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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 and Business of Medicine MBA from its Indianapolis campus. With academic, leadership, and career development opportunities, the Kelley MBA utilizes a variety of components to educate its students.

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Faculty
The Kelley School of Business has 317 total faculty, almost half of whom are tenure track. Seventy-four percent of the faculty holds a PhD, JD, or EdD terminal degree. From 2013 to 2015, the faculty published 463 journal articles and 93 books. The full-time MBA is ranked #1 for Best Professors by the Princeton Review 2016.

Curriculum
The full-time MBA at Kelley takes two years to complete. 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 academies related to business marketing, capital markets, consulting, consumer marketing, strategic finance, or supply chain information. A specialized Academy called PLUS Life Sciences offers students additional training in the healthcare and pharmaceuticals fields. Optional second-year academies in entrepreneurial innovation or leadership are also offered.

In addition, students choose one of seven majors, or design a specialized one. The standard majors include business analytics, entrepreneurship and corporate innovation, finance, management, marketing, strategic analysis of accounting, 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 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 (such as a study abroad program), and a language and culture opportunity (such as 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. Furthermore, the Online MBA is ranked #1 by U.S. News & World Report 2016. The online MBA covers topics from business law and ethics to project management, and it requires 51 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 five 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 may be completed in two to three years, uses a cohort class and a flexible structure to help students succeed in the program. Five majors — accounting, finance, general administration, marketing, entrepreneurship, and supply chain management — are also offered. Classes take place Monday through Thursday from 6:00 pm to 8:45 pm one night each week.

Lastly, the Business of Medicine MBA is a physician-only MBA. The 21-month program blends online and on-campus learning to accommodate busy schedules.

Concentrations at Kelley
Full-time MBA students may specialize in:

  • 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
http://kelley.iu.edu/MBA/index.html

Online MBA Program
http://kelley.iu.edu/onlineMBA/index.html

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

Business of Medicine MBA Program
http://kelley.iupui.edu/physician-mba/


 

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Clubs, Conferences, & Competitions
Furthermore, the Kelley School offers MBA students the option of joining over 24 clubs, which address everything from cultural affinity, such as the Black MBA Association or the Jewish Association of MBAs, to professional skills, such as the Consulting Club or the Investment Club. Clubs for extracurricular activities, including poker, soccer, and golf, are also available. There is also a Toastmasters association and a 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 Forum on Marketing Analytics, the Kelley Forum on Supply Chain Analytics, and the IBA Analytics Fall Event. 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 — and often winning — these national case competitions, Kelley MBA students can further develop their business knowledge and experience.

Campus Spaces
The Kelley School has two campuses: one in Bloomington, and one in Indianapolis. The campus in Bloomington, Indiana, has a population of approximately 40,000 students who hail from all 50 states and over 100 countries. The Kelley School is comprised of two buildings located on the center of campus, and the $33 million Godfrey Center is home to Kelley’s full-time MBA program. Furthermore, the Indiana University-Purdue University Indianapolis campus is home to the school’s Evening MBA program, as well as its Business of Medicine MBA.


 

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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: 3M, ConAgra Frozen Foods, Deloitte Consulting, Dow Chemical, Ecolab, General Motors/OnStar, Johnson & Johnson, and Procter & Gamble.

Career Statistics
The graduates of 2015 fanned out across several industries. Marketing/Sales was the most popular industry choice, claiming nearly 28% of graduates.  A quarter of students chose Finance/Accounting for their careers, while just under 23% took on consulting positions.  Nearly 13% pursued General Management after graduation, while just over 7% entered the Information Technology field.

More than half of the Class of 2015 settled in the Midwest.  The next most popular destinations of the Southwest and West U.S. each claimed just over 11% of graduates.  Six percent of the Class of 2015 accepted jobs outside of the U.S.


 

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The Class Profile
Of the 186 members of the Class of 2017, 28% earned undergraduate degrees in business administration. Thirty-four percent majored in social sciences and humanities, while another 34% pursued science and engineering.

