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Highlighting Quality Schools With More Affordable Prices
Today's business students have lots of options to pick from when considering higher education opportunities. With more and more schools offering online options, you could even register for a great program on the other side of the country. On top of that, there are a considerable number of trade schools and bootcamps that offer fast-track entry to many fields.
To help you arm yourself with the information you need to make your decision, Business Degree Central has developed this <nil> ranking.
Our ranking of value is based on the quality of a program as defined in our per sticker price dollar. Specifically, our score for quality is discounted by the published tuition and fees charged by the given college. This gives the cost per unit of quality for each college. The more quality your dollar buys, the better the value.
In our regional and nationwide rankings, out-of-state tution and fees are used in our calculations. For statewide rankings, we use average in-state tuition and fees.
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Top Value Business Bachelor's Degree Schools in Indiana
Learn more about these excellent schools below:
Our analysis found Indiana University - Bloomington to be the best value school for business students who want to pursue a bachelor’s degree in Indiana. Located in Bloomington, Indiana, the large public school awarded 2,200 diplomas to qualifed bachelor’s degree students in 2020-2021.
Out-of-state tuition fees for undergraduate students at IU Bloomington are $38,352 per year. By the time they get their bachelor’s degree, students from this school have racked up an average of $19,912 in student loans.
Depending on your major, you may be able to take online classes at IU Bloomington. During the 2019-2020 year, about 99% of the undergraduates at the school took at least one online course.
In addition to its best value ranking, and one of the reasons why the school is on the list, IU Bloomington is ranked #2 for overall quality in Indiana.
Out of the 33 schools in Indiana that were part of this year’s value ranking, Purdue University - Main Campus landed the # 2 spot on the list. West Lafayette, Indiana is the setting for this large institution of higher learning. The public school handed out bachelor’s degrees to 1,350 students in 2020-2021.
Purdue undergraduate students pay an average of $28,794 in tuition and fees each year. Bachelor’s Degree recipients from this school accumulate an average of $19,133 in student debt by the time they complete their degree.
You may have the opportunity to take online classes at Purdue. In fact, around 89% of the undergraduate population registered for at least one online class in 2019-2020.
In addition to its best value ranking, and one of the reasons why the school is on the list, Purdue is ranked #3 for overall quality in Indiana.
A rank of #3 on this year’s list means Trine University-Regional/Non-Traditional Campuses is a great place for business students working on their bachelor’s degree who want the most bang for their educational buck. Trine University-Regional/Non-Traditional Campuses is a small private not-for-profit school located in Fort Wayne, Indiana that handed out 41 bachelor’s degrees in 2020-2021.
Out-of-state tuition fees for undergraduate students at Trine are $9,576 per year. On average, bachelor’s degree students take out $26,884 in loans while pursuing their degree.
Depending on your major, you may be able to take online classes at Trine. In 2019-2020 about 100% of the undergraduate students at the school chose to take one or more online courses.
Trine did well in our overall quality rankings, too. It placed #5 on our list.
Full Trine University-Regional/Non-Traditional Campuses Report
Out of the 33 schools in Indiana that were part of this year’s value ranking, Indiana Wesleyan University - National & Global landed the # 4 spot on the list. Located in Marion, Indiana, the fairly large private not-for-profit school handed out 542 bachelor’s degree awards in 2020-2021.
IWU undergraduate students pay an average of $9,239 in tuition and fees each year. By the time they get their bachelor’s degree, students from this school have racked up an average of $36,251 in student loans.
Depending on your major, you may be able to take online classes at IWU. In 2019-2020 about 94% of the undergraduate students at the school chose to take one or more online courses.
The excellent bachelor’s degree programs at Indiana University - South Bend helped the school earn the #5 place on this year’s ranking of the best value business schools in Indiana. This small public school is located in South Bend, Indiana, and it awarded 158 bachelor’s degrees in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at Indiana University - South Bend are $20,934 a year. By the time they get their bachelor’s degree, students from this school have racked up an average of $24,961 in student loans.
