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Economics in Maryland

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Economics Schools in Maryland

In 2020-2021, 1,617 students earned their Economics degrees in MD.

In this state, Economics is the 12th most popular major out of a total 281 majors commonly available.

Education Levels of Economics Majors in Maryland

Economics majors in the state tend to have the following degree levels:

Education Level Number of Grads
Bachelor’s Degree 1,229
Master’s Degree 356
Doctor’s Degree (Research / Scholarship) 28
Doctor’s Degree (Professional Practice) 28
Doctor’s Degree (Other) 28
Postbaccalaureate Certificate 4
Post-Master’s Certificate 4

Gender Distribution

In Maryland, a economics major is more popular with men than with women.

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Racial Distribution

The racial distribution of economics majors in Maryland is as follows:

  • Asian: 10.6%
  • Black or African American: 6.4%
  • Hispanic or Latino: 7.9%
  • White: 40.3%
  • Non-Resident Alien: 29.2%
  • Other Races: 5.6%
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Jobs for Economics Grads in Maryland

There are 26,470 people in the state and 1,144,130 people in the nation working in economics jobs.

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Wages for Economics Jobs in Maryland

A typical salary for a economics grad in the state is $116,870, compared to a typical salary of $115,590 nationwide.

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There are 10 colleges in Maryland that offer economics degrees. Learn about the most popular 10 below:

513 Degrees in Major Awarded
86% Graduation Rate
40,709 Total Students

The full-time teacher rate is 80%. In their early career, UMCP grads earn an average salary of $59,719. This public school has an average net price of $18,048.

417 Degrees in Major Awarded
93% Graduation Rate
28,890 Total Students

This private school has an average net price of $23,428. Graduates earn an average $75,418 after graduation. Most students complete their degree in 4.08 years.

166 Degrees in Major Awarded
91% Graduation Rate
4,594 Total Students

Students enjoy a student to faculty ratio of 8 to 1. Most students complete their degree in 4.03 years. Of all the teachers who work at the school, 100% are considered full time.

165 Degrees in Major Awarded
52% Graduation Rate
4,857 Total Students

Of all the students who attend this school, 94% get financial aid. Students enjoy a student to faculty ratio of 14 to 1. Grads earn an average early-career salary of $39,374 after earning their degree at this institution.

120 Degrees in Major Awarded
68% Graduation Rate
13,497 Total Students

Seeking financial aid? At this school, 83% of students receive it. 66% of the teachers are full time. It takes the average student 4.49 years to graduate.

95 Degrees in Major Awarded
73% Graduation Rate
21,917 Total Students

82% of students are awarded financial aid at this school. The full-time teacher rate is 55%. The average student takes 4.38 years to complete their degree at Towson.

#7

St Mary's College of Maryland

St. Mary's City
39 Degrees in Major Awarded
80% Graduation Rate
1,508 Total Students

This school boasts a lower than average student loan default rate of 1.80%. Graduates earn an average $42,860 after graduation. 72% of the teachers are full time.

#8

Washington College

Chestertown
28 Degrees in Major Awarded
68% Graduation Rate
1,089 Total Students

100% of students are awarded financial aid at this school. It takes the average student 4.07 years to graduate. This school boasts a lower than average student loan default rate of 2.30%.

22 Degrees in Major Awarded
80% Graduation Rate
5,282 Total Students

97% of students are awarded financial aid at this school. Most students complete their degree in 4.05 years. This private institution charges an average net price of $35,387.

#10

Salisbury University

Salisbury
18 Degrees in Major Awarded
68% Graduation Rate
8,124 Total Students

The average student takes 4.30 years to complete their degree at Salisbury. Graduates earn an average $47,391 after graduation. The 3.60% student loan default rate is lower than average.

Economics Careers in MD

Some of the careers economics majors go into include:

Job Title MD Job Growth MD Median Salary
Survey Researchers 10% $86,130
Market Research Analysts and Marketing Specialists 8% $61,660
Economics Professors 6% $96,970
Economists 5% $116,380
Managers 2% $119,900

Below are some popular majors in the state that are similar to economics.

Major Annual Graduates in MD
Political Science & Government 1,135
International Relations & Security 759
Sociology 449
General Social Sciences 428
Criminology 387
Other Social Sciences 257
Geography & Cartography 181
Anthropology 72

View all majors related to Economics

View Nationwide Economics Report

References

More about our data sources and methodologies.

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