According to a recent Economist article, in 2020, one in seven new phD grads went to work at tech companies (up from less than 1 in 20 in 2018).
Also:
- This year, Meta awarded its coveted research fellowship to a grad student in economics. Previously, it went to computer scientists, engineers, physicists, and statisticians.
- Amazon now has 400 full time economists on staff.
- Last year, Uber hired a fifth of Harvard's graduating economics phD class.
Tech companies are hiring them to work on business problems such as pricing, product development, and strategy. They also value their skills in working with data and stats.
© 2022 Praveen Puri
