2023 Best Value Business Administration & Management Schools in Illinois
Identifying Quality Schools at More Affordable Prices
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.
To help you arm yourself with the information you need to make your decision, Course Advisor has developed this Best Value Business Administration & Management Schools in Illinois ranking. This report analyzed 52 schools in Illinois to see which ones offered the best value 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 Schools
Our analysis found Rasmussen University - Illinois to be the best value school for business administration and management students who want to pursue a degree in Illinois. Rasmussen University - Illinois is a small private for-profit school located in the city of Rockford.
The average tuition and fees for an in-state undergraduate at Rasmussen University - Illinois are $13,883 a year. The average amount in student loans that business administration majors at Rasmussen University - Illinois take out is $30,328.
Rasmussen University - Illinois not only placed well in our value ranking, but it is also #5 on our Best Business Administration & Management Schools in Illinois list.
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You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #2 on our 2023 Best Value Business Administration & Management Schools in Illinois list. Located in the small city of Champaign, UIUC is a public college with a very large student population.
UIUC undergraduate students pay an average of $17,634 in in-state tuition and fees each year. 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.
UIUC did well in our overall quality rankings, too. It placed #3 on our Best Business Administration & Management Schools in Illinois list.
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A rank of #3 on this year’s list means Illinois State University is a great value for business administration and management students. Illinois State is a very large public school located in the medium-sized suburb of Normal.
In-state tuition fees for undergraduate students at Illinois State are $13,968 per year. On average, business administration graduates from Illinois State take out $18,500 in student loans while working on their 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.
In addition to its great value ranking, Illinois State is in the top 10% of all schools on our Best Business Administration & Management Schools in Illinois list.
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You’ll join some of the best and brightest minds around you if you attend Southern Illinois University Edwardsville. The school came in at #4 on this year’s Best Value Business Administration & Management Schools in Illinois list. SIUE is a large public school located in the suburb of Edwardsville.
In-state tuition fees for undergraduate students at SIUE are $11,496 per year. Business Administration majors at SIUE take out an average of $22,350 in student loans while working on their egree. 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 Northern Illinois University. The school came in at #5 on this year’s Best Value Business Administration & Management Schools in Illinois list. NIU is a fairly large public school located in the small suburb of Dekalb.
NIU undergraduate students pay an average of $14,738 in in-state tuition and fees each year. The average amount in student loans that business administration majors at NIU take out is $23,187. 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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Western Illinois University ranked #6 on this year’s Best Value Business Administration & Management Schools in Illinois list. Located in the town of Macomb, WIU is a public school with a moderately-sized student population.
In-state tuition fees for undergraduate students at WIU are $13,297 per year. On average, business administration graduates from WIU take out $25,000 in student loans while working on their degree. Assuming that a graduate chooses a 10-year repayment plan, the average monthly loan payment is $314.
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University of Illinois at Springfield did quite well in this year’s ranking of the best value schools for business administration and management students. It came in at #7 on the list. UIS is a small public school located in the city of Springfield.
In-state tuition fees for undergraduate students at UIS are $12,053 per year. After completing their degree, business administration graduates from UIS carry an average student debtload of $25,863. This translates to an average monthly loan payment of $124, based on a 10-year repayment plan.
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With a ranking of #8, Governors State University did quite well on this year’s best value schools for business administration and management students. Located in the rural area of University Park, GSU is a public college with a small student population.
In-state tuition fees for undergraduate students at GSU are $10,108 per year. The average amount in student loans that business administration majors at GSU take out is $25,000.
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With a ranking of #9, Concordia University, Chicago did quite well on this year’s best value schools for business administration and management students. Concordia University, Chicago is a moderately-sized private not-for-profit school located in the suburb of River Forest.
In-state tuition fees for undergraduate students at Concordia University, Chicago are $34,310 per year. Business Administration majors at Concordia University, Chicago take out an average of $22,771 in student loans while working on their egree.
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National Louis University ranked #10 on this year’s Best Value Business Administration & Management Schools in Illinois list. NLU is a moderately-sized private not-for-profit school located in the city of Chicago.
In-state tuition fees for undergraduate students at NLU are $14,169 per year.
Request InformationBest 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 |
More Business Administration & Management Rankings in Illinois
Business Administration & Management Related Majors for Business Administration
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 26 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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