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2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k

19 Ranked Colleges
3,159 Degrees Awarded
$26,500 Avg Grad Tuition & Fees*
Best Value General Business Schools for a Master's in the Great Lakes Region For Those Making $48-$75k

When it comes to choosing a college, students have a lot of options - but not all of them are good. At College Factual, we’re committed to helping you make that decision by providing information such as that found in our “Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k” ranking.

General Business/Commerce is the 13th most popular major in the country with 55,749 degrees awarded in 2019-2020. In 2017-2018, general business/commerce graduates who were awarded their degree in 2015-2017, earned an average of $40,821 and had an average of $25,596 in loans still to pay off.

Across the Great Lakes region, there were 10,177 general business/commerce graduates with average earnings and debt of $42,581 and $26,197 respectively. At the master’s degree level specifically, there were 3,159 general business/commerce graduates with average earnings and debt of $57,039 and $42,488 respectively.

This year’s “Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k” ranking analyzed 19 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.

To come up with these rankings, we looked at factors such as the cost to attend the school after aid is awarded and overall quality of the general business/commerce program at the school. Check out our ranking methodology for more information.

One Size Does Not Fit All

The general business school you choose to invest your time and money in matters. To help you make the decision that is right for you, we’ve developed a number of major-specific rankings, including this list of “Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k”.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. When you have some time, check it out - you may want to bookmark the link so you don’t forget it.

Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k

The following schools top our list of the Best Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k.

Top 19 Best Value Master’s Degree Colleges for General Business/Commerce (Income $48-$75k) in the Great Lakes Region

#1

Northwestern University

Evanston, Illinois

Out of the 19 schools in the Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k that were part of this year’s ranking, Northwestern University landed the #1 spot on the list. Northwestern is located in Evanston, Illinois and, has a large student population. In 2019-2020, this school awarded 1,048 masters’s general business degrees to qualified students.

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 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 Northwestern University are $56,567.

Full Northwestern General Business/Commerce Report

#2

University of Chicago

Chicago, Illinois
#2 in overall quality

You’ll be in good company if you decide to attend University of Chicago. It ranked #2 on our 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. Located in Chicago, Illinois, this fairly large private not-for-profit school awarded 11 degrees to qualified masters’s general business students in 2019-2020.

In addition to being on our great lakes region master’s degree general business students whose families make $48-$75k list, UChicago has also earned the #2 rank in our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at University of Chicago are $61,548, but some majors have different tuition rates.

Read full report on General Business/Commerce at University of Chicago

#3

University of Notre Dame

Notre Dame, Indiana
#3 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Notre Dame. The school came in at #3 for the Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k. University of Notre Dame is a fairly large school located in Notre Dame, Indiana that handed out 46 masters’s general business degrees in 2019-2020.

Notre Dame did well in our major quality rankings, too. It placed #3 on our “Best General Business/Commerce 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 Notre Dame are $57,522.

Full University of Notre Dame General Business/Commerce Report

Out of the 19 schools in the Best Value General Business 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 Wisconsin - Madison landed the #4 spot on the list. UW - Madison is a large public school situated in Madison, Wisconsin. It awarded 94 masters’s general business degrees in 2019-2020.

In addition to being on our great lakes region master’s degree general business students whose families make $48-$75k list, UW - Madison has also earned the #5 rank in our “Best General Business/Commerce 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 - Madison are $25,523.

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

#5

Indiana University - Bloomington

Bloomington, Indiana

Out of the 19 schools in the Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k that were part of this year’s ranking, Indiana University - Bloomington landed the #5 spot on the list. Located in Bloomington, Indiana, this large public school awarded 905 diplomas to qualified masters’s general business students in 2019-2020.

IU Bloomington not only placed well in this ranking. It is also #4 on our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at IU Bloomington are $33,338, but some majors have different tuition rates.

Read more about General Business/Commerce at IU Bloomington

With a ranking of #6, Indiana University - Northwest did quite well on the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. IU Northwest is a small public school situated in Gary, Indiana. It awarded 41 masters’s general business degrees in 2019-2020.

IU Northwest also took the #16 spot in our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at IU Northwest are $18,275, but you may pay more or less depending on your major.

Read full report on General Business/Commerce at Indiana University - Northwest

Indiana University - Purdue University - Indianapolis ranked #7 on this year’s Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. IUPUI is a large school located in Indianapolis, Indiana that handed out 190 masters’s general business degrees in 2019-2020.

In addition to being on our great lakes region master’s degree general business students whose families make $48-$75k list, IUPUI has also earned the #9 rank in our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at IUPUI are $26,013, but you may pay more or less depending on your major.

Read more about General Business/Commerce at IUPUI

With a ranking of #8, University of Wisconsin - Whitewater did quite well on the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. University of Wisconsin - Whitewater is located in Whitewater, Wisconsin and, has a fairly large student population. In 2019-2020, this school awarded 204 masters’s general business degrees to qualified students.

As a testament to the quality of education offered at UW - Whitewater, the school also landed the #7 spot in our “Best General Business/Commerce 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 - Whitewater are $19,200.

