Best Business Schools in Illinois 2023: Degrees, Rating, Fees & More

Last Updated on August 3, 2023 by Sidharth PS

In this post, I’ve compiled a list of best business schools in Illinois. Here, readers will find the following details – rankings, list of business schools, fees/cost, address & contact details, degrees/awards, majors/programs and more.

Top Affordable Business Schools in Illinois for 2022

Rank

College

Fees/Cost

Type of Institute

Degrees & Awards

Address

1 Moraine Valley Community College $1,933 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 9000 W. College Parkway, Palos Hills, Illinois 60465-0937
2 Carl Sandburg College $2,918 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 2400 Tom L. Wilson Boulevard, Galesburg, Illinois 61401
3 City Colleges of Chicago-Wilbur Wright College $3,019 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 4300 N Narragansett, Chicago, Illinois 60634-1500
4 City Colleges of Chicago-Harold Washington College $3,125 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 30 E Lake St, Chicago, Illinois 60601-2449
5 City Colleges of Chicago-Richard J Daley College $3,316 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 7500 S Pulaski Rd, Chicago, Illinois 60652-1299
6 Lewis and Clark Community College $3,939 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 5800 Godfrey Rd, Godfrey, Illinois 62035
7 College of Lake County $4,003 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 19351 W Washington St., Grayslake, Illinois 60030-1198
8 City Colleges of Chicago-Olive-Harvey College $4,452 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 10001 S Woodlawn Ave, Chicago, Illinois 60628-1696
9 Morton College $4,475 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 3801 S Central Ave, Cicero, Illinois 60804-4398
10 Joliet Junior College $4,558 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 1215 Houbolt Rd, Joliet, Illinois 60431-8938
11 Elgin Community College $4,565 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree|Two but less than 4 years certificate 1700 Spartan Drive, Elgin, Illinois 60123-7193
12 Waubonsee Community College $4,615 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree Rte 47 at Waubonsee Drive, Sugar Grove, Illinois 60554-9454
13 Lake Land College $4,846 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 5001 Lake Land Blvd, Mattoon, Illinois 61938
14 City Colleges of Chicago-Harry S Truman College $4,859 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 1145 W Wilson Ave., Chicago, Illinois 60640-6063
15 Richland Community College $4,872 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree One College Park, Decatur, Illinois 62521-8512
16 Danville Area Community College $5,112 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 2000 E Main St, Danville, Illinois 61832-5118
17 Lincoln Land Community College $5,258 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 5250 Shepherd Rd, Springfield, Illinois 62794-9256
18 Triton College $5,396 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 2000 5th Ave, River Grove, Illinois 60171-1995
19 Kaskaskia College $5,398 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 27210 College Rd, Centralia, Illinois 62801
20 City Colleges of Chicago-Kennedy-King College $5,550 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 6301 S Halsted St, Chicago, Illinois 60621-2709
21 Kishwaukee College $5,652 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 21193 Malta Rd, Malta, Illinois 60150-9699
22 McHenry County College $5,706 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 8900 US Hwy 14, Crystal Lake, Illinois 60012-2761
23 Black Hawk College $6,206 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 6600-34th Avenue, Moline, Illinois 61265-5899
24 Illinois Valley Community College $6,209 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree|Two but less than 4 years certificate 815 N Orlando Smith Road, Oglesby, Illinois 61348-9692
25 Rend Lake College $6,327 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 468 N Ken Gray Pkwy, Ina, Illinois 62846
26 Oakton Community College $6,341 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 1600 E Golf Rd., Des Plaines, Illinois 60016-1268
27 College of DuPage $6,388 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 425 Fawell Blvd., Glen Ellyn, Illinois 60137-6599
28 John A Logan College $6,434 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 700 Logan College Drive, Carterville, Illinois 62918-2500
