by our College Data Analytics TeamWe've gathered data and other essential information about the program, such as the average salary of graduates, ethnicity of students, how many students graduated in recent times, and more. In addition, we cover how U-M ranks in comparison to other schools with economics programs.
Go directly to any of the following sections:
U-M is in the top 10% of the country for economics. More specifically it was ranked #29 out of 497 schools by College Factual. It is also ranked #1 in Michigan.
During the 2020-2021 academic year, University of Michigan - Ann Arbor handed out 618 bachelor's degrees in economics. This is an increase of 5% over the previous year when 586 degrees were handed out.
In 2021, 93 students received their master’s degree in economics from U-M. This makes it the #10 most popular school for economics master’s degree candidates in the country.
In addition, 17 students received their doctoral degrees in economics in 2021, making the school the #24 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 U-M is $62,024. 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 U-M, economics students borrow a median amount of $19,690 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 U-M is $853 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 Michigan - Ann Arbor.
The economics program at U-M awarded 618 bachelor's degrees in 2020-2021. About 65% of these degrees went to men with the other 35% going to women.
The majority of bachelor's degree recipients in this major at U-M are white. In the most recent graduating class for which data is available, 54% of students fell into this category.
The following table and chart show the ethnic background for students who recently graduated from University of Michigan - Ann Arbor with a bachelor's in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 80 |
| Black or African American | 9 |
| Hispanic or Latino | 26 |
| White | 335 |
| Non-Resident Aliens | 112 |
| Other Races | 56 |
For the most recent academic year available, 57% of economics master's degrees went to men and 43% went to women.
The following table and chart show the ethnic background for students who recently graduated from University of Michigan - Ann Arbor with a master's in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 5 |
| Black or African American | 0 |
| Hispanic or Latino | 0 |
| White | 11 |
| Non-Resident Aliens | 74 |
| Other Races | 3 |
| Related Major | Annual Graduates |
|---|---|
| Political Science & Government | 285 |
| Sociology | 155 |
| Anthropology | 70 |
| General Social Sciences | 9 |
More about our data sources and methodologies.
