Find Schools

Study Area & Zipcode

Find Schools Near

<nil> <nil>

Today's business students have lots of options to pick from when considering higher education opportunities. As online education oppotunities continue to grow, you're not restricted to just schools in your local area anymore. Even some of the 'big name' schools are offering online courses. On top of that, there are a considerable number of trade schools and bootcamp that offer fast-track entry to many fields.

To help you arm yourself with the information you need to make your decision, Business Degree Central has developed this <nil> ranking. The factors used to develop this ranking include those related to how in-demand the school us, the overall quality of the school, and post-graduation wages, and more.

View our full ranking methodology.

Top Business Master's Degree Schools in Illinois

Learn more about these excellent schools below:

#1

University of Chicago

Chicago, Illinois
$63,936 Average Tuition & Fees

Our rankings named University of Chicago the best school in Illinois for business students working on their master’s degree.

Read full report on University of Chicago

#2

Northwestern University

Evanston, Illinois
$56,567 Average Tuition & Fees

You’ll be in good company if you decide to attend Northwestern University. It ranked #2 on our list.

One thing to take note of is that Northwestern does offer online graduate classes in some areas. To give an idea of how popular online courses are at the school, 2% of graduates took at least one course online in 2019-2020.

Read More…

$17,823 Average Tuition & Fees

You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #3 on our list.

Online graduate courses are available at UIUC, but you will need to check with the school to see if they are available for your field of interest. In fact, around 90% of the graduate population registered for at least one online class in 2019-2020.

Full University of Illinois at Urbana-Champaign Report

#4

Illinois Institute of Technology

Chicago, Illinois
$30,822 Average Tuition & Fees

Out of the 34 schools in Illinois that were part of this year’s ranking, Illinois Institute of Technology landed the # 4 spot on the list.

Some students may be able to take online graduate classes at Illinois Tech. In fact, around 42% of the graduate population registered for at least one online class in 2019-2020.

Read More…

#5

Rasmussen University - Illinois

Rockford, Illinois
$5,615 Average Tuition & Fees

The excellent master’s degree programs at Rasmussen University - Illinois helped the school earn the #5 place on this year’s ranking of the best business schools in Illinois.

Rasmussen University - Illinois is one of the schools on our list that is primarily online. Each graduate student at the school took at least one class online.

Read More…

#6

Bradley University

Peoria, Illinois
$17,400 Average Tuition & Fees

With a ranking of #6, Bradley University did quite well on this year’s best schools for business students working on their master’s degree.

If you are interested in distance education, be sure to check with the school since Bradley does offer online graduate classes for certain majors. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 95% took at least some of their classes online.

Full Bradley University Report

#7

Loyola University Chicago

Chicago, Illinois
$19,894 Average Tuition & Fees

Loyola University Chicago came in at #7 in this year’s edition of the ranking.

Loyola Chicago does offer online graduate classes for certain degree levels. In fact, around 92% of the graduate population registered for at least one online class in 2019-2020.

Read More…

#8

Illinois State University

Normal, Illinois
$9,773 Average Tuition & Fees

Illinois State University landed the #8 spot in the rankings for the best master’s degree business programs.

Some students may be able to take online graduate classes at Illinois State. In fact, around 81% of the graduate population registered for at least one online class in 2019-2020.

Full Illinois State University Report

#9

DePaul University

Chicago, Illinois
$18,341 Average Tuition & Fees

With a ranking of #9, DePaul University did quite well on this year’s best schools for business students working on their master’s degree.

Online graduate courses are available at DePaul, but you will need to check with the school to see if they are available for your field of interest. During the 2019-2020 year, about 96% of the graduate students at the school took at least one online course.

Read full report on DePaul University

#10

Northern Illinois University

Dekalb, Illinois
$11,390 Average Tuition & Fees

Northern Illinois University came in at #10 in this year’s edition of the ranking.

Some students may be able to take online graduate classes at NIU. During the 2019-2020 year, about 43% of the graduate students at the school took at least one online course.

Full Northern Illinois University Report

#11

Elmhurst University

Elmhurst, Illinois
$32,800 Average Tuition & Fees

Elmhurst University came in at #11 in this year’s edition of the ranking.

If you are interested in distance education, be sure to check with the school since Elmhurst does offer online graduate classes for certain majors. In fact, around 64% of the graduate population registered for at least one online class in 2019-2020.

Full Elmhurst University Report

#12

University of Illinois at Chicago

Chicago, Illinois
$17,277 Average Tuition & Fees

University of Illinois at Chicago did quite well in this year’s ranking of the best places for business students to get a master’s degree. It came in at #12 on the list.

UIC does offer online graduate classes for certain degree levels. In fact, around 95% of the graduate population registered for at least one online class in 2019-2020.

