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2022 Best Value General Business Schools for a Master’s For Those Getting Aid

105 Ranked Colleges
8,782 Degrees Awarded
$27,100 Avg Grad Tuition & Fees*
Best Value General Business Schools for a Master's For Those Getting Aid

It’s not easy to decide which college to attend when there so many options available for students. 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 General Business Schools for a Master’s For Those Getting Aid” ranking is part of that endeavor.

In 2019-2020, 55,749 people earned their degree in general business/commerce, making the major the 13th most popular in the United States. 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.

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.

For this year’s “Best Value General Business Schools for a Master’s For Those Getting Aid” ranking, we looked at 105 colleges that offer a degree in general business/commerce. This ranking identifies schools with high-quality general business/commerce 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 general business/commerce program at the school and the cost of the school after aid is awarded among other things. See our ranking methodology to learn more.

One Size Does Not Fit All

Since the program you select can have a significant impact on your future, we’ve developed a number of rankings, including this “Best Value General Business Schools for a Master’s For Those Getting Aid” list, to help you choose the best school for you.

You can create your own custom comparison that focuses on the factors most important to you using our tool, College Combat. Test it out by comparing your favorite schools against others you are considering, or bookmark the tool so you can experiment with it later.

Best Value General Business Schools for a Master’s For Those Getting Aid

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

Top 25 Best Value Master’s Degree Colleges for General Business/Commerce (With Aid)

#1

Indiana University - Bloomington

Bloomington, Indiana

Out of the 105 schools in the Best Value General Business Schools for a Master’s For Those Getting Aid that were part of this year’s ranking, Indiana University - Bloomington landed the #1 spot on the list. Indiana University - Bloomington is a large public school situated in Bloomington, Indiana. It awarded 905 masters’s general business degrees in 2019-2020.

IU Bloomington did well in our major quality rankings, too. It placed #6 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 Indiana University - Bloomington are $33,338.

Full Indiana University - Bloomington General Business/Commerce Report

#2

Massachusetts Institute of Technology

Cambridge, Massachusetts

You’ll join some of the best and brightest minds around if you attend Massachusetts Institute of Technology. The school came in at #2 for the Best Value General Business Schools for a Master’s For Those Getting Aid. 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 not only placed well in this ranking. It is also #3 on our “Best General Business/Commerce Master’s Degree Schools” list. Average graduate tuition and fees at Massachusetts Institute of Technology are $56,719, but some majors have different tuition rates.

Read more about General Business/Commerce at Massachusetts Institute of Technology

You’ll join some of the best and brightest minds around if you attend University of Wisconsin - Madison. The school came in at #3 for the Best Value General Business Schools for a Master’s For Those Getting Aid. University of Wisconsin - Madison is located in Madison, Wisconsin and, has a large student population. In 2019-2020, this school awarded 94 masters’s general business degrees to qualified students.

In addition to being on our master’s degree general business students with aid list, UW - Madison has also earned the #7 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 UW - Madison are $25,523.

Read more about General Business/Commerce at UW - Madison

You’ll be in good company if you decide to attend Indiana University - Northwest. It ranked #4 on our 2022 Best Value General Business Schools for a Master’s For Those Getting Aid list. Indiana University - Northwest is a public institution located in Gary, Indiana. The school has a small population, and it awarded 41 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 Indiana University - Northwest are $18,275.

Read full report on General Business/Commerce at IU Northwest

You’ll join some of the best and brightest minds around if you attend University of Central Florida. The school came in at #5 for the Best Value General Business Schools for a Master’s For Those Getting Aid. Orlando, Florida is the setting for this large institution of higher learning. The public school handed out masters’s general business degrees to 259 students in 2019-2020.

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

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

#6

Harvard University

Cambridge, Massachusetts
#16 in overall quality

Harvard University came in at #6 in this year’s edition of the Best Value General Business Schools for a Master’s For Those Getting Aid ranking. Located in Cambridge, Massachusetts, this large private not-for-profit school handed out 12 degrees to qualified masters’s general business students in 2019-2020.

