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Best colleges for Business/Managerial Economics

Ranked by graduate earnings

The top bachelor's colleges for Business/Managerial Economics by graduate earnings are Washington University in St Louis ($106,701), Lehigh University ($81,796) and Brigham Young University ($75,227), based on median earnings one year after graduation (often called starting salary), College Scorecard, among programs with at least 20 graduates a year, excluding online, degree-completion and graduate-only schools and those with a graduation rate under 30%.

  1. Washington University in St Louis (St. Louis, MO): $106,701, 31 graduates a year
  2. Lehigh University (Bethlehem, PA): $81,796, 46 graduates a year
  3. Brigham Young University (Provo, UT): $75,227, 66 graduates a year
  4. Bentley University (Waltham, MA): $68,627, 32 graduates a year
  5. Seton Hall University (South Orange, NJ): $66,877, 22 graduates a year

Compare 194 U.S. colleges offering Business/Managerial Economics by graduate earnings, cost, and outcomes. Federal data across 41 states.

Business/Managerial Economics programs report median earnings one year after graduation (often called starting salary) of $52,087 (College Scorecard, 2019), and map to CIP 52.06 and the Economists occupation (BLS SOC).

Institutions
194
offering CIP 52.06
States & territories
41
with a program page
With earnings data
64
College Scorecard
Degrees / yr
3,971
IPEDS completions 2024–25
Median starting salary
$52,087
1 yr after graduation, College Scorecard
US pay · Economists
$142,130
BLS OEWS May 2025

About Business/Managerial Economics programs

The Business/Managerial Economics program focuses on applying economic methods to enhance organizational decision-making processes. It equips students with the tools to analyze the production, distribution, and consumption of goods and services, making it ideal for those interested in understanding market dynamics and resource allocation within businesses.

Learn more about Business/Managerial Economics →

What you'll learn

Students will develop critical skills in mathematics, economics, and data analysis. Coursework typically covers economic theories, statistical techniques, and the socioeconomic impacts of public policies, preparing graduates to tackle real-world business challenges effectively.

Top 25 bachelor's programs, ranked by graduate earnings

Ranked by median earnings one year after graduation (often called starting salary), College Scorecard, predominant credential. Programs with fewer than 20 graduates a year, a graduation rate under 30%, or online, degree-completion or graduate-only status rank after the rest.

Starting salary (1 yr): median earnings one year after graduation (often called starting salary), College Scorecard.
#InstitutionStarting salary (1 yr)Graduates / yrGrad rateNet priceMedian debt
1Washington University in St Louis
St. Louis, MO Private not-for-profit · Bachelor's degree
$106,7013194%$14,126—
2Lehigh University
Bethlehem, PA Private not-for-profit · Bachelor's degree
$81,7964688%$26,912$23,240
3Brigham Young University
Provo, UT Private not-for-profit · Bachelor's degree
$75,2276681%$13,712—
4Bentley University
Waltham, MA Private not-for-profit · Bachelor's degree
$68,6273287%$31,677$27,000
5Seton Hall University
South Orange, NJ Private not-for-profit · Bachelor's degree
$66,8772269%$27,376$21,522
6University of Miami
Coral Gables, FL Private not-for-profit · Bachelor's degree
$63,6622884%$26,589$15,625
7University of South Carolina-Columbia
Columbia, SC Public · Bachelor's degree
$62,6923679%—$25,000
8Ohio State University
Columbus, OH Public · Bachelor's degree
$61,9797488%—$19,500
9Loyola University Chicago
Chicago, IL Private not-for-profit · Bachelor's degree
$61,3333173%$33,454$21,574
10Miami University - Oxford
Oxford, OH Public · Bachelor's degree
$60,5965280%—$24,000
11North Carolina State University at Raleigh
Raleigh, NC Public · Bachelor's degree
$60,3697685%—$23,250
12CUNY Bernard M Baruch College
New York, NY Public · Bachelor's degree
$57,9097172%—$12,000
13University of Arizona
Tucson, AZ Public · Bachelor's degree
$56,1143968%—$21,375
14University of Dayton
Dayton, OH Private not-for-profit · Bachelor's degree
$55,8713780%$28,560$24,548
15University of Oklahoma-Norman Campus
Norman, OK Public · Bachelor's degree
$55,4602675%—$17,800
16Wheaton College
Wheaton, IL Private not-for-profit · Bachelor's degree
$55,3006185%$23,461$24,000
17University of Arkansas
Fayetteville, AR Public · Bachelor's degree
$54,4712871%—$19,500
18Westmont College
Santa Barbara, CA Private not-for-profit · Bachelor's degree
$54,4576570%$28,035$25,000
19Chapman University
Orange, CA Private not-for-profit · Bachelor's degree
$54,0644582%$42,965$22,977
20University of North Texas
Denton, TX Public · Bachelor's degree
$54,0582661%—$14,125
21The University of Texas at Arlington
Arlington, TX Public · Bachelor's degree
$53,9842754%—$16,063
22DePaul University
Chicago, IL Private not-for-profit · Bachelor's degree
$53,6822468%$28,141$21,666
23Grand Valley State University
Allendale, MI Public · Bachelor's degree
$53,5362567%—$25,000
24Marquette University
Milwaukee, WI Private not-for-profit · Bachelor's degree
$53,3452083%$25,376$24,500
25University of Georgia
Athens, GA Public · Bachelor's degree
$53,09418390%—$22,419

