Top MBA Programs in Indianapolis, Indiana - June 2026

USA / Indiana / Indianapolis
Discover the top-rated MBA programs in Indianapolis, Indiana, designed to accelerate your career. Explore flexible learning options and industry-aligned curricula for 2026.
1

Kelley School of Business

United States, Indianapolis
4.9

Prestigious MBA program with a focus on leadership and innovation.

Details

  • Year Founded: 1920
  • Employees: 500-1000
  • Price Range: $$$$
  • Phone: +1-812-855-8100
  • Email: iusb@iu.edu

About the Company

Kelley School of Business offers a world-class MBA curriculum, emphasizing collaborative learning and real-world application. Its strong alumni network and strategic industry partnerships make it a premier destination for business professionals in the region.

Pros

  • Strong alumni network
  • Rigorous curriculum

Cons

  • High tuition costs
  • Competitive admission
2

Butler University Lacy School of Business

United States, Indianapolis
4.8

Flexible and experiential MBA program designed for working professionals.

Details

  • Year Founded: 1855
  • Employees: 200-500
  • Price Range: $$$
  • Phone: +1-317-940-8000
  • Email: mba@butler.edu

About the Company

Butler's MBA program provides a student-centered approach with a focus on business ethics and practical leadership skills. The program is specifically tailored to balance professional responsibilities with academic rigor.

Pros

  • Flexible scheduling
  • Small class sizes

Cons

  • Limited specialization tracks
3

University of Indianapolis School of Business

United States, Indianapolis
4.7

Focused MBA program promoting community engagement and professional growth.

Details

  • Year Founded: 1902
  • Employees: 100-300
  • Price Range: $$
  • Phone: +1-317-788-3368
  • Email: admissions@uindy.edu

About the Company

The UIndy MBA focuses on developing ethical leaders through hands-on learning. With a strong emphasis on mentorship, students benefit from close faculty interaction and networking opportunities within the Indianapolis business community.

Pros

  • Community focus
  • Affordable tuition

Cons

  • Smaller career services reach
4

Marian University Byrum School of Business

United States, Indianapolis
4.6

Value-driven MBA program combining faith-based values with business strategy.

Details

  • Year Founded: 1851
  • Employees: 150-400
  • Price Range: $$
  • Phone: +1-317-955-6000
  • Email: mba@marian.edu

About the Company

Marian University offers an MBA that prioritizes leadership development through a values-based framework. It is an excellent choice for those seeking a curriculum that balances executive strategy with social responsibility.

Pros

  • Strong ethical framework
  • Collaborative environment

Cons

  • Niche program focus
5

Purdue Global

United States, Indianapolis
4.5

Online-centric MBA offering maximum flexibility for modern learners.

Details

  • Year Founded: 2017
  • Employees: 1000+
  • Price Range: $$
  • Phone: +1-866-522-7747
  • Email: info@purdueglobal.edu

About the Company

Purdue Global provides a highly flexible MBA program designed for working adults across the nation. The curriculum is built on industry-relevant standards, ensuring students gain actionable skills that apply immediately to their workplace.

Pros

  • Highly flexible
  • Global recognition

Cons

  • Limited in-person networking
6

Anderson University Falls School of Business

United States, Anderson
4.6

Professional MBA focusing on servant leadership and global business.

Details

  • Year Founded: 1917
  • Employees: 200-400
  • Price Range: $$
  • Phone: +1-765-641-4000
  • Email: bus@anderson.edu

About the Company

The Falls School of Business offers an MBA focused on servant leadership. With small class sizes and a supportive atmosphere, students engage deeply with professors and peers to sharpen their managerial acumen.

Pros

  • Mentorship focus
  • Supportive culture

Cons

  • Smaller program size
7

Franklin College

United States, Franklin
4.5

Personalized MBA education in a close-knit learning community.

Details

  • Year Founded: 1834
  • Employees: 100-200
  • Price Range: $$
  • Phone: +1-317-738-8000
  • Email: admissions@franklincollege.edu

About the Company

Franklin College provides a focused and intimate MBA experience. The curriculum emphasizes critical thinking and strategic management, preparing graduates to excel in diverse business environments.

Pros

  • Small class sizes
  • Personalized attention

Cons

  • Fewer specialization options
8

Indiana Wesleyan University

United States, Marion
4.7

MBA programs built for working professionals with faith-based values.

Details

  • Year Founded: 1920
  • Employees: 500-800
  • Price Range: $$
  • Phone: +1-866-468-6498
  • Email: dev@indwes.edu

About the Company

Indiana Wesleyan University offers convenient and accelerated MBA formats. Known for their student support, they integrate professional excellence with ethical character development in their graduate business programs.

