Kelley School of Business is the graduate business division of Indiana University Bloomington, located in Bloomington, Indiana. Its Kelley Direct Online MBA has held the #1 spot in the US News Best Online MBA Ranking for five consecutive years, and the residential Full-time MBA sits at #21 nationally in the same 2026 edition.
Kelley School of Business runs a Full-time MBA and specialised MS degrees in Information Systems, Accounting with Data and Analytics, Finance, and Management, all taught in English. Indian applicants form one of the largest international cohorts, drawn by STEM designation on the MS Information Systems, MS Finance, and MS Accounting tracks and the merit aid that reaches more than half of every incoming MBA class. Fall (August) is the primary intake window for degree-seeking applicants from study in USA pathways.
- Ranking: #21 US Best Business Schools MBA (US News 2026); parent Indiana University Bloomington #306 QS World 2027
- Acceptance rate (Full-time MBA): 30% to 35% (estimated)
- Intakes: Fall (August) primary; Round 2 (international recommended) closes 5 January 2027
- Full-time MBA tuition (non-resident 2026-27): USD 55,695 per year (INR 53.34 lakh)
- Median MBA base salary: USD 145,000 (INR 138.85 lakh) — market median
Also Check: MS Universities in USA
Merit fellowships from USD 10,000 up to full tuition cover more than half of admitted Kelley students, and two-year Dean’s Fellowships plus graduate assistantships at USA universities add further relief. Indian graduates on STEM-designated MS tracks qualify for the 36-month OPT visa extension after degree completion. Applicants budget the published cost of attendance of USD 84,129 (INR 80.57 lakh) for the 2026-27 MBA academic year.
Exchange rate used: 1 USD = INR 95.76 as of August 2026
Admission Status: Open (Fall 2027 intake). Round 1 closed on 15 October 2026, and Round 2 (the recommended round for international applicants) closes 5 January 2027. Kelley School of Business runs four MBA rounds through 15 April 2027, with the programme starting in August 2027.
Table of Contents
- Popular Courses and Fees at Kelley School of Business 2027
- Kelley School of Business Admission 2027
- Kelley School of Business Admission Requirements for Indian Applicants 2027
- Kelley School of Business Acceptance Rate 2027
- Kelley Fees and Cost of Living for Indian Students 2027
- Kelley School of Business Campus, Facilities and Student Life
- Kelley School of Business Scholarships 2027
- Kelley School of Business Rankings 2027
- Kelley School of Business Placements and Career Outcomes 2027
- Kelley School of Business vs Peer Universities
- Kelley School of Business FAQs
Popular Courses and Fees at Kelley School of Business 2027
Kelley School of Business prices graduate programmes on a per-year non-resident tuition basis. The Full-time MBA runs two years; the specialised MS programmes run 10 to 15 months and are one-year tuition anchors for Indian applicants comparing costs.
Kelley School of Business PG Courses and Fees 2027
Total MBA fee below equals two years of the 2026-27 non-resident tuition; MS totals reflect a single academic year at the published rate.
| Program | Total fee (USD) | Total fee (INR lakh) | Entry requirement |
|---|---|---|---|
| Full-time MBA (2 years) | 111,390 | 106.68 lakh | Bachelor’s with 55% or CGPA 5.5/10 (recommended); 2+ years work experience |
| MS in Information Systems (STEM) | 45,436 | 43.51 lakh | Bachelor’s with 55% or CGPA 5.5/10 (recommended); STEM background preferred |
| MS in Accounting with Data and Analytics (STEM) | from 45,000 (confirm on the official fee schedule) | from 43.09 lakh | Bachelor’s with 60% or CGPA 6.0/10 (recommended); accounting coursework |
| MS in Finance (STEM) | from 45,000 (confirm on the official fee schedule) | from 43.09 lakh | Bachelor’s with 60% or CGPA 6.0/10 (recommended); quantitative background |
| MS in Management | from 45,000 (confirm on the official fee schedule) | from 43.09 lakh | Bachelor’s with 55% or CGPA 5.5/10 (recommended); non-business degree only |
| Kelley Direct Online MBA | from 74,520 (confirm on the official fee schedule) | from 71.36 lakh | Bachelor’s with 55% or CGPA 5.5/10 (recommended); 2+ years work experience |
Kelley School of Business UG Programme at Indiana University Bloomington
Kelley’s undergraduate business degree is administered through Indiana University Bloomington; direct freshman admission is competitive for Indian applicants applying with Class 12 results.
