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Best Business Administration & Management Schools in Illinois

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2023 Best Business Administration & Management Schools in Illinois

40 Colleges
$55,467 Avg Salary
$25,786 Avg Student Debt

Finding the Best Business Administration & Management School for You

Business Administration & Management is the most popular major in Illinois with 7,000 degrees and certificates handed out in 2020-2021.

There are lots of options to pick from today when trying to decide which program is right for you. Along with traditional schools that require in-person attendence, you can attend one of many reputable online schools. Some programs even offer a hybrid experience. Alternatively, you may choose a trade school that prepares you to enter the workforce with knowledge in a specific field.

To help you arm yourself with the information you need to make your decision, Grad Degree Search has developed this Best Business Administration & Management Schools in Illinois ranking. This report analyzed 40 schools in Illinois to see which ones offered the best programs for students.

View our full ranking methodology.

2023 Best Business Administration & Management Schools in Illinois

The following schools top our list of the Best Business Administration & Management Colleges.

Top 10 Best Business Administration & Management Schools

#1

University of Chicago

Chicago, IL

Our analysis found University of Chicago to be the best school for business administration and management students who want to pursue a degree in Illinois. UChicago is a large private not-for-profit school located in the city of Chicago.

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#2

Northwestern University

Evanston, IL

The excellent programs at Northwestern University helped the school earn the #2 place on this year’s ranking of the best business administration and management schools in Illinois. Located in the city of Evanston, Northwestern is a private not-for-profit school with a fairly large student population.

Read full report on Business Administration & Management at Northwestern University

A rank of #3 on this year’s list means Lake Forest Graduate School of Management is a great place for business administration and management students. Lake Forest Graduate School of Management is a small private not-for-profit school located in the large suburb of Lake Forest.

Full Business Administration & Management at Lake Forest Graduate School of Management Report

A rank of #4 on this year’s list means University of Illinois at Urbana-Champaign is a great place for business administration and management students. Located in the small city of Champaign, UIUC is a public school with a very large student population.

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

A rank of #5 on this year’s list means Illinois Institute of Technology is a great place for business administration and management students. Located in the large city of Chicago, Illinois Tech is a private not-for-profit college with a moderately-sized student population.

Read full report on Business Administration & Management at Illinois Institute of Technology

#6

DePaul University

Chicago, IL

DePaul University came in at #6 in this year’s edition of the Best Business Administration & Management Schools in Illinois ranking. Located in the large city of Chicago, DePaul is a private not-for-profit school with a very large student population.

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Northern Illinois University ranked #7 on this year’s Best Business Administration & Management Schools in Illinois list. NIU is a large public school located in the suburb of Dekalb.

Read full report on Business Administration & Management at Northern Illinois University

#8

Bradley University

Peoria, IL

Bradley University came in at #8 in this year’s edition of the Best Business Administration & Management Schools in Illinois ranking. Located in the city of Peoria, Bradley is a private not-for-profit college with a moderately-sized student population.

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Illinois State University came in at #9 in this year’s edition of the Best Business Administration & Management Schools in Illinois ranking. Illinois State is a very large public school located in the midsize suburb of Normal.

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Loyola University Chicago landed the #10 spot in the 2023 rankings for the best business administration and management programs. Located in the large city of Chicago, Loyola Chicago is a private not-for-profit school with a large student population.

Full Business Administration & Management at Loyola University Chicago Report

Best Business Administration & Management Colleges in the Great Lakes Region

Explore all the Best Business Administration & Management Colleges in the Great Lakes Area or other specific states within that region.

State Degrees Awarded
Michigan 3,906
Ohio 3,681
Indiana 2,674
Wisconsin 1,563

One of 20 majors within the area of study, business administration and management has other similar majors worth exploring.

Majors Similar to Business Administration

Related Major Annual Graduates
Management Sciences & Quantitative Methods 31,701
Accounting 19,309
Human Resource Management 12,117
General Business/Commerce 9,137
Finance & Financial Management 5,784

Notes and References

*These averages are for the top 25 schools only.

  • Read more about our ranking methodology.
  • 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 the rest 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).

More about our data sources and methodologies.

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