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Indiana University Kelley School of Business – Kelley MBA Program – Class Profile | Employment Reports | Notable Alumni

Indiana University Kelley School of Business – Kelley MBA Program – Class Profile | Employment Reports | Notable Alumni
A 4 min read

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.

Indiana University Kelley School of Business - Kelley MBA Program - Class Profile, Employment Reports and Notable Alumni

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

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

Social media – FacebookTwitterLinkedIn, 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 BusinessNumbers
1GMAT average score685
2Average GPA3.38
3Class Size (enrolled in the class of 2021)125
4Tuition (per academic year)$28,425 (Indiana Residents)
$53,533 (non-residents/International)
5Median Base Salary 2022$130,000
6Median 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

Average GMAT685
Undergraduate GPA (Average)3.38
Average age29
% of women in the class26%
% of international citizens45%
Average years of work experience6

Kelley School of Business: Undergraduate Majors of the Class of the Class of 2024

Undergraduate Majors% of the class of 2024
Business Administration37%
Social Science and Humanities21%
Science and Engineering36%

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 BusinessApplication DeadlineAdmissions Decision
EarlyOctober 15, 2022December 20, 2022
PriorityJanuary 5, 2023March 15, 2023
Round 3March 1, 2023April 30, 2023
FinalApril 15, 2023May 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. 

IndustryPercentage Accepting New JobsBase Salary (Median)
Consumer Packaged Goods13%$120,000
Financial Services18%$130,000
Transportation & Logistics Services3%I/D
*Other Services4%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.

FunctionPercentage Accepting New JobsBase Salary (Median)
General Management13%$125,000
Human Resources1%I/D

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 RegionPercentage Accepting New JobsBase Salary (Median)

Major Employers of Kelley MBA Program Graduates

  • Bank of America Merrill Lynch
  • Cummins, Inc.
  • Deloitte Consulting
  • EY
  • Google
  • IU Health
  • Johnson & Johnson
  • JP Morgan Chase
  • Procter & Gamble
  • PwC

Kelley School of Business: Notable Alumni

Indiana University Kelley School of Business - Kelley MBA Program - 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)

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