Rankings › Social Sciences & Humanities
College Rankings
Best Economics Schools
The top 25 of 357 U.S. colleges offering an undergraduate Economics degree, ranked by early-career earnings and return on investment — using each school's real, aid-adjusted net price rather than sticker tuition.
Is Economics worth it?
For graduates of highly selective institutions, an economics degree is arguably the most lucrative undergraduate credential in existence. It is the traditional, heavily-trodden pathway into investment banking, management consulting, and private equity—fields where starting compensation quickly scales into the stratosphere. However, this payoff is intensely stratified by prestige. The massive value generated at the top of this ranking comes from "target school" status, meaning elite financial firms recruit directly on campus. If you attend a school with a direct pipeline to Wall Street or Silicon Valley venture capital, the degree pays for itself almost instantly. Outside of those elite networks, economics remains a highly respected, versatile business credential, but it won't automatically unlock those same high-finance doors.
| # | School | State | Score | Median earnings | Net price / yr | 10-yr net ROI |
|---|---|---|---|---|---|---|
| 1 | Harvard University | MA | 87 | $103,993 | $19,066 | +$964K |
| 2 | Stanford University | CA | 87 | $98,104 | $13,807 | +$926K |
| 3 | University of Chicago | IL | 87 | $92,075 | $14,860 | +$861K |
| 4 | Duke University | NC | 86 | $98,649 | $29,612 | +$868K |
| 5 | Amherst College | MA | 86 | $90,568 | $23,367 | +$812K |
| 6 | Vanderbilt University | TN | 86 | $84,311 | $15,846 | +$780K |
| 7 | Dartmouth College | NH | 85 | $94,675 | $29,519 | +$829K |
| 8 | Williams College | MA | 85 | $80,888 | $17,716 | +$738K |
| 9 | University of California-Berkeley | CA | 85 | $80,446 | $13,481† | +$751K |
| 10 | Claremont McKenna College | CA | 84 | $89,505 | $28,849 | +$780K |
| 11 | University of Pennsylvania | PA | 84 | $89,097 | $28,699 | +$776K |
| 12 | Columbia University in the City of New York | NY | 84 | $83,135 | $21,590 | +$745K |
| 13 | Yale University | CT | 84 | $82,617 | $23,777 | +$731K |
| 14 | Rice University | TX | 84 | $78,814 | $13,370 | +$735K |
| 15 | Johns Hopkins University | MD | 84 | $78,181 | $18,809 | +$707K |
| 16 | Colby College | ME | 84 | $76,401 | $17,180 | +$695K |
| 17 | Bowdoin College | ME | 84 | $75,867 | $14,398 | +$701K |
| 18 | Middlebury College | VT | 83 | $85,879 | $31,483 | +$733K |
| 19 | Barnard College | NY | 83 | $85,860 | $28,800 | +$743K |
| 20 | Swarthmore College | PA | 83 | $76,944 | $23,149 | +$677K |
| 21 | Pomona College | CA | 83 | $70,051 | $19,285 | +$623K |
| 22 | University of Michigan-Ann Arbor | MI | 83 | $68,416 | $13,138† | +$632K |
| 23 | Carnegie Mellon University | PA | 82 | $86,284 | $31,944 | +$735K |
| 24 | Cornell University | NY | 82 | $84,967 | $28,690 | +$735K |
| 25 | Northwestern University | IL | 82 | $84,932 | $29,167 | +$733K |
| 26 | Washington and Lee University | VA | 82 | $71,737 | $23,781 | +$622K |
| 27 | University of California-Santa Barbara | CA | 82 | $66,334 | $16,109† | +$599K |
| 28 | University of North Carolina at Chapel Hill | NC | 82 | $65,344 | $11,655† | +$607K |
| 29 | Wellesley College | MA | 81 | $86,367 | $25,496 | +$762K |
| 30 | Colgate University | NY | 81 | $77,274 | $28,786 | +$658K |
| 31 | University of Notre Dame | IN | 81 | $76,299 | $26,780 | +$656K |
| 32 | University of California-Los Angeles | CA | 81 | $62,091 | $12,548† | +$571K |
| 33 | Brown University | RI | 80 | $72,064 | $25,184 | +$620K |
| 34 | Emory University | GA | 80 | $71,340 | $22,585 | +$623K |
| 35 | Brigham Young University | UT | 80 | $63,332 | $15,564 | +$571K |
| 36 | University of Virginia-Main Campus | VA | 79 | $74,958 | $21,565† | +$663K |
| 37 | California Polytechnic State University-San Luis Obispo | CA | 79 | $67,501 | $16,665† | +$608K |
