Econometrics and Quantitative Economics: Program Overview, Universities, Careers & Salaries

Q: Which universities have the largest Econometrics and Quantitative Economics programs?

Currently 298 accredited institutions offer Econometrics and Quantitative Economics degrees across the U.S. Programs with the highest enrollment include University of California (UCLA), Los Angeles (935 graduates), University of Chicago (UChicago) (793 graduates), and New York University (NYU) (753 graduates).

Q: Is enrollment in Econometrics and Quantitative Economics growing or declining?

Graduate numbers have increased over the past decade, rising from 242 in 2010 to 22,727 in 2023-24. This represents a 9,291% increase overall from 2010.

Q: What career paths are available with a Econometrics and Quantitative Economics degree?

This degree prepares you for roles such as Managers, All Other, Economics Teachers, Postsecondary, and Economists. Related occupations employ approximately 955,460 professionals nationwide.

Program Overview

Econometrics and Quantitative Economics is a rigorous academic discipline that applies advanced mathematical and statistical methods to analyze economic data, test economic theories, and inform policy and business decisions. This program equips students with the analytical tools needed to model complex economic systems, evaluate real-world outcomes, and predict future trends with precision.

Economic statistics: The collection, analysis, and interpretation of economic data to identify patterns, measure performance, and support evidence-based conclusions.
Optimization theory: The mathematical approach to determining the best possible outcomes under given constraints, often used in resource allocation and decision-making processes.
Cost/benefit analysis: A systematic method for evaluating the strengths and weaknesses of various economic choices by comparing associated costs and benefits.
Price theory: The study of how prices are determined in markets through the interaction of supply and demand, and how they influence behavior and efficiency.
Economic modeling: The development of formal representations of economic processes to simulate scenarios, test hypotheses, and understand causal relationships.
Economic forecasting and evaluation: The use of quantitative techniques to predict future economic conditions and assess the impact of policies, programs, or market changes.

Econometrics and Quantitative Economics Graduate Trends (2010-2024)

22,727

Total Graduates (2023-2024)

298

Universities & Colleges

Career Pathways

Career & Salary Outlook Schools Offering This Program Related Programs

Econometrics and Quantitative Economics Career Pathways & Salary Outlook

The following table presents salary data for occupations typically aligned with Econometrics and Quantitative Economics degrees, including Managers, All Other, Economics Teachers, Postsecondary and Economists. These career paths represent common employment outcomes but are not guaranteed for all graduates. Salary ranges vary by location, employer, experience level, and specific role requirements. Nationally, these occupations employ approximately 955,460 professionals.

National Average Salaries

Occupation	Median Salary	Salary Range	Total Employment	Hourly Rate
Managers, All Other 11-9199	$136,550	$68,860 - $227,590	630,980	$65.65
Economics Teachers, Postsecondary 25-1063	$119,980	$57,550 - $217,160	12,420	N/A
Economists 19-3011	$115,440	$62,340 - $212,710	15,880	$55.50
Data Scientists 15-2051	$112,590	$63,650 - $194,410	233,440	$54.13
Statisticians 15-2041	$103,300	$60,390 - $170,700	29,800	$49.66
Social Science Research Assistants 19-4061	$58,040	$36,410 - $100,620	32,940	$27.90

Salary Comparison

Data Source: Salary and employment data from the U.S. Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) program, May 2024 estimates, based on 6 related occupations. Career pathways mapped using CIP-SOC crosswalk from the National Center for Education Statistics.

*Salary Range Explanation: The salary range represents the 10th to 90th percentile, meaning 80% of workers in this occupation earn within this range. This excludes the lowest 10% and highest 10% of earners to provide a more realistic picture of typical compensation.

Important Disclaimer: Salary data represents national averages and varies by location, experience, employer, and market conditions. These statistics are estimates for general guidance and do not guarantee specific employment outcomes for graduates.

