2022 Best Value Finance Schools for a Bachelor’s in Illinois
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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 bachelor’s degree level specifically, there were 1,809 finance and financial management graduates with average earnings and debt of $38,319 and $24,183 respectively.
For this year’s “Best Value Finance Schools for a Bachelor’s in Illinois” ranking, we looked at 27 colleges that offer a degree 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.
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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 Finance Schools for a Bachelor’s in Illinois” ranking, along with many other major-related rankings, to help you make that decision.
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Best Value Finance Schools for a Bachelor’s in Illinois
The following schools top our list of the Best Best Value Finance Schools for a Bachelor’s in Illinois.
Top 25 Best Value Bachelor’s Degree Colleges for Finance & Financial Management in Illinois
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 Finance Schools for a Bachelor’s in Illinois list. Champaign, Illinois is the setting for this large institution of higher learning. The public school handed out bachelors’s finance degrees to 256 students in 2019-2020.
As a testament to the quality of education offered at UIUC, the school also landed the #1 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” ranking. It costs about $15,880 for Illinois Bachelor’s Degree Finance students per year to attend University of Illinois at Urbana-Champaign.
The low student loan default rate of 2.4% 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 94%.
Out of the 27 schools in the Best Value Finance Schools for a Bachelor’s in Illinois that were part of this year’s ranking, Illinois State University landed the #2 spot on the list. This large school is located in Normal, Illinois, and it awarded 245 bachelors’s finance degrees in 2019-2020.
As a testament to the quality of education offered at Illinois State, the school also landed the #4 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Illinois State University is $20,895 for illinois bachelor’s degree finance students.
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 full report on Finance & Financial Management at Illinois State
Out of the 27 schools in the Best Value Finance Schools for a Bachelor’s in Illinois that were part of this year’s ranking, University of Illinois at Chicago landed the #3 spot on the list. UIC is located in Chicago, Illinois and, has a large student population. In 2019-2020, this school awarded 253 bachelors’s finance degrees to qualified students.
UIC not only placed well in this ranking. It is also #7 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend UIC is $13,312 for illinois bachelor’s degree finance students.
The student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 10.1%.
Out of the 27 schools in the Best Value Finance Schools for a Bachelor’s in Illinois that were part of this year’s ranking, Northern Illinois University landed the #4 spot on the list. NIU is located in Dekalb, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 90 bachelors’s finance degrees to qualified students.
NIU also made our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” list, coming in at #11. The estimated yearly cost for NIU is $18,259 for illinois bachelor’s degree finance students.
You’ll be in good company if you decide to attend Eastern Illinois University. It ranked #5 on our 2022 Best Value Finance Schools for a Bachelor’s in Illinois list. Charleston, Illinois is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s finance degrees to 26 students in 2019-2020.
EIU not only placed well in this ranking. It is also #18 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Eastern Illinois University is $14,607 for illinois bachelor’s degree finance students.
Southern Illinois University Carbondale ranked #6 on this year’s Best Value Finance 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 40 bachelors’s finance degrees to qualified students.
SIUC also made our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” list, coming in at #19. The yearly cost to attend Southern Illinois University Carbondale is $16,945 for illinois bachelor’s degree finance students.
Western Illinois University came in at #7 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Illinois ranking. Located in Macomb, Illinois, this medium-sized public school handed out 17 diplomas to qualified bachelors’s finance students in 2019-2020.
WIU did well in our major quality rankings, too. It placed #23 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” list. It costs about $16,210 for illinois bachelor’s degree finance students per year to attend WIU.
Northeastern Illinois University came in at #8 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Illinois ranking. Chicago, Illinois is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s finance degrees to 58 students in 2019-2020.
It costs about $15,843 for illinois bachelor’s degree finance students per year to attend Northeastern Illinois University.
Read full report on Finance & Financial Management at Northeastern Illinois University
Aurora University came in at #9 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Illinois ranking. This medium-sized school is located in Aurora, Illinois, and it awarded 33 bachelors’s finance degrees in 2019-2020.
Aurora did well in our major quality rankings, too. It placed #14 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” list. It costs about $17,215 for illinois bachelor’s degree finance students per year to attend Aurora University.
The low student loan default rate of 4.4% 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%.
Trinity Christian College landed the #10 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois ranking. Located in Palos Heights, Illinois, this small private not-for-profit school awarded 10 diplomas to qualified bachelors’s finance students in 2019-2020.
Trinity Christian not only placed well in this ranking. It is also #16 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Trinity Christian is $21,904 for Illinois Bachelor’s Degree Finance students.
The school has an impressive student loan default rate. It’s only 5.0%, which is much lower than the national rate of 10.1%. 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.
Read more about Finance & Financial Management at Trinity Christian
Bradley University ranked #11 on this year’s Best Value Finance Schools for a Bachelor’s in Illinois list. Bradley is a private not-for-profit institution located in Peoria, Illinois. The school has a medium-sized population, and it awarded 19 bachelors’s degrees in 2019-2020.
Bradley not only placed well in this ranking. It is also #8 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Bradley is $25,634 for illinois bachelor’s degree finance students.
Students who start out at the school are likely to stick around. The freshman retention rate is 86%. The low student loan default rate of 2.5% 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%.
Lewis University landed the #12 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois ranking. Lewis is a medium-sized school located in Romeoville, Illinois that handed out 26 bachelors’s finance degrees in 2019-2020.
As a testament to the quality of education offered at Lewis, the school also landed the #13 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Lewis is $18,664 for illinois bachelor’s degree finance 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%.
