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2024 Best Business Administration & Management Master's Degree Schools in the Great Lakes Region

143 Colleges in the Great Lakes Region
17,717 Master's Degrees
$69,361 Avg Early-Career Salary
Business Administration & Management is of the hottest master's degree programs in the United States, coming in as the #1 most popular major in the country. This makes choosing the right school a hard decision.

College Factual looked at 143 colleges and universities when compiling its 2024 Best Business Administration & Management Master's Degree Schools in the Great Lakes Region ranking. When you put them all together, these colleges and universities awarded 17,717 master's degrees in business administration & management during the 2020-2021 academic year.

What's on this page: * Our Methodology

Choosing a Great Business Administration & Management School for Your Master's Degree

Best Business Administration & Management Master's Degree Schools in the Great Lakes Region The business administration master's degree program you select can have a big impact on your future. Important measures of a quality business administration program can vary widely even among the top schools. When choosing a school we recommend considering some of the following factors:

Quality Overall Is Important

The overall quality of a master's degree school is important to ensure a good education, not just how well they do in a particular major. To account for this we include a college's overall Best Colleges for a Master's Degree ranking which itself looks at a host of different factors like degree completion, educational resources, student body caliber and post-graduation earnings for the school as a whole.

Average Earnings

To determine the overall quality of a graduate school, one factor we look at is the average early-career salary of those receiving their master's degree from the school. This is because one of the main reasons people pursue their master's degree is to enable themselves to find better-paying positions.

Other Factors We Consider

The metrics below are just some of the other metrics that we use to determine our rankings.

Our complete ranking methodology documents in more detail how we consider these factors to identify the best schools for business administration & management students working on their master's degree.

One Size Does Not Fit All

Rankings by Location Check Out Other Locales
More Business Administration Rankings Other Ranking Categories

Since the program you select can have a significant impact on your future, we've developed a number of rankings, including this Best Business Administration & Management Master's Degree Schools in the Great Lakes Region list, to help you choose the best school for you.


 

Best Schools for Master’s Students to Study Business Administration & Management in the Great Lakes Region

Below you'll see a list of the best colleges and universities for pursuing a master's degree in business administration & management. Only those schools that rank in the top 15% of all the schools we analyze get awarded with a place on this list.

21 Top Great Lakes Region Schools for a Master's in Business Administration

1

It's hard to beat Northwestern University if you want to pursue a master's degree in business administration & management. Located in the small city of Evanston, Northwestern is a private not-for-profit university with a very large student population.

Those business administration & management students who get their master's degree from Northwestern University receive $51,348 more than the standard business administration student.

More information about a master’s in business administration & management from Northwestern University

2

It is hard to beat University of Michigan - Ann Arbor if you want to pursue a master's degree in business administration & management. Located in the medium-sized city of Ann Arbor, U-M is a public university with a fairly large student population.

Master's recipients from the business administration & management degree program at University of Michigan - Ann Arbor make $70,433 more than the average graduate in this field shortly after graduation.

More information about a master’s in business administration & management from University of Michigan - Ann Arbor

3
180 Annual Graduates

University of Notre Dame is one of the finest schools in the United States for getting a master's degree in business administration & management. Notre Dame is a fairly large private not-for-profit university located in the large suburb of Notre Dame.More information about a master’s in business administration & management from University of Notre Dame

4
1,079 Annual Graduates
$96,177 Median Starting Salary

It's difficult to beat University of Illinois at Urbana-Champaign if you wish to pursue a master's degree in business administration & management. UIUC is a very large public university located in the city of Champaign.

Business Administration & Management master's degree recipients from University of Illinois at Urbana-Champaign earn a boost of about $26,816 above the typical earnings of business administration & management graduates.

More information about a master’s in business administration & management from University of Illinois at Urbana-Champaign

5

UChicago is a large private not-for-profit university located in the large city of Chicago.

Business Administration & Management master's degree recipients from University of Chicago earn a boost of about $90,316 above the typical earnings of business administration & management graduates.

More information about a master’s in business administration & management from University of Chicago

6
Michigan State crest
Michigan State University
East Lansing, MI

Michigan State is a fairly large public university located in the city of East Lansing.

Those business administration & management students who get their master's degree from Michigan State University make $32,502 more than the standard business administration grad.

More information about a master’s in business administration & management from Michigan State University

7

Located in the large city of Columbus, Ohio State is a public university with a very large student population.

Those business administration & management students who get their master's degree from Ohio State University - Main Campus receive $22,278 more than the standard business administration student.

More information about a master’s in business administration & management from Ohio State University - Main Campus

8

Located in the small city of West Lafayette, Purdue is a public university with a fairly large student population.

Those business administration & management students who get their master's degree from Purdue University - Main Campus earn $21,949 more than the typical business administration student.

More information about a master’s in business administration & management from Purdue University - Main Campus

9
DePaul crest
DePaul University
Chicago, IL

DePaul is a fairly large private not-for-profit university located in the large city of Chicago.

Master's recipients from the business administration & management program at DePaul University make $26,548 more than the standard graduate in this field shortly after graduation.

