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Phd In Economics Jobs in Virginia (NOW HIRING)

Freddie Mac

Quantitative Analytics Senior

Mclean, VA · On-site

$126 - $190/hr

PhD in economics, finance, statistics, or a related quantitative discipline, or Master's degree with 3+ years of relevant experience. * Demonstrated knowledge of Econometrics modeling techniques.

Freddie Mac

Quantitative Analytics Senior

Mclean, VA · On-site

PhD in economics, finance, statistics, or a related quantitative discipline, or Master's degree with 3+ years of relevant experience. * Demonstrated knowledge of Econometrics modeling techniques.

Freddie Mac

Quantitative Analytics Senior

Mclean, VA · On-site

PhD in economics, finance, statistics, or a related quantitative discipline, or Master's degree with 3+ years of relevant experience. * Demonstrated knowledge of Econometrics modeling techniques.

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How much do phd in economics jobs pay per hour?

As of Sep 5, 2026, the average hourly pay for phd in economics in Virginia is $64.82, according to ZipRecruiter salary data. Most workers in this role earn between $59.09 and $70.53 per hour, depending on experience, location, and employer.

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 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 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.

Is a PhD in economics in demand?

A PhD in economics is in demand for academic, research, and policy roles, especially in government agencies, think tanks, and universities. Economists with strong analytical skills and expertise in data analysis, econometrics, and modeling are sought after in various sectors, including finance and consulting. Job opportunities often require advanced research capabilities and a solid understanding of economic theory.

Is a PhD in economics useful?

A PhD in economics is useful for careers in academia, research, policy analysis, and high-level consulting, where advanced analytical and quantitative skills are required. It can lead to roles in government agencies, international organizations, and financial institutions, often involving data analysis, economic modeling, and policy development.

What can I do with a PhD in economics?

A PhD in economics prepares individuals for research, teaching at the university level, and policy analysis roles in government, think tanks, or international organizations. Graduates often work as economists, data analysts, or consultants, utilizing quantitative skills, economic modeling, and statistical tools like R or Stata. Career paths may also include roles in finance, consulting, or academia.

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What job categories do people searching Phd In Economics jobs in Virginia look for?

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

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Phd In Economics jobs near you
Infographic showing various Phd In Economics job openings in Virginia as of August 2026, with employment types broken down into 81% Full Time, 18% Part Time, and 1% Contract. Highlights an 74% Physical, 8% Hybrid, and 18% Remote job distribution, with an average salary of $134,833 per year, or $64.8 per hour.

Manager, Economic Services - Data Science

KPMG US

Mclean, VA • On-site

Full-time

Re-posted 27 days ago

Job description

Job Summary:
KPMG US is one of the world's top professional services firms, currently seeking a Manager in Economic Services specializing in Data Science. The role involves creating econometric analysis and machine learning models for clients, building AI applications, and maintaining tools and solutions that enhance software development and model deployment.
Responsibilities:
• Create econometric analysis, machine learning and deep learning models on economic, regulatory and policy issues of significance to a range of clients in the public and private sector
• Build LLM-powered applications and contribute to Agentic AI system Design for complex tasks
• Design, build, and productionize Retrieval-Augmented Generation (RAG) systems, including document ingestion, embedding pipelines, vector search, and LLM orchestration
• Contribute to and maintain a repository of internal tools and client-facing solutions, showcasing best practices in software development and model deployment
• Develop and document prototypes and production-level code for a variety of AI and machine learning applications; develop proof of concept, prototype, and minimum viable products
• Craft rigorous, insightful narratives on the issues under analysis and translate these into informative professional reports, dashboards, and visualizations that are accessible to technical and non-technical audience
• Act with integrity, professionalism, and personal responsibility to uphold KPMG's respectful and courteous work environment
Qualifications:
Required:
• Minimum of five years of recent experience with advisory related projects within a quantitative analysis firm, consulting firm, or background in a scientific laboratory
• PhD in the areas of Computer Science, Mathematics, Mathematical Statistics, Electrical Engineering is required
• A portfolio of projects (such as via GitHub, personal website, or other platforms) that demonstrates expertise in building and deploying AI/ML models and NLP solutions
• Experience building data science or LLM-based products, with a demonstrable track record of your personal contributions to the codebase
• Demonstrated experience in the development, application and interpretation of complex economic and statistical modeling frameworks using Python or R
• Strong written and verbal communication skills, excellent research skills, and the ability to work well both autonomously and in a team environment
• Applicants must be authorized to work in the US without the need for employment-based visa sponsorship now or in the future; KPMG LLP will not sponsor applicants for U.S. work visa status for this opportunity (no sponsorship for H-1B, L-1, TN, O-1, E-3, H-1B1, F-1, J-1, OPT, CPT or any other employment-based visa)
Company:
KPMG is one of the world’s leading professional services firms and the fastest growing Big Four accounting firm in the United States. Founded in 2010, the company is headquartered in New York, USA, with a team of 10001+ employees. The company is currently Late Stage.

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