Online MBA in Indiana
Indiana is home to many top-notch business schools and online MBA programs. To help you quickly find the right choice, we have researched every online MBA in Indiana. You’ll find these programs below, along with other helpful tips and information, such as job outlook, salary data, and more.
Best Online MBA Programs in Indiana
An online MBA program differs from a traditional MBA program in that it uses an online medium to deliver course content to students as opposed to an in-person format in a traditional classroom setting. The purpose of an accredited online MBA degree is to make the process of completing an MBA easier by offering more flexibility. Many students, for various reasons ranging from work to family, cannot attend classes during weekdays, and some can’t attend on weeknights or weekends either. This makes pursuing a traditional MBA difficult.
An online MBA in Indiana helps students gain the freedom to pursue their graduate degree in business from any location. There is minimal interference in their day-to-day schedules. Below is a list of schools that offer Association to Advance Collegiate Schools of Business (AACSB) accredited online MBA programs in Indiana.
(The five online MBA programs in Indiana listed below are in alphabetical order.)
1. Ball State University
Ball State University’s Miller College of Business offers an AACSB-accredited online MBA program in Indiana that is considered one of the best online MBA programs in Indiana. The program is almost identical to its traditional MBA with minimal exceptions, with the same courses offered and taught by the exact same faculty members. In fact, the faculty here rank number one in Indiana, according to a 2013 US News & World Report survey.
All the school’s standard MBA courses are online. Some of the courses are offered in an asynchronous manner, meaning students can attend class and complete weekly assignments at any time that is most convenient. Other course components are available as live webcasts, which require specific sign-on times for optimal collaboration. Working professionals enroll in the program by signing up for two courses per semester and most students complete the program within five or six semesters.
2. Indiana University South Bend
Indiana University South Bend’s Center for Online Education offers an online MBA program accredited by the AACSB. The online program offers the same benefits as the regular MBA program and is the taught by the same faculty.
Working professionals will find the program to be useful and flexible, as students can pursue the coursework at their own speed and comfort as long as submission and completion deadlines are met. The coursework requirements will also include exams, assignments, and projects. Some of the courses for the program are accessible online and other courses are accessible only via a hybrid format.
3. Indiana University Southeast
Indiana University Southeast offers an AACSB-accredited online MBA program that is similar to their traditional MBA program.
The coursework helps students move forward in their careers by teaching them to identify career advancement opportunities and analyzing business alternatives. The online MBA is flexible, affordable, and unique.
Students without an undergraduate degree in business may need to complete additional credit hours of some business foundation courses. To finish these foundation courses and move ahead to the major courses, students will have to score a GPA of 3.0.
4. Indiana University, Bloomington/Indianapolis
Indiana University Bloomington’s Kelley School of Business offers an AACSB accredited online MBA program. The program offers all the key elements of its original MBA program, with additional flexibility.
The program is ideal for driven working students who want to improve their prospects while working. The same faculty members are responsible for the development and teaching of the coursework in both the traditional and the online formats. The topics that are part of the coursework are economics, finance, operations, project management, interest-based electives, marketing, business law and ethics, and information technology.
Students need 51 credit hours to complete the program, 31 of which are for core classes.
5. Valparaiso University
Valparaiso University offers an AACSB accredited online MBA program called MBA Live that accommodates the requirements of busy professionals. The program uses a face-to-face communication approach in reaching out to its students, even though they live in various geographical regions. The latest video and audio tools help create virtual classrooms or communication centers, through which students gain the opportunity to interact with faculty and peers.
Valparaiso utilizes cutting-edge technology to help their expert staff teach and mentor online students. All classes are also recorded for future reference so that students won’t miss any content and can revisit coursework if needed.
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MBA Programs in Indiana
Below is a list of schools that offer traditional MBA programs in Indiana. These MBA programs are all accredited by the AACSB, which supervises the quality of management education for all management schools and institutes. The AACSB accreditation is exclusive, with only 15% of the world’s management schools and institutes being AACSB accredited. You may also enjoy looking at our business schools in Indiana article.
(The 14 Indiana business schools listed below are in alphabetical order.)
1. Ball State University
Ball State University’s Miller School of Business offers an AACSB accredited MBA program. The program focuses on developing skills related to strategic thinking, decision making, knowledge of business trends, and executive communication.
