2022 Best Value Bachelor’s Degree Colleges for Business Administration & Management (Income $48-$75k) in Michigan
It’s not easy to decide which college to attend when there so many options available for students. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $48-$75k” ranking is part of that endeavor.
In 2019-2020, 404,734 business administration and management students received their degree, making the major the 2nd most popular in the country. 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.
This year’s “Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $48-$75k” ranking looked at 35 colleges that offer degrees in a bachelor’s 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.
Some of the factors we look at when determining these rankings are overall quality of the business administration and management program at the school and the cost of the school after aid is awarded among other things. See our ranking methodology to learn more.
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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 Bachelor’s in Michigan For Those Making $48-$75k” ranking, along with many other major-related rankings, to help you make that 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. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.
Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $48-$75k
The following schools top our list of the Best Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $48-$75k.
Top 25 Best Value Bachelor’s Degree Colleges for Business Administration & Management (Income $48-$75k) in Michigan
Out of the 35 schools in the Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $48-$75k that were part of this year’s ranking, University of Michigan - Ann Arbor landed the #1 spot on the list. This large school is located in Ann Arbor, Michigan, and it awarded 596 bachelors’s business administration degrees in 2019-2020.
U-M also took the #1 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend U-M is $10,028 for Michigan Bachelor’s Degree Business Administration students whose families make $48-$75k.
The low student loan default rate of 1.2% 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%. With a freshman retention rate of 96%, the school does an excellent job of retaining its students.
Full University of Michigan - Ann Arbor Business Administration & Management Report
You’ll join some of the best and brightest minds around if you attend Michigan Technological University. The school came in at #2 for the Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $48-$75k. Michigan Tech is located in Houghton, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 22 bachelors’s business administration degrees to qualified students.
Michigan Tech also took the #7 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Michigan Technological University is $13,720 for michigan bachelor’s degree business administration students whose families make $48-$75k.
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 more about Business Administration & Management at Michigan Technological University
You’ll join some of the best and brightest minds around if you attend Oakland University. The school came in at #3 for the Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $48-$75k. Rochester Hills, Michigan is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s business administration degrees to 62 students in 2019-2020.
Oakland also took the #12 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend Oakland University is $10,387 for Michigan Bachelor’s Degree Business Administration students whose families make $48-$75k.
Read more about Business Administration & Management at Oakland University
Out of the 35 schools in the Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $48-$75k that were part of this year’s ranking, Ferris State University landed the #4 spot on the list. Ferris is located in Big Rapids, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 257 bachelors’s business administration degrees to qualified students.
In addition to being on our michigan bachelor’s degree business administration students whose families make $48-$75k list, Ferris has also earned the #13 rank in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. It costs about $14,101 for michigan bachelor’s degree business administration students whose families make $48-$75k per year to attend Ferris State University.
Full Ferris State University Business Administration & Management Report
You’ll be in good company if you decide to attend Michigan State University. It ranked #5 on our 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $48-$75k list. Michigan State is a public institution located in East Lansing, Michigan. The school has a large population, and it awarded 505 bachelors’s degrees in 2019-2020.
Michigan State not only placed well in this ranking. It is also #2 on our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” list. It costs about $20,696 for michigan bachelor’s degree business administration students whose families make $48-$75k per year to attend Michigan State University.
The school has an impressive student loan default rate. It’s only 3.6%, which is much lower than the national rate of 10.1%. Students who start out at the school are likely to stick around. The freshman retention rate is 91%.
Read full report on Business Administration & Management at Michigan State University
University of Michigan - Dearborn landed the #6 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $48-$75k ranking. This medium-sized school is located in Dearborn, Michigan, and it awarded 26 bachelors’s business administration degrees in 2019-2020.
UM Dearborn not only placed well in this ranking. It is also #16 on our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” list. It costs about $10,553 for michigan bachelor’s degree business administration students whose families make $48-$75k per year to attend University of Michigan - Dearborn.
The school has an impressive student loan default rate. It’s only 4.5%, which is much lower than the national rate of 10.1%.
Read more about Business Administration & Management at University of Michigan - Dearborn
Grand Valley State University came in at #7 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $48-$75k ranking. GVSU is a large school located in Allendale, Michigan that handed out 103 bachelors’s business administration degrees in 2019-2020.
