NU b-school dean maps turnaround

The dean of Northwestern's Kellogg School of Management is mapping out a turnaround strategy to counter recent slippage in its rankings.

Crain's Chicago Business reports Sally Blount, who's been on the job a year -and-a-half, wants to open new campuses in Brazil and China.

The school is also in the midst of a $350 million capital campaign, with more than $100 million raised so far.

About $200 million will pay for a new building for the school on the Evanston campus.

In recent years Kellogg has dropped from 1st to 4th in the Bloomberg Businessweek ranking of MBA programs, while the University of Chicago's Booth School of Business has moved up from 2nd to 1st place.

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