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Best Value Business & Commerce Schools in Illinois

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2023 Best Value Business & Commerce Schools in Illinois

Identifying Quality Schools at More Affordable Prices

13 Colleges
$35,190 Avg Tuition & Fees*
$51,293 Avg Salary

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.

2023 Best Value General Business/Commerce Schools in Illinois

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

Top 10 Best General Business/Commerce Schools

$15,032 Average Tuition & Fees

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 medium-sized 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.

Read full report on General Business/Commerce at DeVry University - Illinois

$14,169 Average Tuition & Fees

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 moderately-sized private not-for-profit school located in the large city of Chicago.

The average tuition and fees for an in-state undergraduate at NLU are $14,169 a year.

Read More…

$12,064 Average Tuition & Fees

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 moderately-sized public school located in the large city of Chicago.

Northeastern Illinois University undergraduate students pay an average of $12,064 in in-state tuition and fees each 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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#4

Northwestern University

Evanston, IL
$60,768 Average Tuition & Fees

The excellent programs at Northwestern University helped the school earn the #4 place on this year’s ranking of the best general business/commerce schools in Illinois. Located in the small city of Evanston, Northwestern is a private not-for-profit school with a very large student population.

Northwestern undergraduate students pay an average of $60,768 in in-state tuition and fees each year.

Northwestern did well in our overall quality rankings, too. It placed #1 on our Best Business & Commerce Schools in Illinois list.

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#5

University of Chicago

Chicago, IL
$60,963 Average Tuition & Fees

You’ll be in good company if you decide to attend University of Chicago. It ranked #5 on our 2023 Best Value Business & Commerce Schools in Illinois list. UChicago is a fairly large private not-for-profit school located in the large city of Chicago.

In-state tuition fees for undergraduate students at UChicago are $60,963 per year.

UChicago not only placed well in our value ranking, but it is also #2 on our Best Business & Commerce Schools in Illinois list.

Full General Business/Commerce at University of Chicago Report

$16,699 Average Tuition & Fees

Stautzenberger College - Rockford Career College did quite well in this year’s ranking of the best value schools for general business/commerce students. It came in at #6 on the list. Located in the medium-sized city of Rockford, Stautzenberger College - Rockford Career College is a private for-profit school with a fairly small student population.

The average tuition and fees for an in-state undergraduate at Stautzenberger College - Rockford Career College are $16,699 a year.

Full General Business/Commerce at Stautzenberger College - Rockford Career College Report

#7

Illinois Wesleyan University

Bloomington, IL
$52,512 Average Tuition & Fees

With a ranking of #7, Illinois Wesleyan University did quite well on this year’s best value schools for general business/commerce students. Illinois Wesleyan is a small private not-for-profit school located in the city of Bloomington.

The average tuition and fees for an in-state undergraduate at Illinois Wesleyan are $52,512 a 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.

Full General Business/Commerce at Illinois Wesleyan University Report

#8

Trinity Christian College

Palos Heights, IL
$33,275 Average Tuition & Fees

Trinity Christian College landed the #8 spot in the 2023 rankings for the best value general business/commerce programs. Located in the large suburb of Palos Heights, Trinity Christian is a private not-for-profit school with a fairly small student population.

In-state tuition fees for undergraduate students at Trinity Christian are $33,275 per year.

Trinity Christian also claimed a spot on our Best Business & Commerce Schools in Illinois list. It’s in the top 20% of all schools in this category.

Read More…

#9

Roosevelt University

Chicago, IL
$31,493 Average Tuition & Fees

Roosevelt University landed the #9 spot in the 2023 rankings for the best value general business/commerce programs. Located in the large city of Chicago, Roosevelt is a private not-for-profit school with a small student population.

Roosevelt undergraduate students pay an average of $31,493 in in-state tuition and fees each year.

Full General Business/Commerce at Roosevelt University Report

#10

Olivet Nazarene University

Bourbonnais, IL
$37,440 Average Tuition & Fees

Olivet Nazarene University ranked #10 on this year’s Best Value Business & Commerce Schools in Illinois list. Located in the suburb of Bourbonnais, Olivet Nazarene is a private not-for-profit college with a small student population.

In-state tuition fees for undergraduate students at Olivet Nazarene are $37,440 per year.

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

Best 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

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.

  • 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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