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Economics in Massachusetts

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Economics Schools in Massachusetts

3,662 students earned Economics degrees in Massachusetts in the 2018-2019 year.

In terms of popularity, Economics is the 2nd most popular major in the state out of a total 28 majors commonly available.

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 3,010
Master’s Degree 520
Doctor’s Degree (Research / Scholarship) 124
Doctor’s Degree (Professional Practice) 124
Doctor’s Degree (Other) 124
Award Taking Less Than 1 Year 8

Gender Distribution

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

Economics Majors in MA Gender Diversity Statistics

Racial Distribution

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

  • Asian: 10.5%
  • Black or African American: 3.4%
  • Hispanic or Latino: 6.7%
  • White: 41.2%
  • Non-Resident Alien: 32.5%
  • Other Races: 5.7%
Economics Majors in MA Ethnic Diversity Statistics

Jobs for Economics Grads in Massachusetts

31,480 people in the state and 1,144,130 in the nation are employed in jobs related to economics.

Economics Jobs Nationwide vs. MA

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.

jobs nationwide vs. state.

There are 38 colleges in Massachusetts that offer economics degrees. Learn about the most popular 10 below:

473 Degrees in Major Awarded
78% Graduation Rate
31,350 Total Students

Most students complete their degree in 4.14 years. This public school has an average net price of $21,396. 18 to 1 is the student to faculty ratio.

#2

Boston College

Chestnut Hill
452 Degrees in Major Awarded
92% Graduation Rate
14,747 Total Students

This private school has an average net price of $33,562. Graduates earn an average $57,000 after graduation. Of all the students who attend this school, 56% get financial aid.

448 Degrees in Major Awarded
85% Graduation Rate
33,720 Total Students

Students who attend this private institution pay an average net price of $30,729. The student to faculty ratio is 10 to 1. 58% of students get financical aid.

390 Degrees in Major Awarded
86% Graduation Rate
5,825 Total Students

This private institution charges an average net price of $37,688. Most students complete their degree in 4.11 years. Seeking financial aid? At this school, 68% of students receive it.

#5

Harvard University

Cambridge
382 Degrees in Major Awarded
98% Graduation Rate
31,655 Total Students

Most students complete their degree in 4.13 years. Of all the students who attend this school, 77% get financial aid. The student to faculty ratio is 7 to 1.

257 Degrees in Major Awarded
84% Graduation Rate
22,207 Total Students

Of all the teachers who work at the school, 74% are considered full time. An average student at Northeastern will pay a net price of $31,855. Of all the students who attend this school, 77% get financial aid.

#7

Tufts University

Medford
192 Degrees in Major Awarded
93% Graduation Rate
11,878 Total Students

This private school has an average net price of $31,485. 45% of students get financical aid. It takes the average student 4.07 years to graduate.

#8

Williams College

Williamstown
141 Degrees in Major Awarded
96% Graduation Rate
2,150 Total Students

6 to 1 is the student to faculty ratio. The student loan default rate is 0.40% which is lower than average. Graduates earn an average $42,600 after graduation.

127 Degrees in Major Awarded
42% Graduation Rate
15,989 Total Students

Students enjoy a student to faculty ratio of 17 to 1. 62% of the teachers are full time. The average student takes 4.75 years to complete their degree at UMass Boston.

120 Degrees in Major Awarded
92% Graduation Rate
2,963 Total Students

Grads earn an average early-career salary of $49,100 after earning their degree at this institution. The 1.80% student loan default rate is lower than average. This private school has an average net price of $35,692.

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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