Kellogg starts pretty late compared to other schools. This past week was the first week of on campus interviews. All of the big MC and IB's did their 1st rounds. I know some people who really cleaned up and others who were shut-out. Its hard to know how that compares to years past. Some companies and offices have given out decisions already, I know of people who have offers at places like McKinsey, Goldman, JPMorgan already.
Most of the stuff outside of this have just started out the R2 invites, I know myself and apolloluna both got a R2 with a company we interviewed with during the beginning of the week. Thats the only one I have heard from so far, I have my next interview on Tuesday and also hear about my next R2 decision then. I am pretty specific on my career goals and have really done well with those. I got invited or was an alternate, since Kellogg is closed 50% and 50% open, if you make the alternate that usually equates to you would be invited at schools which do 70/30. Kellogg is actually going this path which I personally would prefer since there it is annoying to get #1 alternate instead of one of the 6 closed spots.
As for how it will work out its still too early to tell. I know some companies that said they are targeting fewer people, some the same, and a some have actually said they are hoping to get even more. Most industry say their programs still have valuable projects for people so they will be hiring the same number.
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Kellogg Class of 2010...still active and willing to help. However, I do not do profile reviews, don't offer predictions on chances and am far to busy to review essays, so save the energy of writing me a PM seeking help for these. If I don't respond to a PM that is not one of the previously mentioned trash can destined messages, please don't take it personally I get so many messages I have a hard to responding to most. The more interesting, compelling, or humorous you message the more likely I am to respond.