2024 Best Grad Schools in Indiana for Master's Degrees
When pursuing a grad degree in today's world, there are many different options to choose from. At College Factual, we're committed to helping you make that decision by providing information such as that found in our Best Master's Degree Colleges in Indiana ranking.
Jump to Any of the Following Sections: * Our Methodology
Your Choice of Grad School Matters
We analyzed 33 grad schools across Indiana to determine which have the best master's degree programs. Instead of depending on subjective information to rank the best grad schools, we focus on objective factors in our analysis. More specifically, the following explains what we consider and why.
Average Early-Career Salaries
One measure we use to determine the quality of a school is to look at the average salary of master's graduates during the early years of their career. This is because one of the main reasons people pursue a master's degree is to enable themselves to find better-paying positions.
Student Loan Borrowing
Another factor that we look at to determine a school's ranking is the average debt load that graduate students take on while they are working on their master's degree.
The average amount taken out in student loans for graduates at a particular school may be crippling for those who earn less than average wages after graduation.
Additional Ranking Factors We Use
Our Best Master's Degree Schools considers other factors in addition to average post-graduation earnings and average student debt.
These factors include things like the educational resources, the demand associated with the school, whether or not the school offers online classes, and the student body caliber - just to name a few.
To learn more, visit our graduate school ranking methodology page.
Custom Rankings
Are you more interested in the top master's degree schools in your area? Try narrowing this list
by location. In addition, we've put together a number of other
college rankings that may help you in your search.
If you plan to take your education even further, you may want to visit our Best Doctorate Degree Schools ranking.
Top Master's Degree Schools in Indiana
Learn more about these excellent grad schools below:
1,161
Master's Degrees Awarded
$60,478
Average Early-Career Earnings
Our analysis found University of Notre Dame to be the best grad school for master’s degrees in Indiana in this year’s ranking. Notre Dame, Indiana is the setting for this fairly large institution of higher learning. The private not-for-profit school handed out master’s degrees to 1,161 students in 2020-2021.
During the early years of their career, master’s degree graduates from Notre Dame make an average of $60,478 a year.
Full University of Notre Dame Report
2,255
Master's Degrees Awarded
$81,411
Average Early-Career Earnings
A rank of #2 on our Best Master’s Degree in Indiana list means Purdue University - Main Campus is a great place for students working on their degree. Purdue is located in West Lafayette, Indiana and has a large student population. In 2020-2021, this school awarded 2,255 master’s degrees to qualified graduate students.
Upon graduation, master’s degree recipients go on to jobs making an average salary of $81,411 during the early years of their career.
Full Purdue University - Main Campus Report
2,641
Master's Degrees Awarded
$55,377
Average Early-Career Earnings
A rank of #3 on our Best Master’s Degree in Indiana list means Indiana University - Bloomington is a great place for students working on their degree. Located in Bloomington, Indiana, the large public school awarded 2,641 diplomas to qualifed master’s degree students in 2020-2021.
During the early years of their career, master’s degree graduates from IU Bloomington make an average of $55,377 a year.
Full Indiana University - Bloomington Report
2,364
Master's Degrees Awarded
$53,069
Average Early-Career Earnings
A rank of #4 on our Best Master’s Degree in Indiana list means Ball State University is a great place for students working on their degree. Located in Muncie, Indiana, the fairly large public school awarded 2,364 diplomas to qualifed master’s degree students in 2020-2021.
Those who receive a master’s degree from Ball State go into careers with an average salary of $53,069 during the early years of their career.
Learn More About Ball State University
31
Master's Degrees Awarded
$59,752
Average Early-Career Earnings
You’ll be in good company if you decide to attend Saint Mary’s College. It ranked #5 on our 2024 Best Master’s Degree Schools in Indiana list. St. Mary’s College is a small private not-for-profit school situated in Notre Dame, Indiana. It awarded 31 master’s degrees in 2020-2021.
Upon graduation, master’s degree recipients go on to jobs making an average salary of $59,752 during the early years of their career.
Read full report on Saint Mary’s College
250
Master's Degrees Awarded
$77,997
Average Early-Career Earnings
Butler University landed the #6 spot on the 2024 Best Master’s Degree Schools in Indiana ranking. Butler is located in Indianapolis, Indiana and has a medium-sized student population. In 2020-2021, this school awarded 250 master’s degrees to qualified graduate students.
