Management Science
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Overview
Management science is a program that focuses on the application of statistical modeling, data warehousing, data mining, programming, forecasting and operations research techniques to the analysis of problems of business organization and performance. includes instruction in optimization theory and mathematical techniques, data mining, data warehousing, stochastic and dynamic modeling, operations analysis, and the design and testing of prototype systems and evaluation models.
Highlights
School with the highest reported median starting salary ($182K) with a Master's Degree: University of Pennsylvania
Explore Pathways
Careers for program graduates
Management science majors work in these careers, which are sized by percentage of majors in the career (at least 1%) and colored by the predominant level of education.
Software DevelopersPostsecondary TeachersSpecialized ManagersComputer ProgrammersComputer Systems AnalystsComputer and Information Syste...Accountants and AuditorsManagement AnalystsMathematical ScientistsElementary and Middle School S...Secondary School TeachersActuariesFinancial ManagersChief executives and legislato...Specialized Computer Occupatio...Specialized EngineersFinancial and Investment Analy...Specialized Physical Scientist...Database administrators and ar...Operations Research AnalystsPersonal Financial Advisors
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Current completions
What level of degree do most graduates achieve, and do they match what your goals?
05K10K15K0-1 Year Certificate2-4 Year CertificateAssociate's DegreeBachelor's DegreePostbaccalaureate CertMaster's DegreePost-master's CertResearch Doctorate
SOURCES:
Completions over time
Have completions for applied mathematics changed over time? Increasing completions may mean you'll likely have an easier time finding a school that offers this degree, with the opposite being true as well.
Show percentages
Number of graduates
02,0004,0006,0008,00010,00012,000200520062007200820092010201120122013201420152016201720182019
Research Doctorate
Post-master's Cert
Master's Degree
Postbaccalaureate Cert
Bachelor's Degree
Associate's Degree
2-4 Year Certificate
1-2 Year Certificate
0-1 Year Certificate
Salary and Debt
How are students who recently completed a degree in management science doing?
Below is the distribution of starting salaries along with accumulated federal and private education loans across schools that offer a degree in the field management sciences and quantitative methods, which includes management science.
Median starting salaries
$54K$84K$0$50K$100K$150KMaster'sBachelor's
Median cumulative loan amount
$23K$37K$0$20K$40K$60KMaster'sBachelor's
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Context: median salaries
How does the median (middle) salary for applied mathematics majors compare to the median salaries for other college majors?
$89K$0$20K$40K$60K$80K$100K
Distribution: applied mathematics majors' salaries by education level
What is the salary distribution for graduates with a bachelor's inapplied mathematics by the level of their highest degree (Graduate degrees may not be in the same field as the bachelor’s)
$74K$95K$121K$114K$0$50K$100K$150K$200KBachelor'sMaster'sDoctorateProfessional
We only include salary data when the survey error is less than 20%, so you may see only partial information for some categories.
Is a bachelor's degree all you need?
Education level of workers with a bachelor's in applied mathematics
Is a bachelor's degree going to be sufficient to make you competative in the job market? We can look at the education level of workers with a bachelors in this degree to see if there is a likely need for a graduate degree. You'll also want to check out the careers section on this page to where they are employed.
This chart shows the level of education of workers with a bachelor's degree in applied mathematics. The worker's graduate degree may have been completed in a different field.
Education level of workers
Bachelor's Degree
Master's Degree
Professional Degree
Doctorate
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Context: Graduate degrees in any field by undergraduate ACS degree
About 52% of applied mathematics majors chose to also earn a graduate degree (possibly of a different major). The percentage of applied mathematics majors who also earned a graduate degree is higher than about 87% of other fields.
52%0%20%40%60%80%100%
Context: Percentage salary boost obtained with a graduate degree
How important is a graduate degree for earning a higher salary? We can see the difference in salary of workers with a bachelors in this degree to workers with a bachelor’s AND a graduate degree.
29%65%54%0%20%40%60%80%Bachelor's to Master'sBachelor's to DoctorateBachelor's to Professional
Careers
Top careers for those with a degree in applied mathematics
Following are the most frequent jobs held by people who earned a bachelor's degree in Applied Mathematics (which combines 19 programs), though may not be limited to just those with a bachelor’s.
  1. Software Developers
  2. Postsecondary Teachers
  3. Specialized Managers
  4. Computer Programmers
  5. Computer Systems Analysts
  6. Computer and Information Systems Managers
  7. Accountants and Auditors
  8. Management Analysts
  9. Mathematical Scientists
  10. Elementary and Middle School School Teachers
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Careers for applied mathematics majors
Where do applied mathematics majors work, and how well do those jobs pay? A ** in the job title indicates that the Department of Education recommends this job for this program.
Not so much?
The top ten careers for workers with a bachelor's in applied mathematics
Take a minute to interact with this sankey diagram. Follow the top ten jobs held by applied mathematics graduates through to their most hired majors. Learn where it may easiest to find work. Expand the careers to explore other majors that might lead to the job that excites you the most. *For many majors, the top ten jobs don't even include half of graduates!*
Expand careers
Software DevelopersPostsecondary Teache...Specialized ManagersComputer ProgrammersComputer Systems Ana...Computer and Informa...Accountants and Audi...Management AnalystsMathematical Scienti...Elementary and Middl...All othersThis degreeTop 10 Careers
What careers hire applied mathematics majors as one of their top 10?
To the left of this diagram, see all careers that hire applied mathematics majors as one of their top 10 majors, and on the right, see what proportion of openings for the jobs on the left are filled by applied mathematics majors.
Applied MathematicsAll other degreesActuariesAll other careersDegreeDegree in top 10 employed
Where can I complete this degree
Explore schools that offer management science degrees and certificates
You can use this table to find schools that offer this program based on location and program level offered. Each entry goes to a school page similar to this one with all our information about that school.
Understanding the columns

