Northwestern University

Program Basics

• • Full-Time Kellogg MBA Program
  • Kellogg School of Management
  • 2001 Sheridan Road
  • Donald P. Jacobs Center
  • Evanston, 60208, Illinois
  • United States
  • Program Web site: http://www.kellogg.northwestern.edu/
  • Status: Private
  • Program e-mail address: mbaadmissions@kellogg.northwestern.edu
  • Graduate business school is accredited by:
    • Association to Advance Collegiate Schools of Business (AACSB)

SCHOOL BASICS

• Graduate business school enrollment:

  • Total: 2,606
  • Full-Time MBA: 1,115
  • Part-Time MBA: 961
  • Executive MBA: 389
  • PhD Program: 141

PROGRAM COSTS

• Total direct costs (tuition and required fees) of the entire MBA program:

  • Resident: $108,000.00
  • Nonresident: $108,000.00
  • Recommended annual budget (Resident): $81,229.00
  • Recommended annual budget (Nonresident): $81,229.00

PROGRAM LENGTH

• • Full-time program (months): 22

ADMISSIONS

• Application Deadlines

  • Semester: Fall 2012
  • Deadline: Oct 18, 2011
  • Semester: Fall 2012
  • Deadline: Jan 10, 2012
  • Semester: Fall 2012
  • Deadline: Apr 5, 2012
• • Does the program have rolling admissions? No
  • Is proficiency in English required for admission? Yes
  • Is a minimum score on an English language proficiency test required? No

• Which English language proficiency tests are accepted?

  • • TOEFL Internet Based Test
    • TOEFL Paper-based Test

• Relative Importance of Application Elements:

  • GMAT Score: Very Important
  • Resume/Work Experience: Very Important
  • Application Essays: Very Important
  • Interviews: Very Important
  • Recommendations: Very Important
  • Undergraduate Transcripts: Very Important

APPLICANTS

• • Applications (admitted and denied) to the newest class: 4,974
  • Applicants who were accepted to the most recent class: 20 %
  • Applicant interviews are: Required
  • Applicants (admitted and denied) who were interviewed: 87 %
  • Admitted applicants who were interviewed: 100 %

APPLICANT POOL

• • International applications received: 45 %
  • Applications from women received: 29 %
  • Mean base salary forgone: $73,960.00
  • Median base salary forgone: $72,000.00

CLASS PROFILE

• Full-time students in newest entering class (2010-2011) that are:

  • Female: 33 %
  • International: 34 %

• Students from following regions:

  • Africa: 1 %
  • Asia: 20 %
  • Europe: 4 %
  • North America: 70 %
  • Latin America and the Caribbean: 4 %
  • Oceania: 1 %

• Percentage of U.S. students in newest entering class who are from the following regions:

  • Northeast: 27 %
  • Mid-Atlantic: 12 %
  • South: 7 %
  • Southwest: 8 %
  • Midwest: 29 %
  • West: 18 %
• • Mean months of work experience of newest entering class: 60
  • Median months of work experience of newest entering class: 57

• Middle 80% range of work experience of newest entering class in months:

  • From: 37
  • To: 85
• • Median age of entering class: 27
  • Mean age of entering class: 28

FINANCIAL AID

• • Full-time MBAs apply for financial aid through: Dedicated financial aid office at the B-school
  • Full-time MBAs receiving financial aid in the current academic year: 65 %
  • Mean MBA financial aid package for the current academic year: $53,504.00
  • Median MBA financial aid package for the current academic year: $61,730.00
  • On what basis are scholarships awarded?
    • a combination of need and merit
    • academic merit
  • How does an applicant apply for scholarship consideration? all candidates are considered for scholarship
  • Mean scholarship awarded to full-time MBAs in the previous academic year: $15,254.00
  • Does the school offer a guaranteed loan to all MBAs regardeless of nationality? No
  • Mean outstanding debt among the most recent graduates from the full-time MBA program: $91,648.00

GMAT

• • Are applicants required to take the GMAT? Yes
  • Are applicants allowed to submit the GRE? Yes

• GMAT score distribution (applicant pool):