Econometrics and Quantitative Economics Salary Map by State

Geographic location significantly impacts earning potential for these careers. Average salaries range from $77,150 in Louisiana to $133,928 in District of Columbia—a 74% difference. The highest-paying states include District of Columbia, Delaware, and New York. Nationwide, these occupations employ over 955,460 professionals across all states. Explore the interactive map below to compare regional compensation and identify optimal markets for your career goals.

Average Salary Range:

Top Universities for Econometrics and Quantitative Economics by Graduate Enrollment

Below are the top 100 institutions offering Econometrics and Quantitative Economics programs for the 2023-2024 academic year (the most recent data reported as of 2025), ranked by the number of graduates. The highest graduate enrollment in Econometrics and Quantitative Economics is found at University of California (UCLA), Los Angeles (935 graduates), University of Chicago (UChicago) (793 graduates), New York University (NYU) (753 graduates), University of California (UCSB), Santa Barbara (729 graduates), and University of California (UCB), Berkeley (707 graduates). Combined, these colleges produced 19,806 graduates across all degree levels. Program availability varies by award level, including Associate, Bachelor's, Master's, and Doctoral degrees at participating universities and schools.

College Name	Award Levels	Graduates	Admissions	Location	Control	Website
University of California (UCLA)	Bachelor's Master's Doctorate (R)	935	N/A	Los Angeles, California	Public	ucla.edu
University of Chicago (UChicago)	Bachelor's Master's Doctorate (R)	793	SAT: 1510-1570 ACT: 34-35	Chicago, Illinois	Private	uchicago.edu
New York University (NYU)	Bachelor's Master's Doctorate (R)	753	SAT: 1480-1570 ACT: 33-35	New York, New York	Private	nyu.edu
University of California (UCSB)	Bachelor's Master's Doctorate (R)	729	N/A	Santa Barbara, California	Public	ucsb.edu
University of California (UCB)	Bachelor's Master's Doctorate (R)	707	N/A	Berkeley, California	Public	berkeley.edu
Johns Hopkins University (JHU)	Bachelor's Master's Doctorate (R)	644	SAT: 1530-1580 ACT: 34-35	Baltimore, Maryland	Private	jhu.edu
University of California (UCD)	Bachelor's Master's Doctorate (R)	487	N/A	Davis, California	Public	ucdavis.edu
Columbia University in the City of New York	Bachelor's Master's Post-Master's Doctorate (R)	458	SAT: 1490-1570 ACT: 34-35	New York, New York	Private	columbia.edu
Boston College (BC)	Bachelor's Master's Doctorate (R)	451	SAT: 1430-1540 ACT: 33-34	Chestnut Hill, Massachusetts	Private	bc.edu
Harvard University	Bachelor's Master's Doctorate (R)	423	SAT: 1500-1580 ACT: 34-36	Cambridge, Massachusetts	Private	harvard.edu
Northwestern University	Bachelor's Master's Doctorate (R)	401	SAT: 1490-1560 ACT: 33-35	Evanston, Illinois	Private	northwestern.edu
University of Virginia (UVA)	Bachelor's Master's Doctorate (R)	399	SAT: 1410-1530 ACT: 32-34	Charlottesville, Virginia	Public	virginia.edu
University of Southern California (USC)	Bachelor's Master's Doctorate (R)	363	SAT: 1440-1550 ACT: 32-35	Los Angeles, California	Private	usc.edu
Pennsylvania State University	Bachelor's Master's Doctorate (R)	362	SAT: 1220-1400 ACT: 27-32	University Park, Pennsylvania	Public	psu.edu
