In 1908, just over 100 years ago, the Kellogg School of Management was founded as an evening program in downtown Chicago. The members of the inaugural class—mostly clerks and bankers—gained entry only after signing a statement attesting to their "good moral character." One year's worth of business education: $75.
The Kellogg MBA, which was founded later that year, has certainly changed since 1908 (for one, tuition now costs $47,000 a year). But good moral character remains a key part of the Kellogg culture of teamwork. Many students choose Kellogg over other top schools for its emphasis on the social aspects of business and student solidarity—in addition to its reputation as an eminent research university offering superlative tailored education. Among its many offerings, students can pursue a one-year MBA as well as dual MBA degrees with law or engineering management. Kellogg also offers a top-ranked executive MBA program with a campus in Miami and partner institutions all over the globe.
Photos provided by Northwestern University and specified photographers. Caption information provided by the school and BusinessWeek research.
A Kellogg Welcome
At Kellogg, MBAs hit the ground running. They participate in community service projects, take a crash course in Kellogg's latest technology, and even take a final exam…all before officially starting class. The pre-term program is required for all Kellogg students and lasts three weeks for two-year MBAs; a condensed version is required for one-year students.
Dipak Jain, the former dean and current professor of marketing, is shown here addressing students during Complete Immersion in Management (CIM) Week of the pre-term program. This orientation introduces the entering class to business school and the Kellogg culture. CIM features interactive workshops on diversity, leadership, and global issues, and students enjoy a whirlwind of social events
Chicago
Kellogg is located in Evanston, Ill., a Chicago suburb. Restaurant options abound in this culinary mecca, dwarfed only by those offered by its neighbor to the south. Chicago is home to myriad festivals for all seasons; summertime music celebrations, winter ice skating in Millennium Park, and an all-night arts fair in the spring keep residents—and students—entertained year-round. Kellogg MBAs regularly take advantage of their location by hosting student-group events downtown.
Chicago is also an exciting city for business opportunities. McKinsey, Motorola, Booz Allen Hamilton, and Allstate are just a few of the many companies with offices in or near Chicago.
Before and After Kellogg
The average Kellogg student is 28 years old and has worked for five years before enrolling. Most members of a Kellogg class earn a score of around 710 on the GMAT.
MBAs gain a significant return on investment for their hard work, and for most, life after Kellogg looks bright. Upon graduation, 97% of students have at least one job offer—one of the best job placement rates for schools in the 2008 BusinessWeek ranking of full-time MBA programs. The typical salary for most recent grads is $108,000—and that doesn't include the signing bonus, which averages $27,000. And Kellogg can take 73% of the credit, as that's the percentage of job offers that are due directly to school-facilitated activities.
Playing the Field
Kellogg's lush landscape includes Deering Field, situated steps away from Kellogg's doors. Deering transforms with the seasons but is always in use, from a Frisbee ground in the springtime to a mass snowball-fight arena in the winter.
Away from the Northwestern campus, Kellogg MBAs also find ways to put their limited free time to good use. Armed with rakes and shovels, more than 200 MBA students take part in Kellogg Cares, one of the school's largest community service events, to beautify the city of Evanston through local service projects.
Thinking Globally
Classes are held here, at the Donald P. Jacobs Center, but the Kellogg School reaches far beyond these walls. The school points to its international partnerships and alliances with universities including Guanghua School of Management at Peking University in China, the Indian School of Business, Sasin Graduate Institute of Business Administration in Thailand's Chulalongkorn University, and Fundação Dom Cabral in Brazil.
The school mandates that every MBA student fulfill a global elective requirement. MBAs may also choose to participate in an exchange program for one academic quarter with schools in over 20 countries during their time at Kellogg.
The Diversity Edge
Kellogg students, about 30% of whom come from outside the U.S., point to their home countries on a world map. About 16% are from Asia, 5% from Latin America and the Caribbean, 5% from Western Europe, and 2% from Africa.
