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Northern Illinois University

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Illinois

United States

The Bachelor of Science in Economics program at Northern Illinois University is a premier choice for students who aspire to delve into the vast and dynamic field of economics. This program is not only designed to impart a robust understanding of economic theories and practices but also integrates advanced analytical skills that are essential in today’s data-driven world. The curriculum is meticulously crafted to cover fundamental concepts while advancing into more specialized topics such as microeconomics, macroeconomics, econometrics, and international trade. Students will engage with real-world economic challenges through case studies, interactive assignments, and collaborative projects, fostering an environment of inquiry and practical learning.

Enrolled students will benefit from a diverse curriculum that spans across various facets of economics. Core courses include Introduction to Microeconomics, Introduction to Macroeconomics, Intermediate Micro and Macroeconomic Theory, and Econometrics. Students can choose electives that cater to their interests, such as Behavioral Economics, Environmental Economics, and Labor Economics, allowing them to tailor their educational journey. The program also emphasizes quantitative methods and statistical analysis, ensuring that graduates are well-equipped to analyze data, identify trends, and make informed decisions.

The faculty at Northern Illinois University is comprised of experienced professionals and scholars who are not only experts in their respective fields but also dedicated educators. They employ a variety of teaching methodologies, including lecture-based instruction, hands-on workshops, and group discussions. This multifaceted approach enhances the learning experience, ensuring that students are engaged and motivated. Faculty members are also involved in leading research initiatives and often encourage students to participate in ongoing projects, providing invaluable experience and mentorship.

Research opportunities abound at Northern Illinois University, with access to resources such as the Center for Economic Education, which provides numerous avenues for students to engage in empirical research. Students can collaborate with faculty on projects, contribute to publications, and even present findings at academic conferences. Additionally, the university's strong ties with various research institutions and think tanks amplify these opportunities, allowing students to gain real-world insights and enhance their understanding of applied economics.

Additionally, the program is closely linked with industry partners, offering an extensive network for internships and job placements. The university’s career services team actively supports students in securing internships that provide practical experience and enhance employability. Notable recruiters include prestigious companies such as Accenture, Deloitte, Amazon, and Goldman Sachs, among others. Graduates of this program have successfully launched their careers as analysts, consultants, and economists in various sectors, including finance, government, education, and research.

Alumni of the Bachelor of Science in Economics program at Northern Illinois University have gone on to achieve remarkable success. Many have secured influential positions in leading financial firms, non-profits, and governmental organizations. Testimonials from graduates highlight the program's rigorous training, the invaluable skills they acquired, and the supportive alumni network that continues to provide career guidance long after graduation. The program not only cultivates academic excellence but also fosters a sense of community and lifelong connections among its students and alumni.

Why Study Economics at Northern Illinois University

  • High-quality education with a rigorous curriculum that prepares students for various economic careers.
  • Access to experienced faculty who bring real-world insights and research experience into the classroom.
  • Opportunities for internships with leading companies that offer practical experience and enhance job readiness.
  • A vibrant alumni network that supports graduates in their career pursuits and provides mentorship opportunities.
  • Program flexibility with a range of electives that allow students to tailor their study to fit personal interests and career goals.

Admission to the Bachelor of Science in Economics program requires potential students to meet specific criteria, including a minimum GPA of 2.5 on a 4.0 scale and standardized test scores, such as 1100 on the SAT or 24 on the ACT. Furthermore, applicants are required to submit a well-crafted essay detailing their motivations for studying economics, along with a resume that highlights their academic and extracurricular achievements. The comprehensive admission process ensures that only those candidates who demonstrate a strong commitment and potential for success are accepted.

In conclusion, the Bachelor of Science in Economics program at Northern Illinois University stands out as a transformative educational experience. With a strong foundation in economic theory, practical research opportunities, and a supportive academic environment, students are equipped to thrive in the competitive job market. The program’s commitment to fostering analytical skills, along with its extensive industry connections and vibrant alumni network, position graduates for successful careers in economics and beyond.

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Duration

48 Months

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Median Salary

$52,000

Ranking

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#928

US World and News Report

Class Profile

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Class Size

100

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Average Age

22

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Average Work Experience

0 Years

Diversity

Asia:

10%

Europe:

20%

North America:

30%

International:

70%

United States:

30%

Illinois:

60%

Others:

40%

Career Outcomes

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Median Earnings After Graduation

$52,000 / year

Prospective Job Roles

Teacher

Operations Analyst

Financial Analyst

Accountant

Analyst

Investment Banker

Data Scientist

Business Consultant

Policy Analyst

Market Research Analyst

Writer

Research Assistant

Top recruiters

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Eligibility Criteria

English Proficiency Tests

  • PTE

    48

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Application Requirements

Here's everything you need to know to ensure a complete and competitive application—covering the key documents and criteria for a successful submission.

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    Transcript

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    Academic LOR

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Application Deadlines

Fees and Funding

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Tuition Fees

$21,240 / year

Funding Options

External Sources - Scholarships

Department Funding

To apply, submit a complete application for admission within a few weeks of the priority deadline for best results.

Scholarships

The Northern Illinois University offers a variety of scholarships for students majoring in economics. These scholarships are based on merit, financial need, and other criteria. Some of the most popular scholarships include the NIU Presidential Scholarship, the NIU Provost Scholarship, and the NIU Alumni Scholarship. To learn more about these scholarships and others, please visit the NIU Scholarships website.
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    NIU Alumni Scholarship

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    NIU Presidential Scholarship

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    NIU Provost Scholarship

FAQs

  • A student can complete Economics at Northern Illinois University with in 48.
  • The annual tuition fee to pursue Economics at Northern Illinois University is USD 21240.
  • The submission of these scores mainly depends on the type of degree/ course selected at the Northern Illinois University. For example, the GMAT test is required to take admission to an abroad graduate management program, the LSAT is required during an abroad Law School admission process, and more. Therefore, check Northern Illinois University requirements before submitting a score.
  • Economics can help Indian/ international students gain: 1. Quality and Practical Education 2. Global Recognition 3. International Exposure 4. Amazing Job Opportunities 5. Experience of Lifetime and more
  • If a student fulfils all the eligibility criteria and admission requirements of Northern Illinois University, they can easily pursue Economics. The basic eligibility criteria include the following: 1. A GPA above 3 2. Well-written Statement of Purpose 3. An impressive Letter of Recommendation 4. A Work Experience Certificate (if required) 5. A Statement of Financial Proof 6. Academic Transcripts 7. Valid Visa, etc.
  • An MS degree at Northern Illinois University can usually be completed in 2 years. However, many universities offer a 1-year master’s specialisation as well. You can explore the official Northern Illinois University website to check the course/ degree duration.
  • One can apply for scholarships to pursue their international education at Northern Illinois University by: 1. Looking for country-specific scholarships by contacting the specific scholarship institutions. 2. Applying to or finding out if any subject-specific scholarships are available from the university website/ department.

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