Best Online Master’s in Economics

Find top-ranked online master’s in economics degree programs that have rich histories of hiring and producing influential economists. A great online master’s in economics can prepare you for a rewarding career and career advancement.

Best Online Master’s in Economics

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.

Best Online Bachelor's in Economics Degrees Programs

How do we determine the best online economics master's degree programs?

Methodology

Pursing your degree online doesn’t mean you need to settle for a inferior school. Today, most universities and colleges offer online degrees, and many respected schools are seeing significant growth in their numbers of online students.

The people affiliated with a school are ultimately what make it great. This is why influence — i.e., the academic impact of faculty and alumni associated with a school — gets at the heart of what is truly best in education. The combined influence score of a college or university’s top academic influencers is the best indicator of academic excellence. For our online degree rankings, we focus on the academic influence of faculty and alumni in the specific disciplines we’re ranking.

If you are serious about finding the best online colleges, you should be asking where the most influential professors are teaching, and whether their graduates themselves are advancing the school’s reputation for academic excellence. Most ranking sites rely on an opaque combination of reputation surveys and arbitrary performance metrics. Influence, as measured by our InfluenceRanking engine, provides a ranking that is free from bias, insulated from manipulation, and reflective of real-world educational outcomes.

Ranking: Best Online Masters’s in Economics Degree Programs

  1. #1

    Johns Hopkins University

    #22 institution's historical influence
    #21 overall school desirability

    Tuition + fees

    $54K

    Acceptance

    11%

    Graduation

    94%

    Student body

    26K

    Median SAT/ACT

    1510/34

    Baltimore, MD

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    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
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  2. #2

    Northeastern University

    #294 institution's historical influence

    Tuition + fees

    $55K

    Acceptance

    20%

    Graduation

    90%

    Student body

    23K

    Median SAT/ACT

    1465/33

    Boston, MA

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    Online Degrees

    MS in Commerce and Economic Development
    • Required Credits: 36
    • Completion time: 12-18 months
    • Format: Online
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  3. #3

    University of Missouri

    #108 institution's historical influence
    #1169 overall school desirability

    Tuition + fees

    $11K

    Acceptance

    82%

    Graduation

    73%

    Student body

    25K

    Median SAT/ACT

    1230/26

    Columbia, MO

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    Online Degrees

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

    University of Arizona

    #88 institution's historical influence
    #605 overall school desirability

    Tuition + fees

    $12K

    Acceptance

    85%

    Graduation

    65%

    Student body

    39K

    Median SAT/ACT

    1235/25

    Tucson, AZ

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    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
  5. #5

    University of North Carolina at Greensboro

    #944 institution's historical influence
    #1364 overall school desirability

    Tuition + fees

    $7K

    Acceptance

    88%

    Graduation

    59%

    Student body

    18K

    Median SAT/ACT

    1095/22

    Greensboro, NC

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    Online Degrees

    MA in Applied Economics
    • Required Credits: 30-33
    • Completion time: 12-24 months
    • Format: Online
  6. #6

    Southern New Hampshire University

    #1468 institution's historical influence
    #1034 overall school desirability

    Tuition + fees

    $10K

    Acceptance

    94%

    Graduation

    37%

    Student body

    84K

    Manchester, NH

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    Online Degrees

    MS in Applied Economics
    • Required Credits: 36
    • Completion time: None Reported
    • Format: Online
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  7. #7

    Manhattan College

    #751 institution's historical influence
    #352 overall school desirability

    Tuition + fees

    $46K

    Acceptance

    78%

    Graduation

    70%

    Student body

    4K

    Median SAT/ACT

    1170/25

    Riverdale, NY

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    Online Degrees

    MBA – Finance and Economics

    Concentrations

    • Finance and Economics
    • Required Credits: 36
    • Completion time: 2-3 years
    • Format: Online
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  8. #8

    Missouri State University

    #1436 institution's historical influence
    #1219 overall school desirability

    Tuition + fees

    $8K

    Acceptance

    87%

    Graduation

    58%

    Student body

    17K

    Median SAT/ACT

    1140/24

    Springfield, MO

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    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. #9

