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2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region

126 Ranked Colleges
14,102 Degrees Awarded
$12,100 Avg Grad Tuition & Fees*
Best Value Business Administration Schools for a Master's in the Great Lakes Region

With all of the options students have for higher education today, it can be tough to choose which direction to take. 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” ranking is one tool we have developed to help in this regard.

In 2019-2020, 343,202 general business administration and management students received their degree, making the major the 1st most popular in the country.

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.

This year’s “Best Value Business Administration Schools for a Master’s in the Great Lakes Region” ranking looked at 126 colleges that offer degrees in a bachelor’s in general business administration and management. The schools that top this list are recognized because they have great general business administration and management programs and 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. Check out our ranking methodology for more information.

More Ways to Rank General Business Administration and Management Schools

When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Business Administration Schools for a Master’s in the Great Lakes Region” list to help you make the college decision.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. 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

The colleges and universities below are the best for great lakes region master’s degree business administration students.

Top 25 Best Value Master’s Degree Colleges for General Business Administration and Management in the Great Lakes Region

#1

Ashland University

Ashland, Ohio
#20 in overall quality

You’ll be in good company if you decide to attend Ashland University. It ranked #1 on our 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region list. Located in Ashland, Ohio, this small private not-for-profit school awarded 359 degrees to qualified masters’s business administration students in 2019-2020.

Ashland also took the #20 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 Ashland are $6,444, but you may pay more or less depending on your major.

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

#2

Kettering University

Flint, Michigan
#18 in overall quality

Out of the 126 schools in the Best Value Business Administration Schools for a Master’s in the Great Lakes Region that were part of this year’s ranking, Kettering University landed the #2 spot on the list. Kettering is located in Flint, Michigan and, has a small student population. In 2019-2020, this school awarded 41 masters’s business administration degrees to qualified students.

As a testament to the quality of education offered at Kettering, the school also landed the #18 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 Kettering University are $15,252, but you may pay more or less depending on your major.

Full Kettering University General Business Administration and Management Report

#3

Illinois State University

Normal, Illinois
Top 25% in overall quality

You’ll be in good company if you decide to attend Illinois State University. It ranked #3 on our 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region list. Normal, Illinois is the setting for this large institution of higher learning. The public school handed out masters’s business administration degrees to 104 students in 2019-2020.

Average graduate tuition and fees at Illinois State University are $11,069, but some majors have different tuition rates.

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

#4

Ferris State University

Big Rapids, Michigan

You’ll join some of the best and brightest minds around if you attend Ferris State University. The school came in at #4 for the Best Value Business Administration Schools for a Master’s in the Great Lakes Region. Ferris State University is a fairly large public school situated in Big Rapids, Michigan. It awarded 23 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 Ferris are $7,908.

Read full report on General Business Administration and Management at Ferris State University

#17 in overall quality

Out of the 126 schools in the Best Value Business Administration Schools for a Master’s in the Great Lakes Region that were part of this year’s ranking, Indiana Wesleyan University - National & Global landed the #5 spot on the list. Located in Marion, Indiana, this fairly large private not-for-profit school awarded 330 diplomas to qualified masters’s business administration students in 2019-2020.

In addition to being on our great lakes region master’s degree business administration students list, IWU has also earned the #17 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 Indiana Wesleyan University - National & Global are $11,977, but you may pay more or less depending on your major.

Read full report on General Business Administration and Management at Indiana Wesleyan University - National & Global

#6

Concordia University, Chicago

River Forest, Illinois

Concordia University, Chicago 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 ranking. Concordia University, Chicago is a medium-sized school located in River Forest, Illinois that handed out 154 masters’s business administration degrees in 2019-2020.

Average graduate tuition and fees at Concordia University, Chicago are $9,378, but some majors have different tuition rates.

Full Concordia University, Chicago General Business Administration and Management Report

Grace College and Theological Seminary landed the #7 spot on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region ranking. Located in Winona Lake, Indiana, this small private not-for-profit school handed out 33 degrees to qualified masters’s business administration students in 2019-2020.

