Jones Graduate School Of Business Alumni Association
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The Cornell Johnson Graduate School of Management is the graduate business school of Cornell University, a private Ivy League research university in Ithaca, New York. Established in 1946, Johnson is one of six Ivy League business schools and offers the smallest full‑time MBA cohort of all Ivy League MBA programs, fostering an intimate and collaborative academic environment while also maintaining the third lowest acceptance rate. The Cornell Master of Business Administration (MBA) also offers a one-year Tech MBA at Cornell Tech in New York City, as well as the Cornell 1+1 MBA program, combining one year in Ithaca with one year at Cornell Tech. In 1984, Samuel Curtis Johnson Jr. and his family donated $20 million to the school, and in 2017 Herbert Fisk Johnson donated $150 million, the third largest gift to a business school in history. The endowment gift resulted in the school's renaming in honor of Johnson’s grandfather, Samuel Curtis Johnson, Sr., the founder of S.C. Johnson. Cornell University’s MBA program at the Cornell SC Johnson College of Business consistently ranks among the top 10 MBA programs in the United States based on average total starting salary. Graduates of the Cornell MBA earned a median first-year salary of $175,000, in addition to a signing bonus of $38,826, with 77.9% reporting a sign-on bonus— ranking as the second highest total compensation among MBA programs in the United States in 2023. With more than 70% of graduates receiving a sign-on bonus on average, the Cornell SC Johnson College of Business consistently ranks among the top 10 business schools in the United States based on average total starting salary and job offer success rate prior to graduation. Johnson is known for its elite consulting placements, strong finance and investment banking placements, One-Year Tech MBA in New York City, immersion learning, and tight-knit cohorts. Cornell Johnson is especially recognized for its collaborative community and strong alumni ties across industries. With an acceptance rate of 27.1%, the Cornell University MBA is the seventh most selective business school in the United States, and one of the most selective business schools in the world. The Johnson School is housed in Sage Hall and supports more than 80 full-time faculty members. There are 600 students in the full-time, two-year Master of Business Administration program in Ithaca, as well as 40 Ph.D. students, all advised by Johnson faculty. The Johnson School is known for its rural setting and small class size — with close proximity to New York City. As such, both factors, combined with Johnson's commitment to the two-year MBA program in Ithaca and one-year MBA at Cornell Tech, contribute to its high giving rate of 1 in 4 among the 15,000 global Cornell MBA alumni, the third highest alumni giving rate of all Ivy League business schools. In 2017, Cornell University officially consolidated its two undergraduate business programs— the Dyson School of Applied Economics and Management and the Nolan School of Hotel Administration — into the Cornell Johnson Graduate School of Management, forming the Cornell SC Johnson College of Business. The merger followed a $150 million donation from Herbert Fisk Johnson III, chairman and CEO of S.C. Johnson, accompanied by a 3:1 matching grant for a total contribution of $300 million to Cornell Johnson. Upon capitalization, this donation will raise Cornell Johnson's endowment to $692 million, ranking the Cornell MBA third in endowment per student within the Ivy League, and seventh in the world.
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The Association to Advance Collegiate Schools of Business, also known as AACSB International, is an American professional organization. It was founded in 1916 to provide accreditation to business schools.
Not all AACSB members are accredited and AACSB does not accredit for-profit schools.
On average, AACSB observes that schools take between four and five years to earn AACSB Accreditation.
The amount of time it will take a school to earn accreditation depends largely on how closely aligned they are with AACSB standards when they apply for eligibility.
The AACSB withdrew recognition by the Council for Higher Education Accreditation in 2016. This is because the AACSB now holds international recognition by the ISO.
History
The American Assembly of Collegiate Schools of Business was founded as an accrediting body in 1916 by a group of seventeen American universities and colleges.
The first accreditations took place in 1919.
For many years, the association accredited only American business schools.
But in the latter part of the twentieth century it advocated a more international approach to business education.
The first school it accredited outside the United States was the University of Alberta in 1968, and the first outside North America was the French business school ESSEC, in 1997.
Robert S. Sullivan, dean of Rady School of Management, became chair of the association in 2013.
The organization is currently led by CEO and President Tom Robinson, who came to AACSB from the CFA Institute, a global association for investment management professionals;
its board is chaired by John A. Elliott, former dean of the University of Connecticut School of Business.
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