Best Economics Universities in the World 2025

How We Choose the Best Economics Colleges in the World?

Many universities around the world have economics departments. But how do we know which ones are the best?

Top rankings are based on a few important factors. These help us find out which universities offer the best education, support, and future opportunities. Before we list the top economics schools, here are the main things we look at:

• Course Structure: Does the program allow students to choose special subjects or study in other countries?
• Research Work: Is the university doing important work or studies in the field of economics?
• Famous Professors: Does the university have Nobel Prize winners or top researchers in economics?
• Cost and Scholarships: How much does it cost to study there? Are there scholarships for international students?
• Career Results: Do students from the university get good jobs or go on to do well in further studies?

Related Reads

• Times Higher Education (THE) Ranking Methodology
• QS World University Rankings - Subject Methodology

Best Economic Schools in the World 2025

Let us discuss the world's best economics schools in detail:

Massachusetts Institute of Technology (MIT)

Only second to Harvard University, the economic programme at  Massachusetts Institute of Technology (MIT) is renowned for its quantitative ability and thrives in areas like econometrics, game theory and computational economics. Indian students looking to study at the university should prepare for a rigorous analytical approach, breakthrough research opportunities and an entrepreneurial intellectual community.

University of Oxford

One of the top universities in the world, the economics program at the University of Oxford examines issues central to the world we live in: namely how the economy and organisations function, and how resources are allocated and coordinated to achieve the organisation's objectives. The programme will help students understand the world around them and to think clearly and analytically.

Stanford University

One of the top universities for international students looking to study economics, Stanford University is renowned for its unique combination of theoretical rigour and practical application. The university is responsible for nurturing an entrepreneurial spirit and providing graduates with the skills to navigate the dynamic world of business and innovation, thanks to its renowned faculty and its proximity to the tech giants.

Peking University

Peking University has moved up to fourth place, showing its growing importance in economics and business education in Asia. The Peking university offers strong academic programs and is known for its research in economics and finance, making it a great choice for students who want to study in China.

University of Cambridge

The University of Cambridge is ranked fifth. It has a long history of academic excellence. Cambridge offers a wide range of courses in business and economics, helping students develop critical thinking and analytical skills.

Tsinghua University

Tsinghua University is in sixth place and is recognized as a leader in business education in Asia. The university focuses on technology and innovation, preparing students for successful careers in a changing global economy.

Harvard University

One of the most renowned universities to study abroad for international students, Harvard University is also one of the top destinations for studying Economics. The University is home to world-renowned faculty, and noble laureates and is responsible for groundbreaking research in the field of economics. The university offers a rigorous curriculum and diverse perceptions to future economic leaders.

University of Chicago

Often referred to as the birthplace of free market economics, the University of Chicago offers International students looking to study economics a rigorous theory-based approach in their curriculum. The faculty at the university, including Nobel laureates, are calling on students to think critically about economic issues and defy the limits of their thinking. Students looking to study at the university should prepare for an intellectually stimulating environment and a strong alumni network in academia and the financial sector.

Princeton University

One of the top universities for pursuing economic studies, the Economics Department at Princeton University is dedicated to inspiring and training the next generation of students looking to become industry leaders. The majority of graduates have pursued careers in consulting, finance, public policy, academia, and more.  Like all members of the Princeton community, students and faculty approach their work in the nation’s service and the service of humanity.

University of California, Berkeley

One of the top public universities in the world, the economics program at the University of California, Berkeley is famous for its emphasis on social justice and public policy. International students looking to study at the university can expect a diverse student body, engaged faculty, and a wide range of research opportunities to address real-world economic challenges.

London School of Economics and Political Science (LSE)

Situated in the heart of  London's financial district, the London School of Economics and Political Science (LSE) offers an internationally focused economic perspective. The programme and by extension, the university is an excellent starting point for careers in Global Finance and International Development, thanks to its renowned faculty, and a diverse student body with extensive industry connections.

Yale University

One of the top universities for studying economics, Yale University offers a challenging and rigorous academic program, a distinguished and accessible faculty, and a friendly, supportive environment for study to international students. Yale's economics faculty embraces a broad range of research and teaching interests. and has close ties with professional schools in related fields. 

Columbia University

One of the top universities for study, the economics programme at Columbia University is known for focusing on urban economics, financial markets and economic development in the vibrant centre of New York City. International students looking to study at the university would find a diverse student body, an active faculty and access to a network of powerful alumni in different fields.

Best Economics Programmes in the World

The best economics programmes in the world are the courses available at the best economic schools in the world. However, candidates should note that the 'best' program is ultimately the one that aligns perfectly with their individual goals and preferences. The best economic programmes in the world include:

Average Cost of Studying Economics Abroad

Costs vary depending on the university, program, and location. Tuition fees typically range from USD 20,000 to USD 50,000 per year, with living expenses adding another USD 15,000 to USD 30,000. International students are advised to explore scholarship opportunities and financial aid options to manage costs.

World's Best Economics Schools - Jobs

In this section, we will be discussing the top jobs that international students can get into once they have graduated from the world's best economic school.

University rankings are a major force behind students looking to select from the best economic schools in the world. Indian students looking to pursue economic study abroad should consider parameters that are more personal to them, which include career support, faculty and research, location and culture, specialization, cost and scholarships. Candidates can get in touch with our Shiksha Counselling Services for assistance with university admissions and much more.