Career Outcomes & Alumni Contacts

Each year the Department of Economics works with the University Career Center to survey our undergraduates about their next steps after graduation. Below are outcomes data about our majors. 

Class of 2022 Destinations Report

Class of 2022 First Destination Report

The following are first destination statistics and data for the undergraduate Class of 2022 as received by December 31, 2021. The report reflects first destinations outcomes of Economics majors. If you have any questions about the post-graduation plans of our undergraduate students, please contact Jennifer Jones in the Economics Career Office at jlh7b@virginia.edu.

Click here to access the report.

 

Class of 2021 Destinations Report

Class of 2021 First Destination Report

The following are first destination statistics and data for the undergraduate Class of 2021 as received by December 31, 2021. The report reflects first destinations outcomes of Economics majors. If you have any questions about the post-graduation plans of our undergraduate students, please contact Jennifer Jones in the Economics Career Office at jlh7b@virginia.edu.

These data are self-reported by our students and collected from sources such as LinkedIn and Handshake. Data from 397 out of 499 graduating students (80%) are referenced in the report. Below is a snapshot of the data followed by the full report.

 

Class of 2020 Destinations Report

Class of 2020 First Destination Report

The following are first destination statistics and data for the undergraduate Class of 2020 as received by December 31, 2020. The report reflects first destinations outcomes of Economics majors. If you have any questions about the post-graduation plans of our undergraduate students, please contact Jennifer Jones in the Economics Career Office at jlh7b@virginia.edu.

These data are self-reported by our students and collected from sources such as LinkedIn and Handshake. Data from 431 out of 520 graduating students (83%) are referenced in the report. Below is a snapshot of the data followed by the full report.

Class of 2019 Destinations Report

Class of 2019 First Destination Report

The following are first destination statistics and data for the undergraduate Class of 2019. The report reflects first destinations outcomes of Economics majors in the College of Arts & Sciences. If you have any questions about the post-graduation plans of our undergraduate students, please contact Jennifer Jones in the Economics Career Office at jlh7b@virginia.edu.

This data is self-reported by our students and collected from sources such as LinkedIn and faculty. Data from 453 out of 495 graduating students (92%) are referenced in the survey.

 

Post Graduation Plans

Distribution of Employers Across Industry

Distribution of Job Function

Distribution of Base Salary

Compensation

Employer Names and Industry

Employment Offer Timelines

Graduate School

*Includes: Ecology, Electrical Engineering, Environmental Management, Global Affairs, History of Art, Professional Studies, Social Work and Tibetan Buddhism (see next page).
Note: Of 62 students attending graduate school, we have graduate school information for 61 students.

Class of 2018 Destinations Report

Class of 2018 First Destination Statistics

The following are first destination statistics and data for the undergraduate Class of 2018.  If you have any questions about the post-graduation plans of our undergraduate students, please contact Jennifer Jones in the Economics Career Office at jlh7b@virginia.edu.

This data is self-reported by our students and collected from sources such as LinkedIn and faculty reports. Data from 345 out of 390 graduating students (85%) are referenced in the survey. Details are forthcoming in the late fall of 2019.

Post-Graduation Plans

 

Distribution of Employers Across Industry

Distribution of Job Function

 

Distribution of Base Salary

 

Employers

 

 

Graduate Schools

 

Class of 2017 Destinations Report  

 

Class of 2017 First Destination Statistics

The following are first destination statistics and data for the undergraduate Class of 2017.  If you have any questions about the post-graduation plans of our undergraduate students, please contact Jennifer Jones in the Economics Career Office at jlh7b@virginia.edu.

This data is self-reported by our students and collected from sources such as LinkedIn and faculty reports. Data from 336 out of 430 graduating students (78%) are referenced in the survey.

 

Post-Graduation Plans

 

 

 

Compensation

 

 

Mean

Median

25th %tile

75th %tile

Base Salary

59,762

60,000

48,000

70,000

Signing Bonus

7,957

6,500

5,000

10,000

Relocation Reimbursment

4,169

2,750

1,500

6,000

[1] Of 253 students reporting a full-time job offer, 175 report a non-zero salary.
[2] Average over students reporting a non-zero signing bonus; 81 respondents report receiving a signing bonus.
[3] Average over students reporting a non-zero relocation reimbursement; 34 respondents report receiving a relocation reimbursement. Students also report stock option values, which are not reported here.

 

Distribution of Base Salary

 

 

Notes: Of 253 students reporting a full-time job offer, 175 report a non-zero salary.

 

Distribution of Employers across Industry

Notes: Of 253 students reporting a full-time job offer, 206 students reported the industry of employment.

 

Financial Services Breakdown

 

Consulting Breakdown

 

Distribution of Job Function

 

Percent

Finance

24%

Consulting

26%

Computer & Information Technology

5%

Marketing

6%

Sales

6%

Research

2%

Management

4%

Military

5%

Accounting

1%

Education, Curriculum, & Teaching

1%

Business Analyst

8%

Real Estate

3%

Economic Development

1%

Law

4%

Healthcare

1%

Office and Administrative Support

1%

Other

4%

 

Notes: Of 253 students reporting a full-time job offer, 190 students reported their job function

 

 

Employers

The following employers have hired economics majors.  Many have hired more than one graduate, indicated by *. 

4 Brothers Buy Houses

INDUSTRY DIVE

Abaco Systems, Inc.

