Rankings / By State
Best Business Colleges in Illinois
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If you're considering a business degree in Illinois, you're looking at a competitive field. With 50 schools offering business programs, the choices can feel overwhelming. Many prospective students want to know which institutions not only provide a solid education but also lead to successful careers.
Key Findings
Northwestern University graduates earn an average of $89,363, making it the highest in the state.
The graduation rate at the University of Illinois Urbana-Champaign is 85%, significantly above the average of 55%.
The University of Illinois Chicago has the lowest net price on this list at $10,974.
North Park University has the highest debt burden, with an average of $25,500.
Quick Numbers
How We Ranked
Business programs in Illinois ranked by outcomes and program concentration
Read our full methodology →Earnings vs. Cost
Each dot is a ranked school. Up = higher earnings. Right = higher cost. Top-left is the best value.
Graduation Rates
Longer bars = higher graduation rate.
Top 3
North Park University
Chicago, IL
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Southern Illinois University Edwardsville
Edwardsville, IL
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DePaul University
Chicago, IL
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Full Rankings
North Park University
Chicago, IL · 1,818 students · Private nonprofit
Southern Illinois University Edwardsville
Edwardsville, IL · 8,750 students · Public
DePaul University
Chicago, IL · 14,090 students · Private nonprofit
Illinois State University
Normal, IL · 19,057 students · Public
Northwestern University
Evanston, IL · 9,201 students · Private nonprofit
Benedictine University
Lisle, IL · 1,942 students · Private nonprofit
North Central College
Naperville, IL · 2,428 students · Private nonprofit
Aurora University
Aurora, IL · 3,974 students · Private nonprofit
Dominican University
River Forest, IL · 2,561 students · Private nonprofit
McKendree University
Lebanon, IL · 1,752 students · Private nonprofit
Illinois Wesleyan University
Bloomington, IL · 1,582 students · Private nonprofit
Lewis University
Romeoville, IL · 4,015 students · Private nonprofit
Northern Illinois University
Dekalb, IL · 11,301 students · Public
Lake Forest College
Lake Forest, IL · 1,813 students · Private nonprofit
Elmhurst University
Elmhurst, IL · 3,006 students · Private nonprofit
Judson University
Elgin, IL · 708 students · Private nonprofit
Illinois College
Jacksonville, IL · 930 students · Private nonprofit
Roosevelt University
Chicago, IL · 2,849 students · Private nonprofit
Greenville University
Greenville, IL · 955 students · Private nonprofit
Saint Xavier University
Chicago, IL · 3,096 students · Private nonprofit
Eastern Illinois University
Charleston, IL · 4,188 students · Public
Bradley University
Peoria, IL · 3,574 students · Private nonprofit
Loyola University Chicago
Chicago, IL · 11,737 students · Private nonprofit
Eureka College
Eureka, IL · 522 students · Private nonprofit
Rockford University
Rockford, IL · 972 students · Private nonprofit
University of Illinois Chicago
Chicago, IL · 22,170 students · Public
Northeastern Illinois University
Chicago, IL · 3,982 students · Public
Quincy University
Quincy, IL · 1,010 students · Private nonprofit
Monmouth College
Monmouth, IL · 702 students · Private nonprofit
Millikin University
Decatur, IL · 1,382 students · Private nonprofit
Western Illinois University
Macomb, IL · 4,410 students · Public
University of Illinois Urbana-Champaign
Champaign, IL · 36,258 students · Public
Olivet Nazarene University
Bourbonnais, IL · 2,603 students · Private nonprofit
Trinity Christian College
Palos Heights, IL · 820 students · Private nonprofit
University of Illinois Springfield
Springfield, IL · 2,263 students · Public
Knox College
Galesburg, IL · 1,127 students · Private nonprofit
University of St Francis
Joliet, IL · 1,223 students · Private nonprofit
Augustana College
Rock Island, IL · 2,490 students · Private nonprofit
Blackburn College
Carlinville, IL · 471 students · Private nonprofit
Carl Sandburg College
Galesburg, IL · 1,051 students · Public
Morton College
Cicero, IL · 2,640 students · Public
Waubonsee Community College
Sugar Grove, IL · 5,721 students · Public
Danville Area Community College
Danville, IL · 1,508 students · Public
Chicago State University
Chicago, IL · 1,384 students · Public
Concordia University-Chicago
River Forest, IL · 1,323 students · Private nonprofit
Governors State University
University Park, IL · 2,556 students · Public
Wheaton College
Wheaton, IL · 2,121 students · Private nonprofit
Southern Illinois University-Carbondale
Carbondale, IL · 8,494 students · Public
College of DuPage
Glen Ellyn, IL · 16,114 students · Public
John A Logan College
Carterville, IL · 2,016 students · Public
When we look at the numbers, Northwestern University stands out with a remarkable average earnings figure of $89,363. In contrast, the University of Illinois Springfield, while a solid choice, has much lower average earnings at $57,103. This gap highlights how important school choice can be in shaping future income potential.
As you weigh these options, consider what matters most for your situation. Are you prioritizing a high graduation rate, like that of the University of Illinois Urbana-Champaign at 85%, or is a lower net price more appealing? Think about the campus culture, location, and financial aid packages you might receive. Each school has its unique strengths, and aligning them with your personal goals is key.
The journey from college to a stable career is critical for many families. Choosing the right business program can set the stage for future success. For instance, a degree from a top-performing school like Northwestern can lead to higher earnings and a strong alumni network, while a more affordable option like the University of Illinois Chicago may provide a different set of advantages. Every family faces these decisions, and understanding the data helps in making an informed choice.
Data Sources
U.S. Dept of Education College Scorecard
Opportunity Insights Mobility Report Card
Social Capital Atlas
Times Higher Education World Rankings
NCES IPEDS
Sources & Citations
David Krug
Co-Founder, CollegeRanker
David Krug is the co-founder of CollegeRanker and a data systems architect focused on making institutional research accessible to families. He builds the data pipelines and ranking algorithms that power CollegeRanker, drawing from federal datasets and Raj Chetty's Opportunity Insights research to measure what traditional rankings ignore: whether a college actually changes a family's economic trajectory.
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