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2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $75-$110k

36 Ranked Colleges
5,125 Degrees Awarded
$20,700 Avg Grad Tuition & Fees*
Best Value Business Administration Schools for a Master's in Illinois For Those Making $75-$110k

With all of the options students have for higher education today, it can be tough to choose which direction to take. 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 Master’s in Illinois For Those Making $75-$110k” 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 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.

This year’s “Best Value Business Administration Schools for a Master’s in Illinois For Those Making $75-$110k” ranking looked at 36 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.

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.

One Size Does Not Fit All

When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Business Administration Schools for a Master’s in Illinois For Those Making $75-$110k” list to help you make the college decision.

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

Best Value Business Administration Schools for a Master’s in Illinois For Those Making $75-$110k

The following schools top our list of the Best Best Value Business Administration Schools for a Master’s in Illinois For Those Making $75-$110k.

Top 25 Best Value Master’s Degree Colleges for General Business Administration and Management (Income $75-$110k) in Illinois

#1

Northwestern University

Evanston, Illinois
#1 in overall quality

Out of the 36 schools in the Best Value Business Administration Schools for a Master’s in Illinois For Those Making $75-$110k that were part of this year’s ranking, Northwestern University landed the #1 spot on the list. Northwestern University is a large school located in Evanston, Illinois that handed out 306 masters’s business administration degrees in 2019-2020.

As a testament to the quality of education offered at Northwestern, the school also landed the #1 spot in our “Best General Business Administration and Management Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Northwestern University are $56,567, but some majors have different tuition rates.

Read full report on General Business Administration and Management at Northwestern

#2

University of Chicago

Chicago, Illinois
#3 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Chicago. The school came in at #2 for the Best Value Business Administration Schools for a Master’s in Illinois For Those Making $75-$110k. University of Chicago is located in Chicago, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 228 masters’s business administration degrees to qualified students.

UChicago did well in our major quality rankings, too. It placed #3 on our “Best General Business Administration and Management Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at UChicago are $61,548, but you may pay more or less depending on your major.

Read full report on General Business Administration and Management at UChicago

#2 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Illinois at Urbana-Champaign. The school came in at #3 for the Best Value Business Administration Schools for a Master’s in Illinois For Those Making $75-$110k. UIUC is located in Champaign, Illinois and, has a large student population. In 2019-2020, this school awarded 695 masters’s business administration degrees to qualified students.

UIUC also took the #2 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 Illinois at Urbana-Champaign are $30,083.

Read more about General Business Administration and Management at University of Illinois at Urbana-Champaign

#4

Northern Illinois University

Dekalb, Illinois
#13 in overall quality

You’ll be in good company if you decide to attend Northern Illinois University. It ranked #4 on our 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $75-$110k list. Northern Illinois University is a fairly large school located in Dekalb, Illinois that handed out 146 masters’s business administration degrees in 2019-2020.

NIU did well in our major quality rankings, too. It placed #13 on our “Best General Business Administration and Management Master’s Degree Schools in Illinois” list. 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 more about General Business Administration and Management at Northern Illinois University

Out of the 36 schools in the Best Value Business Administration Schools for a Master’s in Illinois For Those Making $75-$110k that were part of this year’s ranking, University of Illinois at Springfield landed the #5 spot on the list. UIS is located in Springfield, Illinois and, has a small student population. In 2019-2020, this school awarded 35 masters’s business administration degrees to qualified students.

Average graduate tuition and fees at University of Illinois at Springfield are $16,757, but some majors have different tuition rates.

Read more about General Business Administration and Management at UIS

#10 in overall quality

University of Illinois at Chicago came in at #6 in this year’s edition of the Best Value Business Administration Schools for a Master’s in Illinois For Those Making $75-$110k ranking. University of Illinois at Chicago is located in Chicago, Illinois and, has a large student population. In 2019-2020, this school awarded 198 masters’s business administration degrees to qualified students.

UIC also took the #10 spot in our “Best General Business Administration and Management Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at UIC are $27,036, but some majors have different tuition rates.

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

#7

Governors State University

University Park, Illinois

Governors State University ranked #7 on this year’s Best Value Business Administration Schools for a Master’s in Illinois For Those Making $75-$110k list. GSU is a small school located in University Park, Illinois that handed out 23 masters’s business administration degrees in 2019-2020.

Average graduate tuition and fees at Governors State University are $14,674, but some majors have different tuition rates.

Read full report on General Business Administration and Management at GSU

Southern Illinois University Edwardsville did quite well in the 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $75-$110k ranking, coming in at #8. SIUE is located in Edwardsville, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 80 masters’s business administration degrees to qualified students.

Average graduate tuition and fees at Southern Illinois University Edwardsville are $9,300, but some majors have different tuition rates.

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

#9

Aurora University

Aurora, Illinois
#15 in overall quality

Aurora University did quite well in the 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $75-$110k ranking, coming in at #9. Aurora is a private not-for-profit institution located in Aurora, Illinois. The school has a medium-sized population, and it awarded 146 masters’s degrees in 2019-2020.

Aurora did well in our major quality rankings, too. It placed #15 on our “Best General Business Administration and Management Master’s Degree Schools in Illinois” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Aurora are $13,200.

Full Aurora University General Business Administration and Management Report

#10

Judson University

Elgin, Illinois
#18 in overall quality

Judson University did quite well in the 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $75-$110k ranking, coming in at #10. Elgin, 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 33 students in 2019-2020.

In addition to being on our illinois master’s degree business administration students whose families make $75-$110k list, Judson has also earned the #18 rank in our “Best General Business Administration and Management Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Judson are $18,900, but you may pay more or less depending on your major.

