Best Online Master’s in Economics 2025

Badge for BEST ONLINE MASTER'S IN ECONOMICS

2025 Ranking Update

Our Influence Ranking Engine™ leverages machine learning to track the real-world influence of colleges and universities over time. Below you’ll see which schools gained or last ground for the 2025 school year.

In 2025, Northeastern University and the University of Arizona swapped ranking positions. The University of Detroit Mercy, not previously in the top ten, moved into the seventh ranking position.

Featured Programs

Ranking: Best Online Masters’s in Economics Degree Programs

  1. #1

    Johns Hopkins University

    Baltimore , MD
    Other Rankings

    Tuition + fees

    $60K

    Acceptance

    7%

    Graduation

    94%

    Student body

    40K

    Median SAT/ACT

    1545/34

    Career Outlook for Economics degree at Johns Hopkins University

    Cost of Degree: $62,962
    Expenses: $20,320
    Starting Salary: $77,682
    Salary after 4 years: $111,224
    Cost Recoup Time: 8 years
    Paid back at 15% of annual salary

    Online Degrees

    MS in Applied Economics
    • Required Credits: 30
    • Completion time: 1-2 years
    • Format: Online
    MS in Applied Economics and Certificate in Financial Management
    • Required Credits: 45
    • Completion time: None Reported
    • Format: Online
    MS/MBA in Applied Economics and MBA Dual Degree
    • Required Credits: 66
    • Completion time: None Reported
    • Format: Online
    MS in Applied Economics and Certificate in Investments
    • Required Credits: 45
    • Completion time: None Reported
    • Format: Online
  2. Other Rankings

    Tuition + fees

    $13K

    Acceptance

    87%

    Graduation

    68%

    Student body

    54K

    Median SAT/ACT

    1255/25

    Career Outlook for Economics degree at University of Arizona

    Cost of Degree: $14,015
    Expenses: $18,350
    Starting Salary: $72,003
    Salary after 4 years: $87,152
    Cost Recoup Time: 5 years
    Paid back at 15% of annual salary

    Online Degrees

    Master in Legal Studies

    Concentrations

    • International Economic Law and Policy
    • Compliance and Legal Risk Management
    • Intellectual Property
    • Indigenous Peoples Law and Policy
    • Human Rights
    • Mining Law and Policy
    • Environmental Law and Policy
    • Tax Law and Policy
    • Criminal Law and Policy
    • Family and Juvenile Law
    • Required Credits: 30
    • Completion time: None Reported
    • Format: Online
  3. #3

    University of Missouri

    Columbia , MO
    Other Rankings

    Tuition + fees

    $12K

    Acceptance

    79%

    Graduation

    75%

    Student body

    34K

    Median SAT/ACT

    1240/26

    Career Outlook for Economics degree at University of Missouri

    Cost of Degree: $11,794
    Expenses: $17,240
    Starting Salary: $72,774
    Salary after 4 years: $88,085
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary

    Online Degrees

    MA in Economics
    • Required Credits: 30
    • Completion time: None Reported
    • Format: Online
  4. Other Rankings

    Tuition + fees

    $7K

    Acceptance

    92%

    Graduation

    58%

    Student body

    21K

    Median SAT/ACT

    1195/24

    Career Outlook for Economics degree at University of North Carolina at Greensboro

    Cost of Degree: $8,295
    Expenses: $13,052
    Starting Salary: $52,588
    Salary after 4 years: $63,652
    Cost Recoup Time: 5 years
    Paid back at 15% of annual salary

    Online Degrees

    MA in Applied Economics
    • Required Credits: 30-33
    • Completion time: 12-24 months
    • Format: Online
  5. Other Rankings

    Tuition + fees

    $31K

    Acceptance

    91%

    Graduation

    73%

    Student body

    6K

    Median SAT/ACT

    1084/23

    Career Outlook for Economics degree at University of Detroit Mercy

    Cost of Degree: $21,626
    Expenses: $14,560
    Starting Salary: $46,714
    Salary after 4 years: $66,884
    Cost Recoup Time: 7 years
    Paid back at 15% of annual salary

    Online Degrees

    MA in Economics
    • Required Credits: 30
    • Completion time: None Reported
    • Format: Online
    MA in Financial Economics
    • Required Credits: 30
    • Completion time: None Reported
    • Format: Online
  6. Other Rankings

    Tuition + fees

    $16K

    Acceptance

    86%

    Graduation

    71%

    Student body

    22K

    Median SAT/ACT

    1259/28

    Career Outlook for Economics degree at University of Massachusetts Lowell

    Cost of Degree: $15,676
    Expenses: $16,550
    Starting Salary: $73,546
    Salary after 4 years: $89,019
    Cost Recoup Time: 5 years
    Paid back at 15% of annual salary

    Online Degrees

    MA in Security Studies

    Concentrations

    • Industrial And Economic Security
    • Required Credits: 15
    • Completion time: None Reported
    • Format: Online
  7. Other Rankings