| Program | Total fee (USD) | Total fee (INR lakh) | Entry requirement |
|---|---|---|---|
| BSB (Bachelor of Science in Business, 4 years) | from 160,000 (confirm on the official fee schedule) | from 153.22 lakh | Class 12 with 80% or above (recommended) |
Insider note: Indian applicants overwhelmingly choose the MS Information Systems and the Full-time MBA at Kelley School of Business. Both carry STEM designation and clean 3-year OPT eligibility, which drives the shortlist in most India-facing counselling conversations.
Read More: Kelley School of Business Fees and Cost of Living Guide
Kelley School of Business Admission 2027
Kelley School of Business admits into Fall (August) each year across four MBA rounds and four MS rounds, with the second round marked as the recommended deadline for international applicants.
Kelley School of Business MBA Admission Dates 2027
The table below lists Fall 2027 MBA rounds for international applicants, taken from the Kelley international admissions page.
| Milestone | Date | Notes for Indian Applicants |
|---|---|---|
| Round 1 deadline (MBA) | 15 October 2026 | Closed; early scholarship visibility round |
| Round 2 deadline (MBA, international recommended) | 5 January 2027 | Primary Indian-applicant round for full merit consideration |
| Round 3 deadline (MBA) | 1 March 2027 | Slim visa runway; recommend WES verification already complete |
| Round 4 deadline (MBA) | 15 April 2027 | Final round; scholarship pool depleted; use only if necessary |
| Programme start | August 2027 | On-campus orientation in Bloomington |
Kelley School of Business MS Admission Dates 2027
MS rounds close about two weeks ahead of the corresponding MBA rounds, and Round 2 is the recommended international deadline for MS programmes as well.
| Milestone | Date | Notes for Indian Applicants |
|---|---|---|
| Round 1 deadline (MS) | 1 October 2026 | Closed; strongest scholarship round |
| Round 2 deadline (MS, international recommended) | 1 December 2026 | Closing Soon; primary Indian round for MSIS, MSF, MSADA |
| Round 3 deadline (MS) | 1 February 2027 | Tight visa timeline; keep credentials ready |
| Round 4 deadline (MS) | 1 March 2027 | Rolling review only if seats remain |
Planning note: Book WES credential verification at least six weeks before the recommended Round 2 date. Indian transcripts routinely take four to five weeks to clear WES, and Kelley School of Business does not review incomplete files.
Read More: Kelley School of Business Admissions Guide for Indian Students
Kelley School of Business Admission Requirements for Indian Applicants 2027
Kelley School of Business admission requirements for Indian applicants centre on academic percentile, English proficiency, and, for the MBA, professional work experience.
Postgraduate (MBA and MS) Requirements
- Academic: Four-year bachelor’s degree with 55% or CGPA 5.5/10 (recommended) for MBA and MS in Management; 60% or CGPA 6.0/10 (recommended) for MSF, MSIS, and MSADA
- English test minimums: IELTS 7.0 overall, TOEFL iBT 100, or Duolingo English Test 130 (verify component minimums at the official international applicants page)
- Credential verification: Third-party evaluation through WES or equivalent, submitted before the round deadline
- Work experience (MBA only): Two or more years of full-time work; GMAT or GRE required unless waived
Undergraduate Requirements
- Academic: Class 12 completion with 80% or above (recommended) from CBSE, ICSE, or a State Board
- English test minimums: IELTS 6.5 overall or TOEFL iBT 80
Key insight: Indian applicants qualify for an IELTS or TOEFL waiver if their prior degree was taught fully in English. Kelley School of Business grants this waiver automatically, but the transcript must state the medium of instruction on the official document.
Kelley School of Business Acceptance Rate 2027
Kelley School of Business does not publish an official acceptance rate for the Full-time MBA or MS programmes. Third-party analyses of admissions data estimate the MBA acceptance rate at 30% to 35% (estimated), with MS in Information Systems tracking a similar band. Treat any single figure as directional rather than precise.
