Economics at Carnegie Mellon University

What traits are you looking for in a economics school? To help you decide if Carnegie Mellon University is right for you, we've gathered the following information about the school's economics program.

Carnegie Mellon is located in Pittsburgh, Pennsylvania and has a total student population of 13,519. In the 2020-2021 academic year, 63 students received a bachelor's degree in economics from Carnegie Mellon.

Want to know more about the career opportunities in this field? Check out the Careers in Economics section at the bottom of this page.

Carnegie Mellon Economics Degrees Available

• Bachelor’s Degree in Economics
• Master’s Degree in Economics
• Doctorate Degree in Economics

Carnegie Mellon Economics Rankings

Each year, College Factual ranks economics programs across the country. The following shows how Carnegie Mellon performed in these rankings.

Note: Rankings don't always give a complete picture of a school's strengths and weaknesses, so it's a good idea to extend your research and also look at other factors when trying to decide if the school is right for you.

Bachelor’s Degree Overall Quality & Other Notable Rankings

The economics major at Carnegie Mellon is not ranked on College Factual’s Best Colleges and Universities for Economics. This could be for a number of reasons, such as not having enough data on the major or school to make an accurate assessment of its quality.

Ranking Type	Rank
	12
	14
	15
	17
	25
	46
	61
	152
	153
	161
	179
	322

In 2021, 6 students received their master’s degree in economics from Carnegie Mellon. This makes it the #150 most popular school for economics master’s degree candidates in the country.

There were 7 students who received their doctoral degrees in economics, making the school the #62 most popular school in the United States for this category of students.

How Much Do Economics Graduates from Carnegie Mellon Make?

The median salary of economics students who receive their bachelor's degree at Carnegie Mellon is $78,188. This is great news for graduates of the program, since this figure is 70% higher than the national average of $45,868 for all economics bachelor's degree recipients.

Economics Student Demographics at Carnegie Mellon

Take a look at the following statistics related to the make-up of the economics majors at Carnegie Mellon University.

Carnegie Mellon Economics Bachelor’s Program

In the 2020-2021 academic year, 63 students earned a bachelor's degree in economics from Carnegie Mellon. About 44% of these graduates were women and the other 56% were men. The typical economics bachelor's degree program is made up of only 36% women. So female students are more repesented at Carnegie Mellon since its program graduates 8% more women than average.

Prospective students may be interested in knowing that this school graduates 5% more racial-ethnic minorities in its economics bachelor's program than the national average.*

The following table and chart show the race/ethnicity for students who recently graduated from Carnegie Mellon University with a bachelor's in economics.

Race/Ethnicity	Number of Students
Asian	14
Black or African American	2
Hispanic or Latino	5
White	19
International Students	15
Other Races/Ethnicities	8

Carnegie Mellon Economics Master’s Program

During the 2020-2021 academic year, 6 economics majors earned their master's degree from Carnegie Mellon. Of these graduates, 67% were men and 33% were women.

Of the students who received a economics master's degree from Carnegie Mellon, 67% were white. This is above average for this degree on the natiowide level.

The following table and chart show the race/ethnicity for students who recently graduated from Carnegie Mellon University with a master's in economics.

Race/Ethnicity	Number of Students
Asian	0
Black or African American	0
Hispanic or Latino	0
White	4
International Students	1
Other Races/Ethnicities	1

Carnegie Mellon also has a doctoral program available in economics. In 2021, 7 students graduated with a doctor's degree in this field.

Concentrations Within Economics

The following economics concentations are available at Carnegie Mellon University. The completion numbers here include all graduates who receive any type of degree in this field from Carnegie Mellon University. Some of these focus areas may not be available for your degree level.

Concentration	Annual Degrees Awarded
Econometrics & Quantitative Economics	58
Applied Economics	18

Careers That Economics Grads May Go Into

A degree in economics can lead to the following careers. Since job numbers and average salaries can vary by geographic location, we have only included the numbers for PA, the home state for Carnegie Mellon University.

Occupation	Jobs in PA	Average Salary in PA
Market Research Analysts and Marketing Specialists	26,750	$68,630
Managers	11,060	$126,290
Economics Professors	710	$131,060
Economists	610	$87,630
Survey Researchers	510	$60,810

References

*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.

• College Factual
• National Center for Education Statistics
• O*NET Online
• Image Credit: By Daderot under License

More about our data sources and methodologies.