Columbia Business School, the business school of Columbia University, is one of the leading business schools globally. According to the U.S. News and World Report, the school is amongst the top 10 business schools in the world. Recently, LinkedIn has ranked this business school in #9 position in the Top MBA ranking, 2024.
Out of 7 masters programs at Columbia Business School, MBA is one of the most popular programs. Columbia Business School fee for the MBA program is 77,376 USD (57.55 lakh INR).
Columbia Business School acceptance rate is around 22% and exhibits a lightly selective admission policy. As of 2024, Columbia Business School has around 2,400+ enrolled students across its various programs. To get admission to Columbia Business School, students must produce a high GPA of 90% and a GMAT score of 700 or higher. Some other requirements include an average work experience of 5 years.
Columbia Business School has an outstanding graduate employment rate of 95% after 3 months of graduation. After graduation, students are getting offered a base salary of 150,000 USD (1.24 crore INR) on average. International students get placement opportunities and jobs in USA from various sources like campus interviews, corporate events, COIN job postings and many more.
Columbia Business School Rankings
Columbia Business School ranked #11 in Best Business Schools in the U.S. News & World Report in 2024. Some other global rankings of 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
- #9 in LinkedIn Top MBA 2024 ranking
Columbia Business School is often compared with other business schools. Check the links below for a detailed comparison.
Columbia Business School Campus
Columbia Business School campus is in Uris Hall, at the center of Columbia Univs Morningside Heights campus. The building has schools for graduates, research centers, housing and community spaces.
Columbia Business School Campus Life
- The Columbia business school campus can easily be reached by car, train or bus. The students coming from the trains and buses arriving at New York's Grand Central Station, Pennsylvania Station, or Port Authority Bus Terminal, can then take public transportation or a taxi north to campus.
- Columbia Business School has over 100 unique student clubs and societies. These include the Columbia Entrepreneurs Organisation, The Green Business Club, Columbia Women in Business, Follies, etc.
Columbia Business School inaugurated its new buildings, Henry R. Kravis Hall and David Geffen Hall, Henry R. Kravis Hall and David Geffen Hall, in January 2022. The new campus is environmentally friendly and is also the first neighborhood development in NYC to earn the prestigious LEED-ND Platinum designation from the US Green Building Council.
Courses at Columbia Business School
The institute offers a plethora of courses for international students at undergraduate, graduate and doctoral levels. Students can choose from an MBA, executive MBA, or Master of Science Program, among many other programs offered by Columbia Business School.
The 20-month MBA program at Columbia Business School is designed to be completed over four terms or two academic years. Students opting for the August Entry program will be able to take advantage of the in-semester summer internship opportunities.
Looking for a fully-funded scholarship to study in USA? Check out the top 100% scholarships for international students, here:
Columbia Business School Admissions
Each Year Columbia Business School accepts candidates from a diverse range of cultural, personal and professional backgrounds. While selecting candidates, the school looks for qualities such as academic excellence, strong leadership qualities, and the ability to work in teams. Some of the requirements for admission to Columbia Business School include:
Columbia Business School PG Admission Requirements
| Category | PG Admission Requirements |
|---|---|
| Application Portal | Online Portal |
| Application Fee | 100 USD (8,222 INR) |
| Admission Requirements | Bachelor's degree certificate and academic transcripts |
| GPA | 3.7 on a 4.0 scale (90-92%) |
| English Proficiency Requirements | TOEFL IBT - 109 | IELTS - 7.0 |
| Test Scores | GMAT: 744 | GRE: 169 (Quant) | 163 (Verbal) |
| Additional Requirements | Letter of recommendation | Statement of Purpose or Personal Statement | Resume or CV | Passport | Interviews |
Columbia Business School UG Admission Requirements
| Category | UG Admission Requirements |
|---|---|
| Application Portal | Online Portal |
| Application Fee | 85 USD (6,989 INR) |