29 Kankakee Community College $6,552 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 100 College Drive, Kankakee, Illinois 60901
30 South Suburban College $6,650 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 15800 South State Street, South Holland, Illinois 60473-1200
31 Highland Community College $6,655 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 2998 W Pearl City Rd, Freeport, Illinois 61032-9341
32 Southwestern Illinois College $6,715 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 2500 Carlyle Ave, Belleville, Illinois 62221-5899
33 Wabash Valley College $6,726 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 2200 College Drive, Mount Carmel, Illinois 62863
34 John Wood Community College $6,735 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 1301 S 48th Street, Quincy, Illinois 62305-8736
35 Frontier Community College $6,747 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 2 Frontier Drive, Fairfield, Illinois 62837
36 Lincoln Trail College $6,813 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 11220 State Hwy 1, Robinson, Illinois 62454
37 William Rainey Harper College $7,080 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 1200 W Algonquin Rd, Palatine, Illinois 60067-7398
38 Olney Central College $7,205 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 305 N West Street, Olney, Illinois 62450
39 Prairie State College $7,274 2-year, Public One but less than two years certificate|Associate’s degree 202 South Halsted Street, Chicago Heights, Illinois 60411-8226
40 Southeastern Illinois College $7,407 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 3575 College Road, Harrisburg, Illinois 62946
41 Sauk Valley Community College $7,469 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 173 Illinois Rt 2, Dixon, Illinois 61021-9112
42 Rock Valley College $7,603 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 3301 N Mulford Rd, Rockford, Illinois 61114-5699
43 Parkland College $7,797 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 2400 W Bradley Ave, Champaign, Illinois 61821-1899
44 Heartland Community College $8,490 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 1500 West Raab Road, Normal, Illinois 61761-9446
45 Spoon River College $8,733 2-year, Public One but less than two years certificate|Associate’s degree 23235 North County 22, Canton, Illinois 61520-8622
46 Illinois Central College $9,370 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 1 College Drive, East Peoria, Illinois 61635-0001
47 Shawnee Community College $9,382 2-year, Public Less than one year certificate|One but less than two years certificate|Associate’s degree 8364 Shawnee College Rd, Ullin, Illinois 62992
48 Saint Augustine College $9,461 4-year, primarily associate’s, Private not-for-profit Associate’s degree|Bachelor’s degree 1345 W. Argyle St., Chicago, Illinois 60640-3501
49 Chicago State University $9,820 4-year, Public Bachelor’s degree|Postbaccalaureate certificate|Master’s degree|Doctor’s degree – research/scholarship|Doctor’s degree – professional practice 9501 S. King Drive, Chicago, Illinois 60628-1598
50 Taylor Business Institute $10,532 2-year, Private for-profit Associate’s degree 180 North Wabash Avenue, Fifth Floor, Chicago, Illinois 60601
51 Midwestern Career College $10,760 2-year, Private for-profit Less than one year certificate|One but less than two years certificate|Associate’s degree 100 S Wacker Dr, LL1-50, Chicago, Illinois 60202
52 Governors State University $11,498 4-year, Public Bachelor’s degree|Postbaccalaureate certificate|Master’s degree|Post-master’s certificate|Doctor’s degree – research/scholarship|Doctor’s degree – professional practice|Doctor’s degree – other 1 University Pky, University Park, Illinois 60484
53 University of Illinois at Springfield $11,534 4-year, Public Bachelor’s degree|Postbaccalaureate certificate|Master’s degree|Post-master’s certificate|Doctor’s degree – research/scholarship One University Plaza, Springfield, Illinois 62703-5407
54 University of Illinois at Chicago $12,322 4-year, Public Bachelor’s degree|Postbaccalaureate certificate|Master’s degree|Post-master’s certificate|Doctor’s degree – research/scholarship|Doctor’s degree – professional practice 601 S Morgan, Chicago, Illinois 60607
55 Fox College $12,380 2-year, Private for-profit One but less than two years certificate|Associate’s degree 6640 S. Cicero, Bedford Park, Illinois 60638
