Johnson (Cornell) Class of 2017 Calling all applicants

Round 2 Waitlist applicant. Received admission offer today! Asked if I was still interested in Johnson or if I had already made a decision to go to a different school. I said absolutely interested. So glad everything worked out.

Does anyone know the official start date (orientation) for school is? I haven't received the admission package yet.

wow, we are in the same boat! I am also a R2 wl applicant and just got off waitlist two days ago. I accept the offer although I paid deposit for another school. I believe the official start date for mandatory orientation is 2nd Aug, but the class start at mid aug

By Paul Lanzillotti, Amerasia Consulting Group
Today's blog post is going to be the first in a series that covers business school rankings. More specifically, it's Amerasia's attempt at ranking top MBA programs by industry and based on publicly available data. Our motivation for doing this is quite simple - business school rankings differ quite drastically from publication to publication. US News seems to be the most consistent and widely followed. After Businessweek ranked Fuqua at number one, they decided to change their methodology.  Whether the two are correlated is up for debate. John Byrne over at "Poets and Quants" covered the change quite extensively here.

Regardless, we've never felt completely comfortable with the rankings because (to our knowledge) the raw data that drives the rankings has never been fully disclosed. Yes, we do know that the methodology (ranking model) has been discussed on relevant websites, but it's a cursory explanation of the process in our opinion. Also our opinion - that the process is still very much a black box.  So we decided to start over and see what we could come up with.  Most importantly we started with the very numbers that the school's career centers are reporting via their respective employment reporting.

Our opinion is that recruiting (i.e. who's hiring) drives most programs "investment" decisions - in students, faculty, courses, experiential initiatives, alumni outreach, etc.  So to know to what a specific MBA program is really all about, you need to see the end result. In other words, what industries are hiring MBA graduates and from what schools?

Now before we get into the numbers, a few words of caution. What we have done is our first attempt at a numerically based ranking and its not perfect. It's based on our interpretation of the numbers put forth by top business schools. Let us explain. Most MBA career centers report employment numbers according to the categories that we use in our rankings. Some schools break "industry" categories into further sub-categories. Other programs - i.e. Michigan Ross - roll up their industry categories under more general headers like "manufacturing". So you could be a "marketing" professional but be within the manufacturing industry. To be forthright, it's a little confusing. (This is why we have decided to exclude Michigan Ross from some categories until we gather a little more insight into their self-reported numbers.)

None-the-less, we have tried to make sense of it all and to do this we did combine some categories in order to get an apples-to-apples comparison across schools. Clear as mud?  That being said, we welcome any constructive feedback you may have. Either post your comments below or email us at MBA@amerasiaconsulting.com.

Top MBA Programs in Finance (2015)
AKA THE RANKING OF BUSINESS SCHOOL PROGRAMS BY PERCENTAGE OF GRADUATES ENTERING THE FINANCE INDUSTRY IN 2014.
Our first ranking is "Finance" and Chicago Booth comes out on top.

[caption id="" align="alignnone" width="408"]
Top MBA Programs in Finance by Percentage of Graduates Entering the Industry (2015)[/caption]

 

Source Data:

We compiled this ranking based on information taken directly from the following MBA employment reports.
Haas

https://haas.berkeley.edu/groups/careercenter/reports/14-15ReportSummary.pdf

UCLA Anderson

https://www.anderson.ucla.edu/Documents/areas/adm/cmc/2014%20PARKER%20CMC%20Employment%20Report%2002.10.15%20LR.pdf

Stanford GSB
https://www.gsb.stanford.edu/sites/default/files/documents/Stanford%20GSB%20Employment%20Report%202013-14.pdf

MIT Sloan

https://mitsloan.mit.edu/pdf/Class_of_2014-intern_employment_report.pdf

HBS

https://www.hbs.edu/recruiting/mba/data-and-statistics/recruitingreport/

https://www.hbs.edu/recruiting/mba/data-and-statistics/employment-statistics.html

Wharton

https://www.wharton.upenn.edu/mba/your-career/career-statistics.cfm

Kellogg

https://www.kellogg.northwestern.edu/career_employer/employment_statistics.aspx

Chicago Booth

https://www.chicagobooth.edu/employmentreport/

Columbia

https://www8.gsb.columbia.edu/recruiters/employmentreport

NYU Stern
https://www.stern.nyu.edu/programs-admissions/full-time-mba/career/employment-statistics

Tuck

https://www.tuck.dartmouth.edu/careers/employment-statistics

Yale SOM

https://som.yale.edu/yale-som-connect/recruiting/employment-statistics

Michigan Ross

https://michiganross.umich.edu/our-community/recruiters

Duke Fuqua

https://www.fuqua.duke.edu/mba_recruiting/recruiting_duke/employment_statistics/

Cornell Johnson

https://www.johnson.cornell.edu/Career-Management/Employment-Report-for-Two-Year-MBAs

UVA Darden

https://www.darden.virginia.edu/recruiters-companies/hire-an-mba/employment-reports/

For international students, orientation starts last week of July. For non-Internationals 1st week of August.

