5. Kellogg School of Management at Northwestern University
Kellogg School of Management at Northwestern University2001 Sheridan Road
Evanston, IL, 60208
Admission Deadlines for Full-Time MBA Class of 2016 (1Y) and 2017 (2Y, MMM, JDMBA):
- Round 1: September 24, 2014
- Round 2: January 7, 2015
- Round 3: April 1, 2015
Admissions Deadlines for Part Time MBA:
- December 12, 2014 for Spring start
- January 30, 2015 for Summer start (Saturday program)
- February 27, 2015 for Summer start (Evening program)
Admissions Deadlines for Executive MBA:
- June 15 for September start
- October 15 for January start
Note: Off-campus interviews for admission must be made prior to the above deadlines. For round one, the deadline is Sept. 19; round two, Dec. 4, and round three, April 3.
When you think about the Kellogg School of Management, two distinctive aspects of this MBA experience immediately spring to mind. First off, the school’s environment is the ultimate in collaboration and teamwork. Secondly, there is no other school in the world with a stronger reputation in the field of marketing. But Northwestern’s Kellogg School is a lot more than a premier marketing school where highly personable students largely work in teams. It is one of the world’s best schools of general management, and because the school attempts to interview every applicant, its graduates have unusually strong inter-personnel skills.
That is one reason why it is a favorite hunting ground for the consulting business, which requires smart, thoughtful people who are especially good working with others. In 2012, Kellogg sent a record 39% of its class into the consulting field which typically pays MBA graduates among the highest starting salaries. By way of comparison, some 25% of Harvard Business School’s output in 2012 headed into consulting, while 20% of Stanford’s graduating class became consultants. Not surprisingly for a school with a stellar reputation in marketing, all the world-class consumer packaging goods companies make their way to Evanston every year to recruit at Kellogg. And in 2012, the number of Kellogg grads venturing into technology hit a record at 12%. Amazon, Apple, Google and Microsoft were among the school’s top 14 employers for 2012. Only two years earlier, Apple and Google didn’t hire a single Kellogg grad.
There’s also new excitement at Kellogg due to Dean Sally Blount who arrived at Kellogg in July of 2010 from New York University’s Stern School where she headed the undergraduate program. Blount has been shaking up the place. In her first year in the job, Blount decided to build a new $200 million modern home for the business school on the waterfront of Lake Michigan and led a reorganization of the top leadership team, the launch of Kellogg’s new branding campaign, and a major strategic review that will put substantive content behind the marketing slogan.
Kellogg’s new positioning statement: “Think Bravely: We believe that business can be bravely led, passionately collaborative, and world changing.”
Blount wants to dramatically increase the size of Kellogg’s superb one-year MBA program in which students forego the chance of a summer internship in exchange for getting the degree in 12 months. Kellogg is the highest ranked school in the U.S. offering a one-year MBA.
Changes in the MBA curriculum seem inevitable. For now, however, the core curriculum for the two-year MBA program at Kellogg consists of nine courses in fundamental areas, including accounting; management and organizations; marketing; finance; managerial economics; decision sciences; operations; and management and strategy. During the Pre-Term orientation sequence of the second year, students are required to complete a half-credit course, Values & Crisis Decision Making, that encompasses much of the knowledge from the first-year core. MBA students must also meet a one-credit global elective requirement through a course such as Cross-Cultural Negotiation, International Finance, International Marketing, International Business Strategy, or Global Initiatives in Management, or through approved study-abroad programs.
In 2012, Kellogg accepted 24% of its applicants and enrolled some 658 graduate students: 477 in the school’s two-year MBA program, a record 100 in the one-year MBA, another 64 in its Triple-M program (a dual-degree program with the school of engineering), and 27 for its JD-MBA joint degree program. The majority (51%) of enrolled students scored between a 700 and a 740 on the GMAT, while 25% scored between 650 and 690. About 17% of the students had super GMAT scores of 750 and up, while 6% scored below 640.
World’s Best Business School Professtors:
Latest Up-To-Date MBA Rankings:
Poets&Quants (2012): 5
BusinessWeek (2012): 5
Forbes (2011): 7
U.S. News & World Report (2012): 4
Financial Times (2012): 16 (Global), 9 (U.S.)
The Economist (2012): 20 (Global), 13 (U.S.)
Among the top 25 business schools, the biggest news is that Northwestern University’s Kellogg School of Management is beginning to show improvement under Dean Sally Blount who took over the school in July of 2010. Her new leadership team has turned the business school upside down, rethinking every aspect of the MBA program and the entire institution. Kellogg rose two places to finish fifth this year, jumping over MIT Sloan and Columbia on Poets&Quants’ 2012 composite list. That puts Kellogg directly behind Harvard, Stanford, Chicago, and Wharton. Pretty elite company.
