50 Best Colleges for Economics – 2024

April 14, 2024

best colleges for economics

While some who major in this highly rigorous discipline will go on to obtain graduate degrees and earn the title of “economist,” most economics majors will parlay their skills into employment opportunities in government, finance, and the business world. Job-seekers and future academicians alike will be in a better position to thrive if they attend one of the schools from the list below. Graduates from these institutions on our list of the Best Colleges for Economics emerge from their four years of study with a deep understanding of market forces, regulations, trade, finance, and the principles of economic theory. Along the way toward earning your degree, you’ll tackle coursework in microeconomics, macroeconomics, microeconomic theory, macroeconomic theory, statistics, calculus, fiscal policies, money and banking, law, labor, game theory, and market design. No matter where you wish to take your future career, the 50 schools profiled below will set you up for success.

Methodology 

Click here to read our methodology for the Best Colleges for Economics.

Salary Information

Want to know how much money graduates of the best economics colleges make when they begin their careers? For each college listed (and hundreds of additional schools), you can view the starting salaries for economics majors.

Best Colleges for Economics

Here’s a quick preview of the first ten economics institutions that made our list. Detailed profiles and stats can be found when you scroll below.

1) Yale University

2) University of Chicago

3) Harvard University

4) Columbia University

5) Johns Hopkins University

6) Northwestern University

7) Massachusetts Institute of Technology

8) Duke University

9) University of Pennsylvania

10) Dartmouth College

All of the schools profiled below have stellar reputations in the area of economics and commit substantial resources to undergraduate education. For each of the best economics colleges, College Transitions will provide you with—when available—the university’s:

  • Enrollment
  • Cost of Attendance
  • Acceptance Rate
  • Median SAT
  • Median ACT
  • Retention Rate
  • Graduation Rate

We will also include a longer write-up of each college’s:

  • Academic Highlights – Includes facts like student-to-faculty ratio, average class size, number of majors offered, and most popular majors.
  • Professional Outcomes – Includes info on the rate of positive outcomes, companies employing alumni, and graduate school acceptances.
#1 Best College for Economics
Yale University

Yale University

  • New Haven, CT

Academic Highlights: Yale offers 80 majors, most of which require a one- to two-semester senior capstone experience. Undergraduate research is a staple, and over 70% of classes—of which there are over 2,000 to choose from—have an enrollment of fewer than 20 students, making Yale a perfect environment for teaching and learning. Among the top departments are biology, economics, global affairs, engineering, history, and computer science. The social sciences (26%), biology (11%), mathematics (8%), and computer science (8%) are the most popular areas of concentration.

Professional Outcomes: Shortly after graduating, 73% of the Yale Class of 2022 had entered the world of employment and 18% matriculated into graduate programs. Hundreds of Yale alums can be found at each of the world’s top companies including Google, Goldman Sachs, McKinsey & Company, Morgan Stanley, and Microsoft. The most common industries entered by the newly hired were finance (20%), research/education (16%), technology (14%), and consulting (12%). The mean starting salary for last year’s grads was $81,769 ($120k for CS majors). Nearly one-fifth of students immediately pursue graduate school.

  • Enrollment: 6,590 (undergraduate); 5,344 (graduate)
  • Cost of Attendance: $87,705
  • Median SAT: 1540
  • Median ACT: 35
  • Acceptance Rate: 5%
  • Retention Rate: 98%
  • Graduation Rate: 98%

#2 Best College for Economics
University of Chicago

University of Chicago

  • Chicago, IL

Academic Highlights: There are 53 majors at UChicago, but close to half of all degrees conferred are in four majors: economics, biology, mathematics, and political science, all of which have particularly sterling reputations. Economics alone is the selection of roughly one-fifth of the undergraduate population. Over 75% of undergrad sections have an enrollment of nineteen or fewer students, and undergraduate research opportunities are ubiquitous as 80% of students end up working in a research capacity alongside a faculty member.

Professional Outcomes: On commencement day, 99% of the Class of 2023 were employed or continuing their education. Business and financial services (30%) and STEM (12%) were the two sectors that scooped up the most graduates, but public policy and consulting were also well-represented. The most popular employers of recent grads include Google, JPMorgan, Goldman Sachs, McKinsey & Company, Bank of America, Citi, and Accenture. For those heading to grad school, the top seven destinations are Yale, Columbia, Penn, MIT, Stanford, UCLA, and Johns Hopkins.

  • Enrollment: 7,653 (undergraduate); 10,870 (graduate)
  • Cost of Attendance: $89,040
  • Median SAT: 1540
  • Median ACT: 35
  • Acceptance Rate: 5%
  • Retention Rate: 99%
  • Graduation Rate: 96%

#3 Best College for Economics
Harvard University

Harvard University

  • Cambridge, MA

Academic Highlights: There are 50 undergraduate fields of study referred to as concentrations; many are interdisciplinary. Even with a graduate population of over 14,000 to cater to, undergraduate class sizes still tend to be small, with 42% of sections having single-digit enrollments and 71% being capped at nineteen. Economics, government, and computer science are the three most popular areas of concentration at Harvard. Biology, chemistry, physics, math, statistics, sociology, history, English, and psychology all sit atop most departmental ranking lists.

Professional Outcomes: The Crimson Class of 2022 saw 15% of students head directly into graduate/professional school. Of the graduates entering the world of work (virtually everyone else), 58% were entering either the consulting, finance, or technology field. Over 1,000 Harvard alumni presently work for Google and over 500 for Microsoft, McKinsey & Company, and Goldman Sachs. Turning our attention to those moving on to graduate school, Harvard grads with at least a 3.5 GPA typically enjoy acceptance rates into medical school of 90% or greater.

  • Enrollment: 7,240
  • Cost of Attendance: $79,450
  • Median SAT: 1550
  • Median ACT: 35
  • Acceptance Rate: 3%
  • Retention Rate: 98%
  • Graduation Rate: 98%

#4 Best College for Economics
Columbia University

Columbia University

  • New York, NY

Academic Highlights: Columbia offers 100+ unique areas of undergraduate study as well as a number of pre-professional and accelerated graduate programs.  Class sizes at Columbia are reasonably small and the student-to-faculty ratio is favorable; however, in 2022, it was revealed that the university had been submitting faulty data in this area. It is presently believed that 58% of undergraduate courses enroll 19 or fewer students. The greatest number of degrees are conferred in the social sciences (22%), computer science (15%), engineering (14%), and biology (7%).

Professional Outcomes: Examining the most recent graduates from Columbia College and the Fu Foundation School of Engineering & Applied Science, 73% had found employment within six months, and 20% had entered graduate school. The median starting salary for graduates of Columbia College/Columbia Engineering is above $80,000. Many graduates get hired by the likes of Amazon, Goldman Sachs, Morgan Stanley, Google, Citi, McKinsey, and Microsoft.

  • Enrollment: 8,832
  • Cost of Attendance: $89,587
  • Median SAT: 1540
  • Median ACT: 35
  • Acceptance Rate: 4%
  • Retention Rate: 98%
  • Graduation Rate: 95%

#5 Best College for Economics
Johns Hopkins University

Johns Hopkins University

  • Baltimore, MD

Academic Highlights: With 53 majors as well as 51 minors, JHU excels in everything from its bread-and-butter medical-related majors to international relations and dance. Boasting an enviable 6:1 student-to-faculty ratio and with 78% of course sections possessing an enrollment under 20, face time with professors is a reality. Many departments carry a high level of clout, including biomedical engineering, chemistry, English, and international studies. Biology, neuroscience, and computer science, which happen to be the three most popular majors, can also be found at the top of the national rankings.

Professional Outcomes: The Class of 2022 saw 94% of graduates successfully land at their next destination within six months of exiting the university; 66% of graduates entered the world of employment and a robust 19% went directly to graduate/professional school. The median starting salary across all majors was $80,000 for the Class of 2022. JHU itself is the most popular choice for graduate school. The next most frequently attended institutions included Columbia, Harvard, Yale, and MIT.

