As much as Institutions across the state have embraced distance education and expanded their online MBA offerings, bringing comprehensive programs to students across the country has become almost the first priority in Indiana.
With several top Indian universities and colleges, including MBA courses in their program, many students now opt for this respected course.
This article will give you the information on what an MBA degree is, how to get one, and also, 13 Cheapest online MBA programs in Indiana.
What is an MBA Degree
The Term ‘MBA’ is an acronym for Masters in Business Administration. An MBA degree is an internationally recognized degree that aims to develop the skills required for careers in the areas of management and business. According to Investopedia, an MBA is a graduate degree earned at a university that provides theoretical and practical training to help graduates gain a better understanding of general business management functions. Generally, the MBA degree can have a specific focus in fields such as Management, accounting, finance, or marketing. However, the value of the MBA is not strictly limited to the business world. An MBA can also be useful for those pursuing a management career in the public sector, government, private sector, and other fields.
Why Choose MBA?
An MBA helps you develop management skills. Assists you in connecting with a larger business network. Getting a higher salary and better opportunities for working professionals. Start your own company. The importance of an MBA degree in Indiana especially one earned from the top MBA colleges, cannot be overemphasized. Below are some of the notable reasons why an MBA degree is important:
The cheapest online MBA Programs in Indiana
There are several top Online MBA Programs and also universities that offer MBA courses in India. However, for the purpose of this article, I will be writing on the 13 cheapest online MBA Programs in Indiana. The ranking of these top Cheapest online MBA programs in Indiana is Derived from Online MBA and was considered the cheapest. List of 13 Cheapest online MBA Programs in Indiana
#1 Trine University
Established over 130 years ago in Angola, Indiana, Trine University offers an online master’s of business administration. Focusing on advanced business concepts and finance, this online master’s degree gives students skills in negotiation, marketing, communication, and corporate strategy. Many of the courses offer a global perspective, allowing students more career opportunities after graduation. The 30-credit Indiana University online MBA offers a blend of asynchronous and synchronous online classes. Online students receive access to the school’s online library, academic success center, and specialized career counseling from the career services department. Though there are no residency requirements, students can turn the degree into a hybrid program by enrolling in on-campus classes. While the admissions department prefers a bachelor’s degree in business, it is not mandatory for admission. Students with a degree in another field may be required to take prerequisite courses.
#2. Huntington University
Chartered in 1897, Huntington University offers more than 70 programs, including an online masters of business administration. The project-based program prepares graduates for the real world by giving them practical experience and applicable skills. Students can complete the entire degree in less than two years. Learners also benefit from the school’s career services and post-graduate preparation. The 36-credit program includes a 10-12 day global business study tour of Europe, which is included in the Indiana university online MBA cost of tuition. This is the only residency requirement in the program. The majority of online classes run asynchronously to allow for schedule flexibility. Applicants should possess a 3.0 GPA. Huntington University accepts up to six transfer credits, as long as each credit carries a 2.67 GPA.
#3. Goshen College
Goshen College’s 36-credit online master’s of business administration promotes and fosters leadership skills and global citizenry. Students may specialize in one of three concentrations: accounting and financial management, leadership, and sustainability management. Learners can also create their own concentrations. The cohort-based program begins every fall. The curriculum features a four-day residency on the Goshen campus and a one-week residency in Costa Rica. Each class runs for six weeks and incorporates both synchronous and asynchronous study. Once enrolled, students can complete this Indiana university online MBA degree in 22 months to four years. Applicants must have a bachelor’s degree and strong written and computer skills. The program accepts up to six transfer credits from another master’s degree.
#4. University of Saint Francis – Fort Wayne
Founded in 1890 in Fort Wayne, the University of Saint Francis maintains a virtual campus for students around the world. The online master’s of business administration, a program accredited by the Association of Collegiate Business School and Programs (ACBSP), provides graduates with an advanced understanding of complex business principles. The 36-credit degree can be completed in less than one year if students take two classes during each eight-week session. Part-time students taking one class each session can complete the degree in less than 24 months. With six start dates each year and asynchronous classes, students enjoy a flexible schedule. USF accepts up to 15 credits from other institutions and up to 18 credits from USF graduates. To graduate, students must complete all degree requirements with a 3.0 GPA. Distance learners can access online tutoring.
#5. Oakland City University
Founded in 1885, Oakland City University offers a variety of online degrees, including the master’s of business administration. In addition to the general online MBA degree, the 33-credit hour program features an optional healthcare specialization. Each class runs for five weeks. In total, students can complete the program in less than 18 months. Courses follow an asynchronous format. Online students have access to student services, career resources, and academic support. OCU boasts one of the more hospitable transfer policies among online MBA programs Indiana, accepting up to 33% of required credits. For successful admission, applicants must have two years of leadership experience and a bachelor’s degree with a 2.5 GPA. To graduate, students must maintain a 2.7 GPA.
#6. Indiana Wesleyan University
Indiana Wesleyan University began offering degree programs from its residential campus in Marion in 1920. Sixty-five years later, the institution began offering innovative education programs, allowing students to study in different formats. Today, the school offers more than 90 online degrees, including an online master’s of business administration. This 42-credit degree focuses on critical analysis and complex problem-solving. In addition to the general program, this Indiana university online MBA degree offers concentrations in healthcare administration, financial planning, project management, and school administration. Students move through courses as part of a cohort. The accelerated classes allow students to complete the entire degree in 18-26 months. IWU accepts up to six transfer credits. Applicants must possess a bachelor’s degree with a 2.5 GPA in order to be admitted. To graduate, students must complete the program with a 3.0 GPA in all courses, including the three-credit capstone project.
