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2022 Best Value Master’s Degree Colleges for Business Administration & Management in Indiana (With Aid)

23 Ranked Colleges
2,403 Degrees Awarded
$17,500 Avg Grad Tuition & Fees*
Best Value Business Administration Schools for a Master's in Indiana For Those Getting Aid

When it comes to choosing a college, students have a lot of options - but not all of them are good. College Factual was founded, in part, to help students make the decision as to what would be the best school for them. Our “Best Value Business Administration Schools for a Master’s in Indiana For Those Getting Aid” ranking is part of that endeavor.

In 2019-2020, 404,734 business administration and management students received their degree, making the major the 2nd most popular in the country. In 2017-2018, business administration and management graduates who were awarded their degree in 2015-2017, earned an average of $46,740 and had an average of $29,113 in loans still to pay off.

Across Indiana, there were 9,549 business administration and management graduates with average earnings and debt of $49,669 and $30,005 respectively. At the master’s degree level specifically, there were 2,403 business administration and management graduates with average earnings and debt of $55,737 and $39,894 respectively.

This year’s “Best Value Business Administration Schools for a Master’s in Indiana For Those Getting Aid” ranking analyzed 23 colleges that offered a degree in business administration and management. The schools that top this list are recognized because they have great business administration and management programs and cost less that schools of similar quality.

When determining these rankings, we looked at things such as overall quality of the business administration and management program at the school and the cost to attend the school once aid has been awarded. For more information, check out our ranking methodology.

One Size Does Not Fit All

When choosing the right school for you, it’s important to arm yourself with all the facts you can. To that end, we’ve created a number of major-specific rankings, including this “Best Value Business Administration Schools for a Master’s in Indiana For Those Getting Aid” list to help you make the college decision.

We’ve created a tool called College Combat that lets you create your own customized comparisons based on the factors that matter the most to you. We encourage you to try it out and pit your favorite colleges and universities head to head! If you don’t have time right now, you can bookmark it for later.

Best Value Business Administration Schools for a Master’s in Indiana For Those Getting Aid

The colleges and universities below are the best for indiana master’s degree business administration students with aid.

Top 23 Best Value Master’s Degree Colleges for Business Administration & Management in Indiana (With Aid)

#1

Purdue University - Main Campus

West Lafayette, Indiana

Out of the 23 schools in the Best Value Business Administration Schools for a Master’s in Indiana For Those Getting Aid that were part of this year’s ranking, Purdue University - Main Campus landed the #1 spot on the list. Purdue is a large public school situated in West Lafayette, Indiana. It awarded 152 masters’s business administration degrees in 2019-2020.

Purdue also made our “Best Business Administration & Management Master’s Degree Schools in Indiana” list, coming in at #2. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Purdue University - Main Campus are $28,794.

Read more about Business Administration & Management at Purdue University - Main Campus

#2

Purdue University Northwest

Hammond, Indiana

Out of the 23 schools in the Best Value Business Administration Schools for a Master’s in Indiana For Those Getting Aid that were part of this year’s ranking, Purdue University Northwest landed the #2 spot on the list. Purdue Northwest is a public institution located in Hammond, Indiana. The school has a medium-sized population, and it awarded 69 masters’s degrees in 2019-2020.

Purdue Northwest also took the #11 spot in our “Best Business Administration & Management Master’s Degree Schools in Indiana” ranking. Average graduate tuition and fees at Purdue University Northwest are $11,633, but some majors have different tuition rates.

Read full report on Business Administration & Management at Purdue University Northwest

#3

Indiana University - Southeast

New Albany, Indiana

Out of the 23 schools in the Best Value Business Administration Schools for a Master’s in Indiana For Those Getting Aid that were part of this year’s ranking, Indiana University - Southeast landed the #3 spot on the list. New Albany, Indiana is the setting for this small institution of higher learning. The public school handed out masters’s business administration degrees to 6 students in 2019-2020.

In addition to being on our indiana master’s degree business administration students with aid list, Indiana University - Southeast has also earned the #0 rank in our “Best Business Administration & Management Master’s Degree Schools in Indiana” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Indiana University - Southeast are $18,275.

