Earn Two Internationally Respected Credentials. Expand Your Potential.
Develop global leadership knowledge, collaborate with international contacts and companies, and gain an edge in today’s global job market.
If your interest lies in expanding your knowledge on managing and leading global organizations, gaining firsthand experience with diverse projects, studying abroad for a part of your coursework, and establishing connections with a distinguished international alumni network, the CEMS Master in International Management (MIM) could be an ideal addition to your Master of Professional Studies (MPS) degree.
A partnership with CEMS, a global alliance of leading business schools, multinational companies, and nongovernmental organizations, this prestigious international opportunity includes an enriching curriculum, hands-on learning experiences, and a semester-long exchange abroad at another elite business school. Cornell University is the only institution in the United States to offer the CEMS MIM.
An International Educational Alliance
You may wonder, “What is CEMS University?” CEMS isn’t a university itself. CEMS is a global alliance of top business schools around the world with a presence on six continents. These schools come together to offer a unique academic credential: the CEMS Master in International Management (MIM).
Based in Paris, CEMS admits only one institution per country. The Charles H. Dyson School of Applied Economics and Management at Cornell University is the school it selected in the United States. Other top global member institutions include the London School of Economics and Political Science, the Stockholm School of Economics, HEC Paris, and Tsinghua University in China. One hallmark of the CEMS experience is the CEMS exchange, which offers graduate students the opportunity to spend a semester living and learning at one of these affiliated schools.
CEMS also partners with more than 80 multinational corporations; this vast network provides students access to a diverse range of potential clients for team projects, internships, and employment.
Learn more about CEMS MIM (and hear from students, staff, faculty, and alumni) in this brief video.
The Story behind CEMS: What Does CEMS MIM Stand For?
CEMS spans six continents and, in partnership with business schools around the world, offers world-class academics, unrivaled international internships, and a vast alumni network. But you might have some questions about these acronyms: What does CEMS stand for, and what is a MIM degree?
What Does CEMS Stand For?
Today, CEMS is widely referred to by its acronym alone. But behind the organization’s name is a rich history.
CEMS—the Community of European Management Schools and International Companies—was founded in 1988. As partner schools and companies expanded beyond Europe, the organization became known as the Global Alliance in Management Education.
The CEMS name is still widely recognized around the globe, so the acronym remains in use, especially when referring to the CEMS Master in International Management (MIM).
What Is a MIM Degree?
While people sometimes casually refer to it as a MIM degree, the Master inInternational Management is not a Master of Science (MS) degree; rather, it’s an academic credential.
Professional degrees—such as an MBA or MPS—offer graduate-level education geared toward work in a specific field such as economics or management, but they do not require a research thesis in the way an MS or a PhD would.
Each year, more than 1,300 students from 70 nationalities are admitted to CEMS by way of specialized master’s degree programs around the world. Here’s a closer look at what to expect from this partnership between the Dyson School and CEMS.
MPS in Applied Economics and Management and a CEMS Master in International Management (MIM)
Ithaca, NY, and a semester abroad
Full-time residential and STEM-designated
The Dyson School and CEMS: A Collaborative Educational Experience
Earning both the MPS and the MIM gives you access to an even broader range of coursework, experiential learning experiences, faculty interaction, and student support resources.
Two Campus Experiences
One of the biggest benefits of earning your MPS and MIM is experiencing two academic communities.
The Dyson School’s MPS in AEM
Most of your academic experience will be on Cornell’s beautiful, historic campus in Ithaca, NY. You’ll learn in top-notch academic facilities, have access to a range of graduate student organizations and networking events, and visit the scenic Finger Lakes region.
With the CEMS exchange, you’ll spend one semester abroad at one of more than 30 business schools. Outside of class, you’ll have opportunities to immerse yourself in another culture, explore a foreign city, and make friends from around the world.
Expanded Support Services
You’ll get career and academic guidance in many ways throughout your 16 months in CEMS and the MPS program.
CEMS includes professional and career development activities, including skills seminars and an interactive mentoring platform. CEMS offers additional global career resources such as a resume database for employers and job postings.
Broader Alumni Network
You’ll be part of two large international alumni networks.
Earning a Master in International Management (MIM) alongside your MPS in Applied Economics and Management degree not only prepares you to be a leader in the international business space, but also enriches your life.
