2022 Best Value Bachelor’s Degree Colleges for Business Administration & Management (Income $30-$48k) in Michigan
When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual has developed its “Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $30-$48k” ranking as one item you can use to help make this decision.
Business Administration & Management is one of the most popular majors in the nation, ranking 2nd of all the majors we analyze. In 2019-2020, 404,734 degrees were awarded to students with this major. In 2017-2018, business administration and management graduates who were awarded their degree in 2015-2017, earned an average of $46,740 and had an average of $29,113 in loans still to pay off.
Across Michigan, there were 10,104 business administration and management graduates with average earnings and debt of $52,110 and $27,480 respectively. At the bachelor’s degree level specifically, there were 4,312 business administration and management graduates with average earnings and debt of $40,161 and $25,915 respectively.
For this year’s “Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $30-$48k” ranking, we looked at 35 colleges that offer a degree in business administration and management. This ranking identifies schools with high-quality business administration and management programs that also have a lower cost than 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 business administration and management program at the school. For more information, check out our ranking methodology.
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When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $30-$48k” list to help you make the college decision.
To further help you make the college decision, we’ve developed a unique tool called College Combat that allows you to compare schools based on the factors that matter the most to you. 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 Bachelor’s in Michigan For Those Making $30-$48k
The following schools top our list of the Best Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $30-$48k.
Top 25 Best Value Bachelor’s Degree Colleges for Business Administration & Management (Income $30-$48k) in Michigan
Out of the 35 schools in the Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $30-$48k that were part of this year’s ranking, University of Michigan - Ann Arbor landed the #1 spot on the list. U-M is a public institution located in Ann Arbor, Michigan. The school has a large population, and it awarded 596 bachelors’s degrees in 2019-2020.
U-M also made our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” list, coming in at #1. The yearly cost to attend U-M is $5,887 for michigan bachelor’s degree business administration students whose families make $30-$48k.
The school has an impressive student loan default rate. It’s only 1.2%, which is much lower than the national rate of 10.1%. With a freshman retention rate of 96%, the school does an excellent job of retaining its students.
Read full report on Business Administration & Management at University of Michigan - Ann Arbor
Out of the 35 schools in the Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $30-$48k that were part of this year’s ranking, Michigan Technological University landed the #2 spot on the list. Located in Houghton, Michigan, this medium-sized public school handed out 22 degrees to qualified bachelors’s business administration students in 2019-2020.
Michigan Tech did well in our major quality rankings, too. It placed #7 on our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” list. The estimated yearly cost for Michigan Tech is $9,049 for michigan bachelor’s degree business administration students whose families make $30-$48k.
With a freshman retention rate of 86%, the school does an excellent job of retaining its students. The low student loan default rate of 2.3% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Read full report on Business Administration & Management at Michigan Tech
You’ll be in good company if you decide to attend Oakland University. It ranked #3 on our 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $30-$48k list. Located in Rochester Hills, Michigan, this fairly large public school awarded 62 degrees to qualified bachelors’s business administration students in 2019-2020.
In addition to being on our michigan bachelor’s degree business administration students whose families make $30-$48k list, Oakland has also earned the #12 rank in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. It costs about $7,751 for michigan bachelor’s degree business administration students whose families make $30-$48k per year to attend Oakland University.
Full Oakland University Business Administration & Management Report
Out of the 35 schools in the Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $30-$48k that were part of this year’s ranking, Michigan State University landed the #4 spot on the list. Located in East Lansing, Michigan, this large public school awarded 505 degrees to qualified bachelors’s business administration students in 2019-2020.
Michigan State did well in our major quality rankings, too. It placed #2 on our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” list. The estimated yearly cost for Michigan State is $15,197 for Michigan Bachelor’s Degree Business Administration students whose families make $30-$48k.
The student loan default rate at the school is 3.6%, which is quite low when compared to the national default rate of 10.1%. The school has an excellent freshman retention rate of 91%, which means students like the school well enough to return for a second year.
Read more about Business Administration & Management at Michigan State University
Out of the 35 schools in the Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $30-$48k that were part of this year’s ranking, Grand Valley State University landed the #5 spot on the list. Located in Allendale, Michigan, this large public school awarded 103 degrees to qualified bachelors’s business administration students in 2019-2020.
As a testament to the quality of education offered at GVSU, the school also landed the #8 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend GVSU is $12,459 for michigan bachelor’s degree business administration students whose families make $30-$48k.
The student loan default rate at the school is 3.7%, which is quite low when compared to the national default rate of 10.1%.
