MBA Programs in Indianapolis IN

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Not in Indianapolis? Check out our lists of MBA Programs in Carmel, Evansville, Fishers, Fort Wayne, South Bend, and across Indiana.

Looking to advance your career with an MBA and considering Indianapolis as your destination?

Explore the top MBA programs in Indianapolis, IN, known for their flexibility, industry connections, and expert faculty.

Whether you prefer in-person or online learning, these programs offer unique benefits tailored to your professional growth.

Here’s a breakdown of the best options to elevate your career in business management.

Butler University – MBA Program

The Butler University MBA program in Indianapolis offers a flexible and personalized approach to business education. It stands out by not limiting students to a cohort system, allowing you to progress at your own pace. The curriculum prioritizes experiential learning through practical experiences like the Gateway Experience and the Capstone project.

Key Features

  • Personalized Learning Path: You have the flexibility to tailor your MBA journey to match your career goals.
  • Experiential Learning: Gain hands-on, real-world experience through projects and internships.
  • Personalized Leadership Coaching: Benefit from individualized guidance and career planning.
  • Flexible Learning Options: Choose from on-campus or online classes to fit your schedule.
  • AACSB Accreditation: Ensures high academic standards and quality education.

Students typically complete the program in 2.5 years but can take up to five years. This combination of flexibility, personal coaching, and practical learning makes Butler’s MBA a strong contender for those looking to enhance their business skills while managing other commitments.

Kelley School of Business – Evening MBA Program

The Evening MBA program at Kelley School of Business in Indianapolis is a highly ranked option for working professionals. Located in Indianapolis, this program offers ample resources and a hybrid model that combines online and in-person learning.

Highlights

  • Top Ranking: Recognized as the #1 part-time MBA in Indiana by U.S. News & World Report in 2025.
  • Flexible Scheduling: Hybrid format suited for working professionals.
  • Specialized Majors: Choose from finance, management & entrepreneurship, marketing, and supply chain management.
  • Capstone Experience: Work on real-world projects with companies, gaining invaluable experience.
  • Affordable Tuition: One of the most budget-friendly top-ranked part-time MBA programs, with scholarship opportunities available.
  • Strong Networking: Leverage partnerships with top Indiana businesses for professional growth.

The combination of high-ranking, flexible options, and practical experience makes Kelley’s Evening MBA a premium choice for those balancing work and study.

Indiana University Kelley School of Business – Full-Time MBA Program

If you’re seeking an immersive experience, the Full-Time MBA program at Kelley School of Business might be the right fit. Located in Indianapolis, the program is tailored for those who want to improve their business acumen with a strong focus on finance, marketing, and quantitative analysis.

Unique Aspects

  • Small Class Sizes: Classes with 125 to 200 students for individualized attention.
  • Professional Development: Participate in the Me, Inc. workshop – a three-week immersive professional experience.
  • Flexible Curriculum: Customize your learning through various majors, minors, and certificates.
  • High ROI: Graduates consistently see significant returns on their investment.
  • Affordability: Benefit from the cost-effective living in Bloomington, enhancing the overall experience.

The Kelley Full-Time MBA provides a robust education, comprehensive professional development, and strong career outcomes, making it a significant investment in your future.

Kelley School of Business – Kelley Direct Online MBA

For those who need ultimate flexibility, the Kelley Direct Online MBA from the Kelley School of Business offers a highly ranked and customizable program. This online format allows you to manage your studies around your personal and professional life.

Important Features

  • Comprehensive Customization: Choose from seven majors and numerous electives.
  • High Standards: Median GMAT score of 670 and an average post-graduation salary of $143,000.
  • Diversity: Inclusive environment with substantial female representation and students with advanced degrees.
  • Flexible Learning: Innovative online platform designed to fit your schedule.
  • Career Advancement: Many students experience career progress even during the program.

The Kelley Direct Online MBA offers flexibility, customization, and a strong reputation, making it ideal for professionals aiming to advance their careers or switch paths.

