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Phd In Econometrics Jobs in Virginia (NOW HIRING)

Master's degree or PhD in Economics, Data Science, Applied Mathematics, or a related quantitative field. * 5+ years of relevant experience in quantitative economic modeling, advanced econometrics ...

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Phd In Econometrics information

What is a PhD in Econometrics?

A PhD in Econometrics is an advanced academic degree focused on the application of statistical and mathematical methods to economic data. It prepares students to conduct original research, develop new econometric models, and analyze complex economic problems using quantitative techniques. Graduates often pursue careers in academia, research institutions, government agencies, or the private sector, where advanced data analysis and economic modeling skills are in high demand.

What are some common career paths for someone with a PhD in Econometrics?

With a PhD in Econometrics, graduates often pursue careers in academia as professors or researchers, but there are also numerous opportunities in the private and public sectors. Many work as quantitative analysts, data scientists, or policy advisors in financial institutions, government agencies, international organizations, or consulting firms. The advanced analytical and statistical skills developed during the PhD are highly valued in roles that involve complex data analysis, economic modeling, and policy evaluation. Collaboration with interdisciplinary teams, including economists, data engineers, and policymakers, is common, providing a dynamic work environment and pathways for professional growth.

What are the key skills and qualifications needed to thrive as a PhD in Econometrics, and why are they important?

To thrive as a PhD in Econometrics, you need advanced expertise in statistical theory, econometric modeling, and data analysis, typically supported by a doctoral degree in economics or a related field. Proficiency in statistical software such as Stata, R, Python, or SAS, as well as experience with large datasets and econometric methodologies, is essential. Strong analytical thinking, problem-solving abilities, and effective communication skills help you convey complex findings to diverse audiences. These skills are crucial for producing rigorous research, informing policy, and contributing valuable insights in academic, governmental, or industry settings.

How much does a PhD in Econometrics make?

A PhD in Econometrics typically earns a salary ranging from $80,000 to over $150,000 annually, depending on the industry, location, and experience. Econometricians working in finance, consulting, or academia often have higher earning potential, especially with strong quantitative and programming skills.

Is a PhD in econometrics worth it?

A PhD in econometrics prepares individuals for advanced research, academic positions, and data analysis roles in finance, government, and consulting. It typically involves rigorous coursework and research, leading to higher-level job opportunities and increased earning potential, but requires significant time and effort investment. The value depends on career goals and the demand for specialized quantitative skills.

What can I do with a PhD in econometrics?

A PhD in econometrics prepares individuals for research, analysis, and data-driven roles in academia, government agencies, financial institutions, and consulting firms. Graduates often work as economic analysts, quantitative researchers, policy advisors, or data scientists, utilizing statistical software and advanced modeling techniques. These roles require strong analytical skills and knowledge of econometric methods to inform decision-making and policy development.

What cities in Virginia are hiring for Phd In Econometrics jobs?

Cities in Virginia with the most Phd In Econometrics job openings:

Senior Economist (REMOTE/Reston, VA/Waltham, MA)

ICF International, Inc.

