The One-Year MBA summer core curriculum is accelerated and rigorous. Class sessions and exam dates are mandatory, and you will often be required to attend a class session or take an examination on a weekend. Please carefully review the following information.
In addition to building foundational business acumen, the summer core curriculum serves as a live leadership laboratory. You’ll complete a 360 leadership assessment before you arrive in order to make the most of this opportunity to accelerate your growth as a team leader and member.
The Johnson 360 Leadership Assessment serves as the cornerstone for your leadership development, and is required before you begin classes. You will also need it for your Core Team Practicum course that begins in May.
The Survey Process
You’ll receive an email when the survey launches in mid-spring. You’ll need to fill out a self-assessment survey and select raters who can provide feedback about your leadership. The more raters you select, the more you’ll get out of the 360 experience.
Manager: Choose your current/most recent manager or supervisor.
People You Lead: Select any and all employees you supervise. If you don’t have anyone that fits this category, feel free to leave this section blank.
Peers: Select at least five (preferably more) professional peers who have observed your leadership and work.
Other Raters: Aim for five to ten people in this category. This is a “catch all” for anyone who isn’t your manager, person you lead, or professional peer. You can list clients, vendors or peers from volunteer work, sports teams, and other non-work commitments.
Other Managers: If you worked with other managers and would like to request their feedback, please include them here.
Core Course Exemptions
If you have a background in foundational business topics, we encourage you to consider exempting a core course. An exemption can free up time in your schedule, giving you more time for your other courses and recruiting.
Three of the core courses within the One-Year MBA curriculum are eligible for core exemption. Students who successfully exempt a course will not receive course credit, but their schedule is freed from that requirement.
Note about STEM Designation
Students interested in the Management Science (STEM-designated) MBA should note that all three of these core courses count toward the STEM degree designation. Exempting one (or more) of these courses means you will not be able to put that course’s credits toward your STEM degree and would need to add additional Management Science Elective courses to bring your total Management Science credits to 30.
One-Year MBA students take Financial Accounting in their summer core. Accounting is unique in that is the only core course in which there is more than one path to exemption:
Course Exemption Possibilities
If you are a CPA (or have passed the Financial Accounting and Reporting section of the CPA examination), CA, CMA, CFA (Level II or higher), or equivalent, you are automatically exempt from NCC 5000—you will not need to take the exemption exam. Please email a copy of your certificate or scores to the Johnson Registrar Office after April 1 to confirm your exemption.
The Accounting exemption exam is a problem-based exam similar to the NCC 5000 course exams. Only a passing, not perfect, performance is needed for exemption. The exemption exam will be held after Orientation in early summer.
How to Prepare
Review any modern Financial Accounting text, such as Financial Accounting by Libby, Libby and Hodge, published by McGraw-Hill. Download a sample exam (PDF) to practice for the exam.
One-Year MBA students take Managerial Finance during their summer core. The only way to gain exemption from NCC 5060 is to pass the exemption exam. The multiple-choice exam covers questions on capital budgeting, risk vs. return, and stock valuation. The exemption exam will be held after Orientation in early summer.
How to Prepare
Review the NCC 5060 course textbook: Corporate Finance (12th edition) by Ross, Westerfield, Jaffe, and Jordan chapters 4-11 and 13. Download the sample exam (PDF) to practice for the exam.
One-Year MBA students take Managing Operations in the first-half of their fall semester. The only way to gain exemption from NCC 5080 is to pass the exemption exam. The exam will include core course topics such as process analysis, queuing theory/service operations, Monte Carlo simulation, project and quality management, inventory theory, forecasting, linear programming, and basic supply chain management.
To be eligible to take the exemption exam, you must either have work experience in operations or have taken related coursework, in which case transcripts must be provided. You will also need permission from Professor Yao Cui via email prior to the exam. Provide a summary of your related experience and coursework, and he will notify you as to whether you have been approved to take the exam. Exemption exams will be held mid-summer; more information will be shared after Orientation.
How to Prepare
Review management textbooks such as Matching Supply and Demand, by Cachon and Terweish and Practical Management Science by Winston and Albright.
Recommended Reading for All Courses and Students
Any time you can invest in academic preparation before beginning your program will be invaluable as the summer core curriculum moves at a highly-accelerated pace.
Consider purchasing or renting Essentials of Accounting by Anthony and Breitner (Pearson, 11th Edition) to use as a course primer. This will not be your textbook, but past students who have used this to prepare have found it to be valuable.
Our Strategy faculty point to Competitive Strategy by Michael Porter as the best preparatory reading for the core course.
Your classes will often refer heavily to the daily business press, and you’ll be expected to keep up a working knowledge of major business events and activities. Once you have received and activated your Cornell NetID, you will be able to review the full text of many business publications through the Johnson Management Library. Stay up to date with business publications like Businessweek, the Wall Street Journal, and Financial Times.