The Kelley School of Business traces its origins all the way back to 1830 when Indiana College in Bloomington offered a course in political economy. The School of Commerce and Finance was established at Indiana University in 1920 and, in 1996, was named the Kelley School of Business in honor of E.W. Kelley, who established the first fully funded professorship and chair at the school. Their full-time MBA course is ranked #22 by the U.S. News & World Report 2023, and their online MBA program stands at #1 in U.S. News & World Report.
If the Indiana University Kelley School of Business is your target business school, this article will help you research the class profile and career prospects its full-time MBA program can offer you.
Here is the outline of this article:
Godfrey Graduate and Executive Education Center
1275 E. Tenth Street
Bloomington, IN 47405
MBA Program
Kelley School of Business
Indiana University
1275 East Tenth Street, Suite 2010
Bloomington, IN 47405-1703 USA
Phone: 800.99.IUMBA (800.994.8622) or 812.855.8006
Email: iumba@indiana.edu
Below are the details of the Kelley School of Business full-time MBA program’s class profile, cost of attendance, and the median salary for the class of 2024:
| S. No. | Indiana – Kelley School of Business | Numbers |
| 1 | GMAT average score | 685 |
| 2 | Average GPA | 3.38 |
| 3 | Class Size (enrolled in the class of 2021) | 125 |
| 4 | Tuition (per academic year) | $28,425 (Indiana Residents) $53,533 (non-residents/International) |
| 5 | Median Base Salary 2022 | $130,000 |
| 6 | Median Signing Bonus 2022 | $30,000 |
| Enrolled | 125 |
| Average GMAT | 685 |
| Undergraduate GPA (Average) | 3.38 |
| Average age | 29 |
| % of women in the class | 26% |
| % of international citizens | 45% |
| Average years of work experience | 6 |
| Undergraduate Majors | % of the class of 2024 |
| Business Administration | 37% |
| Social Science and Humanities | 21% |
| Science and Engineering | 36% |
| Other | 6% |
At the Kelley School of Business, the admission process is almost entirely online. The candidates complete their applications online utilizing the IU Graduate Centralized Application System. Similar to other B-schools, the candidates must submit a letter of recommendation (contact details of the person who is recommending have to be put into the online system), upload essay answers (3 compulsory and 1 optional), upload all academic work and resume and, of course, give their TOEFL (if applicable) and GMAT/GRE scores.
After the submission, only shortlisted candidates are invited for an interview. For those who are invited, the invitation can come at any point in the process up until shortly before admission decisions are released. Those invited will have the option to interview via Skype or phone.
As always, the competition is tough, and it is very important that you have your application ready by Round 1 or Round 2.
| Indiana – Kelley School of Business | Application Deadline | Admissions Decision |
| Early | October 15, 2022 | December 20, 2022 |
| Priority | January 5, 2023 | March 15, 2023 |
| Round 3 | March 1, 2023 | April 30, 2023 |
| Final | April 15, 2023 | May 31, 2023 |
Traditionally, business school graduates find professional opportunities in industries like Consulting, Technology and Financial Services. For the 2022 graduating class of Kelley, Marketing and Sales Industries also proved to be good recruiters.
Here’s a detailed look at the employment statistics by industry, job function, and location.
The Consulting industry offered the most number of jobs and the highest salaries – 29% of the class took up jobs in the Consulting industry and took home industry-best salaries of $165,000. Following the usual B-school trends, the Financial services industry was the second highest recruiter, with 18% of the class opting for jobs in the industry. This was followed by the Technology and Consumer Packaged Goods industries at 13% each of all the accepted job offers.
Below is the detailed employment report of Indiana – Kelley’s outgoing class of 2022.
| Industry | Percentage Accepting New Jobs | Base Salary (Median) |
| Consulting | 29% | $165,000 |
| Consumer Packaged Goods | 13% | $120,000 |
| Energy | 1% | I/D |
| Financial Services | 18% | $130,000 |
| Healthcare | 4% | $125,000 |
| Hospitality | 3% | I/D |
| Manufacturing | 9% | $103,500 |
| Retail | 4% | I/D |
| Technology | 13% | $126,700 |
| Transportation & Logistics Services | 3% | I/D |
| *Other Services | 4% | I/D |
Amongst the outgoing class of 2022, Consulting related job profiles were the most popular – 34% of the 2022 graduates opted for these functions. After that came Marketing roles, with 28% of the class choosing marketing-based functions. Keeping with the industry-wide trend – consultancy jobs offered the best salaries, with the median base salary coming to $165,000.
| Function | Percentage Accepting New Jobs | Base Salary (Median) |
| Consulting | 34% | $165,000 |
| Finance/Accounting | 12% | $130,000 |
| General Management | 13% | $125,000 |
| Human Resources | 1% | I/D |
| Marketing/Sales | 28% | $120,000 |
| Operations/Logistics | 6% | $120,400 |
| Other | 6% | $122,000 |
Most of the Kelley MBA graduates found career opportunities in the United States. The Midwest was the preferred destination for more than half the class – 51% took up jobs in the region.
| Geographic Region | Percentage Accepting New Jobs | Base Salary (Median) |
| International | 1% | I/D |
| Mid-Atlantic | 3% | I/D |
| Midwest | 55% | $125,000 |
| Northeast | 9% | $175,000 |
| South | 9% | $117,500 |
| Southwest | 11% | $142,900 |
| West | 12% | $136,300 |
With over 115,000 alumni, the Kelley MBA program provides a vast and expansive network of peers. The following are some notable alumni of the Kelley School of Business.
Safety Schools: Purdue (Krannert), Maryland (Smith), Penn State (Smeal)