Reston, VA • On-site, Remote

$95K - $121K/yr

Full-time

Re-posted 16 days ago


Job description

SENIOR ECONOMIST
ICF is looking for an Senior Economist to join our Regulatory, Policy and Economics business portfolio where we support primarily public-sector clients with research, analysis, technical assistance, and implementation support to help address complex policy, management, and regulatory challenges. We estimate the safety, environmental, and social effects of regulations, policies and programs and assess their costs, benefits, and economic impacts. We also evaluate program effectiveness. We work with virtually all federal agencies and with state and local agencies and select non-profit and private-sector clients. Our key clients include the Nuclear Regulatory Commission, Department of Transportation, Department of Homeland Security, Department of Labor, Department of Interior, and Environmental Protection Agency.
This full-time position will be located in Reston, VA or Waltham, MA with flexibility for hybrid telework. We are also open to other remote locations.
What you will be doing:
As a Senior Economist, you will perform economic, financial, and policy analyses on issues of transportation, public safety and environmental protection, with the bulk of your work on domestic regulatory issues.
You will lead research and quantitative analyses in support of policy decisions. Your duties may include characterizing baseline economic conditions and risk; performing economic, financial, and other quantitative analyses to assess the costs and impacts of policies on affected businesses, industries, employment, and the economy; analyzing how regulatory interventions may affect transportation risk; and developing models to assess costs, economic impacts, and benefits or assess risk or uncertainty.
You will work in collaboration with other ICF staff within a multidisciplinary team that includes economists, scientists, modelers, regulatory specialists, and other subject matter experts.
What you need to be a successful candidate for this role:
Minimum Qualifications Required:
  • Master's degree in economics or related discipline with coursework in economics
  • Minimum 10 years of relevant work experience; OR
  • A PhD in economics or related discipline with coursework in economics, plus 8 years of relevant work experience.

Additional Qualifications Required:
  • The ability to work in a fast-paced environment as this role entails a combination of independent thought leadership and team work, adaptability to varying client needs.
  • You also need to have very strong analytical skills and a demonstrated ability to work independently and to apply a variety of technical skills and innovative thinking to solve complex problems.
  • As this is a client-facing role, excellent oral and written communication skills are essential. Prior experience in economic consulting or in a similar function within the federal government are highly desirable.

Preferred Qualifications:
  • The preferred candidate will have a PhD graduate degree and demonstrated experience conducting benefit-cost and regulatory impact analyses to support policy decisions by US federal regulatory agencies.
  • Preference will be placed on candidates with knowledge of federal transportation or environmental programs and regulations, as well as knowledge of key regulated industries (e.g., oil and gas, chemical manufacturing, shipping, utilities).
  • Prior consulting experience is highly desirable

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Bot and Third-Party Applications
Please note that this application must be submitted directly by the applicant for consideration. Failure to do so may result in the application being excluded for consideration. Applicants needing an accommodation for disability or religious purposes in connection with the application process should contact Candidateaccommodation@icf.com for assistance.
Working at ICF
ICF is a global advisory and technology services provider, but we're not your typical consultants. We combine unmatched expertise with cutting-edge technology to help clients solve their most complex challenges, navigate change, and shape the future.
We can only solve the world's toughest challenges by building a workplace that allows everyone to thrive. We are an equal opportunity employer. Together, our employees are empowered to share their expertise and collaborate with others to achieve personal and professional goals. For more information, please read our EEO policy.
We will consider for employment qualified applicants with arrest and conviction records.
Reasonable Accommodations are available, including, but not limited to, for disabled veterans, individuals with disabilities, and individuals with sincerely held religious beliefs, in all phases of the application and employment process. To request an accommodation, please email Candidateaccommodation@icf.com and we will be happy to assist. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
Read more about workplace discrimination rights or our benefit offerings which are included in the Transparency in (Benefits) Coverage Act.
Candidate AI Usage Policy
At ICF, we are committed to ensuring a fair interview process for all candidates based on their own skills and knowledge. As part of this commitment, the use of artificial intelligence (AI) tools to generate or assist with responses during interviews (whether in-person or virtual) is not permitted. This policy is in place to maintain the integrity and authenticity of the interview process.
However, we understand that some candidates may require accommodation that involves the use of AI. If such an accommodation is needed, candidates are instructed to contact us in advance at candidateaccommodation@icf.com. We are dedicated to providing the necessary support to ensure that all candidates have an equal opportunity to succeed.
Pay Range - There are multiple factors that are considered in determining final pay for a position, including, but not limited to, relevant work experience, skills, certifications and competencies that align to the specified role, geographic location, education and certifications as well as contract provisions regarding labor categories that are specific to the position.
The pay range for this position based on full-time employment is:
$89,649.00 - $152,404.00
Nationwide Remote Office (US99)