Maryland·Life, Physical, and Social Science Occupations·SOC 19-3011

Best Economist programs in Maryland, ranked by enrollment

Conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy.

17 schools in Maryland run programs that feed this job, graduating 1,281 people a year. The job pays a median of $144,680 in Maryland across about 1,130 jobs (BLS OEWS May 2025).

Also calledEconomistEconomic AnalystForensic EconomistResearch EconomistResource EconomistEconomic ConsultantEnvironmental EconomistNatural Resource Economist
Graduates / yr
1,281
in Maryland
Median pay · Maryland
$144,680
BLS OEWS May 2025
Jobs in state
1,130
people employed
Schools
17
with a feeder program
Avg graduation rate
66%
across those schools
Median net price
$23,136
per year, IPEDS

Fields of study in Maryland that lead to this job

Grouped at the 4-digit CIP level. Numbers are graduates per year in this state.

7 programs in Maryland that lead to this job

Ranked by graduates per year in Maryland (IPEDS completions). Graduate earnings and debt are national College Scorecard figures reported at the 4-digit CIP level, so specializations within one field share a figure. Each program also links to its own Maryland page.

Degree programs that lead to this occupation, ranked by graduates per year
#ProgramGraduates / yrShare of pipelineSchoolsGrad earnings (1 yr)Median debt
1
CIP 45.0603In Maryland
974
76.0%
5$51,725$22,907
2
CIP 45.0601In Maryland
181
14.1%
11$51,725$22,907
3
CIP 27.0305In Maryland
39
3.0%
2$60,930$21,143
4
CIP 30.4901In Maryland
26
2.0%
1
5
CIP 01.0103In Maryland
23
1.8%
1$47,242$19,964
6
CIP 52.0601In Maryland
20
1.6%
1$53,269$21,962
7
CIP 51.2007In Maryland
18
1.4%
2$48,728$23,761

Top 17 schools in Maryland

Ranked by graduates per year into this job. Graduate earnings are reported for 7 of the 17 schools in this state.

Schools ranked by graduates per year into this occupation
#SchoolGraduates / yrTop feeder programGrad earnings (1 yr)Grad rateNet priceAcceptance
1Johns Hopkins University
Baltimore, MD Private not-for-profit · 3 feeder programs
411Econometrics and Quantitative Economics$78,18194%$11,8886%
2University of Maryland - College Park
College Park, MD Public · 3 feeder programs
396Econometrics and Quantitative Economics$58,65089%45%
3University of Maryland - Baltimore County
Baltimore, MD Public · 1 feeder programs
126Econometrics and Quantitative Economics$54,85970%72%
4United States Naval Academy
Annapolis, MD Public · 2 feeder programs
123Econometrics and Quantitative Economics93%9%
5Frostburg State University
Frostburg, MD Public · 1 feeder programs
85Economics, General50%89%
6Towson University
Towson, MD Public · 1 feeder programs
36Economics, General$50,91069%82%
7Loyola University Maryland
Baltimore, MD Private not-for-profit · 2 feeder programs
31Business/Managerial Economics79%$26,58575%
8Salisbury University
Salisbury, MD Public · 1 feeder programs
18Econometrics and Quantitative Economics68%87%
9St. Mary's College of Maryland
St. Mary's City, MD Public · 1 feeder programs
14Economics, General$51,48370%69%
10Goucher College
Baltimore, MD Private not-for-profit · 1 feeder programs
11Economics, General$46,77457%$22,66778%
11Washington College
Chestertown, MD Private not-for-profit · 1 feeder programs
11Economics, General$50,83565%$24,97357%
12University of Maryland, Baltimore
Baltimore, MD Public · 1 feeder programs
6Pharmacoeconomics/Pharmaceutical Economics
13Mount St. Mary's University
Emmitsburg, MD Private not-for-profit · 1 feeder programs
4Economics, General65%$23,13674%
14Morgan State University
Baltimore, MD Public · 1 feeder programs
3Economics, General41%82%
15Hood College
Frederick, MD Private not-for-profit · 1 feeder programs
2Economics, General57%$23,24478%
16McDaniel College
Westminster, MD Private not-for-profit · 1 feeder programs
2Economics, General63%$18,98878%
17Prince George's Community College
Largo, MD Public · 1 feeder programs
2Economics, General18%

All 17 schools in Maryland

Every school in Maryland with a program that feeds this job, ordered by graduates per year. Earnings are shown for the ranked schools above; open a school profile for the rest.

All schools in Maryland that feed this occupation
SchoolCityControlGraduates / yrFeeder programs
Johns Hopkins UniversityBaltimorePrivate not-for-profit4113
University of Maryland - College ParkCollege ParkPublic3963
University of Maryland - Baltimore CountyBaltimorePublic1261
United States Naval AcademyAnnapolisPublic1232
Frostburg State UniversityFrostburgPublic851
Towson UniversityTowsonPublic361
Loyola University MarylandBaltimorePrivate not-for-profit312
Salisbury UniversitySalisburyPublic181
St. Mary's College of MarylandSt. Mary's CityPublic141
Goucher CollegeBaltimorePrivate not-for-profit111
Washington CollegeChestertownPrivate not-for-profit111
University of Maryland, BaltimoreBaltimorePublic61
Mount St. Mary's UniversityEmmitsburgPrivate not-for-profit41
Morgan State UniversityBaltimorePublic31
Hood CollegeFrederickPrivate not-for-profit21

What economists earn in Maryland

What people already working in this job earn (BLS OEWS May 2025). Not graduate earnings.

