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2023 Best Business & Commerce Schools

546 Colleges
$45,206 Avg Salary
$24,177 Avg Student Debt

Finding the Best General Business/Commerce School for You

With 56,779 degrees and certificates handed out in <nil>, general business/commerce is the #4 most popular major in the United States.

When it comes to higher education, there are a lot of options for business students. You can choose a traditional brick and mortar school, or with the growth of online education, you can attend a school half-way across the country without even leaving your house. Also there are many trade schools that offer short-term programs that open up more career options.

To assist you in seeing some of the education options that are available to you, Business Degree Central has created its Best Business & Commerce Schools ranking. This report analyzed 546 schools in the United States to see which ones offered the best programs for business students.

View our full ranking methodology.

2023 Best General Business/Commerce Schools in the United States

The colleges and universities below are the best for general business majors pursuing a .

Top 25 Top Schools in Business & Commerce

Our analysis found Massachusetts Institute of Technology to be the best school for general business/commerce students who want to pursue a degree in the United States. MIT is a large private not-for-profit school located in the medium-sized city of Cambridge.

The average amount in student loans that general business majors at MIT take out is $41,000.

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#2

University of Notre Dame

Notre Dame, IN

A rank of #2 on this year’s list means University of Notre Dame is a great place for general business/commerce students. Located in the large suburb of Notre Dame, Notre Dame is a private not-for-profit school with a fairly large student population.

After completing their degree, general business graduates from Notre Dame carry an average student debtload of $20,500.

Read full report on General Business/Commerce at University of Notre Dame

#3

University of Chicago

Chicago, IL

The excellent programs at University of Chicago helped the school earn the #3 place on this year’s ranking of the best general business/commerce schools in the United States. UChicago is a large private not-for-profit school located in the city of Chicago.

Read full report on General Business/Commerce at University of Chicago

#4

Northwestern University

Evanston, IL

The excellent programs at Northwestern University helped the school earn the #4 place on this year’s ranking of the best general business/commerce schools in the United States. Located in the city of Evanston, Northwestern is a private not-for-profit school with a fairly large student population.

The average amount in student loans that general business majors at Northwestern take out is $76,735.

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#5

Emory University

Atlanta, GA

You’ll be in good company if you decide to attend Emory University. It ranked #5 on our 2023 Best Business & Commerce Schools list. Located in the large city of Atlanta, Emory is a private not-for-profit school with a large student population.

After completing their degree, general business graduates from Emory carry an average student debtload of $47,269.

Read full report on General Business/Commerce at Emory University

#6

University of Pennsylvania

Philadelphia, PA

University of Pennsylvania ranked #6 on this year’s Best Business & Commerce Schools list. Located in the city of Philadelphia, UPenn is a private not-for-profit school with a very large student population.

Read full report on General Business/Commerce at University of Pennsylvania

#7

Wake Forest University

Winston-Salem, NC

With a ranking of #7, Wake Forest University did quite well on this year’s best schools for general business/commerce students. Located in the city of Winston-Salem, Wake Forest University is a private not-for-profit school with a moderately-sized student population.

General Business majors at Wake Forest University take out an average of $18,899 in student loans while working on their egree.

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The University of Texas at Austin ranked #8 on this year’s Best Business & Commerce Schools list. Located in the large city of Austin, UT Austin is a public school with a very large student population.

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Indiana Wesleyan University - National & Global ranked #9 on this year’s Best Business & Commerce Schools list. Located in the rural area of Marion, IWU is a private not-for-profit school with a fairly large student population.

On average, general business graduates from IWU take out $24,250 in student loans while working on their degree.

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#10

New York University

New York, NY

New York University landed the #10 spot in the 2023 rankings for the best general business/commerce programs. Located in the large city of New York, NYU is a private not-for-profit school with a very large student population.

After completing their degree, general business graduates from NYU carry an average student debtload of $19,500. For students who choose a 10-year repayment plan, the average monthly student loan payment is $956.

Read full report on General Business/Commerce at New York University

Indiana University - Bloomington landed the #11 spot in the 2023 rankings for the best general business/commerce programs. IU Bloomington is a fairly large public school located in the small city of Bloomington.

On average, general business graduates from IU Bloomington take out $26,667 in student loans while working on their degree. Assuming that a graduate chooses a 10-year repayment plan, the average monthly loan payment is $517.

