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2022 Best Value Master’s Degree Colleges for Econometrics & Quantitative Economics in Illinois

6 Ranked Colleges
229 Degrees Awarded
$34,400 Avg Grad Tuition & Fees*
Best Value Econometrics and Quantitative Economics Schools for a Master's in Illinois

Students have lots of options to chooose from today when trying to decide which college to attend. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Econometrics and Quantitative Economics Schools for a Master’s in Illinois” ranking is one tool we have developed to help in this regard.

In 2019-2020, 15,671 people earned their degree in econometrics and quantitative economics, making the major the 66th most popular in the United States.

Across Illinois, there were 1,193 econometrics and quantitative economics graduates with average earnings and debt of $0 and $0 respectively. At the master’s degree level specifically, there were 229 econometrics and quantitative economics graduates with average earnings and debt of $57,267 and $46,814 respectively.

This year’s “Best Value Econometrics and Quantitative Economics Schools for a Master’s in Illinois” ranking analyzed 6 colleges that offered a degree in econometrics and quantitative economics. Not only do the schools that top this list have excellent econometrics and quantitative economics programs, but they also cost less that schools of similar quality.

To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the econometrics and quantitative economics program at the school. See our ranking methodology to learn more.

One Size Does Not Fit All

When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Econometrics and Quantitative Economics Schools for a Master’s in Illinois” list to help you make the college decision.

In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

Best Value Econometrics and Quantitative Economics Schools for a Master’s in Illinois

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

Top 6 Best Value Master’s Degree Colleges for Econometrics & Quantitative Economics in Illinois

#3 in overall quality

Out of the 6 schools in the Best Value Econometrics and Quantitative Economics Schools for a Master’s in Illinois that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the #1 spot on the list. Located in Champaign, Illinois, this large public school handed out 76 degrees to qualified masters’s econometrics and quantitative economics students in 2019-2020.

UIUC did well in our major quality rankings, too. It placed #3 on our “Best Econometrics & Quantitative Economics Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at UIUC are $30,083, but some majors have different tuition rates.

Read more about Econometrics & Quantitative Economics at UIUC

#2

Illinois State University

Normal, Illinois
#6 in overall quality

You’ll join some of the best and brightest minds around if you attend Illinois State University. The school came in at #2 for the Best Value Econometrics and Quantitative Economics Schools for a Master’s in Illinois. Illinois State is a public institution located in Normal, Illinois. The school has a large population, and it awarded 14 masters’s degrees in 2019-2020.

Illinois State not only placed well in this ranking. It is also #6 on our “Best Econometrics & Quantitative Economics Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at Illinois State University are $11,069, but you may pay more or less depending on your major.

Read full report on Econometrics & Quantitative Economics at Illinois State University

#4 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Illinois at Chicago. The school came in at #3 for the Best Value Econometrics and Quantitative Economics Schools for a Master’s in Illinois. University of Illinois at Chicago is a public institution located in Chicago, Illinois. The school has a large population, and it awarded 11 masters’s degrees in 2019-2020.

As a testament to the quality of education offered at UIC, the school also landed the #4 spot in our “Best Econometrics & Quantitative Economics Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at UIC are $27,036, but you may pay more or less depending on your major.

Read more about Econometrics & Quantitative Economics at UIC

#4

DePaul University

Chicago, Illinois
#5 in overall quality

Out of the 6 schools in the Best Value Econometrics and Quantitative Economics Schools for a Master’s in Illinois that were part of this year’s ranking, DePaul University landed the #4 spot on the list. Located in Chicago, Illinois, this large private not-for-profit school awarded 29 degrees to qualified masters’s econometrics and quantitative economics students in 2019-2020.

DePaul also took the #5 spot in our “Best Econometrics & Quantitative Economics Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at DePaul are $19,760, but you may pay more or less depending on your major.

Read more about Econometrics & Quantitative Economics at DePaul

#5

Northwestern University

Evanston, Illinois
#2 in overall quality

Out of the 6 schools in the Best Value Econometrics and Quantitative Economics Schools for a Master’s in Illinois that were part of this year’s ranking, Northwestern University landed the #5 spot on the list. Northwestern is a large private not-for-profit school situated in Evanston, Illinois. It awarded 34 masters’s econometrics and quantitative economics degrees in 2019-2020.

In addition to being on our illinois master’s degree econometrics and quantitative economics students list, Northwestern has also earned the #2 rank in our “Best Econometrics & Quantitative Economics Master’s Degree Schools in Illinois” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Northwestern University are $56,567.

Full Northwestern University Econometrics & Quantitative Economics Report

#6

University of Chicago

Chicago, Illinois
#1 in overall quality

University of Chicago landed the #6 spot on the 2022 Best Value Econometrics and Quantitative Economics Schools for a Master’s in Illinois ranking. Chicago, Illinois is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out masters’s econometrics and quantitative economics degrees to 59 students in 2019-2020.

UChicago also made our “Best Econometrics & Quantitative Economics Master’s Degree Schools in Illinois” list, coming in at #1. Average graduate tuition and fees at UChicago are $61,548, but you may pay more or less depending on your major.

Read more about Econometrics & Quantitative Economics at UChicago

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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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