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Where To Earn The Best Chicago Economics MBA Degree

Chicago Economics MBA

Pursuing an MBA is a great choice for business professionals looking for a strong foundation of business knowledge and for the chance to demonstrate leadership skills and take on management roles. However, while the MBA degree is often pitched as a more general and all-encompassing business education, the chance to concentrate or specialize your MBA allows students to have strong foundational knowledge while still proving to be an expert on a particular topic.

MBAs looking to further their education and experience in the field of economics will find a number of opportunities to specialize their degree.

Where To Earn The Best Chicago Economics MBA Degree

Booth School of Business – The University of Chicago

The full-time MBA program at the University of Chicago’s Booth School of Business offers the chance for students to concentrate their MBA studies in economics. Through the program, students will learn many economics concepts which originated in Chicago, such as consumption as a function of permanent income and the monetary approach to international finance.

An Economics MBA at Booth also gives students many opportunities for connecting with the community outside of the classroom. With events like the Becker Brown Bag Series—an informal gathering and discussion for professional economists and MBA students—or the Annual Conference on Chicago Economics, students have a chance to network and further develop their education within the economics field.

Below are just a few courses available to students in the Economics MBA at Booth:

  • International Financial Policy
  • Advanced Microeconomic Analysis
  • Money and Banking
  • Macroeconomics
  • Sports Analytics

Kellogg School of Management – Northwestern University

The Kellogg School of Management at Northwestern offers an economics major as part of its full-time MBA program. The major combines a number of courses from different fields within the program, focusing primarily on economic methodology and applications. According to the Kellogg website, “the major is helpful for those desiring additional depth and economic perspective to complement majors such as Finance, Marketing, Strategy or Operations”.

Majoring in economics requires students to complete or waive the core MBA course requirements, and complete at least four credits from the eligible economics courses, which among others include:

  • Decision Making & Modeling
  • Values Based Leadership
  • Pricing Strategies
  • Public Economics for Business Leaders: Federal Policy/State and Local Policy

Kellstadt Graduate School of Business – DePaul University

At DePaul University’s Kellstadt Graduate School of Business, students may opt to pursue an MBA in Applied Economics. This concentration allows students to focus on the decision-making processes which define businesses within a market system, allowing for a deeper understanding “of the fundamentals that govern economic activity.” Alumni from the Applied Economics MBA have gone on to careers in a range of fields, such as insurance, finance, investing, utilities, retailing and consulting.

The Applied Economics program requires students to take a number of core MBA credits, with the time for completion depending on whether they are in the full-time Cohort MBA or the Evening/Flexible MBA program. For the economics concentration, students may choose between two possible tracks, Applied Microeconomics and Policy Anlaysis or The Economic Environment. Between the two tracks, students may choose from classes such as:

  • Research Methods for Policy Analysis
  • Economics of the Public Sector
  • Money and Financial Systems
  • Competition, Strategy and Policy

Liautaud Graduate School of Business – University of Illinois at Chicago

The MBA program at the Liautaud Graduate School of Business offers a number of different concentration opportunities for students, including a focus in economics. This program focuses on providing students with an in-depth examination of how businesses and consumers function, with a particular focus on health, urban issues and education.

The Liautaud MBA is offered in a number of formats, such as the full-time, Accelerated, Flexible MBA and a Weekend MBA. The core curriculum consists of 26 credits of core courses, with 28 credits for electives. Courses in the economics concentration may include:

  • Managerial Economics
  • Labor Economics
  • Econometrics
  • International Economics for Business

Quinlan School of Business – Loyola University

The Quinlan School of Business at Loyola University offers an MBA with an economics concentration. Providing students with a “hands-on approach with a global perspective on current economic and business issues,” the program offers students the chance to take three economics electives in addition to their core MBA courses. Among others, class options include:

  • Game Theory and Strategy
  • Derivative Securities
  • Business Fluctuations
  • Independent Study in Economics

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About the Author


Alanna Shaffer

Staff Writer, covering MetroMBA's news beat for Atlanta, Houston, and Dallas.


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