Business Administration & Management

2021 Best Value Colleges for Business Administration & Management in Michigan

26 Colleges
4,646 Bachelor's Degrees
$25,693 Avg Cost*

Finding the Best Value Business Administration & Management School for You

Best Value Colleges for Business Administration & Management in MichiganOut of the majors we analyze each year, business administration and management was the most popular one in Michigan. In total, 4,646 people earned their bachelor's degree in the field from a school in Michigan. This means that colleges and universities in the state were responsible for awarding 2.7% of all the business administration bachelor's degrees in the country.

This year's Best Value Colleges for Business Administration & Management in Michigan ranking looked at 26 colleges that offer a bachelor's in business administration. To us, 'best value' doesn't just mean the school with the lowest overall costs. We are more focused on business administration schools that offer a high quality education at a price lower that other schools of similar academic excellence.

To determine the average cost, we look at total expenses - such as tuition, fees, room and board, books, and other related expenses - and then subtract the average financial award a student receives. Knowing this amount can help you determine how much you may have to borrow in loans or take out of savings. Depending on your income and other factors, the cost for you to attend a particular school may be more or less.

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 the Best Value Business Administration Schools.

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

2021 Best Value Business Administration & Management Schools in Michigan

Check out the business administration programs at these schools if you want to get the best value for your money.

Top 10 Best Value Business Administration & Management Schools

University of Detroit Mercy landed the #1 spot in our 2021 rankings for best value business administration and management schools. UDM is a moderately-sized private not-for-profit school located in the large city of Detroit. UDM also made our Best Colleges for Business Administration & Management in Michigan list, coming in at #3.

The average student at UDM graduates in less than 4.2 years, and it costs about $15,117 per year to attend the school. Looking at these numbers together, we estimate that the average cost of a bachelor’s degree from UDM is about $63,794. The sooner a student graduates, the more money they can save.

Business Administration majors at UDM take out an average of $23,211 in student loans while working on their bachelor's degree. When it comes time to repay the loan, graduates who are on a 10-year repayment plan pay an average monthly payment of $229.

Full Business Administration & Management at University of Detroit Mercy Report

Request Information
#2

Ferris State University

Big Rapids, MI

Ferris State University comes in at #2 in this year's ranking. Located in the town of Big Rapids, Ferris is a public school with a fairly large student population. In addition to being on our best value list, Ferris has also earned the #7 rank in our Best Colleges for Business Administration & Management in Michigan ranking.

At Ferris, the average time it takes a student to graduate is 4.6 years, and on average, the annual cost to attend the school is $15,909. Looking at these numbers together, we estimate that the average cost of a bachelor’s degree from Ferris is about $73,022. If you can shave even one term off your degree, you can save a substantial amount of money.

The average amount in student loans that business administration majors at Ferris take out while working on their bachelor's is $23,242. For students who choose a 10-year repayment plan, the average monthly student loan payment is $223.

Read More…

Request Information

Grand Valley State University comes in at #3 in this year's ranking. GVSU is a fairly large public school located in the large suburb of Allendale. GVSU also made our Best Colleges for Business Administration & Management in Michigan list, coming in at #5.

It takes the average student at GVSU about 4.5 years to graduate, and the average full-time cost to attend the school is around $23,233. This means that the average student pays around $105,245 to get a bachelor’s degree from GVSU. When you graduate sooner, you can save a lot of money.

Business Administration majors at GVSU take out an average of $22,571 in student loans while working on their bachelor's degree. When it comes time to repay the loan, graduates who are on a 10-year repayment plan pay an average monthly payment of $250.

Full Business Administration & Management at Grand Valley State University Report

Request Information

Western Michigan University comes in at #4 in this year's ranking. WMU is a fairly large public school located in the city of Kalamazoo. WMU also made our Best Colleges for Business Administration & Management in Michigan list, coming in at #6.

The average student at WMU graduates in less than 4.7 years, and on average, the annual cost to attend the school is $21,387. When we combine these numbers, we estimate that the cost to get a bachelor’s degree from WMU is $100,305. If you can shave even one term off your degree, you can save a substantial amount of money.

On average, business administration graduates from WMU take out $25,436 in student loans while working on their bachelor's degree. When it comes time to repay the loan, graduates who are on a 10-year repayment plan pay an average monthly payment of $269.

Read More…

Request Information
#5

Central Michigan University

Mount Pleasant, MI

Central Michigan University landed the #5 spot in our 2021 rankings for best value business administration and management schools. Located in the town of Mount Pleasant, Central Michigan is a public college with a large student population. As a testament to the quality of education offered at Central Michigan, the school also landed the #4 rank in our Best Colleges for Business Administration & Management in Michigan ranking.

