2022 Best Value Master’s Degree Colleges for Business Administration & Management (Income $48-$75k) in the Great Lakes Region
Students have lots of options to chooose from today when trying to decide which college to attend. College Factual has developed its “Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k” ranking as one item you can use to help make this decision.
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 the Great Lakes region, there were 49,739 business administration and management graduates with average earnings and debt of $48,112 and $29,067 respectively. At the master’s degree level specifically, there were 16,628 business administration and management graduates with average earnings and debt of $57,039 and $42,488 respectively.
For this year’s “Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k” ranking, we looked at 149 colleges that offer a degree in business administration and management. Not only do the schools that top this list have excellent business administration and management programs, but they also cost less that schools of similar quality.
When determining these rankings, we looked at things such as overall quality of the business administration and management program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.
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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 Master’s in the Great Lakes Region For Those Making $48-$75k” ranking, along with many other major-related rankings, to help you make that decision.
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Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k
The colleges and universities below are the best for great lakes region master’s degree business administration students whose families make $48-$75k.
Top 25 Best Value Master’s Degree Colleges for Business Administration & Management (Income $48-$75k) in the Great Lakes Region
You’ll join some of the best and brightest minds around if you attend Northwestern University. The school came in at #1 for the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k. Northwestern is a large private not-for-profit school situated in Evanston, Illinois. It awarded 325 masters’s business administration degrees in 2019-2020.
Northwestern did well in our major quality rankings, too. It placed #1 on our “Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Northwestern University are $56,567, but some majors have different tuition rates.
Read full report on Business Administration & Management at Northwestern
Out of the 149 schools in the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k that were part of this year’s ranking, University of Chicago landed the #2 spot on the list. Located in Chicago, Illinois, this fairly large private not-for-profit school awarded 228 degrees to qualified masters’s business administration students in 2019-2020.
UChicago also took the #5 spot in our “Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at UChicago are $61,548, but you may pay more or less depending on your major.
Read full report on Business Administration & Management at UChicago
Out of the 149 schools in the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k that were part of this year’s ranking, University of Michigan - Ann Arbor landed the #3 spot on the list. University of Michigan - Ann Arbor is a large public school situated in Ann Arbor, Michigan. It awarded 837 masters’s business administration degrees in 2019-2020.
U-M also made our “Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region” list, coming in at #2. 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.
You’ll be in good company if you decide to attend University of Notre Dame. It ranked #4 on our 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. University of Notre Dame is a fairly large school located in Notre Dame, Indiana that handed out 286 masters’s business administration degrees in 2019-2020.
In addition to being on our great lakes region master’s degree business administration students whose families make $48-$75k list, Notre Dame has also earned the #3 rank in our “Best Business Administration & 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 University of Notre Dame are $57,522.
Read full report on Business Administration & Management at Notre Dame
You’ll be in good company if you decide to attend University of Illinois at Urbana-Champaign. It ranked #5 on our 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. University of Illinois at Urbana-Champaign 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 Business Administration & Management Master’s Degree Schools in the Great Lakes Region” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UIUC are $30,083.
Purdue University - Main Campus did quite well in the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #6. Purdue University - Main Campus is a large school located in West Lafayette, Indiana that handed out 152 masters’s business administration degrees in 2019-2020.
Purdue also made our “Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region” list, coming in at #8. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Purdue University - Main Campus are $28,794.
Full Purdue University - Main Campus Business Administration & Management Report
University of Wisconsin - Madison landed the #7 spot on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking. Located in Madison, Wisconsin, this large public school handed out 3 degrees to qualified masters’s business administration students in 2019-2020.
As a testament to the quality of education offered at UW - Madison, the school also landed the #0 spot in our “Best Business Administration & 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 University of Wisconsin - Madison are $25,523.
Read more about Business Administration & Management at University of Wisconsin - Madison
With a ranking of #8, Franklin University did quite well on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. Franklin University is a medium-sized private not-for-profit school situated in Columbus, Ohio. It awarded 330 masters’s business administration degrees 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 Business Administration & Management at Franklin University
Ohio State University - Main Campus came in at #9 in this year’s edition of the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking. Ohio State University - Main Campus is a public institution located in Columbus, Ohio. The school has a large population, and it awarded 298 masters’s degrees in 2019-2020.
Ohio State also took the #7 spot in our “Best Business Administration & 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 Ohio State are $37,141.
Michigan Technological University landed the #10 spot on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking. Michigan Technological University is a medium-sized school located in Houghton, Michigan that handed out 24 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 Michigan Technological University are $21,996.
Full Michigan Tech Business Administration & Management Report
University of Wisconsin - Platteville came in at #11 in this year’s edition of the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking. UW - Platteville is located in Platteville, Wisconsin and, has a medium-sized student population. In 2019-2020, this school awarded 128 masters’s business administration degrees to qualified students.
UW - Platteville excels when it comes to business administration quality. It’s ranked in the top 20% of all schools on our “Best Business Administration & 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 UW - Platteville are $18,226.
Read full report on Business Administration & Management at UW - Platteville
Oakland University came in at #12 in this year’s edition of the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking. Oakland University is a fairly large school located in Rochester Hills, Michigan that handed out 106 masters’s business administration degrees in 2019-2020.
