Campus: Indianapolis, Indiana
Base Program Cost: $58,395
Per Credit Hour: $1,145
Minimum Credit Hours: 51
GMAT Required: Yes
Minimum Time Commitment: 24 months
Online Concentrations: Generalist/Electives
On Campus Requirements: No
Indiana University is a leading research and teaching university located in Bloomington. Credited as being one of the best values in public education by Kiplinger’s, this public university also offers associate, bachelor’s and master’s degrees online. The university provides a rigorous online MBA education as part of the Kelley School of Business, which has been ranked 19th in the country by Bloomberg Businessweek and 23rd overall by U.S. News & World Report. All online MBA students receive the same quality business education as on-campus Kelley students. Kelley was the first top-20 business school to offer online degrees.
Indiana University is accredited by the North Central Association of Colleges and Schools through The Higher Learning Commission. The university has held accreditation since 1913. The North Central Association of Colleges and Schools was founded in 1895 as one of six regional institutional accreditors in the United States and is a reputable and reliable source for the evaluation of academic standards of institutions of higher learning in the U.S. The Kelley School of Business at Indiana University is accredited by The Association to Advance Collegiate Schools of Business.
The MBA program through Kelley Direct focuses on general business administration, business law and ethics, economics, marketing, finance, operations, information technology and project management. There are no specific concentrations within the degree program, but all students will take required courses and nine electives of their choice to tailor the program to their interests and goals. Required courses for all students in the MBA program include Quantitative Analysis; Managing Accounting Information for Decision-Making; Information Technology; Economics for Managers; Strategic Management and Business Planning; The U.S. in a Global Economy; Developing Strategic Capabilities; and Operations Management. Some examples of electives are Cross Cultural Management and Sustainable Operations. Kelley has also partnered with companies such as General Motors and Cummins International to create customized industry programs.
Students in the Kelley MBA program are able to engage in a rigorous academic program on a flexible schedule that can be tailored to their lifestyle. All students keep up with lectures and course materials on their own timetable from any location that has Internet access. Students participate in class discussion online, and professors are available anytime to answer questions through email. Most questions and answers take place in online forums between the students or via live chat. All online MBA students will benefit from the high caliber of teaching inherent in a Kelley education. In fact, Kelley professors were given a grade of “A” in teaching quality by Bloomberg Businessweek in 2010.
All applicants for admission into the MBA program at the Kelley School of Business will be considered based on their academic record, GMAT scores, work experience, leadership abilities, two letters of recommendation, personal statement, academic and proficiency prerequisites and English proficiency. Students must have one college-level accounting and one college-level statistics course with grades of B or above. The College Navigator reports that undergraduate students at Indiana University have a 69 percent undergraduate rate.
Tuition and Financial Aid
Tuition for the Kelley Direct MBA program was $1,145 per credit hour for the 2012-13 academic year. The program consists of 51 credits, so this comes to a total of about $58,395 for the entire program. Students should also factor in about $100 per term for course materials. All Indiana University students are encouraged to apply for federal financial aid by filling out a FAFSA. Students may be eligible for federal aid such as Stafford Loans, PLUS Loans and Pell Grants. Fifty-two percent of Indiana University undergraduate students receive some form of aid.
**Tuition data was compiled in 2013 from each school’s website, but costs may vary from student to student. Contact the school directly for more accurate tuition information.
Why Indiana University?
Kelley received a rating of A+ for undergraduate job placement from Business Week in 2007 and 2008. Through the online MBA program, working professionals have the opportunity to engage in a rigorous and motivating business education while keeping up with their other responsibilities. The program is flexible and can be completed in as little as two years or as many as five, depending on the student’s preference. Undergraduate students at Indiana University have a retention rate of 89 percent and a graduation rate of 73 percent.
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