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

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

Highlighting Quality Schools With More Affordable Pricing

174 Colleges
$9,318 Avg Tuition & Fees*
$66,712 Avg Salary

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

With 226,882 degrees and certificates handed out in 2020-2021, business, management and marketing is the #2 most popular major in the United States.

There are so many programs in today's world that it can tough to figure out which one is the right one 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.

Along with in-depth profiles of schools and the programs they offer, Grad Degree Search has created the Best Value Business, Management & Marketing Master's Degree Schools in the Great Lakes Region to help you in your search for the best school for you. This report analyzed 174 schools in the Great Lakes Region to see which ones offered the best value master's degree programs for business, management and marketing students. The goal was to highlight schools with more affordable prices than others offering similar quality experiences.

This ranking is not just a list of inexpensive schools. We also consider each school's quality, since we believe a low-quality school may not be a 'bargain' at any price. Specifically, our score for quality is discounted by the published tuition and fees charged by the given college. This gives the cost per unit of quality for each college. The more quality your dollar buys, the better the value.

For nationwide and regional rankings, we use out-of-state tuition and fees in our calculations. For statewide rankings, we use average in-state tuition and fees.

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

Check out the business, management and marketing master's degree programs at these schools if you want to get the best value for your educational dollar.

Top 25 Best Great Lakes Region Schools for Affordable Quality for a Master's in Business, Management & Marketing

Our analysis found Rasmussen University - Illinois to be the best value school for business, management and marketing students who want to pursue a master’s degree in the Great Lakes Region . Located in the medium-sized city of Rockford, Rasmussen University - Illinois is a private for-profit school with a small student population.

Rasmussen University - Illinois graduate students pay an average of $5,615 in tuition and fees each year.

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#2

Ashland University

Ashland, OH

Out of the 174 schools in the Great Lakes Region that were part of this year’s ranking, Ashland University landed the # 2 spot on the list. Ashland is a small private not-for-profit school located in the fringe town of Ashland.

The average tuition and fees for an out-of-state graduate students at Ashland are $6,972 a year.

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#3

Wittenberg University

Springfield, OH

Out of the 174 schools in the Great Lakes Region that were part of this year’s ranking, Wittenberg University landed the # 3 spot on the list. Located in the city of Springfield, Wittenberg is a private not-for-profit school with a small student population.

Out-of-state tuition fees for graduate students at Wittenberg are $8,352 per year.

Read full report on Business, Management & Marketing at Wittenberg University

#4

Calvin University

Grand Rapids, MI

Out of the 174 schools in the Great Lakes Region that were part of this year’s ranking, Calvin University landed the # 4 spot on the list. Located in the midsize city of Grand Rapids, Calvin 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 Calvin are $11,880 a year.

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#5

Ferris State University

Big Rapids, MI

A rank of #5 on this year’s list means Ferris State University is a great value for business, management and marketing students working on their master’s degree. Located in the town of Big Rapids, Ferris is a public college with a large student population.

Out-of-state tuition fees for graduate students at Ferris are $8,232 per year.

Full Business, Management & Marketing at Ferris State University Report

With a ranking of #6, Trine University-Regional/Non-Traditional Campuses did quite well on this year’s best value schools for business, management and marketing students working on their master’s degree. Located in the large city of Fort Wayne, Trine 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 Trine are $10,350 a year.

Trine excels when it comes to quality. It’s ranked in the top 15% of all schools on our Best Business, Management & Marketing Master’s Degree Schools in the Great Lakes Region list.

Read full report on Business, Management & Marketing at Trine University-Regional/Non-Traditional Campuses

#7

Youngstown State University

Youngstown, OH

Youngstown State University did quite well in this year’s ranking of the best places for business, management and marketing students to get a master’s degree. It came in at #7 on the list. Youngstown State University is a large public school located in the small city of Youngstown.

Out-of-state tuition fees for graduate students at Youngstown State University are $6,931 per year.

Full Business, Management & Marketing at Youngstown State University Report

#8

Kettering University

Flint, MI

With a ranking of #8, Kettering University did quite well on this year’s best value schools for business, management and marketing students working on their master’s degree. Located in the small city of Flint, Kettering is a private not-for-profit college with a small student population.

Kettering graduate students pay an average of $15,128 in tuition and fees each year.

Kettering also made our Best Business, Management & Marketing Master’s Degree Schools in the Great Lakes Region list, coming in at #4.

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Maranatha Baptist University landed the #9 spot in the 2023 rankings for the best value master’s degree business, management and marketing programs. Located in the fringe town of Watertown, MBU is a private not-for-profit school with a small student population.

Out-of-state tuition fees for graduate students at MBU are $7,330 per year.

Full Business, Management & Marketing at Maranatha Baptist University Report

Southern Illinois University Edwardsville did quite well in this year’s ranking of the best places for business, management and marketing students to get a master’s degree. It came in at #10 on the list. Located in the suburb of Edwardsville, SIUE is a public school with a large student population.

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

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Illinois State University ranked #11 on this year’s Best Value Business, Management & Marketing Master’s Degree Schools in the Great Lakes Region list. Located in the medium-sized suburb of Normal, Illinois State is a public college with a very large student population.

Out-of-state tuition fees for graduate students at Illinois State are $11,773 per year.

As a testament to the quality of education it offers, Illinois State also is in the top 20% of our Best Business, Management & Marketing Master’s Degree Schools in the Great Lakes Region ranking.

Read full report on Business, Management & Marketing at Illinois State University

#12

Butler University

Indianapolis, IN

Butler University did quite well in this year’s ranking of the best places for business, management and marketing students to get a master’s degree. It came in at #12 on the list. Located in the city of Indianapolis, Butler is a private not-for-profit college with a moderately-sized student population.

