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2022 Best Value Business Administration Schools for a Master’s For Those Getting Aid

998 Ranked Colleges
121,330 Degrees Awarded
$28,300 Avg Grad Tuition & Fees*
Best Value Business Administration Schools for a Master's For Those Getting Aid

When pursuing a degree in today’s world, students have many different options to choose from. 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 Getting Aid” ranking is one tool we have developed to help in this regard.

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.

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 Getting Aid” ranking analyzed 998 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. For more information, check out our ranking methodology.

One Size Does Not Fit All

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Business Administration Schools for a Master’s For Those Getting Aid” ranking, along with many other major-related rankings, to help you make that decision.

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. 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 Master’s For Those Getting Aid

The following schools top our list of the Best Best Value Business Administration Schools for a Master’s For Those Getting Aid.

Top 25 Best Value Master’s Degree Colleges for Business Administration & Management (With Aid)

#1

University of North Carolina at Chapel Hill

Chapel Hill, North Carolina

Out of the 998 schools in the Best Value Business Administration Schools for a Master’s For Those Getting Aid that were part of this year’s ranking, University of North Carolina at Chapel Hill landed the #1 spot on the list. UNC Chapel Hill is a public institution located in Chapel Hill, North Carolina. The school has a large population, and it awarded 806 masters’s degrees in 2019-2020.

UNC Chapel Hill also took the #16 spot in our “Best Business Administration & Management Master’s Degree Schools” ranking. Average graduate tuition and fees at University of North Carolina at Chapel Hill are $30,248, but you may pay more or less depending on your major.

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

#2

Yale University

New Haven, Connecticut

You’ll join some of the best and brightest minds around if you attend Yale University. The school came in at #2 for the Best Value Business Administration Schools for a Master’s For Those Getting Aid. Yale University is located in New Haven, Connecticut and, has a fairly large student population. In 2019-2020, this school awarded 565 masters’s business administration degrees to qualified students.

Yale did well in our major quality rankings, too. It placed #6 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 Yale University are $44,500.

Read full report on Business Administration & Management at Yale

You’ll be in good company if you decide to attend University of Washington - Seattle Campus. It ranked #3 on our 2022 Best Value Business Administration Schools for a Master’s For Those Getting Aid list. Seattle, Washington is the setting for this large institution of higher learning. The public school handed out masters’s business administration degrees to 422 students in 2019-2020.

In addition to being on this list, UW Seattle is in the top on our “Best Business Administration & Management Master’s Degree Schools” list. It’s in the top 5% of all schools reviewed in that analysis. Average graduate tuition and fees at University of Washington - Seattle Campus are $30,294, but some majors have different tuition rates.

Read more about Business Administration & Management at University of Washington - Seattle Campus

#4

Baruch College

New York, New York

You’ll join some of the best and brightest minds around if you attend Baruch College. The school came in at #4 for the Best Value Business Administration Schools for a Master’s For Those Getting Aid. Baruch College is located in New York, New York and, has a fairly large student population. In 2019-2020, this school awarded 165 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 Baruch College are $20,880.

Full Baruch College Business Administration & Management Report

#5

University of Florida

Gainesville, Florida

You’ll join some of the best and brightest minds around if you attend University of Florida. The school came in at #5 for the Best Value Business Administration Schools for a Master’s For Those Getting Aid. University of Florida is a large school located in Gainesville, Florida that handed out 750 masters’s business administration degrees in 2019-2020.

On top of its placing in this ranking, UF 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. Average graduate tuition and fees at University of Florida are $30,130, but you may pay more or less depending on your major.

Read full report on Business Administration & Management at UF

University of Michigan - Ann Arbor came in at #6 in this year’s edition of the Best Value Business Administration Schools for a Master’s For Those Getting Aid ranking. This large school is located in Ann Arbor, Michigan, and it awarded 837 masters’s business administration degrees in 2019-2020.

In addition to being on our master’s degree business administration students with aid list, U-M has also earned the #7 rank in our “Best Business Administration & Management Master’s Degree Schools” ranking. Average graduate tuition and fees at U-M are $49,548, but you may pay more or less depending on your major.

Full U-M Business Administration & Management Report

University of Illinois at Urbana-Champaign came in at #7 in this year’s edition of the Best Value Business Administration Schools for a Master’s For Those Getting Aid ranking. UIUC is a large public school situated in Champaign, Illinois. It awarded 695 masters’s business administration degrees in 2019-2020.

As a testament to the quality of education offered at UIUC, the school also landed the #17 spot 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.

Full UIUC Business Administration & Management Report

California State University - Los Angeles came in at #8 in this year’s edition of the Best Value Business Administration Schools for a Master’s For Those Getting Aid ranking. Cal State LA is a public institution located in Los Angeles, California. The school has a large population, and it awarded 76 masters’s degrees in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at California State University - Los Angeles are $17,723.

