Master of Business Administration [M.B.A]
Field of Study:
$1.5 L/Yr
MBA at Cornell University ranks #17 according to the Financial Times MBA ranking 2022. The school offers two types of full-time MBA programs - a two-year MBA program and a one-year Johnson Cornell Tech MBA program. In addition to this, Cornell University has 4 Executive MBA programs - Executive MBA Americas, Executive MBA Metro NY, Executive MBA/MS in Healthcare and Cornell-Tsinghua Finance MBA.
- Application Deadline - Johnson School of Management conducts three application rounds for MBA. September 22, 2022, is the deadline for the first round. The deadline for the 2nd round of applications is on January 10, 2023. April 11, 2023 is the final MBA application deadline.
- Class Profile - In total, 304 students enrolled for class of 2023. International students from 30 countries were accepted into the program. They comprise 35% of the total class. The class submitted an average undergraduate GPA of 3.34 and GMAT score of 710. The average age of the MBA class of 2023 is 28 demonstrating full-time work experience of 5 years.
- Placements and Top Employers - Companies that hired MBA class of 2021 graduates include EY, Amazon, PWC, Deloitte Consulting, Bain & Company, and Mckinsey and Company. The average salary offered to Cornell Johnson MBA graduates is 139,121 USD.
Check: Cornell University Student profile
Course description
- The full-time, two-year MBA program at Johnson School of Management is STEM-designated. International students pursuing the program are eligible to apply for an additional 24-month OPT extension.
- Students need to complete 9 core courses on business fundamentals during Year One of the MBA programs.
- The Immersion Program is a unique feature of Johnson's two-year MBA program. This program allows students to focus on a particular field and gain problem-solving experience in real-life situations.
- The school offers 7 study areas for an immersion learning experience. This includes Digital Technology, Corporate Finance, and Investment Banking among others.
- Johnson School of Management also offers over 80 electives. Students can choose to opt for electives in more than one focus area in their second year.
- The school offers 12 areas of focus supporting a wide range of career options. This includes Brand Management, Consulting & Strategy, Data Modeling & Analytics, and Emerging Markets. However, it is not mandatory to opt for a focus area.
Johnson School of Management also offers an array of global business learning opportunities. Study trips, exchange programs and 8 internationally-oriented student clubs.Read: Cornell University student review
Important Dates
| Event | Application Date |
|---|---|
| Application Deadline Round 2 | |
Tuition Fees
| Year | 1st Year Fees |
|---|---|
| Tuition Fees | $153380 (USD 153380) |
Other Expenses
| Head | Avg Cost Per Year |
|---|---|
| Housing & Meals | $20016 (USD 20016) |
| Personal Expenses | $4486 (USD 4486) |
| Total Cost | $24502 (USD 24502) |
The cost of full-time MBA at Cornell Johnson for the academic year 2022-23 is $76,690. Students pursuing MBA at Cornell University also need to pay for student activity fee, health fee and health insurance.
Johnson has over $14 million in scholarship funds to award each year to new students. Over 35% of Johnson students receive scholarship assistance. The school considers all applicants for merit-based scholarships. Below-mentioned scholarships are also available at Cornell Johnson School of Management:
- Johnson Endowed and Annual Scholarships
- Forte Fellows program
- ROMBA Fellowship
Check: MBA scholarships in USA
Previous Year Tuition Fees
| Year | 1st Year Fees |
|---|---|
| 2022 | $153380 (USD 153380) |
| 2021 | $76690 (USD 76690) |
Eligibility & Entry Requirement
Indian students applying for admission at Cornell University need to fulfill the following eligibility requirements:
Academic Requirements:
- A bachelor’s degree or its equivalent from an accredited institution
- Undergraduate GPA of 3.5/4.0
English Language Requirements
Essay Questions:
- Goals Statement prompts
- Immediately post-MBA, my goal is to work as a(n) [Role] at [Company] within [Industry].
- In 5–10 years post-MBA, my goal is to work as a(n) [Role] at [Company] within [Industry].
- How has your experience prepared and encouraged you to pursue these goals?
- Impact Essay
- Taking into consideration your background, how do you intend to make a meaningful impact on an elite MBA community? (350 words maximum)
Work Experience
Full-time work experience is not required to apply for Cornell Johnson MBA. But on average, MBA applicants have 2-5 years of work experience.
