TL;DR

Mathematical Economics maps to BLS occupations averaging about $133,575, with roughly 107,500 workers nationwide in those roles. Median program completion runs near 59%; median in-state published tuition is about $8,769.

Key Statistics

141
Total Degrees Awarded (2023)
$8,769
Median In-State Public Tuition
$44,877
Median Out-of-State Private Tuition
$133,575
Avg. Wage (related occupations)
107,500
Workers (related occupations)
59.4%
Median Graduation Rate (4-yr schools)

Mathematical Economics: what the data shows

Common questions about mathematical economics degrees, answered from IPEDS, College Scorecard, BLS OEWS, and O*NET in this repository—not program marketing copy.

What is a mathematical economics degree?

A Mathematical Economics program is classified under NCES CIP 00.3049 in the 00.0030 field family (00.30).

IPEDS counted 141 completions for this CIP in the survey year in our extract.

Types of mathematical economics degrees and related programs

Other NCES program codes in the 00.30 family with pages on EDsmart Data:

What do you learn in mathematical economics?

O*NET skill ratings for occupations mapped to this major emphasize Reading Comprehension, Critical Thinking, Mathematics, Writing, Judgment and Decision Making, Speaking, and related competencies. See the Skills section for the full list in our extract.

What degree do you need?

For Economists (top mapped occupation), O*NET incumbent surveys in our career profile report these education credentials most often: Some college (29%), High School or Equivalent (27%), Bachelors Degree (22%).

O*NET education distributions describe incumbent workers, not minimum legal or employer requirements.

What jobs can you get with a mathematical economics degree?

Our degree→occupation mapping links Mathematical Economics to the BLS roles below. Employment is U.S. OEWS; median wage is national May 2024 where published in our extract.

OccupationU.S. employmentMedian annual wage
Economists15,880$115,440
Personal Financial Advisors270,480$102,140
Financial Analysts340,580$101,350
Economics Teachers, Postsecondary12,420$119,980
Mathematical Science Teachers, Postsecondary48,820$79,350
Chefs and Head Cooks182,320$60,990

See Careers & Jobs for mean wages and industry context.

Is a mathematical economics degree worth it?

Among schools reporting in our Scorecard extract, median published in-state tuition is $8,769 and median net price is $17,231.

We do not score "worth" on opinion—compare debt, earnings, wages for mapped occupations, and completion data above against your cost and career target.

Institutions

Information about the types of higher education institutions that grant degrees in Mathematical Economics and the types of students that study this field.

Tuition Costs for Common Institutions

$8,769 Median In-State Public

$44,877 Median Out of State Private

Tuition costs for Mathematical Economics majors are, on average, $8,769 for in-state public colleges, and $44,877 for out of state private colleges.

Tuition costs comparison for Mathematical Economics programs.

Degrees Awarded Over Time

141 Total Degrees Awarded in 2023

This chart shows the number of degrees awarded in Mathematical Economics from 2015 to 2023.

Historical trend of degrees awarded in Mathematical Economics.

Top 5 Schools by Enrollment

# School State Enrollment
1 Marquette University WI 7,238
2 State University of New York at Oswego NY 5,618
3 Saint Peter's University NJ 1,939

Schools with the largest enrollment offering Mathematical Economics programs.

Top 5 Most Affordable Tuition

# School State Tuition
1 State University of New York at Oswego NY $8,769
2 Saint Peter's University NJ $41,054
3 Marquette University WI $48,700

Schools with the lowest tuition costs for Mathematical Economics programs.

Top 5 Lowest Net Price

# School State Net Price
1 Saint Peter's University NJ $12,973
2 State University of New York at Oswego NY $17,231
3 Marquette University WI $29,237

Schools with the lowest average net price for Mathematical Economics programs.

Graduation Rates

59.36% Median Graduation Rate (150% of normal time)

57.43% Average Graduation Rate

144 Institutions Reporting

43.88% - 71.16% Interquartile Range

Graduation/completion rates for Mathematical Economics programs across institutions.

Related specializations

Other NCES program codes in the 00.30 CIP family with dedicated pages on EDsmart Data.

Careers & Jobs

Occupations linked to this major in our degree→career mapping, with wages and employment from processed BLS career profiles in this repo.

