15 Best Online Real Estate Degrees for 2020

online real estate degree programs

For those interested in real estate and who don’t want to attend a brick-and-mortar school, real estate online degrees eliminate the need to leave a person’s home. An online real estate degree can give people the opportunity to further their education who wouldn’t have been able to otherwise. When choosing one of the degrees in real estate online, a person has the potential to have a high salary. Selecting one of the online degrees in real estate, a person can partake in a career that’s competitive and very motivationally driven. 

Degrees in real estate online can help a person take on various types of jobs in real estate. For instance, degrees in real estate online can lead to a person becoming an agent or broker. A person can “flip” houses. Real estate degrees online can lead to jobs in commercial real estate. Real estate degrees online can also lead to jobs in residential real estate. Real estate online degrees can give a person the option to open up a firm as a broker. In other words, real estate degrees online lead to a number of job options. 

Methodology: Ranking the Best Online Degrees for Real Estate

Finding a quality online real estate degree does not have to be hard. Great Business Schools editors have sought out quality, accredited online bachelor’s degree programs for students who want to start a career in real estate, or to add credentials and advance. Programs are ranked by tuition cost, student satisfaction, and salary potential. 

1. Nova Southeastern University

Nova Southeastern University’s Huizenga College of Business and Entrepreneurship offers one of the best online degrees for real estate majors and students interested in a career in real estate. NSU’s best online real estate degree programs include a dual degree option that includes a Bachelor of Science/Master of Science in Real Estate Development degree program. Students enrolled in NSU’s best online real estate degrees can complete both real estate degrees in four years; for some students through this online/hybrid program. It is noted that the bachelor level degree can be in any major offered by Nova Southeastern University.

Nova Southeastern University (NSU) was established as a private institution of higher learning that was established in 1964. Nova’s campus is built on an old naval landing field that was used during WWII and is home to more than 20,200 students. 

Highlight Nova Southeastern University operates campuses in Dania Beach, North Miami Beach, and Tampa Bay, Florida.  
Degree BS/MS in Real Estate Development Online – hybrid

2. University of Alabama at Birmingham

The University of Alabama at Birmingham’s Collat School of Business offers one of the country’s best online real estate degree programs. UA Birmingham’s best online real estate degrees include a Bachelor of Science in Finance/Real Estate that can be completed entirely online. The best online degrees for real estate majors offered by UA Birmingham has received accreditation from the AACSB. Coursework for UA Birmingham’s bachelor’s degree in real estate includes International Finance, Business Communications, Principles of Real Estate, plus a strategic capstone in the area of business/real estate and management.

The University of Alabama (UA Birmingham) is a research institution of higher education that was chartered in 1969. The University of Alabama holds the distinction of being the largest employer in the state of Alabama. 

Highlight UA Birmingham began as an extension for an academic outreach program and is not a member school of the University of Alabama system.
Degree BS in Finance/Real Estate Online

3. Old Dominion University

Old Dominion University’s Strome College of Business offers an online Bachelor of Science degree program in Real Estate that is considered among the best online real estate degree programs available in the education marketplace. ODU’s best online degrees for real estate majors include classes in real estate like Real Estate Finance, Sales Management, and Real Estate Appraising, to name a few. Students attending Old Dominion University’s best online real estate degrees provide competitive internships, real-world projects, and invitations to national conferences regarding real estate development and economic development. ODU accepts transfer credits from incoming students on a case by case basis.

Old Dominion University was established in 1930. ODU’s school enrollment exceeds 24,000 and holds the distinction of being one of the largest student body’s in the state of Virginia. 

Highlight Old Dominion University originated as an academic extension of the College of William and Mary.
Degree BSBA in Real Estate Online

4. University of West Georgia

The University of West Georgia’s Department of Marketing and Real Estate offers a Bachelor of Business Administration (BBA) degree program with an emphasis in Real Estate that is considered among the best online real estate degree programs in the nation. UWG’s UWG’s best online real estate degrees prepares graduates for rewarding careers in appraising marketing, mortgage banking, investments, and real estate sales. Note, though, UWG’s best online degrees for real estate majors do require a few visits to campus; however, more than ¾ of the coursework can be completed online.

The University of West Georgia was established in 1906 and is a member school of the University of Georgia System. The University of West Georgia’s college-town campus serves nearly 14,000 students. Newt Gringrich was a history professor at the school in the 1970s. 

Highlight The University of West Georgia operates additional facilities in Douglasville and Newnan, Georgia.
Degree BBA in Real Estate Online 80%

5. Purdue University Global

Purdue University Global offers one of the nation’s best online real estate degree programs through its Bachelor of Science in Business Administration degree program in Real Estate. PG’s best online degrees for real estate majors require the completion of 180 credit units to graduate. PG’s best online real estate degrees have received accreditation from the Accreditation Council for Business Schools and Programs (ACBSP). Additionally, veterans and service members may receive academic credits for military training through the PME2Degree program. Graduates of Purdue University Global’s undergraduate business and real estate degree program enter the workforce as managers, service personnel, analysts, or sales professionals.

Purdue University Global was established in 2018. Purdue University Global began as the rebranding of the purchase of Kaplan University, the established for-profit learning center. 

Highlight Purdue University Global is the distance learning extension within the Purdue University system but operates independently of the university itself.
Degree BSBA in Real Estate Online

6. Clarion University

Clarion University of Pennsylvania offers a Real Estate BS in Business Administration that is recognized among the best online real estate degrees available for real estate majors. Clarion’s best online real estate degree programs include a curriculum of classes like Real Estate Law, Income Property Appraising, Investment Analysis, Property Management, and Real Estate Marketing, to name a few.  These best online degrees for real estate majors prepares degree candidates for rewarding careers as sales representatives, financial analysts, appraising, and property management, plus the educational requirements for those who wish to apply for their sales person’s or broker’s real estate license in Pennsylvania.

Clarion University of Pennsylvania (Clarion University) was established in 1867 and is a member school of the Pennsylvanian State System of Higher Education. Clarion’s College of Business Administration is accredited by the AASCB. Clarion’s rural campus is home to more than 4,200 students. 

Highlight Clarion University of Pennsylvania offers nearly 40 accredited degree programs through the school’s four colleges/schools.
Degree BSBA in Real Estate Online

7. Louisiana State University in Shreveport

Louisiana State University in Shreveport offers a BS in Finance/Real Estate that can be completed online and is one of the best online real estate degree programs in the nation. Degree candidates enrolled in LSUS’s best online degrees for real estate majors require the completion of 120 credit hours; however, up to 90 eligible credits may be applied towards the degree requirements. LSU Shreveport’s best online real estate degrees have received accreditation from the AACSB International – the Association to Advance Collegiate Schools of Business.

Louisiana State University (LSU Shreveport) was established as a public institution of higher education in 1967. LSU Shreveport’s urban campus serves more than 8,400 students who attend classes with a student to faculty ratio of 24 to 1. 

Highlight LSU Shreveport was initially a two-year school but now offers degrees at the undergraduate, graduate, and doctoral levels.
Degree BS in Finance/Real Estate Online

8. Fordham University

Fordham University’s School of Professional and Continuing Studies offers a Bachelor of Science (BS) completion degree program in Real Estate that can be finished 100% online and is ranked among the country’s best online real estate degrees. Students enrolled in Fordham University’s best online degrees for real estate majors graduate prepared to enter the workforce with a comprehensive understanding of the relevant real estate concepts of valuation, investment analysis, economics, law, and finance, to name a few. Fordham University’s best online real estate degree programs require the completion of coursework in Financial Modeling, Property Management, Global Markets, Finance, Feasibility Studies, and Accounting Essentials for Real Estate Professionals, among others.

Fordham University is a Jesuit Roman Catholic institution of higher education that was chartered in 1841. Fordham University is named for the Bronx neighborhood in which the campus is located. More than 15,500 students are enrolled in Fordham University. 

Highlight Fordham University is the oldest Catholic school in the Empire State of New York.
Degree BS in Real Estate Online (completion)

9. University of Memphis

The University of Memphis’ Department of Finance, Insurance, and Real Estate offers an AACSB accredited BBA – Bachelor of Business Administration degree program in Real Estate that is ranked among the country’s best online real estate degree programs. The best online real estate degrees provided by U of M offers a finance major with a combined real estate concentration. U of M’s best online degrees for real estate majors require students to complete 120 credit hours to graduate. Graduates of this real estate online degree find rewarding work in mortgage banking, valuation, sales, and real estate development.

The University of Memphis was established in 1912 by the state’s General Education Bill of 1909 as a teacher’s normal school. U of M is a research institution of higher learning with a student enrollment that is approximately 22,000. 

Highlight The University of Memphis’ campus is situated only a few miles from the downtown area of Memphis.
Degree BBA in Finance/Real Estate Online

10. University of California, San Diego

The University of California offers one of the nations’ best online degrees for real estate professionals. UC San Diego’s minor in Real Estate Development requires students to complete this 28-credit unit curriculum for the best online real estate degree programs – Urban Design, Land Use, Real Estate Regulation, Planning and Development, Finance & Investment, and Business Analytics to name a few. The best online real estate degrees offered by UC San Diego also requires degree candidates to complete a culminating senior capstone project with regard to real estate development and related topics.

The University of California (UC San Diego) was established in 1960 and is the 7th oldest member-school of the University of California system. UC San Diego’s urban campus covers more than 2,000 acres and serves more than 38,500.

Highlight US News recognizes UC San Diego among the top 10 public institutions of higher education in the nation.
Degree Real Estate Development Minor Online

11. University of Wisconsin-Whitewater

The University of Wisconsin Whitewater College of Business and Economics offers one of the nations’ best online real estate degrees for students interested in a real estate career. UW Whitewater’s best online degrees for real estate majors include a Bachelor of Science degree program in Finance and Real Estate. UW Whitewater’s best online real estate degree programs include coursework as follows – Investments, Real Estate Development, Estates, and Trusts, plus several calculus classes.

The University of Wisconsin Whitewater was established in 1960 and is a land-grant, sea-grant, and space-grant institution of higher education. UW Whitewater’s rural campus is home to more than 11,000 students supported by more than 1,000 academic staff members. 

Highlight UW Whitewater is a member school of the University of Wisconsin system.  
Degree BS in Finance/Real Estate Online

12. University of Alabama

The University of Alabama offers one of the best online real estate degree programs for those interested in a Real Estate Minor. UA Tuscaloosa’s best online real estate degrees require students to complete 15 credit units online, which fulfills the requirements to take the Alabama Real Estate Sales License examination. Additionally, graduates of UA Tuscaloosa’s best online degrees for real estate are qualified to partake in the school’s Certified Property Manager (CPM) accelerated degree program.

The University of Alabama is a sea-grant and space-grant institution of higher education that was established in 1820. UA is a sea-grant and space-grant university and one of the first schools established in the American Western Frontier and the only law school in the state to receive state funding. 

Highlight UA Tuscaloosa is organized into 13 colleges/schools and the largest of the Alabama public schools.
Degree Real Estate Minor Online

13. Liberty University

Liberty University offers one of the best online real estate degree programs for students interested in a professional real estate career. These best online real estate degrees include the Bachelor of Science degree program in Business Administration in Real Estate. Liberty’s best online degrees for real estate majors requires degree candidate to complete 120 credits. Liberty University allows up to 90 eligible credit units to be transferred towards academic credit.  Each class at Liberty runs eight weeks, and students graduate from the program on average in 3 ½ years.

Liberty University was established in 1971. Liberty University has an online enrollment that exceeds 93,000 students. Studies at Liberty have a conservative Christian view. 

Highlight Liberty is recognized among the largest Christian institutions of higher education in the world and in the United States.
Degree BSBA in Real Estate Online – transfer 75%

14. Ashford University

Ashford University’s Forbes’ School of Business and Technology offers a Bachelor of Arts (BA) degree program in Real Estate that is recognized among the best online degrees for real estate professionals in the country. Ashford’s best online real estate degrees have received accreditation from the IACBE – the International Accreditation Council for Business Education. Ashford University’s best online real estate degree programs require the completion of 120 credit units, although up to 90 credits may be eligible for transfer credits.

Ashford University was established in 2005 as a for-profit institution of higher education. Ashford University is organized into five colleges/schools. The school offers more than 50 online degree programs. 

Highlight Ashford University, through the Sharing Time and Resource (STAR) program, offers students volunteering experiences through the U. S.
Degree BA in Real Estate Online

15. Penn State World Campus

Penn State World Campus offers a Real Estate BS in Business that is recognized as one of the best online degrees for real estate majors in the country. PS World Campus requires degree candidates enrolled in its best online real estate degree programs must complete 120 credit units to graduate. PS World Campus’ best online real estate degrees allow students to individualize a business-focused curriculum that creates coursework to prepare for a specific real estate career. Graduates enter the workforce with refined skills in marketing, risk management, finance, accounting, and real estate valuations.

Penn State World Campus (PSWC) was established in 1998. Penn State World Campus offers both undergraduate and graduate programs, with a student enrollment that nears 15,000 students. US News recognized the school’s online bachelor’s programs among the top ten in the country. 

Highlight Penn State World Campus is Pennsylvania State University’s distance learning extension.
Degree BSB Individualized Online

Do I Need a Degree to Get a Job in Real Estate?

A person may question does real estate require a degree. While the answer for does real estate require a degree for an agent or broker is yes, a person can take on other jobs in real estate without a degree, such as a clerk.  

Jobs with a real estate degree include a broker or agent. A person could also choose real estate degree jobs as a consultant.

Jobs with a real estate degree can lead to jobs in either commercial or residential real estate. 

Keep in mind that jobs with a real estate degree can have a high earning potential. Real estate degree jobs give a person the opportunity to have a career where he or she is in charge. The earning potential for jobs for real estate majors depends on the person’s skill and ambition to partake in real estate transactions. Therefore, it’s a competitive field. 

Another factor to consider when looking at what jobs can you get with a real estate degree is the fact that jobs for real estate are available in all areas throughout the U.S. Additionally, what jobs can you get with a real estate degree are only expected to grow throughout the years. Therefore, jobs you can get with a real estate degree will be easier to obtain when more positions are available. Moreover, jobs you can get with a real estate degree give people job security. 

What Degree is Best for Real Estate Careers?

A person may way to know, “What degree is best for real estate.”

At an associate’s degree level, a person can a real estate college degree and choose to further his or her education.

When a person wants to earn a bachelor’s real estate college degree, a person has a few options, such as a business degree in real estate. Rather than work as an agent or a broker, this particular degree opens up opportunities to work with financial institutions that offer loans for real estate. 

Once a person decides on earning a real estate college degree or a business degree for real estate, a person has several options for career choices. A business real estate degree can help a person obtain a job with a mortgage company or investment management entities. A business real estate degree could also lead to a job with a property management company, appraisal firm, or residential brokerage firm. 

When a person inquires about what degree is best for real estate, a person may want to consider real estate development. When a person is looking for the best degree for real estate development, he or she will notice that this degree is only available at a master’s degree level. Before obtaining the best degree for real estate development, a person must earn an associate’s and bachelor’s in programs related to real estate. Once a person earns the best degree for real estate development, he or she will be able to become a real estate developer. 

What Kinds of Jobs are there in Real Estate?

Before a person earns a degree, he or she may wonder what are the options for real estate career paths. The most obvious options are a real estate agent or a broker. However, there are other professions in real estate, such as a real estate developer. Another one of the real estate career paths is a real estate developer. Professions in real estate also include working with banks, mortgage companies, and other financial institutions to help people acquire loans for real estate. Career options in real estate also include a real estate consultant, an appraiser, a leasing manager, a property manager, or a real estate zoning manager.  

When looking into the different types of careers in real estate, a person should think about what he or she would like to do. Some of the different career paths in real estate entail working with clients to find homes or sell homes. Some of the different types of careers in real estate entail owning a business and possibly having agents who work with the clients. Some of the different career paths in real estate work on the financial end or specializing in the appraisal process. 

Degrees in real estate online can lead to a promising future. The need for real estate agents is supposed to grow by seven percent from 2018 until 2028, as noted by the Bureau of Labor Statistics (BLS). Therefore, by earning one of the online degrees in real estate, a person can partake in a field that’s supposed to grow, which means job security. 

Carrie Morris
Author

Warren Dahl
Editor-in-Chief

25 Best Real Estate Degree Programs for 2020

real estate degree

Getting a degree in real estate offers an opportunity to gain specialized skills you can apply to your career. Depending on your plans for a career, you may consider a real estate business degree that emphasizes the commercial aspects of real estate. Alternatively, you can focus on residential real estate and develop skills designed to help with your long-term goals. “What can I do with a real estate degree” is a common question associated with undergraduate and graduate degree programs. What you can do with a degree in real estate depends on your personal interests. In general, a real estate degree offers opportunities to work in a brokerage, apartment management, property appraisement, and other careers related to the real estate industry. 

Determining what to do with a real estate degree varies based on the area of the industry that interests you as a professional. You can work in the legal field under a lawyer with a specialization in real estate law. You can also work in a real estate company and act as a broker for properties. The opportunities vary based on the interests of the individuals working in the real estate industry. The degree gives you a strong foundation in different skills and areas of the industry, which provides an opportunity to determine the best options for your goals.

Featured Programs

Methodology: Ranking the Best Real Estate Programs 

Choosing a degree program for real estate can be difficult, but Great Business Schools is primarily concerned with helping prospective students find the program that will help them make their career what they want. To that end GBS editors focus on accredited, reputable institutions that we rank according to solid facts, including cost, student reviews, and potential salary. Data comes from IPEDs, College Scorecard, and Niche. 

1. University of Pennsylvania

The University of Pennsylvania’s Real Estate Department in the Wharton School of Business offers a BBA degree – Bachelor of Business Administration with a concentration in Real Estate that is recognized among the best degrees for real estate in the nation. Penn’s best real estate programs include coursework like Real Estate Investments, Real Estate Entrepreneurship, Global Real Estate Risk and Politics, Housing Markets, Advanced Real Estate Investment Analysis, and Financing, plus an Independent Study for one credit unit. This best degree for real estate careers can also be earned with a dual concentration in finance.

Benjamin Franklin established the University of Pennsylvania in 1740. Penn operates four undergraduate colleges/schools, plus another twelve graduate colleges/schools. The school’s enrollment nears 22,000.

Highlight The University of Pennsylvania is considered a member school of the colonial colleges (nine) that were established before the American Revolution.
Degree BBA in Real Estate

2. University of California, Berkeley

The University of California’s Fisher Center for Real Estate & Urban Economics offers one of the best real estate programs through its Bachelor of Business Administration in Real Estate degree program. US News recognizes UC Berkeley’s best degrees for real estate among the top three programs in the country. Students enrolled in UC Berkeley’s best degree for real estate have the opportunity to participate in the URAP – the Undergraduate Research Apprentice Program. Students also have summer internships that often lead to future full-time employment.

UC Berkely – the University of California at Berkeley was chartered as a land grant university in 1868.  UC Berkeley holds the distinction of being the oldest member school in the University of California system. UC Berkeley is home to more than 43,000 students. 

Highlight UC Berkeley is often ranked among the top institutions of higher education across the globe.  
Degree BBA in Real Estate

3. Virginia Tech

Virginia Tech’s (VT) Pamplin College of Business offers a top 5 best degree for real estate programs in the country. Virginia Tech’s Bachelor of Science degree in Real Estate, as one of the best real estate programs available, includes coursework from the field of law, management, real estate, and finance. Students enrolled in VT’s best degrees for real estate programs receive mentorship experiences and internship opportunities to provide real-world applications to theoretical knowledge. Graduates enter the professional business workforce with the skills necessary to become real estate leaders of tomorrow. 

Virginia Tech is a senior military college that was established in 1872. VT is also a space-grant, sea-grant, and land grant institution of higher learning that operates six regional satellite facilities in Virginia and one international one in Switzerland. 

Highlight Virginia Tech offers more than 275 baccalaureate and graduate degree programs through its eight colleges/schools.
Degree BS in Real Estate

4. University of Texas at Austin

The University of Texas at Austin’s McCombs School of Business offers a Bachelor of Business Administration degree program in Finance with a Real Estate Track that is considered among the best degrees for real estate available. UT Austin’s best degree for real estate program gives students the opportunity to join the Undergraduate Real Estate Society. Coursework for one of the best real estate programs in the country includes Money & Banking, Capital Markets, Financial Analysis, and Intro to Urban Land Development.

UT Austin is a space-grant university that was established in 1883 by an act of the Texas Congress. UT Austin’s 425+-acre campus is home to approximately 52,000 students. TUT Austin operates the JJ Pickle Research Campus, which is situated in North Austin. 

Highlight UT Austin’s football team has won four national championships.  
Degree BBA in Real Estate

5. University of Wisconsin-Madison

The University of Wisconsin-Madison offers a Bachelor of Business Administration in Real Estate and Urban Land Economics that is considered among the best real estate programs available in the marketplace. UW Madison’s best degree for real estate programs is ranked second in the nation by US News (2016). Required coursework for UW Madison’s best degrees for real estate includes Real Estate Law, Valuation of Real Estate, Real Estate Finance, and Residential Property Development, among others

The University of Wisconsin-Madison was established under the Morrill Land Grand Act in 1848. UW Madison also holds the distinction of being the flagship campus of the University of Wisconsin system. The school’s campus is situated along the banks of Lake Mendota and is home to more than 30,000 students. 

Highlight The University of Wisconsin-Madison operates a 1,000+ acre arboretum established nearly 100 years ago.
Degree BBA in Real Estate and Urban Land Economics

6. University of Georgia

The University of Georgia’s Terry College of Business offers one of the nation’s best degree for real estate programs. UGA’s best real estate programs include a Bachelor of Business Administration (BBA) degree in Real Estate with a curriculum that includes Real Estate Investments, Real Estate Finance, Real Estate Valuation, and Real Estate Law, to name a few. Graduates from UGA’s best degrees for real estate programs enter the workforce as financial analysts, risk analysts, real estate apprentices/appraisers, or real estate agents, among others.

The University of Georgia holds the distinction of being a sun-grant, space-grant, land-grant, and sea-grant institution of higher education that was established in 1785. UGA operates a main campus in Athens, Atlanta, and Lawrenceville, plus two smaller facilities in Griffin and Tifton and several centers internationally. The school’s student enrollment exceeds 38,000. 

Highlight UGA is recognized among the oldest of universities in the United States and one of only several schools that hold four grants as a university.
Degree BBA in Real Estate

7. Indiana University

Indiana University’s Kelley School of Business offers one of the best degrees for real estate programs in the country. The best real estate programs offered by Indiana University include a Bachelor of Science in Business with an emphasis in Real Estate. IU’s best degree for real estate includes coursework as follows – Corporate Finance, Real Estate Finance, Real Estate Appraisal, Financial Accounting, and Investment Analysis, to name a few.  Students enrolled in IU’s real estate program must also choose three credit hours of electives that include Behavioral Finance, Derivative Securities, Working Capital Management, or Corporate Financial Strategy, among others.

Indiana University was charted in 1820. IU operates several campuses with two main campuses in Bloomington and Indianapolis and an additional seven academic facilities situated through the state of Indiana. 

Highlight Indiana University’s main campus is home to approximately 45,000 students, nearly half of the university’s total student enrollment of more than 110,000.
Degree BSB in Real Estate

8. University of Connecticut

The University of Connecticut’s School of Business offers one of the best real estate programs for undergraduates in the country. UConn offers a Bachelor in Business Administration degree program in Real Estate and Urban Economic Studies that is recognized among the best degrees for real estate majors. Students enrolled in UConn’s best degree for real estate programs can opt to study abroad in the United Kingdom, China, or Australia. Graduates of UConn’s undergraduate real estate program find rewarding work as financial analysts, asset managers, securities analysts, or informational analysts, to name a few.

The University of Connecticut is a research institution of higher learning that was established in 1881. In addition, UC is a land-grant, sea-grant, and space-grant school that is also the flagship university for the Nutmeg State of Connecticut. The school’s campus is home to approximately 32,000 students. 

Highlight UC’s campus is only 1.5 hours from Boston and about ½ hour from downtown Hartford.
Degree BBA in Real Estate

9. University of Southern California

The University of Southern California’s Price School of Public Policy offers a Bachelor of Science (BS) in Real Estate Development that is recognized among the best real estate programs in the nation. USC’s best degrees for real estate majors include the following coursework –  Real Estate Fundamentals, Urban Context, Statistics, Designing Livable Communities, Public Policy & Management, Business Finance, and Planning and Development. Additionally, USC’s best degree for real estate majors requires the completion of an internship experience and capstone laboratory/senior thesis.

The University of Southern California was charted as a sea-grant and space-grant university that was chartered in 1880. USC’s urban campus is home to more than 45,000 students. The school boasts that it is the birthplace of the Internet’s Domain Name System. 

Highlight The University of Southern California holds the distinction of being the oldest private institution of higher learning dedicated to research in the state of California.
Degree BS in Real Estate Development

10. Florida State University

Florida State University offers a BS in Real Estate that is considered among the best real estate programs for those interested in a real estate career. FSU’s best degree for real estate programs includes classes like Business Statistics, Organizational Behavior, Business Analytics, Risk Management, Marketing Concepts, and Financial Management, to name a few. Students enrolled in FSU’s best degrees for real estate have the opportunity to study abroad through the school’s Global Learning Initiative in places like the Netherlands, Germany, China, France, Finland, and South Korea.

Florida State University was chartered in 1851 and holds the distinction of being the senior member school of the Florida State University system. US News recognizes FSU among the top 20 public national universities. 

Highlight Florida State University is home to the only national-level laboratory in Florida and home of Taxol – an anti-cancer drug.
Degree BS in Real Estate

11. University of Houston

The  University of Houston’s Bauer College of Business offers one of the country’s best real estate programs for students who are intent on a real estate career. The University of Houston’s best degree for real estate majors includes a Bachelor of Business Administration (BBA) degree program in Real Estate. Coursework for one of the best degrees for real estate major includes Essentials of Real Estate, Real Estate Investments, Residential Real Estate and the Real Estate Market Analysis, to name a few. UH partners with many companies to offer great internships to its business/real estate majors.

The  University of Houston was charted in 1927 and is now the 3rd largest university in the Lone Star State of Texas. The school’s 650+ acre campus is home to approximately 43,000 students studying for degrees offered by the university’s fourteen schools/campus.

Highlight The approximate financial impact of the school on the state exceeds $3 billion.
Degree BBA in Finance/Real Estate

12. Texas Tech University

Texas Tech University offers a BBA in Finance and Real Estate that is recognized among the best real estate programs for students who wish to enter the real estate industry as a career. The coursework for TCU’s best degree for real estate majors includes Business Professionalism, Math Analysis I, Real Estate Fundamentals, Business Law, Statistics and Business, and Professional Communication, to name a few. Students enrolled in TCU’s best degrees for real estate must complete a total of 120 credit units to graduate.

Texas Tech University was chartered in 1923. The school’s campus is home to approximately 38,000 students studying for academic degrees offered through the university’s thirteen colleges/schools. TCU’s campus is also recognized among the most beautiful that is located to the west of the Mississippi River. 

Highlight Texas Tech University’s student enrollment is considered the 7th largest in the Lone Star State.
Degree BBA in Finance/Real Estate

13. Florida International University

Florida International University’s College of Business offers a Bachelor of Business Administration degree program in Real Estate recognized by many among the best degrees for real estate majors. Students enrolled in FIU’s best degree for real estate careers must complete 120 credit units with a grade of ‘C’ or higher to graduate. Graduates of FIU’s best real estate programs enter the workforce as a sales associate, broker, realtor, analyst, or office manager, to name just a few. Classes for this degree include Real Estate Principles, Finance, Real Estate Law, and International Real Estate, among others. 

Florida International University is a space-grant institution of higher education that was established in 1965. FIU is a member school of the Florida State University System and the only school designated by the state legislature as an emerging presence. 

Highlight Florida International University is now recognized as the 2nd largest university within the greater metropolitan area of Miami.
Degree BBA in Real Estate

14. University of Colorado, Boulder

The University of Colorado’s Leeds School of Business offers a Bachelor of Science in Business Administration degree program in Real Estate that is ranked among the best degrees for real estate students with a keen interest in a career in real estate. Required core classes for one of UC Boulder’s best real estate programs include Real Estate Finance, Real Estate Law, Real Estate Technology, Investment Analysis, and Real Estate Development, among others. Students enrolled in UC Boulder’s best degree in real estate program can opt to participate in the LEED Green Associate test.

The University of Colorado, Boulder, was chartered as a public institution of higher learning in 1876. UC Boulder’s 750+-acre campus is home to approximately 36,000 students studying for degrees offered by UC Boulder’s nine schools/colleges. 

Highlight The University of Colorado was established about ½ year prior to the state becoming a part of the union.
Degree BSBA in Real Estate

Featured Programs

15. Villanova University

Villanova University offers a BBA in Finance/Real Estate that is recognized among the best real estate programs for students interested in a real estate or finance career. Students attending Villanova’s best degree for real estate majors will complete coursework in Fixed Income Markets, Intermediate Corporate Finance, and Equity Markets, to name a few. Graduates of Villanova’s best degrees for real estate find rewarding careers as consultants, wealth managers, financial analysts, and equity traders, among other careers.

Villanova University was chartered in 1842. Villanova University is affiliated with the Augustinian Roman Catholic Church. Villanova University’s 250+ acre campus is home to more approximately 11,000 students and about 1,500 trees, which is the reason the campus was once referred to as Arboretum Villanova. 

Highlight Villanova University’s roots can be traced back to Philadelphia’s Old Augustine Church.
Degree BBA in Finance/Real Estate

16. Colorado State University

Colorado State University’s College of Business offers a best degree in real estate program through its Bachelor of Science in Business Administration degree program in Real Estate. Degree candidates of the CSU’s best real estate programs must complete coursework for a total of 120 credit units to graduate, of which 24 credit units must be dedicated real estate courses. Classes for Colorado State University’s best degrees for real estate programs include Strategic Management, Real Estate Investment, Supply Chain Management, Market Analysis, plus a real estate internship.

Colorado State University (CSU) was established under the Morrill Land Grant Act in 1870.  CSU’s urban campus in Fort Collins is home to approximately 34,000 students. CSU is organized into eight colleges/schools that offer degrees from more than 50 academic departments. 

Highlight Two former governors of the state of Colorado are CSU alumni.
Degree BSBA in Real Estate

17. Temple University

Temple University’s Fox School of Business offers a Bachelor of Business Administration degree program that is ranked among the best degrees for real estate majors. Temple University’s best degree for real estate majors requires the completion of 124 credit units to graduate. Coursework for Temple’s best real estate programs includes Real Estate Financial Modeling, Mortgage Markets, Real Estate Practice, Property Management, Real Estate Assets, and International Finance, among others. Additionally, students in this real estate program will complete their culminating capstone project senior year.

Temple University was chartered in 1884 as a private school but is now a public institution of higher learning.   Temple University’s downtown Philadelphia campus is home to approximately 39,000 students. Temple University operates international academic facilities in Tokyo, Japan, and Rome, Italy. 

Highlight The police force on the Temple University campus is the largest of its kind in the country.
Degree BBA in Real Estate

18. University of Central Florida

The University of Central Florida’s School of Real Estate offers a BSBA degree program – the  Bachelor of Science in Business Administration program – that is considered among the best degrees for real estate majors. Kiplinger & The Princeton Review recognize UCF’s best real estate programs available in the country. Classes provided through UCF’s best degrees for real estate include Finance, Quantitative Business Tools I, II, Supply Chain Management, Financial Planning, plus a capstone project completed during the student’s senior year. The AACSB accredits UCF’s business/real estate degree programs.

UCF – The University of Central Florida was established as a space-grant institution of higher education in 1963 by an act of the Florida Legislature. UCF’s 1,400+ urban campus is home to nearly 70,000 students. 

Highlight The University of Central Florida holds the distinction of having the largest student population of any solitary campus in the country.
Degree BSBA in Real Estate

19. University of Mississippi

The University of Mississippi offers one of the best degrees for real estate programs for candidates with a strong interest in a career in the real estate industry. Ole Miss’s Bachelor of Business Administration (BBA) degree program in Real Estate requires the completion of 120 credit units to graduate. Coursework for the University of Mississippi’s best real estate programs includes Finance, Investments, Economic Statistics, Business Calculus, and Management Strategies, to name a few. In addition, the best degree for real estate program offers degree candidates ample networking opportunities through the school’s Real Estate Advisory Board.

The University of Mississippi was established in 1848. Ole Miss’s rural campus is home to approximately 24,000 students.  Ole Miss operates satellite campuses in Grenada, Southaven, Tupelo and Booneville, MS. 

Highlight The University of Mississippi holds the distinction of having the largest student enrollment in the state of Mississippi.
Degree BBA in Real Estate

20. New York University

New York University’s School of Professional Studies offers a Bachelor of Science in Real Estate that is ranked among the best degrees for real estate majors interested in a real estate career. The best real estate programs offered by NYU require students to complete 128 credit units to graduate from the program. NYU’s best degree for real estate majors requires a graduation project as either an independent study, internship, or seminar. Classes include Critical Thinking, Mathematical Reasoning, Statistical Methods, Real Estate Law, and Real Estate Finance, to name just a few.

New York University was chartered in 1831 as a private university. NYU is a recognized global school with campuses in Brazil, Italy, England, Spain, France, Australia, and Israel, to name a few. The school’s campus in iconic Greenwich Village is home to nearly 52,000 students. 

Highlight NYU is recognized by many authorities among the top twenty universities in the world.
Degree BS in Real Estate

21. Emory University

Emory University’s Goizueta Business School offers one of the country’s best real estate programs for students who want to establish a real estate career. Emory University’s best degrees for real estate majors include a Bachelor of Business Administration in Finance & Real Estate degree program. Emory University offers the students enrolled in its best degree for real estate programs the opportunity to study abroad internationally South Korea, Linz, Austria, or Stockholm, Sweden. Graduates from Emory’s undergraduate real estate program find rewarding work in finance, consulting, education, technology, accounting, and construction, among other industries.

Emory University was chartered as a private school in 1836. Emory University remains affiliated with the United Methodist Church. The school’s suburban campus covers more than 600 acres and serves more than 15,400 students.

Highlight Emory University operates with nine academic colleges/schools that include a school of nursing, law, graduate, medicine, and Oxford College, to name a few.
Degree BBA in Finance/Real Estate

22. University of Missouri – Kansas City

The Henry W. Bloch School of Management offers the University of Missouri-Kansas City’s BBA in Real Estate that is recognized among the best real estate programs available in the education marketplace. The best real estate degree program offered by UMKC covers the topics of finance, health administration, marketing, nonprofit management, and real estate, among others. Real estate degree candidates enrolled in UMKC’s best degrees for real estate majors must complete real estate related classes like Real Estate Property Management, Entrepreneurial Finance, Real Estate Finance, and Real Estate Principles, among others.

The University of Missouri is a public institution of higher education that was chartered in 1933. UM, Kansas City UM Kansas City’s urban campus serves approximately 17,000 students. The school is organized twelve colleges and schools. 

Highlight The Princeton Review recognizes UM Kansas City as a best value public university.
Degree BBA in Real Estate

23. Southern Methodist University

Southern Methodist University’s Cox School of Business offers one of the nation’s best degrees for real estate majors through the school’s Bachelor of Business Administration (BBA) degree program in Real Estate. The core coursework required by degree candidates enrolled in SMU’s best real estate programs includes Business Statistics, Operations Management, Marketing, Business Law, and Strategic Management of a Global Economy, among others. Students attending SMU’s best degree in real estate program must also complete another 6-8 classes in the student’s real estate dedicated major.

Southern Methodist University is a private institution of higher education that was established in 1911. SMU was founded by the Methodist Episcopal Church, South and remains affiliated by the United Methodist Church. 

Highlight Southern Methodist University operates campuses in University Park and Plano, Texas, as well as Taos, NM. 
Degree BBA in Real Estate

24. University of Northern Iowa

The University of Northern Iowa’s Bachelor’s in Real Estate degree program is ranked as one of the best degrees for real estate majors in the nation. The best degree for real estate majors includes classes like Corporation Finance, Decision Analytics, Intro to Information Systems, Real Estate Appraising, Real Estate Law & Finance, and Advanced Financial Management, to name a few. UNI’s best real estate programs prepare graduates for rewarding careers in commercial real estate or residential real estate in the areas of lending, sales, finance, servicing, and property management.

The University of Northern Iowa is a public institution of higher learning that was established in 1876 as a state teacher’s college. UNI’s Cedar Falls’ urban campus covers more than 850 acres and serves approximately 10,400 students. 

