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2022 Best Value Finance Schools for a Master’s in Illinois For Those Getting Aid

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

When pursuing a degree in today’s world, students have many different options to choose from. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Finance Schools for a Master’s in Illinois For Those Getting Aid” ranking is part of that endeavor.

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 Getting Aid” ranking looked at 8 colleges that offer degrees in a bachelor’s in finance and financial management. The schools that top this list are recognized because they have great finance and financial management programs and cost less that 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. See our ranking methodology to learn more.

More Ways to Rank Finance & Financial Management Schools

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 Getting Aid”.

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 Finance Schools for a Master’s in Illinois For Those Getting Aid

The colleges and universities below are the best for illinois master’s degree finance students with aid.

Top 8 Best Value Master’s Degree Colleges for Finance & Financial Management in Illinois (With Aid)

#4 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Illinois at Chicago. The school came in at #1 for the Best Value Finance Schools for a Master’s in Illinois For Those Getting Aid. Located in Chicago, Illinois, this large public school awarded 3 diplomas to qualified masters’s finance students in 2019-2020.

UIC not only placed well in this ranking. It is also #4 on our “Best Finance & Financial Management Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at UIC are $27,036, but you may pay more or less depending on your major.

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

#2

Northwestern University

Evanston, Illinois
#1 in overall quality

You’ll be in good company if you decide to attend Northwestern University. It ranked #2 on our 2022 Best Value Finance Schools for a Master’s in Illinois For Those Getting Aid list. Northwestern University is a large school located in Evanston, Illinois that handed out 27 masters’s finance degrees in 2019-2020.

As a testament to the quality of education offered at Northwestern, the school also landed the #1 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 Northwestern University are $56,567.

Full Northwestern Finance & Financial Management Report

#3

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 #3 for the Best Value Finance Schools for a Master’s in Illinois For Those Getting Aid. NIU is a public institution located in Dekalb, Illinois. The school has a fairly large population, and it awarded 1 masters’s degrees in 2019-2020.

NIU also took the #5 spot in our “Best Finance & Financial Management Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at NIU are $11,086, but some majors have different tuition rates.

Read more about Finance & Financial Management at NIU

#4

Saint Xavier University

Chicago, Illinois

Out of the 8 schools in the Best Value Finance Schools for a Master’s in Illinois For Those Getting Aid that were part of this year’s ranking, Saint Xavier University landed the #4 spot on the list. This small school is located in Chicago, Illinois, and it awarded 20 masters’s finance degrees in 2019-2020.

SXU also made our “Best Finance & Financial Management Master’s Degree Schools in Illinois” list, coming in at #3. Average graduate tuition and fees at Saint Xavier University are $15,450, but some majors have different tuition rates.

Read more about Finance & Financial Management at SXU

#5

Concordia University, Chicago

River Forest, Illinois
#6 in overall quality

You’ll be in good company if you decide to attend Concordia University, Chicago. It ranked #5 on our 2022 Best Value Finance Schools for a Master’s in Illinois For Those Getting Aid 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 took the #6 spot in our “Best Finance & Financial Management Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Concordia University, Chicago are $9,378, but you may pay more or less depending on your major.

Full Concordia University, Chicago Finance & Financial Management Report

#6

Lewis University

Romeoville, Illinois
#8 in overall quality

Lewis University came in at #6 in this year’s edition of the Best Value Finance Schools for a Master’s in Illinois For Those Getting Aid ranking. Lewis is a medium-sized school located in Romeoville, Illinois that handed out 1 masters’s finance degrees 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. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Lewis are $14,780.

Full Lewis Finance & Financial Management Report

#2 in overall quality

Illinois Institute of Technology came in at #7 in this year’s edition of the Best Value Finance Schools for a Master’s in Illinois For Those Getting Aid ranking. Illinois Institute of Technology is a medium-sized school located in Chicago, Illinois that handed out 38 masters’s finance degrees in 2019-2020.

Illinois Tech not only placed well in this ranking. It is also #2 on our “Best Finance & Financial Management Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at Illinois Tech are $30,695, but you may pay more or less depending on your major.

Read full report on Finance & Financial Management at Illinois Institute of Technology

#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 Getting Aid list. Located in Lisle, Illinois, this small private not-for-profit school handed out 1 degrees to qualified masters’s finance students in 2019-2020.

Benedictine U did well in our major quality rankings, too. It placed #7 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 Benedictine University are $19,709.

Read full report on Finance & Financial Management at Benedictine U

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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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