Prospective2016 wrote:
Can someone briefly touch on this program, vs the full time?
Is it 1 year? If so, how does job placement work? Do you basically step on campus, start taking some tech related classes, and then google hires you? I imagine Pre-MBA experience is extremely important, if that is the case.
And how does it compare to the cornell standard MBA? Which is 2 years, in ithaca, big network, etc
Based on my research, below are my findings. Also, keep in mind that I'm not a student but I did do a lottt of research.
Cornell Tech is a 1 year program
-There are only a handful of prestigious 1 year programs out there including Kellogg, Cornell, INSEAD and LBS (both international)
Cornell Tech vs Cornell 2 Year vs Cornell 1 Year
-Cornell actually offers 3 different type of MBAS
-There are 2, 1 Year programs, 1 based in Ithaca and 1 Based in NYC (Cornell Tech)
Cornell Tech Advantages:
-Personally, coming from the West Coast, it's been one of my dreams to live in the Big Apple
-Living in a big city such as NYC allows you to recruit easier especially since companies are close by
--You won't need to book a last minute flight to meet up with a hiring manager
--In fact, Cornell Tech is in the same building as Google and Accel Partner (VC firm), so it would be extremely easy to go upstairs for an intro
-If you're interested in tech for roles such as Product Manager, Marketing, Biz Ops, there should be a competitive edge since recruiters will naturally assume that you have strong quant skills given the brand of the program
-Recruiting for Venture Capital will be possible as well
--Most of the visiting professors are high ups in strong VCs (check the website)
-Social Life: there are much more to do in NYC than the surburbs
--Although I have heard that schools in the surburbs party the hardest
-Cornell Tech students spend 25% of their time in Ithaca
--This is a great opportunity to see what life is like in Ithaca without having to live there for 2 years
--You can still build strong relationships with the other 2 year students
--There is also a summer trip where all Cornell students (Tech, 2 Year, 1 Year) go together
--Lastly, Cornell has a "Big Red Family" saying, Cornell alums help each other out with any type of affiliation
-Entrepreneurship
--If your goal is to one day create a company, there are a lot of valuable resources
--The program has opportunities for "Demo Day", which is when teams present their ideas to VCs
--This would be a rare opportunity to network with potential VCs
Cornell Tech Disadvantages:
-Because the program is tech focused, if your goal is to get into management consulting (McKinsey, BCG, Boston Consulting, etc), I think you're better off in a traditional 2 year program
-For consulting, I know they usually hire full times from interns
-If your goal is to get into investment banking (Goldman, Morgan Stanley, Lazard, etc), I think you're better off in a traditional 2 year program as well (same reasons as above for consulting)
-Hedge Fund/PE/Investment Management - getting any jobs in this function will require a lot of previous work experience and connections. You will need to have a background in hedge fund or PE to get in regardless of school. I would still recommend HBS, Wharton, Columbia, or a more finance focused school
-Internship
--I think having an internship will not be a make or break for most jobs (excluding the above consulting or investment banking)
--Because the curriculum is "Immersive", which means you work with companies directly, there is a good chance you already meet the important people for large companies such as Google, Linkedin, eBay, etc
--If you network hard enough, the project can be an "unofficial job interview" since you are doing direct projects for these companies
--If you are using the internship as a job switching opportunity, I think you can use the company challenge projects to fulfill that hole
-Class Trips - this was one of my concerns about the program since I plan to travel to as many unique weird places as possible
--Talking to one of the alums, there are many opportunities such as Winter Break, Spring Break, random holidays for the class to go on trips
--People also take a large trip together when the program ends
--There is also that Israel Trek (Israel has some great beach parties)
Overall, those are all the factors that I took into consideration as Pro's and Con's. If other people have feedback please comment and add to the list. Also, if you have other questions, please respond or send me a direct message. Hope this helps!