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Exploring Cornell MBA Program for 2023

Updated: Feb 7


Cornell MBA Deadline


20 September 2023

10 January 2024

10 April 2024


Cornell MBA consistently high ranking among US business schools and recognition in the business community reflects its top-tier status. In this blog post, we answer some common questions about Johnson's full-time MBA program, including its reputation, admission requirements, and program details.


Is Johnson a good MBA?


The Johnson School is considered a very good choice for MBA studies, thanks to its reputation for preparing students for successful careers in business and management. Its faculty is known for its expertise in a range of fields, including finance, marketing, strategy, and operations, and the school has a strong focus on experiential learning through internships, consulting projects, and other hands-on opportunities.


Is Cornell MBA top tier?


Cornell MBA consistently high rankings among US business schools and notable reputation within the business community are a testament to its top-tier status. According to the 2021 rankings from U.S. News & World Report, the Johnson School is ranked 17th among all full-time MBA programs in the United States. It is also ranked highly in a number of specialized rankings, including 10th in entrepreneurship, 11th in finance, and 14th in marketing.


Is Cornell MBA Ivy League?


Certainly, Cornell University is a member of the Ivy League, and its Samuel Curtis Johnson Graduate School of Management is a constituent academic unit. The Ivy League denotes a collective of eight renowned universities located in the northeastern United States, celebrated for their academic distinction and formidable athletic programs.


You can also read about the Wharton MBA programs.


What GPA do you need to get into Cornell MBA?


While the school does not publish specific GPA requirements, it generally looks for applicants with strong grades from a reputable undergraduate institution. According to the Johnson School's website, the average GPA for incoming students in the full-time MBA program is 3.5 on a 4.0 scale. However, grades are just one factor that the school considers in the admissions process, and the school also looks at other factors such as work experience, GMAT or GRE scores, essays, recommendations, and interviews.


Full-time Two Year Cornell MBA Class of 2024 Profile

  1. Students Enrolled: 303

  2. Median GMAT: 710

  3. Median GPA: 3.30

  4. Average Age: 29 Years

  5. Average Full Time Work Experience: 5.5 Years

  6. Women: 39%

  7. Under-Represented Minorities: 16%

  8. Countries Represented: 43

  9. International Origin: 43%

  10. US Military: 13%

  11. Electives: 4000+


Cornell MBA Fees 2023:

First Year Cost

Tuition: $76,690

Mandatory Fees: $2,019

Housing & Food: $20,016

Books & Supplies: $1,100

Health Insurance: $3,311

Personal/Transportation: $4,486

Total: $107,622


  1. Cornell MBA program is a 2-year, on-campus program with experiential learning opportunities.

  2. The Cornell MBA program is designed for career switchers and enhancers and awards an MBA degree from Cornell upon completion.

  3. The academic curriculum spans across four semesters, complemented by a summer internship opportunity between the initial and subsequent years.

The INSEAD MBA is another leading world ranked MBA program to consider.


Employment Statistics for Cornell MBA:


Average Base Salary: $155,048

Increase in Average Base Salary: 11%

US Work Authorized Graduates Average Base Salary: $154,853

Non-US Work Authorized Graduates Average Base Salary: $155,427


Employment by Industry for Cornell MBA:

  1. Financial services: 39%

  2. Consulting: 30%

  3. Technology: 15%

  4. Consumer products: 5%

  5. Manufacturing: 3%

  6. Law/Legal Services: 1%

  7. Other: 7%


Average Base Salary by Industry

Financial services: $161,563

Consulting: $167,648

Technology: $137,274

Consumer products: $119,682

Manufacturing: $131,125

Law/Legal Services: $211,667


Median Base Salary by Industry

Financial services: $175,000

Consulting: $175,000

Technology: $135,000

Consumer products: $120,000

Manufacturing: $135,000

Law/Legal Services: $215,000


Employment by Location at Cornell MBA


International

North America: 96%

Asia, Central America and the Caribbean, European Free Trade Zone: 4%

US Region

Northeast: 50%

West: 16%

Midwest: 10%

Mid-Atlantic: 6%

Southwest: 6%

South: 2%


Average Base Salary by Location


International

North America: $157,400

Asia, Central America and the Caribbean, European Free Trade Zone: $114,450


US Region

Northeast: $159,670

West: $147,649

Midwest: $162,318

Mid-Atlantic: $157,875

Southwest: $157,875

South: $149,167


Employment by Job Function

  1. Consulting: 33%

  2. Investment Banking: 26%

  3. Finance: 14%

  4. Marketing: 12%

  5. Management: 10%

  6. Other: 5%


Average Base Salary by Job Function

  1. Consulting: $164,793

  2. Investment Banking: $174,921

  3. Finance: $127,718

  4. Marketing: $131,470

  5. Management: $130,930

  6. Other: $182,000


Median Base Salary by Job Function

  1. Consulting: $175,000

  2. Investment Banking: $175,000

  3. Finance: $125,000

  4. Marketing: $131,000

  5. Management: $133,000

  6. Other: $184,500


Top Hiring Companies at Cornell MBA:

