New York City, New YorkLocation
    SchoolSchool type
    EStd 1916established year

    Columbia Business School: Rankings, Courses, Admissions, Tuition Fee, Cost of Attendance & Scholarships

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    Anam Shams

    Content Curator

    Columbia Business School is one of the prestigious graduate business schools in the world that attracts students from different countries to pursue their studies here and has nearly 44,000 alumni. A renowned name amongst business schools in US, it offers some highly ranked unparalleled business programs like MBA, MS in Accounting and Fundamental Analysis, MS in Financial Economics and MS in Marketing Science, among others.

    Admissions at Columbia Business School are offered on a rolling basis round the year. Though the students enroll at the institute majorly in either August or January, however, more than 70 percent of the full-time MBA students begin their studies in the fall term.

    Each year, more than 6,000 applicants send in their entries to the institute but merely 18% of them are admitted. This reflects the school's low rate of acceptance and hence no compromise on the standard of education imparted which makes it one of the highly selective institutes to study in the USA.

    Columbia Business School Rankings

    • The institute has been honored as #8 in the category of Best Business Schools conducted by US News 2020.
    • Columbia's MBA program was in the 7th position by Forbes, 7th by Bloomberg Businessweek, and at 6th position by the U.S. News & World Report.
    • In terms of the global rankings, the Business School was ranked at 15th position by The Economist in 2019.
    • Being a part of the prestigious Columbia University puts Columbia Business School in the limelight for its various educational business degree programs that are ranked as the best by some of the worlds reputed educational organizations and publications including the Times Higher Education.
    • A glance at recent ranking highlights of Columbia Business School are:
    Ranking Agency/Publication
    #12 in Best Universities for Business Degrees Times Higher Education 2021
    #8 in Best Business School US News 2021


    Established 1916
    Location New York
    Percentage of international students 40-60% (depends on the semester)
    Major area of study MBA
    Application Season Rolling admissions
    Application Fee Vraies
    Acceptance Rate 18%
    English language proficiency score TOEFL or equivalent
    Financial Aid Student Loan, Fellowships, scholarships
    Helpdesk 212-854-3587
    Official Website Columbia Business School

    Columbia Business School Campus and Accommodation

    • Columbia Business School campus is a part of Columbia University located in Uris Hall, at the center of Columbia's Morningside Heights campus.
    • The building has schools for graduates, research centres, housing and community spaces.
    • The university 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.
    • It consitss of the auxiliary space, Warren Hall, which is located on Amsterdam Avenue and is shared with the law school.
    • It also has a Columbia Business School Follies which is the students club that through the academic year works towards writing, choreographing and producing comedy skits and dramas.

    Accommodation by Columbia Business School 

    • All the students except the Master of Science in Marketing Science students are eligible for Columbia University student housing. Columbia Residential offers housing to the eligible students in specific academic programs.
    • The students doing Master of Science in Marketing Science program will get access to the Off-Campus Housing Assistance (OCHA) database once their application has been accepted.
    • There are more than 150 apartment buildings, with the majority of the units located in the Morningside Heights, Manhattan Valley and Manhattanville neighborhoods, between 103rd Street and 125th Street.
    • The cost of the studio Share or One Bedroom Share is almost USD 1,100 while the cost of Two or Three Bedroom Share ranges from USD 1,000 to USD 1,200

