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2022 Best Value Master’s Degree Colleges for Business Administration & Management in Michigan (With Aid)

26 Ranked Colleges
3,604 Degrees Awarded
$22,300 Avg Grad Tuition & Fees*
Best Value Business Administration Schools for a Master's in Michigan For Those Getting Aid

When pursuing a degree in today’s world, students have many different options to choose from. 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 Master’s in Michigan For Those Getting Aid” 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 master’s degree level specifically, there were 3,604 business administration and management graduates with average earnings and debt of $58,608 and $41,198 respectively.

This year’s “Best Value Business Administration Schools for a Master’s in Michigan For Those Getting Aid” ranking looked at 26 colleges that offer degrees in a bachelor’s 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.

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.

One Size Does Not Fit All

When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Business Administration Schools for a Master’s in Michigan For Those Getting Aid” list to help you make the college 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. If you’re torn between two schools, you can use it to help you see how they stack up against one another. Bookmark it so you can compare any new schools that might interest you.

Best Value Business Administration Schools for a Master’s in Michigan For Those Getting Aid

The following schools top our list of the Best Best Value Business Administration Schools for a Master’s in Michigan For Those Getting Aid.

Top 25 Best Value Master’s Degree Colleges for Business Administration & Management in Michigan (With Aid)

You’ll be in good company if you decide to attend University of Michigan - Ann Arbor. It ranked #1 on our 2022 Best Value Business Administration Schools for a Master’s in Michigan For Those Getting Aid list. University of Michigan - Ann Arbor is located in Ann Arbor, Michigan and, has a large student population. In 2019-2020, this school awarded 837 masters’s business administration degrees to qualified students.

U-M also took the #1 spot in our “Best Business Administration & Management Master’s Degree Schools in Michigan” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at U-M are $49,548.

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

#2

Michigan State University

East Lansing, Michigan

Out of the 26 schools in the Best Value Business Administration Schools for a Master’s in Michigan For Those Getting Aid that were part of this year’s ranking, Michigan State University landed the #2 spot on the list. Michigan State is a public institution located in East Lansing, Michigan. The school has a large population, and it awarded 346 masters’s degrees in 2019-2020.

Michigan State did well in our major quality rankings, too. It placed #2 on our “Best Business Administration & Management Master’s Degree Schools in Michigan” list. Average graduate tuition and fees at Michigan State are $37,056, but you may pay more or less depending on your major.

Full Michigan State Business Administration & Management Report

You’ll be in good company if you decide to attend University of Michigan - Dearborn. It ranked #3 on our 2022 Best Value Business Administration Schools for a Master’s in Michigan For Those Getting Aid list. 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.

UM Dearborn also made our “Best Business Administration & Management Master’s Degree Schools in Michigan” list, coming in at #15. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Michigan - Dearborn are $25,072.

Read full report on Business Administration & Management at University of Michigan - Dearborn

#4

Oakland University

Rochester Hills, Michigan

You’ll join some of the best and brightest minds around if you attend Oakland University. The school came in at #4 for the Best Value Business Administration Schools for a Master’s in Michigan For Those Getting Aid. Rochester Hills, Michigan is the setting for this fairly large institution of higher learning. The public school handed out masters’s business administration degrees to 106 students in 2019-2020.

Oakland also took the #5 spot in our “Best Business Administration & Management Master’s Degree Schools in Michigan” ranking. Average graduate tuition and fees at Oakland are $24,648, but some majors have different tuition rates.

Read more about Business Administration & Management at Oakland

#5

Ferris State University

Big Rapids, Michigan
#8 in overall quality

Out of the 26 schools in the Best Value Business Administration Schools for a Master’s in Michigan For Those Getting Aid that were part of this year’s ranking, Ferris State University landed the #5 spot on the list. Ferris 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.

Ferris did well in our major quality rankings, too. It placed #8 on our “Best Business Administration & Management Master’s Degree Schools in Michigan” list. Average graduate tuition and fees at Ferris are $7,908, but you may pay more or less depending on your major.

