Top MBA programs in Indiana

We rank the best MBA programs according to the economic return of graduating students. Our business ranking category includes more specific business degrees such as finance, accounting, marketing, and human resource management, all of which are accessible from the "additional ranking" filter.  

Our MBA rankings cover 812 of the 994 universities available, accounting for 93% of total student conferrals. Three years after completing their degree, graduates earn a weighted average salary of $68,748.

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#1 in Indiana | #61 in Business schools nationally

University of Southern Indiana

Evansville, Indiana

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.

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Earnings: $66,253

Median earnings of all students 3 years after graduation.

EarningsPlus: + $3,130

EarningsPlus compares student earnings after college against a benchmark of all students with the same graduate degree, adjusting for the in-state / out-of-state composition of the student body.

Debt: $16,678

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

Debt to earnings: 0.25

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.

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#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.

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Earnings: $105,735

Median earnings of all students 3 years after graduation.

EarningsPlus: + $40,063

EarningsPlus compares student earnings after college against a benchmark of all students with the same graduate degree, adjusting for the in-state / out-of-state composition of the student body.

Debt: $43,233

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

Debt to earnings: 0.41

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.

#3 in Indiana | #155 in Business schools nationally

Purdue University Northwest

Hammond, 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.

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Earnings: $95,054

Median earnings of all students 3 years after graduation.

EarningsPlus: + $29,210

EarningsPlus compares student earnings after college against a benchmark of all students with the same graduate degree, adjusting for the in-state / out-of-state composition of the student body.

Debt: $41,000

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

Debt to earnings: 0.43

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.

#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.

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Earnings: $75,815

Median earnings of all students 3 years after graduation.

EarningsPlus: + $10,521

EarningsPlus compares student earnings after college against a benchmark of all students with the same graduate degree, adjusting for the in-state / out-of-state composition of the student body.

Debt: $26,816

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

Debt to earnings: 0.35

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.

#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.

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Earnings: $94,646

Median earnings of all students 3 years after graduation.

EarningsPlus: + $28,573

EarningsPlus compares student earnings after college against a benchmark of all students with the same graduate degree, adjusting for the in-state / out-of-state composition of the student body.

Debt: $41,646

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

Debt to earnings: 0.44

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.

#6 in Indiana | #215 in Business schools nationally

University of Saint Francis, Fort Wayne

Fort Wayne, Indiana

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.

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Earnings: $67,505

Median earnings of all students 3 years after graduation.

EarningsPlus: + $4,497

EarningsPlus compares student earnings after college against a benchmark of all students with the same graduate degree, adjusting for the in-state / out-of-state composition of the student body.

Debt: $24,627

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

Debt to earnings: 0.36

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.

#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.

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Earnings: $76,389

Median earnings of all students 3 years after graduation.

EarningsPlus: + $10,452

EarningsPlus compares student earnings after college against a benchmark of all students with the same graduate degree, adjusting for the in-state / out-of-state composition of the student body.

Debt: $31,215

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

Debt to earnings: 0.41

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.

#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.

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Earnings: $70,724

Median earnings of all students 3 years after graduation.

EarningsPlus: + $2,800

EarningsPlus compares student earnings after college against a benchmark of all students with the same graduate degree, adjusting for the in-state / out-of-state composition of the student body.

Debt: $28,059

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

Debt to earnings: 0.40

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.

#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.

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Earnings: $52,940

Median earnings of all students 3 years after graduation.

EarningsPlus: - $13,046

EarningsPlus compares student earnings after college against a benchmark of all students with the same graduate degree, adjusting for the in-state / out-of-state composition of the student body.

Debt: $17,271

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

Debt to earnings: 0.33

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.

#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.

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Earnings: $63,602

Median earnings of all students 3 years after graduation.

EarningsPlus: - $125

EarningsPlus compares student earnings after college against a benchmark of all students with the same graduate degree, adjusting for the in-state / out-of-state composition of the student body.

Debt: $27,565

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

Debt to earnings: 0.43

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.

#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.

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Earnings: $70,253

Median earnings of all students 3 years after graduation.

EarningsPlus: + $6,403

EarningsPlus compares student earnings after college against a benchmark of all students with the same graduate degree, adjusting for the in-state / out-of-state composition of the student body.

Debt: $35,690

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

Debt to earnings: 0.51

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.

#12 in Indiana | #504 in Business schools nationally

Grace College and Theological Seminary

Winona Lake, Indiana

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.

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Earnings: $51,347

Median earnings of all students 3 years after graduation.

EarningsPlus: - $12,729

EarningsPlus compares student earnings after college against a benchmark of all students with the same graduate degree, adjusting for the in-state / out-of-state composition of the student body.

Debt: $24,699

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

Debt to earnings: 0.48

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.

#13 in Indiana | #521 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.

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Earnings: $52,107

Median earnings of all students 3 years after graduation.

EarningsPlus: - $11,896

EarningsPlus compares student earnings after college against a benchmark of all students with the same graduate degree, adjusting for the in-state / out-of-state composition of the student body.

Debt: $26,263

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

Debt to earnings: 0.50

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.

#14 in Indiana | #562 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.

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Earnings: $53,185

Median earnings of all students 3 years after graduation.

EarningsPlus: - $11,351

EarningsPlus compares student earnings after college against a benchmark of all students with the same graduate degree, adjusting for the in-state / out-of-state composition of the student body.

Debt: $29,902

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

Debt to earnings: 0.56

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.

#15 in Indiana | #601 in Business schools nationally

Indiana Institute of Technology

Fort Wayne, Indiana

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.

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Earnings: $56,702

Median earnings of all students 3 years after graduation.

EarningsPlus: - $8,495

EarningsPlus compares student earnings after college against a benchmark of all students with the same graduate degree, adjusting for the in-state / out-of-state composition of the student body.

Debt: $37,600

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

Debt to earnings: 0.66

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.

Explore more schools without data

University of Notre Dame

Notre Dame, Indiana

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Huntington University

Huntington, Indiana

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Purdue University Fort Wayne

Fort Wayne, Indiana

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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 master's degree in business administration earn in Indiana?

Salary

$62,253

The median master's degree in business administration graduate earns $62,253 3 years after graduating.

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

Net cost

$17,238

The average annual cost of a master's degree in business administration is $17,238. This is the net cost and considers only students that have received Title IV funds.