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 Virginia Tech stacks up against peers offering economics.
Jump to any of the following sections:
Virginia Tech is a solid choice among schools offering economics. More specifically it was ranked #68 out of 377 schools by College Factual. It is also ranked #5 in Virginia.
| Ranking Type | Rank |
|---|---|
| Best Economics Bachelor’s Degree Schools in Virginia | 5 |
| Best Economics Schools in Virginia | 5 |
| College Major Top Ranked | 5 |
| Best Value Economics Bachelor’s Degree Schools in Virginia | 8 |
| Best Value Economics Schools in Virginia | 8 |
| College Major Best Value | 8 |
| Best Economics Schools in the Southeast Region | 12 |
| College Major Top Ranked | 12 |
| Best Economics Bachelor’s Degree Schools in the Southeast Region | 13 |
| Best Value Economics Bachelor’s Degree Schools in the Southeast Region | 46 |
| Best Value Economics Schools in the Southeast Region | 48 |
| College Major Best Value | 48 |
During the most recent reporting year, Virginia Polytechnic Institute and State University awarded 109 bachelor’s degrees in economics.
Economics majors who earn their bachelor’s degree from Virginia Tech go on to jobs where they make a median salary of $75,051 a year. This is below $77,896, the median for all majors at Virginia Tech.
While getting their bachelor’s degree at Virginia Tech, economics graduates take on a median debt of $22,500 in student loans. This is below $23,442, the typical median for all majors at Virginia Tech.
Average full-time tuition and fees are listed in the table below.
| In State | Out of State | |
|---|---|---|
| Tuition | $11,420 | $34,362 |
| Fees | $2,796 | $3,402 |
Find out more about Virginia Tech tuition and fees.
Among recent graduates, 69% of economics bachelor’s degrees went to men and 31% went to women.
The majority of economics bachelor’s degree graduates at Virginia Tech were White. Approximately 57% of graduates fell into this category.
The following table and chart show the ethnic background for students who recently graduated from Virginia Polytechnic Institute and State University with a bachelor’s in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 16 |
| Black or African American | 8 |
| Hispanic or Latino | 10 |
| White | 62 |
| Non-Resident Aliens | 5 |
| Other Races | 8 |
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 Virginia Tech were Non-Resident Alien. About 100% of graduates fell into this category.
The following table and chart show the ethnic background for students who recently graduated from Virginia Polytechnic Institute and State 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 |
For the most recent academic year available, 56% of economics doctoral degrees went to men and 44% went to women.
The majority of economics doctoral degree graduates at Virginia Tech are Non-Resident Alien. Approximately 67% of graduates fell into this category.
The following table and chart show the ethnic background for students who recently graduated from Virginia Polytechnic Institute and State University with a doctoral in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 0 |
| Black or African American | 0 |
| Hispanic or Latino | 0 |
| White | 3 |
| Non-Resident Aliens | 6 |
| Other Races | 0 |
Here are the demographics of the economics majors at Virginia Polytechnic Institute and State University.
The economics program at Virginia Tech includes the following concentrations:
| Concentration | Annual Graduates |
|---|---|
| Applied Economics | 19 |
| Econometrics and Quantitative Economics | 14 |
| Development Economics and International Development | 4 |
Virginia Tech granted 19 degrees in applied economics in the most recent reporting year — 47% to women and 53% to men. Most of these graduates identified as White (63%).
Virginia Tech granted 14 completions in econometrics and quantitative economics in the most recent reporting year — 36% to women and 64% to men. The largest share of these graduates were Non-Resident Alien (79%).
Virginia Tech awarded 4 completions in development economics and international development in the most recent reporting year — 50% to women and 50% to men. The most common background among these graduates was White (75%).