- Wednesday November 4, 2009
- Subscribe Now
Cornell University
Johnson Graduate School of Management
Getting In
PROGRAM BASICS
Two Year Full Time MBA Program
The Johnson School of Management
111 Sage Hall
Ithaca
,
New York 14853
United States
Program Web site:
Status:
Private Institution
Program e-mail address:
Graduate business school is accredited by:
AACSB International
SCHOOL BASICS
Graduate business school enrollment:
Total:
952
Full-Time MBA:
952
Executive MBA:
356
PhD Program:
39
Other graduate degree programs:
N/A
PROGRAM COSTS
Total direct costs (tuition and required fees) of the entire MBA program:
Resident :
$
47,150
Nonresident :
$
47,150
Recommended annual budget (Resident):
$
68,994
Recommended annual budget (Nonresident):
$
68,994
PROGRAM LENGTH
Full-time program (months):
22
ADMISSIONS
Application Deadlines
Semester:
Fall 2009
Deadline:
October 9, 2009
Semester:
Fall 2009
Deadline:
November 12, 2009
Semester:
Spring 2010
Deadline:
January 12, 2010
Semester:
Spring 2010
Deadline:
March 30, 2010
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
Minimum paper-based TOEFL score required for MBAs:
600
Relative Importance of Application Elements:
GMAT Score:
Very Important
Resume/Work Experience:
Very Important
Application Essays:
Very Important
Interviews:
Very Important
Recommendations:
Very Important
Undergraduate Transcripts:
Very Important
APPLICANTS
Applications (admitted and denied) to the newest class:
2,276
Applicants who were accepted to the most recent class:
22 %
Admitted applicants who enrolled in the newest class:
54 %
Applicant interviews are:
Required
Applicants (admitted and denied) who were interviewed:
47 %
Admitted applicants who were interviewed:
100 %
APPLICANT POOL
International applications received:
52 %
Applications from women received:
26 %
Mean base salary forgone:
$ 58,663
Median base salary forgone:
$ 60,000
CLASS PROFILE
Full-time students in newest entering class (2009-2010) that are:
Female:
35
%
International:
22
%
Married:
20
%
Students from following regions:
Africa :
0
%
Asia:
25
%
Eastern Europe and Central Asia:
1
%
Latin America and the Caribbean:
2
%
Middle East:
1
%
North America:
71
%
Oceania :
0
%
Western Europe:
1
%
Percentage of U.S. students in newest entering class that are:
African American:
6
%
Asian American:
16
%
Hispanic or Latino American:
5
%
Multiethnic/Multiracial :
1
%
Native American:
0
%
White (Non-Hispanic):
51
%
Chose not to report:
20
%
Other:
1
%
Percentage of U.S. students in newest entering class who are from the following regions:
Northeast:
48
%
Mid-Atlantic:
18
%
South:
5
%
Southwest:
4
%
Midwest :
5
%
West:
20
%
Possessions and territories:
0
%
Mean months of work experience of newest entering class:
54
Median months of work experience of newest entering class:
50
Middle 80% range of work experience of newest entering class in months:
From:
24
To:
88
Median age of entering class:
27
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 who applied for financial aid for the current academic year:
92 %
Full-time MBAs receiving financial aid in the current academic year:
75 %
Mean MBA financial aid package for the current academic year:
$ 49,500
Median MBA financial aid package for the current academic year:
$ 55,500
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 scholarship awarded to full-time MBAs in the previous academic year:
$ 22,670
Percentage of first-year students receiving financial aid who receive at least the same amount in their second year of study:
100 %
Does the school offer a guaranteed loan to all MBAs regardeless of nationality?
No
Mean outstanding debt among the most recent graduates from the full-time MBA program:
$
83,700
GMAT
Are applicants required to take the GMAT?
