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. In addition, we cover how UW - Madison ranks in comparison to other schools with economics programs.
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UW - Madison is in the top 10% of the country for economics. More specifically it was ranked #26 out of 497 schools by College Factual. It is also ranked #1 in Wisconsin.
During the 2020-2021 academic year, University of Wisconsin - Madison handed out 624 bachelor's degrees in economics. This is an increase of 10% over the previous year when 566 degrees were handed out.
In 2021, 209 students received their master’s degree in economics from UW - Madison. This makes it the #2 most popular school for economics master’s degree candidates in the country.
In addition, 31 students received their doctoral degrees in economics in 2021, making the school the #5 most popular school in the United States for this category of students.
Economics majors who earn their bachelor's degree from UW - Madison go on to jobs where they make a median salary of $48,053 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 UW - Madison, economics students borrow a median amount of $20,750 in student loans. This is not too bad considering that the median debt load of all economics bachelor's degree recipients across the country is $22,987.
The typical student loan payment of a bachelor's degree student from the economics program at UW - Madison is $345 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 University of Wisconsin - Madison.
Of the 624 students who earned a bachelor's degree in Economics from UW - Madison in 2020-2021, 67% were men and 33% were women.
The majority of the students with this major are white. About 60% of 2021 graduates were in this category.
The following table and chart show the ethnic background for students who recently graduated from University of Wisconsin - Madison with a bachelor's in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 28 |
| Black or African American | 6 |
| Hispanic or Latino | 35 |
| White | 376 |
| Non-Resident Aliens | 157 |
| Other Races | 22 |
For the most recent academic year available, 52% of economics master's degrees went to men and 48% went to women.
The following table and chart show the ethnic background for students who recently graduated from University of Wisconsin - Madison with a master's in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 4 |
| Black or African American | 0 |
| Hispanic or Latino | 1 |
| White | 15 |
| Non-Resident Aliens | 188 |
| Other Races | 1 |
| Related Major | Annual Graduates |
|---|---|
| Political Science & Government | 447 |
| Sociology | 152 |
| Geography & Cartography | 132 |
| Anthropology | 48 |
| International Relations & National Security | 20 |
More about our data sources and methodologies.
