Begin planning how to fund your degree and when to submit a deposit to secure your place in the incoming class of MS in Management graduate students.
There are options available to help pay for your MSM education, including graduate assistantships, fellowships, military benefits, and federal loan options.
The MSM program requires 30 credit hours and can be completed in two semesters. Students from nonbusiness backgrounds may also be required to complete Business Foundations, a variable-credit prerequisite course (1 to 6 credit hours) offered during the summer before the program begins.
Indiana University Bloomington is a public institution with separate tuition rates for resident and nonresident students. Learn more about how residency status is determined on the University Policies website.
| Tuition expenses estimates based on 2026–27 | Indiana resident | Nonresident/international* |
|---|---|---|
| Tuition / per credit hour | $753.83 | $1,434.35 |
| Mandatory fees | $1,522.04 | $1,522.04 |
| Kelley Business Graduate Program fee | $919.02 | $919.02 |
| Estimated program tuition and fees* 30 credits; up to 36 credits with Business Foundations | $25,055.96–$29,578.94 | $45,471.56–$54,077.66 |
*Estimated total costs are based on 30 credit hours for the MSM program. Students required to complete Business Foundations will take an additional 1 to 6 credit hours, which will increase their total tuition cost.
**Additional International student fees apply.
Tuition is subject to change every academic year. Visit the Indiana University Tuition & Fees website for the latest updates.
Plan with a personalized cost estimate
In addition to tuition and fees, you’ll want to plan for housing, food, transportation, and other personal expenses while living in Bloomington.
Use the IU Cost Estimator to get a personalized estimate based on your program and student type. The estimator can help you understand your expected costs and plan your finances before billing begins.
Admitted students are required to submit a $500 USD enrollment deposit to secure their place in the entering class. The enrollment deposit is non-refundable. For students who enroll, the $500 deposit will be applied as a credit toward their first semester bursar bill.
Merit-based graduate assistantships are awarded as five-hour or twelve-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.
For Indiana University students who are graduating with an undergraduate degree from the College of Arts and Sciences, STEM-based scholarships–up to $25,000 for out-of-state students and up to $15,000 for in-state students–are available.
Need-based aid: Federal and private loans and additional scholarships.
Options for all admitted students:
Domestic students
International students