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

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.

Across the Great Lakes region, there were 10,177 general business/commerce graduates with average earnings and debt of $42,581 and $26,197 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 analyzed 19 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 For Those Getting Aid” 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 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

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 - Bloomington landed the #1 spot on the list. IU Bloomington is located in Bloomington, Indiana and, has a large student population. In 2019-2020, this school awarded 905 masters’s general business degrees to qualified students.

IU Bloomington also took the #4 spot in our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” ranking. 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 IU Bloomington

You’ll join some of the best and brightest minds around if you attend University of Wisconsin - Madison. The school came in at #2 for the Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Getting Aid. Madison, Wisconsin is the setting for this large institution of higher learning. The public school handed out masters’s general business degrees to 94 students in 2019-2020.

UW - Madison not only placed well in this ranking. It is also #5 on our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at University of Wisconsin - Madison are $25,523, but you may pay more or less depending on your major.

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 #3 for the Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Getting Aid. Located in Gary, Indiana, this small public school handed out 41 degrees to qualified masters’s general business students in 2019-2020.

IU Northwest not only placed well in this ranking. It is also #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 IU Northwest are $18,275.

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

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 - Whitewater landed the #4 spot on the list. University of Wisconsin - 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.

In addition to being on our great lakes region master’s degree general business students with aid list, UW - Whitewater has also earned the #7 rank in our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at UW - Whitewater are $19,200, but you may pay more or less depending on your major.

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

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 - Purdue University - Indianapolis landed the #5 spot on the list. This large school is located in Indianapolis, Indiana, and it awarded 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. 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 more about General Business/Commerce at IUPUI

#6

Michigan State University

East Lansing, Michigan

Michigan State University landed the #6 spot on the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. This large school is located in East Lansing, Michigan, and it awarded 91 masters’s general business degrees 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.

Read more about General Business/Commerce at Michigan State University

#7

Northwestern University

Evanston, Illinois

Northwestern University landed the #7 spot on the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. Located in Evanston, Illinois, this large private not-for-profit school handed out 1,048 diplomas to qualified masters’s general business students in 2019-2020.

Northwestern not only placed well in this ranking. It is also #1 on our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Northwestern University are $56,567, but some majors have different tuition rates.

Read full report on General Business/Commerce at Northwestern

#8

Indiana University - Southeast

New Albany, Indiana

Indiana University - Southeast came in at #8 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. 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.

Indiana University - Southeast also made our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list, coming in at #13. Average graduate tuition and fees at Indiana University - Southeast are $18,275, but you may pay more or less depending on your major.

Full Indiana University - Southeast General Business/Commerce Report

Indiana University - Kokomo ranked #9 on this year’s Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. This small school is located in Kokomo, Indiana, and it awarded 25 masters’s general business degrees 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. 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 full report on General Business/Commerce at Indiana University - Kokomo

#10

Indiana University - South Bend

South Bend, Indiana

With a ranking of #10, Indiana University - South Bend 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 South Bend, Indiana, this small public school handed out 15 diplomas 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

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 is a large public school situated in Muncie, Indiana. It awarded 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. Average graduate tuition and fees at Ball State University are $26,204, but some majors have different tuition rates.

Read more about General Business/Commerce at Ball State University

#12

Purdue University Fort Wayne

Fort Wayne, Indiana

Purdue University Fort Wayne ranked #12 on this year’s Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. Located in Fort Wayne, Indiana, this medium-sized public school handed out 41 degrees to qualified masters’s general business students in 2019-2020.

As a testament to the quality of education offered at PFW, the school also landed the #12 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 PFW are $14,618.

Full PFW 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

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. Grand Valley State University is a large public school situated in Allendale, Michigan. It awarded 68 masters’s general business degrees in 2019-2020.

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

Read full report on 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. Located in Notre Dame, Indiana, this fairly large private not-for-profit school handed out 46 degrees to qualified masters’s general business students in 2019-2020.

As a testament to the quality of education offered at Notre Dame, the school also landed the #3 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 Notre Dame are $57,522.

Read more about General Business/Commerce at University of Notre Dame

#16

University of Chicago

Chicago, Illinois
#2 in overall quality

With a ranking of #16, University of Chicago 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. UChicago is a private not-for-profit institution located in Chicago, Illinois. The school has a fairly large population, and it awarded 11 masters’s degrees in 2019-2020.

UChicago did well in our major quality rankings, too. It placed #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.

Full UChicago General Business/Commerce Report

#17

Indiana Institute of Technology

Fort Wayne, Indiana

Indiana Institute of Technology came in at #17 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 small private not-for-profit school handed out 99 diplomas to qualified masters’s general business students in 2019-2020.

Indiana Tech not only placed well in this ranking. It is also #18 on our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Indiana Institute of Technology are $10,026, but some majors have different tuition rates.

Read full report on General Business/Commerce at Indiana Tech

#18

Roosevelt University

Chicago, Illinois

Roosevelt University 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 #18. This small school is located in Chicago, Illinois, and it awarded 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 University are $21,605, but some majors have different tuition rates.

Read more about General Business/Commerce at Roosevelt

#19

Xavier University

Cincinnati, Ohio
#6 in overall quality

Xavier University 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 #19. Located in Cincinnati, Ohio, this medium-sized private not-for-profit school awarded 128 degrees to qualified masters’s general business students in 2019-2020.

Xavier not only placed well in this ranking. It is also #6 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 Xavier University are $12,076.

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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