Tuition and Financial Aid

2021-2022 3/2 MBA Annual Expense BudgetIndiana
3/2 MBA Tuition$28,143$52,483
Mandatory Fees
  • Combined Mandatory Fees
  • Bus Program Fee (8 and above hrs)

* Additional international student fees apply.
Note: 3/2 MBA offers a flat rate tuition at the beginning of your program that we guarantee for two consecutive years. Visit the Indiana University Tuition & Fees website for the latest updates.

3/2 MBA admits are required to pay an enrollment deposit of $500 to secure a place in the entering class. Upon enrollment, the deposit will be deducted from the student’s first semester bursar bill. The deposit is nonrefundable. If admission is revoked because of the candidate’s inability to meet admission conditions, the enrollment deposit will be refunded.

Merit-based graduate assistantships are awarded as 5-hour or 12-hour graduate assistant (GA) positions. Students work 5 or 12 hours a week for a Kelley School department or faculty member.

All admitted students are considered for GA positions—there is no separate application.

If awarded an assistantship, you will receive notification via email. First-year 3/2 MBA students are most often awarded 5-hour assistantships, and 12-hour assistantships are awarded to second-year students. Award amounts are based upon your tuition residency status as determined by Indiana University. GAs are paid partially as a tuition waiver and partially as hourly employees for work completed each week.

Application deadlines

The 3/2 MBA program is open to Kelley undergraduates in accounting and finance. Please apply by January 15 of your junior year.


Invest in your future

More than 95% of our students have a job in their field by the time they graduate.


The Kelley advantage

By earning your BS and MBA degrees in five years, you’ll spend one less year in school than you would in a traditional MBA program, saving both time and money.