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2023 Best Business Administration & Management Master's Degree Schools

1,006 Colleges
$68,610 Avg Salary

Finding the Best Business Administration & Management Master's Degree School for You

In 2020-2021, 416,590 business administration and management students received their degrees and certificates, making the major the #2 most popular in the country.

Today's students have lots of options to pick from when considering higher education opportunities. With more and more schools offering online options, you could even register for a great program on the other side of the country. On top of that, there are a considerable number of trade schools that offer fast-track entry to many fields.

The Best Business Administration & Management Master's Degree Schools ranking is one of many tools that Course Advisor has developed to help you make your educational decision. This report analyzed 1,006 schools in the United States to see which ones offered the best master's degree programs for students. To come up with a school's ranking, we analyzed numerous factors related to post-graduation wages, the quality of education offered by the school, average accumulated student debt, and more.

View our full ranking methodology.

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2023 Best Business Administration & Management Master’s Degree Schools in the United States

The colleges and universities below are the best for business administration majors pursuing a master's degree.

Top 25 Top Schools for a Master's in Business Administration & Management

#1

Duke University

Durham, NC
764 Master's Degrees
$143,622 Average Earnings

Our 2023 rankings named Duke University the best school in the United States for business administration and management students working on their master’s degree. Duke is a fairly large private not-for-profit school located in the city of Durham.

Full Business Administration & Management at Duke University Report

#2

University of Notre Dame

Notre Dame, IN
180 Master's Degrees

A rank of #2 on this year’s list means University of Notre Dame is a great place for business administration and management students working on their master’s degree. Notre Dame is a large private not-for-profit school located in the suburb of Notre Dame.

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#3

Cornell University

Ithaca, NY
548 Master's Degrees
$150,786 Average Earnings

A rank of #3 on this year’s list means Cornell University is a great place for business administration and management students working on their master’s degree. Cornell is a very large private not-for-profit school located in the city of Ithaca.

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#4

University of Virginia - Main Campus

Charlottesville, VA
468 Master's Degrees
$157,071 Average Earnings

You’ll be in good company if you decide to attend University of Virginia - Main Campus. It ranked #4 on our 2023 Best Business Administration & Management Master’s Degree Schools list. Located in the suburb of Charlottesville, University of Virginia is a public college with a fairly large student population.

Full Business Administration & Management at University of Virginia - Main Campus Report

#5

Dartmouth College

Hanover, NH
130 Master's Degrees
$160,724 Average Earnings

You’ll join some of the best and brightest minds around you if you attend Dartmouth College. The school came in at #5 on this year’s Best Business Administration & Management Master’s Degree Schools list. Dartmouth is a moderately-sized private not-for-profit school located in the town of Hanover.

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#6

University of Pennsylvania

Philadelphia, PA
465 Master's Degrees
$179,063 Average Earnings

University of Pennsylvania came in at #6 in this year’s edition of the Best Business Administration & Management Master’s Degree Schools ranking. UPenn is a fairly large private not-for-profit school located in the large city of Philadelphia.

Read full report on Business Administration & Management at University of Pennsylvania

#7

University of Chicago

Chicago, IL
92 Master's Degrees
$159,677 Average Earnings

With a ranking of #7, University of Chicago did quite well on this year’s best schools for business administration and management students working on their master’s degree. Located in the large city of Chicago, UChicago is a private not-for-profit college with a large student population.

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#8

Yale University

New Haven, CT
482 Master's Degrees
$150,882 Average Earnings

Yale University did quite well in this year’s ranking of the best places for business administration and management students to get a master’s degree. It came in at #8 on the list. Yale is a fairly large private not-for-profit school located in the medium-sized city of New Haven.

Read full report on Business Administration & Management at Yale University

#9

University of Michigan - Ann Arbor

Ann Arbor, MI
841 Master's Degrees
$139,794 Average Earnings

University of Michigan - Ann Arbor did quite well in this year’s ranking of the best places for business administration and management students to get a master’s degree. It came in at #9 on the list. U-M is a very large public school located in the city of Ann Arbor.

