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Best Value Business, Management & Marketing Master's Degree Schools in the Great Lakes Region

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2023 Best Value Business, Management & Marketing Master's Degree Schools in the Great Lakes Region

Highlighting Quality Schools With More Affordable Pricing

174 Colleges
$9,318 Avg Tuition & Fees*
$66,712 Avg Salary

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.

2023 Best Value Business, Management & Marketing Master’s Degree Schools in the Great Lakes Region

The colleges and universities below are the best value schools for business, management and marketing majors pursuing a master's degree.

Top 25 Best Great Lakes Region Schools for Affordable Quality for a Master's in Business, Management & Marketing

Our 2023 rankings named Rasmussen University - Illinois the best value school in the Great Lakes Region for business, management and marketing students working on their master’s degree. Located in the medium-sized city of Rockford, Rasmussen University - Illinois is a private for-profit school 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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#2

Ashland University

Ashland, OH

You’ll join some of the best and brightest minds around you if you attend Ashland University. The school came in at #2 on this year’s Best Value Business, Management & Marketing Master’s Degree Schools in the Great Lakes Region list. Ashland is a small private not-for-profit school located in the town of Ashland.

The average tuition and fees for an out-of-state graduate students at Ashland are $6,972 a year.

Full Business, Management & Marketing at Ashland University Report

#3

Wittenberg University

Springfield, OH

You’ll be in good company if you decide to attend Wittenberg University. It ranked #3 on our 2023 Best Value Business, Management & Marketing Master’s Degree Schools in the Great Lakes Region list. Located in the city of Springfield, Wittenberg 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 Wittenberg are $8,352 a year.

Full Business, Management & Marketing at Wittenberg University Report

#4

Calvin University

Grand Rapids, MI

The excellent master’s degree programs at Calvin University helped the school earn the #4 place on this year’s ranking of the best value business, management and marketing schools in the Great Lakes Region . Located in the city of Grand Rapids, Calvin is a private not-for-profit college with a small student population.

Out-of-state tuition fees for graduate students at Calvin are $11,880 per year.

Read full report on Business, Management & Marketing at Calvin University

#5

Ferris State University

Big Rapids, MI

You’ll be in good company if you decide to attend Ferris State University. It ranked #5 on our 2023 Best Value Business, Management & Marketing Master’s Degree Schools in the Great Lakes Region list. Located in the town of Big Rapids, Ferris is a public college with a large student population.

Ferris graduate students pay an average of $8,232 in tuition and fees each year.

Full Business, Management & Marketing at Ferris State University Report

Trine University-Regional/Non-Traditional Campuses came in at #6 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 city of Fort Wayne, Trine is a private not-for-profit school with a small student population.

Out-of-state tuition fees for graduate students at Trine are $10,350 per year.

On top of its placing in our value ranking, Trine also did well on our Best Business, Management & Marketing Master’s Degree Schools in the Great Lakes Region list. It’s in the top 15% of all schools reviewed in this analysis.

Read full report on Business, Management & Marketing at Trine University-Regional/Non-Traditional Campuses

#7

Youngstown State University

Youngstown, OH

Youngstown State University ranked #7 on this year’s Best Value Business, Management & Marketing Master’s Degree Schools in the Great Lakes Region list. Youngstown State University is a large public school located in the small city of Youngstown.

Youngstown State University graduate students pay an average of $6,931 in tuition and fees each year.

Full Business, Management & Marketing at Youngstown State University Report

#8

Kettering University

Flint, MI

Kettering University ranked #8 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 Flint, Kettering is a private not-for-profit college with a small student population.

Kettering graduate students pay an average of $15,128 in tuition and fees each 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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Southern Illinois University Edwardsville 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 #10 on the list. Located in the large suburb of Edwardsville, SIUE is a public school with a large student population.

The average tuition and fees for an out-of-state graduate students at SIUE are $9,316 a year.

Read full report on Business, Management & Marketing at Southern Illinois University Edwardsville

Illinois State 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 #11 on the list. Located in the 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.

Illinois State also claimed a spot on our Best Business, Management & Marketing Master’s Degree Schools in the Great Lakes Region list. It’s in the top 20% of all schools in this category.