One thing to take note of is that Indiana University - South Bend does offer online classes in some areas. To give an idea of how popular online courses are at the school, 96% of undergraduates took at least one course online in 2019-2020.
Ball State University ranked #6 on this year’s list. This large public school is located in Muncie, Indiana, and it awarded 924 bachelor’s degrees in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at Ball State are $27,524 a year. On average, bachelor’s degree students take out $23,583 in loans while pursuing their degree.
Ball State does have options available for those who want to take online classes. You will need to check with the school to see if they are available for your specific major. During the 2019-2020 year, about 89% of the undergraduates at the school took at least one online course.
Indiana University - Kokomo landed the #7 spot in the rankings for the best value bachelor’s degree business programs. IU Kokomo is a small public school situated in Kokomo, Indiana. It awarded 105 bachelor’s degrees in 2020-2021.
IU Kokomo undergraduate students pay an average of $20,934 in tuition and fees each year. By the time they get their bachelor’s degree, students from this school have racked up an average of $25,529 in student loans.
One thing to take note of is that IU Kokomo does offer online classes in some areas. Of all the undergraduates enrolled at the school during the 2019-2020 academic year, around 66% took at least some of their classes online.
Indiana University - Purdue University - Indianapolis ranked #8 on this year’s list. Located in Indianapolis, Indiana, the large public school awarded 696 diplomas to qualifed bachelor’s degree students in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at IUPUI are $32,101 a year. On average, bachelor’s degree students take out $25,082 in loans while pursuing their degree.
If you are interested in distance education, be sure to check with the school since IUPUI does offer online classes for certain majors. In fact, around 96% of the undergraduate population registered for at least one online class in 2019-2020.
Indiana State University ranked #9 on this year’s list. Terre Haute, Indiana is the setting for this medium-sized institution of higher learning. The public school handed out bachelor’s degrees to 346 students in 2020-2021.
Out-of-state tuition fees for undergraduate students at Indiana State are $20,862 per year. Bachelor’s Degree recipients from this school accumulate an average of $25,069 in student debt by the time they complete their degree.
Indiana State does have options available for those who want to take online classes. You will need to check with the school to see if they are available for your specific major. In fact, around 68% of the undergraduate population registered for at least one online class in 2019-2020.
Purdue University Fort Wayne ranked #10 on this year’s list. This medium-sized public school is located in Fort Wayne, Indiana, and it awarded 227 bachelor’s degrees in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at PFW are $21,265 a year. Bachelor’s Degree recipients from this school accumulate an average of $25,602 in student debt by the time they complete their degree.
Some students may be able to take online classes at PFW. In fact, around 64% of the undergraduate population registered for at least one online class in 2019-2020.
Purdue University Global came in at #11 in this year’s edition of the ranking. Purdue University Global is a large public school situated in Indianapolis, Indiana. It awarded 1,057 bachelor’s degrees in 2020-2021.
Purdue University Global undergraduate students pay an average of $14,436 in tuition and fees each year. On average, bachelor’s degree students take out $42,448 in loans while pursuing their degree.
Purdue University Global is one of the schools on our list that is primarily online. Each undergraduate student at the school took at least one class online.
Indiana University - Northwest came in at #12 in this year’s edition of the ranking. Indiana University - Northwest is a small public school located in Gary, Indiana that handed out 69 bachelor’s degrees in 2020-2021.
Out-of-state tuition fees for undergraduate students at IU Northwest are $20,934 per year. By the time they get their bachelor’s degree, students from this school have racked up an average of $28,536 in student loans.
Some students may be able to take online classes at IU Northwest. In 2019-2020 about 93% of the undergraduate students at the school chose to take one or more online courses.
