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Kellogg School of Management Overview

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Jason Fernando
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Jason Fernando is a professional investor and writer who enjoys tackling and communicating complex business and financial problems.
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Updated August 06, 2023
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What Is the Kellogg School of Management?

The Kellogg School of Management is the graduate business school of Northwestern University. The institution was founded in 1908 and is located in Evanston, Illinois. The school is known for its focus on interdisciplinary learning and international exchange opportunities.

The school's Master of Business Administration (MBA) is very well respected and is commonly included among the 10 best programs in the United States by leading publications such as The Economist, Forbes, and U.S. News.

Key Takeaways

  • The Kellogg School of Management is a business school at Northwestern University in Illinois.
  • It is considered one of the most prestigious business schools in the United States.
  • Graduates from the Kellogg School of Management generally pursue careers in the management consulting, technology, and financial services sectors.

Overview of the Kellogg School of Management

The Kellogg School of Management was founded in 1908 as the School of Commerce. It was renamed the J.L. Kellogg Graduate School of Management in 1979 after it received a significant donation from the John L. and Helen Kellogg Foundation.

Kellogg is known for its global footprint, with campuses in Germany, Canada, Israel, and China. The school also has campuses in Chicago and Miami. As one of the United States’ most well-respected business schools, competition for attendance is typically fierce, with the MBA program typically rejecting around 70% of applicants.

The school offers a range of MBA and postgraduate programs, undergraduate certificates, and a graduate degree in management studies. In addition to the full-time MBA program, which takes two years to complete, the school also offers a variety of MBA programs designed for working professionals who wish to study on a part-time basis as they continue to work. This includes their evening and weekend MBA programs and their Executive MBA program.

Notable graduates of Kellogg are Ted Phillips, former CEO and President of the Chicago Bears; Roslyn Brock, chair of the National Association for the Advancement of Colored People; and Cindy Axne, senior advisor at the U.S. Department of Agriculture.

Many business schools have created programs that prepare students for careers in the artificial intelligence (AI) industry. Kellogg is one of these schools and has called its degree "MBAi."

Statistics

The full-time MBA class size for the 2023-2024 school year was 503 students, composed of 38% international students. The average GPA for the class was 3.7, and the average GMAT score was 729. The school also accepts the GRE, with average scores of 162 for the verbal section and 163 for the quantitative section.

According to U.S. News and World Report, Kellogg received 4,187 applications for the 2023-2024 school year (228 of which were for the part-time program). There were 1,316 full-time (31.4%) and no part-time applicants accepted.

Kellogg School's Reputation and Standing

Kellogg graduates found employment principally in the management consulting, technology, and financial services sectors. Some of the top employers included McKinsey & Company, The Boston Consulting Group, Amazon, and Bain & Company. Kellogg School of Management MBA grads saw an average starting salary of $164,000 in 2023.

In 2023, the Kellogg School of Management’s full-time MBA program was rated the second-best program in the United States by U.S. News and World Report.

Costs to Attend Kellogg

As of 2023, the costs for a one-year MBA at Kellogg include:

  • Tuition: $112,336
  • Food and Housing:$26,400
  • Books, supplies, other: $23,659
  • Total: $162,395

The costs for the two-year MBA are (per year):

  • Tuition: $81,015
  • Food and housing: $19,800
  • Books, supplies, other: $19,617
  • Total (one year): $120,432
  • Total (two years): $240,864

Is a Kellogg MBA Worth It?

Kellogg's MBA is recognized globally and is in demand by many large or notable corporations and businesses. If you want to work for one of these companies, the program might be worth the cost, as you can recover the expenses within a few years. However, you can get a good business education at many other schools—but if you want one of the best educations around, the Kellogg MBA is worth it.

What GPA Do You Need to Get Into Kellogg?

There is no set GPA required by the school, but the higher your GPA, the better your chances. The average GPA for the class of 2024 is 3.7, so you'll need to be close to or above that.

Is Kellogg Better Than Harvard?

Whether one school is better than the other is subjective. Each school has its own teaching method, so it's best to compare the curriculums and costs to learn more about them.

The Bottom Line

The Kellogg School of Management at Northwestern University is one of the top-rated graduate business schools in the U.S. It is expensive to attend, but the education, connections, and employment opportunities make it an attractive option for professionals wanting a reputable MBA.

Article Sources
Investopedia requires writers to use primary sources to support their work. These include white papers, government data, original reporting, and interviews with industry experts. We also reference original research from other reputable publishers where appropriate. You can learn more about the standards we follow in producing accurate, unbiased content in our editorial policy.
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