Students need a total of 30 credit hours for the program, 24 for the eight core courses and six for the MBA electives. To enhance the MBA program, the school also offers a choice of five concentrations, including entrepreneurship, finance, health economics, policy, and administration, operations management, and sales management.
2. Butler University
Butler University offers an AACSB accredited MBA program that trains students in the context of real-world business with a focus on people and projects. It is a unique program that blends theory with practical application and courses are taught by experts in the field and business executives who have strong connections with the business community, allowing them to provide students with a first-hand perspective of how business works.
The 30-credit hour program is flexible, with classes in the evenings and on weekends.
Students also have the option of specializing in concentration areas such as entrepreneurship and innovation, finance, international business, leadership, and marketing. Each concentration requires eight additional credit hours.
3. Indiana State University
Indiana State University’s MBA program is AACSB accredited and is overseen by the Scott College of Business. The program provides students with a respected, affordable, and flexible graduate degree in business taught by skilled and experienced faculty members. Students explore relevant topics such as best practices in national and international business in classes taught by skilled and experienced faculty members.
The program is one of the more affordable MBA degrees available in Indiana and one of the nation’s best MBA programs according to the Princeton Review. Students can take the program on a full-time or part-time basis, depending on their schedules.
The coursework for the program takes place in a traditional classroom setting. There are a total of 11 courses requiring 33 total credit hours. The courses focus on five specific study areas, including electives, business tools, experience, global exposure, and integrative seminars.
4. Indiana University Kokomo
Indiana University’s Kokomo School of Business offers an AACSB accredited MBA program. The program provides individualized attention and prepares students for leadership roles in a business-oriented environment.
Students gain several skills through this program, including comprehensive business knowledge, awareness of and sensitivity to ethical issues, advanced skills in leadership, high-level abilities with regard to critical thinking, a thorough understanding of business environments, and enhanced analytical abilities.
Students can expect to interact with faculty and peers from various backgrounds, allowing for a dynamic learning environment. The coursework is completed with a Capstone Consulting Course, allowing students to test their theoretical knowledge in the real word. The program comprises 30 to 54 credit hours, which varies based on the student’s undergraduate degree and fulfillment of foundational business coursework. Students without a business undergraduate degree must complete a first phase of the program, which consists of foundational courses. The second phase of the program focuses on core business subjects for all students.
5. Indiana University Northwest
The School of Business and Economics at Indiana University Northwest offers an MBA program that is AACSB accredited. For this program, students need to complete 30 credit hours of core MBA coursework. Students without an undergraduate degree in business need 45 credit hours to complete the program. Students are also required to have a GPA of 3.0 or higher to be eligible for graduation.
Students must develop a program of study during their first semester and provide it to the director of graduate and undergraduate programs to ensure all degree requirements are met on time Students must complete all degree requirements within a period of six years.
6. Indiana University South Bend
The Judd Leighton School of Business and Economics at Indiana University South Bend offers an AACSB accredited MBA program. The program offered is short and focused, making it ideal for working professionals to complete the program.
The program was ranked 15th best in the Midwest and 68th best in the country by Bloomberg’s Businessweek in 2015. Students enroll in two eight-week sessions every semester, with classes taking place in the evenings on weekdays. The flexible program includes a hybrid of online sessions and in-class sessions.
Full-time students need to complete nine credit hours every semester, while part-time students must complete six credit hours.
7. Indiana University Southeast
The MBA program offered by Indiana University Southeast is AACSB accredited and built for students who are passionate about moving up in their business careers by helping students expand their business knowledge base teaching them to analyze business alternatives.
The IU Southeast program is unique due in part to its low tuition fees, which are supplemented by plenty of financial aid opportunities. In the MBA curriculum, students need to complete a total of 37 credit hours, 31 of which are for required courses and six of which are for electives. Students without a background in business must enroll for foundation courses before they can take the core courses. A GPA of 3.0 or higher is required in the foundation courses to enter into the MBA program.
8. Indiana University-Purdue University, Fort Wayne
The Doermer School of Business at Indiana University and Purdue University offers an AACSB accredited MBA program. The program offers a high-quality learning environment and small class sizes.
There are many unique features of the IU-Purdue program, including experiential learning and executive mentorship. Experiential learning allows students to solve real-world business problems by working on projects provided by the business partners of the institute.
