Best MBA Programs in Indiana

Business administration master’s graduates in Indiana earn a weighted average salary of $67,313 3 years after graduation, placing them in the bottom 10% nationally.

Cost of living is not considered when comparing states.

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.

Interested in how we rank schools? Review our ranking methodology.

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Rankings
Ranking methodology
#1 in Indiana | #32 in Business schools nationally
Economic score 0.17

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 $79,912

Median earnings of all students 4 years after graduating.

Debt to earnings 0.2

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 | #90 in Business schools nationally

Purdue University

West Lafayette, Indiana

Economic score 0.23

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 $116,745

Median earnings of all students 4 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 | #114 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 $108,662

Median earnings of all students 4 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 | #135 in Business schools nationally

Oakland City University

Oakland City, 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 $87,480

Median earnings of all students 4 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 $26,816

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

#5 in Indiana | #183 in Business schools nationally

Butler University

Indianapolis, Indiana

Economic score 0.28

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 $103,454

Median earnings of all students 4 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

University of Indianapolis

Indianapolis, 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 $85,196

Median earnings of all students 4 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.

#7 in Indiana | #216 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 $73,893

Median earnings of all students 4 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 $24,627

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

#8 in Indiana | #325 in Business schools nationally

Valparaiso University

Valparaiso, Indiana

Economic score 0.37

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 $74,519

Median earnings of all students 4 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 | #331 in Business schools nationally

Anderson University

Anderson, 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 $80,169

Median earnings of all students 4 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 $35,690

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

#10 in Indiana | #382 in Business schools nationally

Indiana State University

Terre Haute, Indiana

Economic score 0.42

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 $66,602

Median earnings of all students 4 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 | #411 in Business schools nationally

Saint Mary, of-the-Woods College

Saint Mary of the Woods, Indiana

Economic score 0.44

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 $52,229

Median earnings of all students 4 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.

#12 in Indiana | #568 in Business schools nationally
Economic score 0.64

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 4 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 | #584 in Business schools nationally

Bethel University

Mishawaka, Indiana

Economic score 0.66

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 4 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 | #642 in Business schools nationally

University of Evansville

Evansville, Indiana

Economic score 0.79

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 $51,264

Median earnings of all students 4 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 | #648 in Business schools nationally
Economic score 0.82

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 4 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.

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

$67,313

The median master's degree in business administration graduate earns $67,313 4 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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