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2022 Best Value Colleges for Business Administration & Management (Income Over $110k) in Illinois

55 Ranked Colleges
12,211 Degrees Awarded
$16,900 Avg Net Price*
Best Vallue Business Administration Schools in Illinois For Those Making Over $110k

With all of the options students have for higher education today, it can be tough to choose which direction to take. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Vallue Business Administration Schools in Illinois For Those Making Over $110k” ranking is one tool we have developed to help in this regard.

With 404,734 degrees handed out in 2019-2020, business administration and management is the 2nd most popular major in the United States. 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.

For this year’s “Best Vallue Business Administration Schools in Illinois For Those Making Over $110k” ranking, we looked at 55 colleges that offer a degree in business administration and management. This ranking identifies schools with high-quality business administration and management programs that also have a lower cost than schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the business administration and management program at the school and the cost of the school after aid is awarded among other things. 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 in Illinois For Those Making Over $110k” list, to help you choose the best school for you.

One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

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Best Vallue Business Administration Schools in Illinois For Those Making Over $110k

The following schools top our list of the Best Best Vallue Business Administration Schools in Illinois For Those Making Over $110k.

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

#1

Waubonsee Community College

Sugar Grove, Illinois

You’ll join some of the best and brightest minds around if you attend Waubonsee Community College. The school came in at #1 for the Best Vallue Business Administration Schools in Illinois For Those Making Over $110k. Waubonsee is a public institution located in Sugar Grove, Illinois. The school has a medium-sized population, and it awarded 22 ’s degrees in 2019-2020.

As a testament to the quality of education offered at Waubonsee, the school also landed the #17 spot in our “Best Business Administration & Management Schools in Illinois” ranking. The yearly cost to attend Waubonsee Community College is $5,130 for Illinois Business Administration students whose families make more than $110k.

Read more about Business Administration & Management at Waubonsee Community College

#2

Elgin Community College

Elgin, Illinois

You’ll be in good company if you decide to attend Elgin Community College. It ranked #2 on our 2022 Best Vallue Business Administration Schools in Illinois For Those Making Over $110k list. ECC is located in Elgin, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 18 ’s business administration degrees to qualified students.

The estimated yearly cost for ECC is $4,185 for Illinois Business Administration students whose families make more than $110k.

Full ECC Business Administration & Management Report

#3

McHenry County College

Crystal Lake, Illinois

Out of the 55 schools in the Best Vallue Business Administration Schools in Illinois For Those Making Over $110k that were part of this year’s ranking, McHenry County College landed the #3 spot on the list. MCC is a medium-sized public school situated in Crystal Lake, Illinois. It awarded 105 ’s business administration degrees in 2019-2020.

The estimated yearly cost for MCC is $7,048 for illinois business administration students whose families make more than $110k.

Read full report on Business Administration & Management at McHenry County College

#4

William Rainey Harper College

Palatine, Illinois

Out of the 55 schools in the Best Vallue Business Administration Schools in Illinois For Those Making Over $110k that were part of this year’s ranking, William Rainey Harper College landed the #4 spot on the list. Located in Palatine, Illinois, this fairly large public school awarded 124 degrees to qualified ’s business administration students in 2019-2020.

The yearly cost to attend William Rainey Harper College is $7,532 for Illinois Business Administration students whose families make more than $110k.

Read full report on Business Administration & Management at Harper College

#5

College of Lake County

Grayslake, Illinois

Out of the 55 schools in the Best Vallue Business Administration Schools in Illinois For Those Making Over $110k that were part of this year’s ranking, College of Lake County landed the #5 spot on the list. This fairly large school is located in Grayslake, Illinois, and it awarded 27 ’s business administration degrees in 2019-2020.

It costs about $4,735 for Illinois Business Administration students whose families make more than $110k per year to attend College of Lake County.

Read full report on Business Administration & Management at College of Lake County

Lewis and Clark Community College ranked #6 on this year’s Best Vallue Business Administration Schools in Illinois For Those Making Over $110k list. Godfrey, Illinois is the setting for this small institution of higher learning. The public school handed out ’s business administration degrees to 28 students in 2019-2020.

The yearly cost to attend Lewis and Clark Community College is $5,464 for illinois business administration students whose families make more than $110k.

Full Lewis and Clark Community College Business Administration & Management Report

#7

Moraine Valley Community College

Palos Hills, Illinois

Moraine Valley Community College landed the #7 spot on the 2022 Best Vallue Business Administration Schools in Illinois For Those Making Over $110k ranking. MVCC is a public institution located in Palos Hills, Illinois. The school has a fairly large population, and it awarded 32 ’s degrees in 2019-2020.

It costs about $2,422 for Illinois Business Administration students whose families make more than $110k per year to attend MVCC.

