Economics at Carnegie Mellon University
Carnegie Mellon is located in Pittsburgh, Pennsylvania and approximately 13,519 students attend the school each year. Of the 1,953 students who graduated with a bachelor’s degree from Carnegie Mellon University in 2021, 63 of them were economics majors.
Want to know more about the career opportunities in this field? Check out the Careers in Economics section at the bottom of this page.
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Carnegie Mellon Economics Degrees Available
- Bachelor’s Degree in Economics
- Master’s Degree in Economics
- Doctorate Degree in Economics
Carnegie Mellon Economics Rankings
The following rankings from College Factual show how the economics progam at Carnegie Mellon compares to programs at other colleges and universities.
Note: While rankings may be a good starting point when you're researching a school, they don't necessarily highlight all of a school's strengths. Don't forget to check out the other details that are available for a school to see if it has what you're looking for in a program.
Bachelor’s Degree Overall Quality & Other Notable Rankings
The economics major at Carnegie Mellon is not ranked on College Factual’s Best Colleges and Universities for Economics. This could be for a number of reasons, such as not having enough data on the major or school to make an accurate assessment of its quality.
| Ranking Type | Rank |
|---|---|
| 14 | |
| Most Focused Economics Doctor’s Degree Schools | 46 |
| Most Popular Economics Schools | 161 |
| Best Value Economics Schools | 179 |
| Most Focused Economics Bachelor’s Degree Schools | 322 |
In 2021, 6 students received their master’s degree in economics from Carnegie Mellon. This makes it the #150 most popular school for economics master’s degree candidates in the country.
There were 7 students who received their doctoral degrees in economics, making the school the #62 most popular school in the United States for this category of students.
Earnings of Carnegie Mellon Economics Graduates
The median salary of economics students who receive their bachelor's degree at Carnegie Mellon is $78,188. This is 70% higher than $45,868, which is the national average for all economics bachelor's degree recipients.
Economics Student Demographics at Carnegie Mellon
Take a look at the following statistics related to the make-up of the economics majors at Carnegie Mellon University.
Carnegie Mellon Economics Bachelor’s Program
Prospective students may be interested in knowing that this school graduates 5% more racial-ethnic minorities in its economics bachelor's program than the national average.*
The following table and chart show the race/ethnicity for students who recently graduated from Carnegie Mellon University with a bachelor's in economics.
| Race/Ethnicity | Number of Students |
|---|---|
| Asian | 14 |
| Black or African American | 2 |
| Hispanic or Latino | 5 |
| White | 19 |
| International Students | 15 |
| Other Races/Ethnicities | 8 |
Carnegie Mellon Economics Master’s Program
Of the students who received a economics master's degree from Carnegie Mellon, 67% were white. This is above average for this degree on the natiowide level.
The following table and chart show the race/ethnicity for students who recently graduated from Carnegie Mellon University with a master's in economics.
| Race/Ethnicity | Number of Students |
|---|---|
| Asian | 0 |
| Black or African American | 0 |
| Hispanic or Latino | 0 |
| White | 4 |
| International Students | 1 |
| Other Races/Ethnicities | 1 |
Carnegie Mellon also has a doctoral program available in economics. In 2021, 7 students graduated with a doctor's degree in this field.
Related Majors
Careers That Economics Grads May Go Into
A degree in economics can lead to the following careers. Since job numbers and average salaries can vary by geographic location, we have only included the numbers for PA, the home state for Carnegie Mellon University.
| Occupation | Jobs in PA | Average Salary in PA |
|---|---|---|
| Market Research Analysts and Marketing Specialists | 26,750 | $68,630 |
| Managers | 11,060 | $126,290 |
| Economics Professors | 710 | $131,060 |
| Economists | 610 | $87,630 |
| Survey Researchers | 510 | $60,810 |
References
*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By Daderot under License
More about our data sources and methodologies.
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