    Columbia Business School Programs

    • The institute offers a plethora of courses for international students at undergraduate, graduate and doctoral level where they get a chance to choose from an MBA, executive MBA, Master of Science Program, among many other programs.
    • The Master of Science Program includes MS in Business Analytics, MS in Financial Engineering, MS in Management Science and Engineering, Ph.D in Industrial Engineering and Operations Research Program and MS in Operations Research and MS in Industrial Engineering.
    • The PhD Programs offered at the Columbia Business School is a full-time program and the school does not have any part-time course of study. The average duration of the program is five to six years.
    • Various guest lecturers, programs like Executives in Residence, and the Silfen Leadership Series are offered to the students so that they can get real-world insights on a regular basis.
    • Columbia Business School is the business school of Columbia University that offers an array of business and business-centered programs at undergraduate, masters, doctoral, research and predoctoral level to candidates.
    • The school only offers full-time and online mode of programs and candidates cannot opt for part-time because of the extreme competitive and challenging nature of the programs.
    • The area of academic for the various degree programs includes accounting, decision, risk, and operations, finance and economics, management and marketing.
    • The undergraduate programs at the Columbia Business School is offered in joint collaboration with the Mendelson Center and it also offers specialization in various areas at the undergraduate level prepping them at early stage for further graduate and executive programs.
    • The masters programs which is holds outstanding reputation globally is basically offered in the areas of business analytics, financial engineering, management science and engineering, industrial engineering and operations research program, operations research.
    • MBA and Executive MBA are also the most preferred programs by various business experts along with the PhD programs in various areas of business, finance, accounts, marketing and economics.
    • In accordance to this, Columbia Business School also has an excellent pre-doctoral research programs that prepares candidates for future graduate and doctoral programs widening and broadening their research and education horizon.
    • Besides providing with the world-class research and education degree programs, Columbia Business School also host seminars, workshops, guests lecture in collaboration with the experts around the globe offering an unparallel and unique experience to its candidates.

    Columbia Business School Application Process

    How to apply?

    Application Portal: Apply online at the official website.

    Application Fee:

    • USD 250 (for MBA)
    • USD 100 (for Ph. D program)
    • USD 85 (Master of Science Program)

    Basic Admission Requirements

    • Official transcripts
    • International student financial statement
    • Resume and Work Experience
    • Letter of recommendation
    • Essay
    • Proof of English proficiency like TOEFL, IELTS for non-native English speakers
    • SAT/ACT or GMAT/GRE as required (Median GMAT score- 740)

    Admission Deadlines

    Columbia Business School follows a rolling admissions process. However some of the deadlines observed by the institute are:

    • For MBA- Entry date is August 2020; while final date for admission is June 1, 2021
    • For Executive MBA- Entry date is August 2020; while the final date for admission is June 1, 2021
    • For Ph. D admissions- Entry date is August 2020; while the deadline was January 7th 2021.
    • For The Master of Science Program- rolling admissions

    Columbia Business School Cost of Attendance

    For all the prospective candidates of the school hoping to enroll in the coming seasonal term, an estimated budget for international students looking to study in the US is as mentioned below.

    Item Amount (USD)
    Tuition 77,376
    Mandatory fees 3,847
    Health Services & Insurance 4,601
    Books & Supplies 954
    Room & Board 21,375
    Personal Expenses 6,066
    Total 114,219

    Total Executive MBA tuition and fees - May 2020- August 2020 and January 2021 entry: USD 213,240

    Scholarships/Financial Aid by Columbia Business School

    The institute offers various kinds of financial support in the form of awards, grants and scholarships for international students to study in the 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.

    Soem of the stdyentships abaialble for the apsirants are as compiled below.

    • Merit-Based Scholarships
      • Full-Time MBA
      • For- August entry Full-time MBA students.
      • Amount- 10,000 USD
    • Forte Foundation Scholarship
      • For- Female MBA students
      • Second-year Fellowship
      • For- Second year students with academic excellence.
      • Amount- Not mentioned.
    • Summer Internship Fellowships
      • Social Enterprise Summer Fellowships
      • Toigo Fellowship
      • (These are internships providing students financial aid in the form of stipend).
    • Need-Based Scholarships
      • For- Full-time MBA students.
      • Amount- average amount awarded to students is 20,000 USD.

    In case you are paying your way, then there are several loan sources which can be considered including:

    • Federal and/or private loans for US students
    • Private loans with a US co-signer, for international students
    • Private loans with no cosigner, for international students

    The deadline for Merit Fellowship Deadline is January 3, 2020, while the final date for the same is June 1, 2020.The 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.

    Alumni Network

    • The Career Management Center (CMC) at Columbia Business School helps all the segments of the MBA talent pool, MBA students, EMBAs, and the more than 46,000 global Alumni in achieving their future goals.
    • Some of the benefits B-School alumni include lifetime email forwarding, executive education, career management, additional resources, among others.
    • Post completing the graduation, 92% of students get employed within three months.
    • The average starting salary of a graduate is almost USD 125,000.
    • Some of the notable alumni include Robert Agostinelli, Founder of Rhône Group; Mitch Albom, American best-selling author; Robert Amen, CEO of International Flavors and Fragrances; Robert Bakish, President and CEO of Viacom

    Columbia Business School Placements

    The Columbia Business School offers unlimited opportunities to the students to work on campus. They can become Teaching Assistants, Tutors or Research Assistants. The Eugene Lang Entrepreneurship Center offers summer stipend to the students so that they can gain experience by working in different organizations during the summers.

