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Best Economics Master's Degree Schools in Illinois

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2023 Best Economics Master's Degree Schools in Illinois

11 Colleges

Finding the Best Economics Master's Degree School for You

Out of the majors we analyze each year, economics was ranked 4th in Illinois. In fact, 2,131 were awarded in the state in <nil>.

Today's business students have lots of options to pick from when considering higher education opportunities. With more and more schools offering online options, you could even register for a great program on the other side of the country. On top of that, there are a considerable number of trade schools that offer fast-track entry to many fields.

Along with in-depth profiles of schools and the programs they offer, Business Degree Central has created the Best Economics Master's Degree Schools in Illinois to help you in your search for the best school for you. This report analyzed 11 schools in Illinois to see which ones offered the best master's degree programs for business students. Factors related to overall quality of the school, post-graduation earnings, average student debt, and more accumulated were considered when coming up with this list.

View our full ranking methodology.

2023 Best Economics Master’s Degree Schools in Illinois

The following schools top our list of the Best Economics Master's Degree Colleges.

Top 10 Best Economics Master's Degree Schools

#1

Northwestern University

Evanston, IL

Our analysis found Northwestern University to be the best school for economics students who want to pursue a master’s degree in Illinois. Northwestern is a fairly large private not-for-profit school located in the city of Evanston.

Read full report on Economics at Northwestern University

#2

University of Chicago

Chicago, IL

A rank of #2 on this year’s list means University of Chicago is a great place for economics students working on their master’s degree. Located in the city of Chicago, UChicago is a private not-for-profit school with a large student population.

Read full report on Economics at University of Chicago

Out of the 11 schools in Illinois that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the # 3 spot on the list. UIUC is a very large public school located in the city of Champaign.

Read full report on Economics at University of Illinois at Urbana-Champaign

You’ll be in good company if you decide to attend Illinois State University. It ranked #4 on our 2023 Best Economics Master’s Degree Schools in Illinois list. Located in the suburb of Normal, Illinois State is a public school with a very large student population.

Read full report on Economics at Illinois State University

The excellent master’s degree programs at Southern Illinois University Carbondale helped the school earn the #5 place on this year’s ranking of the best economics schools in Illinois. Located in the city of Carbondale, SIUC is a public college with a large student population.

Read full report on Economics at Southern Illinois University Carbondale

Western Illinois University came in at #6 in this year’s edition of the Best Economics Master’s Degree Schools in Illinois ranking. WIU is a medium-sized public school located in the remote town of Macomb.

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With a ranking of #7, University of Illinois at Chicago did quite well on this year’s best schools for economics students working on their master’s degree. Located in the city of Chicago, UIC is a public college with a very large student population.

Full Economics at University of Illinois at Chicago Report

Northern Illinois University came in at #8 in this year’s edition of the Best Economics Master’s Degree Schools in Illinois ranking. Located in the suburb of Dekalb, NIU is a public college with a fairly large student population.

Read full report on Economics at Northern Illinois University

#9

DePaul University

Chicago, IL

DePaul University ranked #9 on this year’s Best Economics Master’s Degree Schools in Illinois list. DePaul is a very large private not-for-profit school located in the city of Chicago.

Economics majors at DePaul take out an average of $32,576 in student loans while working on their Master's Degree.

Full Economics at DePaul University Report

#10

Roosevelt University

Chicago, IL

Roosevelt University ranked #10 on this year’s Best Economics Master’s Degree Schools in Illinois list. Roosevelt is a small private not-for-profit school located in the large city of Chicago.

Full Economics at Roosevelt University Report

Best Economics Colleges in the Great Lakes Region

Explore all the Best Economics Schools in the Great Lakes Area or other specific states within that region.

State Degrees Awarded
Michigan 1,493
Ohio 1,134
Indiana 880
Wisconsin 1,225

Economics Focus Areas

Major Annual Graduates
General Economics 25,066
Econometrics & Quantitative Economics 21,078
Applied Economics 550
Development Economics & International Development 535
International Economics 305
Other Economics 275

Notes and References

*These averages are for the top 11 schools only.

  • Read more about our ranking methodology.
  • 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 the rest 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).
  • Credit for the banner image above goes to pixabay.

More about our data sources and methodologies.

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