Indiana University

Program Basics

• • Full-time MBA Program
  • Kelley School of Business
  • 1275 E. 10th Street
  • Suite 2010
  • Bloomington, 47405, Indiana
  • United States
  • Program Web site: http://kelley.iu.edu/mba/
  • Status: Public
  • Program e-mail address: MBAOFFICE@indiana.edu
  • Graduate business school is accredited by:
    • Association to Advance Collegiate Schools of Business (AACSB)

SCHOOL BASICS

• Graduate business school enrollment:

  • Total: 1,620
  • Full-Time MBA: 419
  • Part-Time MBA: 1,127
  • PhD Program: 74
• • Other graduate degree programs:
    • Master of Accounting
    • Master of Electronic Commerce/Information Systems
    • Master of Finance
    • Other
  • Masters in Public Accounting, Masters in Global Supply Chain in Management, Masters in Strategic Management

PROGRAM COSTS

• Total direct costs (tuition and required fees) of the entire MBA program:

  • Resident: $52,736.00
  • Nonresident: $90,700.00
  • Recommended annual budget (Resident): $43,058.00
  • Recommended annual budget (Nonresident): $63,040.00

PROGRAM LENGTH

• • Full-time program (months): 21

ADMISSIONS

• Application Deadlines

  • Semester: Fall 2012
  • Deadline: Nov 1, 2011
  • Semester: Fall 2012
  • Deadline: Jan 5, 2012
  • Semester: Fall 2012
  • Deadline: Mar 1, 2012
  • Semester: Fall 2012
  • Deadline: Apr 15, 2012
• • Does the program have rolling admissions? No
  • Is proficiency in English required for admission? Yes
  • Is a minimum score on an English language proficiency test required? Yes

• Which English language proficiency tests are accepted?

  • • IELTS
    • TOEFL Internet Based Test
    • TOEFL Paper-based Test
• • Minimum paper-based TOEFL score required for MBAs: 600

• Relative Importance of Application Elements:

  • GMAT Score: Very Important
  • Resume/Work Experience: Very Important
  • Application Essays: Very Important
  • Interviews: Very Important
  • Recommendations: Very Important
  • Undergraduate Transcripts: Very Important

APPLICANTS

• • Applications (admitted and denied) to the newest class: 1,179
  • Applicants who were accepted to the most recent class: 38 %
  • Admitted applicants who enrolled in the newest class: 48 %
  • Applicants who were re-applicants from prior years: 0 %
  • Percentage of this year's reapplicants accepted: 0 %
  • Applicants wait-listed during the last admissions cycle: 80
  • Wait-listed applicants admitted for the semester to which they applied: 3
  • Applicant interviews are: Recommended
  • Applicants (admitted and denied) who were interviewed: 64 %
  • Admitted applicants who were interviewed: 100 %

APPLICANT POOL

• • Mean base salary forgone: $46,189.00
  • Median base salary forgone: $47,000.00

CLASS PROFILE

• Full-time students in newest entering class (2010-2011) that are:

  • Female: 32 %
  • International: 36 %
  • Married: 20 %

• Students from following regions:

  • Africa: 1 %
  • Asia: 33 %
  • Europe: 1 %
  • North America: 63 %
  • Latin America and the Caribbean: 2 %
  • Oceania: 0 %

• Percentage of U.S. students in newest entering class that are:

  • African American: 7 %
  • Asian American: 13 %
  • Hispanic or Latino American: 4 %
  • Multiethnic/Multiracial: 1 %
  • Native American: 0 %
  • White (Non-Hispanic): 49 %
  • Chose not to report: 25 %
  • Other: 1 %

• Percentage of U.S. students in newest entering class who are from the following regions:

  • Northeast: 17 %
  • Mid-Atlantic: 13 %
  • South: 8 %
  • Southwest: 5 %
  • Midwest: 41 %
  • West: 16 %
  • Possessions and territories: 0 %
• • Mean months of work experience of newest entering class: 57
  • Median months of work experience of newest entering class: 52

• Middle 80% range of work experience of newest entering class in months:

  • From: 30
  • To: 89
• • Median age of entering class: 28
  • Mean age of entering class: 28