56 Eastern Illinois University $14,146 4-year, Public Bachelor’s degree|Postbaccalaureate certificate|Master’s degree|Post-master’s certificate 600 Lincoln Avenue, Charleston, Illinois 61920
57 University of Illinois at Urbana-Champaign $14,660 4-year, Public Bachelor’s degree|Master’s degree|Post-master’s certificate|Doctor’s degree – research/scholarship|Doctor’s degree – professional practice 601 E John Street, Champaign, Illinois 61820-5711
58 Southern Illinois University-Edwardsville $14,790 4-year, Public Bachelor’s degree|Postbaccalaureate certificate|Master’s degree|Post-master’s certificate|Doctor’s degree – research/scholarship|Doctor’s degree – professional practice|Doctor’s degree – other Il State Rte 157, Edwardsville, Illinois 62026-1259
59 National Louis University $14,848 4-year, Private not-for-profit Associate’s degree|Bachelor’s degree|Postbaccalaureate certificate|Master’s degree|Post-master’s certificate|Doctor’s degree – research/scholarship 122 S Michigan Ave, Chicago, Illinois 60603
60 Principia College $14,894 4-year, Private not-for-profit Bachelor’s degree 1 Maybeck Place, Elsah, Illinois 62028-9799
61 Northeastern Illinois University $14,941 4-year, Public Bachelor’s degree|Master’s degree 5500 N Saint Louis Ave, Chicago, Illinois 60625-4699
62 Saint Xavier University $14,975 4-year, Private not-for-profit Bachelor’s degree|Postbaccalaureate certificate|Master’s degree|Post-master’s certificate 3700 W 103rd St, Chicago, Illinois 60655
63 Western Illinois University $15,802 4-year, Public Bachelor’s degree|Postbaccalaureate certificate|Master’s degree|Doctor’s degree – research/scholarship 1 University Circle, Macomb, Illinois 61455
64 Stautzenberger College-Rockford Career College $16,170 2-year, Private for-profit Less than one year certificate|One but less than two years certificate|Associate’s degree 1130 South Alpine Road Suite 100, Rockford, Illinois 61108-3900
65 Blackburn College $16,175 4-year, Private not-for-profit Bachelor’s degree 700 College Ave, Carlinville, Illinois 62626
66 Southern Illinois University-Carbondale $16,299 4-year, Public One but less than two years certificate|Associate’s degree|Bachelor’s degree|Postbaccalaureate certificate|Master’s degree|Doctor’s degree – research/scholarship|Doctor’s degree – professional practice Lincoln Drive, Carbondale, Illinois 62901-4512
67 Concordia University-Chicago $17,051 4-year, Private not-for-profit Associate’s degree|Bachelor’s degree|Postbaccalaureate certificate|Master’s degree|Post-master’s certificate|Doctor’s degree – research/scholarship 7400 Augusta, River Forest, Illinois 60305-1499
68 Quincy University $17,423 4-year, Private not-for-profit Associate’s degree|Bachelor’s degree|Master’s degree 1800 College Ave, Quincy, Illinois 62301-2699
69 Illinois College $17,594 4-year, Private not-for-profit Bachelor’s degree|Master’s degree 1101 West College Ave, Jacksonville, Illinois 62650-2299
70 University of St Francis $17,687 4-year, Private not-for-profit Less than one year certificate|Bachelor’s degree|Postbaccalaureate certificate|Master’s degree|Post-master’s certificate|Doctor’s degree – research/scholarship|Doctor’s degree – other 500 N Wilcox St, Joliet, Illinois 60435-6188
71 Aurora University $17,906 4-year, Private not-for-profit Bachelor’s degree|Master’s degree|Post-master’s certificate|Doctor’s degree – research/scholarship 347 S Gladstone Ave, Aurora, Illinois 60506-4892
72 Monmouth College $17,992 4-year, Private not-for-profit Bachelor’s degree 700 E Broadway, Monmouth, Illinois 61462-1998
73 MacCormac College $18,061 2-year, Private not-for-profit Associate’s degree 29 E. Madison, Chicago, Illinois 60602-4405
74 Northern Illinois University $18,346 4-year, Public Bachelor’s degree|Master’s degree|Post-master’s certificate|Doctor’s degree – research/scholarship|Doctor’s degree – professional practice 1425 W. Lincoln Hwy., Dekalb, Illinois 60115-2828
75 Hebrew Theological College $18,580 4-year, Private not-for-profit Bachelor’s degree 7135 N Carpenter Rd, Skokie, Illinois 60077
76 Judson University $18,641 4-year, Private not-for-profit Less than one year certificate|Associate’s degree|Two but less than 4 years certificate|Bachelor’s degree|Postbaccalaureate certificate|Master’s degree|Doctor’s degree – research/scholarship 1151 N State St, Elgin, Illinois 60123-1498
