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2022 Best Value General Business Schools for a Master’s For Those Making $30-$48k

105 Ranked Colleges
8,782 Degrees Awarded
$33,600 Avg Grad Tuition & Fees*
Best Value General Business Schools for a Master's For Those Making $30-$48k

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 For Those Making $30-$48k” ranking is one tool we have developed to help in this regard.

In 2019-2020, 55,749 people earned their degree in general business/commerce, making the major the 13th most popular in the United States. 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 $30-$48k” ranking looked at 105 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 For Those Making $30-$48k” list, to help you choose the best school for you.

We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to you. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value General Business Schools for a Master’s For Those Making $30-$48k

The following schools top our list of the Best Best Value General Business Schools for a Master’s For Those Making $30-$48k.

Top 25 Best Value Master’s Degree Colleges for General Business/Commerce (Income $30-$48k)

#1

Massachusetts Institute of Technology

Cambridge, Massachusetts

Out of the 105 schools in the Best Value General Business Schools for a Master’s For Those Making $30-$48k that were part of this year’s ranking, Massachusetts Institute of Technology landed the #1 spot on the list. MIT is a private not-for-profit institution located in Cambridge, Massachusetts. The school has a fairly large population, and it awarded 40 masters’s degrees in 2019-2020.

MIT also took the #3 spot in our “Best General Business/Commerce Master’s Degree Schools” ranking. Average graduate tuition and fees at Massachusetts Institute of Technology are $56,719, but some majors have different tuition rates.

Read more about General Business/Commerce at MIT

#2

Northwestern University

Evanston, Illinois

Out of the 105 schools in the Best Value General Business Schools for a Master’s For Those Making $30-$48k that were part of this year’s ranking, Northwestern University landed the #2 spot on the 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 also made our “Best General Business/Commerce Master’s Degree Schools” list, coming in at #1. 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

#3

University of Chicago

Chicago, Illinois
#4 in overall quality

You’ll be in good company if you decide to attend University of Chicago. It ranked #3 on our 2022 Best Value General Business Schools for a Master’s For Those Making $30-$48k list. Located in Chicago, Illinois, this fairly large private not-for-profit school handed out 11 degrees to qualified masters’s general business students in 2019-2020.

UChicago did well in our major quality rankings, too. It placed #4 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 Chicago are $61,548.

Read more about General Business/Commerce at University of Chicago

#4

Harvard University

Cambridge, Massachusetts
#16 in overall quality

You’ll be in good company if you decide to attend Harvard University. It ranked #4 on our 2022 Best Value General Business Schools for a Master’s For Those Making $30-$48k list. Harvard University is a large school located in Cambridge, Massachusetts that handed out 12 masters’s general business degrees in 2019-2020.

Harvard also made our “Best General Business/Commerce Master’s Degree Schools” list, coming in at #16. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Harvard are $50,654.

Read full report on General Business/Commerce at Harvard University

#5

Johns Hopkins University

Baltimore, Maryland

You’ll join some of the best and brightest minds around if you attend Johns Hopkins University. The school came in at #5 for the Best Value General Business Schools for a Master’s For Those Making $30-$48k. Johns Hopkins is a private not-for-profit institution located in Baltimore, Maryland. The school has a large population, and it awarded 320 masters’s degrees in 2019-2020.

Johns Hopkins also made our “Best General Business/Commerce Master’s Degree Schools” list, coming in at #2. Average graduate tuition and fees at Johns Hopkins are $59,425, but you may pay more or less depending on your major.

Read more about General Business/Commerce at Johns Hopkins

#6

University of Notre Dame

Notre Dame, Indiana
#5 in overall quality

University of Notre Dame landed the #6 spot on the 2022 Best Value General Business Schools for a Master’s For Those Making $30-$48k ranking. This fairly large school is located in Notre Dame, Indiana, and it awarded 46 masters’s general business degrees in 2019-2020.

