Master’s Degrees in Economics
Featured schools near , edit
Education Levels of Economics Majors
In 2020-2021, 4,803 master's degrees were awarded to economics majors. This earns it the #6 spot on the list of the most popular master's degree programs in the nation.
The following table shows the number of diplomas awarded in economics at each degree level.
| Education Level | Number of Grads |
|---|---|
| Bachelor’s Degree | 39,397 |
| Master’s Degree | 4,803 |
| Associate Degree | 3,446 |
| Doctor’s Degree | 1,248 |
| Graduate Certificate | 122 |
| Basic Certificate | 33 |
| Undergraduate Certificate | 6 |
Earnings of Economics Majors With Master’s Degrees
The median salary for graduates holding a master's degree in economics is $63,388. This number may vary for a lot of reasons. For instance, you may decide to move to a location where people with your degree are rare and make more money. A better approximation of salary is to look at the typical range of salaries. In this case the low is $54,481 and the high is $71,966.
Student Debt
The data on debt ranges for economics majors who have their master's degree is not available.
Student Diversity
More men than women pursue master's degrees in economics. About 57.3% of graduates in this field are male.
| Gender | Number of Grads |
|---|---|
| Men | 2,754 |
| Women | 2,049 |
The racial-ethnic distribution of economics master’s degree students is as follows:
| Race/Ethnicity | Number of Grads |
|---|---|
| Asian | 252 |
| Black or African American | 139 |
| Hispanic or Latino | 240 |
| White | 1,312 |
| International Students | 2,685 |
| Other Races/Ethnicities | 175 |
Most Popular Economics Programs for Master’s Degrees
There are 237 colleges that offer a master’s degree in economics. Learn more about the most popular 20 below:
The most popular school in the United States for economics students seekinga master's degree is Johns Hopkins University. Each year, around 28,800 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $58,720 per year, while in-state graduate students, on average, pay $58,720 per year. During the 2020-2021 academic year, 292 people received their master's degree in economics from Johns Hopkins. About 45% of this group were women, and 12% were students from an underrepresented racial-ethnic group.
The 2nd most popular school in the country for economics majors who are seeking their master's degree is University of Wisconsin - Madison. Roughly 44,600 attend the school each year. The average in-state tuition for full-time undergraduates is $9,273 per year, while in-state graduate students, on average, pay $10,728 per year. The economics program at University of Wisconsin - Madison awarded 209 master's degrees during the 2020-2021 school year. Around 3% of these students were from an underrepresented racial-ethnic group, and 48% were women.
The 3rd most popular school in the country for economics majors who are seeking their master's degree is Brandeis University. Roughly 5,400 attend the school each year. The average in-state tuition for full-time undergraduates is $59,408 per year, while in-state graduate students, on average, pay $53,498 per year. The economics program at Brandeis University awarded 163 master's degrees during the 2020-2021 school year. Of these students, 57% were women and 26% were members of underrepresented racial-ethnic groups.
The 4th most popular school in the country for economics majors who are seeking their master's degree is Boston University. Roughly 32,700 attend the school each year. The average in-state tuition for full-time undergraduates is $58,560 per year, while in-state graduate students, on average, pay $58,560 per year. The economics program at Boston University awarded 149 master's degrees during the 2020-2021 school year. Of these students, 56% were women and 3% were members of underrepresented racial-ethnic groups.
The 5th most popular school in the country for economics majors who are seeking their master's degree is Columbia University in the City of New York. Roughly 30,100 attend the school each year. The average in-state tuition for full-time undergraduates is $59,450 per year, while in-state graduate students, on average, pay $50,496 per year. During the 2020-2021 academic year, 131 people received their master's degree in economics from Columbia. Of these students, 48% were women and 11% were members of underrepresented racial-ethnic groups.
The 6th most popular school in the country for economics majors who are seeking their master's degree is University of Southern California. Each year, around 46,200 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $60,446 per year, while in-state graduate students, on average, pay $60,446 per year. The economics program at University of Southern California awarded 118 master's degrees during the 2020-2021 school year. Of these students, 56% were women and 6% were members of underrepresented racial-ethnic groups.
Georgetown University is the 7th most popular school in the nation for students seeking a master's degree in economics. Roughly 19,300 attend the school each year. The average in-state tuition for full-time undergraduates is $59,784 per year, while in-state graduate students, on average, pay $54,672 per year. For the 2020-2021 academic year, 105 master's degrees were handed out to economics majors at Georgetown. Of these students, 58% were women and 12% were members of underrepresented racial-ethnic groups.
Texas A&M University - College Station comes in at #8 on our list of the most popular colleges offering master's degrees in economics. Each year, around 70,400 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $8,578 per year, while in-state graduate students, on average, pay $6,885 per year. The economics program at Texas A&M University - College Station awarded 99 master's degrees during the 2020-2021 school year. Around 11% of these students were from an underrepresented racial-ethnic group, and 36% were women.
The 9th most popular school in the country for economics majors who are seeking their master's degree is University of Illinois at Urbana-Champaign. Each year, around 52,600 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $14,446 per year, while in-state graduate students, on average, pay $14,635 per year. For the 2020-2021 academic year, 98 master's degrees were handed out to economics majors at UIUC. Around 3% of these students were from an underrepresented racial-ethnic group, and 48% were women.
University of Michigan - Ann Arbor comes in at #10 on our list of the most popular colleges offering master's degrees in economics. Each year, around 47,900 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $16,865 per year, while in-state graduate students, on average, pay $24,902 per year. During the 2020-2021 academic year, 93 people received their master's degree in economics from U-M. Of these students, 43% were women and 5% were members of underrepresented racial-ethnic groups.
