Master’s Degrees in Management Sciences & Quantitative Methods
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Education Levels of Management Science Majors
During the 2018-2019 academic year, 12,583 students earned their master's degree in management science. This earns it the #3 spot on the list of the most popular master's degree programs in the nation.
The following table shows the number of diplomas awarded in management science at each degree level.
| Education Level | Number of Grads |
|---|---|
| Master’s Degree | 12,583 |
| Bachelor’s Degree | 8,738 |
| Graduate Certificate | 1,451 |
| Basic Certificate | 715 |
| Doctor’s Degree | 102 |
| Associate’s Degree | 81 |
| Undergraduate Certificate | 68 |
Earnings of Management Science Majors With Master’s Degrees
The median salary for graduates holding a master's degree in management science is $83,800. This number may vary for a lot of reasons. For instance, you may decide to move to a location where people with your degree are rare and make more money.
A better approximation of salary is to look at the typical range of salaries. In this case the low is $72,550 and the high is $94,400.
Student Debt
The median student debt for graduates holding a master's degree in management science is $37,817. The school you go to and how long it takes you to graduate, among other things, can cause this number to vary.
The chart below shows the range of accumulated debt loads. On the high side of the range, $42,871 is the debt load, and the debt load on the low side is $31,216.
Those students who are paying back their debt on a 10-year repayment plan have a median monthly payment of $440.
Student Diversity
More men than women pursue master's degrees in management science. About 54.6% of graduates in this field are male.
| Gender | Number of Grads |
|---|---|
| Men | 6,870 |
| Women | 5,713 |
The racial-ethnic distribution of management science master’s degree students is as follows:
| Race/Ethnicity | Number of Grads |
|---|---|
| Asian | 864 |
| Black or African American | 394 |
| Hispanic or Latino | 463 |
| White | 2,987 |
| International Students | 7,399 |
| Other Races/Ethnicities | 476 |
Most Popular Management Science Programs for Master’s Degrees
There are 224 colleges that offer a master’s degree in management science. Learn more about the most popular 20 below:
The most popular school in the United States for management science students seekinga master's degree is The University of Texas at Dallas. Roughly 28,700 attend the school each year. The average in-state tuition for full-time undergraduates is $13,442 per year, while in-state graduate students, on average, pay $13,874 per year.
For the 2018-2019 academic year, 784 master's degrees were handed out to management science majors at UT Dallas. Around 9% of these students were from an underrepresented racial-ethnic group, and 40% were women.
Northeastern University Professional Advancement Network is the 2nd most popular school in the nation for students seeking a master's degree in management science. Each year, around 11,900 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $29,298 per year, while in-state graduate students, on average, pay $24,933 per year.
During the 2018-2019 academic year, 449 people received their master's degree in management science from Northeastern University Professional Advancement Network. About 50% of this group were women, and 8% were students from an underrepresented racial-ethnic group.
University of Illinois at Urbana-Champaign comes in at #3 on our list of the most popular colleges offering master's degrees in management science. Each year, around 49,700 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $14,188 per year, while in-state graduate students, on average, pay $14,997 per year.
For the 2018-2019 academic year, 410 master's degrees were handed out to management science majors at UIUC. Of these students, 65% were women and 16% were members of underrepresented racial-ethnic groups.
University of Rochester is the 4th most popular school in the nation for students seeking a master's degree in management science. Roughly 11,800 attend the school each year. The average in-state tuition for full-time undergraduates is $55,040 per year, while in-state graduate students, on average, pay $51,705 per year.
For the 2018-2019 academic year, 394 master's degrees were handed out to management science majors at University of Rochester. Around 9% of these students were from an underrepresented racial-ethnic group, and 53% were women.
Duke University is the 5th most popular school in the nation for students seeking a master's degree in management science. Each year, around 16,600 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $55,880 per year, while in-state graduate students, on average, pay $55,680 per year.
For the 2018-2019 academic year, 379 master's degrees were handed out to management science majors at Duke. Around 7% of these students were from an underrepresented racial-ethnic group, and 34% were women.
The 6th most popular school in the country for management science majors who are seeking their master's degree is Columbia University in the City of New York. Each year, around 31,000 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $57,763 per year, while in-state graduate students, on average, pay $47,600 per year.
During the 2018-2019 academic year, 373 people received their master's degree in management science from Columbia. Of these students, 62% were women and 6% were members of underrepresented racial-ethnic groups.
Northwestern University comes in at #7 on our list of the most popular colleges offering master's degrees in management science. Roughly 22,100 attend the school each year. The average in-state tuition for full-time undergraduates is $56,232 per year, while in-state graduate students, on average, pay $56,067 per year.
For the 2018-2019 academic year, 364 master's degrees were handed out to management science majors at Northwestern. About 29% of this group were women, and 29% were students from an underrepresented racial-ethnic group.
Fordham University comes in at #8 on our list of the most popular colleges offering master's degrees in management science. Each year, around 16,500 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $52,980 per year, while in-state graduate students, on average, pay $34,608 per year.
For the 2018-2019 academic year, 322 master's degrees were handed out to management science majors at Fordham U. Of these students, 55% were women and 2% were members of underrepresented racial-ethnic groups.
University of Pennsylvania is the 9th most popular school in the nation for students seeking a master's degree in management science. Each year, around 25,800 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $51,156 per year, while in-state graduate students, on average, pay $36,254 per year.
During the 2018-2019 academic year, 292 people received their master's degree in management science from UPenn. Around 20% of these students were from an underrepresented racial-ethnic group, and 51% were women.
