Economics at University of Minnesota - Twin Cities

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

UMN Twin Cities is located in Minneapolis, Minnesota and has a total student population of 52,017. In 2021, 363 economics majors received their bachelor's degree from UMN Twin Cities.

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

UMN Twin Cities Economics Degrees Available

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

UMN Twin Cities Economics Rankings

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

Note: Although rankings can help you see some information about a school, it's not a good idea to depend on them alone. Be sure to check out other things about the school before making your decision to attend.

Bachelor’s Degree Overall Quality & Other Notable Rankings

The economics major at UMN Twin Cities 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
	43
	61
	82
	112
	119
	176

In 2021, 15 students received their master’s degree in economics from UMN Twin Cities. This makes it the #83 most popular school for economics master’s degree candidates in the country.

There were 39 students who received their doctoral degrees in economics, making the school the #3 most popular school in the United States for this category of students.

How Much Do Economics Graduates from UMN Twin Cities Make?

The median salary of economics students who receive their bachelor's degree at UMN Twin Cities is $50,320. This is great news for graduates of the program, since this figure is 10% higher than the national average of $45,868 for all economics bachelor's degree recipients.

Economics Student Demographics at UMN Twin Cities

Take a look at the following statistics related to the make-up of the economics majors at University of Minnesota - Twin Cities.

UMN Twin Cities Economics Bachelor’s Program

In the 2020-2021 academic year, 363 students earned a bachelor's degree in economics from UMN Twin Cities. About 36% of these graduates were women and the other 64% were men.

The following table and chart show the race/ethnicity for students who recently graduated from University of Minnesota - Twin Cities with a bachelor's in economics.

Race/Ethnicity	Number of Students
Asian	30
Black or African American	8
Hispanic or Latino	12
White	143
International Students	155
Other Races/Ethnicities	15

UMN Twin Cities Economics Master’s Program

During the 2020-2021 academic year, 15 students graduated with a master's degree in economics from UMN Twin Cities. About 53% were men and 47% were women.

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

Race/Ethnicity	Number of Students
Asian	0
Black or African American	0
Hispanic or Latino	2
White	6
International Students	7
Other Races/Ethnicities	0

UMN Twin Cities also has a doctoral program available in economics. In 2021, 39 students graduated with a doctor's degree in this field.

Concentrations Within Economics

Economics majors may want to concentrate their studies in one of these areas. The completion numbers here include all graduates who receive any type of degree in this field from University of Minnesota - Twin Cities. Some of these focus areas may not be available for your degree level.

Concentration	Annual Degrees Awarded
Econometrics & Quantitative Economics	190
General Economics	154
Applied Economics	73

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 MN, the home state for University of Minnesota - Twin Cities.

Occupation	Jobs in MN	Average Salary in MN
Market Research Analysts and Marketing Specialists	14,850	$74,300
Managers	9,350	$128,590
Economics Professors	300	$110,060
Economists	250	$81,720

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 AlexiusHoratius under License

More about our data sources and methodologies.