Kelley School of Business - Wikipedia Kelley School of Business This article has multiple issues. Please help improve it or discuss these issues on the talk page. ( Learn how and when to remove these template messages ) This article contains content that is written like an advertisement. Please help improve it by removing promotional content and inappropriate external links, and by adding encyclopedic content written from a neutral point of view. ( April 2015 ) This article contains wording that promotes the subject in a subjective manner without imparting real information. Please remove or replace such wording and instead of making proclamations about a subject 's importance, use facts and attribution to demonstrate that importance. ( April 2015 ) Coordinates : 39 ° 10 ′ 20 '' N 86 ° 31 ′ 06 '' W ﻿ / ﻿ 39.17218 ° N 86.51843 ° W ﻿ / 39.17218 ; - 86.51843 Indiana University Kelley School of Business Motto Go from Moment to Momentum Type Public business school Established 1920 Parent institution Indiana University Dean Idalene Kesner Students 5,480 ( Bloomington, 2009 ). 1,950 ( Indianapolis, 2009 ) Undergraduates 4,710 ( Bloomington, 2009 ). 1,200 ( Indianapolis, 2009 ) Postgraduates 770 ( Bloomington, 2009 ). 750 ( Indianapolis, 2009 ) Location Bloomington & Indianapolis, Indiana, U.S. Campus Urban Affiliations The Washington Campus Website kelley.indiana.edu The Kelley School of Business is the business school of Indiana University in Bloomington, Indiana, United States. As of 2017, approximately 7,500 full - time undergraduate and graduate students are enrolled on its Bloomington campus, as well as 1,740 students at the Indianapolis campus. In addition, more than 800 students study for graduate degrees through the school 's online MBA and MS programs through `` Kelley Direct ''. Contents 1 History 2 Rankings 3 Academics 4 The Godfrey Graduate and Executive Education Center 5 Notable alumni 6 Notable faculty 7 See also 8 References 9 External links History Kelley School of Business, Bloomington The School was established as `` School of Commerce and Finance '' of Indiana University in 1920. It was subsequently renamed `` School of Business Administration '' in 1933 and `` School of Business '' in 1938. In 1997 it was named `` Kelley School of Business '' after its alumnus, E.W. Kelley, Chairman of the Steak n Shake Company, gave a substantial donation of $23 million. Initially it resided in the Commerce Building constructed in 1923 ( William A. Rawles Hall since 1971 ), moving to the Business and Economics Building in 1940 ( called Woodburn Hall since 1971 ) and finally to today 's Business School building in 1966. Although they had been holding classes in Indianapolis since 1961, it was n't until the Fall of 1974 that the Kelley School of Business officially expanded to Indianapolis. It resides in the Business / Spea building on the IUPUI campus. During the expansion, it was said that the Kelley School of Business is `` one school, one faculty, one curriculum in two locations. '' The dean 's office is located on the Bloomington campus, but two positions, Executive Associate Dean - Indianapolis and Associate Dean of Indianapolis Research and Programs, were created to lead the Kelley School of Business curriculum, faculty and programs at IUPUI. Completed in 2003, the $33 million Graduate and Executive Education Center provides state - of - the - art learning facilities to the Kelley School 's graduate and executive education students and houses some of the nation 's top - ranked programs and research centers. Featuring elegant limestone and oak architecture, the building provides students and faculty with every imaginable technological advantage and connects with the undergraduate facilities via a two - story limestone walkway. In 2003, the Kelley School partnered with the Scotts Miracle - Gro Company to launch Bloomington Brands, a unique brand management work - study program for both undergraduates and MBA students. Participating students manage the Osmocote Plant Food brand under contract from Scotts. Bob Stohler, a former Scotts executive, instructs and oversees the students. Students manage all marketing variables for the Osmocote brand, including the selection of product formulas, sizes, packages, and pricing, as well as the development of marketing strategy, advertising, media purchase and selection, promotional activities, and consumer research. Brands students work closely with multiple business functions at Scotts. In the Summer of 2005 interim Dean Dan Smith was appointed to be the new dean of the school, replacing Dean Dan Dalton who stepped down in 2004. In a ceremony on October 21, 2005, the Kelley School renamed its Graduate and Executive Education