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Master's Degree in Management Sciences & Quantitative Methods

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Master’s Degrees in Management Sciences & Quantitative Methods

23,091 Yearly Graduations
$83,800 Median Salary
$37,817 Median Debt
There are 224 schools in the United States where you can get your master's degree in management science. In recent years, the majority of the students getting degrees in this area were male, and 19 were from an underrepresented racial-ethnic group. Also, 50.0% of management science graduates were international students.

Education Levels of Management Science Majors

During the 2019-2020 academic year, 23,091 students earned their master's degree in management science. This earns it the #3 spot on the list of the most popular master's degree programs in the nation.

The following table shows the number of diplomas awarded in management science at each degree level.

Education Level Number of Grads
Master’s Degree 23,091
Bachelor’s Degree 9,956
Graduate Certificate 1,933
Basic Certificate 802
Doctor’s Degree 119
Associate Degree 88
Undergraduate Certificate 49

Earnings of Management Science Majors With Master’s Degrees

The median salary for graduates holding a master's degree in management science is $83,800. However, this can depend on a number of factors, such as where you live and the number of years experience you have. A better approximation of salary is to look at the typical range of salaries. In this case the low is $72,550 and the high is $94,400.


Student Debt

The median student debt for graduates holding a master's degree in management science is $37,817. The school you go to and how long it takes you to graduate, among other things, can cause this number to vary. The chart below shows the range of accumulated debt loads. On the high side of the range, $42,871 is the debt load, and the debt load on the low side is $31,217.


Those students who are paying back their debt on a 10-year repayment plan have a median monthly payment of $441.

Student Diversity

More men than women pursue master's degrees in management science. About 56.2% of graduates in this field are male.

Gender Number of Grads
Men 12,967
Women 10,124

The racial-ethnic distribution of management science master’s degree students is as follows:

Race/Ethnicity Number of Grads
Asian 2,274
Black or African American 739
Hispanic or Latino 945
White 6,602
International Students 11,534
Other Races/Ethnicities 997

There are 224 colleges that offer a master’s degree in management science. Learn more about the most popular 20 below:

Management Science Focus Areas

Major Annual Degrees Awarded
Management Science 12,047
Other Management Sciences & Methods 8,648
Business Statistics 1,961
Actuarial Science 435

Below are some popular majors that are similar to management science that offer master’s degrees.

Major Annual Degrees Awarded
Business Administration & Management 121,330
Accounting 19,027
Human Resource Management 9,112
Business & Commerce 8,782
Finance & Financial Management 5,353


*The racial-ethnic minority student count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the percentage of racial-ethnic minorities.

More about our data sources and methodologies.

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