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2022 Best Value Master’s Degree Colleges for General Business/Commerce in the Great Lakes Region (With Aid)

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 Getting Aid

When it comes to choosing a college, students have a lot of options - but not all of them are good. 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 General Business Schools for a Master’s in the Great Lakes Region For Those Getting Aid” ranking is one tool we have developed to help in this regard.

In 2019-2020, 55,749 general business/commerce students received their degree, making the major the 9th most popular in the country.

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 Getting Aid” ranking looked at 19 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.

When determining these rankings, we looked at things such as overall quality of the general business/commerce program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.

More Ways to Rank General Business/Commerce Schools

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 General Business Schools for a Master’s in the Great Lakes Region For Those Getting Aid” list to help you make the college decision.

You can create your own custom comparison that focuses on the factors most important to you using our 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 General Business Schools for a Master’s in the Great Lakes Region For Those Getting Aid

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

Top 19 Best Value Master’s Degree Colleges for General Business/Commerce in the Great Lakes Region (With Aid)

#1

Indiana University - Bloomington

Bloomington, Indiana
#4 in overall quality

You’ll be in good company if you decide to attend Indiana University - Bloomington. It ranked #1 on our 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. 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 #4 on our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Indiana University - Bloomington are $33,338, but you may pay more or less depending on your major.

Read full report on General Business/Commerce at IU Bloomington

#5 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 Getting Aid that were part of this year’s ranking, University of Wisconsin - Madison landed the #2 spot on the list. UW - Madison is a large public school situated in Madison, Wisconsin. It awarded 94 masters’s general business degrees in 2019-2020.

UW - Madison also took the #5 spot in our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at UW - Madison are $25,523, but some majors have different tuition rates.

Full UW - Madison General Business/Commerce Report

#16 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 Getting Aid that were part of this year’s ranking, Indiana University - Northwest landed the #3 spot on the list. IU Northwest is a small public school situated in Gary, Indiana. It awarded 41 masters’s general business degrees in 2019-2020.

IU Northwest did well in our major quality rankings, too. It placed #16 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 Indiana University - Northwest are $18,275.

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

#7 in overall quality

You’ll be in good company if you decide to attend University of Wisconsin - Whitewater. It ranked #4 on our 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region 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 #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 more about General Business/Commerce at University of Wisconsin - Whitewater

#9 in overall quality

You’ll join some of the best and brightest minds around if you attend Indiana University - Purdue University - Indianapolis. The school came in at #5 for the Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Getting Aid. This large school is located in Indianapolis, Indiana, and it awarded 190 masters’s general business degrees in 2019-2020.

As a testament to the quality of education offered at IUPUI, the school also landed the #9 spot 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 IUPUI are $26,013.

Read full report on General Business/Commerce at IUPUI

#6

Michigan State University

East Lansing, Michigan
#8 in overall quality

Michigan State University came in at #6 in this year’s edition of the Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. Located in East Lansing, Michigan, this large public school handed out 91 diplomas to qualified masters’s general business students in 2019-2020.

Michigan State also took the #8 spot in our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Michigan State University are $37,056, but some majors have different tuition rates.

Full Michigan State University General Business/Commerce Report

#7

Northwestern University

Evanston, Illinois
#1 in overall quality

Northwestern University came in at #7 in this year’s edition of the Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. 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 are $56,567, but you may pay more or less depending on your major.

Read more about General Business/Commerce at Northwestern

#8

Indiana University - Southeast

New Albany, Indiana
#13 in overall quality

Indiana University - Southeast ranked #8 on this year’s Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. Indiana University - Southeast is a small public school situated in New Albany, Indiana. It awarded 30 masters’s general business degrees in 2019-2020.

Indiana University - Southeast also made our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list, coming in at #13. 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

#17 in overall quality

With a ranking of #9, Indiana University - Kokomo did quite well on the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. Located in Kokomo, Indiana, this small public school awarded 25 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 with aid 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 full report on General Business/Commerce at Indiana University - Kokomo

#10

Indiana University - South Bend

South Bend, Indiana
#15 in overall quality

Indiana University - South Bend did quite well in the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking, coming in at #10. Located in South Bend, Indiana, this small public school handed out 15 degrees to qualified masters’s general business students in 2019-2020.

