Terrill Cosgray, Executive Director of Kelley Direct, visited Seattle last week to host a dinner for prospective students. When asked if I would be interested in attending the dinner, I didn’t hesitate to say yes. I have had a great experience working on my MBA in the Kelley Direct program so far, and I wanted to share my insights and experience with the prospective students.
The dinner was held at the Canlis Restaurant. The food was delicious, the service was phenomenal, but the best part of the evening was the great discussion we had with everyone in attendance. In addition to the prospective students, there were other current Kelley Direct students as well as alumni. It was fun to share experiences and get everyone’s perspective on the program. I really appreciated hearing the alumni speak about how the MBA they earned through Kelley Direct has helped them progress in their careers. One talked about how his degree helped him get a great promotion at Microsoft. Another other talked about how Kelley Direct Career Services helped him get a new job at Amazon.com.
I chose the Kelley School of Business because it is a highly rated business school, and the Kelley Direct program is, in my opinion, the best distance MBA program. I have been very pleased with my decision, which is good considering the significant investment I have made in the program both in terms of time and money. I am receiving an excellent education and I have already been able to apply things I have learned in my classes to my present job.
I was asked by one of the prospective students about work-life balance in the program. He wanted to know if it was really possible to take 6 credits per quarter while working full time. I told him that it can be challenging, but it is possible. Anything of value requires sacrifice. That is true of getting a quality MBA education. I have had to sacrifice sleep more than anything else. Luckily, I have the support of my family at home and my boss at work. That makes a big difference. The flexibility of the online MBA format provided by Kelley Direct fits my lifestyle and makes it easier to keep everything in balance.
I look forward to staying in touch with the people I met at the dinner. They are all a lot of fun to hang out with. I hope the information I gave the prospective students was helpful. It would be fun to see them in one of my classes in the near future.
What’s up KD? I hope that this message finds you well.
It’s been a month – so I figured I’d drop in, and say hello. Things for me are going okay, just busy. I’m in the middle of looking for a new job, working my old job, being a parent, and being a KD student. So, as you can imagine – I have really appreciated the flexibility of KD this past month.
As for this blog, I figure that I would give you some advice on financial aid – since it’s that time of the year. Right now, I pay for KD with a combination of employee contributions and federal loans. It is a good package – not the best, but I am definitely grateful for all of the support that I get.
I know that if any of you are like me, you wondered how you would be able to pay for an MBA – especially if your company doesn’t pay for it. Here are a couple of things to know that have been helpful for me.
Fill out a FAFSA.
I know that some people are nervous about the debt that can come from 2 years of college loans. But, it’s a really good investment. I’m only one year into my program – and I have learned about million things that have made me more marketable for promotions and given me other career options. To fill out a FAFSA, go to fafsa.gov. They have all the information there. It can be done all online, takes about 20 minutes, and can take a lot of the financial burden of your MBA.
Talk to your Human Resources Department.
A lot of people do not talk to Human Resources for a number of reasons – but remember, they are there for you. There may be a number of programs that your company has that will pay for all or a portion of your MBA (or other degree).
The other thing to know is that their contributions to your MBA could be viewed as taxable income. Make sure that you get all the information about the contribution plan before you sign up.
Understand your financial award.
You may wind up being award more money per quarter than you actually need for your costs per quarter. This money will come back to you as a refund. I know that for me, I need that refund amount to get my books and other school costs.
If you can afford it, it would suggest that you reduce your award to make it stretch further. Once you run out of loans for the year, you have to pay the rest, which may mean that you are not able to take classes for a quarter.
Well, those are just my tips. I hope that you find them helpful. Until next time, I’ll catch you later KD.
When I started the Kelley Direct distance learning MBA program, I had no doubt that I would be getting a high quality education. Kelley is, after all, a top-tier business school. Even so, the KD program has surpassed all my expectations. The classes are very engaging, challenging, require lots of teamwork, and are structured to emphasize real-world application of the material. Add to this the in-residence weeks, and "online MBA" doesn't even come close to describing the experience I've had so far.
There are two in-residences built into the Kelley Direct program, and each is a week-long, 1.5 credit class held on the beautiful IU campus in Bloomington, IN. I recently returned from my second in-residence, the one that marked the start to my final year as an MBA student, provided valuable face-to-face time with fellow classmates, and deepened my connection with Kelley and IU.
My 2nd year in-residence week was packed full of lectures, team projects, and networking events. The days were long and exhausting, but Kelley's "work hard/play hard" culture consistently shined through. Each morning began with a group breakfast followed by a day full of lectures. Now, I realize that eight hours of lectures may not sound even remotely appealing, but each class session was so engaging and entertaining that I had no trouble staying focused. Over the course of the week, we were taught by four professors and every single one had a terrific sense of humor, practical knowledge that made us eager to learn, and a remarkable ability to capture and keep our attention. I can say, without any hesitation, that I absolutely loved the lectures and interactions with my professors and classmates. Eight hours go by quickly when you're laughing (and learning) the whole time.
