The 15 Best Indiana Online MBA Degree Programs

Develop your management and leadership skills and grow your confidence by obtaining an online MBA or graduate certificate. For this Best Indiana Online MBA ranking, we’ve compiled the top #15 schools to help you get started working on your professional career ambitions. Advanced educational pursuits can broaden network contacts, strengthen subject matter expertise, cultivate change, advance your career, or enable you to start your business. Through access, convenience, and flexibility, each school supports the success of every student by offering programs and coursework that can fit into working professional’s busy lives.

The regionally accredited schools on this list provide a wide range of formats and programs designed to increase knowledge and nurture personal and professional growth. Most schools offer paths that can be completed entirely online. A few provide hybrid formats, requiring online and on-campus participation. Almost all provide degrees and certificates through traditional classroom settings or satellite campuses. The average length of time for degree completion is two years. Accelerated paths can take as little as 11.5 to 12 months, while some will let you pause coursework or take up to four years for completion. A stand-alone graduate certificate can quickly augment skills and increase expertise in 12 to 15 credits. Degree total credits vary between 30 and 76 hours, depending on course length sessions and customizable concentrations.

Every reputable school in this top #15 Best Indiana Online MBA ranking upholds the same rigorous academic standards, content, coursework, and high-quality faculty, whether being taken online or in a classroom. A diploma will not differentiate degree formats. Seven public and eight private, not-for-profit institutions make up the distinguished schools on this list. Student body sizes are anywhere from 1,500 to 45,000 enrollees. Some schools have specific start dates, while several offer rolling admissions enabling you to begin at any time. Choosing the school and program that is right for you involves many factors, including expenses. The majority of the schools are given an Affordable ranking, with 13% coming in at Very Affordable and another 13% at Expensive. Whether you enroll in a General MBA, designate a concentration, go for a dual-degree, or obtain a certificate, any school on this list is a top choice to make your career dreams a reality.

Methodology

Exploring which graduate schools to choose from can seem like an overwhelming mixture of excitement and intimidation. To simplify your search, MBA Central has evaluated every online MBA program within the state of Indiana. Each school is given a ranking, derived from scores calculated at 1/3 each of Affordability, Support Services, and Quality of Classes.

Tuition is a fundamental component in determining which program, degree path, or certificate options are right for you. Found at the bottom of each school depicted in this Best Indiana Online MBA ranking is an Affordability Score extending from Very Affordable to Very Expensive.

Very Affordable: below $15,000
Affordable: $15,000 – $19,999
Average: $20,000 – $29,999
Above Average: $30,000 – $49,999
Expensive: $50,000 – $99,999
Very Expensive: $100,000+

#1 Ball State University Miller College of Business – Muncie, Indiana

Ball State University’s Miller College of Business, located in Muncie, Indiana, offers an entirely online MBA degree format. Students anywhere in the world can enjoy access to this prestigious AACSB accredited program. On-campus and hybrid options are also available. Choose a General online MBA degree or customizations like Entrepreneurship, Logistics and Supply Chain Management, or Sales Management. Stand-alone certificates are available in Business Essentials for Professionals, Entrepreneurship, Professional Sales Management, and Health Economics, Policy, and Administration. Students who already possess a business degree can expect to complete the program in 30 to 33 credit hours, comprised of 24 core in addition to 6 to 9 in electives. Students without a prior business degree can expect to take up to 51 credit hours, dependent upon how many foundation courses are needed. Once accepted, students will be informed how many, if any, of the following foundation courses may be required: Financial Accounting, Survey of Economics, Corporation Finance, Survey of Marketing, Managing Organizational Behavior, and Operations Management. US News and World Report rank BSU #13 in terms of prestige and #35 for distance learning support, out of all the online MBA programs in the nation. Online students, while taking advantage of tremendous flexibility, will complete the same rigorous coursework, taught by the same exceptional faculty, and will graduate with the same reputable degree making BSU an outstanding choice.

Accepted enrollees can begin in the fall, spring, or summer and can be either part- or full-time. Interested applicants are required to submit a $60 application fee. The fee can be waived for McNair Scholars, active-duty or veteran military, previous Ball State students, as well as other qualifying criteria. Previous professional work experience is not a requirement for admissions. A minimum of 2.75 GPA is considered along with academic performance, GMAT/GRE score, and promising leadership qualities in determining admission acceptance. Exam waivers for the GMAT/GRE are granted for students meeting one or more of the following: possessing a previously earned terminal degree, completed a graduate certificate or graduate degree from with a 3.2 GPA or higher from the Miller College of Business, in addition to other determinants. A one or two-page resume, three letters of recommendation, and official transcripts must be submitted. Out-of-state online students are responsible for checking the map on the BSU website to ensure their state is authorized and licensed to permit attendance. Ball State University is a public institution with enrollment around 22,000 students. Around 80% receive financial aid via merit assistance, work options, scholarships, assistantships, and fellowships.