Center in honor of William J. Godfrey, an alumnus and successful businessman who bequeathed land valued at $25 million -- the single largest gift in the Kelley School 's history. On March 30, 2012, the Kelley School renamed its Undergraduate Building Hodge Hall in honor of James R. Hodge who gifted $15 million to help renovate and expand the facility. The $60 million expansion and renovation of Hodge Hall broke ground in May 2012 and opened in the fall of 2014. The Eli Lilly Foundation donated a substantial amount as well. In June 2012 Dean Dan Smith stepped down as Dean of the school after serving as dean for seven years to take a new position as President and CEO of the Indiana University Foundation. On May 9, 2013, interim Dean Idalene Kesner was announced as the new dean of the school. Dean Kesner is the first woman to serve as dean of the Kelley School of Business. Rankings Business school rankings Worldwide MBA Business Insider 21 U.S. MBA Bloomberg Businessweek 15 Forbes 19 U.S. News & World Report 21 U.S. undergraduate Bloomberg Businessweek U.S. News & World Report 9 The Kelley School of Business undergraduate program has been ranked top 15 in the nation for over fifteen years and top 10 in the last four, across various publications. The Kelley School of Business is ranked 9th, tied with Cornell University, for its Undergraduate Business Program according to US News & World Report. In 2016, Kelley was ranked 4th for its undergraduate B.S. program in business by Bloomberg Businessweek and 1st among public institutions out of over 100 of the top business schools in America. In 2015, Kelley was also ranked 4th. The Master of Business Administration ( MBA ) program was ranked 16th by Business Week in 2014 ; it was ranked fifth for regional MBA programs by the Wall Street Journal in 2007. The 2016 ranking for `` Best Undergraduate Business Schools '' by Poets & Quants ranked the Kelley School of Business 7th in the nation and 2nd among public schools. Kelley is also ranked 2nd in academic excellence. It lists anacceptance rate under 40 % with 75 % of students being in the top 10 of their high schools, and average ACT / SAT scores of 30 / 1387. Poets & Quants also ranked Kelley 's MBA program 5th in the nation in producing Fortune 500 CEOs. Bloomberg Businessweek ranked its full - time MBA program at # 15 in the 2012 edition, and at # 4 among all public universities. In 2016, The Economist ranked the Kelley MBA # 30 in the world. Its top - ranked MBA program for full - time residential students has been cited in Business Week as one of the favorites of corporate recruiters looking for general managers, marketing talent, and finance graduates. In a 2016 survey of over 1,000 recruiters by Bloomberg Businessweek, the undergraduate school was ranked 4th in the nation, 1st among public universities. The 2017 U.S. News & World Report ranks Kelley 's Online Graduate Business Program # 1 in the nation, and the online MBA # 3. Teaching quality in core classes has been ranked # 1 in the nation by both the Princeton Review and Business Week. The school 's doctoral program has contributed to overall teaching and research by sending more than 1,000 doctoral graduates to key positions in industry and academe. Most recently, Kelley 's undergraduate school was ranked 8th in the nation by Business Week, one behind the University of Pennsylvania Wharton School. The entrepreneurship program was ranked # 1 in the nation among public business schools in the same report. In 2017, U.S. News ranked these undergraduate programs in the top 12 in the nation : Accounting : 8th Entrepreneurship : 6th Finance : 7th Management : 7th Management Information Systems : 7th Marketing : 6th Production / Operations Management : 11th Quantitative Analysis : 11th Real Estate : 12th International Business : 20th As of late 2017, 10 business concentrations have been ranked in the Top 20. In the 2010 QS Global 200 Business Schools Report the school was indexed as the 24th best business school in North America ( for MBA ). Fortune Small Business magazine listed Kelley 's MBA and undergraduate programs in entrepreneurship No. 1 among all public universities in the nation in 2009. The Kelley School of Business is among the elite 25 percent of undergraduate business programs internationally accredited by the AACSB International -- The Association to Advance Collegiate Schools of Business. Academics The Business / SPEA Information Commons on the Bloomington campus serves the research and study needs of students and faculty of both the School of Business and the School of Public and Environmental Affairs. The Godfrey graduate and Executive Education Center The Godfrey Center The Godfrey Center has 180,000 sq