Massachusetts·Life, Physical, and Social Science Occupations·SOC 19-3011

Best Economist programs in Massachusetts, ranked by enrollment

Conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy.

40 schools in Massachusetts run programs that feed this job, graduating 4,048 people a year. The job pays a median of $106,380 in Massachusetts across about 1,030 jobs (BLS OEWS May 2025).

Also calledEconomistEconomic AnalystForensic EconomistResearch EconomistResource EconomistEconomic ConsultantEnvironmental EconomistNatural Resource Economist
Graduates / yr
4,048
in Massachusetts
Median pay · Massachusetts
$106,380
BLS OEWS May 2025
Jobs in state
1,030
people employed
Schools
40
with a feeder program
Avg graduation rate
74%
across those schools
Median net price
$24,206
per year, IPEDS

Fields of study in Massachusetts that lead to this job

Grouped at the 4-digit CIP level. Numbers are graduates per year in this state.

12 programs in Massachusetts that lead to this job

Ranked by graduates per year in Massachusetts (IPEDS completions). Graduate earnings and debt are national College Scorecard figures reported at the 4-digit CIP level, so specializations within one field share a figure. Each program also links to its own Massachusetts page.

Degree programs that lead to this occupation, ranked by graduates per year
#ProgramGraduates / yrShare of pipelineSchoolsGrad earnings (1 yr)Median debt
12,175
53.7%
22$51,725$22,907
2826
20.4%
23$51,725$22,907
3740
18.3%
11$60,930$21,143
485
2.1%
2
576
1.9%
3$51,725$22,907
665
1.6%
5$53,269$21,962
758
1.4%
1
818
0.4%
1$48,728$23,761
92
0.0%
1$51,725$22,907
101
0.0%
1
111
0.0%
1$51,725$22,907
121
0.0%
1$35,631$23,538

Top 25 schools in Massachusetts

Ranked by graduates per year into this job. Graduate earnings are reported for 23 of the 40 schools in this state.

Schools ranked by graduates per year into this occupation
#SchoolGraduates / yrTop feeder programGrad earnings (1 yr)Grad rateNet priceAcceptance
1Boston University
Boston, MA Private not-for-profit · 5 feeder programs
622Economics, General$55,73389%$21,95611%
2Boston College
Chestnut Hill, MA Private not-for-profit · 2 feeder programs
474Econometrics and Quantitative Economics$72,09991%$21,12616%
3Northeastern University
Boston, MA Private not-for-profit · 3 feeder programs
456Econometrics and Quantitative Economics$70,53191%$18,9255%
4Harvard University
Cambridge, MA Private not-for-profit · 2 feeder programs
429Econometrics and Quantitative Economics$103,99398%$15,0134%
5University of Massachusetts - Amherst
Amherst, MA Public · 5 feeder programs
352Economics, General$52,30983%60%
6Massachusetts Institute of Technology
Cambridge, MA Private not-for-profit · 3 feeder programs
236Financial Mathematics96%$11,6665%
7Brandeis University
Waltham, MA Private not-for-profit · 3 feeder programs
197Econometrics and Quantitative Economics$57,29986%$25,07440%
8Tufts University
Medford, MA Private not-for-profit · 1 feeder programs
197Econometrics and Quantitative Economics$75,12594%$23,57011%
9Williams College
Williamstown, MA Private not-for-profit · 2 feeder programs
125Econometrics and Quantitative Economics$80,88894%$10,7478%
10College of the Holy Cross
Worcester, MA Private not-for-profit · 1 feeder programs
123Economics, General$69,28887%$24,53318%
11University of Massachusetts - Boston
Boston, MA Public · 2 feeder programs
89Economics, General$46,52349%84%
12Babson College
Wellesley, MA Private not-for-profit · 1 feeder programs
88Financial Mathematics93%$30,32617%
13Amherst College
Amherst, MA Private not-for-profit · 1 feeder programs
81Econometrics and Quantitative Economics$90,56894%$16,0819%
14Bentley University
Waltham, MA Private not-for-profit · 3 feeder programs
77Business/Managerial Economics$68,62787%$31,67745%
15Clark University
Worcester, MA Private not-for-profit · 3 feeder programs
71Financial Mathematics77%$23,33240%
16Northeastern University Professional Programs
Boston, MA Private not-for-profit · 1 feeder programs
62Econometrics and Quantitative Economics$70,531
17Wellesley College
Wellesley, MA Private not-for-profit · 1 feeder programs
62Econometrics and Quantitative Economics$86,36792%$19,29214%
18University of Massachusetts - Lowell
Lowell, MA Public · 3 feeder programs
60Economics, General$41,91065%83%
19Smith College
Northampton, MA Private not-for-profit · 2 feeder programs
43Econometrics and Quantitative Economics$71,55989%$17,18321%
20Suffolk University
Boston, MA Private not-for-profit · 3 feeder programs
37Econometrics and Quantitative Economics61%$28,89582%
21Mount Holyoke College
South Hadley, MA Private not-for-profit · 1 feeder programs
28Econometrics and Quantitative Economics84%$26,08336%
22Massachusetts College of Pharmacy and Health Sciences
Boston, MA Private not-for-profit · 1 feeder programs
18Pharmacoeconomics/Pharmaceutical Economics$47,88262%$35,35885%
23Bridgewater State University
Bridgewater, MA Public · 1 feeder programs
16Economics, General$43,68253%88%
24University of Massachusetts - Dartmouth
North Dartmouth, MA Public · 1 feeder programs
13Economics, General52%91%
25Emmanuel College
Boston, MA Private not-for-profit · 3 feeder programs
10Economics, General$51,69868%$29,72376%

