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2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k

131 Ranked Colleges
14,102 Degrees Awarded
$27,000 Avg Grad Tuition & Fees*
Best Value Business Administration Schools for a Master's in the Great Lakes Region For Those Making $30-$48k

It’s not easy to decide which college to attend when there so many options available for students. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k” ranking is one tool we have developed to help in this regard.

With 343,202 degrees handed out in 2019-2020, general business administration and management is the 1st most popular major in the United States.

Across the Great Lakes region, there were 39,088 general business administration and management graduates with average earnings and debt of $0 and $0 respectively. At the master’s degree level specifically, there were 14,102 general business administration and management graduates with average earnings and debt of $57,039 and $42,488 respectively.

For this year’s “Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k” ranking, we looked at 131 colleges that offer a degree in general business administration and management. Not only do the schools that top this list have excellent general business administration and management programs, but they also cost less that schools of similar quality.

To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the general business administration and management program at the school. For more information, check out our ranking methodology.

More Ways to Rank General Business Administration and Management Schools

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k” list, to help you choose the best school for you.

We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to you. Go ahead and give it a try, or bookmark the link so you can check it out later.

Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k

The colleges and universities below are the best for great lakes region master’s degree business administration students whose families make $30-$48k.

Top 25 Best Value Master’s Degree Colleges for General Business Administration and Management (Income $30-$48k) in the Great Lakes Region

#1

Northwestern University

Evanston, Illinois
#1 in overall quality

You’ll be in good company if you decide to attend Northwestern University. It ranked #1 on our 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k list. Northwestern University is a private not-for-profit institution located in Evanston, Illinois. The school has a large population, and it awarded 306 masters’s degrees in 2019-2020.

Northwestern did well in our major quality rankings, too. It placed #1 on our “Best General Business Administration and Management Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Northwestern University are $56,567, but some majors have different tuition rates.

Full Northwestern University General Business Administration and Management Report

#2

University of Chicago

Chicago, Illinois
#5 in overall quality

Out of the 131 schools in the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k that were part of this year’s ranking, University of Chicago landed the #2 spot on the list. Located in Chicago, Illinois, this fairly large private not-for-profit school awarded 228 degrees to qualified masters’s business administration students in 2019-2020.

UChicago did well in our major quality rankings, too. It placed #5 on our “Best General Business Administration and Management Master’s Degree Schools in the Great Lakes Region” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Chicago are $61,548.

Read full report on General Business Administration and Management at University of Chicago

#2 in overall quality

You’ll be in good company if you decide to attend University of Michigan - Ann Arbor. It ranked #3 on our 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k list. University of Michigan - Ann Arbor is a large public school situated in Ann Arbor, Michigan. It awarded 749 masters’s business administration degrees in 2019-2020.

U-M did well in our major quality rankings, too. It placed #2 on our “Best General Business Administration and Management Master’s Degree Schools in the Great Lakes Region” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Michigan - Ann Arbor are $49,548.

Full U-M General Business Administration and Management Report

#4

University of Notre Dame

Notre Dame, Indiana
#3 in overall quality

Out of the 131 schools in the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k that were part of this year’s ranking, University of Notre Dame landed the #4 spot on the list. Notre Dame is a fairly large private not-for-profit school situated in Notre Dame, Indiana. It awarded 239 masters’s business administration degrees in 2019-2020.

Notre Dame did well in our major quality rankings, too. It placed #3 on our “Best General Business Administration and Management Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Notre Dame are $57,522, but you may pay more or less depending on your major.

Read full report on General Business Administration and Management at Notre Dame

Out of the 131 schools in the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k that were part of this year’s ranking, University of Wisconsin - Madison landed the #5 spot on the list. UW - Madison is a large school located in Madison, Wisconsin that handed out 3 masters’s business administration degrees in 2019-2020.

UW - Madison also took the #0 spot in our “Best General Business Administration and Management Master’s Degree Schools in the Great Lakes Region” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Wisconsin - Madison are $25,523.

Read more about General Business Administration and Management at University of Wisconsin - Madison

#4 in overall quality

University of Illinois at Urbana-Champaign came in at #6 in this year’s edition of the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking. This large school is located in Champaign, Illinois, and it awarded 695 masters’s business administration degrees in 2019-2020.

