2025 Best Business Master's Degrees in Illinois
Are you in Illinois looking for a school where you can earn a master's degree in business? Start your search for the best business master's degree programs available in Illinois.
The Best Adult Colleges & Careers Guide makes it easy to find information about schools offering business and related master's degree programs. Get detailed information about colleges and universities with these programs, including the number of distance-offered degree completions and more. In the end, you'll have an understanding of which school may be right for you. Click here to learn more about the guide.
Illinois Business Graduate Schools by the Numbers
Master's degree completions in business at institutions in Illinois have been growing over the past 5 years. In 2023, students completed 11,773 business-related master's degree programs that were offered by Illinois colleges and universities. That was an increase of 100% from completions reported in 2019.
Schools with Master's Completions in Business
Est. Total Master's Completions in 2023
Est. Master's Completions (Last 5 Years)
Sponsored
Top Business Master's Degree Programs for Working Adults in Illinois
Franklin University is a top choice for adults who need to balance school with busy lives. Founded in 1902 in Columbus, Ohio, Franklin's main focus has been serving adult students and tailoring education to fit their needs. Nonprofit and accredited by the Higher Learning Commission (hlcommission.org/800.621.7440), Franklin offers more than 20 master's programs, all 100% online with no GMAT/GRE required.
Placement Tests
Master's Completions for 2023
Est. Master's Degree Availability
100%
Private Colleges & Universities Offering Business Master's Degrees in Illinois
There are at least 31 private schools serving Illinois, where students completed 7,453 business master's degree programs. Browse through the listing below to learn more about these private colleges offering business master's programs in Illinois.
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
Franklin offers more than 20 master's degree programs in Illinois. Franklin University is an institutionally accredited nonprofit school where most students attend classes part-time. Most students are adults and all business programs completed were offered online. In 2023, 313 business master's degrees were completed nationwide.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
100%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
Adler University is an institutionally accredited nonprofit school where most students attend classes full-time. Most students are of traditional age and all business programs completed were offered online. In 2023, 7 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
100%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
University of St Francis is an institutionally accredited nonprofit school where most students attend classes full-time. Most students are of traditional age and all business programs completed were offered online. In 2023, 57 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
100%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
Rockford University is an institutionally accredited nonprofit school where most students attend classes full-time. Most students are of traditional age and no business programs completed were offered online. In 2023, 31 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
0%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
Dominican University is an institutionally accredited nonprofit school where most students attend classes full-time. Most students are of traditional age and most business programs completed were offered online. In 2023, 50 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
94%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
Benedictine University is an institutionally accredited nonprofit school where most students attend classes full-time. Most students are of traditional age and most business programs completed were offered online. In 2023, 376 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
68%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
Loyola University Chicago is an institutionally accredited nonprofit school where most students attend classes full-time. Most students are of traditional age and some business programs completed were offered online. In 2023, 361 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
65%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
Lake Forest Graduate School of Management is an institutionally accredited nonprofit school where most students attend classes full-time. Most students are of traditional age and all business programs completed were offered online. In 2023, 88 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
100%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
DePaul University is an institutionally accredited nonprofit school where most students attend classes full-time. Most students are of traditional age and minimal business programs completed were offered online. In 2023, 669 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
16%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
Illinois Institute of Technology is an institutionally accredited nonprofit school where most students attend classes full-time. Most students are of traditional age and some business programs completed were offered online. In 2023, 117 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
44%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
North Central College is an institutionally accredited nonprofit school where most students attend classes full-time. Most students are of traditional age and all business programs completed were offered online. In 2023, 28 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
100%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
Trinity International University-Illinois is an institutionally accredited nonprofit school where most students attend classes full-time. Most students are of traditional age and all business programs completed were offered online. In 2023, 2 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
100%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
Olivet Nazarene University is an institutionally accredited nonprofit school where most students attend classes full-time. Most students are of traditional age and all business programs completed were offered online. In 2023, 94 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
100%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
Concordia University-Chicago is an institutionally accredited nonprofit school where most students attend classes full-time. Most students are of traditional age and all business programs completed were offered online. In 2023, 101 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
100%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
Bradley University is an institutionally accredited nonprofit school where most students attend classes full-time. Most students are of traditional age and no business programs completed were offered online. In 2023, 42 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
0%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
Columbia College Chicago is an institutionally accredited nonprofit school where most students attend classes full-time. Most students are of traditional age and no business programs completed were offered online. In 2023, 10 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
0%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
Roosevelt University is an institutionally accredited nonprofit school where most students attend classes full-time. Most students are of traditional age and most business programs completed were offered online. In 2023, 119 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
76%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
McKendree University is an institutionally accredited nonprofit school where most students attend classes full-time. Most students are of traditional age and all business programs completed were offered online. In 2023, 61 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
100%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
Aurora University is an institutionally accredited nonprofit school where most students attend classes full-time. Most students are of traditional age and all business programs completed were offered online. In 2023, 108 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
100%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
Lewis University is an institutionally accredited nonprofit school where most students attend classes full-time. Most students are of traditional age and all business programs completed were offered online. In 2023, 307 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
98%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
Elmhurst University is an institutionally accredited nonprofit school where most students attend classes full-time. Most students are of traditional age and minimal business programs completed were offered online. In 2023, 109 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
31%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
University of Chicago is an institutionally accredited nonprofit school where most students attend classes full-time. Most students are of traditional age and no business programs completed were offered online. In 2023, 1,260 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
0%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