Read more about Business Administration & Management at Ferris State University

#6

Central Michigan University

Mount Pleasant, Michigan

Central Michigan University landed the #6 spot on the 2022 Best Value Business Administration Schools for a Master’s in Michigan For Those Getting Aid ranking. Central Michigan is a public institution located in Mount Pleasant, Michigan. The school has a fairly large population, and it awarded 547 masters’s degrees in 2019-2020.

Central Michigan did well in our major quality rankings, too. It placed #3 on our “Best Business Administration & Management Master’s Degree Schools in Michigan” list. Average graduate tuition and fees at Central Michigan University are $19,359, but you may pay more or less depending on your major.

Read full report on Business Administration & Management at Central Michigan University

#7

Wayne State University

Detroit, Michigan

With a ranking of #7, Wayne State University did quite well on the 2022 Best Value Business Administration Schools for a Master’s in Michigan For Those Getting Aid list. Wayne State is a large public school situated in Detroit, Michigan. It awarded 365 masters’s business administration degrees in 2019-2020.

Wayne State did well in our major quality rankings, too. It placed #10 on our “Best Business Administration & Management Master’s Degree Schools in Michigan” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Wayne State are $37,215.

Read full report on Business Administration & Management at Wayne State University

University of Michigan - Flint landed the #8 spot on the 2022 Best Value Business Administration Schools for a Master’s in Michigan For Those Getting Aid ranking. University of Michigan - Flint is a medium-sized school located in Flint, Michigan that handed out 73 masters’s business administration degrees in 2019-2020.

UM Flint also made our “Best Business Administration & Management Master’s Degree Schools in Michigan” list, coming in at #20. Average graduate tuition and fees at University of Michigan - Flint are $18,202, but some majors have different tuition rates.

Read full report on Business Administration & Management at University of Michigan - Flint

Michigan Technological University ranked #8 on this year’s Best Value Business Administration Schools for a Master’s in Michigan For Those Getting Aid list. Michigan Tech is a public institution located in Houghton, Michigan. The school has a medium-sized population, and it awarded 24 masters’s degrees in 2019-2020.

Michigan Tech also took the #12 spot in our “Best Business Administration & Management Master’s Degree Schools in Michigan” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Michigan Tech are $21,996.

Full Michigan Tech Business Administration & Management Report

#10

Western Michigan University

Kalamazoo, Michigan

Western Michigan University did quite well in the 2022 Best Value Business Administration Schools for a Master’s in Michigan For Those Getting Aid ranking, coming in at #10. This fairly large school is located in Kalamazoo, Michigan, and it awarded 95 masters’s business administration degrees in 2019-2020.

WMU did well in our major quality rankings, too. It placed #6 on our “Best Business Administration & Management Master’s Degree Schools in Michigan” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Western Michigan University are $31,355.

Read full report on Business Administration & Management at WMU

#11

Cleary University

Howell, Michigan

Cleary University did quite well in the 2022 Best Value Business Administration Schools for a Master’s in Michigan For Those Getting Aid ranking, coming in at #11. This small school is located in Howell, Michigan, and it awarded 23 masters’s business administration degrees in 2019-2020.

Cleary College did well in our major quality rankings, too. It placed #17 on our “Best Business Administration & Management Master’s Degree Schools in Michigan” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Cleary College are $16,538.

Full Cleary College Business Administration & Management Report

#12

Saginaw Valley State University

University Center, Michigan

Saginaw Valley State University ranked #12 on this year’s Best Value Business Administration Schools for a Master’s in Michigan For Those Getting Aid list. Saginaw Valley State University is located in University Center, Michigan and, has a medium-sized student population. In 2019-2020, this school awarded 13 masters’s business administration degrees to qualified students.

Saginaw Valley State University did well in our major quality rankings, too. It placed #24 on our “Best Business Administration & Management Master’s Degree Schools in Michigan” list. Average graduate tuition and fees at Saginaw Valley State University are $28,780, but some majors have different tuition rates.

