One-Year MBA Program

Transcription

One-YearMBA Program1YThe fastest way to your Kellogg MBANORTHWESTERNUNIVERSITY

If you know where you’re going, we can helpyou get there faster.Awarded by one of the most respected schools of management in the world, your Kellogg MBAautomatically places you in the top tier of business school graduates. If you want to return tothe 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 greatAs a 1Y student, most of the core courses requiredopportunity to move forward in your career at aof other full-time MBA program students are waivedremarkable pace. To complete a Kellogg MBA inbased on your previous academic experience. Thisone year, June to June, requires discipline andmeans virtually unlimited options for designing anfocus. It means hitting the ground running andMBA curriculum that fits your career path precisely.working hard. If you have clear academic goals andyou’re confident about where you want the future totake you, a Kellogg MBA could be yours in a matterof 12 months.More than a degree. The completeKellogg experience.The Kellogg experience is what makes the KelloggMBA so valuable, and the 1 Y program deliversthe total package. You have complete flexibilityto design an academic program to fit your needsand future plans. You become fully immersedin the incomparable Kellogg culture focused onacademic excellence, collaboration andleadership. And the personal and professionalrelationships you build will last a lifetime.Because the 1Y program consists almost entirelyof electives, you can delve deep into a selectnumber of disciplines or go as broad as you likeacross our 18 areas of study. Most students choosetwo or three majors, but pursuing more is notunusual. The point is to make the MBA programyours and yours alone.

The flexibility for a perfect fit.“With a business and engineering background andmy professional experience in an international, teamdriven environment, I had developed a fairly broadbusiness knowledge base. To prepare optimally for myfuture career, I was looking for a flexible MBA programthat I could tailor to my needs. The diversity of theKellogg 1Y MBA Program was a perfect fit and evenexceeded my expectations.“The experience of working on a daily basis with fellowstudents from a diverse mix of cultures across fivecontinents continuously expands and sharpensmy business thinking and judgment. The teamworkand social interaction are key ingredients for having agreat year at Kellogg and forming a strong globalnetwork for the rest of my life.”Ewout van Jar waardeI knew I only had one year.I made it count.“Because“the 1Y program allowed me to bypass corecourses, I had the freedom to dive right into my ownintensive academic experience.“I dived right in to student life, too, and found it evenmore rewarding than I ever imagined. You hear allthe clichés about it being amazing and exciting —the clubs, the conferences, the community service,the networking — but the actual Kellogg experienceis ten fold what you could expect.“I involved myself as deeply and broadly as possible,but was very selective about taking on leadershiproles like co-chairing the annual marketingconference and serving as a director in KelloggEATZ, the foodie club. Kellogg has enriched myprofessional and personal life immeasurably.”sheena banton

How it worksThe academic yearAll 1Y MBA Program students — about 80 to 90When the new academic year begins in theeach year — begin with a highly rewarding summerfall, 1Y students are classified as second-year,session during which they become accustomed tofull-time students, which offers certain advantagesthe rigorous academic pace of MBA studies and getin selecting electives. During the fall, winter andinvolved in the richness of the Kellogg culture.spring terms, you’ll complete your remainingDuring the summer, you will complete three to fivecourses, including the two required courses —Management and Strategy (1 credit) and Values andelectives from the more than 300 available acrossthe academic disciplines and professionalprograms.Crisis Decision-Making (1/2 credit). The remainder1Y students also have the opportunity to participateof the schedule consists of electives of your choicein Kellogg’s many experiential learning programs,and other courses to complement yoursuch as Global Initiatives in Management andundergraduate business studies.Global Lab, which include international travel andSummer on campusSummer is a great time to be on campus. You willform supportive relationships with your classmates,consulting with businesses around the world. Ifstudents desire a more international experience,they can participate in our study-abroad programs.attend special events together and have time toUpon successful completion of the 15.5 courseget to know the faculty. Because 1 Y students arecredits required for the 1Y program, you’ll receivethe only full-time students on campus, andyour MBA in June, one year after you started,graduation is just one year away, it’s the perfectgraduating alongside your 1Y and Two-Year (2Y)opportunity to take maximum advantage of theProgram peers.excellent resources available through the CareerManagement Center.The full Kellogg experienceThe academic curriculum is the centerpiece ofAlthough 1 Y students have a heavy academicthe 1Y MBA Program, but the Kellogg experienceworkload, there’s hardly a better place in the worldextends far beyond the classroom. You’ll alsothan Chicago in the summer. Lake Michigan is justparticipate in special social and program-relatedsteps away from your classroom, and the city’sactivities geared to help you get to know yourcultural and entertainment opportunities are justsecond-year classmates and expand your network.minutes away by train.You can join and take leadership roles in thefull range of clubs, organizations and volunteeractivities created and organized by full-timestudents. You’ll also build a network of fellowstudents and alumni that will be an invaluableresource throughout your professional andpersonal life.

