Archives
January 2007
Director's Message: Making a Difference!
Since my last message, students, alumni, and the larger Johnson School community have been engaged in some exciting alumni affairs activities, demonstrating that our leaders are making a difference. [more]
Numbers Foretell Strong Class of 2009
Targeted recruiting and countless hours on the road are paying off for the Johnson School. As round 3 closed in mid-January, the number of applications for the two-year and one-year MBA programs was up almost 13 percent, to 2,024 from 1,797 for all of last year. Growth in the number of applications is even more dramatic for the school's traditional two-year program, with a 15 percent increase at the close of round 3, to 1,936 applications.
"We have good numbers and a strong application pool, so far," says Randall Sawyer, director of admissions. "This result is part of a strategic effort that involves nearly every department within the school."
As of January 16, 113 incoming MBA students had made deposits to hold their places in the class of 2009. This group boasts a median GMAT score of 700, and an average undergraduate GPA of 3.35, Sawyer says.
Applications for the Accelerated MBA, formerly the Twelve-Month Option, are down about 11 percent from 2006, at 88 as of January 16. Sawyer expects that number to increase to last year's level in the final round of applications. For the 14 incoming Accelerated MBA students who have made deposits, median GMAT score is 710, and average undergraduate GPA is 3.57.
Stay tuned for admissions round 4. We'll have final application numbers in March, and a good read on the incoming classes of two-year and Accelerated students in May.
Save the date for Reunion 2007
June 7-10, 2007
Calling all Johnson School alumni from the classes of 1952, 1957, 1962, 1967, 1972, 1977, 1982, 1987, 1992, 1997, and 2002! This year's program will include a mix of social events, educational programs, tours, and plenty of fun for all – including kids! Highlights include a welcome reception at the home of Associate Dean Joe Thomas, presentations by alumni and faculty, golf tournament, annual barbecue, and the acclaimed Faculty Follies. Mark you calendars now so you don't miss this exciting opportunity to catch up with classmates and friends! More details to come. For questions, please contact alumni@johnson.cornell.edu.
University forms Diversity Council
Over the past year, Cornell has stressed its commitment to creating and sustaining a Cornell community that nurtures, enriches, and challenges all of its members; a community where all members achieve to their full potential. As the next step in this emerging diversity initiative, President David J. Skorton and Provost Biddy Martin have formed, and are co-chairing, a new University Diversity Council. We encourage you to read about this new initiative.
"This is a great example of how Cornell continues to strengthen and deepen its commitment to diversity and inclusion," says Deniqua Crichlow, director of the Johnson School's Office of Diversity and Inclusion. "I am particularly excited about the community outreach component of this newly formed council. The opportunity for the public to stay informed about the working group's progress and to submit topics to the group is a model that will support Johnson School diversity initiatives, as well as serve the entire campus community."
Career service for Ivy League executives
Do you need to achieve a better work-life balance? Ivy Exec is an online job database that focuses exclusively on flexible positions and opportunities for professionals who are reentering the workforce. It is developing resources that provide highly qualified professionals opportunities to achieve a true work-life balance. Top-tier companies are posting on Ivy Exec: investment banks, consulting firms, and other Fortune 500 companies. Only alumni who hold a graduate degree from one of the top-15 universities in the country are eligible to join Ivy Exec. During the month of January, Ivy Exec will be sourcing resumes, and the company is inviting all Johnson School professionals to join for free. For more information, please go to the Ivy Exec web site.
Also, a reminder that the Johnson School hired Lynne Allen as a career advisor to assist you one-on-one with career concerns. Lynne advises alumni and EMBA students and resides in New York City. See more information about the Johnson School's career advisor.
GLG launches its new 'alpha capture' fund
Financial Times – December 9, 2006
One of London's biggest hedge fund managers has opened a fund seeking to profit from broker recommendations. The article includes research by Professor Roni Michaely, who found that following buy and sell signals from analysts who also change their earnings forecasts generates higher returns than those recommendations not supported by forecasts.
FBR Announces Additions to Diversified Industrials Group
Forbes.com – December 6, 2006
Friedman, Billings, Ramsey and Co. announced that Michael E. Hoffman, MBA '87, managing director, has joined its Diversified Industrials Group in Investment Banking. Hoffman was most recently managing director and group head of the Diversified Industrials Group, responsible for leading what the company believes to be the most comprehensive defense, government IT, and homeland security coverage in the industry.
Love and Marriage, Economist-Style
New York Times – December 21, 2006
Professor Robert Frank's New York Times article was the topic of Andrew Sorkin's DealBook blog, reiterating Frank's suggestion that couples stay focused on the romantic side of things, rather than looking at marriage in terms of a cost-benefit analysis.
See more news hits that feature our faculty, alumni, and students.
Events
View the online alumni events calendar to check out the latest offerings in your area. It's a great way to keep in touch!
