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2022 Best Value Business Administration Schools for a Master’s For Those Making $30-$48k

971 Ranked Colleges
121,330 Degrees Awarded
$46,200 Avg Grad Tuition & Fees*
Best Value Business Administration Schools for a Master's For Those Making $30-$48k

Students have lots of options to chooose from today when trying to decide which college to attend. 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 For Those Making $30-$48k” ranking is one tool we have developed to help in this regard.

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.

At the master’s degree level specifically, there were 121,330 business administration and management graduates with average earnings and debt of $56,398 and $43,194 respectively.

This year’s “Best Value Business Administration Schools for a Master’s For Those Making $30-$48k” ranking looked at 971 colleges that offer degrees in a bachelor’s in business administration and management. The schools that top this list are recognized because they have great 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 business administration and management program at the school. See our ranking methodology to learn more.

More Ways to Rank Business Administration & Management Schools

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 For Those Making $30-$48k” ranking, along with many other major-related rankings, to help you make that decision.

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. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

Best Value Business Administration Schools for a Master’s For Those Making $30-$48k

The colleges and universities below are the best for master’s degree business administration students whose families make $30-$48k.

Top 25 Best Value Master’s Degree Colleges for Business Administration & Management (Income $30-$48k)

#1

Duke University

Durham, North Carolina

You’ll join some of the best and brightest minds around if you attend Duke University. The school came in at #1 for the Best Value Business Administration Schools for a Master’s For Those Making $30-$48k. This fairly large school is located in Durham, North Carolina, and it awarded 750 masters’s business administration degrees in 2019-2020.

Duke did well in our major quality rankings, too. It placed #2 on our “Best Business Administration & Management Master’s Degree Schools” list. Average graduate tuition and fees at Duke University are $59,140, but some majors have different tuition rates.

Read full report on Business Administration & Management at Duke

#2

University of Pennsylvania

Philadelphia, Pennsylvania

You’ll be in good company if you decide to attend University of Pennsylvania. It ranked #2 on our 2022 Best Value Business Administration Schools for a Master’s For Those Making $30-$48k list. UPenn is a private not-for-profit institution located in Philadelphia, Pennsylvania. The school has a large population, and it awarded 524 masters’s degrees in 2019-2020.

In addition to being on our master’s degree business administration students whose families make $30-$48k list, UPenn has also earned the #1 rank in our “Best Business Administration & Management Master’s Degree Schools” ranking. Average graduate tuition and fees at UPenn are $41,760, but you may pay more or less depending on your major.

Read full report on Business Administration & Management at UPenn

#3

Northwestern University

Evanston, Illinois

You’ll join some of the best and brightest minds around if you attend Northwestern University. The school came in at #3 for the Best Value Business Administration Schools for a Master’s For Those Making $30-$48k. Northwestern University is a large private not-for-profit school situated in Evanston, Illinois. It awarded 325 masters’s business administration degrees in 2019-2020.

As a testament to the quality of education offered at Northwestern, the school also landed the #3 spot in our “Best Business Administration & Management Master’s Degree Schools” ranking. Average graduate tuition and fees at Northwestern University are $56,567, but some majors have different tuition rates.

Full Northwestern Business Administration & Management Report

#4

Yale University

New Haven, Connecticut

Out of the 971 schools in the Best Value Business Administration Schools for a Master’s For Those Making $30-$48k that were part of this year’s ranking, Yale University landed the #4 spot on the list. Yale is a fairly large school located in New Haven, Connecticut that handed out 565 masters’s business administration degrees in 2019-2020.

Yale also made our “Best Business Administration & Management Master’s Degree Schools” list, coming in at #6. Average graduate tuition and fees at Yale are $44,500, but some majors have different tuition rates.

Read full report on Business Administration & Management at Yale University

#5

Rice University

Houston, Texas

Out of the 971 schools in the Best Value Business Administration Schools for a Master’s For Those Making $30-$48k that were part of this year’s ranking, Rice University landed the #5 spot on the list. Rice is a medium-sized school located in Houston, Texas that handed out 366 masters’s business administration degrees in 2019-2020.

As a testament to the quality of education offered at Rice, the school also landed the #14 spot in our “Best Business Administration & Management Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Rice are $47,913.

Full Rice Business Administration & Management Report

#6

Harvard University

Cambridge, Massachusetts

With a ranking of #6, Harvard University did quite well on the 2022 Best Value Business Administration Schools for a Master’s For Those Making $30-$48k list. Harvard University is located in Cambridge, Massachusetts and, has a large student population. In 2019-2020, this school awarded 1,061 masters’s business administration degrees to qualified students.

