Is Kelley School of Business considered great by companies?

@88jm19

Sounds like a solid strategy to me. I agree prestige and rankings go only so far, especially since there is widespread speculation, and even some evidence, that some of it is gamed by the colleges.

My son is still a high school senior and said he’ll probably go to IU Kelley, but he still has a number of other options he wants to keep open until the eleventh hour (May 1 is drawing near) just in case he learns of information positive or negative.

For the schools he’s been accepted to, it comes down to a value proposition for us. Mindful of his intent to proceed to grad school immediately after his undergrad, he (we) have done our cost-benefit analysis and see no value to pay a premium for schools that cost more than IU (which will cost us just under $30,000 PY after his merit and other scholarships). We don’t qualify for any need-based financial aid, and we’d like to help him pay for grad school. As I’ve said before, all the schools he’s been accepted to are very close in quality, and he’s evaluated fit and other factors also.

You’ve mentioned that Kelley has class sizes that are nearly double that of UIUC, yet the data I’ve seen doesn’t show that. I’ve read that IU’s student faculty ratio is 17 to 1 and UIUC is 18 to 1, which is essentially the same. Apparently, you have other data I haven’t seen. Could you please shed some light on this? If what you say is true, we may at least reconsider our decision.

Thanks for your help.

RamDass here is how undergrad business schools are ranked by USNWR. It is from the website. It is the National Universities, etc. that are ranked by various metrics and data.

The U.S. News undergraduate business school rankings are based solely on the judgments of deans and senior faculty members at peer institutions.

In spring 2016, U.S. News surveyed deans and senior faculty members at each undergraduate business program accredited by the Association to Advance Collegiate Schools of Business. These deans and faculty members – two at each AACSB-accredited business program – were asked to rate the quality of all programs with which they were familiar on a scale from 1 (marginal) to 5 (distinguished).

In 2016, 38 percent of those surveyed responded. This year, for the second consecutive year, U.S. News used the two most recent years’ responses rather than just the most recent year’s to calculate the overall undergraduate business school rankings. By incorporating a larger number of ratings, the results will more fully represent the universe of faculty members being surveyed.

U.S. News also asked those same respondents to nominate the 10 best programs in business specialty areas like accounting, marketing and finance. Those programs that received the most mentions in each area appear on the site ranked in descending order by number of mentions.

A school or program had to receive seven or more nominations in a specific specialty area to be listed. This means that schools ranked at the bottom of each specialty ranking have received at least seven nominations.

The rankings of the best undergraduate business programs in a specialty area are based solely on the peer assessment survey conducted in spring 2016. Schools offering any courses in a specialty are eligible to be ranked in that specialty. Schools did not need to have a listed program or major in a specialty area to be ranked in that specialty area.

@racquetdad,

Bingo! Thanks for clarifying this issue. So that’s what I recalled reading. I knew I had read many times they based school rankings on administrator opinions only. So it’s only undergrad business schools. It had stuck in my mind because those are the only schools my son wanted to attend/applied to. Ok, got my wires crossed and wasn’t specific in my earlier post but I’m right on the main point.

In any case, I do think such opinions have their utility and form a rough scorecard, though they obviously have their limitations and pitfalls.

I think I can rule out early-onset Alzheimer’s but maybe those pain Meds did cloud my thinking!

Thanks again!

Shout out to the OP-it would be great to hear what your final decision is. :slight_smile: This thread rather veered off course from your op! I will say that Kelley at all levels was excellent in providing information and assistance to my student at every level of the admission and decision process, from front-line staff in admissions all the way up the to the top of the school. I do hope that you’ve been able to take advantage of such resources from all of your prospective schools. As to other sources on outcomes, do reach out to current students and grads at your target schools and in your target job market destinations, and even employers. My son has had those exact queries from seniors mulling their final decisions. Once again good luck!

Zinhead,

A belated “you were right” about Kelley’s undergrad enrollment. It is 6200 at the Bloomington campus. BTW, I’ve read that several undergrad business schools have plans to ramp up their enrollment numbers soon. UW has already begun the process (maybe starting last year, not sure) and, according to someone I spoke with in UW Admissions their plan is to triple the current size in the next three years. I’ve also noticed, over the last couple of years, more press coverage on this topic. Could this be the beginning of a trend among business schools?

Here is an article on the expansion.

https://bus.wisc.edu/update/fall14/expanding-our-bba-program

UW recently boosted their OOS tuition which has had a negative effect on thier OOS yield. This is important to UW since the OOS students have higher stats and pay a much higher tuition than in-state students.

Since UW’s business school is likely one of the draws for OOS students, increasing it’s size might be a way of keeping the OOS money and stats flowing.

