Bachelor of Science [B.S] (Economics)
Field of Study:
$42,053 /Yr
UMD B.S Economics is a 4 years Full Time Bachelor program. This program is offered On Campus. The first year fees for B.S Economics at UMD is ₹ 37.33 Lakhs (USD 42053).
For admission to B.S Economics at UMD, international students need Duolingo-120. For more details, check UMD Admissions 2025
Based on the student reviews at Collegedunia, the B.S Economics program at UMD has received an average rating of 8.0 out of 10 from 1 review(s).
UMD B.S Economics Total Fees 2025
The tuition fee for B.S Economics at UMD is USD 42053 per year (₹ 37.33 Lakhs). Meanwhile, the total cost is USD 44503/Year (₹ 39.5 Lakhs). This includes the tuition fee and other expenses such as Living Cost, Books & Supplies, Health Insurance, etc.
The tuition fee for B.S Economics at University of Maryland is as follows:
| Expense Type | Average Cost (INR) | Equivalent (USD) |
|---|---|---|
| Tuition Fee | ₹ 37.33 Lakhs | USD 42053 |
The other expenses for B.S Economics at University of Maryland is as follows:
| Expense Type | Average Cost (INR) | Equivalent (USD) |
|---|---|---|
| Books and supply | ₹ 1.11 Lakhs | USD 1250 |
| Miscellaneous expenses | ₹ 1.07 Lakhs | USD 1200 |
| Total Cost | ₹ 2.17 Lakhs | USD 2450 |
B.S Economics at UMD Admission 2025
To be eligible for admission to B.S Economics at UMD, applicants must meet specific academic and language requirements.
Academic Eligibility:
- Students must have an official secondary school transcript to get admission.
- Students are required to maintain at least a 2.7 overall GPA.
Language Requirments:
- Students whose official language is not English are required to submit IELTS or TOEFL scores.
- Students are required to submit an SAT or ACT score to be considered for admission.
International students who currently or will hold a degree from an institution where English is the primary language of instruction, do not need to submit a TOEFL or IELTS score report.
UMD B.S Economics Application Link
UMD B.S Economics Application Link; Apply Here
B.S Economics at UMD Admission Requirements
For admission to B.S Economics, UMD accepts TOEFL, IELTS, SAT, PTE, Duolingo exam. The average scores among admitted students are typically around: 95 in TOEFL, 7 in IELTS, 1280 in SAT, 68 in PTE, 120 in Duolingo.
B.S in Economics Fee Comparison
The fee comparison for similar programs like UMD B.S Economics are:
| University | Program | First Year Fees in USD | First Year Fees in INR |
|---|---|---|---|
| University of Maryland | B.S Letters and Sciences | USD 42,053 /Yr | INR 37.3 L/Yr |
| Purdue University | B.S Agricultural Economics: Quantitative Analysis | USD 31,104 /Yr | INR 27.6 L/Yr |
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $42053 |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Books and supply | $1250 |
| Miscellaneous expenses | $1200 |
Reviews
24 Reviews Found
Likes
- Huge campus size enables meeting more people
- Extracurricular opportunities including student clubs and legislature
- Proximity to Washington D.C.
Dislikes
- Unpredictable weather in the DMV area is not for everyone
- More focus on Big 4 recruitment instead of investment banks
- Smaller alumni base in high-finance role, but it is getting better as newer classes are breaking into these industries
Course Curriculum
- The courses in economics are made to be challenging, with heavy focus on calculus and statistics. Programs such as Stata, R, and Python are routinely used as part of the curriculum, and there are assignments that require students to demonstrate proficiency in these softwares. Finance, on the other hand, is easier compared to economics. Most tests are a blend of theory and numerical questions, with hands-on experience in Bloomberg Terminal provided.
- The positive aspects of economics and finance would be that it provides real-world experience demanded by companies. Paired with the clubs and organizations on campus, it prepares people better for real-world cases in the job force. In my personal opinion, teaching economic theory is a little outdated but I can understand why it is essential to know the past which shapes the present and the future.
Fees
- Fees are charged in a mix of credit-based and semester-wise basis. Taking lower than 12 credits makes a student part-time, while there is a flat rate for 12+ credits. According to the Undergraduate Tuition & Fees website, the total tuition and mandatory fees for a semester total to $20,593. The mandatory fees include the costs of athletics, shuttle bus, student union, student activities, recreation services, student sustainability, and student counseling center. If enrolled in a Limited Enrollment Program (LEP) such as Business, Engineering, and Computer Science, students pay an additional $1,545.30, bringing the total fees per semester to $22,138.30.
- Monthly expenses are highly variable as it is contingent on standards of living that a student wishes to maintain. Rent ranges from $650-1400 per month depending on whether you have a shared room or a personal room and the total number of bedrooms in the apartment. Additionally, spending time with friends, going to DC, and going on dates could cost higher. If you are living on campus (which is mandatory as a freshman and optional and limited for later years), you are required to purchase a full dining plan, which currently costs $2,426.09 for a semester. There are also block meal options, allowing you to purchase 25, 50, 100, and 150 meals which cost lower. In my experience, I spend around $1000-1200 a month which included rent, utilities, meal plan, and miscellaneous expenses, which results in a total cost of $27,000 per semester. The cost of a flight to and back from India has not been included, which usually costs about $1600 for a round trip, again contingent on when the flight is being booked.
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Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
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| Go Clean Scholarship | Scholarship per student$ 3,500/Yr$3,500 | Level Of StudyBachelor | TypeMerit-Based | |
| Business Administration Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
| Novus Biological Scholarship Program | Scholarship per student$ 1,500/Yr$1,500 | Level Of StudyAssociate | TypeMerit-Based | |
| Washington DC Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
| TEC Scholarship | Scholarship per student$ 1,000/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
| BeArt Presets-Academic Scholarship | Scholarship per student$ 2,500/Yr$2,500 | Level Of StudyBachelor | TypeMerit-Based |
Similar Programs
| Program | Important Date | Total Fees | Median Exams Score | Action |
|---|---|---|---|---|
Application Deadline for Fall 2026 Intake (5th Dec 2025) | USD 42,053 /Yr |
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| USD 31,104 /Yr |
|
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