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CIP 45.0603 Social Sciences

Econometrics and Quantitative Economics

IPEDS Completions, US Department of Education · 2025

Total graduates

25,277

2025 · 319 schools

International share

31.8%

8,028 international students

Bachelor's degrees

19,769

22.7% international

Master's degrees

4,235

63.8% international

Overview

Econometrics and Quantitative Economics is a specialized field that combines economic theory, mathematics, and statistical techniques to analyze economic data and test hypotheses. This discipline is essential for understanding complex economic relationships and making informed decisions based on empirical evidence.

Students in Econometrics and Quantitative Economics learn to apply various statistical methods to estimate economic models, evaluate economic policies, and predict future economic trends. Key topics often covered include regression analysis, time series analysis, panel data analysis, and causal inference. Mastery of these techniques enables graduates to interpret data effectively and derive meaningful insights into economic phenomena.

The program typically emphasizes both theoretical foundations and practical applications. Students are trained to use software tools like R, Stata, or Python for data analysis, which is crucial for conducting robust econometric research. Additionally, coursework often includes microeconomics, macroeconomics, and advanced mathematics, ensuring a comprehensive understanding of both the economic concepts and the quantitative methods used to analyze them.

Graduates of Econometrics and Quantitative Economics find opportunities in various sectors, including academia, government, finance, and consulting. They are equipped to work as data analysts, economic consultants, or policy advisors, where their skills in quantitative analysis are highly valued. Overall, this field plays a vital role in informing economic policy decisions and contributing to the understanding of economic behavior in an increasingly data-driven world.

Graduates by year

Graduates by degree level (first and second majors)

AssociateBachelor'sMaster'sDoctoral

From 2002 to 2025, graduates grew 39,395% and the international share went from 7.8% to 31.8%.

International share (%)
Graduates by group, 2025
White
34.6%
Asian
14.6%
Hispanic
8.4%
Black
3.1%
Other
7.5%
Intl.
31.8%

Colleges that award this degree

In 2025, 319 schools awarded this degree as a first major. The table lists those in the 2027 U.S. News National or Liberal Arts rankings, plus the unranked schools with the most graduates.