Highlight The majority of students enrolled in UNI are from the state of Iowa.
Degree Bachelor’s in Real Estate

25. Georgia State University

Georgia State University’s Department of Real Estate offers one of the country’s best real estate programs for students with a strong interest in a real estate career. GSU’s best degrees for real estate majors include the Bachelor of Business Administration in Real Estate degree program. US News recognizes GSU’s best degree for real estate programs among the top ten in the nation. Students enrolled in GSU’s undergraduate real estate program must complete 122 credit units to graduate.

Georgia State University was chartered in 1913. GSU’s campuses serve nearly 53,000 students. Georgia State University is organized into 11 schools/colleges. The school’s student body is considered ethnically diverse. 

Highlight Georgia State University holds the distinction of being one of the four research universities that are a part of the University System of Georgia.
Degree BBA in Real Estate

How Do I Choose a College for Real Estate?

The process of choosing a college for a real estate degree depends on the needs of the individual and personal preferences. The best college for real estate is the option that fits your budget, offers quality education, and meets high standards for students. 

Good colleges for real estate will have accreditation to show that the school meets or exceeds educational standards for students. The accreditation may vary based on the school, so you want to focus on the top universities for real estate with accreditation from well-known organizations. 

While the best undergraduate real estate programs will have accreditation, you also want to focus on your personal priorities for the degree. The top real estate programs may offer specialized education for students in specific areas of real estate. If you are looking for the top college for real estate that applies to commercial or business properties, then you want to focus on schools that offer a concentration in commercial real estate or business real estate.

Good schools for real estate give you a strong foundation in the skills that you need for your career. When looking into different schools and options, you need to focus on the programs that fit your personal objectives for your career. Opt for a school that allows you to gain specialized skills or that offers concentrations in different areas of real estate. You can also focus on general real estate studies if you are not sure about your goals and need an overview to determine the options that fit your needs.

Are There College Majors in Real Estate?

When you are looking for a college major for real estate, you may have options that focus on real estate or you may need to focus on alternative degrees that offer specialized training in real estate. College real estate programs come in two variations: business degrees with a specialization in real estate or specialized real estate degrees. Universities that offer real estate degrees may also offer specialized concentrations in specific areas of real estate to further enhance your skills and give you specialized training.

When you are looking at undergraduate real estate programs, you want to pay attention to the details of the program name. Real estate majors in college may fall under a business degree or a related degree. If you notice that the degree is in business administration with a concentration in real estate, then the focus on the degree is the business side of real estate. 

Look for colleges that have real estate majors rather than concentrations in real estate under a different major. By focusing on schools with a major in real estate, you are able to get specialized training that applies specifically to the real estate industry. It gives you an overview of different areas of real estate and provides in-depth insights into the topics. Schools that do not have a specialized major in real estate may not offer the same level of education in the topic and may limit the amount of information related to the industry by focusing on other areas of business, finance, or related fields. You want to obtain a degree that gives you a strong foundation in real estate as an industry and helps you determine the appropriate career path based on your interests and your goals. Many colleges and universities offer programs in real estate at the undergraduate level to help you reach your career objectives.

Carrie Morris
Author

Warren Dahl
Editor-in-Chief

10 Most Affordable Actuarial Science Bachelor’s Programs for 2020

cost of actuary exams

One of the biggest concerns individuals have when attending college is the cost. However, it’s possible to save money on an actuarial science degree. For one, a person can look for cheap universities to study actuarial science. This is as simple as conducting a search for “cheap actuarial science degree in (your location).” Once you conduct your search, compare your options carefully based on the price. Keep in mind that some of the schools may not be cheap universities to study actuarial science.

A person has other ways to make earning an actuarial science degree more affordable. A person can apply for grants through the school, state and federal government, and private grants. It’s as simple as filling out an application in many cases. Another way to make earning an actuarial science degree more affordable is to look for scholarships, which are available through the school and private organizations. Finally, some employers may offer tuition reimbursement programs that will reimburse a person for a portion of the expense of his or her degree program. 

Methodology: Ranking the Most Affordable Actuarial Science Bachelor’s Degrees

Great Business Schools editors do not want to see good students choose bad programs, so our most affordable ranking is about more than just cost. All programs considered must be accredited and recognized for quality. For the ranking itself, though, schools are placed in order by cost, from IPEDS data. 

1. CUNY Brooklyn College

CUNY Brooklyn College offers the most affordable Actuarial Science, BS degree programs in the New York City area. Actuarial mathematics is based around risk and its potential to affect specific variables. Individuals who pursue this type of mathematics degree can become an analyst that works to predict various trends in employment, financial matters, and many other areas. With an affordable Actuarial Science, BS degree, students continue to take on new responsibilities and opportunities as they present themselves.

CUNY Brooklyn College offers affordable degree programs for veterans and other professionals who are looking to improve their skills so they can explore new job opportunities. The faculty and instructors at the college have years of experience in working as professional analysts or in other capacities where mathematics is required to evaluate and determine potential risk. With an affordable Actuary Sciences BS degree, students can gain the skills and experience they need to follow the career path of their choice.

Degree Actuarial Science, BS

2. Arizona State University

Arizona State University offers affordable Actuarial Science, BS degrees to students who are interested in working within the insurance industry as property and casualty analysts. An affordable Actuarial Science degree gives students the tools they need to identify potential risks and analyze the events that can increase your potential for financial loss. For students who want to pursue an Actuarial Science, BS degree in Mathematics, receiving their degree will open the door to their future.

Arizona State University is an award-winning university that offers students the tools they need to prepare them for a career in understanding risk and how to reduce the impact it has on specific situations. Faculty members offer hands-on experience as learning tools to teach students the skills they need to succeed. Every student receives an education that is designed to produce results and give students who graduate with their Actuarial Science BS degree an advantage as they enter the workforce.

Degree Actuarial Science, BS

3. University of Michigan – Flint

The University of Michigan – Flint offers affordable Actuarial Science, BS degrees to students who are exceptionally skilled when it comes to mathematics. With an Actuarial Science degree, students with strong skills in mathematics and business protocols can enter into careers that involve determining varying degrees of risk and how those risks will affect the world around them. Receiving an affordable Actuarial Science, BS degree is the first step in establishing yourself as a professional in a very lucrative profession.

The University of Michigan is one of the most well-respected universities in the country in terms of professional sciences. Faculty members and instructors are dedicated professionals with many years of experience in their respective fields. They use their experience to provide valuable lessons to the students who look to them for a positive learning experience. Students who are interested in an affordable Actuarial Science degree can rely on the University of Michigan to provide them with what they need to make a name for themselves in their chosen industry.

Degree Actuarial Science, BS

4. The University of Texas at San Antonio

The University of Texas at San Antonio is known for its affordable Actuary Science, BBA degrees. With an Actuary Science, Bachelor of Business Administration degree students have the necessary skills to effectively manage the daily operations of a business that involves predicting risks and evaluating the possible outcomes associated with those risks. Individuals who pursue this type of career are detail-oriented and are able to identify and evaluate various risk factors. With an affordable Actuary Sciences, BBA degree, individuals can hone those skills and advance in the type of career they can be proud of.

The University of Texas at San Antonio has a powerful reputation for offering award-winning curriculums that provide students with the skills and information they need to work in a fast-paced environment where risk and reducing the potential for loss are the keys to success. Faculty members are available to provide support and assist students with navigating through the steps they need to take to become successful actuaries in a highly specialized environment.

Degree Actuary Science, BBA

5. Brigham Young University

Brigham Young University offers the best, most affordable Actuarial Science Bachelors degree programs in the state of Utah. Each degree program is designed to provide the mathematical and organizational skills to allow an actuary to perform their duties. By giving them the tools they need to understand potential risk factors and what can be done to prevent subsequent loss, affordable Actuarial Science degree programs are well worth the time and effort a student must spend to earn them.

Brigham Young University is one of the most advanced and well-respected universities in the country when it comes to providing quality educational programs. The well-planned curriculum is presented by instructors who have worked as actuaries and can provide invaluable insight into all aspects of the industry. The university also offers a wide array of resources and programs to support the students’ learning experiences.

Degree Actuarial Science, BS

6. Oakland University

Oakland University provides affordable Actuarial Science, BS degrees for students who are trying to move forward in the insurance, financial, or other industry in which predicting and preparing for future events is a must. Skills and training concepts are offered that allow students to be able to identify potential risks and take the necessary steps required to reduce potential loss and strengthen the organization or system so the risk is no longer a threat. With an affordable Actuarial Science, BS degree, students are given the confidence they need to apply for the most lucrative positions available.

Oakland University has one of the most in-depth and well-structured Actuarial Science degree programs in the state of California. Every instructor has years of experience they can draw upon to assist students in overcoming challenges and obtain the skills they need to perform the duties of their position. Once they have graduated from the University, they can begin to move forward, applying to the positions they feel the most comfortable with.

Degree Actuarial Science, BS

7. University of Central Missouri

The University of Central Missouri offers students one of the most affordable Actuary Science & Statistics, BS degrees in the central United States. This degree program is designed to offer students a wide range of skills and tools that will allow them to with potential risk factors and predict possible outcomes using statistics and other organizational resources to accomplish heir goals. By utilizing the programs offered by the campus to gain their Actuary Science & Statistics, BS degree, students not only gain confidence, they also feel fully prepared to take on their new role.

The University of Central Missouri is an accredited university that is capable of providing top of the line coursework in addition to a variety of programs that have been established to provide students with the hands-on experience they need to succeed. The Society of Actuaries has worked hand in hand to develop the curriculum used at the university so it is guaranteed to provide exactly what each student needs.

Degree Actuary Science & Statistics, BS

8. Appalachian State University

Appalachian State University offers one of the most affordable Actuarial Science BS degree programs in the area. The course curriculum offers all of the skills required for an actuary to perform their duties and perform them well. The degree program ensures that every graduate can enter the workforce with the resources they need to succeed in both the statistical aspect as well as the managerial or business aspect of their required job description. With an affordable Actuarial Science degree, students are confident in their skills and ready to go to work.

Appalachian State University is the largest college in their area. The university employs over 450 faculty members who are able to assist students with all of their needs. The university is also well-known for its numerous grant programs that are designed to assist students who are dedicated to completing their education and moving on to fulfill their dreams of having a professional career as an actuary or in a similar capacity.

Degree Actuarial Science, BS

9. Central Washington University

Central Washington University offers an affordable Actuary Science Bachelor degree programs who qualify. The courses offered encourage students to explore critical and creative thinking challenges they will need to identify possible risks and come up with viable solutions. The students will learn to use calculus, statistics, and the concept of probability to complete their tasks. They will learn a variety of business applications as well that will complete their Actuary Science degree program and allow them to enter the workforce with all of the tools they need for success.

Central Washington University offers an average class size of approximately 20 students. Faculty members have received awards for heir work in both professional circles as well as for working with exceptional students. The university offers students course curriculums that have been designed to provide them with all of the skills and tools they will need to master the duties of whatever job they decide to take.

Degree Actuarial Science, BS

10. The University of Texas at Dallas

The University of Texas at Dallas offers the most affordable Actuary Science Bachelor degree program in the state of Texas. The Department of Mathematics oversees the Actuary Science degree programs and offers students everything they need to succeed in this highly competitive industry. Actuaries require proficiency in both mathematical/statistical skills as well as business organization and management. With the right affordable Actuary Science degree program, students can look forward to pursuing a career as an actuary in any number of industries.

The University of Texas at Dallas is one of the most highly-rated universities in terms of exceptional coursework and professional faculty members. Faculty members have experiences they can use to inspire and guide Actuarial students as they pursue their career goals. Whether they work online or in the classroom, each student has access to the best possible resources in the state.

Degree Actuary Science, BS

How Do I Become an Actuary?

Before completing a bachelor’s degree, part of the process of how to become an actuary requires a person to earn a certificate from either the Casualty Actuarial Society (CAS) or the Society of Actuaries (SOA). Either organization is acceptable. 

A person must pass several exams before completing the certificate program. According to the Bureau of Labor Statistics, how long does it take to become an actuary could be between four to seven years. 

Although the answer to how many years does it take to become an actuary seems like a lot, a person can earn over $100,000 per year after completing the requirements. 

How Do I Pass the Actuarial Exams? 

When thinking about the actuarial exams, a person should know the answer to how many actuarial exams are there. The number of how many actuarial exams are there varies based on the association a person chooses. With the Casualty Actuarial Society (CAS), there are 12 exams. The list of actuarial exams for the Society of Actuaries is much longer. The list of actuarial exams includes over 20 tests, but individuals don’t have to complete them all.  Fortunately, a person only has to pass one or two before being able to get a job.

The actuarial exams pass rate is a bit discouraging. Actuarial exam pass rates are often under 50 percent. This actuarial exams pass rate means that less than 50 percent of people pass the exam. The actuarial exam pass rates should be an indication that a person has to study hard to pass. 

The cost of actuarial exams varies from test to test. The cost of actuarial exams for the first two tests is $225. However, actuarial exam costs raise as the tests get more difficult. Some actuarial exam costs exceed $1,000 for one test. 

While this is a bit discouraging as well, keep in mind that what are actuarial exams consists of tests necessary to showcase a person’s knowledge in the field. Additionally, what are actuarial exams includes the fact that they’re necessary to practice as an actuary. A person should also know that what is an actuary exam includes the fact that a person must pass one or two tests before working in the field. It’s also important to know that what is an actuary exam takes into consideration that it can take up to 10 years to pass all the exams. 

Can I Get an Entry Level Actuary Job Right Out of School?

A lot of people wonder how they can acquire entry level actuary jobs. It’s important to understand that you should complete at least one or two of your exams discussed above before trying for an entry-position. Even entry level jobs in actuarial science require a person to have at least one or two of the exams complete to demonstrate an understanding of the field. 

Besides looking into entry level actuary jobs, a person may want to consider working as an insurance underwriter or a similar field to gain relevant experience. It’s oftentimes difficult to achieve entry level jobs in actuarial science. 

Another option a person has is to apply for an internship. Although it’s not completely necessary for people who don’t plan on earning a graduate, it’s a stepping stone that can gain a person paid experience.

How Much Do New Actuaries Make?

Actuary starting salaries vary based on the field a person goes into. For instance, an entry level actuary salary for someone in health is usually between $48,000 and $64,000. Actuary starting salaries for those in pensions are usually between $49,000 and $67,000. The highest entry level actuary salary is for property and casualty insurance. The actuarial science starting salary for these individuals is between $50,000 to $73,000. 

An actuarial science starting salary can earn a person a feasible salary, although it may seem a little bleak when a person considers how much time it takes to become an actuary. Fortunately, the answer to what is the average starting salary for an actuary isn’t nearly as high as a salary for someone with experience in the field. In fact, the answer to what is the average starting salary for an actuary may be only half of what a person ends up making, considering the average salary of an actuary is $102,880 per year.

Carrie Morris
Author

Warren Dahl
Editor-in-Chief

10 Fastest Online Actuarial Science Bachelor’s for 2020

actuarial science degree online

When considering how to become an actuary, students should understand that he or she must earn a bachelor’s degree. However, in the 21st century, it’s acceptable for students who are in a hurry to begin or change their career to earn the degree in a shorter amount of time in an accelerated program. The first step to becoming an actuary quickly, then, is to find a school that offers an accelerated degree program in actuarial science. A person may also earn a degree in mathematics, statistics, or another analytical area of study. During the course of the program, a student studies math, statistics, economics, and even corporate finance courses, among others. 

How to become an actuary requires a person to have at least a bachelor’s degree in one of the aforementioned fields. Without a bachelor’s degree, a person won’t be eligible to earn even entry-level position in the field. While the requirements for how do I become an actuary seem stringent, an employer will often allow a person to work for him or her after only completing one or two of the necessary exams. Employers recognize that the answer to how do I become an actuary is an entailed process. 

Methodology: Ranking the Fastest Actuarial Science Bachelor’s Programs 

Obviously, students who want an accelerated program want it fast, so Great Business Schools editors began with accredited programs that offered various options for speed, including accelerated classes, multiple start times, and generous transfer credits. From there, programs were also ranked according to their cost, salary potential, and student satisfaction, using data from College Scorecard, IPEDS, and Niche. 

1. Indiana University

Indiana University offers a BS in Mathematics that is available entirely online. IU’s BS undergraduate program includes an accelerated bachelor degree in actuary option. Students enrolled in IU’s undergraduate actuarial/mathematics program must complete 120 credit units to graduate; 27 credit units of which are considered mathematics core courses. Coursework for this class includes Abstract Math, Statistical Techniques, Finite Math, Complex Variables, and  Intuitive Topology, to name a few. Indiana University allows for up to 90 credit units to be transferred from a regionally accredited institution of higher education.

Indiana University was established in 1820. IU operates two primary campuses in Bloomington and Indianapolis, plus seven regional facilities as well. The student enrollment for the entire university exceeds 110,000 students. 

Highlight Indiana University boasts an impressive list of alumni, including the author of the Hunger Games – Suzanne Collins, and bandleader Hoagy Carmichael. 
Degree Mathematics, BS

2. Chadron State College

Chadron State College offers an accelerated bachelor degree in actuary through the school’s Bachelor of Science (BS) degree program in Mathematics, which is available online or in a hybrid or an on-campus in a traditional format. The curriculum offered through Chadron State College’s BS in Mathematics program includes Differential Equations, Probability, and Statistics, Calculus I, II, III, and Linear Algebra, to name a few. CSC’s core credit unit requirements for BS Mathematics majors include 36 credit units.

Chadron State College was established as a public institution of higher education established in 1911. CSC is a recognized open admissions school and the only four-year school located in Nebraska’s western/northern half of the state. CSC’s campus covers more than 275 acres and serves approximately 2,900 students. 

Highlight Chadron State College’s mission is to serve students from the FAR (Frontier and Remote) Communities, and the Nebraska High Plains.
Degree Mathematics, BS 

3. Mercy College

Mercy College’s BS in Mathematics can be completed 100% online. Mercy College’s undergraduate mathematics degree can be the educational springboard for those students interested in enrolling in an accelerated bachelor degree in actuary program. Mercy College’s BS in Mathematics program requires the completion of 120 credit units by completing classes like Discrete Structures, mathematical Modeling, Foundations of Computing I, II, and Number Theory, among others. Mercy College has a residency requirement of 15 credit units in math, computer info systems, or computer science.

Mercy College was established in 1950. Mercy College is a private institution of higher education that operates as a nonsectarian university. The school’s suburban campus in Westchester County, NY, serves more than 11,000 students and is located less than an hour from midtown Manhattan. 

Highlight Mercy College operates several campuses – two in Westchester County and two in NYC – in the Bronx and Manhattan. 
Degree Mathematics, BS

4. Lock Haven University

Lock Haven University of Pennsylvania’s (LHU) College of Natural, Behavioral, and Health Sciences/Department of Mathematics offers a Bachelor’s degree in Mathematics that can be completed entirely online. LHU offers a two-year advanced actuarial degree in its graduate choice of programs that can be used as an accelerated bachelor degree in actuary springboard degree program. Students in the BS Mathematics program with an actuarial track complete coursework in finance, business, and statistics, plus the participation in a 2 credit hour internship program during their senior year.

Lock Haven University was established in 1870 as a teacher training college.  Lock Haven University of Pennsylvania is a member school of the Pennsylvania State System of Higher Education. The school’s 200-acre campus is home to approximately 4,500 students studying for the 70+ undergraduate and graduate degrees offered. 

Highlight Lock Haven University of Pennsylvania became a member school of the Pennsylvania State System in 1983.
Degree Actuarial Science, BS Online/ Two year advanced degree 

5. Texas A&M University

Texas A&M University offers two undergraduate mathematics degree programs that are available completely online. A&M offers students interested in an accelerated bachelor degree in actuary program a choice of a distance learning option of either a Bachelor of Science or a Bachelor of Arts degree program in Mathematics. Students enrolled in A&M’s undergraduate math programs find rewarding work as actuaries, stochastic processes, and even underwater signal processing for acoustics. The school offers small class sizes and honors degree classes for advanced math students.  

Texas A & M University was established in 1871 and is a land-grant, sea-grant, space-grant, and senior military institution of higher education. The school’s college-town campuses serve nearly 70,000 students – making A&M one of the largest school enrollments in the country and the largest in the Lone Star State. 

Highlight Texas A & M University is the founding school of the Texas A&M University System. 
Degree Mathematics, BS/BA Online

6. Midway University

Midway University offers a BS in Mathematics that is available 100% online. Midway’s BS Math program offers an accelerated bachelor degree in actuary program utilizing 8-week accelerated courses. Midway University’s student to faculty ratio is an impressive 16 to 1. Degree candidates from Midway’s BS degree program in Mathematics open career opportunities in the fields of actuarial science, engineering, education, data analysis, and computer science, to name a few.

Midway University is a private institution of higher learning that was founded in 1847. Midway University offers both associate and bachelor degree programs to its more than 1,700 students. Midway University is affiliated with the Christian Church – the Disciples of Christ. 

Highlight Midway University operated as the only exclusive women’s school in Kentucky until the mid-2010s when men were admitted for the first time.
Degree Mathematics, BS Online/ 8 weeks Accelerated

7. Grand Canyon University

Grand Canyon University’s College of Humanities and Social Sciences offers a Bachelor of Science (BS) degree program in Mathematics Education that can be finished entirely online. GCU’s BS in Math Education is a smart stepping-stone academic degree for those wishing to enroll in an accelerated bachelor degree in actuary program. Graduates from GCU’s undergraduate math degree enter the workforce as Economists, Teachers, Statisticians, and Actuaries, to name a few. Degree candidates must complete 120 credit units to graduate, of which 80 credit units must be within the mathematics major.

Grand Canyon University was established in 1949. The school is considered a non-denominational Christian Church and serves more than 20,000 students on-campus and more than 69,000 students online. 

Highlight Grand Canyon University holds the distinction of being the largest Christian institution of higher education in the world.
Degree Math Education, BS Online

8. Stevenson University

Stevenson University offers a BS in Applied Mathematics that is available 100% online and a bachelor’s to a Master’s program in Mathematics as well. Stevenson University’s mathematics degree programs work as great education springboards for those interested in completing an accelerated bachelor degree in actuary program as they vie for a career as an actuarial scientist. Students can opt for a focus in actuarial science and enter the workforce as an Insurance Analyst, A financial Analyst, a Statistical Analyst, or and Investment Analyst, to name a few.

Stevenson University was established in 1947 and was originally named Villa Julie College. Stevenson University operates two campuses in the state of Maryland and serves approximately 3,500 students. Stevenson University offers more than 80-degree programs – including newly created professional degrees. 

Highlight Stevenson University boasts a tremendous amount of distance learning options and students. 
Degree Applied Mathematics, BS Online/ Bachelors to Masters Program

9. University of Hartford

The University of Hartford’s Department of Mathematics offers two undergraduate mathematics courses that are available entirely online through the school’s distance learning platform. UHart offers two accelerated bachelor degree in actuary programs through the online options of the school’s Bachelor of Science (BS) degree or the Bachelor of Arts (BA) degree program in Mathematics. The BA program requires the completion of 44-45 major credit units, whereas the BS degree program requires the completion of 60-61 credit units to graduate – which includes math and physics classes.

The University of Hartford was established in 1957. The school’s suburban campus in West Hartford serves nearly 6,800 students studying from more than 100 undergraduate, graduate, and certificate programs offered by the university’s seven schools/colleges. 

Highlight The University of Hartford’s student body includes students from nearly 50 states and more than 40 countries.
Degree Mathematics, BS/BA Online

10. Clarkson University

Clarkson University’s Department of Mathematics offers a Bachelor of Science (BS) degree program in Mathematics that can be completed entirely online. Clarkson University’s BS in Mathematics program is a smart undergraduate degree for students interested in completing an accelerated bachelor degree in actuary program. Coursework for Clarkson’s BS in Math program includes Projective Geometry, Differential Equations, Mathematical Statistics, and Computer Algorithms, to name a few. Clarkson University offers its mathematics major students access to many cooperative work programs and internships around the world and the country.

Clarkson University was established in 1896. The school’s 600+-acre campus is home to more than 4,200 students and located in the state’s capital region upstate. Princeton Review considers Clarkson University one of the most environmentally responsible universities. 

Highlight Forbes recognizes Clarkson University among the top 50 most entrepreneurial institutions of higher education in the country.
Degree Mathematics, BS Online

What is an Actuary and What Do They Do?

A person may have heard the term “actuary” and wonder what is an actuary. First and foremost, the definition of actuary is someone who analyzes risks and their uncertainty. The definition of actuary also includes the fact that this individual must minimize the cost of the risk since part of the job description of an actuary is helping either businesses or individuals or both to create insurance policies that decrease the cost of the risk. Additionally, part of the job description of an actuary is to help individuals and businesses create a policy tailored to the clients’ needs. When someone is asking what does an actuary do, a person should understand that these individuals tend to work in insurance. Additionally, what does an actuary do includes using math on a regular basis. 

The actuary job description includes using statistics and data. The actuary job description also includes estimating the cost of certain events and how they would affect the client. To summarize what do actuaries do, they create policies, pension plans, or investments to minimize a person’s risk and maximize their profit. 

Most of what an actuary does includes working on computers. What an actuary does also includes taking into consideration the insurance company and their profit. 

Generally, when a person is answering what do actuaries do takes into consideration where they work. Generally, an actuary works in health, life, or property insurance. Another option that helps answer what do actuaries do is work with pension plans. 

Are There Lots of Jobs for Actuaries?

Before someone decides to go to school for actuary science, he or she may want to know about the prospective jobs for actuaries, in particular the job outlook for actuaries. Fortunately, the Bureau of Labor Statistics (BLS) shows a promising future of actuary science. In fact, the BLS reported 25,000 jobs for actuaries as of 2018. The actuary jobs outlook is positive since the BLS projects the number of jobs will grow by 20 percent. In terms of the actuary jobs outlook in comparison to other jobs, the job outlook for actuaries is expected to grow faster than average. 

Besides taking the job outlook for actuaries as a whole into consideration, a person should understand that certain areas have more actuarial science job opportunities than others. The actuarial science job opportunities are most plentiful in states like New York, Pennsylvania, Illinois, Ohio, and California. In other states, there isn’t much of a future of actuary science because these states had under 30 jobs for this field as of 2018. 

When thinking about the future of actuarial science, a person should take into consideration that most jobs with insurance carriers. A person should also take into consideration that the employment outlook for actuaries is also possible with brokerages, consulting services, and management companies. However, the employment outlook for actuaries is more than likely going to remain high with insurance companies. 

How Much Can I Make as an Actuary?

The BLS notes that the median salary for an actuary in the U.S. was $102,880 annually. This salary for an actuary is equivalent to $49.46 per hour. Besides understanding the average salary of actuaries, a person should also know that certain fields pay higher. For instance, the average salary for an actuary with an agency or brokerage is $121,480 while the average salary of actuaries who work with management or consulting companies is over $120,000 per year. 

A person should also be aware that the average salary of actuaries varies based on the area a person lives in. For instance, what is the salary of an actuary in New York is much higher than the average in Minnesota. The average salary for an actuary in New York is $150,950, making this state the state with the highest paid actuaries on average. Another state that has high paying jobs is Connecticut. On average, what is the salary of an actuary in Connecticut is $132,910 per year.

Carrie Morris
Author

Warren Dahl
Editor-in-Chief

15 Best Online Actuarial Science Bachelor’s for 2020

actuarial science degree online

Working adults who want to move into an actuarial career can benefit from earning all or part of their bachelor’s degree in actuarial science online. For instance, online actuarial science degrees courses are often customizable. A person can take online actuarial science degrees courses at his or her own rate in his or her own time. Therefore, earning credits toward actuarial science online degrees could be much quicker than taking all the courses in a traditional classroom setting. Therefore, with actuarial science online degrees, credits can take a much shorter time than a standard on-campus degree program.

Plus, actuarial science degrees online may be less expensive. Often, a school charges less for their online courses when a person compares them to the cost of traditional courses. Therefore, actuarial science degrees online may be less expensive overall. It’s important to note that a degree in actuarial science online is fairly rare at the bachelor’s level. A person does have the option to earn a majority of the credits online and complete the necessary courses on-campus, though. Generally, completely online actuarial science degrees aren’t available until the master’s degree level if a person wants to complete a program completely online. 

Methodology: Ranking the Best Online Actuarial Science Programs 

To rank the best online bachelor’s in actuarial science, Great Business Schools editors began with accredited, reputable institutions known for making an impact on their graduates’ career. Programs were then ranked according to practical factors, including job market reputation, salary potential, and tuition cost, according to data from IPEDS, College Scorecard, and more. 

1. Maryville University of Saint Louis

Maryville University of Saint Louis offers an online BS in mathematics program. This program is designed to prepare students for a broad range of possible mathematics careers. With this degree, students become empowered to pursue careers in the government, nonprofit organizations, or for-profit businesses such as insurance companies. In any case, students gain the skills that they need to make abstract concepts into discernible data. As a result, it has gained a reputation as one of the best online actuarial science programs. 

As a School, Maryville University offers several options for non-traditional students. Its high-quality online programs let students learn from virtually any location. Maryville University is uniquely career-focused. The school partners with businesses and other organizations to create programs that will lead students to success. As a result, students at Maryville often feel uniquely prepared for the career world once they graduate.

Highlight Forbes has ranked Maryville University as one of America’s top colleges in 2019.
Degree Mathematics, BS

2. Indiana University East

The mathematics degree at Indiana University East has become one of the best online actuarial science programs. That said, students can also pursue other math-related pathways within this program. This online program was designed for students who have already taken their core classes. Those who have already taken core classes can graduate from the program in as little as two years. After taking core math classes, students can customize their degrees to pursue the pathway that works best for them.

Indiana University East provides all of the same benefits as the main Indiana University campus, but those benefits come in a smaller package. The Indiana University name looks great on a resume and helps students go places. The school has excellent online programs with plenty of tools and resources for its students. In their online classes, students get lots of support from teachers and mentors.

Highlight Indiana University East has a unique focus on military students. The school offers benefits such as grants and scholarships for these students.
Degree Mathematics, BS

3. Ottawa University

With several concentrations, Ottawa University provides one of the best online actuarial science programs. This degree comes from a thriving mathematics program. In addition to their core classes, mathematics students can choose a concentration in actuarial science. This convenient online program gets students ready to pursue in-demand careers. Students develop advanced skills that empower them to either move on to grad school or go straight into the workforce.

Ottawa University has designed its online programs with the most possible flexibility in mind. Faculty here know that not every student can complete a degree on campus, and they know that this fact shouldn’t get in the way of education. Not only does the online format offer a level of convenience that other classes don’t, these programs also count military experience, job experience, and other previous knowledge as prerequisites for degrees. As a result, non-traditional students get the chance to thrive, getting the education that they deserve. Ottawa University is a Christian School with Baptist values, so students who share these values or would like to explore them further gain unique learning opportunities at the school.

Highlight US News and World Report ranked Ottawa as one of 2018’s best colleges. 
Degree Mathematics, BA 

4. University of Hartford

The University of Hartford’s mathematics program doubles as one of the best online actuary science programs available to students today. This math major comes with the option of minoring in data science. The data science portion of the program gets students ready for careers in analyzing risks and possibilities. It’s a strong, well regarded program that looks excellent on a resume. More importantly, it helps students develop career skills that will last a lifetime.

At the University of Hartford, faculty members encourage students to hold on to their passions and their dreams. Academic programs here help students harness those passions and gain practical steps to turning their dreams into realities. The online classes, of course, are just as practical and valuable as their on-campus counterparts. Online classes come with lots of support from faculty members. For STEM majors, this support makes a big difference. It turns even the most challenging programs into rewarding and worthwhile endeavors. 

Highlight The University of Hartford has a very low student-faculty ratio. Those who prefer smaller class sizes enjoy what this university has to offer. 
Degree Mathematics, BS

5. Chadron State College

Chadron State College has an excellent mathematics program for future actuaries. In this program, students not only learn advanced math concepts, but they also learn how to communicate those concepts in simple and effective ways. Actuaries often have to translate math buzzwords to people who don’t necessarily have a background in math. That’s why communication is key, and it’s why Cadron helps students make the most of that communication. After graduation, some students go on to analyze data for a living, and others go into math education. Either way, the program’s high standards and flexible format make it one of the best online actuary science programs available to students today. 

Chadron State College is a beautiful school with small class sizes in rural Nebraska. As a matter of fact, it’s the only regionally accredited four year university in that part of Nebraska. As such, this school is a leader in education. It brings innovation that the area might not otherwise have. From on-campus courses to online classes, students get a challenging and worthwhile education that prepares them for fulfilling careers.

Highlight 83% of full-time faculty at CSC have earned the highest possible degrees in their field.  
Degree Mathematics, BS

6. Southern New Hampshire University

Southern New Hampshire University’s applied mathematics program gives students the option of an actuary concentration. Because of its targeted focus, it is one of the best actuarial science programs in the country. This online program offers a deep dive into analytics, and it prepares students four data-focused careers. No matter how the job market changes over time, SNHU students are prepared to step into complex roles. Furthermore, this program is a transfer friendly program that lets students earn credits for things that they have already learned. As a result, students don’t waste their time or their money. They make the most of their life experiences and get an effective education. 

SNHU is a career focused school. Both online and on-campus, the school takes a practical approach to education. Because the school has more than 200 online programs available, the faculty members here understand the needs of online students. Many students here are adults with families and demanding work schedules. That’s why the courses here are flexible and focused. Faculty members at SNHU also have real-world experience to back up their teaching expertise. As a result, students get the relevance that they need from their classes. 

Highlight Military students receive plenty of support at SNHU. The school has tuition discounts for military members, partnership programs, and generous transfer opportunities.
Degree Applied Mathematics-Actuary Concentration, BA

7. Indiana University

The mathematics BS at Indiana University covers several math topics. However, that’s not what sets this program apart. Students also get the opportunity to tailor their degrees with electives on specializations. Students pursue all kinds of pathways four potential careers, including actuary careers. As a matter of fact, it turns out that Indiana University’s strong data courses put this school among the best online actuary science programs. Furthermore, just like with the rest of Indiana University’s online degree programs, mathematics students get access to advanced technology, support, and opportunity. This flexible degree program puts students on a successful career path. 

Indiana University is a major, highly recognized school that happens to have an excellent online program. As a large and thriving university, Indiana University has the resources that it needs to stay ahead of the educational curve. That’s why it leads the way in a lot of educational innovation. Whether online or on-campus, students learn from award-winning faculty members who have lots of real-world experience in their fields. As a result, students gain unique insight into what their lives may look like after graduation.

Highlight Many of IU’s online courses have no set login times. Students can learn on their own schedule and complete these courses at their own pace. 
Degree Mathematics, BS

8. Stevenson University

Stevenson University’s applied mathematics program lets students turn their love of numbers into high demand careers. Within this program, students get a valuable skill set that they can use in their future job searches. Students here may customize their degrees, pursuing subjects such as math education, business, and even general mathematics. It even has one of the best online actuarial science programs. As a result, students here are uniquely prepared for jobs in the math and business worlds. 

Stevenson University has a commitment to excellence, both in its online classes and its on campus classes. This school is especially strong in the areas of science and math, which is great for those who want to go into actuarial science. This school is very student-focused, with a mission to connect students to their careers and prepare them for the rest of their lives. The school helps students turn their classroom learning into real-world opportunities, providing opportunities that help propel students forward. 

Highlight 99% of students at Stevenson receive some type of financial aid, making it one of the more affordable school choices for many students. 
Degree Applied Mathematics, BS

9. Grand Canyon University

Grand Canyon University offers a BS in math education. Obviously, this program is meant for students who want to become math teachers. That said, it also serves as one of the best online actuarial science programs. The program empowers students to learn all about data, and then it shows them how to communicate that data to future math students. As a result, those who have an interest in both data and teaching  can gain a lot from this school. 

Grand Canyon University is a Christian school with a reputation for online learning opportunities. As a Christian school, Grand Canyon University encourages students to deepen their faith as they deepen their academic knowledge. This unique school also gets students ready to take the next steps after graduation. The school is quickly growing, and it continues to update its resources in light of the growing demand. As a result, it provides an excellent opportunity to explore education in new and innovative ways. Along with this innovative education, students also become leaders and critical thinkers.

Highlight Grand Canyon University’s tuition rate has remained frozen for 12 years. While other universities have raised their tuition costs over the years, GCU has not. As a result, it’s more affordable than a lot of other universities of its kind.
Degree Math Education, BS

10. Texas A & M University

Texas A&M University offers both a BA and a BS in mathematics. Either way, the mathematics program is designed with versatility in mind. Students in these two programs can explore a wide range of careers, which means that Texas A&M is one of the best online actuary science programs. This program is both challenging and extremely worthwhile for future mathemeticians and actuaries. Students learn from some of the most accomplished faculty members in the teaching world. While Texas A&M certainly is a large university, the mathematics program itself is relatively small. As a result, students get the best of a large university with all of the personalization of a small one. 

