Economics at University of Michigan - Ann Arbor
U-M is located in Ann Arbor, Michigan and approximately 47,907 students attend the school each year. Of the 9,144 students who graduated with a bachelor’s degree from University of Michigan - Ann Arbor in 2021, 618 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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U-M Economics Degrees Available
- Bachelor’s Degree in Economics
- Master’s Degree in Economics
- Doctorate Degree in Economics
U-M Economics Rankings
The following rankings from College Factual show how the economics progam at U-M 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 U-M 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 Economics Master’s Degree Schools | 20 |
| Best Economics Doctor’s Degree Schools | 22 |
In 2021, 93 students received their master’s degree in economics from U-M. This makes it the #10 most popular school for economics master’s degree candidates in the country.
There were 17 students who received their doctoral degrees in economics, making the school the #24 most popular school in the United States for this category of students.
Earnings of U-M Economics Graduates
The median salary of economics students who receive their bachelor's degree at U-M is $62,024. This is great news for graduates of the program, since this figure is 35% higher than the national average of $45,868 for all economics bachelor's degree recipients.
Economics Student Demographics at U-M
Take a look at the following statistics related to the make-up of the economics majors at University of Michigan - Ann Arbor.
U-M Economics Bachelor’s Program
About 54% of those who receive a bachelor's degree in economics at U-M 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 Michigan - Ann Arbor with a bachelor's in economics.
| Race/Ethnicity | Number of Students |
|---|---|
| Asian | 80 |
| Black or African American | 9 |
| Hispanic or Latino | 26 |
| White | 335 |
| International Students | 112 |
| Other Races/Ethnicities | 56 |
U-M Economics Master’s Program
The following table and chart show the race/ethnicity for students who recently graduated from University of Michigan - Ann Arbor with a master's in economics.
| Race/Ethnicity | Number of Students |
|---|---|
| Asian | 5 |
| Black or African American | 0 |
| Hispanic or Latino | 0 |
| White | 11 |
| International Students | 74 |
| Other Races/Ethnicities | 3 |
U-M also has a doctoral program available in economics. In 2021, 17 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 MI, the home state for University of Michigan - Ann Arbor.
| Occupation | Jobs in MI | Average Salary in MI |
|---|---|---|
| Market Research Analysts and Marketing Specialists | 18,980 | $67,500 |
| Managers | 6,370 | $98,780 |
| Economics Professors | 300 | $111,530 |
| Economists | 250 | $90,040 |
| Survey Researchers | 240 | $64,400 |
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 Dwight Burdette under License
More about our data sources and methodologies.
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