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2022 Best Value Master’s Degree Colleges for General Business Administration and Management (Income $0-$30k) in the Great Lakes Region

132 Ranked Colleges
14,102 Degrees Awarded
$27,100 Avg Grad Tuition & Fees*
Best Value Business Administration Schools for a Master's in the Great Lakes Region For Those Making $0-$30k

Students have lots of options to chooose from today when trying to decide which college to attend. College Factual has developed its “Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k” ranking as one item you can use to help make this decision.

In 2019-2020, 343,202 general business administration and management students received their degree, making the major the 1st most popular in the country.

Across the Great Lakes region, there were 39,088 general business administration and management graduates with average earnings and debt of $0 and $0 respectively. At the master’s degree level specifically, there were 14,102 general business administration and management graduates with average earnings and debt of $57,039 and $42,488 respectively.

This year’s “Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k” ranking analyzed 132 colleges that offered a degree in general business administration and management. Not only do the schools that top this list have excellent general business administration and management programs, but they also cost less that schools of similar quality.

To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the general business administration and management program at the school. For more information, check out our ranking methodology.

One Size Does Not Fit All

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k” list, to help you choose the best school for you.

In addition to College Factual’s rankings, you may want to take a look at College Combat, our unique tool that lets you pit your favorite schools head-to-head and compare how they rate on factors that most interest you. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k

The colleges and universities below are the best for great lakes region master’s degree business administration students whose families make $0-$30k.

Top 25 Best Value Master’s Degree Colleges for General Business Administration and Management (Income $0-$30k) in the Great Lakes Region

#1

Northwestern University

Evanston, Illinois
#1 in overall quality

You’ll join some of the best and brightest minds around if you attend Northwestern University. The school came in at #1 for the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k. Northwestern University is a large private not-for-profit school situated in Evanston, Illinois. It awarded 306 masters’s business administration degrees in 2019-2020.

Northwestern also took the #1 spot in our “Best General Business Administration and Management Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Northwestern University are $56,567, but you may pay more or less depending on your major.

Full Northwestern University General Business Administration and Management Report

#2

University of Chicago

Chicago, Illinois
#5 in overall quality

Out of the 132 schools in the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k that were part of this year’s ranking, University of Chicago landed the #2 spot on the list. This fairly large school is located in Chicago, Illinois, and it awarded 228 masters’s business administration degrees in 2019-2020.

UChicago also took the #5 spot in our “Best General Business Administration and Management Master’s Degree Schools in the Great Lakes Region” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UChicago are $61,548.

Full UChicago General Business Administration and Management Report

#2 in overall quality

You’ll be in good company if you decide to attend University of Michigan - Ann Arbor. It ranked #3 on our 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k list. This large school is located in Ann Arbor, Michigan, and it awarded 749 masters’s business administration degrees in 2019-2020.

In addition to being on our great lakes region master’s degree business administration students whose families make $0-$30k list, U-M has also earned the #2 rank in our “Best General Business Administration and Management Master’s Degree Schools in the Great Lakes Region” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at U-M are $49,548.

Read more about General Business Administration and Management at University of Michigan - Ann Arbor

#4 in overall quality

Out of the 132 schools in the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the #4 spot on the list. Champaign, Illinois is the setting for this large institution of higher learning. The public school handed out masters’s business administration degrees to 695 students in 2019-2020.

As a testament to the quality of education offered at UIUC, the school also landed the #4 spot in our “Best General Business Administration and Management Master’s Degree Schools in the Great Lakes Region” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UIUC are $30,083.

Read more about General Business Administration and Management at UIUC

#5

University of Notre Dame

Notre Dame, Indiana
#3 in overall quality

You’ll be in good company if you decide to attend University of Notre Dame. It ranked #5 on our 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k list. University of Notre Dame is a fairly large private not-for-profit school situated in Notre Dame, Indiana. It awarded 239 masters’s business administration degrees in 2019-2020.

In addition to being on our great lakes region master’s degree business administration students whose families make $0-$30k list, Notre Dame has also earned the #3 rank in our “Best General Business Administration and Management Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at University of Notre Dame are $57,522, but some majors have different tuition rates.

