Description
The Kellogg School of Management at Northwestern University (also known as Kellogg) is the business school of Northwestern University, located in the Chicago Metropolitan Area, Illinois. Founded in 1908, Kellogg is one of the oldest business schools in the world and has made significant contributions to fields such as marketing, management sciences, and decision sciences. Kellogg's 2-year MBA Program is ranked No. 3 in the U.S. by U.S. News & World Report and Forbes and No. 4 globally by The Economist.
Notable Kellogg alumni include Peter G. Peterson, founder of private equity firm The Blackstone Group; Arthur E. Andersen, founder of Accenture; James L. Allen and Edwin G. Booz, founders of Booz Allen Hamilton; Patrick Ryan, founder of Aon Corporation; David Kabiller, founder of hedge fund AQR Capital; and current and former CEOs of Fortune 500 companies such as Allstate, Diageo, DuPont, ExxonMobil, Illinois Tool Works, Kohler, Kraft Foods, Mattel, Motorola, SAP, ServiceNow, Target Corporation, and Union Pacific Corporation.
History
Early history (1908–1950)
The school was founded in 1908 as Northwestern University's School of Commerce. It offered a part-time evening program. It was a founding member of the Association to Advance Collegiate Schools of Business, that sets accreditation standards for business schools. The school played a major role in helping to establish the Graduate Management Admission Test. Also, researchers associated with the school have made contributions to fields such as marketing and decision sciences. For instance, Walter Dill Scott, a pioneer in applied psychology, helped establish some of the earliest advertising and marketing courses in the first decade of the twentieth century. He went on to serve as president of Northwestern University from 1920 to 1939. More recently, Philip Kotler and Sidney J. Levy's groundbreaking 1969 Journal of Marketing article, "Broadening the Conception of Marketing," laid the foundations for a greatly expanded understanding of marketing. Similarly, Kotler's Marketing Management text has played a key role in deepening the field's scholarship.
In 1919, Ralph E. Heilman, a Northwestern graduate with a doctorate from Harvard, was appointed the dean of the school. And in the next year, the school launched a graduate program leading toward the Master of Business Administration degree, drawing nearly 400 students in its first two years.
In 1939, Homer Vanderblue became the fifth dean of the school. During immense resource shortages caused by World War II, Dean Vanderblue kept the school functioning and led it through its transition from technical specialization toward a broader managerial education.
Recent history (2009–today)
In June 2009, Kellogg announced that Dipak C. Jain would step down after eight years as dean and return to teaching. On September 1, 2009, Sunil Chopra, former Senior Associate Dean for Curriculum and Teaching and the IBM Distinguished Professor of Operations Management, assumed the role of interim dean while a search committee worked to find a permanent replacement. Later in 2009, Northwestern University announced plans to construct a new building at the northeast corner of its Evanston campus to serve as Kellogg's new home. The new facility, called the Global Hub, opened in March 2017 adjacent to Lake Michigan and includes classrooms, faculty offices, collaborative learning spaces, and administrative offices.
In March 2010, Kellogg announced that Sally Blount would replace Sunil Chopra as dean, starting in July. Blount was the dean of the undergraduate college, and vice dean of the Stern School of Business at New York University. Dean Blount launched ambitious marketing and capital campaigns. These started in 2011 with the Think Bravely campaign, and subsequently announced a new Inspiring Growth campaign in 2014. This campaign is focused on the dual meaning of creating economic value while increasing self-knowledge and insight.
On February 6, 2012, Blount unveiled a seven-year plan, Envision Kellogg, aimed at restructuring the business school and launching Kellogg to the top of global rankings. As of 2018, $365 million dollars of the campaign target of 350 million dollars have been raised. On July 12, 2018, Kathleen Hagerty was named interim dean while Kellogg searched for a new dean. In February 2019, Kellogg announced that Francesca Cornelli would succeed Hagerty as dean.
