2022 Best Value Master’s Degree Colleges for Business/Managerial Economics in Illinois (With Aid)

When it comes to choosing a college, students have a lot of options - but not all of them are good. 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 Getting Aid” ranking is part of that endeavor.

In 2019-2020, 6,169 people earned their degree in business/managerial economics, making the major the 110th most popular in the United States. 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.

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. For more information, check out our ranking methodology.

One Size Does Not Fit All

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 Getting Aid” ranking, along with many other major-related rankings, to help you make that 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. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

Best Value Managerial Economics Schools for a Master’s in Illinois For Those Getting Aid

The colleges and universities below are the best for illinois master’s degree managerial economics students with aid.

Top 1 Best Value Master’s Degree Colleges for Business/Managerial Economics in Illinois (With Aid)

#1

Northwestern University

Evanston, Illinois

#1 in overall quality

$56,567 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend Northwestern University. It ranked #1 on our 2022 Best Value Managerial Economics Schools for a Master’s in Illinois For Those Getting Aid list. Evanston, Illinois is the setting for this large institution of higher learning. The private not-for-profit school handed out masters’s managerial economics degrees to 5 students in 2019-2020.

Northwestern did well in our major quality rankings, too. It placed #1 on our “Best Business/Managerial Economics Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at Northwestern are $56,567, but some majors have different tuition rates.

Read more about Business/Managerial Economics at Northwestern

• Best Value Master’s Degree Colleges for Business/Managerial Economics in the Great Lakes Region (With Aid)
• Best Value Master’s Degree Colleges for Business/Managerial Economics (With Aid)

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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