Small Business in Illinois

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There are schools offering small business classes in Illinois!

You may want to consider online colleges as well!
Great programs and courses just at the click of your finger!

Schools Offering Entrepreneurship Programs in Illinois

Each year, roughly 0.1% of Illinois students graduate with degrees in entrepreneurship. Thus, Illinois' 22 small business schools put out approximately 310 small business professionals each year.

Top Schools

The top-ranked school in Illinois with a small business program is Northwestern University, which is located in Evanston. In 2010, it was ranked 7th nationwide. In 2010, 151 students graduated from Northwestern University's small business program. Students at Northwestern University paid $40,223 per year in tuition fees.

Loyola University Chicago, which is located in Chicago, is the second-ranked school in Illinois that has a small business program. It received a ranking of 28th in the country in 2010. In 2010, 5 students graduated from Loyola University Chicago small business program. The tuition rate at Loyola University Chicago was $32,114 per year.

University of Illinois at Chicago, which was ranked 28th nationwide in 2010, is the third-ranked school in Illinois that has a small business program. It is located in Chicago. In 2010, University of Illinois at Chicago graduated 21 students from its small business programs. University of Illinois at Chicago charged in-state students $12,053 in tuition fees per year.


If you are hoping to attend one of Illinois' small business schools, you can expect to pay an average tuition of $9,677 per year, though tuition can range from $40,223 per year to $2,194 per year. The Illinois small business schools with the highest tuition rates in 2010 were:

  1. Northwestern University - located in Evanston, students are charged $40,223 per year
  2. Loyola University Chicago - located in Chicago, students are charged $32,114 per year
  3. North Central College - located in Naperville, students are charged $28,224 per year

The small business schools in Illinois that charged the lowest tuition rates were:

  1. Elgin Community College - located in Elgin, students are charged $2,194 per year
  2. Waubonsee Community College - located in Sugar Grove, students are charged $2,352 per year
  3. Southwestern Illinois College - located in Belleville, students are charged $2,604 per year

A small business degree from an Illinois school... what next?

In Illinois, the largest numbers of small business professional work in the following counties:

  1. Cook County - 44,560 small business professionals
  2. Lake County - 5,110 small business professionals
  3. Menard County - 2,750 small business professionals

Projected Growth

The US Bureau of Labor Statistics predicts that by 2018, an estimated 57,820 small business professionals will be working in Illinois state. This would require the number of small business professionals to shrink by -1%.


small business professionals in Illinois earn $112,950 per year on average. But, salaries for small business professional can vary. In 2010, small business professional made as little as less than $26,900 per year or as much as more than $162,390 per year in Illinois. On average small business professional earn the most in the following Illinois counties:

  1. Lake County - $121,260 per year
  2. Cook County - $120,660 per year
  3. McLean County - $106,220 per year

On average, small business professionals earn the least in the following Illinois counties:

  1. Vermilion County - $67,940 per year
  2. Clark County - $75,230 per year
  3. Adams County - $75,350 per year

The small business professionals with highest average salaries in Illinois were:

  1. Chief Operating Officer - $112,950 per year

The small business professionals with lowest average salaries in Illinois were:

  1. Chief Operating Officer - $112,950 per year

More Information

For more data regarding a career in entrepreneurship in Illinois and to compare salaries with various related fields such as business administration or marketing, take a look at the graphs and charts below.

Here are the different levels of study available for you to explore.

  • Associate's Degree in Entrepreneurship in Illinois
  • Bachelor's Degree in Entrepreneurship in Illinois
  • Master's Degree in Entrepreneurship in Illinois
  • Certificate in Entrepreneurship in Illinois

Want to study at your own time and pace?

Consider Online Schools as a great alternative flexible option to earn a degree!

View Online Schools
Distance School City State Rating Acceptance Rate Student Population
6,125 miles from location College of DuPage Glen Ellyn IL 13.8242 n/a 27,083
6,104 miles from location University of Illinois at Chicago Chicago IL 70.7646 34% 26,840
6,106 miles from location Northwestern University Evanston IL 92.7945 32% 19,853
6,123 miles from location College of Lake County Grayslake IL 13.4699 n/a 18,092
6,113 miles from location Moraine Valley Community College Palos Hills IL 13.4837 n/a 17,774
6,103 miles from location Loyola University Chicago Chicago IL 72.1483 15% 15,879
6,126 miles from location Harper College Palatine IL 12.7765 n/a 15,711
6,130 miles from location Joliet Junior College Joliet IL 10.654 n/a 15,288
6,221 miles from location Southwestern Illinois College Belleville IL 13.7244 n/a 14,440
6,200 miles from location Illinois Central College Peoria IL 15.7341 n/a 13,049
6,139 miles from location Elgin Community College Elgin IL 15.1103 n/a 11,704
6,146 miles from location Waubonsee Community College Sugar Grove IL 14.036 n/a 10,532
6,134 miles from location Parkland College Champaign IL 15.5147 n/a 9,633
6,138 miles from location Lake Land College Mattoon IL 14.784 n/a 7,945
6,102 miles from location South Suburban College South Holland IL 10.1002 n/a 7,279
6,141 miles from location McHenry County College Crystal Lake IL 13.7359 n/a 6,811
6,248 miles from location Black Hawk College Moline IL 12.4029 n/a 6,267
6,205 miles from location Bradley University Peoria IL 35.5501 24% 5,800
6,173 miles from location Heartland Community College Normal IL 13.4655 n/a 5,266
6,098 miles from location Danville Area Community College Danville IL 12.2748 n/a 3,584
6,129 miles from location North Central College Naperville IL 64.8467 29% 2,798
6,170 miles from location Millikin University Decatur IL 61.8731 28% 2,314

Curious what studying Small Business gets you?

Check out the different options and how they're looking in Illinois

Rank Profession Employment Number Avg Salary Job Growth (past 5 yrs)
General and Operations Managers + 67,340 $112,950 6.3%

Got your degree? Time to find a job!

Below are small business related jobs in Illinois