    Each MBA student gets 20 lifetime hours of free peer tutoring for core courses and the pre/co-requisite finance elective, Capital Markets and Investments. Tutors get USD 30/hour for a single student session, USD 40/hour for 2-6 students, while USD 50/hr will be offered to 7+ students. The hours are flexible and will be decided among the tutor and the student.

    The students can check full application instructions and eligibility requirements by referring to the official website.

    • Columbia Business School has a Career Management Center (CMC) designed for students, graduates, alumni to help kickstart their career.
    • The CMC has excellent career development tools, services and lots of connections that assist in developing better network.
    • Along with this, the center also has team of experts that offers guidance and expertise at professional level in navigating the career path.
    • In addition to this, the business school also has separate subscription platform where candidates can sign-in to gain access and develop their network and for job-hunting.
    • Besides these, a glance at Columbia Business School graduates and alumni working as professional in various sectors (as per
    Job Position Average Salary (USD)
    Legal Department 200,000
    Legal and Paralegal 195,00
    Financial Services 150,000
    Sales and Business Development 135,000
    IT and Software Development 132,000
    Executive Management and Change 125,000
    • A glance at Columbia Business School graduates getting salary/year depending on their degree and qualification (as per
    Degree/Qualification Average Salary (USD)
    Bachelors 500,000
    Other Degree 280,000
    Doctorate 230,000
    Executive MBA 191,000
    LLM 161,000
    Executive Masters 152,000

    The highest paying program at Columbia Business School is bachelor’s degree worth annual average salary of $500,000 and executive masters students earn $93,000 annually, whereas looking at the employment sector, the legal department division benefits at average annual salary of $200,000 and lowest is executive management and change with $125,000 annually.

    $ 77,3761st YEAR

    2 years

    Course Duration

    Jun 01

    Application Deadline


    ENTRY Requirement

    Degree Available


    8.8 / 10

    Master of Science [M.Sc] Financial Economics

    full time | co-op | Course Based
    $ 50,4961st YEAR

    1 year

    Course Duration

    Jan 07

    Application Deadline

    $ 50,4961st YEAR

    1 year

    Course Duration

    Feb 15

    Application Deadline


    Columbia Business School Overview

    Insitution type
    Columbia University
    Student Population
    Application Cost
    Average Cost of Attendance
    $50,496 / Year

    Columbia Business School comparison

    Columbia Business SchoolThe Wharton SchoolHarvard Business SchoolMIT Sloan School of ManagementINSEAD - The Business School for the WorldYale School of ManagementKellogg School of ManagementUniversity of Chicago Booth School of BusinessStern School of Business
    programsPG Programs -4
    PG Programs -3
    Doctorate Programs -7
    PG Programs -2
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    UG Programs -3
    PG Programs -3
    Doctorate Programs -8
    UG Programs -1
    PG Programs -3
    Doctorate Programs -1
    PG Programs -2
    Doctorate Programs -3
    PG Programs -5
    Doctorate Programs -9
    PG Programs -16
    Doctorate Programs -9
    UG Programs -2
    PG Programs -4
    cost to studyAverage Tuition Fees   50496 USD
    [For PG Program]
    Hostel + Meal - 21816 USD Per Year
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    Hostel + Meal - 38286 USD Per Year
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    Hostel + Meal - 23010 USD Per Year
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    [For UG Program]
    Average Tuition Fees   17800 USD
    [For PG Program]
    Hostel + Meal - 14720 USD Per Year
    Average Tuition Fees   35150 USD
    [For UG Program]
    Average Tuition Fees   92870 USD
    [For PG Program]
    Hostel + Meal - 16508 USD Per Year
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    [For PG Program]
    Hostel + Meal - 22214 USD Per Year
    Average Tuition Fees   108918 USD
    [For PG Program]
    Hostel + Meal - 16047 USD Per Year
    Average Tuition Fees   72000 USD
    [For PG Program]
    Hostel + Meal - 15726 USD Per Year
    Average Tuition Fees   54896 USD
    [For UG Program]
    Average Tuition Fees   36720 USD
    [For PG Program]
    collegedunia reviews8.7/10 Read 3 reviews8.8/10 Read 3 reviews8.5/10 Read 16 reviews8.9/10 Read 6 reviews9.1/10 Read 3 reviews8.9/10 Read 3 reviews8.8/10 Read 8 reviews8.3/10 Read 4 reviews8.6/10 Read 7 reviews
    ranking (overall)# 8 Financial Times 2020
    # 9 Bloomberg 2019
    # 9 Financial Times 2019
    ---# 1 Financial Times 2021
    # 3 Financial Times 2019
    # 2 Financial Times 2018
    # 4 Financial Times 2021
    # 14 Financial Times 2020
    # 11 Financial Times 2019
    # 6 Financial Times 2021
    # 11 Financial Times 2020
    # 10 Bloomberg 2019
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    Admission & dates

