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Master of Business Administration



Your MBA. Your Way.

Customizable education has arrived at Indiana Wesleyan University. The MBA My Way at Indiana Wesleyan University is a unique program that puts the power in your hands. Set your own pace, focus on your industry of interest, and get more flexibility in your coursework. You’ll graduate with a robust portfolio of work to show future employers and gain the industry expertise needed to advance your career.

YOU SET THE PACE – Take the standard track (72 weeks) or fast track the program and graduate in less than one year (48 weeks).

RELEVANT COURSEWORK – With assignments that focus on real-world projects and scenarios, you’ll graduate ready for the next opportunity. You’ll also have no mid-week due dates, meaning you can complete your coursework each week at a pace you set for yourself.

CUSTOMIZATION – Where do your interests lie? The curriculum is designed to help you become an “industry expert” in the area of your choice. The MBA My Way also offers four specializations in healthcare administration, personal financial planning, project management, and school administration.

CAREER READINESS – The MBA My Way program is focused on preparing you for advancement opportunities in the workforce. It also builds toward the Doctor of Business Administration (DBA) program at IWU, should you choose to pursue a doctoral degree.

Online or Onsite

Students in the Master of Business Administration (MBA) program design solutions and strategies for complex business problems and opportunities, evaluate personal management capabilities and design a plan for economic growth, and integrate critical analysis with disciplines such as management, accounting, finance, and economics. Students will synthesize ethical standards in decision-making and strategy development, create appropriate communication strategies to achieve organizational goals, and integrate a biblical framework that guides interactions within the business environment and workplace.

Learning Objectives and Outcomes

  • Learn to become an executive-level leader in any industry
  • Utilize several disciplines for leadership, like accounting, management, finance, economics, and others
  • Make ethical, informed decisions in fast-paced environments
  • Become an effective communicator
  • Integrate personal values using DeVoe’s Virtuous Business Model

Relevant and Convenient

  • Complete your degree in 18 months (as few as 12 months with the fast track)
  • Classes meet one night per week or online
  • Instructors combine academic credentials with professional expertise



The Master of Business Administration(MBA) program is accredited by the Accreditation Council for Business Schools and Programs (ACBSP).

Not all programs are offered at all locations and some may only be available online.

"I am ready for the future and our business is ready for the next generation of leadership. We also learned so much about each other, our individual strengths and problem solving skills. Now, because of this experience, we're moving forward together as a much stronger family and a much sharper company."

Sondra Copanas, MBA

Tuition & Financial Aid

MBA - No Specialization

Credit Hours Tuition
36 Total $559 / credit hour

*Effective July 1, 2020, through June 30, 2021.

The total cost of the program, including tuition, books, and fees, will be determined prior to your enrollment. The cost will be divided into several payments spread over the course of the program. Course textbooks will be shipped to you before each course begins. The cost of books increases for shipments outside of the 48 contiguous United States.

The total credit hours and per-credit-hour costs listed above are effective for the core program. For prerequisite or other required courses if applicable, students will need to pay for appropriate tuition, books, and any additional fees. Costs may change if you withdraw from the program and restart in a future program at a later date.

Financial Aid

Financial aid is available in the form of grants, loans, scholarships, veterans benefits, and even employer reimbursement.

For information about financial aid, call 800-621-8667, ext. 2516, visit our financial aid website, or email IWUfinaid@indwes.edu.

Financial aid is not available for unclassified students.


What you'll learn - career-driven curriculum

This Master's degree program will help you develop and refine your management skills within a peer group or management team context.

As a student in our school of business and leadership, you'll learn how to:

  • Develop, execute and evaluate complex business plans and solutions
  • Assess personal management strengths and weaknesses
  • Plan, organize and evaluate daily business activities of yourself and others
  • Use resources in an efficient, effective, ethical and humanitarian way
  • Integrate critical analysis in disciplines like management, finance and economics, or an accounting specialization
  • Review and absorb large amounts of information over relatively short periods of time, work effectively under pressure, and deploy people and material resources efficiently toward a goal of accurately
  • Apply faith-based principles in a business setting

The Master of Business Administration (MBA) program is a 36-credit-hour program.

Below is the list of courses required to complete the program. Courses are generally taken sequentially, one at a time, until the program is complete. Full course descriptions may be viewed by clicking on the course titles below. For further information, feel free to contact us.

Preview Your Classes



Below are the lists of requirements for the Master of Business Administration program. Click on each link to expand the requirements. If you have any questions about the admissions process, feel free to contact one of our admissions representatives at 1-866-498-4968.

Admission Requirements

  1. A baccalaureate or master's degree from a college or university accredited by a regional accrediting body or by the Association for Biblical Higher Education, verified on official transcripts sent by the institution directly to Indiana Wesleyan University.
  2. An undergraduate grade point average (GPA) of 2.5 or higher from the baccalaureate degree-granting institution at which a minimum of 30 credit hours was completed. If an applicant's GPA is below 2.5, the student may be admitted on a probationary basis, as established by the guidelines of the college.

Graduation Requirements

  1. All credits required in the curriculum sequence with a minimum GPA of 3.0 and a minimum grade of "C" in each course. A grade of "C-" or below will require the course to be repeated.
  2. Overall GPA of at least 3.0 in all IWU graduate work.
  3. Payment of all tuition and fees.
A maximum of six (6) credit hours of equivalent coursework, excluding ADM-508 and ADM-560, may be transferred from regionally accredited institutions. Credit may be allowed for courses equivalent in content, credit hours, and course title.

Complete the Online Application.

To be considered for admission to any of the Master of Business Administration programs, complete each of the following steps. For more information, call 866-498-4968 to speak with a Program Representative.

Online Application

Additional Steps to Apply

1. Transcripts

MBA/Virtual MBA: Official transcripts are required from the baccalaureate degree-granting institution and any graduate work if IWU is accepting transfer credits. Indiana Wesleyan University will accept for its permanent file only those transcripts sent directly to IWU by the registrar of the attended institution(s). Official transcripts must exhibit the official seal and signature of the registrar. Transcripts that are stamped “student copy,” “issued to student,” or “unofficial” cannot be accepted as official.

Graduate Certificates: Official transcripts are required from the baccalaureate or master degree-granting Institution. Indiana Wesleyan University will accept for its permanent file only those transcripts sent in a sealed envelope directly to IWU by the registrar of the attended institution(s). Official transcripts must exhibit the official seal and signature of the registrar. Transcripts that are stamped “student copy,” “issued to student,” or “unofficial” cannot be accepted as official.

College Transcripts from Non-U.S. Schools: For college transcripts from non-U.S. schools, secure a “Course-by-Course Report” from Educational Credential Evaluators (see www.ece.org). Be sure to request that the report be sent directly to Indiana Wesleyan University. The evaluation must list course-by-course hours and grades.

2. TOEFL Scores

Submit a copy of your TOEFL scores if English is not your primary language. For more information about this test, visit www.toefl.org.

Materials should be mailed to:

Indiana Wesleyan University
Adult Enrollment Services
1900 W. 50th St.
Marion, IN 46953

Please contact your enrollment representative if you have any questions.

Start Dates

Below are the program locations, upcoming dates, and meeting times for the MBA program. This list is updated regularly as new classes are added.