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2022 Best Value Bachelor’s Degree Colleges for General Business Administration and Management (Income $48-$75k) in Illinois

34 Ranked Colleges
3,003 Degrees Awarded
Best Value Business Administration Schools for a Bachelor's in Illinois For Those Making $48-$75k

Students have lots of options to chooose from today when trying to decide which college to attend. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $48-$75k” ranking is one tool we have developed to help in this regard.

With 343,202 degrees handed out in 2019-2020, general business administration and management is the 1st most popular major in the United States.

Across Illinois, there were 9,654 general business administration and management graduates with average earnings and debt of $0 and $0 respectively. At the bachelor’s degree level specifically, there were 3,003 general business administration and management graduates with average earnings and debt of $38,319 and $24,183 respectively.

This year’s “Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $48-$75k” ranking looked at 34 colleges that offer degrees in a bachelor’s 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.

Some of the factors we look at when determining these rankings are overall quality of the general business administration and management program at the school and the cost of the school after aid is awarded among other things. Check out our ranking methodology for more information.

One Size Does Not Fit All

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 Bachelor’s in Illinois For Those Making $48-$75k”.

One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $48-$75k

The following schools top our list of the Best Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $48-$75k.

Top 25 Best Value Bachelor’s Degree Colleges for General Business Administration and Management (Income $48-$75k) in Illinois

#13 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Illinois at Springfield. The school came in at #1 for the Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $48-$75k. University of Illinois at Springfield is a public institution located in Springfield, Illinois. The school has a small population, and it awarded 122 bachelors’s degrees in 2019-2020.

UIS also took the #13 spot in our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for University of Illinois at Springfield is $11,857 for Illinois Bachelor’s Degree Business Administration students whose families make $48-$75k.

Read full report on General Business Administration and Management at UIS

#2

Northern Illinois University

Dekalb, Illinois
#7 in overall quality

You’ll be in good company if you decide to attend Northern Illinois University. It ranked #2 on our 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $48-$75k list. NIU is located in Dekalb, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 78 bachelors’s business administration degrees to qualified students.

NIU also took the #7 spot in our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” ranking. It costs about $18,346 for illinois bachelor’s degree business administration students whose families make $48-$75k per year to attend Northern Illinois University.

Full Northern Illinois University General Business Administration and Management Report

#12 in overall quality

You’ll be in good company if you decide to attend Southern Illinois University Edwardsville. It ranked #3 on our 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $48-$75k list. This fairly large school is located in Edwardsville, Illinois, and it awarded 244 bachelors’s business administration degrees in 2019-2020.

SIUE not only placed well in this ranking. It is also #12 on our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” list. It costs about $13,705 for illinois bachelor’s degree business administration students whose families make $48-$75k per year to attend SIUE.

Read more about General Business Administration and Management at SIUE

#4

Judson University

Elgin, Illinois
#11 in overall quality

Out of the 34 schools in the Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $48-$75k that were part of this year’s ranking, Judson University landed the #4 spot on the list. Judson is a private not-for-profit institution located in Elgin, Illinois. The school has a small population, and it awarded 41 bachelors’s degrees in 2019-2020.

Judson also made our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” list, coming in at #11. The estimated yearly cost for Judson is $15,971 for illinois bachelor’s degree business administration students whose families make $48-$75k.

The impressive student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.

Full Judson University General Business Administration and Management Report

#10 in overall quality

Out of the 34 schools in the Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $48-$75k that were part of this year’s ranking, University of Illinois at Chicago landed the #5 spot on the list. Chicago, Illinois is the setting for this large institution of higher learning. The public school handed out bachelors’s business administration degrees to 56 students 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 Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for UIC is $13,683 for Illinois Bachelor’s Degree Business Administration students whose families make $48-$75k.

The student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 10.1%.

Read more about General Business Administration and Management at University of Illinois at Chicago

#6

Aurora University

Aurora, Illinois
#8 in overall quality

Aurora University landed the #6 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking. Aurora, Illinois is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out bachelors’s business administration degrees to 118 students in 2019-2020.

As a testament to the quality of education offered at Aurora, the school also landed the #8 spot in our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Aurora is $15,881 for illinois bachelor’s degree business administration students whose families make $48-$75k.

The school has an impressive student loan default rate. It’s only 4.4%, which is much lower than the national rate of 10.1%.

Full Aurora General Business Administration and Management Report

#7

Eastern Illinois University

Charleston, Illinois
#24 in overall quality

Eastern Illinois University came in at #7 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking. Located in Charleston, Illinois, this medium-sized public school awarded 13 degrees to qualified bachelors’s business administration students in 2019-2020.

