Cornell University

SCHOOL BASICS

Sage Hall

Cornell University

Ithaca

14853

New York

United States

School based in:

U.S.

Status:

Private

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

ENROLLMENT

Total graduate business school: 868

Full-time MBA: 565

Executive MBA: 303

PhD program: 43 Doctorate of Business Administration: N/A MS: N/A MSA: N/A Other: N/A

Graduate degree programs:

Other graduate degree programs:

N/A

PROGRAM BASICS

Address: 111 Sage Hall

City: Ithaca

New York

United States

Program Web site:

www.johnson.cornell.edu

Program e-mail address:

mba@cornell.edu

PROGRAM LENGTH

Full-time program (months):

21

PROGRAM COSTS

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

Resident : $  42,700

Nonresident : $  42,700

Recommended annual budget (Resident): $  63,960

Recommended annual budget (Nonresident): $  63,960

CLASS PROFILE

Full-time students in newest entering class (2007-08) that are:

Female: 28 %

International: 26 %

Married: 26 %

U.S. students only:

African American: 7 %

Asian American: 17 %

Hispanic or Latino American: 3 %

Multiethnic/Multiracial: 2 %

Native American, Alaskan Native or Pacific Islander American: 2 %

White (Non-Hispanic): 54 %

Ethnicity other than above: 2 %

Ethnicity not reported: 15 %

Students from following regions:

Africa : 0 %

Asia: 24 %

Eastern and Central Europe and Central Asia: 1 %

Latin America and the Caribbean: 2 %

Middle East: 1 %

North America: 72 %

Oceania : 0 %

Western Europe: 2 %

Percentage of students with dual citizenship: na %

Entering North American citizens by region:

U.S.: 74 %

Northeast: 61 %

Mid-Atlantic: 9 %

South: 5 %

Southwest: 7 %

Midwest : 5 %

West: 14 %

Possessions and territories: 0 %

Mean : 680

Median : 690

Applicants required to take the GMAT?

Yes

Middle 80% range GMAT scores:

From: 600
To: 740

ADMISSIONS

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: Application Elements

GMAT Score:

very important

Resume/Work Experience:

very important

Application Essays:

important

Interviews:

very important

Recommendations:

important

Undergraduate Transcripts:

important

CLASS PROFILE

Mean months of work experience of newest entering class:

55

Median months of work experience of newest entering class:

48

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

From: 24
To: 84

New entrants with one year or less of work experience:

3 %

Mean age of entering class:

27

Median age of entering class:

27

APPLICANTS

Applications (admitted and denied) to the newest class:

2178

Applicants who were accepted to the most recent class:

25 %

Admitted applicants who enrolled in the newest class:

49 %

Applicants who were re-applicants from prior years:

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:

33 %

Admitted applicants who were interviewed:

100 %

International applications received:

58 %

Applications from women received:

24 %

Mean base salary forgone:

$  72,995

Median base salary forgone:

$  69,250

ADMISSIONS

Does the program have rolling admissions?

No

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:

91 %

Full-time MBAs receiving financial aid through school:

Institutional Scholarships: 78 %

Mean MBA financial aid package for the current academic year:

48212

Median MBA financial aid package for the current academic year:

60500

On what basis are scholarships awarded?

academic merit

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

27

How does an applicant apply for scholarship consideration?

As part of the admissions application

Did scholarship remained the same or grow in second year?

100 %

Guaranteed loan regardless of nationality:

Yes

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

$  63,960

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

$  73,800

FACULTY

Full-time faculty employed by the B-school:

68

Adjunct or visiting faculty:

36

Permanent/tenured professors:

34

Tenured faculty who are women:

19 %

Tenured faculty who are underrepresented minorities:

0 %

TECHNOLOGY

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

Yes

Technology improvements in the last three academic years:

We have made technological improvements in our classrooms, studio, and public spaces. In classrooms we have installed custom made podiums that include a computer, document camera, and DVD; projectors have been upgraded in each room as well as the control system which allows one to operate the entire room. We installed a TV digital studio that allows faculty to be broadcast to 10 different Boardrooms between the USA and Canada, simultaneously. We have upgraded our admissions system which enhances our student’s ability to apply and our ability to respond electronically. We installed a new audio system in the atrium allowing us to have speakers at events in our central public space.

Amount spent:

$  3,005,850

CLASS OFFERINGS

Average students in a full-time MBA core class:

70

Average students in a full-time MBA elective class:

35

Elective courses available to full-time MBA students in the 2006-07 academic year:

106

Concentrations and specializations offered to full-time MBA students:

Consulting

Entrepreneurship

Finance

Marketing

Operations Management

Portfolio Management

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

TEACHING/ACADEMICS

Requirements for graduation:

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

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

Active MBA alumni clubs

28

Countries in which MBA clubs exist

9

Living MBA alumni who gave in past year:

24 %

Mean gift from MBA alumni in past academic year:

$  1,382

Median gift from MBA alumni in past academic year:

$  250

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

No

The business school's total endowment as of June 30, 2007

$  184,746,618

Does the main university have an alumni networking Web site?