New York University is the 11th most popular school in the nation for students seeking a master's degree in economics. Each year, around 52,700 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $53,770 per year, while in-state graduate students, on average, pay $35,982 per year. During the 2020-2021 academic year, 87 people received their master's degree in economics from NYU. Of these students, 41% were women and 5% were members of underrepresented racial-ethnic groups.
Duke University comes in at #12 on our list of the most popular colleges offering master's degrees in economics. Roughly 16,100 attend the school each year. The average in-state tuition for full-time undergraduates is $58,085 per year, while in-state graduate students, on average, pay $57,900 per year. During the 2020-2021 academic year, 78 people received their master's degree in economics from Duke. About 42% of this group were women, and 3% were students from an underrepresented racial-ethnic group.
The 13th most popular school in the country for economics majors who are seeking their master's degree is University of California - Los Angeles. Roughly 44,500 attend the school each year. The average in-state tuition for full-time undergraduates is $11,442 per year, while in-state graduate students, on average, pay $11,442 per year. The economics program at University of California - Los Angeles awarded 72 master's degrees during the 2020-2021 school year. About 49% of this group were women, and 8% were students from an underrepresented racial-ethnic group.
The 14th most popular school in the country for economics majors who are seeking their master's degree is Harvard University. Roughly 30,300 attend the school each year. The average in-state tuition for full-time undergraduates is $51,143 per year, while in-state graduate students, on average, pay $50,928 per year. The economics program at Harvard University awarded 70 master's degrees during the 2020-2021 school year. Around 26% of these students were from an underrepresented racial-ethnic group, and 37% were women.
George Washington University comes in at #15 on our list of the most popular colleges offering master's degrees in economics. Roughly 27,000 attend the school each year. The average in-state tuition for full-time undergraduates is $57,894 per year, while in-state graduate students, on average, pay $32,850 per year. The economics program at George Washington University awarded 69 master's degrees during the 2020-2021 school year. Of these students, 49% were women and 9% were members of underrepresented racial-ethnic groups.
University of Chicago comes in at #16 on our list of the most popular colleges offering master's degrees in economics. Roughly 17,800 attend the school each year. The average in-state tuition for full-time undergraduates is $59,256 per year, while in-state graduate students, on average, pay $62,640 per year. For the 2020-2021 academic year, 68 master's degrees were handed out to economics majors at UChicago. Of these students, 43% were women and 4% were members of underrepresented racial-ethnic groups.
The 16th most popular school in the country for economics majors who are seeking their master's degree is George Mason University. Each year, around 38,500 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $9,510 per year, while in-state graduate students, on average, pay $13,035 per year. For the 2020-2021 academic year, 68 master's degrees were handed out to economics majors at GMU. About 28% of this group were women, and 25% were students from an underrepresented racial-ethnic group.
The 18th most popular school in the country for economics majors who are seeking their master's degree is Boston College. Roughly 14,900 attend the school each year. The average in-state tuition for full-time undergraduates is $60,530 per year, while in-state graduate students, on average, pay $32,616 per year. For the 2020-2021 academic year, 67 master's degrees were handed out to economics majors at Boston College. About 40% of this group were women, and 9% were students from an underrepresented racial-ethnic group.
The 19th most popular school in the country for economics majors who are seeking their master's degree is The University of Texas at Austin. Each year, around 50,400 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $11,752 per year, while in-state graduate students, on average, pay $12,050 per year. The economics program at The University of Texas at Austin awarded 65 master's degrees during the 2020-2021 school year. Around 11% of these students were from an underrepresented racial-ethnic group, and 40% were women.
The 20th most popular school in the country for economics majors who are seeking their master's degree is Northeastern University. Roughly 22,900 attend the school each year. The average in-state tuition for full-time undergraduates is $56,500 per year, while in-state graduate students, on average, pay $25,801 per year. During the 2020-2021 academic year, 59 people received their master's degree in economics from Northeastern. Around 7% of these students were from an underrepresented racial-ethnic group, and 49% were women.
Economics Focus Areas
| Major | Annual Degrees Awarded |
|---|---|
| Quantitative Economics | 3,384 |
| General Economics | 827 |
| Applied Economics | 240 |
| Development Economics | 238 |
| Other Economics | 86 |
Explore Major by State
Alabama
Arkansas
Connecticut
Florida
Idaho
Iowa
Louisiana
Massachusetts
Mississippi
Nebraska
New Jersey
North Carolina
Oklahoma
Rhode Island
Tennessee
Vermont
West Virginia
References
*The racial-ethnic minority student 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 percentage of racial-ethnic minorities.
- College Factual
- National Center for Education Statistics
- O*NET Online
- Bureau of Labor Statistics
- Image Credit: By pixabay under License
More about our data sources and methodologies.
Featured Schools
You have goals. Southern New Hampshire University can help you get there. Whether you need a bachelor's degree to get into a career or want a master's degree to move up in your current career, SNHU has an online program for you. Find your degree from over 200 online programs.
Visit School
BusinessDegreeCentral.com provides higher-education, college and university, degree, program, career, salary, and other helpful information to students, faculty, institutions, and other internet audiences. Presented information and data are subject to change. Inclusion on this website does not imply or represent a direct relationship with the company, school, or brand. Information, though believed correct at time of publication, may not be correct, and no warranty is provided. Contact the schools to verify any information before relying on it. Financial aid may be available for those who qualify. The displayed options may include sponsored or recommended results, not necessarily based on your preferences.
© BusinessDegreeCentral.com – All Rights Reserved.