2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Getting Aid
Students have lots of options to chooose from today when trying to decide which college to attend. 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 Bachelor’s in Illinois For Those Getting Aid” ranking is one tool we have developed to help in this regard.
With 404,734 degrees handed out in 2019-2020, business administration and management is the 2nd most popular major in the United States. 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 Getting Aid” ranking, we looked at 42 colleges that offer a degree 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. Check out our ranking methodology for more information.
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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 Getting Aid” ranking, along with many other major-related rankings, to help you make that decision.
You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.
Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Getting Aid
The following schools top our list of the Best Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Getting Aid.
Top 25 Best Value Bachelor’s Degree Colleges for Business Administration & Management in Illinois (With Aid)
You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #1 on our 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Getting Aid list. Located in Champaign, Illinois, this large public school handed out 135 diplomas to qualified bachelors’s business administration students in 2019-2020.
UIUC also made our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” list, coming in at #1. The yearly cost to attend University of Illinois at Urbana-Champaign is $15,880 for Illinois Bachelor’s Degree Business Administration students with aid.
The school has an impressive student loan default rate. It’s only 2.4%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year.
You’ll join some of the best and brightest minds around if you attend University of Illinois at Springfield. The school came in at #2 for the Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Getting Aid. UIS 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 made our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” list, coming in at #15. The yearly cost to attend UIS is $12,477 for illinois bachelor’s degree business administration students with aid.
Read full report on Business Administration & Management at University of Illinois at Springfield
You’ll be in good company if you decide to attend University of Illinois at Chicago. It ranked #3 on our 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Getting Aid list. Chicago, Illinois is the setting for this large institution of higher learning. The public school handed out bachelors’s business administration degrees to 56 students in 2019-2020.
UIC also took the #12 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for UIC is $13,312 for illinois bachelor’s degree business administration students with aid.
The school has an impressive student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%.
Read more about Business Administration & Management at University of Illinois at Chicago
Out of the 42 schools in the Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Getting Aid that were part of this year’s ranking, Governors State University landed the #4 spot on the list. Governors State University is a small public school situated in University Park, Illinois. It awarded 100 bachelors’s business administration degrees in 2019-2020.
The yearly cost to attend Governors State University is $12,077 for Illinois Bachelor’s Degree Business Administration students with aid.
Read more about Business Administration & Management at Governors State University
Out of the 42 schools in the Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Getting Aid that were part of this year’s ranking, Northern Illinois University landed the #5 spot on the list. This fairly large school is located in Dekalb, Illinois, and it awarded 174 bachelors’s business administration degrees in 2019-2020.
NIU also took the #9 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” ranking. It costs about $18,259 for illinois bachelor’s degree business administration students with aid per year to attend NIU.
Read full report on Business Administration & Management at Northern Illinois University
Southern Illinois University Edwardsville landed the #6 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Getting Aid ranking. Located in Edwardsville, Illinois, this fairly large public school handed out 244 diplomas to qualified bachelors’s business administration students in 2019-2020.
SIUE also took the #14 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” ranking. It costs about $14,423 for illinois bachelor’s degree business administration students with aid per year to attend SIUE.
Read more about Business Administration & Management at Southern Illinois University Edwardsville
Judson University landed the #7 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Getting Aid ranking. Judson University is a small private not-for-profit school situated in Elgin, Illinois. It awarded 55 bachelors’s business administration degrees in 2019-2020.
Judson did well in our major quality rankings, too. It placed #13 on our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for Judson University is $18,737 for illinois bachelor’s degree business administration students with aid.
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.
Eastern Illinois University ranked #8 on this year’s Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Getting Aid list. Located in Charleston, Illinois, this medium-sized public school handed out 13 degrees to qualified bachelors’s business administration students in 2019-2020.
The yearly cost to attend Eastern Illinois University is $14,607 for Illinois Bachelor’s Degree Business Administration students with aid.
Chicago State University ranked #9 on this year’s Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Getting Aid list. This small school is located in Chicago, Illinois, and it awarded 48 bachelors’s business administration degrees in 2019-2020.
It costs about $11,733 for Illinois Bachelor’s Degree Business Administration students with aid per year to attend Chicago State University.
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.
Western Illinois University landed the #10 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Getting Aid ranking. WIU is a public institution located in Macomb, Illinois. The school has a medium-sized population, and it awarded 80 bachelors’s degrees in 2019-2020.
WIU did well in our major quality rankings, too. It placed #22 on our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend WIU is $16,210 for illinois bachelor’s degree business administration students with aid.
Read more about Business Administration & Management at Western Illinois University
Aurora University landed the #11 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Getting Aid ranking. This medium-sized school is located in Aurora, Illinois, and it awarded 128 bachelors’s business administration 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 $17,215 for Illinois Bachelor’s Degree Business Administration students with aid.
The student loan default rate at the school is 4.4%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Business Administration & Management at Aurora
Illinois College came in at #12 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Getting Aid ranking. Located in Jacksonville, Illinois, this small private not-for-profit school awarded 51 degrees to qualified bachelors’s business administration students in 2019-2020.
Illinois College not only placed well in this ranking. It is also #21 on our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” list. It costs about $16,562 for Illinois Bachelor’s Degree Business Administration students with aid per year to attend Illinois College.