Acred.: AACSB, HLC
A.S.: Very Affordable

#2 University of Southern Indiana Romain College of Business – Evansville, Indiana

The AACSB accredited Romain College of Business, run out of the University of Southern Indiana, is located in Evansville, Indiana. Students can earn their online MBA in just under a year. Thirty credit hours, comprised of 21 core, six concentrations, and three hours in Data-Driven Decision Making, make up the program requirements. Six concentrations are available for acquiring in-depth knowledge and skills development in an area of expertise. Amass leading-edge theory and application with an Accounting concentration. Gain processing skills to propel data-based determinations for innovation and growth with a Data Analytics concentration. Obtain the confidence and ability for robust leadership with the Engineering Management concentration. Develop strategies within an organization for managing employees with a Human Resources concentration. Secure practical business knowledge from the vantage of the healthcare industry through a Healthcare Administration concentration. Master the project management lifecycle and become poised for positions in operations, business development, and project management with a concentration in Project Management. Core courses include Accounting for Decision Making and Control, Managerial Economics, Financial Management and Financial Markets, Information Systems and Technology, and Strategic and International Management. Anywhere there is an internet connection; students can access courses around the clock. Shaping “today’s business students into tomorrow’s outstanding professionals” is a core commitment of the Romain College of Business. Top-notch faculty, nationwide business competitions and networking opportunities, excellent student-centric support, and the highest academic standards are exemplary reasons to choose USI for advanced educational pursuits.

A $40 application fee is required to apply. Veterans and active military members will receive a waiver. Make sure to choose the waiver option and contact the admissions office. A previously earned graduate degree, two years of professional work experience with an undergraduate GPA of 3.0, three years of professional work experience with an undergraduate GPA of 2.5, or membership of Beta Gamma Sigma may qualify students for GMAT/GRE test score waivers. Students must submit a professional resume, the contact information of three professional references, and official transcripts of previously attended institutions. Financial assistance is available. Tuition is pay-as-you-g0 with no hidden fees.

Acred.: AACSB, HLC
A.S.: Very Affordable

#3 Anderson University Falls School of Business – Anderson, Indiana

Hailing from Anderson, Indiana, Anderson University’s Falls School of Business offers a General Professional online MBA that can be obtained in 37 credit hours. Concentration tracks are available in Accounting, Finance, Human Relations, International Business, Leadership, Marketing, New Venture Development, and Project Management. Either track can be completed in under two years. A full-time residential 10-month MBA is also available for students pursuing on-campus studies. Year one highlights foundational business functions, and year two focuses on the comprehensive, strategic, and structural requirements of organizations. Online MBA programs require an introductory class to prepare students for the online experience. Instructional videos, discussion boards, classmate collaboration, and interactions with faculty are all part of the rigorous curriculum. The General MBA courses consist of Business and Society, Managerial Accounting, Managerial Economics, Financial Management, Organizational Behavior, Business Plan Development, Marketing Strategy, Leading Organizational Change, Competition and Strategy, Leadership Seminar, in addition to elective or concentration courses. Exceptional support services are provided for students and alumni. The Center for Career and Calling offers multiple functions by providing self-discovery tools, experience assistance, and career counseling services. Help with networking, mentorship, job shadowing, internships are just a few areas students can request assistance. Resume, application, and interview assistance is also available. Through the development of aspirational leadership, AU seeks to instill in each graduate the core values of Servant Leadership, Generosity, Excellence, Integrity, and Responsibility.

Students wishing to enroll are encouraged to attend an information session. They will learn about the various programs, what to expect with classes and coursework, the application process, requirements, etc. Online MBA students can meet one-on-one with an enrollment counselor for any assistance and questions. An online application, a non-refundable $50 fee, and three professional recommendations are required. Materials can be submitted online or mailed. Many types of financial assistance are available, such as grants and loans, as well as scholarships through the generosity of donors. Established in 1917 in the traditions of the Church of God, AU is a Christian institution that seeks to graduate leaders with a global perspective and “who are competent, caring, creative, generous individuals of character and potential.”

