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Identifying High-Quality Schools With More Affordable Pricing
When it comes to higher education, there are a lot of options for business students. 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. Alternatively, you may choose a trade school or bootcamp that prepares you to enter the workforce with knowledge in a specific field.
To assist you in seeing some of the education options that are available to you, Business Degree Central has created its <nil> ranking.
When determining this ranking, we place a high emphasis on the school's quality as well as its sticker price. Even though a college may be affordable, it may not offer value. More specifically, we discount our quality score by the published tuition and fees charged by a school. This gives the cost per unit of quality for each college. The value is determined by how much quality your dollar buys.
Our calculations use out-of-state tuition and fees in our nationwide and regional rankings. Average in-state tuition and fees are used for our statewide rankings.
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Top Value Business Master's Degree Schools in Michigan
Learn more about these excellent schools below:
Our rankings named Kettering University the best value school in Michigan for business students working on their master’s degree. Located in Flint, Michigan, the small private not-for-profit school awarded 147 diplomas to qualifed master’s degree students in 2020-2021.
Out-of-state tuition fees for graduate students at Kettering are $15,128 per year.
You may have the opportunity to take online graduate classes at Kettering. In 2019-2020 about 92% of the graduate students at the school chose to take one or more online courses.
Kettering also made our list, coming in at #2.
A rank of #2 on this year’s list means Spring Arbor University is a great place for business students working on their master’s degree who want the most bang for their educational buck. This small private not-for-profit school is located in Spring Arbor, Michigan, and it awarded 65 master’s degrees in 2020-2021.
The average tuition and fees for an out-of-state graduate students at Spring Arbor are $8,383 a year.
Spring Arbor does offer online graduate classes for certain degree levels. To give an idea of how popular online courses are at the school, 93% of graduates took at least one course online in 2019-2020.
You’ll be in good company if you decide to attend University of Michigan - Ann Arbor. It ranked #3 on our list. U-M is a public institution located in Ann Arbor, Michigan. The school has a large population, and it awarded 1,087 master’s degrees in 2020-2021.
U-M graduate students pay an average of $50,464 in tuition and fees each year.
Some students may be able to take online graduate classes at U-M. During the 2019-2020 year, about 74% of the graduate students at the school took at least one online course.
U-M also made our list, coming in at #1.
You’ll join some of the best and brightest minds around you if you attend Michigan State University. The school came in at #4 on this year’s list. Michigan State is a large public school situated in East Lansing, Michigan. It awarded 791 master’s degrees in 2020-2021.
The average tuition and fees for an out-of-state graduate students at Michigan State are $38,638 a year.
Some students may be able to take online graduate classes at Michigan State. In 2019-2020 about 65% of the graduate students at the school chose to take one or more online courses.
Michigan State not only placed well in our value ranking, but it is also #3 on our list.
You’ll be in good company if you decide to attend University of Michigan - Dearborn. It ranked #5 on our list. This medium-sized public school is located in Dearborn, Michigan, and it awarded 166 master’s degrees in 2020-2021.
The average tuition and fees for an out-of-state graduate students at UM Dearborn are $25,552 a year.
Some students may be able to take online graduate classes at UM Dearborn. During the 2019-2020 year, about 88% of the graduate students at the school took at least one online course.
With a ranking of #6, Central Michigan University did quite well on this year’s best value schools for business students working on their master’s degree. Located in Mount Pleasant, Michigan, the fairly large public school handed out 679 master’s degree awards in 2020-2021.
The average tuition and fees for an out-of-state graduate students at Central Michigan are $15,644 a year.
Depending on your major, you may be able to take online graduate classes at Central Michigan. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 61% took at least some of their classes online.
With a ranking of #7, Lawrence Technological University did quite well on this year’s best value schools for business students working on their master’s degree. This small private not-for-profit school is located in Southfield, Michigan, and it awarded 55 master’s degrees in 2020-2021.