Insight222

Accenture*

InterVarsity Christian Fellowship

Adobe Systems

Interactive Brokers

Alphabrook

International Gourmet Foods

Alpine Investors*

Investment Technology Group Inc. (ITG)

Altria*

JPMorgan Chase & Co.*

Amazon

JobzMall

Ambra Health

K2 Dental Arts

American Enterprise Institute

KPMG LLP

American Life League

Key-Log Economics

American Systems Corporation

L2

Analysis Group

LBV Realty Associates

Anheuser-Busch

Lincoln International

Applied Predictive Technologies*

M&T Bank Corporation

Attain*

MAXIMUS

AvalonBay Communities, Inc.

Matakauri Lodge

BB&T

McKinsey & Company

BDO

Memoryblue

Bain & Company*

Merkle*

Bank of America Merrill Lynch

Microsoft*

Benten Technologies, Inc

Military Service

Berkeley Research Group*

Morgan Stanley*

BlackRock

NFL Players Association

Boatsetter

Navigant

Booz Allen Hamilton*

Naylor Association Solutions

Bragar Eagel and Squire P.C.

NetSuite

Brown Advisory

Noblis

CEB, Now Gartner*

Northern Trust Corporation

CGI*

Northwestern Mutual

CIMA Energy

OMD USA

CRC Companies

Optum

Caesars Entertainment Corporation

Oracle*

CapTech

Own Venture - TavoloTouch

Capital One*

Own Venture - myperfi LLC

Cardno International Development

PAAMCO

Carmax*

PACE HARMON

Central Bank of Thailand

PNC Bank

Citigroup*

Pariveda Solutions

Civic Financial Services

Pilot Flying J Travel Centers

CoStar Group*

Private Advisors, LLC

Coleman Research Group

Promontory Financial Group, LLC

Collage Group*

Prudential Financial

Conde Nast

PublicRelay

Consumer Financial Protection Bureau

PwC*

Consumer Technology Association

Red Ventures

Cornerstone Research

Regal Credit Management

Counterpoint Consulting, LLC*

Resolution Economics

County of Albemarle

Riot Games

Cozen O'Connor

Rolls-Royce

Credit Suisse

S&P Global Market Intelligence

DISH

SEI*

DJI

SHINE Systems & Technologies

Davenport & Company, LLC

SagePoint Financial*

Dean & Company

Sendero Consulting

Deloitte* 

 

Deltek

Signal Hill Capital

Department of the Treasury, Office of the Comptroller of the Currency

SocialCode

Deutsche Bank

Sol Consulting Group

Devils Backbone Brewing Company

Strategic Investment Group

Dollar Tree

Sullivan & Cromwell

Dominion Energy

Teach For America

EY*

The Citco Group Limited

Education Strategy Consulting

The Kenrich Group LLC

Epic

The Lewin Group

Eventbrite

The New York Times

Evercore

The PFM Group

Everington Consulting Inc

The Urban Institute

 

The Washington Post

FTI Consulting*

Third Bridge Group Limited*

FW Cook

Tourmaline Properties

Fast Enterprises, LLC

U.S. Bancorp

Federal Reserve Bank of Richmond

U.S. Department of Justice

Federal Trade Commission*

U.S. Department of State

Fellowship*

U.S. Department of Transportation

First Annapolis Consulting, Inc.

U.S. Department of Treasury

Freddie Mac*

U.S. Marine Corps

GLG*

U.S. Senate

Georgetown Economic Services

USILaw

Goldman Sachs

Universal McCann

GrayCo Inc.

University of Virginia Health System*

Greenwich Associates

VRA Partners, LLC

Grenzebach Glier and Associates

Values Partnerships

Greystar Europe Holdings

Vanguard

Greystone Funding Corporation

Ventera Corporation

Guggenheim Partners

Virginia Retirement System

Gunnison Consulting Group, Inc.

Warwick Mechanical Services

Hamilton Place Strategies

Washington REIT

Hanover Research

Wells Fargo Advisors

Hiscox USA

Westchester Community College

Houlihan Lokey

William Morris Endeavor

IBM*

Wilmer Cutler Pickering Hale and Dorr LLP

ICF

Yext

 

ePlus Technology

 

 

 

Graduate Schools

Our students have reported acceptance into the following graduate school programs.

 

Number Attending

Brown University (RI)

1

Columbia University (NY)

1

Fordham University (NY)

1

George Mason University (VA)

1

IE Business School (Spain)

1

Imperial College London (United Kingdom)

1

Johns Hopkins University (MD)

1

NYU School of Professional Studies (NY)

1

Northwestern University (IL)

1

Princeton University (NJ)

1

University of California--Los Angeles "UCLA" (CA)

1

University of Chicago (IL)

1

University of Edinburgh (United Kingdom)

1

University of Manchester (United Kingdom)

1

University of Minnesota--Twin Cities (MN)

1

University of Rochester (NY)

1

University of Virginia (VA)

8

Vanderbilt University (TN)

1

Virginia Commonwealth University (VA)

2

Washington University in St. Louis (MO)

1

 
 
 
Degree Sought and Expected Field of Study

 

Location of Post-Graduate Employment

 

Percent

Mid-Atlantic

61%

Midwest

2%

Northeast

18%

Not in North America

3%

South

5%

Southwest

6%

West

6%

 

 

Employment Offer Timelines

 

 

Offer Date by Industry

Accept Date by Industry

 

 

 

Class of 2016 Destinations Report

 

The following are first destination statistics and data for the undergraduate Class of 2016. If you have any questions about the post-graduation plans of our undergraduate students, please contact Jennifer Jones in the Economics Career Office at econ-eco@virginia.edu.