| 38 | University of Illinois Urbana-Champaign | IL | 79 | $58,921 | $14,355† | +$532K |
| 39 | University of Washington-Tacoma Campus | WA | 79 | $53,934 | $10,163† | +$499K |
| 40 | Sonoma State University | CA | 79 | $53,825 | $12,885† | +$487K |
| 41 | Carleton College | MN | 78 | $66,567 | $25,407 | +$564K |
| 42 | Utah State University | UT | 78 | $60,472 | $14,936† | +$545K |
| 43 | University of Washington-Seattle Campus | WA | 78 | $53,934 | $14,091† | +$483K |
| 44 | Hamilton College | NY | 77 | $71,350 | $28,985 | +$598K |
| 45 | Trinity College | CT | 77 | $71,191 | $34,832 | +$573K |
| 46 | Bates College | ME | 77 | $71,187 | $29,351 | +$594K |
| 47 | Northeastern University Oakland | CA | 77 | $70,531 | $25,181 | +$605K |
| 48 | William & Mary | VA | 77 | $65,603 | $19,096† | +$580K |
| 49 | University of Utah | UT | 77 | $64,386 | $16,200† | +$579K |
| 50 | DePauw University | IN | 77 | $63,395 | $22,264 | +$545K |
| 51 | University of Richmond | VA | 77 | $61,027 | $31,309 | +$485K |
| 52 | Purdue University-Main Campus | IN | 77 | $59,187 | $14,600† | +$533K |
| 53 | Indiana University-Bloomington | IN | 77 | $59,142 | $16,264† | +$526K |
| 54 | The University of Texas at Austin | TX | 77 | $58,717 | $19,857† | +$508K |
| 55 | University of Maryland-College Park | MD | 77 | $58,650 | $15,678† | +$524K |
| 56 | CUNY Bernard M Baruch College | NY | 77 | $51,728 | $3,033† | +$505K |
| 57 | Princeton University | NJ | 76 | $103,041 | $6,128 | +$1.0M |
| 58 | Tufts University | MA | 76 | $75,125 | $39,998 | +$591K |
| 59 | James Madison University | VA | 76 | $62,286 | $23,322† | +$530K |
| 60 | University of Minnesota-Twin Cities | MN | 76 | $56,902 | $16,778† | +$502K |
| 61 | University of Colorado Denver/Anschutz Medical Campus | CO | 76 | $56,201 | $11,900† | +$514K |
| 62 | University of Connecticut-Waterbury Campus | CT | 76 | $52,227 | $10,875† | +$479K |
| 63 | University of California-San Diego | CA | 76 | $51,192 | $12,470† | +$462K |
| 64 | University of Michigan-Dearborn | MI | 76 | $49,665 | $9,492† | +$459K |
| 65 | University of Rochester | NY | 75 | $63,475 | $29,278 | +$518K |
| 66 | Wake Forest University | NC | 75 | $56,416 | $28,719 | +$449K |
| 67 | University of Delaware | DE | 75 | $55,905 | $17,799† | +$488K |
| 68 | Pennsylvania State University-World Campus | PA | 75 | $55,418 | $19,550† | +$476K |
| 69 | University of Wisconsin-Madison | WI | 75 | $54,495 | $17,354† | +$476K |
| 70 | University of Connecticut-Avery Point | CT | 75 | $52,227 | $13,807† | +$467K |
| 71 | University of California-Davis | CA | 75 | $50,295 | $14,741† | +$444K |
| 72 | Northeastern University | MA | 74 | $70,531 | $30,915 | +$582K |
| 73 | Southern New Hampshire University | NH | 74 | $69,807 | $36,708 | +$551K |
| 74 | College of the Holy Cross | MA | 74 | $69,288 | $38,782 | +$538K |
| 75 | Lafayette College | PA | 74 | $68,164 | $34,433 | +$544K |
| 76 | Gettysburg College | PA | 74 | $62,925 | $31,490 | +$503K |
| 77 | Union College | NY | 74 | $62,846 | $34,561 | +$490K |
| 78 | University of Wisconsin-Oshkosh | WI | 74 | $57,663 | $14,305† | +$519K |
| 79 | Iowa State University | IA | 74 | $57,619 | $18,589† | +$502K |
| 80 | University of Maryland-Baltimore County | MD | 74 | $54,859 | $16,467† | +$483K |
| 81 | Arizona State University Campus Immersion | AZ | 74 | $54,778 | $14,967† | +$488K |
| 82 | University of Connecticut-Hartford Campus | CT | 74 | $52,227 | $16,403† | +$457K |
| 83 | Rutgers University-Camden | NJ | 74 | $51,848 | $18,745† | +$444K |
| 84 | University of California-Santa Cruz | CA | 74 | $50,518 | $17,890† | +$434K |
| 85 | University of Georgia | GA | 74 | $49,725 | $13,936† | +$442K |
| 86 | Vassar College | NY | 73 | $79,845 | $39,343 | +$641K |
| 87 | Santa Clara University | CA | 73 | $76,606 | $50,062 | +$566K |
| 88 | Boston College | MA | 73 | $72,099 | $41,704 | +$554K |
| 89 | Washington University in St Louis | MO | 73 | $66,325 | $21,786 | +$576K |
| 90 | Connecticut College | CT | 73 | $62,732 | $36,175 | +$483K |
