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2022 Best Value Master’s Degree Colleges for Econometrics & Quantitative Economics in the Great Lakes Region

19 Ranked Colleges
618 Degrees Awarded
$30,900 Avg Grad Tuition & Fees*
Best Value Econometrics and Quantitative Economics Schools for a Master's in the Great Lakes Region

It’s not easy to decide which college to attend when there so many options available for students. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region” ranking is part of that endeavor.

Econometrics & Quantitative Economics is the 66th most popular major in the country with 15,671 degrees awarded in 2019-2020.

Across the Great Lakes region, there were 2,528 econometrics and quantitative economics graduates with average earnings and debt of $0 and $0 respectively. At the master’s degree level specifically, there were 618 econometrics and quantitative economics graduates with average earnings and debt of $57,039 and $42,488 respectively.

For this year’s “Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region” ranking, we looked at 19 colleges that offer a degree in econometrics and quantitative economics. The schools that top this list are recognized because they have great econometrics and quantitative economics programs and cost less that schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the econometrics and quantitative economics program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.

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 Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region” list, to help you choose the best school for you.

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. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region

The colleges and universities below are the best for great lakes region master’s degree econometrics and quantitative economics students.

Top 19 Best Value Master’s Degree Colleges for Econometrics & Quantitative Economics in the Great Lakes Region

#4 in overall quality

Out of the 19 schools in the Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region that were part of this year’s ranking, University of Wisconsin - Madison landed the #1 spot on the list. University of Wisconsin - Madison is a large school located in Madison, Wisconsin that handed out 156 masters’s econometrics and quantitative economics degrees in 2019-2020.

UW - Madison also made our “Best Econometrics & Quantitative Economics Master’s Degree Schools in the Great Lakes Region” list, coming in at #4. Average graduate tuition and fees at UW - Madison are $25,523, but some majors have different tuition rates.

Full University of Wisconsin - Madison Econometrics & Quantitative Economics Report

#2

Illinois State University

Normal, Illinois
#16 in overall quality

You’ll be in good company if you decide to attend Illinois State University. It ranked #2 on our 2022 Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region list. Illinois State University is a large public school situated in Normal, Illinois. It awarded 14 masters’s econometrics and quantitative economics degrees in 2019-2020.

Illinois State did well in our major quality rankings, too. It placed #16 on our “Best Econometrics & Quantitative Economics Master’s Degree Schools in the Great Lakes Region” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Illinois State are $11,069.

Full Illinois State Econometrics & Quantitative Economics Report

#10 in overall quality

You’ll be in good company if you decide to attend Ohio University - Athens Campus. It ranked #3 on our 2022 Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region list. Ohio University - Athens Campus is a public institution located in Athens, Ohio. The school has a large population, and it awarded 60 masters’s degrees in 2019-2020.

OHIO Athens also took the #10 spot in our “Best Econometrics & Quantitative Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Ohio University - Athens Campus are $17,712, but some majors have different tuition rates.

Read more about Econometrics & Quantitative Economics at OHIO Athens

#4

Purdue University - Main Campus

West Lafayette, Indiana
#6 in overall quality

Out of the 19 schools in the Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region that were part of this year’s ranking, Purdue University - Main Campus landed the #4 spot on the list. This large school is located in West Lafayette, Indiana, and it awarded 19 masters’s econometrics and quantitative economics degrees in 2019-2020.

Purdue also made our “Best Econometrics & Quantitative Economics Master’s Degree Schools in the Great Lakes Region” list, coming in at #6. Average graduate tuition and fees at Purdue are $28,794, but some majors have different tuition rates.

Read more about Econometrics & Quantitative Economics at Purdue

#5

Western Illinois University

Macomb, Illinois
#18 in overall quality

You’ll be in good company if you decide to attend Western Illinois University. It ranked #5 on our 2022 Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region list. This medium-sized school is located in Macomb, Illinois, and it awarded 6 masters’s econometrics and quantitative economics degrees in 2019-2020.

