Business Administration (MBA)

Program Availability

The online and on-campus 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)

2. Submit a professional resume and personal statement.
3. 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. 

Flexible Delivery – 100% Online or On Campus

We understand that many of our Scott MBA students are managing careers, families, and full schedules. That’s why our programs are designed to offer the flexibility and support you need to succeed – without putting your life on hold.

When you pursue the Online Scott MBA, you can: 

• Take courses 100% online with flexible pacing options.
• Complete your degree full-time or part-time
• Start classes in August, October, January, March, or June. 

With the Online Scott MBA, you don’t have to choose between quality and convenience. As a fully online student, you’ll experience the same rigorous curriculum and expert faculty as our on-campus programs. 
Our dedicated support teams and flexible course structure make it possible to maintain your full-time job while earning your degree. Most of our students are working professionals who take one or two courses per term and complete the 33-credit program in 12 to 24 months. 

When you pursue the On-Campus Scott MBA, you can: 

• Take courses in the evening at our Terre Haute campus.
• Study full-time or part-time based on your schedule.
• Start the program in August, January, or June. 

With the On-Campus Scott MBA, you’ll gain more than a degree – you’ll build lasting connections with expert faculty and fellow professionals. Our evening courses in the Scott College of Business are designed for those who value face-to-face learning, collaboration, and a strong campus community. You’ll learn from dedicated faculty who bring real-world business experience into the classroom and take the time to know you by name. Most students complete the program in 24-36 months, whether attending full-time or part-time. 

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 College 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

Both the Online Scott MBA and On-Campus Scott MBA consist of a 24-credit core curriculum that provides a strong foundation in business strategy, finance, leadership, marketing, operations, and more. 
You’ll then complete either: 

• 6 credit hours of electives if you choose the General MBA, or
• 9 credit hours of electives if you pursue a specific MBA concentration.

Core Courses

Core courses are the foundation of the Scott MBA, providing advanced knowledge and skills in strategic thinking, leadership, decision-making, and effective communication. Students complete eight core courses for a total of 24 credit hours, followed by an additional 6-9 credit hours depending on whether students pursue the General MBA option (30 credits total) or add a concentration (33 credits total). 

• MBA 610 – Advanced Management Practices
• MBA 612 – Quantitative Problem Solving
• MBA 613 – Management Accounting
• MBA 614 – Digital Innovation & Information Systems
• MBA 622 – Strategic Financial Decisions
• MBA 623 – Strategic Supply Chain & Operating Decisions
• MBA 624 – Strategic Marketing Management
• MBA 690 – Dynamic Strategy 
   

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Concentrations

Our concentration options allow you to tailor your degree to your interests and career goals. Explore available concentrations below to see how you can customize your MBA experience. 

No matter the path you choose, the Scott MBA offers a high-quality, AACSB-accredited education that blends academic rigor with real-world application. 

• Accounting (On-campus only)
• Entrepreneurship
• Finance (On-campus only)
• Government Affairs (On-campus option available with advisor approval)
• Human Resources
• Marketing (On-campus only)
• Nonprofit Management (On-campus option available with advisor approval)
• Operations & Supply Chain Management (On-campus only)
• Public Health
• Educational Leadership (On-campus only) 

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.

In addition to standard graduate tuition, Scott MBA students are assessed an MBA program fee of $129 per credit hour to support student development, faculty advancement, and program enhancement initiatives.

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:

• Employer Sponsorship/Tuition Reimbursement – Ask your employer about sponsorship or tuition reimbursement programs that may help cover your MBA costs.
  • Preferred Partners Program
• Loans (U.S. Citizen or Eligible Noncitizen)
• Assistantships and Scholarships
• Veterans Benefits

O’Neill Family Endowed Scholarship: Supporting the Next Generation of Business Leaders 

The O’Neill Family Endowed Scholarship was created through the generous support of Tim and Bobbi O’Neill to empower Scott College MBA students at Indiana State University. Their commitment reflects a strong belief in the value of education and the impact of investing in future business leaders. The scholarship provides meaningful financial support to help students achieve their academic and professional goals. 

2024-2025 recipients include: 

• N. Biddle
• E. Birdsong
• O. Carrico
• L. Cottom
• K. Hite
• N. Hunt
• A. Mendoza
• C. Puttmann
• H. Sadhra
• C. Sanders
• D. Sauder
• L. Silver
• J. Skinner
• S. Urich
• Q. Zhang
   

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,we are accredited by the Association to Advance Collegiate Schools of Business (AACSB International), a distinction held by only six percent of business schools globally. This benchmark accreditation standard places the quality of our business instruction among the best in the world.

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. 

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.