{"id":20125,"date":"2013-08-08T09:00:50","date_gmt":"2013-08-08T16:00:50","guid":{"rendered":"https:\/\/gmatclub.com\/blog\/?p=20125"},"modified":"2013-10-05T22:09:57","modified_gmt":"2013-10-06T05:09:57","slug":"cornell-tech-reengineers-mba-program","status":"publish","type":"post","link":"https:\/\/gmatclub.com\/blog\/cornell-tech-reengineers-mba-program\/","title":{"rendered":"Cornell Tech Reengineers MBA Program"},"content":{"rendered":"

\"Cornell<\/a>Cornell Tech and Cornell Johnson<\/a> have teamed up to create a one-year MBA program that will better meet the growing technological needs of today\u2019s business world. The Cornell Tech MBA will combine elements from Cornell\u2019s computing and engineering programs with Johnson\u2019s culture of entrepreneurship, collaboration, and creativity to create an innovative accelerated MBA program.<\/p>\n

According to an article about the new program, students will be required to hold an undergraduate degree in computer science, engineering, mathematics, or another technical field, though exceptions will be made.<\/p>\n

The program will debut next summer and is expected to enroll between 35 and 50 students. The year will begin in the summer on Cornell\u2019s campus in Ithaca for a 10-week term that includes an orientation and core business courses, and that focuses on leadership training and professional development work.<\/p>\n

Students will then relocate to the Google headquarters in New York City (where Cornell Tech is currently based) for the fall and winter semesters. In 2017, the program will move to Cornell\u2019s future campus on Roosevelt Island (also in New York City).<\/p>\n

The curriculum for the remaining two semesters will be broken down into three categories: The foundations of business with tech emphasis, essentials of tech business, and performance learning.<\/p>\n

According to the P&Q<\/em> article, the program will cost about $95,000, almost $10,000 more than Cornell\u2019s existing one-year accelerated MBA program. The existing program, based in Ithaca, is for people with advanced degrees or relevant business certifications, like the CFA, CPA, or CA (in Europe and India).<\/p>\n

The Cornell Tech program is expected to grow in the coming years, enrolling hundreds of students per year.<\/p>\n

According to Associate Dean for MBA programs at Johnson, Doug Stayman (as quoted in P&Q<\/em>), \u201cWe visited tech companies in New York, Boston, San Francisco, San Diego, and Seattle. We talked to everyone from three-person startups to Intel. We asked, \u2018What industry needs are not being met well by the traditional MBA?\u2019 And then, we worked back from there on what would meet those needs.\u201d<\/p>\n

Some of his research provided answers to this question such as: less time taken off from the industry to pursue an MBA and younger, more tech- and digital-savvy, innovative businesspeople.<\/p>\n

The result of the market research completed by Stayman and his team is an MBA program that, as Stayman puts it \u201cis not just an MBA in New York\u2026[and] not just a tech MBA.\u201d Instead, he explains, it is a program that focuses on \u201chow technology is changing business.\u201d<\/p>\n

For more info, see the Degree Programs page<\/a> on the Cornell Tech site, the Poets & Quants<\/em> article, \u201cCornell\u2019s $95K One-Year MBA in New York<\/a>,\u201d and the Financial Times<\/em>\u2019 article, \u201cCornell Tech \u2013 technology and business in the heart of New York<\/a>.\u201d
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