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With all the business programs available today, it can be tough to choose which one is the best for you. Along with traditional schools that require in-person attendence, you can attend one of many reputable online schools. Some programs even offer a hybrid experience. Also, there are a number of trade schools and bootcamp with offerings that you might find attractive.

The <nil> ranking is one of many tools that Business Degree Central has developed to help you make your educational decision. 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.

Top Business Master's Degree Schools in the Great Lakes Region of the U.S.

Learn more about these excellent schools below:

#1

University of Chicago

Chicago, Illinois
$63,936 Average Tuition & Fees

Our analysis found University of Chicago to be the best school for business students who want to pursue a master’s degree in the Great Lakes Region .

Full University of Chicago Report

#2

University of Notre Dame

Notre Dame, Indiana
$58,662 Average Tuition & Fees

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 business schools in the Great Lakes Region .

Online graduate courses are available at Notre Dame, but you will need to check with the school to see if they are available for your field of interest. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 45% took at least some of their classes online.

Read More…

#3

Northwestern University

Evanston, Illinois
$56,567 Average Tuition & Fees

Out of the 166 schools in the Great Lakes Region that were part of this year’s ranking, Northwestern University landed the # 3 spot on the list.

If you are interested in distance education, be sure to check with the school since Northwestern does offer online graduate classes for certain majors. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 2% took at least some of their classes online.

Full Northwestern University Report

#4

University of Michigan - Ann Arbor

Ann Arbor, Michigan
$25,230 Average Tuition & Fees

You’ll be in good company if you decide to attend University of Michigan - Ann Arbor. It ranked #4 on our list.

Some students may be able to take online graduate classes at U-M. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 74% took at least some of their classes online.

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$17,823 Average Tuition & Fees

A rank of #5 on this year’s list means University of Illinois at Urbana-Champaign is a great place for business students working on their master’s degree.

Online graduate courses are available at UIUC, but you will need to check with the school to see if they are available for your field of interest. During the 2019-2020 year, about 90% of the graduate students at the school took at least one online course.

Read More…

#6

Milwaukee School of Engineering

Milwaukee, Wisconsin
$24,917 Average Tuition & Fees

With a ranking of #6, Milwaukee School of Engineering did quite well on this year’s best schools for business students working on their master’s degree.

MSOE does offer online graduate classes for certain degree levels. During the 2019-2020 year, about 31% of the graduate students at the school took at least one online course.

Read More…

#7

Kettering University

Flint, Michigan

Kettering University ranked #7 on this year’s list.

Some students may be able to take online graduate classes at Kettering. To give an idea of how popular online courses are at the school, 92% of graduates took at least one course online in 2019-2020.

Read More…

#8

Indiana University - Bloomington

Bloomington, Indiana
$11,329 Average Tuition & Fees

Indiana University - Bloomington did quite well in this year’s ranking of the best places for business students to get a master’s degree. It came in at #8 on the list.

You may have the opportunity to take online graduate classes at IU Bloomington. During the 2019-2020 year, about 74% of the graduate students at the school took at least one online course.

Read full report on Indiana University - Bloomington

#9

University of Wisconsin - Madison

Madison, Wisconsin
$12,175 Average Tuition & Fees

University of Wisconsin - Madison did quite well in this year’s ranking of the best places for business students to get a master’s degree. It came in at #9 on the list.

Some students may be able to take online graduate classes at UW - Madison. In fact, around 75% of the graduate population registered for at least one online class in 2019-2020.

Read full report on University of Wisconsin - Madison

#10

Michigan State University

East Lansing, Michigan

Michigan State University came in at #10 in this year’s edition of the ranking.

Michigan State does offer online graduate classes for certain degree levels. In fact, around 65% of the graduate population registered for at least one online class in 2019-2020.

Read More…

#11

Calvin University

Grand Rapids, Michigan

Calvin University came in at #11 in this year’s edition of the ranking.

Depending on your major, you may be able to take online graduate classes at Calvin. In 2019-2020 about 44% of the graduate students at the school chose to take one or more online courses.

Read full report on Calvin University

#12

Marquette University

Milwaukee, Wisconsin

Marquette University came in at #12 in this year’s edition of the ranking.

One thing to take note of is that Marquette does offer online graduate classes in some areas. In fact, around 58% of the graduate population registered for at least one online class in 2019-2020.

Read More…

#13

Butler University

Indianapolis, Indiana

Butler University came in at #13 in this year’s edition of the ranking.

If you are interested in distance education, be sure to check with the school since Butler does offer online graduate classes for certain majors. During the 2019-2020 year, about 24% of the graduate students at the school took at least one online course.

Read full report on Butler University

#14

Purdue University - Main Campus

West Lafayette, Indiana
$9,992 Average Tuition & Fees

Purdue University - Main Campus landed the #14 spot in the rankings for the best master’s degree business programs.