  1. Amazon

  2. Brain & Company

  3. Bank of America

  4. BCG

  5. Citi

  6. Corning



Internship Data for Cornell MBA Students:

  1. Total Students in Class of 2022: 284

  2. Seeking Internship for the summer of 2021: 272

  3. Graduates Accepted Offers to Complete an Internship: 99%

  4. Average Monthly Salary: $9,712

  5. Average Monthly Salary of US Work Authorized: $10,079

  6. Average Monthly Salary of Non-US Work Authorized: $8,930


Internship by Industry

  1. Financial services: 34%

  2. Consulting: 24%

  3. Technology: 20%

  4. Consumer products: 6%

  5. Manufacturing: 5%

  6. Healthcare: 4%

  7. Law/Legal: 2%

  8. Other: 6%


Average Monthly Salary by Industry


  1. Financial services: $10,974

  2. Consulting: $11,638

  3. Technology: $7,933

  4. Consumer products: $7,716

  5. Manufacturing: $7,019

  6. Healthcare: $6,780

  7. Law/Legal: $10,708


Median Monthly Salary by Industry at Cornell Johnson:

  1. Financial services: $12,500

  2. Consulting: $12,500

  3. Technology: $8,500

  4. Consumer products: $7,616

  5. Manufacturing: $7,950

  6. Healthcare: $6,933

  7. Law/Legal: $11,050

  8. Other: N/A


Internship by Job Function at Cornell MBA:

  1. Consulting: 29%

  2. Investment Banking: 24%

  3. Management: 18%

  4. Finance: 14%

  5. Marketing: 8%

  6. Operations/Logistics: 4%

  7. Other: 2%

  8. Information/Technology: 1%


Average Monthly Salary by Job Function at Cornell MBA:


  1. Consulting: $10,766

  2. Investment Banking: $11,874

  3. Management: $7,670

  4. Finance: $8,188

  5. Marketing: $7,468

  6. Operations/Logistics: $8,667

  7. Other: $9,653

  8. Information/Technology: $8,084


Median Monthly Salary by Job Function for Cornell MBA:

  1. Consulting: $12,133

  2. Investment Banking: $12,500

  3. Management: $8,100

  4. Finance: $8,667

  5. Marketing: $7,708

  6. Operations/Logistics: $8,750

  7. Other: $7,543

  8. Information/Technology: $7,973


Internship Location for Cornell MBA:

  1. Northeast: 53%

  2. West: 18%

  3. Midwest: 8%

  4. Mid-Atlantic: 5%

  5. Southwest: 4%

  6. South: 3%

  7. International: 9%


Average Monthly Salary by Location for Cornell MBA:


  1. Northeast: $10,176

  2. West: $8,860

  3. Midwest: $10,084

  4. Mid-Atlantic: $11,183

  5. Southwest: $10,339

  6. South: $10,227

  7. International: $8,221


Median Monthly Salary by Location for Cornell MBA:

  1. Northeast: $10,800

  2. West: $8,800

  3. Midwest: $9,050

  4. Mid-Atlantic: $13,000

  5. Southwest: $9,750

  6. South: $10,417

  7. International: $8,100


Top 5 Internship Companies at Cornell MBA:

  1. Amazon

  2. Brain & Company

  3. Bank of America

  4. BCG

  5. Citi


The Cornell MBA course material is conveyed through an amalgamation of teaching methods, comprising of lectures, case studies, simulations, collaborative projects, and practical exercises. If you're interested in applying to Johnson's full-time MBA program, the application process includes submitting an online application, resume, list of activities, and goal statement and essay. The admission process includes an initial notification for an interview, an admission interview, and a final notification for admission or rejection.


Overall, the Johnson School's full-time MBA program is a great choice for students who are looking for a top-tier business education with a strong focus on experiential learning and hands-on opportunities.


Reach out to an MBA admission consultant at GOALisB for MBA essay editing help or comprehensive MBA admissions consulting.

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