2022 Best Value Master’s Degree Colleges for Business/Managerial Economics (Income $30-$48k) in Illinois

When pursuing a degree in today’s world, students have many different options to choose from. 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 Managerial Economics Schools for a Master’s in Illinois For Those Making $30-$48k” ranking is part of that endeavor.

Business/Managerial Economics is the 110th most popular major in the country with 6,169 degrees awarded in 2019-2020. In 2017-2018, business/managerial economics graduates who were awarded their degree in 2015-2017, earned an average of $46,084 and had an average of $21,728 in loans still to pay off.

Across Illinois, there were 271 business/managerial economics graduates with average earnings and debt of $50,133 and $21,458 respectively. At the master’s degree level specifically, there were 5 business/managerial economics graduates with average earnings and debt of $57,267 and $46,814 respectively.

The schools that top this list are recognized because they have great business/managerial economics programs and 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 business/managerial economics program at the school. Check out our ranking methodology for more information.

More Ways to Rank Business/Managerial Economics Schools

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Managerial Economics Schools for a Master’s in Illinois For Those Making $30-$48k” ranking, along with many other major-related rankings, to help you make that decision.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value Managerial Economics Schools for a Master’s in Illinois For Those Making $30-$48k

The colleges and universities below are the best for illinois master’s degree managerial economics students whose families make $30-$48k.

Top 1 Best Value Master’s Degree Colleges for Business/Managerial Economics (Income $30-$48k) in Illinois

#1

Northwestern University

Evanston, Illinois

#1 in overall quality

$56,567 Avg Grad Tuition & Fees

Out of the 1 schools in the Best Value Managerial Economics Schools for a Master’s in Illinois For Those Making $30-$48k that were part of this year’s ranking, Northwestern University landed the #1 spot on the list. Northwestern University is a private not-for-profit institution located in Evanston, Illinois. The school has a large population, and it awarded 5 masters’s degrees in 2019-2020.

As a testament to the quality of education offered at Northwestern, the school also landed the #1 spot in our “Best Business/Managerial 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.

Read full report on Business/Managerial Economics at Northwestern

• Best Value Master’s Degree Colleges for Business/Managerial Economics (Income $30-$48k) in the Great Lakes Region
• Best Value Master’s Degree Colleges for Business/Managerial Economics (Income $30-$48k)

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.

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