<Tr> <Th> Website </Th> <Td> kelley.indiana.edu </Td> </Tr> <P> 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". </P> <P> 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 . </P> <P> 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 . </P>

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