| Admission Requirements | Official high school transcripts |
| GPA | 3.4 (88%) or higher |
| English Proficiency Requirements | TOEFL-IBT- 105 | IELTS- 7.5 | Duolingo- 135 |
| Test Scores | SAT EBRW- 700 | ACT English Reading- 29 |
| Additional Requirements | Letters of reference | Statement of Purpose or Personal Statement | Passport | Short answer essay | Proof of financial support |
Columbia Business School Fees & Cost of Attendance
All prospective candidates hoping to enroll at Columbia business school should have an idea of the cost of attendance as it represents the maximum amount of funding that he or she can receive through any form of financial aid. The same has been given in the table below:
| Course | Tuition Fee (USD) | Tuition Fee (INR) |
|---|---|---|
| MBA | 84,496 | 70.13 lakhs |
| Executive MBA | 239,880 | 1.99 crore |
| Master of Science in Marketing | 73,832 | 61.28 lakhs |
| Master of Science in Financial Economics | 69,916 | 58.02 lakhs |
| Master of Science in Accounting & Fundamental Analysis | 54,144 | 44.93 lakhs |
| Health Insurance | 4,541 | 3.76 lakhs |
| Books & Supplies | 320 | 26,550 |
| Food & Housing | 24,822 | 20.60 lakhs |
| Personal Expenses | 6,246 | 5.18 lakhs |
Cost of Living in USA
The average cost of living in USA for an international student can vary greatly depending on various factors. Generally, urban areas tend to have a higher cost of living compared to rural areas. Some of the major factors that contribute to the cost of living in the USA include housing, food, transportation, healthcare, and miscellaneous expenses. However, the average cost of living in USA is:
Recent Updates:
The expenditure to study in USA is likely to increase by 2025 according to the recent growth rate of Indian students going abroad for higher education. Discover the trends and projections that reveal Indian students planning to study abroad by 2025 are likely to spend around 70 billion USD!
| Expense Type | Average Annual Expense (USD) | Cost for Indian Students (INR) |
|---|---|---|
| Accommodation | 16,000 | 13 lakhs |
| Meals | 4,700 | 3 lakhs |
| Transportation | 810 | 67,400 |
| Health Insurance | 4,100 | 3 lakhs |
| Personal Expenses | 3,900 | 3 lakhs |
| Total | 29,700 | 24 lakhs |
Columbia Business School Scholarships
The institute offers various kinds of financial support in the form of awards, grants and scholarships for international students to study in USA. Scholarships at Columbia are based on either Merit or Need of the student. Other than this, there are corporate fellowships and on-campus work opportunities for the students.
Some of the scholarships available for MBA students of Columbia Business School have been compiled below:
| Name of the Scholarship | Amount |
|---|---|
| Merit-Based Scholarships | $20,000 up to full tuition |
| Forte Foundation Scholarship | Variable |
| Summer Internship Fellowship | Variable |
| Need-based Fellowship | $10,000–$30,000 |
Aspirants applying for the Columbia Business School Doctoral Program will be automatically considered for merit-based fellowships and tuition. The aid will include tuition and school expenses, including a stipend for living expenses.
Check out below a list of popular scholarships for Indian students in USA!
Columbia Business School Placements
As per employment reports 2023, around 95% of students received job offers within three months of graduation out of which 92% accepted the offers. Some of the main sources through which students of Columbia Business School received employment opportunities were - school-facilitated interviews, on-campus interviews, and graduate-facilitated interviews. The table below gives the average salary of graduates of 2023 by degree:
| Degree | Average Salary (USD) | Average Salary (INR) |
|---|---|---|
| Bachelors | 500,000 | 4.14 crore |
| Doctorate | 200,000 | 1.65 crore |
| Executive MBA | 175,000 | 1.45 crore |
| MBA | 150,000 | 1.24 crore |
| Executive Masters | 147,000 | 1.22 crore |
| Other Degree | 280,000 | 2.32 crore |
The average salary given by some of the top employers of the graduates of Columbia Business School are given below:
Columbia Business School Alumni
Columbia Business School has a wide network of alumni spread all over the world. The alumni association is known as Columbia Alumni association (CAA). The school arranges a reunion every year for its alumni and presents them with exclusive awards and benefits. Some of the benefits enjoyed by Columbia B-School alumni include- Executive Education, Career management, and additional resources.
