Indiana has 8 ranked online MBAs at AACSB-accredited business schools,
6 at public universities and 2 at private ones.
Every one can be completed fully online, so studying at one does not mean moving to
Indiana; the state matters mainly for price at public schools, and for readers who want a
school they know or a network where they work.
The ranking is the same one used nationally: graduate earnings from College Scorecard against
the tuition each school reports to AACSB. Cards are numbered by position in Indiana, and each
shows the program's national rank. Program summaries come from each school's own online MBA
page, with the date it was read. How the scores work.
The Top 8 Online MBA Programs In Indiana
In Indiana#1
Score70.3
University of Southern Indiana
Online MBARomain College of Business
Online MBA programs in Indiana · Evansville, Indiana · Public · AACSB business and accounting
Students are paired with academic coaches from day one, and the 30-hour degree, delivered asynchronously, can be finished in as few as 12 months.
The 30-hour degree includes 21 hours of core coursework (seven courses), a 3-hour Data-Driven Decision Making course, and 6 hours of concentration coursework chosen by the student. Coursework is 100% online and asynchronous with 24/7 access, the program can be completed in as few as 12 months, and the calendar is built for a quick move from application to start. Courses are taught by the same faculty who teach on campus.
Applicants need a bachelor's degree with a minimum 2.5 cumulative GPA, and GMAT or GRE scores are optional. Academic coaches assigned from the first day give ongoing guidance, individualized feedback and career-focused support. Beyond the general MBA, USI offers online MBA concentrations in Accounting, Artificial Intelligence, Data Analytics, Engineering Management, Healthcare Administration, Human Resources, Marketing, Project Management and Supply Chain Management.
Online study is paired with in-person requirements such as Kelley On Campus, a first-year case competition in Bloomington, plus optional immersions taught by Kelley faculty.
The 54-credit curriculum splits evenly between core courses and electives, and students who concentrate their electives in one area earn a major. Classes meet in an average of two live, 75-minute evening sessions per week; most students take 6 credits per term and typically finish in two years while working full time, though the plan of study can be accelerated or extended.
A test score is not required to apply, although an admissions counselor may discuss during the interview whether submitting one would strengthen the application. Instructors are the same faculty who teach Kelley's in-residence programs, each student has a career coach from the first day, and a dual degree option pairs the MBA with a specialized MS in three years.
Whole-program tuition at Indiana's ranked online MBAs runs from $12,900 to $82,158, with a median of $33,205 , above the $32,265 median for all ranked programs. The 6 public programs have a median of $31,495, the 2 private ones $34,907.
4 public schools in Indiana report a lower price for residents:
Purdue University Fort Wayne: $17,680 for Indiana residents, $35,597 for everyone else.
Ball State University: $19,737 for Indiana residents, $27,393 for everyone else.
Indiana State University: $15,000 for Indiana residents, $18,030 for everyone else.
Purdue University: $54,000 for Indiana residents, $56,000 for everyone else.
Tuition is the whole-program figure each school reports to AACSB. Schools update it on their own schedule and some exclude fees, so it can trail the price on the school's own site: Illinois reports $24,984 to AACSB for the iMBA, and its program page lists $27,288 in total tuition and fees. Use it to compare programs, and confirm the current price with the school.
What Managers Earn In Indiana
There is no federal figure for MBA salaries, but BLS reports pay by occupation, and general and
operations management is the broadest role MBA graduates move into. In Indiana its median is
$108,170, $2,400 above the national
$105,770, 19th highest of the 51 states BLS reports.
The middle of the range is wide: $53,820 at the 10th percentile and $248,610 at the 90th. The state has 47,180 people in the job. Figures are from the May 2025 release.
MBA salaries by occupation covers the other roles.
Common Questions About Studying In Indiana
Is an online MBA worth it?
What can be checked is the price against the earnings. The 8 ranked Indiana programs report a median $33,205 for the whole degree, and their schools' business master's graduates earned a median $94,580 a year after finishing. No federal source reports what the same people would have earned without the degree, so that is a description of the group rather than a return.
Will federal aid pay for an online MBA?
Graduate students file the same FAFSA as undergraduates and the programs here are at accredited institutions, so federal loans are generally available; grants largely are not, since Pell is an undergraduate program. This site does not model aid: the tuition on every card is the published whole-program figure the school reports to AACSB, before any aid.
What is the best online MBA program in Indiana?
On this ranking, University of Southern Indiana, which is 23rd of 286 nationally. Ball State University and Butler University are next in Indiana. The ranking weighs graduate earnings against tuition, so a program with high earnings and a high price can place below a cheaper one.
What is the cheapest online MBA in Indiana?
University of Southern Indiana, which reports $12,900 in whole-program tuition to AACSB.
How many AACSB-accredited online MBA programs are there in Indiana?
8 AACSB-accredited schools in Indiana report a fully online MBA to AACSB. 8 of them are ranked here.
What do managers earn in Indiana?
BLS puts the median for general and operations managers in Indiana at $108,170, $2,400 above the national median of $105,770. That is an occupation figure, not an MBA salary; federal data does not report pay by degree.
Online MBA Programs In Other States
An online MBA does not tie you to the school's state. 73 of the
202 public schools ranked here report a higher out-of-state price for it. These are
the other states with enough ranked programs for a page of their own.
Accreditation, online MBA offerings, concentrations and tuition: AACSB's list of accredited schools, retrieved September 21, 2026. Program details on that list are reported to AACSB by each school.
Graduate earnings and debt: U.S. Department of Education, College Scorecard, field-of-study file (Most-Recent-Cohorts-Field-of-Study_06102026.zip), business master's in CIP 52.01 and 52.02.
Institution identifiers: IPEDS, used to match each AACSB school to its federal records.
