2022 Best Value Master’s Degree Colleges for Business Administration & Management
When it comes to choosing a college, students have a lot of options - but not all of them are good. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Business Administration Schools for a Master’s” ranking.
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” ranking looked at 947 colleges that offer degrees in a bachelor’s in business administration and management. Not only do the schools that top this list have excellent business administration and management programs, but they also 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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Best Value Business Administration Schools for a Master’s
The following schools top our list of the Best Best Value Business Administration Schools for a Master’s.
Top 25 Best Value Master’s Degree Colleges for Business Administration & Management
You’ll be in good company if you decide to attend Brigham Young University - Provo. It ranked #1 on our 2022 Best Value Business Administration Schools for a Master’s list. This large school is located in Provo, Utah, and it awarded 198 masters’s business administration degrees in 2019-2020.
BYU also claimed a top spot on our “Best Business Administration & Management Master’s Degree Schools” list. It’s in the top 10% of all schools in this category. Average graduate tuition and fees at BYU are $7,510, but some majors have different tuition rates.
Out of the 947 schools in the Best Value Business Administration Schools for a Master’s that were part of this year’s ranking, Embry-Riddle Aeronautical University - Worldwide landed the #2 spot on the list. Embry-Riddle Worldwide is a fairly large private not-for-profit school situated in Daytona Beach, Florida. It awarded 545 masters’s business administration degrees in 2019-2020.
In addition to being on this list, Embry-Riddle Worldwide is in the top on our “Best Business Administration & Management Master’s Degree Schools” list. It’s ranked in the top 10% of all schools on our “Best Business Administration & Management Master’s Degree Schools” list. Average graduate tuition and fees at Embry-Riddle Worldwide are $8,568, but you may pay more or less depending on your major.
Full Embry-Riddle Aeronautical University - Worldwide Business Administration & Management Report
Out of the 947 schools in the Best Value Business Administration Schools for a Master’s that were part of this year’s ranking, American Public University System landed the #3 spot on the list. Located in Charles Town, West Virginia, this large private for-profit school awarded 844 degrees to qualified masters’s business administration students in 2019-2020.
As a testament to the quality of education it offers, American Military University is also in the top of our “Best Business Administration & Management Master’s Degree Schools” ranking. It’s in the top 15% 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 American Military University are $7,050.
Full American Public University System Business Administration & Management Report
Out of the 947 schools in the Best Value Business Administration Schools for a Master’s that were part of this year’s ranking, Western Governors University landed the #4 spot on the list. WGU is a large school located in Salt Lake City, Utah that handed out 5,220 masters’s business administration degrees in 2019-2020.
WGU also claimed a top spot on our “Best Business Administration & Management Master’s Degree Schools” list. It’s in the top 20% of all schools reviewed in that analysis. Average graduate tuition and fees at Western Governors University are $7,790, but some majors have different tuition rates.
Out of the 947 schools in the Best Value Business Administration Schools for a Master’s that were part of this year’s ranking, Park University landed the #5 spot on the list. Park University is a fairly large private not-for-profit school situated in Parkville, Missouri. It awarded 281 masters’s business administration degrees in 2019-2020.
In addition to being on this list, Park University is in the top on our “Best Business Administration & Management Master’s Degree Schools” list. It’s in the top 20% of all schools reviewed in that analysis. Average graduate tuition and fees at Park University are $6,224, but some majors have different tuition rates.
Read full report on Business Administration & Management at Park University
Ashland University came in at #6 in this year’s edition of the Best Value Business Administration Schools for a Master’s ranking. Ashland University is a small school located in Ashland, Ohio that handed out 359 masters’s business administration degrees in 2019-2020.
On top of its placing in this ranking, Ashland also did well on our “Best Business Administration & Management Master’s Degree Schools” list. It’s in the top 20% 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 Ashland University are $6,444.
Webster University ranked #7 on this year’s Best Value Business Administration Schools for a Master’s list. This medium-sized school is located in Saint Louis, Missouri, and it awarded 1,327 masters’s business administration degrees in 2019-2020.
Webster also claimed a top spot on our “Best Business Administration & Management Master’s Degree Schools” list. It’s ranked in the top 10% of all schools on our “Best Business Administration & Management Master’s Degree Schools” list. Average graduate tuition and fees at Webster are $13,500, but some majors have different tuition rates.
With a ranking of #8, Bellevue University did quite well on the 2022 Best Value Business Administration Schools for a Master’s list. This fairly large school is located in Bellevue, Nebraska, and it awarded 315 masters’s business administration degrees in 2019-2020.
On top of its placing in this ranking, Bellevue University also did well on our “Best Business Administration & Management Master’s Degree Schools” list. It’s in the top 15% of all schools reviewed in that analysis. Average graduate tuition and fees at Bellevue University are $11,385, but you may pay more or less depending on your major.
Read full report on Business Administration & Management at Bellevue University
Saint Mary’s University of Minnesota came in at #9 in this year’s edition of the Best Value Business Administration Schools for a Master’s ranking. Saint Mary’s University of Minnesota is a medium-sized school located in Winona, Minnesota that handed out 266 masters’s business administration degrees in 2019-2020.
In addition to being on this list, SMU MN 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 Saint Mary’s University of Minnesota are $10,260, but some majors have different tuition rates.
Read more about Business Administration & Management at SMU MN
University of Phoenix - Arizona landed the #10 spot on the 2022 Best Value Business Administration Schools for a Master’s ranking. University of Phoenix - Arizona is a large school located in Tempe, Arizona that handed out 1,855 masters’s business administration degrees in 2019-2020.
In addition to being on this list, UOPX - Arizona 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 UOPX - Arizona are $17,096.
Read full report on Business Administration & Management at University of Phoenix - Arizona
Wilmington University did quite well in the 2022 Best Value Business Administration Schools for a Master’s ranking, coming in at #11. Wilmington University is a private not-for-profit institution located in New Castle, Delaware. The school has a fairly large population, and it awarded 406 masters’s degrees in 2019-2020.
Average graduate tuition and fees at Wilmington University are $8,834, but some majors have different tuition rates.
Read full report on Business Administration & Management at Wilmington University
Providence College ranked #12 on this year’s Best Value Business Administration Schools for a Master’s list. Providence College is a small school located in Providence, Rhode Island that handed out 103 masters’s business administration degrees in 2019-2020.
In addition to being on this list, Providence is in the top on our “Best Business Administration & Management Master’s Degree Schools” list. It’s ranked in the top 10% of all schools on our “Best Business Administration & Management Master’s Degree Schools” list. Average graduate tuition and fees at Providence are $9,750, but you may pay more or less depending on your major.
Read full report on Business Administration & Management at Providence College
University of Scranton came in at #13 in this year’s edition of the Best Value Business Administration Schools for a Master’s ranking. University of Scranton is a private not-for-profit institution located in Scranton, Pennsylvania. The school has a small population, and it awarded 115 masters’s degrees in 2019-2020.
On top of its placing in this ranking, University of Scranton also did well on our “Best Business Administration & Management Master’s Degree Schools” list. It’s in the top 10% of all schools in this category. Average graduate tuition and fees at University of Scranton are $11,630, but you may pay more or less depending on your major.
Full University of Scranton Business Administration & Management Report
Capella University landed the #15 spot on the 2022 Best Value Business Administration Schools for a Master’s ranking. Minneapolis, Minnesota is the setting for this large institution of higher learning. The private for-profit school handed out masters’s business administration degrees to 707 students in 2019-2020.
Capella University excels when it comes to business administration quality. It’s ranked in the top 20% of all schools on our “Best Business Administration & Management Master’s Degree Schools” list. Average graduate tuition and fees at Capella University are $14,767, but some majors have different tuition rates.
Read more about Business Administration & Management at Capella University
With a ranking of #16, Seattle University did quite well on the 2022 Best Value Business Administration Schools for a Master’s list. Seattle, Washington 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 134 students in 2019-2020.
Seattle U also claimed a top spot 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 Seattle University are $14,040, but you may pay more or less depending on your major.
Read full report on Business Administration & Management at Seattle University
North Dakota State University - Main Campus landed the #17 spot on the 2022 Best Value Business Administration Schools for a Master’s ranking. Located in Fargo, North Dakota, this fairly large public school handed out 39 degrees to qualified masters’s business administration students in 2019-2020.
In addition to being on this list, North Dakota State University is in the top on our “Best Business Administration & Management Master’s Degree Schools” list. It’s in the top 20% of all schools reviewed in that analysis. Average graduate tuition and fees at North Dakota State University are $11,589, but you may pay more or less depending on your major.
Read full report on Business Administration & Management at North Dakota State University
University of the Potomac - VA Campus ranked #18 on this year’s Best Value Business Administration Schools for a Master’s list. University of the Potomac - VA Campus is a small private for-profit school situated in Vienna, Virginia. It awarded 66 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 University of the Potomac - VA Campus are $5,850.
