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Highlighting Quality Schools With More Affordable Prices

$13,735 Avg Tuition & Fees*

There are so many business programs in today's world that it can tough to figure out which one is the right one for you. 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 and bootcamps that offer short-term programs that open up more career options.

Along with in-depth profiles of schools and the programs they offer, Business Degree Central has created the <nil> to help you in your search for the best school for you.

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. Specifically, our score for quality is discounted by the published tuition and fees charged by the given college. This gives the cost per unit of quality for each college. The more quality your dollar buys, the better the value.

Our calculations use out-of-state tuition and fees in our nationwide and regional rankings. For statewide rankings, we use average in-state tuition and fees.

Top Value Business Master's Degree Schools in Kentucky

Learn more about these excellent schools below:

#1

University of the Cumberlands

Williamsburg, Kentucky
409 Total Awards
#7 in Quality in Kentucky
$4,582 Average Tuition & Fees

Our rankings named University of the Cumberlands the best value school in Kentucky for business students working on their master’s degree. University of the Cumberlands is a fairly large private not-for-profit school located in Williamsburg, Kentucky that handed out 409 master’s degrees in 2020-2021.

Cumberlands graduate students pay an average of $4,582 in tuition and fees each year.

Some students may be able to take online graduate classes at Cumberlands. To give an idea of how popular online courses are at the school, 99% of graduates took at least one course online in 2019-2020.

Read More…

#2

Northern Kentucky University

Highland Heights, Kentucky
248 Total Awards
#1 in Quality in Kentucky
$15,594 Average Tuition & Fees

A rank of #2 on this year’s list means Northern Kentucky University is a great place for business students working on their master’s degree who want the most bang for their educational buck. Located in Highland Heights, Kentucky, the fairly large public school awarded 248 diplomas to qualifed master’s degree students in 2020-2021.

The average tuition and fees for an out-of-state graduate students at NKU are $15,594 a year.

NKU 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 96% took at least some of their classes online.

NKU not only placed well in our value ranking, but it is also #1 on our list.

Read full report on Northern Kentucky University

#3

Thomas More University

Crestview Hills, Kentucky
84 Total Awards
#3 in Quality in Kentucky
$11,820 Average Tuition & Fees

Out of the 18 schools in Kentucky that were part of this year’s value ranking, Thomas More University landed the # 3 spot on the list. Located in Crestview Hills, Kentucky, the small private not-for-profit school awarded 84 diplomas to qualifed master’s degree students in 2020-2021.

The average tuition and fees for an out-of-state graduate students at Thomas More are $11,820 a year.

Online graduate courses are available at Thomas More, but you will need to check with the school to see if they are available for your field of interest. To give an idea of how popular online courses are at the school, 81% of graduates took at least one course online in 2019-2020.

Thomas More not only placed well in our value ranking, but it is also #3 on our list.

Read full report on Thomas More University

#4

Midway University

Midway, Kentucky
58 Total Awards
#14 in Quality in Kentucky
$7,464 Average Tuition & Fees

Out of the 18 schools in Kentucky that were part of this year’s value ranking, Midway University landed the # 4 spot on the list. Located in Midway, Kentucky, the small private not-for-profit school awarded 58 diplomas to qualifed master’s degree students in 2020-2021.

Out-of-state tuition fees for graduate students at Midway are $7,464 per year.

Midway is one of the schools on our list that is primarily online. Each graduate student at the school took at least one class online.

Read full report on Midway University

#5

University of Kentucky

Lexington, Kentucky
174 Total Awards
#2 in Quality in Kentucky
$33,548 Average Tuition & Fees

You’ll be in good company if you decide to attend University of Kentucky. It ranked #5 on our list. University of Kentucky is a large public school located in Lexington, Kentucky that handed out 174 master’s degrees in 2020-2021.

UK graduate students pay an average of $33,548 in tuition and fees each year.

Some students may be able to take online graduate classes at UK. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 57% took at least some of their classes online.

UK also took the #2 spot in our rankings.

Read full report on University of Kentucky

#6

Campbellsville University

Campbellsville, Kentucky
783 Total Awards
#13 in Quality in Kentucky
$8,773 Average Tuition & Fees

Campbellsville University came in at #6 in this year’s edition of the ranking. Located in Campbellsville, Kentucky, the fairly large private not-for-profit school awarded 783 diplomas to qualifed master’s degree students in 2020-2021.

The average tuition and fees for an out-of-state graduate students at Campbellsville University are $8,773 a year.

You may have the opportunity to take online graduate classes at Campbellsville University. In fact, around 97% of the graduate population registered for at least one online class in 2019-2020.

Read More…

#7

Bellarmine University

Louisville, Kentucky
58 Total Awards
#4 in Quality in Kentucky
$13,652 Average Tuition & Fees

Bellarmine 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 #7 on the list. Located in Louisville, Kentucky, the small private not-for-profit school awarded 58 diplomas to qualifed master’s degree students in 2020-2021.

Out-of-state tuition fees for graduate students at Bellarmine U are $13,652 per year.

Online graduate courses are available at Bellarmine U, but you will need to check with the school to see if they are available for your field of interest. To give an idea of how popular online courses are at the school, 38% of graduates took at least one course online in 2019-2020.

Bellarmine U also made our list, coming in at #4.

Read full report on Bellarmine University

#8

Murray State University

Murray, Kentucky
88 Total Awards
#11 in Quality in Kentucky
$14,544 Average Tuition & Fees

With a ranking of #8, Murray State University did quite well on this year’s best value schools for business students working on their master’s degree. Murray State University is a medium-sized public school located in Murray, Kentucky that handed out 88 master’s degrees in 2020-2021.

Murray State graduate students pay an average of $14,544 in tuition and fees each year.