Purdue University Northwest did quite well in this year’s ranking of the best value places for business students to get a bachelor’s degree. It came in at #13 on the list. Located in Hammond, Indiana, the medium-sized public school handed out 273 bachelor’s degree awards in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at Purdue Northwest are $14,349 a year. Bachelor’s Degree recipients from this school accumulate an average of $27,454 in student debt by the time they complete their degree.
Some students may be able to take online classes at Purdue Northwest. In fact, around 66% of the undergraduate population registered for at least one online class in 2019-2020.
University of Southern Indiana landed the #14 spot in the rankings for the best value bachelor’s degree business programs. This medium-sized public school is located in Evansville, Indiana, and it awarded 312 bachelor’s degrees in 2020-2021.
USI undergraduate students pay an average of $21,812 in tuition and fees each year. By the time they get their bachelor’s degree, students from this school have racked up an average of $22,165 in student loans.
USI does have options available for those who want to take online classes. You will need to check with the school to see if they are available for your specific major. To give an idea of how popular online courses are at the school, 67% of undergraduates took at least one course online in 2019-2020.
With a ranking of #15, University of Notre Dame did quite well on this year’s best value schools for business students working on their bachelor’s degree. Located in Notre Dame, Indiana, the fairly large private not-for-profit school awarded 841 diplomas to qualifed bachelor’s degree students in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at Notre Dame are $58,843 a year. By the time they get their bachelor’s degree, students from this school have racked up an average of $19,395 in student loans.
Online courses are available at Notre Dame, but you will need to check with the school to see if they are available for your field of interest. During the 2019-2020 year, about 53% of the undergraduates at the school took at least one online course.
Notre Dame not only placed well in our value ranking, but it is also #1 on our list.
Huntington University came in at #16 in this year’s edition of the ranking. Huntington is a private not-for-profit institution located in Huntington, Indiana. The school has a small population, and it awarded 53 bachelor’s degrees in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at Huntington are $28,192 a year. Bachelor’s Degree recipients from this school accumulate an average of $25,860 in student debt by the time they complete their degree.
One thing to take note of is that Huntington does offer online classes in some areas. In 2019-2020 about 28% of the undergraduate students at the school chose to take one or more online courses.
Indiana Wesleyan University did quite well in this year’s ranking of the best value places for business students to get a bachelor’s degree. It came in at #16 on the list. Located in Marion, Indiana, the small private not-for-profit school awarded 116 diplomas to qualifed bachelor’s degree students in 2020-2021.
Out-of-state tuition fees for undergraduate students at IWU are $28,960 per year. By the time they get their bachelor’s degree, students from this school have racked up an average of $33,196 in student loans.
If you are interested in distance education, be sure to check with the school since IWU does offer online classes for certain majors. To give an idea of how popular online courses are at the school, 5% of undergraduates took at least one course online in 2019-2020.
Taylor University did quite well in this year’s ranking of the best value places for business students to get a bachelor’s degree. It came in at #18 on the list. Located in Upland, Indiana, the small private not-for-profit school awarded 101 diplomas to qualifed bachelor’s degree students in 2020-2021.
Out-of-state tuition fees for undergraduate students at Taylor U are $36,570 per year. On average, bachelor’s degree students take out $16,033 in loans while pursuing their degree.
One thing to take note of is that Taylor U does offer online classes in some areas. In 2019-2020 about 24% of the undergraduate students at the school chose to take one or more online courses.
Taylor U also claimed a spot on our list. It’s in the top 20% of all schools in this category.
Butler University came in at #19 in this year’s edition of the ranking. Indianapolis, Indiana is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out bachelor’s degrees to 450 students in 2020-2021.
Butler undergraduate students pay an average of $43,400 in tuition and fees each year. By the time they get their bachelor’s degree, students from this school have racked up an average of $20,345 in student loans.
One thing to take note of is that Butler does offer online classes in some areas. To give an idea of how popular online courses are at the school, 4% of undergraduates took at least one course online in 2019-2020.
