Indiana University Online MBA

Last Updated on December 24, 2022

Online MBA programs have become an increasingly popular way to get the MBA because they are more affordable than full-time residential programs and allow students to continue working and study part time from anyplace where an Internet connection can be found. During the COVID pandemic, moreover, most bricks-and-mortar MBA programs are being delivered largely via remote instruction

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Indiana University Online MBA application

Kelley Direct Application: Phase 1

During this initial review phase of your application, our Kelley Direct admissions committee will consider your:

  • Professional background, academic credentials, and leadership experience:
    The experiences you’ve gained in your professional life will provide a foundation for our admissions team to vet your Phase 1 application. How has your career progressed? What types of leadership capabilities have you demonstrated? Do you have experience managing personnel or budgets? How did your academic background inform your career? Your Phase 1 program application and resume will give our team a feel for your professional and academic journey.

The Phase 1 application is free and takes five minutes to complete if you have a resume on hand.

Online Classes & Programs: Academics: Indiana University Bloomington


Kelley Direct Application: Phase 2

Select applicants will be invited to continue with the Phase 2 application, which includes an enrollment interview with Kelley Direct admissions staff as well as supplemental application documents that allow us to further review:

  • Academic records

In addition to your GPA from each college or university you’ve attended, we’ll also look at what you studied, your balance of “poet” (communications) to “quant” (quantitative and analytical) courses, and the overall trend of your grades.

  • GMAT/GRE scores

If you’ve taken the test more than once within the last five years, we’ll only look at your highest scores and at your quantitative and verbal score balance. We consider GMAT/GRE waiver requests for a select pool of applicants based upon criteria such as work experience, advanced degrees, or a degree from the Kelley School of Business. Learn more about test waivers on our How to Apply page.

  • Recommendations

We want to make sure Kelley is your best degree option. Your three recommenders, people who know you academically and professionally, will help us gain a complete understanding of you and your capabilities.

  • Personal statement

You are more than your test scores and GPA. This is your place to share your story, leadership experience, and career goals. You’ll also demonstrate your writing and communication style.

indiana university Direct Online MBA Program

Your goals and schedule are just that—yours. At 54 credits, the highly customizable Kelley Direct Online MBA program empowers you to tailor your focus to fit your career path. 

Best Online MBA Programs in Indiana | 2019 Online MBA Rankings

27 Credits: Core Courses

Core coursework is delivered through business fundamentals, Kelley On Campus, and three integrated course sets focusing on business foundations, key business functions, and an exploration of the future of business.

Business Fundamentals, 6 Credits

BUKD-C520Quantitative Analysis3
BUKD-C521Managing Accounting Information for Decision-Making3

Kelley On Campus, 3 Credits

BUKD-X503Topics in Directed Business Interaction1.5
BUKD-X513Topics in Business Analysis1.5

Integrated Core, 18 Credits

Core 1

BUKD-L596Law and Ethics in Business2
BUKD-G596Economics for Managers2
BUKD-Z596Leading Organization2

Core 2

BUKD-P596Operations Management2
BUKD-M596Marketing Management2
BUKD-F596Financial Management2

Core 3

BUKD-J596Strategic Management2
BUKD-S596Digital Technology and Innovation2
BUKD-X596Integrative Case Experience2

indiana university Online MBA Curriculum

The Kelley Direct Online MBA enables you to balance coursework with your career, family time, and other commitments. You’ll obtain the business knowledge you need to succeed and the in-person experiences that set you apart to employers—at a pace that fits your life and your goals.

Begin your degree at the time that’s right for you—fall or spring. Build a foundation of business concepts in your first year, and specialize your degree to align with your career interests and goals. Kelley Direct Online MBA students can take two to four years to complete their degree.

MBA/MS in Business Analytics

BUEX-C531Predictive Analytics/Data Mining3
BUEX-C533Data Warehousing and Visualization3
BUEX-C534Simulation and Optimization for Business Analytics3
BUEX-C535Developing Value through Business Analytics Applications3
BUKD-C565Thinking Strategically: Game Theory and Business Strategy3
BUKD-C527Business Econometrics3
BUKD-C528Data Predictive Analytics and Business Strategy3

Total Credits of Required Courses: 21

Note: Course schedule and term offerings subject to change.

MBA/MS in Entrepreneurship & Innovation

BUKD-N525Entrepreneurship: Theory, Process, and Practice3
BUKD-C524Strategic Entrepreneurship3
BUKD-C526Corporate Entrepreneurship and Innovation3
BUKD-N563Venture Concept Development3
BUKD-X501Venture Evolution and Ecosystems Innovation Showcase
Immersion (Indianapolis In-Residence)
BUKD-N560Velocity Experience (Silicon Valley In-Residence)3
Choose One of the Two Courses Below:
BUKD-U714International Competitive Strategy3
BUKD-X520Global Experience Course3

Total Credits of Required Courses: 21

Note: Course schedule and term offerings subject to change.
In-residence courses are mandatory in order to complete the program.

MBA/MS in Finance

BUKD-F722Managerial Accounting3
BUKD-F741Asset Pricing and Security Valuation3
BUKD-F742International Financial Management3
BUKD-F743Financial Risk Management3
BUKD-F744Financial Strategy and Corporate Restructuring3
BUKD-F745Valuation and Capital Investment3
Choose One of the Two Courses Below:
BUKD-C543Financial Analysis and Firm Valuation3
BUKD-D734Working Capital Management3

Total Credits of Required Courses: 21

Note: Course schedule and term offerings subject to change.

indiana university online mba cost

Among top-ranked online MBA programs, Kelley Direct offers one of the most affordable tuition rates. We also offer many options to help pay for your education, including scholarships, federal loans, third-party sponsorship, and military benefits.

Kelley Direct Tuition and Fees

$1,449Per credit hour
Cohorts starting fall 2021 and spring 2022
Rate locked until summer 2024

$1,521.45Per credit hour
Cohorts starting fall 2022 and spring 2023
Rate locked until summer 2025

The MBA program consists of 54 credit hours. The Master of Science degree programs consist of 30 credit hours. A dual degree consists of 66 credit hours.

indiana university online mba ranking

The online MBA program at Indiana University’s Kelley School of Business moved up to a No. 1 finish in the fourth annual ranking of the world’s best online MBA programs from

The first top-tier school to launch an online MBA program 21 years ago, Kelley has been knocking on the first-place door in each of the three previous annual rankings. The school’s Kelley Direct MBA program has ranked second twice and third once behind Carnegie Mellon University’s Tepper School of Business and the University of Southern California’s Marshall School of Business. It is also the most affordably priced of the winners at $74,520, some $37,000 less than the online MBA at USC, and about $67,000 under the hybrid online MBA at Carnegie Mellon. ranks 47 online MBA programs that represent the top 15% of the more than 350 online MBA options in the world. Here’s the top ten:

  1. Indiana University (Kelley), $74,520
  2. Carnegie Mellon University (Tepper), $141,320
  3. University of Southern California (Marshall), $111,663
  4. George Washington University, $100,883
  5. University of North Carolina at Chapel Hill (Kenan-Flagler), $125,589
  6. Lehigh University, $41,595
  7. Villanova University, $66,000
  8. Auburn University (Harbert), $35,375
  9. University of Washington (Foster), $78,000
  10. Santa Clara University (Leavey), $83,510

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