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Best Value Business Administration & Management Master's Degree Schools in the Great Lakes Region

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2023 Best Value Business Administration & Management Master's Degree Schools in the Great Lakes Region

Identifying Quality Schools at More Affordable Prices

156 Colleges
$10,312 Avg Tuition & Fees*
$68,610 Avg Salary

Finding the Best Business Administration & Management Master's Degree School for You

Business Administration & Management is the most popular major in the United States with 18,824 degrees and certificates handed out in 2020-2021.

With all the programs available today, it can be tough to choose which one is the best for you. As online education oppotunities continue to grow, you're not restricted to just schools in your local area anymore. Even some of the 'big name' schools are offering online courses. Also, there are a number of trade schools with offerings that you might find attractive.

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 in the Great Lakes Region ranking. This report analyzed 156 schools in the Great Lakes Region 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.

2023 Best Value Business Administration & Management Master’s Degree Schools in the Great Lakes Region

The following schools top our list of the Best Value Business Administration & Management Master's Degree Colleges.

Top 15% Best Business Administration & Management Master's Degree Schools

#1

Ashland University

Ashland, OH

Our analysis found Ashland University to be the best value school for business administration and management students who want to pursue a master’s degree in the Great Lakes Region . Located in the town of Ashland, Ashland 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 Ashland are $6,972 a year.

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#2

Ferris State University

Big Rapids, MI

You’ll join some of the best and brightest minds around you if you attend Ferris State University. The school came in at #2 on this year’s Best Value Business Administration & Management Master’s Degree Schools in the Great Lakes Region list. Ferris is a large public school located in the town of Big Rapids.

The average tuition and fees for an out-of-state graduate students at Ferris are $8,232 a year.

Read full report on Business Administration & Management at Ferris State University

The excellent master’s degree programs at Trine University-Regional/Non-Traditional Campuses helped the school earn the #3 place on this year’s ranking of the best value business administration and management schools in the Great Lakes Region . Trine is a small private not-for-profit school located in the large city of Fort Wayne.

Trine graduate students pay an average of $10,350 in tuition and fees each year.

On top of its placing in our value ranking, Trine also did well on our Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region list. It’s in the top 15% of all schools reviewed in this analysis.

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#4

Youngstown State University

Youngstown, OH

You’ll join some of the best and brightest minds around you if you attend Youngstown State University. The school came in at #4 on this year’s Best Value Business Administration & Management Master’s Degree Schools in the Great Lakes Region list. Located in the small city of Youngstown, Youngstown State University is a public college with a fairly large student population.

Youngstown State University graduate students pay an average of $6,931 in tuition and fees each year.

Full Business Administration & Management at Youngstown State University Report

The excellent master’s degree programs at Maranatha Baptist University helped the school earn the #5 place on this year’s ranking of the best value business administration and management schools in the Great Lakes Region . MBU is a small private not-for-profit school located in the fringe town of Watertown.

The average tuition and fees for an out-of-state graduate students at MBU are $7,330 a year.

Full Business Administration & Management at Maranatha Baptist University Report

#6

Kettering University

Flint, MI

Kettering 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 #6 on the list. Kettering is a small private not-for-profit school located in the city of Flint.

Out-of-state tuition fees for graduate students at Kettering are $15,128 per year.

Kettering not only placed well in our value ranking, but it is also #4 on our Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region list.

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Southern Illinois University Edwardsville 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 #7 on the list. SIUE is a fairly large public school located in the suburb of Edwardsville.

SIUE graduate students pay an average of $9,316 in tuition and fees each year.

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Northern Illinois University ranked #8 on this year’s Best Value Business Administration & Management Master’s Degree Schools in the Great Lakes Region list. NIU is a fairly large public school located in the small suburb of Dekalb.

NIU graduate students pay an average of $11,390 in tuition and fees each year.

Full Business Administration & Management at Northern Illinois University Report

#9

Xavier University

Cincinnati, OH

Xavier University came in at #9 in this year’s edition of the Best Value Business Administration & Management Master’s Degree Schools in the Great Lakes Region ranking. Xavier is a medium-sized private not-for-profit school located in the city of Cincinnati.

Xavier graduate students pay an average of $12,076 in tuition and fees each year.

Full Business Administration & Management at Xavier University Report

#10

Spring Arbor University

Spring Arbor, MI

Spring Arbor University landed the #10 spot in the 2023 rankings for the best value master’s degree business administration and management programs. Located in the small suburb of Spring Arbor, Spring Arbor 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 Spring Arbor are $8,383 a year.

Full Business Administration & Management at Spring Arbor University Report

Grace College and Theological Seminary came in at #11 in this year’s edition of the Best Value Business Administration & Management Master’s Degree Schools in the Great Lakes Region ranking. Grace College is a small private not-for-profit school located in the town of Winona Lake.

Grace College graduate students pay an average of $8,054 in tuition and fees each year.

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Baldwin Wallace University ranked #11 on this year’s Best Value Business Administration & Management Master’s Degree Schools in the Great Lakes Region list. Baldwin Wallace College is a small private not-for-profit school located in the suburb of Berea.

