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2022 Best Value Colleges for Management Sciences & Quantitative Methods (Income $0-$30k) in Illinois

24 Ranked Colleges
3,514 Degrees Awarded
$15,000 Avg Net Price*
Best Value Management Science Schools in Illinois For Those Making $0-$30k

When it comes to choosing a college, students have a lot of options - but not all of them are good. 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 Management Science Schools in Illinois For Those Making $0-$30k” ranking is one tool we have developed to help in this regard.

Management Sciences & Quantitative Methods is the 47th most popular major in the country with 36,038 degrees awarded in 2019-2020. In 2017-2018, management sciences and quantitative methods graduates who were awarded their degree in 2015-2017, earned an average of $60,558 and had an average of $28,049 in loans still to pay off.

Across Illinois, there were 3,514 management sciences and quantitative methods graduates with average earnings and debt of $49,382 and $22,286 respectively.

This year’s “Best Value Management Science Schools in Illinois For Those Making $0-$30k” ranking analyzed 24 colleges that offered a degree in management sciences and quantitative methods. This ranking identifies schools with high-quality management sciences and quantitative methods programs that also have a lower cost than schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the management sciences and quantitative methods 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

The management science 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 Management Science Schools in Illinois For Those Making $0-$30k”.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it 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 24 Best Value Colleges for Management Sciences & Quantitative Methods (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. Chicago, Illinois is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out ’s management science degrees to 985 students in 2019-2020.

UChicago not only placed well in this ranking. It is also #1 on our “Best Management Sciences & Quantitative Methods Schools in Illinois” list. The yearly cost to attend UChicago is $2,712 for illinois management science students whose families make $0-$30k.

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%. 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.

Full UChicago Management Sciences & Quantitative Methods Report

#2

Northwestern University

Evanston, Illinois

You’ll be in good company if you decide to attend Northwestern University. It ranked #2 on our 2022 Best Value Management Science Schools in Illinois For Those Making $0-$30k list. Northwestern University is a private not-for-profit institution located in Evanston, Illinois. The school has a large population, and it awarded 602 ’s degrees in 2019-2020.

In addition to being on our illinois management science students whose families make $0-$30k list, Northwestern has also earned the #2 rank in our “Best Management Sciences & Quantitative Methods Schools in Illinois” ranking. It costs about $1,866 for illinois management science students whose families make $0-$30k per year to attend Northwestern University.

The low student loan default rate of 0.8% 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 97%. Since the school has a student-to-faculty ratio of 6 to 1, those pursuing a degree will have more opportunities to interact with their professors.

Full Northwestern University Management Sciences & Quantitative Methods Report

You’ll join some of the best and brightest minds around if you attend University of Illinois at Urbana-Champaign. The school came in at #3 for the Best Value Management Science Schools in Illinois For Those Making $0-$30k. Located in Champaign, Illinois, this large public school handed out 631 degrees to qualified ’s management science students in 2019-2020.

As a testament to the quality of education offered at UIUC, the school also landed the #3 spot in our “Best Management Sciences & Quantitative Methods Schools in Illinois” ranking. It costs about $5,477 for Illinois Management Science students whose families make $0-$30k per year to attend University of Illinois at Urbana-Champaign.

With a freshman retention rate of 94%, the school does an excellent job of retaining its students. The student loan default rate at the school is 2.4%, which is quite low when compared to the national default rate of 10.1%.

Full UIUC Management Sciences & Quantitative Methods 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 #4 for the Best Value Management Science Schools in Illinois For Those Making $0-$30k. University of Illinois at Chicago is a large school located in Chicago, Illinois that handed out 248 ’s management science degrees in 2019-2020.

As a testament to the quality of education offered at UIC, the school also landed the #8 spot in our “Best Management Sciences & Quantitative Methods Schools in Illinois” ranking. The yearly cost to attend University of Illinois at Chicago is $10,648 for illinois management science students whose families make $0-$30k.

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%.