University of Maryland (UMCP)	Bachelor's Master's Doctorate (R)	359	SAT: 1370-1520 ACT: 32-35	College Park, Maryland	Public	umd.edu
Utah State University (USU)	Bachelor's Master's Doctorate (R)	324	SAT: 1060-1300 ACT: 20-28	Logan, Utah	Public	usu.edu
University of California (UCR)	Bachelor's Master's Doctorate (R)	323	N/A	Riverside, California	Public	ucr.edu
Vanderbilt University (VU)	Bachelor's Master's Doctorate (R)	316	SAT: 1510-1560 ACT: 34-35	Nashville, Tennessee	Private	vanderbilt.edu
Yale University	Bachelor's Master's Doctorate (R)	295	SAT: 1500-1580 ACT: 33-35	New Haven, Connecticut	Private	yale.edu
University of California (UCSD)	Bachelor's Master's Doctorate (R)	290	N/A	La Jolla, California	Public	ucsd.edu
University of Notre Dame (ND)	Bachelor's Master's Doctorate (R)	289	SAT: 1440-1540 ACT: 33-35	Notre Dame, Indiana	Private	nd.edu
University of Washington (UW)	Bachelor's Master's Doctorate (R)	272	N/A	Seattle, Washington	Public	washington.edu
Brown University	Bachelor's Master's Doctorate (R)	264	SAT: 1500-1570 ACT: 34-35	Providence, Rhode Island	Private	brown.edu
University of Pennsylvania (Penn)	Bachelor's Master's Doctorate (R)	261	SAT: 1500-1570 ACT: 34-35	Philadelphia, Pennsylvania	Private	upenn.edu
Duke University	Bachelor's Master's Doctorate (R)	253	SAT: 1510-1570 ACT: 34-35	Durham, North Carolina	Private	duke.edu
Northeastern University (NU)	Bachelor's Master's Doctorate (R)	247	SAT: 1460-1550 ACT: 33-35	Boston, Massachusetts	Private	northeastern.edu
Cornell University	Bachelor's Master's Doctorate (R)	247	SAT: 1480-1560 ACT: 33-35	Ithaca, New York	Private	cornell.edu
Florida State University (FSU)	Bachelor's Master's Doctorate (R)	239	SAT: 1240-1390 ACT: 27-31	Tallahassee, Florida	Public	fsu.edu
Georgetown University (GU)	Bachelor's Master's Doctorate (R)	235	SAT: 1390-1550 ACT: 32-34	Washington, District of Columbia	Private	georgetown.edu
Ohio State University	Bachelor's Master's Doctorate (R)	231	SAT: 1330-1480 ACT: 29-32	Columbus, Ohio	Public	osu.edu
University of Utah (U of U)	Bachelor's Master's Doctorate (R)	219	SAT: 1180-1398 ACT: 22-29	Salt Lake City, Utah	Public	utah.edu
University at Albany (UAlbany)	Bachelor's Master's Post-Master's Doctorate (R)	212	N/A	Albany, New York	Public	albany.edu
Tufts University	Bachelor's Master's Doctorate (R)	209	SAT: 1460-1550 ACT: 33-35	Medford, Massachusetts	Private	tufts.edu
University of Pittsburgh	Bachelor's Master's Doctorate (R)	201	SAT: 1270-1450 ACT: 29-33	Pittsburgh, Pennsylvania	Public	pitt.edu
Dartmouth College	Bachelor's	196	SAT: 1500-1570 ACT: 33-35	Hanover, New Hampshire	Private	dartmouth.edu
Purdue University (PU)	Bachelor's Postbac Cert. Master's Doctorate (R)	192	SAT: 1190-1460 ACT: 27-34	West Lafayette, Indiana	Public	purdue.edu
University of Illinois Urbana-Champaign (UIUC)	Bachelor's Master's Doctorate (R)	187	SAT: 1270-1510 ACT: 29-34	Champaign, Illinois	Public	illinois.edu
University of Wisconsin-Madison	Master's Doctorate (R)	177	SAT: 1360-1510 ACT: 28-32	Madison, Wisconsin	Public	wisc.edu
Princeton University	Bachelor's Master's Doctorate (R)	164	SAT: 1500-1580 ACT: 34-35	Princeton, New Jersey	Private	princeton.edu
University of Oregon (UO)	Bachelor's Master's Doctorate (R)	160	SAT: 1130-1360 ACT: 22-30	Eugene, Oregon	Public	uoregon.edu
Stanford University	Bachelor's Master's Doctorate (R)	156	SAT: 1510-1580 ACT: 34-35	Stanford, California	Private	stanford.edu