EIU also took the #24 spot in our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for EIU is $13,560 for illinois bachelor’s degree business administration students whose families make $48-$75k.

Full Eastern Illinois University General Business Administration and Management Report

#8

Governors State University

University Park, Illinois
#25 in overall quality

Governors State University ranked #8 on this year’s Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $48-$75k list. GSU is a public institution located in University Park, Illinois. The school has a small population, and it awarded 87 bachelors’s degrees in 2019-2020.

GSU not only placed well in this ranking. It is also #25 on our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” list. It costs about $11,872 for illinois bachelor’s degree business administration students whose families make $48-$75k per year to attend Governors State University.

Read more about General Business Administration and Management at Governors State University

#9

Augustana College

Rock Island, Illinois
#1 in overall quality

Augustana College did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking, coming in at #9. Rock Island, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s business administration degrees to 52 students in 2019-2020.

As a testament to the quality of education offered at Augustana, the school also landed the #1 spot in our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Augustana is $21,453 for Illinois Bachelor’s Degree Business Administration students whose families make $48-$75k.

The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 10.1%.

Full Augustana College General Business Administration and Management Report

#10

Monmouth College

Monmouth, Illinois
#16 in overall quality

Monmouth College ranked #10 on this year’s Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $48-$75k list. Monmouth, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s business administration degrees to 43 students in 2019-2020.

As a testament to the quality of education offered at Monmouth, the school also landed the #16 spot in our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” ranking. It costs about $15,960 for illinois bachelor’s degree business administration students whose families make $48-$75k per year to attend Monmouth College.

The low student loan default rate of 4.5% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. With a student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.

Full Monmouth General Business Administration and Management Report

#11

Lewis University

Romeoville, Illinois
#9 in overall quality

Lewis University came in at #11 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking. Lewis is located in Romeoville, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 79 bachelors’s business administration degrees to qualified students.

As a testament to the quality of education offered at Lewis, the school also landed the #9 spot in our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” ranking. It costs about $16,489 for Illinois Bachelor’s Degree Business Administration students whose families make $48-$75k per year to attend Lewis University.

The low student loan default rate of 3.6% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Read more about General Business Administration and Management at Lewis University

#12

Western Illinois University

Macomb, Illinois
#19 in overall quality

Western Illinois University landed the #12 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking. Located in Macomb, Illinois, this medium-sized public school handed out 41 diplomas to qualified bachelors’s business administration students in 2019-2020.

WIU did well in our major quality rankings, too. It placed #19 on our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” list. It costs about $15,912 for illinois bachelor’s degree business administration students whose families make $48-$75k per year to attend Western Illinois University.

Read more about General Business Administration and Management at WIU

#13

Elmhurst University

Elmhurst, Illinois
#5 in overall quality

Elmhurst University ranked #13 on this year’s Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $48-$75k list. Elmhurst, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s business administration degrees to 29 students in 2019-2020.

Elmhurst did well in our major quality rankings, too. It placed #5 on our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” list. It costs about $19,703 for Illinois Bachelor’s Degree Business Administration students whose families make $48-$75k per year to attend Elmhurst.

The school has an impressive student loan default rate. It’s only 3.0%, which is much lower than the national rate of 10.1%.

Read more about General Business Administration and Management at Elmhurst

#14

Illinois State University

Normal, Illinois
#4 in overall quality

Illinois State University came in at #14 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking. This large school is located in Normal, Illinois, and it awarded 144 bachelors’s business administration degrees in 2019-2020.

In addition to being on our illinois bachelor’s degree business administration students whose families make $48-$75k list, Illinois State has also earned the #4 rank in our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Illinois State is $19,080 for Illinois Bachelor’s Degree Business Administration students whose families make $48-$75k.

The school has an impressive student loan default rate. It’s only 4.4%, which is much lower than the national rate of 10.1%.

Read full report on General Business Administration and Management at Illinois State University

Southern Illinois University Carbondale came in at #15 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking. SIUC is located in Carbondale, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 29 bachelors’s business administration degrees to qualified students.

The estimated yearly cost for Southern Illinois University Carbondale is $14,985 for Illinois Bachelor’s Degree Business Administration students whose families make $48-$75k.

Read more about General Business Administration and Management at Southern Illinois University Carbondale

#16

North Park University

Chicago, Illinois
#15 in overall quality

North Park University did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking, coming in at #16. North Park is a small private not-for-profit school situated in Chicago, Illinois. It awarded 102 bachelors’s business administration degrees in 2019-2020.

In addition to being on our illinois bachelor’s degree business administration students whose families make $48-$75k list, North Park has also earned the #15 rank in our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for North Park University is $18,813 for illinois bachelor’s degree business administration students whose families make $48-$75k.

