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2022 Best Value Master’s Degree Colleges for General Business/Commerce (Income $0-$30k)

105 Ranked Colleges
8,782 Degrees Awarded
$33,800 Avg Grad Tuition & Fees*
Best Value General Business Schools for a Master's For Those Making $0-$30k

When pursuing a degree in today’s world, students have many different options to choose from. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value General Business Schools for a Master’s For Those Making $0-$30k” ranking is part of that endeavor.

General Business/Commerce is the 13th most popular major in the country with 55,749 degrees awarded in 2019-2020. In 2017-2018, general business/commerce graduates who were awarded their degree in 2015-2017, earned an average of $40,821 and had an average of $25,596 in loans still to pay off.

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 Making $0-$30k” ranking looked at 105 colleges that offer degrees in a bachelor’s 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.

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 For Those Making $0-$30k” 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. 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 Making $0-$30k

The following schools top our list of the Best Best Value General Business Schools for a Master’s For Those Making $0-$30k.

Top 25 Best Value Master’s Degree Colleges for General Business/Commerce (Income $0-$30k)

#1

Northwestern University

Evanston, Illinois

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 For Those Making $0-$30k 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.

In addition to being on our master’s degree general business students whose families make $0-$30k list, Northwestern has also earned the #1 rank in our “Best General Business/Commerce Master’s Degree Schools” 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 General Business/Commerce at Northwestern

#2

University of Chicago

Chicago, Illinois
#4 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 For Those Making $0-$30k. University of Chicago is a fairly large school located in Chicago, Illinois that handed out 11 masters’s general business degrees in 2019-2020.

UChicago not only placed well in this ranking. It is also #4 on our “Best General Business/Commerce Master’s Degree Schools” 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 UChicago

#3

Johns Hopkins University

Baltimore, Maryland

Out of the 105 schools in the Best Value General Business Schools for a Master’s For Those Making $0-$30k that were part of this year’s ranking, Johns Hopkins University landed the #3 spot on the list. Johns Hopkins University is located in Baltimore, Maryland and, has a large student population. In 2019-2020, this school awarded 320 masters’s general business degrees to qualified students.

As a testament to the quality of education offered at Johns Hopkins, the school also landed the #2 spot in our “Best General Business/Commerce Master’s Degree Schools” ranking. Average graduate tuition and fees at Johns Hopkins University are $59,425, but some majors have different tuition rates.

Read full report on General Business/Commerce at Johns Hopkins

#4

Massachusetts Institute of Technology

Cambridge, Massachusetts

You’ll be in good company if you decide to attend Massachusetts Institute of Technology. It ranked #4 on our 2022 Best Value General Business Schools for a Master’s For Those Making $0-$30k list. This fairly large school is located in Cambridge, Massachusetts, and it awarded 40 masters’s general business degrees in 2019-2020.

In addition to being on our master’s degree general business students whose families make $0-$30k list, MIT has also earned the #3 rank in our “Best General Business/Commerce Master’s Degree Schools” ranking. Average graduate tuition and fees at MIT are $56,719, but some majors have different tuition rates.

Full MIT General Business/Commerce Report

#5

Harvard University

Cambridge, Massachusetts
#16 in overall quality

Out of the 105 schools in the Best Value General Business Schools for a Master’s For Those Making $0-$30k that were part of this year’s ranking, Harvard University landed the #5 spot on the list. Harvard is a large school located in Cambridge, Massachusetts that handed out 12 masters’s general business degrees 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 are $50,654, but you may pay more or less depending on your major.

Full Harvard General Business/Commerce Report

University of Wisconsin - Madison did quite well in the 2022 Best Value General Business Schools for a Master’s For Those Making $0-$30k ranking, coming in at #6. UW - 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.

UW - Madison did well in our major quality rankings, too. It placed #7 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 University of Wisconsin - Madison are $25,523.

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

#7

Indiana University - Bloomington

Bloomington, Indiana

Indiana University - Bloomington came in at #7 in this year’s edition of the Best Value General Business Schools for a Master’s For Those Making $0-$30k 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 did well in our major quality rankings, too. It placed #6 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 IU Bloomington are $33,338.

Full Indiana University - Bloomington General Business/Commerce Report

#8

University of Notre Dame

Notre Dame, Indiana
#5 in overall quality

University of Notre Dame landed the #8 spot on the 2022 Best Value General Business Schools for a Master’s For Those Making $0-$30k ranking. University of Notre Dame is a fairly large school located in Notre Dame, Indiana that handed out 46 masters’s general business degrees in 2019-2020.

Notre Dame also took the #5 spot in our “Best General Business/Commerce Master’s Degree Schools” 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

#9

Michigan State University

East Lansing, Michigan

Michigan State University ranked #9 on this year’s Best Value General Business Schools for a Master’s For Those Making $0-$30k 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.

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 you may pay more or less depending on your major.

Read more about General Business/Commerce at Michigan State

#10

Florida State University

Tallahassee, Florida

With a ranking of #10, Florida State University did quite well on the 2022 Best Value General Business Schools for a Master’s For Those Making $0-$30k list. Florida State is a large school located in Tallahassee, Florida that handed out 168 masters’s general business degrees in 2019-2020.

Florida State also took the #19 spot in our “Best General Business/Commerce Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Florida State are $26,707.

Full Florida State General Business/Commerce Report

#11

University of Central Florida

Orlando, Florida

University of Central Florida ranked #11 on this year’s Best Value General Business Schools for a Master’s For Those Making $0-$30k list. University of Central Florida is a large public school situated in Orlando, Florida. It awarded 259 masters’s general business degrees in 2019-2020.

