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Kelley School of Business – Indiana University

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CLASS SIZE 96
Women 38%
MEAN GMAT 685
MEAN GPA 3.40

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. With academic, leadership, and career development opportunities, the Kelley MBA uses a variety of components to educate its students.

indiana mba marketing

FAQ

What is the tuition for Kelley’s MBA program?

The tuition for Kelley's MBA program is $28,992 for Indiana residents and $54,602 for non-residents per year. The total cost of the Kelley MBA program is $81,386 per year for non-residents; this includes budgeted living 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 685.

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 322 for the latest incoming class.

What is the minimum number of years of work experience required for admission to Kelley’s MBA program?

Kelley does not state a minimum requirement for years of work experience. However, it is important for candidates to be aware that they are being considered against other candidates with an average of 6.4 years of 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 MBA program is 6.4. 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.

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 38%.

Admissions

The Class Profile

The 96 members of the Class of 2025 have an average age of 30 and an average of 6.4 years of work experience. Women comprise 38% of the class and 58% are international students. Twenty-one percent identify as minorities. During their undergraduate years, the group averaged a 3.40 GPA. Thirty-five percent had earned undergraduate degrees in business administration. Twenty-four percent majored in social sciences and humanities, while another 33% pursued science and engineering. When it came time to take the GMAT, the new Kelley MBA students averaged a score of 685.

Application Procedures

The Kelley School’s application requirements include the following: transcripts verifying an undergraduate degree, a current résumé, an essay, and a letter of recommendation. While Kelley does typically require a GMAT or GRE score, applicants with strong academic achievement in prior undergraduate and graduate degree programs, a CPA or CFA certification (or their international equivalents) may submit a waiver request. 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. Interviews are initiated by invitation only. 

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

Need help with your essays? Get our experts' advice.

Interview Reports

Indiana / Kelley Q&A's

Indiana / Kelley LiveWire and DecisionWire

MBA LiveWire

June 5, 2024 7:58am ET
Accepted to Indiana / Kelley
Round: Rolling Admissions
Received via email on June 02, 2024
GPA: 3.2
Post MBA Career Name: Entrepreneurship
May 20, 2024 5:34pm ET
Accepted to Indiana / Kelley
Round: Round 3
Received via email on April 28, 2024
GPA: 4.0
Post MBA Career Name: Finance
Application Location: Illinois
May 7, 2024 5:51am ET
Rejected at Indiana / Kelley
Round: Round 4
Received via email May 7, 2024
GRE: 315
Program Type: Traditional Two-Year
March 18, 2024 6:26pm ET
Accepted to Indiana / Kelley
Round: Round 2
Received via email
GPA: 3.78
GMAT: 680
Program Type: Traditional Two-Year
Post MBA Career Name: Finance
Application Location: Midwest
Note:

Veteran with 6 years experience

March 13, 2024 4:08pm ET
Rejected at Indiana / Kelley
Round: Round 2
Received via email on February 26, 2024
GRE: 305
Program Type: Traditional Two-Year
Post MBA Career Name: Marketing
Application Location: Nigeria
Note:

Rejected without interview

March 11, 2024 8:24am ET
Waitlisted at Indiana / Kelley
Round: Round 2
Received via email on February 29, 2024
Program Type: Traditional Two-Year
Note:

Waitlisted after interview

March 10, 2024 1:04pm ET
Accepted to Indiana / Kelley
Round: Round 2
Received via email on March 07, 2024
GPA: 3.2
Program Type: Traditional Two-Year
Post MBA Career Name: Marketing
March 6, 2024 5:36pm ET
Accepted to Indiana / Kelley
Round: Round 2
Received via email on February 29, 2024
GRE: 325
Program Type: Traditional Two-Year
Note:

Received with per year 40K Forte scholarship

MBA DecisionWire

Cor
August 20, 2024 9:28am ET
Enrolled: Cornell / Johnson
Admitted: Cornell / Johnson $
$40000
,
Washington U. / Olin $
$100000
Applied: Cornell / Johnson, Michigan / Ross, UVA / Darden, Vanderbilt / Owen, Washington U. / Olin
Entering Year: 2024
Post MBA Career: Undecided
GPA: 3.85
Location: Miami, FL
Notes:

This is for applicants who are applying directly from undergrad to an MBA program without "post-bachelor" work experience. It is tough but possible with perseverance.

Sta
July 31, 2024 12:10pm ET
Enrolled: Stanford GSB
Admitted: U. Chicago Booth , Columbia $
$180000
,
Harvard Business School $
$130000
,
Michigan / Ross , Stanford GSB $
$130000
Applied: U. Chicago Booth, UPenn / Wharton, Stanford GSB, Michigan / Ross, Harvard Business School, Columbia
Entering Year: 2024
Post MBA Career: Undecided
GMAT: 750
Notes:

Selecting Stanford GSB for smaller class size and focus on innovation and entrepreneurship.

IES
July 23, 2024 3:58pm ET
Enrolled: IESE
Admitted: Cornell / Johnson , Duke / Fuqua , IESE , UPenn / Wharton , Yale SOM
Applied: Cornell / Johnson, Duke / Fuqua, Harvard Business School, IESE, Michigan / Ross, Northwestern / Kellogg, UPenn / Wharton, Yale SOM
Entering Year: 2024
Post MBA Career: Entrepreneurship
GMAT: 710
GPA: 3.6
HBS
July 23, 2024 9:21am ET
Enrolled: Harvard Business School
Admitted: Harvard Business School , Stanford GSB
Applied: Stanford GSB, Harvard Business School
Entering Year: 2024
GMAT: 760
Notes:

Opt'ed for HBS given stronger alumni network, larger class/network size, and better placement outside of Tech industry

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 MBA at Kelley takes two years to complete. The Kelley MBA begins with Me, Inc., a two-week program in teambuilding and career development. The first semester consists of the integrated core courses, which helps students understand business fundamentals over the course of 15 weeks. Courses cover topics such as economic foundations and quantitative analysis.

First-year MBA students choose an Academy to gain additional access to specific activities, consulting projects, career coaches, and mentorship opportunities related to their chosen field. First-year MBA students may choose from the following academies: Business Marketing, Capital Markets, Consulting, Consumer Marketing, Strategic Finance, High-Tech, or Supply Chain and Digital Enterprise. A specialized Academy called PLUS Life Sciences offers students additional training in the health care and pharmaceuticals fields. Optional second-year Entrepreneurial Innovation and Leadership Academies are also offered.

In addition, students choose one of seven majors, or they can design a specialized one. The standard majors include business analytics, entrepreneurship and corporate innovation, finance, management, marketing, strategic analysis of accounting information, and supply chain and operations. Majors require 15 credit hours. Minors, which require six additional credit hours, are also offered.

Kelley MBA students may also earn a certificate in social entrepreneurship, product management, or global business achievement. The social entrepreneurship program consists of 18 credit hours, and it works in conjunction with the School of Public and Environmental Affairs. Meanwhile, the global business achievement certificate requires three hours of specialized coursework, a global experience component (e.g., a study abroad program), and a language and culture opportunity (e.g., a foreign language course).

Lastly, leadership components are built into the program with Me, Inc., which helps students develop a deeper understanding of their personal brand and how to parlay that knowledge into career opportunities.

Other MBA Degree Options

In Bloomington, the Kelley School of Business offers a full-time MBA program as well as an online MBA option. The Online MBA covers topics from business law and ethics to project management. It can be completed in two years by taking two to three courses each quarter, although students may take up to four years to complete the program.

In Indianapolis, the Evening MBA program is offered, along with the Business of Medicine MBA. The Evening MBA program, which can be completed in two years, uses a cohort class and a flexible structure to help students succeed in the program. Four majors—finance, management and entrepreneurship, marketing, and supply chain management—are also offered. 

Lastly, the Business of Medicine MBA is a physician-only MBA. The two-year program blends online and on-campus learning to accommodate busy schedules.

Majors at Kelley

  • Business Analytics
  • Entrepreneurship and Corporate Innovation
  • Finance
  • Management
  • Marketing
  • Strategic Analysis of Accounting Information
  • Supply Chain and Operations

Degree Offerings At Kelley

Full-time MBA Program
https://kelley.iu.edu/programs/full-time-mba

Online MBA Program
https://kelley.iu.edu/programs/online/index.cshtml

Evening MBA Program
https://kelley.iupui.edu/programs/evening-mba/

Business of Medicine MBA Program
https://kelley.iupui.edu/programs/physician-mba/index.html

Campus Life

Clubs, Conferences, & Competitions

At the Kelley School, MBA students have the choice of almost 30 clubs to join and may launch a new club if so interested. The student-led 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 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, though some may be suspended due to COVID-19. For instance, the Institute for Business Analytics offers annual conferences such as the Kelley Analytics Conference. 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 MBA experience. These competitions allow Kelley MBAs to hone their presentation skills, network with peers from other universities, and showcase their knowledge in front of corporate recruiters. By participating in these national case competitions, such as the Elite Eight Brand Management Case Challenge, Kelley MBA students can further develop their business knowledge and experience.

Campus Spaces

The Kelley School offers academic programs on Indiana University’s core campuses—the scenic flagship campus in Bloomington, which enrolls almost 50,000 students, and the urban IUPUI campus in Indianapolis, where almost 30,000 students are enrolled. The Full-Time MBA Program is located on the Bloomington campus, which attracts students from all over the US and more than 40 countries. Here, the Kelley School is comprised of three buildings, including a new career services center, located at the center of campus. Kelley at IUPUI offers the Evening MBA program and the Business of Medicine MBA.

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. Individualized coaching is also available. Furthermore, over 300 companies recruit from the Kelley School, and the top MBA hiring companies include: Amazon, Conagra, Deloitte Consulting, EY, Infosys Consulting, Lilly, Microsoft, Nestlé, Procter & Gamble and PwC.

Career Statistics

The Kelley MBA Class of 2023 started their post-MBA careers with a mean base salary of $140,486 and mean signing bonus of $37,646. Consulting was the most popular industry, as 27% of graduates selected it. Tech followed at 21%. Fourteen percent of the class each pursued positions in financial services or CPG. Seven percent went into manufacturing.

A significant number of members of the Class of 2023 settled in the Midwest – 42%. The next most popular destination was the Western U.S., which claimed 21% of graduates. Twelve percent settled in the Northeast, 13% in the Southwest and nearly 2% abroad.

Financing

Tuition

For 2023-2024, the Kelley School’s tuition for a full-time MBA is $28,992 for Indiana residents and $54,602 for nonresidents or international students. Over half of the students receive merit aid, which is awarded during the admissions process. Merit awards range from $10,000 to full tuition and are based on an applicant’s application strength, GMAT score, and professional accomplishments.

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 $10,000 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. Forte Fellowships recognize outstanding women with awards ranging from half to full tuition. Students with a direct connection to Latin America are considered for Global Fellowships, valued at $35,000 per year. Through Kelley’s affiliation with Reaching Out MBA, LGBTQ+ candidates can be considered for Reaching Out Fellowships. Kelley Merit Fellowships, with awards ranging from $10,000 to full tuition, are provided to candidates who have demonstrated strong academic and professional achievement. Through Kelley’s affiliation with the Consortium for Graduate Study in Management, an organization founded to help reduce the significant underrepresentation of African Americans, Hispanic Americans and Native Americans in business school enrollments and the ranks of management, candidates who demonstrate support of the Consortium’s mission can be considered for full-tuition Consortium Fellowships.

Estimated Cost of Attendance (per year)

Tuition:

  • Residents $28,992
  • Non-residents $54,602

Mandatory Fees $2,352
Housing & Food: $15,446
Transportation: $2,958
Books & Supplies $1,950
Miscellaneous: $4,078

Totals:
Residents $55,776
Non-residents $81,386

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