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Columbia Business School - Acceptance Rate, Ranking, Fees
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Last updated on 17 Dec '24, by Loveleen Sharma (Study Abroad Expert)Columbia University Business & Management StudiesWhat’s new?
Deadlines at Columbia Business School for its Business and Management programs are mentioned below:
- MBA for Fall 2025 Entry:
- Round 2 Application deadline is Jan 7, 2025
- Round 3 Application deadline is Apr 1, 2025
- Deferred Enrolment Round Deadline is Apr 15, 2025
- Executive MBA for Fall 2025 Entry:
- EMBA-NY Saturday Round 2 Application Deadline is Jan 15, 2025
- EMBA-Global (May Entry) Round 2 Application Deadline is Jan 14, 2025
- EMBA-Global (May Entry) Round 3 Application Deadline is Mar 20, 2025
- EMBA-NY Fri/Sat (August Entry) Round 1 Application Deadline is Feb 12, 2025
- EMBA-NY Fri/Sat (August Entry) Round 2 Application Deadline is April 15, 2026
- About Columbia Business School
- Columbia Business School Courses and Fees 2025
- Columbia University Business & Management Studies Popular Programs
- Columbia University Business & Management Studies Popular Courses
- Columbia Business School Rankings 2025
- Columbia Business School Admissions Dates 2025
- Columbia Business School Admission Requirements 2025
- Columbia Business School Placements 2025
- Columbia Business School Vs. The Wharton School. Which is better?
- Columbia Business School Campus Life
- Columbia Business School Notable Alumni
- Columbia University Business & Management Studies Students reviews
About Columbia Business School
Columbia Business School also known as CBS, is the Business School of Columbia University, which is situated in New York.
CBS was established in 1916 as a private research university with the help of generous funding from Emerson McMillan. This B-School enjoys the privilege of being an Ivy League business school which is also one of the oldest in the world. The Columbia Business School has three campuses; Manhattan Ville Campus – Kravis Hall, Manhattan Ville Campus – David Geffen Hall, and Morningside Heights – Uris Hall which is also the oldest campus of CBS. The new campus of this B-school is Manhattan Ville Campus – David Geffen Hall is spread across two buildings covering an area of approximately 492,000 square feet of academic and administrative space. These buildings were designed by Diller Scofidio + Renfro, Collaborative, and AARRIS ATEPA Architects.
In the year 2010, CBS received the largest donation for the construction of the buildings by Henry Kravis, the billionaire co-founder of private equity firm KKR. The donation was a whopping sum of USD 100 million, and in the year 2012, Ronald Perelman also donated USD 100 million to CBS. As a nice gesture, these two newly built buildings on the campus were named after these donors.
A huge variety of Business and Management programs are offered at CBS, including Undergraduate degrees, MBA, MBA dual degree, MS, and many other interdisciplinary programs as well. The Columbia Business School Management programs are ranked #12 in the list of the best 124 Business Schools around the world by US News and World 2024 which is significant in making a choice to study at CBS.
Columbia Business School placement rate in 2022 for their MBA graduates stands at 84%, with an average median package of USD 175,000 or INR 1.45 Cr annually with a salary range of USD 52,700 to USD 400,000 (INR 41.64 L to INR 2.57 Cr) across various companies and industries. The average CBS MBA class size is 782, with a full-time faculty of 152, which makes it a quite favorable pointer for a student who is concerned about getting proper attention. The student-to-faculty ratio is 1:5.14, meaning for every 5 to 6 students, there is 1 faculty available at this B-School.
This B-School has a separate Diversity, community, and inclusion committee, which is an initiative to promote cultural diversity and to make learning inclusive for students from different walks of life.
(USD 1 = INR 84.45)
Things to Know about Columbia Business School
Columbia Business School takes pride in its alumni network which is 48,000 scattered all over the world in diverse industries and companies. The top companies that the MBA graduates of CBS get placed in are McKinsey & Company, Boston Consulting Group, Bain & Company, Amazon, Morgan Stanley, etc. CBS received 7,847 applications for the class of 2024, out of which 972 applicants rolled out an offer letter.
