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2022 Best Value Master’s Degree Colleges for Business Administration & Management in the Great Lakes Region

143 Ranked Colleges
16,628 Degrees Awarded
$11,500 Avg Grad Tuition & Fees*
Best Value Business Administration Schools for a Master's in the Great Lakes Region

It’s not easy to decide which college to attend when there so many options available for students. 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 Master’s in the Great Lakes Region” ranking - to help you make that decision.

Business Administration & Management is one of the most popular majors in the nation, ranking 2nd of all the majors we analyze. In 2019-2020, 404,734 degrees were awarded to students with this major. 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” ranking looked at 143 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.

More Ways to Rank Business Administration & Management Schools

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”.

You can create your own custom comparison that focuses on the factors most important to you using our 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.

Best Value Business Administration Schools for a Master’s in the Great Lakes Region

The following schools top our list of the Best Best Value Business Administration Schools for a Master’s in the Great Lakes Region.

Top 25 Best Value Master’s Degree Colleges for Business Administration & Management in the Great Lakes Region

#1

Ashland University

Ashland, Ohio

You’ll be in good company if you decide to attend Ashland University. It ranked #1 on our 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region list. Located in Ashland, Ohio, this small private not-for-profit school handed out 359 degrees to qualified masters’s business administration students in 2019-2020.

In addition to being on our great lakes region master’s degree business administration students list, Ashland has also earned the #21 rank in our “Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Ashland University are $6,444, but you may pay more or less depending on your major.

Read full report on Business Administration & Management at Ashland University

#2

Kettering University

Flint, Michigan

Out of the 143 schools in the Best Value Business Administration Schools for a Master’s in the Great Lakes Region that were part of this year’s ranking, Kettering University landed the #2 spot on the list. Located in Flint, Michigan, this small private not-for-profit school handed out 59 degrees to qualified masters’s business administration students in 2019-2020.

Kettering did well in our major quality rankings, too. It placed #18 on our “Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Kettering University are $15,252, but some majors have different tuition rates.

Read full report on Business Administration & Management at Kettering University

#3

Illinois State University

Normal, Illinois

You’ll be in good company if you decide to attend Illinois State University. It ranked #3 on our 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region list. Illinois State is located in Normal, Illinois and, has a large student population. In 2019-2020, this school awarded 104 masters’s business administration degrees to qualified students.

Average graduate tuition and fees at Illinois State University are $11,069, but some majors have different tuition rates.

Full Illinois State University Business Administration & Management Report

#4

Ferris State University

Big Rapids, Michigan

You’ll be in good company if you decide to attend Ferris State University. It ranked #4 on our 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region list. Big Rapids, Michigan is the setting for this fairly large institution of higher learning. The public school handed out masters’s business administration degrees to 23 students in 2019-2020.

Average graduate tuition and fees at Ferris State University are $7,908, but you may pay more or less depending on your major.

Read full report on Business Administration & Management at Ferris State University

Out of the 143 schools in the Best Value Business Administration Schools for a Master’s in the Great Lakes Region that were part of this year’s ranking, Indiana Wesleyan University - National & Global landed the #5 spot on the list. This fairly large school is located in Marion, Indiana, and it awarded 501 masters’s business administration degrees in 2019-2020.

IWU also took the #17 spot in our “Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at IWU are $11,977, but you may pay more or less depending on your major.

Read more about Business Administration & Management at IWU

#6

Concordia University, Chicago

River Forest, Illinois

Concordia University, Chicago 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 ranking. Concordia University, Chicago is a medium-sized private not-for-profit school situated in River Forest, Illinois. It awarded 182 masters’s business administration degrees in 2019-2020.

Average graduate tuition and fees at Concordia University, Chicago are $9,378, but some majors have different tuition rates.

Full Concordia University, Chicago Business Administration & Management Report

#7

Maranatha Baptist University

Watertown, Wisconsin

Maranatha Baptist University ranked #7 on this year’s Best Value Business Administration Schools for a Master’s in the Great Lakes Region list. MBU is a small school located in Watertown, Wisconsin that handed out 16 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 MBU are $7,010.

Read more about Business Administration & Management at MBU

Grace College and Theological Seminary did quite well in the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region ranking, coming in at #8. This small school is located in Winona Lake, Indiana, and it awarded 48 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 Grace College and Theological Seminary are $7,872.

Read more about Business Administration & Management at Grace College and Theological Seminary

#9

Cedarville University

Cedarville, Ohio

Cedarville University ranked #9 on this year’s Best Value Business Administration Schools for a Master’s in the Great Lakes Region list. This small school is located in Cedarville, Ohio, and it awarded 16 masters’s business administration degrees in 2019-2020.

Average graduate tuition and fees at Cedarville University are $9,065, but some majors have different tuition rates.

Read more about Business Administration & Management at Cedarville University

#10

Northern Illinois University

Dekalb, Illinois

Northern Illinois University ranked #10 on this year’s Best Value Business Administration Schools for a Master’s in the Great Lakes Region list. 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 NIU are $11,086, but some majors have different tuition rates.

Read full report on Business Administration & Management at NIU

Baldwin Wallace University ranked #11 on this year’s Best Value Business Administration Schools for a Master’s in the Great Lakes Region list. Baldwin Wallace University is a small school located in Berea, Ohio that handed out 36 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 Baldwin Wallace University are $11,191.

Read full report on Business Administration & Management at Baldwin Wallace University

#12

Spring Arbor University

Spring Arbor, Michigan

Spring Arbor University came in at #12 in this year’s edition of the Best Value Business Administration Schools for a Master’s in the Great Lakes Region ranking. Spring Arbor University is a private not-for-profit institution located in Spring Arbor, Michigan. The school has a small population, and it awarded 55 masters’s degrees in 2019-2020.

