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Kelley School of Business : MBA Admission, Courses Offered, Fees, & Scholarships

Kelley School of Business at Indiana University offers top‑ranked MBA, Online MBA, MS, and Ph.D. programs. Explore global rankings, admission process, eligibility, courses, and scholarship schemes, including Forté and ROMBA fellowships. Build your career with Kelley’s No. 1 Online MBA and nationally ranked undergraduate business program.

MBA Verse Staff by MBA Verse Staff
August 3, 2026
in Global, Top MBA Colleges in USA
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The Kelley School of Business is an undergraduate and graduate business school for Indiana University Bloomington and Indiana University Indianapolis.The Kelley School of Business is one of the leading business schools in the United States. It is ranked among the top 25 MBA programs by U.S. News and holds a strong global position, with QS ranking its full‑time MBA at 45th. The undergraduate program is consistently in the top 10 nationally, and Kelley’s Online MBA is ranked 1 in the country. These rankings highlight its strength in both traditional and online education.

The school offers a wide range of programs, including MBA, MS, and Ph.D. degrees. Popular courses include MBA specializations in finance, marketing, entrepreneurship, and supply chain management. Doctoral programs cover areas such as accounting, economics, and organizational behavior. The MBA program emphasizes leadership, teamwork, and career readiness, with strong placement records across consulting, finance, and technology sectors.

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Admission to the MBA follows a step‑by‑step process: applicants submit an online application with transcripts, essays, GMAT/GRE scores, and one recommendation letter. Interviews are conducted by invitation, and decisions are released in four rounds between October and April. Scholarships are available through merit‑based awards, Forté Fellowships for women leaders, ROMBA Fellowships for LGBTQ+ students, and military service support. Early applicants receive priority for financial aid, making Rounds 1 and 2 the most strategic for admission and funding.

Kelley School of Business Ranking

The Kelley School of Business at Indiana University continues to perform strongly in 2026, with its Online MBA ranked 1st in the U.S. News & World Report, while its Full-Time MBA holds a global QS rank of 45th. The undergraduate program is consistently in the top 10 in the U.S., reaffirming Kelley’s reputation for excellence.

Ranking Body 2026 Position Highlights
QS Global MBA 45th Worldwide Strong reputation in employability
QS Business & Management Studies 131st Declined from 94th in 2023
QS Economics & Econometrics 251–300 Dropped from 151–200 in 2023
THE Business & Economics 85th Consistent performance
U.S. News Online MBA 1st Best Online MBA in the U.S.
Financial Times Global MBA Top 50 Worldwide Competitive salary outcomes

Kelley School of Business MBA Admission Deadline

The Kelley School of Business MBA admission deadlines for the 2025–2026 cycle are spread across four rounds. Early rounds are strongly recommended for scholarship consideration.

Round Application Deadline Decision Notification
Round 1 October 15, 2025 December 20, 2025
Round 2 January 5, 2026 March 15, 2026
Round 3 March 1, 2026 April 30, 2026
Final Round April 15, 2026 May 31, 2026

Courses Offered at Kelley School of Business

The Kelley School of Business offers a wide range of programs, including MBA, MS, and Ph.D. degrees. The MBA is the most popular program, while doctoral programs are comparatively lower in cost.

Program Annual Fees (USD)
MBA $61,197
Ph.D. Business Economics & Public Policy $ 27,113
Ph.D Marketing $27,113
Ph.D Information Systems $27,113
Ph.D Entrepreneurship & Strategic Management $27,113
Ph.D Organizational Behavior & HRM $27,113
Ph.D Operations Management & Decision Sciences $27,113
Ph.D Finance $27,113
MS Taxation $27,113
Ph.D Accounting $27,113

Eligibility Criteria for MBA at Kelley School of Business

To be eligible for the MBA at Kelley School of Business (Indiana University), applicants must hold a bachelor’s degree, demonstrate quantitative readiness (algebra, statistics, spreadsheets), submit GMAT/GRE scores or request a waiver, and show at least two years of professional work experience. International students must also provide proof of English proficiency.

