Written by Melissa Sartore

In Indiana, institutions offering online programs continue to grow in popularity, with public institutions such as Ball State University and Indiana University topping the list. Online MBA programs in Indiana offer convenient, flexible opportunities for working professionals to earn advanced degrees. Unlike traditional MBAs, learners pursuing online MBAs participate in coursework and complete assignments on a schedule that meets their needs.

Many online MBA programs offer specializations in healthcare, technology, and finance. With just under 7% of Indiana’s workforce holding master’s degrees, professionals who obtain MBAs increase both their career prospects and earning potential alike.

Located in the heart of the country, Indiana provides online MBA programs to individuals in bordering states. Proximity to major metropolitan areas such as Chicago, Louisville, and Cincinnati makes earning an online degree in Indiana an affordable, accessible option.

Top 10 Online MBA Programs in Indiana

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Indiana's Online MBA Programs

When choosing an online MBA program in Indiana, individuals should make sure the curriculum matches their professional and personal goals. Programs may vary in admission requirements, length, and content.

Colleges and universities in Indiana offering online MBAs hold either regional or national accreditation. Individual MBA programs may hold additional accreditation through independent agencies. Choosing an online MBA verified by one of the field’s top three accrediting bodies ensures high academic standards and strong learning outcomes. These agencies are the Association to Advance Collegiate Schools of Business, the Accreditation Council for Business Schools and Programs, and the International Accreditation Council for Business Education.

Rank School Location Cost Toggle Logo Tuition % Receiving Financial Aid Student Population School Type Description
Anderson University
Location Anderson , IN Tuition $$$$$ % Receiving Financial Aid 47 Student Population 2,325 Tuition $20,350 School Type Private

Founded in 1917 as a Bible training school, Anderson University, now a private liberal arts institution, offers learners an online master's of business administration with a focus on practical application. The online MBA is accredited by the Accreditation Council for Business Schools and Programs (ACBSP).

The 37-credit hour, broad-based degree includes optional concentrations in eight different disciplines. Each concentration requires learners to take an additional four credit hours. While most students take two classes at once, the non-cohort program allows students to create flexible schedules while completing their degrees in less than two years. Online classes run synchronously as part of the institution's 15-week semesters.

Prior to beginning this Indiana university online MBA program, students must complete an online introductory class. AU requires graduates to maintain a 3.0 GPA and offers in-depth career services assistance for all students. While the online MBA does not include in-person components, learners can switch to the residential program at any of the campus locations should they desire in-person instruction.

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Ball State University
Location Muncie , IN Tuition $$$$$ % Receiving Financial Aid 59 Student Population 21,196 Tuition $18,300 School Type Public

Originated in the 19th century as a teacher training school, Ball State University in Muncie, Indiana offers more than 300 degrees, including 70 online degrees and certificates. The online master's of business administration, which is accredited by the Association to Advance Collegiate Schools of Business (AACSB), provides students with the ability to create their own schedules and degree specializations.

With an overall focus on decision-making, this Indiana online MBA offers a general track and five concentrations. Students with a degree in business need 30-33 credits to graduate, while those without a business degree need up to 51 credits to graduate. BSU offers start dates in the spring, summer, and fall. Students can choose between part-time or full-time study. Most students take two courses per semester and finish the degree within two years.

With no residency requirements for the online MBA degree, students can complete the program from the comfort of their own homes. While most of the classes run synchronously with scheduled webcasts, some classes run asynchronously, which provides even more flexibility.

Concentrations
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Bethel College - Indiana
Location Mishawaka , IN Tuition $$$$$ % Receiving Financial Aid 76 Student Population 1,719 Tuition $16,020 School Type Private

A Christian institution founded in 1947 in Mishawaka, Bethel College offers an online master's of business administration for students seeking an advanced business degree with a leadership emphasis. The 36-credit degree program provides flexibility and allows students to organize their courses around their schedules.

Online students at Bethel can choose from six start dates. With sessions running for seven weeks and multiple courses offered each session, learners can complete their entire degree in less than two years. Though most courses run asynchronously, some courses do require scheduled class times.

For admission into this Indiana university online MBA, learners need a 2.5 GPA from a bachelor's degree program and two years' work experience. Some students may also need to complete an undergraduate prerequisite course in accounting. Students may transfer in up to nine credits. In addition to career services, online students have access to academic coaching resources and tutoring services.