| 91 | Trinity University | TX | 73 | $57,482 | $23,464 | +$481K |
| 92 | George Mason University | VA | 73 | $53,024 | $17,915† | +$459K |
| 93 | University of Massachusetts-Amherst | MA | 73 | $52,309 | $22,383† | +$434K |
| 94 | University of Connecticut-Stamford | CT | 73 | $52,227 | $16,798† | +$455K |
| 95 | University of Oklahoma-Norman Campus | OK | 73 | $52,212 | $15,300† | +$461K |
| 96 | Rutgers University-Newark | NJ | 73 | $51,848 | $19,703† | +$440K |
| 97 | University of California-Merced | CA | 73 | $51,212 | $11,983† | +$464K |
| 98 | University of Houston | TX | 73 | $50,820 | $14,276† | +$451K |
| 99 | California State University-Sacramento | CA | 73 | $49,312 | $9,338† | +$456K |
| 100 | SUNY College at Geneseo | NY | 73 | $48,691 | $18,211† | +$414K |
| 101 | Florida Atlantic University | FL | 73 | $48,632 | $8,752† | +$451K |
| 102 | Florida State University | FL | 73 | $47,304 | $11,297† | +$428K |
| 103 | University of Wisconsin-Whitewater | WI | 73 | $46,404 | $14,158† | +$407K |
| 104 | New York University | NY | 72 | $68,495 | $37,050 | +$537K |
| 105 | George Washington University | DC | 72 | $67,684 | $36,586 | +$530K |
| 106 | Boston University | MA | 72 | $55,733 | $24,402 | +$460K |
| 107 | Pennsylvania State University-Penn State Erie-Behrend College | PA | 72 | $55,418 | $24,558† | +$456K |
| 108 | Pennsylvania State University-Penn State Harrisburg | PA | 72 | $55,418 | $23,330† | +$461K |
| 109 | Michigan State University | MI | 72 | $54,013 | $19,680† | +$461K |
| 110 | Gustavus Adolphus College | MN | 72 | $52,439 | $22,900 | +$433K |
| 111 | Centre College | KY | 72 | $51,077 | $20,781 | +$428K |
| 112 | University of Pittsburgh-Bradford | PA | 72 | $50,529 | $15,350† | +$444K |
| 113 | Ohio University-Eastern Campus | OH | 72 | $46,655 | $3,925† | +$451K |
| 114 | Ohio University-Chillicothe Campus | OH | 72 | $46,655 | $5,755† | +$444K |
| 115 | Ohio University-Southern Campus | OH | 72 | $46,655 | $5,993† | +$443K |
| 116 | Ohio University-Lancaster Campus | OH | 72 | $46,655 | $5,650† | +$444K |
| 117 | Ohio University-Zanesville Campus | OH | 72 | $46,655 | $5,746† | +$444K |
| 118 | The University of Texas at Arlington | TX | 72 | $46,416 | $13,951† | +$408K |
| 119 | California State University-East Bay | CA | 72 | $46,408 | $9,320† | +$427K |
| 120 | San Francisco State University | CA | 72 | $46,310 | $12,278† | +$414K |
| 121 | CUNY City College | NY | 72 | $45,556 | $3,776† | +$440K |
| 122 | Bucknell University | PA | 71 | $70,946 | $40,766 | +$546K |
| 123 | Macalester College | MN | 71 | $59,752 | $32,149 | +$469K |
| 124 | California State University-Channel Islands | CA | 71 | $57,440 | $9,849† | +$535K |
| 125 | Miami University-Oxford | OH | 71 | $57,379 | $28,384† | +$460K |
| 126 | University of Southern California | CA | 71 | $57,060 | $32,740 | +$440K |
| 127 | Virginia Polytechnic Institute and State University | VA | 71 | $56,261 | $24,953† | +$463K |
| 128 | University of New Hampshire-Main Campus | NH | 71 | $54,328 | $23,805† | +$448K |
| 129 | Rutgers University-New Brunswick | NJ | 71 | $51,848 | $24,406† | +$421K |
| 130 | St. Mary's College of Maryland | MD | 71 | $51,483 | $18,441† | +$441K |
| 131 | Wayne State University | MI | 71 | $50,648 | $12,766† | +$455K |
| 132 | University of Northern Iowa | IA | 71 | $49,314 | $15,901† | +$430K |
| 133 | Binghamton University | NY | 71 | $48,120 | $21,620† | +$395K |
| 134 | University of Florida | FL | 71 | $42,349 | $6,541† | +$397K |
| 135 | Southern Methodist University | TX | 70 | $71,630 | $40,892 | +$553K |
| 136 | Drexel University | PA | 70 | $70,967 | $38,509 | +$556K |
| 137 | Rhodes College | TN | 70 | $57,814 | $28,585 | +$464K |
| 138 | Brandeis University | MA | 70 | $57,299 | $35,736 | +$430K |
| 139 | St Olaf College | MN | 70 | $56,238 | $23,874 | +$467K |
| 140 | Canisius University | NY | 70 | $55,786 | $17,940 | +$486K |
| 141 | Marist University | NY | 70 | $55,614 | $41,544 | +$390K |
