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

37 Ranked Colleges
5,125 Degrees Awarded
$16,000 Avg Grad Tuition & Fees*
Best Value Business Administration Schools for a Master's in Illinois

It’s not easy to decide which college to attend when there so many options available for students. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Business Administration Schools for a Master’s in Illinois” ranking.

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” ranking looked at 37 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. See our ranking methodology to learn more.

More Ways to Rank General Business Administration and Management Schools

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” list to help you make the college decision.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. 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 Master’s in Illinois

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

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

#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 #1 for the Best Value Business Administration Schools for a Master’s in Illinois. UIUC is a large public school situated in Champaign, Illinois. It awarded 695 masters’s business administration degrees in 2019-2020.

In addition to being on our illinois master’s degree business administration students 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 UIUC are $30,083, but you may pay more or less depending on your major.

Read more about General Business Administration and Management at UIUC

#2

Illinois State University

Normal, Illinois
#9 in overall quality

Out of the 37 schools in the Best Value Business Administration Schools for a Master’s in Illinois that were part of this year’s ranking, Illinois State University landed the #2 spot on the list. This large school is located in Normal, Illinois, and it awarded 104 masters’s business administration degrees in 2019-2020.

Illinois State did well in our major quality rankings, too. It placed #9 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 Illinois State are $11,069.

Full Illinois State University General Business Administration and Management Report

#3

Concordia University, Chicago

River Forest, Illinois
#14 in overall quality

You’ll be in good company if you decide to attend Concordia University, Chicago. It ranked #3 on our 2022 Best Value Business Administration Schools for a Master’s in Illinois list. Located in River Forest, Illinois, this medium-sized private not-for-profit school handed out 154 diplomas to qualified masters’s business administration students in 2019-2020.

As a testament to the quality of education offered at Concordia University, Chicago, the school also landed the #14 spot 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 some majors have different tuition rates.

Full Concordia University, Chicago General Business Administration and Management Report

#4

Northern Illinois University

Dekalb, Illinois
#13 in overall quality

Out of the 37 schools in the Best Value Business Administration Schools for a Master’s in Illinois that were part of this year’s ranking, Northern Illinois University landed the #4 spot on the list. Northern Illinois University is a fairly large public school situated in Dekalb, Illinois. It awarded 146 masters’s business administration degrees in 2019-2020.

NIU not only placed well in this ranking. It is also #13 on our “Best General Business Administration and Management Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at Northern Illinois University are $11,086, but you may pay more or less depending on your major.

Read more about General Business Administration and Management at NIU

#5

Bradley University

Peoria, Illinois
#6 in overall quality

You’ll be in good company if you decide to attend Bradley University. It ranked #5 on our 2022 Best Value Business Administration Schools for a Master’s in Illinois 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.

As a testament to the quality of education offered at Bradley, the school also landed the #6 spot in our “Best General Business Administration and Management Master’s Degree Schools in Illinois” ranking. 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

#6

Lewis University

Romeoville, Illinois
#11 in overall quality

Lewis University did quite well in the 2022 Best Value Business Administration Schools for a Master’s in Illinois ranking, coming in at #6. Romeoville, 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 100 students in 2019-2020.

Lewis also made our “Best General Business Administration and Management Master’s Degree Schools in Illinois” list, coming in at #11. Average graduate tuition and fees at Lewis are $14,780, but you may pay more or less depending on your major.

Read more about General Business Administration and Management at Lewis

#7

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 ranking, coming in at #7. This medium-sized school is located in Aurora, Illinois, and it awarded 146 masters’s business administration 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. Average graduate tuition and fees at Aurora University are $13,200, but some majors have different tuition rates.

Full Aurora University General Business Administration and Management Report

Southern Illinois University Edwardsville landed the #8 spot on the 2022 Best Value Business Administration Schools for a Master’s in Illinois ranking. Located in Edwardsville, Illinois, this fairly large public school awarded 80 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 SIUE are $9,300.

