Management Science

Stem Major

Add Comparison
    Total Degrees​
    Awarded in 2024
    34,245
    growing 10.9%
    Median In-State​
    Public Tuition
    $9,518
    growing 2.25%
    Median Out-of-State​
    Private Tuition
    $41,210
    declining 1.65%
    Average Wage
    $112,167
    growing 2.15%
    People in Workforce
    12.5M
    growing 2.33%
    Average Employee Age
    44.1
    growing 0.119%

    About

    In 2024, the locations with the highest concentration of Management Science degree recipients are Los Angeles, CA, New York, NY, and Chicago, IL. In 2024, the locations with a relatively high number of Management Science degree recipients are Evanston, IL, University Park, TX, and Harrisburg, PA. The most common degree awarded to students studying Management Science is a masters degree.

    Institutions

    Information about the types of higher education institutions that grant degrees in Management Science and the types of students that study this field. University of Southern California awards the most degrees in Management Science in the US, but IE New York College and Harrisburg University of Science and Technology have the highest percentage of degrees awarded in Management Science.

    Tuition costs for Management Science majors are, on average, $9,518 for in-state public colleges, and $41,210 for out of state private colleges.

    The most common sector, by number of institutions, that offers Management Science programs are Private not-for-profit, 4-year or above institutions (207 total). The most common sector, by number of degrees awarded, is Private not-for-profit, 4-year or above (19,119 completions).

    Institutions

    Institution with the Most Degrees Awarded in Management Science (2024)
    1. 2,148 degrees awarded
    2. 1,929 degrees awarded
    3. 1,745 degrees awarded

    The most common sector, by number of degrees awarded in Management Science, is Private not-for-profit, 4-year or above (19,119 completions in 2024).

    The following chart shows the share of universities that offer Management Science programs, by the total number of completions, colored and grouped by their sector.

    View Data
    Save Image

    Tuition Costs for Common Institutions

    $9,518
    Median In-State Public
    $41,210
    Median Out of State Private

    University of Southern California has the most Management Science degree recipients, with 2,148 degrees awarded in 2024.

    The following bar chart shows the state tuition for the top 5 institutions with the most degrees awarded in Management Science.

    View Data
    Save Image

    Specialized Colleges

    Out of all institutions that offer Management Science programs and have at least 5 graduates in those programs, IE New York College has the highest percentage of degrees awarded in Management Science, with 100%.

    View Data
    Save Image

    Degrees Awarded by County

    Counties with the Most Degrees Awarded in Management Science
    1. 3,666 degrees awarded
    2. 3,172 degrees awarded
    3. 1,946 degrees awarded

    This map shows the counties in the United States colored by the highest number of degrees awarded in Management Science by year.

    View Data
    Save Image

    Employment

    Information on the businesses and industries that employ Business graduates and on wages and locations for those in the field.

    The average salary for Business majors is $112,167 and the most common occupations are Accountants & auditors, Other managers, and Financial managers.

    The industry that employs the most Business majors is Elementary & secondary schools, though the highest paying industry, by average wage, is Internet publishing, broadcasting & web search portals.

    Yearly Income for Common Jobs

    The closest comparable data for the 6 Digit Course Management Science is from the 2 Digit Course Business.
    $112,167
    Average Wage in Workforce
    ± $790
    2.15%
    1 Year Growth
    ± 0.984%

    The average salary for Business majors is $112,167 and the most common occupations are Accountants & auditors, Other managers, and Financial managers.

    This chart shows the average annual salaries of the most common occupations for Business majors.

    View Data
    Save Image

    Highest Paying Locations

    The closest comparable data for the 6 Digit Course Management Science is from the 2 Digit Course Business.

    This map shows the public use micro areas (PUMAs) in the United States colored by the average salary of Business majors.

    Note that the census collects information tied to where people live, not where they work. It is possible that Business majors live and work in the same place, but it is also possible that they live and work in two different places.

    View Data
    Save Image

    Most Common

    The closest comparable data for the 6 Digit Course Management Science is from the 2 Digit Course Business.

    The most common occupations for Business majors, by number of employees, are Accountants & auditors, Other managers, and Financial managers.

    View Data
    Save Image
    View Data
    Save Image

    Most Specialized

    The closest comparable data for the 6 Digit Course Management Science is from the 2 Digit Course Business.

    Compared to other majors, there are an unusually high number of Business majors working as Accountants & auditors, Financial examiners, and Financial analysts.

    View Data
    Save Image
    View Data
    Save Image

    Highest Paid

    The closest comparable data for the 6 Digit Course Management Science is from the 2 Digit Course Business.

    The highest paid occupations by median income for Business majors are Surgeons, Physicians, and Nuclear medicine technologists and medical dosimetrists.

    View Data
    Save Image
    View Data
    Save Image

    Occupations by Share

    The closest comparable data for the 6 Digit Course Management Science is from the 2 Digit Course Business.
    12.5M
    2024 Workforce
    ± 83,278
    2.33%
    1 Year Growth
    ± 0.925%

    The number of Business graduates in the workforce has been growing at a rate of 2.33%, from 12.2M in 2023 to 12.5M in 2024.

    The largest single share of Business graduates go on to work as Accountants & auditors (8.7%). This chart shows the various jobs filled by those with a major in Business by share of the total number of graduates.

