2021 Best Value Business Administration & Management Master's Degree Schools
Identifying Quality Schools at More Affordable Prices
Finding the Best Business Administration & Management Master's Degree School for You
In 2018-2019, 135,757 degrees and certificates were awarded to business administration and management students, making the major the most popular in the country.
With all the programs available today, it can be tough to choose which one is the best for you. With more and more schools offering online options, you could even register for a great program on the other side of the country. On top of that, there are a considerable number of trade schools that offer fast-track entry to many fields.
To assist you in seeing some of the education options that are available to you, Grad Degree Search has created its Best Value Business Administration & Management Master's Degree Schools ranking. This report analyzed 971 schools in the United States to see which ones offered the best value master's degree programs for business administration students. The goal was to highlight schools with more affordable prices than others offering similar quality experiences.
Our ranking of value is based on the quality of a program as defined in our per sticker price dollar. More specifically, we discount our quality score by the published tuition and fees charged by a school. This gives the cost per unit of quality for each college. The value is determined by how much quality your dollar buys.
In our regional and nationwide rankings, out-of-state tution and fees are used in our calculations. Average in-state tuition and fees are used for our statewide rankings.
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2021 Best Value Business Administration & Management Master’s Degree Schools in the United States
The following schools top our list of the Best Value Business Administration & Management Master's Degree Colleges.
Top 25 Best Schools for Affordable Quality for a Master's in Business Administration
Our analysis found Nichols College to be the best value school for business administration and management students who want to pursue a master’s degree in the United States. Nichols is a small private not-for-profit school located in the large suburb of Dudley.
Out-of-state tuition fees for graduate students at Nichols are $1,538 per year. The average amount in student loans that business administration majors at Nichols take out while working on their Master's Degree is $29,482. The average monthly payment of a loan this size is about $332, assuming that the borrower is on a 10-year repayment plan.
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Out of the 971 schools in the United States that were part of this year’s ranking, Otterbein University landed the # 2 spot on the list. Located in the large suburb of Westerville, Otterbein is a private not-for-profit school with a small student population.
The average tuition and fees for an out-of-state graduate students at Otterbein are $945 a year.
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A rank of #3 on this year’s list means University of Management and Technology is a great value for business administration and management students working on their master’s degree. Located in the medium-sized city of Arlington, University of Management and Technology is a private for-profit school with a small student population.
The average tuition and fees for an out-of-state graduate students at University of Management and Technology are $7,110 a year.
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Out of the 971 schools in the United States that were part of this year’s ranking, Fitchburg State University landed the # 4 spot on the list. Fitchburg State is a medium-sized public school located in the suburb of Fitchburg.
Out-of-state tuition fees for graduate students at Fitchburg State are $5,742 per year. On average, business administration graduates from Fitchburg State take out $12,381 in student loans while working on their Master's Degree.
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A rank of #5 on this year’s list means Columbia Southern University is a great value for business administration and management students working on their master’s degree. Located in the town of Orange Beach, Columbia Southern University is a private for-profit college with a fairly large student population.
Out-of-state tuition fees for graduate students at Columbia Southern University are $3,915 per year. The average amount in student loans that business administration majors at Columbia Southern University take out while working on their Master's Degree is $31,148. When it comes time to repay the loan, graduates who are on a 10-year repayment plan pay an average monthly payment of $409.
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With a ranking of #6, Brigham Young University - Provo did quite well on this year’s best value schools for business administration and management students working on their master’s degree. Located in the midsize city of Provo, BYU is a private not-for-profit college with a fairly large student population.
BYU graduate students pay an average of $7,290 in tuition and fees each year. Business Administration majors at BYU take out an average of $35,020 in student loans while working on their Master's Degree. When it comes time to repay the loan, graduates who are on a 10-year repayment plan pay an average monthly payment of $478.
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The University of Texas of the Permian Basin landed the #7 spot in the 2021 rankings for the best value master’s degree business administration and management programs. Located in the midsize city of Odessa, UT Permian Basin is a public school with a moderately-sized student population.
The average tuition and fees for an out-of-state graduate students at UT Permian Basin are $6,664 a year. After completing their Master's Degree, business administration graduates from UT Permian Basin carry an average student debtload of $15,340.
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Ashland University ranked #8 on this year’s Best Value Business Administration & Management Master’s Degree Schools list. Located in the fringe town of Ashland, Ashland is a private not-for-profit college with a medium-sized student population.
