by our College Data Analytics TeamBelow are the key facts about the program, including how many students graduate each year, the diversity of these students, average starting salaries, and more. Also, learn how UIC ranks among other schools offering degrees in economics.
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UIC ranks competitively among schools offering economics. More specifically it was ranked #217 out of 377 schools by College Factual. It is also ranked #6 in Illinois.
| Ranking Type | Rank |
|---|---|
| Best Value Economics Bachelor’s Degree Schools in Illinois | 1 |
| Best Value Economics Schools in Illinois | 1 |
| College Major Best Value | 1 |
| Best Value Economics Bachelor’s Degree Schools in the Great Lakes Region | 3 |
| Best Value Economics Schools in the Great Lakes Region | 3 |
| College Major Best Value | 3 |
| Best Economics Bachelor’s Degree Schools in Illinois | 6 |
| Best Economics Schools in Illinois | 6 |
| College Major Top Ranked | 6 |
| Best Economics Bachelor’s Degree Schools in the Great Lakes Region | 23 |
| Best Economics Schools in the Great Lakes Region | 24 |
| College Major Top Ranked | 24 |
For the most recent IPEDS reporting year, University of Illinois Chicago awarded 56 bachelor’s degrees in economics.
Economics students who finish a bachelor’s at UIC go on to jobs where they make a median salary of $63,369 a year. This is lower than $73,881, the median for all majors at UIC.
To complete a bachelor’s at UIC, economics graduates take on a median debt of $19,002 in student loans. This is lower than $20,119, the typical median for all majors at UIC.
Average full-time tuition and fees are listed in the table below.
| In State | Out of State | |
|---|---|---|
| Tuition | $10,776 | $28,849 |
| Fees | $3,160 | $3,160 |
Find out more about UIC tuition and fees.
In the most recent graduating class, 64% of economics bachelor’s degrees went to men and 36% went to women.
The majority of economics bachelor’s degree graduates at UIC were White. Roughly 30% of graduates fell into this category.
The following table and chart show the ethnic background for students who recently graduated from University of Illinois Chicago with a bachelor’s in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 11 |
| Black or African American | 4 |
| Hispanic or Latino | 15 |
| White | 17 |
| Non-Resident Aliens | 5 |
| Other Races | 4 |
For the most recent academic year available, 67% of economics master’s degrees went to men and 33% went to women.
The majority of economics master’s degree graduates at UIC were White. Approximately 67% of graduates fell into this category.
The following table and chart show the ethnic background for students who recently graduated from University of Illinois Chicago with a master’s in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 1 |
| Black or African American | 0 |
| Hispanic or Latino | 0 |
| White | 4 |
| Non-Resident Aliens | 0 |
| Other Races | 1 |
Among recent graduates, 44% of economics doctoral degrees went to men and 56% went to women.
The majority of economics doctoral degree graduates at UIC are Non-Resident Alien. About 56% of graduates fell into this category.
The following table and chart show the ethnic background for students who recently graduated from University of Illinois Chicago with a doctoral in economics.
| Ethnic Background | Number of Students |
|---|---|
| Asian | 1 |
| Black or African American | 0 |
| Hispanic or Latino | 0 |
| White | 2 |
| Non-Resident Aliens | 5 |
| Other Races | 1 |
Review the following statistics on the composition of the economics majors at University of Illinois Chicago.
This economics program at UIC offers the following related majors:
| Concentration | Annual Graduates |
|---|---|
| Econometrics and Quantitative Economics | 15 |
UIC conferred 15 completions in econometrics and quantitative economics in the most recent reporting year — 47% to women and 53% to men. The most common background among these graduates was White (40%).