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Economic development officer

Economic development officers get companies to set up businesses in an area to create new jobs, facilities and growth.

Average annual salary

£24,000 to £45,000

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Entry Requirements:

You can get into this job through:

  • a university course
  • an apprenticeship
  • working towards this role
  • applying directly

University

You could do a foundation degree, higher national diploma, degree or postgraduate qualification in one of the following subjects:

  • regeneration
  • planning and surveying
  • economics
  • marketing
  • business management
  • construction management
  • housing

Entry requirements:

  • 1 or 2 A levels, or equivalent, for a foundation degree or higher national diploma
  • 2 to 3 A levels, or equivalent, for a degree
  • a degree in any subject for a postgraduate course

Entry requirements:

Apprenticeship

You could do a professional economist degree apprenticeship.

Entry requirements:

  • 4 or 5 GCSEs at grades 9 to 4 (A* to C) and A levels, or equivalent, for a degree apprenticeship

Work

You could start as an assistant, researcher or administrator in an economic development unit.

You could then work your way up through training and promotion to become a development officer.

DirectApplication

You could apply directly if you've got a background in bidding for funding, managing projects, controlling budgets or marketing.

You'll usually need experience from working in a related area like:

  • town planning
  • community development
  • regeneration
  • business advice
  • construction management
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Required Skills:

Digital skills : to be able to use a computer and the main software packages competently

Skills:
  • the ability to work well with others
  • analytical thinking skills
  • excellent verbal communication skills
  • persistence and determination
  • ambition and a desire to succeed
  • business management skills
  • the ability to use your judgement and make decisions
  • maths skills
  • legal knowledge including court procedures and government regulations
  • patience and the ability to remain calm in stressful situations
  • customer service skills
  • knowledge of English language
  • the ability to read English
  • the ability to think clearly using logic and reasoning
  • knowledge of geography
  • active listening skills
  • thinking and reasoning skills
  • knowledge of systems analysis and development
  • concentration skills
  • a good memory
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What you'll do:

Economic development officers get companies to set up businesses in an area to create new jobs, facilities and growth.

As an economic development officer, you could:

  • develop projects to support local business growth
  • build partnerships with communities, business networks and local government
  • bid for funding and manage budgets
  • set up training schemes for local businesses and unemployed people
  • advise local businesses and community groups
  • promote the local area to attract new employers and increase tourism
  • work on neighbourhood renewal projects
  • organise business fairs and give presentations

Location : You could work in an office.

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Salary:

Starter : £24,000
Experienced : £45,000

These figures are a guide

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Working hours:

37 - 39 hours a week

Working Pattern is evenings occasionally

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Career Path:

With experience, you could:

  • become a senior officer or economic policy manager
  • move into freelance consultancy
  • work abroad with international development agencies

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