This data is self-reported by our students. 314 out of 441 students (71.2%) responded to the survey.

Post-Graduation Information

 

(%)

Accepted Full-Time Employment

72.0

Attending Graduate School

14.0

 Still Seeking Employment

8.9

Volunteer/Postponing job search/Fellowship/Other Status

3.2

Not Seeking or other intention

1.9

 

Post-Graduation Plans

Post Graduation Plans Pie Chart

 

 

Compensation

Break Down

Mean

Median

Range

Base Salary1

$61,645.56

$65,000

$118,400

Signing Bonus

$8,732.532

$7,000

$49,400

Relocation Reimbursment

$3,736.363

$2,500

$9,800

[1]Of 226 students reporting a full-time job offer, 184 report a non-zero salary.
[2] Average over students reporting a non-zero signing bonus; 90 respondents report receiving a signing bonus.
[3]Average over students reporting a non-zero relocation reimbursement; 33 respondents report receiving a relocation reimbursement. Students also report stock option values, which are not reported here.

 

Distribution of Base Salary

Distribution of Base Salary Pie Chart

 

Distribution of Employers across Industry 4

Employer Distribution Graphics

 

[4] Of 226 students reporting a full-time job offer, 4 students did not report the industry of employment. Students’ reporting of industry is not always accurate.

 

Distribution of Job Functions5

Function

(%)

Finance

32.9%

Consulting

23.2%

Computer and Information Technology

7.7%

Marketing

6.3%

Sales

5.3%

Research

4.3%

Management

3.9%

Military

3.0%

Accounting

1.9%

Education, Training, and Library

1.5%

Business Analyst

1.5%

Real Estate

1.5%

Economic Development

1.0%

Law

1.0%

Healthcare

1.0%

Insurance

1.0%

Office and Administrative Support

1.0%

Math

1.0%

Fundraising

0.5%

Community and Social Services

1.0%

Employers

The following employers have hired economics majors.  Many have hired multiple students each year (indicated by *). 
This data is self-reported by our students.

Abt Associates*
Accenture*
ACG Professionals
Adams Capital, Inc
Admiral Group plc
Adobe Systems
The Advisory Board Group
Aero Nautical Radio of Thailand
AIG
Airport Consultants Council
Aldi, Inc
Aldrich Capital Partners
Alkemy Inc.
Alliance Bernstein
Allscripts
AlphaSights
Altamont Capital Partners
Altius Associates
Altria Group
Altus Power Management
Alvarez and Marsal
Amazon.com*
American Enterprise Institute
American Solar Partners
Amerisphere
Analysis Group
Analytic Partners
Anheuser-Busch InBev
Ann Inc. E-Commerce
Appian Corporation*
Apple REIT Companies
Applied Predictive Technologies
Asia Policy Point
The Association for Manufacturing Technology
AvalonBay Communities
AXA Advisors
B2R Finance
Bain & Company*
Bank of America Merrill Lynch*
Barclays
Barret Johnson & Associates
Bates White Economic Consulting
Bayview Asset Management
BB&T
Beacon Group, LLC
Berkeley Research Group LLC
Bessemer Trust *
BlackArch Partners
BlackRock
Blackstone Group
Bloomberg News*
Blu LNG
Blue Engine
Blue Vista Capital Partners
Board of Governors of the Federal Reserve System*
Boeing
BofI Federal Bank
Booz Allen Hamilton Inc.*
Boston Consulting Group
Bouvrie International
Boyd Caton Group, Inc.
Branksome Hall Asia
Brown Advisory*
Brown Brothers Harriman
Bryanston School
Bulletin Intelligence
Cambridge Associates*
Cape Eleuthera Institute
Capgemini
Capital Group Companies*
Capital One*
Capital Source Group
CapTech Consulting *
Cardinal Health
Carmax
CBRE
CEB
CFA Institute
CGI
Chatham Capital Group
Choice Hotels International
C-III Capital Partners
Citigroup Inc. *
Coleman Research Group
Compass Lexecon
comScore*
Congressional Budget Office
Congressman Womack
Connelly Partners
Cooper Center for Public Service, Center for
 Economic and Policy Studies
Cornerstone Research*
Counterpoint Consulting
Credit Suisse
Criterion Economics
Currency Capital, LLC
Cvent *
Cyndx Advisors
DC Energy
Dealersocket
Delicarnes S.A.
Deloitte LLP*
Dimensional Fund Advisors
Dish Network
Dollar Tree
Dominion Virginia Power*
Drystone LLC
Duff & Phelps Corporation
Dynamics Search Partners
EagleBank
Eastdil Secured
Economists Incorporated
Edgeworth Economics
Elm Talent Group
Envestnet
Enviva LP
Epic Systems *
Ernst & Young*
FactSet Research Systems Inc. *
Fannie Mae *
The Federalist Society
Federal Reserve Bank of New York
Fidelity Investments*
Fidus Partners
Financial Technology Partners LP
First Investors
Flyer Mountain
Foulger-Pratt
Freddie Mac
French Institute Alliance Française
FTI Consulting*
Fusemachines
GEICO*
Gerson Lehrman Group*
Gibbs & Soell Business Communications
Goldman Sachs*
Goodman Media International, Inc
Google
Grand Central Tech
Grant Thornton
Grassroots Campaigns
Greenhill & Company
GreenSky Credit
GSD Company
Guggenheim Partners
Hajoca
Halfaker and Associates, LLC
Hamilton Lane Advisors
Hanover Research
Hartford Financial Services Group, Inc
Health Diagnostics Laboratory, Inc.
Heidrick & Struggles
 
