2025 Best Economics Schools in Minnesota
13
Colleges in Minnesota
741
Economics Degrees Awarded
$55,327
Avg Early-Career Salary
Ranked #19 in popularity,
economics is one of the most sought-after degree programs in the nation. This means there are lots of options to choose from when you decide to get your degree.
For its 2025 ranking, College Factual looked at 13 schools in Minnesota to determine which ones were the best for economics students pursuing a degree. When you put them all together, these colleges and universities awarded 741 degrees in economics annually.
What's on this page: * Degree-Level Rankings
Choosing a Great Economics School
The economics program you select can have a big impact on your future. That's why we developed our collection of Best Schools for Economics rankings. We derive our Best Overall Economics School rankings by rolling up our degree-level rankings after weighting them by the number of degrees awarded at each school.
In order to find the schools that are the best fit for you, you may want to filter to one of the degree levels below.
Pick Your Economics Degree Level
When choosing the right school for you, it's important to arm yourself with all the facts you can. To that end, we've created a number of major-specific rankings, including this Best Economics Schools in Minnesota list to help you make the college decision.
If you'd like to restrict your choices to just one part of the country, you can filter this list by location.
In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat.
Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.
If you want to learn more about how we derive our rankings, see College Factual's Methodology.
Best Schools for Economics in Minnesota
The schools below may not offer all types of economics degrees so you may want to filter by degree level first. However, they are great for the degree levels they do offer.
10 Top Minnesota Schools in Economics
It is difficult to beat University of Minnesota - Twin Cities if you want to pursue a degree in economics. UMN Twin Cities is a very large public university located in the large city of Minneapolis. A Best Colleges rank of #45 out of 2,152 colleges nationwide means UMN Twin Cities is a great university overall.
There were about 316 economics students who graduated with this degree at UMN Twin Cities in the most recent year we have data available. After graduation, economics degree recipients usually earn an average of $56,902 in their early careers.
More information about a degree in economics from University of Minnesota - Twin Cities
It's hard to beat St Olaf College if you wish to pursue a degree in economics. Located in the town of Northfield, St. Olaf is a private not-for-profit college with a small student population. A Best Colleges rank of #301 out of 2,152 colleges nationwide means St. Olaf is a great college overall.
There were roughly 80 economics students who graduated with this degree at St. Olaf in the most recent data year. Students who receive their degree from the economics program earn an average of $56,238 for their early career.
More information about a degree in economics from St Olaf College
Masters
Degree Type
MS in Applied Economics
Program Name
If you're the kind of person who enjoys working with numbers and solving tough problems, a graduate degree in economics may be for you.
More information about a degree in MS in Applied Economics from Southern New Hampshire University
Carleton College is a great option for students interested in a degree in economics. Located in the distant town of Northfield, Carleton is a private not-for-profit college with a small student population. A Best Colleges rank of #245 out of 2,152 schools nationwide means Carleton is a great college overall.
There were approximately 34 economics students who graduated with this degree at Carleton in the most recent data year. Economics degree recipients from Carleton College get an earnings boost of about $11,240 above the typical income of economics majors.
More information about a degree in economics from Carleton College
Macalester College is one of the best schools in the country for getting a degree in economics. Located in the large city of Saint Paul, Macalester is a private not-for-profit college with a small student population. A Best Colleges rank of #336 out of 2,152 schools nationwide means Macalester is a great college overall.
There were approximately 49 economics students who graduated with this degree at Macalester in the most recent data year. Economics degree recipients from Macalester College get an earnings boost of about $4,425 over the typical earnings of economics majors.
More information about a degree in economics from Macalester College
UST MN is a moderately-sized private not-for-profit university located in the city of Saint Paul. A Best Colleges rank of #106 out of 2,152 schools nationwide means UST MN is a great university overall.
There were about 62 economics students who graduated with this degree at UST MN in the most recent data year. Degree recipients from the economics major at University of St Thomas Minnesota earn $4,996 more than the standard graduate in this field shortly after graduation.
More information about a degree in economics from University of St Thomas Minnesota
St. Kate's is a small private not-for-profit university located in the large city of Saint Paul. A Best Colleges rank of #362 out of 2,152 schools nationwide means St. Kate's is a great university overall.
There were roughly 11 economics students who graduated with this degree at St. Kate's in the most recent year we have data available. Economics degree recipients from St Catherine University receive an earnings boost of about $9,589 above the typical income of economics graduates.
More information about a degree in economics from St Catherine University
Located in the city of Duluth, UMN Duluth is a public university with a moderately-sized student population. This university ranks 17th out of 52 colleges for overall quality in the state of Minnesota.
There were about 37 economics students who graduated with this degree at UMN Duluth in the most recent data year. Students who receive their degree from the economics program earn around $50,873 in the first couple years of working.
More information about a degree in economics from University of Minnesota - Duluth
Gustavus Adolphus is a small private not-for-profit college located in the fringe town of Saint Peter. This college ranks 37th out of 52 schools for overall quality in the state of Minnesota.
There were roughly 17 economics students who graduated with this degree at Gustavus Adolphus in the most recent year we have data available. Graduates who receive their degree from the economics program earn about $52,439 in their early career salary.
More information about a degree in economics from Gustavus Adolphus College
SJU is a small private not-for-profit university located in the rural area of Collegeville. This university ranks 19th out of 52 colleges for overall quality in the state of Minnesota.
There were approximately 34 economics students who graduated with this degree at SJU in the most recent data year. Students who graduate with their degree from the economics program report average early career wages of $54,752.
More information about a degree in economics from Saint Johns University
Minnesota State Mankato is a fairly large public university located in the city of Mankato. This university ranks 11th out of 52 schools for overall quality in the state of Minnesota.
There were about 14 economics students who graduated with this degree at Minnesota State Mankato in the most recent data year.
More information about a degree in economics from Minnesota State University - Mankato