| 142 | Creighton University | NE | 70 | $54,827 | $31,568 | +$422K |
| 143 | University of South Dakota | SD | 70 | $52,857 | $19,858† | +$449K |
| 144 | Kansas State University | KS | 70 | $52,490 | $19,406† | +$447K |
| 145 | Central Washington University | WA | 70 | $52,129 | $18,476† | +$447K |
| 146 | Pace University | NY | 70 | $51,426 | $30,892 | +$391K |
| 147 | Towson University | MD | 70 | $50,910 | $17,413† | +$439K |
| 148 | University of Pittsburgh-Johnstown | PA | 70 | $50,529 | $18,202† | +$432K |
| 149 | Ohio State University-Main Campus | OH | 70 | $50,209 | $17,339† | +$433K |
| 150 | Portland State University | OR | 70 | $47,865 | $9,552† | +$440K |
| 151 | University of South Florida | FL | 70 | $47,351 | $9,812† | +$434K |
| 152 | Grinnell College | IA | 70 | $46,791 | $17,648 | +$397K |
| 153 | Virginia Military Institute | VA | 70 | $46,046 | $17,113† | +$392K |
| 154 | Indiana University-Indianapolis | IN | 70 | $45,443 | $11,668† | +$408K |
| 155 | Missouri State University-Springfield | MO | 70 | $44,898 | $17,613† | +$379K |
| 156 | Florida International University | FL | 70 | $42,314 | $9,288† | +$386K |
| 157 | California State University-Fullerton | CA | 70 | $39,993 | $6,555† | +$374K |
| 158 | Providence College | RI | 69 | $69,364 | $48,523 | +$500K |
| 159 | Elon University | NC | 69 | $69,298 | $41,555 | +$527K |
| 160 | Villanova University | PA | 69 | $67,065 | $43,756 | +$496K |
| 161 | John Carroll University | OH | 69 | $65,098 | $28,746 | +$536K |
| 162 | Muhlenberg College | PA | 69 | $59,122 | $28,905 | +$476K |
| 163 | Saint Johns University | MN | 69 | $54,752 | $25,672 | +$445K |
| 164 | University of Wisconsin-La Crosse | WI | 69 | $53,595 | $16,210† | +$471K |
| 165 | University of Missouri-Columbia | MO | 69 | $52,635 | $20,268† | +$445K |
| 166 | Hampden-Sydney College | VA | 69 | $52,155 | $22,400 | +$432K |
| 167 | University of Wisconsin-Eau Claire | WI | 69 | $51,344 | $16,550† | +$447K |
| 168 | Texas A&M University-College Station | TX | 69 | $49,738 | $21,315† | +$412K |
| 169 | University of Massachusetts-Boston | MA | 69 | $46,523 | $17,707† | +$394K |
| 170 | Northern Illinois University | IL | 69 | $45,386 | $13,391† | +$400K |
| 171 | San Diego State University | CA | 69 | $44,125 | $15,364† | +$380K |
| 172 | Fairfield University | CT | 68 | $74,023 | $48,095 | +$548K |
| 173 | Smith College | MA | 68 | $71,559 | $27,579 | +$605K |
| 174 | The College of New Jersey | NJ | 68 | $62,218 | $27,646† | +$512K |
| 175 | Hobart William Smith Colleges | NY | 68 | $61,946 | $31,563 | +$493K |
| 176 | Oberlin College | OH | 68 | $61,713 | $38,645 | +$463K |
| 177 | St Lawrence University | NY | 68 | $57,829 | $28,651 | +$464K |
| 178 | Grand Valley State University | MI | 68 | $53,985 | $16,317† | +$475K |
| 179 | Western Kentucky University | KY | 68 | $53,857 | $10,990† | +$495K |
| 180 | University of Connecticut | CT | 68 | $52,227 | $25,097† | +$422K |
| 181 | Wabash College | IN | 68 | $51,815 | $24,336 | +$421K |
| 182 | University of Iowa | IA | 68 | $50,223 | $22,531† | +$412K |
| 183 | University of Arizona | AZ | 68 | $47,908 | $16,674† | +$412K |
| 184 | Oregon State University-Cascades Campus | OR | 68 | $45,708 | $18,048† | +$385K |
| 185 | University of Kansas | KS | 68 | $45,420 | $18,059† | +$382K |
| 186 | Stony Brook University | NY | 68 | $44,349 | $18,784† | +$368K |
| 187 | CUNY Lehman College | NY | 68 | $44,258 | $3,148† | +$430K |
| 188 | University of California-Irvine | CA | 68 | $44,087 | $14,251† | +$384K |
| 189 | Washington State University | WA | 68 | $39,762 | $14,971† | +$338K |
| 190 | University of St Thomas | MN | 67 | $60,323 | $29,155 | +$487K |
| 191 | The University of the South | TN | 67 | $58,532 | $27,872 | +$474K |
| 192 | Pennsylvania State University-Main Campus | PA | 67 | $55,418 | $32,875† | +$423K |
| 193 | California State University-Stanislaus | CA | 67 | $51,815 | $6,067† | +$494K |