The average student at Central Michigan graduates in less than 4.7 years, and the average full-time cost to attend the school is around $24,977. When we combine these numbers, we estimate that the cost to get a bachelor’s degree from Central Michigan is $116,393. The sooner a student graduates, the more money they can save.

After completing their bachelor's degree, business administration graduates from Central Michigan carry an average student debtload of $27,304. This translates to an average monthly loan payment of $280, based on a 10-year repayment plan.

Read full report on Business Administration & Management at Central Michigan University

Request Information

Eastern Michigan University comes in at #6 in this year's ranking. Located in the large suburb of Ypsilanti, Eastern Michigan is a public college with a fairly large student population.

At Eastern Michigan, the average time it takes a student to graduate is 4.8 years, and the yearly average cost to attend the school is $20,456. This makes the estimated cost of a bachelor’s degree from Eastern Michigan be around $98,393. The sooner a student graduates, the more money they can save.

The average amount in student loans that business administration majors at Eastern Michigan take out while working on their bachelor's is $23,118. The average monthly payment of a loan this size is about $225, assuming that the borrower is on a 10-year repayment plan.

Read full report on Business Administration & Management at Eastern Michigan University

Request Information

#7

Davenport University

Grand Rapids, MI

Davenport University earned the #7 spot in our 2021 rankings. Located in the large suburb of Grand Rapids, Davenport University is a private not-for-profit college with a medium-sized student population.

The average student at Davenport University graduates in less than 4.3 years, and the average full-time cost to attend the school is around $25,498. Looking at these numbers together, we estimate that the average cost of a bachelor’s degree from Davenport University is about $108,876. When students graduate in a lesser amount of time, they can save thousands of dollars.

After completing their bachelor's degree, business administration graduates from Davenport University carry an average student debtload of $27,297. The average monthly payment of a loan this size is about $263, assuming that the borrower is on a 10-year repayment plan.

Read full report on Business Administration & Management at Davenport University

Request Information

The #8 spot in this year's ranking belongs to Northern Michigan University. Northern Michigan University is a medium-sized public school located in the remote town of Marquette.

The average student at Northern Michigan University graduates in less than 4.6 years, and it costs about $22,054 per year to attend the school. This makes the estimated cost of a bachelor’s degree from Northern Michigan University be around $101,228. The sooner a student graduates, the more money they can save.

On average, business administration graduates from Northern Michigan University take out $24,121 in student loans while working on their bachelor's degree. The average monthly payment of a loan this size is about $253, assuming that the borrower is on a 10-year repayment plan.

Full Business Administration & Management at Northern Michigan University Report

Request Information
#9

Cornerstone University

Grand Rapids, MI

Cornerstone University landed the #9 spot in our 2021 rankings for best value business administration and management schools. Cornerstone is a small private not-for-profit school located in the city of Grand Rapids.

The average amount of time it takes for a student to receive their degree at Cornerstone is 4.2 years, and the average full-time cost to attend the school is around $24,827. This means that the average student pays around $105,018 to get a bachelor’s degree from Cornerstone. Graduating sooner can prevent you from having to pay more money out of pocket.

After completing their bachelor's degree, business administration graduates from Cornerstone carry an average student debtload of $25,824. When it comes time to repay the loan, graduates who are on a 10-year repayment plan pay an average monthly payment of $264.

Read More…

Request Information
#10

Lake Superior State University

Sault Ste Marie, MI

Our rankings recognize Lake Superior State University as the #10 school in this year's rankings. Lake Superior State University is a small public school located in the town of Sault Ste Marie.

It takes about 4.4 years for the average student at Lake Superior State University to complete their degree, and the yearly average cost to attend the school is $16,475. Putting this cost and the average time to graduate together, we find that the average amount you’ll pay to get a bachelor’s degree from Lake Superior State University is $72,161. When students graduate in a lesser amount of time, they can save thousands of dollars.

On average, business administration graduates from Lake Superior State University take out $19,736 in student loans while working on their bachelor's degree. Assuming that a graduate chooses a 10-year repayment plan, the average monthly loan payment is $208.

Read More…

Request Information

Best Business Administration & Management Colleges in the Great Lakes Region

Explore all the Best Business Administration & Management Colleges in the Great Lakes Area or other specific states within that region.

State Degrees Awarded
Ohio 4,185
Illinois 4,904
Indiana 2,274
Wisconsin 2,917

Business Administration & Management is one of 21 different types of Business, Management & Marketing programs to choose from.

Majors Similar to Business Administration

Related Major Annual Graduates
Marketing 1,965
Accounting 1,800
Finance & Financial Management 1,606
Human Resource Management 886
Hospitality Management 501

View All Business Administration Related Majors >

Notes and References

*These averages are for the top 25 schools only.

  • 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 the rest 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).

More about our data sources and methodologies.

Find Schools Near You