Students take nine credit hours, or three courses per quarter, for the first three consecutive quarters. During the final 10 weeks of the program, students complete six credit hours or two courses. A cumulative GPA of 3.0 or higher is required at all times.
9. Indiana University, Bloomington/Indianapolis
As part of Indiana University Bloomington, the Kelley School of Business offers an AACSB accredited MBA program. The Kelley School offers small class sizes to create better focus and collaboration among students and faculty. The MBA program enjoys a collaborative culture, with students, faculty members, and career coaches coming together to realize a common goal.
The MBA program is completed within four semesters, with each semester focusing on the three core areas: Academics, Leadership Development, and Career Development. The first semester begins with an Integrated Core Session, a 15-week program that imparts a strong foundation of business basics. The coursework is topped off by an Integrative Team Capstone course at the end of the second year.
10. Purdue University
Purdue University’s Krannert School of Management offers an AACSB accredited MBA program that emphasizes professional development, leadership, and career acceleration. The program boasts a stellar faculty, who provide students with personalized guidance and attention.
Students enjoy the unique opportunity of expanding their talents in dynamic classroom settings with an experiential learning approach emphasizing real-world skills. The curriculum comprises a total of eight modules, each of which covers a particular set of topics and subjects. Students may also be a part of the Launching Global Leaders (LGL) initiative as an add-on, which will impart skills essential to becoming a global leader in business.
11. Purdue University Calumet
Purdue University Calumet’s College of Business offers an AACSB accredited MBA program. The program boasts some talented and skilled faculty members and it offers a unique set of specialization areas that are ideal for career growth. In the curriculum, students will learn complex managerial concepts that will help them to become better business decision makers in the future.
The program requires students to complete 39 to 48 credit hours or 13 to 16 courses. Students must complete five elective courses and 11 core courses. Students with undergraduate business degrees or work experience may have to complete fewer credit hours than those without a business education or experience.
12. University of Notre Dame
The University of Notre Dame’s Mendoza School of Business offers an AACSB accredited MBA program. The program boasts rigorous coursework centered on ethics. US News & World Report ranked it in a tie for the country’s 29th best business school. Bloomberg Businessweek ranked the program second in its 2016 survey.
The Mendoza Two-Year MBA comprises four semesters and 64 total credit hours. Each semester contains two flexible seven-week modules. Students can choose electives that interest them and even enroll in experiential learning programs. In addition to the Two-Year MBA program, Notre Dame also offers a One-Year MBA, an Executive MBA, and Dual MBA programs.
13. University of Southern Indiana
The University of Southern Indiana offers an AACSB accredited MBA program that focuses on helping students gain behavioral, technical, and strategic skills they will need to become leaders in their respective fields. The program provides students with a unique learning experience, enabling them to face unique business related issues, such as technological change, globalization, and ethical business practices.
The flexible curriculum requires students to complete a total of 30 credit hours if they had an undergraduate degree in business. Students without an education in business will need to complete additional credit hours. The program lasts two years for full-time students and three years for part-time students with an undergraduate degree in business.
14. Valparaiso University
Valparaiso University offers two AACSB accredited MBA programs, a full-time Daytime Global MBA and a Professional MBA for professionals who need flexibility. Professional MBA students meet one night each week for classes. Two years part-time study will complete the program, though concentrations other than general business might increase the duration.
Both programs offer students the freedom to customize their study plans based on their personal career goals and availability. To graduate, students will need to accumulate a total of 36 credit hours to complete either of the programs, 24 for MBA core classes and 12 credits for electives and the concentrations.
Additional Online MBA Programs in Indiana
Many schools offer online MBA programs in Indiana, but not all programs are accredited by the AACSB. However, just because a program is not accredited does not mean that it can’t be valuable. Below, we provide you with a list of non-accredited business schools and their MBA programs. You may want to consider one of these as an alternative to an accredited MBA.
(The four Indiana business schools listed below are in alphabetical order.)
1. Oakland City University
Oakland City University’s Online MBA is accredited by the International Assembly for Collegiate Business Education (IACBE) and it aims to develop intelligent, professional, and capable professionals in its graduates. Oakland has developed its MBA program to equip students with leadership and managerial strategies such as the importance of adaptability, as well as real-world theories. Topics in the program will include communication skills, best practices, financial policies, domestic policies, and international policies.