Harvard not only placed well in this ranking. It is also #16 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 Harvard are $50,654.

Read full report on General Business/Commerce at Harvard University

With a ranking of #7, University of Wisconsin - Whitewater did quite well on the 2022 Best Value General Business Schools for a Master’s For Those Getting Aid list. Located in Whitewater, Wisconsin, this fairly large public school awarded 204 degrees to qualified masters’s general business students in 2019-2020.

UW - Whitewater not only placed well in this ranking. It is also #24 on our “Best General Business/Commerce Master’s Degree Schools” list. Average graduate tuition and fees at University of Wisconsin - Whitewater are $19,200, but you may pay more or less depending on your major.

Read full report on General Business/Commerce at University of Wisconsin - Whitewater

#8

Florida State University

Tallahassee, Florida

With a ranking of #8, Florida State University did quite well on the 2022 Best Value General Business Schools for a Master’s For Those Getting Aid list. Florida State is located in Tallahassee, Florida and, has a large student population. In 2019-2020, this school awarded 168 masters’s general business degrees to qualified students.

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 ranked #9 on this year’s Best Value General Business Schools for a Master’s For Those Getting Aid list. Tampa, Florida is the setting for this large institution of higher learning. The public school handed out masters’s general business degrees to 33 students in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of South Florida - Main Campus are $21,126.

Read more about General Business/Commerce at University of South Florida - Main Campus

Indiana University - Purdue University - Indianapolis came in at #10 in this year’s edition of the Best Value General Business Schools for a Master’s For Those Getting Aid ranking. IUPUI is a large public school situated in Indianapolis, Indiana. 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.

Full Indiana University - Purdue University - Indianapolis General Business/Commerce Report

#11

University of Missouri - St Louis

Saint Louis, Missouri

With a ranking of #11, University of Missouri - St Louis did quite well on the 2022 Best Value General Business Schools for a Master’s For Those Getting Aid list. University of Missouri - St Louis is a fairly large school located in Saint Louis, Missouri that handed out 124 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 UMSL are $30,154.

Read more about General Business/Commerce at University of Missouri - St Louis

#12

Michigan State University

East Lansing, Michigan

With a ranking of #12, Michigan State University did quite well on the 2022 Best Value General Business Schools for a Master’s For Those Getting Aid list. Michigan State University is a large public school situated in East Lansing, Michigan. It awarded 91 masters’s general business degrees in 2019-2020.

Michigan State also made our “Best General Business/Commerce Master’s Degree Schools” list, coming in at #25. Average graduate tuition and fees at Michigan State are $37,056, but you may pay more or less depending on your major.

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

#13

Northern Kentucky University

Highland Heights, Kentucky

Northern Kentucky University landed the #13 spot on the 2022 Best Value General Business Schools for a Master’s For Those Getting Aid ranking. Located in Highland Heights, Kentucky, this fairly large public school handed out 100 diplomas to qualified masters’s general business students in 2019-2020.

Average graduate tuition and fees at NKU are $17,358, but you may pay more or less depending on your major.

Read more about General Business/Commerce at Northern Kentucky University

#14

Northwestern University

Evanston, Illinois

Northwestern University landed the #14 spot on the 2022 Best Value General Business Schools for a Master’s For Those Getting Aid ranking. Northwestern University 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” 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 University General Business/Commerce Report

#15

University of North Florida

Jacksonville, Florida

University of North Florida landed the #15 spot on the 2022 Best Value General Business Schools for a Master’s For Those Getting Aid ranking. UNF is a fairly large school located in Jacksonville, Florida that handed out 49 masters’s general business 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

University of Puerto Rico - Rio Piedras did quite well in the 2022 Best Value General Business Schools for a Master’s For Those Getting Aid ranking, coming in at #16. University of Puerto Rico - Rio Piedras is a fairly large public school situated in San Juan, . It awarded 38 masters’s general business degrees in 2019-2020.