Lawrence Tech graduate students pay an average of $18,436 in tuition and fees each year.
Some students may be able to take online graduate classes at Lawrence Tech. To give an idea of how popular online courses are at the school, 95% of graduates took at least one course online in 2019-2020.
Lawrence Tech also made our list, coming in at #4.
University of Michigan - Flint ranked #8 on this year’s list. University of Michigan - Flint is a medium-sized public school located in Flint, Michigan that handed out 77 master’s degrees in 2020-2021.
Out-of-state tuition fees for graduate students at UM Flint are $18,747 per year.
If you are interested in distance education, be sure to check with the school since UM Flint does offer online graduate classes for certain majors. In 2019-2020 about 63% of the graduate students at the school chose to take one or more online courses.
Siena Heights University landed the #8 spot in the rankings for the best value master’s degree business programs. Siena Heights University is located in Adrian, Michigan and has a small student population. In 2020-2021, this school awarded 52 master’s degrees to qualified students.
The average tuition and fees for an out-of-state graduate students at Siena Heights University are $13,458 a year.
Siena Heights University 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. During the 2019-2020 year, about 78% of the graduate students at the school took at least one online course.
Grand Valley State University landed the #10 spot in the rankings for the best value master’s degree business programs. Located in Allendale, Michigan, the large public school handed out 130 master’s degree awards in 2020-2021.
Out-of-state tuition fees for graduate students at GVSU are $17,904 per year.
If you are interested in distance education, be sure to check with the school since GVSU does offer online graduate classes for certain majors. During the 2019-2020 year, about 73% of the graduate students at the school took at least one online course.
Oakland University did quite well in this year’s ranking of the best value places for business students to get a master’s degree. It came in at #11 on the list. Oakland is a public institution located in Rochester Hills, Michigan. The school has a fairly large population, and it awarded 138 master’s degrees in 2020-2021.
Oakland graduate students pay an average of $24,648 in tuition and fees each year.
If you are interested in distance education, be sure to check with the school since Oakland does offer online graduate classes for certain majors. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 88% took at least some of their classes online.
Western Michigan University did quite well in this year’s ranking of the best value places for business students to get a master’s degree. It came in at #12 on the list. WMU is a fairly large public school situated in Kalamazoo, Michigan. It awarded 145 master’s degrees in 2020-2021.
WMU graduate students pay an average of $26,248 in tuition and fees each year.
One thing to take note of is that WMU does offer online graduate classes in some areas. In fact, around 67% of the graduate population registered for at least one online class in 2019-2020.
Northern Michigan University ranked #13 on this year’s list. Located in Marquette, Michigan, the medium-sized public school handed out 14 master’s degree awards in 2020-2021.
Northern Michigan University graduate students pay an average of $14,068 in tuition and fees each year.
Some students may be able to take online graduate classes at Northern Michigan University. In 2019-2020 about 79% of the graduate students at the school chose to take one or more online courses.
With a ranking of #14, Baker College did quite well on this year’s best value schools for business students working on their master’s degree. Located in Owosso, Michigan, the small private not-for-profit school handed out 64 master’s degree awards in 2020-2021.
Baker College graduate students pay an average of $12,750 in tuition and fees each year.
One thing to take note of is that Baker College does offer online graduate classes in some areas. In 2019-2020 about 87% of the graduate students at the school chose to take one or more online courses.
Concordia University, Ann Arbor did quite well in this year’s ranking of the best value places for business students to get a master’s degree. It came in at #15 on the list. Located in Ann Arbor, Michigan, the small private not-for-profit school awarded 6 diplomas to qualifed master’s degree students in 2020-2021.
The average tuition and fees for an out-of-state graduate students at Concordia University, Ann Arbor are $12,995 a year.
Depending on your major, you may be able to take online graduate classes at Concordia University, Ann Arbor. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 77% took at least some of their classes online.
