| Columbia Business School | University of Chicago Booth School of Business | |
|---|---|---|
| Programs | PG Programs -6 | PG Programs -15 Doctorate Programs -9 |
| Cost to Study | Average Tuition Fees 109860 [For PG Program] Hostel + Meal - 21816 Per Year | Average Tuition Fees 72000 [For PG Program] Hostel + Meal - 15726 Per Year |
Top Courses Comparison
| ranking | # 11 for Business by US News 2024 # 11 for Business by Times Higher Education 2023 | # 13 for Business by Times Higher Education 2023 # 51 for Business by Academy Ranking of World Universities 2021 |
| application | #6535 Applicants # 1215 Admissions # 18 % Acceptance Rate | #4909 Applicants # 621 Admissions # 12 % Acceptance Rate |
| exam scores | GMAT - 700/800GRE updated - 310/340IELTS - 7.5/9TOEFL - 100/120 | GMAT - 600/800IELTS - 7.0/9PTE - 54/90TOEFL - 100/120 |
| Admission Criteria/Better to Have |
| GPA of 3.6 average and preferably 724 GMAT Score. Average Work Experience required around 5 years. |
| cost to study | Total Cost (Tuition + Living) -80472 | Total Cost (Tuition + Living) -74919 |
| Return on Investment/Average Package | #Average Salary150000 | #Average Salary145000 |
| documents required | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose |
| application dates | Apr 5, 2023 (Application Deadline For August 2023 Intake) Sep 28, 2023 (Application Deadline For January 2024 Intake) | Jan 5, 2024 (Round 2 Document Submission Deadline) Apr 11, 2024 (Round 3 Document Submission Deadline) |
Other Popular Comparisons
UC Booth Business School ranked #3 as per US News 2021 Best Business School Rankings while as per Financial Times MBA rankings 2020 ranked UC Booth School of Business #10.
Columbia Business School performed better at Financial Times MBA rankings 2020 and scored a position of #8 while among US News 2021 Best Business School rankings, it ranked #8.
Apart from rankings, now let us look at the other aspects to consider when planning to choose between an MBA at UC Booth School of Business and an MBA at Columbia Business School.
- 90% of the MBA class at Columbia Business School was offered employment within 3 months of graduation. However, 95% of the MBA class at Chicago Booth was offered employment within 3 months of graduation.
- The salary increase observed by MBA graduates of the Chicago Booth School of Business was better than Columbia Business School. The former observed a hike of 123% while the latter saw a salary increase of 115%.
- The location of both the business schools are premier and ensure great future aspects to the graduates. Studying in New York City or California, the choice will highly depend on a student’s budget, lifestyle choices, and future aspects that they wish to discover. Though both cities offer equal opportunities to MBA graduates.
- Getting admissions to both the universities is equally difficult and scores required to get into either of the two business schools are equally competitive
Choosing between MBA at Columbia Business School or UC Chicago Booth is highly dependent on a student’s preferences. Hence, having the above-mentioned aspects into consideration can help students to make a more informed choice.
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