2022 Best Value Master’s Degree Colleges for General Business/Commerce 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. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value General Business Schools for a Master’s in Illinois For Those Getting Aid” ranking.

General Business/Commerce is the 13th most popular major in the country with 55,749 degrees awarded in 2019-2020. In 2017-2018, general business/commerce graduates who were awarded their degree in 2015-2017, earned an average of $40,821 and had an average of $25,596 in loans still to pay off.

Across Illinois, there were 1,741 general business/commerce graduates with average earnings and debt of $48,327 and $32,259 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.

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 general business/commerce program at the school. See our ranking methodology to learn more.

One Size Does Not Fit All

The general business 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 General Business Schools for a Master’s in Illinois For Those Getting Aid”.

You can create your own custom comparison that focuses on the factors most important to you using our 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.

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

The colleges and universities below are the best for illinois master’s degree general business students with 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

$163,379 Average Early-Career Earnings

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, Northwestern University landed the #1 spot on the list. Northwestern University 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. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Northwestern University are $56,567.

Read full report on General Business/Commerce at Northwestern University

#2

University of Chicago

Chicago, Illinois

#2 in overall quality

$61,548 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend University of Chicago. The school came in at #2 for the Best Value General Business Schools for a Master’s in Illinois For Those Getting Aid. University of Chicago is located in Chicago, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 11 masters’s general business degrees to qualified students.

UChicago did well in our major quality rankings, too. It placed #2 on our “Best General Business/Commerce Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at UChicago are $61,548, but some majors have different tuition rates.

Read full report on General Business/Commerce at UChicago

#3

Roosevelt University

Chicago, Illinois

$21,605 Avg Grad Tuition & Fees

You’ll be in good company if you decide to attend Roosevelt University. It ranked #3 on our 2022 Best Value General Business Schools for a Master’s in Illinois For Those Getting Aid list. Roosevelt University is a small private not-for-profit school situated in Chicago, Illinois. It awarded 5 masters’s general business degrees 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 are $21,605, but some majors have different tuition rates.

Full Roosevelt University General Business/Commerce Report

• 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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