Acred.: ACBSP, HLC
A.S.: Average

#4 Indiana University Kelley School of Business – Bloomington, Indiana

Indiana University’s Kelley School of Business, located in Bloomington, Indiana, offers an online MBA with seven majors to choose from in Business Analytics, Entrepreneurship and Innovation, Finance, Global Supply Chain Management, Information Technology Management, Marketing, and Strategic Management. Founded in 1820 and celebrating its 200th year, IU is a trailblazer of knowledge and innovation. Out of all the online MBA programs in the entire nation, US News and World Report rank the AACSB accredited Kelley School of Business’ program #1 for academic standards and quality of classes. Balancing personal and professional obligations, students can take two or four years to complete all 54 credit hour program requirements, working at their own pace. The “Signature Integrated Core Experience” is comprised of three six-credit blocks that each lasts 12 weeks: Foundations, Functions, and Future. A second 24 credits are dedicated to electives and chosen major. The Kelly Connect Weeks, a one-week residency requirement in each year of the program, totals three credits. Build lifelong network connections and friendships, chart your degree path and career goals, and cultivate solutions for an international business client. The final three credit hours are a choice between an online course about global business or an immersive seven to 10 day national or global trip. The dual degree path, which requires 66 credit hours and encompasses an additional 12 hours for a second degree, saves time expense.

A holistic review process is used for admission candidates with two applications required. The first is free and is used to secure contact and background information. Students might be invited to participate in a 30-minute interview conducted by a member of the admissions team. After completing the first form, students will be emailed a link for the IU Graduate School Application that requires a $75 non-refundable fee. A personal statement, no greater than 500 words, detailing career and academic goals and why you are a strong candidate for the program, a professional resume, and three contacts are to be submitted. Professional contacts will be sent an email questionnaire. GMAT/GRE test scores waivers are very competitive, and only a certain number are awarded each admissions cycle. Applicants with previously obtained terminal degrees shall immediately qualify. A highly customizable program track with tremendous opportunities for global networking, professional development, and the #1 ranked program in the nation makes IU a superb choice.

Acred.: AACSB, HLC
A.S.: Expensive

#5 Indiana Tech College of Business – Fort Wayne, Indiana

Indiana Tech, the well-known moniker of Indiana Institute of Technology, offers five concentrations to choose from through their online MBA program at the College of Business. Located in Fort Wayne, Indiana, students can complete the entirety of their degree requirements online. Accounting, Health Care Management, Human Resources Management, Management, and Marketing are options for customizable concentrations. Stand-alone graduate certificates require five courses of three credits each totaling 15 credit hours with options including Project Management, Health Care Administration, Human Resources Management, Management, and Marketing. Students completing certificates are almost half-way to an MBA degree and can seamlessly continue their studies if they choose. MBA degrees require 36 up to 42 credit hours for completion, depending on chosen concentrations. Core courses include Executive Management, Financial Management, and Business Statistics. Combine an online MBA degree with a second degree in either Master of Science in Management or Master of Science in Engineering Management for a dual degree track. Dual degrees require 60 credits hours, including six in electives. Expert faculty at Indiana Tech hold real-world professional experience and come from the diverse industries in which they teach, providing students an advantage as they combine theory with direct application. Students greatly benefit from the small teacher to student ratio.

Apply in three simple steps. First, fill out and submit an online application. Mail-in applications are also accepted. Second, provide the necessary materials, including official transcripts from an accredited institution. A 2.5 minimum undergraduate GPA and two years of work experience are required. For applicants not meeting the minimum professional work experience, GPA and GMAT scores are considered. Students not meeting all criteria may be accepted on a conditional basis. Third, make sure to fill out financial aid forms. Graduate certificates courses are credit-bearing and also qualify for financial aid. Merit and military scholarships are available as well as private scholarships. The Community Foundation of Greater Fort Wayne, Hispanic College Fund, Indiana Women in Public Finance, The Indiana Women’s Education Foundation, Questa Education Foundation, and The Well County Foundation are all private scholarship funds in which students may qualify.

Acred.: IACBE, HLC
A.S.: Affordable

#6 Indiana University Northwest School of Business and Economics – Gary, Indiana

Indiana University Northwest’s AACSB accredited School of Business and Economics, located in Gary, Indiana, offers a hybrid format as part of their online MBA for Professionals program. Students can earn a highly respected worldwide Indiana University degree by choosing between the Weeknight MBA, which meets once every other week only in Gary, or the Weekend MBA, which meets every other Saturday. Weekend classes can be completed in just 18 months and can be taken at the Gary campus, where the cohorts begin each fall or at the Michigan City satellite location where the cohorts start each spring. As the Weekend MBA option concludes, students will participate in an International Business Experience. IUN is committed to the success of each student through support as they manage multiple commitments balancing personal and professional responsibilities. Classes and coursework afford students tremendous flexibility to address their obligations as they pursue academic and professional career goals. Each program includes a Lean Six Sigma Certification as part of the executive leadership development focus. Students will receive executive coaching and participate in a personal assessment (16PF) of positive personality dimensions and 11 negative dimensions (Hogan Development Survey) that can impact performance. A stand-alone Graduate Certificate in Management can allow students to enhance their skill set and add to their portfolios in a short amount of time. Five courses cover areas integral to business management: Statistics for Managers, Economics for Managers, Accounting for Decision Making, Marketing Management, and Financial Management. For students wishing to pursue their MBA at a later date, these courses will count toward the 45-credit hour requirement.

