Skip to content
MBA Guide

MBAGuide

  • RankingsExpand
    • Best Online

      • Overall
      • Most Respected
      • Salary
      • ROI
      • Affordable
      • No GMAT
      • Selective
      • Ratios
      • Faculty
      • Alumni

      Best Campus

      • Overall
      • Most Respected
      • Salary
      • ROI
      • Affordable
      • No GMAT
      • Selective
      • Ratios
      • Faculty
      • Alumni

      Types of MBAs

      • 1-Year
      • E-MBA
      • Part-Time
      • Evenings & Weekends
      • Dual
      • Grad Certificate
      • Undergrad Certificate
      • Entrepreneurship Development Programs
      • Emerging Leadership Programs

  • StatesExpand
    • West

      • Alaska
      • Arizona
      • California
      • Colorado
      • Hawaii
      • Idaho
      • Montana
      • Nevada
      • New Mexico
      • Oregon
      • Utah
      • Washington
      • Wyoming

      Midwest

      • Illinois
      • Indiana
      • Iowa
      • Kansas
      • Michigan
      • Minnesota
      • Missouri
      • Nebraska
      • North Dakota
      • Ohio
      • South Dakota
      • Wisconsin

      Northeast

      • Connecticut
      • Maine
      • Massachusetts
      • New Hampshire
      • New Jersey
      • New York
      • Pennsylvania
      • Rhode Island
      • Vermont

      South

      • Alabama
      • Arkansas
      • Delaware
      • Florida
      • Georgia
      • Kentucky
      • Louisiana
      • Maryland
      • Mississippi
      • North Carolina
      • Oklahoma
      • South Carolina
      • Tennessee
      • Texas
      • Virginia
      • West Virginia

      MBA Program Rankings and Reports for All 50 States

  • ConcentrationsExpand
    • Most AACSB Programs Offered

      • Finance – 430
      • Accounting – 444
      • Marketing – 405
      • Management – 433
      • Business Administration – 453
      • Information Systems – 274
      • Intl Business – 210
      • Entrepreneurship – 218
      • Economics – 220
      • Supply Chain – 200
      • Data Analytics – 309
      • Healthcare Admin – 144
      • Leadership – 92
      • Statistics – 16

      Best Graduate Salary

      • Business Analytics – $104,000
      • Consulting – $115,277
      • Energy – $92,959
      • E-Commerce – $94,850
      • Law – $90,536
      • Leadership – $88,232
      • Operations Mgmt – $92,419
      • Insurance – $80,528
      • Org. Behavior – $107,961
      • Real Estate – $97,485
      • Sports Mgmt – $78,406
      • Statistics – $103,112
      • Healthcare Mgmt – $85,206
      • Taxation –  $121,750

      Explore All 50 MBA Concentrations

  • ResourcesExpand
    • Blog
    • Scholarships
    • What is an MBA
MBA Guide
MBAGuide

Indiana University Bloomington/Indianapolis

Posted onMay 7, 2021May 21, 2025 Updated onMarch 9, 2025 Reading Time: 5 minutes

Share with:

Indiana University Bloomington/Indianapolis Kelley School of Business
Master's and MBA Programs in Business
Tuition, ROI, Graduate Salary, GMAT Requirements

 

$29,573

Average Tuition

$136,352

Average Starting Salary*

685

Average GMAT Scores

14,011

Average Student Enrollment


Kelley School of Business at Indiana University Bloomington/Indianapolis MBA Program in Bloomington, IN

Indiana University Bloomington/Indianapolis

Kelley School of Business

  • 1275 East 10th Street Suite 3000, Bloomington, IN - 47405
  • Indiana University Bloomington/Indianapolis

  • Business School

    Institution Control: Public
  • AACSB Accreditation: Business and Accounting
  • Academic Year: Semester
  • Full-Time Faculty: 449
  • Business Programs

    Business Degrees & Concentrations: Accounting, Corporate Finance, Data Analytics, Finance, General Business, Global Management, Healthcare Administration, Information Systems, International Business, Law, Management, Other and Taxation

  • Offered As: Campus, Distance Education, Full-Time and Online

  • Undergraduate School of Business

    Undergrad Degrees Conferred: 1,351
  • In-State Tuition: $12,533

  • MBA Program Ranking(s)

    Ranked by: PQ, US News, Forbes, BW, FT, Economist and MBAGuide

  • MBA Tuition & Fees

    In-State Tuition: $29,573

  • Enrollment

    Full-time, All: 14,011

  • Average GMAT Score

    Average GMAT MBA: 685

  • Student / Faculty Ratio

    Institution: 15:1

  • Average Starting Salary

    Graduate Salary*: $136,352

  • Award Levels

    Award Levels Offered: Doctoral, E-MBA, Master, MBA and Undergraduate

  • Social Links

    Facebook, Linkedin and Twitter

  • GMAT Requirements

    GMAT Required* (yes, no, optional, recommended): Yes

  • MBAGuide Rankings

    Program Rankings:
    • Best MBA or Masters Program in Indiana
    • Best Online Concentration Finance Online
    • Best Online MBA or Masters in Indiana
    • Best MBA or Masters Most Respected Online MBA Programs
    • Best Concentration Finance
    • Best Concentration Healthcare Administration
    • Best Concentration Law
    • Best Concentration Accounting
    • Best Concentration Data Analytics
    • Best Concentration Real Estate
    • Best Concentration International Business
    • Best Concentration Information Systems
    • Best MBA or Masters Most Respected MBA Programs
    • Best DBA Program in Each State
    • BBA All BBA in Accounting
    • Masters Online Masters Degree Accounting Online
    • Masters All or Campus Masters Marketing
    • Masters All or Campus Masters Supply Chain Management
    • Masters All or Campus Masters Information Systems
    • BBA All BBA Each State
    • Best Online Concentration Accounting Online
    • Best Online Concentration Corporate Finance
    • Best Online Concentration Data Analytics
    • Best Online Concentration General Business
    • Best Online Concentration Global Management
    • Best Online Concentration Healthcare Administration
    • Best Online Concentration Information Systems
    • Best Online Concentration International Business
    • Best Online Concentration Law
    • Best Online Concentration Management
    • Best Online Concentration Taxation
    • Best Concentration Business Administration
    • Best Concentration Management
    • Best Concentration Global Management
    • Best Concentration Corporate Finance
    • Best Concentration 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.