Full California State University - Los Angeles Business Administration & Management Report

#9

University of California - Los Angeles

Los Angeles, California

University of California - Los Angeles ranked #9 on this year’s Best Value Business Administration Schools for a Master’s For Those Getting Aid list. University of California - Los Angeles is a large school located in Los Angeles, California that handed out 138 masters’s business administration degrees in 2019-2020.

On top of its placing in this ranking, UCLA 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. Average graduate tuition and fees at University of California - Los Angeles are $28,131, but you may pay more or less depending on your major.

Read more about Business Administration & Management at University of California - Los Angeles

With a ranking of #10, Texas A & M University - Central Texas did quite well on the 2022 Best Value Business Administration Schools for a Master’s For Those Getting Aid list. Texas A & M University - Central Texas is a small public school situated in Killeen, Texas. It awarded 60 masters’s business administration degrees in 2019-2020.

Average graduate tuition and fees at Texas A & M University - Central Texas are $13,561, but some majors have different tuition rates.

Full Texas A & M University - Central Texas Business Administration & Management Report

The University of Texas at Austin came in at #11 in this year’s edition of the Best Value Business Administration Schools for a Master’s For Those Getting Aid ranking. Located in Austin, Texas, this large public school awarded 588 diplomas to qualified masters’s business administration students in 2019-2020.

As a testament to the quality of education offered at UT Austin, the school also landed the #23 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 The University of Texas at Austin are $22,886.

Full The University of Texas at Austin Business Administration & Management Report

#12

University of Virginia - Main Campus

Charlottesville, Virginia

University of Virginia - Main Campus did quite well in the 2022 Best Value Business Administration Schools for a Master’s For Those Getting Aid ranking, coming in at #12. This large school is located in Charlottesville, Virginia, and it awarded 466 masters’s business administration degrees in 2019-2020.

In addition to being on our master’s degree business administration students with aid list, University of Virginia has also earned the #10 rank in our “Best Business Administration & Management Master’s Degree Schools” ranking. Average graduate tuition and fees at University of Virginia - Main Campus are $32,394, but you may pay more or less depending on your major.

Read full report on Business Administration & Management at University of Virginia - Main Campus

#13

Rice University

Houston, Texas

Rice University ranked #13 on this year’s Best Value Business Administration Schools for a Master’s For Those Getting Aid list. Houston, Texas is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out masters’s business administration degrees to 366 students in 2019-2020.

Rice also took the #14 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 Rice University are $47,913.

Read full report on Business Administration & Management at Rice University

The University of Texas Rio Grande Valley ranked #14 on this year’s Best Value Business Administration Schools for a Master’s For Those Getting Aid list. UT Rio Grande Valley is a public institution located in Edinburg, Texas. The school has a large population, and it awarded 137 masters’s degrees in 2019-2020.

Average graduate tuition and fees at The University of Texas Rio Grande Valley are $15,151, but some majors have different tuition rates.

Read full report on Business Administration & Management at The University of Texas Rio Grande Valley

#15

Harvard University

Cambridge, Massachusetts

Harvard University landed the #15 spot on the 2022 Best Value Business Administration Schools for a Master’s For Those Getting Aid ranking. This large school is located in Cambridge, Massachusetts, and it awarded 1,061 masters’s business administration degrees 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 University are $50,654, but you may pay more or less depending on your major.

Read more about Business Administration & Management at Harvard University

#16

Western Governors University

Salt Lake City, Utah

Western Governors University ranked #16 on this year’s Best Value Business Administration Schools for a Master’s For Those Getting Aid list. Western Governors University is a large school located in Salt Lake City, Utah that handed out 5,220 masters’s business administration degrees in 2019-2020.

In addition to being on this list, WGU is in the top on our “Best Business Administration & Management Master’s Degree Schools” list. It’s in the top 20% of all schools in this category. Average graduate tuition and fees at WGU are $7,790, but some majors have different tuition rates.

Read full report on Business Administration & Management at Western Governors University

Georgia Institute of Technology - Main Campus landed the #17 spot on the 2022 Best Value Business Administration Schools for a Master’s For Those Getting Aid ranking. Georgia Tech is a public institution located in Atlanta, Georgia. The school has a large population, and it awarded 339 masters’s degrees in 2019-2020.

In addition to being on this list, Georgia Tech is in the top on our “Best Business Administration & Management Master’s Degree Schools” list. It’s in the top 5% of all schools reviewed in that analysis. Average graduate tuition and fees at Georgia Institute of Technology - Main Campus are $31,334, but you may pay more or less depending on your major.

