2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $48-$75k
When pursuing a degree in today’s world, students have many different options to choose from. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Business Administration Schools for a Master’s in Illinois For Those Making $48-$75k” ranking is part of that endeavor.
Business Administration & Management is one of the most popular majors in the nation, ranking 2nd of all the majors we analyze. In 2019-2020, 404,734 degrees were awarded to students with this major. In 2017-2018, business administration and management graduates who were awarded their degree in 2015-2017, earned an average of $46,740 and had an average of $29,113 in loans still to pay off.
Across Illinois, there were 12,211 business administration and management graduates with average earnings and debt of $53,855 and $33,288 respectively. At the master’s degree level specifically, there were 5,610 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 $48-$75k” ranking looked at 37 colleges that offer degrees in a bachelor’s in business administration and management. Not only do the schools that top this list have excellent business administration and management programs, but they also cost less that schools of similar quality.
When determining these rankings, we looked at things such as overall quality of the business administration and management program at the school and the cost to attend the school once aid has been awarded. For more information, check out our ranking methodology.
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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 $48-$75k” 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 $48-$75k
The colleges and universities below are the best for illinois master’s degree business administration students whose families make $48-$75k.
Top 25 Best Value Master’s Degree Colleges for Business Administration & Management (Income $48-$75k) in Illinois
You’ll be in good company if you decide to attend Northwestern University. It ranked #1 on our 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $48-$75k list. Northwestern University is located in Evanston, Illinois and, has a large student population. In 2019-2020, this school awarded 325 masters’s business administration degrees to qualified students.
Northwestern also took the #1 spot in our “Best Business Administration & 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 more about Business Administration & Management at Northwestern
Out of the 37 schools in the Best Value Business Administration Schools for a Master’s in Illinois For Those Making $48-$75k that were part of this year’s ranking, University of Chicago landed the #2 spot on the list. University of Chicago is a fairly large school located in Chicago, Illinois that handed out 228 masters’s business administration degrees in 2019-2020.
UChicago also took the #3 spot in our “Best Business Administration & Management Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at UChicago are $61,548, but you may pay more or less depending on your major.
Read more about Business Administration & Management at UChicago
Out of the 37 schools in the Best Value Business Administration Schools for a Master’s in Illinois For Those Making $48-$75k that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the #3 spot on the list. University of Illinois at Urbana-Champaign is a large school located in Champaign, Illinois that handed out 695 masters’s business administration degrees in 2019-2020.
UIUC also made our “Best Business Administration & Management Master’s Degree Schools in Illinois” list, coming in at #2. Average graduate tuition and fees at UIUC are $30,083, but you may pay more or less depending on your major.
Out of the 37 schools in the Best Value Business Administration Schools for a Master’s in Illinois For Those Making $48-$75k that were part of this year’s ranking, University of Illinois at Chicago landed the #4 spot on the list. UIC is a large public school situated in Chicago, Illinois. It awarded 198 masters’s business administration degrees in 2019-2020.
In addition to being on our illinois master’s degree business administration students whose families make $48-$75k list, UIC has also earned the #10 rank in our “Best Business Administration & Management Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at University of Illinois at Chicago are $27,036, but you may pay more or less depending on your major.
Full University of Illinois at Chicago Business Administration & Management Report
You’ll be in good company if you decide to attend Northern Illinois University. It ranked #5 on our 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $48-$75k list. Dekalb, Illinois is the setting for this fairly large institution of higher learning. The public school handed out masters’s business administration degrees to 146 students in 2019-2020.
NIU also took the #13 spot in our “Best Business Administration & Management Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Northern Illinois University are $11,086, but some majors have different tuition rates.
Read more about Business Administration & Management at Northern Illinois University
University of Illinois at Springfield landed the #6 spot on the 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $48-$75k ranking. University of Illinois at Springfield is a small school located in Springfield, Illinois that handed out 35 masters’s business administration degrees in 2019-2020.
Average graduate tuition and fees at UIS are $16,757, but you may pay more or less depending on your major.
