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2022 Best Value Bachelor’s Degree Colleges for Business Administration & Management (Income $75-$110k) in Illinois

41 Ranked Colleges
4,577 Degrees Awarded
$20,900 Avg Net Price*
Best Value Business Administration Schools for a Bachelor's in Illinois For Those Making $75-$110k

Students have lots of options to chooose from today when trying to decide which college to attend. College Factual has developed its “Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $75-$110k” ranking as one item you can use to help make this decision.

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 bachelor’s degree level specifically, there were 4,577 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 For Those Making $75-$110k” ranking, we looked at 41 colleges that offer a degree in business administration and management. The schools that top this list are recognized because they have great business administration and management programs and cost less that 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 business administration and management program at the school. For more information, check out our ranking methodology.

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 For Those Making $75-$110k” ranking, along with many other major-related rankings, to help you make that 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. 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 For Those Making $75-$110k

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

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

You’ll be in good company if you decide to attend University of Illinois at Springfield. It ranked #1 on our 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $75-$110k list. This small school is located in Springfield, Illinois, and it awarded 122 bachelors’s business administration degrees in 2019-2020.

In addition to being on our illinois bachelor’s degree business administration students whose families make $75-$110k list, UIS has also earned the #15 rank in our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” ranking. It costs about $17,342 for illinois bachelor’s degree business administration students whose families make $75-$110k per year to attend UIS.

Read more about Business Administration & Management at UIS

Out of the 41 schools in the Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $75-$110k that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the #2 spot on the list. University of Illinois at Urbana-Champaign is a public institution located in Champaign, Illinois. The school has a large population, and it awarded 135 bachelors’s degrees in 2019-2020.

As a testament to the quality of education offered at UIUC, the school also landed the #1 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for University of Illinois at Urbana-Champaign is $21,998 for illinois bachelor’s degree business administration students whose families make $75-$110k.

The low student loan default rate of 2.4% 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%. With a freshman retention rate of 94%, the school does an excellent job of retaining its students.

Read full report on Business Administration & Management at UIUC

#3

Northern Illinois University

Dekalb, Illinois

Out of the 41 schools in the Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $75-$110k that were part of this year’s ranking, Northern Illinois University landed the #3 spot on the list. NIU is a fairly large school located in Dekalb, Illinois that handed out 174 bachelors’s business administration degrees in 2019-2020.

NIU did well in our major quality rankings, too. It placed #9 on our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” list. It costs about $21,425 for illinois bachelor’s degree business administration students whose families make $75-$110k per year to attend NIU.

Read full report on Business Administration & Management at Northern Illinois University

#4

Governors State University

University Park, Illinois

Out of the 41 schools in the Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $75-$110k that were part of this year’s ranking, Governors State University landed the #4 spot on the list. Governors State University is a small school located in University Park, Illinois that handed out 100 bachelors’s business administration degrees in 2019-2020.

It costs about $17,845 for illinois bachelor’s degree business administration students whose families make $75-$110k per year to attend GSU.

Read more about Business Administration & Management at GSU

You’ll join some of the best and brightest minds around if you attend Southern Illinois University Edwardsville. The school came in at #5 for the Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $75-$110k. SIUE is located in Edwardsville, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 244 bachelors’s business administration degrees to qualified students.

In addition to being on our illinois bachelor’s degree business administration students whose families make $75-$110k list, SIUE has also earned the #14 rank in our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend SIUE is $18,928 for illinois bachelor’s degree business administration students whose families make $75-$110k.

Read more about Business Administration & Management at SIUE

#6

Aurora University

Aurora, Illinois

Aurora University did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $75-$110k ranking, coming in at #6. Aurora University is a private not-for-profit institution located in Aurora, Illinois. The school has a medium-sized population, and it awarded 128 bachelors’s degrees in 2019-2020.

Aurora did well in our major quality rankings, too. It placed #10 on our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Aurora University is $19,609 for Illinois Bachelor’s Degree Business Administration students whose families make $75-$110k.

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 Business Administration & Management Report

#7

Monmouth College

Monmouth, Illinois

Monmouth College did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $75-$110k ranking, coming in at #7. Located in Monmouth, Illinois, this small private not-for-profit school handed out 43 diplomas to qualified bachelors’s business administration students in 2019-2020.

