![]() | |
Former names |
|
---|---|
Motto | Inspiring Growth |
Type | Private business school |
Established | 1908 |
Parent institution | Northwestern University |
Endowment | $1.081 billion (as of June 30, 2022) [1] |
Dean | Francesca Cornelli |
Postgraduates | 1,162 |
Location | , , United States 42°03′02″N87°40′30″W / 42.05045°N 87.67507°W |
Website | kellogg |
The Kellogg School of Management at Northwestern University (branded as Northwestern Kellogg) is the business school of Northwestern University, a private research university in Evanston, Illinois. It was founded in 1908 as the School of Commerce.
The school was founded in 1908 as Northwestern University's School of Commerce. It offered a part-time evening program. It was a founding member of the Association to Advance Collegiate Schools of Business, that sets accreditation standards for business schools. [2] The school played a major role in helping to establish the Graduate Management Admission Test. [3] Also, researchers associated with the school have made contributions to fields such as marketing and decision sciences. [4] [5] [6] [7] For instance, Walter Dill Scott, a pioneer in applied psychology, helped establish some of the earliest advertising and marketing courses in the first decade of the twentieth century. [8] [9] He went on to serve as president of Northwestern University from 1920 to 1939. [8] [10] [11] [12] More recently, Philip Kotler and Sidney J. Levy's groundbreaking 1969 Journal of Marketing article, "Broadening the Conception of Marketing," laid the foundations for a greatly expanded understanding of marketing. [13] Similarly, Kotler's Marketing Management text has played a key role in deepening the field's scholarship. [14] [15]
In 1919, Ralph E. Heilman, a Northwestern graduate with a doctorate from Harvard, was appointed the dean of the school. And in the next year, the school launched a graduate program leading toward the Master of Business Administration degree, drawing nearly 400 students in its first two years. [16]
In 1951, the school began offering executive education courses. The Institute for Management, a four-week summer program based in Evanston, expanded the following year to two sections. The program's success eventually led to it being expanded in Europe in 1965 with a similar program offered in Bürgenstock, Switzerland. In 1976, the school expanded its executive education offerings in Evanston, introducing a degree-granting program known as the Executive Management Program (EMP, today known as the Executive MBA Program). A watershed event in the school's history was the opening of the James L. Allen Center, home of the Kellogg executive education programs. The vision of Dean Donald P. Jacobs (deanship 1975–2001; on faculty in Finance Department since 1957), the Allen Center enlisted the help of significant business figures in the Chicago-area, most notably James L. Allen, a Kellogg alumnus and co-founder of consultancy Booz Allen Hamilton. The Allen Center's cornerstone was laid in 1978 while the facility officially opened Oct 31, 1979.
In 1956, the school was renamed the School of Business; little more than a decade later, in 1969, the school once again changed its name, this time to the Graduate School of Management, a designation that reflected the demand among the business community for sophisticated managers trained in both analytical and behavioral skills. Also, this training was oriented toward general management, rather than narrowly functional skills, as had mostly been the case in many business schools for much of the 20th century. The training was designed to provide management skills suitable for leadership roles whether in the corporate, public, or nonprofit sectors – rather than careers focused solely on traditional business. To reflect this change, the school in 1969 stopped issuing the MBA credential in favor of the MM, or master of management degree. A point of differentiation for nearly three decades, the school more recently returned to the traditional MBA. [17]
These dramatic changes were predicated upon a key change under Dean John Barr (1965–1975): In 1966, Northwestern elected to discontinue its highly respected undergraduate program (the School of Business) to focus its energies solely on graduate education. The school decided to pursue a research-based faculty. It quickly attracted a number of world-class quantitative experts, many in the field of game theory, to build the school's Managerial Economics and Decision Sciences Department. This department was founded in 1967 and initially led by Professor Stanley Reiter. [4] [18] [19] [20]
In 1979, in honor of a $10 million gift made to the school on behalf of John L. Kellogg, son of W.K. Kellogg, [21] the school was renamed as the J.L. Kellogg Graduate School of Management. The funds allowed the school to significantly expand its research and teaching mission by establishing three endowed professorships; two major centers of interdisciplinary research; four research professorships; and a large dormitory. Even before the Kellogg gift, the school had been expanding its research-focused faculty: In 1978 alone, the school added six additional "named" professorships and two new research professorships. [22]
In 2001, its name was shortened to the Kellogg School of Management. [22]
In June 2009, Kellogg announced that Dipak C. Jain would step down after eight years as dean and return to teaching. [23] On September 1, 2009, Sunil Chopra, former Senior Associate Dean for Curriculum and Teaching and the IBM Distinguished Professor of Operations Management, assumed the role of interim dean while a search committee worked to find a permanent replacement. Later in 2009, Northwestern University announced plans to construct a new building at the northeast corner of its Evanston campus to serve as Kellogg's new home. The new facility, called the Global Hub, opened in March 2017 adjacent to Lake Michigan and includes classrooms, faculty offices, collaborative learning spaces, and administrative offices. [24] [25]
In March 2010, Kellogg announced that Sally Blount would replace Sunil Chopra as dean, starting in July. Blount was the dean of the undergraduate college, and vice dean of the Stern School of Business at New York University. [26] Dean Blount launched ambitious marketing and capital campaigns. These started in 2011 with the Think Bravely campaign, [27] and subsequently announced a new Inspiring Growth campaign in 2014. This campaign is focused on the dual meaning of creating economic value while increasing self-knowledge and insight. [28]
On February 6, 2012, Blount unveiled a seven-year plan, Envision Kellogg, aimed at restructuring the business school and launching Kellogg to the top of global rankings. [29] As of 2018, $365 million dollars of the campaign target of 350 million dollars have been raised. [28] On July 12, 2018, Kathleen Hagerty was named interim dean while Kellogg searched for a new dean. [30] In February 2019, Kellogg announced that Francesca Cornelli would succeed Hagerty as dean.
