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Quantitative Economics in Illinois

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Quantitative Economics Schools in Illinois

In 2020-2021, 1,353 students earned their Econometrics and Quantitative Economics degrees in IL.

As a degree choice, Quantitative Economics is the 6th most popular major in the state.

Education Levels of Quantitative Economics Majors in Illinois

Econometrics and Quantitative Economics majors in the state tend to have the following degree levels:

Education Level Number of Grads
Bachelor’s Degree 1,018
Master’s Degree 243
Doctor’s Degree (Research / Scholarship) 92
Doctor’s Degree (Professional Practice) 92
Doctor’s Degree (Other) 92

Gender Distribution

In Illinois, a econometrics and quantitative economics major is more popular with men than with women.

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Racial Distribution

The racial distribution of econometrics and quantitative economics majors in Illinois is as follows:

  • Asian: 17.1%
  • Black or African American: 1.3%
  • Hispanic or Latino: 7.8%
  • White: 30.3%
  • Non-Resident Alien: 37.6%
  • Other Races: 5.9%
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Jobs for Quantitative Economics Grads in Illinois

900 people in the state and 494,240 in the nation are employed in jobs related to econometrics and quantitative economics.

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Wages for Quantitative Economics Jobs in Illinois

A typical salary for a econometrics and quantitative economics grad in the state is $108,690, compared to a typical salary of $116,020 nationwide.

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There are 10 colleges in Illinois that offer econometrics and quantitative economics degrees. Learn about the most popular 10 below:

602 Degrees in Major Awarded
94% Graduation Rate
17,834 Total Students

The full-time teacher rate is 80%. 5 to 1 is the student to faculty ratio. The 1.00% student loan default rate is lower than average.

400 Degrees in Major Awarded
95% Graduation Rate
22,603 Total Students

The full-time teacher rate is 84%. This school boasts a lower than average student loan default rate of 0.60%. 6 to 1 is the student to faculty ratio.

211 Degrees in Major Awarded
84% Graduation Rate
52,679 Total Students

The 2.30% student loan default rate is lower than average. Students who attend this public school pay an average net price of $14,321. The average student takes 4.21 years to complete their degree at UIUC.

35 Degrees in Major Awarded
87% Graduation Rate
2,908 Total Students

It takes the average student 4.08 years to graduate. The full-time teacher rate is 71%. Roughly six years after entering college, graduates of this school earn $46,794 a year.

#5

Lake Forest College

Lake Forest
32 Degrees in Major Awarded
69% Graduation Rate
1,583 Total Students

This school boasts a lower than average student loan default rate of 1.30%. 12 to 1 is the student to faculty ratio. Students who attend this private institution pay an average net price of $23,991.

#6

Knox College

Galesburg
20 Degrees in Major Awarded
75% Graduation Rate
1,154 Total Students

The full-time teacher rate is 81%. Of all the students who attend this school, 99% get financial aid. It takes the average student 4.15 years to graduate.

#6

DePaul University

Chicago
20 Degrees in Major Awarded
72% Graduation Rate
21,922 Total Students

It takes the average student 4.21 years to graduate. Students who attend this private institution pay an average net price of $31,174. Seeking financial aid? At this school, 98% of students receive it.

12 Degrees in Major Awarded
59% Graduation Rate
33,518 Total Students

Seeking financial aid? At this school, 85% of students receive it. In their early career, UIC grads earn an average salary of $49,099. The student loan default rate is 2.50% which is lower than average.

11 Degrees in Major Awarded
69% Graduation Rate
20,720 Total Students

This school boasts a lower than average student loan default rate of 3.60%. A typical student attending Illinois State will pay a net price of $20,830. 78% of the teachers are full time.

8 Degrees in Major Awarded
46% Graduation Rate
7,490 Total Students

13 to 1 is the student to faculty ratio. 93% of students get financical aid. The full-time teacher rate is 88%.

Quantitative Economics Careers in IL

Some of the careers econometrics and quantitative economics majors go into include:

Job Title IL Job Growth IL Median Salary
Economists 4% $104,230
Economics Professors 0% $110,310

Below are some popular majors in the state that are similar to econometrics and quantitative economics.

Major Annual Graduates in IL
General Economics 777
Development Economics 1

View all majors related to Quantitative Economics

View Nationwide Quantitative Economics Report

References

More about our data sources and methodologies.

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