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2022 Best Value Master’s Degree Colleges for Finance & Financial Management in the Great Lakes Region (With Aid)

26 Ranked Colleges
662 Degrees Awarded
$23,200 Avg Grad Tuition & Fees*
Best Value Finance Schools for a Master's in the Great Lakes Region For Those Getting Aid

Students have lots of options to chooose from today when trying to decide which college to attend. One of our goals at College Factual is to give you as much information as we can - such as our “Best Value Finance Schools for a Master’s in the Great Lakes Region For Those Getting Aid” ranking - to help you make that decision.

Finance & Financial Management is the 14th most popular major in the country with 57,893 degrees awarded in 2019-2020. In 2017-2018, finance and financial management graduates who were awarded their degree in 2015-2017, earned an average of $51,578 and had an average of $26,517 in loans still to pay off.

Across the Great Lakes region, there were 9,731 finance and financial management graduates with average earnings and debt of $49,693 and $25,751 respectively. At the master’s degree level specifically, there were 662 finance and financial management graduates with average earnings and debt of $57,039 and $42,488 respectively.

For this year’s “Best Value Finance Schools for a Master’s in the Great Lakes Region For Those Getting Aid” ranking, we looked at 26 colleges that offer a degree in finance and financial management. Not only do the schools that top this list have excellent finance and financial management programs, but they also cost less that schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the finance and financial management program at the school and the cost to attend the school once aid has been awarded. For more information, check out our ranking methodology.

One Size Does Not Fit All

When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Finance Schools for a Master’s in the Great Lakes Region For Those Getting Aid” list to help you make the college decision.

One of our other unique offerings is College Combat. This tool lets you build your own customized comparisons utilizing the factors that are most important to you. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value Finance Schools for a Master’s in the Great Lakes Region For Those Getting Aid

The following schools top our list of the Best Best Value Finance Schools for a Master’s in the Great Lakes Region For Those Getting Aid.

Top 25 Best Value Master’s Degree Colleges for Finance & Financial Management in the Great Lakes Region (With Aid)

Out of the 26 schools in the Best Value Finance Schools for a Master’s in the Great Lakes Region For Those Getting Aid that were part of this year’s ranking, University of Wisconsin - Madison landed the #1 spot on the list. University of Wisconsin - Madison is a public institution located in Madison, Wisconsin. The school has a large population, and it awarded 27 masters’s degrees in 2019-2020.

As a testament to the quality of education offered at UW - Madison, the school also landed the #3 spot in our “Best Finance & Financial Management Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at University of Wisconsin - Madison are $25,523, but some majors have different tuition rates.

Read full report on Finance & Financial Management at UW - Madison

#2

Michigan State University

East Lansing, Michigan
#5 in overall quality

You’ll be in good company if you decide to attend Michigan State University. It ranked #2 on our 2022 Best Value Finance Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. This large school is located in East Lansing, Michigan, and it awarded 30 masters’s finance degrees in 2019-2020.

Michigan State also made our “Best Finance & Financial Management Master’s Degree Schools in the Great Lakes Region” list, coming in at #5. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Michigan State are $37,056.

Read full report on Finance & Financial Management at Michigan State University

#12 in overall quality

Out of the 26 schools in the Best Value Finance Schools for a Master’s in the Great Lakes Region For Those Getting Aid that were part of this year’s ranking, University of Illinois at Chicago landed the #3 spot on the list. UIC is a large public school situated in Chicago, Illinois. It awarded 3 masters’s finance degrees in 2019-2020.

UIC also took the #12 spot in our “Best Finance & Financial Management Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at UIC are $27,036, but some majors have different tuition rates.

Full UIC Finance & Financial Management Report

Out of the 26 schools in the Best Value Finance Schools for a Master’s in the Great Lakes Region For Those Getting Aid that were part of this year’s ranking, University of Michigan - Dearborn landed the #4 spot on the list. Dearborn, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out masters’s finance degrees to 17 students in 2019-2020.

As a testament to the quality of education offered at UM Dearborn, the school also landed the #13 spot in our “Best Finance & Financial Management Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at UM Dearborn are $25,072, but some majors have different tuition rates.

Full UM Dearborn Finance & Financial Management Report

#5

University of Notre Dame

Notre Dame, Indiana
#2 in overall quality

Out of the 26 schools in the Best Value Finance Schools for a Master’s in the Great Lakes Region For Those Getting Aid that were part of this year’s ranking, University of Notre Dame landed the #5 spot on the list. Notre Dame is a fairly large private not-for-profit school situated in Notre Dame, Indiana. It awarded 32 masters’s finance degrees in 2019-2020.

As a testament to the quality of education offered at Notre Dame, the school also landed the #2 spot in our “Best Finance & Financial Management Master’s Degree Schools in the Great Lakes Region” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Notre Dame are $57,522.