Average graduate tuition and fees at Grace College are $7,872, but some majors have different tuition rates.

Read full report on General Business Administration and Management at Grace College and Theological Seminary

#8

Northern Illinois University

Dekalb, Illinois

Northern Illinois University did quite well in the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region ranking, coming in at #8. NIU is located in Dekalb, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 146 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 NIU are $11,086.

Full Northern Illinois University General Business Administration and Management Report

Baldwin Wallace University ranked #9 on this year’s Best Value Business Administration Schools for a Master’s in the Great Lakes Region list. Baldwin Wallace University is a small school located in Berea, Ohio that handed out 36 masters’s business administration degrees in 2019-2020.

Average graduate tuition and fees at Baldwin Wallace University are $11,191, but you may pay more or less depending on your major.

Read full report on General Business Administration and Management at Baldwin Wallace University

#10

Spring Arbor University

Spring Arbor, Michigan

Spring Arbor University did quite well in the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region ranking, coming in at #10. This small school is located in Spring Arbor, Michigan, and it awarded 52 masters’s business administration degrees in 2019-2020.

Average graduate tuition and fees at Spring Arbor are $8,232, but some majors have different tuition rates.

Read more about General Business Administration and Management at Spring Arbor University

#11

Central Michigan University

Mount Pleasant, Michigan
#13 in overall quality

Central Michigan University did quite well in the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region ranking, coming in at #11. Mount Pleasant, Michigan is the setting for this fairly large institution of higher learning. The public school handed out masters’s business administration degrees to 326 students in 2019-2020.

Central Michigan not only placed well in this ranking. It is also #13 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 Central Michigan are $19,359.

Read full report on General Business Administration and Management at Central Michigan

#12

Viterbo University

La Crosse, Wisconsin

Viterbo University did quite well in the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region ranking, coming in at #12. Located in La Crosse, Wisconsin, this small private not-for-profit school handed out 70 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 Viterbo are $9,312.

Read more about General Business Administration and Management at Viterbo

#13

Mount Vernon Nazarene University

Mount Vernon, Ohio

Mount Vernon Nazarene University ranked #13 on this year’s Best Value Business Administration Schools for a Master’s in the Great Lakes Region list. Mount Vernon Nazarene University is a private not-for-profit institution located in Mount Vernon, Ohio. The school has a small population, and it awarded 66 masters’s degrees in 2019-2020.

Average graduate tuition and fees at MVNU are $8,964, but some majors have different tuition rates.

Read more about General Business Administration and Management at MVNU

#14

Saint Norbert College

De Pere, Wisconsin

Saint Norbert College did quite well in the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region ranking, coming in at #14. This small school is located in De Pere, Wisconsin, and it awarded 25 masters’s business administration degrees in 2019-2020.

Average graduate tuition and fees at Saint Norbert College are $11,363, but some majors have different tuition rates.

Read full report on General Business Administration and Management at SNC

#15

Otterbein University

Westerville, Ohio

Otterbein University did quite well in the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region ranking, coming in at #15. Otterbein is located in Westerville, Ohio and, has a small student population. In 2019-2020, this school awarded 23 masters’s business administration degrees to qualified students.

Average graduate tuition and fees at Otterbein University are $6,767, but you may pay more or less depending on your major.

Full Otterbein General Business Administration and Management Report

#16

Concordia University, Wisconsin

Mequon, Wisconsin

Concordia University, Wisconsin landed the #16 spot on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region ranking. Concordia University, Wisconsin is located in Mequon, Wisconsin and, has a medium-sized student population. In 2019-2020, this school awarded 160 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 Concordia University, Wisconsin are $11,460.