Eastern Michigan University landed the #16 spot in the rankings for the best value master’s degree business programs. Located in Ypsilanti, Michigan, the fairly large public school handed out 177 master’s degree awards in 2020-2021.
Eastern Michigan graduate students pay an average of $28,818 in tuition and fees each year.
Online graduate courses are available at Eastern Michigan, 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 93% of the graduate students at the school took at least one online course.
Madonna University came in at #17 in this year’s edition of the ranking. Livonia, Michigan is the setting for this small institution of higher learning. The private not-for-profit school handed out master’s degrees to 41 students in 2020-2021.
Madonna graduate students pay an average of $16,380 in tuition and fees each year.
One thing to take note of is that Madonna does offer online graduate classes in some areas. In fact, around 69% of the graduate population registered for at least one online class in 2019-2020.
With a ranking of #18, Michigan Technological University did quite well on this year’s best value schools for business students working on their master’s degree. This medium-sized public school is located in Houghton, Michigan, and it awarded 40 master’s degrees in 2020-2021.
Out-of-state tuition fees for graduate students at Michigan Tech are $22,981 per year.
Online graduate courses are available at Michigan Tech, 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 30% took at least some of their classes online.
In addition to its best value ranking, and one of the reasons why the school is on the list, Michigan Tech is ranked #5 for overall quality in Michigan.
Wayne State University did quite well in this year’s ranking of the best value places for business students to get a master’s degree. It came in at #19 on the list. Wayne State is a public institution located in Detroit, Michigan. The school has a large population, and it awarded 506 master’s degrees in 2020-2021.
Wayne State graduate students pay an average of $38,667 in tuition and fees each year.
Some students may be able to take online graduate classes at Wayne State. In fact, around 75% of the graduate population registered for at least one online class in 2019-2020.
University of Detroit Mercy landed the #20 spot in the rankings for the best value master’s degree business programs. Detroit Mercy is a private not-for-profit institution located in Detroit, Michigan. The school has a medium-sized population, and it awarded 85 master’s degrees in 2020-2021.
Out-of-state tuition fees for graduate students at Detroit Mercy are $21,276 per year.
Detroit Mercy 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 74% of the graduate population registered for at least one online class in 2019-2020.
Cornerstone University ranked #21 on this year’s list. Cornerstone University is a small private not-for-profit school located in Grand Rapids, Michigan that handed out 53 master’s degrees in 2020-2021.
Cornerstone graduate students pay an average of $14,960 in tuition and fees each year.
Some students may be able to take online graduate classes at Cornerstone. In fact, around 73% of the graduate population registered for at least one online class in 2019-2020.
Davenport University did quite well in this year’s ranking of the best value places for business students to get a master’s degree. It came in at #22 on the list. Davenport University is a medium-sized private not-for-profit school situated in Grand Rapids, Michigan. It awarded 259 master’s degrees in 2020-2021.
The average tuition and fees for an out-of-state graduate students at Davenport University are $17,208 a year.
Depending on your major, you may be able to take online graduate classes at Davenport University. In 2019-2020 about 96% of the graduate students at the school chose to take one or more online courses.
Olivet College did quite well in this year’s ranking of the best value places for business students to get a master’s degree. It came in at #23 on the list. Olivet is located in Olivet, Michigan and has a very small student population. In 2020-2021, this school awarded 34 master’s degrees to qualified students.
Out-of-state tuition fees for graduate students at Olivet are $0 per year.
If you are interested in distance education, Olivet is an excellent choice, since graduate classes are offered online.
Andrews University landed the #24 spot in the rankings for the best value master’s degree business programs. This small private not-for-profit school is located in Berrien Springs, Michigan, and it awarded 47 master’s degrees in 2020-2021.
Out-of-state tuition fees for graduate students at Andrews are $29,630 per year.
One thing to take note of is that Andrews does offer online graduate classes in some areas. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 36% took at least some of their classes online.
More Michigan Rankings
Notes and References
Footnotes
*These averages are for the top 24 schools only.
References
- 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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