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Best Business Administration & Management Master's Degree Schools in Illinois

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2023 Best Business Administration & Management Master's Degree Schools in Illinois

39 Colleges
$68,610 Avg Salary

Finding the Best Business Administration & Management Master's Degree 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 Master's Degree 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 39 schools in Illinois to see which master's degree programs offered the best educational experiences for students. To come up with a school's ranking, we analyzed numerous factors related to post-graduation wages, the quality of education offered by the school, average accumulated student debt, and more.

View our full ranking methodology.

2023 Best Business Administration & Management Master’s Degree Schools in Illinois

The colleges and universities below are the best for business administration majors pursuing a master's degree.

Top 10 Best Business Administration & Management Master's Degree Schools

#1

University of Chicago

Chicago, IL

Our analysis found University of Chicago to be the best school for business administration and management students who want to pursue a master’s degree in Illinois. 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

Out of the 39 schools in Illinois that were part of this year’s ranking, Northwestern University landed the # 2 spot on the list. Located in the city of Evanston, Northwestern is a private not-for-profit school with a very large student population.

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Out of the 39 schools in Illinois that were part of this year’s ranking, Lake Forest Graduate School of Management landed the # 3 spot on the list. Lake Forest Graduate School of Management is a fairly small private not-for-profit school located in the large suburb of Lake Forest.

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Out of the 39 schools in Illinois that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the # 4 spot on the list. Located in the small city of Champaign, UIUC is a public school with a fairly large student population.

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You’ll join some of the best and brightest minds around you if you attend Illinois Institute of Technology. The school came in at #5 on this year’s Best Business Administration & Management Master’s Degree Schools in Illinois list. Located in the large city of Chicago, Illinois Tech is a private not-for-profit college with a moderately-sized student population.

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#6

DePaul University

Chicago, IL

DePaul University did quite well in this year’s ranking of the best places for business administration and management students to get a master’s degree. It came in at #6 on the list. Located in the large city of Chicago, DePaul is a private not-for-profit college with a very large student population.

Full Business Administration & Management at DePaul University Report

Northern Illinois University landed the #7 spot in the 2023 rankings for the best master’s degree business administration and management programs. NIU is a fairly large public school located in the suburb of Dekalb.

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#8

Bradley University

Peoria, IL

Bradley University ranked #8 on this year’s Best Business Administration & Management Master’s Degree Schools in Illinois list. Located in the city of Peoria, Bradley is a private not-for-profit college with a moderately-sized student population.

Full Business Administration & Management at Bradley University Report

With a ranking of #9, Illinois State University did quite well on this year’s best schools for business administration and management students working on their master’s degree. Illinois State is a fairly large public school located in the medium-sized suburb of Normal.

Full Business Administration & Management at Illinois State University Report

Loyola University Chicago did quite well in this year’s ranking of the best places for business administration and management students to get a master’s degree. It came in at #10 on the list. Located in the city of Chicago, Loyola Chicago is a private not-for-profit college with a fairly large student population.

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

Best Business Administration & Management Colleges in the Great Lakes Region

Explore all the Best Business Administration & Management Schools 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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