The Kellogg School's full-time and Executive MBA facilities are situated along the shores of Lake Michigan in Evanston, Illinois, on Chicago's North Shore, while the school's evening and weekend MBA program is housed on Northwestern's Downtown Chicago campus in Wieboldt Hall, between the law and medical schools. The downtown campus is also on Lake Michigan to the east and close to Michigan Avenue to the west. In January 2006, Kellogg opened a new campus for its EMBA program for Latin American executives in Miami. [31]
Students in the Kellogg full-time program take the majority of their classes at the Global Hub, which opened on March 28, 2017. This 415,000 square-foot building is located on the shores of Lake Michigan. Toronto-based Kuwabara Payne McKenna Blumberg Architects designed this building. [32] The Global Hub is built-out in four directions surrounding two atriums and numerous other commons areas. The building includes a design lab with 3D-printing equipment and an art studio. [33]
Kellogg was the first business school in the world to insist that all applicants be interviewed to assess their leadership potential and suitability for the Kellogg School's cooperative environment. [34] As a result, in addition to grades, GMAT scores, professional achievement, and demonstrated leadership, 'fit' is an important part of the admissions equation at Kellogg. [34]
Kellogg offers full-time MBA, Executive MBA, MMM (MBA + MSDI), JD-MBA, MBAi, MD-MBA, evening and weekend MBA, Master of Science in Management Studies programs, course offerings for programs such as MEM as well as Ph.D. programs in several fields, and non-degree executive education programs. [35]
The regular MBA program at Kellogg requires two years to complete. Kellogg accepts the Graduate Record Examination in addition to the GMAT from applicants. [36] Students may choose from seven majors including accounting, economics, finance, marketing, operations, strategy, and managing organizations. If a student does not elect a major "General Management" will appear on their transcript. In addition to majors, Kellogg offers "pathways" to students who want to build expertise in certain industries. These include data analytics, entrepreneurship, growth and scaling, healthcare, real estate, social impact, and venture capital & private equity.
Kellogg offers a one-year MBA program for students who have already completed a specified list of prerequisite courses, including undergraduate-level financial accounting, statistics, finance, economics, marketing, and operations. The one-year program began in 1965 and has more than 3,500 graduates around the world. Program graduates include Robert Eckert '77, former chairman and CEO, Mattel; Richard Lenny '77, former chairman and CEO, the Hershey Company; and Thomas J. Wilson '80, chairman and CEO, Allstate. With the exception of the two-year MBA at London Business School, European MBA's are one year, as at INSEAD in France, IMD in Switzerland, IE Business School in Madrid and Oxford's Saïd Business School. [37]
MBAi
The MBA, Artificial Intelligence (MBAi) Program is a 15-month (5-Quarter) joint degree program between the Kellogg School of Management and the Robert R. McCormick School of Engineering and Applied Science. Students earn an MBA degree from Kellogg School of Management by the end of the program.