    Tuition + fees

    $10K

    Acceptance

    81%

    Graduation

    49%

    Student body

    13K

    Median SAT/ACT

    995/21

    Career Outlook for Economics degree at Youngstown State University

    Cost of Degree: $6,562
    Expenses: $14,566
    Starting Salary: $51,688
    Salary after 4 years: $62,562
    Cost Recoup Time: 5 years
    Paid back at 15% of annual salary

    Online Degrees

    MA in Financial Economics
    • Required Credits: 30
    • Completion time: None Reported
    • Format: Online
  8. #10

    Missouri State University

    Springfield , MO
    Other Rankings

    Tuition + fees

    $9K

    Acceptance

    93%

    Graduation

    58%

    Student body

    27K

    Median SAT/ACT

    1101/23

    Career Outlook for Economics degree at Missouri State University

    Cost of Degree: $7,122
    Expenses: $15,418
    Starting Salary: $57,216
    Salary after 4 years: $69,254
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary

    Online Degrees

    MPA in Public Administration

    Concentrations

    • Economic development
    • Local government management
    • Public policy
    • Public safety
    • Required Credits: None Reported
    • Completion time: None Reported
    • Format: Online
  9. Other Rankings

    Tuition + fees

    $15K

    Acceptance

    96%

    Graduation

    41%

    Student body

    224K

    Career Outlook for Economics degree at Southern New Hampshire University

    Cost of Degree: $19,470
    Expenses: $21,900
    Starting Salary: $43,669
    Salary after 4 years: $62,525
    Cost Recoup Time: 8 years
    Paid back at 15% of annual salary

    Online Degrees

    MS in Applied Economics
    • Required Credits: 36
    • Completion time: None Reported
    • Format: Online
  10. Other Rankings

    Tuition + fees

    $9K

    Acceptance

    84%

    Graduation

    58%

    Student body

    11K

    Median SAT/ACT

    1077/22

    Career Outlook for Economics degree at Murray State University

    Cost of Degree: $10,071
    Expenses: $15,655
    Starting Salary: $54,388
    Salary after 4 years: $65,831
    Cost Recoup Time: 5 years
    Paid back at 15% of annual salary

    Online Degrees

    MS in Economic Development
    • Required Credits: 30
    • Completion time: 10-12 months
    • Format: Online
    MBA in Economic Development

    Concentrations

    • Business Analytics
    • Cybersecurity
    • Economic Development
    • Finance
    • Global Communications
    • Healthcare Administration
    • Marketing
    • Required Credits: 30
    • Completion time: 12-18 months
    • Format: Online
    MPA in Economic Development

    Concentrations

    • General
    • Economic Development
    • Healthcare Administration
    • Public and Community Health
    • Public Management
    • Required Credits: 36
    • Completion time: 12 months
    • Format: Online
  11. #14

    Park University

    Parkville , MO
    Other Rankings

    Tuition + fees

    $13K

    Graduation

    23%

    Student body

    12K

    Career Outlook for Economics degree at Park University

    Cost of Degree: $6,663
    Expenses: $13,335
    Starting Salary: $44,191
    Salary after 4 years: $63,272
    Cost Recoup Time: 4 years
    Paid back at 15% of annual salary

    Online Degrees

    MBA in Business Economics

    Concentrations

    • Accounting
    • Business Economics
    • International Business and Economic Development
    • Labor Economics
    • Computer Information Management
    • Corporate Financial Management
    • Digital Marketing
    • Entrepreneurship
    • Health Care
    • Human Resource Management
    • International Business
    • Logistics
    • Management
    • Marketing
    • Personal Financial Planning
    • Professional Sales
    • Project Management
    • Required Credits: 48
    • Completion time: 1-2 years
    • Format: Online
  12. #15

    Saginaw Valley State University

    University Center , MI

    Tuition + fees

    $12K

    Acceptance

    76%

    Graduation

    50%

    Student body

    8K

    Median SAT/ACT

    1075/22

    Career Outlook for Economics degree at Saginaw Valley State University

    Cost of Degree: $16,362
    Expenses: $13,720
    Starting Salary: $54,902
    Salary after 4 years: $66,453
    Cost Recoup Time: 6 years
    Paid back at 15% of annual salary

    Online Degrees

    MBA in Business Administration

    Concentrations

    • Accounting
    • Business Analytics
    • Criminal Justice
    • Economics
    • Entrepreneurship
    • Executive
    • Finance
    • Financial Planning
    • General
    • Global
    • Management
    • Healthcare Management
    • Hospitality Management
    • Human Resources
    • Information Security
    • Information Systems
    • Leadership
    • Marketing
    • Project Management
    • Public Administration
    • Supply Chain Management
    • Required Credits: 31
    • Completion time: 18-24 months
    • Format: Online
  13. #16

    Northwood University

    Midland , MI
    Other Rankings

    Tuition + fees

    $32K

    Acceptance

    80%

    Graduation

    63%

    Student body

    3K

    Median SAT/ACT

    1055/20

    Career Outlook for Economics degree at Northwood University

    Cost of Degree: $37,080
    Expenses: $16,222
    Starting Salary: $47,758
    Salary after 4 years: $68,378
    Cost Recoup Time: 9 years
    Paid back at 15% of annual salary

