Cornell University

PROGRAM BASICS

Full Time MBA

Johnson School of Management

111 Sage Hall
Ithaca , New York 14853

Program Web site:

http://www.johnson.cornell.edu

Status:

Private Institution

Program e-mail address:

mba@cornell.edu

Graduate business school is accredited by:

AACSB International

Years in which the following programs were founded:

Full-time MBA: 1946
Executive MBA: 1999
Executive Education (non-degree): 1953
PhD program: 1956

PROGRAM COSTS

Total direct costs (tuition and required fees) of the entire MBA program:

Resident : $  93,000
Nonresident : $  93,000
Recommended annual budget (Resident): $  16,710
Recommended annual budget (Nonresident): $  16,710

PROGRAM LENGTH

Full-time program (months):

21

ENROLLMENT

Graduate business school enrollment

Total graduate business school: 913
Full-time MBA: 593
Executive MBA: 319

PhD program: 39

Other graduate degree programs:

N/A

ADMISSIONS

Application Deadlines

Oct. 6, 2008 Nov. 17, 2008 Jan. 12, 2009 March 23, 2009

Does the program have rolling admissions?

No

Is proficiency in English required for admission?

Yes

Is a minimum score on an English language proficiency test required?

Yes

Which English language proficiency tests are accepted?

IELTS

TOEFL Computer Based

TOEFL Internet Based Test

TOEFL Paper-based Test

Other: N/A

Minimum paper-based TOEFL score required for MBAs:

600

Relative importance: Application Elements

GMAT Score:

Very Important

Resume/Work Experience:

Very Important

Application Essays:

Important

Interviews:

Very Important

Recommendations:

Important

Undergraduate Transcripts:

Important

APPLICANTS

Applications (admitted and denied) to the newest class:

2664

Applicants who were accepted to the most recent class:

19 %

Admitted applicants who enrolled in the newest class:

55 %

Applicants who were re-applicants from prior years:

na %

Percentage of this year's reapplicants accepted:

na %

Applicants wait-listed during the last admissions cycle:

na

Wait-listed applicants admitted for the semester to which they applied:

na

Applicant interviews are:

Required

Applicants (admitted and denied) who were interviewed:

42 %

Admitted applicants who were interviewed:

100 %

APPLICANT POOL

International applications received:

60 %

Applications from women received:

24 %

Mean base salary forgone:

$  68,406

Median base salary forgone:

$  61,679

CLASS PROFILE

Full-time students in newest entering class (2008-2009) that are:

Female: 39  %
International: 27  %
Married: 20  %

Ethnicity/US Students in Program

African American: 4  %
Asian American: 15  %
Hispanic or Latino American: 3  %
Multiethnic/Multiracial : 1  %
Native American: 0  %
White (Non-Hispanic): 43  %
Chose not to report: 6  %
Other: 1  %

Students from following regions:

Africa : 0  %
Asia: 20  %
Eastern Europe and Central Asia: 0  %
Latin America and the Caribbean: 2  %
Middle East: 2  %
North America: 73  %
Oceania : 0  %
Western Europe: 3  %

Entering North American citizens by region:

Mean months of work experience of newest entering class:

56

Median months of work experience of newest entering class:

60

Middle 80% range of work experience of newest entering class in months:

From:  36
To:  84

Median age of entering class:

26

Mean age of entering class:

27

FINANCIAL AID

Full-time MBAs apply for financial aid through:

Dedicated financial aid office at the B-school

Full-time MBAs applied for financial aid for the current academic year:

96 %

Full-time MBAs receiving financial aid through school:

84 %

Mean MBA financial aid package for the current academic year:

$  46,700

Median MBA financial aid package for the current academic year:

$  54,670

On what basis are scholarships awarded?

academic merit

Full-tuition scholarships school will award during the upcoming academic year:

25

How does an applicant apply for scholarship consideration?

