Best Online MBA Degree Programs in Indiana for 2025

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What Can You Do With an MBA in Indiana

More than 6.6 million people call Indiana home, making the Hoosier State the 17th most populated one in the country. Indiana has a primarily flat landscape, though it’s also famous for the sand dunes lining the edge of Lake Michigan in the northwest region.

Indiana is also home to many well-known colleges and universities, including the University of Notre Dame, Purdue University, Indiana University, and Ball State University. Most of these schools have distance learning as an option for their students, with some allowing students to finish all of their academic coursework online. Indiana has a strong economy, excellent education options, and it’s a great place to start for students seeking to study for an MBA online.

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Top 25 Best MBA Programs in Indiana

University of Notre Dame

Score: 88.84

Graduate Tuition
- In-State: $62,030
- Out-of-State:$62,030
Net Price: $28,474
Acceptance Rate: 13%
Retention Rate: 97%

Graduation Rate: 96%
Total Enrollment: 13,105
Undergrad Students: 8,971
Graduate Students: 4,134
Grads Salary: $87,000
Student-to-faculty: 9:1

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Purdue University

Score: 85.8

Graduate Tuition
- In-State: $9,718
- Out-of-State:$28,520
Net Price: $12,576
Acceptance Rate: 53%
Retention Rate: 90%

Graduation Rate: 83%
Total Enrollment: 51,528
Undergrad Students: 38,593
Graduate Students: 12,935
Grads Salary: $83,000
Student-to-faculty: 14:1

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Indiana University-Bloomington

Score: 77.1

Graduate Tuition
- In-State: $10,133
- Out-of-State:$31,932
Net Price: $16,234
Acceptance Rate: 82%
Retention Rate: 90%

Graduation Rate: 81%
Total Enrollment: 47,005
Undergrad Students: 35,660
Graduate Students: 11,345
Grads Salary: $76,000
Student-to-faculty: 17:1

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Valparaiso University

Score: 71.1

Graduate Tuition
- In-State: $12,222
- Out-of-State:$12,222
Net Price: $22,755
Acceptance Rate: 94%
Retention Rate: 77%

Graduation Rate: 70%
Total Enrollment: 2,958
Undergrad Students: 2,349
Graduate Students: 609
Grads Salary: $74,000
Student-to-faculty: 11:1

Indiana University-Purdue University-Indianapolis

Score: 71.05

Graduate Tuition
- In-State: $9,648
- Out-of-State:$26,784
Net Price: $11,462
Acceptance Rate: 83%
Retention Rate: 71%

Graduation Rate: 56%
Total Enrollment: 25,979
Undergrad Students: 17,727
Graduate Students: 8,252
Grads Salary: $72,000
Student-to-faculty: 13:1

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Indiana Wesleyan University

Score: 70.78

Graduate Tuition
- In-State: $11,970
- Out-of-State:$11,970
Net Price: $21,755
Acceptance Rate: 87%
Retention Rate: 78%

Graduation Rate: 67%
Total Enrollment: 2,603
Undergrad Students: 2,236
Graduate Students: 367
Grads Salary: $75,000
Student-to-faculty: 13:1

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Ball State University

Score: 70.29

Graduate Tuition
- In-State: $9,922
- Out-of-State:$27,126
Net Price: $12,615
Acceptance Rate: 69%
Retention Rate: 73%

Graduation Rate: 64%
Total Enrollment: 19,777
Undergrad Students: 14,416
Graduate Students: 5,361
Grads Salary: $67,000
Student-to-faculty: 15:1

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Goshen College

Score: 70.25

Graduate Tuition
- In-State: $17,376
- Out-of-State:$17,376
Net Price: $19,267
Acceptance Rate: 94%
Retention Rate: 80%

Graduation Rate: 64%
Total Enrollment: 768
Undergrad Students: 717
Graduate Students: 51
Grads Salary: $69,000
Student-to-faculty: 9:1

Anderson University-Indiana

Score: 68.73

Graduate Tuition
- In-State: $10,008
- Out-of-State:$10,008
Net Price: $21,459
Acceptance Rate: 52%
Retention Rate: 69%

Graduation Rate: 59%
Total Enrollment: 1,290
Undergrad Students: 1,129
Graduate Students: 161
Grads Salary: $68,000
Student-to-faculty: 9:1

Oakland City University

Score: 68.72

Graduate Tuition
- In-State: $9,000
- Out-of-State:$9,000
Net Price: $17,103
Acceptance Rate: 56%
Retention Rate: 71%

