- J. L. 1994 from Kellogg Graduate School of Management, Evanston, Illinois
- M.B.A, 1977 from University of St. Mary of the Lake, Mundelein
- B.A in Theology, 1974 from Loyola University of Chicago
Schutt teaches courses in marketing and consumer behavior. A former priest for the Archdiocese of Chicago, he holds a BA in Theology from Loyola University Chicago, a Masters of Divinity from the University of St. Mary of the Lake Seminary in Mundelein, Illinois, and an MBA from Northwestern University’s Kellogg School of Management.