FULL-TIME MBA Profiles Publish Date 11/13/08

Indiana University

Kelley School of Business

Getting In

PROGRAM BASICS

Full-time residential

Kelley School of Business

1275 East Tenth Street
Suite 2010
Bloomington , Indiana 47405

Program Web site:

http://www.kelley.iu.edu/mba/

Status:

Public Institution

Program e-mail address:

mbaoffice@indiana.edu

Graduate business school is accredited by:

AACSB International

Years in which the following programs were founded:

Full-time MBA: 1947
Part-time MBA : 1960
Distance-learning MBA: 1999
Undergraduate business program: 1920
Executive Education (non-degree): 1952
PhD program: 1982
Doctorate of Business Administration (DBA) program: 1947

PROGRAM COSTS

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

Resident : $ 40,882
Nonresident : $ 76,440
Recommended annual budget (Resident): $ 31,745
Recommended annual budget (Nonresident): $ 49,524

PROGRAM LENGTH

Full-time program (months):

ENROLLMENT

Graduate business school enrollment

Total graduate business school: 2658
Full-time MBA: 473
Part-time MBA: 352
Distance MBA: 1240
Executive MBA: n/a

PhD program: 63
Doctorate of Business Administration: 0
MS: 114
MSA: 49
Other: 367

Undergraduate business school enrollment

4,685

Graduate degree programs:

Master of Accounting

Master of Electronic Commerce/Information Systems

Master of Finance

Other graduate degree programs:

Master of Business in Accounting; Master of Global Supply Chain Management; Master of Strategic Management;

ADMISSIONS

Application Deadlines

November 15 January 15 March 1 April 15

Does the program have rolling admissions?

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?

TOEFL Computer Based

TOEFL Internet Based Test

TOEFL Paper-based Test

Other: N/A

Minimum paper-based TOEFL score required for MBAs:

600

Relative importance: 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:

1381

Applicants who were accepted to the most recent class:

34 %

Admitted applicants who enrolled in the newest class:

48 %

Applicants wait-listed during the last admissions cycle:

114

Wait-listed applicants admitted for the semester to which they applied:

Applicant interviews are:

Recommended

Applicants (admitted and denied) who were interviewed:

64 %

Admitted applicants who were interviewed:

99 %

APPLICANT POOL

Mean base salary forgone:

$ 50,402

Median base salary forgone:

$ 48,800

CLASS PROFILE

Full-time students in newest entering class (2008-2009) that are:

Female: 26 %
International: 37 %
Married: 25 %

Ethnicity/US Students in Program

African American: 10 %
Asian American: 12 %
Hispanic or Latino American: 3 %
Multiethnic/Multiracial : 1 %
Native American: 1 %
White (Non-Hispanic): 67 %
Chose not to report: 6 %
Other: 1 %

Students from following regions:

Africa : 2 %
Asia: 38 %
Eastern Europe and Central Asia: 1 %
Latin America and the Caribbean: 1 %
Middle East: 0 %
North America: 58 %
Oceania : 0 %
Western Europe: 1 %

Entering North American citizens by region:

Northeast: 13 %
Mid-Atlantic: 6 %
South: 8 %
Southwest: 5 %
Midwest : 51 %
West: 18 %
Possessions and territories: 0 %

Mean months of work experience of newest entering class:

Median months of work experience of newest entering class:

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

From: 28
To: 96

Median age of entering class:

Mean age of entering class:

FINANCIAL AID

Full-time MBAs apply for financial aid through:

Dedicated financial aid office at the B-school

Full-time MBAs applied for financial aid for the current academic year:

95 %

Full-time MBAs receiving financial aid through school:

95 %

Mean MBA financial aid package for the current academic year:

$ 42,400

On what basis are scholarships awarded?

academic merit

Full-tuition scholarships school will award during the upcoming academic year:

How does an applicant apply for scholarship consideration?

As part of the admissions application

Mean scholarships awarded to full-time MBAs in the previous academic year:

$ 20,205

Percentage of second-year students receiving the same or more amount of money in their second year of study:

98 %

Does the school offer a guaranteed loan to all MBAs regardeless of nationality?

Yes

If so, what is the maximum amount a student can borrow per year?

$ 40,000

Mean outstanding debt among the most recent graduates from the full-time MBA program:

$ 49,500

GMAT

Applicants required to take the GMAT?

Yes

Mean : 663
Median: 670

Middle 80% range GMAT scores:

From: 580
To: 730

Academics & Lifestyle

CLASS OFFERINGS

Average students in a full-time MBA core class:

Average students in a full-time MBA elective class:

Elective courses available to full-time MBA students:

Year of last major change or significant overhaul to the core curriculum:

2004

Concentrations and specializations offered to full-time MBA students:

Accounting

Consulting

Corporate Social Responsibility

Entrepreneurship

Finance

General Management

International Business

Marketing

Operations Management

Portfolio Management

Supply Chain Management

Joint-degree programs offered to full-time MBAs:

MBA/JD (Law)

MBA/MA (Arts)

Other

Does the school offer an accelerated full-time MBA program?

