Econometrician education requirements

Updated January 8, 2025

4 min read

There are several educational requirements to become an econometrician. Econometricians usually study economics, statistics, or business. 48% of econometricians hold a master's degree, and 34% hold an bachelor's degree. We analyzed 37 real econometrician resumes to see exactly what econometrician education sections show.

The most common colleges for econometricians are the Indiana State University and the Indiana State University.

There are also many online econometrician courses to help get the education required to be an econometrician.

What education do you need to become an econometrician?

What degree do you need to be an econometrician?

The most common degree for econometricians is master's degree, with 48% of econometricians earning that degree. The second and third most common degree levels are bachelor's degree degree at 34% and bachelor's degree degree at 17%.

Master's, 48%

Bachelor's, 34%

Doctorate, 17%

What should I major in to become an econometrician?

You should major in economics to become an econometrician. 31% of econometricians major in economics. Other common majors for an econometrician include statistics and business.

Economics, 31%

Statistics, 16%

Business, 9%

Agricultural Business, 9%

Other Majors, 35%

Most common colleges for econometricians

Econometricians often get their degrees at Indiana State University, Southern Illinois University Carbondale, and Western Washington University. Here are the most common colleges for econometricians in the US based on their resumes.

Econometrician common college	Percentages
Indiana State University	11.11%
Southern Illinois University Carbondale	11.11%
Western Washington University	5.56%
Loyola Marymount University	5.56%
Northwestern University	5.56%

Show more common econometrician colleges

Best majors for econometricians

Rank	Major	Percentages
1	Economics	31.3%
2	Statistics	15.6%
3	Business	9.4%
4	Agricultural Business	9.4%
5	Management	6.3%

Show more common econometrician majors

Best colleges for econometricians

The best colleges for econometricians are Harvard University, Carnegie Mellon University, and Northwestern University.

An econometrician with advanced education typically earns a higher salary and has access to better jobs. That's why Zippia looked into the best colleges for econometricians. We based this list on several metrics: admissions rate, retention rate, mean earnings of graduates, the ratio of working vs. non-working students ten years after admission, the average cost of attendance, and median debt for graduates who become econometricians.

1. Harvard University

Cambridge, MA • Private

In-state tuition

$50,420

Enrollment

7,582

2. University of Georgia

Athens, GA • Private

In-state tuition

$11,830

Enrollment

29,474

3. Carnegie Mellon University

Pittsburgh, PA • Private

In-state tuition

$55,465

Enrollment

6,483

4. University of Michigan - Ann Arbor

Ann Arbor, MI • Private

In-state tuition

$15,262

Enrollment

30,079

5. Cornell University

Ithaca, NY • Private

In-state tuition

$55,188

Enrollment

15,105

6. Virginia Polytechnic Institute and State University

Blacksburg, VA • Private

In-state tuition

$13,620

Enrollment

27,730

7. Ohio State University

Columbus, OH • Private

In-state tuition

$10,726

Enrollment

45,769

8. University of California, Berkeley

Berkeley, CA • Private

In-state tuition

$14,184

Enrollment

30,845

9. Rutgers, The State University of New Jersey

New Brunswick, NJ • Private

In-state tuition

$14,974

Enrollment

35,656

10. University of Wisconsin - Madison

Madison, WI • Private

In-state tuition

$10,555

Enrollment

30,360

20 best online courses for econometricians

Advertising disclosure

1. Fundamentals of Data Analysis for Big Data

4.5

(270)

This course prepares participants to begin running data analysis on databases...

2. Statistical Data Analysis with SAS

4.4

(575)

Understanding the Data Flow in SAS: Learn SAS Programming from Data Importing, Management, Manipulation to Data Analysis...

3. R Programming: Advanced Analytics In R For Data Science

4.7

(8,622)

Take Your R & R Studio Skills To The Next Level. Data Analytics, Data Science, Statistical Analysis in Business, GGPlot2...

4. Statistics for Data Analysis Using R

4.7

(2,082)

Learn Programming in R & R Studio • Descriptive, Inferential Statistics • Plots for Data Visualization • Data Science...

