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Economics in Minnesota

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Economics Schools in Minnesota

741 Economics students earned their degrees in the state in <nil>.

In this state, Economics is the 6th most popular major out of a total 24 majors commonly available.

Education Levels of Economics Majors in Minnesota

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

Education Level Number of Grads
Bachelor’s Degree 697
Doctor’s Degree (Research / Scholarship) 22
Doctor’s Degree (Professional Practice) 22
Doctor’s Degree (Other) 22
Master’s Degree 20
Post-Master’s Certificate 2
Postbaccalaureate Certificate 2

Gender Distribution

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

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Racial Distribution

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

  • Asian: 6.6%
  • Black or African American: 3.8%
  • Hispanic or Latino: 4.6%
  • White: 57.9%
  • Non-Resident Alien: 23.5%
  • Other Races: 3.6%
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Jobs for Economics Grads in Minnesota

There are 24,750 people in the state and 1,144,130 people in the nation working in economics jobs.

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Wages for Economics Jobs in Minnesota

A typical salary for a economics grad in the state is $81,720, compared to a typical salary of $115,590 nationwide.

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There are 11 colleges in Minnesota that offer economics degrees. Learn about the most popular 11 below:

417 Degrees in Major Awarded
83% Graduation Rate
52,376 Total Students

Students enjoy a student to faculty ratio of 17 to 1. 82% of students are awarded financial aid at this school. The 0.60% student loan default rate is lower than average.

#2

St Olaf College

Northfield
90 Degrees in Major Awarded
86% Graduation Rate
2,988 Total Students

12 to 1 is the student to faculty ratio. The student loan default rate is 0.50% which is lower than average. The average student takes 4.07 years to complete their degree at St. Olaf.

#3

Macalester College

Saint Paul
57 Degrees in Major Awarded
91% Graduation Rate
2,244 Total Students

Grads earn an average early-career salary of $43,737 after earning their degree at this institution. It takes the average student 4.06 years to graduate. The full-time teacher rate is 80%.

51 Degrees in Major Awarded
76% Graduation Rate
9,336 Total Students

The full-time teacher rate is 50%. This private school has an average net price of $28,142. The student loan default rate of 0.90% is a good sign that graduates can afford their loan payments.

#5

Carleton College

Northfield
30 Degrees in Major Awarded
92% Graduation Rate
2,044 Total Students

This private institution charges an average net price of $31,800. Students enjoy a student to faculty ratio of 8 to 1. Grads earn an average early-career salary of $53,015 after earning their degree at this institution.

27 Degrees in Major Awarded
62% Graduation Rate
9,884 Total Students

The student to faculty ratio is 16 to 1. In their early career, UMN Duluth grads earn an average salary of $49,198. Of all the students who attend this school, 87% get financial aid.

#6

Saint Johns University

Collegeville
27 Degrees in Major Awarded
75% Graduation Rate
1,643 Total Students

An average student at SJU will pay a net price of $24,849. 100% of students are awarded financial aid at this school. Roughly six years after entering college, graduates of this school earn $59,128 a year.

19 Degrees in Major Awarded
78% Graduation Rate
2,251 Total Students

In their early career, Gustavus Adolphus grads earn an average salary of $48,470. The 0.70% student loan default rate is lower than average. 99% of students are awarded financial aid at this school.

#9

Augsburg University

Minneapolis
17 Degrees in Major Awarded
57% Graduation Rate
3,166 Total Students

It takes the average student 4.22 years to graduate. Students who attend this private institution pay an average net price of $24,052. 100% of students are awarded financial aid at this school.

16 Degrees in Major Awarded
47% Graduation Rate
10,774 Total Students

The student to faculty ratio is 16 to 1. It takes the average student 4.61 years to graduate. Students who attend this public school pay an average net price of $14,300.

#10

St Catherine University

Saint Paul
16 Degrees in Major Awarded
62% Graduation Rate
3,904 Total Students

Most students complete their degree in 4.25 years. Roughly six years after entering college, graduates of this school earn $50,044 a year. The 1.50% student loan default rate is lower than average.

Economics Careers in MN

Some of the careers economics majors go into include:

Job Title MN Job Growth MN Median Salary
Market Research Analysts and Marketing Specialists 20% $67,670
Managers 7% $118,410
Economists 5% $68,050
Economics Professors 3% $95,020

View Nationwide Economics Report

References

More about our data sources and methodologies.

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