DEFINITION of Kellogg School of Management
The Kellogg School of Management is the business school at Northwestern University. It provides both full- and part-time programs as well as executive education curriculums at both the master's and doctorate levels. The school has partnerships with learning institutions in several other countries, including China, India, Hong Kong, Israel and Germany.
BREAKING DOWN Kellogg School of Management
The Kellogg School of Management was founded in 1908 and has locations in Evanston, Ill., Chicago and Miami. The school was originally called the School of Commerce and began as a part-time program to instill ethics in local business leaders and executives. It is one of the original members of the Association to Advance Collegiate Schools of Business (AACSB) and played an integral role in the creation of the Graduate Management Admission Test (GMAT).
Creation of the Executive MBA
In 1951, executive courses were held over a four-week period at school, setting the stage for what would become their executive master of business administration (MBA) program in 1976. In the years in between, these executive courses expanded to Europe and a second session was added in Illinois. The current home of the school, the Allen Center, was completed in 1979. In the same year, John L. Kellogg donated $10 million to the school and it was renamed the J.L. Kellogg School of Management. His donation was used to create teaching positions and a place for executive student to stay and learn together.
Other Degrees Offered and Tuition at Kellogg School of Management
In addition to the executive MBA, Kellogg offers a full-time MBA, evening and weekend MBA, master's degree in design and innovation (in conjunction with the McCormick School of Engineering, PhD, and the Kellogg Asset Management Practicum. As of the 2017-2018 academic year, there were 1,296 full-time students and 747 part-time students enrolled. Tuition costs $68,955 per year for the full-time program and $100,560 for the executive MBA program. Competition for full-time spots is fierce, with over 4,500 applying and less than 500 ultimately attending.
Over the past several years, Kellogg has been ranked among the top business schools worldwide, including in 2017, when it was named the top business school in the world by The Economist. Graduates of the school number over 50,000 and hold executive positions in companies around the globe. They are part of an exclusive network of alumni who keep in touch through 60 local alumni clubs and the work of the Kellogg Alumni Council (KAC). Both alumni and current students can take advantage of Kellogg's career management services.