Average graduate tuition and fees at Spring Arbor are $8,232, but you may pay more or less depending on your major.

Read more about Business Administration & Management at Spring Arbor University

#13

Xavier University

Cincinnati, Ohio

Xavier University did quite well in the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region ranking, coming in at #13. Cincinnati, Ohio 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 17 students in 2019-2020.

In addition to being on this list, Xavier is in the top on our “Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region” list. It’s in the top 20% of all schools reviewed in that analysis. Average graduate tuition and fees at Xavier are $12,076, but some majors have different tuition rates.

Full Xavier University Business Administration & Management Report

#14

Central Michigan University

Mount Pleasant, Michigan

Central Michigan University came in at #14 in this year’s edition of the Best Value Business Administration Schools for a Master’s in the Great Lakes Region ranking. Located in Mount Pleasant, Michigan, this fairly large public school handed out 547 diplomas to qualified masters’s business administration students in 2019-2020.

Central Michigan also took the #13 spot in our “Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Central Michigan University are $19,359, but you may pay more or less depending on your major.

Read full report on Business Administration & Management at Central Michigan

#15

Viterbo University

La Crosse, Wisconsin

Viterbo University did quite well in the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region ranking, coming in at #15. Viterbo is located in La Crosse, Wisconsin and, has a small student population. In 2019-2020, this school awarded 70 masters’s business administration degrees to qualified students.

Average graduate tuition and fees at Viterbo University are $9,312, but some majors have different tuition rates.

Read full report on Business Administration & Management at Viterbo University

#16

University of Wisconsin - Platteville

Platteville, Wisconsin

With a ranking of #16, University of Wisconsin - Platteville did quite well on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region list. University of Wisconsin - Platteville is a public institution located in Platteville, Wisconsin. The school has a medium-sized population, and it awarded 128 masters’s degrees in 2019-2020.

In addition to being on this list, UW - Platteville is in the top on our “Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region” list. It’s in the top 20% of all schools in this category. Average graduate tuition and fees at University of Wisconsin - Platteville are $18,226, but some majors have different tuition rates.

Full UW - Platteville Business Administration & Management Report

#17

Mount Vernon Nazarene University

Mount Vernon, Ohio

Mount Vernon Nazarene University landed the #17 spot on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region ranking. Mount Vernon, Ohio is the setting for this small institution of higher learning. The private not-for-profit school handed out masters’s business administration degrees to 66 students in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at MVNU are $8,964.

Read more about Business Administration & Management at MVNU

#18

Saint Norbert College

De Pere, Wisconsin

Saint Norbert College came in at #18 in this year’s edition of the Best Value Business Administration Schools for a Master’s in the Great Lakes Region ranking. Saint Norbert College is a small school located in De Pere, Wisconsin that handed out 25 masters’s business administration degrees in 2019-2020.

Average graduate tuition and fees at SNC are $11,363, but some majors have different tuition rates.

Read more about Business Administration & Management at SNC

#19

Otterbein University

Westerville, Ohio

Otterbein University landed the #19 spot on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region ranking. Otterbein University is located in Westerville, Ohio and, has a small student population. In 2019-2020, this school awarded 23 masters’s business administration degrees to qualified students.

Average graduate tuition and fees at Otterbein University are $6,767, but you may pay more or less depending on your major.

Read more about Business Administration & Management at Otterbein University

#20

Concordia University, Wisconsin

Mequon, Wisconsin

Concordia University, Wisconsin did quite well in the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region ranking, coming in at #20. Concordia University, Wisconsin is a medium-sized school located in Mequon, Wisconsin that handed out 172 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 Concordia University, Wisconsin are $11,460.

Read full report on Business Administration & Management at Concordia University, Wisconsin

#21

Cardinal Stritch University

Milwaukee, Wisconsin

Cardinal Stritch University came in at #21 in this year’s edition of the Best Value Business Administration Schools for a Master’s in the Great Lakes Region ranking. Cardinal Stritch is located in Milwaukee, Wisconsin and, has a small student population. In 2019-2020, this school awarded 106 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 Cardinal Stritch University are $11,760.

Full Cardinal Stritch Business Administration & Management Report

#22

Bradley University

Peoria, Illinois

Bradley University ranked #22 on this year’s Best Value Business Administration Schools for a Master’s in the Great Lakes Region list. Bradley is located in Peoria, Illinois and, has a medium-sized student population. In 2019-2020, this school awarded 25 masters’s business administration degrees to qualified students.

Bradley also made our “Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region” list, coming in at #22. Average graduate tuition and fees at Bradley University are $17,040, but some majors have different tuition rates.

Read more about Business Administration & Management at Bradley University

#23

Valparaiso University

Valparaiso, Indiana

With a ranking of #23, Valparaiso University did quite well on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region list. Valparaiso University is a private not-for-profit institution located in Valparaiso, Indiana. The school has a small population, and it awarded 14 masters’s degrees in 2019-2020.

Average graduate tuition and fees at Valpo are $12,220, but you may pay more or less depending on your major.

Full Valpo Business Administration & Management Report

#24

Lewis University

Romeoville, Illinois

Lewis University landed the #24 spot on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region ranking. Located in Romeoville, Illinois, this medium-sized private not-for-profit school handed out 160 diplomas to qualified masters’s business administration students in 2019-2020.

Average graduate tuition and fees at Lewis University are $14,780, but some majors have different tuition rates.

Full Lewis University Business Administration & Management Report

#25

Purdue University Northwest

Hammond, Indiana

Purdue University Northwest 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 ranking. Purdue Northwest is a public institution located in Hammond, Indiana. The school has a medium-sized population, and it awarded 69 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 Purdue Northwest are $11,633.

Full Purdue Northwest Business Administration & Management Report

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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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