  • 10th Percentile 640
  • Average GMAT Score 700
  • 50th Percentile (median) 710
  • 25th Percentile 680
  • 75th Percentile 730
  • 90th Percentile 750

• GMAT score distribution (incoming class):

  • 10th Percentile 660
  • 25th Percentile 700
  • 50th Percentile (median) 710
  • 75th Percentile 740
  • Average GMAT Score 714
  • 90th Percentile 760

CLASS OFFERINGS

• • Average number of students in a full-time MBA core class: 66
  • Average number of students in a full-time MBA elective class: 39
  • Elective courses available to full-time MBA students: 161

• Electives that have been added to the full-time program since June 30, 2010:

  • Social Impact Marketing; Social Dynamics and Networks
  • Social Entrepreneurship;Online Commerce
  • Managing Innovation Challenges and Contexts
  • Marketing in Developing Economies
  • Design Lab;International Trade and Commerce

• Concentrations and specializations offered to full-time MBA students:

  • • Finance
    • Entrepreneurship
    • Marketing
    • Health Care Administration
    • Real Estate
    • Accounting
    • Human Resource Management
    • Operations Management
    • Strategy
    • Economics
    • Organizational Behavior
    • Corporate Social Responsibility
    • International Business
    • Statistics and Operations Research
    • Media/Entertainment

• Joint-degree programs offered to full-time MBAs:

  • • MBA/JD (Law)
    • MBA/Meng (Engineering - Manufacturing Management)
• • Does the school offer an accelerated full-time MBA program? Yes

• The school believes that its leading areas of study for full-time MBA students are:

  • • Finance
    • General Management
    • Marketing
    • Leadership
    • Strategy

FACULTY

• • Faculty employed by the B-school: 290

• Full-time faculty:

  • Tenured: 106
  • Non-Tenured: 116

• Adjunct/Visiting Faculty:

  • Tenured: 19
  • Non-Tenured: 84

• Women on Faculty:

  • Tenured: 18
  • Non-Tenured: 42

• Minority Faculty:

  • Tenured: 15
  • Non-Tenured: 33

• International Faculty:

  • Tenured: 34
  • Non-Tenured: 64

• Faculty with PhDs:

  • Tenured: 106
  • Non-Tenured: 99

STUDENT LIFE

• Professional clubs available to full-time MBA students:

  • • Biotech/Health care
    • Business Law
    • Corporate Social Responsibility/NetImpact
    • Entrepreneurship
    • Consulting
    • Other
    • Finance
    • Marketing
    • Nonprofit
    • VC/ Private Equity
    • Environmental
    • High Tech
    • Information Technology
    • Investment Banking
    • Manufacturing
    • Media & Entertainment

• Networking clubs available to full-time MBA students:

  • • Black MBA Association
    • Hispanic Student Organization
    • International Club
    • Partners/Family
    • Women in MBA
    • Other
    • Volunteer
    • Gay/Lesbian/Bisexual
    • Wine

TEACHING/ACADEMICS

• Teaching methods used:

  • Case Study: 30 %
  • Experiential Learning: 10 %
  • Lectures: 30 %
  • Simulations: 5 %
  • Team Projects: 25 %

• Requirements for graduation:

  • • Students are required to complete international experience
    • Students must have attended a minimum number of classes
    • Students must have earned a pre-determined GPA/Letter grade average

TECHNOLOGY

• • Technology improvements in the last three academic years: Computing devices upgraded.Provision of laptop loaner pool/managed hardware repair provided to all FT students.MS 2010 Collaboration Suite deployed.Admissions and career systems upgraded.Online career resources expanded.Social networking presence created;online student club environment launched; student-wide internal wiki launched.Video conferencing and capture upgraded.Central research server and computing cluster upgraded.Virtualization infrastructure for servers expanded.
  • Amount spent: $17,000,000.00

B-SCHOOL ALUMNI

• • Living MBA alumni: 42,811
  • Active MBA alumni clubs: 82
  • Countries in which MBA clubs exist: 41
  • Did school receive an individual gift in excess of $10 million in the past academic year? No
  • Business School endowment: $708,000,000.00
  • Does the main university offer career placement services for alumni? Yes
  • Does the main university have an alumni networking Web site? Yes
  • University alumni networking site: http://alumni.northwestern.edu/
  • Does the B-School have an alumni networking Web site? Yes
  • Business school alumni networking site: http://alumni.kellogg.northwestern.edu/
  • Does the B-SCHOOL offer career services for alumni? Yes
  • Do current MBA students have access to an alumni database? Yes

