2022 Best Value Master’s Degree Colleges for Business, Management & Marketing (Income $0-$30k) in Illinois
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 Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $0-$30k” ranking is part of that endeavor.
With 841,037 degrees handed out in 2019-2020, business, management and marketing is the 1st most popular major in the United States. In 2017-2018, business, management and marketing graduates who were awarded their degree in 2015-2017, earned an average of $44,966 and had an average of $27,464 in loans still to pay off.
Across Illinois, there were 29,841 business, management and marketing graduates with average earnings and debt of $49,791 and $28,874 respectively. At the master’s degree level specifically, there were 11,302 business, management and marketing graduates with average earnings and debt of $57,267 and $46,814 respectively.
This year’s “Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $0-$30k” ranking looked at 37 colleges that offer degrees in a bachelor’s in business, management and marketing. Not only do the schools that top this list have excellent business, management and marketing programs, but they also cost less that schools of similar quality.
Some of the factors we look at when determining these rankings are overall quality of the business, management and marketing program at the school and the cost of the school after aid is awarded among other things. For more information, check out our ranking methodology.
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One Size Does Not Fit All
Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $0-$30k” ranking, along with many other major-related rankings, to help you make that decision.
You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.
Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $0-$30k
The following schools top our list of the Best Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $0-$30k.
Top 25 Best Value Master’s Degree Colleges for Business, Management & Marketing (Income $0-$30k) in Illinois
Out of the 37 schools in the Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $0-$30k that were part of this year’s ranking, Northwestern University landed the #1 spot on the list. This large school is located in Evanston, Illinois, and it awarded 2,127 masters’s business, management and marketing degrees in 2019-2020.
Northwestern did well in our major quality rankings, too. It placed #1 on our “Best Business, Management & Marketing Master’s Degree Schools in Illinois” list. 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, Management & Marketing at Northwestern
Out of the 37 schools in the Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $0-$30k 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 school located in Chicago, Illinois that handed out 1,226 masters’s business, management and marketing degrees in 2019-2020.
In addition to being on our illinois master’s degree business, management & marketing students whose families make $0-$30k list, UChicago has also earned the #2 rank in our “Best Business, Management & Marketing 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 Business, Management & Marketing at University of Chicago
You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #3 on our 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $0-$30k list. University of Illinois at Urbana-Champaign is a large public school situated in Champaign, Illinois. It awarded 1,385 masters’s business, management and marketing degrees in 2019-2020.
As a testament to the quality of education offered at UIUC, the school also landed the #3 spot in our “Best Business, Management & Marketing 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 Illinois at Urbana-Champaign are $30,083.
Read full report on Business, Management & Marketing at UIUC
You’ll be in good company if you decide to attend Southern Illinois University Edwardsville. It ranked #4 on our 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $0-$30k list. This fairly large school is located in Edwardsville, Illinois, and it awarded 128 masters’s business, management and marketing degrees in 2019-2020.
Average graduate tuition and fees at SIUE are $9,300, but you may pay more or less depending on your major.
Read more about Business, Management & Marketing at Southern Illinois University Edwardsville
You’ll join some of the best and brightest minds around if you attend Northern Illinois University. The school came in at #5 for the Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $0-$30k. NIU is a fairly large school located in Dekalb, Illinois that handed out 286 masters’s business, management and marketing degrees in 2019-2020.
NIU did well in our major quality rankings, too. It placed #11 on our “Best Business, Management & Marketing Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at NIU are $11,086, but some majors have different tuition rates.
University of Illinois at Chicago ranked #6 on this year’s Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $0-$30k list. UIC is a public institution located in Chicago, Illinois. The school has a large population, and it awarded 379 masters’s degrees in 2019-2020.
As a testament to the quality of education offered at UIC, the school also landed the #9 spot in our “Best Business, Management & Marketing 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 Illinois at Chicago are $27,036.
Read full report on Business, Management & Marketing at University of Illinois at Chicago
University of Illinois at Springfield did quite well in the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $0-$30k ranking, coming in at #7. University of Illinois at Springfield is located in Springfield, Illinois and, has a small student population. In 2019-2020, this school awarded 83 masters’s business, management and marketing degrees to qualified students.
Average graduate tuition and fees at UIS are $16,757, but you may pay more or less depending on your major.
With a ranking of #8, Illinois State University did quite well on the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $0-$30k list. Illinois State University is a large school located in Normal, Illinois that handed out 162 masters’s business, management and marketing degrees in 2019-2020.
In addition to being on our illinois master’s degree business, management & marketing students whose families make $0-$30k list, Illinois State has also earned the #8 rank in our “Best Business, Management & Marketing Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Illinois State are $11,069, but you may pay more or less depending on your major.
Governors State University landed the #9 spot on the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $0-$30k ranking. University Park, Illinois is the setting for this small institution of higher learning. The public school handed out masters’s business, management and marketing degrees to 40 students in 2019-2020.
Average graduate tuition and fees at GSU are $14,674, but some majors have different tuition rates.
With a ranking of #10, Saint Xavier University did quite well on the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $0-$30k list. Saint Xavier University is a private not-for-profit institution located in Chicago, Illinois. The school has a small population, and it awarded 90 masters’s degrees in 2019-2020.
SXU not only placed well in this ranking. It is also #21 on our “Best Business, Management & Marketing Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at Saint Xavier University are $15,450, but some majors have different tuition rates.
