INSEAD | Mr. INSEAD Hopeful
GMAT -, GPA 2.9
Berkeley Haas | Ms. Against All Odds
GMAT 720, GPA 2.9
Harvard | Mr. Google Tech
GMAT 770, GPA 2.2
Yale | Mr. Army Pilot
GMAT 650, GPA 2.90
Wharton | Mr. Senior Analyst
GMAT 750, GPA 3.2
Stanford GSB | Mr. Future VC
GMAT 750, GPA 3.6
Stanford GSB | Ms. Access To Opportunities
GRE 318, GPA 2.9
Tuck | Mr. Product Marketer
GMAT 730, GPA 3.1
Wharton | Ms. Finance For Good
GMAT 730, GPA 3.7
UCLA Anderson | Mr. International PM
GMAT 730, GPA 2.3
Stanford GSB | Mr. Low GPA To Stanford
GMAT 770, GPA 2.7
USC Marshall | Mr. Low GPA High GMAT
GMAT 740, GPA 2.44
London Business School | Mr. Midwest Engineer
GMAT 750, GPA 3.69
Harvard | Mr. Policy Development
GMAT 740, GPA Top 30%
Cambridge Judge Business School | Mr. Champion Swimmer
GMAT 750, GPA 3.7
MIT Sloan | Mr. NFL Team Analyst
GMAT 720, GPA 3.8
Chicago Booth | Mr. Consulting Hopeful
GMAT 720, GPA 3.6
Kellogg | Mr. Tech Auditor
GRE 332, GPA 3.25
NYU Stern | Mr. Washed-Up Athlete
GRE 325, GPA 3.4
UCLA Anderson | Mr. Southern California
GMAT 710, GPA 3.58
Ross | Mr. Brazilian Sales Guy
GRE 326, GPA 77/100 (USA Avg. 3.0)
INSEAD | Mr. Fraud Associate
GMAT 750, GPA 8/10
Wharton | Ms. Project Mananger
GMAT 770, GPA 3.86
Chicago Booth | Mr. Average White Guy
GMAT 680, GPA 3.2
Stanford GSB | Mr. AIESEC Alumnus
GMAT 750, GPA 3.38
Kellogg | Mr. Brazilian Banker
GMAT 600, GPA 3.8
Harvard | Mr. Upward Trajectory
GMAT 720, GPA 3.3

Poets&Quants Top Business Schools

Columbia University’s Columbia Business School

#7

Contact our general manager with any questions. Profile updated: May 13, 2020.

Contact Information

Location:
3022 Broadway
Uris Hall Room 216
New York, NY 10027
Admissions Office:
212-854-1961

School Data

Annual Tuition: $71,544

Acceptance Rate: 16%

Full-Time Enrollment: 1311

International: 43%

Minority: 34%

Average Age: 28

Female: 41%

Male: 59%

Application Deadlines: *Final Round: June 1, 2020 (Due to COVID-19, CBS has extended the application deadline from April 10th to June 1st, and in addition, is allowing the submission of applications without standardized test scores – GMAT, GRE, and Executive Assessment).

The Columbia MBA: What You Need To Know

The old saying at Columbia Business School had been as Wall Street goes, so do Columbia. Its fortunes have been so closely aligned with the financial sector, that a prolonged downturn inevitably has a big impact on the uptown school. But that is now changing as the school and its students have increasingly diversified their career choices.

For the Class of 2014, Columbia sent nearly as many of its graduating MBAs into consulting as it did into finance. Only 35% of the class picked finance as their chosen career, down from 55.6% in 2008 when Lehman Brothers, a major Columbia recruiter, went bankrupt. The biggest decline occurred in investment banking and brokerage jobs–once a mainstay for Columbia grads. This year, those positions fell to a new low of 16%, from 18.6% last year and 29.4% in 2008. Just three years ago in 2011, more than half of Columbia’s class was still venturing into the world of finance.

