2023 Best Value Business Administration & Management Master's Degree Schools in the Great Lakes Region
Identifying Quality Schools at More Affordable Prices
Finding the Best Business Administration & Management Master's Degree School for You
With 416,590 degrees and certificates handed out in 2020-2021, business administration and management is the #2 most popular major in the United States.
When it comes to higher education, there are a lot of options for students. You're no longer limited to schools in your local area, either, since online programs are becoming more prevalent. Or you may find the programs at a trade school to be a better alternative for you.
To assist you in seeing some of the education options that are available to you, Course Advisor has created its Best Value Business Administration & Management Master's Degree Schools in the Great Lakes Region ranking. This report analyzed 156 schools in the Great Lakes Region to see which ones offered the best value master's degree programs for business administration students. The goal was to highlight schools with more affordable prices than others offering similar quality experiences.
This ranking is not just a list of inexpensive schools. We also consider each school's quality, since we believe a low-quality school may not be a 'bargain' at any price. More specifically, we discount our quality score by the published tuition and fees charged by a school. This gives the cost per unit of quality for each college. The value is determined by how much quality your dollar buys.
For nationwide and regional rankings, we use out-of-state tuition and fees in our calculations. Average in-state tuition and fees are used for our statewide rankings.
Top 15% Best Business Administration & Management Master's Degree Schools
Our 2023 rankings named Ashland University the best value school in the Great Lakes Region for business administration and management students working on their master’s degree. Located in the fringe town of Ashland, Ashland is a private not-for-profit school with a small student population.
Ashland graduate students pay an average of $6,972 in tuition and fees each year.
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Out of the 156 schools in the Great Lakes Region that were part of this year’s ranking, Ferris State University landed the # 2 spot on the list. Ferris is a fairly large public school located in the distant town of Big Rapids.
Out-of-state tuition fees for graduate students at Ferris are $8,232 per year.
Full Business Administration & Management at Ferris State University Report
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A rank of #3 on this year’s list means Trine University-Regional/Non-Traditional Campuses is a great value for business administration and management students working on their master’s degree. Trine is a small private not-for-profit school located in the large city of Fort Wayne.
The average tuition and fees for an out-of-state graduate students at Trine are $10,350 a year.
Trine excels when it comes to quality. It’s ranked in the top 15% of all schools on our Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region list.
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You’ll be in good company if you decide to attend Youngstown State University. It ranked #4 on our 2023 Best Value Business Administration & Management Master’s Degree Schools in the Great Lakes Region list. Located in the city of Youngstown, Youngstown State University is a public school with a large student population.
Youngstown State University graduate students pay an average of $6,931 in tuition and fees each year.
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A rank of #5 on this year’s list means Maranatha Baptist University is a great value for business administration and management students working on their master’s degree. MBU is a small private not-for-profit school located in the fringe town of Watertown.
The average tuition and fees for an out-of-state graduate students at MBU are $7,330 a year.
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With a ranking of #6, Kettering University did quite well on this year’s best value schools for business administration and management students working on their master’s degree. Kettering is a small private not-for-profit school located in the small city of Flint.
Kettering graduate students pay an average of $15,128 in tuition and fees each year.
Kettering not only placed well in our value ranking, but it is also #4 on our Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region list.
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With a ranking of #7, Southern Illinois University Edwardsville did quite well on this year’s best value schools for business administration and management students working on their master’s degree. SIUE is a fairly large public school located in the suburb of Edwardsville.
SIUE graduate students pay an average of $9,316 in tuition and fees each year.
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Northern Illinois University ranked #8 on this year’s Best Value Business Administration & Management Master’s Degree Schools in the Great Lakes Region list. NIU is a fairly large public school located in the small suburb of Dekalb.
Out-of-state tuition fees for graduate students at NIU are $11,390 per year.
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With a ranking of #9, Xavier University did quite well on this year’s best value schools for business administration and management students working on their master’s degree. Xavier is a moderately-sized private not-for-profit school located in the city of Cincinnati.
Xavier graduate students pay an average of $12,076 in tuition and fees each year.
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With a ranking of #10, Spring Arbor University did quite well on this year’s best value schools for business administration and management students working on their master’s degree. Located in the small suburb of Spring Arbor, Spring Arbor is a private not-for-profit college with a small student population.
The average tuition and fees for an out-of-state graduate students at Spring Arbor are $8,383 a year.
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Grace College and Theological Seminary came in at #11 in this year’s edition of the Best Value Business Administration & Management Master’s Degree Schools in the Great Lakes Region ranking. Grace College is a small private not-for-profit school located in the distant town of Winona Lake.
The average tuition and fees for an out-of-state graduate students at Grace College are $8,054 a year.
