2023 Best Value Business Administration & Management Master's Degree Schools in Illinois
Identifying Quality Schools at More Affordable Prices
Finding the Best Business Administration & Management Master's Degree 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 Master's Degree Schools in Illinois ranking. Our analysis looked at 39 schools in Illinois to see which master's degree programs offered the best value experiences for business administration students with the aim of identifying those quality schools that are more affordable than some of their counterparts.
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.
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2023 Best Value Business Administration & Management Master’s Degree Schools in Illinois
Check out the business administration master's degree programs at these schools if you want to get the best value for your educational dollar.
Top 10 Best Business Administration & Management Master's Degree Schools
Our analysis found Illinois State University to be the best value school for business administration and management students who want to pursue a master’s degree in Illinois. Illinois State is a fairly large public school located in the medium-sized suburb of Normal.
The average tuition and fees for an in-state graduate student at Illinois State are $9,773 a 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
You’ll be in good company if you decide to attend Southern Illinois University Edwardsville. It ranked #2 on our 2023 Best Value Business Administration & Management Master’s Degree Schools in Illinois list. SIUE is a large public school located in the suburb of Edwardsville.
In-state tuition fees for graduate students at SIUE are $9,316 per year.
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 Master’s Degree Schools in Illinois list. NIU is a large public school located in the suburb of Dekalb.
In-state tuition fees for graduate students at NIU are $11,390 per year.
You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #4 on our 2023 Best Value Business Administration & Management Master’s Degree Schools in Illinois list. Located in the small city of Champaign, UIUC is a public college with a very large student population.
The average tuition and fees for an in-state graduate student at UIUC are $17,823 a year.
UIUC not only placed well in our value ranking, but it is also #3 on our Best Business Administration & Management Master’s Degree Schools in Illinois list.
The excellent master’s degree programs at McKendree University helped the school earn the #5 place on this year’s ranking of the best value business administration and management schools in Illinois. McKendree is a small private not-for-profit school located in the suburb of Lebanon.
McKendree graduate students pay an average of $9,756 in in-state tuition and fees each year.
Full Business Administration & Management at McKendree University Report
University of Illinois at Springfield ranked #6 on this year’s Best Value Business Administration & Management Master’s Degree Schools in Illinois list. UIS is a small public school located in the midsize city of Springfield.
In-state tuition fees for graduate students at UIS are $11,111 per year.
Governors State University ranked #7 on this year’s Best Value Business Administration & Management Master’s Degree Schools in Illinois list. Located in the rural area of University Park, GSU is a public school with a small student population.
GSU graduate students pay an average of $8,320 in in-state tuition and fees each year.
Concordia University, Chicago ranked #8 on this year’s Best Value Business Administration & Management Master’s Degree Schools in Illinois list. Concordia University, Chicago is a medium-sized private not-for-profit school located in the suburb of River Forest.
In-state tuition fees for graduate students at Concordia University, Chicago are $9,378 per year.
Read full report on Business Administration & Management at Concordia University, Chicago
Northeastern Illinois University came in at #9 in this year’s edition of the Best Value Business Administration & Management Master’s Degree Schools in Illinois ranking. Northeastern Illinois University is a medium-sized public school located in the large city of Chicago.
The average tuition and fees for an in-state graduate student at Northeastern Illinois University are $9,428 a year.
Full Business Administration & Management at Northeastern Illinois University Report
With a ranking of #10, Western Illinois University did quite well on this year’s best value schools for business administration and management students working on their master’s degree. Located in the town of Macomb, WIU is a public school with a medium-sized student population.
The average tuition and fees for an in-state graduate student at WIU are $12,182 a year.
Full Business Administration & Management at Western Illinois University Report
Best Value Business Administration & Management Colleges in the Great Lakes Region
Explore all the Best Value Business Administration & Management Schools 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 |
More Business Administration & Management Rankings in Illinois
Business Administration & Management Related Majors for Business Administration
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.
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