The impressive student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.

Full North Park University General Business Administration and Management Report

#17

Illinois College

Jacksonville, Illinois
#18 in overall quality

Illinois College came in at #17 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking. Illinois College is a private not-for-profit institution located in Jacksonville, Illinois. The school has a small population, and it awarded 51 bachelors’s degrees in 2019-2020.

Illinois College also took the #18 spot in our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” ranking. It costs about $14,942 for Illinois Bachelor’s Degree Business Administration students whose families make $48-$75k per year to attend Illinois College.

Full Illinois College General Business Administration and Management Report

#18

Millikin University

Decatur, Illinois
#20 in overall quality

Millikin University did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking, coming in at #18. Millikin University is located in Decatur, Illinois and, has a small student population. In 2019-2020, this school awarded 20 bachelors’s business administration degrees to qualified students.

In addition to being on our illinois bachelor’s degree business administration students whose families make $48-$75k list, Millikin has also earned the #20 rank in our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” ranking. It costs about $20,390 for illinois bachelor’s degree business administration students whose families make $48-$75k per year to attend Millikin.

The impressive student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.

Read more about General Business Administration and Management at Millikin University

#19

Dominican University

River Forest, Illinois
#14 in overall quality

Dominican University came in at #19 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking. River Forest, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s business administration degrees to 69 students in 2019-2020.

Dominican U also took the #14 spot in our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Dominican University is $18,582 for illinois bachelor’s degree business administration students whose families make $48-$75k.

With a student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.

Full Dominican U General Business Administration and Management Report

#20

Olivet Nazarene University

Bourbonnais, Illinois
#22 in overall quality

With a ranking of #20, Olivet Nazarene University did quite well on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $48-$75k list. Olivet Nazarene is a private not-for-profit institution located in Bourbonnais, Illinois. The school has a small population, and it awarded 59 bachelors’s degrees in 2019-2020.

As a testament to the quality of education offered at Olivet Nazarene, the school also landed the #22 spot in our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” ranking. It costs about $17,841 for illinois bachelor’s degree business administration students whose families make $48-$75k per year to attend Olivet Nazarene University.

The school has an impressive student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%.

Full Olivet Nazarene General Business Administration and Management Report

#21

Quincy University

Quincy, Illinois

Quincy University ranked #21 on this year’s Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $48-$75k list. Quincy U is a small private not-for-profit school situated in Quincy, Illinois. It awarded 4 bachelors’s business administration degrees in 2019-2020.

The yearly cost to attend Quincy U is $16,717 for illinois bachelor’s degree business administration students whose families make $48-$75k.

Read more about General Business Administration and Management at Quincy University

#22

National Louis University

Chicago, Illinois

With a ranking of #22, National Louis University did quite well on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $48-$75k list. National Louis University is located in Chicago, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 36 bachelors’s business administration degrees to qualified students.

The yearly cost to attend NLU is $16,888 for illinois bachelor’s degree business administration students whose families make $48-$75k.

Full National Louis University General Business Administration and Management Report

#23

Concordia University, Chicago

River Forest, Illinois

Concordia University, Chicago landed the #23 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking. Located in River Forest, Illinois, this medium-sized private not-for-profit school handed out 36 degrees to qualified bachelors’s business administration students in 2019-2020.

The estimated yearly cost for Concordia University, Chicago is $17,295 for Illinois Bachelor’s Degree Business Administration students whose families make $48-$75k.

Read full report on General Business Administration and Management at Concordia University, Chicago

#3 in overall quality

Illinois Institute of Technology came in at #24 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking. Illinois Institute of Technology is a medium-sized private not-for-profit school situated in Chicago, Illinois. It awarded 24 bachelors’s business administration degrees in 2019-2020.

Illinois Tech also took the #3 spot in our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” ranking. It costs about $22,542 for Illinois Bachelor’s Degree Business Administration students whose families make $48-$75k per year to attend Illinois Tech.

Students who start out at the school are likely to stick around. The freshman retention rate is 87%. The impressive student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools. The student loan default rate at the school is 2.9%, which is quite low when compared to the national default rate of 10.1%.

Read full report on General Business Administration and Management at Illinois Institute of Technology

#25

Lincoln College

Lincoln, Illinois

Lincoln College landed the #25 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $48-$75k ranking. Lincoln College is a private not-for-profit institution located in Lincoln, Illinois. The school has a small population, and it awarded 28 bachelors’s degrees in 2019-2020.

It costs about $22,467 for Illinois Bachelor’s Degree Business Administration students whose families make $48-$75k per year to attend Lincoln College.

Read more about General Business Administration and Management at Lincoln College

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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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