Commitment to the ICS Scholars program means taking courses that will prepare you to be a great candidate in compensation. Our track covers all the fundamentals and dovetails with requirements or electives in several concentrations.
We invite all sophomore and first-semester juniors to apply. We welcome expressions of interest from first year undergraduates.
The ICS Scholars program is a track of study, not a minor or a formal concentration. It will not be recorded on your Cornell transcript; however, Scholars complete an eCornell certificate that grants a formal qualification to add to your resume.
Requirements
Full requirements are on the program's homepage. They include participation the Cornell Compensation Club, completion of an ICS mentorship in compensation and the academic requirements below.
ICS Scholars pursuing an undergraduate degree must complete before graduation:
1 Statistics course (3 credits)
1 Finance course (3 credits)
1 Accounting course (3 credits)
1 Spreadsheet course (3 credits)
2 Compensation courses (4.5 credits)
plus
eCornell’s Compensation Studies Certificate (4 online non-credit courses)
Courses used for other requirements may be applied to ICS Scholars program requirements.
Students can petition for review of credits outside the recommended courses by submitting the course' syllabus to the ICS Academic Director. The decision of the Academic Director is final. We recommend requesting any review as early as possible to prevent disappointment.
Mentors are a central component of the ICS Scholars program. Our mentors familiarize Scholars with the compensation field. Mentors explain how skills are used, facilitate job readiness by sketching first steps in a career, and point out pitfalls to avoid. Mentors will be recent graduates working in compensation, who will show Scholars what compensation work actually entails.
Profile
ICS has sought out mentors who are recent graduates and have 1-2 years of experience in the compensation field. Mentors may be or may not be Cornellians.
Commitment
Mentorship starts with a 12 month commitment from both parties for undergraduates. Scholars will initiate and schedule monthly sessions. More frequent interactions could be arranged by mutual agreement.
Activities
mentors will discuss with you::
- An overview of the kinds of work in which they are involved.
- Advice on courses and experiences that would be helpful in preparing for work in the compensation field.
- Counsel and referrals on how to secure internships and full-time employment in compensation.
- Advice on the relative advantages and disadvantages of potential opportunities.
Recommended Courses
Compensation
ECON 3430
Compensation, Incentives, and Productivity
ILRHR 3690
Managing Total Rewards
ILRHR 4607
Executive Compensation and Corporate Governance
ILRHR 4631
Managing Total Rewards
ILRLE 4430
Compensation, Incentives, and Productivity
Statistics
AEM 2100
Introductory Statistics
BTRY 3010
Biological Statistics I
BTRY 3080
Probability Models and Inference
CEE 3040
Uncertainty Analysis in Engineering
ECON 3110
Probability Models and Inference for the Social Sciences
ECON 3120
Applied Econometrics
ECON 3130
Statistics and Probability
ENGRD 2700
Basic Engineering Probability and Statistics
HADM 2010
Hospitality Quantitative Analysis
ILRST 2100
Introductory Statistics
ILRST 3080
Probability Models and Inference
ILRST 3110
Probability Models and Inference for the Social Sciences
MATH 1710
Statistical Theory and Applications in the Real World
MATH 4710
Basic Probability
MATH 4720
Statistics
PUBPOL 2100
Introduction to Statistics
PUBPOL 2101
Statistics for Public Policy
PSYCH 2500
Statistics and Research Design
SOC 3010
Evaluating Statistical Evidence
STSCI 2100
Introductory Statistics
STSCI 2150
Introductory Statistics for Biology
STSCI 3080
Probability Models and Inference
STSCI 3110
Probability Models and Inference for the Social Sciences
Accounting
AEM 2210
Financial Accounting
AEM 2225
Financial Accounting for Dyson Majors
HADM 2230
Financial Accounting Principles
ORIE 3150
Financial and Managerial Accounting
Finance
AEM 2241
Finance
HADM 2250
Finance
Spreadsheets
AEM 2010
Spreadsheet Modeling for Management and Economics
AEM 2011
Spreadsheet Modeling for Non-Dyson Majors
AEM 3030
Explorations in Analytic Modeling
HADM 4770
Advanced Business Modeling
ILRID 4699
Advanced Desktop Applications
ORIE 4820
Spreadsheet-Based Modeling and Data Analysis