    Online Degrees

    MBA with Economics concentration

    Concentrations

    • Economics
    • Accounting
    • Advertising & Marketing
    • Aftermarket Management
    • Automotive Marketing & Management
    • Cybersecurity Management
    • Entertainment
    • Sport & Promotion Management
    • Esports Management
    • Fashion Marketing & Management
    • Finance
    • Franchising Management
    • Required Credits: 36
    • Completion time: 12-24 months
    • Format: Online
  14. Other Rankings

    Tuition + fees

    $18K

    Graduation

    61%

    Student body

    16K

    Career Outlook for Economics degree at Colorado Christian University

    Cost of Degree: $15,083
    Expenses: $12,774
    Starting Salary: $38,798
    Salary after 4 years: $55,550
    Cost Recoup Time: 6 years
    Paid back at 15% of annual salary

    Online Degrees

    MS in Economics
    • Required Credits: 30
    • Completion time: 15 months
    • Format: Online

Career Outlook for Students with Economics Degree

Go to Degree Finder tool

Economics

Degree Level: Master's

  • Location: The U.S. (Private Schools)
  • Avg. Cost of Degree*: $13,155
  • Avg. Expenses*: $18,637
  • Avg. Starting Salary*: $72,076
  • Avg. Salary after 4 Years*: $87,240
  • Avg. Cost Recoup Time**: 5 years
  • Job Growth: 2.32%
  • Number of Jobs: 2,376,200
  • * denotes ‘annually’
  • ** denotes ‘at 15% of annual salary’

Career Salaries

CareerJob GrowthAvg. Salary
Economists6.25%$108,366
Managers, All Other3.35%$106,040
Economics Teachers, Postsecondary4.05%$104,688
Data Scientists35.11%$91,799
Statisticians31.83%$90,928

Average Career Salaries

Bottom 10%MedianTop 10%
$53,242$90,147$141,124

Promising Job Markets

StateCost of LivingAvg. Salary
#2 Alabama13% higher than average$102,252
#3 Illinois7% higher than average$101,612
#4 Virginia5% higher than average$99,747
#5 New York5% higher than average$108,048
#6 Texas10% higher than average$92,580

Top Industries

IndustryAvg. Salary
Economists$108,366
Managers, All Other$106,040
Economics Teachers, Postsecondary$104,688

An online master’s in economics is an excellent degree for those who wish to advance a career in banking, financial consulting, brokerage, financial analysis, and a host of other well-paying careers. As a master of economics, you could choose from an array of specializations, including global trade, financial market behavior, retail cost analysis, insurance risk assessment, and countless other areas. The best graduate schools for economics will have regional and programmatic accreditation, offer a full array of economics specializations, and give you the chance to conduct research alongside the most influential professors and classmates.

Frequently Asked Questions About Online Master’s in Economics Programs

Students who wish to become economists, or leaders in areas such as financial consultation and investment advising, should consider earning this advanced degree. Opportunities such as policy analyst and data scientist are often reserved for those who have earned a master’s degree. If you plan to conduct research or teach at the post-secondary level, this advanced degree is widely seen as an important threshold on your path to a PhD.

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The emphasis on academic credentials in economics is high. Your advanced degree will make you more appealing to employers and open the door to greater career advancement. You could also work in a wide variety of professional settings. According to the Bureau of Labor Statistics, in 2019, 23% of economists worked as researchers and analysts in the financial government, with an additional 9% working in government at the state level. 18% worked in scientific development and another 17% were working in management, scientific, and technical consulting services. Just 7% were employed in the areas of finance and insurance, suggesting that as a graduate with a master’s in economics, you have a lot of career options.

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You now have the choice to pursue a master’s in economics online from top-notch colleges and universities. For many, the flexibliilty of online degree programs mean the have the opportunity to get a degree when previously it may have been difficult or nearly impossible.

Some master’s in economics degree programs may require you to complete a Graduate Record Examination (GRE). Scoring requirements will vary from one economics master’s program to the next.

If no GRE is required, the primary requirement for gaining eligibility into an economics master’s program is completion of a bachelor’s degree from a properly accredited undergraduate school. While programmatic accreditation is not specifically required in this field, most regionally accredited graduate schools will require that your bachelor’s degree be granted by a regionally accredited college or university.

Direct any further questions to a representative from your intended program including inquiries about application requirements, work experience, academic performance thresholds, referrals, and prerequisite courses. If you’re still working on building your qualifications, check out our look at the economics major to find out how you can get an undergraduate degree in economics.

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According to the Bureau of Labor Statistics (BLS), the number of job opportunities for economists is expected to grow at a robust rate of 14% by 2029. Depending on what you choose to do within the field, your economics degree could also lead to well above-average pay. The BLS reports that financial analysts earned a median salary of $81,590 in 2019, while personal financial advisors earned $87,850, and economists pulled in $105,020.

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Learn more about what you can do with a master’s in economics.

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