Established in 1962, Krannert School of Management is located in West Lafayette, Indiana. It is one of the 13 schools and colleges of Purdue University which is ranked among the top 10 public institutions in the U.S. Purdue’s Krannert School boasts of hosting one of the most globally diverse student populations among any U.S. management school. The School is one of the finest engineering, science and technology universities in the world that teaches business concepts in relation to STEM. Accredited by Association to Advance Collegiate Schools of Business (AACSB), it is among the most competitive business schools in the U.S. Krannert School has ranked among the top 25 undergraduate business schools in the U.S. News and World Report for 22 consecutive years.

Krannert School of Management Rankings

  • The U.S. News and World Report 2021 has ranked Krannert as follows:
    • #80 in Best Business School
    • #48 in part-time MBA
    • #9 in Business Analytics
    • #5 in Production/Operations
    • #8 in Supply Chain/Logistics
  • Times Higher Education World University Rankings 2021 has ranked the following programs:
    • #7 in Masters in Finance
    • #8 in Masters in Supply Chain Management
    • #9 in two years MBA program worldwide
    • #13 in Masters in Business Analytics
    • #26 in Masters in Marketing
    • #69 in Masters in Finance

Highlights

College Type Public
Establishment Year 1962
Parent Institution Purdue University
Location West Lafayette, Indiana
Campus Setting Urban
Campus Accommodation Available
Mode of Program Full-time/ Part-time/ Online
Type of Program Undergraduate, Master’s, Executive, Ph. D, Online
Accepted English Language Proficiency Test Scores TOEFL or IELTS
Financial Aid Scholarships, Loans, and Graduate Assistantship
Official Website krannert.purdue.edu/home.php

Krannert School of Management Campus

  • Krannert School of Management has one campus located in West Lafayette, Indiana.
  • The undergraduate students have access to around 19 clubs and organizations while more than 750 groups are open to all students.
  • A number of activities are organized on campus to give students a break from academics such as case competitions, leadership conferences, peer mentoring, career guidance, etc.
  • The Roland G. Parrish Library of Management and Economics offers a vast collection of academic resources shared by both students and faculty members.
  • Purdue University is home to the Ross-Ade Stadium with a total seating capacity of 57,250 people at a time.

Krannert School of Management Residence

  • Krannert School of Management provides on-campus housing and assists its students to find accommodation off-campus.
  • Both on and off-campus housing costs range from 330 to 850 USD depending on the choice of room type, amenities and accommodation style.
  • There are around 12 housing complexes and residential apartments mentioned on the college’s website to choose from.
  • Purdue Village is a global apartment style accommodation option where students from over 60 countries live together.
  • Amenities include a 24/7 front desk, computer lab with printers, fitness rooms, barBQ grills, picnic areas, high speed internet connection, washer and dryer, etc.
  • Rooms feature basic furniture such as a bed, desk, chair, dresser and floor lamp.

Krannert School of Management Courses

  • The Krannert School of Management provides around 8 undergraduate programs in Accounting, Economics, General Management, Finance, Integrated Business and Engineering, Marketing and Supply Chain, Information and Analytics.
  • The School also provides a BS+MS program for undergraduate students that allows them to complete bachelor’s and master’s in just 4.5 years.
  • Similar options are provided to graduate/master's students, known as combined degrees, where 2 degrees can be completed in a shorter time.
  • The Krannert School of Management provides four different MBA program options including weekend MBA, online MBA, executive MBA and global executive MBA and a MS Engineering + MBA dual degree.
  • Apart from MBA, master’s programs offered include MS Human Resource Management, MS Accounting, MS Finance, MS Global Supply Chain Management, MS Marketing, MS Business Analytics and Information Management, and combined degrees.
  • Undergraduate programs in Production/ Operations Management is ranked 4th in the U.S.
  • Some of the highly ranked graduate programs offered by the school include Master’s in Finance, two-year MBA, Production and Operations Management, Supply Chain Management and Logistics program.

Krannert School of Management Application Process

Krannert School of Management follows a holistic review process. The University attracts high-achieving students with good academic records and high test scores. International students from various countries around the world enroll in various undergraduate and graduate programs.

How to Apply?

The process for admission to Krannert School of Management is discussed below:

Application Portal: Online Application

Application Fee: 75 USD

Application Deadline: Varies for different programs

Admission Requirements: Applicants must submit the following documents along with the application for admission:

  • Academic transcripts from previously attended institutions must be uploaded to the online portal.
  • English Proficiency Test Scores
    • Minimum TOEFL score: 80
    • Minimum IELTS score: 6.5
  • SAT/ ACT scores (for undergraduate programs)
    • Average SAT score: 1280
    • Average ACT score: 27.6
  • Letters of Recommendation
  • Statement of Purpose
  • A diversity essay
  • GMAT/ GRE scores (for graduate programs)
    • Mean GMAT score: 634 (for MBA students)

Krannert School of Management Cost of Attendance

Programs Cost (in USD)
Full-time MBA 21,092
MS in Accounting 34,500
MS in Finance 48,470
MS in Marketing 36,425
Weekend MBA 59,194
  • The basic cost of living to be incurred by students while studying at Krannert School of Management is summarized below:
Expense Amount (in USD)
Housing 1,081 (monthly)
Transportation 2,500
Books and Supplies 1,000
Miscellaneous 1,600

Krannert School of Management Scholarships/Financial Aid

  • Krannert School of Management offers more than 25 scholarships to around 250+ students each year.
  • The institution recommends that to maximize scholarship consideration, the students are required to complete the Purdue University Scholarship Application as well as the FAFSA by December 15.
  • Mentioned below are some of the scholarships provided by the Krannert School of Management:
    • Allyn T. Knoche Scholarship: Awarded to undergraduates of the department of economics based on merit and need.
    • Geyer Family Scholarship Endowment: Awarded to undergraduates of the Krannert School of Management on the basis of academic merit.
    • Jane Brock-Wilson Scholarship for Women in Management: Awarded to female undergraduates enrolled in the Kranner School of Management.

Krannert School of Management Alumni Network

  • The institution has an Alumni board known as the Krannert School of Management Alumni Associates (KSAA).
  • Alumni can participate in the graduate referral program, interact with several candidates in professional and personal life, and refer a candidate who will be automatically awarded ‘Alumni Referral Scholarship’.
  • The alumni can participate in several events like Executive Forums, Case Competition, Alumni Engagement & Experiential Learning, Alumni Conferences, Leadership Speaker Series, Homecoming events, and more.

Some of the notable alumni of the institution are:

  • Sam Allen, retired chairman and CEO for Deere & Company.
  • Doug DeVos, president of Amway
  • Dulquer Salmaan, Indian film actor
  • Robbie Hummel, professional basketball player
  • Joe Forehand, former chairman and CEO of Accenture

Krannert School of Management Placements

Around 80% of the MBA graduates were employed within 3 months of the course completion. Around 96% of the undergraduate students receive a job or acceptance in a graduate program within 3 months of course completion. The undergraduate students received a median salary of 58,000 USD, and the graduate program has an average salary of around 92,500 USD.

Almost every student is offered an internship by the management school. Several placement and career fairs are organized by Krannert School of Management. The top hiring companies for graduates of the MBA program include Amazon, IBM, PepsiCo, Red Bull, Deloitte, and more. While students who have completed undergraduate programs are employed by companies like 3M, IBM, Target Corporation, Amazon, KPMG, LLP, Microsoft, PwC, etc.