Ranking of Economics Graduate Schools

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Your Ranking of Economics PhD Programs

Programs 1–30
RankProgramRegres QualitySurvey QualityStudent OutcomesJobs at GradDiversityIn-State TuitionRoom Board
1-1Harvard University Economics1-21-13-1795%82-104$33,696$11,042
2-2Massachusetts Institute of Technology Economics2-52-22-1195%64-94$37,510NA
3-8Princeton University Economics4-113-54-2492%50-91$35,340NA
3-9Stanford University Economic Analysis and Policy5-176-92-1095%102-111$37,380NA
3-10University of California-Berkeley Economics3-87-1055-9290%94-107$7,836$10,036
3-10University of Chicago Economics1-34-841-7892%52-91$40,428NA
3-11California Institute of Technology Social Science16-264-91-4100%94-108$33,324NA
3-11Harvard University Business Economics2-114-84-2595%109-115$33,696$11,042
3-13Harvard University Political Economy and Government5-423-66-3595%87-106$33,696$11,042
5-11University of Minnesota-Twin Cities Economics14-2514-277-3697%37-85$11,212$7,392
9-14Arizona State University Economics29-4912-259-4088%7-37$7,128$8,156
9-16University of Wisconsin-Madison Economics8-1712-2351-8792%48-88$9,500$8,040
10-16Stanford University Economics6-1310-1412-4895%69-101$37,380NA
10-18University of Maryland-College Park Economics5-1818-3030-6984%19-64$8,478$9,575
12-20Yale University Economics6-1512-197-3287%47-88$32,500NA
RankProgramRegres QualitySurvey QualityStudent OutcomesJobs at GradDiversityIn-State TuitionRoom Board
14-22Brown University Economics14-2412-2021-6190%6-40$38,048NA
13-23University of Pennsylvania Economics7-1810-1651-8791%44-88$24,720NA
14-25New York University Economics5-149-1411-4278%6-45$30,528$13,228
14-24University of Iowa Economics49-8032-5310-47100%43-84$6,840$8,004
16-25University of California-San Diego Economics17-3015-2554-9390%85-105$7,836$10,052
16-26Columbia University in the City of New York Economics8-1914-2673-10593%6-35$35,396NA
16-26University of Michigan-Ann Arbor Economics14-2720-3157-9692%99-111$17,286$8,924
16-27University of Pittsburgh-Pittsburgh Campus Economics32-5522-357-3981%12-52$16,402$8,900
16-30Auburn University Main Campus Applied Economics39-7126-485-2788%23-64$6,240$8,972
18-27Northwestern University Economics10-1712-198-3497%59-98$38,400$11,703
24-42Iowa State University Economics27-5321-3226-6759%11-60$6,716$8,550
24-39Washington University in St Louis Economics17-2617-2717-5788%65-100$37,800NA
25-42Boston College Economics28-4933-5119-5388%13-56$21,276$8,750
25-44Indiana University-Bloomington Economics33-6763-7837-8691%18-64$7,007$6,800
25-42Pennsylvania State University-Main Campus Economics26-4625-3830-7178%8-50$15,446NA

Item Descriptions

Rank
A range indicating how this program ranked in 500 simulated rankings based on your priorities. Programs are sorted by their median rank. Learn more.
NRC regression-based quality measure (Regres Quality)
The NRC's measurements of overall program quality are based on 20 key variables (19 in the humanities) such as GRE scores, student support and faculty publications. To calculate the regression-based quality measure, the relative importance, or weight, of a variable was set by the extent that it correlated with programs viewed most favorably by evaluators in each field. Learn more. Your weight = 3. Larger values are better. (Source: NRC, 2010)
NRC survey-based quality measure (Survey Quality)
The NRC's measurements of overall program quality are based on 20 key variables (19 in the humanities) such as GRE scores, student support and faculty publications. To calculate the survey-based quality measure, evaluators in each field identified the variables that they considered to be the most important indicators of program quality. Learn more. Your weight = 5. Larger values are better. (Source: NRC, 2010)
Student support and outcomes (Student Outcomes)
This variable is a composite of other measures of student support and outcomes, including 6-year or 8-year graduation rates (for non-humanities programs and humanities programs, respectively), time to degree, job placement within academia, percentage of first-year students with full financial support, and whether a program collects data about the employment outcomes of its graduates. The relative importance of these variables was determined by the direct assessments of some 50 faculty in each field. Your weight = 2. Larger values are better. (Source: NRC, 2010)
Placement Rate (Jobs at Grad)
This variable shows the percentage of students with definite plans at graduation (either a job or a postdoctoral position), based on data from the student questionnaire. Your weight = 2. Larger values are better. (Source: SED, 2000–2004)
Diversity in the academic environment (Diversity)
This variable shows a composite measure of diversity generated by the National Research Council. It includes data on percent of faculty and students from underrepresented minorities, percent of female faculty and students, and percent of international faculty and students. The relative importance of these variables was determined by the direct assessments of some 50 faculty in each field. Your weight = 1. Larger values are better. (Source: NRC, 2010)
In-State Graduate Tuition (In-State Tuition)
This variable shows the amount of tuition paid by graduate students who are permanent residents of the same state in which the program is based. Your weight = -2. Smaller values are better. (Source: IPEDS, 2009)
Off Campus Room and Board (Room Board)
This variable shows the estimated cost of housing and meals for a typical student sharing a room with one other student over the course of one academic year. Your weight = -2. Smaller values are better. (Source: IPEDS, 2009)

Data Sources

Integrated Postsecondary Education Data System
IPEDS is an annual, comprehensive set of surveys of all colleges and universities in the United States. The surveys are conducted by the National Center for Education Statistics.   Learn more
National Research Council
The National Research Council conducts periodic assessments of doctoral programs in the United States. Our data comes from the most recent assessment in 2010.   Learn more
Survey of Earned Doctorates
The NSF/NIH/NEH/USED/USDA/NASA Survey of Earned Doctorates is an annual survey of all new recipients of doctorates from US universities at graduation. The average of the response rates for the 2000–2004 surveys was 92%.   Learn more
Survey of Graduate Students and Postdoctorates in Science and Engineering
The Survey is an annual assessment of the number and characteristics of graduate students and postdoctoral researchers in science, engineering, and health-related fields It is conducted by the National Science Foundation.   Learn more
* Value is missing. The value shown is based on the average for other programs in the same field. Learn more.

The graduate school rankings on PhDs.org have been made possible by grants from The Alfred P. Sloan Foundation and The Burroughs Wellcome Fund.
The National Postdoctoral Association and The Center for Science and the Media have served as the project's fiscal sponsors.