UNDERGRADUATE Profiles Publish Date 2/26/09

Indiana University

Kelley School of Business

Getting In

PROGRAM BASICS

Kelley School of Business

1309 E. Tenth Street
Indiana University
Bloomington , Indiana 47405

Public Institution

Web site

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

Program e-mail address:

bschool@indiana.edu

Program telephone number:

(812) 855-0611

AACSB accredited:

Yes

Year in which the undergraduate business program was founded:

1920

Length of entire institution:

Four Year

Business program length:

Four Year

Degrees offered:

Degree/Program Name:
BS in Business

PROGRAM COSTS

Annual Tuition (Resident):

$ 7,368

Annual Tuition (Non-Resident)

$ 23,905

Cost per academic credit (resident)

$ 230

Cost per academic credit (non-resident)

$ 747

Required fees

$ 1,943

Books:

$ 790

Room and board:

$ 7,636

ENROLLMENT

Full-time undergraduate business student enrollment:

4,576

Part-time undergraduate business student enrollment:

Distance undergraduate business student enrollment:

Total College enrollment for 2008-09:

31,087

ADMISSIONS

Minimum SAT score for entire college on 1600 scale:

N/A

Minimum ACT score for entire college:

N/A

Minimum high school GPA for entire college:

N/A

Interviews for entire college:

Not required

Additional application requirements for entire college:

TOEFL scores and proof of funding may be required for international applicants.

Upcoming application deadlines for entire college:

Semester: Fall 2009
Deadline: April 1, 2009
Semester: Summer 2009
Deadline: April 1, 2009
Semester: Spring 2010
Deadline: November 1, 2009

Freshmen admitted into business program:

Yes

Percentage of business students admitted as freshmen:

56 %

Are the freshman admits to the business program required to complete pre-business courses before beginning upper-lever courses in the junior year?

Freshmen admitted by:

Indicate interest on university application

Internal transfers handled by:

Separate application

Minimum requirements for business program:

Minimum SAT score: 1270
Minimum ACT score: 29
Minimum high school GPA : 3.6

Entrance exam requirement other than SAT/ACT for business program:

Interview to enter business program:

Not offered

Additional application requirements for freshman admits:

Students must indicate an intended major in business on the university application and meet the direct admission criteria of 1270 SAT (math plus critical reading only) or a 29 ACT composite, plus a 3.6 high school GPA or top 10% class rank.

Minimum college GPA for internal business program transfers:

N/A

Additional requirements for internal transfers:

Completion of 26 credit hours including English composition and three of the following courses: Finite Mathematics, Brief Survey of Calculus, the Computer in Business, and Introduction to Business Administration. No grade in any course taken should be below a B.

Total number of full-time applications for entire college:

31,160

International applicants, entire college, 2008-09:

6 %

Female applicants, entire college, 2008-09:

54 %

Selectivity--applicants admitted to undergraduate business program, 2008-09:

70 %

Yield -- applicants enrolled in undergraduate business program, 2008-09:

34 %

Relative Importance of Application Elements:

Secondary School Record:

Very Important

Class Rank:

Important

Talent/Ability:

Important

Interview:

Not Considered

Extracurricular Activities:

Not Considered

Volunteer Work:

Not Considered

Character/Personal Abilities:

Not Considered

Application Essay:

Not Considered

Work Experience:

Not Considered

SAT/ACT Scores:

Very Important

Recommendations:

Not Considered

High School GPA:

Important

Admissions program managed by:

The business program office

Total undergraduate business program applicants, 2008-09:

9,939

Applicants enrolled in undergrad business program 2008-2009:

54 %

Applicants admitted to undergraduate business program, 2008-09:

32 %

CLASS PROFILE

Class Profile:

Female: 32 %
International : 13 %

Entering students by age:

Mean: 19
Median: 19

Citizenship of Entering Students

U.S.: 87 %
Canada: .5 %
Other countries: 12 %

Percentage of US citizens in entering class who are:

African American: 1 %
Asian American: 11 %
Hispanic or Latino American: 2 %
Multiethnic/Multiracial : 0 %
Native American: 0 %
White (Non-Hispanic): 86 %
Chose not to report: 0 %
Other: 0 %

Entering students from the following region:

Northeast: 9 %
Mid-Atlantic: 2 %
South: 3 %
Southwest: 1 %
Midwest : 83 %
West: 2 %
Possessions and territories: 0 %

SAT Scores for full-time entering business students on 1600 scale:

Mean: 1266
Median: 1300

SAT middle 50% range on 1600 scale:

From: 1,220
To: 1,340

ACT Scores for full-time entering business students:

Mean: 29
Median: 29

ACT middle 50% range:

From: 28
To: 30

Percent of Students Who Were In:

Top 10% of high school class

45 %

Top 25% of high school class:

82 %

HS GPA of 3.75 or higher

60 %

HS GPA of 3.5 to 3.74:

23 %

FINANCIAL AID

Financial aid handled by:

Central financial aid office at the university

Institutional scholarship money distributed to undergraduate business students in previous academic year:

$ 15,260,533

Institutional scholarship money to be distributed to undergraduate business students in current academic year:

$ 18,437,564

Scholarships awarded to students in the business program based on:

A combination of need and merit

Scholarship consideration process:

All candidates are considered for scholarships

Other scholarship considerations:

Scholarship selection at Indiana University Bloomington may be based upon merit, financial need or a combination of criteria. Qualified freshmen are considered for merit-based funding at the time of admission. Directly admitted business majors are automatically considered for most freshmen awards. Top candidates are invited to apply for selective scholarships. Returning students apply for scholarship consideration through the Kelley School by completing an annual application. All students desiring consideration for need-based awards are encouraged to file the FAFSA.

Students receiving institutional scholarships for 2008-09 academic year:

85 %

Undergraduate business students with full-tuition scholarships 2008-09:

1 %

Percentage of institutional scholarship money distributed to business students based on merit, 2008-09 year:

3 %

Percentage of institutional scholarship money distributed to business students based on need, 2008-09:

97 %

School offers guaranteed loans:

Financial aid web site

http://www.scholarships.indiana.edu

Academics & Lifestyle

PROGRAM BASICS

Business students who graduate within four years:

97 %

Business students who graduate within 6 years:

99 %

Freshman retention rate:

97 %

PROGRAM REQUIREMENTS

Credit hours required for graduation:

Degree: BS
Hours: 124

Other degree requirements:

Completion of specific courses for business degree. Completion of 62 credits outside business. Completion of major requirements. Completion of general education requirements. Completion of international dimension requirement. Take all 300-400 level courses on the Bloomington campus. Maintain good academic standing.

ACADEMICS

Average class size in required business courses:

Average class size in business electives:

Average class size in non-business electives required for admission to business program:

Class size:

Classes with fewer than 20 students: 38 %
Classes with 21 to 50 students: 43 %
Classes with more than 50 students: 19 %

Required business courses that reached maximum enrollment by the first day of class, previous academic year:

59 %

Required business courses that had waiting lists, 2007-08:

21 %

CURRICULUM

Number of elective courses available in business program:

Electives added current year:

Topics in Management - Women in Business
Topics in Business Economics and Public Policy - Sustainable Enterprise
Topics in Business Economics and Public Policy - Life Sciences Global Trends and Events
Topics in Operations and Decision Technology - India
Emerging Economies

Year of the last major change to the business program's core curriculum:

2006

Leading areas of study:

Accounting

Entrepreneurship

Finance

General Management

Marketing

Special programs for business students:

Students may apply for the Business Honors Program and/or specialized workshops related to careers such as consulting or investment management.

Business program offers work study or co-op opportunities:

N/A

Business program offers study abroad opportunities:

Yes

Study abroad program description:

The Kelley School of Business offers more than 15 overseas study programs on which students may take business courses abroad. The Emerging Economies program offers week-long study tours to five additional countries. Also, students can choose from many additional study abroad programs offered by Indiana University for general education courses.

Volunteer work and community service opportunities:

Yes

Volunteer opportunities description:

Civic Leadership Development is a community service organization for business students. Volunteer opportunities are available on a one-time or ongoing basis.

Business clubs and extracurricular activities:

Kelley Student Government
Civic Leadership Development
Women in Business
Delta Sigma Pi
Microfinance Initiative
Undergraduate Finance Club
Undergraduate Marketing Club
Student Accounting Society

FACULTY

Faculty:

Full-time faculty : 206
Adjuncts and visiting faculty: 31
Permanent/tenured professors: 78
Percentage of permanent/tenured professors who are women: 18
Percentage of permanent/tenured professors who are underrepresented minorities: 4
Percentage of permanent/tenured professors who are also members of company boards of directors or of advisors: 51
Percentage of permanent/tenured professors who are business owners: 10

Prominent faculty:

Philip Podsakoff
Jane Mallor
Robert Jennings

STUDENT LIFE

Largest on-campus organizations for business students:

Civic Leadership Development
Kelley Student Government
Undergraduate Finance Club
Women in Business
Delta Sigma Pi

Freshmen are required to live on campus:

Yes

Business students are grouped in learning communities:

Yes

TECHNOLOGY

Wireless network available:

Yes

Technological improvements made in the last three years:

IU Ranked #3 by PCMAG in their Top 20 Wired Colleges (December 20, 2006). (http://www.pcmag.com/article2/0,2817,2073465,00.asp). IU already has several software site license agreements. This year, the university added Adobe to this very esteemed list. Both the business school and the university have adopted a content management system to better provide web services to current and prospective constituents. Kelley added high definition video conferencing equipment in three of its classrooms. Renovated technology in a 250 seat auditorium. Added digital signage throughout the undergraduate school to convey academic information as well as list upcoming business club meetings.