Reality check: Kelley School of Business admissions read Indian applications holistically. GMAT 680 with 3-plus years of work experience and a coherent post-MBA story converts more often than a GMAT 720 profile with weak essays or generic career goals.
Read More: Kelley School of Business Overview
Kelley Fees and Cost of Living for Indian Students 2027
Total annual cost at Kelley School of Business for a Full-time MBA sits at USD 84,129 (INR 80.57 lakh) as the published 2026-27 cost of attendance, combining non-resident tuition with living, books, and health insurance.
Kelley Tuition Fees for Indian Students 2027
Non-resident tuition below is the published rate for 2026-27; Kelley School of Business revises annually with a typical 3% to 4% escalation.
| Programme | Annual Tuition (USD) | Annual Tuition (INR lakh) |
|---|---|---|
| Full-time MBA (non-resident) | 55,695 | 53.34 lakh |
| MS in Information Systems | 45,436 | 43.51 lakh |
| Other MS programmes (MSF, MSADA, MSM) | from 45,000 (confirm on the official fee schedule) | from 43.09 lakh |
| BSB Undergraduate (non-resident) | from 40,000 (confirm on the official fee schedule) | from 38.30 lakh |
[Source: Kelley School of Business official cost of attendance 2026-27]
Monthly Cost of Living in Bloomington for Indian Students
Bloomington is a mid-cost US college town; monthly outflow for a single Kelley graduate student ranges between USD 1,320 and USD 2,330 depending on housing choice.
| Category | Monthly (USD) | Monthly (INR) |
|---|---|---|
| Accommodation (off-campus, shared) | 700 to 1,200 | 67,000 to 1,14,900 |
| Food and groceries | 250 to 400 | 23,900 to 38,300 |
| Transportation | 20 to 50 | 1,900 to 4,790 |
| Books and supplies | 50 to 100 | 4,790 to 9,580 |
| Personal and utilities | 200 to 400 | 19,150 to 38,300 |
| Total (monthly) | 1,320 to 2,330 (estimated) | 1.26 to 2.23 lakh (estimated) |
| Total (annual, 9-month academic) | 11,880 to 20,970 (estimated) | 11.38 to 20.08 lakh (estimated) |
[Source: RentCafe Bloomington 2026 and university housing guidance]
Insider note: Sharing a two-bedroom apartment within a 20-minute walk of the Kelley building drops accommodation to around USD 700 per person. Signing a summer-start lease in June instead of August also improves inventory and rent for Indian arrivals.
Read More: Study in USA Guide for Indian Students
Kelley School of Business Campus, Facilities and Student Life
Kelley School of Business occupies a modern academic building on the north side of the Indiana University Bloomington campus, a walkable 10 minutes from central Bloomington.
- Location and transport: Bloomington is served by Indianapolis International Airport, 90 km north; campus buses connect Kelley to student housing and the town square
- Housing: Most graduate students live off-campus in shared apartments; on-campus housing is guaranteed to first-year international undergraduates only
- Facilities: The Godfrey Graduate and Executive Education Center houses MBA classrooms, career services, and the Business/SPEA Library
- Indian community: Kelley’s active Indian Business Association (IBA) hosts Diwali night, cricket, and industry mixers; the wider IU Bloomington campus has a Hindu temple within cycling distance
What Indian students say: Kelley School of Business is described as academically demanding but genuinely collegial, with faculty accessible outside office hours. Indian cohorts also flag Bloomington’s lower cost base as a real advantage over coastal MBA cities for post-graduation savings.
Kelley School of Business Scholarships 2027
Kelley School of Business awards merit aid to more than half of admitted Full-time MBA students; there is no separate scholarship application, and all funding is decided from the admissions file.
| Scholarship | Type | Award Value | Eligibility | Deadline |
|---|---|---|---|---|
| Kelley School of Business Merit Fellowship | Merit | USD 10,000 to USD 25,000 per year (INR 9.58 to 23.94 lakh) | All admitted MBA and MS applicants | Apply by Round 2 (5 January 2027 MBA / 1 December 2026 MS) |
| Dean’s Fellowship | Merit | Full tuition for two years (INR 106.68 lakh) | Exceptional MBA profile with leadership evidence | Round 1 (15 October 2026) strongly preferred |
| Graduate Assistantship | Merit + service | USD 10,350 to USD 34,150 across two years (INR 9.91 to 32.71 lakh) | ~150 MBA students per year; 5 or 12 hours weekly work | Awarded through admission process |
| Forte Fellowship | Merit + diversity | Partial to full tuition | Women admitted to Full-time MBA | Round 2 (5 January 2027) |
[Source: Kelley School of Business financial aid page]
Planning note: Merit consideration weakens sharply after Round 2. Indian applicants targeting the Kelley Merit Fellowship should aim to submit by the Round 2 international-recommended date rather than push to Round 3.