Since @Alvis888 asked about comparisons between undergraduate business schools, I’ll answer @RamDass’s question and hope it is helpful.

When I mention class size I’m referring to the stats from Kelley: https://kelley.iu.edu/UCSO/Statistics/ClassProfiles/page41213.html

Look under the Class Demographics tab and the numbers under ‘Kelley Students by Class’. I’m speaking of those classes…freshmen, sophomores, juniors and seniors…not student to faculty ratio. I was thinking about roughly 1400 freshmen competing for meaningful participation/leadership positions and study abroad spots. The question is how much importance do you put on those activities along with access to those opportunities. We believed the size of the class would negatively impact the undergrad experience.

Anyway, I hope Alvis888 finds some of the topics we brought up useful…hopefully we provided ‘food for thought’. Best of luck to Alvis888!..and to your son, RamDass!

88jm19,

Thanks. Yes, I’ve seen that IU webpage and it is probably still relevant for the class of 2021 (that webpage refers to classes of 2016/17). So, when you made the comment on the “nearly double class sizes” you were really referring to realistic access to “meaningful participation/leadership positions and study abroad spots.” Gotcha. Ok. That’s a valid concern, to be sure.

I wonder if anyone here has a definitive answer to that concern. I haven’t thought to ask that of the school administration in my calls. Perhaps I’ll make such a call today, if I have time. On that point, however, I’d have to speculate that if that were an issue it would have become manifest in the student and alumni surveys done by third-party ranking organizations, most notably Poets & Quants. On those surveys, if memory serves me, I believe IU Kelley had the second highest student satisfaction scores in the nation on a comprehensive range of about 15 different, important aspects of student life—not just a few superficial questions about food, social scene, etc.

The second highest score in the nation is not too shabby.

Overall, I must say that I’m impressed with Kelley’s accomplishments. The biggest issue I have, and others have expressed this concern also, is the high acceptance rate. I’ve read all the compensating factors, and they do compensate, for IU, AS A UNIVERSITY, does have impressive achievements and assets, without question. I won’t enumerate them here because I’m sure most readers concerned with this topic are aware of them. Still and all, there is, I suppose, a mental disconnect, because I think most of us equate quality of a university with stringent acceptance standards, which, of course Kelley, specifically, has (if I recall, it is the 19th most selective of the top 50 undergrad business schools, according to P&Q). Again, not too shabby. And, of course, who wouldn’t like smaller class sizes comparable with small LACS? But you ain’t gonna get that, anywhere, without paying a small fortune. Personnel costs are perhaps the single biggest strain on college budgets. Finally, IU Kelley has also, time and again, won accolades for their ability to make a large school seem smaller through various means and customized, ongoing attention to each student.

Our family entered this college search process, a year ago, with the intention of sending our son to a top, expensive, private or public school, paying full freight (we don’t come close to qualifying for need-based financial aid). We’ve been saving since before our son was born and have always placed the highest priority on preparing for the day when we must open our wallet for those college bills. As our search progressed, however, and I read more and more (and I’ve read a ton!), I kept reading over and over, by financial experts that in this “new normal” economy we have in America, since the 2008 Great Recession, with the consequent reduction in availability of employment for new grads, the calculus for spending on college has changed. Now, most experts recommend not paying full retail price for an overpriced education; instead, they stress seeking out value. (Some would say that the top 15 or so schools are still worth it, and that may be true, but it is a separate discussion.) I think the Kelley school, UIUC, UT Austin and other such schools provide that value.

Alvis888, I think this post this is relevant to your query!

However, the bank of mom and dad does have its limits. Therefore, we gave our son a choice (the same choice we will give his younger sister in a few years); either go to an expensive undergraduate college and not receive financial assistance for grad school or go to a more affordable undergrad school and get help from us paying grad school tuition bills. He made the wise (affordable) choice, and hopes to keep his grades high in order to get into the best grad school possible. Who knows how his plans will change as he navigates the college experience.

The only other thing that concerns me is the party scene at IU, but that is an issue at many, many schools. In our estimation, being in the Kelley school (better, more focused students) and being in the honors college dorm (more academically oriented pool of students) should help in that regard.

“However,” as the inimitable comedian, Professor Irwin Corey would say, none of these are guarantees our son won’t stray into a campus life of indolence and drunken stupor. A worry generations of parents have wrestled with.

In the end, we rely on the effectiveness of our parental roles and how well our children have internalized our lessons.

As Hodding Carter so beautifully said, “There are only two lasting bequests we can hope to give our children. One of these is roots; the other, wings.”

88jm19,

I see. Thanks.