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Economics in Maryland

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Economics Schools in Maryland

1,617 Economics students earned their degrees in the state in 2020-2021.

In this state, Economics is the 3rd most popular major out of a total 25 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

26,470 people in the state and 1,144,130 in the nation are employed in jobs related to economics.

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Wages for Economics Jobs in Maryland

Economics grads earn an average of $116,870 in the state and $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

In their early career, UMCP grads earn an average salary of $59,719. 67% of students get financical aid. 17 to 1 is the student to faculty ratio.

413 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. The 1.30% student loan default rate is lower than average.

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

It takes the average student 4.03 years to graduate. 8 to 1 is the student to faculty ratio. 100% of the teachers are full time.

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

Grads earn an average early-career salary of $39,374 after earning their degree at this institution. Of all the teachers who work at the school, 71% are considered full time. 14 to 1 is the student to faculty ratio.

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

Seeking financial aid? At this school, 83% of students receive it. Grads earn an average early-career salary of $49,729 after earning their degree at this institution. This public college charges it's students an average net price of $19,460.

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

Graduates earn an average $48,390 after graduation. Most students complete their degree in 4.38 years. Of all the teachers who work at the school, 55% are considered full time.

#7

St Mary's College of Maryland

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

Students enjoy a student to faculty ratio of 9 to 1. The full-time teacher rate is 72%. Graduates earn an average $42,860 after graduation.

#8

Washington College

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

Grads earn an average early-career salary of $45,859 after earning their degree at this institution. Students enjoy a student to faculty ratio of 9 to 1. This private school has an average net price of $27,088.

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

This school boasts a lower than average student loan default rate of 1.90%. 97% of the teachers are full time. 97% of students are awarded financial aid at this school.

#10

Salisbury University

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

Graduates earn an average $47,391 after graduation. 91% of students are awarded financial aid at this school. 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
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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