Economics and Policy (B.S.)
The Bachelor of Science in Economics and Policy degree is an innovative, cross-disciplinary program that provides students with the analytical and policy knowledge and skills that they need to tackle major challenges in economics and public policy, such as fostering equitable and sustainable economic development and addressing the effects of globalization on economic, social, and environmental changes.
The program’s STEM-oriented curriculum is taught by world-class faculty from Illinois Institute of Technology’s Stuart School of Business and Lewis College of Science and Letters, providing exposure to disciplinary cores in economics, business, and the social sciences, as well as the opportunity to learn from subject matter experts from both colleges.
Courses in political science, economics, statistics, econometrics, political economy, organizational theory, and program evaluation are designed to develop the critical thinking, quantitative, and research skills that enable students to investigate and analyze complex economic and policy issues and to design effective data-driven solutions.
Through Illinois Tech’s one-of-a-kind Elevate program, you are guaranteed access to hands-on experiences—such as internships, group projects, and faculty-led research—where you connect your classroom learning with real-world practice. You also receive mentoring to guide your academic studies and to prepare you to land a great job when you graduate.
Chicago is an international business and financial center, with a diverse metro area economy that includes a wide range of governmental and nonprofit entities engaged at the local, state, and national levels. With Illinois Tech’s extensive connections, you’ll have access to remarkable resources for internships, networking, and employment opportunities.
Intakes
- Jan
- May
- Aug
Application Processing Time in Days: 30
Minimum English Language Requirements
| English Level Description | IELTS (1.0 -9.0) | TOEFL IBT (0-120) | TOEFL CBT (0-300) | PTE (10-90) | |
|---|---|---|---|---|---|
| Expert | 9 | 120 | 297-300 | 86-90 | |
| Very Good | 8.5 | 115-119 | 280-293 | 83-86 | |
| Very Good | 8 | 110-114 | 270-280 | 79-83 | |
| Good | 7.5 | 102-109 | 253-267 | 73-79 | |
| Good | 7 | 94-101 | 240-253 | 65-73 | |
| Competent | 6.5 | 79-93 | 213-233 | 58-65 | |
| Competent | 6 | 60-78 | 170-210 | 50-58 | |
| Modest | 5.5 | 46-59 | 133-210 | 43-50 | |
| Modest | 5 | 35-45 | 107-133 | 36-43 | |
| Limited | 4 | 32-34 | 97-103 | 30-36 | |
| Extremely Limited | < 4 | < 31 | < 93 | < 30 |
Job Opportunity Potential
B.S. in Economics and Policy graduates are well prepared for a variety of private and public sector careers as economists, managers, and leaders at businesses, governmental entities, nonprofit organizations, and non-governmental organizations around the world, such as:
Management analysts or consultant
Economist
Policy analyst
Social science researcher
Economic development researcher and analyst
PSW Opportunity
Post-Study Work visa or permit, allowing international students on F-1 visas to work in the US after completing their studies, typically through Optional Practical Training (OPT).
Eligibility:
To be eligible for OPT, students must have been enrolled full-time in a US educational institution for at least one academic year and be seeking work related to their major.
Duration:
Students can apply for up to 12 months of OPT, either before they finish their studies (pre-completion) or after graduation (post-completion).
STEM OPT:
Students in STEM (Science, Technology, Engineering, and Mathematics) fields can apply for an extended OPT period of up to 24 months.
Contact our PSA counselor for more information
Admission Requirement / Eligibility Criteria
First-year applicants are currently enrolled in secondary school, or have completed secondary school and have not attended an institute of higher education outside of their secondary school experience.
This includes students who have taken A-levels or studied in an Advanced Placement (AP) or International Baccalaureate (IB) curriculum, as long as they have not completed university coursework. Sometimes these students are also referred to as freshmen, regardless of their class standing upon entering the university.
Official SAT I and ACT Test Scores (Optional): In response to the challenges created by COVID-19, Illinois Tech will not require standardized tests for undergraduate applicants in spring 2021 and fall 2021. This policy applies to all first-year, transfer, and international applicants and all merit scholarship considerations. Students who do not submit standardized scores will not be disadvantaged in the application process.
Students may be asked to take a math placement exam to determine course readiness if they are applying to a more rigorous academic program.
For students who have already taken the SAT I or ACT and want to submit standardized test scores, your test scores will be considered supplemental information in your application. Illinois Tech's SAT code is 1318; the ACT code is 1040. Illinois Tech will super score any official scores that are submitted.
Provide Illinois Tech an official copy of the English proficiency Duolingo English Test, TOEFL or IELTS score report. The TOEFL code to send your scores to Illinois Tech is 1318. Duolingo English Test can be submitted directly by indicating Illinois Institute of Technology.
TOEFL iBT: 80
IELTS: 6.5
Duolingo: 115
International applicants who are interested in attending Illinois Tech, and who meet academic and financial requirements but do not meet the minimum English proficiency requirements, may be offered conditional admission.
Admission with additional English language courses: Applicants are offered admission on the condition that they enroll concurrently in English language courses alongside their other university courses, as determined by our English Language Services department.
Admission after completion of the Intensive English program: Applicants are offered admission on the condition that they first complete the Intensive English program. Students who are offered this admission path are automatically admitted to Illinois Tech's Intensive English Program.
- Course Type: Full Time
- Course Level: Bachelors/UG Degree
- Duration: 04 Year
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Total Tuition Fee:
206592 USD
Average Cost of Living: 14000 USD /year
Application Fee: N/A
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