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2022 Best Vallue Business Administration Schools for a Bachelor’s in Illinois For Those Making Over $110k

40 Ranked Colleges
4,577 Degrees Awarded
$22,900 Avg Net Price*
Best Vallue Business Administration Schools for a Bachelor's in Illinois For Those Making Over $110k

When pursuing a degree in today’s world, students have many different options to choose from. One of our goals at College Factual is to give you as much information as we can - such as our “Best Vallue Business Administration Schools for a Bachelor’s in Illinois For Those Making Over $110k” ranking - to help you make that decision.

In 2019-2020, 404,734 business administration and management students received their degree, making the major the 2nd most popular in the country. In 2017-2018, business administration and management graduates who were awarded their degree in 2015-2017, earned an average of $46,740 and had an average of $29,113 in loans still to pay off.

Across Illinois, there were 12,211 business administration and management graduates with average earnings and debt of $53,855 and $33,288 respectively. At the bachelor’s degree level specifically, there were 4,577 business administration and management graduates with average earnings and debt of $38,319 and $24,183 respectively.

This year’s “Best Vallue Business Administration Schools for a Bachelor’s in Illinois For Those Making Over $110k” ranking analyzed 40 colleges that offered a degree in business administration and management. The schools that top this list are recognized because they have great business administration and management programs and cost less that schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the business administration and management program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.

More Ways to Rank Business Administration & Management Schools

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Vallue Business Administration Schools for a Bachelor’s in Illinois For Those Making Over $110k” list, to help you choose the best school for you.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

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Best Vallue Business Administration Schools for a Bachelor’s in Illinois For Those Making Over $110k

The colleges and universities below are the best for illinois bachelor’s degree business administration students whose families make more than $110k.

Top 25 Best Value Bachelor’s Degree Colleges for Business Administration & Management (Income Over $110k) in Illinois

You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #1 on our 2022 Best Vallue Business Administration Schools for a Bachelor’s in Illinois For Those Making Over $110k list. UIUC is a public institution located in Champaign, Illinois. The school has a large population, and it awarded 135 bachelors’s degrees in 2019-2020.

UIUC not only placed well in this ranking. It is also #1 on our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend University of Illinois at Urbana-Champaign is $15,880 for illinois bachelor’s degree business administration students whose families make more than $110k.

Students who start out at the school are likely to stick around. The freshman retention rate is 94%. The student loan default rate at the school is 2.4%, which is quite low when compared to the national default rate of 10.1%.

Full University of Illinois at Urbana-Champaign Business Administration & Management Report

#2

Northern Illinois University

Dekalb, Illinois

Out of the 40 schools in the Best Vallue Business Administration Schools for a Bachelor’s in Illinois For Those Making Over $110k that were part of this year’s ranking, Northern Illinois University landed the #2 spot on the list. Northern Illinois University is a public institution located in Dekalb, Illinois. The school has a fairly large population, and it awarded 174 bachelors’s degrees in 2019-2020.

NIU also made our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” list, coming in at #9. The estimated yearly cost for NIU is $18,259 for illinois bachelor’s degree business administration students whose families make more than $110k.

Full NIU Business Administration & Management Report

You’ll be in good company if you decide to attend University of Illinois at Springfield. It ranked #3 on our 2022 Best Vallue Business Administration Schools for a Bachelor’s in Illinois For Those Making Over $110k list. University of Illinois at Springfield is located in Springfield, Illinois and, has a small student population. In 2019-2020, this school awarded 122 bachelors’s business administration degrees to qualified students.

UIS not only placed well in this ranking. It is also #15 on our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” list. It costs about $12,477 for Illinois Bachelor’s Degree Business Administration students whose families make more than $110k per year to attend University of Illinois at Springfield.

Read more about Business Administration & Management at University of Illinois at Springfield

Out of the 40 schools in the Best Vallue Business Administration Schools for a Bachelor’s in Illinois For Those Making Over $110k that were part of this year’s ranking, Southern Illinois University Edwardsville landed the #4 spot on the list. This fairly large school is located in Edwardsville, Illinois, and it awarded 244 bachelors’s business administration degrees in 2019-2020.

SIUE not only placed well in this ranking. It is also #14 on our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” list. It costs about $14,423 for Illinois Bachelor’s Degree Business Administration students whose families make more than $110k per year to attend Southern Illinois University Edwardsville.

