2022 Best Value Master’s Degree Colleges for Business Administration & Management (Income Over $110k) in Illinois
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 Master’s in Illinois For Those Making Over $110k” ranking - to help you make that decision.
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. At the master’s degree level specifically, there were 5,610 business administration and management graduates with average earnings and debt of $57,267 and $46,814 respectively.
This year’s “Best Vallue Business Administration Schools for a Master’s in Illinois For Those Making Over $110k” ranking analyzed 36 colleges that offered 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.
To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the business administration and management program at the school. For more information, check out our ranking methodology.
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More Ways to Rank Business Administration & Management Schools
When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Vallue Business Administration Schools for a Master’s in Illinois For Those Making Over $110k” list to help you make the college decision.
In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.
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Best Vallue Business Administration Schools for a Master’s in Illinois For Those Making Over $110k
The colleges and universities below are the best for illinois master’s degree business administration students whose families make more than $110k.
Top 25 Best Value Master’s Degree Colleges for Business Administration & Management (Income Over $110k) in Illinois
You’ll join some of the best and brightest minds around if you attend University of Illinois at Urbana-Champaign. The school came in at #1 for the Best Vallue Business Administration Schools for a Master’s in Illinois For Those Making Over $110k. This large school is located in Champaign, Illinois, and it awarded 695 masters’s business administration degrees in 2019-2020.
UIUC did well in our major quality rankings, too. It placed #2 on our “Best Business Administration & Management Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at University of Illinois at Urbana-Champaign are $30,083, but some majors have different tuition rates.
Full University of Illinois at Urbana-Champaign Business Administration & Management Report
You’ll join some of the best and brightest minds around if you attend Northern Illinois University. The school came in at #2 for the Best Vallue Business Administration Schools for a Master’s in Illinois For Those Making Over $110k. NIU is a public institution located in Dekalb, Illinois. The school has a fairly large population, and it awarded 146 masters’s degrees in 2019-2020.
NIU not only placed well in this ranking. It is also #13 on our “Best Business Administration & Management Master’s Degree Schools in Illinois” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at NIU are $11,086.
Read full report on Business Administration & Management at NIU
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 Master’s in Illinois For Those Making Over $110k list. UIS is a public institution located in Springfield, Illinois. The school has a small population, and it awarded 35 masters’s degrees in 2019-2020.
Although you might pay more or less depending on your area of study, average graduate tuition and fees at UIS are $16,757.
Read more about Business Administration & Management at University of Illinois at Springfield
You’ll be in good company if you decide to attend University of Illinois at Chicago. It ranked #4 on our 2022 Best Vallue Business Administration Schools for a Master’s in Illinois For Those Making Over $110k list. UIC is a public institution located in Chicago, Illinois. The school has a large population, and it awarded 198 masters’s degrees in 2019-2020.
UIC not only placed well in this ranking. It is also #10 on our “Best Business Administration & Management Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at University of Illinois at Chicago are $27,036, but some majors have different tuition rates.
Read full report on Business Administration & Management at University of Illinois at Chicago
You’ll be in good company if you decide to attend University of St Francis. It ranked #5 on our 2022 Best Vallue Business Administration Schools for a Master’s in Illinois For Those Making Over $110k list. This small school is located in Joliet, Illinois, and it awarded 55 masters’s business administration degrees in 2019-2020.
In addition to being on our illinois master’s degree business administration students whose families make more than $110k list, University of Saint Francis has also earned the #21 rank in our “Best Business Administration & Management Master’s Degree Schools in Illinois” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of St Francis are $13,839.
Full University of Saint Francis Business Administration & Management Report
Judson University landed the #6 spot on the 2022 Best Vallue Business Administration Schools for a Master’s in Illinois For Those Making Over $110k ranking. Judson is a small school located in Elgin, Illinois that handed out 44 masters’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 Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at Judson University are $18,900, but you may pay more or less depending on your major.
Read more about Business Administration & Management at Judson
Aurora University ranked #7 on this year’s Best Vallue Business Administration Schools for a Master’s in Illinois For Those Making Over $110k list. Located in Aurora, Illinois, this medium-sized private not-for-profit school awarded 146 degrees to qualified masters’s business administration students in 2019-2020.
Aurora not only placed well in this ranking. It is also #15 on our “Best Business Administration & Management Master’s Degree Schools in Illinois” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Aurora University are $13,200.
Read full report on Business Administration & Management at Aurora University
With a ranking of #8, Southern Illinois University Edwardsville did quite well on the 2022 Best Vallue Business Administration Schools for a Master’s in Illinois For Those Making Over $110k list. SIUE is a fairly large public school situated in Edwardsville, Illinois. It awarded 80 masters’s business administration degrees in 2019-2020.
Although you might pay more or less depending on your area of study, average graduate tuition and fees at Southern Illinois University Edwardsville are $9,300.
Read more about Business Administration & Management at Southern Illinois University Edwardsville
Quincy University landed the #9 spot on the 2022 Best Vallue Business Administration Schools for a Master’s in Illinois For Those Making Over $110k ranking. Quincy University is a private not-for-profit institution located in Quincy, Illinois. The school has a small population, and it awarded 14 masters’s degrees in 2019-2020.
Average graduate tuition and fees at Quincy University are $12,000, but some majors have different tuition rates.
Read full report on Business Administration & Management at Quincy University
With a ranking of #10, Governors State University did quite well on the 2022 Best Vallue Business Administration Schools for a Master’s in Illinois For Those Making Over $110k list. Located in University Park, Illinois, this small public school awarded 23 degrees to qualified masters’s business administration students in 2019-2020.
Average graduate tuition and fees at Governors State University are $14,674, but some majors have different tuition rates.
Full Governors State University Business Administration & Management Report
Western Illinois University came in at #11 in this year’s edition of the Best Vallue Business Administration Schools for a Master’s in Illinois For Those Making Over $110k ranking. WIU is a medium-sized public school situated in Macomb, Illinois. It awarded 36 masters’s business administration degrees in 2019-2020.
WIU did well in our major quality rankings, too. It placed #23 on our “Best Business Administration & Management Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at Western Illinois University are $11,996, but you may pay more or less depending on your major.
Read full report on Business Administration & Management at WIU
Eastern Illinois University ranked #12 on this year’s Best Vallue Business Administration Schools for a Master’s in Illinois For Those Making Over $110k list. Eastern Illinois University is a public institution located in Charleston, Illinois. The school has a medium-sized population, and it awarded 36 masters’s degrees in 2019-2020.
Average graduate tuition and fees at Eastern Illinois University are $20,761, but some majors have different tuition rates.
Read more about Business Administration & Management at Eastern Illinois University
Saint Xavier University did quite well in the 2022 Best Vallue Business Administration Schools for a Master’s in Illinois For Those Making Over $110k ranking, coming in at #13. SXU is a small private not-for-profit school situated in Chicago, Illinois. It awarded 18 masters’s business administration degrees in 2019-2020.
Although you might pay more or less depending on your area of study, average graduate tuition and fees at SXU are $15,450.
Full Saint Xavier University Business Administration & Management Report
With a ranking of #14, North Park University did quite well on the 2022 Best Vallue Business Administration Schools for a Master’s in Illinois For Those Making Over $110k list. Located in Chicago, Illinois, this small private not-for-profit school awarded 80 diplomas to qualified masters’s business administration students in 2019-2020.
In addition to being on our illinois master’s degree business administration students whose families make more than $110k list, North Park has also earned the #22 rank in our “Best Business Administration & Management Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at North Park University are $14,076, but you may pay more or less depending on your major.
Read full report on Business Administration & Management at North Park
Northwestern University came in at #14 in this year’s edition of the Best Vallue Business Administration Schools for a Master’s in Illinois For Those Making Over $110k ranking. Northwestern is a large school located in Evanston, Illinois that handed out 325 masters’s business administration degrees in 2019-2020.
As a testament to the quality of education offered at Northwestern, the school also landed the #1 spot in our “Best Business Administration & Management Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Northwestern University are $56,567, but you may pay more or less depending on your major.
Read more about Business Administration & Management at Northwestern University
Lewis University ranked #16 on this year’s Best Vallue Business Administration Schools for a Master’s in Illinois For Those Making Over $110k list. Located in Romeoville, Illinois, this medium-sized private not-for-profit school awarded 160 degrees to qualified masters’s business administration students in 2019-2020.
Lewis also made our “Best Business Administration & Management Master’s Degree Schools in Illinois” list, coming in at #11. Average graduate tuition and fees at Lewis University are $14,780, but you may pay more or less depending on your major.
Read more about Business Administration & Management at Lewis University
Illinois State University did quite well in the 2022 Best Vallue Business Administration Schools for a Master’s in Illinois For Those Making Over $110k ranking, coming in at #17. Illinois State University is a large school located in Normal, Illinois that handed out 104 masters’s business administration degrees in 2019-2020.
Illinois State did well in our major quality rankings, too. It placed #9 on our “Best Business Administration & Management Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at Illinois State are $11,069, but some majors have different tuition rates.
Full Illinois State University Business Administration & Management Report
Concordia University, Chicago did quite well in the 2022 Best Vallue Business Administration Schools for a Master’s in Illinois For Those Making Over $110k ranking, coming in at #18. Concordia University, Chicago is a private not-for-profit institution located in River Forest, Illinois. The school has a medium-sized population, and it awarded 182 masters’s degrees in 2019-2020.
Concordia University, Chicago also took the #14 spot in our “Best Business Administration & Management Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Concordia University, Chicago are $9,378, but you may pay more or less depending on your major.
Read full report on Business Administration & Management at Concordia University, Chicago
Southern Illinois University Carbondale did quite well in the 2022 Best Vallue Business Administration Schools for a Master’s in Illinois For Those Making Over $110k ranking, coming in at #19. This fairly large school is located in Carbondale, Illinois, and it awarded 43 masters’s business administration degrees in 2019-2020.
Average graduate tuition and fees at SIUC are $32,928, but some majors have different tuition rates.
Read more about Business Administration & Management at SIUC
With a ranking of #20, Dominican University did quite well on the 2022 Best Vallue Business Administration Schools for a Master’s in Illinois For Those Making Over $110k list. Dominican U is located in River Forest, Illinois and, has a small student population. In 2019-2020, this school awarded 38 masters’s business administration degrees to qualified students.
Average graduate tuition and fees at Dominican U are $20,884, but some majors have different tuition rates.
Read more about Business Administration & Management at Dominican U
McKendree University ranked #21 on this year’s Best Vallue Business Administration Schools for a Master’s in Illinois For Those Making Over $110k list. McKendree University is a private not-for-profit institution located in Lebanon, Illinois. The school has a small population, and it awarded 61 masters’s degrees in 2019-2020.
Average graduate tuition and fees at McKendree are $9,324, but you may pay more or less depending on your major.
Read full report on Business Administration & Management at McKendree
Olivet Nazarene University did quite well in the 2022 Best Vallue Business Administration Schools for a Master’s in Illinois For Those Making Over $110k ranking, coming in at #22. Olivet Nazarene is a small private not-for-profit school situated in Bourbonnais, Illinois. It awarded 70 masters’s business administration degrees in 2019-2020.
Olivet Nazarene did well in our major quality rankings, too. It placed #24 on our “Best Business Administration & Management Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at Olivet Nazarene University are $13,393, but you may pay more or less depending on your major.
Read full report on Business Administration & Management at Olivet Nazarene University
National Louis University came in at #23 in this year’s edition of the Best Vallue Business Administration Schools for a Master’s in Illinois For Those Making Over $110k ranking. National Louis University is a medium-sized private not-for-profit school situated in Chicago, Illinois. It awarded 46 masters’s business administration degrees in 2019-2020.
Average graduate tuition and fees at NLU are $12,096, but some majors have different tuition rates.
Millikin University did quite well in the 2022 Best Vallue Business Administration Schools for a Master’s in Illinois For Those Making Over $110k ranking, coming in at #24. Located in Decatur, Illinois, this small private not-for-profit school handed out 26 degrees to qualified masters’s business administration students in 2019-2020.
As a testament to the quality of education offered at Millikin, the school also landed the #19 spot in our “Best Business Administration & Management Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Millikin are $23,733, but you may pay more or less depending on your major.
Full Millikin University Business Administration & Management Report
Elmhurst University did quite well in the 2022 Best Vallue Business Administration Schools for a Master’s in Illinois For Those Making Over $110k ranking, coming in at #25. Elmhurst University is a small school located in Elmhurst, Illinois that handed out 72 masters’s business administration degrees in 2019-2020.
Elmhurst also made our “Best Business Administration & Management Master’s Degree Schools in Illinois” list, coming in at #8. Average graduate tuition and fees at Elmhurst are $32,300, but some majors have different tuition rates.
Read more about Business Administration & Management at Elmhurst University
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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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