Upon graduation, master’s degree recipients go on to jobs making an average salary of $77,997 during the early years of their career.
Read full report on Butler University
1,929
Master's Degrees Awarded
$71,101
Average Early-Career Earnings
Indiana University - Purdue University - Indianapolis ranked #7 on this year’s Best Master’s Degree Schools in Indiana list. Indiana University - Purdue University - Indianapolis is a large public school located in Indianapolis, Indiana that handed out 1,929 master’s degrees in 2020-2021.
The average salary of a graduate with a master’s degree from IUPUI is $71,101 during the early years of their career.
Learn More About Indiana University - Purdue University - Indianapolis
1,500
Master's Degrees Awarded
$53,948
Average Early-Career Earnings
Indiana Wesleyan University - National & Global ranked #8 on this year’s Best Master’s Degree Schools in Indiana list. Indiana Wesleyan University - National & Global is a fairly large private not-for-profit school located in Marion, Indiana that handed out 1,500 master’s degrees in 2020-2021.
Those who receive a master’s degree from IWU go into careers with an average salary of $53,948 during the early years of their career.
Full Indiana Wesleyan University - National & Global Report
121
Master's Degrees Awarded
$50,009
Average Early-Career Earnings
Indiana Wesleyan University did quite well in the 2024 Best Master’s Degree Schools in Indiana ranking, coming in at #9. Located in Marion, Indiana, the small private not-for-profit school handed out 121 master’s degrees in 2020-2021.
Graduates with a master’s degree from IWU make an average of $50,009 per year during the early years of their career.
Learn More About Indiana Wesleyan University
761
Master's Degrees Awarded
$53,507
Average Early-Career Earnings
University of Southern Indiana ranked #10 on this year’s Best Master’s Degree Schools in Indiana list. USI is located in Evansville, Indiana and has a medium-sized student population. In 2020-2021, this school awarded 761 master’s degrees to qualified graduate students.
During the early years of their career, master’s degree graduates from USI make an average of $53,507 a year.
Learn More About University of Southern Indiana
174
Master's Degrees Awarded
$46,671
Average Early-Career Earnings
Marian University came in at #11 in this year’s edition of the Best Master’s Degree Schools in Indiana ranking. Located in Indianapolis, Indiana, the small private not-for-profit school awarded 174 diplomas to qualifed master’s degree students in 2020-2021.
Upon graduation, master’s degree recipients go on to jobs making an average salary of $46,671 during the early years of their career.
Read full report on Marian University
Purdue University Global ranked #12 on this year’s Best Master’s Degree Schools in Indiana list.
Read full report on Purdue University Global
238
Master's Degrees Awarded
$74,553
Average Early-Career Earnings
University of Saint Francis - Fort Wayne did quite well in the 2024 Best Master’s Degree Schools in Indiana ranking, coming in at #13. This small private not-for-profit school is located in Fort Wayne, Indiana, and it awarded 238 master’s degrees in 2020-2021.
Upon graduation, master’s degree recipients go on to jobs making an average salary of $74,553 during the early years of their career.
Read full report on University of Saint Francis - Fort Wayne
150
Master's Degrees Awarded
$44,639
Average Early-Career Earnings
Grace College and Theological Seminary came in at #14 in this year’s edition of the Best Master’s Degree Schools in Indiana ranking. Grace College is located in Winona Lake, Indiana and has a small student population. In 2020-2021, this school awarded 150 master’s degrees to qualified graduate students.
The average salary of a graduate with a master’s degree from Grace College is $44,639 during the early years of their career.
Read full report on Grace College and Theological Seminary
87
Master's Degrees Awarded
$39,860
Average Early-Career Earnings
University of Evansville ranked #15 on this year’s Best Master’s Degree Schools in Indiana list. Evansville, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out master’s degrees to 87 students in 2020-2021.
Those who receive a master’s degree from UE go into careers with an average salary of $39,860 during the early years of their career.
Learn More About University of Evansville
209
Master's Degrees Awarded
$58,736
Average Early-Career Earnings
Valparaiso University did quite well in the 2024 Best Master’s Degree Schools in Indiana ranking, coming in at #16. Valparaiso, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out master’s degrees to 209 students in 2020-2021.
