2022 Best Value Master’s Degree Colleges for General Business Administration and Management (Income $0-$30k) in Illinois
With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Business Administration Schools for a Master’s in Illinois For Those Making $0-$30k” ranking is part of that endeavor.
In 2019-2020, 343,202 general business administration and management students received their degree, making the major the 1st most popular in the country.
Across Illinois, there were 9,654 general business administration and management graduates with average earnings and debt of $0 and $0 respectively. At the master’s degree level specifically, there were 5,125 general business administration and management graduates with average earnings and debt of $57,267 and $46,814 respectively.
For this year’s “Best Value Business Administration Schools for a Master’s in Illinois For Those Making $0-$30k” ranking, we looked at 36 colleges that offer a degree in general business administration and management. This ranking identifies schools with high-quality general business administration and management programs that also have a lower cost than schools of similar quality.
To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the general business administration and management program at the school. Check out our ranking methodology for more information.
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More Ways to Rank General Business Administration and Management Schools
The business administration school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Business Administration Schools for a Master’s in Illinois For Those Making $0-$30k”.
We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to you. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.
Best Value Business Administration Schools for a Master’s in Illinois For Those Making $0-$30k
The following schools top our list of the Best Best Value Business Administration Schools for a Master’s in Illinois For Those Making $0-$30k.
Top 25 Best Value Master’s Degree Colleges for General Business Administration and Management (Income $0-$30k) in Illinois
You’ll be in good company if you decide to attend Northwestern University. It ranked #1 on our 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $0-$30k list. This large school is located in Evanston, Illinois, and it awarded 306 masters’s business administration degrees in 2019-2020.
In addition to being on our illinois master’s degree business administration students whose families make $0-$30k list, Northwestern has also earned the #1 rank in our “Best General Business Administration and Management Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Northwestern are $56,567, but you may pay more or less depending on your major.
Read more about General Business Administration and Management at Northwestern
Out of the 36 schools in the Best Value Business Administration Schools for a Master’s in Illinois For Those Making $0-$30k that were part of this year’s ranking, University of Chicago landed the #2 spot on the list. University of Chicago is a fairly large private not-for-profit school situated in Chicago, Illinois. It awarded 228 masters’s business administration degrees in 2019-2020.
As a testament to the quality of education offered at UChicago, the school also landed the #3 spot in our “Best General Business Administration and Management Master’s Degree Schools in Illinois” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Chicago are $61,548.
Read full report on General Business Administration and Management at University of Chicago
You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #3 on our 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $0-$30k list. UIUC is a large school located in Champaign, Illinois that handed out 695 masters’s business administration degrees in 2019-2020.
In addition to being on our illinois master’s degree business administration students whose families make $0-$30k list, UIUC has also earned the #2 rank in our “Best General Business Administration and Management Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at University of Illinois at Urbana-Champaign are $30,083, but you may pay more or less depending on your major.
Read full report on General Business Administration and Management at UIUC
You’ll be in good company if you decide to attend University of Illinois at Chicago. It ranked #4 on our 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $0-$30k list. UIC is a large school located in Chicago, Illinois that handed out 198 masters’s business administration degrees in 2019-2020.
As a testament to the quality of education offered at UIC, the school also landed the #10 spot in our “Best General Business Administration and Management Master’s Degree Schools in Illinois” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UIC are $27,036.
Read more about General Business Administration and Management at UIC
You’ll join some of the best and brightest minds around if you attend Southern Illinois University Edwardsville. The school came in at #5 for the Best Value Business Administration Schools for a Master’s in Illinois For Those Making $0-$30k. SIUE is a fairly large school located in Edwardsville, Illinois that handed out 80 masters’s business administration degrees in 2019-2020.
Although you might pay more or less depending on your area of study, average graduate tuition and fees at SIUE are $9,300.
Full Southern Illinois University Edwardsville General Business Administration and Management Report
With a ranking of #6, Northern Illinois University did quite well on the 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $0-$30k list. NIU is located in Dekalb, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 146 masters’s business administration degrees to qualified students.