Full Notre Dame Finance & Financial Management Report

#6

Northwestern University

Evanston, Illinois
#1 in overall quality

Northwestern University landed the #6 spot on the 2022 Best Value Finance Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. Located in Evanston, Illinois, this large private not-for-profit school awarded 27 diplomas to qualified masters’s finance students in 2019-2020.

As a testament to the quality of education offered at Northwestern, the school also landed the #1 spot in our “Best Finance & Financial Management 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 Finance & Financial Management at Northwestern

#7

Northern Illinois University

Dekalb, Illinois
#15 in overall quality

Northern Illinois University did quite well in the 2022 Best Value Finance Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking, coming in at #7. Located in Dekalb, Illinois, this fairly large public school awarded 1 degrees to qualified masters’s finance students in 2019-2020.

NIU did well in our major quality rankings, too. It placed #15 on our “Best Finance & Financial Management 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 NIU are $11,086.

Full NIU Finance & Financial Management Report

#8

Saint Xavier University

Chicago, Illinois

Saint Xavier University landed the #8 spot on the 2022 Best Value Finance Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. Chicago, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out masters’s finance degrees to 20 students in 2019-2020.

SXU also took the #11 spot in our “Best Finance & Financial Management Master’s Degree Schools in the Great Lakes Region” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at SXU are $15,450.

Read more about Finance & Financial Management at Saint Xavier University

#9

Eastern Michigan University

Ypsilanti, Michigan

Eastern Michigan University came in at #9 in this year’s edition of the Best Value Finance Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. Eastern Michigan University is a fairly large school located in Ypsilanti, Michigan that handed out 17 masters’s finance degrees in 2019-2020.

Eastern Michigan also took the #14 spot in our “Best Finance & Financial Management Master’s Degree Schools in the Great Lakes Region” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Eastern Michigan University are $26,552.

Read more about Finance & Financial Management at Eastern Michigan

#10

University of Toledo

Toledo, Ohio

University of Toledo ranked #10 on this year’s Best Value Finance Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. This fairly large school is located in Toledo, Ohio, and it awarded 63 masters’s finance degrees in 2019-2020.

University of Toledo also took the #10 spot in our “Best Finance & Financial Management Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at University of Toledo are $27,067, but some majors have different tuition rates.

Read more about Finance & Financial Management at University of Toledo

#11

Cleary University

Howell, Michigan
#23 in overall quality

Cleary University came in at #11 in this year’s edition of the Best Value Finance Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. Cleary College is a small private not-for-profit school situated in Howell, Michigan. It awarded 1 masters’s finance degrees in 2019-2020.

Cleary College also made our “Best Finance & Financial Management Master’s Degree Schools in the Great Lakes Region” list, coming in at #23. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Cleary University are $16,538.

Read full report on Finance & Financial Management at Cleary College

#12

Concordia University, Chicago

River Forest, Illinois
#16 in overall quality

With a ranking of #12, Concordia University, Chicago did quite well on the 2022 Best Value Finance Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. Concordia University, Chicago is a medium-sized school located in River Forest, Illinois that handed out 15 masters’s finance degrees in 2019-2020.

In addition to being on our great lakes region master’s degree finance students with aid list, Concordia University, Chicago has also earned the #16 rank in our “Best Finance & Financial Management Master’s Degree Schools in the Great Lakes Region” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Concordia University, Chicago are $9,378.

Full Concordia University, Chicago Finance & Financial Management Report

#13

Baker College

Owosso, Michigan

With a ranking of #13, Baker College did quite well on the 2022 Best Value Finance Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. Baker College is a medium-sized private not-for-profit school situated in Owosso, Michigan. It awarded 6 masters’s finance degrees in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at Baker College are $12,710.

Read full report on Finance & Financial Management at Baker College

#24 in overall quality

Indiana Wesleyan University - National & Global came in at #14 in this year’s edition of the Best Value Finance Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. Indiana Wesleyan University - National & Global is a fairly large private not-for-profit school situated in Marion, Indiana. It awarded 13 masters’s finance degrees in 2019-2020.

In addition to being on our great lakes region master’s degree finance students with aid list, IWU has also earned the #24 rank in our “Best Finance & Financial 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 Finance & Financial Management at IWU

#17 in overall quality

With a ranking of #15, University of Akron Main Campus did quite well on the 2022 Best Value Finance Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. University of Akron Main Campus is a fairly large public school situated in Akron, Ohio. It awarded 5 masters’s finance degrees in 2019-2020.

University of Akron Main Campus also took the #17 spot in our “Best Finance & Financial Management Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at University of Akron Main Campus are $15,217, but you may pay more or less depending on your major.

Read more about Finance & Financial Management at University of Akron Main Campus

#16

Lewis University

Romeoville, Illinois
#21 in overall quality

Lewis University landed the #16 spot on the 2022 Best Value Finance Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. Located in Romeoville, Illinois, this medium-sized private not-for-profit school awarded 1 diplomas to qualified masters’s finance students in 2019-2020.

