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4201 Grant Line Road
New Albany, IN 47150
p. (812) 941-2364
f. (812) 941-2581

Indiana University Southeast Business School

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The Indiana University Southeast offers the Master of Business Administration (MBA) and Master of Science in Strategic Finance (MSF) as well as a joint degree in MBA/MSF.

Thirty-six total credits are required to complete the MBA, including 6 elective credits. Required courses include:

  • Strategic Cost Management
  • Managerial Economics
  • Modeling and Simulation
  • Organizational Behavior and Leadership
  • Business Communications
  • International Environmental Analysis
  • Legal and Ethical Environment of Business
  • Marketing Management
  • Financial Management
  • Systems Decision Theory and Applications
  • Business Policy and Strategy

Students may eliminate or substitute requirements for foundation courses only.

Business students may take relevant nonbusiness courses in other departments. The maximum time permitted to complete the master’s degree program attending part time is 6 years.

In a recent year, there were 16 total full-time graduate business faculty, all of whom hold a doctorate; there were 2 part-time faculty. Faculty salaries are rated above average for Category IIA institutions, based on the AAUP rating system. Average number of courses faculty teach is 8; average business class size is 21.


A bachelor’s degree is required, along with a GPA of 2.7 and a GMAT score of 470. The formula for using the GPA and GMAT scores is (200 x GPA) + GMAT, or minimum 1050. Most important admissions factors are work experience, GMAT results, and academic accomplishments and ability. A strong mathematics background is required.

The number of applicants for the a recent class was 111; 93 were accepted; 79 enrolled. The average GPA was 3.19. Transfers are accepted.

Students may begin the MBA program in the fall, spring, and summer. To apply, students must submit an application form, GMAT scores, and a nonrefundable application fee of $35. Students are notified immediately of the admissions decision. Check with the school for current application deadlines.

Financial Aid

Tuition for in-state residents is $220 per credit. Nonresidents pay $480 per credit. Graduate student housing is not available.


Ninety-six percent of a recent graduate business school class have had an average of 7 years of full-time work experience prior to entering graduate school, a factor preferred by the school. The greatest percentage of students were from Indiana (99%). Thirty-seven percent were women and 5% were minorities. The average age at entrance is 31; ages range from 21 to 51. Six percent enter directly from undergraduate school; 2% already have a graduate degree. Students’ undergraduate majors were as follows: 54%, business; 16%, engineering; 4%, social sciences; 2%, economics; 2%, liberal arts; and 2%, math and science. About 5% of entering students leave by the end of the first year due to academic or personal reasons; 80% remain to receive their degree. In a recent year, 50 graduate business degrees were awarded.

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