Full Saginaw Valley State University Business Administration & Management Report

#13

Eastern Michigan University

Ypsilanti, Michigan

With a ranking of #13, Eastern Michigan University did quite well on the 2022 Best Value Business Administration Schools for a Master’s in Michigan For Those Getting Aid list. Eastern Michigan is located in Ypsilanti, Michigan and, has a fairly large student population. In 2019-2020, this school awarded 45 masters’s business administration degrees to qualified students.

As a testament to the quality of education offered at Eastern Michigan, the school also landed the #13 spot in our “Best Business Administration & Management Master’s Degree Schools in Michigan” ranking. Average graduate tuition and fees at Eastern Michigan are $26,552, but you may pay more or less depending on your major.

Read more about Business Administration & Management at Eastern Michigan

#14

Baker College

Owosso, Michigan

Baker College ranked #14 on this year’s Best Value Business Administration Schools for a Master’s in Michigan For Those Getting Aid list. Located in Owosso, Michigan, this medium-sized private not-for-profit school awarded 30 degrees to qualified masters’s business administration students in 2019-2020.

Baker College also made our “Best Business Administration & Management Master’s Degree Schools in Michigan” list, coming in at #25. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Baker College are $12,710.

Full Baker College Business Administration & Management Report

#15

University of Detroit Mercy

Detroit, Michigan

University of Detroit Mercy did quite well in the 2022 Best Value Business Administration Schools for a Master’s in Michigan For Those Getting Aid ranking, coming in at #15. University of Detroit Mercy is a small private not-for-profit school situated in Detroit, Michigan. It awarded 40 masters’s business administration degrees in 2019-2020.

In addition to being on our michigan master’s degree business administration students with aid list, Detroit Mercy has also earned the #19 rank in our “Best Business Administration & Management Master’s Degree Schools in Michigan” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Detroit Mercy are $20,047.

Read full report on Business Administration & Management at Detroit Mercy

#16

Northern Michigan University

Marquette, Michigan

Northern Michigan University ranked #16 on this year’s Best Value Business Administration Schools for a Master’s in Michigan For Those Getting Aid list. Northern Michigan University is a medium-sized school located in Marquette, Michigan that handed out 9 masters’s business administration degrees in 2019-2020.

Northern Michigan University also took the #0 spot in our “Best Business Administration & Management Master’s Degree Schools in Michigan” ranking. Average graduate tuition and fees at Northern Michigan University are $13,660, but you may pay more or less depending on your major.

Full Northern Michigan University Business Administration & Management Report

#17

Northwood University

Midland, Michigan

Northwood University ranked #17 on this year’s Best Value Business Administration Schools for a Master’s in Michigan For Those Getting Aid list. Northwood is a small private not-for-profit school situated in Midland, Michigan. It awarded 179 masters’s business administration degrees in 2019-2020.

Northwood did well in our major quality rankings, too. It placed #7 on our “Best Business Administration & Management Master’s Degree Schools in Michigan” list. Average graduate tuition and fees at Northwood University are $37,080, but some majors have different tuition rates.

Read full report on Business Administration & Management at Northwood University

#18

Madonna University

Livonia, Michigan
#18 in overall quality

Madonna University came in at #18 in this year’s edition of the Best Value Business Administration Schools for a Master’s in Michigan For Those Getting Aid ranking. Madonna is a private not-for-profit institution located in Livonia, Michigan. The school has a small population, and it awarded 21 masters’s degrees in 2019-2020.

Madonna also made our “Best Business Administration & Management Master’s Degree Schools in Michigan” list, coming in at #18. Average graduate tuition and fees at Madonna University are $16,200, but you may pay more or less depending on your major.

Read full report on Business Administration & Management at Madonna

#19

Davenport University

Grand Rapids, Michigan

With a ranking of #19, Davenport University did quite well on the 2022 Best Value Business Administration Schools for a Master’s in Michigan For Those Getting Aid list. Located in Grand Rapids, Michigan, this medium-sized private not-for-profit school awarded 215 diplomas to qualified masters’s business administration students in 2019-2020.