Full Southern Illinois University Edwardsville General Business Administration and Management Report

#9

McKendree University

Lebanon, Illinois

McKendree University landed the #9 spot on the 2022 Best Value Business Administration Schools for a Master’s in Illinois ranking. McKendree is a small school located in Lebanon, Illinois that handed out 61 masters’s business administration degrees in 2019-2020.

Average graduate tuition and fees at McKendree University are $9,324, but you may pay more or less depending on your major.

Read full report on General Business Administration and Management at McKendree

#10

Western Illinois University

Macomb, Illinois
#23 in overall quality

Western Illinois University landed the #10 spot on the 2022 Best Value Business Administration Schools for a Master’s in Illinois ranking. Macomb, Illinois is the setting for this medium-sized institution of higher learning. The public school handed out masters’s business administration degrees to 36 students 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 WIU are $11,996, but you may pay more or less depending on your major.

Full WIU General Business Administration and Management Report

#11

University of St Francis

Joliet, Illinois
#21 in overall quality

University of St Francis did quite well in the 2022 Best Value Business Administration Schools for a Master’s in Illinois ranking, coming in at #11. This small school is located in Joliet, Illinois, and it awarded 55 masters’s business administration degrees in 2019-2020.

As a testament to the quality of education offered at University of Saint Francis, the school also landed the #21 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 Saint Francis are $13,839.

Read more about General Business Administration and Management at University of St Francis

#12

DeVry University - Illinois

Chicago, Illinois
#7 in overall quality

DeVry University - Illinois did quite well in the 2022 Best Value Business Administration Schools for a Master’s in Illinois ranking, coming in at #12. Located in Chicago, Illinois, this large private for-profit school handed out 715 degrees to qualified masters’s business administration students in 2019-2020.

As a testament to the quality of education offered at DeVry University - Illinois, the school also landed the #7 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 DeVry University - Illinois are $17,552.

Read more about General Business Administration and Management at DeVry University - Illinois

#13

DePaul University

Chicago, Illinois
#4 in overall quality

With a ranking of #13, DePaul University did quite well on the 2022 Best Value Business Administration Schools for a Master’s in Illinois list. DePaul is located in Chicago, Illinois and, has a large student population. In 2019-2020, this school awarded 404 masters’s business administration degrees to qualified students.

DePaul also made our “Best General Business Administration and Management Master’s Degree Schools in Illinois” list, coming in at #4. Average graduate tuition and fees at DePaul are $19,760, but you may pay more or less depending on your major.

Full DePaul General Business Administration and Management Report

#14

Loyola University Chicago

Chicago, Illinois
#5 in overall quality

Loyola University Chicago ranked #14 on this year’s Best Value Business Administration Schools for a Master’s in Illinois list. Loyola University Chicago is a fairly large private not-for-profit school situated in Chicago, Illinois. It awarded 144 masters’s business administration degrees in 2019-2020.

As a testament to the quality of education offered at Loyola Chicago, the school also landed the #5 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 Loyola University Chicago are $19,154.

Read full report on General Business Administration and Management at Loyola Chicago

#15

Olivet Nazarene University

Bourbonnais, Illinois
#24 in overall quality

Olivet Nazarene University came in at #15 in this year’s edition of the Best Value Business Administration Schools for a Master’s in Illinois ranking. Located in Bourbonnais, Illinois, this small private not-for-profit school handed out 55 diplomas to qualified masters’s business administration students in 2019-2020.

Olivet Nazarene also took the #24 spot in our “Best General Business Administration and Management Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Olivet Nazarene are $13,393, but some majors have different tuition rates.

Read more about General Business Administration and Management at Olivet Nazarene

#10 in overall quality

University of Illinois at Chicago did quite well in the 2022 Best Value Business Administration Schools for a Master’s in Illinois ranking, coming in at #16. UIC 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.

