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Economics in Massachusetts

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Economics Schools in Massachusetts

3,401 students earned Economics degrees in Massachusetts in the 2020-2021 year.

As a degree choice, Economics is the 2nd most popular major in the state.

Education Levels of Economics Majors in Massachusetts

Economics majors in the state tend to have the following degree levels:

Education Level Number of Grads
Bachelor’s Degree 2,697
Master’s Degree 584
Doctor’s Degree (Other) 116
Doctor’s Degree (Research / Scholarship) 116
Doctor’s Degree (Professional Practice) 116
Award Taking Less 12 Weeks 3
Award Taking 12 Weeks to 1 Year 3
Award Taking Less Than 1 Year 3
Post-Master’s Certificate 1
Postbaccalaureate Certificate 1

Gender Distribution

In Massachusetts, a economics major is more popular with men than with women.

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Racial Distribution

The racial distribution of economics majors in Massachusetts is as follows:

  • Asian: 11.5%
  • Black or African American: 3.8%
  • Hispanic or Latino: 6.5%
  • White: 38.4%
  • Non-Resident Alien: 33.4%
  • Other Races: 6.4%
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Jobs for Economics Grads in Massachusetts

In this state, there are 31,480 people employed in jobs related to an economics degree, compared to 1,144,130 nationwide.

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Wages for Economics Jobs in Massachusetts

A typical salary for a economics grad in the state is $117,680, compared to a typical salary of $115,590 nationwide.

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There are 10 colleges in Massachusetts that offer economics degrees. Learn about the most popular 10 below:

452 Degrees in Major Awarded
88% Graduation Rate
32,718 Total Students

This private institution charges an average net price of $30,395. It takes the average student 4.06 years to graduate. In their early career, Boston U grads earn an average salary of $58,876.

#2

Boston College

Chestnut Hill
445 Degrees in Major Awarded
92% Graduation Rate
14,934 Total Students

An average student at Boston College will pay a net price of $36,599. Most students complete their degree in 4.05 years. Grads earn an average early-career salary of $70,858 after earning their degree at this institution.

441 Degrees in Major Awarded
80% Graduation Rate
31,642 Total Students

The 1.90% student loan default rate is lower than average. This public school has an average net price of $22,038. Of all the students who attend this school, 90% get financial aid.

325 Degrees in Major Awarded
88% Graduation Rate
5,440 Total Students

Graduates earn an average $52,141 after graduation. Of all the teachers who work at the school, 71% are considered full time. Seeking financial aid? At this school, 72% of students receive it.

#5

Harvard University

Cambridge
267 Degrees in Major Awarded
98% Graduation Rate
30,391 Total Students

Roughly six years after entering college, graduates of this school earn $77,816 a year. The student to faculty ratio is 5 to 1. It takes the average student 4.15 years to graduate.

#6

Tufts University

Medford
234 Degrees in Major Awarded
93% Graduation Rate
12,219 Total Students

The average student takes 4.07 years to complete their degree at Tufts. This private school has an average net price of $37,494. The student to faculty ratio is 10 to 1.

229 Degrees in Major Awarded
88% Graduation Rate
22,905 Total Students

Students who attend this private institution pay an average net price of $29,714. This school boasts a lower than average student loan default rate of 1.50%. 14 to 1 is the student to faculty ratio.

141 Degrees in Major Awarded
48% Graduation Rate
16,259 Total Students

This school boasts a lower than average student loan default rate of 5.50%. 89% of students are awarded financial aid at this school. Graduates earn an average $50,432 after graduation.

140 Degrees in Major Awarded
92% Graduation Rate
2,970 Total Students

The full-time teacher rate is 89%. The average student takes 4.03 years to complete their degree at Holy Cross. Of all the students who attend this school, 73% get financial aid.

#10

Williams College

Williamstown
100 Degrees in Major Awarded
95% Graduation Rate
1,987 Total Students

This private school has an average net price of $23,497. The student to faculty ratio is 6 to 1. Most students complete their degree in 4.08 years.

Economics Careers in MA

Some of the careers economics majors go into include:

Job Title MA Job Growth MA Median Salary
Market Research Analysts and Marketing Specialists 20% $67,920
Economics Professors 14% $110,630
Managers 7% $120,100

View Nationwide Economics Report

References

More about our data sources and methodologies.

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