More information about a master’s in business administration & management from DePaul University

10
7 Annual Graduates

UW - Madison is a fairly large public university located in the large city of Madison.More information about a master’s in business administration & management from University of Wisconsin - Madison

11

Loyola Chicago is a large private not-for-profit university located in the city of Chicago.

Business Administration & Management master's degree recipients from Loyola University Chicago get an earnings boost of around $9,475 over the typical income of business administration & management graduates.

More information about a master’s in business administration & management from Loyola University Chicago

12

Located in the large city of Cleveland, Case Western is a private not-for-profit university with a fairly large student population.

Business Administration & Management master's degree recipients from Case Western Reserve University earn a boost of about $12,066 above the average income of business administration & management graduates.

More information about a master’s in business administration & management from Case Western Reserve University

13
Marquette crest
Marquette University
Milwaukee, WI

Marquette is a large private not-for-profit university located in the city of Milwaukee.

Master's recipients from the business administration & management program at Marquette University earn $26,419 more than the average college grad in this field when they enter the workforce.

More information about a master’s in business administration & management from Marquette University

14

IWU is a fairly large private not-for-profit university located in the rural area of Marion.

Soon after graduation, business administration master's recipients usually make about $68,657 in the first five years of their career.

More information about a master’s in business administration & management from Indiana Wesleyan University - National & Global

15

Located in the city of Cincinnati, UC is a public university with a very large student population.

Those business administration & management students who get their master's degree from University of Cincinnati - Main Campus receive $8,968 more than the typical business administration graduate.

More information about a master’s in business administration & management from University of Cincinnati - Main Campus

16

Located in the town of Athens, OHIO Athens is a public university with a very large student population.

Business Administration & Management master's degree recipients from Ohio University - Athens Campus earn a boost of approximately $20,656 above the average earnings of business administration & management majors.

More information about a master’s in business administration & management from Ohio University - Athens Campus

17
Central Michigan crest
Central Michigan University
Mount Pleasant, MI

Located in the distant town of Mount Pleasant, Central Michigan is a public university with a fairly large student population.

Master's students who receive their degree from the business administration program make around $70,324 in the first couple years of working.

More information about a master’s in business administration & management from Central Michigan University

18
Xavier crest
Xavier University
Cincinnati, OH

Located in the city of Cincinnati, Xavier is a private not-for-profit university with a medium-sized student population.

Those business administration & management students who get their master's degree from Xavier University receive $13,674 more than the average business administration student.

More information about a master’s in business administration & management from Xavier University

19

Located in the town of Oxford, Miami University - Oxford is a public university with a large student population.

Master's recipients from the business administration & management program at Miami University - Oxford get $34,911 above the average college graduate with the same degree shortly after graduation.

More information about a master’s in business administration & management from Miami University - Oxford

20

Located in the distant town of Platteville, UW - Platteville is a public university with a moderately-sized student population.

Master's recipients from the business administration & management major at University of Wisconsin - Platteville make $19,985 more than the average graduate in this field shortly after graduation.

More information about a master’s in business administration & management from University of Wisconsin - Platteville

21
Elmhurst crest
Elmhurst University
Elmhurst, IL

Located in the suburb of Elmhurst, Elmhurst is a private not-for-profit university with a small student population.

Students who graduate with their master's from the business administration program report average early career earnings of $69,792.

More information about a master’s in business administration & management from Elmhurst University

Rest of the Top Best Business Administration & Management Master's Degree Schools in the Great Lakes Region


 

Honorable Mentions

These are some additional schools worth mentioning that are also great but just didn't quite make the cut to earn our top Best Business Administration & Management Master's Degree Schools in the Great Lakes Region award.

Rank College Location
26 Ashland University Ashland, OH
27 Bowling Green State University - Main Campus Bowling Green, OH
28 Western Michigan University Kalamazoo, MI
22 Kettering University Flint, MI
23 University of Dayton Dayton, OH
24 Oakland University Rochester Hills, MI
25 Milwaukee School of Engineering Milwaukee, WI

Best Business Administration & Management Colleges by State

Explore the best business administration & management colleges for a specific state in the Great Lakes Region .

State Colleges Degrees Awarded
Illinois 221 6,404
Michigan 211 3,723
Ohio 207 3,539
Indiana 191 2,542
Wisconsin 173 1,506

View All Rankings >

One of 21 majors within the Business, Management & Marketing area of study, Business Administration & Management has other similar majors worth exploring.

Business Administration Concentrations

Major Annual Graduates
General Business Administration and Management 15,054
Organizational Leadership 958
Interior Design Management 769
Non-Profit/Public/Organizational Management 350
Project Management 207
Supply Chain Management 198
Operations Management 123
Research and Development Management 20
Science/Technology Management 19
Purchasing, Procurement/Acquisitions and Contracts Management 15

Related Major Annual Graduates
Management Sciences & Quantitative Methods 5,101
General Business/Commerce 2,132
Accounting 2,048
Human Resource Management 1,279
Marketing 699
Finance & Financial Management 630
Management Information Systems 240
Taxation 127
Other Business, Management & Marketing 115
Real Estate 58

Notes and References

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