In addition to being on our great lakes region master’s degree business administration students whose families make $30-$48k list, UIUC has also earned the #4 rank in our “Best General Business Administration and Management Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at UIUC are $30,083, but you may pay more or less depending on your major.

Full UIUC General Business Administration and Management Report

#7

Purdue University - Main Campus

West Lafayette, Indiana
#8 in overall quality

Purdue University - Main Campus landed the #7 spot on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking. Purdue is a large public school situated in West Lafayette, Indiana. It awarded 152 masters’s business administration degrees in 2019-2020.

Purdue not only placed well in this ranking. It is also #8 on our “Best General Business Administration and Management Master’s Degree Schools in the Great Lakes Region” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Purdue University - Main Campus are $28,794.

Read more about General Business Administration and Management at Purdue University - Main Campus

#8

Franklin University

Columbus, Ohio

Franklin University landed the #8 spot on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking. This medium-sized school is located in Columbus, Ohio, and it awarded 330 masters’s business administration degrees in 2019-2020.

Average graduate tuition and fees at Franklin University are $16,080, but some majors have different tuition rates.

Read full report on General Business Administration and Management at Franklin University

#7 in overall quality

Ohio State University - Main Campus came in at #9 in this year’s edition of the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking. Ohio State University - Main Campus is a large public school situated in Columbus, Ohio. It awarded 262 masters’s business administration degrees in 2019-2020.

In addition to being on our great lakes region master’s degree business administration students whose families make $30-$48k list, Ohio State has also earned the #7 rank in our “Best General Business Administration and Management Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Ohio State are $37,141, but you may pay more or less depending on your major.

Read full report on General Business Administration and Management at Ohio State

#10

University of Wisconsin - River Falls

River Falls, Wisconsin

University of Wisconsin - River Falls came in at #10 in this year’s edition of the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking. UW - River Falls is a public institution located in River Falls, Wisconsin. The school has a medium-sized population, and it awarded 32 masters’s degrees in 2019-2020.

Average graduate tuition and fees at UW - River Falls are $18,233, but you may pay more or less depending on your major.

Full UW - River Falls General Business Administration and Management Report

Michigan Technological University did quite well in the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #11. Michigan Tech is a medium-sized public school situated in Houghton, Michigan. It awarded 24 masters’s business administration degrees in 2019-2020.

Average graduate tuition and fees at Michigan Tech are $21,996, but some majors have different tuition rates.

Read full report on General Business Administration and Management at Michigan Technological University

#12

Oakland University

Rochester Hills, Michigan
Top 20% in overall quality

With a ranking of #12, Oakland University did quite well on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k list. Rochester Hills, Michigan is the setting for this fairly large institution of higher learning. The public school handed out masters’s business administration degrees to 106 students in 2019-2020.

Oakland excels when it comes to business administration quality. It’s ranked in the top 20% of all schools on our “Best General Business Administration and Management Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Oakland University are $24,648, but some majors have different tuition rates.

Read more about General Business Administration and Management at Oakland University

#13

University of Wisconsin - Eau Claire

Eau Claire, Wisconsin
#25 in overall quality

University of Wisconsin - Eau Claire did quite well in the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #13. University of Wisconsin - Eau Claire is a public institution located in Eau Claire, Wisconsin. The school has a fairly large population, and it awarded 75 masters’s degrees in 2019-2020.

In addition to being on our great lakes region master’s degree business administration students whose families make $30-$48k list, UW - Eau Claire has also earned the #25 rank in our “Best General Business Administration and Management Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at UW - Eau Claire are $19,430, but you may pay more or less depending on your major.

Full University of Wisconsin - Eau Claire General Business Administration and Management Report

#14

University of Wisconsin - La Crosse

La Crosse, Wisconsin

University of Wisconsin - La Crosse landed the #14 spot on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking. University of Wisconsin - La Crosse is located in La Crosse, Wisconsin and, has a fairly large student population. In 2019-2020, this school awarded 1 masters’s business administration degrees to qualified students.

As a testament to the quality of education offered at UW - La Crosse, the school also landed the #0 spot in our “Best General Business Administration and Management Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at University of Wisconsin - La Crosse are $20,038, but you may pay more or less depending on your major.