Graduates of the MMM program earn both an MBA from Kellogg and an MS in Design Innovation from the Segal Design Institute at the Robert R. McCormick School of Engineering and Applied Science. This seven-quarter program begins in the summer before the traditional fall start of a two-year program. [38]
In cooperation with the Northwestern Pritzker School of Law, Kellogg offers a program that leads to earning a JD and an MBA in just three years. Students spend their first year in law school where they study the standard curriculum. During the first summer and second-year, students study entirely at Kellogg. The second summer students choose to devote their time to either law or business entirely. During the final year, most classes are spent at the law school, but students may take some electives at the business school. [39]
Kellogg offers an Evening & Weekend MBA (E&W MBA) program aimed towards students who continue to develop their careers as they pursue their MBA degree. Within the E&W MBA program, Kellogg offers both an evening program and a weekend program. The E&W MBA requires 20.5 credits to complete. Kellogg also offers an accelerated option for students who have previous academic or industry experience in MBA-relevant subjects like accounting, marketing, and corporate finance. The accelerated option only requires 15.5 credits to complete. Students in the evening program typically take two classes per quarter, which allows them to finish the program in 2.5 years. The program must be completed within five years of starting, which can be accomplished by taking one class every quarter or by a combination of taking multiple classes per quarter and taking some quarters off. Classes for the evening & weekend program are offered at the downtown Chicago campus located at Wieboldt Hall, but students can take classes at the main campus as well.
Kellogg offers an Executive MBA program designed for senior and mid-career executives. Executives can choose between two campuses, Evanston and Miami, and also two schedules, one weekend a month or two weekends a month.
Kellogg awarded its first Doctor of Philosophy (Ph.D.) degree in 1927. Since then, more than 950 Kellogg Ph.D. alumni have gone on to positions within academia and business. Seven programs of study are offered: Accounting Information and Management, Finance, Management and Organizations, Management and Organizations and Sociology, Managerial Economics and Strategy, Marketing, and Operations Management. The program is full-time on the Evanston campus. Students typically graduate in five years.
Kellogg offers joint executive MBA degree programs with—and grant Kellogg degrees to—these schools:
48% of the students in Kellogg's full-time MBA program for the Class of 2024 are women. Just four years prior, only 38% of the full-time MBA class was composed of women. 37% of the Class of 2024 consists of minorities. 38% of the Class of 2024 consists of international students. The Class of 2024 achieved an average GMAT score of 729. Average undergraduate GPA was 3.7 for the Class of 2024. [41]
Based on the school's 2022 employment statistics, 40% of full-time MBA graduates were employed in consulting, 21% in technology, and 16% in financial services. [42]
Business School International Rankings | |
---|---|
U.S. MBA Ranking | |
QS (2024) [43] | 6 |
Financial Times (2024) [44] | 3 |
LinkedIn (2023) [45] | 6 |
Bloomberg (2024) [46] | 7 |
U.S. News & World Report (2024) [47] | 3 |
Global MBA Ranking | |
QS (2024) [48] | 12 |
Financial Times (2024) [49] | 6 |
In the most recent rankings of U.S. business schools, Kellogg is ranked 2nd by U.S. News & World Report, [50] In addition, Kellogg MBA has consistently been ranked 1st in Marketing by U.S. News & World Report. [51]
Three of the Kellogg School's other executive MBA programs are also ranked 5th by the Financial Times in 2022. The Kellogg-HKUST Executive MBA Program at the Hong Kong UST Business School is ranked No. 2 in the world, the school's Kellogg-Schulich Executive MBA program at York University in Canada is ranked No. 33 in the world, while the school's Kellogg-WHU Executive MBA program at WHU Business School in Germany is ranked No. 22 in the world. [52]
The Kellogg-HKUST Executive MBA Program consistently ranks in the No. 1 position;[ citation needed ] EMBA was ranked No. 1 in Canada by the Financial Times. [52]
Students tend to be very active in impacting the local Evanston and Chicago communities, and frequently collaborate on philanthropic causes. One example combining the campus culture and passion for giving is the annual Charity Auction Ball, held each winter quarter. [53]
Unlike many peer schools, Kellogg does disclose grades to recruiters. The issue of grade disclosure was last voted on by students in 2005, and a process exists whereby Kellogg students can vote to change the policy. [54]
Kellogg has an alumni network of over 67,000 graduates working in nearly every industry and endeavor. Alumni can participate in over 60 active regional alumni clubs and more than 20 special interest clubs. The Kellogg Alumni Council helps strengthen connections among alumni. In 2022, there were active KAC members in North America, Latin America, Europe, and Asia.
Current Kellogg students are encouraged to interact with alumni on a number of levels. Most recently, the evening & weekend MBA program introduced the Kellogg Alumni Mentorship Program (KAMP). KAMP asks current students and alumni to fill out a short survey and then matches mentors and mentees by areas of interest. [55] Alumni Clubs like The Kellogg Alumni Club of Chicago provide alumni with the opportunity to enrich their connections, careers, and lives through an ongoing array of social, professional development and networking events that are offered exclusively to Kellogg alumni living in the Chicago area. [56]
A Master of Business Administration is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounting, applied statistics, human resources, business communication, business ethics, business law, strategic management, business strategy, finance, managerial economics, management, entrepreneurship, marketing, supply-chain management, and operations management in a manner most relevant to management analysis and strategy. It originated in the United States in the early 20th century when the country industrialized and companies sought scientific management.