Baldwin Wallace College graduate students pay an average of $11,363 in tuition and fees each year.

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#13

Butler University

Indianapolis, IN

Butler 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. Butler is a moderately-sized private not-for-profit school located in the large city of Indianapolis.

The average tuition and fees for an out-of-state graduate students at Butler are $14,785 a year.

Read full report on Business Administration & Management at Butler University

Illinois State University landed the #14 spot in the 2023 rankings for the best value master’s degree business administration and management programs. Illinois State is a very large public school located in the medium-sized suburb of Normal.

Illinois State graduate students pay an average of $11,773 in tuition and fees each year.

Illinois State excels when it comes to quality. It’s ranked in the top 20% of all schools on our Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region list.

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#15

Saint Norbert College

De Pere, WI

Saint Norbert College landed the #15 spot in the 2023 rankings for the best value master’s degree business administration and management programs. Located in the medium-sized suburb of De Pere, SNC is a private not-for-profit college with a small student population.

Out-of-state tuition fees for graduate students at SNC are $11,363 per year.

Full Business Administration & Management at Saint Norbert College Report

#15

Cedarville University

Cedarville, OH

Cedarville University ranked #15 on this year’s Best Value Business Administration & Management Master’s Degree Schools in the Great Lakes Region list. Located in the fringe town of Cedarville, Cedarville is a private not-for-profit school with a small student population.

Out-of-state tuition fees for graduate students at Cedarville are $9,864 per year.

Read full report on Business Administration & Management at Cedarville University

#17

Viterbo University

La Crosse, WI

Viterbo University landed the #17 spot in the 2023 rankings for the best value master’s degree business administration and management programs. Located in the city of La Crosse, Viterbo is a private not-for-profit college with a small student population.

The average tuition and fees for an out-of-state graduate students at Viterbo are $9,488 a year.

Full Business Administration & Management at Viterbo University Report

Bethel University - Mishawaka came in at #17 in this year’s edition of the Best Value Business Administration & Management Master’s Degree Schools in the Great Lakes Region ranking. Bethel University is a small private not-for-profit school located in the small city of Mishawaka.

Bethel University graduate students pay an average of $7,880 in tuition and fees each year.

Read full report on Business Administration & Management at Bethel University - Mishawaka

Indiana Wesleyan University - National & Global 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 rural area of Marion, IWU is a private not-for-profit school with a large student population.

Out-of-state tuition fees for graduate students at IWU are $10,440 per year.

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#20

Huntington University

Huntington, IN

Huntington University came in at #20 in this year’s edition of the Best Value Business Administration & Management Master’s Degree Schools in the Great Lakes Region ranking. Located in the town of Huntington, Huntington is a private not-for-profit college with a small student population.

The average tuition and fees for an out-of-state graduate students at Huntington are $11,856 a year.

Read More…

#21

McKendree University

Lebanon, IL

McKendree 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 #21 on the list. McKendree is a small private not-for-profit school located in the suburb of Lebanon.

The average tuition and fees for an out-of-state graduate students at McKendree are $9,756 a year.

Read full report on Business Administration & Management at McKendree University

#22

Oakland City University

Oakland City, IN

Oakland City University landed the #22 spot in the 2023 rankings for the best value master’s degree business administration and management programs. Located in the distant town of Oakland City, Oakland City is a private not-for-profit school with a fairly small student population.

Oakland City graduate students pay an average of $9,000 in tuition and fees each year.

Read full report on Business Administration & Management at Oakland City University

#23

Valparaiso University

Valparaiso, IN

Valparaiso University came in at #23 in this year’s edition of the Best Value Business Administration & Management Master’s Degree Schools in the Great Lakes Region ranking. Valpo is a small private not-for-profit school located in the suburb of Valparaiso.

Valpo graduate students pay an average of $12,220 in tuition and fees each year.

Read full report on Business Administration & Management at Valparaiso University

Additional Noteworthy Schools

These are some additional schools worth mentioning that are also great but just didn't quite make the cut to earn our top Best Value Business Administration & Management Master's Degree Schools in the Great Lakes Region award.

Rank College Location
24 Concordia University, Wisconsin Mequon, WI
25 Capital University Columbus, OH
26 Walsh College Troy, MI
27 Mount Vernon Nazarene University Mount Vernon, OH
28 Ottawa University - Milwaukee Brookfield, WI
28 Carroll University Waukesha, WI
30 Cardinal Stritch University Milwaukee, WI
31 Defiance College Defiance, OH

Best Business Administration & Management Colleges by State

Explore the best business administration and management colleges for a specific state in the Great Lakes region.

State Degrees Awarded
Michigan 3,906
Illinois 7,000
Ohio 3,681
Indiana 2,674
Wisconsin 1,563

One of 20 majors within the area of study, business administration and management has other similar majors worth exploring.

Related Major Annual Graduates
Management Sciences & Quantitative Methods 31,701
Accounting 19,309
Human Resource Management 12,117
General Business/Commerce 9,137
Finance & Financial Management 5,784

Notes and References

*These averages are for the top 25 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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