Read full report on General Business Administration and Management at University of Notre Dame

University of Wisconsin - Madison came in at #6 in this year’s edition of the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking. University of Wisconsin - Madison is located in Madison, Wisconsin and, has a large student population. In 2019-2020, this school awarded 3 masters’s business administration degrees to qualified students.

As a testament to the quality of education offered at UW - Madison, the school also landed the #0 spot in our “Best General Business Administration and Management Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at University of Wisconsin - Madison are $25,523, but some majors have different tuition rates.

Full University of Wisconsin - Madison General Business Administration and Management Report

#7

Michigan State University

East Lansing, Michigan
#6 in overall quality

Michigan State University did quite well in the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #7. Michigan State University is a public institution located in East Lansing, Michigan. The school has a large population, and it awarded 75 masters’s degrees in 2019-2020.

In addition to being on our great lakes region master’s degree business administration students whose families make $0-$30k list, Michigan State has also earned the #6 rank in our “Best General Business Administration and Management Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Michigan State University are $37,056, but you may pay more or less depending on your major.

Read full report on General Business Administration and Management at Michigan State University

#8

Purdue University - Main Campus

West Lafayette, Indiana
#8 in overall quality

Purdue University - Main Campus came in at #8 in this year’s edition of the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking. West Lafayette, Indiana is the setting for this large institution of higher learning. The public school handed out masters’s business administration degrees to 152 students in 2019-2020.

Purdue not only placed well in this ranking. It is also #8 on our “Best General Business Administration and Management Master’s Degree Schools in the Great Lakes Region” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Purdue University - Main Campus are $28,794.

Full Purdue General Business Administration and Management Report

#7 in overall quality

Ohio State University - Main Campus ranked #9 on this year’s Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k list. Ohio State is a public institution located in Columbus, Ohio. The school has a large population, and it awarded 262 masters’s degrees in 2019-2020.

As a testament to the quality of education offered at Ohio State, the school also landed the #7 spot in our “Best General Business Administration and Management Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Ohio State are $37,141, but some majors have different tuition rates.

Full Ohio State University - Main Campus General Business Administration and Management Report

With a ranking of #10, Michigan Technological University did quite well on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k list. This medium-sized school is located in Houghton, Michigan, and it awarded 24 masters’s business administration degrees in 2019-2020.

Average graduate tuition and fees at Michigan Technological University are $21,996, but you may pay more or less depending on your major.

Read full report on General Business Administration and Management at Michigan Tech

#11

Franklin University

Columbus, Ohio

Franklin University ranked #11 on this year’s Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k list. Located in Columbus, Ohio, this medium-sized private not-for-profit school handed out 330 diplomas to qualified masters’s business administration students in 2019-2020.

Average graduate tuition and fees at Franklin University are $16,080, but you may pay more or less depending on your major.

Read more about General Business Administration and Management at Franklin University

#12

University of Wisconsin - La Crosse

La Crosse, Wisconsin

University of Wisconsin - La Crosse came in at #12 in this year’s edition of the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking. This fairly large school is located in La Crosse, Wisconsin, and it awarded 1 masters’s business administration degrees in 2019-2020.

In addition to being on our great lakes region master’s degree business administration students whose families make $0-$30k list, UW - La Crosse has also earned the #0 rank in our “Best General Business Administration and Management Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at University of Wisconsin - La Crosse are $20,038, but you may pay more or less depending on your major.

Read full report on General Business Administration and Management at UW - La Crosse

#13

University of Wisconsin - River Falls

River Falls, Wisconsin

University of Wisconsin - River Falls ranked #13 on this year’s Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k list. University of Wisconsin - River Falls is a medium-sized public school situated in River Falls, Wisconsin. It awarded 32 masters’s business administration degrees in 2019-2020.

Average graduate tuition and fees at UW - River Falls are $18,233, but you may pay more or less depending on your major.

Read more about General Business Administration and Management at University of Wisconsin - River Falls

#14

Purdue University Northwest

Hammond, Indiana

Purdue University Northwest landed the #14 spot on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking. Purdue University Northwest is a medium-sized public school situated in Hammond, Indiana. It awarded 69 masters’s business administration degrees in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at Purdue University Northwest are $11,633.

Read full report on General Business Administration and Management at Purdue Northwest

University of Wisconsin - Parkside ranked #15 on this year’s Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k list. UW - Parkside is a small school located in Kenosha, Wisconsin that handed out 95 masters’s business administration degrees in 2019-2020.

