Master’s Degrees in Management Sciences & Quantitative Methods
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Education Levels of Management Science Majors
During the 2020-2021 academic year, 29,299 students earned their master's degree in management science. This makes it the 4th most popular master's degree program in the country.
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 |
| Bachelor’s Degree | 10,408 |
| Graduate Certificate | 2,275 |
| Basic Certificate | 1,044 |
| Doctor’s Degree | 127 |
| Associate Degree | 125 |
| Undergraduate Certificate | 104 |
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. A lot of factors can contribute to this number, such as the location of your workplace and the availability of other perks and bonuses. A better approximation of salary is to look at the typical range of salaries. In this case the low is $74,315 and the high is $91,549.
Student Debt
We do not have the data to estimate the median debt for this class of people.
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:
Northwestern University tops the list of the most popular school in the U.S. for management science majors who are seeking their master's degree. Roughly 22,600 attend the school each year. 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. During the 2020-2021 academic year, 1,785 people received their master's degree in management science from Northwestern. Around 25% of these students were from an underrepresented racial-ethnic group, and 34% were women.
Columbia University in the City of New York is the 2nd most popular school in the nation for students seeking a master's degree in management science. Roughly 30,100 attend the school each year. 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. For the 2020-2021 academic year, 1,592 master's degrees were handed out to management science majors at Columbia. About 47% of this group were women, and 16% were students from an underrepresented racial-ethnic group.
University of Chicago comes in at #3 on our list of the most popular colleges offering master's degrees in management science. Roughly 17,800 attend the school each year. 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. The management science program at University of Chicago awarded 1,027 master's degrees during the 2020-2021 school year. Of these students, 33% were women and 26% were members of underrepresented racial-ethnic groups.
The 4th most popular school in the country for management science majors who are seeking their master's degree is University of California - Los Angeles. Roughly 44,500 attend the school each year. 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. During the 2020-2021 academic year, 857 people received their master's degree in management science from UCLA. Of these students, 33% were women and 35% were members of underrepresented racial-ethnic groups.
New York University is the 5th most popular school in the nation for students seeking a master's degree in management science. Each year, around 52,700 students seeking various degrees attend the university. 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. For the 2020-2021 academic year, 744 master's degrees were handed out to management science majors at NYU. Of these students, 40% were women and 26% were members of underrepresented racial-ethnic groups.
University of North Carolina at Chapel Hill is the 6th most popular school in the nation for students seeking a master's degree in management science. Each year, around 30,000 students seeking various degrees attend the university. 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. For the 2020-2021 academic year, 697 master's degrees were handed out to management science majors at UNC Chapel Hill. Of these students, 29% were women and 23% were members of underrepresented racial-ethnic groups.
Georgia Institute of Technology - Main Campus is the 7th most popular school in the nation for students seeking a master's degree in management science. Each year, around 39,700 students seeking various degrees attend the university. 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. During the 2020-2021 academic year, 685 people received their master's degree in management science from Georgia Tech. About 27% of this group were women, and 28% were students from an underrepresented racial-ethnic group.
The University of Texas at Dallas comes in at #8 on our list of the most popular colleges offering master's degrees in management science. Roughly 28,600 attend the school each year. 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. For the 2020-2021 academic year, 673 master's degrees were handed out to management science majors at UT Dallas. About 41% of this group were women, and 13% were students from an underrepresented racial-ethnic group.
The 9th most popular school in the country for management science majors who are seeking their master's degree is Massachusetts Institute of Technology. Roughly 11,200 attend the school each year. 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. During the 2020-2021 academic year, 659 people received their master's degree in management science from MIT. About 37% of this group were women, and 22% were students from an underrepresented racial-ethnic group.
Johns Hopkins University is the 10th most popular school in the nation for students seeking a master's degree in management science. Each year, around 28,800 students seeking various degrees attend the university. 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. During the 2020-2021 academic year, 614 people received their master's degree in management science from Johns Hopkins. About 63% of this group were women, and 2% were students from an underrepresented racial-ethnic group.
The 11th most popular school in the country for management science majors who are seeking their master's degree is University of California - Berkeley. Roughly 42,300 attend the school each year. 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. During the 2020-2021 academic year, 595 people received their master's degree in management science from UC Berkeley. Around 33% of these students were from an underrepresented racial-ethnic group, and 34% were women.
University of Southern California is the 12th most popular school in the nation for students seeking a master's degree in management science. Each year, around 46,200 students seeking various degrees attend the university. 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. For the 2020-2021 academic year, 592 master's degrees were handed out to management science majors at USC. Of these students, 51% were women and 28% were members of underrepresented racial-ethnic groups.
The 13th most popular school in the country for management science majors who are seeking their master's degree is Arizona State University - Tempe. Each year, around 74,700 students seeking various degrees attend the university. 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. During the 2020-2021 academic year, 562 people received their master's degree in management science from ASU - Tempe. Around 25% of these students were from an underrepresented racial-ethnic group, and 38% were women.
University of Rochester is the 14th most popular school in the nation for students seeking a master's degree in management science. Each year, around 11,700 students seeking various degrees attend the university. 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. The management science program at University of Rochester awarded 529 master's degrees during the 2020-2021 school year. Around 7% of these students were from an underrepresented racial-ethnic group, and 59% 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. Each year, around 1,800 students seeking various degrees attend the university. 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. For the 2020-2021 academic year, 505 master's degrees were handed out to management science majors at Hult International Business School. About 41% of this group were women, and 4% were students from an underrepresented racial-ethnic group.
Rice University is the 16th most popular school in the nation for students seeking a master's degree in management science. Each year, around 7,600 students seeking various degrees attend the university. 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. For the 2020-2021 academic year, 439 master's degrees were handed out to management science majors at Rice. About 31% of this group were women, and 37% were students from an underrepresented racial-ethnic group.
The 17th most popular school in the country for management science majors who are seeking their master's degree is University of Illinois at Urbana-Champaign. Each year, around 52,600 students seeking various degrees attend the university. 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. For the 2020-2021 academic year, 429 master's degrees were handed out to management science majors at UIUC. Of these students, 50% were women and 28% were members of underrepresented racial-ethnic groups.
Southern Methodist University comes in at #18 on our list of the most popular colleges offering master's degrees in management science. Roughly 12,300 attend the school each year. 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. For the 2020-2021 academic year, 422 master's degrees were handed out to management science majors at SMU. Of these students, 37% were women and 27% were members of underrepresented racial-ethnic groups.
The 19th most popular school in the country for management science majors who are seeking their master's degree is Stanford University. Each year, around 15,900 students seeking various degrees attend the university. 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. The management science program at Stanford University awarded 400 master's degrees during the 2020-2021 school year. About 47% of this group were women, and 28% were students from an underrepresented racial-ethnic group.
Northeastern University Professional Advancement Network is the 20th most popular school in the nation for students seeking a master's degree in management science. Roughly 11,300 attend the school each year. 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. The management science program at Northeastern University Professional Advancement Network awarded 380 master's degrees during the 2020-2021 school year. About 49% of this group were women, and 9% were students from an underrepresented racial-ethnic group.
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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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