    Northwood University

    #3269 institution's historical influence
    #917 overall school desirability

    Tuition + fees

    $29K

    Acceptance

    77%

    Graduation

    58%

    Student body

    3K

    Median SAT/ACT

    1075/21

    Midland, MI

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    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
  10. #10

    Youngstown State University

    #1531 institution's historical influence
    #1321 overall school desirability

    Tuition + fees

    $9K

    Acceptance

    70%

    Graduation

    47%

    Student body

    11K

    Median SAT/ACT

    1075/21

    Youngstown, OH

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    Online Degrees

    MA in Financial Economics
    • Required Credits: 30
    • Completion time: None Reported
    • Format: Online
  11. #11

    Empire State College

    #1650 institution's historical influence

    Tuition + fees

    $8K

    Graduation

    27%

    Student body

    7K

    Saratoga Springs, NY

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    Online Degrees

    MA in Community and Economic Development
    • Required Credits: 36
    • Completion time: 2-3 years
    • Format: Online
  12. #12

    Murray State University

    #1786 institution's historical influence
    #410 overall school desirability

    Tuition + fees

    $9K

    Acceptance

    77%

    Graduation

    53%

    Student body

    8K

    Median SAT/ACT

    1142/24

    Murray, KY

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    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
  13. #13

    University of Detroit Mercy

    #769 institution's historical influence
    #262 overall school desirability

    Tuition + fees

    $30K

    Acceptance

    79%

    Graduation

    73%

    Student body

    4K

    Median SAT/ACT

    1155/24

    Detroit, MI

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    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
    REQUEST INFO
  14. #14

    West Texas A&M University

    #2574 institution's historical influence
    #1327 overall school desirability

    Tuition + fees

    $8K

    Acceptance

    58%

    Graduation

    44%

    Student body

    8K

    Median SAT/ACT

    1040/20

    Canyon, TX

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    Online Degrees

    MS in Finance and Economics
    • Required Credits: 36
    • Completion time: 2-3 years
    • Format: Online
  15. #15

    University of Houston–Victoria

    #5385 institution's historical influence
    #612 overall school desirability

    Tuition + fees

    $7K

    Acceptance

    67%

    Graduation

    19%

    Student body

    3K

    Median SAT/ACT

    1009/18

    Victoria, TX

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    Online Degrees

    MS in Economic Development and Entrepreneurship
    • Required Credits: 30
    • Completion time: 2-3 years
    • Format: Online
  16. #16

    University of Massachusetts Lowell

    #973 institution's historical influence

    Tuition + fees

    $16K

    Acceptance

    75%

    Graduation

    69%

    Student body

    15K

    Median SAT/ACT

    1235/26

    Lowell, MA

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    Online Degrees

    MA in Security Studies

    Concentrations

    • Industrial And Economic Security
    • Required Credits: 15
    • Completion time: None Reported
    • Format: Online
  17. #17

    Park University

    #2469 institution's historical influence
    #640 overall school desirability

    Tuition + fees

    $9K

    Graduation

    28%

    Student body

    8K

    Parkville, MO

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    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
  18. #18

    Utica College

    #2604 institution's historical influence
    #837 overall school desirability

    Tuition + fees

    $22K

    Acceptance

    86%

    Graduation

    54%

    Student body

    4K

    Utica, NY

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    Online Degrees

    MBA in Economic Crime

    Concentrations

    • Economic Crime and Fraud Management
    • Required Credits: 30
    • Completion time: 2-3 years
    • Format: Online
  19. #19

    Colorado Christian University

    #3913 institution's historical influence

    Tuition + fees

    $25K

    Graduation

    61%

    Student body

    6K

    Lakewood, CO

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    Online Degrees

    MS in Economics
    • Required Credits: 30
    • Completion time: 15 months
    • Format: Online
    REQUEST INFO
  20. #20

    Saginaw Valley State University

    #3684 institution's historical influence
    #679 overall school desirability

    Tuition + fees

    $11K

    Acceptance

    89%

    Graduation

    48%

    Student body

    7K

    Median SAT/ACT

    1085/22

    University Center, MI

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    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
    REQUEST INFO

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Online Degree Frequently Asked Questions

If this is your first time taking an online course, the experience may require some adjustment. While you’ll generally learn the same content and take the same exams as your on-campus peers, the medium will likely require you to manage much of this experience independently. You’ll be accountable for your own time management, your ability to harness the technology at your fingertips, and your ability to focus on the lectures, lessons, and assignments at hand. This means you’ll need to create a suitable workspace for yourself, maintain a realistic schedule, and take it upon yourself to build relationships with your instructors and classmates. With online college, your goal is to find a balance between independence and engagement.