Butler not only placed well in our value ranking, but it is also #4 on our list.
With a ranking of #20, Indiana Institute of Technology did quite well on this year’s best value schools for business students working on their bachelor’s degree. Indiana Tech is a private not-for-profit institution located in Fort Wayne, Indiana. The school has a small population, and it awarded 69 bachelor’s degrees in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at Indiana Tech are $28,840 a year. Bachelor’s Degree recipients from this school accumulate an average of $38,802 in student debt by the time they complete their degree.
If you are interested in distance education, be sure to check with the school since Indiana Tech does offer online classes for certain majors. During the 2019-2020 year, about 10% of the undergraduates at the school took at least one online course.
Franklin College landed the #20 spot in the rankings for the best value bachelor’s degree business programs. Franklin College is a very small private not-for-profit school located in Franklin, Indiana that handed out 66 bachelor’s degrees in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at Franklin College of Indiana are $34,966 a year. On average, bachelor’s degree students take out $20,856 in loans while pursuing their degree.
Grace College and Theological Seminary came in at #22 in this year’s edition of the ranking. Located in Winona Lake, Indiana, the small private not-for-profit school handed out 106 bachelor’s degree awards in 2020-2021.
Grace College undergraduate students pay an average of $25,044 in tuition and fees each year. Bachelor’s Degree recipients from this school accumulate an average of $24,679 in student debt by the time they complete their degree.
You may have the opportunity to take online classes at Grace College. To give an idea of how popular online courses are at the school, 39% of undergraduates took at least one course online in 2019-2020.
Saint Mary-of-the-Woods College ranked #23 on this year’s list. Saint Mary-of-the-Woods College is a small private not-for-profit school located in Saint Mary of the Woods, Indiana that handed out 42 bachelor’s degrees in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at SMWC are $30,550 a year. On average, bachelor’s degree students take out $27,590 in loans while pursuing their degree.
Some students may be able to take online classes at SMWC. In 2019-2020 about 56% of the undergraduate students at the school chose to take one or more online courses.
Bethel University - Mishawaka came in at #24 in this year’s edition of the ranking. Bethel University is a private not-for-profit institution located in Mishawaka, Indiana. The school has a small population, and it awarded 49 bachelor’s degrees in 2020-2021.
Bethel University undergraduate students pay an average of $30,830 in tuition and fees each year. Bachelor’s Degree recipients from this school accumulate an average of $31,271 in student debt by the time they complete their degree.
Bethel University does offer online classes for certain degree levels. To give an idea of how popular online courses are at the school, 30% of undergraduates took at least one course online in 2019-2020.
With a ranking of #25, Manchester University did quite well on this year’s best value schools for business students working on their bachelor’s degree. Manchester University is a private not-for-profit institution located in North Manchester, Indiana. The school has a small population, and it awarded 58 bachelor’s degrees in 2020-2021.
The average tuition and fees for an out-of-state undergraduate students at Manchester University are $34,436 a year. Bachelor’s Degree recipients from this school accumulate an average of $24,478 in student debt by the time they complete their degree.
Manchester University does have options available for those who want to take online classes. You will need to check with the school to see if they are available for your specific major. Of all the undergraduates enrolled at the school during the 2019-2020 academic year, around 65% took at least some of their classes online.
More Indiana Rankings
Notes and References
Footnotes
*These averages are for the top 25 schools only.
References
- The Integrated Postsecondary Education Data System (IPEDS) from the National Center for Education Statistics (NCES), a branch of the U.S. Department of Education (DOE) serves as the core of our data about colleges.
- Some other college data, including much of the graduate earnings data, comes from the U.S. Department of Education’s (College Scorecard).
- Information about the national average student loan default rate is from the U.S. Department of Education and refers to data about the 2016 borrower cohort tracking period for which the cohort default rate (CDR) was 10.1%.
More about our data sources and methodologies.
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