Kellogg professors leverage the diversity of their students inside the classroom: 25% of instruction is based on team projects. Teamwork is the foundation of the Kellogg culture, and the school's way of promoting both collaboration and competition. "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," noted one graduate surveyed by BusinessWeek. "It's my opinion that these are most likely the more important things people learn in business school."
Hands-on Experience
Students gather to collaborate on upcoming projects, but their results aren't designed to stay inside the classroom. Kellogg provides students with ample opportunities to test their learning in real-world settings. In the project-based course Management Laboratory (called M-Lab), students are matched with organizations that have specific management questions or problems. M-Lab is primarily taken by first-years, giving students the advantage of working for a client and developing a business plan—and making them more competitive when it comes time to find an internship.
Faculty
Though some may view Kellogg as mainly a marketing school, its abundant offerings tell a different story. Full-time MBAs have the advantage of being able to specialize in one of 24 concentrations, and an astonishing 200 electives are available. The tailored education earns high marks from students: Says one MBA graduate in a BusinessWeek survey, "The quality and breadth of the education is as good as it gets."
The custom advantage comes in handy for students with specific career goals, as many will have access to top performers in their niche fields. Associate Professor of Finance Paola Sapienza's class, for example, will interest budding financial innovators. Sapienza, shown above, co-designed the Financial Trust Index, a quarterly measure of Americans' trust of the financial system.
Jet-Setting Professors
Entrepreneurship professor Steven Rogers, shown here, is a former Ernst & Young Entrepreneur of the Year. Professor Rogers teaches Kellogg's full-time MBAs, but he also teaches in Kellogg executive programs in the U.S., Canada, and Hong Kong. With 164 full-time faculty from all over the world, Kellogg capitalizes on professors' varying perspectives to dynamically shape students' approach to management
Verbal Inspiration
Nobel laureate Paul Krugman delivers a lecture to an overflowing audience on the global financial crisis as part of the Kellogg Distinguished Lecture Series. The series is part of a continuing commitment to bring real-world insights into the school's academic discourse. Guest speakers have included financial analyst Alice Schroeder and Newsweek editor Jon Meacham, who have addressed students on a variety of business topics.
Life Outside the Classroom
Once the final class is dismissed, full-time MBA students are eager to get to know one another outside of class. Many step into leadership roles in the 43 management-oriented student clubs and organizations at Kellogg. But Kellogg students aren't one-track business machines; they relate actively outside of the B-school context, courtesy of the school's tennis courts, sailing equipment, two gymnasiums, and indoor track.
Life on the Lake
Kellogg sits on Lake Michigan, just a few miles north of Chicago. For much of the wintry academic year the water is inaccessible, but when weather permits, the Northwestern Lakefill (shown here) teems with activity. Barbecues and 5K races dominate the green grassy areas, while sailing, windsurfing, and students with aquatic equipment stud glittering Lake Michigan. A private beach and winding bike paths provide further recreational opportunities. The area used to be underwater; it was reclaimed from Lake Michigan in the 1960s using landfill materials from the construction of the Port of Indiana.
A Musical School of Management
Who knew MBAs could sing? Kellogg flaunts its flair for the dramatic with its surprisingly strong theatrical contingent. Students here perform in the annual song-and-sketch comedy production, Special K! Revue. A major attraction, the show even tours across the U.S. for audiences of admitted students, alumni, and anyone with an abiding interest in all things Kellogg. It's an especially big hit over alumni weekend, when grads return to compare their own experiences with current Kellogg high jinks. Special K! was founded in 1979, and classic comedic numbers range from "Strategy Night Fever" to "Who Let the Dean Out?"
Food for Thought
At lunchtime, the Atrium surges with hungry MBAs and faculty. With food choices as diverse as the students themselves, offerings include a rotating ethnic buffet, salad bar, ready-made meals, and customized sandwich, stir fry, and pasta stations. At the Atrium, the value of a swarm of future business leaders together in the same place is not lost on potential employers. Up to three companies per day participate in Atrium Hours, where company representatives can meet and network with students in an informal setting.