Read more about Business Administration & Management at Indiana University - Southeast

#4

University of Southern Indiana

Evansville, Indiana

You’ll be in good company if you decide to attend University of Southern Indiana. It ranked #4 on our 2022 Best Value Business Administration Schools for a Master’s in Indiana For Those Getting Aid list. University of Southern Indiana is a fairly large school located in Evansville, Indiana that handed out 405 masters’s business administration degrees in 2019-2020.

USI also made our “Best Business Administration & Management Master’s Degree Schools in Indiana” list, coming in at #6. Average graduate tuition and fees at USI are $20,039, but some majors have different tuition rates.

Read more about Business Administration & Management at University of Southern Indiana

#5

University of Notre Dame

Notre Dame, Indiana
#1 in overall quality

You’ll join some of the best and brightest minds around if you attend University of Notre Dame. The school came in at #5 for the Best Value Business Administration Schools for a Master’s in Indiana For Those Getting Aid. Notre Dame is located in Notre Dame, Indiana and, has a fairly large student population. In 2019-2020, this school awarded 286 masters’s business administration degrees to qualified students.

Notre Dame also took the #1 spot in our “Best Business Administration & Management Master’s Degree Schools in Indiana” ranking. Average graduate tuition and fees at Notre Dame are $57,522, but some majors have different tuition rates.

Read full report on Business Administration & Management at Notre Dame

#6

Indiana University - East

Richmond, Indiana

With a ranking of #6, Indiana University - East did quite well on the 2022 Best Value Business Administration Schools for a Master’s in Indiana For Those Getting Aid list. Indiana University - East is a public institution located in Richmond, Indiana. The school has a small population, and it awarded 11 masters’s degrees in 2019-2020.

As a testament to the quality of education offered at IU East, the school also landed the #23 spot in our “Best Business Administration & Management Master’s Degree Schools in Indiana” ranking. Average graduate tuition and fees at Indiana University - East are $18,275, but you may pay more or less depending on your major.

Full IU East Business Administration & Management Report

Indiana Wesleyan University - National & Global ranked #7 on this year’s Best Value Business Administration Schools for a Master’s in Indiana For Those Getting Aid list. IWU is a fairly large school located in Marion, Indiana that handed out 501 masters’s business administration degrees in 2019-2020.

IWU not only placed well in this ranking. It is also #3 on our “Best Business Administration & Management Master’s Degree Schools in Indiana” list. Average graduate tuition and fees at IWU are $11,977, but you may pay more or less depending on your major.

Read full report on Business Administration & Management at IWU

#8

Oakland City University

Oakland City, Indiana

With a ranking of #8, Oakland City University did quite well on the 2022 Best Value Business Administration Schools for a Master’s in Indiana For Those Getting Aid list. Oakland City, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out masters’s business administration degrees to 31 students in 2019-2020.

Oakland City not only placed well in this ranking. It is also #18 on our “Best Business Administration & Management Master’s Degree Schools in Indiana” list. Average graduate tuition and fees at Oakland City University are $9,300, but some majors have different tuition rates.

Full Oakland City University Business Administration & Management Report

#9

Purdue University Fort Wayne

Fort Wayne, Indiana

Purdue University Fort Wayne ranked #9 on this year’s Best Value Business Administration Schools for a Master’s in Indiana For Those Getting Aid list. Fort Wayne, Indiana is the setting for this medium-sized institution of higher learning. The public school handed out masters’s business administration degrees to 21 students in 2019-2020.

PFW also took the #20 spot in our “Best Business Administration & Management Master’s Degree Schools in Indiana” ranking. Average graduate tuition and fees at PFW are $14,618, but some majors have different tuition rates.

Read more about Business Administration & Management at PFW

#10

Indiana State University

Terre Haute, Indiana

With a ranking of #10, Indiana State University did quite well on the 2022 Best Value Business Administration Schools for a Master’s in Indiana For Those Getting Aid list. Indiana State is located in Terre Haute, Indiana and, has a fairly large student population. In 2019-2020, this school awarded 43 masters’s business administration degrees to qualified students.

As a testament to the quality of education offered at Indiana State, the school also landed the #19 spot in our “Best Business Administration & Management Master’s Degree Schools in Indiana” ranking. Average graduate tuition and fees at Indiana State University are $15,346, but some majors have different tuition rates.

