2022 Best Value General Business Schools for a Master’s in Illinois For Those Getting Aid

When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value General Business Schools for a Master’s in Illinois For Those Getting Aid” ranking is part of that endeavor.

With 55,749 degrees handed out in 2019-2020, general business/commerce is the 9th most popular major in the United States.

Across Illinois, there were 1,741 general business/commerce graduates with average earnings and debt of $0 and $0 respectively. At the master’s degree level specifically, there were 1,064 general business/commerce graduates with average earnings and debt of $57,267 and $46,814 respectively.

For this year’s “Best Value General Business Schools for a Master’s in Illinois For Those Getting Aid” ranking, we looked at 3 colleges that offer a degree in general business/commerce. The schools that top this list are recognized because they have great general business/commerce programs and cost less that schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the general business/commerce program at the school and the cost of the school after aid is awarded among other things. See our ranking methodology to learn more.

More Ways to Rank General Business/Commerce Schools

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value General Business Schools for a Master’s in Illinois For Those Getting Aid” list, to help you choose the best school for you.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value General Business Schools for a Master’s in Illinois For Those Getting Aid

The following schools top our list of the Best Best Value General Business Schools for a Master’s in Illinois For Those Getting Aid.

Top 3 Best Value Master’s Degree Colleges for General Business/Commerce in Illinois (With Aid)

#1

Northwestern University

Evanston, Illinois

#1 in overall quality

$56,567 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend Northwestern University. It ranked #1 on our 2022 Best Value General Business Schools for a Master’s in Illinois For Those Getting Aid list. Northwestern is a large school located in Evanston, Illinois that handed out 1,048 masters’s general business degrees in 2019-2020.

Northwestern also took the #1 spot in our “Best General Business/Commerce 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.

Full Northwestern General Business/Commerce Report

#2

University of Chicago

Chicago, Illinois

#2 in overall quality

$61,548 Avg Grad Tuition & Fees

Out of the 3 schools in the Best Value General Business Schools for a Master’s in Illinois For Those Getting Aid that were part of this year’s ranking, University of Chicago landed the #2 spot on the list. University of Chicago is a fairly large private not-for-profit school situated in Chicago, Illinois. It awarded 11 masters’s general business degrees in 2019-2020.

As a testament to the quality of education offered at UChicago, the school also landed the #2 spot in our “Best General Business/Commerce Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at UChicago are $61,548, but you may pay more or less depending on your major.

Read full report on General Business/Commerce at UChicago

#3

Roosevelt University

Chicago, Illinois

$21,605 Avg Grad Tuition & Fees

Out of the 3 schools in the Best Value General Business Schools for a Master’s in Illinois For Those Getting Aid that were part of this year’s ranking, Roosevelt University landed the #3 spot on the list. Located in Chicago, Illinois, this small private not-for-profit school handed out 5 diplomas to qualified masters’s general business students in 2019-2020.

Roosevelt did well in our major quality rankings, too. It placed #0 on our “Best General Business/Commerce Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at Roosevelt University are $21,605, but some majors have different tuition rates.

Read full report on General Business/Commerce at Roosevelt University

• Best Value Master’s Degree Colleges for General Business/Commerce in the Great Lakes Region (With Aid)
• Best Value Master’s Degree Colleges for General Business/Commerce (With Aid)

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.

Credits

• Credit for the banner image above goes to U.S. Consulate General Munich.

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