Illinois College came in at #13 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Illinois ranking. This small school is located in Jacksonville, Illinois, and it awarded 17 bachelors’s finance degrees in 2019-2020.
Illinois College also made our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” list, coming in at #20. It costs about $16,562 for illinois bachelor’s degree finance students per year to attend Illinois College.
Read full report on Finance & Financial Management at Illinois College
With a ranking of #14, Quincy University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois list. Quincy, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s finance degrees to 17 students in 2019-2020.
In addition to being on our illinois bachelor’s degree finance students list, Quincy U has also earned the #24 rank in our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Quincy U is $17,497 for illinois bachelor’s degree finance students.
Benedictine University landed the #15 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois ranking. Benedictine U is located in Lisle, Illinois and, has a small student population. In 2019-2020, this school awarded 19 bachelors’s finance degrees to qualified students.
Benedictine U also made our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” list, coming in at #25. The estimated yearly cost for Benedictine U is $25,143 for illinois bachelor’s degree finance students.
Read more about Finance & Financial Management at Benedictine U
With a ranking of #16, University of St Francis did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois list. University of St Francis is a small school located in Joliet, Illinois that handed out 13 bachelors’s finance degrees in 2019-2020.
As a testament to the quality of education offered at University of Saint Francis, the school also landed the #15 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” ranking. It costs about $17,538 for Illinois Bachelor’s Degree Finance students per year to attend University of Saint Francis.
The student loan default rate at the school is 3.3%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Finance & Financial Management at University of St Francis
With a ranking of #17, Dominican University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois list. Dominican U is a private not-for-profit institution located in River Forest, Illinois. The school has a small population, and it awarded 11 bachelors’s degrees in 2019-2020.
Dominican U also made our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” list, coming in at #17. It costs about $19,268 for illinois bachelor’s degree finance students per year to attend Dominican University.
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.
Elmhurst University came in at #18 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Illinois ranking. Elmhurst University is a small private not-for-profit school situated in Elmhurst, Illinois. It awarded 46 bachelors’s finance degrees in 2019-2020.
Elmhurst did well in our major quality rankings, too. It placed #9 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend Elmhurst University is $21,485 for illinois bachelor’s degree finance students.
The student loan default rate at the school is 3.0%, which is quite low when compared to the national default rate of 10.1%.
Read full report on Finance & Financial Management at Elmhurst
Saint Xavier University ranked #19 on this year’s Best Value Finance Schools for a Bachelor’s in Illinois list. Chicago, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s finance degrees to 40 students in 2019-2020.
As a testament to the quality of education offered at SXU, the school also landed the #21 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Saint Xavier University is $14,528 for Illinois Bachelor’s Degree Finance students.
Read full report on Finance & Financial Management at Saint Xavier University
Roosevelt University landed the #20 spot on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois ranking. Located in Chicago, Illinois, this small private not-for-profit school awarded 25 degrees to qualified bachelors’s finance students in 2019-2020.
The yearly cost to attend Roosevelt University is $22,749 for Illinois Bachelor’s Degree Finance students.
Read full report on Finance & Financial Management at Roosevelt University
North Central College came in at #21 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Illinois ranking. Located in Naperville, Illinois, this small private not-for-profit school awarded 39 diplomas to qualified bachelors’s finance students in 2019-2020.
As a testament to the quality of education offered at North Central, the school also landed the #12 spot in our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” ranking. It costs about $24,786 for Illinois Bachelor’s Degree Finance students per year to attend North Central.
The school has an impressive student loan default rate. It’s only 3.9%, which is much lower than the national rate of 10.1%.
Read more about Finance & Financial Management at North Central College
Augustana College came in at #22 in this year’s edition of the Best Value Finance Schools for a Bachelor’s in Illinois ranking. Rock Island, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s finance degrees to 55 students in 2019-2020.
Augustana also made our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” list, coming in at #3. It costs about $23,874 for Illinois Bachelor’s Degree Finance students per year to attend Augustana College.
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.
With a ranking of #23, Millikin University did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois list. Millikin is a private not-for-profit institution located in Decatur, Illinois. The school has a small population, and it awarded 2 bachelors’s degrees in 2019-2020.
In addition to being on our illinois bachelor’s degree finance students list, Millikin has also earned the #22 rank in our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Millikin University is $21,331 for illinois bachelor’s degree finance students.
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.
DePaul University ranked #24 on this year’s Best Value Finance Schools for a Bachelor’s in Illinois list. DePaul is located in Chicago, Illinois and, has a large student population. In 2019-2020, this school awarded 283 bachelors’s finance degrees to qualified students.
DePaul did well in our major quality rankings, too. It placed #6 on our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” list. It costs about $30,090 for Illinois Bachelor’s Degree Finance students per year to attend DePaul.
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%.
Read more about Finance & Financial Management at DePaul University
With a ranking of #25, Loyola University Chicago did quite well on the 2022 Best Value Finance Schools for a Bachelor’s in Illinois list. This fairly large school is located in Chicago, Illinois, and it awarded 120 bachelors’s finance degrees in 2019-2020.
In addition to being on our illinois bachelor’s degree finance students list, Loyola Chicago has also earned the #5 rank in our “Best Finance & Financial Management Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Loyola Chicago is $35,407 for Illinois Bachelor’s Degree Finance 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%. Students who start out at the school are likely to stick around. The freshman retention rate is 85%.
Read more about Finance & Financial Management at Loyola 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.
Credits
- Credit for the banner image above goes to Dave Dugdale.
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