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2022 Best Value General Business Schools for a Master’s in the Great Lakes Region

18 Ranked Colleges
3,159 Degrees Awarded
$26,800 Avg Grad Tuition & Fees*
Best Value General Business Schools for a Master's in the Great Lakes Region

When pursuing a degree in today’s world, students have many different options to choose from. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value General Business Schools for a Master’s in the Great Lakes Region” ranking.

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” ranking analyzed 18 colleges that offered a degree in general business/commerce. The schools that top this list are recognized because they have great general business/commerce programs and cost less that 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. 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 General Business Schools for a Master’s in the Great Lakes Region” 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

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

Top 18 Best Value Master’s Degree Colleges for General Business/Commerce in the Great Lakes Region

#1

Xavier University

Cincinnati, Ohio
#6 in overall quality

You’ll be in good company if you decide to attend Xavier University. It ranked #1 on our 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region 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 list, Xavier has also earned the #6 rank in our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Xavier are $12,076, but you may pay more or less depending on your major.

Read full report on General Business/Commerce at Xavier University

#7 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Wisconsin - Whitewater. The school came in at #2 for the Best Value General Business Schools for a Master’s in the Great Lakes Region. 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.

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

#5 in overall quality

You’ll be in good company if you decide to attend University of Wisconsin - Madison. It ranked #3 on our 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region list. University of Wisconsin - Madison is a public institution located in Madison, Wisconsin. The school has a large population, and it awarded 94 masters’s degrees in 2019-2020.

In addition to being on our great lakes region master’s degree general business students 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. Average graduate tuition and fees at University of Wisconsin - Madison are $25,523, but some majors have different tuition rates.

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

#4

Youngstown State University

Youngstown, Ohio
#14 in overall quality

You’ll join some of the best and brightest minds around if you attend Youngstown State University. The school came in at #4 for the Best Value General Business Schools for a Master’s in the Great Lakes Region. Located in Youngstown, Ohio, this fairly large public school awarded 32 diplomas to qualified masters’s general business students in 2019-2020.

Youngstown State University did well in our major quality rankings, too. It placed #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

#5

Grand Valley State University

Allendale, Michigan
#11 in overall quality

You’ll be in good company if you decide to attend Grand Valley State University. It ranked #5 on our 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region list. Located in Allendale, Michigan, this large public school handed out 68 diplomas to qualified masters’s general business students in 2019-2020.

GVSU also made our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list, coming in at #11. Average graduate tuition and fees at GVSU are $17,448, but some majors have different tuition rates.

Full Grand Valley State University General Business/Commerce Report

#6

Purdue University Fort Wayne

Fort Wayne, Indiana
#12 in overall quality

Purdue University Fort Wayne did quite well in the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region ranking, coming in at #6. PFW is a medium-sized school located in Fort Wayne, Indiana that handed out 41 masters’s general business degrees in 2019-2020.

PFW also made our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list, coming in at #12. Average graduate tuition and fees at Purdue University Fort Wayne are $14,618, but some majors have different tuition rates.

Full PFW General Business/Commerce Report

#7

Indiana University - Bloomington

Bloomington, Indiana
#4 in overall quality

Indiana University - Bloomington 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 ranking. Bloomington, Indiana is the setting for this large institution of higher learning. The public school handed out masters’s general business degrees to 905 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 more about General Business/Commerce at Indiana University - Bloomington

#9 in overall quality

With a ranking of #8, Indiana University - Purdue University - Indianapolis did quite well on the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region list. Indiana University - Purdue University - Indianapolis is a large school located in Indianapolis, Indiana that handed out 190 masters’s general business degrees in 2019-2020.

IUPUI not only placed well in this ranking. It is also #9 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 - Purdue University - Indianapolis are $26,013.

Read more about General Business/Commerce at Indiana University - Purdue University - Indianapolis

#9

Indiana University - Southeast

New Albany, Indiana
#13 in overall quality

Indiana University - Southeast did quite well in the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region ranking, coming in at #9. Indiana University - Southeast is a small public school situated in New Albany, Indiana. It awarded 30 masters’s general business degrees in 2019-2020.

