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Kelley School of Business – Indiana University - Business of Medicine MBA

Business of Medicine Physician MBA Program Structure

The 21-month, 51 credit executive Business of Medicine Physician MBA program at the University of Indiana Kelley School of Business takes place at the school’s satellite campus in Indianapolis, with classes held monthly on Fridays from 8 a.m. to 7:30 p.m., and on Saturday from 7:45 a.m. to 4:15 p.m.

In addition, 10-14 hours of online learning can be expected per week during the program, making scheduling easier for working professionals.


The first year of the program features 25.5 credit hours of coursework, with each of the first four semesters of the program dedicated to at least six credit hours each. The final year of the program, featuring three semesters, has 25.5 credit hours of coursework, with the final quarter featuring 10.5 credit hours. The final quarter features the Somerset CPAs & Advisors Executive Leadership Lecture Series and the Healthcare Policy Experience residency in Washington DC.

Class Profile

The 2020 Business of Medicine Physician MBA Class of 2020 features 44 physician students that are, on average 44-years old. These students have around 14 years of post-residency healthcare experience prior to enrollment.

Tuition, Scholarships, and Financial Aid

The Indiana Kelley Business of Medicine Physician MBA program costs $85,500 in total. These costs cover tuition, meals on campus, executive coaching, and more. This breaks down to $1,610 of tuition per credit hour. A nonrefundable $500 deposit is also required upon enrollment in order to hold a spot in the program.

Partial tuition fellowships are awarded based off of a myriad of factors, including academic performance, professional performance and experience, personal achievements, career achievements, application strength, geographic location, and an applicant’s organization affiliations.


Applicants to the Indiana Kelley Business of Medicine Physician MBA program must provide the following:

• A personal statement
• Current résumé
• A completed online application
• Three recommendations
• Medical school transcripts

A phone interview will be conducted with strong applicants.

Application deadlines are as follows:

July 1

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