  • Enrollment: 6,044
  • Cost of Attendance: $86,065
  • Median SAT: 1540
  • Median ACT: 35
  • Acceptance Rate: 7%
  • Retention Rate: 97%
  • Graduation Rate: 95%

#6 Best College for Economics
Northwestern University

Northwestern University

  • Evanston, IL

Academic Highlights: Northwestern is home to six undergraduate schools, including Medill, which is widely regarded as one of the country’s best journalism schools. The McCormick School of Engineering also achieves top rankings, along with programs in economics, social policy, and theatre. The social sciences account for the greatest number of degrees conferred (19%), followed by communications/journalism (13%), and engineering (11%). 45% of classes have nine or fewer students enrolled; 78% have fewer than twenty enrollees. 57% of recent grads had the chance to conduct undergraduate research.

Professional Outcomes: Six months after graduating, 69% of the Class of 2022 had found employment and 27% were in graduate school. The four most popular professional fields were consulting (18%), engineering (18%), business/finance (16%), and communications/marketing/media (13%). Employers included the BBC, NBC News, The Washington Post, NPR, Boeing, Google, IBM, Deloitte, PepsiCo, Northrop Grumman, and Goldman Sachs. Across all majors, the average starting salary was $73k. Of those headed straight to graduate school, engineering, medicine, and business were the three most popular areas of concentration.

  • Enrollment: 8,659 (undergraduate); 14,073 (graduate)
  • Cost of Attendance: $91,290
  • Median SAT: 1530
  • Median ACT: 34
  • Acceptance Rate: 7%
  • Retention Rate: 98%
  • Graduation Rate: 97%

#7 Best College for Economics
Massachusetts Institute of Technology

Massachusetts Institute of Technology

  • Cambridge, MA

Academic Highlights: Undergraduates pursue one of 57 majors and 59 minors at this world-class research institution that continues to be one of the world’s most magnetic destinations for math and science geniuses.  The student-to-faculty ratio is an astonishing 3-to-1, and over two-fifths of all class sections have single-digit enrollments, and 70% of courses contain fewer than twenty students. The highest numbers of degrees conferred in 2022 were in the following majors: engineering (31%), computer science and engineering (28%), mathematics (10%), and the physical sciences (7%).

Professional Outcomes: The Class of 2023 saw 29% of its members enter the world of employment and 43% continue on their educational paths. The top employers included Accenture, Amazon, Microsoft, Goldman Sachs, Google, General Motors, the US Navy, Apple, Bain & Company, and McKinsey. The mean starting salary for an MIT bachelor’s degree holder was $95,000. The most frequently attended graduate schools are a who’s who of elite institutions including MIT itself, Stanford, Caltech, Harvard, and the University of Oxford.

  • Enrollment: 4,657
  • Cost of Attendance: $82,730
  • Median SAT: 1550
  • Median ACT: 35
  • Acceptance Rate: 4%
  • Retention Rate: 99%
  • Graduation Rate: 95%

#8 Best College for Economics
Duke University

Duke University

  • Durham, NC

Academic Highlights: The academic offerings at Duke include 53 majors, 52 minors, and 23 interdisciplinary certificates. Class sizes are on the small side—71% are nineteen or fewer, and almost one-quarter are less than ten. A stellar 5:1 student-to-faculty ratio helps keep classes so reasonable even while catering to five figures worth of graduate students. Computer Science is the most popular area of concentration (11%), followed by economics (10%), public policy (9%), biology (8%), and computer engineering (7%).

Professional Outcomes: At graduation, approximately 70% of Duke diploma-earners enter the world of work, 20% continue into graduate schools, and 2% start their own businesses. The industries that attract the largest percentage of Blue Devils are tech (21%), finance (15%), business (15%), healthcare (9%), and science/research (6%). Of the 20% headed into graduate school, a hefty 22% are attending medical school, 18% are in PhD programs, and 12% are entering law school. The med school acceptance rate is 85%, more than twice the national average.

  • Enrollment: 6,640
  • Cost of Attendance: $85,238
  • SAT Range: 1490-1570
  • ACT Range: 34-35
  • Acceptance Rate: 6%
  • Retention Rate: 98%
  • Graduation Rate: 97%

#9 Best College for Economics
University of Pennsylvania

University of Pennsylvania

  • Philadelphia, PA

Academic Highlights: 90 distinct degrees are available across four schools: the College of Arts & Sciences, the College of Applied Science and Engineering, the College of Nursing, and the world-renowned Wharton School. The greatest number of students pursue degrees in business (19%), social sciences (14%), biology (11%), health sciences (9%), engineering (9%), and computer science (9%). The university boasts an exceptional 26% of courses with an enrollment under ten and 59% with an enrollment under twenty as well as multiple ways for undergrads to conduct research.

Professional Outcomes: 75% of Class of 2022 grads were employed within six months of graduating, and 18% were in graduate school. Finance attracted the highest percentage of grads (30%) followed by consulting (20%), technology (15%), and healthcare (10%). Employers hiring the greatest number of 2022 grads included JPMorgan, Boston Consulting Group, McKinsey, Bain & Company, Meta, and Goldman Sachs. The median starting salary for all graduates is $80,000. For those continuing their educational journeys, the most popular move is to remain at Penn, followed by Columbia and Harvard.

  • Enrollment: 9,760 (undergraduate); 13,614 (graduate)
  • Cost of Attendance: $89,028
  • Median SAT: 1540
  • Median ACT: 35
  • Acceptance Rate: 7%
  • Retention Rate: 98%
  • Graduation Rate: 96%

#10 Best College for Economics
Dartmouth College

Dartmouth College

  • Hanover, NH

Academic Highlights: Dartmouth sports 60+ majors and a stunning breadth of course selections for an institution of its size. The learning environment at Dartmouth is extraordinarily intimate. Not only do 61% of course sections have under twenty students, but 18% have single-digit enrollments. The student-to-faculty ratio is an outstanding 7:1. Top programs offered by Big Green include biology, economics, neuroscience, and government. The social sciences are the most popular, accounting for 32% of degrees conferred, followed by computer science (10%), mathematics (9%), engineering (9%), and biology (7%).

Professional Outcomes: A great reputation along with a passionate alumni network that is 80,000 strong leads Dartmouth grads to successful transitions into graduate school and the world of work. Included in the top ten employers of Dartmouth grads are a number of investment banks including Goldman Sachs, Morgan Stanley, Bain & Company, Citibank, and Deutsche Bank. Right off the bat, 52% of graduates make more than $70,000 in salary. Those pursuing graduate degrees often flock to the likes of Harvard, Columbia, and Princeton.

  • Enrollment: 4,458
  • Cost of Attendance: $87,793
  • Median SAT: 1550
  • Median ACT: 34
  • Acceptance Rate: 6%
  • Retention Rate: 98%
  • Graduation Rate: 95%

#11 Best College for Economics
Stanford University

Stanford University

  • Palo Alto, CA

Academic Highlights: Stanford has three undergraduate schools: the School of Humanities & Sciences, the School of Engineering, and the School of Earth, Energy, and Environmental Sciences. 69% of classes have fewer than twenty students, and 34% have a single-digit enrollment. Programs in engineering, computer science, physics, mathematics, international relations, and economics are arguably the best anywhere. In terms of sheer volume, the greatest number of degrees are conferred in the social sciences (17%), computer science (16%), engineering (15%), and interdisciplinary studies (13%).

Professional Outcomes: Stanford grads entering the working world flock to three major industries in equal distribution: business/finance/consulting/retail (19%); computer, IT (19%); and public policy and service, international affairs (19%). Among the companies employing the largest number of recent grads are Accenture, Apple, Bain, Cisco, Meta, Goldman Sachs, Google, McKinsey, Microsoft, and SpaceX. Other companies that employ hundreds of Cardinal alums include LinkedIn, Salesforce, and Airbnb. Starting salaries for Stanford grads are among the highest in the country.

 

  • Enrollment: 8,049 (undergraduate); 10,236 (graduate)
  • Cost of Attendance: $87,833
  • Median SAT: 1540
  • Median ACT: 35
  • Acceptance Rate: 4%
  • Retention Rate: 98%
  • Graduation Rate: 95%

#12 Best College for Economics
Princeton University

Princeton University

  • Princeton, NJ

Academic Highlights: 39 majors are available at Princeton. Just under three-quarters of class sections have an enrollment of 19 or fewer students, and 31% have fewer than ten students. Princeton is known for its commitment to undergraduate teaching, and students consistently rate professors as accessible and helpful. The Engineering Department is widely recognized as one of the country’s best, as is the School of Public and International Affairs.