Kelley School of Business Rankings 2027
Kelley School of Business is a college within Indiana University Bloomington; QS and THE world rankings apply to the parent university, while US News Best Business Schools ranks Kelley directly. Kelley’s strongest edition-anchored result is the Kelley Direct Online MBA holding #1 in the US News Best Online MBA Ranking for five consecutive years.
| Ranking Body | Latest Edition | Previous Edition | Two Editions Back |
|---|---|---|---|
| US News Best Business Schools MBA (Kelley) | 2026: #21 | 2025: #22 | 2024: #25 |
| US News Best Online MBA (Kelley Direct) | 2026: #1 | 2025: #1 | 2024: #1 |
| QS Global MBA (Kelley) | 2026: #45 | 2025: Not published in edition data | NA |
| QS World (Indiana University Bloomington) | 2027: #306 | 2026: #325 | 2025: #339 |
| THE World (Indiana University Bloomington) | 2026: #198 | 2025: #175 | 2024: #155 |
| ARWU Shanghai Business Administration | 2025: #2 | 2024: #3 | 2023: #3 |
[Source: QS, THE, US News, ARWU]
Key insight: The Kelley Direct #1 US News rank matters for Indian applicants because employer recognition of Kelley in Indian recruiting is anchored to that title. It also means the Kelley brand carries weight in India far beyond the parent’s QS #306 world rank.
Read More: Kelley School of Business Rankings Analysis
Kelley School of Business Placements and Career Outcomes 2027
Kelley School of Business reports one of the strongest job-offer rates among top-25 US MBA programmes, driven by consulting, brand marketing, and finance recruiting on campus.
- Job-offer rate (Full-time MBA): 93% of graduates had offers within 90 days of graduation (2024-25 employment report)
- Median base salary: USD 145,000 (INR 138.85 lakh)
- Mean total first-year compensation: USD 168,000 (INR 160.87 lakh)
- Top recruiter sectors: Consulting (30%), marketing and CPG (25%), finance (20%), tech (10%); recruiters include Deloitte, Accenture, EY, KPMG, McKinsey, BCG, P&G, General Mills, Amazon, and Samsung
- Careers support: Kelley Graduate Career Services runs mandatory career workshops in year one plus dedicated Indian-alumni outreach; the 3-year OPT extension on STEM MS degrees widens the US work window
Insider note: Kelley School of Business is a marketing and brand-management calling card in the US. Indian graduates targeting P&G, General Mills, or Amazon brand roles convert well from Kelley precisely because these firms recruit here on-cycle rather than as walk-ins.
Kelley School of Business vs Peer Universities
Peer comparison uses US Best Business Schools rank (US News 2026) and annual non-resident MBA tuition; peers are the closest publics and mid-tier privates that Indian applicants routinely compare against Kelley.
| University | US News MBA 2026 | Annual MBA Tuition (USD) | Annual MBA Tuition (INR lakh) | Differentiator |
|---|---|---|---|---|
| Kelley School of Business (Indiana) | #21 | 55,695 | 53.34 lakh | Best online MBA in the US; deep marketing recruiting |
| Ross School of Business (Michigan) | #7 | 77,880 (estimated) | 74.58 lakh (estimated) | Stronger consulting brand; higher fee band |
| Foster School of Business (Washington) | #22 | 65,880 (estimated) | 63.09 lakh (estimated) | Seattle tech pipeline; Amazon and Microsoft feeder |
| Fisher College of Business (Ohio State) | #33 | 48,540 (estimated) | 46.48 lakh (estimated) | Lower fees; regional Midwest recruiting |
| Daniels School (Purdue) | #48 | 44,500 (estimated) | 42.61 lakh (estimated) | STEM-heavy; supply chain and analytics depth |
Kelley School of Business stands out on merit-aid depth: more than half of every MBA class receives funding, a rate few peers in the #20 to #35 band match. The parallel #1 Kelley Direct Online MBA also gives working Indian professionals a credible remote-first alternative that Ross, Foster, and Fisher do not offer at the same rank.
Kelley School of Business is for Indian applicants who want a top-25 US MBA at a Midwest fee base, with strong consulting and marketing recruiting and predictable merit aid. Full-time MBA investment of INR 106.68 lakh over two years, against a market median USD 145,000 salary, gives a payback profile that outperforms most #20-plus US peers on ROI. Kelley Direct also gives a credible remote pathway on a US student visa exemption basis for working professionals.
Kelley is not the right fit for candidates chasing hardcore quantitative finance placements or a top-10 name for Indian family signalling; Ross School of Business at Michigan is the honest alternative in that scenario.
Kelley School of Business FAQs
Ques. What is the application fee for Kelley School of Business for Indian applicants?
Ans. Kelley School of Business charges USD 75 (INR 7,182) for graduate applications and USD 65 (INR 6,224) for undergraduate applications. Payment is made in the online application portal via international card. The fee is non-refundable and is not waived for Indian applicants by default. Fee waivers are limited to specific service or scholarship pathways such as Forte Foundation members for the Full-time MBA.
Ques. Does Kelley waive the GMAT or GRE for Indian MBA applicants?
Ans. Yes, Kelley School of Business grants GMAT and GRE waivers to Indian applicants with a strong quantitative undergraduate transcript and five or more years of managerial work experience. The waiver is not automatic and must be requested through the application portal with supporting evidence. Applicants without a waiver should target GMAT 680 or above to match the median admitted score for the Full-time MBA.
Ques. Can Indian students work part-time during their Kelley programme?
Ans. F-1 visa holders at Kelley School of Business can work up to 20 hours per week on-campus during term and 40 hours in breaks. Off-campus work requires Curricular Practical Training authorisation, which typically opens after the first two semesters. Graduate assistantships within Kelley count as approved on-campus work and pay a monthly stipend on top of partial fee remission.
Ques. Which Indian banks offer education loans for Kelley School of Business?
Ans. State Bank of India, HDFC Credila, ICICI Bank, Axis Bank, and Bank of Baroda recognise Kelley as a listed premier US institution for education-loan sanction. Non-collateral loans up to INR 50 lakh are common; collateral-backed loans cover the full USD 84,129 cost of attendance. NBFC lenders including Prodigy Finance and MPOWER also finance Kelley admits without an Indian co-signer.
Ques. Is Kelley’s MS in Information Systems a STEM-designated degree?
Ans. Yes, MSIS at Kelley School of Business is STEM-designated under the CIP code for Management Information Systems. Indian graduates qualify for the standard 12-month OPT plus a 24-month STEM extension, giving 36 months of US work authorisation after graduation. The Full-time MBA, MS Finance, and MS Accounting with Data and Analytics also carry STEM designation on the same basis.
Ques. What documents are needed for Kelley credential verification from India?
Ans. Kelley School of Business requires a WES course-by-course evaluation of all Indian bachelor’s transcripts uploaded before the round deadline. Applicants also submit degree certificates, semester marksheets, and consolidated transcripts in English. If the undergraduate institution issues transcripts only in a regional language, an official English translation notarised in India must accompany the WES submission.
Ques. Are interviews mandatory for admission to Kelley’s Full-time MBA?
Ans. Yes, all admitted Full-time MBA candidates at Kelley School of Business go through an interview, conducted virtually for international applicants. Interviews are by invitation only after initial application review, and Kelley reviews about 40% of Indian applicants at this stage. The 30-minute conversation is behavioural, focused on career story, goals, and fit rather than case study.
Ques. Does Kelley School of Business accept the Duolingo English Test for Indian applicants?
Ans. Yes, Kelley School of Business accepts the Duolingo English Test for MBA and MS applicants with a minimum score of 130. The DET is a lower-cost, at-home alternative to IELTS and TOEFL and is scored within 48 hours. IELTS 7.0 and TOEFL iBT 100 remain the older accepted routes, and Kelley grants automatic waivers when the prior degree was taught in English.