Boost Your Business Acumen
In addition to everything you’ll gain in the MPS portion of your studies, your CEMS coursework will include language training, cultural immersion, and team-based global business projects.
Spend a Semester Abroad
For your CEMS exchange, you’ll be placed in one of more than 30 CEMS business schools around the world. Your destination could be anywhere from Portugal to Poland or Egypt to Australia.
Embark on an International Internship
You’ll get firsthand international business and management experience during your internship abroad. As you put theory into practice, you’ll gain valuable multicultural work experience.
Grow Your Global Network
Learn alongside bright, ambitious peers with a range of cultural and educational backgrounds while engaging with an international faculty and global business partners.
As a final rite of passage as a CEMS MIM student, you’ll have the option to participate in two graduation celebrations—one at Cornell with your Dyson School peers and one international ceremony with your global cohort, held at a different partner school each year.
The CEMS Exchange: Study and Intern Abroad
The chance to study abroad—and intern—as a global management master’s student is perhaps one of the most attractive aspects of earning a CEMS Master in International Management (MIM). When you spend a semester (or more) at one of our partner schools, you will:
Hone your language and communication skills.
Boost your cultural competency and self-awareness.
Interact with classmates, faculty, and corporate partners.
Experience academic life on an international college campus.
Explore international points of interest and enjoy the local cuisine.
Make important professional connections and lasting friendships.
In Their Words: Hear from a CEMS Student
Our students and alumni credit the CEMS MIM curriculum for broadening their cross-cultural collaboration and understanding.
“I’ve learned how to handle multiple projects and how to work with two international teams of talented individuals. [CEMS MIM] has taught me to [how to] work over multiple time zones and handle different work cultures.” —Axel Létondot MPS/CEMS MIM ’21
“One of the most impactful aspects of the CEMS MIM is its student-centered approach. CEMS is made for and by the students. It is designed with us in mind and driven by our active involvement and participation, making it a highly engaging and fulfilling experience for us.” —Daniela Hernandez MPS/CEMS MIM ’23
CEMS Curriculum Overview: What and How You’ll Learn
During your 16 months in Ithaca and abroad, you’ll complete course requirements—including a capstone project and an international internship—for two distinct academic credentials:
MPS in AEM Courses
Your MPS in AEM coursework covers quantitative/computational methods, global citizenship, and management communication; it also includes a team-based, problem-solving capstone project. You’ll also choose from one of six industry-focused concentrations:
Business of food
International and developmental economics
Sustainable business and economic policy
CEMS MIM Courses
Developed in collaboration with partner schools around the world, the CEMS MIM curriculum is contemporary, real-world-ready, and immersive. In addition to ongoing language training and a required international internship, the academic plan consists of:
Global Business Projects
Additionally, you’ll get to choose from a range of elective courses offered by your host school.
“Cornell takes great pride in being the sole US academic member of the esteemed CEMS school network. We are honored to contribute to the cultivation of the next generation of global leaders who are committed to enhancing both societal well-being and business excellence.” —Stephen Shu
As a CEMS student, you’ll have close interaction with your faculty members, including Shu, who has a PhD in behavioral finance from City University of London, an MBA from the University of Chicago, and bachelor’s and master’s degrees in electrical engineering from Cornell University. He has more than three decades of industry experience and is perhaps most recognized for helping to incubate some of the first behavioral economics initiatives around the world in the commercial sector. Prior to his work in behavioral economics, he ran the global carrier business consulting practice for Nortel and worked as a management consultant at PRTM, which was acquired by PwC.
A World of Possibility: Careers after CEMS
Armed with two graduate-level credentials—the MPS in AEM and the CEMS MIM—you’ll be ready to take the lead in sectors and business functions of all kinds.
You’ll not only have access to the Dyson School’s career management services; you’ll also have access to a range of resources from CEMS, including a career center, a global employer directory, international career fairs, and a CV database.
If you’re a curious, ambitious global citizen with an undergraduate background in business (such as a business minor) and meet all of the other admissions criteria for the MPS in Applied Economics and Management degree program, you might also be a good fit for the CEMS MIM.
To apply, you’ll need to complete your application for admission, submit a video interview and letters of recommendation, and rank the international schools for your study abroad placement. We look forward to learning more about your career goals—and how a MIM degree will help you reach them.
