2022 Best Value Master’s Degree Colleges for Business/Managerial Economics in the Great Lakes Region

With all of the options students have for higher education today, it can be tough to choose which direction to take. 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 Managerial Economics Schools for a Master’s in the Great Lakes Region” ranking is one tool we have developed to help in this regard.

In 2019-2020, 6,169 people earned their degree in business/managerial economics, making the major the 110th most popular in the United States. 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 master’s degree level specifically, there were 13 business/managerial economics graduates with average earnings and debt of $57,039 and $42,488 respectively.

For this year’s “Best Value Managerial Economics Schools for a Master’s in the Great Lakes Region” ranking, we looked at 2 colleges that offer 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.

Some of the factors we look at when determining these rankings are overall quality of the business/managerial economics program at the school and the cost of the school after aid is awarded among other things. See our ranking methodology to learn more.

One Size Does Not Fit All

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Managerial Economics Schools for a Master’s in the Great Lakes Region” list, to help you choose the best school for you.

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. 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 Managerial Economics Schools for a Master’s in the Great Lakes Region

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

Top 2 Best Value Master’s Degree Colleges for Business/Managerial Economics in the Great Lakes Region

#1

Xavier University

Cincinnati, Ohio

#2 in overall quality

$12,076 Avg Grad Tuition & Fees

Out of the 2 schools in the Best Value Managerial Economics Schools for a Master’s in the Great Lakes Region that were part of this year’s ranking, Xavier University landed the #1 spot on the list. Cincinnati, Ohio is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out masters’s managerial economics degrees to 7 students in 2019-2020.

Xavier did well in our major quality rankings, too. It placed #2 on our “Best Business/Managerial Economics Master’s Degree Schools in the Great Lakes Region” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Xavier are $12,076.

Read more about Business/Managerial Economics at Xavier University

#2

Northwestern University

Evanston, Illinois

#1 in overall quality

$56,567 Avg Grad Tuition & Fees

You’ll join some of the best and brightest minds around if you attend Northwestern University. The school came in at #2 for the Best Value Managerial Economics Schools for a Master’s in the Great Lakes Region. Northwestern is located in Evanston, Illinois and, has a large student population. In 2019-2020, this school awarded 5 masters’s managerial economics degrees to qualified students.

Northwestern also took the #1 spot in our “Best Business/Managerial Economics Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Northwestern University are $56,567, but you may pay more or less depending on your major.

Read full report on Business/Managerial Economics at Northwestern

• Best Value Master’s Degree Colleges for Business/Managerial Economics

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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