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2022 Best Value Master’s Degree Colleges for Business, Management & Marketing (Income $48-$75k) in Illinois

37 Ranked Colleges
11,302 Degrees Awarded
$21,700 Avg Grad Tuition & Fees*
Best Value Business, Management & Marketing Schools for a Master's in Illinois For Those Making $48-$75k

With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual has developed its “Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $48-$75k” ranking as one item you can use to help make this decision.

Business, Management & Marketing is one of the most popular majors in the nation, ranking 1st of all the majors we analyze. In 2019-2020, 841,037 degrees were awarded to students with this major. In 2017-2018, business, management and marketing graduates who were awarded their degree in 2015-2017, earned an average of $44,966 and had an average of $27,464 in loans still to pay off.

Across Illinois, there were 29,841 business, management and marketing graduates with average earnings and debt of $49,791 and $28,874 respectively. At the master’s degree level specifically, there were 11,302 business, management and marketing graduates with average earnings and debt of $57,267 and $46,814 respectively.

For this year’s “Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $48-$75k” ranking, we looked at 37 colleges that offer a degree in business, management and marketing. Not only do the schools that top this list have excellent business, management and marketing programs, but they also cost less that schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the business, management and marketing program at the school and the cost to attend the school once aid has been awarded. For more information, check out our ranking methodology.

More Ways to Rank Business, Management & Marketing Schools

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $48-$75k” list, to help you choose the best school for you.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $48-$75k

The colleges and universities below are the best for illinois master’s degree business, management & marketing students whose families make $48-$75k.

Top 25 Best Value Master’s Degree Colleges for Business, Management & Marketing (Income $48-$75k) in Illinois

#1

University of Chicago

Chicago, Illinois
#2 in overall quality

You’ll be in good company if you decide to attend University of Chicago. It ranked #1 on our 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $48-$75k list. University of Chicago is a private not-for-profit institution located in Chicago, Illinois. The school has a fairly large population, and it awarded 1,226 masters’s degrees in 2019-2020.

UChicago did well in our major quality rankings, too. It placed #2 on our “Best Business, Management & Marketing 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 University of Chicago are $61,548.

Read full report on Business, Management & Marketing at UChicago

#2

Northwestern University

Evanston, Illinois
#1 in overall quality

Out of the 37 schools in the Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $48-$75k that were part of this year’s ranking, Northwestern University landed the #2 spot on the list. Northwestern is located in Evanston, Illinois and, has a large student population. In 2019-2020, this school awarded 2,127 masters’s business, management and marketing degrees to qualified students.

As a testament to the quality of education offered at Northwestern, the school also landed the #1 spot in our “Best Business, Management & Marketing 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 University are $56,567.

Read full report on Business, Management & Marketing at Northwestern University

#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 #3 for the Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $48-$75k. UIUC is a public institution located in Champaign, Illinois. The school has a large population, and it awarded 1,385 masters’s degrees in 2019-2020.

UIUC also made our “Best Business, Management & Marketing Master’s Degree Schools in Illinois” list, coming in at #3. Average graduate tuition and fees at UIUC are $30,083, but some majors have different tuition rates.

Read more about Business, Management & Marketing at University of Illinois at Urbana-Champaign

#4

Northern Illinois University

Dekalb, Illinois
#11 in overall quality

You’ll be in good company if you decide to attend Northern Illinois University. It ranked #4 on our 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $48-$75k list. Dekalb, Illinois is the setting for this fairly large institution of higher learning. The public school handed out masters’s business, management and marketing degrees to 286 students in 2019-2020.

NIU also made our “Best Business, Management & Marketing Master’s Degree Schools in Illinois” list, coming in at #11. Average graduate tuition and fees at NIU are $11,086, but some majors have different tuition rates.

Read full report on Business, Management & Marketing at NIU

You’ll join some of the best and brightest minds around if you attend University of Illinois at Springfield. The school came in at #5 for the Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $48-$75k. University of Illinois at Springfield is a small public school situated in Springfield, Illinois. It awarded 83 masters’s business, management and marketing degrees in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Illinois at Springfield are $16,757.

Read full report on Business, Management & Marketing at University of Illinois at Springfield

#9 in overall quality

University of Illinois at Chicago did quite well in the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $48-$75k ranking, coming in at #6. University of Illinois at Chicago is a large public school situated in Chicago, Illinois. It awarded 379 masters’s business, management and marketing degrees in 2019-2020.

In addition to being on our illinois master’s degree business, management & marketing students whose families make $48-$75k list, UIC has also earned the #9 rank in our “Best Business, Management & Marketing 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 Illinois at Chicago are $27,036.

