If you think about opting for an economics degree after high school or just as a second higher education, this is always a good decision. Why? Because this field can offer you a wide range of positions – from market research analyst to a stockbroker or government official. In the USA, the average salary of an economist constitutes about $73K with the top compensation totaling in $141K. This should be a quite stimulating reason for you to consider a career in the economics domain. And while you’re weighing up all the pros and cons, we’ll present you a list of universities that can provide you with the most high-quality education in the field.
- Massachusetts Institute of Technology
- Berkeley (UCB)
- The London School of Economics and Political Science
- University of Toronto
- University of Warwick
The department of economics at MIT has been functioning for over a century now. In the 1950s it was recognized as the world’s leading research center in this sphere, and since then, it has successfully maintained the title. The faculty earned the Nobel Prize, and many members are participants of the Econometric Society, the National Academy of Sciences, and other respectable scientific associations.
The department offers undergraduate, postgraduate as well as PhD and doctoral programs, and guarantees many opportunities to display one’s skills and knowledge.
Berkeley founded the economics department in 1903, and since then, it has been famous for its innovative approaches and highly qualified graduates. It holds the 3rd place in the US economics departments rankings according to the World Report and the US News. There are numerous interesting courses at your disposal and a wide range of additional lectures/seminars to satisfy your inner economist soul.
This is one of the top-class schools that is the 2nd best educational institution in the social sciences in the world (rated by QS World University Rankings 2016-2017). 50% of its researches were classified as world leading in 2014. These numbers are impressive, but they are not the only thing that this university can propose.
There are students from more than 130 countries, so the international diversity is guaranteed. In addition to this, LSE is partners with 5 other first-class colleges in the USA, China, Singapore, etc. This is a school with truly numerous resources and opportunities.
The University of Toronto has a wide range of economics programs. What is more, they provide students with employment assistance and experiential learning. The university also organizes conferences that help keep the undergraduates abreast of all the news and discoveries in the economics world.
The university claims to have reached a 90% satisfaction rate among students in 2017 within the economics department. It also takes the places among the first three educational institutions in various rankings for its proficient education and employment level of students. If you have a look at different numbers they state on their website, you’ll agree that it’s really worth taking into account.
Contemplate over these 5 higher educational establishments to make the most out of the economics degree!