Top MBA programs in Indiana

Business Administration master’s graduates in Indiana earn a weighted average salary of $65,177 3 years after graduation, placing them in the bottom 50% nationally.

Our business administration graduate rankings cover 15 of the 18 programs available in Indiana, accounting for 90% of total student graduates. We only include schools with sufficient earnings and/or debt data.

Cost of living is not considered when comparing states.

For more information visit our guide to business administration. Interested in how we rank schools? Review our ranking methodology.

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Ranking methodology
#1 in Indiana | #61 in Business schools nationally
Economic score 0.24

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’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.

Earnings $66,253

Median earnings of all students 3 years after graduating.

Debt to earnings 0.3

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $16,678

The total debt accrued by the median student at the time of graduation.

#2 in Indiana | #81 in Business schools nationally

Purdue University

West Lafayette, Indiana

Economic score 0.25

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’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.

Earnings $105,735

Median earnings of all students 3 years after graduating.

Debt to earnings 0.4

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $43,233

The total debt accrued by the median student at the time of graduation.

#3 in Indiana | #155 in Business schools nationally
Economic score 0.30

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’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.

Earnings $95,054

Median earnings of all students 3 years after graduating.

Debt to earnings 0.4

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $41,000

The total debt accrued by the median student at the time of graduation.

#4 in Indiana | #163 in Business schools nationally

Oakland City University

Oakland City, Indiana

Economic score 0.30

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’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.

Earnings $75,815

Median earnings of all students 3 years after graduating.

Debt to earnings 0.4

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $26,816

The total debt accrued by the median student at the time of graduation.

#5 in Indiana | #169 in Business schools nationally

Butler University

Indianapolis, Indiana

Economic score 0.31

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’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.

Earnings $94,646

Median earnings of all students 3 years after graduating.

Debt to earnings 0.4

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $41,646

The total debt accrued by the median student at the time of graduation.

#6 in Indiana | #215 in Business schools nationally
Economic score 0.34

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’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.

Earnings $67,505

Median earnings of all students 3 years after graduating.

Debt to earnings 0.4

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $24,627

The total debt accrued by the median student at the time of graduation.

#7 in Indiana | #240 in Business schools nationally

University of Indianapolis

Indianapolis, Indiana

Economic score 0.35

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’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.

Earnings $76,389

Median earnings of all students 3 years after graduating.

Debt to earnings 0.4

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $31,215

The total debt accrued by the median student at the time of graduation.

#8 in Indiana | #272 in Business schools nationally

Valparaiso University

Valparaiso, Indiana

Economic score 0.38

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’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.

Earnings $70,724

Median earnings of all students 3 years after graduating.

Debt to earnings 0.4

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $28,059

The total debt accrued by the median student at the time of graduation.

#9 in Indiana | #305 in Business schools nationally

Saint Mary, of-the-Woods College

Saint Mary of the Woods, Indiana

Economic score 0.41

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’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.

Earnings $52,940

Median earnings of all students 3 years after graduating.

Debt to earnings 0.3

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $17,271

The total debt accrued by the median student at the time of graduation.

#10 in Indiana | #342 in Business schools nationally

Indiana State University

Terre Haute, Indiana

Economic score 0.43

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’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.

Earnings $63,602

Median earnings of all students 3 years after graduating.

Debt to earnings 0.4

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $27,565

The total debt accrued by the median student at the time of graduation.

#11 in Indiana | #382 in Business schools nationally

Anderson University

Anderson, Indiana

Economic score 0.46

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’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.

Earnings $70,253

Median earnings of all students 3 years after graduating.

Debt to earnings 0.5

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $35,690

The total debt accrued by the median student at the time of graduation.

#12 in Indiana | #506 in Business schools nationally
Economic score 0.60

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’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.

Earnings $51,347

Median earnings of all students 3 years after graduating.

Debt to earnings 0.5

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $24,699

The total debt accrued by the median student at the time of graduation.

#13 in Indiana | #523 in Business schools nationally

Bethel University

Mishawaka, Indiana

Economic score 0.62

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’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.

Earnings $52,107

Median earnings of all students 3 years after graduating.

Debt to earnings 0.5

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $26,263

The total debt accrued by the median student at the time of graduation.

#14 in Indiana | #564 in Business schools nationally

University of Evansville

Evansville, Indiana

Economic score 0.68

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’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.

Earnings $53,185

Median earnings of all students 3 years after graduating.

Debt to earnings 0.6

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $29,902

The total debt accrued by the median student at the time of graduation.

#15 in Indiana | #604 in Business schools nationally
Economic score 0.76

The Economic Score is the combination of debt-to-earnings ratio and earningsplus. We use the economic score to determine a graduate program’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.

Earnings $56,702

Median earnings of all students 3 years after graduating.

Debt to earnings 0.7

The debt-to-earnings ratio is calculated by dividing student debt upon graduation by the annual salary. A debt to earnings ratio of 1 means that annual educational debt is the same as annual earnings.

Debt $37,600

The total debt accrued by the median student at the time of graduation.

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How long does it take to pay down debt in business administration in Indiana?

Years

Under a year

The average debt accrued from a master's degree in business administration is covered by average graduate earnings in under a year.

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

Salary

$65,177

The median master's degree in business administration graduate earns $65,177 3 years after graduating.

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

Net cost

$17,915

The average annual cost of a master's degree in business administration is $17,915. This is the net cost and considers only students that have received Title IV funds.

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