| 194 | University of Colorado Boulder | CO | 67 | $51,521 | $25,346† | +$414K |
| 195 | University of North Texas | TX | 67 | $51,316 | $15,649† | +$451K |
| 196 | University of Minnesota-Duluth | MN | 67 | $50,873 | $18,743† | +$434K |
| 197 | Albion College | MI | 67 | $48,756 | $14,301 | +$430K |
| 198 | The University of Texas at Dallas | TX | 67 | $47,034 | $18,267† | +$397K |
| 199 | Indiana University of Pennsylvania | PA | 67 | $46,860 | $16,804† | +$401K |
| 200 | University of Missouri-St Louis | MO | 67 | $46,583 | $15,071† | +$406K |
| 201 | Oregon State University | OR | 67 | $45,708 | $19,604† | +$379K |
| 202 | St. John's University-New York | NY | 67 | $45,301 | $29,999 | +$333K |
| 203 | University of Wisconsin-Milwaukee | WI | 67 | $44,327 | $15,014† | +$383K |
| 204 | California State University-San Marcos | CA | 67 | $40,155 | $10,229† | +$361K |
| 205 | Colorado College | CO | 66 | $58,082 | $33,375 | +$447K |
| 206 | Allegheny College | PA | 66 | $51,722 | $22,940 | +$425K |
| 207 | Washington College | MD | 66 | $50,835 | $27,898 | +$397K |
| 208 | Central Michigan University | MI | 66 | $48,636 | $17,597† | +$416K |
| 209 | CUNY York College | NY | 66 | $47,940 | $4,456† | +$462K |
| 210 | The University of Tennessee-Knoxville | TN | 66 | $46,302 | $18,976† | +$387K |
| 211 | University of Oregon | OR | 66 | $45,941 | $22,182† | +$371K |
| 212 | Augsburg University | MN | 66 | $45,720 | $23,873 | +$362K |
| 213 | Cleveland State University | OH | 66 | $44,759 | $14,764† | +$389K |
| 214 | California State Polytechnic University-Pomona | CA | 66 | $39,836 | $11,531† | +$352K |
| 215 | CUNY Queens College | NY | 66 | $39,377 | $4,195† | +$377K |
| 216 | Occidental College | CA | 65 | $64,885 | $38,263 | +$496K |
| 217 | Kenyon College | OH | 65 | $58,082 | $38,512 | +$427K |
| 218 | Dickinson College | PA | 65 | $53,990 | $37,607 | +$389K |
| 219 | Stonehill College | MA | 65 | $53,303 | $33,016 | +$401K |
| 220 | Millersville University of Pennsylvania | PA | 65 | $51,960 | $20,787† | +$436K |
| 221 | Washington & Jefferson College | PA | 65 | $50,402 | $25,002 | +$404K |
| 222 | Colorado State University-Fort Collins | CO | 65 | $48,462 | $21,279† | +$400K |
| 223 | State University of New York at New Paltz | NY | 65 | $47,363 | $18,809† | +$398K |
| 224 | Whitman College | WA | 65 | $46,832 | $33,313 | +$335K |
| 225 | East Carolina University | NC | 65 | $46,425 | $15,739† | +$401K |
| 226 | Western Washington University | WA | 65 | $45,401 | $21,193† | +$369K |
| 227 | Radford University | VA | 65 | $45,189 | $14,578† | +$394K |
| 228 | Spelman College | GA | 64 | $59,907 | $38,967 | +$443K |
| 229 | University of San Francisco | CA | 64 | $58,046 | $41,431 | +$415K |
| 230 | Fordham University | NY | 64 | $55,020 | $44,338 | +$373K |
| 231 | Texas Christian University | TX | 64 | $54,462 | $36,660 | +$398K |
| 232 | Lake Forest College | IL | 64 | $53,529 | $28,673 | +$421K |
| 233 | Ursinus College | PA | 64 | $52,496 | $30,536 | +$403K |
| 234 | Lebanon Valley College | PA | 64 | $51,183 | $26,979 | +$404K |
| 235 | North Carolina A & T State University | NC | 64 | $45,446 | $10,846† | +$411K |
| 236 | Texas Tech University | TX | 64 | $44,292 | $19,070† | +$367K |
| 237 | Illinois State University | IL | 64 | $44,015 | $19,398† | +$363K |
| 238 | State University of New York at Plattsburgh | NY | 64 | $43,977 | $17,156† | +$371K |
| 239 | SUNY Buffalo State University | NY | 64 | $41,547 | $11,346† | +$370K |
| 240 | Georgia State University | GA | 64 | $40,598 | $15,931† | +$342K |
| 241 | University of Illinois Chicago | IL | 64 | $37,767 | $10,974† | +$334K |
| 242 | St Catherine University | MN | 63 | $64,916 | $19,764 | +$570K |
| 243 | Ball State University | IN | 63 | $56,782 | $14,940† | +$508K |
| 244 | Syracuse University | NY | 63 | $55,974 | $38,793 | +$405K |
| 245 | Denison University | OH | 63 | $55,087 | $40,007 | +$391K |
| 246 | Siena University | NY | 63 | $54,328 | $33,733 | +$408K |
