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Pittsburgh, PA · Economics

Economics at Carnegie Mellon

Carnegie Mellon graduates about 55 economics majors a year, 3% of its graduating class. That puts it 35th of 683 schools we score for economics, a standout program at 90 out of 100. Graduates in the major earn a median $145,000 four years out, 1.75× what the same major pays nationally. Research spending in the field runs about $2 million a year, a rough guide to how many labs and projects undergraduates can join.

90/100Standout#35 of 683 for economics →
Graduates a year553% of the class
Median pay 4 years out$145,0001.75× the same major nationally
Research in the field$2Ma year, NSF
Admit rate11%whole school
SAT middle 50%1490–1570whole school

Around Carnegie Mellon

A lawn on the Carnegie Mellon University campus known at The Cut.
The Cut, Carnegie Mellon UniversityPhoto: Sdkb · CC BY-SA 4.0 · source
20070520 31 Carnegie-Mellon Institute, Pittsburgh, Pennsylvania
20070520 31 Carnegie-Mellon Institute, Pittsburgh, Pennsylvania (22682736257)Photo: David Wilson from Oak Park, Illinois, USA · CC BY 2.0 · source
Pamela's Group shot
Pamelas Group shot (472332861)Photo: Kevin Galens · CC BY-SA 2.0 · source
Cathedral of Learning
CathedralatSunsetPhoto: Jiuguang Wang from Pittsburgh, Pennsylvania, United States · CC BY-SA 2.0 · source

Where economics happens

Buildings on campus that fit the field: Tepper School of Business.

Named buildings on the campus map: Dorm 27 · Academic 23 · Athletics 2 · Dining 1 · Library 1 · Arts 1.

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Nearby in the economics ranking

  1. Bowdoin College 91
  2. William & Mary 90
  3. Colby College 90
  4. Davidson College 90
  5. University of Maryland, College Park 89
  6. Claremont McKenna College 89
  7. University of Rochester 89
  8. Barnard College 89

Other strong majors at Carnegie Mellon

How the score works

The score is out of 100 and compares Carnegie Mellon with every school we score in economics. It weighs the school's overall strength; how many students graduate in the major and what share of the class they are; research spending in the field (NSF); early pay against the same major nationally; how many courses the catalog lists; and test scores. 80+ is a standout program, 65+ strong, 45+ solid. Sources: US Department of Education (College Scorecard, IPEDS), NSF HERD, each school's current course catalog, OpenStreetMap and Wikimedia Commons.

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