Texas A&M University is a large, thriving school with many campuses and plenty of resources for learners. This school stands out in areas like math and science, making it an excellent choice for future actuaries and other students you are interested in math. The school is diverse and progressive, but it still values its traditions and history. Being such a large school, it has all of the resources that it needs to lead the way in Innovative methods such as online education. Of course, online programs here are just as rigorous and worthwhile as their on campus siblings because faculty members here are especially skilled in online education. Finally, Texas A&M is arguably one of the most widely recognized universities in the world. As such, its name grabs employers attention when it sits at the top of a resume, and since A&M has an especially strong reputation with the STEM fields, math students can’t go wrong here. 

Highlight Texas A&M University offers a high return on investment compared to other schools. It’s ranked as one of the world’s “Best Value Schools.” 
Degree B.A. Mathematics, B.S. Mathematics

11. Western Kentucky University

The BS in Mathematical Economics program at Western Kentucky University is one of the best online actuary science programs available for students. Unlike more general math programs, this one offers a pointed focus on data and what to do with that data. Within this program, students are prepared for some of today’s most in-demand data-driven jobs. The program teacher students deep analytical skills, excellent communication, and risk management. Students also have access to innovative technology. The program values not just math itself, but communication skills and job connections. As a result, students go on to thrive, working as actuaries either in the public or the private sector.

Western Kentucky University values practical, hands-on learning experiences. With this approach, students feel uniquely prepared for their job searches and their ability to accomplish career success. Online programs here are no less practical then it’s on campus classes. Online students get dressed as much support, career counseling, and other resources as students who learn primarily on campus. They also get access to the same technology. Overall, the school provides an excellent and effective education for future actuaries and data specialists.

Highlight WKU has the second largest undergrad student population in Kentucky. It’s a high-demand choice for math students and students of other majors. 
Degree Mathematical Econonics, BS

12. University of South Carolina – Columbia

The mathematics program at USC Columbia teaches students how to apply numerical values to everyday life situations. Furthermore, it teaches students how to make the best decisions based on those results. Because of these practical studies, these students often move on to successful careers in data. They learn the leadership skills that they need to fove forward in the field. Many of them become actuaries or other data-focued mathemeticians. As a matter of fact, many people count this particular program among the best online actuary science programs. In particular, the actuary science specialization let students dive deeply into data analysis and interpretation. While the program is challenging, its challenges prepare students for highly demanding careers and upward movement. Students work closely with faculty members in the program to choose the best path for the future.  As a matter of fact, even online students develop close relationships with faculty members, making the most of valuable advice.

USC has existed for over 200 years. and as a result, the school has a solid educational foundation. However, its far-reaching background has empowered the school to lead the way in research innovation. As a matter of fact, this school thrives in the areas of math and science, and the research that comes from the school has wide-reaching impacts all over the world. This school absolutely makes a difference, so it appeals to students who want to be a part of the big picture. For USC students, this means that they get to take part in something important, and the school’s practical approach to education give students the confidence that they need for their next steps.

Highlight The Carnegie Foundation ranks the University of South Carolina as one of the top schools for research and community engagement.
Degree Mathematics, BS

13. Mercy College

At Mercy College, the mathematics program emphasizes the fact that math is important in every single industry. Virtually every professional needs mathematical expertise at one point or another. As a result, Mercy College students get a flexible math education that allows them to jump into a wide range of Industries. Students take on all kinds of jobs after graduation, but it’s important to note that many of them specifically pursue data. Some consider Mercy College one of the best online actuary science programs because of the flexibility and broad focus that it provides. The program makes use of the latest technologies, making sure students understand the types of tools that they will use during their careers. As a result, students get a superior level of preparation for their upcoming job searches

Mercy College is a challenging university that was founded by The Sisters of Mercy. Deeply rooted in its traditions, Mercy College nevertheless serves traditional and non-traditional students alike. In fact, non-traditional students are supported here far more than they would be at most other schools. The school has a specific mission to serve students that may otherwise find themselves underrepresented in a college environment. For example, Mercy College has an in-depth online program that lets students with families and other responsibilities learn in a flexible and convenient way. In the academic world, online students can sometimes feel like an afterthought. It doesn’t work that way at Mercy College. Here, online students feel just as important as their peers who learn on campus, and they can always access faculty help when they need it. Overall, Mercy College is committed to providing a high-quality education with plenty of support for student success, just as it has always done from the beginning. 

Highlight US News and World Report has ranked Mercy College as one of the top colleges for online education. 
Degree Mathematics, BS

14. Clarkson University

Clarkson University’s mathematics program teaches students to apply critical thinking skills, both to straightforward and to abstract math concepts. The program prepares students to apply these numerical concepts to real-world situations, making it one of the best online actuarial science programs. Students even learn how to translate those math concepts into ways that non-mathemeticians can understand. For example, students may move on to help insurance agencies determine the likelihood of a flood or another catastrophic weather event. No matter where students go in their careers, though, this program helps them get where they need to go. The math program at Clarkson has small class sizes, which benefits even the online students as they get the one-on-one attention that they need. When students have questions, they always have access to answers. Students who graduate from the program move on to succeed in all kinds of math and statistics careers. 

Clarkson is a technical university where students succeed in math, science, business, and similar fields. Because it’s so deeply focused on STEM subjects, it dives headfirst into improving math and science coursework. STEM students get the best instruction and technology possible because college resources aren’t overly divided. Because of Clarkson’s deep focus on math and science programs, it’s consistently recognized as an excellent school for STEM students. Many future college students count this school as one of their top choices. Students here learn what it takes to be forward-thinkers who apply unique solutions to unique problems. They figure out how to view problems from various angles. Furthermore, students here get to tailor their degree pathways to their own ambitions. Few colleges offer as much customization as Clarkson College offers. 

Highlight The Brookings Institution ranks Clarkson University as one of the top 10 universities for increasing earnings potential. 
Degree Mathematics, BS

15. Midway University

Midway University’s math program comes in an 8-week accelerated course format. This makes Midway one of the best online actuarial science programs for those who want to enter the job market right away. The program is also transfer-friendly, so students may earn their degrees even more quickly than they may have realized. Midway’s math degree emphasizes core mathematical concepts as well as logic, problem solving, research, and data processing. 

Midway University began as the Kentucky Female Orphan school, a liberal arts school that taught orphaned young women how to read and use other life skills. Since then, the school has expanded to become Midway University, a coed school that still emphasizes the liberal arts. Students here benefit from a rich history and a well-rounded education. Today, Midway still empowers students by providing them with unique skills, academic challenge, and plenty of support from faculty members. 

Highlight US News and World Report ranked Midway #3 in its list of 2019 Top Performers on Social Mobility. 
Degree Mathematics, BS

What is an Actuarial Scientist?

So what is an actuarial scientist? To answer what is an actuarial scientist, a person should understand that an actuarial scientist tends to work for either insurance companies or financial institutions. Some actuarial scientists can find work with the government.

This particular job consists of using statistics and data to calculate the risk of certain events and issues. Using the data, the actuarial scientist has the goal of reducing the risk of these events either for the individual or the business.

A person may still wonder what does an actuarial scientist do. To answer the question, a person should understand that an actuarial scientist is looking to benefit the client and the insurance company. To further answer what does an actuarial scientist do, this is the individual who determines rates for insurance premiums and helps design pension packages.

Often, an actuarial scientist has to look at the data trends and determine the likelihood of certain events. For instance, an actuarial scientist who works in healthcare may discover that some occupations are more prone to certain issues than others. The actuarial scientist’s job is to determine how much the company should charge. 

What is Actuarial Science?

A person may wonder what is actuarial science. To answer what is actuarial science about, a person should understand that this field entails assessing financial risks in various fields, including insurance and finance. It involves using statistics and mathematics to assess the risk and compare it to the cost of coverage.

For instance, what is actuarial science in life insurance may include looking at mortality rates and looking into the life expectancy of an ailment to determine a suitable cost of a premium, 

In terms of what is actuarial science about in health insurance, an actuary is looking at the cost of treatments and testing of a specific disease to give a person a reasonable cost of coverage. 

Besides understanding what is actuarial science, a person may want information about actuarial science in terms of degrees. To provide information about actuarial science in degree programs, a person has to take numerous courses in math, statistics, and science. Classes like calculus and probability are often part of the course line-up as well. 

Is Actuarial Science a Good Career?

Several factors make an actuaries career a good choice.

One question a person may have is “Is actuarial science a good career in terms of salary?” Fortunately, a person has a high earning potential when looking at most careers as an actuary. According to the Bureau of Labor Statistics (BLS), the average careers as an actuary pay $102,880 per year. This salary is the same as $49.46 per hour.  

An actuaries career only requires a bachelor’s degree. Therefore, a person has the potential to earn over $100,000 per year after completing a four-year program. This is higher than the average a person makes without going to graduate school. 

Additionally, when a person asks “Is actuarial science a good career,” he or she should understand if the field is in demand and if it will continue to be in demand. So, is an actuary a good career with job growth? According to the BLS, the answer to is actuarial science a good career in terms of landing a potential job, the answer is yes. This is because one of the reasons why is an actuary a good career is its available number of positions. The BLS projects that the number of careers for actuarial science majors will grow by 20 percent from 2018 until 2028. This growth is higher than the average career. 

Anywhere that has banks, insurance companies, and other financial institutions may offer careers for actuarial science majors, even if the positions aren’t as an actuary or an actuarial scientist. However, a majority of jobs are in insurance or finances. 

Carrie Morris
Author

Warren Dahl
Editor-in-Chief

25 Best Actuarial Science Bachelor’s for 2020

best schools for actuarial science

Actuarial Science degrees are extremely useful when it comes to identifying risks and determining possible outcomes. This degree program is for someone who pays great attention to detail and is good at researching numbers. The financial and insurance industries both use actuaries to uncover potential risks and find ways to avoid financial loss that could have a devastating impact on the future of your business. Actuaries use complex mathematics, statistics, and patterns to locate areas where risk is possible and then work to find ways to resolve the issue.

If you like to work with numbers and are interested in following patterns and trends, an actuarial science degree may be just what you are looking for. This type of degree program offers individuals with an analytical mind, the opportunity to work in a highly structured and complex environment. These individuals are problem solvers and use advanced mathematics to find solutions to prevent risks from becoming a major problem. Actuaries are highly sought after in the insurance industry because they are able to project specific patterns within the industry and take preemptive measures to ensure the stability of the company.

Methodology: Ranking the Best Undergraduate Actuarial Science Programs

Great Business Schools is committed to guiding business students to programs that will really improve their odds on the job market and performance in their profession. That’s why GBS rankings start with accredited, trusted institutions, which are ranked according to real data from IPEDS, College Scorecard, and Niche. Schools in the best actuarial science degree ranking are ranked by their cost, alumni salary, and reputation. 

1. University of Illinois at Urbana-Champaign

The College of Liberal Arts and Sciences/Dept. of Mathematics offers the University of Illinois’ BS in Actuary Science that is recognized among the best undergraduate actuarial science programs in the nation. Students enrolled in UI’s Urbana Champaign actuary degree program must complete a total of 120 credit hours of coursework that includes classes in Actuarial Statistics, Calculus, Applied Statistics, Life Contingencies, Corporate Finance, and Theory of Interest, to name a few.

The University of Illinois at Urbana-Champaign is a public university that was established under the Morrill Land Grant in 1867. In addition, UI Urbana is a space-grant, sea-grant, and flagship institution of the University of Illinois System. 

Highlight The school ‘s urban campus is home to approximately 51,000 students studying for degrees offered by the university’s 16 colleges/schools. 
Degree Actuary Science, BS

2. The University of Texas at Austin

The University of Texas offers BS in Actuary Science degree program that requires degree candidates to complete 120 credit units in order to graduate. UT Austin’s best undergraduate actuarial science programs include the schools’ general core curriculum requirements plus actuarial classes in Statistics, Computer Science, Probability, Finance, Economics, and one IBL (Inquiry-Based Learning) Math class. Students enrolled in UT Austin’s actuarial science program must complete a minimum of 60 hours at UT Austin, in residence. 

UT – Austin, The University of Texas at Austin, was chartered as a public institution of higher learning in 1881. UT Austin is home to seven museums, including the LBJ Library and the Blanton Museum of Art. 

Highlight The University of Texas at Austin boasts a student enrollment that exceeds 50,000 students, making it one of the country’s top ten largest study body on one campus. 
Degree Actuary Science, BS

3. Michigan State University

Michigan State University offers a BS in Actuarial Science degree program that is ranked among the best undergraduate actuarial science programs available. Degree candidates enrolled in MSU’s actuary undergraduate program must complete 120 credit units, including the following actuarial-related classes – Differential Equations, Actuarial Models, Calculus, Theory of Mathematical Interest and Financial Math for Actuaries, among others. In addition, individuals vying for the BS in actuarial science includes an internship or a capstone project. 

Michigan State University is a research institution of higher education that was founded in 1855. MSU is also a sea-grant and land-grant university that is home to more than 50,000 students. US News recognizes Michigan State University among the top 35 public institutions of higher education in the United States.

Highlight When founded, Michigan State University acted as a model-school for future land-grant universities.
Degree Actuarial Science, BS

4. University of Connecticut

The University of Connecticut offers a BS in Actuary Science that is one of the best undergraduate actuarial science programs in the nation. UC’s undergraduate actuary program is one of the few programs of its type in New England. Coursework for the University of Connecticut’s actuary program includes Economics, Calculus, Life Insurance and Risk Management, Programming for Actuaries, Loss Models, and Elementary Stochastic Processes. UC, in partnership with corporate sponsors, offers scholarships to actuarial students. UC is a recognized SOA Center of Actuarial Excellence.

The University of Connecticut was founded in 1881 and holds the distinction of being a land-grant, space-grant, and sea-grant institution of higher learning. UC is the flagship campus for the state and is home to approximately 32,000 students. 

Highlight The University of Connecticut’s campus covers more than 4,000 acres and is about an hour from downtown Boston and only 30 minutes to Hartford.
Degree Actuary Science, BS

5. Binghamton University (SUNY)

The State University of New York – SUNY at Binghamton’s Department of Mathematics offers two of the best undergraduate actuarial science programs in New York and the country. Binghamton University provides a Bachelor of Arts (BA) or a Bachelor of Science (BS) degree program in Actuarial Science. Both the BA and BS actuarial programs require the completion of the following coursework – Linear Algebra, Computing, Actuarial Foundations, Economics, and Computing, among others. Students vying for the BS degree must also complete several advanced math, economics, and actuarial classes.

The State University of New York – SUNY at Binghamton was founded as a research school in 1946. SUNY Binghamton’s three campuses cover more than 900 acres and serve approximately 17,500 students. Greene’s Guide has recognized SUNY Binghamton among the public ivy league schools. 

Highlight SUNY Binghamton operates three campuses in Binghamton, Johnson City and Vestal, NY. 
Degree Actuarial Science, BS & BA

6. Auburn University

Auburn University’s Mathematics and Statistics Department offers a Bachelor of Science (BS) degree program in Actuarial Science that is recognized among the best undergraduate actuarial science programs available in the marketplace. Degree candidates must complete 120 credit units to graduate in classes that include – Calculus, Linear Algebra, Interest Theory, Linear Differential Equations, and Actuarial Science Seminar, to name a few. Degree candidates with actuarial science degrees enter the workforce in the insurance, banking, government, and investment fields, among others. 

Auburn University was founded as East Alabama Male College in 1856 by an act of the Alabama Legislature. Auburn is a land-grant, space-grant and sea-grant school, plus the state’s flagship institution of higher education. 

Highlight Auburn University is the state’s flagship school and the second-largest institution of higher learning in Alabama. It was a Confederate Army training camp during the Civil War. 
Degree Actuarial Science, BS

7. University of Massachusetts – Amherst

The University of Massachusetts’ Department of Mathematics & Statistics offers one of the best undergraduate actuarial science programs available in the United States. UMass Amherst offers a Bachelor of Science (BS) in Actuarial Science degree program that is only one of three programs in Massachusetts listed on the Society of Actuaries (SOA) UCAP List. UMass Amherst’s undergraduate actuary program meets the VEE requirements with regard to Economics, Math Statistics, and Accounting/Finance. The school offers coursework relative to actuarial exams of P/1, FM/2, IFM3, and Statistics for Risk Modeling. 

The University of Massachusetts – (UMass Amherst ) was found as a public institution of higher education in 1863 as the result of the Morrill Land Grant Act. UMass Amherst is a part of the Five-school consortium where students can enroll in classes at the other ‘sister schools’ – Amherst College, Hampshire, Mount Holyoke, and Smith Colleges. 

Highlight The Amherst campus of UMass is the recognized flagship campus of the University of Massachusetts system.
Degree Actuarial Science, BS

8. Bradley University

Bradley University offers a BS in Mathematics Actuary Science concentration that is recognized among the best undergraduate actuarial science programs in the nation. Bradley offers two paths to an undergraduate actuary degree – one through the College of Business and the other through the College of Liberal Arts and Sciences. Both undergraduate degree coursework prepares degree candidates for the professional actuarial exams to be taken in the future. Bradley’s curriculum for its actuarial programs includes Business Finance, Linear Algebra, Actuarial Science Topics, Applied Statistics, and Actuarial Science Tools, among others. 

Bradley University is a private school that was established in 1897. Bradley University’s urban campus, located only a few minutes from the downtown area in Peoria, covers more than 80 acres and serves approximately 5,300 students. Bradley operates seven undergraduate and graduate schools/colleges. 

Highlight Bradley University is recognized among the top five regional universities in the Midwest, as noted by US News.
Degree Mathematics major Actuary Science, BS

9. University of California, Santa Barbara

The University of California Santa Barbara’s Department of Statistics and Applied Probability offers a Bachelor of Science in Actuary Science program that is ranked among the best undergraduate actuarial science programs in the nation. Students enrolled in UCSB’s actuarial science degree program will complete several research projects with the help of faculty advisors. It is recommended that degree applicants have two years of algebra and completed coursework in trigonometry and geometry at the high school level. UCSB also offers a five-year BS/MS program in actuarial science for accelerated students.

UCSB – the University of California Santa Barbara was founded as a public teacher’s training school in 1891. The school’s suburban campus sits atop a cliff that overlooks the Pacific Ocean and is home to approximately 26,000 students. 

Highlight The University of California Santa Barbara is one of the ten member-schools of the University of California system.
Degree Actuary Science, BS

10. Saint John Fisher College

Saint John Fisher College offers a BA in Actuarial Science that is recognized among the best undergraduate actuarial science programs in the country. Coursework for Saint John Fisher College’s BA actuarial degree program includes Mathematical Statistics, Actuarial Math, Corporate Finance, Regression Techniques, and Probability Modeling, among others. Saint John Fisher College offers an impressive student to faculty ratios of 12 to 1. Fisher’s actuarial undergraduate degree prepares graduates for the first two actuarial exams.

Saint John Fisher College was founded in 1948 as a private institution of higher education that follows the Catholic Tradition.Saint John Fisher College’s sporting venue is used by the NFL’s Buffalo Bills training camp, and the suburban campus serves approximately 3,600 students. 

Highlight Saint John Fisher College is named for a Catholic Bishop and cardinal from Kent, England.
Degree Actuarial Science, BA

11. Texas Christian University

Texas Christian University’s Department of Mathematics offers two of the best undergraduate actuarial science programs available in the country. TCU offers a Bachelor of Arts (BA) degree program in Mathematics with a concentration in Actuarial Science and a Bachelor of Science (BS) degree program in Math with an Actuarial Concentration – for those student planning on pursuing their MS degree in actuarial science. Core math courses include Elementary Stat, Applied Calculus, Topics in Mathematics, and Calculus I and II, among others.

Texas Christian University was founded in 1873. Texas Christian University is affiliated with the Disciples of Christ – Christian Church, but not governed. The school’s urban campus is only a few miles from Fort Worth’s downtown and is home to approximately 9,000 students. 

Highlight Texas Christian University is recognized by US News among the top 100 universities in the national category.
Degree Math with Actuarial Concentration, BA

12. New York University

New York University’s Stern School of Business offers a Bachelor of Science (BS) in Business with a concentration in Actuarial Science that is ranked among the best undergraduate actuarial science programs in the United States. NYU’s actuarial degree program prepares graduates to sit for the first four actuarial exams administered by the SOC and CAS. Additionally, the curriculum meets the VEE requirements for Economics, Applied Statistical Methods, and Finance. Coursework includes Corporate Finance, Investment Mathematics, Probability Theory, Calculus I, II, and Linear Algebra, among others.

New York University was founded as a private institution of higher education in 1831. The school’s iconic Greenwich Village campus covers more than 200 acres in lower Manhattan. The school operates international campuses and has a total student enrollment of more than 51,000.

Highlight New York University began as a joint idea between James Madison and Albert Gallatin – Thomas Jefferson’s Treasury Secretary.
Degree Business, BS Concentration Actuarial Science

13. Temple University

Temple University’s Fox School of Business offers two of the best undergraduate actuarial science programs available in the education marketplace. Temple offers a Bachelor of Arts (BA) Actuarial Science degree program and a Bachelor of Business Administration (BBA) degree with a concentration in actuary science. Students must complete 124 credit units for the BBA program to graduate and complete classes in Probability and Statistics, Calculus, Actuarial Analytics, International Risk, and Theory of Interest, among others. Temple University’s actuarial degree programs prepare graduates for the professional exams of the CAS and SOA. 

Temple University is a public institution of higher learning that was founded as a private school in 1884. Temple University’s urban campus in Philadelphia extends for 100+ acres and serves more than 39,000 students studying for the university’s 500+ degree programs offered. 

Highlight Temple University operates several facilities in Pennsylvania and two international sites in Japan and Italy. 
Degree Business Administration Concentration Actuary Science, BA Actuarial Science

14. Ball State University

Ball State University’s Department of Mathematical Sciences offers a Bachelor of Science (BS) degree program in Mathematics as an Actuarial Science major. BSU is a recipient of the CAS University Award. Degree candidates graduate from Ball State University to find rewarding work in consulting, banking, investments, education, and insurance. BSU’s best undergraduate actuarial science programs offer student internship opportunities that often morph to full-time employment. Actuarial science majors must complete a minimum of 59 credits in actuary science courses.

Ball State University was established as a public institution of higher learning in 1918. Ball State University has several campuses in Indiana -Muncie, Indianapolis, and Fishers, IN. The school’s campus covers more than 1,000 acres and serves about 17,000 students each semester. 

Highlight BSU was founded by two industrialist brothers who bought a failing school and gifted it to the state.
Degree Actuarial Science, BS Actuarial Science Major

15. Valparaiso University

Valparaiso University Mathematics and Statistics Department offers a Bachelor of Science in Actuarial Science degree program that is recognized as one of the best undergraduate actuarial science programs available in the nation. Valparaiso University’s actuarial curriculum includes classes regarding Economics, Calculus, Statistics, Econometrics, Financial Derivatives, and Actuarial Modeling, to name a few. In addition, degree candidates must complete a 3-credit capstone course, which is included in the 61 required actuarial credit hours. Students can opt to complete a business administration minor simultaneously.

Valparaiso University was founded as Valparaiso Male and Female College in 1859. Valparaiso University remains affiliated with the Lutheran Church.  Valparaiso University was one of the 1st coeducational schools and currently has a student enrollment that surpasses 4,500. 

Highlight Valparaiso University’s Chapel of the Resurrection holds the distinction of being the 2nd largest of any college in the world. 
Degree Actuarial Science, BS

16. Simmons University

Simmons University’s School of Economics offers a Bachelor of Science degree program in Financial Mathematics that prepares degree candidates with tools to enter the actuary or financial services industries. Simmons’ best undergraduate actuarial science programs require an internship plus the completion of coursework in Economics, Statistics, Multivariable Calculus, Econometrics, Probability, Finance, and Investments, to name a few. Simmons University’s BS in Financial Mathematics is an interdisciplinary degree drawing on the fields of economics, management math, and statistics.

Simmons University is a women-focused institution of higher learning that was founded in 1899. Simmons operates two campuses in the Back Bay area of Boston and is home to more nearly 5,000 students. Simmons is one of only 3 schools to accept transgender females without government documentation. 

Highlight Simmons University is affiliated with the Colleges of the Fenway.
Degree Financial Mathematics, BS

17. Northwestern College

Northwestern College’s Mathematics Department offers one of the best undergraduate actuarial science programs available in the United States. NC’s Bachelor of Science (BS) degree program in Actuarial Science is one of 49 actuary degree programs in the nation with the classification of UCAP-AP, awarded by the Society of Actuaries (SOA). Coursework for NC’s actuarial science degree program includes Probability & Statistics, Actuarial Modeling, Math Minds, Discrete Math, Linear Algebra, Calculus I, II, and Advance Derivatives, among others. 

Northwestern College was founded in 1882 and is affiliated with the Reformed Church in America (RCA). The school’s 100-acre rural campus is home to about 1,200 students in a rural community of only 6,000 residents. Resident life at Northwestern College is a fundamental part of the educational experience. US News recognizes Northwestern College among the top ten Midwestern regional colleges. 

Highlight Northwestern College identifies as an ecumenical and evangelical educational community. 
Degree Actuarial Science, BS

18. University of Louisville

The University of Louisville offers a BS in Mathematics Actuarial Science concentration that is ranked among the best undergraduate actuarial science programs available in the education marketplace. The University of Louisville’s BS in actuarial science prepares degree graduates for the first three professional actuarial examinations. Coursework for U of L’s actuary program includes actuarial core courses of Calculus I, II, III, Linear Algebra, Differential Equations, Algebra, and Higher Mathematics, among a few others. 

The University of Louisville is a member school of the Kentucky State University system. U of L’s urban Louisville campuses serve approximately 21,000 students. 

Highlight The University of Louisville holds the distinction of being the 1st city-owned institution of higher learning in the country and as one of the first schools established located to the west of the Alleghany Mountains.
Degree Actuarial Science, BS

19. University of Cincinnati

The University of Cincinnati’s Mathematical Sciences department offers two of the best undergraduate actuarial science programs available in the country. UC’s actuary program options include a Bachelor of Science (BS) degree program or a Bachelor of Arts (BA) degree program in Statistics/Actuary Science. UC’s undergraduate actuary program offers an impressive student to faculty ratios of 11 to 1 and a Center for Exploratory Studies that is recognized on a national level.

The  University of Cincinnati was founded in 1819. UC’s Main Campus extends more than 200 acres, with more than 470 acres when including UC’s Uptown Campus. UC’s main campus is home to most of the undergraduate programs offered by the school. 

Highlight The University of Cincinnati operates regional campuses as Clermont College in Batavia, OH, and Blue Ash College in Blue Ash, OH.
Degree Statistics/ Actuary Sciences, BS & BA

20. University of the Pacific

The University of the Pacific offers a BS in Actuarial Science degree program that is ranked among the best undergraduate actuarial science programs in the United States. Coursework for U of P’s baccalaureate actuary program includes Differential Equations, Calculus I, II, III, Probability & Statistics, Computer Science, Mathematical Statistics, Econometrics, and Models of Life Contingencies, to name a few. The University of the Pacific’s actuarial science degree program prepares students to sit for the first 5 actuarial exams (P, FM, IFM, LTAM, STAM). 

The University of the Pacific was chartered as a private independent institution of higher learning in 1851. The school is affiliated with the Methodist Church and serves approximately 6,400 students. U of P is home to a comprehensive collection of alumni and  Jazz Musician’s Dave Brubeck memorabilia. 

Highlight The University of the Pacific holds the distinction of being the oldest chartered institution of higher learning in California.
Degree Actuarial Science, BS

21. Ashland University

Ashland University’s Department of Mathematics & Computer Science offers a Bachelor of Science in Actuarial Science program that is considered among the best undergraduate actuarial science programs in the nation. Ashland University’s curriculum meets the three Validation by Education Experience (VEE) requirements – Accounting & Finance, Economics, and Mathematical Statistics. The program is sponsored by the CAS, SOA, and the Canadian Institute of Actuaries.

Ashland University is a private institution of higher education that was founded in 1878. Ashland University remains affiliated with the Brethren Church. AU’s suburban campus covers more than 125 acres and serves approximately 5,600 students that align with the school’s Christian value system. 

Highlight In addition to its main campus, Ashland University operates several satellite facilities in the northern and central parts of Ohio.
Degree Actuarial Science, BS

22. Robert Morris University

Robert Morris University’s School of Engineering, Mathematics, and Science offers an on-campus baccalaureate level degree program in actuarial science that is recognized as one of the best undergraduate actuarial science programs. Robert Morris University (RMU) holds the distinction of being a Center of Actuarial Excellence (by the SOA) – one of only 17 in the nation. Robert Morris University’s actuarial program prepares degree candidates to sit for the first 5-7 professional exams for actuaries. Students enrolled in RMU’s BS in actuarial science degree program must complete 120 credit units to graduate, of which 71 credit units must be coursework in the dedicated major. 

Robert Morris University was founded in 1921 as a private institution of higher learning. The school began as the Pittsburgh School of Accountancy. RMU’s suburban campus is home to approximately 5,000 students. Robert Morris University also operates a satellite campus in Pittsburgh’s downtown area.

Highlight The university was named for its founder, a signer of the Declaration of Independence
Degree Actuarial Science, BS

23. Concordia University Wisconsin

Concordia University Wisconsin’s offers a BS in Actuarial Science degree program considered as one of the best undergraduate actuarial science programs available in the education marketplace. CUW’s BS in actuary science requires students to complete 120 credit units in classes that include International Business, Linear Algebra, Calculus I, II, III, Econometrics, and Statistics, to name a few. Students enrolled in this actuary degree program are encouraged to pass the P professional exam before their junior year to secure an internship through the program. 

Concordia University Wisconsin was established in 1881 as a private school. Concordia University Wisconsin is affiliated with the Lutheran Church-Missouri Synod. CUW operates a branch campus in Ann Arbor, MI, after a merger in 2013. Concordia University Wisconsin’s campus is situated on a lake and serves about 7,600 students. 

Highlight Concordia University Wisconsin is a member school of the Concordia University System. 
Degree Actuarial Science, BS

24. Bellarmine University

Bellarmine University offers a BS in Actuarial Science that is ranked as one of the best undergraduate actuarial science programs in Kentucky and surrounding areas. Coursework included in Bellarmine University’s actuarial science curriculum includes Economics, Abstract Algebra, Interest Theory, Introduction to Actuarial Mathematics, and Probability & Statistics, plus the culminating senior math capstone project. Students enrolled in Bellarmine University’s actuary degree program must complete 128 credit units to graduate. 

Bellarmine University was established in 1950. Bellarmine University remains affiliated with the Roman Catholic Church and the Archdiocese of Louisville. Bellarmine University’s 125+-acre campus in urban Louisville is home to approximately 4,000 students. 

Highlight Bellarmine University operates with seven colleges/schools and offers more than fifty academic degree programs.
Degree Actuarial Science, BS

25. Anderson University

Anderson University offers a BS in Mathematics/Actuary that is considered among the best undergraduate actuarial science programs in the southern US. Anderson University’s baccalaureate-level actuary program prepares students for the first four professional actuarial exams – the P, FM, M, and C exams administered by the SOA – the Society of America. Students vying for this BS in actuary degree must complete 128 credit units to graduate, of which 48 credit units must be in the student’s actuary major.

Anderson University was established in 1911 as a private institution of higher education for only women; the school became Anderson University’s (AU) College of Arts and Sciences offers a Bachelor of Science degree program in Mathematics/Actuary that is considered among the best undergraduate actuarial science programs in the southern US. Anderson University’s baccalaureate-level actuary program prepares students for the first four professional actuarial exams – the P, FM, M, and C exams administered by the SOA – the Society of America. Students vying for this BS in actuary degree must complete 128 credit units to graduate, of which 48 credit units must be in the student’s actuary major.

Highlight Anderson University nearly doubled its enrollment between 2006 and 2016. 
Degree Mathematics: Actuarial, B.S.

How Do I Choose an Actuarial Science Program?

The best Actuarial Science degree programs provide students with the math and science skills they need to predict specific patterns and identify varying types of risks. It’s important to find a school that has a solid reputation for providing a sound curriculum that imparts the type of tools an actuary relies on to do their job effectively. Look for the colleges and universities that are ranked for having the top undergraduate actuarial science programs. They should also be highly recommended by students who have attended the universities and earned their degrees from there.

The second step in choosing the best actuarial science school is a personal choice. Does the school offer an online program that will allow you to continue to work while attending school? Do they offer an accelerated program that allows you to complete your degree in a much shorter time frame? Have you attended the school in the past for other degree programs and received what you expected from the coursework? You will want to take a close look at the classes that are being offered for each degree program to ensure that they will provide you with the skills you need to succeed.

What Can I Do With an Actuarial Science Degree?

A graduate with an actuarial science degree has many employment opportunities they can choose from. Working as an actuary will earn the graduate approximately $100,000 a year. Actuaries work within the financial and insurance industries to try and determine what risks are possible and then find ways to reduce the impact of those risks on the business. Insurance underwriters also work to help protect the interests of insurance companies. As an underwriter, graduates can make approximately $70,000 per year with the potential to earn more as they gain additional experience.

Financial analysts and consultants are also in high demand and can make close to $85,000 per year. Financial analysts often find work in investment companies, brokerage firms, and lending institutions. These types of companies rely on understanding trends within the economy and financial markets. They rely on analysts and actuaries to identify trends that may cause an abnormally high level of risk for clients who invest or individuals who need to borrow funds. Being able to work with these figures shows the companies what investments are good and which ones carry too high of a risk.

What Are Other Jobs Related to Actuarial Science (Besides an Actuary)?

Financial analysts are in high demand across several different industries. The position offers an extremely high earning potential, especially for graduates who have received a degree in actuarial sciences. Jobs for actuarial science graduates offer long-term benefits and can provide job security for those who have the skills to perform their duties accurately and efficiently. Individuals who have degrees in other financial areas can return to school and obtain their actuary sciences degree and branch out, expanding their horizons into other areas for additional benefits.

Financial consultants are also wanted for their expertise in helping companies invest their resources. Individuals with a degree in business can return to school and earn their degree in actuary sciences and provide additional insight into how investments may affect a business or how they can reduce the risks they already have due to poor investments that were made in the past. Financial consultants can be found in many different industries and can transfer easily from one industry to another. Enrolling in an accelerated online degree program will allow the student to continue to work and attend school at the same time, making it easier for them to get ahead.

Carrie Morris
Author

Warren Dahl
Editor-in-Chief

10 Most Affordable Online Supply Chain Management Master’s Degrees for 2020

cheapest online masters

Working professionals in supply chain management know that a master’s degree will help their career beyond the bachelor’s degree. But a promotion or new job isn’t worth as much with a burden of student debt. The first step to saving money on an online master’s in supply chain management is to find the cheapest online masters in supply chain management. Even looking for the cheapest online masters in supply chain management, an individual must conduct research and comparing his or her options. 

Another way to find the most affordable online masters in logistics is to ask a person if his or her employer offers any tuition reimbursement programs. Additionally, a person can find affordable online masters in logistics by applying for federal and state aid. There’s also the option for affordable online masters in logistics by finding scholarships and grants through schools and organizations. 

Methodology: Ranking the Most Affordable Online Master’s in Logistics and Supply Chain Management 

For students looking for an affordable online master’s in logistics and supply chain management, Great Business School editors looked for more than price, including student satisfaction and job market reputation. But to organize the ranking, only one factor matters: tuition price, as reported by IPEDS. Schools are ranked from lowest to highest tuition rate, and all are fully accredited

1. Georgia College and State University

Georgia College and State University offers a Master of Logistics and Supply Chain Management online degree program that can be completed in less than 2 years. The program is designed to offer students everything they will need to manage any size supply chain as well as take control of the logistics of an operation, making it run smoothly and efficiently from start to finish. With logistics being one of the fastest-growing job markets in the country, having the right degree shows that the student has the skills to do the job the right way. Georgia College and State University offer one of the most affordable online Masters in logistics in the area.

Georgia College and State University offer students a chance to take their courses online from virtually anywhere in the country and earn the degree they need to advance in their careers. Students are taught not only specific skills but also how to learn from their new experiences. Each student graduates with a renewed sense of motivation that pushes them forward toward the goals they have set for themselves. Faculty members strive to provide as much interaction as possible so online students graduate with the same confidence as those who sit in the classroom.

