Economics at Massachusetts Institute of Technology

What traits are you looking for in a economics school? To help you decide if Massachusetts Institute of Technology is right for you, we've gathered the following information about the school's economics program.

MIT is located in Cambridge, Massachusetts and approximately 11,254 students attend the school each year.

Want to know more about the career opportunities in this field? Check out the Careers in Economics section at the bottom of this page.

MIT Economics Degrees Available

• Bachelor’s Degree in Economics
• Master’s Degree in Economics

MIT Economics Rankings

The economics major at MIT 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.

There were 22 students who received their doctoral degrees in economics, making the school the #12 most popular school in the United States for this category of students.

Economics Student Demographics at MIT

Take a look at the following statistics related to the make-up of the economics majors at Massachusetts Institute of Technology.

MIT Economics Bachelor’s Program

For the most recent academic year available, 31% of economics bachelor's degrees went to men and 69% went to women. The typical economics bachelor's degree program is made up of only 36% women. So female students are more repesented at MIT since its program graduates 33% more women than average.

Prospective students may be interested in knowing that this school graduates 22% 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 Massachusetts Institute of Technology with a bachelor's in economics.

Race/Ethnicity	Number of Students
Asian	6
Black or African American	0
Hispanic or Latino	0
White	6
International Students	0
Other Races/Ethnicities	1

MIT Economics Master’s Program

For the most recent academic year available, 75% of economics master's degrees went to men and 25% went to women.

The following table and chart show the race/ethnicity for students who recently graduated from Massachusetts Institute of Technology with a master's in economics.

Race/Ethnicity	Number of Students
Asian	3
Black or African American	0
Hispanic or Latino	0
White	3
International Students	23
Other Races/Ethnicities	3

Concentrations Within Economics

Economics majors may want to concentrate their studies in one of these areas. The table shows all degrees awarded in this field awarded for all degree levels at Massachusetts Institute of Technology. A concentration may not be available for your level.

Concentration	Annual Degrees Awarded
Econometrics & Quantitative Economics	99

Related Majors

• Political Science & Government

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 MA, the home state for Massachusetts Institute of Technology.

Occupation	Jobs in MA	Average Salary in MA
Market Research Analysts and Marketing Specialists	20,070	$74,510
Managers	8,660	$131,450
Economists	1,150	$117,680
Economics Professors	870	$125,120
Survey Researchers	730	$64,950

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 InSapphoWeTrust under License

More about our data sources and methodologies.