In addition to being on our master’s degree business administration students whose families make $30-$48k list, Harvard has also earned the #9 rank in our “Best Business Administration & Management Master’s Degree Schools” ranking. Average graduate tuition and fees at Harvard University are $50,654, but some majors have different tuition rates.

Read more about Business Administration & Management at Harvard University

#7

University of Chicago

Chicago, Illinois

University of Chicago ranked #7 on this year’s Best Value Business Administration Schools for a Master’s For Those Making $30-$48k list. UChicago is located in Chicago, Illinois and, has a fairly large student population. In 2019-2020, this school awarded 228 masters’s business administration degrees to qualified students.

UChicago not only placed well in this ranking. It is also #19 on our “Best Business Administration & Management Master’s Degree Schools” list. Average graduate tuition and fees at University of Chicago are $61,548, but you may pay more or less depending on your major.

Full University of Chicago Business Administration & Management Report

#8

Cornell University

Ithaca, New York

Cornell University came in at #8 in this year’s edition of the Best Value Business Administration Schools for a Master’s For Those Making $30-$48k ranking. Ithaca, New York is the setting for this large institution of higher learning. The private not-for-profit school handed out masters’s business administration degrees to 689 students in 2019-2020.

Cornell also took the #8 spot in our “Best Business Administration & Management Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Cornell University are $30,042.

Read more about Business Administration & Management at Cornell

#9

Washington University in St Louis

Saint Louis, Missouri

Washington University in St Louis ranked #9 on this year’s Best Value Business Administration Schools for a Master’s For Those Making $30-$48k list. Saint Louis, Missouri is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out masters’s business administration degrees to 344 students in 2019-2020.

In addition to being on our master’s degree business administration students whose families make $30-$48k list, WUSTL has also earned the #5 rank in our “Best Business Administration & Management Master’s Degree Schools” ranking. Average graduate tuition and fees at Washington University in St Louis are $56,562, but some majors have different tuition rates.

Full WUSTL Business Administration & Management Report

#10

Brown University

Providence, Rhode Island
Top 10% in overall quality

Brown University ranked #10 on this year’s Best Value Business Administration Schools for a Master’s For Those Making $30-$48k list. Providence, Rhode Island 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 38 students in 2019-2020.

On top of its placing in this ranking, Brown also did well on our “Best Business Administration & Management Master’s Degree Schools” list. It’s ranked in the top 10% of all schools on our “Best Business Administration & Management Master’s Degree Schools” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Brown are $60,363.

Read full report on Business Administration & Management at Brown

#11

University of Michigan - Ann Arbor

Ann Arbor, Michigan

University of Michigan - Ann Arbor came in at #11 in this year’s edition of the Best Value Business Administration Schools for a Master’s For Those Making $30-$48k ranking. This large school is located in Ann Arbor, Michigan, and it awarded 837 masters’s business administration degrees in 2019-2020.

U-M did well in our major quality rankings, too. It placed #7 on our “Best Business Administration & Management Master’s Degree Schools” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Michigan - Ann Arbor are $49,548.

Full University of Michigan - Ann Arbor Business Administration & Management Report

Columbia University in the City of New York ranked #12 on this year’s Best Value Business Administration Schools for a Master’s For Those Making $30-$48k list. Columbia University in the City of New York is located in New York, New York and, has a large student population. In 2019-2020, this school awarded 100 masters’s business administration degrees to qualified students.

Columbia did well in our major quality rankings, too. It placed #13 on our “Best Business Administration & Management Master’s Degree Schools” list. Average graduate tuition and fees at Columbia are $51,194, but some majors have different tuition rates.

Read full report on Business Administration & Management at Columbia

#13

University of North Carolina at Chapel Hill

Chapel Hill, North Carolina

University of North Carolina at Chapel Hill ranked #13 on this year’s Best Value Business Administration Schools for a Master’s For Those Making $30-$48k list. University of North Carolina at Chapel Hill is a public institution located in Chapel Hill, North Carolina. The school has a large population, and it awarded 806 masters’s degrees in 2019-2020.

UNC Chapel Hill not only placed well in this ranking. It is also #16 on our “Best Business Administration & Management Master’s Degree Schools” list. Average graduate tuition and fees at UNC Chapel Hill are $30,248, but some majors have different tuition rates.

