Majoring in Econometrics and Quantitative Economics is a valuable choice and ordinarily a necessary first step for pupils choosing to enter a career as a budget analyst, an econometrist, or an external auditor. Interestingly, econometrics and quantitative economics is of average popularity ranking as the 55th most popular area of study. Last year alone, there were 9,050 econometrics and quantitative economics degrees conferred. In-state tuition for econometrics and quantitative economics at private schools is, on average, 4.5 times more pricey than their public rivals.
With just 104 colleges having programs for econometrics and quantitative economics you may have a more finite list of the institutions you can choose from. If you're hoping to immerse yourself with other econometrics and quantitative economics students, consider universities in California which have more students admitted to econometrics and quantitative economics than any other state. Zooming out, the best region to pursue econometrics and quantitative economics is in the New England region with Boston College, Harvard University, and Northeastern University best representing the region. Interestingly, our selection of the best conference to major in econometrics and quantitative economics is the Ivy League with Harvard University, Columbia University in the City of New York, and Cornell University representing the conference. That being said, our choice for the best school for econometrics and quantitative economics is Massachusetts Institute of Technology. You may also want to check out our list of the best colleges.
The best school does not have to be the 'best' school for you. There might be tons of factors to consider when selecting institution. Things like campus amenities, transportation services, and food would definitely impact your thoughts of where to go to school. At Authority, we've evaluated the pros and cons for you. If, for example, you want to know which econometrics and quantitative economics school is home to the best campus, the winner is Harvard University. If you are very interested in which college has the finest campus, we have a whole page dedicated to that. We have carefully pored through government databases, student reviews, professor reviews, and more to compare every major in the United States in an unbiased and informative way. You can find our comprehensive list for the colleges with the best student life here and our selection for the school with the best student life for econometrics and quantitative economics is Cornell University. Curious why? Continue reading to learn more about our top selections. Some of our picks just might surprise you.
If price is a major influence in your decisions, you might be cautious about Columbia University in the City of New York. Columbia University in the City of New York appears to be our most expensive school for econometrics and quantitative economics, at least for out of state enrollment. We have a list of the most expensive colleges that could put the price tag at Columbia University in the City of New York into perspective. For more context, you could care to know that econometrics and quantitative economics is the 4th most expensive program in the United States, with an average associated cost of $55,000. On a broader scale, the most costly state for econometrics and quantitative economics nationally is District of Columbia demonstrated with a cost of $54,453 at George Washington University. To zoom out even further, the most costly region of the U.S. for econometrics and quantitative economics is the New England region which is best demonstrated with Amherst College with a cost of $57,640, Tufts University with a cost of $57,324, and Brown University with a cost of $57,112.
Our cheapest region for econometrics and quantitative economics is the Rocky Mountains region which is represented by University of Colorado Denver/Anschutz Medical Campus with a cost of $24,408, University of Utah with a cost of $26,017, and University of Wyoming with a cost of $13,392. On the bright side, the most affordable school for econometrics and quantitative economics is University of California-Santa Barbara. Our entire list of the most affordable colleges can be found here.
In-state students can anticipate paying in the neighborhood of $12,100 for a degree in econometrics and quantitative economics. That cost balloons dramatically to a median of $31,800 for the out-of-state public-school undergrad. Our pick for the university representing the best value for econometrics and quantitative economics: Massachusetts Institute of Technology. Here you will see our comprehensive list of the colleges we believe to be the best value in general. That being said, this discussion is predicated on the assumption that you are an out-of-state student. A discussion of value changes when it comes to in-state tuition, as such, we are using out-of-state tuition as the baseline.
Earnings for econometrics and quantitative economics majors differ widely, but two years after completing the major graduates will typically earn around $55,000. There can be much variation in earnings potential; highest paid earners can rake in up to $124,200. Even straight out of university, the lowest end positions within the econometrics and quantitative economics field earn $24,000, which isn't that bad. The top earning grads from econometrics and quantitative economics graduated from Massachusetts Institute of Technology and if you are looking for universities with all of the highest earning graduates, Authority has that too.
The general diversity of econometrics and quantitative economics sits very high, being within the 99th percentile of all programs. The college with the most composite diversity for econometrics and quantitative economics is Massachusetts Institute of Technology and here you can find our comprehensive list of the colleges which have the most diversity. The overall financial diversity of the Econometrics and Quantitative Economics major is only within the 19th percentile of all majors. Racial diversity is actually greater, ranking in the 93rd percentile. Students who are not latino, asian, white, or black make up the largest proportion at 37% of those studying econometrics and quantitative economics. Additionally, 61% of students pursuing an econometrics and quantitative economics major are men.
We have insufficient professors data for econometrics and quantitative economics to make the conclusions we normally would have made in this sentence. If we incorporate data beyond just rankings we find that the university with comprehensively the best instructors for econometrics and quantitative economics is Massachusetts Institute of Technology. You will find an explanation of our evolving ranking methodology of the best overall professors here, as well as many of the finest examples of professors in the country.
Finally, the hardest college to get into for econometrics and quantitative economics is Stanford University. While we do not necessarily see the value in it, we do have a general list of the hardest colleges to get into. That being said, we hope you understand that looking at the higher education world from context primarily built on superlatives might create issues. We hope you explore our other pages on different topics and read some of our helpful background 'blog posts' on important details to look out for as your university search continues.