If you are interested in distance education, be sure to check with the school since Purdue does offer online graduate classes for certain majors. In fact, around 60% of the graduate population registered for at least one online class in 2019-2020.

Read full report on Purdue University - Main Campus

$12,425 Average Tuition & Fees

Ohio State University - Main Campus landed the #15 spot in the rankings for the best master’s degree business programs.

Ohio State does have options available for those who want to take online graduate classes. You will need to check with the school to see if they are available for your specific major. In fact, around 76% of the graduate population registered for at least one online class in 2019-2020.

Full Ohio State University - Main Campus Report

#16

Miami University - Oxford

Oxford, Ohio
$13,878 Average Tuition & Fees

Miami University - Oxford ranked #16 on this year’s list.

Miami University - Oxford does offer online graduate classes for certain degree levels. To give an idea of how popular online courses are at the school, 36% of graduates took at least one course online in 2019-2020.

Read full report on Miami University - Oxford

#17

University of Wisconsin - Platteville

Platteville, Wisconsin
$9,257 Average Tuition & Fees

University of Wisconsin - Platteville landed the #17 spot in the rankings for the best master’s degree business programs.

Some students may be able to take online graduate classes at UW - Platteville. During the 2019-2020 year, about 94% of the graduate students at the school took at least one online course.

Read full report on University of Wisconsin - Platteville

$30,240 Average Tuition & Fees

With a ranking of #18, Ohio Northern University did quite well on this year’s best schools for business students working on their master’s degree.

ONU does have options available for those who want to take online graduate classes. You will need to check with the school to see if they are available for your specific major. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 23% took at least some of their classes online.

Full Ohio Northern University Report

#19

Illinois Institute of Technology

Chicago, Illinois
$30,822 Average Tuition & Fees

Illinois Institute of Technology came in at #19 in this year’s edition of the ranking.

Some students may be able to take online graduate classes at Illinois Tech. In 2019-2020 about 42% of the graduate students at the school chose to take one or more online courses.

Read full report on Illinois Institute of Technology

#20

Rasmussen University - Illinois

Rockford, Illinois
$5,615 Average Tuition & Fees

Rasmussen University - Illinois came in at #20 in this year’s edition of the ranking.

If you are interested in distance education, Rasmussen University - Illinois is an excellent choice, since graduate classes are offered online.

Full Rasmussen University - Illinois Report

$49,398 Average Tuition & Fees

Case Western Reserve University landed the #21 spot in the rankings for the best master’s degree business programs.

One thing to take note of is that Case Western does offer online graduate classes in some areas. In 2019-2020 about 17% of the graduate students at the school chose to take one or more online courses.

Read full report on Case Western Reserve University

#22

Bradley University

Peoria, Illinois
$17,400 Average Tuition & Fees

Bradley University did quite well in this year’s ranking of the best places for business students to get a master’s degree. It came in at #22 on the list.

You may have the opportunity to take online graduate classes at Bradley. In fact, around 95% of the graduate population registered for at least one online class in 2019-2020.

Full Bradley University Report

#23

Loyola University Chicago

Chicago, Illinois
$19,894 Average Tuition & Fees

With a ranking of #23, Loyola University Chicago did quite well on this year’s best schools for business students working on their master’s degree.

Online graduate courses are available at Loyola Chicago, but you will need to check with the school to see if they are available for your field of interest. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 92% took at least some of their classes online.

Read full report on Loyola University Chicago

#24

University of Wisconsin - Stout

Menomonie, Wisconsin
$8,737 Average Tuition & Fees

University of Wisconsin - Stout landed the #24 spot in the rankings for the best master’s degree business programs.

Depending on your major, you may be able to take online graduate classes at UW - Stout. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 85% took at least some of their classes online.

Read More…

#25

Illinois State University

Normal, Illinois
$9,773 Average Tuition & Fees

Illinois State University ranked #25 on this year’s list.

If you are interested in distance education, be sure to check with the school since Illinois State does offer online graduate classes for certain majors. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 81% took at least some of their classes online.

Read full report on Illinois State University

Honorable Mentions

These schools also performed well in our best business schools ranking:

Rank School Location
26 University of Wisconsin - Eau Claire Eau Claire, WI
27 Xavier University Cincinnati, OH
28 Trine University-Regional/Non-Traditional Campuses Fort Wayne, IN
29 DePaul University Chicago, IL
30 Lawrence Technological University Southfield, MI
31 University of Dayton Dayton, OH
32 Michigan Technological University Houghton, MI
33 John Carroll University University Heights, OH
34 Northern Illinois University Dekalb, IL

Notes and References

Footnotes

*These averages are for the top 25 schools only.

References

  • 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 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).
  • Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.

More about our data sources and methodologies.

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