Best Colleges for Economics Majors in California?

Economic degrees are in extreme demand by many organizations. According to Capital in the Twenty-First Century, an economics major has an excellent track record of producing some of the highest salaries, in comparison to many other graduate majors.

There are a variety of reasons to major in economics: prospects of a good job, the intellectual challenge, as well as, the opportunity to follow in the footsteps of some of the most significant thinkers of all time. The first step in realizing a dream career in economics is finding the right school.

What Are the Best Colleges for Economics Majors in California?

Stanford University

Economics has been taught at Stanford University since opening its doors in 1891. The major is one of the most popular at Stanford University. In fact, Stanford University has the highest graduation rate for all economic departments in the state at 96%. The economics major is grouped into tracks:

  • Behavioral and experimental
  • Finance
  • International and development
  • Policy
  • Research
  • Strategy

The Department of Economics also offers numerous programs:

  • A master’s degree is available to currently enrolled Economic Ph.D. candidates or Pd.D. candidates from other departments within Stanford University
  • The Department of Economics at Stanford University offers a full-time program leading to a Doctoral Degree in economics
  • The economics department also features an economics minor and an economics honors program
  • The department features Introductory Economic Center (IEC). The center was founded in 1997. The center seeks to promote high-quality teaching and innovative programs especially at the introductory levels of economics

Other programs featured by Stanford University Economics Department include:

  • Summer Economics Research Assistant Program
  • Undergraduate Research Assistant Opening Peer Advising
  • Student Association for Economic Major’s
  • Stanford Economics Alumni Speaker’s Series

Stanford University Economics Programs at a Glance:

  • Tuition $61,300
  • Stanford University economic majors get an earnings boost of 41.1% over the average earnings of other economic majors.
  • US News and World Report global ranking: number 3 best global universities

University of California, Berkeley

The University of California, Berkeley Department of Economics was founded in 1903. The department is consistently ranked among the world’s top research departments. The department is also renowned for creativity and advancement of women in academia. The department boasts five Nobel prizes and five John Bates Clark medals. The department offers Bachelor of Arts (BA). Students who apply to the major must have completed or been currently enrolled in all the major’s prerequisites. Applicants to the program must have a minimum GPA of 3.0 in the prerequisite courses taken at University of California, Berkeley.

The economic department features numerous centers:

  • Econometrics laboratory
  • Center for Risk Management Research
  • Center for Effective Global Action
  • Center for Regulatory Policy
  • Center for Labor Economics
  • Robert D. Burch Center for Tax Policy and Public Finance
  • Center for Economics and Demography of Aging

University of California, Berkeley Economics Programs at a Glance:

  • Tuition: $32,845
  • Starting salary of graduates: $54,700
  • University of California, Berkeley economics major graduates earn the 6th highest salaries after leaving school
  • Ranking according to college factual: number 23 Top rated economic program
  • The program is ranked 3rd in California
  • S News World report ranks the program number 4 for Best Global Universities for Economics

California Institute of Technology

The Economics department at California Institute of Technology features multiple social sciences options; economics, political science and BEM (Business, Economics, and Management). The economics major offered at California Institute of Technology is highly analytical, technical and theory oriented. The major also has a quantitative approach, being math and data-heavy.  The major equips students with the analytical tools to operate successfully in a modern business environment

Students often pair the business economic and management option as a double major with a science or engineering option. The option also serves as a stand-alone major for students interested in careers in the financial industry, consulting or entrepreneurial ventures.

The major features the following components:

  • Economic theory component
  • A data analysis component
  • An applied microeconomic component
  • A macroeconomic / growth component

California Institute of Technology Economics Programs at a Glance:

  • Tuition: $60,113
  • Starting salary of graduates: $68,400
  • Higher Education ranking; number 38

San Diego State University

San Diego State University offers an economics major that is characterized by some unique features:

  • The economic students association seeks to promote an interest in crucial governmental economic and social issues
  • The opportunity to join Omicron Delta Epsilon an international honor society
  • The Social Research Laboratory that offers free research training for economics majors
  • Internship possibilities that include positions with international import/export companies as well as the city and the county financial planning departments
  • A special study course that allows a student to work on their research project with a faculty member of their choice

The program features:

  • A major in economics
  • A minor in economics
  • An MA program in economics

Requirements for the major include 27 upper division units and 18 prerequisite units. The students must also pass the writing placement assessment with a score of 10. The applicants should also have a 2.4 GPA to be eligible.

Scholarships Offered to Economics Majors at San Diego State University:

  • Terhune Economics scholarship

The scholarship is open to currently enrolled graduate students in economics. To qualify:

  • The student must have had a GPA of 3.0
  • Be undertaking 6 or more units in the MA program for economics
  • McCone Endowed economics scholarship

The scholarship is open to currently enrolled undergraduate students in economics. To qualify:

  • A student must have a minimum of GPA of 3.0
  • A student must also demonstrate financial need

Other scholarships administered by San Diego State University Economic Department include:

  • Center for Public Economics Scholarships Program
  • The Weintrauh Paper Award

San Diego State University Economics Programs at a Glance:

  • Tuition: $6,976 in state tuition and $18,136 out of state tuition
  • Graduate salary: $59,000
  • Ranking: Economic Colleges Ranking top 100 in the U.S and number 11 in California

Take a tour of California with California College Bound.  From University of California schools to California State University schools (and everything in between), our travel tours visit the best colleges in the US.

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