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2022 Best Value Management Science Schools for a Master’s in Illinois

12 Ranked Colleges
2,421 Degrees Awarded
$28,000 Avg Grad Tuition & Fees*
Best Value Management Science Schools for a Master's in Illinois

When pursuing a degree in today’s world, students have many different options to choose from. College Factual has developed its “Best Value Management Science Schools for a Master’s in Illinois” ranking as one item you can use to help make this decision.

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. At the master’s degree level specifically, there were 2,421 management sciences and quantitative methods graduates with average earnings and debt of $57,267 and $46,814 respectively.

For this year’s “Best Value Management Science Schools for a Master’s in Illinois” ranking, we looked at 12 colleges that offer 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.

To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the management sciences and quantitative methods program at the school. Check out our ranking methodology for more information.

More Ways to Rank Management Sciences & Quantitative Methods Schools

When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Management Science Schools for a Master’s in Illinois” list to help you make the college 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 Management Science Schools for a Master’s in Illinois

The following schools top our list of the Best Best Value Management Science Schools for a Master’s in Illinois.

Top 12 Best Value Master’s Degree Colleges for Management Sciences & Quantitative Methods in Illinois

#3 in overall quality

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 #1 for the Best Value Management Science Schools for a Master’s in Illinois. Located in Champaign, Illinois, this large public school handed out 517 degrees to qualified masters’s management science students in 2019-2020.

UIUC did well in our major quality rankings, too. It placed #3 on our “Best Management Sciences & Quantitative Methods Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at UIUC are $30,083, but you may pay more or less depending on your major.

Read more about Management Sciences & Quantitative Methods at University of Illinois at Urbana-Champaign

#6 in overall quality

Out of the 12 schools in the Best Value Management Science Schools for a Master’s in Illinois that were part of this year’s ranking, University of Illinois at Chicago landed the #2 spot on the list. UIC is a large school located in Chicago, Illinois that handed out 127 masters’s management science degrees in 2019-2020.

UIC did well in our major quality rankings, too. It placed #6 on our “Best Management Sciences & Quantitative Methods Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at UIC are $27,036, but some majors have different tuition rates.

Full University of Illinois at Chicago Management Sciences & Quantitative Methods Report

#3

Northern Illinois University

Dekalb, Illinois
#12 in overall quality

You’ll be in good company if you decide to attend Northern Illinois University. It ranked #3 on our 2022 Best Value Management Science Schools for a Master’s in Illinois list. Dekalb, Illinois is the setting for this fairly large institution of higher learning. The public school handed out masters’s management science degrees to 8 students in 2019-2020.

NIU did well in our major quality rankings, too. It placed #12 on our “Best Management Sciences & Quantitative Methods 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 Northern Illinois University are $11,086.

Read more about Management Sciences & Quantitative Methods at Northern Illinois University

#4

University of St Francis

Joliet, Illinois
#9 in overall quality

You’ll join some of the best and brightest minds around if you attend University of St Francis. The school came in at #4 for the Best Value Management Science Schools for a Master’s in Illinois. Located in Joliet, Illinois, this small private not-for-profit school handed out 6 degrees to qualified masters’s management science students in 2019-2020.

In addition to being on our illinois master’s degree management science students list, University of Saint Francis has also earned the #9 rank in our “Best Management Sciences & Quantitative Methods 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 University of St Francis are $13,839.

Read more about Management Sciences & Quantitative Methods at University of Saint Francis

#5

Loyola University Chicago

Chicago, Illinois
#4 in overall quality

You’ll be in good company if you decide to attend Loyola University Chicago. It ranked #5 on our 2022 Best Value Management Science Schools for a Master’s in Illinois list. Loyola Chicago is a private not-for-profit institution located in Chicago, Illinois. The school has a fairly large population, and it awarded 92 masters’s degrees in 2019-2020.

