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

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 #21 by the U.S. News & World Report 2020 and their online MBA program stands at #1 U.S. News & World Report 2020.

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 in researching 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
Email: iumba@indiana.edu

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, median salary.


S. No. Indiana – Kelley School of Business Numbers
1 GMAT average score 666
2 Average GPA 3.34
3 Class Size (enrolled in the class of 2021) 135
4 Tuition (per academic year) $27,865 (Indiana Residents)

$51,451 (non-residents/International)

5 Base Salary 2018 $107,000
6 Signing Bonus 2018 $25,000 



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 2021


Enrolled 135
Average GMAT 666
Undergraduate GPA (Average) 3.34
Average age 29
% of women in the class 33%
% of international citizens 36%
Average years of work experience 5.6



Kelley School of Business: Undergraduate Majors of the Class of the Class of 2021




Undergraduate Majors % of the class of 2019
Business Administration 33%
Social Science and Humanities 22%
Science and Engineering 39%
Other 6% 



Kelley School of Business: 2019-2020 MBA Application Deadlines

At the Kelley School of Business, the admission process is almost entirely online. The candidates submit their applications online and the process is called eApp. Similar to other B-schools the candidates must submit a letter of recommendation (contact details of the person who is recommending has 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.

Candidates can schedule an on-campus interview as part of their application process. This has to be done before the application is submitted. After the submission, only shortlisted candidates are invited for an interview.

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, 2019 December 20, 2019
Priority January 5, 2020 March 15, 2020
Round 3 March 1, 2020 April 30, 2020
Final April 15, 2020 May 31, 2020



Kelley School of Business: 2018 Employment Report and Salaries

Traditionally, business school graduates find professional opportunities in industries like Consulting, Technology and Financial Services. For the 2018 graduating class of Kelley, the Consumer goods and Manufacturing 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 – 18% of the class took up jobs in the Consulting industry and took home industry-best salaries of $135,000. However, bucking the usual B-school placement trend, Consumer goods industry was the second highest recruiter with 16% of the class opting for jobs in the industry. This was followed by the Technology industry at 15% of all the accepted job offers.

Below is the detailed employment report of Indiana – Kelley’s outgoing class of 2018. 

Indiana University Kelley School of Business - Kelley MBA Program - Employment by Industry


Industry Percent Median Base Salary
Consulting 18% $135,000
Consumer Packaged Goods 16% $107,500
Energy 2% $100,000
Financial Services 12% $110,000
Healthcare 11% $105,000
Manufacturing 13% $110,000
Technology 15% $102,250
Other Services 12% $105,500



Kelley MBA Program: Employment by Function

Amongst the outgoing class of 2018, Marketing and Sales related job profiles were the most popular – an astounding 32% of the 2018 graduates opted for these functions. After that came Consulting roles with 24% of the class choosing consultancy based functions. Keeping with the industry-wide trend – consultancy jobs offered the best salaries with the median base salary coming to $130,000.

Indiana University Kelley School of Business - Kelley MBA Program - Employment by Function


Function Breakdown Percentage Median  Base Salary
Consulting 24%  $130,000
Finance 20%  $105,000
General Management 13%  $110,000
Human Resources 2%  $105,000
Marketing/Sales 32%  $108,500
Operations/Production 4%  $105,250
Other 5%  $100,000



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

Indiana University Kelley School of Business - Kelley MBA Program - Employment by Region


Region Percentage
Northeast 9%
Mid-Atlantic 7%
Midwest 51%
South 6%
Southwest 6%
West 20%



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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