2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k
With all of the options students have for higher education today, it can be tough to choose which direction to take. College Factual has developed its “Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k” ranking as one item you can use to help make this decision.
In 2019-2020, 404,734 business administration and management students received their degree, making the major the 2nd most popular in the country. 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.
Across the Great Lakes region, there were 49,739 business administration and management graduates with average earnings and debt of $48,112 and $29,067 respectively. At the master’s degree level specifically, there were 16,628 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 For Those Making $30-$48k” ranking analyzed 148 colleges that offered a degree in business administration and management. The schools that top this list are recognized because they have great business administration and management programs and cost less that schools of similar quality.
When determining these rankings, we looked at things such as overall quality of the business administration and management program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.
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One Size Does Not Fit All
The business administration school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k”.
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. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.
Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k
The following schools top our list of the Best Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k.
Top 25 Best Value Master’s Degree Colleges for Business Administration & Management (Income $30-$48k) in the Great Lakes Region
Out of the 148 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, Northwestern University landed the #1 spot on the list. Northwestern is a large school located in Evanston, Illinois that handed out 325 masters’s business administration degrees in 2019-2020.
Northwestern not only placed well in this ranking. It is also #1 on our “Best Business Administration & 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.
Read full report on Business Administration & Management at Northwestern
You’ll be in good company if you decide to attend University of Chicago. It ranked #2 on our 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k list. Located in Chicago, Illinois, this fairly large private not-for-profit school awarded 228 diplomas to qualified masters’s business administration students in 2019-2020.
As a testament to the quality of education offered at UChicago, the school also landed the #5 spot in our “Best Business Administration & 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 Chicago are $61,548.
Read more about Business Administration & Management at University of Chicago
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 located in Ann Arbor, Michigan and, has a large student population. In 2019-2020, this school awarded 837 masters’s business administration degrees to qualified students.
U-M not only placed well in this ranking. It is also #2 on our “Best Business Administration & 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.
Read full report on Business Administration & Management at University of Michigan - Ann Arbor
Out of the 148 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 286 masters’s business administration degrees in 2019-2020.
As a testament to the quality of education offered at Notre Dame, the school also landed the #3 spot in our “Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Notre Dame are $57,522, but some majors have different tuition rates.
You’ll be in good company if you decide to attend University of Wisconsin - Madison. It ranked #5 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 Wisconsin - Madison is a large school located in Madison, Wisconsin that handed out 3 masters’s business administration degrees in 2019-2020.
UW - Madison also made our “Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region” list, coming in at #0. Average graduate tuition and fees at UW - Madison are $25,523, but some majors have different tuition rates.
Full UW - Madison Business Administration & Management Report
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. UIUC is located in Champaign, Illinois and, has a large student population. In 2019-2020, this school awarded 695 masters’s business administration degrees to qualified students.
UIUC also took the #4 spot in our “Best Business Administration & 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.
With a ranking of #7, Purdue University - Main Campus 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. West Lafayette, Indiana is the setting for this large institution of higher learning. The public school handed out masters’s business administration degrees to 152 students in 2019-2020.
As a testament to the quality of education offered at Purdue, the school also landed the #8 spot in our “Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Purdue University - Main Campus are $28,794, but you may pay more or less depending on your major.
Read full report on Business Administration & Management at Purdue
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. Located in Columbus, Ohio, this medium-sized private not-for-profit school awarded 330 diplomas to qualified masters’s business administration students in 2019-2020.
Average graduate tuition and fees at Franklin University are $16,080, but you may pay more or less depending on your major.
Read more about Business Administration & Management at Franklin University
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. Columbus, Ohio is the setting for this large institution of higher learning. The public school handed out masters’s business administration degrees to 298 students in 2019-2020.
Ohio State also took the #7 spot in our “Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Ohio State University - Main Campus are $37,141, but some majors have different tuition rates.
Read more about Business Administration & Management at Ohio State
University of Wisconsin - River Falls ranked #10 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 medium-sized school is located in River Falls, Wisconsin, and it awarded 32 masters’s business administration 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 Business Administration & Management Report
Michigan Technological University ranked #11 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 medium-sized school is located in Houghton, Michigan, and it awarded 24 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 Michigan Tech are $21,996.
Full Michigan Tech Business Administration & Management Report
University of Wisconsin - Platteville landed the #12 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 - Platteville is located in Platteville, Wisconsin and, has a medium-sized student population. In 2019-2020, this school awarded 128 masters’s business administration degrees to qualified students.
