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How to Get into the Best Colleges for Economics

December 15, 2023

A single U.S. dollar bill standing upright against a white brick wall with a reflective surfaceA single U.S. dollar bill standing upright against a white brick wall with a reflective surface

Gaining admission into the top economics programs requires a blend of academic prowess, strategic preparation, and a passion for the subject. For high school students aspiring to study economics at Ivies and other top colleges, it’s crucial to start planning for college early and focus on building a strong application that showcases your interest and capabilities in the field.

Below we’ve outlined some preliminary tips that will help set you up for admissions success to some of the most prestigious economic programs in the world including Harvard University, Stanford University, MIT, and more.

  • Excel Academically: Achieve high grades, particularly in mathematics and economics-related courses, to demonstrate your readiness for rigorous college-level work. Advanced Placement or International Baccalaureate courses in economics, calculus, and statistics can be particularly beneficial. Are you feeling like your current grades aren’t where they should be? Read our starter tips for how you can start getting better grades in high school. You can also read our blog post on how to write a better essay in response to the DBQ in your AP exam. 
  • Engage in Relevant Extracurricular Activities: While extracurricular participation of any kind is crucial for a competitive college application, consider joining economics clubs, stock market simulation competitions, DECA, the National Economics Challege or other economics-related activities. Leadership roles or achievements in these groups can significantly bolster your application.
  • Pursue Field-Specific Internships or Volunteer Experiences: Gaining real-world experience through research internships or volunteering in economics-related non-profits will not only enhance your application but also provide valuable insights into the profession. Take advantage of your summers in high school to gain real-world economic experience and advance your candidacy. Remember that economics is about how different populations are affected by the economy and it is a very different field than finance.
  • Seek Meaningful Letters of Recommendation: Choose recommenders who know you well and can speak to your potential as an economics student. Teachers who have taught you in relevant subjects or supervisors from relevant internships can provide impactful insights that are extremely valuable to college admissions officers.
  • Service and Leadership: Having significant community service experiences where you learn about economics will be crucial for your applications. There are countless organizations that are dedicated to helping different populations with economic equity where you could gain important experiences. Additionally, it is crucial to show that you are a leader in your school community as well as in your community as a whole.
  • Your Essays and Application: Since there are way too many students applying as economics majors, it is even more crucial that your essays stand out. Each school is going to have its own supplemental essays in addition to the Common App essay. It is in these materials that you can differentiate yourself from other applicants and tell your story about who you are and why you deserve a spot as an economics student at these top colleges.

Concluding Thoughts

It’s not just about getting into a top college for economics; it’s about preparing yourself for a successful career in the field. By following these steps and demonstrating a genuine interest and aptitude in economics, you’ll position yourself as a competitive candidate for the best economics programs. Getting guidance from an experienced professional in the field can greatly alleviate the daunting aspects of the college application process. At Spark Admissions, our extremely experienced team of full-time college admissions consultants possesses the refined expertise essential for maximizing your prospects amidst today’s fiercely competitive admissions scene. Contact us today to schedule a complimentary consultation to learn how we can assist you in getting admitted into an Ivy League or other top-tier undergraduate economics programs.

About The Author
Dr. Rachel Rubin is the co-founder of Spark Admissions and holds a doctorate from Harvard University, where she was a Presidential Scholar. A former university faculty member and high school teacher, she understands the needs of adolescents and excels in guiding them through the admissions process, from identifying best-fit colleges to refining application essays. A U.S. Presidential Scholar and member of the Independent Educational Consultants Association, Dr. Rubin has helped thousands of students gain acceptance to their top-choice schools.