Professional Highlights: Over 95% of a typical Tiger class finds their next destination within six months of graduating. Large numbers of recent grads flock to the fields of business and engineering, health/science, & tech. Companies presently employing hundreds of Tiger alumni include Google, Goldman Sachs, Microsoft, McKinsey & Company, Morgan Stanley, IBM, and Meta. The average salary ranges from $40k (education, health care, or social services) to $100k (computer/mathematical positions). Between 15-20% of graduating Tigers head directly to graduate/professional school.

  • Enrollment: 5,604 (undergraduate); 3,238 (graduate)
  • Cost of Attendance: $86,700
  • Median SAT: 1540
  • Median ACT: 35
  • Acceptance Rate: 6%
  • Retention Rate: 97%
  • Graduation Rate: 98%

#13 Best College for Economics
Claremont McKenna College

Claremont McKenna College

  • Claremont, CA

Academic Highlights: CMC offers 33 majors and 11 “sequences,” series of courses that can be completed across the neighboring schools in addition to one’s major. The college boasts an average class size of eighteen, and 82% of course sections have fewer than twenty students. Economics, government, international relations, biology, and psychology are the most popular majors, and among the strongest. Interdisciplinary majors such as Environment, Economics, and Politics (EEP) and Philosophy, Politics and Economics (PPE) also carry outstanding reputations.

Professional Outcomes: Eighty-eight percent of 2022 graduates found employment within six months of graduation, and only 4% were still looking for work. The median starting salary for a 2022 Claremont grad is $87,000. You name the prestigious graduate/professional program and, chances are, a recent CMC grad (or two or three) is presently studying there. Since 2001, more than 120 alumni have enrolled at USC and UCLA. More than 60 grads have headed to UChicago, Columbia, and Stanford.

  • Enrollment: 1,386
  • Cost of Attendance: $86,500
  • Median SAT: 1500
  • Median ACT: 34
  • Acceptance Rate: 10%
  • Retention Rate: 96%
  • Graduation Rate: 91%

#14 Best College for Economics
Washington University in St. Louis

Washington University in St. Louis

  • St. Louis, MO

Academic Highlights: WashU admits students into five schools, many of which offer nationally recognized programs: Arts & Sciences, the Olin School of Business, the School of Engineering & Applied Sciences, and the Art of Architecture programs housed within the Sam Fox School of Design and Visual Arts. The most commonly conferred degrees are in engineering (13%), social sciences (13%), business (13%), biology (11%), and psychology (10%). 66% of classes have fewer than 20 students, and over one-quarter have single-digit enrollments. 65% double major or pursue a minor.

Professional Outcomes: The Class of 2022 sent 52% of grads into the workforce and 28% into graduate and professional schools. Companies employing the highest number of WashU grads feature sought-after employers such as Amazon, Bain, Boeing, Deloitte, Google, IBM, Goldman Sachs, and Microsoft. Of the employed members of the Class of 2022 who reported their starting salaries, 79% made more than $60k. The universities welcoming the largest number of Bears included the prestigious institutions of Caltech, Columbia, Harvard, Penn, Princeton, and Stanford.

  • Enrollment: 8,132 (undergraduate); 8,880 (graduate)
  • Cost of Attendance: $83,760
  • Median SAT: 1530
  • Median ACT: 34
  • Acceptance Rate: 11%
  • Retention Rate: 96%
  • Graduation Rate: 93%

#15 Best College for Economics
Brown University

Brown University

  • Providence, RI

Academic Highlights: Students must choose one of 80+ “concentration programs,” but there are no required courses. Class sizes tend to be small—68% have fewer than twenty students—and 35% are comprised of nine or fewer students. Biology, economics, computer science, mathematics, and engineering are among the most popular areas of concentration at Brown; however, it is hard to distinguish any one program, because Brown possesses outstanding offerings across so many disciplines.

Professional Outcomes: Soon after receiving their Brown diplomas, 69% of graduates enter the world of employment. Companies employing the greatest number of Brown alums include Google, Microsoft, Goldman Sachs, Amazon, Morgan Stanley, Apple, McKinsey & Company, and Bain & Company. The Class of 2022 saw 27% of graduates go directly into graduate/professional school. Right out of undergrad, Brown students boasted an exceptional 81% admission rate to med school and an 81% admission rate to law school.

  • Enrollment: 7,639
  • Cost of Attendance: $84,828
  • Median SAT: 1530
  • Median ACT: 35
  • Acceptance Rate: 5%
  • Retention Rate: 99%
  • Graduation Rate: 96%

#16 Best College for Economics
Vanderbilt University

Vanderbilt University

  • Nashville, TN

Academic Highlights: Four of Vandy’s ten schools cater to undergrads: the College of Arts and Sciences, the Blair School of Music, the Peabody College of Education and Human Development, and the School of Engineering. In the 2022-23 school year, 87% of course sections contained 19 or fewer students. Of the 70 undergraduate majors, economics, politics and government, and neuroscience are the most popular. The School of Engineering has a strong national reputation as do offerings in biology, economics, education, and music.

Professional Outcomes: Six months after graduating, 96% of the Class of 2021 were employed or in graduate school. The most commonly entered industry was finance followed by technology, consulting, education, and engineering. Alumni can be found in droves at Capital One, Goldman Sachs, Bain & Company, JP Morgan Chase, Citi, and Meta. Among 2022 alumni who directly pursued advanced degrees, the majority enrolled at Vanderbilt followed by Columbia, Harvard, Penn, NYU, and Northwestern.

  • Enrollment: 7,151 (undergraduate); 6,559 (graduate)
  • Cost of Attendance: $89,590
  • Median SAT: 1530
  • Median ACT: 35
  • Acceptance Rate: 7%
  • Retention Rate: 96%
  • Graduation Rate: 93%

#17 Best College for Economics
University of Notre Dame

University of Notre Dame

  • Notre Dame, IN

Academic Highlights: 75 majors are offered across six undergraduate colleges: the School of Architecture, the College of Arts and Letters, the Mendoza School of Business (one of the country’s best business schools), the College of Engineering, the Keough School of Global Affairs, and the College of Science. In 2022, the most degrees were conferred in business (20%), the social sciences (18%), engineering (12%), and biology (8%). A solid 60% of courses enroll fewer than 20 students, and 15% have single-digit numbers. 75% of Notre Dame undergrads study abroad.

Professional Outcomes: 69% of 2022 grads directly entered the world of employment, with the most common industries being financial services (21%), consulting (17%), technology (12%), and health services (9%). Massive numbers of alumni can be found at Deloitte, EY, PwC, IBM, Accenture, Booz Allen Hamilton, Google, Microsoft, Amazon, Goldman Sachs, JPMorgan, and McKinsey & Co. The median early-career salary was $76,000. Of the 20% of grads who went directly into their graduate/professional studies, 18% were pursuing medical degrees and 9% were studying law.

  • Enrollment: 8,971 (undergraduate); 4,134 (graduate)
  • Cost of Attendance: $86,125
  • Median SAT: 1500
  • Median ACT: 34
  • Acceptance Rate: 13%
  • Retention Rate: 97%
  • Graduation Rate: 96%

#18 Best College for Economics
United States Naval Academy

United States Naval Academy

  • Annapolis, MD

Academic Highlights: The Naval Academy has some of the top-ranked undergraduate engineering programs in the world with standout reputations in aerospace, computer, electrical, and mechanical engineering. 26 different undergraduate programs are offered in a variety of disciplines, but at least 65% of each class must complete degrees in a STEM discipline in order to meet the highly technological needs of the Navy. Close to three-quarters of course sections will contain fewer than 20 students, and the student-to-faculty ratio is a stellar 7:1.

Professional Outcomes: USNA midshipmen have a mandatory five-year military commitment upon graduating, so the vast majority immediately become ensigns in the Navy or second lieutenants in the Marine Corps. Very few are cleared to enter graduate school directly after receiving their bachelor’s. However, upon entering civilian employment/life, alumni flock to companies that include Lockheed Martin, Northrop Grumman, Booz Allen Hamilton, Amazon, Microsoft, Meta, and McKinsey and Co. They also enjoy some of the highest average salaries of any alumni group in the country.