Here are some more highlights for The Columbia Business School:
|
Columbia Business School (MBA) |
Validation |
|---|---|
|
Acceptance Rate (MBA Class 2024) |
8.07% |
|
US World and News Ranking (2024) |
12 |
|
Known for |
Finance, New York City as its location, and diverse student body |
|
Nobel Laureates |
1 (Joseph E. Stiglitz) |
|
MBA Class Size (2024) |
782 |
|
Placement Rate (2023) |
92% (By year-end) |
|
Average GMAT Score (Class 2024) |
732 with a range of 600 to 780 |
|
Average Package after graduating (2023) |
USD 175,000 (INR 1.47 Cr) |
|
Average GRE Quant Score (Class 2026) |
162 with a range of 143 to 170 |
|
Average GRE Verbal Score (Class 2026) |
162 with a range of 146 to 170 |
|
Average GPA (Class 2026) |
3.6 on a scale of 4.0 |
|
Average Work Experience (Class 2026) |
5 Years |
|
Average Signing Bonus (2022-23) |
USD 30,000 (INR 25.3 L) |
(USD 1 = INR 84.45)
Columbia Business School is focused on inclusion, and making the world a better place where everyone gets equal opportunities to learn and grow with their Business and Management programs. This is what the Columbia Business School MBA Class of 2026 looks like:
|
Diversity and Enrolment Breakdown Class 2026 |
Data |
|---|---|
|
Women |
44% |
|
International |
46% |
|
Minority of US origin |
44% |
According to the official website, out of the entire MBA class profile 2026, 46% of the students are International, indicating their commitment towards inclusion.
Business professionals from all over the world, coming from different fields, are admitted in the Masters of Business Administration program offered by Columbia Business School.
Below are the detailed Pre-MBA Industries details of the students enrolled at Columbia Business School for the MBA class 2026:
|
Pre-MBA Industries of Columbia Business School 2024 MBA class profile |
Percentage of the MBA Class |
|---|---|
|
Financial Services |
30% |
|
Consulting |
25% |
|
Technology |
13% |
|
Other/Energy/Law |
6% |
|
Marketing/Media |
10% |
|
Healthcare |
5% |
|
Military/Government |
3% |
|
Real Estate |
3% |
|
Nonprofit |
3% |
|
Energy |
2% |
|
Manufacturing |
0.3% |
Out of all the MBA graduates 2023 given by The Columbia Business School, 92% received an offer letter from various top companies hiring within a year of graduation.
According to the employment report published by CBS, 63% of the sources of opportunities were school-facilitated, and 37% were student-facilitated.
Read more: Columbia Business School MBA 2023 Employment Report
Commonly asked questions On About Business & Management Studies
Q: Is Columbia Business School an Ivy League?
# Is Columbia Business School an Ivy League?
The Columbia University has four schools under it, one of which is Columbia Business School which is the B-School. Yes, Columbia University is an Ivy League because it is one of the eight private institutions of higher education in the North eastern region of the United States with high academic reputation.
This B-School is considered an Ivy League because:
· Location: CBS is the only Ivy in New York City. NYC is widely popular due to the close proximity to an abundance of career opportunities.
· Financial Aid: The CBS offers need based scholarships to the students and its financial aid package if considered one of the richest in the world.
· Curriculum: The Business and Management curriculum of this CBS is aimed on industry relevance and high employability.
Q: Is an MBA from Columbia Business School worth it?
Columbia Business School is ranked at #12 by the US News and World Ranking body 2024 among the best 124 B-schools of the world. CBS MBA graduates are known for their calibre in understanding the Business and Management world and make innovations to it. The CBS Placement rate for the MBA class 2023 stands at 84% (within three months of graduation) with the average median salary of USD 175,000 (INR 1.60 Cr.). The CBS MBA tuition for the first year excluding accommodation, living expenses, and health insurance is USD 88,300 (INR 74.5 L) which can go up to USD 132,258 (INR 1.11 Cr) with all other expenses. The CBS MBA graduates get placed in companies like McKinsey & Company, Bain & Company, Boston Consulting Group, Amazon etc. for the roles in consulting, financial services, health care, fintech etc. If a student is looking for a B-school with great location, rigorous curriculum, career exposure, and academic excellence, then yes, Columbia Business School can be worth it.
Q: What GPA do you need to get into Columbia Business School?
As part of the Columbia Business School application process, the international students are required to submit the Undergraduates scores such as GPA. The average GPA of CBS MBA Class 2024 is 3.5 on a scale of 4.0. To sum up, the students are suggested to have a minimum GPA of 3.5 to be enrolled at this B-school. Other than average GPA, other Columbia Business School MBA admission requirements include:
Average Scores CBS MBA Profile(Class 2026) | Scores |
|---|---|
Average GMAT Score | 732 with a range of 600 to 780 |
Average GRE Quant Score | 162 with a range of 143 to 170 |
Average GRE Verbal Score | 162 with a range of 146 to 170 |
Average GPA | 3.6 on a scale of 4.0 |
Q: Is it hard to get admission to MBA at Columbia Business School?
