From Wikipedia, the free encyclopedia
The
Kellogg School of Management (
The Kellogg School or
Kellogg) is the
business school of
Northwestern University in
Evanston, Illinois,
downtown Chicago, Illinois and
Miami, Florida. Kellogg offers full-time, part-time, and executive programs, as well as partnering programs with schools in
China,
India,
Hong Kong,
Israel,
Germany,
Canada, and
Thailand. Degrees granted include the
Master of Business Administration (MBA),
Ph.D., and an MBA-
JD.
[3]Founded in 1908 in downtown Chicago as a part-time evening program, the school was chartered to educate business leaders with "good moral character."
[4] Kellogg pioneered the use of group projects and evaluations and popularized the importance of "teamwork" and "team leadership" within the business world.
[5][edit]History
The Jacobs Center on the Evanston campus.
The school, originally founded in 1908 as Northwestern University's School of Commerce, a part-time evening program, was one of 16 founding members of the Association to Advance Collegiate Schools of Business, the organization that sets accreditation standards for business schools.
[6] As one of the organization's original members, the school later played a major role in helping to establish the Graduate Management Admission Test.
[7] In addition, faculty associated with the school have made contributions to fields such as marketing and decisions sciences.
[8] 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.
[9] He went on to serve as president of Northwestern University from 1920-1939.
[10] 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.
[11] Similarly, Kotler's Marketing Management text has played a key role in deepening the field's scholarship.
[12]In 1919, Ralph E. Heilman, a Northwestern graduate with a doctorate from Harvard, was appointed 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.
[13]In 1951, Kellogg 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 cofounder 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 as 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. In addition, this training was oriented toward general management, rather than narrowly functional skills, as had largely 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.
[14]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) so as to focus its energies solely on graduate education. In so doing, the school decided to pursue a research-based faculty, quickly attracting 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, founded in 1967 and initially led by Professor Stanley Reiter.
[15]In 1979, in honor of a $10 million gift made to the school on behalf of
John L. Kellogg,
[2] 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 student rooming facility designed as a living-learning center. Even prior to the Kellogg gift, the school had been bolstering its research-based faculty: In 1978 alone the school added six additional "named" professorships and two new research professorships. In 2001, in an effort to solidify the school's brand, the name was shortened to the
Kellogg School of Management." The story on the Kellogg Centennial site
[3] highlights the Kellogg School’s journey over the last 100 years
.In June 2009, Kellogg announced that Dipak C. Jain would step down as dean after eight years of leadership and return to teaching
[4]. On September 1, 2009, Sunil Chopra, former Senior Associate Dean:Curriculum and Teaching and IBM Distinguished Professor of Operations Management, assumed as interim dean while the Dean Search Committee worked to find the best candidate to lead the school. 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 will be located adjacent to Lake Michigan and will include classrooms, faculty offices, collaborative learning spaces and administrative offices. As of the announcement date, the timing for completion of the new facility had not yet been determined.
[5]In March 2010, Kellogg announced that Sally Blount will replace Sunil Chopra as the 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.
[6][edit]Campuses
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 Part-Time MBA program is housed on Northwestern's Downtown Chicago campus in Wieboldt Hall. 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. The downtown campus is in the heart of Chicago, only a few blocks away from either Lake Michigan or Michigan Avenue, and conveniently located near the many Loop office buildings where its students work. In January 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 and the United States for weekend courses. Regardless of location, the Kellogg School EMBA programs deliver the same exemplary content and traditional leadership and teamwork approach that had kept Kellogg consistently in the No. 1 position within EMBA rankings.
[16]On November 11, 2009, Northwestern University announced plans to construct a new building to house the Kellogg Full-Time program. The new facility will be located adjacent to Kellogg’s Allen Center, will centralize management research and education activities, creating a unified, state-of-the-art presence on Northwestern’s Evanston campus. The timing of its construction will depend upon fundraising reforms.
[17][18][edit]Academics
[edit]Programs
Kellogg offers Full-Time MBA (
2-Years and 1-Year MBA), Executive MBA, MMM (MBA + MEM), JD-MBA, and Part-Time MBA (PTMBA), programs, as well as non-degree Executive Education programs.
