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2022 Best Value Master’s Degree Colleges for Business Administration & Management (Income $0-$30k)

994 Ranked Colleges
121,330 Degrees Awarded
$44,300 Avg Grad Tuition & Fees*
Best Value Business Administration Schools for a Master's For Those Making $0-$30k

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 For Those Making $0-$30k” ranking is one tool we have developed to help in this regard.

Business Administration & Management is one of the most popular majors in the nation, ranking 2nd of all the majors we analyze. In 2019-2020, 404,734 degrees were awarded to students with this major. In 2017-2018, business administration and management graduates who were awarded their degree in 2015-2017, earned an average of $46,740 and had an average of $29,113 in loans still to pay off.

At the master’s degree level specifically, there were 121,330 business administration and management graduates with average earnings and debt of $56,398 and $43,194 respectively.

This year’s “Best Value Business Administration Schools for a Master’s For Those Making $0-$30k” ranking looked at 994 colleges that offer degrees in a bachelor’s in business administration and management. This ranking identifies schools with high-quality business administration and management programs that also have a lower cost than schools of similar quality.

Some of the factors we look at when determining these rankings are overall quality of the business administration and management program at the school and the cost of the school after aid is awarded among other things. Check out our ranking methodology for more information.

One Size Does Not Fit All

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 For Those Making $0-$30k” list, to help you choose the best school for you.

In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Best Value Business Administration Schools for a Master’s For Those Making $0-$30k

The following schools top our list of the Best Best Value Business Administration Schools for a Master’s For Those Making $0-$30k.

Top 25 Best Value Master’s Degree Colleges for Business Administration & Management (Income $0-$30k)

#1

Duke University

Durham, North Carolina

You’ll join some of the best and brightest minds around if you attend Duke University. The school came in at #1 for the Best Value Business Administration Schools for a Master’s For Those Making $0-$30k. Located in Durham, North Carolina, this fairly large private not-for-profit school handed out 750 diplomas to qualified masters’s business administration students in 2019-2020.

Duke did well in our major quality rankings, too. It placed #2 on our “Best Business Administration & Management Master’s Degree Schools” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Duke are $59,140.

Full Duke University Business Administration & Management Report

#2

Yale University

New Haven, Connecticut

You’ll be in good company if you decide to attend Yale University. It ranked #2 on our 2022 Best Value Business Administration Schools for a Master’s For Those Making $0-$30k list. Yale is a private not-for-profit institution located in New Haven, Connecticut. The school has a fairly large population, and it awarded 565 masters’s degrees in 2019-2020.

Yale did well in our major quality rankings, too. It placed #6 on our “Best Business Administration & Management Master’s Degree Schools” list. Average graduate tuition and fees at Yale University are $44,500, but you may pay more or less depending on your major.

Read more about Business Administration & Management at Yale University

#3

University of Pennsylvania

Philadelphia, Pennsylvania

Out of the 994 schools in the Best Value Business Administration Schools for a Master’s For Those Making $0-$30k that were part of this year’s ranking, University of Pennsylvania landed the #3 spot on the list. Philadelphia, Pennsylvania is the setting for this large institution of higher learning. The private not-for-profit school handed out masters’s business administration degrees to 524 students in 2019-2020.

UPenn not only placed well in this ranking. It is also #1 on our “Best Business Administration & Management Master’s Degree Schools” list. Average graduate tuition and fees at University of Pennsylvania are $41,760, but some majors have different tuition rates.

Read more about Business Administration & Management at University of Pennsylvania

#4

Northwestern University

Evanston, Illinois

You’ll be in good company if you decide to attend Northwestern University. It ranked #4 on our 2022 Best Value Business Administration Schools for a Master’s For Those Making $0-$30k list. Northwestern University is a large school located in Evanston, Illinois that handed out 325 masters’s business administration degrees in 2019-2020.

Northwestern also took the #3 spot in our “Best Business Administration & Management Master’s Degree Schools” ranking. Average graduate tuition and fees at Northwestern are $56,567, but you may pay more or less depending on your major.

Read more about Business Administration & Management at Northwestern University

#5

University of Chicago

Chicago, Illinois

You’ll join some of the best and brightest minds around if you attend University of Chicago. The school came in at #5 for the Best Value Business Administration Schools for a Master’s For Those Making $0-$30k. University of Chicago is a fairly large private not-for-profit school situated in Chicago, Illinois. It awarded 228 masters’s business administration degrees in 2019-2020.