Profile for 2011 Kellogg One-Year MBA Program Entrants5Average years’work experienceAverage age28GMAT median85Enrolled%52International students700 37%FemaleI found a new level of real-worldexperience and understanding.“I didn’t come just to learn more about finance. Iwanted to broaden my business and managementknowledge. My experiential learning classes addedreal-world context and provided some of my mostmemorable moments.“During my Asset Management Practicum, MyronScholes, the Nobel laureate, came to speak oncampus. My professor invited him to interact with usin a class session and later to have dinner with us.Meeting face-to-face with one of the giants ofmodern economic theory was a once-in-a-lifetimeexperience, and Kellogg made it possible for me.”Narayanan Radhakrishnan

Eligibility for the One-Year MBA ProgramWhile 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 the1Y program must have successfully completed six of the following seven specific business coursesto be eligible: Accounting, Finance, Marketing, Statistics, Operations, Economics, and OrganizationalBehavior.If you are lacking any of the above courses, theeligibility template on the One-Year Programtable below shows the steps you can follow towebsite and send an email to the Office ofbecome eligible for the 1Y program. A note aboutAdmissions at MBAadmissions@kellogg.course eligibility appears below the table. If younorthwestern.edu.have further questions, please download theOne-Year Program Eligibility RequirementsPRIOR TO APPLYINGBefore you submit an application to the 1 Y program, youideally will have completed at least five of the seven requiredcourses as listed here.Before applying, successfully complete:AccountingFour of the following: Finance, Marketing, Statistics,Operations, Economics, Organizational BehaviorPRIOR TO ENROLLMENTBefore you can enroll in the 1 Y program, you must haveThe sixth course must be completed at an accredited universitycompleted six of the seven courses described here.or community college. We don’t accept online courses. If thiscourse is not completed prior to enrollment, admission to theOne-Year MBA Program may be revoked.Other conditions may apply. See kellogg.northwestern.edu/Programs/FullTimeMBA/MBA Programs/1 Year Programor contact the Office of Admissions at MBAadmissions@kellogg.northwestern.eduBY END OF 1Y SUMMERThe seventh course must be completed by the end of theThe Office of Student Affairs will determine the schedule for1 Y summer quarter.these courses, depending on timing and availability. You willreceive credit toward your MBA for the completion of this finalcourse.Determining Course Eligibility for 1YProgram Admissionkellogg.northwestern.edu/Programs/Because course names and content differ amongKnowledge of the content described for thoseschools, review Kellogg course descriptions tocourses is assumed for upper-level courses, sodetermine whether you have covered similarwe encourage you to review these descriptionstopics in your undergraduate business education;carefully. Kellogg staff will also assist you insee “Determining Course Eligibility” atdetermining eligibility, if needed.FullTimeMBA/MBA Programs/1 Year Program.

Sample List of Companies for 1Y GraduatES, Classes of 2010 AND 2011A.T. KearneyGoldman Sachs Group, TheMicrosoft CorporationBain & CompanyHarbourVest Partners, LLCNationwideBanamexHealthScape Advisors, LLCPayPal, Inc.Blackstone GroupHilton Hotels CorporationPepsicoBoeing CompanyJP MorganPrax CapitalBoston Consulting GroupJohnson & JohnsonRazorfishCelfin CapitalKaufman HallRiverside CompanyChicago Growth PartnersKimberly-Clark CorporationSamsung GroupDanaher CorporationKrung Thai Bank PublicTarget CorporationExxonMobilCompany LimitedTechnology Crossover VenturesGibraltar Capital and AssetLAN AirlinesZS AssociatesManagementMcKinsey & CompanyEach year, approximately 30-40 percent of 1Y class members, many of whom are employer-sponsored,return to their former employers.GMAT Distribution of ENROLLED STUDENTSUp to 640650-690700-740750-8008%38%43%12%GMAT scores are just one of many factors considered in the admissions decision process.One-Year (1Y) Program TuitionTuition* 72,000Room & board 20,388Anticipated additional expenses** 14,148Geographic DistributionAsia 6%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%Averages arerounded and maynot equal 100%.Middle East 12%

Learn more about.Kellogg faculty researchinsight.kellogg.northwestern.eduKellogg directly from MBA/TakeAction/Ask A StudentAlumni who have made an impact in the er questions?Contact the Office of Admissions at MBAadmissions@kellogg.northwestern.edu and includethe phrase “1Y Inquiry” in the subject line of your email, or call us at 847.491.3308.Kellogg School of ManagementNorthwestern UniversityDonald P. Jacobs Center2001 Sheridan RoadEvanston, IL estern.edukellogg.northwestern.eduNorthwestern 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 notlimited to, rules, policies, tuition, fees, curricula and courses. This booklet is part of a package of informational publicationsintended to provide information related to the Kellogg School of Management. Photography by Callie Lipkin and AndreasLarsson. 08-11/1.5m/KSM-CF

an accelerated academIc program. As a 1Y student, most of the core courses required of other full-time MBA program students are waived based on your previous academic experience. This means virtually unlimited options for designing an MBA curriculum that fits your career path precisely. Because the 1Y program consists almost entirely