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Learn How to Drive Economic Decisions with Data

If you want to crunch big data to help make big economic decisions, our dual undergraduate degrees in data science and economics at the University of Michigan-Dearborn are for you. You’ll tackle everything from computer programming to modeling to microeconomics, giving you a formidable array of skills and knowledge that will make you a prime candidate for a huge variety of jobs.

You earn both degrees at the same time. The combined degrees require 135 credits–just 15 more than you need for either degree alone. You can pick up the additional credits by taking one extra class most semesters or adding a single semester to your program.

Where Data Science/Economics Degrees Will Take Me

With data and economics powering so many decisions today, dual degrees in data science and economics will give you powerful credentials to stand out in the job market. The versatility of your degrees will open up a multitude of career paths in business and finance, health care, social sciences, government agencies, nonprofit organizations, and many other fields.

Career and Salary Outlook

The information in this table is meant to give you an idea of career opportunities with this degree. All information is pulled from the Bureau of Labor Statistics, and is meant to be averages across the United States. Please note that these figures reflect overall averages and may not represent entry-level salaries.

$108,020 Median Salary

Data Scientists

Employment of data scientists is projected to grow 36 percent from 2023 to 2033, much faster than the average for all occupations.

About 20,800 openings for data scientists are projected each year, on average, over the decade. Many of those openings are expected to result from the need to replace workers who transfer to different occupations or exit the labor force, such as to retire.

$115,730 Median Salary

Economists (master’s usually required)

Employment of economists is projected to grow 5 percent from 2023 to 2033, about as fast as the average for all occupations.

About 1,000 openings for economists are projected each year, on average, over the decade. Many of those openings are expected to result from the need to replace workers who transfer to different occupations or exit the labor force, such as to retire.

$104,860 Median Salary

Mathematicians and Statisticians (master’s usually required)

Overall employment of mathematicians and statisticians is projected to grow 11 percent from 2023 to 2033, much faster than the average for all occupations.

About 2,500 openings for mathematicians and statisticians are projected each year, on average, over the decade. Many of those openings are expected to result from the need to replace workers who transfer to different occupations or exit the labor force, such as to retire.

$120,000 Median Salary

Actuaries

Employment of actuaries is projected to grow 23 percent from 2022 to 2032, much faster than the average for all occupations.

About 2,300 openings for actuaries are projected each year, on average, over the decade. Many of those openings are expected to result from the need to replace workers who transfer to different occupations or exit the labor force, such as to retire.

$74,680 Median Salary

Market Research Analysts

Employment of market research analysts is projected to grow 13 percent from 2022 to 2032, much faster than the average for all occupations.

About 94,600 openings for market research analysts are projected each year, on average, over the decade. Many of those openings are expected to result from the need to replace workers who transfer to different occupations or exit the labor force, such as to retire.

Program Details

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Application Deadlines

UM-Dearborn has rolling admissions throughout the year, and deadlines depend on your student type. Apply early, priority consideration for financial aid and scholarships may be given to earlier applicants.

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Tuition

Get started early on your financial planning for college. Complete the net price calculator to get an estimate of your cost to attend UM-Dearborn.

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Go Blue Guarantee

Students at UM-Dearborn are eligible for the Go Blue Guarantee - University of Michigan’s landmark promise of free tuition for high-achieving in-state undergraduate students from qualifying backgrounds. Major financial support is available for students who do not fully qualify.

Go Blue Guarantee

How to Get Involved

At UM-Dearborn, there are endless opportunities to get involved. You can join the Economics Club, participate in research projects with your professors, explore general student organizations devoted to a wide range of interests and topics, and much more.

Next Steps

Become a part of the UM-Dearborn community and put your dreams to work for you.

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