Read full report on Management Sciences & Quantitative Methods at UIC

#5

Northern Illinois University

Dekalb, Illinois

You’ll be in good company if you decide to attend Northern Illinois University. It ranked #5 on our 2022 Best Value Management Science Schools in Illinois For Those Making $0-$30k list. NIU is a fairly large public school situated in Dekalb, Illinois. It awarded 92 ’s management science degrees in 2019-2020.

As a testament to the quality of education offered at NIU, the school also landed the #15 spot in our “Best Management Sciences & Quantitative Methods Schools in Illinois” ranking. The estimated yearly cost for Northern Illinois University is $15,281 for illinois management science students whose families make $0-$30k.

Full NIU Management Sciences & Quantitative Methods Report

#6

Illinois State University

Normal, Illinois

Illinois State University ranked #6 on this year’s Best Value Management Science Schools in Illinois For Those Making $0-$30k list. Illinois State is a public institution located in Normal, Illinois. The school has a large population, and it awarded 165 ’s degrees in 2019-2020.

In addition to being on our illinois management science students whose families make $0-$30k list, Illinois State has also earned the #4 rank in our “Best Management Sciences & Quantitative Methods Schools in Illinois” ranking. The yearly cost to attend Illinois State is $14,470 for illinois management science students whose families make $0-$30k.

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 more about Management Sciences & Quantitative Methods at Illinois State University

#7

Eastern Illinois University

Charleston, Illinois

Eastern Illinois University did quite well in the 2022 Best Value Management Science Schools in Illinois For Those Making $0-$30k ranking, coming in at #7. Eastern Illinois University is a medium-sized public school situated in Charleston, Illinois. It awarded 58 ’s management science degrees in 2019-2020.

EIU also made our “Best Management Sciences & Quantitative Methods Schools in Illinois” list, coming in at #17. The estimated yearly cost for Eastern Illinois University is $12,350 for Illinois Management Science students whose families make $0-$30k.

Full Eastern Illinois University Management Sciences & Quantitative Methods Report

Southern Illinois University Carbondale landed the #8 spot on the 2022 Best Value Management Science Schools in Illinois For Those Making $0-$30k ranking. Southern Illinois University Carbondale is located in Carbondale, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 57 ’s management science degrees to qualified students.

SIUC also made our “Best Management Sciences & Quantitative Methods Schools in Illinois” list, coming in at #19. It costs about $13,658 for Illinois Management Science students whose families make $0-$30k per year to attend SIUC.

Read more about Management Sciences & Quantitative Methods at SIUC

#9

Aurora University

Aurora, Illinois

Aurora University landed the #9 spot on the 2022 Best Value Management Science Schools in Illinois For Those Making $0-$30k ranking. Aurora, Illinois is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out ’s management science degrees to 6 students in 2019-2020.

Aurora not only placed well in this ranking. It is also #12 on our “Best Management Sciences & Quantitative Methods Schools in Illinois” list. The estimated yearly cost for Aurora University is $14,103 for Illinois Management Science students whose families make $0-$30k.

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%.

Read more about Management Sciences & Quantitative Methods at Aurora

#10

University of St Francis

Joliet, Illinois

With a ranking of #10, University of St Francis did quite well on the 2022 Best Value Management Science Schools in Illinois For Those Making $0-$30k list. This small school is located in Joliet, Illinois, and it awarded 28 ’s management science degrees in 2019-2020.

In addition to being on our illinois management science students whose families make $0-$30k list, University of Saint Francis has also earned the #16 rank in our “Best Management Sciences & Quantitative Methods Schools in Illinois” ranking. The estimated yearly cost for University of St Francis is $15,847 for illinois management science students whose families make $0-$30k.

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%.

Full University of Saint Francis Management Sciences & Quantitative Methods Report

#11

National Louis University

Chicago, Illinois

National Louis University landed the #11 spot on the 2022 Best Value Management Science Schools in Illinois For Those Making $0-$30k ranking. Located in Chicago, Illinois, this medium-sized private not-for-profit school handed out 84 diplomas to qualified ’s management science students in 2019-2020.

