QS Rank:

116

University of Wisconsin-Madison

Wisconsin
,United States

Program Name
Bachelor of Arts in Economics
Overview

The Bachelor of Arts in Economics at the University of Wisconsin-Madison is a highly esteemed program, appealing to students seeking a thorough grounding in economic principles and theories. This degree is designed to equip students with an understanding of economic models, statistical methods, and the analytical skills necessary to succeed in various sectors. Students delve into both fundamental and advanced topics in economics, including microeconomic and macroeconomic theory, econometrics, and applied economic analysis, preparing them for a multitude of professional pathways.
The curriculum encompasses a diverse array of courses that reflect contemporary economic issues and methodologies. Core courses such as Principles of Microeconomics and Principles of Macroeconomics provide foundational knowledge, while advanced classes such as Econometrics and International Economics expand students' expertise. Furthermore, students have the opportunity to engage in elective courses that tailor their educational experience to their specific interests and career aspirations, including Behavioral Economics, Environmental Economics, and Labor Economics.
Faculty members in the economics department are recognized experts in their fields, many of whom have published influential research and contributed significantly to economic policy discussions. Their teaching methodology is centered around fostering an interactive learning environment, encouraging critical thinking, and applying theoretical concepts to real-world scenarios. This approach ensures that students not only understand economic theories but also learn how to utilize them effectively in practical applications, preparing them for future challenges in the workforce.
Research opportunities abound at the University of Wisconsin-Madison, with access to various resources, including the Institute for Research on Poverty and the Center for Economic Research. These platforms facilitate undergraduate research initiatives, allowing students to collaborate with faculty on projects that may lead to publications and presentations at academic conferences. Such experiences not only enhance students’ resumes but also provide invaluable networking opportunities within the economics community.
The program at Wisconsin-Madison boasts robust industry connections, with numerous internship opportunities available through partnerships with major corporations and government agencies. Students are encouraged to gain practical experience through internships at organizations such as PwC, Goldman Sachs, and JPMorgan Chase. This exposure not only enriches their educational journey but also increases employability upon graduation. The university's comprehensive career services assist students in finding internships that align with their career goals, further bridging the gap between academic learning and professional practice.
Graduates of the Bachelor of Arts in Economics program can expect to enter various fields, including finance, government, academia, and consulting. The skills acquired through this program prepare students for roles such as Financial Analyst, Market Researcher, Policy Analyst, and Investment Banker. The median base salary for graduates is approximately $58,000, with opportunities for advancement and specialization increasing with experience.
Alumni from the University of Wisconsin-Madison have gone on to achieve significant success in their careers, with many holding esteemed positions in leading organizations. Testimonials reflect a strong satisfaction with the program, highlighting the quality of education, faculty support, and networking opportunities as key factors in their professional development. The university’s active alumni network also provides ongoing mentorship and job placement assistance, ensuring that graduates continue to thrive in their chosen fields.
Unique features of the Bachelor of Arts in Economics program include its commitment to diversity and inclusion, with a diverse student body that enriches classroom discussions and collaborations. Additionally, the program offers various extracurricular opportunities, including economics clubs, guest lectures from industry leaders, and participation in regional and national economics competitions. These experiences contribute to a well-rounded education that extends beyond classroom learning.
Why Study Economics at the University of Wisconsin-Madison
- Renowned faculty with extensive expertise in various economic disciplines.
- A rich curriculum that combines theoretical knowledge with practical application.
- Access to cutting-edge research facilities and resources.
- Robust internship opportunities with leading firms in various sectors.
- Strong alumni network providing mentorship and job placement support.
- A commitment to diversity, fostering an inclusive environment for all students.
- Extracurricular opportunities that enhance learning and personal development.
Admission to the Bachelor of Arts in Economics program requires a high school diploma or equivalent, with a minimum GPA of 3.0. Prospective students must submit standardized test scores (SAT/ACT) and provide two letters of recommendation along with a personal statement detailing their interest in economics. Additionally, a solid foundation in mathematics, science, and economics is necessary, with specific course prerequisites including four years of English, three years of math, and two years of science.
In conclusion, the Bachelor of Arts in Economics at the University of Wisconsin-Madison is not just a degree; it is a pathway to a successful career in a field that is essential to understanding the world today. With its comprehensive curriculum, expert faculty, and numerous opportunities for experiential learning, this program prepares students to thrive in a competitive job market and to contribute positively to society through economic understanding and policy-making.

Duration
48 Months

Median Salary
$58,000
Ranking
#38
US World and News Report
#81
The World University Rankings
#116
QS World University Rankings
Class Profile

Class Size
250

Average Age
22

Average Work Experience
0 Years
Diversity
Others:
30%Wisconsin:
45%Illinois:
11%Minnesota:
8%Iowa:
6%Career Outcomes

Median Earnings After Graduation
$58,000 / year
Prospective Job Roles
Economist
Teacher
Market Researcher
Financial Analyst
Investment Banker
Quantitative Analyst
Policy Analyst
Research Associate
Analyst
Consultant
Top recruiters









Eligibility Criteria
English Proficiency Tests
IELTS
6.5
TOEFL
80
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.
Transcript
Academic LOR
Resume
Application Deadlines
Fees and Funding

Tuition Fees
$50,430 / year
Funding Options
External Sources - Scholarships
Department Funding
Scholarships
William H. Sewell Scholarship
James Madison Memorial Fellowship
FAQs
- A student can complete Economics at University of Wisconsin-Madison with in 48.
- The application fee to pursue Economics at University of Wisconsin-Madison is USD 60 for international students.
- The annual tuition fee to pursue Economics at University of Wisconsin-Madison is USD 50430.
- The submission of these scores mainly depends on the type of degree/ course selected at the University of Wisconsin-Madison. 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 Wisconsin-Madison 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 Wisconsin-Madison, 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 Wisconsin-Madison 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 Wisconsin-Madison website to check the course/ degree duration.
- One can apply for scholarships to pursue their international education at University of Wisconsin-Madison 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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