2023 Best Value Business, Management & Marketing Master's Degree Schools in the Great Lakes Region
Highlighting Quality Schools With More Affordable Pricing
Finding the Best Business, Management & Marketing Master's Degree School for You
In 2020-2021, 862,104 degrees and certificates were awarded to business, management and marketing students, making the major the most popular in the country.
It's not easy to decide which program to enroll in when you have so many options available. 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 help you arm yourself with the information you need to make your decision, Course Advisor has developed this Best Value Business, Management & Marketing Master's Degree Schools in the Great Lakes Region ranking. This report analyzed 174 schools in the Great Lakes Region to see which ones offered the best value master's degree programs for business, management and marketing 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 25 Best Great Lakes Region Schools for Affordable Quality for a Master's in Business, Management & Marketing
Our analysis found Rasmussen University - Illinois to be the best value school for business, management and marketing students who want to pursue a master’s degree in the Great Lakes Region . Located in the midsize city of Rockford, Rasmussen University - Illinois is a private for-profit college with a small student population.
The average tuition and fees for an out-of-state graduate students at Rasmussen University - Illinois are $5,615 a year.
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The excellent master’s degree programs at Ashland University helped the school earn the #2 place on this year’s ranking of the best value business, management and marketing schools in the Great Lakes Region . Ashland is a small private not-for-profit school located in the fringe town of Ashland.
The average tuition and fees for an out-of-state graduate students at Ashland are $6,972 a year.
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You’ll join some of the best and brightest minds around you if you attend Wittenberg University. The school came in at #3 on this year’s Best Value Business, Management & Marketing Master’s Degree Schools in the Great Lakes Region list. Located in the small city of Springfield, Wittenberg is a private not-for-profit school with a small student population.
Wittenberg graduate students pay an average of $8,352 in tuition and fees each year.
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A rank of #4 on this year’s list means Calvin University is a great value for business, management and marketing students working on their master’s degree. Located in the midsize city of Grand Rapids, Calvin is a private not-for-profit school with a small student population.
Calvin graduate students pay an average of $11,880 in tuition and fees each year.
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The excellent master’s degree programs at Ferris State University helped the school earn the #5 place on this year’s ranking of the best value business, management and marketing schools in the Great Lakes Region . Located in the town of Big Rapids, Ferris is a public school with a fairly large student population.
Out-of-state tuition fees for graduate students at Ferris are $8,232 per year.
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Trine University-Regional/Non-Traditional Campuses landed the #6 spot in the 2023 rankings for the best value master’s degree business, management and marketing programs. Located in the large city of Fort Wayne, Trine is a private not-for-profit college with a small student population.
Trine graduate students pay an average of $10,350 in tuition and fees each year.
Trine excels when it comes to quality. It’s ranked in the top 15% of all schools on our Best Business, Management & Marketing Master’s Degree Schools in the Great Lakes Region list.
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With a ranking of #7, Youngstown State University did quite well on this year’s best value schools for business, management and marketing students working on their master’s degree. Youngstown State University is a large public school located in the city of Youngstown.
Out-of-state tuition fees for graduate students at Youngstown State University are $6,931 per year.
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Kettering University landed the #8 spot in the 2023 rankings for the best value master’s degree business, management and marketing programs. Located in the city of Flint, Kettering 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 Kettering are $15,128 a year.
Kettering also made our Best Business, Management & Marketing Master’s Degree Schools in the Great Lakes Region list, coming in at #4.
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Maranatha Baptist University ranked #9 on this year’s Best Value Business, Management & Marketing Master’s Degree Schools in the Great Lakes Region list. Located in the fringe town of Watertown, MBU is a private not-for-profit college with a small student population.
MBU graduate students pay an average of $7,330 in tuition and fees each year.
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With a ranking of #10, Southern Illinois University Edwardsville did quite well on this year’s best value schools for business, management and marketing students working on their master’s degree. Located in the large suburb of Edwardsville, SIUE is a public college with a fairly large student population.
Out-of-state tuition fees for graduate students at SIUE are $9,316 per year.
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With a ranking of #11, Illinois State University did quite well on this year’s best value schools for business, management and marketing students working on their master’s degree. Located in the medium-sized suburb of Normal, Illinois State is a public college with a very large student population.
Illinois State graduate students pay an average of $11,773 in tuition and fees each year.
As a testament to the quality of education it offers, Illinois State also is in the top 20% of our Best Business, Management & Marketing Master’s Degree Schools in the Great Lakes Region ranking.
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Butler University did quite well in this year’s ranking of the best places for business, management and marketing students to get a master’s degree. It came in at #12 on the list. Located in the city of Indianapolis, Butler is a private not-for-profit school with a medium-sized student population.
The average tuition and fees for an out-of-state graduate students at Butler are $14,785 a year.
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Northern Illinois University did quite well in this year’s ranking of the best places for business, management and marketing students to get a master’s degree. It came in at #13 on the list. Located in the suburb of Dekalb, NIU is a public school with a large student population.
Out-of-state tuition fees for graduate students at NIU are $11,390 per year.
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Spring Arbor University landed the #14 spot in the 2023 rankings for the best value master’s degree business, management and marketing programs. Spring Arbor is a small private not-for-profit school located in the suburb of Spring Arbor.
Spring Arbor graduate students pay an average of $8,383 in tuition and fees each year.
