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Best Value Business, Management & Marketing Master's Degree Schools in Illinois

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2023 Best Value Business, Management & Marketing Master's Degree Schools in Illinois

Identifying Quality Schools at More Affordable Prices

34 Colleges
$12,962 Avg Tuition & Fees*
$66,712 Avg Salary

Finding the Best Business, Management & Marketing Master's Degree School for You

Out of the majors we analyze each year, business, management and marketing was ranked 2nd in Illinois. In fact, 29,314 were awarded in the state in 2020-2021.

With all the programs available today, it can be tough to choose which one is the best 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 help you arm yourself with the information you need to make your decision, Course Advisor has developed this Best Value Business, Management & Marketing Master's Degree Schools in Illinois ranking. This report analyzed 34 schools in Illinois to see which ones offered the best value master's degree programs for business, management and marketing students. The goal was to highlight schools with more affordable prices than others offering similar quality experiences.

Our ranking of value is based on the quality of a program as defined in our per sticker price dollar. 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.

In our regional and nationwide rankings, out-of-state tution and fees are used in our calculations. Average in-state tuition and fees are used for our statewide rankings.

2023 Best Value Business, Management & Marketing Master’s Degree Schools in Illinois

The colleges and universities below are the best value schools for business, management and marketing majors pursuing a master's degree.

Top 10 Best Business, Management & Marketing Master's Degree Schools

Our 2023 rankings named Rasmussen University - Illinois the best value school in Illinois for business, management and marketing students working on their master’s degree. Rasmussen University - Illinois is a small private for-profit school located in the midsize city of Rockford.

The average tuition and fees for an in-state graduate student at Rasmussen University - Illinois are $5,615 a year.

Read full report on Business, Management & Marketing at Rasmussen University - Illinois

You’ll be in good company if you decide to attend Illinois State University. It ranked #2 on our 2023 Best Value Business, Management & Marketing Master’s Degree Schools in Illinois list. Illinois State is a fairly large public school located in the suburb of Normal.

Illinois State graduate students pay an average of $9,773 in in-state tuition and fees each year.

Illinois State also made our Best Business, Management & Marketing Master’s Degree Schools in Illinois list, coming in at #5.

Read full report on Business, Management & Marketing at Illinois State University

The excellent master’s degree programs at Southern Illinois University Edwardsville helped the school earn the #3 place on this year’s ranking of the best value business, management and marketing schools in Illinois. SIUE is a large public school located in the suburb of Edwardsville.

SIUE graduate students pay an average of $9,316 in in-state tuition and fees each year.

Full Business, Management & Marketing at Southern Illinois University Edwardsville Report

A rank of #4 on this year’s list means Northern Illinois University is a great value for business, management and marketing students working on their master’s degree. NIU is a large public school located in the small suburb of Dekalb.

In-state tuition fees for graduate students at NIU are $11,390 per year.

Full Business, Management & Marketing at Northern Illinois University Report

A rank of #5 on this year’s list means University of Illinois at Urbana-Champaign is a great value for business, management and marketing students working on their master’s degree. Located in the small city of Champaign, UIUC is a public college with a fairly large student population.

In-state tuition fees for graduate students at UIUC are $17,823 per year.

UIUC also made our Best Business, Management & Marketing Master’s Degree Schools in Illinois list, coming in at #3.

Read More…

University of Illinois at Springfield ranked #6 on this year’s Best Value Business, Management & Marketing Master’s Degree Schools in Illinois list. UIS is a small public school located in the medium-sized city of Springfield.

The average tuition and fees for an in-state graduate student at UIS are $11,111 a year.

Full Business, Management & Marketing at University of Illinois at Springfield Report

#7

Governors State University

University Park, IL

Governors State University did quite well in this year’s ranking of the best places for business, management and marketing students to get a master’s degree. It came in at #7 on the list. Located in the rural area of University Park, GSU is a public college with a small student population.

The average tuition and fees for an in-state graduate student at GSU are $8,320 a year.

Full Business, Management & Marketing at Governors State University Report

#8

Concordia University, Chicago

River Forest, IL

Concordia University, Chicago landed the #8 spot in the 2023 rankings for the best value master’s degree business, management and marketing programs. Concordia University, Chicago is a medium-sized private not-for-profit school located in the large suburb of River Forest.

In-state tuition fees for graduate students at Concordia University, Chicago are $9,378 per year.

Full Business, Management & Marketing at Concordia University, Chicago Report

With a ranking of #9, Northeastern Illinois University did quite well on this year’s best value schools for business, management and marketing students working on their master’s degree. Northeastern Illinois University is a medium-sized public school located in the city of Chicago.

Northeastern Illinois University graduate students pay an average of $9,428 in in-state tuition and fees each year.

Read full report on Business, Management & Marketing at Northeastern Illinois University

#10

Bradley University

Peoria, IL

Bradley University came in at #10 in this year’s edition of the Best Value Business, Management & Marketing Master’s Degree Schools in Illinois ranking. Located in the midsize city of Peoria, Bradley is a private not-for-profit school with a medium-sized student population.

The average tuition and fees for an in-state graduate student at Bradley are $17,400 a year.

Read full report on Business, Management & Marketing at Bradley University

Best Value Business, Management & Marketing Colleges in the Great Lakes Region

Explore all the Best Value Business, Management & Marketing Colleges in the Great Lakes Area or other specific states within that region.

State Degrees Awarded
Indiana 18,882
Michigan 20,858
Ohio 25,288
Wisconsin 13,275

Business, Management & Marketing Majors to Study

Major Annual Graduates
Business Administration & Management 416,590
Accounting 99,265
Finance & Financial Management 57,778
General Business/Commerce 56,042
Marketing 52,916
Management Sciences & Quantitative Methods 43,382
Human Resource Management 28,787
Business Support & Assistant Services 19,119
Hospitality Management 17,689
Management Information Systems 13,680
Entrepreneurial Studies 11,319
International Business 9,101
Real Estate 6,547
General Sales & Marketing 5,923
Business/Managerial Economics 5,667
Specialized Sales, Merchandising & Marketing 5,191
Other Business, Management & Marketing 4,822
Construction Management 3,846
Insurance 1,809
Taxation 1,547
Business/Corporate Communications 1,029
Telecommunications Management 55

Notes and References

*These averages are for the top 25 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 Amit Savargaonkar.

More about our data sources and methodologies.

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