Undergrad Business at Cornell

<p>How is the undergrad business at cornell? According to businessweek, it is ranked #4. However, when I looked at the majors, i only found Economics and Hotel Management. I don't want to do hotel management, I want to do something with finance. Would i be getting that from the economics major? I kno Wharton's degree is a BS in Engineering; But they have concentrations like finance, accounting, marketing, etc.</p>

<p>Any help would be greatly appreciated.</p>

<p>Under the college of agricultural and life sciences, (CALS), there is a major titled "applied economics and management"(AEM). This program is the certified undergrad business program at Cornell that is ranked #4 in the nation. Its finance department was recently ranked #1 in the country, even ahead of NYU Stern and Wharton. If you are interested in studying finance and go for finance industries post graduation, apply to AEM program at Cornell.</p>

<p>AEM and hotel are both heavily recruited by Ibanks, pe, consulting, etc. AEM is more of a business only program than the hotel program, which will make you take courses that are specific to the hospitality industry. BOTH are recruited and great for business though. </p>

<p>however, the aem program does not have real estate as a concentration, and I personally think the hotel school does a better job at teaching subjects with more group work and labor intensive finance projects. AEM classes are big (hotel are often capped at 50-70), and aem tests mostly mult choice for the larger classes ( i have taken 10 person upper level courses in aem though, dont get me wrong). </p>

<p>I think the hotel professors are more qualified, with many being former high level business leaders. The hotel program also has more comraderie, and a great post-graduate network for jobs (AEM has less loyalty, perhaps because it is newer). I am an AEM major too so Idk if that gives me more credibility on differences between the two programs. both are great, but i dont think hotel gets enough credit as a pure business program from some students at cornell (it gets a lot of credit from companies though).</p>

<p>uhhhh?</p>

<p>stick with aem for business, idk where that rant came from.</p>

<p>PS wharton kids get a bs in economics</p>

<p>haha my bad, thats what i meant, BS in economics (not engineering)...wow how did i do that</p>

<p>the aem school is great, but the hotel school is something special. like a previous poster said, it's got the great alumni network, qualified professors, and comraderie. it also doesn't hurt that it's the number one hospitality school in the world, which is why recruiters flock to them. </p>

<p>i'd say hotel school. "business school with a hospitality focus"</p>

<p>Okay, im a little confused with what the hotel managment major actually is. Is it designed for "future hotel managers", or is it really a business degree for anything (finance, accounting, etc). Why would it be titled "hotel management" if it were truly a business degree.</p>

<p>WHich one is better for Investment Banking?</p>

<p>Art History or English degrees are actually the best for I.B.</p>

<p>Not that there are going to be many IBanking jobs in the next five years or so.</p>

<p>ivy, around 30% of the students in the hotel school actually go into hotel operations. the rest go into other fields, including real estate and i-banking. regarding your question, they do take classes such as econ, finance, business computing, and financial accounting.</p>

<p>rockers11: Wow! Hotelies go to real estate and i-banking?? I didn't know that!!! Looks like I have much to learn about the Hotel school. I kept thinking Hotel is solely about tourist industry :o</p>

<p>If you want to do I.Banking go major in math/physics.</p>

<p>Neineibu - at first, i was pigeonholed into that exact same mindset about the hotel school until i discovered this forum =D then i requested the hotel school viewbook, which i strongly recommend, and learned soooo much more than what i "thought" i knew about the school and its curriculum. some people dont realize that there are concentrations you can go into at the hotel school and these range from marketing to law to finances to real estate etc. Now, I love that I'm a hotelie because I realized that it opens up so many more doors =D</p>

<p>^^ More doors than opposed to AEM?</p>

<p>And..just the name keeps confusing. Why is it called hotel management? I still don't understand why out of all the names they could've picked, they title the school this.</p>

<p>well, i guess when i said "more doors," i meant a wider range of opportunities. this is just one example, but if i ever wanted to go into culinary arts, the hotel school has the joint degree program with the culinary institute of america. so while students from AEM may get more investment banking jobs, hotelies have that opportunity along with many others.</p>