Notre Dame did well in our major quality rankings, too. It placed #5 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 Notre Dame are $57,522.

Read more about General Business/Commerce at Notre Dame

University of Wisconsin - Madison did quite well in the 2022 Best Value General Business Schools for a Master’s For Those Making $30-$48k ranking, coming in at #7. UW - 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.

UW - Madison did well in our major quality rankings, too. It placed #7 on our “Best General Business/Commerce Master’s Degree Schools” list. Average graduate tuition and fees at UW - Madison are $25,523, but you may pay more or less depending on your major.

Full UW - Madison General Business/Commerce Report

#8

Indiana University - Bloomington

Bloomington, Indiana

Indiana University - Bloomington landed the #8 spot on the 2022 Best Value General Business Schools for a Master’s For Those Making $30-$48k ranking. IU Bloomington is a public institution located in Bloomington, Indiana. The school has a large population, and it awarded 905 masters’s degrees in 2019-2020.

In addition to being on our master’s degree general business students whose families make $30-$48k list, IU Bloomington has also earned the #6 rank in our “Best General Business/Commerce Master’s Degree Schools” ranking. Average graduate tuition and fees at IU Bloomington are $33,338, but some majors have different tuition rates.

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

#9

Northeastern University

Boston, Massachusetts

Northeastern University did quite well in the 2022 Best Value General Business Schools for a Master’s For Those Making $30-$48k ranking, coming in at #9. Northeastern is located in Boston, Massachusetts and, has a large student population. In 2019-2020, this school awarded 156 masters’s general business degrees to qualified students.

In addition to being on our master’s degree general business students whose families make $30-$48k 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 University are $25,558, but you may pay more or less depending on your major.

Read more about General Business/Commerce at Northeastern University

#10

University of Central Florida

Orlando, Florida

University of Central Florida came in at #10 in this year’s edition of the Best Value General Business Schools for a Master’s For Those Making $30-$48k ranking. 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 University of Central Florida are $28,657, but some majors have different tuition rates.

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

#11

Florida State University

Tallahassee, Florida

With a ranking of #11, Florida State University did quite well on the 2022 Best Value General Business Schools for a Master’s For Those Making $30-$48k list. Florida State University is a public institution located in Tallahassee, Florida. The school has a large population, and it awarded 168 masters’s degrees in 2019-2020.

Florida State also made our “Best General Business/Commerce Master’s Degree Schools” list, coming in at #19. Average graduate tuition and fees at Florida State are $26,707, but some majors have different tuition rates.

Full Florida State University General Business/Commerce Report

University of South Florida - Main Campus did quite well in the 2022 Best Value General Business Schools for a Master’s For Those Making $30-$48k ranking, coming in at #12. University of South Florida - Main Campus is a large school located in Tampa, Florida that handed out 33 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 USF Tampa are $21,126.

Read more about General Business/Commerce at University of South Florida - Main Campus

Indiana University - Northwest did quite well in the 2022 Best Value General Business Schools for a Master’s For Those Making $30-$48k ranking, coming in at #13. Indiana University - Northwest is a small public school situated in Gary, Indiana. It awarded 41 masters’s general business degrees in 2019-2020.

Average graduate tuition and fees at Indiana University - Northwest are $18,275, but you may pay more or less depending on your major.

Read more about General Business/Commerce at IU Northwest

Indiana University - Purdue University - Indianapolis did quite well in the 2022 Best Value General Business Schools for a Master’s For Those Making $30-$48k ranking, coming in at #14. Indiana University - Purdue University - Indianapolis is located in Indianapolis, Indiana and, has a large student population. In 2019-2020, this school awarded 190 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 - Purdue University - Indianapolis are $26,013.

Read more about General Business/Commerce at IUPUI

#15

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 $30-$48k ranking, coming in at #15. Northern Kentucky University is located in Highland Heights, Kentucky and, has a fairly large student population. In 2019-2020, this school awarded 100 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 NKU are $17,358.