Degree Master of Logistics and Supply Chain Management

2. North Dakota State University

North Dakota State University offers one of the most affordable online Master of Supply Chain Management degree programs for students who want to return to school but need to continue working. NDSU’s online supply chain management master’s degree program offers skills in logistics and supply chain management, emergency management, retail, consulting, and operations management, just to name a few. Students learn various aspects of handling the various management tasks while working through logistics and keeping both functioning as efficiently as possible. As one of the most affordable online Masters in Logistics programs, this degree offers the graduates a head start in reaching their goals.

North Dakota State University provides each student with one of the best educational experiences possible. The school is “mission-driven” which means everything it does is dedicated to helping each student succeed. Students who enroll in the university’s online degree programs are treated just the same as those who attend campus. By offering affordable online degree programs in supply chain management and logistics, students are able to continue working and making sure their family’s needs are met.

Degree Master of Supply Chain Management

3. Charleston Southern University

Charleston Southern University provides students with an affordable online MS or MBA in Supply Chain Management that they can use to excel in the career of their choice. Supply chain management and logistics are two of the fastest-growing job markets. Students who earn their MS or MBA learn ethical management practices, innovative managerial strategies, procurement strategies, and distribution/transportation management solutions that will keep the companies they work for organized and running smoothly. An affordable online Masters in logistics can be used throughout the industry in many different capacities that will allow you to move up in the world.

Charleston Southern University is one of the most affordable and easily accessible schools available. They offer a variety of financial assistance options that will allow you to enroll and get back to earning your degree. The faculty to student ratio is a low 12 to 1 so students always have access to an instructor if there are questions about a project or assignment. The university takes great pride in being able to offer each student a quality learning experience at a price they can afford.

Degree MS or MBA in Supply Chain Management

4. University of Nebraska

The University of Nebraska’s affordable online MBA in Supply Chain Management is designed to offer students the greatest advantage in terms of skill sets and qualifications once they graduate and enter the job market. The coursework includes global supply chain management, advanced supply chain technology, data mining, lean supply chain management, and controlling supply chain systems. With an affordable online Masters in Logistics, students will be able to pursue their careers while still working and supporting their families.

The University of Nebraska has over 150 worth of experience in educating and preparing students for various career paths. The university provides students with valuable resources they can use to move forward in their careers. Whether the student attends class online or in a traditional classroom on campus, they will receive the same quality education from faculty members who are committed to making sure they succeed.

Degree MBA in Supply Chain Management

5. University of Arkansas

The University of Arkansas offers an affordable Executive MBA in Supply Chain Management for students who want to take their career to the next level. By providing them with the necessary leadership and organizational skills that are needed within the Supply Chain Management operational system, students can apply for jobs with confidence and know they have the qualifications to handle every situation. Enrolling in an affordable online Masters in Logistics degree program, students can get the education they need to move forward.

The University of Arkansas makes quality coursework a priority. Both faculty and students work together to make getting an education as easy as possible. The university offers a variety of financial aid options that will allow students to work toward their degrees. Students who choose the online degree programs are offered the convenience of continuing to work and being able to study when its easiest for them.

Degree Executive MBA in Supply Chain Management

6. University of Wisconsin – Platteville

The MS in Integrated Supply Chain Management Program from the University of Wisconsin – Platteville prepares students for the complexity of global shipping, transportation, and management. With a focus on how business, engineering, and all other aspects of the field interact, UWP’s program is designed to be applicable to many industries. 

Known for affordability and quality, the University of Wisconsin – Platteville is part of one of the top public university systems in the US, the UW system. Along with its sister institutions, UWP has also become known as one of the top online educator in the nation. Students can be confident that the Integrated Supply Chain Management master’s will advance their career without a mountain of debt. 

Degree MS in Integrated Supply Chain Management

7. Embry-Riddle Worldwide

Embry Riddle offers an affordable online MS in Logistics and Supply Chain Management. The degree program they offer equips students with the ability to thrive in a fast-paced work environment. They have the capability to manage supply chains and logistics operations on a variety of levels and in many different situations. They are able to procure and source materials, prepare parcels for delivery and create distribution and transportation options for large companies and retail businesses. With an affordable online Masters in Logistic degree, each student can graduate with confidence and prepare themselves to enter into their career as a professional.

Embry Riddle Worldwide offers online degree programs to students from across the world. This gives them an opportunity to continue to work and gain the hands-on experience that many positions require. While they are working, they have flexible class schedules that allow them to complete their degree program in a time frame that fits their lifestyle.

Degree MS in Logistics and Supply Chain Management

8. University of Maryland Global Campus

The University of Maryland Global Campus offers graduates an affordable MS in Acquisition and Supply Chain Management that will allow them to expand on their existing skills and at the same time move forward in their career. Students are taught both acquisition and distribution processes, as well as how to effectively manage any size logistics operation. Students are also taught to apply the skills they have learned to different situations in order to keep processes moving forward and businesses running smoothly.

The University of Maryland Global Campus offers the very best in affordable online learning opportunities. Students can study at their pace, offering them the convenience of studying when it’s best for them. With an online platform, students can also continue to work, care for their family, and gain valuable hands-on experience that can be used throughout their careers.

Degree MS in Acquisition and Supply Chain Management

9. University of Alabama at Huntsville

The University of Alabama at Huntsville offers an affordable online MS in Supply Chain and Logistics Management for students that are ready for the next step in their career. The coursework provides an abundance of information that will allow students to understand every aspect of how supply chains work, as well as how they are managed. This includes developing organizational strategies, decision-making, and increasing efficiency in terms of logistics and distribution. By earning an affordable online Masters in Logistics, each student is given an opportunity to prove themselves as a professional in their field.

The University of Alabama at Huntsville offers students the highest-quality learning environment, whether it be in the classroom or online. Every faculty member is a highly-skilled professional who has worked in supply chain management for many years. They bring to the table both experience and insight on how to navigate through specific types of situations as well as create strategies to make supply chain management systems more efficient.

Degree MS in Supply Chain and Logistics Management

10. Oregon State University

Oregon State University gives students an opportunity to pursue an affordable online MBA in Supply Chain Logistics and Management degree that will afford them the skills and abilities they will need if they choose to enter into a position where knowledge of logistics and supply chain management is needed. Once they graduate, they will be able to effectively manage a variety of operations and manage supply chains, both global and domestic, of any size. With their affordable online Masters in logistics degree, they will be able to become established in a career that allows them to reach their future goals.

Oregon State University offers a state of the art online platform that gives students everything they need to complete their degree program at their own pace and when it is most convenient for them. Students who work full-time outside of their classes rely on a flexible schedule and an easy to use platform to complete their studies. They are able to have the best of both worlds during a time when many students struggle. They are able to complete their education and build a life for themselves where they can continue to advance and move forward with their career.

Degree MBA in Supply Chain Logistics and Management

Should I Choose an MBA or Master’s in Supply Chain Management?

Whether a person should choose an MBA vs masters in supply chain management depends on his or her interests. Additionally, choosing between a masters in supply chain management vs MBA should also take into consideration a person’s career goals. 

For a person to make a decision between an MBA vs masters in supply chain management, it’s vital to understand what a person learns in each one of these programs. First and foremost, when comparing a masters in supply chain management vs MBA, an MBA provides a person with education in a wide variety of subjects, including finance, marketing, and data analytics. A person also learns about operations as well as operations systems. 

On the other hand, when comparing masters in supply chain management vs MBA, a person in a supply chain management program may partake in a number of classes related to science, technology, engineering, and mathematics. A person learns about inventory management, sourcing, and even supply chain design and analysis. Additionally, a person learns about ethics in business as well as organizational behavior, accounting, and general management skills. 

This may lead a person to wonder “Is an MBA in supply chain management a good career choice or is an MBA?” An MBA prepares an individual for positions like a commodity manager, director of purchasing, logistics management analyst, or director of supply chain operations. On the other hand, an MBA with a concentration in supply chain management prepares a student for a position possibly dealing with global chains. This is because part of the MBA educates a student about the global market. Other possible positions for someone with an MBA with a concentration on supply chain management include either a supply chain manager or a quality assurance manager. 

Is an MBA in Supply Chain Management a Good Career Choice?

After comparing, a student may still wonder if an MBA in supply chain management is a good career choice. One of the most important questions a prospective pupil may wonder is what is an MBA in supply chain management salary. Fortunately, a person who has an MBA in supply chain management may earn nearly $100,000 per year. In fact, the average salary for a person with this degree is $96,000 per year. The top earners who have an MBA in supply chain management earn around $120,000 per year. These MBA in supply chain management salary statistics don’t incorporate the fact that a person may receive a generous signing bonus. Even as an intern, it’s possible for a person to earn a substantial salary. On average, a person can make $6,000 per month as an intern in this field. 

Will a Certification in Supply Chain Management Help My Career?

A person may not want to commit to a master’s degree in business with a concentration in supply chain management or a master’s in supply chain management. These programs can take a year or longer. A certification, however, only takes a matter of months or less. A certification can boost a person’s credentials and make him or her a better candidate for available job opportunities. It can also help the individual earn more money or be able to take on a more vital role at his or her current job. Plus, it better prepares a student for the real world of working in supply chain management. 

However, a person should look for the best certification in supply chain management. The reason a person should look for the best certification in supply chain management is because they’re not all equal. 

For one, a person can find a free online certification in supply chain management. Just like the name suggests, a free online certification in supply chain management doesn’t cost a person anything. However, these may not adequately prepare a student for his or her goals. Therefore, it’s vital for a person to compare the programs.   

Another option is an international certification in supply chain management, which educates students about supply chain management when working with companies that work internationally. An international certification in supply chain management can help a person achieve positions within large, global corporations.  

Carrie Morris
Author

Warren Dahl
Editor-in-Chief

10 Fastest Online Supply Chain Management Master’s Degrees for 2020

supply chain masters online

If you want to advance your supply chain management career fast, look to an accelerated program. An accelerated program allows you to finish your master’s degree at a faster pace when compared to a traditional master’s degree program. If you have a bachelor’s in supply chain management, the accelerated master’s builds on that expertise. That means you will need to work on completing your course material at the same fast pace.

The primary advantage is the shorter amount of time before you can move forward in your career. It allows you to start working on a new job or to gain opportunities for advancement in your job within a short amount of time. You will also notice a financial advantage. Since it does not take as long to complete the course material, you may have lower costs associated with an accelerated degree program when compared to a traditional program. In some cases, a university may offer scholarships or other financial assistance for students in an accelerated master’s program.

Methodology: Ranking the Best Accelerated Supply Chain Management Degree Programs

Speed is important, but so is quality. That’s why Great Business Schools editors chose only accredited, reputable institutions for the best accelerated supply chain management program ranking. Schools have to offer a master’s degree that can be completed in less than 2 years, and are ranked according to their value: Cost, Job Market Reputation, and Student Satisfaction, with date from IPEDS, Niche, and College Scorecard. 

1. Adelphi University

Adelphi University offers an MS in Supply Chain Management with STEM-Designation. This accelerated supply chain management degree teaches students the latest techniques for solving logistical challenges in industry. The program integrates knowledge of customer service, production, sourcing, and logistics. Students gain the skills they need to prepare for a career in supply chain management, including the latest technological skills for the industry.

The Robert B. WIllumstad School of Business at Adelphi University prepares today’s students for the business opportunities of tomorrow. The school is collaborative, innovative, and creative. There is a focus on internships and other real-world experiences that help prepare students for their future careers.

Highlight This program takes just one year to complete when taken full time.
Degree MS in Supply Chain Management – 12 months

2. Marquette University

Marquette University offers an online MS in Supply Chain Management. This accelerated supply chain management degree gives students the knowledge and tools required to help transition their companies from physical supply chains to digital. Students can learn at their own pace in a curriculum that is driven by industry and up to date with current supply chain management technologies. The program can be completed in as little as one year.

The Graduate School of Management at Marquette University is known for its quality master’s degree programs. Students benefit from flexible schedules and high-achieving faculty members. The school strives to be a destination of choice for business students. It strives to create strong leaders who will make the world a better place. The school emphasizes student excellence, research, and community engagement. There is a strong alumni network.

Highlight The program can be completed 100% online either part time or full time.
Degree MS in Supply Chain Management – 12 months

3. Texas A&M International University

Texas A&M International University offers an online MBA in International Trade and Logistics. This accelerated supply chain management degree consists of 30 credit hours and helps students learn the skills and knowledge they need to diversify their career opportunities by learning about export and import operations and logistics strategies. Students learn about international trade, operations management, customs regulations, warehousing and distribution, and international transportation.

The A.R. Sanchez, Jr. School of Business has a multicultural faculty made up of experts who draw on their own experiences to provide students with a top-notch business education. The school offers a dynamic learning experience that is supplemented with internships and other opportunities for real-world, hands-on learning. Students gain the skills and experiences they need to be resourceful and independent leaders who will build successful careers and impact the business world in a positive way.

Highlight This program can be completed in as little as 15 months.
Degree MBA in International Trade and Logistics – 15 months

4. University of West Florida

The University of West Florida offers an online MBA in Supply Chain Logistics Management. This accelerated supply chain management degree helps students develop effective business practices that save time and money. Students learn all aspects of supply chain management, from logistics systems to logistics management. In addition, they learn the foundations of business management. Courses include financial management, marketing management, and quantitative methods for business.

The University of West Florida offers accelerated online programs that help students advance their careers quickly by providing the education and skills they need to get ahead. The programs are flexible enough to meet the needs of busy, working professionals. UWF’s online business programs are AACSB accredited, so students receive a high-quality education that will help them advance in the business world. UWF believes that higher education can change the world and equips its students with the tools they need to become effective leaders.

Highlight The program can be completed in as little as 16 months.
Degree MBA in Supply Chain Logistics Management – 16 months

5. Boston University

Boston University offers an online MS in Supply Chain Management that provides students with the knowledge they need to navigate today’s complex international supply chain networks. Students learn about international trade, logistics, and supply chain theory. There is a shortage of graduates to fill the jobs available in this field, so it is a great time to major in supply chain management. Graduates will be able to design, optimize, and operate a global supply chain.

Boston University’s Distance Education office is made up of media producers, instructional designers, and support staff who work with the faculty at Boston University’s colleges and schools to provide top-notch online educational programs for its students. The distance education team ensures that all online offerings meet their high standards while delivering the quality educational experience students deserve.

Highlight This accelerated supply chain management degree can be completed in 18 to 24 months.
Degree MS in Supply Chain Management – 18 months

6. Portland State University

Portland State University’s online MS in Global Supply Chain Management is one of the most prestigious and well-developed in the world, with recognition from the Institute for Supply Management. The program at Portland State is specifically designed for working adults who are already experienced professionals in the field to develop their managerial skills and advanced knowledge. 

PSU’s location in Portland is also an essential asset to graduates, providing connections to a wide range of industries. With one of the best online education systems in the US, Portland State provides online students with all the experiential learning and mentorship of a traditional program, with the convenience of an accelerated distance format. 

Highlight Portland State’s supply chain management online degree takes just 18 months to complete. 
Degree MS in Global Supply Chain Management – 18 months

7. Governor’s State University

Governors State University offers an online MBA in Supply Chain Management. This program is 100% online and is taught by full-time faculty members who have the experience to be able to deliver the specialized knowledge students need to succeed in the field of supply chain management. Students learn about operations, management, and organization as well as supply chain management and logistics. Graduates are prepares to take on challenging careers as supply chain managers.

The College of Business at Governors State University integrates research with real-world experience and big ideas to create courses that include both practice and theory. The school’s top-notch professors teach students the skills they need to become successful business leaders. The College of Business is focused on the success of its students. The classes are small, so students can get the attention they deserve. The school’s core values are continuous improvement, excellence, diversity, and accountability.

Highlight This accelerated supply chain management degree can be completed in 18 months.
Degree MBA in Supply Chain Management – 18 months

8. University of Texas at Dallas

The University of Texas at Dallas offers an MS in Supply Chain Management that is part of the school’s STEM program. Students who complete the program receive a SAS certificate in data mining and business intelligence. The program can be taken online or on campus. There are outstanding internships and job placements available for supply chain management students, as well as international study opportunities. US News & World Report ranked the program #20 (tied) for supply chain and logistics programs.

The Naveen Jindal School of Management is one of the leading business schools in the nation. The school has more than 30 degree program and over 9,000 students. The Naveen Jindal School offers rigorous curriculums that are developed by top-notch faculty members to challenge students. The school is committed to excellence and diversity.

Highlight This accelerated supply chain management degree takes 18 to 24 months to complete.
Degree MS in Supply Chain Management – 18 months

9. Kettering University

Kettering University offers an online MS in Supply Chain Management. This accelerated supply chain management degree is available 100% online and there are three concentrations available: healthcare management, global leadership, and operations management. Students learn the skills they need to pursue successful careers in logistics, transportation, manufacturing, import and export. Graduates are experts in delivering goods to the consumer. Courses include foundations of supply chain management, customer relationship management, and supply chain logistics.

Kettering University is committed to providing training for STEM professionals that will allow them to achieve extraordinary levels of leadership, innovation, and success. The school integrates hands-on learning with a top-notch academic program to help students achieve their full potential. Kettering is one of the best schools in the world at combining practice with theory. Kettering has always been about technology, having started in the beginning as the School of Automobile Trades.

Highlight This program can be completed in just 18 months.
Degree MS in Supply Chain Management – 18 months

10. Nova Southeastern University

Nova Southeastern University offers an MBA with a major in Supply Chain Management & Operational Systems. This program prepares students to become leaders in the supply chain management industry, helping to ensure that products make it from one place to another on time. Students receive a foundation in business administration along with a focus on moving and storing goods. Industry leaders provide valuable insights and offer real-world projects that give students hands-on experience.

The H. Wayne Huizenga College of Business & Entrepreneurship is one of the few business schools in the world that has entrepreneurship in its name. The school has over 3,000 students and collaborates with more than 100 corporate partnerships to provide corporate visits, internships, and networking opportunities. The school’s faculty has experience in the real world, and the curriculum is constantly being updated to keep up with ever-changing advancements in technology.

Highlight This accelerated supply chain management degree can be completed in 21 months.
Degree MBA in Supply Chain Management & Operational Systems – 21 months

What if I Already Have a Degree?

When you have a master’s degree in business or a related field, you may not be able to obtain a traditional master’s degree in supply chain management. That does not mean you cannot add to your degree with a graduate certificate in supply chain management.

An advanced certificate in supply chain management is designed to give you specialized skills that apply to your industry or job. An online graduate certificate in supply chain management allows you to enhance your current degree and show employers that you have the ability to work in a leadership role.

When you are looking into a certificate in procurement and supply chain management, make sure that you evaluate the details of the program. A graduate certificate in supply chain management online may have educational requirements you must meet to qualify for the classes. You also want to evaluate the school so that your professional certificate in supply chain management is from an accredited university or college. 

By obtaining a master certificate in supply chain management and logistics, you are able to improve your educational background. It gives potential employers or current employers confidence in your capabilities and sets you up for one of the highest-paying jobs in business.

What is Logistics Management? 

When you are looking into what does a logistics manager do, it will bring up the question of what is logistics management in the first place. You may also wonder how it differs from supply chain management.

As a general rule, logistics management is a process used to procure, move, or store materials. What does a logistics management specialist do in their job? They work on obtaining materials that a company needs for a product or service. They then make sure that it moves to an appropriate location or is properly stored until it is needed by the business. 

The job may also involve the maintenance of company inventory and the management of finished products or parts for products. The exact role of a logistics manager depends on the company and their specific needs, so it may have many similarities to a supply chain manager.

How Do I Become a Logistics Manager?

When you want to become a logistics manager or work in a management position within a supply chain for a business, you want to obtain the right degree and training. A master of logistics and supply chain management is a good place to start developing the relevant skills you need as a professional. The masters of logistics and supply chain management give you specialized training in logistical support for a business or corporation.

After you complete a master’s in supply chain management and logistics, you can focus on gaining experience in your field. The master of logistics and supply chain management gives you the fundamental skills and tools you need to appeal to an employer; however, you will need to work as a manager to build on your education.

In some cases, you will work your way up in a corporation or business when you gain enough experience and you complete a master’s in logistics and supply chain management. The specific training your employer needs may vary, so you may need to take leadership training courses or complete other types of training within the company before you are able to advance into a logistics manager position.

The role of a manager focuses on leading others to accomplish a goal. By obtaining a master’s degree, you learn the fundamental leadership skills you need to take on an advanced position. It may take time to find a job that fits your long-term goals or to obtain a promotion into a management position after you finish your degree. By gaining experience and completing your education, it is possible to get the attention of an employer and improve the number of opportunities to take on greater responsibilities in your workplace. 

Carrie Morris
Author

Warren Dahl
Editor-in-Chief

15 Best Online Supply Chain Management Master’s Degrees for 2020

wright state university online

Earning your Master of Supply Chain Management degree online will allow you to extend the scope of your skills to include advanced technology, management, and logistics. These advanced skills will give you an opportunity to work with systems that are more complex and diverse. Supply chain management is a profession that allows you to bring companies together through logistics, procurement, transportation, and disbursement. Choosing the right online master’s degree program will allow you to work both locally and globally making it possible for you to choose where you want to be.

An online Masters in Supply Chain Management gives you an opportunity to explore employment opportunities while you are attending school. Earning your degree while working a full-time job can make for a busy schedule but it is well worth the effort when you receive your first paycheck. An online Masters’ degree in Supply Chain Management offers you opportunities that will allow you to excel in your field and have the life you want. Even before finish your online degree, your education will be paying you much-needed benefits.

Methodology: Ranking the Best Online Master’s in Supply Chain Management

Because online students need to know their degree will make a real impact on their careers, Great Business Schools editors ranked the best online supply chain management master’s programs according to practical factors: Tuition, Salary Potential, and Reputation, using data from IPEDS and Niche. Only fully accredited institutions qualify for the ranking. 

1. University of Wisconsin – Whitewater

The University of Wisconsin in Whitewater offers students one of the best MBA in Supply Chain and Operations degree programs. Each online student has access to the same quality courses that campus students do. The MBA program offers advanced studies in areas where experience is a must. This includes strategizing and managing operations that involve multiple locations and companies that must all be brought together. By earning the best online Masters in Supply Chain Management degree, graduates can take their career to the next level and explore new, higher-paying job opportunities.

The University of Wisconsin in Whitewater has an excellent reputation when it comes to quality coursework and professional faculty members. Students are able to work on an online platform that is designed to be extremely easy to use. Student schedules are extremely flexible, allowing them to maintain their current employment and care for their families.

Highlight UWW has earned many awards by maintaining the highest standards for both faculty members as well as the degree programs they offer.
Degree MBA in Supply Chain and Operations

2. Northeastern University

Northeastern University provides students with one of the best online MBA in Supply Chain Management degree programs on the east coast. Students are enrolled in classes where they learn various aspects of supply chain management, including procurement, distribution, logistics, strategic planning, and operations management. Students learn not only to strategize but also to organize and prioritize steps in the process so they run more efficiently. By completing one of the best online supply chain management masters programs, students have an opportunity to explore new options in the career they love.

Northeastern University is one of the most prestigious schools in the northeastern United States. It offers an award-winning faculty that brings to the table years of experience as well as a willingness to work hand in hand with the students to ensure they reach their goals. Students are provided with every resource possible so they can study when it is most convenient for them and still care for the ones they love.

Highlight Northeastern is well-known for its state of the art campus and strict adherence to the highest standards when it comes to education.
Degree MBA in Supply Chain Management

3. University of San Diego

The University of San Diego’s online MS in Supply Chain Management degree program will allow students to explore new opportunities for advancement in their careers. After graduation, the student will be able to apply the principles of supply chain management, identify potential issues, and find strategic solutions that bring supply chain operations into alignment with more advanced processes. Students who have completed one of the best online Masters in Supply Chain Management degree programs are able to take their knowledge and use it to excel in a position in which they can thrive.

USD’s supply chain management students have access to an online platform that is easy to follow in addition to a flexible schedule that allows them to complete their coursework when it is most convenient for them. Students are able to work at the same time they attend school making it easy for them to care for their family.

Highlight The University of San Diego has a reputation for being one of the best schools on the west coast in terms of quality curriculum and faculty members with impressive credentials. 
Degree MS in Supply Chain Management

4. Golden Gate University

Golden Gate University offers an online MBA in Global Supply Chain Management that gives students an opportunity to explore employment options on a much larger level. Global supply chain management requires not only strategic skills in terms of operations and management, it is also mandatory that they learn about business practices and protocols on a global level. Completing one of the best online Masters in Supply Chain Management degree programs is one of the best ways to advance in your career and still maintain your current employment.

Golden Gate University offers students the best in adult education, especially for students who want to advance in their careers while continuing to gain experience working in the field. Small class sizes ensure quality interactions between faculty and students. Online coursework offers flexible schedules to students who may already have a hectic lifestyle in terms of family and work.

Highlight Expert instructors offer experience and insight into the profession that comes from working in the field.
Degree MBA in Global Supply Chain Management

5. Lehigh University

Lehigh University provides an online MBA in Supply Chain Management that can be used to open doors to more advanced opportunities. Skill sets are taught that help with supply chain planning, strategic supply management, transportation, distribution, and logistics. Students are taught to apply specific strategies and critical thinking in an attempt to find viable solutions for issues that may arise. Those who graduate with the best online Masters in Logistics degree are capable of effectively managing supply chains of any size and find solutions to the most difficult problems these types of experiences face.

Lehigh University and Lehigh Business offer students unique opportunities to grow and expand their horizons. They offer both experience and expertise in their fields and pass that on to their students. Combined with the resources the school has available, the degree programs that are offered meet the strict standards of excellence that have been put in place by the university.

Highlight Lehigh’s highly decorated faculty are passionate about helping students get ahead. 
Degree MBA in Supply Chain Management

6. Lindenwood University

Lindenwood University offers one of the best online MBA in Supply Chain Management programs for students who are interested in pursuing a career in logistics or supply chain management. The online coursework includes lessons on procurement, distribution, logistics, integration strategies, and understanding how to manage supply chains and various operations. The resources provided by the school go hand in hand with the experience of the teachers to create a well-rounded educational program. Students who want the best online Supply Chain Management Masters degree program can earn their degree in their own time and at their own pace.

Faculty members are chosen based on their experience and their passion for teaching their students. The school believes in providing each student with what they need to become as independent as possible. Through their online program, students can work a full-time job and take their classes when it’s most convenient for them.

Highlight Lindenwood University has been providing quality degree programs for almost 200 years.
Degree MBA in Supply Chain Management

7. Penn State World Campus

Penn State World Campus offers one of the best online Master of Supply Chain Management degree programs available. Students learn how to direct supply chain operations, analyze various aspects of the supply chain operations, and effectively manage both the logistics and the distribution aspects of the business. Students who graduate with their degrees are able to move past entry-level positions and apply for higher-paying positions. Earning one of the best online Masters in Supply Chain Management degrees is the best way to get the career you want.

Penn State World Campus offers students all of the benefits of the traditional classroom environment only in an online format. Faculty members show online students the same passion and commitment as those in the classroom. The school offers many resources both online and in the classroom that will give each graduate an advantage they may not have otherwise received through their education.

Highlight Penn State World Campus pioneered distance education and online education, and continues to be one of the most innovative in higher education. 
Degree Master of Supply Chain Management

8. Wright State University

Wright State University offers an online MS in Logistics and Supply Chain Management that will provide students with the skills and abilities they need. Supply chain specialists are able to oversee the management of several kinds of logistics operations. They also have the ability to handle various steps in the supply chain process including procurement, distribution, transportation, and inventory. Having earned their degree in one of the best online Masters in Supply Chain Management degree programs offers them a definite advantage.

The University goes above and beyond when it comes to creating course plans that provide students with all of the information they need to be professionals in their field. Students who commit to an online degree program often do so because it is the only way for them to complete their studies while still working a full-time job.

Highlight Wright State University is known as one of the best universities in the Midwest in terms of quality coursework and exceptionally talented faculty members.
Degree MS in Logistics and Supply Chain Management

9. University of St Francis

The University of St. Francis provides an online MSM in Supply Chain Management degree program that enables students to continue their education at their own pace. Students who enroll in the program are provided with a variety of management skills. They are taught how to strategize, prioritize, organize, and manage every aspect of a supply chain operation. Students are taught how to properly analyze data that will help them find effective solutions for any situations that may present themselves. By offering one of the best online Masters in Supply Chain Management degree programs, students are given what they need to qualify for the highest paying jobs in the logistics field.

The University of St. Francis is considered to be one of the top schools when it comes to business operations and supply chain management degrees. The online courses they offer are delivered over a state of the art platform that is easy to use. Going to school while working a full-time job can be a challenge, but St. Francis’ online courses makes it worthwhile and easy to accomplish.

Highlight St Francis students have direct contact with their faculty advisors and are able to interact with them whenever they have questions or concerns
Degree MSM in Supply Chain Management

10. Florida Institute of Technology

Florida Institute of Technology provides one of the best online MS in Supply Chain Management programs for students who are ready to take on more responsibility in their career. The online classes offered by the Institute provide skills that the student needs to remain as competitive as possible in a fast-paced, highly-skilled environment. Students are taught how to strategize and manage all aspects of a supply chain operation. By offering students the best online Supply Chain Management Masters degree program, the Institute is able to ensure that graduates have everything they need to succeed in finding the job of their dreams.

The Florida Institute of Technology is a leader when it comes to offering top quality online management degree programs. As a Golden Age University, the school has been providing educational programs to students for over 50 years. Students who choose to attend the Institute by enrolling in one of their online programs are guaranteed an education that will make them as competitive as possible in the field of supply chain management.

Highlight FIT is ranked as one of the top 50 universities in the south. 
Degree MS in Supply Chain Management

11. Syracuse University

Syracuse University offers an online MBA in Supply Chain Management that allows students an opportunity to move forward in their career and qualify for higher-paying positions as they come available. Students learn to use Excel and other programs to effectively manage supply chain operations and logistical processes that keep businesses running smoothly. Offering one of the best Masters in Supply Chain Management ensures the school that the students have everything they need to become a professional in their field.

The school offers several different degree programs that allow students to customize their educational experience. Flexible schedules allow students who work a full-time job to complete their classwork when it is easiest for them. After graduates finish their degree program, they can take their skills and apply for a position with more responsibilities.

Highlight Syracuse University is known across the country as a premier school in terms of quality courses and highly-skilled faculty members who are passionately dedicated to their students.
Degree MBA in Supply Chain Management

12. Fontbonne University

Fontbonne University’s online MS in Supply Chain Management degree is one of the most advanced programs in the central United States. A degree in Supply Chain Management offers courses in ethics, management, organization, procurement, distribution, logistics, and inventory, among others. Students receive the tools and resources they can use throughout their careers. When pursuing one of the best online Masters in Supply Chain Management degree programs.

Fontbonne University is a smaller university but it provides excellent educational opportunities for students who choose to earn their degree at the school. They have more access to programs and resources they need to achieve the goals they have set for themselves. Online classes offer flexibility as well as the freedom to complete their work when they have the most time.

Highlight Because of Fontbonne’s small population, students receive more time with their instructors. 
Degree MS in Supply Chain Management

13. University of Southern California

The University of Southern California offers an online MS in Global Supply Chain Management that can be used to gain access to premium job opportunities in the field of logistics and distribution. Career options for graduates include operations managers, procurement, distribution, logistics, supply chain management, demand planning, inventory, acquisition, and strategic planning when it comes to dealing with multiple companies and locations at one time. With the best online Masters in Supply Chain Management degree programs, students are put in control of their own destiny and can choose the career that is right for them.

The University of Southern California is well-known and respected for its commitment to excellence in education. Faculty members bring experience, expertise, and a commitment to their students to the table. Students who choose online degree programs often do so because of having to maintain an existing job to care for their families. USC’s degree programs offer them an opportunity to do both.

Highlight USC’s online degree programs are second to none in terms of quality course content.
Degree MS in Global Supply Chain Management

14. Webster University

Webster University offers one of the best online MA in Procurement and Acquisition Management degree programs. Students learn many different skills that help them assist companies of all sizes in terms of supply and demand, project management, analyzing trends in acquisition and distribution, as well as finding strategic sourcing opportunities. When students graduate with the best online Masters in Supply Chain Management, they receive opportunities that will open doors for them over the next few years.

The online courses they offer are of the highest caliber in terms of skills, lesson quality, and valuable resources. The faculty members have numerous achievements and are very passionate about helping each student reach their fullest potential. With online degree programs, students are restricted by a strict schedule. Instead, students can continue to work and study when it is most convenient for them.

Highlight Webster University is one of the most popular and respected schools in America for online learning.
Degree MA in Procurement and Acquisition Management

15. University of Washington

The University of Washington’s online Master of Supply Chain Transportation and Logistics is one of the best in the country. Students are taught how to effectively manage both small and large supply chain operations. They are taught how to procure, distribute, inventory, transport, and prioritize every step of the process. Students are also taught about logistics and distribution to ensure that all of a company’s operations move smoothly from start to finish. Graduates who have completed one of the best Supply Chain Management Masters degree programs can enter the job market with confidence.

The University of Washington takes pride in offering courses that provide a solid foundation for students to build on. The faculty at the school work diligently with each student to ensure that they all have everything they need to succeed on their chosen career path. Students who sign up for online courses can work and attend school at the same time, giving them an opportunity to gain valuable hands-on experience.

Highlight The University of Washington offers students every advantage, especially when it comes to learning through an online platform. 
Degree Master of Supply Chain Transportation and Logistics

Can I Get an MBA In Supply Chain Management Online?

Earning an online MBA in Supply Chain Management has never been easier. Online degree programs offer flexible schedules and the same competitive education that students receive in a traditional classroom setting. Students have access to experienced faculty members and instructors who can offer insight into situations that the students may find themselves in throughout their careers. Innovative programs teach students who are earning their MBA in Supply Chain Management online new ways of looking at old situations that can fine-tune the process and make projects go smoother than ever before.

By choosing an online MBA in Supply Chain Management, students are able to gain experience working in an industry they love. Already being introduced to logistics, transportation methods, and disbursement protocols give them a solid foundation to build on as they continue their education. As the student continues to gain ground in the workplace, their online MBA in Supply Chain Management is continuously providing them with new tools and resources they can use to increase their value. Bringing better ideas to the table and being able to efficiently manage large operations and projects are great ways to move forward, both before and after the student graduates.

Do I Have to Take the GRE or GMAT to Get a Master’s in Supply Chain Management?

In the past, there were several requirements for gaining admission into a Masters in Supply Chain Management. Today, things have changed and many of the restrictions that once prevented students from enrolling are now gone. For example, students who are pursuing an online Masters in Supply Chain Management are no longer required to take the GRE or GMAT to enroll. The online format allows students to earn their education in a way that allows them to work and learn at the same time.

The GRE, or Graduate Records Examination, or the GMAT, also known as the Graduate Management Admission Test, were used at one time to ensure that students who were enrolling in a Masters degree program already had the necessary knowledge to continue to pursue an advanced degree. Although these tests were beneficial in some aspects, they caused many students to lose out on educational opportunities because they did not qualify to enter the degree program of their choice. Now that these tests are no longer a determining factor in whether or not a student is eligible to enroll, they can enroll in the online Masters degree program of their choice and move forward in their chosen careers.

How Much Can I Make With A Supply Chain Management Masters’?

Bachelor’s and Masters’ degree programs cover much of the same information with the Masters’ taking coursework a few steps further and offering an increased focus on management and operations. When talking about potential salary opportunities, the amount of hands-on experience will be a determining factor. Students who pursue an online Masters in Supply Chain Management can boost their salary potential by choosing to work in their field prior to graduation.

Salary offers are based on many different factors, including education, experience, ability to perform, and many others. Someone who is just entering the workforce and has an excellent Bachelor’s degree program under their belt can expect to earn anywhere from $106,000 to $114,000 per year on average. Someone who has graduated with an online MBA or Masters’ degree can expect to earn between $107.000 to $116,000. Those who have gone the extra mile and earned their MD, JD or Ph.D. or another advanced degree may qualify for a salary in the range of $107,000 to $117,000, depending on their work experience and other factors.

Carrie Morris
Author

Warren Dahl
Editor-in-Chief

25 Best Supply Chain Management Master’s Degrees for 2020

masters in supply chain management

Do you need a Master’s in Supply Chain Management for a rewarding career? Maybe, maybe not. But in the global economy, the supply chain is everything, and managerial positions are increasingly important, rewarding, and competitive. A master’s degree can make all the difference in advancing your position and standing out on the job market.  There are numerous reasons why a person would want to earn a masters of supply chain management. 