GVSU also took the #8 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. The yearly cost to attend GVSU is $15,775 for Michigan Bachelor’s Degree Business Administration students whose families make $48-$75k.
The low student loan default rate of 3.7% 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 GVSU
Central Michigan University came in at #8 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $48-$75k ranking. Mount Pleasant, Michigan is the setting for this fairly large institution of higher learning. The public school handed out bachelors’s business administration degrees to 354 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. The estimated yearly cost for Central Michigan University is $14,591 for michigan bachelor’s degree business administration students whose families make $48-$75k.
Read full report on Business Administration & Management at Central Michigan
Cleary University ranked #9 on this year’s Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $48-$75k list. Located in Howell, Michigan, this small private not-for-profit school awarded 78 diplomas to qualified bachelors’s business administration students in 2019-2020.
As a testament to the quality of education offered at Cleary College, the school also landed the #9 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. It costs about $15,060 for michigan bachelor’s degree business administration students whose families make $48-$75k per year to attend Cleary College.
Read more about Business Administration & Management at Cleary College
With a ranking of #10, Saginaw Valley State University did quite well on the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $48-$75k list. Saginaw Valley State University is a public institution located in University Center, Michigan. The school has a medium-sized population, and it awarded 93 bachelors’s degrees in 2019-2020.
Saginaw Valley State University did well in our major quality rankings, too. It placed #21 on our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” list. It costs about $14,230 for michigan bachelor’s degree business administration students whose families make $48-$75k per year to attend Saginaw Valley State University.
Read full report on Business Administration & Management at Saginaw Valley State University
University of Detroit Mercy came in at #11 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $48-$75k ranking. University of Detroit Mercy is a private not-for-profit institution located in Detroit, 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 $48-$75k list, Detroit Mercy has also earned the #15 rank in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for University of Detroit Mercy is $17,242 for michigan bachelor’s degree business administration students whose families make $48-$75k.
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%. With a freshman retention rate of 86%, the school does an excellent job of retaining its students.
Read more about Business Administration & Management at Detroit Mercy
Eastern Michigan University did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $48-$75k ranking, coming in at #12. Eastern Michigan is a public institution located in Ypsilanti, Michigan. The school has a fairly large population, and it awarded 174 bachelors’s degrees in 2019-2020.
In addition to being on our michigan bachelor’s degree business administration students whose families make $48-$75k list, Eastern Michigan has also earned the #22 rank in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Eastern Michigan University is $16,042 for michigan bachelor’s degree business administration students whose families make $48-$75k.
Read full report on Business Administration & Management at Eastern Michigan University
Baker College did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $48-$75k ranking, coming in at #13. Baker College is a private not-for-profit institution located in Owosso, Michigan. The school has a medium-sized population, and it awarded 242 bachelors’s degrees in 2019-2020.
The estimated yearly cost for Baker College is $15,933 for michigan bachelor’s degree business administration students whose families make $48-$75k.
Since the school has a student-to-faculty ratio of 8 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Full Baker College Business Administration & Management Report
Aquinas College Michigan did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $48-$75k ranking, coming in at #14. Aquinas College Michigan is a small private not-for-profit school situated in Grand Rapids, Michigan. It awarded 43 bachelors’s business administration degrees in 2019-2020.
Aquinas College Michigan did well in our major quality rankings, too. It placed #20 on our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” list. The yearly cost to attend Aquinas College Michigan is $17,715 for Michigan Bachelor’s Degree Business Administration students whose families make $48-$75k.
Read full report on Business Administration & Management at Aquinas College Michigan
University of Michigan - Flint ranked #15 on this year’s Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $48-$75k list. Flint, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s business administration degrees to 78 students in 2019-2020.
The yearly cost to attend UM Flint is $13,343 for michigan bachelor’s degree business administration students whose families make $48-$75k.
Full University of Michigan - Flint Business Administration & Management Report
Northwood University came in at #16 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $48-$75k ranking. Northwood University is a small private not-for-profit school situated in Midland, Michigan. It awarded 440 bachelors’s business administration degrees in 2019-2020.
Northwood also made our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” list, coming in at #6. The estimated yearly cost for Northwood University is $20,968 for michigan bachelor’s degree business administration students whose families make $48-$75k.