Teamwork is a big part of the KD program, and the in-residence is no exception. So, after a day of lectures, we typically had a team assignment due by the next morning. However, unlike in the 1st year in-residence, we were now experienced MBA students. We had an entire year of classes under our belts, were equipped with new skills, and were able to tackle assignments confidently and efficiently. Case studies - no problem! It was very rewarding to see how much I had learned since the start of the MBA program and to know that, just one year later, I was so much more effective at completing these difficult assignments.
We also had quite a bit more time to socialize and network than during the 1st year in-residence. After all, we had survived an entire year of classes, and our reward, the chance to explore Bloomington and strengthen relationships with one another, was well-deserved! Our evenings included a dinner at Assembly Hall, a formal dinner with faculty and staff, a social night at Nick's, and multiple team dinners at some of the local restaurants. One day we even had a special guest speaker, Marshall Goldsmith, a former Kelley alumnus who was in town to be honored at the IU Business Conference (bit.ly/99Ouq9). A New York Times best-selling author, Marshall shared some of the lessons he teaches to executives around the world, gave us a copy of two of his books, and even stayed late to do a book signing. This was an added bonus to an already fantastic week!
The in-residence weeks are such an invaluable part of the KD program. Yes, it is hard to take off work and leave family and friends for a solid week of class. Yes, the week is incredibly demanding and exhausting, requiring an intense amount of focus and creativity. The ability to balance personal, professional, and student life is undeniably a challenge. However, it is possible, and it is very much worth it.
My grandfather recently posed a question to me in an email. He wrote:
I would like to hear about the program for your Master Business Adminstration degree. My experience in grad school was that many of the professors felt that their course was the only one we took so they seemed to load us up on things to do outside class. This is not a problem for you? What do you experience?
I don't know about other Online MBA Universities, but I would say that the faculty completely respects our time. As a distance learning program, 100 percent of the students in my cohort have full-time jobs (in addition to spouses, children, pets, hobbies, etc). The faculty seems to understand the competing demands in our lives. Through the technology we use, the professors routinely poll us as to the best time to conduct virtual office hours or conduct live lectures.
So do they ‘load up’ on us? Only to the point where we learn the material. Many of the classes have group assignments so we can ‘divide and conquer’ and rely on each other’s skill sets to enhance our learning. For example, I just got off of a video conference call with my Econ C530 group and one of my team members is a financial analyst. He led the discussion on net present value and answered many the group’s questions. I believe the three of us would have struggled had it not been for the fourth’s subject matter expertise.
The professors themselves are available anytime through email (with a response time between two and 24 hours). My econ professor offered to meet with me in person (as I am local to Indianapolis) should I have trouble with some of the concepts (and by concepts I mean calculus … what is a derivative of a function, you ask? Me, too).
So far, I have been completely satisfied with the workload in my first two classes. I am feel that I will be able to earn my business degree online without sacrificing my family or work.
Whenever I speak with prospective students I get the question, "What are you looking for in a successful application?" I always appreciate this question as it allows me to have a dialog with the prospective student about what the Kelley School of Business expects from it's students and just as important, what they should expect from the Kelley School of Business. Selecting an online MBA/MS program is a two way street and we understand it is just as important for you to evaluate us as it is for us to evaluate you. With that being said, here is insight into the Admissions Review Committee's expectations from our future online MBA/MS students:
We review the transcripts from your degree programs. We look at the courses you took and how you performed in your upper level courses. You are not disadvantaged if you haven't taken any business courses in your previous degrees. We look at overall quality and improvement in performance. We do encourage our students who have not had an accounting or statistics course within the last 5 years with a B or higher to take our accounting and statistics Primers. These two foundation courses will help you achieve success in your courses.
We review your years of work experience, types of positions you have held and look for upward mobility within your resume. If you haven't been promoted, you can strengthen your application by taking on additional responsibilities within your current position. With this, we read your letters of reference to add value to experiences and help us understand what value you will add to our incoming cohort.
We review your complete GMAT score. We look at quantitative and verbal scores as well as when you took the GMAT and how often. Our average GMAT is usually around 630. Although the GMAT is not the only aspect of the application we evaluate, it is an important component. Please study and prepare before you take the GMAT. We find too many students go into the test without preparation and are disappointed with their scores. This is the part of your application you have the most control over, please take it seriously. It is not unusual for us to see a strong application but a weak GMAT. Often times, we may ask an applicant to retake the GMAT for further consideration.
Finally, we review the application itself, including your personal statement. This is where you get to sell yourself to the committee. We want you to tell us what we don't know about you from reading the rest of your application. Why do you want your MBA/MS degree and how will earning it online assist you in reaching your goals? This is also an opportunity to demonstrate your writing skills, so please proof read before submitting.
Again, you are not alone during this process. Our staff are here to assist you through the application process. We believe the Kelley School of Business offers the best distance MBA and MS programs and want you to be prepared to enter into this new stage in your life. Earning your MBA/MS online will require time management, commitment to studying, and putting your best foot forward. Your application should be no different.
