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Best Value Theological & Ministerial Studies Master's Degree Schools

2023 Best Value Theological & Ministerial Studies Master's Degree Schools

Highlighting Quality Schools With More Affordable Pricing

132 Colleges
$9,535 Avg Tuition & Fees*
$45,172 Avg Salary

Finding the Best Theological & Ministerial Studies Master's Degree School for You

In 2020-2021, 15,832 people earned a degree or certificate in theological and ministerial studies, making the major the #62 most popular in the United States.

Today's students have lots of options to pick from when considering higher education opportunities. Along with traditional schools that require in-person attendence, you can attend one of many reputable online schools. Some programs even offer a hybrid experience. Alternatively, you may choose a trade school that prepares you to enter the workforce with knowledge in a specific field.

Along with in-depth profiles of schools and the programs they offer, Course Advisor has created the Best Value Theological & Ministerial Studies Master's Degree Schools to help you in your search for the best school for you. Our analysis looked at 132 schools in the United States to see which master's degree programs offered the best value experiences for theology students with the aim of identifying those quality schools that are more affordable than some of their counterparts.

When determining this ranking, we place a high emphasis on the school's quality as well as its sticker price. Even though a college may be affordable, it may not offer value. 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.

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

Top 15% Best Theological & Ministerial Studies Master's Degree Schools

Our analysis found Midwestern Baptist Theological Seminary to be the best value school for theological and ministerial studies students who want to pursue a master’s degree in the United States. MBTS is a small private not-for-profit school located in the city of Kansas City.

The average tuition and fees for an out-of-state graduate students at MBTS are $6,950 a year.

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You’ll be in good company if you decide to attend The Master’s University and Seminary. It ranked #2 on our 2023 Best Value Theological & Ministerial Studies Master’s Degree Schools list. The Master's University is a small private not-for-profit school located in the suburb of Santa Clarita.

The average tuition and fees for an out-of-state graduate students at The Master’s University are $8,580 a year.

In addition to its great value ranking, The Master’s University is in the top 10% of all schools on our Best Theological & Ministerial Studies Master’s Degree Schools list.

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You’ll join some of the best and brightest minds around you if you attend The Baptist College of Florida. The school came in at #3 on this year’s Best Value Theological & Ministerial Studies Master’s Degree Schools list. Located in the town of Graceville, BCF is a private not-for-profit college with a fairly small student population.

The average tuition and fees for an out-of-state graduate students at BCF are $4,860 a year.

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#4

Ohio Christian University

Circleville, OH

A rank of #4 on this year’s list means Ohio Christian University is a great value for theological and ministerial studies students working on their master’s degree. Located in the distant town of Circleville, OCU 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 OCU are $10,916 a year.

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You’ll join some of the best and brightest minds around you if you attend Kentucky Christian University. The school came in at #5 on this year’s Best Value Theological & Ministerial Studies Master’s Degree Schools list. Kentucky Christian University is a fairly small private not-for-profit school located in the town of Grayson.

The average tuition and fees for an out-of-state graduate students at Kentucky Christian University are $5,200 a year.

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Lincoln Christian University landed the #6 spot in the 2023 rankings for the best value master’s degree theological and ministerial studies programs. Located in the town of Lincoln, Lincoln Christian College and Seminary is a private not-for-profit school with a small student population.

Lincoln Christian College and Seminary graduate students pay an average of $8,812 in tuition and fees each year.

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Saint Paul School of Theology ranked #7 on this year’s Best Value Theological & Ministerial Studies Master’s Degree Schools list. Saint Paul School of Theology is a fairly small private not-for-profit school located in the suburb of Leawood.

Out-of-state tuition fees for graduate students at Saint Paul School of Theology are $12,666 per year.

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#8

Olivet Nazarene University

Bourbonnais, IL

Olivet Nazarene University landed the #8 spot in the 2023 rankings for the best value master’s degree theological and ministerial studies programs. Olivet Nazarene is a small private not-for-profit school located in the small suburb of Bourbonnais.

Olivet Nazarene graduate students pay an average of $12,190 in tuition and fees each year.