#7. University of Southern Indiana
In addition to the many degree programs held on the 1,400-acre Evansville campus, the University of Southern Indiana hosts online options, including the master’s of business administration. With five concentrations available in the areas of accounting, human resources, data analytics, engineering management, and healthcare administration, students can create a degree tailored to their career interests. The 30-credit degree offers six start dates throughout the year and can be completed in less than one year. The accelerated classes run asynchronously. This Indiana university online MBA does not feature any residency components. Students may transfer up to 12 credits from another graduate degree program. Applicants must possess a bachelor’s degree with a 2.5 GPA, plus a score of 500 or higher on the GMAT. Students receive online educational, career, and financial support. The online MBA program is accredited by the Association to Advance Collegiate Schools of Business (AACSB).
#8. Indiana Institute of Technology
Based in Fort Wayne, the Indiana Institute of Technology offers students an online master’s of business administration with a concentration in accounting. The 42-credit curriculum includes a six-credit capstone and the Becker Certified Public Accountant (CPA) Review, satisfying the prerequisites for the CPA exam. This Indiana online MBA program provides learners with advanced understanding of government, nonprofit accounting, and fraud examination. The curriculum features accelerated classes, which typically span six- or eight-week sessions. The program offers eight start dates throughout the year. Applicants must possess two years of work experience and a bachelor’s degree with a 2.5 GPA. Additionally, applicants must hold 24 undergraduate credits in accounting and 24 credits in business. These credits should include courses in the principles of management, marketing, and finance
#9. Grace College & Theological Seminary
Established in 1948, the Grace College & Theological Seminary in Winona Lake offers an online master’s of business administration that allows students to develop an advanced understanding of business from a biblical perspective. The 36-credit program offers start dates every fall and winter. The program groups students into cohorts and provides the opportunity for collaborative online learning experiences. This Indiana university online MBA provides both synchronous and asynchronous classes for online students. Most classes feature eight-week sessions, though some require up to 12 weeks to complete. While enrolled in the program, online learners have access to the digital library, career services, and student success center. For admission, students need an undergraduate degree with a 2.75 GPA. Although the college prefers a business degree, it is not mandatory. Applicants with an undergraduate degree in another field may be required to complete additional assessments and/or prerequisites.
#10. Bethel College – Indiana
A Christian institution founded in 1947 in Mishawaka, Bethel College offers an online master’s of business administration for students seeking an advanced business degree with a leadership emphasis. The 36-credit degree program provides flexibility and allows students to organize their courses around their schedules. Online students at Bethel can choose from six start dates. With sessions running for seven weeks and multiple courses offered each session, learners can complete their entire degree in less than two years. Though most courses run asynchronously, some courses do require scheduled class times. For admission into this Indiana university online MBA, learners need a 2.5 GPA from a bachelor’s degree program and two years’ work experience. Some students may also need to complete an undergraduate prerequisite course in accounting. Students may transfer in up to nine credits. In addition to career services, online students have access to academic coaching resources and tutoring services.
#11. Ball State University
Originated in the 19th century as a teacher training school, Ball State University in Muncie, Indiana offers more than 300 degrees, including 70 online degrees and certificates. The online master’s of business administration, which is accredited by the Association to Advance Collegiate Schools of Business (AACSB), provides students with the ability to create their own schedules and degree specializations. With an overall focus on decision-making, this Indiana online MBA offers a general track and five concentrations. Students with a degree in business need 30-33 credits to graduate, while those without a business degree need up to 51 credits to graduate. BSU offers start dates in the spring, summer, and fall. Students can choose between part-time or full-time study. Most students take two courses per semester and finish the degree within two years. With no residency requirements for the online MBA degree, students can complete the program from the comfort of their own homes. While most of the classes run synchronously with scheduled webcasts, some classes run asynchronously, which provides even more flexibility.
#12. Anderson University
Founded in 1917 as a Bible training school, Anderson University, now a private liberal arts institution, offers learners an online masters of business administration with a focus on practical application. The online MBA is accredited by the Accreditation Council for Business Schools and Programs (ACBSP). The 37-credit hour, the broad-based degree includes optional concentrations in eight different disciplines. Each concentration requires learners to take an additional four credit hours. While most students take two classes at once, the non-cohort program allows students to create flexible schedules while completing their degrees in less than two years. Online classes run synchronously as part of the institution’s 15-week semesters. Prior to beginning this Indiana University online MBA program, students must complete an online introductory class. AU requires graduates to maintain a 3.0 GPA and offers in-depth career services assistance for all students. While the online MBA does not include in-person components, learners can switch to the residential program at any of the campus locations should they desire in-person instruction.
#13. Purdue University
Founded in 1917 as a Bible training school, Anderson University, now a private liberal arts institution, offers learners an online masters of business administration with a focus on practical application. The online MBA is accredited by the Accreditation Council for Business Schools and Programs (ACBSP). The 37-credit hour, the broad-based degree includes optional concentrations in eight different disciplines. Each concentration requires learners to take an additional four credit hours. While most students take two classes at once, the non-cohort program allows students to create flexible schedules while completing their degrees in less than two years. Online classes run synchronously as part of the institution’s 15-week semesters. Prior to beginning this Indiana University online MBA program, students must complete an online introductory class. AU requires graduates to maintain a 3.0 GPA and offers in-depth career services assistance for all students. While the online MBA does not include in-person components, learners can switch to the residential program at any of the campus locations should they desire in-person instruction.
Conclusion
A Master in Business Administration degree (MBA) is one of the most popular professional degrees in the world and Indiana is not an exception. Due to this, several universities now offer MBA programs as part of their curriculum. This article will help you to choose and make decisions from the list of the 13 Cheapest online MBA Program in Indiana I hope you find this helpful. Good Luck!!!
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