Kelley School of Business
MBA Degree Programs Profile Page
The MBA program at Indiana University Bloomington/Indianapolis, Kelley School of Business offers a Indiana in‑state tuition of $29,573, compared with the national online program average of $37,176 and the average for programs in Indiana at $28,248.
Graduates report an average starting salary of $136,352, compared with the online program average of $79,354 and Indiana average of $81,619.
The program’s estimated ROI is 124%, versus 196% for online programs nationwide and 332% for programs in Indiana.
With a student‑faculty ratio of 17:1, compared with 17:1 for online programs and 14:1 in Indiana, the program serves a total enrollment of 14011 students.
GMAT requirement: N/R*. Average GMAT score: 685, compared with an online average of 561 and the Indiana average of 598.
$29,573
Average Tuition
$136,352
Average Starting Salary*
685
Average GMAT Scores
14,011
Average Student Enrollment
| Averages | Indiana University Bloomington/Indianapolis Averages | Online Averages | Indiana Averages |
|---|---|---|---|
| Tuition | $29,573 | $37,176 | $28,248 |
| Salary | $136,352 | $79,354 | $81,619 |
| ROI | 124% | 196% | 332% |
| S/F Ratio | 17:1 | 17:1 | 14:1 |
| Enrollment | 14011 | 2,654 | 2,397 |
| GMAT | GMAT Required: Yes
Average GMAT Score: 685 |
561 | 598 |
Indiana University Bloomington/Indianapolis
Kelley School of Business
Location:
- Bloomington
,
- IN
Control: Public
Academic Year: Semester
Accredited: AACSB
Accreditation: Business and Accounting
Facebook, Linkedin and TwitterDegree Level(s):
- Doctoral
- ·
- E-MBA
- ·
- Master
- ·
- MBA
- ·
- Undergraduate
Offered As:
- Campus
- ·
- Distance Education
- ·
- Full-Time
- ·
- Online
- Accounting
- Corporate Finance
- Data Analytics
- Finance
- General Business
- Global Management
- Healthcare Administration
- Information Systems
- International Business
- Law
- Management
- Other
- Taxation
Compare Indiana University Bloomington/Indianapolis's Tuition, Salary, ROI, Student / Faculty Ratio, Enrollment (Alumni) and GMAT Requirements
Compare how the MBA program at Indiana University Bloomington/Indianapolis measures up against Indiana, national, and online averages across key metrics of Tuition, Graduate Salary, Graduate ROI, Student / Faculty Ratios, Enrollment (Alumni) and GMAT Requirements to help you evaluate your educational investment.
Compare Average MBA Tuition
In Indiana the most affordable MBA program is $7,458 and the most expensive is $123,500. The average tuition cost in the state is $28,248. Currently, the average in-state MBA tuition for Indiana University Bloomington/Indianapolis is $29,573.
| Comparison Group | MBA Tuition Averages |
|---|---|
| Indiana University Bloomington/Indianapolis | $29,573 |
| Indiana Average | $28,248 |
| Online Average | $37,176 |
| National Average | $42,639 |
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- Indiana University Bloomington/Indianapolis average in-state tuition is $29,573
- The average Indiana in-state MBA tuition is $28,248
- The average online MBA tuition in the United States is $37,176
- The national average in-state tuition in the United States is $42,639
The most affordable Online MBA program in Indiana is $7,458 while the most expensive online program is $44,816. The average online tuition for Indiana programs is $21,636. Research the most affordable AACSB online MBA programs across the nation.
- Indiana University Bloomington/Indianapolis's average in-state tuition is $29,573
- Indiana average in-state tuition is $21,636
- National for average in-state tuition in the United States is $37,176
- Online average for in-state tuition is $37,176
- Find the most affordable online MBA schools.