By Paul Lanzillotti, Amerasia Consulting Group
OUR RANKING OF BUSINESS SCHOOL PROGRAMS BY PERCENTAGE OF GRADUATES ENTERING THE TECHNOLOGY INDUSTRY IN 2014.
Today's blog post is a follow up to our Top MBA Programs in Finance ranking. It's also our continued attempt at ranking top MBA programs by industry and based on publicly available data.

UC Berkeley Haas comes out on top when it comes to sending graduates (as a percentage of all graduates in 2014) back into the technology industry. UCLA Anderson is second, but it's not even close. Hands down, Haas is the place to be if you're into technology and want to work for a related firm in the industry.


BUYER BEWARE
Now before you get too far into interpreting the numbers, a few words of caution. What we have done is an inaugural attempt at a numerically based ranking and its not perfect. It's based on our interpretation of the numbers put forth by top business schools.

• Let us explain. Most MBA career centers report employment numbers according to the categories that we use in our rankings. Some schools break "industry" categories into further sub-categories. Other programs - i.e. Michigan Ross - roll up their industry categories under more general headers like "manufacturing". So you could be a "marketing" professional but be within the manufacturing industry. To be forthright, it's a little confusing. (This is why we have decided to exclude Michigan Ross from some categories until we gather a little more insight into their self-reported numbers.)

None-the-less, we have tried to make sense of it all and to do this we did combine some categories in order to get an apples-to-apples comparison across schools. Clear as mud?
WHY WE USE EMPLOYMENT DATA TO RANK SCHOOLS
Our opinion is that recruiting (i.e. who's hiring) drives most programs "investment" decisions - in students, faculty, courses, experiential initiatives, alumni outreach, etc.  So to know to what a specific MBA program is really all about, you need to see the end result. In other words, what industries are hiring MBA graduates and from what schools?

We compiled this ranking based on information taken directly from the following MBA employment reports.

Haas https://haas.berkeley.edu/groups/careercenter/reports/14-15ReportSummary.pdf

UCLA Anderson https://www.anderson.ucla.edu/Documents/areas/adm/cmc/2014%20PARKER%20CMC%20Employment%20Report%2002.10.15%20LR.pdf

Stanford GSB https://www.gsb.stanford.edu/sites/default/files/documents/Stanford%20GSB%20Employment%20Report%202013-14.pdf

MIT Sloan https://mitsloan.mit.edu/pdf/Class_of_2014-intern_employment_report.pdf

HBS https://www.hbs.edu/recruiting/mba/data-and-statistics/employment-statistics.html

Wharton https://www.wharton.upenn.edu/mba/your-career/career-statistics.cfm

Kellogg https://www.kellogg.northwestern.edu/career_employer/employment_statistics.aspx

Chicago Booth https://www.chicagobooth.edu/employmentreport/

Columbia https://www8.gsb.columbia.edu/recruiters/employmentreport

NYU Stern https://www.stern.nyu.edu/programs-admissions/full-time-mba/career/employment-statistics

Tuck https://www.tuck.dartmouth.edu/careers/employment-statistics

Yale SOM https://som.yale.edu/yale-som-connect/recruiting/employment-statistics

Michigan Ross https://michiganross.umich.edu/our-community/recruiters

Duke Fuqua https://www.fuqua.duke.edu/mba_recruiting/recruiting_duke/employment_statistics/

Cornell Johnson https://www.johnson.cornell.edu/Career-Management/Employment-Report-for-Two-Year-MBAs

UVA Darden https://www.darden.virginia.edu/recruiters-companies/hire-an-mba/employment-reports/
FINALLY, DOES THE WORLD REALLY NEED ANOTHER BUSINESS SCHOOL RANKING?
We think "yes". We've never felt completely comfortable with the rankings because (to our knowledge) the raw data that drives the US News and Businessweek rankings has never been fully disclosed. So we decided to start over and with the very numbers that the school's career centers are reporting via their respective employment reporting.

That being said, we welcome any constructive feedback you may have. Email us at MBA@amerasiaconsulting.com with comments or if you're looking for an expert admissions consultant to lead you through the application process.

Just got accepted after being on waitlist!
So incredibly happy!!

