Kelley School of Business Acceptance Rate. Institutions on the east and west coasts, like Harvard Business School or Stanford School of Business, come to mind when one thinks about top graduate American universities.
The Midwest, however, has some of the best and most reasonably priced business schools, so anyone who ignores it runs the risk of missing out.
The Kelley School of Business at Indiana University at Bloomington, founded in 1920, consistently ranks among the top 25 business schools in the nation.
Over the years, a number of great business executives have joined the faculty at Kelley, including Michael Baye, the previous director of the Bureau of Economics, and David B. Audretsch, editor-in-chief of Small Business Economics.
The 180,000 square foot Godfrey Center is the focal point of the Kelley School. The majority of Kelley’s classes are taught in Godfrey’s classrooms and offices, which also serves as a residence for the school’s staff members and administrative staff.
Importantly, the Godfrey Center also offers cutting-edge technology, preparing students to compete on the world stage of business.
The Godfrey Center includes a trading room with all the data one would find in the top Wall Street businesses, in addition to its high-speed internet and videoconferencing capabilities. These tools give students the chance to see and evaluate market changes firsthand.
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Kelley School of Business Acceptance Rate
The Kelley School of Business receives a lot of applications each year since it is a reputable business school located in one of the top universities in the Midwest. Because of this, the majority of people who apply for admission to the institution are declined rather than admitted.
The school’s statistics show that every year, about 500 persons apply to Kelley. Only 186 receive offers of admission from that group. That represents a mere 38% acceptance rate.
That is unquestionably a very low percentage, which may deter some applications. For top-tier business schools, the number is actually extremely flexible.
For instance, just 11.5% of the 5,798 applicants that submitted applications to MIT’s Sloan School of Business were accepted. The Wharton School of Business at the University of Pennsylvania has a low acceptance rate of just 19.2%, whereas the Booth School of Business at the University of Chicago has a high acceptance rate of 20.8%.
When seen in this light, it is evident that the Kelley School is one of the best options for students seeking admission to a prestigious business school.
It should be noted that this does not imply that acceptance is simple or assured, merely that it is more likely there than it is elsewhere.
Kelley School of Business Tuition
The cost of higher education is typically extremely high. That is especially true for graduate programs, particularly at renowned universities like the Kelley School of Business.
The elite teachers and respected business contacts that one would anticipate from a school of this kind are rather expensive.
The cost of attending Kelley is estimated by the school to be $54,318 per year for students from Indiana. For every year, out-of-state students should budget $78,658.
In-state tuition of $28,143 and out-of-state tuition of $52,483 a year make up the bulk of that sum.
Yes, that is a considerable sum of money. However, it is actually quite a deal more affordable than many other colleges of comparable quality.
For instance, the annual tuition at the Harvard Business School is $73,440 and the Tuck School of Business at Dartmouth costs $77,500.
The Kelley School’s estimates also leave a lot of space for modification, which might bring down overall costs.
For instance, the school predicts that students will spend $2,958 on transportation and $14,904 on room and board annually.
By adopting particular actions, students can reduce their spending in these categories. A student can considerably reduce their cost of living if they can live at home or with roommates.
The cost of getting to school can be reduced by carpooling or biking there.
Whatever choices students have, it is still true that the Kelley School of Business is one of the most affordable of the best business schools in the country.
Kelley School of Business Requirements
Although the Kelley School accepts a much higher proportion of applicants than many other academies of its caliber, entrance is not assured. Although they might accept 38% of candidates, hundreds are declined each year.
Understanding the application requirements is the first step in taking actions to increase the likelihood of acceptance.
Fundamentally, Kelley seeks someone with a knack for organizing and algebra. The essays that students are required to submit and their grade point average on their applications serve as proof of these claims.
The institution does not have a minimum GPA requirement, although on a scale of 4.0, its students typically have an average GPA of 3.3.
That implies that while successful applicants may receive Bs in a select few classes, the majority of their marks must fall between A and B.
Students typically need to submit their results from one of two standardized tests.
The Graduate Management Admissions Test is one of those exams (GMAT). The GMAT evaluates particular skills that candidates will bring to their business school education. It emphasizes abilities including strong verbal communication, analytical reasoning, and numerical reasoning.