5. Data Structures and Algorithms In C# ( DSA )

4.2

(1,016)

Data Structures and Algorithms in C# Using DSA C# Data Structures Algorithms DSA Leetcode C# Data Structures Algorithms...

6. Data Warehouse ETL Testing & Data Quality Management A-Z

4.4

(2,977)

ETL Testing and Data Quality Management for beginners with practical exercises and certificate of completion...

7. Applied Statistical Modeling for Data Analysis in R

4.6

(1,688)

Your Complete Guide to Statistical Data Analysis and Visualization For Practical Applications in R...

8. Data Quality Fundamentals

4.2

(557)

Understand key concepts, principles and terminology related to Data Quality...

9. Data Science:Data Mining & Natural Language Processing in R

4.7

(387)

Harness the Power of Machine Learning in R for Data/Text Mining, & Natural Language Processing with Practical Examples...

10. R Level 1 - Data Analytics with R

4.6

(3,228)

Use R for Data Analytics and Data Mining...

11. 4x1 Data Management/Governance/Security/Ethics Masterclass

4.4

(533)

You'll learn about data literacy, Data Quality operations, Data Governance policies and Data Security/Privacy controls...

12. Core Spatial Data Analysis: Introductory GIS with R and QGIS

4.4

(1,989)

Become Proficient In Spatial Data Analysis Using R & QGIS By Working On A Real Project - Get A Job In Spatial Data!...

13. Statistics / Data Analysis: Survey Data and Likert Scales

4.6

(505)

How to Process Survey Data and Analyze Likert Scales In SPSS...

14. Algorithms and Data Structures in C#: Complete Tutorial

4.5

(1,743)

Learn data structures and algorithms in C# from A to Z. Pass coding interview. Learn unit testing and TDD in addition...

15. Algorithms Data Structures in Java #1 (+INTERVIEW QUESTIONS)

4.5

(2,807)

Basic Algorithms and Data Structures: AVL tree, Binary Search Trees, Arrays, B Trees, Linked Lists, Stacks and Hash Maps...

16. SQL Course 2023: SQL for Data Analysis and Data Science.

(894)

Master the Art of SQL Querying and Postgre SQL for Data Analysis and Data Science An using Real World SQL Database...

17. Data Quality Masterclass - The Complete Course

4.5

(1,220)

Learn Data Quality Management from A to Z. This complete guide covers all Data Quality Principles, Techniques and more...

18. SQL - MySQL for Data Analytics and Business Intelligence

4.6

(53,305)

SQL that will get you hired – SQL for Business Analysis, Marketing, and Data Management...

19. Data Structures and Algorithms In C ( DSA )

4.2

(1,171)

Data Structures and Algorithms in C Using C DSA Data Structures Algorithms Leet Code C DSA C viva MCQ Interview Questions...

20. Cleaning Data In R with Tidyverse and Data.table

4.9

(542)

Get your data ready for analysis with R packages tidyverse, dplyr, data.table, tidyr and more...

Top 10 most affordable universities for econometricians

The most affordable schools for econometricians are Baruch College of the City University of New York, university of florida, and california state university - long beach.

If the best universities for econometricians are out of your price range, check out these affordable schools. After factoring in in-state tuition and fees, the average cost of attendance, admissions rate, average net price, and mean earnings after six years, we found that these are the most affordable schools for econometricians.