CAREER SERVICES

• • Graduates seeking full-time professional MBA employment: 84 %
  • Graduates not seeking employment: 12 %
  • Graduates for whom you have no information regarding employment: 5 %

• Annual job-searching trips that the school coordinates or participates in:

  • Destination: Wall Street/New York City – Investment Banking
  • Month: November
  • Amount Paid By School: None
  • Destination: Los Angeles - Media
  • Month: November
  • Amount Paid By School: None
  • Destination: New York City – Private Equity
  • Month: November
  • Amount Paid By School: None
  • Destination: Bay Area California – High Tech
  • Month: December
  • Amount Paid By School: None
  • Destination: Hong Kong – Investment Banking
  • Month: December
  • Amount Paid By School: None

• Primary source of job offer:

  • School-facilitated activities: 72 %
  • Graduate-facilitated activities: 26 %
  • No information provided by graduate: 2 %

• Job Offers for 2011 graduates

  • Received first job offer by graduation: 86 %
  • Received first job offer in three months following graduation: 8 %
  • Did not report having received a job offer: 6 %
  • Accepted first job offer by graduation: 85 %
  • Accepted first job offer in three months following graduation: 8 %
  • Did not report having accepted a job offer: 7 %

• Top recruiting organizations most recent academic year:

  • McKinsey & Company 34
  • The Boston Consulting Group 30
  • Bain & Company 24
  • Accenture 9
  • Citi 9
  • Deloitte Consulting LLP 9
  • Amazon 7
  • Booz & Company 7
  • Apple, Inc. 6
  • Danaher Corporation 6
  • Johnson & Johnson 6
  • PepsiCo, Inc. 6
  • Procter & Gamble 6
  • Google, Inc. 5
  • IBM – International Business Machines Corporation 5
• • Job-accepting graduates who received a signing bonus: 73 %

• Base salary, signing bonuses and other compensation for most recent employed graduates:

  • Mean base salary: $111,846.00
  • Median base salary: $110,000.00
  • Mean signing bonus: $24,182.00
  • Median signing bonus: $20,000.00
  • Mean other guaranteed compensation: $31,867.00
  • Median other guaranteed compensation: $20,000.00

• Graduating students who accepted jobs in the following functional areas:

  • Consulting: 43 %
  • Finance/Accounting: 20 %
  • General Management: 8 %
  • Human Resources: 0 %
  • Marketing/Sales: 23 %
  • Management Information Systems: 1 %
  • Operations/Logistics: 1 %
  • Other: 4 %

• Graduating students who accepted jobs in the following industries:

  • Government: 0 %
  • Consulting: 35 %
  • Consumer Products: 11 %
  • Financial Services: 19 %
  • Manufacturing: 4 %
  • Media/Entertainment: 2 %
  • Non-Profit: 0 %
  • Petroleum/Energy: 2 %
  • Pharmaceutical/Biotechnology/Health Care: 7 %
  • Real Estate: 2 %
  • Technology: 12 %
  • Other: 6 %

• Graduates who accepted full-time jobs in the following regions:

  • Africa: 1 %
  • Asia: 7 %
  • Europe: 1 %
  • North America: 87 %
  • Oceania: 0 %
  • Latin America and the Caribbean: 4 %

• Within the U.S., graduates who accepted full-time jobs in the following regions:

  • Northeast: 26 %
  • Mid-Atlantic: 3 %
  • South: 4 %
  • Southwest: 7 %
  • Midwest: 39 %
  • West: 21 %
  • Possessions and territories: 0 %

• Top recruiting organizations for internships, most recent academic year:

