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Economic development specialist education requirements

Updated January 8, 2025
4 min read

There are several educational requirements to become an economic development specialist. Economic development specialists usually study business, psychology, or criminal justice. 61% of economic development specialists hold a bachelor's degree, and 17% hold an associate degree. We analyzed 1,504 real economic development specialist resumes to see exactly what economic development specialist education sections show.

The most common colleges for economic development specialists are the University of South Florida and the University of South Florida.

There are also many online economic development specialist courses to help get the education required to be an economic development specialist.

There are certain economic development specialist certifications that you should consider. These economic development specialist certifications include Certified Nurse Assistant (CNA) and Medical Assistant.

What education do you need to become an economic development specialist?

What degree do you need to be an economic development specialist?

The most common degree for economic development specialists is bachelor's degree, with 61% of economic development specialists earning that degree. The second and third most common degree levels are associate degree degree at 17% and associate degree degree at 15%.
  • Bachelor's, 61%
  • Associate, 17%
  • Master's, 15%
  • High School Diploma, 4%
  • Other Degrees, 3%

What should I major in to become an economic development specialist?

You should major in business to become an economic development specialist. 22% of economic development specialists major in business. Other common majors for an economic development specialist include psychology and criminal justice.

Most common colleges for economic development specialists

Economic development specialists often get their degrees at University of South Florida, Florida State University, and University of Phoenix. Here are the most common colleges for economic development specialists in the US based on their resumes.
Economic development specialist common collegePercentages
University of South Florida16.47%
Florida State University12.72%
University of Phoenix8.67%
Florida International University8.09%
University of Florida7.80%

Best majors for economic development specialists

RankMajorPercentages
1Business22.5%
2Psychology13.0%
3Criminal Justice9.7%
4Political Science6.2%
5Economics5.3%

Best colleges for economic development specialists

The best colleges for economic development specialists are Northwestern University, Johns Hopkins University, and Boston University.

An economic development specialist with advanced education typically earns a higher salary and has access to better jobs. That's why Zippia looked into the best colleges for economic development specialists. 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 economic development specialists.

1. Northwestern University

Evanston, IL • Private

In-state tuition

$54,568

Enrollment

8,451

2. San Diego State University

San Diego, CA • Private

In-state tuition

$7,488

Enrollment

30,018

3. University of Pennsylvania

Philadelphia, PA • Private

In-state tuition

$55,584

Enrollment

10,764

4. Boston University

Boston, MA • Private

In-state tuition

$53,948

Enrollment

17,238

5. California State University - Long Beach

Long Beach, CA • Private

In-state tuition

$6,798

Enrollment

31,503

6. University of North Carolina at Chapel Hill

Chapel Hill, NC • Private

In-state tuition

$8,987

Enrollment

18,946

7. Pennsylvania State University

University Park, PA • Private

In-state tuition

$18,454

Enrollment

40,108

8. Harvard University

Cambridge, MA • Private

In-state tuition

$50,420

Enrollment

7,582

9. California State University - Dominguez Hills

Carson, CA • Private

In-state tuition

$6,942

Enrollment

13,871

10. SUNY at Albany

Albany, NY • Private

In-state tuition

$10,011

Enrollment

13,434

20 best online courses for economic development specialists

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1. The Art and Science of Economic Policy

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5. China’s Economic Transformation Part 1: Economic Reform and Growth in China

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In 1978, after nearly 30 years of socialist planning under Mao Zedong, China was one of the world’s poorest countries, saddled with an inefficient, inward-looking economy. Today, China is an upper-middle income country and the world’s largest trading nation, contributing more to global economic growth than any other nation. How could such a remarkable transformation take place? This course will examine in detail the reforms that have contributed to China’s economic development and the current...

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Top 10 most affordable universities for economic development specialists

The most affordable schools for economic development specialists are Baruch College of the City University of New York, california state university - long beach, and brigham young university.

If the best universities for economic development specialists 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 economic development specialists.