Helping Overcome Poverty's Existence (via AmeriCorps)
Hickory Ground Solutions
Hilton Worldwide
Home Depot
Horizon Media
Houlihan Lokey
HSBC Investment Bank
Hudson River Group
IBM*
ICAP North America, inc
Ideal Construction & Remodeling
Incentive Technology Group *
ING Financial Partners
InMobi
InnovateEDU
INOVA Health System
Insight Global
Institute for Defense and Business
J.P. Morgan Chase*
JBGR Retail
Jeffries & Company
JLL*
John Hancock Investments
Johns Hopkins Applied Physics Laboratory
Kaplan Test Prep
Karisimbi Business Partners
KCIC Consulting
KForce
KPMG
Ladder Capital
Leo Burnett
The Lewin Group
Library of Congress
Littler Mendelson, P.C.
Local Politechs Strategies
Lockheed Martin*
L’Oréal Paris
M&T Bank Corporation*
Macy's.com
Make-A-Wish Foundation
Markel Corporation
The Marwood Group
MassMutual Greater Richmond
Matheus
MBI, Inc.
McKinsey & Company*
McMaster-Carr
MeadWestvaco (MWV)
Mercer*
Merkle, Inc *
Merrill Lynch*
Microsoft Corporation*
Mizuho Bank Ltd
Mizuho Securities USA Inc.
Moelis & Company LLC
Monmouth School
MyLamp LLC
National Association of Attorneys General (NAAG)
Navigant Consulting, Inc. *
NBCUniversal
NetSuite
New York Life Insurance Company
Northrup Grumman Corporation
Novel Energy Solutions
Ogilvy & Mather
Old Edwards Inn and Spa
Oliver Wyman
Omnicom Media Group
Omnitek Consulting
Opower
Oracle Corporation*
P/E Investments
Palantir Technologies
Peak6*
PitchBook Data
PNC *
Power Plan
Premier, Inc
PricewaterhouseCoopers *
Promontory Financial Group
Quantitative Investment Management
Realm
Red Hat
Red Ventures*
Reformed University Fellowship
Resource Environmental Solutions
Ridgetop Research
Rimm-Kaufman Group
Rolls-Royce North America
Rosenberg Economic Advisors
Santander
Schneider Associates
S-Game
Smathers and Branson
SNL Financial*
Southern Development Homes
SRA International, Inc.
Starcom MediaVest Group
Stout Risius Ross*
Strategic Investment Group*
SunTrust Bank
T. Rowe Price
T3 Trading Group, LLC
Talener Group
Teach for America*
TEOCO Corporation
TerrAlign
Tidewater Independent Schools Young Life
TigerRisk Partners
Tortoise Investment Management
Tower Strategy Group
Towers Watson*
Trade Informatics
Travelers Insurance
Trillium Trading, LLC
Trimont Real Estate Advisors
Turner Construction Company
UBS
Under Armour
United States Air Force
United States Army
United States Bureau of Labor Statistics
United States Department of Defense
United States House of Representatives*
United States Navy
United States Senate
University of Virginia
University of Virginia Athletics
University of Virginia Global Internship Program
University of Virginia Health System
University of Virginia Internship Program
University of Virginia MD Cell Biology
University of Virginia School of Medicine
Univision
Urban Institute
UVIMCO*
Victory Packaging
Videology*
Village Capital
Virginia National Bank
Vivid Seats
Vorsight
Walt Disney World
Wells Fargo*
Whereoware
White & Case
WorldStrides
WWL-TV.com
Yahoo! Inc
Yext*
Zerin Business Consulting

 

Graduate Schools

Our students have reported acceptance into the following graduate school programs.

 

School

Number of Students Attending

Brown University (RI)/p>

1

College of William and Mary (VA)

1

Columbia University (NY)

1

Cornell University (NY)

1

George Mason University (VA)

1

Georgetown University (DC)

1

Harvard University (MA)

2

HEC Paris

1

Icahn School of Medicine at Mt. Sinai (NY)

1

IIM-A

1

Johns Hopkins University (MD)

2

New York University (NY)

1

Sotheby's Institute of Art (NY)

1

Stanford University (CA)

1

Syracuse University (NY)

1

University of Chicago (IL)

2

University of North Carolina--Chapel Hill (NC)

1

University of North Carolina--Charlotte (NC)

2

University of Oxford (United Kingdom)

1

University of Virginia

11

Vanderbilt University (TN)

1

Virginia College of Osteopathic Medicine

1

Virginia Commonwealth University (VA)

1

Degree Sought Expected Field of Studty Bar Chart

2016 Heat Map: Location of Post-Graduate Employment or School within U.S.

Heat map of Post-Grad Employment or School in US

Employment Offer Timelines

Offer Date Line Graph

Offer Received Line Graph

Offer Accepted Line Graph

Class of 2015 Destinations Report

The following are first destination statistics for economics majors from the undergraduate Class of 2015. We encourage you to use this information as one piece of your career planning research. Here you will find general salary and industry data and names of employers who have hired economics majors over the last 4 years. You will also find information about graduate school plans.

Students who double-majored in ‘Commerce and Economics’ and ‘Commerce and Engineering’ are included in these calculations, except where noted.  If you have any questions/want more details, please contact Jennifer Jones in the Economics Career Office at econ-eco@virginia.edu.

