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2022 Best Value Master’s Degree Colleges for General Business/Commerce (Income $30-$48k) in the Great Lakes Region

19 Ranked Colleges
3,159 Degrees Awarded
$26,500 Avg Grad Tuition & Fees*
Best Value General Business Schools for a Master's in the Great Lakes Region For Those Making $30-$48k

It’s not easy to decide which college to attend when there so many options available for students. College Factual has developed its “Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k” ranking as one item you can use to help make this decision.

General Business/Commerce is one of the most popular majors in the nation, ranking 9th of all the majors we analyze. In 2019-2020, 55,749 degrees were awarded to students with this major.

Across the Great Lakes region, there were 10,177 general business/commerce graduates with average earnings and debt of $0 and $0 respectively. At the master’s degree level specifically, there were 3,159 general business/commerce graduates with average earnings and debt of $57,039 and $42,488 respectively.

This year’s “Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k” ranking looked at 19 colleges that offer degrees in a bachelor’s in general business/commerce. Not only do the schools that top this list have excellent general business/commerce 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 general business/commerce program at the school and the cost of the school after aid is awarded among other things. For more information, check out our ranking methodology.

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 General Business Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k” list, to help you choose the best school for you.

To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to 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 General Business Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k

The colleges and universities below are the best for great lakes region master’s degree general business students whose families make $30-$48k.

Top 19 Best Value Master’s Degree Colleges for General Business/Commerce (Income $30-$48k) in the Great Lakes Region

#1

Northwestern University

Evanston, Illinois
#1 in overall quality

You’ll be in good company if you decide to attend Northwestern University. It ranked #1 on our 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k list. Evanston, Illinois is the setting for this large institution of higher learning. The private not-for-profit school handed out masters’s general business degrees to 1,048 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 General Business/Commerce 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.

Full Northwestern General Business/Commerce Report

#2

University of Chicago

Chicago, Illinois
#2 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Chicago. The school came in at #2 for the Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k. UChicago is a fairly large school located in Chicago, Illinois that handed out 11 masters’s general business degrees in 2019-2020.

UChicago did well in our major quality rankings, too. It placed #2 on our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at UChicago are $61,548, but you may pay more or less depending on your major.

Read more about General Business/Commerce at University of Chicago

#3

University of Notre Dame

Notre Dame, Indiana
#3 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Notre Dame. The school came in at #3 for the Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k. University of Notre Dame is located in Notre Dame, Indiana and, has a fairly large student population. In 2019-2020, this school awarded 46 masters’s general business degrees to qualified students.

In addition to being on our great lakes region master’s degree general business students whose families make $30-$48k list, Notre Dame has also earned the #3 rank in our “Best General Business/Commerce 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 General Business/Commerce Report

#5 in overall quality

You’ll be in good company if you decide to attend University of Wisconsin - Madison. It ranked #4 on our 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k list. University of Wisconsin - Madison is located in Madison, Wisconsin and, has a large student population. In 2019-2020, this school awarded 94 masters’s general business degrees to qualified students.

In addition to being on our great lakes region master’s degree general business students whose families make $30-$48k list, UW - Madison has also earned the #5 rank in our “Best General Business/Commerce 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 UW - Madison are $25,523.

Read full report on General Business/Commerce at UW - Madison

#5

Indiana University - Bloomington

Bloomington, Indiana
#4 in overall quality

Out of the 19 schools in the Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k that were part of this year’s ranking, Indiana University - Bloomington landed the #5 spot on the list. Located in Bloomington, Indiana, this large public school awarded 905 degrees to qualified masters’s general business students in 2019-2020.

IU Bloomington also made our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list, coming in at #4. Average graduate tuition and fees at IU Bloomington are $33,338, but you may pay more or less depending on your major.

Read more about General Business/Commerce at IU Bloomington

#16 in overall quality

With a ranking of #6, Indiana University - Northwest did quite well on the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k list. Located in Gary, Indiana, this small public school handed out 41 diplomas to qualified masters’s general business students in 2019-2020.

In addition to being on our great lakes region master’s degree general business students whose families make $30-$48k list, IU Northwest has also earned the #16 rank in our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at IU Northwest are $18,275, but you may pay more or less depending on your major.

Read full report on General Business/Commerce at IU Northwest

#9 in overall quality

Indiana University - Purdue University - Indianapolis did quite well in the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #7. Indiana University - Purdue University - Indianapolis is a public institution located in Indianapolis, Indiana. The school has a large population, and it awarded 190 masters’s degrees in 2019-2020.

IUPUI also took the #9 spot in our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Indiana University - Purdue University - Indianapolis are $26,013, but you may pay more or less depending on your major.

Read more about General Business/Commerce at IUPUI

#7 in overall quality

University of Wisconsin - Whitewater came in at #8 in this year’s edition of the Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking. University of Wisconsin - Whitewater is a public institution located in Whitewater, Wisconsin. The school has a fairly large population, and it awarded 204 masters’s degrees in 2019-2020.

As a testament to the quality of education offered at UW - Whitewater, the school also landed the #7 spot in our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at University of Wisconsin - Whitewater are $19,200, but you may pay more or less depending on your major.