Hi All,

Round 3 admit here.. I will be accepting and making my deposit soon

A few questions I was hoping someone deeper in the process could answer:
1) I see there is a Facebook page for admits -- are most people using that for roommate finding or is there other / better source?
2) Background check -- how long does that take? I've done ones for employment that took a day. I don't foresee any issues but would like to know the results ASAP since I'll be declining other school's offers. Also, are recommenders contacted.. should I give them a heads up?
3) Student loans -- I'll need to fund a portion of costs with loans. Does the school walk you through anything or once you accept you just start making your own arrangements? I've never done anything with student loans before.. can I start applying for federal loans before I even accept a school offer?

Thanks,

Congrats to you and all of the other admits here!

To answer your questions:
1) Some people have been using the facebook page. Others found roommates at DJ. FYI, there's also a https://gmatclub.com/chat group that a lot of people are on. I think Rigils may be the admin, but check the admit thread. I'm sure there's a lot of people still looking for roommates.
2) From my understanding the background check can take up to a few weeks. I don't know why you would hold off declining other offers before getting the results back because they'll likely ask for background checks as well and if there's anything wrong there will likely be problems there as well. Anyways, it sounds like you have nothing to worry about and I wouldn't worry. It's just another thing to do before starting.
3) I just found all the information I needed for loans here: https://www.johnson.cornell.edu/New-Students/Two-Year-MBA/Financial-Planning. If you are looking for federal aid, you need to complete a FAFSA and the Johnson financial aid application form. I'd do that soon because I think the financial aid office has a deadline coming up in June. There's also alternative loan opportunities for MBA's now including CommonBond, SoFi, and M7 financial. Check them out. They actually have some decent interest rates compared to the ones offered by the Direct PLUS program. And yes you can start the FAFSA before accepting the offer, and start loan applications at some of the alternative lenders however they do ask for school verification before they finalize. It's probably a good idea to accept before starting the loan process.

Thanks for the heads-up I will check into pending loan deadlines.

Round 1 waitlisted without interview.
I have drained away all hope.

Johnson Cornell MBA Admissions Team Advices Indian Applicants on the MBA Application process

GyanOne interviewed Christine E. Sneva, Executive Director, Johnson Cornell MBA admissions, to help Indian applicants from the consulting and IT backgrounds understand the Johnson Cornell MBA application process better.

GyanOne: The Cornell MBA has fast been gaining a reputation as the program of choice for applicants looking at careers in Consulting. The Consulting Program at Johnson is the only offering of its kind among top schools, after all. Yet, many applicants who wish to get into consulting come from backgrounds in manufacturing, IT, operations, and marketing. How can applicants best prepare themselves in their applications when showcasing a career switch to consulting?

Christine: I am glad to hear about your enthusiasm for our approach to preparing our students for consulting careers. The consulting focus at Johnson is a comprehensive, structured program that we refer to as the “Consulting Passport.” Our students gain a better understanding of careers in consulting, extensive case interview preparation and we are dedicated to helping our students develop the skills and knowledge necessary for a successful transition or continuation in consulting. For those that wish to be successful at such a career switch and therefore in the admissions process, we hope you are able to exhibit the same qualities that employers in this industry are looking to see from the training in our MBA program. *Characteristics include: ability to work on a team, track record of success and initiative, and good business acumen.

Johnson Cornell MBA Admissions Team's Interview with GyanOne

I'm a late admit. Does anyone know when the deadline is to obtain federal loans from Johnson?

The website is not overly clear, but here are some important dates and contacts for financial aid:

https://www.johnson.cornell.edu/New-Students/Two-Year-MBA/Financial-Planning/Important-Contacts-and-Dates

Regarding the "scholarship waitlist"... I'm a recent Johnson grad and if you want to get off the "scholarship waitlist" you need to call the school asap and tell them you have an offer at another program and will take it unless they give you money.

It's the same trick the school uses for the Park Program, tell AdCom Johnson is your no 1 choice and you have no chance of a Park, tell them you won't go there unless you get a Park and you have a shot.

Is this ethical? Not really, money should be given to those who deserve it....BUT is this the way it's done at Johnson? Totally. Students tend to figure this out once they start the program, not getting money tends to leave many feeling shunned, esp when money is given to many who don't deserve it.....

I got admitted Friday! Now to decide between Indiana Kelley and Cornell Johnson for Tech Marketing.

Kelley is great, but should be an easy choice, no?

In terms of pure academics of course. Although I don't particularly know much about Cornell's marketing program.

I guess it's more of a cost, location, family members near by, closer to my girlfriend, etc type thing.

Objectively Cornell is the better option and I am pushing myself to trust that it's going to be the better option down the road