Trading laboratory available:

Yes

Alumni Affairs & Careers

ALUMNI

Total number of undergraduate business program graduates since inception:

61,831

Total living alumni:

55,787

Percent of alumni who gave, 2007-08 academic year:

9 %

Mean alumni gift 2007-08:

$ 1,457

Median alumni gift, 2007-08:

$ 55

Single donation in excess of $10 million in 2007-08?

Prominent alumni:

Name: John W. Eck
Title: President, NBC TV Network and Media Works, NBC, New York
Name: Marla C. Gottschalk
Title: Chief Executive Officer, The Pampered Chef, Ltd.
Name: Evan Bayh
Title: U.S. Senator from Indiana

CAREER SERVICES

Percent of 2008 graduates who provided employment information:

83 %

Seeking full-time employment in business: 83 %
Not Seeking full-time employment in business: 17 %

Number of companies recruiting undergraduate students on campus in previous academic year:

384

Companies that posted full-time job offers/positions on school job boards, previous academic year:

587

Other activities and services provided for business majors:

Workshops, career coaching, career fairs, internship roundtables, corporate presentations, mock interviews, career education, and other networking events.

Job offer results, 2008 graduates:

Received first job offer by graduation: 86 %
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: 8 %
Accepted first job offer by graduation: 86 %
Accepted first job offer in three months following graduation: 6 %
Accepted first job offer more than 3 months after graduation: 0 %
Did not report having accepted a job offer: 8 %

Top hiring firms:

Deloitte Touche Tomatsu
KPMG LLP
Ernst & Young
JPMorgan Chase & Co.
PricewaterhouseCoopers
Bank of America Corp.
Target Corp.
Goldman Sachs Group
Lehman Bros.
Sears Holdings

Protiviti
Crowe Horwath
Gibson Consulting
Grant Thornton
Kohl's Department Stores

Graduate compensation:

Mean base salary: $ 51
Median base salary: $ 52
Mean signing bonus: $ 4
Median signing bonus: $ 3
Mean other guaranteed compensation: $ 0
Median other guaranteed compensation: $ 0

Grads accepted jobs in following functional areas:

Consulting: 12 %
Finance/Accounting: 53 %
General Management: 2 %
Human Resources: 1 %
Management Information Systems: 2 %
Marketing/Sales: 23 %
Operations/Production: 1 %
Logistics/Transportation: 3 %
Other: 3 %

Grads accepted jobs in following industries:

Accounting: 18 %
Consumer Products/Retail: 14 %
Consulting Services: 10 %
Financial Services: 31 %
Government/Education: 0 %
Pharma/Biotech/Health: 4 %
Manufacturing: 7 %
Media/Entertainment: 0 %
Petroleum/Energy: 2 %
Real Estate: 3 %
Sports/Leisure: 0 %
Technology/Science: 4 %
Non-Profit: 0 %
Transportation: 4 %
Utilities: 0 %
Other: 3 %

Percentage of job acceptances, US and Canada:

US: 100 %
Canada: 0 %

Grads accepted jobs in the following US regions:

Northeast: 10 %
Mid-Atlantic: 2 %
Midwest: 79 %
South: 4 %
Southwest: 2 %
West: 3 %
US Possessions/Territories: 0 %

Number of companies recruiting interns on-campus, 2007-08 academic year:

168

Internship postings on job boards, previous academic year:

260

Top internship recruiters, 2007-08:

Target Corp.
Deloitte Touche Tomatsu
KPMG LLP
Ernst & Young
PricewaterhouseCoopers
Merrill Lynch
Sears Holdings
Motorola
Procter & Gamble
Eli Lilly

Northwestern Mutual Financial Network
Crowe Horwath
Kohl's Department Stores
Zimmer Holdings
Cummins

Percentage of internships that were paid, previous academic year

97 %

Mean internship compensation per week:

$ 720

Median internship compensation per week:

$ 680

Average internship, in weeks:

Graduate Comments

We have a great balance of conceptual training and practical application. Work ethic is very important. Faculty prepares students for hard work in real corporate life. An important fact is that faculty promotes innovative thinking and emphasizes ethics on the job.

Indiana University's Kelley School of Business has classes similar to most major business schools. But what makes it stand out is the intensive preparation for the real world and attainment of jobs. The Undergraduate Career Services Office's rigorous preparation for resumes and interviews through both class work and career coaching ensures that students leaving Kelley are more prepared than most schools when it comes to this area.

