Master’s Degrees in Management Sciences & Quantitative Methods
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Education Levels of Management Science Majors
In 2020-2021, 29,299 master's degrees were awarded to management science majors. This earns it the #4 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 | 29,299 |
| Graduate Certificate | 2,275 |
| Doctor’s Degree | 127 |
Earnings of Management Science Majors With Master’s Degrees
The median salary for graduates holding a master's degree in management science is $81,246. 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. To get a better picture, earnings for this category of people can range from a low of $74,315 to a high of $91,549.
Student Debt
The data on debt ranges for management science majors who have their master's degree is not available.
Student Diversity
More men than women pursue master's degrees in management science. About 58.0% of graduates in this field are male.
| Gender | Number of Grads |
|---|---|
| Men | 16,992 |
| Women | 12,307 |
The racial-ethnic distribution of management science master’s degree students is as follows:
| Race/Ethnicity | Number of Grads |
|---|---|
| Asian | 3,047 |
| Black or African American | 1,030 |
| Hispanic or Latino | 1,426 |
| White | 9,706 |
| International Students | 12,748 |
| Other Races/Ethnicities | 1,342 |
Most Popular Management Science Programs for Master’s Degrees
There are 291 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 Northwestern University. Each year, around 22,600 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $60,276 per year, while in-state graduate students, on average, pay $56,067 per year. The management science program at Northwestern University awarded 1,785 master's degrees during the 2020-2021 school year. About 34% of this group were women, and 25% were students from an underrepresented racial-ethnic group.
The 2nd 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 30,100 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $59,450 per year, while in-state graduate students, on average, pay $50,496 per year. During the 2020-2021 academic year, 1,592 people received their master's degree in management science from Columbia. Of these students, 47% were women and 16% were members of underrepresented racial-ethnic groups.
University of Chicago is the 3rd most popular school in the nation for students seeking a master's degree in management science. Each year, around 17,800 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $59,256 per year, while in-state graduate students, on average, pay $62,640 per year. For the 2020-2021 academic year, 1,027 master's degrees were handed out to management science majors at UChicago. Around 26% of these students were from an underrepresented racial-ethnic group, and 33% were women.
University of California - Los Angeles comes in at #4 on our list of the most popular colleges offering master's degrees in management science. Each year, around 44,500 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $11,442 per year, while in-state graduate students, on average, pay $11,442 per year. The management science program at University of California - Los Angeles awarded 857 master's degrees during the 2020-2021 school year. Around 35% of these students were from an underrepresented racial-ethnic group, and 33% were women.
The 5th most popular school in the country for management science majors who are seeking their master's degree is New York University. Roughly 52,700 attend the school each year. The average in-state tuition for full-time undergraduates is $53,770 per year, while in-state graduate students, on average, pay $35,982 per year. During the 2020-2021 academic year, 744 people received their master's degree in management science from NYU. Around 26% of these students were from an underrepresented racial-ethnic group, and 40% were women.
The 6th most popular school in the country for management science majors who are seeking their master's degree is University of North Carolina at Chapel Hill. Roughly 30,000 attend the school each year. The average in-state tuition for full-time undergraduates is $7,019 per year, while in-state graduate students, on average, pay $10,552 per year. During the 2020-2021 academic year, 697 people received their master's degree in management science from UNC Chapel Hill. Around 23% of these students were from an underrepresented racial-ethnic group, and 29% were women.
The 7th most popular school in the country for management science majors who are seeking their master's degree is Georgia Institute of Technology - Main Campus. Roughly 39,700 attend the school each year. The average in-state tuition for full-time undergraduates is $10,258 per year, while in-state graduate students, on average, pay $14,570 per year. The management science program at Georgia Institute of Technology - Main Campus awarded 685 master's degrees during the 2020-2021 school year. Of these students, 27% were women and 28% were members of underrepresented racial-ethnic groups.
The University of Texas at Dallas is the 8th most popular school in the nation for students seeking a master's degree in management science. Each year, around 28,600 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $14,564 per year, while in-state graduate students, on average, pay $15,088 per year. During the 2020-2021 academic year, 673 people received their master's degree in management science from UT Dallas. Of these students, 41% were women and 13% were members of underrepresented racial-ethnic groups.
Massachusetts Institute of Technology comes in at #9 on our list of the most popular colleges offering master's degrees in management science. Each year, around 11,200 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $55,510 per year, while in-state graduate students, on average, pay $55,510 per year. The management science program at Massachusetts Institute of Technology awarded 659 master's degrees during the 2020-2021 school year. Of these students, 37% were women and 22% were members of underrepresented racial-ethnic groups.
