2022 Best Value Bachelor’s Degree Colleges for Business Administration & Management in Michigan (With Aid)
When it comes to choosing a college, students have a lot of options - but not all of them are good. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Getting Aid” ranking - to help you make that decision.
With 404,734 degrees handed out in 2019-2020, business administration and management is the 2nd most popular major in the United States. 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 Michigan, there were 10,104 business administration and management graduates with average earnings and debt of $52,110 and $27,480 respectively. At the bachelor’s degree level specifically, there were 4,312 business administration and management graduates with average earnings and debt of $40,161 and $25,915 respectively.
This year’s “Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Getting Aid” ranking analyzed 35 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.
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.
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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 Bachelor’s in Michigan For Those Getting Aid”.
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. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.
Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Getting Aid
The following schools top our list of the Best Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Getting Aid.
Top 25 Best Value Bachelor’s Degree Colleges for Business Administration & Management in Michigan (With Aid)
You’ll be in good company if you decide to attend University of Michigan - Ann Arbor. It ranked #1 on our 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Getting Aid list. This large school is located in Ann Arbor, Michigan, and it awarded 596 bachelors’s business administration degrees in 2019-2020.
U-M also made our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” list, coming in at #1. The yearly cost to attend U-M is $15,336 for Michigan Bachelor’s Degree Business Administration students with aid.
Students who start out at the school are likely to stick around. The freshman retention rate is 96%. The low student loan default rate of 1.2% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Out of the 35 schools in the Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Getting Aid that were part of this year’s ranking, Michigan State University landed the #2 spot on the list. This large school is located in East Lansing, Michigan, and it awarded 505 bachelors’s business administration degrees in 2019-2020.
Michigan State also took the #2 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. It costs about $19,173 for Michigan Bachelor’s Degree Business Administration students with aid per year to attend Michigan State.
The school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%.
Full Michigan State Business Administration & Management Report
You’ll be in good company if you decide to attend Ferris State University. It ranked #3 on our 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Getting Aid list. Ferris is a fairly large public school situated in Big Rapids, Michigan. It awarded 257 bachelors’s business administration degrees in 2019-2020.
Ferris did well in our major quality rankings, too. It placed #13 on our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Ferris State University is $12,889 for michigan bachelor’s degree business administration students with aid.
Read full report on Business Administration & Management at Ferris
You’ll join some of the best and brightest minds around if you attend Oakland University. The school came in at #4 for the Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Getting Aid. Rochester Hills, Michigan is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s business administration degrees to 62 students in 2019-2020.
Oakland also took the #12 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Oakland is $11,802 for michigan bachelor’s degree business administration students with aid.
You’ll join some of the best and brightest minds around if you attend University of Michigan - Dearborn. The school came in at #5 for the Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Getting Aid. Dearborn, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s business administration degrees to 26 students in 2019-2020.
UM Dearborn did well in our major quality rankings, too. It placed #16 on our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” list. The estimated yearly cost for UM Dearborn is $11,473 for michigan bachelor’s degree business administration students with aid.
The low student loan default rate of 4.5% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Full University of Michigan - Dearborn Business Administration & Management Report
Central Michigan University did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Getting Aid ranking, coming in at #6. Central Michigan University is a fairly large public school situated in Mount Pleasant, Michigan. It awarded 354 bachelors’s business administration degrees in 2019-2020.
Central Michigan did well in our major quality rankings, too. It placed #10 on our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” list. The estimated yearly cost for Central Michigan is $15,981 for michigan bachelor’s degree business administration students with aid.
Read full report on Business Administration & Management at Central Michigan University
Grand Valley State University did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Getting Aid ranking, coming in at #7. Grand Valley State University is located in Allendale, Michigan and, has a large student population. In 2019-2020, this school awarded 103 bachelors’s business administration degrees to qualified students.
As a testament to the quality of education offered at GVSU, the school also landed the #8 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for GVSU is $17,646 for Michigan Bachelor’s Degree Business Administration students with aid.
The low student loan default rate of 3.7% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Read full report on Business Administration & Management at Grand Valley State University
Michigan Technological University did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Getting Aid ranking, coming in at #8. Houghton, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s business administration degrees to 22 students in 2019-2020.
In addition to being on our michigan bachelor’s degree business administration students with aid list, Michigan Tech has also earned the #7 rank in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Michigan Tech is $16,463 for Michigan Bachelor’s Degree Business Administration students with aid.
The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year. The student loan default rate at the school is 2.3%, which is quite low when compared to the national default rate of 10.1%.
Full Michigan Tech Business Administration & Management Report
Baker College landed the #9 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Getting Aid ranking. Baker College is a medium-sized private not-for-profit school situated in Owosso, Michigan. It awarded 242 bachelors’s business administration degrees in 2019-2020.
It costs about $15,049 for michigan bachelor’s degree business administration students with aid per year to attend Baker College.
Since the school has a student-to-faculty ratio of 8 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Full Baker College Business Administration & Management Report
Cleary University did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Getting Aid ranking, coming in at #10. Located in Howell, Michigan, this small private not-for-profit school awarded 78 degrees to qualified bachelors’s business administration students in 2019-2020.
Cleary College also took the #9 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Cleary University is $16,029 for michigan bachelor’s degree business administration students with aid.
Read more about Business Administration & Management at Cleary College
University of Michigan - Flint came in at #11 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Getting Aid ranking. UM Flint is located in Flint, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 78 bachelors’s business administration degrees to qualified students.
The yearly cost to attend UM Flint is $12,734 for michigan bachelor’s degree business administration students with aid.