Harrisburg University of Science and Technology is the 10th most popular school in the nation for students seeking a master's degree in management science. Roughly 4,800 attend the school each year. The average in-state tuition for full-time undergraduates is $23,900 per year, while in-state graduate students, on average, pay $7,200 per year.
The management science program at Harrisburg University of Science and Technology awarded 275 master's degrees during the 2018-2019 school year. Of these students, 45% were women and 1% were members of underrepresented racial-ethnic groups.
The 11th most popular school in the country for management science majors who are seeking their master's degree is University of Connecticut. Roughly 27,400 attend the school each year. The average in-state tuition for full-time undergraduates is $13,798 per year, while in-state graduate students, on average, pay $16,300 per year.
During the 2018-2019 academic year, 231 people received their master's degree in management science from UCONN. Around 7% of these students were from an underrepresented racial-ethnic group, and 46% were women.
Arizona State University - Tempe comes in at #12 on our list of the most popular colleges offering master's degrees in management science. Roughly 51,500 attend the school each year. The average in-state tuition for full-time undergraduates is $10,710 per year, while in-state graduate students, on average, pay $11,720 per year.
For the 2018-2019 academic year, 212 master's degrees were handed out to management science majors at ASU - Tempe. Around 6% of these students were from an underrepresented racial-ethnic group, and 47% were women.
Pennsylvania State University - World Campus comes in at #13 on our list of the most popular colleges offering master's degrees in management science. Roughly 14,400 attend the school each year. The average in-state tuition for full-time undergraduates is $13,484 per year, while in-state graduate students, on average, pay $21,682 per year.
For the 2018-2019 academic year, 208 master's degrees were handed out to management science majors at Penn State World Campus. Of these students, 19% were women and 22% were members of underrepresented racial-ethnic groups.
The 14th most popular school in the country for management science majors who are seeking their master's degree is University of Southern California. Roughly 47,300 attend the school each year. The average in-state tuition for full-time undergraduates is $57,256 per year, while in-state graduate students, on average, pay $46,272 per year.
The management science program at University of Southern California awarded 200 master's degrees during the 2018-2019 school year. Around 24% of these students were from an underrepresented racial-ethnic group, and 57% were women.
Hult International Business School comes in at #15 on our list of the most popular colleges offering master's degrees in management science. Roughly 3,000 attend the school each year. The average in-state tuition for full-time undergraduates is $38,458 per year, while in-state graduate students, on average, pay $43,307 per year.
During the 2018-2019 academic year, 197 people received their master's degree in management science from Hult International Business School. About 41% of this group were women, and 1% were students from an underrepresented racial-ethnic group.
Purdue University - Main Campus comes in at #16 on our list of the most popular colleges offering master's degrees in management science. Each year, around 44,400 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $9,208 per year, while in-state graduate students, on average, pay $9,208 per year.
During the 2018-2019 academic year, 186 people received their master's degree in management science from Purdue. Around 3% of these students were from an underrepresented racial-ethnic group, and 39% were women.
Boston University is the 17th most popular school in the nation for students seeking a master's degree in management science. Roughly 34,600 attend the school each year. The average in-state tuition for full-time undergraduates is $54,720 per year, while in-state graduate students, on average, pay $54,720 per year.
During the 2018-2019 academic year, 177 people received their master's degree in management science from Boston U. Of these students, 49% were women and 19% were members of underrepresented racial-ethnic groups.
The University of Texas at Austin is the 18th most popular school in the nation for students seeking a master's degree in management science. Roughly 51,800 attend the school each year. The average in-state tuition for full-time undergraduates is $10,824 per year, while in-state graduate students, on average, pay $11,998 per year.
For the 2018-2019 academic year, 175 master's degrees were handed out to management science majors at UT Austin. Of these students, 46% were women and 37% were members of underrepresented racial-ethnic groups.
Saint Joseph's University comes in at #19 on our list of the most popular colleges offering master's degrees in management science. Roughly 7,500 attend the school each year. The average in-state tuition for full-time undergraduates is $46,350 per year, while in-state graduate students, on average, pay $17,334 per year.
During the 2018-2019 academic year, 174 people received their master's degree in management science from St. Joe's. Around 22% of these students were from an underrepresented racial-ethnic group, and 39% were women.
Bentley University is the 20th most popular school in the nation for students seeking a master's degree in management science. Each year, around 5,400 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $50,060 per year, while in-state graduate students, on average, pay $38,400 per year.
The management science program at Bentley University awarded 163 master's degrees during the 2018-2019 school year. About 67% of this group were women, and 5% were students from an underrepresented racial-ethnic group.
Management Science Focus Areas
| Major | Annual Degrees Awarded |
|---|---|
| Management Science | 5,254 |
| Other Management Sciences & Methods | 5,088 |
| Business Statistics | 1,809 |
| Actuarial Science | 432 |
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Related Majors
Below are some popular majors that are similar to management science that offer master’s degrees.
| Major | Annual Degrees Awarded |
|---|---|
| Business Administration & Management | 128,188 |
| Accounting | 20,770 |
| Business & Commerce | 9,486 |
| Human Resource Management | 8,943 |
| Finance & Financial Management | 5,579 |
References
*The racial-ethnic minority student count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the percentage of racial-ethnic minorities.
- College Factual
- National Center for Education Statistics
- O*NET Online
- Bureau of Labor Statistics
- Image Credit: By в±® under License
More about our data sources and methodologies.
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