| 247 | Bowling Green State University-Main Campus | OH | 63 | $52,864 | $24,022† | +$433K |
| 248 | University of South Carolina-Columbia | SC | 63 | $48,149 | $22,811† | +$390K |
| 249 | University of Colorado Colorado Springs | CO | 63 | $46,748 | $15,788† | +$404K |
| 250 | Hanover College | IN | 63 | $45,740 | $21,829 | +$370K |
| 251 | University of Mary Washington | VA | 63 | $45,153 | $20,667† | +$369K |
| 252 | Gonzaga University | WA | 63 | $44,845 | $35,119 | +$308K |
| 253 | University of New Mexico-Main Campus | NM | 63 | $43,656 | $15,489† | +$375K |
| 254 | California State University-Long Beach | CA | 63 | $38,475 | $10,440† | +$343K |
| 255 | California State University-San Bernardino | CA | 63 | $37,679 | $4,564† | +$359K |
| 256 | Seton Hall University | NJ | 62 | $51,464 | $31,446 | +$389K |
| 257 | Fort Hays State University | KS | 62 | $50,690 | $12,569† | +$457K |
| 258 | University of Pittsburgh-Pittsburgh Campus | PA | 62 | $50,529 | $30,434† | +$384K |
| 259 | Temple University | PA | 62 | $48,242 | $28,198† | +$370K |
| 260 | University of Central Florida | FL | 62 | $47,743 | $10,411† | +$436K |
| 261 | Saint Michael's College | VT | 62 | $47,211 | $25,239 | +$371K |
| 262 | Willamette University | OR | 62 | $45,993 | $25,121 | +$359K |
| 263 | Christopher Newport University | VA | 62 | $45,309 | $23,015† | +$361K |
| 264 | College of Staten Island CUNY | NY | 62 | $43,227 | $5,579† | +$410K |
| 265 | Central Connecticut State University | CT | 62 | $41,910 | $16,857† | +$352K |
| 266 | University of Central Missouri | MO | 62 | $41,076 | $14,462† | +$353K |
| 267 | California State University-Northridge | CA | 62 | $35,628 | $7,021† | +$328K |
| 268 | CUNY Hunter College | NY | 62 | $34,580 | $2,984† | +$334K |
| 269 | American University | DC | 61 | $58,151 | $41,943 | +$414K |
| 270 | University of Dallas | TX | 61 | $55,732 | $22,610 | +$467K |
| 271 | Case Western Reserve University | OH | 61 | $53,148 | $41,190 | +$367K |
| 272 | Franklin and Marshall College | PA | 61 | $52,801 | $36,425 | +$382K |
| 273 | Worcester State University | MA | 61 | $50,463 | $13,381† | +$451K |
| 274 | Ohio University-Main Campus | OH | 61 | $46,655 | $21,637† | +$380K |
| 275 | Tulane University of Louisiana | LA | 61 | $46,386 | $39,949 | +$304K |
| 276 | Clemson University | SC | 61 | $45,075 | $22,253† | +$362K |
| 277 | South Dakota State University | SD | 61 | $44,663 | $19,841† | +$367K |
| 278 | William Paterson University of New Jersey | NJ | 61 | $43,148 | $18,745† | +$356K |
| 279 | Westfield State University | MA | 61 | $41,085 | $16,721† | +$344K |
| 280 | Northeastern Illinois University | IL | 61 | $40,004 | $14,109† | +$344K |
| 281 | California State University-Chico | CA | 61 | $37,432 | $14,480† | +$316K |
| 282 | Georgetown University | DC | 60 | $84,460 | $40,815 | +$681K |
| 283 | Western Colorado University | CO | 60 | $53,403 | $16,425† | +$468K |
| 284 | Loyola Marymount University | CA | 60 | $53,206 | $48,381 | +$339K |
| 285 | University of Southern Maine | ME | 60 | $49,173 | $13,596† | +$437K |
| 286 | Florida Gulf Coast University | FL | 60 | $47,344 | $12,568† | +$423K |
| 287 | Marquette University | WI | 60 | $46,400 | $31,487 | +$338K |
| 288 | University of West Georgia | GA | 60 | $39,899 | $12,786† | +$348K |
| 289 | Kent State University at Kent | OH | 59 | $56,731 | $20,787† | +$484K |
| 290 | Pepperdine University | CA | 59 | $54,267 | $58,098 | +$310K |
| 291 | University of California-Riverside | CA | 59 | $37,149 | $14,304† | +$314K |
| 292 | Whitworth University | WA | 58 | $63,134 | $26,534 | +$525K |
| 293 | Wheaton College | IL | 58 | $62,889 | $26,975 | +$521K |
| 294 | Bridgewater State University | MA | 58 | $43,682 | $16,383† | +$371K |
| 295 | University of Rhode Island | RI | 58 | $43,444 | $21,440† | +$349K |
| 296 | Southern Utah University | UT | 58 | $43,266 | $10,462† | +$391K |