In addition to being on our illinois master’s degree business administration students whose families make $0-$30k list, NIU has also earned the #13 rank in our “Best General Business Administration and Management Master’s Degree Schools in Illinois” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Northern Illinois University are $11,086.
Read full report on General Business Administration and Management at NIU
With a ranking of #7, Governors State University did quite well on the 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $0-$30k list. University Park, Illinois is the setting for this small institution of higher learning. The public school handed out masters’s business administration degrees to 23 students in 2019-2020.
Average graduate tuition and fees at GSU are $14,674, but some majors have different tuition rates.
Full Governors State University General Business Administration and Management Report
With a ranking of #8, University of Illinois at Springfield did quite well on the 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $0-$30k list. UIS is a small public school situated in Springfield, Illinois. It awarded 35 masters’s business administration degrees in 2019-2020.
Average graduate tuition and fees at University of Illinois at Springfield are $16,757, but you may pay more or less depending on your major.
Illinois State University ranked #9 on this year’s Best Value Business Administration Schools for a Master’s in Illinois For Those Making $0-$30k list. Illinois State is located in Normal, Illinois and, has a large student population. In 2019-2020, this school awarded 104 masters’s business administration degrees to qualified students.
Illinois State also took the #9 spot in our “Best General Business Administration and Management Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Illinois State University are $11,069, but some majors have different tuition rates.
Read full report on General Business Administration and Management at Illinois State
Saint Xavier University ranked #10 on this year’s Best Value Business Administration Schools for a Master’s in Illinois For Those Making $0-$30k list. Located in Chicago, Illinois, this small private not-for-profit school handed out 18 degrees to qualified masters’s business administration students in 2019-2020.
Average graduate tuition and fees at Saint Xavier University are $15,450, but you may pay more or less depending on your major.
Full Saint Xavier University General Business Administration and Management Report
Aurora University did quite well in the 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $0-$30k ranking, coming in at #11. Located in Aurora, Illinois, this medium-sized private not-for-profit school awarded 146 degrees to qualified masters’s business administration students in 2019-2020.
In addition to being on our illinois master’s degree business administration students whose families make $0-$30k list, Aurora has also earned the #15 rank in our “Best General Business Administration and Management Master’s Degree Schools in Illinois” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Aurora University are $13,200.
Full Aurora General Business Administration and Management Report
Lewis University landed the #12 spot on the 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $0-$30k ranking. Located in Romeoville, Illinois, this medium-sized private not-for-profit school awarded 100 diplomas to qualified masters’s business administration students in 2019-2020.
Lewis did well in our major quality rankings, too. It placed #11 on our “Best General Business Administration and Management Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at Lewis are $14,780, but you may pay more or less depending on your major.
Full Lewis General Business Administration and Management Report
Eastern Illinois University landed the #13 spot on the 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $0-$30k ranking. Located in Charleston, Illinois, this medium-sized public school awarded 36 degrees to qualified masters’s business administration students in 2019-2020.
Average graduate tuition and fees at EIU are $20,761, but you may pay more or less depending on your major.
Full EIU General Business Administration and Management Report
University of St Francis landed the #14 spot on the 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $0-$30k ranking. University of St Francis is a private not-for-profit institution located in Joliet, Illinois. The school has a small population, and it awarded 55 masters’s degrees in 2019-2020.
In addition to being on our illinois master’s degree business administration students whose families make $0-$30k list, University of Saint Francis has also earned the #21 rank in our “Best General Business Administration and Management Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at University of Saint Francis are $13,839, but you may pay more or less depending on your major.
Read more about General Business Administration and Management at University of Saint Francis
Western Illinois University landed the #15 spot on the 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $0-$30k ranking. WIU is a medium-sized school located in Macomb, Illinois that handed out 36 masters’s business administration degrees in 2019-2020.
In addition to being on our illinois master’s degree business administration students whose families make $0-$30k list, WIU has also earned the #23 rank in our “Best General Business Administration and Management Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at WIU are $11,996, but you may pay more or less depending on your major.
Read full report on General Business Administration and Management at Western Illinois University
Southern Illinois University Carbondale landed the #16 spot on the 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $0-$30k ranking. SIUC is a public institution located in Carbondale, Illinois. The school has a fairly large population, and it awarded 43 masters’s degrees in 2019-2020.
