FULL-TIME MBA Profiles Publish Date 11/13/08

Northwestern University

Kellogg Graduate School of Management

Getting In

PROGRAM BASICS

Full-Time Kellogg MBA Program

Kellogg School of Management

Donald P. Jacobs Center
2001 Sheridan Rd
Evanston , Illinois 60208

Status:

Private Institution

Program e-mail address:

MBAadmissions@kellogg.northwestern.edu

Graduate business school is accredited by:


AACSB International

Years in which the following programs were founded:


Full-time MBA: 1908
Part-time MBA : 1908
Executive MBA: 1976
Executive Education (non-degree): 1951
PhD program: 1929

PROGRAM COSTS

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


Resident : $  93,918
Nonresident : $  93,918
Recommended annual budget (Resident): $  73,539
Recommended annual budget (Nonresident): $  73,539

PROGRAM LENGTH

Full-time program (months):

22

ENROLLMENT

Graduate business school enrollment


Total graduate business school: 2790
Full-time MBA: 1200
Part-time MBA: 1150
Executive MBA: 440

PhD program: 126

Other graduate degree programs:

N/A

ADMISSIONS

Application Deadlines

10/17/08 1/12/09 3/9/09 N/A

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 Computer Based

TOEFL Internet Based Test

TOEFL Paper-based Test

Other: N/A

Relative importance: 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:

5051

Applicants who were accepted to the most recent class:

19 %

Admitted applicants who enrolled in the newest class:

58 %

Applicant interviews are:

Required

Applicants (admitted and denied) who were interviewed:

89 %

Admitted applicants who were interviewed:

100 %

APPLICANT POOL

International applications received:

43 %

Applications from women received:

29 %

Mean base salary forgone:

$  67,374

Median base salary forgone:

$  69,000

CLASS PROFILE

Full-time students in newest entering class (2008-2009) that are:


Female: 36  %
International: 34  %

Ethnicity/US Students in Program


African American: 7  %
Asian American: 25  %
Hispanic or Latino American: 6  %
White (Non-Hispanic): 54  %
Chose not to report: 5  %
Other: 4  %

Students from following regions:


Africa : 2  %
Asia: 16  %
Eastern Europe and Central Asia: 1  %
Latin America and the Caribbean: 5  %
Middle East: 1  %
North America: 69  %
Oceania : 1  %
Western Europe: 5  %

Entering North American citizens by region:


Northeast: 28  %
Mid-Atlantic: 11  %
South: 9  %
Southwest: 6  %
Midwest : 23  %
West: 23  %

Mean months of work experience of newest entering class:

61

Median months of work experience of newest entering class:

60

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


From:  36
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 applied for financial aid for the current academic year:

68 %

Full-time MBAs receiving financial aid through school:

64 %

Mean MBA financial aid package for the current academic year:

$  51,825

Median MBA financial aid package for the current academic year:

$  60,650

On what basis are scholarships awarded?


financial need

academic merit

a combination of need and merit

How does an applicant apply for scholarship consideration?

all candidates are considered for scholarship

Mean scholarships awarded to full-time MBAs in the previous academic year:

$  12,027

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:

$  79,566

GMAT

Applicants required to take the GMAT?

Yes

Mean : 711
Median: 710

Middle 80% range GMAT scores:


From:  650
To:  760

Academics & Lifestyle

CLASS OFFERINGS

Average students in a full-time MBA core class:

55

Average students in a full-time MBA elective class:

40

Elective courses available to full-time MBA students:

200

Electives that have been added to the full-time program since June 30, 2008:


Corporate Innovation & New Ventures; Venture Lab;
Buyout Lab; Financial Modeling for Leveraged Buyout
Transactions;Global Lab;Sports Marketing;
Strategic Data-Driven Marketing;Business Design for
Environmental Sustainability;Leaders & Leadership

Year of last major change or significant overhaul to the core curriculum:

2002

Concentrations and specializations offered to full-time MBA students:


Accounting

Consulting

Corporate Social Responsibility

E-commerce

Economics

Entrepreneurship

Finance

General Management

Health Care Administration

Human Resource Management

Industrial Management

International Business

Leadership

Manufacturing and Technology Management

Marketing

Media/Entertainment

Operations Management

Organizational Behavior

Public Administration

Real Estate

Statistics and Operations Research

Strategy

Supply Chain Management

Technology

Joint-degree programs offered to full-time MBAs:


MBA/JD (Law)

MBA/MD (Medicine)

MBA/Meng (Engineering - Manufacturing Management)

Does the school offer an accelerated full-time MBA program?

Yes

FACULTY

Faculty employed by the B-school:

259

Full-time faculty


Tenured: 147
Non-Tenured: 17

Adjunct/Visiting Faculty


Tenured: 7
Non-Tenured: 51

Women on Faculty


Tenured: 26
Non-Tenured: 4

Minority Faculty


Tenured: 31
Non-Tenured: 3

International Faculty


Tenured: 73
Non-Tenured: 0

Faculty with PhDs


Tenured: 147
Non-Tenured: 8

STUDENT LIFE

Professional clubs available to full-time MBA students:


Biotech/Health care

Business Law

Consulting

Corporate Social Responsibility/NetImpact

E-business

Entrepreneurship

Environmental

Finance

High Tech

Information Technology

Investment Banking

Manufacturing

Marketing

Media & Entertainment

Nonprofit

VC/ Private Equity

Other

Networking clubs available to full-time MBA students:


Black MBA Association

Gay/Lesbian/Bisexual

Hispanic Student Organization

International Club

Partners/Family

Volunteer

Wine

Women in MBA

Other

TEACHING/ACADEMICS

Teaching methods used


Case study: 30  %
Experiential Learning: 10  %
Lecture: 30  %
Simulations: 5  %
Team Project: 25  %

Requirements for graduation:


Students are required to complete international experience

Students must have attended a minimum number of classes

TECHNOLOGY

Is there a wireless network in main B-school buildings?

Yes

Technology improvements in the last three academic years:

Learning Spaces: 80 study group rooms upgraded with new technology and 42” flat panels, 10 classrooms fully upgraded, projectors upgraded in all classrooms; new EMBA campus in Miami created and expanded; all public computing devices upgraded to latest technology (kiosks, printers, scanning, computer labs); video wall and surround sound installed in atrium common space for large events. Longest running student laptop program upgrades each year. New operations centers for classroom, multi-media, and overall technology support. Core enterprise applications overhauled: admissions, course bidding/registration, career management. Core collaboration environments deployed: Microsoft Office 2007 suite (Exchange, SharePoint, LiveMeeting). Vendor neutral internal antenna system for cellphones. Content management system installed and School Web site rearchitected. All core research infrastructure upgraded: central research server, research computing cluster, behavioral research labs. Created behavioral research support team. Virtualization infrastructure for servers and client special software.

Amount spent:

$  23,000,000

Alumni Affairs & Careers

ALUMNI

Living MBA alumni:

38,950

Active MBA alumni clubs

66

Countries in which MBA clubs exist

34

Did school receive an individual gift in excess of $10 million in past academic year?

No

Business School Endowment

$  756,000,000

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 site:

Yes

Business school alumni networking site:

http://alumni.kellogg.northwestern.edu

Do current MBA students have access to an alumni database?

Yes

CAREER SERVICES

Graduates seeking full-time professional MBA employment: 85  %
Graduates not seeking employment: 12  %
Graduates for whom you have no information regarding employment: 3  %

Of grads not seeking employment: Percentage of graduates not seeking employment who were company-sponsored, or already employed: 69  %
Percentage who were continuing their education (after graduation): 0  %
Percentage who were postponing their job search: 2  %
Percentage who were starting their own business(es) : 12  %
Percentage who were not seeking employment for other reasons: 17  %

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


Destination: LA Media Trek
Month: November
Amount Paid By School: None
Destination: Wall Street Trek
Month: December
Amount Paid By School: None
Destination: Bay Area Venture Capital Trek
Month: December
Amount Paid By School: None
Destination: NY Retail Trek
Month: February
Amount Paid By School: None
Destination: Hong Kong Banking Trek
Month: December
Amount Paid By School: None

Primary Source of Job Offer


School-facilitated activities: 73  %
Graduate-facilitated activities: 24  %
No information provided by graduate: 3  %

Job Offers for 2008 graduates:


Received first job offer by graduation: 95  %
Received first job offer in three months following graduation: 3  %
Did not report having received a job offer: 2  %

Top recruiting firms and the number of full-time MBAs hired in the past 12 months:


McKinsey & Company

32

Bain & Company

20

Boston Consulting Group

20

Lehman Bros.

17

Merrill Lynch

12

Microsoft

11

Booz Allen Hamilton

10

JPMorgan Chase & Co.

10

Kraft

10

Deloitte Touche Tomatsu

9

Amazon.com

5

American Express

5

Accenture

6

Monitor Group

6

SC Johnson

5

Job-accepting graduates who received a signing bonus:

85 %

Mean and median base salary, signing bonuses and other compensation for most recent employed graduates:


Mean base salary for most recent graduates: $  108,064
Median base salary for most recent graduates: $  105,000
Mean signing bonus for most recent graduates: $  26,956
Median signing bonus for most recent graduates: $  20,000
Mean other guaranteed compensation for most recent graduates: $  43,415
Median other guaranteed compensation for most recent graduates: $  23,625

Graduating students who accepted jobs in the following functional areas:


Consulting: 36  %
Finance/Accounting: 29  %
General Management: 6  %
Human Resources: 0  %
Marketing/Sales (Public Relations, Product Management, Market Research, Advertising, etc.): 22  %
Management Information Systems (MIS): 0  %
Operations/Logistics (Logistics, Purchasing, Engineering, etc.): 1  %
Other: 6  %

Graduating students who accepted jobs in the following industries:


Government (Federal, State, Local, Military): 1  %
Consulting: 31  %
Consumer Products: 12  %
Financial Services: 27  %
Manufacturing: 4  %
Media/Entertainment: 1  %
Non-Profit: 1  %
Petroleum/Energy: 3  %
Pharmaceutical/Biotechnology/Health care Products: 5  %
Real Estate: 3  %
Technology: 10  %
Other: 5  %

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


Africa: 1  %
Asia: 5  %
Eastern and Central Europe and Central Asia: 1  %
Latin America and the Caribbean: 2  %
Middle East: 0  %
North America: 87  %
Oceana: 0  %
Western Europe: 3  %

Within North America, graduates who accepted full-time jobs in the following regions:


Northeast: 26  %
Mid-Atlantic: 4  %
South: 4  %
Southwest: 6  %
Midwest: 38  %
West: 21  %
Possessions and territories: 0  %
Canada: 1  %

Top Companies - Internships:


Boston Consulting Group

27

Bain & Company

16

McKinsey & Company

15

Morgan Stanley

12

Lehman Bros.

10

Merrill Lynch

10

Booz Allen Hamilton

9

JPMorgan Chase & Co.

8

Goldman Sachs Group

7

Kraft

7

Amazon.com

6

Dell

6

Deloitte Touche Tomatsu

6

Johnson & Johnson

6

Monitor Group

7

Internships awarded that are paid:

97 %

Mean and median intern compensation per week:


Mean :  1,634
Median:  1,617

SCHOOL COMMENTS

School Comments:

Additional new elective courses:Managing in Professional Service Firms; Disruptive Technology & Business Models; Operational Risk; Real Estate Lab; Social Entrepreneurship in the Developing World; Leadership Coaching The fifth leading area of study: Leadership & Social Responsibility

Graduate Comments

Kellogg brand and opportunities are excellent, as were the overwhelming majority of my classmates. -- Finance

Kellogg offered the right balance of academic experience, professional development opportunities, and personal development that I was seeking in an MBA program. -- Marketing

I had a good experience in my MBA program so I would encourage other people to check out the program. -- Consulting

The quality and breadth of the education is as good as it gets. For a friend or colleague who has chosen to pursue a full-time MBA, Kellogg offers an excellent program that can be tailored to a variety of career objectives and target organizations. -- Marketing

A lifetime experience! -- Marketing

I do not have any substantial complaints about my MBA program experience. It wasn't perfect, but I met great people, received exposure to many great companies and was considered for many jobs that would have been impossible to obtain otherwise, and received a great education. -- Finance

Great balance between academic rigor and social/networking experience. Good infrastructure and excellent teaching staff. -- Consulting

I found my MBA experience to be one of the most enriching life experiences that I have had so far. I feel very fortunate to have had the opportunity to learn with so many interesting, smart, supporting peers. -- Finance

Incredible experience academically as well as socially. Outstanding professors who are very passionate. -- Consulting

Not only was my time at Kellogg an excellent academic experience, but also I developed a superb group of new friends. I was also able to effectively transition from a career focused on consulting to one in investment banking with little difficulty.-- Investment Banking

Kellogg is the best school for me and many of my friends. It has excellent academics, alumni, career preparation, etc. If you fit in the culture here, there's no better place to be. -- Marketing

I think Kellogg provides a solid program in management. I believe that it also has some of the best experiential learning opportunities of any school. I think that where it is lacking is that it hasn't decided whether or not it wants to be a teaching school or a research school. -- Venture Capital/Private Equity

I think of all the MBA schools in the country, Kellogg is the best at learning how to deal with people, has incredible solidarity, and puts great emphasis on social aspects of life and business. It's my opinion that these are most likely the more important things which people learn in business school. -- Finance

Kellogg provides an excellent well-rounded education. The culture is also very conducive to an excellent overall experience. -- Consulting

At Kellogg, I found exactly the coursework I wanted, the job I was looking for, and a group of friends that I know I can rely personally and professionally for years to come. -- Marketing

The culture is not for everyone, but I would highly recommend Kellogg to almost all of my friends. -- Consulting

The academics and career opportunities at Kellogg are top-notch. However, what I think is especially unique about Kellogg is its culture, which embraces a healthy mix collaboration and competition. The student body is extremely collegial, and students and faculty genuinely care about each other. -- Marketing

I think that Kellogg has a very unique culture and I do not believe that it is necessarily the right school for everyone - i think this probably true for all schools. -- Consulting

The choice of school depends on their interest. If marketing, Kellogg is definitely a top choice. If finance, Wharton maybe better. -- Marketing

I believe a Kellogg MBA, although expensive, offers a great value proposition in terms of network opportunities, career change opportunities, the brand, and the opportunities to grow as a leader. -- Finance

A top-notch school if one is interested in marketing, general management, non-profit, or health care management. One must be willing to study in a strong team environment. -- Marketing

It's a great school overall, but needs to improve it's standing among the large PE firms and needs to shed it's reputation as being only a marketing school, which is completely untrue. -- Venture Capital/Private Equity

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