Ranked as the world's 8th best B-School by QS World 2025, the Columbia Business School MBA is hard to get into as the students from all around the world apply to this school. CBS received 7,847 applications for the class of 2024, out of which 972 applicants were rolled out an offer letter which makes up a CBS acceptance rate of 8.07%. The low acceptance rate suggests that this B-School is hard to get into, but it is not impossible. Below mentioned are the average scores and other relevant data of CBS MBA students:
CBS MBA Class 2024 profile | Data |
|---|---|
Average GMAT Score | 732 with a range of 600 to 780 |
Average GRE Quant Score | 162 with a range of 143 to 170 |
Average GRE Verbal Score | 162 with a range of 146 to 170 |
Average GPA | 3.6 on a scale of 4.0 |
Average Work Experience | 5 Years |
Columbia Business School Courses and Fees 2025
Columbia Business School Undergraduate Business and Management Programs:
- Financial Accounting
- Marketing Management
- Strategy Formation
- Corporate Finance
Columbia Business School graduate EMBA Programs
- EMBA-NY Saturday
- EMBA-Global
- EMBA-NY Fri/Sat
The Columbia Business School Doctoral Programs
- PhD in Accounting
- PhD in Business Economics
- PhD in DRO
- PhD in Finance
- PhD in Management
- PhD in Marketing
Columbia Business School MS Business and Management Programs
- Master of Science in Accounting & Fundamental Analysis (MSAFA)
- Master of Science in Financial Economics (MSFE)
- Master of Science in Marketing Science (MSM)
MS Partner Programs with Fu Foundation School of Engineering and Applied Science
- Master of Science in Business Analytics (MSBA)
- The Management Science and Engineering (MS & E)
Columbia Business School Course Fees 2025
International students are required to pay tuition and fees to study Business and Management at this B-School semester-wise. The Columbia Business School MBA tuition fee is USD 88,300 or INR 74.6 L for the first year.
The Columbia Business School MBA application fee is USD 250 (INR 21,127) for submitting an application via the official portal of the University that can also be paid by credit card (Visa, American Express, or MasterCard), and USD 100 (USD 8,451) for the Undergraduate Management programs via the Common App portal. Please note that the application fee is non-refundable in case of a rejection.
|
CBS MBA First-Year Fee Components |
Amount |
|---|---|
|
Tuition |
USD 88,300 (INR 74.6 L) |
|
Mandatory Fees |
USD 5,857 (INR 4.94 L) |
|
Health Insurance |
USD 4,955 (INR 4.18 L) |
|
Books & Supplies |
USD 1,250 (INR 1.05 L) |
|
Food & Housing |
USD 27,396 (INR 23.1 L) |
|
Personal Expenses |
USD 3,177 (INR 2.68 L) |
|
Transportation |
USD 1,323 (INR 1.11 L) |
First-Year Total Budget |
USD 132,258 (INR 1.11 Cr) |
(USD 1 = INR 84.45)
| Courses | 1st Year Tuition Fees | Duration & Eligibility |
|---|---|---|
MBA/PGDM(20 courses) | INR 44 L - 78 L | Duration: 9 months-2 years Exam Accepted: TOEFL: 99 - 114, GRE, IELTS: 7 & Above |
MIM(19 courses) | INR 44 L - 78 L | Duration: 9 months-2 years Exam Accepted: TOEFL: 99 - 114, IELTS: 7 & Above, GRE |
Others PG(1 course) | INR 46 L | Duration: 2 years Exam Accepted: GRE, TOEFL: 100 & Above |
Commonly asked questions On Fees and Eligibility
Q: Does Columbia Business School have a 1 year MBA?
Columbia Business School offers programs across diverse areas such as MBA, MBA Dual degree, EMBA, MS, Undergraduate etc. Unlike most B-Schools in the US, Columbia offers an accelerated MBA which can be completed in 16 months.
The entire students experience stays the same; the curriculum, the faculty, and same highly selective standards. The only difference is that these accelerated MBA students can only join in January (Spring), and these students don't have to do a Summer Internship, while the August entry students have to engage in Summer internships. This accelerated MBA is for those who do not wish to change their industry, entrepreneurs, and the students in family businesses.
Q: How much does MBA cost at Columbia Business School?