Read more about Business Administration & Management at University of Illinois at Springfield
Judson University landed the #7 spot on the 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $48-$75k ranking. Judson is a small private not-for-profit school situated in Elgin, Illinois. It awarded 44 masters’s business administration degrees in 2019-2020.
In addition to being on our illinois master’s degree business administration students whose families make $48-$75k list, Judson has also earned the #18 rank in our “Best Business Administration & Management Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Judson University are $18,900, but some majors have different tuition rates.
Read more about Business Administration & Management at Judson
Southern Illinois University Edwardsville landed the #8 spot on the 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $48-$75k ranking. Located in Edwardsville, Illinois, this fairly large public school awarded 80 degrees to qualified masters’s business administration students in 2019-2020.
Average graduate tuition and fees at Southern Illinois University Edwardsville are $9,300, but some majors have different tuition rates.
Aurora University did quite well in the 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $48-$75k ranking, coming in at #9. Aurora is a medium-sized school located in Aurora, Illinois that handed out 146 masters’s business administration degrees in 2019-2020.
Aurora did well in our major quality rankings, too. It placed #15 on our “Best Business Administration & 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.
Read more about Business Administration & Management at Aurora
Eastern Illinois University did quite well in the 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $48-$75k ranking, coming in at #10. 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.
Although you might pay more or less depending on your area of study, average graduate tuition and fees at EIU are $20,761.
Full Eastern Illinois University Business Administration & Management Report
University of St Francis did quite well in the 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $48-$75k ranking, coming in at #11. University of St Francis is a small school located in Joliet, Illinois that handed out 55 masters’s business administration degrees in 2019-2020.
In addition to being on our illinois master’s degree business administration students whose families make $48-$75k list, University of Saint Francis has also earned the #21 rank in our “Best Business Administration & 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.
Full University of Saint Francis Business Administration & Management Report
With a ranking of #12, Governors State University did quite well on the 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $48-$75k list. GSU is located in University Park, Illinois and, has a small student population. In 2019-2020, this school awarded 23 masters’s business administration degrees to qualified students.
Average graduate tuition and fees at GSU are $14,674, but some majors have different tuition rates.
Read full report on Business Administration & Management at Governors State University
With a ranking of #13, Saint Xavier University did quite well on the 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $48-$75k list. SXU is located in Chicago, Illinois and, has a small student population. In 2019-2020, this school awarded 18 masters’s business administration degrees to qualified students.
Average graduate tuition and fees at Saint Xavier University are $15,450, but you may pay more or less depending on your major.
With a ranking of #14, Southern Illinois University Carbondale did quite well on the 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $48-$75k list. Carbondale, Illinois is the setting for this fairly large institution of higher learning. The public school handed out masters’s business administration degrees to 43 students in 2019-2020.
Although you might pay more or less depending on your area of study, average graduate tuition and fees at SIUC are $32,928.
Read full report on Business Administration & Management at Southern Illinois University Carbondale
With a ranking of #15, Lewis University did quite well on the 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $48-$75k list. Located in Romeoville, Illinois, this medium-sized private not-for-profit school awarded 160 degrees to qualified masters’s business administration students in 2019-2020.
In addition to being on our illinois master’s degree business administration students whose families make $48-$75k list, Lewis has also earned the #11 rank in our “Best Business Administration & 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 Lewis are $14,780.
With a ranking of #16, Illinois State University did quite well on the 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $48-$75k list. Illinois State University is a large school located in Normal, Illinois that handed out 104 masters’s business administration degrees in 2019-2020.
Illinois State not only placed well in this ranking. It is also #9 on our “Best Business Administration & 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 University are $11,069.
Full Illinois State University Business Administration & Management Report
Western Illinois University landed the #17 spot on the 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $48-$75k ranking. Located in Macomb, Illinois, this medium-sized public school awarded 36 degrees to qualified masters’s business administration students in 2019-2020.
WIU not only placed well in this ranking. It is also #23 on our “Best Business Administration & 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 WIU are $11,996.