FACULTY

Faculty employed by the B-school:

226

Full-time faculty

Tenured: 78
Non-Tenured: 119

Adjunct/Visiting Faculty

Tenured: 0
Non-Tenured: 29

Women on Faculty

Tenured: 14
Non-Tenured: 53

Minority Faculty

Tenured: 7
Non-Tenured: 23

International Faculty

Tenured: 10
Non-Tenured: 24

Faculty with PhDs

Tenured: 78
Non-Tenured: 73

STUDENT LIFE

Professional clubs available to full-time MBA students:

Consulting

Corporate Social Responsibility/NetImpact

Entrepreneurship

Finance

Investment Banking

Marketing

Other

Networking clubs available to full-time MBA students:

Black MBA Association

Gay/Lesbian/Bisexual

Hispanic Student Organization

International Club

Partners/Family

Volunteer

Women in MBA

TEACHING/ACADEMICS

Teaching methods used

Case study: 35 %
Distance Learning: 0 %
Experiential Learning: 15 %
Lecture: 25 %
Simulations: 5 %
Team Project: 20 %

Requirements for graduation:

Students must have attended a minimum number of classes

Students must have earned a pre-determined GPA/Letter grade average

Other

Additional graduation requirements:

students must have a major

TECHNOLOGY

Is there a wireless network in main B-school buildings?

Yes

Technology improvements in the last three academic years:

N/A

Amount spent:

$ 1.3 M

Alumni Affairs & Careers

ALUMNI

Living MBA alumni:

14,023

Active MBA alumni clubs

Countries in which MBA clubs exist

Living MBA alumni who gave in past year:

13 %

Mean gift from MBA alumni:

$ 361

Median gift from MBA alumni

$ 50

Did school receive an individual gift in excess of $10 million in past academic year?

Business School Endowment

$ 102,154,458

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/career/index.shtml

Does the B-School have an alumni networking site:

Yes

Business school alumni networking site:

https://kelleynetwork.affinitycircles.com/kelley

Do current MBA students have access to an alumni database?

Yes

CAREER SERVICES

Graduates seeking full-time professional MBA employment: 87 %
Graduates not seeking employment: 13 %

Of grads not seeking employment: Percentage of graduates not seeking employment who were company-sponsored, or already employed: 65 %
Percentage who were continuing their education (after graduation): 19 %
Percentage who were postponing their job search: 0 %
Percentage who were starting their own business(es) : 8 %
Percentage who were not seeking employment for other reasons: 8 %

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

Destination: New York
Month: January
Amount Paid By School: none
Destination: Chicago
Month: January
Amount Paid By School: none
Destination: Minneapolis
Month: December
Amount Paid By School: none
Destination: San Francisco/Bay Area
Month: December
Amount Paid By School: none
Destination: Los Angeles
Month: December
Amount Paid By School: none

Primary Source of Job Offer

School-facilitated activities: 73 %
Graduate-facilitated activities: 27 %
No information provided by graduate: 0 %

Job Offers for 2008 graduates:

Received first job offer by graduation: 88 %
Received first job offer in three months following graduation: 6 %
Received first job offer more than 3 months after graduation: 0 %
Did not report having received a job offer: 6 %

Top recruiting firms and the number of full-time MBAs hired in the past 12 months:

	Procter & Gamble		6
	Kraft		5
	Sears Holdings		5
	General Mills		5
	Ernst & Young		5
	Bank of America Corp.		4
	Target Corp.		3
	Best Buy		3
	Johnson & Johnson		2
	General Electric		2
	Microsoft		2

	Cummins		5
	Abbott		4
	Grant Thornton		3
	Humana		3

Job-accepting graduates who received a signing bonus:

81 %

Mean and median base salary, signing bonuses and other compensation for most recent employed graduates:

Mean base salary for most recent graduates: $ 92,000
Median base salary for most recent graduates: $ 92,000
Mean signing bonus for most recent graduates: $ 19,247
Median signing bonus for most recent graduates: $ 20,000
Mean other guaranteed compensation for most recent graduates: $ 13,000
Median other guaranteed compensation for most recent graduates: $ 10,000

Graduating students who accepted jobs in the following functional areas:

Consulting: 15 %
Finance/Accounting: 32 %
General Management: 5 %
Human Resources: 0 %
Marketing/Sales (Public Relations, Product Management, Market Research, Advertising, etc.): 36 %
Management Information Systems (MIS): 0 %
Operations/Logistics (Logistics, Purchasing, Engineering, etc.): 3 %
Other: 9 %