This information is self-reported by our students. 416 economics majors were surveyed and 307 replied (74%). The final data collection was completed on October 2, 2015.

Post-Graduation Plans [Footnote 1]

 

(%)

Accepted Full-Time Employment

65.4

Attending Graduate School

17.3

Seeking Employment

5.2

Other

3.9

Undecided

2.6

Seeking Graduate School Admission

2.3

Travel

1.3

Volunteer/Service Work

1.0

Serving in a Branch of the Military

1.0

 

 

 

[1] Of 415 students surveyed, 306 responded to this question in the survey (response rate: 73.7%)

 

Annual Compensation [Footnote 2]

Mean Salary

Mean Signing Bonus

1st Quartile

2nd Quartile

3rd Quartile

4th Quartile

$61,438.19

$7,637.19

47,500

47,500-60,000

60,000-75,000

75,000-122,000

[2] Of 200 students that responded that they had accepted full-time employment, 166 students reported a positive annual base salary (response rate: 83%) and 95 reported a positive signing bonus (response rate: 57%).  Mean, median, range, min and max taken across students reporting a non-zero amount to each question from 149 responses. Does not include stock, equity, retirement, other benefits.

 

 

Distribution by Most Popular Employer Industry [Footnotes 3,4,5,6,7]

Industry

Number

(%)

Financial Services

57

29.8

Consulting Services (Commercial and Federal)

53

27.7

Advertising, Marketing and Public Relations

11

5.8

Information Technology

10

5.2

Government and Policy

9

4.7

Healthcare Administration, Services, and Public Health

7

3.7

Computer Science: Hardware and Software

7

3.7

Real Estate and Insurance Sales and Management

7

3.7

Other

30

15.7

 

 

Most Popular Employer Industry

 

 

 

[3] Of 200 students that reported that they had accepted full-time employment, 191 students reported the industry of employment (response rate: 95.5%). Students’ reporting of industry is not always accurate.

[4] Comprises: Investment Banking, Management, Commercial Banking, other Financial Services

[5] Comprises: Government, Politics, and Public Policy/Think Tanks

[6] Comprises: Administrative and Support Services, Aerospace and Aviation, Communications, Consumer Goods, Product Sales, Defense Contractor, Education, Entertainment and Parks and Recreation, Energy, Entrepreneur, Human Resources, Manufacturing, Publishing, Military Service, Music, Religion, Sales, Travel and Tourism, and Other

[7] For group definitions, see footnotes in table

Employers

The following employers have hired economics majors over the last four years (2012-2015).  Many have hired multiple students each year.  This data is self-reported by our students.

 

Accenture

ACG Professionals

Admiral Group plc

Advisory Board Group

Aero Nautical Radio of Thailand

Aldrich Capital Partners

Alkemy Inc.

AlphaSights

Altria Group

Altus Power Management

Alvarez and Marsal

Amazon.com

American Enterprise Institute (AEI)

Amerisphere

Analysis Group

Ann Inc. E-Commerce

Appian Corporation

Applied Predictive Technologies

Asia Policy Point

Association for Manufacturing Technolgy – AMT

AvalonBay Communities

AXA Advisors

Bain & Company

Bank of America Merrill Lynch

Barclays

Barret Johnson & Associates

Bates White Economic Consulting

Bayview Asset Management

BB&T

Berkeley Research Group

Bessemer Trust

Bloomberg

Blue Engine

Boeing Company

Booz Allen Hamilton Inc.

Bouvrie International

Branksome Hall Asia

Brown Brothers Harriman

Bryanston School

Cambridge Associates

Cape Eleuthera Institute

Capgemini

Capital Group Companies

Capital One

CapTech Consulting

Cardinal Health

CGI

Chatham Capital Group

Choice Hotels International

C-III Capital Partners

Citigroup Inc.

Coleman Research Group

Compass Lexecon

comScore

Congressional Budget Office

Connelly Partners

Cooper Center for Public Service, Center for Economic and Policy Studies

Cornerstone Research

Corporate Executive Board

Counterpoint Consulting

Credit Suisse

Criterion Economics

Cvent

DC Energy

Dealersocket

Delicarnes S.A.

Deloitte LLP

Dish Network

Dollar Tree

Dominion Virginia Power

Drystone LLC

Duff & Phelps Corporation

Dynamics Search Partners

Eastdil Secured

Elm Talent Group

Envestnet

Epic Systems

Ernst & Young

FactSet Research Systems Inc.

Fannie Mae

Federal Reserve Bank of New York

Federal Reserve Board

Federalist Society

Financial Technology Partners LP

First Investors

Flyer Mountain

Foulger-Pratt

Freddie Mac

FTI Consulting

Fuse Machines

GEICO

Gerson Lehrman Group (GLG)

Gibbs & Soell Business Communications (G&S Business)

Goldman Sachs

Google

Grant Thornton

Greenhill & Company

GSD Company

Guggenheim Partners

Hajoca

Hamilton Lane Advisors

Hanover Research

Health Diagnostics Laboratory, Inc.

Heidrick & Struggles

Helping Overcome Poverty’s Existence (via Americorp)

Hickory Ground Solutions

Home Depot

Horizon Media

Houlihan Lokey

HSBC Investment Bank

IBM

ICAP North America, Inc

Incentive Technology Group

ING Financial Partners

InMobi

InnovateEDU

INOVA Health System

Insight Global

JPMorgan Chase

JBGR Retail

Jeffries & Company

JLL

Johns Hopkins Applied Physics Laboratory

Kaplan Test Prep

Karisimbi Business Partners

KCIC Consulting

Kforce

KPMG

Ladder Capital

Leo Burnett

Lewin Group

Littler Mendelson, P.C.

