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2022 Best Value Master’s Degree Colleges for General Business/Commerce (With Aid)

105 Ranked Colleges
8,782 Degrees Awarded
$27,100 Avg Grad Tuition & Fees*
Best Value General Business Schools for a Master's For Those Getting Aid

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 For Those Getting Aid” 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.

At the master’s degree level specifically, there were 8,782 general business/commerce graduates with average earnings and debt of $56,398 and $43,194 respectively.

This year’s “Best Value General Business Schools for a Master’s For Those Getting Aid” ranking looked at 105 colleges that offer degrees in a bachelor’s in general business/commerce. This ranking identifies schools with high-quality general business/commerce programs that also have a lower cost than schools of similar quality.

To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the general business/commerce program at the school. Check out our ranking methodology for more information.

One Size Does Not Fit All

The general business 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 General Business Schools for a Master’s For Those Getting Aid”.

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. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

Best Value General Business Schools for a Master’s For Those Getting Aid

The colleges and universities below are the best for master’s degree general business students with aid.

Top 25 Best Value Master’s Degree Colleges for General Business/Commerce (With Aid)

#1

Indiana University - Bloomington

Bloomington, Indiana
#6 in overall quality

You’ll join some of the best and brightest minds around if you attend Indiana University - Bloomington. The school came in at #1 for the Best Value General Business Schools for a Master’s For Those Getting Aid. Located in Bloomington, Indiana, this large public school awarded 905 degrees to qualified masters’s general business students in 2019-2020.

IU Bloomington not only placed well in this ranking. It is also #6 on our “Best General Business/Commerce Master’s Degree Schools” list. Average graduate tuition and fees at IU Bloomington are $33,338, but you may pay more or less depending on your major.

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

#2

Massachusetts Institute of Technology

Cambridge, Massachusetts
#3 in overall quality

You’ll be in good company if you decide to attend Massachusetts Institute of Technology. It ranked #2 on our 2022 Best Value General Business Schools for a Master’s For Those Getting Aid list. MIT is a fairly large school located in Cambridge, Massachusetts that handed out 40 masters’s general business degrees in 2019-2020.

MIT did well in our major quality rankings, too. It placed #3 on our “Best General Business/Commerce Master’s Degree Schools” list. Average graduate tuition and fees at MIT are $56,719, but you may pay more or less depending on your major.

Read more about General Business/Commerce at Massachusetts Institute of Technology

#7 in overall quality

Out of the 105 schools in the Best Value General Business Schools for a Master’s For Those Getting Aid that were part of this year’s ranking, University of Wisconsin - Madison landed the #3 spot on the list. University of Wisconsin - Madison is a large school located in Madison, Wisconsin that handed out 94 masters’s general business degrees in 2019-2020.

UW - Madison also made our “Best General Business/Commerce Master’s Degree Schools” list, coming in at #7. Average graduate tuition and fees at UW - Madison are $25,523, but some majors have different tuition rates.

Read full report on General Business/Commerce at University of Wisconsin - Madison

You’ll join some of the best and brightest minds around if you attend Indiana University - Northwest. The school came in at #4 for the Best Value General Business Schools for a Master’s For Those Getting Aid. Located in Gary, Indiana, this small public school handed out 41 diplomas to qualified masters’s general business students in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at IU Northwest are $18,275.

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

Out of the 105 schools in the Best Value General Business Schools for a Master’s For Those Getting Aid that were part of this year’s ranking, University of Central Florida landed the #5 spot on the list. UCF is a large school located in Orlando, Florida that handed out 259 masters’s general business degrees in 2019-2020.

Average graduate tuition and fees at University of Central Florida are $28,657, but you may pay more or less depending on your major.

Read more about General Business/Commerce at University of Central Florida

#6

Harvard University

Cambridge, Massachusetts
#16 in overall quality

Harvard University landed the #6 spot on the 2022 Best Value General Business Schools for a Master’s For Those Getting Aid ranking. Cambridge, Massachusetts is the setting for this large institution of higher learning. The private not-for-profit school handed out masters’s general business degrees to 12 students in 2019-2020.

As a testament to the quality of education offered at Harvard, the school also landed the #16 spot in our “Best General Business/Commerce Master’s Degree Schools” ranking. Average graduate tuition and fees at Harvard University are $50,654, but you may pay more or less depending on your major.