The school list includes a few facts about each school that give you an idea of the educational quality each school might offer:

  • Student-Faculty Ratio: A small number of students per full-time instructor suggests individual attention for each student and an up-to-date curriculum.

  • Satisfaction Rate: A high percentage of returning first-year students should correlate with satisfaction (schools call this their retention rate).

  • Repayment Rate: A high repayment rate means most alumni earn enough to make progress repaying loans within 7 years of leaving.

We also show the total enrollment for the school as measured by full-time-equivalent (FTE) students enrolled annually.

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Related Programs
Top 10 similar programs
Following are related programs, ordered by those with the highest number of completions. You can explore a full list by pressing the more details button.
  1. Management Sciences and Quantitative Methods
  2. Applied Mathematics
  3. Financial Mathematics
  4. Business Statistics
  5. Actuarial Science
  6. Operations Research
  7. Mathematics and Computer Science
  8. Biostatistics
  9. Bioinformatics
  10. Computational Science
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Careers for applied mathematics majors
applied mathematics is part of a larger collection of programs: Applied Mathematics and Computational Sciences. Is there a different program that's close to applied mathematics that might be a better match for your interests? You can use this table to see a little about the programs that fall under this umbrella. If you click on any of the table headers, that will sort the table by that column, or click on a row and see Ididio's profile for that program.
Gender
Gender of recent graduates
Of all people with any degree in management science earned in the last academic year, 43% were women.
Gender
Men
Women
SOURCES:
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Completions over time
Have completions by gender changed over time, or at specific levels of education?
Award level
All levels
02K4K6K8K10K12KNumber of graduates200520062007200820092010201120122013201420152016201720182019
Women
Men
Context: Gender representation
How does the gender distribution in this major compare to all other majors?
36%64%0%20%40%60%80%100%WomenMen
Context: Percentage women
This major has a lower percentage of women than 63% other programs.
Distribution: salaries by gender
Does gender greatly influence your salary with this degree? The closer the bar are, the less discrepancy there is.
$76K$95K$0$50K$100K$150K$200K$250KWomenMen
Context: Salary inequity
For applied mathematics graduates, men have a 25% higher median salary than women, This is high: 75% of programs have graduates with lower salary inequities.
25%25%0%20%40%60%80%100%
Race/Origin
Race/Origin of recent graduates
Here is an overview of race/origin for all management science graduates from this last academic year. We found a higher percentage of international graduates in this program than in 93% of other programs.
Race/Origin
White
Black
Pacific Islander
Hispanic
Asian
American Indian
Multiracial
Not Reported
International
SOURCES:
Fewer details
Completions over time
Have completions by race/origin changed over time, or at specific levels of education?
Award level
All levels
02K4K6K8K10K12KNumber of graduates200520062007200820092010201120122013201420152016201720182019
International
Not Reported
Multiracial
American Indian
Asian
Hispanic
Pacific Islander
Black
White
Context: Percentage of Minority Graduates
Minority students comprise a higher percentage of graduates than in 74% of other programs.