Economics Schools in Michigan
231 Economics students earned their degrees in the state in 2020-2021.
In this state, Economics is the 34th most popular major out of a total 242 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 |
---|---|
Master’s Degree | 186 |
Doctor’s Degree (Research / Scholarship) | 42 |
Doctor’s Degree (Professional Practice) | 42 |
Doctor’s Degree (Other) | 42 |
Post-Master’s Certificate | 3 |
Postbaccalaureate Certificate | 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: 3.0%
- Black or African American: 5.6%
- Hispanic or Latino: 1.3%
- White: 27.3%
- Non-Resident Alien: 59.3%
- Other Races: 3.5%
Jobs for Economics Grads in Michigan
In this state, there are 26,140 people employed in jobs related to an economics degree, compared to 1,144,130 nationwide.
Wages for Economics Jobs in Michigan
In this state, economics grads earn an average of $90,040. Nationwide, they make an average of $115,590.
Most Popular Economics Programs in MI
There are 9 colleges in Michigan that offer economics degrees. Learn about the most popular 9 below:
Of all the teachers who work at the school, 83% are considered full time. The average student takes 4.16 years to complete their degree at U-M. Roughly six years after entering college, graduates of this school earn $62,027 a year.
Students enjoy a student to faculty ratio of 16 to 1. Roughly six years after entering college, graduates of this school earn $50,137 a year. The student loan default rate of 2.60% is a good sign that graduates can afford their loan payments.
In their early career, Detroit Mercy grads earn an average salary of $56,293. 100% of the teachers are full time. Most students complete their degree in 4.28 years.
The average student takes 4.45 years to complete their degree at Andrews. Students who attend this private institution pay an average net price of $23,408. 100% of the teachers are full time.
Of all the teachers who work at the school, 60% are considered full time. The student loan default rate is 5.10% which is lower than average. 15 to 1 is the student to faculty ratio.
Of all the teachers who work at the school, 69% are considered full time. Seeking financial aid? At this school, 82% of students receive it. A typical student attending WMU will pay a net price of $20,371.
The student to faculty ratio is 18 to 1. In their early career, Central Michigan grads earn an average salary of $42,092. Most students complete their degree in 4.65 years.
Of all the teachers who work at the school, 99% are considered full time. 95% of students get financical aid. In their early career, Eastern Michigan grads earn an average salary of $39,128.
It takes the average student 4.66 years to graduate. The student loan default rate is 1.90% which is lower than average. The student to faculty ratio is 13 to 1.
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 |
Survey Researchers | 8% | $55,840 |
Managers | 7% | $95,390 |
Related Majors in Michigan
Below are some popular majors in the state that are similar to economics.
Major | Annual Graduates in MI |
---|---|
Political Science & Government | 53 |
Anthropology | 43 |
Geography & Cartography | 42 |
Sociology | 35 |
Criminology | 16 |
Other Social Sciences | 10 |
General Social Sciences | 6 |
Archeology | 3 |
View all majors related to Economics
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References
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By pixabay under License
More about our data sources and methodologies.
Featured Schools
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