Business Administration (MBA)

On Campus
Online

Advance your business expertise, refine your executive skills, and expand your professional network with the Scott College Master of Business Administration (MBA) at Indiana State University.

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Program Availability

The on-campus and online Scott MBA is open to U.S. and international students who hold (or anticipate) a bachelor’s degree, and who satisfy the program’s prerequisite academic coursework.

Admission Requirements

GMAT/GRE scores are optional and not required for admission to this program.

To be considered for regular admission to the Scott MBA, an applicant must:

  1. Have earned a bachelor's degree and a minimum cumulative grade point average (4.0 scale) that meets one of the following:
  • 2.7 in all undergraduate coursework
  • 3.0 in the last 60 credits of undergraduate coursework
  • 3.0 in the applicant’s major field of study
  • 3.0 in all courses taken at the graduate level (minimum 9 credit hours)
  1. Submit a professional resume and personal statement.
  2. Demonstrate English language proficiency as required by the Office of Graduate Studies (international applications only).

Meeting the minimum requirements listed above does not guarantee admission. An admission decision is based upon all previous academic coursework, resume, and, if required, English language proficiency. In some cases, a statement of purpose, personal interview, and/or letters of reference may be requested to support an application.

Scott MBA Events and virtual meetings

The Scott College of Business offers informational events both on campus and online to learn more about our MBA programs. Check our calendar for upcoming event times and locations, and join us to explore how our MBA programs can help you achieve your career goals!

Attend an event.

Why Earn a Master of Business Administration at Indiana State?

The Scott College Master of Business Administration is nationally recognized by Fortune as one of the best in the country and one of only four programs in Indiana to receive this honor. Our highly respected, affordable, and flexible program is designed to support students in achieving their career goals. With innovative faculty, cutting-edge technology, and unique learning experiences, the Scott MBA offers a transformative education that prepares graduates to excel in today’s dynamic business world. 

Advanced Business Education, Flexible Formats

  • Scott Online MBA: The Scott Online MBA is our most flexible option, designed to fit seamlessly into your busy schedule. With classes offered in an asynchronous online format, you can begin the program in August, October, January, March, or June. Complete the 33-credit program at your own pace, with the option to graduate in as little as 12, 18, or 24 months. The Scott Online MBA empowers you to advance your career on your terms, without compromising your professional and personal commitments.
  • Scott On-campus MBA: The 33-credit Scott On-Campus MBA equips you with the knowledge, skills, and confidence to navigate today’s dynamic business landscape. Our curriculum emphasizes real-world business practices and innovative solutions to complex challenges. Designed for both working professionals and full-time students, the Scott On-Campus MBA offers evening classes and the flexibility to start in the Fall, Spring, or Summer term. Most students complete the program within 18 to 24 months, balancing their professional and personal commitments while advancing their careers.

Experience Excellence with our Renowned Faculty 

Faculty at the Scott College of Business bring a blend of dynamic business experience and scholarly expertise to our practitioner-focused curriculum. They are accessible to students beyond the classroom, providing mentorship, guidance, and support throughout and after the MBA program. Scott faculty members actively collaborate with each other and with industry professionals and organizations, enriching their research, teaching, and community engagement. This network helps students build valuable connections with industry leaders and alumni.

What You’ll Learn in the Scott MBA program

The Scott MBA provides exceptional preparation for a dynamic career in management or business leadership by integrating both theory and practice. Choose between a 30-credit program with six elective credits or a 33-credit program with nine elective credits, allowing you to tailor your degree with a concentration focus.

Throughout the program, you will develop skills in problem-solving, strategic thinking, and managing organizational change while engaging with global business topics. Collaborative projects and teamwork will further enhance your leadership abilities, preparing you for success in today’s complex business environment.

Available Concentrations:

  • Accounting
  • Entrepreneurship
  • Finance
  • Human Resource Development
  • Marketing
  • Operations and Supply Chain Management

On-campus MBA students may also pursue one of our online MBA concentrations, with advisor approval. These include:

  • Educational Leadership
  • Government Affairs
  • Nonprofit Management
  • Public Health

Core MBA Courses

  • Advanced Management Practices
  • Quantitative Problem Solving
  • Accounting for Decision Making
  • Digital Innovation and Information Systems
  • Financial Analysis for Decision Making
  • Managing Global Operations and Supply Chains
  • Strategic Marketing Management
  • Capstone: Dynamic Strategy

Elective courses are selected with your program advisor to ensure they align with your career goals.

