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2022 Best Value Finance Schools for a Master’s in Illinois For Those Making $30-$48k

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 $30-$48k

When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual has developed its “Best Value Finance Schools for a Master’s in Illinois For Those Making $30-$48k” ranking as one item you can use to help make this decision.

In 2019-2020, 57,893 people earned their degree in finance and financial management, making the major the 14th most popular in the United States. 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 $30-$48k” ranking looked at 8 colleges that offer degrees in a bachelor’s in finance and financial management. This ranking identifies schools with high-quality finance and financial management programs that also have a lower cost than schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the finance and financial 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.

One Size Does Not Fit All

The finance school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Finance Schools for a Master’s in Illinois For Those Making $30-$48k”.

One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important 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 $30-$48k

The colleges and universities below are the best for illinois master’s degree finance students whose families make $30-$48k.

Top 8 Best Value Master’s Degree Colleges for Finance & Financial Management (Income $30-$48k) 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 $30-$48k list. This large school is located in Evanston, Illinois, and it awarded 27 masters’s finance degrees in 2019-2020.

Northwestern also made our “Best Finance & Financial Management Master’s Degree Schools in Illinois” list, coming in at #1. Average graduate tuition and fees at Northwestern are $56,567, but you may pay more or less depending on your major.

Read full report on 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 $30-$48k list. Located in Chicago, Illinois, this large public school awarded 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. Average graduate tuition and fees at University of Illinois at Chicago are $27,036, but some majors have different tuition rates.

Read more about Finance & Financial Management at University of Illinois at Chicago

#3

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 #3 for the Best Value Finance Schools for a Master’s in Illinois For Those Making $30-$48k. Located in Chicago, Illinois, this small private not-for-profit school handed out 20 degrees to qualified masters’s finance students in 2019-2020.

SXU not only placed well in this ranking. It is also #3 on our “Best Finance & Financial Management Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at SXU are $15,450, but some majors have different tuition rates.

Read more about Finance & Financial Management at SXU

#4

Northern Illinois University

Dekalb, Illinois
#5 in overall quality

You’ll join some of the best and brightest minds around if you attend Northern Illinois University. The school came in at #4 for the Best Value Finance Schools for a Master’s in Illinois For Those Making $30-$48k. NIU is a fairly large school located in Dekalb, Illinois that handed out 1 masters’s finance degrees in 2019-2020.

As a testament to the quality of education offered at NIU, the school also landed the #5 spot in our “Best Finance & Financial 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.

Full NIU Finance & Financial Management Report

#5

Concordia University, Chicago

River Forest, Illinois
#6 in overall quality

You’ll join some of the best and brightest minds around if you attend Concordia University, Chicago. The school came in at #5 for the Best Value Finance Schools for a Master’s in Illinois For Those Making $30-$48k. Concordia University, Chicago is a private not-for-profit institution located in River Forest, Illinois. The school has a medium-sized population, and it awarded 15 masters’s degrees 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.

Read more about Finance & Financial Management at Concordia University, Chicago

#6

Lewis University

Romeoville, Illinois
#8 in overall quality

Lewis University ranked #6 on this year’s Best Value Finance Schools for a Master’s in Illinois For Those Making $30-$48k list. Lewis is located in Romeoville, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 1 masters’s finance degrees to qualified students.

Lewis also took the #8 spot in our “Best Finance & Financial Management Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Lewis University are $14,780, but some majors have different tuition rates.

Read full report on Finance & Financial Management at Lewis

#2 in overall quality

Illinois Institute of Technology landed the #7 spot on the 2022 Best Value Finance Schools for a Master’s in Illinois For Those Making $30-$48k ranking. Located in Chicago, Illinois, this medium-sized private not-for-profit school awarded 38 degrees to qualified masters’s finance students in 2019-2020.

In addition to being on our illinois master’s degree finance students whose families make $30-$48k list, Illinois Tech has also earned the #2 rank 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 Illinois Institute of Technology are $30,695.

Full Illinois Tech Finance & Financial Management Report

#8

Benedictine University

Lisle, Illinois
#7 in overall quality

With a ranking of #8, Benedictine University did quite well on the 2022 Best Value Finance Schools for a Master’s in Illinois For Those Making $30-$48k list. This small school is located in Lisle, Illinois, and it awarded 1 masters’s finance degrees in 2019-2020.

Benedictine U not only placed well in this ranking. It is also #7 on our “Best Finance & Financial Management Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at Benedictine U are $19,709, but some majors have different tuition rates.

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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