In addition to being on our master’s degree business administration students whose families make $0-$30k list, UChicago has also earned the #19 rank in our “Best Business Administration & Management Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UChicago are $61,548.

Read full report on Business Administration & Management at University of Chicago

University of Michigan - Ann Arbor did quite well in the 2022 Best Value Business Administration Schools for a Master’s For Those Making $0-$30k ranking, coming in at #6. University of Michigan - Ann Arbor is a large public school situated in Ann Arbor, Michigan. It awarded 837 masters’s business administration degrees in 2019-2020.

U-M not only placed well in this ranking. It is also #7 on our “Best Business Administration & Management Master’s Degree Schools” 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 Business Administration & Management Report

#7

Washington University in St Louis

Saint Louis, Missouri

Washington University in St Louis did quite well in the 2022 Best Value Business Administration Schools for a Master’s For Those Making $0-$30k ranking, coming in at #7. Located in Saint Louis, Missouri, this fairly large private not-for-profit school handed out 344 diplomas to qualified masters’s business administration students in 2019-2020.

WUSTL also made our “Best Business Administration & Management Master’s Degree Schools” list, coming in at #5. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Washington University in St Louis are $56,562.

Read full report on Business Administration & Management at WUSTL

#8

Brown University

Providence, Rhode Island
Top 10% in overall quality

Brown University landed the #8 spot on the 2022 Best Value Business Administration Schools for a Master’s For Those Making $0-$30k ranking. Brown is located in Providence, Rhode Island and, has a medium-sized student population. In 2019-2020, this school awarded 38 masters’s business administration degrees to qualified students.

In addition to being on this list, Brown is in the top on our “Best Business Administration & Management Master’s Degree Schools” list. It’s in the top 10% of all schools reviewed in that analysis. Average graduate tuition and fees at Brown are $60,363, but some majors have different tuition rates.

Read more about Business Administration & Management at Brown University

#9

Cornell University

Ithaca, New York

With a ranking of #9, Cornell University did quite well on the 2022 Best Value Business Administration Schools for a Master’s For Those Making $0-$30k list. Cornell University is a large school located in Ithaca, New York that handed out 689 masters’s business administration degrees in 2019-2020.

As a testament to the quality of education offered at Cornell, the school also landed the #8 spot in our “Best Business Administration & Management Master’s Degree Schools” ranking. Average graduate tuition and fees at Cornell are $30,042, but you may pay more or less depending on your major.

Read full report on Business Administration & Management at Cornell University

#10

Harvard University

Cambridge, Massachusetts

Harvard University landed the #10 spot on the 2022 Best Value Business Administration Schools for a Master’s For Those Making $0-$30k ranking. Located in Cambridge, Massachusetts, this large private not-for-profit school handed out 1,061 degrees to qualified masters’s business administration students in 2019-2020.

Harvard also took the #9 spot in our “Best Business Administration & Management Master’s Degree Schools” ranking. Average graduate tuition and fees at Harvard are $50,654, but you may pay more or less depending on your major.

Full Harvard Business Administration & Management Report

#11

Georgetown University

Washington, District of Columbia

Georgetown University ranked #11 on this year’s Best Value Business Administration Schools for a Master’s For Those Making $0-$30k list. Located in Washington, District of Columbia, this fairly large private not-for-profit school handed out 425 diplomas to qualified masters’s business administration students in 2019-2020.

Georgetown did well in our major quality rankings, too. It placed #11 on our “Best Business Administration & Management Master’s Degree Schools” list. Average graduate tuition and fees at Georgetown are $53,591, but some majors have different tuition rates.

Read more about Business Administration & Management at Georgetown University

#12

University of North Carolina at Chapel Hill

Chapel Hill, North Carolina

University of North Carolina at Chapel Hill came in at #12 in this year’s edition of the Best Value Business Administration Schools for a Master’s For Those Making $0-$30k ranking. University of North Carolina at Chapel Hill is a large public school situated in Chapel Hill, North Carolina. It awarded 806 masters’s business administration degrees in 2019-2020.

UNC Chapel Hill also made our “Best Business Administration & Management Master’s Degree Schools” list, coming in at #16. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UNC Chapel Hill are $30,248.

Read full report on Business Administration & Management at UNC Chapel Hill

#13

Rice University

Houston, Texas

Rice University landed the #13 spot on the 2022 Best Value Business Administration Schools for a Master’s For Those Making $0-$30k ranking. Rice is a private not-for-profit institution located in Houston, Texas. The school has a medium-sized population, and it awarded 366 masters’s degrees in 2019-2020.

