2022 Best Value Finance Schools for a Master’s in Illinois
When pursuing a degree in today’s world, students have many different options to choose from. 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 Finance Schools for a Master’s in Illinois” ranking is one tool we have developed to help in this regard.
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” ranking looked at 8 colleges that offer degrees in a bachelor’s 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.
Some of the factors we look at when determining these rankings are overall quality of the finance and financial management program at the school and the cost of the school after aid is awarded among other things. Check out our ranking methodology for more information.
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More Ways to Rank Finance & Financial Management Schools
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 Master’s in Illinois” ranking, along with many other major-related rankings, to help you make that decision.
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. 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 Finance Schools for a Master’s in Illinois
The following schools top our list of the Best Best Value Finance Schools for a Master’s in Illinois.
Top 8 Best Value Master’s Degree Colleges for Finance & Financial Management in Illinois
You’ll join some of the best and brightest minds around if you attend Concordia University, Chicago. The school came in at #1 for the Best Value Finance Schools for a Master’s in Illinois. Concordia University, Chicago is located in River Forest, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 15 masters’s finance degrees to qualified students.
Concordia University, Chicago not only placed well in this ranking. It is also #6 on our “Best Finance & Financial Management Master’s Degree Schools in Illinois” list. 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
You’ll be in good company if you decide to attend Northern Illinois University. It ranked #2 on our 2022 Best Value Finance Schools for a Master’s in Illinois list. Northern Illinois University is a fairly large public school situated in Dekalb, Illinois. It awarded 1 masters’s finance degrees in 2019-2020.
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. Average graduate tuition and fees at NIU are $11,086, but you may pay more or less depending on your major.
Out of the 8 schools in the Best Value Finance Schools for a Master’s in Illinois that were part of this year’s ranking, Saint Xavier University landed the #3 spot on the list. 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.
SXU did well in our major quality rankings, too. It placed #3 on our “Best Finance & Financial Management Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at Saint Xavier University are $15,450, but you may pay more or less depending on your major.
Read full report on Finance & Financial Management at Saint Xavier University
You’ll join some of the best and brightest minds around if you attend University of Illinois at Chicago. The school came in at #4 for the Best Value Finance Schools for a Master’s in Illinois. UIC is a public institution located in Chicago, Illinois. The school has a large population, and it awarded 3 masters’s degrees in 2019-2020.
As a testament to the quality of education offered at UIC, the school also landed the #4 spot in our “Best Finance & Financial Management Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at UIC are $27,036, but you may pay more or less depending on your major.
You’ll join some of the best and brightest minds around if you attend Lewis University. The school came in at #5 for the Best Value Finance Schools for a Master’s in Illinois. Lewis University is a medium-sized private not-for-profit school situated in Romeoville, Illinois. It awarded 1 masters’s finance degrees in 2019-2020.
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 are $14,780, but you may pay more or less depending on your major.
Read more about Finance & Financial Management at Lewis University
Benedictine University ranked #6 on this year’s Best Value Finance Schools for a Master’s in Illinois list. 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.
In addition to being on our illinois master’s degree finance students list, Benedictine U has also earned the #7 rank 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 some majors have different tuition rates.
Full Benedictine University Finance & Financial Management Report
Illinois Institute of Technology landed the #7 spot on the 2022 Best Value Finance Schools for a Master’s in Illinois ranking. Illinois Tech is located in Chicago, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 38 masters’s finance degrees to qualified students.
Illinois Tech also made our “Best Finance & Financial Management Master’s Degree Schools in Illinois” list, coming in at #2. Average graduate tuition and fees at Illinois Institute of Technology are $30,695, but some majors have different tuition rates.
Read full report on Finance & Financial Management at Illinois Tech
Northwestern University ranked #8 on this year’s Best Value Finance Schools for a Master’s in Illinois list. Northwestern University is a large school located in Evanston, Illinois that handed out 27 masters’s finance degrees in 2019-2020.
Northwestern not only placed well in this ranking. It is also #1 on our “Best Finance & Financial Management Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at Northwestern are $56,567, but you may pay more or less depending on your major.
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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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