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Rendering of Cornell Tech campus courtyard

A rendering of a courtyard at the new Cornell Tech campus. Credit: Kilograph.

New building, degree at Cornell Tech

Cornell NYC Tech will develop its first "corporate co-location" building to bring industry and academia together on its Roosevelt Island campus.

The planned building is part of Phase I of Cornell Tech, which is scheduled to break ground in early 2014. It will house a mix of companies at the heart of the campus, facilitating the interaction between academia and industry.

On June 20, the Cornell Board of Trustees approved the plan to move forward with Forest City Ratner Companies as the developer of the building. Forest City Ratner will also act as master developer, overseeing development of the first academic building, the open space and related infrastructure in the first phase of construction.

"We expect that leading-edge companies large and small will be drawn to the innovation and energy of Cornell Tech, helping to accelerate the already rapid growth of New York's tech sector," said Cathy Dove, vice president of Cornell Tech.

"Cornell Tech is radically rethinking how industry can collaborate with faculty, students and researchers, and corporate co-location is vital to making that a success," said Cornell Tech Dean Dan Huttenlocher.

The award-winning architecture and landscape firm Weiss/Manfredi will design the co-location building, which will join Cornell Tech's flagship academic building, designed by Pritzker Prize-winning architect Thom Mayne of Morphosis.

The corporate co-location building will include up to 200,000 square feet of flexible office space, with a mix of tenants including startups and established companies, as well as incubator space, corporate innovation centers for bigger companies and rotating space for regional companies to spend time in New York City. Cornell Tech will lease 50,000 square feet in the building.

New one-year MBA program announced

The Samuel Curtis Johnson Graduate School of Management at Cornell announced July 22 a new MBA program at Cornell Tech that fuses business, technology, innovation and entrepreneurship in a fast-paced, hands-on learning environment.

Johnson's rigorous, one-year, full-time MBA program combines business and technology in New York City – one of the world's most dynamic commerce and digital business hubs.

"We're creating a program that addresses the fact that technology has changed the way business is done. It's not about adding technology courses to an existing MBA, but about developing a new education and learning experience for business leaders in the digital economy," said Soumitra Dutta, the Anne and Elmer Lindseth Dean of Johnson at Cornell.

"The MBA from Johnson is a vital part of our effort to create a new model of tech education that brings the energy, entrepreneurial spirit and innovation of the tech ecosystem directly onto campus," said Huttenlocher. "The MBA students will benefit from working alongside technical students, faculty and researchers, and the entire campus will be enriched by the perspective of business students."

The MBA program at Cornell Tech takes full advantage of the university's top-ranked programs in business, computing and engineering in a community that inspires entrepreneurship. Students will be immersed in New York City's flourishing tech ecosystem, where they will work on projects with global business and startup ventures. They will complete course work in the foundational disciplines of business, with an emphasis on the skills and knowledge needed to create business value in the digital economy. Courses will include design thinking, global venturing, leading innovation, big data opportunities and managing technology disruptions, among others.

The new program at Cornell Tech is intended for those with a degree in science or technology, as well as relevant work experience, who want to enhance their business knowledge and who want leadership opportunities in the digital economy. The inaugural class will begin in May 2014 in Ithaca, with the following two semesters at Cornell Tech, currently housed in Google's New York City building in Chelsea, until the permanent campus on Roosevelt Island is completed in 2017. They will graduate in May 2015.


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