Read more about Business Administration & Management at Moraine Valley Community College

University of Illinois at Urbana-Champaign came in at #8 in this year’s edition of the Best Vallue Business Administration Schools in Illinois For Those Making Over $110k ranking. UIUC is a large public school situated in Champaign, Illinois. It awarded 838 ’s business administration degrees in 2019-2020.

UIUC also made our “Best Business Administration & Management Schools in Illinois” list, coming in at #3. The estimated yearly cost for University of Illinois at Urbana-Champaign is $15,880 for illinois business administration students whose families make more than $110k.

With a freshman retention rate of 94%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 2.4%, which is much lower than the national rate of 10.1%.

Read full report on Business Administration & Management at UIUC

#9

Northern Illinois University

Dekalb, Illinois

Northern Illinois University ranked #9 on this year’s Best Vallue Business Administration Schools in Illinois For Those Making Over $110k list. NIU is a fairly large public school situated in Dekalb, Illinois. It awarded 320 ’s business administration degrees in 2019-2020.

As a testament to the quality of education offered at NIU, the school also landed the #12 spot in our “Best Business Administration & Management Schools in Illinois” ranking. The yearly cost to attend NIU is $18,259 for Illinois Business Administration students whose families make more than $110k.

Full Northern Illinois University Business Administration & Management Report

#10

Kankakee Community College

Kankakee, Illinois

With a ranking of #10, Kankakee Community College did quite well on the 2022 Best Vallue Business Administration Schools in Illinois For Those Making Over $110k list. Kankakee Community College is a public institution located in Kankakee, Illinois. The school has a small population, and it awarded 29 ’s degrees in 2019-2020.

It costs about $6,436 for illinois business administration students whose families make more than $110k per year to attend Kankakee Community College.

Full Kankakee Community College Business Administration & Management Report

#11

University of Illinois at Springfield

Springfield, Illinois

With a ranking of #11, University of Illinois at Springfield did quite well on the 2022 Best Vallue Business Administration Schools in Illinois For Those Making Over $110k list. This small school is located in Springfield, Illinois, and it awarded 157 ’s business administration degrees in 2019-2020.

UIS also made our “Best Business Administration & Management Schools in Illinois” list, coming in at #22. The yearly cost to attend University of Illinois at Springfield is $12,477 for Illinois Business Administration students whose families make more than $110k.

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

#12

Rasmussen University - Illinois

Rockford, Illinois

Rasmussen University - Illinois ranked #12 on this year’s Best Vallue Business Administration Schools in Illinois For Those Making Over $110k list. This small school is located in Rockford, Illinois, and it awarded 28 ’s business administration degrees in 2019-2020.

Rasmussen University - Illinois also made our “Best Business Administration & Management Schools in Illinois” list, coming in at #24. The estimated yearly cost for Rasmussen University - Illinois is $18,744 for Illinois Business Administration students whose families make more than $110k.

Read more about Business Administration & Management at Rasmussen University - Illinois

#13

Parkland College

Champaign, Illinois

Parkland College landed the #13 spot on the 2022 Best Vallue Business Administration Schools in Illinois For Those Making Over $110k ranking. This medium-sized school is located in Champaign, Illinois, and it awarded 17 ’s business administration degrees in 2019-2020.

The yearly cost to attend Parkland College is $8,993 for Illinois Business Administration students whose families make more than $110k.

Full Parkland College Business Administration & Management Report

Southern Illinois University Edwardsville came in at #14 in this year’s edition of the Best Vallue Business Administration Schools in Illinois For Those Making Over $110k ranking. SIUE is a fairly large school located in Edwardsville, Illinois that handed out 324 ’s business administration degrees in 2019-2020.

SIUE also made our “Best Business Administration & Management Schools in Illinois” list, coming in at #20. The yearly cost to attend SIUE is $14,423 for illinois business administration students whose families make more than $110k.

Read full report on Business Administration & Management at SIUE

#15

Aurora University

Aurora, Illinois

Aurora University landed the #15 spot on the 2022 Best Vallue Business Administration Schools in Illinois For Those Making Over $110k ranking. Aurora, Illinois is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out ’s business administration degrees to 274 students in 2019-2020.

Aurora not only placed well in this ranking. It is also #15 on our “Best Business Administration & Management Schools in Illinois” list. It costs about $17,215 for illinois business administration students whose families make more than $110k per year to attend Aurora.

The low student loan default rate of 4.4% 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 more about Business Administration & Management at Aurora University

#16

University of St Francis

Joliet, Illinois

With a ranking of #16, University of St Francis did quite well on the 2022 Best Vallue Business Administration Schools in Illinois For Those Making Over $110k list. Located in Joliet, Illinois, this small private not-for-profit school handed out 58 diplomas to qualified ’s business administration students in 2019-2020.