Read full report on General Business/Commerce at Harvard

#24 in overall quality

University of Wisconsin - Whitewater ranked #7 on this year’s Best Value General Business Schools for a Master’s For Those Getting Aid list. University of Wisconsin - Whitewater is located in Whitewater, Wisconsin and, has a fairly large student population. In 2019-2020, this school awarded 204 masters’s general business degrees to qualified students.

UW - Whitewater also took the #24 spot in our “Best General Business/Commerce Master’s Degree Schools” ranking. Average graduate tuition and fees at UW - Whitewater are $19,200, but you may pay more or less depending on your major.

Read more about General Business/Commerce at UW - Whitewater

#8

Florida State University

Tallahassee, Florida
#19 in overall quality

Florida State University came in at #8 in this year’s edition of the Best Value General Business Schools for a Master’s For Those Getting Aid ranking. Florida State University is a large school located in Tallahassee, Florida that handed out 168 masters’s general business degrees in 2019-2020.

Florida State did well in our major quality rankings, too. It placed #19 on our “Best General Business/Commerce Master’s Degree Schools” list. Average graduate tuition and fees at Florida State are $26,707, but you may pay more or less depending on your major.

Read full report on General Business/Commerce at Florida State

University of South Florida - Main Campus landed the #9 spot on the 2022 Best Value General Business Schools for a Master’s For Those Getting Aid ranking. Located in Tampa, Florida, this large public school awarded 33 degrees to qualified masters’s general business students in 2019-2020.

Average graduate tuition and fees at USF Tampa are $21,126, but you may pay more or less depending on your major.

Read full report on General Business/Commerce at University of South Florida - Main Campus

Indiana University - Purdue University - Indianapolis came in at #10 in this year’s edition of the Best Value General Business Schools for a Master’s For Those Getting Aid ranking. Indianapolis, Indiana is the setting for this large institution of higher learning. The public school handed out masters’s general business degrees to 190 students in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at IUPUI are $26,013.

Full IUPUI General Business/Commerce Report

#11

University of Missouri - St Louis

Saint Louis, Missouri

University of Missouri - St Louis ranked #11 on this year’s Best Value General Business Schools for a Master’s For Those Getting Aid list. UMSL is a fairly large school located in Saint Louis, Missouri that handed out 124 masters’s general business degrees in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at UMSL are $30,154.

Full UMSL General Business/Commerce Report

#12

Michigan State University

East Lansing, Michigan
#25 in overall quality

Michigan State University came in at #12 in this year’s edition of the Best Value General Business Schools for a Master’s For Those Getting Aid ranking. 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.

Michigan State also took the #25 spot in our “Best General Business/Commerce Master’s Degree Schools” ranking. Average graduate tuition and fees at Michigan State University are $37,056, but some majors have different tuition rates.

Full Michigan State General Business/Commerce Report

#13

Northern Kentucky University

Highland Heights, Kentucky

Northern Kentucky University landed the #13 spot on the 2022 Best Value General Business Schools for a Master’s For Those Getting Aid ranking. Located in Highland Heights, Kentucky, this fairly large public school awarded 100 diplomas to qualified masters’s general business students in 2019-2020.

Average graduate tuition and fees at NKU are $17,358, but you may pay more or less depending on your major.

Read full report on General Business/Commerce at Northern Kentucky University

#14

Northwestern University

Evanston, Illinois
#1 in overall quality

With a ranking of #14, Northwestern University did quite well on the 2022 Best Value General Business Schools for a Master’s For Those Getting Aid list. Northwestern is located in Evanston, Illinois and, has a large student population. In 2019-2020, this school awarded 1,048 masters’s general business degrees to qualified students.

Northwestern did well in our major quality rankings, too. It placed #1 on our “Best General Business/Commerce Master’s Degree Schools” list. Average graduate tuition and fees at Northwestern are $56,567, but some majors have different tuition rates.

Read more about General Business/Commerce at Northwestern

#15

University of North Florida

Jacksonville, Florida

University of North Florida did quite well in the 2022 Best Value General Business Schools for a Master’s For Those Getting Aid ranking, coming in at #15. UNF is located in Jacksonville, Florida and, has a fairly large student population. In 2019-2020, this school awarded 49 masters’s general business degrees to qualified students.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of North Florida are $21,930.