    View Data
    Save Image

    Most Common

    The closest comparable data for the 6 Digit Course Management Science is from the 2 Digit Course Business.

    The most common industries that employ Business majors, by number of employees, are Elementary & secondary schools, Computer Systems Design, and Accounting, tax preparation, bookkeeping & payroll services.

    View Data
    Save Image
    View Data
    Save Image

    Highest Paid

    The closest comparable data for the 6 Digit Course Management Science is from the 2 Digit Course Business.
    View Data
    Save Image
    View Data
    Save Image

    Industries by Share

    The closest comparable data for the 6 Digit Course Management Science is from the 2 Digit Course Business.
    12.5M
    2024 Workforce
    ± 83,278
    2.33%
    1 Year Growth
    ± 0.925%

    The number of Business graduates in the workforce has been growing at a rate of 2.33%, from 12.2M in 2023 to 12.5M in 2024.

    The industry which employs the most Business graduates by share is Elementary & secondary schools, followed by Computer Systems Design. This visualization shows the industries that hire those who major in Business.

    View Data
    Save Image

    Specialty Locations

    The closest comparable data for the 6 Digit Course Management Science is from the 2 Digit Course Business.

    This map shows the public use micro areas (PUMAs) in the United States where there are a relatively high population of Business majors.

    Note that the census collects information tied to where people live, not where they work. It is possible that Business majors live and work in the same place, but it is also possible that they live and work in two different places.

    View Data
    Save Image

    Diversity

    Demographic information for those who earn a degree in Business in the United States.

    The average age of a person in the workforce with a degree in Business is 44.1.

    The most common degree type these workers hold is a Masters Degree. Male employees are more likely to hold Business degrees, and White students are the most common race/ethnicty group awarded degrees in Business (12,679 students).

    Workforce Age

    The closest comparable data for the 6 Digit Course Management Science is from the 2 Digit Course Business.
    44.1
    Average Age in 2024
    ± 0.0901 Years
    0.119%
    1 Year Change
    ± 0.289%

    This chart shows distribution of ages for employees with a degree in Business. The most common ages of employees with this major are 40 and 39 years old, which represent 2.67% and 2.6% of the population, respectively.

    View Data
    Save Image

    Degrees Awarded

    The most common degree types awarded to students graduating in Management Science are Masters Degree, Bachelors Degree, and Postbaccalaureate Certificate.

    View Data
    Save Image

    Workforce Degrees

    The closest comparable data for the 6 Digit Course Management Science is from the 2 Digit Course Business.

    The most common degree types held by the working population in Business are Bachelors Degree, Masters Degree, and Professional degree.

    View Data
    Save Image

    Sex Imbalance for Common Institutions

    Male (58.5%)
    Most Common Sex with a Degree in this Field

    This chart shows the granted degrees by sex at the 5 institutions that graduate the most students in Management Science.

    View Data
    Save Image

    Race & Ethnicity by Degrees Awarded

    Degrees
    Most Common Race or Ethnicity
    1. White
      12,679 degrees awarded in 2024
    2. Non-resident Alien
      10,593 degrees awarded in 2024
    3. Asian
      4,628 degrees awarded in 2024

    This chart shows the number of degrees awarded in Management Science for each race & ethnicity.

    In 2024, White students earned the largest share of the degrees with this major.

    View Data
    Save Image

    Race & Ethnicity by Sex

    Degrees
    Most Common Race/Ethnicity and Sex Combination
    1. Non-resident Alien Male
      5,215 degrees awarded
    2. White Male
      4,924 degrees awarded
    3. Non-resident Alien Female
      4,025 degrees awarded

    This chart illustrates the differences by sex for each race & ethnicity of Masters Degree recipients in Management Science.

    Non-resident Alien Male students, who earn most of the degrees in this field, are the most common combination of race/ethnicity and sex.

    View Data
    Save Image

    Global Diversity

    The closest comparable data for the 6 Digit Course Management Science is from the 2 Digit Course Business.
    Most Common Countries of Origin
    1. India
      191,530 degree recipients
    2. Mexico
      166,769 degree recipients
    3. Philippines
      143,641 degree recipients
    High Relative Number of Students
    1. Singapore
      2.5 times more than expected
    2. Mongolia
      2.45 times more than expected
    3. Denmark
      2.41 times more than expected

    There are a relatively high number of people that were born in Singapore that hold Business degrees (2.5 times more than expected), and the most common country of origin by total numbers for non-US students earning a degree in this field is India (191,530 degree recipients).

    View Data
    Save Image

    Skills

    Data on the critical and distinctive skills necessary for those working in the Management Science field from the Bureau of Labor Statistics. Management Science majors need many skills, but most especially Mathematics. The revealed comparative advantage (RCA) shows that Management Science majors need more than the average amount of Programming, Mathematics, and Operations Analysis.

    These two visualizations, one a radial chart and one a bar chart, show the same information, a rating of how necessary the following skills are for Management Science majors. Toggle between "value" and "RCA" to see the absolute rating of that skill (value) and the revealed comparative advantage (RCA), or how much greater or lesser that skill's rating is than the average. The longer the bar or the closer the line comes to the circumference of the circle, the more important that skill is. The importance of Programming is very distinctive for majors, but the Mathematics, Reading Comprehension, and Critical Thinking are the three most important skills for people in the field.

    View Data
    Save Image

    Bar Chart

    View Data
    Save Image