Best Universities For Masters in Economics In World

The University of Oxford is one of the world's most notable and historical institutes. A self-governing institute, it is ranked the fourth best university in the world by QS World University Ranking 2023. On the other hand, it is ranked #1 by the Times Higher Education World Ranking list for 2022. It is a world-class university that is highly regarded for its contribution to research.

Located in the city of Oxford, the University has more than 30 colleges, all spread throughout the city. Established in the 13th century, the University, Balliol, and Merton Colleges are the oldest. Green Templeton is the University’s newest college.

The University has three societies – Kellogg College, Reuben College, and St Cross College and they are considered departments under Oxford.

Students from more than 160 countries and territories come to study at Oxford.

Imperial College is a global topmost university in London which includes a world-class reputation in various departments such as Science, Business, Engineering, and Medicine. The Imperial College was established in the year 1907 in London, out of all the Royal colleges in South Kensington. King Edward VII granted an aristocratic constitution by establishing the Imperial College of Technology and Science. Some values which play a vital role in Imperial College London are respect, excellence, innovation, collaboration, and integrity. The primary USP of Imperial College London is that it is the only UK University that focuses completely on medicine, science, business, and engineering. Imperial College London is ranked 12th among the best global universities according to US News. The Imperial Institute was constructed in the year 1887 to praise Queen Victoria’s Jubilee with the intention of itself being a scientific research foundation exploring and progressing various raw materials of the dominion countries. It was allocated by a Governing body along with thus Prince of Wales as the President. Imperial College London ranked 2nd worldwide in the QS World University Ranking in the present year 2025.

Founded in 1583, the University of Edinburgh opened its doors in the quaint, hilly city of Edinburgh, Scotland. It is exactly situated in Old College, South Bridge, Edinburgh EH8 9YL, UK. 

Over the years the University of Edinburgh in the UK has nurtured some of the most renowned personalities who shaped the past and continue to change the present. 

As a public research university, it was one of the first to initiate Britain's literary awards. It was also here that the first animal, Dolly, the sheep, was cloned. Fascinatingly so, Sir Arthur Conan Doyle also crafted the very famous and notorious character of Sherlock Holmes within the institution’s premises!

According to the QS World University Ranking 2024, the University of Edinburgh ranking stands at 27th position, and on the World University Rankings list 2024, it ranks 30th. 

Columbia University (CU) is the oldest higher education school in New York and the fifth-oldest in the nation. It was founded in 1754 as King's College on the grounds of Trinity Church in Manhattan. A private Ivy League research institution in New York City, Columbia University is also known as Columbia University in the City of New York. The Core Curriculum has been the distinguishing feature of a Columbia University education for more than a century. It is a shared learning experience that fosters community-wide conversations and thoughtful reflections on critical literary works, current problems, and life's most important concerns. As a result, they are ranked at #34 in the United States by the QS Top University Rankings for 2024.

The Johns Hopkins University takes its name after the exemplary man, John Hopkins, who pushed the boundaries of education and public health in Baltimore and, since its establishment in 1876, has ensured to further his life's cause. 

The university runs with the simple motto of spreading the light of knowledge, original research, and independent thinking across the world. It’s also America’s first research university. 

This private research university has earned #32 position worldwide in the QS World University Rankings 2024. On the other hand, THE Times Higher Education places the university at #15 rank in the US College Rankings 2024. 

The University of Manchester in the UK is located towards the southern end of the city center in Manchester, encompassing Oxford Road and Sackville Street, the earlier homes of the Victoria University and UMIST respectively. The University of Manchester is a public research university known for its checkered history. Around 25 Nobel Prize winners have studied or worked at the institution while the atom was first split here by Ernest Rutherford. Alan Turing invented artificial intelligence here while the first stored-program computer in the world was made at the university. The university is known for its Square Kilometer Array, the biggest radio telescope in the world, and also the Jodrell Bank observatory with its Lovell Telescope. 

The University was founded in its current avatar in 2004 through the fusion of the UMIST (University of Manchester Institute of Science and Technology) and the Victoria University of Manchester. After collaborating for 100 years, the institutions merged on 22nd October 2004, creating the biggest single-site UK University. 

The University of Manchester ranking is 1 in THE (Times Higher Education) University Impact Rankings and 27 (World) in the QS World University Rankings for 2021. It is ranked at 35 in the World in the Academic Rankings of World Universities (2021). THE has ranked it at 50 (World) in its 2022 rankings. 