Read more about Business Administration & Management at Georgia Tech

Brigham Young University - Provo landed the #18 spot on the 2022 Best Value Business Administration Schools for a Master’s For Those Getting Aid ranking. BYU is a private not-for-profit institution located in Provo, Utah. The school has a large population, and it awarded 198 masters’s degrees in 2019-2020.

In addition to being on this list, BYU 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. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Brigham Young University - Provo are $7,510.

Read full report on Business Administration & Management at BYU

#19

Franklin University

Columbus, Ohio

Franklin University ranked #19 on this year’s Best Value Business Administration Schools for a Master’s For Those Getting Aid list. Franklin University is a medium-sized private not-for-profit school situated in Columbus, Ohio. It awarded 330 masters’s business administration degrees 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

#20

Purdue University - Main Campus

West Lafayette, Indiana

Purdue University - Main Campus ranked #20 on this year’s Best Value Business Administration Schools for a Master’s For Those Getting Aid 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.

Purdue also claimed a top spot on our “Best Business Administration & Management Master’s Degree Schools” list. It’s ranked in the top 5% of all schools 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 Purdue are $28,794.

Full Purdue University - Main Campus Business Administration & Management Report

With a ranking of #21, The University of Texas at Dallas did quite well on the 2022 Best Value Business Administration Schools for a Master’s For Those Getting Aid list. UT Dallas is a large public school situated in Richardson, Texas. It awarded 397 masters’s business administration degrees in 2019-2020.

In addition to being on this list, UT Dallas is in the top on our “Best Business Administration & Management Master’s Degree Schools” list. It’s ranked in the top 15% of all schools on our “Best Business Administration & Management Master’s Degree Schools” list. Average graduate tuition and fees at The University of Texas at Dallas are $28,610, but you may pay more or less depending on your major.

Full The University of Texas at Dallas Business Administration & Management Report

With a ranking of #22, California State University - Fresno did quite well on the 2022 Best Value Business Administration Schools for a Master’s For Those Getting Aid list. Fresno State is located in Fresno, California and, has a large student population. In 2019-2020, this school awarded 82 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 California State University - Fresno are $17,581.

Read more about Business Administration & Management at Fresno State

#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 Getting Aid list. University of California - Berkeley is located in Berkeley, California and, has a large student population. In 2019-2020, this school awarded 306 masters’s business administration degrees to qualified students.

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.

Read more about Business Administration & Management at UC Berkeley

University of California - Irvine ranked #24 on this year’s Best Value Business Administration Schools for a Master’s For Those Getting Aid list. UC Irvine is located in Irvine, California and, has a large student population. In 2019-2020, this school awarded 182 masters’s business administration degrees to qualified students.

As a testament to the quality of education it offers, UC Irvine is also in the top of our “Best Business Administration & Management Master’s Degree Schools” ranking. It’s in the top 10% of all schools reviewed in that analysis. Average graduate tuition and fees at UC Irvine are $28,456, but some majors have different tuition rates.

Read more about Business Administration & Management at UC Irvine

#25

University of Pennsylvania

Philadelphia, Pennsylvania

University of Pennsylvania did quite well in the 2022 Best Value Business Administration Schools for a Master’s For Those Getting Aid ranking, coming in at #25. 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 also made our “Best Business Administration & Management Master’s Degree Schools” list, coming in at #1. Average graduate tuition and fees at UPenn are $41,760, but some majors have different tuition rates.

Full University of Pennsylvania Business Administration & Management Report

Rest of the Best 50 in Best Value Business Administration Schools for a Master’s For Those Getting Aid

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

#29

Lehman College

Bronx, New York
#32

Brooklyn College

Brooklyn, New York
#33

Rutgers University - Newark

Newark, New Jersey
#36

Farmingdale State College

Farmingdale, New York
#38

Duke University

Durham, North Carolina
#39

North Carolina State University

Raleigh, North Carolina
#43

University of Maryland - College Park

College Park, Maryland
#43

University of Utah

Salt Lake City, Utah
#46

The University of West Florida

Pensacola, Florida
#47

Dartmouth College

Hanover, New Hampshire
#48

University of Georgia

Athens, Georgia
#49

University of Minnesota - Twin Cities

Minneapolis, Minnesota
#50

California State University - San Bernardino

San Bernardino, California

Rest of the Top 15% Colleges in Best Value Business Administration Schools for a Master’s For Those Getting Aid