Students can get started by submitting a $40 non-fundable fee with an online application. One letter of recommendation and a personal statement are required, as well as official transcripts from previously attended institutions and GMAT/GRE test scores. Students possessing five years or greater of professional managerial experience will qualify for test score waivers. Students needing Excel training can place a request for a self-paced online or face-to-face tutorial. Tuition comes in at Affordable per out Methodology. Financial assistance is available for qualifying students. All prospective students are encouraged to check out the IUN website and request more information about the programs that can help take their career to the next level.

Acred.: AACSB, HLC
A.S.: Affordable

#7 Oakland City University School of Business – Oakland City, Indiana

Oakland City University, located in Oakland City, Indiana, offers two MBA degree paths through the School of Business. Both entirely online, students can choose between the General Online MBA or the Specialized Online Healthcare MBA programs. Eight core courses totaling 24 credit hours are the same for both programs. These courses include Financial and Managerial Accounting, Management Information Systems, Marketing Management, Leadership and Organizational Behavior, and a Capstone Seminar. The General MBA requires 33 total credit hours, with nine hours in Financial Management, International Business Management, and Strategic Management and Operational Planning. The Healthcare MBA requires Healthcare Financial Management, Healthcare Strategic Management, and Healthcare Quality and Ethics. OCU is a Christian institution with a 135-year tradition of excellence. Students of all faiths and degree backgrounds are encouraged to apply. For students who do not possess a business undergraduate degree, additional courses in accounting, finance, and statistics may be required. The tenants of all programs are five “broad-based learning goals” aligned with OCU’s mission of the ‘enhancement of intellectual, spiritual, physical, and social development for positive leadership.” The five integrated learning goals are professional capabilities, communication skills, information technology and literacy, disciplined inquiry, and ethics, and morality.

A free online application can be completed in 10 minutes or less. An OCU admissions counselor will guide interested applicants through the remaining steps to apply. Students interested are encouraged to fill out the Free Application for Federal Student Aid (FAFSA) form. Students must submit official transcripts for their bachelor’s degree as well as for any graduate courses completed. Up to six credits are allowed to be transferred, helping students to save time and expense. A resume, demonstrating two years of professional work experience, and three references are required. Once all materials are received, students will be informed within 72 hours of admission decisions. OCU is a private, not-for-profit university with almost 2,000 student enrollees. OCU participates in the Yellow Ribbon Program, which covers tuition costs not covered by the Post-9/11 GI Bill. Students earning their highly versatile MBA degree at OCU can expect the utmost academic standards, affordable tuition, and tremendous coursework flexibility.

Acred.: IACBE, HLC
A.S.: Affordable

#8 University of Saint Francis Keith Busse School of Business and Entrepreneurial Leadership – Fort Wayne, Indiana

Founded in 1890 in the Franciscan traditions, for over 125 years, USF has been “empowering each student to cultivate skills and embrace callings.” The graduate Keith Busse School of Business and Entrepreneurial Leadership, run from the University of Saint Francis, located in Fort Wayne, Indiana, offers an entirely online MBA with concentrations in Marketing, Management Information Systems, and Sustainability. Eight-week course sessions through the USF’s virtual campus allows students to complete the 36 credit hour requirement at an accelerated pace. Full-time students who take two courses at a time can complete the program in 12 months, while part-time students can finish in 24 months. The MBA program core is the same for all concentrations: Business Policy and Strategy (Capstone), Financial Management, Franciscan Value and Ethics in Business, Human Resource Management, International Business, Law and Ethics in the Business Environment, Leading Change, Managerial Accounting, Managerial Economics, Marketing Management, Operations Management, and Quantitative Methods in Decision Support. Several support services are available to help students at every step of their program. Every online student is paired with a success coach who can help locate resources for class projects and connect them to career services, staff, and instructors. USF’s SmarThinking Tutoring service has video tutorials available 24/7 for all degree programs. The Mentoring Program is a free online service that pairs USF alumni with students for one-on-one mentoring.

