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Identifying High-Quality Schools With More Affordable Pricing
There are lots of options to pick from today when trying to decide which business program is right for you. You're no longer limited to schools in your local area, either, since online programs are becoming more prevalent. Or you may find the programs at a trade school or bootcamp to be a better alternative for you.
The <nil> ranking is one of many tools that Business Degree Central has developed to help you make your educational decision.
Our ranking of value is based on the quality of a program as defined in our per sticker price dollar. 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.
In our regional and nationwide rankings, out-of-state tution and fees are used in our calculations. Average in-state tuition and fees are used for our statewide rankings.
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Top Value Business Master's Degree Schools in Maryland
Learn more about these excellent schools below:
Our rankings named McDaniel College the best value school in Maryland for business students working on their master’s degree. McDaniel College is a small private not-for-profit school located in Westminster, Maryland that handed out 3 master’s degrees in 2020-2021.
The average tuition and fees for an out-of-state graduate students at McDaniel are $9,568 a year.
If you are interested in distance education, McDaniel is an excellent choice, since graduate classes are offered online.
In addition to its best value ranking, and one of the reasons why the school is on the list, McDaniel is ranked #4 for overall quality in Maryland.
You’ll be in good company if you decide to attend Goucher College. It ranked #2 on our list. Goucher College is a small private not-for-profit school located in Baltimore, Maryland that handed out 6 master’s degrees in 2020-2021.
Out-of-state tuition fees for graduate students at Goucher are $9,765 per year.
You may have the opportunity to take online graduate classes at Goucher. In fact, around 96% of the graduate population registered for at least one online class in 2019-2020.
The excellent master’s degree programs at Towson University helped the school earn the #3 place on this year’s ranking of the best value business schools in Maryland. Towson is a large public school situated in Towson, Maryland. It awarded 147 master’s degrees in 2020-2021.
Towson graduate students pay an average of $19,890 in tuition and fees each year.
Towson does offer online graduate classes for certain degree levels. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 100% took at least some of their classes online.
Towson also made our list, coming in at #5.
A rank of #4 on this year’s list means University of Maryland Global Campus is a great place for business students working on their master’s degree who want the most bang for their educational buck. UMGC is a public institution located in Adelphi, Maryland. The school has a large population, and it awarded 2,308 master’s degrees in 2020-2021.
UMGC graduate students pay an average of $12,132 in tuition and fees each year.
Some students may be able to take online graduate classes at UMGC. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 91% took at least some of their classes online.
Out of the 15 schools in Maryland that were part of this year’s value ranking, University of Maryland - College Park landed the # 5 spot on the list. This large public school is located in College Park, Maryland, and it awarded 808 master’s degrees in 2020-2021.
The average tuition and fees for an out-of-state graduate students at UMCP are $35,755 a year.
UMCP does offer online graduate classes for certain degree levels. During the 2019-2020 year, about 75% of the graduate students at the school took at least one online course.
UMCP also made our list, coming in at #2.
With a ranking of #6, Hood College 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 Frederick, Maryland, and it awarded 22 master’s degrees in 2020-2021.
The average tuition and fees for an out-of-state graduate students at Hood are $9,080 a year.
If you are interested in distance education, be sure to check with the school since Hood does offer online graduate classes for certain majors. In 2019-2020 about 43% of the graduate students at the school chose to take one or more online courses.
With a ranking of #7, Salisbury 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 Salisbury, Maryland, and it awarded 32 master’s degrees in 2020-2021.
Salisbury graduate students pay an average of $15,765 in tuition and fees each year.
One thing to take note of is that Salisbury does offer online graduate classes in some areas. In 2019-2020 about 96% of the graduate students at the school chose to take one or more online courses.
Frostburg State University came in at #8 in this year’s edition of the ranking. Frostburg State is located in Frostburg, Maryland and has a small student population. In 2020-2021, this school awarded 56 master’s degrees to qualified students.
The average tuition and fees for an out-of-state graduate students at Frostburg State are $13,092 a year.
One thing to take note of is that Frostburg State does offer online graduate classes in some areas. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 83% took at least some of their classes online.
Loyola University Maryland came in at #9 in this year’s edition of the ranking. Loyola Maryland is a medium-sized private not-for-profit school situated in Baltimore, Maryland. It awarded 161 master’s degrees in 2020-2021.
Loyola Maryland graduate students pay an average of $18,600 in tuition and fees each year.
You may have the opportunity to take online graduate classes at Loyola Maryland. In fact, around 97% of the graduate population registered for at least one online class in 2019-2020.
Loyola Maryland also made our list, coming in at #3.
With a ranking of #10, Bowie State University did quite well on this year’s best value schools for business students working on their master’s degree. Bowie, Maryland is the setting for this medium-sized institution of higher learning. The public school handed out master’s degrees to 74 students in 2020-2021.
Bowie State University graduate students pay an average of $15,407 in tuition and fees each year.
Some students may be able to take online graduate classes at Bowie State University. In 2019-2020 about 96% of the graduate students at the school chose to take one or more online courses.
Mount St Mary’s University came in at #11 in this year’s edition of the ranking. Emmitsburg, Maryland is the setting for this small institution of higher learning. The private not-for-profit school handed out master’s degrees to 62 students in 2020-2021.
Out-of-state tuition fees for graduate students at The Mount are $13,676 per year.
Depending on your major, you may be able to take online graduate classes at The Mount. To give an idea of how popular online courses are at the school, 48% of graduates took at least one course online in 2019-2020.
University of Maryland - Baltimore County ranked #12 on this year’s list. This fairly large public school is located in Baltimore, Maryland, and it awarded 11 master’s degrees in 2020-2021.
Out-of-state tuition fees for graduate students at UMBC are $23,580 per year.
Online graduate courses are available at UMBC, but you will need to check with the school to see if they are available for your field of interest. In fact, around 97% of the graduate population registered for at least one online class in 2019-2020.
University of Baltimore 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 #13 on the list. Baltimore, Maryland is the setting for this small institution of higher learning. The public school handed out master’s degrees to 147 students in 2020-2021.
The average tuition and fees for an out-of-state graduate students at UB are $22,100 a year.
UB is one of the schools on our list that is primarily online. Each graduate student at the school took at least one class online.
Morgan State University ranked #14 on this year’s list. Morgan State is located in Baltimore, Maryland and has a medium-sized student population. In 2020-2021, this school awarded 52 master’s degrees to qualified students.
Out-of-state tuition fees for graduate students at Morgan State are $17,559 per year.
You may have the opportunity to take online graduate classes at Morgan State. To give an idea of how popular online courses are at the school, 40% of graduates took at least one course online in 2019-2020.
Johns Hopkins University ranked #15 on this year’s list. Located in Baltimore, Maryland, the large private not-for-profit school awarded 1,523 diplomas to qualifed master’s degree students in 2020-2021.
Johns Hopkins graduate students pay an average of $61,202 in tuition and fees each year.
One thing to take note of is that Johns Hopkins does offer online graduate classes in some areas. To give an idea of how popular online courses are at the school, 85% of graduates took at least one course online in 2019-2020.
In addition to its best value ranking, and one of the reasons why the school is on the list, Johns Hopkins is ranked #1 for overall quality in Maryland.
More Maryland Rankings
Notes and References
Footnotes
*These averages are for the top 15 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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