Full University of Illinois at Chicago Business, Management & Marketing Report

Southern Illinois University Edwardsville ranked #7 on this year’s Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $48-$75k list. Southern Illinois University Edwardsville is a fairly large school located in Edwardsville, Illinois that handed out 128 masters’s business, management and marketing degrees in 2019-2020.

Average graduate tuition and fees at SIUE are $9,300, but you may pay more or less depending on your major.

Full SIUE Business, Management & Marketing Report

#8

Judson University

Elgin, Illinois
#18 in overall quality

Judson University did quite well in the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $48-$75k ranking, coming in at #8. Judson University is located in Elgin, Illinois and, has a small student population. In 2019-2020, this school awarded 44 masters’s business, management and marketing degrees to qualified students.

In addition to being on our illinois master’s degree business, management & marketing students whose families make $48-$75k list, Judson has also earned the #18 rank in our “Best Business, Management & Marketing Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Judson are $18,900, but you may pay more or less depending on your major.

Full Judson Business, Management & Marketing Report

#9

Aurora University

Aurora, Illinois
#16 in overall quality

With a ranking of #9, Aurora University did quite well on the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $48-$75k list. Aurora is a private not-for-profit institution located in Aurora, Illinois. The school has a medium-sized population, and it awarded 164 masters’s degrees in 2019-2020.

As a testament to the quality of education offered at Aurora, the school also landed the #16 spot in our “Best Business, Management & Marketing 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 Aurora are $13,200.

Read full report on Business, Management & Marketing at Aurora University

#10

Eastern Illinois University

Charleston, Illinois

Eastern Illinois University landed the #10 spot on the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $48-$75k ranking. Eastern Illinois University is located in Charleston, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 39 masters’s business, management and marketing degrees to qualified students.

Average graduate tuition and fees at Eastern Illinois University are $20,761, but some majors have different tuition rates.

Read full report on Business, Management & Marketing at EIU

#11

Saint Xavier University

Chicago, Illinois
#21 in overall quality

Saint Xavier University landed the #11 spot on the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $48-$75k ranking. Saint Xavier University is located in Chicago, Illinois and, has a small student population. In 2019-2020, this school awarded 90 masters’s business, management and marketing degrees to qualified students.

In addition to being on our illinois master’s degree business, management & marketing students whose families make $48-$75k list, SXU has also earned the #21 rank in our “Best Business, Management & Marketing 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 Saint Xavier University are $15,450.

Read more about Business, Management & Marketing at SXU

With a ranking of #12, Southern Illinois University Carbondale did quite well on the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $48-$75k list. SIUC is a public institution located in Carbondale, Illinois. The school has a fairly large population, and it awarded 86 masters’s degrees in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at Southern Illinois University Carbondale are $32,928.

Full Southern Illinois University Carbondale Business, Management & Marketing Report

#13

University of St Francis

Joliet, Illinois
#20 in overall quality

University of St Francis came in at #13 in this year’s edition of the Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $48-$75k ranking. This small school is located in Joliet, Illinois, and it awarded 70 masters’s business, management and marketing degrees in 2019-2020.

University of Saint Francis also made our “Best Business, Management & Marketing Master’s Degree Schools in Illinois” list, coming in at #20. Average graduate tuition and fees at University of St Francis are $13,839, but you may pay more or less depending on your major.

Full University of Saint Francis Business, Management & Marketing Report

#14

Governors State University

University Park, Illinois

With a ranking of #14, Governors State University did quite well on the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $48-$75k list. University Park, Illinois is the setting for this small institution of higher learning. The public school handed out masters’s business, management and marketing degrees to 40 students in 2019-2020.

Average graduate tuition and fees at GSU are $14,674, but some majors have different tuition rates.

Read more about Business, Management & Marketing at GSU

#15

Illinois State University

Normal, Illinois
#8 in overall quality

Illinois State University ranked #15 on this year’s Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $48-$75k list. Illinois State University is a large school located in Normal, Illinois that handed out 162 masters’s business, management and marketing degrees in 2019-2020.

Illinois State also made our “Best Business, Management & Marketing Master’s Degree Schools in Illinois” list, coming in at #8. Average graduate tuition and fees at Illinois State are $11,069, but some majors have different tuition rates.

Full Illinois State University Business, Management & Marketing Report

#16

Lewis University

Romeoville, Illinois
#12 in overall quality

Lewis University came in at #16 in this year’s edition of the Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $48-$75k ranking. Lewis is a medium-sized private not-for-profit school situated in Romeoville, Illinois. It awarded 181 masters’s business, management and marketing degrees in 2019-2020.

