QS Rank:

1

Massachusetts Institute of Technology

Massachusetts
,United States

Program Rank

2

Program Name
BS in Economics

Deadline
May 01st, 2027
Overview

Total Tuition Fees
$2,57,240

Duration
48 Months

Median Salary
$58,000
Ranking
#2
US World and News Report
#5
The World University Rankings
#1
QS World University Rankings

Intake
Fall ( Sept - Nov )
Class Profile

Class Size
100

Average Age
20

Average Work Experience
0 Years

Full-Time Enrollment
4,588 Undergrads

Admission Policy
GPA: Require; Rank: Consider if Submitted; Prep Courses: Consider if Submitted; Recommendations: Require

International Students
11.66

Rentention Rate

99
Career Outcomes

Median Earnings After Graduation
$58,000 / year

Graduation Rate
96%

Job Placement
82%
Prospective Job Roles
Policy Analyst
Financial Analyst
Data Scientist
Economist
Management Consultant
Top recruiters





Eligibility Criteria

At least 3.9 / 4.0 undergraduate GPA is expected.
English Proficiency Tests
PTE
65

TOEFL
90

IELTS
7

Duolingo
120

Cambridge
185

Application Requirements
Here's everything you need to know to ensure a complete and competitive application—covering the key documents and criteria for a successful submission.

Application Fee: 75

Transcript

English Proficiency Test

Interview

Resume

Academic LOR
Application Deadlines
| Early Action | Regular Action | |
|---|---|---|
| Fall | Nov 1, 2024 | May 1, 2027 |
Fees and Funding

Tuition Fees
$59,750 / year

Overall Cost
$85,960 / year

Average Total Aid Awarded
$69,036 / year
Funding Options
Scholarship
Scholarships

General Financial Aid

MIT Scholarship
FAQs
- A student can complete Economics at Massachusetts Institute of Technology with in 48.
- The annual tuition fee to pursue Economics at Massachusetts Institute of Technology is USD 53450.
- The submission of these scores mainly depends on the type of degree/ course selected at the Massachusetts Institute of Technology. For example, the GMAT test is required to take admission to an abroad graduate management program, the LSAT is required during an abroad Law School admission process, and more. Therefore, check Massachusetts Institute of Technology requirements before submitting a score.
- Economics can help Indian/ international students gain: 1. Quality and Practical Education 2. Global Recognition 3. International Exposure 4. Amazing Job Opportunities 5. Experience of Lifetime and more
- If a student fulfils all the eligibility criteria and admission requirements of Massachusetts Institute of Technology, they can easily pursue Economics. The basic eligibility criteria include the following: 1. A GPA above 3 2. Well-written Statement of Purpose 3. An impressive Letter of Recommendation 4. A Work Experience Certificate (if required) 5. A Statement of Financial Proof 6. Academic Transcripts 7. Valid Visa, etc.
- An MS degree at Massachusetts Institute of Technology can usually be completed in 2 years. However, many universities offer a 1-year master’s specialisation as well. You can explore the official Massachusetts Institute of Technology website to check the course/ degree duration.
- One can apply for scholarships to pursue their international education at Massachusetts Institute of Technology by: 1. Looking for country-specific scholarships by contacting the specific scholarship institutions. 2. Applying to or finding out if any subject-specific scholarships are available from the university website/ department.
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