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Economics in Massachusetts

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Economics Schools in Massachusetts

3,401 students earned Economics degrees in Massachusetts in the 2020-2021 year.

An Economics major is the 5th most popular major in this state.

Education Levels of Economics Majors in Massachusetts

Economics majors in the state tend to have the following degree levels:

Education Level Number of Grads
Bachelor’s Degree 2,697
Master’s Degree 584
Doctor’s Degree (Other) 116
Doctor’s Degree (Research / Scholarship) 116
Doctor’s Degree (Professional Practice) 116
Award Taking Less 12 Weeks 3
Award Taking 12 Weeks to 1 Year 3
Award Taking Less Than 1 Year 3
Post-Master’s Certificate 1
Postbaccalaureate Certificate 1

Gender Distribution

In Massachusetts, a economics major is more popular with men than with women.

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Racial Distribution

The racial distribution of economics majors in Massachusetts is as follows:

  • Asian: 11.5%
  • Black or African American: 3.8%
  • Hispanic or Latino: 6.5%
  • White: 38.4%
  • Non-Resident Alien: 33.4%
  • Other Races: 6.4%
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Jobs for Economics Grads in Massachusetts

31,480 people in the state and 1,144,130 in the nation are employed in jobs related to economics.

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Wages for Economics Jobs in Massachusetts

In this state, economics grads earn an average of $117,680. Nationwide, they make an average of $115,590.

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There are 10 colleges in Massachusetts that offer economics degrees. Learn about the most popular 10 below:

452 Degrees in Major Awarded
88% Graduation Rate
32,718 Total Students

The full-time teacher rate is 73%. This private school has an average net price of $30,395. The student loan default rate is 1.40% which is lower than average.

#2

Boston College

Chestnut Hill
445 Degrees in Major Awarded
92% Graduation Rate
14,934 Total Students

Roughly six years after entering college, graduates of this school earn $70,858 a year. The student loan default rate of 0.90% is a good sign that graduates can afford their loan payments. Students who attend this private institution pay an average net price of $36,599.

442 Degrees in Major Awarded
80% Graduation Rate
31,642 Total Students

Most students complete their degree in 4.11 years. Grads earn an average early-career salary of $52,450 after earning their degree at this institution. 90% of students are awarded financial aid at this school.

325 Degrees in Major Awarded
88% Graduation Rate
5,440 Total Students

It takes the average student 4.08 years to graduate. The full-time teacher rate is 71%. This private school has an average net price of $33,663.

#5

Harvard University

Cambridge
267 Degrees in Major Awarded
98% Graduation Rate
30,391 Total Students

Grads earn an average early-career salary of $77,816 after earning their degree at this institution. 5 to 1 is the student to faculty ratio. 72% of students get financical aid.

#6

Tufts University

Medford
234 Degrees in Major Awarded
93% Graduation Rate
12,219 Total Students

The 1.10% student loan default rate is lower than average. Of all the teachers who work at the school, 65% are considered full time. This private institution charges an average net price of $37,494.

229 Degrees in Major Awarded
88% Graduation Rate
22,905 Total Students

Students enjoy a student to faculty ratio of 14 to 1. An average student at Northeastern will pay a net price of $29,714. The 1.50% student loan default rate is lower than average.

141 Degrees in Major Awarded
48% Graduation Rate
16,259 Total Students

Students enjoy a student to faculty ratio of 17 to 1. The average student takes 4.62 years to complete their degree at UMass Boston. The 5.50% student loan default rate is lower than average.

140 Degrees in Major Awarded
92% Graduation Rate
2,970 Total Students

10 to 1 is the student to faculty ratio. Graduates earn an average $64,279 after graduation. The 1.20% student loan default rate is lower than average.

#10

Williams College

Williamstown
100 Degrees in Major Awarded
95% Graduation Rate
1,987 Total Students

The full-time teacher rate is 85%. 6 to 1 is the student to faculty ratio. The average student takes 4.08 years to complete their degree at Williams.

Economics Careers in MA

Some of the careers economics majors go into include:

Job Title MA Job Growth MA Median Salary
Market Research Analysts and Marketing Specialists 20% $67,920
Economics Professors 14% $110,630
Managers 7% $120,100
Survey Researchers 3% $59,760

Below are some popular majors in the state that are similar to economics.

Major Annual Graduates in MA
Political Science & Government 1,923
International Relations & Security 1,150
Sociology 1,035
Anthropology 316
Criminology 300
General Social Sciences 259
Geography & Cartography 181
Other Social Sciences 105

View all majors related to Economics

View Nationwide Economics Report

References

More about our data sources and methodologies.

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