As an international student, Columbus MBA can cost around USD 132,258 (INR 1.11 Cr) per year out of which the CBS MBA tuition is USD 88,300 (INR 74.6 L). Please note that the tuition fee increases by 2 to 7% in the second year.
CBS MBA First Year Fee Components (2024-25) | Amount |
|---|---|
Tuition | USD 88,300 (INR 74.6 L) |
Mandatory Fees | USD 5,857 (INR 4.94 L) |
Health Insurance | USD 4,955 (INR 4.18 L) |
Books & Supplies | USD 1,250 (INR 1.05 L) |
Food & Housing | USD 27,396 (INR 23.1 L) |
Personal Expenses | USD 3,177 (INR 2.68 L) |
Transportation | USD 1,323 (INR 1.11 L) |
First Year Total Budget | USD 132,258 (INR 1.11 Cr) |
(USD 1 = INR 84.45)
Q: Can I get financial aid to do an MBA in Columbia Business School?
Yes, Columbia Business School provides scholarships. In fact, the CBS is well renowned for the having one of the largest scholarship funds. There is no need to apply for the scholarships separately, it is integrated in the CBS application process. Below mentioned are the scholarships provided to MBA students:
Scholarship Type | Criteria | Benefits |
|---|---|---|
Merit-Based Scholarships | Academic achievements, professional accomplishments, leadership potential | Tuition Coverage of 20% to 100% |
Need-Based Scholarships | Demonstrated financial need | Comprehensive financial support: tuition, fees, living expenses |
Diversity Scholarships | Support for underrepresented minorities, women, LGBTQ+, veterans | Enhance diversity in student body |
International Scholarships | Outstanding candidates from outside the US | Partial to full tuition, visa fees, relocation costs |
Columbia University Business & Management StudiesPopular Programs
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Columbia University Business & Management StudiesPopular Courses
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Columbia Business School Rankings 2025
According to Shiksha grading, Columbia University receives a grade of A++, which is the parent institution of Columbia Business School. Columbia Business School is well renowned for its curriculum, career and research opportunities, and New York as its location which is crucial for MBA graduates as they can build professional connections with potential employers. CBS is ranked 8th in the world for its MBA programs in the 2025 QS Global MBA rankings, with an overall score of 96.9 out of 100, based on factors like placement rates, faculty, curriculum, etc.
Based on the rankings published by US World and News 2024, CBS ranks #12 out of the best 124 B-Schools in the world. Below are the detailed rankings of the MBA specializations offered by CBS, rankings by US World and News 2024:
|
CBS MBA Specializations (2024) |
Rankings (2024) |
|---|---|
|
Business Analytics |
6 |
|
Executive MBA |
4 |
|
Finance |
4 |
|
International |
5 |
|
Management |
12 |
|
Marketing |
6 |
|
Non-profit |
6 |
|
Production/Operations |
11 |
|
Real Estate |
2 |
Below are the detailed rankings of the MS programs offered by CBS, and rankings by QS World 2025:
|
Columbia Business School MS programs (2025) |
Rankings (2025) |
|---|---|
|
Masters in Marketing |
5 |
|
Master’s in Business Analytics |
6 |
|
Masters in Finance |
13 |
Commonly asked questions On Rankings
Q: Is Columbia Business School a top school?
Columbia Business School is ranked at #12 by the US News and World Ranking body 2024 among the best 124 B-schools of the world. CBS MBA graduates are known for their calibre in understanding the Business and Management world and make innovations to it. QS World ranking body has ranked CBS at #8 with a score of 96.9%. According to the rankings mentioned above, yes Columbia Business School is considered one of the top B-Schools in the US and the world.
The CBS Placement rate for the MBA class 2023 stands at 84% (within three months of graduation) with the average median salary of USD 175,000 (INR 1.60 Cr.).
Q: Is Wharton School better than Columbia Business School?
The Columbia Business School ranks #8, and The Wharton School ranks at #2 according to the rankings released by the QS World ranking body for the year 2025. If the point to consider is employability, according to the Employment report 2023 published by Wharton, 97.2% of the students who were seeking employment received an offer letter within three months, while it stands at 84% for Columbia Business School.
