Economics at University of Illinois at Urbana-Champaign

Economics at University of Illinois at Urbana-Champaign

Economics is one of the majors in the social sciences program at University of Illinois at Urbana-Champaign.

Here, you'll find out more about the major, including such details as the number of graduates, what degree levels are offered, ethnicity of students, average salaries, and more. We've also included details on how UIUC ranks compared to other colleges offering a major in economics.

Go directly to any of the following sections:

Economics Degrees Available at UIUC

UIUC Economics Rankings

UIUC was ranked #64 on College Factual's most recent list of the best schools for economics majors. This puts the bachelor's program at the school solidly in the top 15% of all colleges and universities in the country. It is also ranked #3 in Illinois.

Ranking Type Rank
Most Popular Bachelor’s Degree Colleges for Economics 9
Most Popular Master’s Degree Colleges for Economics 11
Most Popular Doctor’s Degree Colleges for Economics 23
Best Value Doctor’s Degree Colleges for Economics 29
Best Economics Doctor’s Degree Schools 37
Best Economics Master’s Degree Schools 41
Most Focused Master’s Degree Colleges for Economics 45
Best Value Master’s Degree Colleges for Economics 56
Best Economics Bachelor’s Degree Schools 59
Most Focused Doctor’s Degree Colleges for Economics 64
Most Focused Bachelor’s Degree Colleges for Economics 143
Best Value Bachelor’s Degree Colleges for Economics 188

Popularity of Economics at UIUC

During the 2019-2020 academic year, University of Illinois at Urbana-Champaign handed out 490 bachelor's degrees in economics. Due to this, the school was ranked #8 in popularity out of all colleges and universities that offer this degree. This is an increase of 9% over the previous year when 450 degrees were handed out.

In 2020, 79 students received their master’s degree in economics from UIUC. This makes it the #11 most popular school for economics master’s degree candidates in the country.

In addition, 23 students received their doctoral degrees in economics in 2020, making the school the #9 most popular school in the United States for this category of students.

How Much Do Economics Graduates from UIUC Make?

Salary of Economics Graduates with a Bachelor's Degree

Economics majors who earn their bachelor's degree from UIUC go on to jobs where they make a median salary of $49,400 a year. This is higher than $44,300, which is the national median for all economics bachelor's degree recipients.

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How Much Student Debt Do Economics Graduates from UIUC Have?

Student Debt of Economics Graduates with a Bachelor's Degree

While getting their bachelor's degree at UIUC, economics students borrow a median amount of $21,000 in student loans. This is not too bad considering that the median debt load of all economics bachelor's degree recipients across the country is $21,666.

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The typical student loan payment of a bachelor's degree student from the economics program at UIUC is $218 per month.

UIUC Economics Students

Take a look at the following statistics related to the make-up of the economics majors at University of Illinois at Urbana-Champaign.

UIUC Economics Bachelor’s Program

Of the 490 economics students who graduated with a bachelor's degree in 2019-2020 from UIUC, about 70% were men and 30% were women.

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The following table and chart show the ethnic background for students who recently graduated from University of Illinois at Urbana-Champaign with a bachelor's in economics.

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Ethnic Background Number of Students
Asian 119
Black or African American 8
Hispanic or Latino 32
White 175
Non-Resident Aliens 145
Other Races 11

UIUC Economics Master’s Program

Of the 76 students who earned a master's degree in Economics from UIUC in 2019-2020, 54% were men and 46% were women.

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The following table and chart show the ethnic background for students who recently graduated from University of Illinois at Urbana-Champaign with a master's in economics.

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Ethnic Background Number of Students
Asian 1
Black or African American 0
Hispanic or Latino 0
White 4
Non-Resident Aliens 71
Other Races 0

Related Major Annual Graduates
Political Science & Government 268
Sociology 74
Geography & Cartography 54
Anthropology 35

View All Economics Related Majors >

References

More about our data sources and methodologies.

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