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

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

156 Colleges

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.

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

#1

University of Notre Dame

Notre Dame, IN

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

#2

University of Chicago

Chicago, IL

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

#4

Northwestern University

Evanston, IL

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.

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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.

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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

#8

Michigan State University

East Lansing, MI

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.

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#10

Kettering University

Flint, MI

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.

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#11

Marquette University

Milwaukee, WI

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

#12

Butler University

Indianapolis, IN

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.

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#13

Purdue University - Main Campus

West Lafayette, IN

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.

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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.

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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.

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#17

Walsh College

Troy, MI

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.

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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.

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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.

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#20

DePaul University

Chicago, IL

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.

Read More…

#21

Cleary University

Howell, MI

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

#23

Xavier University

Cincinnati, OH

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.

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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 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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