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Best Business & Commerce Master's Degree Schools

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2023 Best Business & Commerce Master's Degree Schools

107 Colleges
$74,610 Avg Salary

Finding the Best General Business/Commerce Master's Degree School for You

In 2020-2021, 56,042 people earned a degree or certificate in general business/commerce, making the major the #16 most popular in the United States.

With all the programs available today, it can be tough to choose which one is the best for you. 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.

To assist you in seeing some of the education options that are available to you, Course Advisor has created its Best Business & Commerce Master's Degree Schools ranking. Our analysis looked at 107 schools in the United States to see which master's degree programs offered the best educational experiences for students. Factors related to overall quality of the school, post-graduation earnings, average student debt, and more accumulated were considered when coming up with this list.

View our full ranking methodology.

2023 Best General Business/Commerce Master’s Degree Schools in the United States

The following schools top our list of the Best General Business/Commerce Master's Degree Colleges.

Top 15% Best General Business/Commerce Master's Degree Schools

Our 2023 rankings named Massachusetts Institute of Technology the best school in the United States for general business/commerce students working on their master’s degree. MIT is a large private not-for-profit school located in the midsize city of Cambridge.

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#2

University of Notre Dame

Notre Dame, IN

The excellent master’s degree programs at University of Notre Dame helped the school earn the #2 place on this year’s ranking of the best general business/commerce schools in the United States. Located in the large suburb of Notre Dame, Notre Dame is a private not-for-profit school with a fairly large student population.

Full General Business/Commerce at University of Notre Dame Report

#3

Northwestern University

Evanston, IL

The excellent master’s degree programs at Northwestern University helped the school earn the #3 place on this year’s ranking of the best general business/commerce schools in the United States. Located in the city of Evanston, Northwestern is a private not-for-profit school with a very large student population.

Full General Business/Commerce at Northwestern University Report

#4

University of Chicago

Chicago, IL

A rank of #4 on this year’s list means University of Chicago is a great place for general business/commerce students working on their master’s degree. UChicago is a fairly large private not-for-profit school located in the city of Chicago.

Read full report on General Business/Commerce at University of Chicago

#5

University of Pennsylvania

Philadelphia, PA

A rank of #5 on this year’s list means University of Pennsylvania is a great place for general business/commerce students working on their master’s degree. Located in the city of Philadelphia, UPenn is a private not-for-profit school with a very large student population.

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Indiana University - Bloomington did quite well in this year’s ranking of the best places for general business/commerce students to get a master’s degree. It came in at #6 on the list. IU Bloomington is a very large public school located in the city of Bloomington.

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

#7

Michigan State University

East Lansing, MI

With a ranking of #7, Michigan State University did quite well on this year’s best schools for general business/commerce students working on their master’s degree. Michigan State is a fairly large public school located in the small city of East Lansing.

Full General Business/Commerce at Michigan State University Report

#8

Johns Hopkins University

Baltimore, MD

Johns Hopkins University came in at #8 in this year’s edition of the Best Business & Commerce Master’s Degree Schools ranking. Johns Hopkins is a very large private not-for-profit school located in the city of Baltimore.

Read full report on General Business/Commerce at Johns Hopkins University

University of Wisconsin - Madison landed the #9 spot in the 2023 rankings for the best master’s degree general business/commerce programs. Located in the city of Madison, UW - Madison is a public school with a very large student population.

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

#10

New York University

New York, NY

New York University did quite well in this year’s ranking of the best places for general business/commerce students to get a master’s degree. It came in at #10 on the list. Located in the city of New York, NYU is a private not-for-profit college with a fairly large student population.

Read full report on General Business/Commerce at New York University

#11

Lehigh University

Bethlehem, PA

Lehigh University came in at #11 in this year’s edition of the Best Business & Commerce Master’s Degree Schools ranking. Located in the small city of Bethlehem, Lehigh is a private not-for-profit college with a medium-sized student population.

Read full report on General Business/Commerce at Lehigh University

With a ranking of #12, Worcester Polytechnic Institute did quite well on this year’s best schools for general business/commerce students working on their master’s degree. WPI is a moderately-sized private not-for-profit school located in the city of Worcester.

Full General Business/Commerce at Worcester Polytechnic Institute Report

#13

Texas Tech University

Lubbock, TX

Texas Tech University ranked #13 on this year’s Best Business & Commerce Master’s Degree Schools list. Located in the large city of Lubbock, Texas Tech is a public college with a very large student population.

Full General Business/Commerce at Texas Tech University Report

With a ranking of #14, Citadel Military College of South Carolina did quite well on this year’s best schools for general business/commerce students working on their master’s degree. The Citadel is a small public school located in the midsize city of Charleston.

Read full report on General Business/Commerce at Citadel Military College of South Carolina

#15

Loyola Marymount University

Los Angeles, CA

Loyola Marymount University did quite well in this year’s ranking of the best places for general business/commerce students to get a master’s degree. It came in at #15 on the list. Loyola Marymount is a large private not-for-profit school located in the city of Los Angeles.

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#16

George Mason University

Fairfax, VA

With a ranking of #16, George Mason University did quite well on this year’s best schools for general business/commerce students working on their master’s degree. GMU is a fairly large public school located in the large suburb of Fairfax.

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Additional Noteworthy Schools

Here are some additional great schools for Business & Commerce students that almost earned our Best Business & Commerce Master's Degree Schools award.

Rank College Location
17 Northeastern University Boston, MA
18 Gonzaga University Spokane, WA
19 University of Maryland - College Park College Park, MD
20 University of Missouri - Columbia Columbia, MO
21 Saint Joseph’s University Philadelphia, PA

General Business/Commerce by Region

View the Best Business & Commerce 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, general business/commerce has other similar majors worth exploring.

Related Major Annual Graduates
Business Administration & Management 416,590
Accounting 99,265
Finance & Financial Management 57,778
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).
  • Credit for the banner image above goes to U.S. Consulate General Munich.

More about our data sources and methodologies.

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