2026 Best Value Business Schools in Indiana
Looking for the best-value Business degree programs in Indiana? Our ranking highlights 110 institutions by value — the balance of cost and student outcomes, using our 2026 methodology. Each school below is scored on factors such as tuition, student debt, and post-graduation earnings to surface the strongest return on investment.
To arm you with the information you need, Business Degree Central analyzed 37 schools to produce this 2026 value ranking, drawing primarily on U.S. Department of Education data (IPEDS and College Scorecard). View our full ranking methodology.
Top 25 Best-Value Business Degree Schools in Indiana
Learn more about these high-value schools below:
Leading the list is Ivy Tech Community College, our #1 best-value Business school in Indiana. Ivy Tech Community College is a public school based in Indianapolis, IN. The average in-state cost of tuition and fees is $5,154, while out-of-state students pay about $9,935. Ivy Tech Community College Business students take on a median of $11,889 in debt. A decade after starting, students earn a median of $37,186. That is a strong return on a $11,889 median debt. See the full Ivy Tech Community College profile
You'll get strong value at Indiana University Bloomington, which ranked #2 this year. Set in Bloomington, IN, Indiana University Bloomington is a public institution. In-state tuition and fees run about $12,144, compared with $41,891 for out-of-state students. Graduates carry a median of $20,542 in student loans. Indiana University Bloomington alumni report median earnings of $63,742 a decade after entry. Weighed against typical debt, the earnings make a compelling case for value. Roughly 78% of applicants are accepted. See the full Indiana University Bloomington profile
A rank of #3 makes Purdue University Main Campus one of the best values in Indiana. Purdue University Main Campus is a public school based in West Lafayette, IN. In-state tuition and fees run about $9,992, while out-of-state students pay about $28,794. Purdue University Main Campus Business students take on a median of $19,844 in debt. Median earnings reach $72,424 ten years out. Weighed against typical debt, the earnings make a compelling case for value. Roughly 50% of applicants are accepted. More on Purdue University Main Campus
A rank of #4 makes Indiana Wesleyan University National And Global one of the best values in Indiana. Indiana Wesleyan University National And Global is a private not-for-profit school based in Marion, IN. In-state tuition and fees average $9,648. Typical Business student debt is $32,807. Ten years after enrolling, students earn a median of $59,986. Weighed against typical debt, the earnings make a compelling case for value. See the full Indiana Wesleyan University National And Global profile
Out of the 37 schools in Indiana in this year's value ranking, Indiana University Southeast landed the #5 spot. Set in New Albany, IN, Indiana University Southeast is a public institution. In-state tuition and fees average $8,424, while out-of-state students pay about $22,811. The median Business program debt is $23,981. Indiana University Southeast alumni report median earnings of $47,596 a decade after entry. Set against $23,981 in median debt, that is a healthy payoff. Indiana University Southeast admits about 84% of applicants. Read the full report on Indiana University Southeast
Trine University Fort Wayne Regional Campus landed the #6 spot for value in Indiana this year. Set in Angola, IN, Trine University Fort Wayne Regional Campus is a private not-for-profit institution. In-state tuition and fees average $7,176. The median Business program debt is $24,787. Trine University Fort Wayne Regional Campus alumni report median earnings of $57,165 a decade after entry. Set against $24,787 in median debt, that is a healthy payoff. Trine University Fort Wayne Regional Campus has an acceptance rate of 40%. More on Trine University Fort Wayne Regional Campus
Indiana University South Bend ranked #7 on our 2026 list of the best-value Business schools. Set in South Bend, IN, Indiana University South Bend is a public institution. Students from in state pay about $8,424 in tuition and fees, while out-of-state students pay about $22,811. The median Business program debt is $24,640. Ten years after enrolling, students earn a median of $44,947. Weighed against typical debt, the earnings make a compelling case for value. About 84% of those who apply are admitted. Read the full report on Indiana University South Bend
Indiana University Purdue University Indianapolis came in at #8 in this year's value ranking. Located in Indianapolis, IN, Indiana University Purdue University Indianapolis is a public institution. Students from in state pay about $10,762 in tuition and fees, compared with $34,891 for out-of-state students. The median Business program debt is $23,146. A decade after starting, students earn a median of $55,198. Set against $23,146 in median debt, that is a healthy payoff. Indiana University Purdue University Indianapolis admits about 76% of applicants. More on Indiana University Purdue University Indianapolis
Vincennes University placed #9 among the best-value Business schools in Indiana. Set in Vincennes, IN, Vincennes University is a public institution. Students from in state pay about $7,126 in tuition and fees, with out-of-state students paying around $16,858. Students borrow a median of $14,506 to complete their Business program here. A decade after starting, students earn a median of $41,110. Weighed against typical debt, the earnings make a compelling case for value. See the full Vincennes University profile
