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2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois

35 Ranked Colleges
11,302 Degrees Awarded
$16,900 Avg Grad Tuition & Fees*
Best Value Business, Management & Marketing Schools for a Master's in Illinois

When it comes to choosing a college, students have a lot of options - but not all of them are good. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Business, Management & Marketing Schools for a Master’s in Illinois” ranking.

With 841,037 degrees handed out in 2019-2020, business, management and marketing is the 1st most popular major in the United States. 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” ranking, we looked at 35 colleges that offer a degree in business, management and marketing. The schools that top this list are recognized because they have great business, management and marketing programs and 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.

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 Business, Management & Marketing Schools for a Master’s in Illinois” ranking, along with many other major-related rankings, to help you make that decision.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. 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 Business, Management & Marketing Schools for a Master’s in Illinois

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

Top 25 Best Value Master’s Degree Colleges for Business, Management & Marketing in Illinois

#3 in overall quality

Out of the 35 schools in the Best Value Business, Management & Marketing Schools for a Master’s in Illinois that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the #1 spot on the list. University of Illinois at Urbana-Champaign is a large school located in Champaign, Illinois that handed out 1,385 masters’s business, management and marketing degrees in 2019-2020.

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

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

#2

Illinois State University

Normal, Illinois
#8 in overall quality

Out of the 35 schools in the Best Value Business, Management & Marketing Schools for a Master’s in Illinois that were part of this year’s ranking, Illinois State University landed the #2 spot on the list. Illinois State University is located in Normal, Illinois and, has a large student population. In 2019-2020, this school awarded 162 masters’s business, management and marketing degrees to qualified students.

In addition to being on our illinois master’s degree business, management & marketing students list, Illinois State has also earned the #8 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 State are $11,069.

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

#3

Concordia University, Chicago

River Forest, Illinois
#15 in overall quality

You’ll join some of the best and brightest minds around if you attend Concordia University, Chicago. The school came in at #3 for the Best Value Business, Management & Marketing Schools for a Master’s in Illinois. Concordia University, Chicago is a private not-for-profit institution located in River Forest, Illinois. The school has a medium-sized population, and it awarded 200 masters’s degrees in 2019-2020.

In addition to being on our illinois master’s degree business, management & marketing students list, Concordia University, Chicago has also earned the #15 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 Concordia University, Chicago are $9,378.

Read more about Business, Management & Marketing at Concordia University, Chicago

#4

Northern Illinois University

Dekalb, Illinois
#11 in overall quality

You’ll join some of the best and brightest minds around if you attend Northern Illinois University. The school came in at #4 for the Best Value Business, Management & Marketing Schools for a Master’s in Illinois. Located in Dekalb, Illinois, this fairly large public school handed out 286 degrees to qualified masters’s business, management and marketing students in 2019-2020.

As a testament to the quality of education offered at NIU, the school also landed the #11 spot in our “Best Business, Management & Marketing Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Northern Illinois University are $11,086, but you may pay more or less depending on your major.

Read full report on Business, Management & Marketing at NIU

#5

Bradley University

Peoria, Illinois
#6 in overall quality

You’ll join some of the best and brightest minds around if you attend Bradley University. The school came in at #5 for the Best Value Business, Management & Marketing Schools for a Master’s in Illinois. Peoria, 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 46 students in 2019-2020.

Bradley also took the #6 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 Bradley are $17,040.

Read more about Business, Management & Marketing at Bradley

#6

Aurora University

Aurora, Illinois
#16 in overall quality

Aurora University did quite well in the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois ranking, coming in at #6. Aurora University 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. Average graduate tuition and fees at Aurora University are $13,200, but some majors have different tuition rates.

Read more about Business, Management & Marketing at Aurora University

#7

Lewis University

Romeoville, Illinois
#12 in overall quality

Lewis University landed the #7 spot on the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois ranking. This medium-sized school is located in Romeoville, Illinois, and it awarded 181 masters’s business, management and marketing degrees in 2019-2020.