Graduating students who accepted jobs in the following industries:

Government (Federal, State, Local, Military): 0 %
Consulting: 11 %
Consumer Products: 22 %
Financial Services: 17 %
Manufacturing: 15 %
Media/Entertainment: 1 %
Non-Profit: 0 %
Petroleum/Energy: 2 %
Pharmaceutical/Biotechnology/Health care Products: 10 %
Real Estate: 1 %
Technology: 5 %
Other: 1 %

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

Africa: 0 %
Asia: 10 %
Eastern and Central Europe and Central Asia: 0 %
Latin America and the Caribbean: 0 %
Middle East: 0 %
North America: 90 %
Oceana: 0 %
Western Europe: 0 %

Within North America, graduates who accepted full-time jobs in the following regions:

Northeast: 11 %
Mid-Atlantic: 3 %
South: 11 %
Southwest: 6 %
Midwest: 61 %
West: 8 %
Possessions and territories: 0 %
Canada: 0 %

Top Companies - Internships:

	Target Corp.		6
	Kraft		5
	Whirlpool		5
	Eli Lilly		5
	Sears Holdings		4
	Procter & Gamble		3
	Bank of America Corp.		3
	General Electric		3
	Best Buy		3

	Cummins		8
	Deloitte Consulting		4
	Miller Brewing		4
	Abbott		3
	Eaton		3
	Intel		3

Internships awarded that are paid:

100 %

Mean and median intern compensation per week:

Mean : 1,530
Median: 1,550

Average internship length in weeks:

SCHOOL COMMENTS

School Comments:

N/A

Graduate Comments

I had an amazing experience at Kelley. I was able to learn, grow, and exceed my expectations as a result of the challenging curriculum and approachable professors. -- Finance

Kelley has a family-type atmosphere. It's very supportive, but at the same time, very challenging. I was able to depend on my classmates, school staff and faculty to help me when needed, but they all pushed me to be the best I could be all the time. -- Marketing

The current programming is incredible, and there are initiatives to make it even better, so I know that future students are going to be even more impressed than myself. The faculty is very approachable and goes out of their way to help students, even if they aren't registered for their class. -- Consulting

The classes are small, and I knew all my professors by first name (and vice versa). I loved the intimate experience. -- Investment Banking

I spent a lot of time with my professors outside the classroom. They would meet students at sporting events, tailgates, bars, house parties, and a host of other social events. After attending Kelley, I have no doubt that we have some of the best professors in the country. -- Investment Banking

Kelley provided me with both the tools and the motivation to go beyond a traditional job search, inspiring me to found my own company. -- Entrepreneurship

Unlike some other top 20 MBA programs, each student at Kelley is required to take the same group of core courses during the first semester of the program. While this reduces the amount of elective courses that one can take, it does a nice job of balancing required and elective course offerings. -- Finance

While Kelley has been working hard to improve recruitment visits in specialized fields like investment banking, and increase recruitment from firms on the coasts, there may be other programs that can better prepare students to fulfill those specialized career goals. -- Finance

If you don't like the life in small town, Kelley is not your school. Sometimes my friends and I really got mad, or at least tired of this boring small town life. Geographic isolation is bad for recruiting also. -- Marketing

It is so important in this growing global economy to be able to work on teams and cross functionally, and Kelley is great at creating an environment to learn in both. -- Marketing

The Kelly staff takes a personal interest in helping you improve and become most effective. Anybody who is even a little unsure about what they want to get out of the MBA program should come to Kelley. The staff and faculty will help you realize your opportunities. -- Investment Banking

The cultural diversity and the atmosphere of togetherness was fantastic. And with the help of Graduate Career Services, I was able to get a number of fantastic job opportunities. -- Marketing

Kelley school has transformed me from a scientist to a businessperson. I am confident that I can handle any situation I encounter in my future career. -- Consulting

The administration is fully committed to each student's experience and success. These are the people, often behind the scenes, that make everything work run smoothly. Like the faculty, their excitement and love for what they do is clearly evident and contagious. -- Marketing

Finally, the student body has literally opened my world. Throughout my two years in the program, I have gained hundreds of new perspectives, which have already influenced the way I lead and think. -- Marketing

The Investment Banking program isn't renowned; however, it's quite good. As a top 10 finance school, we have the quality of education, but we don't have the recognition that comes with it. -- Investment Banking

The location can be seen as a good or bad thing. I enjoyed Bloomington because it was a change of pace and a great college town. All the MBAs went out together and the classes were small, so I knew the class ahead of me, my class, and the class below me. -- Investment Banking