Economicsat University of Miami
Graduates earn $42,129/yr in their first year — about 22.0% below the national Economics average. Base-case 10-year earnings $657K; scenarios range from $578K to $676K depending on AI disruption.
What this degree looks like at University of Miami
While the University of Miami's selective admissions and strong regional reputation are undeniable, an Economics degree here places you in a unique labor market. The South Florida economy, while dynamic in finance, real estate, and international business, can lead to initial earning patterns that differ from national averages, particularly for those who prioritize staying in the vibrant local environment. Many graduates leverage their analytical skills into roles in consulting, finance, or data analysis within Miami's growing corporate sector, or even entrepreneurship, where early compensation can vary widely.
However, the "very high" AI risk highlights a critical need to specialize. Your actionable advice: actively pursue internships that focus on advanced data analytics, econometrics, or policy application rather than generalist roles. This will differentiate you and build skills that complement, rather than compete with, emerging AI capabilities, positioning you for higher-value contributions in your chosen field.
Three scenarios, ten years out
Each scenario is a different assumption about how AI reshapes the career paths this major feeds into. Earnings projections stack the full 10-year cumulative trajectory; scores use the same 0–100 metric as the hero, recomputed under that scenario's assumptions.
10 year projection
Year-by-year earnings under each scenario. Base case reflects BLS growth patterns applied to University of Miami's starting earnings; optimistic and pessimistic adjust for AI's effect on each career path this major feeds into.
Common career destinations for this program's graduates, weighted by the school's specific occupation mix. Salary is BLS national median; AI risk is per-role task-exposure research.
Peer schools offering Economics
How University of Miami stacks up against other schools offering this major.
Other top programs at University of Miami
Other highest-scoring programs offered at University of Miami, ranked by DegreeOutlook Score.
Consider the trade route
Not sure a 4-year degree is the right path? Trade programs in Economics offer shorter timelines, lower debt, and strong AI resilience for hands-on careers.
Compare Economics trade programs on TradeSchoolOutlook →Frequently asked about Economics at University of Miami
What does a 47/100 DegreeOutlook Score mean for Economics at University of Miami?
At 47/100, the financial outlook is modest. Higher-scoring Economics programs exist, though non-financial factors may justify this choice.
Should I worry about AI if I study Economics at University of Miami?
The 56% AI task exposure score is above average. Our model shows this affecting job availability more than salaries — graduates may face stiffer competition for fewer positions.
Is University of Miami a good choice for Economics despite lower starting pay?
Starting salary is one data point. If University of Miami's tuition is significantly below average, the ROI calculation can still work — lower earnings paired with lower costs can be a reasonable trade.