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Cambridge, MA · Economics

Economics at MIT

MIT graduates about 42 economics majors a year, 3% of its graduating class. That puts it 33rd of 811 schools we score for economics, a standout program at 92 out of 100. Its current catalog lists 38 undergraduate courses in the field, more than 69% of the schools we've counted. Research spending in the field runs about $40 million a year, a rough guide to how many labs and projects undergraduates can join.

92/100Standout#33 of 811 for economics →
Graduates a year423% of the class
Courses in the catalog38more than 69% of schools
Research in the field$40Ma year, NSF
Admit rate5%whole school
SAT middle 50%1520–1570whole school

Around MIT

Vacuum tubes for sale at the August 2026 MIT Swapfest (flea market)
Vacuum tubes for sale at MIT Flea.agrPhoto: ArnoldReinhold · CC BY 4.0 · source
2024 MIT pro-Palestinian protest camps
2024 MIT pro-Palestinian protest camps 09Photo: Peacearth · CC BY 4.0 · source
MIT Stratton Student Center, Eduardo Catalano, Massachusetts Institute of Techno
MIT-Stratton-Student-Center-Massachusetts-Institute-of-Technology-Campus-CambridPhoto: Gunnar Klack · CC BY-SA 4.0 · source
Cambridge, MA
MIT - Samuel Tak Lee Building - Building 9 (54960943010)Photo: ajay_suresh · CC BY 4.0 · source

Where economics happens

Named buildings on the campus map: Academic 38 · Dorm 12 · Athletics 2 · Offices 1 · Arts 1 · Student housing 1.

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Nearby in the economics ranking

  1. Washington University in St. Louis 92
  2. Northeastern University 92
  3. University of Michigan–Ann Arbor 92
  4. William & Mary 92
  5. Boston University 91
  6. New York University 91
  7. Trinity College 91
  8. The University of Texas–Austin 91

Other strong majors at MIT

How the score works

The score is out of 100 and compares MIT with every school we score in economics. It weighs what graduates earn four years out against the same major nationally (35%), research spending in the field (20%, NSF), how many undergraduate courses the department lists (20%), the student body's test scores (15%) and the size of the program (10%, capped so size alone can't win). 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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