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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 Schools in Maryland
Learn more about these excellent schools below:
Our analysis found Anne Arundel Community College to be the best value school for business students in Maryland. Located in Arnold, Maryland, the fairly large public school handed out 426 degrees in 2020-2021.
AACC undergraduate students pay an average of $13,550 in tuition and fees each year. By the time they get their degree, students from this school have racked up an average of $15,869 in student loans. Once they receive their degree, AACC graduates enter the workforce, making an average salary of $47,736 during the early year of their career.
AACC not only placed well in our value ranking, but it is also #2 on our list.
A rank of #2 on this year’s list means Harford Community College is a great place for business students who want to get the most value for their educational dollar. Located in Bel Air, Maryland, the small public school handed out 154 degrees in 2020-2021.
Harford Community College undergraduate students pay an average of $8,302 in tuition and fees each year. Degree recipients from the school accumulate an average of $12,835 in student debt by the time they complete their degree.After graduating from Harford Community College, students go on to jobs where they make an average of $37,466 during the early years of their career.
A rank of #3 on this year’s list means College of Southern Maryland is a great place for business students who want to get the most value for their educational dollar. CSM is located in La Plata, Maryland and has a medium-sized student population. In 2020-2021, this school awarded 210 degrees to qualified students.
The average tuition and fees for an out-of-state undergraduate students at CSM are $9,030 a year. By the time they get their degree, students from this school have racked up an average of $14,340 in student loans. Once they receive their degree, CSM graduates enter the workforce, making an average salary of $38,975 during the early year of their career.
A rank of #4 on this year’s list means University of Maryland Global Campus is a great place for business students who want to get the most value for their educational dollar. This large public school is located in Adelphi, Maryland, and it awarded 5,309 degrees in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at UMGC are $12,336 a year. On average, students take out $25,870 in loans while pursuing their degree. Once they receive their degree, UMGC graduates enter the workforce, making an average salary of $59,246 during the early year of their career.
A rank of #5 on this year’s list means Allegany College of Maryland is a great place for business students who want to get the most value for their educational dollar. This small public school is located in Cumberland, Maryland, and it awarded 65 degrees in 2020-2021.
Allegany College of Maryland undergraduate students pay an average of $10,280 in tuition and fees each year. By the time they get their degree, students from this school have racked up an average of $18,998 in student loans.After graduating from Allegany College of Maryland, students go on to jobs where they make an average of $37,157 during the early years of their career.
Community College of Baltimore County landed the #6 spot in the rankings for the best value business programs. Community College of Baltimore County is a fairly large public school located in Baltimore, Maryland that handed out 249 degrees in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at CCBC are $10,062 a year. By the time they get their degree, students from this school have racked up an average of $20,384 in student loans. Once they receive their degree, CCBC graduates enter the workforce, making an average salary of $43,878 during the early year of their career.
Montgomery College ranked #7 on this year’s list. Montgomery College is a fairly large public school situated in Rockville, Maryland. It awarded 482 degrees in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at Montgomery College are $14,061 a year. Degree recipients from the school accumulate an average of $16,910 in student debt by the time they complete their degree. Once they receive their degree, Montgomery College graduates enter the workforce, making an average salary of $39,576 during the early year of their career.
Frederick Community College came in at #8 in this year’s edition of the ranking. Frederick Community College is a medium-sized public school located in Frederick, Maryland that handed out 195 degrees in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at Frederick Community College are $9,844 a year. By the time they get their degree, students from this school have racked up an average of $13,742 in student loans. During the early years of their career, Frederick Community College graduates make an average of $40,826 annually.
University of Maryland - College Park came in at #9 in this year’s edition of the ranking. UMCP is a public institution located in College Park, Maryland. The school has a large population, and it awarded 2,496 degrees in 2020-2021.
UMCP undergraduate students pay an average of $38,638 in tuition and fees each year. By the time they get their degree, students from this school have racked up an average of $20,252 in student loans. If you borrow this amount, expect your monthly student loan payment to be around $391, assuming you are on a 10-year repayment plan.After graduating from UMCP, students go on to jobs where they make an average of $52,217 during the early years of their career.
In addition to its best value ranking, and one of the reasons why the school is on the list, UMCP is ranked #3 for overall quality in Maryland.
Towson University did quite well in this year’s ranking of the best value places for business students. It came in at #10 on the list. Towson, Maryland is the setting for this large institution of higher learning. The public school handed out degrees to 959 students in 2020-2021.
Out-of-state tuition fees for undergraduate students at Towson are $25,516 per year. Degree recipients from the school accumulate an average of $21,133 in student debt by the time they complete their degree. For those students on a 10-year repayment plan, the average payment due each month is around $292. During the early years of their career, Towson graduates make an average of $45,980 annually.
Hagerstown Community College came in at #11 in this year’s edition of the ranking. Located in Hagerstown, Maryland, the small public school handed out 103 degrees in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at HCC are $8,190 a year. Degree recipients from the school accumulate an average of $17,096 in student debt by the time they complete their degree. During the early years of their career, HCC graduates make an average of $42,699 annually.
Salisbury University did quite well in this year’s ranking of the best value places for business students. It came in at #12 on the list. Located in Salisbury, Maryland, the medium-sized public school handed out 375 degrees in 2020-2021.
Salisbury undergraduate students pay an average of $20,458 in tuition and fees each year. By the time they get their degree, students from this school have racked up an average of $21,988 in student loans. For those students on a 10-year repayment plan, the average payment due each month is around $380. During the early years of their career, Salisbury graduates make an average of $41,391 annually.
Bowie State University came in at #13 in this year’s edition of the ranking. Bowie State University is a medium-sized public school situated in Bowie, Maryland. It awarded 260 degrees in 2020-2021.
