If you want to be an economist you need a Phd.
Business Analyst roles paying $65K+ will not / should not require a masters (at least in some of the more competitive job markets, DC, NYC, Chi etc). That salary range is what a lot of me and my Econ cohort were getting straight out of college. If anything, I'd say if you want to go the Master's route I'd say look to a Master's in Finance.
Finance and Econ are very similar in theory, assumptions and concepts however, Finance actually applies those theories and concepts in the real world / practically. I usually urge people to do Finance at the Master's level over Econ.
If you're dead set on the MA in Econ (and have already enrolled) then what you need to start doing is reaching out the people in the companies you're interested in. Do not start looking to make the connections when you're a semester from graduating.
Here's what I suggest
- Try to get a mentor or career coach that can help offer you advice, but also keep you accountable
- Get a list of 50 companies you'd want to work for that have Business Analyst roles (JP Morgan, Walmart, GEICO, Capital One etc)
- Take a look at the required skills/experience they are looking for an ensure you have at least 50-60% of them. On the hard, technical skills you want that to be even higher.
- Per skills, I suggest SQL as a base. Depending on the rigor of the Analyst role, you may even want to get some statistical packages under your belt (SAS, SPSS etc)
- For the 50 companies, see if you can connect with one recruiter at each company on LinkedIn. Let them know what you're currently doing and if they do any recruiting from the Master's program you're at.
The main thing is to start the networking processing now. You're kind of coming from a different industry so make sure you nail an internship during your first summer as that will be a spring board to either a return offer or it'll give you a foot into the industry.
Let me know if you got any other questions.