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Economic Consulting Jobs in Virginia (NOW HIRING)

Senior Economic Mobility Research Specialist

Reston, VA · On-site

$95K - $121K/yr

SENIOR ECONOMIC MOBILITY RESEARCH SPECIALIST ICF is actively seeking a Senior Economic Mobility ... consultants. We combine unmatched expertise with cutting-edge technology to help clients solve ...

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Economic Consulting information

See Virginia salary details

$32.7K

$106.7K

$148.2K

How much do economic consulting jobs pay per year?

As of Sep 5, 2026, the average yearly pay for economic consulting in Virginia is $106,671.00, according to ZipRecruiter salary data. Most workers in this role earn between $91,200.00 and $115,500.00 per year, depending on experience, location, and employer.

What is economic consulting?

Economic consulting is a field where professionals use economic theories, data analysis, and quantitative methods to help organizations solve complex business and legal problems. Economic consultants often provide expertise in areas such as litigation support, regulatory compliance, market analysis, and policy evaluation. They work with law firms, corporations, and government agencies to analyze financial data, model economic outcomes, and present findings in reports or as expert witnesses in court. This work helps clients make informed decisions in matters like mergers, antitrust cases, and damages assessment.

What are the key skills and qualifications needed to thrive as an economic consultant?

To thrive as an Economic Consultant, you need strong analytical skills, a solid background in economics or finance, and typically a relevant degree such as economics, mathematics, or statistics. Familiarity with statistical software (like Stata, R, or SAS), Excel, and sometimes industry certifications are essential for data analysis and modeling. Exceptional communication, critical thinking, and the ability to present complex findings clearly to clients set top performers apart. These skills are crucial for delivering accurate insights, providing strategic recommendations, and supporting clients' decision-making processes.

What are the common challenges faced by professionals in economic consulting and how can they be managed?

Professionals in economic consulting often tackle complex data analysis and must communicate technical findings to clients who may not have an economics background. Tight deadlines and shifting client priorities can create a fast-paced environment, requiring strong project management and adaptability. Collaborating with multidisciplinary teams, including legal experts and industry specialists, is essential for delivering comprehensive solutions. Building strong analytical, communication, and teamwork skills helps manage these challenges effectively and contributes to career growth.

What is the difference between Economic Consulting vs Economic Analyst?

AspectEconomic ConsultingEconomic Analyst
Required CredentialsTypically requires a master's or Ph.D. in economics or related fieldOften requires a bachelor's or master's degree in economics or related discipline
Work EnvironmentConsulting firms, law firms, or corporate advisory teamsCorporations, government agencies, or research institutions
Employer & Industry UsageUsed in legal cases, regulatory matters, and policy analysisUsed for data analysis, economic modeling, and reporting

Economic Consulting and Economic Analysts both work with economic data, but Economic Consulting typically involves advising clients on legal or regulatory issues, requiring advanced degrees and working in consulting firms. Economic Analysts often focus on data analysis within organizations, with a broader range of educational backgrounds.

Do you need a PhD for economic consulting?

A PhD is not typically required for economic consulting roles, as many positions are open to candidates with a master's degree in economics, finance, or related fields. However, a PhD can be advantageous for specialized or research-intensive roles and may lead to higher-level positions. Strong analytical skills, proficiency in economic modeling, and experience with data analysis tools are also important for success in the field.

How do you get into economic consulting?

To enter economic consulting, candidates typically need a strong educational background in economics, finance, or related fields, often with a master's or Ph.D. degree. Gaining relevant skills such as data analysis, economic modeling, and proficiency in tools like Excel or Stata is important, along with internships or entry-level positions to build experience in consulting or economic research.

What do economic consultants do?

Economic consultants analyze economic data and trends to provide expert advice for legal, regulatory, or business decisions. They conduct research, create reports, and use tools like statistical software to evaluate economic impacts and support clients in litigation, policy development, or strategic planning.

What are the most commonly searched types of Economic Consulting jobs in Virginia?

The most popular types of Economic Consulting jobs in Virginia are:

What cities in Virginia are hiring for Economic Consulting jobs?

Cities in Virginia with the most Economic Consulting job openings:

Infographic showing various Economic Consulting job openings in Virginia as of August 2026, with employment types broken down into 1% Internship, 81% Full Time, 15% Part Time, and 3% Contract. Highlights an 85% Physical, 4% Hybrid, and 11% Remote job distribution, with an average salary of $106,671 per year, or $51.3 per hour.

Director, Growth and Engagement, Mastercard Economics Institute

MasterCard

Arlington, VA • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 9 days ago


Key responsibilities

  • Coordinate between MEI, Economics Intelligence product, Consulting teams, and stakeholders to identify, scope, and staff engagements and research initiatives.

  • Build, refine, and own the go-to-market strategy for the Economics Intelligence segment and product in North America.

  • Ensure delivery excellence by sourcing local talent, participating in project deliveries, and identifying client needs and use-case nuances.


Job description

Our Purpose

Mastercard powers economies and empowers people in 200+ countries and territories worldwide. Together with our customers, we're helping build asustainableeconomy where everyone can prosper. We support a wide range of digital payments choices, making transactionssecure, simple, smart and accessible. Our technology and innovation, partnerships and networks combine to deliver a unique set of products and services that help people, businesses and governments realize their greatest potential.