Top 2 certificate and associate programs

Shorter credentials, ranked separately so they are not compared with four-year degrees. Ranked by median earnings one year after completion (often called starting salary), College Scorecard.

Starting salary (1 yr): median earnings one year after graduation (often called starting salary), College Scorecard.
#InstitutionStarting salary (1 yr)Graduates / yrGrad rateNet priceMedian debt
1Weber State University
Ogden, UT Public · Associate degree
$58,0726746%—$13,500
2Northern Arizona University
Flagstaff, AZ Public · Certificate
$51,3297461%—$23,021

Specializations within Business/Managerial Economics

1 of the 1 6-digit CIP codes under CIP 52.06 have U.S. graduates (NCES CIP 2020, IPEDS 2024–25). Each links to its own page, ranked by graduates.

Offered across 41 states & territories

The same program, compared state by state. Pick a state for in-state earnings and institutions.

StateInstitutionsMedian earningsTop institution by earnings
Missouri5$106,701Washington University in St Louis
Pennsylvania16$82,212Villanova University
Utah3$75,227Brigham Young University
Massachusetts5$68,627Bentley University
New Jerseylimited2$66,877Seton Hall University
South Carolina7$62,692University of South Carolina-Columbia
Ohio12$60,236Ohio State University
Arizona3$56,114The University of Arizona Global Campus
Oklahoma3$55,460University of Oklahoma-Norman Campus
Illinois7$55,300Loyola University Chicago
Arkansas5$54,471University of Arkansas
Wisconsin4$54,111Beloit College
Texas19$53,984University of North Texas
Michigan5$53,536Grand Valley State University
Virginia6$52,087Hampden-Sydney College
California10$52,029Westmont College
Kentucky3$51,081University of Kentucky
Georgia8$49,368University of Georgia
Colorado3$48,389Colorado State University Pueblo
Mainelimited2$48,263University of Maine at Farmington
Florida6$47,648University of Miami
Idaho3$46,511Boise State University
South Dakotalimited1$45,123South Dakota State University
Tennessee7$44,025The University of Tennessee-Knoxville
North Carolina5$43,826North Carolina State University at Raleigh
Louisiana7$42,491Louisiana State University and Agricultural & Mechanical College
New York10$40,517CUNY Bernard M Baruch College
Puerto Ricolimited2$38,577Universidad Ana G. Mendez-Cupey Campus
Alabama5——
Connecticutlimited1——
Indiana3——
Iowalimited2——
Kansas3——
Marylandlimited1——
Mississippi4——
Nebraskalimited1——
North Dakotalimited1——
Oregonlimited1——
Washingtonlimited1——
West Virginialimited1——
Wyominglimited1——

Careers & outlook

The payoff after graduation: occupation 19-3011, Economists, and its national outlook.

Graduates of the Business/Managerial Economics program can expect a career outlook with little or no change, featuring approximately 900 annual openings. The median wage for professionals in this field is around $115,440, with a typical educational requirement of a Master's degree.

