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Business Graduate Salaries in Illinois

Federal earnings data for every Illinois college offering Business, ranked by 10-year median graduate salary. Sourced from the U.S. Department of Education's College Scorecard — real tax-reported income, not surveys.

Median earnings
$56,330
10 years after enrollment
Highest-earning school
$89,363
Northwestern University
Schools analyzed
52
in Illinois

Business in Illinois. Business is the most popular bachelor's major in the U.S. (~20% of all degrees), but graduate outcomes vary by 3-4x depending on school. The right school choice matters more here than in almost any other major.

Typical career paths: Financial Analyst, Marketing Manager, Management Consultant, Investment Banker, Operations Manager. Median starting salary range: $55,000–$95,000. School choice can swing graduate earnings by 30–60% — which is why we rank by federal data, not prestige.

Top Business schools in Illinois by graduate earnings
Ranked by 10-year median earnings · all schools have a Business program
#School10-yr earningsNet price/yr
1Northwestern University
Evanston, IL
$89,363$29,167
2Illinois Institute of Technology
Chicago, IL
$82,592$18,425
3University of Illinois Urbana-Champaign
Champaign, IL
$81,054$14,355
4Loyola University Chicago
Chicago, IL
$71,530$36,079
5Illinois Wesleyan University
Bloomington, IL
$70,871$28,199
6DePaul University
Chicago, IL
$68,751$30,902
7University of Illinois Chicago
Chicago, IL
$68,740$10,974
8Bradley University
Peoria, IL
$66,852$22,719
9Lewis University
Romeoville, IL
$66,099$17,028
10University of St Francis
Joliet, IL
$63,926$13,006
11Wheaton College
Wheaton, IL
$63,756$26,975
12Benedictine University
Lisle, IL
$63,446$22,313
13Augustana College
Rock Island, IL
$62,971$22,736
14Illinois State University
Normal, IL
$62,117$19,398
15Lake Forest College
Lake Forest, IL
$61,825$28,673
16Elmhurst University
Elmhurst, IL
$61,462$24,185
17Dominican University
River Forest, IL
$60,327$11,745
18North Central College
Naperville, IL
$60,123$21,044
19North Park University
Chicago, IL
$59,572$16,948
20Aurora University
Aurora, IL
$58,709$18,838
21Saint Xavier University
Chicago, IL
$58,656$10,970
22McKendree University
Lebanon, IL
$58,572$24,717
23Governors State University
University Park, IL
$58,169$12,329
24Northern Illinois University
Dekalb, IL
$57,808$13,391
25University of Illinois Springfield
Springfield, IL
$57,103$9,833

Source: U.S. Department of Education College Scorecard. Earnings are 10-year median income for graduates of each institution (all majors, since program-level earnings are released only for select fields). Refreshed every 24 hours.

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Frequently asked questions

What do Business graduates earn in Illinois?

The median 10-year earnings for Business graduates from Illinois colleges is $56,330, with a range from $29,963 at lower-earning schools to $89,363 at top-earning schools. Source: U.S. Department of Education College Scorecard.

Which Illinois school has the highest Business graduate salary?

Northwestern University ranks first among Illinois schools offering Business, with a 10-year median graduate salary of $89,363.

How is "graduate salary" measured?

These figures come from the U.S. Department of Education's College Scorecard. They reflect actual federal tax-reported income of all graduates 10 years after enrollment — including those who pursued graduate school and those who took industry jobs. They are not survey-based.

Are these salaries adjusted for cost of living?

No. These are raw federal earnings figures. Illinois salaries should be considered in context of local cost of living. For example, $90,000 in California has different purchasing power than $90,000 in North Carolina.

Disclaimer: DecideMyCampus is an independent information aggregation service — not a licensed counselor, advisor, or educational consultant. All data is sourced from publicly available U.S. federal databases (College Scorecard, IPEDS) and is provided for informational purposes only. We do not promote or endorse any institution. Rankings are algorithmic outputs based on federal data — not professional evaluations or guarantees of outcomes. We are not responsible for any college admission, financial, or enrollment decision made using this site. Always verify information directly with institutions and consult licensed professionals. Full Terms · Privacy · Cookies