Ball State University offered strong value this year, earning the #10 position. Based in Muncie, IN, Ball State University is a public institution. In-state tuition and fees average $11,082, while out-of-state students pay about $29,630. Graduates carry a median of $24,518 in student loans. Ten years after enrolling, students earn a median of $51,833. That is a strong return on a $24,518 median debt. Ball State University admits about 86% of applicants. See the full Ball State University profile
Indiana University Kokomo placed #11 among the best-value Business schools in Indiana. Indiana University Kokomo is a public school based in Kokomo, IN. The average in-state cost of tuition and fees is $8,424, while out-of-state students pay about $22,811. Graduates carry a median of $24,619 in student loans. Indiana University Kokomo alumni report median earnings of $49,917 a decade after entry. Weighed against typical debt, the earnings make a compelling case for value. Roughly 86% of applicants are accepted. Read more about Indiana University Kokomo
Indiana University Purdue University Fort Wayne offered strong value this year, earning the #12 position. Located in Fort Wayne, IN, Indiana University Purdue University Fort Wayne is a public institution. In-state tuition and fees average $9,532, compared with $22,887 for out-of-state students. Graduates carry a median of $24,119 in student loans. Median earnings reach $45,872 ten years out. That is a strong return on a $24,119 median debt. About 84% of those who apply are admitted. Read more about Indiana University Purdue University Fort Wayne
Indiana State University came in at #13 in this year's value ranking. Based in Terre Haute, IN, Indiana State University is a public institution. Expect in-state tuition and fees of around $10,258, with out-of-state students paying around $22,322. Students borrow a median of $25,582 to complete their Business program here. Ten years after enrolling, students earn a median of $48,387. Weighed against typical debt, the earnings make a compelling case for value. The acceptance rate is 81%. Get the full Indiana State University report
Purdue University Northwest ranked #14 on our 2026 list of the best-value Business schools. Located in Hammond, IN, Purdue University Northwest is a public institution. In-state tuition and fees run about $8,357, compared with $15,504 for out-of-state students. Typical Business student debt is $25,083. A decade after starting, students earn a median of $48,318. Weighed against typical debt, the earnings make a compelling case for value. Roughly 72% of applicants are accepted. Read more about Purdue University Northwest
Indiana University Northwest placed #15 among the best-value Business schools in Indiana. Based in Gary, IN, Indiana University Northwest is a public institution. In-state tuition and fees run about $8,424, with out-of-state students paying around $22,811. Typical Business student debt is $26,434. A decade after starting, students earn a median of $43,361. That is a strong return on a $26,434 median debt. The acceptance rate is 73%. Get the full Indiana University Northwest report
University Of Southern Indiana landed the #17 spot for value in Indiana this year. Located in Evansville, IN, University Of Southern Indiana is a public institution. In-state tuition and fees average $10,066, with out-of-state students paying around $22,907. University Of Southern Indiana Business students take on a median of $21,999 in debt. University Of Southern Indiana alumni report median earnings of $47,605 a decade after entry. That is a strong return on a $21,999 median debt. The acceptance rate is 96%. Read more about University Of Southern Indiana
Valparaiso University came in at #18 in this year's value ranking. This private not-for-profit school is set in Valparaiso, IN. The average in-state cost of tuition and fees is $48,450. The median Business program debt is $26,724. A decade after starting, students earn a median of $63,191. Set against $26,724 in median debt, that is a healthy payoff. Roughly 89% of applicants are accepted. Read more about Valparaiso University
Bethel College Mishawaka came in at #19 in this year's value ranking. Based in Mishawaka, IN, Bethel College Mishawaka is a private not-for-profit institution. The average in-state cost of tuition and fees is $34,600. Students borrow a median of $31,824 to complete their Business program here. Ten years after enrolling, students earn a median of $48,860. Weighed against typical debt, the earnings make a compelling case for value. The acceptance rate is 98%. See the full Bethel College Mishawaka profile
Indiana Institute Of Technology offered strong value this year, earning the #20 position. Based in Fort Wayne, IN, Indiana Institute Of Technology is a private not-for-profit institution. Expect in-state tuition and fees of around $31,361. Students borrow a median of $36,380 to complete their Business program here. A decade after starting, students earn a median of $47,327. Weighed against typical debt, the earnings make a compelling case for value. The acceptance rate is 70%. Get the full Indiana Institute Of Technology report
Grace College And Theological Seminary came in at #21 in this year's value ranking. Set in Winona Lake, IN, Grace College And Theological Seminary is a private not-for-profit institution. Students from in state pay about $29,645 in tuition and fees. Grace College And Theological Seminary Business students take on a median of $21,211 in debt. Ten years after enrolling, students earn a median of $45,411. That is a strong return on a $21,211 median debt. About 82% of those who apply are admitted. More on Grace College And Theological Seminary