Scores Required
GMAT Score:
- There is no minimum GMAT/GRE score requirements
- GMAT test score should ideally be over 700
- Middle 80% of the class submitted an average GMAT test score between 650-750
- Equivalent GRE scores are also accepted
Note: Cornell Johnson is offering full-time MBA candidates for the application cycle 2022-23 the ability to request for GRE/GMAT test waiver.
Required Document List
Following documents are required for admission to MBA at Johnson School of Management:
- Academic Records and Transcripts
- TOEFL or IELTS score report
- GMAT/GRE exam report
- Resume
- Goals Statement and one required essay
- 1 Professional Letter of Recommendation
- $200 USD as application fee
Check: SOP for MBA for USA
Course Guides
Executive MBA in USA: Top Universities, Admissions, Fees, Scope
Masters (MS) in USA: Colleges, Courses, Deadlines, Eligibility & Fees
Masters in Management in USA: Fees 2023, Top Colleges, Placements & Salaries
MBA in Finance in USA: Top Colleges, Cost, Admission Requirements, Scholarships, Scope
MBA in USA Colleges, Fees, Scholarships, Salary
MBA in USA without GMAT: Top Universities, Admission Requirements, Deadlines, FAQs
VISA & Work Study
VISA
International students who have accepted an offer of admission can follow the steps below to apply for visa to study in USA -
- Request for an I-20/DS-2019 form and complete all required sections
- Upload the form along with required supporting documents
- Register with SEVIS and pay the SEVIS-I-901 fee of 350 USD
- Fill up the online nonimmigrant visa application form DS-160
- Pay the visa application fee of 160 USD
- Schedule a visa interview at the nearest US Consulate
Candidates need to carry the following documents during US student visa Interview -
- Passport
- Completed online application form
- Application fee payment receipt
- Form I-20
- Academic Transcripts
- Standardized Test scores (GMAT/GRE)
- English Language proficiency test scores (TOEFL scores)
- Intention to leave US after course completion
Work Study
99% of students from the MBA class of 2022 accepted their internship offer. The monthly salary offered to the MBA class of 2022 was $9,712. The table below displays the average monthly salary as per job function:
| Function | Monthly salary |
|---|---|
| Consulting | $10,766 |
| Investment Banking | $11,874 |
| Management | $7,670 |
| Finance | $8,188 |
| Marketing | $7,468 |
| Operations/Logistics | $8,667 |
| Information Technology | $8,084 |
Check: MBA jobs in USA
Career and Placement after Course
95% students from MBA class of 2021 obtained a full-time job three months after graduation. MBA class of 2021 also saw an increase in average base salary compared to class of 2020. Graduates received an average base salary of $139,121 USD and average signing bonus at $37,684.
The table below details the average base salary by job function offered to Johnson MBA graduates:
| Function | Salary (USD) |
|---|---|
| Consulting | $148,052 |
| Finance | $125,833 |
| Investment banking | $156,571 |
| Management | $126,243 |
| Marketing | $117,047 |
| Operations/Logistics | $125,143 |
| Information Technology | $113,333 |
Johnson MBA class of 2021 are working in companies like J.P. Morgan Chase & Co., American Express, Deloitte Consulting, Bank of America, EY, PwC, Bain & Company among others.
Scholarship Grants & Financial Aids
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| Deutschland Stipendium Program | Scholarship per student$ 4,363/Yr$4,363 | Level Of StudyBachelor | TypeCollege-Specific | |
| JN Tata Endowment Scholarship | Scholarship per studentVariable Amount | Level Of StudyDoctorate | TypeMerit-Based | |
| Paul Foundation scholarships | Scholarship per student$ 20,174/Yr$20,174 | Level Of StudyDiploma | TypeMerit-Based | |
| Gyandhan Scholarship | Scholarship per student$ 1,222/Yr$1,222 | Level Of StudyMaster | TypeMerit-Based | |
| 1st Formations Business Scholarship | Scholarship per student$ 800/Yr$800 | Level Of StudyBachelor | TypeMerit-Based | |
| Forte Fellowship | Scholarship per student$ 24,623/Yr$24,623 | Level Of StudyMaster | TypeMerit-Based |
Options Available
| Program | Delivery Type | Duration | Program Type | Tuition Fees |
| M.B.A | full time | 1 year | on-campus | $71940 |
| E.M.B.A Americas | full time | 2 years | on-campus | $100820 |
| M.B.A Finance | part time | 1 year | on-campus, dual_degree | $76690 |
| M.B.A Cornell Tech | full time | 1 year | on-campus | $71940 |
| M.B.A Management Science | full time | 2 years | on-campus, Course Based | $74026 |
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