There are no application fees to apply. Students can take advantage of up to six start dates a year. The average financial aid package is $25,459, with 99% of students filing a FAFSA receiving assistance. Veteran and military members may receive support from the Post-9/11 GI Bill, the Yellow Ribbon Program, the Montgomery GI Bill, and the Active Duty (MGIB-AD). Prospective applicants can transfer up to 15 credit hours enable students to complete the program in even less time. Students must submit official transcripts and a resume as well as possess a 2.75 minimum cumulative GPA. For applicants with a GPA less than 2.75 in addition to less than five years of professional work experience, they may take the GMAT and submit scores for review.

Acred.: ACBSP, HLC
A.S.: Affordable

#9 Purdue University Fort Wayne Doermer School of Business – Fort Wayne, Indiana

Hailing from Fort Wayne, Purdue University Fort Wayne’s Doermer School of Business offers students a hybrid online Professional MBA degree. Designed for busy working professionals, classes begin at the end of July and meet every Saturday morning from 8:30 am to 12 pm. Seven hybrid and four online courses make up the 33 credit hours for program completion. Students are required to be full-time, taking three quarters (known as components) of three classes each and one-quarter of two classes. They shall maintain a 3.0 GPA or higher during the program. Students with extenuating circumstances will be given up to four years to fulfill program requirements. Course curriculum includes Decision Making and Economic Environment in a Global Economy, Data Analytics and Management Science, Leadership and Management of People in Organizations, Financial Analysis and Decision Making, Operations and Supply Chain Management, Strategic Cost Management, Management of Information Technology, Topics in Operations Management, Topics in Finance, Marketing and Customer Relationship Management, and Strategic Management, plus a mandatory Orientation. Expectations for coursework include group and individual assignments, case study analysis, in-class and take-home examinations, and presentations. Students will work on real projects with local business partners through integrated executive mentorship and experiential learning. A reputable Purdue University degree will help students open doors and take their careers to the next level.

There are no GMAT requirements for this AACSB accredited program. The Associate to Advance Collegiate Schools of Business is the highest and most prestigious accreditation. Less than 5% of business schools worldwide have earned this accreditation. Cohorts are small by design; therefore, admission is competitive. Applicants will possess, at minimum, three years of professional work experience and a bachelor’s degree. Students are to submit official transcripts, two letters of recommendation, and a candidate statement. An interview with the MBA director is part of the application process. Financial assistance through subsidized and unsubsidized loans may be available to students who apply. Scholarship and grant opportunities are available to students who meet qualifying criteria. Students must also submit an application to be considered for graduation, ensuring their information appears in the program as well as to be considered for honors.

Acred.: AACSB, HLC
A.S.: Average

#10 Indiana Wesleyan University DeVoe School of Business – Marion, Indiana

Indiana Wesleyan University’s graduate DeVoe School of Business offers an online General MBA with four customizable concentrations in Healthcare Administration, Personal Financial Planning, Project Management, and School Administration. Classes are taken one at a time, sequentially, until students have completed the 36 (for the General MBA) to 42 (for all concentrations) credit hour requirements. Except for the online program, not every program is available at every location. Greenwood, Indianapolis, Fort Wayne, Kokomo, Columbus are all participating cities with satellite locations. Ohio and Kentucky also have locations. Through each program, taught by the same industry-expert faculty in on-campus settings, students will learn to coordinate essential analysis of all functions across the business realm to manage resources in a profitable, efficient, and principled way through an integrated biblical framework. In addition to the business core curriculum, each concentration provides an in-depth study of theory and practical application to gain the knowledge and skills for robust leadership. For example, the Healthcare Administration offers specialized courses such as Healthcare Principles and Policies, Healthcare Governance and Organizational Structure, Healthcare Finance, Healthcare Issues, Healthcare Technology and Information Management, Healthcare Strategic Development, and Healthcare Administration Capstone. The typical time it takes to complete the MBA program is 21 months. Students conduct all coursework and cohort engagement online through asynchronous participation. This means students are able to interact at times and places convenient for them. Attendance is recorded by students participating in a designated discussion or submission of an assignment during a workshop, lasting seven days. Founded in 1920 as a Christian institution, IWU’s vision and mission include preparing “students to become world changers by developing them in character, scholarship, and leadership.”

Once applications are received, admission decisions are provided within a few business days. Students are encouraged to submit all necessary materials two weeks before deadlines. An admissions representative is available to help students throughout the entire process. Online applications with no additional fees, are to be submitted along with official transcripts from institutions where bachelor’s degrees or transfer credits were earned. Transcripts must contain the official seal as well as the signature of the registrar. Transcripts that are stamped “unofficial” or “student copy” cannot be accepted.