Read full report on General Business/Commerce at Indiana University - Bloomington

#12

Anoka-Ramsey Community College

Coon Rapids, MN

Anoka-Ramsey Community College did quite well in this year’s ranking of the best schools for general business/commerce students. It came in at #12 on the list. Anoka-Ramsey Community College-Coon Rapids Campus is a medium-sized public school located in the suburb of Coon Rapids.

General Business majors at Anoka-Ramsey Community College-Coon Rapids Campus take out an average of $20,186 in student loans while working on their egree.

Read full report on General Business/Commerce at Anoka-Ramsey Community College

Anne Arundel Community College came in at #13 in this year’s edition of the Best Business & Commerce Schools ranking. Located in the suburb of Arnold, AACC is a public college with a fairly large student population.

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#14

Virginia Tech

Blacksburg, VA

Virginia Tech landed the #14 spot in the 2023 rankings for the best general business/commerce programs. Virginia Tech is a very large public school located in the small city of Blacksburg.

Full General Business/Commerce at Virginia Tech Report

University of Missouri - Columbia came in at #15 in this year’s edition of the Best Business & Commerce Schools ranking. Located in the medium-sized city of Columbia, Mizzou is a public college with a fairly large student population.

The average amount in student loans that general business majors at Mizzou take out is $28,101. When it comes time to repay the loan, graduates who are on a 10-year repayment plan pay an average monthly payment of $659.

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#16

Illinois Wesleyan University

Bloomington, IL

Illinois Wesleyan University ranked #16 on this year’s Best Business & Commerce Schools list. Illinois Wesleyan is a small private not-for-profit school located in the city of Bloomington.

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University of Wisconsin - Madison ranked #17 on this year’s Best Business & Commerce Schools list. Located in the city of Madison, UW - Madison is a public school with a fairly large student population.

The average amount in student loans that general business majors at UW - Madison take out is $50,847.

Full General Business/Commerce at University of Wisconsin - Madison Report

University of Southern California did quite well in this year’s ranking of the best schools for general business/commerce students. It came in at #18 on the list. USC is a very large private not-for-profit school located in the large city of Los Angeles.

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American Public University System ranked #19 on this year’s Best Business & Commerce Schools list. American Military University is a very large private for-profit school located in the town of Charles Town.

On average, general business graduates from American Military University take out $21,625 in student loans while working on their degree.

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#20

University of Georgia

Athens, GA

University of Georgia came in at #20 in this year’s edition of the Best Business & Commerce Schools ranking. UGA is a fairly large public school located in the city of Athens.

After completing their degree, general business graduates from UGA carry an average student debtload of $23,966.

Full General Business/Commerce at University of Georgia Report

#21

Michigan State University

East Lansing, MI

With a ranking of #21, Michigan State University did quite well on this year’s best schools for general business/commerce students. Michigan State is a very large public school located in the small city of East Lansing.

General Business majors at Michigan State take out an average of $78,686 in student loans while working on their egree.

Full General Business/Commerce at Michigan State University Report

#22

Northeastern University

Boston, MA

Northeastern University ranked #22 on this year’s Best Business & Commerce Schools list. Northeastern is a fairly large private not-for-profit school located in the large city of Boston.

On average, general business graduates from Northeastern take out $35,167 in student loans while working on their degree. This translates to an average monthly loan payment of $570, based on a 10-year repayment plan.

Read full report on General Business/Commerce at Northeastern University

#23

Johns Hopkins University

Baltimore, MD

Johns Hopkins University ranked #23 on this year’s Best Business & Commerce Schools list. Johns Hopkins is a fairly large private not-for-profit school located in the city of Baltimore.

While working on their degree, general business majors at Johns Hopkins accumulate an average of around $61,449 in student debt.

Full General Business/Commerce at Johns Hopkins University Report

#24

Walsh College

Troy, MI

Walsh College came in at #24 in this year’s edition of the Best Business & Commerce Schools ranking. Walsh is a small private not-for-profit school located in the city of Troy.

General Business majors at Walsh take out an average of $16,854 in student loans while working on their egree.

Read full report on General Business/Commerce at Walsh College

#25

Lehigh University

Bethlehem, PA

Lehigh University came in at #25 in this year’s edition of the Best Business & Commerce Schools ranking. Located in the city of Bethlehem, Lehigh is a private not-for-profit college with a moderately-sized student population.

