Illinois · Business/Managerial Economics

Best Business/Managerial Economics institutions in Illinois, ranked by earnings

The Business/Managerial Economics program focuses on applying economic methods to enhance organizational decision-making processes. It equips students with the tools to analyze the production, distribution, and consumption of goods and…

Institutions
8
offering CIP 52.06
States offered
9
with a program page
Degrees / yr
186
IPEDS completions 2026
Median grad earnings
$55,300
1 year after graduation
With earnings data
3
College Scorecard
Median net price
$23,461
IPEDS 2026
Avg graduation rate
70%
IPEDS 2026
State pay · Economists
$128,330
BLS OEWS 2024

Top 3 institutions, ranked by graduate earnings

Earnings = median 1 year after graduation (College Scorecard).

#InstitutionGrad earnings (1 yr)CompletionsGrad rateNet priceMedian debt
1Loyola University Chicago
Chicago Private not-for-profit · Bachelor's degree
$61,3332773%$33,454$21,574
2Wheaton College
Wheaton Private not-for-profit · Bachelor's degree
$55,3005385%$23,461$24,000
3DePaul University
Chicago Private not-for-profit · Bachelor's degree
$53,6823468%$28,141$21,666

Career outlook

What this program leads to: Economists (SOC 19-3011).

Projected growth (2024–2034)
+1.2%
Little or no change
Openings / yr (US)
~900
BLS Employment Projections
US median wage
$115,440
typically Master's degree

Top skills

Critical ThinkingMathematicsReading ComprehensionSpeakingActive ListeningWriting

What Economists earn in Illinois

Jobs in Illinois
590
BLS OEWS May 2024
State average pay
$128,330
median $112,790
Best-paying metro
$135,790
Chicago-Naperville-Elgin, IL-IN

Related careers

Management Analysts
$123,900 avg · 44,010 jobs
Financial Risk Specialists
$111,110 avg · 2,810 jobs
Economists
$128,330 avg · 590 jobs
Economics Teachers, Postsecondary
$128,650 avg · 520 jobs
Survey Researchers
$95,220 avg · 250 jobs

Common questions

Answers for students comparing Business/Managerial Economics programs in Illinois.

Which Business/Managerial Economics program in Illinois has the highest-earning graduates?+

By median earnings one year after graduation (College Scorecard), Loyola University Chicago tops the list at $61,333. Compare it against completions, graduation rate, cost, and debt in the ranked table above.

How much do Economists earn in Illinois?+

The average annual wage for Economists in Illinois is $128,330 (median $112,790), across about 590 jobs. Source: BLS OEWS, May 2024.

What is the focus of the Business/Managerial Economics program?+

The Business/Managerial Economics program focuses on applying economic methods to enhance organizational decision-making processes. It equips students with the tools to analyze the production, distribution, and consumption of goods and…

What skills will I develop in this program?+

You will develop critical thinking, mathematics, reading comprehension, speaking, and related professional skills.

What is the job outlook for Economists?+

The national job outlook is about +1.2% growth with around 900 annual openings (BLS Employment Projections 2024–2034).

What is the typical education requirement?+

A Master's degree is the typical entry-level education for this field (BLS).

Explore every U.S. college in one conversation

Clema turns plain-language questions into sourced answers across every U.S. institution — earnings, aid, acceptance, graduation, safety, and athletics from IPEDS, College Scorecard, and 10+ federal datasets, built in.

Free for teams up to 3 · No credit card