Read full report on General Business/Commerce at UW - Whitewater

#17 in overall quality

Indiana University - Kokomo did quite well in the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #9. This small school is located in Kokomo, Indiana, and it awarded 25 masters’s general business degrees in 2019-2020.

In addition to being on our great lakes region master’s degree general business students whose families make $30-$48k list, IU Kokomo has also earned the #17 rank in our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at IU Kokomo are $18,275, but you may pay more or less depending on your major.

Read more about General Business/Commerce at Indiana University - Kokomo

#10

Indiana University - South Bend

South Bend, Indiana
#15 in overall quality

Indiana University - South Bend landed the #10 spot on the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking. This small school is located in South Bend, Indiana, and it awarded 15 masters’s general business degrees in 2019-2020.

Indiana University - South Bend not only placed well in this ranking. It is also #15 on our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Indiana University - South Bend are $18,275, but you may pay more or less depending on your major.

Full Indiana University - South Bend General Business/Commerce Report

#11

Indiana University - Southeast

New Albany, Indiana
#13 in overall quality

Indiana University - Southeast came in at #11 in this year’s edition of the Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking. This small school is located in New Albany, Indiana, and it awarded 30 masters’s general business degrees in 2019-2020.

Indiana University - Southeast also took the #13 spot in our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Indiana University - Southeast are $18,275, but some majors have different tuition rates.

Read full report on General Business/Commerce at Indiana University - Southeast

#12

Michigan State University

East Lansing, Michigan
#8 in overall quality

Michigan State University ranked #12 on this year’s Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k list. East Lansing, Michigan is the setting for this large institution of higher learning. The public school handed out masters’s general business degrees to 91 students in 2019-2020.

In addition to being on our great lakes region master’s degree general business students whose families make $30-$48k list, Michigan State has also earned the #8 rank in our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Michigan State are $37,056, but you may pay more or less depending on your major.

Read full report on General Business/Commerce at Michigan State University

#13

Grand Valley State University

Allendale, Michigan
#11 in overall quality

Grand Valley State University ranked #13 on this year’s Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k list. GVSU is located in Allendale, Michigan and, has a large student population. In 2019-2020, this school awarded 68 masters’s general business degrees to qualified students.

GVSU also made our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list, coming in at #11. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Grand Valley State University are $17,448.

Read more about General Business/Commerce at Grand Valley State University

#14

Purdue University Fort Wayne

Fort Wayne, Indiana
#12 in overall quality

Purdue University Fort Wayne came in at #14 in this year’s edition of the Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking. Fort Wayne, Indiana is the setting for this medium-sized institution of higher learning. The public school handed out masters’s general business degrees to 41 students in 2019-2020.

PFW did well in our major quality rankings, too. It placed #12 on our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Purdue University Fort Wayne are $14,618, but you may pay more or less depending on your major.

Full Purdue University Fort Wayne General Business/Commerce Report

#15

Ball State University

Muncie, Indiana
#10 in overall quality

Ball State University did quite well in the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #15. Muncie, Indiana is the setting for this large institution of higher learning. The public school handed out masters’s general business degrees to 86 students in 2019-2020.

As a testament to the quality of education offered at Ball State, the school also landed the #10 spot in our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Ball State are $26,204, but you may pay more or less depending on your major.

Full Ball State University General Business/Commerce Report

#16

Youngstown State University

Youngstown, Ohio
#14 in overall quality

Youngstown State University did quite well in the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #16. Located in Youngstown, Ohio, this fairly large public school handed out 32 diplomas to qualified masters’s general business students in 2019-2020.

Youngstown State University not only placed well in this ranking. It is also #14 on our “Best General Business/Commerce 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 Youngstown State University are $9,495.

Read full report on General Business/Commerce at Youngstown State University

#17

Indiana Institute of Technology

Fort Wayne, Indiana
#18 in overall quality

Indiana Institute of Technology landed the #17 spot on the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking. Located in Fort Wayne, Indiana, this small private not-for-profit school awarded 99 degrees to qualified masters’s general business students in 2019-2020.

In addition to being on our great lakes region master’s degree general business students whose families make $30-$48k list, Indiana Tech has also earned the #18 rank in our “Best General Business/Commerce 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 Indiana Institute of Technology are $10,026.

Read full report on General Business/Commerce at Indiana Institute of Technology

#18

Roosevelt University

Chicago, Illinois

Roosevelt University did quite well in the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k ranking, coming in at #18. Chicago, Illinois is the setting for this small institution of higher learning. The private not-for-profit school handed out masters’s general business degrees to 5 students in 2019-2020.

Roosevelt also made our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list, coming in at #0. Average graduate tuition and fees at Roosevelt University are $21,605, but you may pay more or less depending on your major.

Read full report on General Business/Commerce at Roosevelt

#19

Xavier University

Cincinnati, Ohio
#6 in overall quality

With a ranking of #19, Xavier University did quite well on the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $30-$48k list. Located in Cincinnati, Ohio, this medium-sized private not-for-profit school awarded 128 diplomas to qualified masters’s general business students in 2019-2020.

In addition to being on our great lakes region master’s degree general business students whose families make $30-$48k list, Xavier has also earned the #6 rank in our “Best General Business/Commerce 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 Xavier are $12,076.

Read more about General Business/Commerce at Xavier 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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