Requirement Details
Bachelor’s Degree From an accredited institution, not limited to business majors.
Quantitative Skills Must understand algebra, basic statistics, and spreadsheets.
GMAT/GRE Required unless granted a waiver; strong scores improve admission chances.
Work Experience Minimum 2 years of full-time professional experience; leadership roles valued.
English Proficiency TOEFL iBT ≥ 100, IELTS ≥ 7 (for non-native speakers).
Application Components Resume, transcripts, essays, 1 recommendation letter, $75 fee.
Deferred Admission College seniors may apply for deferred admission, with enrollment after gaining 2 years’ work experience.
Leadership & Community Evidence of leadership, teamwork, and extracurricular/community involvement.

Kelley School of Business MBA Admission Process

Pursuing an MBA at the Kelley School of Business is a structured journey designed to evaluate academic readiness, professional experience, and leadership potential. Below is the step‑by‑step admission process for the 2026 intake:

  • Submit Online Application: Complete the Kelley MBA application form and pay the required fee.
  • Provide Academic Transcripts: Upload official transcripts from all undergraduate and graduate institutions attended.
  • Submit Test Scores: Provide GMAT or GRE scores unless granted a waiver; international students also submit TOEFL or IELTS.
  • Upload Resume & Essays: Highlight professional experience, leadership roles, and career goals through your resume and personal essays.
  • Provide a Recommendation Letter: Submit one professional recommendation from a supervisor or mentor who can attest to your abilities.
  • Attend Interview: Selected applicants are invited for an interview, conducted in person or virtually.
  • Receive Admission Decision: Decisions are released after each round; admitted students confirm enrollment by paying the deposit.

Scholarship Schemes at Kelley School of Business

The Kelley School of Business offers a variety of scholarships for MBA and Online MBA students, including merit-based awards, diversity fellowships, and military service support. The maximum scholarship funding for the Kelley Direct Online MBA is up to $30,000.

Scholarship Eligibility Benefits
Merit-Based Scholarships Strong academic and professional record Partial tuition coverage; priority in Rounds 1 & 2
Need-Based Scholarships Financial need demonstrated via application Tuition support based on need
Forté Fellowship Women and allies in leadership Financial aid + Forté network access
Expanding Access Scholarship Applicants promoting diversity & inclusion Partial tuition funding
Partial tuition funding U.S. veterans or active service members Tuition support + GI Bill® benefits

Reference Link

https://kelley.iu.edu/index.html

FAQs – Kelley School of Business

Ques: What courses are offered at the Kelley School of Business?

Ans: Kelley offers a wide range of programs, including Full‑Time MBA, Online MBA, MS in Taxation, and Ph.D. programs in areas such as Finance, Marketing, Accounting, Economics, and Organizational Behavior. The MBA curriculum is flexible, allowing students to specialize in entrepreneurship, supply chain management, consulting, and digital business strategy. This variety ensures that students can tailor their education to match their career goals.

Ques: What is the admission process for the Kelley MBA?

Ans: The admission process begins with an online application submission that includes transcripts, resume, essays, GMAT/GRE scores, and one recommendation letter. Applicants are then reviewed by the admissions committee, and selected candidates are invited for an interview. Decisions are released in four rounds between October and April, with early rounds offering priority for scholarship consideration. International students are advised to apply by Round 2 to allow time for visa processing.

Ques: What scholarships are available for Kelley MBA students?

Ans: Kelley provides several scholarship schemes, including Merit‑Based Awards, Need‑Based Scholarships, Forté Fellowships for women leaders, ROMBA Fellowships for LGBTQ+ students, Military Service Scholarships, and Expanding Access Scholarships. The Kelley Direct Online MBA offers up to $30,000 in combined scholarship funding. These scholarships not only reduce tuition costs but also provide access to exclusive leadership networks and career development opportunities.

MBA Verse Staff

MBA Verse Staff

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