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

#16

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 $30-$48k ranking, coming in at #16. Jacksonville, Florida is the setting for this fairly large institution of higher learning. The public school handed out masters’s general business degrees to 49 students in 2019-2020.

Average graduate tuition and fees at University of North Florida 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

#17

University of Wisconsin - Whitewater

Whitewater, Wisconsin

University of Wisconsin - Whitewater came in at #17 in this year’s edition of the Best Value General Business Schools for a Master’s For Those Making $30-$48k ranking. University of Wisconsin - Whitewater is a fairly large public school situated in Whitewater, Wisconsin. It awarded 204 masters’s general business degrees in 2019-2020.

UW - Whitewater not only placed well in this ranking. It is also #24 on our “Best General Business/Commerce Master’s Degree Schools” list. Average graduate tuition and fees at University of Wisconsin - Whitewater are $19,200, but you may pay more or less depending on your major.

Full UW - Whitewater General Business/Commerce Report

#18

University of Maryland - College Park

College Park, Maryland

University of Maryland - College Park did quite well in the 2022 Best Value General Business Schools for a Master’s For Those Making $30-$48k ranking, coming in at #18. UMCP is a public institution located in College Park, Maryland. The school has a large population, and it awarded 7 masters’s degrees in 2019-2020.

In addition to being on our master’s degree general business students whose families make $30-$48k 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 some majors have different tuition rates.

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

#19

University of Missouri - St Louis

Saint Louis, Missouri

University of Missouri - St Louis came in at #19 in this year’s edition of the Best Value General Business Schools for a Master’s For Those Making $30-$48k ranking. UMSL is a fairly large public school situated in Saint Louis, Missouri. 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 University of Missouri - St Louis are $30,154.

Full UMSL General Business/Commerce Report

University of Missouri - Columbia came in at #20 in this year’s edition of the Best Value General Business Schools for a Master’s For Those Making $30-$48k ranking. Mizzou is a public institution located in Columbia, Missouri. The school has a large population, and it awarded 61 masters’s degrees in 2019-2020.

Mizzou also took the #17 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 University of Missouri - Columbia are $27,193.

Read more about General Business/Commerce at Mizzou

#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 $30-$48k 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 Indiana University - Kokomo are $18,275.

Read more about 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 $30-$48k ranking, coming in at #22. Indiana University - South Bend is located in South Bend, Indiana and, has a small student population. In 2019-2020, this school awarded 15 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 - South Bend are $18,275.

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

#23

Citadel Military College of South Carolina

Charleston, South Carolina

Citadel Military College of South Carolina came in at #23 in this year’s edition of the Best Value General Business Schools for a Master’s For Those Making $30-$48k ranking. Citadel Military College of South Carolina is located in Charleston, South Carolina and, has a small student population. In 2019-2020, this school awarded 88 masters’s general business degrees to qualified students.

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

Full The Citadel General Business/Commerce Report

#24

West Virginia University

Morgantown, West Virginia

West Virginia University came in at #24 in this year’s edition of the Best Value General Business Schools for a Master’s For Those Making $30-$48k ranking. Morgantown, West Virginia is the setting for this large institution of higher learning. The public school handed out masters’s general business degrees to 124 students in 2019-2020.

Average graduate tuition and fees at WVU are $26,154, but some majors have different tuition rates.

Read more about General Business/Commerce at West Virginia University

#25

Tulane University of Louisiana

New Orleans, Louisiana

Tulane University of Louisiana did quite well in the 2022 Best Value General Business Schools for a Master’s For Those Making $30-$48k ranking, coming in at #25. Tulane University of Louisiana is located in New Orleans, Louisiana and, has a fairly large student population. In 2019-2020, this school awarded 99 masters’s general business degrees to qualified students.

Tulane also made our “Best General Business/Commerce Master’s Degree Schools” list, coming in at #9. Average graduate tuition and fees at Tulane University of Louisiana are $61,176, but some majors have different tuition rates.

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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