Butler University MBA Programs
Tuition, ROI, Graduate Salary, GMAT Requirements
Butler University
Andre B. Lacy School of Business
Social Links Here
Location:
- Indianapolis
,
- IN
Control: Private
Academic Year: Semester
Accredited: AACSB
Accreditation: Business
Degree Level(s):
- E-MBA
- ·
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Evenings
- ·
- Full-Time
- ·
- Online
- ·
- Part-Time
- ·
- Weekends
- Accounting
- Corporate Finance
- Economics
- Entrepreneurship
- Finance
- Global Management
- Information Systems
- Insurance
- International Business
- Management
- Marketing
- Top 10% in State: ROI, Tuition
- Better than State Average: GMAT
- Better than National Average: Student / Faculty Ratio
Compare Butler University's Tuition, Salary, ROI, Student / Faculty Ratio, Enrollment (Alumni) and GMAT Requirements
Compare how the MBA program at Butler University measures up against Indiana, national, and online averages across key metrics of Tuition, Graduate Salary, Graduate ROI, Student / Faculty Ratios, Enrollment (Alumni) and GMAT Requirements to help you evaluate your educational investment.
| Averages | Butler University | Online | Indiana |
|---|---|---|---|
| Tuition | $39,000 | $37,225 | $30,483 |
| Salary | $59,000 | $79,354 | $81,619 |
| ROI | 51% | 196% | 332% |
| S/F Ratio | 12:1 | 17:1 | 14:1 |
| Enrollment | 1368 | 2,654 | 2,397 |
| GMAT | GMAT Required: Yes
Average GMAT Score: 622 |
561 | 598 |
Compare Average MBA Tuition
In Indiana the most affordable MBA program is $7,458 and the most expensive is $123,500. The average tuition cost in the state is $30,483. Currently, the average in-state MBA tuition for Butler University is $39,000.
| Comparison Group | MBA Tuition Averages |
|---|---|
| Butler University | $39,000 |
| Indiana Average | $30,483 |
| Online Average | $37,225 |
| National Average | $42,573 |
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- Butler University average in-state tuition is $39,000
- The average Indiana in-state MBA tuition is $30,483
- The average online MBA tuition in the United States is $37,225
- The national average in-state tuition in the United States is $42,573
The most affordable Online MBA program in Indiana is $7,458 while the most expensive online program is $60,858. The average online tuition for Indiana programs is $24,243. Research the most affordable AACSB online MBA programs across the nation.
- Butler University's average in-state tuition is $39,000
- Indiana average in-state tuition is $24,243
- National for average in-state tuition in the United States is $37,225
- Online average for in-state tuition is $37,225
- Find the most affordable online MBA schools.
Compare Average Graduate MBA Salaries
The highest average graduate salary1 for an MBA program in Indiana is $136,352 and the lowest is $59,000. The average graduate MBA salary in the state is $81,619. Currently, the average MBA graduate salary for Butler University is estimated to be $59,000.
| Comparison Group | Graduate MBA Salary Averages |
|---|---|
| Butler University | $59,000 |
| Indiana Average | $81,619 |
| Online Average | $79,354 |
| National Average | $82,899 |
-
- National average for MBA graduate salary is $82,899
- Online average for graduate MBA salary is $79,354
For online MBA programs in Indiana, the highest average graduate salary1 is $136,352 and the lowest is $59,000. The average graduate MBA salary in the state is $76,879. Currently, the average MBA graduate salary for Butler University is estimated to be $59,000.
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- Indiana average for online MBA starting salary is $76,879
- National average for online MBA starting salary is $79,354
Find the online MBA programs with highest and lowest average online MBA starting salaries.
Compare Average ROI for Graduate MBA Students
The highest average graduate ROI1 for MBA students in Indiana is 906% and the lowest is 8%. The average graduate MBA ROI in the state is 332%. Currently, the average MBA graduate ROI for Butler University is estimated to be 51%.
| Comparison Group | Graduate MBA ROI Averages |
|---|---|
| Butler University | 51% |
| Indiana Average | 332% |
| Online Average | 196% |
| National Average | 186% |
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- National average for MBA graduate ROI is 186%
- Online average for graduate MBA ROI is 196%
For online MBA programs in Indiana, the highest average graduate ROI1 is 906% and the lowest is 51%. The average graduate MBA ROI in the state is 336%. Currently, the average MBA graduate ROI for Butler University is estimated to be 51%.
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- Indiana average for online MBA starting ROI is 336%
- National average for online MBA starting ROI is 196%
Find the schools with the highest and lowest ROI for graduating MBA students.
Compare Business School Student / Faculty Ratios
The average student to faulty ratio for business schools in Indiana ranges between a low of 11:1 to a high of 20:1 with an average Student Faculty Ratio of 14:1. Currently, Butler University has an average student-to-faculty ratio for its MBA program of 12:1.
| Comparison Group | Average Student to Faculty Ratios |
|---|---|
| Butler University | 12:1 |
| Indiana Average | 14:1 |
| Online Average | 17:1 |
| National Average | 16:1 |
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- Butler University Average Student Faculty Ratio: 12:1
- Indiana Student Faculty Ratio: 14:1
- Average U.S. Student Faculty Ratio: 16:1
- Average Online Student Faculty Ratio: 17:1
For online MBA programs, the student-to-faculty ratios range between a low of 2:1 to a high of 63:1 with an average of 17:1.
Research the best and worst student-to-faculty ratios.
Compare Average Business School Enrollment (Alumni)
In Indiana, the average business school enrollment ranges between a low of 392 to a high of 14,011 with an average of 2,397. Currently, Butler University average school enrollment is 1368.
| Comparison Group | Average Business School Enrollment / Alumni |
|---|---|
| Butler University | 1368 |
| Indiana Average | 2,397 |
| Online Average | 2,654 |
| National Average | 2,533 |
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- Butler University Average School Enrollment: 1368
- Indiana's Average School Enrollment: 2,397
- National Average for School Enrollment: 2,533
- Online Average for School Enrollment: 2,654
For online business schools, enrollments range from a low of 152 to a high of 21,000 with an average of 2,654.
Research, find and compare online business schools enrollments.
Compare Average GMAT Scores
The average GMAT score for an MBA program in Indiana ranges between a low of 458 to a high of 685 with an average of 598. At the present time, Butler University average GMAT score for its MBA program is 622.
| Comparison Group | Average GMAT Scores |
|---|---|
| Butler University | 622 |
| Indiana Average | 598 |
| Online Average | 561 |
| National Average | 567 |
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- Butler University Average GMAT: 622
- Indiana's Average GMAT Scores: 598
- National Average for GMAT Scores: 567
- Online Average for GMAT Scores: 561
For online MBA programs GMAT scores range from a low of 265 to a high of 732 with an average of 561.
Many MBA programs no longer require the GMAT, making these exams optional or conditional based on specific criteria. While some business schools have eliminated standardized testing requirements entirely, others still consider test scores as a component of the application process. Even at test-optional institutions, admissions committees may require the GMAT for applicants with lower GPAs or limited quantitative coursework. Ultimately, strong test scores can strengthen an application, but many programs now evaluate candidates holistically based on work experience, academic background, and leadership potential.
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- Find MBA programs that do not require a GMAT or make the exam optional or conditional
- Find Online MBA programs with the highest and lowest GMAT requirements
Indiana Schools Offering Online MBA Degrees
- University of Southern Indiana
- Indiana University Southeast
- Indiana University Northwest
- Indiana University Kokomo
- Indiana University Bloomington/Indianapolis
- Butler University
- Ball State University
- Indiana University South Bend
- Indiana State University
- Valparaiso University
- Purdue University
- Purdue University Fort Wayne
Indiana Schools Offering both Campus and Online MBA Degrees
Find the best ranked MBA programs in Indiana and also find the best best online MBA programs accepting Indiana students.
- University of Southern Indiana
- Indiana University Southeast
- Indiana University Northwest
- Indiana University Kokomo
- Indiana University Bloomington/Indianapolis
- Butler University
- Ball State University
- Indiana University South Bend
- Indiana State University
- Valparaiso University
- Purdue University
- Purdue University Northwest
- University of Notre Dame
- Purdue University Fort Wayne
Cities in Indiana Where You Can Find MBA Programs
Using the following links, compare average tuition costs, starting graduate salaries, program ROIs, averaged required GMAT scores, strong alumni networks and more.
- Bloomington
- Evansville
- Fort Wayne
- Gary
- Hammond
- Indianapolis
- Kokomo
- Muncie
- New Albany
- Notre Dame
- South Bend
- Terre Haute
- Valparaiso
- West Lafayette
Butler University Andre B. Lacy School of Business Summary
In-state tuition and fees for the MBA program at Andre B. Lacy School of Business is $39,000. Of all MBA programs offered in Indiana, the average cost for in-state tuition and fees is $30,483 a year. The average cost for in-state tuition and fees for an online MBA program is $37,225 a year.
The average GMAT score to enter into Andre B. Lacy School of Business is 622 while the average GMAT score to for MBA schools in Indiana is 598.29, and the average GMAT score to enter into an online GMAT program is 560.93.
After graduating, the school reports that the average graduate salary is $59,000.
Comparing in-state tuition to the average graduate salary, you can expect an ROI on your MBA education to be in the range of 51%
The average in-state tuition you can expect to pay is about $39,000, and the average GMAT score for acceptance in their program is 622.
After graduating, the school reports that the average graduate salary is $59,000. Comparing in-state tuition to the average graduate salary, you can expect an ROI on your MBA education to be in the range of 51%
Programs are offered as: Campus, Evenings, Full-Time, Online, Part-Time and Weekends.
The school is ranked by: Butler University's MBA program is accredited by the AACSB and is ranked by the following publications: MBAGuide
| Averages | Butler University | Online | Indiana |
|---|---|---|---|
| Tuition | $39,000 | $37,225 | $30,483 |
| Salary | $59,000 | $79,354 | $81,619 |
| ROI | 51% | 196% | 332% |
| S/F Ratio | 12:1 | 17:1 | 14:1 |
| Enrollment | 1368 | 2,654 | 2,397 |
| GMAT | GMAT Required: Yes
Average GMAT Score: 622 |
561 | 598 |
1*If a school does not provide average graduate salary information or graduate ROI data on their web site, MBAGuide estimates these figures using a variety of state and regional sources including the CollegeNavigator, the U.S. Bureau of Labor Statistics and state or regional equivalents. If you find mistakes in our database, please contact us.
Data sources: IPEDS, National Center of Educational Statistics, U.S. Department of Education, Institute of Education Sciences (ERIC), Association to Advance Collegiate Schools of Business (AACSB), 520 MBA Schools, U.S. Bureau of Labor Statistics (BLS). If you notice errors in the MBA program database, please contact us.