Read more about General Business Administration and Management at University of Wisconsin - La Crosse

University of Wisconsin - Parkside came in at #15 in this year’s edition of the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking. University of Wisconsin - Parkside is located in Kenosha, Wisconsin and, has a small student population. In 2019-2020, this school awarded 95 masters’s business administration degrees to qualified students.

Average graduate tuition and fees at UW - Parkside are $18,768, but you may pay more or less depending on your major.

Read more about General Business Administration and Management at University of Wisconsin - Parkside

#16

Purdue University Northwest

Hammond, Indiana

Purdue University Northwest landed the #16 spot on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking. Purdue University Northwest is a medium-sized school located in Hammond, Indiana that handed out 69 masters’s business administration degrees in 2019-2020.

Average graduate tuition and fees at Purdue University Northwest are $11,633, but you may pay more or less depending on your major.

Full Purdue Northwest General Business Administration and Management Report

Top 25% in overall quality

University of Illinois at Chicago came in at #17 in this year’s edition of the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking. Located in Chicago, Illinois, this large public school awarded 198 degrees to qualified masters’s business administration students in 2019-2020.

Average graduate tuition and fees at UIC are $27,036, but you may pay more or less depending on your major.

Read full report on General Business Administration and Management at UIC

Southern Illinois University Edwardsville did quite well in the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #18. Southern Illinois University Edwardsville is a fairly large school located in Edwardsville, Illinois that handed out 80 masters’s business administration degrees in 2019-2020.

Average graduate tuition and fees at SIUE are $9,300, but some majors have different tuition rates.

Read more about General Business Administration and Management at Southern Illinois University Edwardsville

University of Wisconsin - Oshkosh ranked #19 on this year’s Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k list. This fairly large school is located in Oshkosh, Wisconsin, and it awarded 79 masters’s business administration degrees in 2019-2020.

Average graduate tuition and fees at UW Oshkosh are $18,744, but you may pay more or less depending on your major.

Read full report on General Business Administration and Management at UW Oshkosh

#20

Michigan State University

East Lansing, Michigan
#6 in overall quality

Michigan State University landed the #20 spot on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking. Michigan State University is a large school located in East Lansing, Michigan that handed out 75 masters’s business administration degrees in 2019-2020.

Michigan State also took the #6 spot in our “Best General Business Administration and Management Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Michigan State University are $37,056, but some majors have different tuition rates.

Full Michigan State General Business Administration and Management Report

#21

University of Illinois at Springfield

Springfield, Illinois

With a ranking of #21, University of Illinois at Springfield did quite well on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k list. University of Illinois at Springfield is located in Springfield, Illinois and, has a small student population. In 2019-2020, this school awarded 35 masters’s business administration degrees to qualified students.

Average graduate tuition and fees at UIS are $16,757, but some majors have different tuition rates.

Read full report on General Business Administration and Management at University of Illinois at Springfield

#22

University of Southern Indiana

Evansville, Indiana

University of Southern Indiana did quite well in the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #22. Located in Evansville, Indiana, this fairly large public school awarded 405 diplomas to qualified masters’s business administration students in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Southern Indiana are $20,039.

Read full report on General Business Administration and Management at University of Southern Indiana

#23

Northern Illinois University

Dekalb, Illinois

Northern Illinois University landed the #23 spot on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking. Dekalb, Illinois is the setting for this fairly large institution of higher learning. The public school handed out masters’s business administration degrees to 146 students in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at Northern Illinois University are $11,086.

Read full report on General Business Administration and Management at Northern Illinois University

University of Michigan - Dearborn came in at #24 in this year’s edition of the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking. UM Dearborn is a medium-sized public school situated in Dearborn, Michigan. It awarded 70 masters’s business administration degrees in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Michigan - Dearborn are $25,072.

Read full report on General Business Administration and Management at University of Michigan - Dearborn

#25

Ferris State University

Big Rapids, Michigan

Ferris State University landed the #25 spot on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking. Ferris is located in Big Rapids, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 23 masters’s business administration degrees to qualified students.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at Ferris are $7,908.

Full Ferris General Business Administration and Management Report

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Notes and References

References

  • The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
  • Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
  • Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.

Read more about our data sources and methodologies

Footnotes

  • *Average salary, average net price, and average tuition and fees are for the top schools only.
  • Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.

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