MPS in AEM Tuition and Funding
Estimated Expenses for the 2025-2026 Academic Year
The MPS Applied Economics and Management program is a two semester program beginning in the fall. Estimated program costs for the academic year, including fees, are outlined in the chart below.
Estimated program costs for the 2026-2027 academic year will be available in the spring semester.
The MPS Applied Economics and Management program requires a non-refundable deposit of $1,500 to secure admission, payable at the time of acceptance, which will be credited to your first-fall-semester bursar account.
| Expense | Estimated Cost for 2025-2026 Academic Year |
|---|---|
| Tuition | $71,266 |
| Mandatory fees* | $690 |
| Books and course materials | $2,466 |
| Food | $5,654 |
| Housing | $16,796 |
| Transportation | $3,544 |
| Personal Expenses | $4,248 |
* Includes student activity fee ($110) and Cornell Health fee ($580).
Please note health and accident insurance rates will be confirmed in late April or early May. Health insurance is mandatory for all students and accompanying family members.
CEMS Tuition and Program Costs
Students pursuing the MPS Applied Economics and Management with CEMS MIM will have the same estimated expenses during their two semesters at Cornell as outlined in the above chart.
While on exchange, CEMS students are enrolled both at their exchange school and at Cornell. You will only be responsible for Cornell tuition; no tuition is required for the exchange school. Other estimated expenses such as food, housing, and transportation will be dependent on your exchange school location.
When you’re on exchange, your exchange school will provide you with information about housing options, which could include university or non-university options, depending on the location.
Funding Opportunities
Most MPS Applied Economics and Management program students rely on a combination of federal and private loans to finance their educational and living expenses. The university’s Office of Financial Aid and Student Employment is an excellent resource for identifying loans and loan packages to help finance your education.
Scholarships
Thanks to the generosity of Dyson School alumni and friends, Cornell can offer a limited number of merit-based scholarships each year. Award amounts vary by available funding and the number of admitted students. No additional application is required for consideration. Given funding limits, most scholarship aid is awarded in the earlier admission rounds.