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2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid

132 Ranked Colleges
14,102 Degrees Awarded
$25,400 Avg Grad Tuition & Fees*
Best Value Business Administration Schools for a Master's in the Great Lakes Region For Those Getting Aid

With all of the options students have for higher education today, it can be tough to choose which direction to take. Our mission at College Factual is to arm you with as much information as we can to help you make that decision. Our “Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid” ranking is one tool we have developed to help in this regard.

With 343,202 degrees handed out in 2019-2020, general business administration and management is the 1st most popular major in the United States.

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 Getting Aid” ranking looked at 132 colleges that offer degrees in a bachelor’s in general business administration and management. The schools that top this list are recognized because they have great general business administration and management programs and 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. Check out our ranking methodology for more information.

One Size Does Not Fit All

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid” ranking, along with many other major-related rankings, to help you make that decision.

In addition to our rankings, you can take two colleges and compare them based on the criteria that matters most to you in our unique tool, College Combat. Test it out when you get a chance! You may also want to bookmark the link and share it with others who are trying to make the college decision.

Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid

The colleges and universities below are the best for great lakes region master’s degree business administration students with aid.

Top 25 Best Value Master’s Degree Colleges for General Business Administration and Management in the Great Lakes Region (With Aid)

#2 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 Getting Aid that were part of this year’s ranking, University of Michigan - Ann Arbor landed the #1 spot on the list. U-M is a large public school situated in Ann Arbor, Michigan. It awarded 749 masters’s business administration degrees in 2019-2020.

U-M also took the #2 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 Michigan - Ann Arbor are $49,548, but some majors have different tuition rates.

Full U-M General Business Administration and Management Report

#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 Getting Aid that were part of this year’s ranking, University of Illinois at Urbana-Champaign landed the #2 spot on the list. UIUC is a large public school situated in Champaign, Illinois. It awarded 695 masters’s business administration degrees 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. Average graduate tuition and fees at University of Illinois at Urbana-Champaign are $30,083, but you may pay more or less depending on your major.

Read full report on General Business Administration and Management at UIUC

#3

Franklin University

Columbus, Ohio

You’ll be in good company if you decide to attend Franklin University. It ranked #3 on our 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. Columbus, Ohio is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out masters’s business administration degrees to 330 students in 2019-2020.

Average graduate tuition and fees at Franklin University are $16,080, but some majors have different tuition rates.

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

#4

Purdue University - Main Campus

West Lafayette, Indiana
#8 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 Getting Aid that were part of this year’s ranking, Purdue University - Main Campus landed the #4 spot on the list. Located in West Lafayette, Indiana, this large public school handed out 152 diplomas to qualified masters’s business administration 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 are $28,794.

Read more about General Business Administration and Management at Purdue

Out of the 132 schools in the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid that were part of this year’s ranking, University of Wisconsin - Madison landed the #5 spot on the list. University of Wisconsin - Madison is a large school located in Madison, Wisconsin that handed out 3 masters’s business administration degrees in 2019-2020.

UW - Madison also made our “Best General Business Administration and Management Master’s Degree Schools in the Great Lakes Region” list, coming in at #0. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Wisconsin - Madison are $25,523.

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

#6

Michigan State University

East Lansing, Michigan
#6 in overall quality

Michigan State University 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 Getting Aid ranking. Michigan State 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.

Michigan State did well in our major quality rankings, too. It placed #6 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 Michigan State University are $37,056.

Full Michigan State University General Business Administration and Management Report

Top 25% in overall quality

University of Illinois at Chicago ranked #7 on this year’s Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. Chicago, Illinois is the setting for this large institution of higher learning. The public school handed out masters’s business administration degrees to 198 students in 2019-2020.

Average graduate tuition and fees at UIC are $27,036, but you may pay more or less depending on your major.

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

University of Wisconsin - La Crosse 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 Getting Aid ranking. This fairly large school is located in La Crosse, Wisconsin, and it awarded 1 masters’s business administration degrees in 2019-2020.

As a testament to the quality of education offered at UW - La Crosse, 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 UW - La Crosse are $20,038, but you may pay more or less depending on your major.

Full UW - La Crosse General Business Administration and Management Report

University of Wisconsin - Parkside landed the #9 spot on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. This small school is located in Kenosha, Wisconsin, and it awarded 95 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 - Parkside are $18,768.

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

#10

Purdue University Northwest

Hammond, Indiana

With a ranking of #10, Purdue University Northwest did quite well on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. Purdue Northwest is a medium-sized public school situated in Hammond, Indiana. It awarded 69 masters’s business administration degrees in 2019-2020.

Average graduate tuition and fees at Purdue University Northwest are $11,633, but some majors have different tuition rates.

Full Purdue Northwest General Business Administration and Management Report

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 Getting Aid ranking, coming in at #11. University of Wisconsin - Oshkosh is a public institution located in Oshkosh, Wisconsin. The school has a fairly large population, and it awarded 79 masters’s degrees in 2019-2020.

Average graduate tuition and fees at UW Oshkosh are $18,744, but some majors have different tuition rates.

Read full report on General Business Administration and Management at University of Wisconsin - Oshkosh

#12

University of Wisconsin - River Falls

River Falls, Wisconsin

With a ranking of #12, University of Wisconsin - River Falls did quite well on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. University of Wisconsin - River Falls is a public institution located in River Falls, Wisconsin. The school has a medium-sized population, and it awarded 32 masters’s degrees in 2019-2020.

