Overview
If you’re considering the Kellogg Master in Management (MiM), understanding the total cost of attendance is one of the most important steps before submitting your application. Beyond tuition fees, students should also budget for housing, health insurance, books, travel, and other personal expenses. Having a clear picture of these costs helps you plan your finances and evaluate the return on investment offered by one of the world’s leading business schools.
The Kellogg School of Management at Northwestern University offers a full-time Master in Management program designed for recent graduates who want to build strong business fundamentals and accelerate their careers. Along with its world-class faculty, collaborative learning environment, and strong employer reputation, the program provides access to scholarships and financial aid opportunities that can help reduce the overall financial burden.
In this guide, we’ll break down the latest Kellogg MiM fees, estimated living expenses, scholarships, and everything you need to know before planning your budget.
Kellogg MiM Tuition Fees 2026
For the current academic year, the tuition fee for the Kellogg Master in Management program is:
| Expense | Estimated Cost (USD) |
|---|---|
| Tuition | $71,724 |
| Student Activity & Experience Fee | $150 |
| Student Life Fee | $300 |
| Course Materials | $360 |
| Books & Supplies | $1,692 |
| Estimated Total Tuition & Academic Fees | $74,226 |
The tuition covers instruction from Kellogg’s renowned faculty, access to campus resources, career services, academic advising, and participation in the school’s collaborative learning environment. Additional academic fees support student services and classroom resources throughout the program.
Estimated Living Expenses
Students should also budget for everyday living costs while studying in the United States. Northwestern provides an estimated cost of attendance to help students prepare financially.
| Living Expense | Estimated Cost (USD) |
|---|---|
| Food & Housing | $22,941 |
| Health Insurance | $5,996 |
| University Health Services Fee | $894 |
| Travel | $1,551 |
| Personal Expenses | $2,835 |
| Loan Fees | $216 |
When combined with tuition and academic fees, the estimated total cost of attendance for the Kellogg MiM program is approximately $108,659. Individual expenses may vary depending on lifestyle, accommodation choices, and personal spending habits.
What Does the Tuition Include?
While tuition is a significant investment, students receive access to far more than classroom instruction. The Kellogg MiM experience includes a comprehensive academic and professional development ecosystem designed to prepare graduates for successful careers.
- World-class business education
- Experienced Kellogg faculty
- Career coaching and professional development
- Networking opportunities with alumni and employers
- Leadership development
- Collaborative learning experiences
- Student organizations and campus activities
- Access to Northwestern University resources
One of the biggest advantages of studying at Kellogg is the school’s strong employer network and dedicated career support, which helps students prepare for internships and full-time opportunities after graduation.
Scholarships and Financial Aid
Kellogg offers several funding opportunities to help students finance their education. Merit-based scholarships are awarded to eligible candidates during the admissions process, meaning applicants are automatically considered for many scholarship opportunities without submitting a separate application.
In addition to scholarships, students may also explore educational loans and other financial aid options available through Northwestern University or external funding organizations. Prospective students are encouraged to review the financial aid information carefully while preparing their application.
Is the Kellogg MiM Worth the Investment?
The Kellogg Master in Management is designed for ambitious recent graduates who want to gain a strong business foundation before launching their careers. While the overall cost of attendance is substantial, students benefit from a globally recognized degree, exceptional faculty, personalized career support, and access to one of the strongest alumni networks in business education.
Graduates develop practical management skills through an intensive curriculum focused on leadership, communication, teamwork, problem-solving, and analytical decision-making. Combined with Kellogg’s strong employer reputation, these experiences can significantly enhance long-term career opportunities across consulting, finance, technology, marketing, healthcare, consumer goods, and other industries.
How to Plan Your Budget
Before joining the program, it is important to prepare a realistic financial plan that covers both academic and personal expenses. Besides tuition, students should account for housing, food, transportation, health insurance, books, and everyday living costs throughout the duration of the program.
Creating a detailed budget before arrival can help minimize financial stress and allow students to focus on academics, networking, and career development. Students should also explore scholarship opportunities, educational loans, and external funding options well in advance of the application deadline.
Quick Summary of Kellogg MiM Fees
| Category | Amount |
|---|---|
| Tuition | $71,724 |
| Academic Fees | $2,502 |
| Estimated Living Expenses | $34,433 |
| Total Estimated Cost of Attendance | $108,659 |
| Scholarships Available | Yes (Merit-Based) |
| Financial Aid | Available for Eligible Students |
Frequently Asked Questions (FAQs)
What is the tuition fee for the Kellogg MiM?
The tuition fee for the Kellogg Master in Management program is $71,724. Additional academic fees increase the total tuition-related expenses to approximately $74,226.
What is the total cost of studying at Kellogg MiM?
Including tuition, academic fees, housing, food, health insurance, books, travel, and personal expenses, the estimated total cost of attendance is approximately $108,659.
Does Kellogg offer scholarships for MiM students?
Yes. Kellogg offers merit-based scholarships, and eligible applicants are automatically considered during the admissions process. Students may also explore additional financial aid and educational loan options.
Are living expenses included in the tuition fee?
No. Tuition only covers academic costs. Students should budget separately for housing, meals, health insurance, transportation, books, and other personal expenses while studying.
Is the Kellogg MiM worth the cost?
For students seeking a globally recognized business education, extensive career support, and access to Northwestern University’s resources and alumni network, the Kellogg MiM represents a strong long-term investment in their professional growth.
Final Thoughts
The Kellogg Master in Management is more than just a graduate business degree – it is an investment in your future. While the total cost of attendance is significant, students gain access to a rigorous academic curriculum, experienced faculty, comprehensive career services, and a powerful global alumni network that can open doors across industries and countries.
If you’re planning to apply, understanding the complete financial commitment early will help you make informed decisions about scholarships, budgeting, and funding options. By combining academic excellence with outstanding professional development opportunities, the Kellogg MiM continues to be one of the most respected Master in Management programs for recent graduates looking to accelerate their careers.