The standard Part-Time MBA offers degrees across 19 different areas of focus including (Accounting Information and Management, Analytical Consulting, Analytical Finance, Decision Sciences, Entrepreneurship and Innovation, Finance, Health Enterprise Management, Human Resources Management, International Business, Management and Organizations, Management and Strategy, Managerial Economics, Marketing, Marketing Management, Media Management, Operations Management, Real Estate Management, Social Enterprise at Kellogg, and Technology Industry Management. In addition, this program offers experiential learning opportunities maximizing direct experiences. Part-Time classes are held during the evening as its students have full-time jobs. Most courses are held in downtown Chicago at 340 E. Superior Street and the remainder in the Evanston campus. Saturday Part-Time MBA program, a program begun June 2007 which is designed for students who do not live near Chicago or travel during the week for work. After completion of a Kellogg MBA, the Part-Time program offers graduates the opportunity to continue their education free of charge with the Degree Enhancement Program (DEP). As part of this program, within two years of graduating students may elect to take up to six additional courses to further their studies or complete the requirements for additional majors.
In addition to its MBA programs, the school also offers a PhD program whose principal objective is to train candidates for academic positions in universities. Seven areas of study are offered at the PhD level: Accounting Information and Management, Finance, Managerial Economics and Strategy, Marketing, Management and Organizations, Management and Organizations and Sociology (a joint initiative of the Kellogg School and Northwestern University’s Weinberg College of Arts and Sciences) and Operations Management. Kellogg also offers a JD-PhD degree that enables doctoral students to earn a law degree and a PhD degree concurrently.
The 1-Year (1Y) program is an accelerated MBA program for students looking to progress their career in a shorter amount of time. Based on previous academic experience, students in the 1Y program are exempted from many of the core classes which allows them to take all electives in any of the majors offered by the school.
The MMM Program is a dual-degree program for MBA and MEM (Master of Engineering Management) that integrates management, operations and design, from concept to execution. This program admits approximately sixty students each year and combines the rigors of the Kellogg School's management program with challenging work in operations and design at McCormick, one of the country's leading engineering schools. The MMM coursework culminates with an Integration Project, which involves applying specific knowledge of design and operations together with general knowledge of business to address a real world problem of importance to a client. The MMM students receive the Master of Business Administration from the Kellogg School of Management and the Master of Engineering Management from the McCormick School of Engineering and Applied Science at Northwestern University.
The JD-MBA Program is a dual-degree program administered by both Kellogg and the
Northwestern University School of Law. The Northwestern JD-MBA program is completed in 3 years, as opposed to the four years required at most other institutions. Students graduate with both a
Juris Doctor (JD) degree and a
Master of Business Administration (MBA) degree. The program pioneered a unique application process among JD-MBA programs, in that there is a single admissions application and the
GMAT is required, but not the
LSAT. In 2010, The University of Pennsylvania revised their JD-MBA application requirements to match those at Kellogg. The Kellogg JD-MBA program enrolls, on average, 25 students per year.
In addition to degree programs, the Kellogg School offers non-degree executive programs covering an array of topics. Both open enrollment, custom and longer form general management programs are offered at the Kellogg executive education facility, the James L. Allen Center and at the Kellogg School's Miami campus.
As part of its international initiatives, Kellogg offers the Global Initiatives in Management program (GIM) where students will spend 10 weeks learning about the global business environment. This is followed by a 2 week trip to a country chosen by the students where they can learn about specific industries by visiting companies of interest and meeting with several government officials. Past destinations have included South Africa, South East Asia, Japan, China, The Middle East and many others. In 2011, students will visit India, China and South America.
Also, graduate students at Northwestern University who are actively enrolled in a school other than Kellogg are eligible to enroll in one Evanston Campus (Full Time Program) Kellogg MBA course per term, with the approval of the home school and Kellogg, if the following conditions are met: both 1) All pre-requisites are met, and 2) A seat is available in the course
[edit]Rankings
Two of the Kellogg School's other executive MBA programs are also highly ranked by the Financial Times. The School's Kellogg-HKUST executive MBA program at the Hong Kong UST Business School is ranked No. 1 in the world, while the school's Kellogg-WHU executive MBA program at WHU Business School in Germany is ranked No. 14 in the world.
The Kellogg EMBA consistently ranks in the No. 1 position.
According to the Global MBA rankings 2011 from the Financial Times, Kellogg is ranked No.21 in the worldwide.
In 2011, three Kellogg professors Katherine Phillips, Gad Allon, and Derek Rucker were named "The World's Top Business Professors under 40" by Poets & Quants.
[27][edit]Students and culture
Kellogg students are part of a culture that emphasizes
teamwork and
leadership skills. 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.
[citation needed]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.
[32] 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.
