Economics at University of Massachusetts-Amherst
If you plan to study Economics, take a look at what University of Massachusetts-Amherst. The following information will help you decide if it is a good fit for you.
University of Massachusetts-Amherst is in Amherst, MA.
During the most recent reporting year, 442 economics degrees were awarded at University of Massachusetts-Amherst.
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Studying Online at University of Massachusetts-Amherst
Many students take online classes at University of Massachusetts-Amherst. Of 31,726 students, 3,511 (11%) were enrolled entirely in distance education and 2,793 (9%) took at least some classes online.
Economics Rankings at University of Massachusetts-Amherst
Use these rankings to compare University of Massachusetts-Amherst’s Economics program against other schools offering the same major.
Master’s-Level Rankings
| Ranking | Scope | Rank |
|---|---|---|
| Best Value | Massachusetts | #8 of 21 |
| Best Schools (Quality) | Massachusetts | #14 of 22 |
| Best Value | New England (Region) | #15 of 45 |
| Best Schools (Quality) | New England (Region) | #27 of 46 |
| Best Schools (Quality) | Nationwide | #141 of 466 |
| Best Value | Nationwide | #318 of 463 |
Doctoral-Level Rankings
| Ranking | Scope | Rank |
|---|---|---|
| Best Value | Massachusetts | #8 of 21 |
| Best Schools (Quality) | Massachusetts | #14 of 22 |
| Best Value | New England (Region) | #15 of 45 |
| Best Schools (Quality) | New England (Region) | #27 of 46 |
| Best Schools (Quality) | Nationwide | #141 of 466 |
| Best Value | Nationwide | #318 of 463 |
Earnings for Economics Graduates from University of Massachusetts-Amherst
Students who complete University of Massachusetts-Amherst’s Economics program earn the following amounts (per the U.S. Department of Education’s College Scorecard):
| Years After Graduation | Median Earnings |
|---|---|
| 1 year | $49,510 |
| 2 years | $49,595 |
| 3 years | $63,571 |
| 4 years | $79,490 |
| 5 years | $91,255 |
How does this compare to the school overall? Four years after graduating, Economics graduates from University of Massachusetts-Amherst report median earnings of $79,490, compared with $73,687 for all University of Massachusetts-Amherst graduates — about 8% higher than the school-wide median.
Median Debt at Graduation
The median debt for Economics graduates from University of Massachusetts-Amherst comes in at $26,000.
Student Demographics & Diversity
Take a look at the diversity of Economics graduates at University of Massachusetts-Amherst, by degree type.
Looking at the program as a whole, Economics graduates at University of Massachusetts-Amherst are 30% women (132) and 70% men (310).
Economics Bachelor’s Program at University of Massachusetts-Amherst
Of the 413 bachelor’s economics degrees awarded at University of Massachusetts-Amherst, 29% were women (120) and 71% were men (293).
The following table and chart show the race/ethnicity of Economics bachelor’s degree recipients at University of Massachusetts-Amherst.
| Race / Ethnicity | Number of Graduates |
|---|---|
| White | 242 |
| Hispanic / Latino | 20 |
| Black / African American | 16 |
| Asian | 65 |
| Two or More Races | 22 |
| International (Nonresident) | 38 |
| Unknown | 10 |
Minority students account for 30% of Economics bachelor’s degree recipients at University of Massachusetts-Amherst, below the national average of 34%.*
Economics Master’s Program at University of Massachusetts-Amherst
Among the 19 master’s economics graduates at University of Massachusetts-Amherst, 42% were women (8) and 58% were men (11).
The following table and chart show the race/ethnicity of Economics master’s degree recipients at University of Massachusetts-Amherst.
| Race / Ethnicity | Number of Graduates |
|---|---|
| White | 4 |
| International (Nonresident) | 14 |
| Unknown | 1 |
Economics Doctoral Program at University of Massachusetts-Amherst
Of the 8 doctoral economics graduates at University of Massachusetts-Amherst, 38% were women (3) and 62% were men (5).
The following table and chart show the race/ethnicity of Economics doctoral degree recipients at University of Massachusetts-Amherst.
| Race / Ethnicity | Number of Graduates |
|---|---|
| White | 3 |
| Black / African American | 1 |
| International (Nonresident) | 4 |
Minority students account for 12% of Economics doctoral degree recipients at University of Massachusetts-Amherst, above the national average of 11%.*
*The racial-ethnic minorities figure is the total number of graduates minus White, international (nonresident), and unknown-race graduates.
More Specific Economics Concentrations at University of Massachusetts-Amherst
The Economics program at University of Massachusetts-Amherst breaks down into more specific concentrations:
| Concentration | Graduates |
|---|---|
| General Economics | 307 |
| Applied Economics | 2 |
| Quantitative Economics | 133 |
Best-Paid Careers for Economics Graduates
Graduates of the Economics program at University of Massachusetts-Amherst work across a variety of fields. Below are the best-paid careers for Economics majors, 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.