On top of its placing in this ranking, Oakland also did well on our “Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region” list. It’s in the top 20% of all schools in this category. Average graduate tuition and fees at Oakland University are $24,648, but some majors have different tuition rates.
Read full report on Business Administration & Management at Oakland
University of Wisconsin - La Crosse landed the #13 spot on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking. La Crosse, Wisconsin is the setting for this fairly large institution of higher learning. The public school handed out masters’s business administration degrees to 1 students in 2019-2020.
UW - La Crosse not only placed well in this ranking. It is also #0 on our “Best Business Administration & 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 Wisconsin - La Crosse are $20,038.
Full University of Wisconsin - La Crosse Business Administration & Management Report
University of Illinois at Chicago came in at #14 in this year’s edition of the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking. Located in Chicago, Illinois, this large public school handed out 198 diplomas to qualified masters’s business administration students in 2019-2020.
Although you might pay more or less depending on your area of study, average graduate tuition and fees at UIC are $27,036.
Read full report on Business Administration & Management at UIC
University of Wisconsin - Eau Claire ranked #15 on this year’s Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. UW - 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.
UW - Eau Claire also claimed a top spot on our “Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region” list. It’s in the top 20% of all schools reviewed in that analysis. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UW - Eau Claire are $19,430.
Full UW - Eau Claire Business Administration & Management Report
Northern Illinois University did quite well in the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #16. 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 Northern Illinois University are $11,086, but you may pay more or less depending on your major.
University of Michigan - Dearborn 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 Making $48-$75k ranking. Located in Dearborn, Michigan, this medium-sized public school awarded 70 degrees to qualified masters’s business administration students in 2019-2020.
Average graduate tuition and fees at University of Michigan - Dearborn are $25,072, but you may pay more or less depending on your major.
Read full report on Business Administration & Management at UM Dearborn
University of Wisconsin - River Falls ranked #18 on this year’s Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. This medium-sized school is located in River Falls, Wisconsin, and it awarded 32 masters’s business administration 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.
Read full report on Business Administration & Management at UW - River Falls
University of Wisconsin - Parkside ranked #19 on this year’s Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. UW - Parkside is a small public school situated in Kenosha, Wisconsin. It awarded 95 masters’s business administration degrees in 2019-2020.
Average graduate tuition and fees at UW - Parkside are $18,768, but some majors have different tuition rates.
Read more about Business Administration & Management at UW - Parkside
With a ranking of #20, 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 Making $48-$75k list. UIS is located in Springfield, Illinois and, has a small student population. In 2019-2020, this school awarded 35 masters’s business administration degrees to qualified students.
Although you might pay more or less depending on your area of study, average graduate tuition and fees at UIS are $16,757.
Read more about Business Administration & Management at University of Illinois at Springfield
University of Wisconsin - Green Bay landed the #21 spot on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking. University of Wisconsin - Green Bay is a public institution located in Green Bay, Wisconsin. The school has a medium-sized population, and it awarded 14 masters’s degrees in 2019-2020.
Average graduate tuition and fees at University of Wisconsin - Green Bay are $19,126, but you may pay more or less depending on your major.
Full University of Wisconsin - Green Bay Business Administration & Management Report
University of Wisconsin - Oshkosh landed the #22 spot on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking. Located in Oshkosh, Wisconsin, this fairly large public school handed out 79 diplomas to qualified masters’s business administration students in 2019-2020.
Average graduate tuition and fees at University of Wisconsin - Oshkosh are $18,744, but some majors have different tuition rates.
Read more about Business Administration & Management at UW Oshkosh
Purdue University Northwest came in at #23 in this year’s edition of the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking. Located in Hammond, Indiana, this medium-sized public school awarded 69 degrees to qualified masters’s business administration students in 2019-2020.
Although you might pay more or less depending on your area of study, average graduate tuition and fees at Purdue Northwest are $11,633.
Full Purdue Northwest Business Administration & Management Report
With a ranking of #24, Judson University did quite well on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. Judson University is a small school located in Elgin, Illinois that handed out 44 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 Judson University are $18,900.
Southern Illinois University Edwardsville did quite well in the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #25. Located in Edwardsville, Illinois, this fairly large public school handed out 80 degrees to qualified masters’s business administration students in 2019-2020.
Average graduate tuition and fees at SIUE are $9,300, but some majors have different tuition rates.
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Best Business Administration & Management Master's Degree Schools in the Great Lakes Region
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Business Administration & Management students in the Great Lakes Region
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Business Administration & Management students with family income less than $30k in the Great Lakes Region
Best Value Master's Degree Colleges for Business Administration & Management (Income $48-$75k) in the Great Lakes Region
Business Administration & Management students with family income $48-$75k in the Great Lakes Region
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Business Administration & Management students with family income exceeding $110k in the Great Lakes Region
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Business Administration & Management students in the Great Lakes Region
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Business Administration & Management students in the Great Lakes Region
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Business Administration & Management students with family income $30-$48k in the Great Lakes Region
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Business Administration & Management students with family income $75-$110k in the Great Lakes Region
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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