The table compares these two best Business schools in depth:
Criteria | Columbia Business School | Wharton School |
|---|---|---|
Location | New York | Philadelphia, USA |
Average Starting Salary | USD 175,000 (INR 1.47 Cr) | USD 175,000 (1.47 Cr) |
Sign-On Bonus | USD 30,000 (INR 25 L) | USD 30,000 (INR 25 L) |
Acceptance Rate (Class 2026) | 8.07% | 11.8% |
First-Year Tuition (MBA) | USD 88,300 (INR 74.6 L) | USD 84,830 (INR 71.6 L) |
Return on Investment (ROI) Based on the Data of first year tuition fee and the average median salary | 198.8% | 206.2% |
Top Companies Hiring | · McKinsey & Company · Boston Consulting Group · Bain & Company · Amazon · Morgan Stanley · Deloitte · PwC Strategy& · JPMorgan Chase & | · Ab Bernstein · Activision Blizzard · Adobe Inc. · Alixpartners · Alpine Investors
|
Ranking (QS World 2025) | #8 | #2 |
Average GPA | 3.5 | 3.6 |
Average GMAT Score (MBA Class 2026) | 732 | 732 |
Average GRE Quant Score (Class 2026) | 162 | 163 |
Average GRE Verbal Score (Class 2026) | 162 | 162 |
Placement Rate (2023) within three months of commencement | 84% | 97.2% |
Q: Is it tough to get admission to Columbia Business School?
Columbia Business School stays a popular choice among students to pursue an MBA degree from. The students worldwide apply to the CBS Business and Management programs. CBS received 7,847 applications for the class of 2024, out of which 972 applicants were rolled out an offer letter which makes an acceptance rate of 8.07%, which means the out of every 100 applicants, only 8 to 9 were given an offer letter. The low acceptance rate suggests that CBS is a tough school to get into but not impossible
Columbia Business School Admissions Dates 2025
Admissions at Columbia Business Schools are done on the basis of semesters and those semesters for the various courses are Fall, Spring, and Summer.
|
Columbia Business School MBA Rounds (August Entry) |
Application Deadline |
|---|---|
|
Round 1 |
Sep, 2024 (Tentative) |
|
Round 2 |
Jan 7, 2025 |
|
Round 3 |
Apr 1, 2025 |
|
Deferred Enrolment Round |
Apr 15, 2025 |
There are three types of courses for EMBA, based on the availability of the candidate. All of these courses have different deadlines that are mentioned below:
|
Columbia Business School Executive EMBA Rounds |
Application Deadline |
|---|---|
|
EMBA-NY Saturday Round 1 (May Entry 2026) |
Nov, 2025 (Tentative) |
|
EMBA-NY Saturday Round 2 (May Entry) |
Jan 15, 2025 |
|
EMBA-Global (May Entry) Round 2 |
Jan 14, 2025 |
|
EMBA-Global (May Entry) Round 3 |
Mar 20, 2025 |
|
EMBA-NY Fri/Sat (August Entry) Round 1 |
Feb 12, 2025 |
|
EMBA-NY Fri/Sat (August Entry) Round 2 |
April 15, 2026 |
Columbia Business School Undergraduate Management Programs Application deadlines 2025:
|
CBS Masters in Science Program Stages (Fall Entry) |
Date |
|---|---|
|
Applications Opened |
Sept 12, 2024 |
|
Application Deadline |
Jan 16, 2025 |
|
Decisions to be Rendered |
Mar, 2025 |
Columbia Business School Admission Requirements 2025
The Columbia Business School MBA acceptance rate for the class that entered in 2024 was 8.07% which makes it a moderately difficult university to get into.
However, a student can get admission to this B-School by fulfilling the below-mentioned requirements:
Columbia Business School MBA Requirements as an International Student:
- A four-year Bachelor’s Degree from an Accredited university
- Scanned copies of all the Academic Records
- English proficiency test scores (IELTS/TOEFL, PTE/Duo lingo English Test)
- An online application
- Letters of recommendation (Submit at least 2 with one being of current supervisor or manager)
- Work experience of minimum 2 years (Preferred)
- Essay
- Standardized entrance test scores (GMAT/GRE)
Columbia Business School MS admissions requirements as an International student:
- Official transcripts
- English proficiency test scores (IELTS/TOEFL) (If applicable)
- An online application
- Letters of recommendation (At least 2, by the superiors who can access the qualitative skills of the candidate)
- Standardized tests (GMAT/GRE)
- Statement of purpose
- Certification of finances
- Essay
- Resume/CV
Columbia Business School Admission Process 2025:
Step 1-Choose a program
Step 2- Fill out the application form: Now go to the official website
Step 3-Pay application fee: Students must pay the application fee of USD 250 (INR 23,213) for the MBA and EMBA programs.
