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2022 Best Value Managerial Economics Schools for a Bachelor’s in Illinois

9 Ranked Colleges
226 Degrees Awarded
$23,100 Avg Net Price*
Best Value Managerial Economics Schools for a Bachelor's in Illinois

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 Managerial Economics Schools for a Bachelor’s in Illinois” ranking is one tool we have developed to help in this regard.

Business/Managerial Economics is the 110th most popular major in the country with 6,169 degrees awarded in 2019-2020. In 2017-2018, business/managerial economics graduates who were awarded their degree in 2015-2017, earned an average of $46,084 and had an average of $21,728 in loans still to pay off.

Across Illinois, there were 271 business/managerial economics graduates with average earnings and debt of $50,133 and $21,458 respectively. At the bachelor’s degree level specifically, there were 226 business/managerial economics graduates with average earnings and debt of $38,319 and $24,183 respectively.

This year’s “Best Value Managerial Economics Schools for a Bachelor’s in Illinois” ranking looked at 9 colleges that offer degrees in a bachelor’s in business/managerial economics. The schools that top this list are recognized because they have great business/managerial economics programs and cost less that schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the business/managerial economics program at the school and the cost to attend the school once aid has been awarded. For more information, check out our ranking methodology.

More Ways to Rank Business/Managerial Economics Schools

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Managerial Economics Schools for a Bachelor’s in Illinois” list, to help you choose the best school for you.

You can create your own custom comparison that focuses on the factors most important to you using our 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 Managerial Economics Schools for a Bachelor’s in Illinois

The colleges and universities below are the best for illinois bachelor’s degree managerial economics students.

Top 9 Best Value Bachelor’s Degree Colleges for Business/Managerial Economics in Illinois

You’ll be in good company if you decide to attend Southern Illinois University Edwardsville. It ranked #1 on our 2022 Best Value Managerial Economics Schools for a Bachelor’s in Illinois list. SIUE is a public institution located in Edwardsville, Illinois. The school has a fairly large population, and it awarded 34 bachelors’s degrees in 2019-2020.

SIUE also made our “Best Business/Managerial Economics Bachelor’s Degree Schools in Illinois” list, coming in at #6. It costs about $14,423 for Illinois Bachelor’s Degree Managerial Economics students per year to attend SIUE.

Full SIUE Business/Managerial Economics Report

#2

Western Illinois University

Macomb, Illinois
#9 in overall quality

You’ll be in good company if you decide to attend Western Illinois University. It ranked #2 on our 2022 Best Value Managerial Economics Schools for a Bachelor’s in Illinois list. Western Illinois University is a medium-sized public school situated in Macomb, Illinois. It awarded 4 bachelors’s managerial economics degrees in 2019-2020.

In addition to being on our illinois bachelor’s degree managerial economics students list, WIU has also earned the #9 rank in our “Best Business/Managerial Economics Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for WIU is $16,210 for illinois bachelor’s degree managerial economics students.

Read more about Business/Managerial Economics at Western Illinois University

#8 in overall quality

You’ll be in good company if you decide to attend Southern Illinois University Carbondale. It ranked #3 on our 2022 Best Value Managerial Economics Schools for a Bachelor’s in Illinois list. Southern Illinois University Carbondale is located in Carbondale, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 5 bachelors’s managerial economics degrees to qualified students.

SIUC also made our “Best Business/Managerial Economics Bachelor’s Degree Schools in Illinois” list, coming in at #8. It costs about $16,945 for illinois bachelor’s degree managerial economics students per year to attend SIUC.

Read full report on Business/Managerial Economics at SIUC

#4

Wheaton College Illinois

Wheaton, Illinois

You’ll join some of the best and brightest minds around if you attend Wheaton College Illinois. The school came in at #4 for the Best Value Managerial Economics Schools for a Bachelor’s in Illinois. Wheaton College Illinois is a private not-for-profit institution located in Wheaton, Illinois. The school has a small population, and it awarded 66 bachelors’s degrees in 2019-2020.

Wheaton College Illinois also took the #1 spot in our “Best Business/Managerial Economics Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Wheaton College Illinois is $25,358 for Illinois Bachelor’s Degree Managerial Economics 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. With a freshman retention rate of 90%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 0.7%, which is much lower than the national rate of 10.1%.

Full Wheaton College Illinois Business/Managerial Economics Report

#5

Bradley University

Peoria, Illinois
#3 in overall quality

Out of the 9 schools in the Best Value Managerial Economics Schools for a Bachelor’s in Illinois that were part of this year’s ranking, Bradley University landed the #5 spot on the list. Bradley is located in Peoria, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 6 bachelors’s managerial economics degrees to qualified students.

As a testament to the quality of education offered at Bradley, the school also landed the #3 spot in our “Best Business/Managerial Economics Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Bradley is $25,634 for Illinois Bachelor’s Degree Managerial Economics students.

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%. With a freshman retention rate of 86%, the school does an excellent job of retaining its students.

Full Bradley University Business/Managerial Economics Report

#6

Lewis University

Romeoville, Illinois
#5 in overall quality

Lewis University ranked #6 on this year’s Best Value Managerial Economics Schools for a Bachelor’s in Illinois list. This medium-sized school is located in Romeoville, Illinois, and it awarded 11 bachelors’s managerial economics degrees in 2019-2020.

Lewis did well in our major quality rankings, too. It placed #5 on our “Best Business/Managerial Economics Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for Lewis University is $18,664 for Illinois Bachelor’s Degree Managerial Economics students.

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 more about Business/Managerial Economics at Lewis

#7

Benedictine University

Lisle, Illinois
#7 in overall quality

Benedictine University ranked #7 on this year’s Best Value Managerial Economics Schools for a Bachelor’s in Illinois list. Benedictine U is located in Lisle, Illinois and, has a small student population. In 2019-2020, this school awarded 4 bachelors’s managerial economics degrees to qualified students.

Benedictine U not only placed well in this ranking. It is also #7 on our “Best Business/Managerial Economics Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for Benedictine U is $25,143 for Illinois Bachelor’s Degree Managerial Economics students.

Full Benedictine U Business/Managerial Economics Report

#8

DePaul University

Chicago, Illinois

DePaul University came in at #8 in this year’s edition of the Best Value Managerial Economics Schools for a Bachelor’s in Illinois ranking. This large school is located in Chicago, Illinois, and it awarded 33 bachelors’s managerial economics degrees in 2019-2020.

DePaul also took the #4 spot in our “Best Business/Managerial Economics Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend DePaul is $30,090 for illinois bachelor’s degree managerial economics students.

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 full report on Business/Managerial Economics at DePaul University

#9

Loyola University Chicago

Chicago, Illinois

Loyola University Chicago landed the #9 spot on the 2022 Best Value Managerial Economics Schools for a Bachelor’s in Illinois ranking. Loyola Chicago is a fairly large private not-for-profit school situated in Chicago, Illinois. It awarded 63 bachelors’s managerial economics degrees in 2019-2020.

Loyola Chicago also took the #2 spot in our “Best Business/Managerial Economics Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Loyola Chicago is $35,407 for Illinois Bachelor’s Degree Managerial Economics students.

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%. The school has an excellent freshman retention rate of 85%, which means students like the school well enough to return for a second year.

Full Loyola University Chicago Business/Managerial Economics 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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