The program requires students to complete a total of 36 credit hours, which should be completed in18 months. An online platform adds to the program’s flexibility.
2. Grace College
Grace College offers an IACBE accredited online MBA program. The program helps students understand business administration from a biblical perspective. The first course of the program establishes the biblical foundation and the courses that follow further develop this biblical perspective.
Man’s dominion over God’s creation, including man’s obligation to tend to that creation, is a core principle taught in this program. The purpose of the program is to teach students to incorporate theology into their business practices. The two-year program requires a total of 36 credit hours to graduate.
3. Indiana Wesleyan University
Indiana Wesleyan University offers an virtual MBA program that utilizes high-end technology to create a formal learning environment. The school has been accredited by North Central Association of Colleges and Schools (NCACS) and the Higher Learning Commission (HLC). The technology utilized is based on a gaming perspective and offers virtual world applications such as Second Life. Students must also work together to implement a virtual manufacturing company. Specializations offered through the program include Executive Management and International Business. Students need to take 36 credit hours in 25 months to complete the program.
4. The University of St. Francis
The University of St. Francis offers an online MBA program through its Keith Busse School of Business and Entrepreneurial Leadership Program that is accredited by the Accreditation Council for Business Schools and Programs (ACBSP). The program focuses on transforming students on both a personal and professional level, developing professionals who can deal with challenging business scenarios. The program teaches students to make valuable decisions and to develop their leadership capabilities by learning to apply solutions to real-world problems. Franciscan values and ethics in business are also prioritized in the program.
Students learn skills that enable them to influence businesses while expanding their careers. They gain competencies in areas including accounting, finance, law, quantitative methods, economics, marketing, management, organizational development, and human resource management. Students need to complete a total of 33 core business credit hours to finish the program.
Indiana MBA Salary and Job Outlook
The employment prospects for MBA holders are good in Indiana. The average MBA graduate can earn anywhere from $48,297 – $135,589.1 According to Hoosier Hot 50 Jobs, the General and Operations Manager is the #5 “hot job” for Indiana, with an average salary of $90,540 and an annual growth projection of 11%.2
Many professionals enroll into Indiana MBA programs to build and sustain a stable career. With an MBA, it becomes much easier to transition into an executive role with a higher earning potential. Roles in the executive suite include positions such as chief operations officer (COO), chief financial officer (CFO), and chief executive officer (CEO). The mean wage earned by chief executives in Indiana in 2015 was $149,660, according to the Bureau of Labor Statistics (BLS).3 The national average for chief executives in the same year was $194,350.4
The information technology (IT) services sector offers the highest salary for MBA holders in Indiana, according to Payscale.com, at an average of $89,718 per year.5 Aerospace and defense comes in second at $87,585, and healthcare services offers an annual salary of $87,226.5
An MBA degree holder in the state capital of Indianapolis can earn an average of $52,149 – $140,592, according to Payscale.com.6 Below is a list of typical job titles for MBA holders and the average annual salary associated with each.3
- Administrative Services Manager – $80,310
- Advertising and Promotions Manager – $94,590
- Chief Executive – $149,660
- Financial Analyst – $74,530
- Marketing Manager – $109,480
- Operations Manager – $96,640
- PR and Fundraising Manager – $94,680
- Sales Manager – $115,380
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1. Payscale.com, Average Salary for State: Indiana: payscale.com/research/US/State=Indiana
2. Hoosier Hot 50 Jobs, General and Operations Manager: https://netsolutions.dwd.in.gov/hh50/jobList.aspx
3. Bureau of Labor Statistics, Occupational Employment Statistics, May 2016 State Occupational Employment and Wage Estimates, Indiana: https://www.bls.gov/oes/current/oes_in.htm#11-0000
4. Bureau of Labor Statistics, Occupational Employment Statistics, Occupational Employment and Wages, May 2016, Chief Executives: https://www.bls.gov/oes/current/oes111011.htm
5. Payscale.com, Master of Business Administration (MBA),Average Salary: payscale.com/research/US/Degree=MBA
6. Payscale.com, Average Salary for Location: Indianapolis, Indiana: payscale.com/research/US/Location=Indianapolis