Lewis also took the #21 spot in our “Best Finance & Financial Management Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Lewis University are $14,780, but some majors have different tuition rates.

Full Lewis University Finance & Financial Management Report

#9 in overall quality

Illinois Institute of Technology landed the #17 spot on the 2022 Best Value Finance Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. Illinois Tech is a medium-sized private not-for-profit school situated in Chicago, Illinois. It awarded 38 masters’s finance degrees in 2019-2020.

Illinois Tech not only placed well in this ranking. It is also #9 on our “Best Finance & Financial Management 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 Illinois Tech are $30,695.

Full Illinois Tech Finance & Financial Management Report

#18

Cornerstone University

Grand Rapids, Michigan

Cornerstone University ranked #18 on this year’s Best Value Finance Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. Cornerstone University is located in Grand Rapids, Michigan and, has a small student population. In 2019-2020, this school awarded 9 masters’s finance degrees to qualified students.

Average graduate tuition and fees at Cornerstone are $14,710, but you may pay more or less depending on your major.

Full Cornerstone University Finance & Financial Management Report

#8 in overall quality

Ohio University - Athens Campus ranked #19 on this year’s Best Value Finance Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. Ohio University - Athens Campus is a large public school situated in Athens, Ohio. It awarded 3 masters’s finance degrees in 2019-2020.

As a testament to the quality of education offered at OHIO Athens, the school also landed the #8 spot in our “Best Finance & Financial Management Master’s Degree Schools in the Great Lakes Region” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at OHIO Athens are $17,712.

Read more about Finance & Financial Management at OHIO Athens

#20

Concordia University, Wisconsin

Mequon, Wisconsin

Concordia University, Wisconsin ranked #20 on this year’s Best Value Finance Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. Located in Mequon, Wisconsin, this medium-sized private not-for-profit school handed out 14 diplomas to qualified masters’s finance students in 2019-2020.

In addition to being on our great lakes region master’s degree finance students with aid list, Concordia University, Wisconsin has also earned the #18 rank in our “Best Finance & Financial Management Master’s Degree Schools in the Great Lakes Region” ranking. 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 Finance & Financial Management at Concordia University, Wisconsin

#21

Davenport University

Grand Rapids, Michigan

Davenport University came in at #21 in this year’s edition of the Best Value Finance Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. Davenport University is a medium-sized private not-for-profit school situated in Grand Rapids, Michigan. It awarded 1 masters’s finance degrees in 2019-2020.

Average graduate tuition and fees at Davenport University are $16,636, but you may pay more or less depending on your major.

Read full report on Finance & Financial Management at Davenport University

#22

Tiffin University

Tiffin, Ohio
#22 in overall quality

With a ranking of #22, Tiffin University did quite well on the 2022 Best Value Finance Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. Tiffin University is a small private not-for-profit school situated in Tiffin, Ohio. It awarded 23 masters’s finance degrees in 2019-2020.

Tiffin University also made our “Best Finance & Financial Management Master’s Degree Schools in the Great Lakes Region” list, coming in at #22. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Tiffin University are $13,000.

Full Tiffin University Finance & Financial Management Report

Case Western Reserve University landed the #23 spot on the 2022 Best Value Finance Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. Case Western Reserve University is a private not-for-profit institution located in Cleveland, Ohio. The school has a fairly large population, and it awarded 197 masters’s degrees in 2019-2020.

Case Western also made our “Best Finance & Financial Management Master’s Degree Schools in the Great Lakes Region” list, coming in at #4. Average graduate tuition and fees at Case Western Reserve University are $47,958, but some majors have different tuition rates.

Read more about Finance & Financial Management at Case Western Reserve University

#24

University of Dayton

Dayton, Ohio
#6 in overall quality

University of Dayton landed the #24 spot on the 2022 Best Value Finance Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. University of Dayton is located in Dayton, Ohio and, has a fairly large student population. In 2019-2020, this school awarded 18 masters’s finance degrees to qualified students.

In addition to being on our great lakes region master’s degree finance students with aid list, UDayton has also earned the #6 rank in our “Best Finance & Financial Management Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at UDayton are $17,780, but some majors have different tuition rates.

Full UDayton Finance & Financial Management Report

#25

Benedictine University

Lisle, Illinois
#20 in overall quality

Benedictine University landed the #25 spot on the 2022 Best Value Finance Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. Benedictine U is located in Lisle, Illinois and, has a small student population. In 2019-2020, this school awarded 1 masters’s finance degrees to qualified students.

Benedictine U did well in our major quality rankings, too. It placed #20 on our “Best Finance & Financial Management Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Benedictine University are $19,709, but some majors have different tuition rates.

Read full report on Finance & Financial Management at Benedictine U

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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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