The average salary of a graduate with a master’s degree from Valpo is $58,736 during the early years of their career.
Full Valparaiso University Report
374
Master's Degrees Awarded
$63,821
Average Early-Career Earnings
University of Indianapolis landed the #17 spot on the 2024 Best Master’s Degree Schools in Indiana ranking. UIndy is a private not-for-profit institution located in Indianapolis, Indiana. The school has a medium-sized population, and it awarded 374 master’s degrees in 2020-2021.
Upon graduation, master’s degree recipients go on to jobs making an average salary of $63,821 during the early years of their career.
Full University of Indianapolis Report
48
Master's Degrees Awarded
$36,232
Average Early-Career Earnings
Huntington University did quite well in the 2024 Best Master’s Degree Schools in Indiana ranking, coming in at #18. Huntington, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out master’s degrees to 48 students in 2020-2021.
During the early years of their career, master’s degree graduates from Huntington make an average of $36,232 a year.
Read full report on Huntington University
512
Master's Degrees Awarded
$63,126
Average Early-Career Earnings
Indiana State University did quite well in the 2024 Best Master’s Degree Schools in Indiana ranking, coming in at #19. Indiana State University is a medium-sized public school located in Terre Haute, Indiana that handed out 512 master’s degrees in 2020-2021.
The average salary of a graduate with a master’s degree from Indiana State is $63,126 during the early years of their career.
Learn More About Indiana State University
320
Master's Degrees Awarded
$67,880
Average Early-Career Earnings
With a ranking of #20, Purdue University Northwest did quite well on the 2024 Best Master’s Degree Schools in Indiana list. Purdue Northwest is located in Hammond, Indiana and has a medium-sized student population. In 2020-2021, this school awarded 320 master’s degrees to qualified graduate students.
During the early years of their career, master’s degree graduates from Purdue Northwest make an average of $67,880 a year.
Read full report on Purdue University Northwest
62
Master's Degrees Awarded
$67,702
Average Early-Career Earnings
Anderson University Indiana landed the #21 spot on the 2024 Best Master’s Degree Schools in Indiana ranking. Anderson, Indiana is the setting for this small institution of higher learning. The private not-for-profit school handed out master’s degrees to 62 students in 2020-2021.
The average salary of a graduate with a master’s degree from Anderson University Indiana is $67,702 during the early years of their career.
Read full report on Anderson University Indiana
219
Master's Degrees Awarded
$70,752
Average Early-Career Earnings
Purdue University Fort Wayne did quite well in the 2024 Best Master’s Degree Schools in Indiana ranking, coming in at #22. PFW is a public institution located in Fort Wayne, Indiana. The school has a medium-sized population, and it awarded 219 master’s degrees in 2020-2021.
Graduates with a master’s degree from PFW make an average of $70,752 per year during the early years of their career.
Read full report on Purdue University Fort Wayne
160
Master's Degrees Awarded
$54,927
Average Early-Career Earnings
Indiana University - Southeast came in at #23 in this year’s edition of the Best Master’s Degree Schools in Indiana ranking. Indiana University - Southeast is a small public school located in New Albany, Indiana that handed out 160 master’s degrees in 2020-2021.
During the early years of their career, master’s degree graduates from Indiana University - Southeast make an average of $54,927 a year.
Read full report on Indiana University - Southeast
90
Master's Degrees Awarded
$47,462
Average Early-Career Earnings
Bethel University - Mishawaka ranked #24 on this year’s Best Master’s Degree Schools in Indiana list. Located in Mishawaka, Indiana, the small private not-for-profit school handed out 90 master’s degrees in 2020-2021.
The average salary of a graduate with a master’s degree from Bethel University is $47,462 during the early years of their career.
Full Bethel University - Mishawaka Report
44
Master's Degrees Awarded
$61,947
Average Early-Career Earnings
Oakland City University came in at #25 in this year’s edition of the Best Master’s Degree Schools in Indiana ranking. Located in Oakland City, Indiana, the small private not-for-profit school handed out 44 master’s degrees in 2020-2021.
The average salary of a graduate with a master’s degree from Oakland City is $61,947 during the early years of their career.
Learn More About Oakland City University