Full Grand Valley State University Business Administration & Management Report
Ferris State University ranked #6 on this year’s Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $30-$48k list. Ferris is a public institution located in Big Rapids, Michigan. The school has a fairly large population, and it awarded 257 bachelors’s degrees in 2019-2020.
Ferris also took the #13 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Ferris is $10,521 for michigan bachelor’s degree business administration students whose families make $30-$48k.
Read full report on Business Administration & Management at Ferris
With a ranking of #7, Central Michigan University did quite well on the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $30-$48k list. Located in Mount Pleasant, Michigan, this fairly large public school handed out 354 degrees to qualified bachelors’s business administration students in 2019-2020.
As a testament to the quality of education offered at Central Michigan, the school also landed the #10 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. It costs about $12,127 for michigan bachelor’s degree business administration students whose families make $30-$48k per year to attend Central Michigan.
Read full report on Business Administration & Management at Central Michigan University
University of Michigan - Dearborn landed the #8 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $30-$48k ranking. UM Dearborn is a medium-sized school located in Dearborn, Michigan that handed out 26 bachelors’s business administration degrees in 2019-2020.
UM Dearborn also made our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” list, coming in at #16. The estimated yearly cost for UM Dearborn is $8,057 for michigan bachelor’s degree business administration students whose families make $30-$48k.
The low student loan default rate of 4.5% is a good sign that students have an easier time paying off their loans than they might at other schools. For comparison, the national default rate is 10.1%.
Read more about Business Administration & Management at UM Dearborn
With a ranking of #9, University of Michigan - Flint did quite well on the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $30-$48k list. Located in Flint, Michigan, this medium-sized public school handed out 78 degrees to qualified bachelors’s business administration students in 2019-2020.
The estimated yearly cost for University of Michigan - Flint is $9,512 for michigan bachelor’s degree business administration students whose families make $30-$48k.
Read more about Business Administration & Management at University of Michigan - Flint
With a ranking of #10, Cleary University did quite well on the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $30-$48k list. Cleary College is a small private not-for-profit school situated in Howell, Michigan. It awarded 78 bachelors’s business administration degrees in 2019-2020.
Cleary College also made our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” list, coming in at #9. It costs about $12,480 for Michigan Bachelor’s Degree Business Administration students whose families make $30-$48k per year to attend Cleary College.
Read full report on Business Administration & Management at Cleary University
With a ranking of #11, Lake Superior State University did quite well on the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $30-$48k list. Located in Sault Ste Marie, Michigan, this small public school handed out 19 diplomas to qualified bachelors’s business administration students in 2019-2020.
The estimated yearly cost for Lake Superior State University is $9,640 for Michigan Bachelor’s Degree Business Administration students whose families make $30-$48k.
Read full report on Business Administration & Management at Lake Superior State University
Saginaw Valley State University landed the #12 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $30-$48k ranking. Saginaw Valley State University is a medium-sized school located in University Center, Michigan that handed out 93 bachelors’s business administration degrees in 2019-2020.
Saginaw Valley State University not only placed well in this ranking. It is also #21 on our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” list. It costs about $11,734 for Michigan Bachelor’s Degree Business Administration students whose families make $30-$48k per year to attend Saginaw Valley State University.
Full Saginaw Valley State University Business Administration & Management Report
University of Detroit Mercy did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $30-$48k ranking, coming in at #13. This small school is located in Detroit, Michigan, and it awarded 43 bachelors’s business administration degrees in 2019-2020.
Detroit Mercy also made our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” list, coming in at #15. The estimated yearly cost for University of Detroit Mercy is $15,023 for Michigan Bachelor’s Degree Business Administration students whose families make $30-$48k.
The school has an impressive student loan default rate. It’s only 3.5%, which is much lower than the national rate of 10.1%. The school has an excellent freshman retention rate of 86%, which means students like the school well enough to return for a second year.
Read full report on Business Administration & Management at Detroit Mercy
Northwood University ranked #14 on this year’s Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $30-$48k list. Northwood University is a small school located in Midland, Michigan that handed out 440 bachelors’s business administration degrees in 2019-2020.
Northwood did well in our major quality rankings, too. It placed #6 on our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” list. It costs about $14,903 for Michigan Bachelor’s Degree Business Administration students whose families make $30-$48k per year to attend Northwood.
The impressive student-to-faculty ratio of 9 to 1 means that students may have more opportunities to work more closely with their professors than they would at other schools.
Read more about Business Administration & Management at Northwood University
Northern Michigan University did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $30-$48k ranking, coming in at #15. Northern Michigan University is a public institution located in Marquette, Michigan. The school has a medium-sized population, and it awarded 49 bachelors’s degrees in 2019-2020.
The yearly cost to attend Northern Michigan University is $11,723 for michigan bachelor’s degree business administration students whose families make $30-$48k.