Yes
GMAT scores:
Mean :
700
Median:
710
Middle 80% range GMAT scores:
From:
640
To:
750
Academics & Lifestyle
CLASS OFFERINGS
Average number of students in a full-time MBA core class:
73
Average number of students in a full-time MBA elective class:
34
Elective courses available to full-time MBA students:
169
Electives that have been added to the full-time program since June 30, 2009:
Strategic Change and Renewal
Consulting Process
Investing in Real Estate Securities
Energy and the Environment
Advanced Topics in Valuation
Concentrations and specializations offered to full-time MBA students:
Consulting
Entrepreneurship
Finance
International Business
Leadership
Marketing
Operations Management
Portfolio Management
Strategy
Other: Sustainable Global Enterprise, Investment Banking, Private Equity
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
The school believes that its leading areas of study for full-time MBA students are:
Consulting
Entrepreneurship
Finance
Marketing
Portfolio Management
FACULTY
Faculty employed by the B-school:
104
Full-time faculty:
Tenured:
33
Non-Tenured:
25
Adjunct/Visiting Faculty:
Tenured:
4
Non-Tenured:
42
Women on Faculty:
Tenured:
7
Non-Tenured:
11
Minority Faculty:
Tenured:
9
Non-Tenured:
7
International Faculty:
Tenured:
8
Non-Tenured:
14
Faculty with PhDs:
Tenured:
37
Non-Tenured:
25
STUDENT LIFE
Professional clubs available to full-time MBA students:
Biotech/Health care
Business Ethics
Consulting
Corporate Social Responsibility/NetImpact
Entrepreneurship
Finance
High Tech
Human Resources
Investment Banking
Manufacturing
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
%
Lectures:
30
%
Simulations:
2
%
Team Projects:
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
Technology improvements in the last three academic years:
Installed 32” LCD Monitors in over 35 study rooms. Replaced aging classroom control systems with state of the art Crestron control system. Upgraded LCD projectors in all classrooms. Installed 6 new LCD digital signs at entrances to Sage Hall. Upgraded stock tickers in the Parker Center and installed additional displays at the school’s main entrance. Replaced aging admissions, career management and alumni systems with Hobsons, MBA Focus and Harris Connect. Upgraded MS Exchange system to 2007 and improved support for web mail and mobile devises. Increased wireless capacity.
Amount spent:
$ 2,535,792
Alumni Affairs & Careers
B-SCHOOL ALUMNI
Living MBA alumni:
12,566
Active MBA alumni clubs:
19
Countries in which MBA clubs exist:
9
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:
Does the B-School have an alumni networking Web site?
Yes
Business school alumni networking site:
Do current MBA students have access to an alumni database?
Yes
CAREER SERVICES
Graduates seeking full-time professional MBA employment:
87
%
Graduates not seeking employment:
9
%
Graduates for whom you have no information regarding employment:
4
%
Annual job-searching trips that the school coordinates or participates in:
Destination:
Asia Trek (Hong Kong & Shanghai)
Month:
November
Amount Paid By School:
Partial
Destination:
Week on Wall Street
Month:
January
Amount Paid By School:
Partial
Destination:
Week in Silicon Valley
Month:
March
Amount Paid By School:
Partial
Destination:
High-Tech Trek, Boston area
Month:
March
Amount Paid By School:
Partial
Destination:
Business in Dubai
Month:
March
Amount Paid By School:
Partial
Primary source of job offer:
School-facilitated activities:
62
%
Graduate-facilitated activities:
38
%
Job Offers for 2009 graduates:
Received first job offer by graduation:
68
%
Received first job offer in three months following graduation:
8
%
Received first job offer more than 3 months after graduation:
1
%
Did not report having received a job offer:
24
%
Accepted first job offer by graduation:
62
%
Accepted first job offer in three months following graduation:
8
%
Accepted first job offer more than 3 months after graduation:
1
%
Did not report having accepted a job offer:
29
%
Top recruiting organizations most recent academic year:
Citi
8
Deloitte Consulting LLP
7
Accenture
5
Deutsche Bank
5
General Electric Company
5
JP Morgan
5
American Express
4
Barclays Capital Inc
4
Colgate-Palmolive Company
4
Goldman Sachs Group, Inc
4
Morgan Stanley
4
Bain & Company Inc
3
Johnson & Johnson
3
McKinsey & Company
3
Proctor & Gamble Company
3
Job-accepting graduates who received a signing bonus:
77 %
Base salary, signing bonuses and other compensation for most recent employed graduates:
Mean base salary:
$
97,990
Median base salary:
$
95,000
Mean signing bonus:
$
26,500
Median signing bonus:
$
25,000
Mean other guaranteed compensation:
$
21,670
Median other guaranteed compensation:
$
23,220
Graduating students who accepted jobs in the following functional areas:
Consulting:
18
%
Finance/Accounting:
41
%
General Management:
17
%
Human Resources:
0
%
Marketing/Sales:
18
%
Management Information Systems (MIS):
0
%
Operations/Logistics:
0
%
Other:
7
%
Graduating students who accepted jobs in the following industries:
Government:
0
%
Consulting:
17
%
Consumer Products:
9
%
Financial Services:
43
%
Manufacturing:
11
%
Media/Entertainment:
0
%
Non-Profit:
0
%
Petroleum/Energy:
3
%
Pharmaceutical/Biotechnology/Health Care:
3
%
Real Estate:
0
%
Technology:
2
%
Other:
12
%
Graduates who accepted full-time jobs in the following regions:
Africa:
0
%
Asia:
11
%
Eastern and Central Europe and Central Asia:
1
%
Latin America and the Caribbean:
0
%
Middle East:
0
%
North America:
88
%
Oceana:
0
%
Western Europe:
0
%
Within North America, graduates who accepted full-time jobs in the following regions:
Northeast:
62
%
Mid-Atlantic:
9
%
South:
2
%
Southwest:
4
%
Midwest:
10
%
West:
10
%
Possessions and territories:
0
%
Canada:
1
%
Top recruiting organizations for internships, most recent academic year:
American Express
9
General Electric Company
9
Citi
7
JP Morgan
6
S.C. Johnson & Son, Inc
6
Cornell University
5
Deutsche Bank
5
Johnson & Johnson
5
Reckitt Benckiser Inc
5
Unilever
5
Goldman Sachs Group, Inc
4
Accenture
3
Colgate-Palmolive Company
3
Pitney Bowes Inc
3
PricewaterhouseCoopers LLP
3
Internships awarded that are paid:
84 %
Weekly internship compensation:
Mean:
$ 1,410
Median:
$ 1,500
SCHOOL COMMENTS
School Comments:
N/A
Graduate Comments
My school location (Ithaca, NY) might not be ideal to some career paths. -- Consulting
I was able to realize all my goals through this program. It was a life changing experience. I think that without the Cornell MBA I would not have the opportunities I have today. -- Investment Banking
I have met a lot of great friends and got to know many professors. I addition, I learned a lot about myself, which will be a valuable tool for the rest of my life. -- Finance
The Johnson School is a wonderful, collaborative, challenging environment. Though the location can be a drawback to some, it facilitates a great deal of cameraderie and allows students to become fully invested in the MBA program in all of its aspects. -- Consulting
Program is very selective, academically rigourous, and Cornell's alumni network is huge and very accessible. -- Finance
I feel Cornell offers the best MBA education for the money. The professors are outstanding and the course offerings are amazing. -- Finance
The Johnson School has surpassed my expectations. Prior to business school I had hit a glass cieling. The education here has prepared me for a highly rewarding career. Hence, I will recommend it to my friends. -- Finance
Cornell offers a tremendous business skills foundation, leadership and character development opportunities, and flexible programing to accommodate and develop any aspiring business leader. -- Venture Capital/Private Equity
Cornell was a phenomenal experience. It combines a rigorous academic experience with a fantastic community, dedicated professors, a great breadth of research and professional centers, and great access to companies and networking. I wouldn't trade it for anyting! -- Finance
I am an international student from Japan. For international students like me, the atmosphere of Johnson School is ideal. Students are friendly and matured. They respect each other. For example, when an international student cannot explain something very fluently in English, they willingly try to understand what he/she wants to tell. -- Information Technology
The Johnson School is an incredible academic institution. Beyond that, it offers a highly collaborative, intense and challenging environment. It is, in my opinion, one of the best MBA programs in the world. -- Marketing
Cornell offers the benefits of a strong name, small size, and dedicated faculty and staff that involve students in the shape and direction of the school. For anyone who wants leadership training, technical skill-building, great job prospects, smart and fun classmates, and a beautiful setting -- Cornell is an ideal choice. -- Consulting
The small environment in Cornell really make you feel comfortable and the immersion program prepare you well for summer internship. The corporate relationship is also extremely strong. -- Marketing
Cornell's Johnson School offers The best financial aid packages to attract candidates which are the best fit for the school. -- Consulting
I would not recommend anyone going to Cornell. The school has it's positives and negatives but way too many negatives. [Though] There are many ways to get involved academically, such as the school's hedge fund (the Cayuga Fund),the school culture is weak. The administration is very poor. In terms of career help it is just not there. -- Consulting
Cornell is a great place to get an MBA. The class sizes are small, the faculty is available, and the facilities are great. The student body is extremely competitative, but not cutthroat. The administration has done a remarkable job of improving the quality of electives, strength of the alumni network, and career assistance over the past few years. I would highly recommend this program. -- Consulting
Admissions Tips
MBA Insider
Check out this feature-rich area for advice and tools that will help you choose the right school—and develop a strategy for getting accepted.
Community
MBA Forums
Ongoing conversations about MBA admissions, finding internships, landing a job, and more.
MBA Admissions
'Getting In' Blog
The latest news on admissions to top business schools from BW writers and editors.
MBA Toolkit
Links to BusinessWeek B-school resources to help get you in, pay for it, and get a great job.
B-School Life
Finding a Job
Paying the Bills
Business Tools
A-Z Index
Lists & Rankings
Blogs
- Apple
- Asia
- Autos
- Branding
- Economy
- Investing
- Management Trends
- Real Estate
- Small Business
- Social Media
- Technology