Since the school has a student-to-faculty ratio of 9 to 1, those pursuing a degree will have more opportunities to interact with their professors.
Read full report on Business Administration & Management at Northwood University
Lake Superior State University did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $48-$75k ranking, coming in at #17. Sault Ste Marie, Michigan is the setting for this small institution of higher learning. The public school handed out bachelors’s business administration degrees to 19 students in 2019-2020.
The yearly cost to attend Lake Superior State University is $13,073 for Michigan Bachelor’s Degree Business Administration students whose families make $48-$75k.
Read more about Business Administration & Management at Lake Superior State University
Hope College ranked #18 on this year’s Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $48-$75k list. Holland, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s business administration degrees to 94 students in 2019-2020.
Hope also made our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” list, coming in at #3. The yearly cost to attend Hope College is $20,372 for michigan bachelor’s degree business administration students whose families make $48-$75k.
With a freshman retention rate of 87%, the school does an excellent job of retaining its students. 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%.
Full Hope College Business Administration & Management Report
With a ranking of #19, Rochester University did quite well on the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $48-$75k list. RU is located in Rochester Hills, Michigan and, has a small student population. In 2019-2020, this school awarded 33 bachelors’s business administration degrees to qualified students.
It costs about $18,686 for michigan bachelor’s degree business administration students whose families make $48-$75k per year to attend Rochester University.
Spring Arbor University ranked #20 on this year’s Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $48-$75k list. Spring Arbor is located in Spring Arbor, Michigan and, has a small student population. In 2019-2020, this school awarded 67 bachelors’s business administration degrees to qualified students.
Spring Arbor did well in our major quality rankings, too. It placed #19 on our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” list. The estimated yearly cost for Spring Arbor University is $18,662 for Michigan Bachelor’s Degree Business Administration students whose families make $48-$75k.
Read full report on Business Administration & Management at Spring Arbor University
Calvin University 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 $48-$75k ranking. Calvin University is a small private not-for-profit school situated in Grand Rapids, Michigan. It awarded 65 bachelors’s business administration degrees in 2019-2020.
Calvin also took the #5 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for Calvin University is $23,773 for michigan bachelor’s degree business administration students whose families make $48-$75k.
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%. The school has an excellent freshman retention rate of 87%, which means students like the school well enough to return for a second year.
Read more about Business Administration & Management at Calvin University
Western Michigan University ranked #22 on this year’s Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $48-$75k list. This fairly large school is located in Kalamazoo, Michigan, and it awarded 220 bachelors’s business administration degrees in 2019-2020.
In addition to being on our michigan bachelor’s degree business administration students whose families make $48-$75k list, WMU has also earned the #11 rank in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. The estimated yearly cost for WMU is $19,841 for Michigan Bachelor’s Degree Business Administration students whose families make $48-$75k.
Read more about Business Administration & Management at Western Michigan University
Northern Michigan University did quite well in the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $48-$75k ranking, coming in at #23. Marquette, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out bachelors’s business administration degrees to 49 students in 2019-2020.
The yearly cost to attend Northern Michigan University is $15,753 for michigan bachelor’s degree business administration students whose families make $48-$75k.
Full Northern Michigan University Business Administration & Management Report
Cornerstone University came in at #24 in this year’s edition of the Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $48-$75k ranking. Grand Rapids, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out bachelors’s business administration degrees to 136 students in 2019-2020.
As a testament to the quality of education offered at Cornerstone, the school also landed the #25 spot in our “Best Business Administration & Management Bachelor’s Degree Schools in Michigan” ranking. It costs about $19,973 for michigan bachelor’s degree business administration students whose families make $48-$75k per year to attend Cornerstone University.
With a freshman retention rate of 86%, the school does an excellent job of retaining its students.
Full Cornerstone Business Administration & Management Report
Madonna University landed the #25 spot on the 2022 Best Value Business Administration Schools for a Bachelor’s in Michigan For Those Making $48-$75k ranking. Located in Livonia, Michigan, this small private not-for-profit school awarded 51 degrees to qualified bachelors’s business administration students in 2019-2020.
The yearly cost to attend Madonna University is $16,099 for michigan bachelor’s degree business administration students whose families make $48-$75k.
Full Madonna 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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