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Chicago Booth, Kellogg School of Management Partner on Executive Education Program

The University of Chicago Booth School of Business and Northwestern University’s Kellogg School of Management will now collaborate on an executive leadership program offered by the nonprofit Corporate Leadership Center in Chicago, according to a recent report in Crain’s Chicago Business. Chicago Booth is joining the CEO Perspectives program, a 12-day executive leadership program taught by Kellogg faculty since 2005.

“This grounds the program even more so in Chicago and further enhances and expands the reach of the program,” Sheila Penrose, Corporate Leadership Center co-founder, told Crain’s. Chicago Booth is in the process of hiring a co-director for the program, who will work with Kellogg professor Daniel Diermeier, program director since Kellogg joined it in 2005. Together, the co-directors will revise the program to incorporate curriculum from both schools, Crain’s reports.

“Partnerships make sense when they are between complementary people and we bring complementary strengths,” Chicago Booth Dean Sunil Kumar told Crain’s. Kellogg Dean Sally Blount called the partnership an opportunity for the two schools to “try something very unexpected” while capitalizing on the strengths of each school.

The 2014 corporate leadership program will continue at Kellogg’s campus in Evanston, while the Corporate Leadership Center searches for a downtown Chicago location for 2015 and beyond, according to Crain’s.

The program takes place over six two-day sessions between February and October. To participate, participants must have broad responsibilities within their organization and be nominated by their chief executive officer or chairman. Tuition for the program is $50,000.

Kellogg and the Corporate Leadership Center sponsor a scholarship for a civic or nonprofit leader each year, as does the Robert R. McCormick Foundation. Chicago Booth is determining how it will participate in the scholarship program, Dean Kumar told Crain’s.

Read more about Kellogg and Chicago Booth’s collaboration on the CEO Perspectives program.