Acred.: ACBSP, HLC
A.S.: Average

#11 Bethel University Division of Adult and Graduate Studies – Mishawaka, Indiana

Located in Mishawaka, Indiana, the Division of Adult and Graduate Studies of Bethel University offers an accelerated 100% online MBA program where students can earn their degree in one year. Program requirements totaling 36 credits are comprised of 21 required and 15 elective course hours. Core classes include Management in Action, Marketing Strategy and Policy, Accounting and Managerial Decision Making, Business Policy and Ethical Decision Making, and Organizational Behavior. Students are to choose nine credits from the following: Human Resources Management, Leadership Theory and Applications, Organizational Communication, Economic Perspectives, and Fundraising and Board Development. To complete the program, students must choose two out the following three courses: Topics in Not-For-Profit Management, Contemporary Issues in Business Administration, and Strategic Planning and Organizational Change. Through a 12:1 student to teacher ratio, faculty provide real-world business experience with a Christ-centered focus. The comprehensive curriculum will equip students with the confidence, knowledge, and skills needed to take their career to the next level or start their enterprise. Founded in 1947 by the Missionary Church, their focus has been to cultivate leaders through education, personal discovery, and spiritual formation. In 2019, Bethel College became Bethel University where their vision to “equip the whole person for lifelong service,” continues.

Six start dates allow students to begin at any time and pace right for them. Students also have the option to pause the program at any time. Prospective students are required to submit an online application with official transcripts from regionally accredited institutions. Students shall possess a minimum of 2.5 GPA and have taken courses with a “C” grade or better in college-level math, accounting, and economics within the previous five years before entering the MBA program. There are no GMAT or GRE test score requirements. Graduate students enrolled in five credits or more per semester are eligible to receive student loans. Students can expect a supportive environment through program advisors and mentorships as they endeavor in the professional aspirations making BU an outstanding choice.

Acred.: HLC
A.S.: Affordable

#12 Trine University College of Graduate and Professional Studies – Angola, Indiana

Trine University, located in Angola, Indiana, offers an online MBA program through the College of Graduate and Professional Studies that enables students to earn their degree in one year. Classes beginning every eight weeks allows students to adopt the pacing that is right for them. Once accepted, students are supported by career counselors through every step of the program beyond graduation, academic advisors, 24/7 unlimited academic tutors, and expert faculty. Coursework is asynchronously conducted through the online learning platform known as Moodle, where students can connect with classmates and faculty, and locate all course materials. Twenty-one core business courses are included in the 30 total credit hours required for program completion. Executive Communication, Corporate Finance, Managerial Accounting and Finance, Strategic Marketing and Management, Micro and Macro Economic Decision Making, Statistics and Data Analysis, and Business Admin Capstone make up the core. Nine additional credits in electives such as Advanced Auditing, Managerial Accounting, Corporate Taxation, Federal Tax Pass-Through Entities, Financial Modeling, International Finance, Financial Market and Institutions, Investment Analysis and Portfolio Management, Project Management, New Product Development and Innovation Strategy, Lean Six Sigma, and Business Ethics are required. The faculty of TU encompass experience from all over the world through their areas of expertise. Industry leaders with diverse backgrounds enhance course content with real-world experiences and applications.

The online application is free. Students interested are to include an essay detailing future professional endeavors, a plan for succeeding in the program, why they wish to attend graduate school. A current resume and official transcripts from all previously attended institutions must be submitted. A director of admissions will be in contact to help students through the application process. There are no scholarships available, however, students are encouraged to apply for financial aid. There are no placement test requirements, and transfer credits do not expire. Students will earn a Trine University degree regardless of the program format. Commencement occurs each May and is open to all online and on-campus students. Graduate students earning their masters may be invited to participate in a Hooding ceremony where their accomplishments are individually recognized.

Acred.: HLC
A.S.: Affordable

#13 Purdue University Global – Indianapolis, Indiana

Purdue University Global’s online MBA program, located in Indianapolis, Indiana, has been designed by business leaders across the world for working professionals desiring to pursue leadership and management positions. Students can earn an online General MBA by completing 60 credit hours. Adding customizable concentrations in Finance, Health Care Management, Human Resources, Information Technology, Marketing, and Project Management require 76 total credit hours. Six-week course sessions allow students to move through the program quickly. Fifteen courses at four credit hours each make up the business MBA program core. Classes include Business Perspectives, Financial Accounting Principles and Analysis, Business Analytics, Measurement and Decision Making, Strategic Human Resource Management, Economics for Global Decision Makers, Marketing Management, Financial Management, Managing the Value Chain, Ethics in Business and Society, Strategic Management, Leadership Strategies for a Changing World, and Designing, Improving, and Implementing Processes. Also included is the MBA Capstone course. Concentration courses make up the remaining 16 credit hours. Purdue Global offers a unique program known as ExcelTrack permitting students to obtain the same top-notch MBA with less time and expense. Each course equals one-credit for a particular skill. Students will take assessment tests to establish what they already understand and have mastered, enabling them to focus attention on areas they still need to learn. Within the same term, students can take as many one-credit courses as they want for a flat tuition rate. This program works best for highly motivated and disciplined learners with a strong professional background.