Read more about Business Administration & Management at SIUE

#5

Aurora University

Aurora, Illinois

Out of the 40 schools in the Best Vallue Business Administration Schools for a Bachelor’s in Illinois For Those Making Over $110k that were part of this year’s ranking, Aurora University landed the #5 spot on the list. Aurora is a medium-sized private not-for-profit school situated in Aurora, Illinois. It awarded 128 bachelors’s business administration degrees in 2019-2020.

In addition to being on our illinois bachelor’s degree business administration students whose families make more than $110k list, Aurora has also earned the #10 rank in our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” ranking. It costs about $17,215 for illinois bachelor’s degree business administration students whose families make more than $110k per year to attend Aurora.

The school has an impressive student loan default rate. It’s only 4.4%, which is much lower than the national rate of 10.1%.

Read full report on Business Administration & Management at Aurora University

#6

Judson University

Elgin, Illinois

Judson University ranked #6 on this year’s Best Vallue Business Administration Schools for a Bachelor’s in Illinois For Those Making Over $110k list. Judson University is located in Elgin, Illinois and, has a small student population. In 2019-2020, this school awarded 55 bachelors’s business administration degrees to qualified students.

In addition to being on our illinois bachelor’s degree business administration students whose families make more than $110k list, Judson has also earned the #13 rank in our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” ranking. The estimated yearly cost for Judson is $18,737 for Illinois Bachelor’s Degree Business Administration students whose families make more than $110k.

The student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.

Read more about Business Administration & Management at Judson

#7

Governors State University

University Park, Illinois

Governors State University came in at #7 in this year’s edition of the Best Vallue Business Administration Schools for a Bachelor’s in Illinois For Those Making Over $110k ranking. GSU is a public institution located in University Park, Illinois. The school has a small population, and it awarded 100 bachelors’s degrees in 2019-2020.

It costs about $12,077 for Illinois Bachelor’s Degree Business Administration students whose families make more than $110k per year to attend GSU.

Full GSU Business Administration & Management Report

#8

Monmouth College

Monmouth, Illinois

Monmouth College came in at #8 in this year’s edition of the Best Vallue Business Administration Schools for a Bachelor’s in Illinois For Those Making Over $110k ranking. Monmouth, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s business administration degrees to 43 students in 2019-2020.

As a testament to the quality of education offered at Monmouth, the school also landed the #18 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” ranking. It costs about $17,061 for Illinois Bachelor’s Degree Business Administration students whose families make more than $110k per year to attend Monmouth.

Since the school has a student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors. The low student loan default rate of 4.5% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Read full report on Business Administration & Management at Monmouth College

#9

North Park University

Chicago, Illinois

North Park University came in at #9 in this year’s edition of the Best Vallue Business Administration Schools for a Bachelor’s in Illinois For Those Making Over $110k ranking. North Park is located in Chicago, Illinois and, has a small student population. In 2019-2020, this school awarded 114 bachelors’s business administration degrees to qualified students.

North Park also took the #17 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend North Park University is $19,170 for Illinois Bachelor’s Degree Business Administration students whose families make more than $110k.

The impressive student-to-faculty ratio of 10 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.

Full North Park University Business Administration & Management Report

#10

Western Illinois University

Macomb, Illinois

Western Illinois University ranked #10 on this year’s Best Vallue Business Administration Schools for a Bachelor’s in Illinois For Those Making Over $110k list. WIU is a medium-sized public school situated in Macomb, Illinois. It awarded 80 bachelors’s business administration degrees in 2019-2020.

WIU not only placed well in this ranking. It is also #22 on our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” list. The yearly cost to attend WIU is $16,210 for Illinois Bachelor’s Degree Business Administration students whose families make more than $110k.

Read full report on Business Administration & Management at WIU

#11

University of St Francis

Joliet, Illinois
#24 in overall quality

University of St Francis landed the #11 spot on the 2022 Best Vallue Business Administration Schools for a Bachelor’s in Illinois For Those Making Over $110k ranking. University of Saint Francis is located in Joliet, Illinois and, has a small student population. In 2019-2020, this school awarded 3 bachelors’s business administration degrees to qualified students.

University of Saint Francis also made our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” list, coming in at #24. It costs about $17,538 for Illinois Bachelor’s Degree Business Administration students whose families make more than $110k per year to attend University of St Francis.

