A comparative analysis of the MBA program of two of the top ranking business schools of USA, Yale School of Management and Columbia Business School is discussed below to help international students make a better choice.
| Columbia Business School | Yale School of Management | |
|---|---|---|
| ranking (overall) | # 8 Financial Times 2020 # 9 Financial Times 2019 # 7 Financial Times 2018 | # 4 Financial Times 2021 # 14 Financial Times 2020 # 11 Financial Times 2019 |
| Programs | PG Programs -6 | PG Programs -14 Doctorate Programs -3 |
| Cost to Study | Average Tuition Fees 109860 [For PG Program] Hostel + Meal - 21816 Per Year | Average Tuition Fees 79500 [For PG Program] Hostel + Meal - 22214 Per Year |
Top Courses Comparison
| ranking | # 11 for Business by US News 2024 # 11 for Business by Times Higher Education 2023 | # 8 for Business by US News 2024 # 9 for Business by Times Higher Education 2023 |
| application | #6535 Applicants # 1215 Admissions # 18 % Acceptance Rate | #2156 Applicants # 345 Admissions # 16 % Acceptance Rate |
| exam scores | GMAT - 700/800GRE updated - 310/340IELTS - 7.5/9TOEFL - 100/120 | GMAT - 690/800GRE updated - 322/340IELTS - 7/9PTE - 70/90TOEFL - 100/120 |
| Admission Criteria/Better to Have |
| GPA of 3.66 average and preferably 720 GMAT Score. Average Work Experience required around 5 years. |
| cost to study | Total Cost (Tuition + Living) -80472 | Total Cost (Tuition + Living) -74500 |
| Return on Investment/Average Package | #Average Salary150000 | #Average Salary150000 |
| 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) | Mar 24, 2023 (Decision Deadline for 2023 Intake Round 2) Apr 11, 2023 (Application Deadline for 2023 Intake Round 3) May 18, 2023 (Decision Deadline for 2023 Intake Round 3) |
Other Popular Comparisons
Despite having lower ranking, Yale School of Management is considered to be a bigger brand name for pursuing MBA degree than Columbia Business School. There’s not much difference in the ranking of both business schools too. According to FT 2020 MBA ranking, both dropped a position lower since 2019.
Placement record of both Yale SOM and CBS is also approximately the same and approx 90% of MBA graduates of both these business schools get placed within 3 months of graduation. Only difference is that CBS graduates get paid slightly higher than Yale SOM.
Majority of the MBA graduates from Yale SOM get placed in consultancy sector whereas Columbia Business School graduates are hired majorly for finance and banking sector.
If we look at all other factors except specialization such as acceptance rate, eligibility, cost of study, ranking, etc, both these business schools have almost equal standing. So, international students should choose between them depending upon what future career prospects are they looking for.
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