by our College Data Analytics TeamBelow are the key facts about the program, including its ranking, popularity, student demographics, and graduate outcomes. Also, learn how University of Minnesota-Twin Cities compares to other colleges that offer economics.
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University of Minnesota-Twin Cities is in the top 10% of the country for economics. Specifically, it ranked #62 out of 377 schools by College Factual. It is also ranked #1 in Minnesota.
| Ranking Type | Rank |
|---|---|
| Best Economics Bachelor’s Degree Schools in Minnesota | 1 |
| Best Economics Master’s Degree Schools in Minnesota | 1 |
| Best Economics Schools in Minnesota | 1 |
| Best Value Economics Bachelor’s Degree Schools in Minnesota | 1 |
| Best Value Economics Master’s Degree Schools in Minnesota | 1 |
| Best Value Economics Schools in Minnesota | 1 |
| College Major Best Value | 1 |
| College Major Top Ranked | 1 |
| Best Economics Bachelor’s Degree Schools in the Plains States Region | 2 |
| Best Economics Master’s Degree Schools in the Plains States Region | 2 |
| Best Economics Schools in the Plains States Region | 2 |
| College Major Top Ranked | 2 |
In the most recent year for which we have data, University of Minnesota-Twin Cities handed out 207 bachelor’s degrees in economics.
Economics graduates with a bachelor’s degree from University of Minnesota-Twin Cities go on to jobs where they make a median salary of $76,116 a year. This is higher than $71,500, the median for all majors at University of Minnesota-Twin Cities.
Earning a bachelor’s degree at University of Minnesota-Twin Cities, economics students borrow a median amount of $21,500 in student loans. This is below $21,568, the typical median for all majors at University of Minnesota-Twin Cities.
The full-time undergraduate tuition and fees are shown below.
| In State | Out of State | |
|---|---|---|
| Tuition | $13,532 | $36,296 |
| Fees | $2,066 | $2,066 |
Read more about University of Minnesota-Twin Cities tuition and fees.
In the most recent graduating class, 75% of economics bachelor’s degrees went to men and 25% went to women.
The largest share of economics bachelor’s degree graduates at University of Minnesota-Twin Cities were White. About 47% of graduates fell into this category.
The following table and chart show the ethnic background for students who recently graduated from University of Minnesota-Twin Cities with a bachelor’s in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 22 |
| Black or African American | 11 |
| Hispanic or Latino | 6 |
| White | 97 |
| Non-Resident Aliens | 61 |
| Other Races | 10 |
Among recent graduates, 67% of economics master’s degrees went to men and 33% went to women.
The largest share of economics master’s degree graduates at University of Minnesota-Twin Cities were Non-Resident Alien. Roughly 63% of graduates fell into this category.
The following table and chart show the ethnic background for students who recently graduated from University of Minnesota-Twin Cities with a master’s in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 1 |
| Black or African American | 0 |
| Hispanic or Latino | 0 |
| White | 6 |
| Non-Resident Aliens | 17 |
| Other Races | 3 |
Among recent graduates, 88% of economics doctoral degrees went to men and 12% went to women.
The largest share of economics doctoral degree graduates at University of Minnesota-Twin Cities were Non-Resident Alien. Approximately 61% of graduates fell into this category.
The following table and chart show the ethnic background for students who recently graduated from University of Minnesota-Twin Cities with a doctoral in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 0 |
| Black or African American | 0 |
| Hispanic or Latino | 1 |
| White | 10 |
| Non-Resident Aliens | 20 |
| Other Races | 2 |
Take a look at the following statistics related to the make-up of the economics majors at University of Minnesota-Twin Cities.
The economics program at University of Minnesota-Twin Cities includes the following concentrations:
| Concentration | Annual Graduates |
|---|---|
| Econometrics and Quantitative Economics | 135 |
| Applied Economics | 22 |
University of Minnesota-Twin Cities awarded 135 completions in econometrics and quantitative economics recently — 21% to women and 79% to men. The most common background among these graduates was Non-Resident Alien (50%).
University of Minnesota-Twin Cities conferred 22 degrees in applied economics in the most recent reporting year — 45% to women and 55% to men. The largest share of these graduates were White (64%).