Top 10 Universities For Economics In The World

Economics is a popular subject with international students because of its excellent career prospects. An Economics degree from a top university could lead to a career in accountancy, banking, finance and many other areas. So these are our best universities for Economics.

1. Harvard University

Founded in 1636, Harvard University is the oldest higher education institution in the U.S. The bulk of Harvard’s students study at the graduate level and more than 20 percent of the student body is international. The university is made up of the undergraduate college, as well as 11 other degree-granting institutions including the highly ranked Business and economics School, Graduate School of Education, Law School and the John F. Kennedy School of Government. The university’s academic calendar is semester-based and English is the language of instruction. The Harvard Library is the largest academic library in the world, boasting around 19 million volumes at its more than 70 libraries.

2. Massachusetts Institute of Technology

Massachusetts Institute of Technology, founded in 1861, is located in Cambridge, Massachusetts, near Boston. Around 11,000 students attend the university, with roughly 60 percent of them studying at the graduate level.  MIT contains five schools: architecture and planning; engineering; humanities, arts, economics and social sciences; management; and science. English is the language of instruction at MIT. The academic calendar is a 4-1-4 system with a four-week “Independent Activities Period” in January. There are many opportunities for both undergraduate and graduate students to gain research experience at one of MIT’s many labs or centres, including the MIT Nuclear Reactor Laboratory, one of the largest university research reactors in the U.S. Nearly 90 percent of MIT undergraduates participate in the school’s Undergraduate Research Opportunities Program, which partners students and faculty for research projects, by the time they graduate.

3. University of California Berkeley

The University of California—Berkeley is situated roughly 15 miles from San Francisco in what is known as the Bay Area. The public university, also commonly known as Berkeley or Cal, was founded in 1868. More than 70 percent of Berkeley students study at the undergraduate level. The academic calendar is semester-based and English is the language of instruction. UC—Berkeley offers students around 350-degree programs. Some of the most popular majors for Berkeley undergraduates have included electrical engineering and computer science; economics; political science; business administration; and psychology. Roughly 15 percent of the student body is international, and tuition and fees are higher for out-of-state students. Around 3,000 international scholars come to Berkeley each year in temporary teaching or research positions. 

4. Stanford University

Stanford University was founded in 1885 and is located in California’s Bay Area, around 30 miles south of San Francisco.  More than half of the student body studies at the graduate level. Stanford’s academic calendar is based on a quarter system and the language of instruction is English. Around 8 percent of the undergraduate student body is international, as is around 30 percent of the graduate student population. Stanford’s has a huge library system, which supports 20 libraries, comprises more than 9.3 million physical volumes.  Research funding at Stanford has topped $1 billion, including funds from the federal government.

5. University of Chicago

The University of Chicago is a private institution that was founded in 1890. The university is located in Chicago, Illinois, in the Midwest region of the U.S. Around 40 percent of the university’s student body studies at the undergraduate level. The university’s academic calendar is based on a quarter system and the language of instruction is English. Roughly 10 percent of undergraduates and 30 percent of graduate students are international.  the university has several facilities located overseas, including centers in Paris, Beijing and New Delhi, which facilitate study abroad, student exchange and research.

6. University of Pennsylvania

The University of Pennsylvania, also known as Penn, was founded in 1740. The private, Ivy League institution is located in West Philadelphia, and nearly half of its full-time students study at the undergraduate level. Around 19 percent of the total student body is international, with students from more than 100 countries. In a recent year, more than 40 percent of Penn’s international undergraduates hailed from Asia, 20 percent were from Europe and nearly 15 percent were from Canada and Mexico. The university uses a semester-based academic calendar and the language of instruction is English. Penn’s research budget was more than $875 million in a recent year. The university’s Center for Undergraduate Research and Fellowships helps students find research projects that suit their interests, as well as funding resources.

7. Columbia University

Columbia University is a private institution that was founded in 1754. It is located in the Upper West Side of New York City’s Manhattan borough. Originally called King’s College, the school received its current name in 1896. Around 30 percent of students at Columbia study at the undergraduate level and almost 30 percent of the total student body is international. Columbia’s academic calendar is semester-based and the language of instruction is English. Columbia students and faculty conduct research across the sciences, humanities and social sciences disciplines at more than 200 university centres and institutes. Columbia has also established global centres in Amman, Jordan; Beijing; Mumbai, India; Paris; Istanbul; Nairobi, Kenya; Santiago, Chile; and Rio de Janeiro to facilitate study abroad and research opportunities for students.

8. London School of Economics and Political Science

London School of Economics and Political Science was founded in 1895 and joined the University of London in 1900. LSE offers 40 Bachelor’s degree programmes, over 140 taught Master’s and Diploma programmes, and PhD opportunities across the social sciences. Teaching and research are conducted through 25 Departments and Institutes and 23 Research Centres and the language of instruction is English. LSE has students from over  160 countries worldwide making the School a very international and cosmopolitan institution in which to study and their central location offers easy access to the vast cultural and social life that London has to offer. Scholarships are available to attend the session in London, while other July programmes are available in Beijing and Cape Town, South Africa.

9. New York University

New York University, also known as NYU, is a private university that was founded in 1831. The university’s main campus is in New York City, and it has additional campuses in Abu Dhabi, United Arab Emirates, and Shanghai, which opened in 2010 and 2013, respectively. In a recent year, around one-quarter of the NYU student body was international, with students hailing from more than 130 countries. For several years, NYU has welcomed more international students to campus than any other U.S. university. Tuition costs are the same for domestic and international students, and university housing is available for both undergraduate and graduate students. The university follows a semester-based academic calendar with a three-week January term. The primary language of instruction is English. NYU has 11 academic centres located around the world – including sites in Berlin; Buenos Aires, Argentina; and Tel Aviv, Israel – that are home to NYU students who are studying abroad. Students at the undergraduate level are included in research activities at NYU through such programs as the Dean’s Undergraduate Research Fund, which awards grants to students pursuing research projects.

10. Northwestern University

Northwestern University is a private institution that was founded in 1851. The university has three campuses – the main one in Evanston, Illinois; one in nearby Chicago; and one in Doha, Qatar. The city of Evanston is located around 14 miles north of Chicago, on the shore of Lake Michigan. Tuition is the same for domestic and international students, and international undergraduate applicants are permitted to apply for need-based aid from Northwestern. Northwestern follows a quarter-based academic calendar, and the primary language of instruction is English. In a recent year, the university earned more than $650 million in sponsored research awards. The institution’s Office of Undergraduate Research helps students take advantage of various research opportunities, such as the Summer Undergraduate Research Grants program, which supports students for eight weeks of full-time summer work under faculty supervision.

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