MBA Admissions: Northwestern Kellogg & Finance

Northwestern KelloggA quick glance at Northwestern’s Kellogg School of Business: Kellogg currently ranks in fourth place as one of the best business schools (tied with MIT Sloan and Chicago Booth), according to US News & World Report (March 2012). It was ranked #10 for finance.  

Northwestern Kellogg Class of 2014 Stats

Some facts about Kellogg’s students:

  • 5071 people applied to Kellogg in 2011-12; 477 students enrolled in the two-year MBA program. 100 enrolled in the one-year program.
  • The mid-80% age range of incoming students in 2012 was 25-31.
  • The mid 80% range of work experience was 3.2-7.25 years.
  • The average GMAT score in 2012 was 708.

Kellogg Academics Related to Finance

Students must complete a nine-course core in addition to the elective component. These courses cover all general management topics, including Finance I.

There are two finance majors available for those wishing to pursue careers in financial services – Finance and Analytical Finance.

To concentrate in either one of these majors, students must take two required courses – Finance I and Finance II (or Finance I/II). Finance I is part of the core, as mentioned above.

For the Finance major, students must also take three additional Finance credit units from the following:

Value Investing
Money Markets and the Fed
Investments
Portfolio Management
Fixed Income Securities
Derivative Markets I
Derivative Markets II
International Finance
Macroeconomic Policy and Global Capital Markets
Empirical Methods in Finance

For Analytic Finance major, students must also take the required course Derivative Markets 1 and four more Finance electives from the following:


FINC-442

Financial Decisions
FINC-444 Value Investing (formerly FINC-925 Advanced Topics in Finance)
FINC-447 Financial Strategy and Tax Planning
FINC-451 Money Markets and the Fed
FINC-460 Investments
FINC-464 Fixed Income Securities
FINC-467 Derivative Markets II
FINC-941 Macroeconomic Policy and Global Capital Markets
FINC-970

Empirical Methods in Finance

Financial Research Centers at Kellogg

Kellogg Clubs and Conferences for Finance Students

Finance Employment Stats at Kellogg

In 2011, 7% of Kellogg graduates accepted full-time jobs in investment banking, brokerage, and securities and 12% in other financial services, private equity, and venture capital.  

Industry (Full-time jobs) % of Hires

Salary Average

Commercial Banking

1

$117,000

 

Diversified Financial Services

3

$96,438

 

Hedge Funds

1

$113,571

 

Investment Banking/Brokerage/Securities

7

$103,359

 

Investment Management

2

$104,000

Private Equity

4

$135,011

Venture Capital

1

$134,000

For the finance function, the percentage of hires and average salaries look as follows:

Function (Full-time jobs) % of Hires Salary Average
Analyst/Research 1 $106,667
Corporate Finance 1 $94,344
Investment Banking 6 $102,571
Investment Management 3 $122,000
Mergers & Acquisitions 1 $105,000
Other Finance 4 $117,989
Sales & Trading 1 $97,500
Treasury 1 $102,222

For internships for the class of 2011, 8% of students landed investment banking/brokerage/securities internships and 10% received internships in other financial services/private equity/venture capital.

Industry (Internships)

% of Hires

Salary Average

Commercial Banking

1

$6,875

Diversified Financial Services

1

$8,898

Hedge Funds

1

$8,637

Investment Banking/Brokerage/Securities

8

$8,297

Investment Management

2

$8,287

Private Equity

4

$6,043

Venture Capital

1

$5,020

Top hirers for full-time and internship positions include:

Name of Company

Number of Full-Time Students Hired, 2011

Number of Interns Hired, 2011

Citi

12

5

Barclays Capital

5

4

Bank of America

4

7

Discover Financial Services

4

N/A

Goldman, Sachs & Co.

4

3

William Blair and Company, L.L.C.

4

N/A

Blackstone Group

2

1

J.P. Morgan

2

6

Credit Suisse

2

3

Morgan Stanley

2

5

UBS Investment Bank

2

5

 

Are you applying to Northwestern’s Kellogg School of Business? Please see our Kellogg B-School Zone, Kellogg Application Packages, and Kellogg 2013 MBA Application Questions, Deadlines, Tips for more information on how Accepted.com can help you get accepted.




Accepted.com Accepted.com ~ Helping You Write Your Best!

About