Read more about General Business/Commerce at University of Wisconsin - Whitewater

Indiana University - Kokomo did quite well in the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #9. IU Kokomo is a public institution located in Kokomo, Indiana. The school has a small population, and it awarded 25 masters’s degrees in 2019-2020.

IU Kokomo not only placed well in this ranking. It is also #17 on our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Indiana University - Kokomo are $18,275, but some majors have different tuition rates.

Read more about General Business/Commerce at Indiana University - Kokomo

#10

Indiana University - South Bend

South Bend, Indiana

Indiana University - South Bend came in at #10 in this year’s edition of the Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking. Located in South Bend, Indiana, this small public school awarded 15 diplomas to qualified masters’s general business students in 2019-2020.

Indiana University - South Bend also took the #15 spot in our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Indiana University - South Bend are $18,275, but some majors have different tuition rates.

Read full report on General Business/Commerce at Indiana University - South Bend

#11

Grand Valley State University

Allendale, Michigan

Grand Valley State University ranked #11 on this year’s Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. Grand Valley State University is a large school located in Allendale, Michigan that handed out 68 masters’s general business degrees in 2019-2020.

GVSU also made our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list, coming in at #11. Average graduate tuition and fees at Grand Valley State University are $17,448, but you may pay more or less depending on your major.

Read more about General Business/Commerce at Grand Valley State University

#12

Indiana University - Southeast

New Albany, Indiana

With a ranking of #12, Indiana University - Southeast did quite well on the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. Located in New Albany, Indiana, this small public school handed out 30 degrees to qualified masters’s general business students in 2019-2020.

In addition to being on our great lakes region master’s degree general business students whose families make $48-$75k list, Indiana University - Southeast has also earned the #13 rank in our “Best General Business/Commerce 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.

Read full report on General Business/Commerce at Indiana University - Southeast

#13

Michigan State University

East Lansing, Michigan

With a ranking of #13, Michigan State University did quite well on the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. This large school is located in East Lansing, Michigan, and it awarded 91 masters’s general business degrees in 2019-2020.

Michigan State did well in our major quality rankings, too. It placed #8 on our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Michigan State are $37,056, but you may pay more or less depending on your major.

Read more about General Business/Commerce at Michigan State

#14

Purdue University Fort Wayne

Fort Wayne, Indiana

Purdue University Fort Wayne did quite well in the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #14. Fort Wayne, Indiana is the setting for this medium-sized institution of higher learning. The public school handed out masters’s general business degrees to 41 students in 2019-2020.

As a testament to the quality of education offered at PFW, the school also landed the #12 spot in our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Purdue University Fort Wayne are $14,618, but some majors have different tuition rates.

Read more about General Business/Commerce at PFW

#15

Ball State University

Muncie, Indiana

With a ranking of #15, Ball State University did quite well on the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. Located in Muncie, Indiana, this large public school handed out 86 degrees to qualified masters’s general business students in 2019-2020.

Ball State did well in our major quality rankings, too. It placed #10 on our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list. Average graduate tuition and fees at Ball State University are $26,204, but some majors have different tuition rates.

Full Ball State General Business/Commerce Report

#16

Youngstown State University

Youngstown, Ohio
#14 in overall quality

Youngstown State University ranked #16 on this year’s Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. Youngstown, Ohio is the setting for this fairly large institution of higher learning. The public school handed out masters’s general business degrees to 32 students in 2019-2020.

Youngstown State University not only placed well in this ranking. It is also #14 on our “Best General Business/Commerce 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 Youngstown State University are $9,495.

Read full report on General Business/Commerce at Youngstown State University

#17

Indiana Institute of Technology

Fort Wayne, Indiana

Indiana Institute of Technology landed the #17 spot on the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking. Located in Fort Wayne, Indiana, this small private not-for-profit school awarded 99 degrees to qualified masters’s general business students in 2019-2020.

Indiana Tech also made our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list, coming in at #18. Average graduate tuition and fees at Indiana Institute of Technology are $10,026, but some majors have different tuition rates.

Full Indiana Tech General Business/Commerce Report

#18

Roosevelt University

Chicago, Illinois

Roosevelt University did quite well in the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k ranking, coming in at #18. Located in Chicago, Illinois, this small private not-for-profit school handed out 5 diplomas to qualified masters’s general business students in 2019-2020.

Roosevelt also took the #0 spot in our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” ranking. Average graduate tuition and fees at Roosevelt are $21,605, but you may pay more or less depending on your major.

Full Roosevelt University General Business/Commerce Report

#19

Xavier University

Cincinnati, Ohio
#6 in overall quality

With a ranking of #19, Xavier University did quite well on the 2022 Best Value General Business Schools for a Master’s in the Great Lakes Region For Those Making $48-$75k list. Xavier University is a private not-for-profit institution located in Cincinnati, Ohio. The school has a medium-sized population, and it awarded 128 masters’s degrees in 2019-2020.

Xavier also made our “Best General Business/Commerce Master’s Degree Schools in the Great Lakes Region” list, coming in at #6. Average graduate tuition and fees at Xavier University are $12,076, but some majors have different tuition rates.

Full Xavier University General Business/Commerce 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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