Cornell University was founded in 1865 by Ezra Cornell and Andrew Dickson White. Located in Ithaca, New York, Cornell is a private university and member of the Ancient Eight and Ivy League institutions. The school features 14 different colleges and schools, 11 of which are located in Ithaca, two in New York City as well as one international campus in Doha, Qatar. The student is home to 21,593 students both on and off campus, and 20 percent of its student body are international students. Cornell has been a pioneer in education since its inception. The school awarded the first degree in the world in journalism, the first degree in America in veterinary medicine, and the first ever doctorate degrees in electrical as well as industrial engineering. Cornell was also the very first American university to begin to teach the modern forms of Far Eastern languages.
Cornell University Accreditation Details
Cornell University has been awarded accreditation by the Middle States Commission on Higher Education. They have held this accreditation since 1921.
Cornell University Application Requirements
Students applying to the MBA program at the Samuel Curtis Johnson Graduate School of Management at Cornell University must submit the following materials upon application to the program:
- Curriculum vitae
- Two essays – a third essay is optional
- Live of extra-curricular activities
- Two letters of recommendation
- Transcripts from all university coursework completed
- Official GMAT or GRE scores
- TOEFL or IELTS score if not a native English speaker
- $200 application fee
After applying to join the MBA program, applicants will receive one of three separate notifications. The first is an invitation to attend an interview. The second is a notification of being placed on the waitlist without an interview. The third is a denial of admission to the program. Interviews are offered on campus or via Skype.
Applicants applying to the two-year MBA program offered at Cornell usually have an average of five years of post-graduate work experience as well as an average score of 700 on the GMAT. The candidate profile for the one-year MBA program usually features students with advanced degrees, usually a Masters degree or certification in a specific area of business. The average applicant to the one-year MBA program usually has around 5.6 years of work experience in a professional setting.
Tuition and Financial Aid
The total cost to attend Cornell University each year for undergraduates who are residents of the state of New York is estimated to be $49,354. For students who are not residents of the state of New York, the estimated cost is expected to be $65,494 per academic year. These estimates are inclusive of tuition, fees, room and board.
The tuition for the two-year MBA program is currently set at $112,000 for the program. The tuition for the one-year MBA program is currently set at $93,000 and includes the summer term. This is inclusive of tuition only.
Cornell University accepts the following forms of payment and financial aid:
- Veterans Education Benefits
- Cornell Endowed Scholarship
- New York State Tuition Assistance Program
- NYS Math and Science Teaching Incentive Scholarships
- Federal Pell Grant
- Private Funding
- Federal Work-Study Program
- Student Employment
Online Degrees Available
Cornell University Two-Year MBA Program
The two-year MBA program offered by Samuel Curtis Johnson School of Management lasts for 21 months and includes a summer term, which is occupied by an internship. Each year, the program begins in the month of August. Students spend the first two weeks working through activities that are designed to provide an orientation to the program as well as an overview of the concepts and skills that will be sharpened over the length of the course.
Students can choose from five general concentrations. These concentrations include consulting, entrepreneurship, leadership and ethics, global business management and sustainable global enterprise. Students may also choose from one of seven in-depth focuses during their degree. These seven concentrations include corporate finance, financial investing, financial analysis, marketing analytics, marketing management, private equity and strategy. Students can choose two of these concentrations during their program. Cornell suggests choosing one broad theme as well as one in depth theme. By choosing this path, the student will be able to come an expert in specific areas that will serve them in their career.
Cornell University One Year MBA Program
The one-year MBA program offered at the Johnson School of Management is an accelerated version of the two-year MBA program. This degree is run over 12 months rather than two years and is designed for business professionals who wish to minimize the time they are away from their position. Because this is a fast track program, the schedule is more rigorous and the standards for acceptance are slightly higher than the two-year program. The program begins in May of each year and takes part in the best of the two-year program by teaching core courses during the summer semester. After completing the core courses, students move into a practicum. This practicum features hands-on training in management and operates similarly to an internship. The final semester is spent taking elective courses in the student’s chosen concentration. These concentrations are the same concentrations available in the two-year MBA program, and students will take their electives with a range of one and two-year program students. The optional consulting focus is also available with the one-year MBA program.
The one year program differs from the two-year program in that it accepts certain certifications for course credit. Students holding one of the following certifications will be able to advance through the program faster:
- Chartered Financial Analyst
- Certified Public Accountant
- Institute of Chartered Financial Accountants
- Society of Actuaries
- Project Management Institute
The Samuel Curtis Johnson School of Management at Cornell University offers students the chance to complete a variety of MBA programs designed for several levels of corporate experience. Cornell University offers students a variety of choices of specializations, and the school also allows them to forego a specialization and simply focus on being the best manager they can be.