The Johnson Graduate School of Management at Cornell University will soon offer a one-year MBA program based at Google’s New York City campus, sources told Poets&Quants.
The decision, to be announced shortly by the school, will significantly change the competitive dynamic in New York where Columbia Business School and New York University’s Stern School have long reigned as the major elite MBA players. The Cornell program would launch in May of 2014.
Cornell officials gave advance notice of the program to MBA admission consultants at their annual conference hosted by Wharton in June.
‘AN ATTRACTIVE NYC ALTERNATIVE TO COLUMBIA OR STERN’
Several consultants say the program would find a receptive audience. “An Ivy League MBA in New York without having to go to Columbia or Stern would be a pretty attractive alternative to many applicants,” says Dan Bauer, CEO and founder of The MBA Exchange, a major MBA admissions consulting firm. “Also the implied endorsement of Google makes it a pretty hot option for people. We will probably be seeing more one-year programs in the next five years.”
The highest ranked U.S. school with a one-year program is Northwestern University’s Kellogg School of Management, which started its program in 1964. The school is now putting greater emphasis on that program which has been under the radar for quite a few years. Kellogg said it plans to substantially increase enrollment in its one-year program, which had been under the radar for some time.
ONE BIG QUESTION: WILL CORNELL ACCEPT A BROADER RANGE OF CANDIDATES?
Cornell, along with Emory University’s Goizueta School of Business, are the only other top 20 business schools in the U.S. with one-year programs. But the current Cornell accelerated option, with tuition of $86,336, enrolls fewer than 50 students a year and is somewhat atypical because the school requires applicants to have earned master’s or doctoral degrees in rigorous quantitative fields. It’s not yet clear if Cornell will accept a broader range of students for its New York City program.
Many one-year MBA programs in the U.S. tend to require an undergraduate degree in business or economics. The one-year timeline is much more common at European business schools, such as INSEAD in France or IE Business School in Madrid, Spain.
Cornell’s decision to offer an MBA in New York follows a game changing initiative for both the university and its business school. In late 2011, Cornell won a competition for $100 million in funds and $300 million worth of New York City real estate to create a new graduate school dubbed Cornell NYC Tech.
The school, meant to help commercialize science and technology to create businesses and employment in New York, gives the university and the business school a dynamic laboratory for innovation and entrepreneurship. Cornell NYC Tech, which opened its doors in January in 20,000 square feet of space at Google’s New York headquarters in Chelsea, will eventually boast a vast campus on Roosevelt Island in 2017.作者: David-J 时间: 2013-7-22 22:24
MBA from Johnson at Cornell NYC Tech Innovates Business Education for the Connected World
NEW YORK, July 22, 2013 /PRNewswire-USNewswire/ -- Johnson at Cornell University doesn't just teach innovation – we live it. Johnson, a top-tier graduate business school, pioneered performance learning and immersion programs in MBA education, and deployed new technology to connect students in cities across the Americas. And in response to market demands, Johnson today is introducing a new MBA program at Cornell NYC Tech that fuses business, technology, innovation and entrepreneurship in a fast-paced, hands-on learning environment. Johnson's rigorous, one-year, full-time MBA program combines business and technology in New York City—the world's most dynamic commerce and digital business hub.
"The MBA degree on the Cornell NYC Tech campus is a unique opportunity for us to continue an established history of innovating graduate business education, both in content and pedagogy," said Soumitra Dutta, the Anne and Elmer Lindseth Dean of Johnson at Cornell University. "We're creating a program that addresses the fact that technology has changed the way business is done. It's not about adding technology courses to an existing MBA, but about developing a new education and learning experience for business leaders in the digital economy."
"The MBA from Johnson is a vital part of our effort to create a new model of tech education that brings the energy, entrepreneurial spirit, and innovation of the tech eco-system directly onto campus," said Daniel P. Huttenlocher, dean of Cornell NYC Tech. "The MBA students will benefit from working alongside technical students, faculty and researchers, and the entire campus will be enriched by the perspective of business students."
The MBA program at Cornell NYC Tech takes full advantage of the university's top-ranked programs in business, computing, and engineering. And it does so in a community that inspires entrepreneurship, in a physical space that promotes open collaboration, and within a campus culture that embraces creativity and a passion for bringing transformational ideas to life. Students are immersed in New York City's flourishing tech ecosystem, where they continuously work on projects with global business and startup ventures. They complete course work in the foundational disciplines of business, with an emphasis on the skills and knowledge needed to create business value in the digital economy. Courses will include design thinking, global venturing, leading innovation, big data opportunities, and managing technology disruptions, among others.
The one-year MBA degree program at Cornell NYC Tech is for those with a degree in science or technology, as well as relevant work experience, who want to enhance their business knowledge and who desire leadership opportunities in the digital economy. Students learn in the vibrant center of New York City's global tech ecosystem, following a summer session in Ithaca, New York. The first class begins the program in May 2014 in Ithaca, and spends the following two semesters on the Cornell NYC Tech campus. They will graduate in May 2015 with a deep understanding of how technology is changing the way business works, and as leaders ready to start innovative businesses and transform organizations.
About Johnson at Cornell University
Johnson at Cornell University offers five programs to earn the Cornell MBA: three full-time programs and two programs for executives. Johnson also offers dual degree and certificate programs with law, industrial and labor relations, engineering, medicine, health administration and real estate. The school offers superb instruction using a collaborative, immersive approach in which students apply what they learn to business challenges at real companies. For more information, visit: http://www.johnson.cornell.edu. For more on the MBA degree at Cornell NYC Tech: http://www.tech.cornell.edu/johnsonmba.
About Cornell NYC Tech
Cornell NYC Tech offers a distinctive model of graduate tech education that fuses scientific excellence with real-world applications and entrepreneurship, rooted in the latest academic research. Students, faculty and industry experts learn and work together to develop ideas and create new ventures that have global impact. Cornell University and its academic partner the Technion-Israel Institute of Technology were selected by the City of New York in December 2011 to build a world-class applied sciences campus on Roosevelt Island. The campus is currently housed in the Google building in the Chelsea neighborhood of Manhattan.
Cornell NYC Tech launched its first degree program in January – a Cornell University Master of Engineering in Computer Science. In addition to the MBA from Johnson, in fall 2014 the campus will offer a two-year interdisciplinary program in its Jacobs Technion-Cornell Innovation Institute where students earn dual master degrees concurrently — one from Cornell and one from the Technion. At full build, the campus intends to offer eight degree programs. For more information about Cornell NYC Tech please visit http://www.tech.cornell.edu.
SOURCE The Johnson School at Cornell University作者: nbhd 时间: 2013-7-22 23:12