Read More…

#13

Lewis University

Romeoville, Illinois
$14,960 Average Tuition & Fees

Lewis University landed the #13 spot in the rankings for the best master’s degree business programs.

Some students may be able to take online graduate classes at Lewis. In 2019-2020 about 85% of the graduate students at the school chose to take one or more online courses.

Read More…

#14

Southern Illinois University Edwardsville

Edwardsville, Illinois
$9,316 Average Tuition & Fees

With a ranking of #14, Southern Illinois University Edwardsville did quite well on this year’s best schools for business students working on their master’s degree.

Online graduate courses are available at SIUE, but you will need to check with the school to see if they are available for your field of interest. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 86% took at least some of their classes online.

Read More…

#15

Aurora University

Aurora, Illinois

Aurora University did quite well in this year’s ranking of the best places for business students to get a master’s degree. It came in at #15 on the list.

Depending on your major, you may be able to take online graduate classes at Aurora. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 87% took at least some of their classes online.

Read full report on Aurora University

#16

Benedictine University

Lisle, Illinois
$19,640 Average Tuition & Fees

With a ranking of #16, Benedictine University did quite well on this year’s best schools for business students working on their master’s degree.

You may have the opportunity to take online graduate classes at Benedictine U. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 100% took at least some of their classes online.

Read More…

#17

North Central College

Naperville, Illinois

North Central College did quite well in this year’s ranking of the best places for business students to get a master’s degree. It came in at #17 on the list.

Some students may be able to take online graduate classes at North Central. In fact, around 70% of the graduate population registered for at least one online class in 2019-2020.

Read full report on North Central College

#18

University of St Francis

Joliet, Illinois
$13,839 Average Tuition & Fees

With a ranking of #18, University of St Francis did quite well on this year’s best schools for business students working on their master’s degree.

Online graduate courses are available at University of Saint Francis, but you will need to check with the school to see if they are available for your field of interest. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 89% took at least some of their classes online.

Read full report on University of St Francis

#19

Judson University

Elgin, Illinois
$16,314 Average Tuition & Fees

With a ranking of #19, Judson University did quite well on this year’s best schools for business students working on their master’s degree.

You may have the opportunity to take online graduate classes at Judson. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 45% took at least some of their classes online.

Full Judson University Report

#20

University of Illinois at Springfield

Springfield, Illinois
$11,111 Average Tuition & Fees

University of Illinois at Springfield came in at #20 in this year’s edition of the ranking.

UIS does have options available for those who want to take online graduate classes. You will need to check with the school to see if they are available for your specific major. In 2019-2020 about 96% of the graduate students at the school chose to take one or more online courses.

Read full report on University of Illinois at Springfield

#21

Roosevelt University

Chicago, Illinois
$21,605 Average Tuition & Fees

Roosevelt University landed the #21 spot in the rankings for the best master’s degree business programs.

If you are interested in distance education, be sure to check with the school since Roosevelt does offer online graduate classes for certain majors. During the 2019-2020 year, about 44% of the graduate students at the school took at least one online course.

Read More…

#22

Western Illinois University

Macomb, Illinois
$12,182 Average Tuition & Fees

Western Illinois University landed the #22 spot in the rankings for the best master’s degree business programs.

If you are interested in distance education, be sure to check with the school since WIU does offer online graduate classes for certain majors. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 71% took at least some of their classes online.

Read More…

$16,162 Average Tuition & Fees

Southern Illinois University Carbondale ranked #23 on this year’s list.

Online graduate courses are available at SIUC, but you will need to check with the school to see if they are available for your field of interest. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 24% took at least some of their classes online.

Full Southern Illinois University Carbondale Report

#24

Dominican University

River Forest, Illinois
$20,413 Average Tuition & Fees

With a ranking of #24, Dominican University did quite well on this year’s best schools for business students working on their master’s degree.

Dominican U does offer online graduate classes for certain degree levels. In fact, around 89% of the graduate population registered for at least one online class in 2019-2020.

Read full report on Dominican University

#25

DeVry University - Illinois

Chicago, Illinois
$17,552 Average Tuition & Fees

DeVry University - Illinois did quite well in this year’s ranking of the best places for business students to get a master’s degree. It came in at #25 on the list.

Some students may be able to take online graduate classes at DeVry University - Illinois. In fact, around 97% of the graduate population registered for at least one online class in 2019-2020.

Read More…

Notes and References

Footnotes

*These averages are for the top 25 schools only.

References

  • 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 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%.

More about our data sources and methodologies.

Featured Schools

You have goals. Southern New Hampshire University can help you get there. Whether you need a bachelor's degree to get into a career or want a master's degree to move up in your current career, SNHU has an online program for you. Find your degree from over 200 online programs.

Visit School

Find Business Schools Near You

Our free school finder matches students with accredited business colleges across the U.S.