“There has been a shift in the industries that our students are pursuing and for which they are being recruited,” says Christopher Cashman, director of public relations at Columbia. “More Columbia students are obtaining jobs in the consulting industry than before. That said, we continue to have a healthy number of students interested in and pursuing careers in the financial services sector, and we feel that our numbers show the remarkable progress the school has had in diversifying the industries that actively recruit and hire our graduates.”

Despite the massive shift away from finance, however, the Class of 2014 has done exceptionally well in the job market. The school reported that 83% of the class had job offers at graduation, while a healthy 97% had at least one employment offer three months later. That’s even better than the 95.1% offer rate in 2008 before the economy tanked and a complete recovery from the 85.3% offer rate for the Class of 2009, the graduates most impacted by the recession.

This years’s median salary rose an impressive 8.5% to $119,400, from $110,000 last year. Median sign-on bonuses of $25,000 fell $5,000 from last year when they were $30,000. Other guaranteed year-end bonus was $22,390, slightly higher tun the $20,000 reported last year. For a graduating MBA collecting all three forms of compensation, the total first-year pay package for this year would come to $166,790.

The school rolls out a revamped core curriculum in its MBA program for the incoming Class of 2015. Columbia’s curriculum was last redesigned in 2009 to respond to the changing business environment wrought by the financial collapse. The new core comes on top of a highly successful fundraising campaign that has raised more than $500 million toward the $600 million cost of a new campus for the school in early 2018.

Among the latest changes, Columbia will now teach some technical components of courses online to free up more classroom time for deeper dives and discussions. The school also will increase the number of electives students can take in the first year to allow them to make a stronger impression on employers during their summer internships. In the second half of the second term, MBA students at Columbia will have no core courses at all but five different elective courses.

Columbia’s new core is made up of two full-term courses–Financial Accounting and Finance– and nine half-term courses that range from Business Analytics to Strategy Formulation. Incoming students at Columbia are assigned to clusters of 65 to 70 students who take all of the first-year core classes together. Before each term, students can opt-out of a core course by exam and replace it with an elective.

Dean Glenn Hubbard, who had been chief economic adviser during the Bush administration,  has worked hard to get the school a sorely needed new home in the Manhattanville section of New York in West Harlem where Columbia University is developing another campus.  The business school will eventually be housed in two new buildings on that 17-acre campus at a cost of $500 million. And it’s location in New York City allows the school to tap into one-of-a-kind executive talent in a world capital.

Until it can occupy its new home, Columbia Business School remains centered in Uris Hall, a 12-story high concrete building that opened in 1964 following protests from architecture students who objected to its design, and Warren Hall, a 1999 facility it shares with the law school. Cramped conditions mean researchers share windowless cubicles and former basement space was cleared out to use as a laboratory. The problem is that the new campus won’t be complete until 2030, though the business school is expected to be among the first to move there years earlier.

Columbia MBA Rankings Data

Columbia MBA Employment Stats

B-School SmackDown Reports:

Columbia vs. The Wharton School

Columbia vs. New York University’s Stern School of Business

Columbia vs. Dartmouth’s Tuck School of Business

Top Feeder Colleges & Companies to Columbia:

Top Feeder Colleges to Columbia Business School

Top Feeder Companies to Columbia Business School

Student Perspectives:

My Story: From World Expeditionist to Columbia

MBA Program Consideration Set:

Stretch SchoolsHarvardStanford

Match Schools: Chicago, WhartonDartmouthNorthwestern’s Kellogg School

Safety Schools: MIT SloanBerkeleyDukeVirginia

Note: MBA Program Consideration Set: If you believe you’re a close match to this school–based on your GMAT and GPA scores,  your age and work experience, you should look at these other competitive full-time MBA programs as well. We list them by stretch, match, and safety. These options are presented on the basis of brand image and ranking status as a general guideline.

Relevant Features:

Columbia MBA in Class of 2011 Bags $300K Starting Salary

51% of Columbia MBAs Head Into Finance, Highest Among All B-Schools

Gaining Admission to Columbia Business School — Do’s & Don’ts

Inside Job Causes Changes at Columbia

Bruce Usher Named Co-Director of Columbia’s Social Enterprise Program