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Economics in Maryland

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Economics Schools in Maryland

1,392 Economics students earned their degrees in the state in 2018-2019.

As a degree choice, Economics is the 4th most popular major in the state.

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

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

Economics Jobs Nationwide vs. MD

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.

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 public college charges it's students an average net price of $18,457. This school boasts a lower than average student loan default rate of 2.30%. Graduates earn an average $47,200 after graduation.

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

The 1.10% student loan default rate is lower than average. 97% of the teachers are full time. The student to faculty ratio is 7 to 1.

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

The student loan default rate is 4.20% which is lower than average. In their early career, UMBC grads earn an average salary of $40,800. Of all the students who attend this school, 90% get financial aid.

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

99% of the teachers are full time. The student to faculty ratio is 8 to 1.

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

The 3.50% student loan default rate is lower than average. 53% of the teachers are full time. Students enjoy a student to faculty ratio of 17 to 1.

#6

Washington College

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

11 to 1 is the student to faculty ratio. 72% of the teachers are full time. 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. Roughly six years after entering college, graduates of this school earn $38,800 a year. It takes the average student 4.13 years to graduate.

#8

Goucher College

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

The 4.10% student loan default rate is lower than average. The student to faculty ratio is 10 to 1. 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

This public college charges it's students an average net price of $16,991. Grads earn an average early-career salary of $27,900 after earning their degree at this institution. The student to faculty ratio is 13 to 1.

#10

Salisbury University

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

The average student takes 4.34 years to complete their degree at Salisbury. The student to faculty ratio is 16 to 1. Students who attend this public school pay an average net price of $17,686.

Economics Careers in MD

Some of the careers economics majors go into include:

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

View Nationwide Economics Report

References

More about our data sources and methodologies.

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