Prerequisites

Overview

Prior to coming to MMM, there are many things that a student should be prepared for:

Prerequisites

In order to permit maximum flexibility for advanced coursework, some study in the MMM program is accelerated to take advantage of strong quantitative backgrounds of the MMM students. In addition they need to have good background in basic probability and statistics prior to starting the program.  Specifically, students need to be familiar with the following topics:

• Probability: Joint, marginal and conditional probabilities of events, Bayes’ rule
• Random variables: Discrete and continuous probability distributions
• Mean, variance, covariance and correlation coefficient 
• Binomial and normal probability distributions
• Statistical estimation, confidence intervals, and hypothesis testing

Once admitted to the program, we assess the adequacy of your background in this area.  The admitted Class of 2014 is required to complete the MMM Probability and Statistics Background form and examination and submit the answers to the MMM office by August 15, 2012.   The MMM office strongly encourages students to study and review the material carefully before taking the examination.  We suggest studying the material mentioned, taking a course at a community college, or completing an online course such as

• Kellogg Online Statistics Essentials (for enrolled students)
• UC Berkeley Extension - Introduction to Statistics
• Teach Yourself Statistics - Tutorial

Based on the examination results, students found to be deficient in this area will be required to take remedial classes in probability and statistics before arrival on campus.

The examination may be e-mailed as a pdf file to mmm@northwestern.edu or sent directly to our office at the following address:

The MMM Program
Attention: Alexis Saba
2133 Sheridan Road, 1.321
Evanston, IL  60208

First Year

Overview

Students take all their core requirements within their first year of the MMM program with the exception of the MMM Integration Project and the global requirement.

Requirements

During Year One: MMM students are required to take the following dual degree curriculum, as listed below (unless prior course waiver received):

• (PreTerm) Leadership in Organizations
• Accounting for Decision Making
• Managerial Accounting
• Business Strategy
• Designing and Managing Business Processes*
• Marketing
• Finance I and II OR Finance I/II
• Microeconomic Analysis
• Design Thinking*
• Measurement and Valuation of Business Processes*

*These core courses are Monday/Thursday 3:30 – 5:00 pm in the ITW Classroom in the Ford Motor Building.

Optional

Students are permitted to take courses that fulfill their major requirement during their first year, provided the courses have registrations available. Some students prefer to take their global requirement within their first year but it can also be completed within your second year.

Summer Internship

Overview

MMM students participate in a summer internship in business following their first year in the program.

The Career Management Center is here to support you throughout your job search. They provide a variety of tools and resources to help you find — and land — the best-fitting job available. They will equip you with skills that will not only help you search for internships and full-time jobs, but also help you as you progress through your career.

Please login to Career Management System to find more details on Interview Preparation, Networking, Perfecting Your Pitch, and related workshops.

Second Year

Overview

Students should register for their remaining requirements in order to graduate in the spring of their second year.

Requirements

By now, students have completed (or earned waivers) for Kellogg’s 6.5 required core curriculum as well as the three (3) MMM core courses.

During Year Two: Students complete the following MMM requirements, including requirements for the MEM major and at least one MBA major:

•  (PreTerm) Values and Crisis Decision Making
• MMM Integration Project requirement
• Global elective requirement (unless taken within your first year)

Please see MMM Major tab for the requirements to fulfill the MEM major under the dual degree program.

MMM students are required to complete a minimum of 24.5 credits by the end of this year (including any credits earned from cross-listed or exchange program courses) in order to graduate.

Sample Schedule

Courses may vary depending upon the student and when the course is offered. Please visit the Kellogg Course Catalog for up-to-date information schedule changes.

First Year (Typical Schedule)

Fall	Winter	Spring
OPNS 440: Designing and Managing Business Processes	DSGN 490: Design Thinking*	IEMS 490: Measurement and Valuation of Business Processes*
ACCT 430: Accounting for Decision Making	MECN 430: Microeconomic Analysis	ACCT 431: Managerial Accounting
MGMT 431: Business Strategy	FINC 440: Turbo Finance	Elective
MKTG 430: Marketing	Elective: Kellogg Global Requirement**	Elective
Pre-term: MORS 430 Leadership in Organizations	Optional Elective	Optional Elective

* You are automatically enrolled in each of these courses by the MMM Program Office. These courses are held in the Ford Building, ITW Classroom - Mon/Thurs 3:30 to 5:00 pm each quarter.

** Can be fulfilled at any time within your two years.

Second Year (Typical Schedule) 

Fall	Winter	Spring
MEM Major Requirement	DSGN 495: Integration Project*	MEM Major Requirement
Elective	MEM Major Requirement	Elective
Elective	MEM Major Requirement	Elective
Elective	Elective	Elective
Pre-term: SEEK 440-A Values and Crisis Decision Making	Optional Elective	Optional Elective: The New General Manager

* The MMM Integration Project is required in the winter quarter of your second year unless you receive confirmation by the co-Directors stating otherwise. Please note: this is only for special circumstances (i.e. Study Abroad, Leave of Absence, etc).

Graduation Requirements

MMM students graduate with the Kellogg classmates with whom they began each program.

Course Requirements
To graduate, a MMM student must complete:

• The 6.5 Kellogg core classes, unless pre-waiver received*
• The requirements for at least one Kellogg major
• Managerial Accounting (required during your first year)
• Finance I/II or Finance II (required during your first year)**
• The 3 MMM core courses
• The MMM Integration Project (offered during the Winter quarter of your second year)
• The requirements for the MEM major
• The Kellogg School of Management’s global elective requirement

Additional Notes:

• P/NC may not be used for core or major requirements in either degree.
• Courses used to fulfill the major under the MEM may also be used to fulfill a major under the MBA.
• Students must meet the requirements for both degrees in order to graduate.

*ACCT 430, MGMT 431, MKTG 430, MECN 430, MORS 430, FINC 430, SEEK 440-A

Every moment you spend in the classroom should challenge and engage you. Because we want you to get the most out of your education, we encourage you to waive core courses comparable to classes you’ve taken before. In fact, approximately 50 percent of students waive at least one course. If granted a waiver, a student replaces the waived course with a more advanced elective in the same area. 

**Students may opt for Turbo Finance (as opposed to taking Finance I and Finance II broken out) to allow for more room in the first year but this is only recommended of students with a background in finance. Both Finance I and Finance II are required under the dual degree curriculum.