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. California State University - Long Beach

Long Beach, CA • Private

In-state tuition

$6,798

Cost of attendance

18,306

3. Brigham Young University

Provo, UT • Private

In-state tuition

$5,620

Cost of attendance

18,136

4. University of Houston - Victoria

Victoria, TX • Private

In-state tuition

$6,491

Cost of attendance

19,075

5. California State University - Dominguez Hills

Carson, CA • Private

In-state tuition

$6,942

Cost of attendance

14,469

6. California State University - Bakersfield

Bakersfield, CA • Private

In-state tuition

$7,309

Cost of attendance

16,714

7. Florida State University

Tallahassee, FL • Private

In-state tuition

$5,656

Cost of attendance

21,623

8. University of Florida

Gainesville, FL • Private

In-state tuition

$6,381

Cost of attendance

21,034

9. California State University - Fullerton

Fullerton, CA • Private

In-state tuition

$6,886

Cost of attendance

17,645

10. Florida International University

Miami, FL • Private

In-state tuition

$6,556

Cost of attendance

19,434

Top 10 hardest universities to get into for economic development specialists

The hardest universities for economic development specialists to get into are Northwestern University, Johns Hopkins University, and Boston University.

Some great schools for economic development specialists 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 economic development specialists 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. Northwestern University

Evanston, IL • Private

Admissions rate

8%

SAT average

1,508

2. Johns Hopkins University

Baltimore, MD • Private

Admissions rate

11%

SAT average

1,513

3. Boston University

Boston, MA • Private

Admissions rate

22%

SAT average

1,420

4. University of Pennsylvania

Philadelphia, PA • Private

Admissions rate

8%

SAT average

1,492

5. Washington University in St Louis

Saint Louis, MO • Private

Admissions rate

15%

SAT average

1,506

6. New York University

New York, NY • Private

Admissions rate

20%

SAT average

1,419

7. Northeastern University

Boston, MA • Private

Admissions rate

19%

SAT average

1,466

8. George Washington University, The

Washington, DC • Private

Admissions rate

42%

SAT average

1,380

9. Harvard University

Cambridge, MA • Private

Admissions rate

5%

SAT average

1,520

10. University of Southern California

Los Angeles, CA • Private

Admissions rate

13%

SAT average

1,445

Top 10 easy-to-apply-to universities for economic development specialists

The easiest schools for economic development specialists to get into are Barry University, kean university, and cardinal stritch university.

Some schools are much easier to get into. If you want to start your career as an economic development specialist 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 economic development specialists.

1. Barry University

Miami, FL • Private

Admissions rate

91%

SAT average

1,006

2. Kean University

Union, NJ • Private

Admissions rate

86%

SAT average

991

3. Cardinal Stritch University

Milwaukee, WI • Private

Admissions rate

71%

SAT average

1,035

4. Ottawa University

Ottawa, KS • Private

Admissions rate

78%

SAT average

1,024

5. Notre Dame College

Cleveland, OH • Private

Admissions rate

90%

SAT average

994

6. Oklahoma Wesleyan University

Bartlesville, OK • Private

Admissions rate

68%

SAT average

964

7. Wayland Baptist University

Plainview, TX • Private

Admissions rate

98%

SAT average

1,003

8. Gwynedd Mercy University

Gwynedd Valley, PA • Private

Admissions rate

92%

SAT average

1,031

9. Holy Family University

Philadelphia, PA • Private

Admissions rate

72%

SAT average

1,017

10. Felician University

Lodi, NJ • Private

Admissions rate

81%

SAT average

999

Average economic development specialist salary by education level

Economic development specialists with a Master's degree earn more than those without, at $62,762 annually. With a Bachelor's degree, economic development specialists earn a median annual income of $56,906 compared to $50,460 for economic development specialists with an Associate degree.
Economic development specialist education levelEconomic development specialist salary
Master's Degree$62,762
High School Diploma or Less$46,444
Bachelor's Degree$56,906
Some College/ Associate Degree$50,460

Economic development specialist education FAQs

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Updated January 8, 2025

Zippia Research Team
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.

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