Below are the key facts about the program, including how many students graduate each year, the diversity of these students, average starting salaries, and more. See how JMU compares to other colleges that offer economics.
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JMU is a solid choice among schools offering economics. More specifically it was ranked #49 out of 466 schools by College Factual. It is also ranked #4 in Virginia.
During the most recent reporting year, James Madison University handed out 80 bachelor’s degrees in economics.
Economics graduates with a bachelor’s degree from JMU report a median salary of $86,390 a year. This is higher than $63,974, the median for all majors at JMU.
To complete a bachelor’s at JMU, economics students accumulate a median of $18,575 in student loans. This is below $21,218, the typical median for all majors at JMU.
Information about average full-time undergraduate tuition and fees is shown in the table below.
| In State | Out of State | |
|---|---|---|
| Tuition | $7,460 | $25,496 |
| Fees | $5,816 | $5,816 |
Learn more about JMU tuition and fees.
Among recent graduates, 76% of economics bachelor’s degrees went to men and 24% went to women.
The largest share of economics bachelor’s degree graduates at JMU were White. Approximately 64% of graduates fell into this category.
The following table and chart show the ethnic background for students who recently graduated from James Madison University with a bachelor’s in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 3 |
| Black or African American | 4 |
| Hispanic or Latino | 6 |
| White | 51 |
| Non-Resident Aliens | 11 |
| Other Races | 5 |
Take a look at the following statistics related to the make-up of the economics majors at James Madison University.