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.
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2023 Best Value Business Administration & Management Schools in Illinois
Check out the business administration programs at these schools if you want to get the best value for your educational dollar.
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 midsize city of Rockford.
In-state tuition fees for undergraduate students at Rasmussen University - Illinois are $13,883 per year. The average amount in student loans that business administration majors at Rasmussen University - Illinois take out is $30,328.
Rasmussen University - Illinois did well in our overall quality rankings, too. It placed #5 on our Best Business Administration & Management Schools in Illinois list.
You’ll join some of the best and brightest minds around you if you attend University of Illinois at Urbana-Champaign. The school came in at #2 on this year’s Best Value Business Administration & Management Schools in Illinois list. 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. 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.
In addition to its best value ranking, and one of the reasons why the school is on the list, UIUC is ranked #3 for overall quality for business administration in Illinois.
You’ll be in good company if you decide to attend Illinois State University. It ranked #3 on our 2023 Best Value Business Administration & Management Schools in Illinois list. Illinois State is a fairly large public school located in the 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.
Full Business Administration & Management at Illinois State University Report
The excellent programs at Southern Illinois University Edwardsville helped the school earn the #4 place on this year’s ranking of the best business administration and management schools in Illinois. SIUE is a large public school located in the suburb of Edwardsville.
The average tuition and fees for an in-state undergraduate at SIUE are $11,496 a 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.
You’ll be in good company if you decide to attend Northern Illinois University. It ranked #5 on our 2023 Best Value Business Administration & Management Schools in Illinois list. NIU is a 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.
Western Illinois University landed the #6 spot in the 2023 rankings for the best value business administration and management programs. Located in the town of Macomb, WIU is a public school with a moderately-sized student population.
WIU undergraduate students pay an average of $13,297 in in-state tuition and fees each 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.
With a ranking of #7, University of Illinois at Springfield did quite well on this year’s best value schools for business administration and management students. UIS is a small public school located in the city of Springfield.
The average tuition and fees for an in-state undergraduate at UIS are $12,053 a 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.
Governors State University ranked #8 on this year’s Best Value Business Administration & Management Schools in Illinois list. Located in the rural area of University Park, GSU is a public school with a small student population.
GSU undergraduate students pay an average of $10,108 in in-state tuition and fees each year. The average amount in student loans that business administration majors at GSU take out is $25,000.
Full Business Administration & Management at Governors State University Report
Concordia University, Chicago ranked #9 on this year’s Best Value Business Administration & Management Schools in Illinois list. Concordia University, Chicago is a medium-sized private not-for-profit school located in the large suburb of River Forest.
The average tuition and fees for an in-state undergraduate at Concordia University, Chicago are $34,310 a year. Business Administration majors at Concordia University, Chicago take out an average of $22,771 in student loans while working on their egree.
National Louis University landed the #10 spot in the 2023 rankings for the best value business administration and management programs. NLU is a medium-sized private not-for-profit school located in the large city of Chicago.
In-state tuition fees for undergraduate students at NLU are $14,169 per year.
Read full report on Business Administration & Management at National Louis University
Best Value Business Administration & Management Colleges in the Great Lakes Region
Explore all the Best Value 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 |
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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