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Best Value Finance & Financial Management Schools in Illinois

2023 Best Value Finance & Financial Management Schools in Illinois

Identifying Quality Schools at More Affordable Prices

31 Colleges
$32,425 Avg Tuition & Fees*
$51,673 Avg Salary

Finding the Best Finance & Financial Management School for You

With 1,970 degrees and certificates handed out in 2020-2021, finance and financial management is the #18 most popular major in Illinois.

There are lots of options to pick from today when trying to decide which program is right for you. With more and more schools offering online options, you could even register for a great program on the other side of the country. On top of that, there are a considerable number of trade schools that offer fast-track entry to many fields.

To assist you in seeing some of the education options that are available to you, Course Advisor has created its Best Value Finance & Financial Management Schools in Illinois ranking. This report analyzed 31 schools in Illinois to see which ones offered the best value programs for finance 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 Finance & Financial Management Schools

$17,634 Average Tuition & Fees

Our analysis found University of Illinois at Urbana-Champaign to be the best value school for finance and financial management students who want to pursue a degree in Illinois. Located in the small 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. Finance majors at UIUC take out an average of $19,500 in student loans while working on their egree. The average monthly payment of a loan this size is about $417, assuming that the borrower is on a 10-year repayment plan.

UIUC also took the #3 spot in our Best Finance & Financial Management Schools in Illinois rankings.

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$13,968 Average Tuition & Fees

You’ll be in good company if you decide to attend Illinois State University. It ranked #2 on our 2023 Best Value Finance & Financial Management Schools in Illinois list. Illinois State is a very large public school located in the midsize suburb of Normal.

In-state tuition fees for undergraduate students at Illinois State are $13,968 per year. While working on their degree, finance majors at Illinois State accumulate an average of around $20,602 in student debt. Assuming that a graduate chooses a 10-year repayment plan, the average monthly loan payment is $301.

Illinois State excels when it comes to quality. It’s ranked in the top 10% of all schools on our Best Finance & Financial Management Schools in Illinois list.

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$14,738 Average Tuition & Fees

You’ll be in good company if you decide to attend Northern Illinois University. It ranked #3 on our 2023 Best Value Finance & Financial Management Schools in Illinois list. NIU is a large public school located in the suburb of Dekalb.

The average tuition and fees for an in-state undergraduate at NIU are $14,738 a year. On average, finance graduates from NIU take out $21,083 in student loans while working on their degree.

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#4

Eastern Illinois University

Charleston, IL
$12,297 Average Tuition & Fees

A rank of #4 on this year’s list means Eastern Illinois University is a great value for finance and financial management students. Located in the distant town of Charleston, EIU is a public school with a medium-sized student population.

The average tuition and fees for an in-state undergraduate at EIU are $12,297 a year. After completing their degree, finance graduates from EIU carry an average student debtload of $22,466.

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#5

Concordia University, Chicago

River Forest, IL
$34,310 Average Tuition & Fees

A rank of #5 on this year’s list means Concordia University, Chicago is a great value for finance and financial management students. Concordia University, Chicago is a medium-sized private not-for-profit school located in the suburb of River Forest.

Concordia University, Chicago undergraduate students pay an average of $34,310 in in-state tuition and fees each year.

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$13,297 Average Tuition & Fees

Western Illinois University came in at #6 in this year’s edition of the Best Value Finance & Financial Management Schools in Illinois ranking. Located in the town of Macomb, WIU is a public college with a moderately-sized student population.

WIU undergraduate students pay an average of $13,297 in in-state tuition and fees each year. After completing their degree, finance graduates from WIU carry an average student debtload of $25,250.

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$15,603 Average Tuition & Fees

University of Illinois at Chicago came in at #6 in this year’s edition of the Best Value Finance & Financial Management Schools in Illinois ranking. UIC is a very large public school located in the city of Chicago.

UIC undergraduate students pay an average of $15,603 in in-state tuition and fees each year. On average, finance graduates from UIC take out $17,750 in student loans while working on their degree. The average monthly payment of a loan this size is about $323, assuming that the borrower is on a 10-year repayment plan.

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$12,064 Average Tuition & Fees

Northeastern Illinois University ranked #8 on this year’s Best Value Finance & Financial Management Schools in Illinois list. Northeastern Illinois University is a moderately-sized public school located in the city of Chicago.

In-state tuition fees for undergraduate students at Northeastern Illinois University are $12,064 per year. While working on their degree, finance majors at Northeastern Illinois University accumulate an average of around $14,140 in student debt.

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$15,240 Average Tuition & Fees

Southern Illinois University Carbondale came in at #9 in this year’s edition of the Best Value Finance & Financial Management Schools in Illinois ranking. SIUC is a fairly large public school located in the city of Carbondale.

In-state tuition fees for undergraduate students at SIUC are $15,240 per year. On average, finance graduates from SIUC take out $21,972 in student loans while working on their degree.

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#10

University of Chicago

Chicago, IL
$60,963 Average Tuition & Fees

University of Chicago did quite well in this year’s ranking of the best value schools for finance and financial management students. It came in at #10 on the list. UChicago is a large private not-for-profit school located in the large city of Chicago.

The average tuition and fees for an in-state undergraduate at UChicago are $60,963 a year.

UChicago also made our Best Finance & Financial Management Schools in Illinois list, coming in at #2.

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Best Value Finance & Financial Management Colleges in the Great Lakes Region

Explore all the Best Value Finance & Financial Management Schools in the Great Lakes Area or other specific states within that region.

State Degrees Awarded
Michigan 1,699
Ohio 3,170
Indiana 1,178
Wisconsin 1,564

One of 21 majors within the area of study, finance and financial management has other similar majors worth exploring.

Majors Similar to Finance

Related Major Annual Graduates
Business Administration & Management 416,590
Accounting 99,265
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).
  • Credit for the banner image above goes to Dave Dugdale.

More about our data sources and methodologies.

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