2023 Best Business & Commerce Master's Degree Schools
Finding the Best General Business/Commerce Master's Degree 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 Master's Degree Schools ranking. This report analyzed 107 schools in the United States to see which ones offered the best master's degree programs 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 General Business/Commerce Master’s Degree Schools in the United States
Check out the general business master's degree programs at these schools if you want to get the best education that money can buy.
Top 15% Best General Business/Commerce Master's Degree Schools
Our analysis found Massachusetts Institute of Technology to be the best school for general business/commerce students who want to pursue a master’s degree in the United States. MIT is a large private not-for-profit school located in the midsize city of Cambridge.
General Business majors at MIT take out an average of $70,317 in student loans while working on their Master's Degree.
Full General Business/Commerce at Massachusetts Institute of Technology Report
The excellent master’s degree programs at University of Notre Dame helped the school earn the #2 place on this year’s ranking of the best general business/commerce schools in the United States. Located in the suburb of Notre Dame, Notre Dame is a private not-for-profit school with a fairly large student population.
A rank of #3 on this year’s list means Northwestern University is a great place for general business/commerce students working on their master’s degree. Located in the small city of Evanston, Northwestern is a private not-for-profit school with a very large student population.
The average amount in student loans that general business majors at Northwestern take out while working on their Master's Degree is $87,603.
Full General Business/Commerce at Northwestern University Report
A rank of #4 on this year’s list means University of Chicago is a great place for general business/commerce students working on their master’s degree. UChicago is a large private not-for-profit school located in the large city of Chicago.
Read full report on General Business/Commerce at University of Chicago
Out of the 107 schools in the United States that were part of this year’s ranking, University of Pennsylvania landed the # 5 spot on the 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
Indiana University - Bloomington came in at #6 in this year’s edition of the Best Business & Commerce Master’s Degree Schools ranking. IU Bloomington is a fairly large public school located in the small city of Bloomington.
While working on their Master's Degree, general business majors at IU Bloomington accumulate an average of around $48,043 in student debt.
Read full report on General Business/Commerce at Indiana University - Bloomington
Michigan State University came in at #7 in this year’s edition of the Best Business & Commerce Master’s Degree Schools ranking. Michigan State is a fairly large public school located in the city of East Lansing.
After completing their Master's Degree, general business graduates from Michigan State carry an average student debtload of $75,240.
Read full report on General Business/Commerce at Michigan State University
Johns Hopkins University did quite well in this year’s ranking of the best places for general business/commerce students to get a master’s degree. It came in at #8 on the list. Johns Hopkins is a fairly large private not-for-profit school located in the city of Baltimore.
While working on their Master's Degree, general business majors at Johns Hopkins accumulate an average of around $69,291 in student debt.
University of Wisconsin - Madison came in at #9 in this year’s edition of the Best Business & Commerce Master’s Degree Schools ranking. Located in the large 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 while working on their Master's Degree is $52,238.
New York University landed the #10 spot in the 2023 rankings for the best master’s degree general business/commerce programs. Located in the city of New York, NYU is a private not-for-profit school with a very large student population.
Full General Business/Commerce at New York University Report
Lehigh University came in at #11 in this year’s edition of the Best Business & Commerce Master’s Degree Schools ranking. Located in the small city of Bethlehem, Lehigh is a private not-for-profit school with a medium-sized student population.
Read full report on General Business/Commerce at Lehigh University
Worcester Polytechnic Institute did quite well in this year’s ranking of the best places for general business/commerce students to get a master’s degree. It came in at #12 on the list. WPI is a moderately-sized private not-for-profit school located in the medium-sized city of Worcester.
With a ranking of #13, Texas Tech University did quite well on this year’s best schools for general business/commerce students working on their master’s degree. Located in the city of Lubbock, Texas Tech is a public college with a very large student population.
Full General Business/Commerce at Texas Tech University Report
Citadel Military College of South Carolina came in at #14 in this year’s edition of the Best Business & Commerce Master’s Degree Schools ranking. The Citadel is a small public school located in the city of Charleston.
Loyola Marymount University ranked #15 on this year’s Best Business & Commerce Master’s Degree Schools list. Loyola Marymount is a large private not-for-profit school located in the large city of Los Angeles.
While working on their Master's Degree, general business majors at Loyola Marymount accumulate an average of around $99,496 in student debt.
Read full report on General Business/Commerce at Loyola Marymount University
With a ranking of #16, George Mason University did quite well on this year’s best schools for general business/commerce students working on their master’s degree. GMU is a fairly large public school located in the suburb of Fairfax.
Additional Noteworthy Schools
Here are some additional great schools for Business & Commerce students that almost earned our Best Business & Commerce Master's Degree Schools award.
| Rank | College | Location |
|---|---|---|
| 17 | Northeastern University | Boston, MA |
| 18 | Gonzaga University | Spokane, WA |
| 19 | University of Maryland - College Park | College Park, MD |
| 20 | University of Missouri - Columbia | Columbia, MO |
| 21 | Saint Joseph’s University | Philadelphia, PA |
General Business/Commerce by Region
View the Best Business & Commerce Master's Degree 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 Related Rankings by Major
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.
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More about our data sources and methodologies.
Featured Schools
You have goals. Southern New Hampshire University can help you get there. Whether you need a bachelor's degree to get into a career or want a master's degree to move up in your current career, SNHU has an online program for you. Find your degree from over 200 online programs.
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