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Best Business & Commerce Schools in Illinois

2023 Best Business & Commerce Schools in Illinois

13 Colleges
$51,293 Avg Salary
$36,417 Avg Student Debt

Finding the Best General Business/Commerce School for You

In 2020-2021, 877 degrees and certificates were awarded to general business/commerce students who went to a Illinois college or university. This makes it the #44 most popular major in the state.

When it comes to higher education, there are a lot of options for students. As online education oppotunities continue to grow, you're not restricted to just schools in your local area anymore. Even some of the 'big name' schools are offering online courses. Also, there are a number of trade schools with offerings that you might find attractive.

To help you arm yourself with the information you need to make your decision, Course Advisor has developed this Best Business & Commerce Schools in Illinois ranking. This report analyzed 13 schools in Illinois to see which ones offered the best programs for students.

View our full ranking methodology.

2023 Best General Business/Commerce Schools in Illinois

The following schools top our list of the Best General Business/Commerce Colleges.

Top 10 Best General Business/Commerce Schools

#1

University of Chicago

Chicago, IL

Our 2023 rankings named University of Chicago the best school in Illinois for general business/commerce students. UChicago is a large private not-for-profit school located in the city of Chicago.

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#2

Northwestern University

Evanston, IL

You’ll join some of the best and brightest minds around you if you attend Northwestern University. The school came in at #2 on this year’s Best Business & Commerce Schools in Illinois list. Located in the city of Evanston, Northwestern is a private not-for-profit college with a very large student population.

Full General Business/Commerce at Northwestern University Report

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#3

Illinois Wesleyan University

Bloomington, IL

Out of the 13 schools in Illinois that were part of this year’s ranking, Illinois Wesleyan University landed the # 3 spot on the list. Illinois Wesleyan is a small private not-for-profit school located in the small city of Bloomington.

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You’ll join some of the best and brightest minds around you if you attend DeVry University - Illinois. The school came in at #4 on this year’s Best Business & Commerce Schools in Illinois list. DeVry University - Illinois is a very large private for-profit school located in the city of Chicago.

The average amount in student loans that general business majors at DeVry University - Illinois take out is $43,832.

Full General Business/Commerce at DeVry University - Illinois Report

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#5

Olivet Nazarene University

Bourbonnais, IL

Out of the 13 schools in Illinois that were part of this year’s ranking, Olivet Nazarene University landed the # 5 spot on the list. Located in the suburb of Bourbonnais, Olivet Nazarene is a private not-for-profit school with a small student population.

Read full report on General Business/Commerce at Olivet Nazarene University

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#6

Lake Forest College

Lake Forest, IL

Lake Forest College landed the #6 spot in the 2023 rankings for the best general business/commerce programs. Located in the suburb of Lake Forest, Lake Forest is a private not-for-profit school with a small student population.

General Business majors at Lake Forest 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 $319.

Full General Business/Commerce at Lake Forest College Report

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#7

Trinity Christian College

Palos Heights, IL

Trinity Christian College ranked #7 on this year’s Best Business & Commerce Schools in Illinois list. Located in the large suburb of Palos Heights, Trinity Christian is a private not-for-profit college with a small student population.

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#8

Roosevelt University

Chicago, IL

Roosevelt University did quite well in this year’s ranking of the best schools for general business/commerce students. It came in at #8 on the list. Located in the large city of Chicago, Roosevelt is a private not-for-profit school with a small student population.

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National Louis University came in at #9 in this year’s edition of the Best Business & Commerce Schools in Illinois ranking. NLU is a moderately-sized private not-for-profit school located in the large city of Chicago.

Full General Business/Commerce at National Louis University Report

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#10

Saint Xavier University

Chicago, IL

Saint Xavier University landed the #10 spot in the 2023 rankings for the best general business/commerce programs. Located in the large city of Chicago, SXU is a private not-for-profit school with a small student population.

On average, general business graduates from SXU take out $26,095 in student loans while working on their degree. For students who choose a 10-year repayment plan, the average monthly student loan payment is $150.

Full General Business/Commerce at Saint Xavier University Report

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Best General Business/Commerce Colleges in the Great Lakes Region

Explore all the Best General Business/Commerce Colleges in the Great Lakes Area or other specific states within that region.

State Degrees Awarded
Michigan 1,060
Ohio 581
Indiana 5,774
Wisconsin 529

One of 21 majors within the area of study, general business/commerce has other similar majors worth exploring.

Related Major Annual Graduates
Business Administration & Management 416,590
Accounting 99,265
Finance & Financial Management 57,778
Marketing 52,916
Management Sciences & Quantitative Methods 43,382

Notes and References

*These averages are for the top 13 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).
  • Credit for the banner image above goes to U.S. Consulate General Munich.

More about our data sources and methodologies.

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