Top 10 USA Colleges To Pursue Master’s In Economics in 2025

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Meridean Overseas

21 November 2024

1k

Planning to Study Abroad in the field of economics? Great Choice, but are you aware of the top Economic Colleges & Universities in the USA? But Why USA?

 

The USA has some of the world’s best & highly ranked universities offering master's degrees in the field of economics. Not only the universities but also your degree from USA-based universities can help you land high-paying jobs.

 

top-usa-colleges-for-masters-economics

 

As of the recent data from the US Bureau of Labour Statistics, in 2023 the average salary for professionals with Masters in Economics stood at $115,730. Hence, the degree can promise a better career along with fulfilling your dream of “Study Abroad in USA”.

 

To further ease, your search journey we have prepared a list of the top 10 colleges worth considering if you are planning to study Master's in Economics in the USA.

Top 10 Economics Colleges To Pursue Master’s Degree

Massachusetts Institute of Technology (MIT)

MIT Economics

 

The QS world university rankings have ranked MIT as #2 in the world for its master's in economics program. Not only that but also MIT has been ranked as the best university constantly for over a decade. Hence, it justifies the education quality and the academic reputation of the university. 

 

The tuition fee for studying Master in Economics at MIT is $83,405. However, along with this, several grants & scholarship options exist that can be availed to ease your financial burden. Several options such as first-year grants as well as other outside scholarships & grants are available that can financially help you to stay and study in the USA. 

Stanford University

Stanford Department of Economics

 

The master's program at Stanford University has been ranked as third-best in the world as per the QS World University Ranking. However, certain eligibility criteria need to be fulfilled to get admission or secure your seat for the master's in economics program at Stanford. 

 

You can connect with experienced study abroad consultants as well as reach out to the admission office at Stanford University to get detailed info regarding the academic fee. Further, international students planning to enrol for a master's in Economics at Stanford University can also avail of scholarships, fellowships, and stipend support as well as look for other funding supports. 

Harvard University 

Department of Economics 

 

The university has been ranked as the best or #1 in the subject of economics. Not only the master's but also the school offers other graduate and doctorate level programs at Harvard University. The course program offered at the university aims to train professionals and prepare them to be an economics expert who can help shape a better future. 

 

The tuition fee for a master’s degree at Harvard University is $55,656 per year, and in addition to that the cost associated with housing, food & transportation as well as other activity fees should be considered. To offer financial support to students, Harvard University has introduced several fellowships and other grant options. Apart from these, you can also avail of the John Harvard Scholarship, Harvard International Student Scholarships & several other scholarship options. 

University of Chicago

Kenneth C. Griffin Department of Economics

 

The university and its department have been ranked 4th among the global universities/colleges offering degrees in the field of Economics. The university offers a range of programs in the business and management field ensuring that the students can better be trained to be future leaders. 

 

The exact data concerning the fees of the master's program in Economics at the University of Chicago is not available. Hence, a better approach can be to reach out to academic counsellors to learn more. You can reach out to the best counsellors or the best overseas education consultant to get relevant details and plan your study abroad journey at Meridean Overseas. 

Princeton University 

The university has been ranked as the #5 best university globally as per the QS world ranking, hence studying at the university not only guarantees you academic success but also can help you be a part of a prestigious global institution. 

 

Further, focusing on the tuition fee it can be identified that to study at Princeton University, you might need to pay approx $60,000-$62,000. Along with these, you will also be required to pay for the admission fee, and exam fees and bear the cost of living. However, for international students, the university also has several scholarships and financial assistance programs to provide required support & assistance. 

Yale University 

Yale Department of Economics

 

The department has specifically been set up to provide the required training and assistance to students interested in the field of economics. For this specific course, the university has been ranked #8 globally which reflects the quality of education offered by the university. Along with the master's, the university also offers undergraduate as well as PhD programs in Economics for international students. 

 

To pursue your master's in Economics at Yale University, you will be required to pay $49,500 per year. But no need to worry, if you have a great academic score, you can apply for several scholarship and financial assistance programs. Such an approach further involves a focus towards. Some commonly accepted scholarship programs include Yale Scholarships, Merit-based scholarships, entitlement grants and several others. 

Northwestern University 

Studying at Northwestern University can also be a great option if you are planning for a Master's in Economics. It can be a great option to “Study Abroad in USA” as Northwestern University has been ranked #15 globally by the QS world ranking. The tuition fee for a Master in Economics at Northwestern University is somewhere between $22,304/quarter. 

 

To get admission at the prestigious Northwestern University, you must have a GPA of 3.9 to 4.0, also required to pass the language eligibility Test “IELTS”. Further, if you have passed these eligibility requirements, you must go ahead, procure all the required documents and submit them within the due timeframe to secure your seat at the university. 

University of Pennsylvania 

Penn Economics

 

Apart from all the above-mentioned universities, several other exists that can help you fulfil your dream of studying abroad. Among these, a prestigious option is to study at the University of Pennsylvania. The university has been ranked #13 in the world having a detailed course structure that can train you to be an industry-ready professional. However, getting to the university can be quite challenging, because the acceptance rate at the university is just 8.10%. 

 

The fee for studying a Master in Economics at a University is somewhere around $59376 per academic year. Also, the cost tends to change or increase every year. Hence, the best approach is to connect with experienced overseas education consultants at Meridean Overseas to learn more. 

Duke University 

Duke University is further among the leading institutions offering a range of courses and degrees in the field of economics. You can enrol for Master of Arts in Economics (MAE), Master of Science in Economics & Computation (MSEC) and several others. The university has been ranked 21st among the top 25 global universities for economics. Hence, making the university the best option to consider and worth applying for your study abroad dreams. 

 

The tuition fee for the master's in Economics at Duke University is $65,120 per year & along with this, several other expenses concerning the cost of living, application fees & other costs need to be taken care of. However, you can get merit-based scholarships as well as other financial aid while applying at Duke University. 

Columbia University

The university has been ranked #10 as per the QS World University ranking offering the best course outcomes in the field of Economics. To get admission or to secure your seat for the economics degree at Columbia doesn’t require you to have a bachelor's or undergraduate degree in Economics, but you should have a strong knowledge of the field of economics. 

 

The tuition fee for a master's at Columbia University is $23,130 per year. But along with such hefty annual fees, there are options for scholarships and other financial aid. While applying at the university, you can opt for merit-based scholarships, Sena Eken Schieber Scholarship Award as well as other external scholarships offered by renowned institutions. 

Final Words

So now you are well aware of where to apply to get your study abroad dream fulfilled. You can also connect with the expert overseas education consultant at Meridean Overseas. We are a leading and trusted agency who have helped 100K+ students secure admission at their dream universities. Whether you are planning to Study Abroad in USA or Study Abroad in UK, our consultants will help you get to college and secure a seat in your preferred course. Still Confused? Book a free consultation session now.

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