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While I was at the info sessions, they mentioned that this program was being reworked. It is now called the TMO (Twelve Month Option), it is geared towards slightly more accomplished applicants, most of them having advanced degrees such as MSc or PhD.
Since there is no internship, this would not be ideal for career switchers. Either you are trying to advance yourself in finance/marketing/consulting, or you are an engineer type person moving up into management etc.
However they do have the same career services and recruiting available as 2 year program
Willget, TMO is a really good option for people who want to continue in the same industry but in a different function. I sent you a PM.
dude could you elaborate on it...
The TMO (Twelve Month Option) program has a requirement that the applicant has at least a masters degree. Cornell only accepts around 50 TMO's each year with an avg gmat score of roughly 700. The program lasts from May to May, so TMO's do not get to do an internship. TMO's will spend their first summer catching up on basic business courses like accounting, finance, marketing and they join the 2 year students at the end of the summer when they return from their internships.
TMO's have the advantage of completing the MBA degree in one year, however the disadvantage is that without a summer internship, their chances at IB, Capital Markets, etc will be much lower (unless thats where they came from).
TMO's will typically end up in management positions in the industry the came from with many of them actually starting up companies (or joining start-ups) in industires like Bio-Tech, Software, High tech etc. A small number of TMO's may also end getting very coveted VC jobs because of their vast experience and academic knowledge in the industries they worked in.