Average graduate tuition and fees at UW - Parkside are $18,768, but some majors have different tuition rates.

Full University of Wisconsin - Parkside General Business Administration and Management Report

#16

University of Wisconsin - Eau Claire

Eau Claire, Wisconsin
#25 in overall quality

University of Wisconsin - Eau Claire came in at #16 in this year’s edition of the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking. This fairly large school is located in Eau Claire, Wisconsin, and it awarded 75 masters’s business administration degrees in 2019-2020.

UW - Eau Claire also made our “Best General Business Administration and Management Master’s Degree Schools in the Great Lakes Region” list, coming in at #25. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Wisconsin - Eau Claire are $19,430.

Full University of Wisconsin - Eau Claire General Business Administration and Management Report

#17

University of Southern Indiana

Evansville, Indiana

University of Southern Indiana did quite well in the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #17. USI is a fairly large public school situated in Evansville, Indiana. It awarded 405 masters’s business administration degrees in 2019-2020.

Average graduate tuition and fees at University of Southern Indiana are $20,039, but some majors have different tuition rates.

Read more about General Business Administration and Management at USI

#18

Ferris State University

Big Rapids, Michigan

With a ranking of #18, Ferris State University did quite well on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k list. Ferris is a fairly large school located in Big Rapids, Michigan that handed out 23 masters’s business administration degrees in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at Ferris are $7,908.

Read more about General Business Administration and Management at Ferris

#19

Oakland University

Rochester Hills, Michigan
Top 20% in overall quality

Oakland University did quite well in the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #19. Rochester Hills, Michigan is the setting for this fairly large institution of higher learning. The public school handed out masters’s business administration degrees to 106 students in 2019-2020.

Oakland excels when it comes to business administration quality. It’s in the top 20% of all schools in this category. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Oakland are $24,648.

Read full report on General Business Administration and Management at Oakland University

Top 25% in overall quality

University of Illinois at Chicago landed the #20 spot on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking. University of Illinois at Chicago is a large school located in Chicago, Illinois that handed out 198 masters’s business administration degrees in 2019-2020.

Average graduate tuition and fees at University of Illinois at Chicago are $27,036, but some majors have different tuition rates.

Read full report on General Business Administration and Management at University of Illinois at Chicago

Southern Illinois University Edwardsville landed the #21 spot on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking. SIUE is a public institution located in Edwardsville, Illinois. The school has a fairly large population, and it awarded 80 masters’s degrees in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at Southern Illinois University Edwardsville are $9,300.

Read more about General Business Administration and Management at SIUE

University of Wisconsin - Oshkosh did quite well in the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking, coming in at #22. University of Wisconsin - Oshkosh is a fairly large school located in Oshkosh, Wisconsin that handed out 79 masters’s business administration degrees in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at UW Oshkosh are $18,744.

Read more about General Business Administration and Management at University of Wisconsin - Oshkosh

#23

Northern Illinois University

Dekalb, Illinois

Northern Illinois University ranked #23 on this year’s Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k list. NIU is a fairly large public school situated in Dekalb, Illinois. It awarded 146 masters’s business administration degrees in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at Northern Illinois University are $11,086.

Read full report on General Business Administration and Management at NIU

University of Michigan - Dearborn came in at #24 in this year’s edition of the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k ranking. Dearborn, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out masters’s business administration degrees to 70 students in 2019-2020.

Average graduate tuition and fees at UM Dearborn are $25,072, but you may pay more or less depending on your major.

Read more about General Business Administration and Management at UM Dearborn

#25

Central Michigan University

Mount Pleasant, Michigan
#13 in overall quality

With a ranking of #25, Central Michigan University did quite well on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $0-$30k list. Central Michigan is a fairly large public school situated in Mount Pleasant, Michigan. It awarded 326 masters’s business administration degrees in 2019-2020.

Central Michigan did well in our major quality rankings, too. It placed #13 on our “Best General Business Administration and Management Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Central Michigan are $19,359, but you may pay more or less depending on your major.

Read more about General Business Administration and Management at Central Michigan University

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Notes and References

References

  • 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 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).
  • Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.

Read more about our data sources and methodologies

Footnotes

  • *Average salary, average net price, and average tuition and fees are for the top schools only.
  • Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.

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