Read full report on Business Administration & Management at Indiana State University

#11

DeVry University - Indiana

Merrillville, Indiana

DeVry University - Indiana landed the #11 spot on the 2022 Best Value Business Administration Schools for a Master’s in Indiana For Those Getting Aid ranking. DeVry University - Indiana is a small private for-profit school situated in Merrillville, Indiana. It awarded 3 masters’s business administration degrees in 2019-2020.

DeVry University - Indiana also made our “Best Business Administration & Management Master’s Degree Schools in Indiana” list, coming in at #0. Average graduate tuition and fees at DeVry University - Indiana are $17,552, but some majors have different tuition rates.

Read full report on Business Administration & Management at DeVry University - Indiana

With a ranking of #12, University of Saint Francis - Fort Wayne did quite well on the 2022 Best Value Business Administration Schools for a Master’s in Indiana For Those Getting Aid list. University of St. Francis Fort Wayne is a small private not-for-profit school situated in Fort Wayne, Indiana. It awarded 63 masters’s business administration degrees in 2019-2020.

University of St. Francis Fort Wayne not only placed well in this ranking. It is also #15 on our “Best Business Administration & Management Master’s Degree Schools in Indiana” list. Average graduate tuition and fees at University of Saint Francis - Fort Wayne are $11,448, but some majors have different tuition rates.

Full University of Saint Francis - Fort Wayne Business Administration & Management Report

#22 in overall quality

With a ranking of #13, Calumet College of Saint Joseph did quite well on the 2022 Best Value Business Administration Schools for a Master’s in Indiana For Those Getting Aid list. CCSJ is located in Whiting, Indiana and, has a small student population. In 2019-2020, this school awarded 10 masters’s business administration degrees to qualified students.

CCSJ not only placed well in this ranking. It is also #22 on our “Best Business Administration & Management Master’s Degree Schools in Indiana” list. Average graduate tuition and fees at Calumet College of Saint Joseph are $19,220, but you may pay more or less depending on your major.

Read more about Business Administration & Management at CCSJ

#14

Saint Mary-of-the-Woods College

Saint Mary of the Woods, Indiana

Saint Mary-of-the-Woods College landed the #14 spot on the 2022 Best Value Business Administration Schools for a Master’s in Indiana For Those Getting Aid ranking. This small school is located in Saint Mary of the Woods, Indiana, and it awarded 17 masters’s business administration degrees in 2019-2020.

As a testament to the quality of education offered at SMWC, the school also landed the #21 spot in our “Best Business Administration & Management Master’s Degree Schools in Indiana” ranking. Average graduate tuition and fees at Saint Mary-of-the-Woods College are $12,450, but some majors have different tuition rates.

Read full report on Business Administration & Management at Saint Mary-of-the-Woods College

#15

University of Indianapolis

Indianapolis, Indiana

University of Indianapolis ranked #15 on this year’s Best Value Business Administration Schools for a Master’s in Indiana For Those Getting Aid list. Indianapolis, Indiana is the setting for this medium-sized institution of higher learning. The private not-for-profit school handed out masters’s business administration degrees to 73 students in 2019-2020.

UIndy also took the #9 spot in our “Best Business Administration & Management Master’s Degree Schools in Indiana” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at UIndy are $39,644.

Read full report on Business Administration & Management at UIndy

#16

Valparaiso University

Valparaiso, Indiana

Valparaiso University landed the #16 spot on the 2022 Best Value Business Administration Schools for a Master’s in Indiana For Those Getting Aid ranking. Valparaiso University is a small private not-for-profit school situated in Valparaiso, Indiana. It awarded 14 masters’s business administration degrees in 2019-2020.

Valpo not only placed well in this ranking. It is also #5 on our “Best Business Administration & Management Master’s Degree Schools in Indiana” list. Average graduate tuition and fees at Valparaiso University are $12,220, but you may pay more or less depending on your major.

Read full report on Business Administration & Management at Valparaiso University

#17

Huntington University

Huntington, Indiana
#12 in overall quality

Huntington University ranked #17 on this year’s Best Value Business Administration Schools for a Master’s in Indiana For Those Getting Aid list. Huntington is located in Huntington, Indiana and, has a small student population. In 2019-2020, this school awarded 19 masters’s business administration degrees to qualified students.

Huntington also made our “Best Business Administration & Management Master’s Degree Schools in Indiana” list, coming in at #12. Average graduate tuition and fees at Huntington are $11,208, but you may pay more or less depending on your major.

Read more about Business Administration & Management at Huntington University

#18

Bethel University - Mishawaka

Mishawaka, Indiana

Bethel University - Mishawaka did quite well in the 2022 Best Value Business Administration Schools for a Master’s in Indiana For Those Getting Aid ranking, coming in at #18. Mishawaka, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out masters’s business administration degrees to 35 students in 2019-2020.

In addition to being on our indiana master’s degree business administration students with aid list, Bethel University has also earned the #16 rank in our “Best Business Administration & Management Master’s Degree Schools in Indiana” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Bethel University - Mishawaka are $9,270.

Read full report on Business Administration & Management at Bethel University - Mishawaka

Grace College and Theological Seminary did quite well in the 2022 Best Value Business Administration Schools for a Master’s in Indiana For Those Getting Aid ranking, coming in at #19. Located in Winona Lake, Indiana, this small private not-for-profit school handed out 48 diplomas to qualified masters’s business administration students in 2019-2020.

Grace College not only placed well in this ranking. It is also #7 on our “Best Business Administration & Management Master’s Degree Schools in Indiana” list. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Grace College are $7,872.

Full Grace College Business Administration & Management Report

#20

University of Evansville

Evansville, Indiana

University of Evansville did quite well in the 2022 Best Value Business Administration Schools for a Master’s in Indiana For Those Getting Aid ranking, coming in at #20. This small school is located in Evansville, Indiana, and it awarded 14 masters’s business administration degrees in 2019-2020.

UE also made our “Best Business Administration & Management Master’s Degree Schools in Indiana” list, coming in at #8. Although you might pay more or less depending on your area of study, average graduate tuition and fees at University of Evansville are $14,014.

Read more about Business Administration & Management at UE

#21

Indiana Institute of Technology

Fort Wayne, Indiana
#17 in overall quality

Indiana Institute of Technology came in at #21 in this year’s edition of the Best Value Business Administration Schools for a Master’s in Indiana For Those Getting Aid ranking. Indiana Institute of Technology is a small private not-for-profit school situated in Fort Wayne, Indiana. It awarded 24 masters’s business administration degrees in 2019-2020.

Indiana Tech also took the #17 spot in our “Best Business Administration & Management Master’s Degree Schools in Indiana” ranking. Although you might pay more or less depending on your area of study, average graduate tuition and fees at Indiana Tech are $10,026.

Read more about Business Administration & Management at Indiana Institute of Technology

#22

Anderson University Indiana

Anderson, Indiana

Anderson University Indiana ranked #22 on this year’s Best Value Business Administration Schools for a Master’s in Indiana For Those Getting Aid list. Anderson University Indiana is a small private not-for-profit school situated in Anderson, Indiana. It awarded 73 masters’s business administration degrees in 2019-2020.

Anderson University Indiana also took the #10 spot in our “Best Business Administration & Management Master’s Degree Schools in Indiana” ranking. Average graduate tuition and fees at Anderson University Indiana are $11,455, but you may pay more or less depending on your major.

Full Anderson University Indiana Business Administration & Management Report

#23

Butler University

Indianapolis, Indiana

Butler University did quite well in the 2022 Best Value Business Administration Schools for a Master’s in Indiana For Those Getting Aid ranking, coming in at #23. Butler is located in Indianapolis, Indiana and, has a medium-sized student population. In 2019-2020, this school awarded 48 masters’s business administration degrees to qualified students.

Butler also took the #4 spot in our “Best Business Administration & Management Master’s Degree Schools in Indiana” ranking. Average graduate tuition and fees at Butler are $13,716, but you may pay more or less depending on your major.

Read full report on Business Administration & Management at Butler

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Notes and References

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%.

Read more about our data sources and methodologies

Footnotes

  • *Average salary, average net price, and average tuition and fees are for the top schools only.
  • Some schools otherwise deserving of recognition may have been removed from this ranking in the event that new data identified post-publication warranted it, or at the request of the school.

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