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Best Value Managerial Economics Schools in the Great Lakes Region

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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.

2023 Best Value Business/Managerial Economics Schools in the Great Lakes Region

Check out the managerial economics programs at these schools if you want to get the best value for your educational dollar.

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 medium-sized public school located in the remote town of Macomb.

WIU undergraduate students pay an average of $13,297 in tuition and fees each year.

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$11,496 Average Tuition & Fees

A rank of #2 on this year’s list means Southern Illinois University Edwardsville is a great value for business/managerial economics students. Located in the large suburb of Edwardsville, SIUE is a public college with a large student population.

SIUE undergraduate students pay an average of $11,496 in tuition and fees each year. While working on their degree, managerial economics majors at SIUE accumulate an average of around $19,514 in student debt.

Read full report on Business/Managerial Economics at Southern Illinois University Edwardsville

#3

Youngstown State University

Youngstown, OH
$9,732 Average Tuition & Fees

You’ll join some of the best and brightest minds around you if you attend Youngstown State University. The school came in at #3 on this year’s 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.

The average tuition and fees for an out-of-state undergraduate student at Youngstown State University are $9,732 a year.

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You’ll be in good company if you decide to attend Grand Valley State University. It ranked #4 on our 2023 Best Value Managerial Economics Schools in the Great Lakes Region list. GVSU is a fairly large public school located in the suburb of Allendale.

GVSU undergraduate students pay an average of $19,628 in tuition and fees each 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

$15,500 Average Tuition & Fees

You’ll join some of the best and brightest minds around you if you attend Eastern Michigan University. The school came in at #5 on this year’s Best Value Managerial Economics Schools in the Great Lakes Region list. Located in the suburb of Ypsilanti, Eastern Michigan is a public college with a fairly large student population.

Out-of-state tuition fees for undergraduate students at Eastern Michigan are $15,500 per year.

Read full report on Business/Managerial Economics at Eastern Michigan University

$15,240 Average Tuition & Fees

Southern Illinois University Carbondale landed the #6 spot in the 2023 rankings for the best value business/managerial economics programs. Located in the city of Carbondale, SIUC is a public college with a large student population.

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

Read full report on Business/Managerial Economics at Southern Illinois University Carbondale

$19,252 Average Tuition & Fees

Wright State University - Main Campus landed the #7 spot in the 2023 rankings for the best value business/managerial economics programs. Located in the suburb of Dayton, Wright State University - Main Campus is a public college with a large student population.

Out-of-state tuition fees for undergraduate students at Wright State University - Main Campus are $19,252 per year.

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#8

Xavier University

Cincinnati, OH

With a ranking of #8, Xavier University did quite well on this year’s best value schools for business/managerial economics students. Located in the large city of Cincinnati, Xavier is a private not-for-profit college with a medium-sized student population.

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

Read full report on Business/Managerial Economics at Xavier University

#9

Northwestern University

Evanston, IL

Northwestern University landed the #9 spot in the 2023 rankings for the best value business/managerial economics programs. Northwestern is a fairly large private not-for-profit school located in the 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.

Read full report on Business/Managerial Economics at Northwestern University

#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 college with a large student population.

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

Read full report on Business/Managerial Economics at Cleveland State University

Best Business/Managerial Economics Colleges by State

Explore the best business/managerial economics schools 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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