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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.
Featured schools near , edit
Top Value Business Master's Degree Schools in Indiana
Learn more about these excellent schools below:
Our rankings named Purdue University - Main Campus the best value school in Indiana for business students working on their master’s degree. West Lafayette, Indiana is the setting for this large institution of higher learning. The public school handed out master’s degrees to 335 students in 2020-2021.
The average tuition and fees for an out-of-state graduate students at Purdue are $28,794 a year.
Purdue does offer online graduate classes for certain degree levels. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 60% took at least some of their classes online.
Purdue did well in our overall quality rankings, too. It placed #4 on our list.
You’ll join some of the best and brightest minds around you if you attend Indiana University - Bloomington. The school came in at #2 on this year’s list. Located in Bloomington, Indiana, the large public school awarded 1,058 diplomas to qualifed master’s degree students in 2020-2021.
IU Bloomington graduate students pay an average of $33,352 in tuition and fees each year.
You may have the opportunity to take online graduate classes at IU Bloomington. In 2019-2020 about 74% of the graduate students at the school chose to take one or more online courses.
IU Bloomington not only placed well in our value ranking, but it is also #2 on our list.
You’ll be in good company if you decide to attend Purdue University Fort Wayne. It ranked #3 on our list. Located in Fort Wayne, Indiana, the medium-sized public school awarded 74 diplomas to qualifed master’s degree students in 2020-2021.
PFW graduate students pay an average of $14,830 in tuition and fees each year.
Some students may be able to take online graduate classes at PFW. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 64% took at least some of their classes online.
You’ll join some of the best and brightest minds around you if you attend Trine University-Regional/Non-Traditional Campuses. The school came in at #4 on this year’s list. Fort Wayne, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out master’s degrees to 131 students in 2020-2021.
Trine graduate students pay an average of $10,350 in tuition and fees each year.
Since the graduate programs at Trine are primarily online, it is a great choice for returning adults and students who work full time.
Trine also took the #5 spot in our rankings.
Full Trine University-Regional/Non-Traditional Campuses Report
Out of the 30 schools in Indiana that were part of this year’s value ranking, Purdue University Northwest landed the # 5 spot on the list. Purdue Northwest is a public institution located in Hammond, Indiana. The school has a medium-sized population, and it awarded 73 master’s degrees in 2020-2021.
Purdue Northwest graduate students pay an average of $11,356 in tuition and fees each year.
Purdue Northwest does have options available for those who want to take online graduate 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 54% of the graduate students at the school took at least one online course.
Indiana University - Purdue University - Indianapolis ranked #6 on this year’s list. Located in Indianapolis, Indiana, the large public school awarded 218 diplomas to qualifed master’s degree students in 2020-2021.
The average tuition and fees for an out-of-state graduate students at IUPUI are $26,529 a year.
Some students may be able to take online graduate classes at IUPUI. During the 2019-2020 year, about 71% of the graduate students at the school took at least one online course.
As a testament to the quality of education it offers, IUPUI also is in the top 20% of our ranking.
Full Indiana University - Purdue University - Indianapolis Report
Indiana University - Southeast came in at #7 in this year’s edition of the ranking. Indiana University - Southeast is located in New Albany, Indiana and has a small student population. In 2020-2021, this school awarded 59 master’s degrees to qualified students.
Out-of-state tuition fees for graduate students at Indiana University - Southeast are $18,592 per year.
If you are interested in distance education, be sure to check with the school since Indiana University - Southeast does offer online graduate classes for certain majors. To give an idea of how popular online courses are at the school, 88% of graduates took at least one course online in 2019-2020.
Butler University ranked #8 on this year’s list. Butler is located in Indianapolis, Indiana and has a medium-sized student population. In 2020-2021, this school awarded 92 master’s degrees to qualified students.
Butler graduate students pay an average of $14,785 in tuition and fees each year.