Rice did well in our major quality rankings, too. It placed #14 on our “Best Business Administration & Management Master’s Degree Schools” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Rice are $47,913.

Read full report on Business Administration & Management at Rice

#14

University of Florida

Gainesville, Florida

University of Florida did quite well in the 2022 Best Value Business Administration Schools for a Master’s For Those Making $0-$30k ranking, coming in at #14. Located in Gainesville, Florida, this large public school handed out 750 diplomas to qualified masters’s business administration students in 2019-2020.

UF excels when it comes to business administration quality. It’s in the top 5% of all schools in this category. Average graduate tuition and fees at UF are $30,130, but you may pay more or less depending on your major.

Read full report on Business Administration & Management at UF

#15

Vanderbilt University

Nashville, Tennessee

Vanderbilt University landed the #15 spot on the 2022 Best Value Business Administration Schools for a Master’s For Those Making $0-$30k ranking. This fairly large school is located in Nashville, Tennessee, and it awarded 139 masters’s business administration degrees in 2019-2020.

Vanderbilt did well in our major quality rankings, too. It placed #21 on our “Best Business Administration & Management Master’s Degree Schools” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Vanderbilt University are $50,624.

Read full report on Business Administration & Management at Vanderbilt University

#16

Dartmouth College

Hanover, New Hampshire

Dartmouth College came in at #16 in this year’s edition of the Best Value Business Administration Schools for a Master’s For Those Making $0-$30k ranking. This medium-sized school is located in Hanover, New Hampshire, and it awarded 150 masters’s business administration degrees in 2019-2020.

Dartmouth also claimed a top spot on our “Best Business Administration & Management Master’s Degree Schools” list. It’s in the top 5% of all schools in this category. Average graduate tuition and fees at Dartmouth College are $58,120, but some majors have different tuition rates.

Read full report on Business Administration & Management at Dartmouth College

#17

Johns Hopkins University

Baltimore, Maryland

Johns Hopkins University came in at #17 in this year’s edition of the Best Value Business Administration Schools for a Master’s For Those Making $0-$30k ranking. Johns Hopkins University is a private not-for-profit institution located in Baltimore, Maryland. The school has a large population, and it awarded 68 masters’s degrees in 2019-2020.

As a testament to the quality of education offered at Johns Hopkins, the school also landed the #20 spot in our “Best Business Administration & Management Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Johns Hopkins are $59,425.

Read full report on Business Administration & Management at Johns Hopkins

University of Illinois at Urbana-Champaign did quite well in the 2022 Best Value Business Administration Schools for a Master’s For Those Making $0-$30k ranking, coming in at #18. Champaign, Illinois is the setting for this large institution of higher learning. The public school handed out masters’s business administration degrees to 695 students in 2019-2020.

In addition to being on our master’s degree business administration students whose families make $0-$30k list, UIUC has also earned the #17 rank in our “Best Business Administration & Management Master’s Degree Schools” ranking. Average graduate tuition and fees at University of Illinois at Urbana-Champaign are $30,083, but some majors have different tuition rates.

Read more about Business Administration & Management at UIUC

#19

University of Notre Dame

Notre Dame, Indiana
#12 in overall quality

With a ranking of #19, University of Notre Dame did quite well on the 2022 Best Value Business Administration Schools for a Master’s For Those Making $0-$30k list. Located in Notre Dame, Indiana, this fairly large private not-for-profit school handed out 286 diplomas to qualified masters’s business administration students in 2019-2020.

In addition to being on our master’s degree business administration students whose families make $0-$30k list, Notre Dame has also earned the #12 rank in our “Best Business Administration & Management Master’s Degree Schools” ranking. Average graduate tuition and fees at University of Notre Dame are $57,522, but you may pay more or less depending on your major.

Read more about Business Administration & Management at University of Notre Dame

University of Washington - Seattle Campus ranked #20 on this year’s Best Value Business Administration Schools for a Master’s For Those Making $0-$30k list. UW Seattle is located in Seattle, Washington and, has a large student population. In 2019-2020, this school awarded 422 masters’s business administration degrees to qualified students.

UW Seattle excels when it comes to business administration quality. It’s in the top 5% of all schools in this category. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Washington - Seattle Campus are $30,294.

Full UW Seattle Business Administration & Management Report

#21

Baruch College

New York, New York

Baruch College did quite well in the 2022 Best Value Business Administration Schools for a Master’s For Those Making $0-$30k ranking, coming in at #21. Located in New York, New York, this fairly large public school awarded 165 diplomas to qualified masters’s business administration students in 2019-2020.