The school has an impressive student loan default rate. It’s only 3.3%, which is much lower than the national rate of 10.1%.

Read full report on Business Administration & Management at University of St Francis

#12 in overall quality

University of Illinois at Chicago did quite well in the 2022 Best Vallue Business Administration Schools for a Bachelor’s in Illinois For Those Making Over $110k ranking, coming in at #12. Located in Chicago, Illinois, this large public school handed out 56 degrees to qualified bachelors’s business administration students in 2019-2020.

In addition to being on our illinois bachelor’s degree business administration students whose families make more than $110k list, UIC has also earned the #12 rank in our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend University of Illinois at Chicago is $13,312 for illinois bachelor’s degree business administration students whose families make more than $110k.

The low student loan default rate of 3.4% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Read full report on Business Administration & Management at University of Illinois at Chicago

#13

Dominican University

River Forest, Illinois

Dominican University came in at #13 in this year’s edition of the Best Vallue Business Administration Schools for a Bachelor’s in Illinois For Those Making Over $110k ranking. Dominican University is a small private not-for-profit school situated in River Forest, Illinois. It awarded 69 bachelors’s business administration degrees in 2019-2020.

As a testament to the quality of education offered at Dominican U, the school also landed the #16 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” ranking. The yearly cost to attend Dominican U is $19,268 for illinois bachelor’s degree business administration students whose families make more than $110k.

With a student-to-faculty ratio of 10 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.

Full Dominican University Business Administration & Management Report

#14

Eastern Illinois University

Charleston, Illinois

Eastern Illinois University came in at #14 in this year’s edition of the Best Vallue Business Administration Schools for a Bachelor’s in Illinois For Those Making Over $110k ranking. This medium-sized school is located in Charleston, Illinois, and it awarded 13 bachelors’s business administration degrees in 2019-2020.

The estimated yearly cost for EIU is $14,607 for illinois bachelor’s degree business administration students whose families make more than $110k.

Full EIU Business Administration & Management Report

#15

Lewis University

Romeoville, Illinois

With a ranking of #15, Lewis University did quite well on the 2022 Best Vallue Business Administration Schools for a Bachelor’s in Illinois For Those Making Over $110k list. Lewis is a medium-sized school located in Romeoville, Illinois that handed out 90 bachelors’s business administration degrees in 2019-2020.

Lewis did well in our major quality rankings, too. It placed #11 on our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for Lewis University is $18,664 for Illinois Bachelor’s Degree Business Administration students whose families make more than $110k.

The student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%.

Read more about Business Administration & Management at Lewis University

#16

Augustana College

Rock Island, Illinois

Augustana College ranked #16 on this year’s Best Vallue Business Administration Schools for a Bachelor’s in Illinois For Those Making Over $110k list. Augustana College is a small private not-for-profit school situated in Rock Island, Illinois. It awarded 52 bachelors’s business administration degrees in 2019-2020.

Augustana also made our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” list, coming in at #2. The estimated yearly cost for Augustana College is $23,874 for Illinois Bachelor’s Degree Business Administration students whose families make more than $110k.

The low student loan default rate of 3.4% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 85%.

Read full report on Business Administration & Management at Augustana College

#17

Illinois College

Jacksonville, Illinois
#21 in overall quality

Illinois College landed the #17 spot on the 2022 Best Vallue Business Administration Schools for a Bachelor’s in Illinois For Those Making Over $110k ranking. This small school is located in Jacksonville, Illinois, and it awarded 51 bachelors’s business administration degrees in 2019-2020.

Illinois College also took the #21 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” ranking. It costs about $16,562 for Illinois Bachelor’s Degree Business Administration students whose families make more than $110k per year to attend Illinois College.

Read full report on Business Administration & Management at Illinois College

#18

Quincy University

Quincy, Illinois

Quincy University ranked #18 on this year’s Best Vallue Business Administration Schools for a Bachelor’s in Illinois For Those Making Over $110k list. Quincy University is a small school located in Quincy, Illinois that handed out 5 bachelors’s business administration degrees in 2019-2020.

The yearly cost to attend Quincy University is $17,497 for illinois bachelor’s degree business administration students whose families make more than $110k.

