Columbia Business School, New York City Overview

Columbia Business School, affiliated with Columbia University, is recognized as one of the world's top business schools. According to U.S. News and World Report, it ranks among the top 10 globally. Of the seven master's programs offered at Columbia Business School, the MBA is particularly popular. The tuition fee for the MBA program is $77,376 (approximately 57.55 lakh INR).

With an acceptance rate of around 22%, Columbia Business School is moderately selective in its admissions. As of 2024, the school has over 2,400 students enrolled across its various programs. Applicants typically need a high GPA of around 90% and a GMAT score of 700 or above. Additional requirements include an average of five years of work experience.

Columbia Business School boasts an impressive graduate employment rate, with 95% of students securing jobs within three months of graduation. Graduates are offered an average base salary of $150,000 (around 1.24 crore INR). International students benefit from various employment opportunities in the U.S., facilitated through campus interviews, corporate events, COIN job postings, and more.

Columbia Business School Rankings

In 2024, Columbia Business School was ranked #11 among the Best Business Schools by U.S. News & World Report. Other notable global rankings for Columbia Business School include:

• #6 in Masters in Marketing by QS World University Ranking, 2024
• #1 in Global MBA by Financial Times, 2024
• #33 in North America for EMBA by Financial Times, 2024

Columbia Business School Campus

Columbia Business School is located in Uris Hall, which is situated at the heart of Columbia University's Morningside Heights campus. This building houses graduate schools, research centers, residential facilities, and community spaces.

Columbia Business School Campus Life

Columbia Business School is easily accessible by car, train, or bus. Students arriving at New York's Grand Central Station, Pennsylvania Station, or Port Authority Bus Terminal can take public transportation or a taxi north to reach the campus.

The school offers a vibrant campus life with over 100 different student clubs and societies, including the Columbia Entrepreneurs Organization, the Green Business Club, Columbia Women in Business, and Follies, among others.

In January 2022, Columbia Business School opened its new buildings, Henry R. Kravis Hall and David Geffen Hall. The new campus is environmentally sustainable and is the first neighborhood development in New York City to receive the prestigious LEED-ND Platinum certification from the U.S. Green Building Council.

Courses at Columbia Business School

Columbia Business School offers a wide range of courses for international students across undergraduate, graduate, and doctoral levels. Students can choose from various programs, including an MBA, Executive MBA, or Master of Science programs.

The MBA program at Columbia Business School is structured to be completed in 20 months, spanning four terms or two academic years. Students who choose the August Entry program have the opportunity to participate in summer internships during the semester.

Top Programs at Columbia Business School

Columbia Business School Admissions

Each year, Columbia Business School admits candidates from a wide array of cultural, personal, and professional backgrounds. In selecting applicants, the school values academic excellence, strong leadership skills, and teamwork abilities. Key admission requirements for Columbia Business School include:

Columbia Business School PG Admission Requirements

Columbia Business School UG Admission Requirements

Columbia Business School Fees & Cost of Attendance

Prospective students considering enrollment at Columbia Business School should be aware of the cost of attendance, as it indicates the maximum amount of financial aid they can receive. The table below outlines the tuition fees for various programs:

Cost of Living in the USA

The average cost of living for an international student in the USA can vary significantly based on location and lifestyle. Generally, urban areas have a higher cost of living compared to rural areas. Major factors contributing to the cost of living include housing, food, transportation, healthcare, and miscellaneous expenses.

Recent Updates:

According to current trends, the cost of studying in the USA is expected to rise by 2025, in line with the increasing number of Indian students pursuing higher education abroad. Projections indicate that Indian students studying overseas by 2025 may collectively spend around $70 billion.

Columbia Business School Scholarships

Columbia Business School provides a range of financial support options for international students, including awards, grants, and scholarships, to help them study in the USA. Scholarships are awarded based on either the student's merit or financial need. Additionally, students can access corporate fellowships and on-campus employment opportunities.

Here are some of the scholarships available for MBA students at Columbia Business School:

Applicants to the Columbia Business School Doctoral Program are automatically considered for merit-based fellowships and tuition coverage. This financial aid includes tuition, school-related expenses, and a stipend to cover living costs.

Columbia Business School Placements

According to the 2023 employment report, approximately 95% of students received job offers within three months of graduating, with 92% of them accepting these offers. Key sources of employment opportunities for Columbia Business School students included school-facilitated interviews, on-campus interviews, and graduate-facilitated interviews. The table below shows the average salary of 2023 graduates by degree:

Columbia Business School Alumni

Columbia Business School boasts a vast global alumni network, organized under the Columbia Alumni Association (CAA). The school hosts an annual reunion for alumni, offering exclusive awards and benefits such as Executive Education, Career Management services, and additional resources.

Notable Alumni of Columbia Business School

Columbia Business School also operates a Career Management Center (CMC) to support students, graduates, and alumni in advancing their careers. The CMC offers career development tools, services, and valuable networking opportunities. Additionally, the center features a team of experts providing professional guidance and access to a subscription platform for job hunting and network building.

FAQs

Q: Is Columbia Business School an Ivy League institution?

A: Yes, Columbia Business School is part of the Ivy League and is also recognized as one of the M7 business schools. It is one of the oldest business schools in the world.

Q: What is the cost for international students at Columbia Business School?

A: Prospective students should be aware of the total cost of attendance, which indicates the maximum amount of financial aid available. The fees are detailed in the table below:

Q: What GMAT score is needed for admission to Columbia Business School?

A: Applicants typically need a GMAT score between 580 and 780, a GPA of 3.6 (80-89%), and an average of 5 years of work experience. The school also values academic excellence, strong leadership skills, and the ability to work well in teams.

Q: How competitive is admission to Columbia Business School?

A: Columbia Business School has an acceptance rate of about 22% and maintains a moderately selective admission policy. As of 2024, the school has over 2,400 students enrolled across its programs.

Q: What are the admission requirements for Columbia Business School?

A: To apply, candidates need:

• Bachelor’s degree certificate and academic transcripts
• GPA of 3.4 (88%) or higher
• TOEFL IBT - 109 or IELTS - 7.0
• GMAT: 744 or GRE: 169 (Quant) and 163 (Verbal)
• SAT EBRW- 700 or ACT English Reading- 29
• Letters of reference
• Statement of Purpose or Personal Statement
• Resume or CV
• Passport
• Short answer essay
• Proof of financial support
• USA Student Visa

Q: What GPA is required for admission to Columbia Business School?

A: The required GPA for admission is:

• Undergraduate: 3.4 (88%) or higher
• Postgraduate: 3.7 on a 4.0 scale (90-92%)

Q: What is the cost of an MBA at Columbia Business School?

For the 2023-24 academic year, the MBA budget at Columbia Business School is as follows: