Kellogg Graduate School of Management (NORTHWESTERN UNIVERSITY)

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Application deadlines: November 10; January 15;March 16

Corporate ranking:	2	Graduate ranking:	1	Enrollment:	3000	Annual tuition & fees:	$32,677
Women:	31%	Room and board:	$15,511	Non-U.S.:	32%	Average GMAT score:	690
Minority:	17%	Average years of work exp.:	4	Part-time:	1300	Accepted applicants enrolled:	65%
Average age:	27	Intellectual capital:	15	Applicants accepted:	18%	Median starting pay:	$142,000

Teaching methods:

Lecture, 30% , Case study, 30% and Group projects, consulting reports, and independent study, 40%

Kellogg classes, which meet twice a week for 1 hour and 40 minutes, are spread over three 11-week quarters each year. Cohorts formed during CIM week continue to take core classes together to a large extent, although some students waive out of basic classes and are free to sign up for more advanced ones. You need 23 courses to graduate, 9 required core courses and 14 others chosen from a long list of 166 electives. Jacobs has aimed to keep the curriculum fresh by streamlining the course approval process, a cumbersome one- to two-year bureaucratic entanglement at most universities. Instead, Kellogg professors can offer any course they choose so long as at least 20 students are willing to enroll; in the past three years, 43 new courses have taken the place of staler offerings.

Most Kellogg MBAs (grads used to receive a master’s of management, but the school joined the MBA crowd in 2000) major in 2 or 3 of 13 areas. Kellogg’s reputation was built on its marketing program—it is, after all, named after the son of the breakfast cereal founder—and that hasn’t changed. Employers in 2000 again ranked Kellogg grads’ marketing skills above those from all other schools. But the largest portion of students these days is majoring in and eventually working in the field of finance: 27 percent versus 18 percent in marketing, and many students think the finance instructors are the best of all the teachers at the school.

You can also opt for one of four professional program offerings:
health services, public and nonprofit, transportation, or real estate management—or an interdisciplinary major such as international business or entrepreneurship.

Undergraduate Admissions

Each application is reviewed carefully by several members of our admission committee. Seeking information beyond school transcripts and test scores, we take into account your involvement outside the classroom as profiled in an activity chart, and read your essays to get a better sense of your interests, thought processes and writing ability. Recommendations from secondary school teachers and counselors add additional perspective to your achievements.

Financial Aid

Our commitment to academic excellence is matched by a longstanding dedication to college access and affordability. Northwestern has one of the largest financial aid programs of any private university in the world, meeting 100% of every admitted student’s demonstrated financial need with loan-free aid packages. We aim to make Northwestern affordable for all, creating a community that is as diverse, supportive, and inclusive as possible.

I’m a first-generation college student coming from a single-parent household with three younger siblings. Northwestern’s financial aid showed me that while I was finally away from home and on my own, my dream school would support me every step of the way.”

I come from a family of four siblings who were all in college almost concurrently. Northwestern gave me an amazing opportunity to study at a world-class university without worrying about crushing debt.”

Employment

In 2008, 530 companies came on campus to recruit Kellogg grads. Although that’s not as many firms as schools such as Harvard, Columbia, or Wharton attracted, those who came to Kellogg spent plenty of time here, conducting some 20,000 interviews—double the number of interviews at other B-school campuses. An additional 3120 jobs were posted electronically. Overall, Kellogg grads walked away with an average of 3.5 employment offers apiece—up from 3.39 in 1998. And grads garnered a median starting pay package of $242,000, near the top of the B-school pack. As at most schools, consulting continues to grow in popularity as a job choice, with about 40 percent of the Class of 2000 heading into that field. Dean Jacobs feels this is, surprisingly enough, consistent with the high interest in entrepreneurship: “You can work three to four years, with high current income to pay back your education debt, look broadly at different kinds of operations, make contacts, and look for potential ideas. The shift to start-ups will come 5 to 10 years down the road.”