Step 4-Wait for a response:
Step 5-Pay tuition fees: To get enrolled in the first semester, international students have to pay a non-refundable security fee which differs depending on the program, For a full-time MBA, a student has to pay
- January (Round 1 and Round 2): Deposit 1 is USD 2,000(INR 1.68 L) and Deposit 2 is USD 1,000 (INR 84 K)
- August Round 1: Deposit 1 is USD 6,000 (INR 5.06 L) and Deposit 2 is USD 1,000 (INR (INR 84 K)
- August Round 3: Deposit 2 is USD 3,000 (INR 2.53 L)
EMBA: Round 1 admits must submit a USD 6,000 (INR 5.06 L) deposit within two weeks of admission
(USD 1 = INR 84.45)
Commonly asked questions On Admission Requirements
Q: Can I get admission to MBA at Columbia Business School with a 3.3 GPA?
While there are no minimum requirements for a certain GPA at Columbia Business School, brilliant students from all over the world apply to this B-School, which makes it competitive and highly selective. Columbia Business School MBA acceptance rate stands at 8.07% for the year 2024, which is significantly less than the last year (2023) which was 15.2%.
CBS prefers students with STEM backgrounds although if students can show the relevant work experience, non-STEM students can compete too. Please note that a student is suggested to have a minimum GPA of 3.6 as it was the average GPA of MBA class 2024.
Other than average GPA, other Columbia Business School MBA admission requirements include:
Average Scores CBS MBA Profile(Class 2026) | Scores |
|---|---|
Average GMAT Score | 732 with a range of 600 to 780 |
Average GRE Quant Score | 162 with a range of 143 to 170 |
Average GRE Verbal Score | 162 with a range of 146 to 170 |
Average GPA | 3.6 on a scale of 4.0 |
Q: Does admission to Columbia Business School require GMAT score?
As a part of Columbia MBA application process, a student is required to take a standardized entrance test which can be either GMAT or GRE. The table below shows the average scores achieved by the CBS MBA class 2024:
Average Scores CBS MBA Profile(Class 2026) | Scores |
|---|---|
Average GMAT Score | 732 with a range of 600 to 780 |
Average GRE Quant Score | 162 with a range of 143 to 170 |
Average GRE Verbal Score | 162 with a range of 146 to 170 |
Q: Do I need to give interview for admission to MBA at Columbia Business School?
The international students are called for an interview after their application is shortlisted. These are some tips that the students who have been a part of CBS MBA interview:
· Columbia alum or student conducts the interview, without access to the application (only an applicant's resume if shared).
· Expect behavioural questions and discussions about your background, goals, and interest in Columbia.
· Practice mock interviews aloud using prepared stories and resume basics.
· Prepare thoughtful questions to ask the interviewer at the end.
Columbia Business School Placements 2025
The recent employment report by Columbia Business School is released for the year 2023, where its MBA graduates were given placement in companies like McKinsey & Company, Boston Consulting Group, Bain & Company, Amazon, etc. Out of all the CMS MBA graduates, 84% reported placement within three months of completing their graduation, and 92% reported placement within a year. CBS MBA graduates’ placement rate went down in comparison to the year 2022 as 95% of the graduates reported getting placed within three months of completing their graduation in the year 2022. Thirty-seven percent of the students were able to find placement opportunities on their own.
Here are the highlights of placements of the Columbia Business School MBA graduates class of 2023:
|
Columbia Business School MBA Class Particulars (2023) |
Data (2023) |
|---|---|
|
Average Median Base Salary |
USD 175,000 (INR 1.47 Cr) |
|
Average Sign on bonus |
USD 30,000 (INR 32 L) |
|
Top Employers |
· McKinsey & Company · Boston Consulting Group · Bain & Company · Amazon · Morgan Stanley |
|
Average GMAT Score (Class 2026) |
732 with a range of 600 to 780 |
|
Average GRE Quant Score (Class 2026) |
162 with a range of 143 to 170 |
|
Average GRE Verbal Score (Class 2026) |
162 with a range of 146 to 170 |
|
Average GPA (Class 2026) |
3.5 on a scale of 4.0 (UG GPA) |
|
Average Work Experience (Class 2026) |
5 Years |
(USD 1 = INR 84.45)
Here is the table showing top Industries Columbia Business School MBA graduates were hired for:
|
Columbia Business School MBA Graduates’ Top Industries (Class 2023) |
Percentage of MBA graduates |
Average Median Salary of CBS MBA graduate (2023) |
|---|---|---|
|
Consulting |
36.3% |
USD 190,000 (INR 1.60 Cr) |
|
Technology |
10.8% |
Not given |
|
Financial Services |
35.7% |
USD 175,000 (INR 1.47 Cr) |
|
Real Estate |
3.3% |
USD 145,000 (INR 1.22 Cr) |
|
Entertainment & Media |
2.0% |
USD 130,000 (INR 1.09 Cr) |
|
Consumer Products |
3.2% |
USD 120,000 (INR 1.01 Cr) |
|
Health Care |
2.6% |
USD 170,000 (INR 1.43 Cr) |
(USD 1 = INR 84.45)
Commonly asked questions On Placements
Q: What is the starting salary offered to Columbia Business School graduates?