For one, a supply chain management masters opens up more opportunities than a bachelor’s in supply chain management. A master of supply chain management can better prepare a person for a position. The masters of supply chain management degree makes a person more marketable to a prospective employee. In some cases, completing a supply chain management masters is a qualification that a prospective employer requires. This means that a master of supply chain management degree can open up new opportunities that weren’t previously available to a person. 

Featured Programs

Methodology: Ranking the Best Supply Chain Management Master’s Programs

For our ranking of the best master’s degree in supply chain management, Great Business Schools editors sought out traditional, on-campus programs known for quality, mentorship, and job market reputation. Only accredited, trusted institutions were considered, and ranked according to data from IPEDS, College Scorecard, and Niche. 

1. Saint Louis University 

Saint Louis University’s Chaifetz School of Business offers one of the best supply chain management masters programs in the country. SLU’s best master supply chain management degree program includes coursework that prepares degree candidates to make sound decisions in product design, storage, shipping, and e-commerce. As a best masters degree in supply chain management, SLU’s MS in supply chain management requires the completion of 42 credit units to graduate. The Chaifetz Business School’s MS in supply chain management has received accreditation by the Association to Advance Collegiate Schools of Business (AACSB).  

Saint Louis University was established in 1818 and is recognized as the oldest institution of higher education that is west of the Mississippi River. The school is affiliated with the Roman Catholic (Jesuit) Church. Saint Louis University’s urban campus covers more than 270 acres and serves more than 12,500 students. 

Highlight Saint Louis University operates an international campus in Spain.
Degree MS in Supply Chain Management

2. Michigan State University

Michigan State University’s Broad College of Business offers one of the best masters degree in supply chain management degree programs. Broad College’s best master supply chain management program has been recognized as the number one graduate supply chain management degree program in the country. Degree candidates for these best supply chain management masters programs require the completion of 31 credit units through their hybrid delivery option. Students can complete the supply management program in about 21 months through on-campus classes and relevant distance learning components.

Michigan State University was established in 1855. MSU is recognized as a public, land grant, and sea-grant institution of higher learning. Michigan State University’s student enrollment exceeds 50,000, which makes the university one of the largest in terms of student enrollment. 

Highlight Michigan State University was one of the first post-secondary schools in the United States to offer a degree program that covered scientific agriculture. 
Degree MS in Supply Chain Management

3. Georgetown University

Georgetown University’s offers one of the best masters degree in supply chain management programs in the nation. Georgetown’s best master supply chain management program is available online and on-campus. The Master of Professional Studies (MPS) in Supply Chain Management degree requires the completion of 33 credit units, which can be completed full time in two years; or part-time in up to five years. Georgetown University’s best supply chain management masters programs prepare degree graduates to enter the workforce to manage complex supply chain systems effectively.

Georgetown University was established in 1789. Georgetown University is recognized as the oldest Catholic (Jesuit) institution of higher education in the nation but operates academically separately from the Church. The school’s urban campus is home to more than 19,000 students studying for degrees offered by the university’s ten colleges/schools.

Highlight Georgetown University’s acceptance rate is only 14%, which makes it a highly selective school with regard to student applications. 
Degree MPS in Supply Chain Management

4. University of Michigan

The University of Michigan’s Ross School of Business offers one of the best supply chain management masters programs in the country. UM Ann Arbor’s best masters degree in supply chain management prepares degree graduates for the complex global marketplace that must be negotiated to succeed as a successful supply chain manager. The curriculum for UM’s ten-month best master supply chain management includes Applied Business Analytics, Supply Chain for Global Management, Logistics, and Strategic Sourcing, to name a few.

The University of Michigan-Ann Arbor was established in 1817. UM Ann Arbor is a public, space-grant, sea-grant, and flagship institution of higher education and is the state of Michigan’s oldest post-secondary school. The school operates an arboretum and serves more than 46,000 students. 

Highlight The University of Michigan-Ann Arbor was established two decades before Michigan was adopted as a state.  
Degree Master of Supply Chain Management

5. University of Colorado

The University of Colorado’s Leeds School of Business offers an MS in Supply Chain Management is recognized among the best supply chain management masters programs available. CU Boulder’s MS in Supply Management prepares students to effectively manage the complex global supply marketplace. The placement and graduation rate for graduates of CU Boulder’s best masters degree in supply chain management is 100%. The best master supply chain management provided by CU Boulder is available on campus with a full-time commitment and part-time commitment online. 

The University of Colorado was established in 1876, several years before Colorado became a state. CU Boulder is recognized as the flagship school of the University of Colorado system. CU Boulder’s 750+-acre campus is home to more than 35,400 students studying for the 150+ academic degree programs offered by CU Boulder’s nine colleges/schools. 

Highlight The University of Colorado boasts that more than 20 astronauts have been affiliated with the school.
Degree MS in Supply Chain Management

6. Purdue University

Purdue University’s Krannert School of Management offers one of the best masters degree in supply chain management degree program in the country. Purdue’s MS in Global Supply Chain Management degree program prepares graduates in the areas of operations, business analytics, and supply chain management. Purdue’s best supply chain management masters programs are available in a traditional format and an accelerated format for supply chain professionals with six or more years of relevant experience. Degree candidates for this best master supply chain management must complete 30 credit units to graduate.

Purdue University–West Lafayette was established in 1869 under the Morrill Land Grant Act. The school is a space-grant, sea-grant, land grant, and flagship institution of higher education for the Purdue University System. The school’s large-town campus covers more than 2,500 acres and serves more than 43,000 students. 

Highlight Purdue University has more than 20 alumni who were astronauts.  
Degree MS in Global Supply Chain Management

7. Arizona State University

Arizona State University’s Carey School of Business offers one of the best master supply chain management degree programs in Global Logistics. Arizona State’s MS in Global Logistics is recognized among the best graduate schools by US News. ASU’s nine-month best supply chain management masters programs require degree candidates to complete eleven logistics courses in management, plus an applied supply chain project. Coursework for Arizona State University’s best masters degree in supply chain management program prepares students for the challenges found in solving global supply initiatives. 

Arizona State University was established in 1885. ASU’s on-campus student enrollment exceeds 90,000 (for all campuses) and another 37,000+ students studying for degrees online. Arizona State University offers undergraduate students more than 325-academic degree opportunities and other 400-degree options for a graduate degree and certificate programs. 

Highlight Arizona State University operates five campuses throughout the greater Phoenix metro area, with another several regional academic centers throughout the state.
Degree MS in Global Logistics

8. University of Tennessee–Knoxville

The University of Tennessee’s Haslam College of Business offers one of the best master supply chain management programs either as a Master of Science (MS) degree or as a Master of Business Administration (MBA) degree. UTK’s best supply chain management masters programs offer an online option as well as a tri-continent option where the students study in the US, China (Tonghu University’s School of Economics & Management), and Germany (Kuehne Logistics University. Degree graduates of UTK’s best masters degree in supply chain management prepares students to manage the fast-paced logistics industry. 

The University of Tennessee—Knoxville was established in 1794, several years before Tennessee. UTK is the flagship campus for the University of Tennessee system. UTK’s campus covers more than 600 acres and is home to nearly 29,000 students. 

Highlight The University of Tennessee is recognized among the top 50 public institutions of higher education in the country. 
Degree MS or MBA in Supply Chain Management

9. Northwestern University

Northwestern University’s Kellogg School of Business offers a Master of Business Administration degree program with a concentration in Operations Management that is considered one of the best supply chain management masters programs in the country. This best master supply chain management degree can be completed in either one or two-year curriculums. NU’s best masters degree in supply chain management includes coursework of Strategic Decisions in Operations, Financial Decision, Applied Advanced Analytics, and an Analytical Consulting Lab, plus several field studies in the discipline. 

Northwestern University was established in 1851. NU’s main campus covers more than 225 acres, and the Chicago campus covers more than 20 acres. The school’s total student enrollment exceeds 21,000. NU’s endowment is among the top endowments of all schools across the country. 

Highlight Northwestern University operates campuses in Evanston and Chicago, IL, and Qatar, with learning centers in Florida, California, and Washington, DC.
Degree MBA in Operations Management

10. Carnegie Mellon University

Carnegie Mellon University’s Tepper School of Business offers one of the best masters degree in supply chain management degree programs through their Master of Business Administration (MBA) program with a concentration in Operations Management. CMU’s best master supply chain management degree program prepares students for the planning, organizing of the development and shipment of services and products. Coursework for this best supply chain management masters programs includes the areas of Risk Analysis, Strategic Operations, Price Optimization, and Supply Chain Management. Degree candidates from CMU’s best masters in supply chain management degree program participate in the country’s national MBA case study competition. 

Carnegie Technical School was established in 1900. The school merged with Mellon Research Institute in the late 1960s to form Carnegie Mellon University. CMU’s campus near downtown Pittsburgh is home to nearly 15,000 students studying for degrees offered by the university’s seven colleges/schools.  

Highlight:Carnegie Mellon University operates more than ten education facilities across six continents and has more than 19 professional research partnerships. 

Degree MBA in Operations Management

11. University of Pennsylvania

The University of Pennsylvania’s Wharton School of Business’ Operations Information and Decisions Department offers one of the best masters degree in supply chain management available. UPenn’s best master supply chain management degree program offers three academic tracks – The Decision Process Track, The information Systems Track, and the Operations Management Track. The University of Pennsylvania’s best supply chain management masters programs is offered online through the school’s accredited (from IACET – the International Association for Continuing Education and Training distance learning option. 

The University of Pennsylvania was established in 1840. UPenn’s campuses cover more than 1,000 acres and serve nearly 22,000 students. UPenn is ranked among the top six national universities in the country and first in the country by College Factual. 

Highlight The University of Pennsylvania is recognized among the nine colonial colleges (schools that were established before the signing of the Declaration of Independence) in the United States.
Degree MBA in Operations, Information, and Decisions

12. University of Wisconsin Madison

The University of Wisconsin Madison’s School of Business offers a Master of Science (MS) degree program in Supply Chain Management that is recognized among the best supply chain management masters programs in the country. Degree candidates for the best master supply chain management degree complete the Supply Chain Management program in one year and take classes in cross-functional business procedures, inventory management, global integration, and distribution channels, to name a few. Work experience is NOT required for those students applying to enroll in this best masters degree in supply chain management. 

The University of Wisconsin Madison was established in 1848 under the Morrill Land Grant Act. UW Madison is a public seat grant and land grant university and the flagship campus of the University of Wisconsin system. UW Madison’s campus is home to more than 44,000 students studying for a degree offered by the university’s twenty schools/colleges.

Highlight The University of Wisconsin Madison is recognized as the official school of the state and the first public institution of higher learning established in Wisconsin. 
Degree MS in Supply Chain Management

13. Massachusetts Institute of Technology

The Massachusetts Institute of Technology’s Center for Transportation and Logistics offers one of the nation’s best master supply chain management degree programs. MIT’s best supply chain management masters program is available on campus and through a hybrid delivery and is ranked number one by EDUniversal. Degree candidates enrolled in MIT’s best masters degree in supply chain management must complete 90 units, which includes a twelve-unit thesis. Coursework includes Leading Global Teams, Business Writing, Database Analysis for Supply Chain Management, and Data Science, to name a few.

The Massachusetts Institute of Technology was established in 1851. MIT is a sea-grant, space-grant, and land grant institution of higher education. MIT’s urban campus runs over a mile along the Charles River, directly opposite to Boston University’s campus. The school is home to more than 11,500 students.

Highlight The Massachusetts Institute of Technology is ranked among the top five universities in the nation by many college ranking services. 
Degree Master of Supply Chain Management

14. Fairleigh Dickinson University

Fairleigh Dickinson University offers a top MS in Supply Chain Management on the east coast. Supply chain management is more than just a matter of logistics. It also has to do with timing. Students who enroll in this degree program learn the skills they need to manage not only supply chains but also various operations that are involved in the process. Students must be highly organized and be able to work quickly and efficiently. Enrolling in one of the best Supply Chain Management Masters programs is a great choice if you want to guarantee yourself a job in the field.

Fairleigh Dickinson University is one of the most well-known universities in New Jersey and the surrounding states. Completing the degree program offers graduates an opportunity to pursue a fast-paced and exciting career.

Highlight By offering state of the art technology and professional faculty members, the university ensures that every student receives the best possible education in terms of supply chain management.
Degree MS in Supply Chain Management

Featured Programs

15. Case Western Reserve University

Case Western Reserve University offers one of the best MSM in Operations Research & Supply Chain Management degrees for students who want to work in the field. They are offered the skills they need to manage supply chains and complete operations efficiently in order to keep businesses running smoothly. Students who are looking for the best Masters degree in Supply Chain Management can find what they are looking for at Case Western Reserve University.

Case Western Reserve University is well-known for offering top of the line courses and respected faculty members to students who want the best learning opportunity possible. The education they provide within their structured Supply Chain Management degree program allows the graduate to apply for upper-level employment in companies that require highly skilled professionals. Having the right degree program when it comes to Supply Chain Management will make all the difference when it comes to finding the right job.

Highlight Students learn how to effectively use SAP ERRP Software and also earn their certificate in Business Analytics.
Degree MSM in Operations Research & Supply Chain Management

16. North Carolina State University

North Carolina State University offers the Jenkins MBA in Supply Chain Management to students who are ready to complete their education and move forward with their careers. Graduates complete coursework involving logistics, purchasing, inventory control, distribution, manufacturing, purchasing, and product development. By offering the best Master Supply Chain Management degree programs, North Carolina State University offers graduates the skills they need to advance through the ranks.

North Carolina State University has been offering quality educational programs for several years. Degree programs are organized in such a way that students graduate with the skills they need and the potential for a lifelong career in the industry of their choice. After graduation, the student can use the skills they have learned to good use by finding a job that allows them to grow and move forward.

Highlight Faculty members are professionals in their field and have extensive years of experience to back up their credentials.
Degree Jenkins MBA – Supply Chain Management

17. University of Texas at Austin

The University of Texas in Austin offers an MBA in Supply Chain and Operations Management for students who are interested in advancing their careers and moving into a management position. Strategic sourcing, pricing, revenue optimization, project management, supplier management, procurement, and supply chain management and organization are all skills that are taught to students who enroll in the MBA in Supply Chain and Operations Management degree programs offered by the University of Texas.

The University of Texas in Austin is well-known for its advanced degree programs. Students can pursue their education at their own pace and utilize the resources that are available on campus. After graduation, they can put those skills to work in an environment where they can thrive and advance. 

Highlight Courses are well-organized and faculty members use their experience to teach students valuable skills and abilities both in the classroom as well as in the real world.
Degree MBA in Supply Chain and Operations Management

18. Georgia Institute of Technology

Georgia Institute of Technology provides an MS in Supply Chain Engineering that allows students to take advantage of incredibly lucrative employment opportunities. Students are given engineering skills that enable them to establish and coordinate very complex supply chains on a global level. They are taught to analyze trends and manage the operations and processes that supply chains must go through to remain efficient. Georgia Institute of Technology offers the best Master Supply Chain Management degree programs available.

Georgia Institute of Technology (Scheller) offers a learning environment that is second to none in the southeastern states. Learning in the classroom gives the students access to the faculty members as it is needed without having to wait on an email or phone call. Students get the best possible education when it comes to Supply Chain Management degree programs. After graduation, the skills the students have received will provide lifelong benefits for as long as they choose to use them.

Highlight The classroom environment offers a variety of hands-on learning opportunities that are unique to the Institute. 
Degree MS in Supply Chain Engineering

19. University of Maryland

The University of Maryland in College Park provides students with the best Master Supply Chain Management degree programs in the Maryland area. Graduates leave the program having a number of skills to help them do their job more efficiently. Courses in logistics, freight handling, buying, operations management, and procurement are all part of the supply chain process. Students who want to earn the best Master of Supply Chain Management degree can enroll in the University of Maryland and complete the program.

The University of Maryland in College Park offers a degree program that has been developed to provide the necessary skills that graduates will need after graduation. The university offers each student access to many resources they can use while attending school. The support offered by these resources is invaluable in terms of experience and hands-on learning.

Highlight By attending class on the campus, students are able to take advantage of many programs that allow for hands-on learning as well as face to face interaction with faculty members.
Degree MS in Supply Chain Management

20. University of Texas at Dallas

The University of Texas in Dallas offers an MS in Supply Chain Management to students who want to pursue a degree involving logistics and global supply chain management. Through the use of high-quality course materials and resources, students are able to gain the knowledge and skills they need to handle any size operation, whether it be big or small. The University of Texas in Dallas offers the best Masters degree in Supply Chain Management for students who want to complete their education and earn their degrees.

The University of Texas in Dallas provides a curriculum that has been developed by professionals in the field. Once a student receives their degree, they have the capability to effectively manage a supply chain operation, no matter what the size or scope. In many cases, the skills the student learns while attending class on campus can be used in other areas of their life as well. 

Highlight The school offers resources and class materials that are designed to both educate as well as reinforce hands-on learning techniques that are used while the student is on the job.
Degree MS in Supply Chain Management

21. Loyola University Chicago

Loyola University Chicago offers one of the best Supply Chain Management Masters programs available in the Midwest. The school provides each student with the skill sets they need to organize and manage supply chains and also to establish routes and logistics protocols. By offering these lessons, graduates are able to go after employment opportunities in the career field that interests them the most. By offering students the best Masters Degree in Supply Chain Management, the university ensures that each graduate has the ability to perform their duties in a professional and effective manner.

The faculty members chosen to teach the courses have spent years working in their field and bring to the table the experience that is needed to teach students everything they need to know. The face to face connection the student has with the teacher encourages more questions and reinforces the learning process. After graduation, the student can then begin to apply their expertise to the job of their choice.

Highlight Loyola University in Chicago is one of the most prestigious and well-respected institutes of higher learning in the Midwest. 
Degree MS in Supply Chain Management

22. Ohio State University

The Ohio State University’s Master of Business Logistics Engineering is one of the most cutting-edge and technologically advanced supply chain management master’s degrees in the US. Unlike typical business degrees, OSU’s MBLE program is explicitly STEM-centered, with a focus on not only understanding and using current logistics tools, but advancing the field with real-world experiential learning. 

Ohio State’s location in Columbus, OH, puts it at one of America’s centers for transportation and distribution, which means MBLE students have access to some of the best internship and employment opportunities in the industry. OSU is one of the Midwest’s leading public research universities, with a job market authority that makes it an ideal choice for supply chain management. 

Highlight OSU partners with industry giants like FedEx, DHL, and Honda for Business Logistics Engineering students. 
Degree Master of Business Logistics Engineering

23. Stanford University

Stanford University offers an MBA in Operations Management that provides each student with a wide variety of skills they will need to apply for and win a top-level job in the supply chain management field. Course topics include leadership, human resources, global management, finance, entrepreneurship, and managerial economics. When used in conjunction with one another, these skills allow the graduate to be a successful and professional asset to any company with the best Master in Supply Chain Management degree programs.

Stanford University is one of the most prestigious universities on the West Coast, from an award-winning faculty to state of the art technology that provides each course with the foundation that is needed to back up the knowledge that is offered. Supply Chain Management degree programs offer students the key to a better, more fulfilling future.

Highlight  Graduates have access to the software and programs that drive many of the systems and operations that are used in supply chain organization and management. 
Degree MBA in Operations Management

24. Rensselaer Polytechnic Institute

The MS in Supply Chain Management program at Rensselaer Polytechnic Institute brings the full expertise of the historic STEM university to a logistics education. RPI takes an interdisciplinary approach to the field, combining technical skills and knowledge with professional and managerial development. Rensselaer’s approach creates fully-rounded leaders for the industry. 

Rensselaer is a major influence in technology and business, and its MS in Supply Chain Management program continues to transform the field. Students benefits from top-tier professors, cutting-edge research, and wide industry connections to not only get the highest level of education, but a serious job-market advantage. 

Highlight Rensselaer Polytechnic Institute is nearing its second century, making it the oldest polytechnic institute in America.
Degree MS in Supply Chain Management

25. University of Arkansas

The University of Arkansas offers students one of the best Master Supply Chain Management degree programs. The campus setting also provides skill sets that include procurement, operations management, logistics, inventory control, and supply chain management. The best MBA in Supply Chain Management offered by the University of Arkansas offers students everything they need to succeed in the careers they choose.

The University of Arkansas is well-known for having some of the highest quality degree programs in the country. The faculty members are of the highest caliber and work diligently to provide each student with the education they deserve. Students who graduate from the University of Arkansas have a degree in Supply Chain Management that they can use to get top-ranking jobs in a variety of companies. Earning a Masters in Supply Chain Management is the first step in reaching their career goals. 

Highlight Students who attend class on campus at the university also receive additional resources and programs that may not be offered to those who take online classes
Degree MBA in Supply Chain Management

Is Supply Chain Management a Good Career? 

Earning a supply chain management master’s can mean more income. Additionally, possessing a degree in supply chain management opens up a variety of career choices. So, what can I do with a master’s in supply chain management? 

For one, a person can become a supply chain manager or a quality assurance manager. Additionally, supply chain management careers with a master’s include a commodity manager. Another option for what can I do with a master’s in supply management is a director of purchasing. This is one of the supply chain management careers with masters where a person is the one responsible for determining which products will generate the most income and making negotiations on the price. 

Another example of a master’s in supply chain management career is a logistics management analyst. A person may also choose to become a director of supply chain operations as a master’s in supply chain management career. 

Masters of supply chain management careers are often leadership positions. These masters of supply chain management careers allow a person to manage the staff, deal with purchasing, or take on various other responsibilities.  

How Do I Choose the Best Supply Chain Management Master’s Program?

A simple search for supply chain management master’s programs will give a person a list of search results of schools. It’s important for a person to visit each site and see what the program entails. In other words, a person should look into what the curriculum covers. An individual should also take into consideration the cost of the program. A person wants to choose a program that’s affordable. Additionally, it’s important for a person to look at the reputation of the school and if it has a reputation for adequately preparing a student for a career. 

Another vital aspect to consider is if the school is accredited. A person can also look at whether or not the program received accreditation. Supply chain management accreditation is important because it shows that a school’s program in that field can adequately prepare a student for a career. To receive supply chain management accreditation, a program must pass through a rigorous evaluation. The accreditation shows an employer that a person can successfully take on a leadership role within a company. In addition, if a person wants to go on to earn a doctorate, he or she will need to have attended an accredited program. If not, he or she may not be able to further his or her education.  

What Kinds of Jobs Can I Get with a Master’s in Supply Chain Management?

Jobs for masters in supply chain management are numerous. For instance, one of the masters in supply chain management jobs is a supply chain manager. This one of the jobs after masters in supply chain management where a person can oversee a supply chain. A person makes sure that employees perform their duties as necessary and will execute many of the jobs associated with supplies. 

Some roles are MBA supply chain management jobs. This is because jobs for masters in supply chain management require knowledge that’s not taught in a standard master’s degree program for supply chain management. These roles may be for companies that deal with clients internationally.

One example of the MBA supply chain management jobs is a quality assurance manager. This person is the one responsible for making sure supplies meet standards. This person will need to work with suppliers. Another of the MBA supply chain management jobs is a supply chain manager. 

One other option for masters in supply chain management jobs is a commodity manager. A person looking for jobs after masters in supply chain management will also find positions as a director of purchasing. This individual oversees everything related to purchasing. A person could also become a logistics management analyst or a director of supply chain operations.  

Another perk of earning a masters in supply chain management is the earning potential. Once a person earns a masters in supply chain management, he or she can earn nearly $100,000 per year or possibly more. The income generated from these positions can earn a person close to $100,000 per year. Some individuals make over this amount. It’s vital to review averages of income for these positions when choosing the ideal one for a person. 

Carrie Morris
Author

Warren Dahl
Editor-in-Chief

10 Most Affordable Master’s in Economics for 2020

best masters in economics programs

If you’re a working adult considering an online master’s in economics, price has to be a consideration. After all, making a bad investment isn’t a good look on an economist. One issue that someone faces when wanting to earn a master’s in economics is price. The average cost to earning a master’s degree is usually at least $30,000 to $40,000. However, some individuals spend much more than that. The cost varies based on the school and student’s location.

One way to save money is to search for cheap masters in economics. The first place to look for the cheapest masters in economics programs would be smaller regional public universities and private colleges, where tuition rates are reasonable. A cheap masters in economics program isn’t hard to find. One can also look into the option of employer-paid tuition, if you’re already working in a field related to economics. However, it’s important for a person to know that only certain programs may be covered, and that requires working it out with your employer. 

Methodology: Ranking the Most Affordable Master’s of Economics

Obviously, price is important, so Great Business Schools has ranked the most affordable economics master’s degrees strictly by tuition rate, as reported to IPEDS. However, that doesn’t mean just anybody gets ranked. Only accredited, trusted institutions with a proven reputation for quality and return on investment make the cut. 

1. University of Oklahoma

Topping the list of the most affordable masters of economics is the MA in Economics – Applied Track from the University of Oklahoma. The program starts in the fall and provides economics training for students who wish to advance their careers in economics. The first year of the program is the same as the first year of the Ph.D. Courses include math for economists, advanced macroeconomics and growth theory, seminar in price and welfare theory, and econometrics I.

The Department of Economics is part of the College of Arts and Sciences at the University of Oklahoma. The department has an experimental economics laboratory where students can not only participate in research but earn money for doing so. The Department of Economics provides students with the skills they need to prepare for economics careers in business and technology.

Highlight Graduates often obtain employment in commercial banks, consulting firms, investment firms, oil companies, utility companies, and healthcare organizations.
Degree MA in Economics

2. Wichita State University

The MA in Applied Economics at Wichita State University is another of the most affordable economics masters. This program teaches students analytical skills, price optimization, demand forecasting, portfolio analysis, data visualization, and economic environment analysis. Students gain an understanding of macroeconomic forces, competition, and markets. Graduates are prepared to advance their careers in the field of economics. There are four concentrations to choose from: general, international, financial, and data analytics.

The W. Frank Barton School of Business at Wichita State University provides top-notch programs for the best students in Kansas. The school provides students with all they need to succeed in their careers. Barton’s Career Development Center offers career opportunities and resources, including many high-profile internships that provide valuable real-world experience to students. The W. Frank Barton School of Business is student-centered and values innovation, critical thinking, and an entrepreneurial mindset.

Highlight The W. Frank Barton School of Business offers more AACSB-accredited programs than any other school in the state.
Degree MA in Applied Economics

3. Texas Tech University

Next on the list of the most affordable masters of economics is the MA in Economics from Texas Tech University. There is a thesis option and a non-thesis option. The non-thesis option has a written examination in place of the thesis. Both programs consist of 12 courses, but in the non-thesis program, there are two more electives in place of the 6-credit-hour thesis course. Students in the thesis program must choose a supervisor and put together a thesis committee. There are scholarships and teaching assistantships available to students who need financial assistance.

The Department of Economics at Texas Tech University is dedicated to using quantitative and theoretical analysis in both research and teaching. The program offers several economics degrees that provide a solid foundation for students who wish to pursue careers in the field of economics.

Highlight In addition to its degree programs, the Department of Economics offers a series of seminars on economics.
Degree MA in Economics

4. Utah State University

The MS in Economics (MSE) from Utah State University’s Huntsman School of Business is one of the most affordable economics masters. The program is designed to get students ready to pursue a career in economics or continue on to study at the doctoral level. The program consists of ten courses, including a thesis research course. MSE graduates have gotten jobs with the U.S. Department of State, the Federal Reserve, the Bureau of Labor Statistics, and other organizations.

The Jon M. Huntsman School of Business is committed to producing leaders in public affairs and commerce. The school seeks to promote growth in the community and throughout the world, and to prepare students to lead meaningful lives. The school values analytical rigor, a global outlook, and ethical leadership and strives to encourage an entrepreneurial spirit in its students.

Highlight The MSE program takes just one year to complete.
Degree MS in Economics

5. Texas A&M University

The MS in Economics from Texas A&M University is available in two concentrations: financial econometrics and financial economics. Both programs require an economics core that consists of foundations of microeconomic theory, foundations of macroeconomic theory, economic analytics, and economic forecasting. There is an economics capstone at the end of both programs.

Texas A&M University receives top rankings for its programs every year. In addition to having one of the most affordable masters of economics, the college is located in one of the most affordable cities in the US, so housing costs are reasonable as well. The Department of Economics has top-notch faculty members and provides students with the training they need to succeed in their chosen field. Students can conduct research at the Economics Research Laboratory.

Highlight Students can choose to complete a thesis at the end of their programs.
Degree MS in Economics

6. University of Colorado Denver

The University of Colorado Denver offers an MA in Economics that is one of the most affordable economics masters in the country. The program prepares students for employment in the field of economics or for further study. Students learn applied economic skills, quantitative and mathematical analysis, forecasting, and econometrics. They learn to work with large data sets as well as the latest statistical software.

The College of Liberal Arts and Sciences at the University of Colorado Denver provides a strong liberal arts foundation that includes a firm grounding in science as well. The school adapts its curriculum to meet the ever-changing needs of this technology-focused world. UC Denver students are highly sought after by employers and are prepared to make a positive impact on the world.

Highlight Recent graduates have earned placed in Ph.D. programs at Stanford, Harvard, Michigan State, and other top schools.
Degree MA in Economics

7. University of Utah

The MS in Economics offered by the University of Utah’s College of Social & Behavioral Science is one of the most affordable masters of economics. The program helps prepare students for careers as professional economists. Students can specialize in industrial organization, economics, monetary economics, development theory, international trade, poverty, labor economics, feminist economics, and more.

The Department of Economics offers programs in economics that prepare students for careers in the field. The department conducts research on the history of economies, health and environmental resource economics, and economic growth and stability. Students can participate in research studies through partnerships with public and private organizations that offer research internships. The College of Social & Behavioral Science encourages interdisciplinary research and makes use of new instructional techniques to help students connect with the material.

Highlight Students can also choose a Master of Arts degree, which has an additional foreign language requirement.
Degree MS in Economics

8. University of Arkansas

The MA in Economics at the University of Arkansas is designed to prepare students to enter a doctoral program or begin a career in economics. One of the most affordable economics masters, this program combines applied economics and economic theory in a challenging program that is open to students from all academic backgrounds. Students who plan to pursue a doctorate must choose a concentration in statistics or mathematics. Students seeking a career after graduation can choose from accounting, information systems, finance, marketing, transportation, or quantitative methods.

The Sam W. Walton College of Business is a nationally competitive college that is working to become a top-tier business school. The school was founded in 1926 and has continued growing ever since. A $50 million gift from the Walton family has enabled the school to attract top faculty, create stronger programs, and upgrade its facilities.

Highlight There is a thesis option and a non-thesis option.
Degree MA in Economics

9. University of South Florida

The MA in Economics from the University of South Florida is one of the most affordable masters of economics in the US. This is a non-thesis program that prepares students for careers in government or business or for further education in a Ph.D. program in economics. The program requires 30 hours of coursework. Students must take macroeconomics I, microeconomics I, econometrics I, and mathematical economics I. They can choose from a variety of electives to fill out their course schedules.

The College of Arts & Sciences at the University of South Florida believes that students should be broadly educated. The school focuses on the big issues facing society as it prepares students not only to succeed in their professional and personal lives, but to be agents of change in a society that desperately needs it.

Highlight Students must pass an oral exam given by a panel made up of faculty members.
Degree MA in Economics

10. Iowa State University

The MS in Economics from Iowa State University is also one of the most affordable economics masters. The program is aimed at students who plan to pursue a Ph.D. in agricultural economics or economics. Students can gain the additional credits they need to get into their Ph.D. program while earning their master’s degrees. Some students may be able to enter the Ph.D. program after completing the first year of the master’s program.

The Department of Economics at Iowa State University is under the joint control of the College of Liberal Arts and Sciences and the College of Agriculture and Life Sciences. The department offers graduate and undergraduate programs that train students to think objectively and independently about the economic nature of the world’s problems. The Department of Economics relates its programs to real problems in the community, nation, and around the world.

Highlight Students can choose the thesis or non-thesis option for this program.
Degree MS in Economics

How Do I Save Money on a Master’s in Economics?

Besides finding the cheapest masters in economics programs, a person can also look into financial aid options to reduce the cost even further. A person can find scholarships, grants, and low-interest loans. The scholarships and grants don’t need to be paid back, but loans do. The state and federal government offer grants to help with the expenses of earning a masters degree. There are also private organizations that grants and scholarships to help individuals with earning a masters degree. It’s important to look at the qualifications for the scholarships or grants because they’re not always for individuals who want to earn a graduate while some are specifically for individuals who want to earn a graduate degree. 

What are Some Jobs in Economics with a Master’s Degree?

One master in economics jobs is market research analyst. This person is responsible for researching and reviewing marketing trends. This person assesses trends in the industry to determine which products and services might generate the most revenue based on the conditions of the economy. 

Another one of the master in economics jobs is an economic consultant. This is one of the masters of economics jobs that requires a person to have research and analytic skills. As one of the jobs with a master’s in economics, a person must search and critically think about how to help an organization or business improve performance. Master’s degree in economics jobs for this position may be in finance, healthcare, education, or business. Sometimes, masters of economic jobs for this position are with the government. 

Another example of one of the jobs with a masters in economics is a compensation and benefits manager. This person is responsible for conducting research about compensation and benefits for positions within a company.  Jobs for a masters in economics in this position require a person to determine what’s appropriate for employees within a company to make. 

Other of the master’s degree in economics jobs include a credit analyst, financial analyst, or a policy analyst. Another option is a management consultant. It’s also possible to become a business reporter.

How Much Demand is there for Economists?

Fortunately, there are plenty of job opportunities for masters in economics. This is especially the case since there are various job positions a person can take on with this particular degree. One of the job opportunities for masters in economics is an economist. As one of the masters in economics job opportunities, a person can earn an average of about $104,000 per year. This is the same as $50.00 per hour. In addition to a lucrative pay, this position provides job stability. According to the Bureau of Labor Statistics (BLS), the number of positions for an economist were 21,000 throughout the United States as of 2018. This number is expected to rise by eight percent from 2018 until 2028. This job growth is greater than the average job, as noted by the BLS. 

A financial analyst is another one of the job opportunities for masters in economics. A person who takes on a position as one can expect to earn around $85,000 per year. This is the same as about $41.00 per hour. Besides a very reasonable salary, the masters in economics job opportunities for individuals in this area is expected to grow by six percent from 2018 until 2028. The BLS reports that this growth rate is about as fast as average for other masters in economics job opportunities and jobs opportunities in different areas of interest as well.  

Another option is a credit analyst. An individual who takes on this position can expect to earn about $82,000 annually. This is the same as about $39.00 per hour. Fortunately, a person who holds this position not only will make a very decent salary, but he or she will also have job stability. As of 2018, the number of positions for a credit analyst was 72,930. This number is expected to grow over the course of a 10-year span. 

Carrie Morris
Author

Warren Dahl
Editor-in-Chief

10 Fastest Master’s in Economics for 2020

one year masters in economics

Earning an accelerated Masters’ in Economics degree will provide you with multiple advantages over the course of your economics career. Accelerating your degree program shortens the amount of time you have to spend in the educational process. It not only allows you to obtain your degree faster, it also enables you to join the workforce with the knowledge you are steadily gaining and give you opportunities for advancement that will allow you to move up much faster than if you completed your degree program in the regular amount of time.

In the world of economics, advancement is always available, but the higher-paying jobs will always go to the person who has the most hands-on experience or the most up to date degree program. An accelerated degree program puts you on the fast track to get a better-paying job.

Methodology: Ranking the Best Accelerated Economics Master’s Degree Programs

Working professionals who want to advance their career want to to see results quickly, which makes an accelerated master’s in economics a useful tool. However, just because a program is fast, that doesn’t mean it’s good. Great Business Schools has ranked the best accelerated programs not just by speed, but by their cost, reputation, and salary expectations for a total value. Only reputable, accredited programs were considered.

1. California Polytechnic State University

California Polytechnic State University offers an MS in Quantitative Economics. This accelerated masters in economics prepares students to become highly-paid economists. The program includes causal inference, advanced econometrics, data analysis, and economic theory. Students gain hands-on learning experiences that help prepare them for careers that require analytical skills. Graduates are prepared to take on challenging careers in the world of economics or pursue their PhDs.

The Orfalea College of Business at Cal Poly makes students’ careers its top priority. Students have access to career placements services from the beginning. Cal Poly graduates frequently land prestigious jobs from top-tier companies around the world. The school has a 97% job placement rate at 90 days following graduation. Graduates of the Orfalea School of Business are highly recruited by top employers in Silicon Valley, such as Google, Apple, and Oracle.