Brandeis University	Bachelor's Master's Doctorate (R)	151	SAT: 1390-1530 ACT: 31-34	Waltham, Massachusetts	Private	brandeis.edu
Fordham University	Bachelor's Postbac Cert. Master's Doctorate (R)	151	SAT: 1330-1490 ACT: 30-33	Bronx, New York	Private	fordham.edu
Washington University in St Louis (WashU)	Bachelor's Master's Doctorate (R)	144	SAT: 1500-1570 ACT: 33-35	Saint Louis, Missouri	Private	wustl.edu
Emory University	Bachelor's Master's Doctorate (R)	142	SAT: 1460-1550 ACT: 32-34	Atlanta, Georgia	Private	emory.edu
University of North Carolina at Chapel Hill	Bachelor's Master's Doctorate (R)	141	SAT: 1370-1530 ACT: 30-34	Chapel Hill, North Carolina	Public	unc.edu
University of Colorado Denver/Anschutz Medical Campus	Bachelor's Master's Doctorate (R)	135	SAT: 980-1220 ACT: 21-27	Denver, Colorado	Public	ucdenver.edu
University of Minnesota (UMN)	Bachelor's Master's Doctorate (R)	135	SAT: 1310-1480 ACT: 27-31	Minneapolis, Minnesota	Public	twin-cities.umn.edu
Arizona State University Campus Immersion (ASU)	Bachelor's Master's Doctorate (R)	134	N/A	Tempe, Arizona	Public	asu.edu
University of Massachusetts	Bachelor's Master's Doctorate (R)	133	SAT: 1300-1480 ACT: 29-33	Amherst, Massachusetts	Public	umass.edu
Wesleyan University	Bachelor's	125	SAT: 1450-1540 ACT: 33-35	Middletown, Connecticut	Private	wesleyan.edu
Middlebury College	Bachelor's	124	SAT: 1430-1550 ACT: 33-34	Middlebury, Vermont	Private	middlebury.edu
Boston University (BU)	Master's Doctorate (R)	121	SAT: 1400-1520 ACT: 32-34	Boston, Massachusetts	Private	bu.edu
Claremont McKenna College (CMC)	Bachelor's	120	SAT: 1450-1560 ACT: 33-35	Claremont, California	Private	cmc.edu
The University of Texas	Bachelor's Master's Doctorate (R)	115	SAT: 1230-1490 ACT: 27-33	Austin, Texas	Public	utexas.edu
Colgate University	Bachelor's	113	SAT: 1430-1530 ACT: 33-34	Hamilton, New York	Private	colgate.edu
Colorado State University (CSU)	Bachelor's Master's Doctorate (R)	112	N/A	Fort Collins, Colorado	Public	colostate.edu
Texas A & M University	Master's Doctorate (R)	109	SAT: 1140-1380 ACT: 25-31	College Station, Texas	Public	tamu.edu
Colby College	Bachelor's	107	SAT: 1440-1550 ACT: 32-34	Waterville, Maine	Private	colby.edu
Lafayette College	Bachelor's	101	SAT: 1340-1490 ACT: 30-33	Easton, Pennsylvania	Private	lafayette.edu
United States Naval Academy (USNA)	Bachelor's	100	SAT: 1200-1420 ACT: 24-31	Annapolis, Maryland	Public	usna.edu
Williams College	Bachelor's	100	SAT: 1470-1560 ACT: 33-35	Williamstown, Massachusetts	Private	williams.edu
Hamilton College	Bachelor's	99	SAT: 1410-1550 ACT: 32-35	Clinton, New York	Private	hamilton.edu
Villanova University	Bachelor's	99	SAT: 1400-1510 ACT: 32-34	Villanova, Pennsylvania	Private	villanova.edu
Barnard College	Bachelor's	93	SAT: 1453-1550 ACT: 32-34	New York, New York	Private	barnard.edu
George Washington University (GW)	Bachelor's Master's Doctorate (R)	89	SAT: 1350-1500 ACT: 31-34	Washington, District of Columbia	Private	gwu.edu
University of Rochester	Bachelor's Master's Doctorate (R)	89	SAT: 1400-1540 ACT: 31-34	Rochester, New York	Private	rochester.edu
Davidson College	Bachelor's	89	SAT: 1360-1510 ACT: 31-34	Davidson, North Carolina	Private	davidson.edu
University of Connecticut (UConn)	Bachelor's Master's Doctorate (R)	88	SAT: 1210-1420 ACT: 29-33	Storrs, Connecticut	Public	uconn.edu
Amherst College	Bachelor's	88	SAT: 1360-1550 ACT: 31-35	Amherst, Massachusetts	Private	amherst.edu
