 Media Credit: Tommy Giglio/The Daily Northwestern Kellogg Graduate School of Management will offer two certificate programs to undergraduates beginning in fall 2007.
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By Julie FrenchThe Daily Northwestern
After 38 years without offering an undergraduate program, the Kellogg Graduate School of Management will offer two undergrad certificate programs, with the first starting next fall.
Northwestern administrators are expected to announce the move this morning in a university-wide e-mail newsletter.
University President Henry Bienen told The Daily on Wednesday that the decision to offer the programs - in finance and management - is due in part to interest from students, faculty, university trustees and recruiters of NU students.
"It's going to be good for Northwestern in just about every way you can think of," Bienen said. "We thought it was a good educational opportunity that would help our students in the job market."
The two four-course sequences will accept about 50 students each after applicants take seven prerequisite courses in calculus, probability, economics and statistics.
The financial economics certificate program, offered in conjunction with Weinberg College of Arts and Sciences, will begin next fall with classes in corporate finance and investments.
The second program - in managerial analytics - will begin in fall 2008 with courses in finance, pricing and operations strategy. The classes are offered jointly through Kellogg and McCormick School of Engineering and Applied Science.
NU had an undergraduate business school until 1969, but it was discontinued to allow Kellogg to focus on building one of the best graduate schools of management in America.
Kellogg has consistently ranked among the top three graduate Masters in Business Administration programs in the country since 1988, when Business Week began evaluating them.
Bienen said the idea for an undergraduate business curriculum came on a trip to India he took with Kellogg's Dean Dipak Jain in summer 2005.
Research and planning for the programs began when they returned in the fall.
The Undergraduate Budget Priorities Committee recommended last year that the administration consider offering finance courses for undergraduates.
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