In the latest year, 16 U.S. colleges awarded 150 degrees and certificates in Pharmacoeconomics/Pharmaceutical Economics. Master’s degrees are the most popular award, at 77% of graduates. College Factual ranks 7 schools in its 2027 Best Pharmacoeconomics/Pharmaceutical Economics Schools ranking and compares their cost in a Best Value ranking. Graduates earn a median $100,478 one year after completing, rising to $136,209 after four years.
Studying Pharmacoeconomics/Pharmaceutical Economics explores Pharmacoeconomics/pharmaceutical Economics. A Program That Focuses On The Application Of Economics And Policy Analysis To The Study Of The Relationship Of Pharmacy Services And Pharmaceutical Processes And Products To The Health Care System And Their Impact On Health Care Organizations. Includes Instruction In Health Economics, Pharmacoeconomics, Health Care Systems, Health Care Organization And Management, Statistics And Biostatistics, Outcomes Research, Health Care Policy, Pharmacy Services, And Pharmaceutical Industry Operations. Examples: [Pharmacoeconomics/pharmaceutical Economics (Ms)], [Pharmacoeconomics/pharmaceutical Economics (Phd)].
Source: IPEDS 2025; College Scorecard July 2026; BLS; O*NET; College Factual rankings 2027. Data as of: July 2026.
Nationwide, pharmacoeconomics/pharmaceutical economics is a popular field of study, with 150 degrees awarded annually. 16 colleges award pharmacoeconomics/pharmaceutical economics degrees, an average of 9 graduates per school; the largest program awarded 43.
By level, the 150 awards include 116 master’s degrees and 34 doctorates.
Women earned 63% of pharmacoeconomics/pharmaceutical economics degrees and certificates in the latest year (95 of 150). The largest groups of graduates by race and ethnicity are Asian (34) and White (32), and international students earned 67.
College Factual ranks 7 schools in its 2027 Best Pharmacoeconomics/Pharmaceutical Economics Schools ranking, including 6 for master’s degrees and 2 for doctorates. It also ranks pharmacoeconomics/pharmaceutical economics schools within 7 states. In all, 16 colleges offer pharmacoeconomics/pharmaceutical economics programs; compare them by degree level below or in the Best Value Pharmacoeconomics/Pharmaceutical Economics Colleges ranking, which weighs quality against cost.
The most common pharmacoeconomics/pharmaceutical economics credential is the master’s degree: 116 of the 150 awarded in the latest year. Jobs related to pharmacoeconomics/pharmaceutical economics call most for Speaking, Reading Comprehension and Instructing, and for knowledge of English Language, Education and Training and Mathematics, according to O*NET. The most important abilities are Oral Expression, Written Comprehension and Oral Comprehension.
Top skills, rated 0–5:
Top knowledge areas, rated 0–5:
How long a pharmacoeconomics/pharmaceutical economics degree takes:
| Degree | Typical Program Length | Graduates Annually |
|---|---|---|
| Master’s Degree | 1-3 years | 116 |
| Doctorate | At least 4 years | 34 |
Doctoral degree is the most common level of education among workers in jobs related to pharmacoeconomics/pharmaceutical economics, at 39.6%.
| Level of Education | Percentage of Workers |
|---|---|
| Doctoral degree | 39.6% |
| Master’s degree | 24.8% |
| Bachelor’s degree | 14.5% |
| Post-doctoral training | 9.9% |
| Associate’s degree (or other 2-year) | 3.9% |
| Post-master’s certificate | 3.1% |
| Postsecondary certificate | 2.5% |
| Some college courses | 0.5% |
| High school diploma or equivalent | 0.5% |
| First professional degree | 0.5% |
Source: O*NET Online.
5 occupations are related to Pharmacoeconomics/Pharmaceutical Economics, with an average median salary of $81,278; the strongest outlook belongs to Economists, at 11.4% projected job growth. Typical job titles include Assistant Professor, University Faculty Member, Faculty Member and Associate Professor.
The occupation related to pharmacoeconomics/pharmaceutical economics with the most projected jobs is Health Specialties Teachers, Postsecondary, at 1,335,407.
| Occupation | Projected Jobs | Expected Growth |
|---|---|---|
| Health Specialties Teachers, Postsecondary | 1,335,407 | 10.7% |
| Economics Teachers, Postsecondary | 830,747 | 2.9% |
| Medical and Health Services Managers | 419,330 | 8.8% |
| Environmental Economists | 77,620 | 8.5% |
| Economists | 38,399 | 11.4% |
Pharmacoeconomics/Pharmaceutical Economics graduates earn a median $100,478 one year after completing their program, $136,209 after four years and $140,038 after five years, according to the U.S. Department of Education’s College Scorecard.
| Years Out | Median Earnings |
|---|---|
| 1 year | $100,478 |
| 4 years | $136,209 |
| 5 years | $140,038 |
Source: College Scorecard.
The highest-paying occupation related to pharmacoeconomics/pharmaceutical economics is Medical and Health Services Managers, with a median salary of $129,557.
| Occupation | Median Annual Salary |
|---|---|
| Medical and Health Services Managers | $129,557 |
| Environmental Economists | $86,726 |
| Economists | $73,611 |
| Economics Teachers, Postsecondary | $69,831 |
| Health Specialties Teachers, Postsecondary | $46,663 |
Pharmacoeconomics/Pharmaceutical Economics has 11 similar majors in the Health Professions field, which together award 17,249 degrees a year; the largest are Pharmacy (11,415), Pharmaceutical Sciences (2,572) and Pharmacy, Pharmaceutical Sciences, and Administration, Other (911). Browse all Health Professions majors or the full list of college majors.
More about our data sources and methodologies.