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Best Value Business, Management & Marketing Master's Degree Schools in Illinois

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2023 Best Value Business, Management & Marketing Master's Degree Schools in Illinois

Highlighting Quality Schools With More Affordable Pricing

34 Colleges
$12,962 Avg Tuition & Fees*
$66,712 Avg Salary

Finding the Best Business, Management & Marketing Master's Degree School for You

Out of the majors we analyze each year, business, management and marketing was the most popular one in Illinois. In total, 13,721 people earned a degree or certificate in the field from a school in Illinois.

Today's students have lots of options to pick from when considering higher education opportunities. You can choose a traditional brick and mortar school, or with the growth of online education, you can attend a school half-way across the country without even leaving your house. Also there are many trade schools that offer short-term programs that open up more career options.

To help you arm yourself with the information you need to make your decision, Grad Degree Search has developed this Best Value Business, Management & Marketing Master's Degree Schools in Illinois ranking. Our analysis looked at 34 schools in Illinois to see which master's degree programs offered the best value experiences for business, management and marketing 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. Specifically, our score for quality is discounted by the published tuition and fees charged by the given college. This gives the cost per unit of quality for each college. The more quality your dollar buys, the better the value.

Our calculations use out-of-state tuition and fees in our nationwide and regional rankings. For statewide rankings, we use average in-state tuition and fees.

2023 Best Value Business, Management & Marketing Master’s Degree Schools in Illinois

The following schools top our list of the Best Value Business, Management & Marketing Master's Degree Colleges.

Top 10 Best Business, Management & Marketing Master's Degree Schools

Our 2023 rankings named Rasmussen University - Illinois the best value school in Illinois for business, management and marketing students working on their master’s degree. Located in the city of Rockford, Rasmussen University - Illinois is a private for-profit school with a small student population.

In-state tuition fees for graduate students at Rasmussen University - Illinois are $5,615 per year.

Full Business, Management & Marketing at Rasmussen University - Illinois Report

You’ll be in good company if you decide to attend Illinois State University. It ranked #2 on our 2023 Best Value Business, Management & Marketing Master’s Degree Schools in Illinois list. Located in the midsize suburb of Normal, Illinois State is a public college with a very large student population.

Illinois State graduate students pay an average of $9,773 in in-state tuition and fees each year.

Illinois State did well in our overall quality rankings, too. It placed #5 on our Best Business, Management & Marketing Master’s Degree Schools in Illinois list.

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

Out of the 34 schools in Illinois that were part of this year’s ranking, Southern Illinois University Edwardsville landed the # 3 spot on the list. Located in the large suburb of Edwardsville, SIUE is a public college with a large student population.

SIUE graduate students pay an average of $9,316 in in-state tuition and fees each year.

Full Business, Management & Marketing at Southern Illinois University Edwardsville Report

You’ll join some of the best and brightest minds around you if you attend Northern Illinois University. The school came in at #4 on this year’s Best Value Business, Management & Marketing Master’s Degree Schools in Illinois list. Located in the suburb of Dekalb, NIU is a public school with a large student population.

In-state tuition fees for graduate students at NIU are $11,390 per year.

Full Business, Management & Marketing at Northern Illinois University Report

Out of the 34 schools in Illinois that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the # 5 spot on the list. UIUC is a fairly large public school located in the small city of Champaign.

In-state tuition fees for graduate students at UIUC are $17,823 per year.

UIUC also took the #3 spot in our Best Business, Management & Marketing Master’s Degree Schools in Illinois rankings.

Read full report on Business, Management & Marketing at University of Illinois at Urbana-Champaign

University of Illinois at Springfield came in at #6 in this year’s edition of the Best Value Business, Management & Marketing Master’s Degree Schools in Illinois ranking. Located in the city of Springfield, UIS is a public college with a small student population.

In-state tuition fees for graduate students at UIS are $11,111 per year.

Read More…

#7

Governors State University

University Park, IL

Governors State University did quite well in this year’s ranking of the best places for business, management and marketing students to get a master’s degree. It came in at #7 on the list. GSU is a small public school located in the rural area of University Park.

The average tuition and fees for an in-state graduate student at GSU are $8,320 a year.

Read More…

#8

Concordia University, Chicago

River Forest, IL

With a ranking of #8, Concordia University, Chicago did quite well on this year’s best value schools for business, management and marketing students working on their master’s degree. Located in the suburb of River Forest, Concordia University, Chicago is a private not-for-profit school with a moderately-sized student population.

In-state tuition fees for graduate students at Concordia University, Chicago are $9,378 per year.

Read full report on Business, Management & Marketing at Concordia University, Chicago

Northeastern Illinois University landed the #9 spot in the 2023 rankings for the best value master’s degree business, management and marketing programs. Located in the city of Chicago, Northeastern Illinois University is a public school with a medium-sized student population.

Northeastern Illinois University graduate students pay an average of $9,428 in in-state tuition and fees each year.

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

#10

Bradley University

Peoria, IL

Bradley University came in at #10 in this year’s edition of the Best Value Business, Management & Marketing Master’s Degree Schools in Illinois ranking. Bradley is a moderately-sized private not-for-profit school located in the midsize city of Peoria.

Bradley graduate students pay an average of $17,400 in in-state tuition and fees each year.

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

Best Value Business, Management & Marketing Colleges in the Great Lakes Region

Explore all the Best Value Business, Management & Marketing Schools in the Great Lakes Area or other specific states within that region.

State Degrees Awarded
Indiana 5,487
Ohio 5,612
Wisconsin 2,457
Michigan 5,704

Business, Management & Marketing Majors to Study

Major Annual Graduates
Business Administration & Management 131,555
Management Sciences & Quantitative Methods 31,701
Accounting 19,309
Human Resource Management 12,117
General Business/Commerce 9,137
Finance & Financial Management 5,784
Marketing 4,011
Management Information Systems 2,766
International Business 2,007
Entrepreneurial Studies 1,823
Taxation 1,350
Hospitality Management 1,341
Real Estate 1,280
Other Business, Management & Marketing 1,073
General Sales & Marketing 537
Construction Management 466
Specialized Sales, Merchandising & Marketing 180
Business/Managerial Economics 162
Insurance 143
Business/Corporate Communications 117
Telecommunications Management 23

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).
  • Credit for the banner image above goes to Amit Savargaonkar.

More about our data sources and methodologies.

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