Overcoming adversity with the right leadership has been a deeply rooted mantra of Kellogg School of Business since its inception in 1919. In addition to the pioneering works in the field of advertising, marketing, decision sciences, and establishing GMAT, Kellogg School of Management has been receptive to the changing market while approaching the world market as a whole.
With the General Management focus, Kellogg, along with Stanford, Darden, Harvard and INSEAD MBA programs, has become a popular destination for career switchers with CEO goals.
Table of Contents
- Kellogg MBA - Fee
- Kellogg MBA – Financial Aid
- Kellogg MBA Admissions Requirements
- Kellogg MBA Application Essay Questions
- Kellogg MBA Video Essay
- Kellogg MBA Recommendation Letter Questions
- Kellogg MBA Application Fee
- Kellogg MBA Class Profile
- Kellogg MBA - GMAT and GPA (2022 Graduating Class)
- Kellogg MBA Curriculum
- Kellogg MBA Salary
- Kellogg MBA Summer Internship
- Job trend – Rise of Consulting, Corporate Strategy and Strategic Planning
- End of Kellogg as a Destination for Marketing Professionals
- Technology Rising at Kellogg
- Kellogg MBA Median Salary 2020 vs 2019
- 1.8% Dip in Private Equity Offers in 2020
Kellogg MBA Fee
The 2-year MBA fee for a single student is $223,316 that includes tuition and living cost in Kellogg’s main campus in Chicago Metropolitan Area, Illinois.
Kellogg MBA – Financial Aid
An estimated 62% of students have some financial aid in the form of scholarships or loans at Kellogg. Applying to the program automatically considers one’s candidacy for the merit-based scholarship.
Kellogg MBA Admissions Requirements
Agile, Creative, and Empathetic leadership are values imbibed by Kellogg through its 2-year full-time MBA program that starts in September, with students graduating in June.
The three rounds to the admission are in September, January, and April with the mandatory submission of the following documents - Application response, essays, transcripts, GRE/GMAT scores, Letter of Recommendation, Resume, Interview report, Video essays, TOEFL/IELTS score for International Students.
Kellogg MBA Application Essay Questions
Kellogg highly regards individuals with inspiring and brave values. The application questions are framed to allow applicants to express the challenges faced in leadership in the past, also allowing them to mention the learning from it and values that guided their actions in work and life.
Both the questions are to be answered in 450 words.
Kellogg MBA Video Essay
Video essays let one speak about oneself, the path one wishes to pursue, and how Kellogg’s program will help attain this; lastly, explaining the challenges faced and learning from them.
Kellogg MBA Recommendation Letter Questions
The recommender also must carefully write a 300-word answer to 3 sets of questions explaining the candidates encouraging and inclusive value system, candidate’s performance, and the response of the candidate on constructive criticism.
Kellogg MBA Application Fee
A non-refundable application fee of $250 is levied on all 2-year full-time MBA applications.
Kellogg MBA Class Profile
The 2022 class is a diverse blend of gender, race, ethnicity, professional and educational degrees with an intent to bring varied thoughts, ideas, and leadership to the classroom learning experience.
Class Size: 559 class size of 2022 is comparatively higher than 474 of 2021, but along with it, a lower women representation of 40% is a setback compared to 43% in 2019.
The international community stands at 26% in contrast to 32% in the previous year.
Women and International Representation: The change in women and international student representation is likely to reverse with the pandemic dying down.
The classroom community boasts of Olympic rowing gold medallist, counterinsurgency specialist posted in Afghanistan, Designer who launched a new Pride-themed Bud Light Seltzer, and the #1 tennis player of Mexico amongst its diverse group of young achievers.
Kellogg MBA - GMAT and GPA (2022 Graduating Class)
The mean GPA of the class of 2022 is 3.6, and the mean GMAT is 727. The median GRE score for both verbal and quants each is 163. Incoming students had a minimum of 5 years of industry experience, and maximum entrants had a background in consulting (26%), financial services (22%), and technology (15%) while the rest (health, military, manufacturing, energy, media, consumer products, govt/non-profit) stood below 10%. The highest intake of students had undergraduate in Economics/Business (52%) followed by STEM (29%) and Humanities (28%).
Kellogg MBA Curriculum
The core curriculum for the 2-year MBA program consists of nine courses in Accounting; Management and Organizations; Marketing; Finance; Managerial economics; Decision sciences; Operations; and Management and Strategy, Leadership, and Crisis Management.
If a student wishes to major in an area relevant to their academic and professional expertise, eight majors in Accounting, Economics, Finance, Marketing, Operations, Strategy, Managing Organizations, and Management Science are available.
A minimum of 4 electives is required out of 100s for graduation.
The program offers over 1000 experiential learning opportunities, including 37 exchange programs across 20 countries.
Those who do not wish to major are allowed a full rounded development under the General Management degree.
Cross-functional expertise in Asset Management, Data Analytics, Diversity, Equity and Inclusion, Energy & Sustainability, Entrepreneurship, Growth and Scaling, Healthcare at Kellogg, Real Estate, Social Impact, Technology Management, Venture Capital, and Private Equity are also encouraged.
Kellogg MBA Salary
Kellogg MBA Summer Internship
A summer internship of 8-12 weeks between the first year and second year helps students enter the real world to gain the skills and knowledge required for the dream job and perfect it in the classroom during the second year of study.