<p>and just for clarification, it's called the school of hotel administration. it's a pet peeve of mine when people call if hotel management because when people hear management, they just thing we're there to learn how to become hotel managers. but, that's just my two cents.</p>

<p>I think this is getting very confusing for IVY24 who is just starting to research programs. To add to patlees88's post - there are many ways you can study business related fields at Cornell; Applied Economics & Management (AEM) in the College of Agriculture and Life Sciences; Policy & Management (PAM) in HumEC; Econ Major in Arts & Sciences; and ILR and Hotel. Of all of those programs, the only one that offers an accredited AACSB</a> business degree is AEM. People on these boards call the program "new". It's not new, just newly accredited (about 4 years now). Hope this clears things up. </p>

<p>By the way, I am in the program and I am getting a phenomenal education, amazing networking opportunities and job placement services. I have a sweet internship this summer at a large IB firm (still in the black as far as I know :rolleyes:) Career services was very helpful with this for me. My bosses are hinting about an offer for next year after I graduate! I’ll find out soon.</p>

<p>I'll also add that the Engineering College prepares you extremely well for a career in business; the analytical toolkit that you gain in an engineering program can be applied to all sorts of contexts.</p>

<p>If I knew I was dead set on going into business as an undergraduate, I would have been an engineer.</p>

<p>Oops! I'm so embarrassed :o.</p>

<p>Of course, Engineering! Even though I'm in AEM, I agree with CayugaRed because they have a different way of thinking. Also, the quants guys do very well, and they often come from Engineering, Physics or Math majors... sorry.</p>

<p>*P.S. My boyfriend is in Engineering [url=<a href="http://www.tvsquad.com/2006/03/02/the-five-best-single-word-catchphrases/%5DD’oh%5B/url"&gt;http://www.tvsquad.com/2006/03/02/the-five-best-single-word-catchphrases/]D&#8217;oh[/url&lt;/a&gt;]! Hits self in head like Homer Simpson!</p>

<p>Hydrangea, if I may ask, which firm are you interning at? Grats on getting an internship and a possible job offer. </p>

<p>And another question - Wouldn't it be harder for an engineer to get into an IB bank because engineering classes are probably harder than the classes in AEM? Engineering sounds a bit tougher to me, but what do I know.</p>

<p>@Greens: Thanks for the "grats", but in the interest of anonymity, I'm not disclosing! </p>

<p>Regarding Engineering as a conduit to IB programs. Yes, I imagine it is harder for an Engineer with bad grades to get into a good IB bank than an AEM major with good grades. Now, an engineer with good grades, that's another story! Hopefully one of the older posters on this board can chime in on this subject. I don't really know how the hiring process works when you have lower grades in a tougher curriculum. I would imagine that the smaller firms look at your application holistically and will consider the academic rigor along with your GPA, while the larger firms have a GPA cutoff before they look at your job app. Just conjecture though. </p>

<p>I do know that quants (quantitative analysts) are in huge demand today, and they do not come from programs like AEM - it's usually Financial Engineering (ORIE), math or physics types that they look for. </p>

<p>Personally, I feel I landed at a good company because I challenged myself with upper level math & econ courses and did well in them - in other words, I didn't do the AEM minimum.</p>

<p>You really don't need to be an AEM major to get into a business career through Cornell. I'm interning with Goldman Sachs this summer and there's only 1 AEM major, 2 ILR majors, and then students from all the other different schools after in the Securities division.</p>

<p>Engineers really do have a harder time because they can't get the GPAs to compete; I have one friend who was recruited for a back office spot and can't get out because his GPA is just too low. AEM kids have higher GPAs but recruiters know that and they also want diversity so this could go against you because it's harder to stand out.</p>

<p>Personally, I would pick the school that best suits your academic strengths. I'm strong with linguistics (reading, writing), but am horrible when it comes to math so I went with ILR.</p>