As part of the admissions application

Mean scholarships awarded to full-time MBAs in the previous academic year:

$  26,780

Percentage of second-year students receiving the same or more amount of money in their second year of study:

100 %

Does the school offer a guaranteed loan to all MBAs regardeless of nationality?

No

If so, what is the maximum amount a student can borrow per year?

$  na

Mean outstanding debt among the most recent graduates from the full-time MBA program:

$  78,000

GMAT

Applicants required to take the GMAT?

Yes

Mean : 694
Median: 700

Middle 80% range GMAT scores:

From:  621
To:  750

CLASS OFFERINGS

Average students in a full-time MBA core class:

68

Average students in a full-time MBA elective class:

34

Elective courses available to full-time MBA students:

117

Electives that have been added to the full-time program since June 30, 2008:

The Global Enterprise
Advanced Topics in Valuation
The Political Legal and Social Environment of Bussines
Game Theory and Business Strategy
Strategic Change and Renewal

Concentrations and specializations offered to full-time MBA students:

Consulting

Entrepreneurship

Finance

Marketing

Operations Management

Portfolio Management

Other: Global Sustainable Enterprise, Investment Banking

Joint-degree programs offered to full-time MBAs:

MBA/JD (Law)

MBA/MA (Arts)

MBA/MD (Medicine)

MBA/ME (Engineering)

MBA/MILR (Industrial Labor Relations)

Other

Does the school offer an accelerated full-time MBA program?

Yes

FACULTY

Faculty employed by the B-school:

128

Full-time faculty

Tenured: 34
Non-Tenured: 28

Adjunct/Visiting Faculty

Tenured: 25
Non-Tenured: 38

Women on Faculty

Tenured: 10
Non-Tenured: 14

Minority Faculty

Tenured: 13
Non-Tenured: 11

International Faculty

Tenured: 20
Non-Tenured: 21

Faculty with PhDs

Tenured: 58
Non-Tenured: 35

STUDENT LIFE

Professional clubs available to full-time MBA students:

Biotech/Health care

Consulting

Corporate Social Responsibility/NetImpact

Entrepreneurship

Environmental

Finance

High Tech

Human Resources

Investment Banking

Marketing

Media & Entertainment

Nonprofit

VC/ Private Equity

Other

Networking clubs available to full-time MBA students:

Black MBA Association

Gay/Lesbian/Bisexual

Hispanic Student Organization

International Club

Partners/Family

Volunteer

Wine

Women in MBA

Other

TEACHING/ACADEMICS

Teaching methods used

Case study: 30  %
Distance Learning: 3  %
Experiential Learning: 15  %
Lecture: 30  %
Simulations: 2  %
Team Project: 20  %

Requirements for graduation:

Students must have attended a minimum number of classes

Students must have earned a pre-determined GPA/Letter grade average

TECHNOLOGY

Is there a wireless network in main B-school buildings?

Yes

Technology improvements in the last three academic years:

We installed monitors in over 30 study rooms to allow students to display their laptop screens to others. We upgraded all the projectors in the classrooms to provide brighter and clearer displays. We added displays to the entrance way showing stock values. We upgraded the tickers in the Parker Center, our center for investment research. We converted a computer lab into a Business Student Service Center which includes vending machines, a copier, FAX, printers, supplies, and comfortable furniture. And, we changed the Student Service Center and remaining computer lab to be available 24/7. Finally, we upgraded our Admissions system to make applying easier and added online acceptance and declines.

Amount spent:

$  2,794,317

ALUMNI

Living MBA alumni:

13,217

Active MBA alumni clubs

30

Countries in which MBA clubs exist

10

Living MBA alumni who gave in past year:

27 %

Mean gift from MBA alumni:

$  9,574

Median gift from MBA alumni

$  3,428

Did school receive an individual gift in excess of $10 million in past academic year?

No

Business School Endowment

$  187,401,000

Does the main university offer career placement services for alumni?