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Baldwin Wallace University ranked #11 on this year’s Best Value Business Administration & Management Master’s Degree Schools in the Great Lakes Region list. Baldwin Wallace College is a small private not-for-profit school located in the suburb of Berea.
The average tuition and fees for an out-of-state graduate students at Baldwin Wallace College are $11,363 a year.
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With a ranking of #13, Butler University did quite well on this year’s best value schools for business administration and management students working on their master’s degree. Butler is a medium-sized private not-for-profit school located in the large city of Indianapolis.
Butler graduate students pay an average of $14,785 in tuition and fees each year.
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Illinois State University came in at #14 in this year’s edition of the Best Value Business Administration & Management Master’s Degree Schools in the Great Lakes Region ranking. Illinois State is a fairly large public school located in the medium-sized suburb of Normal.
The average tuition and fees for an out-of-state graduate students at Illinois State are $11,773 a year.
As a testament to the quality of education it offers, Illinois State also is in the top 20% of our Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region ranking.
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Saint Norbert College came in at #15 in this year’s edition of the Best Value Business Administration & Management Master’s Degree Schools in the Great Lakes Region ranking. Located in the midsize suburb of De Pere, SNC is a private not-for-profit college with a small student population.
SNC graduate students pay an average of $11,363 in tuition and fees each year.
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Cedarville University landed the #15 spot in the 2023 rankings for the best value master’s degree business administration and management programs. Located in the town of Cedarville, Cedarville is a private not-for-profit school with a small student population.
Cedarville graduate students pay an average of $9,864 in tuition and fees each year.
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Bethel University - Mishawaka landed the #17 spot in the 2023 rankings for the best value master’s degree business administration and management programs. Bethel University is a small private not-for-profit school located in the small city of Mishawaka.
Bethel University graduate students pay an average of $7,880 in tuition and fees each year.
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With a ranking of #17, Viterbo University did quite well on this year’s best value schools for business administration and management students working on their master’s degree. Located in the city of La Crosse, Viterbo is a private not-for-profit school with a small student population.
Out-of-state tuition fees for graduate students at Viterbo are $9,488 per year.
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Indiana Wesleyan University - National & Global came in at #19 in this year’s edition of the Best Value Business Administration & Management Master’s Degree Schools in the Great Lakes Region ranking. Located in the rural area of Marion, IWU is a private not-for-profit school with a large student population.
IWU graduate students pay an average of $10,440 in tuition and fees each year.
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With a ranking of #20, Huntington University did quite well on this year’s best value schools for business administration and management students working on their master’s degree. Located in the distant town of Huntington, Huntington is a private not-for-profit college with a small student population.
The average tuition and fees for an out-of-state graduate students at Huntington are $11,856 a year.
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McKendree University ranked #21 on this year’s Best Value Business Administration & Management Master’s Degree Schools in the Great Lakes Region list. McKendree is a small private not-for-profit school located in the large suburb of Lebanon.
McKendree graduate students pay an average of $9,756 in tuition and fees each year.
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Oakland City University landed the #22 spot in the 2023 rankings for the best value master’s degree business administration and management programs. Located in the distant town of Oakland City, Oakland City is a private not-for-profit college with a small student population.
Oakland City graduate students pay an average of $9,000 in tuition and fees each year.
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Valparaiso University landed the #23 spot in the 2023 rankings for the best value master’s degree business administration and management programs. Valpo is a small private not-for-profit school located in the suburb of Valparaiso.
Valpo graduate students pay an average of $12,220 in tuition and fees each year.
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Request InformationAdditional Noteworthy Schools
These are some additional schools worth mentioning that are also great but just didn't quite make the cut to earn our top Best Value Business Administration & Management Master's Degree Schools in the Great Lakes Region award.
| Rank | College | Location |
|---|---|---|
| 24 | Concordia University, Wisconsin | Mequon, WI |
| 25 | Capital University | Columbus, OH |
| 26 | Walsh College | Troy, MI |
| 27 | Mount Vernon Nazarene University | Mount Vernon, OH |
| 28 | Ottawa University - Milwaukee | Brookfield, WI |
| 28 | Carroll University | Waukesha, WI |
| 30 | Cardinal Stritch University | Milwaukee, WI |
| 31 | Defiance College | Defiance, OH |
Best Business Administration & Management Colleges by State
Explore the best business administration and management colleges for a specific state in the Great Lakes region.
| State | Degrees Awarded |
|---|---|
| Michigan | 9,389 |
| Ohio | 10,313 |
| Illinois | 13,124 |
| Indiana | 6,950 |
| Wisconsin | 5,343 |
More Business Administration & Management Rankings in the Great Lakes Region
Business Administration & Management Related Majors for Business Administration
Business Administration & Management is one of 21 different types of programs to choose from.
Most Popular Majors Related 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.
- 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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