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Top Universities for Economics According to Employers

By Chloe Lane

Updated April 25, 2020 Updated April 25, 2020

The recently released QS World University Rankings by Subject 2020 feature 500 of the world’s top economics and econometrics schools. You can view the full economics and econometrics rankings here.

The rankings are compiled using four indicators: academic reputation, employer reputation, research citations per paper and the h-index (a way of measuring the productivity and impact of published work). You can find out more about the methodology used here.

Read on as we explore the top 10 economics and econometrics schools according to employers, based on the employer reputation indicator…

Top 10 Universities for the Economics Subject Area by Employer Reputation 

Based on the QS World University Rankings by Subject 2020

Employer Reputation Ranking

World Ranking




Harvard University

United States



University of Cambridge

United Kingdom


University of Oxford

United Kingdom


Massachusetts Institute of Technology (MIT)

United States


Stanford University

United States



London School of Economics and Political Science (LSE)

United Kingdom


Yale University

United States



National University of Singapore (NUS)




The University of Tokyo



University of California, Berkeley (UCB)

United States

10. University of California, Berkeley (UCB)

University of California, Berkeley (UCB)

With an employer reputation score of 86.5 (out of 100), the University of California, Berkeley (UCB) ranks 10ththis year in the list of the top universities in the world for economics and econometrics according to employers. UCB also retains its 4thplace position in the QS World University Rankings by Subject 2020.

Previous economics graduates include five Nobel Prize winners and six John Bates Clark medalists. UCB’s career center offers a range of tools for students to boost their employability, such as help with job applications, interviews, internships and networking. 

9. The University of Tokyo

University of Tokyo

Ninth in our list of the top economics schools according to employers is the University of Tokyo with a score of 86.6, narrowly beating UCB. The University of Tokyo also ranks joint 25thin the subject rankings for economics, after falling two places in the rankings this year.

The University of Tokyo’s economics program encourages students to get hands-on experience with policy administration and business management and enables students to interact with various experts in the field.

8. National University of Singapore (NUS)

National University of Singapore

In eighth place we have the National University of Singapore (NUS) with an employer reputation score of 87.4 (the highest indicator for NUS this year). NUS also retains its 18thplace for economics worldwide this year and has an established reputation as one of the leading economics departments in Asia.

NUS’s research spans across all the major fields of economics and has a strong international impact on the field. The school’s economics graduates are extremely employable, with a strong grasp of international development, due to the consistent exposure of the analytical framework and insights of economics throughout their degree.

7. Yale University

Yale University

Seventh in the world for economics according to employers is Yale University, with an employer reputation indicator score of 87.8. Yale University places eighth in the world this year for economics.

Yale economics graduates work in a diverse range of careers, from working at government agencies or the Bureau of Labor Statistics, to working for non-profit organizations or think tanks. Yale’s Office of Career Strategy offers a range of opportunities for students to help boost their employability, including career advising and helping with internships (such as working in summer vacation or academic year research programs.)

 6. London School of Economics and Political Science (LSE)

London School of Economics and Political Science (LSE)

Rising one place in the economics subject rankings this year to joint fifth place is the London School of Economics and Political Science (LSE). LSE places sixth in our list of the top economics schools according to employers, with an employer reputation score of 90.2. 

LSE’s central London location means that students can benefit from the employment opportunities offered by a large number of top businesses in the surrounding area. Additionally, LSE’s career center offers numerous career fairs, advice services, as well as help with internships and job applications. As a result of the course’s strong level of employability, LSE’s economics department counts ten Nobel Prize winners amongst its alumni.

5. Stanford University

Stanford University

With an impressive score of 92.8 is Stanford University, in fifth place in the list of the top economics schools according to employers this year. Stanford University ranks third overall for economics in the QS World University Rankings by Subject 2020. 

Located in the heart of Silicon Valley, Stanford University is surrounded by some of the world’s top employers; including Google, Hewlett-Packard, Yahoo and many more, who often hire Stanford University graduates. BEAM (Stanford University’s Career center) offers a wide range of resources to improve their students’ employability, including interview advice and preparation, career fairs, internship help, and Handshake – the university’s employment opportunity database. 

4.Massachusetts Institute of Technology (MIT)

Massachusetts Institute of Technology (MIT)

In fourth place we have Massachusetts Institute of Technology (MIT), with an employer reputation score of 95.4. MIT earns a perfect score in the research citations per paper indicator, due to their globally recognized research. Describing itself as a school which is “elite but not elitist”, MIT is the second-best school in the world for economics this year.

MIT say that their economics majors go on to graduate careers in academia, global business, government, finance, consulting, and law. To improve students’ employability, MIT’s Career Advising and Professional Development (CAPD) offer services such as career counselling, help with CV, cover letters or LinkedIn profiles, and mock interviews. CAPD also have a reciprocity arrangement with the Harvard Office of Career Services, whereby students participate in career fairs and events at Harvard University and use their careers job board.  

3.University of Oxford

University of Oxford

In third place we have the University of Oxford, with a score of 96.6 in the employer reputation indicator. The oldest university in the English-speaking world, Oxford University places ninth in the world for economics this year in the subject rankings. 

Oxford University’s Career Advice service helps students and graduates with summer internships, CVs and cover letters, career choices, psychometric tests and careers fairs. Oxford University has also recently given students access to employers’ green credentials in their CareerConnect system, which allows them to compare employers’ stances on environmental issues and learn more about the companies.

2.University of Cambridge

University of Cambridge

The University of Cambridge earns a high score of 97 in the employer reputation indicator and ranks 10thoverall for economics in the subject rankings this year. Economics courses at the University of Cambridge encompass a wide range of disciplines, including history, sociology, mathematics, statistics and politics, qualifying graduates for a panoply of different career paths. 

Careers services at the University of Cambridge help students connect with employers, find opportunities and job vacancies and explore any career sectors students are considering, through careers events and one-on-one meetings.

1. Harvard University


Harvard University

Top of the list of the best universities to study economics according to employers is Harvard University, with a perfect score of 100 in the employer reputation indicator. Established in 1636, and the oldest higher education institution in the United States, Harvard is widely renowned for being a leading university in nearly all subject areas. Economics is no exception to this, and the university places first in the world for economics this year.

Aside from earning perfect scores in the academic and employer reputation indicators, so many factors make Harvard economics graduates employable. The Office of Career Services at Harvard University aims to educate, advise and connect students to opportunities for summer and post-graduation, by helping with CVs, internships and helping students find jobs.

This article was originally published in March 2020 . It was last updated in April 2020

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Written by

As Content Editor for and, Chloe creates and publishes a wide range of articles for universities and business schools across the world. Chloe has a Bachelor’s degree in Economics from the University of Reading and grew up in Leicestershire, UK. 

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