University of California (UCI)	Bachelor's Master's Doctorate (R)	86	N/A	Irvine, California	Public	uci.edu
Baylor University	Bachelor's Master's	86	SAT: 1210-1400 ACT: 27-32	Waco, Texas	Private	baylor.edu
Syracuse University	Bachelor's Master's Doctorate (R)	85	SAT: 1260-1430 ACT: 28-32	Syracuse, New York	Private	syracuse.edu
Tulane University of Louisiana	Bachelor's Master's Doctorate (R)	84	SAT: 1390-1510 ACT: 31-33	New Orleans, Louisiana	Private	tulane.edu
Wellesley College	Bachelor's	79	SAT: 1440-1550 ACT: 33-35	Wellesley, Massachusetts	Private	wellesley.edu
Arizona State University	Bachelor's	79	N/A	Scottsdale, Arizona	Public	asu.edu
Michigan State University (MSU)	Bachelor's Master's Doctorate (R)	77	SAT: 1150-1350 ACT: 26-31	East Lansing, Michigan	Public	msu.edu
Northeastern University Professional Programs	Master's	77	N/A	Boston, Massachusetts	Private	northeastern.edu
Denison University (DU)	Bachelor's	76	SAT: 1300-1470 ACT: 29-32	Granville, Ohio	Private	denison.edu
Bowdoin College	Bachelor's	75	SAT: 1480-1550 ACT: 33-35	Brunswick, Maine	Private	bowdoin.edu
Union College	Bachelor's	75	SAT: 1310-1480 ACT: 30-33	Schenectady, New York	Private	union.edu
Washington State University (WSU)	Bachelor's Master's Doctorate (R)	73	N/A	Pullman, Washington	Public	wsu.edu
University of San Francisco (USF)	Bachelor's Master's	72	SAT: 1210-1390 ACT: 26-31	San Francisco, California	Private	usfca.edu
Bates College	Bachelor's	71	SAT: 1400-1510 ACT: 31-33	Lewiston, Maine	Private	bates.edu
University of Nebraska (UNL)	Bachelor's Master's Doctorate (R)	71	SAT: 1090-1330 ACT: 22-28	Lincoln, Nebraska	Public	unl.edu
Georgia Institute of Technology (Georgia Tech)	Bachelor's Master's Doctorate (R)	70	SAT: 1330-1530 ACT: 28-34	Atlanta, Georgia	Public	gatech.edu
Loyola Marymount University (LMU)	Bachelor's	68	N/A	Los Angeles, California	Private	lmu.edu
University of Oklahoma (OU)	Bachelor's Master's Doctorate (R)	67	SAT: 1140-1330 ACT: 23-29	Norman, Oklahoma	Public	ou.edu
University of Richmond (UR)	Bachelor's	65	SAT: 1410-1530 ACT: 32-34	University of Richmond, Virginia	Private	richmond.edu
Gettysburg College	Bachelor's	59	SAT: 1240-1460 ACT: 27-32	Gettysburg, Pennsylvania	Private	gettysburg.edu
Pennsylvania State University	Bachelor's	58	SAT: 1100-1340 ACT: 18-30	University Park, Pennsylvania	Public	worldcampus.psu.edu
San Jose State University (SJSU)	Bachelor's Master's	57	N/A	San Jose, California	Public	sjsu.edu
Macalester College	Bachelor's	57	SAT: 1350-1510 ACT: 30-33	Saint Paul, Minnesota	Private	macalester.edu
University of South Florida (USF)	Bachelor's	56	SAT: 1140-1330 ACT: 24-29	Tampa, Florida	Public	usf.edu
Pace University	Bachelor's Master's	55	SAT: 1130-1328 ACT: 24-29	New York, New York	Private	pace.edu
Massachusetts Institute of Technology (MIT)	Bachelor's Master's Doctorate (R)	53	SAT: 1510-1580 ACT: 34-36	Cambridge, Massachusetts	Private	web.mit.edu
Hobart William Smith Colleges (HWS)	Bachelor's	52	SAT: 1220-1360 ACT: 26-32	Geneva, New York	Private	hws.edu
Pomona College	Bachelor's	51	SAT: 1480-1560 ACT: 33-35	Claremont, California	Private	pomona.edu
Carnegie Mellon University (CMU)	Bachelor's Master's	51	SAT: 1500-1570 ACT: 34-35	Pittsburgh, Pennsylvania	Private	cmu.edu
The University of the South	Bachelor's	51	SAT: 1236-1398 ACT: 27-32	Sewanee, Tennessee	Private	sewanee.edu

