2022 Best Value Doctor’s Degree Colleges for Business/Managerial Economics in Illinois

With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual has developed its “Best Value Managerial Economics Schools for a Doctorate in Illinois” ranking as one item you can use to help make this decision.

In 2019-2020, 6,169 people earned their degree in business/managerial economics, making the major the 110th most popular in the United States. In 2017-2018, business/managerial economics graduates who were awarded their degree in 2015-2017, earned an average of $46,084 and had an average of $21,728 in loans still to pay off.

Across Illinois, there were 271 business/managerial economics graduates with average earnings and debt of $50,133 and $21,458 respectively. At the doctor’s degree level specifically, there were 2 business/managerial economics graduates with average earnings and debt of $75,900 and $148,219 respectively.

Not only do the schools that top this list have excellent business/managerial economics programs, but they also cost less that schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the business/managerial economics program at the school and the cost to attend the school once aid has been awarded. See our ranking methodology to learn more.

One Size Does Not Fit All

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Managerial Economics Schools for a Doctorate in Illinois” list, to help you choose the best school for you.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Best Value Managerial Economics Schools for a Doctorate in Illinois

The following schools top our list of the Best Best Value Managerial Economics Schools for a Doctorate in Illinois.

Top 1 Best Value Doctor’s Degree Colleges for Business/Managerial Economics in Illinois

#1

Northwestern University

Evanston, Illinois

#1 in overall quality

$56,567 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend Northwestern University. The school came in at #1 for the Best Value Managerial Economics Schools for a Doctorate in Illinois. Northwestern is located in Evanston, Illinois and, has a large student population. In 2019-2020, this school awarded 2 doctorate’s managerial economics degrees to qualified students.

As a testament to the quality of education offered at Northwestern, the school also landed the #1 spot in our “Best Business/Managerial Economics Doctor’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Northwestern University are $56,567, but some majors have different tuition rates.

Read full report on Business/Managerial Economics at Northwestern

• Best Value Doctor’s Degree Colleges for Business/Managerial Economics in the Great Lakes Region
• Best Value Doctor’s Degree Colleges for Business/Managerial Economics

Notes and References

References

• 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).
• Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.

Read more about our data sources and methodologies

Footnotes

• *Average salary, average net price, and average tuition and fees are for the top schools only.
• Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.

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