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.
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2023 Best Value Business Administration & Management Master’s Degree Schools in the Great Lakes Region
The colleges and universities below are the best value schools for business administration majors pursuing a master's degree.
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 town of Ashland, Ashland is a private not-for-profit school with a small student population.
Out-of-state tuition fees for graduate students at Ashland are $6,972 per year.
Read full report on Business Administration & Management at Ashland University
You’ll be in good company if you decide to attend Ferris State University. It ranked #2 on our 2023 Best Value Business Administration & Management Master’s Degree Schools in the Great Lakes Region 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.
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 city of Fort Wayne.
Out-of-state tuition fees for graduate students at Trine are $10,350 per year.
As a testament to the quality of education it offers, Trine also is in the top 15% of our Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region ranking.
You’ll join some of the best and brightest minds around you if you attend Youngstown State University. The school came in at #4 on this year’s 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.
Full Business Administration & Management at Youngstown State University Report
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.
Out-of-state tuition fees for graduate students at MBU are $7,330 per year.
Kettering University came in at #6 in this year’s edition of the Best Value Business Administration & Management Master’s Degree Schools in the Great Lakes Region ranking. Kettering is a small private not-for-profit school located in the small city of Flint.
Out-of-state tuition fees for graduate students at Kettering are $15,128 per 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.
Southern Illinois University Edwardsville came in at #7 in this year’s edition of the Best Value Business Administration & Management Master’s Degree Schools in the Great Lakes Region ranking. SIUE is a large public school located in the large suburb of Edwardsville.
SIUE graduate students pay an average of $9,316 in tuition and fees each year.
Northern Illinois 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. NIU is a large public school located in the suburb of Dekalb.
The average tuition and fees for an out-of-state graduate students at NIU are $11,390 a year.
Xavier University ranked #9 on this year’s Best Value Business Administration & Management Master’s Degree Schools in the Great Lakes Region list. Xavier is a moderately-sized private not-for-profit school located in the large city of Cincinnati.
The average tuition and fees for an out-of-state graduate students at Xavier are $12,076 a year.
Spring Arbor 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 #10 on the list. Located in the suburb of Spring Arbor, Spring Arbor is a private not-for-profit college with a small student population.
Out-of-state tuition fees for graduate students at Spring Arbor are $8,383 per year.
Read full report on Business Administration & Management at Spring Arbor University
Grace College and Theological Seminary ranked #11 on this year’s Best Value Business Administration & Management Master’s Degree Schools in the Great Lakes Region list. Grace College is a small private not-for-profit school located in the distant town of Winona Lake.
Out-of-state tuition fees for graduate students at Grace College are $8,054 per year.
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.
Baldwin Wallace College graduate students pay an average of $11,363 in tuition and fees each year.
Full Business Administration & Management at Baldwin Wallace University Report
Butler University ranked #13 on this year’s Best Value Business Administration & Management Master’s Degree Schools in the Great Lakes Region list. Butler is a medium-sized private not-for-profit school located in the city of Indianapolis.
Out-of-state tuition fees for graduate students at Butler are $14,785 per year.
Read full report on Business Administration & Management at Butler University
With a ranking of #14, Illinois State University did quite well on this year’s best value schools for business administration and management students working on their master’s degree. Illinois State is a very large public school located in the midsize suburb of Normal.
The average tuition and fees for an out-of-state graduate students at Illinois State are $11,773 a year.
On top of its placing in our value ranking, Illinois State also did well on our Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region list. It’s in the top 20% of all schools reviewed in this analysis.
Saint Norbert College ranked #15 on this year’s Best Value Business Administration & Management Master’s Degree Schools in the Great Lakes Region list. Located in the suburb of De Pere, SNC 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 SNC are $11,363 a year.
Full Business Administration & Management at Saint Norbert College Report
Cedarville 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 #15 on the list. Located in the fringe town of Cedarville, Cedarville is a private not-for-profit college with a small student population.
Out-of-state tuition fees for graduate students at Cedarville are $9,864 per year.
Read full report on Business Administration & Management at Cedarville University
Bethel University - Mishawaka 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 #17 on the list. Bethel University is a small private not-for-profit school located in the city of Mishawaka.
The average tuition and fees for an out-of-state graduate students at Bethel University are $7,880 a year.
Read full report on Business Administration & Management at Bethel University - Mishawaka
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 college with a small student population.
Viterbo graduate students pay an average of $9,488 in tuition and fees each year.
Indiana Wesleyan University - National & Global landed the #19 spot in the 2023 rankings for the best value master’s degree business administration and management programs. Located in the rural area of Marion, IWU is a private not-for-profit college with a fairly large student population.
Out-of-state tuition fees for graduate students at IWU are $10,440 per year.
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.
Huntington graduate students pay an average of $11,856 in tuition and fees each year.
Read full report on Business Administration & Management at Huntington University
McKendree 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 #21 on the 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.
Full Business Administration & Management at McKendree University Report
Oakland City University ranked #22 on this year’s Best Value Business Administration & Management Master’s Degree Schools in the Great Lakes Region list. Located in the town of Oakland City, Oakland City is a private not-for-profit school with a small student population.
Out-of-state tuition fees for graduate students at Oakland City are $9,000 per year.
Valparaiso University came in at #23 in this year’s edition of the Best Value Business Administration & Management Master’s Degree Schools in the Great Lakes Region ranking. 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.
Read full report on Business Administration & Management at Valparaiso University
Additional 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 schools 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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