RankSchoolStateGraduatesInternational
#1 Massachusetts Institute of Technology Massachusetts 49 24
#2 Princeton University New Jersey 170 45
#3 Harvard University Massachusetts 416 161
#4 Yale University Connecticut 279 111
#5 California Institute of Technology California 9 7
#5 Stanford University California 151 39
#7 University of Pennsylvania Pennsylvania 198 52
#8 Duke University North Carolina 263 90
#9 University of Chicago Illinois 780 238
#9 Northwestern University Illinois 397 151
#9 Johns Hopkins University Maryland 375 278
#12 Dartmouth College New Hampshire 128 27
#12 Columbia University in the City of New York New York 508 284
#14 Cornell University New York 235 114
#14 Carnegie Mellon University Pennsylvania 58 18
#16 Washington University in St Louis Missouri 160 58
#16 Brown University Rhode Island 246 49
#16 Vanderbilt University Tennessee 232 57
#16 Rice University Texas 50 23
#20 University of California-Berkeley California 777 231
#20 University of California-Los Angeles California 928 251
#20 University of Notre Dame Indiana 145 18
#23 Georgetown University D.C. 216 89
#23 Emory University Georgia 75 27
#25 University of Michigan-Ann Arbor Michigan 64 50
#26 University of Virginia-Main Campus Virginia 385 53
#27 University of Southern California California 441 253
#27 University of North Carolina at Chapel Hill North Carolina 140 36
#29 University of California-San Diego California 231 90
#29 Georgia Institute of Technology-Main Campus Georgia 94 28
#31 Boston College Massachusetts 409 96
#31 Tufts University Massachusetts 197 60
#31 New York University New York 614 383
#34 University of California-Davis California 462 212
#34 University of California-Irvine California 48 20
#34 University of Florida Florida 34 11
#34 University of Illinois at Urbana-Champaign Illinois 181 123
#34 Boston University Massachusetts 161 125
#34 Wake Forest University North Carolina 8 2
#34 The University of Texas at Austin Texas 192 66
#34 University of Wisconsin-Madison Wisconsin 224 185
#42 Northeastern University Massachusetts 284 136
#42 Villanova University Pennsylvania 114 3
#44 University of California-Santa Barbara California 727 140
#44 Rutgers University-New Brunswick New Jersey 25 15
#44 Ohio State University-Main Campus Ohio 274 125
#44 Lehigh University Pennsylvania 13 10
#49 University of Maryland-College Park Maryland 358 55
#49 University of Rochester New York 118 68
#49 University of Washington-Seattle Campus Washington 264 139
#52 University of Georgia Georgia 19 14
#52 College of William and Mary Virginia 95 8
#52 Virginia Polytechnic Institute and State University Virginia 20 18
#55 University of Miami Florida 30 11
#55 The Pennsylvania State University Pennsylvania 338 124
#55 Purdue University-Main Campus Indiana 206 68
#59 George Washington University D.C. 92 37
#59 Florida State University Florida 223 10
#59 Tulane University of Louisiana Louisiana 66 9
#59 Brandeis University Massachusetts 111 66
#59 University of Massachusetts-Amherst Massachusetts 120 25
#59 University of Minnesota-Twin Cities Minnesota 125 69
#59 Stony Brook University New York 130 41
#59 University of Pittsburgh-Pittsburgh Campus Pennsylvania 205 37
#59 Texas A & M University-College Station Texas 107 31
#69 Michigan State University Michigan 101 44
#69 University of California-Merced California 2 0
#72 Syracuse University New York 56 26
#73 University of Connecticut Connecticut 78 17
#73 Indiana University-Bloomington Indiana 41 19
#73 Worcester Polytechnic Institute Massachusetts 1 0
#73 Binghamton University New York 9 1
#73 North Carolina State University at Raleigh North Carolina 19 13
#80 University of California-Riverside California 379 55
#80 Colorado School of Mines Colorado 42 19
#80 Drexel University Pennsylvania 28 9
#80 Clemson University South Carolina 19 9
#85 University of Delaware Delaware 36 7
#85 Fordham University New York 98 15
#85 University at Buffalo New York 19 11
#85 Southern Methodist University Texas 10 9
#90 Baylor University Texas 40 4
#90 Gonzaga University Washington 21 0
#90 Marquette University Wisconsin 9 2
#95 American University D.C. 36 14
#95 University of Illinois at Chicago Illinois 15 9
#95 University of Missouri-Columbia Missouri 47 16
#95 Rochester Institute of Technology New York 3 0
#100 Auburn University Alabama 4 3
#100 Chapman University California 4 1
#100 University of San Diego California 19 3
#100 Florida International University Florida 12 6
#100 University of South Florida-Main Campus Florida 63 34
#100 University of Iowa Iowa 2 2
#100 Saint Louis University Missouri 16 10
#109 University of California-Santa Cruz California 52 15
#109 Loyola Marymount University California 54 6
#109 University of Colorado Boulder Colorado 27 8
#109 University of New Hampshire-Main Campus New Hampshire 10 6
#109 The University of Tennessee-Knoxville Tennessee 6 4
#116 University of San Francisco California 65 24
#116 Iowa State University Iowa 31 19
