Bethany Theological Seminary, a private institution, was founded in Chicago in 1905 and moved to Richmond, Indiana in 1994. The 3 main degrees it offers are the Master of Divinity degree, Master of Arts degree and the Certificate of Achievement in Theological Studies. Students are given opportunities to pursue a degree with emphasis in Peace Studies or Ministry with Youth and Young Adults. The College also offers the Master of Divinity course through online and distance education modes.