The average median salary for a Columbia Business School MBA graduate can be USD 175,000 (INR 1.47 Cr) in industries such as Consulting, Finance, Technology, Real estate etc.
Here are the highlights of placements of the Columbia Business School MBA graduates class of 2023:
Columbia Business School MBA Class Particulars (2023) | Data (2023) |
|---|---|
Average Median Base Salary | USD 175,000 (INR 1.47 Cr) |
Average Sign on bonus | USD 30,000 (INR 32 L) |
Top Employers | · McKinsey & Company · Boston Consulting Group · Bain & Company · Amazon · Morgan Stanley · Deloitte · PwC Strategy& · JPMorgan Chase & Co. · AlixPartners |
(USD 1 = INR 84.45)
Q: What are the various companies that hire Columbia Business School graduates?
The Columbia Business School placement rate stands at 84% within the three months of graduation form this B-School, and this rate increased by the year end, 92% of the students reported placement.
The table below shows the top companies hiring the MBA graduates from Columbia Business School:
Top Companies Hiring Columbia Business School MBA Graduates |
|---|
· McKinsey & Company |
· Boston Consulting Group |
· Bain & Company |
· Amazon |
· Morgan Stanley |
· Deloitte |
· PwC Strategy& |
· JPMorgan Chase & Co. |
· AlixPartners |
Q: What is the highest package offered to MBA graduates of Columbia Business School?
According to the employment report (2023) published by CBS, the the highest package after doing an MBA from Columbia Business School was offered in Consulting industry which was a whopping average median salary of USD 190,000 (INR 1.60 Cr), followed by Healthcare industry which had an average median salary of USD 170,000 (INR 1.43 Cr).
Here is the table showing top Industries Columbia Business School MBA graduates were hired for:
Columbia Business School MBA Graduates' Top Industries (Class 2023) | Average Median Salary of CBS MBA graduate (2023) |
|---|---|
Consulting | USD 190,000 (INR 1.60 Cr) |
Technology | Not given |
Financial Services | USD 175,000 (INR 1.47 Cr) |
Real Estate | USD 145,000 (INR 1.22 Cr) |
Entertainment & Media | USD 130,000 (INR 1.09 Cr) |
Consumer Products | USD 120,000 (INR 1.01 Cr) |
Health Care | USD 170,000 (INR 1.43 Cr) |
(USD 1 = INR 84.45)
Columbia Business School Vs. The Wharton School. Which is better?
The Wharton School is the B-School of the University of Pennsylvania and Columbia Business School comes under Columbia University. Both the parent institutions enjoy the Ivy League status. A huge number of applicants apply to these schools every year.
Despite of being the best are top-notch and considered the best in the world, The Columbia Business School ranks #8, and The Wharton School ranks at #2 according to the rankings released by the QS World ranking body for the year 2025. If the point to consider is employability, according to the Employment Report 2023 published by Wharton, 97.2% of the students who were seeking employment received an offer letter within three months, while it stands at 84% for Columbia Business School.