Median annual in Maryland
$144,680
Mean annual
$146,600
Jobs in state
1,130
What the range looks like
10th pct$93,710Median$144,68090th pct$195,190
Versus the national median
+16.0%

U.S. median $124,720. Maryland pays above the national figure.

Job concentration
3.56×

Concentrated here: Maryland employs more of this job per worker than the U.S. average.

Metro areas in Maryland

Baltimore-Columbia-Towson, MD
$152,730median
110 jobs

Job outlook

Bureau of Labor Statistics Employment Projections, 2024 to 2034.

Projected growth 2024–34
+1.2%
Little or no change
Openings per year
900
new jobs plus replacements
Employment change
200
17,600 → 17,800
Typical entry education
Master's degree

Growth and openings are national. The Bureau of Labor Statistics does not publish employment projections at state level, so these figures describe the occupation across the whole U.S., not this state alone.

How to get in

The full skills, tools, and day-to-day breakdown lives on the national Economists page.

How to become a Economist

Job zone 5 of 5 · SVP 8.0 and above
Typical entry education
Master's degree

Most of these occupations require graduate school. For example, they may require a master's degree, and some require a Ph.D., M.D., or J.D. (law degree).

Extensive skill, knowledge, and experience are needed for these occupations. Many require more than five years of experience. For example, surgeons must complete four years of college and an additional five to seven years of specialized medical training to be able to do their job.

Employees may need some on-the-job training, but most of these occupations assume that the person will already have the required skills, knowledge, work-related experience, and/or training.

Top skills

Reading ComprehensionCritical ThinkingWritingMathematicsActive ListeningActive Learning

The same job in other states

Where else this occupation employs the most people, and what it pays there.

Related careers in Maryland

Every major mapped to this job

The official federal mapping behind the rankings above.

All 16 majors mapped to Economists16 of them graduated someone in the latest IPEDS year. NCES CIP 2020 → SOC 2018 crosswalk.+
  • 01.0103Agricultural Economics
  • 03.0204Environmental/Natural Resource Economics
  • 27.0305Financial Mathematics
  • 30.3901Economics and Computer Science
  • 30.4001Economics and Foreign Language/Literature
  • 30.4901Mathematical Economics
  • 30.5101Philosophy, Politics, and Economics
  • 45.0601Economics, General
  • 45.0602Applied Economics
  • 45.0603Econometrics and Quantitative Economics
  • 45.0604Development Economics and International Development
  • 45.0605International Economics
  • 45.0699Economics, Other
  • 45.1004Political Economy
  • 51.2007Pharmacoeconomics/Pharmaceutical Economics
  • 52.0601Business/Managerial Economics

Common questions

Answers for people weighing economists programs in Maryland.

What degree do you need to become an Economist?+

Master's degree is the typical entry-level education BLS reports for this occupation. The most common program people actually graduate from is Econometrics and Quantitative Economics, which awarded 974 degrees in Maryland in 2024-25, 76.0% of everyone graduating from a program that feeds this career.

Which college majors lead to becoming an Economist?+

The NCES CIP-to-SOC crosswalk maps 7 programs to this occupation. The largest are Economics, Applied Mathematics, Mathematical Economics, Agricultural Business and Management, plus 2 more. Together they graduate about 1,281 people a year in Maryland.

How much do economists earn in Maryland?+

The median is $144,680 a year (BLS OEWS May 2025). That is 16.0% above the U.S. median of $124,720. This is pay for people already working in the occupation, not the same thing as graduate earnings one year after finishing a degree.

Is demand for economists growing?+

BLS projects a +1.2% change in employment between 2024 and 2034, little or no change, with roughly 900 openings a year nationally once retirements and job changes are counted.

How many schools offer programs for this career in Maryland?+

17 institutions in Maryland reported graduates from at least one of the 7 programs that feed this occupation in IPEDS 2024-25. Rankings on this page use graduates per year, because the federal data publishes no enrollment count by program.

What other job titles do economists work under?+

Employers advertise this work under many names. O*NET records Economist, Economic Analyst, Forensic Economist, Research Economist, Resource Economist, Economic Consultant among the most commonly reported, all mapping to SOC 19-3011.

About the data on this page

Rankings use IPEDS completions 2024–25, degrees awarded per year. That is the closest federal measure of how many people a program puts into a career, because no federal dataset publishes enrollment by program. Wages and employment come from BLS OEWS May 2025, growth and openings from BLS Employment Projections 2024-34, and which majors lead to which jobs from the NCES CIP 2020 to SOC 2018 crosswalk. Occupation descriptions, tasks, skills and tools are O*NET 30.3 (CC BY 4.0, U.S. Department of Labor/ETA).

  • BLS Occupational Employment & Wage Statistics

    May 2025

    Wages, employment counts, location quotients and metro breakdowns.

  • BLS Employment Projections

    2024–34

    Projected growth, annual openings and typical entry-level education.

  • IPEDS Completions

    2024-25 (provisional)

    Graduates per year by program and institution — the ranking metric.

  • College Scorecard, Field of Study

    2020-21 cohorts

    Median graduate earnings one year after completion, and median debt.

  • Census Post-Secondary Employment Outcomes

    latest available

    Graduate earnings 1/5/10 years out, where the state participates.

  • NCES CIP 2020 and the CIP-to-SOC 2018 crosswalk

    CIP 2020 / SOC 2018

    Which college programs officially lead to this occupation.

  • O*NET Database 30.3

    30.3

    Tasks, skills, knowledge, tools, job zone and alternate job titles.

    Official source →CC BY 4.0, U.S. Department of Labor / ETA

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