NLU also took the #10 spot in our “Best Management Sciences & Quantitative Methods Schools in Illinois” ranking. The yearly cost to attend NLU is $14,178 for Illinois Management Science students whose families make $0-$30k.

Read full report on Management Sciences & Quantitative Methods at National Louis University

#12

Illinois College

Jacksonville, Illinois

Illinois College came in at #12 in this year’s edition of the Best Value Management Science Schools in Illinois For Those Making $0-$30k ranking. Jacksonville, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s management science degrees to 1 students in 2019-2020.

Illinois College also made our “Best Management Sciences & Quantitative Methods Schools in Illinois” list, coming in at #21. The yearly cost to attend Illinois College is $11,376 for Illinois Management Science students whose families make $0-$30k.

Read full report on Management Sciences & Quantitative Methods at Illinois College

#13

Lewis University

Romeoville, Illinois

Lewis University came in at #13 in this year’s edition of the Best Value Management Science Schools in Illinois For Those Making $0-$30k ranking. Lewis is a medium-sized school located in Romeoville, Illinois that handed out 20 ’s management science degrees in 2019-2020.

As a testament to the quality of education offered at Lewis, the school also landed the #18 spot in our “Best Management Sciences & Quantitative Methods Schools in Illinois” ranking. The estimated yearly cost for Lewis is $12,821 for Illinois Management Science students whose families make $0-$30k.

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%.

Read full report on Management Sciences & Quantitative Methods at Lewis University

#14

Elmhurst University

Elmhurst, Illinois

With a ranking of #14, Elmhurst University did quite well on the 2022 Best Value Management Science Schools in Illinois For Those Making $0-$30k list. Elmhurst University is a private not-for-profit institution located in Elmhurst, Illinois. The school has a small population, and it awarded 35 ’s degrees in 2019-2020.

Elmhurst also took the #13 spot in our “Best Management Sciences & Quantitative Methods Schools in Illinois” ranking. The estimated yearly cost for Elmhurst University is $16,903 for illinois management science students whose families make $0-$30k.

The school has an impressive student loan default rate. It’s only 3.0%, which is much lower than the national rate of 10.1%.

Read full report on Management Sciences & Quantitative Methods at Elmhurst University

#15

Bradley University

Peoria, Illinois

Bradley University landed the #15 spot on the 2022 Best Value Management Science Schools in Illinois For Those Making $0-$30k ranking. This medium-sized school is located in Peoria, Illinois, and it awarded 8 ’s management science degrees in 2019-2020.

Bradley not only placed well in this ranking. It is also #6 on our “Best Management Sciences & Quantitative Methods Schools in Illinois” list. The yearly cost to attend Bradley 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 school has an impressive student loan default rate. It’s only 2.5%, which is much lower than the national rate of 10.1%.

Full Bradley University Management Sciences & Quantitative Methods Report

Illinois Institute of Technology ranked #16 on this year’s Best Value Management Science Schools in Illinois For Those Making $0-$30k list. Illinois Institute of Technology is a medium-sized private not-for-profit school situated in Chicago, Illinois. It awarded 35 ’s management science degrees in 2019-2020.

In addition to being on our illinois management science students whose families make $0-$30k list, Illinois Tech has also earned the #5 rank in our “Best Management Sciences & Quantitative Methods Schools in Illinois” ranking. It costs about $17,222 for illinois management science students whose families make $0-$30k per year to attend Illinois Tech.

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%. 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. The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year.

Read full report on Management Sciences & Quantitative Methods at Illinois Tech

#17

Olivet Nazarene University

Bourbonnais, Illinois

Olivet Nazarene University came in at #17 in this year’s edition of the Best Value Management Science Schools in Illinois For Those Making $0-$30k ranking. Olivet Nazarene University is located in Bourbonnais, Illinois and, has a small student population. In 2019-2020, this school awarded 18 ’s management science degrees to qualified students.

Olivet Nazarene not only placed well in this ranking. It is also #14 on our “Best Management Sciences & Quantitative Methods Schools in Illinois” list. It costs about $15,806 for Illinois Management Science students whose families make $0-$30k per year to attend Olivet Nazarene University.