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With a ranking of #14, Xavier University did quite well on this year’s best value schools for business, management and marketing students working on their master’s degree. Located in the large city of Cincinnati, Xavier is a private not-for-profit school with a moderately-sized student population.
Xavier graduate students pay an average of $12,076 in tuition and fees each year.
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Grace College and Theological Seminary landed the #16 spot in the 2023 rankings for the best value master’s degree business, management and marketing programs. Located in the distant town of Winona Lake, Grace College is a private not-for-profit school with a small student population.
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 did quite well in this year’s ranking of the best places for business, management and marketing students to get a master’s degree. It came in at #17 on the list. Located in the suburb of Berea, Baldwin Wallace College is a private not-for-profit school with a small student population.
Baldwin Wallace College graduate students pay an average of $11,363 in tuition and fees each year.
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Cedarville University landed the #18 spot in the 2023 rankings for the best value master’s degree business, management and marketing programs. Cedarville is a small private not-for-profit school located in the fringe town of Cedarville.
Cedarville graduate students pay an average of $9,864 in tuition and fees each year.
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Saint Norbert College landed the #18 spot in the 2023 rankings for the best value master’s degree business, management and marketing programs. SNC is a small private not-for-profit school located in the midsize suburb of De Pere.
SNC graduate students pay an average of $11,363 in tuition and fees each year.
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Muskingum University landed the #20 spot in the 2023 rankings for the best value master’s degree business, management and marketing programs. Located in the distant town of New Concord, Muskingum is a private not-for-profit college with a small student population.
Out-of-state tuition fees for graduate students at Muskingum are $10,350 per year.
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Bethel University - Mishawaka came in at #21 in this year’s edition of the Best Value Business, Management & Marketing Master’s Degree Schools in the Great Lakes Region ranking. Located in the small city of Mishawaka, Bethel University is a private not-for-profit school with a small student population.
The average tuition and fees for an out-of-state graduate students at Bethel University are $7,880 a year.
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With a ranking of #21, Viterbo University did quite well on this year’s best value schools for business, management and marketing students working on their master’s degree. Viterbo is a small private not-for-profit school located in the small city of La Crosse.
The average tuition and fees for an out-of-state graduate students at Viterbo are $9,488 a year.
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With a ranking of #23, Indiana Wesleyan University - National & Global did quite well on this year’s best value schools for business, management and marketing students working on their master’s degree. IWU is a large private not-for-profit school located in the rural area of Marion.
Out-of-state tuition fees for graduate students at IWU are $10,440 per year.
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Huntington University landed the #24 spot in the 2023 rankings for the best value master’s degree business, management and marketing programs. Huntington is a small private not-for-profit school located in the town of Huntington.
Out-of-state tuition fees for graduate students at Huntington are $11,856 per year.
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McKendree University came in at #25 in this year’s edition of the Best Value Business, Management & Marketing Master’s Degree Schools in the Great Lakes Region ranking. Located in the large suburb of Lebanon, McKendree is a private not-for-profit school with a small student population.
McKendree graduate students pay an average of $9,756 in tuition and fees each year.
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Honorable Mentions
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, Management & Marketing Master's Degree Schools in the Great Lakes Region award.
| Rank | College | Location |
|---|---|---|
| 27 | Valparaiso University | Valparaiso, IN |
| 27 | Concordia University, Wisconsin | Mequon, WI |
| 29 | Marian University | Fond Du Lac, WI |
| 29 | Capital University | Columbus, OH |
| 31 | Walsh College | Troy, MI |
| 32 | Aquinas College Michigan | Grand Rapids, MI |
| 33 | Mount Vernon Nazarene University | Mount Vernon, OH |
| 34 | Carroll University | Waukesha, WI |
Best Business, Management & Marketing Colleges by State
Explore the best business, management and marketing colleges for a specific state in the Great Lakes region.
| State | Degrees Awarded |
|---|---|
| Indiana | 18,882 |
| Michigan | 20,858 |
| Ohio | 25,288 |
| Illinois | 29,314 |
| Wisconsin | 13,275 |
More Business, Management & Marketing Rankings in the Great Lakes Region
Majors Related to Business, Management & Marketing
Business, Management & Marketing Majors to Study
| Major | Annual Graduates |
|---|---|
| Business Administration & Management | 416,590 |
| Accounting | 99,265 |
| Finance & Financial Management | 57,778 |
| General Business/Commerce | 56,042 |
| Marketing | 52,916 |
| Management Sciences & Quantitative Methods | 43,382 |
| Human Resource Management | 28,787 |
| Business Support & Assistant Services | 19,119 |
| Hospitality Management | 17,689 |
| Management Information Systems | 13,680 |
| Entrepreneurial Studies | 11,319 |
| International Business | 9,101 |
| Real Estate | 6,547 |
| General Sales & Marketing | 5,923 |
| Business/Managerial Economics | 5,667 |
| Specialized Sales, Merchandising & Marketing | 5,191 |
| Other Business, Management & Marketing | 4,822 |
| Construction Management | 3,846 |
| Insurance | 1,809 |
| Taxation | 1,547 |
| Business/Corporate Communications | 1,029 |
| Telecommunications Management | 55 |
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).
- Credit for the banner image above goes to Amit Savargaonkar.
More about our data sources and methodologies.
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