Read more about General Business Administration and Management at Concordia University, Wisconsin

#17

Cardinal Stritch University

Milwaukee, Wisconsin

Cardinal Stritch University did quite well in the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region ranking, coming in at #17. Cardinal Stritch is a small private not-for-profit school situated in Milwaukee, Wisconsin. It awarded 105 masters’s business administration degrees in 2019-2020.

Average graduate tuition and fees at Cardinal Stritch University are $11,760, but some majors have different tuition rates.

Full Cardinal Stritch University General Business Administration and Management Report

#18

Bradley University

Peoria, Illinois
#21 in overall quality

Bradley University ranked #18 on this year’s Best Value Business Administration Schools for a Master’s in the Great Lakes Region list. Bradley University is located in Peoria, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 25 masters’s business administration degrees to qualified students.

Bradley did well in our major quality rankings, too. It placed #21 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 Bradley University are $17,040.

Full Bradley University General Business Administration and Management Report

#19

Valparaiso University

Valparaiso, Indiana

Valparaiso University ranked #19 on this year’s Best Value Business Administration Schools for a Master’s in the Great Lakes Region list. Valpo is a small private not-for-profit school situated in Valparaiso, Indiana. It awarded 14 masters’s business administration degrees in 2019-2020.

Average graduate tuition and fees at Valparaiso University are $12,220, but you may pay more or less depending on your major.

Full Valpo General Business Administration and Management Report

#20

Lewis University

Romeoville, Illinois
Top 25% in overall quality

Lewis University ranked #20 on this year’s Best Value Business Administration Schools for a Master’s in the Great Lakes Region list. Lewis is located in Romeoville, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 100 masters’s business administration degrees to qualified students.

Average graduate tuition and fees at Lewis are $14,780, but you may pay more or less depending on your major.

Read more about General Business Administration and Management at Lewis University

#21

Purdue University Northwest

Hammond, Indiana

Purdue University Northwest ranked #21 on this year’s Best Value Business Administration Schools for a Master’s in the Great Lakes Region list. Located in Hammond, Indiana, this medium-sized public school handed out 69 degrees to qualified masters’s business administration students in 2019-2020.

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

Read full report on General Business Administration and Management at Purdue Northwest

#22

John Carroll University

University Heights, Ohio
#23 in overall quality

John Carroll University came in at #22 in this year’s edition of the Best Value Business Administration Schools for a Master’s in the Great Lakes Region ranking. John Carroll is a small school located in University Heights, Ohio that handed out 87 masters’s business administration degrees in 2019-2020.

John Carroll also made our “Best General Business Administration and Management Master’s Degree Schools in the Great Lakes Region” list, coming in at #23. Average graduate tuition and fees at John Carroll are $15,957, but you may pay more or less depending on your major.

Full John Carroll University General Business Administration and Management Report

#23

Purdue University Global

Indianapolis, Indiana

Purdue University Global ranked #23 on this year’s Best Value Business Administration Schools for a Master’s in the Great Lakes Region list. Purdue University Global is a large public school situated in Indianapolis, Indiana. It awarded 356 masters’s business administration degrees in 2019-2020.

Average graduate tuition and fees at Purdue University Global are $10,674, but you may pay more or less depending on your major.

Full Purdue University Global General Business Administration and Management Report

#24

Aurora University

Aurora, Illinois

Aurora University did quite well in the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region ranking, coming in at #24. Aurora University is located in Aurora, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 146 masters’s business administration degrees to qualified students.

Average graduate tuition and fees at Aurora University are $13,200, but some majors have different tuition rates.

Full Aurora General Business Administration and Management Report

#25

Marquette University

Milwaukee, Wisconsin
#9 in overall quality

With a ranking of #25, Marquette University did quite well on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region list. Marquette is a private not-for-profit institution located in Milwaukee, Wisconsin. The school has a fairly large population, and it awarded 74 masters’s degrees in 2019-2020.

In addition to being on our great lakes region master’s degree business administration students list, Marquette has also earned the #9 rank 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 Marquette University are $21,690.

Read more about General Business Administration and Management at Marquette

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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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