Government

Economic development officer

Economic development officers work with communities, local government and business to bring investment, jobs and facilities to an area.

Annual Salary

£22,000 to £50,000

Average UK salary in 2018 was £29,588 (source Office for Statistics)

Working hours

37.5

5%
Future employment

There will be 5% more Economic development officer jobs in 2024.
In your local area

What's it all about?

Your day-to-day duties could include:

  • developing projects to support local business growth 
  • building partnerships with communities, business networks and local government
  • bidding for local, national and European funding
  • setting up training schemes for local businesses and unemployed people
  • advising local businesses and community groups
  • promoting the local area to attract new employers and increase tourism
  • working on neighbourhood renewal projects
  • organising business fairs and giving presentations
  • managing budgets
  • attracting inward investment or bidding for funding

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

You'll usually need:

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

Apprenticeship

You could complete a professional economist degree apprenticeship.

You'll usually need:

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

£22,000 to £50,000

Starter salary: £22,000

Experienced salary: £25,000 to £35,000

These figures are a guide.

37.5

You’ll usually work standard office hours, Monday to Friday. You may occasionally need to work longer hours to meet project deadlines. 

You’ll be mainly office-based, but will spend some of your time attending meetings and visiting companies and development sites.

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

With experience, you could progress to senior officer or economic policy manager. 

You could also move into freelance consultancy work, or work abroad with international development agencies.

You can learn more about working in economic development through the Institute of Economic Development.

Skills required and how your skills match up

What skills are required?

You'll need:

  • knowledge of English language
  • knowledge of geography
  • 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
  • to be able to use a computer and the main software packages competently
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