Out-of-state tuition fees for graduate students at Ashland are $6,540 per year. The average amount in student loans that business administration majors at Ashland take out while working on their Master's Degree is $28,411. Assuming that a graduate chooses a 10-year repayment plan, the average monthly loan payment is $285.
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Gordon College landed the #9 spot in the 2021 rankings for the best value master’s degree business administration and management programs. Gordon College is a small private not-for-profit school located in the suburb of Wenham.
Out-of-state tuition fees for graduate students at Gordon College are $5,950 per year.
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Arizona State University - Skysong came in at #10 in this year’s edition of the Best Value Business Administration & Management Master’s Degree Schools ranking. Located in the city of Scottsdale, ASU - Skysong is a public college with a very large student population.
Out-of-state tuition fees for graduate students at ASU - Skysong are $6,592 per year. While working on their Master's Degree, business administration majors at ASU - Skysong accumulate an average of around $53,500 in student debt. This translates to an average monthly loan payment of $592, based on a 10-year repayment plan.
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With a ranking of #11, Trident University International did quite well on this year’s best value schools for business administration and management students working on their master’s degree. TUI is a medium-sized private for-profit school located in the suburb of Cypress.
TUI graduate students pay an average of $6,120 in tuition and fees each year. The average amount in student loans that business administration majors at TUI take out while working on their Master's Degree is $26,589. When it comes time to repay the loan, graduates who are on a 10-year repayment plan pay an average monthly payment of $280.
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Park University came in at #12 in this year’s edition of the Best Value Business Administration & Management Master’s Degree Schools ranking. Park University is a large private not-for-profit school located in the suburb of Parkville.
Park University graduate students pay an average of $6,012 in tuition and fees each year. On average, business administration graduates from Park University take out $33,416 in student loans while working on their Master's Degree. This translates to an average monthly loan payment of $378, based on a 10-year repayment plan.
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Doane University did quite well in this year’s ranking of the best places for business administration and management students to get a master’s degree. It came in at #13 on the list. Located in the town of Crete, Doane Crete is a private not-for-profit college with a small student population.
Doane Crete graduate students pay an average of $7,502 in tuition and fees each year. Business Administration majors at Doane Crete take out an average of $31,791 in student loans while working on their Master's Degree. When it comes time to repay the loan, graduates who are on a 10-year repayment plan pay an average monthly payment of $382.
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Grand View University did quite well in this year’s ranking of the best places for business administration and management students to get a master’s degree. It came in at #14 on the list. Located in the midsize city of Des Moines, Grand View University is a private not-for-profit college with a small student population.
Grand View University graduate students pay an average of $6,631 in tuition and fees each year. While working on their Master's Degree, business administration majors at Grand View University accumulate an average of around $34,390 in student debt.
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With a ranking of #15, Embry-Riddle Aeronautical University - Worldwide did quite well on this year’s best value schools for business administration and management students working on their master’s degree. Located in the city of Daytona Beach, Embry-Riddle Worldwide is a private not-for-profit college with a large student population.
Out-of-state tuition fees for graduate students at Embry-Riddle Worldwide are $8,268 per year. While working on their Master's Degree, business administration majors at Embry-Riddle Worldwide accumulate an average of around $38,375 in student debt. When it comes time to repay the loan, graduates who are on a 10-year repayment plan pay an average monthly payment of $418.
As a testament to the quality of education it offers, Embry-Riddle Worldwide also is in the top 10% of our Best Business Administration & Management Master’s Degree Schools ranking.
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Ferris State University ranked #16 on this year’s Best Value Business Administration & Management Master’s Degree Schools list. Ferris is a large public school located in the town of Big Rapids.
Ferris graduate students pay an average of $7,608 in tuition and fees each year. After completing their Master's Degree, business administration graduates from Ferris carry an average student debtload of $53,916. When it comes time to repay the loan, graduates who are on a 10-year repayment plan pay an average monthly payment of $539.
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Worcester State University ranked #17 on this year’s Best Value Business Administration & Management Master’s Degree Schools list. Worcester State is a medium-sized public school located in the medium-sized city of Worcester.
Worcester State graduate students pay an average of $5,796 in tuition and fees each year.
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Grantham University landed the #18 spot in the 2021 rankings for the best value master’s degree business administration and management programs. Located in the city of Lenexa, Grantham University is a private for-profit college with a moderately-sized student population.
Grantham University graduate students pay an average of $4,800 in tuition and fees each year. After completing their Master's Degree, business administration graduates from Grantham University carry an average student debtload of $31,935. For students who choose a 10-year repayment plan, the average monthly student loan payment is $406.
