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Managerial Economics in Illinois

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Managerial Economics Schools in Illinois

249 Managerial Economics students earned their degrees in the state in 2020-2021.

In this state, Managerial Economics is the 114th most popular major out of a total 306 majors commonly available.

Education Levels of Managerial Economics Majors in Illinois

Managerial 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 managerial economics major is more popular with men than with women.

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Racial Distribution

The racial distribution of managerial 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%
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Jobs for Managerial Economics Grads in Illinois

2,490 people in the state and 43,090 in the nation are employed in jobs related to managerial economics.

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Wages for Managerial Economics Jobs in Illinois

Managerial Economics grads earn an average of $108,690 in the state and $116,020 nationwide.

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There are 10 colleges in Illinois that offer managerial economics degrees. Learn about the most popular 10 below:

65 Degrees in Major Awarded
87% Graduation Rate
2,908 Total Students

This school boasts a lower than average student loan default rate of 0.50%. Seeking financial aid? At this school, 94% of students receive it. Students who attend this private institution pay an average net price of $25,692.

49 Degrees in Major Awarded
74% Graduation Rate
16,893 Total Students

Students enjoy a student to faculty ratio of 14 to 1. 99% of students get financical aid. Students who attend this private institution pay an average net price of $36,434.

#3

DePaul University

Chicago
35 Degrees in Major Awarded
72% Graduation Rate
21,922 Total Students

This school boasts a lower than average student loan default rate of 3.70%. Of all the students who attend this school, 98% get financial aid. Graduates earn an average $51,054 after graduation.

16 Degrees in Major Awarded
47% Graduation Rate
12,860 Total Students

A typical student attending SIUE will pay a net price of $14,462. 93% of students are awarded financial aid at this school. In their early career, SIUE grads earn an average salary of $40,915.

#5

Lewis University

Romeoville
13 Degrees in Major Awarded
63% Graduation Rate
6,437 Total Students

Students enjoy a student to faculty ratio of 14 to 1. Students who attend this private institution pay an average net price of $19,074. 100% of students get financical aid.

10 Degrees in Major Awarded
78% Graduation Rate
5,855 Total Students

The 2.50% student loan default rate is lower than average. 66% of the teachers are full time. Students enjoy a student to faculty ratio of 14 to 1.

8 Degrees in Major Awarded
95% Graduation Rate
22,603 Total Students

Roughly six years after entering college, graduates of this school earn $67,867 a year. This private school has an average net price of $23,279. The student loan default rate is 0.60% which is lower than average.

6 Degrees in Major Awarded
46% Graduation Rate
7,490 Total Students

Most students complete their degree in 4.39 years. 93% of students are awarded financial aid at this school. 13 to 1 is the student to faculty ratio.

5 Degrees in Major Awarded
47% Graduation Rate
3,779 Total Students

The full-time teacher rate is 38%. In their early career, Benedictine U grads earn an average salary of $44,569. It takes the average student 4.30 years to graduate.

1 Degrees in Major Awarded
41% Graduation Rate
11,366 Total Students

97% of students get financical aid. It takes the average student 4.40 years to graduate. In their early career, SIUC grads earn an average salary of $39,852.

Managerial Economics Careers in IL

Some of the careers managerial economics majors go into include:

Job Title IL Job Growth IL Median Salary
Survey Researchers 8% $58,370
Economists 4% $104,230
Economics Professors 0% $110,310

Below are some popular majors in the state that are similar to managerial economics.

Major Annual Graduates in IL
Business Administration & Management 13,124
Management Sciences & Methods 4,786
Accounting 3,151
Marketing 2,122
Finance & Financial Management 1,970
Human Resource Management 1,254
Business & Commerce 877
Management Information Systems 564

View all majors related to Managerial Economics

View Nationwide Managerial Economics Report

References

More about our data sources and methodologies.

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