2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid
With all of the options students have for higher education today, it can be tough to choose which direction to take. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid” ranking.
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 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.
This year’s “Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid” ranking analyzed 151 colleges that offered 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.
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. For more information, check out our ranking methodology.
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Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid” list, to help you choose the best school for you.
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Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid
The colleges and universities below are the best for great lakes region master’s degree business administration students with aid.
Top 25 Best Value Master’s Degree Colleges for Business Administration & Management in the Great Lakes Region (With Aid)
You’ll join some of the best and brightest minds around if you attend University of Michigan - Ann Arbor. The school came in at #1 for the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid. Located in Ann Arbor, Michigan, this large public school handed out 837 degrees to qualified masters’s business administration students 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. Average graduate tuition and fees at University of Michigan - Ann Arbor are $49,548, but you may pay more or less depending on your major.
Full University of Michigan - Ann Arbor Business Administration & Management Report
You’ll join some of the best and brightest minds around if you attend University of Illinois at Urbana-Champaign. The school came in at #2 for the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid. UIUC is a public institution located in Champaign, Illinois. The school has a large population, and it awarded 695 masters’s degrees in 2019-2020.
UIUC did well in our major quality rankings, too. It placed #4 on our “Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at UIUC are $30,083, but you may pay more or less depending on your major.
Full University of Illinois at Urbana-Champaign Business Administration & Management Report
Out of the 151 schools in the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid that were part of this year’s ranking, Franklin University landed the #3 spot on the list. Franklin University is a private not-for-profit institution located in Columbus, Ohio. The school has a medium-sized population, and it awarded 330 masters’s 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
You’ll join some of the best and brightest minds around if you attend Purdue University - Main Campus. The school came in at #4 for the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid. Purdue University - Main Campus is located in West Lafayette, Indiana and, has a large student population. In 2019-2020, this school awarded 152 masters’s business administration degrees to qualified students.
Purdue also took the #8 spot in our “Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Purdue are $28,794, but some majors have different tuition rates.
Full Purdue University - Main Campus Business Administration & Management Report
Out of the 151 schools in the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid that were part of this year’s ranking, University of Wisconsin - Madison landed the #5 spot on the list. UW - Madison is located in Madison, Wisconsin and, has a large student population. In 2019-2020, this school awarded 3 masters’s business administration degrees to qualified students.
UW - Madison did well in our major quality rankings, too. It placed #0 on our “Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at UW - 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
Michigan State University landed the #6 spot on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. Michigan State University is a large school located in East Lansing, Michigan that handed out 346 masters’s business administration degrees in 2019-2020.
Michigan State also took the #6 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 Michigan State University are $37,056.
Full Michigan State University Business Administration & Management Report
With a ranking of #7, University of Illinois at Chicago did quite well on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. University of Illinois at Chicago is a large public school situated in Chicago, Illinois. It awarded 198 masters’s business administration degrees in 2019-2020.
Average graduate tuition and fees at UIC are $27,036, but some majors have different tuition rates.
Read full report on Business Administration & Management at UIC
University of Wisconsin - La Crosse came in at #8 in this year’s edition of the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. This fairly large school is located in La Crosse, Wisconsin, and it awarded 1 masters’s business administration degrees in 2019-2020.
UW - La Crosse also took 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 UW - La Crosse are $20,038.
Full UW - La Crosse Business Administration & Management Report
University of Wisconsin - Parkside 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 Getting Aid ranking. UW - Parkside is a public institution located in Kenosha, Wisconsin. The school has a small population, and it awarded 95 masters’s degrees in 2019-2020.
Average graduate tuition and fees at University of Wisconsin - Parkside are $18,768, but you may pay more or less depending on your major.
Full UW - Parkside Business Administration & Management Report
With a ranking of #10, Purdue University Northwest did quite well on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. Purdue Northwest is located in Hammond, Indiana and, has a medium-sized student population. In 2019-2020, this school awarded 69 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 Purdue Northwest are $11,633.
Read more about Business Administration & Management at Purdue Northwest
University of Wisconsin - Oshkosh 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 Getting Aid ranking. UW Oshkosh is located in Oshkosh, Wisconsin and, has a fairly large student population. In 2019-2020, this school awarded 79 masters’s business administration degrees to qualified students.
Average graduate tuition and fees at UW Oshkosh are $18,744, but some majors have different tuition rates.
Read full report on Business Administration & Management at University of Wisconsin - Oshkosh
University of Wisconsin - River Falls 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 Getting Aid ranking. UW - River Falls is a public institution located in River Falls, Wisconsin. The school has a medium-sized population, and it awarded 32 masters’s degrees in 2019-2020.
Average graduate tuition and fees at University of Wisconsin - River Falls are $18,233, but you may pay more or less depending on your major.