Pros

  • Fast-tracked options
  • Strong support services

Cons

  • Geographic focus
9

Ball State Miller College of Business

United States, Muncie
4.8

Practical and industry-aligned MBA focusing on modern business challenges.

Details

  • Year Founded: 1918
  • Employees: 400-900
  • Price Range: $$$
  • Phone: +1-765-285-8000
  • Email: mba@bsu.edu

About the Company

Ball State’s Miller College of Business offers an immersive MBA experience. With a focus on data-driven decision-making and innovation, the program prepares leaders to navigate the complexities of modern corporate landscapes effectively.

Pros

  • Technological focus
  • Strong industry ties

Cons

  • Distance from downtown
10

Trine University

United States, Angola
4.6

Technical and engineering-focused MBA for growth-oriented leaders.

Details

  • Year Founded: 1884
  • Employees: 200-500
  • Price Range: $$
  • Phone: +1-260-665-4100
  • Email: admit@trine.edu

About the Company

Trine University offers an MBA program that excels in blending business strategy with technical operations. It is a top choice for students looking to move into management roles within highly technical or engineering-led industries.

Pros

  • Engineering focus
  • High placement rates

Cons

  • Remote location
11

Purdue Krannert School of Management

United States, West Lafayette
5.0

World-class MBA focusing on analytics and quantitative management.

Details

  • Year Founded: 1962
  • Employees: 300-600
  • Price Range: $$$$
  • Phone: +1-765-494-4600
  • Email: krannert@purdue.edu

About the Company

Krannert is world-renowned for its analytical approach to business education. The program is ideal for candidates who want to lead in a data-driven world, providing deep insights into both strategy and operational excellence.

Pros

  • Elite reputation
  • Quantitative expertise

Cons

  • Very demanding workload
12

Taylor University

United States, Upland
4.5

Values-centered MBA focusing on integrity and organizational leadership.

Details

  • Year Founded: 1846
  • Employees: 200-400
  • Price Range: $$
  • Phone: +1-800-882-3456
  • Email: admissions@taylor.edu

About the Company

Taylor University delivers an MBA that emphasizes ethical decision-making and organizational health. Their focus on the human side of business makes this a standout program for those seeking to lead with integrity and purpose.

Pros

  • Strong values-based education
  • Small cohort model

Cons

  • Smaller alumni base
13

Huntington University

United States, Huntington
4.5

Focused MBA program designed for future organizational leaders.

Details

  • Year Founded: 1897
  • Employees: 150-300
  • Price Range: $$
  • Phone: +1-260-356-6000
  • Email: admissions@huntington.edu

About the Company

Huntington University offers a dedicated MBA path for students who want to develop strong leadership and management capabilities in a supportive environment. It is an excellent choice for local professionals.

Pros

  • Direct mentorship
  • Practical focus

Cons

  • Limited brand prestige
14

Rose-Hulman Institute of Technology

United States, Terre Haute
4.8

Advanced technical management for engineers and tech leaders.

Details

  • Year Founded: 1874
  • Employees: 200-400
  • Price Range: $$$
  • Phone: +1-812-877-1511
  • Email: admissions@rose-hulman.edu

About the Company

While known for engineering, Rose-Hulman provides specialized business education. Their graduate offerings are highly focused on the intersection of advanced technology and business management strategy.

Pros

  • Technical excellence
  • High prestige in tech

Cons

  • Non-traditional MBA focus
15

Grace College

United States, Winona Lake
4.5

Affordable and flexible MBA program for regional growth.

Details

  • Year Founded: 1948
  • Employees: 100-200
  • Price Range: $
  • Phone: +1-866-991-7223
  • Email: admissions@grace.edu

About the Company

Grace College offers an efficient MBA pathway. Designed for working professionals, it focuses on key business principles and practical management skills, fostering growth in a convenient, community-focused setting.

Pros

  • Cost-effective
  • Career-oriented

Cons

  • Niche regional appeal

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Frequently Asked Questions

FAQ

  • What are the best MBA programs in Indianapolis? Top options include the Kelley School of Business at IUPUI and other leading local institutions.
  • How long do MBA programs take in Indiana? Most full-time programs take 2 years, while executive or flexible options can be completed in 12-18 months.
  • Are online MBA options available in Indianapolis? Yes, many schools offer hybrid or fully online MBA degrees for working professionals.
  • What is the average cost of an MBA in Indianapolis? Tuition varies, but local programs offer competitive pricing compared to national averages.
  • Do I need a GMAT for Indianapolis MBA programs? Many schools now offer GMAT waivers for qualified candidates with professional experience.
  • Which industries hire the most MBA graduates in Indianapolis? Healthcare, finance, and technology sectors are the primary employers in the region.