Founded in 1946, Australian National University (ANU) is a leading public university situated in Canberra, Australia. With more than 350 undergraduate, postgraduate and doctoral degrees, the university has seven colleges that offer courses in various disciplines. Consistent higher rankings, cutting-edge curriculum, and modern pedagogy with a vision to uplift society are the features that make Australian National University one of the sought-after study abroad destinations. 

The University of Melbourne is equipped with state-of-the-art campuses. The main campus of the University of Melbourne is located in Parkville, which is a short walk from central Melbourne. The main campus anchors six specialist campuses located throughout Greater Melbourne and regional Victoria, and three innovation precincts in Melbourne’s central business district.

You can find many sustainable facilities and a booming social life at the university. It is the best place for you to grow academically and personally. A university striving to combat environmental and economic challenges, the University of Melbourne is a place where you can grow as a person. In addition to this, the tightly knit communities and good connections with the faculty make this place ideal for students.

Here's some more information about Australia's leading university - the University of Melbourne.

Western Illinois University is a public institution at Macomb, Illinois, USA. It was founded in 1899 as the Western Illinois State Normal School. It was founded for catering to the needs for preparing teachers to work at the grammar schools throughout the State. 

The name of the college became the Western Illinois University in 1967. The institution gradually included several majors for high-school teacher preparation. It then came up with the graduate school, and a college for Arts and Sciences, in tandem with a liberal arts curriculum. It also set up institutions for Education and Human Services, Business and Technology, and Fine Arts and Communication. It has accreditation from the Higher Learning Commission. The student to faculty ratio stands at 12:1 while 88% of students are transfers at the institution. 

The University Campus is located at Macomb, Illinois, within the Quad Cities. It lies on the banks of the Mississippi River as well. It has several research and study centers including the Center for Best Practices in Early Childhood Education, Central Illinois Adult Education Service Center, Children's Literature Examination Center, COEHS Advising, Infant and Preschool Center, Center for Applied Criminal Justice, Maurice G. Kellogg Science Education Center, Reading Center, and the Center for Social Studies Education. 

There are 47 degree programs encompassing master, bachelor, certificate, and doctoral programs along with four degrees which are exclusively for the WIU Quad Cities campus, namely engineering, counseling, museum studies, and environmental science. 

Notable alumni include commentator, editor, and television producer, Mary Matalin, actor, journalist and voice actor, John Mahoney, and businessperson Robert Nardelli. 

Students have an opportunity to get practical experience across the spectrum, including gaining work experience at smaller businesses, various companies, and leading Fortune 500 entities, such as John Deere. There is a Center for Career Preparation and Employer Engagement which links students to companies for projects, internships, and career related prospects. The Center also offers career appointments, along with Handshake activities, resume development, cover letter development and review, personal statement building, mock interviews and support, searching for internships and jobs, navigating careers, and a lot more.  It also helps with choosing future graduate study programs along with career planning, and career fairs. Students can also access varied career tools and resources. 

The University of Sydney is one of the top comprehensive research and teaching universities globally. The university offers a range of disciplines, with over 400 study areas and more than 70,000 students. The University of Sydney has its main campus named Camperdown in Australia. 

The University of Sydney (USYD) or the Sydney University, located in Sydney, Australia, is a public research university. The USYD comprises eight university schools and academic faculties, offering masters, baccalaureate and doctoral degrees. The ranking of the University has been consistently high both internationally and nationally. It is among the world’s first universities to have admitted students entirely on the basis of academic merit. 

The University of New South Wales is a leading public research university in Sydney, Australia. It offers personalized teaching experiences with cutting-edge infrastructure. It is ranked number 70 in THE World Rankings 2022 and 45 in the QS World University Rankings 2023. It was founded in 1949, originating from the Sydney Mechanics Institute in 1843.  

This was followed by the Sydney Technical College in 1878, finally leading to the University of New South Wales in 1958. The university has several accreditations for its courses, including Chartered Accountants Australia, CPA Australia, CAANZ, IPA, and ACCA. The Business School has prestigious EQUIS and AACSB accreditations. The university has 63,232+ students hailing from 132 countries, along with a staff strength of 7,230. It has more than 334,000 alumni worldwide. 

The University of New South Wales has its central campus at Kensington in Sydney. Other campuses include Paddington, Sydney CBD, Canberra, and the upcoming Canberra City Campus. The institution is known for its emphasis on research, offering top-notch infrastructures like the UNSW Scientia Program and the UNSW Network Labs for research purposes. Other laboratories include the Molecular Microbiology Laboratory, Creative Robotics Lab, Interactive Media Lab, and the 3D Visualization Aesthetic Lab. 

