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2022 Best Value Master’s Degree Colleges for General Business/Commerce (Income $30-$48k)

105 Ranked Colleges
8,782 Degrees Awarded
$33,600 Avg Grad Tuition & Fees*
Best Value General Business Schools for a Master's For Those Making $30-$48k

When pursuing a degree in today’s world, students have many different options to choose from. 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 General Business Schools for a Master’s For Those Making $30-$48k” ranking is one tool we have developed to help in this regard.

In 2019-2020, 55,749 general business/commerce students received their degree, making the major the 9th most popular in the country.

At the master’s degree level specifically, there were 8,782 general business/commerce graduates with average earnings and debt of $56,398 and $43,194 respectively.

This year’s “Best Value General Business Schools for a Master’s For Those Making $30-$48k” ranking analyzed 105 colleges that offered a degree in general business/commerce. The schools that top this list are recognized because they have great general business/commerce programs and cost less that schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the general business/commerce program at the school and the cost to attend the school once aid has been awarded. Check out our ranking methodology for more information.

One Size Does Not Fit All

Since picking the right college can be one of the most important decisions of your life, we’ve developed the “Best Value General Business Schools for a Master’s For Those Making $30-$48k” ranking, along with many other major-related rankings, to help you make that decision.

We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to 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 General Business Schools for a Master’s For Those Making $30-$48k

The following schools top our list of the Best Best Value General Business Schools for a Master’s For Those Making $30-$48k.

Top 25 Best Value Master’s Degree Colleges for General Business/Commerce (Income $30-$48k)

#1

Massachusetts Institute of Technology

Cambridge, Massachusetts
#3 in overall quality

You’ll be in good company if you decide to attend Massachusetts Institute of Technology. It ranked #1 on our 2022 Best Value General Business Schools for a Master’s For Those Making $30-$48k list. Cambridge, Massachusetts is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out masters’s general business degrees to 40 students in 2019-2020.

MIT did well in our major quality rankings, too. It placed #3 on our “Best General Business/Commerce Master’s Degree Schools” list. Average graduate tuition and fees at MIT are $56,719, but you may pay more or less depending on your major.

Full MIT General Business/Commerce Report

#2

Northwestern University

Evanston, Illinois
#1 in overall quality

Out of the 105 schools in the Best Value General Business Schools for a Master’s For Those Making $30-$48k that were part of this year’s ranking, Northwestern University landed the #2 spot on the list. Northwestern is a private not-for-profit institution located in Evanston, Illinois. The school has a large population, and it awarded 1,048 masters’s degrees in 2019-2020.

As a testament to the quality of education offered at Northwestern, the school also landed the #1 spot in our “Best General Business/Commerce Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Northwestern University are $56,567.

Full Northwestern General Business/Commerce Report

#3

University of Chicago

Chicago, Illinois
#4 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Chicago. The school came in at #3 for the Best Value General Business Schools for a Master’s For Those Making $30-$48k. UChicago is a fairly large private not-for-profit school situated in Chicago, Illinois. It awarded 11 masters’s general business degrees in 2019-2020.

In addition to being on our master’s degree general business students whose families make $30-$48k list, UChicago has also earned the #4 rank in our “Best General Business/Commerce Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Chicago are $61,548.

Read more about General Business/Commerce at UChicago

#4

Harvard University

Cambridge, Massachusetts
#16 in overall quality

You’ll join some of the best and brightest minds around if you attend Harvard University. The school came in at #4 for the Best Value General Business Schools for a Master’s For Those Making $30-$48k. Harvard is a large private not-for-profit school situated in Cambridge, Massachusetts. It awarded 12 masters’s general business degrees in 2019-2020.

In addition to being on our master’s degree general business students whose families make $30-$48k list, Harvard has also earned the #16 rank in our “Best General Business/Commerce Master’s Degree Schools” ranking. Average graduate tuition and fees at Harvard are $50,654, but some majors have different tuition rates.

Full Harvard University General Business/Commerce Report

#5

Johns Hopkins University

Baltimore, Maryland
#2 in overall quality

Out of the 105 schools in the Best Value General Business Schools for a Master’s For Those Making $30-$48k that were part of this year’s ranking, Johns Hopkins University landed the #5 spot on the list. Johns Hopkins is a private not-for-profit institution located in Baltimore, Maryland. The school has a large population, and it awarded 320 masters’s degrees in 2019-2020.

Johns Hopkins also took the #2 spot in our “Best General Business/Commerce Master’s Degree Schools” ranking. Average graduate tuition and fees at Johns Hopkins are $59,425, but some majors have different tuition rates.

Read more about General Business/Commerce at Johns Hopkins

#6

University of Notre Dame

Notre Dame, Indiana
#5 in overall quality

University of Notre Dame ranked #6 on this year’s Best Value General Business Schools for a Master’s For Those Making $30-$48k list. Located in Notre Dame, Indiana, this fairly large private not-for-profit school handed out 46 diplomas to qualified masters’s general business students in 2019-2020.