Full Illinois College Business Administration & Management Report
National Louis University came in at #13 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Getting Aid ranking. This medium-sized school is located in Chicago, Illinois, and it awarded 36 bachelors’s business administration degrees in 2019-2020.
The estimated yearly cost for National Louis University is $14,957 for Illinois Bachelor’s Degree Business Administration students with aid.
Full National Louis University Business Administration & Management Report
With a ranking of #14, University of St Francis did quite well on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Getting Aid list. University of Saint Francis is a private not-for-profit institution located in Joliet, Illinois. The school has a small population, and it awarded 3 bachelors’s degrees in 2019-2020.
In addition to being on our illinois bachelor’s degree business administration students with aid list, University of Saint Francis has also earned the #24 rank in our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend University of St Francis is $17,538 for Illinois Bachelor’s Degree Business Administration students with aid.
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 full report on Business Administration & Management at University of Saint Francis
Dominican University did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Getting Aid ranking, coming in at #15. 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 did well in our major quality rankings, too. It placed #16 on our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for Dominican U is $19,268 for Illinois Bachelor’s Degree Business Administration students with aid.
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
With a ranking of #16, Illinois State University did quite well on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Getting Aid list. Illinois State University is a large public school situated in Normal, Illinois. It awarded 144 bachelors’s business administration degrees in 2019-2020.
In addition to being on our illinois bachelor’s degree business administration students with aid list, Illinois State has also earned the #6 rank in our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Illinois State is $20,895 for illinois bachelor’s degree business administration students with aid.
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 Business Administration & Management at Illinois State
Monmouth College came in at #17 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Getting Aid ranking. Monmouth is a small school located in Monmouth, Illinois that handed out 43 bachelors’s business administration degrees in 2019-2020.
Monmouth also took the #18 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” ranking. It costs about $17,061 for Illinois Bachelor’s Degree Business Administration students with aid per year to attend Monmouth.
The low student loan default rate of 4.5% 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 student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
Read full report on Business Administration & Management at Monmouth College
Southern Illinois University Carbondale did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Getting Aid ranking, coming in at #18. This fairly large school is located in Carbondale, Illinois, and it awarded 29 bachelors’s business administration degrees in 2019-2020.
The estimated yearly cost for SIUC is $16,945 for illinois bachelor’s degree business administration students with aid.
Read more about Business Administration & Management at SIUC
Lewis University landed the #19 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Getting Aid ranking. Located in Romeoville, Illinois, this medium-sized private not-for-profit school awarded 90 diplomas to qualified bachelors’s business administration students in 2019-2020.
Lewis not only placed well in this ranking. It is also #11 on our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” list. It costs about $18,664 for Illinois Bachelor’s Degree Business Administration students with aid per year to attend Lewis.
The student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Business Administration & Management at Lewis University
Northeastern Illinois University did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Getting Aid ranking, coming in at #20. This medium-sized school is located in Chicago, Illinois, and it awarded 70 bachelors’s business administration degrees in 2019-2020.
It costs about $15,843 for Illinois Bachelor’s Degree Business Administration students with aid per year to attend Northeastern Illinois University.
Read more about Business Administration & Management at Northeastern Illinois University
North Park University did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Getting Aid ranking, coming in at #21. North Park University is a small school located in Chicago, Illinois that handed out 114 bachelors’s business administration degrees in 2019-2020.
In addition to being on our illinois bachelor’s degree business administration students with aid list, North Park has also earned the #17 rank in our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” ranking. It costs about $19,170 for Illinois Bachelor’s Degree Business Administration students with aid per year to attend North Park University.
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.
Lincoln College did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Getting Aid ranking, coming in at #22. Lincoln College is a small school located in Lincoln, Illinois that handed out 56 bachelors’s business administration degrees in 2019-2020.
The yearly cost to attend Lincoln College is $21,797 for Illinois Bachelor’s Degree Business Administration students with aid.
Read full report on Business Administration & Management at Lincoln College
Elmhurst University ranked #23 on this year’s Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Getting Aid list. This small school is located in Elmhurst, Illinois, and it awarded 92 bachelors’s business administration degrees in 2019-2020.
In addition to being on our illinois bachelor’s degree business administration students with aid list, Elmhurst has also earned the #7 rank in our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Elmhurst University is $21,485 for Illinois Bachelor’s Degree Business Administration students with aid.
The school has an impressive student loan default rate. It’s only 3.0%, which is much lower than the national rate of 10.1%.
Augustana College landed the #24 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Getting Aid ranking. This small school is located in Rock Island, Illinois, and it awarded 52 bachelors’s business administration degrees in 2019-2020.
In addition to being on our illinois bachelor’s degree business administration students with aid list, Augustana has also earned the #2 rank in our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Augustana is $23,874 for illinois bachelor’s degree business administration students with aid.
The school has an impressive student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 85%, the school does an excellent job of retaining its students.
Read full report on Business Administration & Management at Augustana College
Concordia University, Chicago came in at #25 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Illinois For Those Getting Aid ranking. River Forest, Illinois is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out bachelors’s business administration degrees to 37 students in 2019-2020.
It costs about $16,512 for illinois bachelor’s degree business administration students with aid per year to attend Concordia University, Chicago.
Read more about Business Administration & Management at Concordia University, Chicago
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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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