2023 Most Focused Doctor’s Degree Colleges for Business/Managerial Economics in the Great Lakes Region

When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual has developed its “Schools for a Doctorate Highly Focused on Managerial Economics Major in the Great Lakes Region” ranking as one item you can use to help make this decision.

Business/Managerial Economics is the 119th most popular major in the country with 5,667 degrees awarded in 2020-2021. In 2019-2020, business/managerial economics graduates who were awarded their degree in 2017-2019, earned an average of $47,707 and had an average of $21,691 in loans still to pay off.

Across the Great Lakes region, there were 642 business/managerial economics graduates with average earnings and debt of $47,740 and $22,514 respectively. At the doctor’s degree level specifically, there were 5 business/managerial economics graduates with average earnings and debt of $74,305 and $0 respectively.

This year’s “Schools for a Doctorate Highly Focused on Managerial Economics Major in the Great Lakes Region” ranking analyzed 2 colleges that offered a degree in business/managerial economics. That schools that top this list have a program in business/managerial economics in which the largest percentage of students at the school are enrolled.

Check out our ranking methodology for more information.

One Size Does Not Fit All

The managerial economics school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Schools for a Doctorate Highly Focused on Managerial Economics Major in the Great Lakes Region”.

We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to you. Go ahead and give it a try, or bookmark the link so you can check it out later.

Schools for a Doctorate Highly Focused on Managerial Economics Major in the Great Lakes Region

The following schools top our list of the Best “Schools for a Doctorate Highly Focused on Managerial Economics Major in the Great Lakes Region”.

Top 2 Most Focused Doctor’s Degree Colleges for Business/Managerial Economics in the Great Lakes Region

1

Northwestern University
Evanston, Illinois

#1 overall quality in Great Lakes

Out of the 2 schools in the Schools for a Doctorate Highly Focused on Managerial Economics Major in the Great Lakes Region that were part of this year’s ranking, Northwestern University landed the #1 spot on the list. This large school is located in Evanston, Illinois, and it awarded 5 doctorate’s managerial economics degrees in 2020-2021.

The school has an impressive undergrad student loan default rate. It’s only 0.6%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 97%. Since the school has a undergrad student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors.

Read full report on Business/Managerial Economics at Northwestern University

2

University of Michigan - Ann Arbor
Ann Arbor, Michigan

#4 overall quality in Great Lakes

You’ll join some of the best and brightest minds around if you attend University of Michigan - Ann Arbor. The school came in at #2 for the Schools for a Doctorate Highly Focused on Managerial Economics Major in the Great Lakes Region. This large school is located in Ann Arbor, Michigan, and it awarded 0 doctorate’s managerial economics degrees in 2020-2021.

Students who start out at the school are likely to stick around. The freshman retention rate is 96%. The undergrad student loan default rate at the school is 1.3%, which is quite low when compared to the national default rate of 10.1%.

Full U-M Business/Managerial Economics Report

• Most Focused 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

• *Avg Salary and Avg 4-Year Grad Rate 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.