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2024 Best Economics Master's Degree Schools in the Great Lakes Region

33 Colleges in the Great Lakes Region
932 Master's Degrees
$73,269 Avg Early-Career Salary
Economics is above average in terms of popularity with it being the #41 most popular master's degree program in the country. This means you won't have too much trouble finding schools that offer the degree.

In 2024, College Factual analyzed 33 schools in order to identify the top ones for its Best Economics Master's Degree Schools in the Great Lakes Region ranking. Combined, these schools handed out 932 master's degrees in economics to qualified students.

Jump to one of the following sections: * Our Methodology

Choosing a Great Economics School for Your Master's Degree

Best Economics Master's Degree Schools in the Great Lakes Region The economics master's degree program you select can have a big impact on your future. This section explores some of the factors we include in our ranking and how much they vary depending on the school you select. When choosing a school we recommend considering some of the following factors:

Quality Overall Is Important

A school that excels in educating for a particular major and degree level must be a great school overall as well. To make it into this list a school must rank well in our overall Best Colleges for a Master's Degree ranking. This ranking considered factors such as graduation rates, overall graduate earnings and other educational resources to identify great colleges and universities.

Average Earnings

To determine the overall quality of a graduate school, one factor we look at is the average early-career salary of those receiving their master's degree from the school. This is because one of the main reasons people pursue their master's degree is to enable themselves to find better-paying positions.

Other Factors We Consider

In addition to the above, you should consider some of the following factors:

Our full ranking methodology documents in more detail how we consider these factors to identify the best colleges for economics students working on their master's degree.

One Size Does Not Fit All

Rankings by Location Check Out Other Locales
More Economics Rankings Other Ranking Categories

Since picking the right college can be one of the most important decisions of your life, we've developed the Best Economics Master's Degree Schools in the Great Lakes Region ranking, along with many other major-related rankings, to help you make that decision.


 

Best Schools for Master’s Students to Study Economics in the Great Lakes Region

The following list ranks the best colleges and universities for pursuing a master's degree in economics.

10 Top Great Lakes Region Schools for a Master's in Economics

1
32 Annual Graduates

It is difficult to beat Northwestern University if you wish to pursue a master's degree in economics. Northwestern is a fairly large private not-for-profit university located in the city of Evanston.More information about a master’s in economics from Northwestern University

2
68 Annual Graduates

It's difficult to beat University of Chicago if you want to pursue a master's degree in economics. Located in the city of Chicago, UChicago is a private not-for-profit university with a fairly large student population.More information about a master’s in economics from University of Chicago

3
209 Annual Graduates

University of Wisconsin - Madison is one of the finest schools in the United States for getting a master's degree in economics. Located in the city of Madison, UW - Madison is a public university with a fairly large student population.More information about a master’s in economics from University of Wisconsin - Madison

4
98 Annual Graduates

University of Illinois at Urbana-Champaign is one of the finest schools in the United States for getting a master's degree in economics. Located in the city of Champaign, UIUC is a public university with a fairly large student population.More information about a master’s in economics from University of Illinois at Urbana-Champaign

5
93 Annual Graduates

U-M is a very large public university located in the city of Ann Arbor.More information about a master’s in economics from University of Michigan - Ann Arbor

6
48 Annual Graduates

Purdue is a fairly large public university located in the city of West Lafayette.More information about a master’s in economics from Purdue University - Main Campus

7
32 Annual Graduates

Ohio State is a fairly large public university located in the large city of Columbus.More information about a master’s in economics from Ohio State University - Main Campus

8
Michigan State crest
Michigan State University
East Lansing, MI
17 Annual Graduates

Located in the small city of East Lansing, Michigan State is a public university with a very large student population.More information about a master’s in economics from Michigan State University

9
10 Annual Graduates

IU Bloomington is a very large public university located in the small city of Bloomington.More information about a master’s in economics from Indiana University - Bloomington

10
Marquette crest
Marquette University
Milwaukee, WI

Located in the city of Milwaukee, Marquette is a private not-for-profit university with a large student population.

Students who graduate with their master's from the economics program state that they receive average early career wages of $75,221.

More information about a master’s in economics from Marquette University

Best Economics Colleges by State

Explore the best economics colleges for a specific state in the Great Lakes Region .

State Colleges Degrees Awarded
Illinois 221 259
Michigan 211 186
Ohio 207 185
Indiana 191 71
Wisconsin 173 231

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One of 13 majors within the Social Sciences area of study, Economics has other similar majors worth exploring.

Economics Concentrations

Major Annual Graduates
Econometrics & Quantitative Economics 684
General Economics 110
Applied Economics 83
Development Economics & International Development 29
Other Economics 26

Related Major Annual Graduates
Political Science & Government 241
General Social Sciences 192
Sociology 179
Geography & Cartography 175
International Relations & National Security 142
Anthropology 115
Urban Studies 21
Other Social Sciences 20
Archeology 3

Notes and References

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