2023 best colleges in Indiana

On top of its favorable location in an up-and-coming city for young professionals, Indiana University Bloomington boasts an NCAA Division I sports team and ranks as a Public Ivy for its high-quality academic programs. But don’t sleep on Purdue University, which is home to one of the country’s best engineering programs and consistently ranks among the most innovative colleges. When not socializing or studying at the renowned University of Notre Dame, students head to support the Fighting Irish, another one of the state’s NCAA Division I sports teams.

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#1 in Indiana | #24 in Business nationally

Purdue University

West Lafayette, Indiana

Economic score: 1.21

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Net cost: $13,377

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 1.6 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $64,065

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: + $14,654

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 69%
Graduation rate: 81%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#2 in Indiana | #46 in Business nationally

Saint Mary's College

Notre Dame, Indiana

Economic score: 1.47

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Net cost: $23,625

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 2.1 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $71,322

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: + $21,946

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 83%
Graduation rate: 79%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#3 in Indiana | #49 in Business nationally

Ball State University

Muncie, Indiana

Economic score: 1.57

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

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Net cost: $14,765

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 1.9 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $59,245

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: + $10,176

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 68%
Graduation rate: 67%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#4 in Indiana | #80 in Business nationally

University of Evansville

Evansville, Indiana

Economic score: 1.83

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

View school
Net cost: $22,912

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 2.5 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $66,202

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: + $17,201

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 75%
Graduation rate: 68%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#5 in Indiana | #141 in Business nationally
Economic score: 2.20

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

View school
Net cost: $12,416

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 2.3 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $51,469

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: + $1,954

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 84%
Graduation rate: 55%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#6 in Indiana | #205 in Business nationally
Economic score: 2.54

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

View school
Net cost: $21,204

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 2.9 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $56,351

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: + $6,904

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 92%
Graduation rate: 73%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#7 in Indiana | #300 in Business nationally
Economic score: 3.04

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

View school
Net cost: $18,389

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 3.1 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $50,243

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: + $1,178

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 99%
Graduation rate: 58%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#8 in Indiana | #435 in Business nationally

Trine University

Angola, Indiana

Economic score: 3.69

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

View school
Net cost: $25,028

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 4 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $53,271

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: + $3,859

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 79%
Graduation rate: 62%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#9 in Indiana | #444 in Business nationally

Marian University

Indianapolis, Indiana

Economic score: 3.73

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

View school
Net cost: $19,266

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 3.7 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $48,155

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $896

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 73%
Graduation rate: 66%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#10 in Indiana | #449 in Business nationally

Taylor University

Upland, Indiana

Economic score: 3.75

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

View school
Net cost: $24,628

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 3.9 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $51,514

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: + $2,118

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 73%
Graduation rate: 73%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#11 in Indiana | #501 in Business nationally

University of Indianapolis

Indianapolis, Indiana

Economic score: 4.09

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

View school
Net cost: $19,808

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 3.9 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $47,264

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $2,230

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 78%
Graduation rate: 60%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#12 in Indiana | #517 in Business nationally

Valparaiso University

Valparaiso, Indiana

Economic score: 4.20

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

View school
Net cost: $22,899

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 4.1 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $48,478

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $921

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 93%
Graduation rate: 72%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#13 in Indiana | #557 in Business nationally

Anderson University

Anderson, Indiana

Economic score: 4.45

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

View school
Net cost: $23,046

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 4.3 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $47,724

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $1,306

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 62%
Graduation rate: 59%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#14 in Indiana | #621 in Business nationally
Economic score: 5.03

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

View school
Net cost: $13,481

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 4.1 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $40,310

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $8,750

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 96%
Graduation rate: 53%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#15 in Indiana | #659 in Business nationally

Manchester University

North Manchester, Indiana

Economic score: 5.42

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

View school
Net cost: $18,064

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 4.6 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $41,811

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $7,671

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 76%
Graduation rate: 53%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#16 in Indiana | #677 in Business nationally
Economic score: 5.70

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

View school
Net cost: $20,060

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 4.9 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $41,761

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $7,259

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 83%
Graduation rate: 69%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#17 in Indiana | #704 in Business nationally

Saint Mary, of-the-Woods College

Saint Mary of the Woods, Indiana

Economic score: 6.14

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

View school
Net cost: $15,585

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 4.9 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $39,336

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $9,714

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 70%
Graduation rate: 52%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#18 in Indiana | #715 in Business nationally

Bethel University

Mishawaka, Indiana

Economic score: 6.29

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

View school
Net cost: $18,542

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 5.1 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $40,089

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $8,934

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 98%
Graduation rate: 69%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#19 in Indiana | #759 in Business nationally

Earlham College

Richmond, Indiana

Economic score: 7.83

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

View school
Net cost: $19,368

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 6.1 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $38,289

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $11,061

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 69%
Graduation rate: 64%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

#20 in Indiana | #770 in Business nationally

Oakland City University

Oakland City, Indiana

Economic score: 8.25

The Economic Score is the combination of payback and earningsplus, and is how we determine a school’s rank. The lower the economic score the better. For an analysis of how we arrive at the economic score, and a description of our data sources, please visit our methodology page.

View school
Net cost: $11,120

The median net cost of students who receive federal financial aid. This is lower than the price advertised by the school.

Payback: 5.8 years

Payback measures how long it takes the average student to pay back the total cost of attending college with marginal earnings. Marginal earnings are the difference between what the average student would have earned before attending college and what they earn afterwards.

Earnings: $34,258

Median earnings of all students 10 years after enrollment. Includes students that did not graduate.

EarningsPlus: - $14,711

EarningsPlus compares student earnings after college against a benchmark that Degreechoices adjusts based on each school’s unique mix of academic programs and the in-state/out-of-state composition of the student body.

Admission rate: 73%
Graduation rate: 67%

Graduation rates below the school’s state average are shown in red. Schools with graduation rates in the bottom 25% nationally (48%) are not ranked and are displayed at the end of the ranking list.

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How long does it take me to repay a bachelor's degree in business administration in Indiana?

Years

3.4 years

The cost of the average bachelor's degree in business administration in Indiana is covered by the new earnings of graduates in 3.4 years.

How much do graduates with bachelor's degree in business administration earn in Indiana?

Salary

$49,531

The median bachelor's degree in business administration graduate earns $49,531 3 years after graduating.

How much does a bachelor's degree in business administration cost in Indiana?

Net cost

$16,236

The average annual cost of a bachelor's degree in business administration is $16,236. This is the net cost and considers only students that have received Title IV funds.