by our College Data Analytics TeamHere is an overview of the program, including rankings, popularity, diversity, and earnings. See how UMass Amherst ranks among other schools offering degrees in economics.
Jump to any of the following sections:
UMass Amherst is in the top 10% of the country for economics. More specifically it was ranked #106 out of 377 schools by College Factual. It is also ranked #11 in Massachusetts.
During the most recent reporting year, University of Massachusetts-Amherst awarded 413 bachelor’s degrees in economics.
Economics graduates with a bachelor’s degree from UMass Amherst report a median salary of $79,490 a year. This is higher than $73,687, the median for all majors at UMass Amherst.
Earning a bachelor’s degree at UMass Amherst, economics students accumulate a median of $26,000 in student loans. This is higher than $25,177, the typical median for all majors at UMass Amherst.
Average full-time tuition and fees are listed in the table below.
| In State | Out of State | |
|---|---|---|
| Tuition | $15,791 | $39,683 |
| Fees | $766 | $766 |
Find out more about UMass Amherst tuition and fees.
Among recent graduates, 71% of economics bachelor’s degrees went to men and 29% went to women.
The majority of economics bachelor’s degree graduates at UMass Amherst are White. About 59% of graduates fell into this category.
The following table and chart show the ethnic background for students who recently graduated from University of Massachusetts-Amherst with a bachelor’s in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 65 |
| Black or African American | 16 |
| Hispanic or Latino | 20 |
| White | 242 |
| Non-Resident Aliens | 38 |
| Other Races | 32 |
In the most recent graduating class, 58% of economics master’s degrees went to men and 42% went to women.
The majority of economics master’s degree graduates at UMass Amherst are Non-Resident Alien. Approximately 74% of graduates fell into this category.
The following table and chart show the ethnic background for students who recently graduated from University of Massachusetts-Amherst with a master’s in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 0 |
| Black or African American | 0 |
| Hispanic or Latino | 0 |
| White | 4 |
| Non-Resident Aliens | 14 |
| Other Races | 1 |
In the most recent graduating class, 62% of economics doctoral degrees went to men and 38% went to women.
The largest share of economics doctoral degree graduates at UMass Amherst are Non-Resident Alien. Roughly 50% of graduates fell into this category.
The following table and chart show the ethnic background for students who recently graduated from University of Massachusetts-Amherst with a doctoral in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 0 |
| Black or African American | 1 |
| Hispanic or Latino | 0 |
| White | 3 |
| Non-Resident Aliens | 4 |
| Other Races | 0 |
Take a look at the following statistics related to the make-up of the economics majors at University of Massachusetts-Amherst.
The economics program at UMass Amherst offers the following related majors:
| Concentration | Annual Graduates |
|---|---|
| Econometrics and Quantitative Economics | 133 |
| Applied Economics | 2 |
UMass Amherst conferred 133 degrees in econometrics and quantitative economics in the most recent reporting year — 32% to women and 68% to men. The most common background among these graduates was White (61%).
UMass Amherst granted 2 completions in applied economics in the latest year of data — 50% to women and 50% to men. Most of these graduates identified as Hispanic or Latino (50%).