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Economics in Maryland

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Economics Schools in Maryland

1,392 students earned Economics degrees in Maryland in the 2018-2019 year.

In terms of popularity, Economics is the 14th most popular major in the state out of a total 286 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 1,103
Master’s Degree 266
Doctor’s Degree (Research / Scholarship) 22
Doctor’s Degree (Professional Practice) 22
Doctor’s Degree (Other) 22
Postbaccalaureate Certificate 1
Post-Master’s Certificate 1

Gender Distribution

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

Economics Majors in MD Gender Diversity Statistics

Racial Distribution

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

  • Asian: 11.7%
  • Black or African American: 8.5%
  • Hispanic or Latino: 8.0%
  • White: 47.3%
  • Non-Resident Alien: 19.1%
  • Other Races: 5.5%
Economics Majors in MD Ethnic Diversity Statistics

Jobs for Economics Grads in Maryland

In this state, there are 26,470 people employed in jobs related to an economics degree, compared to 1,144,130 nationwide.

Economics Jobs Nationwide vs. MD

Wages for Economics Jobs in Maryland

In this state, economics grads earn an average of $116,870. Nationwide, they make an average of $115,590.

jobs nationwide vs. state.

There are 16 colleges in Maryland that offer economics degrees. Learn about the most popular 10 below:

517 Degrees in Major Awarded
86% Graduation Rate
40,743 Total Students

This school boasts a lower than average student loan default rate of 2.30%. Students enjoy a student to faculty ratio of 18 to 1. Graduates earn an average $47,200 after graduation.

364 Degrees in Major Awarded
94% Graduation Rate
27,079 Total Students

7 to 1 is the student to faculty ratio. Of all the teachers who work at the school, 97% are considered full time. The 1.10% student loan default rate is lower than average.

157 Degrees in Major Awarded
63% Graduation Rate
13,602 Total Students

Students who attend this public school pay an average net price of $18,706. In their early career, UMBC grads earn an average salary of $40,800. The full-time teacher rate is 69%.

138 Degrees in Major Awarded
86% Graduation Rate
4,538 Total Students

Of all the teachers who work at the school, 99% are considered full time. 8 to 1 is the student to faculty ratio.

74 Degrees in Major Awarded
70% Graduation Rate
22,709 Total Students

Of all the teachers who work at the school, 53% are considered full time. Students who attend this public school pay an average net price of $18,186. The average student takes 4.40 years to complete their degree at Towson.

#6

Washington College

Chestertown
39 Degrees in Major Awarded
75% Graduation Rate
1,288 Total Students

Of all the students who attend this school, 97% get financial aid. The student loan default rate of 4.00% is a good sign that graduates can afford their loan payments. An average student at Washington College will pay a net price of $26,718.

#7

St Mary's College of Maryland

St. Mary's City
36 Degrees in Major Awarded
78% Graduation Rate
1,513 Total Students

A typical student attending SMCM will pay a net price of $20,637. The full-time teacher rate is 74%. Of all the students who attend this school, 94% get financial aid.

#8

Goucher College

Baltimore
15 Degrees in Major Awarded
69% Graduation Rate
2,168 Total Students

Students who attend this private institution pay an average net price of $25,537. Of all the students who attend this school, 99% get financial aid. Roughly six years after entering college, graduates of this school earn $28,300 a year.

11 Degrees in Major Awarded
30% Graduation Rate
7,763 Total Students

13 to 1 is the student to faculty ratio. This public college charges it's students an average net price of $16,991. It takes the average student 4.96 years to graduate.

#10

Salisbury University

Salisbury
10 Degrees in Major Awarded
67% Graduation Rate
8,617 Total Students

It takes the average student 4.34 years to graduate. Students who attend this public school pay an average net price of $17,686. In their early career, Salisbury grads earn an average salary of $38,800.

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 1,134
International Relations & Security 790
Sociology 452
Criminology 377
General Social Sciences 334
Other Social Sciences 287
Geography & Cartography 246
Anthropology 103

View all majors related to Economics

View Nationwide Economics Report

References

More about our data sources and methodologies.

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