Indiana Business Schools

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Indiana has a diverse economy, home to major employers in industries ranging from pharmaceuticals to manufacturing, energy to health care. In 2014, seven local companies made the Fortune 500 list, including WellPoint (Health benefits), Eli Lilly & Company (pharmaceuticals), Cummins Inc. (engine manufacturing), Steel Dynamics (steel manufacturing), NiSource (utilities), Calumet Specialty Products Partners (energy) and Simon Property Group (retail management and development).

Some of the top employers in the state are focused in health care and higher education, including the following:

  • Indiana University Medical Center (Bloomington): 30,000
  • Usx Corp Labor Relations (Gary): 25,000
  • Purdue University (West Lafayette): 15,304
  • St. Vincent Hospital (Indianapolis): 10,000
  • Parkview Regional Medical Center (Fort Wayne): 8,800

The state's attractive business climate, as well as its work in attracting new business development, is evidenced by the number of private businesses that made Inc.'s 2014 list of the 5,000 fastest growing private companies in the country. Seven Indiana businesses were ranked in the top 500, including:

  1. HighPoint Global (#30)
  2. Meister Cook (#87)
  3. Project Management Academy (#136)
  4. Advocate Merchant Solutions (#151)
  5. Main Street (#347)
  6. Construct Solutions (#410)
  7. Rook Security (#500)

As the national and local economy grows and continues to diversify, prospective students of Indiana business schools can pursue multiple educational and career paths in areas ranging from marketing to accounting, human resources to small business management.

Online Business Degree Programs in Indiana

Students considering attending an in-state business program should match their professional goals to the degree options in the field. Because the spectrum of professions is so wide ranging in business, undergraduates and graduates alike can focus their studies in an area that matches their future career needs.

There are three major degree tracks in business: associate, bachelor's and master's.

Associate's Degree. Typically designed to be completed in as little two years of study, associate degree programs in business provide students with foundational instruction in the various principles and organizational functions of business, such as economics, marketing, organizational management and more.

Bachelor's Degree. The bachelor's degree in business is the typical educational minimum requirement for a host of careers, from accounting to financial management. Depending on the institution, students may select from different types of degree programs, such as Bachelor of Science in Business or the Bachelor of Business Administration (B.B.A.). These programs of study introduce students to the theoretical underpinnings of business management and strategy, with a curriculum that blends both conceptual study with real-world, practical instruction in areas such as critical thinking and problem solving.

As noted above, students may customize their degree tracks, choosing to further concentrate their studies in areas of career specialization, such as human resources, marketing, project management, accounting, or business administration.

Master of Business Administration (MBA). For the working professional seeking to develop their business skills or acumen or desiring career advancement, the MBA is typically the first step. A graduate degree, the Master of Business Administration is a comprehensive, intense option designed to be completed in as little as two years of full-time study. However, some institutions may offer accelerated, one-year or Executive MBA programs that can be finished in a shorter time period.

Business curriculua varies bys school, but generally focuses on the advanced study of business fundamentals like marketing, organizational management, strategy, decision making, leadership and more.

In 2013, according to the National Center for Education Statistics (NCES), 65 technical institutes, community colleges, and four-year universities conferred more than 20,000 business degrees and certificates to graduates in Indiana. The most common degrees included bachelor's (9,716 degrees), master's (4,086) and associate (3,373).

The five most popular business degree concentrations included the following:

  1. Business administration and management: 7,990
  2. Business (general): 5,596
  3. Accounting (3,206)
  4. Hospitality administration and management: 825
  5. Financial management services: 588

Below is a list of the business schools in Indiana that awarded the most degrees in 2013:

Rank Institution Degrees Conferred 2013
1 Ivy Tech Community College 4,102
2 Indiana Wesleyan University 2,897
3 Indiana University-Bloomington 2,559
4 Purdue University-Main Campus 1,907
5 University of Notre Dame 1,049
6 Indiana University-Purdue University-Indianapolis 934
7 Indiana Institute of Technology 686
8 Ball State University 511
9 Indiana University-Purdue University-Fort Wayne 442
10 Purdue University-Calumet Campus 418

Source: National Center for Education Statistics, 2013

Career Opportunities for Business Graduates in Indiana

As noted above, graduates of business programs in Indiana can select from a spectrum of professional opportunities in areas such as accounting, human resources and marketing. Below is a glimpse of business-related careers in the state, including the total number of employees in that occupation and the 2013 average salary for the career in Indiana:

Occupation Total Employed 2013 Average Salary
Business and Financial Operations Occupations 103,500 $62,110
Bookkeeping, Accounting, and Auditing Clerks 35,230 $34,250
Accountants and Auditors 19,670 $64,880
Financial Managers 8,560 $102,620
Marketing Managers 2,830 $104,840
Financial Analysts 2,720 $74,760
Human Resources Managers 1,810 $97,500
Tax Preparers 1,090 $33,600
Credit Analysts 820 $55,210
Budget Analysts 430 $62,850