Average graduate tuition and fees at University of Puerto Rico - Rio Piedras are $3,620, but you may pay more or less depending on your major.

Read more about General Business/Commerce at University of Puerto Rico - Rio Piedras

#17

Indiana University - Southeast

New Albany, Indiana

Indiana University - Southeast came in at #17 in this year’s edition of the Best Value General Business Schools for a Master’s For Those Getting Aid ranking. Indiana University - Southeast is a small public school situated in New Albany, Indiana. It awarded 30 masters’s general business degrees in 2019-2020.

Average graduate tuition and fees at Indiana University - Southeast are $18,275, but some majors have different tuition rates.

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

#18

West Virginia University

Morgantown, West Virginia

With a ranking of #18, West Virginia University did quite well on the 2022 Best Value General Business Schools for a Master’s For Those Getting Aid list. West Virginia University is a large public school situated in Morgantown, West Virginia. It awarded 124 masters’s general business degrees in 2019-2020.

Average graduate tuition and fees at West Virginia University are $26,154, but some majors have different tuition rates.

Read more about General Business/Commerce at WVU

Utah Valley University landed the #19 spot on the 2022 Best Value General Business Schools for a Master’s For Those Getting Aid ranking. UVU is located in Orem, Utah and, has a large student population. In 2019-2020, this school awarded 84 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 UVU are $26,657.

Read more about General Business/Commerce at Utah Valley University

#20

Indiana University - Kokomo

Kokomo, Indiana

Indiana University - Kokomo landed the #20 spot on the 2022 Best Value General Business Schools for a Master’s For Those Getting Aid ranking. Indiana University - Kokomo is located in Kokomo, Indiana and, has a small student population. In 2019-2020, this school awarded 25 masters’s general business degrees to qualified students.

Average graduate tuition and fees at IU Kokomo are $18,275, but some majors have different tuition rates.

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

#21

Indiana University - South Bend

South Bend, Indiana

Indiana University - South Bend came in at #21 in this year’s edition of the Best Value General Business Schools for a Master’s For Those Getting Aid 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.

Average graduate tuition and fees at Indiana University - South Bend are $18,275, but some majors have different tuition rates.

Full Indiana University - South Bend General Business/Commerce Report

#22

Marshall University

Huntington, West Virginia

With a ranking of #22, Marshall University did quite well on the 2022 Best Value General Business Schools for a Master’s For Those Getting Aid list. Huntington, West Virginia is the setting for this fairly large institution of higher learning. The public school handed out masters’s general business degrees to 88 students in 2019-2020.

Although you might pay more or less depending on your area of study, average graduate tuition and fees at Marshall University are $21,162.

Read full report on General Business/Commerce at Marshall University

#23

University of North Georgia

Dahlonega, Georgia

With a ranking of #23, University of North Georgia did quite well on the 2022 Best Value General Business Schools for a Master’s For Those Getting Aid list. UNG is a fairly large public school situated in Dahlonega, Georgia. It awarded 31 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 UNG are $18,354.

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

With a ranking of #24, University of Missouri - Columbia did quite well on the 2022 Best Value General Business Schools for a Master’s For Those Getting Aid list. Located in Columbia, Missouri, this large public school awarded 61 degrees to qualified masters’s general business students in 2019-2020.

Mizzou also made our “Best General Business/Commerce Master’s Degree Schools” list, coming in at #17. Average graduate tuition and fees at Mizzou are $27,193, but you may pay more or less depending on your major.

Full Mizzou General Business/Commerce Report

#25

Ball State University

Muncie, Indiana

Ball State University did quite well in the 2022 Best Value General Business Schools for a Master’s For Those Getting Aid ranking, coming in at #25. Ball State University is a public institution located in Muncie, Indiana. The school has a large population, and it awarded 86 masters’s degrees in 2019-2020.

Average graduate tuition and fees at Ball State University are $26,204, but some majors have different tuition rates.

Read full report on General Business/Commerce at Ball State

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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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