2025 Best Business Administration & Management Master's Degree Schools in Indiana

Ranked #1 in popularity, business administration & management is one of the most sought-after master's degree programs in the nation. This means there are lots of options to choose from when you decide to get your degree.

For its 2025 ranking, College Factual looked at 21 schools in Indiana to determine which ones were the best for business administration & management students pursuing a master's degree. Combined, these schools handed out 2,511 master's degrees in business administration & management to qualified students.

Jump to one of the following sections: * Our Methodology

• Best Master’s Degree Schools List

Choosing a Great Business Administration & Management School for Your Master's Degree

Your choice of business administration & management for getting your master's degree school matters. This section explores some of the factors we include in our ranking and how much they vary depending on the school you select. To make it into this list, a school must excel in the following areas.

A Great Overall School

A school that excels in educating for a particular major and degree level must be a great school overall as well. To make it into this list a school must rank well in our overall Best Colleges for a Master's Degree ranking. This ranking considered factors such as graduation rates, overall graduate earnings and other educational resources to identify great colleges and universities.

Early-Career Earnings

One measure we use to determine the quality of a school is to look at the average salary of master's graduates during the early years of their career. That is, everyone wants their master's degree to be worth something, and salaries are one measure of determining that.

Other Factors We Consider

In addition to the above, you should consider some of the following factors:

• Major Focus - How much a school focuses on business administration & management students vs. other majors.
• Major Demand - The number of business administration & management students who choose to seek a master's degree at the school.
• Educational Resources - The amount of money and other resources allocated to students while they are pursuing their degree. These resources include such things as number of students per instructor and education expenditures per student.
• Student Debt - How easy is it for business administration & management to pay back their student loans after receiving their master's degree.
• Accreditation - Whether a school is regionally accredited and/or accredited by a recognized business administration & management related body.

Our complete ranking methodology documents in more detail how we consider these factors to identify the best colleges for business administration & management students working on their master's degree.

More Ways to Rank Business Administration & Management Schools

The business administration school you choose to invest your time and money in matters. To help you make the decision that is right for you, we've developed a number of major-specific rankings, including this list of the Best Business Administration & Management Master's Degree Schools in Indiana.

Best Schools for Master’s Students to Study Business Administration & Management in Indiana

The following list ranks the best colleges and universities for pursuing a master's degree in business administration & management.

10 Top Indiana Schools for a Master's in Business Administration

1

Purdue University - Main Campus
West Lafayette, IN

189 Annual Graduates

$103,280 Median Starting Salary

Any student who is interested in a master's degree in business administration & management has to check out Purdue University - Main Campus. Purdue is a very large public university located in the small city of West Lafayette.

Those business administration & management students who get their master's degree from Purdue University - Main Campus make $30,720 more than the average business administration student.

More information about a master’s in business administration & management from Purdue University - Main Campus

2

University of Notre Dame
Notre Dame, IN

186 Annual Graduates

It's hard to beat University of Notre Dame if you want to pursue a master's degree in business administration & management. Located in the large suburb of Notre Dame, Notre Dame is a private not-for-profit university with a fairly large student population.More information about a master’s in business administration & management from University of Notre Dame

3

Indiana Wesleyan University - National & Global
Marion, IN

265 Annual Graduates

$82,615 Median Starting Salary

Indiana Wesleyan University - National & Global is one of the finest schools in the United States for getting a master's degree in business administration & management. Located in the rural area of Marion, IWU is a private not-for-profit university with a large student population.

Master's recipients from the business administration & management major at Indiana Wesleyan University - National & Global earn $10,055 above the average graduate with the same degree shortly after graduation.

More information about a master’s in business administration & management from Indiana Wesleyan University - National & Global

4

University of Southern Indiana
Evansville, IN

573 Annual Graduates

$80,902 Median Starting Salary

University of Southern Indiana is one of the finest schools in the country for getting a master's degree in business administration & management. Located in the medium-sized suburb of Evansville, USI is a public university with a moderately-sized student population.

Business Administration & Management master's degree recipients from University of Southern Indiana get an earnings boost of about $8,342 over the average earnings of business administration & management graduates.

More information about a master’s in business administration & management from University of Southern Indiana

5

Butler University
Indianapolis, IN

48 Annual Graduates

$111,570 Median Starting Salary

Butler is a moderately-sized private not-for-profit university located in the large city of Indianapolis.

Business Administration & Management master's degree recipients from Butler University get an earnings boost of approximately $39,010 over the average income of business administration & management graduates.

More information about a master’s in business administration & management from Butler University

6

Purdue University Global
West Lafayette, IN

631 Annual Graduates

$65,048 Median Starting Salary

Located in the small city of West Lafayette, Purdue University Global is a public university with a fairly large student population.

After graduation, business administration master's recipients usually make around $65,048 in their early careers.

More information about a master’s in business administration & management from Purdue University Global

7

Purdue University Northwest
Hammond, IN

42 Annual Graduates

$65,615 Median Starting Salary

Located in the suburb of Hammond, Purdue Northwest is a public university with a moderately-sized student population.

Students who graduate with their master's from the business administration program report average early career earnings of $65,615.

More information about a master’s in business administration & management from Purdue University Northwest

8

Anderson University Indiana
Anderson, IN

32 Annual Graduates

$78,130 Median Starting Salary

Anderson University Indiana is a small private not-for-profit university located in the city of Anderson.

Business Administration & Management master's degree recipients from Anderson University Indiana earn a boost of around $5,570 above the typical income of business administration & management majors.

More information about a master’s in business administration & management from Anderson University Indiana

9

University of Indianapolis
Indianapolis, IN

39 Annual Graduates

$71,349 Median Starting Salary

UIndy is a moderately-sized private not-for-profit university located in the large city of Indianapolis.

Students who graduate with their master's from the business administration program report average early career income of $71,349.

More information about a master’s in business administration & management from University of Indianapolis

10

Valparaiso University
Valparaiso, IN

17 Annual Graduates

$69,833 Median Starting Salary

Located in the small suburb of Valparaiso, Valpo is a private not-for-profit university with a small student population.

Master's students who receive their degree from the business administration program earn about $69,833 in the first couple years of working.

More information about a master’s in business administration & management from Valparaiso University

Best Business Administration & Management Colleges in the Great Lakes Region

Explore all the Best Business Administration & Management Colleges in the Great Lakes Area or other specific states within that region.

State	Colleges	Degrees Awarded
Illinois	221	6,404
Michigan	211	3,723
Ohio	207	3,539
Wisconsin	173	1,506

View All Rankings >

Rankings in Majors Related to Business Administration

Business Administration & Management is one of 21 different types of Business, Management & Marketing programs to choose from.

Business Administration Focus Areas

Major	Annual Graduates
General Business Administration and Management	2,182
Organizational Leadership	139
Non-Profit/Public/Organizational Management	113
Operations Management	32
Project Management	31
Interior Design Management	14

Majors Similar to Business Administration

Related Major	Annual Graduates
General Business/Commerce	1,849
Management Sciences & Quantitative Methods	948
Accounting	348
Human Resource Management	75
Finance & Financial Management	49
Hospitality Management	27
Management Information Systems	16
Insurance	12
Marketing	10
Business/Corporate Communications	3

Notes and References

• The bars on the spread charts above show the distribution of the schools on this list +/- one standard deviation from the mean.
• 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 the rest 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). More about our data sources and methodologies.