The 10th most popular school in the country for management science majors who are seeking their master's degree is Johns Hopkins University. Roughly 28,800 attend the school each year. The average in-state tuition for full-time undergraduates is $58,720 per year, while in-state graduate students, on average, pay $58,720 per year. The management science program at Johns Hopkins University awarded 614 master's degrees during the 2020-2021 school year. Of these students, 63% were women and 2% were members of underrepresented racial-ethnic groups.
University of California - Berkeley comes in at #11 on our list of the most popular colleges offering master's degrees in management science. Each year, around 42,300 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $11,442 per year, while in-state graduate students, on average, pay $11,442 per year. The management science program at University of California - Berkeley awarded 595 master's degrees during the 2020-2021 school year. About 34% of this group were women, and 33% were students from an underrepresented racial-ethnic group.
The 12th most popular school in the country for management science majors who are seeking their master's degree is University of Southern California. Roughly 46,200 attend the school each year. The average in-state tuition for full-time undergraduates is $60,446 per year, while in-state graduate students, on average, pay $60,446 per year. During the 2020-2021 academic year, 592 people received their master's degree in management science from USC. Around 28% of these students were from an underrepresented racial-ethnic group, and 51% were women.
Arizona State University - Tempe comes in at #13 on our list of the most popular colleges offering master's degrees in management science. Roughly 74,700 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. The management science program at Arizona State University - Tempe awarded 562 master's degrees during the 2020-2021 school year. About 38% of this group were women, and 25% were students from an underrepresented racial-ethnic group.
The 14th most popular school in the country for management science majors who are seeking their master's degree is University of Rochester. Roughly 11,700 attend the school each year. The average in-state tuition for full-time undergraduates is $58,276 per year, while in-state graduate students, on average, pay $46,779 per year. For the 2020-2021 academic year, 529 master's degrees were handed out to management science majors at University of Rochester. About 59% of this group were women, and 7% were students from an underrepresented racial-ethnic group.
Hult International Business School is the 15th most popular school in the nation for students seeking a master's degree in management science. Roughly 1,800 attend the school each year. The average in-state tuition for full-time undergraduates is $43,514 per year, while in-state graduate students, on average, pay $43,027 per year. During the 2020-2021 academic year, 505 people received their master's degree in management science from Hult International Business School. Of these students, 41% were women and 4% were members of underrepresented racial-ethnic groups.
The 16th most popular school in the country for management science majors who are seeking their master's degree is Rice University. Roughly 7,600 attend the school each year. The average in-state tuition for full-time undergraduates is $52,070 per year, while in-state graduate students, on average, pay $49,279 per year. During the 2020-2021 academic year, 439 people received their master's degree in management science from Rice. Of these students, 31% were women and 37% were members of underrepresented racial-ethnic groups.
University of Illinois at Urbana-Champaign comes in at #17 on our list of the most popular colleges offering master's degrees in management science. Roughly 52,600 attend the school each year. The average in-state tuition for full-time undergraduates is $14,446 per year, while in-state graduate students, on average, pay $14,635 per year. During the 2020-2021 academic year, 429 people received their master's degree in management science from UIUC. Around 28% of these students were from an underrepresented racial-ethnic group, and 50% were women.
Southern Methodist University is the 18th most popular school in the nation for students seeking a master's degree in management science. Each year, around 12,300 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $53,464 per year, while in-state graduate students, on average, pay $30,672 per year. During the 2020-2021 academic year, 422 people received their master's degree in management science from SMU. Around 27% of these students were from an underrepresented racial-ethnic group, and 37% were women.
Stanford University comes in at #19 on our list of the most popular colleges offering master's degrees in management science. Roughly 15,900 attend the school each year. The average in-state tuition for full-time undergraduates is $55,473 per year, while in-state graduate students, on average, pay $54,315 per year. For the 2020-2021 academic year, 400 master's degrees were handed out to management science majors at Stanford. Of these students, 47% were women and 28% were members of underrepresented racial-ethnic groups.
The 20th most popular school in the country for management science majors who are seeking their master's degree is Northeastern University Professional Advancement Network. Each year, around 11,300 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $12,984 per year, while in-state graduate students, on average, pay $22,866 per year. For the 2020-2021 academic year, 380 master's degrees were handed out to management science majors at Northeastern University Professional Advancement Network. Of these students, 49% were women and 9% were members of underrepresented racial-ethnic groups.
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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 | 122,843 |
| Accounting | 18,187 |
| Human Resource Management | 9,750 |
| Business & Commerce | 8,488 |
| Finance & Financial Management | 4,544 |
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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