# Best Business Colleges in Indiana

> CollegeRanker Agent Insights — structured data for AI systems
> Updated: 2026-05-31 | Schools: 40 | Category: By State
> Source: https://www.collegeranker.com/rankings/best-business-indiana

## Methodology

Business programs in Indiana ranked by outcomes and program concentration

CollegeRanker uses a 4-pillar algorithm: Academic Quality (15-20%), Economic Outcomes (30%), Social Mobility (25-35%), Value & Affordability (20-25%). Social mobility data from Raj Chetty's Opportunity Insights Mobility Report Card (30M+ anonymized tax records). No subjective surveys.

## Summary

When considering a business degree in Indiana, students have a range of schools to choose from, each offering unique benefits and challenges. With 40 business programs in the state, understanding how these schools perform can guide families in making informed decisions. On average, graduates from these programs earn about $53,895, which highlights the potential return on investment for students.

The strength of these institutions comes down to key factors like graduate earnings, completion rates, and student debt. For instance, the University of Notre Dame stands out with remarkable graduate earnings of $99,980 and a graduation rate of 96%. In contrast, other schools may offer lower earnings and higher debt, emphasizing the importance of evaluating each program's outcomes closely.

Take Purdue University and Butler University as examples. Purdue graduates earn $72,424 with a graduation rate of 83%, while Butler students earn $77,235 but face a significantly higher net price of $36,041. This contrast in financial commitment and potential earnings is crucial for families balancing costs with future gains.

## Key Findings

- University of Notre Dame graduates earn an impressive $99,980 on average.
- Purdue University has an 83% graduation rate, while Indiana University-Kokomo has only 45%.
- Butler University students face a net price of $36,041, compared to Indiana University-Bloomington's $16,264.
- The average student debt for graduates in this ranking is $19,000.

