2025 Best Economics Master's Degree Schools in Michigan
3Colleges in Michigan
152Master's Degrees
If you plan on getting your master's degree in economics, you won't be alone since the degree program is ranked #41 in the country in terms of popularity. So, you have a fair amount of options to choose from when looking for a school.
In 2025, College Factual analyzed 3 schools in order to identify the top ones for its Best Economics Master's Degree Schools in Michigan ranking. When you put them all together, these colleges and universities awarded 152 master's degrees in economics during the 2022-2023 academic year.
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Choosing a Great Economics School for Your Master's Degree
The economics master's degree program you select can have a big impact on your future. This section explores some of the factors we include in our ranking and how much they vary depending on the school you select. Below we explain some of the most important factors to consider before making your choice:
Overall Quality Is a Must
A school that excels in educating for a particular major and degree level must be a great school overall as well. To make it into this list a school must rank well in our overall Best Colleges for a Master's Degree ranking. This ranking considered factors such as graduation rates, overall graduate earnings and other educational resources to identify great colleges and universities.
Average Early-Career Salaries
Average early-career salary of those graduating with their master's degree is one indicator we use in our analysis to find the schools that offer the highest-quality education. After all, your master's degree won't mean much if it doesn't help you find a job that will help you earn a living.
Other Factors We Consider
In addition to the above, you should consider some of the following factors:
Major Focus - How much a school focuses on economics students vs. other majors.
Major Demand - How many other economics students want to attend this school to pursue a master's degree.
Educational Resources - The amount of money and other resources allocated to students while they are pursuing their degree. These resources include such things as number of students per instructor and education expenditures per student.
Student Debt - How much debt economics students go into to obtain their master's degree and how well they are able to pay back that debt.
Accreditation - Whether a school is regionally accredited and/or accredited by a recognized economics related body.
Our full ranking methodology documents in more detail how we consider these factors to identify the best colleges for economics students working on their master's degree.
When choosing the right school for you, it's important to arm yourself with all the facts you can. To that end, we've created a number of major-specific rankings, including this Best Economics Master's Degree Schools in Michigan list to help you make the college decision.
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The bars on the spread charts above show the distribution of the schools on this list +/- one standard deviation from the mean.
The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of the rest of our data about colleges.
Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
by our College Data Analytics Team
The economics master's degree program you select can have a big impact on your future. This section explores some of the factors we include in our ranking and how much they vary depending on the school you select. Below we explain some of the most important factors to consider before making your choice:
