2022 Best Value Colleges for Business Administration & Management in Illinois (With Aid)
With all of the options students have for higher education today, it can be tough to choose which direction to take. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Business Administration Schools in Illinois For Those Getting Aid” ranking - to help you make that decision.
Business Administration & Management is one of the most popular majors in the nation, ranking 2nd of all the majors we analyze. In 2019-2020, 404,734 degrees were awarded to students with this major. 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.
This year’s “Best Value Business Administration Schools in Illinois For Those Getting Aid” ranking looked at 61 colleges that offer degrees in a bachelor’s 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. Check out our ranking methodology for more information.
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The business administration school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Business Administration Schools in Illinois For Those Getting Aid”.
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. 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.
Best Value Business Administration Schools in Illinois For Those Getting Aid
The following schools top our list of the Best Best Value Business Administration Schools in Illinois For Those Getting Aid.
Top 25 Best Value Colleges for Business Administration & Management in Illinois (With Aid)
You’ll be in good company if you decide to attend Waubonsee Community College. It ranked #1 on our 2022 Best Value Business Administration Schools in Illinois For Those Getting Aid list. Waubonsee Community College is located in Sugar Grove, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 22 ’s business administration degrees to qualified students.
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 with aid.
Read full report on Business Administration & Management at Waubonsee
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 #2 for the Best Value Business Administration Schools in Illinois For Those Getting Aid. Located in Champaign, Illinois, this large public school handed out 838 degrees to qualified ’s business administration students in 2019-2020.
UIUC did well in our major quality rankings, too. It placed #3 on our “Best Business Administration & Management Schools in Illinois” list. The yearly cost to attend UIUC is $15,880 for Illinois Business Administration students with aid.
The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year. 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%.
You’ll be in good company if you decide to attend Elgin Community College. It ranked #3 on our 2022 Best Value Business Administration Schools in Illinois For Those Getting Aid list. ECC is a medium-sized public school situated in Elgin, Illinois. It awarded 18 ’s business administration degrees in 2019-2020.
It costs about $4,185 for illinois business administration students with aid per year to attend Elgin Community College.
Full Elgin Community College Business Administration & Management Report
You’ll be in good company if you decide to attend Moraine Valley Community College. It ranked #4 on our 2022 Best Value Business Administration Schools in Illinois For Those Getting Aid list. MVCC is a fairly large public school situated in Palos Hills, Illinois. It awarded 32 ’s business administration degrees in 2019-2020.
It costs about $2,422 for illinois business administration students with aid per year to attend Moraine Valley Community College.
Read full report on Business Administration & Management at Moraine Valley Community College
Out of the 61 schools in the Best Value Business Administration Schools in Illinois For Those Getting Aid that were part of this year’s ranking, McHenry County College landed the #5 spot on the list. Located in Crystal Lake, Illinois, this medium-sized public school handed out 105 diplomas to qualified ’s business administration students in 2019-2020.
The estimated yearly cost for McHenry County College is $7,048 for illinois business administration students with aid.
Read full report on Business Administration & Management at MCC
College of Lake County came in at #6 in this year’s edition of the Best Value Business Administration Schools in Illinois For Those Getting Aid ranking. Located in Grayslake, Illinois, this fairly large public school awarded 27 diplomas to qualified ’s business administration students in 2019-2020.
The yearly cost to attend College of Lake County is $4,735 for illinois business administration students with aid.
Read more about Business Administration & Management at College of Lake County
William Rainey Harper College did quite well in the 2022 Best Value Business Administration Schools in Illinois For Those Getting Aid ranking, coming in at #7. Harper College is located in Palatine, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 124 ’s business administration degrees to qualified students.
The yearly cost to attend Harper College is $7,532 for illinois business administration students with aid.
Full William Rainey Harper College Business Administration & Management Report
Triton College ranked #8 on this year’s Best Value Business Administration Schools in Illinois For Those Getting Aid list. Triton College is a medium-sized school located in River Grove, Illinois that handed out 15 ’s business administration degrees in 2019-2020.
The yearly cost to attend Triton College is $4,988 for illinois business administration students with aid.
Full Triton College Business Administration & Management Report
Lewis and Clark Community College did quite well in the 2022 Best Value Business Administration Schools in Illinois For Those Getting Aid ranking, coming in at #9. Lewis and Clark Community College is a public institution located in Godfrey, Illinois. The school has a small population, and it awarded 28 ’s degrees in 2019-2020.
The estimated yearly cost for Lewis and Clark Community College is $5,464 for Illinois Business Administration students with aid.
Read full report on Business Administration & Management at Lewis and Clark Community College
University of Illinois at Chicago ranked #10 on this year’s Best Value Business Administration Schools in Illinois For Those Getting Aid list. University of Illinois at Chicago is a large public school situated in Chicago, Illinois. It awarded 259 ’s business administration degrees in 2019-2020.
UIC did well in our major quality rankings, too. It placed #11 on our “Best Business Administration & Management Schools in Illinois” list. It costs about $13,312 for illinois business administration students with aid per year to attend UIC.
The school has an impressive student loan default rate. It’s only 3.4%, which is much lower than the national rate of 10.1%.
With a ranking of #11, University of Illinois at Springfield did quite well on the 2022 Best Value Business Administration Schools in Illinois For Those Getting Aid list. University of Illinois at Springfield is a small school located in Springfield, Illinois that handed out 157 ’s business administration degrees in 2019-2020.
In addition to being on our illinois business administration students with aid list, UIS has also earned the #22 rank in our “Best Business Administration & Management Schools in Illinois” ranking. It costs about $12,477 for illinois business administration students with aid per year to attend UIS.
Governors State University did quite well in the 2022 Best Value Business Administration Schools in Illinois For Those Getting Aid ranking, coming in at #12. This small school is located in University Park, Illinois, and it awarded 132 ’s business administration degrees in 2019-2020.
It costs about $12,077 for Illinois Business Administration students with aid per year to attend GSU.
Northern Illinois University did quite well in the 2022 Best Value Business Administration Schools in Illinois For Those Getting Aid ranking, coming in at #13. NIU is a fairly large public school situated in Dekalb, Illinois. It awarded 320 ’s business administration degrees in 2019-2020.
NIU also took the #12 spot in our “Best Business Administration & Management Schools in Illinois” ranking. The estimated yearly cost for NIU is $18,259 for illinois business administration students with aid.
Read more about Business Administration & Management at Northern Illinois University
Northwestern University landed the #14 spot on the 2022 Best Value Business Administration Schools in Illinois For Those Getting Aid ranking. This large school is located in Evanston, Illinois, and it awarded 325 ’s business administration degrees in 2019-2020.
Northwestern also took the #2 spot in our “Best Business Administration & Management Schools in Illinois” ranking. The yearly cost to attend Northwestern is $24,664 for illinois business administration students with aid.
The student-to-faculty ratio of 6 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. Students who start out at the school are likely to stick around. The freshman retention rate is 97%. The student loan default rate at the school is 0.8%, which is quite low when compared to the national default rate of 10.1%.
Full Northwestern Business Administration & Management Report
Kankakee Community College did quite well in the 2022 Best Value Business Administration Schools in Illinois For Those Getting Aid ranking, coming in at #15. Kankakee Community College is located in Kankakee, Illinois and, has a small student population. In 2019-2020, this school awarded 29 ’s business administration degrees to qualified students.
It costs about $6,436 for illinois business administration students with aid per year to attend Kankakee Community College.
Read more about Business Administration & Management at Kankakee Community College
Parkland College came in at #16 in this year’s edition of the Best Value Business Administration Schools in Illinois For Those Getting Aid ranking. This medium-sized school is located in Champaign, Illinois, and it awarded 17 ’s business administration degrees in 2019-2020.
The estimated yearly cost for Parkland College is $8,993 for illinois business administration students with aid.
Full Parkland College Business Administration & Management Report
With a ranking of #17, Southern Illinois University Edwardsville did quite well on the 2022 Best Value Business Administration Schools in Illinois For Those Getting Aid list. 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 estimated yearly cost for Southern Illinois University Edwardsville is $14,423 for illinois business administration students with aid.
With a ranking of #18, Judson University did quite well on the 2022 Best Value Business Administration Schools in Illinois For Those Getting Aid list. This small school is located in Elgin, Illinois, and it awarded 99 ’s business administration degrees in 2019-2020.
Judson also took the #18 spot in our “Best Business Administration & Management Schools in Illinois” ranking. The estimated yearly cost for Judson University is $18,737 for illinois business administration students with aid.
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
With a ranking of #19, Lake Land College did quite well on the 2022 Best Value Business Administration Schools in Illinois For Those Getting Aid list. This small school is located in Mattoon, Illinois, and it awarded 21 ’s business administration degrees in 2019-2020.
It costs about $4,468 for Illinois Business Administration students with aid per year to attend Lake Land College.
Full Lake Land College Business Administration & Management Report
With a ranking of #20, Chicago State University did quite well on the 2022 Best Value Business Administration Schools in Illinois For Those Getting Aid list. Located in Chicago, Illinois, this small public school awarded 48 diplomas to qualified ’s business administration students in 2019-2020.
It costs about $11,733 for illinois business administration students with aid per year to attend CSU.
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.
Eastern Illinois University landed the #21 spot on the 2022 Best Value Business Administration Schools in Illinois For Those Getting Aid ranking. Charleston, Illinois is the setting for this medium-sized institution of higher learning. The public school handed out ’s business administration degrees to 49 students in 2019-2020.
The yearly cost to attend Eastern Illinois University is $14,607 for Illinois Business Administration students with aid.
Read more about Business Administration & Management at Eastern Illinois University
Western Illinois University did quite well in the 2022 Best Value Business Administration Schools in Illinois For Those Getting Aid ranking, coming in at #22. WIU is a medium-sized public school situated in Macomb, Illinois. It awarded 121 ’s business administration degrees in 2019-2020.
The estimated yearly cost for WIU is $16,210 for Illinois Business Administration students with aid.
Full Western Illinois University Business Administration & Management Report
Aurora University did quite well in the 2022 Best Value Business Administration Schools in Illinois For Those Getting Aid ranking, coming in at #23. This medium-sized school is located in Aurora, Illinois, and it awarded 274 ’s business administration degrees in 2019-2020.
Aurora did well in our major quality rankings, too. It placed #15 on our “Best Business Administration & Management Schools in Illinois” list. It costs about $17,215 for Illinois Business Administration students with aid 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
John A Logan College landed the #24 spot on the 2022 Best Value Business Administration Schools in Illinois For Those Getting Aid ranking. John A Logan College is a small public school situated in Carterville, Illinois. It awarded 7 ’s business administration degrees in 2019-2020.
The yearly cost to attend John A Logan College is $6,346 for Illinois Business Administration students with aid.
Full John A Logan College Business Administration & Management Report
University of St Francis did quite well in the 2022 Best Value Business Administration Schools in Illinois For Those Getting Aid ranking, coming in at #25. Located in Joliet, Illinois, this small private not-for-profit school awarded 58 degrees to qualified ’s business administration students in 2019-2020.
University of Saint Francis did well in our major quality rankings, too. It placed #21 on our “Best Business Administration & Management Schools in Illinois” list. It costs about $17,538 for illinois business administration students with aid per year to attend University of Saint 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%.
Full University of St Francis Business Administration & Management Report
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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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