Compare Average Graduate MBA Salaries
The highest average graduate salary1 for an MBA program in Indiana is $136,352 and the lowest is $59,000. The average graduate MBA salary in the state is $81,619. Currently, the average MBA graduate salary for Indiana University Bloomington/Indianapolis is estimated to be $136,352.
| Comparison Group | Graduate MBA Salary Averages |
|---|---|
| Indiana University Bloomington/Indianapolis | $136,352 |
| Indiana Average | $81,619 |
| Online Average | $79,354 |
| National Average | $83,011 |
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- National average for MBA graduate salary is $83,011
- Online average for graduate MBA salary is $79,354
For online MBA programs in Indiana, the highest average graduate salary1 is $136,352 and the lowest is $59,000. The average graduate MBA salary in the state is $76,879. Currently, the average MBA graduate salary for Indiana University Bloomington/Indianapolis is estimated to be $136,352.
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- Indiana average for online MBA starting salary is $76,879
- National average for online MBA starting salary is $79,354
Find the online MBA programs with highest and lowest average online MBA starting salaries.
Compare Average ROI for Graduate MBA Students
The highest average graduate ROI1 for MBA students in Indiana is 906% and the lowest is 8%. The average graduate MBA ROI in the state is 332%. Currently, the average MBA graduate ROI for Indiana University Bloomington/Indianapolis is estimated to be 124%.
| Comparison Group | Graduate MBA ROI Averages |
|---|---|
| Indiana University Bloomington/Indianapolis | 124% |
| Indiana Average | 332% |
| Online Average | 196% |
| National Average | 186% |
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- National average for MBA graduate ROI is 186%
- Online average for graduate MBA ROI is 196%
For online MBA programs in Indiana, the highest average graduate ROI1 is 906% and the lowest is 51%. The average graduate MBA ROI in the state is 336%. Currently, the average MBA graduate ROI for Indiana University Bloomington/Indianapolis is estimated to be 124%.
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- Indiana average for online MBA starting ROI is 336%
- National average for online MBA starting ROI is 196%
Find the schools with the highest and lowest ROI for graduating MBA students.
Compare Business School Student / Faculty Ratios
The average student to faulty ratio for business schools in Indiana ranges between a low of 11:1 to a high of 20:1 with an average Student Faculty Ratio of 14:1. Currently, Indiana University Bloomington/Indianapolis has an average student-to-faculty ratio for its MBA program of 17:1.
| Comparison Group | Average Student to Faculty Ratios |
|---|---|
| Indiana University Bloomington/Indianapolis | 17:1 |
| Indiana Average | 14:1 |
| Online Average | 17:1 |
| National Average | 16:1 |
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- Indiana University Bloomington/Indianapolis Average Student Faculty Ratio: 17:1
- Indiana Student Faculty Ratio: 14:1
- Average U.S. Student Faculty Ratio: 16:1
- Average Online Student Faculty Ratio: 17:1
For online MBA programs, the student-to-faculty ratios range between a low of 2:1 to a high of 63:1 with an average of 17:1.
Research the best and worst student-to-faculty ratios.
Compare Average Business School Enrollment (Alumni)
In Indiana, the average business school enrollment ranges between a low of 392 to a high of 14,011 with an average of 2,397. Currently, Indiana University Bloomington/Indianapolis average school enrollment is 14011.
| Comparison Group | Average Business School Enrollment / Alumni |
|---|---|
| Indiana University Bloomington/Indianapolis | 14011 |
| Indiana Average | 2,397 |
| Online Average | 2,654 |
| National Average | 2,533 |
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- Indiana University Bloomington/Indianapolis Average School Enrollment: 14011
- Indiana's Average School Enrollment: 2,397
- National Average for School Enrollment: 2,533
- Online Average for School Enrollment: 2,654
For online business schools, enrollments range from a low of 152 to a high of 21,000 with an average of 2,654.
Research, find and compare online business schools enrollments.
Compare Average GMAT Scores
The average GMAT score for an MBA program in Indiana ranges between a low of 458 to a high of 685 with an average of 598. At the present time, Indiana University Bloomington/Indianapolis average GMAT score for its MBA program is 685.
| Comparison Group | Average GMAT Scores |
|---|---|
| Indiana University Bloomington/Indianapolis | 685 |
| Indiana Average | 598 |
| Online Average | 561 |
| National Average | 567 |
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- Indiana University Bloomington/Indianapolis Average GMAT: 685
- Indiana's Average GMAT Scores: 598
- National Average for GMAT Scores: 567
- Online Average for GMAT Scores: 561
For online MBA programs GMAT scores range from a low of 265 to a high of 732 with an average of 561.
