Rankings / By State
Best Master's Programs in Indiana
Find Your Program
Explore Accredited Programs in This Field
Find accredited programs in this field accepting applicants.
✓ Accredited programs ✓ 100% free ✓ No obligation
When considering a master's program in Indiana, prospective students face a range of options across 46 schools. These programs share a focus on graduate outcomes, which can significantly impact future earnings and career success. The right choice can lead to a more stable financial future and strong professional connections.
What makes some programs stand out more than others are their graduate earnings, completion rates, and student debt levels. For instance, the average earnings for graduates in this list is $54,866, while the overall graduation rate averages 57%. This data helps illustrate which programs not only graduate students but also help them achieve solid financial outcomes post-graduation.
Take the University of Notre Dame, for example, which tops the list with impressive earnings of $99,980 and a graduation rate of 96%. In contrast, Purdue University Northwest has a much lower earning average of $48,318 and a graduation rate of just 43%. The stark difference in these metrics highlights the importance of choosing a program that aligns with your career goals and financial expectations.
Key Findings
University of Notre Dame graduates earn an average of $99,980, the highest in Indiana.
Purdue University Northwest has a graduation rate of only 43%, significantly below the state average of 57%.
The average debt load for DePauw University graduates is $27,000, higher than the Indiana average of $19,000.
Indiana University-Bloomington has a net price of $16,264, making it more affordable compared to other top programs.
Quick Numbers
Earnings vs. Cost
Each dot is a ranked school. Up = higher earnings. Right = higher cost. Top-left is the best value.
Graduation Rates
Longer bars = higher graduation rate.
Top 3
University of Notre Dame
Notre Dame, IN
View full profile →
DePauw University
Greencastle, IN
View full profile →
Purdue University-Main Campus
West Lafayette, IN
View full profile →
Sponsored
Featured Programs From Accredited Schools
Accredited schools accepting applicants in this field.
Full Rankings
University of Notre Dame
Notre Dame, IN · 8,818 students · Private nonprofit
DePauw University
Greencastle, IN · 1,905 students · Private nonprofit
Purdue University-Main Campus
West Lafayette, IN · 44,503 students · Public
Ball State University
Muncie, IN · 13,988 students · Public
University of Southern Indiana
Evansville, IN · 5,292 students · Public
University of Evansville
Evansville, IN · 1,539 students · Private nonprofit
Goshen College
Goshen, IN · 773 students · Private nonprofit
Valparaiso University
Valparaiso, IN · 2,083 students · Private nonprofit
Grace College and Theological Seminary
Winona Lake, IN · 1,464 students · Private nonprofit
Wabash College
Crawfordsville, IN · 866 students · Private nonprofit
Huntington University
Huntington, IN · 1,082 students · Private nonprofit
Butler University
Indianapolis, IN · 4,317 students · Private nonprofit
Oakland City University
Oakland City, IN · 499 students · Private nonprofit
Earlham College
Richmond, IN · 670 students · Private nonprofit
Taylor University
Upland, IN · 2,025 students · Private nonprofit
Indiana University-Bloomington
Bloomington, IN · 37,806 students · Public
Hanover College
Hanover, IN · 1,031 students · Private nonprofit
Indiana State University
Terre Haute, IN · 6,188 students · Public
Saint Mary's College
Notre Dame, IN · 1,458 students · Private nonprofit
University of Indianapolis
Indianapolis, IN · 3,005 students · Private nonprofit
Indiana University-Indianapolis
Indianapolis, IN · 13,830 students · Public
Indiana University-Kokomo
Kokomo, IN · 2,352 students · Public
Purdue University Northwest
Hammond, IN · 5,671 students · Public
Manchester University
North Manchester, IN · 936 students · Private nonprofit
Vincennes University
Vincennes, IN · 3,657 students · Public
Trine University
Angola, IN · 2,324 students · Private nonprofit
Rose-Hulman Institute of Technology
Terre Haute, IN · 2,309 students · Private nonprofit
Indiana University-Southeast
New Albany, IN · 3,170 students · Public
Indiana University-East
Richmond, IN · 2,589 students · Public
University of Saint Francis-Fort Wayne
Fort Wayne, IN · 1,567 students · Private nonprofit
Union Bible College
Westfield, IN · 206 students · Private nonprofit
Indiana University-South Bend
South Bend, IN · 3,933 students · Public
Indiana Wesleyan University-Marion
Marion, IN · 1,974 students · Private nonprofit
Franklin College
Franklin, IN · 900 students · Private nonprofit
Purdue University Fort Wayne
Fort Wayne, IN · 5,484 students · Public
Indiana University-Northwest
Gary, IN · 2,661 students · Public
Bethel University
Mishawaka, IN · 1,008 students · Private nonprofit
Indiana Institute of Technology
Fort Wayne, IN · 1,441 students · Private nonprofit
Indiana Wesleyan University-National & Global
Marion, IN · 6,656 students · Private nonprofit
Holy Cross College
Notre Dame, IN · 639 students · Private nonprofit
Marian University
Indianapolis, IN · 2,266 students · Private nonprofit
Anderson University
Anderson, IN · 1,057 students · Private nonprofit
Saint Mary-of-the-Woods College
Saint Mary of the Woods, IN · 853 students · Private nonprofit
Purdue University Global
West Lafayette, IN · 30,828 students · Public
Indiana Institute of Technology-College of Professional Studies
Fort Wayne, IN · 2,686 students · Private nonprofit
Calumet College of Saint Joseph
Whiting, IN · 529 students · Private nonprofit
In examining the data, it's clear that the University of Notre Dame significantly outperforms Purdue University Northwest in crucial metrics. Notre Dame's graduates enjoy an average salary of $99,980 and boast a 96% graduation rate. In contrast, Purdue Northwest's graduates earn just $48,318, with a troubling 43% graduation rate. This discrepancy underscores how a stronger program can lead to better financial stability and higher completion rates.
After reviewing these schools, consider your own priorities when weighing this data. Think about factors like location, program fit, and campus culture. For instance, if you prioritize lower debt, Purdue University Northwest stands out with a net price of $6,079. However, you may need to weigh that against its lower earning potential. Determine what matters most to you in your educational journey, and let that guide your decision.
Ultimately, this data highlights the critical link between education and financial well-being. Choosing the right master's program can set the course for a stable future, impacting not just individual lives but entire families. One decision can influence your financial trajectory for years to come, making it essential to consider these outcomes seriously before committing to a program.
Data Sources
U.S. Dept of Education College Scorecard
Opportunity Insights Mobility Report Card
Social Capital Atlas
Times Higher Education World Rankings
NCES IPEDS
Sources & Citations
David Krug
Co-Founder, CollegeRanker
David Krug is the co-founder of CollegeRanker and a data systems architect focused on making institutional research accessible to families. He builds the data pipelines and ranking algorithms that power CollegeRanker, drawing from federal datasets and Raj Chetty's Opportunity Insights research to measure what traditional rankings ignore: whether a college actually changes a family's economic trajectory.
Related Rankings