No. The only part of online education that’s easier is actually getting there. Taking the commute out of the equation means getting to class should be a lot more manageable. But that’s where it ends. In general, your online courses will incorporate the very same materials, concepts, and testing methods as would a traditional classroom.

And in many cases, you’ll even have the same instructors as your on-campus counterparts. In fact, if you are adjusting to the experience of independent learning or working with remote learning technology for the first time, online college may even be a little more challenging for you. For a few insights on how to manage this new experience, check out our 10 Tips for Adjusting to School Online.

Accreditation is especially important when it comes to online college. This is because the online education landscape is a mix of highly-reputable institutions and less-than-reputable for-profit schools. Accreditation gives you the power to differentiate between the two. Accreditation is a stamp of approval from an independent accrediting agency which indicates that a college or university is meeting standards of quality, credibility, and currency. School-wide accreditation falls into two major categories: regional and national accreditation. Regional accreditors generally hold jurisdiction only over schools in the states comprising their region, whereas national accreditors hold jurisdiction over schools in all states. Regional accreditation is widely regarded as a more rigorous standard of quality and credibility than national accreditation.

Attending a college or university which is not regionally accredited could limit your opportunities. When seeking an online education, we strongly recommend that students opt for regionally accredited schools. Regional accreditation ensures eligibility for federal loans and grants, ensures your college credits can be transferred between schools, and ensures that your degree credits can be accepted if you wish to earn an advanced degree.

As long as your online college degree is regionally accredited, you should have little difficulty transferring most of your credits or credentials to another regionally accredited undergraduate school. Every school carries its own standards and procedures for granting a transfer. In many cases, you will be required to navigate a bureaucracy in which some of your credits will be transferred and others will be jettisoned. However, provided that you have attended an online school with the proper regional accreditation, you should have plenty of options for transfer.

In most cases, as long you graduate from a well-regarded, regionally-accredited online college, prospective employers won’t look sideways at your degree. In fact, unless you attend an exclusively online college or university, there will likely be no specific indicator on your degree, transcript or resume differentiating your school from its brick-and-mortar counterpart. This means that your employer will likely only differentiate between an online and in-person degree if you mention this distinction.

While some employers may express concern about making the adjustment from online education to in-person workplace collaboration, many other employers will view your online degree as evidence of valuable 21st Century professional skills such as independence, self-motivation, time management, and tech savvy.

If you are a student who thrives on the dynamic energy of in-person discussion, who requires the physical surroundings of a classroom to feel engaged, or who considers the social aspects of education to be of equal importance to the actual content of your courses, online education will require some adjustment.

While there is much that can be supplanted or simulated through the online medium, some students may find that there is nothing which can replace the conversation, collaboration, and motivation that occur in an actual classroom setting. As you make the adjustment to online education, one of the biggest challenges you will likely face is overcoming this difference in order to the get the most out of your classes. Fortunately, we’ve got some great Tips for Online Education Beginners.

The advantages of online classes are many. First and foremost, online courses give you the freedom and flexibility to attend class from anywhere that works for you, whether you’re at home, in a coffee shop, or in a quiet conference room at work. In many cases, you’ll also enjoy the convenience of asynchronous learning opportunities—educational experiences that you can complete on your own schedule. This may include pre-taped lectures, ongoing chat-board discussions, and 24/7 access to digital materials. And of course, just as there are some learners who prefer the energy of a live classroom, there are those who learn best when working in their own personal space, free from distractions. If this sounds like you, you might find the solitude of online learning to be a major advantage.

Resources for Prospective Grad Students