2022 Best Value Bachelor’s Degree Colleges for Business/Managerial Economics in the Great Lakes Region
It’s not easy to decide which college to attend when there so many options available for students. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region” ranking.
Business/Managerial Economics is the 110th most popular major in the country with 6,169 degrees awarded in 2019-2020. In 2017-2018, business/managerial economics graduates who were awarded their degree in 2015-2017, earned an average of $46,084 and had an average of $21,728 in loans still to pay off.
Across the Great Lakes region, there were 687 business/managerial economics graduates with average earnings and debt of $48,920 and $23,454 respectively. At the bachelor’s degree level specifically, there were 633 business/managerial economics graduates with average earnings and debt of $39,075 and $25,381 respectively.
This year’s “Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region” ranking analyzed 31 colleges that offered a degree in business/managerial economics. The schools that top this list are recognized because they have great business/managerial economics programs and cost less that schools of similar quality.
When determining these rankings, we looked at things such as overall quality of the business/managerial economics program at the school and the cost to attend the school once aid has been awarded. See our ranking methodology to learn more.
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The managerial economics 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 Managerial Economics Schools for a Bachelor’s in the Great Lakes Region”.
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 by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.
Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region
The colleges and universities below are the best for great lakes region bachelor’s degree managerial economics students.
Top 25 Best Value Bachelor’s Degree Colleges for Business/Managerial Economics in the Great Lakes Region
You’ll join some of the best and brightest minds around if you attend Southern Illinois University Edwardsville. The school came in at #1 for the Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region. Southern Illinois University Edwardsville is a public institution located in Edwardsville, Illinois. The school has a fairly large population, and it awarded 34 bachelors’s degrees in 2019-2020.
As a testament to the quality of education offered at SIUE, the school also landed the #16 spot in our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $14,423 for great lakes region bachelor’s degree managerial economics students per year to attend SIUE.
You’ll join some of the best and brightest minds around if you attend Grand Valley State University. The school came in at #2 for the Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region. This large school is located in Allendale, Michigan, and it awarded 55 bachelors’s managerial economics degrees in 2019-2020.
GVSU not only placed well in this ranking. It is also #9 on our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend Grand Valley State University is $17,646 for Great Lakes Region Bachelor’s Degree Managerial Economics students.
The school has an impressive student loan default rate. It’s only 3.7%, which is much lower than the national rate of 10.1%.
You’ll be in good company if you decide to attend Western Illinois University. It ranked #3 on our 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region list. Located in Macomb, Illinois, this medium-sized public school awarded 4 degrees to qualified bachelors’s managerial economics students in 2019-2020.
WIU did well in our major quality rankings, too. It placed #24 on our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $16,210 for Great Lakes Region Bachelor’s Degree Managerial Economics students per year to attend WIU.
Out of the 31 schools in the Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region that were part of this year’s ranking, Youngstown State University landed the #4 spot on the list. Youngstown, Ohio is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s managerial economics degrees to 3 students in 2019-2020.
The yearly cost to attend Youngstown State University is $11,947 for great lakes region bachelor’s degree managerial economics students.
Full Youngstown State University Business/Managerial Economics Report
You’ll be in good company if you decide to attend Southern Illinois University Carbondale. It ranked #5 on our 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region list. SIUC is a fairly large school located in Carbondale, Illinois that handed out 5 bachelors’s managerial economics degrees in 2019-2020.
SIUC did well in our major quality rankings, too. It placed #23 on our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for SIUC is $16,945 for Great Lakes Region Bachelor’s Degree Managerial Economics students.
Eastern Michigan University did quite well in the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region ranking, coming in at #6. Eastern Michigan is a fairly large school located in Ypsilanti, Michigan that handed out 4 bachelors’s managerial economics degrees in 2019-2020.
The estimated yearly cost for Eastern Michigan is $15,924 for Great Lakes Region Bachelor’s Degree Managerial Economics students.
Read more about Business/Managerial Economics at Eastern Michigan University
Wright State University - Main Campus ranked #7 on this year’s Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region list. Dayton, Ohio is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s managerial economics degrees to 24 students in 2019-2020.
Wright State University - Main Campus did well in our major quality rankings, too. It placed #25 on our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend Wright State University - Main Campus is $16,823 for Great Lakes Region Bachelor’s Degree Managerial Economics students.