Columbia Business School Notable Alumni
| Name | Designation | Achievements |
|---|---|---|
| Robert F. Smith | Billionaire Venture Capitalist | Founder of Vista Equity Firm, one of the largest enterprise software operations in the world | Named on Forbes' 100 Greatest Living Business Minds. |
| Sallie Krawcheck | Founder of Ellevest | Co-founder of Ellevest, a female investment platform. | Author of the bestseller 'Own It: The Power of Women at Work'. |
| Colonel Timothy Kopra | Astronaut | Former commander of the International Space Station (ISS). | Vice president of robotics and space operations at MDA Corporation. |
| James P Gorman | CEO of Morgan Stanley | Included in Bloomberg’s 2014 list of the 50 Most Influential People. | Member of Columbia’s Board of Overseers. |
| Xavier Rolet | Investment Guru & Former CEO of LSE | Led the firm from £800 million to £14 billion in value. | Recognized as one of the world’s 100 best CEOs by Harvard Business Review. | Current CEO of investment firm CQS. |
| Jamie Kern Lima | Cosmetics Entrepreneur | Co-founder of It Cosmetics, sold to L’Oréal for $1.2 billion. | First female CEO of a L’Oréal brand. |
Columbia Business School also has a Career Management Center (CMC) designed for students, graduates, and alumni to help kickstart their careers. The CMC provides students with career development tools, services and useful connections that aid students in developing a professional network.
The center also has a team of experts that offers professional guidance and expertise in navigating the career path. The business school has a separate subscription platform where candidates can sign in to gain access and develop their network and for job-hunting.
FAQs
Ques: Is Columbia Business School an Ivy League?
Ans: Yes. Columbia Business School is recognised as one of the six Ivy League business schools and also as a member of M7 business school. CBS is also one of the oldest b-schools in the world.
Ques: How much does Columbia Business School cost for international students?
Ans: All prospective candidates hoping to enroll at Columbia business school should have an idea of the cost of attendance as it represents the maximum amount of funding that he or she can receive through any form of financial aid. The same has been given in the table below:
| Course | Tuition Fee (USD) | Tuition Fee (INR) |
|---|---|---|
| MBA | 84,496 | 70.13 lakhs |
| Executive MBA | 239,880 | 1.99 crore |
| Master of Science in Marketing | 73,832 | 61.28 lakhs |
| Master of Science in Financial Economics | 69,916 | 58.02 lakhs |
| Master of Science in Accounting & Fundamental Analysis | 54,144 | 44.93 lakhs |
| Health Insurance | 4,541 | 3.76 lakhs |
| Books & Supplies | 320 | 26,550 |
| Food & Housing | 24,822 | 20.60 lakhs |
| Personal Expenses | 6,246 | 5.18 lakhs |
Ques: What GMAT score do I need for Columbia Business School?
Ans: Candidates applying for admission maintain a GPA of 3.6 (80 - 89%), a GMAT score between 580 - 780 and an average work experience of 5 years. While selecting candidates, the school also looks for qualities such as academic excellence, strong leadership qualities, and the ability to work in teams.
Ques: How hard is it to get into Columbia Business School?
Ans: Columbia Business School acceptance rate is around 22% and exhibits a lightly selective admission policy. As of 2024, Columbia Business School has around 2,400+ enrolled students across its various programs.
Ques: How do I get admission to Columbia Business School?
Ans: Some of the requirements for admission to Columbia Business School include:
- Bachelor's degree certificate and academic transcripts
- 3.4 (88%) or higher
- TOEFL IBT - 109 | IELTS - 7.0
- GMAT: 744 | GRE: 169 (Quant) | 163 (Verbal)
- SAT EBRW- 700 | ACT English Reading- 29
- Letters of reference | Statement of Purpose or Personal Statement | Passport | Short answer essay | Proof of financial support
- USA Student Visa
Ques: What GPA do you need to get into Columbia Business School?