Lewis also made our “Best Business, Management & Marketing Master’s Degree Schools in Illinois” list, coming in at #12. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Lewis are $14,780.

Read full report on Business, Management & Marketing at Lewis University

#17

Western Illinois University

Macomb, Illinois
#23 in overall quality

Western Illinois University landed the #17 spot on the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $48-$75k ranking. WIU is a medium-sized public school situated in Macomb, Illinois. It awarded 48 masters’s business, management and marketing degrees in 2019-2020.

WIU also took the #23 spot in our “Best Business, Management & Marketing Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at WIU are $11,996, but you may pay more or less depending on your major.

Read full report on Business, Management & Marketing at WIU

#18

Elmhurst University

Elmhurst, Illinois
#10 in overall quality

Elmhurst University came in at #18 in this year’s edition of the Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $48-$75k ranking. Located in Elmhurst, Illinois, this small private not-for-profit school awarded 106 degrees to qualified masters’s business, management and marketing students in 2019-2020.

Elmhurst did well in our major quality rankings, too. It placed #10 on our “Best Business, Management & Marketing 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 Elmhurst University are $32,300.

Full Elmhurst Business, Management & Marketing Report

#19

Quincy University

Quincy, Illinois

Quincy University landed the #19 spot on the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $48-$75k ranking. Located in Quincy, Illinois, this small private not-for-profit school awarded 14 degrees to qualified masters’s business, management and marketing students in 2019-2020.

As a testament to the quality of education offered at Quincy U, the school also landed the #0 spot in our “Best Business, Management & Marketing Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Quincy U are $12,000, but you may pay more or less depending on your major.

Full Quincy U Business, Management & Marketing Report

#20

Concordia University, Chicago

River Forest, Illinois
#15 in overall quality

Concordia University, Chicago landed the #20 spot on the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $48-$75k ranking. Located in River Forest, Illinois, this medium-sized private not-for-profit school handed out 200 diplomas to qualified masters’s business, management and marketing students in 2019-2020.

Concordia University, Chicago did well in our major quality rankings, too. It placed #15 on our “Best Business, Management & Marketing Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at Concordia University, Chicago are $9,378, but some majors have different tuition rates.

Full Concordia University, Chicago Business, Management & Marketing Report

#21

Millikin University

Decatur, Illinois

Millikin University came in at #21 in this year’s edition of the Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $48-$75k ranking. Decatur, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out masters’s business, management and marketing degrees to 26 students in 2019-2020.

Millikin also made our “Best Business, Management & Marketing Master’s Degree Schools in Illinois” list, coming in at #0. Average graduate tuition and fees at Millikin are $23,733, but you may pay more or less depending on your major.

Read more about Business, Management & Marketing at Millikin

#22

Olivet Nazarene University

Bourbonnais, Illinois
#25 in overall quality

Olivet Nazarene University did quite well in the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $48-$75k ranking, coming in at #22. Olivet Nazarene University is a small school located in Bourbonnais, Illinois that handed out 70 masters’s business, management and marketing degrees in 2019-2020.

In addition to being on our illinois master’s degree business, management & marketing students whose families make $48-$75k list, Olivet Nazarene has also earned the #25 rank in our “Best Business, Management & Marketing 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 Olivet Nazarene are $13,393.

Read more about Business, Management & Marketing at Olivet Nazarene

#14 in overall quality

Illinois Institute of Technology landed the #23 spot on the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $48-$75k ranking. Chicago, Illinois is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out masters’s business, management and marketing degrees to 86 students in 2019-2020.

In addition to being on our illinois master’s degree business, management & marketing students whose families make $48-$75k list, Illinois Tech has also earned the #14 rank in our “Best Business, Management & Marketing 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 Illinois Institute of Technology are $30,695.

Read full report on Business, Management & Marketing at Illinois Tech

#24

North Park University

Chicago, Illinois
#24 in overall quality

With a ranking of #24, North Park University did quite well on the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $48-$75k list. Located in Chicago, Illinois, this small private not-for-profit school awarded 87 diplomas to qualified masters’s business, management and marketing students in 2019-2020.

In addition to being on our illinois master’s degree business, management & marketing students whose families make $48-$75k list, North Park has also earned the #24 rank in our “Best Business, Management & Marketing 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 North Park are $14,076.

Full North Park Business, Management & Marketing Report

#25

Dominican University

River Forest, Illinois

Dominican University came in at #25 in this year’s edition of the Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $48-$75k ranking. Dominican U is a small private not-for-profit school situated in River Forest, Illinois. It awarded 43 masters’s business, management and marketing degrees in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at Dominican U are $20,884.

Full Dominican U Business, Management & Marketing 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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