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Phd In Economics Jobs in Indiana (NOW HIRING)

Bachelor's degree in Mathematics, Statistics, Computer Science, Engineering, Economics, or a ... Master's degree or PhD in a quantitative or technical discipline What We Offer: Guidehouse offers a ...

About the Role The Medical Outcomes Liaison (MOL) provides clinical insights, Health Economics and ... DO, PhD); nondoctoral clinicians considered with relevant expertise. * Strong background in ...

About the Role The Medical Outcomes Liaison (MOL) provides clinical insights, Health Economics and ... DO, PhD); non-doctoral clinicians considered with relevant expertise. * Strong background in ...

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Phd In Economics information

See Indiana salary details

$51

$62

$72

How much do phd in economics jobs pay per hour?

As of Jul 16, 2026, the average hourly pay for phd in economics in Indiana is $62.22, according to ZipRecruiter salary data. Most workers in this role earn between $56.73 and $67.69 per hour, depending on experience, location, and employer.

What can I do with a PhD in econ?

A PhD in economics prepares individuals for careers in academia, research institutions, government agencies, and private sector roles such as economic analyst, policy advisor, or data scientist. It involves advanced analytical skills, quantitative methods, and economic modeling, often requiring proficiency in statistical software like Stata or R.

What is a PhD in Economics?

A PhD in Economics is a doctoral degree focused on advanced study and research in economic theory, econometrics, and applied economics. This program typically spans 4-6 years and involves rigorous coursework, comprehensive exams, and original research culminating in a dissertation. Graduates are trained to analyze complex economic problems, contribute to policy discussions, and advance the field through academic or industry research. Earning a PhD in Economics prepares individuals for careers in academia, government, international organizations, and the private sector.

What types of career paths are available to someone with a PhD in Economics beyond academia?

While many with a PhD in Economics pursue academic research and teaching positions, there are also diverse opportunities in government agencies, think tanks, international organizations, and the private sector. Economists are often employed in policy analysis, data science, consulting, and financial services, where their analytical and quantitative skills are highly valued. Collaborating with multidisciplinary teams is common, and positions often involve conducting complex research, presenting findings to stakeholders, and informing decision-making processes. Career advancement can lead to senior research, policy advisory, or executive roles depending on the industry.

What is the average salary of a PhD economist?

The average salary of a PhD economist varies by industry and location but typically ranges from $80,000 to over $150,000 annually. Economists working in government, academia, or private sector consulting often have different compensation levels based on experience and specialization.

Is a PhD in econ worth it?

A PhD in economics prepares individuals for research, academia, and high-level policy analysis, often leading to positions in government, think tanks, or universities. While it offers advanced skills in data analysis and economic modeling, the degree requires significant time and financial investment with variable job market outcomes depending on specialization and experience.

Are economics PhDs in demand?

Economics PhDs are in demand in academia, research institutions, government agencies, and private sector roles such as consulting and finance. These positions often require strong analytical skills, quantitative methods, and proficiency with statistical software. Employment prospects depend on specialization, experience, and economic conditions.

What is the difference between Phd In Economics vs Economist?

AspectPhd In EconomicsEconomist
Required CredentialsDoctorate (PhD) in EconomicsBachelor's or Master's in Economics or related field; PhD preferred for advanced roles
Work EnvironmentAcademic, research institutions, think tanks, policy organizationsGovernment agencies, private firms, consulting, research institutions
Industry UsageAcademic research, policy analysis, teachingEconomic analysis, forecasting, policy advising, consulting

While a Phd In Economics focuses on advanced research and academic roles, an Economist applies economic principles in various industries, often with less emphasis on academic research. Both roles require strong analytical skills, but the PhD is essential for research-intensive positions, whereas Economists may have diverse educational backgrounds.

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

To thrive as a PhD in Economics, you need advanced quantitative analysis, economic theory expertise, and strong research skills, typically supported by a doctoral degree in economics or a related field. Proficiency with statistical software such as Stata, R, or MATLAB and experience with academic publishing and data management tools are highly valued. Exceptional critical thinking, effective communication, and collaborative abilities distinguish top economists in academic or industry roles. These skills are crucial for producing rigorous research, influencing policy, and effectively conveying complex economic concepts to diverse audiences.
What are popular job titles related to Phd In Economics jobs in Indiana? For Phd In Economics jobs in Indiana, the most frequently searched job titles are:
What job categories do people searching Phd In Economics jobs in Indiana look for? The top searched job categories for Phd In Economics jobs in Indiana are:
What cities in Indiana are hiring for Phd In Economics jobs? Cities in Indiana with the most Phd In Economics job openings:
Infographic showing various Phd In Economics job openings in Indiana as of July 2026, with employment types broken down into 72% Full Time, and 28% Contract. Highlights an 100% In-person job distribution, with an average salary of $129,412 per year, or $62.2 per hour.
Model Validation Lead

Model Validation Lead

Guidehouse

Indianapolis, IN • On-site

Full-time

Medical, Dental, Vision, Life, Retirement

Re-posted 24 days ago


Guidehouse rating

7.5

Company rating: 7.5 out of 10

Based on 26 frontline employees who took The Breakroom Quiz

37th of 58 rated business consultants


Job description

Job Family:

Data Science Consulting


Travel Required:

Up to 25%


Clearance Required:

Active Secret

What You Will Do

As a Model Validation Lead, you will provide technical and programmatic leadership for the independent validation, governance, and risk management of advanced analytics, machine learning, and AI models deployed in federal environments. You will lead model validation efforts supporting mission‑critical use cases across defense and federal financial domains, ensuring models are sound, explainable, compliant, and operationally fit for purpose.

