by our College Data Analytics TeamHere, you'll find out more about the major, including such details as the number of graduates, what degree levels are offered, ethnicity of students, average salaries, and more. We've also included details on how SMU ranks compared to other colleges offering a major in economics.
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SMU was ranked #52 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 #3 in Texas.
| Ranking Type | Rank |
|---|---|
| Best Economics Master’s Degree Schools | 31 |
| Best Economics Graduate Degree Schools | 36 |
| Best Economics Schools | 52 |
| Best Economics Bachelor’s Degree Schools | 52 |
During the 2021-2022 academic year, Southern Methodist University handed out 160 bachelor's degrees in economics. This is a decrease of 18% over the previous year when 195 degrees were handed out.
In 2022, 24 students received their master’s degree in economics from SMU. This makes it the #52 most popular school for economics master’s degree candidates in the country.
In addition, 3 students received their doctoral degrees in economics in 2022, making the school the #97 most popular school in the United States for this category of students.
The median salary of economics students who receive their bachelor's degree at SMU is $71,630. This is higher than $51,722, which is the national median for all economics bachelor's degree recipients.
While getting their bachelor's degree at SMU, economics students borrow a median amount of $81,577 in student loans. This is higher than the the typical median of $39,273 for all economics majors across the country.
The typical student loan payment of a bachelor's degree student from the economics program at SMU is $632 per month.
During the 2022-2023 academic year, part-time undergraduate students at SMU paid an average of $2,389 per credit hour. No discount was available for in-state students. Information about average full-time undergraduate tuition and fees is shown in the table below.
| In State | Out of State | |
|---|---|---|
| Tuition | $57,212 | $57,212 |
| Fees | $7,248 | $7,248 |
| Books and Supplies | $800 | $800 |
| On Campus Room and Board | $18,230 | $18,230 |
| On Campus Other Expenses | $2,600 | $2,600 |
Learn more about SMU tuition and fees.
Of the 160 economics students who graduated with a bachelor's degree in 2021-2022 from SMU, about 70% were men and 30% were women.
The majority of the students with this major are white. About 61% of 2022 graduates were in this category.
The following table and chart show the ethnic background for students who recently graduated from Southern Methodist University with a bachelor's in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 17 |
| Black or African American | 2 |
| Hispanic or Latino | 20 |
| White | 98 |
| Non-Resident Aliens | 18 |
| Other Races | 5 |
SMU does not offer an online option for its economics bachelor’s degree program at this time. To see if the school offers distance learning options in other areas, visit the SMU Online Learning page.
During the 2021-2022 academic year, 15 economics majors earned their master's degree from SMU. Of these graduates, 67% were men and 33% were women.
The following table and chart show the ethnic background for students who recently graduated from Southern Methodist University with a master's in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 1 |
| Black or African American | 2 |
| Hispanic or Latino | 1 |
| White | 5 |
| Non-Resident Aliens | 6 |
| Other Races | 0 |
Take a look at the following statistics related to the make-up of the economics majors at Southern Methodist University.
| Related Major | Annual Graduates |
|---|---|
| Political Science & Government | 49 |
| Sociology | 17 |
| Anthropology | 13 |
More about our data sources and methodologies.