  • Enrollment: 1,175
  • Cost of Attendance: $0
  • Median SAT: 1330
  • Median ACT: 30
  • Acceptance Rate: 9%
  • Retention Rate: 87%
  • Graduation Rate: 86%

#19 Best College for Economics
Rice University

Rice University

  • Houston, TX

Academic Highlights: Rice offers more than 50 majors across six broad disciplines: engineering, architecture, music, social science, humanities, and natural science. Programs in biology, biochemistry, cognitive science, and music are incredibly strong, while the School of Architecture and the George R. Brown School of Engineering are among the highest-ranking schools in their disciplines. One-third of computer science majors are female, almost twice the national average. Class sizes are ideally small with 66% containing fewer than 20 students and a median class size of only fourteen.

Professional Outcomes: Six months after graduation, 88% of Rice grads have found careers or a graduate school home. Companies that employ many recent grads include Deloitte, Capital One, JP Morgan Chase, Google, and Microsoft. Over one hundred alumni are also current employees of companies such as Shell, ExxonMobil, Chevron, Amazon, Accenture, and Meta. Across all majors, the average starting salary is $73k. One-third of graduates move directly into graduate or professional school, with Harvard, Yale, Stanford, MIT, Columbia, and Berkeley being the most popular destinations.

  • Enrollment: 4,494 (undergraduate); 4,178 (graduate)
  • Cost of Attendance: $78,278
  • Median SAT: 1530
  • Median SAT: 35
  • Acceptance Rate: 9%
  • Retention Rate: 94%
  • Graduation Rate: 98%

#20 Best College for Economics
University of California, Los Angeles

University of California, Los Angeles

  • Los Angeles, CA

Academic Highlights: UCLA offers 125 majors in 100+ academic departments, and more than 60 majors require a capstone experience that results in the creation of a tangible product under the mentorship of faculty members. The most commonly conferred degrees are in the social sciences (25%), biology (16%), psychology (11%), mathematics (8%), and engineering (7%). Departmental rankings are high across the board, especially in computer science, engineering, film, fine and performing arts, mathematics, and political science.

Professional Outcomes: UCLA grads flow most heavily into the research, finance, computer science, and engineering sectors. High numbers of recent grads can be found at Disney, Google, EY, Teach for America, Amazon, and Oracle. Hundreds also can be found at Bloomberg, Deloitte, Mattel, Oracle, and SpaceX. The average starting salary exceeds $55,000. 16% of recent grads enrolled directly in a graduate/professional school, with other CA-based institutions like Stanford, Pepperdine, USC, Berkeley, and Loyola Marymount being the most popular.

  • Enrollment: 33,040 (undergraduate); 15,010 (graduate)
  • Cost of Attendance: $38,517 (in-state); $71,091 (out-of-state)
  • Median SAT: Test Blind
  • Median ACT: Test Blind
  • Acceptance Rate: 9%
  • Retention Rate: 97%
  • Graduation Rate: 93%

#21 Best College for Economics
University of Virginia

University of Virginia

  • Charlottesville, VA

Academic Highlights: Undergrads can study within one of seven colleges/schools, which all offer many small classes; 15% boast single-digit enrollment and 48% contain 19 or fewer students. The McIntire School of Commerce and the School of Engineering and Applied Science have glowing reputations. Other notable strengths include computer science, economics, and political philosophy, policy, and law. The most popular degree areas are liberal arts/general studies (22%), the social sciences (14%), engineering (11%), business/marketing (8%), and biology (7%).

Professional Outcomes: Upon receiving their degree, 95% of the Class of 2022 immediately joined the workforce–with an average starting salary of $90k–or headed directly to graduate school. The most popular industries were internet & software, higher education, and management consulting. Capital One (85), Deloitte (46), Amazon (38), and Bain & Co. (26) scooped up the greatest number of 2022 grads. UVA itself was the most popular grad school destination followed by Columbia, Virginia Commonwealth University, and Johns Hopkins.

  • Enrollment: 17,496 (undergraduate); 8,653 (graduate)
  • Cost of Attendance: $39,494-49,874 (in-state); $78,214-90,378 (out-of-state)
  • Median SAT: 1470
  • Median ACT: 33
  • Acceptance Rate: 19%
  • Retention Rate: 97%
  • Graduation Rate: 95%

#22 Best College for Economics
Georgetown University

Georgetown University

  • Washington, D.C.

Academic Highlights: The student-faculty ratio is 11:1, and 60% of classes enroll fewer than 20 students. While some classes are a bit larger, only 7% cross the 50-student threshold. Those desiring to join the world of politics or diplomacy are in the right place. The Government and International Affairs programs are among the best in the country. The greatest number of degrees are conferred in the social sciences (38%) followed by business (20%), interdisciplinary studies (8%), and biology (7%).

Professional Outcomes: Within six months of graduating, 75% of members of the Class of 2022 entered the workforce, 19% went directly into a graduate or professional program of study, and 3% were still seeking employment. The Class of 2022 sent massive numbers of graduates to a number of major corporations including JPMorgan Chase (22), Citi (21), BOA (18), Morgan Stanley (16), and EY (10). Those attending grad school stay at Georgetown or flock to other elite schools like Columbia and Harvard.

  • Enrollment: 7,900
  • Cost of Attendance: $85,000
  • Median SAT: 1500
  • Median ACT: 34
  • Acceptance Rate: 12%
  • Retention Rate: 97%
  • Graduation Rate: 96%

#23 Best College for Economics
Williams College

Williams College

  • Williamstown, MA

Academic Highlights: The school’s 25 academic departments offer 36 majors and a number of concentrations rather than minors. An unparalleled 40% of courses have fewer than ten students enrolled; the median class size is 12 students. Programs in economics, English, history, math, and political science are especially renowned, and the greatest number of degrees are conferred in the social sciences (26%), the physical sciences (10%), math and statistics (9%), psychology (9%), and computer science (7%).

Professional Outcomes: Among the Class of 2022, 92% were employed or continuing their educational journey within six months of graduating. Business and education typically attract the most students, with popular companies/organizations including Apple, Google, Goldman Sachs, The New York Times Co., the Peace Corps, and Teach for America. The median annual income for 2022 grads was $75,000. 75% pursue an advanced degree within five years of leaving Williams, with the most frequently attended graduate programs being Harvard, Columbia, and Yale.

  • Enrollment: 2,152 (undergraduate); 53 (graduate)
  • Cost of Attendance: $81,160
  • Median SAT: 1520
  • Median ACT: 35
  • Acceptance Rate: 8%
  • Retention Rate: 97%
  • Graduation Rate: 95%

#24 Best College for Economics
Boston College

Boston College

  • Chestnut Hill, MA

Academic Highlights: The college offers roughly 60 majors across four schools that award undergraduate degrees. Approximately half of the college’s sections contain nineteen or fewer students. 95% of graduates reported learning how to think critically at BC, and 93% said they learned how to write clearly and effectively. BC offers highly respected programs in communications, psychology, and business through the renowned Carroll School of Management. Other popular and well-regarded majors include economics, biology, and chemistry.

Professional Outcomes: Within six months of graduation, 96% of the Class of 2022 had landed at their next destination. The most favored industries were financial services and real estate (26%), health care/science (20%), and business/consulting (16%). The median starting salary for a 2022 BC grad was $67,000. Eighteen percent of the Class of 2022 entered graduate schools including Brown, Columbia, the University of Chicago, and Yale. Examining the Class of 2022 data, 16% entered law school, and 14% pursued some other type of doctoral degree.

  • Enrollment: 9,484
  • Cost of Attendance: $86,155
  • Average SAT: 1482
  • Average ACT: 34
  • Acceptance Rate: 17%
  • Retention Rate: 95%
  • Graduation Rate: 92%

#25 Best College for Economics
Tufts University

Tufts University

  • Medford, MA

Academic Highlights: Three schools serve Tufts’ undergraduate population: the College of Arts & Sciences, the College of Engineering, and the School of the Museum of Fine Arts. The three schools combined offer more than 90 majors and minors; approximately one-third of all students double major, and half declare a minor. 15% of all courses see fewer than ten students enrolled, and 60% have sub-twenty enrollments. The most popular majors include international relations, economics, computer science, political science, and biology—all of which receive very high marks.

