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Managerial Economics

Instructional content is defined in code 52.0601.

Types of Degrees Managerial Economics Majors Are Earning

Students pursuing Managerial Economics can earn degrees at several award levels.

Award Level	Graduates
Certificate	52
Associate’s Degree	37
Bachelor’s Degree	4,390
Master’s Degree	97
Doctor’s Degree	7

What Managerial Economics Majors Need to Know

Coursework for Managerial Economics emphasize a specific mix of knowledge, skills, and abilities — derived from O*NET surveys of workers in occupations that Managerial Economics graduates commonly enter.

Knowledge Areas

Coursework in Managerial Economics emphasizes the following knowledge areas:

• English Language — Importance 4.3 / 5; level 5.1 / 7.
• Mathematics — Importance 4.2 / 5; level 5.3 / 7.
• Education and Training — Importance 3.9 / 5; level 5.2 / 7.
• Economics and Accounting — Importance 3.9 / 5; level 4.5 / 7.
• Administration and Management — Importance 3.3 / 5; level 3.9 / 7.

^{Importance is rated 1–5; level is 1–7. Source: ONET Online — weighted across related occupations.*}

Skills

The skill set built by a Managerial Economics program reflects the day-to-day work of related occupations:

• Speaking — Importance 4.1 / 5; level 4.2 / 7.
• Reading Comprehension — Importance 4.1 / 5; level 4.3 / 7.
• Active Listening — Importance 4.0 / 5; level 4.1 / 7.
• Writing — Importance 4.0 / 5; level 4.1 / 7.
• Critical Thinking — Importance 4.0 / 5; level 4.2 / 7.

Abilities

Innate abilities most relevant to Managerial Economics careers — again drawn from O*NET surveys of related occupations:

• Oral Expression — Importance 4.1 / 5; level 4.9 / 7.
• Written Comprehension — Importance 4.1 / 5; level 4.7 / 7.
• Oral Comprehension — Importance 4.0 / 5; level 4.7 / 7.
• Written Expression — Importance 4.0 / 5; level 4.7 / 7.
• Speech Clarity — Importance 4.0 / 5; level 4.5 / 7.

Common Job Activities

Day-to-day, Managerial Economics graduates report doing:

Activity	Frequency / Importance
Getting Information	4.7 / 7
Working with Computers	4.3 / 7
Analyzing Data or Information	4.3 / 7
Updating and Using Relevant Knowledge	4.3 / 7
Interpreting the Meaning of Information for Others	4.2 / 7
Thinking Creatively	4.2 / 7
Training and Teaching Others	4.1 / 7
Identifying Objects, Actions, and Events	4.1 / 7
Processing Information	4.1 / 7
Making Decisions and Solving Problems	4.1 / 7

Technology Skills Used on the Job

Most frequently-cited tools used by Managerial Economics professionals:

Tool / Software	Category	In-Demand
Microsoft Access	Data base user interface and query software	—
Microsoft Excel	Spreadsheet software	✓
Python	Object or component oriented development software	✓
Microsoft PowerPoint	Presentation software	✓
Microsoft Word	Word processing software	✓
StataCorp Stata	Analytical or scientific software	✓
Web browser software	Internet browser software	—
Microsoft Office software	Office suite software	✓
The MathWorks MATLAB	Analytical or scientific software	—
Microsoft Outlook	Electronic mail software	✓
R	Object or component oriented development software	✓
Google Docs	Word processing software	—

^{Source: ONET Online technology skills, weighted across related occupations.*}

Sample Job Titles

Real job postings for Managerial Economics graduates include:

• Faculty Member
• Economics Adjunct Instructor
• Agricultural Economics Professor
• Adjunct Economics Instructor
• Industrial Economics Teacher
• Economics Instructor
• Labor Economics Professor
• Microeconomics Professor
• University Faculty Member
• Macroeconomics Professor
• Industrial Economics Professor
• Economic Adjunct Instructor
• Transportation Economics Teacher
• Agricultural Economics Teacher
• Accounting Lecturer

Education Typically Required

Across the occupations open to Managerial Economics graduates, the typical level of education actually held by current workers is distributed as:

Education Level	Share of Workers
Doctoral degree	49.2%
Bachelor’s degree	22.2%
Master’s degree	16.6%
Post-master’s certificate	5.7%
Some college courses	2.9%
Post-baccalaureate certificate	2.9%
Post-doctoral training	0.3%
First professional degree	0.2%

^{Source: ONET Online education / training / experience requirements.*}

Who Is Earning a Degree in Managerial Economics?

Gender Distribution

This field skews predominantly male, with men earning 68.5% of Managerial Economics degrees.

Gender	Graduates	Share
Women	1,445	31.5%
Men	3,138	68.5%

Racial-Ethnic Diversity

At the national level, the racial-ethnic distribution of Managerial Economics graduates is as follows:

Race / Ethnicity	Graduates	Share
White	2,442	53.3%
Asian	552	12.0%
Hispanic or Latino	590	12.9%
Black or African American	247	5.4%
American Indian / Alaska Native	9	0.2%
Native Hawaiian / Pacific Islander	5	0.1%
Two or More Races	189	4.1%
Race Unknown	89	1.9%
International Students	460	10.0%

^{See minority definition below.}

How Much Do Managerial Economics Graduates Earn?

College Scorecard reports median earnings of Managerial Economics graduates 1, 4, and 5 years after completion. Wages typically rise steadily as graduates gain experience and move into mid-career roles.

Years Out	Median Earnings
1 year	$52,230
4 years	$71,518
5 years	$83,767

By year 5 out, median earnings rise to $83,767 — roughly 60% above the 1-year mark.

^{Source: U.S. Department of Education College Scorecard, field-of-study earnings tracker.}

Online Managerial Economics Programs

Distance learning is reported by IPEDS for Managerial Economics. The table below shows how many graduates earned at least some of their coursework online (Distance-Ed Available) versus completing the entire program online (Distance-Ed Only).

Award Level	Distance-Ed Available	Distance-Ed Only
Bachelor’s	12	14
Master’s	2	1
Doctoral (Research)	1	0

^{Distance-Ed Only = degrees completed entirely online; Distance-Ed Available = degrees including at least some online coursework. Source: IPEDS Completions by Distance Education status.}

Is a Degree in Managerial Economics Worth It?

Strictly by the federal earnings tracker, Managerial Economics graduates earn a median of $71,518 four years after completion — roughly 88% above the national median for workers with only a high school diploma (~$38,000).

^{ROI estimate compares the program’s 4-yr median earnings against the 2023 BLS CPS median earnings for high-school-only workers. Source: U.S. Department of Education College Scorecard + BLS Current Population Survey.}

Related Programs

You may also be interested in these closely related fields of study:

Program	Annual Degrees Awarded
Business Management Marketing Sales	840,037
Business Administration, Management and Operations	402,942
Accounting and Related Services	81,835
Management Sciences and Quantitative Methods	62,236
Business/Commerce, General	57,976
Finance and Financial Management Services	57,564
Marketing	53,750
Human Resources Management and Services	25,424
Business Operations Support and Assistant Services	16,153
Entrepreneurial and Small Business Operations	14,306
Hospitality Administration/Management	13,333
Management Information Systems and Services	12,092

References

The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students and international students. This number is then divided by the total number of students to obtain the racial-ethnic minorities percentage.

• College Factual
• National Center for Education Statistics (IPEDS)
• O*NET Online
• U.S. Bureau of Labor Statistics
• U.S. Department of Education College Scorecard

More about our data sources and methodologies.