Graduation Rate: 53%
Total Enrollment: 880
Undergrad Students: 699
Graduate Students: 181
Grads Salary: $69,000
Student-to-faculty: 11:1

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Huntington University

Score: 67.64

Graduate Tuition
- In-State: $8,950
- Out-of-State:$8,950
Net Price: $20,066
Acceptance Rate: 78%
Retention Rate: 82%

Graduation Rate: 71%
Total Enrollment: 1,472
Undergrad Students: 1,229
Graduate Students: 243
Grads Salary: $61,000
Student-to-faculty: 12:1

Purdue University Northwest

Score: 66.98

Graduate Tuition
- In-State: $6,042
- Out-of-State:$11,197
Net Price: $9,162
Acceptance Rate: 73%
Retention Rate: 64%

Graduation Rate: 44%
Total Enrollment: 8,911
Undergrad Students: 8,176
Graduate Students: 735
Grads Salary: $70,000
Student-to-faculty: 15:1

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Bethel University-Mishawaka

Score: 66.88

Graduate Tuition
- In-State: $8,910
- Out-of-State:$8,910
Net Price: $18,746
Acceptance Rate: 99%
Retention Rate: 71%

Graduation Rate: 57%
Total Enrollment: 1,292
Undergrad Students: 1,181
Graduate Students: 111
Grads Salary: $71,000
Student-to-faculty: 12:1

Trine University

Score: 66.78

Graduate Tuition
- In-State: $47,850
- Out-of-State:$47,850
Net Price: $24,276
Acceptance Rate: 92%
Retention Rate: 78%

Graduation Rate: 65%
Total Enrollment: 4,088
Undergrad Students: 3,819
Graduate Students: 269
Grads Salary: $74,000
Student-to-faculty: 16:1

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University of Indianapolis

Score: 66.75

Graduate Tuition
- In-State: $40,994
- Out-of-State:$40,994
Net Price: $22,283
Acceptance Rate: 76%
Retention Rate: 61%

Graduation Rate: 60%
Total Enrollment: 5,018
Undergrad Students: 3,715
Graduate Students: 1,303
Grads Salary: $71,000
Student-to-faculty: 11:1

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Indiana Tech

Score: 66.24

Graduate Tuition
- In-State: $10,026
- Out-of-State:$10,026
Net Price: $22,179
Acceptance Rate: 65%
Retention Rate: 60%

Graduation Rate: 37%
Total Enrollment: 2,595
Undergrad Students: 1,490
Graduate Students: 1,105
Grads Salary: $86,000
Student-to-faculty: 15:1

Butler University

Score: 66.02

Graduate Tuition
- In-State: $14,225
- Out-of-State:$14,225
Net Price: $37,399
Acceptance Rate: 82%
Retention Rate: 89%

Graduation Rate: 81%
Total Enrollment: 5,525
Undergrad Students: 4,427
Graduate Students: 1,098
Grads Salary: $68,000
Student-to-faculty: 11:1

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Indiana University-Southeast

Score: 65.11

Graduate Tuition
- In-State: $7,979
- Out-of-State:$18,888
Net Price: $8,264
Acceptance Rate: 85%
Retention Rate: 61%

Graduation Rate: 35%
Total Enrollment: 3,672
Undergrad Students: 3,227
Graduate Students: 445
Grads Salary: $69,000
Student-to-faculty: 12:1

Indiana University-Northwest

Score: 64.72

Graduate Tuition
- In-State: $7,979
- Out-of-State:$18,888
Net Price: $6,553
Acceptance Rate: 80%
Retention Rate: 68%

Graduation Rate: 37%
Total Enrollment: 3,198
Undergrad Students: 2,860
Graduate Students: 338
Grads Salary: $63,000
Student-to-faculty: 12:1

Indiana University-South Bend

Score: 64.6

Graduate Tuition
- In-State: $7,979
- Out-of-State:$18,888
Net Price: $8,785
Acceptance Rate: 87%
Retention Rate: 66%

Graduation Rate: 36%
Total Enrollment: 4,326
Undergrad Students: 3,753
Graduate Students: 573
Grads Salary: $67,000
Student-to-faculty: 12:1

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University of Southern Indiana

Score: 64.22

Graduate Tuition
- In-State: $10,447
- Out-of-State:$20,404
Net Price: $14,443
Acceptance Rate: 94%
Retention Rate: 70%

Graduation Rate: 51%
Total Enrollment: 9,178
Undergrad Students: 7,355
Graduate Students: 1,823
Grads Salary: $68,000
Student-to-faculty: 16:1

