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Kellogg School of Management

The Kellogg School of Management at Northwestern University (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. Its faculty, alumni, and students have made significant contributions to fields such as marketing, management sciences, and decision sciences.[2][3][4][5]

Kellogg School of Management at Northwestern University
Former names
  • School of Commerce (1908–1956)
  • School of Business (1956–1979)
  • J.L. Kellogg Graduate School of Management (1979–2001)
MottoInspiring Growth
TypePrivate business school
Established1908
Parent institution
Northwestern University
Endowment$1.081 billion (as of June 30, 2022)[1]
DeanFrancesca Cornelli
Postgraduates1,162
Location, ,
United States

42°03′02″N 87°40′30″W / 42.05045°N 87.67507°W / 42.05045; -87.67507
Websitewww.kellogg.northwestern.edu
The Kellogg Global Hub

History edit

Early history (1908–1950) edit

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.[6] The school played a major role in helping to establish the Graduate Management Admission Test.[7] Also, researchers associated with the school have made contributions to fields such as marketing and decision sciences.[2][3][4][5] 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]

Changes in focus and international expansion (1951 - 1978) edit

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.[2][18][19][20]

Continued expansion: John L. Kellogg (1979–2008) edit

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]

Recent history (2009–today) edit

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.

Campuses edit

 
View in Summer, from 3rd floor dorm of Allen Center, Kellogg School of Management

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]

Academics edit

Admissions edit

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]

Programs edit

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]

Full-time MBA edit

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.

One-year MBA edit

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 an 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.

MMM edit

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]

JD-MBA edit

In cooperation with the Northwestern Pritzker School 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]

Evening and weekend MBA edit

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.

Executive MBA edit

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.

Ph.D. programs edit

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.

Overseas exchange programs edit

Kellogg offers joint executive MBA degree programs with—and grant Kellogg degrees to—these schools:

Student profile edit

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]

Rankings edit

Business Rankings
U.S. MBA
Bloomberg (2023)[43]7
QS (2023)[44]8
U.S. News & World Report (2023)[45]2
Global MBA
QS (2023)[46]14
Financial Times (2023)[47]9

In the most recent rankings of U.S. business schools, Kellogg is ranked 2nd by U.S. News & World Report,[48] In addition, Kellogg MBA has consistently been ranked 1st in Marketing by U.S. News & World Report.[49]

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.[50]

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.[50]

Student life edit

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.[51]

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.[52]

Notable people edit

Alumni edit

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.[53] 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.[54]

Companies started by Kellogg alumni edit

Faculty edit

  • Arthur E. Andersen, founder of the auditing firm bearing his name, member of faculty between 1909 and 1922; member of the Northwestern University board of trustees from 1933 to 1934.
  • Bala V. Balachandran, J. L. Kellogg Distinguished Professor of Accounting and Information Management
  • Efraim Benmelech, Harold L. Stuart Professor of Finance.
  • Timothy Calkins
  • Janice Eberly, James R. and Helen D. Russell Distinguished Professor of Finance.
  • Christopher Galvin, served as the chairman and chief executive officer of Motorola from 1997 to 2003.
  • Shane Greenstein, an expert on the business economics of computing, communications, and the internet and the chair of the Management and Strategy Department from 2002 to 2005.[58]
  • Ravi Jagannathan, Chicago Mercantile Exchange/John F. Sandner Professor of Finance.
  • Benjamin Jones, former Rhodes Scholar, former senior economist for macroeconomics for the White House Council of Economic Advisers, innovation and economic development researcher.
  • Dean Karlan
  • Philip Kotler, #4 management guru of all time as ranked by the Financial Times and marketing scholar.
  • Marvin Manheim, William A. Patterson Distinguished Professor of Transportation.
  • Dale T. Mortensen, Awarded the Nobel Prize in Economics in 2010 for his work on the search and matching theory of frictional unemployment.
  • J. Keith Murnighan, Harold H. Hines Jr. Distinguished Professor of Risk Management.
  • Roger Myerson, faculty between 1976 and 2001; winner of the 2007 Nobel Prize in Economics.
  • Sergio Rebelo
  • Paola Sapienza, included in the Thomson Reuters list of the most influential scientific minds in 2014, 2015, and 2016.
  • Mark Satterthwaite, A.C. Buehler Professor in Hospital and Health Services Management.
  • Mohanbir Sawhney, a pioneer in the field of technology management, and selected as one of the 25 most influential people in e-Business as ranked by Businessweek in May 2000.[59]
  • Walter D. Scott, former CEO of Ameriprise Financial
  • Joseph A. Swanson, professor, businessman, writer
  • Brian Uzzi, Richard L. Thomas Professor of Leadership. He is best known for his work in the fields of sociology, network science, the science of science, and complex systems.
  • Robert J. Weber, the Frederic E. Nemmers Professor of Decision Sciences.

