Economics at University of Maryland - College Park

If you plan to study economics, take a look at what University of Maryland - College Park has to offer and decide if the program is a good match for you. Get started with the following essential facts.

UMCP is located in College Park, Maryland and has a total student population of 40,709. Of the 1,646 students who graduated with a bachelor’s degree from University of Maryland - College Park in 2021, 432 of them were economics majors.

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

UMCP Economics Degrees Available

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

UMCP Economics Rankings

The following rankings from College Factual show how the economics progam at UMCP compares to programs at other colleges and universities.

Note: While rankings may be a good starting point when you're researching a school, they don't necessarily highlight all of a school's strengths. Don't forget to check out the other details that are available for a school to see if it has what you're looking for in a program.

Bachelor’s Degree Overall Quality & Other Notable Rankings

The economics major at UMCP 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
	11
	11
	21
	28
	30
	44
	59
	99
	99
	137
	198
	205

In 2021, 58 students received their master’s degree in economics from UMCP. This makes it the #21 most popular school for economics master’s degree candidates in the country.

There were 23 students who received their doctoral degrees in economics, making the school the #11 most popular school in the United States for this category of students.

How Much Do Economics Graduates from UMCP Make?

The median salary of economics students who receive their bachelor's degree at UMCP is $49,898. This is great news for graduates of the program, since this figure is 9% higher than the national average of $45,868 for all economics bachelor's degree recipients.

Economics Student Demographics at UMCP

Take a look at the following statistics related to the make-up of the economics majors at University of Maryland - College Park.

UMCP Economics Bachelor’s Program

During the 2020-2021 academic year, 432 students graduated with a bachelor's degree in economics from UMCP. About 69% were men and 31% were women.

Prospective students may be interested in knowing that this school graduates 7% 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 University of Maryland - College Park with a bachelor's in economics.

Race/Ethnicity	Number of Students
Asian	69
Black or African American	39
Hispanic or Latino	45
White	211
International Students	51
Other Races/Ethnicities	17

UMCP Economics Master’s Program

In the 2020-2021 academic year, 58 students earned a master's degree in economics from UMCP. About 34% of these graduates were women and the other 66% were men.

The following table and chart show the race/ethnicity for students who recently graduated from University of Maryland - College Park with a master's in economics.

Race/Ethnicity	Number of Students
Asian	4
Black or African American	1
Hispanic or Latino	5
White	23
International Students	22
Other Races/Ethnicities	3

UMCP also has a doctoral program available in economics. In 2021, 23 students graduated with a doctor's degree in this field.

Concentrations Within Economics

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

Concentration	Annual Degrees Awarded
Econometrics & Quantitative Economics	414
General Economics	99

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 MD, the home state for University of Maryland - College Park.

Occupation	Jobs in MD	Average Salary in MD
Managers	14,450	$122,050
Market Research Analysts and Marketing Specialists	10,500	$67,900
Economists	700	$116,870
Survey Researchers	590	$90,920
Economics Professors	230	$119,300

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 Bgervais under License

More about our data sources and methodologies.