| Indiana University Kelley School of Business |
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|---|---|
| Motto | One School. Endless Possibilities. |
| Established | 1920 |
| Dean | Daniel C. Smith |
| Students | 5,480 (Bloomington, 2009). 1,950 (Indianapolis, 2009) |
| Undergraduates | 4,710 (Bloomington, 2009). 1,200 (Indianapolis, 2009) |
| Postgraduates | 770 (Bloomington, 2009). 750 (Indianapolis, 2009) |
| Location | Bloomington & Indianapolis, Indiana, USA |
| Affiliations | Indiana University |
| Website | kelley.indiana.edu |
The Kelley School of Business is a top-ranked American business school operated by Indiana University. As of 2009, approximately 5,500 full-time students are enrolled on its Bloomington campus, as well as 1,750 students at the Indianapolis campus. In addition, 1,050 students study for graduate degrees through the school's distance-learning program "Kelley Direct".
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The Kelley School of Business attracts top tier students from around the world and is one of only three in the nation for which all undergraduate and graduate programs rank in the top 20 of the US News & World Report college rankings. Kelley was ranked 10th, tied with Cornell University, for its Undergraduate Business Program according to US News & World Report. Kelley was ranked 18th for its undergraduate B.S. program in business by Bloomberg Businessweek in their 2011 rankings and 19th for the Master of Business Administration (MBA) program by Business Week in 2011[1]; it was ranked fifth for regional MBA programs by the Wall Street Journal in 2007.
Bloomberg Businessweek ranked its full-time MBA program at #19 in the 2011 edition (acceptance rate of 31% with average GMAT of 664), and at #6 among all public universities. Its top-ranked MBA program for full-time residential students has been cited in Business Week as one of the favorites of corporate recruiters looking for general managers, marketing talent, and finance graduates.
Other definitive publications, including The Princeton Review and Money, have recognized various Kelley programs as among the best. Teaching quality in core classes has been ranked #1 in the nation by both the Princeton Review and Business Week in their latest issues. The school's doctoral program has contributed to overall teaching and research excellence by sending more than 1,000 doctoral graduates to key positions in industry and academe. Most recently, Kelley's undergraduate school was ranked 10th in the nation by Business Week, and 4th among all public business schools. The entrepreneurship program was ranked #1 in the nation among public business schools in the same report.[2]
In 2010, U.S. News ranked these undergraduate programs in the top 10 in the nation:
In the 2010 QS Global 200 Business Schools Report[3] the school was indexed as the 24th best business school in North America.
The School was established as "School of Commerce and Finance" of Indiana University in 1920. It was subsequently renamed "School of Business Administration" in 1933 and "School of Business" in 1938. In 1997 it was named "Kelley School of Business" after its alumnus, E.W. Kelley, Chairman of The Steak n Shake Company, gave a substantial donation of $23 million.
Initially it resided in the Commerce Building constructed in 1923 (William A. Rawles Hall since 1971), moving to the Business and Economics Building in 1940 (called Woodburn Hall since 1971) and finally to today's Business School building in 1966.
Completed in 2003, the $33 million Graduate and Executive Education Center provides state-of-the-art learning facilities to the Kelley School's graduate and executive education students and houses some of the nation's top-ranked programs and research centers. Featuring elegant limestone and oak architecture, the building provides students and faculty with every imaginable technological advantage and connects with the undergraduate facilities via a two-story limestone walkway.
In the Summer of 2005 interim Dean Dan Smith was appointed to be the new dean of the school, replacing Dean Dan Dalton who stepped down in 2004.
In a ceremony on October 21, 2005, the Kelley School renamed its Graduate and Executive Education Center in honor of William J. Godfrey, an alumnus and successful businessman who has bequeathed land valued at $25 million. It is the single largest gift in the Kelley School's history. [1]
Key Admission Stats – Kelley MBA: (class of 2011)
Applicants accepted to most recent class - 31%
Applicants who interviewed - 66%
Admitted applicants who enrolled - 49%
Class size - 227
Median GMAT - 664
Mid 80% GMAT Range - 590-730
Avg. undergrad GPA - 3.34
International students - 26%
Women - 34%
Avg. age - 28
Avg. work experience - 5
% of students receiving financial assistance from school - 95%
The Kelley school of business MBA program emphasizes individualized attention and guidance, helping students decide on their career path, familiarizing them with their chosen area, and connecting them with a network. This is done through the Academy system, which provides many resources in your chosen area, and pairs you with a professor who is an expert in that field. [2].