The Wharton School is the business school of the University of Pennsylvania (UPenn), a private Ivy League research university in Philadelphia. Established in 1881 through a donation from Joseph Wharton, a co-founder of Bethlehem Steel, Wharton School is the world's oldest collegiate business school.
The Walter A. Haas School of Business is the business school of the University of California, Berkeley, a public research university in Berkeley, California. It was the first business school at a public university in the United States.
The Stanford Graduate School of Business is the graduate business school of Stanford University, a private research university in Stanford, California. For several years it has been the most selective business school in the United States, admitting only about 6% of applicants.
London Business School (LBS) is a business school and a constituent college of the federal University of London. LBS was founded in 1964 and awards post-graduate degrees. Its motto is "To have a profound impact on the way the world does business".
The Amos Tuck School of Business Administration at Dartmouth College is the graduate business school of Dartmouth College, a private Ivy League research university in Hanover, New Hampshire. The school only offers a Master of Business Administration degree program.
The Darden School of Business is the graduate business school of the University of Virginia, a public research university in Charlottesville, Virginia. The school offers MBA, PhD, and Executive Education programs.
Emory University's Goizueta Business School is a private business school of Emory University located in Atlanta, Georgia, United States. It is named after Roberto C. Goizueta, former Chairman and CEO of The Coca-Cola Company.
The Mitchell E. Daniels, Jr. School of Business is the school of business at Purdue University, a public research university in West Lafayette, Indiana. It offers instruction at the undergraduate, master's, and doctoral levels.
The Samuel Curtis Johnson Graduate School of Management is the graduate business school in the SC Johnson College of Business at Cornell University, a private Ivy League university located in Ithaca, New York. It was founded in 1946 and renamed in 1984 after Samuel Curtis Johnson, founder of S.C. Johnson & Son, following his family's $20 million endowment gift to the school in his honor—at the time, the largest gift to any business school in the world.
The John E. Anderson Graduate School of Management is the graduate business school at the University of California, Los Angeles. The school offers MBA, PGPX, Financial Engineering, Business Analytics, and PhD degrees. It was named after American billionaire John E. Anderson in 1987, after he donated $15 million to the School of Management.
The Joseph M. Katz Graduate School of Business is the graduate business school of the University of Pittsburgh located in Pittsburgh, Pennsylvania. Although business education had its origins at the university in 1907, the Graduate School of Business was established in 1960 from a merger of its predecessors, the School of Business Administration and the Graduate School of Retailing. It was renamed in 1987 after businessman and university alumnus benefactor Joseph Katz. The school offers a traditional, accelerated, part-time, business analytics, and executive Master of Business Administration (MBA) degrees as well as Master of Science degrees in Accounting, Business Analytics, Finance, Information Systems, Management, Marketing, Supply Chain Management and several Ph.D. programs in business. Katz is regularly ranked in the top 5% of Association to Advance Collegiate Schools of Business-accredited schools and in the top 0.3% of schools worldwide that grant business degrees.
WHU – Otto Beisheim School of Management is a private German business school with campuses in Vallendar and Düsseldorf, Germany. As of September 2023, there are 1,989 students at WHU, about 248 employees and 59 professors.
The University of Connecticut (UConn) School of Business is the University of Connecticut's graduate and undergraduate public business school. It spans across four campuses, with the main campus located in Storrs, Connecticut.
The Penn State Smeal College of Business at the Pennsylvania State University offers undergraduate, graduate, and executive education programs to more than 6,000 students. Accredited by the Association to Advance Collegiate Schools of Business (AACSB), Smeal, is home to more than 150 faculty members who teach and conduct academic research on a range of business topics. The college also features a network of industry-supported research centers.
The Leonard N. Stern School of Business is the business school of New York University, a private research university based in New York City. Founded as the School of Commerce, Accounts and Finance in 1900, the school received its current name in 1988.
The Guanghua School of Management, Peking University (北京大学光华管理学院) is the business school of Peking University, a public university in Beijing, China.
Tsinghua University School of Economics and Management (清华大学经济管理学院) is the management school of Tsinghua University in Beijing, China. The school offers undergraduate, master, doctoral, and many executive education programs, with a total enrollment of more than 3,000 students.
The Gabelli School of Business is the undergraduate and graduate business school of Fordham University, a private Jesuit research university in New York City, New York.
The R.B. Pamplin College of Business, is Virginia Tech's business school. Founded in 1965, it has more than 41,000 alumni. The current Dean is Saonee Sarker. In 1986 the college was renamed following a donation from alumnus Robert B. Pamplin and his son Robert B. Pamplin Jr.
{{cite journal}}
: Cite journal requires |journal=
(help)