Cornell-Queens Executive MBA

Discussion in 'General Distance Learning Discussions' started by Hortonka, Mar 21, 2008.

  1. Hortonka

    Hortonka New Member

    Has anyone heard of this program before?

    Here are some of the details about the program:

    "The Johnson School and Queen's School of Business, two of North America's premier business schools, bring you one of the most innovative Executive MBA programs in the world.

    The Cornell-Queen's Executive MBA Program allows you to earn two of the world's most highly ranked MBA degrees in just 17 months without interrupting your career."

    Looks very interesting I haven't had the time to research further into this program however someone wanting a two MBA's even EMBA from a Ivy League school via Distance-learning this could be an attractive option.
  2. Daniel Luechtefeld

    Daniel Luechtefeld New Member

    I posted about this months ago. Another poster followed up with the tuition: $93,000.
  3. Hortonka

    Hortonka New Member

    OUCH! I know both are very schools but that is steep even for two EMBA's
  4. rtongue

    rtongue New Member

    Relative to other top 20 EMBA’s, $ 93,000 is not bad. For example, The Kellogg School of Business’s program is $135,000. While not an EMBA, the Kelly School of Business has an attractive online program with tuition of approximately $48, 000. Also, unlike EMBA programs you can take up to five years to complete the program thus reducing your yearly outlay. This may be big plus if your employer reimburses for tuition but has a yearly cap.
  5. pugbelly

    pugbelly New Member

    I am of the opinion that $93k on any online program is a waste of money. I just don't see the bang for your buck. A top tier eMBA is not going to be worth anymore in the private sector than a generic eMBA, or the MBA. The only real exception might be some high profile Fortune 500 companies, maybe even Fortune 100, and at that level the "online" factor is going to hurt you. If I was going to spend anywhere near $90k for a grad degree it would be at a top school, on campus, in the classroom. If an employer cares where you earned your degree, the list of top schools that he/she is looking at is not going to be the list of top online schools, it's going to be the list of top grad programs overall, probably the one published by U.S. News and World Report. Cornell-Johnson ranks number 14 on that list, Cornell-Queens didn't make the list.

    I'd either go affordable/online or I'd find the best MBA program in your local area and I'd attend it on a part-time basis. For example, I live in Maryland. The University of Maryland's business school is ranked 25 in the nation by US News, #11 in the nation for part-time MBA programs. The tuition? Less than half of the Cornell-Queens online eMBA and the bang I'd get from the UM degree, particularly because the degree would have been earned in the classroom, would far surpass the Cornell-Queens eMBA.

    Again, my opinion.

  6. GeneralSnus

    GeneralSnus Member

    My understanding is that the $93,000 gets you an MBA from Cornell (Johnson) and another one from Queens, not a sole joint degree. It's also not an online program. The program requires on-campus residencies, as well as thrice-monthly Saturday meetings at one of seven U.S. locations.
  7. rtongue

    rtongue New Member

    I was simply stating that the price was not bad relative to other top EMBA programs. I don’t care if US News does not specifically list the Cornell-Queens EMBA. Any MBA from Cornell is elite in my book. Whether it is a good investment depends on the individual and their situation. If I did not already have an MBA and my employer paid for a significant portion of the tuition, I would definitely consider an EMBA, Recruiters usually rate the EMBA below full time programs but above part time and online programs. You make an excellent point about the classroom experience. Most EMBA’s have regular residences that most likely provide a better educational experience and networking opportunities over online programs.
  8. Blondebaerde

    Blondebaerde New Member

    Gravedigging this thread with a few comments about the Cornell-Queen’s Executive MBA program. I am in Class of 2009. We will be course-complete shortly, with degrees officially conferred May of 2009. I’ll try to remain objective in my comments; I’m not shilling for the program. Pardon the long post.

    Costs listed elsewhere in the thread were for Class of 2009, might want to look online if they’ve raised fees for Class of 2010. The latter is now in-progress. Class of 2011 will commence c. July 1, 2009.

    As mentioned by another poster, degrees awarded are actual MBAs from both Cornell University (Johnson School of Business) and Queen’s University (Queen’s School of Business). This might address any perceived stigma associated with “EXMBA” vs. full-time: identical, in this case.

    Considering two full MBAs are awarded, the program is a bargain in my opinion. You’ll work hard, and they ask a lot of students in a short amount of time.

    Admissions process is straightforward. Program staff are helpful and courteous in pre-evaluating your credentials. As I recall there are online tools to gauge your preparedness for the program. Everything is clearly listed on the website.

    The program is lock-step (no electives). I personally feel this is a disadvantage vs. more-traditional MBAs, though knew it going in. Since you’re working in boardroom teams, with all students attending every lecture by videoconference (when not at residential sessions) everyone progresses at the same rate, same classes.

    Class of 2009 has boardroom teams from Portland to Vancouver, then east across the U.S. and Canada. There are about eighty-eight students, approximately eleven boardroom teams. The latest class covers more cities, with more students. I know for sure they’ve expanded to Atlanta and several Texas cities.

    Details of the learning process, and schedule, may be found in the excellent online portal. Yes, there are onsite sessions in Ithaca NY, Kingston (Ontario), and near NY City (IBM Palisades). We were told Class of 2010 will not utilize Palisades, instead substituting an additional session in Ithaca and/or Kingston. There is also a global business project, with travel outside North America. Specific location is determined by each boardroom team.