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Minnesota State University - Mankato did quite well in this year’s ranking of the best places for business administration and management students to get a master’s degree. It came in at #19 on the list. Located in the city of Mankato, Minnesota State Mankato is a public school with a fairly large student population.
The average tuition and fees for an out-of-state graduate students at Minnesota State Mankato are $8,474 a year.
Minnesota State Mankato also claimed a spot on our Best Business Administration & Management Master’s Degree Schools list. It’s in the top 20% of all schools in this category.
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With a ranking of #20, Cabrini University did quite well on this year’s best value schools for business administration and management students working on their master’s degree. Located in the large suburb of Radnor, Cabrini University is a private not-for-profit school with a small student population.
The average tuition and fees for an out-of-state graduate students at Cabrini University are $6,305 a year. The average amount in student loans that business administration majors at Cabrini University take out while working on their Master's Degree is $23,332.
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University of the Cumberlands landed the #21 spot in the 2021 rankings for the best value master’s degree business administration and management programs. Located in the town of Williamsburg, Cumberlands is a private not-for-profit college with a fairly large student population.
Out-of-state tuition fees for graduate students at Cumberlands are $5,970 per year. After completing their Master's Degree, business administration graduates from Cumberlands carry an average student debtload of $17,220. Assuming that a graduate chooses a 10-year repayment plan, the average monthly loan payment is $144.
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Providence College came in at #22 in this year’s edition of the Best Value Business Administration & Management Master’s Degree Schools ranking. Providence is a small private not-for-profit school located in the medium-sized city of Providence.
The average tuition and fees for an out-of-state graduate students at Providence are $9,660 a year. Business Administration majors at Providence take out an average of $22,335 in student loans while working on their Master's Degree. When it comes time to repay the loan, graduates who are on a 10-year repayment plan pay an average monthly payment of $239.
Providence excels when it comes to quality. It’s ranked in the top 15% of all schools on our Best Business Administration & Management Master’s Degree Schools list.
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Spring Arbor University landed the #23 spot in the 2021 rankings for the best value master’s degree business administration and management programs. Located in the suburb of Spring Arbor, Spring Arbor is a private not-for-profit school with a small student population.
Out-of-state tuition fees for graduate students at Spring Arbor are $8,176 per year.
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With a ranking of #24, Midway University did quite well on this year’s best value schools for business administration and management students working on their master’s degree. Midway is a small private not-for-profit school located in the rural area of Midway.
Midway graduate students pay an average of $6,390 in tuition and fees each year. After completing their Master's Degree, business administration graduates from Midway carry an average student debtload of $25,113. For students who choose a 10-year repayment plan, the average monthly student loan payment is $277.
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With a ranking of #25, Western Governors University did quite well on this year’s best value schools for business administration and management students working on their master’s degree. WGU is a fairly large private not-for-profit school located in the large suburb of Salt Lake City.
Out-of-state tuition fees for graduate students at WGU are $7,790 per year. After completing their Master's Degree, business administration graduates from WGU carry an average student debtload of $16,160. For students who choose a 10-year repayment plan, the average monthly student loan payment is $160.
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Remaining Award Winners
This list represents the rest of the schools awarded a Best Value Business Administration & Management Master's Degree Schools badge. Showing in this list means the school was ranked in the top 15% of the 971 different United States business administration and management schools we analyzed.
Additional Noteworthy Schools
Here are some additional great value schools for Business Administration & Management graduate students seeking value that almost earned our Best Value Business Administration & Management Master's Degree Schools award.
Business Administration & Management by Region
View the Best Value Business Administration & Management Master's Degree Schools for a specific region near you.
| Region |
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| Southeast |
| New England |
| Rocky Mountains |
| Plains States |
| Middle Atlantic |
| Far Western US |
| Southwest |
| Great Lakes |
More Business Administration & Management Rankings
Business Administration & Management Related Majors for Business Administration
Business Administration & Management is one of 21 different types of programs to choose from.
Most Popular Related Majors
| Related Major | Annual Graduates |
|---|---|
| Accounting | 21,904 |
| Management Sciences & Quantitative Methods | 14,136 |
| Human Resource Management | 10,770 |
| General Business/Commerce | 10,236 |
| Finance & Financial Management | 6,277 |
Notes and References
*These averages are for the top 26 schools only.
- 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).
More about our data sources and methodologies.
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