Butler does have options available for those who want to take online graduate classes. You will need to check with the school to see if they are available for your specific major. In fact, around 24% of the graduate 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, Butler is ranked #3 for overall quality in Indiana.
Indiana University - Kokomo did quite well in this year’s ranking of the best value places for business students to get a master’s degree. It came in at #9 on the list. Kokomo, Indiana is the setting for this small institution of higher learning. The public school handed out master’s degrees to 40 students in 2020-2021.
Out-of-state tuition fees for graduate students at IU Kokomo are $18,592 per year.
One thing to take note of is that IU Kokomo does offer online graduate classes in some areas. To give an idea of how popular online courses are at the school, 44% of graduates took at least one course online in 2019-2020.
With a ranking of #10, Grace College and Theological Seminary did quite well on this year’s best value schools for business students working on their master’s degree. Grace College is a small private not-for-profit school situated in Winona Lake, Indiana. It awarded 76 master’s degrees in 2020-2021.
Out-of-state tuition fees for graduate students at Grace College are $8,054 per year.
Grace College does have options available for those who want to take online graduate classes. You will need to check with the school to see if they are available for your specific major. In fact, around 81% of the graduate population registered for at least one online class in 2019-2020.
With a ranking of #11, Bethel University - Mishawaka did quite well on this year’s best value schools for business students working on their master’s degree. Located in Mishawaka, Indiana, the small private not-for-profit school handed out 47 master’s degree awards in 2020-2021.
The average tuition and fees for an out-of-state graduate students at Bethel University are $7,880 a year.
Depending on your major, you may be able to take online graduate classes at Bethel University. During the 2019-2020 year, about 89% of the graduate students at the school took at least one online course.
Ball State University came in at #12 in this year’s edition of the ranking. Located in Muncie, Indiana, the large public school awarded 119 diplomas to qualifed master’s degree students in 2020-2021.
The average tuition and fees for an out-of-state graduate students at Ball State are $26,600 a year.
Some students may be able to take online graduate classes at Ball State. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 91% took at least some of their classes online.
Indiana University - South Bend ranked #13 on this year’s list. Indiana University - South Bend is a small public school located in South Bend, Indiana that handed out 20 master’s degrees in 2020-2021.
The average tuition and fees for an out-of-state graduate students at Indiana University - South Bend are $18,592 a year.
If you are interested in distance education, be sure to check with the school since Indiana University - South Bend does offer online graduate classes for certain majors. Of all the graduate students enrolled at the school during the 2019-2020 academic year, around 84% took at least some of their classes online.
Indiana University - Northwest ranked #14 on this year’s list. Located in Gary, Indiana, the small public school awarded 25 diplomas to qualifed master’s degree students in 2020-2021.
Out-of-state tuition fees for graduate students at IU Northwest are $18,592 per year.
Online graduate courses are available at IU Northwest, 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 73% of the graduate students at the school took at least one online course.
Indiana State University came in at #15 in this year’s edition of the ranking. Located in Terre Haute, Indiana, the medium-sized public school handed out 54 master’s degree awards in 2020-2021.
Indiana State graduate students pay an average of $15,562 in tuition and fees each year.
Some students may be able to take online graduate classes at Indiana State. In 2019-2020 about 71% of the graduate students at the school chose to take one or more online courses.
Indiana Wesleyan University - National & Global came in at #16 in this year’s edition of the ranking. Indiana Wesleyan University - National & Global is a fairly large private not-for-profit school located in Marion, Indiana that handed out 547 master’s degrees in 2020-2021.
The average tuition and fees for an out-of-state graduate students at IWU are $10,440 a year.
IWU does offer online graduate classes for certain degree levels. To give an idea of how popular online courses are at the school, 90% of graduates took at least one course online in 2019-2020.
University of Southern Indiana did quite well in this year’s ranking of the best value places for business students to get a master’s degree. It came in at #17 on the list. USI is located in Evansville, Indiana and has a medium-sized student population. In 2020-2021, this school awarded 515 master’s degrees to qualified students.