Read more about Business Administration & Management at UM Flint
Saginaw Valley State University came in at #12 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Getting Aid ranking. Saginaw Valley State University is located in University Center, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 93 bachelors’s business administration degrees to qualified students.
Saginaw Valley State University also took the #21 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. It costs about $14,248 for michigan bachelor’s degree business administration students with aid per year to attend Saginaw Valley State University.
Read more about Business Administration & Management at Saginaw Valley State University
Western Michigan University came in at #13 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Getting Aid ranking. Kalamazoo, Michigan is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s business administration degrees to 220 students in 2019-2020.
WMU also took the #11 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. It costs about $19,433 for michigan bachelor’s degree business administration students with aid per year to attend Western Michigan University.
Lake Superior State University ranked #14 on this year’s Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Getting Aid list. Lake Superior State University is a public institution located in Sault Ste Marie, Michigan. The school has a small population, and it awarded 19 bachelors’s degrees in 2019-2020.
The yearly cost to attend Lake Superior State University is $12,398 for michigan bachelor’s degree business administration students with aid.
Read full report on Business Administration & Management at Lake Superior State University
With a ranking of #15, Eastern Michigan University did quite well on the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Getting Aid list. Ypsilanti, Michigan is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s business administration degrees to 174 students in 2019-2020.
As a testament to the quality of education offered at Eastern Michigan, the school also landed the #22 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Eastern Michigan is $15,924 for Michigan Bachelor’s Degree Business Administration students with aid.
Read full report on Business Administration & Management at Eastern Michigan University
Northwood University landed the #16 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Getting Aid ranking. Northwood is located in Midland, Michigan and, has a small student population. In 2019-2020, this school awarded 440 bachelors’s business administration degrees to qualified students.
Northwood not only placed well in this ranking. It is also #6 on our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Northwood University is $21,618 for Michigan Bachelor’s Degree Business Administration students with aid.
The impressive student-to-faculty ratio of 9 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
Read full report on Business Administration & Management at Northwood
With a ranking of #17, University of Detroit Mercy did quite well on the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Getting Aid list. Located in Detroit, Michigan, this small private not-for-profit school awarded 43 diplomas to qualified bachelors’s business administration students in 2019-2020.
As a testament to the quality of education offered at Detroit Mercy, the school also landed the #15 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. It costs about $18,356 for Michigan Bachelor’s Degree Business Administration students with aid per year to attend University of Detroit Mercy.
The school has an impressive student loan default rate. It’s only 3.5%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 86%.
Read more about Business Administration & Management at University of Detroit Mercy
Northern Michigan University came in at #18 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Getting Aid ranking. Northern Michigan University is a public institution located in Marquette, Michigan. The school has a medium-sized population, and it awarded 49 bachelors’s degrees in 2019-2020.
The estimated yearly cost for Northern Michigan University is $15,453 for michigan bachelor’s degree business administration students with aid.
Read more about Business Administration & Management at Northern Michigan University
With a ranking of #19, Aquinas College Michigan did quite well on the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Getting Aid list. Aquinas College Michigan is located in Grand Rapids, Michigan and, has a small student population. In 2019-2020, this school awarded 43 bachelors’s business administration degrees to qualified students.
Aquinas College Michigan also took the #20 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Aquinas College Michigan is $18,549 for Michigan Bachelor’s Degree Business Administration students with aid.
Read more about Business Administration & Management at Aquinas College Michigan
Siena Heights University landed the #20 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Getting Aid ranking. This small school is located in Adrian, Michigan, and it awarded 111 bachelors’s business administration degrees in 2019-2020.
In addition to being on our michigan bachelor’s degree business administration students with aid list, Siena Heights University has also earned the #23 rank in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Siena Heights University is $21,249 for michigan bachelor’s degree business administration students with aid.
Read full report on Business Administration & Management at Siena Heights University
Rochester University came in at #21 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Getting Aid ranking. This small school is located in Rochester Hills, Michigan, and it awarded 33 bachelors’s business administration degrees in 2019-2020.
It costs about $17,029 for Michigan Bachelor’s Degree Business Administration students with aid per year to attend RU.
Madonna University did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Getting Aid ranking, coming in at #22. Livonia, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s business administration degrees to 51 students in 2019-2020.
It costs about $17,574 for michigan bachelor’s degree business administration students with aid per year to attend Madonna.
Davenport University landed the #23 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Getting Aid ranking. Davenport University is a medium-sized school located in Grand Rapids, Michigan that handed out 161 bachelors’s business administration degrees in 2019-2020.
The yearly cost to attend Davenport University is $16,098 for Michigan Bachelor’s Degree Business Administration students with aid.
Full Davenport University Business Administration & Management Report
Spring Arbor University came in at #24 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Getting Aid ranking. This small school is located in Spring Arbor, Michigan, and it awarded 67 bachelors’s business administration degrees in 2019-2020.
As a testament to the quality of education offered at Spring Arbor, the school also landed the #19 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. It costs about $19,183 for michigan bachelor’s degree business administration students with aid per year to attend Spring Arbor.
Full Spring Arbor University Business Administration & Management Report
Calvin University ranked #25 on this year’s Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Getting Aid list. Calvin is a private not-for-profit institution located in Grand Rapids, Michigan. The school has a small population, and it awarded 65 bachelors’s degrees in 2019-2020.
In addition to being on our michigan bachelor’s degree business administration students with aid list, Calvin has also earned the #5 rank in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Calvin University is $26,647 for Michigan Bachelor’s Degree Business Administration students with aid.
With a freshman retention rate of 87%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 1.6%, which is much lower than the national rate of 10.1%.
Read more about Business Administration & Management at Calvin University
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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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