If you have any other questions about any of our online MBA/MS requirements, please feel free to contact us at kdirect@indiana.edu
What does it mean to “live the dream”? It means to achieve your goals, to accomplish everything you have set out to accomplish. It means to have it all and do it all. Living the dream can be a challenge for most of us because we have conflicting goals. For example, my major life goals include raising a family, having a successful career, and earning a master of business administration degree. Why are those goals conflicting? They are all competing for my time, the scarcest resource I have. I have a beautiful wife and two young sons. I love to spend time with them, but I have missed many meals and important family activities because of my hectic work schedule.
Earning an MBA has always been one of my biggest goals, but as I have progressed in my career and my family responsibilities have increased, I began to think that I had missed the window of opportunity. I finally decided that 2009 was the year to get into business school and make my dream a reality. The challenge was to find a business school that met all of my criteria. I wanted to attend a highly ranked university that would provide a top-notch education. I also wanted a program that would give me the flexibility to meet the obligations of my current job and not become a stranger to my family.
A friend of mine at work clued me in to the fact that there are several top universities across the country that offer distance MBA programs. This opened a whole new realm of possibilities for me. I became obsessed with finding the best online MBA program. I learned that there are several online business colleges, but I was only interested in an AACSB accredited online MBA program. Ultimately one program stood head and shoulders above the rest—the Kelley Direct program from Indiana University’s Kelley School of Business.
I am now in my first year in the Kelley Direct program, and I'm living the dream. I'm getting a great education at one of the best business schools in the nation, and I haven't had to put the rest of my life on hold. I didn’t have to leave my job to attend business school, and I have the flexibility to work on my studies at my convenience so I don’t have to become a stranger to my family.
It's a Tuesday morning in early November, the day before Veterans Day in the US, about 10am in the morning, I'm in Richmond, VA, and I'm attending class for an MBA program that is in the Top 15.
Now while Richmond, VA certainly has some fine schools, Virginia Commonwealth University (my undergraduate Alma Mater) and University of Richmond, they are not top 15 MBA programs, at least according to the latest Business Week rankings. Just a decade or so ago, if I wanted to attend a top MBA program, living full-time in Richmond, VA would have been physically impossible. I would have had to quit work, uproot my family, and leave the city I love, to move somewhere else for a few years of my life. Quite honestly, I don't know if it would have happened.
Fast forward to 2009, and the concept of online education has taken off, most notably by the "for profit" schools that we always see advertising on TV (which please do not confuse with prestigious schools that are venturing into online education. And while a lot of lower tier business schools have started rolling out an online curriculum, the top 15 to 20 or so MBA programs have been very slow, except the Kelley school at Indiana. Last year about this time I started looking at options for an MBA, trying to find a program that would allow me to work full-time, stay in Richmond, and at the same time feel that I was getting the best education I could. There were some local choices (UR, VCU, and even Virginia Tech who does a remote site MBA here in Richmond), and some online choices (Penn State, Arizona State, Indiana). However, no matter how I analyzed the programs (reputation, price, flexibility), Indiana was my top choice (and I'm a very analytical person). I applied to Indiana first, with all others as possible seconds. I was accepted, and began the program in August of 2009.
Now, at this point I am only a few months into the program, and I can honestly say that there has been no regrets. In fact, I have been blown away by the quality of the program. I have spent literally the past decade in college (working full-time while getting my undergraduate, and a masters in accounting also), so I have taken my fair share of college courses, and the 2 classes I have taken so far in the Kelley Direct program, even though I am attending class from 505 miles away, easily rank in the top 5 of all classes I've taken.
I admit, I was skeptical at first of exactly how the "online thing" would work. But it works incredibly well, and without a lot of the noise and distractions of a typical classroom.
Hopefully this blog, and the other Kelley Direct student blogs, will help to distinguish the Kelley Direct program from others. I will continue to write of my experiences in the program in hopes that it will help future students determine if the KD program is the right choice for them.
Welcome my first Kelley Direct blog post. I thought it would be best to talk about our world-renowned degree and a little bit about our history.
Kelley Direct's distance MBA programs began in 1999 as an innovative way to provide the opportunity to earn a Kelley graduate degree for high-caliber working professionals no matter where they work or live.
As one of the top online MBA programs, Kelley Direct offers the highest quality AACSB accredited online MBA available today. In fact, Kelley Direct is the only top 20 business school that offers an online MBA, online degree in finance, and online degree in global supply chain management.
I will talk about our faculty in more depth in a future post but one of the things that makes the Kelley School of Business so highly ranked in our top flight and award winning faculty. Kelley Direct courses are taught by Kelley faculty; the same faculty that teach in the Full-Time and Evening MBA programs.
We consider ourselves to be leaders in business education online, and over 800 students have already earned a Kelley degree through Kelley Direct. Check out this video if you want to learn more.
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