Millersville

 

The ECONOMICS Advantage:

 

The Winter 2007 issue of

Salary Survey  by NACE

Average starting salary offers for new college graduates:

  • – Marketing = $41,323

  • – Accounting = $46,508

  • – Business management = $43,523

  • – Finance = $47,905

  • – Economics = $51,631

–

Source: National Association of Colleges and Employers – www.naceweb.org

 

 

Going to Grad School?

 

GMAT® Total Score Means by Undergraduate Major, 2001-2006

Major:
2001-2002
2002-2003
2003-2004
2004-2005
2005-2006
Marketing
477
483
482
483
485
International Business
515
506
500
496
502
Management
489
487
483
480
486
Finance
532
537
533
532
536
Accounting
507
511
509
504
506
Economics
561
570
567
565
568
 

Source: The Profile of Graduate Management Admission Test ® Candidates is a product of the Graduate Management Admission Council® (GMAC®), 2006.

 
 

Interested in Law School?

Average LSAT Scores by Major, 2002-03:
Rank
Major
LSAT score
# of takers
1
Economics
156.6
4,163
2
Engineering
155.4
3,367
3
History
155
4,716
4
English
154.3
6,265
5
Finance
152.6
3,492
6
Political Science
152.1
15,023
7
Psychology
152.1
5,164
8
Criminal Justice
144.7
3,433
 
Total (all categories)
152.2
94,391
 

 

 

The LSAT score ranges from 120 to 180 with

mean and median near 152.

 

Looking more broadly at majors or groups of similar majors

with at least 700 takers, economics ranked third behind

physics/math (723 takers with mean 158.9) and

philosophy/religion (2,410 takers with mean 157.4).

 

 

 

Source: Michael Nieswiadomy, "LSAT Scores of Economics Majors: The 2003-04 Class Update," Journal of Economic Education 37 #2, Spring 2006. Pp. 244-7.