Professional Outcomes: Six months after earning their diplomas, 97% of 2022 graduates were employed or attending graduate school. The most commonly entered fields were finance, consulting, real estate (23%); engineering and technology (22%); health, life sciences, environmental (21%); and education, advocacy, social services (11%). Prolific employers of Tufts alums include Booz Allen Hamilton, JPMorgan, MITRE, Google, Deloitte, Amazon, Raytheon, Morgan Stanley, and BlackRock. Of the 21% of 2022 grads who went directly to graduate school, 85% were accepted into their first-choice institution.

  • Enrollment: 6,815 (undergraduate); 6,616 (graduate)
  • Cost of Attendance: $88,300
  • Median SAT: 1500
  • Median ACT: 34
  • Acceptance Rate: 10%
  • Retention Rate: 96%
  • Graduation Rate: 94%

#26 Best College for Economics
University of California, Berkeley

University of California, Berkeley

  • Berkeley, CA

Academic Highlights: More than 150 undergraduate majors and minors are available across six schools: the College of Letters and Science, the College of Chemistry, the College of Engineering, the College of Environmental Design, the College of Natural Resources, and the Haas School of Business. Many departments have top international reputations including computer science, engineering, chemistry, English, psychology, and economics. 22% of sections contain nine or fewer students, and over 55% of students assist faculty with a research project or complete a research methods course.

Professional Outcomes: Upon graduating, 49% of Cal’s Class of 2022 had already secured employment, and 20% were headed to graduate school. Business is the most popular sector, attracting 62% of employed grads; next up are industrial (17%), education (8%), and nonprofit work (7%). The median starting salary was $86,459 across all majors. Thousands of alumni can be found in the offices of Google, Apple, and Meta, and 500+ Golden Bears are currently employed by Oracle, Amazon, and Microsoft. The school is the number one all-time producer of Peace Corps volunteers.

  • Enrollment: 32,831 (undergraduate); 12,914 (graduate)
  • Cost of Attendance: $48,574 (in-state); $82,774 (out-of-state)
  • Median SAT: Test Blind
  • Median ACT: Test Blind
  • Acceptance Rate: 11%
  • Retention Rate: 96%
  • Graduation Rate: 94%

#27 Best College for Economics
Wake Forest University

Wake Forest University

  • Winston-Salem, NC

Academic Highlights: All freshmen enter the Undergraduate College, which offers 45 majors and 60 minors. Sporting a student-to-faculty ratio of 10:1, classes are kept on the small side with 59% of sections enrolling fewer than 20 students. 60% of students engage in hands-on research for academic credit. Wake Forest is strong across myriad disciplines, most notably chemistry, communication, accounting, finance, and international affairs. The most frequently conferred degrees are in business (22%), the social sciences (20%), journalism (8%), and biology (8%).

Professional Outcomes: Within six months of graduation, 97% of the Class of 2022 had found their next destination, with 71% starting their first professional job and 26% matriculating into a graduate program. Management/consulting, investment banking, and healthcare were the top three industries. Employers landing the highest numbers of alumni included national and multinational corporations IBM, Siemens, Volvo, Goldman Sachs, Disney, Deloitte, Dell, Gucci, PepsiCo, EY, and Nike. By the start of mid-career, Wake Forest alumni earn the second-highest median salary of any school in North Carolina.

  • Enrollment: 5,447 (undergraduate); 3,516 (graduate)
  • Cost of Attendance: $87,622
  • Median SAT: 1450
  • Median ACT: 33
  • Acceptance Rate: 21%
  • Retention Rate: 94%
  • Graduation Rate: 90%

#28 Best College for Economics
Colgate University

Colgate University

  • Hamilton, NY

Academic Highlights: Fifty-six majors are on tap at Colgate, including all of the expected liberal arts concentrations. With a student-faculty ratio of 9:1 and an average class size of 16, Colgate undergraduates work intimately with their instructors. The social sciences account for 35% of all degrees conferred and, within that umbrella, economics, political science, and English are among the most popular and most well-regarded majors.

Professional Outcomes: Nine months after graduation, only a small number of Colgate alumni are still looking for work; in 2022, that group represented less than 2% of the graduating class. A substantial 80% had already landed full-time jobs. Employers hiring the most Colgate grads included BOA, Merrill Lynch, JP Morgan, EY, Wayfair, and the NIH. 85-95% of law school applicants are accepted into one of their target institutions. The medical school numbers were even more impressive with 100% of graduating seniors gaining acceptance into at least one med school.

  • Enrollment: 3,130
  • Cost of Attendance: $83,814
  • Median SAT: 1470
  • Median ACT: 33
  • Acceptance Rate: 12%
  • Retention Rate: 94%
  • Graduation Rate: 91%

#29 Best College for Economics
Washington University in St. Louis

Washington University in St. Louis

  • St. Louis, MO

Academic Highlights: WashU admits students into five schools, many of which offer nationally recognized programs: Arts & Sciences, the Olin School of Business, the School of Engineering & Applied Sciences, and the Art of Architecture programs housed within the Sam Fox School of Design and Visual Arts. The most commonly conferred degrees are in engineering (13%), social sciences (13%), business (13%), biology (11%), and psychology (10%). 66% of classes have fewer than 20 students, and over one-quarter have single-digit enrollments. 65% double major or pursue a minor.

Professional Outcomes: The Class of 2022 sent 52% of grads into the workforce and 28% into graduate and professional schools. Companies employing the highest number of WashU grads feature sought-after employers such as Amazon, Bain, Boeing, Deloitte, Google, IBM, Goldman Sachs, and Microsoft. Of the employed members of the Class of 2022 who reported their starting salaries, 79% made more than $60k. The universities welcoming the largest number of Bears included the prestigious institutions of Caltech, Columbia, Harvard, Penn, Princeton, and Stanford.

  • Enrollment: 8,132 (undergraduate); 8,880 (graduate)
  • Cost of Attendance: $83,760
  • Median SAT: 1530
  • Median ACT: 34
  • Acceptance Rate: 11%
  • Retention Rate: 96%
  • Graduation Rate: 93%

#30 Best College for Economics
Swarthmore College

Swarthmore College

  • Swarthmore, PA

Academic Highlights: Swarthmore offers forty undergraduate programs and runs 600+ courses each academic year. Small, seminar-style courses are the norm—an outstanding 33% of sections enroll fewer than ten students, and 70% contain a maximum of nineteen students. Social science degrees are the most commonly conferred, accounting for 24% of all 2022 graduates. Future businessmen/women, engineers, and techies are also well-positioned, given Swat’s incredibly strong offerings in economics, engineering, and computer science.

Professional Outcomes: 68% of Class of 2022 grads entered the workforce shortly after graduation. Popular industries included education (17%), consulting (16%), and financial services (13%); the median starting salary was $60,000. Google is a leading employer of Swarthmore grads followed by Amazon, Goldman Sachs, IBM, and a number of the top universities.  18% of 2022 grads pursued advanced degrees, with 35% pursuing a PhD, 35% entering master’s programs, 10% heading to law school, and 7% matriculating into medical school.

  • Enrollment: 1,625
  • Cost of Attendance: $81,376
  • Median SAT: 1500
  • Median ACT: 33
  • Acceptance Rate: 7%
  • Retention Rate: 96%
  • Graduation Rate: 94%

#31 Best College for Economics
Cornell University

Cornell University

  • Ithaca, NY

Academic Highlights: A diverse array of academic programs includes 80 majors and 120 minors spread across the university’s seven schools/colleges. Classes are a bit larger at Cornell than at many other elite institutions. Still, 55% of sections have fewer than 20 students. Most degrees conferred in 2022 were in computer science (17%), engineering (13%), business (13%), and biology (13%). The SC Johnson College of Business houses two undergraduate schools, both of which have phenomenal reputations.

Professional Outcomes: Breaking down the graduates of the College of Arts and Sciences, the largest school at Cornell, 68% entered the workforce, 28% entered graduate school, 1% pursued other endeavors such as travel or volunteer work, and the remaining 3% were still seeking employment six months after receiving their diplomas. The top sectors attracting campus-wide graduateswere financial services (18%), technology (17%), consulting (15%), and education (10%). Of the students from A&S going on to graduate school, 15% were pursuing JDs, 5% MDs, and 22% PhDs.

