Management Sciences & Quantitative Methods

Contains Stem Majors

Add Comparison
Total Degrees​
Awarded in 2022
48,037
growing 10.7%
Median In-State​
Public Tuition
$9,695
growing 4.05%
Median Out-of-State​
Private Tuition
$42,851
growing 1.96%
Average Wage
$105,798
growing 8.23%
People in Workforce
11.9M
growing 2.36%
Average Employee Age
43.9
growing 0.00756%

About

In 2022, the locations with the highest concentration of Management Sciences & Quantitative Methods degree recipients are New York, NY, Los Angeles, CA, and Chicago, IL. In 2022, the locations with a relatively high number of Management Sciences & Quantitative Methods degree recipients are Evanston, IL, Rochester, NY, and Harrisburg, PA. The most common degree awarded to students studying Management Sciences & Quantitative Methods is a masters degree.

Institutions

Information about the types of higher education institutions that grant degrees in Management Sciences & Quantitative Methods and the types of students that study this field. Northwestern University awards the most degrees in Management Sciences & Quantitative Methods in the US, but Harrisburg University of Science and Technology and Rensselaer at Hartford have the highest percentage of degrees awarded in Management Sciences & Quantitative Methods.

Tuition costs for Management Sciences & Quantitative Methods majors are, on average, $9,695 for in-state public colleges, and $42,851 for out of state private colleges.

The most common sector, by number of institutions, that offers Management Sciences & Quantitative Methods programs are Private not-for-profit, 4-year or above institutions (279 total). The most common sector, by number of degrees awarded, is Private not-for-profit, 4-year or above (24,441 completions).

Institutions

Institution with the Most Degrees Awarded in Management Sciences & Quantitative Methods (2022)
  1. 1,675 degrees awarded
  2. 1,539 degrees awarded
  3. 1,308 degrees awarded

The most common sector, by number of degrees awarded in Management Sciences & Quantitative Methods, is Private not-for-profit, 4-year or above (24,441 completions in 2022).

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

View Data
Save Image
Add Data to Cart

Tuition Costs for Common Institutions

$9,695
Median In-State Public
$42,851
Median Out of State Private

Northwestern University has the most Management Sciences & Quantitative Methods degree recipients, with 1,675 degrees awarded in 2022.

The following bar chart shows the state tuition for the top 5 institutions with the most degrees awarded in Management Sciences & Quantitative Methods.

View Data
Save Image
Add Data to Cart

Specialized Colleges

Out of all institutions that offer Management Sciences & Quantitative Methods programs and have at least 5 graduates in those programs, Harrisburg University of Science and Technology has the highest percentage of degrees awarded in Management Sciences & Quantitative Methods, with 34.4%.

View Data
Save Image

Degrees Awarded by County

Counties with the Most Degrees Awarded in Management Sciences & Quantitative Methods
  1. 3,582 degrees awarded
  2. 2,931 degrees awarded
  3. 2,132 degrees awarded

This map shows the counties in the United States colored by the highest number of degrees awarded in Management Sciences & Quantitative Methods by year.

View Data
Save Image
Add Data to Cart

Growth in Awarded Degrees

Counties with the Fastest Growing Number of Degrees Awarded
  1. 1.9k%
  2. 1.3k%
  3. 1k%

This map shows the counties in the United States colored by the highest growth in degrees awarded for Management Sciences & Quantitative Methods.

View Data
Save Image
Add Data to Cart

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 $105,798 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 4 Digit Course Management Sciences & Quantitative Methods is from the 2 Digit Course Business.
$105,798
Average Wage in Workforce
± $772
8.23%
1 Year Growth
± 0.957%

The average salary for Business majors is $105,798 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
Add Data to Cart

Highest Paying Locations

The closest comparable data for the 4 Digit Course Management Sciences & Quantitative Methods 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
Add Data to Cart

Most Common

The closest comparable data for the 4 Digit Course Management Sciences & Quantitative Methods is from the 2 Digit Course Business.

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

View Data
Save Image
Add Data to Cart
View Data
Save Image
Add Data to Cart

Most Specialized

The closest comparable data for the 4 Digit Course Management Sciences & Quantitative Methods 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 analysts, and Financial examiners.

View Data
Save Image
Add Data to Cart
View Data
Save Image
Add Data to Cart

Highest Paid

The closest comparable data for the 4 Digit Course Management Sciences & Quantitative Methods is from the 2 Digit Course Business.

The highest paid occupations by median income for Business majors are Surgeons, Physicians, and Chief executives & legislators.

