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Economics at University of Chicago

What traits are you looking for in a school for Economics, you may want to check out the program at University of Chicago. We’ve gathered the following information to help you decide.

University of Chicago sits in Chicago, IL.

For the most recent IPEDS reporting year, 828 economics degrees were granted at University of Chicago.

Studying Online at University of Chicago

Many students take online classes at University of Chicago. Among 18,566 students, 102 (1%) were enrolled entirely in distance education and 0 (0%) took at least some classes online.

Economics Rankings at University of Chicago

Rankings can help you compare University of Chicago’s Economics program to other colleges that offer this major.

Master’s-Level Rankings

Ranking	Scope	Rank
Best Schools (Quality)	Great Lakes (Region)	#2 of 57
Best Schools (Quality)	Illinois	#2 of 14
Best Schools (Quality)	Nationwide	#5 of 466
Best Value	Illinois	#6 of 14
Best Value	Great Lakes (Region)	#20 of 57
Best Value	Nationwide	#199 of 463

Doctoral-Level Rankings

Ranking	Scope	Rank
Best Schools (Quality)	Great Lakes (Region)	#2 of 57
Best Schools (Quality)	Illinois	#2 of 14
Best Schools (Quality)	Nationwide	#5 of 466
Best Value	Illinois	#6 of 14
Best Value	Great Lakes (Region)	#20 of 57
Best Value	Nationwide	#199 of 463

Earnings for Economics Graduates from University of Chicago

Those who finish University of Chicago’s Economics program report the following median earnings (per the U.S. Department of Education’s College Scorecard):

Years After Graduation	Median Earnings
1 year	$82,564
2 years	$85,637
3 years	$96,012
4 years	$127,832
5 years	$157,181

How does this compare to the school overall? Four years after graduating, Economics graduates from University of Chicago report median earnings of $127,832, compared with $98,855 for all University of Chicago graduates — about 29% higher than the school-wide median.

Median Debt at Graduation

The median debt for Economics graduates from University of Chicago is $13,197.

Student Demographics & Diversity

The following sections describe the student demographics for Economics graduates at University of Chicago, broken down by degree level.

Across all degree levels, Economics graduates at University of Chicago are 38% women (316) and 62% men (512).

Economics Bachelor’s Program at University of Chicago

Of the 678 bachelor’s economics graduates at University of Chicago, 38% were women (258) and 62% were men (420).

The following table and chart show the race/ethnicity of Economics bachelor’s degree recipients at University of Chicago.

Race / Ethnicity	Number of Graduates
White	188
Hispanic / Latino	66
Black / African American	19
Asian	196
American Indian / Alaska Native	1
Two or More Races	26
International (Nonresident)	167
Unknown	15

Minority students account for 45% of Economics bachelor’s degree recipients at University of Chicago, above the national average of 34%.*

Economics Master’s Program at University of Chicago

Of the 74 master’s economics degrees awarded at University of Chicago, 38% were women (28) and 62% were men (46).

The following table and chart show the race/ethnicity of Economics master’s degree recipients at University of Chicago.

Race / Ethnicity	Number of Graduates
White	15
Hispanic / Latino	1
Asian	4
Two or More Races	1
International (Nonresident)	52
Unknown	1

Minority students account for 8% of Economics master’s degree recipients at University of Chicago, lower than the national average of 14%.*

Economics Doctoral Program at University of Chicago

Among the 41 doctoral economics graduates at University of Chicago, 27% were women (11) and 73% were men (30).

The following table and chart show the race/ethnicity of Economics doctoral degree recipients at University of Chicago.

Race / Ethnicity	Number of Graduates
White	6
Hispanic / Latino	2
Asian	5
Two or More Races	2
International (Nonresident)	26

Minority students account for 22% of Economics doctoral degree recipients at University of Chicago, higher than the national average of 11%.*

*The racial-ethnic minorities figure is the total number of graduates minus White, international (nonresident), and unknown-race graduates.

More Specific Economics Concentrations at University of Chicago

This Economics program at University of Chicago offers more specialized concentrations:

Concentration	Graduates
General Economics	13
Quantitative Economics	793
International Economics	22

Top-Paying Careers for Economics Graduates

Those who complete Economics program at University of Chicago work across a variety of fields. The table below ranks the top-paying careers for Economics graduates, ordered by median annual salary:

Occupation	Nationwide Median Wage
Wind Energy Development Managers	$169,952
Loss Prevention Managers	$165,723
Business Intelligence Analysts	$143,840
Statisticians	$130,349
Market Research Analysts and Marketing Specialists	$124,518
Wind Energy Operations Managers	$122,567
Biostatisticians	$121,594
Compliance Managers	$117,178
Survey Researchers	$108,538
Data Scientists	$106,295

References

• IPEDS — Integrated Postsecondary Education Data System
• U.S. Department of Education — College Scorecard
• O*NET Online (Bureau of Labor Statistics)
• National Center for Education Statistics

More about our data sources and methodologies.