Behavioral Strategy Group at Indiana University

We turn human insight into business action.

BSG uses behavioral economics to show companies why people really decide, and what to do about it.

Consulting built on how people actually decide.

Behavioral economics is the study of how people really make choices. People don’t weigh every option like a spreadsheet. They lean on habits, first impressions and what others are doing, so small details, like how a price is framed or which option is already selected, can change what they pick.

BSG is a behavioral economics consulting organization at Indiana University’s Kelley School of Business. We use these insights to solve real problems for startups, Fortune 500 companies and nonprofits.

A few ideas we work with

  • Defaults

    Most people stick with whatever option is already selected.

  • Framing

    The same facts, worded differently, lead to different choices.

  • Social proof

    When people are unsure, they follow what others are doing.

Engagements
Three to four monthsOne focus area, worked end to end.
Teams
4–5 analystsLed by a case team leader and an associate, with analysts from finance, marketing, economics, psychology and accounting.
Chapters
Indiana and HarvardBSG began at Harvard University; Indiana University is its second domestic chapter.

How an engagement runs

See how we work

Six steps over three to four months. Select a step to see what happens in it.

  1. 01Scope
  2. 02Ideate
  3. 03Research
  4. 04Midterms
  5. 05Recommend
  6. 06Present

Who we’ve worked with

Organizations BSG has worked with across its Indiana University and Harvard University chapters. Select one to learn more.

    For organizations

    Bring BSG a problem your customers’ decisions are shaping.

    For IU students

    Work on real problems for real companies.

    How we work

    Three-to-four-month engagements, led by case team leaders and competitively selected analysts who work directly with the client.

    From question to recommendation.

    Scope

    We agree on the question and the decision it should inform.

    With your teamKickoff meeting with your team to confirm the scope and gather context.

    Engagement timeline

    1. Kickoff
    2. Weekly check-ins
    3. Midterms
    4. Final presentation
    5. Three-month check-in

    Try it

    See it for yourself.

    You’re subscribing to a magazine for a year. Which plan do you pick?

    Sectors we work across

      Who we’ve worked with

      Organizations BSG has worked with across its Indiana University and Harvard University chapters. Select one to learn more.

        Who we are

        The Behavioral Strategy Group is a behavioral economics consulting organization based at Indiana University’s Kelley School of Business. Each engagement runs three to four months, led by case team leaders and competitively selected analysts who work directly with the client.

        Where BSG began

        Harvard University

        Founding chapter

        Indiana University

        Second domestic chapter

        Indiana University is BSG’s second domestic chapter, after the founding chapter at Harvard University. Across the network, BSG has worked alongside international governments, Fortune 500 companies and ambitious startups.

        Where we’re going

        From recommendations to results.

        1. 01

          A firm of curious, ambitious, creative people.

          We’re growing BSG at Indiana University with members who ask why people decide the way they do and don’t stop at the first answer. Every class learns to work like consultants from their first case.

        2. 02

          Real change inside real companies.

          We take on problems companies actually own and use behavioral strategy to change how their customers choose. We measure our work by what a client does differently after we leave.

        3. 03

          Following our work into the world.

          A final presentation isn’t the finish line. We check in with every client three months after delivery to see how our recommendations played out, and bring those lessons into every engagement that follows.

        Executive Board

        The BSG executive board on outdoor campus steps. Back row, from left: Sohail Fong, Ted Nitka and Shane Benaroya. Front row, from left: Lizzie Ruebush, Max Boeke and Sadie Castleman.

        Back row, from left

        Front row, from left

        The Fall 2026 BSG analyst class in business attire, standing together on outdoor steps on campus
        Fall 2026 Analyst Class

        Fall 2026 Members

        Case Team Leaders

          Associates

            Analysts

              Where our members work

              Firms where BSG members have worked and interned.

                Next: Join BSG

                See how to join BSG

                Work on real problems for real companies.

                BSG is open to all majors.

                What members do

                Each semester, members join a case team working with a real client. Together, the team researches the problem, builds the analysis and presents recommendations to the client. Everyone starts as an analyst, and members grow into leading teams and running BSG.

                Select a role to see what it involves.

                Analyst

                Where every member starts.

                • Research the client’s market, customers and competitors.
                • Create the deliverables the team presents to the client.
                • Build the analysis behind each recommendation.

                Spring 2027 recruitment

                DateMilestoneDetails
                Mon, Jan 11Applications openFirst day of classes
                Sun, Jan 17Callout meetingGISB 0001. Time to be announced.
                Wed, Jan 20Applications due12:00 p.m. ET
                Fri, Jan 22
                Sun, Jan 24
                Round 1 interviewsBehavioral interviews over two days. Times and locations to be announced.
                Fri, Jan 29Round 2 interviewsTechnical and case interviews. Time and location to be announced.
                Sun, Jan 31Final decisions sentAll applicants notified

                Times and locations still to be announced will be posted on Instagram at @bsg.iu.

                Applications open Monday, January 11.

                Tell us what you’re working on.

                We take on problems companies actually own and use behavioral strategy to change how their customers choose.

                Start with a message.

                Reach BSG leadership on LinkedIn and we’ll set up a scoping conversation.

                What happens next

                1. 01

                  A scoping conversation with BSG leadership

                2. 02

                  A written scope of work

                3. 03

                  Kickoff with your case team