See also edit

References edit

  1. ^ "BENEFICIARIES OF THE ENDOWMENT FUND PAYOUT". Retrieved May 1, 2023.
  2. ^ a b c "Quant catalyst, Kellogg World Alumni Magazine, Summer 2007, Kellogg School of Management". www.kellogg.northwestern.edu.
  3. ^ a b . Archived from the original on March 26, 2018. Retrieved May 4, 2010.
  4. ^ a b "Prof. Roger Myerson wins Nobel Prize in Economics - Kellogg School of Management". www.kellogg.northwestern.edu.
  5. ^ a b . PBS NewsHour. Archived from the original on January 22, 2014. Retrieved September 2, 2017.
  6. ^ American Association of Collegiate Schools of Business, 1916–1966 (Homewood, Ill.: Richard D. Irwin, 1966), pp. 181–92.
  7. ^ The Evolution of Management Education, Sedlak, Michael W. and Harold F. Williamson, University of Illinois Press, 1983, pp. 93–94.
  8. ^ a b "Dr. Walter Dill Scott - Number One Alumnus". www.angelfire.com.
  9. ^ Psychology of Advertising in Theory and Practice (1902–1903) Walter Dill Scott (Small, Maynard & Co.)
  10. ^ Northwestern University: A History 1850–1975, Williamson, Harold F. and Payson S. Wild (Northwestern University Press, 1976), pp. 143ff.
  11. ^ History of Marketing Thought, Robert Bartels, Grid Publications, 1976, pp. 35–36.
  12. ^ "WALTER D. SCOTT, EDUCATOR, 86, DIES; Northwestern Ex-President Blazed Trail in Applying Psychology to Business" The New York Times. Sep 25, 1955, p. 93.
  13. ^ "Leaders in Marketing: Philip Kotler," Journal of Marketing, Vol. 36 (Oct. 1972), pp. 60–61, Gerald Zaltman
    History of Marketing Thought, Robert Bartels, Grid Publications, 1976, p. 181.
    Handbook of Marketing and Society, Paul N. Bloom, Gregory Thomas Gundlach, p. 89.
    "First among marketers: GURU GUIDE PHILIP KOTLER," Morgen Witzel on the force behind marketing's move from the periphery to the mainstream," Morgen Witzel, Financial Times, Aug 5, 2003, p. 11.
    "How Philip Kotler has helped to shape the field of marketing," Maureen A. Bourassa, Peggy H. Cunningham, Jay M. Handelman, European Business Review, 2007 Volume: 19 Issue: 2 pp. 174–192.
  14. ^ Thomas, Michael J. (July 1967). "Review: Marketing Management: Analysis, Planning and Control. by Philip Kotler". The Journal of Business. The University of Chicago Press. 40 (3): 345–347. doi:10.1086/294984. JSTOR 2351758.
  15. ^ Review, Neil H. Borden, Jr., The Journal of Marketing, Vol. 37, No. 1 (Jan. 1973), pp. 110–111.
  16. ^ "Kellogg Centennial – Home".
  17. ^ Northwestern University: A History 1850–1975, Williamson, Harold F. and Payson S. Wild (Northwestern University Press, 1976), p. 122.
  18. ^ Giocoli, Nicola (June 2008). "Three Alternative (?) Stories on the Late 20th-Century Rise of Game Theory". SSRN 1140111. {{cite journal}}: Cite journal requires |journal= (help)
  19. ^ The Evolution of Management Education, Sedlak, Michael W. and Harold F. Williamson, University of Illinois Press, 1983, p. 134.
  20. ^ Wide Awake in the Windy City, Matt Golosinski, NU Press, 2008, pp. 142–145.
  21. ^ "The Scripps Research Institute – News and Views".
  22. ^ a b . Archived from the original on January 11, 2010. Retrieved February 25, 2011.
  23. ^ "Dipak C. Jain to step down Sept. 1 as Kellogg School dean - Kellogg School of Management". www.kellogg.northwestern.edu.
  24. ^ "Global Hub – Kellogg School of Management – Northwestern". Retrieved November 2, 2019.
  25. ^ "Assistant Dean Kate Smith on Kellogg's Global Hub". Retrieved November 2, 2019.