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#12

Butler University

Indianapolis, IN

Butler University landed the #12 spot in the 2023 rankings for the best value master’s degree business, management and marketing programs. 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.

Read full report on Business, Management & Marketing at Butler University

Northern Illinois University came in at #13 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 suburb of Dekalb, NIU is a public school with a fairly large student population.

The average tuition and fees for an out-of-state graduate students at NIU are $11,390 a year.

Read full report on Business, Management & Marketing at Northern Illinois University

#14

Spring Arbor University

Spring Arbor, MI

Spring Arbor University ranked #14 on this year’s Best Value Business, Management & Marketing Master’s Degree Schools in the Great Lakes Region list. Spring Arbor is a small private not-for-profit school located in the suburb of Spring Arbor.

Out-of-state tuition fees for graduate students at Spring Arbor are $8,383 per year.

Read full report on Business, Management & Marketing at Spring Arbor University

#14

Xavier University

Cincinnati, OH

Xavier 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 #14 on the list. Located in the city of Cincinnati, Xavier is a private not-for-profit college with a medium-sized student population.

The average tuition and fees for an out-of-state graduate students at Xavier are $12,076 a year.

Read full report on Business, Management & Marketing at Xavier University

With a ranking of #16, Grace College and Theological Seminary 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 town of Winona Lake, Grace College is a private not-for-profit college with a small student population.

Grace College graduate students pay an average of $8,054 in tuition and fees each year.

Full Business, Management & Marketing at Grace College and Theological Seminary Report

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 large suburb of Berea, Baldwin Wallace College 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 Baldwin Wallace College are $11,363 a year.

Full Business, Management & Marketing at Baldwin Wallace University Report

#18

Cedarville University

Cedarville, OH

With a ranking of #18, Cedarville University did quite well on this year’s best value schools for business, management and marketing students working on their master’s degree. Cedarville is a small private not-for-profit school located in the town of Cedarville.

Cedarville graduate students pay an average of $9,864 in tuition and fees each year.

Read full report on Business, Management & Marketing at Cedarville University

#18

Saint Norbert College

De Pere, WI

Saint Norbert College ranked #18 on this year’s Best Value Business, Management & Marketing Master’s Degree Schools in the Great Lakes Region list. SNC is a small private not-for-profit school located in the medium-sized suburb of De Pere.

SNC graduate students pay an average of $11,363 in tuition and fees each year.

Full Business, Management & Marketing at Saint Norbert College Report

#20

Muskingum University

New Concord, OH

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 town of New Concord, Muskingum 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 Muskingum are $10,350 a year.

Full Business, Management & Marketing at Muskingum University Report

Bethel University - Mishawaka 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 #21 on the list. Located in the city of Mishawaka, Bethel University is a private not-for-profit school with a small student population.

Bethel University graduate students pay an average of $7,880 in tuition and fees each year.

Full Business, Management & Marketing at Bethel University - Mishawaka Report

#21

Viterbo University

La Crosse, WI

Viterbo University landed the #21 spot in the 2023 rankings for the best value master’s degree business, management and marketing programs. Viterbo is a small private not-for-profit school located in the small city of La Crosse.

Out-of-state tuition fees for graduate students at Viterbo are $9,488 per year.

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Indiana Wesleyan University - National & Global 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 #23 on the list. IWU is a fairly large private not-for-profit school located in the rural area of Marion.

IWU graduate students pay an average of $10,440 in tuition and fees each year.

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#24

Huntington University

Huntington, IN

Huntington University came in at #24 in this year’s edition of the Best Value Business, Management & Marketing Master’s Degree Schools in the Great Lakes Region ranking. Huntington is a small private not-for-profit school located in the distant town of Huntington.

Out-of-state tuition fees for graduate students at Huntington are $11,856 per year.

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#25

McKendree University

Lebanon, IL

McKendree 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 #25 on the list. Located in the large suburb of Lebanon, McKendree 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 McKendree are $9,756 a year.

Read More…

Rest of the Top Best Value Business, Management & Marketing Master's Degree Schools in the Great Lakes Region

#26

Oakland City University

Oakland City, IN

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 schools 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

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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