    The learning process is intense, but fulfilling. It’s been a very busy sixteen months, with a big push through the end. They pace the work well though the curriculum balancing is a work-in-progress. Managing a career, family, and the program is a real challenge. That’s what executive management is all about, however. The flip side is it’s over in 17 months: personally, I wouldn’t succeed in a program longer than about two years, too much of life is put on hold. Another poster mentioned up to five years to complete a program? I’d go nuts!

    Is it “worth it?” A difficult question, though the statistics indicate most students emerge with significantly improved career prospects, and this is the step they need into executive management. Many go into finance, a field recently taking a hard hit on the chin (I am not a finance person). This program touts the “global business” aspect as a differentiator, vs. more regional programs.

    Cornell MBA programs are usually listed top-15; Queen’s, top-25 (depending on the survey). They are tough about maintaining those high ratings, taking “excellence in academics” quite seriously.

    My opinion is learning in classrooms, on-site, via the more-traditional MBA model would be more fulfilling vs. distance learning. The video conferencing works well, with minor glitches, but it isn’t quite the same. They do accomplish quite a bit in the residential sessions, to maintain camaraderie as a class, and each residential session sort of sets the pace/ tone for the following months.

    The teamwork aspect is a significant part of the learning process, more so than I anticipated. My observation is students comfortable working in high-performance teams before the program adjust better. The program provides great tools to bring everyone up to speed, however.

    Personally, in all probability I will shortly have a job offer on the table that isn’t “directly” tied to output of the program, but my new skills surely helped the interview process and built-up the resume. It will surely help my upward progress in this company or similar. I wouldn’t have sought out this job if it wasn’t for the program: this led to that which led to an offer. So it goes with networking…

    Speaking-of, networking with peers in the program should not be underestimated as a value-proposition. They indicated in one of the first classes, first residential session, most of us will be general manager or above level within about seven years of graduation. Most jobs at that level aren’t found on Monster, so to speak, but rather via who you know. Do the degrees “help” this process: my view is yes, it is amazing what we’ve learned.

    I can’t comment if this program is objectively “better” or “worse” than other top programs with similar format, that’s another thread for another day. This program worked for me, in my city, as by-far the best option for prospective students already mid-career. If you can take a few years off for HBS or Wharton, by all means go for it. Tack on a significant lost salary and opportunity cost of capital, if proceeding this way however.

    This particular program is for students at a specific place in their career who want “the best.” Carefully consider where you are, and where you want to be seventeen months after starting and beyond. Life has a way of not allowing us even seventeen months of stability, between various life events (family, career, unexpected misc. like an implosion of the financial system).
  9. rtongue

    rtongue New Member

    Wharton also has an Executive MBA. However, the cost is $150,870.
  10. Kizmet

    Kizmet Moderator

    I'm not a hardcore business nut so I see no reason for earning two MBAs. I'm sure it can be rationalized but I don't have 100K to drop. Also, blondebaerde would do well to provide a link to those "statistics" if she actually wants people to pay attention to the claim. I'm sure blondebaerde will be making more money than me in the very near future (if she's not already).
  11. inthaloop

    inthaloop New Member

    I am a hiring manager and in my opinion Pugbelly, you are wrong. A top tier program is more valuable than a second tier program. A top tier program delivered in an executive format will still be viewed as more valuable to a hiring manager than a full time second tier program. Assuming they do well, that candidate will have proved they could juggle multiple responsibilties of work and study. Additionally, their career will not have been put on hold while they attain their degree.

    By the way, the Cornell-Queens Executive MBA is an executive format with a video conferncing technology component, not an online program. Cornell ranked #11 and Queens #1 non-U.S. program three years in a row in Businessweek.

    Is it worth the money? Only you can decide. If you can make an extra $20,000/year after graduation you will get a return on your investment in 5 years. That does not seem unrealistic.
  12. -kevin-

    -kevin- Resident Redneck

    is it worth the money?

    make sure to click on the "that" in the second sentence.

    starting salaries:

    I have friend with a Northwestern MBA. He came from modest means and the degree really helped him. I think I'm the only dummy at my work with an MBA, most have JDs or engineering degrees (I guess I'm the mascot).

    Back to the original question.
  13. -kevin-

    -kevin- Resident Redneck

    It is unrealistic.
  14. lallyschool

    lallyschool member

    The Fast Track Executive MBA (EMBA): Invest in your future


    The Rensselaer MBA Program builds upon a tradition of excellence that positions our graduates to lead into futures not yet imagined.Rensselaer’s business school, the Lally School of Management & Technology, creates an experimental learning environment that challenges the highest quality students who have a passion for change and a curiosity for learning.

    Rensselaer knows your time is important, the Lally School of Management & Technology offers the Fast Track EMBA program. This executive MBA is delivered in a condensed 17-month format with cohorts beginning in August and January. This format allows you to start the program in August and complete your degree in December, or in January to complete your degree in May. The condensed, flexible schedule is designed to reflect today’s business world: challenging, flexible and integrated. The curriculum of the program contains high-quality content delivered by Rensselaer’s world-class faculty and executives who bring real-life experience to the classroom. This learning opportunity will leverage your years of work experience, to create a knowledge-base that is unique to you and your industry.

    Last edited by a moderator: Mar 13, 2018

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