Full University of Wisconsin - River Falls Business Administration & Management Report
University of Wisconsin - Green Bay came in at #13 in this year’s edition of the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. Located in Green Bay, Wisconsin, this medium-sized public school awarded 14 diplomas to qualified masters’s business administration students in 2019-2020.
Average graduate tuition and fees at UW - Green Bay are $19,126, but some majors have different tuition rates.
Full University of Wisconsin - Green Bay Business Administration & Management Report
University of Wisconsin - Eau Claire did quite well in the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking, coming in at #14. Eau Claire, Wisconsin is the setting for this fairly large institution of higher learning. The public school handed out masters’s business administration degrees to 75 students in 2019-2020.
On top of its placing in this ranking, UW - Eau Claire also did well on our “Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region” list. 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. Average graduate tuition and fees at University of Wisconsin - Eau Claire are $19,430, but you may pay more or less depending on your major.
Read more about Business Administration & Management at University of Wisconsin - Eau Claire
With a ranking of #15, University of Wisconsin - Platteville did quite well on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. Platteville, Wisconsin is the setting for this medium-sized institution of higher learning. The public school handed out masters’s business administration degrees to 128 students in 2019-2020.
On top of its placing in this ranking, UW - Platteville also did well on our “Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region” list. 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. Average graduate tuition and fees at University of Wisconsin - Platteville are $18,226, but some majors have different tuition rates.
Read full report on Business Administration & Management at University of Wisconsin - Platteville
University of Michigan - Dearborn came in at #16 in this year’s edition of the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. Dearborn, Michigan is the setting for this medium-sized institution of higher learning. The public school handed out masters’s business administration degrees to 70 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.
Full University of Michigan - Dearborn Business Administration & Management Report
Northern Illinois University came in at #17 in this year’s edition of the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. Northern Illinois University is a fairly large school located in Dekalb, Illinois that handed out 146 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 NIU are $11,086.
Read full report on Business Administration & Management at Northern Illinois University
Ohio State 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 Getting Aid ranking, coming in at #18. Located in Columbus, Ohio, this large public school awarded 298 degrees to qualified masters’s business administration students in 2019-2020.
Ohio State not only placed well in this ranking. It is also #7 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 Ohio State are $37,141.
Read full report on Business Administration & Management at Ohio State
Northwestern University came in at #19 in this year’s edition of the Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. Northwestern University is located in Evanston, Illinois and, has a large student population. In 2019-2020, this school awarded 325 masters’s business administration degrees to qualified students.
Northwestern not only placed well in this ranking. It is also #1 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 Northwestern University are $56,567.
Read full report on Business Administration & Management at Northwestern University
University of Illinois at Springfield landed the #20 spot on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. University of Illinois at Springfield is a public institution located in Springfield, Illinois. The school has a small population, and it awarded 35 masters’s degrees in 2019-2020.
Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Illinois at Springfield are $16,757.
Read more about Business Administration & Management at University of Illinois at Springfield
With a ranking of #21, Indiana University - Southeast did quite well on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid list. Indiana University - Southeast is a public institution located in New Albany, Indiana. The school has a small population, and it awarded 6 masters’s degrees in 2019-2020.
As a testament to the quality of education offered at Indiana University - Southeast, the school also landed the #0 spot in our “Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Indiana University - Southeast are $18,275, but some majors have different tuition rates.
Full Indiana University - Southeast Business Administration & Management Report
University of Southern Indiana did quite well in the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking, coming in at #22. USI is a public institution located in Evansville, Indiana. The school has a fairly large population, and it awarded 405 masters’s degrees in 2019-2020.
Although you might pay more or less depending on your area of study, average graduate tuition and fees at USI are $20,039.
Full University of Southern Indiana Business Administration & Management Report
Governors State University 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 Getting Aid ranking. This small school is located in University Park, Illinois, and it awarded 23 masters’s business administration degrees in 2019-2020.
Average graduate tuition and fees at Governors State University are $14,674, but some majors have different tuition rates.
Read more about Business Administration & Management at Governors State University
Oakland University landed the #24 spot on the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking. Located in Rochester Hills, Michigan, this fairly large public school handed out 106 diplomas to qualified masters’s business administration students in 2019-2020.
Oakland 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 Oakland are $24,648.
Read more about Business Administration & Management at Oakland
Ferris State University did quite well in the 2022 Best Value Business Administration Schools for a Master’s in the Great Lakes Region For Those Getting Aid ranking, coming in at #25. Ferris State University is located in Big Rapids, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 23 masters’s business administration degrees to qualified students.
Average graduate tuition and fees at Ferris State University are $7,908, but some majors have different tuition rates.
Read more about Business Administration & Management at Ferris
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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 $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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