Local Politechs Strategies

Lockheed Martin

Macy’s.com

Make-A-Wish Foundation

Markel Corporation

Marwood Group

MassMutual Greater Richmond

MBI, Inc.

McKinsey & Company

McMaster-Carr

MeadWestvaco (MWV)

Mercer

Merrill Lynch

Microsoft

Mizuho Bank Ltd

Mizuho Securities USA Inc.

Moelis & Company LLC

Monmouth School

MyLamp LLC

National Association of Attorneys General (NAAG)

Navigant Consulting, Inc.

Northrup Grumman Corporation

Novel Energy Solutions

Ogilvy & Mather

Old Edwards Inn and Spa

Oliver Wyman

Omnitek Consulting

Opower

Oracle Corporation

P/E Investments

Palantir Technologies

Peak6

PitchBook Data

PNC

Power Plan

PricewaterhouseCoopers (PwC)

Promontory Financial Group

Quantitative Investment Management (QIM)

Red Hat

Red Ventures

Reformed University Fellowship

Resource Environmental Solutions

Ridgetop Research

Rimm-Kaufman Group/RKG/Merkle

Rolls-Royce North America

Rosenberg Economic Advisors

Santander

Schneider Associates

Self Employed

S-Game

Smathers and Branson

SNL Financial

Southern Development Homes

SRA International, Inc.

Stout Risius Ross

T. Rowe Price

Talener Group

Teach for America

TerrAlign

The SI

Tidewater Independent Schools Young Life

Tortoise Investment Management

Tower Strategy Group

Towers Watson

Trade Informatics

Trillium Trading, LLC

Turner Construction Company

UBS

Under Armour

United States Air Force

United States Army

United States Bureau of Labor Statistics

United States Department of Defense

United States House of Representatives

United States Navy

United States Senate

University of Virginia

University of Virginia Athletics

University of Virginia Global Internship Program

University of Virginia Health System

University of Virginia Internship Program

University of Virginia MD Cell Biology

Univision

Urban Institute

UVIMCO (UVA Investment Management Company)

Victory Packaging

Videology

Vivid Seats

Vorsight

Walt Disney World

Wells Fargo

Whereoware

White & Case

WWL-TV.com

Yahoo! Inc

 

 

Graduate Schools

Our students have reported acceptance into the following graduate school programs.

 

School

Number of Students Attending

Bowling Green State University

1

Columbia University

1

Cornell University

1

Duke University

2

Emory University

1

ESADE

1

Georgetown University

2

Ohio State University

1

Uniformed Services University of the Health Sciences

1

University of Arkansas

1

University of California--Berkeley

2

University of California--Los Angeles

1

University of Georgia

1

University of North Carolina--Chapel Hill

1

University of Notre Dame

1

University of Southern California

1

University of Virginia School of Medicine

2

University of Virginia--Architecture School

1

University of Virginia--Batten School of Leadership and Public Policy

8

University of Virginia--Curry School of Education

1

University of Virginia--Graduate School of Arts & Sciences

6

University of Virginia--McIntire School of Commerce

14

University of Virginia--School of Engineering and Applied Science

1

Virginia Commonwealth University

1

 

 

 

Breakdown of Graduate School Attendance by Degree

 

 

Breakdown of Respondents by Gender [8]

[8] Data not available from students double majoring in commerce and economics. 285 students responded to this question. 112 female, 172 male. (39% women 60% male, 1 % no reply) The class breakdown by gender was 149 women and 243 men. (38% female, 62% men). The response ratio almost mirrors the class gender demographics.

Internships and Job Offers

 

Data not available from students double majoring in commerce and economics. 162 students responded to this question. Also note that not all intern employers offer full time positions to employees.[9]

 

Majors and Goals [10]

 

 

 

 

[10] Data not available for students double majoring in economics and commerce. 177 students responded to the first question and 176 students responded to the second.

Class of 2014 Destinations Statistics

The following are first destination statistics and data (as of October 3, 2014) for the undergraduate Class of 2014. We have heard from 67% of graduates (212 out of 318) about post-graduation plans. Please note that 50 of our graduates are not included in these numbers because they double-majored in Engineering or Commerce in addition to Economics. (They will be included in the 2015 statistics.) If you have questions about the post-graduation plans of our undergraduate students, please contact Jennifer Jones in the Economics Career Office at jlh7b@virginia.edu.

 

Undergraduate Class of 2014 Post-Graduation Plans*

 

 

 

 

(%)

Accepted Full-Time Employment

55.0

Seeking Employment

11.3

Attending Graduate School

24

Seeking graduate school admission

2

Not in the Job Market (other plans)

2

Travel

2

Volunteer/Service Work

2

Undecided/Other

2

 

 

Undergraduate Class of 2014 Compensation**

 

 

 

 

($)

Average Base Salary

55,669

Average Signing Bonus

6,808

 

 

 

 

Distribution by Most Popular Employer industry***

 

 

 

 

( % )

Financial Services

37

Consulting Services

28

Information Technology/IT Services

9

Computer Science: Hardware/Software Design

6

Academic/Education

5

Advertising, Marketing, Public Relations

5

Other

10

 

*Note: Out of the 212 people who responded to the 2014 survey.