Projected growth (2024–2034)
+1.2%
Little or no change
Openings / yr (US)
~900
BLS Employment Projections
US median wage
$115,440
typically Master's degree
National employment
17,790
Economists
US average pay
$142,130
annual, BLS OEWS May 2025
US median pay
$124,720
annual

Top-paying metros

New York-Newark-Jersey City, NY-NJ
$184,860avg
Washington-Arlington-Alexandria, DC-VA-MD-WV
$166,140avg
Durham-Chapel Hill, NC
$159,310avg
St. Louis, MO-IL
$156,690avg
Los Angeles-Long Beach-Anaheim, CA
$155,860avg

Related careers

Management Analysts
$113,790 avg · 898,280 jobs
Financial Risk Specialists
$124,420 avg · 63,850 jobs
Economists
$142,130 avg · 17,790 jobs
Economics Teachers, Postsecondary
$138,850 avg · 11,560 jobs
Survey Researchers
$79,580 avg · 8,290 jobs

CIP-to-SOC crosswalk for Business/Managerial Economics

The SOC occupations NCES officially maps to CIP 52.06.

Under the NCES CIP 2020 to SOC 2018 crosswalk, CIP 52.06 (Business/Managerial Economics) maps to 5 Standard Occupational Classification (SOC) occupations, the jobs the U.S. Department of Labor links to this field of study.

SOC codeOccupation
13-1111Management Analysts
13-2054Financial Risk Specialists
19-3011Economistsprimary
19-3022Survey Researchers
25-1063Economics Teachers, Postsecondary

Source: National Center for Education Statistics, CIP 2020 to SOC 2018 Crosswalk.

Skills & knowledge in Business/Managerial Economics programs

From the U.S. Dept. of Labor for the occupation this program most leads to.

Skills you'll build

Critical Thinking
Mathematics
Reading Comprehension
Speaking
Active Listening
Writing
Active Learning
Monitoring

Knowledge areas

Mathematics
Economics and Accounting
English Language
Computers and Electronics
Education and Training
Communications and Media

What graduates do on the job

  • Study economic and statistical data in area of specialization, such as finance, labor, or agriculture.
  • Compile, analyze, and report data to explain economic phenomena and forecast market trends, applying mathematical models and statistical techniques.
  • Study the socioeconomic impacts of new public policies, such as proposed legislation, taxes, services, and regulations.
  • Explain economic impact of policies to the public.
  • Review documents written by others.
  • Provide advice and consultation on economic relationships to businesses, public and private agencies, and other employers.

Common questions

What is Business/Managerial Economics?+

It is a program that applies economic principles to improve decision-making in organizations.

What skills will I learn?+

You will gain skills in critical thinking, mathematics, data analysis, and effective communication.

What is the job outlook for this field?+

The job outlook shows little or no change, with about 900 annual openings.

What is the average salary for graduates?+

The median wage for professionals in this field is approximately $115,440.

How much do Business/Managerial Economics graduates earn?+

Business/Managerial Economics graduates report median earnings one year after graduation (often called starting salary) of $52,087, College Scorecard (2019); the Economists occupation pays about $142,130 on average nationally (BLS OEWS May 2025).

What is the CIP code for Business/Managerial Economics?+

Business/Managerial Economics maps to CIP 52.06 in the Classification of Instructional Programs (CIP), the U.S. Department of Education taxonomy used for College Scorecard Field of Study earnings and IPEDS completions.

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About the data on this page

Every figure comes from an official federal or public source. Here is each one and the release it is currently on.

IPEDSFall 2025–26 release, published July 28, 2026
Enrollment, completions, graduation rates, tuition, financial aid, staffing, and finance for every U.S. institution in federal student aid programs.
College ScorecardJune 10, 2026 release (merged 2025–26 files)
Institution and field-of-study costs, graduate earnings, debt, completion, and admissions outcomes compiled from federal aid records, tax data, and IPEDS.
PSEO graduate earnings2019–21 graduation cohorts (release V4.13.0)
Earnings and employment outcomes of graduates by institution, degree level, and field of study, measured from state wage records.
BLS wages & outlookOEWS May 2025 release
Occupational employment and wage estimates plus 10-year job outlook, used to connect programs to real-world earnings.
FVT/GE program performanceProvisional preview, May 18, 2026 release
Program-level debt-to-earnings and earnings-premium measures behind the FVT/GE and STATS accountability frameworks.

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