[32]Many applicants attend Day At Kellogg (DAK) after being informed that they have been admitted. The event, which is led by current students, welcomes admits to Kellogg and helps them gain a deeper understanding of Kellogg's academic offerings, professors, clubs, facilities, and culture. Throughout DAK, admits are organized into sections, which mirror those of students after they matriculate. Sections then take mini-courses with Kellogg professors, compete in various challenges, such as obstacle courses, and are provided with dinners, housing tours, and similar events. Ultimately, DAK is designed not only to be an exciting introduction to the school, but also to provide admits with the information they need to make a decision about whether to attend Kellogg.
Prior to on-campus orientation many new incoming students go on a Kellogg Worldwide Experiences and Service Trips (KWEST) to destinations all over the world for a week with 25 of their future classmates. Full-time Kellogg students are grouped into 8 sections (commonly referred to as cohorts at other top business schools): the Poets, Cash Cows, Highlanders, Bucketheads, Bullfrogs, Big Dogs, Jive Turkeys and Moose. Sections socialize and engage in competition during the first few weeks of Kellogg's orientation, called its Complete Immersion in Management (CIM). Most students also take first year core courses with their respective sections. Students completing their graduate studies in an extended 1-year program are designated as a ninth section, the Roadrunners.
[citation needed]All students enrolled in a course offered by the Kellogg School of Management agree to abide by the Kellogg Honor Code. The purpose of the Kellogg Honor Code is to promote these qualities so that each student can fully develop his or her individual potential. Students who violate the Kellogg Honor Code violate this agreement and must accept the sanction(s) imposed by the Kellogg community.
[33]Kellogg is also known for its amazing entirely student-led performing arts groups. "Special K!" puts on an annual musical production that epitomizes and highlights the myriad talents of its student body. Every year, the alumni of the previous year's "Special K!" come back to perform in front of the incoming students. Kellogg is also home two cover bands, "The Rocket Pockets" and "Captains of Industry", who perform at Kellogg events.
As part of its student led culture, Kellogg offers a wide array of clubs for students to take significant involvement in. These include professional clubs where the student body strengthens and builds relationships with world-leading external companies (examples include the consulting, investment banking and marketing clubs), athletic clubs where students have the opportunity to compete against both other Kellogg teams and students from other leading business schools (examples include basketball, flag football, hockey, rugby and soccer), cultural clubs where students can connect with other students with similar backgrounds (examples include the Asian Business Association, Hispanic Management Association, Black Management Association, Southeast Asia Business Club, Women's Business Association and the Gay & Lesbian Management Association) and social/ community service clubs where students have the opportunity to enjoy similar passions in a setting conducive to forming strong bonds with their peers (examples include Brew n' Q, Kellogg Cares, Cork & Screw and Kellogg Volunteers).
Each December, Kellogg students embark on a week long trip ski trip to celebrate the end of the fall term. The trip is planned and led by the Kellogg Ski and Snowboard Club and is the largest MBA ski trip in the nation with 800 participants. Also on Friday, during the academic quarter, students meet at 5pm in the Jacobs center for an event called TG. People from the Kellogg community come together to unwind and catch up. Refreshments are served and the event is typically sponsored by student clubs, companies or other on campus organizations.
[edit]Research and academics
Some of the Kellogg School's scholars and professors, past and present, include:
Current faculty:
- Jeanne M. Brett, the DeWitt W. Buchanan, Jr. Professor of Dispute Resolution and Organizations, a social psychologist whose work on cross-cultural negotiations and dispute resolution has been widely acknowledged.[34][35] She is also a founder of the Dispute Resolution Research Center
- 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[36]
- Philip Kotler, #4 management guru of all time as ranked by the Financial Times and marketing scholar
- Harry Kraemer, Clinical Professor of Management and Strategy, also an executive partner with Madison Dearborn, a private equity firm based in Chicago
- Dale T. Mortensen, Awarded the Nobel Prize in Economics in 2010 for his work on the search and matching theory of frictional unemployment.
