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2027 Pharmacoeconomics/Pharmaceutical Economics Degree Guide

150 Degrees Awarded
16 Schools Offering Degrees
$100,478 Median Pay 1 Year After Graduation

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.

What Are the Best Pharmacoeconomics/Pharmaceutical Economics Schools?

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.

2027 Best Colleges for Pharmacoeconomics/Pharmaceutical Economics
2027 Overall Best Pharmacoeconomics/Pharmaceutical Economics Colleges >
Master's Degrees in Pharmacoeconomics/Pharmaceutical Economics
Doctorate Degrees in Pharmacoeconomics/Pharmaceutical Economics

What Are the Requirements for a Pharmacoeconomics/Pharmaceutical Economics Degree?

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.

Skills You Will Develop

Top skills, rated 0–5:

Speaking  4.1 / 5
0
5

Reading Comprehension  4.1 / 5
0
5
Instructing  4.0 / 5
0
5
Writing  4.0 / 5
0
5
Active Listening  4.0 / 5
0
5

Knowledge Areas

Top knowledge areas, rated 0–5:

English Language  4.4 / 5
0
5
Education and Training  4.4 / 5
0
5
Mathematics  3.7 / 5
0
5
Administration and Management  3.5 / 5
0
5
Computers and Electronics  3.4 / 5
0
5

Pharmacoeconomics/Pharmaceutical Economics Degree Types

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%

Level of education for Pharmacoeconomics/Pharmaceutical Economics workers

Source: O*NET Online.

What Can You Do With a Pharmacoeconomics/Pharmaceutical Economics Degree?

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.

5 Related Occupations
$81,278 Average Median Salary
11.4% Growth Top Job Outlook

In-Demand Pharmacoeconomics/Pharmaceutical Economics Careers

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%

How Much Do Pharmacoeconomics/Pharmaceutical Economics Graduates Make?

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.

Median earnings for Pharmacoeconomics/Pharmaceutical Economics graduates by years after completion
Years Out Median Earnings
1 year $100,478
4 years $136,209
5 years $140,038

Source: College Scorecard.

Highest Paid Pharmacoeconomics/Pharmaceutical Economics Careers

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.

Related Major Annual Graduates
Pharmacy 11,415
Pharmaceutical Sciences 2,572
Pharmacy, Pharmaceutical Sciences, and Administration, Other 911
Industrial and Physical Pharmacy and Cosmetic Sciences 909
Pharmaceutics and Drug Design 544
Clinical and Industrial Drug Development 250
Medicinal and Pharmaceutical Chemistry 188
Pharmacy Administration and Pharmacy Policy and Regulatory Affairs 179
Natural Products Chemistry and Pharmacognosy 130
Pharmaceutical Marketing and Management 123

References

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