MIT Sloan School of Management and The Columbia School rank amongst the top 10 business schools of USA. International students can choose between them based on the career opportunities they are looking for post-degree.
| MIT Sloan School of Management | Columbia Business School | |
|---|---|---|
| Programs | UG Programs -3 PG Programs -5 Doctorate Programs -8 | PG Programs -6 |
| Cost to Study | Average Tuition Fees 57590 [For UG Program] Average Tuition Fees 192000 [For PG Program] Hostel + Meal - 14720 Per Year | Average Tuition Fees 109860 [For PG Program] Hostel + Meal - 21816 Per Year |
Top Courses Comparison
| ranking | # 5 for Business by Times Higher Education 2023 # 101 for Business by Academy Ranking of World Universities 2021 | # 11 for Business by US News 2024 # 11 for Business by Times Higher Education 2023 |
| application | #4208 Applicants # 484 Admissions # 11 % Acceptance Rate | #6535 Applicants # 1215 Admissions # 18 % Acceptance Rate |
| exam scores | GMAT - 720/800GRE updated - 311/340IELTS - 7/9TOEFL - 90/120 | GMAT - 700/800GRE updated - 310/340IELTS - 7.5/9TOEFL - 100/120 |
| Admission Criteria/Better to Have | GPA of 3.62 and preferably a 730 GMAT Score. Average Work Experience required around 5 years. |
|
| cost to study | Total Cost (Tuition + Living) -80400 | Total Cost (Tuition + Living) -80472 |
| Return on Investment/Average Package | #Average Salary135000 | #Average Salary150000 |
| documents required | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose |
| application dates | Apr 3, 2023 (Application Decision Deadline Round 2) Apr 11, 2023 (Application Deadline For 2024 Intake Round 3) May 18, 2023 (Application Decision Deadline Round 3) | Apr 5, 2023 (Application Deadline For August 2023 Intake) Sep 28, 2023 (Application Deadline For January 2024 Intake) |
Other Popular Comparisons
MIT Sloan School of Management and The Columbia School are considered to be the top business schools of USA. Choosing between both of them depends on the type of career you want to get into. Here are some comparison points that an international students can consider before applying for MBA in USA:
MIT Sloan scores better than The Columbia School on all parameters, as per MBA ranking published by some of the popular agencies like QS News, THE and Financial Times.
Despite having same admission criteria for MBA ie. GPA, GMAT and IELTS/TOEFL scores, Columbia Business School has higher acceptance rate than MIT Sloan School of Management. Some difference in the admission requirements of both business schools of USA are:
- MIT Sloan requires only 1 LOR whereas Columbia Business School asks for 2 recommendations.
- In addition to written essays, MIT also asks for a video essay but Columbia Business School has no such additional requirements.
Columbia Business School’s MBA class of 2020 had 44% study abroad aspirants which almost constitutes the half of class. On the other hand, MBA class of MIT Sloan had 33% of international students. Thus, the community of international students at Columbia Business School is more vast.
Although Columbia Business School admits more number of students in a single batch ie. approx 800 than MIT Sloan (aprox 400), its class is divided into more than 10 clusters. Hence, students get more opportunities to interact with faculty and overall experience is much more personal.
Graduates of MBA in Columbia Business School get 30,000 less salary than MIT Sloan graduates. Placement rate of MIT is also slightly higher than Columbia.
An analysis of MBA students from the business schools demonstrated that MIT Sloan’s MBA graduates get more opportunities in tech sector whereas Columbia Business School graduates are often employed for finance related positions.
Looking at rankings, placements rate, salaries and post-graduate work opportunities, MIT Sloan School of Management is more prestigious than Columbia Business School. However, Columbia Business School is more easier to get into.
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