An integrated core emphasizing four core business fundamentals (finance, marketing, strategy, and operations) gives students an all-around understanding of business as a whole.

I think the best part about Kelley is its career placement. Even with the market like it is, I was able to get many job offers even in banking.

The teaching quality and the professors, particularly in the accounting department, are second to none. They are fun to be around and take a true interest in their students. They are also very successful in publishing research. It is unique to have professors who publish great work and also take a strong interest in their students.

[The school] goes to great lengths to ensure that the students who ultimately earn a Kelley School of Business Degree are sufficiently committed and prepared to represent the school well in their future endeavors. Students who are not adequately prepared or engaged usually do not remain in Kelley as upperclassmen.

The program's unyielding focus on career preparation and development is phenomenal. None of my peers at other business schools have the kind of access to career advice, counseling, and ultimately on-campus interviews than I have been provided with at the Kelley School. The institution's programs are further supported by an amazing alumni network of professionals who will do anything to help undergraduates find the best possible career.

We have the best investment banking program in the country. Students who graduate from Kelley have sound technical skills and great personalities. We have pride, but we do not have egos or a sense of entitlement such that our ivy-league contemporaries do. We earn great jobs, because we work hard and are humble.

There is a strong focus on group work. However, I've noticed it's difficult to evaluate individuals in group projects. People can get really good grades and not really gain anything in the process.

The concentration on group work and diversification of class requirements [is unique]. In my internship this summer, I was one of few interns who were able to use Microsoft Excel and Microsoft Visio well. We are the only program I am aware of that requires two Excel-based classes. Additionally, the networking available and personal development is unmatched.

The diversity in our program creates situations where you can be in teams with people from a variety of backgrounds while having a campus with a feeling of home.

The Kelley School really cares about the individual and is committed to our success in finding a career after graduation.

The Kelley School of Business fosters an environment of unparalleled opportunities to develop leadership skills through extensive team-based projects, quality case study competitions, and meaningful volunteer experience with extracurricular activities.

The Kelley School offers the incredible opportunity to experience the integrative core semester, which forces every student to learn about four phases of business (operations, marketing, finance, and strategy) all at once with a combined curriculum. Twice during the semester are case competitions and the culminating project (a product launch case) tests the bulk of your business skills learned to that point.

Without a doubt, the Integrated Core provides insights to the full spectrum of business from operations and finance to marketing and strategy. Students gain a great understanding of the "big picture" in business and understand how all major sections must interact and compliment each other to maximize profitability.

There are many opportunities to study abroad without falling behind in your studies. Also, the Integrated Core classes and case are one of a kind. The variety of classes allows you to get a good idea of each area of study. The case is challenging and puts the pressure on students as if it were a real job task. It teaches you the importance of working in functional teams and how to overcome obstacles quickly to complete a task.

I am part of the Investment Banking Workshop, which places over 50 students each year in full-time, investment banking positions throughout the U.S. This is a program unique to the Kelley School, though I am aware that other schools are now trying to simulate it.

The Kelley School is unique because it combines a world-class education with a personal touch. The faculty and staff at Kelley are so willing and interested in helping students that it is easy to forget how accomplished they are. Kelley professors have mastered high-quality research and excellent teaching. Additionally, the students at Kelley are unique because it is a nurturing environment. While many business schools are cut-throat competitions, Kelley students help each other develop. Kelley has a "feel" to it that I did not experience at any other school I visited. I knew I would be happy, challenged, and graduate a better person than I started.

We must have the worst facilities of any top business school. The quality of teachers, however, must be some of the top in the country.

I think our professors are very good at integrating things in the news and things from other classes into their discussions so that we can better understand how things link together in business. Our professors are also very open to office hours so that we can get explanations on material we struggle with at times.

I traveled from Beverly Hills--without knowing one person--to study at Kelley, and the program has exceeded my expectations. The one disadvantage of earning a Kelley degree is the lack of national standing of Indiana University. However, I think the reputation of the Kelley School will only increase in years to come--making my degree even more valuable.

With the economy in shambles, the hunt for a job has degraded my feelings for the career services center at IU. It is otherwise a great service, but due to the lack of hiring by many firms, the UCSO has not done a good job adjusting to the change in demand for new hires.

The few faculty teachers that I have had at IU have been pretty decent teachers. They use adjunct professors to teach many of the classes and the quality of teaching from these professors is very poor. More classes need to be taught by faculty and more emphasis placed on finding people with the knowledge and ability to teach well.

I've had a wonderful experience. However, with the current state of the economy, job guidance is not as strong as it has been in past years.