a master's degree in economics is more popular than many other degrees. In fact, it ranks #41 out of 343 on popularity of all such degrees in the nation. As a result, there are many college that offer the degree, making your choice of school a hard one.
College Factual looked at 180 colleges and universities when compiling its 2023 Best Economics Master's Degree Schools ranking. Combined, these schools handed out 4,803 master's degrees in economics to qualified students.
Choosing a Great Economics School for Your Master's Degree
Your choice of economics for getting your master's degree school matters. Important measures of a quality economics program can vary widely even among the top schools. To make it into this list, a school must excel in the following areas.
A Great Overall School
The overall quality of a master's degree school is important to ensure a good education, not just how well they do in a particular major. To take this into account we include a school's overall Best Colleges for a Master's Degree ranking which itself looks at a host of various factors like degree completion, educational resources, student body caliber and post-graduation earnings for the school as a whole.
One measure we use to determine the quality of a school is to look at the average salary of master's graduates during the early years of their career. That is, everyone wants their master's degree to be worth something, and salaries are one measure of determining that.
Other Factors We Consider
The metrics below are just some of the other metrics that we use to determine our rankings.
Major Focus - How many resources a school devotes to economics students as compared to other majors.
Major Demand - The number of economics students who choose to seek a master's degree at the school.
Educational Resources - How many resources are allocated to students. These resources may include educational expenditures per student, number of students per instructor, and graduation rate among other things.
Student Debt - How easy is it for economics to pay back their student loans after receiving their master's degree.
Accreditation - Whether a school is regionally accredited and/or accredited by a recognized economics related body.
Our full ranking methodology documents in more detail how we consider these factors to identify the best colleges for economics students working on their master's degree.
The economics school you choose to invest your time and money in matters. To help you make the decision that is right for you, we've developed a number of major-specific rankings, including this list of the Best Economics Master's Degree Schools.
Featured Economics Programs
Learn about start dates, transferring credits, availability of financial aid, and more by contacting the universities below.
Best Schools for Master’s Students to Study Economics in the United States
Learn about the top ranked colleges and universities for economics students seeking a a master's degree. Only those schools that rank in the top 15% of all the schools we analyze get awarded with a place on this list.
Johns Hopkins University is a good option for individuals interested in a master's degree in economics. Located in the city of Baltimore, Johns Hopkins is a private not-for-profit university with a fairly large student population.
Those economics students who get their master's degree from Johns Hopkins University make $30,083 more than the typical economics student.
The bars on the spread charts above show the distribution of the schools on this list +/- one standard deviation from the mean.
The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of the rest of our data about colleges.
Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).