1. Baruch College of the City University of New York

New York, NY • Private

In-state tuition

$7,262

Cost of attendance

14,046

2. University of Florida

Gainesville, FL • Private

In-state tuition

$6,381

Cost of attendance

21,034

3. California State University - Long Beach

Long Beach, CA • Private

In-state tuition

$6,798

Cost of attendance

18,306

4. California State University - Bakersfield

Bakersfield, CA • Private

In-state tuition

$7,309

Cost of attendance

16,714

5. Brigham Young University

Provo, UT • Private

In-state tuition

$5,620

Cost of attendance

18,136

6. Florida International University

Miami, FL • Private

In-state tuition

$6,556

Cost of attendance

19,434

7. Hunter College of the City University of New York

New York, NY • Private

In-state tuition

$7,182

Cost of attendance

13,998

8. University of Puerto Rico - Mayaguez

Mayaguez, PR • Private

In-state tuition

$4,094

Cost of attendance

14,302

9. University of South Florida

Tampa, FL • Private

In-state tuition

$6,410

Cost of attendance

20,456

10. California State University - Fullerton

Fullerton, CA • Private

In-state tuition

$6,886

Cost of attendance

17,645

Top 10 hardest universities to get into for econometricians

The hardest universities for econometricians to get into are Harvard University, Carnegie Mellon University, and Northwestern University.

Some great schools for econometricians are hard to get into, but they also set your career up for greater success. The list below shows the most challenging universities to get into for econometricians based on an institution's admissions rates, average SAT scores accepted, median ACT scores accepted, and mean earnings of students six years after admission.

1. Harvard University

Cambridge, MA • Private

Admissions rate

SAT average

1,520

2. Carnegie Mellon University

Pittsburgh, PA • Private

Admissions rate

17%

SAT average

1,507

3. Northwestern University

Evanston, IL • Private

Admissions rate

SAT average

1,508

4. Washington University in St Louis

Saint Louis, MO • Private

Admissions rate

15%

SAT average

1,506

5. Yale University

New Haven, CT • Private

Admissions rate

SAT average

1,517

6. Cornell University

Ithaca, NY • Private

Admissions rate

11%

SAT average

1,471

7. Johns Hopkins University

Baltimore, MD • Private

Admissions rate

11%

SAT average

1,513

8. Columbia University in the City of New York

New York, NY • Private

Admissions rate

SAT average

1,512

9. Stanford University

Stanford, CA • Private

Admissions rate

SAT average

1,497

10. Brown University

Providence, RI • Private

Admissions rate

SAT average

1,492

Top 10 easy-to-apply-to universities for econometricians

The easiest schools for econometricians to get into are University of the Incarnate Word, sonoma state university, and university of houston - downtown.

Some schools are much easier to get into. If you want to start your career as an econometrician without much hassle, check out the list of schools where you will be accepted in no time. We compiled admissions rates, average SAT scores, average ACT scores, and average salary of students six years after graduation to uncover which were the easiest schools to get into for econometricians.

1. University of the Incarnate Word

San Antonio, TX • Private

Admissions rate

88%

SAT average

1,044

2. Sonoma State University

Rohnert Park, CA • Private

Admissions rate

90%

SAT average

1,072

3. University of Houston - Downtown

Houston, TX • Private

Admissions rate

83%

SAT average

1,012

4. The University of Texas at El Paso

El Paso, TX • Private

Admissions rate

100%

SAT average

1,035

5. Kean University

Union, NJ • Private

Admissions rate

86%

SAT average

991

6. University of Baltimore

Baltimore, MD • Private

Admissions rate

78%

SAT average

1,020

7. San Francisco State University

San Francisco, CA • Private

Admissions rate

72%

SAT average

1,054

8. Saint Cloud State University

Saint Cloud, MN • Private

Admissions rate

86%

SAT average

1,086

9. Grand View University

Des Moines, IA • Private

Admissions rate

92%

SAT average

1,060

10. Notre Dame of Maryland University

Baltimore, MD • Private

Admissions rate

88%

SAT average

1,069

Average econometrician salary by education level

According to our data, econometricians with a Doctorate degree earn the highest average salary, at $114,807 annually. Econometricians with a Master's degree earn an average annual salary of $83,544.

Econometrician education level	Econometrician salary
Master's Degree	$83,544
Doctorate Degree	$114,807

Econometrician education FAQs

What is the best college for Econometricians?

Have more questions? See all answers to common life, physical, and social science questions.

Search for econometrician jobs

Updated January 8, 2025

Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

Zippia Careers
Life, Physical, and Social Science Industry
Econometrician
Econometrician Education

Updated January 8, 2025

Browse life, physical, and social science jobs