Frequently Asked Questions

Find answers to the most common questions about Econometrics and Quantitative Economics programs

How much can I earn with a Econometrics and Quantitative Economics degree?

Salaries for Econometrics and Quantitative Economics graduates vary by role and location. Managers, All Other earn a median of $136,550 annually, while Economics Teachers, Postsecondary earn around $119,980. Geographic location significantly impacts earnings—professionals in District of Columbia average $133,928 compared to $77,150 in Louisiana. Approximately 955,460 professionals work in related occupations nationwide.

Salary data from U.S. Bureau of Labor Statistics OEWS program, May 2024. Earnings vary by experience, employer, and market conditions.

Which universities have the largest Econometrics and Quantitative Economics programs?

Currently 298 accredited institutions offer Econometrics and Quantitative Economics degrees across the U.S. Programs with the highest enrollment include University of California (UCLA), Los Angeles (935 graduates), University of Chicago (UChicago) (793 graduates), and New York University (NYU) (753 graduates).

Program size doesn't necessarily indicate quality—consider factors like faculty expertise, production opportunities, location, and available degree levels when choosing a school.

Data based on IPEDS program completions for 2023-2024 academic year. Numbers reflect programs where students graduated.

Is enrollment in Econometrics and Quantitative Economics growing or declining?

Graduate numbers have increased over the past decade, rising from 242 in 2010 to 22,727 in 2023-24. This represents a 9,291% increase overall from 2010.

The field remains specialized with steady interest, though opportunities are most concentrated in major metropolitan areas with active arts scenes like New York, California, and Illinois.

Graduate enrollment data from IPEDS, 2010-2024 academic years. Trends reflect reported completions at participating institutions.

What career paths are available with a Econometrics and Quantitative Economics degree?

This degree prepares you for roles such as Managers, All Other, Economics Teachers, Postsecondary, and Economists. Related occupations employ approximately 955,460 professionals nationwide.

Skills in project management, creative leadership, and collaboration also transfer to event planning, arts administration, marketing, and corporate training roles. Many professionals work freelance or on a project basis across theatre, film, and live events.

Career pathways mapped using CIP-SOC crosswalk from the National Center for Education Statistics. Employment data from BLS OEWS May 2024.

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