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Best Value Management Sciences & Methods Master's Degree Schools in Illinois

2023 Best Value Management Sciences & Methods Master's Degree Schools in Illinois

Identifying Quality Schools at More Affordable Prices

16 Colleges
$23,508 Avg Tuition & Fees*
$83,099 Avg Salary

Finding the Best Management Sciences & Quantitative Methods Master's Degree School for You

Management Sciences & Quantitative Methods is one of the most popular subjects to study in Illinois. With 4,786 degrees and certificates handed out in 2020-2021, it ranked 5th out of all the majors we track in the state.

There are lots of options to pick from today when trying to decide which program is right for you. You're no longer limited to schools in your local area, either, since online programs are becoming more prevalent. Or you may find the programs at a trade school to be a better alternative for you.

To assist you in seeing some of the education options that are available to you, Course Advisor has created its Best Value Management Sciences & Methods Master's Degree Schools in Illinois ranking. This report analyzed 16 schools in Illinois to see which ones offered the best value master's degree programs for management science 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 Management Sciences & Quantitative Methods Master's Degree Schools

Our analysis found Rasmussen University - Illinois to be the best value school for management sciences and quantitative methods students who want to pursue a master’s degree in Illinois. Rasmussen University - Illinois is a small private for-profit school located in the medium-sized city of Rockford.

In-state tuition fees for graduate students at Rasmussen University - Illinois are $5,615 per year.

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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 Management Sciences & Methods Master’s Degree Schools in Illinois list. Located in the city of Champaign, UIUC is a public college with a fairly large student population.

The average tuition and fees for an in-state graduate student at UIUC are $17,823 a year.

UIUC did well in our overall quality rankings, too. It placed #3 on our Best Management Sciences & Methods Master’s Degree Schools in Illinois list.

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You’ll be in good company if you decide to attend Northern Illinois University. It ranked #3 on our 2023 Best Value Management Sciences & Methods Master’s Degree 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 graduate student at NIU are $11,390 a year.

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You’ll join some of the best and brightest minds around you if you attend University of St Francis. The school came in at #4 on this year’s Best Value Management Sciences & Methods Master’s Degree Schools in Illinois list. University of Saint Francis is a small private not-for-profit school located in the suburb of Joliet.

The average tuition and fees for an in-state graduate student at University of Saint Francis are $13,839 a year.

University of Saint Francis also took the #4 spot in our Best Management Sciences & Methods Master’s Degree Schools in Illinois rankings.

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#5

Lewis University

Romeoville, IL

Out of the 16 schools in Illinois that were part of this year’s ranking, Lewis University landed the # 5 spot on the list. Lewis is a medium-sized private not-for-profit school located in the large suburb of Romeoville.

In-state tuition fees for graduate students at Lewis are $14,960 per year.

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Loyola University Chicago came in at #6 in this year’s edition of the Best Value Management Sciences & Methods Master’s Degree Schools in Illinois ranking. Located in the city of Chicago, Loyola Chicago is a private not-for-profit college with a large student population.

In-state tuition fees for graduate students at Loyola Chicago are $19,894 per year.

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#7

DePaul University

Chicago, IL

DePaul University came in at #7 in this year’s edition of the Best Value Management Sciences & Methods Master’s Degree Schools in Illinois ranking. Located in the city of Chicago, DePaul is a private not-for-profit college with a very large student population.

DePaul graduate students pay an average of $18,341 in in-state tuition and fees each year.

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University of Illinois at Chicago landed the #8 spot in the 2023 rankings for the best value master’s degree management sciences and quantitative methods programs. UIC is a fairly large public school located in the large city of Chicago.

UIC graduate students pay an average of $17,277 in in-state tuition and fees each year.

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#9

Northwestern University

Evanston, IL

Northwestern University came in at #9 in this year’s edition of the Best Value Management Sciences & Methods Master’s Degree Schools in Illinois ranking. Located in the city of Evanston, Northwestern is a private not-for-profit school with a fairly large student population.

The average tuition and fees for an in-state graduate student at Northwestern are $56,567 a year.

Northwestern not only placed well in our value ranking, but it is also #1 on our Best Management Sciences & Methods Master’s Degree Schools in Illinois list.

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#10

University of Chicago

Chicago, IL

University of Chicago landed the #10 spot in the 2023 rankings for the best value master’s degree management sciences and quantitative methods programs. UChicago is a fairly large private not-for-profit school located in the large city of Chicago.

UChicago graduate students pay an average of $63,936 in in-state tuition and fees each year.

UChicago also took the #2 spot in our Best Management Sciences & Methods Master’s Degree Schools in Illinois rankings.

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Best Value Management Sciences & Quantitative Methods Colleges in the Great Lakes Region

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

State Degrees Awarded
Michigan 817
Ohio 860
Indiana 867
Wisconsin 317

Management Sciences & Quantitative Methods is one of 21 different types of programs to choose from.

Majors Similar to Management Science

Related Major Annual Graduates
Business Administration & Management 416,590
Accounting 99,265
Finance & Financial Management 57,778
General Business/Commerce 56,042
Marketing 52,916

Notes and References

*These averages are for the top 16 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 в±®.

More about our data sources and methodologies.

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