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Admissions Office

Financial Aid Office

ACCEPTANCE RATE

74.89%

FINANCIAL AID RATE

90%

STUDENT TEACHER RATIO

18:1

DEGREE OFFERED ONLINE

8

FINANCIAL AID AWARD AVG.

$7,241

Average Grants + Scholarship Aid Awarded to Undergraduate Students

Percent of Full-Time Undergraduates Receiving Financial Aid

Percent of Students Paying In-State Tuition vs Out-of-State Tuition

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Economics Degree

The economics program at University of Minnesota – Duluth prepares students for careers as a consultant, financial analyst, market analyst, public policy analyst, purchasing manager, and research assistant. The program focuses on the systematic study of the production, conservation, and allocation of resources in conditions of scarcity, together with the organizational frameworks related to these processes. Program courses include: economic theory, micro and macroeconomics, comparative economic systems, money and banking systems, international economics, quantitative analytical methods, and public policy issues. Get more details below including other Minnesota colleges that offer economics degrees.

Learn more by requesting information now!

University of Minnesota – Duluth

1750 WEIR DRIVE, WOODBURY, MN

UMD is a public school that has a fair number of degree programs available for students to choose from. The school is located in Duluth, MN, in a predominantly urban area. Enrollment at UMD exceeds twelve thousand per year.

A list of some of the more popular programs offered are:

  • Psychology
  • Business And Marketing Studies
  • Biological And Biomedical Sciences
  • Communications And Journalism

Students applying for admission are asked to submit an application, transcripts, records, standardized test scores and any requested letters of recommendations, which will then be reviewed by the admissions staff. A SAT or ACT exam may be required prior to applying, with scores between 1400 to 1780 for the SAT exam and between 22 to 26 on the ACT is typical among students admitted to UMD. University of Minnesota - Duluth accepts approximately 80% of applicants yearly. Of those applicants admitted, nearly 37% registered for enrollment. More information regarding admissions can be found here.

The tuition at this school varies based on the state of residence of the student. In-state residents pay approximately $14,000 per year, while out-of-state residents are charged $16,000 annually. UMD may offer financial aid for students who qualify as scholarships, grants, and loans.

The UMD Bulldogs participate in several athletic programs, within the NCAA organization. Available sports offered may include the following:

  • Baseball (NCAA Division II)
  • Basketball (NCAA Division II)
  • Track & Field (NCAA Division II)
  • Football (NCAA Division II)

For a complete list of programs offered, enrollment information, student services, and more, please visit the school's website at http://www.d.umn.edu/.

Students Enrolled in the Economics Program

Get more details below regarding enrollment, academics, and school demographics. University of Minnesota – Duluth offers a bachelor's degree program in economics.

Students by Gender (2019)

 Graduates
Male18
Female8

Students by Race (2019)

 Graduates
Asian2
Hispanic1
White21
Multiple Races1
Non Resident Alien1

Source: IPEDS Survey 2012-2020: Data obtained from the US Dept. of Education's Integrated Postsecondary Education Data System (IPEDS). Data may vary depending on school and academic year.

Career Options for Graduates

Students who have completed the Economics program at University of Minnesota – Duluth, have entered into some of these more popular career paths listed below:

Regulatory Affairs Managers

Description

Plan, direct, or coordinate production activities of an organization to ensure compliance with regulations and standard operating procedures.

Economists

Description

Conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. May collect and process economic and statistical data using sampling techniques and econometric methods.

Career Outlook & Projections ()

According to the BLS, economists employment is expected to grow at a rate of 5.7% from 2014 to 2024

Salary & Wages

  • Minneapolis-St. Paul-Bloomington, MN-WI
    • Total Employment: 230
    • Average Hourly Rate: $33.08
    • Average Annual Salary: $68800

Source: Job descriptions, estimated salary and wages, and projected job growth are taken from the Bureau of Labor Statistics (BLS).

Admission Requirements & Details

The information regarding admissions below may give an overview of the applicants University of Minnesota – Duluth accepts. The details may include admissions application requirements and recommendations, as well as any AP or college credits that may be transferred.

College Credits Accepted

  • Dual Credits
  • Life Experience Credits
  • AP Course Credits
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Academics & Student Services

Student Services

To help students and recent graduates, University of Minnesota – Duluth may provide services to students like:

  • Online classes
  • Night and weekend classes available
  • Remedial instructional courses
  • Career path counseling
  • Student employment
  • Employment search assistance
  • Day care for children

Intercollegiate Athletics

University of Minnesota – Duluth is a Member of National Collegiate Athletic Association (NCAA), with many of the sports being in the NCAA Division II with football classification. The most popular sports played are listed below:

  • Baseball (Northern Sun Intercollegiate Conference)
  • Basketball (Northern Sun Intercollegiate Conference)
  • Track and Field (Northern Sun Intercollegiate Conference)
  • Football (Northern Sun Intercollegiate Conference)
  • Ice Hockey
  • Soccer
  • Softball
  • Tennis
  • Volleyball