Ranked #1 in popularity, business administration & management is one of the most sought-after master's degree programs in the nation. This means there are lots of options to choose from when you decide to get your degree.
For its 2025 ranking, College Factual looked at 23 schools in Michigan to determine which ones were the best for business administration & management students pursuing a master's degree. When you put them all together, these colleges and universities awarded 3,080 master's degrees in business administration & management during the 2022-2023 academic year.
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Choosing a Great Business Administration & Management School for Your Master's Degree
Your choice of business administration & management for getting your master's degree school matters. This section explores some of the factors we include in our ranking and how much they vary depending on the school you select. To make it into this list, a school must excel in the following areas.
A Great Overall School
A school that excels in educating for a particular major and degree level must be a great school overall as well. To make it into this list a school must rank well in our overall Best Colleges for a Master's Degree ranking. This ranking considered factors such as graduation rates, overall graduate earnings and other educational resources to identify great colleges and universities.
Early-Career Earnings
One measure we use to determine the quality of a school is to look at the average salary of master's graduates during the early years of their career. That is, everyone wants their master's degree to be worth something, and salaries are one measure of determining that.
Other Factors We Consider
In addition to the above, you should consider some of the following factors:
Major Focus - How much a school focuses on business administration & management students vs. other majors.
Major Demand - The number of business administration & management students who choose to seek a master's degree at the school.
Educational Resources - The amount of money and other resources allocated to students while they are pursuing their degree. These resources include such things as number of students per instructor and education expenditures per student.
Student Debt - How easy is it for business administration & management to pay back their student loans after receiving their master's degree.
Accreditation - Whether a school is regionally accredited and/or accredited by a recognized business administration & management related body.
Our full ranking methodology documents in more detail how we consider these factors to identify the best colleges for business administration & management students working on their master's degree.
More Ways to Rank Business Administration & Management Schools
Since picking the right college can be one of the most important decisions of your life, we've developed the Best Business Administration & Management Master's Degree Schools in Michigan ranking, along with many other major-related rankings, to help you make that decision.
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University of Michigan - Ann Arbor is one of the best schools in the United States for getting a master's degree in business administration & management. U-M is a fairly large public university located in the midsize city of Ann Arbor.
Business Administration & Management master's degree recipients from University of Michigan - Ann Arbor receive an earnings boost of about $74,183 over the typical income of business administration & management majors.
Michigan State University is one of the finest schools in the United States for getting a master's degree in business administration & management. Located in the small city of East Lansing, Michigan State is a public university with a fairly large student population.
Business Administration & Management master's degree recipients from Michigan State University receive an earnings boost of about $31,653 over the typical income of business administration & management majors.
Central Michigan University is one of the finest schools in the United States for getting a master's degree in business administration & management. Central Michigan is a fairly large public university located in the distant town of Mount Pleasant.
Master's students who receive their degree from the business administration program make about $77,865 for their early career.
It is difficult to beat Oakland University if you wish to pursue a master's degree in business administration & management. Oakland is a fairly large public university located in the suburb of Rochester Hills.
Master's recipients from the business administration & management program at Oakland University make $5,276 above the standard graduate in this field shortly after graduation.
Wayne State is a fairly large public university located in the city of Detroit.
Those business administration & management students who get their master's degree from Wayne State University receive $7,295 more than the standard business administration student.
Located in the town of Big Rapids, Ferris is a public university with a moderately-sized student population.
Master's recipients from the business administration & management program at Ferris State University make $6,099 above the standard college graduate with the same degree shortly after graduation.
UM Dearborn is a medium-sized public university located in the city of Dearborn.
Business Administration & Management master's degree recipients from University of Michigan - Dearborn earn a boost of approximately $18,285 above the typical earnings of business administration & management graduates.
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The bars on the spread charts above show the distribution of the schools on this list +/- one standard deviation from the mean.
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 the rest of our data about colleges.