Read full report on Business Administration & Management at University of North Carolina at Chapel Hill

#14

Vanderbilt University

Nashville, Tennessee

Vanderbilt University ranked #14 on this year’s Best Value Business Administration Schools for a Master’s For Those Making $30-$48k list. Vanderbilt is a private not-for-profit institution located in Nashville, Tennessee. The school has a fairly large population, and it awarded 139 masters’s degrees in 2019-2020.

Vanderbilt did well in our major quality rankings, too. It placed #21 on our “Best Business Administration & Management Master’s Degree Schools” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Vanderbilt are $50,624.

Full Vanderbilt Business Administration & Management Report

#15

University of Florida

Gainesville, Florida

With a ranking of #15, University of Florida did quite well on the 2022 Best Value Business Administration Schools for a Master’s For Those Making $30-$48k list. This large school is located in Gainesville, Florida, and it awarded 750 masters’s business administration degrees in 2019-2020.

UF excels when it comes to business administration quality. It’s in the top 5% of all schools reviewed in that analysis. Average graduate tuition and fees at UF are $30,130, but you may pay more or less depending on your major.

Full University of Florida Business Administration & Management Report

#16

University of Notre Dame

Notre Dame, Indiana
#12 in overall quality

University of Notre Dame landed the #16 spot on the 2022 Best Value Business Administration Schools for a Master’s For Those Making $30-$48k ranking. Notre Dame is a fairly large private not-for-profit school situated in Notre Dame, Indiana. It awarded 286 masters’s business administration degrees in 2019-2020.

Notre Dame did well in our major quality rankings, too. It placed #12 on our “Best Business Administration & Management Master’s Degree Schools” list. Average graduate tuition and fees at Notre Dame are $57,522, but you may pay more or less depending on your major.

Read full report on Business Administration & Management at Notre Dame

#17

Dartmouth College

Hanover, New Hampshire

Dartmouth College landed the #17 spot on the 2022 Best Value Business Administration Schools for a Master’s For Those Making $30-$48k ranking. Dartmouth is located in Hanover, New Hampshire and, has a medium-sized student population. In 2019-2020, this school awarded 150 masters’s business administration degrees to qualified students.

On top of its placing in this ranking, Dartmouth also did well on our “Best Business Administration & Management Master’s Degree Schools” list. It’s in the top 5% of all schools in this category. Average graduate tuition and fees at Dartmouth are $58,120, but some majors have different tuition rates.

Read more about Business Administration & Management at Dartmouth

#18

Johns Hopkins University

Baltimore, Maryland

Johns Hopkins University ranked #18 on this year’s Best Value Business Administration Schools for a Master’s For Those Making $30-$48k list. Johns Hopkins is a large school located in Baltimore, Maryland that handed out 68 masters’s business administration degrees in 2019-2020.

In addition to being on our master’s degree business administration students whose families make $30-$48k list, Johns Hopkins has also earned the #20 rank in our “Best Business Administration & Management Master’s Degree Schools” ranking. Average graduate tuition and fees at Johns Hopkins University are $59,425, but some majors have different tuition rates.

Read full report on Business Administration & Management at Johns Hopkins University

#19

Emory University

Atlanta, Georgia

Emory University landed the #19 spot on the 2022 Best Value Business Administration Schools for a Master’s For Those Making $30-$48k ranking. Emory University is a fairly large private not-for-profit school situated in Atlanta, Georgia. It awarded 387 masters’s business administration degrees in 2019-2020.

Emory also took the #22 spot in our “Best Business Administration & Management Master’s Degree Schools” ranking. Average graduate tuition and fees at Emory University are $44,676, but some majors have different tuition rates.

Read full report on Business Administration & Management at Emory University

University of Washington - Seattle Campus landed the #20 spot on the 2022 Best Value Business Administration Schools for a Master’s For Those Making $30-$48k ranking. Located in Seattle, Washington, this large public school awarded 422 diplomas to qualified masters’s business administration students in 2019-2020.

UW Seattle excels when it comes to business administration quality. It’s in the top 5% 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 University of Washington - Seattle Campus are $30,294.

Read more about Business Administration & Management at UW Seattle

#21

University of Virginia - Main Campus

Charlottesville, Virginia

University of Virginia - Main Campus did quite well in the 2022 Best Value Business Administration Schools for a Master’s For Those Making $30-$48k ranking, coming in at #21. Located in Charlottesville, Virginia, this large public school awarded 466 diplomas to qualified masters’s business administration students in 2019-2020.