All 40 schools in Massachusetts

Every school in Massachusetts with a program that feeds this job, ordered by graduates per year. Earnings are shown for the ranked schools above; open a school profile for the rest.

All schools in Massachusetts that feed this occupation
SchoolCityControlGraduates / yrFeeder programs
Boston UniversityBostonPrivate not-for-profit6225
Boston CollegeChestnut HillPrivate not-for-profit4742
Northeastern UniversityBostonPrivate not-for-profit4563
Harvard UniversityCambridgePrivate not-for-profit4292
University of Massachusetts - AmherstAmherstPublic3525
Massachusetts Institute of TechnologyCambridgePrivate not-for-profit2363
Brandeis UniversityWalthamPrivate not-for-profit1973
Tufts UniversityMedfordPrivate not-for-profit1971
Williams CollegeWilliamstownPrivate not-for-profit1252
College of the Holy CrossWorcesterPrivate not-for-profit1231
University of Massachusetts - BostonBostonPublic892
Babson CollegeWellesleyPrivate not-for-profit881
Amherst CollegeAmherstPrivate not-for-profit811
Bentley UniversityWalthamPrivate not-for-profit773
Clark UniversityWorcesterPrivate not-for-profit713

What economists earn in Massachusetts

What people already working in this job earn (BLS OEWS May 2025). Not graduate earnings.

Median annual in Massachusetts
$106,380
Mean annual
$133,270
Jobs in state
1,030
What the range looks like
10th pct$74,080Median$106,38090th pct$222,610
Versus the national median
-14.7%

U.S. median $124,720. Massachusetts pays below the national figure.

Job concentration
2.48×

Concentrated here: Massachusetts employs more of this job per worker than the U.S. average.

Metro areas in Massachusetts

Boston-Cambridge-Newton, MA-NH
$108,140median
820 jobs
Amherst Town-Northampton, MA
$94,030median
40 jobs
Worcester, MA
$99,990median
50 jobs

Job outlook

Bureau of Labor Statistics Employment Projections, 2024 to 2034.

Projected growth 2024–34
+1.2%
Little or no change
Openings per year
900
new jobs plus replacements
Employment change
200
17,600 → 17,800
Typical entry education
Master's degree

Growth and openings are national. The Bureau of Labor Statistics does not publish employment projections at state level, so these figures describe the occupation across the whole U.S., not this state alone.

How to get in

The full skills, tools, and day-to-day breakdown lives on the national Economists page.

How to become a Economist

Job zone 5 of 5 · SVP 8.0 and above
Typical entry education
Master's degree

Most of these occupations require graduate school. For example, they may require a master's degree, and some require a Ph.D., M.D., or J.D. (law degree).

Extensive skill, knowledge, and experience are needed for these occupations. Many require more than five years of experience. For example, surgeons must complete four years of college and an additional five to seven years of specialized medical training to be able to do their job.