Many MBA programs no longer require the GMAT, making these exams optional or conditional based on specific criteria. While some business schools have eliminated standardized testing requirements entirely, others still consider test scores as a component of the application process. Even at test-optional institutions, admissions committees may require the GMAT for applicants with lower GPAs or limited quantitative coursework. Ultimately, strong test scores can strengthen an application, but many programs now evaluate candidates holistically based on work experience, academic background, and leadership potential.
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- Find MBA programs that do not require a GMAT or make the exam optional or conditional
- Find Online MBA programs with the highest and lowest GMAT requirements
Indiana Schools Offering Online MBA Degrees
- University of Southern Indiana
- Indiana University Southeast
- Indiana University Kokomo
- Indiana University Northwest
- Indiana University Bloomington/Indianapolis
- Butler University
- Ball State University
- Indiana University South Bend
- Indiana State University
- Valparaiso University
- Purdue University
- Purdue University Fort Wayne
Indiana Schools Offering both Campus and Online MBA Degrees
Find the best ranked MBA programs in Indiana and also find the best best online MBA programs accepting Indiana students.
- University of Southern Indiana
- Indiana University Southeast
- Indiana University Kokomo
- Indiana University Northwest
- Indiana University Bloomington/Indianapolis
- Butler University
- Ball State University
- Indiana University South Bend
- Indiana State University
- Valparaiso University
- Purdue University
- Purdue University Northwest
- University of Notre Dame
- Purdue University Fort Wayne
Cities in Indiana Where You Can Find MBA Programs
Using the following links, compare average tuition costs, starting graduate salaries, program ROIs, averaged required GMAT scores, strong alumni networks and more.
- Bloomington
- Evansville
- Fort Wayne
- Gary
- Hammond
- Indianapolis
- Kokomo
- Muncie
- New Albany
- Notre Dame
- South Bend
- Terre Haute
- Valparaiso
- West Lafayette
Indiana University Bloomington/Indianapolis Kelley School of Business Summary
In-state tuition and fees for the MBA program at Kelley School of Business is $29,573. Of all MBA programs offered in Indiana, the average cost for in-state tuition and fees is $28,248 a year. The average cost for in-state tuition and fees for an online MBA program is $37,176 a year.
The average GMAT score to enter into Kelley School of Business is 685 while the average GMAT score to for MBA schools in Indiana is 598.29, and the average GMAT score to enter into an online GMAT program is 560.93.
After graduating, the school reports that the average graduate salary is $136,352.
Comparing in-state tuition to the average graduate salary, you can expect an ROI on your MBA education to be in the range of 124%
The average in-state tuition you can expect to pay is about $29,573, and the average GMAT score for acceptance in their program is 685.
After graduating, the school reports that the average graduate salary is $136,352. Comparing in-state tuition to the average graduate salary, you can expect an ROI on your MBA education to be in the range of 124%
Programs are offered as: Campus, Distance Education, Full-Time and Online.
The school is ranked by: Indiana University Bloomington/Indianapolis's MBA program is accredited by the AACSB and is ranked by the following publications: PQ, US News, Forbes, BW, FT, Economist and MBAGuide
1*If a school does not provide average graduate salary information or graduate ROI data on their web site, MBAGuide estimates these figures using a variety of state and regional sources including the CollegeNavigator, the U.S. Bureau of Labor Statistics and state or regional equivalents. If you find mistakes in our database, please contact us.
Data sources: IPEDS, National Center of Educational Statistics, U.S. Department of Education, Institute of Education Sciences (ERIC), Association to Advance Collegiate Schools of Business (AACSB), 520 MBA Schools, U.S. Bureau of Labor Statistics (BLS). If you notice errors in the MBA program database, please contact us.