2022 Best Value Master’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. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Managerial Economics Schools for a Master’s in Illinois” ranking.

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 master’s degree level specifically, there were 5 business/managerial economics graduates with average earnings and debt of $57,267 and $46,814 respectively.

This ranking identifies schools with high-quality business/managerial economics programs that also have a lower cost than 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.

More Ways to Rank Business/Managerial Economics Schools

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Managerial Economics Schools for a Master’s in Illinois” ranking, along with many other major-related rankings, to help you make that decision.

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. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value Managerial Economics Schools for a Master’s in Illinois

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

Top 1 Best Value Master’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 Master’s in Illinois. Northwestern University is a private not-for-profit institution located in Evanston, Illinois. The school has a large population, and it awarded 5 masters’s degrees in 2019-2020.

Northwestern did well in our major quality rankings, too. It placed #1 on our “Best Business/Managerial Economics Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at Northwestern are $56,567, but you may pay more or less depending on your major.

Read more about Business/Managerial Economics at Northwestern University

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

Featured Economics Schools

Request Info

Southern New Hampshire University You have goals. Southern New Hampshire University can help you get there. Whether you need a bachelor's degree to get into a career or want a master's degree to move up in your current career, SNHU has an online program for you. Find your degree from over 200 online programs ... Learn More >