  • Enrollment: 15,735
  • Cost of Attendance: $88,150
  • Median SAT: 1520
  • Median ACT: 34
  • Acceptance Rate: 7%
  • Retention Rate: 97%
  • Graduation Rate: 95%

#32 Best College for Economics
Emory University

Emory University

  • Atlanta, GA

Academic Highlights: This midsize university offers a diverse array of majors (80+) and minors (60+), and 30% of Emory students pursue more than one area of study. Over half of Emory’s student body works directly with a faculty member on academic research and 58% of courses have class sizes of under twenty students. Ultimately, the greatest number of students go on to earn degrees in the social sciences (15%), biology (14%), business (14%), health professions (12%), and mathematics (9%).

Professional Outcomes: Shortly after graduation, 66% of 2022 grads were already employed, and 96% had arrived at their next destination. The top employers of recent Emory grads include Deloitte, Epic, ScribeAmerica, Meta, Morgan Stanley, and Cloudmed. Graduates of the Goizueta Business School found strong starting salaries with an average of $81k.  In the last few years, multiple Emory grads/alums received acceptance letters from the following top law schools like Columbia, Berkeley, and Georgetown. Med school acceptances included Duke, Johns Hopkins, and Vanderbilt.

  • Enrollment: 7,101
  • Cost of Attendance: $83,702
  • Median SAT: 1500
  • Median ACT: 33
  • Acceptance Rate: 11%
  • Retention Rate: 95%
  • Graduation Rate: 90%

#33 Best College for Economics
Wellesley College

Wellesley College

  • Wellesley, MA

Academic Highlights: There are 50+ departmental and interdisciplinary majors. Thirty-six percent of course sections have single-digit enrollments while 77% have 19 or fewer students. In addition, opportunities for participation in research with faculty members abound. Most programs possess sterling reputations, including chemistry, computer science, neuroscience, and political science, but the Department of Economics shines most brightly, leading many into PhD programs and high-profile careers. Economics, biology, and computer science are the most frequently conferred degrees.

Professional Outcomes: Six months after graduating, 97% of the Class of 2022 had achieved positive outcomes. Of the 76% of grads who were employed, 24% were working in the finance/consulting/business fields, 17% in education, 17% in internet and technology & engineering, and 15% in healthcare/life sciences. Top employers included JPMorgan Chase, Google, Boston Children’s Hospital, and Goldman Sachs. The average starting salary for one recent cohort was a solid $63k. Of the 20% of 2022 grads who directly entered an advanced degree program, common schools attended included Harvard, Columbia, Brown, Stanford, MIT, and Emory.

  • Enrollment: 2,447
  • Cost of Attendance: $84,240
  • Median SAT: 1490
  • Median ACT: 34
  • Acceptance Rate: 14%
  • Retention Rate: 95%
  • Graduation Rate: 90%

#34 Best College for Economics
Wesleyan University

Wesleyan University

  • Middletown, CT

Academic Highlights: With 45 majors and 32 minors, Wes truly has something for everyone. The academic requirements are relatively minimal, giving undergrads a high degree of intellectual freedom. Under 75% of class sections have fewer than twenty students; students rave about the accessible faculty. Research opportunities with professors are plentiful. Offerings in economics, English, film studies, and neuroscience typically receive the most praise from employers/grad schools; accordingly, the social sciences (24%), psychology (17%), and the visual and performing arts (12%) are the most popular.

Professional Outcomes: Within six months of graduating, 66% of 2022 grads had entered employment, with tech/engineering/sciences, education, and arts/entertainment being the three top sectors. The companies employing the highest numbers of recent Wesleyan grads included Google, Epic, Analysis Group, Boston Medical Center, Booz Allen Hamilton, Accenture, and Apple. Graduate school was the next stop for 18% of new alums; enrolling institutions included MIT, Stanford, Berkeley, Yale, Harvard, Temple, and UMass.

  • Enrollment: 3,069 (undergraduate); 184 (graduate)
  • Cost of Attendance: $89,094
  • Median SAT: 1430
  • Median ACT: 32
  • Acceptance Rate: 14%
  • Retention Rate: 95%
  • Graduation Rate: 93%

#35 Best College for Economics
Bowdoin College

Bowdoin College

  • Brunswick, ME

Academic Highlights: Class sizes are small—64% contain fewer than twenty students—and 21% have fewer than ten students. The student-faculty ratio is 9:1. More than half of Bowdoin undergrads report interacting with a professor outside of regular class time at least once per week. The greatest percentage of degrees are conferred in the social sciences (30%), biology (13%), area/ethnic/gender studies (8%), computer science (7%), and mathematics (7%). Economics and government and legal studies are two of the more popular majors within the social sciences.

Professional Outcomes: An examination of three recent years’ worth of outcomes data reveals that one year after graduation, between 73 and 77% of recent grads have found full-time employment, and 15% have gone directly into graduate school. Of those entering graduate school, 48% were enrolled in master’s programs, 23% in PhD programs, 13% in law school, and 8% in med school. The top twenty graduate schools attended, by volume, in the last five years make an exclusive list including six Ivies along with Duke, MIT, Johns Hopkins, and Stanford.

  • Enrollment: 1,915
  • Cost of Attendance: $82,600
  • Median SAT: 1510
  • Median ACT: 34
  • Acceptance Rate: 9%
  • Retention Rate: 96%
  • Graduation Rate: 94%

#36 Best College for Economics
College of the Holy Cross

College of the Holy Cross

  • Worcester, MA

Academic Highlights: The college offers thirty traditional majors as well as additional subjects in which one can pursue a student-designed major. The average class size is a manageable 19 students, and 62% of courses have enrollments lower than that. There are no majors that undergrads flock to in overwhelming numbers, but the most popular are the social sciences (29%), psychology (14%), history (7%), and biology (6%). All of those popular departments also rank well nationally.

Professional Outcomes: Six months after moving their tassels to the left, 68% of the Class of 2021 (most recent stats available) were employed, 19% were in graduate school, and only 3% were still seeking full-time employment. Organizations employing more than one recent graduate include Fidelity Investments, JP Morgan, Goldman Sachs, Massachusetts General Hospital, Deloitte, EY, PwC, Oracle, and Dell. Among those enrolled in graduate school, 14% were in law school, 14% were pursuing degrees in a health profession, and 6% were in PhD programs.

  • Enrollment: 3,233
  • Cost of Attendance: $78,600
  • Median SAT: 1360
  • Median ACT: 30
  • Acceptance Rate: 36%
  • Retention Rate: 95%
  • Graduation Rate: 91%

#37 Best College for Economics
Middlebury College

Middlebury College

  • Middlebury, VT

Academic Highlights: Midd offers 50 departments and programs in which to major and minor. The school’s 9:1 student-faculty ratio allows 100% of courses to be taught by professors, not graduate assistants. Most classes are small; the mean class size is 16, and 14% of sections contain fewer than ten students. Middlebury is renowned for its Language Department as well as its programs in economics and international studies. The college has a robust international program (75 programs in 40 countries); over 50% of juniors take a semester abroad.

Professional Outcomes: Six months after graduating, 81% of the Class of 2022 had landed jobs and 12% were in graduate school. The most commonly held jobs fell under the categories of financial services (19%), consulting (14%), science and healthcare (14%), and media and technology (12%). Many Middlebury grads now enter tech-related fields; Google and Facebook are two of the leading employers alongside Morgan Stanley, Goldman Sachs, Deloitte, Amazon, and JP Morgan. More than 100 alumni work in the US State Department.

  • Enrollment: 2,773 (undergraduate); 70 (graduate)
  • Cost of Attendance: $89,850
  • Median SAT: 1460
  • Median ACT: 33
  • Acceptance Rate: 13%
  • Retention Rate: 95%
  • Graduation Rate: 94%

#38 Best College for Economics
Davidson College

Davidson College

  • Davidson, NC

Academic Highlights: With its small size, the impressive part of the college is the exceptional quality of its offerings, not the breadth of them, as only 37 majors are available. The student-to-faculty ratio is 9:1, which allows the college to ensure that 62% have fewer than twenty students and 24% have enrollments you can count on two hands. Overall, the average number of students per class is only 18. Top programs at Davidson include psychology, political science, chemistry, and English; biology is also quite popular, accounting for 12% of degrees conferred in 2022.

