Best Universities for Economics in UK

Looking to study economics at a world-leading university? Whether you’re aiming for the historic excellence of Oxford and Cambridge, the global influence of LSE, or the innovative programs at Bocconi and Yale, these top institutions offer outstanding education, career opportunities, and international connections. With high employment rates, competitive salaries, and strong industry links, these universities prepare students to shape the future of global economies. In this blog, you’ll find all the essential details to help you choose the perfect place to launch your economics career. 

University of Chicago

The University of Chicago, founded in 1890, is known for its famous “Chicago School of Economics,”. With a competitive acceptance rate of just 7%, it’s no surprise that only the most talented students are admitted. Home to approximately 17,000 students, the university has produced over 30 Nobel Prize winners in economics, including legends like Milton Friedman and Gary Becker. The university’s economics department ranks consistently in the top 5 worldwide, and with starting salaries averaging around $70,000–$80,000 for economics graduates, it’s a smart investment for future economists. Below are the key details of University of Chicago: 

Princeton University

Founded in 1746, Princeton University is one of the oldest and most prestigious universities in the USA. With a selective acceptance rate of around 6%, Princeton offers a close-knit, high-achieving community of around 8,000 students. The Department of Economics at Princeton is especially strong in areas like international economics, development economics, and economic theory. Princeton economics graduates regularly land positions at top global banks, consulting firms, and policy organizations, with average starting salaries around $65,000–$75,000. Below are the key details of Princeton University: 

London School of Economics and Political Science (LSE)

Founded in 1895, LSE is one of the world’s top social science universities. Located in the vibrant city of London, the university has over 11,000 students from 140+ countries. With a selective acceptance rate of around 9%, LSE is highly competitive. Its Department of Economics is known for influencing real-world policy, working closely with governments, financial institutions, and organizations like the IMF and World Bank.  

LSE economics graduates are among the most employable in the world, with an employment rate of over 94% and an average starting salary of around £35,000–£40,000. Below are the key details of The London School of Economics and Political Science (LSE): 

Yale University

Yale University, founded in 1701, is one of the most prestigious institutions in the United States. With around 12,000 students and a highly selective acceptance rate of just 6%, Yale offers a close-knit academic environment focused on collaboration and intellectual growth. Graduates from Yale’s economics program are leaders in global finance, government, and academia. Yale has a graduate employment rate of over 95%, with starting salaries ranging from $65,000 to $75,000. Below are the key details of Yale University: 

Northwestern University

Founded in 1851, Northwestern University, located in Evanston, Illinois, is highly respected for its strong focus on both theoretical and practical economics. With an acceptance rate of just 9%, Northwestern is highly competitive, attracting talented students from around the world. The university enrolls about 21,000 students, offering a balance of academic rigor and vibrant campus life. Northwestern’s economics graduates are highly employable, with an employment rate of over 93%. The average starting salary for economics graduates from Northwestern is approximately $65,000–$75,000, Below are the key details of Northwestern University: 

Bocconi University

Founded in 1902 in Milan, Italy, Bocconi University is a global leader in economics, finance, and management education. Ranked #16 worldwide and #4 in Europe for Economics and Econometrics, Bocconi offers students the opportunity to study in Italy’s financial capital.  The university has an acceptance rate of around 33%, making it competitive yet accessible for high-achieving students.  

With over 15,000 students from more than 100 countries, Bocconi provides a truly international learning environment. Bocconi graduates are in high demand across Europe and beyond, with an employment rate of over 92% within a year of graduation and starting salaries around €35,000–€40,000. Below are the key details of Bocconi University: 

Conclusion 

Choosing the right university for economics is an important step toward a successful future. From the policy-shaping halls of LSE to the Nobel Prize-winning professors of Chicago, these top universities combine academic excellence with real-world impact. With impressive graduate salaries, global alumni networks, and partnerships with major organizations like the IMF and Goldman Sachs, these institutions open doors to careers in finance, government, and beyond. No matter which university you pick, you’ll gain the skills and knowledge to make a lasting difference in the world of economics.