UW - Platteville also claimed a top spot on our “Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region” list. It’s ranked in the top 20% of all schools on our “Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at University of Wisconsin - Platteville are $18,226, but you may pay more or less depending on your major.
Full UW - Platteville Business Administration & Management Report
Oakland University landed the #13 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 fairly large school is located in Rochester Hills, Michigan, and it awarded 106 masters’s business administration degrees in 2019-2020.
Oakland also claimed a top spot on our “Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region” list. It’s ranked in the top 20% of all schools on our “Best Business Administration & 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 full report on Business Administration & Management at Oakland University
University of Wisconsin - Eau Claire ranked #14 on this year’s Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k list. UW - Eau Claire is located in Eau Claire, Wisconsin and, has a fairly large student population. In 2019-2020, this school awarded 75 masters’s business administration degrees to qualified students.
As a testament to the quality of education it offers, UW - Eau Claire is also in the top of our “Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region” ranking. It’s in the top 20% of all schools in this category. Average graduate tuition and fees at University of Wisconsin - Eau Claire are $19,430, but some majors have different tuition rates.
Read full report on Business Administration & Management at University of Wisconsin - Eau Claire
University of Wisconsin - La Crosse 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 #15. La Crosse, Wisconsin is the setting for this fairly large institution of higher learning. The public school handed out masters’s business administration degrees to 1 students in 2019-2020.
UW - La Crosse also made our “Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region” list, coming in at #0. 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 Business Administration & Management at University of Wisconsin - La Crosse
University of Wisconsin - Parkside 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 #16. UW - Parkside is a small school located in Kenosha, Wisconsin that handed out 95 masters’s business administration degrees in 2019-2020.
Average graduate tuition and fees at UW - Parkside are $18,768, but you may pay more or less depending on your major.
Read full report on Business Administration & Management at University of Wisconsin - Parkside
Purdue University Northwest 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. Purdue Northwest is a medium-sized public school situated in Hammond, Indiana. It awarded 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.
Read more about Business Administration & Management at Purdue University Northwest
University of Illinois at Chicago ranked #18 on this year’s Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k list. Located in Chicago, Illinois, this large public school handed out 198 diplomas 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.
University of Wisconsin - Green Bay 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. University of Wisconsin - Green Bay is a medium-sized school located in Green Bay, Wisconsin that handed out 14 masters’s business administration degrees in 2019-2020.
Average graduate tuition and fees at University of Wisconsin - Green Bay are $19,126, but you may pay more or less depending on your major.
Read full report on Business Administration & Management at University of Wisconsin - Green Bay
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 #20. This fairly large school is located in Edwardsville, Illinois, and it awarded 80 masters’s business administration degrees in 2019-2020.
Average graduate tuition and fees at SIUE are $9,300, but you may pay more or less depending on your major.
University of Wisconsin - Oshkosh ranked #21 on this year’s Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k list. University of Wisconsin - Oshkosh is a fairly large school located in Oshkosh, Wisconsin that handed out 79 masters’s business administration degrees in 2019-2020.
Average graduate tuition and fees at UW Oshkosh are $18,744, but some majors have different tuition rates.
Read full report on Business Administration & Management at UW Oshkosh
Michigan State University ranked #22 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 large school is located in East Lansing, Michigan, and it awarded 346 masters’s business administration degrees in 2019-2020.
Michigan State also took the #6 spot in our “Best Business Administration & 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 Michigan State University are $37,056.
Read more about Business Administration & Management at Michigan State
With a ranking of #23, 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. UIS 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 University of Illinois at Springfield are $16,757, but you may pay more or less depending on your major.
With a ranking of #24, University of Southern Indiana 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. Evansville, Indiana is the setting for this fairly large institution of higher learning. The public school handed out masters’s business administration degrees to 405 students in 2019-2020.
Average graduate tuition and fees at USI are $20,039, but some majors have different tuition rates.
Read full report on Business Administration & Management at University of Southern Indiana
Northern Illinois University came in at #25 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 Dekalb, Illinois, this fairly large public school awarded 146 diplomas to qualified masters’s business administration students in 2019-2020.
Average graduate tuition and fees at Northern Illinois University are $11,086, but you may pay more or less depending on your major.
Full Northern Illinois University Business Administration & Management Report
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Business Administration & Management students with family income $48-$75k in the Great Lakes Region
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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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