Southern Illinois University Carbondale came in at #11 in this year’s edition of the Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $0-$30k ranking. SIUC is a fairly large public school situated in Carbondale, Illinois. It awarded 86 masters’s business, management and marketing degrees in 2019-2020.
Average graduate tuition and fees at SIUC are $32,928, but you may pay more or less depending on your major.
Aurora University landed the #12 spot on the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $0-$30k ranking. Aurora is located in Aurora, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 164 masters’s business, management and marketing degrees to qualified students.
Aurora also took the #16 spot in our “Best Business, Management & Marketing Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Aurora are $13,200, but you may pay more or less depending on your major.
Read full report on Business, Management & Marketing at Aurora University
Lewis University landed the #13 spot on the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $0-$30k ranking. Lewis is a medium-sized private not-for-profit school situated in Romeoville, Illinois. It awarded 181 masters’s business, management and marketing degrees in 2019-2020.
Lewis also made our “Best Business, Management & Marketing Master’s Degree Schools in Illinois” list, coming in at #12. Average graduate tuition and fees at Lewis are $14,780, but you may pay more or less depending on your major.
Eastern Illinois University came in at #14 in this year’s edition of the Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $0-$30k ranking. Located in Charleston, Illinois, this medium-sized public school handed out 39 degrees to qualified masters’s business, management and marketing students in 2019-2020.
Although you might pay more or less depending on your area of study, average graduate tuition and fees at EIU are $20,761.
Full Eastern Illinois University Business, Management & Marketing Report
Western Illinois University landed the #15 spot on the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $0-$30k ranking. Western Illinois University is located in Macomb, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 48 masters’s business, management and marketing degrees to qualified students.
As a testament to the quality of education offered at WIU, the school also landed the #23 spot in our “Best Business, Management & Marketing 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 Western Illinois University are $11,996.
University of St Francis did quite well in the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $0-$30k ranking, coming in at #16. This small school is located in Joliet, Illinois, and it awarded 70 masters’s business, management and marketing degrees in 2019-2020.
In addition to being on our illinois master’s degree business, management & marketing students whose families make $0-$30k list, University of Saint Francis has also earned the #20 rank in our “Best Business, Management & Marketing Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at University of St Francis are $13,839, but you may pay more or less depending on your major.
Read more about Business, Management & Marketing at University of Saint Francis
Elmhurst University did quite well in the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $0-$30k ranking, coming in at #17. Elmhurst University is a small school located in Elmhurst, Illinois that handed out 106 masters’s business, management and marketing degrees in 2019-2020.
Elmhurst not only placed well in this ranking. It is also #10 on our “Best Business, Management & Marketing 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 Elmhurst University are $32,300.
Read full report on Business, Management & Marketing at Elmhurst University
Bradley University did quite well in the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $0-$30k ranking, coming in at #18. This medium-sized school is located in Peoria, Illinois, and it awarded 46 masters’s business, management and marketing degrees in 2019-2020.
In addition to being on our illinois master’s degree business, management & marketing students whose families make $0-$30k list, Bradley has also earned the #6 rank in our “Best Business, Management & Marketing 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 Bradley are $17,040.
Full Bradley University Business, Management & Marketing Report
Illinois Institute of Technology ranked #19 on this year’s Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $0-$30k list. Illinois Institute of Technology is located in Chicago, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 86 masters’s business, management and marketing degrees to qualified students.
Illinois Tech also took the #14 spot in our “Best Business, Management & Marketing 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 Illinois Tech are $30,695.
Read more about Business, Management & Marketing at Illinois Tech
Millikin University landed the #20 spot on the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $0-$30k ranking. Decatur, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out masters’s business, management and marketing degrees to 26 students in 2019-2020.
Millikin not only placed well in this ranking. It is also #0 on our “Best Business, Management & Marketing 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 Millikin are $23,733.
Read more about Business, Management & Marketing at Millikin
McKendree University did quite well in the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $0-$30k ranking, coming in at #21. McKendree University is located in Lebanon, Illinois and, has a small student population. In 2019-2020, this school awarded 61 masters’s business, management and marketing degrees to qualified students.
Although you might pay more or less depending on your area of study, average graduate tuition and fees at McKendree are $9,324.
Read more about Business, Management & Marketing at McKendree
With a ranking of #22, Judson University did quite well on the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $0-$30k list. Elgin, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out masters’s business, management and marketing degrees to 44 students in 2019-2020.
Judson did well in our major quality rankings, too. It placed #18 on our “Best Business, Management & Marketing 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.
With a ranking of #23, North Park University did quite well on the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $0-$30k list. North Park University is a small private not-for-profit school situated in Chicago, Illinois. It awarded 87 masters’s business, management and marketing degrees in 2019-2020.
North Park also took the #24 spot in our “Best Business, Management & Marketing Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at North Park are $14,076, but you may pay more or less depending on your major.
Dominican University ranked #24 on this year’s Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $0-$30k list. Dominican U is a small private not-for-profit school situated in River Forest, Illinois. It awarded 43 masters’s business, management and marketing degrees in 2019-2020.
Average graduate tuition and fees at Dominican U are $20,884, but you may pay more or less depending on your major.
Full Dominican University Business, Management & Marketing Report
National Louis University ranked #25 on this year’s Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $0-$30k list. Chicago, Illinois is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out masters’s business, management and marketing degrees to 64 students in 2019-2020.
Although you might pay more or less depending on your area of study, average graduate tuition and fees at National Louis University are $12,096.
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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.
Credits
- Credit for the banner image above goes to Amit Savargaonkar.
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