Indiana University School of Dentistry – Doctor of Dental Surgery (D.D.S.) / Master of Business Administration (M.B.A.) Dual Degree Program

Indiana University provides a unique opportunity with their dual degree program where dental students can earn both a D.D.S. and an MBA from the Kelley School of Business. This program integrates business foundations with a healthcare focus, preparing you for leadership roles in dentistry.

Salient Features

  • Concurrent Degrees: Allows simultaneous completion of both degrees by the end of the fourth year.
  • Career Enhancement: Equips you with business acumen and leadership skills tailored to the dental industry.
  • Admission Criteria: Admission requires meeting standards for both D.D.S. and MBA programs.
  • Detailed Guidance: Specifics about applications and program structure can be obtained from the School of Dentistry’s Office of Student Affairs and Admissions.

For those pursuing a dual expertise in dentistry and business management, this program offers an excellent pathway to leadership roles within the healthcare industry.

Indiana State University – Professional MBA Program

The Professional MBA program at Indiana State University is tailored for working professionals with five or more years of experience. This 21-month, cohort-based program is ideal for those seeking to deepen their management skills while continuing their careers. Here’s how this program stands out:

  • Evening Classes: Meet once a week in Westfield, IN, allowing you to balance work and study effectively.
  • AACSB Accreditation: Ensures high-quality education standards and a respected credential.
  • Comprehensive Curriculum: Focuses on business tools, integrative seminars, special topics, and a culminating experience.
  • All-Inclusive Fee: Approximately $30,000 covers tuition, textbooks, technology services, and other essentials.
  • No GMAT Requirement: Connects practical learning with networking opportunities, hence it’s more accessible.

Recognized by Princeton Review and U.S. News & World Report, the program offers a robust educational experience, merging theory with practical skills to prepare you for leadership roles.

Purdue University – Online MBA

Purdue University’s Online MBA offers an innovative program emphasizing data and technology-driven decision-making.

Key features of this program include:

  • Specializations: Choose from areas like Business Analytics and Machine Learning.
  • No GMAT/GRE Requirement: While quantitative aptitude is necessary, exams are not mandatory.
  • Tuition and Scholarships: Tuition reductions and scholarships are available, making the program affordable.
  • Flexible Learning: Designed to fit around your schedule, ideal for working professionals.

Ranked #9 Online MBA in North America and #7 for Best Value, Purdue’s Online MBA connects you with esteemed faculty and a diverse international network, ensuring quality education and valuable networking.

Indiana University – JD/MBA Program

Indiana University’s JD/MBA program lets you earn a Juris Doctor from the Maurer School of Law and an MBA from the Kelley School of Business.

Key aspects of this dual degree include:

  • Flexible Duration: Complete both degrees in three or four years.
  • Comprehensive Curriculum: Requires 79 credit hours in law and 42 in business.
  • Strategic Location: Proximity of both schools allows interdisciplinary activities and networking.
  • Accelerated Option: A three-year completion option is available.

This dual degree bridges legal and business education, preparing you for versatile career opportunities in both fields.

How to Choose the Best MBA Program in Indianapolis

Choosing the right MBA program can significantly impact your career. Here’s how to make an informed decision:

  1. Accreditation: Seek programs accredited by AACSB for reputable and high-quality education.
  2. Program Flexibility: Determine whether you prefer on-campus, online, or hybrid learning formats.
  3. Faculty Expertise: Look for experienced faculty with industry expertise.
  4. Networking Opportunities: Programs with strong industry partnerships can offer valuable connections.
  5. Costs: Evaluate tuition, availability of scholarships, and potential ROI.
  6. Curriculum: Ensure it aligns with your career goals and offers relevant specializations.

Consider these factors to choose an MBA program in Indianapolis, IN, that best fits your professional and personal aspirations.

Conclusion

Indianapolis offers a variety of MBA programs to suit different career goals and learning preferences. From the flexible Butler MBA to the innovative Purdue Online MBA, each program provides unique advantages to help you succeed.

Explore these programs to find the best fit for your career aspirations and take the next step in your professional journey.

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