Business Economics Schools in Illinois
In 2020-2021, 249 students earned their Business Economics degrees in IL.
As a degree choice, Business Economics is the 17th most popular major in the state.
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Education Levels of Business Economics Majors in Illinois
Business Economics majors in the state tend to have the following degree levels:
| Education Level | Number of Grads |
|---|---|
| Bachelor’s Degree | 200 |
| Award Taking 2 to 4 Years | 41 |
| Award Taking 1 to 2 Years | 41 |
| Doctor’s Degree (Research / Scholarship) | 5 |
| Doctor’s Degree (Professional Practice) | 5 |
| Doctor’s Degree (Other) | 5 |
| Master’s Degree | 3 |
Gender Distribution
In Illinois, a business economics major is more popular with men than with women.
Racial Distribution
The racial distribution of business economics majors in Illinois is as follows:
- Asian: 15.3%
- Black or African American: 2.8%
- Hispanic or Latino: 8.4%
- White: 55.8%
- Non-Resident Alien: 11.6%
- Other Races: 6.0%
Jobs for Business Economics Grads in Illinois
2,490 people in the state and 43,090 in the nation are employed in jobs related to business economics.
Wages for Business Economics Jobs in Illinois
In this state, business economics grads earn an average of $108,690. Nationwide, they make an average of $116,020.
Most Popular Business Economics Programs in IL
There are 10 colleges in Illinois that offer business economics degrees. Learn about the most popular 10 below:
Of all the teachers who work at the school, 71% are considered full time. The student to faculty ratio is 10 to 1. 94% of students get financical aid.
14 to 1 is the student to faculty ratio. The 2.70% student loan default rate is lower than average. An average student at Loyola Chicago will pay a net price of $36,434.
98% of students are awarded financial aid at this school. In their early career, DePaul grads earn an average salary of $51,054. The 3.70% student loan default rate is lower than average.
Students enjoy a student to faculty ratio of 16 to 1. The full-time teacher rate is 72%. The 5.20% student loan default rate is lower than average.
The full-time teacher rate is 42%. This school boasts a lower than average student loan default rate of 2.00%. Most students complete their degree in 4.27 years.
Seeking financial aid? At this school, 100% of students receive it. The full-time teacher rate is 66%. It takes the average student 4.24 years to graduate.
Grads earn an average early-career salary of $67,867 after earning their degree at this institution. The student loan default rate of 0.60% is a good sign that graduates can afford their loan payments. Of all the students who attend this school, 66% get financial aid.
The student to faculty ratio is 13 to 1. A typical student attending WIU will pay a net price of $15,305. Of all the teachers who work at the school, 88% are considered full time.
Graduates earn an average $44,569 after graduation. The average student takes 4.30 years to complete their degree at Benedictine U. An average student at Benedictine U will pay a net price of $25,698.
This public college charges it's students an average net price of $16,285. The average student takes 4.40 years to complete their degree at SIUC. Of all the teachers who work at the school, 81% are considered full time.
Business Economics Careers in IL
Some of the careers business economics majors go into include:
| Job Title | IL Job Growth | IL Median Salary |
|---|---|---|
| Economists | 4% | $104,230 |
| Economics Professors | 0% | $110,310 |
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References
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