Top 50 Best Master's Degree Programs in Indiana by ROI

Every Master's Degree program in Indiana ranked by estimated 20-year net return on investment across all majors. Data from the U.S. Department of Education College Scorecard.

Programs in Indiana

184

Colleges with salary data

Average 20-Yr Net ROI

+$438,403

Across all Indiana programs

Average Annual Cost

$32,439

Cost of attendance

# College Major 20-Yr Net ROI Median Salary Annual Cost Avg Debt
1 Indiana University-Indianapolis

Grad rate: 55.1%

 Advanced/Graduate Dentistry and Oral Sciences. +$3,364,288 $212,436 $22,216 N/A Full ROI →
2 Indiana University-Indianapolis

Grad rate: 55.1%

 Dentistry. +$1,957,028 $142,073 $22,216 N/A Full ROI →
3 University of Notre Dame

Grad rate: 96.6%

 Business Administration, Management and Operations. +$1,711,018 $135,572 $80,211 N/A Full ROI →
4 Purdue University-Main Campus

Grad rate: 83.1%

 Pharmacy, Pharmaceutical Sciences, and Administration. +$1,589,986 $123,756 $22,567 N/A Full ROI →
5 Indiana University-Bloomington

Grad rate: 81.2%

 Business/Commerce, General. +$1,578,158 $123,644 $27,361 N/A Full ROI →
6 University of Notre Dame

Grad rate: 96.6%

 Finance and Financial Management Services. +$1,535,038 $126,773 $80,211 N/A Full ROI →
7 Manchester University

Grad rate: 46.4%

 Pharmacy, Pharmaceutical Sciences, and Administration. +$1,524,618 $123,063 $48,321 N/A Full ROI →
8 University of Notre Dame

Grad rate: 96.6%

 Management Sciences and Quantitative Methods. +$1,463,218 $123,182 $80,211 N/A Full ROI →
9 Valparaiso University

Grad rate: 68.5%

 Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. +$1,449,214 $120,200 $57,393 N/A Full ROI →
10 Indiana University-Bloomington

Grad rate: 81.2%

 Optometry. +$1,420,298 $115,751 $27,361 N/A Full ROI →
11 Indiana University-Indianapolis

Grad rate: 55.1%

 Allied Health Diagnostic, Intervention, and Treatment Professions. +$1,345,888 $111,516 $22,216 N/A Full ROI →
12 Purdue University-Main Campus

Grad rate: 83.1%

 Engineering, Other. +$1,325,406 $110,527 $22,567 N/A Full ROI →
13 Purdue University-Main Campus

Grad rate: 83.1%

 Veterinary Medicine. +$1,323,546 $110,434 $22,567 N/A Full ROI →
14 Butler University

Grad rate: 80.5%

 Pharmacy, Pharmaceutical Sciences, and Administration. +$1,282,134 $112,557 $64,503 N/A Full ROI →
15 Indiana University-Indianapolis

Grad rate: 55.1%

 Business/Commerce, General. +$1,275,868 $108,015 $22,216 N/A Full ROI →
16 Purdue University-Main Campus

Grad rate: 83.1%

 Business Administration, Management and Operations. +$1,229,566 $105,735 $22,567 N/A Full ROI →
17 Purdue University-Main Campus

Grad rate: 83.1%

 Mechanical Engineering. +$1,203,026 $104,408 $22,567 N/A Full ROI →
18 University of Notre Dame

Grad rate: 96.6%

 Law. +$1,202,278 $110,135 $80,211 N/A Full ROI →
19 University of Saint Francis-Fort Wayne

Grad rate: 58.6%

 Allied Health Diagnostic, Intervention, and Treatment Professions. +$1,199,944 $106,520 $45,228 N/A Full ROI →
20 Indiana State University

Grad rate: 42.5%

 Allied Health Diagnostic, Intervention, and Treatment Professions. +$1,198,910 $104,293 $23,475 N/A Full ROI →
21 Butler University

Grad rate: 80.5%

 Allied Health Diagnostic, Intervention, and Treatment Professions. +$1,195,554 $108,228 $64,503 N/A Full ROI →
22 Indiana University-Indianapolis

Grad rate: 55.1%

 Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. +$1,164,008 $102,422 $22,216 N/A Full ROI →
23 Indiana State University

Grad rate: 42.5%

 Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. +$1,155,250 $102,110 $23,475 N/A Full ROI →
24 Calumet College of Saint Joseph