University Of Saint Francis Fort Wayne came in at #22 in this year's value ranking. Located in Fort Wayne, IN, University Of Saint Francis Fort Wayne is a private not-for-profit institution. Expect in-state tuition and fees of around $36,460. University Of Saint Francis Fort Wayne Business students take on a median of $27,520 in debt. Graduates go on to earn a median of $55,362 ten years after entry. Weighed against typical debt, the earnings make a compelling case for value. Roughly 96% of applicants are accepted. See the full University Of Saint Francis Fort Wayne profile
Huntington University ranked #22 on our 2026 list of the best-value Business schools. Huntington University is a private not-for-profit school based in Huntington, IN. Students from in state pay about $31,870 in tuition and fees. Huntington University Business students take on a median of $28,332 in debt. Huntington University alumni report median earnings of $46,672 a decade after entry. Weighed against typical debt, the earnings make a compelling case for value. Roughly 76% of applicants are accepted. Read the full report on Huntington University
Butler University landed the #24 spot for value in Indiana this year. Butler University is a private not-for-profit school based in Indianapolis, IN. Expect in-state tuition and fees of around $47,560. Students borrow a median of $25,351 to complete their Business program here. Graduates go on to earn a median of $77,235 ten years after entry. Set against $25,351 in median debt, that is a healthy payoff. The acceptance rate is 85%. Get the full Butler University report
Anderson University Indiana landed the #25 spot for value in Indiana this year. Based in Anderson, IN, Anderson University Indiana is a private not-for-profit institution. Expect in-state tuition and fees of around $37,240. Anderson University Indiana Business students take on a median of $27,401 in debt. Anderson University Indiana alumni report median earnings of $48,899 a decade after entry. Weighed against typical debt, the earnings make a compelling case for value. Roughly 79% of applicants are accepted. See the full Anderson University Indiana profile
Oakland City University offered strong value this year, earning the #26 position. Oakland City University is a private not-for-profit school based in Oakland City, IN. In-state tuition and fees average $27,900. Typical Business student debt is $25,266. A decade after starting, students earn a median of $43,283. Weighed against typical debt, the earnings make a compelling case for value. The acceptance rate is 82%. Read the full report on Oakland City University
Rest of the Top 50 Best-Value Business Degree Schools in Indiana
Not far behind, these schools also offered excellent value:
University Of Notre Dame placed #27 among the best-value Business schools in Indiana. Located in Notre Dame, IN, University Of Notre Dame is a private not-for-profit institution. Students from in state pay about $65,025 in tuition and fees. The median Business program debt is $19,891. A decade after starting, students earn a median of $99,980. That is a strong return on a $19,891 median debt. University Of Notre Dame admits about 11% of applicants. More on University Of Notre Dame
Indiana Wesleyan University placed #28 among the best-value Business schools in Indiana. Located in Marion, IN, Indiana Wesleyan University is a private not-for-profit institution. In-state tuition and fees average $32,352. Typical Business student debt is $31,454. Indiana Wesleyan University alumni report median earnings of $59,986 a decade after entry. That is a strong return on a $31,454 median debt. The acceptance rate is 89%. Read more about Indiana Wesleyan University
Saint Mary Of The Woods College landed the #29 spot for value in Indiana this year. Based in Saint Mary of the Woods, IN, Saint Mary Of The Woods College is a private not-for-profit institution. In-state tuition and fees run about $34,240. Typical Business student debt is $28,366. A decade after starting, students earn a median of $43,845. Set against $28,366 in median debt, that is a healthy payoff. Saint Mary Of The Woods College admits about 72% of applicants. Read the full report on Saint Mary Of The Woods College
Taylor University landed the #29 spot for value in Indiana this year. Taylor University is a private not-for-profit school based in Upland, IN. Students from in state pay about $40,490 in tuition and fees. Graduates carry a median of $21,832 in student loans. Taylor University alumni report median earnings of $52,198 a decade after entry. Weighed against typical debt, the earnings make a compelling case for value. Taylor University admits about 74% of applicants. Read more about Taylor University
University Of Evansville came in at #31 in this year's value ranking. Located in Evansville, IN, University Of Evansville is a private not-for-profit institution. In-state tuition and fees run about $44,172. Students borrow a median of $25,234 to complete their Business program here. Graduates go on to earn a median of $53,770 ten years after entry. Weighed against typical debt, the earnings make a compelling case for value. About 78% of those who apply are admitted. Get the full University Of Evansville report
