2023 Best Business Administration & Management Master's Degree Schools in the Great Lakes Region
Finding the Best Business Administration & Management Master's Degree School for You
There are so many business programs in today's world that it can tough to figure out which one is the right one 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 help you arm yourself with the information you need to make your decision, Business Degree Central has developed this Best Business Administration & Management Master's Degree Schools in the Great Lakes Region ranking. Our analysis looked at 156 schools in the Great Lakes Region to see which master's degree programs offered the best educational experiences for business students. To come up with a school's ranking, we analyzed numerous factors related to post-graduation wages, the quality of education offered by the school, average accumulated student debt, and more.
View our full ranking methodology.
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2023 Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region
The colleges and universities below are the best for business administration majors pursuing a master's degree.
Top 15% Best Business Administration & Management Master's Degree Schools
Our 2023 rankings named University of Notre Dame the best school in the Great Lakes Region for business administration & management students working on their master’s degree. Notre Dame is a fairly large private not-for-profit school located in the large suburb of Notre Dame.
Read full report on Business Administration & Management at University of Notre Dame
A rank of #2 on this year’s list means University of Chicago is a great place for business administration & management students working on their master’s degree. Located in the city of Chicago, UChicago is a private not-for-profit school with a fairly large student population.
After completing their Master's Degree, business administration graduates from UChicago carry an average student debtload of $102,468.
Read full report on Business Administration & Management at University of Chicago
You’ll join some of the best and brightest minds around you if you attend University of Michigan - Ann Arbor. The school came in at #3 on this year’s Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region list. U-M is a very large public school located in the midsize city of Ann Arbor.
After completing their Master's Degree, business administration graduates from U-M carry an average student debtload of $83,509.
Read full report on Business Administration & Management at University of Michigan - Ann Arbor
You’ll be in good company if you decide to attend Northwestern University. It ranked #4 on our 2023 Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region list. Northwestern is a fairly large private not-for-profit school located in the small city of Evanston.
While working on their Master's Degree, business administration majors at Northwestern accumulate an average of around $152,349 in student debt.
Out of the 156 schools in the Great Lakes Region that were part of this year’s ranking, Lake Forest Graduate School of Management landed the # 5 spot on the list. Located in the suburb of Lake Forest, Lake Forest Graduate School of Management is a private not-for-profit college with a fairly small student population.
The average amount in student loans that business administration majors at Lake Forest Graduate School of Management take out while working on their Master's Degree is $42,300.
University of Illinois at Urbana-Champaign landed the #6 spot in the 2023 rankings for the best master’s degree business administration & management programs. UIUC is a very large public school located in the small city of Champaign.
While working on their Master's Degree, business administration majors at UIUC accumulate an average of around $41,786 in student debt.
Full Business Administration & Management at University of Illinois at Urbana-Champaign Report
Milwaukee School of Engineering ranked #7 on this year’s Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region list. MSOE is a small private not-for-profit school located in the large city of Milwaukee.
Business Administration majors at MSOE take out an average of $47,090 in student loans while working on their Master's Degree.
Full Business Administration & Management at Milwaukee School of Engineering Report
Michigan State University did quite well in this year’s ranking of the best places for business administration & management students to get a master’s degree. It came in at #8 on the list. Located in the city of East Lansing, Michigan State is a public school with a fairly large student population.
On average, business administration graduates from Michigan State take out $53,687 in student loans while working on their Master's Degree.
Read full report on Business Administration & Management at Michigan State University
University of Wisconsin - Madison ranked #9 on this year’s Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region list. UW - Madison is a very large public school located in the city of Madison.
With a ranking of #10, Kettering University did quite well on this year’s best schools for business administration & management students working on their master’s degree. Located in the city of Flint, Kettering is a private not-for-profit college with a small student population.
The average amount in student loans that business administration majors at Kettering take out while working on their Master's Degree is $31,193.
Marquette University ranked #11 on this year’s Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region list. Located in the large city of Milwaukee, Marquette is a private not-for-profit school with a fairly large student population.
While working on their Master's Degree, business administration majors at Marquette accumulate an average of around $50,102 in student debt.
Read full report on Business Administration & Management at Marquette University
Butler University came in at #12 in this year’s edition of the Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region ranking. Located in the large city of Indianapolis, Butler is a private not-for-profit school with a moderately-sized student population.
After completing their Master's Degree, business administration graduates from Butler carry an average student debtload of $40,193.
Purdue University - Main Campus landed the #13 spot in the 2023 rankings for the best master’s degree business administration & management programs. Purdue is a fairly large public school located in the small city of West Lafayette.
After completing their Master's Degree, business administration graduates from Purdue carry an average student debtload of $52,005.
With a ranking of #14, Ohio State University - Main Campus did quite well on this year’s best schools for business administration & management students working on their master’s degree. Ohio State is a very large public school located in the large city of Columbus.