Employees may need some on-the-job training, but most of these occupations assume that the person will already have the required skills, knowledge, work-related experience, and/or training.

Top skills

Reading ComprehensionCritical ThinkingWritingMathematicsActive ListeningActive Learning

The same job in other states

Where else this occupation employs the most people, and what it pays there.

Related careers in Massachusetts

Every major mapped to this job

The official federal mapping behind the rankings above.

All 16 majors mapped to Economists16 of them graduated someone in the latest IPEDS year. NCES CIP 2020 → SOC 2018 crosswalk.+
  • 01.0103Agricultural Economics
  • 03.0204Environmental/Natural Resource Economics
  • 27.0305Financial Mathematics
  • 30.3901Economics and Computer Science
  • 30.4001Economics and Foreign Language/Literature
  • 30.4901Mathematical Economics
  • 30.5101Philosophy, Politics, and Economics
  • 45.0601Economics, General
  • 45.0602Applied Economics
  • 45.0603Econometrics and Quantitative Economics
  • 45.0604Development Economics and International Development
  • 45.0605International Economics
  • 45.0699Economics, Other
  • 45.1004Political Economy
  • 51.2007Pharmacoeconomics/Pharmaceutical Economics
  • 52.0601Business/Managerial Economics

Common questions

Answers for people weighing economists programs in Massachusetts.

What degree do you need to become an Economist?+

Master's degree is the typical entry-level education BLS reports for this occupation. The most common program people actually graduate from is Econometrics and Quantitative Economics, which awarded 2,175 degrees in Massachusetts in 2024-25, 53.7% of everyone graduating from a program that feeds this career.

Which college majors lead to becoming an Economist?+

The NCES CIP-to-SOC crosswalk maps 12 programs to this occupation. The largest are Economics, Applied Mathematics, Economics and Computer Science, Business/Managerial Economics, plus 4 more. Together they graduate about 4,048 people a year in Massachusetts.

How much do economists earn in Massachusetts?+

The median is $106,380 a year (BLS OEWS May 2025). That is 14.7% below the U.S. median of $124,720. This is pay for people already working in the occupation, not the same thing as graduate earnings one year after finishing a degree.

Is demand for economists growing?+

BLS projects a +1.2% change in employment between 2024 and 2034, little or no change, with roughly 900 openings a year nationally once retirements and job changes are counted.

How many schools offer programs for this career in Massachusetts?+

40 institutions in Massachusetts reported graduates from at least one of the 12 programs that feed this occupation in IPEDS 2024-25. Rankings on this page use graduates per year, because the federal data publishes no enrollment count by program.

What other job titles do economists work under?+

Employers advertise this work under many names. O*NET records Economist, Economic Analyst, Forensic Economist, Research Economist, Resource Economist, Economic Consultant among the most commonly reported, all mapping to SOC 19-3011.

About the data on this page

Rankings use IPEDS completions 2024–25, degrees awarded per year. That is the closest federal measure of how many people a program puts into a career, because no federal dataset publishes enrollment by program. Wages and employment come from BLS OEWS May 2025, growth and openings from BLS Employment Projections 2024-34, and which majors lead to which jobs from the NCES CIP 2020 to SOC 2018 crosswalk. Occupation descriptions, tasks, skills and tools are O*NET 30.3 (CC BY 4.0, U.S. Department of Labor/ETA).

  • BLS Occupational Employment & Wage Statistics

    May 2025

    Wages, employment counts, location quotients and metro breakdowns.

  • BLS Employment Projections

    2024–34

    Projected growth, annual openings and typical entry-level education.

  • IPEDS Completions

    2024-25 (provisional)

    Graduates per year by program and institution — the ranking metric.

  • College Scorecard, Field of Study

    2020-21 cohorts

    Median graduate earnings one year after completion, and median debt.

  • Census Post-Secondary Employment Outcomes

    latest available

    Graduate earnings 1/5/10 years out, where the state participates.

  • NCES CIP 2020 and the CIP-to-SOC 2018 crosswalk

    CIP 2020 / SOC 2018

    Which college programs officially lead to this occupation.

  • O*NET Database 30.3

    30.3

    Tasks, skills, knowledge, tools, job zone and alternate job titles.

    Official source →CC BY 4.0, U.S. Department of Labor / ETA

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