Read full report on General Business/Commerce at University of North Florida

With a ranking of #16, University of Puerto Rico - Rio Piedras did quite well on the 2022 Best Value General Business Schools for a Master’s For Those Getting Aid list. UPR Rio Piedras is a fairly large public school situated in San Juan, . It awarded 38 masters’s general business degrees in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Puerto Rico - Rio Piedras are $3,620.

Read full report on General Business/Commerce at UPR Rio Piedras

#17

Indiana University - Southeast

New Albany, Indiana

With a ranking of #17, Indiana University - Southeast did quite well on the 2022 Best Value General Business Schools for a Master’s For Those Getting Aid list. Indiana University - Southeast is located in New Albany, Indiana and, has a small student population. In 2019-2020, this school awarded 30 masters’s general business degrees to qualified students.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at Indiana University - Southeast are $18,275.

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

#18

West Virginia University

Morgantown, West Virginia

West Virginia University ranked #18 on this year’s Best Value General Business Schools for a Master’s For Those Getting Aid list. This large school is located in Morgantown, West Virginia, and it awarded 124 masters’s general business degrees in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at WVU are $26,154.

Read full report on General Business/Commerce at West Virginia University

With a ranking of #19, Utah Valley University did quite well on the 2022 Best Value General Business Schools for a Master’s For Those Getting Aid list. Located in Orem, Utah, this large public school handed out 84 diplomas to qualified masters’s general business students in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at UVU are $26,657.

Read more about General Business/Commerce at UVU

#20

Indiana University - Kokomo

Kokomo, Indiana

Indiana University - Kokomo came in at #20 in this year’s edition of the Best Value General Business Schools for a Master’s For Those Getting Aid ranking. Indiana University - Kokomo is located in Kokomo, Indiana and, has a small student population. In 2019-2020, this school awarded 25 masters’s general business degrees to qualified students.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at IU Kokomo are $18,275.

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

#21

Indiana University - South Bend

South Bend, Indiana

With a ranking of #21, Indiana University - South Bend did quite well on the 2022 Best Value General Business Schools for a Master’s For Those Getting Aid list. Indiana University - South Bend is a public institution located in South Bend, Indiana. The school has a small population, and it awarded 15 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 Indiana University - South Bend are $18,275.

Read more about General Business/Commerce at Indiana University - South Bend

#22

Marshall University

Huntington, West Virginia

Marshall University landed the #22 spot on the 2022 Best Value General Business Schools for a Master’s For Those Getting Aid ranking. Marshall University is a fairly large school located in Huntington, West Virginia that handed out 88 masters’s general business degrees in 2019-2020.

Average graduate tuition and fees at Marshall University are $21,162, but you may pay more or less depending on your major.

Read full report on General Business/Commerce at Marshall University

#23

University of North Georgia

Dahlonega, Georgia

University of North Georgia landed the #23 spot on the 2022 Best Value General Business Schools for a Master’s For Those Getting Aid ranking. Dahlonega, Georgia is the setting for this fairly large institution of higher learning. The public school handed out masters’s general business degrees to 31 students in 2019-2020.

Average graduate tuition and fees at UNG are $18,354, but you may pay more or less depending on your major.

Read full report on General Business/Commerce at University of North Georgia

#17 in overall quality

With a ranking of #24, University of Missouri - Columbia did quite well on the 2022 Best Value General Business Schools for a Master’s For Those Getting Aid list. Mizzou is located in Columbia, Missouri and, has a large student population. In 2019-2020, this school awarded 61 masters’s general business degrees to qualified students.

Mizzou did well in our major quality rankings, too. It placed #17 on our “Best General Business/Commerce Master’s Degree Schools” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Mizzou are $27,193.

Read more about General Business/Commerce at University of Missouri - Columbia

#25

Ball State University

Muncie, Indiana

Ball State University ranked #25 on this year’s Best Value General Business Schools for a Master’s For Those Getting Aid list. Located in Muncie, Indiana, this large public school handed out 86 diplomas to qualified masters’s general business students in 2019-2020.

Average graduate tuition and fees at Ball State are $26,204, but some majors have different tuition rates.

Read full report on General Business/Commerce at Ball State

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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