Across these BLS occupations, employment-weighted mean pay is about $133,575. Figures are national OEWS estimates for the occupation—not earnings of Mathematical Economics graduates alone.

Related occupations (BLS OEWS)

Occupation Mean annual wage U.S. employment
Economists$128,98315,880
Personal Financial Advisors$173,641270,480
Financial Analysts$131,249340,580
Economics Teachers, Postsecondary$155,41212,420
Mathematical Science Teachers, Postsecondary$148,56148,820
Chefs and Head Cooks$73,379182,320

Open each occupation for full career profile charts and industry breakdowns on EDsmart Data.

Employment

Wages and industry mix below use BLS OEWS data for occupations linked to this major in our mapping—not a graduate earnings survey.

Yearly Income for Common Jobs

$131,255 Average Wage in Workforce

The average salary for Mathematical Economics majors is $131,255.

Average annual salaries of the most common occupations for Mathematical Economics majors.

Occupations by Share

107,500 2023 Workforce

The number of Mathematical Economics graduates in the workforce has been growing.

Various jobs filled by those with a major in Mathematical Economics by share of the total number of graduates.

Diversity

Demographic information for those who earn a degree in Mathematical Economics in the United States.

Workforce Age

N/A Average Age in 2023

This chart shows distribution of ages for employees with a degree in Mathematical Economics.

Age distribution for Mathematical Economics degree holders in the workforce.

Gender Distribution

Gender distribution data is not available for this degree program.

Gender distribution of Mathematical Economics degree recipients.

Race and Ethnicity Distribution

Race and ethnicity distribution data is not available for this degree program.

Racial and ethnic distribution of Mathematical Economics degree recipients.

Degrees Awarded

The most common degree types awarded to students graduating in Mathematical Economics are Bachelors Degree, Masters Degree, and Associates Degree.

Distribution of degree types awarded in Mathematical Economics.

Skills

Data on the critical and distinctive skills necessary for those working in the Mathematical Economics field from the Bureau of Labor Statistics.

Required Skills

Mathematical Economics majors need many skills, but most especially Critical Thinking, Active Listening, and Reading Comprehension.

Rating of how necessary various skills are for Mathematical Economics majors.

Skills Bar Chart

This bar chart shows the same information as the radar chart, displaying the importance of each skill.

Skill importance ratings for Mathematical Economics majors.

About

Mathematical Economics

In 2023, 141 degrees were awarded across all undergraduate and graduate programs in Mathematical Economics.

CIP Code

00.3049 - Mathematical Economics

What the data shows

Mapped BLS occupations show employment-weighted mean pay of about $133,575. The largest mapped role by headcount is Economists (15,880 U.S. jobs in OEWS).

Published tuition medians in College Scorecard land at $8,769 in-state at public colleges and $44,877 at private institutions for programs in this field.

Data Sources

This page uses data from the following sources:

  • College Scorecard - U.S. Department of Education
    • Institutional characteristics, costs, completion rates, and earnings data
    • Data years: 2015-2024
    • Source: collegescorecard.ed.gov
  • Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS)
    • Employment and wage data by occupation
    • Latest data: May 2024
    • Source: bls.gov/oes
  • O*NET Online - U.S. Department of Labor
    • Occupational skills, knowledge, abilities, and work activities
    • Database version: 28.0 (August 2023)
    • Source: onetcenter.org
  • IPEDS (Integrated Postsecondary Education Data System) - National Center for Education Statistics
    • Institutional data, completions, enrollment, and financial aid
    • Data years: 2015-2024
    • Source: nces.ed.gov/ipeds
  • Census Bureau American Community Survey (ACS)
    • Demographic and workforce data
    • Latest data: 2023 ACS 5-Year Estimates
    • Source: census.gov/acs

Data Processing: All data has been processed, cleaned, and aggregated for presentation. Where specific data points are unavailable, estimates are based on available data and clearly marked.

Last Updated: Data reflects the most recent available information as of January 2025.

Methodology

Data for this profile is sourced from the U.S. Department of Education's College Scorecard dataset, IPEDS completion data, and Bureau of Labor Statistics employment data.

All financial figures are adjusted for inflation and represent the most recent available data. Employment and wage data are from the most recent Census Bureau ACS PUMS estimates.