According to the Indiana Department of Labor, employment growth for business-related occupations is projected to remain strong between 2012 and 2022. For example, below is a list of business careers expected to see at least 10 percent job growth in Indiana between 2012 and 2022:

Occupation Job Growth 2012-2022
Tax Preparers 20.5%
Accountants and Auditors 12.0%
Bookkeeping, Accounting, and Auditing Clerks 11.7%
Financial Analysts 11.1%
Human Resources Managers 10.6%

Source: Indiana Department of Labor


"May 2013 State Occupational Employment and Wage Estimates, Indiana," U.S. Bureau of Labor Statistics, May 2013, http://www.bls.gov/oes/current/oes_in.htm

"Projections Central, Indiana," Projections Central State Occupational Projections, January 2015, Projectionscentral.com

National Center for Education Statistics, January 2015, http://nces.ed.gov/

"The 2014 Inc. 5000," Inc., 2014, http://www.inc.com/inc5000/list/2014/state/in/

Indiana Department of Labor, January 2015, http://www.in.gov/dol/

Indiana Business Schools

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            5 Program(s) Found
            • Degrees offered include Bachelor of Science in Accounting, Bachelor of Science in Business Administration, and Master of Business Administration.
            • Students are instructed in relevant business skills like communication, mathematics, and management.
            • Coursework emphasizes the development of project management, communication, decision-making, and problem-solving skills.
            • Flexible, 100% online and campus based programs available.
            Good for Working Adults
            • Online Courses
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            • Ranked 16th among the Best Colleges for Veterans in 2015 by U.S. News and World Report.
            • Ranked among the Best Regional Universities in the South in 2015 by U.S. News and World Report.
            • A private institution founded in 1921 and located in Crestview Hills, KY.
            • Has an average freshman retention rate is 68%.
            • Its student-faculty ratio is 14:1, with 76% of its classes having fewer than 20 students.
            • Accredited by the Commission on Colleges of the Southern Association of Colleges and Schools.
            Good for Working Adults
            • Accredited
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            5 Program(s) Found
            • Available business concentrations include Accounting, Economics, General Management, Marketing, and Human Resource Management.
            • Ranked among the Best Online MBA and Online Graduate Business Programs in 2016 by U.S. News & World Report.
            • Programmatic accreditation provided by the Accreditation Council for Business Schools and Programs (ACBSP).
            • Regionally accredited by the Southern Association of Colleges and Schools Commission on Colleges (SACSCOC).
            • Online Courses
            5 Program(s) Found
            • Recognized in the first Best for Vets: Business Schools list in Military Times Edge magazine’s 2013 “Best for Vets” edition.
            • Offers MUSE (My Unique Student Experience), a content delivery system that gives students the option to watch, view, read or listen to required course materials.
            • Allows students to complete courses at whatever pace they want.
            • A DANTES-affiliated university and member of the Service Members Opportunity Colleges.
            • Offers IntelliPath, a proprietary learning technology that lets students learn at their own pace.
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            5 Program(s) Found
            • Online MBA program ranked 6th in the USA by CEO magazine.
            • In a university-sponsored survey, 4 out of 5 alumni reported being satisfied with their experience.
            • #1 Online School for military veterans according to Military Times.
            • 75,000+ graduates across all industries offer extensive networking opportunities.
            • My Unique Student Experience (M.U.S.E.) lets students watch, view, read, or hear content.
            • Smartphone app available for on-the-go learning.
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            5 Program(s) Found
            • Average class size is 25, allowing for more one-on-one time with instructors.
            • Has a 97% employment rate among available graduates.
            • All  graduates receive Lifetime Employment  Assistance—free and forever.
            • Michigan's largest independent college.
            • Most instructors are working professionals in the fields they teach.
            • Programs are continuously updated to ensure classes are career-relevant and in sync with what's needed in the industry
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            4 Program(s) Found

            • Students may choose from more than 80 degree programs in a variety of subjects, including business, engineering, nursing, health sciences, education, and more.
            • Small class sizes and a 17:1 student-to-faculty ratio allow students to get more personalized attention.
            • Ranked #88 among the 2017 Best Regional Universities in the West by U.S. News & World Report.
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            • Offers a career-focused education with instructors who are professionals in their field.  
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            About Baylor University


            Baylor is nationally-ranked as a research and academic institution by both U.S. News & World Report and Kiplinger’s.


            As a private, faith-based university, we provide a vibrant community on campus for more than 15,000 students by blending interdisciplinary research with an international reputation for academic excellence. Online, we extend our powerful business alumni network to a growing community of students and working professionals around the world.

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            • Ranked one of the Top Public Schools in 2015 by U.S. News and World Report.
            • Founded in 1766 as a public institution; it has a main campus in New Brunswick, New Jersey and offers many programs online.
            • Has an average freshman retention rate of 91.8%.
            • Its student-faculty ratio is 14:1, and 38% of its classes have fewer than 20 students.
            • Has famous alumni including chef and restauranteur Mario Batali, author Junot Diaz, actor James Gandolfini, and former U.S. Poet Laureate Robert Pinsky.
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