by our College Data Analytics TeamWe’ve pulled together some essential information you should know about the program, including how many students graduate each year, the diversity of these students, average starting salaries, and more. See how Carnegie Mellon; CMU stacks up against peers offering economics.
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Carnegie Mellon; CMU is in the top 10% of the country for economics. Specifically, it ranked #50 out of 466 schools by College Factual. It is also ranked #6 in Pennsylvania.
During the most recent reporting year, Carnegie Mellon University conferred 48 bachelor’s degrees in economics.
Economics graduates with a bachelor’s degree from Carnegie Mellon; CMU report a median salary of $94,093 a year. This is lower than $134,648, the median for all majors at Carnegie Mellon; CMU.
Earning a bachelor’s degree at Carnegie Mellon; CMU, economics students borrow a median amount of $22,020 in student loans. This is lower than $23,529, the typical median for all majors at Carnegie Mellon; CMU.
Information about average full-time undergraduate tuition and fees is shown in the table below.
| In State | Out of State | |
|---|---|---|
| Tuition | $57,560 | $64,596 |
| Fees | $1,040 | $1,040 |
Find out more about Carnegie Mellon; CMU tuition and fees.
In the most recent graduating class, 54% of economics bachelor’s degrees went to men and 46% went to women.
The majority of economics bachelor’s degree graduates at Carnegie Mellon; CMU are Asian. Roughly 40% of graduates fell into this category.
The following table and chart show the ethnic background for students who recently graduated from Carnegie Mellon University with a bachelor’s in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 19 |
| Black or African American | 0 |
| Hispanic or Latino | 3 |
| White | 9 |
| Non-Resident Aliens | 13 |
| Other Races | 4 |
In the most recent graduating class, 80% of economics master’s degrees went to men and 20% went to women.
The largest share of economics master’s degree graduates at Carnegie Mellon; CMU are Non-Resident Alien. Approximately 100% of graduates fell into this category.
The following table and chart show the ethnic background for students who recently graduated from Carnegie Mellon University with a master’s in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 0 |
| Black or African American | 0 |
| Hispanic or Latino | 0 |
| White | 0 |
| Non-Resident Aliens | 5 |
| Other Races | 0 |
Review the following statistics on the composition of the economics majors at Carnegie Mellon University.
The economics program at Carnegie Mellon; CMU offers the following related majors:
| Concentration | Annual Graduates |
|---|---|
| Econometrics and Quantitative Economics | 51 |
| Applied Economics | 2 |
Carnegie Mellon; CMU conferred 51 completions in econometrics and quantitative economics in the most recent reporting year — 41% to women and 59% to men. The largest share of these graduates were Asian (35%).
Carnegie Mellon; CMU granted 2 degrees in applied economics in the most recent reporting year — 100% to women and 0% to men. Most of these graduates identified as Asian (50%).