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2022 Best Value Business Administration Schools for a Bachelor’s in Illinois

35 Ranked Colleges
3,003 Degrees Awarded
$17,900 Avg Net Price*
Best Value Business Administration Schools for a Bachelor's in Illinois

With all of the options students have for higher education today, it can be tough to choose which direction to take. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Business Administration Schools for a Bachelor’s in Illinois” ranking - to help you make that decision.

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.

For this year’s “Best Value Business Administration Schools for a Bachelor’s in Illinois” ranking, we looked at 35 colleges that offer a degree in general business administration and management. The schools that top this list are recognized because they have great general business administration and management programs and cost less that 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. See our ranking methodology to learn more.

One Size Does Not Fit All

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Business Administration Schools for a Bachelor’s in Illinois” ranking, along with many other major-related rankings, to help you make that decision.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

Best Value Business Administration Schools for a Bachelor’s in Illinois

The following schools top our list of the Best Best Value Business Administration Schools for a Bachelor’s in Illinois.

Top 25 Best Value Bachelor’s Degree Colleges for General Business Administration and Management in Illinois

#1

Illinois State University

Normal, Illinois
#4 in overall quality

You’ll join some of the best and brightest minds around if you attend Illinois State University. The school came in at #1 for the Best Value Business Administration Schools for a Bachelor’s in Illinois. Illinois State University is a large public school situated in Normal, Illinois. It awarded 144 bachelors’s business administration degrees in 2019-2020.

Illinois State also took the #4 spot in our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Illinois State University is $20,895 for illinois bachelor’s degree business administration students.

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 Illinois State 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 #2 on our 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois list. This fairly large school is located in Edwardsville, Illinois, and it awarded 244 bachelors’s business administration degrees in 2019-2020.

SIUE also took the #12 spot in our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend SIUE is $14,423 for illinois bachelor’s degree business administration students.

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

#13 in overall quality

You’ll be in good company if you decide to attend University of Illinois at Springfield. It ranked #3 on our 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois list. 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 yearly cost to attend University of Illinois at Springfield is $12,477 for illinois bachelor’s degree business administration students.

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

#4

Northern Illinois University

Dekalb, Illinois
#7 in overall quality

You’ll join some of the best and brightest minds around if you attend Northern Illinois University. The school came in at #4 for the Best Value Business Administration Schools for a Bachelor’s in Illinois. Dekalb, Illinois is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s business administration degrees to 78 students in 2019-2020.

NIU also took the #7 spot in our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend NIU is $18,259 for Illinois Bachelor’s Degree Business Administration students.

Full Northern Illinois University General Business Administration and Management Report

#5

DeVry University - Illinois

Chicago, Illinois
#2 in overall quality

Out of the 35 schools in the Best Value Business Administration Schools for a Bachelor’s in Illinois that were part of this year’s ranking, DeVry University - Illinois landed the #5 spot on the list. This large school is located in Chicago, Illinois, and it awarded 187 bachelors’s business administration degrees in 2019-2020.

DeVry University - Illinois did well in our major quality rankings, too. It placed #2 on our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend DeVry University - Illinois is $28,551 for illinois bachelor’s degree business administration students.

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

#6

Western Illinois University

Macomb, Illinois
#19 in overall quality

With a ranking of #6, Western Illinois University did quite well on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois list. Western Illinois University is a medium-sized public school situated in Macomb, Illinois. It awarded 41 bachelors’s business administration degrees in 2019-2020.

WIU also took the #19 spot in our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” ranking. It costs about $16,210 for illinois bachelor’s degree business administration students per year to attend WIU.

Read full report on General Business Administration and Management at WIU

#7

Governors State University

University Park, Illinois
#25 in overall quality

Governors State University landed the #7 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois ranking. Governors State University is a small public school situated in University Park, Illinois. It awarded 87 bachelors’s business administration degrees in 2019-2020.

