The Master of Science in Industrial Administration (MSIA) is a unique accelerated program that is Krannert's one-year alternative to its traditional two-year MBA. Krannert has chosen to use the MBA degree label in West Lafayette to apply to its two year, 60 credit hour program that allows students to select one or more areas of business to study in depth. However, the rigorous 48-credit MSIA program includes Krannert's MBA core curriculum, along with several electives and meets the minimum curriculum standards for an MBA program under AACSB accreditation guidelines. Therefore, MSIA graduates should be regarded as having an educational background equivalent to someone with a one-year general MBA.
Purdue University is an accredited member of the North Central Association of Colleges and Secondary Schools.