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 more about Management Sciences & Quantitative Methods at Olivet Nazarene

#18

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 #18. McKendree University is located in Lebanon, Illinois and, has a small student population. In 2019-2020, this school awarded 32 ’s management science degrees to qualified students.

McKendree did well in our major quality rankings, too. It placed #20 on our “Best Management Sciences & Quantitative Methods 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 Sciences & Quantitative Methods at McKendree University

#19

Quincy University

Quincy, Illinois

With a ranking of #19, Quincy University did quite well on the 2022 Best Value Management Science Schools in Illinois For Those Making $0-$30k list. 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.

As a testament to the quality of education offered at Quincy U, the school also landed the #23 spot in our “Best Management Sciences & Quantitative Methods Schools in Illinois” ranking. The yearly cost to attend Quincy U is $15,292 for Illinois Management Science students whose families make $0-$30k.

Read full report on Management Sciences & Quantitative Methods at Quincy U

#20

North Central College

Naperville, Illinois

North Central College did quite well in the 2022 Best Value Management Science Schools in Illinois For Those Making $0-$30k ranking, coming in at #20. North Central College is located in Naperville, Illinois and, has a small student population. In 2019-2020, this school awarded 17 ’s management science degrees to qualified students.

North Central did well in our major quality rankings, too. It placed #11 on our “Best Management Sciences & Quantitative Methods Schools in Illinois” list. It costs about $18,889 for Illinois Management Science students whose families make $0-$30k per year to attend North Central College.

The student loan default rate at the school is 3.9%, which is quite low when compared to the national default rate of 10.1%.

Read full report on Management Sciences & Quantitative Methods at North Central College

#21

Roosevelt University

Chicago, Illinois

Roosevelt University came in at #21 in this year’s edition of the 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 28 ’s degrees in 2019-2020.

Roosevelt not only placed well in this ranking. It is also #24 on our “Best Management Sciences & Quantitative Methods Schools in Illinois” list. The estimated yearly cost for Roosevelt is $20,398 for illinois management science students whose families make $0-$30k.

Read more about Management Sciences & Quantitative Methods at Roosevelt University

#22

Benedictine University

Lisle, Illinois

Benedictine University came in at #22 in this year’s edition of the Best Value Management Science Schools in Illinois For Those Making $0-$30k ranking. Lisle, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s management science degrees to 32 students in 2019-2020.

In addition to being on our illinois management science students whose families make $0-$30k list, Benedictine U has also earned the #22 rank in our “Best Management Sciences & Quantitative Methods Schools in Illinois” ranking. The yearly cost to attend Benedictine U is $22,862 for illinois management science students whose families make $0-$30k.

Read more about Management Sciences & Quantitative Methods at Benedictine U

#23

DePaul University

Chicago, Illinois

With a ranking of #23, DePaul University did quite well on the 2022 Best Value Management Science Schools in Illinois For Those Making $0-$30k list. DePaul is located in Chicago, Illinois and, has a large student population. In 2019-2020, this school awarded 159 ’s management science degrees to qualified students.

DePaul not only placed well in this ranking. It is also #9 on our “Best Management Sciences & Quantitative Methods Schools in Illinois” list. The estimated yearly cost for DePaul University is $26,173 for illinois management science students whose families make $0-$30k.

The student loan default rate at the school is 4.5%, which is quite low when compared to the national default rate of 10.1%.

Full DePaul Management Sciences & Quantitative Methods Report

#24

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 #24. Chicago, Illinois is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out ’s management science degrees to 146 students in 2019-2020.

In addition to being on our illinois management science students whose families make $0-$30k list, Loyola Chicago has also earned the #7 rank in our “Best Management Sciences & Quantitative Methods Schools in Illinois” ranking. The yearly cost to attend Loyola Chicago is $29,440 for Illinois Management Science students whose families make $0-$30k.

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%.

Full Loyola Chicago Management Sciences & Quantitative Methods 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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