Kellogg I Year MBA Brochure

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One-Year

MBA Program
1Y The fastest way to your Kellogg MBA

NORTHWESTERN UNIVERSITY
If you know where you’re going, we can help
you get there faster.
Awarded by one of the most respected schools of management in the world, your Kellogg MBA
automatically places you in the top tier of business school graduates. If you want to return to
the workplace as fast as possible, the Kellogg One-Year (1 Y ) MBA Program may be your answer.

Is the one-year program right for you? An accelerated academic program.


The Kellogg 1 Y MBA Program offers a great As a 1Y student, most of the core courses required
opportunity to move forward in your career at a of other full-time MBA program students are waived
remarkable pace. To complete a Kellogg MBA in based on your previous academic experience. This
one year, June to June, requires discipline and means virtually unlimited options for designing an
focus. It means hitting the ground running and MBA curriculum that fits your career path precisely.
working hard. If you have clear academic goals and
Because the 1Y program consists almost entirely
you’re confident about where you want the future to
of electives, you can delve deep into a select
take you, a Kellogg MBA could be yours in a matter
number of disciplines or go as broad as you like
of 12 months.
across our 18 areas of study. Most students choose
two or three majors, but pursuing more is not
More than a degree. The complete
unusual. The point is to make the MBA program
Kellogg experience.
yours and yours alone.
The Kellogg experience is what makes the Kellogg
MBA so valuable, and the 1 Y program delivers
the total package. You have complete flexibility
to design an academic program to fit your needs
and future plans. You become fully immersed
in the incomparable Kellogg culture focused on
academic excellence, collaboration and
leadership. And the personal and professional
relationships you build will last a lifetime.
The flexibility for a perfect fit.
“With a business and engineering background and
my professional experience in an international, team-
driven environment, I had developed a fairly broad
business knowledge base. To prepare optimally for my
future career, I was looking for a flexible MBA program
that I could tailor to my needs. The diversity of the
Kellogg 1Y MBA Program was a perfect fit and even
exceeded my expectations.

“The experience of working on a daily basis with fellow


students from a diverse mix of cultures across five
continents continuously expands and sharpens
my business thinking and judgment. The teamwork
and social interaction are key ingredients for having a
great year at Kellogg and forming a strong global
network for the rest of my life.”

Ewout van Jar waarde

I knew I only had one year.


I made it count.
“Because
“ the 1Y program allowed me to bypass core
courses, I had the freedom to dive right into my own
intensive academic experience.

“I dived right in to student life, too, and found it even


more rewarding than I ever imagined. You hear all
the clichés about it being amazing and exciting —
the clubs, the conferences, the community service,
the networking — but the actual Kellogg experience
is ten fold what you could expect.

“I involved myself as deeply and broadly as possible,


but was very selective about taking on leadership
roles like co-chairing the annual marketing
conference and serving as a director in Kellogg
EATZ, the foodie club. Kellogg has enriched my
professional and personal life immeasurably.”

sheena banton
How it works The academic year
All 1Y MBA Program students — about 80 to 90 When the new academic year begins in the
each year — begin with a highly rewarding summer fall, 1Y students are classified as second-year,
session during which they become accustomed to full-time students, which offers certain advantages
the rigorous academic pace of MBA studies and get in selecting electives. During the fall, winter and
involved in the richness of the Kellogg culture. spring terms, you’ll complete your remaining
electives from the more than 300 available across
During the summer, you will complete three to five
the academic disciplines and professional
courses, including the two required courses —
programs.
Management and Strategy (1 credit) and Values and
Crisis Decision-Making (1/2 credit). The remainder 1Y students also have the opportunity to participate
of the schedule consists of electives of your choice in Kellogg’s many experiential learning programs,
and other courses to complement your such as Global Initiatives in Management and
undergraduate business studies. Global Lab, which include international travel and
consulting with businesses around the world. If
Summer on campus
students desire a more international experience,
Summer is a great time to be on campus. You will
they can participate in our study-abroad programs.
form supportive relationships with your classmates,
attend special events together and have time to Upon successful completion of the 15.5 course
get to know the faculty. Because 1 Y students are credits required for the 1Y program, you’ll receive
the only full-time students on campus, and your MBA in June, one year after you started,
graduation is just one year away, it’s the perfect graduating alongside your 1Y and Two-Year (2Y)
opportunity to take maximum advantage of the Program peers.
excellent resources available through the Career
The full Kellogg experience
Management Center.
The academic curriculum is the centerpiece of
Although 1 Y students have a heavy academic the 1Y MBA Program, but the Kellogg experience
workload, there’s hardly a better place in the world extends far beyond the classroom. You’ll also
than Chicago in the summer. Lake Michigan is just participate in special social and program-related
steps away from your classroom, and the city’s activities geared to help you get to know your
cultural and entertainment opportunities are just second-year classmates and expand your network.
minutes away by train.
You can join and take leadership roles in the
full range of clubs, organizations and volunteer
activities created and organized by full-time
students. You’ll also build a network of fellow
students and alumni that will be an invaluable
resource throughout your professional and
personal life.
Profile for 2011 Kellogg One-Year MBA Program Entrants

5
85
Enrolled
Average years’
work experience

Average age

28 52%
International students

700 37%
GMAT median

Female

I found a new level of real-world


experience and understanding.
“I didn’t come just to learn more about finance. I
wanted to broaden my business and management
knowledge. My experiential learning classes added
real-world context and provided some of my most
memorable moments.

