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Best Value Managerial Economics Schools in the Great Lakes Region

2023 Best Value Managerial Economics Schools in the Great Lakes Region

Highlighting Quality Schools With More Affordable Pricing

30 Colleges
$30,104 Avg Tuition & Fees*
$47,740 Avg Salary

Finding the Best Business/Managerial Economics School for You

Out of all the majors we analyze each year, business/managerial economics was ranked #122 in the country. In fact 5,667 degrees and certificates were handed out in 2020-2021.

It's not easy to decide which program to enroll in when you have so many options available. As online education oppotunities continue to grow, you're not restricted to just schools in your local area anymore. Even some of the 'big name' schools are offering online courses. Also, there are a number of trade schools with offerings that you might find attractive.

Along with in-depth profiles of schools and the programs they offer, Course Advisor has created the Best Value Managerial Economics Schools in the Great Lakes Region to help you in your search for the best school for you. This report analyzed 30 schools in the Great Lakes Region to see which ones offered the best value programs for managerial economics students. The goal was to highlight schools with more affordable prices than others offering similar quality experiences.

Our ranking of value is based on the quality of a program as defined in our per sticker price dollar. Specifically, our score for quality is discounted by the published tuition and fees charged by the given college. This gives the cost per unit of quality for each college. The more quality your dollar buys, the better the value.

In our regional and nationwide rankings, out-of-state tution and fees are used in our calculations. For statewide rankings, we use average in-state tuition and fees.

Top 10 Best Business/Managerial Economics Schools

$13,297 Average Tuition & Fees

Our 2023 rankings named Western Illinois University the best value school in the Great Lakes Region for business/managerial economics students. WIU is a moderately-sized public school located in the remote town of Macomb.

The average tuition and fees for an out-of-state undergraduate student at WIU are $13,297 a year.

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$11,496 Average Tuition & Fees

You’ll join some of the best and brightest minds around you if you attend Southern Illinois University Edwardsville. The school came in at #2 on this year’s Best Value Managerial Economics Schools in the Great Lakes Region list. Located in the suburb of Edwardsville, SIUE is a public school with a fairly large student population.

Out-of-state tuition fees for undergraduate students at SIUE are $11,496 per year. While working on their degree, managerial economics majors at SIUE accumulate an average of around $19,514 in student debt.

Full Business/Managerial Economics at Southern Illinois University Edwardsville Report

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#3

Youngstown State University

Youngstown, OH
$9,732 Average Tuition & Fees

You’ll be in good company if you decide to attend Youngstown State University. It ranked #3 on our 2023 Best Value Managerial Economics Schools in the Great Lakes Region list. Youngstown State University is a large public school located in the small city of Youngstown.

Out-of-state tuition fees for undergraduate students at Youngstown State University are $9,732 per year.

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You’ll join some of the best and brightest minds around you if you attend Grand Valley State University. The school came in at #4 on this year’s Best Value Managerial Economics Schools in the Great Lakes Region list. GVSU is a very large public school located in the large suburb of Allendale.

Out-of-state tuition fees for undergraduate students at GVSU are $19,628 per year. Managerial Economics majors at GVSU take out an average of $24,281 in student loans while working on their egree. For students who choose a 10-year repayment plan, the average monthly student loan payment is $134.

Full Business/Managerial Economics at Grand Valley State University Report

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$15,500 Average Tuition & Fees

Out of the 30 schools in the Great Lakes Region that were part of this year’s ranking, Eastern Michigan University landed the # 5 spot on the list. Located in the suburb of Ypsilanti, Eastern Michigan is a public college with a large student population.

Eastern Michigan undergraduate students pay an average of $15,500 in tuition and fees each year.

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$15,240 Average Tuition & Fees

With a ranking of #6, Southern Illinois University Carbondale did quite well on this year’s best value schools for business/managerial economics students. Located in the small city of Carbondale, SIUC is a public school with a large student population.

SIUC undergraduate students pay an average of $15,240 in tuition and fees each year.

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$19,252 Average Tuition & Fees

Wright State University - Main Campus did quite well in this year’s ranking of the best value schools for business/managerial economics students. It came in at #7 on the list. Located in the large suburb of Dayton, Wright State University - Main Campus is a public school with a fairly large student population.

Wright State University - Main Campus undergraduate students pay an average of $19,252 in tuition and fees each year.

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#8

Xavier University

Cincinnati, OH

Xavier University ranked #8 on this year’s Best Value Managerial Economics Schools in the Great Lakes Region list. Located in the large city of Cincinnati, Xavier is a private not-for-profit school with a moderately-sized student population.

Xavier undergraduate students pay an average of $42,460 in tuition and fees each year.

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#9

Northwestern University

Evanston, IL

Northwestern University did quite well in this year’s ranking of the best value schools for business/managerial economics students. It came in at #9 on the list. Northwestern is a very large private not-for-profit school located in the small city of Evanston.

Out-of-state tuition fees for undergraduate students at Northwestern are $60,768 per year.

Northwestern did well in our overall quality rankings, too. It placed #2 on our Best Managerial Economics Schools in the Great Lakes Region list.

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#10

Cleveland State University

Cleveland, OH
$16,654 Average Tuition & Fees

Cleveland State University came in at #10 in this year’s edition of the Best Value Managerial Economics Schools in the Great Lakes Region ranking. Located in the city of Cleveland, Cleveland State University is a public school with a fairly large student population.

Out-of-state tuition fees for undergraduate students at Cleveland State University are $16,654 per year.

Full Business/Managerial Economics at Cleveland State University Report

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Best Business/Managerial Economics Colleges by State

Explore the best business/managerial economics colleges for a specific state in the Great Lakes region.

State Degrees Awarded
Michigan 77
Ohio 262
Illinois 208
Indiana 0
Wisconsin 54

Business/Managerial Economics is one of 21 different types of programs to choose from.

Related Major Annual Graduates
Business Administration & Management 416,590
Accounting 99,265
Finance & Financial Management 57,778
General Business/Commerce 56,042
Marketing 52,916

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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