<p>I’ll preface my remarks by saying that I don’t think highly of undergraduate business programs in general, nor do I think that there should be a place for an undergraduate business program on Cornell’s campus. And even if I was to concede that there should be, it shouldn’t be located in a department that has traditionally been strong in agricultural and resource economics. Instead, it should be associated with the Johnson School and possibly the Hotel School.</p>
<p>I should also say that it’s my opinion that AEM was never a top ten program – obviously others will differ. It’s their opinion.</p>
<p>And I’ll also add that when I was a student at Cornell in the earlier part of this decade, AEM was really seen as a joke of a major. The classes were ridiculously easy, the students were notoriously regarded as the least-serious students on campus, and the professors were known to be hit or miss. This has probably changed somewhat since I graduated. </p>
<p>So I’m a bit biased. But at the same time, I think you know I am a big proponent of Cornell and the education and social environment that it offers it students. So being a somewhat lukewarm business program at a fantastic University that is a great place for a student who is interested in business isn’t the worst thing in the world.</p>
<p>But I would say three things warrant the fact that it isn’t a top ten undergraduate business school:</p>
<p>1) It’s recently accredited and it is very hard for a recently accredited program to become objectively good, and a lot of the reputation benefits that the program gets is due to Cornell, and not anything the program is doing itself. As an employer, I would much often rather hire a Cornell engineer or a Cornell liberal arts student than an AEM student, simply because AEM is less of a known commodity to me.</p>
<p>2) The fact is that most of the faculty aren’t business faculty – they are applied resource and agricultural economists. The AEM program is really a shrewd decision by the Ag school to compete more strongly with the likes of Hotel and Engineering for business-minded students (and their tuition dollars). I’m most concerned about academic quality when it comes to schools, and you can see – it’s ranked 21st.</p>
<p>3) I would probably put Wharton, MIT, UVa, CMU, Michigan, Berkeley, Texas, Indiana, Notre Dame, and UNC ahead of Cornell from a strictly academic point of view.</p>