Title and Summary

Director, Growth and Engagement, Mastercard Economics InstituteOverview
The Mastercard Economics Institute (MEI) is an economics lab that drives economic thought leadership in support of Mastercard's efforts to build a more inclusive and sustainable digital economy
The Economics Institute was launched in 2020 to analyze macroeconomic trends through the lens of the consumer to deliver tailored and actionable insights on economic issues for customers, partners and policymakers
The Institute is composed of a team of economists, data scientists and business strategists that utilize & synthesize the anonymized and aggregated data from the Mastercard network together with public data to bring powerful insights to life, in the form of 1:1 presentations, global thought leadership, media participation, and commercial work through our product partners
About the Role
We are looking for an expert on the nuances of the North America business environment at Mastercard to own the following infrastructure builds, and their maintenance for North America:
-Develop and lead our commercial growth strategy
-Focus our enterprise-wide engagement strategy
-Drive operational efficiency and strong operational outcomes for the Institute.
Qualified candidates either have experience connecting - or are enthusiastic about the opportunity to learn how to connect - business challenges to economics solutions. You will use this skill to partner with the Global Head of Growth and Operations, the Global Head of Operations, and the other Regional Growth and Engagement Leads to lead growth for the Economics Institute, and source and cultivate delivery excellence for NAM with assistance of the global MEI team and local practice leads. This individual will report to the VP for Regional Growth and Engagement, and will have the following responsibilities:
Act as point person in NAM to coordinate between MEI, Economics Intelligence product, Consulting teams, and external and internal stakeholders to identify, scope, and staff consulting engagements, product development initiatives, and exploratory research
Use regional nuances to build out, refine, and own the Economics Intelligence segment and product go-to-market strategy for NAM, in coordination with global practice leads
Engage in broader business development in NAM across products by joining key client meetings, developing and/or localizing MEI collateral, and informing marketing campaigns
Ensure delivery excellence in coordination with NAM Product leads, including but not limited to: sourcing and developing local talent pipeline; participating in project deliveries and providing feedback; and identifying client use-case nuances or unmet needs
Collaborate with MEI and business/product owners to develop and deliver on new services for NAM (size the market, scope requirements, address customer and product needs)
Partner with Head of Growth and Operations on group build out including infrastructure and strategy
Support development of MEI value proposition for other regions by being available for above functions outside of NAM on an as-needed basis
All About You
10+ years of consulting, business development, strategy and operations, or sales experience. Deep understanding of the Mastercard business model is a plus.
strong collaborator working across cross functional teams within the Institute and the broader Mastercard team; successful track record driving results from within a matrixed organization
deep experience with commercial pipeline management and trade-offs
methodical approach to project management, for both revenue-gen and internal work
familiarity with the field of global economics consulting and data products
demonstrated ability to manage complex projects and timelines effectively and handling evolving situations fluidly
enthusiasm for talent management and development, as owner of regional project pipeline responsible for recommending staffing plans and securing team resources against production calendar and commitments
openness to new ideas, approaches, challenges and environments
strong stakeholder management skills necessary both for prioritization, development and deployment of new offerings within Mastercard, and for project execution with Mastercard's target audience of senior business leadersMastercard is a merit-based, inclusive, equal opportunity employer that considers applicants without regard to gender, gender identity, sexual orientation, race, ethnicity, disabled or veteran status, or any other characteristic protected by law. We hire the most qualified candidate for the role. In the US or Canada, if you require accommodations or assistance to complete the online application process or during the recruitment process, please contact reasonable_accommodation@mastercard.com and identify the type of accommodation or assistance you are requesting. Do not include any medical or health information in this email. The Reasonable Accommodations team will respond to your email promptly.

Corporate Security Responsibility


All activities involving access to Mastercard assets, information, and networks comes with an inherent risk to the organization and, therefore, it is expected that every person working for, or on behalf of, Mastercard is responsible for information security and must:

  • Abide by Mastercard's security policies and practices;

  • Ensure the confidentiality and integrity of the information being accessed;

  • Report any suspected information security violation or breach, and

  • Complete all periodic mandatory security trainings in accordance with Mastercard's guidelines.

In line with Mastercard's total compensation philosophy and assuming that the job will be performed in the US, the successful candidate will be offered a competitive base salary and may be eligible for an annual bonus or commissions depending on the role. The base salary offered may vary depending on multiple factors, including but not limited to location, job-related knowledge, skills, and experience. Mastercard benefits for full time (and certain part time) employees generally include: insurance (including medical, prescription drug, dental, vision, disability, life insurance); flexible spending account and health savings account; paid leaves (including 16 weeks of new parent leave and up to 20 days of bereavement leave); 80 hours of Paid Sick and Safe Time, 25 days of vacation time and 5 personal days, pro-rated based on date of hire; 10 annual paid U.S. observed holidays; 401k with a best-in-class company match; deferred compensation for eligible roles; fitness reimbursement or on-site fitness facilities; eligibility for tuition reimbursement; and many more. Mastercard benefits for interns generally include: 56 hours of Paid Sick and Safe Time; jury duty leave; and on-site fitness facilities in some locations.

Pay Ranges

Boston, Massachusetts: $179,000 - $305,000 USDArlington, Virginia: $179,000 - $305,000 USDNew York City, New York: $187,000 - $318,000 USDPurchase, New York: $179,000 - $305,000 USD