by our College Data Analytics TeamWe've gathered data and other essential information about the program, such as the average salary of graduates, ethnicity of students, how many students graduated in recent times, and more. Also, learn how Michigan State ranks among other schools offering degrees in economics.
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Michigan State was ranked #53 on College Factual's most recent list of the best schools for economics majors. This puts the bachelor's program at the school solidly in the top 15% of all colleges and universities in the country. It is also ranked #2 in Michigan.
During the 2020-2021 academic year, Michigan State University handed out 343 bachelor's degrees in economics. This is an increase of 9% over the previous year when 316 degrees were handed out.
In 2021, 17 students received their master’s degree in economics from Michigan State. This makes it the #74 most popular school for economics master’s degree candidates in the country.
In addition, 19 students received their doctoral degrees in economics in 2021, making the school the #17 most popular school in the United States for this category of students.
Economics majors who earn their bachelor's degree from Michigan State go on to jobs where they make a median salary of $48,199 a year. This is higher than $45,868, which is the national median for all economics bachelor's degree recipients.
While getting their bachelor's degree at Michigan State, economics students borrow a median amount of $24,250 in student loans. This is higher than the the typical median of $22,987 for all economics majors across the country.
The typical student loan payment of a bachelor's degree student from the economics program at Michigan State is $393 per month.
Learn about other programs related to Economics that might interest you.
Take a look at the following statistics related to the make-up of the economics majors at Michigan State University.
The economics program at Michigan State awarded 343 bachelor's degrees in 2020-2021. About 78% of these degrees went to men with the other 22% going to women.
The majority of the students with this major are white. About 50% of 2021 graduates were in this category.
The following table and chart show the ethnic background for students who recently graduated from Michigan State University with a bachelor's in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 23 |
| Black or African American | 11 |
| Hispanic or Latino | 12 |
| White | 172 |
| Non-Resident Aliens | 117 |
| Other Races | 8 |
For the most recent academic year available, 65% of economics master's degrees went to men and 35% went to women.
The majority of master's degree recipients in this major at Michigan State are white. In the most recent graduating class for which data is available, 53% of students fell into this category.
The following table and chart show the ethnic background for students who recently graduated from Michigan State University with a master's in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 1 |
| Black or African American | 0 |
| Hispanic or Latino | 1 |
| White | 9 |
| Non-Resident Aliens | 6 |
| Other Races | 0 |
| Related Major | Annual Graduates |
|---|---|
| Political Science & Government | 152 |
| General Social Sciences | 131 |
| Sociology | 108 |
| International Relations & National Security | 106 |
| Anthropology | 53 |
More about our data sources and methodologies.