FINANCIAL AID

• • Full-time MBAs apply for financial aid through: Dedicated financial aid office at the B-school
  • Full-time MBAs who applied for financial aid for the current academic year: 95 %
  • Full-time MBAs receiving financial aid in the current academic year: 89 %
  • Mean MBA financial aid package for the current academic year: $41,899.00
  • Median MBA financial aid package for the current academic year: $44,338.00
  • On what basis are scholarships awarded?
    • academic merit
  • How does an applicant apply for scholarship consideration? As part of the admissions application
  • Mean scholarship awarded to full-time MBAs in the previous academic year: $24,341.00
  • Percentage of first-year students receiving financial aid who receive at least the same amount in their second year of study: 100 %
  • Does the school offer a guaranteed loan to all MBAs regardeless of nationality? No
  • Mean outstanding debt among the most recent graduates from the full-time MBA program: $67,562.00

GMAT

• • Are applicants required to take the GMAT? Yes
  • Are applicants allowed to submit the GRE? No

• GMAT score distribution (applicant pool):

  • 10th Percentile 560
  • 50th Percentile (median) 670
  • 75th Percentile 700
  • 25th Percentile 620
  • Average GMAT Score 654
  • 90th Percentile 760

• GMAT score distribution (incoming class):

  • 25th Percentile 640
  • 10th Percentile 590
  • 50th Percentile (median) 680
  • 75th Percentile 710
  • Average GMAT Score 670
  • 90th Percentile 730

CLASS OFFERINGS

• • Average number of students in a full-time MBA core class: 71
  • Average number of students in a full-time MBA elective class: 34
  • Elective courses available to full-time MBA students: 101

• Electives that have been added to the full-time program since June 30, 2010:

  • Marketing Intelligence Management
  • Business Analytics

• Concentrations and specializations offered to full-time MBA students:

  • • Consulting
    • Finance
    • Entrepreneurship
    • General Management
    • Marketing
    • Supply Chain Management
    • Accounting
    • Operations Management
    • Corporate Social Responsibility
    • International Business
    • Portfolio Management
  • Business Analytics

• Joint-degree programs offered to full-time MBAs:

  • • MBA/MA (Arts)
    • MBA/JD (Law)
• • Does the school offer an accelerated full-time MBA program? No

• The school believes that its leading areas of study for full-time MBA students are:

  • • Finance
    • General Management
    • Entrepreneurship
    • Marketing
    • Supply Chain Management

FACULTY

• • Faculty employed by the B-school: 302

• Full-time faculty:

  • Tenured: 105
  • Non-Tenured: 168

• Adjunct/Visiting Faculty:

  • Tenured: 0
  • Non-Tenured: 29

• Women on Faculty:

  • Tenured: 23
  • Non-Tenured: 73

• Minority Faculty:

  • Tenured: 4
  • Non-Tenured: 16

• International Faculty:

  • Tenured: 15
  • Non-Tenured: 28

• Faculty with PhDs:

  • Tenured: 105
  • Non-Tenured: 95

STUDENT LIFE

• Professional clubs available to full-time MBA students:

  • • Corporate Social Responsibility/NetImpact
    • Entrepreneurship
    • Consulting
    • Finance
    • Marketing
    • High Tech
    • Information Technology
    • Investment Banking

• Networking clubs available to full-time MBA students:

  • • Black MBA Association
    • Hispanic Student Organization
    • International Club
    • Partners/Family
    • Women in MBA
    • Other
    • Gay/Lesbian/Bisexual
    • Wine

TEACHING/ACADEMICS

• Teaching methods used:

  • Case Study: 35 %
  • Distance Learning: 0 %
  • Experiential Learning: 15 %
  • Lectures: 25 %
  • Simulations: 5 %
  • Team Projects: 20 %
  • Other: 0 %

• Requirements for graduation:

  • • Students must have attended a minimum number of classes
    • Students must have earned a pre-determined GPA/Letter grade average
    • Other
  • Students must fulfill requirements for at least one major of their choosing.