Furthermore, the Class of 2017 is comprised of 29% women, 18% minorities, and 36% international students. The average age of students was 28, and they had an average of five years full-time employment experience. Lastly, the average GMAT score for the class was 668.

Application Procedures
For the full-time MBA, the early application deadline is October 15th, and the priority deadline is January 5th. Round 3 is March 1st, while the final deadline is April 15th. The Kelley School’s application requirements include: transcripts verifying an undergraduate degree, a GMAT or GRE score, a current résumé, an essay, and a letter of recommendation.

The online MBA’s deadlines for applicants are January 4 (international) and February 1 (domestic) for the Spring 2016 term, as well as May 1 (international) and June 1 (domestic) for the Fall 2016 term.

The evening MBA program’s deadlines are April 1 to July 1 and October 1 to November 1.

The Business of Medicine MBA’s application deadline is July 1.

Application Checklist

  • Online Application
  • Essays
  • One Letter of Recommendation
  • Résumé
  • Official Academic Records
  • GMAT or GRE Score
  • TOEFL/IELTS Scores
  • Interview (optional)

 

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Tuition
For the 2015 – 16 year, the Kelley School’s tuition for a full-time MBA is $25,500 for Indiana residents and $44,460 for nonresidents or international students. Total fees, including room and board, come to $50,337 for residents and $69,297 for nonresidents. 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
Dean’s Fellowships, which cover two full years of tuition, are given to students who have exceptional professional experience, academic records, and leadership potential. In addition, recipients of these fellowships can work with the Kelley Dean’s Council, which is comprised of influential business leaders. Next, the Forte Foundation offers full or half-tuition fellowship awards to female students, and the Kelley Institute for Global Organizational Effectiveness (IGOE) provides up to $25,000 to students with a direct Latin American connection. Lastly, the Kelley School of Business Merit Fellowship provides $10,000 – $25,000 to students who have strong academic and leadership skills, while over 150 students receive graduate assistantship appointments and work ~12 hours a week to earn a stipend.

Other MBA Financing
The online MBA’s tuition is $1,270 per credit hour for the 2015-16 year, as well as $1,300 for the 2016-17 year. There is also an additional $30 per credit hour distance education fee.

The evening MBA is $750 per credit hour for residents and $1,428 for non-residents. An additional per-semester fee of $524 is also required. The estimated total tuition for the program is $39,000. Partial tuition scholarships (averaging $7,000) may be awarded to students with a GMAT score of 700 or more.

Lastly, the Business of Medicine MBA’s two-year tuition is an estimated $64,000 total. The program consists of 51 credit hours, and tuition is $1,236 per credit hour (2015 – 16) to $1,273 per credit hour (2016 – 17). A $500 non-refundable tuition deposit is also required. Students may qualify for aid in the form of Federal Direct Stafford Loans, Federal Direct GradPLUS Loans, or private loans.

Estimated Cost of Attendance
Full-Time MBA

  • Tuition: $25,500 (residents); $44,460 (nonresidents)
  • Mandatory Fees: $2,101
  • Room & Board: $12,150
  • Computer Allowance: $1,600
  • Books & Supplies: $1,950
  • Transportation: $2,958
  • Miscellaneous: $4,078
  • TOTAL: $50,337 (residents); $69,297 (nonresidents)

 

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Status

01/25/2017

For candidates applying for 2017:

Early Round
Application Deadline: October 15, 2016, Notification Date: December 20,  2016

Priority Deadline
Application Deadline: January 5, 2017, Notification Date: March 15, 2017

Round 3
Application Deadline: March 1, 2017, Notification Date: April 30, 2017

Final Round
Application Deadline: April 15, 2017, Notification Date: May 31, 2017

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Stats

CLASS SIZE186
FEMALE29%
MEAN GMAT668
MEAN GPA3.36

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