Out-of-state tuition fees for undergraduate students at Bowie State University are $19,302 per year. On average, students take out $29,449 in loans while pursuing their degree. Those who take out this much in loans have to make a monthly payment of about $196 if they are on a 10-year repayment plan. During the early years of their career, Bowie State University graduates make an average of $48,510 annually.
University of Maryland Eastern Shore came in at #14 in this year’s edition of the ranking. University of Maryland Eastern Shore is a small public school located in Princess Anne, Maryland that handed out 63 degrees in 2020-2021.
UMES undergraduate students pay an average of $19,343 in tuition and fees each year. By the time they get their degree, students from this school have racked up an average of $28,545 in student loans. For those students on a 10-year repayment plan, the average payment due each month is around $252.After graduating from UMES, students go on to jobs where they make an average of $36,933 during the early years of their career.
Frostburg State University landed the #15 spot in the rankings for the best value business programs. Frostburg State is a small public school situated in Frostburg, Maryland. It awarded 328 degrees in 2020-2021.
Out-of-state tuition fees for undergraduate students at Frostburg State are $24,080 per year. On average, students take out $24,481 in loans while pursuing their degree. For those students on a 10-year repayment plan, the average payment due each month is around $196. Once they receive their degree, Frostburg State graduates enter the workforce, making an average salary of $38,800 during the early year of their career.
University of Baltimore did quite well in this year’s ranking of the best value places for business students. It came in at #16 on the list. UB is a small public school situated in Baltimore, Maryland. It awarded 359 degrees in 2020-2021.
Out-of-state tuition fees for undergraduate students at UB are $22,550 per year. On average, students take out $26,874 in loans while pursuing their degree.After graduating from UB, students go on to jobs where they make an average of $46,323 during the early years of their career.
Morgan State University came in at #17 in this year’s edition of the ranking. Morgan State is located in Baltimore, Maryland and has a medium-sized student population. In 2020-2021, this school awarded 302 degrees to qualified students.
The average tuition and fees for an out-of-state undergraduate students at Morgan State are $18,480 a year. On average, students take out $33,596 in loans while pursuing their degree. If you borrow this amount, expect your monthly student loan payment to be around $265, assuming you are on a 10-year repayment plan. During the early years of their career, Morgan State graduates make an average of $42,587 annually.
Hood College did quite well in this year’s ranking of the best value places for business students. It came in at #18 on the list. Hood College is a small private not-for-profit school located in Frederick, Maryland that handed out 92 degrees in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at Hood are $43,140 a year. By the time they get their degree, students from this school have racked up an average of $24,115 in student loans.After graduating from Hood, students go on to jobs where they make an average of $41,714 during the early years of their career.
Mount St Mary’s University came in at #19 in this year’s edition of the ranking. Located in Emmitsburg, Maryland, the small private not-for-profit school awarded 236 diplomas to qualifed students in 2020-2021.
The Mount undergraduate students pay an average of $44,750 in tuition and fees each year. On average, students take out $22,755 in loans while pursuing their degree. If you borrow this amount, expect your monthly student loan payment to be around $600, assuming you are on a 10-year repayment plan. Once they receive their degree, The Mount graduates enter the workforce, making an average salary of $41,078 during the early year of their career.
Loyola University Maryland did quite well in this year’s ranking of the best value places for business students. It came in at #20 on the list. Located in Baltimore, Maryland, the medium-sized private not-for-profit school awarded 483 diplomas to qualifed students in 2020-2021.
Out-of-state tuition fees for undergraduate students at Loyola Maryland are $53,530 per year. Degree recipients from the school accumulate an average of $24,043 in student debt by the time they complete their degree. For those students on a 10-year repayment plan, the average payment due each month is around $629. Once they receive their degree, Loyola Maryland graduates enter the workforce, making an average salary of $49,585 during the early year of their career.
Loyola Maryland not only placed well in our value ranking, but it is also #4 on our list.
McDaniel College came in at #21 in this year’s edition of the ranking. Located in Westminster, Maryland, the small private not-for-profit school awarded 110 diplomas to qualifed students in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at McDaniel are $46,336 a year. Degree recipients from the school accumulate an average of $19,073 in student debt by the time they complete their degree.After graduating from McDaniel, students go on to jobs where they make an average of $41,310 during the early years of their career.
McDaniel not only placed well in our value ranking, but it is also #5 on our list.
Johns Hopkins University ranked #22 on this year’s list. Baltimore, Maryland is the setting for this large institution of higher learning. The private not-for-profit school handed out degrees to 1,666 students in 2020-2021.
Out-of-state tuition fees for undergraduate students at Johns Hopkins are $58,720 per year. On average, students take out $18,755 in loans while pursuing their degree. For those students on a 10-year repayment plan, the average payment due each month is around $599. Once they receive their degree, Johns Hopkins graduates enter the workforce, making an average salary of $68,344 during the early year of their career.
Johns Hopkins not only placed well in our value ranking, but it is also #1 on our list.
Stevenson University did quite well in this year’s ranking of the best value places for business students. It came in at #23 on the list. Stevenson is located in Stevenson, Maryland and has a small student population. In 2020-2021, this school awarded 141 degrees to qualified students.
The average tuition and fees for an out-of-state undergraduate students at Stevenson are $38,168 a year. By the time they get their degree, students from this school have racked up an average of $27,754 in student loans. Those who take out this much in loans have to make a monthly payment of about $610 if they are on a 10-year repayment plan. During the early years of their career, Stevenson graduates make an average of $46,605 annually.
More Maryland Rankings
Notes and References
Footnotes
*These averages are for the top 23 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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