A 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:
| 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
- Accounting Research Center
- Financial Institutions and Markets Research Center
- Heizer Center for Private Equity and Venture Capita
Kellogg Clubs and Conferences for Finance Students
- Corporate Finance Club
- Investment Banking Capital Markets Club
- Investment Management Club
- Private Equity & Venture Capital Club
- Private Equity and Venture Capital Conference
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.
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