Professional Outcomes: Looking at the outcomes data for 2022 grads, 70% landed jobs within six months of graduation, 26% were enrolled in a graduate program, and 3% were still seeking employment. Of those who attended grad school, the highest number were in healthcare-related programs (including MDs), law school, and laboratory sciences. Significant numbers of students pursue advanced degrees at other Southern gems including Vanderbilt, Emory, Duke, Wake Forest, and UNC.

  • Enrollment: 1,927
  • Cost of Attendance: $76,450
  • Median SAT: 1430
  • Median ACT: 32
  • Acceptance Rate: 17%
  • Retention Rate: 94%
  • Graduation Rate: 92%

#39 Best College for Economics
University of Michigan

University of Michigan

  • Ann Arbor, MI

Academic Highlights: There are 280+ undergraduate degree programs across fourteen schools and colleges, and the College of Literature, Science, and the Arts (LSA) enrolls the majority of students. The Ross School of Business offers highly rated programs in entrepreneurship, management, accounting, and finance. The College of Engineering is also one of the best in the country. By degrees conferred, engineering (15%), computer science (14%), and the social sciences (11%) are most popular. A solid 56% of classes have fewer than 20 students.

Professional Outcomes: Within three months of graduating, 89% of LSA grads are employed full-time or in graduate school, with healthcare, education, law, banking, research, nonprofit work, and consulting being the most popular sectors. Within three months, 99% of Ross grads are employed with a median salary of $90k. Top employers include Goldman Sachs, Deutsche Bank, EY, Morgan Stanley, PwC, Deloitte, and Amazon.  Within six months, 96% of engineering grads are employed (average salary of $84k) or in grad school. General Motors, Ford, Google, Microsoft, Apple, and Meta employ the greatest number of alumni.

  • Enrollment: 32,695 (undergraduate); 18,530 (graduate)
  • Cost of Attendance: $35,450 (in-state); $76,294 (out-of-state)
  • Median SAT: 1470
  • Median ACT: 33
  • Acceptance Rate: 18%
  • Retention Rate: 97%
  • Graduation Rate: 93%

#40 Best College for Economics
Bates College

Bates College

  • Lewiston, ME

Academic Highlights: Thirty-four percent of courses at Bates have a single-digit enrollment, and 63% of classrooms contain nineteen or fewer students. The student-to-faculty ratio is 10:1, and not a single graduate student is present to vacuum up professorial attention. Twenty-eight percent of all degrees earned at Bates are in the social sciences, and psychology (14%), biology (13%), and the physical sciences (7%) are next in popularity. Though strong across many disciplines, Bates boasts exemplary programs in political science, art, philosophy, economics, and psychology.

Professional Outcomes: Within six months of graduation, 99% of the Class of 2022 were either employed, enrolled in graduate school, or otherwise meaningfully engaged in a fellowship or internship. The most frequently entered fields were healthcare (17%), education (16%), finance/banking (14%), and technology (7%). Within ten years of graduation, approximately 13% of Bates graduates are in, or have completed, law school whereas 7% enroll in medical school.

  • Enrollment: 1,790
  • Cost of Attendance: $81,382
  • Median SAT: 1430
  • Median ACT: 32
  • Acceptance Rate: 14%
  • Retention Rate: 93%
  • Graduation Rate: 93%

#41 Best College for Economics
Hamilton College

Hamilton College

  • Clinton, NY

Academic Highlights: The student-to-faculty ratio is 9:1, and without any pesky graduate students to get in the way, face time with professors is a regular occurrence. In fact, 28% of all classes have nine or fewer students; 72% have nineteen or fewer. Economics, government, and biology are among the strongest and most popular majors; other standout programs include public policy, mathematics, and environmental studies. Thirty percent of students earn social science degrees, with biology (13%), visual and performing arts (9%), physical science (7%), and foreign languages (7%) next in line.

Professional Outcomes: Examining the 491 graduates in Hamilton’s Class of 2022, an enviable 97% wasted no time landing jobs, graduate school acceptances, or fellowships. The most commonly entered industries were finance (17%), education (13%), business (12%), and science/tech (11%). Only 17% of 2022 graduates went directly into an advanced degree program. In one recent year, 33% of Hamilton grads were studying a STEM field, 22% were in the social sciences, 17% pursued a health care degree, and 5% went to law school.

  • Enrollment: 2,075
  • Cost of Attendance: $82,430
  • Median SAT: 1490
  • Median ACT: 34
  • Acceptance Rate: 12%
  • Retention Rate: 95%
  • Graduation Rate: 92%

#42 Best College for Economics
University of California, Santa Barbara

University of California, Santa Barbara

  • Santa Barbara, CA

Academic Highlights: There are 90 undergraduate majors across three schools: the College of Letters and Science, the College of Engineering, and the College of Creative Studies. The social sciences are the most popular area of study, accounting for 27% of the total degrees conferred. Biology (10%), math (9%), and psychology (9%) are next in popularity. The school has highly regarded programs in communication, computer science, engineering, physics, environmental science, and the performing arts. More than half of sections contain fewer than 20 students, and 72% enroll 29 or fewer.

Professional Outcomes: Within six months of earning their diplomas, 84% of grads had found employment. The most popular industries were science/research (16%), engineering/computer programming (14%), business (13%), finance/accounting (11%), and sales (10%). Top employers of recent grads include Google, EY, KPMG, Oracle, Amazon, IBM, and Adobe. Many alumni also can be found at Apple, Meta, Microsoft, and Salesforce. Two years after graduating, UCSB alumni make an average salary of $55k; more than half make $100k by mid-career.

  • Enrollment: 23,460 (undergraduate); 2,961 (graduate)
  • Cost of Attendance: $41,289 (in-state); $73,863 (out-of-state)
  • Median SAT: Test Blind
  • Median ACT: Test Blind
  • Acceptance Rate: 28%
  • Retention Rate: 92%
  • Graduation Rate: 86%

#43 Best College for Economics
Pomona College

Pomona College

  • Claremont, CA

Academic Highlights: There are 48 majors and minors to select from with the most popular being social sciences (23%), biology (13%), and computer science (12%). Majors in economics, international relations, chemistry, and mathematics receive especially high marks. More than 600 courses are on the menu at Pomona alone, but students can access any of the Claremont Consortium’s 2,700 courses. Pomona’s 8:1 student-to-teacher ratio leads to an average class size of only 15 students, and over 50% of the undergraduate population conduct research alongside a faculty member.

Professional Outcomes: 71% of the Class of 2022 were employed within six months of graduating. Overall, the largest number of alumni can be found at Google, Kaiser Permanente, Microsoft, Amazon, and Meta. Recently, economics degree-earners have landed jobs at Goldman Sachs, Wells Fargo, Morgan Stanley, or Accenture. Majors in the hard sciences frequently landed at top research laboratories and hospitals. Of the 21% of 2022 grads who were accepted directly into graduate school, the most frequently attended institutions included the University of Cambridge, Duke, Harvard, Caltech, UChicago, and Stanford.

  • Enrollment: 1,761
  • Cost of Attendance: $88,296
  • Median SAT: 1520
  • Median ACT: 34
  • Acceptance Rate: 7%
  • Retention Rate: 96%
  • Graduation Rate: 93%

#44 Best College for Economics
Bucknell University

Bucknell University

  • Lewisburg, PA

Academic Highlights: Over 60 majors and 70 minors are on tap across three undergraduate schools: the College of Arts & Sciences, Freeman College of Management, and the College of Engineering. Getting well-acquainted with your professors is easy with a 9:1 student-faculty ratio, and class sizes are reasonably small. The greatest number of degrees are conferred in the areas of the social sciences (26%), engineering (14%), business (14%), biology (11%), and psychology (9%).

