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2022 Best Value Colleges for Management Science (Income $0-$30k) in Illinois

19 Ranked Colleges
2,645 Degrees Awarded
$15,100 Avg Net Price*
Best Value Management Science Schools in Illinois For Those Making $0-$30k

With all of the options students have for higher education today, it can be tough to choose which direction to take. 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 Management Science Schools in Illinois For Those Making $0-$30k” ranking is part of that endeavor.

Management Science is the 75th most popular major in the country with 19,595 degrees awarded in 2019-2020.

Across Illinois, there were 2,645 management science graduates with average earnings and debt of $0 and $0 respectively.

This year’s “Best Value Management Science Schools in Illinois For Those Making $0-$30k” ranking analyzed 19 colleges that offered a degree in management science. The schools that top this list are recognized because they have great management science programs and cost less that schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the management science program at the school and the cost of the school after aid is awarded among other things. For more information, check out our ranking methodology.

One Size Does Not Fit All

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Management Science Schools in Illinois For Those Making $0-$30k” ranking, along with many other major-related rankings, to help you make that decision.

We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to you. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

Best Value Management Science Schools in Illinois For Those Making $0-$30k

The following schools top our list of the Best Best Value Management Science Schools in Illinois For Those Making $0-$30k.

Top 19 Best Value Colleges for Management Science (Income $0-$30k) in Illinois

#1

University of Chicago

Chicago, Illinois

You’ll be in good company if you decide to attend University of Chicago. It ranked #1 on our 2022 Best Value Management Science Schools in Illinois For Those Making $0-$30k list. University of Chicago is a fairly large private not-for-profit school situated in Chicago, Illinois. It awarded 985 ’s management science degrees in 2019-2020.

In addition to being on our illinois management science students whose families make $0-$30k list, UChicago has also earned the #1 rank in our “Best Management Science Schools in Illinois” ranking. It costs about $2,712 for Illinois Management Science students whose families make $0-$30k per year to attend UChicago.

The student-to-faculty ratio of 5 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. The school has an impressive student loan default rate. It’s only 0.6%, 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 100%.

Read full report on Management Science at UChicago

#2

Northwestern University

Evanston, Illinois

Out of the 19 schools in the Best Value Management Science Schools in Illinois For Those Making $0-$30k that were part of this year’s ranking, Northwestern University landed the #2 spot on the list. Northwestern is a private not-for-profit institution located in Evanston, Illinois. The school has a large population, and it awarded 556 ’s degrees in 2019-2020.

As a testament to the quality of education offered at Northwestern, the school also landed the #2 spot in our “Best Management Science Schools in Illinois” ranking. The estimated yearly cost for Northwestern is $1,866 for Illinois Management Science students whose families make $0-$30k.

With a student-to-faculty ratio of 6 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed. The school has an excellent freshman retention rate of 97%, which means students like the school well enough to return for a second year. The school has an impressive student loan default rate. It’s only 0.8%, which is much lower than the national rate of 10.1%.

Full Northwestern University Management Science Report

You’ll join some of the best and brightest minds around if you attend University of Illinois at Chicago. The school came in at #3 for the Best Value Management Science Schools in Illinois For Those Making $0-$30k. This large school is located in Chicago, Illinois, and it awarded 241 ’s management science degrees in 2019-2020.

As a testament to the quality of education offered at UIC, the school also landed the #7 spot in our “Best Management Science Schools in Illinois” ranking. It costs about $10,648 for Illinois Management Science students whose families make $0-$30k per year to attend UIC.

The low student loan default rate of 3.4% 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%.

Read full report on Management Science at UIC

#4

Northern Illinois University

Dekalb, Illinois

Out of the 19 schools in the Best Value Management Science Schools in Illinois For Those Making $0-$30k that were part of this year’s ranking, Northern Illinois University landed the #4 spot on the list. Located in Dekalb, Illinois, this fairly large public school handed out 84 degrees to qualified ’s management science students in 2019-2020.

NIU also made our “Best Management Science Schools in Illinois” list, coming in at #10. The yearly cost to attend NIU is $15,281 for illinois management science students whose families make $0-$30k.