Saint Xavier University is an institutionally accredited nonprofit school where most students attend classes full-time. Most students are of traditional age and no business programs completed were offered online. In 2023, 59 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
0%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
Northwestern University is an institutionally accredited nonprofit school where most students attend classes full-time. Most students are of traditional age and most business programs completed were offered online. In 2023, 2,865 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
70%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
Greenville University is an institutionally accredited nonprofit school where most students attend classes full-time. Most students are of traditional age and all business programs completed were offered online. In 2023, 16 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
100%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
Quincy University is an institutionally accredited nonprofit school where most students attend classes full-time. Most students are of traditional age and all business programs completed were offered online. In 2023, 24 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
100%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
National Louis University is an institutionally accredited nonprofit school where most students attend classes full-time. Most students are a mixture of traditional and adult aged and all business programs completed were offered online. In 2023, 49 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
100%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
Lincoln Christian University is a non-accredited nonprofit school where most students attend classes full-time. Most students are of traditional age and all business programs completed were offered online. In 2023, 15 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
100%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
Judson University is an institutionally accredited nonprofit school where most students attend classes full-time. Most students are of traditional age and all business programs completed were offered online. In 2023, 29 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
100%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
North Park University is an institutionally accredited nonprofit school where most students attend classes full-time. Most students are of traditional age and most business programs completed were offered online. In 2023, 63 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
86%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
Millikin University is an institutionally accredited nonprofit school where most students attend classes full-time. Most students are of traditional age and no business programs completed were offered online. In 2023, 23 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
0%
Public Colleges & Universities Offering Business Master's Degrees in Illinois
There are 12 public colleges located in Illinois. About 122,371 students were enrolled in graduate programs, and about 4,633 business master's degrees were completed at public colleges in Illinois. Tuition shown reflects in-state rates.
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
Northeastern Illinois University is an institutionally accredited public school where most students attend classes full-time. Most students are a mixture of traditional and adult aged and no business programs completed were offered online. In 2023, 54 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
0%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
Western Illinois University is an institutionally accredited public school where most students attend classes full-time. Most students are of traditional age and all business programs completed were offered online. In 2023, 97 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
100%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
University of Illinois Urbana-Champaign is an institutionally accredited public school where most students attend classes full-time. Most students are of traditional age and all business programs completed were offered online. In 2023, 3,008 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
99%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
Southern Illinois University-Carbondale is an institutionally accredited public school where most students attend classes full-time. Most students are of traditional age and all business programs completed were offered online. In 2023, 51 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
100%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
Illinois State University is an institutionally accredited public school where most students attend classes full-time. Most students are of traditional age and some business programs completed were offered online. In 2023, 108 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
51%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
Chicago State University is an institutionally accredited public school where most students attend classes full-time. Most students are a mixture of traditional and adult aged and no business programs completed were offered online. In 2023, 20 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
0%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
Northern Illinois University is an institutionally accredited public school where most students attend classes full-time. Most students are of traditional age and most business programs completed were offered online. In 2023, 304 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
82%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
Governors State University is an institutionally accredited public school where most students attend classes full-time. Most students are a mixture of traditional and adult aged and minimal business programs completed were offered online. In 2023, 70 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
29%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
University of Illinois Chicago is an institutionally accredited public school where most students attend classes full-time. Most students are of traditional age and no business programs completed were offered online. In 2023, 539 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
0%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
Eastern Illinois University is an institutionally accredited public school where most students attend classes full-time. Most students are of traditional age and all business programs completed were offered online. In 2023, 45 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
100%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
University of Illinois Springfield is an institutionally accredited public school where most students attend classes full-time. Most students are a mixture of traditional and adult aged and all business programs completed were offered online. In 2023, 103 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
100%
Avg. GR Tuition & Fees
School Type
Accredited
Non-Profit
Southern Illinois University-Edwardsville is an institutionally accredited public school where most students attend classes full-time. Most students are of traditional age and all business programs completed were offered online. In 2023, 234 business master's degrees were completed.
Master's Degree Completions for 2023
Est. Online Master's Degree Availability
97%
Affordable Business Master's Degree Programs in Illinois
Wondering what you can expect to pay for a master's degree in business in Illinois? According to graduate tuition data from the U.S. Department of Education College Scorecard, the average tuition at Illinois nonprofit graduate schools offering master's degrees in business or related programs is $20,478. The average tuition at similar for-profit graduate schools in Illinois is N/A.
Nonprofit Graduate School
For-Profit Graduate School
Accredited Colleges Offering Business Master's Degrees in Illinois
Earning a college degree is an investment — and earning a master's degree in business from an institutionally accredited university is one of the best ways to ensure your education is of high quality. Institutionally accredited universities are held to rigorous standards by state and regional bodies and undergo regular reviews to verify that their processes and academic programs meet the proper standards.
Wondering if a certain college or university offering degree programs in Illinois is institutionally accredited? View a list of business master's degree programs at institutionally accredited colleges and universities in Illinois here. We've made it easy to find your school by breaking down the list by school type.
- Franklin University
- Adler University
- Aurora University
- Bradley University
- University of Chicago
- Columbia College Chicago
- Concordia University-Chicago
- DePaul University
- Elmhurst University
- Greenville University
- Benedictine University
- Illinois Institute of Technology
- Judson University
- Lake Forest Graduate School of Management
- Lewis University
- Loyola University Chicago
- McKendree University
- Millikin University
- National Louis University
- North Central College
- North Park University
- Northwestern University
- Olivet Nazarene University
- Quincy University
- Rockford University
- Roosevelt University
- Dominican University
- University of St Francis
- Saint Xavier University
- Trinity International University-Illinois
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