The table compares these two best Business schools in depth:
|
Criteria |
Columbia Business School |
Wharton School |
|---|---|---|
|
Location |
New York |
Philadelphia, USA |
|
Average Starting Salary |
USD 175,000 (INR 1.47 Cr) |
USD 175,000 (1.47 Cr) |
|
Sign-On Bonus |
USD 30,000 (INR 25 L) |
USD 30,000 (INR 25 L) |
|
Acceptance Rate (Class 2026) |
8.07% |
11.8% |
|
First-Year Tuition (MBA) |
USD 88,300 (INR 74.6 L) |
USD 84,830 (INR 71.6 L) |
|
Return on Investment (ROI) Based on the Data of first-year tuition fees and the average median salary |
198.8% |
206.2% |
|
Top Companies Hiring |
· McKinsey & Company · Boston Consulting Group · Bain & Company · Amazon · Morgan Stanley · Deloitte · PwC Strategy& · JPMorgan Chase & |
· Ab Bernstein · Activision Blizzard · Adobe Inc. · Alixpartners · Alpine Investors
|
|
Ranking (QS World 2025) |
#8 |
#2 |
|
Average GPA |
3.5 |
3.6 |
|
Average GMAT Score (MBA Class 2026) |
732 |
732 |
|
Average GRE Quant Score (Class 2026) |
162 |
163 |
|
Average GRE Verbal Score (Class 2026) |
162 |
162 |
|
Placement Rate (2023) within three months of commencement |
84% |
97.2% |
(USD 1 = INR 84.45)
Columbia Business School Campus Life
Located in the heart of New York City, Columbia Business School takes pride in its location, as this location allows CBS students to attend networking events, hop on a subway and meet their dream companies, collaborate with the projects at Silicon Alley, and home to a lot of internships.
The B-school offers its students to collaborate and engage with its Diversity inclusion initiative. The campus is very international student-friendly as it offers numerous opportunities for them to hone their leadership skills. There are 80 student-led clubs present at Columbus, ranging from professional to cultural to recreational allowing the students the opportunity to connect, collaborate, and lead.
The campus has three Buildings, with Manhattanville-Kravis Hall and Manhattanville Geffen Hall which encompasses an area of 492,000 square feet which is almost double of Uris Hall: the oldest building of the B-school. The area is well-connected to public parks, retail amenities, Indian restaurants, and resources to help small businesses in the neighborhood.
The student life is a balanced mix of academic excellence and co-curricular activities. For gym enthusiasts, Dodge Fitness Centre is available to all CBS students at no additional cost.
To take care of international students, the B-School has a dedicated International Students and Scholars Office (ISSO).
Commonly asked questions On Campus Life
Q: Do Columbia Business School students live on campus?
First year students at Columbia Business School are required to live on campus unless there is an approval from Residential Life to commute. The students are also prohibited form living in fraternity and sorority houses.
Q: Does Columbia Business School have a gym?
Columbia Business School gives an utmost priority to students' wellbeing and health on campus. There is a dedicated students' health department at CBS. The fitness enthusiasts can avail the services of the Dodge Fitness Centre which is available to the CBS students at no extra cost.
Columbia Business School Notable Alumni
Henry Kravis, Warren Buffet, Mario Gabelli, and James P. Gorman are some of the Columbia Business School Graduates. This B-School is very well-renowned for its highly skilled graduates who are contributing significantly to the entire world’s economy. The Columbia Business School alumni network is of 48,000 students worldwide.
|
Columbia Business School Notable Alumni |
Professions of the Alumni |
Photos |
|---|---|---|
|
Robert F. Smith |
Business Venture Capitalist |
 \ |
|
James P Gorman |
Former CEO and current chairman of Morgan Stanley |
 |
|
Henry Kravis |
Co-founder of investment firm KKR |
|
|
Mario Gabelli |
Billionaire asset manager |
 |
|
Vikram Pandit |
Former Citigroup CEO |
|
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Student Forum
Anything you would want to ask experts?Answered a week ago
Hii Preeti,
Basically both universities are good and have the best curriculum but it there are so many factors to make a good choice. So columbia university is a prestigious educational institute so if a student can afford the expenses then he must go for columbia university. It has best curriculum
M
Beginner-Level 5
Answered 2 weeks ago
Job opportunities after MBA were,
Management consulting
Finance
Operations management
Sales
Product manager etc.
A
Contributor-Level 6
Answered 2 weeks ago
Yes . It is so easy to get partime job while studying at Columbia University . The university offers a wide range of job opportunities through the work-study programs, teaching roles etc. Also provides on campus jobs across different departments, including the library and administrative offices.
A
Contributor-Level 6
Answered 2 weeks ago
The documents required were,
Passport
I-20 form
Printed copies of payment confirmations
Passport-size photographs
Printed copies of payment confirmation
Copy of Columbia admission letter
Proof of relationship
DS-160 form
A
Contributor-Level 6
Answered 2 weeks ago
The English proficiency exams accepted by Columbia University were,
International English Language Testing System (IELTS)
Pearson Test of English (PTE)
TOEIC
Cambridge Certificate in Advanced English (CAE)
Test of English as a Foreign Language (TOEFL)
A
Contributor-Level 6
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