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Luther Rice College & Seminary ranked #9 on this year’s Best Value Theological & Ministerial Studies Master’s Degree Schools list. Located in the large suburb of Lithonia, Luther Rice is a private not-for-profit college with a fairly small student population.

Out-of-state tuition fees for graduate students at Luther Rice are $6,618 per year.

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#10

Grand Canyon University

Phoenix, AZ

Grand Canyon University landed the #10 spot in the 2023 rankings for the best value master’s degree theological and ministerial studies programs. Located in the city of Phoenix, Grand Canyon University is a private for-profit college with a fairly large student population.

Grand Canyon University graduate students pay an average of $11,538 in tuition and fees each year.

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#11

Moody Bible Institute

Chicago, IL

With a ranking of #11, Moody Bible Institute did quite well on this year’s best value schools for theological and ministerial studies students working on their master’s degree. Located in the city of Chicago, Moody Theological Seminary and Graduate School 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 Moody Theological Seminary and Graduate School are $9,270 a year.

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Wartburg Theological Seminary came in at #12 in this year’s edition of the Best Value Theological & Ministerial Studies Master’s Degree Schools ranking. Wartburg Seminary is a fairly small private not-for-profit school located in the city of Dubuque.

Out-of-state tuition fees for graduate students at Wartburg Seminary are $19,739 per year.

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#13

Southeastern University

Lakeland, FL

Southeastern University came in at #13 in this year’s edition of the Best Value Theological & Ministerial Studies Master’s Degree Schools ranking. SEU is a moderately-sized private not-for-profit school located in the midsize city of Lakeland.

Out-of-state tuition fees for graduate students at SEU are $12,350 per year.

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#14

Clarks Summit University

South Abington Township, PA

Clarks Summit University landed the #14 spot in the 2023 rankings for the best value master’s degree theological and ministerial studies programs. Located in the large suburb of South Abington Township, CSU 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 CSU are $7,020 a year.

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Faith International University landed the #15 spot in the 2023 rankings for the best value master’s degree theological and ministerial studies programs. Faith is a small private not-for-profit school located in the midsize city of Tacoma.

Faith graduate students pay an average of $8,450 in tuition and fees each year.

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#15

Crown College

Saint Bonifacius, MN

Crown College landed the #15 spot in the 2023 rankings for the best value master’s degree theological and ministerial studies programs. Crown is a small private not-for-profit school located in the rural area of Saint Bonifacius.

The average tuition and fees for an out-of-state graduate students at Crown are $10,640 a year.

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#17

Ashland University

Ashland, OH

Ashland University ranked #17 on this year’s Best Value Theological & Ministerial Studies Master’s Degree Schools 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.

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SUM Bible College and Theological Seminary did quite well in this year’s ranking of the best places for theological and ministerial studies students to get a master’s degree. It came in at #18 on the list. School of Urban Missions is a fairly small private not-for-profit school located in the rural area of El Dorado Hills.

Out-of-state tuition fees for graduate students at School of Urban Missions are $6,850 per year.

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Grace College and Theological Seminary landed the #19 spot in the 2023 rankings for the best value master’s degree theological and ministerial studies programs. Located in the 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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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 Theological & Ministerial Studies Master's Degree Schools award.

Rank College Location
20 Truett McConnell University Cleveland, GA
21 Freed-Hardeman University Henderson, TN
22 Piedmont International University Winston-Salem, NC
23 Johnson University Knoxville, TN
24 Harding University Searcy, AR
25 Nazarene Theological Seminary Kansas City, MO
26 Luther Seminary Saint Paul, MN

Theological & Ministerial Studies by Region

View the Best Value Theological & Ministerial Studies 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 7 majors within the area of study, theological and ministerial studies has other similar majors worth exploring.

Related Major Annual Graduates
Biblical Studies 4,119
Pastoral Counseling & Specialized Ministries 3,116
Religious Education 1,417
Missionary Studies 1,220
Theology & Religious Vocations (Other) 1,166

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 Jonund.

More about our data sources and methodologies.

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