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

Rank College Location
51 American Public University System Charles Town, WV
52 California State University - Long Beach Long Beach, CA
53 Michigan State University East Lansing, MI
54 California State University - Stanislaus Turlock, CA
55 California State University - Bakersfield Bakersfield, CA
56 University of Illinois at Chicago Chicago, IL
57 University of Phoenix - Arizona Tempe, AZ
58 Truman State University Kirksville, MO
59 University of Wisconsin - La Crosse La Crosse, WI
60 Cornell University Ithaca, NY
61 University of North Florida Jacksonville, FL
62 University of Wisconsin - Parkside Kenosha, WI
63 Purdue University Northwest Hammond, IN
63 The University of Texas at Tyler Tyler, TX
65 Texas Woman’s University Denton, TX
Rank College Location
66 University of Nevada - Las Vegas Las Vegas, NV
67 University of North Carolina at Greensboro Greensboro, NC
68 Appalachian State University Boone, NC
69 The University of Texas at San Antonio San Antonio, TX
70 University of Wisconsin - Oshkosh Oshkosh, WI
71 University of Houston Houston, TX
72 San Diego State University San Diego, CA
73 University of Wisconsin - River Falls River Falls, WI
74 Missouri University of Science and Technology Rolla, MO
74 University of Wisconsin - Green Bay Green Bay, WI
76 University of Central Florida Orlando, FL
77 Florida Atlantic University Boca Raton, FL
78 University of Wisconsin - Eau Claire Eau Claire, WI
79 Virginia Tech Blacksburg, VA
80 University of California - Riverside Riverside, CA
81 William & Mary Williamsburg, VA
82 University of California - Davis Davis, CA
83 University of Wisconsin - Platteville Platteville, WI
84 Florida Gulf Coast University Fort Myers, FL
85 Rhode Island College Providence, RI
86 University of Iowa Iowa City, IA
87 Montclair State University Montclair, NJ
88 California State University - Sacramento Sacramento, CA
89 The University of Texas at El Paso El Paso, TX
90 Texas A&M University - College Station College Station, TX
Rank College Location
91 Northeastern State University Tahlequah, OK
92 Rutgers University - Camden Camden, NJ
93 Augusta University Augusta, GA
94 University of Wyoming Laramie, WY
95 University of Houston - Victoria Victoria, TX
96 Fayetteville State University Fayetteville, NC
97 Texas Tech University Lubbock, TX
98 University of Michigan - Dearborn Dearborn, MI
99 Northern Illinois University Dekalb, IL
99 University of Louisiana at Monroe Monroe, LA
101 Ohio State University - Main Campus Columbus, OH
102 Emory University Atlanta, GA
103 Northwestern University Evanston, IL
104 University of North Texas Denton, TX
105 Arizona State University - Tempe Tempe, AZ
106 University of Illinois at Springfield Springfield, IL
107 University of Arizona Tucson, AZ
108 University of Houston - Downtown Houston, TX
109 Colorado State University - Global Campus Greenwood Village, CO
110 Utah Valley University Orem, UT
111 California Polytechnic State University - San Luis Obispo San Luis Obispo, CA
112 Bellevue University Bellevue, NE
113 Monroe College Bronx, NY
114 University of Nebraska at Omaha Omaha, NE
115 McNeese State University Lake Charles, LA
Rank College Location
116 James Madison University Harrisonburg, VA
117 MSU Texas Wichita Falls, TX
117 University of Alaska Anchorage Anchorage, AK
119 University of Nebraska - Lincoln Lincoln, NE
120 Saint Cloud State University Saint Cloud, MN
121 University of Arkansas Fayetteville, AR
122 University of Maryland Global Campus Adelphi, MD
123 Indiana University - Southeast New Albany, IN
124 College of Staten Island CUNY Staten Island, NY
125 University of Southern Indiana Evansville, IN
126 North Carolina A & T State University Greensboro, NC
127 Governors State University University Park, IL
128 University of Rhode Island Kingston, RI
129 Portland State University Portland, OR
130 University of Houston - Clear Lake Houston, TX
131 Fairleigh Dickinson University - Metropolitan Campus Teaneck, NJ
132 University of Delaware Newark, DE
133 Wilmington University New Castle, DE
134 Louisiana Tech University Ruston, LA
135 Oklahoma State University - Main Campus Stillwater, OK
136 Fitchburg State University Fitchburg, MA
137 Oakland University Rochester Hills, MI
138 Ferris State University Big Rapids, MI
139 California State Polytechnic University - Pomona Pomona, CA
140 Texas A&M University - Commerce Commerce, TX
Rank College Location
141 Vanderbilt University Nashville, TN
142 West Texas A&M University Canyon, TX
143 Minot State University Minot, ND
144 University of Colorado Denver/Anschutz Medical Campus Denver, CO
145 East Central University Ada, OK
146 Central Michigan University Mount Pleasant, MI
147 Colorado State University - Fort Collins Fort Collins, CO
148 The University of Texas at Arlington Arlington, TX
149 Washington University in St Louis Saint Louis, MO
150 University of Louisiana at Lafayette Lafayette, LA

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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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