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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.
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.
|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.
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Careers for MBA Grads in Indiana
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.
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.
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.
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.
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 specializations hub.
Indiana's Best Online MBA Programs
Prospective students may compare each online MBA program's offerings with their personal goals. Degrees may hold similar names but present key differences when it comes to program specifics.
To make this process easier, we have compiled a ranking of Indiana's top online MBA degrees. We describe each program's offerings, showing how they compare in key areas.
Every university listed is accredited. This means an independent body has evaluated the school in key areas of competency and verified that the school can offer high-quality degrees. Accrediting bodies for the schools below include:
- Higher Learning Commission (HLC)
- Accreditation Council for Business Schools and Programs (ACBSP)
- International Assembly for Collegiate Business Education (IACBE)
- The Association to Advance Collegiate Schools of Business (AACSB International)
Online MBA Programs in Surrounding States
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