  26. ^ "Kellogg appoints female dean". Financial Times. Archived from the original on December 10, 2022.
  27. ^ "Dean Blount on Think Bravely – Kellogg School of Management – Northwestern University".
  28. ^ a b "Kellogg School of Management Launches New Brand Strategy Focused on Inspiring Growth - Kellogg School of Management". www.kellogg.northwestern.edu.
  29. ^ "Envision KELLOGG'S FUTURE HOME".
  30. ^ Mauch, Ally. "Kathleen Hagerty named interim dean of Kellogg". The Daily Northwestern. Retrieved September 4, 2018.
  31. ^ "Miami EMBA – Monthly Program | Kellogg Executive MBA". www.kellogg.northwestern.edu.
  32. ^ "Global Hub | Kellogg School of Management | Northwestern". www.kellogg.northwestern.edu.
  33. ^ Carpenter, John (March 30, 2017). "New Home For Northwestern's Kellogg School Aims To Spark Creativity, Collaboration". Forbes. Retrieved February 14, 2018.
  34. ^ a b "Mr. Business-School Boom; What Jacobs Wrought, in a Quarter-Century, at Kellogg," David Leonhardt, The New York Times, May 3, 2000, Section C; p. 1; Column 2; Business/Financial Desk
  35. ^ "MBA Programs". www.kellogg.northwestern.edu. Retrieved May 23, 2016.
  36. ^ Moules, Jonathan (May 14, 2018). "The GMAT is no longer the only way into business school". Financial Times. United Kingdom.
  37. ^ . Archived from the original on January 28, 2014. Retrieved October 30, 2014.
  38. ^ "Two-Year MBA". www.kellogg.northwestern.edu.
  39. ^ "JD-MBA Program". Kellogg School of Management. Northwestern University. Retrieved May 14, 2017.
  40. ^ "Guanghua-Kellogg Executive MBA Program". en.gsm.pku.edu.cn.
  41. ^ Allen, Nathan (August 7, 2018). "Kellogg Enrolls Record Number Of Women". Poets & Quants. Retrieved September 4, 2018.
  42. ^ "Employment Statistics". Career Management Center for Employers. Northwestern University. Retrieved June 7, 2018.
  43. ^ "Best B-Schools". Bloomberg Businessweek.
  44. ^ "2023 QS Global MBA:United States". Quacquarelli Symonds.
  45. ^ "2023 Best Business Schools Rankings". U.S. News & World Report.
  46. ^ "QS Global MBA Rankings 2023". Quacquarelli Symonds.
  47. ^ "Global MBA Ranking 2023". Financial Times.
  48. ^ "Best Business Schools (MBA)". U.S. News & World Report. Retrieved April 27, 2023.
  49. ^ "U.S. News & World Report's Marketing MBA Ranking". U.S. News & World Report. 2020. Retrieved January 27, 2020.
  50. ^ a b . Rankings.ft.com. Archived from the original on September 25, 2015. Retrieved July 14, 2013.
  51. ^ "Kellogg Groups". Kellogg School of Management.
  52. ^ "Evaluating the Pros and Cons of Kellogg's Grade Disclosure Policy" (PDF). www.kellogg.northwestern.edu.
  53. ^ Kellogg Alumni Network | Kellogg School of Management | Northwestern University. Kelloggalumni.northwestern.edu. Retrieved on 2013-07-14.
  54. ^ Kellogg Alumni Network | Kellogg School of Management | Northwestern University. Kelloggalumni.northwestern.edu. Retrieved on 2013-07-14.
  55. ^ Ethos' co-founder turns water into more than just a drink - Chicago Tribune. Articles.chicagotribune.com (2006-11-19). Retrieved on 2013-07-14.
  56. ^ "Kellogg Alumni Network | Kellogg School of Management". www.kellogg.northwestern.edu. Retrieved February 26, 2022.
  57. ^ "Leadership".
  58. ^ "Shane Greenstein – Faculty – Kellogg School of Management".
  59. ^ . Businessweek. May 2000. Archived from the original on July 6, 2000.