“During my Asset Management Practicum, Myron


Scholes, the Nobel laureate, came to speak on
campus. My professor invited him to interact with us
in a class session and later to have dinner with us.
Meeting face-to-face with one of the giants of
modern economic theory was a once-in-a-lifetime
experience, and Kellogg made it possible for me.”

Narayanan Radhakrishnan
Eligibility for the One-Year MBA Program
While most One-Year MBA Program students come to Kellogg with undergraduate business degrees,
the 1Y program also welcomes non-business majors. Prior to enrollment, however, students in the
1Y program must have successfully completed six of the following seven specific business courses
to be eligible: Accounting, Finance, Marketing, Statistics, Operations, Economics, and Organizational
Behavior.
If you are lacking any of the above courses, the eligibility template on the One-Year Program
table below shows the steps you can follow to website and send an email to the Office of
become eligible for the 1Y program. A note about Admissions at MBAadmissions@kellogg.
course eligibility appears below the table. If you northwestern.edu.
have further questions, please download the

One-Year Program Eligibility Requirements

PRIOR TO APPLYING
Before you submit an application to the 1 Y program, you Before applying, successfully complete:
ideally will have completed at least five of the seven required
Accounting
courses as listed here.
Four of the following: Finance, Marketing, Statistics,
Operations, Economics, Organizational Behavior

PRIOR TO ENROLLMENT
Before you can enroll in the 1 Y program, you must have The sixth course must be completed at an accredited university
completed six of the seven courses described here. or community college. We don’t accept online courses. If this
course is not completed prior to enrollment, admission to the
One-Year MBA Program may be revoked.

Other conditions may apply. See kellogg.northwestern.edu/


Programs/FullTimeMBA/MBA_Programs/1_Year_Program
or contact the Office of Admissions at MBAadmissions@
kellogg.northwestern.edu

BY END OF 1Y SUMMER
The seventh course must be completed by the end of the The Office of Student Affairs will determine the schedule for
1 Y summer quarter. these courses, depending on timing and availability. You will
receive credit toward your MBA for the completion of this final
course.

Determining Course Eligibility for 1Y kellogg.northwestern.edu/Programs/


Program Admission FullTimeMBA/MBA_Programs/1_Year_Program.
Because course names and content differ among Knowledge of the content described for those
schools, review Kellogg course descriptions to courses is assumed for upper-level courses, so
determine whether you have covered similar we encourage you to review these descriptions
topics in your undergraduate business education; carefully. Kellogg staff will also assist you in
see “Determining Course Eligibility” at determining eligibility, if needed.
Sample List of Companies for 1Y GraduatES, Classes of 2010 AND 2011

A.T. Kearney Goldman Sachs Group, The Microsoft Corporation


Bain & Company HarbourVest Partners, LLC Nationwide
Banamex HealthScape Advisors, LLC PayPal, Inc.
Blackstone Group Hilton Hotels Corporation Pepsico
Boeing Company JP Morgan Prax Capital
Boston Consulting Group Johnson & Johnson Razorfish
Celfin Capital Kaufman Hall Riverside Company
Chicago Growth Partners Kimberly-Clark Corporation Samsung Group
Danaher Corporation Krung Thai Bank Public Target Corporation
ExxonMobil Company Limited Technology Crossover Ventures
Gibraltar Capital and Asset LAN Airlines ZS Associates
Management McKinsey & Company

Each year, approximately 30-40 percent of 1Y class members, many of whom are employer-sponsored,
return to their former employers.

GMAT Distribution of ENROLLED STUDENTS

Up to 640 650-690 700-740 750-800

8% 38% 43% 12%

GMAT scores are just one of many factors considered in the admissions decision process.

One-Year (1Y) Program Tuition Geographic Distribution

Tuition* $72,000 Asia 6%

Room & board $20,388


Anticipated additional expenses** $14,148
Europe 16%

* Tuition for the 2011-2012 academic school year.


Costs vary from year to year.

** Figure reflects anticipated costs for books/ United States 48%


supplies, travel, personal, health insurance,
Mexico/Caribbean/
computer equipment and various loan fees,
Latin America 12%
and is subject to change.

Canada 5%

Middle East 12%


Averages are
rounded and may
not equal 100%.
Learn more about...
Kellogg faculty research
insight.kellogg.northwestern.edu

Kellogg directly from students


kellogg.northwestern.edu/Programs/FullTimeMBA/TakeAction/Ask_A_Student

Alumni who have made an impact in the world


centennial.kellogg.northwestern.edu/alumni

Other questions?
Contact the Office of Admissions at MBAadmissions@kellogg.northwestern.edu and include
the phrase “1Y Inquiry” in the subject line of your email, or call us at 847.491.3308.

Kellogg School of Management


Northwestern University
Donald P. Jacobs Center
2001 Sheridan Road
Evanston, IL 60208-2001

847.491.3308
MBAadmissions@kellogg.northwestern.edu
kellogg.northwestern.edu

Northwestern University is an equal opportunity, affirmative action educator and employer.

Northwestern University reserves the right to change without notice any statement in this publication concerning, but not
limited to, rules, policies, tuition, fees, curricula and courses. This booklet is part of a package of informational publications
intended to provide information related to the Kellogg School of Management. Photography by Callie Lipkin and Andreas
Larsson. 08-11/1.5m/KSM-CF

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