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Indiana State University

Score: 64.12

Graduate Tuition
- In-State: $8,100
- Out-of-State:$15,930
Net Price: $12,688
Acceptance Rate: 92%
Retention Rate: 64%

Graduation Rate: 44%
Total Enrollment: 8,658
Undergrad Students: 6,965
Graduate Students: 1,693
Grads Salary: $71,000
Student-to-faculty: 16:1

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Purdue University Fort Wayne

Score: 63.98

Graduate Tuition
- In-State: $6,123
- Out-of-State:$14,774
Net Price: $11,951
Acceptance Rate: 81%
Retention Rate: 63%

Graduation Rate: 36%
Total Enrollment: 9,069
Undergrad Students: 8,390
Graduate Students: 679
Grads Salary: $70,000
Student-to-faculty: 13:1

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Indiana University-Kokomo

Score: 63.75

Graduate Tuition
- In-State: $7,979
- Out-of-State:$18,888
Net Price: $6,648
Acceptance Rate: 86%
Retention Rate: 64%

Graduation Rate: 42%
Total Enrollment: 2,846
Undergrad Students: 2,669
Graduate Students: 177
Grads Salary: $62,000
Student-to-faculty: 14:1

University of Saint Francis-Fort Wayne

Score: 63.43

Graduate Tuition
- In-State: $20,646
- Out-of-State:$20,646
Net Price: $18,162
Acceptance Rate: 98%
Retention Rate: 68%

Graduation Rate: 56%
Total Enrollment: 1,903
Undergrad Students: 1,576
Graduate Students: 327
Grads Salary: $64,000
Student-to-faculty: 12:1

Why Consider an Online MBA?

Residents of Indiana may be attracted to in-state schools due to the deep discounts on tuition that’s are typically available to local students. And why not stay local and master the skills you need to forge ahead? Indiana has a reasonably low cost of living, though as in most states, the cost rises dramatically in any main city center or metropolitan community like Indianapolis or Fort Wayne.

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Also appealing is the fact that many of Indiana's schools offer degrees comprised entirely of online courses, allowing for a much greater degree of flexibility for your life than traditional programs. Many of Indiana’s universities allow for an advanced graduate degree degree to be completed exclusively through online courses, though many also require some in-person campus appearances for some networking and social interaction.

Prior to admission, students may need to take the GMAT and submit scores to prove business knowledge. If you haven’t done this step, check to see if the schools you’re considering require this exam, or whether you may be eligible to apply for a waiver. School policy and requirements will differ depending on the school's you are considering and even if you are attending part- or full-time. You can always do a strategic search for business schools that have the policies and provide the academics you would prefer and skip the others.

Percentage of Students Enrolled By Distance Education

Typical MBA Concentrations

Students may opt to focus their online MBA on a particular concentration such as finance, international business, law or legal studies, innovation and entrepreneurship, human resources, organizational behavior, business analytics, systems management, and more. Which focus you choose is not dependent on your undergraduate degree and it can provide you professional opportunities for a future career in a specific discipline after graduating and may give you a leg up in a competitive hiring pool.

Below are some examples of MBA specializations that can easily translate to a career in business administration or healthcare in Indiana’s major industries.

Why Accreditation is Important?

Like schools in most Midwestern states, Indiana universities who have earned regional accreditation do so through the Higher Learning Commission. Regionally accredited schools are generally considered to be more rigorous than those with national accreditation schools, though the latter can often be found online.

Students can also seek education at a college or university that’s been credited by the Association to Advance Collegiate Schools of Business. This agency is business school specific and will guarantee that your online MBA program is ethically and academically sound.

Education that is offered by schools with these credentials has been thoroughly vetted to provide the info and credit hours students need to succeed. Their core content and faculty have been reviewed as well as each course individually. Businesses in the real world know that if they hire a student from one of these programs, they will be an asset to their office right away because they learn everything that is required in their courses. Students educated to this level are much more likely to receive job offers than those who went to an unaccredited program.

Career and Job Outlook for MBA Graduates

Indiana’s economy relies heavily on industries such as manufacturing, healthcare, and transportation. Though manufacturing jobs currently make up one of every four jobs in Indiana, the healthcare industry is really on the rise, with some positions expecting job growth of 30 to 40 percent over the next seven years.

Below are some examples of major employers in Indiana.