To apply, students must fill out an information request form. An Admissions Advisor will contact interested students to conduct an interview. At this point in the process, students will define their professional and educational goals, discuss the programs, and determine a start date. Students are required to submit a resume and unofficial transcripts at this point. Next, students should apply for FAFSA. Students will be informed of acceptance decisions in writing. Students not accepted are under no financial obligation, except for the non-refundable application fee. Purdue Global is dedicated to helping students achieve their career goals, through program flexibility and unique course structure, from anywhere around the world, while balancing their professional and personal lives. Students can trust and expect that these innovative programs will increase their knowledge and skills, translating into an immediate impact in their professional aspirations.

Acred.: ACBSP, HLC
A.S.: Average

#14 Grace College School of Professional & Online Education – Winona Lake, Indiana

Grace College’s School of Professional and Online Education offers an online MBA that can be completed in two years. Classes with curriculum delivered through a Christian perspective are structured into eight-week sessions. Focused on “learning by doing,” coursework equips students with the knowledge and skills needed to become dynamic leaders. Courses include Business Ethics, Managerial Economics, Human Resource Management, Operations Management, Marketing Management, Integrative Application Project 1, Financial Management, International Business, Legal Environment of Business, Entrepreneurship, Business Policy, and Integrative Application Project 2. Both Integrative Application Project courses are 12-weeks in length. The online learning environment encourages a high level of engagement and participation. Through discussion boards, forums, and chats, students can interact with classmates and their instructors. Students will be grouped into cohorts, meaning they will begin and end the program with the same set of classmates. Students can forge lifelong relationships and networking contacts that will enhance and grow their career connections. Founded in 1948, Grace College upholds a long tradition of faith, informing the foundations of academic and professional success. Students graduating from GC will be challenged to grow and develop personally through rigorous academic standards and biblical based curriculum.

To apply, students must possess a bachelor’s degree from an accredited college or university as well as a 2.75 minimum GPA. Students from all undergraduate backgrounds are encouraged to apply; however, additional assessment testing may be required for applicants of nonbusiness studies. Students can get started by filling out an online application and submitting all official transcripts. Applicants will need to contact their references and have them complete reference forms as part of the application process. Students shall submit a current resume, including work and volunteer experiences. Once materials have been received, the Admissions Committee will make their decision. Students may be required to provide additional documents for consideration. Financial assistance is available, and students are encouraged to fill out all related FAFSA forms. Online classes require an extra fee of $150 per online course. Transfer credits are accepted from other accredited institutions. While there is no limit on eligible credit hours that can be transferred, 50% of program classes completed must be offered through Grace College.

Acred.: HLC
A.S.: Average

#15 Purdue University Krannert School of Management – West Lafayette, Indiana

Located in West Lafayette, Indiana, Purdue University offers a highly selective and top choice hybrid Executive MBA through the Krannert School of Management. Beginning in July and lasting 19 months, the program consists of six Modules, each comprised of an online preparation cycle, a one- or two-week residency once a quarter, and an exam period. Five domestic residencies, occurring at Purdue, are made of up class time, guest speakers, networking events, and company visits. The cohort chooses one international residency location. The first two Modules cover core business topics as a cohort. The remaining Modules permit the curriculum to be personalized through Functional and Immersion electives as well as Active Learning Projects. Functional electives are voted on as cohort, at two credit hours each and include topics such as Corporate Governance, Mergers and Acquisitions, Negotiations, and IT and Leadership: Digital Transformation, Social Media, and Big Data. Cohorts are split into smaller groups of 10 to 15 students for workshop-style Immersion electives. Examples of Immersion electives include Game Theory, Crisis Management, Improving Team Performance, Design for Human Instincts, and Coaching and Mentoring.

A 23-step guide will help students navigate the application process. Admissions are competitive. The Krannert School of Management uses a holistic admissions process to review and select applicants. Many factors will be considered for each student, including their goals for entering the program, the duration and quality of work experiences, leadership experience, achievements and training, and peer engagement. In addition to an online application and a non-refundable $60 fee, students will be required to submit a current resume, official transcripts, two professional recommendations, and three essays, including a Statement of Purpose, a Cohort Approach, and a Leadership Philosophy. Application fees are waived for veterans and active-duty military members, Purdue alumni, employees of not-for-profit organizations, and attendees of the EMBA experience. Students will participate in a virtual or in-person interview. Total program expenses of 85K generate an Expensive Affordability per our Methodology. Limited scholarships are awarded through submitted essays. The average amount equals around $7K. A separate $1,5oo non-refundable deposit will be applied toward the tuition payment for Module 1.