**Note: This is of the 93 people in the full time category who responded when asked about their salaries and 39 who reported their bonuses.

***Note: This data is self-reported by recent graduates and industry categories were chosen by the graduates. 93 students responded. “Popular” refers to categories that were chosen most often. See the complete list of reported employers beginning on page 3.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The following employers have hired economics majors over the last three years (2012, 2013, and 2014). Many have hired multiple students each year. This data is self-reported by our students.

Accenture

JP Morgan Chase

Aero Nautical Radio of Thailand

Kaplan Test Prep

Altria Group

Karisimbi Business Partners

Altus Power Management

KCIC

Alvarez and Marsal

KForce

Amazon.com

Ladder Capital

Amerisphere

Littler Mendelson, P.C.

Analysis Group

Macy’s.com

Ann Inc. E-Commerce

Make-A-Wish Foundation

Appian Corporation

Markel Corporation

Applied Predictive Technologies

MBI, Inc.

Asia Policy Point

McKinsey & Company

AvalonBay Communities

Merrill Lynch

AXA

Mercer

Bain & Company

Microsoft

Bank of America Merrill Lynch

Monmouth School

Barclays

MeadWestvaco (MWV)

Barrett-Johnson & Associates

National Association of Attorneys General (NAAG)

Bates White Economic Consulting

Northrup Grumman Corporation

BB&T

Old Edwards Inn and Spa

Blu LNG

Oliver Wyman

Booz Allen Hamilton

Opower

Bouvrie International

Oracle Corporation

Brown Brothers Harriman

PitchBook Data

Bryanston School

PNC

Capital One

Power Plan

Capgemini

PricewaterhouseCoopers

Cardinal Health

Quantitative Investment Management

CGI

Red Hat

Chatham Capital Group

Red Ventures

Choice Hotels International

Resource Environmental Solutions

Coleman Research Group

Ridgetop Research

Compass Lexecon

Rimm Kaufman Group

comScore

RKG

Connelly Partners

Rosenberg Economic Advisors

Cooper Center for Public Service, Center for Economic and Policy Studies

Schneider Associates

Cornerstone Research

Smathers and Branson

Corporate Executive Board

Southern Development Homes

Credit Suisse

SRA International

Criterion Economics

Talener Group

Cvent

Teach for America

DC Energy

TerrAlign

Deloitte LLP

The Advisory Board Group

Dish Network

The Capital Group

Dollar Tree

The Federalist Society

Dominion Virginia Power

The Home Depot

Duff & Phelps Corporation

The SI

Dynamics Search Partners

Tidewater Independent Schools Young Life

Elm Talent Group

Tortoise Investment Management

Envestnet

Towers Watson

Epic Systems

Trade Informatics

Ernst & Young

Turner Construction Company

Fannie Mae

Under Armour

Federal Reserve Bank of New York

United States Army

Federal Reserve Board

United States Bureau of Labor Statistics

First Investors

United States Department of Defense

Flyer Mountain

United States House of Representatives

Foulger-Pratt

University of Virginia Athletics

Freddie Mac

University of Virginia Global Internships Program

FTI Consulting

University of Virginia Internship Program

Gerson Lehrman Group

University of Virginia MD Cell Biology

Goldman Sachs

Univision

Grant Thornton

Victory Packaging

Guggenheim Partners

Vorsight

Hamilton Lane Advisors

Wells Fargo

Health Diagnostics Laboratory, Inc.

White & Case

Helping Overcome Poverty’s Existence (via Americorps)

WWL-TV.com

Hickory Ground Solutions

Yahoo! Inc.

Horizon Media

 

Houlihan Lokey

 

HSBC Investment Bank

 

IBM

 

InMobi

 

InnovateEDU

 

Insight Global

 

ITG

 

Jeffries & Company

 

Johns Hopkins Applied Physics Laboratory

 

 

Class of 2014 Graduate School Destinations as of October 28, 2014

 

Graduate Schools

Our students have reported acceptance into the following graduate school programs. One student is attending unless otherwise indicated.

School

Program

Degree Sought

Babson College

Business

MS

Duke University

Law

JD

Eastern Virginia Medical School

Medicine

MD

Emory University

Law

JD

Georgetown University

Medicine

MA

Georgetown University

Public Health

MS

Georgetown University

Public Policy

MPP

HEC Paris

Business

MS

Johns Hopkins University

Math/Computer Science/Natural Sciences

MA

London School of Economics

Social/Behavioral Science

MS

Michigan State University

Social/Behavioral Science

Ph.D.

Ohio State University

Humanities

Ph.D.

University of Florida

Business

MA

University of Maryland

Social/Behavioral Science

Ph.D.

University of Oxford

Social/Behavioral Sciences

MPhil

University of Southern California

Business

MS

University  of Virginia

Math/Computer Science/Natural Sciences

MS

University of Virginia

Humanities

Ph.D.

University of Virginia Frank Batten School of Leadership and Public Policy+

Public Policy

MPP

University of Virginia McIntire School of Commerce+

Business

MS

University of Virginia School of Law*

Law

JD

University of Virginia School of Nursing

Nursing

MSN

Virginia Commonwealth University

Education

MT

Virginia Commonwealth University School of Medicine

Medicine

MD

 Virginia Technical University

Social/Behavioral Science

MS

Wake Forest University*

Business

MA

Washington St. Louis University

Business

MS

Please note that many economics majors work for several years before applying to graduate school. Popular disciplines for advanced study include law, business, and public policy.