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Grace College & Theological Seminary
Location Winona Lake , IN Tuition $$$$$ % Receiving Financial Aid 57 Student Population 2,303 Tuition $21,168 School Type Private

Established in 1948, the Grace College & Theological Seminary in Winona Lake offers an online master's of business administration that allows students to develop an advanced understanding of business from a biblical perspective. The 36-credit program offers start dates every fall and winter. The program groups students into cohorts and provides the opportunity for collaborative online learning experiences.

This Indiana university online MBA provides both synchronous and asynchronous classes for online students. Most classes feature eight-week sessions, though some require up to 12 weeks to complete. While enrolled in the program, online learners have access to the digital library, career services, and student success center.

For admission, students need an undergraduate degree with a 2.75 GPA. Although the college prefers a business degree, it is not mandatory. Applicants with an undergraduate degree in another field may be required to complete additional assessments and/or prerequisites.

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Indiana Institute of Technology
Location Fort Wayne , IN Tuition $$$$$ % Receiving Financial Aid 85 Student Population 7,542 Tuition $21,210 School Type Private

Based in Fort Wayne, the Indiana Institute of Technology offers students an online master's of business administration with a concentration in accounting. The 42-credit curriculum includes a six-credit capstone and the Becker Certified Public Accountant (CPA) Review, satisfying the prerequisites for the CPA exam.

This Indiana online MBA program provides learners with advanced understanding of government, nonprofit accounting, and fraud examination. The curriculum features accelerated classes, which typically span six- or eight-week sessions. The program offers eight start dates throughout the year.

Applicants must possess two years of work experience and a bachelor's degree with a 2.5 GPA. Additionally, applicants must hold 24 undergraduate credits in accounting and 24 credits in business. These credits should include courses in the principles of management, marketing, and finance.

Concentrations
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University of Southern Indiana
Location Evansville , IN Tuition $$$$$ % Receiving Financial Aid 53 Student Population 10,671 Tuition $12,900 School Type Public

In addition to the many degree programs held on the 1,400-acre Evansville campus, the University of Southern Indiana hosts online options, including the master's of business administration. With five concentrations available in the areas of accounting, human resources, data analytics, engineering management, and healthcare administration, students can create a degree tailored to their career interests.

The 30-credit degree offers six start dates throughout the year and can be completed in less than one year. The accelerated classes run asynchronously. This Indiana university online MBA does not feature any residency components. Students may transfer up to 12 credits from another graduate degree program.

Applicants must possess a bachelor's degree with a 2.5 GPA, plus a score of 500 or higher on the GMAT. Students receive online educational, career, and financial support. The online MBA program is accredited by the Association to Advance Collegiate Schools of Business (AACSB).

Concentrations
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Indiana University - Bloomington
Location Bloomington , IN Tuition $$$$$ % Receiving Financial Aid 32 Student Population 48,514 Tuition $69,360 School Type Public

A nearly 200-year-old college in Bloomington, Indiana University offers over 120 online degrees. The online master's of business administration provides students with core courses in operations, finance, marketing, and business law. Of the 51 credits required to complete the degree, 12 credits are electives, enabling students to add specializations to their MBA.

This Indiana university online MBA features start dates in winter and spring. Though classes are held in real-time, most sessions are recorded and students can access them asynchronously. The institution offers both part-time and full-time study options, and students can complete the program in 2-4 years. Learners may transfer up to eight credits, allowing them to finish even faster.

Residency requirements for the program include two seven-day visits to the flagship campus in Bloomington. During the first residency, students learn team-building, problem-solving, and professional development. The second year's residency week presents a more global focus.

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Indiana Wesleyan University
Location Marion , IN Tuition $$$$$ % Receiving Financial Aid 70 Student Population 14,730 Tuition $23,604 School Type Private

Indiana Wesleyan University began offering degree programs from its residential campus in Marion in 1920. Sixty-five years later, the institution began offering innovative education programs, allowing students to study in different formats. Today, the school offers more than 90 online degrees, including an online master's of business administration.

This 42-credit degree focuses on critical analysis and complex problem-solving. In addition to the general program, this Indiana university online MBA degree offers concentrations in healthcare administration, financial planning, project management, and school administration. Students move through courses as part of a cohort. The accelerated classes allow students to complete the entire degree in 18-26 months.

IWU accepts up to six transfer credits. Applicants must possess a bachelor's degree with a 2.5 GPA in order to be admitted. To graduate, students must complete the program with a 3.0 GPA in all courses, including the three-credit capstone project.