Highlight This program can be completed in 10 months.
Degree MS in Quantitative Economics – 10 months

2. University of Texas at Austin

The Department of Economics at the University of Texas at Austin offers a STEM-designated MA in Economics. The program has a challenging curriculum that features quantitative economics training. Students progress through the program as part of a cohort. A degree in economics is not required to enter the program, but students are expected to have taken some courses in economics. Courses include mathematics for economists, econometrics, markets for electricity, economics of auctions, labor economics, and game theory.

The University of Texas at Austin is ranked among the top 50 universities in the world, and its MA in Economics is one of the best of its kind in the United States. The school has outstanding faculty members who care about their students. The College of Liberal Arts encourages students to think independently and critically in order to help them excel beyond the classroom.

Highlight This accelerated masters in economics can be completed in 10 months.
Degree MA in Economics – 10 months

3. Louisiana State University

The E.J. Ourso College of Business at Louisiana State University offers an MS in Financial Economics. This accelerated masters in economics consists of 36 credit hours and provides a challenging curriculum that takes less than a year to complete for full-time students. Students learn the skills they need to be able to make good financial business decisions. The program covers communication skills, analytics, quantitative techniques, and financial theory. Graduates are prepared to become leaders in their field.

The E.J. Ourso College of Business is the flagship business college in Louisiana, having been founded in 1928. The school produces the entrepreneurs and business leaders of the future by constantly updating and improving its course offerings. Students can take advantage of resources such as the Office of Business Student Success, which helps students find internships and graduates find employment.

Highlight This is an accelerated program that can be completed in 10 months.
Degree MS in Financial Economics – 10 months

4. Clemson University

Clemson University offers an MA in Economics that teaches students to collect data, apply economic theory, test hypotheses, and estimate econometric models. Student learn to use inferential statistics to gain insights on markets, government policy, and human behavior. Graduates are prepared to tackle jobs in management, business analysis, government regulation, law, and economics. Clemson offers a flexible curriculum, and the program can be taken with a thesis option if desired. The non-thesis option includes more challenging courses in the core curriculum.

The Clemson Graduate School aims to be a “high seminary of learning,” producing graduates who will benefit the public through their good works. The school seeks to make the world a better place through curiosity, creativity, scholarship, and education. Clemson believes that diversity is one of the things that makes the world better—bringing people with different backgrounds and perspectives together to create new ideas for a brighter future.

Highlight This accelerated masters in economics can be completed in 12 months.
Degree MA in Economics – 12 months

5. Florida State University

Florida State University offers an MS in Applied Economics that is one of the top applied economics programs in the nation. This accelerated masters in economics is a one-year program with small class sizes. Students gain hands-on experience using SQL, Python, Tableau, REMI, STATA, and SAS. The program is designed for students who plan to continue their education beyond the master’s level. However, there is much more emphasis on practical application than on theory. There is a capstone project at the end of the program.

The College of Social Sciences and Public Policy at Florida State University produces the leaders of tomorrow by engaging students with challenging coursework and other educational opportunities. Students are inspired, engaged, and transformed into dynamic leaders who offer creative solutions to the world’s problems.

Highlight This program can be completed in 12 months.
Degree MS in Applied Economics – 12 months

6. Georgetown University

Georgetown University offers not one, but three, accelerated masters in economics. Students can choose from an MA in Applied Economics, MS in Economics, or MA in Political Economy. The core courses for all three programs include macroeconomics, microeconomics, and data analysis. The Applied Economics degree is designed for students who plan to dive straight into a career in economics, while the Economics degree helps prepare students to pursue their PhDs. The Political Economy degree is offered in partnership with the Solvay Brussels School of Economics and Management and is focused on applying economics to political policy.

The Department of Economics at Georgetown University is home to the Georgetown Center for Economic Research (GCER), which encourages inquiry into the problems and issues related to economic policy. The GCER supports Georgetown’s role in informing economic policy. The Department of Economics produces graduates who possess the knowledge and skills needed to become successful economists and leaders.

Highlight All three programs take one year to complete.
Degree MA in Applied Economics, MA in Political Economy, MS in Economics – 12 months

7. Georgia Tech

The School of Economics at Georgia Tech offers an MS in Economics that emphasizes economic modeling, applied economic theory, quantitative methods, and economic analytics. Students receive top-notch training in a flexible time format. The program is designed for students who have an academic background in economics, students with a background in science or engineering who want to learn economics, and working professionals who want to enhance their quantitative and analytical skills. The faculty is committed to seeing students succeed.

Georgia Tech’s School of Economics focuses on solving human problems in a way that is sustainable and cost-effective. The school combines economics, technology, and social concerns to create solutions that improve the human condition. Georgia Tech’s economics program combines innovation and technology with a strong liberal arts foundation.

Highlight This accelerated masters in economics can be completed in 12 months.
Degree MS in Economics – 12 months

8. North Carolina State University

At North Carolina State University, the economic graduate program offers a lot of options. Students can choose a terminal track or PhD track. They can choose to complete a thesis or coursework only. They can also choose from four concentrations: economic policy, natural resource and environmental economics, international trade and development, or financial/macro econometrics. Students can attend full-time or part-time and finish the program at their own pace. Most of the courses are offered both online and on-campus, for yet another choice.

North Carolina State University is a public research university that got its start as a land-grant institution. The school is a leader in math, engineering, technology, science, natural resources, business, textiles, education, agriculture, and veterinary medicine. NCSU emphasizes hands-on learning and produces graduates who do things. They start companies, do research, lead successful careers with top companies, and serve their communities.

Highlight This accelerated masters in economics can be completed in 12 months.
Degree MA in Economics – 12 months

9. Ohio State University

The Ohio State University offers a Master of Applied Economics that takes two semesters to complete. This accelerated masters in economics is designed for students who want to learn to apply data analysis advanced economic theory to solve problems in society. The faculty is engaged and cares about its students, and the school has partnered with businesses to provide hands-on learning experiences for the students. Graduates are ready to compete in the job market with their knowledge of empirical methodology and advance microeconomic theory.

The Department of Agricultural, Environmental, and Development Economics (AEDE) is all about making an impact. The department’s outstanding faculty members provide world-class research and teaching in economics, with concentrations is regional and urban economics, international and development economics, environmental and resource economics, and agricultural economics and agribusiness. The Ohio State University is one of the top 20 public universities in the nation.

Highlight This program can be completed in 12 months.
Degree Master of Applied Economics – 12 months

10. Tufts University

Tufts University offers an MS in Economics that gives students a thorough understanding of the empirical and theoretical foundations of economics. Students learn to use quantitative tools that are needed for research. There are two program options: the research-based track, which requires a thesis, and the course-based track, which doesn’t. Regardless of track, students learn about econometrics, statistics, macroeconomic theory, microeconomic theory, and mathematics.

The Department of Economics strives to teach students to think critically and to apply their knowledge of economics to solve political, economic, and social problems such as income inequality, economic growth and development, housing, and environmental issues. Economics majors learn concepts such as opportunity cost, scarcity, comparative advantage, efficient resource allocation, price system, government failures, and market failures. They gain an understanding of monetary, fiscal, and regulatory policies and learn to apply economic theory to a variety of issues.

Highlight This accelerated masters in economics can be completed in 12 months.
Degree MS in Economics – 12 months

What are the Advantages of an Accelerated Masters’ in Economics?

Accelerated Masters’ in Economics programs are often completed online. Online coursework is completed and turned in over an online portal. This type of coursework is designed to allow you to work when it is most convenient for you and study whenever you can so that you can better retain the information. It also allows you to complete your studies in such a way that the information you gain can assist you in your current job. Not only do you get the advantage of learning online, you can also apply it as soon as you have a firm understanding, reinforcing the concept and giving you additional support when it comes to your education. An accelerated learning program does not compromise the learning process. Instead, it streamlines it making it easier for you to move ahead much more efficiently.

Will a Certification in Economics Help My Career?

Having a certification in economics will definitely help your career, especially if you plan on continuing to pursue your education and eventually earn your degree. Certification in economics programs is designed to provide you with vital information that you need upfront to reach your educational goals and move forward in your career while you are still taking classes. While the certification does not carry the same weight as a full degree, it does show that you have skills and talents worth considering when it comes to hiring you for a specific position. Certifications can be the stepping stone you need if you plan on going back to school at a later date but need something to prove your value now. By receiving a certification, you have the opportunity to get the jobs you want now and continue to work on getting the degree that you want.

A certification in economics offers students something tangible to show for their efforts. This is why many degree programs will offer a certificate to students who have completed specific classes within their degree program. By offering the certification, students have something to show for all of the hard work they have put into earning the education and employment opportunities. Many companies will give extra consideration to an employee who is applying for a management position if they have a certificate to back up there skills and talents. The agreement may be that they can get the job using the certification, but to move forward, they must return to school and earn their Masters’ degree. This is advantageous on many levels and will keep you moving forward, as you continue to work through the learning process.

What If I Already Have a Degree?

If you already have a degree, earning a certificate in economics is a way to keep up on advancements within the industry that are relevant to maintaining your position in the company. Over time, policies, protocols, and best practices change. This means that how certain tasks are performed may also change. With today’s technology advancing at an alarming rate, keeping up can be extremely difficult. By returning to school to upgrade your education, receiving a certificate in economics may be just what you need if you plan on continuing to advance within your career. Already having a degree is great, but at some point, the knowledge you have gained will eventually be outdated. Continuing education classes make it possible for you to learn what’s new and receive a certification that you can use to show you have completed the class and are not up to date.

Already having a degree in economics is a great foundation. Adding to that foundation through the attendance of specific certification programs is an ideal way to stay up to date and on task. It also provides employers with an incentive to provide you with bonuses or pay raises, especially if you continue to make it a point to learn as much as you can about upcoming trends in various economic sectors. Certification programs offer you that opportunity.

Carrie Morris
Author

Warren Dahl
Editor-in-Chief

15 Best Online Master’s in Economics for 2020

best online masters in economics

An online master’s in applied economics prepares a student for an economics career by focusing on practical problems that arise in economics in a variety of areas of interest. A master’s in applied economics online introduces students to concepts to help solve those practical problems. An online master’s in applied economics also steeps students in more advanced concepts than he or she was previously taught in a bachelor’s degree program. 

Earning a master’s in applied economics online is a versatile option. With an online master’s in applied economics, a person may take on roles in both international and domestic banking, consulting firms, non-profit organizations, the government, and in business. Another benefit of choosing one of the online masters in economics programs is that it’s the minimum requirement to teach economics in a two-year school. Therefore, after a person selects from one of the online masters in economics programs, he or she can get a teaching certificate and have an opportunity to educate others about economics. 

Methodology: Ranking the Best Online Master’s in Economics

Because online students need to know if their degree will be time and money well spent, Great Business Schools editors researched online master’s in economics programs with an eye for value and return on investment. Only accredited, reputable schools were chosen, and programs are ranked according to their cost, salary potential, and student satisfaction for a full picture. 

1. West Texas A&M University

West Texas A&M University offers an MS in Finance and Economics that will allow the graduate to pursue a career in almost any industry they choose. An education in finance and economics will create opportunities for anyone who loves to work in a fast-paced, goal-oriented environment. The financial aspect of a business is highly detailed and structured and requires someone who is organized and committed to excellence. Earning the best online Masters in Economics is the first step toward a very rewarding career.

West Texas A&M University has a long-standing reputation for offering in-depth coursework that is presented by faculty members who are dedicated to the advancement of their students. Students who sign up for the best online Masters in Economics programs can rest assured they will have the skills they need to succeed no matter what career path they choose.

Highlight Whether the courses are taken online or in the classroom, every student receives the same quality education.
Degree MS in Finance and Economics

2. American University

American University offers students an MA in Economics online program that provides all of the skills and knowledge they will need to pursue a career in their chosen career field. With a degree in Economics, graduates can find careers that offer excellent opportunities for advancement as well as financial security. Graduates can play an active role in many company decisions by providing accurate information using the tools and skills they gained through their MA in Economics.

The American University offers online classes for students who are interested in pursuing one of the best online Masters in economics programs. The University is well-known for offering some of the most advanced courses in the economics and financial fields.  Graduates who attend the University are backed by the school’s solid reputation for excellence in education.

Highlight Its location in Washington, DC means that economics master’s graduates are primed for one of the best job markets for economists in the world. 
Degree MA in Economics

3. Youngstown State University

Youngstown State University has one of the best online Masters in Financial Economics degree programs in the area. Receiving a Master of Arts degree in financial economics teaches students how to analyze economic models on all levels as well as use the latest software for researching statistics. They will learn about the various tools and skills that are needed to advance within their chosen field. With an online MA in Financial Economics, they will be able to find employment in both public and private sectors using the skills they have mastered.

Youngstown State University provides students with an online educational program that is second to none in the state. The University takes great pride in offering courses that provide accurate information and up to date technology that students can rely on to make them leaders in their field. Earning their degree with one of the best online Masters in Economics programs will give them the advantage they need right from the start.

Highlight Youngtown State is known as one of the most affordable programs in the nation. 
Degree MA in Financial Economics

4. Purdue University

Purdue University’s online MS in Economics is designed to be the most up-to-date, innovative economics degree in the nation. Backed by the highly respected Krannert School of Management, Purdue’s economics master’s program gives students access to the most advanced technological tools in the industry, combining age-old economics theory with data analysis and application. 

Purdue University’s Krannert School of Management is one of the nation’s foremost business schools, and Purdue has become a leader in online education in recent years. That combination means students can expect the online MS in Economics to not only give them the highest quality of online learning, but also to have a real name value on the job market. 

Highlight Purdue’s MS in Economics can be completed in as little as 20 months. 
Degree MS in Economics

5. University of Delaware

The University of Delaware offers an MA in Economics and Entrepreneurship for Educators online program that provides students with the best educational opportunities possible. Students who attend the university have the skills and abilities to accomplish almost any type of task in terms of teaching others who are interested in learning more about economics and entrepreneurship. With an online MA in Economics and Entrepreneurship for Educators, students can assist others in reaching their goals.

The University of Delaware provides students access to educational resources and faculty members who are well-advanced in their careers. This provides each student with a learning opportunity that is second to none in terms of excellence in education. 

Highlight Students can complete their MA in Economics and Entrepreneurship for Educators online degree program while continuing to work and support their families.
Degree MA in Economics and Entrepreneurship for Educators

6. Georgia Southern University

Georgia Southern University offers an MS in Applied Economics for students who want to excel in their careers. Students are taught how to apply economic principles to various situations to predict or create a specific outcome. Students who attend GSU are guaranteed one of the best online MS in Applied Economics programs available throughout the south.

Georgia Southern University is a leader when it comes to offering the best online Masters in Applied Science programs to students who want to explore employment opportunities within that field. Faculty members are hand-picked for their experience and knowledge when it comes to teaching applied economics to students over an online platform.

Highlight The online degree program offers strong academic courses and a flexible schedule that allows students to learn at their own pace and establish themselves as an expert in their field.
Degree MS in Applied Economics

7. Southern New Hampshire University

Southern New Hampshire University offers one of the best MS in Applied Economics online programs for students who need to earn their degrees outside of a classroom setting. The courses are designed to teach students how ot analyze financial information and project future trends as well as interpret fluctuations within the financial markets. They earn skills that will benefit them in both their personal lives as well as in their chosen professions. With one of the best online Masters in Economics degree programs to back them up, students are fully prepared to succeed once they graduate.

Southern New Hampshire University offers military personal and students who are already employed an opportunity to earn their degree on their terms. The University has designed quality coursework that is taught by faculty members with years of experience in their field. Students who choose to attend the university can graduate with confidence and look forward to many employment opportunities.

Highlight SNHU is one of the biggest names in online education, and especially known for its dedication to education for veterans and working adults. 
Degree MS in Applied Economics

8. Northeastern University

Northeastern University offers one of the best online Masters in Commerce and Economic Development degree programs available in the country. Students are provided with the skills they need to succeed when new opportunities present themselves. Graduating with a degree from one of the best Masters in economics online programs gives students the confidence they need to move forward.

Northeastern University has schools across the country so that students who choose to attend one of heir online programs also have access to a regional campus if needed. The ability to attend classes online while still having access to some of the best faculty members in the country is a bonus for many students. Online Masters in Economics degree programs provide students with the education they need when it is difficult for them to attend a classroom.

Highlight Students in Northeaster’s Commerce and Economics Development program can choose from several specific concentrations, including data analytics and economic entrepreneurship. 
Degree MS in Commerce and Economic Development

9. University of Detroit Mercy

The University of Detroit Mercy offers one of the best online MA in Economics degree programs available to students who are wanting an occupation that allows them to work with both economics and financial principles. The courses provide instruction on the world economy and all of the institutions and participants who play an active role in keeping things running smoothly. Detroit Mercy offers one of the best online Masters in Economics programs in the Midwest, especially for students wanting an online platform.

The University of Detroit Mercy is one of many colleges in the Midwest that offer online degrees in economics. The online MA in Economics degree program offered by the school provides students with the best opportunity for success so they can still continue to care for their families.

Highlight Detroit Mercy is one of the most well-respected universities in the Detroit area in terms of offering the highest quality, online education for students who need to maintain their current employment while attending school.
Degree MA in Economics

10. University of Missouri

The University of Missouri’s online MA in Economics degree program is one of the best in the country. Students are introduced to various subjects including econometrics, international trade, monetary systems, economic development, and quantitative economics. They are given the skills and abilities they need to become professionals in their field and function efficiently when it comes to performing their duties. The best online Masters in Economics degree programs allow students the best chance at success.

The University of Missouri is one of the best schools in the area in terms of quality coursework and professional faculty members who bring to the table many years of experience. The online degree programs offered by the University of Missouri provide students with an opportunity to continue to fulfill their obligations to family while finishing their degree.

Highlight Mizzou is one of the foremost public research universities in the US and deeply connected to government and industry throughout the Midwest. 
Degree MA in Economics

11. University of North Dakota

The University of North Dakota offers the best MS in Applied Economics and Predictive Analytics online degree programs for students who want to earn their degree without having to attend a classroom. Students are taught a variety of skills including strategic planning, economic development, analysis, and applied research skills that will allow them to become proficient in their chosen profession. The best online MS in Economics degree programs will help students get a headstart on the career of their choice.

UND has faculty members with many years of experience in economics and predictive analysis that can help students better understand the concepts and principles that are being presented throughout the course work. Students who choose to pursue an online degree program can continue to work and gain the experience they need to apply for the more advanced positions.

Highlight The University of North Dakota has offered quality online educational programs for many years and has become central to education for working adults in the Midwest and Great Plains. 
Degree MS in Applied Economics and Predictive Analytics

12. Johns Hopkins University

Johns Hopkins University has one of the best online MS in Applied Economics degree programs on the East Coast. Online coursework at the university includes Spatial Economics, Public Policy, Health Economics, Environmental Economics, and International Economics and Development. By offering these classes, students are provided an opportunity to explore all facets of the economy and financial world and learn the necessary skills that are needed to thrive in that environment. By enrolling in one of the best MS in Economics online degree programs, students can earn their degree and create a worthwhile career for themselves.

Johns Hopkins University is one of the most prestigious schools in the country. They are well-known for having award-winning faculty members and state of the art technological tools that students can use to gain an advantage once they graduate and enter the workforce. 

Highlight By offering online course programs, Johns Hopkins University gives students a chance to learn at their own pace while continuing to gain experience and support their families.
Degree MS in Applied Economics

13. Western Illinois University

Western Illinois University offers an excellent MA in Community and Economic Development online degree program for students who are interested in continuing their education. The university offers courses in Community Development, Economic Development, Marketing and Data Analysis to provide students with an opportunity to learn about all aspects of the economy and how it affects businesses and our daily lives. Western Illinois University offers the best MA in Community and Economic Development online degree programs.

Western Illinois University has been offering competitive online programs for many years in order to provide students with an education they can rely on. The online programs offered by the university allow students to learn when it is most convenient for them instead of restricting them to a classroom environment.

Highlight  Faculty members at Western Illinois offer experience and knowledge gained from working for many years in the economics field.
Degree MA in Community and Economic Development

14. SUNY Empire State College

SUNY Empire State College has one of the best online MA in Community and Economic Development degree programs available in the northeastern United States. Graduates learn about business models, public policy analysis, ethical issues found in social policy, and the basic principles of community and economic development. By earning their degree, graduates can pursue a career in any number of fields that allow them to work in either the public or private sector. 

SUNY Empire State College has a proud tradition of providing students with a quality education, access to professional faculty members, and excellent resources they can use to gain an advantage as they move forward with their education. Students who enroll in online programs can continue to work and support their families as they begin to take the necessary steps to move up in their careers.

Highlight SUNY Empire State College provides students with one of the best online MA in Economic degree programs in the area.
Degree MA in Community and Economic Development

15. Regent University

Regent University is a Christian school of higher learning that offers one of the best MBA in Economics online degree programs in the area. Students who enroll in this degree program will receive the skills they need to become a research analyst, economist, personal financial consultant, financial reporter, research analyst or an executive in financial leadership. By providing one of the best MA in Economics online programs, Regent is giving students an advantage in terms of getting ahead of their competition.

Regent University has been known for many years as one of the most reputable universities on the east coast. Faculty members are professionals in their field and bring to the table years of experience. The school strives to provide students with the technology they need to work in this highly competitive field. By offering students the option to enroll and take their classes online, they provide many with an opportunity they may not have otherwise had.

Highlight Regent University has become one of the best-known Christian institutions in the world for online education. 
Degree MBA in Economics

Why Should I Choose an Online Master’s in Economics?

An online master’s in economics has many benefits to a person. For example, earning a master’s in economics is a convenient way to learn more about how the real world of finance works. Plus, a person can choose to earn a master’s degree in economics from their own home.

An online master’s in economics provides a person with a “leg-up” over the competition when compared to individuals who only have a bachelor’s degree. In other words, a person who completes a master’s degree in economics online will have something more than much of the competition. This means an employer may look at the fact that a person completed a master’s in economics online and choose him or her over the competition. 

Choosing to earn one of the online master’s degrees in economics can prepare a person to take on a higher role. In fact, after a person earns a master’s in economics online, he or she may be able to take on a leadership role. 

Completing a master’s degree in economics online can help a person earn more money at his or her current position or help him or her find positions that pay more.  

What is a Master’s in Applied Economics?

Unlike a standard economics program, a master in applied economics helps prepare a student for a career in research or teaching economics. A masters in applied economics provides a student with analytical and practical training. A master in applied economics places emphasis on how economics applies to the real world. It focuses on how economic tools are applied.

To answer “What can I do with a master’s in applied economics,” a person can take on a teaching role in a two-year degree program. Additionally, what can I do with a master’s in applied economics also includes taking on research roles and leadership positions. 

Can I Get a Job with a Master’s in Applied Economics?

A person can get a job with a master’s in applied economics. In fact, a number of jobs in applied economics are available. Masters in applied economics jobs include a variety of positions in different fields. For example, it’s possible for a person to find jobs in applied economics in businesses or with non-profit organizations or even the government. Banks may have positions available for individuals who have this degree background as well. Masters in applied economics jobs include positions in teaching, research, and more. 

How Much Can I Make with a Master’s in Economics?

The salary for masters in economics varies based on the position a person takes; however, the earning potential is high. For instance, if a person searches for master in economics salary for an economist, a person will discover that, on average, a person in this position earns $104,340 per year. This masters in economics salary is equivalent to $50.16 hourly.  The salary for a masters in economics may be higher if a person takes on a position in scientific research or with grant-making or giving services.  

A masters in economics salary for someone who takes on a teaching role is nearly $100,000 per year as an assistant. However, the masters in economics salary for someone who takes on a teaching position with a community college is around $74,470 per year. This wage varies based on the college a person works for as well as his or her location.

There are other positions for someone with a masters in economics, and the master in economic salary for these positions is a bit different than the aforementioned positions. For instance, the masters in applied economics salary for a person who takes on a role as a financial advisor is $88,890 per year. The masters in applied economics salary for this position can also be much higher, with the top-paid financial advisors making over $150,000 per year. 

Always keep in mind that the masters in economics starting salary is a little lower than average. However, the masters in economics starting salary is just a starting point. 

Carrie Morris
Author

Warren Dahl
Editor-in-Chief

25 Best Master’s in Economics for 2020

best economics masters programs

It might be called “The Dismal Science,” but an understanding of economics is essential in modern business. If you are looking for the best school for a Master’s in Economics program, you need to look for one that has a top-rated business college. While many schools offer economics degree programs, those that have an accredited business college will be able to provide you with information and skills that go above and beyond a basic Economics degree.

Top-rated business colleges often have relationships with local corporations and can provide internships for students who meet the qualifications. This type of opportunity provides hands-on skills and experience that can’t be learned in the classroom. Mentorships are also available. These programs pair you up with a mentor who has many years of experience in their career. By tapping into this knowledge, you can learn valuable lessons that might not be taught in the coursework any longer. It brings old school learning into a new school setting.

Methodology: Ranking the Best Master’s Programs in Economics

Great Business Schools is interested in programs that have a real impact on students’ careers and lives. That’s why our ranking of the best master’s degrees in economics focuses on accredited, trusted institutions known for quality and reputation. Schools are ranked according to their cost, student satisfaction, and alumni salary, using data from College Scorecard, IPEDS, and Niche. 

1. University of Maryland

The University of Maryland has an MS in Applied Economics that is one of the best masters programs in economics in the world. This program focuses on providing students with the skills they need to serve as professional economists. The program is STEM-designated and is offered via evening classes in two locations: College Park and downtown Washington, DC. Students typically work during the day and attend classes at night. Graduates frequently land jobs in government agencies, private consulting firms, and non-profit organizations.

The Department of Economics at the University of Maryland is ranked among the top 20 economics programs in the US by the National Academy of Sciences. The department has a large, diverse faculty that has experience in all areas of economics, including public economics, political economy, labor economics, international economics, industrial organization, and natural resource economics.

Highlight International students qualify for a 2-year extension of the Optional Practical Training after graduation.
Degree MPS in Applied Economics

2. Binghamton University – SUNY

The MA in Economics from Binghamton University – SUNY is one of the best master in economics programs available. There is an emphasis on small class sizes and close student-faculty interaction. Most classes have between 5 to 20 students. Students have access to regularly scheduled workshops and seminars where speakers discuss the research they are doing. The program focuses on applied, experience-based work that helps prepare students for their future careers.

Binghamton University offers an interdisciplinary education with a global perspective. The school is one of the leading research universities in the nation and one of the top public colleges in the nation. Binghampton’s campus is an inclusive community that fosters cross-cultural experiences and an international educational perspective. The school has won several awards for innovation in global education and has programs that provide study groups for foreign language students.

Highlight There is a 4+1 program that allows students to complete their bachelor’s and master’s degrees together in just five years.
Degree MA in Economics

3. Northeastern University

Northeastern University offers an MS in Economics that is one of the best masters degrees in economics in the country. The program is designed to prepare students either for a career as a professional economist or to pursue a PhD in economics. Students can attend part- or full-time and the program consists of 32 credit hours of work. The program gives students a firm grounding in quantitative methods and economic theory. Students have opportunities to practice applying the tools they learn in the program.

The Department of Economics at Northeastern University gives students an understanding of local, national, and global economic issues facing society. The department offers a rigorous curriculum that incorporates technology and research. Students participate in independent learning and benefit from close professor-student interaction. The program provides students with the analytical skills they need to be successful economists.

Highlight This is a STEM-certified program.
Degree MS in Economics

4. University of Wisconsin

The master’s degree in economics from The University of Wisconsin-Madison is one of the best masters programs in economics for students who need a background in economics for their careers or those who want to continue their education at the PhD level following graduation from the master’s program. Students who earned their bachelor’s degree at a lesser-known school will also benefit from completing their master’s degree at a well-known state university. The program provides a solid understanding of economic theory as well as strong quantitative skills.

The Department of Economics at UW-Madison is committed to excellence in teaching and research. The department has more than 35 faculty members and over 300 graduate students. The department is certified eco-friendly at the gold level by the university’s Office of Sustainability.

Highlight This program places more focus on econometrics than most other economics programs.
Degree Master of Economics

5. University of Illinois

The University of Illinois offers an MS in Economics that is one of the best master in economics programs for students interested in economic policy. There is a concentration in policy economics available. Students must start in the fall semester. One semester of linear algebra and two semesters of calculus are required for admission. The course comprises microeconomic theory I & II, macroeconomic theory I & II, econometric analysis I & II, and four electives.

The University of Illinois tackles innovative research that addresses the problems that plague society. The school is committed to changing the world through research and education. The University of Illinois provides transformational learning experiences that prepare students to be agents of change in the world. The school’s mission is to enhance the lives of those who live in the community and beyond.

Highlight The program consists of 40 credit hours, and graduate teaching experience is encouraged.
Degree MS in Economics

6. George Mason University

The MA in Economics from George Mason University’s College of Humanities and Social Sciences is one of the best masters degrees in economics in the country. The program combines experimental economics, Austrian economics, and public choice economics. George Mason’s economics programs are highly-ranked and focus on the relationships between legal, political, and economic institutions. The school’s economics faculty is popular with the media for providing their expert opinions on economic policy.

The College of Humanities and Social Sciences averages $15-20 million in annual research funding. The school has a strong liberal arts foundation and helps students develop competencies in project management, critical thinking, ethics, and communication. These skills help students reach success in all areas of their lives. The school is committed to innovation in research, teaching, and community engagement.

Highlight Students benefit from the school’s location and the resources available in the Washington, DC area.
Degree MA in Economics

7. Boston College

The Woods College of Advancing Studies at Boston College offers a STEM-designated MS in Applied Economics that is one of the best masters programs in economics around. The program teaches students to analyze date in order to analyze marketing efforts, understand consumer behavior, develop forecasts, and evaluate programs. Students can attend evening classes either full- or part-time while continuing to work. The program covers economic development, marketing research, the economics of insurance and banking, health care economics, and big data.

The Woods College of Advancing Studies offers top-quality Boston College programs in a flexible format that makes them accessible to students at every stage of their careers. The school provides a supportive community where adult students can advance their careers and prepare to become ethical leaders serving a global community. The programs offered adhere to rigorous standards and follow the Jesuit tradition of educating the whole person.

Highlight Students engage in hands-on learning to prepare them for their future careers.
Degree MS in Applied Economics

8. University at Buffalo

The MA in Economics from the University at Buffalo Department of Economics is one of the best master in economics programs for students who want to learn practical applications for economic theory. The program prepares students for highly competitive positions in government, advocacy groups, international trade, health care, and finance. The program consists of 30 credit hours, including macroeconomics theory, microeconomics theory, econometrics I & II, and topics in microeconomics.

The Department of Economics at the University at Buffalo is committed to providing an interactive personal experience that leads to student success. The department encourages mentor/mentee relationships between students and faculty. Upper-level classes are small to promote faculty support. The school is constantly improving its courses and curriculum to better serve the needs of its students. Courses promote finding fresh perspectives, identifying contexts, and critical thinking.

Highlight There are two combined degrees that include an MA in economics. They are JD law/economics and economics/education policy analysis.
Degree MA or MS in Economics

9. University of Michigan

The University of Michigan offers an MA in Applied Economics that is one of the best masters degrees in economics for students seeking careers as professional economists. The program offers a challenging curriculum that provides practical analytical training. There is an emphasis on policy and the use of economic tools to solve problems. The program usually takes about a year and a half to complete. The Master of Applied Economics is not designed to prepare students for the PhD program. Students who wish to complete a PhD should consider the Master of Arts in Economics.

The Department of Economics is focused on the success of its alumni, staff, faculty, and students. The department has a history of excellence and is committed to inclusion, equity, and diversity. Students have access to outstanding educational opportunities, including the chance to participate in research.

Highlight This program is designed to allow the flexibility for students to follow their own interests related to economics.
Degree Master of Applied Economics

10. University of Connecticut

The MS in Quantitative Economics from the University of Connecticut is one of the best masters programs in economics for students who are interested in quantitative methods for data analysis. Students learn how to apply quantitative methods to solve economic problems. This program combines economic theory with the tools available for analyzing economic data and teaches students to analyze other types of data as well, including big data. The program consists of 30 credits, including macroeconomics, microeconomics, and applied econometrics I & II.

The Department of Economics at the University of Connecticut is proud of its students’ successes. Graduates from the masters program have excelled in government and business careers and serve as faculty members at various colleges and universities. The department is proud of its diversity and its faculty members regularly participate in research projects in their areas of expertise.

Highlight This is a STEM-designated program.
Degree MS in Quantitative Economics

11. Columbia University

Columbia University offers an MA in Economics that is one of the best master in economics programs for students who want to pursue a career in the field immediately after graduation. The curriculum is rigorous and highly technical. Students must take microeconomic analysis I & II, macroeconomic analysis I & II, mathematical methods for economists, and econometrics I & II, as well as three electives in economics.

The Department of Economics at Columbia University has a long history of economics education. Columbia was one of the first schools in the country to offer a curriculum for economics. Columbia University’s biggest contribution to economics was the first Secretary of the Treasury, Alexander Hamilton, who graduated from Columbia. The Department of Economics at Columbia is one of the most highly-ranked economics departments in the US.

Highlight This program takes a year and a half to complete.
Degree MA in Economics

12. University of Texas at Dallas

The MS in Economics offered by the University of Texas at Dallas is one of the best masters degrees in economics. The program provides advanced training in quantitative skills and economic theory. Students learn to apply what they have learned to real-world problems and improve their critical thinking skills. Graduates are qualified for positions in regional and urban planning, regulation, labor arbitration, forecasting, data analytics, insurance, and banking. They are also prepared to pursue a PhD in economics.

The School of Economic, Political, and Policy Sciences is a leader in research related to economic, political, and social issues. The school produces graduates who work in the private sector, government, and non-profit organizations or pursue advanced education. Faculty members at the school are experts in their fields and help support students to ensure their success. The school performs research that makes a difference in the world.

Highlight This program requires a minimum of 36 credit hours.
Degree MS in Economics

13. University at Albany – SUNY

The University at Albany offers an MA in Economics that is one of the best masters programs in economics for students who want to help shape the economic landscape. Students learn to influence economic outcomes and find solutions for financial problems using research-driven data. Graduates are ready to serve as outstanding professional economists. Students can choose a concentration in international economics, economic forecasting, public economics, health economics, and finance and credit markets. The program trains students to become experts in the area of their concentration.

The Department of Economics is focused on studying the way people use their resources. Students will gain an understanding of how income inequality, inflation, unemployment, and other economic issues affect us every day. Economics students learn to understand economic problems and come up with solutions to help solve them.

Highlight This program consists of 30 credits and can be completed in as little as one year.
Degree MA in Economics

14. University of San Francisco

When you are looking for the best masters programs in economics, you want to consider the MS in Applied Economics from the University of San Francisco. The degree program emphasizes the use of technology in economics and strives to ensure that students are ready to take on challenging roles when they start working in a modern environment. It ensures that students are knowledgeable about the use of technology as it applies to economics.

The University of San Francisco emphasizes the importance of STEM in economics and student education. It strives to prepare students for a changing work environment and gives students an opportunity to develop skills that are useful in different positions. Students are able to combine their knowledge of economy and economic theories to technology and the development of new businesses.

Highlight The University of San Francisco offers evening courses to give working students a flexible schedule.
Degree MS in Applied Economics

15. Oklahoma State University

Oklahoma State University offers one of the best master in economics programs to help students with their career goals. The MS in Economics focuses on the practical application of economic theories in a modern business environment. It teaches students to use quantitative skills that apply to the field of economics so that students are able to work in a variety of industries and positions.

The way Oklahoma State University stands apart from other programs is the flexibility of the master’s program. The degree is designed around adults who are already working and may have complex schedules. It also recognizes that students may want to enhance their skills with additional courses, so it provides an opportunity for students to work around their current obligations and improve their skills. 

Highlight Oklahoma State University offers scholarships to graduate students who may need assistance with the cost of a degree.
Degree MS in Economics

16. Oregon State University

When you want to find the best masters degrees in economics, you can consider the programs at Oregon State University. Oregon State offers an MS or MA in Applied Economics, so students have the ability to select the degree program that fits their situation and goals. The economics programs emphasize the analytical skills that apply to economics professionals as well as the policy that may impact the economy. It provides a well-rounded view of the economy and the way economic theories apply to different systems.

Oregon State University stands out for its emphasis on sustainability and modern market environments. Students learn the skills they need to analyze and evaluate sustainable development, as well as the impact of different goals for businesses that emphasize long-term sustainability. It gives students an opportunity to consider modern concerns and policies as they apply to economics.

