Kellogg ranks as the nation’s top business school in BusinessWeek’s inaugural rankings.

MEDS Professor Ehud Kalai founds the journal Games and Economic Behavior.

A gift from Mr. and Mrs. Edgar F. Heizer establishes the Heizer Center of Entrepreneurial Studies, consolidating the Kellogg School’s resources in entrepreneurship and creating important opportunities for students and practitioners.

The Campaign for Kellogg raises $40 million to bolster a variety of academic initiatives, including unrestricted support, faculty teaching and research support, and student financial aid.

Thanks to the financial support of H. Wendell Hobbs ’29 and Elinor Hobbs, the Hobbs Hall addition to the Allen Center opens.

Kellogg dedicates the McManus Living/Learning Center, a large residence hall in Evanston that is home to many Kellogg students.

The Master of Management and Manufacturing (MMM) is launched, a joint-degree program between Kellogg and Northwestern’s McCormick School of Engineering and Applied Science.

BusinessWeek again ranks Kellogg No. 1.

Finance Professor Stuart Greenbaum publishes the Journal of Financial Intermediation.

BusinessWeek ranks the Kellogg School’s Executive Master’s Program No. 1. Applications for the full-time program exceed 5,000.

BusinessWeek ranks Kellogg No. 1 for the third time. Professor Daniel Spulber launches the Journal of Economics and Management Strategy, and a renovation of Wieboldt Hall is completed.

The second major expansion of the James L. Allen Center is completed.

The first phase of Leverone Hall expansion begins.

The expansion of Leverone Hall is completed; Andersen Hall, which connects with Leverone, opens.

Kellogg begins launching a series of international joint-degree executive MBA programs with partner schools in Asia, Europe, the Middle East, and Canada.