Cornell / Johnson MBA News
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U.S. News Ranks 10 Full-Time MBA Programs That Lead to Highest Student Debt
As part of its Short List series, U.S. News & World Report today took a closer look at the student debt load incurred by full-time MBA students graduating from top business school programs. According to data provided by schools as part of its annual ranking, U.S. News found that full-time MBA graduates in 2012 emerged with an average of $49,619 in debt. At the 10 schools where graduates incurred the most student debt, the average per student was $97,154.
Graduates of New York University’s Stern School of Business top the list in terms of average debt. There, the average graduate has a debt load of $105,782. Six figure debt is also the norm for graduates from the University of Virginia's Darden Graduate School of Business Administration, the Fuqua School of Business at Duke University and the Massachusetts Institute of Technology's Sloan School of Management, U.S. News reports.
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Cornell’s Johnson School to Offer New One-Year MBA Program in New York City
Cornell University’s Samuel Curtis Johnson Graduate School of Management today announced that it will offer a one-year, full-time MBA program on a new Cornell NYC Tech campus on Manhattan’s Governors Island. The program’s first class will begin in May 2014.
“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,” Johnson Dean Soumitra Dutta said in a statement. “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.”
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Top Business Schools Report Healthy Application Volume Increases
When GMAT test-taking volume jumped by 11 percent for the year ending last June, those watching the MBA admissions space had reason to suspect that application volume at top schools might follow suit. Recent articles from Bloomberg BusinessWeek and Poets & Quants reveal exactly that, with Cornell University’s Johnson Graduate School of Management, the University of Virginia’s Darden School and the University of Chicago’s Booth School all reporting double-digit increases in the number of students applying to their two-year, full-time MBA programs.
Bloomberg BW last week surveyed its top-10 ranked business schools, discovering that half were reporting significant increases in application volume, ending a three-year decline. Johnson led the pack, with an increase of 12 percent, followed by Darden, at 11 percent, and Chicago Booth, at 10 percent.
P&Q reports that Indiana University’s Kelley School of Business blew even those numbers out of the water: Applications to that school’s two-year MBA program swelled by 25 percent after it moved up the Bloomberg BW rankings four places, to 15th, last year.
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Cornell University’s Johnson School of Management Wins Top Accolades for Diversity
The Samuel Curtis Johnson Graduate School of Management got an A+ for diversity in recruitment practices as part of a recent benchmark study conducted by Diversity MBA Prep, an online community offering resources to women and minorities considering an MBA. Of 50 top MBA programs included in the study, only Johnson received the top grade.
As part of the MBA Advantage: Diversity Outreach Benchmarking Report, schools were evaluated based on the diversity of perspectives provided to candidates via their Web and social media presence, the range of activities and outreach directed toward candidates of diverse backgrounds, diversity at the school leadership level and the effectiveness of diversity recruitment initiatives.
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Published: September 3, 2012
Admissions Director Q&A: Christine Sneva of Cornell University’s Samuel Curtis Johnson Graduate School of Management
Christine Sneva has been director of admissions at Cornell University’s S.C. Johnson School of Management since May 2011 and spent several years before that directing the school’s International Academic Exchange Program.
There are a lot of interesting things happening right now at Johnson, she tells us. Not the least of which is the arrival of a new dean, Soumitra Dutta, who began on July 1st. Read on to learn more about the things Sneva is most excited about – like a New York City tech campus – as well as her advice for approaching this year’s essay questions and more.
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