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#10

Brown University

Providence, RI
36 Master's Degrees

Brown University came in at #10 in this year’s edition of the Best Business Administration & Management Master’s Degree Schools ranking. Located in the medium-sized city of Providence, Brown is a private not-for-profit college with a large student population.

Read full report on Business Administration & Management at Brown University

#11

Northwestern University

Evanston, IL
465 Master's Degrees
$120,709 Average Earnings

Northwestern University ranked #11 on this year’s Best Business Administration & Management Master’s Degree Schools list. Northwestern is a very large private not-for-profit school located in the city of Evanston.

Full Business Administration & Management at Northwestern University Report

#12

Vanderbilt University

Nashville, TN
114 Master's Degrees
$128,494 Average Earnings

Vanderbilt University came in at #12 in this year’s edition of the Best Business Administration & Management Master’s Degree Schools ranking. Vanderbilt is a large private not-for-profit school located in the large city of Nashville.

Full Business Administration & Management at Vanderbilt University Report

#13

Emory University

Atlanta, GA
256 Master's Degrees
$131,170 Average Earnings

Emory University did quite well in this year’s ranking of the best places for business administration and management students to get a master’s degree. It came in at #13 on the list. Emory is a fairly large private not-for-profit school located in the city of Atlanta.

Read full report on Business Administration & Management at Emory University

#14

University of California - Los Angeles

Los Angeles, CA
27 Master's Degrees
$150,028 Average Earnings

With a ranking of #14, University of California - Los Angeles did quite well on this year’s best schools for business administration and management students working on their master’s degree. UCLA is a fairly large public school located in the city of Los Angeles.

Read full report on Business Administration & Management at University of California - Los Angeles

#15

Lake Forest Graduate School of Management

Lake Forest, IL
122 Master's Degrees
$111,431 Average Earnings

Lake Forest Graduate School of Management came in at #15 in this year’s edition of the Best Business Administration & Management Master’s Degree Schools ranking. Located in the large suburb of Lake Forest, Lake Forest Graduate School of Management is a private not-for-profit college with a fairly small student population.

Full Business Administration & Management at Lake Forest Graduate School of Management Report

#16

The University of Texas at Austin

Austin, TX
530 Master's Degrees
$130,952 Average Earnings

The University of Texas at Austin landed the #16 spot in the 2023 rankings for the best master’s degree business administration and management programs. UT Austin is a fairly large public school located in the large city of Austin.

Read full report on Business Administration & Management at The University of Texas at Austin

#17

Rice University

Houston, TX
1 Master's Degrees
$128,659 Average Earnings

Rice University came in at #17 in this year’s edition of the Best Business Administration & Management Master’s Degree Schools ranking. Rice is a medium-sized private not-for-profit school located in the large city of Houston.

Full Business Administration & Management at Rice University Report

#18

University of California - Berkeley

Berkeley, CA
15 Master's Degrees

University of California - Berkeley ranked #18 on this year’s Best Business Administration & Management Master’s Degree Schools list. UC Berkeley is a very large public school located in the city of Berkeley.

Full Business Administration & Management at University of California - Berkeley Report

#19

Georgia Institute of Technology - Main Campus

Atlanta, GA
308 Master's Degrees
$122,073 Average Earnings

Georgia Institute of Technology - Main Campus came in at #19 in this year’s edition of the Best Business Administration & Management Master’s Degree Schools ranking. Located in the large city of Atlanta, Georgia Tech is a public school with a fairly large student population.

Full Business Administration & Management at Georgia Institute of Technology - Main Campus Report

#20

Georgetown University

Washington, DC
364 Master's Degrees
$131,589 Average Earnings

Georgetown University ranked #20 on this year’s Best Business Administration & Management Master’s Degree Schools list. Located in the city of Washington, Georgetown is a private not-for-profit college with a very large student population.