Notre Dame not only placed well in this ranking. It is also #5 on our “Best General Business/Commerce Master’s Degree Schools” list. Average graduate tuition and fees at Notre Dame are $57,522, but some majors have different tuition rates.

Full Notre Dame General Business/Commerce Report

#7 in overall quality

University of Wisconsin - Madison ranked #7 on this year’s Best Value General Business Schools for a Master’s For Those Making $30-$48k list. University of Wisconsin - Madison is a large public school situated in Madison, Wisconsin. It awarded 94 masters’s general business degrees in 2019-2020.

UW - Madison did well in our major quality rankings, too. It placed #7 on our “Best General Business/Commerce Master’s Degree Schools” 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 General Business/Commerce at University of Wisconsin - Madison

#8

Indiana University - Bloomington

Bloomington, Indiana
#6 in overall quality

Indiana University - Bloomington came in at #8 in this year’s edition of the Best Value General Business Schools for a Master’s For Those Making $30-$48k ranking. Indiana University - Bloomington is a large school located in Bloomington, Indiana that handed out 905 masters’s general business degrees in 2019-2020.

IU Bloomington also took the #6 spot in our “Best General Business/Commerce Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Indiana University - Bloomington are $33,338.

Read more about General Business/Commerce at IU Bloomington

#9

Northeastern University

Boston, Massachusetts
#8 in overall quality

Northeastern University came in at #9 in this year’s edition of the Best Value General Business Schools for a Master’s For Those Making $30-$48k ranking. Northeastern is located in Boston, Massachusetts and, has a large student population. In 2019-2020, this school awarded 156 masters’s general business degrees to qualified students.

Northeastern also took the #8 spot in our “Best General Business/Commerce Master’s Degree Schools” ranking. Average graduate tuition and fees at Northeastern University are $25,558, but you may pay more or less depending on your major.

Read full report on General Business/Commerce at Northeastern University

#10

University of Central Florida

Orlando, Florida

University of Central Florida did quite well in the 2022 Best Value General Business Schools for a Master’s For Those Making $30-$48k ranking, coming in at #10. University of Central Florida is located in Orlando, Florida and, has a large student population. In 2019-2020, this school awarded 259 masters’s general business degrees to qualified students.

Average graduate tuition and fees at University of Central Florida are $28,657, but some majors have different tuition rates.

Read full report on General Business/Commerce at University of Central Florida

#11

Florida State University

Tallahassee, Florida
#19 in overall quality

Florida State University came in at #11 in this year’s edition of the Best Value General Business Schools for a Master’s For Those Making $30-$48k ranking. This large school is located in Tallahassee, Florida, and it awarded 168 masters’s general business degrees in 2019-2020.

Florida State also took the #19 spot in our “Best General Business/Commerce Master’s Degree Schools” ranking. Average graduate tuition and fees at Florida State are $26,707, but some majors have different tuition rates.

Full Florida State General Business/Commerce Report

University of South Florida - Main Campus did quite well in the 2022 Best Value General Business Schools for a Master’s For Those Making $30-$48k ranking, coming in at #12. University of South Florida - Main Campus is located in Tampa, Florida and, has a large student population. In 2019-2020, this school awarded 33 masters’s general business degrees to qualified students.

Average graduate tuition and fees at University of South Florida - Main Campus are $21,126, but you may pay more or less depending on your major.

Read full report on General Business/Commerce at USF Tampa

Indiana University - Northwest landed the #13 spot on the 2022 Best Value General Business Schools for a Master’s For Those Making $30-$48k ranking. Indiana University - Northwest is a small school located in Gary, Indiana that handed out 41 masters’s general business degrees in 2019-2020.

Average graduate tuition and fees at IU Northwest are $18,275, but you may pay more or less depending on your major.

Full IU Northwest General Business/Commerce Report

Indiana University - Purdue University - Indianapolis came in at #14 in this year’s edition of the Best Value General Business Schools for a Master’s For Those Making $30-$48k ranking. This large school is located in Indianapolis, Indiana, and it awarded 190 masters’s general business degrees in 2019-2020.

Average graduate tuition and fees at IUPUI are $26,013, but some majors have different tuition rates.

Read more about General Business/Commerce at Indiana University - Purdue University - Indianapolis

#15

Northern Kentucky University

Highland Heights, Kentucky

With a ranking of #15, Northern Kentucky University did quite well on the 2022 Best Value General Business Schools for a Master’s For Those Making $30-$48k list. Northern Kentucky University is located in Highland Heights, Kentucky and, has a fairly large student population. In 2019-2020, this school awarded 100 masters’s general business degrees to qualified students.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at Northern Kentucky University are $17,358.

