Tuition and Financial Aid

2022-2023 Tuition Expenses
Indiana ResidentNon-resident/International*
Tuition / Credit Hour Fees (31.5 credits**)$22,824$43,427
Mandatory Fees$1,979$1,979
Program Fees$1,212$1,212
Financial Modeling Session Fee$175$175
Subtotals: Academic Year$26,190$46,794

*Additional International student fees apply.

**Includes Summer Finance Core A.

Tuition is subject to change every academic year. Visit the Indiana University Tuition & Fees website for the latest updates.

The Business Foundations boot camp may be required. Please complete the pre-application advising form to talk with MSF program staff to determine if Business Foundations is required. Learn more about Business Foundations on the curriculum page.
Summer 2023 MSF JumpstartIndiana ResidentNon-resident/International*
BUS-X545 Business Foundations (6 credits)$4,347$8,272
Subtotal Including Summer Jumpstart$30,537$55,066

* Additional International student fees apply.

** Additional Mandatory and Program fees apply.

Kelley MS in Finance admits are required to pay an enrollment deposit of $500 to secure a seat 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 five or twelve 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. 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.

A limited number of merit-based fellowships are awarded to entering students as departmental aid. All admitted students are considered for fellowships—there is no separate application. If awarded a fellowship, it will be included in your admission letter. The amount of the award and the number of awards vary each year, and the fellowships cover a portion of tuition costs.

Return on investment

Your investment in a Kelley School of Business education will offer great returns, delivering skills to advance your career from day one. Our tuition rates are competitive—and exceptional candidates may qualify for merit-based financial aid.

Join the next MS in Finance class at Kelley


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