Last Updated: June 29, 2024
Best Economics Schools in Texas
As of May 2023, the state of Texas boasted a talented pool of 710 economists who were making an impressive average annual income of $132,000. These professionals played a crucial role in analyzing economic trends, providing valuable insights, and shaping policy decisions to drive the state's economic growth and prosperity.
Cost of Studying Economics in Texas
The yearly cost of tuition for undergraduate programs in Texas ranges from $12,000 to $60,000 for students who are residents of the state, while out-of-state students can expect to pay between $16,000 and $60,000. As for postgraduate programs, in-state students typically pay between $9,000 and $58,000 per year, whereas out-of-state students are charged $18,000 to $58,000 annually.
10 Best Economics Schools in Texas
Institution | Location | In-state Tuition Fees | Out-of-state Tuition Fees |
University of Texas | Austin | UG-$4,000 per semester | G-$4,000 per semester | UG-$16,000 per semester | G-$8,000 per semester |
Texas A&M University | College Station | UG-$700 per credit hour | G-$800 per credit hour | UG-$700 per credit hour | G-$1,400 per credit hour |
Rice University | Houston | UG-$63,000 annually | G-$58,000 annually | UG-$63,000 annually | G-$58,000 annually |
University of Texas | Arlington | UG-$12,000 annually | G-$11,000 annually | UG-$28,000 annually | G-$24,000 annually |
University of Texas | Dallas | UG-$8,300 (15 credit hours) | G-$11,000 (15 credit hours) | UG-$23,000 (15 credit hours) | G-$22,000 (15 credit hours) |
Texas Tech University | Lubbock | UG-$12,000 annually | G-$9,500 annually | UG-$25,000 annually | G-$18,000 annually |
University of Houston | Houston | UG-$400 per credit hour | G-$300-$500 per credit hour | UG-$900 per credit hour | G-$1,000 per credit hour |
Southern Methodist University | University Park | UG-$60,000 annually | G-$1,800 per credit hour | UG-$60,000 annually | G-$1,800 per credit hour |
University of North Texas | Denton | UG-$28,000 annually | G-$27,000 annually | UG-$41,000 annually | G-$34,000 annually |
University of Texas | San Antonio | UG-$300 per credit hour | G-$400 per credit hour | UG-$800 per credit hour | G-$1,400 per credit hour |
University of Texas - Austin
The University of Texas at Austin is a renowned public research institution with 19 schools and colleges, acting as the flagship of the University of Texas System. With a wide selection of educational opportunities, it grants about 400 bachelor's, master's, and doctorate degrees. The College of Liberal Arts at the university provides programs like BS, BA, MA, and PhD, as well as research seminars in economics. Moreover, it offers the Business Economics Option Program, which permits qualified economics majors to complete a set of upper-level accounting and finance courses.
Texas A & M University
Texas A&M University, the main institution of the Texas A&M University System, is a public, land-grant research university. It delivers more than four hundred academic programs through its sixteen colleges and institutions. The College of Arts and Sciences at Texas A&M University provides a variety of economics programs, including a Business Economics Certificate, Quantitative Economic Methods Certificate, BA, BS, MS in economics, combined MS ECON/MIA degree, 3+2 Fastrack program, and PhD in economics.
Rice University
Rice University, a research institution that relies on private funding, maintains a 6-to-1 ratio of undergraduate students to faculty members. The School of Social Sciences within the university offers students the chance to specialize in three different majors: Economics (ECON), Mathematical Economic Analysis (MTEC), and Managerial Economics and Organizational Sciences (MEOS). Furthermore, Rice University provides extensive master's and doctoral programs in the field of economics.
University of Texas - Arlington
The University of Texas at Arlington is a renowned public research institution that is committed to providing exceptional education and support to the Hispanic community. Students studying at the university have the opportunity to receive Merit-based scholarships of up to $32,500. Upon graduation, the university's alumni can expect a median salary of approximately $48,000 in their first year. The College of Business, accredited by AACSB International, offers a range of programs including BBA, BS (STEM degree), and MS (STEM degree) in economics.
University of Texas - Dallas
The University of Texas at Dallas is a public research institution that offers a wide range of academic programs, including over 140 undergraduate and graduate programs, professional certificates, and fast-track programs across seven schools. The student-to-faculty ratio at the university is 27:1. First-time college freshmen admitted for the fall term may qualify for the UT Dallas Top 10% Scholarship, which provides awards of up to $1,500 per semester. The School of Economic, Political and Policy Sciences at the university offers degrees such as BS/BA in Economics, Minor in Economics, MS in Economics, and PhD in Economics.
Texas Tech University
Texas Tech University, the main establishment within the Texas Tech University System, is a public research university that caters to the Hispanic community. The university maintains a student-to-faculty ratio of 21:1 and has an acceptance rate of 67%. The Department of Economics at Texas Tech University offers a range of degree options, including a B.S. in Economics, a B.A. in Economics, a B.S. in International Economics, minors in Economics and Economic Data Analysis, as well as graduate programs such as an MA and PhD in Economics.
University of Houston
The University of Houston, a public research institution, offers more than 250 undergraduate and graduate degree programs, providing a diverse array of educational options. On average, graduates from the university earn a starting salary of $60,500. Students can also benefit from the Federal Pell Grant Program, receiving approximately $7,400 per year. The College of Liberal Arts and Social Sciences at the university offers a range of degrees, such as BA, BS, Certificate in Quantitative Economics, master's in applied economics, and Ph.D. in Economics.
Southern Methodist University
Southern Methodist University, a private research university and a member of the United Methodist Church, provides a wide range of academic programs, totaling more than 140. The MBA class of 2023 was granted an average scholarship award exceeding $50,000. Within the university, Dedman College of Humanities and Sciences offers a diverse selection of undergraduate and graduate programs in Economics. These include Bachelor of Arts (BA), Bachelor of Science (BS), Bachelor of Science with Financial Applications (BSFA), Bachelor of Science with Management Information Applications (BSMIA), Master of Arts (MA) in Law and Economics, Master of Arts (MA) in Applied Economics, Master of Science (MS) in Applied Economics and Predictive Analytics, as well as PhD programs.
University of North Texas
The University of North Texas is a prestigious public research university that grants about 140 master's and doctoral degrees, along with approximately 110 bachelor's degrees. The academic profile for the year 2022 showed an average SAT score of 1119 and an ACT score of 23. The student-to-faculty ratio stands at 23:1. The College of Liberal Arts & Social Sciences at the University provides a variety of degree options such as BA, BS, BBA, Economic Geography Certificate, and MS in Economics.
University of Texas - San Antonio
The University of Texas at San Antonio acknowledged as an "R1: Doctoral Universities - Very High Research Activity" establishment, is a public university. It is among the 24 colleges and universities nationwide that have been awarded the Seal of Excelencia. The university maintains a student-faculty-ratio of 24:1. The Alvarez College of Business at the institution provides AACSB International-accredited programs, such as BA, BBA in Economics, and MA in Economics.