The school moved forward on the basis of improvement in two key rankings: U.S. News & World Report and The Financial Times. U.S. News ranked Kellogg fourth in 2012, up from fifth a year earlier. More importantly, perhaps, the school moved up two places among the best U.S. schools in the FT survey, rising to ninth from 11th in 2011. Kellogg showed even greater upward movement on the FT’s full global ranking, rising five spots to 16th in 2011 from 21st a year earlier. The school ranked seventh in Forbes’ 2011 list (Forbes, which ranks school solely on the basis of the return on investment of their MBA, did not publish a list in 2012).
As is often the case with rankings, what one source gives another can often take away. The Economist ranked Kellogg 13th among U.S. schools in 2012, down one place from 12th a year earlier. Kellogg also slipped one notch in Bloomberg BusinessWeek’s 2012 ranking to fifth from fourth in 2010. Behind that overall rank, BusinessWeek, which measures schools on the basis of graduate satisfaction, corporate recruiter sentiment and the publication of academic research by professors, hands out rankings for all three of those metrics. The school maintained its fourth place ranking among recruiters, improved its intellectual capital ranking to 24th from 28th two years earlier, and slipped in graduate satisfaction–possibly because of all the changes going on at the school.
In graduate satisfaction, Kellogg ranked 13th, down from sixth in 2010. Blount, however, has put a former McKinsey partner in charge of the MBA program and that person, Betsy Ziegler, has put a laser-like focus on improving satisfaction and trying to exceed the expectations of MBA students. That effort is bound to payoff the next time BusinessWeek surveys Kellogg students in 2014. As one Class of 2012 MBA summed up the experience on a BusinessWeek survey: “Kellogg teaches you to reach deep inside yourself and do some “discovery” during the business school process. For me, that meant learning subjects that I had little experience in (Finance, Marketing). For many others it means leading teams and learning to manage processes. Kellogg teaches you how to work in a team with diverse and highly talented individuals and how to achieve great results through collaboration.”
MBA Program Consideration Set:
2012-2013 Tuition: $113,100
School Recommended Two-Year Budget: $168,908
Average GMAT: 708
GMAT Range (mid-80%): 660-760
Average GPA: 3.59
Acceptance Rate: 24%
Full-Time Enrollment: 1115
Mean Age: 28
Average Base Salary: $116,605
Median Signing Bonus: $20,000
Percentage of MBAs with Job Offers at Graduation: 89%
Percentage of MBAs with Job Offers Three Months Later: 96%
Estimate of Total Pay over a 20-Year Career*: $3,085,680 (one of only seven schools with career pay exceeding $3 million)
Kellogg’s New MBA Gatekeeper
Kellogg To Shrink Two-Year MBA Program
Kellogg Dean Sally Blount’s ‘Brave’ New Strategy
The First 100 Days of a New Kellogg Dean
A Conversation With Legendary Kellogg Dean Don Jacobs
Booth Topples Kellogg in New Executive MBA Ranking
MBA Applications Fall at Kellogg and Booth
Consulting Hires A Record Number of MBAs From Kellogg
B-Schools That Churn Out Consultants
A Harvard MBA Gives Kellogg The McKinsey Treatment
Note: MBA Program Consideration Set: If you believe you’re a close match to this school–based on your GMAT and GPA scores, your age and work experience, you should look at these other competitive full-time MBA programs as well. We list them by stretch, match and safety. These options are presented on the basis of brand image and ranking status as a general guideline.
* Payscale 2010 estimate for Bloomberg BusinessWeek.
From the Kellogg School of Management:
ABOUT THE KELLOGG SCHOOL OF MANAGEMENT
“Growth has long been the imperative and continues to be the biggest challenge that every organization faces,” said Kellogg Dean Sally Blount ‘92. “But the rules have changed since 2000. Bigger is not always better. Sometimes growth means pulling back to attain greater clarity and focus.” At Kellogg, we understand what it takes to be a leader in this environment. We develop brave leaders who inspire growth in people, organizations and markets.
Our unique capabilities allow us to develop growth-minded leaders through:
- Our distinctive approach to thought leadership: Kellogg has built a unique, cross-disciplinary model, one that integrates our strong foundational departments with strategic initiatives that address the emerging issues in business. As a result, our faculty generate leading-edge research and develop a richer curricular experience for our students.
- Our innovative portfolio: There are a variety of Kellogg programs designed to help you achieve your professional and personal goals — no matter your career stage and experience.
- Our vibrant community: Find a culture that is courageous, driven and supportive. Our environment encourages teamwork and intelligent risk-taking.
At Kellogg, students gain:
A balanced and dynamic skill set combining intellectual and practical capabilities, built on rigorous research foundations and honed through intense engagement with faculty, peers and real-world practice.
- Recognizing that business challenges aren’t always confined to particular functions, we’ve organized our thought leadership in a matrixed fashion around both traditional departments and our four strategic initiatives. This thought leadership translates directly into what and how we teach.