University of Virginia also made our “Best Business Administration & Management Master’s Degree Schools” list, coming in at #10. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Virginia - Main Campus are $32,394.

Full University of Virginia Business Administration & Management Report

#22

Wake Forest University

Winston-Salem, North Carolina

Wake Forest University ranked #22 on this year’s Best Value Business Administration Schools for a Master’s For Those Making $30-$48k list. Winston-Salem, North Carolina 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 245 students in 2019-2020.

Wake Forest University also claimed a top spot on our “Best Business Administration & Management Master’s Degree Schools” list. It’s ranked in the top 10% of all schools on our “Best Business Administration & Management Master’s Degree Schools” list. Average graduate tuition and fees at Wake Forest University are $39,216, but some majors have different tuition rates.

Full Wake Forest University Business Administration & Management Report

#23

Boston College

Chestnut Hill, Massachusetts

Boston College landed the #23 spot on the 2022 Best Value Business Administration Schools for a Master’s For Those Making $30-$48k ranking. Boston College is a fairly large school located in Chestnut Hill, Massachusetts that handed out 271 masters’s business administration degrees in 2019-2020.

Boston College did well in our major quality rankings, too. It placed #18 on our “Best Business Administration & Management Master’s Degree Schools” list. Average graduate tuition and fees at Boston College are $31,930, but you may pay more or less depending on your major.

Read full report on Business Administration & Management at Boston College

#24

Georgetown University

Washington, District of Columbia

Georgetown University landed the #24 spot on the 2022 Best Value Business Administration Schools for a Master’s For Those Making $30-$48k ranking. Georgetown is a private not-for-profit institution located in Washington, District of Columbia. The school has a fairly large population, and it awarded 425 masters’s degrees in 2019-2020.

Georgetown also made our “Best Business Administration & Management Master’s Degree Schools” list, coming in at #11. Average graduate tuition and fees at Georgetown are $53,591, but some majors have different tuition rates.

Read full report on Business Administration & Management at Georgetown

University of Wisconsin - Madison came in at #25 in this year’s edition of the Best Value Business Administration Schools for a Master’s For Those Making $30-$48k ranking. This large school is located in Madison, Wisconsin, and it awarded 3 masters’s business administration degrees in 2019-2020.

In addition to being on our master’s degree business administration students whose families make $30-$48k list, UW - Madison has also earned the #0 rank in our “Best Business Administration & Management Master’s Degree Schools” ranking. Average graduate tuition and fees at University of Wisconsin - Madison are $25,523, but you may pay more or less depending on your major.

Read full report on Business Administration & Management at UW - Madison

Rest of the Best 50 in Best Value Business Administration Schools for a Master’s For Those Making $30-$48k

Not only did these schools make the top 50 list, but they also landed in the top 15% of this year’s ranking:

#26

University of California - Los Angeles

Los Angeles, California
#28

University of California - Berkeley

Berkeley, California
#29

Baruch College

New York, New York
#30

Purdue University - Main Campus

West Lafayette, Indiana
#31

Franklin University

Columbus, Ohio
#32

William & Mary

Williamsburg, Virginia
#33

University of Minnesota - Twin Cities

Minneapolis, Minnesota
#39

Boston University

Boston, Massachusetts
#41

University of Richmond

University of Richmond, Virginia
#44

The University of West Florida

Pensacola, Florida
#45

North Carolina State University

Raleigh, North Carolina
#46

University of Maryland - College Park

College Park, Maryland
#48

University of Georgia

Athens, Georgia
#50

Massachusetts Maritime Academy

Buzzards Bay, Massachusetts

Rest of the Top 15% Colleges in Best Value Business Administration Schools for a Master’s For Those Making $30-$48k

While not in the ‘top 50’, these schools make the top 15% of this year’s ranking:

Rank College Location
51 California State University - Fullerton Fullerton, CA
52 University of North Texas Denton, TX
53 Brooklyn College Brooklyn, NY
54 Western Governors University Salt Lake City, UT
55 Washington State University Pullman, WA
56 California State University - Dominguez Hills Carson, CA
57 University of California - San Diego La Jolla, CA
58 Lehman College Bronx, NY
59 Texas A&M International University Laredo, TX
60 University of Central Florida Orlando, FL
61 Farmingdale State College Farmingdale, NY
62 University of North Florida Jacksonville, FL
63 Texas A&M University - College Station College Station, TX
64 California State University - Stanislaus Turlock, CA
65 California State University - Long Beach Long Beach, CA
Rank College Location
66 University of Wyoming Laramie, WY
67 Virginia Tech Blacksburg, VA
68 Truman State University Kirksville, MO
69 University of Southern California Los Angeles, CA
70 University of Minnesota - Duluth Duluth, MN
71 University of Massachusetts Amherst Amherst, MA
72 The University of Texas at Tyler Tyler, TX
73 University of California - Davis Davis, CA
74 California Polytechnic State University - San Luis Obispo San Luis Obispo, CA
75 California State University - Northridge Northridge, CA
76 California State University - San Bernardino San Bernardino, CA
77 Louisiana State University - Shreveport Shreveport, LA
78 University of Wisconsin - River Falls River Falls, WI
79 The University of Texas at San Antonio San Antonio, TX
80 Texas Woman’s University Denton, TX
81 Michigan Technological University Houghton, MI
82 Lehigh University Bethlehem, PA
83 California State University - Bakersfield Bakersfield, CA
84 San Diego State University San Diego, CA
85 University of Wisconsin - Platteville Platteville, WI
86 University of California - Riverside Riverside, CA
87 Texas Tech University Lubbock, TX
88 University of Arizona Tucson, AZ
89 University of Houston Houston, TX
90 Southeastern Oklahoma State University Durant, OK
Rank College Location
91 Oakland University Rochester Hills, MI
92 Oklahoma State University - Main Campus Stillwater, OK
93 Missouri University of Science and Technology Rolla, MO
94 Florida Atlantic University Boca Raton, FL
95 George Washington University Washington, DC
96 University of Wisconsin - Eau Claire Eau Claire, WI
97 The University of Texas at Dallas Richardson, TX
98 University of Wisconsin - La Crosse La Crosse, WI
99 University of Wisconsin - Parkside Kenosha, WI
100 University of Nevada - Las Vegas Las Vegas, NV
101 The University of Texas of the Permian Basin Odessa, TX
102 University of Utah Salt Lake City, UT
102 Rutgers University - Newark Newark, NJ
104 Purdue University Northwest Hammond, IN
105 Arizona State University - Tempe Tempe, AZ
106 Fairleigh Dickinson University - Metropolitan Campus Teaneck, NJ
107 University of Illinois at Chicago Chicago, IL
108 University of Wisconsin - Green Bay Green Bay, WI
109 Florida Gulf Coast University Fort Myers, FL
110 Southern Illinois University Edwardsville Edwardsville, IL
111 American Public University System Charles Town, WV
112 California State University - Sacramento Sacramento, CA
113 University of Connecticut Storrs, CT
114 University of Wisconsin - Oshkosh Oshkosh, WI
115 Michigan State University East Lansing, MI
Rank College Location
115 Rutgers University - Camden Camden, NJ
117 University of Illinois at Springfield Springfield, IL
118 University of Delaware Newark, DE
119 Tulane University of Louisiana New Orleans, LA
120 University of Houston - Victoria Victoria, TX
121 Colorado State University - Fort Collins Fort Collins, CO
122 University of North Carolina at Greensboro Greensboro, NC
123 The University of Tennessee - Knoxville Knoxville, TN
124 University of Southern Indiana Evansville, IN
125 University of Mississippi University, MS
126 Northern Illinois University Dekalb, IL
127 Appalachian State University Boone, NC
128 Iowa State University Ames, IA
129 University of Nebraska - Lincoln Lincoln, NE
130 Northeastern State University Tahlequah, OK
131 University of Michigan - Dearborn Dearborn, MI
132 Citadel Military College of South Carolina Charleston, SC
133 Augusta University Augusta, GA
134 Southern Oregon University Ashland, OR
135 Saint Cloud State University Saint Cloud, MN
136 Minot State University Minot, ND
137 University of Colorado Denver/Anschutz Medical Campus Denver, CO
138 James Madison University Harrisonburg, VA
139 Utah State University Logan, UT
140 Ferris State University Big Rapids, MI
Rank College Location
141 Babson College Wellesley, MA
142 Rhode Island College Providence, RI
143 Central Michigan University Mount Pleasant, MI
144 University of Arkansas Fayetteville, AR
145 Louisiana Tech University Ruston, LA
146 Indiana University - Southeast New Albany, IN

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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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