Read full report on Business/Managerial Economics at Wright State University - Main Campus
Cleveland State University ranked #8 on this year’s Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region list. Cleveland State University is a fairly large school located in Cleveland, Ohio that handed out 13 bachelors’s managerial economics degrees in 2019-2020.
It costs about $17,278 for great lakes region bachelor’s degree managerial economics students per year to attend Cleveland State University.
Read more about Business/Managerial Economics at Cleveland State University
Kent State University at Kent came in at #9 in this year’s edition of the Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region ranking. Kent, Ohio is the setting for this large institution of higher learning. The public school handed out bachelors’s managerial economics degrees to 2 students in 2019-2020.
The yearly cost to attend Kent State is $18,885 for great lakes region bachelor’s degree managerial economics students.
Full Kent State University at Kent Business/Managerial Economics Report
Oakland University did quite well in the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region ranking, coming in at #10. Rochester Hills, Michigan is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s managerial economics degrees to 4 students in 2019-2020.
Oakland also took the #19 spot in our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $11,802 for Great Lakes Region Bachelor’s Degree Managerial Economics students per year to attend Oakland University.
Read full report on Business/Managerial Economics at Oakland University
Ohio University - Athens Campus did quite well in the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region ranking, coming in at #11. Athens, Ohio is the setting for this large institution of higher learning. The public school handed out bachelors’s managerial economics degrees to 17 students in 2019-2020.
OHIO Athens did well in our major quality rankings, too. It placed #18 on our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list. It costs about $22,906 for great lakes region bachelor’s degree managerial economics students per year to attend OHIO Athens.
Read full report on Business/Managerial Economics at OHIO Athens
With a ranking of #12, Ohio State University - Main Campus did quite well on the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region list. Ohio State is located in Columbus, Ohio and, has a large student population. In 2019-2020, this school awarded 91 bachelors’s managerial economics degrees to qualified students.
Ohio State not only placed well in this ranking. It is also #2 on our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend Ohio State is $17,616 for great lakes region bachelor’s degree managerial economics students.
The student loan default rate at the school is 4.4%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 94%, which means students like the school well enough to return for a second year.
Full Ohio State University - Main Campus Business/Managerial Economics Report
Cedarville University came in at #13 in this year’s edition of the Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region ranking. Located in Cedarville, Ohio, this small private not-for-profit school awarded 5 diplomas to qualified bachelors’s managerial economics students in 2019-2020.
Cedarville not only placed well in this ranking. It is also #14 on our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend Cedarville University is $21,727 for Great Lakes Region Bachelor’s Degree Managerial Economics students.
With a freshman retention rate of 88%, the school does an excellent job of retaining its students. The school has an impressive student loan default rate. It’s only 2.0%, which is much lower than the national rate of 10.1%.
Saginaw Valley State University came in at #14 in this year’s edition of the Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region ranking. University Center, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s managerial economics degrees to 6 students in 2019-2020.
The yearly cost to attend Saginaw Valley State University is $14,248 for great lakes region bachelor’s degree managerial economics students.
Read full report on Business/Managerial Economics at Saginaw Valley State University
Wheaton College Illinois came in at #15 in this year’s edition of the Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region ranking. Wheaton College Illinois is a small school located in Wheaton, Illinois that handed out 66 bachelors’s managerial economics degrees in 2019-2020.
As a testament to the quality of education offered at Wheaton College Illinois, the school also landed the #1 spot in our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $25,358 for great lakes region bachelor’s degree managerial economics students per year to attend Wheaton College Illinois.
The school has an impressive student loan default rate. It’s only 0.7%, which is much lower than the national rate of 10.1%. The student-to-faculty ratio of 10 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one. With a freshman retention rate of 90%, the school does an excellent job of retaining its students.
Read full report on Business/Managerial Economics at Wheaton College Illinois
Hope College came in at #16 in this year’s edition of the Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region ranking. Hope College is located in Holland, Michigan and, has a small student population. In 2019-2020, this school awarded 10 bachelors’s managerial economics degrees to qualified students.
In addition to being on our great lakes region bachelor’s degree managerial economics students list, Hope has also earned the #7 rank in our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. The estimated yearly cost for Hope is $26,562 for Great Lakes Region Bachelor’s Degree Managerial Economics students.