Ans: The GPA required for admission to Columbia Business School is as follows
| Undergraduate | 3.4 (88%) or higher |
| Postgraduate | 3.7 on a 4.0 scale (90-92%) |
Ques: How much does an MBA cost in Columbia?
Ans: The student budget for MBA in Columbia Business School for the year 2023-24 is as follows:
| Item | Cost (USD) | Cost (INR) |
|---|---|---|
| Tuition | 84,496 | 70.13 lakhs |
| Mandatory Fees | 5,633 | 4.67 lakhs |
| Health Insurance | 4,541 | 3.76 lakhs |
| Books & Supplies | 320 | 26,599 |
| Food & Housing | 24,822 | 20.60 lakhs |
| Personal Expenses | 6,246 | 5.18 lakhs |
| Computer Purchase | 1,000 | 82,999 |
| Total First Year Budget | 127,058 | 1.05 crore |
Columbia Business School Program Fees & Deadlines
| Program | Important Dates | Fees | Exams Score |
|---|---|---|---|
M.S Data Science 1 year | Priority Application Deadline For Fall Intake (15th Jan 2025) Final Application Deadline For Fall Intake (15th Feb 2025) | INR 49.5 L/Yr USD 59,014 /Yr |
|
M.B.A 2 years | Application Deadline For August 2025 Intake Round 2 (7th Jan 2025) Application Deadline For August 2025 Intake Round 3 (1st Apr 2025) Application Deadline For January 2026 Intake Round 1 (18th Jun 2025) | INR 74.1 L/Yr USD 88,300 /Yr |
|
M.S Computer Science 1 year | Application Deadline For Spring Intake (15th Oct 2024) Priority Application Deadline For Fall Intake (15th Jan 2025) Final Application Deadline For Fall Intake (15th Feb 2025) | INR 62 L/Yr USD 73,860 /Yr |
|
M.S Business Analytics 1 year | Priority Application Deadline (15th Jan 2025) Regular Application Deadline (15th Feb 2025) | INR 74.4 L/Yr USD 88,632 /Yr |
|
M.S Applied Analytics 1 year | Application Deadline For Spring Intake (1st Oct 2024) Application Deadline For Fall Intake (15th Mar 2025) | INR 80 L/Yr USD 95,328 /Yr |
|
M.Arch 3 years | Application Deadline (3rd Jan 2025) | INR 56.8 L/Yr USD 67,680 /Yr |
|
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Columbia Business School comparison
| University Name | Columbia Business School | The Wharton School | Harvard Business School | MIT Sloan School of Management | INSEAD | Yale School of Management | Kellogg School of Management | University of Chicago Booth School of Business | Stern School of Business |
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| CollegeDunia Reviews | - | - | - | - | - | - | - | - | 7.7/10 Read 1 reviews |
| - | Read Full Comparison | Read Full Comparison | Read Full Comparison | Read Full Comparison | Read Full Comparison | Read Full Comparison | Read Full Comparison | Read Full Comparison |
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Columbia Business School Scholarships
| Name | Scholarship Per Student | Level of Study | Type | |
|---|---|---|---|---|
| QS scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
| Richard A. Freund International Scholarship | Scholarship per student₹ 4.2 L/Yr$5,000 | Level Of StudyDoctorate | TypeMerit-Based | |
| Jagdish Bhagwati Fellowship | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeCollege-Specific | |
| Microsoft Tuition Scholarship | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
| Business Administration Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
| University of Utah Scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeCollege-Specific |
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Columbia Business School Admissions
Application Portal: https://www8.gsb.columbia.edu/programs/mba/admissions/application-requirements
Fall Admissions Deadlines
Important Date: January6 (Application deadline)Final Deadlines
Important Date: April9 (Application deadline)
Attendance Cost
The table shows average yearly cost of attendance for international students. Amount may vary with the course opted, nature of accommodation, and personal spending habits of a candidate.Check Program wise Fees
Columbia Business School Accreditations
Columbia Business School Campus Location
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