Averages Indiana University Bloomington/Indianapolis Online Indiana
Tuition $29,573 $37,167 $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

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 $37,167
National Average $42,528

    • 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 $37,167
    • The national average in-state tuition in the United States is $42,528

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 $37,167
  • Online average for in-state tuition is $37,167
  • 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 $82,899

    • National average for MBA graduate salary is $82,899
    • 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.

    • 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%

    • 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%.

    • 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

    • 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

 

    • 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

    • 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.

    • 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 Northwest
  • Indiana University Kokomo
  • 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 Northwest
  • Indiana University Kokomo
  • 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 $37,167 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

Averages Indiana University Bloomington/Indianapolis Online Indiana
Tuition $29,573 $37,167 $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

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.

Contact Us

Get in Touch

At MBAGuide you are teaming up with business managers, professors, MBA students, data modelers, designers and other professionals to learn from experts about business careers, degree programs and salaries.

Headquarters​, California

Monday – Friday, 9:30 am – 5:30 pm

US Team:  Agoura Hills, CA; Cumming, GA; Beverly Hills, CA; Marquette, MI; Lilburn, GA; Terre Haute, IN; Pittsburgh, PA; Loma Linda, CA; San Diego, CA

Worldwide Team: Salford, United Kingdom; Cairo, Egypt; Novovolynskiy, Ukraine; Ahmedabad, India; Alexandria, Egypt; Kushtia, Bangladesh; Kyiv, Ukraine; Toronto, Canada

Concentrations

Finance
Business Administration
JD MBA
Marketing
Accounting
Healthcare Administration
Insurance
Real Estate
Business Analytics
Project Management

States

California
New York
Texas
Florida
New Jersey
Georgia
Illinois
Massachusetts
North Carolina
Colorado
Ohio
Michigan

Online Rankings

Best Overall
Most Affordable
GMAT
Student / Faulty Ratio
Alumni

Campus Rankings

Best Overall
Most Affordable
GMAT
Student / Faulty Ratio
Alumni

© 2025 MBAGuide – About Us | Contact | Experts | Ranking Methodology | Data Sources | Sitemap | Privacy | Terms of Service | Advertising Disclosure | Do Not Sell My Information | News | Media Kit

All copyrighted names, images, logos, and other media are the property of their respective owners.

Facebook Twitter Linkedin Email
Scroll to top
  • Rankings
    • Best Online

      • Overall
      • Most Respected
      • Salary
      • ROI
      • Affordable
      • No GMAT
      • Selective
      • Ratios
      • Faculty
      • Alumni

      Best Campus

      • Overall
      • Most Respected
      • Salary
      • ROI
      • Affordable
      • No GMAT
      • Selective
      • Ratios
      • Faculty
      • Alumni

      Types of MBAs

      • 1-Year
      • E-MBA
      • Part-Time
      • Evenings & Weekends
      • Dual
      • Grad Certificate
      • Undergrad Certificate
      • Entrepreneurship Development Programs
      • Emerging Leadership Programs

  • States
    • West

      • Alaska
      • Arizona
      • California
      • Colorado
      • Hawaii
      • Idaho
      • Montana
      • Nevada
      • New Mexico
      • Oregon
      • Utah
      • Washington
      • Wyoming

      Midwest

      • Illinois
      • Indiana
      • Iowa
      • Kansas
      • Michigan
      • Minnesota
      • Missouri
      • Nebraska
      • North Dakota
      • Ohio
      • South Dakota
      • Wisconsin

      Northeast

      • Connecticut
      • Maine
      • Massachusetts
      • New Hampshire
      • New Jersey
      • New York
      • Pennsylvania
      • Rhode Island
      • Vermont

      South

      • Alabama
      • Arkansas
      • Delaware
      • Florida
      • Georgia
      • Kentucky
      • Louisiana
      • Maryland
      • Mississippi
      • North Carolina
      • Oklahoma
      • South Carolina
      • Tennessee
      • Texas
      • Virginia
      • West Virginia

      MBA Program Rankings and Reports for All 50 States

  • Concentrations
    • Most AACSB Programs Offered

      • Finance – 430
      • Accounting – 444
      • Marketing – 405
      • Management – 433
      • Business Administration – 453
      • Information Systems – 274
      • Intl Business – 210
      • Entrepreneurship – 218
      • Economics – 220
      • Supply Chain – 200
      • Data Analytics – 309
      • Healthcare Admin – 144
      • Leadership – 92
      • Statistics – 16

      Best Graduate Salary

      • Business Analytics – $104,000
      • Consulting – $115,277
      • Energy – $92,959
      • E-Commerce – $94,850
      • Law – $90,536
      • Leadership – $88,232
      • Operations Mgmt – $92,419
      • Insurance – $80,528
      • Org. Behavior – $107,961
      • Real Estate – $97,485
      • Sports Mgmt – $78,406
      • Statistics – $103,112
      • Healthcare Mgmt – $85,206
      • Taxation –  $121,750

      Explore All 50 MBA Concentrations

  • Resources
    • Blog
    • Scholarships
    • What is an MBA