kellogg, school, management, northwestern, university, kellogg, business, school, northwestern, university, private, research, university, evanston, illinois, founded, 1908, school, commerce, faculty, alumni, students, have, made, significant, contributions, f. The Kellogg School of Management at Northwestern University 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 Its faculty alumni and students have made significant contributions to fields such as marketing management sciences and decision sciences 2 3 4 5 Kellogg School of Management at Northwestern UniversityFormer namesSchool of Commerce 1908 1956 School of Business 1956 1979 J L Kellogg Graduate School of Management 1979 2001 MottoInspiring GrowthTypePrivate business schoolEstablished1908Parent institutionNorthwestern UniversityEndowment 1 081 billion as of June 30 2022 1 DeanFrancesca CornelliPostgraduates1 162LocationEvanston Illinois United States42 03 02 N 87 40 30 W 42 05045 N 87 67507 W 42 05045 87 67507Websitewww wbr kellogg wbr northwestern wbr edu The Kellogg Global HubContents 1 History 1 1 Early history 1908 1950 1 2 Changes in focus and international expansion 1951 1978 1 3 Continued expansion John L Kellogg 1979 2008 1 4 Recent history 2009 today 2 Campuses 3 Academics 3 1 Admissions 3 2 Programs 3 2 1 Full time MBA 3 2 2 One year MBA 3 2 3 MMM 3 2 4 JD MBA 3 2 5 Evening and weekend MBA 3 2 6 Executive MBA 3 2 7 Ph D programs 3 2 8 Overseas exchange programs 3 3 Student profile 4 Rankings 5 Student life 6 Notable people 6 1 Alumni 6 1 1 Companies started by Kellogg alumni 6 2 Faculty 7 See also 8 ReferencesHistory editEarly history 1908 1950 edit 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 6 The school played a major role in helping to establish the Graduate Management Admission Test 7 Also researchers associated with the school have made contributions to fields such as marketing and decision sciences 2 3 4 5 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 Changes in focus and international expansion 1951 1978 edit 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 Burgenstock 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 2 18 19 20 Continued expansion John L Kellogg 1979 2008 edit 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 Recent history 2009 today edit 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 Campuses edit nbsp View in Summer from 3rd floor dorm of Allen Center Kellogg School of ManagementThe 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 Academics editAdmissions edit 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 Programs edit 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 Full time MBA edit 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 amp private equity One year MBA edit 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 Said Business School 37 MBAiThe MBA Artificial Intelligence MBAi Program is an 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 MMM edit 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 JD MBA edit In cooperation with the Northwestern Pritzker School 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 Evening and weekend MBA edit Kellogg offers an Evening amp Weekend MBA E amp W MBA program aimed towards students who continue to develop their careers as they pursue their MBA degree Within the E amp W MBA program Kellogg offers both an evening program and a weekend program The E amp 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 amp weekend program are offered at the downtown Chicago campus located at Wieboldt Hall but students can take classes at the main campus as well Executive MBA edit 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 Ph D programs edit 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 Overseas exchange programs edit Kellogg offers joint executive MBA degree programs with and grant Kellogg degrees to these schools School of Business and Management at The Hong Kong University of Science and Technology in Hong Kong Recanati Graduate School of Management at Tel Aviv University in Israel WHU Otto Beisheim School of Management in Germany Schulich School of Business at York University in Toronto Canada Guanghua School of Management at Peking University in Beijing China 40 Student profile edit 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 Rankings editBusiness RankingsU S MBABloomberg 2023 43 7QS 2023 44 8U S News amp World Report 2023 45 2Global MBAQS 2023 46 14Financial Times 2023 47 9In the most recent rankings of U S business schools Kellogg is ranked 2nd by U S News amp World Report 48 In addition Kellogg MBA has consistently been ranked 1st in Marketing by U S News amp World Report 49 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 50 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 50 Student life editStudents 