QS Rank:
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![uni logo](/_next/image/?url=https%3A%2F%2Fambitio-django-backend-media.s3.amazonaws.com%2Fprograms%2Funiversity%2Flogo%2Fmassachusetts-institute-of-technology.jpg&w=3840&q=75)
Massachusetts Institute of Technology
Massachusetts
,United States
![icon](/_next/image/?url=%2F_next%2Fstatic%2Fmedia%2FprogramName.749faf36.png&w=3840&q=75)
Program Name
Bachelor in Economics
Overview
Bachelor of Economics in Economics is one of the most favoured degree
programs undertaken by students from the Massachusetts Institute of Technology. The reason for the
popularity of this degree course is that it has consistently ranked on reputed global
educational platforms.
The course is designed to give fundamental and advanced knowledge in the
Economics. International students enrolled in a BS Degree in Economics at the
Massachusetts Institute of Technology experience quality education and comprehensive hands-on
practical learning.
The qualified teachers, high-end classrooms, interactive curriculum, cost-effective
tuition fees and merit-based scholarships offer students the opportunity to develop
holistically. Overall, graduating with a BS Degree in Economics at
Massachusetts Institute of Technology will make students job ready.
Why Study Economics at Massachusetts Institute of Technology
- Most preferred by international students
- Provides enough hands-on learning experience
- Study in high-end classrooms from experienced teachers
- An array of internship and work opportunities all customised after course completion to prepare the students for the real world
![intake](/_next/image/?url=%2F_next%2Fstatic%2Fmedia%2Fduration.0d9d1888.png&w=3840&q=75)
Duration
48 Months
![intake](/_next/image/?url=%2F_next%2Fstatic%2Fmedia%2Fsalary.c28debd2.png&w=3840&q=75)
Median Salary
$1,05,000
Ranking
#2
US World and News Report
#5
The World University Rankings
#1
QS World University Rankings
Class Profile
![intake](/_next/image/?url=%2F_next%2Fstatic%2Fmedia%2FclassSize.c0ac6fd9.png&w=3840&q=75)
Class Size
100
![intake](/_next/image/?url=%2F_next%2Fstatic%2Fmedia%2Fage.6d0554e6.png&w=3840&q=75)
Average Age
20
![intake](/_next/image/?url=%2F_next%2Fstatic%2Fmedia%2Fexperience.b940c065.png&w=3840&q=75)
Average Work Experience
0 Years
Language Test Scores
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Minimum Score
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90 / 120
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Minimum Score
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7 / 9
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Minimum Score
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65 / 90
Diversity
Black or African American:
12%Others:
8%Two or more races:
5%Asian:
15%Hispanic or Latino:
12%White:
48%Admissions
Application Requirements
To be eligible for admission to the Economics Department, applicants must have a strong academic record in mathematics, economics, and other social sciences. Applicants are also expected to have strong analytical and writing skills. The Economics Department does not require a specific set of courses for admission, but applicants are encouraged to take courses in mathematics, economics, and other social sciences that will prepare them for the rigors of the Economics major. In addition to academic qualifications, applicants are also evaluated on their personal qualities, such as motivation, intellectual curiosity, and leadership potential. The Economics Department welcomes applications from students from all backgrounds and encourages students to apply who are interested in pursuing a career in economics.
What Really Matters When Applying
Application Fee $75
Required
Transcripts
Required
Letters of recommendation
Required
Tests & scores
Required
Interview
Required
Academic LOR
Required
Transcript
Required
Resume
Required
Career Outcomes
![intake](/_next/image/?url=%2F_next%2Fstatic%2Fmedia%2FdollarRed.0906122d.png&w=3840&q=75)
Median Earnings After Graduation
$1,05,000 / year
Prospective Job Roles
Economist
Teacher
Financial Analyst
Investment Banker
Quantitative Analyst
Researcher
Writer
Analyst
Consultant
Top recruiters
![logo](/_next/image/?url=https%3A%2F%2Fambitio-django-backend-media.s3.amazonaws.com%2Fprograms%2Fcompany%2Flogo%2Fboston-consulting-group-bcg.jpeg&w=3840&q=75)
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![logo](/_next/image/?url=https%3A%2F%2Fambitio-django-backend-media.s3.amazonaws.com%2Fprograms%2Fcompany%2Flogo%2Fgoldman-sachs.jpeg&w=3840&q=75)
![logo](/_next/image/?url=https%3A%2F%2Fambitio-django-backend-media.s3.amazonaws.com%2Fprograms%2Fcompany%2Flogo%2Fmorgan-stanley.jpeg&w=3840&q=75)
Fees and Funding
![intake](/_next/image/?url=%2F_next%2Fstatic%2Fmedia%2FtuitionFee.052d410b.png&w=3840&q=75)
Tuition Fees
$53,450 / year
Funding Options
External Sources - Scholarships
Department Funding
Scholarships
MIT Merit Scholarship
MIT Financial Aid
MIT Need-Based Scholarships
MIT Family Income Scholarships
MIT Other Scholarships
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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