Economics Schools in Michigan
1,322 students earned Economics degrees in Michigan in the <nil> year.
In terms of popularity, Economics is the 5th most popular major in the state out of a total 29 majors commonly available.
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Education Levels of Economics Majors in Michigan
Economics majors in the state tend to have the following degree levels:
| Education Level | Number of Grads |
|---|---|
| Bachelor’s Degree | 1,132 |
| Master’s Degree | 129 |
| Doctor’s Degree (Research / Scholarship) | 54 |
| Doctor’s Degree (Professional Practice) | 54 |
| Doctor’s Degree (Other) | 54 |
| Post-Master’s Certificate | 4 |
| Postbaccalaureate Certificate | 4 |
| Associate Degree | 3 |
Gender Distribution
In Michigan, a economics major is more popular with men than with women.
Racial Distribution
The racial distribution of economics majors in Michigan is as follows:
- Asian: 7.6%
- Black or African American: 2.4%
- Hispanic or Latino: 4.9%
- White: 51.1%
- Non-Resident Alien: 24.1%
- Other Races: 9.9%
Jobs for Economics Grads in Michigan
There are 26,140 people in the state and 1,144,130 people in the nation working in economics jobs.
Wages for Economics Jobs in Michigan
A typical salary for a economics grad in the state is $90,040, compared to a typical salary of $115,590 nationwide.
Most Popular Economics Programs in MI
There are 10 colleges in Michigan that offer economics degrees. Learn about the most popular 10 below:
Roughly six years after entering college, graduates of this school earn $67,792 a year. Most students complete their degree in 4.16 years. Students who attend this public school pay an average net price of $17,086.
It takes the average student 4.35 years to graduate. 72% of students are awarded financial aid at this school. Roughly six years after entering college, graduates of this school earn $53,701 a year.
Grads earn an average early-career salary of $42,592 after earning their degree at this institution. Seeking financial aid? At this school, 99% of students receive it. The student loan default rate of 1.50% is a good sign that graduates can afford their loan payments.
The student loan default rate is 1.90% which is lower than average. It takes the average student 4.15 years to graduate. Roughly six years after entering college, graduates of this school earn $47,094 a year.
The full-time teacher rate is 100%. It takes the average student 4.14 years to graduate. The student to faculty ratio is 8 to 1.
It takes the average student 4.74 years to graduate. Seeking financial aid? At this school, 97% of students receive it. In their early career, Eastern Michigan grads earn an average salary of $40,440.
A typical student attending WMU will pay a net price of $19,195. Seeking financial aid? At this school, 97% of students receive it. 64% of the teachers are full time.
An average student at Detroit Mercy will pay a net price of $17,121. 11 to 1 is the student to faculty ratio. It takes the average student 4.28 years to graduate.
The 0.40% student loan default rate is lower than average. It takes the average student 4.19 years to graduate. This private institution charges an average net price of $26,281.
16 to 1 is the student to faculty ratio. This school boasts a lower than average student loan default rate of 0.90%. In their early career, UM Dearborn grads earn an average salary of $48,168.
Economics Careers in MI
Some of the careers economics majors go into include:
| Job Title | MI Job Growth | MI Median Salary |
|---|---|---|
| Market Research Analysts and Marketing Specialists | 24% | $61,280 |
| Economics Professors | 9% | $103,650 |
| Economists | 8% | $80,990 |
| Managers | 7% | $95,390 |
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View Nationwide Economics Report
References
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By pixabay under License
More about our data sources and methodologies.
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