[hen-ui-dynamic-experience placement=”aboveTheFold” /] [hen-ui-text variant=”b4″]Money may make the world go round, but the world needs economists to understand how to manage it.[/hen-ui-text] [hen-ui-text variant=”b4″]Students in Master’s in Economics degree programs receive valuable analytical and quantitative training in the field of economics necessary to success in a variety of professional roles. Graduates have the opportunity to become a leader or analyst in banking, investment and wealth management, international finance and economics, corporate financial management, and in a variety of other sectors. Some graduates go on to acquire a Ph.D. in Economics to become a university professor or research economist.[/hen-ui-text] [hen-ui-text variant=”b4″]A traditional Master’s in Economics program does not work for all students, however; online programs may better suit the needs of busy individuals with full–time jobs or familial obligations. This article ranks the 15 best online Master’s in Economics degrees available today.[/hen-ui-text] [hen-ui-heading variant=”h2″]The Best Online Master’s in Economics Programs[/hen-ui-heading] [hen-ui-grid columns-md=”2″ gap=”md”] [/hen-ui-grid] [hen-ui-dynamic-experience placement=”editorialListings” /] [hen-ui-heading variant=”h2″ id=”what-is”]What is a Master’s in Economics Degree?[/hen-ui-heading] [hen-ui-text variant=”b4″]Master’s in Economics degrees come in a variety of forms, including a Master’s of Science, Master’s of Arts, and Master’s of Business Administration programs. While each comes with unique qualities and concerns, all provide a strong grounding in core principles of economics. The curricula for these programs typically include coursework in economic theories, econometrics, financial analysis, statistics, mathematics, and implementing economic research. Some programs may include field experience or capstone components.[/hen-ui-text] [hen-ui-text variant=”b4″]An MA in Economics may place greater emphasis on the research and theoretical aspects of economics, preparing students for careers in research or academic roles. An MS in Economics typically utilizes a more technical and practical approach, focusing on the application of economic principles in real–time, and preparing students for active careers in the public or private sectors. An [hen-ui-link href=”/degrees/mba/mba-specializations/mba-specializations/”]MBA program[/hen-ui-link] treats economics as a specialization on top of core MBA coursework. Students in MBA programs engage with fundamental business administration concepts, alongside specialized courses in economic principles and practices, to prepare for leading economic roles in corporations and financial institutions.[/hen-ui-text] [hen-ui-heading variant=”h2″ id=”how-long”]How Long Does it Take to Complete an Online Master’s in Economics Degree?[/hen-ui-heading] [hen-ui-text variant=”b4″]Like most master’s degree programs, a Master’s in Economics degree typically takes two years to complete. However, some schools offer accelerated programs that may be completed in as quickly as one year, and some offer part–time programs that may be completed in three to six years.[/hen-ui-text] [hen-ui-heading variant=”h2″ id=”job-titles”]Master’s in Economics Degree Careers[/hen-ui-heading] [hen-ui-text variant=”b4″]Individuals holding a Master’s in Economics degree may pursue a variety of careers, including:[/hen-ui-text]

• Actuary
• Compensation and benefits manager
• Credit analyst
• Data scientist
• Econometrician
• Economic consultant
• Economist
• Financial analyst
• Financial manager
• Lawyer
• Management consultant
• Market researcher
• Policy analyst
• Professor
• Statistician

[hen-ui-heading variant=”h2″ id=”salary”]Master’s in Economics Degree Salary[/hen-ui-heading] [hen-ui-text variant=”b4″]According to the Bureau of Labor Statistics, in 2023 economists saw a median annual salary of $115,730. The following information portrays median annual salaries earned by economists in their top five industries for employment:[/hen-ui-text] [hen-ui-table] [hen-ui-table-caption]Master’s in Economics Degree Salary[/hen-ui-table-caption] [hen-ui-table-header] [hen-ui-table-row] [hen-ui-table-head scope=”col”]Career[/hen-ui-table-head] [hen-ui-table-head scope=”col”]Median Salary[/hen-ui-table-head] [/hen-ui-table-row] [/hen-ui-table-header] [hen-ui-table-body] [hen-ui-table-row] [hen-ui-table-cell data-title=”Career”]Federal government, excluding postal service[/hen-ui-table-cell] [hen-ui-table-cell data-title=”Median Salary”]$135,200[/hen-ui-table-cell] [/hen-ui-table-row] [hen-ui-table-row] [hen-ui-table-cell data-title=”Career”]Management, scientific, and technical consulting services[/hen-ui-table-cell] [hen-ui-table-cell data-title=”Median Salary”]$110,120[/hen-ui-table-cell] [/hen-ui-table-row] [hen-ui-table-row] [hen-ui-table-cell data-title=”Career”]Scientific research and development services[/hen-ui-table-cell] [hen-ui-table-cell data-title=”Median Salary”]$140,940[/hen-ui-table-cell] [/hen-ui-table-row] [hen-ui-table-row] [hen-ui-table-cell data-title=”Career”]Local government, excluding education and hospitals[/hen-ui-table-cell] [hen-ui-table-cell data-title=”Median Salary”]$91,980[/hen-ui-table-cell] [/hen-ui-table-row] [hen-ui-table-row][hen-ui-table-cell data-title=”Career”]State government, excluding education and hospitals[/hen-ui-table-cell] [hen-ui-table-cell data-title=”Median Salary”]$74,900[/hen-ui-table-cell] [/hen-ui-table-row] [/hen-ui-table-body] [/hen-ui-table] [hen-ui-heading variant=”h2″ id=”job-outook”]Master’s in Economics Job Outlook[/hen-ui-heading] [hen-ui-text variant=”b4″]The [hen-ui-link href=”https://www.bls.gov/ooh/life-physical-and-social-science/economists.htm”]Bureau of Labor Statistics[/hen-ui-link] predicts the job field for economists will grow from 2023–2033 at a rate of 5%, as fast as average for all other occupations[/hen-ui-text] [hen-ui-heading variant=”h2″ id=”professional-associations”]Economics Professional Organizations[/hen-ui-heading] [hen-ui-card variant=”background-gray”] [hen-ui-card-content] [hen-ui-text variant=”b4″][hen-ui-heading variant=”h4″][hen-ui-link href=”https://www.aeaweb.org/” target=”_blank”]American Economic Association [/hen-ui-link][/hen-ui-heading] Founded in 1885, the AEA has dedicated itself to the advancement of the field of economics for well over a century. Its membership, now greater than 20,000, includes individuals from all areas of involvement in economics. Membership comes with numerous benefits, including a large professional network, access to events and conventions, honors and awards, and access to resources and publications.[/hen-ui-text] [/hen-ui-card-content] [/hen-ui-card] [hen-ui-card variant=”background-gray”] [hen-ui-card-content] [hen-ui-text variant=”b4″][hen-ui-heading variant=”h4″][hen-ui-link href=”https://www.nabe.com/” target=”_blank”]National Association for Business Economics [/hen-ui-link][/hen-ui-heading] The NABE connects economics professionals with the goal of encouraging development, discourse, and the spread of information. NABE formed in 1959. Membership includes access to professional resources and publications, networking opportunities, and events and conventions.[/hen-ui-text] [/hen-ui-card-content] [/hen-ui-card] [hen-ui-text variant=”b4″ class=”text-sm text-right”]Header Image Credit: Thomas Barwick | Getty Images[/hen-ui-text] [hen-ui-section-header title=”Popular with our students.” /] [hen-ui-article-row variant=”2-col” ids=”970,1538,905″][/hen-ui-article-row]