Read more about Business Administration & Management at Western Illinois University
With a ranking of #18, Elmhurst University did quite well on the 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $48-$75k list. Elmhurst is a small private not-for-profit school situated in Elmhurst, Illinois. It awarded 72 masters’s business administration degrees in 2019-2020.
Elmhurst did well in our major quality rankings, too. It placed #8 on our “Best Business Administration & 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 Elmhurst are $32,300.
Read full report on Business Administration & Management at Elmhurst University
Quincy University landed the #19 spot on the 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $48-$75k ranking. Quincy University is located in Quincy, Illinois and, has a small student population. In 2019-2020, this school awarded 14 masters’s business administration degrees to qualified students.
Average graduate tuition and fees at Quincy University are $12,000, but you may pay more or less depending on your major.
Read more about Business Administration & Management at Quincy U
Concordia University, Chicago came in at #20 in this year’s edition of the Best Value Business Administration Schools for a Master’s in Illinois For Those Making $48-$75k ranking. This medium-sized school is located in River Forest, Illinois, and it awarded 182 masters’s business administration degrees in 2019-2020.
Concordia University, Chicago did well in our major quality rankings, too. It placed #14 on our “Best Business Administration & 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 Concordia University, Chicago are $9,378.
Read more about Business Administration & Management at Concordia University, Chicago
Millikin University ranked #21 on this year’s Best Value Business Administration Schools for a Master’s in Illinois For Those Making $48-$75k list. Located in Decatur, Illinois, this small private not-for-profit school handed out 26 diplomas to qualified masters’s business administration students in 2019-2020.
Millikin also made our “Best Business Administration & Management Master’s Degree Schools in Illinois” list, coming in at #19. Average graduate tuition and fees at Millikin University are $23,733, but some majors have different tuition rates.
Olivet Nazarene University came in at #22 in this year’s edition of the Best Value Business Administration Schools for a Master’s in Illinois For Those Making $48-$75k ranking. Located in Bourbonnais, Illinois, this small private not-for-profit school awarded 70 diplomas to qualified masters’s business administration students in 2019-2020.
Olivet Nazarene did well in our major quality rankings, too. It placed #24 on our “Best Business Administration & Management Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at Olivet Nazarene are $13,393, but you may pay more or less depending on your major.
Full Olivet Nazarene Business Administration & Management Report
North Park University ranked #23 on this year’s Best Value Business Administration Schools for a Master’s in Illinois For Those Making $48-$75k list. This small school is located in Chicago, Illinois, and it awarded 80 masters’s business administration degrees in 2019-2020.
North Park also made our “Best Business Administration & Management Master’s Degree Schools in Illinois” list, coming in at #22. Average graduate tuition and fees at North Park are $14,076, but you may pay more or less depending on your major.
Read full report on Business Administration & Management at North Park
Dominican University ranked #24 on this year’s Best Value Business Administration Schools for a Master’s in Illinois For Those Making $48-$75k list. Dominican U is a small school located in River Forest, Illinois that handed out 38 masters’s business administration degrees in 2019-2020.
Average graduate tuition and fees at Dominican U are $20,884, but you may pay more or less depending on your major.
Read full report on Business Administration & Management at Dominican University
Illinois Institute of Technology landed the #25 spot on the 2022 Best Value Business Administration Schools for a Master’s in Illinois For Those Making $48-$75k ranking. Illinois Tech is a private not-for-profit institution located in Chicago, Illinois. The school has a medium-sized population, and it awarded 19 masters’s degrees in 2019-2020.
In addition to being on our illinois master’s degree business administration students whose families make $48-$75k list, Illinois Tech has also earned the #17 rank in our “Best Business Administration & Management Master’s Degree Schools in Illinois” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Illinois Institute of Technology are $30,695.
Full Illinois Institute of Technology Business Administration & Management Report
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Notes and References
References
- The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
- Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
- Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.
Read more about our data sources and methodologies
Footnotes
- *Average salary, average net price, and average tuition and fees are for the top schools only.
- Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.
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