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 UT Austin ranks compared to other colleges offering a major in economics.
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UT Austin was ranked #58 on College Factual's most recent list of the best schools for economics majors. This puts the bachelor's program at the school solidly in the top 15% of all colleges and universities in the country. It is also ranked #4 in Texas.
During the 2020-2021 academic year, The University of Texas at Austin handed out 354 bachelor's degrees in economics. This is a decrease of 21% over the previous year when 450 degrees were handed out.
In 2021, 65 students received their master’s degree in economics from UT Austin. This makes it the #19 most popular school for economics master’s degree candidates in the country.
In addition, 11 students received their doctoral degrees in economics in 2021, making the school the #37 most popular school in the United States for this category of students.
Economics majors who earn their bachelor's degree from UT Austin go on to jobs where they make a median salary of $50,245 a year. This is great news for graduates of the program, since this figure is higher than the national average of $45,868 for all economics bachelor's degree recipients.
Graduates of the master's economics program at UT Austin make a median salary of $62,547. This is less than what their typical peers from other schools make. Their median salary is $63,388.
While getting their bachelor's degree at UT Austin, economics students borrow a median amount of $21,125 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 UT Austin is $235 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 The University of Texas at Austin.
During the 2020-2021 academic year, 354 students graduated with a bachelor's degree in economics from UT Austin. About 77% were men and 23% were women.
The following table and chart show the ethnic background for students who recently graduated from The University of Texas at Austin with a bachelor's in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 83 |
| Black or African American | 5 |
| Hispanic or Latino | 59 |
| White | 149 |
| Non-Resident Aliens | 39 |
| Other Races | 19 |
During the 2020-2021 academic year, 65 economics majors earned their master's degree from UT Austin. Of these graduates, 60% were men and 40% were women.
The following table and chart show the ethnic background for students who recently graduated from The University of Texas at Austin with a master's in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 2 |
| Black or African American | 0 |
| Hispanic or Latino | 5 |
| White | 22 |
| Non-Resident Aliens | 34 |
| Other Races | 2 |
| Related Major | Annual Graduates |
|---|---|
| Political Science & Government | 335 |
| Sociology | 162 |
| Anthropology | 76 |
| International Relations & National Security | 67 |
| Geography & Cartography | 53 |
More about our data sources and methodologies.