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. Average graduate tuition and fees at UIC are $27,036, but you may pay more or less depending on your major.

Full University of Illinois at Chicago General Business Administration and Management Report

#17

North Park University

Chicago, Illinois
#22 in overall quality

North Park University came in at #17 in this year’s edition of the Best Value Business Administration Schools for a Master’s in Illinois ranking. North Park University is a private not-for-profit institution located in Chicago, Illinois. The school has a small population, and it awarded 51 masters’s degrees in 2019-2020.

North Park not only placed well in this ranking. It is also #22 on our “Best General Business Administration and Management Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at North Park University 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

#18

Benedictine University

Lisle, Illinois
#12 in overall quality

Benedictine University ranked #18 on this year’s Best Value Business Administration Schools for a Master’s in Illinois list. Located in Lisle, Illinois, this small private not-for-profit school handed out 243 diplomas to qualified masters’s business administration students in 2019-2020.

As a testament to the quality of education offered at Benedictine U, the school also landed the #12 spot in our “Best General Business Administration and Management Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Benedictine University are $19,709, but you may pay more or less depending on your major.

Read full report on General Business Administration and Management at Benedictine U

#19

North Central College

Naperville, Illinois
#20 in overall quality

North Central College landed the #19 spot on the 2022 Best Value Business Administration Schools for a Master’s in Illinois ranking. North Central College is a small private not-for-profit school situated in Naperville, Illinois. It awarded 28 masters’s business administration degrees in 2019-2020.

In addition to being on our illinois master’s degree business administration students list, North Central has also earned the #20 rank in our “Best General Business Administration and Management Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at North Central College are $15,822, but you may pay more or less depending on your major.

Read full report on General Business Administration and Management at North Central College

#20

University of Illinois at Springfield

Springfield, Illinois

University of Illinois at Springfield ranked #20 on this year’s Best Value Business Administration Schools for a Master’s in Illinois list. UIS is a small public school situated in Springfield, Illinois. It awarded 35 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 University of Illinois at Springfield are $16,757.

Read full report on General Business Administration and Management at UIS

#21

Eastern Illinois University

Charleston, Illinois

Eastern Illinois University did quite well in the 2022 Best Value Business Administration Schools for a Master’s in Illinois ranking, coming in at #21. Charleston, Illinois is the setting for this medium-sized institution of higher learning. The public school handed out masters’s business administration degrees to 36 students in 2019-2020.

Average graduate tuition and fees at EIU are $20,761, but some majors have different tuition rates.

Read full report on General Business Administration and Management at EIU

#22

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 ranking, coming in at #22. This small school is located in Elgin, Illinois, and it awarded 33 masters’s business administration degrees in 2019-2020.

Judson did well in our major quality rankings, too. It placed #18 on our “Best General Business Administration and Management Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at Judson University are $18,900, but some majors have different tuition rates.

Full Judson University General Business Administration and Management Report

#23

Governors State University

University Park, Illinois

Governors State University came in at #23 in this year’s edition of the Best Value Business Administration Schools for a Master’s in Illinois ranking. 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 GSU are $14,674, but some majors have different tuition rates.

Read more about General Business Administration and Management at GSU

#24

Rockford University

Rockford, Illinois

Rockford University came in at #24 in this year’s edition of the Best Value Business Administration Schools for a Master’s in Illinois ranking. Located in Rockford, Illinois, this small private not-for-profit school awarded 29 degrees to qualified masters’s business administration students in 2019-2020.

Average graduate tuition and fees at Rockford are $13,255, but you may pay more or less depending on your major.

Read more about General Business Administration and Management at Rockford University

#25

Quincy University

Quincy, Illinois

Quincy University ranked #25 on this year’s Best Value Business Administration Schools for a Master’s in Illinois list. 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.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at Quincy University are $12,000.

Read full report on General Business Administration and Management at Quincy 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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