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Economics at University of Massachusetts Amherst

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Economics at University of Massachusetts Amherst

If you are interested in studying economics, you may want to check out the program at University of Massachusetts Amherst. The following information will help you decide if it is a good fit for you.

UMass Amherst is located in Amherst, Massachusetts and has a total student population of 31,642. In 2021, 404 economics majors received their bachelor's degree from UMass Amherst.

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

UMass Amherst Economics Degrees Available

  • Basic Certificate in Economics (Less Than 1 Year)
  • Bachelor’s Degree in Economics
  • Master’s Degree in Economics
  • Doctorate Degree in Economics

Online Classes Are Available at UMass Amherst

Online courses are a good option for students who need a more flexible schedule that allows them to pursue an education when and where they want. Whether you're going to school part-time or full-time, you may find distance education the right choice for you.

UMass Amherst does offer online education options in economics for the following degree levels for those interested in distance learning:

UMass Amherst Economics Rankings

Each year, College Factual ranks economics programs across the country. The following shows how UMass Amherst 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 UMass Amherst 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
11
Most Focused Economics Graduate Certificate Schools 27

In 2021, 22 students received their master’s degree in economics from UMass Amherst. This makes it the #57 most popular school for economics master’s degree candidates in the country.

There were 15 students who received their doctoral degrees in economics, making the school the #29 most popular school in the United States for this category of students.

Earnings of UMass Amherst Economics Graduates

The median salary of economics students who receive their bachelor's degree at UMass Amherst is $49,510. 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 UMass Amherst

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

UMass Amherst Economics Bachelor’s Program

28% Women
26% Racial-Ethnic Minorities*
For the most recent academic year available, 72% of economics bachelor's degrees went to men and 28% went to women.

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About 54% of those who receive a bachelor's degree in economics at UMass Amherst 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 Massachusetts Amherst with a bachelor's in economics.

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Race/Ethnicity Number of Students
Asian 52
Black or African American 19
Hispanic or Latino 23
White 217
International Students 66
Other Races/Ethnicities 27

UMass Amherst Economics Master’s Program

36% Women
14% Racial-Ethnic Minorities*
Of the 22 economics students who graduated with a master's degree in 2020-2021 from UMass Amherst, about 64% were men and 36% were women.

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

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Race/Ethnicity Number of Students
Asian 2
Black or African American 0
Hispanic or Latino 1
White 7
International Students 11
Other Races/Ethnicities 1

UMass Amherst also has a doctoral program available in economics. In 2021, 15 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 MA, the home state for University of Massachusetts Amherst.

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.

More about our data sources and methodologies.

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