Full Northern Illinois University Management Science Report

#5

Illinois State University

Normal, Illinois

You’ll join some of the best and brightest minds around if you attend Illinois State University. The school came in at #5 for the Best Value Management Science Schools in Illinois For Those Making $0-$30k. This large school is located in Normal, Illinois, and it awarded 165 ’s management science degrees in 2019-2020.

Illinois State also made our “Best Management Science Schools in Illinois” list, coming in at #3. It costs about $14,470 for Illinois Management Science students whose families make $0-$30k per year to attend Illinois State University.

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%.

Full Illinois State University Management Science Report

#6

Eastern Illinois University

Charleston, Illinois

With a ranking of #6, Eastern Illinois University did quite well on the 2022 Best Value Management Science Schools in Illinois For Those Making $0-$30k list. This medium-sized school is located in Charleston, Illinois, and it awarded 58 ’s management science degrees in 2019-2020.

EIU not only placed well in this ranking. It is also #14 on our “Best Management Science Schools in Illinois” list. The yearly cost to attend Eastern Illinois University is $12,350 for Illinois Management Science students whose families make $0-$30k.

Read full report on Management Science at EIU

With a ranking of #7, Southern Illinois University Carbondale did quite well on the 2022 Best Value Management Science Schools in Illinois For Those Making $0-$30k list. Carbondale, Illinois is the setting for this fairly large institution of higher learning. The public school handed out ’s management science degrees to 57 students in 2019-2020.

As a testament to the quality of education offered at SIUC, the school also landed the #16 spot in our “Best Management Science Schools in Illinois” ranking. The estimated yearly cost for Southern Illinois University Carbondale is $13,658 for illinois management science students whose families make $0-$30k.

Read full report on Management Science at Southern Illinois University Carbondale

#8

University of St Francis

Joliet, Illinois

University of St Francis ranked #8 on this year’s Best Value Management Science Schools in Illinois For Those Making $0-$30k list. University of Saint Francis is a small private not-for-profit school situated in Joliet, Illinois. It awarded 28 ’s management science degrees in 2019-2020.

University of Saint Francis also took the #13 spot in our “Best Management Science Schools in Illinois” ranking. It costs about $15,847 for illinois management science students whose families make $0-$30k per year to attend University of St Francis.

The school has an impressive student loan default rate. It’s only 3.3%, which is much lower than the national rate of 10.1%.

Read more about Management Science at University of St Francis

#9

National Louis University

Chicago, Illinois

With a ranking of #9, National Louis University did quite well on the 2022 Best Value Management Science Schools in Illinois For Those Making $0-$30k list. This medium-sized school is located in Chicago, Illinois, and it awarded 84 ’s management science degrees in 2019-2020.

NLU not only placed well in this ranking. It is also #9 on our “Best Management Science Schools in Illinois” list. The yearly cost to attend NLU is $14,178 for Illinois Management Science students whose families make $0-$30k.

Read more about Management Science at National Louis University

#10

Lewis University

Romeoville, Illinois

Lewis University ranked #10 on this year’s Best Value Management Science Schools in Illinois For Those Making $0-$30k list. Lewis is located in Romeoville, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 20 ’s management science degrees to qualified students.

In addition to being on our illinois management science students whose families make $0-$30k list, Lewis has also earned the #15 rank in our “Best Management Science Schools in Illinois” ranking. It costs about $12,821 for Illinois Management Science students whose families make $0-$30k per year to attend Lewis University.

The student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Management Science at Lewis University

#11

Elmhurst University

Elmhurst, Illinois

With a ranking of #11, Elmhurst University did quite well on the 2022 Best Value Management Science Schools in Illinois For Those Making $0-$30k list. Elmhurst, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s management science degrees to 26 students in 2019-2020.

Elmhurst not only placed well in this ranking. It is also #11 on our “Best Management Science Schools in Illinois” list. It costs about $16,903 for Illinois Management Science students whose families make $0-$30k per year to attend Elmhurst.

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%.

Full Elmhurst University Management Science Report

#12

Bradley University

Peoria, Illinois

Bradley University did quite well in the 2022 Best Value Management Science Schools in Illinois For Those Making $0-$30k ranking, coming in at #12. Bradley is a private not-for-profit institution located in Peoria, Illinois. The school has a medium-sized population, and it awarded 5 ’s degrees in 2019-2020.

Bradley did well in our major quality rankings, too. It placed #5 on our “Best Management Science Schools in Illinois” list. The estimated yearly cost for Bradley University is $17,205 for illinois management science students whose families make $0-$30k.

