Find Grad Schools

Study Area & Zipcode

Best Value Business Administration & Management Schools in Illinois

Find Schools Near

2023 Best Value Business Administration & Management Schools in Illinois

Identifying Quality Schools at More Affordable Prices

40 Colleges
$24,180 Avg Tuition & Fees*
$55,467 Avg Salary

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 assist you in seeing some of the education options that are available to you, Grad Degree Search has created its Best Value Business Administration & Management Schools in Illinois ranking. This report analyzed 40 schools in Illinois to see which ones offered the best value programs for business administration students. The goal was to highlight schools with more affordable prices than others offering similar quality experiences.

When determining this ranking, we place a high emphasis on the school's quality as well as its sticker price. Even though a college may be affordable, it may not offer value. More specifically, we discount our quality score by the published tuition and fees charged by a school. This gives the cost per unit of quality for each college. The value is determined by how much quality your dollar buys.

Our calculations use out-of-state tuition and fees in our nationwide and regional rankings. Average in-state tuition and fees are used for our statewide rankings.

2023 Best Value Business Administration & Management Schools in Illinois

Check out the business administration programs at these schools if you want to get the best value for your educational dollar.

Top 10 Best Business Administration & Management Schools

$13,968 Average Tuition & Fees

Our analysis found Illinois State University to be the best value school for business administration and management students who want to pursue a degree in Illinois. Illinois State is a fairly large public school located in the medium-sized suburb of Normal.

In-state tuition fees for undergraduate students at Illinois State are $13,968 per year.

In addition to its best value ranking, and one of the reasons why the school is on the list, Illinois State is ranked #5 for overall quality for business administration in Illinois.

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

$11,496 Average Tuition & Fees

The excellent programs at Southern Illinois University Edwardsville helped the school earn the #2 place on this year’s ranking of the best business administration and management schools in Illinois. SIUE is a fairly large public school located in the large suburb of Edwardsville.

In-state tuition fees for undergraduate students at SIUE are $11,496 per year.

Full Business Administration & Management at Southern Illinois University Edwardsville Report

$14,738 Average Tuition & Fees

You’ll be in good company if you decide to attend Northern Illinois University. It ranked #3 on our 2023 Best Value Business Administration & Management Schools in Illinois list. NIU is a fairly large public school located in the small suburb of Dekalb.

NIU undergraduate students pay an average of $14,738 in in-state tuition and fees each year.

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

$17,634 Average Tuition & Fees

The excellent programs at University of Illinois at Urbana-Champaign helped the school earn the #4 place on this year’s ranking of the best business administration and management schools in Illinois. Located in the small city of Champaign, UIUC is a public school with a very large student population.

UIUC undergraduate students pay an average of $17,634 in in-state tuition and fees each year.

UIUC not only placed well in our value ranking, but it is also #3 on our Best Business Administration & Management Schools in Illinois list.

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

#5

McKendree University

Lebanon, IL
$33,050 Average Tuition & Fees

You’ll join some of the best and brightest minds around you if you attend McKendree University. The school came in at #5 on this year’s Best Value Business Administration & Management Schools in Illinois list. McKendree is a small private not-for-profit school located in the large suburb of Lebanon.

The average tuition and fees for an in-state undergraduate at McKendree are $33,050 a year.

Read More…

$12,053 Average Tuition & Fees

University of Illinois at Springfield came in at #6 in this year’s edition of the Best Value Business Administration & Management Schools in Illinois ranking. UIS is a small public school located in the medium-sized city of Springfield.

The average tuition and fees for an in-state undergraduate at UIS are $12,053 a year.

Full Business Administration & Management at University of Illinois at Springfield Report

#7

Concordia University, Chicago

River Forest, IL
$34,310 Average Tuition & Fees

Concordia University, Chicago did quite well in this year’s ranking of the best value schools for business administration and management students. It came in at #7 on the list. Concordia University, Chicago is a moderately-sized private not-for-profit school located in the suburb of River Forest.

Concordia University, Chicago undergraduate students pay an average of $34,310 in in-state tuition and fees each year.

Read More…

#8

Governors State University

University Park, IL
$10,108 Average Tuition & Fees

Governors State University ranked #8 on this year’s Best Value Business Administration & Management Schools in Illinois list. Located in the rural area of University Park, GSU is a public school with a small student population.

The average tuition and fees for an in-state undergraduate at GSU are $10,108 a year.

Full Business Administration & Management at Governors State University Report

$13,297 Average Tuition & Fees

With a ranking of #9, Western Illinois University did quite well on this year’s best value schools for business administration and management students. Located in the town of Macomb, WIU is a public college with a moderately-sized student population.

In-state tuition fees for undergraduate students at WIU are $13,297 per year.

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

$12,064 Average Tuition & Fees

Northeastern Illinois University came in at #10 in this year’s edition of the Best Value Business Administration & Management Schools in Illinois ranking. Northeastern Illinois University is a moderately-sized public school located in the large city of Chicago.

In-state tuition fees for undergraduate students at Northeastern Illinois University are $12,064 per year.

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

Best Value Business Administration & Management Colleges in the Great Lakes Region

Explore all the Best Value 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.

  • 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.

Featured Schools

Find Graduate Schools Near You

Our free school finder matches students with accredited graduate schools across the U.S.