Master’s Degrees in Management Sciences & Quantitative Methods
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Education Levels of Management Science Majors
During the most recent year for which data is available, 33,777 people earned their master's degree in management science. 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 | 33,777 |
| Graduate Certificate | 2,056 |
| Doctor’s Degree | 206 |
Earnings of Management Science Majors With Master’s Degrees
The median salary for graduates holding a master's degree in management science is $81,423. 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 $74,442 to a high of $92,247.
Student Debt
The median student debt for graduates holding a master's degree in management science is $38,957. 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, $45,582 is the debt load, and the debt load on the low side is $30,750.
Student Diversity
More men than women pursue master's degrees in management science. About 56.9% of graduates in this field are male.
| Gender | Number of Grads |
|---|---|
| Men | 19,233 |
| Women | 14,544 |
The racial-ethnic distribution of management science master’s degree students is as follows:
| Race/Ethnicity | Number of Grads |
|---|---|
| Asian | 3,994 |
| Black or African American | 1,368 |
| Hispanic or Latino | 2,055 |
| White | 11,649 |
| International Students | 13,171 |
| Other Races/Ethnicities | 1,540 |
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 $62,391 per year, while in-state graduate students, on average, pay $51,869 per year. During the most recent year for which we have data, 1,785 people received their master's degree in management science from Northwestern. Around 27% of these students were from an underrepresented racial-ethnic group, and 36% were women.
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 $61,989 per year, while in-state graduate students, on average, pay $52,016 per year. During the most recent year for which we have data, 1,592 people received their master's degree in management science from Columbia. Around 19% of these students were from an underrepresented racial-ethnic group, and 47% were women.
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 $61,179 per year, while in-state graduate students, on average, pay $65,145 per year. During the most recent year for which we have data, 1,027 people received their master's degree in management science from UChicago. Of these students, 32% were women and 27% were members of underrepresented racial-ethnic groups.
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 $11,564 per year, while in-state graduate students, on average, pay $11,700 per year. During the most recent year for which we have data, 857 people received their master's degree in management science from UCLA. Of these students, 37% were women and 41% were members of underrepresented racial-ethnic groups.
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 $55,384 per year, while in-state graduate students, on average, pay $37,332 per year. During the most recent year for which we have data, 744 people received their master's degree in management science from NYU. About 41% of this group were women, and 30% were students from an underrepresented racial-ethnic group.
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 most recent year for which we have data, 697 people received their master's degree in management science from UNC Chapel Hill. Around 24% of these students were from an underrepresented racial-ethnic group, and 33% 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 $14,064 per year. During the most recent year for which we have data, 685 people received their master's degree in management science from Georgia Tech. About 28% of this group were women, and 31% were students from an underrepresented racial-ethnic group.
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 most recent year for which we have data, 673 people received their master's degree in management science from UT Dallas. Around 25% of these students were from an underrepresented racial-ethnic group, and 45% were women.
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 $57,590 per year, while in-state graduate students, on average, pay $57,590 per year. During the most recent year for which we have data, 659 people received their master's degree in management science from MIT. Around 24% of these students were from an underrepresented racial-ethnic group, and 35% were women.
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 $60,480 per year, while in-state graduate students, on average, pay $60,480 per year. During the most recent year for which we have data, 614 people received their master's degree in management science from Johns Hopkins. Around 3% of these students were from an underrepresented racial-ethnic group, and 62% were women.
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 $11,564 per year, while in-state graduate students, on average, pay $11,700 per year. During the most recent year for which we have data, 595 people received their master's degree in management science from UC Berkeley. Of these students, 38% were women and 41% were members of underrepresented racial-ethnic groups.
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 $63,468 per year, while in-state graduate students, on average, pay $63,468 per year. During the most recent year for which we have data, 592 people received their master's degree in management science from USC. About 53% of this group were women, and 31% were students from an underrepresented racial-ethnic group.
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 $10,978 per year, while in-state graduate students, on average, pay $12,014 per year. During the most recent year for which we have data, 562 people received their master's degree in management science from ASU - Tempe. Of these students, 42% were women and 21% 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 Rochester. Roughly 11,700 attend the school each year. The average in-state tuition for full-time undergraduates is $60,550 per year, while in-state graduate students, on average, pay $41,888 per year. During the most recent year for which we have data, 529 people received their master's degree in management science from University of Rochester. Of these students, 49% were women and 11% 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 $54,100 per year, while in-state graduate students, on average, pay $51,634 per year. During the most recent year for which we have data, 439 people received their master's degree in management science from Rice. Of these students, 29% were women and 43% 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 $14,542 per year, while in-state graduate students, on average, pay $14,891 per year. During the most recent year for which we have data, 429 people received their master's degree in management science from UIUC. Around 27% of these students were from an underrepresented racial-ethnic group, and 51% 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 $55,012 per year, while in-state graduate students, on average, pay $31,590 per year. During the most recent year for which we have data, 422 people received their master's degree in management science from SMU. Of these students, 41% were women and 29% were members of underrepresented racial-ethnic groups.
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 $57,693 per year, while in-state graduate students, on average, pay $56,487 per year. During the most recent year for which we have data, 400 people received their master's degree in management science from Stanford. About 44% of this group were women, and 32% were students from an underrepresented racial-ethnic group.
The 20th most popular school in the country for management science majors who are seeking their master's degree is Duke University. Each year, around 16,100 students seeking various degrees attend the university. The average in-state tuition for full-time undergraduates is $60,435 per year, while in-state graduate students, on average, pay $60,220 per year. During the most recent year for which we have data, 380 people received their master's degree in management science from Duke. Of these students, 45% were women and 21% were members of underrepresented racial-ethnic groups.
Management Science Focus Areas
| Major | Annual Degrees Awarded |
|---|---|
| 17,084 | |
| 13,189 | |
| 3,143 | |
| 361 |
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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 |
|---|---|
| 122,917 | |
| 122,917 | |
| 17,155 | |
| 9,320 | |
| 9,125 |
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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