Read more about General Business Administration and Management at Judson University

#11

Eastern Illinois University

Charleston, Illinois

Eastern Illinois University landed the #11 spot on the 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $75-$110k ranking. This medium-sized school is located in Charleston, Illinois, and it awarded 36 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 EIU are $20,761.

Read full report on General Business Administration and Management at EIU

#12

University of St Francis

Joliet, Illinois
#21 in overall quality

With a ranking of #12, University of St Francis did quite well on the 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $75-$110k list. Joliet, 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 55 students in 2019-2020.

University of Saint Francis not only placed well in this ranking. It is also #21 on our “Best General Business Administration and Management Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at University of St Francis are $13,839, but some majors have different tuition rates.

Full University of St Francis General Business Administration and Management Report

#13

Concordia University, Chicago

River Forest, Illinois
#14 in overall quality

Concordia University, Chicago came in at #13 in this year’s edition of the Best Value Business Administration Schools for a Master’s in Illinois For Those Making $75-$110k ranking. Concordia University, Chicago is a private not-for-profit institution located in River Forest, Illinois. The school has a medium-sized population, and it awarded 154 masters’s degrees in 2019-2020.

In addition to being on our illinois master’s degree business administration students whose families make $75-$110k list, Concordia University, Chicago has also earned the #14 rank in our “Best General Business Administration and Management Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Concordia University, Chicago are $9,378, but you may pay more or less depending on your major.

Full Concordia University, Chicago General Business Administration and Management Report

#14

Saint Xavier University

Chicago, Illinois

Saint Xavier University came in at #14 in this year’s edition of the Best Value Business Administration Schools for a Master’s in Illinois For Those Making $75-$110k ranking. This small school is located in Chicago, Illinois, and it awarded 18 masters’s business administration degrees 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.

Read more about General Business Administration and Management at SXU

#15

Western Illinois University

Macomb, Illinois
#23 in overall quality

Western Illinois University ranked #15 on this year’s Best Value Business Administration Schools for a Master’s in Illinois For Those Making $75-$110k list. Western Illinois University is a medium-sized school located in Macomb, Illinois that handed out 36 masters’s business administration degrees in 2019-2020.

WIU not only placed well in this ranking. It is also #23 on our “Best General Business Administration and Management Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at Western Illinois University are $11,996, but some majors have different tuition rates.

Read more about General Business Administration and Management at WIU

Southern Illinois University Carbondale ranked #16 on this year’s Best Value Business Administration Schools for a Master’s in Illinois For Those Making $75-$110k list. SIUC is located in Carbondale, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 43 masters’s business administration degrees to qualified students.

Average graduate tuition and fees at Southern Illinois University Carbondale are $32,928, but some majors have different tuition rates.

Full SIUC General Business Administration and Management Report

#17

National Louis University

Chicago, Illinois

With a ranking of #17, National Louis University did quite well on the 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $75-$110k list. Located in Chicago, Illinois, this medium-sized private not-for-profit school handed out 46 diplomas to qualified masters’s business administration students in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at National Louis University are $12,096.

Read more about General Business Administration and Management at National Louis University

#18

Millikin University

Decatur, Illinois
#19 in overall quality

Millikin University did quite well in the 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $75-$110k ranking, coming in at #18. 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 also took the #19 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 Millikin are $23,733.

Read more about General Business Administration and Management at Millikin University

#19

Lewis University

Romeoville, Illinois
#11 in overall quality

Lewis University ranked #19 on this year’s Best Value Business Administration Schools for a Master’s in Illinois For Those Making $75-$110k list. Lewis University is a private not-for-profit institution located in Romeoville, Illinois. The school has a medium-sized population, and it awarded 100 masters’s degrees 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 University are $14,780, but you may pay more or less depending on your major.

Read full report on General Business Administration and Management at Lewis University

#20

Quincy University

Quincy, Illinois

Quincy University did quite well in the 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $75-$110k ranking, coming in at #20. Quincy, 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 14 students in 2019-2020.

Average graduate tuition and fees at Quincy University are $12,000, but some majors have different tuition rates.

Read full report on General Business Administration and Management at Quincy University

#21

Dominican University

River Forest, Illinois

Dominican University 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 $75-$110k ranking. 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.

Average graduate tuition and fees at Dominican University are $20,884, but you may pay more or less depending on your major.

Read more about General Business Administration and Management at Dominican U

#17 in overall quality

Illinois Institute of Technology ranked #22 on this year’s Best Value Business Administration Schools for a Master’s in Illinois For Those Making $75-$110k list. This medium-sized school is located in Chicago, Illinois, and it awarded 19 masters’s business administration degrees in 2019-2020.

Illinois Tech also made our “Best General Business Administration and Management Master’s Degree Schools in Illinois” list, coming in at #17. 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.

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

#23

McKendree University

Lebanon, Illinois

With a ranking of #23, McKendree University did quite well on the 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $75-$110k list. Located in Lebanon, Illinois, this small private not-for-profit school awarded 61 degrees to qualified masters’s business administration students in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at McKendree are $9,324.

Read full report on General Business Administration and Management at McKendree University

#23

North Park University

Chicago, Illinois
#22 in overall quality

North Park University landed the #23 spot on the 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $75-$110k ranking. North Park University is a small school located in Chicago, Illinois that handed out 51 masters’s business administration degrees in 2019-2020.

North Park also took the #22 spot in our “Best General Business Administration and Management Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at North Park are $14,076, but you may pay more or less depending on your major.

Read more about General Business Administration and Management at North Park University

#25

Illinois State University

Normal, Illinois
#9 in overall quality

With a ranking of #25, Illinois State University did quite well on the 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $75-$110k 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 not only placed well in this ranking. It is also #9 on our “Best General Business Administration and Management Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at Illinois State are $11,069, but some majors have different tuition rates.

Read more about General Business Administration and Management at Illinois State

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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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