Job trend – Rise of Consulting, Corporate Strategy and Strategic Planning
The year 2020 saw a 10% increase in consulting function with a 54% increase over the previous year in students choosing a corporate strategy and strategic planning.
After a rise in 2019, the finance function took a hit in 2020, with fewer graduates choosing corporate development and investment management. The inflow was higher for private equity, corporate finance, and investment banking functions.
End of Kellogg as a Destination for Marketing Professionals
Kellogg’s expertise in Marketing and General Management lost its sheen with the pandemic affecting almost all industries.
General management fell by 15% and marketing by 25% in 2020. The brand management function being the worst affected in number and in salary.
Technology Rising at Kellogg
While operation and logistics have been steady, the technology function has seen a growth of 184% in the past 5 years, with product management being the highest grosser amongst all the technology functions.
Kellogg MBA Median Salary 2020 vs 2019
Function | 2020 | 2019 |
Business Development | 1.5% $125,000 | 2.3% $130,000 |
Consulting | 37.4 $165,000 | 34 $152,500 |
Corporate Strategy/Strategic Planning | 7.4 $140,000 | 4.8 $130,000 |
Finance/Accounting | 15.2 $150,000 | 18.5 $150,000 |
Corporate Development | 0.4 NA | 1.1 $122,500 |
Corporate Finance | 3.2 $126,250 | 0.9 $122,500 |
Investment Banking | 5.5 $150,000 | 5.5 $150,000 |
Investment Management | 1.1 $150,000 | 2.6 $152,500 |
Other Finance/Accounting | 1.1 $120,000 | 0.8 $148,750 |
Private Equity | 2.7 $170,000 | 1.3 $121,708 |
Real Estate | 0.6 NA | 0.8 $120,000 |
Venture Capital | 0.4 NA | 0.8 $120,000 |
General Management | 9.9 $130,000 | 11.7 $130,000 |
Marketing/Sales | 10.4 $120,000 | 13.8 $120,000 |
Brand Management | 3.8 $110,000 | 8.2 $118,000 |
General Marketing | 2.5 $126,000 | 2.8 $120,000 |
Operation/Logistics | 2.3 $140,000 | 2.5 $137,500 |
Other | 2.7 $134,345 | 2.1 $120,000 |
Administration | 0.4 | 0.4 |
Corporate Social Responsibility | 0.2 | 0.2 |
Data Analytics/Data Science | 0.6 | 0.4 |
Healthcare/Medical Professionals | 0.4 | 0.4 |
Technology | 12.5 $140,000 | 10.3 $135,000 |
Business Analysis and Design | 0.8 $132,500 | 0.9 $130,000 |
General Information and Technology | 1.5 $137,000 | 3.1 $140,000 |
Product Management | 9.5 $144,000 | 5.9 $135,000 |
Kellogg – A favorite for Consulting and Technology’s Dominance in 2020
In the year 2020, consulting industry recruited a major chunk 36.3 % of Kellogg’s graduates against 31% in 2019. Next in line was the technology (27.6%) industry, especially the internet and e-commerce (12%), which saw a 79% growth than the previous year, followed by financial services (14.9%).
1.8% Dip in Private Equity Offers in 2020
The private equity saw a dip at 5.6% from the high it received last year (7.4%) but took home a median salary of $150,000, the second-best to consulting at $165,000. Investment banking, too, reported a consistent growth at 6% and $150,000. The interest in consumer-packaged goods has been slowly declining in the past 5 years along with the real estate, with the salary hitting lowest at $110,000.
Kellogg MBA (Median Salary) (By Industry) (2020 vs. 2019)
Industry | 2020 | 2019 |
Consulting | 36.3 1,65,000 | 31 $160,000 |
Consumer Packaged Goods | 6.6 1,10,000 | 8 $115,000 |
Food and Beverage | 5 $110,000 | 3.7 $117,500 |
Household/Personal | 3.7 $117,500 | 2.3 $110,000 |
Energy | 1.2 $117,500 | 0.8 $125,000 |
Financial Services | 14.9 $150,000 | 18.5 $150,000 |
Diversified Financial Services | 1.5 $140,000 | 1 $121,500 |
Investment Banking/Brokerage | 6 $150,000 | 5.7 $150,000 |
Investment Management | 0.8 $120,000 | 1.7 $130,000 |
Private Equity | 5.6 $150,000 | 7.4 $150,000 |
Healthcare | 5.2 $130,000 | 6.5 $125,000 |
Pharmaceutical Manufacturers | 0.8 $124,500 | 0.8 $127,500 |
Providers and Services | 2.7 $130,000 | 2.9 $130,000 |
Manufacturing | 3.3 $123,500 | 2.3 $120,000 |
Nonprofit | 1.2 $120,000 | 1.5 $87,500 |
Real Estate | 0.4 | 1.9 |
Retail | 1.5 $125,000 | 2.7 $112,500 |
Technology | 27.6 $135,000 | 25.1 $133,500 |
Equipment/Hardware/Networking | 2.3 $140,000 | 2.9 $140,000 |
FinTech | 1 $140,000 | 1.5 $135,000 |
General Technology | 4.4 $134,500 | 6.1 $132,500 |
HealthTech | 0.8 $126,250 | 0.8 $126,250 |
Internet Services/E-Commerce | 12 $135,000 | 6.7 $130,000 |
Software | 5.8 $140,000 | 6.3 $137,500 |
Telecommunications Services | 0.8 $161,000 | 0.2 |
Transportation and Logistics Services | 0.2 | 0.9 |
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