#116 University of Oklahoma-Norman Campus Oklahoma 64 18
#116 University of Oregon Oregon 135 10
#116 Brigham Young University-Provo Utah 27 6
#121 Arizona State University-Tempe Arizona 145 38
#121 University of Arizona Arizona 15 6
#121 University of the Pacific California 6 1
#121 SUNY at Albany New York 237 31
#121 University of Dayton Ohio 3 0
#121 The University of Texas at Dallas Texas 36 10
#121 George Mason University Virginia 157 23
#133 Clark University Massachusetts 9 7
#133 Miami University-Oxford Ohio 18 2
#137 San Diego State University California 6 0
#137 San Jose State University California 51 4
#137 University of Maryland-Baltimore County Maryland 126 13
#137 Clarkson University New York 4 0
#137 Saint Joseph's University - Philadelphia Pennsylvania 6 0
#137 University of Houston Texas 23 18
#137 James Madison University Virginia 54 2
#148 Catholic University of America D.C. 8 1
#148 University of Kansas Kansas 17 12
#148 University of Kentucky Kentucky 6 3
#148 University of Massachusetts-Lowell Massachusetts 11 2
#148 University of Rhode Island Rhode Island 20 0
#156 The University of Alabama Alabama 23 0
#156 California State University-Fullerton California 6 0
#156 Kansas State University Kansas 6 4
#156 University of St Thomas (MN) Minnesota 1 0
#156 Seton Hall University New Jersey 1 0
#156 Duquesne University Pennsylvania 3 0
#156 Virginia Commonwealth University Virginia 10 2
#169 Colorado State University-Fort Collins Colorado 119 19
#169 DePaul University Illinois 21 3
#169 Simmons University Massachusetts 1 0
#169 University of Nebraska-Lincoln Nebraska 48 16
#169 University of North Carolina at Charlotte North Carolina 15 5
#179 University of Mississippi Mississippi 10 7
#179 CUNY Hunter College New York 19 0
#179 University of Cincinnati-Main Campus Ohio 6 3
#179 University of Utah Utah 224 15
#186 California Lutheran University California 2 0
#186 University of Hawaii at Manoa Hawaii 13 9
#186 Wayne State University Michigan 1 0
#186 Texas Tech University Texas 23 12
#191 University of Arkansas Arkansas 6 1
#191 Georgia State University Georgia 34 25
#191 Drake University Iowa 4 0
#191 Missouri University of Science and Technology Missouri 4 0
#191 Hofstra University New York 2 0
#191 Washington State University Washington 61 13
#202 Louisiana State University and Agricultural & Mechanical College Louisiana 23 15
#202 University of Massachusetts-Boston Massachusetts 4 1
#202 East Carolina University North Carolina 7 2
#202 Ohio University-Main Campus Ohio 17 15
#208 California State University-Sacramento California 1 0
#208 University of Idaho Idaho 7 4
#208 University of North Carolina at Greensboro North Carolina 12 0
#208 Belmont University Tennessee 12 1
#208 University of North Texas Texas 10 5
#219 Illinois State University Illinois 11 10
#219 Indiana University-Purdue University-Indianapolis Indiana 4 2
#219 University of Nevada-Reno Nevada 6 0
#227 San Francisco State University California 9 2
#227 Ball State University Indiana 1 0
#227 University of Michigan-Dearborn Michigan 9 1
#227 The New School New York 24 11
#227 University of North Dakota North Dakota 17 3
#227 University of Texas-San Antonio Texas 2 1
#227 West Virginia University West Virginia 23 4
#236 University of Colorado Denver Colorado 145 120
#236 Stetson University Florida 5 0
#236 University of Nevada--Las Vegas Nevada 6 0
#236 Kent State University at Kent Ohio 22 1
#236 Portland State University Oregon 9 4
#236 University of Texas-Arlington Texas 37 5
#250 University of Missouri--Kansas City Missouri 21 3
#250 Pace University-New York New York 58 12
#250 University of Wyoming Wyoming 23 6
#262 University of Maine Maine 12 5
#262 Suffolk University Massachusetts 25 4
#262 Central Michigan University Michigan 9 7
#262 University of Texas--El Paso Texas 13 6
#276 Western Michigan University Michigan 14 11
#276 University of Missouri--St. Louis Missouri 13 0
#276 Bowling Green State University-Main Campus Ohio 9 6
#288 University of Hartford Connecticut 16 2
#288 Southern Illinois University-Carbondale Illinois 10 7
#288 Wichita State University Kansas 6 1
#288 University of Memphis Tennessee 1 1
#288 Utah State University Utah 362 7
#288 University of Wisconsin--Milwaukee Wisconsin 11 6
#299 Boise State University Idaho 7 0
#299 University of Nebraska--Omaha Nebraska 18 3
#299 University of Toledo Ohio 12 1
#299 Tennessee Technological University Tennessee 5 1
#308 Northern Illinois University Illinois 5 5
#308 University of Southern Mississippi Mississippi 3 0
#308 Montana State University Montana 10 3
#328 Old Dominion University Virginia 6 2
#342 Missouri State University Missouri 16 3
#342 University of Akron Ohio 14 1
#342 Cleveland State University Ohio 1 0
#353 Pennsylvania Western University Pennsylvania 3 0
#365 Northern Kentucky University Kentucky 13 4
#382 Saint Leo University Florida 5 2
#382 Idaho State University Idaho 2 0
#382 Wright State University-Main Campus Ohio 9 5