Read more about General Business/Commerce at NKU

#16

University of North Florida

Jacksonville, Florida

University of North Florida came in at #16 in this year’s edition of the Best Value General Business Schools for a Master’s For Those Making $30-$48k ranking. University of North Florida is a public institution located in Jacksonville, Florida. The school has a fairly large population, and it awarded 49 masters’s degrees in 2019-2020.

Average graduate tuition and fees at University of North Florida are $21,930, but some majors have different tuition rates.

Read more about General Business/Commerce at University of North Florida

#17

University of Wisconsin - Whitewater

Whitewater, Wisconsin
#24 in overall quality

University of Wisconsin - Whitewater did quite well in the 2022 Best Value General Business Schools for a Master’s For Those Making $30-$48k ranking, coming in at #17. Whitewater, Wisconsin is the setting for this fairly large institution of higher learning. The public school handed out masters’s general business degrees to 204 students in 2019-2020.

As a testament to the quality of education offered at UW - Whitewater, the school also landed the #24 spot in our “Best General Business/Commerce Master’s Degree Schools” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UW - Whitewater are $19,200.

Read full report on General Business/Commerce at UW - Whitewater

#18

University of Maryland - College Park

College Park, Maryland
#13 in overall quality

University of Maryland - College Park did quite well in the 2022 Best Value General Business Schools for a Master’s For Those Making $30-$48k ranking, coming in at #18. This large school is located in College Park, Maryland, and it awarded 7 masters’s general business degrees in 2019-2020.

As a testament to the quality of education offered at UMCP, the school also landed the #13 spot in our “Best General Business/Commerce Master’s Degree Schools” ranking. Average graduate tuition and fees at University of Maryland - College Park are $30,885, but you may pay more or less depending on your major.

Read full report on General Business/Commerce at University of Maryland - College Park

#19

University of Missouri - St Louis

Saint Louis, Missouri

University of Missouri - St Louis ranked #19 on this year’s Best Value General Business 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 public school handed out masters’s general business degrees to 124 students in 2019-2020.

Average graduate tuition and fees at University of Missouri - St Louis are $30,154, but some majors have different tuition rates.

Read full report on General Business/Commerce at UMSL

#17 in overall quality

University of Missouri - Columbia did quite well in the 2022 Best Value General Business Schools for a Master’s For Those Making $30-$48k ranking, coming in at #20. University of Missouri - Columbia is a public institution located in Columbia, Missouri. The school has a large population, and it awarded 61 masters’s degrees in 2019-2020.

Mizzou did well in our major quality rankings, too. It placed #17 on our “Best General Business/Commerce 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 Missouri - Columbia are $27,193.

Full Mizzou General Business/Commerce Report

#21

Indiana University - Kokomo

Kokomo, Indiana

Indiana University - Kokomo did quite well in the 2022 Best Value General Business Schools for a Master’s For Those Making $30-$48k ranking, coming in at #21. IU Kokomo is a small school located in Kokomo, Indiana that handed out 25 masters’s general business degrees in 2019-2020.

Average graduate tuition and fees at Indiana University - Kokomo are $18,275, but you may pay more or less depending on your major.

Full Indiana University - Kokomo General Business/Commerce Report

#22

Indiana University - South Bend

South Bend, Indiana

Indiana University - South Bend landed the #22 spot on the 2022 Best Value General Business Schools for a Master’s For Those Making $30-$48k ranking. Indiana University - South Bend is a small public school situated in South Bend, Indiana. It awarded 15 masters’s general business degrees in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at Indiana University - South Bend are $18,275.

Full Indiana University - South Bend General Business/Commerce Report

#23

Citadel Military College of South Carolina

Charleston, South Carolina

Citadel Military College of South Carolina came in at #23 in this year’s edition of the Best Value General Business Schools for a Master’s For Those Making $30-$48k ranking. The Citadel is a public institution located in Charleston, South Carolina. The school has a small population, and it awarded 88 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 The Citadel are $18,540.

Read more about General Business/Commerce at The Citadel

#24

West Virginia University

Morgantown, West Virginia

With a ranking of #24, West Virginia University did quite well on the 2022 Best Value General Business Schools for a Master’s For Those Making $30-$48k list. West Virginia University is located in Morgantown, West Virginia and, has a large student population. In 2019-2020, this school awarded 124 masters’s general business degrees to qualified students.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at WVU are $26,154.

Read more about General Business/Commerce at WVU

#25

Tulane University of Louisiana

New Orleans, Louisiana
#9 in overall quality

Tulane University of Louisiana did quite well in the 2022 Best Value General Business Schools for a Master’s For Those Making $30-$48k ranking, coming in at #25. Tulane University of Louisiana is a private not-for-profit institution located in New Orleans, Louisiana. The school has a fairly large population, and it awarded 99 masters’s degrees in 2019-2020.

Tulane also made our “Best General Business/Commerce Master’s Degree Schools” list, coming in at #9. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Tulane are $61,176.

Read more about General Business/Commerce at Tulane

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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