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Managerial Economics

Types of Degrees Managerial Economics Majors Are Earning

Those studying Managerial Economics have the option of earning 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

Programs in Managerial Economics develop 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

This major prepares you for careers needing 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 emphasized 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

The cognitive and physical 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
Python	Object or component oriented development software	✓
Web browser software	Internet browser software	—
Microsoft Office software	Office suite software	✓
Microsoft Excel	Spreadsheet software	✓
StataCorp Stata	Analytical or scientific software	✓
The MathWorks MATLAB	Analytical or scientific software	—
Microsoft Word	Word processing software	✓
Microsoft PowerPoint	Presentation software	✓
Microsoft Access	Data base user interface and query 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:

• Agricultural Economics Teacher
• Economics Assistant Professor
• Economic Instructor
• Adjunct Economics Instructor
• Industrial Economics Teacher
• Teacher
• Economics Instructor
• Transportation Economics Teacher
• Economics Lecturer
• Econometrics Professor
• Professor
• Accounting Lecturer
• Adjunct Economics Professor
• Macroeconomics Professor
• Economic Adjunct Instructor

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%
Post-baccalaureate certificate	2.9%
Some college courses	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. These numbers tend to grow 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

Online study 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?

On the earnings side, 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	CIP Code
Business Management Marketing Sales	52
Accounting and Related Services	52.03
Business Administration, Management and Operations	52.02
Business Operations Support and Assistant Services	52.04
Business, Management, Marketing, and Related Support Services, Other	52.99
BUSINESS, MANAGEMENT, MARKETING, AND RELATED SUPPORT SERVICES	52.00
Business/Commerce, General	52.01
Business/Corporate Communications	52.05
Construction Management	52.20
Entrepreneurial and Small Business Operations	52.07
Finance and Financial Management Services	52.08
General Sales, Merchandising and Related Marketing Operations	52.18

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.