Concentrations
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Oakland City University
Location Oakland City , IN Tuition $$$$$ % Receiving Financial Aid 14 Student Population 1,450 Tuition $15,840 School Type Private

Founded in 1885, Oakland City University offers a variety of online degrees, including the master's of business administration. In addition to the general online MBA degree, the 33-credit hour program features an optional healthcare specialization. Each class runs for five weeks. In total, students can complete the program in less than 18 months. Courses follow an asynchronous format. Online students have access to student services, career resources, and academic support.

OCU boasts one of the more hospitable transfer policies among online MBA programs Indiana, accepting up to 33% of required credits. For successful admission, applicants must have two years of leadership experience and a bachelor's degree with a 2.5 GPA. To graduate, students must maintain a 2.7 GPA.

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University of Saint Francis - Fort Wayne
Location Fort Wayne , IN Tuition $$$$$ % Receiving Financial Aid 78 Student Population 2,240 Tuition $17,100 School Type Private

Founded in 1890 in Fort Wayne, the University of Saint Francis maintains a virtual campus for students around the world. The online master's of business administration, a program accredited by the Association of Collegiate Business Schools and Programs (ACBSP), provides graduates with an advanced understanding of complex business principles.

The 36-credit degree can be completed in less than one year if students take two classes during each eight-week session. Part-time students taking one class each session can complete the degree in less than 24 months. With six start dates each year and asynchronous classes, students enjoy a flexible schedule.

USF accepts up to 15 credits from other institutions and up to 18 credits from USF graduates. To graduate, students must complete all degree requirements with a 3.0 GPA. Distance learners can access online tutoring.

Concentrations
  • Sustainability
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Goshen College
Location Goshen , IN Tuition $$$$$ % Receiving Financial Aid 60 Student Population 870 Tuition $27,324 School Type Private

Goshen College's 36-credit online master's of business administration promotes and fosters leadership skills and global citizenry. Students may specialize in one of three concentrations: accounting and financial management, leadership, and sustainability management. Learners can also create their own concentrations.

The cohort-based program begins every fall. The curriculum features a four-day residency on the Goshen campus and a one-week residency in Costa Rica. Each class runs for six weeks and incorporates both synchronous and asynchronous study. Once enrolled, students can complete this Indiana university online MBA degree in 22 months to four years. Applicants must have a bachelor's degree and strong written and computer skills. The program accepts up to six transfer credits from another master's degree.

Concentrations
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Huntington University
Location Huntington , IN Tuition $$$$$ % Receiving Financial Aid 73 Student Population 1,295 Tuition $21,780 School Type Private

Chartered in 1897, Huntington University offers more than 70 programs, including an online master's of business administration. The project-based program prepares graduates for the real world by giving them practical experience and applicable skills. Students can complete the entire degree in less than two years. Learners also benefit from the school's career services and post-graduate preparation.

The 36-credit program includes a 10-12 day global business study tour of Europe, which is included in the Indiana university online MBA cost of tuition. This is the only residency requirement in the program. The majority of online classes run asynchronously to allow for schedule flexibility. Applicants should possess a 3.0 GPA. Huntington University accepts up to six transfer credits, as long as each credit carries a 2.67 GPA.

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Trine University
Location Angola , IN Tuition $$$$$ % Receiving Financial Aid 59 Student Population 3,712 Tuition $15,965 School Type Private

Established over 130 years ago in Angola, Indiana, Trine University offers an online master's of business administration. Focusing on advanced business concepts and finance, this online master's degree gives students skills in negotiation, marketing, communication, and corporate strategy. Many of the courses offer a global perspective, allowing students more career opportunities after graduation.

The 30-credit Indiana university online MBA offers a blend of asynchronous and synchronous online classes. Online students receive access to the school's online library, academic success center, and specialized career counseling from the career services department. Though there are no residency requirements, students can turn the degree into a hybrid program by enrolling in on-campus classes. While the admissions department prefers a bachelor's degree in business, it is not mandatory for admission. Students with a degree in another field may be required to take prerequisite courses.

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How to Choose a Quality MBA Program

Careers and Salaries for MBA Graduates in Indiana

The healthcare, education, agriculture, technology, and supply chain management industries drive Indiana’s economy and offer unique job opportunities for MBA-holders. Most of the state’s top hiring organizations are located in Indianapolis, Fort Wayne, and Evansville. These population hubs provide access to common amenities such as airports, schools, housing, and major employers.

Certain professionals enjoy high demand across the state. These include statisticians, web developers, biomedical engineers, operations research analysts, and physical therapist assistants. Organizations hiring for these positions must deliver products and services efficiently and make strategic moves to remain competitive. Online MBA programs develop versatile critical thinking and decision-making skills, making graduates valuable employees in almost every industry, including those mentioned above.

