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 UMN Twin Cities ranks compared to other colleges offering a major in economics.
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UMN Twin Cities is in the top 10% of the country for economics. More specifically it was ranked #34 out of 497 schools by College Factual. It is also ranked #1 in Minnesota.
During the 2020-2021 academic year, University of Minnesota - Twin Cities handed out 363 bachelor's degrees in economics. This is a decrease of 3% over the previous year when 376 degrees were handed out.
In 2021, 15 students received their master’s degree in economics from UMN Twin Cities. This makes it the #83 most popular school for economics master’s degree candidates in the country.
In addition, 39 students received their doctoral degrees in economics in 2021, making the school the #3 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 UMN Twin Cities is $50,320. 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 UMN Twin Cities, economics students borrow a median amount of $21,500 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 UMN Twin Cities is $276 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 Minnesota - Twin Cities.
Of the 363 students who graduated with a Bachelor’s in economics from UMN Twin Cities in 2021, 64% were men and 36% were women.
The following table and chart show the ethnic background for students who recently graduated from University of Minnesota - Twin Cities with a bachelor's in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 30 |
| Black or African American | 8 |
| Hispanic or Latino | 12 |
| White | 143 |
| Non-Resident Aliens | 155 |
| Other Races | 15 |
Of the 15 students who graduated with a Master’s in economics from UMN Twin Cities in 2021, 53% were men and 47% were women.
The following table and chart show the ethnic background for students who recently graduated from University of Minnesota - Twin Cities with a master's in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 0 |
| Black or African American | 0 |
| Hispanic or Latino | 2 |
| White | 6 |
| Non-Resident Aliens | 7 |
| Other Races | 0 |
| Related Major | Annual Graduates |
|---|---|
| Political Science & Government | 259 |
| Sociology | 110 |
| International Relations & National Security | 99 |
| Geography & Cartography | 56 |
| Anthropology | 51 |
More about our data sources and methodologies.
