Of the 2,391 Kelley seniors who graduated between July 2022 and June 2023, 1,750 reported they were actively seeking. As of three months post-graduation, our records show 98% (of these actively seeking students) reported a full-time job or graduate school acceptance, with 76% of graduating Kelley seniors having a reported status.
Salary statistics for undergraduate business majors
As of October 1, 2023
Salary by geographic location
The Class of 2023 accepted employment offers in 33 states, the District of Columbia, and 11 countries worldwide. Data from the most popular cities can be found below.
| Location | Kelley average salary | Range |
|---|---|---|
| Chicago, Illinois | $77,366 | $35,000–$115,000 |
| New York, New York | $91,330 | $50,000–$120,000 |
| Indianapolis, Indiana | $62,940 | $30,000–$100,000 |
| Dallas, Texas | $75,979 | $48,000–$90,000 |
| Boston, Massachusetts | $81,309 | $70,000–$110,000 |
| Cincinnati, Ohio | $70,750 | $58,500–$85,000 |
| Austin, Texas | $62,554 | $50,000–$83,200 |
| Denver, Colorado | $79,375 | $50,000–$112,000 |
| San Francisco, California | $97,583 | $73,000–$140,000 |
| Los Angeles, California | $89,817 | $45,800–$180,000 |
| St. Louis, Missouri | $67,625 | $60,000–$90,000 |
| Minneapolis, Minnesota | $68,228 | $63,000–$83,900 |
| Atlanta, Georgia | $76,111 | $60,000–$100,000 |
| Washington, DC | $75,345 | $53,105–$90,000 |
| Detroit, Michigan | $79,643 | $65,500–$110,000 |
| Charlotte, North Carolina | $78,571 | $67,000–$110,000 |
| Miami, Florida | $87,333 | $70,000–$112,000 |
| Milwaukee, Wisconsin | $75,833 | $55,000–$80,000 |
| Houston, Texas | $87,500 | $55,000–$120,000 |
| Nashville, Tennessee | $76,143 | $40,000–$175,000 |
As of October 1, 2023
Salary for internships
An internship is more than a summer job. It’s an opportunity for Kelley students to explore industries and careers and gain real-world experience that will make them more attractive to employers after graduation.Increasingly, internships are also a recruiting tool for employers—a high percentage of them offer full-time
positions to successful interns. So, competition is fierce.
As of August 1, 2023, internships were reported by 96 percent of students in the projected Class of 2024 who were actively engaged in seeking an internship.
| Major | Average hourly rate | Range |
|---|---|---|
| Accounting | $34 | $14 – $53 |
| Business Economics & Public Policy | $35 | $15 – $53 |
| Entrepreneurship & Corporate Innovation | $30 | $17 – $48 |
| Finance (including Real Estate) | $35 | $9 – $67 |
| Information Systems | $33 | $18 – $52 |
| Management | $28 | $9 – $45 |
| Marketing | $25 | $15 – $52 |
| Marketing and Professional Sales | $24 | $18 – $37 |
| Supply Chain / Operations Management | $29 | $15 – $52 |
| Average hourly wage | $32 |
As of August 1, 2023
NOTE: Interns are typically compensated on a pro-rated hourly basis using a full-time entry-level position salary as a base.