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Graduate Economics Programs at Northwestern University

100 Graduate Degrees Awarded
2 Graduate Award Levels
#1 Best Rank — Master's

Here is an overview of the graduate program in economics at Northwestern University. You can earn it at the Master’s, Doctoral levels, with undergraduate study also available. It ranks as high as #1 out of 18 schools (Master’s level) by College Factual. Jump to any of the following sections:

Northwestern University Graduate Economics Rankings

#6 in the U.S.
#2 in Illinois
#2 in the Great Lakes Region

College Factual ranks Northwestern University highly for economics, placing at #6 out of 471 schools nationally.

Ranking Rank
Best Economics Schools 6 of 471
Best Economics Schools in Illinois 2 of 14
Best Economics Schools in the Great Lakes Region 2 of 57

Graduate Economics Degrees at Northwestern University

The following degree levels are available for economics at Northwestern University, along with how many graduates complete each level annually.

Degree Level Annual Graduates
Bachelor’s 304
Master’s 69
Doctoral 31

Northwestern University Economics Master’s Degrees

During the most recent reporting year, Northwestern University conferred 69 master’s degrees in economics.

Master’s Rankings

Northwestern University is among the very best schools in the country for economics at the master’s level. Specifically, it ranked #1 out of 18 schools by College Factual.

Ranking Rank
Best Economics Master’s Degree Schools in the Great Lakes Region 1
Best Economics Master’s Degree Schools in Illinois 1
Best Economics Master’s Degree Schools 3

Northwestern University Graduate Tuition and Fees

$77,532 Average Tuition and Fees (In-State)

Average full-time graduate tuition and fees are listed in the table below.

In State Out of State
Tuition $76,704 $76,704
Fees $828 $828

Read more about Northwestern University tuition and fees.

Master’s Student Diversity

In the most recent graduating class, 46% of economics master’s degrees went to men and 54% went to women.

Northwestern University gender breakdown of Economics Master's degree grads The largest share of economics master’s degree graduates at Northwestern University are Non-Resident Alien. Approximately 99% of graduates fell into this category.

The following table and chart show the ethnic background for students who recently graduated from Northwestern University with a master’s in economics.

Ethnic diversity of Economics majors at Northwestern University
Ethnic Background Number of Students
Asian 0
Black or African American 0
Hispanic or Latino 0
White 1
Non-Resident Aliens 68
Other Races 0

Econometrics and Quantitative Economics (Master’s)

Northwestern University granted 69 master’s completions in econometrics and quantitative economics recently — 54% to women and 46% to men. The most common background among these graduates was Non-Resident Alien (99%).

Northwestern University Economics Doctoral Degrees

In the most recent year for which we have data, Northwestern University awarded 31 doctoral degrees in economics.

Doctoral Rankings

Northwestern University is among the very best schools in the country for economics at the doctoral level. In particular it placed #2 out of 6 schools by College Factual.

Ranking Rank
Best Economics Doctor’s Degree Schools in the Great Lakes Region 2
Best Economics Doctor’s Degree Schools in Illinois 2
Best Economics Doctor’s Degree Schools 3

Doctoral Student Diversity

Among recent graduates, 71% of economics doctoral degrees went to men and 29% went to women.

Northwestern University gender breakdown of Economics Doctoral degree grads The majority of economics doctoral degree graduates at Northwestern University were Non-Resident Alien. Approximately 84% of graduates fell into this category.

The following table and chart show the ethnic background for students who recently graduated from Northwestern University with a doctoral in economics.

Ethnic diversity of Economics majors at Northwestern University
Ethnic Background Number of Students
Asian 1
Black or African American 0
Hispanic or Latino 1
White 3
Non-Resident Aliens 26
Other Races 0

Econometrics and Quantitative Economics (Doctoral)

Northwestern University granted 31 doctoral completions in econometrics and quantitative economics in the latest year of data — 29% to women and 71% to men. The largest share of these graduates were Non-Resident Alien (84%).

Undergraduate Study in Economics at Northwestern University

You can also study this field as an undergraduate at Northwestern University. Here are the undergraduate award levels offered.

Undergraduate Level Annual Graduates
Bachelor’s Degrees in Economics 304

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