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 51 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 52 Notable people editAlumni edit Main article List of Kellogg School of Management alumni 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 amp 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 53 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 54 Companies started by Kellogg alumni edit Adzuna Founded by Doug Monro 02 Arthur Andersen Founded by Arthur E Andersen Booz Allen Hamilton Founded by Edwin G Booz and James L Allen Crate amp Barrel Founded by Gordon Segal Endure to Cure Foundation Founded by Jason Sissel 07 Ethos Water Founded by Peter Thum and Jonathan Greenblatt 55 Fieldglass Founded by Jai Shekhawat 96 Kaunteya founded by Aniruddha Jetha 26 Kayak com Founded by Steve Hafner 97 56 One Acre Fund Founded by Andrew Youn 57 OpenTable Founded by Chuck Templeton ValueAct Capital Founder Jeffrey W Ubben 87 ZS Associates Founded by Andris A Zoltners and Prabhakant Sinha Daniel Noboa Azin President of the Republic of EcuadorFaculty edit Arthur E Andersen founder of the auditing firm bearing his name member of faculty between 1909 and 1922 member of the Northwestern University board of trustees from 1933 to 1934 Bala V Balachandran J L Kellogg Distinguished Professor of Accounting and Information Management Efraim Benmelech Harold L Stuart Professor of Finance Timothy Calkins Janice Eberly James R and Helen D Russell Distinguished Professor of Finance Christopher Galvin served as the chairman and chief executive officer of Motorola from 1997 to 2003 Shane Greenstein an expert on the business economics of computing communications and the internet and the chair of the Management and Strategy Department from 2002 to 2005 58 Ravi Jagannathan Chicago Mercantile Exchange John F Sandner Professor of Finance Benjamin Jones former Rhodes Scholar former senior economist for macroeconomics for the White House Council of Economic Advisers innovation and economic development researcher Dean Karlan Philip Kotler 4 management guru of all time as ranked by the Financial Times and marketing scholar Marvin Manheim William A Patterson Distinguished Professor of Transportation Dale T Mortensen Awarded the Nobel Prize in Economics in 2010 for his work on the search and matching theory of frictional unemployment J Keith Murnighan Harold H Hines Jr Distinguished Professor of Risk Management Roger Myerson faculty between 1976 and 2001 winner of the 2007 Nobel Prize in Economics Sergio Rebelo Paola Sapienza included in the Thomson Reuters list of the most influential scientific minds in 2014 2015 and 2016 Mark Satterthwaite A C Buehler Professor in Hospital and Health Services Management Mohanbir Sawhney a pioneer in the field of technology management and selected as one of the 25 most influential people in e Business as ranked by Businessweek in May 2000 59 Walter D Scott former CEO of Ameriprise Financial Joseph A Swanson professor businessman writer Brian Uzzi Richard L Thomas Professor of Leadership He is best known for his work in the fields of sociology network science the science of science and complex systems Robert J Weber the Frederic E Nemmers Professor of Decision Sciences See also editList of business schools in the United States List of United States business school rankings List of Big Ten business schoolsReferences edit BENEFICIARIES OF THE ENDOWMENT FUND PAYOUT Retrieved May 1 2023 a b c Quant catalyst Kellogg World Alumni Magazine Summer 2007 Kellogg School of Management www kellogg northwestern edu a b 2008 Roger B Myerson Archived from the original on March 26 2018 Retrieved May 4 2010 a b Prof Roger Myerson wins Nobel Prize in Economics Kellogg School of Management www kellogg northwestern edu a b Game Theorists Awarded Nobel Prize in Economics PBS NewsHour Archived from the original on January 22 2014 Retrieved September 2 2017 American Association of Collegiate Schools of Business 1916 1966 Homewood Ill Richard D Irwin 1966 pp 181 92 The Evolution of Management Education Sedlak Michael W and Harold F Williamson University of Illinois Press 1983 pp 93 94 a b Dr Walter Dill Scott Number One Alumnus www angelfire com Psychology of Advertising in Theory and Practice 1902 1903 Walter Dill Scott Small Maynard amp Co Northwestern University A History 1850 1975 Williamson Harold F and Payson S Wild Northwestern University Press 1976 pp 143ff History of Marketing Thought Robert Bartels Grid Publications 1976 pp 35 36 WALTER D SCOTT EDUCATOR 86 DIES Northwestern Ex President Blazed Trail in Applying Psychology to Business The New York Times Sep 25 1955 p 93 Leaders in Marketing Philip Kotler Journal of Marketing Vol 36 Oct 1972 pp 60 61 Gerald Zaltman History of Marketing Thought Robert Bartels Grid Publications 1976 p 181 Handbook of Marketing and