As a testament to the quality of education offered at Davenport University, the school also landed the #16 spot in our “Best Business Administration & Management Master’s Degree Schools in Michigan” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Davenport University are $16,636.

Read more about Business Administration & Management at Davenport University

#20

Siena Heights University

Adrian, Michigan

Siena Heights University ranked #20 on this year’s Best Value Business Administration Schools for a Master’s in Michigan For Those Getting Aid list. Adrian, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out masters’s business administration degrees to 57 students in 2019-2020.

In addition to being on our michigan master’s degree business administration students with aid list, Siena Heights University has also earned the #21 rank in our “Best Business Administration & Management Master’s Degree Schools in Michigan” ranking. Average graduate tuition and fees at Siena Heights University are $12,728, but you may pay more or less depending on your major.

Read full report on Business Administration & Management at Siena Heights University

#21

Spring Arbor University

Spring Arbor, Michigan
#14 in overall quality

Spring Arbor University did quite well in the 2022 Best Value Business Administration Schools for a Master’s in Michigan For Those Getting Aid ranking, coming in at #21. Spring Arbor is a small school located in Spring Arbor, Michigan that handed out 55 masters’s business administration degrees in 2019-2020.

As a testament to the quality of education offered at Spring Arbor, the school also landed the #14 spot in our “Best Business Administration & Management Master’s Degree Schools in Michigan” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Spring Arbor University are $8,232.

Read full report on Business Administration & Management at Spring Arbor University

#22

Cornerstone University

Grand Rapids, Michigan

Cornerstone University came in at #22 in this year’s edition of the Best Value Business Administration Schools for a Master’s in Michigan For Those Getting Aid ranking. Grand Rapids, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out masters’s business administration degrees to 44 students in 2019-2020.

Cornerstone did well in our major quality rankings, too. It placed #23 on our “Best Business Administration & Management Master’s Degree Schools in Michigan” list. Average graduate tuition and fees at Cornerstone are $14,710, but you may pay more or less depending on your major.

Full Cornerstone Business Administration & Management Report

#23

Andrews University

Berrien Springs, Michigan

Andrews University ranked #23 on this year’s Best Value Business Administration Schools for a Master’s in Michigan For Those Getting Aid list. Andrews University is a small school located in Berrien Springs, Michigan that handed out 32 masters’s business administration degrees in 2019-2020.

As a testament to the quality of education offered at Andrews, the school also landed the #22 spot in our “Best Business Administration & Management Master’s Degree Schools in Michigan” ranking. Average graduate tuition and fees at Andrews University are $28,910, but you may pay more or less depending on your major.

Read more about Business Administration & Management at Andrews University

#24

Kettering University

Flint, Michigan

Kettering University ranked #24 on this year’s Best Value Business Administration Schools for a Master’s in Michigan For Those Getting Aid list. Flint, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out masters’s business administration degrees to 59 students in 2019-2020.

Kettering also took the #4 spot in our “Best Business Administration & Management Master’s Degree Schools in Michigan” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Kettering University are $15,252.

Read more about Business Administration & Management at Kettering University

#25

Concordia University, Ann Arbor

Ann Arbor, Michigan

Concordia University, Ann Arbor came in at #25 in this year’s edition of the Best Value Business Administration Schools for a Master’s in Michigan For Those Getting Aid ranking. Concordia University, Ann Arbor is located in Ann Arbor, Michigan and, has a small student population. In 2019-2020, this school awarded 8 masters’s business administration degrees to qualified students.

Concordia University, Ann Arbor also made our “Best Business Administration & Management Master’s Degree Schools in Michigan” list, coming in at #0. Average graduate tuition and fees at Concordia University, Ann Arbor are $12,620, but you may pay more or less depending on your major.

Full Concordia University, Ann Arbor 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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