Average graduate tuition and fees at Southern Illinois University Carbondale are $32,928, but you may pay more or less depending on your major.
Read full report on General Business Administration and Management at SIUC
Elmhurst University came in at #17 in this year’s edition of the Best Value Business Administration Schools for a Master’s in Illinois For Those Making $0-$30k ranking. This small school is located in Elmhurst, Illinois, and it awarded 68 masters’s business administration degrees in 2019-2020.
As a testament to the quality of education offered at Elmhurst, the school also landed the #8 spot in our “Best General Business Administration and Management Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Elmhurst are $32,300, but you may pay more or less depending on your major.
Read full report on General Business Administration and Management at Elmhurst University
With a ranking of #18, Bradley University did quite well on the 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $0-$30k list. Peoria, Illinois is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out masters’s business administration degrees to 25 students in 2019-2020.
Bradley did well in our major quality rankings, too. It placed #6 on our “Best General Business Administration and Management Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at Bradley are $17,040, but some majors have different tuition rates.
Read more about General Business Administration and Management at Bradley
Millikin University landed the #19 spot on the 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $0-$30k ranking. Decatur, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out masters’s business administration degrees to 26 students in 2019-2020.
Millikin not only placed well in this ranking. It is also #19 on our “Best General Business Administration and Management Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at Millikin University are $23,733, but you may pay more or less depending on your major.
Full Millikin General Business Administration and Management Report
McKendree University landed the #20 spot on the 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $0-$30k ranking. Lebanon, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out masters’s business administration degrees to 61 students in 2019-2020.
Although you might pay more or less depending on your area of study, average graduate tuition and fees at McKendree University are $9,324.
Full McKendree General Business Administration and Management Report
Illinois Institute of Technology came in at #21 in this year’s edition of the Best Value Business Administration Schools for a Master’s in Illinois For Those Making $0-$30k ranking. This medium-sized school is located in Chicago, Illinois, and it awarded 19 masters’s business administration degrees in 2019-2020.
As a testament to the quality of education offered at Illinois Tech, the school also landed the #17 spot in our “Best General Business Administration and Management Master’s Degree Schools in Illinois” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Illinois Institute of Technology are $30,695.
Full Illinois Institute of Technology General Business Administration and Management Report
With a ranking of #22, Judson University did quite well on the 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $0-$30k list. This small school is located in Elgin, Illinois, and it awarded 33 masters’s business administration degrees in 2019-2020.
As a testament to the quality of education offered at Judson, the school also landed the #18 spot in our “Best General Business Administration and Management Master’s Degree Schools in Illinois” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Judson are $18,900.
Read more about General Business Administration and Management at Judson
North Park University came in at #23 in this year’s edition of the Best Value Business Administration Schools for a Master’s in Illinois For Those Making $0-$30k ranking. Located in Chicago, Illinois, this small private not-for-profit school handed out 51 degrees to qualified masters’s business administration students in 2019-2020.
North Park also made our “Best General Business Administration and Management Master’s Degree Schools in Illinois” list, coming in at #22. Average graduate tuition and fees at North Park University are $14,076, but some majors have different tuition rates.
Read more about General Business Administration and Management at North Park University
Dominican University ranked #24 on this year’s Best Value Business Administration Schools for a Master’s in Illinois For Those Making $0-$30k list. River Forest, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out masters’s business administration degrees to 38 students in 2019-2020.
Although you might pay more or less depending on your area of study, average graduate tuition and fees at Dominican University are $20,884.
Read full report on General Business Administration and Management at Dominican University
National Louis University ranked #25 on this year’s Best Value Business Administration Schools for a Master’s in Illinois For Those Making $0-$30k list. Chicago, Illinois is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out masters’s business administration degrees to 46 students in 2019-2020.
Although you might pay more or less depending on your area of study, average graduate tuition and fees at NLU are $12,096.
Full National Louis University General Business Administration and Management Report
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Notes and References
References
- The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
- Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
- Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.
Read more about our data sources and methodologies
Footnotes
- *Average salary, average net price, and average tuition and fees are for the top schools only.
- Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.
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