Read full report on Business Administration & Management at University of the Potomac - VA Campus
Missouri State University - Springfield came in at #19 in this year’s edition of the Best Value Business Administration Schools for a Master’s ranking. Missouri State is a large school located in Springfield, Missouri that handed out 286 masters’s business administration degrees in 2019-2020.
Missouri State excels when it comes to business administration quality. It’s in the top 20% 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 Missouri State University - Springfield are $12,042.
Read full report on Business Administration & Management at Missouri State University - Springfield
Drake University landed the #20 spot on the 2022 Best Value Business Administration Schools for a Master’s ranking. This small school is located in Des Moines, Iowa, and it awarded 44 masters’s business administration degrees in 2019-2020.
Drake also claimed a top spot on our “Best Business Administration & Management Master’s Degree Schools” list. It’s in the top 15% 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 Drake University are $11,932.
Arizona State University - Skysong did quite well in the 2022 Best Value Business Administration Schools for a Master’s ranking, coming in at #21. Arizona State University - Skysong is a large public school situated in Scottsdale, Arizona. It awarded 68 masters’s business administration degrees in 2019-2020.
Average graduate tuition and fees at ASU - Skysong are $6,724, but some majors have different tuition rates.
Read full report on Business Administration & Management at Arizona State University - Skysong
With a ranking of #22, Lindenwood University did quite well on the 2022 Best Value Business Administration Schools for a Master’s list. Lindenwood University is a medium-sized school located in Saint Charles, Missouri that handed out 76 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 Lindenwood University are $9,550.
Full Lindenwood University Business Administration & Management Report
With a ranking of #23, University of Sioux Falls did quite well on the 2022 Best Value Business Administration Schools for a Master’s list. University of Sioux Falls is a private not-for-profit institution located in Sioux Falls, South Dakota. The school has a small population, and it awarded 91 masters’s degrees in 2019-2020.
Average graduate tuition and fees at University of Sioux Falls are $7,110, but you may pay more or less depending on your major.
Read more about Business Administration & Management at University of Sioux Falls
Grand Canyon University came in at #24 in this year’s edition of the Best Value Business Administration Schools for a Master’s ranking. Located in Phoenix, Arizona, this large private for-profit school awarded 1,774 diplomas to qualified masters’s business administration students in 2019-2020.
Average graduate tuition and fees at Grand Canyon University are $11,436, but some majors have different tuition rates.
Read more about Business Administration & Management at Grand Canyon University
With a ranking of #25, Kettering University did quite well on the 2022 Best Value Business Administration Schools for a Master’s list. This small school is located in Flint, Michigan, and it awarded 59 masters’s business administration degrees in 2019-2020.
On top of its placing in this ranking, Kettering also did well 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 Kettering are $15,252, but some majors have different tuition rates.
Read more about Business Administration & Management at Kettering University
Rest of the Best 51 in Best Value Business Administration Schools for a Master’s
Not only did these schools make the top 51 list, but they also landed in the top 15% of this year’s ranking:
Rest of the Top 15% Colleges in Best Value Business Administration Schools for a Master’s
While not in the ‘top 50’, these schools make the top 15% of this year’s ranking:
| Rank | College | Location |
|---|---|---|
| 52 | Minnesota State University - Mankato | Mankato, MN |
| 53 | Walden University | Minneapolis, MN |
| 54 | John Brown University | Siloam Springs, AR |
| 55 | University of South Dakota | Vermillion, SD |
| 56 | Messiah University | Mechanicsburg, PA |
| 57 | Mount Mercy University | Cedar Rapids, IA |
| 58 | Northern Illinois University | Dekalb, IL |
| 59 | Baldwin Wallace University | Berea, OH |
| 60 | Belhaven University | Jackson, MS |
| 61 | Spring Arbor University | Spring Arbor, MI |
| 61 | Bethel University Minnesota | Saint Paul, MN |
| 63 | Xavier University | Cincinnati, OH |
| 64 | Central Michigan University | Mount Pleasant, MI |
| 65 | Colorado Technical University - Colorado Springs | Colorado Springs, CO |
| 66 | Champlain College | Burlington, VT |
| Rank | College | Location |
|---|---|---|
| 142 | Southern Illinois University Edwardsville | Edwardsville, IL |
| 143 | Florida Institute of Technology | Melbourne, FL |
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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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