Acred.: AACSB, HLC
A.S.: Expensive

Living In Indiana

The 38th-largest state is divided into three main geographical regions. The Great Plains of the North, comprised of many small lakes created by receding glaciers, are separated from the steep hills Southern Plains and Lowlands through the middle of the state by the Till Plains, which are made up of the fertile soil of the Midwestern Corn Belt. Hardwood forests dotting the landscape, constituting 20% of the state’s acreage, are 87% privately owned. Tourists can ‘hear the sand sing’ along the Indiana shore side of Lake Michigan at the Dunes, visit the breathtaking modern architecture of Columbus, or meander the limestones caverns of Marengo and Wyandotte cave systems. Indiana is home to the famed NFL Colt’s and NBA Pacer’s teams as well as the Indianapolis 500 and the largest Children’s Museum in the world. Spend a weekend or a week enjoying “Indiana’s Playground,” also known as Brown Country State Park. 

Indiana is home to 6.6 million Hoosiers. Ranked #3 for affordability, the cost of living is lower than the national average. The median price of a home is $142,600 coming in significantly less than the national median of $231,200. The workers of Indiana have enjoyed a higher percentage of job growth and a lower unemployment rate than both national averages. The median income is $48,737, and future job growth is forecasted at 34.8 percent, exceeding national predictions. Ranked #12 for opportunity and #2 for long term fiscal stability, Indiana is in a favorable position as some of the fastest-growing industries are taking hold in the state. 

Employment In Indiana

Cummins Engine Company, headquartered in Columbus, is the number one employer of the state with over 55,000 employees. The remaining top ten of the largest companies, including Eli Lilly, Purdue University, and the State of Indiana, employ over 250,000. Indian’s GDP is 359 billion annually. 

Aerospace and Aviation, Advanced Manufacturing, Agriculture, Cybersecurity, Defense and National Security, Energy, Technology, Life Science, and Logistics and Transportation are the largest industries in Indiana. Over 34,000 engineers with an average income of $89,000 are employed in the Aerospace and Aviation industries. The Institute for Advanced Composite Manufacturing (IACMI) is a partnership that joins national laboratories, universities, and government entities in the formation of advanced composites. Purdue University Research Park houses one of the five national IACMI centers. Other notable industry leaders in investment, development, and employment are Notre Dame Turbomachinery Lab, Alcoa Aerospace Alloys, GE Aviation Leap Engine Assembly, and Rolls-Royce Aerospace. Advanced Manufacturing brings in the second-largest GDP of the state. Almost 1.5 million vehicles are produced annually, including at Honda, Subaru, and Toyota plants within the state. Over 14.7 million acres of farmland produce corn, tomatoes, soybeans as well as hogs and poultry that provide #31.2 billion to the state’s GDP. Hoosier expertise and leadership have created alliances with industry, military, and government to bolster services and create opportunities in Cybersecurity. Indiana is poised at the center of global growth in Defense and National Security through a tax-friendly climate and innovation. Amazon, who is building a 150-megawatt wind farm, join the list of other companies such as First Solar, Indiana Michigan Power, Indianapolis Power, and Light, as well as Windstream Technologies, who are all leading the Energy industry of Indiana with renewable and energy solutions. The Technology industry of Indiana is booming with over 8,000 companies, including Genesys, Salesforce, and Infosys. Over 55,000 workers are employed by over 1,689 Life Science companies that contribute $78 billion annually to the GDP through biopharmaceutical, medical devices and equipment, and chemicals. As the national leader in pass-through interstates, the Logistics and Transportation industry of Indiana leads the way in reaching domestic and global markets. The state is home to the second-largest worldwide FedEx air hub. 

Business School in Indiana

In the educational landscape of today, students do not need to live in the same city, state, or country where they attend graduate school. Tremendous schedule flexibility and program customizations enable students to be the designers of their destiny. Earning an MBA or professional certificate can open doors, empower career change, impact earning potential, and grow lifelong networking contacts. Multiple schools on this list have been carrying on the rooted traditions of academic excellence in developing the leaders and change-makers of tomorrow over a hundred years. Accomplished faculty, often with terminal degrees and first-hand industry experience, combine theory with real-world examples and application. The private and public institutions in this Best Indiana Online MBA offer highly reputable, topnotch programs that can develop robust leadership and management skills that can take your career to the next level.