Columbia Business School (CBS) is Columbia University’s business school which is located in New York City. Established in 1916, Columbia Business School is one of the oldest business schools in the world. It is one of the six Ivy League business schools and it offers only graduate degrees and professional programs.
The school’s faculty is divided into six academic units: accounting, decision, risk, and operations, economics, finance, management, and marketing.
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According to US News and World Report, CBS ranks among the top ten business schools in the world. The b-school offers seven master’s programs, apart from several career-oriented research courses. The fee for the MBA at Columbia Business School fee is $77,376. The school’s acceptance rate is about 18.5%. To gain admission to CBS, students need to have a GPA of 90% in their qualifying exams and a minimum score of 700 on the GMAT.
The NY-based b-school is renowned for its graduate employability rate of 94% three months after graduation. After graduating, students get job offers with an average yearly salary of $150,000. Foreign students get job offers from various means like campus interviews, corporate events, COIN (CBS’s job posts), and other events.
The school offers various courses for foreign students at undergraduate, graduate, and doctoral levels. Students can also opt for an MBA, executive MBA, or MSc.
|Top Programs||Total Fee per Year|
|Master of Business Administration [M.B.A], Finance||$77,547|
|Master of Science [M.Sc], Financial Economics||$64,165|
|Master of Science [M.Sc], Accounting and Fundamental Analysis||$49,680|
|Executive Master of Business Administration [E.M.B.A]||$110,082|
|Master of Business Administration [M.B.A]||$77,528|
|Master of Science [M.Sc], Business Analytics||$81,976|
|Master of Science [M.S], Marketing Science||$67,764|
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As per QS World University Ranking, 2022, Columbia Business School ranked #2 in Masters in Marketing, Financial Times, 2022 ranked it #2 in Global MBA and also #34 in North America for EMBA.
Uris Hall, in the heart of Columbia University’s Morningside Heights campus, houses the campus of Columbia Business School. The building is home to schools for graduates, housing and community spaces, and research centers.
Plans are afoot to relocate Columbia Business School’s campus to the Henry R. Kravis Building and the East Building soon. The new campus is said to be eco-friendly and would be the first neighborhood development in the city of New York City to obtain from the Green Building Council of the US the LEED-ND Platinum designation.
Columbia Residential offers accommodation to students who qualify for particular academic programs:
Other than this, students can also find off-campus housing options.
Columbia Business School, every year, admits candidates who belong to a multitude of settings, be they regional, cultural, or professional. While choosing candidates, CBS takes into consideration educational excellence, solid managerial qualities, and team players. Candidates who apply for admission must have got a GPA of 3.6, equivalent to 80% to 89%, a score in GMAT ranging from 580 to 780, and work experience of five years on average.
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Application Portal: Apply online through the official portal.
The acceptance rate of CBS is 18.5%, implying the school is quite tough with its selection of candidates. The incoming class of Master in Marketing in 2022 had an acceptance rate of close to 5%. Close to 48% of international students comprise the class. Most MBA students belong to financial and consulting work backgrounds. Some of the related industries from where the students hail are as follows.
|Industries||Percentage of Students|
All potential candidates who want to get admitted to CBS need to have an estimate of the attendance cost as it indicates the maximum amount an individual can obtain via any type of financial assistance. The various expenses that students have to bear are as follows:
|Expense Type||August Entry Amount (USD)||January Entry Amount (USD)|
|Health Services & Insurance||5,140||2,890|
|Books & Supplies||400||325|
|Room & Board||24,825||22,070|
|Personal Expenses (Clothing, groceries, etc.)||6,250||5,555|
Note: Students must also be prepared for other expenses that are not included above. They may include expenses for relocation, the security deposit for an apartment, medical expenses that health insurance does not cover, travel and event costs, conferences, study tours, hiring trips, and others.
The CBS offers many types of financial aid through grants, awards, and scholarships for foreign students. Columbia’s scholarships are given are both merit-based and need-based. Apart from that, students can avail of company fellowships and on-campus work openings.
The details of some of the scholarships that MBA students can avail of at Columbia Business School are as follows:
|Type of Scholarships||Amount (USD)|
|Merit-Based Scholarships||A maximum of 19,564|
|Forte Foundation Scholarship||Variable|
|Summer Internship Fellowship||Variable|
CBS urges foreign candidates to seek other scholarship options that the US offers them.
Candidates who want to apply for the CBS Doctoral Program will be inevitably taken into consideration for merit-based fellowships and tuition fee waivers. Tuition fees and school and living expenses are covered by the scholarships.
Columbia Business School has a large network of alumni spread across the globe as the Columbia Alumni association (CAA). The school arranges a reunion annually for its alumni and presents them with select awards. Some of the benefits that the Columbia B-School alumni can avail of are as follows-
In 2021, while 94% of students received job offers within three months of graduating, 87% took up the offers. Some of the major sources through which students of CBS got job offers were – on-campus interviews, interviews facilitated by the school, and graduate-enabled interviews.
The base yearly salaries of 2021 graduates according to industries are:
|Industry||Medium Base Income Range (USD)|
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