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2022 Best Value Finance Schools for a Master’s in Illinois For Those Making $0-$30k

8 Ranked Colleges
106 Degrees Awarded
$23,100 Avg Grad Tuition & Fees*
Best Value Finance Schools for a Master's in Illinois For Those Making $0-$30k

It’s not easy to decide which college to attend when there so many options available for students. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Finance Schools for a Master’s in Illinois For Those Making $0-$30k” ranking - to help you make that decision.

Finance & Financial Management is the 14th most popular major in the country with 57,893 degrees awarded in 2019-2020. In 2017-2018, finance and financial management graduates who were awarded their degree in 2015-2017, earned an average of $51,578 and had an average of $26,517 in loans still to pay off.

Across Illinois, there were 2,123 finance and financial management graduates with average earnings and debt of $48,379 and $24,496 respectively. At the master’s degree level specifically, there were 106 finance and financial management graduates with average earnings and debt of $57,267 and $46,814 respectively.

This year’s “Best Value Finance Schools for a Master’s in Illinois For Those Making $0-$30k” ranking analyzed 8 colleges that offered a degree in finance and financial management. Not only do the schools that top this list have excellent finance and financial management programs, but they also 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 finance and financial management program at the school. Check out our ranking methodology for more information.

More Ways to Rank Finance & Financial 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 Finance Schools for a Master’s in Illinois For Those Making $0-$30k” list to help you make the college decision.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. 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 Finance Schools for a Master’s in Illinois For Those Making $0-$30k

The colleges and universities below are the best for illinois master’s degree finance students whose families make $0-$30k.

Top 8 Best Value Master’s Degree Colleges for Finance & Financial Management (Income $0-$30k) in Illinois

#1

Northwestern University

Evanston, Illinois
#1 in overall quality

You’ll be in good company if you decide to attend Northwestern University. It ranked #1 on our 2022 Best Value Finance Schools for a Master’s in Illinois For Those Making $0-$30k list. Northwestern University is a private not-for-profit institution located in Evanston, Illinois. The school has a large population, and it awarded 27 masters’s degrees in 2019-2020.

Northwestern also made our “Best Finance & Financial Management Master’s Degree Schools in Illinois” list, coming in at #1. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Northwestern University are $56,567.

Read more about Finance & Financial Management at Northwestern University

#4 in overall quality

You’ll be in good company if you decide to attend University of Illinois at Chicago. It ranked #2 on our 2022 Best Value Finance Schools for a Master’s in Illinois For Those Making $0-$30k list. Located in Chicago, Illinois, this large public school handed out 3 diplomas to qualified masters’s finance students in 2019-2020.

UIC also made our “Best Finance & Financial Management Master’s Degree Schools in Illinois” list, coming in at #4. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Illinois at Chicago are $27,036.

Read full report on Finance & Financial Management at University of Illinois at Chicago

#3

Northern Illinois University

Dekalb, Illinois
#5 in overall quality

You’ll be in good company if you decide to attend Northern Illinois University. It ranked #3 on our 2022 Best Value Finance Schools for a Master’s in Illinois For Those Making $0-$30k list. Northern Illinois University is located in Dekalb, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 1 masters’s finance degrees to qualified students.

NIU did well in our major quality rankings, too. It placed #5 on our “Best Finance & Financial 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 NIU are $11,086.

Read full report on Finance & Financial Management at Northern Illinois University

#4

Saint Xavier University

Chicago, Illinois

You’ll join some of the best and brightest minds around if you attend Saint Xavier University. The school came in at #4 for the Best Value Finance Schools for a Master’s in Illinois For Those Making $0-$30k. Saint Xavier University is a private not-for-profit institution located in Chicago, Illinois. The school has a small population, and it awarded 20 masters’s degrees in 2019-2020.

As a testament to the quality of education offered at SXU, the school also landed the #3 spot in our “Best Finance & Financial 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 Saint Xavier University are $15,450.

Full SXU Finance & Financial Management Report

#2 in overall quality

You’ll be in good company if you decide to attend Illinois Institute of Technology. It ranked #5 on our 2022 Best Value Finance Schools for a Master’s in Illinois For Those Making $0-$30k list. Illinois Institute of Technology is a medium-sized school located in Chicago, Illinois that handed out 38 masters’s finance degrees in 2019-2020.

As a testament to the quality of education offered at Illinois Tech, the school also landed the #2 spot in our “Best Finance & Financial Management Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Illinois Tech are $30,695, but you may pay more or less depending on your major.

Read more about Finance & Financial Management at Illinois Institute of Technology

#6

Lewis University

Romeoville, Illinois
#8 in overall quality

Lewis University did quite well in the 2022 Best Value Finance Schools for a Master’s in Illinois For Those Making $0-$30k ranking, coming in at #6. Located in Romeoville, Illinois, this medium-sized private not-for-profit school handed out 1 degrees to qualified masters’s finance students in 2019-2020.

Lewis not only placed well in this ranking. It is also #8 on our “Best Finance & Financial Management Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at Lewis University are $14,780, but you may pay more or less depending on your major.

Read full report on Finance & Financial Management at Lewis University

#7

Concordia University, Chicago

River Forest, Illinois
#6 in overall quality

With a ranking of #7, Concordia University, Chicago did quite well on the 2022 Best Value Finance Schools for a Master’s in Illinois For Those Making $0-$30k list. River Forest, Illinois is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out masters’s finance degrees to 15 students in 2019-2020.

Concordia University, Chicago also made our “Best Finance & Financial Management Master’s Degree Schools in Illinois” list, coming in at #6. Average graduate tuition and fees at Concordia University, Chicago are $9,378, but some majors have different tuition rates.

Full Concordia University, Chicago Finance & Financial Management Report

#8

Benedictine University

Lisle, Illinois
#7 in overall quality

Benedictine University came in at #8 in this year’s edition of the Best Value Finance Schools for a Master’s in Illinois For Those Making $0-$30k ranking. Benedictine University is a private not-for-profit institution located in Lisle, Illinois. The school has a small population, and it awarded 1 masters’s degrees in 2019-2020.

Benedictine U also took the #7 spot in our “Best Finance & Financial Management Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Benedictine U are $19,709, but you may pay more or less depending on your major.

Full Benedictine University Finance & Financial 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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