Full Business Administration & Management at Georgetown University Report

#21

University of North Carolina at Chapel Hill

Chapel Hill, NC
5 Master's Degrees
$135,965 Average Earnings

University of North Carolina at Chapel Hill came in at #21 in this year’s edition of the Best Business Administration & Management Master’s Degree Schools ranking. UNC Chapel Hill is a very large public school located in the small city of Chapel Hill.

Full Business Administration & Management at University of North Carolina at Chapel Hill Report

#22

Santa Clara University

Santa Clara, CA
221 Master's Degrees
$125,643 Average Earnings

Santa Clara University did quite well in this year’s ranking of the best places for business administration and management students to get a master’s degree. It came in at #22 on the list. Located in the midsize city of Santa Clara, SCU is a private not-for-profit school with a moderately-sized student population.

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#23

Lehigh University

Bethlehem, PA
37 Master's Degrees
$122,676 Average Earnings

Lehigh University came in at #23 in this year’s edition of the Best Business Administration & Management Master’s Degree Schools ranking. Lehigh is a moderately-sized private not-for-profit school located in the city of Bethlehem.

Full Business Administration & Management at Lehigh University Report

#24

University of Southern California

Los Angeles, CA
712 Master's Degrees
$127,841 Average Earnings

University of Southern California landed the #24 spot in the 2023 rankings for the best master’s degree business administration and management programs. Located in the city of Los Angeles, USC is a private not-for-profit college with a very large student population.

Full Business Administration & Management at University of Southern California Report

#25

University of Washington - Seattle Campus

Seattle, WA
318 Master's Degrees
$133,070 Average Earnings

University of Washington - Seattle Campus landed the #25 spot in the 2023 rankings for the best master’s degree business administration and management programs. Located in the large city of Seattle, UW Seattle is a public school with a fairly large student population.

Full Business Administration & Management at University of Washington - Seattle Campus Report

Rest of the Top 50 Best Business Administration & Management Master's Degree Schools

#26

New York University

New York, NY
#27

Washington University in St Louis

Saint Louis, MO
#28

University of Management and Technology

Arlington, VA
#29

Columbia University in the City of New York

New York, NY
#30

University of Illinois at Urbana-Champaign

Champaign, IL
#31

Villanova University

Villanova, PA
#32

Babson College

Wellesley, MA
#33

Virginia Tech

Blacksburg, VA
#34

University of Washington - Tacoma Campus

Tacoma, WA
#35

University of Minnesota - Twin Cities

Minneapolis, MN
#36

Milwaukee School of Engineering

Milwaukee, WI
#37

Wake Forest University

Winston-Salem, NC
#38

University of St Thomas Minnesota

Saint Paul, MN
#39

Texas Christian University

Fort Worth, TX
#40

Michigan State University

East Lansing, MI
#41

University of Washington - Bothell Campus

Bothell, WA
#42

University of Wisconsin - Madison

Madison, WI
#43

University of Maryland - College Park

College Park, MD
#44

Kettering University

Flint, MI
#45

Southern Methodist University

Dallas, TX
#46

Drake University

Des Moines, IA
#47

Brigham Young University - Provo

Provo, UT
#48

Texas A&M University - College Station

College Station, TX
#49

Seton Hall University

South Orange, NJ
#50

University of Georgia

Athens, GA

Additional Award Winners

This section represents the rest of the colleges awarded a Best Business Administration & Management Master's Degree Schools badge. Showing in this list means the college was ranked in the top 15% of the 1006 different United States business administration and management schools we analyzed.