GRE is the alternative (Graduate Record Examinations). The GRE is more all-encompassing than the GMAT, but it also highlights the critical skillsets required of individuals who will succeed in business schools. These skills include writing and critical thinking, as well as verbal and quantitative reasoning.
Kelley School of Business Notable Alumni
Nobody evaluates a school’s quality based on how well-known its alumni are. However, onlookers can assess how well-prepared for greatness the school’s students are by examining the achievements of people who received their education there.
Marc Cuban, one of the richest persons in the world and the owner of numerous businesses, including the NBA’s Dallas Mavericks, is possibly the most well-known Kelley School alum.
Cuban graduated from Kelley in 1981 with a BS in Management, but he started several businesses while still a student. Cuban has since founded companies like Audionet and Broadcast.com and has continued to provide funding for entrepreneurs all across the world.
After graduating from Kelley with an MBA, Deepender Hooda entered politics in India. Hooda was the youngest legislator in India when he entered the Lok Sabha in 2005 representing his hometown of Rohtak. At the moment, Hooda serves as Haryana’s representative in the Rajya Sabha.
Mauricio Tohen already had an MD from the National Autonomous University of Mexico, a DPsych Diploma in Psychiatric Research from the University of Toronto, and a Ph.D. in Public Health from the Harvard School of Public Health by the time he received his MBA from Kelley in 2000.
Tohen is a distinguished professor of psychiatry and behavioral sciences at the University of New Mexico with these illustrious qualifications.
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Kelley School of Business Ranking
There is a reason why the Kelley School receives hundreds of applications each year. And, believe it or not, that reason goes beyond the group of brilliant politicians and businessmen it has trained.
Instead, Kelley is one of the top-ranked business schools in the US, which is why so many individuals want to attend.
The Kelley School, ahead of those at Rice University, the University of Minnesota – Twin Cities, and the Georgia Institute of Technology, is ranked as the world’s 21st top business school by Fortune Education.
The school is ranked number 26 on Bloomberg.com, just ahead of the business programs at the Universities of Florida and Maryland.
While each of these sources has merit, U.S. News & World Report is the most dependable. U.S. News has established itself as the gold standard for evaluating the caliber of a school due to its extensive research and rigorous ranking structure.
Because of this, it means a lot when U.S. News names the Kelley School as the nation’s 23rd best business school. In addition, the magazine ranks the Kelley School in 10th position for its part-time MBA program and 11th on its lists of schools for marketing and accounting.
FAQS on Kelley School of Business Acceptance Rate
Is it hard to get into Kelley School of Business?
Standard admission requirements are rigorous. The required courses are often challenging for our most talented, hardworking students. With discipline and guidance, you can earn the A's and B's you need to succeed.
Is Kelley a top 10 business school?
Indiana University (Kelley) is ranked No. 22 (tie) in Best Business Schools and No. 11 (tie) in Part-time MBA.
What GPA do you need to get into Kelley School of Business?
3.2 cumulative GPA with a 1170 SAT (including a minimum of 530 on the math component) or a 24 ACT (with a minimum of 21 or higher on the math component).
How many people get direct admit to Kelley?
According to statistics from the school, approximately 500 people apply to Kelley every year. Out of that group, only 186 are given offers of admission. That's an acceptance rate of just 38%.
Conclusion
It’s difficult to argue against anyone applying to Indiana University’s Kelley School of Business who wants to pursue a career in business or politics. As we’ve seen, the school has already produced a number of accomplished business executives, including one of the richest people in the world. Anyone would be proud to continue in these illustrious steps.
In spite of its well-known alumni, the Kelley School consistently ranks among the top twenty-five colleges in the nation according to lists made by the most reliable publications.
What is even better news? Compared to many of its competitors, Kelley is far more affordable, and it also tends to accept more applications.
Despite all of this, there is a reason why students might be hesitant to apply. After all, more than 70% of applicants are turned down for admission to the school.
The institution requires exceptional academic performance, strong test results, and strong application materials from all prospective students, and some may not be prepared for that commitment.
However, for individuals up for the challenge and ready to enter the world of business leaders, the Kelley School of Business at Indiana University will be well worth the effort.
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