University of Saint Francis also took the #21 spot in our “Best Business Administration & Management Schools in Illinois” ranking. The estimated yearly cost for University of St Francis is $17,538 for illinois business administration students whose families make more than $110k.

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

#17

Judson University

Elgin, Illinois

Judson University ranked #17 on this year’s Best Vallue Business Administration Schools in Illinois For Those Making Over $110k list. Judson is a small school located in Elgin, Illinois that handed out 99 ’s business administration degrees in 2019-2020.

Judson did well in our major quality rankings, too. It placed #18 on our “Best Business Administration & Management Schools in Illinois” list. The estimated yearly cost for Judson University is $18,737 for Illinois 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.

Read more about Business Administration & Management at Judson University

University of Illinois at Chicago did quite well in the 2022 Best Vallue Business Administration Schools in Illinois For Those Making Over $110k ranking, coming in at #18. UIC is located in Chicago, Illinois and, has a large student population. In 2019-2020, this school awarded 259 ’s business administration degrees to qualified students.

UIC also took the #11 spot in our “Best Business Administration & Management Schools in Illinois” ranking. The estimated yearly cost for University of Illinois at Chicago is $13,312 for illinois business administration students whose families make more than $110k.

The student loan default rate at the school is 3.4%, which is quite low when compared to the national default rate of 10.1%.

Full University of Illinois at Chicago Business Administration & Management Report

#19

Lake Land College

Mattoon, Illinois

Lake Land College landed the #19 spot on the 2022 Best Vallue Business Administration Schools in Illinois For Those Making Over $110k ranking. Lake Land College is a public institution located in Mattoon, Illinois. The school has a small population, and it awarded 21 ’s degrees in 2019-2020.

It costs about $4,468 for illinois business administration students whose families make more than $110k per year to attend Lake Land College.

Read more about Business Administration & Management at Lake Land College

#20

Monmouth College

Monmouth, Illinois

With a ranking of #20, Monmouth College did quite well on the 2022 Best Vallue Business Administration Schools in Illinois For Those Making Over $110k list. This small school is located in Monmouth, Illinois, and it awarded 43 ’s business administration degrees in 2019-2020.

Monmouth also took the #19 spot in our “Best Business Administration & Management Schools in Illinois” ranking. The yearly cost to attend Monmouth College is $17,061 for illinois business administration students whose families make more than $110k.

The student loan default rate at the school is 4.5%, which is quite low when compared to the national default rate of 10.1%. With a student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.

Read more about Business Administration & Management at Monmouth

#21

Governors State University

University Park, Illinois

Governors State University ranked #21 on this year’s Best Vallue Business Administration Schools in Illinois For Those Making Over $110k list. Governors State University is located in University Park, Illinois and, has a small student population. In 2019-2020, this school awarded 132 ’s business administration degrees to qualified students.

It costs about $12,077 for Illinois Business Administration students whose families make more than $110k per year to attend Governors State University.

Read full report on Business Administration & Management at GSU

#22

Western Illinois University

Macomb, Illinois

Western Illinois University ranked #22 on this year’s Best Vallue Business Administration Schools in Illinois For Those Making Over $110k list. Located in Macomb, Illinois, this medium-sized public school handed out 121 degrees to qualified ’s business administration students in 2019-2020.

The yearly cost to attend Western Illinois University is $16,210 for illinois business administration students whose families make more than $110k.

Read full report on Business Administration & Management at WIU

#23

North Park University

Chicago, Illinois

With a ranking of #23, North Park University did quite well on the 2022 Best Vallue Business Administration Schools in Illinois For Those Making Over $110k list. This small school is located in Chicago, Illinois, and it awarded 194 ’s business administration degrees in 2019-2020.

The yearly cost to attend North Park University is $19,170 for Illinois 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 full report on Business Administration & Management at North Park University

#24

Eastern Illinois University

Charleston, Illinois

With a ranking of #24, Eastern Illinois University did quite well on the 2022 Best Vallue Business Administration Schools in Illinois For Those Making Over $110k list. EIU is a medium-sized public school situated in Charleston, Illinois. It awarded 49 ’s business administration degrees in 2019-2020.

The yearly cost to attend Eastern Illinois University is $14,607 for illinois business administration students whose families make more than $110k.

Read more about Business Administration & Management at EIU

#25

Quincy University

Quincy, Illinois

Quincy University did quite well in the 2022 Best Vallue Business Administration Schools in Illinois For Those Making Over $110k ranking, coming in at #25. Quincy, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out ’s business administration degrees to 19 students in 2019-2020.

It costs about $17,497 for illinois business administration students whose families make more than $110k per year to attend Quincy U.

Read full report on Business Administration & Management at Quincy U

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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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