Economics at University of Illinois at Urbana-Champaign

Every economics school has its own distinct culture and strengths. We've pulled together some statistics and other details to help you see how the economics program at University of Illinois at Urbana-Champaign stacks up to those at other schools.

UIUC is located in Champaign, Illinois and has a total student population of 52,679. In the 2020-2021 academic year, 443 students received a bachelor's degree in economics from UIUC.

Want to know more about the career opportunities in this field? Check out the Careers in Economics section at the bottom of this page.

UIUC Economics Degrees Available

• Bachelor’s Degree in Economics
• Master’s Degree in Economics
• Doctorate Degree in Economics

UIUC Economics Rankings

The following rankings from College Factual show how the economics progam at UIUC compares to programs at other colleges and universities.

Note: Although rankings can help you see some information about a school, it's not a good idea to depend on them alone. Be sure to check out other things about the school before making your decision to attend.

Bachelor’s Degree Overall Quality & Other Notable Rankings

The economics major at UIUC is not ranked on College Factual’s Best Colleges and Universities for Economics. This could be for a number of reasons, such as not having enough data on the major or school to make an accurate assessment of its quality.

Ranking Type	Rank
	11
	35
	50
	65
	76
	81
	186
	187

In 2021, 98 students received their master’s degree in economics from UIUC. This makes it the #9 most popular school for economics master’s degree candidates in the country.

There were 22 students who received their doctoral degrees in economics, making the school the #12 most popular school in the United States for this category of students.

How Much Do Economics Graduates from UIUC Make?

The median salary of economics students who receive their bachelor's degree at UIUC is $50,008. This is 9% higher than $45,868, which is the national average for all economics bachelor's degree recipients.

Economics Student Demographics at UIUC

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

For the most recent academic year available, 70% of economics bachelor's degrees went to men and 30% went to women.

Prospective students may be interested in knowing that this school graduates 2% more racial-ethnic minorities in its economics bachelor's program than the national average.*

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

Race/Ethnicity	Number of Students
Asian	98
Black or African American	10
Hispanic or Latino	34
White	140
International Students	152
Other Races/Ethnicities	9

UIUC Economics Master’s Program

Of the 98 students who earned a master's degree in Economics from UIUC in 2020-2021, 52% were men and 48% were women.

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

Race/Ethnicity	Number of Students
Asian	2
Black or African American	0
Hispanic or Latino	1
White	11
International Students	84
Other Races/Ethnicities	0

UIUC also has a doctoral program available in economics. In 2021, 22 students graduated with a doctor's degree in this field.

Concentrations Within Economics

The following economics concentations are available at University of Illinois at Urbana-Champaign. The completion numbers here include all graduates who receive any type of degree in this field from University of Illinois at Urbana-Champaign. Some of these focus areas may not be available for your degree level.

Concentration	Annual Degrees Awarded
General Economics	352
Econometrics & Quantitative Economics	211

Careers That Economics Grads May Go Into

A degree in economics can lead to the following careers. Since job numbers and average salaries can vary by geographic location, we have only included the numbers for IL, the home state for University of Illinois at Urbana-Champaign.

Occupation	Jobs in IL	Average Salary in IL
Market Research Analysts and Marketing Specialists	30,150	$61,670
Survey Researchers	1,590	$57,560
Economics Professors	520	$128,340
Economists	380	$108,690

References

*The racial-ethnic minorities count is calculated by taking the total number of students and subtracting white students, international students, and students whose race/ethnicity was unknown. This number is then divided by the total number of students at the school to obtain the racial-ethnic minorities percentage.

• College Factual
• National Center for Education Statistics
• O*NET Online
• Image Credit: By Beyond My ken under License

More about our data sources and methodologies.