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2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $30-$48k

37 Ranked Colleges
11,302 Degrees Awarded
$21,100 Avg Grad Tuition & Fees*
Best Value Business, Management & Marketing Schools for a Master's in Illinois For Those Making $30-$48k

When pursuing a degree in today’s world, students have many different options to choose from. College Factual has developed its “Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $30-$48k” ranking as one item you can use to help make this decision.

In 2019-2020, 841,037 business, management and marketing students received their degree, making the major the 1st most popular in the country. 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 $30-$48k” ranking analyzed 37 colleges that offered a degree in business, management and marketing. This ranking identifies schools with high-quality business, management and marketing programs that also have a lower cost than schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the business, management and marketing program at the school and the cost to attend the school once aid has been awarded. See our ranking methodology to learn more.

One Size Does Not Fit All

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 Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $30-$48k” list to help you make the college decision.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $30-$48k

The colleges and universities below are the best for illinois master’s degree business, management & marketing students whose families make $30-$48k.

Top 25 Best Value Master’s Degree Colleges for Business, Management & Marketing (Income $30-$48k) in Illinois

#1

Northwestern University

Evanston, Illinois
#1 in overall quality

Out of the 37 schools in the Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $30-$48k that were part of this year’s ranking, Northwestern University landed the #1 spot on the list. Evanston, Illinois is the setting for this large institution of higher learning. The private not-for-profit school handed out masters’s business, management and marketing degrees to 2,127 students 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.

Full Northwestern University Business, Management & Marketing Report

#2

University of Chicago

Chicago, Illinois
#2 in overall quality

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 Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $30-$48k. University of Chicago is located in Chicago, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 1,226 masters’s business, management and marketing degrees to qualified students.

In addition to being on our illinois master’s degree business, management & marketing students whose families make $30-$48k list, UChicago has also earned the #2 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 UChicago are $61,548.

Full University of Chicago Business, Management & Marketing Report

#3 in overall quality

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 $30-$48k list. This large school is located in Champaign, Illinois, and it awarded 1,385 masters’s business, management and marketing degrees in 2019-2020.

UIUC did well in our major quality rankings, too. It placed #3 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 University of Illinois at Urbana-Champaign are $30,083.

Full University of Illinois at Urbana-Champaign Business, Management & Marketing Report

You’ll join some of the best and brightest minds around if you attend University of Illinois at Springfield. The school came in at #4 for the Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $30-$48k. UIS 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 University of Illinois at Springfield are $16,757, but some majors have different tuition rates.

Full UIS Business, Management & Marketing Report

You’ll join some of the best and brightest minds around if you attend Southern Illinois University Edwardsville. The school came in at #5 for the Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $30-$48k. Southern Illinois University Edwardsville is located in Edwardsville, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 128 masters’s business, management and marketing degrees to qualified students.

Average graduate tuition and fees at SIUE are $9,300, but you may pay more or less depending on your major.

Read full report on Business, Management & Marketing at Southern Illinois University Edwardsville

#6

Northern Illinois University

Dekalb, Illinois
#11 in overall quality

Northern Illinois University came in at #6 in this year’s edition of the Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $30-$48k ranking. Located in Dekalb, Illinois, this fairly large public school awarded 286 degrees to qualified masters’s business, management and marketing students in 2019-2020.

NIU also took the #11 spot in our “Best Business, Management & Marketing Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Northern Illinois University are $11,086, but some majors have different tuition rates.

Read full report on Business, Management & Marketing at NIU

#9 in overall quality

University of Illinois at Chicago landed the #7 spot on the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $30-$48k ranking. Chicago, Illinois is the setting for this large institution of higher learning. The public school handed out masters’s business, management and marketing degrees to 379 students in 2019-2020.

UIC also took the #9 spot in our “Best Business, Management & Marketing Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at UIC are $27,036, but some majors have different tuition rates.

Read full report on Business, Management & Marketing at UIC

#8

Eastern Illinois University

Charleston, Illinois

With a ranking of #8, Eastern Illinois University did quite well on the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $30-$48k list. This medium-sized school is located in Charleston, Illinois, and it awarded 39 masters’s business, management and marketing 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, Management & Marketing at Eastern Illinois University

#9

Governors State University

University Park, Illinois

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 $30-$48k ranking. GSU is a public institution located in University Park, Illinois. The school has a small population, and it awarded 40 masters’s degrees in 2019-2020.

Average graduate tuition and fees at GSU are $14,674, but you may pay more or less depending on your major.

Read full report on Business, Management & Marketing at Governors State University

#10

Illinois State University

Normal, Illinois
#8 in overall quality

Illinois State University came in at #10 in this year’s edition of the Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $30-$48k ranking. Illinois State is a large school located in Normal, Illinois that handed out 162 masters’s business, management and marketing degrees in 2019-2020.

Illinois State also took the #8 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 State are $11,069.

Full Illinois State University Business, Management & Marketing Report

#11

Aurora University

Aurora, Illinois
#16 in overall quality

Aurora University 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 $30-$48k ranking. Aurora University is a private not-for-profit institution located in Aurora, Illinois. The school has a medium-sized population, and it awarded 164 masters’s degrees in 2019-2020.

Aurora also made our “Best Business, Management & Marketing Master’s Degree Schools in Illinois” list, coming in at #16. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Aurora are $13,200.

Read full report on Business, Management & Marketing at Aurora University

#12

University of St Francis

Joliet, Illinois
#20 in overall quality

University of St Francis ranked #12 on this year’s Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $30-$48k list. Located in Joliet, Illinois, this small private not-for-profit school handed out 70 diplomas to qualified masters’s business, management and marketing students in 2019-2020.