Professional Outcomes: Nine months after graduation, 94% of the Class of 2022 had launched their careers or entered graduate school. Financial services is the most common sector for Bucknell grads to enter, attracting 24% of alumni. Across all disciplines, the average salary for a Class of 2022 grad was $69,540. Bucknell saw 18% of 2022 grads go directly into an advanced degree program. Bison alumni heading to graduate school predominantly pursue degrees in the medical field, social sciences, business, or engineering.

  • Enrollment: 3,747
  • Cost of Attendance: $80,890
  • Median SAT: 1380
  • Median ACT: 32
  • Acceptance Rate: 33%
  • Retention Rate: 91%
  • Graduation Rate: 87%

#45 Best College for Economics
New York University

New York University

  • New York, NY

Academic Highlights: NYU is divided into a number of smaller (but still quite large) colleges organized by discipline; in sum, there are 230 areas of undergraduate study across nine schools and colleges. For its size, a commendable 58% of classes have an enrollment under 20 students. While all schools within NYU have solid reputations, Stern holds the distinction as one of the top undergraduate business programs in the country. For those entering film, dance, drama, or other performing arts, Tisch is as prestigious a place as you can find to study.

Professional Outcomes: Within six months of exiting, 94% of Class of 2022 grads had landed at their next destination, with 78% employed and 21% in graduate school. The top industries for employment were healthcare (11%), internet and software (9%), finance (8%), and entertainment (8%). Large numbers of alumni can be found at Google, Deloitte, Morgan Stanley, Goldman Sachs, IBM, JP Morgan Chase, Citi, and Amazon. The mean starting salary is $75,336. In 2022, business, arts and sciences, and law school were the most popular grad school destinations.

  • Enrollment: 29,401 (undergraduate); 29,711 (graduate)
  • Cost of Attendance: $90,222-$96,172
  • Median SAT: 1520
  • Median ACT: 34
  • Acceptance Rate: 12%
  • Retention Rate: 95%
  • Graduation Rate: 87%

#46 Best College for Economics
Lafayette College

Lafayette College

  • Easton, PA

Academic Highlights: Lafayette offers 51 areas of study over four academic divisions: engineering, humanities, natural sciences, and the social sciences. One-on-one attention from professors is a reality at Lafayette, thanks to a 10:1 student-to-faculty ratio and no graduate students to compete with. A solid 62% of sections contain fewer than twenty students; 11% enroll nine or fewer. Of the degrees conferred in 2022, social sciences (34%) and engineering (19%) were the disciplines in which the largest number of degrees were earned.

Professional Outcomes: Within six months of graduation, a stellar 98% of the Class of 2022 had already landed full-time jobs or were enrolled in graduate/professional school. Companies employing large numbers of Lafayette alumni include Merck, IBM, Morgan Stanley, Citi, Merrill Lynch, JP Morgan Chase Co., Deloitte, and EY. Those attending graduate school frequently land at some of the top programs in the country within their respective disciplines. Medical school applicants with a 3.6 GPA or above enjoy a 72% acceptance rate, and dental school candidates find homes at an 89% clip.

  • Enrollment: 2,729
  • Cost of Attendance: $84,402
  • Median SAT: 1400
  • Median ACT: 31
  • Acceptance Rate: 34%
  • Retention Rate: 90%
  • Graduation Rate: 89%

#47 Best College for Economics
University of North Carolina at Chapel Hill

University of North Carolina at Chapel Hill

  • Chapel Hill, NC

Academic Highlights: Undergraduates can choose from 74 bachelor’s degree programs in a number of schools and colleges, the largest of which is the College of Arts & Sciences. 44% of classes have a student enrollment under 20. The social sciences (15%), biology (12%), media/journalism (9%), computer science (8%), and business (6%) are the areas in which the most degrees are conferred. The Kenan-Flager Business School is internationally renowned and requires separate admission. Other strong programs include those in chemistry, journalism, psychology, and political science.

Professional Outcomes: Six months after leaving Chapel Hill, 97% of 2022 grads had entered employment, military service, or graduate school. Among the for-profit companies that hire the most graduates are Wells Fargo, IBM, Cisco, Deloitte, EY, Google, Microsoft, Amazon, Oracle, McKinsey & Company, and Goldman Sachs. In the nonprofit sector, a large number of alumni are employed by AmeriCorps, NIH, Teach for America, and the Peace Corps. The average starting salary is $70,619. 18% of 2022 grads enrolled directly in graduate/professional school.

  • Enrollment: 20,210 (undergraduate); 11,739 (graduate)
  • Cost of Attendance: $27,036 (in-state); $60,040 (out-of-state)
  • Median SAT: 1450
  • Median ACT: 32
  • Acceptance Rate: 17%
  • Retention Rate: 96%
  • Graduation Rate: 91%

#48 Best College for Economics
Colby College

Colby College

  • Waterville, ME

Academic Highlights: Offering 56 majors and 35 minors, Colby provides a classic liberal arts education with a high degree of flexibility and room for independent intellectual pursuits. A 10:1 student-to-faculty ratio is put to good instructional use as roughly two-thirds of courses have fewer than 19 students. Being a true liberal arts school, Colby has strengths across many disciplines, but biology, economics, and global studies draw especially high praise. These programs along with government and environmental science attract the highest number of students.

Professional Outcomes: Within six months of graduation, 93% of the Class of 2022 had either obtained jobs or were enrolled full-time in a graduate program. Eighteen percent of graduates enter the financial industry and large numbers also start careers in education, with government/nonprofit, STEM, and healthcare next in popularity. The Medical school acceptance rate over the past five years is 68%, nearly double the national average.

  • Enrollment: 2,299
  • Cost of Attendance: $86,720
  • Average SAT: 1485
  • Average ACT: 33
  • Acceptance Rate: 8%
  • Retention Rate: 93%
  • Graduation Rate: 87%

#49 Best College for Economics
Boston University

Boston University

  • Boston, MA

Academic Highlights: In total, the university offers more than 300 programs of study, 100+ of which are distinct undergraduate degrees spread across ten schools/colleges. Many classes at BU are reasonably small—60% contain fewer than twenty students; only 19% contain more than forty. The student-to-faculty ratio is 11:1. The greatest number of degrees are conferred in social sciences (16%), business/marketing (15%), communications and journalism (15%), biology (11%), engineering (9%), and health professions/related sciences (7%).

Professional Outcomes: Six months after graduation, 90% of BU grads have found their way into the world of employment or full-time graduate study. Across all graduating years, companies employing more than 350 BU alums include Google, Oracle, Accenture, IBM, and Amazon Web Services. Of the one-quarter of grads who move directly into graduate school, many are welcomed onto the campuses of elite graduate programs. For example, engineering students found new academic homes at MIT, Stanford, Carnegie Mellon, and Columbia.

  • Enrollment: 18,459
  • Cost of Attendance: $86,363
  • Median SAT: 1430
  • Median ACT: 32
  • Acceptance Rate: 14%
  • Retention Rate: 94%
  • Graduation Rate: 89%

#50 Best College for Economics
California Institute of Technology

California Institute of Technology

  • Pasadena, CA

Academic Highlights: Across all divisions, there are 28 distinct majors. Possessing an absurdly favorable 3:1 student-to-faculty ratio, plenty of individualized attention is up for grabs. Class sizes are not quite as tiny as the student-to-faculty ratio might suggest, but 70% of courses enroll fewer than twenty students, and 28% enroll fewer than ten. Computer science is the most popular major, accounting for 38% of all degrees conferred. Engineering (30%), the physical sciences (20%), and mathematics (6%) also have strong representation.

Professional Outcomes: Caltech is a rare school that sees six-figure average starting salaries for its graduates; in 2022, the median figure was $120,000. Forty-three percent of recent grads went directly into the workforce and found homes at tech giants such as Google, Intel, Microsoft, Apple, and Meta. A healthy 46% of those receiving their diplomas in 2022 continued directly on the higher education path, immediately entering graduate school. Ninety-seven percent of these students were admitted to one of their top-choice schools.

  • Enrollment: 982
  • Cost of Attendance: $86,886
  • Median SAT: Test Blind
  • Median ACT: Test Blind
  • Acceptance Rate: 3%
  • Retention Rate: 98%
  • Graduation Rate: 94%

We hope you have found our list of the Best Colleges for Economics to be useful and informative as you continue your college search process. We also invite you to check out some of our other resources and tools including: