Kelley School of Business – Indiana University

FAQ

What is the tuition for Kelley’s MBA program?

The tuition for Kelley's MBA program is $28,425 for Indiana residents and $53,533 for non-residents per year. The total cost of the Kelley MBA program is $80,275 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 679.

Does the Kelley MBA program accept the GRE?

Yes. The Kelley MBA program has accepted the GRE for a few years now.

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, 2022. The Round 2 application deadline is January 5, 2023. The Round 3 deadline is March 1, 2023. The Round 4 deadline is April 15, 2023.

What percent of Kelley MBA students are women?

The percentage of the class at Kelley that are women is 31%.

VIDEOS

Admissions

The Class Profile

The 157 members of the Class of 2023 have an average age of 30 and an average of 6.4 years of work experience. Women comprise 31% of the class and 23% are international students. Twenty-nine percent identify as minorities. During their undergraduate years, the group averaged a 3.33 GPA. Thirty-seven percent had earned undergraduate degrees in business administration. Thirty percent majored in social sciences and humanities, while another 28% pursued science and engineering. When it came time to take the GMAT, the new Kelley MBA students averaged a score of 679.

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

Interview Reports

Indiana Kelley MBA Interview Questions & Report: Round 3 / Adcom & Student

This person was an adcom member and 2nd-year student which touched on a bit of resume and applicated based questions. The questions I was asked were: Tell me about yourself. Why MBA? Why Kelley? What is your leadership style? Have you ever worked with someone difficult? Any questions for me? The interview was a great […]

Indiana / Kelley MBA Interview Questions & Report: Round 2 / Adcom / Skype

The interviewer had read my application. Questions: Why MBA ? Why Kelley ? What is difference between leader and manager ? Who was the best leader I worked for ? How would I handle conflict with teammates ? If I had to pick and ideal team , what qualities would I look for in the […]

Indiana / Kelley MBA Interview Questions & Report: Round 2 / Adcom / Off-Campus Hub

The following Indiana / Kelley MBA interview questions and report were submitted to Clear Admit by a Round 2 applicant. Good luck to them! Introduce yourself Career goals Why Kelley Describe an obstacle you faced at workplace, how did you overcome it Did you receive any feedback early on in your career which has helped you Describe […]

Indiana / Kelley MBA Interview Questions & Report: Round 1 / Second-year Student / On-Campus

The following Indiana / Kelley MBA interview questions were submitted to Clear Admit by a Round 1 applicant. Good luck to them! The interview took place in a small meeting room in the admissions office and was conducted by a second year student. There were no surprising questions and the interviewer was very enthusiastic about the program. […]

Indiana / Kelley MBA Interview Report: Round 3 / Second-year Student / Skype

The following Indiana / Kelley MBA interview report was submitted to Clear Admit by a Round 3 applicant who was admitted. Congratulations to them! Background: Indian, Male, almost 7 years of work experience in Telecom projects with 5 of those years spent in Africa, short term goal- product management in technology space, GMAT- 760 Interview Experience: I […]

Indiana / Kelley MBA Interview Report: Round 3 / Second-year Student / Skpe

The following Indiana / Kelley MBA interview report was submitted to Clear Admit by a Round 3 applicant. Good luck to them! The interview was pretty straightforward interview with a current second year student. Typical questions that started with walking through résumé and explaining decisions on switching from job to job. Asked about leadership experiences and […]

IU / Kelley Interview Report: Round 2 / Adcom / Off-Campus

The following IU / Kelley MBA interview report was submitted to Clear Admit by a Round 2 applicant. Arrived early and waited in the hotel lobby’s lounge, which was where the interview took place. Interviewer arrived 15 minutes early and asked if we could get started because he had a cancellation. Interview lasted about about […]

IU / Kelley MBA Interview Report: Round 1 / Student / Campus

The following IU / Kelley MBA interview report was submitted to Clear Admit by a Round 1 applicant. This was a very informal interview which took place in a small meeting room adjacent to the admissions office. The interview was conducted by a second year student who seemed very enthusiastic about the program. Questions were […]

Iu-kelley Q&As

Admissions Director Q&A: Kelley School of Business’ James Holmen

How did southern California native James Holmen end up in Bloomington, Indiana, directing admissions at the Kelley School of Business? And what’s kept him there for more than 20 years? We caught up with him earlier this week to learn that and much more. Holmen studied economics and sociology at UCLA, but what he learned […]

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. Over three quarters of the faculty holds a PhD, JD, or EdD terminal degree. 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 a career foundations Academy to gain additional access to specific activities, consulting projects, career coaches, networking, company visits, 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, and Supply Chain and Digital Enterprise.  There is also the industry exploration Academies – the PLUS Life Sciences Academy and the new High Tech Academy. The specialized PLUS Life Sciences Academy offers students additional training in the health care and pharmaceuticals fields. In the High Tech Academy, students learn about and prepare for tech-related business roles.  Second-year students can also take the optional Entrepreneurial Innovation Academy and the Leadership Academy.

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 certificates in social entrepreneurship, global business achievement, and product management. The social entrepreneurship program consists of 18 credit hours, and is offered in conjunction with the O’Neill School of Public and Environmental Affairs at IU. 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).  The project management certificate consists of 15 credit hours and prepares students for careers at the intersection of technology, business, and design.

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, and it requires 54 credit hours to complete. 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. Five majors—finance, general administration, 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
• 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 2021 started their post-MBA careers with a median base salary of $120,000 and median signing bonus of $30,000. Technology was the most popular industry, as 23% of graduates selected it. Consulting followed at 16%. Fourteen percent of the class pursued positions in healthcare, while 13% selected CPG. Financial services saw 10% of new Kelley graduates and manufacturing and retail each took in 9%.

A significant number of members of the Class of 2021 settled in the Midwest – 41%. The next most popular destination was the Western U.S., which claimed 28% of graduates. Fourteen percent settled in the Northeast, 8% in the Mid-Atlantic, 5% in the South and 3% abroad.

Financing

Tuition

For 2022-2023, the Kelley School’s tuition for a full-time MBA is $28,425 for Indiana residents and $53,533 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 $28,425
Non-residents $53,533

Mandatory Fees $2,300

Books & Supplies $1,950

Totals:
Residents $32,675
Non-residents $57,783

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