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Best Value Managerial Economics Schools in Illinois

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2023 Best Value Managerial Economics Schools in Illinois

Identifying Quality Schools at More Affordable Prices

10 Colleges
$33,555 Avg Tuition & Fees*
$50,021 Avg Salary

Finding the Best Business/Managerial Economics School for You

With 208 degrees and certificates handed out in 2020-2021, business/managerial economics is the #114 most popular major in Illinois.

There are lots of options to pick from today when trying to decide which program is right for you. With more and more schools offering online options, you could even register for a great program on the other side of the country. On top of that, there are a considerable number of trade schools that offer fast-track entry to many fields.

Along with in-depth profiles of schools and the programs they offer, Course Advisor has created the Best Value Managerial Economics Schools in Illinois to help you in your search for the best school for you. Our analysis looked at 10 schools in Illinois to see which programs offered the best value experiences for managerial economics students with the aim of identifying those quality schools that are more affordable than some of their counterparts.

When determining this ranking, we place a high emphasis on the school's quality as well as its sticker price. Even though a college may be affordable, it may not offer value. More specifically, we discount our quality score by the published tuition and fees charged by a school. This gives the cost per unit of quality for each college. The value is determined by how much quality your dollar buys.

Our calculations use out-of-state tuition and fees in our nationwide and regional rankings. Average in-state tuition and fees are used for our statewide rankings.

2023 Best Value Business/Managerial Economics Schools in Illinois

The colleges and universities below are the best value schools for managerial economics majors pursuing a .

Top 10 Best Business/Managerial Economics Schools

$13,297 Average Tuition & Fees

Our 2023 rankings named Western Illinois University the best value school in Illinois for business/managerial economics students. Located in the remote town of Macomb, WIU is a public college with a moderately-sized student population.

WIU undergraduate students pay an average of $13,297 in in-state tuition and fees each year.

Full Business/Managerial Economics at Western Illinois University Report

$11,496 Average Tuition & Fees

A rank of #2 on this year’s list means Southern Illinois University Edwardsville is a great value for business/managerial economics students. SIUE is a fairly large public school located in the suburb of Edwardsville.

SIUE undergraduate students pay an average of $11,496 in in-state tuition and fees each year. After completing their degree, managerial economics graduates from SIUE carry an average student debtload of $19,514.

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$15,240 Average Tuition & Fees

A rank of #3 on this year’s list means Southern Illinois University Carbondale is a great value for business/managerial economics students. SIUC is a large public school located in the small city of Carbondale.

The average tuition and fees for an in-state undergraduate at SIUC are $15,240 a year.

Read full report on Business/Managerial Economics at Southern Illinois University Carbondale

#4

Northwestern University

Evanston, IL
$60,768 Average Tuition & Fees

You’ll join some of the best and brightest minds around you if you attend Northwestern University. The school came in at #4 on this year’s Best Value Managerial Economics Schools in Illinois list. Located in the city of Evanston, Northwestern is a private not-for-profit school with a very large student population.

In-state tuition fees for undergraduate students at Northwestern are $60,768 per year.

Northwestern not only placed well in our value ranking, but it is also #1 on our Best Managerial Economics Schools in Illinois list.

Read full report on Business/Managerial Economics at Northwestern University

$40,820 Average Tuition & Fees

The excellent programs at Wheaton College Illinois helped the school earn the #5 place on this year’s ranking of the best business/managerial economics schools in Illinois. Wheaton College Illinois is a small private not-for-profit school located in the large suburb of Wheaton.

In-state tuition fees for undergraduate students at Wheaton College Illinois are $40,820 per year. Managerial Economics majors at Wheaton College Illinois take out an average of $21,500 in student loans while working on their egree.

As a testament to the quality of education it offers, Wheaton College Illinois also is in the top 15% of our Best Managerial Economics Schools in Illinois ranking.

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#6

Bradley University

Peoria, IL
$36,360 Average Tuition & Fees

With a ranking of #6, Bradley University did quite well on this year’s best value schools for business/managerial economics students. Located in the city of Peoria, Bradley is a private not-for-profit college with a medium-sized student population.

Bradley undergraduate students pay an average of $36,360 in in-state tuition and fees each year.

On top of its placing in our value ranking, Bradley also did well on our Best Managerial Economics Schools in Illinois list. It’s in the top 15% of all schools reviewed in this analysis.

Full Business/Managerial Economics at Bradley University Report

#7

Lewis University

Romeoville, IL
$35,472 Average Tuition & Fees

Lewis University ranked #7 on this year’s Best Value Managerial Economics Schools in Illinois list. Lewis is a moderately-sized private not-for-profit school located in the large suburb of Romeoville.

In-state tuition fees for undergraduate students at Lewis are $35,472 per year.

Full Business/Managerial Economics at Lewis University Report

$32,280 Average Tuition & Fees

Benedictine University came in at #8 in this year’s edition of the Best Value Managerial Economics Schools in Illinois ranking. Benedictine U is a small private not-for-profit school located in the suburb of Lisle.

In-state tuition fees for undergraduate students at Benedictine U are $32,280 per year.

Full Business/Managerial Economics at Benedictine University Report

#9

DePaul University

Chicago, IL
$42,012 Average Tuition & Fees

DePaul University ranked #9 on this year’s Best Value Managerial Economics Schools in Illinois list. Located in the city of Chicago, DePaul is a private not-for-profit school with a fairly large student population.

DePaul undergraduate students pay an average of $42,012 in in-state tuition and fees each year. Managerial Economics majors at DePaul take out an average of $22,000 in student loans while working on their egree.

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$47,808 Average Tuition & Fees

Loyola University Chicago landed the #10 spot in the 2023 rankings for the best value business/managerial economics programs. Located in the city of Chicago, Loyola Chicago is a private not-for-profit school with a fairly large student population.

The average tuition and fees for an in-state undergraduate at Loyola Chicago are $47,808 a year. Managerial Economics majors at Loyola Chicago take out an average of $22,000 in student loans while working on their egree.

In addition to its great value ranking, Loyola Chicago is in the top 20% of all schools on our Best Managerial Economics Schools in Illinois list.

Read full report on Business/Managerial Economics at Loyola University Chicago

Best Value Business/Managerial Economics Colleges in the Great Lakes Region

Explore all the Best Value Business/Managerial Economics Schools in the Great Lakes Area or other specific states within that region.

State Degrees Awarded
Michigan 77
Ohio 262
Indiana 0
Wisconsin 54

One of 21 majors within the area of study, business/managerial economics has other similar majors worth exploring.

Related Major Annual Graduates
Business Administration & Management 416,590
Accounting 99,265
Finance & Financial Management 57,778
General Business/Commerce 56,042
Marketing 52,916

Notes and References

*These averages are for the top 10 schools only.

  • 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).

More about our data sources and methodologies.

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