Indiana University - South Bend did well in our major quality rankings, too. It placed #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 some majors have different tuition rates.

Full Indiana University - South Bend General Business/Commerce Report

#11

Ball State University

Muncie, Indiana
#10 in overall quality

Ball State University 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 Getting Aid ranking. Ball State University is located in Muncie, Indiana and, has a large student population. In 2019-2020, this school awarded 86 masters’s general business degrees to qualified students.

Ball State also made our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list, coming in at #10. Average graduate tuition and fees at Ball State are $26,204, but you may pay more or less depending on your major.

Read more about General Business/Commerce at Ball State University

#12

Purdue University Fort Wayne

Fort Wayne, Indiana
#12 in overall quality

Purdue University Fort Wayne came in at #12 in this year’s edition of the Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. Located in Fort Wayne, Indiana, this medium-sized public school awarded 41 degrees to qualified masters’s general business 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 PFW are $14,618, but some majors have different tuition rates.

Full Purdue University Fort Wayne General Business/Commerce Report

#13

Youngstown State University

Youngstown, Ohio
#14 in overall quality

Youngstown State University came in at #13 in this year’s edition of the Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. Youngstown State University is located in Youngstown, Ohio and, has a fairly large student population. In 2019-2020, this school awarded 32 masters’s general business degrees to qualified students.

Youngstown State University also made our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list, coming in at #14. Average graduate tuition and fees at Youngstown State University are $9,495, but you may pay more or less depending on your major.

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

#14

Grand Valley State University

Allendale, Michigan
#11 in overall quality

Grand Valley State University landed the #14 spot on the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. GVSU is a public institution located in Allendale, Michigan. The school has a large population, and it awarded 68 masters’s degrees in 2019-2020.

GVSU did well in our major quality rankings, too. It placed #11 on our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at GVSU are $17,448, but some majors have different tuition rates.

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

#15

University of Notre Dame

Notre Dame, Indiana
#3 in overall quality

University of Notre Dame landed the #15 spot on the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. 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 with aid 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. Average graduate tuition and fees at University of Notre Dame are $57,522, but you may pay more or less depending on your major.

Full Notre Dame General Business/Commerce Report

#16

University of Chicago

Chicago, Illinois
#2 in overall quality

University of Chicago did quite well in the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking, coming in at #16. Chicago, Illinois is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out masters’s general business degrees to 11 students in 2019-2020.

As a testament to the quality of education offered at UChicago, the school also landed the #2 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 Chicago are $61,548, but you may pay more or less depending on your major.

Full University of Chicago General Business/Commerce Report

#17

Indiana Institute of Technology

Fort Wayne, Indiana
#18 in overall quality

With a ranking of #17, Indiana Institute of Technology did quite well on the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. Fort Wayne, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out masters’s general business degrees to 99 students in 2019-2020.

Indiana Tech also made our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list, coming in at #18. Average graduate tuition and fees at Indiana Tech are $10,026, but you may pay more or less depending on your major.

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

#18

Roosevelt University

Chicago, Illinois

With a ranking of #18, Roosevelt University did quite well on the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. Roosevelt University is a small school located in Chicago, Illinois that handed out 5 masters’s general business degrees 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 are $21,605, but you may pay more or less depending on your major.

Read full report on General Business/Commerce at Roosevelt University

#19

Xavier University

Cincinnati, Ohio
#6 in overall quality

Xavier University ranked #19 on this year’s Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. Xavier University is a medium-sized private not-for-profit school situated in Cincinnati, Ohio. It awarded 128 masters’s general business degrees in 2019-2020.

Xavier did well in our major quality rankings, too. It placed #6 on our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Xavier University are $12,076, but you may pay more or less depending on your major.

Read full report on General Business/Commerce at Xavier

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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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