Monmouth also made our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” list, coming in at #18. It costs about $18,081 for Illinois Bachelor’s Degree Business Administration students whose families make $75-$110k per year to attend Monmouth.

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. The school has an impressive student loan default rate. It’s only 4.5%, which is much lower than the national rate of 10.1%.

Read more about Business Administration & Management at Monmouth College

#12 in overall quality

University of Illinois at Chicago did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $75-$110k ranking, coming in at #8. UIC is a large school located in Chicago, Illinois that handed out 56 bachelors’s business administration degrees in 2019-2020.

As a testament to the quality of education offered at UIC, the school also landed the #12 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” ranking. It costs about $20,270 for illinois bachelor’s degree business administration students whose families make $75-$110k per year to attend University of Illinois at Chicago.

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 Business Administration & Management at UIC

#9

Eastern Illinois University

Charleston, Illinois

With a ranking of #9, Eastern Illinois University did quite well on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $75-$110k list. EIU is a medium-sized school located in Charleston, Illinois that handed out 13 bachelors’s business administration degrees in 2019-2020.

The yearly cost to attend Eastern Illinois University is $19,147 for illinois bachelor’s degree business administration students whose families make $75-$110k.

Full EIU Business Administration & Management Report

#10

Judson University

Elgin, Illinois

Judson University landed the #10 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $75-$110k ranking. Elgin, 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 55 students in 2019-2020.

Judson not only placed well in this ranking. It is also #13 on our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Judson is $20,758 for illinois bachelor’s degree business administration students whose families make $75-$110k.

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 full report on Business Administration & Management at Judson University

#11

Western Illinois University

Macomb, Illinois

Western Illinois University ranked #11 on this year’s Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $75-$110k list. WIU is a medium-sized public school situated in Macomb, Illinois. It awarded 80 bachelors’s business administration degrees in 2019-2020.

WIU not only placed well in this ranking. It is also #22 on our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” list. It costs about $20,181 for illinois bachelor’s degree business administration students whose families make $75-$110k per year to attend Western Illinois University.

Full WIU Business Administration & Management Report

#12

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 For Those Making $75-$110k ranking, coming in at #12. National Louis University is a medium-sized private not-for-profit school situated in Chicago, Illinois. It awarded 36 bachelors’s business administration degrees in 2019-2020.

It costs about $21,269 for illinois bachelor’s degree business administration students whose families make $75-$110k per year to attend National Louis University.

Read full report on Business Administration & Management at National Louis University

#13

Dominican University

River Forest, Illinois

Dominican University landed the #13 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $75-$110k ranking. Dominican University is located in River Forest, Illinois and, has a small student population. In 2019-2020, this school awarded 69 bachelors’s business administration degrees to qualified students.

Dominican U also took the #16 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Dominican U is $21,979 for illinois bachelor’s degree business administration students whose families make $75-$110k.

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 Dominican University Business Administration & Management Report

#14

Lincoln College

Lincoln, Illinois

Lincoln College ranked #14 on this year’s Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $75-$110k list. This small school is located in Lincoln, Illinois, and it awarded 56 bachelors’s business administration degrees in 2019-2020.

The estimated yearly cost for Lincoln College is $24,650 for illinois bachelor’s degree business administration students whose families make $75-$110k.

Read full report on Business Administration & Management at Lincoln College

#15

Millikin University

Decatur, Illinois

Millikin University ranked #15 on this year’s Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $75-$110k list. Millikin University is a small school located in Decatur, Illinois that handed out 30 bachelors’s business administration degrees in 2019-2020.

Millikin also took the #23 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” ranking. It costs about $23,486 for Illinois Bachelor’s Degree Business Administration students whose families make $75-$110k per year to attend Millikin University.

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 more about Business Administration & Management at Millikin University

#16

North Park University

Chicago, Illinois

North Park University landed the #16 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $75-$110k ranking. This small school is located in Chicago, Illinois, and it awarded 114 bachelors’s business administration degrees in 2019-2020.

North Park also took the #17 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” ranking. It costs about $19,563 for illinois bachelor’s degree business administration students whose families make $75-$110k per year to attend North Park University.

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 full report on Business Administration & Management at North Park

Southern Illinois University Carbondale did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $75-$110k ranking, coming in at #17. Southern Illinois University Carbondale is a fairly large school located in Carbondale, Illinois that handed out 29 bachelors’s business administration degrees in 2019-2020.