The average tuition and fees for an out-of-state graduate students at USI are $19,815 a year.
USI does offer online graduate classes for certain degree levels. In 2019-2020 about 96% of the graduate students at the school chose to take one or more online courses.
With a ranking of #18, Huntington University did quite well on this year’s best value schools for business students working on their master’s degree. Huntington is a private not-for-profit institution located in Huntington, Indiana. The school has a small population, and it awarded 15 master’s degrees in 2020-2021.
Out-of-state tuition fees for graduate students at Huntington are $11,856 per year.
If you are interested in distance education, be sure to check with the school since Huntington does offer online graduate classes for certain majors. In fact, around 41% of the graduate population registered for at least one online class in 2019-2020.
Valparaiso University ranked #19 on this year’s list. Located in Valparaiso, Indiana, the small private not-for-profit school handed out 40 master’s degree awards in 2020-2021.
Valpo graduate students pay an average of $12,220 in tuition and fees each year.
Depending on your major, you may be able to take online graduate classes at Valpo. In 2019-2020 about 61% of the graduate students at the school chose to take one or more online courses.
Oakland City University did quite well in this year’s ranking of the best value places for business students to get a master’s degree. It came in at #20 on the list. Located in Oakland City, Indiana, the very small private not-for-profit school awarded 25 diplomas to qualifed master’s degree students in 2020-2021.
The average tuition and fees for an out-of-state graduate students at Oakland City are $9,000 a year.
Oakland City does have options available for those who want to take online graduate classes. You will need to check with the school to see if they are available for your specific major. In fact, around 48% of the graduate population registered for at least one online class in 2019-2020.
University of Saint Francis - Fort Wayne did quite well in this year’s ranking of the best value places for business students to get a master’s degree. It came in at #21 on the list. This small private not-for-profit school is located in Fort Wayne, Indiana, and it awarded 60 master’s degrees in 2020-2021.
University of St. Francis Fort Wayne graduate students pay an average of $12,418 in tuition and fees each year.
If you are interested in distance education, be sure to check with the school since University of St. Francis Fort Wayne does offer online graduate classes for certain majors. In fact, around 70% of the graduate population registered for at least one online class in 2019-2020.
Read full report on University of Saint Francis - Fort Wayne
Anderson University Indiana came in at #22 in this year’s edition of the ranking. Anderson, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out master’s degrees to 52 students in 2020-2021.
Out-of-state tuition fees for graduate students at Anderson University Indiana are $11,503 per year.
One thing to take note of is that Anderson University Indiana does offer online graduate classes in some areas. In 2019-2020 about 70% of the graduate students at the school chose to take one or more online courses.
Indiana Institute of Technology came in at #23 in this year’s edition of the ranking. Indiana Tech is a private not-for-profit institution located in Fort Wayne, Indiana. The school has a small population, and it awarded 145 master’s degrees in 2020-2021.
Out-of-state tuition fees for graduate students at Indiana Tech are $10,026 per year.
Since the graduate programs at Indiana Tech are primarily online, it is a great choice for returning adults and students who work full time.
With a ranking of #24, Purdue University Global did quite well on this year’s best value schools for business students working on their master’s degree. Purdue University Global is a large public school located in Indianapolis, Indiana that handed out 717 master’s degrees in 2020-2021.
Out-of-state tuition fees for graduate students at Purdue University Global are $10,582 per year.
Since the graduate programs at Purdue University Global are online, the school is an excellent choice for graduate students who need more flexibility than what is offered at some other schools.
University of Evansville ranked #25 on this year’s list. Located in Evansville, Indiana, the small private not-for-profit school awarded 21 diplomas to qualifed master’s degree students in 2020-2021.
The average tuition and fees for an out-of-state graduate students at UE are $15,601 a year.
Some students may be able to take online graduate classes at UE. In fact, around 10% of the graduate population registered for at least one online class in 2019-2020.
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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