Rank College Location
51 University of California - San Diego La Jolla, CA
52 Johns Hopkins University Baltimore, MD
53 Rutgers University - Newark Newark, NJ
54 California State University Maritime Academy Vallejo, CA
55 University of Richmond University of Richmond, VA
56 James Madison University Harrisonburg, VA
57 Boston University Boston, MA
58 University of Delaware Newark, DE
59 Marquette University Milwaukee, WI
60 Auburn University Auburn, AL
61 University of California - Irvine Irvine, CA
62 George Washington University Washington, DC
63 Boston College Chestnut Hill, MA
64 Stevens Institute of Technology Hoboken, NJ
65 University of Florida Gainesville, FL
66 Misericordia University Dallas, PA
67 University of Iowa Iowa City, IA
68 William & Mary Williamsburg, VA
69 Butler University Indianapolis, IN
70 The University of Tennessee - Knoxville Knoxville, TN
71 Syracuse University Syracuse, NY
72 University of Scranton Scranton, PA
73 Purdue University - Main Campus West Lafayette, IN
74 Bentley University Waltham, MA
75 University of San Francisco San Francisco, CA
76 University of Nebraska - Lincoln Lincoln, NE
77 University of Pittsburgh - Pittsburgh Campus Pittsburgh, PA
78 Baylor University Waco, TX
79 North Carolina State University Raleigh, NC
80 University of Arkansas Fayetteville, AR
81 Pepperdine University Malibu, CA
82 Temple University Philadelphia, PA
83 Ohio State University - Main Campus Columbus, OH
84 University of Northern Iowa Cedar Falls, IA
85 Rutgers University - Camden Camden, NJ
86 Colorado State University - Fort Collins Fort Collins, CO
87 Lebanon Valley College Annville, PA
88 Miami University - Oxford Oxford, OH
89 Loyola University Maryland Baltimore, MD
90 Worcester Polytechnic Institute Worcester, MA
91 University of Rochester Rochester, NY
92 Saint Mary’s College of California Moraga, CA
93 Creighton University Omaha, NE
94 Missouri University of Science and Technology Rolla, MO
95 Harvard University Cambridge, MA
96 University of South Carolina - Columbia Columbia, SC
97 Ithaca College Ithaca, NY
98 University of Wisconsin - Platteville Platteville, WI
99 Walsh College Troy, MI
100 California College of the Arts San Francisco, CA
101 Gonzaga University Spokane, WA
102 California Polytechnic State University - San Luis Obispo San Luis Obispo, CA
103 Seattle University Seattle, WA
104 Saint Louis University Saint Louis, MO
105 Elizabethtown College Elizabethtown, PA
106 Saint Joseph’s University Philadelphia, PA
107 Loyola Marymount University Los Angeles, CA
108 University of San Diego San Diego, CA
109 Case Western Reserve University Cleveland, OH
110 Golden Gate University - San Francisco San Francisco, CA
111 Illinois Institute of Technology Chicago, IL
112 Washington State University Pullman, WA
113 George Mason University Fairfax, VA
114 DePaul University Chicago, IL
115 Clemson University Clemson, SC
116 Saint Ambrose University Davenport, IA
117 California Lutheran University Thousand Oaks, CA
118 Cleary University Howell, MI
119 University of Wisconsin - Eau Claire Eau Claire, WI
120 University of Mary Bismarck, ND
121 Xavier University Cincinnati, OH
122 Fairfield University Fairfield, CT
123 University of Colorado Boulder Boulder, CO
124 University of Oklahoma Norman Campus Norman, OK
125 University of Utah Salt Lake City, UT
126 American University Washington, DC
127 Trine University-Regional/Non-Traditional Campuses Fort Wayne, IN
128 Bryan College - Dayton Dayton, TN
129 University of Massachusetts Amherst Amherst, MA
130 The University of Texas at Dallas Richardson, TX
131 Embry-Riddle Aeronautical University - Worldwide Daytona Beach, FL
132 University of Houston Houston, TX
133 University of Kansas Lawrence, KS
134 Ramapo College of New Jersey Mahwah, NJ
135 New Jersey Institute of Technology Newark, NJ
136 University of Arizona Tucson, AZ
137 Marymount University Arlington, VA
138 Northern Illinois University Dekalb, IL
139 Lawrence Technological University Southfield, MI
140 Yeshiva University New York, NY
141 Massachusetts Maritime Academy Buzzards Bay, MA
142 Bradley University Peoria, IL
143 University of Dayton Dayton, OH
144 Truman State University Kirksville, MO
145 Drexel University Philadelphia, PA
146 Michigan Technological University Houghton, MI
147 Tufts University Medford, MA
148 University of Redlands Redlands, CA
149 Illinois State University Normal, IL
150 University of Miami Coral Gables, FL