As a testament to the quality of education offered at GSU, the school also landed the #25 spot in our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Governors State University is $12,077 for Illinois Bachelor’s Degree Business Administration students.

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

#10 in overall quality

With a ranking of #8, University of Illinois at Chicago did quite well on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois list. University of Illinois at Chicago is located in Chicago, Illinois and, has a large student population. In 2019-2020, this school awarded 56 bachelors’s business administration degrees to qualified students.

UIC did well in our major quality rankings, too. It placed #10 on our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend University of Illinois at Chicago is $13,312 for Illinois Bachelor’s Degree Business Administration students.

The low student loan default rate of 3.4% 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 full report on General Business Administration and Management at University of Illinois at Chicago

#9

Eastern Illinois University

Charleston, Illinois
#24 in overall quality

Eastern Illinois University landed the #9 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois ranking. EIU is located in Charleston, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 13 bachelors’s business administration degrees to qualified students.

EIU not only placed well in this ranking. It is also #24 on our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Eastern Illinois University is $14,607 for illinois bachelor’s degree business administration students.

Read more about General Business Administration and Management at EIU

#10

University of Phoenix - Illinois

Schaumburg, Illinois

University of Phoenix - Illinois came in at #10 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Illinois ranking. This small school is located in Schaumburg, Illinois, and it awarded 6 bachelors’s business administration degrees in 2019-2020.

Since the school has a student-to-faculty ratio of to 1, those pursuing a degree will have more opportunities to interact with their professors.

Read full report on General Business Administration and Management at University of Phoenix - Illinois

Northeastern Illinois University landed the #11 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois ranking. Northeastern Illinois University is a medium-sized public school situated in Chicago, Illinois. It awarded 70 bachelors’s business administration degrees in 2019-2020.

The estimated yearly cost for Northeastern Illinois University is $15,843 for illinois bachelor’s degree business administration students.

Full Northeastern Illinois University General Business Administration and Management Report

Southern Illinois University Carbondale ranked #12 on this year’s Best Value Business Administration Schools for a Bachelor’s in Illinois list. This fairly large school is located in Carbondale, Illinois, and it awarded 29 bachelors’s business administration degrees in 2019-2020.

It costs about $16,945 for Illinois Bachelor’s Degree Business Administration students per year to attend Southern Illinois University Carbondale.

Read more about General Business Administration and Management at SIUC

#13

Lincoln College

Lincoln, Illinois

Lincoln College came in at #13 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Illinois ranking. Located in Lincoln, Illinois, this small private not-for-profit school handed out 28 degrees to qualified bachelors’s business administration students in 2019-2020.

It costs about $21,797 for illinois bachelor’s degree business administration students per year to attend Lincoln College.

Read full report on General Business Administration and Management at Lincoln College

#14

National Louis University

Chicago, Illinois

National Louis University did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois ranking, coming in at #14. NLU is a private not-for-profit institution located in Chicago, Illinois. The school has a medium-sized population, and it awarded 36 bachelors’s degrees in 2019-2020.

The estimated yearly cost for NLU is $14,957 for Illinois Bachelor’s Degree Business Administration students.

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

#15

Aurora University

Aurora, Illinois
#8 in overall quality

Aurora University did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois ranking, coming in at #15. Aurora University is located in Aurora, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 118 bachelors’s business administration degrees to qualified students.

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. It costs about $17,215 for Illinois Bachelor’s Degree Business Administration students per year to attend Aurora.

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 more about General Business Administration and Management at Aurora University

#16

Chicago State University

Chicago, Illinois

Chicago State University did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois ranking, coming in at #16. Chicago State University is a public institution located in Chicago, Illinois. The school has a small population, and it awarded 48 bachelors’s degrees in 2019-2020.

The yearly cost to attend CSU is $11,733 for illinois bachelor’s degree business administration students.

The student-to-faculty ratio of 9 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.

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

#17

Judson University

Elgin, Illinois
#11 in overall quality

Judson University came in at #17 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Illinois ranking. Located in Elgin, Illinois, this small private not-for-profit school handed out 41 diplomas to qualified bachelors’s business administration students in 2019-2020.