While working on their Master's Degree, business administration majors at Ohio State accumulate an average of around $56,519 in student debt.
Full Business Administration & Management at Ohio State University - Main Campus Report
With a ranking of #15, Miami University - Oxford did quite well on this year’s best schools for business administration & management students working on their master’s degree. Miami University - Oxford is a large public school located in the town of Oxford.
On average, business administration graduates from Miami University - Oxford take out $34,702 in student loans while working on their Master's Degree.
University of Wisconsin - Platteville landed the #16 spot in the 2023 rankings for the best master’s degree business administration & management programs. UW - Platteville is a medium-sized public school located in the distant town of Platteville.
On average, business administration graduates from UW - Platteville take out $29,726 in student loans while working on their Master's Degree.
Walsh College landed the #17 spot in the 2023 rankings for the best master’s degree business administration & management programs. Located in the small city of Troy, Walsh is a private not-for-profit school with a small student population.
The average amount in student loans that business administration majors at Walsh take out while working on their Master's Degree is $44,077.
Case Western Reserve University came in at #18 in this year’s edition of the Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region ranking. Located in the city of Cleveland, Case Western is a private not-for-profit college with a large student population.
The average amount in student loans that business administration majors at Case Western take out while working on their Master's Degree is $75,631.
Illinois Institute of Technology came in at #19 in this year’s edition of the Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region ranking. Illinois Tech is a medium-sized private not-for-profit school located in the large city of Chicago.
After completing their Master's Degree, business administration graduates from Illinois Tech carry an average student debtload of $80,902.
With a ranking of #20, DePaul University did quite well on this year’s best schools for business administration & management students working on their master’s degree. DePaul is a fairly large private not-for-profit school located in the large city of Chicago.
On average, business administration graduates from DePaul take out $50,869 in student loans while working on their Master's Degree.
Cleary University came in at #21 in this year’s edition of the Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region ranking. Cleary College is a small private not-for-profit school located in the suburb of Howell.
Read full report on Business Administration & Management at Cleary University
University of Wisconsin - Eau Claire ranked #22 on this year’s Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region list. UW - Eau Claire is a fairly large public school located in the small city of Eau Claire.
Business Administration majors at UW - Eau Claire take out an average of $35,894 in student loans while working on their Master's Degree.
Read full report on Business Administration & Management at University of Wisconsin - Eau Claire
Xavier University ranked #23 on this year’s Best Business Administration & Management Master’s Degree Schools in the Great Lakes Region list. Located in the large city of Cincinnati, Xavier is a private not-for-profit school with a medium-sized student population.
Business Administration majors at Xavier take out an average of $44,471 in student loans while working on their Master's Degree.
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 Business Administration & Management Master's Degree Schools in the Great Lakes Region award.
| Rank | College | Location |
|---|---|---|
| 24 | Trine University-Regional/Non-Traditional Campuses | Angola, IN |
| 25 | Northern Illinois University | Dekalb, IL |
| 26 | Lawrence Technological University | Southfield, MI |
| 27 | Bradley University | Peoria, IL |
| 28 | University of Dayton | Dayton, OH |
| 29 | Michigan Technological University | Houghton, MI |
| 30 | Illinois State University | Normal, IL |
| 31 | Oakland University | Rochester Hills, MI |
Best Business Administration & Management Colleges by State
Explore the best business administration & management colleges for a specific state in the Great Lakes region.
| State | Degrees Awarded |
|---|---|
| Michigan | 9,225 |
| Ohio | 10,252 |
| Illinois | 12,631 |
| Indiana | 6,843 |
| Wisconsin | 5,331 |
Business Administration & Management Related Rankings by Major
Business Administration & Management is one of 21 different types of business programs to choose from.
Business Administration Concentrations
| Major | Annual Graduates |
|---|---|
| General Business Administration and Management | 343,412 |
| Organizational Leadership | 15,220 |
| Interior Design Management | 13,728 |
| Supply Chain Management | 10,601 |
| Operations Management | 6,424 |
| Project Management | 4,189 |
| Office Administration | 3,577 |
| Non-Profit/Public/Organizational Management | 2,736 |
| Retail Management | 959 |
| Purchasing, Procurement/Acquisitions and Contracts Management | 939 |
| Transportation/Mobility Management | 641 |
| E-Commerce | 469 |
| Science/Technology Management | 359 |
| Research and Development Management | 284 |
| Customer Service Management | 178 |
| Risk Management | 37 |
Majors Similar to Business Administration
| Related Major | Annual Graduates |
|---|---|
| Accounting | 93,982 |
| General Business/Commerce | 56,779 |
| Finance & Financial Management | 54,690 |
| Marketing | 52,078 |
| Management Sciences & Quantitative Methods | 48,037 |
Notes and References
*These averages are for the top 25 schools only.
- Read more about our ranking methodology.
- 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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