Lewis not only placed well in this ranking. It is also #12 on our “Best Business, Management & Marketing Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at Lewis University are $14,780, but you may pay more or less depending on your major.

Full Lewis University Business, Management & Marketing Report

Southern Illinois University Edwardsville came in at #8 in this year’s edition of the Best Value Business, Management & Marketing Schools for a Master’s in Illinois ranking. Edwardsville, 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 128 students in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at SIUE are $9,300.

Full SIUE Business, Management & Marketing Report

#9

McKendree University

Lebanon, Illinois

McKendree University came in at #9 in this year’s edition of the Best Value Business, Management & Marketing Schools for a Master’s in Illinois ranking. Located in Lebanon, Illinois, this small private not-for-profit school handed out 61 degrees to qualified masters’s business, management and marketing students in 2019-2020.

Average graduate tuition and fees at McKendree are $9,324, but some majors have different tuition rates.

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

#10

Western Illinois University

Macomb, Illinois
#23 in overall quality

Western Illinois University landed the #10 spot on the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois ranking. Located in Macomb, Illinois, this medium-sized public school handed out 48 diplomas to qualified masters’s business, management and marketing students 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 Western Illinois University are $11,996, but you may pay more or less depending on your major.

Full WIU Business, Management & Marketing Report

#11

University of St Francis

Joliet, Illinois
#20 in overall quality

University of St Francis came in at #11 in this year’s edition of the Best Value Business, Management & Marketing Schools for a Master’s in Illinois ranking. University of Saint Francis is located in Joliet, Illinois and, has a small student population. In 2019-2020, this school awarded 70 masters’s business, management and marketing degrees to qualified students.

University of Saint Francis not only placed well in this ranking. It is also #20 on our “Best Business, Management & Marketing Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at University of Saint Francis are $13,839, but some majors have different tuition rates.

Read more about Business, Management & Marketing at University of Saint Francis

#12

DeVry University - Illinois

Chicago, Illinois
#7 in overall quality

DeVry University - Illinois came in at #12 in this year’s edition of the Best Value Business, Management & Marketing Schools for a Master’s in Illinois ranking. DeVry University - Illinois is located in Chicago, Illinois and, has a large student population. In 2019-2020, this school awarded 1,500 masters’s business, management and marketing degrees to qualified students.

In addition to being on our illinois master’s degree business, management & marketing students list, DeVry University - Illinois has also earned the #7 rank in our “Best Business, Management & Marketing Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at DeVry University - Illinois are $17,552, but you may pay more or less depending on your major.

Read full report on Business, Management & Marketing at DeVry University - Illinois

#13

University of Illinois at Springfield

Springfield, Illinois

With a ranking of #13, University of Illinois at Springfield did quite well on the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois list. UIS is a small school located in Springfield, Illinois that handed out 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.

Full UIS Business, Management & Marketing Report

#9 in overall quality

University of Illinois at Chicago came in at #14 in this year’s edition of the Best Value Business, Management & Marketing Schools for a Master’s in Illinois ranking. Located in Chicago, Illinois, this large public school awarded 379 degrees to qualified masters’s business, management and marketing students in 2019-2020.

UIC also took the #9 spot in our “Best Business, Management & Marketing Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at University of Illinois at Chicago are $27,036, but some majors have different tuition rates.

Full UIC Business, Management & Marketing Report

#15

Olivet Nazarene University

Bourbonnais, Illinois
#25 in overall quality

Olivet Nazarene University ranked #15 on this year’s Best Value Business, Management & Marketing Schools for a Master’s in Illinois list. Bourbonnais, 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 70 students in 2019-2020.

Olivet Nazarene not only placed well in this ranking. It is also #25 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 Olivet Nazarene University are $13,393.

Read full report on Business, Management & Marketing at Olivet Nazarene University

#16

DePaul University

Chicago, Illinois
#4 in overall quality

DePaul University landed the #16 spot on the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois ranking. Located in Chicago, Illinois, this large private not-for-profit school awarded 815 degrees to qualified masters’s business, management and marketing students in 2019-2020.