View Data
Save Image
Add Data to Cart
View Data
Save Image
Add Data to Cart

Occupations by Share

The closest comparable data for the 4 Digit Course Management Sciences & Quantitative Methods is from the 2 Digit Course Business.
11.9M
2022 Workforce
± 81,438
2.36%
1 Year Growth
± 0.948%

The number of Business graduates in the workforce has been growing at a rate of 2.36%, from 11.7M in 2021 to 11.9M in 2022.

The largest single share of Business graduates go on to work as Accountants & auditors (9.23%). 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
Add Data to Cart

Most Common

The closest comparable data for the 4 Digit Course Management Sciences & Quantitative Methods is from the 2 Digit Course Business.

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

View Data
Save Image
Add Data to Cart
View Data
Save Image
Add Data to Cart

Highest Paid

The closest comparable data for the 4 Digit Course Management Sciences & Quantitative Methods is from the 2 Digit Course Business.
View Data
Save Image
Add Data to Cart
View Data
Save Image
Add Data to Cart

Industries by Share

The closest comparable data for the 4 Digit Course Management Sciences & Quantitative Methods is from the 2 Digit Course Business.
11.9M
2022 Workforce
± 81,438
2.36%
1 Year Growth
± 0.948%

The number of Business graduates in the workforce has been growing at a rate of 2.36%, from 11.7M in 2021 to 11.9M in 2022.

The industry which employs the most Business graduates by share is Elementary & secondary schools, followed by Accounting, tax preparation, bookkeeping & payroll services. This visualization shows the industries that hire those who major in Business.

View Data
Save Image
Add Data to Cart

Specialty Locations

The closest comparable data for the 4 Digit Course Management Sciences & Quantitative Methods 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
Add Data to Cart

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 43.9.

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 (18,862 students).

Workforce Age

The closest comparable data for the 4 Digit Course Management Sciences & Quantitative Methods is from the 2 Digit Course Business.
43.9
Average Age in 2022
± 0.0912 Years
0.00756%
1 Year Change
± 0.294%

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 36 years old, which represent 2.65% and 2.62% of the population, respectively.

View Data
Save Image
Add Data to Cart

Degrees Awarded

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

View Data
Save Image
Add Data to Cart

Workforce Degrees

The closest comparable data for the 4 Digit Course Management Sciences & Quantitative Methods 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
Add Data to Cart

Sex Imbalance for Common Institutions

Male (57.5%)
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 Sciences & Quantitative Methods.

View Data
Save Image
Add Data to Cart

Race & Ethnicity by Degrees Awarded

Most Common Race or Ethnicity
  1. White
    18,862 degrees awarded
  2. Non-resident Alien
    15,278 degrees awarded
  3. Asian
    6,033 degrees awarded

This chart shows the number of degrees awarded in Management Sciences & Quantitative Methods for each race & ethnicity. White students earned the largest share of the degrees with this major.

View Data
Save Image
Add Data to Cart

Race & Ethnicity by Sex

Most Common Race/Ethnicity and Sex Combination
  1. White Male
    7,479 degrees awarded
  2. Non-resident Alien Male
    6,747 degrees awarded
  3. Non-resident Alien Female
    6,424 degrees awarded

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

White 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
Add Data to Cart

Global Diversity

The closest comparable data for the 4 Digit Course Management Sciences & Quantitative Methods is from the 2 Digit Course Business.
Most Common Countries of Origin
  1. India
    177,507 degree recipients
  2. Mexico
    149,786 degree recipients
  3. Philippines
    140,210 degree recipients
High Relative Number of Students
  1. Mongolia
    2.8 times more than expected
  2. Norway
    2.59 times more than expected
  3. Zimbabwe
    2.49 times more than expected

There are a relatively high number of people that were born in Mongolia that hold Business degrees (2.8 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 (177,507 degree recipients).

View Data
Save Image
Add Data to Cart

Skills

Data on the critical and distinctive skills necessary for those working in the Management Sciences & Quantitative Methods field from the Bureau of Labor Statistics. Management Sciences & Quantitative Methods majors need many skills, but most especially Judgment and Decision Making. The revealed comparative advantage (RCA) shows that Management Sciences & Quantitative Methods majors need more than the average amount of Management of Financial Resources, Management of Material Resources, 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 Sciences & Quantitative Methods 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 Management of Financial Resources is very distinctive for majors, but the Judgment and Decision Making, Critical Thinking, and Reading Comprehension are the three most important skills for people in the field.

View Data
Save Image

Bar Chart

View Data
Save Image