Yes

Does the main university have an alumni networking Web site?

Yes

University alumni networking site:

http://www.cornell.edu/alumni/

Does the B-School have an alumni networking site:

Yes

Business school alumni networking site:

http://www.johnson.cornell.edu/alumni/

Do current MBA students have access to an alumni database?

Yes

CAREER SERVICES

Graduates seeking full-time professional MBA employment: 89  %
Graduates not seeking employment: 9  %
Graduates for whom you have no information regarding employment: 2  %

Of grads not seeking employment: Percentage of graduates not seeking employment who were company-sponsored, or already employed: 6  %
Percentage who were continuing their education (after graduation): 0  %
Percentage who were postponing their job search: 0  %
Percentage who were starting their own business(es) : 1  %
Percentage who were not seeking employment for other reasons: 2  %

Annual job-searching trips that the school coordinates or participates in:

Destination: Boston, Walk Down State Street
Month: January
Amount Paid By School: Partial
Destination: New York City, Week on Wall Street
Month: January
Amount Paid By School: Partial
Destination: California, Week in Silicon Valley
Month: January
Amount Paid By School: Partial
Destination: Orlando, Florida
Month: September
Amount Paid By School: Partial
Destination: Texas, Pacific Northwest, London, Boston, Boston, San Francisco
Month: October, January, November, March, February, March
Amount Paid By School: Partial

Primary Source of Job Offer

School-facilitated activities: 64  %
Graduate-facilitated activities: 36  %
No information provided by graduate: 0  %

Job Offers for 2008 graduates:

Received first job offer by graduation: 84  %
Received first job offer in three months following graduation: 93  %
Received first job offer more than 3 months after graduation: 0  %
Did not report having received a job offer: 7  %

Top recruiting firms and the number of full-time MBAs hired in the past 12 months:

Job-accepting graduates who received a signing bonus:

81 %

Mean and median base salary, signing bonuses and other compensation for most recent employed graduates:

Mean base salary for most recent graduates: $  100,700
Median base salary for most recent graduates: $  95,000
Mean signing bonus for most recent graduates: $  26,560
Median signing bonus for most recent graduates: $  25,000
Mean other guaranteed compensation for most recent graduates: $  33,015
Median other guaranteed compensation for most recent graduates: $  20,000

Graduating students who accepted jobs in the following functional areas:

Consulting: 20  %
Finance/Accounting: 45  %
General Management: 10  %
Human Resources: 0  %
Marketing/Sales (Public Relations, Product Management, Market Research, Advertising, etc.): 17  %
Management Information Systems (MIS): 0  %
Operations/Logistics (Logistics, Purchasing, Engineering, etc.): 0  %
Other: 8  %

Graduating students who accepted jobs in the following industries:

Government (Federal, State, Local, Military): 0  %
Consulting: 21  %
Consumer Products: 9  %
Financial Services: 40  %
Manufacturing: 14  %
Media/Entertainment: 0  %
Non-Profit: 0  %
Petroleum/Energy: 4  %
Pharmaceutical/Biotechnology/Health care Products: 3  %
Real Estate: 0  %
Technology: 2  %
Other: 8  %

Graduates who accepted full-time jobs in the following regions:

Africa: 0  %
Asia: 8  %
Eastern and Central Europe and Central Asia: 0  %
Latin America and the Caribbean: 3  %
Middle East: 0  %
North America: 89  %
Oceana: 0  %
Western Europe: 1  %

Within North America, graduates who accepted full-time jobs in the following regions:

Northeast: 63  %
Mid-Atlantic: 8  %
South: 2  %
Southwest: 4  %
Midwest: 10  %
West: 10  %
Possessions and territories: 0  %
Canada: 1  %

Top Companies - Internships:

Internships awarded that are paid:

94 %

Mean and median intern compensation per week:

Mean :  1,565
Median:  1,635

SCHOOL COMMENTS

School Comments:

N/A