Out-of-state tuition fees for graduate students at Butler are $14,785 per year.

Read full report on Business, Management & Marketing at Butler University

Northern Illinois University landed the #13 spot in the 2023 rankings for the best value master’s degree business, management and marketing programs. Located in the suburb of Dekalb, NIU is a public school with a fairly large student population.

Out-of-state tuition fees for graduate students at NIU are $11,390 per year.

Read full report on Business, Management & Marketing at Northern Illinois University

#14

Xavier University

Cincinnati, OH

With a ranking of #14, Xavier University did quite well on this year’s best value schools for business, management and marketing students working on their master’s degree. Located in the large city of Cincinnati, Xavier is a private not-for-profit school with a moderately-sized student population.

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

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#14

Spring Arbor University

Spring Arbor, MI

Spring Arbor University landed the #14 spot in the 2023 rankings for the best value master’s degree business, management and marketing programs. Spring Arbor is a small private not-for-profit school located in the suburb of Spring Arbor.

Spring Arbor graduate students pay an average of $8,383 in tuition and fees each year.

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Grace College and Theological Seminary did quite well in this year’s ranking of the best places for business, management and marketing students to get a master’s degree. It came in at #16 on the list. Located in the distant town of Winona Lake, Grace College is a private not-for-profit college with a small student population.

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

Full Business, Management & Marketing at Grace College and Theological Seminary Report

Baldwin Wallace University did quite well in this year’s ranking of the best places for business, management and marketing students to get a master’s degree. It came in at #17 on the list. Located in the large suburb of Berea, Baldwin Wallace College is a private not-for-profit school with a small student population.

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

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#18

Cedarville University

Cedarville, OH

Cedarville University ranked #18 on this year’s Best Value Business, Management & Marketing Master’s Degree Schools in the Great Lakes Region list. Cedarville is a small private not-for-profit school located in the town of Cedarville.

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

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#18

Saint Norbert College

De Pere, WI

Saint Norbert College came in at #18 in this year’s edition of the Best Value Business, Management & Marketing Master’s Degree Schools in the Great Lakes Region ranking. SNC is a small private not-for-profit school located in the medium-sized suburb of De Pere.

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

Read full report on Business, Management & Marketing at Saint Norbert College

#20

Muskingum University

New Concord, OH

Muskingum University did quite well in this year’s ranking of the best places for business, management and marketing students to get a master’s degree. It came in at #20 on the list. Located in the town of New Concord, Muskingum 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 Muskingum are $10,350 a year.

Full Business, Management & Marketing at Muskingum University Report

With a ranking of #21, Bethel University - Mishawaka did quite well on this year’s best value schools for business, management and marketing students working on their master’s degree. Located in the city of Mishawaka, Bethel University 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 Bethel University are $7,880 a year.

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#21

Viterbo University

La Crosse, WI

With a ranking of #21, Viterbo University did quite well on this year’s best value schools for business, management and marketing students working on their master’s degree. Viterbo is a small private not-for-profit school located in the city of La Crosse.

Out-of-state tuition fees for graduate students at Viterbo are $9,488 per year.

Read full report on Business, Management & Marketing at Viterbo University

Indiana Wesleyan University - National & Global came in at #23 in this year’s edition of the Best Value Business, Management & Marketing Master’s Degree Schools in the Great Lakes Region ranking. IWU is a fairly large private not-for-profit school located in the rural area of Marion.

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

Read full report on Business, Management & Marketing at Indiana Wesleyan University - National & Global

#24

Huntington University

Huntington, IN

Huntington University landed the #24 spot in the 2023 rankings for the best value master’s degree business, management and marketing programs. Huntington is a small private not-for-profit school located in the town of Huntington.

Huntington graduate students pay an average of $11,856 in tuition and fees each year.

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#25

McKendree University

Lebanon, IL

McKendree University did quite well in this year’s ranking of the best places for business, management and marketing students to get a master’s degree. It came in at #25 on the list. Located in the large suburb of Lebanon, McKendree is a private not-for-profit college with a small student population.

McKendree graduate students pay an average of $9,756 in tuition and fees each year.

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Rest of the Top Best Value Business, Management & Marketing Master's Degree Schools in the Great Lakes Region

#26

Oakland City University

Oakland City, IN

Honorable Mentions

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, Management & Marketing Master's Degree Schools in the Great Lakes Region award.

Rank College Location
27 Valparaiso University Valparaiso, IN
27 Concordia University, Wisconsin Mequon, WI
29 Marian University Fond Du Lac, WI
29 Capital University Columbus, OH
31 Walsh College Troy, MI
32 Aquinas College Michigan Grand Rapids, MI
33 Mount Vernon Nazarene University Mount Vernon, OH
34 Carroll University Waukesha, WI

Best Business, Management & Marketing Colleges by State

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

State Degrees Awarded
Illinois 13,721
Indiana 5,487
Ohio 5,612
Wisconsin 2,457
Michigan 5,704

Business, Management & Marketing Majors to Study

Major Annual Graduates
Business Administration & Management 131,555
Management Sciences & Quantitative Methods 31,701
Accounting 19,309
Human Resource Management 12,117
General Business/Commerce 9,137
Finance & Financial Management 5,784
Marketing 4,011
Management Information Systems 2,766
International Business 2,007
Entrepreneurial Studies 1,823
Taxation 1,350
Hospitality Management 1,341
Real Estate 1,280
Other Business, Management & Marketing 1,073
General Sales & Marketing 537
Construction Management 466
Specialized Sales, Merchandising & Marketing 180
Business/Managerial Economics 162
Insurance 143
Business/Corporate Communications 117
Telecommunications Management 23

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).
  • Credit for the banner image above goes to Amit Savargaonkar.

More about our data sources and methodologies.

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