The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year. The low student loan default rate of 2.1% 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%.
With a ranking of #17, Northwood University did quite well on the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region list. This small school is located in Midland, Michigan, and it awarded 1 bachelors’s managerial economics degrees in 2019-2020.
Northwood did well in our major quality rankings, too. It placed #21 on our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend Northwood University is $21,618 for great lakes region bachelor’s degree managerial economics students.
With a student-to-faculty ratio of 9 to 1, it’s easy to see that the school is committed to helping their undergraduates succeed.
With a ranking of #18, Bradley University did quite well on the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region list. Bradley is a medium-sized school located in Peoria, Illinois that handed out 6 bachelors’s managerial economics degrees in 2019-2020.
Bradley not only placed well in this ranking. It is also #10 on our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for Bradley is $25,634 for Great Lakes Region Bachelor’s Degree Managerial Economics students.
The student loan default rate at the school is 2.5%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 86%.
Read full report on Business/Managerial Economics at Bradley University
Carroll University did quite well in the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region ranking, coming in at #19. Waukesha, Wisconsin is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s managerial economics degrees to 1 students in 2019-2020.
Carroll U also took the #17 spot in our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” ranking. It costs about $23,355 for great lakes region bachelor’s degree managerial economics students per year to attend Carroll University.
The school has an impressive student loan default rate. It’s only 3.2%, which is much lower than the national rate of 10.1%.
Lewis University landed the #20 spot on the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region ranking. Lewis University is a medium-sized school located in Romeoville, Illinois that handed out 11 bachelors’s managerial economics degrees in 2019-2020.
Lewis also made our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #15. It costs about $18,664 for great lakes region bachelor’s degree managerial economics students per year to attend Lewis.
The low student loan default rate of 3.6% 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%.
Miami University - Oxford did quite well in the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region ranking, coming in at #21. Miami University - Oxford is located in Oxford, Ohio and, has a fairly large student population. In 2019-2020, this school awarded 44 bachelors’s managerial economics degrees to qualified students.
Miami University - Oxford did well in our major quality rankings, too. It placed #6 on our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend Miami University - Oxford is $24,323 for great lakes region bachelor’s degree managerial economics students.
With a freshman retention rate of 88%, the school does an excellent job of retaining its students.
Read full report on Business/Managerial Economics at Miami University - Oxford
Benedictine University did quite well in the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region ranking, coming in at #22. Benedictine University is a small private not-for-profit school situated in Lisle, Illinois. It awarded 4 bachelors’s managerial economics degrees in 2019-2020.
Benedictine U not only placed well in this ranking. It is also #22 on our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list. The estimated yearly cost for Benedictine U is $25,143 for great lakes region bachelor’s degree managerial economics students.
Read full report on Business/Managerial Economics at Benedictine U
With a ranking of #23, University of Indianapolis did quite well on the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region list. Indianapolis, Indiana is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out bachelors’s managerial economics degrees to 2 students in 2019-2020.
The yearly cost to attend University of Indianapolis is $20,512 for Great Lakes Region Bachelor’s Degree Managerial Economics students.
Full University of Indianapolis Business/Managerial Economics Report
Capital University ranked #24 on this year’s Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region list. Located in Columbus, Ohio, this small private not-for-profit school awarded 12 diplomas to qualified bachelors’s managerial economics students in 2019-2020.
Capital also made our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list, coming in at #20. It costs about $22,642 for great lakes region bachelor’s degree managerial economics students per year to attend Capital University.
The school has an impressive student loan default rate. It’s only 4.8%, which is much lower than the national rate of 10.1%.
Read full report on Business/Managerial Economics at Capital University
With a ranking of #25, DePaul University did quite well on the 2022 Best Value Managerial Economics Schools for a Bachelor’s in the Great Lakes Region list. DePaul is a private not-for-profit institution located in Chicago, Illinois. The school has a large population, and it awarded 33 bachelors’s degrees in 2019-2020.
DePaul did well in our major quality rankings, too. It placed #11 on our “Best Business/Managerial Economics Bachelor’s Degree Schools in the Great Lakes Region” list. The yearly cost to attend DePaul is $30,090 for great lakes region bachelor’s degree managerial economics students.
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%.
Read full report on Business/Managerial Economics at DePaul 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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