The estimated yearly cost for SIUC is $20,698 for illinois bachelor’s degree business administration students whose families make $75-$110k.

Read full report on Business Administration & Management at Southern Illinois University Carbondale

#18

Lewis University

Romeoville, Illinois

Lewis University did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $75-$110k ranking, coming in at #18. Lewis is located in Romeoville, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 90 bachelors’s business administration degrees to qualified students.

Lewis also took the #11 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Lewis University is $21,123 for illinois bachelor’s degree business administration students whose families make $75-$110k.

The school has an impressive student loan default rate. It’s only 3.6%, which is much lower than the national rate of 10.1%.

Read full report on Business Administration & Management at Lewis

#19

Concordia University, Chicago

River Forest, Illinois

Concordia University, Chicago 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 $75-$110k ranking. Concordia University, Chicago is a medium-sized school located in River Forest, Illinois that handed out 37 bachelors’s business administration degrees in 2019-2020.

The estimated yearly cost for Concordia University, Chicago is $17,820 for illinois bachelor’s degree business administration students whose families make $75-$110k.

Full Concordia University, Chicago Business Administration & Management Report

#20

University of St Francis

Joliet, Illinois
#24 in overall quality

University of St Francis landed the #20 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $75-$110k ranking. University of Saint Francis is a small school located in Joliet, Illinois that handed out 3 bachelors’s business administration degrees in 2019-2020.

University of Saint Francis also took the #24 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” ranking. It costs about $20,629 for Illinois Bachelor’s Degree Business Administration students whose families make $75-$110k per year to attend University of Saint Francis.

The low student loan default rate of 3.3% 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 Business Administration & Management at University of Saint Francis

#21

Augustana College

Rock Island, Illinois

Augustana College did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $75-$110k ranking, coming in at #21. Augustana is a small private not-for-profit school situated in Rock Island, Illinois. It awarded 52 bachelors’s business administration degrees in 2019-2020.

Augustana also took the #2 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” ranking. It costs about $23,730 for illinois bachelor’s degree business administration students whose families make $75-$110k per year to attend Augustana.

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 Business Administration & Management Report

#22

Illinois College

Jacksonville, Illinois
#21 in overall quality

With a ranking of #22, Illinois College did quite well on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $75-$110k list. Illinois College is a small private not-for-profit school situated in Jacksonville, Illinois. It awarded 51 bachelors’s business administration degrees in 2019-2020.

Illinois College also made our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” list, coming in at #21. The estimated yearly cost for Illinois College is $19,711 for illinois bachelor’s degree business administration students whose families make $75-$110k.

Read full report on Business Administration & Management at Illinois College

Illinois Institute of Technology ranked #23 on this year’s Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $75-$110k list. Illinois Tech is a medium-sized private not-for-profit school situated in Chicago, Illinois. It awarded 24 bachelors’s business administration degrees in 2019-2020.

In addition to being on our illinois bachelor’s degree business administration students whose families make $75-$110k list, Illinois Tech has also earned the #4 rank in our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” ranking. It costs about $24,888 for Illinois Bachelor’s Degree Business Administration students whose families make $75-$110k per year to attend Illinois Tech.

Students who start out at the school are likely to stick around. The freshman retention rate is 87%. 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. The low student loan default rate of 2.9% 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 Business Administration & Management at Illinois Institute of Technology

#23

McKendree University

Lebanon, Illinois

McKendree University ranked #23 on this year’s Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $75-$110k list. McKendree is located in Lebanon, Illinois and, has a small student population. In 2019-2020, this school awarded 50 bachelors’s business administration degrees to qualified students.

McKendree did well in our major quality rankings, too. It placed #25 on our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” list. It costs about $23,434 for illinois bachelor’s degree business administration students whose families make $75-$110k per year to attend McKendree.

Read more about Business Administration & Management at McKendree University

#25

Elmhurst University

Elmhurst, Illinois

Elmhurst University ranked #25 on this year’s Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Making $75-$110k list. Elmhurst University is a private not-for-profit institution located in Elmhurst, Illinois. The school has a small population, and it awarded 92 bachelors’s degrees in 2019-2020.

Elmhurst not only placed well in this ranking. It is also #7 on our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Elmhurst University is $23,604 for illinois bachelor’s degree business administration students whose families make $75-$110k.

The low student loan default rate of 3.0% 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 Business Administration & Management at Elmhurst 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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