You may have the opportunity to take online graduate classes at Murray State. In fact, around 60% of the graduate population registered for at least one online class in 2019-2020.

Read full report on Murray State University

#9

Asbury University

Wilmore, Kentucky
16 Total Awards
#10 in Quality in Kentucky
$9,990 Average Tuition & Fees

Asbury 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 #9 on the list. This small private not-for-profit school is located in Wilmore, Kentucky, and it awarded 16 master’s degrees in 2020-2021.

The average tuition and fees for an out-of-state graduate students at Asbury are $9,990 a year.

If you are interested in distance education, be sure to check with the school since Asbury does offer online graduate classes for certain majors. In fact, around 100% of the graduate population registered for at least one online class in 2019-2020.

Full Asbury University Report

#10

University of Louisville

Louisville, Kentucky
245 Total Awards
#5 in Quality in Kentucky
$27,839 Average Tuition & Fees

University of Louisville 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 #10 on the list. This large public school is located in Louisville, Kentucky, and it awarded 245 master’s degrees in 2020-2021.

The average tuition and fees for an out-of-state graduate students at UofL are $27,839 a year.

Depending on your major, you may be able to take online graduate classes at UofL. In 2019-2020 about 68% of the graduate students at the school chose to take one or more online courses.

UofL also made our list, coming in at #5.

Full University of Louisville Report

#11

Eastern Kentucky University

Richmond, Kentucky
20 Total Awards
#9 in Quality in Kentucky
$13,800 Average Tuition & Fees

Eastern Kentucky University ranked #11 on this year’s list. Eastern is a fairly large public school situated in Richmond, Kentucky. It awarded 20 master’s degrees in 2020-2021.

The average tuition and fees for an out-of-state graduate students at Eastern are $13,800 a year.

Eastern 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 79% took at least some of their classes online.

Read More…

#12

Union College Kentucky

Barbourville, Kentucky
19 Total Awards
#15 in Quality in Kentucky
$8,210 Average Tuition & Fees

Union College Kentucky ranked #12 on this year’s list. Union College Kentucky is a small private not-for-profit school located in Barbourville, Kentucky that handed out 19 master’s degrees in 2020-2021.

The average tuition and fees for an out-of-state graduate students at Union College are $8,210 a year.

Union College 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 98% took at least some of their classes online.

Full Union College Kentucky Report

#13

Western Kentucky University

Bowling Green, Kentucky
225 Total Awards
#6 in Quality in Kentucky
$18,340 Average Tuition & Fees

Western Kentucky 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 #13 on the list. This fairly large public school is located in Bowling Green, Kentucky, and it awarded 225 master’s degrees in 2020-2021.

The average tuition and fees for an out-of-state graduate students at WKU are $18,340 a year.

Some students may be able to take online graduate classes at WKU. In 2019-2020 about 81% of the graduate students at the school chose to take one or more online courses.

Read More…

#14

University of Pikeville

Pikeville, Kentucky
28 Total Awards
#18 in Quality in Kentucky
$8,370 Average Tuition & Fees

University of Pikeville came in at #14 in this year’s edition of the ranking. University of Pikeville is a small private not-for-profit school located in Pikeville, Kentucky that handed out 28 master’s degrees in 2020-2021.

The average tuition and fees for an out-of-state graduate students at UPIKE are $8,370 a year.

Some students may be able to take online graduate classes at UPIKE. In fact, around 12% of the graduate population registered for at least one online class in 2019-2020.

Full University of Pikeville Report

#15

Spalding University

Louisville, Kentucky
33 Total Awards
#12 in Quality in Kentucky
$12,106 Average Tuition & Fees

With a ranking of #15, Spalding University did quite well on this year’s best value schools for business students working on their master’s degree. Spalding is a small private not-for-profit school situated in Louisville, Kentucky. It awarded 33 master’s degrees in 2020-2021.

Out-of-state tuition fees for graduate students at Spalding are $12,106 per year.

Online graduate courses are available at Spalding, 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 65% took at least some of their classes online.

Read full report on Spalding University

#16

Lindsey Wilson College

Columbia, Kentucky
9 Total Awards
#16 in Quality in Kentucky
$9,719 Average Tuition & Fees

With a ranking of #16, Lindsey Wilson 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 Columbia, Kentucky, and it awarded 9 master’s degrees in 2020-2021.

Out-of-state tuition fees for graduate students at Lindsey Wilson College are $9,719 per year.

If you are interested in distance education, be sure to check with the school since Lindsey Wilson College does offer online graduate classes for certain majors. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 64% took at least some of their classes online.

Full Lindsey Wilson College Report

#17

Morehead State University

Morehead, Kentucky
37 Total Awards
#17 in Quality in Kentucky
$10,557 Average Tuition & Fees

Morehead 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 #17 on the list. Morehead State University is a medium-sized public school located in Morehead, Kentucky that handed out 37 master’s degrees in 2020-2021.

The average tuition and fees for an out-of-state graduate students at Morehead State University are $10,557 a year.

One thing to take note of is that Morehead State University 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.

Read More…

#18

Sullivan University

Louisville, Kentucky
97 Total Awards
#8 in Quality in Kentucky
$15,840 Average Tuition & Fees

Sullivan University ranked #18 on this year’s list. Sullivan University is a private for-profit institution located in Louisville, Kentucky. The school has a small population, and it awarded 97 master’s degrees in 2020-2021.

Sullivan University graduate students pay an average of $15,840 in tuition and fees each year.

If you are interested in distance education, be sure to check with the school since Sullivan University does offer online graduate classes for certain majors. During the 2019-2020 year, about 54% of the graduate students at the school took at least one online course.

Full Sullivan University Report

Notes and References

Footnotes

*These averages are for the top 18 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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