Cost & Finances

Invest in yourself.

The Kelley Evening MBA is one of the most-affordable, top-ranked part-time MBAs in the U.S. With a central location in downtown Indianapolis, our program allows you to fulfill your professional and personal commitments without interrupting your life.

Here’s how your investment in the Kelley Evening MBA Program breaks down:

  • Resident tuition (for Indiana residents) is $916 per credit hour.
  • Non-resident tuition (for non-Indiana residents) is $1,501 per credit hour.
  • Estimated resident tuition for the 54-credit-hour program is $49,464; estimated non-resident tuition is $81,054.
  • University-level fees vary by quarter, and depend on number of credit hours taken per quarter. Quarterly fees for a typical Evening MBA course load of 6.0-7.5 credit hours average $515.
  • Primers (if required) cost $200 per course.
  • Textbooks, parking, learning materials and course-specific fees are not included in these numbers.

Wondering whether you qualify for resident or non-resident tuition rates? Indiana residency is determined by the IU Indianapolis Office of the Registrar.

*This information is for the 2023-24 academic year and is subject to change.


For information about Evening MBA Scholarships, please visit our scholarship page.

If you’re pursuing a Chartered Financial Analyst designation, there may be scholarship opportunities available outside the Evening MBA Program. Learn more about CFA Level 1 Scholarships.

Financial Aid

Many of our students receive tuition assistance through their companies or use the federal student loan program. For details, domestic students should complete the Free Application for Federal Student Aid (FAFSA) and contact the Office of Student Financial Services