ft ( 17,000 m ) of classroom and office space for use by graduate students, corporate recruiters, executive visitors and administrators. It houses administrative offices for the Master of Business Administration program, Kelley Executive Partners, Kelley Direct, the Johnson Center for Entrepreneurship and Innovation, and graduate accounting and information systems programs. The Kelley School renamed its Graduate and Executive Education Center in honor of William J. Godfrey, an alumnus and successful businessman who has bequeathed land valued at $25 million. The building features classrooms and other facilities that maximize student - faculty interaction in a collaborative setting. The most wired building on the Bloomington campus, it features both direct and wireless connectivity that will help students both inside and outside the classroom. Other special features include a trading room, which includes informational resources comparable to most Wall Street firms, allowing students and faculty to monitor the markets, develop financial products, and engage into trading activities with other counterparties. The Princeton Review recently ranked Kelley 's quality of facilities as # 2 in the nation. Notable Alumni Klaus Agthe, former Chairman of the Board and CEO of ASEA Brown Boveri Marshall Armstrong, Chairman, Financial Accounting Standards Board Evan Bayh, former United States Senator from Indiana Steve Bellamy, founder of The Tennis Channel John Chambers, President and Chief Executive Officer ( CEO ) of Cisco Systems Joe Clayton, Former Chairman of the Board of Sirius Satellite Radio Mark Cuban, billionaire and owner of the Dallas Mavericks Scott Dorsey, co-founder of ExactTarget, co-founder of High Alpha John Eck, President of the NBC TV Network and Media Works Jeff M. Fettig, Chairman and CEO of the Whirlpool Corporation Philip L. Francis, Chairman and CEO of PetSmart Inc. Deepender Singh Hooda, the youngest member of the Parliament of India E.W. Kelley, `` modern - day '' founder of Steak ' n Shake. His philanthropic actions have led to the naming of the Kelley School of Business. Paul O'Neill, former Chairman and Chief Executive Officer, Alcoa, former United States Secretary of the Treasury Harold Poling, former Chief Executive Officer and Chairman of Ford Motor Company Frank Popoff, former President and Chief Executive Officer, The Dow Chemical Company Jay Schottenstein, billionaire and owner of DSW, Inc. and American Eagle Outfitters Salman Shah, Caretaker Minister of Finance, Pakistan David Simon, Chief Executive Officer of Simon Property Group Michael Szymanczyk, Chairman and Chief Executive Officer of Philip Morris USA Michael J. Tattersfield, CEO of Caribou Coffee Randy Tobias, former Chief Executive Officer of Eli Lilly and Company and former U.S. Ambassador Todd Wagner, Chief Executive Officer of 2929 Entertainment, founder of Todd Wagner Foundation, co-founder of Broadcast.com Jimmy Wales, former Chief Executive Officer of Bomis, co-founder of Wikipedia, president of the Wikimedia Foundation Robert James Waller, author of The Bridges of Madison County Darryl L. Wilson, Vice President and Chief Commercial Officer for General Electric ( GE ) Notable faculty Shelli Yoder, lecturer - Former Democratic Party nominee for U.S. Congress Michael Baye, professor - Former Director of the Bureau of Economics for the US Federal Trade Commission. See also Economics Glossary of economics References Jump up ^ https://kelley.iu.edu/about/profile.cshtml Jump up ^ `` Online MBA ''. Indiana University. Jump up ^ `` History ''. Indiana University. Jump up ^ `` Kelley School MBA students work on `` growing '' market for Scotts Co. ``. Indiana University. Retrieved 4 May 2015. Jump up ^ `` Bloomington Brands ''. Kelley School of Business. Retrieved 4 May 2015. Jump up ^ `` IU, Kelley School thank alumnus for his example and generosity ''. Indiana University. Jump up ^ `` IU Kelley School of Business to dedicate Hodge Hall Undergraduate Center ''. Indiana University. Jump up ^ `` Hodge Hall Undergraduate Center ''. Indiana University. Jump up ^ Abbott, Kate. `` Kelley B - School Dean Is Stepping Down ''. Jump up ^ `` Idalene Kesner selected as dean of Indiana University 's Kelley School of Business ''. Indiana University. Jump up ^ `` The 50 best business schools in the world ''. Business Insider. 2015. Retrieved 2016 - 02 - 06. Jump up ^ `` Best Business Schools 2016 ''. Bloomberg Businessweek. 2016 - 11 - 16. Jump up ^ `` The Best Business Schools ''. Forbes. 2015. Retrieved 2016 - 02 - 06. Jump up ^ `` 2018 Best Business Schools Rankings ''. U.S. News & World Report. 2017 - 03 - 13. Jump up ^ `` The Complete Ranking : Best Undergraduate Business Schools ''. Bloomberg Businessweek. 