Read full report on General Business/Commerce at Lehigh University

Rest of the Top 50 Best Business & Commerce Schools

#27

Brandeis University

Waltham, MA
#28

Normandale Community College

Bloomington, MN
#29

Rio Salado College

Tempe, AZ
#30

Southeast Technical College

Sioux Falls, SD
#31

Baylor University

Waco, TX
#32

University of Arkansas

Fayetteville, AR
#33

Bellevue University

Bellevue, NE
#34

The Graduate Center, CUNY

New York, NY
#35

Gonzaga University

Spokane, WA
#38

North Hennepin Community College

Brooklyn Park, MN
#39

Gustavus Adolphus College

Saint Peter, MN
#40

John Brown University

Siloam Springs, AR
#41

Kansas State University

Manhattan, KS
#42

Texas Tech University

Lubbock, TX
#44

Montgomery College

Rockville, MD
#47

Valparaiso University

Valparaiso, IN
#50

Wartburg College

Waverly, IA

Remaining Award Winners

This list represents the remainder of the colleges awarded a Best Business & Commerce Schools badge. Showing in this list means the college was ranked in the top 15% of the 546 different United States general business/commerce schools we analyzed.

Rank College Location
51 Citadel Military College of South Carolina Charleston, SC
52 Temple University Philadelphia, PA
53 George Mason University Fairfax, VA
54 Northern Essex Community College Haverhill, MA
55 Loyola Marymount University Los Angeles, CA
56 College of Western Idaho Nampa, ID
57 George Washington University Washington, DC
58 Clarkson University Potsdam, NY
59 University of Redlands Redlands, CA
60 University of Maryland - College Park College Park, MD
61 Washington & Jefferson College Washington, PA
62 Miami University - Oxford Oxford, OH
63 Alexandria Technical & Community College Alexandria, MN
64 El Centro College Dallas, TX
65 Mesa Community College Mesa, AZ
66 Strayer University - Georgia Chamblee, GA
67 University of Houston - Clear Lake Houston, TX
68 Saint Cloud State University Saint Cloud, MN
69 DeSales University Center Valley, PA
70 Skidmore College Saratoga Springs, NY
71 University of Kansas Lawrence, KS
72 College of Southern Maryland La Plata, MD
73 SUNY Empire State College Saratoga Springs, NY
74 Central Methodist University - College of Graduate & Extended Studies Fayette, MO
75 Bismarck State College Bismarck, ND
76 Southwestern University Georgetown, TX
77 Excelsior University Albany, NY
78 Community College of Vermont Montpelier, VT
79 Baker University Baldwin City, KS
80 Drexel University Philadelphia, PA
81 Ball State University Muncie, IN

Additional Noteworthy Schools

Here are some additional great schools for Business & Commerce students that almost earned our Best Business & Commerce Schools award.

Rank College Location
82 James A Rhodes State College Lima, OH
83 Strayer University - Virginia Arlington, VA
84 Mount St Mary’s University Emmitsburg, MD
85 Saint Paul College Saint Paul, MN
86 Strayer University - Global Region Washington, DC
87 St Cloud Technical and Community College Saint Cloud, MN
88 Harrisburg Area Community College Harrisburg, PA
89 Saint Joseph’s University Philadelphia, PA
90 Duquesne University Pittsburgh, PA
91 Randolph - Macon College Ashland, VA
92 Indiana University - Purdue University - Indianapolis Indianapolis, IN
93 Strayer University - North Carolina Greensboro, NC
94 Harvard University Cambridge, MA
95 University of Baltimore Baltimore, MD
96 Bristol Community College Fall River, MA
97 Springfield Technical Community College Springfield, MA
98 ,
99 University of Cincinnati - Clermont College Batavia, OH
100 Frederick Community College Frederick, MD
101 Century College White Bear Lake, MN
102 Minnesota State Community and Technical College Fergus Falls, MN
103 Pace University - New York New York, NY
104 DeVry University - Illinois Naperville, IL
105 Austin Community College District Austin, TX
106 Truckee Meadows Community College Reno, NV
107 Strayer University - Maryland Suitland, MD
108 University of Missouri - St Louis Saint Louis, MO
109 Strayer University - South Carolina Greenville, SC

General Business/Commerce by Region

View the Best Business & Commerce Schools for a specific region near you.

Region
Southeast
New England
Rocky Mountains
Plains States
Middle Atlantic
Far Western US
Southwest
Other U.S. Territories
Great Lakes

General Business/Commerce is one of 21 different types of business programs to choose from.

General Business Focus Areas

Major Annual Graduates
General Business/Commerce 56,779

Majors Similar to General Business

Related Major Annual Graduates
Business Administration & Management 403,753
Accounting 93,982
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).
  • Credit for the banner image above goes to U.S. Consulate General Munich.

More about our data sources and methodologies.

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