The Indiana University Kelley School of Business offers a well-established and multifaceted MBA portfolio, centered on its Full-Time +Flex MBA and Kelley Direct Online MBA options. The Full-Time +Flex MBA blends a traditional, immersive first year on campus in Bloomington with the flexibility in year two to remain on campus or continue coursework online through Kelley Direct. Its integrated core curriculum gives students grounding across functions (finance, marketing, operations, strategy, etc.), followed by specialization via majors, minors, or certificates; five of the available majors carry STEM designation. The program also structures students into “Academies” during their first year to help orient career focus and networking.
On the admissions side, Kelley seeks applicants with strong academic potential (undergraduate GPA, GRE/GMAT) as well as professional experience and leadership promise. The incoming Full-Time +Flex class of 2026 comprises about 103 students; 100% have full-time work experience, with an average of ~6.3 years. The typical undergraduate GPA is ~3.40, and the average GMAT is ~683 (or GRE equivalent) for that cohort.
In terms of outcomes, Kelley reports strong placement and compensation metrics. Graduates often accept roles across consulting, finance, technology, and consumer packaged goods, among others. Median base salary for full-time MBA hires is $129,000 (with a reported range down to ~$70,000 and up to ~$205,000) in recent class statistics. The program emphasizes an ROI narrative, citing lower cost of living in Bloomington and merit aid to help manage overall cost.
Kelley’s Kelley Direct Online MBA offers another pathway, targeting working professionals. It is delivered by full-time faculty (not outsourced), includes optional in-person immersions, offers flexibility in pacing, and integrates a 50/50 split between core and elective coursework. The online program has earned recognition and favorable rankings in national surveys.
Overall, the Kelley MBA ecosystem provides a balance of academic rigor, professional development, and flexibility. Its distinguishing features lie in that hybrid “+Flex” option, relatively affordable living environment, and outcomes track record. As with any program, candidates should compare fit, cost, curricular details, and network strength relative to their personal goals.
- Full Time Tuition: $55,622 Per Year
- Post-Grad Employment Rate: Not Available
Degrees Offered
Customize your MBA experience with one of seven majors:
- Business Analytics (STEM-designated)
- Entrepreneurship and Corporate Innovation
- Finance (STEM-designated)
- Strategy and Leadership
- Marketing (STEM-designated)
- Strategic Analysis of Accounting Information (STEM-designated)
- Supply Chain and Operations (STEM-designated)
The Kelley Direct Online MBA offers the following majors:
- Business Analytics
- Digital Technology Management
- Entrepreneurship & Corporate Innovation
- Finance
- Marketing
- Strategy & Leadership
- Supply Chain & Operations
In addition, you can elevate your online MBA with a dual degree:
- MBA + MS in Business Analytics
- MBA + MS in Finance
- MBA + MS in Entrepreneurship & Corporate Innovation
- MBA + MS in Strategic Management
Kelley Direct Online MBA
Are you divided into cohorts? Yes
- Tuition: $94,944.42
- Fees: $2,000
Get a #1–ranked program at a cost you can afford. Because this program is completely run by the Kelley School of Business, online MBA students get the same quality and rigor of the in-person programs. And since the school is not paying hefty fees to a third-party online program manager, they are also able to keep tuition costs well below those of our peers. This means you’ll get an affordable online MBA that doesn’t cut corners.
Can you do a joint degree while at the school? Ex: MBA/MD between HBS and Harvard Medical School: Yes