In addition to being on our illinois master’s degree management science students list, Loyola Chicago has also earned the #4 rank in our “Best Management Sciences & Quantitative Methods Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Loyola University Chicago are $19,154, but some majors have different tuition rates.

Full Loyola Chicago Management Sciences & Quantitative Methods Report

#6

Lewis University

Romeoville, Illinois
#10 in overall quality

Lewis University landed the #6 spot on the 2022 Best Value Management Science Schools for a Master’s in Illinois ranking. Lewis is a medium-sized private not-for-profit school situated in Romeoville, Illinois. It awarded 20 masters’s management science degrees in 2019-2020.

Lewis also took the #10 spot in our “Best Management Sciences & Quantitative Methods 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.

Full Lewis Management Sciences & Quantitative Methods Report

#7

DePaul University

Chicago, Illinois
#5 in overall quality

DePaul University landed the #7 spot on the 2022 Best Value Management Science Schools for a Master’s in Illinois ranking. DePaul is located in Chicago, Illinois and, has a large student population. In 2019-2020, this school awarded 28 masters’s management science degrees to qualified students.

In addition to being on our illinois master’s degree management science students list, DePaul has also earned the #5 rank in our “Best Management Sciences & Quantitative Methods 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 DePaul are $19,760.

Read full report on Management Sciences & Quantitative Methods at DePaul

#8

Benedictine University

Lisle, Illinois
#11 in overall quality

Benedictine University came in at #8 in this year’s edition of the Best Value Management Science Schools for a Master’s in Illinois ranking. Benedictine University is located in Lisle, Illinois and, has a small student population. In 2019-2020, this school awarded 6 masters’s management science degrees to qualified students.

Benedictine U did well in our major quality rankings, too. It placed #11 on our “Best Management Sciences & Quantitative Methods Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at Benedictine University are $19,709, but some majors have different tuition rates.

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

#9

Elmhurst University

Elmhurst, Illinois

With a ranking of #9, Elmhurst University did quite well on the 2022 Best Value Management Science Schools for a Master’s in Illinois list. Elmhurst University is a small private not-for-profit school situated in Elmhurst, Illinois. It awarded 34 masters’s management science degrees in 2019-2020.

As a testament to the quality of education offered at Elmhurst, the school also landed the #8 spot in our “Best Management Sciences & Quantitative Methods 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 Elmhurst are $32,300.

Full Elmhurst University Management Sciences & Quantitative Methods Report

#7 in overall quality

Illinois Institute of Technology came in at #10 in this year’s edition of the Best Value Management Science Schools for a Master’s in Illinois ranking. Illinois Tech is a medium-sized school located in Chicago, Illinois that handed out 28 masters’s management science degrees in 2019-2020.

In addition to being on our illinois master’s degree management science students list, Illinois Tech has also earned the #7 rank in our “Best Management Sciences & Quantitative Methods Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Illinois Tech are $30,695, but some majors have different tuition rates.

Read full report on Management Sciences & Quantitative Methods at Illinois Institute of Technology

#11

Northwestern University

Evanston, Illinois

With a ranking of #11, Northwestern University did quite well on the 2022 Best Value Management Science Schools for a Master’s in Illinois list. Northwestern is a large private not-for-profit school situated in Evanston, Illinois. It awarded 569 masters’s management science degrees in 2019-2020.

Northwestern also took the #1 spot in our “Best Management Sciences & Quantitative Methods 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 are $56,567.

Read more about Management Sciences & Quantitative Methods at Northwestern University

#12

University of Chicago

Chicago, Illinois
#2 in overall quality

University of Chicago landed the #12 spot on the 2022 Best Value Management Science Schools for a Master’s in Illinois ranking. UChicago is a fairly large school located in Chicago, Illinois that handed out 985 masters’s management science degrees in 2019-2020.

In addition to being on our illinois master’s degree management science students list, UChicago has also earned the #2 rank in our “Best Management Sciences & Quantitative Methods 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 UChicago are $61,548.

Full UChicago 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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