Franklin College ranked #31 on our 2026 list of the best-value Business schools. Located in Franklin, IN, Franklin College is a private not-for-profit institution. Expect in-state tuition and fees of around $38,710. Graduates carry a median of $27,000 in student loans. Franklin College alumni report median earnings of $55,376 a decade after entry. Set against $27,000 in median debt, that is a healthy payoff. Roughly 70% of applicants are accepted. Read the full report on Franklin College
Manchester College offered strong value this year, earning the #33 position. Located in North Manchester, IN, Manchester College is a private not-for-profit institution. The average in-state cost of tuition and fees is $37,135. Students borrow a median of $25,833 to complete their Business program here. Manchester College alumni report median earnings of $51,504 a decade after entry. Set against $25,833 in median debt, that is a healthy payoff. Roughly 71% of applicants are accepted. More on Manchester College
University Of Indianapolis placed #34 among the best-value Business schools in Indiana. This private not-for-profit school is set in Indianapolis, IN. In-state tuition and fees average $37,200. Graduates carry a median of $26,699 in student loans. University Of Indianapolis alumni report median earnings of $53,610 a decade after entry. Weighed against typical debt, the earnings make a compelling case for value. About 66% of those who apply are admitted. Read more about University Of Indianapolis
Marian University Indiana came in at #35 in this year's value ranking. Located in Indianapolis, IN, Marian University Indiana is a private not-for-profit institution. Students from in state pay about $40,664 in tuition and fees. The median Business program debt is $28,633. A decade after starting, students earn a median of $58,759. Set against $28,633 in median debt, that is a healthy payoff. Marian University Indiana admits about 96% of applicants. Get the full Marian University Indiana report
Trine University offered strong value this year, earning the #36 position. Trine University is a private not-for-profit school based in Angola, IN. In-state tuition and fees average $36,560. Graduates carry a median of $25,765 in student loans. Median earnings reach $57,165 ten years out. That is a strong return on a $25,765 median debt. The acceptance rate is 86%. More on Trine University
Calumet College Of Saint Joseph offered strong value this year, earning the #37 position. Set in Whiting, IN, Calumet College Of Saint Joseph is a private not-for-profit institution. In-state tuition and fees average $23,850. Graduates carry a median of $24,428 in student loans. Calumet College Of Saint Joseph alumni report median earnings of $46,945 a decade after entry. Weighed against typical debt, the earnings make a compelling case for value. See the full Calumet College Of Saint Joseph profile
Marian University Ancilla landed the #37 spot for value in Indiana this year. Get the full Marian University Ancilla report
Lil Lou S Beauty And Barber College South Bend came in at #38 in this year's value ranking. Read the full report on Lil Lou S Beauty And Barber College South Bend
Anabaptist Mennonite Biblical Seminary offered strong value this year, earning the #39 position. See the full Anabaptist Mennonite Biblical Seminary profile
Saint Meinrad School Of Theology offered strong value this year, earning the #40 position. Read more about Saint Meinrad School Of Theology
Ross Medical Education Center Granger ranked #41 on our 2026 list of the best-value Business schools. More on Ross Medical Education Center Granger
Purdue University Global came in at #42 in this year's value ranking. Read the full report on Purdue University Global
Tricoci University Of Beauty Culture Lafayette came in at #43 in this year's value ranking. More on Tricoci University Of Beauty Culture Lafayette
Hanover College
Hanover College placed #44 among the best-value Business schools in Indiana. Read the full report on Hanover College
Saint Elizabeth School Of Nursing placed #45 among the best-value Business schools in Indiana. Read more about Saint Elizabeth School Of Nursing
Pjs College Of Cosmetology Clarksville offered strong value this year, earning the #46 position. Get the full Pjs College Of Cosmetology Clarksville report
Stellar Career College Crown Point offered strong value this year, earning the #47 position. See the full Stellar Career College Crown Point profile
Rose Hulman Institute Of Technology landed the #48 spot for value in Indiana this year. More on Rose Hulman Institute Of Technology
Mid America College Of Funeral Service ranked #49 on our 2026 list of the best-value Business schools. Read more about Mid America College Of Funeral Service
Depauw University placed #50 among the best-value Business schools in Indiana. Read more about Depauw University
More Business Value Rankings
Ranking Methodology & Notes
This list is compiled by Business Degree Central (DMS_RANKING_2023), 2026 edition. Schools are scored on the balance of cost (tuition and student debt) against student outcomes (post-graduation earnings) — a measure of return on investment — drawn primarily from the U.S. Department of Education (IPEDS and College Scorecard).
Ranking method: College Best Colleges For Money · Scope: State · 37 schools evaluated. *Averages shown above reflect the top 110 ranked schools only.
References
- Integrated Postsecondary Education Data System (IPEDS) — National Center for Education Statistics, U.S. Department of Education (core institutional data).
- College Scorecard — U.S. Department of Education (graduate earnings and outcomes data).