Highlight Oregon State University allows students to complete their master’s degrees at an accelerated rate.
Degree MS or MA in Applied Economics

17. University of Alabama

The University of Alabama offers an MA in Economics that prepares students for their work in modern businesses, corporate environments, or government positions. The degree program emphasizes the development of traditional economic analytical skills, as well as modern quantitative skills and statistical analysis. It gives students a strong foundation that they can build on when working in a long-term career.

The University of Alabama offers three concentrations, or areas of focus, for students in the economics program. Students can focus on applied economics, Ph.D. preparation, or public policy economics. The variety of different programs and concentrations ensures that students are able to focus on a specific career path. It allows students to emphasize their interests and develop the right skills based on their career objectives.

Highlight The University of Alabama allows students to finish their master’s degrees at an accelerated pace and students can complete a master’s degree in one year.
Degree MA in Economics

18. University of Kentucky

The University of Kentucky offers one of the best master in economics programs for students who want to advance in their careers. KU’s MS in Economics degree program emphasizes microeconomics and macroeconomics to give students a strong foundation in their field. It also allows students to select electives that provide specialized skills and training in a student’s area of interest.  

The University of Kentucky stands apart by focusing on doctorate-level training for students. The master’s degree program is designed around students who plan to continue into a doctoral program; however, it does allow students who are not planning to move forward into a higher level of education to complete the degree in certain situations. 

Highlight The University of Kentucky is AACSB-accredited for its degree programs.
Degree MS in Economics

19. University of California, San Diego

The University of California at San Diego offers one of the best masters degrees in economics for students who do not plan to continue into a doctoral program or who need a degree for their career or job while they are working on a higher level of education. The MA in Economics gives students a strong foundation in core topics of study and prepares students to handle leadership roles in an economics field. It helps students gain the skills they need to understand the application of theories to a real-world environment.

The University of California at San Diego differs from other programs by emphasizing the differences between the master’s degree program and the school’s Ph.D. program. The degree is not given to students who plan to complete a Ph.D. unless they need the degree for their job. It may be awarded to students who are not ready for a Ph.D. or who decide they do not want to pursue a higher level of education.

Highlight The University of California at San Diego offers an assistantship program to help graduate students with the costs associated with their degrees.
Degree MA in Economics

20. Stony Brook University

Stony Brook University offers an MA in Economics that emphasizes research as it applies to economic theories. The degree program teaches students the fundamental skills they need to apply a theory to a real-world environment or a business. It also ensures that students are aware of the strategies used in research programs to clarify information, double-check results, and maintain a high level of professionalism when looking into important details.

Stony Brook University prepares students for the challenges they may face when working in a complex environment. Since economics are essential for many fields and industries, it opens doors of opportunities for students in business, finance, corporate environments, policy, and government positions. The focus on research ensures that students are able to read and understand the results of research in economics and can then use the information in their careers.

Highlight Stony Brook University has a diverse student population, which offers a wide array of backgrounds to help students gain unique perspectives on economic topics.
Degree MA in Economics

21. University of Southern California

The MS in Economics and Econometrics from the University of Southern California is one of the best masters programs in economics for students who plan to work in a global environment, a technology company, or a teaching position. The degree program emphasizes econometrics and it teaches students the theories and applications of theories that are applied in different countries, world banks, or big data technology businesses. It is designed around the changing systems and the ways that work well in a digital environment.

The University of Southern California differs from other programs by focusing on the role of economics in big technology and data analytics businesses. It teaches students about the ways technology may change or impact the economy and provides an opportunity for students to work as a consultant for large technology companies. 

Highlight The University of Southern California is the 23rd best school in the nation for its economics degree program.
Degree MS in Economics and Econometrics

22. Hunter College – CUNY

Hunter College offers an MA in Economics that helps students make connections with potential employers and gain the skills they need to work in an exciting field. The degree program gives students the fundamental research and theoretical skills to keep up with the demands of a modern work environment. It also prepares students to recognize the potential complications that may arise when it comes to new policies or government programs.

CUNY’s Hunter College is located directly in Manhattan and gives students an opportunity to network with large firms and businesses before completing a master’s degree. It emphasizes the value of effective communication and connections, as well as the role of economists in different industries and fields of study.

Highlight Hunter College offers evening classes to help working adults keep up with the course materials.
Degree MA in Economics

23. Duke University

The MA in Economics from Duke University offers a flexible approach to student education that prepares students to accomplish their personal goals. The degree program teaches quantitative approaches to the field of economics so that students are ready to take on challenges in their careers. It also allows students to tailor their courses to fit their long-term goals for a career.

Duke University allows students to study courses from different industries and fields of study as part of the economics program. By allowing students to take classes in mathematics, political science, finance, or other industries, students are able to cater their knowledge to fit with the different interests that may apply to their career goals. It offers an opportunity to develop specialized skills.

Highlight Duke University requires students to complete a portfolio as part of their master’s degree program.
Degree MA in Economics

24. Florida International University

Florida International University offers an MA in Economics that gives students an opportunity to advance in their careers. The degree program offers a greater depth of study when compared to an undergraduate program and it prepares students to take on more challenging responsibilities at work. The emphasis on the practical application of economic theories helps students reach their goals.

Florida International University gives students the fundamental skills they need to handle a variety of situations in their jobs. It prepares students to work on an international level by teaching trade theory. It also ensures that students understand the way policy impacts the economy.

Highlight Florida International University allows students to complete their degree within 18 months.
Degree MA in Economics

25. Lehigh University

The MS in Applied Economics from Lehigh University is one of the best options for students who do not plan to continue into a doctoral program. The degree program emphasizes the master’s degree and provides students with a well-rounded view of economics as it applies to different environments and industries. It also ensures that students are able to focus on their studies at the master’s level rather than trying to combine their degree with a doctoral program.

Lehigh University offers a STEM-designated master’s degree in applied economics, so it is specifically identified as a degree program that is part of the STEM field. Since it emphasizes the role of mathematics, technology, and science in economic studies, it prepares students to work in big data, government agencies, or large corporations.

Highlight Lehigh University sets high standards for student achievement and encourages students to maintain a 3.0 GPA or higher in their master’s degree program.
Degree MS in Applied Economics

How Do I Choose a Master’s in Economics Program?

It’s important to determine whether you want to take your courses online or in the classroom. Students who are working toward their Master’s degree are often working full-time jobs in addition to caring for their families. This can make finishing a Master’s degree program extremely difficult, especially when it comes to studying, working, and trying to maintain quality family time. If this is the case, you need to find a school that offers an online Masters’ degree program that can be completed when it is convenient. Students can study and turn in their coursework when they can, instead of being held up in a classroom for several hours at a stretch.

Is Economics a Good Career Path?

Economics is an excellent career path with numerous opportunities for advancement. The ability to understand economics on a local, national, and global level is the key to understanding how individuals and companies operate in the financial world. The fact that our country’s economy and that of the world work hand in hand guarantees many opportunities for advancement and growth within the industry. A Masters’ in Economics degree can be used in almost any type of industry. While there are several excellent job opportunities dealing with investments, corporate funds, banking, and other financial careers, students can also use their degree to excel in creating powerful marketing strategies and evaluating growth patterns when it comes to city and county agencies.

Understanding what Economics is and how it is used is the key. Economic patterns and trends affect everything from insurance premiums to stock market numbers. All of these numbers and patterns affect you in some way shape or form. Earning a Masters’ degree in Economics gives you not only an understanding of how these things work, they also give you the information you need to make positive changes when they are called for. Job opportunities are available with non-profit organizations, government agencies, and many other entities that rely on understanding marketing trends and using them to continue their growth.

The fact that economics is a driving force in terms of financial security is just one reason why earning a Masters’ degree in economics is worth it. Economics goes far beyond just the financial aspect. It involves learning how money is generated, how it is spent or invested, and how it is transferred from one place to another. An economics degree takes you through the many steps that are involved in earning money as well as the numerous ways money is used to support the operations and functions of businesses and governments. 

What Can I Do With a Masters’ in Economics?

There are several different paths you can take with a Masters’ in Economics degree. You can work in either the public sector or the private sector. You can work with non-profit organizations or large corporations that make millions of dollars a year. Many individuals who have an economics degree work with investment companies or as analysts that provide valuable information to banks and other organizations. Graduates who have a Masters’ degree in Economics can also find work with marketing agencies and others who specialize in sales and advertising. The opportunities for growth in these areas are extensive. To get started, all you have to do is find the right Masters’ in Economics degree program that best suits your needs and career goals.

A Masters’ in Economics degree also provides opportunities in terms of consulting work. Consultants who specialize in helping companies make better decisions in terms of spending, selling and investments are in high demand. Even industries that have nothing to do with finances or money require the services of consultants who are well-versed in economics and the patterns often associated with growth and loss. Having these skills can make you an irreplaceable member of a team that must constantly be working for the betterment of the company.

Carrie Morris
Author

Warren Dahl
Editor-in-Chief

10 Most Affordable Online Supply Chain Management Bachelor’s Degrees for 2020

logistics and supply chain management degree online

Working adults who are paying their way through an online bachelor’s completion program have to have finances on their mind, but it’s possible to find an affordable supply chain management degree online. The online options are often less expensive than on-campus ones. A person wanting to earn an online supply chain management degree may want to look for regional colleges as opposed to the main branches. These tend to be less costly. Additionally, public schools tend to be cheaper than the private ones.

Another option a person has for saving money on a supply chain management degree online is starting at a community college. A person can choose to earn an undergraduate degree at a community college for less than the price of a major college. Another option is to earn general credits at a community college and transfer those credits to another school. Keep in mind, community colleges do receive accreditation and can adequately prepare a person for a career, so it’s possible to earn an entire degree at a community college. 

Methodology: Ranking the Most Affordable Online Supply Chain Management Degree

Great Business Schools isn’t in the business of recommending degree programs that don’t deliver, which is why our ranking of the most affordable online supply chain management degrees includes more than just cost. While the programs are arranged in order of tuition cost (according to official IPEDS data), all schools are fully accredited and respected for the quality of their education. 

1. Athens State University

The #1 most affordable supply chain management degree online is the BS in Logistics and Supply Chain Management degree from Athens State University. This is a holistic program that includes reverse logistics, distribution, production, and sourcing. The program’s faculty is actively engaged in logistics programs in the public and private sectors and can impart to students an understanding of how supply chain management works in the business world.

Athens State University is convenient, affordable, and friendly. The school offers a welcoming environment that prepares students for success in their future careers. Athens State University strives to be the #1 choice for transfer students seeking an affordable education. The school empowers students to be leaders and contributors in all areas of their lives. Athens provides students with the support they need to transform their lives.

Highlight Graduates are qualified to work as global logistics managers, materials planners, and supply chain managers.
Degree BS in Logistics and Supply Chain Management

2. Bellevue University

Bellevue University offers a BS in Supply Chain and Logistics Management. This online supply chain management degree teaches students how to manage operations in the areas of transportation of goods, warehousing, and procurement in order to remain profitable and competitive in business. Students learn about types of supply chains, international trade regulations, radio-frequency identification, quality management, inventory management, and more.

Bellevue University is a non-profit organization that is consistently ranked among the most military-friendly schools in the country. The school uses their trademarked Real Mastery® methods to make sure students master the material they are studying and graduate with the skills their employers will need. Students learn hands-on skills that enable a smooth transition to the business world.

Highlight This program prepares students to become qualified for the following certifications from the Association for Supply Chain Management: Certified Supply Chain Professional (CSCP) or Certified in Logistics, Transportation, and Distribution (CLTD).
Degree BS in Logistics and Supply Chain Management

3. Northern Kentucky University

Northern Kentucky University offers a supply chain management degree online. NKU’s online BSBA—Global Supply Chain Management degree trains students in distribution, warehousing, inventory control, purchasing, directing production, and logistics. Students learn to provide forecasts to improve accuracy and control costs. Graduates work in purchasing, cargo and freight, distribution management, transportation management, logistics management, and more.

Northern Kentucky University offers accelerated programs that allows students to quickly earn their degrees online. The school’s high-quality educational programs provide hands-on experiences that are applicable in the real world. Classes are taught by professional faculty members, not assistants. For 10 years in a row, NKU has been ranked among the top colleges in the US by Forbes. The school’s vision is to be known for its effectiveness in managing resources, its dedication to its students’ well-being, its delivery of high-quality academic programs, its contribution to economic growth, and its success in preparing its students to excel.

Highlight The Path to Success scholarship can make this degree even more affordable.
Degree BSBA in Global Supply Chain Management

4. Clayton State University

Clayton State University offers a BBA in Supply Chain Management. This online supply chain management degree provides students with access to industry leaders as they learn practical skills related to supply chain management. Students gain a solid foundation in business as well as taking six courses in their major. Courses include principles of supply chain management, global sourcing, and operations and warehouse management.

Clayton State University’s motto is “Dreams. Made Real.” The school was born from a dream and exists to help students reach their own dreams. The school offers hands-on learning, including internships that allow students to gain experience while they learn. Clayton is an affordable school that strives to be accessible to all. The school offers many types of aid to help keep money from getting in the way of anyone’s dreams.

Highlight This program requires the completion of a capstone course.
Degree BBA in Supply Chain Management

5. University of North Carolina at Greensboro

The University of North Carolina Greensboro’s supply chain management degree online program teaches students how products are designed, sold, and manufactured. Students learn about the many links between product development and delivery to the final customer, and they learn how to distribute, produce, and source goods more effectively. The online program is taught by the same faculty that teaches the on-campus classes.

The University of North Carolina Greensboro’s staff is made up of professors with real-world experience in the workplace. Students benefit from having access to their professors’ expertise. The school provides support to students through the Career & Professional Services Center. These support services help students start preparing for their future careers from their first day of classes. Students are eligible for career support until their placement is successful.

Highlight This program is AACSB accredited and can be completed online at the student’s convenience.
Degree BS in Supply Chain Management

6. California State University, East Bay

Cal State East Bay offers a BSBA Operations and Supply Chain Management concentration online. This online supply chain management degree gives students the skills and knowledge they need to prepare for a successful career in supply chain management. Students learn to use analytical tools to manage operations and gain knowledge in emerging technologies, project management, global supply chain, lean management, and more.

Cal State East Bay is a four-year school that was founded in 1957 and now has an enrollment of more than 15,000. The school has completed a solar energy project that involved installing solar panels on the roofs of campus buildings. The school has also been approved for a fuel cell project that will provide hot water on campus.

Highlight There are three semesters per year, and online students can set their own pace or even take classes year-round to accelerate their degrees.
Degree BSBA in Operations and Supply Chain Management

7. University of Michigan-Flint

The University of Michigan-Flint offers an Operations and Supply Chain Management degree online. This program combines operations management and supply chain management into one degree. Students learn how to maximize profit while producing goods and services and how to get those goods and services to the customers. Students learn about risk analysis, lean operations, logistics management, quality management, and more.

The University of Michigan-Flint is dedicated to improving the local community and making the world a better place. The school is in an urban setting and has a diverse student body. U of M-Flint values engaged citizenship, student-centeredness, and excellence in scholarship, learning, and teaching. The school’s staff provides individualized attention to its students and produces graduates who are leaders in their communities and professions.

Highlight Students are required to earn 30 points for participating in career development activities such as internships, job shadowing, or attending seminars on topics such as resume writing or business etiquette.
Degree BBA in Operations and Supply Chain Management

8. Baker College

Students who are looking for an online supply chain management degree may be interested in the Logistics degree from Baker College. This program teaches students about every link in the system from raw materials to customer pick-up or delivery. Students gain a comprehensive knowledge of the transportation industry as well as taking foundational business courses. Students learn from industry professionals with first-hand experience and are exposed to experiential learning opportunities that help them prepare for life after graduation.

Baker College’s mission is to provide the training that will bring successful and rewarding careers to its students. The school teaches critical thinking and communication skills and provides practical, hands-on experience in the students’ field of study. Baker provides employment support throughout graduates’ careers and is committed to continuous improvement over time.

Highlight Employees in the field of logistics earn a median income of $74,170 per year.
Degree BBA in Logistics

9. Granite State College

Another option for students seeking an online supply chain management degree is the Operations Management degree from Granite State College. This program teaches students about quality control, quantitative methods, supply chain management, and project management. Students learn how to help their organizations improve profits and operate more efficiently. Graduates understand the foundations of business and can analyze the strengths and weaknesses of a business and make recommendations for improvement.

Granite State College is both convenient and affordable. The school offers many online degrees and accepts up to 90 transfer credits. Since 1972, Granite State has been working to make education more accessible. The school offered evening and weekend courses from the beginning. Granite provides the support its students need to attend classes and earn their degrees. The school’s online degree programs are ranked among the best by US News & World Report.

Highlight Students can earn credit for prior experience such as work, military training, and volunteer-based training.
Degree BS in Operations Management

10. Florida International University

Florida International University offers a BBA in Logistics and Supply Chain Management degree online. This program helps students understand trade industries, supply chain, and logistics. It enables them to guide their companies into lean operations in order to save time and money. Students learn how to produce and deliver goods and services efficiently. They learn how to enhance profitability, improve customer service, streamline processes, and reduce costs.

Florida International University is a worldwide leader in online education, with more than 100 online degrees available. The school is one of the largest in the nation and is also #1 for producing Hispanic graduates. FIU offers innovative programs that focus on the needs of the students. The school provides to its online classes anytime, from anywhere in the world.

Highlight The program is taught by faculty members with worldwide expertise in international business and supply chain management.
Degree BBA in Logistics and Supply Chain Management

Can I Get a Supply Chain Management Degree for Free?

Unfortunately, the saying, “Nothing in life is free” holds true in this case. A person can’t find an online supply chain management degree program online for free. There’s the option of finding less expensive programs and finding grants, scholarships, and employer reimbursement that can decrease the cost. For some people, this could be enough to make the entire program free. 

On the other hand, a person can find certificate programs for free. It’s as simple as searching “free online supply chain management certificate.” The programs are a lot shorter than a degree program, and a person can choose between various types of certificates that can help a person with a career in supply chain management. 

When trying to save money on an online supply chain management degree, a person should look into employer reimbursement. Sometimes, employers offer their employees the option of paying for part of their education. In return, the student must agree to work for the employer for a designated amount of time. The person must also complete the entire degree to qualify. 

It’s no surprise that earning a degree is expensive. Once a person is out of school, they’re responsible to pay back all the loans they take out. This can take years, sometimes decades to accomplish. However, it’s possible to save money on a supply chain management degree, so a person isn’t bombarded with debt after school. 

What are Some Entry Level Jobs in Supply Chain Management? 

Although a supply chain manager can accomplish great things in terms of working his or her way up the corporate ladder, in the beginning, he or she doesn’t have as many options. A person must gain experience with entry level jobs in supply chain management and work his or her way up, though. 

One example of entry level jobs in supply chain management is a logistician. Most positions don’t require experience. This particular position consists of overseeing the allocation, delivery, and even acquisition of products. As one of the entry level supply chain management jobs, this person is responsible for finding areas where improvement is necessary. For instance, a logistician must look for solutions to issues to help with the budget and improve quality. Generally, this position requires at least a bachelor’s degree. 

Another example of entry level supply chain management jobs is a quality control inspector. With this position, a person can be trained on the job. A person has to test products. They evaluate them to ensure they meet specifications and standards. 

In addition, one of the supply chain management entry level jobs is a buyer. This is one of the supply chain management entry level jobs that requires at least a bachelor’s degree. In this position, a person gets to choose the products to purchase for a supply chain. An individual with this title needs to negotiate down prices. 

How Much Can I Make Right Out of School?

Although a person makes more money with experience, sometimes, the starting salary for chain management is quite high. For instance, the average logistician earns an average of $74,600, which is equivalent to $35.86 per hour. Although this isn’t the starting salary for supply chain management, someone just starting out won’t make significantly less than this. 

A quality control position doesn’t require a degree. A person can start out in this position with on-the-job training and either work his or her way up or attend school. The supply chain management starting salary for this position is nearly $40,000 per year. This supply chain management starting salary is higher in states like Washington, New Mexico, and North Dakota. 

The average starting for a buyer is $67,600 per year, which is equivalent to $32.50 per hour. Although someone just starting out will have a slightly lower salary since this isn’t the average starting salary for supply chain management as much as it is an average for all individuals who hold this position. 

The average starting salary for supply chain management in this position varies from state to state as well and also from company to company.

Carrie Morris
Author

Warren Dahl
Editor-in-Chief

10 Fastest Online Supply Chain Management Bachelor’s Degrees for 2020

supply chain degree online

For working adults looking to increase their career options with an online bachelor’s completion program, an accelerated supply chain management degree may be the quickest, most convenient option. The decision to pursue an accelerated supply chain management degree program may raise concerns about your ability to keep up with the course materials. By clarifying the benefits of an accelerated logistics degree program, you are able to determine if it is a good fit for your goals. 

The primary benefit of an accelerated program is the speed of the program. It saves time for students who are planning to advance in their careers at a fast pace. Students can finish a degree and move forward with their plans without wasting time. In some cases, an accelerated program in supply chain management is also a better choice for a student’s learning style. Since the programs are provided at a faster pace, it helps students who may struggle with boredom or related challenges in a traditional class environment. Students are able to face a challenge in their studies.

Methodology: Ranking the Best Accelerated Supply Chain Management Degree Programs

Obviously, for busy working adults looking for an accelerated supply chain management program speed is a crucial consideration. However, fast doesn’t mean good. That’s why Great Business Schools editors don’t just look for the fastest online degrees. They must also be accredited and reputable, and are ranked according to factors like cost, salary expectation, and student satisfaction. 

1. California Baptist University

California Baptist University offers a BA in Business Administration with a concentration in logistics and operations. This accelerated logistics degree takes an average of 16 months to complete. The program is designed for students who want to learn about transportation of goods, allocating materials, and how to solve today’s complex business challenges, especially those related to logistics. Students also strengthen their communication and problem-solving skills.

California Baptist University is one of the leading Christian colleges in Southern California. The school strives to help students find their God-given purpose and fulfill it. Students receive a Christ-centered education that integrates spiritual development with academic achievement. CBU Online focuses on making education accessible by providing online courses to working adults. There are over 40 programs that can be completed 100% online.

Highlight Graduates are qualified to work as cost estimators, claims adjusters, budget analysts, appraisers, warehouse managers, and logisticians.
Degree BABA in Logisics and Operations

Format: Online – 16 months

2. Florida State College at Jacksonville

Florida State College has an accelerated logistics degree that takes 20 months to complete. The Bachelor of Applied Science in Logistics teaches students about strategic transportation, global operations, and supply chain management. Graduates are prepared for jobs such as logistician, logistics coordinator, distribution manager, warehouse manager, transportation manager, and operations manager. Students also gain analytic and critical thinking skills.

Florida State College at Jacksonville is one of the leading schools in Florida. The school values each of its students for being unique and talented, whether they are attending straight out of high school or changing careers after many years in the field. FSCJ hires exceptional faculty members who care about their students and want to help them succeed. The school uses innovative teaching methods to achieve academic excellence. FSCJ has students from more than 150 countries around the world.

Highlight FSCJ prides itself on being affordable. It holds top rankings for its affordable online degrees.
Degree BAS in Logistics

Format: Online – 20 months

3. DeSales University

Students looking for an accelerated supply chain management degree should check out the BS in Supply Chain Management from DeSales University. The program is offered online, and there is an accelerated option available. Students learn how products move from one point to the next, all the way from product design to final delivery. Because every company that manufactures products needs to move them efficiently, careers in supply chain management are in demand.

There is a positive energy at DeSales that sets it apart from the competition. The school boasts accomplished faculty, state of the art labs, and a welcoming atmosphere. There is a belief that small actions lead to big results, and every single student is important. There’s something magical about being in a place where people care about you and your success.

Highlight Students can work with the Career Development Center to find an internship that will allow them to gain practical experience while earning their degrees.
Degree BS in Supply Chain Management

Format: Online – accelerated option available

4. Colorado Tech University

Another good choice for students who want to pursue an accelerated supply chain management degree is the BSBA with a concentration in Logistics and Supply Chain Management from Colorado Tech University. The program focuses on getting products from one place to another. Students learn to design efficient supply chains and keep them running effectively. Studies include supplier management, procurement, inventory control, and distribution management.

Colorado Tech University is dedicated to innovation and diversity. The school offers flexibility to make education accessible to everyone and embraces the use of new technology to enhance education. The school offers freedom of choice, interactivity, and connectivity. CTU understands the importance of mentoring relationships, and its faculty, staff, and student advisors provide the support each student needs to succeed in school and beyond.

Highlight Students can take Fast Track™ exams to earn credit for what they already know.
Degree BSBA in Logistics and Supply Chain Management

Format: Online – Fast Track option

5. American Public University

American Public University offers an online BA in Supply Chain Management. The program covers acquisitions management, transportation, reverse logistics, warehouse management, order management, demand management, and capacity planning. Students improve their critical thinking and problem-solving skills over the course of the program. Graduates will be able to identify and implement best practices in supply chain management.

American Public University offers 8- and 16-week classes for easier scheduling. The school caters to older students, with the average age being 32. More than 85% of the student body is comprised of working adults. About 80% of the school’s students are in the military or veterans of the military. Classes start monthly, and they are asynchronous, which means you can log in anytime to do your schoolwork with no set class or lecture times. 95% of students would recommend American Public University to their friends.

Highlight Students can transfer up to 90 credits.
Degree BA in Supply Chain Management

Format: Online – transfer 90 credits

6. Colorado Christian University

The College of Business at Clayton State University offers an online BBA in Supply Chain Management. The degree prepares students for careers in the areas of logistics and supply chain management. Graduates often find work as logistics managers for companies such as Coca Cola, Sherwin Williams, FedEx, Home Depot, AT&T, and Georgia Pacific. Students learn about logistics, transportation, operations, global sourcing, and warehouse management.

Clayton State University offers small class sizes, which enable faculty members to provide individualized attention to each student. The school’s mission is to provide experiences that empower students and enhance their critical thinking skills. Clayton encourages diversity and inclusivity, and focuses on helping students achieve their dreams, whatever they may be. The school has been designated a Community Engaged University by the Carnegie Foundation, and US News & World Report ranked Clayton the #7 public school in the South in 2015.

Highlight Students must complete a culminating capstone project to graduate.
Degree BS in Logistics and Supply Chain Management

Format: Online – transfer 90 credits

7. Southern New Hampshire University

Southern New Hampshire University offers a BS in Operations Management with a concentration in Logistics and Transportation. The program teaches students how products move through the supply chain, from storing supplies to finished goods. Students learn how to store and warehouse products and how to integrate suppliers into the supply chain. Graduates can manage a supply chain to deliver products to customers right on time.

Southern New Hampshire University is both convenient and affordable. Students can attend classes online on their own schedules. The classes are eight weeks long, and there are six start dates every year. At SNHU, students learn from professors who have first-hand experience in their fields. There are career advisors and academic advisors available to provide students with the support they need to navigate their educational journeys.

Highlight SNHU claims to have one of the most affordable tuition rates in the country.
Degree BS in Operations Management

Format: Online – transfer 90 credits

8. Arizona State University

Arizona State University offers an online BS in Supply Chain Management. The program includes every area of supply chain management, including operations, logistics, and purchasing. Students learn how to transport materials and products from one location to another and make sure they get where they are going on time. The program includes strategy development, procurement, planning, negotiations, logistics, and execution systems.

The W.P. Carey School of Business at Arizona State University has an enrollment of more than 15,000, which makes it one of the largest business schools in the nation. The school encourages diversity and believes that a global outlook is necessary to solve the problems facing the planet. The School of Business strives to create global change by producing business leaders who will use their entrepreneurial skills to create a better future for the world.

Highlight ASU is the #1 choice for international students attending a US college or university.
Degree BS in Supply Chain Management

Format: Online – unlimited transfer

9. Grand Canyon University

Grand Canyon University offers a BS in Supply Chain and Logistics Management online. The program teaches business skills such as entrepreneurialism, innovation, and servant leadership. Students learn about enterprise optimization, business process management, and lean operations as well as logistics and procurement. Graduates can analyze and implement logistics and supply chain strategies.

Grand Canyon University is the leading Christian post-secondary school in the state of Arizona. The school is committed to providing students with a Christian worldview. The school is growing quickly, both in the number of students served and the number of online offerings. GCU is continuously improving its online platforms to enhance the quality of education being provided. The school is committed to excellence and seeks to help its students become responsible leaders, effective communicators, and strong critical thinkers.

Highlight Graduates are qualified to work in operations research analysis, product inventory, customer service management, and supply chain management.
Degree BS in Supply Chain Management

Format: Online – transfer 90 credits

10. Grantham University

Grantham University offers an online Logistics and Supply Chain Management BBA concentration. The program prepares students for careers in supply chain management, transportation, and logistics. Students learn how to get products from one place to another efficiently without sacrificing quality. The program includes training on the most up-to-date software and other tools used in logistics management.

At Grantham University, everything revolves around the students. The school strives to remove obstacles to education and provide the best possible education. Its online programs are designed for working professionals and are both affordable and flexible. Students who are in the military or first responders and their families receive reduced tuition rates. Grantham has a culture of service and encourages staff and student to volunteer and donate as a part of the Grantham Gives Back program, which is held twice per year.

Highlight The logistics and supply chain management program helps students prepare for Association for Supply Chain Management certification.
Degree BBA in Logistics and Supply Chain Management

Format: Online – 38 months for full degree

What if I Don’t Want a Full Degree? 

When you are looking into your career options, you may discover that you have alternatives to a traditional degree program when working in supply chain management. A certificate in supply chain management and logistics may offer an alternative solution if you do not have the time to pursue a full degree or you do not want to move forward with a full degree.

Supply chain management certificates give students the training they need to keep up with a complicated and growing industry. It teaches students the valuable skills they can apply to their careers, but it does not require the same commitment in relation to your time. A certificate in logistics and supply chain management may also open doors for professional connections. Accredited supply chain management courses may involve discussions with working professionals in the industry. It may also allow students to network with others in the industry through college programs and similar tools.

It is not necessary to get a full degree when you are unsure about an industry or do not have the time for the program. Professional certificates may offer a solution that gives you the experience and connections you need without the same commitment to a comprehensive degree program.

Will I Make More Money with a Supply Chain Certification?

Certifications in supply chain management offer an opportunity to advance in your career. The challenge is determining when a supply chain manager certification is a good choice for your personal situation and plans. 

As a general rule, a certification in logistics and supply chain management may offer opportunities for a promotion or advancement in your career. If you pursue a certification in supply chain management online, then you want to make sure that it is through an accredited program. Online supply chain management certification may vary based on the type of certification you pursue, so clarifying the accreditation of the program is a critical part of evaluating your salary potential.

When it comes to supply chain management certification salary potential, you should be aware that many details will impact the actual outcome in your career. Supply chain management and logistics certification programs may allow you to increase your salary through a promotion or a change to your career. Keep in mind that supply chain management certification online programs may offer a flexible solution if you have limited time to work on the program and want to obtain certification to improve your opportunities for a career.

How Much Can I Make in Logistics and Supply Chain Management? 

Logistics and supply chain management salary is variable based on your level of education, your location, and the specific company. While many factors may impact your logistic and supply chain management salary potential, you can expect a reasonable return on your investment in your education. 

The average supply chain management and logistics salary is around $62,000 per year. As you gain experience in your field, you can expect supply chain and operations management salary potential to increase over time. Operations and supply chain management salary may start at a lower rate than the average; however, as you gain experience and move into leadership positions, you can expect your salary to increase to an average of roughly $111,000 per year. 

Supply chain managers make between $98,000 and $128,000 per year based on their experience, location, and education level. As you move into leadership positions within a company, you can expect your salary to rise to meet the standards of the company for management roles. Specific roles within the company may impact your compensation and salary. If you are not sure about the salary potential for a specific role within supply chain management and operations, you should evaluate the position and its requirements for your experience level as well as an offer from the company to determine if it is reasonable. Keep in mind that professionals with a higher level of education may have more opportunities for promotions or may have higher starting salaries.

Carrie Morris
Author

Warren Dahl
Editor-in-Chief

15 Best Online Supply Chain Management Bachelor’s Degrees for 2020

online supply chain management

For working adults in some part of the supply chain, an online bachelor’s completion program in supply chain management makes a major difference. The best online supply chain management degrees position the individual to advance in his or her career. Completing a supply chain management online degree is easy and convenient. Since courses are available through a virtual campus, the student schedules classwork at convenient times. This allows the professional to continue working his or her daytime job. Online degrees in supply chain management are available on a part-time or full-time basis. 

Depending on how many courses are taken per semester, graduation requirements for the supply chain management online degree may be done in as quickly as a year. During this period, the enrollee continues to meet his or her family and work obligations. Attending school full-time in person is expensive and often requires a reduction in work hours. Online supply chain management degrees cost less due to no income interruption and no costs associated with commuting.

Methodology: Ranking the Best Online Supply Chain Management Programs 

To rank the best online supply chain management degrees, Great Business Schools editors rounded up trusted, accredited schools that are known for their service to working adults. Furthermore, programs are ranked according to practical factors that matter to working professionals: tuition cost, student reviews, and alumni salary, with data from Niche, IPEDS, and College Scorecard. 

1. University of Massachusetts – Amherst

UMass offers a BBA in Operations and Information Management. This program gets students ready to know the business world inside and out. It emphasizes data and how to use it effectively, but students also learn other relevant skills such as supply and demand, supply chain management, logistics, and much more. Students get a holistic and well-rounded degree approach, which is what makes the University of Massachusetts one of the best online logistics degree options. 

UMass Amherst is a vibrant and challenging school that excels with its business classes. It’s part of the broader University of Massachusetts system, which means that it looks great on a resume and provides the kind of academic resources that one would expect from a major university. This school’s online programs perform well, and online students receive an education with just as much quality and support as on-campus students. 

Highlight The US News and World Report ranked UMass Amherst as one of the best colleges in the nation. 
Degree BBA in Operations and Information Management

2. Illinois Institute of Technology

The Illinois Institute of Technology has an online BAC in Supply Chain Management. This program provides a deep and focused look at how supply chains work. Students learn the details of supply chains, including logistics, inventory management, warehousing, and similar topics. While learning these topics, students also gain leadership and organizational skills that will serve them well on the job. This program is one of the best online supply chain management programs for those who want a specific focus. 

As a tech school, the Illinois Institute of Technology focuses on business, science, logistics, and similar high-demand subjects. This school prepares students to meet the most pressing needs of today. Classes here foster a sense of curiosty and a focus on problem solving. Because it only focuses on technical subjects, Illinois Tech provides some of the best resources for learning these subjects. It makes a great choice for those who want to go into science, business, or engineering. 

Highlight The Illinois Institute of Technology is the only tech school in Chicago. 
Degree BAC in Supply Chain Management

3. University of Alabama at Birmingham

The University of Alabama at Birmingham’s online BS in Industrial Distribution prepares students to fulfill certain leadership roles in business. Graduates from this program work in major corporations and manage large supply chains. In this degree, students learn skills specific to the industrial distribution world. This program combines business and engineering knowledge, providing a unique pathway into industrial distribution. For many, it’s one of the best online supply chain management programs available. 

UAB is dedicated to helping students forge their own futures in innovative, ethical ways. This school values excellence in education, providing both challenge and flexibility for all kinds of learners. As students develop their career skills, they also sharpen their curiosity to become lifelong learners. This school provides a socially-conscious education that helps students make a difference in the world. 

Highlight UAB ranked #1 two years in a row for the Times Higher Education university rankings. 
Degree BS in Industrial Distribution

4. Embry-Riddle Aeronautical University

Embry-Riddle Worldwide’s online BS in Logistics and Supply Chain Management instills the skills that students need to manage even the most complex issues that face the logistics and supply chain industry. Students learn how to serve all sorts of different businesses, particularly the businesses that have the most need for supply chain management today. The program teaches the nuts and bolts of supply chain management, including tech and organizational structures. With its especially technical focus, Embry-Riddle is one of the best online logistics degree choices. 

Embry-Riddle Aeronautical University is a technical college with an emphasis on innovation. This shool prepares students to work in high-demand tech careers. The online programs thrive because this school is used to working with cutting-edge formats, meaning that students recieve some of the best resources in education. Many Embry-Riddle students take the online route for this reason. 

Highlight Embry-Riddle has ranked among the top 5 online Bachelor’s programs for the seventh year in a row. 
Degree BS in Logistics and Supply Chain Management

5. CSU Global

CSU Global offers an online Operations Management and Supervision undergraduate specialization that pairs well with degree programs offered at CSU Global, including the B.S. in Project Management, B.S. in Business Management, and B.S. in Organizational Leadership. In this specialization, students get ready to lead and oversee complex logistical systems. The specialization takes an analytical approach and helps students find the skills that they need to handle complicated projects. Students also learn how to envision solutions to common problems and to implement more efficient systems for businesses. It has a multi-dimensional approach to education that makes it one of the best online supply chain management programs.

