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Kelley School of Business

Coordinates: 39°10′20″N 86°31′06″W / 39.17218°N 86.51843°W / 39.17218; -86.51843
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39°10′20″N 86°31′06″W / 39.17218°N 86.51843°W / 39.17218; -86.51843

Indiana University
Kelley School of Business
MottoOne School.
Endless Possibilities.
Established1920
DeanIdalene Kesner (Interim Dean)
Students5,480 (Bloomington, 2009).
1,950 (Indianapolis, 2009)
Undergraduates4,710 (Bloomington, 2009).
1,200 (Indianapolis, 2009)
Postgraduates770 (Bloomington, 2009).
750 (Indianapolis, 2009)
Location, ,
AffiliationsIndiana University
Websitekelley.indiana.edu
File:Kelleylogo full.gif

The Kelley School of Business is a top-ranked American business school operated by Indiana University in the United States. 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, 1,300 students study for graduate degrees through the school's online program "Kelley Direct".[1]

Kelley has historically been ranked as one of the top business schools in the country by BusinessWeek, U.S. News & World Report, The Economist Intelligence Unit, and other business news outlets. The entrepreneurship program has recently been ranked #1 in the nation by BusinessWeek. Alumni from the Kelley school hold leadership positions in for-profit, nonprofit, governmental, and academic institutions around the world.

History

Kelley School of Business, Bloomington

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.[2]

Rankings

Business School
International Rankings
U.S. MBA Ranking
Bloomberg (2024)[3]15
U.S. News & World Report (2024)[4]22

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 15th for the Master of Business Administration (MBA) program by Business Week in 2012;[5] it was ranked fifth for regional MBA programs by the Wall Street Journal in 2007.

Bloomberg Businessweek ranked its full-time MBA program at #15 in the 2012 edition (acceptance rate of 39% with average GMAT of 671), and at #4 among all public universities.[5] 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.[6]

In 2010, U.S. News ranked these undergraduate programs in the top 10 in the nation:

  • Accounting: 6th
  • Entrepreneurship: 4th
  • Finance: 9th
  • Management: 5th
  • Management Information Systems: 10th
  • Marketing: 9th
  • Production/Operations Management: 9th
  • Quantitative Analysis: 8th
  • Supply Chain: 10th
  • Real Estate: 7th

In the 2010 QS Global 200 Business Schools Report[7] the school was indexed as the 24th best business school in North America.

Academics

The Business/SPEA Information Commons on the Bloomington campus serves the research and study needs of students and faculty of both the School of Business and the School of Public and Environmental Affairs.

The Godfrey Graduate and Executive Education Center

The Godfrey Center

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, Kelley Direct, 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.

Hodge Hall Undergraduate Center

In spring of 2012, the Undergraduate Building was named Hodge Hall and construction started on a $60 million project to update the undergraduate facility used since 1966.[9] During the initial construction, an additional 90,000 sq ft (8,400 m2) of space will wrap around the existing building and include new classrooms, meeting rooms, collaboration space, and a student commons. In phase two, the existing building will be renovated. The expected completion date is Fall 2014.

Recruitment

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.[10]

A number of Fortune 500 companies regularly recruit and hire students directly from the Kelley School's undergraduate and MBA programs. These companies make bi-annual recruitment visits to Kelley's Bloomington and Indianapolis campuses in order to conduct interviews and network with students.[11]

Notable alumni

Notable faculty

  • Jack Wentworth, past dean
  • Dan Dalton, past dean
  • Wayne Winston, Operations and Decision Technologies
  • Neil Morgan, Marketing
  • Raymond R. Burke, Marketing
  • Shelli Yoder, visiting lecturer, former Democratic Party nominee for U.S. Congress
  • Martin McCrory, Law, never lost a case in Washington D.C.

References

  1. ^ http://kelley.iu.edu/kd/
  2. ^ [1]
  3. ^ "Best B-Schools". Bloomberg Businessweek.
  4. ^ "2023 Best Business Schools Rankings". U.S. News & World Report.
  5. ^ a b http://www.businessweek.com/bschools/rankings/
  6. ^ http://kelley.iu.edu/about/urankings.html
  7. ^ "QS Global 200 Business Schools Report 2010, North America".
  8. ^ http://www.kelley.iu.edu/gap/
  9. ^ "Kelley School of Business undergraduate building renamed". Indiana Daily Student. 5 April 2012. Retrieved 30 October 2012.
  10. ^ http://www.kelley.indiana.edu/careers/index.html
  11. ^ https://ucso.indiana.edu/cgi-bin/ReportCenter/TopCompaniesHiring.cfm
  12. ^ a b c d e f g h i j k l m http://kelley.iu.edu/about/welcome.html
  13. ^ http://www.kelley.iu.edu/alumni/Awards/

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