Cost of Attendance: Financing Your MPS and CEMS MIM
The tuition rate for the 2023-24 academic year is $32,602 per semester, and most students complete the MPS in Applied Economics and Management with the CEMS MIM in three semesters.
MPS in AEM students typically fund their tuition and expenses with a combination of federal and private student loans and other financial aid options. For more information on tuition and the costs of attendance, see the Cornell Graduate School page on costs and funding.
Request Information: Get More Details about CEMS
If you’re curious about the MPS in AEM degree with the CEMS MIM, we’d love to speak with you in more depth about this exciting opportunity. Just complete the information request form below, and someone will be in touch soon.
Applying to graduate school comes with lots of questions, and the CEMS MIM opportunity has many unique factors. We’re here to help you make the most informed decision possible, starting with this FAQ. If you don’t find what you’re looking for here, please reach out to our admissions team.
No. The first two terms of your program, the fall and spring semesters, constitute your “CEMS year.” Your CEMS course requirements and your term abroad must be completed during the CEMS year. The CEMS curriculum is consistent across all 33 CEMS schools. Your final semester is spent at Cornell University to complete the MPS in Applied Economics and Management degree requirements.
Your CEMS peers from other schools will have already completed at least the equivalent of a business minor. Starting in your first CEMS term, you will be working in teams with students from across the CEMS network who have significant training in business. This business knowledge will also be needed in your second semester as you work on your Global Business Project.
CEMS students study abroad in their first or second semester. The semester abroad will vary depending on your concentration requirements and exchange school academic schedule.
The European Credit Transfer and Accumulation System (ECTS) is a tool of the European Higher Education Area for making studies and courses comparable across jurisdictions. ECTS has been adopted by most of the countries in the European Higher Education Area as the national credit system and is increasingly usedelsewhere. The conversion rate from ECTS to Cornell academic credit units is approximately 2 ECTS credits to 1 Cornell credit.
No. The MPS in AEM with CEMS MIM is the integration of the Dyson School’s industry-specific professional master’s with the CEMS designation in international management. The CEMS student cohort at Cornell and at each student’s host school abroad is composed of students from CEMS schools around the world. Students are on a path to global citizenship through the MPS and CEMS curricula; a global network of students, alumni, andcorporate partners; cultural immersion; and leadership opportunities.
You will receive two sought-after qualifications: a Master of Professional Studies (MPS) in Applied Economics and Management from Cornell University and the CEMS Master in International Management (MIM) certificate.
We ask students to rank their host school preferences in their application, and we do our best to match them with their highest-ranked school, but because we have a limited number of spaces at each host location, CEMS students are not always able to attend one of their top-ranked schools. Instruction at all CEMS schools around the world is in English, and students have a diverse and global experience no matter where they study.
No. You are required to select a concentration when you apply. Your application is reviewed by a faculty committee specific to your concentration, and your offer letter will be specific to your concentration.
STEM designation reflects the emphasis throughout the curriculum on analytics and data-driven decision-making. For international students, the STEM designation offers an additional potential benefit. If approved by the US Citizenship and Immigration Services, optional practical training (OPT) provides many students with F-1 visas the opportunity to work in the US for up to 12 months, gaining valuable experience related to their field of study.
Several years of work experience is not expected for CEMS MIM.
Unlike a traditional master’s program, CEMS MIM is a pre-experience offering. The CEMS MIM curriculum is created to propel students without years of work experience to the top of applicant pools for exciting careers in international business.
A student graduating from a STEM-designated program and working in a STEM career may apply for a 24-month extension to their post-completion OPT, providing up to 36 months of temporary employment in the US if approved by the US Citizenship and Immigration Services. Since CEMS students are registered at Cornell for three semesters, they are eligible to apply for OPT.
Yes. Cornell’s International Services team assists international students with student visa applications. A student’s CEMS exchange school provides guidance on obtaining the appropriate visa for exchange.
Next Steps: Applying to the Dyson School and CEMS
Ready to expand your international business career opportunities with both an MPS in AEM from the Dyson School and a MIM from CEMS? We encourage you to begin your application today.
To get started, register or log in to the Cornell Graduate Admissions website.