Honorable Mentions

These are some additional schools worth mentioning that are also great but just didn't quite make the cut to earn our top Best Business Administration & Management Master's Degree Schools award.

Rank College Location
151 West Chester University of Pennsylvania West Chester, PA
152 Citadel Military College of South Carolina Charleston, SC
153 Duquesne University Pittsburgh, PA
154 Montclair State University Montclair, NJ
155 Oakland University Rochester Hills, MI
156 Elon University Elon, NC
157 Bellevue University Bellevue, NE
158 Loyola University Chicago Chicago, IL
159 Winona State University Winona, MN
160 Catholic University of America Washington, DC
161 Minnesota State University - Mankato Mankato, MN
162 Saint Mary’s University of Minnesota Winona, MN
163 Bethel University Minnesota Saint Paul, MN
164 Wentworth Institute of Technology Boston, MA
165 University of North Dakota Grand Forks, ND
166 University of Connecticut Storrs, CT
167 John Carroll University University Heights, OH
168 University of Colorado Denver/Anschutz Medical Campus Denver, CO
169 University of Nebraska at Kearney Kearney, NE
170 Baldwin Wallace University Berea, OH
171 Rider University Lawrenceville, NJ
172 Rensselaer Polytechnic Institute Troy, NY
173 Kennesaw State University Kennesaw, GA
174 Baker University Baldwin City, KS
175 Arizona State University - Skysong Scottsdale, AZ
176 DeSales University Center Valley, PA
177 Virginia Commonwealth University Richmond, VA
178 Kansas State University Manhattan, KS
179 Fordham University Bronx, NY
180 Belmont University Nashville, TN
181 Carthage College Kenosha, WI
182 Arizona State University - Tempe Tempe, AZ
183 William Jessup University Rocklin, CA
184 University of Wisconsin - River Falls River Falls, WI
185 University of Minnesota - Duluth Duluth, MN
186 University of Houston - Clear Lake Houston, TX
187 Embry-Riddle Aeronautical University - Daytona Beach Daytona Beach, FL
188 Saint Norbert College De Pere, WI
189 Western Governors University Salt Lake City, UT
190 University of Michigan - Dearborn Dearborn, MI
191 Edgewood College Madison, WI
192 Waynesburg University Waynesburg, PA
193 Moravian College Bethlehem, PA
194 Minnesota State University - Moorhead Moorhead, MN
195 University of South Dakota Vermillion, SD
196 Willamette University Salem, OR
197 University of Wisconsin - Oshkosh Oshkosh, WI
198 San Jose State University San Jose, CA
199 Westminster College Utah Salt Lake City, UT
200 Rockhurst University Kansas City, MO
201 The University of Arizona Global Campus San Diego, CA

Business Administration & Management by Region

View the Best Business Administration & Management Master's Degree Schools for a specific region near you.

Region
Southeast
New England
Rocky Mountains
Plains States
Middle Atlantic
Far Western US
Southwest
Great Lakes

One of 21 majors within the area of study, business administration and management has other similar majors worth exploring.

Majors Similar to Business Administration

Related Major Annual Graduates
Accounting 99,265
Finance & Financial Management 57,778
General Business/Commerce 56,042
Marketing 52,916
Management Sciences & Quantitative Methods 43,382

Notes and References

*These averages are for the top 25 schools only.

  • Read more about our ranking methodology.
  • 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 the rest 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).

More about our data sources and methodologies.

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