Indiana Kelley MBA: acceptance rate, tuition, GMAT and salary (2026)
Kelley School of Business, Indiana University · Bloomington, Indiana · Data checked Nov 3, 2026 · Sources
Kelley School of Business at Indiana University in Bloomington, Indiana ranks #18 in our composite of the four major MBA rankings. The Class of 2028 (Full-Time +Flex MBA) full-time class has 57 students, with a average GMAT of 618 on the Focus Edition scale. Tuition is $29,573 per year (2026-27 Indiana resident tuition; non-resident/international $55,695), within a published annual budget of $58,007. Graduates in the Class of 2025 employment report earned a median base salary of $127,450, and 92% had offers within three months of graduation.
- Merit aid is automatic for admitted students; Dean's Fellowships cover two years of full tuition
- Students may choose after year one to finish on campus or move to the online Kelley Direct MBA at same tuition
Admissions and class profile
| Class year | Class of 2028 (Full-Time +Flex MBA) |
|---|---|
| Applications | — |
| Class size | 57 |
| Acceptance rate | — |
| Median GMAT | — |
| Average GMAT | 618 (Focus) |
| GMAT middle 80% | — |
| GRE (verbal / quant) | 160 / 161 |
| Undergraduate GPA | 3.38 |
| Work experience | 6.0 years |
| Average age | 30 |
| Women | 35% |
| International students | 39% |
GMAT figures are on the Focus Edition scale (205–805), which is not directly comparable with classic 200–800 scores.
Tuition and cost of attendance
| Tuition per year | $29,573 |
|---|---|
| Basis | 2026-27 Indiana resident tuition; non-resident/international $55,695 |
| Published cost of attendance per year | $58,007 |
| Program length | 24 months |
| Formats offered | full-time |
Model the ROI with these numbers
See the guides on what an MBA really costs and scholarships and fellowships.
Employment outcomes
| Employment report | Class of 2025 |
|---|---|
| Median base salary | $127,450 |
| Mean base salary | $133,129 |
| Median signing bonus | — |
| With offers 3 months after graduation | 92% |
Where graduates go
| Industry | Share of class |
|---|---|
| Technology | 23% |
| Consulting | 16% |
| Manufacturing | 15% |
| Financial Services | 14% |
| Consumer Packaged Goods | 12% |
| Healthcare | 5% |
Application deadlines
| Round | Deadline |
|---|---|
| Round 1 (Phase 2) | Oct 15, 2026 |
| Round 2 (Phase 2) | Jan 5, 2027 |
| Round 3 (Phase 2) | Mar 1, 2027 |
| Round 4 (Phase 2) | Apr 15, 2027 |
Dates are for the application cycle currently open and are checked against the school's page on the date shown above. Confirm on the school's site before relying on them. See the application timeline guide for how the rounds differ.
Where Indiana Kelley ranks
| Ranking | Edition | Position |
|---|---|---|
| Composite (this site) | Average of the four lists below | #18 |
| U.S. News | 2026 Best Business Schools (Full-Time MBA) | #21 |
| Financial Times | Global MBA Ranking 2026 | — |
| Bloomberg Businessweek | Best Business Schools 2025-26 (US) | #31 |
| QS | QS Global MBA Rankings 2027 | — |
Positions are cited from each publisher's latest edition; see the methodology. A dash means the school was not listed in that edition.
Frequently asked questions
What is the acceptance rate at Indiana Kelley?
Indiana Kelley does not publish an admit count, so an exact acceptance rate is not available. Use the class size and test-score range on this page to judge selectivity.
What GMAT score do you need for Indiana Kelley?
The average GMAT for the Class of 2028 (Full-Time +Flex MBA) class was 618 on the GMAT Focus Edition scale. There is no published minimum, and the school accepts the GRE as well.
How much does the Indiana Kelley MBA cost?
Tuition is $29,573 per year (2026-27 Indiana resident tuition; non-resident/international $55,695), and the school's full annual cost-of-attendance budget, including fees and living expenses, is about $58,007. Over a 24-month program, budget for two years of these costs plus the salary you give up.
What is the average salary after a Indiana Kelley MBA?
The Class of 2025 employment report shows a median base salary of $127,450, with 92% of job seekers holding offers three months after graduation.
Sources
Official pages from Kelley School of Business; each figure above was read from the page listed on the date shown.
- https://kelley.iu.edu/programs/full-time-mba/admissions/class-profile.html (accessed Nov 3, 2026)
- https://kelley.iu.edu/programs/full-time-mba/admissions/tuition-aid-scholarships.html (accessed Nov 3, 2026)
- https://kelley.iu.edu/programs/full-time-mba/careers/statistics.html (accessed Nov 3, 2026)
- https://kelley.iu.edu/programs/full-time-mba/admissions/index.html (accessed Nov 3, 2026)
- https://kelley.iu.edu/
Data notes: Class profile is the Class of 2028 Full-Time +Flex MBA (class of 57 is notably small vs. prior years). GMAT 618 is footnoted as the current edition (previously GMAT Focus), so flagged true. No applications, acceptance rate, GMAT median/range published. Salary: median $127,450 (all regions) and mean $133,129; mean signing bonus $30,150 (not a median, not stored). Industry pcts are share of accepting students on the stats page; they total <100 and 'Other' not shown. No employer list on page. Admissions page lists dates without years; each round has Phase 1 (early) and Phase 2 deadlines; Phase 2 dates are listed with assumed 2026-27 years. Tuition is resident rate; 'annual budget' $58,007 resident / $84,129 non-resident. Program length from '2 years on campus' wording. Founded not sourced.