77 Lincoln Christian University $18,728 4-year, Private not-for-profit Associate’s degree|Bachelor’s degree|Master’s degree|Doctor’s degree – professional practice 100 Campus View Drive, Lincoln, Illinois 62656-2111
78 Rasmussen College-Illinois $19,004 4-year, primarily associate’s, Private for-profit Less than one year certificate|One but less than two years certificate|Associate’s degree|Bachelor’s degree|Master’s degree 6000 East State Street, 4th Floor, Rockford, Illinois 61108-2513
79 Dominican University $19,280 4-year, Private not-for-profit Bachelor’s degree|Postbaccalaureate certificate|Master’s degree|Post-master’s certificate|Doctor’s degree – research/scholarship 7900 W Division Street, River Forest, Illinois 60305
80 Lewis University $19,520 4-year, Private not-for-profit One but less than two years certificate|Associate’s degree|Bachelor’s degree|Postbaccalaureate certificate|Master’s degree|Post-master’s certificate|Doctor’s degree – research/scholarship|Doctor’s degree – other One University Parkway, Romeoville, Illinois 60446-2200
81 North Park University $20,068 4-year, Private not-for-profit Bachelor’s degree|Master’s degree|Post-master’s certificate|Doctor’s degree – professional practice|Doctor’s degree – other 3225 W Foster Ave, Chicago, Illinois 60625-4895
82 Illinois State University $20,093 4-year, Public Bachelor’s degree|Postbaccalaureate certificate|Master’s degree|Post-master’s certificate|Doctor’s degree – research/scholarship|Doctor’s degree – professional practice North and School Streets, Normal, Illinois 61790-1000
83 Olivet Nazarene University $21,043 4-year, Private not-for-profit Bachelor’s degree|Postbaccalaureate certificate|Master’s degree|Post-master’s certificate|Doctor’s degree – research/scholarship One University Avenue, Bourbonnais, Illinois 60914-2271
84 Eureka College $21,178 4-year, Private not-for-profit Bachelor’s degree 300 E. College Avenue, Eureka, Illinois 61530
85 Trinity International University-Illinois $21,218 4-year, Private not-for-profit Less than one year certificate|Bachelor’s degree|Postbaccalaureate certificate|Master’s degree|Post-master’s certificate|Doctor’s degree – research/scholarship 2065 Half Day Rd, Deerfield, Illinois 60015-1283
86 Greenville University $21,268 4-year, Private not-for-profit Bachelor’s degree|Master’s degree 315 E. College Ave., Greenville, Illinois 62246
87 McKendree University $21,764 4-year, Private not-for-profit Associate’s degree|Bachelor’s degree|Postbaccalaureate certificate|Master’s degree|Post-master’s certificate|Doctor’s degree – research/scholarship 701 College Rd, Lebanon, Illinois 62254-1291
88 Lincoln College $21,797 4-year, Private not-for-profit Associate’s degree|Bachelor’s degree|Master’s degree 300 Keokuk St, Lincoln, Illinois 62656
89 Millikin University $22,138 4-year, Private not-for-profit Less than one year certificate|Bachelor’s degree|Postbaccalaureate certificate|Master’s degree|Doctor’s degree – professional practice 1184 W Main St, Decatur, Illinois 62522-2084
90 Rockford University $22,166 4-year, Private not-for-profit Bachelor’s degree|Master’s degree 5050 E State St, Rockford, Illinois 61108-2311
91 East-West University $22,309 4-year, Private not-for-profit Associate’s degree|Bachelor’s degree 816 S Michigan Ave, Chicago, Illinois 60605
92 Elmhurst University $22,791 4-year, Private not-for-profit Less than one year certificate|Bachelor’s degree|Postbaccalaureate certificate|Master’s degree 190 Prospect Ave, Elmhurst, Illinois 60126-3296
93 Northwestern College $22,903 4-year, primarily associate’s, Private for-profit One but less than two years certificate|Associate’s degree|Bachelor’s degree 7725 South Harlem Avenue, Bridgeview, Illinois 60455
94 Trinity Christian College $23,177 4-year, Private not-for-profit Bachelor’s degree|Master’s degree|Post-master’s certificate 6601 W College Dr, Palos Heights, Illinois 60463-0929
95 Knox College $23,476 4-year, Private not-for-profit Bachelor’s degree 2 E South St, Galesburg, Illinois 61401
96 Roosevelt University $24,036 4-year, Private not-for-profit Associate’s degree|Bachelor’s degree|Postbaccalaureate certificate|Master’s degree|Doctor’s degree – research/scholarship|Doctor’s degree – professional practice 430 S Michigan Ave, Chicago, Illinois 60605-1394
97 Augustana College $24,706 4-year, Private not-for-profit Bachelor’s degree|Master’s degree 639 38th St, Rock Island, Illinois 61201-2296
98 North Central College $25,536 4-year, Private not-for-profit Bachelor’s degree|Postbaccalaureate certificate|Master’s degree 30 N Brainard St, Naperville, Illinois 60540