  • McKinsey & Company 29
  • The Boston Consulting Group 28
  • Bain & Company 20
  • PepsiCo, Inc. 11
  • Target Corporation 11
  • Deloitte Consulting LLP 9
  • Apple, Inc. 8
  • BD – Becton, Dickinson and Company 7
  • Groupon Inc. 7
  • Bank of America 6
  • Blackberry/Research in Motion 6
  • Google, Inc. 6
  • J.P. Morgan 6
  • Johnson & Johnson 6
  • Microsoft Corporation 6
• • Internships awarded that are paid: 95 %

• Weekly internship compensation:

  • Mean: $1,867.00
  • Median: $1,875.00

SCHOOL COMMENTS

• • School Comments: The Kellogg School is a premier institution for management education, was founded in 1908 and is based just outside of Chicago. Kellogg is home to a renowned, research-based faculty and MBA students from around the world. Kellogg’s academic portfolio includes the Full-Time, Part-Time and Executive MBA Programs, the Ph.D. Program, and the non-degree Executive Education Program. The school offers two joint-degree programs: the JD-MBA and the MMM (MBA-MEM).

• • -Kellogg's program provides an integrated approach to management education, with a host of electives taught by some of the leaders in their respective fields. Ample opportunities abound for developing leadership skills and pursuing interests outside of one's intended professional path. Moreover, the professors care about how their students are progressing, both academically and professionally, and they are available to meet and offer guidance. Finally, students with initiative can change the program for the better--the administration is receptive to student-led initiatives.
    
    -I came to business school hoping for a two year "vacation" where I could network; however, I ended up being blown away by the academics. I learned so much and was so engaged in all of my classes that I took an overload of courses every quarter. The relationships I made and the sense of community at Kellogg is phenomenal--my dad passed away during school and the outpouring of support was amazing. Additionally, over 30 students pitched in a helping hand or did a class project related to my start-up; the collaborative atmosphere where everyone wants to help each other succeed was truly amazing.
    
    -The program has a terrific, well-rounded curriculum, collegial environment, down-to-earth students, and can open doors across almost any industry. The only type of person I would not recommend it to is someone who has a highly individualistic approach to education, or who is looking to enter a specialized field where other schools may have an edge (e.g. hedge funds).
    
    -I don't believe the Kellogg brand was enough to leverage me into a career change in a tough economic environment. Moreover, the Career Center staff is downright incompetent.
    
    -I had high expectations for Kellogg, but they were surpassed. I loved the non-obvious ways that Kellogg prepares you for future leadership. Clubs are a big deal here, and virtually everything the school does is run by students, giving you ample opportunity to practice and strengthen leadership and collaboration skills. Also, almost every single class has a significant group component, which can be a time-suck, but which also reinforces the soft collaboration, persuasion, and leadership skills that can't be fully developed without lots of practice. I get the feeling that I am much busier at Kellogg than students at peer schools (at least from what I hear).
    
    -I found Kellogg students to be down to earth, personable, intelligent, confident without being overbearing. They were very focused on their classmates and making sure that we were collectively learning as much as possible from the program, rather than trying to all individually be superstars. At the end of the day, these are all people that I would be more than happy to work with under any situation.
    
    -Not enough career support for international students.
    
    -The experience I had completing my MBA at the Kellogg School of Management was the best experience of my life. I grew both as a person and a manager and have left Kellogg with a network of quality individuals in a variety of different careers and industries. The culture of Kellogg provides an incredible learning environment that one can take in as many directions as they wish.
    
    -If I had a friend who was considering an MBA I would definitely recommend Kellogg because of its uniquely positive culture. Students are highly talented and competitive but the environment is collaborative and constructive. At Kellogg I have found my peers be highly supportive while still challenging me to improve myself. This culture fosters personal growth like no other environment I have experienced.
    
    -Kellogg provides a great curriculum, some wonderful professors and attracts MBA candidates with down to earth personalities. These are the sorts of people I would want my friends to spend two years in business school with.
    
    -Kellogg is a very quantitative school. I was surprised by the level of academic rigor that Kellogg has because I think it may have a reputation as being a bit less rigorous than other top schools. My experience however, is that the level and intensity of the coursework is unparalleled.
    
    -Kellogg offers a unique learning experience which focuses on developing the skill set you do not get in an undergraduate education. The lessons learned, particularly in leadership and teamwork, will pay dividends throughout my career and are some of the most valuable assets I have.