by our College Data Analytics TeamWe've pulled together some essential information you should know about the program, including how many students graduate each year, the ethnic diversity of these students, average starting salaries, and more. Also, learn how Virginia Tech ranks among other schools offering degrees in economics.
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The bachelor's program at Virginia Tech was ranked #67 on College Factual's Best Schools for economics list. It is also ranked #2 in Virginia.
| Ranking Type | Rank |
|---|---|
| Best Economics Doctor’s Degree Schools | 33 |
| Best Economics Graduate Degree Schools | 43 |
| Best Economics Schools | 67 |
| Best Economics Bachelor’s Degree Schools | 67 |
During the 2021-2022 academic year, Virginia Tech handed out 79 bachelor's degrees in economics. This is a decrease of 10% over the previous year when 88 degrees were handed out.
In 2022, 4 students received their master’s degree in economics from Virginia Tech. This makes it the #177 most popular school for economics master’s degree candidates in the country.
In addition, 9 students received their doctoral degrees in economics in 2022, making the school the #48 most popular school in the United States for this category of students.
Economics majors who earn their bachelor's degree from Virginia Tech go on to jobs where they make a median salary of $56,261 a year. This is great news for graduates of the program, since this figure is higher than the national average of $51,722 for all economics bachelor's degree recipients.
Out-of-state part-time undergraduates at Virginia Tech paid an average of $1,388 per credit hour in 2022-2023. The average for in-state students was $529 per credit hour. The following table shows the average full-time tuition and fees for undergraduates.
| In State | Out of State | |
|---|---|---|
| Tuition | $12,698 | $33,310 |
| Fees | $2,780 | $3,384 |
| Books and Supplies | $2,620 | $2,620 |
| On Campus Room and Board | $14,888 | $14,888 |
| On Campus Other Expenses | $4,266 | $4,266 |
Learn more about Virginia Tech tuition and fees.
Of the 79 economics students who graduated with a bachelor's degree in 2021-2022 from Virginia Tech, about 70% were men and 30% were women.
The majority of bachelor's degree recipients in this major at Virginia Tech are white. In the most recent graduating class for which data is available, 56% of students fell into this category.
The following table and chart show the ethnic background for students who recently graduated from Virginia Tech with a bachelor's in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 4 |
| Black or African American | 7 |
| Hispanic or Latino | 10 |
| White | 44 |
| Non-Resident Aliens | 6 |
| Other Races | 8 |
Virginia Tech 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 Virginia Tech Online Learning page.
During the 2021-2022 academic year, 5 economics majors earned their master's degree from Virginia Tech. Of these graduates, 60% were men and 40% were women.
The following table and chart show the ethnic background for students who recently graduated from Virginia Tech with a master's in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 1 |
| Black or African American | 0 |
| Hispanic or Latino | 0 |
| White | 1 |
| Non-Resident Aliens | 3 |
| Other Races | 0 |
Take a look at the following statistics related to the make-up of the economics majors at Virginia Tech.
| Related Major | Annual Graduates |
|---|---|
| Sociology | 215 |
| Political Science & Government | 197 |
| International Relations & National Security | 132 |
| Geography & Cartography | 54 |
| Urban Studies | 11 |
More about our data sources and methodologies.