## Rankings

| Rank | School | Location | Graduation | Earnings (10yr) | Net Price | Median Debt | Debt/Earnings |
|------|--------|----------|------------|-----------------|-----------|-------------|---------------|
| 1 | [University of Notre Dame](https://www.collegeranker.com/colleges/university-of-notre-dame) | Notre Dame, IN | 96% | $99,980 | $26,780 | $19,000 | 0.19x |
| 2 | [Butler University](https://www.collegeranker.com/colleges/butler-university) | Indianapolis, IN | 80% | $77,235 | $36,041 | $26,000 | 0.34x |
| 3 | [Oakland City University](https://www.collegeranker.com/colleges/oakland-city-university) | Oakland City, IN | 68% | $43,283 | $15,210 | $16,758 | 0.39x |
| 4 | [Grace College and Theological Seminary](https://www.collegeranker.com/colleges/grace-college-and-theological-seminary) | Winona Lake, IN | 69% | $45,411 | $19,932 | $19,500 | 0.43x |
| 5 | [University of Evansville](https://www.collegeranker.com/colleges/university-of-evansville) | Evansville, IN | 68% | $53,770 | $18,499 | $24,606 | 0.46x |
| 6 | [Ball State University](https://www.collegeranker.com/colleges/ball-state-university) | Muncie, IN | 63% | $51,833 | $14,940 | $23,250 | 0.45x |
| 7 | [University of Indianapolis](https://www.collegeranker.com/colleges/university-of-indianapolis) | Indianapolis, IN | 56% | $53,610 | $21,602 | $26,864 | 0.5x |
| 8 | [Indiana State University](https://www.collegeranker.com/colleges/indiana-state-university) | Terre Haute, IN | 42% | $48,387 | $10,873 | $24,000 | 0.5x |
| 9 | [Hanover College](https://www.collegeranker.com/colleges/hanover-college) | Hanover, IN | 65% | $53,957 | $21,829 | $25,250 | 0.47x |
| 10 | [Earlham College](https://www.collegeranker.com/colleges/earlham-college) | Richmond, IN | 68% | $50,797 | $24,714 | $23,488 | 0.46x |
| 11 | [Goshen College](https://www.collegeranker.com/colleges/goshen-college) | Goshen, IN | 63% | $51,943 | $14,493 | $22,974 | 0.44x |
| 12 | [Valparaiso University](https://www.collegeranker.com/colleges/valparaiso-university) | Valparaiso, IN | 69% | $63,191 | $18,578 | $26,942 | 0.43x |
| 13 | [Saint Mary's College](https://www.collegeranker.com/colleges/saint-marys-college) | Notre Dame, IN | 73% | $59,354 | $25,292 | $27,000 | 0.45x |
| 14 | [Purdue University-Main Campus](https://www.collegeranker.com/colleges/purdue-university-main-campus) | West Lafayette, IN | 83% | $72,424 | $14,600 | $19,500 | 0.27x |
| 15 | [Huntington University](https://www.collegeranker.com/colleges/huntington-university) | Huntington, IN | 66% | $46,672 | $19,310 | $25,576 | 0.55x |
| 16 | [Taylor University](https://www.collegeranker.com/colleges/taylor-university) | Upland, IN | 75% | $52,198 | $24,865 | $20,500 | 0.39x |
| 17 | [Indiana University-Bloomington](https://www.collegeranker.com/colleges/indiana-university-bloomington) | Bloomington, IN | 81% | $63,742 | $16,264 | $19,509 | 0.31x |
| 18 | [Indiana University-Indianapolis](https://www.collegeranker.com/colleges/indiana-university-indianapolis) | Indianapolis, IN | 54% | $55,198 | $11,668 | $20,000 | 0.36x |
| 19 | [Manchester University](https://www.collegeranker.com/colleges/manchester-university) | North Manchester, IN | 45% | $51,504 | $18,805 | $26,854 | 0.52x |
| 20 | [Indiana University-Kokomo](https://www.collegeranker.com/colleges/indiana-university-kokomo) | Kokomo, IN | 45% | $49,917 | $3,968 | $16,961 | 0.34x |
| 21 | [Union Bible College](https://www.collegeranker.com/colleges/union-bible-college) | Westfield, IN | 43% | N/A | $10,110 | N/A | N/A |
| 22 | [Indiana University-Southeast](https://www.collegeranker.com/colleges/indiana-university-southeast) | New Albany, IN | 36% | $47,596 | $7,888 | $19,684 | 0.41x |
| 23 | [Indiana Institute of Technology](https://www.collegeranker.com/colleges/indiana-institute-of-technology) | Fort Wayne, IN | 38% | $47,327 | $23,206 | $26,391 | 0.56x |
| 24 | [Indiana University-South Bend](https://www.collegeranker.com/colleges/indiana-university-south-bend) | South Bend, IN | 38% | $44,947 | $8,653 | $21,355 | 0.48x |
| 25 | [Indiana University-East](https://www.collegeranker.com/colleges/indiana-university-east) | Richmond, IN | 42% | $47,156 | $8,134 | $18,000 | 0.38x |
| 26 | [Trine University](https://www.collegeranker.com/colleges/trine-university) | Angola, IN | 66% | $57,165 | $25,355 | $25,000 | 0.44x |
| 27 | [Franklin College](https://www.collegeranker.com/colleges/franklin-college) | Franklin, IN | 62% | $55,376 | $22,855 | $27,000 | 0.49x |
| 28 | [Holy Cross College](https://www.collegeranker.com/colleges/holy-cross-college) | Notre Dame, IN | 50% | $50,416 | $26,728 | $24,000 | 0.48x |
| 29 | [Bethel University](https://www.collegeranker.com/colleges/bethel-university) | Mishawaka, IN | 55% | $48,860 | $18,610 | $25,000 | 0.51x |
| 30 | [Purdue University Northwest](https://www.collegeranker.com/colleges/purdue-university-northwest) | Hammond, IN | 43% | $48,318 | $6,079 | $21,229 | 0.44x |
| 31 | [Indiana Wesleyan University-National & Global](https://www.collegeranker.com/colleges/indiana-wesleyan-university-national-global) | Marion, IN | 36% | $59,986 | $16,898 | $24,250 | 0.4x |
| 32 | [Purdue University Fort Wayne](https://www.collegeranker.com/colleges/purdue-university-fort-wayne) | Fort Wayne, IN | 34% | $45,872 | $13,171 | $21,500 | 0.47x |
| 33 | [Indiana Wesleyan University-Marion](https://www.collegeranker.com/colleges/indiana-wesleyan-university-marion) | Marion, IN | 67% | $59,986 | $22,866 | $24,250 | 0.4x |
| 34 | [University of Saint Francis-Fort Wayne](https://www.collegeranker.com/colleges/university-of-saint-francis-fort-wayne) | Fort Wayne, IN | 58% | $55,362 | $18,196 | $25,976 | 0.47x |
| 35 | [Indiana Institute of Technology-College of Professional Studies](https://www.collegeranker.com/colleges/indiana-institute-of-technology-college-of-professional-studies) | Fort Wayne, IN | 28% | $47,327 | $20,473 | $26,391 | 0.56x |
| 36 | [Indiana University-Northwest](https://www.collegeranker.com/colleges/indiana-university-northwest) | Gary, IN | 37% | $43,361 | $5,130 | $21,710 | 0.5x |
| 37 | [Anderson University](https://www.collegeranker.com/colleges/anderson-university) | Anderson, IN | 52% | $48,899 | $25,021 | $27,000 | 0.55x |
| 38 | [Marian University](https://www.collegeranker.com/colleges/marian-university) | Indianapolis, IN | 64% | $58,759 | $24,018 | $27,000 | 0.46x |
| 39 | [Saint Mary-of-the-Woods College](https://www.collegeranker.com/colleges/saint-mary-of-the-woods-college) | Saint Mary of the Woods, IN | 49% | $43,845 | $31,872 | $19,512 | 0.45x |
| 40 | [Calumet College of Saint Joseph](https://www.collegeranker.com/colleges/calumet-college-of-saint-joseph) | Whiting, IN | 26% | $46,945 | $22,451 | $21,534 | 0.46x |

## Data Sources

- U.S. Department of Education College Scorecard (https://collegescorecard.ed.gov)
- Opportunity Insights Mobility Report Card (https://opportunityinsights.org/data)
- Opportunity Insights Social Capital Atlas
- Times Higher Education World University Rankings
- NCES IPEDS

## Citation

CollegeRanker. "Best Business Colleges in Indiana." CollegeRanker.com, 2026-05-31. https://www.collegeranker.com/rankings/best-business-indiana

## License

This data summary is provided for informational purposes. Underlying data from federal sources (College Scorecard, IPEDS) is public domain. Opportunity Insights data is available under their data use agreement at https://opportunityinsights.org/data/.