MBA - Indiana State University


Program Description

The Master of Business Administration (MBA) program at Indiana State University provides you with a highly respected, affordable, flexible, and powerful advanced business degree with top accreditation. You will learn best practices in domestic and global business from scholars with advanced academic qualifications who excel in the classroom with students. Best of all, you can do this in an affordable program that delivers great value to you!

Students are clearly at the center of focus in the MBA program in Indiana State University’s Scott College of Business. Supportive and innovative faculty, cutting-edge technology, and high-quality, challenging learning experiences help you gain the knowledge, skills, and confidence you need for increased responsibility and career advancement.

The Indiana State University MBA and all undergraduate business programs are accredited by AACSB - International, and the Princeton Review has cited the Scott College of Business MBA program as among the nation’s best for nine years in a row!


The MBA is offered for full-time students as well as part-time students with its schedule of evening classes. You have the flexibility to choose a class schedule that suits your lifestyle and responsibilities.


MBA classes are held in Federal Hall on Indiana State University’s campus in Terre Haute, Indiana. Each class typically meets one night per week (Monday through Thursday) from 6:00 to 8:45 pm.

All classes are delivered in-person. The Scott College of Business does not offer an online MBA program.


Individuals who participate in the MBA program at Indiana State University will receive quality, graduate-level preparation for a career as a manager or business professional in an ever-changing environment. The program emphasizes both theory and practice and develops skills in problem-solving, strategic thinking, and the management of organizational change.

The MBA program at Indiana State University is targeted at individuals who hold an undergraduate degree, who are seeking advanced business knowledge and skills necessary for increased responsibility and career advancement.


  • Problem Solving: Each student will be able to systematically diagnose problems and/or opportunities, especially in business settings, and develop alternative courses of actions to resolve the problems or take advantage of the opportunity.
  • Strategic Thinking: Each student will have an understanding of long-range/strategic management and will be able to develop, implement, assess, and refine a strategic plan in a business setting.
  • Organizational Change: Each student will be able to systematically diagnose an organization's environment and operations to identify needed changes and to develop plans to successfully implement those changes in ways that achieve the organization's goal(s).
  • International/Global: Each student will have an understanding of global influences on business decisions/plans and/or develop plans for managing a business in a global environment.
  • Workgroup Functioning: Each student will be able to contribute to the success of his/her workgroup by occupying a leadership role and/or as a team member.


Fewer than five percent of institutions have programs accredited by the Association to Advance Collegiate Schools of Business (AACSB) International – the highest standard of achievement for business schools. In the United States, less than 25 percent of business programs can claim AACSB International accreditation, and Indiana State is one of them. This distinction not only indicates the kind of quality you can expect in the program, it also differentiates you from others on the job market. The Scott College MBA has also been recognized as a "Nation’s Best" program by the Princeton Review for nine years in a row.


When you enroll in the MBA program at Indiana State University, you will receive quality, graduate-level preparation for a career as a business professional. Many graduates go on to successful careers as executives in small, medium, or large business in both the for-profit and not-for-profit sectors. Graduates of the MBA program often enter companies at the management level and escalate to positions such as:

  • Chief Executive Officer
  • Chief Operating Officer
  • Chief Marketing Officer
  • Chief Financial Officer
  • Chief Human Resources Officer
  • Chief Information Officer
  • Senior Analyst/Director
  • Entrepreneur/Business Owner


The MBA program is open to anyone holding (or anticipating) a bachelor's degree from an accredited institution. A statistics course is a prerequisite for the MBA curriculum.

Any inquiries should be directed to


In order to be considered for admission, you must:

  • Submit a completed application
  • Pay the application fee
  • Submit a GMAT Score
  • Submit official transcripts of all academic work

All students seeking admission to the MBA Program should apply to and be accepted by the College of Graduate and Professional Studies and the MBA Program at Indiana State University. International applicants must meet the University requirements for English proficiency and provide proof of financial support.


The MBA Program does not have application deadlines; applications are accepted year-round and you may begin any semester. Typically, processing takes less than 30 days. Early application is encouraged!


Once an application is complete, an admission decision will be made. Admissions decisions are based upon the applicant’s undergraduate (and graduate, if any) performance and GMAT score. In some cases, a personal interview and/or letters of reference may be requested to support your application.



The cost of attending the Scott College of Business MBA program will vary, depending on the student’s residency status. Generally, students will be responsible for paying:

  • Tuition
  • MBA program fee of $129 per credit hour
  • Recreation Center fee each semester
  • Any other university fees

For current rates, please visit tuition and fees. Tuition and fees do not include books, housing, or other living expenses.



Graduate assistantships are available on a competitive basis. Students who are awarded graduate assistantships may have their assistantship renewed each semester.

What is a graduate assistantship?

Scott College of Business graduate assistants undertakes a variety of duties in the College and University. These duties may include department faculty teaching support, working in Scott College of Business administrative offices, working with the College’s Small Business Development Center, support of faculty research, or other duties as assigned.

Most assistantships are normally awarded in May for the following fall. A small number of assistantships may be awarded in December for the spring term, although these are subject to availability. Summer assistantships are unusual. Generally, an assistantship represents a commitment of 10 or 20 hours per week.

Funding for assistantships is provided on a per-semester basis. The stipend for a graduate assistantship can be as much as $8,000 per year. It also includes a waiver of some or all tuition. Some university and MBA program fees cannot be waived.

How do I apply for a graduate assistantship?

In order to be eligible for a graduate assistantship through the Scott College of Business MBA program, students must:

  • Have regular admission status with the College of Graduate and Professional Studies and the MBA Program.
  • Be enrolled as a full-time student in the MBA program (9 credit hours).
  • Have at least a 3.0 undergraduate grade point average or a 3.6-grade point average in 12 hours of graduate work.

Once a regular admission is received, the admitted student should notify the Graduate Programs Office in the Scott College of Business of their wish to be considered for a graduate assistantship. Timely submission of your complete application will allow us to fully consider your credentials. The Graduate Programs Office will not evaluate a request for a graduate assistantship until the student has been accepted into the MBA program.

Last updated Dec 2017

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About the School

The American Consortium of Universities (ACU) facilitates international student admission to graduate and undergraduate programs at its member institutions, which offer a wide range of excellent acade ... Read More

The American Consortium of Universities (ACU) facilitates international student admission to graduate and undergraduate programs at its member institutions, which offer a wide range of excellent academic programs and services. Assistance to students in achieving fluency in English and adjusting to the new academic and cultural environment is provided by the INTERLINK centers on each campus. Read less
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