CSU Global is the online distance learning campus of Colorado State University system, established in 2007. The school was created to reach adult working and non-traditional learners who could not attend on-campus programs. CSU Global serves more than 18.900 online students studying for the many baccalaureate degree programs offered online.

Highlight One year after graduation, CSU Global graduates earn more than the average salary for their fields. 
Degree Operations Management and Supervision Undergraduate Specialization (Must be paired with a Bachelor’s Degree program)

6. Oregon Institute of Technology

Oregon Tech’s online BS in Operations Management provides a complex approach for a complex job. It covers multiple angles while it teaches students management skills, types of business operation, and how to make systems more efficient and effective. Outside the box thinkers tend to do well in this program. It’s challenging, encourages problems solving, and uses small classes for a personalized approach to learning. Teachers in this program have real-world experience to match their knowledge, which is why Oregon Tech is one of the best online logistics degree paths in the US. 

Oregon Tech provides an innovative, forward-thinking education for those who want to go into technical careers. This school prepares students to take on some of the most on-demand jobs today. It uses up to date technology and cutting edge teaching methods to get students ready to meet their goals. All of this school’s programs combine theory and practicality with a perfect balance. This way, students get the knowledge they’ll need for today while learning the adaptability they’ll need for tomorrow. 

Highlight Oregon Tech graduates have an average starting salary of $60,000 per year. 
Degree BS in Operations Management

7. Oregon State University

Oregon State offers an online BSBA in Supply Chain and Logistics Management. In this program, students learn how to handle supply chains and transportation for the government, private businesses, and nonprofit organizations. The program teaches the broader concepts of supply chain management and instills the practical skills that students will need to apply those concepts to their real-world careers. 

Oregon State teaches students how to make ethical and sustainable decisions as leaders. This is especially true within the business school. As Oregon’s largest university, Oregon State provides as many academic resources as any student could need. Here, students learn how to face challenges with determination and the skills they’ll need to overcome them. With a great online campus, students also get the flexibility that they need to manage their own careers while advancing their skills. 

Highlight Students in Oregon State’s program are empowered to make the best decisions from a legal, ethical, and efficiency standpoint, which, for many, makes this program one of the best online supply chain management programs. 
Degree BSBA in Supply Chain and Logistics Management

8. Golden Gate University

Golden Gate University’s online BSB in Operations and Supply Chain Management instills the skills that students need to handle real-world businesses. This program prepares students to graduate and then jump into the job market right away. When they do graduate, students have a relevant skill set that will make them a boon to any potential new employer. More than 80 percent of GGU teachers are working business professionals, which means that students get the most up to date and practical knowledge. As a result, GGU is one of the best logistics degree choices for students. 

Golden Gate University is dedicated exclusively to adult education. As a result, adult learners know that their needs will be met during their time at school. Programs are designed with all of the flexibility that adults need to get a great education and to keep balance in their lives at the same time. This school is also uniquely affordable, and it has generous financial aid programs. 

Highlight GGU’s online program has a 98% satisfaction rate. 
Degree BSB – Operations and Supply Chain Management

9. Ball State University

Ball State University’s BS in Logistics and Supply Chain Management gets students ready for exciting careers. Businesses of all sizes have to deal with complex logistical issues, and this program prepares students to handle those issues with skill and confidence. This program is designed both for those who already have a suply chain career and for those who are entering from a different field. This level of flexibility is part of the reason why Ball state is among the best online logistics degree choices. 

Ball State University shows passionate students how to turn those passions into step by step plans. This university emphasizes skill development so that students can reach their goals effectively. At Ball State, students learn how to become leaders in their field, with the skills and confidence that they’ll need to succeed after graduation. At Ball State, students become lifelong learners with a spark of curiosty that will serve them in their careers and beyond. 

Highlight Ball State has the lowest tuition (2019-2020) in its conference. 
Degree BS in Logistics and Supply Chain Management

10. Northern Arizona University

Northern Arizona University offers a BAS in Logistics and Supply Chain Management. This program helps students expand not only their business knowledge but also the non-academic skills that create effective business leaders. Students learn a complex array of subjects that they can apply to contemporary businesses. They grow to understand how to make logistical systems more effective and efficient. As a result, Northern Arizona is one of the best online supply chain management programs to choose from in the US. 

Northern Arizona is the #1 online degree program for working adults. This school enables students to see their professional possibilities and turn those possibilities into realities. Students make connections with each other and with the business world, so they have valuable contacts by the time that they graduate. Northern Arizona offers a complex education with traditions that inform its contemporary approach. 

Highlight Military Times has named NAU’s business school one of the top military friendly universities in the US. 
Degree BAS in Logistics and Supply Chain Management

11. Portland State University

Portland State University’s Supply and Logistics Management program helps students get career ready before they graduate. This program prepares students for a field that makes a difference around the world. With such as big impact, this field needs managers who can take on complex problems, find creative solutions, and juggle multiple tasks at the same time. Portland State helps students become the leaders that this industry needs. As a result, many count this school among the best online logistics degree options in the US. 

Portland State is an innovative and supportive school that helps students develop the most relevant career skills of today. As one of the nation’s most affordable public research schools, it’s a top choice for many students across the country. Faculty here produce groundbreaking research, so students get to witness the cutting edge of global change. Portland State’s many online programs also provide quality education with complete flexibility. 

Highlight Portland State is the most diverse public university in Oregon. 
Degree Supply and Logistics Management

12. University of Denver

The University of Denver offers a BA in Global Commerce and Transportation. Unlike other supply chain degrees, this one focuses specifically on the transportation side of the business. Students learn the most effective ways to get goods to their destinations. Students study transporation from the perspective of law, ethics, efficiency, and economics. For those who want to study transportation and who want a multi-angled approach to the degree, the University of Denver is one of the best online supply chain management programs. 

The University of Denver is uniquely career-focused, teaching the skills that students need for advancement in their fields. This university has thriving programs for working adults, making it simpler for adults to balance their education with their current work and family obligations. Non-traditional students here know that they’re getting a quality education that will benefit their careers in the future. 

Highlight The University of Denver offers courses that were specifically designed for adults ages 50 and up. 
Degree BA in Global Commerce and Transportation

13. Southern Wesleyan University

Southern Wesleyan University’s BSBA in Supply Chain Management gives students the skills that they’ll need to become more employable and competitive in the business world. This program combines theory and practice for a well-rounded approach to education. Students enhance their problem-solving skills and get a real-world look at how businesses manage their supply chains. For many students, Southern Wesleyan University is one of the best online logistics degree options available today. 

Southern Wesleyan University is a Christian school that emphasizes faith in education. All classes, including the business courses, are taught from a Christian viewpoint, which works well for Christian students who want to deepen their faith as they enhance their careers. This school provides challenging academics, and it has a thriving liberal arts core program that give students a broad base of knowledge. 

Highlight EdSmart has ranked Southern Wesleyan as one of the best online colleges in South Carolina. 
Degree BSBA in Supply Chain Management

14. Kennesaw State University

Kennesaw State University’s online BAS in Supply Chain Logistics prepares students for a wide range of business career possibilities. Keep in mind that this program was specifically designed for students who have complete an Associate’s degree from a regionally-accredite technical college. For students who fit the criteria, Kennesaw State make a great choice. This program provides advanced knowledge of logistics, supply chains, quality assurance, and other relevant career information. As a result, it’s one of the best online supply chain management programs that students can choose from. 

Kennesaw State University is committed to preparing students for the future. It has an innovative approach to education that gets students ready to move forward in their career fields. As one of the largest public schools in the country, Kennesaw State has no shortage of support or academic resources to help its students succeed. 

Highlight Value Colleges ranked Kennesaw State’s online Operations Management degree as one of the most affordable in the country. 
Degree BAS in Supply Chain Logistics

15. University of St Francis

The University of St Francis BSBA in Supply Chain Management is a degree completion program designed for adults. This program helps business-focused adults develop leadership skills and organizational skills to manage a supply chain from beginning to end. Supply chain managers face a lot of challenges in the field, and this program helps students face those challenges with skill and confidence. As a result, many adults consider it one of the best online logistics degree choices available to them. 

The University of St Francis is a private school that holds to Catholic traditions in education. Students learn how to think on a deep level and consider how their educations might benefit not just themselves, but the world around them. Students who want to learn how to use their skills to serve others thrive at St Francis. This school provides a challenging and rewarding education. 

Highlight Several organizations have recognized the University of St Francis for its excellent ROI. 
Degree BSBA in Supply Chain Management

What Can I Do with a Supply Chain Management Degree?

Common questions of prospective students are: What is a supply chain management degree? What can I do with a supply chain management degree? Supply chain management degrees teach about the logistics and the financial decisions that go into managing inventory. During courses, the individual learns how to best manage a company’s resources. Resources can be procured through multiple avenues on a national and global level. The key goal of supply chain management positions will be to reduce the cost of resources as a way to improve the customer experience.

Supply chain management degrees online prepare the individual for the challenges of inventory control. During courses for online degrees in supply chain management, the student learns about logistics, inventory loss, quality assurance, packaging and distribution, warehouse options, shipping and receiving, and procurement. The graduate-level program is ideal for those who are already involved in the supply chain industry. Supply chain leadership positions are in-demand, which promises a high return on investment for supply chain management degree holders.

Supply chain management degrees prepares the person to work in a high-level position within a supply chain. Jobs typically pay upwards of $75,000 per year. As an example, purchasing managers make an average of $115,000 per year and typically have an educational background in supply chain management. The purchasing manager oversees all purchasing agents and handles contracts with suppliers.  Supply chain managers make a similar income as purchasing managers, but is responsible for overseeing supply chain processes from start to finish. The manager aims to improve customer experience by lowering costs without impacting quality. Logisticians and logistic managers may also choose to secure a supply chain management degree in preparation of their positions. Logistics involves managing the purchasing, storing, and distribution for a company.

How Do I Get a Job in Logistics and Supply Chain Management?

Logistics and supply chain management jobs are available around the globe. Any type of retail business requires personnel to handle their supply chain and logistic needs. Jobs in supply chain management and logistics are offered to candidates with the educational background in the field. A graduate-level degree gives the prospective hire preference over other apply for the position. Certain companies may also request certifications before hiring the candidate.  As examples, the Institute of Supply Management and the Council of Supply Chain Management Professionals all offer certification options for those in the industry. However, the certifications are not always a must for a person to be hired.

Supply chain and logistics management jobs are available at companies large and small. Entry-level jobs in supply chain management and logistics are easy to secure at smaller companies and local businesses. Large corporations such as Amazon, Wal-Mart, and Target may sound appealing for supply chain and logistics management jobs, but smaller companies are likely to have more openings and still promise a competitive salary package. To apply for any job opening, the individual should highlight past supply chain experience on his or her resume and any advanced degrees in the field. Job boards and networking events present opportunities to get positions in the field.

Is there a Lot of Demand for Supply Chain Managers?

The supply chain management jobs outlook for the next ten years is unprecedented. Operations and supply management jobs are expected to increase by as much as 26 percent. The concern with the amount of open jobs in operations and supply chain management is that customers will suffer. Performance of supply chains are expected to decrease due to a lack of capable personnel to fill the positions. The demand for operation and supply chain management jobs is linked to several key factors. For one, there has been a marked spike in the number of supply chain managers who have entered retirement age. Also, technology has changed in the field with many current personnel lacking the hard skills to complete tasks. Operation and supply chain management jobs now require the individual to feel comfortable working with robotics, software, big data, and machine analytics.

Carrie Morris
Author

Warren Dahl
Editor-in-Chief

25 Best Supply Chain Management Bachelor’s Degrees for 2020

supply management programs

It’s not the most exciting-sounding major – supply chain management – but for students who want a long, rewarding career that is always adapting and developing, a bachelor’s in supply chain management is a good place to start. People who earn degrees in supply chain management benefit from a degree that’ll be beneficial for years to come. Supply chains have remained a part of the economy for years. Many of the potential jobs are expected to grow from 2018 until 2028, as noted by the Bureau of Labor Statistics (BLS). 

There are plenty of job options with supply chain management degrees. Therefore, a person has choices. With more than one job option, a supply chain management degree can offer job security for an individual. This also means less competition for people who have degrees in supply chain management. Supply chain management degrees give people the option to either work for themselves or a business. Plus, with a supply chain management degree, a person can take on a role that earns a lucrative salary. 

Methodology: Ranking the Best Supply Chain Management Programs

As a crucial part of modern business, Great Business Schools takes supply chain management seriously as a career. That’s why our ranking of the best supply chain management degree programs focuses on respected, accredited colleges and universities known for their commitment to student success. Programs are ranked by Cost, Reputation, and Salary Potential, with data from U.S. News, Niche, and IPEDS. 

1. Lehigh University

Students who are looking for the best supply chain management programs will want to consider the BS in Supply Chain Management from Lehigh University. The degree program teaches students the logistics and operations skills they need to work in supply chain management roles in a modern environment. It ensures that students have the skills to handle technology associated with a supply chain and provides students with the opportunity to advance into a leadership position.

Lehigh University emphasizes experiential learning as part of the bachelor’s degree program. It encourages students to consider internships and other methods of gaining experience while they are working on an undergraduate degree. By focusing on hands-on training and experience, it allows students to start building up their skills before they move forward with a plan for a career.

Highlight Lehigh University offers scholarships and assistance to students based on their financial needs and situation.
Degree BS in Supply Chain Management

2. University of Washington

The University of Washington offers one of the best supply chain management degree programs for students who want to work in a logistical field. It ensures that students have the skills to handle a company’s operations and the process of keeping up with modern supply chain concerns. It also prepares students to use information systems and quantitative methods to enhance supply chain management. The BABA in Operations and Supply Chain Management degree program helps students prepare for a career in a changing and complex industry.

The University of Washington at Seattle stands apart by emphasizing business studies as part of the logistical studies in the program. Students are expected to learn about the fundamental skills that business professionals need to ensure customer satisfaction. By emphasizing business as part of the degree program, students are able to develop effective leadership skills before working in a management role.

Highlight The University of Washington at Seattle offers career coaching for students that allows them to learn useful skills to start working in a career.
Degree BABA in Operations and Supply Chain Management

3. Purdue University

The BS in Supply Chain Information and Analytics from Purdue University is one of the best programs for students who want to work in operations management or supply chain management positions. The degree program teaches students the problem-solving skills they need to keep up with a modern supply chain industry. It ensures that students are aware of the challenges associated with modern e-business as well as more traditional supply chain challenges so that they can resolve concerns when addressing the supply of products to customers or stores.

Purdue University stands apart from other programs by focusing on a data-driven education in students. Since it focuses on data as part of the education process, it ensures that students are up-to-date with modern tools and have the knowledge to read the research and raw data to correct problems or to address risks before it results in major complications for the company.

Highlight Purdue University offers a variety of minors that can enhance a student’s skills in business-related fields to improve their options for a career.
Degree BS in Supply Chain Information and Analytics

4. University of Illinois at Urbana – Champaign

The University of Illinois at Urbana-Champaign offers a BS in Supply Chain Management that helps students accomplish their goals when working in business operations. The degree program teaches students the practical skills they need to address problems within a company and ensure proper logistical measures are taken to avoid long-term problems for the company. It also encourages creativity among students to help with modern technology, innovation, and complications that may arise in supply chain management.

The University of Illinois at Urbana-Champaign differs from other schools by helping students make positive connections with alumni or other professionals who may assist with their career goals. It focuses on the needs of students and gives them the tools to handle their career objectives. It also ensures that students are prepared to work in a variety of companies and industries as a leader in logistics, operations, or supply chain roles.

Highlight The University of Illinois at Urbana-Champaign is the 17th best college in the nation for supply chain management degrees according to U.S. News and World Reports.
Degree BS in Supply Chain Management

5. Texas A&M University

Texas A&M University offers one of the best supply chain management programs for students who want to work in a company’s logistics and operations departments. The BBA in Supply Chain Management emphasizes sustainability in supply chain management and teaches students to develop efficient solutions for businesses to provide products to their customers. 

Texas A&M University at College Station works with skilled professionals to ensure that the faculty have the hands-on experience to help students with their goals. The teachers at the college have the ability to provide first-hand accounts of the challenges they have faced in their careers. They teach students from their experience to ensure that students have the ability to evaluate different problems and work on creative solutions.

Highlight Texas A&M University at College Station offers a variety of scholarships to undergraduate students that may assist with the cost of a degree.
Degree BBA in Supply Chain Management

6. North Carolina State University

The BSBA in Supply Chain Management from North Carolina State University provides students with the fundamental skills they need to work as a leader in supply chain management. The degree program teaches students the logistical skills they need to address problems when working on a supply chain. It also provides the skills students need to lead others in a business environment.

North Carolina State University gives students a strong foundation in business administration as part of the supply chain management degree program. Students are expected to learn the basic skills they need for businesses before focusing on a concentration in a specialized area of business. That ensures that students are able to address different concerns while communicating effectively with peers in different areas of a company.

Highlight North Carolina State University students are expected to complete an undergraduate practicum to gain experience before graduating with an undergraduate degree.
Degree BSBA in Supply Chain Management

7. University of Maryland – College Park

The University of Maryland offers one of the best supply chain management degree programs for students who want to work in logistics and operations. The BS in Supply Chain Management emphasizes effective teamwork and recognizes that the supply chain operations of a company routinely work with other departments to accomplish important tasks in a global work environment.

The University of Maryland at College Park provides students with the fundamental skills they need to work in a fast-paced environment. It prepares students for the challenges of their careers and emphasizes the use of technology and applications to improve efficiency within the company. That focus on efficiency and state-of-the-art tools ensures that students are ready to develop creative solutions to address problems in their careers.

Highlight The University of Maryland at College Park offers a plus 1 program for students who want to continue into a master’s degree program.
Degree BS in Supply Chain Management

8. Rutgers University

Rutgers University offers a Supply Chain Management degree program at the undergraduate level that prepares students for the rigors of working in a modern environment. It recognizes the growing interest in technology and modern tools in supply chain management and it prepares students to work with different tools or technology to improve their skills in the workplace. The emphasis on using modern solutions to enhance performance along the entire supply chain helps students find innovative ways to address problems that may arise in their careers.

Rutgers University emphasizes comprehensive skills and knowledge as part of the undergraduate degree in supply chain management. Students are expected to learn about business and operations as a whole before focusing on more specialized skills within the supply chain. That helps students gain a full understanding of what to expect when working with different companies and goals. It also ensures that students know the value of teamwork and have the skills to work with other professionals in their fields.

Highlight Rutgers University encourages students in the supply chain management program to seek out internships or co-ops during their junior year of study.
Degree Supply Chain Management

9. Michigan State University

The BA in Supply Chain Management from Michigan State University prepares students for the challenges they will face when working in supply chain management roles. The degree program teaches students the basic logistical and operations skills they need to address problems in the modern work environment. It also gives students the fundamental leadership skills they need to advance in their careers and work at a high level within the company.

Michigan State University stands out by taking an integrated approach to the degree program. It ensures that students are prepared for the careers and options that relate to their studies. By teaching students leadership skills as well as basic skills associated with analytical work, supervisory roles, and management positions, it gives students a strong foundation that allows them to work in a variety of industries and careers.

Highlight Michigan State University is the number one program in the nation for Supply Chain Management according to U.S. News and World Reports.
Degree BA in Supply Chain Management

10. Indiana University – Bloomington

Indiana University offers a BSB in Operations and Supply Chain Management that prepares a student for a logistical role in a company or business. It ensures that students have the relevant skills to handle challenges along the supply chain and can work with other departments within a company to improve long-term goals. the degree program gives students the fundamental skills they need to work in a leadership position in a business.

Indiana University in Bloomington stands out from other programs by encouraging students to learn supply chain management and operations management as they interconnect within a business. It does not only focus on the logistical details associated with the supply chain. It also teaches students the relevant operations skills they need to take on challenging leadership roles within a company.

Highlight Indiana University in Bloomington allows students to study abroad while they are working on a supply chain management degree program.
Degree BSB – Operations and Supply Chain Management

11. University of Texas at Dallas

The University of Texas at Dallas offers a BS in Supply Chain Management that helps students prepare for a career in operations and logistics. The degree program focuses on developing diverse skill sets that students can apply to a variety of careers and situations. By emphasizing versatility, the degree program helps students accomplish their career goals and find creative solutions when problems arise in their jobs.

The University of Texas at Dallas emphasizes sustainability as it applies to businesses and corporations. It ensures that students are aware of the ethics involved in supply chain management and have the skills to improve efficiency and sustainability when working to move company products to different locations. It encourages students to focus on innovation within sustainability when taking on leadership roles.

Highlight The University of Texas at Dallas is one of the top 25 schools in the nation for its Supply Chain Management degree program.
Degree BS in Supply Chain Management

12. Pennsylvania State University

The BS in Supply Chain and Information Systems from Pennsylvania State University recognizes the importance of technology in modern businesses. It teaches students to use technology to enhance and improve the supply chain of a company, as well as to recognize potential problems that may arise. It also teaches students the skills they need to develop or maintain an efficient supply chain from the process of obtaining raw materials to the shipment of final products to customers.

Pennsylvania State University takes a comprehensive approach to supply chain management. The degree program teaches students the importance of technology and information systems as it applies to the supply chain. The focused emphasis of the program helps students develop useful skills that keep up with modern tools in business operations.

Highlight Pennsylvania State University is AACSB-accredited for its supply chain management degree program.
Degree BS in Supply Chain and Information Systems

13. University of Arkansas

The Supply Chain Management degree program at the University of Arkansas prepares students for the specialized skills they need when working in a business supply chain position. The degree program offers seven minors in different fields of business to emphasize and specialize in supply chain management. Students can enhance their skills in economics, finance, retail, and other fields to provide a strong foundation in specific areas of business.

The University of Arkansas stands out by focusing on practical and specialized skills. It emphasizes the use of practical skills in supply chain management and encourages students to improve their abilities when working in a company. It also gives students additional skills that may assist with communication, teamwork, and the application of theories to the supply chain.

Highlight The University of Arkansas requires undergraduate students to complete an internship as part of the degree program.
Degree Supply Chain Management – 7 minors

14. University of Nebraska-Lincoln

The University of Nebraska in Lincoln offers a BSBA in Supply Chain Management. Getting a product from the supplier to the customer is a complex process that takes a lot of skill, particularly with leadership and organization. UNLU helps passionate students develop that skill. Students learn everything it takes to get their supplies from point A to point B, and they develop problem soliving skills that help them make the best decisions at each point in the process. UNLU provides a comprehensive education that starts with core skills and then adds more specialized knowledge. This process makes it one of the best supply chain management programs available. 

UNLU is a research university that thrives in the areas of science and business. This school values innovation and creativity, providing students with the contemporary skills that they need for success in today’s in-demand jobs. It consitently earns high rankings among other public research universities. The university prides itself on the impact it has on the greater Nebraska community, particularly when it comes to leadership and economics. 

Highlight UNLU is ranked as one of the top 100 safest schools in America. 
Degree BSBA in Supply Chain Management

15. University of Houston-Downtown

The University of Houston Downtown offers a BBA in Supply Chain Management. This degree empowers students to handle every step of the supply chain process. From finding goods to handling returns, supply chain management requires its managers to use a lot of skills at the same time, and this program teaches students how to strike the right balance. It also provides a core education on how supply chains impact the economy overall, and it instills leadership skills that students will need to manage large teams. For a comprehensive appraoch to learning, the University of Houston Downtown provides one of the best supply chain management degree options for future leaders. 

The University of Houston is a Tier One university that prepares students for the careers of today. This school values diversity in learning, and it helps students compete as job seekers in some of the top fields. This school is both comprehensive and innovative. Faculty members use cutting edge educational techniques, and these techniques add more relevance to the educational process. Because the University of Houston is also part of a thriving city, it naturally provides lots of resources and networking opportunities for future business professionals. 

Highlight The Princeton Review ranked the University of Houston #2 on its list of best schools for entreprenuers. 
Degree BBA in Supply Chain Management

16. University of Alabama in Huntsville

The University of Alabama’s BSBA in Supply Chain Marketing provides a well-rounded education for future business leaders. Students get a core group of classes that help them become better communicators and leaders. Then, they get specific and in-depth business training for management complex supply chains. With the supply chain concentration, students gain relevant skills that they can use to manage teams of all sizes and work in all kinds of business settings. As a result, it’s one of the best supply chain management programs that they US has to offer. 

UAH is a top research university that empowers students to succeed after graduation. As a matter of fact, students who graduate from UAH tend to earn a higher than average salary for their field. This school provides a diverse environment and a large city setting that can lead to job opportunities. UAH challenges its students and helps them reach their potential. 

Highlight UAH was recognized for providing the best ROI among Alabama colleges. 
Degree BSBA Supply Chain Marketing

17. Colorado State University

Colorado State University’s BSBA in Supply Chain Management provides an extensive education in supply chain business practices. Students learn how supply chains work in the United States and around the world. They learn how to manage supply chains at each step in the process and overcome the most common issues that supply chains face today. Not only that, but students also learn how to take on leadership roles, improving businesses’ supply chains from the inside out. Overall, many consider Colorado State’s supply chain program one of the best supply chain management degree options. 

CSU has a thriving culture of education and innovation. Students at this school come from all different backgrounds, and their education at CSU has a global impact. The campus provides an upbeat environment, which many goal-focused students enjoy. Colorado State produces research that makes a difference around the world. Many students choose this school because of its cutting-edge innovations. Plus, as a school in a large city, CSU provides opportunities for jobs, internships, and networking. 

Highlight 3 out of 4 CSU graduates are employed in a field related to their major. 
Degree BSBA in Supply Chain Management

18. Syracuse University

The Syracuse University Supply Chain Management degree recognizes that supply chain management is one of the fastest-growing careers in the US today. The program prepares students to step into these critical roles after they graduate. Because supply chain management requires a broad range of overlapping skills, this program helps students gain those skills and use them effectively on the job. By graduation, supply chain management students will know how to keep systems organized, communicate effectively, and make decisions based on supply chain predictions. This extensive and practical approach makes Syracuse on of the best supply chain management programs. 

Syracuse University is a private research school that lets students take an active role in their education. Student ideas matter at Syracuse. Learners here get to be a part of the innovation that this school provides. Syracuse has a thriving liberal arts program, giving students a solid foundation that they can use in any career. However, it also provides a deep dive into challenging majors. Students choose Syracuse as a pathway to career success. 

Highlight  U.S. News and World Report ranks Syracuse among the nation’s top universities. 
Degree Supply Chain Management

19. Middle Georgia State University

Middle Georgia State University offers a BS in Aviation with a Logistics Management concentration. This supply chain management degree focuses specifically on the airplane industry. It’s one of the few majors of its kind, so students who want to go into aviation supply should look into this school. The program teaches students how to stay on top of each part of the supply chain process. Not only does the program teach how to manage the chain from supplier to customer, it also teaches how to communicate effectively with the other people involved in the process. For an aviation-specific concentration, Middle Georgia State is perhaps the best supply chain management degree path. 

Middle Georgia State University is an innovative school that values research. It’s a highly affordable university that fosters curiosity and encourages students to make positive changes in their desired fields. This school partners with several organizations that provides students with professional learning and career opportunities. Students who take advantage of these opportunities often get a springboard into a rewarding career. 

Highlight MGSU waives out of state tuition requirements for students who live in Alabama, Florida, North Carolina, South Carolina, and Tennessee. 
Degree BS in Aviation – Logistics Management

20. University of North Carolina at Charlotte

UNC Charlotte offers a BSBA in Operations and Supply Chain Management. This designated STEM program helps students hone their analytical skills. Students learn how to use data from all angles to make positive changes to their supply chains. In addition to analytics, this program teaches the ins and outs of supply chains, showing students the most effective options for procuring supplies, creating quality products, and getting those products into the customer’s hands. This comprehensive approach makes UNC Charlotte one of the best supply chain management degree programs in the US. 

UNCC combines the best of bustling cities with the best of quiet campuses. While the campus itself provides a peaceful environment, the campus is in a large, busy city with plenty of opportunities for networking and business connections. For many students, this location provides the best of both worlds. This diverse school invites students to take part in impactful research. As part of the UNC system, it also provides challenging classes, lots of academic resources, and chances to connect. 

Highlight 90% of UNC graduates have participated in internships and research opportunities. 
Degree BSBA in Operations and Supply Chain Management

21. University of Wisconsin-Whitewater

University of Wisconsin Whitewater’s BBA in Supply Chain and Operations Management provides a comprehensive approach to this important part of business. The program combines core classes with specialized knowledge. Here, students get the preparation they need to step into a fast-growing career. Supply chains require complex interactions with people, technology, materials, and finances. Supply chain managers must stay prepared to juggle a lot of factors at once. This program prepares students for the demands of the job, which makes it one of the best supply chain management programs for students. 

The University of Wisconsin Whitewater is part of the larger University of Wisconsin system. As such, it has no shortage of opportunities, resources, and support for students. UW Whitewater helps students dive deeply into their majors. It fosters the passion that students already have and helps them turn that passion into a roadmap to career success. The school is surrounded by several major cities, which means that students have fast access to connections and job opportunities. 

Highlight More than 98% of recent UW Whitewater graduates are currently employed or in grad school. 
Degree BBA in Supply Chain and Operations Management

22. Florida Tech

Florida Tech’s BS in Logistics Management prepares students for meaningful work in business, nonprofits, and government organizations. Whichever pathway students choose, this program instills essential skills for each part of the supply chain. Faculty members in this program have real-world business experience, and they bring this experience into their teaching for the most relevant classroom experience. As a result, the program is one of the best supply chain management programs for business-minded students. 

Florida Tech University is a STEM-focused university with a focus on research. This school provides challenging academic experiences that let students embrace their future careers. At Florida Tech, faculty members use a hands-on approach to education and use some of the latest technology available. It consistently points students toward career growth opportunities so that they can make the most of their college experience. 

Highlight Payscale ranks Florida Tech among the top 6% of schools for ROI. 
Degree BS in Logistics Management

23. University of Tennessee – Knoxville

University of Tennessee Knoxville offers a BSBA in Supply Chain Management. This comprehensive degree program is known for its bold and cutting edge approach to education. In this program, students learn what it takes to manage all aspects of a supply chain. Curriculum leaders regularly work with an advisory board of supply chain professionals, so students know that they’re getting relevant information and career advice. Because of its hands on learning experiences and real world opportunities, UTK is one of the best supply chain management degree choices. 

UT Knoxville is part of the University of Tennessee system, and its STEM and business programs truly thrive. Because Knoxville is a bustling city, students have access to some great opportunities. Many of these opportunities propel students forward in their careers. The school values innovation and putting that innovation to good use. It also has lots of academic resources, including a nationally-ranked public research library. At UTK, students can combine traditional and innovation for a unique educational experience. 

Highlight US News and World Report has repeatedly ranked UTK’s Supply Chain Management program in the top 5 undergraduate programs. 
Degree BSBA in Supply Chain Management

24. East Carolina University

East Carolina University has a BS in Industrial Distribution and Logistics. The program starts with basic and theoretical knowledge, and then it moves to practical, hands-on training. It covers the interdisciplinary knowledge that students will need to manage complex supply chains. From obtaining materials to getting finished products to their end users, these skills are prominent in East Carolina classrooms. Furthermore, ECU connects students with internships and other professional career training opportunities. The practical nature of this degree makes it one of the best supply chain management programs. 

ECU began with a mission to provide top quality education. Classes here are challenging, but students get a lot of support as they learn. Students with a wide variety of interests come to this school to see their passions turn into career success. ECU began as a college for future teachers. These days, its other programs run strong, including its science and business programs. Most importantly, ECU is a student-centered school that helps learners achieve their goals. It lives up to Robert Wright made in ECU’s first innaugural address: “It was built by the people, for the people, and may it ever remain with the people, as a servant of the people.”

Highlight ECU is the fourth largest university in North Carolina. 
Degree BS in Industrial Distribution and Logistics

25. Murray State University

Murray State University has a BSB program in Logistics and Supply Chain Management. This program trains students in supply chain management, and then it empowers them to use that training to create the most efficient supply systems. With this degree, students can move on to succeed in several career paths. As a field, supply train management is expected to grow, and Murray State helps students find their place within the business. 

Murray State University is an affordable public university that helps students make the most of their possibilities. Its science and tech programs are particularly strong. In every major, though, Murray State faculty help their students discover their own paths to bright futures. 

Highlight Students here can take advantage of all kinds of resources and opportunities at Murray State, thanks to its strong connections to business throughout Kentucky. 
Degree BSB in Logistics and Supply Chain Management

Why is Supply Chain Management Important? 

Any business needs some type of management. Supply chain management responsibilities are great. For instance, part of the operations and supply chain management job description includes keeping customers happy. This is one of the supply chain management responsibilities that not only benefits the customers but also has a huge impact on the business’ profit. 

Additionally, part of the operations and supply chain management job description focuses just on profit. For example, one of the supply chain management job requirements is to reduce operating costs. This benefits the profit of a company tremendously. 

A person also has to consider that what is supply chain management also includes dealing with employee affairs. Therefore, what is the value of a supply chain management person is that it impacts those who work for a particular company. 

Part of what is supply chain management includes optimizing the delivery time. This benefits the reputation of the company and the customers who purchase from the supply chain. 

What is the value of supply chain management also includes making sure all aspects of running a supply chain are addressed. This requires a person who’s going to organize a business. 

When talking about supply chain management, it’s important to ask what is global supply chain management. This is because not all companies just deal in the U.S. What is global supply chain management includes all the other countries a distributor may send to, which has a vital impact on the economy. 

What Does a Supply Chain Manager Do?

When deciding if a person wants to earn a degree in supply chain management, it’s important to understand what does a supply chain manager do. Basically, what is a supply chain manager entails managing the chain. The supply chain manager definition includes making sure deliveries are sent out on time and correctly. 

The supply chain manager job description may include minimizing the cost of operations to optimize profit. 

Part of what does a supply manager do also includes ensuring supplies are available when customers order them. 

A supply chain manager description entails ensuring that supplies are available when they are needed to meet changing levels of demand for a company’s products. Plus, the supply chain manager description also incorporates changing supplies based on customer demand. This is because what is a supply chain manager includes monitoring inventory. 

Part of the chain manager definition is keeping customers happy. Often, this part of the supply chain manager job description has to do with customer relations and making sure employees are doing their jobs. 

The roles of a supply chain manager may include doing market research. This supply manager role may consist of attending meetings and conferences. 

The roles of a supply chain manager may include working with companies to obtain the products. 

The supply chain manager role varies a bit depending on the jobs a person takes on. Sometimes, negotiating is a supply chain manager responsibility. The supply chain manager role for this is to get down the cost of products by working with manufacturers. 

Supply chain manager tasks may also be related to handling situations with defective goods. As a supply chain manager responsibility, this may include getting refunds. Another one of the supply chain manager tasks may include maintaining records.

Keep in mind, the supply chain manager job responsibilities may vary from one job to another. The supply chain manager job responsibilities may vary based on the position a person takes as well. 

Overall, the supply manager job description and salary compensate for the fact that a person takes on multiple responsibilities. Additionally, the supply chain manager job description and salary may also take into consideration that a person is responsible for major components of a supply chain. 

How Much Does a Supply Chain Manager Make? 

One of the first questions people have when deciding on a career include what is a supply chain managers salary. Supply chain management salaries vary based on the job title a person has. For instance, a person may become a logistician. The supply chain managers salary for this job is $74,600 per year, which is the same as $35.86 per hour. 

Supply chain management salaries for purchasing managers is about $67,600 per year or $32.50 per hour.

The supply chain management salaries for a supply chain analyst is over $74,000 per year. The supply chain management salary for transportation and distribution managers tend to be higher. For instance, the supply chain management salary for these jobs is $102,850. This supply chain manager salary is equivalent to $49.45 per hour.

Keep in mind, the supply chain manager salary doesn’t just vary based on the position a person takes on. In addition, supply chain manager salaries vary based on the state a person lists in. For instance, the average supply chain entry-level salary for a logistician is higher in Rhode Island. The supply chain managers salaries for logisticians there is $105,730 per year, which is the same as $50.83. In Washington DC, the supply chain management average salary is $95,000. In Maryland, the supply chain management average salary is $91,710 annually.  

The supply chain manager average salary for a purchasing manager in New Jersey is $164,910 per year. In New York, the supply chain management entry-level salary is $147,470 annually. In Colorado, the supply chain manager average salary is $144,470. 

Bottom line is the supply chain manager average salary is high for all positions. However, the supply chain manager average salary varies.

Carrie Morris
Author

Warren Dahl
Editor-in-Chief