Kellogg School of Management

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Kellogg School of Management
University Kellogg School of Management
Established 1908
Type Private
Dean Dipak C. Jain
Faculty 149
Undergraduates No
Postgraduates 1162
Location Evanston, Illinois, USA
Campus Lakeshore
Endowment $580.3 million

The Kellogg School of Management at Northwestern University, also known as The Kellogg School or simply Kellogg, is considered one of the world's leading graduate business schools.

Founded in 1908, the school was chartered to educate business leaders with "good moral character." Kellogg pioneered the use of group projects and group evaluations as a means of educating future executives. As a result, the school has been widely credited with popularizing the importance of "teamwork" and "team leadership" within the business world, as other business schools have followed suit in using group projects as educational tools.

Kellogg differentiates itself from other business schools by virtue of: its teaching method, which places equal emphasis on theory and practice; its entrepreneurial culture, which involves students in every facet of the school's decision-making process; its partnerships with other schools in China, India, Hong Kong, Israel, Germany, Canada, and Thailand; and its constantly evolving curriculum, which frequently introduces new courses based on changing market demands.

Kellogg graduates hold leadership positions in for-profit, non-profit, governmental, and academic institutions around the world.

Contents

[edit] History

The school, originally founded as Northwestern University's School of Commerce in 1908, was one of 16 founding members of the American Assembly of Collegiate Schools of Business, the organization that sets accreditation standards for business schools. As one of the organization's original members, the School later played a major role in helping to establish the Graduate Management Admission Test, the standardized test that is use to assess the intellectual prowess of MBA applicants.

In the 1950s, Kellogg began offering executive education courses, beginning a program in Bürgenstock, Switzerland, and expanding its executive education offerings in Evanston. In 1956, the school was renamed as the School of Business.

Originally an undergraduate business school, in 1970, Northwestern discontinued its highly respected undergraduate program (the School of Business) so as to focus its energies solely on graduate education. At the same time, the school broadened its emphasis to so as to prepare its students for a wide variety of management careers - whether in the corporate, public, or nonprofit sectors - rather than careers focused solely on traditional business. As a result, in 1969, the Graduate School of Business Administration changed its name to the Graduate School of Management.

In 1979, in honor of a generous gift that was made to the School on behalf of John L. Kellogg, the former President of the Kellogg Company, the school was renamed as the J.L. Kellogg Graduate School of Management. In 2001, as a simplification, the name was shortened to Kellogg School of Management. It also includes the Allen Center for executive education, established during the 1980s.

While Kellogg is distinguished overall for its graduate business programs, its reputation is particularly notable in marketing. It has been consistently ranked as the leading program in marketing among graduate schools of business by Business Week and the Wall Street Journal, among others.

[edit] Students and culture

Kellogg offers Full-time MBA, Executive MBA, and Part-time MBA programs. The Kellogg School's Full-time MBA programs include the traditional Two-Year MBA program (known as the 2Y Program); the accelerated One-Year MBA program (known as the 1Y Program); the Master of Management and Manufacturing (MMM) program, a joint program with Northwestern University's Robert R. McCormick School of Engineering and Applied Science; and the JD-MBA program, taught in conjunction with Northwestern University Law School. In addition to its highly-successful MBA programs, the School also offers a PhD program.

Regardless of which program they enroll in, the School's students are part of a culture that is famous for its emphasis on teamwork and leadership skills. Much of this reputation is driven by the School's operational model, which provides a plethora of opportunities for students to lead initiatives on behalf of the School. Many aspects of the School, from admissions decisions, to admitted students weekend, to orientation week, to the annual conferences and events that the School hosts, are organized and led by students.

Because student leadership is such an integral part of the School, Kellogg was the first business school in the world to insist that all applicants be interviewed to assess their leadership potential and suitability for Kellogg's cooperative environment. 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. Admitted students are expected to be high-achievers as well as team players, and to embrace the concept of 'co-opetition' (cooperation and competition). Kellogg graduates are reputed to be exceptional team leaders, and the School is particularly envied for its fun and co-operative culture.

[edit] Research and academics

Some of Kellogg's most prominent scholars and professors, past and present, include:

  • Philip Kotler,#4 management guru of all time as ranked by the Financial Times and renowned marketing scholar
  • Arthur Andersen, founder of the auditing firm bearing his name and former President of Northwestern University
  • Dipak C. Jain, current Dean. Sidney Levy Award for Excellence in Teaching in 1995; the John D.C. Little Best Paper Award in 1991; Kraft research professorships in 1989-90 and 1990-91; the Beatrice research professorship in 1987-88; the Outstanding Educator Award from the State of Assam in India in 1982; the Gold Medal for the Best Post-Graduate of the Year from Gauhati University in India in 1978; the Gold Medal for the Best Graduate of the Year from Darrang College in Assam in India in 1976; the Gold Medal from Jaycees International in 1976; the Youth Merit Award from Rotary International in 1976; and the Jawaharlal Nehru Merit Award, Government of India in 1976.
  • Willard Eugene Hotchkiss, founding Dean of Kellogg who went on to act as founding Dean of Stanford University's Graduate School of Business
  • Bala Balachandran, one of the top management accountants alive, pioneered Activity Based Costing
  • Walter Scott, former Chairman of Diageo, CEO of Ameriprise Financial, CFO of the Pillsbury Company, and Associate Director for Economics and Government at the United States Office of Management and Budget
  • Mohan Sawhney, pioneer in the field of technology management, and one of the 25 most influential people in e-Business as ranked by Businessweek
  • Donald Jacobs, Dean Emeritus who led the school during its rise to national and international prominence from the 70s into the 90s.
  • Louis Stern, the inventor of channel strategy
  • Robert McDonald, author of Derivatives Markets, the textbook on derivatives taught at business schools around the world
  • Richard Sandor, the "father of financial futures" and the CEO and Chairman of the Chicago Climate Exchange
  • Donald Haider, expert on intergovernmental relations, and the only individual to be named both a Congressional Fellow and a White House Fellow
  • Steven Rogers, professor of entrepreneruship and winner of the Entrepreneur of the Year Award (supporter category) by Ernst and Young
  • Ranjay Gulati, one of the top 10 most cited scholars in Business over the last 10 years
  • Andris Zoltners, pioneer in sales force strategy and founder of ZS Associates, a global management consulting firm specializing in sales and marketing strategy
  • Lynn M. Martin, Chair of the Council for the Advancement of Women
  • Sergio Rebelo, pioneer in the field of international finance and exchange rate theory
  • Brian Uzzi, pioneer in social networking theory
  • Sunil Chopra, world-renowned expert in supply chain management
  • John Ward, expert in family-business issues, co-founder of the Family Business Consulting Group, author of several books on the subject, and winner of the Richard Beckhard Award for Distinguished Leadership in Family Business


Kellogg's research centers include:

  • The Accounting Research Center
  • The Center for Biotechnology
  • The Center for Business, Government and Society
  • The Center for Executive Women
  • The Center for Family Enterprises
  • The Center for Financial Institutions and Markets
  • The Center for Health Industry Market Economics
  • The Center for Mathematical Studies in Economics & Mathematical Science
  • The Center for Nonprofit Management
  • The Center for Operations & Supply Chain Management
  • The Center for Retail Management
  • The Center for Research on Strategic Alliances
  • The Center for Strategic Decision-Making
  • The Center for Research in Technology & Innovation
  • The Dispute Resolution Research Center
  • The Ford Motor Company Center for Global Citizenship
  • The General Motors Research Center for Strategy in Management
  • The Guthrie Center for Real Estate Research
  • The Heizer Center for Entrepreneurial Studies
  • The International Business Research Center
  • The Larry and Carol Levy Institute for Entrepreneurial Practice
  • The Kellogg Team & Group Research Center
  • The Zell Center for Risk Research.

All of Kellogg's professors perform both teaching and research. The school takes feedback from executives participating in Executive MBA and Part-time MBA programs into account in defining the curriculum of its Full-time MBA program. Most classes combine lectures on theory, discussion of case studies, as well as student group projects.

[edit] Global partnerships

Kellogg has built a network of partner schools around the world to increase collaboration across regions, create a global dialogue on important management topics, and provide an integrated global network for executive education. Partner schools include:

[edit] Alumni

Kellogg has over 50,000 alumni. Prominent alumni include:

Private Equity

Professional Services

Financial Services

Venture Capital

Technology

Consumer Goods

Retail

Healthcare / Biotech

Media / Entertainment / Information Services

Industrials

Government

Academia

[edit] Rankings

Kellogg is consistently ranked among the top 5 business schools in the world. Recent historical rankings of Kellogg's MBA, Executive MBA, and Part-time MBA in BusinessWeek, The Economist, Financial Times, Forbes, US News & World Report, and Wall Street Journal are:

2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988
BusinessWeek (MBA) 3 1 1 1 1 2 2 2 2 3 3 2 2 1 1 1 1 1 1
BusinessWeek (EMBA) 1 1 1 1 1 1
Economist (MBA) 6 2 1 1 1
Financial Times (MBA) 17 11 11 13 10 12 10 11 13 11 9 8 11 8
Financial Times (EMBA*) 8 2 7
Forbes (MBA) 10 9 11 8 8 7 8 9
US News (MBA) 4 4 4 4 5 3 3 4 4 3 4 4 4 3 4 3 4 2 4
US News (EMBA) 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1
US News (Part-time) 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3 3
WSJ (MBA) 6 4 7 4 4 5
  • Two of Kellogg's other Executive MBA programs are also highly ranked by the Financial Times. The School's Kellogg-HKUST program at the Hong Kong UST Business School is ranked #2 in the world, while the School's Kellogg-WHU program at WHU Business School in Germany is ranked #12 in the world.

[edit] Location and facilities

Kellogg's Full-time and Executive MBA facilties are situated along the shores of Lake Michigan in Evanston, Illinois on Chicago's North Shore, while the school's Part-time MBA program is housed on Northwestern's Downtown Chicago campus. Full-time and Executive students of the Kellogg School enjoy access to a private beach, extensive sports and aquatic facilities, bike paths, playing fields and a sailing and windsurfing center. In 2006, Kellogg opened a new campus for its EMBA program for Latin American executives in Miami. Kellogg-Miami EMBA Program Executives fly in from all over Latin America for weekend courses.

In 2006, Kellogg opened a new campus for its EMBA program for US Based and Latin American based executives in Miami. Kellogg-Miami EMBA Program Executives fly in from all over the United States, Latin American and even European countries for weekend courses.

Independently from the site, the EMBA Programs deliver the same content and Kellogg's traditional leadership and teamwork approach that had keept it consistently in the #1 place within EMBAs rankings.

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