2023 Best Value Business & Commerce Schools in Illinois
Identifying Quality Schools at More Affordable Prices
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 Value Business & Commerce Schools in Illinois ranking. Our analysis looked at 13 schools in Illinois to see which programs offered the best value experiences for general business students with the aim of identifying those quality schools that are more affordable than some of their counterparts.
This ranking is not just a list of inexpensive schools. We also consider each school's quality, since we believe a low-quality school may not be a 'bargain' at any price. 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.
For nationwide and regional rankings, we use out-of-state tuition and fees in our calculations. Average in-state tuition and fees are used for our statewide rankings.
Top 10 Best General Business/Commerce Schools
Our 2023 rankings named DeVry University - Illinois the best value school in Illinois for general business/commerce students. DeVry University - Illinois is a fairly large private for-profit school located in the city of Chicago.
The average tuition and fees for an in-state undergraduate at DeVry University - Illinois are $15,032 a year. The average amount in student loans that general business majors at DeVry University - Illinois take out is $43,832.
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You’ll be in good company if you decide to attend National Louis University. It ranked #2 on our 2023 Best Value Business & Commerce Schools in Illinois list. NLU is a medium-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.
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You’ll join some of the best and brightest minds around you if you attend Northeastern Illinois University. The school came in at #3 on this year’s Best Value Business & Commerce Schools in Illinois list. Northeastern Illinois University is a medium-sized public school located in the large city of Chicago.
In-state tuition fees for undergraduate students at Northeastern Illinois University are $12,064 per year. General Business majors at Northeastern Illinois University take out an average of $18,250 in student loans while working on their egree.
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Out of the 13 schools in Illinois that were part of this year’s ranking, Northwestern University landed the # 4 spot on the list. Located in the small city of Evanston, Northwestern is a private not-for-profit school with a very large student population.
The average tuition and fees for an in-state undergraduate at Northwestern are $60,768 a year.
Northwestern also took the #1 spot in our Best Business & Commerce Schools in Illinois rankings.
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A rank of #5 on this year’s list means University of Chicago is a great value for general business/commerce students. UChicago is a fairly large private not-for-profit school located in the city of Chicago.
UChicago undergraduate students pay an average of $60,963 in in-state tuition and fees each year.
UChicago did well in our overall quality rankings, too. It placed #2 on our Best Business & Commerce Schools in Illinois list.
Full General Business/Commerce at University of Chicago Report
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Stautzenberger College - Rockford Career College came in at #6 in this year’s edition of the Best Value Business & Commerce Schools in Illinois ranking. Located in the medium-sized city of Rockford, Stautzenberger College - Rockford Career College is a private for-profit college with a small student population.
Stautzenberger College - Rockford Career College undergraduate students pay an average of $16,699 in in-state tuition and fees each year.
Full General Business/Commerce at Stautzenberger College - Rockford Career College Report
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Illinois Wesleyan University came in at #7 in this year’s edition of the Best Value Business & Commerce Schools in Illinois ranking. Illinois Wesleyan is a small private not-for-profit school located in the small city of Bloomington.
Illinois Wesleyan undergraduate students pay an average of $52,512 in in-state tuition and fees each year.
In addition to its best value ranking, and one of the reasons why the school is on the list, Illinois Wesleyan is ranked #4 for overall quality for general business in Illinois.
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Trinity Christian College landed the #8 spot in the 2023 rankings for the best value general business/commerce programs. Located in the suburb of Palos Heights, Trinity Christian is a private not-for-profit school with a fairly small student population.
Trinity Christian undergraduate students pay an average of $33,275 in in-state tuition and fees each year.
In addition to its great value ranking, Trinity Christian is in the top 20% of all schools on our Best Business & Commerce Schools in Illinois list.
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Roosevelt University did quite well in this year’s ranking of the best value schools for general business/commerce students. It came in at #9 on the list. Located in the city of Chicago, Roosevelt is a private not-for-profit college with a small student population.
Roosevelt undergraduate students pay an average of $31,493 in in-state tuition and fees each year.
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Olivet Nazarene University came in at #10 in this year’s edition of the Best Value Business & Commerce Schools in Illinois ranking. Located in the suburb of Bourbonnais, Olivet Nazarene is a private not-for-profit school with a small student population.
The average tuition and fees for an in-state undergraduate at Olivet Nazarene are $37,440 a year.
Full General Business/Commerce at Olivet Nazarene University Report
Request InformationBest Value General Business/Commerce Colleges in the Great Lakes Region
Explore all the Best Value General Business/Commerce Schools 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 |
More General Business/Commerce Rankings in Illinois
Majors Related to General Business
One of 21 majors within the area of study, general business/commerce has other similar majors worth exploring.
Most Popular Majors Related to General Business
| 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.
- 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.
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More about our data sources and methodologies.
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