| 297 | University of Kentucky | KY | 58 | $41,713 | $18,851† | +$342K |
| 298 | Eastern Washington University | WA | 58 | $37,368 | $13,886† | +$318K |
| 299 | CUNY John Jay College of Criminal Justice | NY | 58 | $33,709 | $3,203† | +$324K |
| 300 | University of Cincinnati-Main Campus | OH | 57 | $58,590 | $25,648† | +$483K |
| 301 | Olivet Nazarene University | IL | 57 | $54,169 | $20,729 | +$459K |
| 302 | University of Nevada-Reno | NV | 57 | $47,766 | $15,927† | +$414K |
| 303 | Montana State University | MT | 57 | $47,098 | $22,499† | +$381K |
| 304 | University at Buffalo | NY | 57 | $40,078 | $20,995† | +$317K |
| 305 | Assumption University | MA | 56 | $58,954 | $29,498 | +$472K |
| 306 | North Central College | IL | 56 | $52,728 | $21,044 | +$443K |
| 307 | University of North Florida | FL | 56 | $41,519 | $10,154† | +$375K |
| 308 | Hendrix College | AR | 56 | $40,445 | $24,149 | +$308K |
| 309 | University at Albany | NY | 56 | $37,188 | $17,167† | +$303K |
| 310 | University of Nevada-Las Vegas | NV | 56 | $30,432 | $10,359† | +$263K |
| 311 | Pitzer College | CA | 55 | $59,767 | $34,191 | +$461K |
| 312 | University of Puget Sound | WA | 55 | $48,153 | $38,394 | +$328K |
| 313 | Monmouth College | IL | 55 | $47,048 | $17,133 | +$402K |
| 314 | Rowan University | NJ | 55 | $38,580 | $22,408† | +$296K |
| 315 | Commonwealth University of Pennsylvania | PA | 55 | $35,051 | $15,699† | +$288K |
| 316 | Drew University | NJ | 55 | $33,639 | $24,280 | +$239K |
| 317 | Furman University | SC | 54 | $55,615 | $30,308 | +$435K |
| 318 | Saint Norbert College | WI | 54 | $53,350 | $26,172 | +$429K |
| 319 | University of Maine | ME | 54 | $46,159 | $17,510† | +$392K |
| 320 | Morehouse College | GA | 54 | $40,726 | $39,013 | +$251K |
| 321 | Southern Illinois University-Carbondale | IL | 54 | $37,798 | $13,297† | +$325K |
| 322 | The University of Tampa | FL | 53 | $54,284 | $36,211 | +$398K |
| 323 | Moravian University | PA | 53 | $53,999 | $30,670 | +$417K |
| 324 | Reed College | OR | 53 | $53,110 | $33,013 | +$399K |
| 325 | Emmanuel College | MA | 53 | $51,698 | $26,706 | +$410K |
| 326 | University of Northern Colorado | CO | 53 | $45,257 | $17,760† | +$382K |
| 327 | SUNY at Purchase College | NY | 53 | $34,297 | $18,913† | +$267K |
| 328 | State University of New York at Oswego | NY | 53 | $31,597 | $16,236† | +$251K |
| 329 | Lewis & Clark College | OR | 52 | $49,576 | $36,013 | +$352K |
| 330 | Goucher College | MD | 52 | $46,774 | $22,470 | +$378K |
| 331 | Boise State University | ID | 52 | $46,137 | $21,610† | +$375K |
| 332 | University of Vermont | VT | 52 | $38,452 | $19,343† | +$307K |
| 333 | Rollins College | FL | 52 | $36,115 | $34,732 | +$222K |
| 334 | Appalachian State University | NC | 52 | $33,742 | $16,836† | +$270K |
| 335 | Bryant University | RI | 51 | $52,020 | $41,219 | +$355K |
| 336 | Texas State University | TX | 51 | $43,064 | $16,805† | +$363K |
| 337 | University of Miami | FL | 51 | $42,129 | $37,244 | +$272K |
| 338 | DePaul University | IL | 51 | $37,151 | $30,902 | +$248K |
| 339 | University of Hawaii at Manoa | HI | 51 | $35,041 | $15,664† | +$288K |
| 340 | Clark University | MA | 51 | $34,023 | $28,714 | +$225K |
| 341 | Quinnipiac University | CT | 50 | $48,340 | $40,675 | +$321K |
| 342 | Pacific Lutheran University | WA | 50 | $43,806 | $19,589 | +$360K |
| 343 | University of Central Arkansas | AR | 50 | $41,919 | $16,511† | +$353K |
| 344 | California State University-Los Angeles | CA | 50 | $32,877 | $3,967† | +$313K |
| 345 | Kalamazoo College | MI | 49 | $42,508 | $19,072 | +$349K |
| 346 | Coe College | IA | 49 | $42,311 | $18,745 | +$348K |
| 347 | University of Massachusetts-Lowell | MA | 49 | $41,910 | $17,163† | +$350K |
| 348 | Austin College | TX | 49 | $33,957 | $21,107 | +$255K |
| 349 | Calvin University | MI | 47 | $43,746 | $22,992 | +$345K |
| 350 | Montclair State University | NJ | 47 | $39,375 | $15,566† | +$331K |
| 351 | Seattle Pacific University | WA | 46 | $41,502 | $24,488 | +$317K |
