Tax policy analyst to economic adviser
A tax policy analyst already meets 37% of what the economic adviser role asks for. The move turns on 12 required skills not yet in the profile.
63.8/ 100
1 How much of what an economic adviser is expected to do is already part of a tax policy analyst’s work. Directional: the figure for the reverse move differs, because moving into a speciality is not the same problem as moving out of one. 2 Every skill the economic adviser role is recorded as needing, required and optional together. What these numbers mean.
Why this move works
An economic adviser role treats 9 of its required skills as things a tax policy analyst already does. You would walk in with these on day one.
- business analysis
- company policies
- develop organisational policies
- financial forecasting
- monitor company policy
- organisational policies
What stands in the way is 12 required skills the profile does not yet cover. Table 3 groups them; Table 4 says which to take first.
Table 2 · What you already bring
Of the 12 skills that carry over, these are the ones fewest other occupations ask for. An economic adviser role needs them, and most people applying for one will not have them already. This is the part of a tax policy analyst background worth leading with.
- already held supervise advocacy work management skills
- already held advise on public finance communication, collaboration and creativity
- already held politics social sciences, journalism and information
- already held monitor company policy information skills
- already held business analysis business, administration and law
- already held public finance business, administration and law
All 12 carried skills, including the 9 the economic adviser role treats as required.
Table 3 · What you may need to learn
The 27 missing skills fall into 7 areas of the ESCO skill hierarchy, numbered in the order worth working in. Areas carrying the most required skills come first, and inside each one the required skills sit above the optional ones. Nothing here is a verdict on you: it is a list of what this particular job asks for that your current one does not.
- still to learn analyse economic trends required
- still to learn analyse market financial trends required
- still to learn apply statistical analysis techniques required
- still to learn assess risk factors required
- still to learn carry out statistical forecasts required
- still to learn comprehend financial business terminology required
- still to learn develop financial statistics reports required
- still to learn maintain financial records required
- optional, not held inspect government incomes optional
- optional, not held analyse big data optional
- optional, not held ensure information transparency optional
- optional, not held inspect government expenditures optional
- optional, not held report analysis results optional
- still to learn advise on economic development required
- optional, not held maintain relations with local representatives optional
- optional, not held advise on government policy compliance optional
- optional, not held advise on legislative acts optional
- optional, not held liaise with local authorities optional
- optional, not held maintain relationships with government agencies optional
- optional, not held present reports optional
- still to learn market analysis required
- optional, not held civil law optional
- still to learn economics required
- optional, not held environmental economics optional
- still to learn statistics required
- optional, not held scientific research methodology optional
1 further area in the appendix
Table 4 · Where to start
The 3 entries an economic adviser role is least likely to hire without. The ordering is computed from the skill data, not from what pays.
- 01 advise on economic development practise this
- 02 analyse economic trends practise this
- 03 analyse market financial trends practise this
Each entry opens a course search for that skill. Career Overlap earns nothing from these links.
Appendix · The rest of the record
All 12 skills that carry over
- already held business analysis knowledge
- already held company policies knowledge
- already held develop organisational policies skill
- already held financial forecasting knowledge
- already held monitor company policy skill
- already held organisational policies knowledge
- already held politics knowledge
- already held strategic planning knowledge
- already held supervise advocacy work skill
- already held advise on public finance skill
- already held government policy implementation knowledge
- already held public finance knowledge
The 1 learning area not shown above
- optional, not held use business simulation tools optional
15 supplementary skills, helpful but not required
- optional, not held environmental economics optional
- optional, not held inspect government incomes optional
- optional, not held maintain relations with local representatives optional
- optional, not held use business simulation tools optional
- optional, not held advise on government policy compliance optional
- optional, not held advise on legislative acts optional
- optional, not held analyse big data optional
- optional, not held civil law optional
- optional, not held ensure information transparency optional
- optional, not held inspect government expenditures optional
- optional, not held liaise with local authorities optional
- optional, not held maintain relationships with government agencies optional
- optional, not held present reports optional
- optional, not held report analysis results optional
- optional, not held scientific research methodology optional
25 held skills the economic adviser role does not ask for
- not needed by the target role accounting techniques knowledge
- not needed by the target role advise on tax planning skill
- not needed by the target role advise on tax policy skill
- not needed by the target role audit techniques knowledge
- not needed by the target role bookkeeping regulations knowledge
- not needed by the target role budgetary principles knowledge
- not needed by the target role cadastral taxation knowledge
- not needed by the target role comply with legal regulations skill
- not needed by the target role corporate law knowledge
- not needed by the target role develop taxation policies skill
- not needed by the target role disseminate information on tax legislation skill
- not needed by the target role ensure cross-department cooperation skill
- not needed by the target role forecast account metrics skill
- not needed by the target role fraud detection knowledge
- not needed by the target role international business knowledge
- not needed by the target role manage administrative systems skill
- not needed by the target role manage government policy implementation skill
- not needed by the target role office software knowledge
- not needed by the target role perform project management skill
- not needed by the target role prepare financial auditing reports skill
- not needed by the target role public law knowledge
- not needed by the target role research taxation procedures skill
- not needed by the target role tax legislation knowledge
- not needed by the target role use microsoft office skill
- not needed by the target role write work-related reports skill
6 gaps that are knowledge rather than practice
Knowledge gaps usually close through study. Practical skill gaps usually need something you can point at.
- still to learn economics required
- still to learn market analysis required
- still to learn statistics required
- optional, not held environmental economics optional
- optional, not held civil law optional
- optional, not held scientific research methodology optional
Common questions about this move
Can a tax policy analyst become an economic adviser?
Yes, and it is a substantial move. A tax policy analyst already covers 37% of what an economic adviser is expected to do: 12 skills carry over, 9 of which the economic adviser role treats as required.
What skills does a tax policy analyst need to become an economic adviser?
12 required skills are missing, plus 15 optional ones. They fall into 7 areas of the ESCO skill hierarchy, led by information skills. The single most important is advise on economic development.
How hard is the move from tax policy analyst to economic adviser?
Its learning distance is 63.8 out of 100, which is the substantial band. That accounts for both how much is missing and how specialised those skills are.
How this record was compiled
Both occupations are taken from ESCO, which lists the skills and knowledge each occupation is expected to have and marks every one required or optional. Nothing here is a prediction about hiring, and nothing here knows that a particular employer wants a particular certificate. Treat Table 3 as a starting point for your own research rather than a syllabus. The full method states what these figures can and cannot tell you.