Update: Dustin Cornwell left Southern Methodist University’s (SMU’s) Cox School of Business in September 2014.
We had the pleasure of chatting with Dustin Cornwell, who is the director of admissions at Southern Methodist University’s (SMU’s) Cox School of Business and who provided us with some interesting insights on various aspects of the MBA program it offers. In addition to addressing Cox’s identity as a business school, Dustin shared his thoughts on the following:
- What drew him, as a veteran of the admissions world with more than a decade of experience, to want to be a part of SMU Cox
- The unique nature of the school’s primary mentoring program
- Cox’s new business analytics concentration and one-year master’s degree
- The program’s compelling dual degree and specialty programs, including its MA in arts administration and exciting CFA Fast Track offering
- What makes an applicant stand out in a positive way and what he sees as red flags
- What alumni tell him was their “favorite and most memorable” part of the Cox experience
mbaMission: Thanks so much for joining me today, Dustin.
Dustin Cornwell: You’re welcome. I’m happy to be taking part in this.
mbaMission: We’ve been trying to for a couple years now to interview admissions directors to get beyond the surface-level questions and the things you can basically pick up on a school’s Web site. We want to get people learning more about different aspects of the experiences the programs have to offer.
DC: That’s great. I think that is key for candidates, too, standing out with their story, because part of what the admissions committee does is looking beyond the stats and seeing what’s really there. Somebody with the same metrics as somebody else might get admitted and the other person might not, you know? And it’s because of other things in their background, their goals, their work experience, that kind of stuff.
mbaMission: True. So when I think of the Cox MBA, I think of small class size, I think of Dallas—and I’ve heard from a variety of people that Dallas has a tremendous trajectory for the next couple decades. And I was surprised when I looked through the employment stats and saw that the percentage of graduates entering the financial industry is just slightly higher than the percentage entering the energy industry. So, do you feel that you’re an energy school, or a financial school, or basically, what you feel your professional identity should be?
DC: Sure. Well, about half of our students are interested in some aspect of finance. That tends to be our largest area of concentration. And within finance, we have four tracks. So within a concentration, sometimes there are different tracks. Energy finance is one of those. So energy is kind of a subspecialty within our finance concentration, and we see some overlap there with students looking at working in the financial aspects of the energy industry. We see a lot of students who are going into other roles in energy as well, things like consulting opportunities, project management opportunities, things like that, particularly for our students who come from an engineering undergrad background. Primarily, though, when students are interested in the energy industry, it tends to be more on the financial side, the investing side—investing in the growth of that industry, because it is booming right now in the United States—or working with wealth management, working with corporate finance with one of the energy companies, something along those lines. So they are kind of intertwined within our program.
mbaMission: Sure. So how would you describe Cox’s identity as a school?
DC: That’s a tough question. It’s interesting talking with alumni and talking with students. I think it means different things to different people. The thing that really attracted me to come work here at SMU Cox was the strength of the alumni. I’ve worked at three other MBA programs in the past, and I’ve been in the industry for over ten years, and I think every school’s going to have a core of dedicated alumni. That’s going to be true just about anywhere. You’re going to have people who really enjoyed their experience and want to give back. I think what’s really distinctive here is how large that group is, how many alumni want to stay involved. And you see that in so many ways.
For example, when we have events for admitted students on campus or for prospective students, we often invite alumni to come and mix and mingle and talk with students about their experience. And I always have more volunteers than I need when I send out an invite to alumni, and I haven’t had that experience in other places. So that’s something that kind of struck me right away when I first started here over two years ago. And also, alumni join us for a number of events we have on campus, whether it’s as guest speakers, on panels or to talk to our current students, even tailgating events for football games in the fall. Typically, that’s associated with undergraduate alumni at most schools. You really have that affiliation very strongly with your undergraduate school, and here we get a lot of MBA alumni who come to those events and hang out with current students and have that sense of identity as part of SMU Cox. I think that really strengthens it.
So to get back to your question, I think in the Dallas–Fort Worth area and across Texas, SMU really enjoys a very strong reputation. It’s well known in the area. It’s something everybody’s familiar with, and it has the identity of a high-quality program. Students are well qualified for their positions, regardless of whether it’s marketing or finance or any other area, and they give back, you know? They really have that affiliation and affinity for the school and want to stay involved. So all those types of things are what come to mind when you’re talking about the identity of Cox.
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