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QS Rank:

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1

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Massachusetts Institute of Technology

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Massachusetts

United States

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

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Duration

48 Months

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Median Salary

$1,05,000

Ranking

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#2

US World and News Report

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#5

The World University Rankings

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#1

QS World University Rankings

Class Profile

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Class Size

100

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Average Age

20

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Average Work Experience

0 Years

Language Test Scores

exam

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

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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

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Fees and Funding

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Tuition Fees

$53,450 / year

Funding Options

External Sources - Scholarships

Department Funding

To apply, submit a complete application for admission within a few weeks of the priority deadline for best results.

Scholarships

The Massachusetts Institute of Technology (MIT) offers a variety of scholarships and financial aid opportunities for undergraduate students. The most popular scholarship is the MIT Merit Scholarship, which is awarded to students with outstanding academic and extracurricular achievements. Other scholarships are available based on financial need, family income, and other factors.
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    MIT Merit Scholarship

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    MIT Financial Aid

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    MIT Need-Based Scholarships

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    MIT Family Income Scholarships

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    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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