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Kellogg announces new STEM-Designated Major in Management Science

Posted by Asif M | Nov 27, 2019 | About MBA, Business Schools, MBA Admissions

A 3 min read

Northwestern’s Kellogg School of Management has added a new STEM-Designated Management Science major to its MBA program. According to Kellogg, MBA candidates who chose this major would be well-prepared for careers in Finance, Consulting, and Entrepreneurship.

Kellogg one of the Highest Ranked Programs to Add STEM-Designated Major

Kellogg is one of the highest-ranked schools besides Wharton, CMU Tepper, UC Berkeley Haas, and Darden School of Business to add a STEM-Designation to their MBA Program/Major.

According to Matthew Merrick, Associate Dean of Degree Operations, following are just a few of the questions that the new Management Science Major aims to answer:

How to use big data efficiently to understand capital markets?
How to identify opportunities to apply analytical techniques and models to solve problems of business organizations?

The major is led by distinguished Kellogg faculty such as:

Dashun Wang (Associate Professor of Management and Organizations)
Nancy Qian (Professor of Managerial Economics and Decision Sciences
Rima Touré-Tillery (Associate Professor of Marketing)

Kellogg does not require students to declare a major during the MBA program, however, those who take at least 4 qualifying courses will receive notice of the major on their transcript.

What are the subject areas and courses available in the Management Science Major?

Following are some of the different subject areas and the courses that can be taken by students pursuing the management Science Major:

Accounting:

Managerial Accounting
Financial Reporting and Analysis

Finance

Financial Decisions
Capital Markets
Derivatives Market

Strategy and Analytics

People Analytics and Strategy
Strategy and Organization
Analytics for Strategy

A full list of coursework and subject areas can be viewed here.

What kind of careers can students look forward to with the Mangement Science Major?

According to Kellogg, students who choose the Management Science major will be well-prepared for post-MBA jobs in a wide variety of fields including Consulting, Finance, and Entrepreneurship.

The career management center at Kellogg works directly with recruiters to identify particular job opportunities where students with the major would be a good fit.

Benefits of the Management Science Major for International Students

Since the Management Science major qualifies as a STEM-Designated field of study, international students that graduate with the major are eligible for the additional 24-month STEM-OPT extension to their F-1 visas. Thus international students can extend their stay and work in the U.S for a total of 36-months after they graduate from the MBA program.

Kellogg MBA Class Profile: Class of 2021

Following are some statistics of the class of 2021 at the Kellogg MBA program:

2021 Kellogg MBA Class Profile	Number
Average GMAT	730
GMAT Range	620-780
Class Size	474
Average Age	27 Years
Average Work Experience	5 Years
Work Experience Range	3.5-7 Years
Average GPA	3.6
% of International Students	32%
% of Women	43%

Industry Backgrounds: Class of 2021 – Kellogg MBA Program

Industry Background	Percentage
Consulting	27%
Financial Services	19%
Tech/Communication	14%
Govt./Education/Non-Profit	8%
Health/Bio	5%
Consumer Products	4%
Energy	4%
Manufacturing	3%
Military	3%
Others	13%