2027 Best Business Economics Schools in Illinois
Business Economics programs are offered at a focused set of schools across the country. A focused field like this rewards careful comparison of the schools that offer it.
College Factual analyzed 4 schools to build this 2027 ranking of the best business economics schools.
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Best Schools for Business Economics in Illinois
Below are the schools that deliver the strongest overall business economics education in Illinois.
Top Schools in Business Economics
Our analysis ranked Northwestern University the best school in the country for a degree in business economics. Located in the city of Evanston, Northwestern University is a very large private not-for-profit university. The six-year graduation rate is 95%. Northwestern University awarded about 29 business economics degrees in the most recent data year. Business Economics graduates of Northwestern University earn a median of $78,551 early in their careers. Students borrow a median of $16,616 to complete this degree.
Read more about the business economics program at Northwestern University
Loyola University Chicago is a great choice for students pursuing a degree in business economics, landing the #2 spot this year. This large private not-for-profit university is located in the city of Chicago. Roughly 75% of students complete a degree within six years here. Loyola University Chicago awarded about 31 business economics degrees in the most recent data year. Graduates of the business economics program make about $61,333 in their early career. Loyola University Chicago graduates carry a median of $21,574 in student loans.
Read more about the business economics program at Loyola University Chicago
Depaul University came in at #3 on our 2027 list of the best business economics schools. This very large private not-for-profit university is located in the city of Chicago. The six-year graduation rate is 68%. Depaul University awarded about 24 business economics degrees in the most recent data year. Soon after graduation, business economics degree recipients from Depaul University generally make around $53,682. Depaul University graduates carry a median of $21,666 in student loans.
See the full business economics program report for Depaul University
A rank of #4 makes Wheaton College Illinois one of the top schools for business economics. Located in the suburb of Wheaton, Wheaton College Illinois is a mid-sized private not-for-profit university. Roughly 85% of students complete a degree within six years here. Wheaton College Illinois awarded about 61 business economics degrees in the most recent data year. Business Economics graduates of Wheaton College Illinois earn a median of $55,300 early in their careers. Students borrow a median of $24,000 to complete this degree.
See the full business economics program report for Wheaton College Illinois
More Business Economics Rankings
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Notes and References
This ranking is produced by College Factual (MF_RANKING_2025), 2027 edition. Schools are scored on a blend of student outcomes (graduation rate, post-graduation earnings), affordability, and program focus, drawn primarily from the U.S. Department of Education (IPEDS and College Scorecard).
Ranking method: College Major Top Ranked · 4 schools evaluated.
- The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE), serves as the core of our data about colleges.
- Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
More about our data sources and methodologies.
