Economics at Carnegie Mellon University
If you plan to study Economics, consider the program at Carnegie Mellon University. Get started with the following essential facts.
Carnegie Mellon University sits in Pittsburgh, PA.
For the most recent IPEDS reporting year, 53 economics degrees were awarded at Carnegie Mellon University.
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Online & Distance Learning at Carnegie Mellon University
Online coursework is an option at Carnegie Mellon University. Among 15,888 students, 554 (3%) studied exclusively online and 3,497 (22%) took at least some classes online.
Economics Rankings at Carnegie Mellon University
These rankings give you a sense of how Carnegie Mellon University’s Economics program to other colleges that offer this major.
Master’s-Level Rankings
| Ranking | Scope | Rank |
|---|---|---|
| Best Schools (Quality) | Pennsylvania | #6 of 22 |
| Best Schools (Quality) | Middle Atlantic (Region) | #12 of 85 |
| Best Value | Pennsylvania | #14 of 22 |
| Best Schools (Quality) | Nationwide | #50 of 466 |
| Best Value | Middle Atlantic (Region) | #59 of 84 |
| Best Value | Nationwide | #386 of 463 |
Doctoral-Level Rankings
| Ranking | Scope | Rank |
|---|---|---|
| Best Schools (Quality) | Pennsylvania | #6 of 22 |
| Best Schools (Quality) | Middle Atlantic (Region) | #12 of 85 |
| Best Value | Pennsylvania | #14 of 22 |
| Best Schools (Quality) | Nationwide | #50 of 466 |
| Best Value | Middle Atlantic (Region) | #59 of 84 |
| Best Value | Nationwide | #386 of 463 |
Earnings for Economics Graduates from Carnegie Mellon University
Graduates of Carnegie Mellon University’s Economics program earn at the following median levels (per the U.S. Department of Education’s College Scorecard):
| Years After Graduation | Median Earnings |
|---|---|
| 1 year | $78,188 |
| 2 years | $69,338 |
| 3 years | $85,635 |
| 4 years | $94,093 |
| 5 years | $132,407 |
How do these earnings stack up against the rest of the school? Four years out, Economics graduates from Carnegie Mellon University earn a median of $94,093, compared with $134,648 for all Carnegie Mellon University graduates — about 30% lower than the school-wide median.
Median Debt at Graduation
The median debt for Economics graduates from Carnegie Mellon University is $22,020.
Student Demographics & Diversity
Below you’ll find the diversity of Economics graduates at Carnegie Mellon University, broken down by degree level.
Across all degree levels, Economics graduates at Carnegie Mellon University are 43% women (23) and 57% men (30).
Economics Bachelor’s Program at Carnegie Mellon University
Of the 48 bachelor’s economics graduates at Carnegie Mellon University, 46% were women (22) and 54% were men (26).
The following table and chart show the race/ethnicity of Economics bachelor’s degree recipients at Carnegie Mellon University.
| Race / Ethnicity | Number of Graduates |
|---|---|
| White | 9 |
| Hispanic / Latino | 3 |
| Asian | 19 |
| Two or More Races | 2 |
| International (Nonresident) | 13 |
| Unknown | 2 |
Racial-ethnic minorities make up 50% of Economics bachelor’s degree recipients at Carnegie Mellon University, above the national average of 34%.*
Economics Master’s Program at Carnegie Mellon University
Among the 5 master’s economics graduates at Carnegie Mellon University, 20% were women (1) and 80% were men (4).
The following table and chart show the race/ethnicity of Economics master’s degree recipients at Carnegie Mellon University.
| Race / Ethnicity | Number of Graduates |
|---|---|
| International (Nonresident) | 5 |
*The racial-ethnic minorities figure is the total number of graduates minus White, international (nonresident), and unknown-race graduates.
More Specific Economics Concentrations at Carnegie Mellon University
This Economics program at Carnegie Mellon University includes the following sub-specializations:
| Concentration | Graduates |
|---|---|
| Applied Economics | 2 |
| Quantitative Economics | 51 |
Top-Paying Careers for Economics Graduates
Graduates of the Economics program at Carnegie Mellon University pursue many career paths. Below are the best-paid careers for Economics graduates, ordered by median annual salary:
| Occupation | Nationwide Median Wage |
|---|---|
| Wind Energy Development Managers | $169,952 |
| Loss Prevention Managers | $165,723 |
| Business Intelligence Analysts | $143,840 |
| Statisticians | $130,349 |
| Market Research Analysts and Marketing Specialists | $124,518 |
| Wind Energy Operations Managers | $122,567 |
| Biostatisticians | $121,594 |
| Compliance Managers | $117,178 |
| Survey Researchers | $108,538 |
| Data Scientists | $106,295 |
References
- IPEDS — Integrated Postsecondary Education Data System
- U.S. Department of Education — College Scorecard
- O*NET Online (Bureau of Labor Statistics)
- National Center for Education Statistics
More about our data sources and methodologies.
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