TECHNOLOGY

• • Technology improvements in the last three academic years: Additional research and instructional databases; server upgrades; multiple classroom technology upgrades; security upgrades; Bloomberg Terminals; digital signage; wireless network upgrades; expanded back-up capacity; faculty/staff computer upgrades.
  • Amount spent: $2,047,545.00

B-SCHOOL ALUMNI

• • Living MBA alumni: 20,928
  • Active MBA alumni clubs: 17
  • Countries in which MBA clubs exist: 8
  • Living MBA alumni who gave in past year: 9 %
  • Mean gift from MBA alumni: $355.00
  • Median gift from MBA alumni: $50.00
  • Did school receive an individual gift in excess of $10 million in the past academic year? No
  • Business School endowment: $131,838,376.00
  • Does the main university offer career placement services for alumni? Yes
  • Does the main university have an alumni networking Web site? Yes
  • University alumni networking site: http://alumni.indiana.edu/together/directory
  • Does the B-School have an alumni networking Web site? Yes
  • Business school alumni networking site: https://kelleynetwork.affinitycircles.com/kelley
  • Does the B-SCHOOL offer career services for alumni? Yes
  • Do current MBA students have access to an alumni database? Yes

CAREER SERVICES

• • Graduates seeking full-time professional MBA employment: 93 %
  • Graduates not seeking employment: 6 %
  • Graduates for whom you have no information regarding employment: 1 %

• Annual job-searching trips that the school coordinates or participates in:

  • Destination: New York
  • Month: October
  • Amount Paid By School: Partial
  • Destination: Chicago
  • Month: October
  • Amount Paid By School: Partial
  • Destination: Boston
  • Month: October
  • Amount Paid By School: Partial
  • Destination: San Francisco
  • Month: January
  • Amount Paid By School: Partial
  • Destination: Minneapolis
  • Month: October
  • Amount Paid By School: Partial

• Primary source of job offer:

  • School-facilitated activities: 53 %
  • Graduate-facilitated activities: 23 %
  • No information provided by graduate: 24 %

• Job Offers for 2011 graduates

  • Received first job offer by graduation: 82 %
  • Received first job offer in three months following graduation: 12 %
  • Received first job offer more than 3 months after graduation: 0 %
  • Did not report having received a job offer: 6 %
  • Accepted first job offer by graduation: 69 %
  • Accepted first job offer in three months following graduation: 21 %
  • Accepted first job offer more than 3 months after graduation: 0 %
  • Did not report having accepted a job offer: 10 %

• Top recruiting organizations most recent academic year:

  • Cummins, Inc. 9
  • Deloitte Consulting 6
  • Ernst & Young 5
  • Procter & Gamble 5
  • General Electric 5
  • Johnson & Johnson 5
  • 3M 5
  • Colgate-Palmolive 4
  • ConAgra 3
  • Kalypso 3
  • American Express 3
  • AT&T 3
  • Capital One 3
  • Ecolas 3
  • Infosys Consulting 3
• • Job-accepting graduates who received a signing bonus: 63 %

• Base salary, signing bonuses and other compensation for most recent employed graduates:

  • Mean base salary: $95,283.00
  • Median base salary: $95,000.00
  • Mean signing bonus: $18,037.00
  • Median signing bonus: $15,000.00
  • Mean other guaranteed compensation: $12,320.00
  • Median other guaranteed compensation: $10,000.00

• Graduating students who accepted jobs in the following functional areas:

  • Consulting: 17 %
  • Finance/Accounting: 25 %
  • General Management: 10 %
  • Human Resources: 2 %
  • Marketing/Sales: 36 %
  • Management Information Systems: 1 %
  • Operations/Logistics: 6 %
  • Other: 3 %

• Graduating students who accepted jobs in the following industries:

  • Government: 1 %
  • Consulting: 18 %
  • Consumer Products: 17 %
  • Financial Services: 13 %
  • Manufacturing: 17 %
  • Media/Entertainment: 0 %
  • Non-Profit: 3 %
  • Petroleum/Energy: 2 %
  • Pharmaceutical/Biotechnology/Health Care: 9 %
  • Real Estate: 1 %
  • Technology: 12 %
  • Other: 7 %

• Graduates who accepted full-time jobs in the following regions:

  • Africa: 0 %
  • Asia: 5 %
  • Europe: 0 %
  • North America: 95 %
  • Oceania: 0 %
  • Latin America and the Caribbean: 0 %

• Within the U.S., graduates who accepted full-time jobs in the following regions:

  • Northeast: 12 %
  • Mid-Atlantic: 7 %
  • South: 9 %
  • Southwest: 5 %
  • Midwest: 54 %
  • West: 13 %
  • Possessions and territories: 0 %

• Top recruiting organizations for internships, most recent academic year:

  • Cummins Inc. 18
  • Procter & Gamble 7
  • General Electric 6
  • Eli Lilly 5
  • Sears 5
  • Johnson & Johnson 4
  • ConAgra 4
  • Abbott Laboratories 4
  • Ernst & Young 3
  • 3M 3
  • Colgate-Palmolive 3
  • Cook Medical 3
  • Dick's Sporting Goods 3
  • Dow Chemical 3
  • Target 3
• • Internships awarded that are paid: 98 %

• Weekly internship compensation:

  • Mean: $6,091.00
  • Median: $6,320.00
• • Average internship length in weeks: 12

• • -I feel that Kelley was a great value for the money and I would definitely recommend it to friends and colleagues (and have already done so). The quality of the instruction and preparation was excellent--I went to a really good college prep high school and private engineering college, and the MBA program at this public state university was just as good as my experiences in those previous that were more "prestigious."
    
    -In spite of the fact that the quality of education at Kelley School of Business is superior, there is a lot of room for improvement in support structure such as Graduate Career Services and Academy connections. These support groups need improvement in their activities.
    
    -My time at Kelley was wonderful and Bloomington is a great city. As a father of two, Bloomington was a great town for my children to spend two years of their lives. The education (professors) were top notch and Graduate Career Services did a good job of bringing employers to campus in a horrible economy. If I had a friend interested in finance, I would recommend Kelley for corporate finance, but not for investment management. Being in the heartland, on-campus opportunities for students seeking a career in investments is very limited.
    
    -I think the culture of Kelley will work for just about everyone, although I believe it is a much more inviting, friendly atmosphere than other B-schools which makes it easier to learn, take risks, and get outside your comfort zone.
    
    -While the school was top notch in terms of academic rigor and variety, graduate career services left a lot to be desired. They could have been more in tune with changing job market realities. I felt that their reaction was forced rather than proactive. Also despite the huge international population, not a lot of effort has been expended in figuring out suitable career options for them and more often than not they are left to fend for themselves. Consulting was a huge, huge disappointment. The school needs to wake up and realize that there are other functions apart from marketing which need nourishment and attention.
    
    -Kelley is an exceptional school that is hurt by its distance from a major metropolitan area. The training and preparation I received here helped me achieve more than most of my counterparts from prestigious schools.
    
    -The program really cares about their students. Professors almost always would go the extra mile in explaining a topic or getting back to you in a timely matter with questions. Also, GCS did all that they could to ensure students were staying engaged with the intern or job search process.
    
    -Kelley offers a unique blend of intense academic rigor with an intimate team focused environment. The coursework is demanding, and Kelley does an excellent job at preparing students for interviewing, networking, and career guidance. Professors are widely accessible - from office hours to dinner parties to tailgating events. Although I was concerned that the Bloomington location would be a geographic limitation, my concerns were overdone. Full-time offers are national in scope; my colleagues have accepted offers in NYC, Boston, Minneapolis, SF, Chicago, and Dallas, etc.
    
    -The smaller class size (only 230 per class) makes it large enough to have a very diverse experience but small enough to take the time an know everyone in the program. Also, the professors are the among the best in the nation and many are the leading researchers in their field. It seems that they truly enjoy teaching.
    
    -Graduate Career Services at Kelley is very weak. It has failed to provide international students with any internship or full-time opportunities. The entire approach to placement has not been very serious at graduate career services at Kelley School of Business. Moreover, the alumni network at Kelley is very limited to a handful of CPG companies where most international students are not even allowed to interview.
    
    -The students here have a warm, positive attitude. Lectures are very interactive, and students often share their pre-work experiences to help highlight various management issues, relevant to the cases we discuss in class.
    
    -I would recommend Kelley to those whose career ambitions are in line with what the school can practically offer. Investment banking and consulting are major weak points for the school and students have a hard time breaking into tier one firms in these fields. Also, another major incentive to come to Kelley is if you have substantial financial aid coming your way.
    
    -In marketing, there are many companies who come to Kelley, but there are many who don't. Most are Midwest-based, which is okay. Often, though, we talk to companies who recruit Chicago, Northwestern, Michigan, and then Kelley, and too often Kelley is the third priority. Kelley does very well at lots of impressive companies - P&G, in particular, as well as Target, Kraft, and the beginnings of a strong relationship with Walmart - but I feel like those companies view Kelley students as fallbacks or 'the next tier.'