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Economics in Massachusetts

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Economics Schools in Massachusetts

In 2020-2021, 701 students earned their Economics degrees in MA.

In this state, Economics is the 20th most popular major out of a total 245 majors commonly available.

Education Levels of Economics Majors in Massachusetts

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

Education Level Number of Grads
Master’s Degree 584
Doctor’s Degree (Research / Scholarship) 116
Doctor’s Degree (Professional Practice) 116
Doctor’s Degree (Other) 116
Post-Master’s Certificate 1
Postbaccalaureate Certificate 1

Gender Distribution

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

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Racial Distribution

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

  • Asian: 7.3%
  • Black or African American: 2.3%
  • Hispanic or Latino: 3.7%
  • White: 15.3%
  • Non-Resident Alien: 68.3%
  • Other Races: 3.1%
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Jobs for Economics Grads in Massachusetts

31,480 people in the state and 1,144,130 in the nation are employed in jobs related to economics.

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Wages for Economics Jobs in Massachusetts

In this state, economics grads earn an average of $117,680. Nationwide, they make an average of $115,590.

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There are 10 colleges in Massachusetts that offer economics degrees. Learn about the most popular 10 below:

171 Degrees in Major Awarded
88% Graduation Rate
32,718 Total Students

10 to 1 is the student to faculty ratio. The student loan default rate of 1.40% is a good sign that graduates can afford their loan payments. In their early career, Boston U grads earn an average salary of $58,876.

165 Degrees in Major Awarded
88% Graduation Rate
5,440 Total Students

This private institution charges an average net price of $33,663. 10 to 1 is the student to faculty ratio. This school boasts a lower than average student loan default rate of 1.20%.

#3

Harvard University

Cambridge
113 Degrees in Major Awarded
98% Graduation Rate
30,391 Total Students

Most students complete their degree in 4.15 years. This private school has an average net price of $13,872. Roughly six years after entering college, graduates of this school earn $77,816 a year.

#4

Boston College

Chestnut Hill
73 Degrees in Major Awarded
92% Graduation Rate
14,934 Total Students

66% of the teachers are full time. The average student takes 4.05 years to complete their degree at Boston College. An average student at Boston College will pay a net price of $36,599.

62 Degrees in Major Awarded
88% Graduation Rate
22,905 Total Students

Students enjoy a student to faculty ratio of 14 to 1. This school boasts a lower than average student loan default rate of 1.50%. Graduates earn an average $65,632 after graduation.

44 Degrees in Major Awarded
94% Graduation Rate
11,254 Total Students

Students enjoy a student to faculty ratio of 3 to 1. It takes the average student 4.11 years to graduate. An average student at MIT will pay a net price of $16,407.

38 Degrees in Major Awarded
80% Graduation Rate
31,642 Total Students

Students enjoy a student to faculty ratio of 17 to 1. Roughly six years after entering college, graduates of this school earn $52,450 a year. Of all the students who attend this school, 90% get financial aid.

#8

Tufts University

Medford
19 Degrees in Major Awarded
93% Graduation Rate
12,219 Total Students

This school boasts a lower than average student loan default rate of 1.10%. It takes the average student 4.07 years to graduate. Graduates earn an average $54,590 after graduation.

#9

Clark University

Worcester
8 Degrees in Major Awarded
77% Graduation Rate
3,405 Total Students

In their early career, Clark grads earn an average salary of $40,331. The student to faculty ratio is 9 to 1. The average student takes 4.09 years to complete their degree at Clark.

7 Degrees in Major Awarded
48% Graduation Rate
16,259 Total Students

Graduates earn an average $50,432 after graduation. Students enjoy a student to faculty ratio of 17 to 1. The full-time teacher rate is 63%.

Economics Careers in MA

Some of the careers economics majors go into include:

Job Title MA Job Growth MA Median Salary
Market Research Analysts and Marketing Specialists 20% $67,920
Economics Professors 14% $110,630
Managers 7% $120,100
Survey Researchers 3% $59,760

Below are some popular majors in the state that are similar to economics.

Major Annual Graduates in MA
International Relations & Security 575
Political Science & Government 168
Geography & Cartography 84
Sociology 66
Criminology 66
Anthropology 59
Urban Studies 32
Other Social Sciences 23

View all majors related to Economics

View Nationwide Economics Report

References

More about our data sources and methodologies.

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