In addition to being on our great lakes region master’s degree general business students list, Indiana University - Southeast has also earned the #13 rank 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.

Full Indiana University - Southeast General Business/Commerce Report

#10

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 ranking, coming in at #10. Ball State is a large school located in Muncie, Indiana that handed out 86 masters’s general business degrees in 2019-2020.

Ball State did well in our major quality rankings, too. It placed #10 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 Ball State are $26,204.

Full Ball State University General Business/Commerce Report

#11

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 ranking, coming in at #11. Indiana University - South Bend is a small public school situated in South Bend, Indiana. It awarded 15 masters’s general business degrees in 2019-2020.

In addition to being on our great lakes region master’s degree general business students list, Indiana University - South Bend has also earned the #15 rank in our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Indiana University - South Bend are $18,275, but you may pay more or less depending on your major.

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

#16 in overall quality

Indiana University - Northwest ranked #12 on this year’s Best Value General Business Schools for a Master’s in the Great Lakes Region list. Gary, Indiana is the setting for this small institution of higher learning. The public school handed out masters’s general business degrees to 41 students in 2019-2020.

As a testament to the quality of education offered at IU Northwest, the school also landed the #16 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 IU Northwest are $18,275.

Full Indiana University - Northwest General Business/Commerce Report

#13

Indiana University - Kokomo

Kokomo, Indiana
#17 in overall quality

With a ranking of #13, Indiana University - Kokomo did quite well on the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region list. Located in Kokomo, Indiana, this small public school awarded 25 degrees to qualified masters’s general business students in 2019-2020.

IU Kokomo also made our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list, coming in at #17. Average graduate tuition and fees at IU Kokomo are $18,275, but some majors have different tuition rates.

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

#14

Indiana Institute of Technology

Fort Wayne, Indiana
#18 in overall quality

Indiana Institute of Technology ranked #14 on this year’s Best Value General Business Schools for a Master’s in the Great Lakes Region list. Located in Fort Wayne, Indiana, this small private not-for-profit school handed out 99 diplomas to qualified masters’s general business students in 2019-2020.

As a testament to the quality of education offered at Indiana Tech, the school also landed the #18 spot in our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Indiana Institute of Technology are $10,026, but you may pay more or less depending on your major.

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

#15

Michigan State University

East Lansing, Michigan
#8 in overall quality

Michigan State University came in at #15 in this year’s edition of the Best Value General Business Schools for a Master’s in the Great Lakes Region 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 not only placed well in this ranking. It is also #8 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 Michigan State are $37,056.

Full Michigan State General Business/Commerce Report

#16

Northwestern University

Evanston, Illinois
#1 in overall quality

Northwestern University did quite well in the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region ranking, coming in at #16. Northwestern University 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 also made our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list, coming in at #1. Average graduate tuition and fees at Northwestern are $56,567, but some majors have different tuition rates.

Full Northwestern General Business/Commerce Report

#17

University of Notre Dame

Notre Dame, Indiana
#3 in overall quality

With a ranking of #17, University of Notre Dame did quite well on the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region list. This fairly large school is located in Notre Dame, Indiana, and it awarded 46 masters’s general business degrees in 2019-2020.

In addition to being on our great lakes region master’s degree general business students 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 University of Notre Dame General Business/Commerce Report

#18

University of Chicago

Chicago, Illinois
#2 in overall quality

University of Chicago came in at #18 in this year’s edition of the Best Value General Business Schools for a Master’s in the Great Lakes Region ranking. University of Chicago is a fairly large private not-for-profit school situated in Chicago, Illinois. It awarded 11 masters’s general business degrees in 2019-2020.

UChicago not only placed well in this ranking. It is also #2 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 UChicago are $61,548.

Read more about General Business/Commerce at UChicago

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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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