Kellogg School of Management – Northwestern University - Accelerated MBA

Kellogg Accelerated MBA Program Structure

The Northwestern University Accelerated MBA (One-Year) at the Kellogg Graduate School of Management is an accelerated program designed to bypass core classes. The program starts and finishes in June and can be completed in just one year. Students take required courses over the summer that are designed to complement undergraduate business studies and then complete their degree with elective courses in the fall, winter, and spring. The program consists of 15.5 credits in total – students take at least two summer courses in Leadership and Business Strategy, a Crisis Management half credit course right before the fall term, and then join second-year MBA students for the final 13 courses before earning their degree. Following the unique full-time summer quarter, where students complete two required courses and often several additional electives, One-Year MBA students are treated as second-year (two-year) full-time students at Kellogg for the fall, winter and spring terms and graduate with fellow second-year MBA candidates in June.

In September 2014, the school announced it had expanded its M.S. in Management Studies (MSMS) degree beyond Northwestern University undergraduates beginning with the class that commenced in summer 2015. The MSMS program, a Master of Science program for undergraduates, equips liberal arts students with specialized management and business skills in less than one year.

Kellogg has increased the size of its One-Year MBA program by nearly 20 percent over the past two years and will continue to evolve with the market. Launched 50 years ago, Kellogg was the first top-tier business school to offer a One-Year MBA program designed for students who have both a business-related degree and several years of work experience, allowing them to bypass core classes and immediately dive into advanced studies customized to their career goals.

Curriculum

The Kellogg Accelerated MBA requires previous (generally undergraduate) business coursework in Financial Accounting, Statistics, Finance, Economics, Marketing, and Operations. Since this core coursework is completed prior to enrollment, there are only 2.5 mandatory course credits, allowing One-Year program students the flexibility to pursue areas of interest among seven available areas of study, including majors in Accounting, Economics, Finance, and others. Most Kellogg students pursue two or more of these majors.

Full-Time MBA Rankings

• U.S. News & World Report: 6
• Bloomberg: 10
• Forbes: 4
• Financial Times: 11
• The Economist: 2

Class Profile

The Kellogg Class of 2021 full-time MBA program is comprised of 473 students. Nearly 43 percent of the new class are female students, with 57 percent male students. About 32 percent of the class is made up of international students and 26 percent of the class are U.S. minority-status students.

The undergraduate GPA of the class is 3.6, the average GMAT is 730, and most students have around five years of work experience. Students in the class are, on average, 27-years old.

Careers Statistics

A total of 674 full-time One-Year and Two-Year Kellogg MBAs graduated in 2018, with the majority of grads joining the consulting industry (30 percent), tech industry (28 percent), and the finance industry (14 percent). The average annual salary for those in consulting was $140,830 and the average signing bonus was $28,130.

Tuition, Scholarships, and Financial Aid

The Kellogg Accelerated MBA program total tuition is $110,531. In addition to this cost, Kellogg estimates that students in this program will incur the following expenses:

• Activity fee (one time): $2,000
• Books and Supplies: $2,743 (estimated)

In total, the estimated cost for the program is currently $115,274.

The Office of Admissions and Financial Aid helps students identify and secure financial resources to help offset the cost of Kellogg’s program. Kellogg offers long-term, low-interest loans as well as merit scholarships and merit/need-based grants, but funding is extremely limited for One-Year MBA candidates.

Admissions

Applicants to the Kellogg Accelerated MBA Program must submit the following materials for an application:

• Date form including biographical details, educational experiences, academic honors, activities, work experience, self-reported GMAT/GRE, and TOEFL scores (as applicable).
• Interview request (on-campus or off).
• Resume
• $250 non-refundable application fee, by credit card.
• Two letters of recommendation
• Scanned transcripts from undergraduate institution(s)
• Proof of required core business academic work
• Scanned GMAT/GRE/TOEFL scores
• Updated test scores, if applicable
• Three Essays
• Video Essay
• Kellogg Honor Code

Application deadlines are as follows:

*MBAi applicants R3 deadline has been extended to May 5, 2021. Decisions will be released on June 9, 2021.

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