Admission requirements include GMAT score, TOEFL or IELTS score for international applicants, two letters of reference, official academic records and complete application including essays. There are 4 application deadlines.
The Godfrey center has 180,000 sq ft (17,000 m2) of classroom and office space for use by graduate students, corporate recruiters, executive visitors and administrators. It houses administrative offices for the Master of Business Administration program, Kelley Executive Partners, the Johnson Center for Entrepreneurship and Innovation, and graduate accounting programs.
The Kelley School renamed its Graduate and Executive Education Center in honor of William J. Godfrey, an alumnus and successful businessman who has bequeathed land valued at $25 million.
The building features classrooms and other facilities that maximize student-faculty interaction in a collaborative setting. The most wired building on the Bloomington campus, it features both direct and wireless connectivity that will help students both inside and outside the classroom. Other special features include a trading room, which includes informational resources comparable to most Wall Street firms, allowing students and faculty to monitor the markets, develop financial products, and engage into trading activities with other counterparties. The Princeton Review recently ranked Kelley's quality of facilities as #2 in the nation.
On August 14, the IU Trustees approved the architectural design of an undergraduate expansion/renovation project.
The Schematic Design phase is complete and BSA LifeStructures, in tandem with the IU Project Team, is now knee-deep into Design Development. The charge is to secure the remaining private support for Phase 1 (the expansion) in order to meet the proposed construction target of the summer of 2010, concurrent with Phase 2’s (the renovation) design launch.
Once Phase 1 is complete, the existing Kelley undergraduate population will inhabit the new space, thereby enabling the construction team to renovate the existing facility, floor by floor.
The expansion will be four-levels – comparable to its neighbors. Its primary facades will face 10th Street and Fee Lane. The “L-Shaped” plans will wrap the south and west faces of the existing structure’s “C-Wing”.
Another building related to the Kelley School of Business is the Kelley Living Learning Center (KLLC). The KLLC is one of IU's many interest-based living centers. It is a community of Freshmen who are direct admits into the Kelley School and/or declared Business majors. The KLLC is two years old, and located in McNutt Quad. The KLLC originated in Crone dorm, but filled the Crone and Bryan buildings this past school year. This living learning community is a major attraction for top-tier students, who see an opportunity to benefit from networking opportunities. The KLLC often has alumni, speakers, and recruiters speak to the students who live in these dorms to help them integrate into the world of the Kelley School of Business as they begin their college experience.
The Kelley School considers its career services to be among the best in the country. In Business Week’s 2008 undergraduate rankings, Kelley earned an A+ for job placement based on the quality of Kelley's students and its recruitment program.[4]
A number of Fortune 500 companies regularly recruit and hire students directly from the Kelley School's Undergraduate & MBA programs. These companies make bi-annual recruitment visits to Kelley's Bloomington campus in order to conduct interviews and network with students. Below is a partial list of Kelley's top-recruiting companies for 2007-2008:[5]
IBM, Toyota, Microsoft Corporation, General Electric, Intel, Cisco Systems, Dow Chemical Co., Hitachi, Samsung, ACNielsen, Texas Instruments, PricewaterhouseCoopers, British Petroleum, Wal-Mart, Procter & Gamble, Siemens, DuPont, Target, KPMG, Caterpillar, Komatsu, Kellogg's, Nationwide, Salesforce.com, Kraft, American Airlines, Verizon, Central Intelligence Agency, Eli Lilly and Company, PepsiCo, Ernst & Young, Johnson & Johnson, Ingersoll Rand, FedEx, The Gap, Inc., General Mills, Hewlett-Packard, United Airlines, Merck, Morgan Stanley, Smith Barney, Dell, Motorola, J.P. Morgan Chase, 3M, Goldman Sachs, Deloitte, Nestle, Credit Suisse, Dick's Sporting Goods, MillerCoors, Unilever, Wells Fargo, Ingersoll-Rand, University Directories, Xilinx, UBS Investment Bank, and ExxonMobil.
Sue Carter, CFO & Executive Vice President, KBR, Inc.
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