Master’s Degrees in Economics
Education Levels of Economics Majors
During the 2019-2020 academic year, 4,493 students earned their master's degree in economics. This earns it the #7 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|
Earnings of Economics Majors With Master’s Degrees
The median salary for graduates holding a master's degree in economics is $59,200. 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 $50,875 and the high is $65,075.
The median student debt for graduates holding a master's degree in economics is $42,269. The length of time it takes you to graduate and what college you attend can affect this number quite a bit. The chart below shows the range of accumulated debt loads. On the high side of the range, $57,499 is the debt load, and the debt load on the low side is $34,261.
More men than women pursue master's degrees in economics. About 58.8% of graduates in this field are male.
|Gender||Number of Grads|
The racial-ethnic distribution of economics master’s degree students is as follows:
|Race/Ethnicity||Number of Grads|
|Black or African American||118|
|Hispanic or Latino||207|
Most Popular Economics Programs for Master’s Degrees
There are 229 colleges that offer a master’s degree in economics. Learn more about the most popular 20 below:
Economics Focus Areas
|Major||Annual Degrees Awarded|
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*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.
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