You will work closely with data scientists, MLOps engineers, system owners, risk stakeholders, and government counterparts to define validation standards, execute reviews, and ensure alignment with federal, DoD, and financial governance expectations.

Key responsibilities include:

  • Lead end‑to‑end model validation activities for ML, AI, and advanced analytical models

  • Define and oversee validation frameworks covering conceptual soundness, data integrity, methodology, performance, bias, and stability

  • Review and challenge model assumptions, feature engineering, training approaches, and performance metrics

  • Assess model robustness, sensitivity, and limitations across operational scenarios

  • Evaluate model explainability, transparency, and interpretability for technical and non‑technical stakeholders

  • Partner with MLOps and engineering teams to ensure models are production‑ready and compliant with governance requirements

  • Establish validation documentation standards, review artifacts, and approval processes

  • Support audits, reviews, and governance forums related to AI/ML risk and compliance

  • Advise clients on model risk management, AI governance, and responsible AI practices

  • Mentor junior staff and serve as a technical authority within analytics and AI engagements

What You Will Need
  • An ACTIVE and MAINTAINED "SECRET" Federal or DoD security clearance.

  • Bachelor’s degree in Mathematics, Statistics, Computer Science, Engineering, Economics, or a related quantitative field

  • FIVE (5) or more years of experience in model validation, model risk management, data science, quantitative analysis, or advanced analytics

  • Experience validating ML, statistical, and predictive models in regulated or high‑risk environments

  • Experience in Python and analytics tooling used to assess, test, and challenge models

  • Experience working with large‑scale datasets and complex analytical pipelines

  • Experience leading small teams or workstreams and interfacing directly with senior stakeholders

What Would Be Great to Have
  • Strong understanding of model risk management concepts, including governance, documentation, and independent review

  • Experience supporting the Department of Defense, including exposure to Advana or enterprise analytics platforms

  • Hands‑on experience validating models using federal financial, budgetary, accounting, or audit data

  • Experience validating models deployed on Databricks (e.g., Spark, MLflow)

  • Ability to translate technical findings into clear, defensible conclusions for government and executive audiences

  • Exposure to models developed or operationalized in Palantir Foundry

  • Familiarity with MLOps practices and how validation integrates into CI/CD pipelines

  • Experience in Azure Government, AWS GovCloud, or other regulated cloud environments

  • Knowledge of Responsible AI, fairness, bias detection, and explainability techniques

  • Experience supporting internal or external audits of AI/ML systems

  • Master’s degree or PhD in a quantitative or technical discipline


What We Offer:

Guidehouse offers a comprehensive, total rewards package that includes competitive compensation and a flexible benefits package that reflects our commitment to creating a diverse and supportive workplace.

Benefits include:

  • Medical, Rx, Dental & Vision Insurance

  • Personal and Family Sick Time & Company Paid Holidays

  • Position may be eligible for a discretionary variable incentive bonus

  • Parental Leave and Adoption Assistance

  • 401(k) Retirement Plan

  • Basic Life & Supplemental Life

  • Health Savings Account, Dental/Vision & Dependent Care Flexible Spending Accounts

  • Short-Term & Long-Term Disability

  • Student Loan PayDown

  • Tuition Reimbursement, Personal Development & Learning Opportunities

  • Skills Development & Certifications

  • Employee Referral Program

  • Corporate Sponsored Events & Community Outreach

  • Emergency Back-Up Childcare Program

  • Mobility Stipend

About Guidehouse

Guidehouse is an Equal Opportunity Employer–Protected Veterans, Individuals with Disabilities or any other basis protected by law, ordinance, or regulation.

Guidehouse will consider for employment qualified applicants with criminal histories in a manner consistent with the requirements of applicable law or ordinance including the Fair Chance Ordinance of Los Angeles and San Francisco.

If you have visited our website for information about employment opportunities, or to apply for a position, and you require an accommodation, please contact Guidehouse Recruiting at 1-571-633-1711 or via email at RecruitingAccommodation@guidehouse.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodation.

All communication regarding recruitment for a Guidehouse position will be sent from Guidehouse email domains including @guidehouse.com or guidehouse@myworkday.com.  Correspondence received by an applicant from any other domain should be considered unauthorized and will not be honored by Guidehouse.  Note that Guidehouse will never charge a fee or require a money transfer at any stage of the recruitment process and does not collect fees from educational institutions for participation in a recruitment event. Never provide your banking information to a third party purporting to need that information to proceed in the hiring process.

If any person or organization demands money related to a job opportunity with Guidehouse, please report the matter to Guidehouse’s Ethics Hotline. If you want to check the validity of correspondence you have received, please contact recruiting@guidehouse.com. Guidehouse is not responsible for losses incurred (monetary or otherwise) from an applicant’s dealings with unauthorized third parties.

Guidehouse does not accept unsolicited resumes through or from search firms or staffing agencies. All unsolicited resumes will be considered the property of Guidehouse and Guidehouse will not be obligated to pay a placement fee.


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