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

Read full report on General Business/Commerce at UCF

#12

University of Maryland - College Park

College Park, Maryland

University of Maryland - College Park landed the #12 spot on the 2022 Best Value General Business Schools for a Master’s For Those Making $0-$30k ranking. Located in College Park, Maryland, this large public school handed out 7 degrees to qualified masters’s general business students in 2019-2020.

In addition to being on our master’s degree general business students whose families make $0-$30k list, UMCP has also earned the #13 rank in our “Best General Business/Commerce Master’s Degree Schools” ranking. Average graduate tuition and fees at UMCP are $30,885, but you may pay more or less depending on your major.

Full University of Maryland - College Park General Business/Commerce Report

#13

Northeastern University

Boston, Massachusetts

With a ranking of #13, Northeastern University did quite well on the 2022 Best Value General Business Schools for a Master’s For Those Making $0-$30k list. Northeastern is a private not-for-profit institution located in Boston, Massachusetts. The school has a large population, and it awarded 156 masters’s degrees in 2019-2020.

In addition to being on our master’s degree general business students whose families make $0-$30k list, Northeastern has also earned the #8 rank in our “Best General Business/Commerce Master’s Degree Schools” ranking. Average graduate tuition and fees at Northeastern are $25,558, but some majors have different tuition rates.

Read more about General Business/Commerce at Northeastern University

University of South Florida - Main Campus did quite well in the 2022 Best Value General Business Schools for a Master’s For Those Making $0-$30k ranking, coming in at #14. University of South Florida - Main Campus is located in Tampa, Florida and, has a large student population. In 2019-2020, this school awarded 33 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 South Florida - Main Campus are $21,126.

Full University of South Florida - Main Campus General Business/Commerce Report

#15

Citadel Military College of South Carolina

Charleston, South Carolina

With a ranking of #15, Citadel Military College of South Carolina did quite well on the 2022 Best Value General Business Schools for a Master’s For Those Making $0-$30k list. Citadel Military College of South Carolina is a public institution located in Charleston, South Carolina. The school has a small population, and it awarded 88 masters’s degrees in 2019-2020.

Average graduate tuition and fees at The Citadel are $18,540, but some majors have different tuition rates.

Read full report on General Business/Commerce at The Citadel

Indiana University - Northwest came in at #16 in this year’s edition of the Best Value General Business Schools for a Master’s For Those Making $0-$30k ranking. 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.

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

Indiana University - Purdue University - Indianapolis landed the #17 spot on the 2022 Best Value General Business Schools for a Master’s For Those Making $0-$30k 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.

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 full report on General Business/Commerce at IUPUI

#18

Northern Kentucky University

Highland Heights, Kentucky

Northern Kentucky University did quite well in the 2022 Best Value General Business Schools for a Master’s For Those Making $0-$30k ranking, coming in at #18. Highland Heights, Kentucky is the setting for this fairly large institution of higher learning. The public school handed out masters’s general business degrees to 100 students in 2019-2020.

Average graduate tuition and fees at NKU are $17,358, but some majors have different tuition rates.

Read more about General Business/Commerce at Northern Kentucky University

#19

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 Making $0-$30k ranking, coming in at #19. University of North Florida is a fairly large public school situated in Jacksonville, Florida. It awarded 49 masters’s general business degrees in 2019-2020.

Average graduate tuition and fees at UNF are $21,930, but you may pay more or less depending on your major.

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

#20

University of Wisconsin - Whitewater

Whitewater, Wisconsin

With a ranking of #20, University of Wisconsin - Whitewater did quite well on the 2022 Best Value General Business Schools for a Master’s For Those Making $0-$30k list. UW - 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.

UW - Whitewater also made our “Best General Business/Commerce Master’s Degree Schools” list, coming in at #24. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Wisconsin - Whitewater are $19,200.

Full University of Wisconsin - Whitewater General Business/Commerce Report

#21

Indiana University - Kokomo

Kokomo, Indiana

Indiana University - Kokomo ranked #21 on this year’s Best Value General Business Schools for a Master’s For Those Making $0-$30k list. Indiana University - Kokomo is a small public school situated in Kokomo, Indiana. It awarded 25 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 IU Kokomo are $18,275.

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

#22

Indiana University - South Bend

South Bend, Indiana

Indiana University - South Bend did quite well in the 2022 Best Value General Business Schools for a Master’s For Those Making $0-$30k ranking, coming in at #22. Located in South Bend, Indiana, this small public school awarded 15 diplomas to qualified masters’s general business students in 2019-2020.

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

University of Missouri - Columbia did quite well in the 2022 Best Value General Business Schools for a Master’s For Those Making $0-$30k ranking, coming in at #23. 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. Average graduate tuition and fees at University of Missouri - Columbia are $27,193, but you may pay more or less depending on your major.

Read full report on General Business/Commerce at Mizzou

#24

Ball State University

Muncie, Indiana

Ball State University ranked #24 on this year’s Best Value General Business Schools for a Master’s For Those Making $0-$30k list. 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.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at Ball State are $26,204.

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

#25

Tulane University of Louisiana

New Orleans, Louisiana

Tulane University of Louisiana ranked #25 on this year’s Best Value General Business Schools for a Master’s For Those Making $0-$30k list. Tulane is a fairly large private not-for-profit school situated in New Orleans, Louisiana. It awarded 99 masters’s general business degrees in 2019-2020.

Tulane not only placed well in this ranking. It is also #9 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 Tulane are $61,176.

Read more about General Business/Commerce at Tulane

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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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