LAC #1 Williams College Massachusetts 97 7
LAC #2 Amherst College Massachusetts 81 11
LAC #3 Claremont McKenna College California 110 29
LAC #3 Pomona College California 49 12
LAC #3 Bowdoin College Maine 84 6
LAC #3 United States Naval Academy Maryland 97 1
LAC #9 The United States Military Academy at West Point New York 51 1
LAC #10 Wellesley College Massachusetts 62 18
LAC #11 United States Air Force Academy Colorado 24 0
LAC #14 Wesleyan University Connecticut 104 13
LAC #14 Hamilton College New York 97 17
LAC #16 Grinnell College Iowa 46 17
LAC #16 Carleton College Minnesota 27 3
LAC #16 Davidson College North Carolina 51 11
LAC #19 Barnard College New York 100 37
LAC #19 Middlebury College Vermont 128 16
LAC #21 University of Richmond Virginia 41 14
LAC #22 Colby College Maine 108 7
LAC #22 Smith College Massachusetts 29 19
LAC #22 Colgate University New York 118 15
LAC #26 Bates College Maine 59 5
LAC #26 Haverford College Pennsylvania 42 7
LAC #28 Macalester College Minnesota 45 13
LAC #29 Bucknell University Pennsylvania 10 1
LAC #30 Lafayette College Pennsylvania 127 9
LAC #31 Trinity College Connecticut 35 16
LAC #31 Denison University Ohio 81 23
LAC #34 Spelman College Georgia 51 0
LAC #34 Mount Holyoke College Massachusetts 28 16
LAC #38 Occidental College California 58 2
LAC #38 Scripps College California 17 0
LAC #41 Skidmore College New York 14 2
LAC #44 Union College New York 67 14
LAC #47 Connecticut College Connecticut 22 6
LAC #49 DePauw University Indiana 60 15
LAC #49 St. Olaf College Minnesota 40 14
LAC #49 St. Lawrence University New York 4 3
LAC #49 Rhodes College Tennessee 21 4
LAC #49 The University of the South Tennessee 67 3
LAC #54 Centre College Kentucky 44 3
LAC #54 Dickinson College Pennsylvania 17 3
LAC #54 Gettysburg College Pennsylvania 49 7
LAC #57 Wheaton College (IL) Illinois 20 2
LAC #59 Oberlin College Ohio 48 10
LAC #60 Hobart and William Smith Colleges New York 39 4
LAC #60 Reed College Oregon 14 3
LAC #62 Lake Forest College Illinois 28 21
LAC #68 Lawrence University Wisconsin 11 3
LAC #72 Bard College New York 2 0
LAC #74 Kalamazoo College Michigan 5 0
LAC #74 St. John's University (MN) Minnesota 17 1
LAC #78 Whitman College Washington 37 11
LAC #83 Earlham College Indiana 1 1
LAC #85 Knox College Illinois 12 6
LAC #85 Drew University New Jersey 39 18
LAC #91 College of Wooster Ohio 22 13
LAC #100 SUNY College at Geneseo New York 15 0
LAC #100 Lycoming College Pennsylvania 1 0
LAC #100 Beloit College Wisconsin 9 9
LAC #111 Saint Vincent College Pennsylvania 1 0
LAC #111 Hampden-Sydney College Virginia 7 0
LAC #116 Ohio Wesleyan University Ohio 1 1
LAC #119 Albion College Michigan 2 2
LAC #138 Millsaps College Mississippi 3 2
LAC #138 Truman State University Missouri 3 2
LAC #146 Gordon College Massachusetts 5 1
LAC #168 Lyon College Arkansas 3 0
LAC #172 Brigham Young University-Idaho Idaho 15 1
— Arizona State University Digital Immersion Arizona 90 4
— Northeastern University Professional Programs Massachusetts 62 57
— Pennsylvania State University-World Campus Pennsylvania 57 13
— RAND School of Public Policy California 52 19
— Weill Medical College of Cornell University New York 36 30
— Claremont Graduate University California 27 14
— Naval Postgraduate School California 26 2
— California State Polytechnic University-Pomona California 25 1
— Weber State University Utah 21 5
— California Polytechnic State University-San Luis Obispo California 20 2
— Salisbury University Maryland 18 0
— University of Wisconsin--Oshkosh Wisconsin 18 1
— CUNY Graduate School and University Center New York 17 9
— Sonoma State University California 16 0
— Bentley University Massachusetts 13 9
— Auburn University at Montgomery Alabama 12 1
— Saint Peter's University New Jersey 10 3
— University of Central Oklahoma Oklahoma 10 1
— Western Illinois University Illinois 9 8
— Western Kentucky University Kentucky 8 0
— Saint Cloud State University Minnesota 8 5
— Pennsylvania State University-Penn State Erie-Behrend College Pennsylvania 8 1
— Murray State University Kentucky 7 0
— Ithaca College New York 7 2
— Manhattan University New York 7 1
— Air Force Institute of Technology-Graduate School of Engineering & Management Ohio 7 0
— Bryant University Rhode Island 7 2
— Providence College Rhode Island 6 0
— Calvin University Michigan 5 2
— Eastern Michigan University Michigan 5 2

Purple: international students are 25% or more of the school's graduates.

Related jobs and pay

OccupationUS employmentMean hourly wageMean annual wage
Managers, All Other 622,190 $73.99 $153,890
Data Scientists 262,440 $60.96 $126,800
Social Science Research Assistants 30,640 $31.80 $66,140
Statisticians 29,030 $55.63 $115,700
Economists 17,790 $68.33 $142,130
Economics Teachers, Postsecondary 11,560 — $138,850

Source: Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025.

Graduate counts: IPEDS Completions, US Department of Education, 2002–2025. Rankings: 2027 U.S. News.