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Economics: Career Potential

The Department of Economics at Hofstra University prepares its graduates for success in academic, corporate, government, and non-profit jobs. Among 2016-2017 Hofstra graduates who majored in economics, 99% of survey respondents reported that within one year of graduation they were employed and/or attending or planning to attend graduate school. Among those Hofstra graduates who majored in social sciences and who reported salary, the median annual self-reported salary was $46,000.

Some examples of places where our recent alumni are employed are:

  • Alvarez & Marsal
  • Columbia University
  • Empire Financial Partners of New York
  • Goodman Marks Associates
  • Hofstra University
  • Microsoft
  • Permanent Mission of Sri Lanka to the United Nations
  • Stagg, Terenzi, Confusione & Wabnik LLC
  • Wells Fargo
  • Yankee Institute for Public Policy

Some examples of institutions where our alumni are pursuing graduate studies are:

  • Columbia University
  • Erasmus University Rotterdam
  • George Mason University
  • Johns Hopkins University
  • Marist College
  • New York University
  • Northeastern University
  • Stanford University
  • Syracuse University
  • Texas A&M University
  • University of Leeds
  • University of Michigan

According to the United States Department of Labor, employment for economists is projected to grow six percent between 2016 and 2026 and the median income for economists was reported as $102,490 in May 2017. (see 2017-2018 U.S. Department of Labor, Occupational Outlook Handbook).

Of the 1,453 undergraduate students who graduated between August 2016 and May 2017, data was collected via surveys and other reliable sources resulting in knowledge about the outcomes for 61% of the 16-17 undergraduate alumni. Salary data is self-reported voluntarily by students and based upon a 32% response rate for undergraduate students. Salary figures only include annual base salary. They do not include bonus, commission or any other guaranteed compensation.

See alumni outcome reports in their entirety.

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