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Best Value Business Administration & Management Bachelor's Degree Schools in Illinois

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

Identifying Quality Schools at More Affordable Prices

43 Colleges
$22,448 Avg Tuition & Fees*
$42,058 Avg Salary

Finding the Best Business Administration & Management Bachelor'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 Value Business Administration & Management Bachelor's Degree Schools in Illinois ranking is one of many tools that Course Advisor has developed to help you make your educational decision. This report analyzed 43 schools in Illinois to see which ones offered the best value bachelor's degree programs for business administration students. The goal was to highlight schools with more affordable prices than others offering similar quality experiences.

When determining this ranking, we place a high emphasis on the school's quality as well as its sticker price. Even though a college may be affordable, it may not offer value. More specifically, we discount our quality score by the published tuition and fees charged by a school. This gives the cost per unit of quality for each college. The value is determined by how much quality your dollar buys.

Our calculations use out-of-state tuition and fees in our nationwide and regional rankings. Average in-state tuition and fees are used for our statewide rankings.

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

Our analysis found University of Illinois at Urbana-Champaign to be the best value school for business administration and management students who want to pursue a bachelor’s degree in Illinois. Located in the city of Champaign, UIUC is a public college with a very large student population.

The average tuition and fees for an in-state undergraduate at UIUC are $17,634 a year. While working on their Bachelor's Degree, business administration majors at UIUC accumulate an average of around $17,517 in student debt. Assuming that a graduate chooses a 10-year repayment plan, the average monthly loan payment is $613.

UIUC also took the #3 spot in our Best Business Administration & Management Bachelor’s Degree Schools in Illinois rankings.

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The excellent bachelor’s degree programs at Western Illinois University helped the school earn the #2 place on this year’s ranking of the best value business administration and management schools in Illinois. Located in the town of Macomb, WIU is a public school with a moderately-sized student population.

The average tuition and fees for an in-state undergraduate at WIU are $13,297 a year. On average, business administration graduates from WIU take out $24,734 in student loans while working on their Bachelor's Degree. Assuming that a graduate chooses a 10-year repayment plan, the average monthly loan payment is $314.

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A rank of #3 on this year’s list means Southern Illinois University Edwardsville is a great value for business administration and management students working on their bachelor’s degree. SIUE is a large public school located in the large suburb of Edwardsville.

The average tuition and fees for an in-state undergraduate at SIUE are $11,496 a year. The average amount in student loans that business administration majors at SIUE take out while working on their Bachelor's Degree is $22,703. When it comes time to repay the loan, graduates who are on a 10-year repayment plan pay an average monthly payment of $220.

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You’ll join some of the best and brightest minds around you if you attend University of Illinois at Springfield. The school came in at #4 on this year’s Best Value Business Administration & Management Bachelor’s Degree Schools in Illinois list. UIS is a small public school located in the medium-sized city of Springfield.

UIS undergraduate students pay an average of $12,053 in in-state tuition and fees each year. The average amount in student loans that business administration majors at UIS take out while working on their Bachelor's Degree is $25,948. This translates to an average monthly loan payment of $124, based on a 10-year repayment plan.

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You’ll be in good company if you decide to attend Illinois State University. It ranked #5 on our 2023 Best Value Business Administration & Management Bachelor’s Degree Schools in Illinois list. Illinois State is a very large public school located in the midsize suburb of Normal.

Illinois State undergraduate students pay an average of $13,968 in in-state tuition and fees each year. Business Administration majors at Illinois State take out an average of $18,865 in student loans while working on their Bachelor's Degree. When it comes time to repay the loan, graduates who are on a 10-year repayment plan pay an average monthly payment of $412.

Illinois State not only placed well in our value ranking, but it is also #5 on our Best Business Administration & Management Bachelor’s Degree Schools in Illinois list.

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#6

Governors State University

University Park, IL

With a ranking of #6, Governors State University did quite well on this year’s best value schools for business administration and management students working on their bachelor’s degree. Located in the rural area of University Park, GSU is a public college with a small student population.

GSU undergraduate students pay an average of $10,108 in in-state tuition and fees each year. On average, business administration graduates from GSU take out $27,664 in student loans while working on their Bachelor's Degree.

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With a ranking of #7, DeVry University - Illinois did quite well on this year’s best value schools for business administration and management students working on their bachelor’s degree. DeVry University - Illinois is a very large private for-profit school located in the midsize city of Chicago.

The average tuition and fees for an in-state undergraduate at DeVry University - Illinois are $15,032 a year. While working on their Bachelor's Degree, business administration majors at DeVry University - Illinois accumulate an average of around $42,035 in student debt. This translates to an average monthly loan payment of $107, based on a 10-year repayment plan.

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Northern Illinois University ranked #8 on this year’s Best Value Business Administration & Management Bachelor’s Degree Schools in Illinois list. NIU is a fairly large public school located in the suburb of Dekalb.

The average tuition and fees for an in-state undergraduate at NIU are $14,738 a year. Business Administration majors at NIU take out an average of $24,028 in student loans while working on their Bachelor's Degree. When it comes time to repay the loan, graduates who are on a 10-year repayment plan pay an average monthly payment of $171.

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National Louis University did quite well in this year’s ranking of the best places for business administration and management students to get a bachelor’s degree. It came in at #9 on the list. NLU is a moderately-sized private not-for-profit school located in the city of Chicago.

The average tuition and fees for an in-state undergraduate at NLU are $14,169 a year. On average, business administration graduates from NLU take out $21,028 in student loans while working on their Bachelor's Degree.

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Southern Illinois University Carbondale came in at #10 in this year’s edition of the Best Value Business Administration & Management Bachelor’s Degree Schools in Illinois ranking. SIUC is a fairly large public school located in the small city of Carbondale.

The average tuition and fees for an in-state undergraduate at SIUC are $15,240 a year. After completing their Bachelor's Degree, business administration graduates from SIUC carry an average student debtload of $29,113.

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Best Value Business Administration & Management Colleges in the Great Lakes Region

Explore all the Best Value 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.

  • 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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