- Sergio Rebelo, the Tokai Bank Professor of Finance, a macroeconomist noted for his work on real business cycles[37][38] and, more recently, fiscal policy.[39] Rebelo is a Fellow of the Econometric Society[40] and has been decorated as Grand Official in the Order of Sant'Iago da Espada[41]
- Mohan Sawhney, pioneer in the field of technology management, and one of the 25 most influential people in e-Business as ranked by Businessweek
- Brian Uzzi, the Richard L. Thomas Professor of Leadership and Organizational Change, a sociologist whose work on social networks, embeddedness and complexity theory has received numerous awards[42][43][44]
- Robert J. Weber, the Frederic E. Nemmers Professor of Decision Sciences. His work on auctions[45] (e.g., his 1982 paper with Milgrom ("A Theory of Auctions and Competitive Bidding." Econometrica. 50(5): 1089-1122), and approval voting[46] (e.g., his 1977 monograph "Comparison of Voting Systems") is considered seminal in the profession.
- Robert McDonald, Erwin P. Nemmers Professor of Finance, an economist whose research interests include corporate finance, taxation, derivatives, and applications of option pricing theory to corporate investments. He is the author of Derivatives Markets, a text published in 2002
- Steven Rogers, is the Gordon and Llura Gund Family Distinguished Professor of Entrepreneurship and is also the Director of the Levy Institute for Entrepreneurial Practice. He teaches Entrepreneurial Finance for the MBA program.
- Andris Zoltners is a pioneer in sales force strategy and a co-founder of ZS associates, a global management consulting firm specializing in sales and marketing strategy.[47]
Emeritus faculty:
- Robert Blattberg, Professor Emeritus of Marketing, retired in 2009, a researcher in the field of quantitative marketing, including sales promotion research, customer equity management and retailing behavior.
- Louis W. Stern, Professor Emeritus of Marketing, retired in 2001; noted for his research in the behavioral aspects of marketing channels of distribution[48]
- Sidney J. Levy, Professor Emeritus of Marketing, retired in 1991; recognized as one of the main contributors to marketing and consumer behavior in the twentieth century for his work on brand image, symbolism, and cultural meaning in marketing[49]
- Alfred Rappaport, Professor Emeritus of Accounting and Information Systems, retired in 1995, developed the "Shareholder Scoreboard" (published annually by the Wall Street Journal),[50] author of Creating Shareholder Value (Free Press, 1986) and credited as one of the originators of the shareholder value concept
Former faculty:
- Arthur Andersen, founder of the auditing firm bearing his name
- Max Bazerman, faculty between 1985 and 2000 in the Department of Management and Organizations
- Bengt Holmstrom, faculty between 1970 and 1983 in the Department of Managerial Economics and Decision Sciences
- Ranjay Gulati faculty between 1993 and 2008 in the Department of Management and Organizations
- Dawn Iacobucci, faculty between 1987 and 2004 in the Department of Marketing
- Marvin Manheim, William A. Patterson Distinguished Professor of Transportation
- Paul Milgron, faculty between 1970 and 1983 in the Department of Managerial Economics and Decision Sciences.
- Roger Myerson, faculty between 1976 and 2001; winner of the 2007 Nobel Prize in Economics
- John F. Sherry, Jr., faculty between 1993 and 2005 in the Department of Marketing
Conferences:
Kellogg hosts several annual
conferences each year. The conferences are student-led and bring business leaders from around the world to the Kellogg School campus. Conference topics range from "Innovating Social Change" to "Private Equity and Venture Capital". The Technology Conference
[51], now in its 17th year, is the longest running MBA technology conference in the nation. In addition to professional conferences such as these and the Finance Conference. Kellogg students also host several conferences such as the Black Management Association, India Business, Latin America Conference and China Business Conferences.
[edit]Global partnerships
In addition to the Kellogg School campuses in Evanston and Miami, the Kellogg School partners with institutions abroad that share its commitment to academic excellence and a global understanding of management. Kellogg’s partner institutions are leaders in business education in Asia, Europe, the Middle East and Canada.
Beginning in 1996, Kellogg established joint Executive MBA programs with the Recanati Graduate School of Management at Tel Aviv University in Israel; WHU-Otto Beisheim Graduate School of Management in Vallendar, Germany; the School of Business and Management at the Hong Kong University of Science and Technology in China; and the Schulich School of Management at York University in Toronto. These partnerships have allowed the school to build an international network of MBA students, all fluent in the common Kellogg language of academic excellence, team leadership and the power of diversity.
To further increase their understanding of global business issues, the Kellogg EMBA program offers students a one-of-a-kind opportunity to complete an elective course during Live-In Week at one of the Kellogg School’s Global Partner Institutions in Tel Aviv, Israel; Vallendar, Germany; Toronto, Canada; or Hong Kong.
Kellogg offers joint executive MBA degree programs with—and grant Kellogg degrees to—these schools:
