For experienced applicants, Kellogg 1-year MBA program is an equally viable alternative to the 2-year program as is evident from the latest post-MBA salary trends where Consulting and Financial Services were similar to the offers in the 2-year program. However, the base salary for technology fell short of the 2-year counterpart by close to $30,000.
Kellogg 1-year MBA Salary by Industry (2022)
The consulting industry had a significant growth in the hiring rate, which rose from 26% to 33%, equal to the peer school, Columbia.
Financial Services (28%) and Technology (25%), together with consulting, make the top trio. However, there was a 9% rise in the Financial services hiring rate and a 5% decrease in the Technology Industry. Other drastic changes can be seen in the hiring rates of Real Estate, which rose by 5%.
Healthcare and Consumer Package Goods are among those industries which observed a massive loss in hiring rate with 10% and 7% loss respectively.
Consulting and Financial Services had the highest median base salary. However, since Financial Services offered the highest sign-on bonus, the total salary secured by Financial Services is the highest, at $225,000.
| Kellogg 1-Year MBA SAlary by Industry | % Hired (2021) | % Hired (2022) | Median Base Salary (2022) | Median Sign-On Bonus (2022) | Total Salary (2022) |
|---|---|---|---|---|---|
| Consulting | 26% | 33% | $175,000 | $30,000 | $215,000 |
| Financial Services | 19% | 28% | $175,000 | $50,000 | $225,000 |
| Technology | 30% | 25% | $144,000 | $56,550 | $200,550 |
| Real Estate | 1% | 6% | $150,000 | $30,000* | $180,000 |
| Healthcare | 12% | 2% | NA | NA | NA |
| Consumer Packaged Goods | 8% | 1% | NA | NA | NA |
Kellogg 1-year MBA Salary by Function (2022)
Consulting (34%), Finance/Accounting (35%), and Corporate Strategy/Strategic Planning (9%) serve as the top three functions of the Kellogg 1-Year Full-Time MBA program. Consulting and Finance/Accounting functions observed a growth of 11% and an 8% growth in hiring rates. However, General Management and Marketing Sales Function shows an 8% and 6% loss in hiring rates, respectively.
Consulting and Financing/Accounting Functions received the highest median base salary. But Financing/Accounting and Technology functions secured the highest total compensation. Despite having a low median base salary of $145,000, the Technology function had the highest median sign-on bonus of $80,000.
| Kellogg 1-Year MBA Salary by Function | % Hired (2021) | % Hired (2022) | Median Base Salary (2022) | Median Sign-On Bonus (2022) | Total Salary (2022) |
|---|---|---|---|---|---|
| Consulting | 23% | 34% | $175,000 | $30,000 | $205,000 |
| Finance/Accounting | 27% | 35% | $175,000 | $50,000 | $225,000 |
| Corporate Strategy/Strategic Planning | 8% | 9% | $145,000 | $30,000 | $175,000 |
| General Management | 16% | 8% | $140,000 | $40,000 | $180,000 |
| Technology | 9% | 8% | $145,000 | $80,000 | $225,000 |
| Marketing/Sales | 9% | 3% | NA | NA | NA |
Related: F1GMAT's Kellogg MBA Essay Guide (Samples Included)
Kellogg 1-year MBA Salary by Locations (2022)
89% of the Kellogg MBA grads were placed in the United States, with a maximum of 35% in the West region. 23% were placed in Midwest, whereas 14% secured a job in the Northeast.
Out of 11% International placements, 5% - the majority were concentrated in Asia, with other regions such as Europe, the Middle East, North Africa, and South America securing equal placements of 1% each. The median base salary for students placed in international regions is $126,500, whereas, for their counterparts in the US, it was $170,000. The Midwest and Northeast secured the highest median base salary of $175,000.
Kellogg 1-year MBA - Top Employers
Bain and Company, The Boston Consulting Group, and McKinsey & Company are the top consulting firms hiring the 1-Year Full-time MBA graduates of the Kellogg MBA Program. Amazon from Technology and VISA Inc. from Finance completed the top recruiters hiring at Kellogg’s 1-year program.
| Top Employers (3 or More Hires) | Number of students Hired |
|---|---|
| Bain & Company | 7 |
| The Boston Consulting Group | 11 |
| McKinsey & Company | 6 |
| Amazon | 14 |
| VISA Inc. | 3 |
Kellogg 1-year MBA Career Service Team - Effectiveness (2022)
The majority (60.9%) of the students, acquired employment through school-facilitated activities. Out of all the school-facilitated facilities, Kellogg Job Board, with 43%, was the most effective way for securing employment.
9% of the total job opportunities were grabbed through on-campus interviews. The full share of student-facilitated jobs was 39%, out of which Off-Campus interviews (12%) and previous employers (11%) were the most valuable sources.
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