Ranked #21 in popularity, theological & ministerial studies 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 4 schools in Indiana to determine which ones were the best for theological & ministerial studies students pursuing a master's degree. When you put them all together, these colleges and universities awarded 293 master's degrees in theological & ministerial studies during the 2022-2023 academic year.
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Choosing a Great Theological & Ministerial Studies School for Your Master's Degree
The theology master's degree program you select can have a big impact on your future. 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
The overall quality of a master's degree school is important to ensure a good education, not just how well they do in a particular major. To take this into account we include a college's overall Best Colleges for a Master's Degree ranking which itself looks at a host of various factors like degree completion, educational resources, student body caliber and post-graduation earnings for the school as a whole.
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
The metrics below are just some of the other metrics that we use to determine our rankings.
Major Focus - How many resources a school devotes to theological & ministerial studies students as compared to other majors.
Major Demand - How many other theological & ministerial studies students want to attend this school to pursue a master's degree.
Educational Resources - How many resources are allocated to students. These resources may include educational expenditures per student, number of students per instructor, and graduation rate among other things.
Student Debt - How much debt theological & ministerial studies students go into to obtain their master's degree and how well they are able to pay back that debt.
Accreditation - Whether a school is regionally accredited and/or accredited by a recognized theological & ministerial studies related body.
Our complete ranking methodology documents in more detail how we consider these factors to identify the best schools for theological & ministerial studies students working on their master's degree.
More Ways to Rank Theological & Ministerial Studies Schools
Since picking the right college can be one of the most important decisions of your life, we've developed the Best Theological & Ministerial Studies Master's Degree Schools in Indiana ranking, along with many other major-related rankings, to help you make that decision.
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Every student who is interested in a master's degree in theological & ministerial studies has to take a look at University of Notre Dame. Notre Dame is a fairly large private not-for-profit university located in the large suburb of Notre Dame.
Master's graduates who receive their degree from the theology program earn an average of $43,439 in their early career salary.
It's difficult to beat Indiana Wesleyan University - National & Global if you wish to pursue a master's degree in theological & ministerial studies. IWU is a fairly large private not-for-profit university located in the rural area of Marion.
Soon after graduating, theology master's recipients usually make an average of $57,119 in their early careers.
Any student who is interested in a master's degree in theological & ministerial studies has to look into Bethel University - Mishawaka. Located in the city of Mishawaka, Bethel University is a private not-for-profit university with a small student population.
Master's graduates who receive their degree from the theology program earn around $47,373 in the first couple years of their career.
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).