2016. Retrieved 2016 - 08 - 09. Jump up ^ `` 2017 Best Undergraduate Business Programs Rankings ''. U.S. News & World Report. 2016 - 09 - 12. Jump up ^ `` Best Undergraduate Business Schools of 2016 ''. Bloomberg Businessweek. ^ Jump up to : `` Business Schools - Rankings & Profiles - Full Time MBA ''. Ploomberg. Archived from the original on January 1, 2015. Retrieved August 29, 2016. Jump up ^ `` Poets&Quants ' Best Undergraduate Business Programs Of 2016 ''. Poets & Quants. Jump up ^ `` Schools With Most Fortune 500 CEOs ''. Poets & Quants. Jump up ^ `` Kelley MBA Worldwide Ranking ''. The Economist. Jump up ^ `` Best Undergrad Business Schools : Employer Survey Rank ( 2016 ) ''. Bloomberg Business Week. Jump up ^ `` IU Bloomington Online Programs ''. U.S. News & World Report. Jump up ^ http://kelley.iu.edu/about/urankings.html Jump up ^ `` QS Global 200 Business Schools Report 2010, North America ''. ^ Jump up to : http://kelley.iu.edu/about/welcome.html ^ Jump up to : http://news.indiana.edu/releases/iu/2014/03/kelley-alumni-awards-gala.shtml. Missing or empty title = ( help ) Jump up ^ `` CEO Compensation : # 237 Jeff M Fettig ''. Forbes. Retrieved April 26, 2017. Jump up ^ `` Kelley Alumni Awards ''. Jump up ^ `` Office of Development & Alumni Relations : Kelley School of Business : Indiana University Bloomington ''. Jump up ^ `` Kelley Alumni Relations ''. External links Official website -- Bloomington website Official website -- IUPUI website Indiana University Bloomington Located in : Bloomington, Indiana Academics Hutton Honors College School of Medicine School of Law Jacobs School of Music Kelley School of Business School of Education School of Journalism School of Public and Environmental Affairs School of Library and Information Science Athletics Indiana Hoosiers Baseball Basketball Men 's Women 's Field hockey Football Men 's soccer Marching Hundred `` Indiana, Our Indiana '' Rivalries Indiana -- Purdue rivalry Indiana -- Kentucky basketball rivalry Indiana -- Michigan State football rivalry Facilities Simon Skjodt Assembly Hall Bill Armstrong Stadium Memorial Stadium John Mellencamp Pavilion Men 's Gymnasium Bart Kaufman Field Wildermuth Intramural Center Campus Bloomington Art Museum Bryan House Indiana Memorial Union Kinsey Institute Kirkwood Observatory Legg House Lilly Library Wylie House Student life Student Association Little 500 Women 's Little 500 Indiana Daily Student IUSTV WIUX People Notable alumni Notable faculty Founded : 1820 Students : 48,514 Endowment : 1.986 billion Indiana University -- Purdue University Indianapolis Indiana University Schools Herron School of Art and Design Kelley School of Business Robert H. McKinney School of Law School of Dentistry School of Education School of Health and Rehabilitation Sciences School of Informatics School of Journalism School of Liberal Arts School of Library and Information Science School of Medicine School of Nursing School of Physical Education and Tourism Management School of Public and Environmental Affairs School of Social Work Purdue University Schools School of Science School of Engineering and Technology Other Facilities IUPUI Public Art Collection IUPU Columbus Lilly Arbor Project University Library Medical Center Riley Hospital for Children University Hospital Veteran 's Administration Medical Center Sidney and Lois Eskenazi Hospital Other Institutions on Campus National Art Museum of Sport National Sports Journalism Center Regenstrief Institute Athletics IUPUI Jaguars Men 's basketball Women 's basketball IUPUI Gymnasium IU Natatorium Michael A. Carroll Track and Soccer Stadium Former Facilities Indianapolis Tennis Center Retrieved from `` https://en.wikipedia.org/w/index.php?title=Kelley_School_of_Business&oldid=804845801 '' Categories : Business schools in Indiana Indiana University Educational institutions established in 1920 The Washington Campus Education in Monroe County, Indiana Buildings and structures in Bloomington, Indiana Hidden categories : Pages with citations lacking titles Pages with citations having bare URLs Articles with a promotional tone from April 2015 All articles with a promotional tone Articles with peacock terms from April 2015 All articles with peacock terms Coordinates on Wikidata Pages using deprecated image syntax Official website different in Wikidata and Wikipedia Talk Contents About Wikipedia 한국어 日本 語 中文 Edit links This page was last edited on 11 October 2017, at 14 : 00. Text is available under the Creative Commons Attribution - ShareAlike License ; additional terms may apply. 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Question: who is kelley school of business named after
Answer: E.W. Kelley, Chairman of the Steak n Shake Company