by our College Data Analytics TeamStudying 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)]. Read on to learn the key facts every pharmacoeconomics/pharmaceutical economics major should know — including career paths, salary data, the skills you will develop, and the best colleges offering pharmacoeconomics/pharmaceutical economics programs.
Nationwide, pharmacoeconomics/pharmaceutical economics is a popular field of study, with 150 degrees awarded annually.
Our 2026 Best Pharmacoeconomics/Pharmaceutical Economics Schools ranking analyzes these 15 schools to determine the best overall colleges for pharmacoeconomics/pharmaceutical economics students. Continue reading to check out one of our many unbiased rankings of pharmacoeconomics/pharmaceutical economics programs later in this article.
Studies in Pharmacoeconomics/Pharmaceutical Economics build a specific mix of skills, knowledge, and abilities — derived from O*NET surveys of workers in the occupations pharmacoeconomics/pharmaceutical economics graduates commonly enter.
Skills built by a pharmacoeconomics/pharmaceutical economics program reflects the day-to-day work of related occupations:
According to O*NET, a pharmacoeconomics/pharmaceutical economics major emphasizes the following knowledge areas:
There are several pharmacoeconomics/pharmaceutical economics degree levels. The table below shows the typical length of the most common levels, and how many graduates earn each one.
| Degree | Typical Program Length | Graduates Annually |
|---|---|---|
| Master’s Degree | 1-3 years | 109 |
| Doctorate | At least 4 years | 41 |
People currently working in careers related to pharmacoeconomics/pharmaceutical economics tend to have obtained the following education levels.
| 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% |
| First professional degree | 0.5% |
| Some college courses | 0.5% |
| High school diploma or equivalent | 0.5% |
View the chart below to get an idea of what level of education most of those in pharmacoeconomics/pharmaceutical economics careers hold.
Source: ONET Online education / training / experience requirements.*
Majoring in pharmacoeconomics/pharmaceutical economics prepares you for many career paths. Below are some of the most common occupations related to pharmacoeconomics/pharmaceutical economics.
The following options are some of the most in-demand careers related to pharmacoeconomics/pharmaceutical economics.
| 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% |
Federal data tracks median earnings of pharmacoeconomics/pharmaceutical economics graduates 1, 4, and 5 years after completion. These numbers tend to grow as graduates gain experience.
| Years Out | Median Earnings |
|---|---|
| 1 year | $100,486 |
| 4 years | $129,383 |
| 5 years | $140,029 |
Source: U.S. Department of Education College Scorecard, field-of-study earnings tracker.
Salaries for pharmacoeconomics/pharmaceutical economics graduates vary widely by occupation. The following table shows the top highest-paying careers pharmacoeconomics/pharmaceutical economics grads often go into.
| 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 |
With 15 different pharmacoeconomics/pharmaceutical economics programs to choose from, finding the best fit can be a challenge. We have analyzed these schools to produce unbiased pharmacoeconomics/pharmaceutical economics school rankings to help you.
Those considering pharmacoeconomics/pharmaceutical economics, you may also want to explore other closely related fields of study within the same broad area.
More about our data sources and methodologies.