UNSW has six faculties, including Business, Arts, Design & Architecture, Law & Justice, Engineering, Science, and Medicine & Health. The institution offers innovative research and innovative teaching experiences. There are a total of 47 schools along with 53 centers and institutes. At the same time, students can choose from 400 degrees, covering top disciplines like architecture and building, natural and physical sciences, business and management, engineering and related techniques, education, health, creative arts, and humanities and law. 

The University of New South Wales has a stellar lineup of famous alumni. Professor June Griffith taught at the institution as its first female graduate in 1952. Pat O’Shane AM was the first indigenous Law Graduate in the country, becoming the country’s first Aboriginal Magistrate and the first woman and indigenous citizen to head a Government Department. Justice David Wong (Federal Court of Malaysia) studied here, along with Senator Mehreen Faruqi, the first Muslim woman in the Australian Senate. Other notable alumni include Justin Jones, famous for his record-breaking sea kayak expedition over the Trans-Tasman in 2008.

The University of New South Wales offers several career development programs for students. These include virtual internships via InsideSherpa, professional development programs for international students, faculty-specific programs, and support for aspiring entrepreneurs and start-ups. UNSWConnect is the main jobs board for students, offering internships and volunteering opportunities, along with casual, part-time, and full-time jobs. The UNSW Employability Hub is another resource for students, helping them with skill development and vital skills they require to succeed in the workplace. 

The University of British Columbia, with its establishment as McGill BC in 1908, is the oldest university and one of the top three universities of Canada. Since 1915, after being renowned as the University of British Columbia, it has become the world-leading center in terms of education and research, with its outstanding and innovative form of teaching, nurturing, and inspiring the students. The University of British Columbia, Canada, has two major campuses in Vancouver and Okanagan

The University of British Columbia is a global center for teaching, learning, and research, consistently ranked among the top 20 public universities in the world. Having more than 80 training sites across British Columbia for medical students, the University is also known as the center of clinical education and research. 

Australia's prominent University of Queensland (UQ) is a research-heavy university. UQ, which was founded in 1909, is well known for its dedication to excellence in learning, engagement, and research. It constantly ranks as one of the best universities in the world and provides a wide selection of undergraduate and graduate programs in a variety of subject areas. Students benefit from a dynamic learning environment because of UQ's bustling campus, cutting-edge facilities, and global connections. With a strong emphasis on innovation and impact, UQ makes a substantial contribution to the advancement of science, technology, the arts, and the social sciences, making it a top choice for students looking for a top-notch education and chances for intellectual development.

University of Queensland Australia Highlight 

Australian institution The University of Queensland (UQ) is renowned throughout the world for its academic excellence, research influence, and active campus life. UQ, which has a long history stretching back to 1909, provides a vast array of undergraduate and graduate programs in a variety of subjects. It stands out on the global stage due to its dedication to innovation, world-class research, and providing a supportive learning environment. The UQ campus is home to state-of-the-art facilities, cutting-edge research facilities, and a vibrant community. With graduates who are prepared to succeed in their chosen industries, UQ, a global leader in education and research, continues to influence the future.

Eastern Illinois University (EIU) is a public university located in Charleston, United States of America (USA), offering over 80 undergraduate and postgraduate courses in business, arts, science, humanities, and education. Students are guided by a faculty known for their excellence in teaching, creative activity, research, and free and rigorous inquiry. Eastern Illinois University is consistently ranked amongst the top third Midwest universities by US News and World Report, thereby earning its reputation of offering a wide variety of bachelor’s and master’s degree programs. The university has a mission to enrich the social, educational, cultural, and personal development of the students by offering exhilarating co-curricular experiences

Leading Australian public research university Monash University is located in Melbourne. Since its founding in 1958, the school has expanded to become a vibrant and multifaceted one with campuses in Australia, Malaysia, China, India, and Italy. Monash University has 10 faculties, including Arts, Business and Economics, Education, Engineering, Information Technology, Law, Medicine, Nursing and Health Sciences, Pharmacy, Pharmaceutical Sciences, and Science. 

The University of Bristol is a public red brick university in Bristol, United Kingdom. It is known for its academic and research excellence, ranking 61 in the QS World University Rankings list for 2023. The University was established as the University College Bristol in 1876, the first to admit women on an equal merit basis as men. 

The college continued operations till 1909 as the precursor to the current institution. The origins of the university lay in the efforts made by Clifton College headmaster John Percival to set up such an institution. It has accreditation from several bodies, including the Royal Statistical Society, AVMA, RCVS, and EAEVE. The institution had 29,356 students as of 2020-21. 