 

Class of 2013 Destinations Statistics

The following are first destination statistics and data (as of January 1, 2014) for the undergraduate Class of 2013. We have heard back from 58% (or 194 out of 319) of our graduates about their post-graduation plans. If you have any questions regarding the post-graduation plans of our undergraduate students, please contact Jennifer Jones, Career Coordinator at the Economics Career Office at jlh7b@virginia.edu.

Undergraduate Class of 2013 Post-Graduate Plans*

 

 

 

 

(%)

Accepted Full-Time Employment

52.6

Post-graduate Internship/Summer Employment

4.1

Accepted Part-Time Employment

1

Seeking Employment

19.1

Attending Graduate School

19.1

Not in the Job Market (other plans)

5.2

Did Not Specify

4

 

 

Undergraduate Class of 2013 Compensation**

 

 

 

 

( $ )

Avg. Base Annual Salary

53,337

Avg. Signing Bonus

6,932

Economics Major only Avg. Salary

56,272

Economics Major only Avg. Bonus

5,227

Economics Major and one Minor Avg. Salary

55,767

Economics Major and one Minor Avg. Bonus

2,867

Double Major Avg. Salary

51,465

Double major Avg. Bonus

6,815

 
 

Distribution by Most Popular Employer industry***

 

 

Distribution by Most Popular Area of Job Function***

 

 

 

 

 

( % )

 

 

( % )

Computer Science/Information Technology

3

 

Engineering

8.5

Consulting Services

22

 

Financial Services

31

Financial Services

14

 

Management/Administration

10

Education

5

 

Marketing/Sales

10

Investment Banking

5

 

Research

10

Non-profit, Advocacy, Civic Organization

3

 

Teaching

6

Real Estate

3

 

Other

17

Other

9

 

 

 

 

Graduate Schools

Our students have reported acceptance into the following graduate school programs. One student is attending unless otherwise indicated.

School

Program

Degree Sought

Boston University

Economics

Master's

Carnegie Mellon University

Human-Computer Interaction

Master's

Cornell University

Public Administration

Master's

ESADE Business School

Finance

M.Sc.

George Mason University

Public Policy

Master's

The George Washington University Law School

Law

J.D.

Hopkins-Nanjing Center

International business/politics/law

Master's

Humboldt Universitaet zu Berlin

Economics

Master's

U.Va. McIntire School of Commerce (4)

Commerce

Master's

Massachusetts Institute of Technology

Economics Theory/Microeconomics

Ph.D.

Massachusetts Institute of Technology Sloan School of Management

Finance

Master's

Northwestern University

Civil and Environmental Engineering

Ph.D.

Princeton University

Psychology

Ph.D.

Stanford University

Management Science and Engineering

Master's

University of Chicago

Financial Mathematics

Master's

University of Virginia

Systems Engineering

Master's

University of Virginia

Electrical Engineering

Master's

University of Virginia

Statistics

Master's

University of Virginia School of Law

Law

J.D.

U.Va. Frank Batten School of Leadership and Public Policy (5)

Public Policy

Master's (4)

Ph.D. (1)

Wake Forest University

MA in Management

Master's

Washington University in St. Louis

Finance

Master's

Washington University School of Medicine in St. Louis

Medicine

M.D.

 

Employers

The following employers have hired students in the graduating class of 2013. Employers with an asterisk (*) have hired more than one graduate; those with a dash (~) have hired at least 3 and those with a plus sign (+) have hired 5 or more. This data is self-reported by our students and we have heard from 58% of the class.

Accenture

Aero Nautical Radio of Thailand

Altria Group

Altus Power Management

Amazon

Amerisphere *

Analysis Group

Ann Inc. E-commerce

Applied Predictive Technologies

Asia Policy Point

Bain & Company

Bank of America

Barclays capital

Bryanston School

Capital One *

CGI *

Chatham Capital Group

Coleman Research Group

Compass Lexecon

comScore *

Cooper Center for Public Service, Center for Economics and Policy Studies

Cvent

DC Energy

Deloitte

Deloitte Consulting +

Elm Talent Group

Federal Reserve Board

Foulger-Pratt *

FTI Consulting +

George Comfort & Sons

Hamilton Lane Advisers *

Helping Overcome Poverty's Existence (via Americorps)

Houlihan Lokey

IBM

ING Financial Partner

Insight global

ITG

JP Morgan Private Bank

Kaplan Test Prep

KCIC

KForce

Macy's.com

Mercer

Monmouth School

MeadWestvaco (MWV)

National Association of Attorneys General (NAAG)

Northrop Grumman Corporation

Old Edwards Inn and Spa

Opower

Oracle

PNC Bank *

PNC Financial

PricewaterhouseCoopers ~

Quantitative Investment Management

Red Hat

Resource Environmental Solutions

Rimm Kaufman Group

Rosenberg Economic Advisors

Talener Group

Teach for America *

TerrAlign

The Advisory Board Company

The Capital Group

The Federalist Society

The Home Depot

The SI

Tidewater Independent Schools Young Life

Turner Construction Company

Under Armour

University of Virginia (Athletics Department)

Victory Packaging

Vorsight

Wells Fargo

Wells Fargo Securities

*19.1% of students who responded to the survey indicated graduate school plans. However, 15% replied with the name of their program.
 

See Career Outcomes for all UVA students here.


ECONOMICS ALUMNI CONTACTS (click to download list of alumni) 

Use these networking tips in your outreach to alumni and in your conversations. Find more resources like this under the Networking section of the ECO website.