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QS Rank:

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791

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University of New Mexico

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New Mexico

United States

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Program Rank

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475

The Bachelor of Arts (BA) in Economics program at the University of New Mexico offers students a deep understanding of economic theories, models, and statistical methods, and their application to diverse fields such as business, government, and healthcare. This comprehensive program prepares graduates for a wide range of careers and provides a strong foundation for advanced studies in economics or related disciplines. The curriculum includes foundational economics courses, followed by electives that allow students to tailor their studies to their specific interests and career aspirations.
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Total Tuition Fees

$1,36,516

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Duration

48 Months

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Median Salary

$42,863

Ranking

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#311

US World and News Report

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#791

QS World University Rankings

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Fall ( Sept - Nov )

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Spring ( Apr - June )

Class Profile

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Class Size

44

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Average Age

22

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Average Work Experience

0 Years

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Full-Time Enrollment

4,588 Undergrads

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Admission Policy

GPA: Require; Rank: Not Used; Prep Courses: Require; Recommendations: Not Used

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International Students

1.58

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Rentention Rate

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75

Career Outcomes

Graduates of the BA in Economics program are well-prepared for diverse careers in business, government, and non-profit organizations. The program also provides excellent preparation for advanced degrees in Economics, Business, Planning, Medical School, and Law, with economics students often outperforming other majors on the LSAT.
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Median Earnings After Graduation

$42,863 / year

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Graduation Rate

53%

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Job Placement

82%

Prospective Job Roles

Policy Analyst

Financial Analyst

Consultant

Data Analyst

Market Research Analyst

Economic Analyst

Top recruiters

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Eligibility Criteria

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At least 2.5 / 4.0 undergraduate GPA is expected.

English Proficiency Tests

  • TOEFL

    68

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  • IELTS

    6

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  • Duolingo

    95

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  • PTE

    47

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Standardised Test Score

  • SAT

    500

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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.

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Application Fee: 25

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    Transcript

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    Resume

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    English Proficiency Test

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    Academic LOR

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    Resume

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    General LOR

Application Deadlines

FAFSA Submission DeadlineFinal Application DeadlineFinal DeadlineFinal ApplicationPriority Application
FallMar 1, 2027N/AN/AMay 1, 2026Mar 1, 2026
SpringN/ANov 15, 2026Nov 15, 2025N/AN/A

Fees and Funding

Tuition and fees are subject to change. Cost of living includes estimated room and board, books, supplies, transportation, and miscellaneous expenses.
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Tuition Fees

$34,594 / year

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Overall Cost

$53,545 / year

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Average Total Aid Awarded

$15,498 / year

Funding Options

Scholarship

Need-Based Aid

Average aid awarded: $15,498. 60% of students receive financial aid

Scholarships

International Amigo Scholarship - Offered to international students with high academic results. Prospective students must have a minimum of 3.5 GPA on a US scale in upper secondary/high school coursework to qualify for some scholarships.; General Financial Aid (USD 11,962) - 88% of enrolled students receive grants or scholarships. Submitting a Free Application for Federal Student Aid (FAFSA®) is necessary to determine eligibility for financial aid.; Need-based Financial Aid (USD 14,837) - 66% of first-year students received need-based financial aid in Fall 2023. Submitting a Free Application for Federal Student Aid (FAFSA®) is necessary to determine eligibility for financial aid.
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    General Financial Aid

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    Need-based Financial Aid

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    International Amigo Scholarship

FAQs

  • A student can complete Economics at University of New Mexico with in 48.
  • The application fee to pursue Economics at University of New Mexico is USD 50 for international students.
  • The annual tuition fee to pursue Economics at University of New Mexico is USD 29220.
  • The submission of these scores mainly depends on the type of degree/ course selected at the University of New Mexico. 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 University of New Mexico 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 University of New Mexico, 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 University of New Mexico can usually be completed in 2 years. However, many universities offer a 1-year master’s specialisation as well. You can explore the official University of New Mexico website to check the course/ degree duration.
  • One can apply for scholarships to pursue their international education at University of New Mexico 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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