Read more about Business Administration & Management at Northern Michigan University
Western Michigan University did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $30-$48k ranking, coming in at #16. WMU is a public institution located in Kalamazoo, Michigan. The school has a fairly large population, and it awarded 220 bachelors’s degrees in 2019-2020.
As a testament to the quality of education offered at WMU, the school also landed the #11 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Western Michigan University is $15,276 for michigan bachelor’s degree business administration students whose families make $30-$48k.
Read full report on Business Administration & Management at Western Michigan University
Baker College ranked #17 on this year’s Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $30-$48k list. Baker College is located in Owosso, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 242 bachelors’s business administration degrees to qualified students.
The yearly cost to attend Baker College is $13,867 for Michigan Bachelor’s Degree Business Administration students whose families make $30-$48k.
The student-to-faculty ratio of 8 to 1 is a sign that students will have more opportunities to engage with their professors one-on-one.
Full Baker College Business Administration & Management Report
Eastern Michigan University ranked #18 on this year’s Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $30-$48k list. This fairly large school is located in Ypsilanti, Michigan, and it awarded 174 bachelors’s business administration degrees in 2019-2020.
Eastern Michigan also made our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” list, coming in at #22. The yearly cost to attend Eastern Michigan is $14,136 for michigan bachelor’s degree business administration students whose families make $30-$48k.
Full Eastern Michigan Business Administration & Management Report
Hope College ranked #19 on this year’s Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $30-$48k list. Hope College is located in Holland, Michigan and, has a small student population. In 2019-2020, this school awarded 94 bachelors’s business administration degrees to qualified students.
Hope also took the #3 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. It costs about $17,573 for Michigan Bachelor’s Degree Business Administration students whose families make $30-$48k per year to attend Hope.
The student loan default rate at the school is 2.1%, which is quite low when compared to the national default rate of 10.1%. With a freshman retention rate of 87%, the school does an excellent job of retaining its students.
Read full report on Business Administration & Management at Hope College
Madonna University landed the #20 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $30-$48k ranking. Located in Livonia, Michigan, this small private not-for-profit school handed out 51 degrees to qualified bachelors’s business administration students in 2019-2020.
The yearly cost to attend Madonna is $16,625 for Michigan Bachelor’s Degree Business Administration students whose families make $30-$48k.
Full Madonna University Business Administration & Management Report
Aquinas College Michigan came in at #21 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $30-$48k ranking. Aquinas College Michigan is a private not-for-profit institution located in Grand Rapids, Michigan. The school has a small population, and it awarded 43 bachelors’s degrees in 2019-2020.
In addition to being on our michigan bachelor’s degree business administration students whose families make $30-$48k list, Aquinas College Michigan has also earned the #20 rank in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Aquinas College Michigan is $14,125 for michigan bachelor’s degree business administration students whose families make $30-$48k.
Read full report on Business Administration & Management at Aquinas College Michigan
Alma College landed the #22 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $30-$48k ranking. Alma is located in Alma, Michigan and, has a small student population. In 2019-2020, this school awarded 20 bachelors’s business administration degrees to qualified students.
Alma also took the #17 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Alma is $18,963 for michigan bachelor’s degree business administration students whose families make $30-$48k.
Read full report on Business Administration & Management at Alma
Calvin University landed the #23 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $30-$48k ranking. This small school is located in Grand Rapids, Michigan, and it awarded 65 bachelors’s business administration degrees in 2019-2020.
As a testament to the quality of education offered at Calvin, the school also landed the #5 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Calvin is $21,920 for michigan bachelor’s degree business administration students whose families make $30-$48k.
The student loan default rate at the school is 1.6%, which is quite low when compared to the national default rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 87%.
Read more about Business Administration & Management at Calvin University
Spring Arbor University did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $30-$48k ranking, coming in at #24. Spring Arbor University is a private not-for-profit institution located in Spring Arbor, Michigan. The school has a small population, and it awarded 67 bachelors’s degrees in 2019-2020.
As a testament to the quality of education offered at Spring Arbor, the school also landed the #19 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Spring Arbor University is $16,448 for Michigan Bachelor’s Degree Business Administration students whose families make $30-$48k.
Read full report on Business Administration & Management at Spring Arbor University
Rochester University ranked #25 on this year’s Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $30-$48k list. RU is a small school located in Rochester Hills, Michigan that handed out 33 bachelors’s business administration degrees in 2019-2020.
The yearly cost to attend Rochester University is $14,628 for Michigan Bachelor’s Degree Business Administration students whose families make $30-$48k.
Full Rochester University Business Administration & Management Report
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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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