by our College Data Analytics TeamWe’ve pulled together the essential facts you should know about the program at University of Chicago. It is offered at the Bachelor’s level, with graduate study also available. It ranks as high as #1 out of 54 schools (Bachelor’s level) by College Factual. Jump to any of the following sections:
By College Factual’s measure, University of Chicago as a strong choice for economics, coming in at #4 out of 471 schools nationally.
| Ranking | Rank |
|---|---|
| Best Economics Schools | 4 of 471 |
| Best Economics Schools in Illinois | 1 of 14 |
| Best Economics Schools in the Great Lakes Region | 1 of 57 |
The following degree levels are available for economics at University of Chicago, along with how many graduates complete each level annually.
| Degree Level | Annual Graduates |
|---|---|
| Bachelor’s | 678 |
| Master’s | 74 |
| Doctoral | 41 |
| Graduate Certificate | 35 |
For the most recent IPEDS reporting year, University of Chicago awarded 678 bachelor’s degrees in economics.
University of Chicago is among the very best schools in the country for economics at the bachelor’s level. In particular it placed #1 out of 54 schools by College Factual.
| Ranking | Rank |
|---|---|
| Best Economics Bachelor’s Degree Schools in the Great Lakes Region | 1 |
| Best Economics Bachelor’s Degree Schools in Illinois | 1 |
| Best Economics Bachelor’s Degree Schools | 3 |
Economics graduates with a bachelor’s degree from University of Chicago go on to jobs where they make a median salary of $127,832 a year. This is above $98,855, the median for all majors at University of Chicago.
Earning a bachelor’s degree at University of Chicago, economics graduates take on a median debt of $13,197 in student loans. This is below $15,854, the typical median for all majors at University of Chicago.
Information about average full-time undergraduate tuition and fees is shown in the table below.
| In State | Out of State | |
|---|---|---|
| Tuition | $59,256 | $67,446 |
| Fees | $1,878 | $1,878 |
Learn more about University of Chicago tuition and fees.
In the most recent graduating class, 62% of economics bachelor’s degrees went to men and 38% went to women.
The majority of economics bachelor’s degree graduates at University of Chicago were Asian. Roughly 29% of graduates fell into this category.
The following table and chart show the ethnic background for students who recently graduated from University of Chicago with a bachelor’s in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 196 |
| Black or African American | 19 |
| Hispanic or Latino | 66 |
| White | 188 |
| Non-Resident Aliens | 167 |
| Other Races | 42 |
University of Chicago granted 678 bachelor’s degrees in econometrics and quantitative economics recently — 38% to women and 62% to men. The most common background among these graduates was Asian (29%).
You can also pursue this field at the graduate level at University of Chicago. The following graduate award levels are reported.
| Graduate Level | Annual Graduates |
|---|---|
| Master’s Degrees in Economics | 74 |
| Doctoral Degrees in Economics | 41 |
| Graduate Certificate Degrees in Economics | 35 |
