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Home > Study in USA > Illinois Institute of Technology - Downtown Campus > Bachelor of Science in Economics and Policy (STEM)

Bachelor of Science in Economics and Policy (STEM) Illinois Institute of Technology - Downtown Campus Illinois Institute of Technology - Downtown Campus, USA

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USD 51648

Annual Tuition Fee

!
*Subject to change and other fees
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 Free

Application Fee

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48 months

Duration

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6.5

IELTS

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80

TOEFL

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70%

Min GPA

Program Overview

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.

STEM-Designated Program

This is a STEM-designated program, and international graduates of the program are eligible to apply for an extension for Optional Practical Training, which allows selected students to stay and work in the United States for up to three years after graduation.

Program Overview

The B.S. in Economics and Policy program is designed to develop students’ analytical, quantitative, and research skills as well as expertise in economics and public policy that will equip them to develop and analyze effective economic, social, and environmental policies. Graduates are prepared to advance as managers and leaders in fulfilling careers in the public, private, and nonprofit sectors, as well as to pursue graduate study.

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Additional Information

Program Level 4-Year Bachelor's Degree

College/University Processing Time 28 Days

Program Format Full-Time

Optional Practical Training (OPT) work permit

Program Intake

Open

Aug 2026

Closed

Jan 2026

General Admission Requirement

    Academic Requirement

    • Minimum Level of Education Required: To be accepted into this program, applicants must have Grade 12 / High School Diploma.

    6.5 IELTS Score
    80 TOEFL Score Minimum Overall Score
    115 Duolingo Minimum Overall Score
    1200 Sat Minimum Overall Score
    70% CGPA Minimum Overall Score

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    Tuition Fee

    The values given below are estimated figures, excluding extra charges like material fee, student activity fees, athletic fees, health care, etc., for courses. To know more, please visit the page.

    Average Tuition Fee Per Year

    51648

    Tuition Fee
    (USD)

     Free

    Application Fee
    (USD)

    12000 Per year

    Average Cost of Living
    (USD)

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    The living costs include the total expenses per month, covering accommodation, public transportation, utilities (electricity, internet), books and groceries.

    for more information about funding options.

    Scholarships

    Type of Scholarship Scholarship Information Amount/ Range
    International Undergraduate Student Scholarships International Undergraduate Student Scholarships Criteria:
    Open to international first-year and transfer students.
    No separate application required; considered automatically upon admission.
    Based on academic success, community involvement, and other achievements.
    Note: International students must submit a Financial Affidavit of Support to demonstrate their ability to finance their education.

    LINK: https://www.iit.edu/admissions-aid/tuition-and-aid/scholarships
    International Undergraduate Student Scholarships Amount: $40,000–$100,000 over four years.

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