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Carmel, Indiana has 5 accredited schools offering business administration programs, with tuition ranging from $45,980 to $64,503 per year for indexed programs. Carmel has a population of about 100,501. Median household income is $134,602 (Census ACS 2023, 5-year). About 74.5% of adults 25+ hold a bachelor’s degree or higher. In the Indianapolis-Carmel-Greenwood, IN metro area, the top-earning business administration-related role is Financial Manager at a median $146,620 annually (BLS OEWS, May 2025).
The accredited institutions listed below are the closest in our directory that offer business administration programs near Carmel, ranked by BOC Score and straight-line distance from Carmel city center. The list is rebuilt from federal IPEDS data on every site update.
Every school list on this site is ordered by the BOC Score, computed from the most recent school-level data published by the U.S. Department of Education (College Scorecard and IPEDS). To qualify, a school must be currently operating and accredited by an agency recognized by the U.S. Department of Education. Each eligible school is then scored on five measures, percentile-ranked against schools at the same credential level:
Schools without enough outcome data appear after ranked schools, without a score. On this page, schools are ordered by distance from Carmel. Advertising never affects these rankings. Read the full methodology.
Source:IPEDSCollege Scorecard
Source:IPEDSCollege Scorecard
Source:IPEDSCollege Scorecard
Source:IPEDSCollege Scorecard
Source:Accreditor: Higher Learning CommissionIPEDSCollege Scorecard
Source:Accreditor: Higher Learning CommissionIPEDSCollege Scorecard
Source:Accreditor: Higher Learning CommissionIPEDSCollege Scorecard
Source:IPEDSCollege Scorecard
Source: IPEDS / College Scorecard (2023 cohort). Browse all Indiana schools on the Indiana business administration page.
Carmel is part of the Indianapolis-Carmel-Greenwood, IN metro area (BLS area code 26900). Where MSA-level wages are published, the table below shows MSA medians; otherwise it falls back to Indiana statewide.
| Occupation | Median Wage | Source | COL-Adjusted (US=100) |
|---|---|---|---|
| General and Operations Manager | $120,480 | Indianapolis-Carmel-Greenwood, IN | $125,893 |
| Administrative Services Manager | $123,520 | Indianapolis-Carmel-Greenwood, IN | $129,070 |
| Financial Manager | $146,620 | Indianapolis-Carmel-Greenwood, IN | $153,208 |
| Human Resources Manager | $135,770 | Indianapolis-Carmel-Greenwood, IN | $141,870 |
| Management Analyst | $97,020 | Indianapolis-Carmel-Greenwood, IN | $101,379 |
| Project Management Specialist | $99,710 | Indianapolis-Carmel-Greenwood, IN | $104,190 |
| Accountant or Auditor | $79,290 | Indianapolis-Carmel-Greenwood, IN | $82,853 |
| Training and Development Specialist | $65,000 | Indianapolis-Carmel-Greenwood, IN | $67,921 |
| Office and Administrative Support Supervisor | $74,680 | Indianapolis-Carmel-Greenwood, IN | $78,036 |
Source: BLS, May 2025 Occupational Employment and Wage Statistics. The U.S. Bureau of Labor Statistics publishes wage data at the metro (MSA) and state level – not by individual city.
| Metric | Value | Source |
|---|---|---|
| Population | 100,501 | Census ACS 2023 5-yr (B01003) |
| Median household income | $134,602 | Census ACS 2023 5-yr (B19013) |
| Adults 25+ with bachelor’s+ | 74.5% | Census ACS 2023 5-yr (B15003) |
| Regional Price Parity (US=100) | 95.7 (below U.S. average) | BEA RPP 2024 |
| Business Administration-related employment in Hamilton County | 8,334 workers, 1,265 establishments | BLS QCEW 2024 annual |
Accredited schools offering business administration programs near Carmel are listed on this page, ranked by BOC Score and distance from the city center. The list is rebuilt from federal IPEDS and College Scorecard data on every site update, so it stays current as programs open and close.
Based on BLS OEWS May 2025 wage data, the top-paying business administration-related roles near Carmel are: Financial Manager ($146,620), Human Resources Manager ($135,770), Administrative Services Manager ($123,520). These reflect MSA-level medians where published, with Indiana statewide fallback for occupations not reported at the metro level.
Westfield, IN is 4.6 miles from Carmel and has its own set of local business administration programs – see the city’s page. For online programs, distance matters less; for hybrid or in-person formats, comparing both can help.
Carmel’s median household income of $134,602 (Census ACS 2023) is one input. Online programs let students stay in Carmel while attending lower-cost out-of-state schools, and Indiana public universities often offer reduced in-state online tuition.
Confirm institutional accreditation via the U.S. Department of Education database (U.S. Dept. of Education database), and check for any program-specific accreditation listed by the school.
Compare every accredited online degree program with city-level data for Carmel:
Data verified: July 23, 2026. Salary, employment, and tuition figures on this page are sourced from the U.S. Bureau of Labor Statistics (OEWS May 2025; Employment Projections 2024–2034) and the U.S. Department of Education College Scorecard (2023 cohort). The source agency and data year are cited inline with every statistic.
Back to Best Online Business Administration Programs in Indiana (2026)