Full Quincy University Business Administration & Management Report

#19

Illinois State University

Normal, Illinois

With a ranking of #19, Illinois State University did quite well on the 2022 Best Vallue Business Administration Schools for a Bachelor’s in Illinois For Those Making Over $110k list. Illinois State is located in Normal, Illinois and, has a large student population. In 2019-2020, this school awarded 144 bachelors’s business administration degrees to qualified students.

As a testament to the quality of education offered at Illinois State, the school also landed the #6 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” ranking. It costs about $20,895 for Illinois Bachelor’s Degree Business Administration students whose families make more than $110k per year to attend Illinois State University.

The student loan default rate at the school is 4.4%, which is quite low when compared to the national default rate of 10.1%.

Full Illinois State University Business Administration & Management Report

#20

National Louis University

Chicago, Illinois

National Louis University came in at #20 in this year’s edition of the Best Vallue Business Administration Schools for a Bachelor’s in Illinois For Those Making Over $110k ranking. NLU is a medium-sized school located in Chicago, Illinois that handed out 36 bachelors’s business administration degrees in 2019-2020.

The estimated yearly cost for National Louis University is $14,957 for illinois bachelor’s degree business administration students whose families make more than $110k.

Read more about Business Administration & Management at National Louis University

#21

McKendree University

Lebanon, Illinois

McKendree University landed the #21 spot on the 2022 Best Vallue Business Administration Schools for a Bachelor’s in Illinois For Those Making Over $110k ranking. This small school is located in Lebanon, Illinois, and it awarded 50 bachelors’s business administration degrees in 2019-2020.

McKendree not only placed well in this ranking. It is also #25 on our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” list. The estimated yearly cost for McKendree University is $19,844 for Illinois Bachelor’s Degree Business Administration students whose families make more than $110k.

Read full report on Business Administration & Management at McKendree University

Southern Illinois University Carbondale did quite well in the 2022 Best Vallue Business Administration Schools for a Bachelor’s in Illinois For Those Making Over $110k ranking, coming in at #22. SIUC is a fairly large public school situated in Carbondale, Illinois. It awarded 29 bachelors’s business administration degrees in 2019-2020.

It costs about $16,945 for illinois bachelor’s degree business administration students whose families make more than $110k per year to attend SIUC.

Full SIUC Business Administration & Management Report

#23

Olivet Nazarene University

Bourbonnais, Illinois

Olivet Nazarene University ranked #23 on this year’s Best Vallue Business Administration Schools for a Bachelor’s in Illinois For Those Making Over $110k list. Located in Bourbonnais, Illinois, this small private not-for-profit school handed out 59 degrees to qualified bachelors’s business administration students in 2019-2020.

The yearly cost to attend Olivet Nazarene is $20,195 for illinois bachelor’s degree business administration students whose families make more than $110k.

The low student loan default rate of 3.4% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Full Olivet Nazarene University Business Administration & Management Report

#24

Elmhurst University

Elmhurst, Illinois

Elmhurst University landed the #24 spot on the 2022 Best Vallue Business Administration Schools for a Bachelor’s in Illinois For Those Making Over $110k ranking. Elmhurst is a private not-for-profit institution located in Elmhurst, Illinois. The school has a small population, and it awarded 92 bachelors’s degrees in 2019-2020.

Elmhurst did well in our major quality rankings, too. It placed #7 on our “Best Business Administration & Management Bachelor’s Degree Schools in Illinois” list. It costs about $21,485 for illinois bachelor’s degree business administration students whose families make more than $110k per year to attend Elmhurst University.

The low student loan default rate of 3.0% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.

Read more about Business Administration & Management at Elmhurst University

#25

Concordia University, Chicago

River Forest, Illinois

Concordia University, Chicago ranked #25 on this year’s Best Vallue Business Administration Schools for a Bachelor’s in Illinois For Those Making Over $110k list. Concordia University, Chicago is a medium-sized school located in River Forest, Illinois that handed out 37 bachelors’s business administration degrees in 2019-2020.

The yearly cost to attend Concordia University, Chicago is $16,512 for illinois bachelor’s degree business administration students whose families make more than $110k.

Read full report on Business Administration & Management at Concordia University, Chicago

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Notes and References

References

  • 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 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).
  • Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.

Read more about our data sources and methodologies

Footnotes

  • *Average salary, average net price, and average tuition and fees are for the top schools only.
  • Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.

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