WIU also took the #18 spot in our “Best Econometrics & Quantitative Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Western Illinois University are $11,996, but you may pay more or less depending on your major.

Read full report on Econometrics & Quantitative Economics at WIU

#5 in overall quality

University of Illinois at Urbana-Champaign landed the #6 spot on the 2022 Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region ranking. University of Illinois at Urbana-Champaign is a large public school situated in Champaign, Illinois. It awarded 76 masters’s econometrics and quantitative economics degrees in 2019-2020.

In addition to being on our great lakes region master’s degree econometrics and quantitative economics students list, UIUC has also earned the #5 rank in our “Best Econometrics & Quantitative Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at University of Illinois at Urbana-Champaign are $30,083, but you may pay more or less depending on your major.

Read full report on Econometrics & Quantitative Economics at UIUC

#7

DePaul University

Chicago, Illinois
#15 in overall quality

DePaul University did quite well in the 2022 Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region ranking, coming in at #7. This large school is located in Chicago, Illinois, and it awarded 29 masters’s econometrics and quantitative economics degrees in 2019-2020.

In addition to being on our great lakes region master’s degree econometrics and quantitative economics students list, DePaul has also earned the #15 rank in our “Best Econometrics & Quantitative Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at DePaul University are $19,760, but you may pay more or less depending on your major.

Full DePaul University Econometrics & Quantitative Economics Report

#14 in overall quality

University of Wisconsin - Milwaukee landed the #8 spot on the 2022 Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region ranking. Milwaukee, Wisconsin is the setting for this large institution of higher learning. The public school handed out masters’s econometrics and quantitative economics degrees to 15 students in 2019-2020.

UWM also took the #14 spot in our “Best Econometrics & Quantitative Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at University of Wisconsin - Milwaukee are $25,295, but some majors have different tuition rates.

Full UWM Econometrics & Quantitative Economics Report

#11 in overall quality

University of Illinois at Chicago landed the #9 spot on the 2022 Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region ranking. UIC is a public institution located in Chicago, Illinois. The school has a large population, and it awarded 11 masters’s degrees in 2019-2020.

UIC did well in our major quality rankings, too. It placed #11 on our “Best Econometrics & Quantitative Economics Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at UIC are $27,036, but you may pay more or less depending on your major.

Read full report on Econometrics & Quantitative Economics at UIC

#12 in overall quality

University of Cincinnati - Main Campus ranked #10 on this year’s Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region list. Located in Cincinnati, Ohio, this large public school awarded 28 diplomas to qualified masters’s econometrics and quantitative economics students in 2019-2020.

As a testament to the quality of education offered at UC, the school also landed the #12 spot in our “Best Econometrics & Quantitative Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at University of Cincinnati - Main Campus are $26,644, but some majors have different tuition rates.

Read full report on Econometrics & Quantitative Economics at UC

#11

Western Michigan University

Kalamazoo, Michigan
#13 in overall quality

Western Michigan University did quite well in the 2022 Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region ranking, coming in at #11. WMU is located in Kalamazoo, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 11 masters’s econometrics and quantitative economics degrees to qualified students.

WMU did well in our major quality rankings, too. It placed #13 on our “Best Econometrics & Quantitative Economics Master’s Degree Schools in the Great Lakes Region” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Western Michigan University are $31,355.

Read more about Econometrics & Quantitative Economics at WMU

#8 in overall quality

With a ranking of #12, Miami University - Oxford did quite well on the 2022 Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region list. Located in Oxford, Ohio, this fairly large public school handed out 17 degrees to qualified masters’s econometrics and quantitative economics students in 2019-2020.

Miami University - Oxford also made our “Best Econometrics & Quantitative Economics Master’s Degree Schools in the Great Lakes Region” list, coming in at #8. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Miami University - Oxford are $31,697.