DePaul did well in our major quality rankings, too. It placed #4 on our “Best Business, Management & Marketing Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at DePaul are $19,760, but you may pay more or less depending on your major.

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

#17

Loyola University Chicago

Chicago, Illinois
#5 in overall quality

Loyola University Chicago landed the #17 spot on the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois ranking. Chicago, Illinois is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out masters’s business, management and marketing degrees to 285 students in 2019-2020.

Loyola Chicago also took the #5 spot in our “Best Business, Management & Marketing Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Loyola Chicago are $19,154, but some majors have different tuition rates.

Read more about Business, Management & Marketing at Loyola Chicago

#18

North Park University

Chicago, Illinois
#24 in overall quality

With a ranking of #18, North Park University did quite well on the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois list. North Park University is a private not-for-profit institution located in Chicago, Illinois. The school has a small population, and it awarded 87 masters’s degrees in 2019-2020.

In addition to being on our illinois master’s degree business, management & marketing students list, North Park has also earned the #24 rank in our “Best Business, Management & Marketing Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at North Park are $14,076, but you may pay more or less depending on your major.

Read more about Business, Management & Marketing at North Park

#19

North Central College

Naperville, Illinois
#19 in overall quality

North Central College did quite well in the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois ranking, coming in at #19. North Central is located in Naperville, Illinois and, has a small student population. In 2019-2020, this school awarded 28 masters’s business, management and marketing degrees to qualified students.

As a testament to the quality of education offered at North Central, the school also landed the #19 spot in our “Best Business, Management & Marketing Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at North Central are $15,822, but some majors have different tuition rates.

Read more about Business, Management & Marketing at North Central

#20

Benedictine University

Lisle, Illinois
#13 in overall quality

Benedictine University ranked #20 on this year’s Best Value Business, Management & Marketing Schools for a Master’s in Illinois list. Benedictine University is a small school located in Lisle, Illinois that handed out 335 masters’s business, management and marketing degrees in 2019-2020.

Benedictine U not only placed well in this ranking. It is also #13 on our “Best Business, Management & Marketing 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 Business, Management & Marketing at Benedictine University

#21

Saint Xavier University

Chicago, Illinois
#21 in overall quality

Saint Xavier University came in at #21 in this year’s edition of the Best Value Business, Management & Marketing Schools for a Master’s in Illinois 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.

As a testament to the quality of education offered at SXU, the school also landed the #21 spot in our “Best Business, Management & Marketing Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Saint Xavier University are $15,450, but some majors have different tuition rates.

Read full report on Business, Management & Marketing at Saint Xavier University

#22

Eastern Illinois University

Charleston, Illinois

Eastern Illinois University landed the #22 spot on the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois ranking. Charleston, Illinois is the setting for this medium-sized institution of higher learning. The public school handed out masters’s business, management and marketing degrees to 39 students in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at EIU are $20,761.

Read full report on Business, Management & Marketing at EIU

#23

Judson University

Elgin, Illinois
#18 in overall quality

With a ranking of #23, Judson University did quite well on the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois list. Judson is a small school located in Elgin, Illinois that handed out 44 masters’s business, management and marketing degrees in 2019-2020.

Judson also took the #18 spot in our “Best Business, Management & Marketing Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Judson University are $18,900, but you may pay more or less depending on your major.

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

#24

Rockford University

Rockford, Illinois

Rockford University landed the #24 spot on the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois ranking. Rockford is a private not-for-profit institution located in Rockford, Illinois. The school has a small population, and it awarded 29 masters’s degrees in 2019-2020.

Average graduate tuition and fees at Rockford University are $13,255, but some majors have different tuition rates.

Full Rockford Business, Management & Marketing Report

With a ranking of #25, Southern Illinois University Carbondale did quite well on the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois list. Southern Illinois University Carbondale 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.

Average graduate tuition and fees at Southern Illinois University Carbondale are $32,928, but you may pay more or less depending on your major.

Read full report on Business, Management & Marketing at Southern Illinois University Carbondale

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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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