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Economics at University of Maryland - College Park

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Economics at University of Maryland - College Park

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

UMCP is located in College Park, Maryland and has a total student population of 40,709. In the 2020-2021 academic year, 432 students received a bachelor's degree in economics from UMCP.

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

UMCP Economics Degrees Available

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

UMCP Economics Rankings

The following rankings from College Factual show how the economics progam at UMCP compares to programs at other colleges and universities.

Note: Rankings don't always give a complete picture of a school's strengths and weaknesses, so it's a good idea to extend your research and also look at other factors when trying to decide if the school is right for you.

Bachelor’s Degree Overall Quality & Other Notable Rankings

The economics major at UMCP 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
Best Value Economics Doctor’s Degree Schools 59

In 2021, 58 students received their master’s degree in economics from UMCP. This makes it the #21 most popular school for economics master’s degree candidates in the country.

There were 23 students who received their doctoral degrees in economics, making the school the #11 most popular school in the United States for this category of students.

How Much Do Economics Graduates from UMCP Make?

The median salary of economics students who receive their bachelor's degree at UMCP is $49,898. This is great news for graduates of the program, since this figure is 9% higher than the national average of $45,868 for all economics bachelor's degree recipients.

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Economics Student Demographics at UMCP

Take a look at the following statistics related to the make-up of the economics majors at University of Maryland - College Park.

UMCP Economics Bachelor’s Program

31% Women
38% Racial-Ethnic Minorities*
Of the 432 students who graduated with a bachelor’s in economics from UMCP in 2021, 69% were men and 31% were women.

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Prospective students may be interested in knowing that this school graduates 7% 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 University of Maryland - College Park with a bachelor's in economics.

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Race/Ethnicity Number of Students
Asian 69
Black or African American 39
Hispanic or Latino 45
White 211
International Students 51
Other Races/Ethnicities 17

UMCP Economics Master’s Program

34% Women
19% Racial-Ethnic Minorities*
During the 2020-2021 academic year, 58 economics majors earned their master's degree from UMCP. Of these graduates, 66% were men and 34% were women.

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The following table and chart show the race/ethnicity for students who recently graduated from University of Maryland - College Park with a master's in economics.

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Race/Ethnicity Number of Students
Asian 4
Black or African American 1
Hispanic or Latino 5
White 23
International Students 22
Other Races/Ethnicities 3

UMCP also has a doctoral program available in economics. In 2021, 23 students 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 MD, the home state for University of Maryland - College Park.

Occupation Jobs in MD Average Salary in MD
Managers 14,450 $122,050
Market Research Analysts and Marketing Specialists 10,500 $67,900
Economists 700 $116,870
Survey Researchers 590 $90,920
Economics Professors 230 $119,300

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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