Minnesota · Economics

Best Economics institutions in Minnesota, ranked by earnings

The Economics program provides students with a comprehensive understanding of the production, distribution, and consumption of goods and services. It explores how economies function and how individuals respond to various incentives, making…

Institutions
21
offering CIP 45.06
States offered
9
with a program page
Degrees / yr
560
IPEDS completions 2026
Median grad earnings
$56,238
1 year after graduation
With earnings data
10
College Scorecard
Median net price
$21,441
IPEDS 2026
Avg graduation rate
66%
IPEDS 2026
State pay · Economists
$112,460
BLS OEWS 2024

Top 10 institutions, ranked by graduate earnings

Earnings = median 1 year after graduation (College Scorecard).

#InstitutionGrad earnings (1 yr)CompletionsGrad rateNet priceMedian debt
1Carleton College
Northfield Private not-for-profit · Bachelor's degree
$66,5673290%$18,669$19,500
2St Catherine University
Saint Paul Private not-for-profit · Bachelor's degree
$64,916561%$21,042$30,215
3University of St Thomas
Saint Paul Private not-for-profit · Bachelor's degree
$60,3234476%$28,888$24,600
4Macalester College
Saint Paul Private not-for-profit · Bachelor's degree
$59,7524687%$21,441$24,000
5University of Minnesota - Twin Cities
Minneapolis Public · Bachelor's degree
$56,90225585%$21,500
6St Olaf College
Northfield Private not-for-profit · Bachelor's degree
$56,2386084%$18,124$27,000
7Saint Johns University
Collegeville Private not-for-profit · Bachelor's degree
$54,7521975%$19,900$27,000
8Gustavus Adolphus College
Saint Peter Private not-for-profit · Bachelor's degree
$52,4391477%$21,607$24,474
9University of Minnesota - Duluth
Duluth Public · Bachelor's degree
$50,8731165%$25,250
10Augsburg University
Minneapolis Private not-for-profit · Bachelor's degree
$45,720552%$23,585$27,000

Career outlook

What this program leads to: Economists (SOC 19-3011).

Projected growth (2024–2034)
+1.2%
Little or no change
Openings / yr (US)
~900
BLS Employment Projections
US median wage
$115,440
typically Master's degree

Top skills

Critical ThinkingMathematicsReading ComprehensionSpeakingActive ListeningWriting

What Economists earn in Minnesota

Jobs in Minnesota
210
BLS OEWS May 2024
State average pay
$112,460
median $107,470
Best-paying metro
$116,160
Minneapolis-St. Paul-Bloomington, MN-WI

Related careers

Market Research Analysts and Marketing Specialists
$89,940 avg · 24,650 jobs
Data Scientists
$118,110 avg · 3,500 jobs
Statisticians
$90,810 avg · 1,010 jobs
Economics Teachers, Postsecondary
$125,420 avg · 240 jobs

Common questions

Answers for students comparing Economics programs in Minnesota.

Which Economics program in Minnesota has the highest-earning graduates?+

By median earnings one year after graduation (College Scorecard), Carleton College tops the list at $66,567. Compare it against completions, graduation rate, cost, and debt in the ranked table above.

How much do Economists earn in Minnesota?+

The average annual wage for Economists in Minnesota is $112,460 (median $107,470), across about 210 jobs. Source: BLS OEWS, May 2024.

What is the focus of the Economics program?+

The Economics program provides students with a comprehensive understanding of the production, distribution, and consumption of goods and services. It explores how economies function and how individuals respond to various incentives, making…

What skills will I develop in this program?+

You will develop critical thinking, mathematics, reading comprehension, speaking, and related professional skills.

What is the job outlook for Economists?+

The national job outlook is about +1.2% growth with around 900 annual openings (BLS Employment Projections 2024–2034).

What is the typical education requirement?+

A Master's degree is the typical entry-level education for this field (BLS).

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