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Global Learning Opportunities

Students in the Scott MBA have the unique opportunity to participate in a short-term (10-12 day) study-abroad experience focused on entrepreneurship in an international context. Each May, a group of undergraduate and graduate students travels to a new destination to explore the culture, business environment, and entrepreneurial practices outside the United States.

Past locations have included Brazil, Portugal, Croatia, and India, among others. Please note that additional fees apply for this enriching travel experience.

Tuition and Financial Aid

The Scott MBA gives you a powerful return on investment by combining academic excellence, affordability, flexibility, and desirability. Full tuition information can be found on the Graduate Tuition page.

Actual tuition will depend on several factors, including:

  • The number of credit hours you take during an academic term;
  • When you take a course; and
  • The length of time it takes you to complete your degree.

Scott MBA students may receive financial aid in a variety of ways, including:

Career Opportunities for Scott MBA Graduates

Scott MBA graduates are well-equipped to advance into management roles, pursue specialized career paths, and assume executive leadership positions within top organizations. Our alumni have joined some of the world’s leading companies, including Apple, Boeing, Eli Lilly, Fifth Third Bank, Harvard Business School, Marathon, Pfizer, Rolls-Royce, Salesforce, Toyota, and many others.

In 2023, Scott MBA graduates reported an average annual starting salary of over $82,000, reflecting the high value and impact of our program.

Accreditation

Indiana State University is accredited by the Higher Learning Commission. In addition, all programs in the Scott College of Business are accredited by the Association to Advance Collegiate Schools of Business (AACSB International). http://www.aacsb.edu/.

Additional Admission Information and Application Instructions

Conditional Admission

Students who do not meet the minimum requirements for regular admission may be considered for conditional admission if there is sufficient evidence that the individual is likely to succeed in the program. 

Candidates admitted conditionally will be required to meet the conditions of regular admission within a specified time. These conditions may include, but are not limited to, achieving a specified grade point average in graduate coursework and/or successfully completing specified coursework.   

Transfer Credits

If applicable to the Scott MBA, a maximum of six credit hours of graduate coursework taken at an AACSB-accredited school of business may be accepted as transfer credit into the Scott MBA program. Applicants would need to submit documentation in support of this request.

Application Instructions

All applicants to the Scott MBA program must be accepted both as a graduate student by Indiana State University and by the MBA program in the Scott College of Business. The application process varies slightly for domestic and international applicants. 

How to Apply

Complete the online application for admission to Indiana State here.

Submit a nonrefundable application fee of $93.00 ($35 Indiana State University application fee + $78 BusinessCAS processing fee) for U.S. citizens and permanent residents or $113.00 ($55 Indiana State University application fee + $78 BusinessCAS processing fee) for international students.

Domestic Applicants
When applying, submit official transcripts from all previously attended institutions. If you have any undergraduate work or degrees from Indiana State University, you do NOT need to request them. They will automatically be uploaded to your application after you submit it. 

International Applicants: 
When applying, upload unofficial transcripts from all previously attended institutions. If admitted, official transcripts will be required. To be considered official, transcripts must be sent directly from the institution to: 
Graduate Admissions, 
Indiana State University, 
Welcome Center, 318 North Sixth Street, 
Terre Haute, IN 47809. 
E-transcripts should be emailed to admissions@us1788.com

When applying, submit the following:
•    A professional resume
•    Three references
•    Personal Statement (A statement of goals describing your interest in and objectives for the program.)
•    Letters of Recommendation (optional, but recommended)

International Applicants:
Please also upload your passport's government-issued ID and the relevant pages (picture/info) with your application.
 

International applicants are asked to:
Meet the University’s requirements for English proficiency.

  • To be considered for admission, upload your official test score report from one of the accepted language tests—TOEFL, IELTS, or Duolingo—at the time of application. 
  • Provide proof of financial support if admitted.

For more details, see additional information about applying as an international student  

The On-campus MBA program offers start terms in August and January, while the Online MBA program provides additional start dates in August, October, January, March, and June. Applicants are encouraged to apply by the priority deadlines listed below to ensure full consideration for their preferred term. Application processing typically takes less than 30 days.

Online MBACampus MBA
Start TermPriority DeadlineFinal DeadlineStart TermPriority Deadline*Final Deadline
AugustJuly 15August 1AugustJuly 15August 1
OctoberAugust 15October 1JanuaryJuly 15December 1
JanuaryJuly 15December 1* International students must apply by the Priority Deadline for consideration
MarchJanuary 15March 1
JuneApril 15June 1

Next Steps

Once admitted, you will receive notification from the University along with your University ID number. This is needed to activate your University username on the MyISU Portal, which provides access to online registration, University records, email, and important announcements.