2024 Best Management Sciences & Quantitative Methods Master's Degree Schools in the Great Lakes Region

Ranked #4 in popularity, management sciences & quantitative methods is one of the most sought-after master's degree programs in the nation. This makes choosing the right school a hard decision.

College Factual looked at 48 colleges and universities when compiling its 2024 Best Management Sciences & Quantitative Methods Master's Degree Schools in the Great Lakes Region ranking. Combined, these schools handed out 5,101 master's degrees in management sciences & quantitative methods to qualified students.

Jump to one of the following sections: * Our Methodology

• Best Master’s Degree Schools List

Choosing a Great Management Sciences & Quantitative Methods School for Your Master's Degree

The management science master's degree program you select can have a big impact on your future. Important measures of a quality management science program can vary widely even among the top schools. When choosing a school we recommend considering some of the following factors:

Quality Overall Is Important

A school that excels in educating for a particular major and degree level must be a great school overall as well. To make it into this list a school must rank well in our overall Best Colleges for a Master's Degree ranking. This ranking considered factors such as graduation rates, overall graduate earnings and other educational resources to identify great colleges and universities.

Average Earnings

To determine the overall quality of a graduate school, one factor we look at is the average early-career salary of those receiving their master's degree from the school. This is because one of the main reasons people pursue their master's degree is to enable themselves to find better-paying positions.

Other Factors We Consider

In addition to the above, you should consider some of the following factors:

• Major Focus - How many resources a school devotes to management sciences & quantitative methods students as compared to other majors.
• Major Demand - The number of management sciences & quantitative methods students who choose to seek a master's degree at the school.
• Educational Resources - The amount of money and other resources allocated to students while they are pursuing their degree. These resources include such things as number of students per instructor and education expenditures per student.
• Student Debt - How much debt management sciences & quantitative methods students go into to obtain their master's degree and how well they are able to pay back that debt.
• Accreditation - Whether a school is regionally accredited and/or accredited by a recognized management sciences & quantitative methods related body.

Our full ranking methodology documents in more detail how we consider these factors to identify the best colleges for management sciences & quantitative methods students working on their master's degree.

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 Management Sciences & Quantitative Methods Master's Degree Schools in the Great Lakes Region list to help you make the college decision.

Best Schools for Master’s Students to Study Management Sciences & Quantitative Methods in the Great Lakes Region

The following list ranks the best colleges and universities for pursuing a master's degree in management sciences & quantitative methods.

10 Top Great Lakes Region Schools for a Master's in Management Science

1

Northwestern University
Evanston, IL

1,785 Annual Graduates

$118,780 Median Starting Salary

Northwestern University is a good choice for individuals interested in a master's degree in management sciences & quantitative methods. Northwestern is a very large private not-for-profit university located in the small city of Evanston.

Management Sciences & Quantitative Methods master's degree recipients from Northwestern University get an earnings boost of approximately $32,713 above the typical earnings of management sciences & quantitative methods graduates.

More information about a master’s in management sciences & quantitative methods from Northwestern University

2

University of Chicago
Chicago, IL

1,027 Annual Graduates

University of Chicago is a wonderful choice for students pursuing a master's degree in management sciences & quantitative methods. Located in the large city of Chicago, UChicago is a private not-for-profit university with a large student population.More information about a master’s in management sciences & quantitative methods from University of Chicago

3

University of Notre Dame
Notre Dame, IN

183 Annual Graduates

University of Notre Dame is one of the finest schools in the country for getting a master's degree in management sciences & quantitative methods. Located in the suburb of Notre Dame, Notre Dame is a private not-for-profit university with a fairly large student population.More information about a master’s in management sciences & quantitative methods from University of Notre Dame

4

University of Illinois at Urbana-Champaign
Champaign, IL

429 Annual Graduates

University of Illinois at Urbana-Champaign is one of the finest schools in the country for getting a master's degree in management sciences & quantitative methods. Located in the small city of Champaign, UIUC is a public university with a very large student population.More information about a master’s in management sciences & quantitative methods from University of Illinois at Urbana-Champaign

5

University of Wisconsin - Madison
Madison, WI

85 Annual Graduates

Located in the city of Madison, UW - Madison is a public university with a very large student population.More information about a master’s in management sciences & quantitative methods from University of Wisconsin - Madison

6

Purdue University - Main Campus
West Lafayette, IN

111 Annual Graduates

Purdue is a fairly large public university located in the city of West Lafayette.More information about a master’s in management sciences & quantitative methods from Purdue University - Main Campus

7

University of Michigan - Ann Arbor
Ann Arbor, MI

97 Annual Graduates

U-M is a very large public university located in the midsize city of Ann Arbor.More information about a master’s in management sciences & quantitative methods from University of Michigan - Ann Arbor

8

Michigan State University
East Lansing, MI

197 Annual Graduates

$84,609 Median Starting Salary

Located in the city of East Lansing, Michigan State is a public university with a fairly large student population.

Students who graduate with their master's from the management science program report average early career wages of $84,609.

More information about a master’s in management sciences & quantitative methods from Michigan State University

9

Ohio State University - Main Campus
Columbus, OH

59 Annual Graduates

Ohio State is a fairly large public university located in the city of Columbus.More information about a master’s in management sciences & quantitative methods from Ohio State University - Main Campus

10

Loyola University Chicago
Chicago, IL

61 Annual Graduates

Located in the large city of Chicago, Loyola Chicago is a private not-for-profit university with a fairly large student population.More information about a master’s in management sciences & quantitative methods from Loyola University Chicago

Best Management Sciences & Quantitative Methods Colleges by State

Explore the best management sciences & quantitative methods colleges for a specific state in the Great Lakes Region .

State	Colleges	Degrees Awarded
Illinois	221	3,782
Michigan	211	382
Ohio	207	343
Indiana	191	475
Wisconsin	173	119

View All Rankings >

Management Sciences & Quantitative Methods Related Rankings by Major

One of 21 majors within the Business, Management & Marketing area of study, Management Sciences & Quantitative Methods has other similar majors worth exploring.

Management Science Focus Areas

Major	Annual Graduates
Management Science	3,612
Other Management Sciences and Quantitative Methods	1,346
Business Statistics	102
Actuarial Science	41

Most Popular Majors Related to Management Science

Related Major	Annual Graduates
Business Administration & Management	17,717
General Business/Commerce	2,132
Accounting	2,048
Human Resource Management	1,279
Marketing	699
Finance & Financial Management	630
Management Information Systems	240
Taxation	127
Other Business, Management & Marketing	115
Real Estate	58

Notes and References

• The bars on the spread charts above show the distribution of the schools on this list +/- one standard deviation from the mean.
• 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 the rest 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).
• Credit for the banner image above goes to в±®. More about our data sources and methodologies.