Economic projections show a 2-3% increase in Indiana’s GDP over the next few years, as industries like agriculture and manufacturing continue to drive the state's economy. Some experts expect significant growth for the pharmaceutical industry. Indiana’s reliance on low-wage manufacturing jobs may limit residents’ career growth, but growing companies and new industries offer more opportunities with higher earning potential.

Indiana's Top 3 Largest Employers
Company Location Main Industry Number of Employees
Purdue University West Lafayette West Lafayette Colleges and Universities 15,304
IU Health University Hospital Indianapolis Healthcare 13,479
Parkview Birthing Center Fort Wayne Healthcare 10,000
Source: Career One Stop

Indiana’s top three employers are healthcare and education organizations. These businesses comprise many departments, including administration, information technology, and marketing. Most MBA graduates do not pursue nursing careers, but the degree may help them secure roles such as hospital administrators or technology directors. In general, MBA-holders enjoy a competitive advantage in the job market and qualify for high-level positions with increased earning potential.

Careers for MBA Grads in Indiana

Financial Manager

Financial managers in Indiana earn an annual mean wage of just under $119,000. Financial managers ensure the financial success of an organization, planning and directing investments to meet short- and long-term goals.

These professionals may work in government, healthcare, and business settings. They prepare reports and supervise financial analysts while working closely with fellow managers and administrators. Financial managers review budgets, financial statements, and related materials as they forecast an organization’s financial future. Financial managers may specialize in credit or cash, focus on risk and probability, or oversee accounting and audit procedures.

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Supply Chain Manager

Supply chain managers, also called logisticians, coordinate the movement of a company’s products. They analyze the processes by which materials move from supplier to consumer, overseeing acquisition, allocation, and delivery. Supply chain managers direct people and materials alike, ensuring efficient and cost-effective movement.

In 2018, major supply chain management employers Toyota Motor Manufacturing Indiana and Conexus Indiana supported efforts to increase degree offerings in the state. Logisticians in Indiana earn an annual mean wage of nearly $71,000. Chicago, which neighbors Indiana, offers higher salaries for supply chain managers, paying 8% above the national mean.

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Healthcare Administrator

Healthcare administrators, also called medical and health services managers, oversee the business activities of a healthcare entity. Healthcare administrators ensure compliance with legal and regulatory standards. They also supervise and train staff, manage budgets, and improve efficiency and efficacy.

Positions within the healthcare industry in Indiana sit atop the list of growing occupations in the state. Healthcare administrators in Indiana earn an annual mean wage exceeding $101,000, well above the national mean. Healthcare administrators may work in nursing homes, hospitals, or private clinical settings, with the top-paying industries for medical and health service managers found in medical manufacturing and scientific research.

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Postsecondary Teacher

Online MBA graduates can teach at community or technical colleges in subjects such as finance, accounting, and business strategy. Postsecondary teachers interact with students and colleagues alike, developing curricula and assignments to improve overall knowledge and skills. Postsecondary teachers give lectures and lessons, grade assignments and exams, and advise learners about courses and career goals.

Indiana employs 2,700 postsecondary business teachers, who experience the highest levels of employment at colleges, universities, and professional schools. Postsecondary teachers also enjoy opportunities to teach at junior colleges, business schools, or technical and vocational programs.

Director of Technology

Technology directors may be called computer and information systems managers, network and computer systems administrators, or even chief technology officers, depending on the business or organization. As senior technology professionals, these directors establish and implement plans for the use of technology while maintaining security and safety.

Technology directors oversee other information technology professionals and work with fellow managers and administrators to determine business, communication, and data requirements for information technology systems. Technology directors handle financial aspects related to information technology, upgrades and maintenance, and the implementation of policies and regulations as appropriate.

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MBA Concentrations for Indiana Students

A general MBA curriculum provides core leadership, communication, and critical thinking skills, but MBA programs often offer concentrations in specific fields. With healthcare topping the list of employers in Indiana, students earning MBAs benefit greatly from specializations in healthcare management, accounting, and information systems.

Additional concentrations include marketing, information technology, and international business. Self-starters benefit from MBA programs emphasizing entrepreneurship and consulting, while professionals in government service, hospitality, or the sports industry also enjoy opportunities to advance their careers with specialized MBAs. To learn more about MBA options, check out the MBA concentrations hub.

Online MBA Programs in Surrounding States

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