University of Saint Francis also made our “Best Business, Management & Marketing Master’s Degree Schools in Illinois” list, coming in at #20. Average graduate tuition and fees at University of Saint Francis are $13,839, but you may pay more or less depending on your major.

Read more about Business, Management & Marketing at University of St Francis

#13

Saint Xavier University

Chicago, Illinois
#21 in overall quality

Saint Xavier University came in at #13 in this year’s edition of the Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $30-$48k ranking. Chicago, 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 90 students in 2019-2020.

SXU also made our “Best Business, Management & Marketing Master’s Degree Schools in Illinois” list, coming in at #21. 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, Management & Marketing Report

Southern Illinois University Carbondale landed the #14 spot on the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $30-$48k ranking. Located in Carbondale, Illinois, this fairly large public school handed out 86 diplomas to qualified masters’s business, management and marketing students in 2019-2020.

Average graduate tuition and fees at SIUC are $32,928, but some majors have different tuition rates.

Read more about Business, Management & Marketing at Southern Illinois University Carbondale

#15

Western Illinois University

Macomb, Illinois
#23 in overall quality

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 $30-$48k ranking. Western Illinois University is a medium-sized public school situated in Macomb, Illinois. It awarded 48 masters’s business, management and marketing degrees in 2019-2020.

WIU also made our “Best Business, Management & Marketing Master’s Degree Schools in Illinois” list, coming in at #23. 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.

Full WIU Business, Management & Marketing Report

#16

Lewis University

Romeoville, Illinois
#12 in overall quality

With a ranking of #16, Lewis University did quite well on the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $30-$48k list. Located in Romeoville, Illinois, this medium-sized private not-for-profit school handed out 181 degrees to qualified masters’s business, management and marketing students in 2019-2020.

Lewis not only placed well in this ranking. It is also #12 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 Lewis University are $14,780.

Full Lewis Business, Management & Marketing Report

#17

Elmhurst University

Elmhurst, Illinois
#10 in overall quality

Elmhurst University landed the #17 spot on the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $30-$48k ranking. Elmhurst is a small private not-for-profit school situated in Elmhurst, Illinois. It awarded 106 masters’s business, management and marketing degrees in 2019-2020.

Elmhurst also took the #10 spot in our “Best Business, Management & Marketing Master’s Degree Schools in Illinois” ranking. Average graduate tuition and fees at Elmhurst are $32,300, but some majors have different tuition rates.

Read full report on Business, Management & Marketing at Elmhurst

#18

Bradley University

Peoria, Illinois
#6 in overall quality

Bradley University came in at #18 in this year’s edition of the Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $30-$48k ranking. Located in Peoria, Illinois, this medium-sized private not-for-profit school handed out 46 diplomas to qualified masters’s business, management and marketing students in 2019-2020.

Bradley did well in our major quality rankings, too. It placed #6 on our “Best Business, Management & Marketing Master’s Degree Schools in Illinois” list. Average graduate tuition and fees at Bradley are $17,040, but you may pay more or less depending on your major.

Full Bradley University Business, Management & Marketing Report

#19

Dominican University

River Forest, Illinois

With a ranking of #19, Dominican University did quite well on the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $30-$48k list. Dominican University is located in River Forest, Illinois and, has a small student population. In 2019-2020, this school awarded 43 masters’s business, management and marketing degrees to qualified students.

Average graduate tuition and fees at Dominican U are $20,884, but some majors have different tuition rates.

Full Dominican U Business, Management & Marketing Report

#20

Concordia University, Chicago

River Forest, Illinois
#15 in overall quality

Concordia University, Chicago landed the #20 spot on the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $30-$48k ranking. Located in River Forest, Illinois, this medium-sized private not-for-profit school awarded 200 degrees to qualified masters’s business, management and marketing students in 2019-2020.

Concordia University, Chicago did well in our major quality rankings, too. It placed #15 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 Concordia University, Chicago are $9,378.

Read more about Business, Management & Marketing at Concordia University, Chicago

#21

Olivet Nazarene University

Bourbonnais, Illinois
#25 in overall quality

Olivet Nazarene University did quite well in the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $30-$48k ranking, coming in at #21. Bourbonnais, 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 70 students in 2019-2020.

Olivet Nazarene not only placed well in this ranking. It is also #25 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 Olivet Nazarene are $13,393.

Full Olivet Nazarene Business, Management & Marketing Report

Northeastern Illinois University came in at #22 in this year’s edition of the Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $30-$48k ranking. This medium-sized school is located in Chicago, Illinois, and it awarded 56 masters’s business, management and marketing degrees in 2019-2020.

Average graduate tuition and fees at Northeastern Illinois University are $17,032, but you may pay more or less depending on your major.

Read full report on Business, Management & Marketing at Northeastern Illinois University

#23

North Park University

Chicago, Illinois
#24 in overall quality

North Park University did quite well in the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $30-$48k ranking, coming in at #23. North Park is a private not-for-profit institution located in Chicago, Illinois. The school has a small population, and it awarded 87 masters’s degrees in 2019-2020.

North Park also made our “Best Business, Management & Marketing Master’s Degree Schools in Illinois” list, coming in at #24. 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, Management & Marketing at North Park

#24

Millikin University

Decatur, Illinois

Millikin University did quite well in the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $30-$48k ranking, coming in at #24. Millikin is a small private not-for-profit school situated in Decatur, Illinois. It awarded 26 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 $30-$48k list, Millikin has also earned the #0 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 Millikin University are $23,733.

Full Millikin University Business, Management & Marketing Report

#25

National Louis University

Chicago, Illinois

With a ranking of #25, National Louis University did quite well on the 2022 Best Value Business, Management & Marketing Schools for a Master’s in Illinois For Those Making $30-$48k 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 NLU are $12,096.

Read more about Business, Management & Marketing at National Louis 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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