Yes

University alumni networking site:

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

Does the main university offer career placement services for alumni?

Yes

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: 91 %

Graduates not seeking employment: 8 %

Graduates for whom you have no information regarding employment: .6 %

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

Destination: Walk Down State Street (investment management firms in Boston)

Month: January

Amount Paid By School: all trips are partially funded

Destination: Week on Wall Street

Month: January

Destination: Week in Silicon Valley

Month: March

Destination: National Black MBA Association annual conference, Houston Tx

Month: September

Destination: National Society of Hispanic MBA's annual conference, Ft. Worth, Tx

Month: September

Amount Paid By School: London Trek - November Pacific Northwest Trek - March. High-tech Trek - Boston area - March. India Trek - January. China Trek - May. Just About Jobs: A Day in the Back Bay - Boston, Feb. Just About Jobs: A Day in the Bay - San Francisco, March

Companies that posted full-time job offers for MBAs on the school's job boards in 2006-07:

na

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

Company/No. Hired: Citi 16

Company/No. Hired: General Electric Company 10

Company/No. Hired: Deloitte Consulting LLP 9

Company/No. Hired: JP Morgan 8

Company/No. Hired: McKinsey & Company 8

Company/No. Hired: Microsoft Corporation 8

Company/No. Hired: UBS Investment Bank 7

Company/No. Hired: American Express Company 6

Company/No. Hired: Bain & Company Inc. 6

Company/No. Hired: Credit Suisse 6

Company/No. Hired: Deutche Bank 6

Company/No. Hired: Goldman Sachs Group, Inc. 6

Company/No. Hired: Unilever 6

Company/No. Hired: Bank of America 5

Company/No. Hired: SC Johnson, Booz Allen Hamilton inc., J & J 5

Mean base salary for most recent graduates: $  97,985

Median base salary for most recent graduates: $  95,000

Mean signing bonus for most recent graduates: $  25,225

Median signing bonus for most recent graduates: $  20,000

Mean other guaranteed compensation for most recent graduates: $  20,062

Median other guaranteed compensation for most recent graduates: $  15,000

Job-accepting graduates who received a signing bonus:

82 %

Graduating students who accepted jobs in the following functional areas:

Consulting: 18 %

Finance/Accounting: 46 %

General Management: 9 %

Human Resources: 2 %

Marketing/Sales (Public Relations, Product Management, Market Research, Advertising, etc.): 22 %

Management Information Systems (MIS): .4 %

Operations/Logistics (Logistics, Purchasing, Engineering, etc.): 1 %

Other: 2 %

Graduating students who accepted jobs in the following industries:

Government (Federal, State, Local, Military): 0 %

Consulting: 18 %

Consumer Products: 8.4 %

Financial Services: 40 %

Manufacturing: 15 %

Media/Entertainment: .8 %

Non-Profit: 1.1 %

Petroleum/Energy: 1.1 %

Pharmaceutical/Biotechnology/Health care Products: 5.3 %

Real Estate: 3 %

Technology: 2 %

Other: 6 %

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

Africa: .4 %

Asia: 4 %

Eastern and Central Europe and Central Asia: 0 %

Latin America and the Caribbean: 2 %

Middle East: 2 %

North America: 92 %

Oceana: 0 %

Western Europe: 1 %

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

Northeast: 60 %

Mid-Atlantic: 5 %

South: 2 %

Southwest: 3.3 %

Midwest: 13 %

West: 15 %

Possessions and territories: 0 %

Canada: 0 %

Companies that recruited MBAs for internships on campus in 2006-07:

na

Companies that posted internships for MBAs on school job boards in 2006-07:

na

Top Companies - Internships:

Company/No. Hired: Citi 11

Company/No. Hired: American Express Company 10

Company/No. Hired: JPMorgan 9

Company/No. Hired: General Electric Company 7

Company/No. Hired: Amgen Inc. 6

Company/No. Hired: Bear, Stearns & Co., Inc. 6

Company/No. Hired: Deloitte Consulting LLP 6

Company/No. Hired: Deutche Bank 5

Company/No. Hired: Johnson & Johnson 5

Company/No. Hired: Accenture 4

Company/No. Hired: Barclays Capital 4

Company/No. Hired: Booz Allen Hamilton Inc. 4

Company/No. Hired: Goldman Sachs Group, Inc. 4

Company/No. Hired: Lehman Brothers Holding Inc. 4

Company/No. Hired: SC Johnson, Merrill Lynch & Company Inc. 4

Internships awarded that are paid:

94 %