Kelley School of Business Program Fees & Deadlines
| Program | Important Dates | Fees | Application Fees | Eligibility | Financial Aid |
|---|---|---|---|---|---|
MS Computer Science 2 years | INR 32.6 L/Yr USD 34,011 /Yr | 70 | GPA- 3.0/4.0, IELTS- 6.5, TOEFL- 79, Duolingo- 115 | ||
MS Data Science 2 years | Application Deadline For October 2026 Intake (1st Oct 2026) | INR 32.6 L/Yr USD 34,011 /Yr | 70 | GPA- 3.0/4.0, IELTS- 7.5, TOEFL- 100 | |
MBA 2 years | INR 53.3 L/Yr USD 55,695 /Yr | 75 | IELTS- 7.0, TOEFL iBT- 100, Duolingo-130 | ||
| INR 29.5 L/Yr USD 30,792 /Yr | 70 | GPA: 3.0, IELTS: 6.5, TOEFL iBT: 79, Duolingo:110 | |||
MS Information System 2 years | Priority Application Deadline for 2027 Intake (1st Nov 2026) Standard Application Deadline for 2027 Intake (15th Jan 2027) | INR 46 L/Yr USD 48,015 /Yr | 75 | IELTS- 7.0, TOEFL iBT- 100, Duolingo-130 | |
M.S Informatics 2 years | INR 26 L/Yr USD 27,113 /Yr | - | Duolingo-110 | - | |
MBA Finance 2 years | INR 53.3 L/Yr USD 55,695 /Yr | 75 | IELTS- 7.0, TOEFL iBT- 100, Duolingo-130 | ||
Application Deadline For Spring 2027 Intake (1st Sep 2026) | INR 29.9 L/Yr USD 31,184 /Yr | 70 | GPA- 3.0, IELTS- 7.0, TOEFL iBT- 100, Duolingo-130 | ||
MA Computational Linguistics 2 years | Application Deadline For Fall 2027 Intake (1st Dec 2026) | INR 26.1 L/Yr USD 27,271 /Yr | 70 | IELTS: 7.0, TOEFL iBT: 92 | |
M.Sc Geological Sciences 1 year | INR 26.1 L/Yr USD 27,271 /Yr | 70 | GPA: 3.0, IELTS: 6.5, TOEFL iBT: 79, Duolingo-110 |
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Important Alerts
| Events | Dates |
|---|---|
| Intelligent Systems Engineering Application Deadline For Spring 2027 Intake | Closing in 3 days |
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Kelley School of Business comparison
| University Name | Kelley School of Business | Stern School of Business | The Fuqua School of Business | Ross School of Business | McCombs School of Business |
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| CollegeDunia Reviews | - | 7.7/10 Read 1 reviews | - | - | - |
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Kelley School of Business Scholarships
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| FINCAD Women in Finance Scholarship | Scholarship per student₹ 19.1 L/Yr$20,000 | Level Of StudyMaster | TypeMerit-Based | |
| Jane M. Klausman Women in Business Scholarship | Scholarship per student₹ 4.8 L/Yr$5,000 | Level Of StudyBachelor | TypeMerit-Based | |
| The Google Lime Scholarship | Scholarship per student₹ 9.6 L/Yr$10,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Ritchie-Jennings Memorial Scholarship Program | Scholarship per student₹ 9.6 L/Yr$10,000 | Level Of StudyBachelor | TypeMerit-Based | |
| Axol Science Scholarship | Scholarship per student₹ 1.9 L/Yr$2,000 | Level Of StudyBachelor | TypeCompany-Sponsored | |
| VueVille Future Technology Scholarship | Scholarship per student₹ 95,740/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based |
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Kelley School of Business Admissions
Application Portal: https://kelley.iu.edu/
Attendance Cost
The table shows average yearly cost of attendance for international students. Amount may vary with the course opted, nature of accommodation, and personal spending habits of a candidate.Check Program wise Fees
Kelley School of Business Accreditations
Faculty
| Total Faculty | Full Time | Part Time | Graduate Assistants |
|---|---|---|---|
| 371 | - | - | - |
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