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Economics at University of Mary Washington

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Economics at University of Mary Washington

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

UMW is located in Fredericksburg, Virginia and approximately 4,293 students attend the school each year. In the 2020-2021 academic year, 24 students received a bachelor's degree in economics from UMW.

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

UMW Economics Degrees Available

  • Bachelor’s Degree in Economics

UMW Economics Rankings

Each year, College Factual ranks economics programs across the country. The following shows how UMW performed in these rankings.

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 UMW 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
201
Best Value Economics Bachelor’s Degree Schools 209
Most Focused Economics Bachelor’s Degree Schools 227
Best Economics Bachelor’s Degree Schools 233
Best Economics Schools 234
Most Focused Economics Schools 269
Most Popular Economics Bachelor’s Degree Schools 279

Earnings of UMW Economics Graduates

The median salary of economics students who receive their bachelor's degree at UMW is $49,719. This is great news for graduates of the program, since this figure is 8% higher than the national average of $45,868 for all economics bachelor's degree recipients.

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Economics Student Demographics at UMW

Take a look at the following statistics related to the make-up of the economics majors at University of Mary Washington.

UMW Economics Bachelor’s Program

33% Women
25% Racial-Ethnic Minorities*
Of the 24 students who earned a bachelor's degree in Economics from UMW in 2020-2021, 67% were men and 33% were women.

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About 67% of those who receive a bachelor's degree in economics at UMW are white. This is above average for this degree on the nationwide level.

The following table and chart show the race/ethnicity for students who recently graduated from University of Mary Washington with a bachelor's in economics.

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Race/Ethnicity Number of Students
Asian 2
Black or African American 0
Hispanic or Latino 3
White 16
International Students 2
Other Races/Ethnicities 1

UMW also has a doctoral program available in economics. In 2021, 0 student graduated with a doctor's degree in this field.

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 VA, the home state for University of Mary Washington.

Occupation Jobs in VA Average Salary in VA
Market Research Analysts and Marketing Specialists 20,130 $75,050
Managers 17,280 $134,500
Economists 1,230 $126,080
Economics Professors 440 $101,290
Survey Researchers 330 $59,410

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.

More about our data sources and methodologies.

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