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%.

Read full report on Management Science at Bradley University

Illinois Institute of Technology landed the #13 spot on the 2022 Best Value Management Science Schools in Illinois For Those Making $0-$30k ranking. This medium-sized school is located in Chicago, Illinois, and it awarded 35 ’s management science degrees in 2019-2020.

Illinois Tech also made our “Best Management Science Schools in Illinois” list, coming in at #4. The estimated yearly cost for Illinois Tech is $17,222 for illinois management science students whose families make $0-$30k.

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. The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 2.9%, which is quite low when compared to the national default rate of 10.1%.

Read more about Management Science at Illinois Institute of Technology

#14

Olivet Nazarene University

Bourbonnais, Illinois

Olivet Nazarene University did quite well in the 2022 Best Value Management Science Schools in Illinois For Those Making $0-$30k ranking, coming in at #14. Olivet Nazarene University is located in Bourbonnais, Illinois and, has a small student population. In 2019-2020, this school awarded 10 ’s management science degrees to qualified students.

Olivet Nazarene also took the #12 spot in our “Best Management Science Schools in Illinois” ranking. The yearly cost to attend Olivet Nazarene University is $15,806 for illinois management science students whose families make $0-$30k.

The low student loan default rate of 3.4% 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%.

Full Olivet Nazarene Management Science Report

#15

McKendree University

Lebanon, Illinois

McKendree University did quite well in the 2022 Best Value Management Science Schools in Illinois For Those Making $0-$30k ranking, coming in at #15. This small school is located in Lebanon, Illinois, and it awarded 32 ’s management science degrees in 2019-2020.

McKendree not only placed well in this ranking. It is also #17 on our “Best Management Science Schools in Illinois” list. The estimated yearly cost for McKendree is $15,184 for illinois management science students whose families make $0-$30k.

Read more about Management Science at McKendree University

#16

Quincy University

Quincy, Illinois

Quincy University came in at #16 in this year’s edition of the Best Value Management Science Schools in Illinois For Those Making $0-$30k ranking. Quincy, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s management science degrees to 13 students in 2019-2020.

Quincy U not only placed well in this ranking. It is also #18 on our “Best Management Science Schools in Illinois” list. The yearly cost to attend Quincy U is $15,292 for Illinois Management Science students whose families make $0-$30k.

Read more about Management Science at Quincy U

#17

Roosevelt University

Chicago, Illinois

Roosevelt University landed the #17 spot on the 2022 Best Value Management Science Schools in Illinois For Those Making $0-$30k ranking. Roosevelt University is a private not-for-profit institution located in Chicago, Illinois. The school has a small population, and it awarded 22 ’s degrees in 2019-2020.

In addition to being on our illinois management science students whose families make $0-$30k list, Roosevelt has also earned the #19 rank in our “Best Management Science Schools in Illinois” ranking. The yearly cost to attend Roosevelt is $20,398 for Illinois Management Science students whose families make $0-$30k.

Read more about Management Science at Roosevelt

#18

DePaul University

Chicago, Illinois

DePaul University came in at #18 in this year’s edition of the Best Value Management Science Schools in Illinois For Those Making $0-$30k ranking. DePaul University is a large school located in Chicago, Illinois that handed out 131 ’s management science degrees in 2019-2020.

As a testament to the quality of education offered at DePaul, the school also landed the #8 spot in our “Best Management Science Schools in Illinois” ranking. It costs about $26,173 for Illinois Management Science students whose families make $0-$30k 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 full report on Management Science at DePaul University

#19

Loyola University Chicago

Chicago, Illinois

Loyola University Chicago did quite well in the 2022 Best Value Management Science Schools in Illinois For Those Making $0-$30k ranking, coming in at #19. Loyola University Chicago is a fairly large school located in Chicago, Illinois that handed out 93 ’s management science degrees in 2019-2020.

As a testament to the quality of education offered at Loyola Chicago, the school also landed the #6 spot in our “Best Management Science Schools in Illinois” ranking. The yearly cost to attend Loyola Chicago is $29,440 for Illinois Management Science students whose families make $0-$30k.

Students who start out at the school are likely to stick around. The freshman retention rate is 85%. 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%.

Full Loyola Chicago Management Science Report

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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