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:
- General Information on the Indiana – Kelley School of Business Full-time MBA Program
- Indiana University Kelley School of Business MBA Program – Class profile, Cost of Attendance & Median Salary
- Kelley School of Business MBA Incoming Class Profile 2024
- Kelley School of Business: 2022-2023 MBA Application Deadlines
- Kelley School of Business: 2022 Employment Report and Salaries
- Major Employers of Kelley MBA Program Graduates
- Kelley School of Business: Notable Alumni
General Information on the Indiana – Kelley School of Business Full-time MBA Program
Location –
Godfrey Graduate and Executive Education Center
1275 E. Tenth Street
Bloomington, IN 47405
Dean: Idalene F. “Idie” Kesner
Admissions Office –
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
Social media – Facebook, Twitter, LinkedIn, Instagram, YouTube, Pinterest
Indiana University Kelley School of Business MBA Program – Class profile, Cost of Attendance & Median Salary
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 |
Here is the list of the total cost (tuition fee + living expenses) of top MBA programs across the world.
Kelley School of Business MBA Incoming Class Profile 2024
| 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 |
Kelley School of Business: Undergraduate Majors of the Class of the Class of 2024
| Undergraduate Majors | % of the class of 2024 |
| Business Administration | 37% |
| Social Science and Humanities | 21% |
| Science and Engineering | 36% |
| Other | 6% |
Kelley School of Business: 2022-2023 MBA Application Deadlines
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.
Learn here why applying in Round 1 or Round 2 is important.
| 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 |
Kelley School of Business: 2022 Employment Report and Salaries
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.
Kelley MBA Program: Employment by Industry
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 |
Kelley MBA Program: Employment by Function
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 |
Employment by Location
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.
Hires by Location
| 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 |
Major Employers of Kelley MBA Program Graduates
- Bank of America Merrill Lynch
- Cummins, Inc.
- Deloitte Consulting
- EY
- IU Health
- Johnson & Johnson
- JP Morgan Chase
- Procter & Gamble
- PwC
Kelley School of Business: Notable Alumni
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.
- Fay Ferguson, CEO, and Co-Owner, Burrell Communications Group
- Larry Gerdes, Chairman, and CEO, Pursuant Health
- Ian Lee, CEO, Asia Pacific, The Adecco Group
- Michael F. Petrie, Chairman and CEO, Merchants Bancorp and Merchants Bank of Indiana
- Richard L. Johnson, President, and CEO, Johnson Ventures
- Steven P. Coverick, Director, North America Commercial Restructuring, Alvarez & Marsal
- Derek R. Hicks, Senior Director, Worldwide Business Development, Pfizer Inc.
- Jennifer A. Hogberg, Vice President, Advisory Services, Sales Empowerment Group
- David N. Smart, Senior Vice President, CFO and Secretary to the Board, Pella Corporation
- Andrew M. Allard, Chief Operating Officer & Vice President, IU Credit Union
- Amberdeep S. Aurora, Merchandising Manager, Whirlpool Corporation
- Rob Bakalar, Global Business Manager, 3M Company
- John M. Carsello, Partner, Hammond, Kennedy, Whitney & Company, Inc.
- Eric B. Derheimer, Vice-President, CID Capital, Inc.
- Tiffany A. Hofmeister, Senior Attorney, Krieg DeVault LLP
- Jeffrey Moss, Founder, CEO, Parker Dewey LLC
- Shelley R. Raper, Director of Development, Women's Fund of Central Indiana
- Kelly Shikany, Financial Advisor, Lakeside Wealth Management Group
- Susan L. Svikhart, Broker Manager, Gloria Nilson & Co Real Estate
- Rhett Trees, Founder, and CEO, Seneca Capital Partners
- Shannon L. Watkins, Vice President, AFLAC
Other MBA programs you should consider
Stretch Schools: Duke (Fuqua), Texas-Austin (McCombs), UNC (Kenan-Flagler)
Match Schools: Georgia Tech (Scheller), Arizona State (Carey), Vanderbilt (Owen)
Safety Schools: Purdue (Krannert), Maryland (Smith), Penn State (Smeal)