Average graduate tuition and fees at University of Wisconsin - River Falls are $18,233, but some majors have different tuition rates.

Full UW - River Falls General Business Administration and Management Report

#13

University of Wisconsin - Eau Claire

Eau Claire, Wisconsin
#25 in overall quality

University of Wisconsin - Eau Claire did quite well in the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking, coming in at #13. University of Wisconsin - Eau Claire is a public institution located in Eau Claire, Wisconsin. The school has a fairly large population, and it awarded 75 masters’s degrees in 2019-2020.

As a testament to the quality of education offered at UW - Eau Claire, the school also landed the #25 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 - Eau Claire are $19,430, but you may pay more or less depending on your major.

Full UW - Eau Claire General Business Administration and Management Report

With a ranking of #14, University of Michigan - Dearborn did quite well on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. This medium-sized school is located in Dearborn, Michigan, and it awarded 70 masters’s business administration degrees in 2019-2020.

Average graduate tuition and fees at University of Michigan - Dearborn are $25,072, but some majors have different tuition rates.

Read more about General Business Administration and Management at UM Dearborn

#15

Northern Illinois University

Dekalb, Illinois

With a ranking of #15, Northern Illinois University did quite well on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. Northern Illinois University is a fairly large public school situated in Dekalb, Illinois. It awarded 146 masters’s business administration degrees in 2019-2020.

Average graduate tuition and fees at NIU are $11,086, but some majors have different tuition rates.

Full Northern Illinois University General Business Administration and Management Report

#7 in overall quality

Ohio State University - Main Campus ranked #16 on this year’s Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. This large school is located in Columbus, Ohio, and it awarded 262 masters’s business administration degrees in 2019-2020.

In addition to being on our great lakes region master’s degree business administration students with aid list, Ohio State has also earned the #7 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 Ohio State University - Main Campus are $37,141, but some majors have different tuition rates.

Read more about General Business Administration and Management at Ohio State University - Main Campus

#17

Northwestern University

Evanston, Illinois
#1 in overall quality

Northwestern University came in at #17 in this year’s edition of the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. This large school is located in Evanston, Illinois, and it awarded 306 masters’s business administration degrees in 2019-2020.

As a testament to the quality of education offered at Northwestern, the school also landed 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 are $56,567, but some majors have different tuition rates.

Full Northwestern University General Business Administration and Management Report

#18

University of Illinois at Springfield

Springfield, Illinois

With a ranking of #18, University of Illinois at Springfield did quite well on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. UIS is a public institution located in Springfield, Illinois. The school has a small population, and it awarded 35 masters’s degrees in 2019-2020.

Average graduate tuition and fees at UIS are $16,757, but some majors have different tuition rates.

Read more about General Business Administration and Management at UIS

#19

Indiana University - Southeast

New Albany, Indiana

Indiana University - Southeast came in at #19 in this year’s edition of the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. This small school is located in New Albany, Indiana, and it awarded 6 masters’s business administration degrees in 2019-2020.

As a testament to the quality of education offered at Indiana University - Southeast, 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. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Indiana University - Southeast are $18,275.

Full Indiana University - Southeast General Business Administration and Management Report

#20

University of Southern Indiana

Evansville, Indiana

University of Southern Indiana ranked #20 on this year’s Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. USI is a fairly large school located in Evansville, Indiana that handed out 405 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 USI are $20,039.

Full University of Southern Indiana General Business Administration and Management Report

#21

Governors State University

University Park, Illinois

Governors State University came in at #21 in this year’s edition of the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. Governors State University is a public institution located in University Park, Illinois. The school has a small population, and it awarded 23 masters’s degrees in 2019-2020.

Average graduate tuition and fees at Governors State University are $14,674, but some majors have different tuition rates.

Read more about General Business Administration and Management at Governors State University

#22

Oakland University

Rochester Hills, Michigan
Top 20% in overall quality

With a ranking of #22, Oakland University did quite well on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. Oakland University is a fairly large public school situated in Rochester Hills, Michigan. It awarded 106 masters’s business administration degrees in 2019-2020.

Oakland excels when it comes to business administration quality. It’s in the top 20% of all schools reviewed in that analysis. Average graduate tuition and fees at Oakland are $24,648, but some majors have different tuition rates.

Read full report on General Business Administration and Management at Oakland

#23

Ferris State University

Big Rapids, Michigan

Ferris State University did quite well in the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking, coming in at #23. Ferris State University is a public institution located in Big Rapids, Michigan. The school has a fairly large population, and it awarded 23 masters’s degrees in 2019-2020.

Average graduate tuition and fees at Ferris are $7,908, but some majors have different tuition rates.

Read more about General Business Administration and Management at Ferris State University

#24

Central Michigan University

Mount Pleasant, Michigan
#13 in overall quality

Central Michigan University landed the #24 spot on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. Located in Mount Pleasant, Michigan, this fairly large public school handed out 326 diplomas to qualified masters’s business administration students 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. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Central Michigan are $19,359.

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

#25

University of Notre Dame

Notre Dame, Indiana
#3 in overall quality

University of Notre Dame came in at #25 in this year’s edition of the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. 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.

Notre Dame not only placed well in this ranking. It is also #3 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 University of Notre Dame are $57,522.

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

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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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