| 352 | University of North Carolina Asheville | NC | 45 | $28,301 | $12,250† | +$234K |
| 353 | University of Dayton | OH | 42 | $34,671 | $29,533 | +$229K |
| 354 | Knox College | IL | 42 | $23,222 | $24,595 | +$134K |
| 355 | Carthage College | WI | 39 | $36,493 | $26,565 | +$259K |
| 356 | Eastern Michigan University | MI | 34 | $30,569 | $15,407† | +$244K |
| 357 | Winston-Salem State University | NC | 32 | $25,653 | $13,479† | +$203K |
Top 10 programs by 10-year net ROI
Why these schools rank where they do
Harvard takes the #1 spot because its economics department operates as a high-speed rail line directly to Wall Street and elite management consulting. Firms like Goldman Sachs, McKinsey, and Bridgewater Associates actively recruit Harvard undergrads, knowing they have survived a rigorous, highly quantitative curriculum while building an unmatched peer network. The university's famously generous financial aid for low-to-middle-income students also keeps the net price artificially low, catapulting its return on investment.
But the most striking takeaway from this ranking isn't the Ivy League—it is the absolute dominance of elite liberal arts colleges. Amherst (#5), Williams (#8), Claremont McKenna (#10), and a slew of NESCAC schools like Colby, Bowdoin, and Middlebury crowd the top 20. To an outsider, a small college in the woods of Maine or Massachusetts might not scream "global finance." But inside the industry, these schools are notorious target campuses. Their economics programs are grueling, and their alumni networks on Wall Street are fiercely loyal, actively pulling younger graduates into lucrative analyst roles. Claremont McKenna, in particular, was practically built to funnel students into finance and corporate strategy, boasting specialized research institutes that give undergrads MBA-level financial modeling experience.
You will also notice the University of Chicago sitting comfortably at #3. UChicago economics is a brand unto itself—famous for a fiercely theoretical, math-heavy approach that makes its graduates highly prized by quantitative hedge funds. Meanwhile, the only public universities to crack the top 25 are UC Berkeley and the University of Michigan. Both are massive, highly selective public research powerhouses with legendary alumni networks, proving you don't need a private school price tag to access top-tier employer pipelines.
What is Economics?
Economics is the study of how individuals, corporations, and governments allocate scarce resources to maximize value. Day-to-day, graduates are typically buried in statistical software and spreadsheets—building complex financial models, forecasting market trends, or analyzing how a shift in interest rates will impact a company's bottom line.
Frequently asked questions
Do I need to be good at math to major in economics?
Yes. While introductory courses focus on theory and concepts, upper-level economics is heavily quantitative. You will spend a significant amount of time studying econometrics, statistics, and calculus. Employers value economics majors precisely because they have the mathematical chops to handle complex data sets and statistical modeling.
Is economics better than a finance or business degree?
At the elite level, yes. Many of the top universities on this list—including Harvard, Stanford, and UChicago—do not even offer an undergraduate business degree. Top-tier employers in investment banking and strategy consulting often prefer economics majors because the coursework is viewed as more intellectually rigorous and theoretical than a standard business administration curriculum.
Will I actually work as an "economist"?
Probably not. The vast majority of undergraduate economics majors become financial analysts, consultants, data scientists, or corporate strategists. If your goal is to work as a literal economist for the Federal Reserve, a major think tank, or in academia, you will almost certainly need to pursue a Ph.D.