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Best Business Administration & Management Schools in Illinois

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2023 Best Business Administration & Management Schools in Illinois

52 Colleges
$55,467 Avg Salary
$25,786 Avg Student Debt

Finding the Best Business Administration & Management School for You

In 2020-2021, business administration and management students earned 13,124 degrees and certificates from an Illinois school, making the subject the 3rd in the state.

There are lots of options to pick from today when trying to decide which program is right for you. You can choose a traditional brick and mortar school, or with the growth of online education, you can attend a school half-way across the country without even leaving your house. Also there are many trade schools that offer short-term programs that open up more career options.

The Best Business Administration & Management Schools in Illinois ranking is one of many tools that Course Advisor has developed to help you make your educational decision. Our analysis looked at 52 schools in Illinois to see which programs offered the best educational experiences for students.

View our full ranking methodology.

2023 Best Business Administration & Management Schools in Illinois

The following schools top our list of the Best Business Administration & Management Colleges.

Top 10 Best Business Administration & Management Schools

#1

University of Chicago

Chicago, IL

Our 2023 rankings named University of Chicago the best school in Illinois for business administration and management students. UChicago is a fairly large private not-for-profit school located in the large city of Chicago.

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#2

Northwestern University

Evanston, IL

A rank of #2 on this year’s list means Northwestern University is a great place for business administration and management students. Located in the city of Evanston, Northwestern is a private not-for-profit school with a very large student population.

Read full report on Business Administration & Management at Northwestern University

The excellent programs at Lake Forest Graduate School of Management helped the school earn the #3 place on this year’s ranking of the best business administration and management schools in Illinois. Lake Forest Graduate School of Management is a fairly small private not-for-profit school located in the suburb of Lake Forest.

Read full report on Business Administration & Management at Lake Forest Graduate School of Management

A rank of #4 on this year’s list means University of Illinois at Urbana-Champaign is a great place for business administration and management students. Located in the city of Champaign, UIUC is a public college with a fairly large student population.

The average amount in student loans that business administration majors at UIUC take out is $18,282. Assuming that a graduate chooses a 10-year repayment plan, the average monthly loan payment is $613.

Read full report on Business Administration & Management at University of Illinois at Urbana-Champaign

The excellent programs at Rasmussen University - Illinois helped the school earn the #5 place on this year’s ranking of the best business administration and management schools in Illinois. Rasmussen University - Illinois is a small private for-profit school located in the medium-sized city of Rockford.

The average amount in student loans that business administration majors at Rasmussen University - Illinois take out is $30,328.

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#6

Augustana College

Rock Island, IL

Augustana College did quite well in this year’s ranking of the best schools for business administration and management students. It came in at #6 on the list. Augustana is a small private not-for-profit school located in the city of Rock Island.

The average amount in student loans that business administration majors at Augustana take out is $27,000. For students who choose a 10-year repayment plan, the average monthly student loan payment is $337.

Full Business Administration & Management at Augustana College Report

Loyola University Chicago came in at #7 in this year’s edition of the Best Business Administration & Management Schools in Illinois ranking. Located in the large city of Chicago, Loyola Chicago is a private not-for-profit college with a fairly large student population.

On average, business administration graduates from Loyola Chicago take out $26,000 in student loans while working on their degree. Assuming that a graduate chooses a 10-year repayment plan, the average monthly loan payment is $889.

Read full report on Business Administration & Management at Loyola University Chicago

Illinois Institute of Technology came in at #8 in this year’s edition of the Best Business Administration & Management Schools in Illinois ranking. Located in the large city of Chicago, Illinois Tech is a private not-for-profit school with a moderately-sized student population.

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#9

Bradley University

Peoria, IL

Bradley University did quite well in this year’s ranking of the best schools for business administration and management students. It came in at #9 on the list. Located in the midsize city of Peoria, Bradley is a private not-for-profit school with a medium-sized student population.

Business Administration majors at Bradley take out an average of $27,000 in student loans while working on their egree. Assuming that a graduate chooses a 10-year repayment plan, the average monthly loan payment is $507.

Read full report on Business Administration & Management at Bradley University

#10

DePaul University

Chicago, IL

DePaul University ranked #10 on this year’s Best Business Administration & Management Schools in Illinois list. Located in the city of Chicago, DePaul is a private not-for-profit college with a fairly large student population.

Business Administration majors at DePaul take out an average of $26,000 in student loans while working on their egree. This translates to an average monthly loan payment of $510, based on a 10-year repayment plan.

Read full report on Business Administration & Management at DePaul University

Best Business Administration & Management Colleges in the Great Lakes Region

Explore all the Best Business Administration & Management Colleges in the Great Lakes Area or other specific states within that region.

State Degrees Awarded
Michigan 9,389
Ohio 10,313
Indiana 6,950
Wisconsin 5,343

Business Administration & Management is one of 21 different types of programs to choose from.

Majors Similar to Business Administration

Related Major Annual Graduates
Accounting 99,265
Finance & Financial Management 57,778
General Business/Commerce 56,042
Marketing 52,916
Management Sciences & Quantitative Methods 43,382

Notes and References

*These averages are for the top 25 schools only.

  • Read more about our ranking methodology.
  • 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 the rest 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).

More about our data sources and methodologies.

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