Grad rate: 27.3%

 Public Administration. +$1,137,284 $102,040 $31,758 N/A Full ROI →
25 University of Saint Francis-Fort Wayne

Grad rate: 58.6%

 Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. +$1,136,844 $103,365 $45,228 N/A Full ROI →
26 Purdue University-Main Campus

Grad rate: 83.1%

 Aerospace, Aeronautical and Astronautical Engineering. +$1,135,226 $101,018 $22,567 N/A Full ROI →
27 Butler University

Grad rate: 80.5%

 Business Administration, Management and Operations. +$1,100,074 $103,454 $64,503 N/A Full ROI →
28 Purdue University Global

Grad rate: 30.4%

 Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. +$1,088,852 $98,242 $17,994 N/A Full ROI →
29 Indiana Wesleyan University-National & Global

Grad rate: 38.7%

 Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. +$1,066,526 $97,538 $22,117 N/A Full ROI →
30 University of Indianapolis

Grad rate: 57.7%

 Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. +$1,066,452 $100,190 $48,674 N/A Full ROI →
31 Indiana University-Bloomington

Grad rate: 81.2%

 Human Computer Interaction. +$1,058,638 $97,668 $27,361 N/A Full ROI →
32 Goshen College

Grad rate: 62.0%

 Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. +$1,047,888 $99,115 $47,206 N/A Full ROI →
33 Purdue University Northwest

Grad rate: 44.2%

 Business Administration, Management and Operations. +$1,028,506 $95,054 $16,287 N/A Full ROI →
34 Indiana Wesleyan University-Marion

Grad rate: 66.5%

 Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. +$1,024,858 $97,538 $42,951 N/A Full ROI →
35 Ball State University

Grad rate: 63.6%

 Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. +$992,652 $94,146 $25,134 N/A Full ROI →
36 Indiana University-Northwest

Grad rate: 37.1%

 Business/Commerce, General. +$945,678 $90,621 $13,371 N/A Full ROI →
37 Purdue University Fort Wayne

Grad rate: 34.1%

 Business/Commerce, General. +$891,212 $88,532 $19,714 N/A Full ROI →
38 Indiana University-South Bend

Grad rate: 35.9%

 Registered Nursing, Nursing Administration, Nursing Research and Clinical Nursing. +$862,932 $86,745 $15,984 N/A Full ROI →
39 Purdue University Global

Grad rate: 30.4%

 Bioethics/Medical Ethics. +$860,772 $86,838 $17,994 N/A Full ROI →
40 Indiana University-Indianapolis

Grad rate: 55.1%

 Engineering-Related Fields. +$760,748 $82,259 $22,216 N/A Full ROI →
41 Concordia Theological Seminary Theological and Ministerial Studies. +$745,500 $79,275 N/A N/A Full ROI →
42 Indiana University-South Bend

Grad rate: 35.9%

 Business/Commerce, General. +$735,212 $80,359 $15,984 N/A Full ROI →
43 Ball State University

Grad rate: 63.6%

 Information Science/Studies. +$734,452 $81,236 $25,134 N/A Full ROI →
44 Indiana University-Bloomington

Grad rate: 81.2%

 Accounting and Related Services. +$732,038 $81,338 $27,361 N/A Full ROI →
45 University of Indianapolis

Grad rate: 57.7%

 Educational Administration and Supervision. +$720,312 $82,883 $48,674 N/A Full ROI →
46 Indiana Wesleyan University-National & Global

Grad rate: 38.7%

 Health and Medical Administrative Services. +$672,406 $77,832 $22,117 N/A Full ROI →
47 Indiana Wesleyan University-National & Global

Grad rate: 38.7%

 Bioethics/Medical Ethics. +$662,246 $77,324 $22,117 N/A Full ROI →
48 Indiana Wesleyan University-Marion

Grad rate: 66.5%

 Health and Medical Administrative Services. +$630,738 $77,832 $42,951 N/A Full ROI →
49 Indiana Wesleyan University-Marion

Grad rate: 66.5%

 Bioethics/Medical Ethics. +$620,578 $77,324 $42,951 N/A Full ROI →
50 Ball State University

Grad rate: 63.6%

 Business/Commerce, General. +$609,792 $75,003 $25,134 N/A Full ROI →

How ROI is calculated

20-Year Net ROI = Gross Earnings (salary × 20) − Total Degree Cost − Debt Payoff (×1.35) − Baseline Opportunity Cost ($42,000 × 20). Data from the U.S. College Scorecard.