Businesses don’t just make organizational decisions by picking from a hat. In a successful business, or any other type of organization, for that matter, decision-making must be propelled by evidence.
Sponsored School(s)
In a modern organization that means harnessing and utilizing the power of data. One aspect of this type of data science is called business analytics, and companies all over the world are in increasing need of professionals with the technical and mental skills necessary to gather data and understand what it might mean about the future of an organization.
Fortunately for students in Indiana, there are several options for completing advanced education in business analytics. Master’s degrees are critical for most senior jobs in business analytics, and even some entry-level ones.
SEE ALSO: 20+ Online Masters in Business Analytics Ranking
We wanted to understand which programs in the state are the best investments for future business analysts, so we compared the 15 colleges and universities in the state that have business schools accredited by the Association to Advance Collegiate Schools of Business (AACSB), weighing them across key factors like cost, flexibility and more.
Our Selection Criteria
- Reputation: How the university and program is thought of by its peers.
- Credibility: How well the program ranks in major degree rating publications.
- Flexibility: How flexible the program is in terms of online class times, time to complete degree, etc.
- Value: Comparison of the quality of education to cost.
Programs in This Section
- Ball State University
- Purdue University Fort Wayne
- University of Southern Indiana
- Purdue University West Lafayette
- Indiana University
#1. Ball State University
2000 W. University Ave. Muncie, IN 47306
Business Analytics Degree:
- MBA in Business Analytics
Other Applicable Degrees:
- Online MBA in Artificial Intelligence, Online MBA in Finance, Online MBA in Information Technology Leadership, Online MBA in Logistics and Supply Chain Management
Program Description:
Low overall tuition costs and maximum flexibility propelled Ball State University’s MBA in Business Analytics to the top of our list. Students have the option to attend full-time or part-time, and they can complete their degrees entirely online, entirely on-campus or through a combination of both. Other MBA concentrations offered in Ball State’s MBA program that may be relevant to analytics-minded applicants include artificial intelligence, logistics and supply chain management, and finance.
Degree Details:
Accreditation
AACSB
Admissions
Bachelor’s degree, minimum 2.75 undergraduate GPA; GMAT or GRE required; English proficiency scores required for international applicants
Tuition
$15,266 online in-state, $22,747 online out-of-state; $14,416 traditional in-state, $39,747 traditional out-of-state (34 credits for most students, up to 43, depending on transcripts)
Online?
Yes (traditional, hybrid optional)
Visit School
https://www.bsu.edu/academics/collegesanddepartments/mba/masters-degree
#2. Purdue University Fort Wayne
2101 E. Coliseum Blvd., Fort Wayne, IN 46805
Business Analytics Degree:
- MBA in Business Analytics
Other Applicable Degrees:
- MBA in Finance
Program Description:
Purdue University Fort Wayne’s Doermer School of Business is home to a hybrid MBA in Business Analytics that’s among the most affordable in the country, securing it a place on our list of finalists. Most students will be able to complete their training in about two years, and the degree is offered in two tracks, business analytics and finance.
Degree Details:
Accreditation
AACSB
Admissions
Bachelor’s degree; GMAT required; English proficiency score required for international applicants
Tuition
$16,272 in-state; $32580 out-of-state (36 credits)
Online?
Hybrid
Visit School
https://www.pfw.edu/departments/business/depts/mba/graduate-programs/mba-plus/
#3. Purdue University West Lafayette
403 W. State St., West Lafayette, IN 47907
Business Analytics Degree:
- Master of Science in Business Analytics
Other Applicable Degrees:
- Online MBA, Online Master of Science in Economics, Master of Science in Business Analytics and Information Management (on-campus)
Program Description:
Purdue’s flagship campus in West Lafayette offers an online-only Master of Science in Business Analytics. The STEM-designated program reflects Purdue’s technology roots with a curriculum centered around hard skills; relevant coursework includes Spreadsheet Modeling and Simulation and Python Programming.
Degree Details:
Accreditation
AACSB
Admissions
Bachelor’s degree; GMAT required; English proficiency scores required for international applicants
Tuition
$30,564 in-state, $32,064 out-of-state (30 credits)
Online?
Yes
Visit School
https://krannert.purdue.edu/online/ms-business-analytics/
#4. University of Southern Indiana
8600 University Blvd., Evansville, IN 47712
Business Analytics Degree:
- MBA in Data Analytics
Other Applicable Degrees:
- Online MBA in Project Management, Online MBA in Human Resources, Hybrid MBA
Program Description:
The University of Southern Indiana offers an online-only MBA in Data Analytics that’s designed to be completed in just one year by highly motivated students. Other notable online MBA concentrations include project management and human resources.
Degree Details:
Accreditation
AACSB
Admissions
Bachelor’s degree, minimum 2.5 undergraduate GPA; GMAT or GRE required; English proficiency scores required for international applicants
Tuition
$12,900 (30 credits)
Online?
Yes
Visit School
https://online.usi.edu/degrees/business/mba/data-analytics/
#5. Indiana University
940 E. Seventh St., Bloomington, IN 47405-7108
Business Analytics Degree:
- Master of Science in Business Analytics
Other Applicable Degrees:
- Online MBA, Online Master of Science in Entrepreneurship and Innovation, Master of Science in Marketing, Master of Science in Information Systems (on-campus)
Program Description:
Indiana University’s Kelley School of Business is home to the final program on our list, an online-exclusive Master of Science in Business Analytics. The degree is the most expensive on the list, but students may be able to get in and out of the program in just over a year, helping reduce the impact on their careers and lives.
Degree Details:
Accreditation
AACSB
Admissions
Bachelor’s degree; GMAT or GRE required; English proficiency scores required for international applicants
Tuition
$41,400 (30 credits)
Online?
Yes
Visit School
https://kelley.iu.edu/programs/online/degrees/ms-business-analytics/index.cshtml