Average graduate tuition and fees at Baruch are $20,880, but some majors have different tuition rates.

Full Baruch College Business Administration & Management Report

#22

Emory University

Atlanta, Georgia

Emory University did quite well in the 2022 Best Value Business Administration Schools for a Master’s For Those Making $0-$30k ranking, coming in at #22. Emory is a fairly large school located in Atlanta, Georgia that handed out 387 masters’s business administration degrees in 2019-2020.

Emory did well in our major quality rankings, too. It placed #22 on our “Best Business Administration & Management Master’s Degree Schools” list. Average graduate tuition and fees at Emory are $44,676, but you may pay more or less depending on your major.

Read more about Business Administration & Management at Emory University

#23

University of California - Berkeley

Berkeley, California

With a ranking of #23, University of California - Berkeley did quite well on the 2022 Best Value Business Administration Schools for a Master’s For Those Making $0-$30k list. University of California - Berkeley is a large public school situated in Berkeley, California. It awarded 306 masters’s business administration degrees in 2019-2020.

On top of its placing in this ranking, UC Berkeley also did well on our “Best Business Administration & Management Master’s Degree Schools” list. It’s in the top 5% of all schools reviewed in that analysis. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of California - Berkeley are $29,347.

Full UC Berkeley Business Administration & Management Report

With a ranking of #24, University of Wisconsin - Madison did quite well on the 2022 Best Value Business Administration Schools for a Master’s For Those Making $0-$30k list. Madison, Wisconsin is the setting for this large institution of higher learning. The public school handed out masters’s business administration degrees to 3 students in 2019-2020.

UW - Madison did well in our major quality rankings, too. It placed #0 on our “Best Business Administration & Management Master’s Degree Schools” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UW - Madison are $25,523.

Read full report on Business Administration & Management at UW - Madison

#25

University of California - Los Angeles

Los Angeles, California

University of California - Los Angeles did quite well in the 2022 Best Value Business Administration Schools for a Master’s For Those Making $0-$30k ranking, coming in at #25. UCLA is a public institution located in Los Angeles, California. The school has a large population, and it awarded 138 masters’s degrees in 2019-2020.

UCLA also claimed a top spot on our “Best Business Administration & Management Master’s Degree Schools” list. It’s in the top 5% of all schools reviewed in that analysis. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UCLA are $28,131.

Full UCLA Business Administration & Management Report

Rest of the Best 50 in Best Value Business Administration Schools for a Master’s For Those Making $0-$30k

Not only did these schools make the top 50 list, but they also landed in the top 15% of this year’s ranking:

#26

University of Maryland - College Park

College Park, Maryland
#29

William & Mary

Williamsburg, Virginia
#30

University of Virginia - Main Campus

Charlottesville, Virginia
#31

University of Minnesota - Twin Cities

Minneapolis, Minnesota
#32

Michigan State University

East Lansing, Michigan
#33

Purdue University - Main Campus

West Lafayette, Indiana
#38

Boston College

Chestnut Hill, Massachusetts
#39

North Carolina State University

Raleigh, North Carolina
#40

University of Georgia

Athens, Georgia
#43

University of Richmond

University of Richmond, Virginia
#44

Farmingdale State College

Farmingdale, New York
#45

Wake Forest University

Winston-Salem, North Carolina
#45

Lehman College

Bronx, New York

Rest of the Top 15% Colleges in Best Value Business Administration Schools for a Master’s For Those Making $0-$30k

While not in the ‘top 50’, these schools make the top 15% of this year’s ranking:

Rank College Location
51 Brooklyn College Brooklyn, NY
52 Massachusetts Maritime Academy Buzzards Bay, MA
53 Michigan Technological University Houghton, MI
54 California State University - Fullerton Fullerton, CA
55 University of Central Florida Orlando, FL
56 Boston University Boston, MA
57 Washington State University Pullman, WA
58 University of California - San Diego La Jolla, CA
59 University of North Florida Jacksonville, FL
60 Virginia Tech Blacksburg, VA
61 Texas A&M University - College Station College Station, TX
62 The University of West Florida Pensacola, FL
63 California State University - Dominguez Hills Carson, CA
64 Truman State University Kirksville, MO
65 Citadel Military College of South Carolina Charleston, SC
Rank College Location
66 University of North Texas Denton, TX
67 Franklin University Columbus, OH
68 University of California - Davis Davis, CA
69 Texas A&M International University Laredo, TX
70 San Diego State University San Diego, CA
71 Missouri University of Science and Technology Rolla, MO
72 University of Wisconsin - La Crosse La Crosse, WI
73 California State University - Long Beach Long Beach, CA
74 California State University - Stanislaus Turlock, CA
75 University of Massachusetts Amherst Amherst, MA
76 California Polytechnic State University - San Luis Obispo San Luis Obispo, CA
77 University of Minnesota - Duluth Duluth, MN
78 Louisiana State University - Shreveport Shreveport, LA
79 The University of Texas at Tyler Tyler, TX
79 University of Wisconsin - Platteville Platteville, WI
81 University of California - Riverside Riverside, CA
82 The University of Tennessee - Knoxville Knoxville, TN
83 Texas Woman’s University Denton, TX
83 California State University - Northridge Northridge, CA
85 University of Wisconsin - River Falls River Falls, WI
85 Texas Tech University Lubbock, TX
87 Western Governors University Salt Lake City, UT
88 Florida Atlantic University Boca Raton, FL
89 California State University - San Bernardino San Bernardino, CA
90 Fairleigh Dickinson University - Metropolitan Campus Teaneck, NJ
Rank College Location
91 Centenary University Hackettstown, NJ
92 Southeastern Oklahoma State University Durant, OK
93 University of Arizona Tucson, AZ
94 The University of Texas at San Antonio San Antonio, TX
95 California State University - Bakersfield Bakersfield, CA
96 University of Southern California Los Angeles, CA
97 University of Wyoming Laramie, WY
98 Purdue University Northwest Hammond, IN
99 University of Wisconsin - Parkside Kenosha, WI
100 Rutgers University - Newark Newark, NJ
101 University of Wisconsin - Eau Claire Eau Claire, WI
102 The University of Texas at Dallas Richardson, TX
103 University of Southern Indiana Evansville, IN
104 University of Utah Salt Lake City, UT
105 Ferris State University Big Rapids, MI
106 Arizona State University - Tempe Tempe, AZ
107 Appalachian State University Boone, NC
108 Oklahoma State University - Main Campus Stillwater, OK
109 University of Rochester Rochester, NY
110 University of Houston Houston, TX
111 University of Maryland - Baltimore County Baltimore, MD
112 Florida Gulf Coast University Fort Myers, FL
113 University of Wisconsin - Green Bay Green Bay, WI
114 University of Connecticut Storrs, CT
115 American Public University System Charles Town, WV
Rank College Location
116 University of Nevada - Las Vegas Las Vegas, NV
117 Oakland University Rochester Hills, MI
118 University of Mississippi University, MS
119 Lehigh University Bethlehem, PA
120 University of South Carolina - Columbia Columbia, SC
121 University of Nebraska - Lincoln Lincoln, NE
121 University of North Carolina at Greensboro Greensboro, NC
123 University of Illinois at Chicago Chicago, IL
124 Iowa State University Ames, IA
125 Southern Illinois University Edwardsville Edwardsville, IL
126 University of Wisconsin - Oshkosh Oshkosh, WI
127 California State University - Sacramento Sacramento, CA
128 University of Houston - Clear Lake Houston, TX
129 The University of Tennessee - Chattanooga Chattanooga, TN
130 The University of Texas of the Permian Basin Odessa, TX
131 Tulane University of Louisiana New Orleans, LA
132 University of Delaware Newark, DE
133 SUNY Polytechnic Institute Utica, NY
134 Northern Illinois University Dekalb, IL
135 Colorado State University - Fort Collins Fort Collins, CO
136 University of Colorado Denver/Anschutz Medical Campus Denver, CO
136 University of Michigan - Dearborn Dearborn, MI
138 University of Iowa Iowa City, IA
139 University of Houston - Victoria Victoria, TX
140 University of Arkansas Fayetteville, AR
Rank College Location
141 Tennessee Wesleyan University Athens, TN
142 SUNY Maritime College Throggs Neck, NY
143 Central Michigan University Mount Pleasant, MI
144 Rutgers University - Camden Camden, NJ
145 University of Northern Iowa Cedar Falls, IA
146 Montclair State University Montclair, NJ
146 University of Alaska Fairbanks Fairbanks, AK
148 College of Staten Island CUNY Staten Island, NY
149 Fayetteville State University Fayetteville, NC
150 California State Polytechnic University - Pomona Pomona, CA

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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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