2022 Best Value Master’s Degree Colleges for Business/Managerial Economics (Income $48-$75k) in Illinois

It’s not easy to decide which college to attend when there so many options available for students. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Managerial Economics Schools for a Master’s in Illinois For Those Making $48-$75k” ranking.

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.

Not only do the schools that top this list have excellent business/managerial economics programs, but they also cost less that schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the business/managerial economics program at the school and the cost to attend the school once aid has been awarded. For more information, check out our ranking methodology.

One Size Does Not Fit All

The managerial economics school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Managerial Economics Schools for a Master’s in Illinois For Those Making $48-$75k”.

One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Best Value Managerial Economics Schools for a Master’s in Illinois For Those Making $48-$75k

The following schools top our list of the Best Best Value Managerial Economics Schools for a Master’s in Illinois For Those Making $48-$75k.

Top 1 Best Value Master’s Degree Colleges for Business/Managerial Economics (Income $48-$75k) 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 $48-$75k that were part of this year’s ranking, Northwestern University landed the #1 spot on the list. Located in Evanston, Illinois, this large private not-for-profit school handed out 5 degrees to qualified masters’s managerial economics students 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. Average graduate tuition and fees at Northwestern University are $56,567, but some majors have different tuition rates.

Read full report on Business/Managerial Economics at Northwestern

• Best Value Master’s Degree Colleges for Business/Managerial Economics (Income $48-$75k) in the Great Lakes Region
• Best Value Master’s Degree Colleges for Business/Managerial Economics (Income $48-$75k)

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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