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Entry Level Economics Jobs in Madison, AL (NOW HIRING)

This entry-level role is an excellent opportunity to build a career in defense acquisition, program ... Economics, Statistics, Operations Research or related disciplines. ● Must qualify to be granted a ...

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Entry Level Economics information

See Madison, AL salary details

$41.2K

$73.5K

$109.8K

How much do entry level economics jobs pay per year?

As of Sep 5, 2026, the average yearly pay for entry level economics in Madison, AL is $73,528.00, according to ZipRecruiter salary data. Most workers in this role earn between $61,800.00 and $88,300.00 per year, depending on experience, location, and employer.

What are entry level economics jobs?

Entry level economics jobs are positions suitable for individuals who have recently completed a degree in economics or a related field, often requiring little to no prior professional experience. These roles may include titles such as research assistant, economic analyst, data analyst, or junior consultant. Entry level economics jobs typically involve tasks like data collection, statistical analysis, report writing, and supporting senior economists on research projects. They serve as a foundation for gaining practical experience and advancing to more specialized or senior roles in economics.

What types of projects and tasks can I expect as an entry level economics professional?

As an entry-level economics professional, you will often assist with data collection, statistical analysis, and the preparation of reports for senior economists. Your daily tasks might include researching economic trends, compiling datasets, and using software tools like Excel or Stata to interpret findings. You may also help prepare presentations or summaries for internal teams or external clients. This role typically involves close collaboration with other analysts and departments, providing a foundation for understanding larger economic concepts and gaining practical experience for future advancement.

What are the key skills and qualifications needed to thrive as an entry level economist, and why are they important?

To thrive as an Entry Level Economist, you need a solid grounding in economic theory, quantitative analysis, and statistical methods, usually supported by a bachelor's degree in economics or a related field. Proficiency in data analysis tools like Excel, Stata, R, or Python, and familiarity with economic modeling software are commonly required. Strong analytical thinking, attention to detail, and effective communication skills help you interpret data and present findings clearly. These competencies are vital for conducting meaningful research, supporting policy decisions, and contributing valuable insights in both public and private sector roles.

What is the difference between Entry Level Economics vs Entry Level Data Analyst?

AspectEntry Level EconomicsEntry Level Data Analyst
Required CredentialsBachelor's in Economics or related fieldBachelor's in Economics, Statistics, or related field
Work EnvironmentResearch, policy analysis, consultingData collection, analysis, reporting
Employer & Industry UsageGovernment agencies, think tanks, financeCorporations, finance, marketing, tech

Entry Level Economics and Entry Level Data Analyst roles share similar educational backgrounds but differ in focus. Economics roles emphasize economic theory and policy, while Data Analysts focus on data manipulation and insights. Both are common entry points in finance, consulting, and research industries, but Data Analysts often require more technical skills like Excel, SQL, or statistical software.

What does an entry level economist do?

An entry level economist analyzes economic data, prepares reports, and supports research to help organizations understand market trends and economic conditions. They often use statistical tools and software like Excel or econometrics programs and may assist senior economists in policy development or business strategy.

What are popular job titles related to Entry Level Economics jobs in Madison, AL?

For Entry Level Economics jobs in Madison, AL, the most frequently searched job titles are:

What job categories do people searching Entry Level Economics jobs in Madison, AL look for?

The top searched job categories for Entry Level Economics jobs in Madison, AL are:

What cities near Madison, AL are hiring for Entry Level Economics jobs?

Cities near Madison, AL with the most Entry Level Economics job openings:

Infographic showing various Entry Level Economics job openings in Madison, AL as of August 2026, with employment types broken down into 71% Full Time, and 29% Part Time. Highlights an 85% In-person, 4% Hybrid, and 11% Remote job distribution, with an average salary of $73,528 per year, or $35.4 per hour.

Entry Level Program Cost Analyst

Vervic Inc.

Huntsville, AL • On-site

$65K - $75K/yr

Full-time

Medical, PTO

Posted 16 days ago


Job description

Benefits:
  • Competitive salary
  • Health insurance
  • Paid time off

Existing Clearance Not Required!
We are seeking a motivated and detail-oriented PM ASE Business Division Program and Planning 
Analyst to provide cost estimating and program support. As a Program/Cost Analyst within Program 
Manager Aircraft Survivability Equipment (ASE) you will collect and analyze data to develop written 
presentations that encompass complex program analyses with a high degree of quality and accuracy. 
This entry-level role is an excellent opportunity to build a career in defense acquisition, program 
planning, and federal budgeting.
Responsibilities
●  Program Budgeting & Justification: Prepare, develop, and coordinate the Army Program Budget 
Briefings (APBB) to provide decision-makers with data necessary to justify and shape funding 
requests.
● Briefing Development: Develop Procurement (P-Forms), Research, Development, Test and Evaluation 
(R-Forms), and Program Objective Memorandum (POM) briefings.
● Information Management: Gather cross-functional responses to both external and internal Requests 
for Information (RFIs).
● Presentations: Develop comprehensive presentations and communicate complex program data 
effectively to leadership.
● Cost Estimation (Foreign Military Sales):
○ Develop Independent Government Cost Estimates (IGCEs) for Foreign Military Sales (FMS).
○ Develop detailed cost estimates for projected FMS cases in support of forthcoming contract 
actions.
● Database Management: Obtain cost data to establish and maintain a credible, structured cost 
database.
● Documentation: Review and integrate vital information for Cost Analysis Requirements Documents 
(CARDs).
● Stakeholder Collaboration: Interface directly with the Government Program Manager
to support all tasks, subtasks, and strategic program direction.
Education / Experience / Skills Required
● Quantitative math-based bachelor’s degree in fields such as Mathematics, Engineering, Economics, 
Statistics, Operations Research or related disciplines.
● Must qualify to be granted a Secret Security Clearance.
● Strong analytical skills with great attention to detail.
● Excellent oral and written communication skills, with the ability to interact professionally and 
work effectively in a team environment.
● Proficiency in Microsoft Excel to include the ability to produce graphs and tables, pivot 
tables, use spreadsheets efficiently, and perform calculations.
● Strong knowledge of Microsoft Office applications such as Word and PowerPoint to design reports 
and present findings.
● Candidate must be a self-starter, highly motivated, able to multi-task and possess excellent 
interpersonal skills.
Preferred Qualifications:
Master’s Degree is preferred.