The main campus of the University lies at Clifton, while it's Richmond Building is a stroll away from the same. There are several research institutions at the University, including the Bristol BioDesign Institute, Bristol Quantum Information Institute, Bristol Population Health Science Institute, Migration Mobilities Bristol, Brigstow Institute, Jean Golding Institute, Elizabeth Blackwell Institute for Health Research, and many others. 

There are 200+ degree courses available for students at the institution. The institution also has 25 academic schools and six faculties in total. Some of the top academic centers are dedicated to disciplines like arts, philosophy, music, films and television, anthropology and archaeology, humanities, theatre, English, aerospace engineering, computer science, civil engineering, health and life sciences, and social sciences and law. 

Famous alumni at the institution include Nobel Prize winner and physicist Paul Dirac; author-economist-journalist-administrator Will Hutton; journalist Sarah Montague; author Deborah Moggach OBE; equestrian and Olympic medal winner Laura Tomlinson; rugby player and World Cup winner Josh Lewsey MBE;  and actor Will Poulter. 

The institution has several industry connections, linking with numerous employers, right from smaller business entities to global companies. There are several other activities like networking events, career fairs, workshops, and mentorship programs for student entrepreneurs. Students get assistance in finding and choosing career pathways, preparing for job applications and interviews, and creating resumes. They also get help finding part-time work opportunities, volunteering programs, and internships. They can also find jobs after graduating and support for their start-up aspirations. Students also get assistance with choosing and applying for further study programs. 

The University of Warwick in the UK was founded in 1965 after receiving its Royal Charter of Incorporation. The University of Warwick got approval in 1961 from the government and has four campuses: Central Campus, Lakeside & Cryfield, Westwood & Science Park, and Gibbet Hill Campus.

The City and County together worked to make a 400-acre university campus a reality. It has 29 departments and 50+ research centers and institutions across the Science, Arts, Medicine, Entertainment, and Social Sciences faculties. It is a public research institution.

The University of Warwick's ranking is #106 (globally) for 2024 as per the Times Higher Education (THE) world university rankings tally and #20 in the UK. It is also ranked at #172 in the list of global universities according to US News rankings.

The University of Illinois Urbana-Champaign is a public land-grant research university in Illinois in the twin cities of Champaign and Urbana. It is the flagship institution of the University of Illinois system. This university is one of the largest public universities by enrollment in the country. The former names of the university are Illinois Industrial University and the University of Illinois. The motto of this university is ' Learning and Labor' and it is a public land-grant research university. The parent institution of this university is the University of Illinois System. The academic affiliations are AAU, URA, Sea-grant and Space-grant. This university offers undergraduate, postgraduate and many certification programmes. It is located at Urbana and Champaign in Illinois, US. The newspaper of this university is The Daily Illini and the colours are orange and blue. The nickname of this university is Fighting Illini and the sporting affiliations are NCAA Division I FBS- Big Ten. This university is a member of the Association of American Universities. The university contains 16 schools and colleges and holds 651 buildings with educational and administration buildings. The mission of this university enhances the lives of citizens in Illinois across the nation and around the world through our leadership in learning, engagement, discovery and economic development. 

The University of Western Australia (UWA) is a world top 100 university, ranking 85th in the world in the highly respected  Academic Ranking of World Universities 2022 and 93rd in the world in the QS World University Rankings 2022.

UWA offers a n innovative course structure allowing students the flexibility to design courses to meet their needs and develop skills to increase their employment and education prospects. More than 25,000 students are enrolled at UWA from more than 100 countries, including over 5,000 international students.

UWA delivers world-class research and continues to attract the world’s brightest minds.  The University is a member of the Group of Eight (a partnership of Australia’s leading research-intensive universities), the Worldwide Universities Network and the Matariki Network of Universities.

UWA has a strong connection to industry and government and contributes to communities both locally and internationally. As the founder of the Perth Festival (the first of its kind in the southern hemisphere), UWA is part of Perth’s dynamic cultural scene and its campus is home to numerous galleries, museums and theatres.

Durham University is a public university in the United Kingdom. The university was established through an Act of Parliament in 1832. Further, in 1837, this public research university was incorporated by the Royal Charter.

Since then, the University and its 17 colleges have strived to put out world-leading research and ensure the highest degree of academic excellence. As such, it offers its students the means and measures to build up incredible skills for their careers like communication, team-working, leadership, and problem-solving.

The university is situated in North-east England, in the picturesque city of Durham. The exact location is:

The Palatine Centre, Durham University, Stockton Road, Durham DH1 3LE

QS World University Rankings 2022 ranked Durham University at the 82nd spot. Additionally, 9 of its subjects are ranked in the top 50 QS World University Ranking.