- In three years, Kellogg has launched more than 55 new courses, comprising 25 percent of our total curriculum. This includes: six new courses focused on growth and scaling, ranging from scaling operations to personnel management in a rapidly growing organization; 12 new entrepreneurship courses; and three new courses in data analytics, creating the most robust data analytics curriculum in the industry with a total of 11 electives.
- Discover more than 1,000 experiential learning opportunities will prepare you to drive growth throughout your career.
A growth-minded leadership perspective that fosters personal and professional growth and forges connections across people, organizations, communities, sectors and markets.
- During their time at Kellogg, students have a unique opportunity to develop, refine and strengthen their leadership style through experiences inside and outside of the classroom, including leadership opportunities in more than 100 clubs. They have the resources to identify their strengths, address their weaknesses and accelerate their leadership development.
- Kellogg’s Career Management Center, top-ranked among business schools, offers unparalleled professional development and personalized support to create your own strategic career plan for identifying and pursuing the best opportunities for you.
- Your career support includes a responsive global network of 58,000 Kellogg alumni — successful leaders across all types of industries and endeavors — who can contribute significantly to your long-term personal and professional growth.
Global acuity that is built on a deep understanding of global market dynamics, customer needs, cross-sector interdependencies and organizational architectures.
- Kellogg has the largest integrated global footprint that includes seven Executive MBA campuses and 37 exchange programs across 20 countries.
- Find the broadest array of immersion opportunities and rich cross-cultural experiences, including the new International Growth Lab, a course where students from Kellogg and a partner school will collaborate remotely and on the ground to develop international growth strategies for global companies. This program provides the opportunity to gain real-world experience managing diverse teams across geographic boundaries and time zones.
The Kellogg MBA is delivered through a Full-Time, Part-Time or Executive MBA experience:
- The Kellogg One-Year MBA Program is an accelerated option that allows students to build on pre-existing business fundamentals and get back in the workforce with new skills and knowledge to propel their career forward. Unlike other one-year MBA programs that consolidate two years of classes into one, Kellogg’s One-Year Program sees students bypass the core curriculum to focus on advanced studies that support their personal and professional goals. The program is currently in its 50th year and was one of the first one-year MBA programs in the country. This program begins in June.
- The Kellogg Two-Year MBA Program provides a truly immersive experience with great flexibility to explore a variety of interests and disciplines while developing management and leadership skills. Students begin the program by building core management fundamentals and then move on to advanced, specialized electives that reflect their area of interest. The program begins in September.
- Kellogg was the first school to offer an immersive, integrative dual-degree MMM program that gives students a rigorous business education and a solid foundation in design innovation. The program equips future business leaders to drive the entire innovation lifecycle of a product or service. When students graduate, they receive an MBA from Kellogg and an MS in Design Innovation from the Segal Design Institute at Northwestern University’s McCormick School of Engineering and Applied Science. This two-year program begins in June.
- Kellogg offers a dual-degree JD-MBA Program with Northwestern Law. The program — also the first of its kind — offers students the tools they need for success, whether they aspire to be a business leader with legal expertise or want to pursue a law career with a solid foundation in management. The program begins in September and takes three years to complete, rather than the five it would take to complete both degrees separately.
- Kellogg’s Part-Time Program allows working professionals to earn an MBA from Kellogg without interrupting their professional life. Whether you plan to change careers or move up in your current industry, the Kellogg School’s broad-based curriculum and global focus will give you the tools you need to succeed. Students have the option to choose between evening or Saturday schedules. Both programs traditionally take between two and five years to complete.
- There also is an accelerated option for students who enroll with core prerequisites. The accelerated option is offered for both evening and Saturday programs, and typically takes between 1.25 and four years to complete.
- The Saturday program is a great fit for Chicago residents pursuing a full-time career during the week, as well as for students outside of the city willing to travel to Chicago for the weekend.
- Students can start the Part-Time evening program in any quarter: fall, winter, spring or summer. The Part-Time Saturday program begins in June.
Executive MBA Program
- You need local expertise to be successful in the global economy. That is why The Kellogg Executive MBA Global Network, combines the power of the Kellogg MBA, with deep local knowledge. The Network is the largest and most prestigious global network and spans across seven campuses around the world. Students from all network schools come together each year during international live-in weeks in Chicago. Students can also study global electives in Chicago, Miami, Germany, Israel, Canada, Hong Kong and mainland China.
- Domestically, Kellogg’s Executive MBA program is offered on two campuses, one located just north of Chicago in Evanston, Ill., and the other on the Miami campus in Coral Gables, Fla.
- The Kellogg Executive MBA Program emphasizes a general management curriculum combined with teamwork, cross-cultural collaboration and leadership development for senior and midcareer executives.
- The Executive MBA Program begins in January and September at both the Evanston and Miami campuses.
For more information, visit kellogg.northwestern.edu.