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Top Employers in the State by Number of Employees

Company	Industry	Headquarters City	Number of Employees
Anthem, Inc	Health Insurance	Indianapolis	57,000
Eli Lilly	Pharmaceuticals	Indianapolis	40,655
Delphi Electronics	Manufacturing	Kokomo	8,000

Though these companies are examples, students can find jobs in these industries as well as others after graduating with an online MBA.

Careers and Salaries for MBA Graduates in Indiana

An MBA can be the key to a lucrative career in business, with many executives bringing in six figure or more in salary per year. The degree conveys mastery of many difficult business concepts, and employers know that MBA graduates can help usher their organizations to financial success.

Please refer to the table below to get a sense of what the average business student earns upon graduating with their final degree.

Average Degree Salary Ranges Potential

Earnings with Associates - $46,334
Earnings with Bachelors - $59,132
Earnings with MBA - $72,183

Careers for Indiana MBA Grads

Healthcare Executive
Healthcare executives work to ensure that patients under their facility’s care receive the best possible experience when they need it the most. The BLS projects that Indiana will enjoy a 17 percent job growth in this industry over the upcoming decade.
Management Consultant
Management consultants are hired by businesses to help them identify ways to create value, increase growth, attract customers, and improve general business performance. They may work on an independent basis or may work within a company on a consulting basis. They help businesses identify gaps in their processes and tighten up operations to maximum efficiency.
Operations Manager
This is a management position that oversees the production and offering of their organization’s goods and/or services. They balance internal business needs with the brand image portrayed to customers and are usually the top supervisor of a company’s operations staff.
Financial Advisor
Financial advisors help individual or business clients to make smart choices about where and how to invest their assets. They may advise on portfolio investments, savings accounts, mortgages, retirement funds, and other potentially complex financial issues. Financial advisors are often an integral part of helping their customers meet both their short- and long-term financial goals.
Business Development Executive
Business development executives develop methods that work toward expanding their company’s customer base. They may collaborate with the marketing department to discuss strategies to attract and retain customers and are then responsible for implementing the strategies in everyday operations.

How to Choose & FAQ's

It’s important to do some serious thinking before committing to an online MBA program. Here are some of the factors to consider when deciding which program will best help you to meet your career goals.

Compare Student Outcome Data
Information like graduation rate, student retention rate, average student debt upon graduation, and post-graduate job success can be useful when making a final decision about which MBA program to choose. While this doesn’t necessarily determine whether a school will be a good fit for you or not, it can help you to identify some strengths and weaknesses of the programs you’re considering.
Consider the Expected Cost of Your Program
Most online programs post their tuition rates right on their website. Make a note of the costs that you’re expecting for each program, making sure to consider things like cost of living, administrative fees, technology costs, and possibly even lost income for full time students. Look into grants and scholarships to help offset the cost if necessary.

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Make Sure Classes Fit With Your Schedule
Though some schools offer their distance learners a great deal of flexibility about when coursework should be completed, other online MBA programs will require students to log in at particular times to coordinate classes. If the program you’re considering is the latter, make sure classes will be held at a time you’ll be able to virtually attend.
Look For Partnerships With Nearby Businesses
When the time comes to nail down an internship or job, you’ll want to be enrolled in a program that has contacts near you. Whether this means looking at online programs that are based somewhere close by or limiting to schools that do have partnerships with local businesses, you’ll be glad you chose a program with resources nearby..
Talk With Students and Alumni
Ultimately, nobody will have a better perspective of a school’s strengths and weaknesses than the students who have experienced this program themselves. Check to see if the school’s website has resources to connect you with recent alumni or current students; if not, ask an admissions officer how to best get in touch with someone who can give you the information you need.

Best Indiana MBA Schools and Programs

Get Matched With MBA Programs

What Can You Do With an MBA in Indiana

Compare Popular Online MBA Programs

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Top 25 Best MBA Programs in Indiana

Valparaiso University

Goshen College

Anderson University-Indiana

Huntington University

Bethel University-Mishawaka

Indiana Tech

Indiana University-Southeast

Indiana University-Northwest

Indiana University-Kokomo

University of Saint Francis-Fort Wayne

Why Consider an Online MBA?

Find Your Online MBA Program

Percentage of Students Enrolled By Distance Education

Typical MBA Concentrations

Why Accreditation is Important?

Career and Job Outlook for MBA Graduates

Find Online MBA Schools

Top Employers in the State by Number of Employees

Careers and Salaries for MBA Graduates in Indiana

Average Degree Salary Ranges Potential

Careers for Indiana MBA Grads

How to Choose & FAQ's

Search Programs Offering MBA Majors

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