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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
$65,318 Avg Salary

Finding the Best Economics Master's Degree School for You

Economics is the #34 most popular major in Illinois with 384 degrees and certificates awarded in 2020-2021.

There are lots of options to pick from today when trying to decide which program is right for you. You're no longer limited to schools in your local area, either, since online programs are becoming more prevalent. Or you may find the programs at a trade school to be a better alternative for you.

The Best Economics Master's Degree Schools in Illinois ranking is one of many tools that Grad Degree Search has developed to help you make your educational decision. This report analyzed 11 schools in Illinois to see which ones offered the best master's degree programs for students. To come up with a school's ranking, we analyzed numerous factors related to post-graduation wages, the quality of education offered by the school, average accumulated student debt, and more.

View our full ranking methodology.

2023 Best Economics Master’s Degree Schools in Illinois

Check out the economics master's degree programs at these schools if you want to get the best education that money can buy.

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. Located in the city of Evanston, Northwestern is a private not-for-profit college with a very large student population.

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#2

University of Chicago

Chicago, IL

You’ll join some of the best and brightest minds around you if you attend University of Chicago. The school came in at #2 on this year’s Best Economics Master’s Degree Schools in Illinois list. UChicago is a large private not-for-profit school located in the large city of Chicago.

Full Economics at University of Chicago Report

A rank of #3 on this year’s list means University of Illinois at Urbana-Champaign is a great place for economics students working on their master’s degree. Located in the small city of Champaign, UIUC is a public school with a fairly large student population.

Full Economics at University of Illinois at Urbana-Champaign Report

You’ll join some of the best and brightest minds around you if you attend Illinois State University. The school came in at #4 on this year’s Best Economics Master’s Degree Schools in Illinois list. Illinois State is a fairly large public school located in the suburb of Normal.

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You’ll be in good company if you decide to attend Southern Illinois University Carbondale. It ranked #5 on our 2023 Best Economics Master’s Degree Schools in Illinois list. SIUC is a fairly large public school located in the small city of Carbondale.

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Western Illinois University ranked #6 on this year’s Best Economics Master’s Degree Schools in Illinois list. Located in the remote town of Macomb, WIU is a public college with a medium-sized student population.

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University of Illinois at Chicago came in at #7 in this year’s edition of the Best Economics Master’s Degree Schools in Illinois ranking. UIC is a very large public school located in the city of Chicago.

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Northern Illinois University did quite well in this year’s ranking of the best places for economics students to get a master’s degree. It came in at #8 on the list. NIU is a large public school located in the small suburb of Dekalb.

Read full report on Economics at Northern Illinois University

#9

DePaul University

Chicago, IL

DePaul University came in at #9 in this year’s edition of the Best Economics Master’s Degree Schools in Illinois ranking. Located in the large city of Chicago, DePaul is a private not-for-profit school with a fairly large student population.

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#10

Roosevelt University

Chicago, IL

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

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 231
Ohio 199
Indiana 97
Wisconsin 265

Economics is one of 12 different types of programs to choose from.

Related Major Annual Graduates
International Relations & National Security 5,010
Political Science & Government 2,664
Geography & Cartography 2,315
Sociology 1,907
Anthropology 1,446

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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