Kelley School of Business – Indiana University
Indiana University’s Kelley School of Business offers a full-time MBA and an online MBA degree program from its Bloomington campus as well as an Evening MBA and Business of Medicine MBA from its Indianapolis campus. Key features of the top-ranked Full-Time +Flex MBA Program on the Bloomington campus include comprehensive career development, experiential learning and networking through career-focused Academies, world-class faculty who get to know you, and support from an alumni network of more than 133,000. Students have the option to complete their second year on campus or online so they can take advantage of employment opportunities, return to their families, or live wherever they choose.
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Indiana Kelley Full-Time MBA
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FAQ
What is the tuition for Kelley’s full-time MBA program?
The tuition for Kelley's Full-Time +Flex MBA program is $29,573 for Indiana residents and $55,695 for nonresidents per year. The total cost of the Kelley MBA program is $83,258 per year for non-residents; this includes tuition, mandatory student fees, housing and food, books and supplies, transportation and miscellaneous expenses.
What is the average GMAT score for admission to Kelley's MBA program?
The average GMAT score for the incoming class at Kelley is 683.
Does the Kelley MBA program accept the GRE?
Yes. The Kelley MBA program has accepted the GRE for a few years now. The average GRE score was 319 for the latest incoming class.
What is the minimum number of years of work experience required for admission to Kelley’s MBA program?
While Kelley does not state a minimum requirement for years of work experience, they prefer candidates with at least three years of full-time experience.
What is the average number of years of work experience for admission to Kelley's MBA program? (or, What is the average age of a Kelley MBA student?)
The average number of years of work experience among students in Kelley's full-time MBA program is 6.3. On average, Kelley students are 30 years old.
How long is Kelley's full-time MBA program?
Kelley offers a traditional 2- year MBA program. Students who choose to complete their second year online experience the benefits of an immersive on-campus program during the first year while finishing their second year online with classes from Kelley’s #1-ranked online MBA.
What are the application deadlines for the Kelley full-time MBA program?
The Round 1 MBA application deadline is October 15, 2024. The Round 2 application deadline is January 5, 2025. The Round 3 deadline is March 1, 2025. The Round 4 deadline is April 15, 2025.
What percent of Kelley MBA students are women?
The percentage of the class at Kelley that are women is 28%.
Admissions
The Class Profile
The 103 members of the Class of 2026 have an average age of 30 and an average of 6.3 years of work experience. Women comprise 28% of the class and 46% are international students. Twenty-one percent identify as U.S. minorities. During their undergraduate years, the group averaged a 3.40 GPA. Thirty-nine percent had earned undergraduate degrees in science and engineering. Thirty-four percent majored in business administration, while another 23% pursued social sciences and humanities. When it came time to take the GMAT, the new Kelley full-time MBA students averaged a score of 683. Those who took the GRE averaged a total score of 319, with the average Quant score landing at 161 and average Verbal score landing at 158.
Application Procedures
The Kelley School’s application requirements include the following: transcripts verifying an undergraduate degree, a GMAT or GRE score (waivers available), a current résumé, essay responses, and a letter of recommendation. International applicants may be expected to submit TOEFL or IELTS results, if their native language is not English. Applicants can apply in one of four rounds, which typically fall in October, January, March, and April. Once applications are submitted, interviews are offered by invitation only; these are conducted over Zoom. Students interested in the online option for year two can decide at any point during year one—you don’t need to decide when you apply.
Application Checklist
- Online Application
- Essays
- One Letter of Recommendation
- Résumé
- Official Academic Records
- GMAT or GRE Score
- TOEFL/IELTS Scores (if applicable)
- $75 application fee
Essay Topic Analysis
Recommendation Questions
Indiana / Kelley Q&A's
Indiana / Kelley LiveWire and DecisionWire
Academics
Faculty
Across its Bloomington and Indianapolis campuses, the Kelley School of Business has 329 faculty members, more than half of whom are tenure track. The faculty is known for their research, as they have published hundreds of journal articles and books in the span of only a couple of years.
Curriculum
The Full-Time +Flex MBA at Kelley takes two years to complete. Students begin with Me, Inc., a unique three-week program in teambuilding and career development. The first semester consists of integrated core courses, where Kelley’s best professors come together in team-taught sessions that build your acumen in foundational subjects such as accounting, marketing, and quantitative analysis.
First-year MBA students choose a Career Foundation Academy to gain additional access to specific activities, consulting projects, career coaches, networking opportunities, and mentorship related to their chosen field. First-year MBA students may choose from the following academies: Business Marketing, Business Operations and Innovation, Capital Markets, Consulting, Consumer Marketing, or Strategic Finance. A specialized Academy called PLUS Life Sciences offers students additional training in the health care, pharmaceutical, and life sciences fields. Optional second-year Entrepreneurial Innovation and Leadership Academies are also offered.
In addition, students choose one of seven majors (five are STEM-designated), or they can design a specialized one. The standard majors include business analytics, entrepreneurship and corporate innovation, finance, strategy and leadership, marketing, strategic analysis of accounting information, and supply chain and operations. Majors require 12 credit hours of required coursework, leaving you with 18 credit hours to use for electives, a second major or minor or certificate—and a customized MBA experience.
Kelley MBA students may also earn a certificate in social entrepreneurship, product management, Human Capital or global business achievement. The social entrepreneurship program consists of 18 credit hours, and is offered in conjunction with the IU School of Public and Environmental Affairs.
Lastly, leadership development is woven throughout the program, beginning with Me, Inc., which helps students develop a deeper understanding of their personal brand and how to parlay that knowledge into career opportunities. You’ll build leadership and team-based skills during class projects. Students who complete their MBA on campus can gain additional leadership experience in the Leadership Academy and by leading one of the program’s student clubs or a consulting team as part of the Global Business and Social Enterprise program.
Majors at Kelley
- Business Analytics (STEM-designated)
- Entrepreneurship and Corporate Innovation
- Finance (STEM-designated)
- Strategy and Leadership
- Marketing (STEM-designated)
- Strategic Analysis of Accounting Information (STEM-designated)
- Supply Chain and Operations (STEM-designated)
Degree Offerings at Kelley
Full-time +Flex MBA Program
https://kelley.iu.edu/programs/full-time-mba
Evening MBA Program
https://kelley.indianapolis.iu.edu/programs/evening-mba/
Physician MBA Program
https://kelley.indianapolis.iu.edu/programs/physician-mba/index.html
Campus Life
Clubs, Conferences, & Competitions
At the Kelley School, Full-Time +Flex MBA students have the choice of 25 clubs to join and may launch a new club if so interested. The organizations address everything from cultural affinity (e.g., the Black MBA Association, the Jewish Association of MBAs) to professional skills (e.g., the Consulting Club, the Investment and Strategic Finance Club). Clubs for extracurricular activities, including soccer and golf, are also available. There is also a Toastmasters association and the Partners’ Club for MBA students’ significant others.
Conferences are also offered regularly. For instance, the Institute for Business Analytics offers annual conferences such as the Kelley Accounting/Finance Forum and the Kelley Business Analytics Conference and Data Jam. In addition, the Center for the Business of Life Sciences presents the annual Indiana Life Sciences Collaboration Conference Series, which brings together representatives from the healthcare and life sciences fields.
Case competitions also make up a crucial component of the Kelley full-time MBA experience. These competitions allow Kelley MBAs to hone presentation skills, network with peers from other universities, and showcase their knowledge in front of corporate recruiters. By participating in national case competitions, such as the Elite Eight Brand Management Case Challenge, you’ll further develop your business knowledge and experience.
Campus Spaces
The Kelley School offers academic programs on Indiana University’s core campuses—the scenic flagship Bloomington campus, which enrolls almost 50,000 students, and the urban Indianapolis campus, which enrolls 20,600 students. The Full-Time +Flex MBA Program is located on the Bloomington campus, which attracts students from all over the US and more than 100 countries. Here, the Kelley School is comprised of three buildings, including a new career services center, located at the center of campus. Kelley at IU Indianapolis offers the Evening MBA Program and the Physician MBA Program.
MBA Careers
Career Services
The Kelley School’s Graduate Career Services helps students develop the skills needed to pursue their desired careers. Students can get help with networking, interview tips, and job selection. You’ll work with a certified career coach throughout your two years in the program and you’ll develop connections and interview skills specific to your field during your first-year Academy. Furthermore, over 175 companies recruit from the Kelley School, and the top MBA hiring companies include: Amazon, Conagra, Deloitte Consulting, EY, Infosys Consulting, Eli Lilly and Company, Microsoft, Nestlé, Procter & Gamble, and PwC.
Career Statistics
The Kelley full-time MBA Class of 2024 started their post-MBA careers with a mean base salary of $35,742 and mean signing bonus of $32,232. Marketing was the most popular industry, as 29.5% of graduates selected it. Consulting followed at 28.4%. Financial services drew 18.2% of graduates.
A significant number of members of the Class of 2024 launched careers in the Midwest–55.8%. The next most popular destination was the Northeast US, which attracted 13% of graduates. 10.4% settled in the Southwest, 6.5% in the Mid-Atlantic, 7.8% in the South and 5.2% in the West.
Financing
Tuition
For 2024-2025, the Kelley School’s tuition for a full-time MBA is $29,573 for Indiana residents and $55,695 for nonresidents or international students. 90% of the students receive merit aid, which is awarded during the admissions process. Merit awards range from $15,000 to full tuition and are based on an applicant’s application strength, test scores, and professional accomplishments. Tuition remains the same if you choose to complete your second year online
Financial Aid
At the time of admission, all students are automatically considered for merit-based financial aid offered by the Kelley School of Business. Currently, more than 90% of Kelley full-time MBA students receive scholarships or fellowships ranging from approximately $15,000 to full tuition. Dean’s Fellowships, the most prestigious award, covers two full years of tuition and are given to students who have demonstrated exceptional academic and professional achievement. Forté Fellowships
Estimated Cost of Attendance (per year)
Tuition:
- Residents $29,573
- Non-residents $55,695
- Mandatory Fees $2,405
Room & Board $16,172
Books & Supplies $1,950
Transportation $2,958
Miscellaneous $4,078
Totals:
Residents $57,136
Non-residents $83,258
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Contact
Mailing Address:
MBA Program Kelley School of Business
Indiana University 1275 East Tenth Street, Suite 2010
Bloomington, IN 47405-1703
Phone: 800.99.IUMBA (800.994.8622) or 812.855.8006
Fax: 812.855.9039
Email: [email protected]
Twitter: @iukelleymba