    Fall Admissions Deadlines

    January 6

    Application deadline

    Final Deadlines

    April 9

    Application deadline

    Test Scores For International Applicants

    ExamsAvg. ScoreMin ScoreMax. Score%Submitted
    Language Proficiency

    Attendance Cost


    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

    Tuition fees
    Post Graduate Program
    $50,496 / Year
    On Campus
    Room and Board
    $21,816 / Year

    Top Accreditations [Institutional & Program Wise]

    Program wise accreditation
    Business Programs
    Association to Advance Collegiate Schools of Business


    Times Higher Education logo

    Times Higher Education

    RANKED #18

    Economics (International)

    College Rating

    Based on 3 Students Rating

    8.7 out of 10
    9.0/10Social Life


    8.8 /10

    I was sure that I want to do my MBA from a really good and reliable institute that gives me good placements and Columbia business school is one of the few institutions that offer highly ranked unparalleled business programs like MBA so I started with my application process. The application fee was quite high but then I had to get admission into this college. So I happily spent my $200 on the application.

    Course Curriculum :

    The course here is good, it can be better as I feel a lot of unnecessary pressure is thus put on me and my classmates and it can be reduced but then again I do not complain as it's for my better future only.

    8 /10 academic/food
    9 /10 faculty
    9 /10 infrastructure
    9 /10 accomodation
    9 /10 placement
    9 /10 extracurricular
    8.7 /10

    I always wanted to settle abroad so I asked a friend about the best college in NYC. As his brother was in the same college, he told me that it is one of the best colleges that provide masters in business administration. I had to pay $250 for the online admission form.

    Course Curriculum :

    I had to open up my mind and think out of ordinary to keep up with others. It was like having fun and learning at the same time. There were many web seminars for us, many guest lectures from the field and online sessions as well. We were given the opportunity to visit different-different companies and get to know how things are done at the company.

    8 /10 academic/food
    9 /10 faculty
    9 /10 infrastructure
    8 /10 accomodation
    9 /10 placement
    9 /10 extracurricular
    8.7 /10

    Most important for me was to get into a top B-school and Columbia is part of the elite M-7 and what sets it apart from other top schools is that its located in New York and has a lot of connections there which definitely helps as a management graduate. Also if you see notable alumni you can't resist the temptations to come here. The application process was very simple (completely online), the fee for the application was $250.

    Course Curriculum :

    I think the school's curriculum is among the best because it keeps up with the pace of the dynamically changing business world and prepares the students to be the master of there fields. What I am learning is to get perspective and to further better my career as well as my personal life.

    9 /10 academic/food
    9 /10 faculty
    7 /10 infrastructure
    8 /10 accomodation
    10 /10 placement
    9 /10 extracurricular
    1125 Amsterdam Ave, New York, NY 10025

    Nearby this campus

    • Bus Station
    • Airport

    Bus Station

    Broadway/W 119 St0.09 km
    Amsterdam Av/W 120 St0.12 km
    Broadway/West 120 St0.14 km
    Amsterdam Av/W 118 St0.16 km
    Show More


    East 60th Street Heliport1.11 km
    Pan Am Building Heliport6.31 km
    West 30th Street Heliport7.17 km
    East 34th Street Heliport7.46 km
    Show More

    *All distance are measured radially. Actual distance may vary

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