2023 Most Focused 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 “Schools for a Master’s Highly Focused on Managerial Economics Major in Illinois” ranking.

In 2020-2021, 5,667 people earned their degree in business/managerial economics, making the major the 119th most popular in the United States. 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 Illinois, there were 249 business/managerial economics graduates with average earnings and debt of $50,021 and $21,254 respectively. At the master’s degree level specifically, there were 3 business/managerial economics graduates with average earnings and debt of $59,317 and $0 respectively.

For this year’s “Schools for a Master’s Highly Focused on Managerial Economics Major in Illinois” ranking, we looked at 2 colleges that offer a degree in business/managerial economics. This a ranking of the schools where the largest percentage of students has enrolled in business/managerial economics.

For more information, check out our ranking methodology.

One Size Does Not Fit All

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

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

Schools for a Master’s Highly Focused on Managerial Economics Major in Illinois

The following schools top our list of the Best “Schools for a Master’s Highly Focused on Managerial Economics Major in Illinois”.

Top 2 Most Focused Master’s Degree Colleges for Business/Managerial Economics in Illinois

1

Northwestern University
Evanston, Illinois

#1 overall quality in Illinois

You’ll be in good company if you decide to attend Northwestern University. It ranked #1 on our 2023 Schools for a Master’s Highly Focused on Managerial Economics Major in Illinois list. Northwestern University is located in Evanston, Illinois and, has a large student population. In 2020-2021, this school awarded 3 masters’s managerial economics degrees to qualified students.

The undergrad student loan default rate at the school is 0.6%, which is quite low when compared to the national default rate of 10.1%. The undergraduate student-to-faculty ratio of 6 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year.

Full Northwestern University Business/Managerial Economics Report

2

DePaul University
Chicago, Illinois

#7 overall quality in Illinois

You’ll be in good company if you decide to attend DePaul University. It ranked #2 on our 2023 Schools for a Master’s Highly Focused on Managerial Economics Major in Illinois list. DePaul University is a large private not-for-profit school situated in Chicago, Illinois. It awarded 35 masters’s managerial economics degrees in 2020-2021.

The undergrad student loan default rate at the school is 3.7%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Business/Managerial Economics at DePaul

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

• *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.