Society Paul N Bloom Gregory Thomas Gundlach p 89 First among marketers GURU GUIDE PHILIP KOTLER Morgen Witzel on the force behind marketing s move from the periphery to the mainstream Morgen Witzel Financial Times Aug 5 2003 p 11 How Philip Kotler has helped to shape the field of marketing Maureen A Bourassa Peggy H Cunningham Jay M Handelman European Business Review 2007 Volume 19 Issue 2 pp 174 192 Thomas Michael J July 1967 Review Marketing Management Analysis Planning and Control by Philip Kotler The Journal of Business The University of Chicago Press 40 3 345 347 doi 10 1086 294984 JSTOR 2351758 Review Neil H Borden Jr The Journal of Marketing Vol 37 No 1 Jan 1973 pp 110 111 Kellogg Centennial Home Northwestern University A History 1850 1975 Williamson Harold F and Payson S Wild Northwestern University Press 1976 p 122 Giocoli Nicola June 2008 Three Alternative Stories on the Late 20th Century Rise of Game Theory SSRN 1140111 a href Template Cite journal html title Template Cite journal cite journal a Cite journal requires journal help The Evolution of Management Education Sedlak Michael W and Harold F Williamson University of Illinois Press 1983 p 134 Wide Awake in the Windy City Matt Golosinski NU Press 2008 pp 142 145 The Scripps Research Institute News and Views a b Kellogg Centennial Home Archived from the original on January 11 2010 Retrieved February 25 2011 Dipak C Jain to step down Sept 1 as Kellogg School dean Kellogg School of Management www kellogg northwestern edu Global Hub Kellogg School of Management Northwestern Retrieved November 2 2019 Assistant Dean Kate Smith on Kellogg s Global Hub Retrieved November 2 2019 Kellogg appoints female dean Financial Times Archived from the original on December 10 2022 Dean Blount on Think Bravely Kellogg School of Management Northwestern University a b Kellogg School of Management Launches New Brand Strategy Focused on Inspiring Growth Kellogg School of Management www kellogg northwestern edu Envision KELLOGG S FUTURE HOME Mauch Ally Kathleen Hagerty named interim dean of Kellogg The Daily Northwestern Retrieved September 4 2018 Miami EMBA Monthly Program Kellogg Executive MBA www kellogg northwestern edu Global Hub Kellogg School of Management Northwestern www kellogg northwestern edu Carpenter John March 30 2017 New Home For Northwestern s Kellogg School Aims To Spark Creativity Collaboration Forbes Retrieved February 14 2018 a b Mr Business School Boom What Jacobs Wrought in a Quarter Century at Kellogg David Leonhardt The New York Times May 3 2000 Section C p 1 Column 2 Business Financial Desk MBA Programs www kellogg northwestern edu Retrieved May 23 2016 Moules Jonathan May 14 2018 The GMAT is no longer the only way into business school Financial Times United Kingdom Business school rankings from the Financial Times FT com Archived from the original on January 28 2014 Retrieved October 30 2014 Two Year MBA www kellogg northwestern edu JD MBA Program Kellogg School of Management Northwestern University Retrieved May 14 2017 Guanghua Kellogg Executive MBA Program en gsm pku edu cn Allen Nathan August 7 2018 Kellogg Enrolls Record Number Of Women Poets amp Quants Retrieved September 4 2018 Employment Statistics Career Management Center for Employers Northwestern University Retrieved June 7 2018 Best B Schools Bloomberg Businessweek 2023 QS Global MBA United States Quacquarelli Symonds 2023 Best Business Schools Rankings U S News amp World Report QS Global MBA Rankings 2023 Quacquarelli Symonds Global MBA Ranking 2023 Financial Times Best Business Schools MBA U S News amp World Report Retrieved April 27 2023 U S News amp World Report s Marketing MBA Ranking U S News amp World Report 2020 Retrieved January 27 2020 a b Executive MBA ranking 2014 Rankings ft com Archived from the original on September 25 2015 Retrieved July 14 2013 Kellogg Groups Kellogg School of Management Evaluating the Pros and Cons of Kellogg s Grade Disclosure Policy PDF www kellogg northwestern edu Kellogg Alumni Network Kellogg School of Management Northwestern University Kelloggalumni northwestern edu Retrieved on 2013 07 14 Kellogg Alumni Network Kellogg School of Management Northwestern University Kelloggalumni northwestern edu Retrieved on 2013 07 14 Ethos co founder turns water into more than just a drink Chicago Tribune Articles chicagotribune com 2006 11 19 Retrieved on 2013 07 14 Kellogg Alumni Network Kellogg School of Management www kellogg northwestern edu Retrieved February 26 2022 Leadership Shane Greenstein Faculty Kellogg School of Management Mohanbir Sawhney Businessweek May 2000 Archived from the original on July 6 2000 Retrieved from https en wikipedia org w index php title Kellogg School of Management amp oldid 1182243992, wikipedia, wiki, book, books, library,

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