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. We've also included details on how UMCP ranks compared to other colleges offering a major in economics.
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UMCP is in the top 10% of the country for economics. More specifically it was ranked #38 out of 497 schools by College Factual. It is also ranked #2 in Maryland.
During the 2020-2021 academic year, University of Maryland - College Park handed out 432 bachelor's degrees in economics. This is a decrease of 7% over the previous year when 465 degrees were handed out.
In 2021, 58 students received their master’s degree in economics from UMCP. This makes it the #21 most popular school for economics master’s degree candidates in the country.
In addition, 23 students received their doctoral degrees in economics in 2021, making the school the #11 most popular school in the United States for this category of students.
Economics majors who earn their bachelor's degree from UMCP go on to jobs where they make a median salary of $49,898 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 UMCP, economics students borrow a median amount of $20,097 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 UMCP is $296 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 Maryland - College Park.
Of the 432 students who graduated with a Bachelor’s in economics from UMCP in 2021, 69% were men and 31% were women.
The following table and chart show the ethnic background for students who recently graduated from University of Maryland - College Park with a bachelor's in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 69 |
| Black or African American | 39 |
| Hispanic or Latino | 45 |
| White | 211 |
| Non-Resident Aliens | 51 |
| Other Races | 17 |
For the most recent academic year available, 66% of economics master's degrees went to men and 34% went to women.
The following table and chart show the ethnic background for students who recently graduated from University of Maryland - College Park with a master's in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 4 |
| Black or African American | 1 |
| Hispanic or Latino | 5 |
| White | 23 |
| Non-Resident Aliens | 22 |
| Other Races | 3 |
| Related Major | Annual Graduates |
|---|---|
| Political Science & Government | 330 |
| Sociology | 109 |
| Geography & Cartography | 99 |
| Anthropology | 39 |
| Urban Studies | 15 |
More about our data sources and methodologies.