99 Benedictine University $25,604 4-year, Private not-for-profit Less than one year certificate|Associate’s degree|Bachelor’s degree|Postbaccalaureate certificate|Master’s degree|Doctor’s degree – research/scholarship 5700 College Rd, Lisle, Illinois 60532-0900
100 Lake Forest College $26,148 4-year, Private not-for-profit Bachelor’s degree|Master’s degree 555 N Sheridan Road, Lake Forest, Illinois 60045-2399
101 Northwestern University $26,196 4-year, Private not-for-profit One but less than two years certificate|Bachelor’s degree|Postbaccalaureate certificate|Master’s degree|Post-master’s certificate|Doctor’s degree – research/scholarship|Doctor’s degree – professional practice 633 Clark St, Evanston, Illinois 60208
102 Illinois Institute of Technology $26,708 4-year, Private not-for-profit Bachelor’s degree|Master’s degree|Doctor’s degree – research/scholarship|Doctor’s degree – professional practice 10 West 35th Street, Chicago, Illinois 60616
103 Bradley University $26,791 4-year, Private not-for-profit Bachelor’s degree|Postbaccalaureate certificate|Master’s degree|Post-master’s certificate|Doctor’s degree – professional practice 1501 W BRADLEY AVE, Peoria, Illinois 61625-0001
104 DeVry University-Illinois $28,542 4-year, Private for-profit Less than one year certificate|One but less than two years certificate|Associate’s degree|Bachelor’s degree|Postbaccalaureate certificate|Master’s degree 3300 N. Campbell Ave., Chicago, Illinois 60618
105 Wheaton College $28,795 4-year, Private not-for-profit Bachelor’s degree|Postbaccalaureate certificate|Master’s degree|Doctor’s degree – research/scholarship|Doctor’s degree – professional practice 501 College Ave, Wheaton, Illinois 60187-5593
106 Illinois Wesleyan University $28,912 4-year, Private not-for-profit Bachelor’s degree 1312 N Park St, Bloomington, Illinois 61702-2900
107 DePaul University $32,022 4-year, Private not-for-profit Less than one year certificate|One but less than two years certificate|Bachelor’s degree|Postbaccalaureate certificate|Master’s degree|Post-master’s certificate|Doctor’s degree – research/scholarship|Doctor’s degree – professional practice 1 E Jackson Blvd, Chicago, Illinois 60604
108 Columbia College Chicago $32,111 4-year, Private not-for-profit Bachelor’s degree|Postbaccalaureate certificate|Master’s degree 600 South Michigan, Chicago, Illinois 60605-1996
109 University of Chicago $34,719 4-year, Private not-for-profit Bachelor’s degree|Postbaccalaureate certificate|Master’s degree|Post-master’s certificate|Doctor’s degree – research/scholarship|Doctor’s degree – professional practice 5801 S Ellis Ave, Chicago, Illinois 60637
110 Loyola University Chicago $36,388 4-year, Private not-for-profit Less than one year certificate|One but less than two years certificate|Associate’s degree|Two but less than 4 years certificate|Bachelor’s degree|Postbaccalaureate certificate|Master’s degree|Post-master’s certificate|Doctor’s degree – research/scholarship|Doctor’s degree – professional practice 1032 W. Sheridan Rd, Chicago, Illinois 60660
111 Adler University NA 4-year, Private not-for-profit Master’s degree|Post-master’s certificate|Doctor’s degree – research/scholarship|Doctor’s degree – professional practice 17 North Dearborn Street, Chicago, Illinois 60602
112 CALC Institute of Technology NA < 2-year, Private for-profit Less than one year certificate|One but less than two years certificate 200A North Center Dr, Alton, Illinois 62002
113 Lake Forest Graduate School of Management NA 4-year, Private not-for-profit Postbaccalaureate certificate|Master’s degree 1905 W. Field Court, Lake Forest, Illinois 60045
114 The Chicago School of Professional Psychology at Chicago NA 4-year, Private not-for-profit Bachelor’s degree|Master’s degree|Post-master’s certificate|Doctor’s degree – research/scholarship|Doctor’s degree – professional practice 325 N Wells Street, Chicago, Illinois 60654
115 University of Phoenix-Illinois NA 4-year, Private for-profit Bachelor’s degree|Master’s degree 203 N LaSalle Street, Chicago, Illinois 60601-1210

You may also check – Distance learning colleges in Illinois

  For ranking colleges, we have used the ‘affordability’ factor. With each passing year, cost of higher-education is rising. Keeping this fact in mind, we have decided to rank institutes on the basis of cost/expenses and affordability.

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