Read more about Econometrics & Quantitative Economics at Miami University - Oxford

#13

Eastern Michigan University

Ypsilanti, Michigan
#17 in overall quality

Eastern Michigan University landed the #13 spot on the 2022 Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region ranking. Ypsilanti, Michigan is the setting for this fairly large institution of higher learning. The public school handed out masters’s econometrics and quantitative economics degrees to 4 students in 2019-2020.

Eastern Michigan did well in our major quality rankings, too. It placed #17 on our “Best Econometrics & Quantitative Economics Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Eastern Michigan are $26,552, but some majors have different tuition rates.

Full Eastern Michigan Econometrics & Quantitative Economics Report

#19 in overall quality

Kent State University at Kent ranked #14 on this year’s Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region list. Kent State University at Kent is located in Kent, Ohio and, has a large student population. In 2019-2020, this school awarded 4 masters’s econometrics and quantitative economics degrees to qualified students.

Kent State also took the #19 spot in our “Best Econometrics & Quantitative Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Kent State University at Kent are $21,952, but you may pay more or less depending on your major.

Full Kent State University at Kent Econometrics & Quantitative Economics Report

#15

Michigan State University

East Lansing, Michigan
#9 in overall quality

Michigan State University did quite well in the 2022 Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region ranking, coming in at #15. Michigan State University is a large school located in East Lansing, Michigan that handed out 9 masters’s econometrics and quantitative economics degrees in 2019-2020.

As a testament to the quality of education offered at Michigan State, the school also landed the #9 spot in our “Best Econometrics & Quantitative Economics Master’s Degree Schools in the Great Lakes Region” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Michigan State are $37,056.

Read more about Econometrics & Quantitative Economics at Michigan State

#7 in overall quality

Ohio State University - Main Campus landed the #16 spot on the 2022 Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region ranking. Ohio State is a large school located in Columbus, Ohio that handed out 22 masters’s econometrics and quantitative economics degrees in 2019-2020.

Ohio State not only placed well in this ranking. It is also #7 on our “Best Econometrics & Quantitative Economics Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Ohio State University - Main Campus are $37,141, but you may pay more or less depending on your major.

Full Ohio State Econometrics & Quantitative Economics Report

#17

University of Notre Dame

Notre Dame, Indiana
#3 in overall quality

University of Notre Dame came in at #17 in this year’s edition of the Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region ranking. Notre Dame is a fairly large private not-for-profit school situated in Notre Dame, Indiana. It awarded 26 masters’s econometrics and quantitative economics degrees in 2019-2020.

As a testament to the quality of education offered at Notre Dame, the school also landed the #3 spot in our “Best Econometrics & Quantitative Economics Master’s Degree Schools in the Great Lakes Region” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Notre Dame are $57,522.

Read more about Econometrics & Quantitative Economics at University of Notre Dame

#18

Northwestern University

Evanston, Illinois
#2 in overall quality

Northwestern University came in at #18 in this year’s edition of the Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region ranking. This large school is located in Evanston, Illinois, and it awarded 34 masters’s econometrics and quantitative economics degrees in 2019-2020.

Northwestern also made our “Best Econometrics & Quantitative Economics Master’s Degree Schools in the Great Lakes Region” list, coming in at #2. Average graduate tuition and fees at Northwestern are $56,567, but some majors have different tuition rates.

Read full report on Econometrics & Quantitative Economics at Northwestern University

#19

University of Chicago

Chicago, Illinois
#1 in overall quality

University of Chicago came in at #19 in this year’s edition of the Best Value Econometrics and Quantitative Economics Schools for a Master’s in the Great Lakes Region ranking. UChicago is a fairly large school located in Chicago, Illinois that handed out 59 masters’s econometrics and quantitative economics degrees in 2019-2020.

As a testament to the quality of education offered at UChicago, the school also landed the #1 spot in our “Best Econometrics & Quantitative Economics Master’s Degree Schools in the Great Lakes Region” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Chicago are $61,548.

Read more about Econometrics & Quantitative Economics at University of Chicago

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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.

Credits

  • Credit for the banner image above goes to pixabay.

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