In addition to being on our illinois bachelor’s degree business administration students list, Judson has also earned the #11 rank in our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Judson is $18,737 for illinois bachelor’s degree business administration students.

Since the school has a student-to-faculty ratio of 10 to 1, those pursuing a degree will have more opportunities to interact with their professors.

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

#18

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 ranking, coming in at #18. North Park University is located in Chicago, Illinois and, has a small student population. In 2019-2020, this school awarded 102 bachelors’s business administration degrees to qualified students.

North Park also took the #15 spot in our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend North Park University is $19,170 for illinois bachelor’s degree business administration students.

The student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.

Read full report on General Business Administration and Management at North Park University

#19

Eureka College

Eureka, Illinois

Eureka College did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois ranking, coming in at #19. Eureka College is a private not-for-profit institution located in Eureka, Illinois. The school has a small population, and it awarded 34 bachelors’s degrees in 2019-2020.

It costs about $21,344 for Illinois Bachelor’s Degree Business Administration students per year to attend Eureka College.

Read more about General Business Administration and Management at Eureka College

#20

Lewis University

Romeoville, Illinois
#9 in overall quality

Lewis University landed the #20 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois ranking. This medium-sized school is located in Romeoville, Illinois, and it awarded 79 bachelors’s business administration degrees in 2019-2020.

Lewis did well in our major quality rankings, too. It placed #9 on our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Lewis University is $18,664 for illinois bachelor’s degree business administration students.

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 full report on General Business Administration and Management at Lewis University

#21

Illinois College

Jacksonville, Illinois
#18 in overall quality

Illinois College came in at #21 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Illinois 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 not only placed well in this ranking. It is also #18 on our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Illinois College is $16,562 for illinois bachelor’s degree business administration students.

Read full report on General Business Administration and Management at Illinois College

#22

McKendree University

Lebanon, Illinois
#21 in overall quality

With a ranking of #22, McKendree University did quite well on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois list. McKendree is a private not-for-profit institution located in Lebanon, Illinois. The school has a small population, and it awarded 50 bachelors’s degrees in 2019-2020.

McKendree did well in our major quality rankings, too. It placed #21 on our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend McKendree University is $19,844 for illinois bachelor’s degree business administration students.

Read more about General Business Administration and Management at McKendree

#23

Bradley University

Peoria, Illinois
#6 in overall quality

With a ranking of #23, Bradley University did quite well on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois list. This medium-sized school is located in Peoria, Illinois, and it awarded 38 bachelors’s business administration degrees in 2019-2020.

In addition to being on our illinois bachelor’s degree business administration students list, Bradley has also earned the #6 rank in our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Bradley University is $25,634 for illinois bachelor’s degree business administration students.

Students who start out at the school are likely to stick around. The freshman retention rate is 86%. The student loan default rate at the school is 2.5%, which is quite low when compared to the national default rate of 10.1%.

Read full report on General Business Administration and Management at Bradley

#24

Rockford University

Rockford, Illinois
#23 in overall quality

Rockford University came in at #24 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Illinois ranking. Rockford is a private not-for-profit institution located in Rockford, Illinois. The school has a small population, and it awarded 46 bachelors’s degrees in 2019-2020.

In addition to being on our illinois bachelor’s degree business administration students list, Rockford has also earned the #23 rank in our “Best General Business Administration and Management Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Rockford University is $22,197 for illinois bachelor’s degree business administration students.

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 Rockford

#25

Dominican University

River Forest, Illinois
#14 in overall quality

With a ranking of #25, Dominican University did quite well on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois list. Dominican U is a private not-for-profit institution located in River Forest, Illinois. The school has a small population, and it awarded 69 bachelors’s degrees 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 U is $19,268 for Illinois Bachelor’s Degree Business Administration students.

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.

Read more about General Business Administration and Management at Dominican University

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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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