Master of Business Administration [M.B.A]
Field of Study:
₹3.9 L/Yr
Offered By:
MBA at Columbia University ranks #2 as per Financial Times MBA Rankings 2022. The MBA degree is available in two main modes- full-time MBA and Executive MBA. The full-time MBA program is AACSB accredited.
- Application & Deadlines: Columbia University MBA deadlines are open. January 2023 deadline is September 28. August 2023 intake deadline is September 28 (Early deadline) and April 5 (Final deadline). Applications are to be submitted online with an application fee of 250 USD.
- Admissions: The average age of MBA students at Columbia Business School is 28 years. Admissions for MBA are quite competitive. Columbia University MBA acceptance rate is 18.5% (2021). The competitive admission profile includes a GPA of 3.5 along with GMAT score of 700+. Around 3 years of work experience should ideally be demonstrated to increase the chances of admission.
- Cost & Placements: Columbia University MBA fees are $80,472 per year. The 2021 employment reports indicate that 94% MBA graduates of Columbia received job offers. The average base salary is $150,000. Top recruiters for Columbia MBA graduates are McKinsey&Company, Boston Consulting Group, Amazon, Bain & Company, and Deloitte Consulting.
Course Curriculum Description
At Columbia Business School, students get to learn from both full-time professors and practitioners. They use teaching methods like case-based lessons and collaborative learning models. The curriculum for MBA at Columbia University includes:
- The Full-time MBA program is offered over the course of four terms
- The curriculum consists of 18 required core coursework and a minimum of 42 credits of electives coursework.
- More than 300 electives are offered at Columbial. Some of the most popular are Analytics in Action, Financial Statement Analysis and Valuation, Organizational Change, and Technology Strategy.
- Students have the option to choose their own electives or select from the School’s recommended courses for common career paths.
Check: Student Reviews
Dual Degree/Joint Program Options: Students have the option to combine their Columbia MBA with a professional degree such as Law, Engineering, International Affairs or Social Work. Dual degree tracks available for students at Columbia University include MBA and MS in Urban Planning, MBA and MPH, MBA and MS in Industrial Engineering, and JD and MBA.
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Tuition Fees
Year | 1st Year Fees |
---|---|
Tuition Fees | ₹390289 (MXN 80472) |
Other Expenses
Head | Avg Cost Per Year |
---|---|
Living Expenses | ₹120387 |
Total Cost | ₹148599 |
Health Insurance | ₹26660 |
Books and supply | ₹1552 |
The table below provides an estimated cost of studying MBA at Columbia Business School –
Post-Admission Cost:
All admitted students need to submit two nonrefundable tuition deposits to secure their place before admission. These deposits will be applied towards first-semester tuition and fees.
- Students admitted for January entry should submit 2,000 USD as the first deposit (within two weeks of admission). The second deposit of 1,000 USD must be submitted by November 9, 2022.
- August Entry (Early decision deadline) students are required to submit a deposit fee of 6,000 USD within 2 weeks of admission. The second deposit fee of 1,000 USD should be submitted by April 3, 2023.
- Tuition deposit fee of 2000 USD for August Entry (Regular decision deadline) students is due within 2 weeks of admission. A second deposit fee of 1,000 USD should be submitted by May 24, 2023
Check: MBA Scholarships in USA
Eligibility & Entry Requirement
Indian students applying for MBA at Columbia University need to fulfill the following eligibility requirements:
Academic Requirements:
- A bachelor’s degree or its equivalent from an accredited institution
- Undergraduate GPA of 3.5/4.0
Essay Questions:
- Three essay questions-
- Essay 1: Theme is career goals over the next 3 to 5 years. (500 words)
- Essay 2: How Columbia Business School is a good fit for you? ( 300 words)
- Essay 3: Around favourite books, hobbies, movies. (250 words)
- One short answer question- Immediate goal post-MBA completion? (50 Characters)
Interview:
- Not mandatory for all applicants; depends on the application
- Conducted by an alumni member in an applicant’s geographical area.
Scores Required
3.6 / 4
Minimum gpa
GPA
Required Document List
Following documents are required for admission to MBA at Columbia Business School:
- Academic Transcripts
- GMAT/GRE exam report
- Resume
- 3 Essays and one short answer question
- 1 Professional Letter of Recommendation
Sample for MBA | Academic LOR Sample |
Professional LOR Sample | Resume Sample |
Course Guides
Executive MBA in USA: Top Universities, Admissions, Fees, Scope
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Masters in Management in USA: Fees 2023, Top Colleges, Placements & Salaries
MBA in Finance in USA: Top Colleges, Cost, Admission Requirements, Scholarships, Scope
MBA in USA Colleges, Fees, Scholarships, Salary
MBA in USA without GMAT: Top Universities, Admission Requirements, Deadlines, FAQs
Career and Placement after Course
Columbia MBA Class of 2021 received an average base salary of 150,000 and a signing bonus of 30,000. 94% of students from the MBA class of 2021 got job offers within 3 months of graduation. Of this, 56% of students secured full-time jobs through school-facilitated internships.
@Columbia Business School Employment Report 2021
The table below details the average base salary by function offered to Columbia MBA graduates:
Function | Salary (USD) |
---|---|
Consulting | 137,500 - 165,000 |
Finance | 124,000 - 147,500 |
Financial Services | 140,000 - 150,000 |
Management | 116,000 - 144,500 |
Marketing | 130,000 - 144,500 |
Real Estate | 120,000 - 142,500 |
Columbia MBA class of 2021 are working in companies like J.P. Morgan Chase & Co.,
Morgan Stanley, American Express, Deloitte Consulting, Goldman Sachs, Google, Apple, Estee Lauder Companies among others.
Read: Jobs after MBA in USA
Scholarship Grants & Financial Aids
Name | Scholarship Per Student | Level of Study | Type | |
---|---|---|---|---|
Shardashish Interschool fellowship | Scholarship per student₹ 2.4 L/Yr$50,000 | Level Of StudyMaster | TypeCollege-Specific | |
Ritchie-Jennings Memorial Scholarship Program | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
TEC Scholarship | Scholarship per student₹ 4,850/Yr$1,000 | Level Of StudyBachelor | TypeMerit-Based | |
Narotam Sekhsaria Scholarships | Scholarship per studentVariable Amount | Level Of StudyMaster | TypeMerit-Based | |
QS scholarships | Scholarship per studentVariable Amount | Level Of StudyBachelor | TypeMerit-Based | |
Susan R. Meisinger Fellowship For Graduate Study in HR | Scholarship per student₹ 97,000/Yr$20,000 | Level Of StudyMaster | TypeMerit-Based |
Programs Comparison
application | #6535 Applicants # 1215 Admissions # 18 % Acceptance Rate | #10351 Applicants # 941 Admissions # 11 % Acceptance Rate | #7158 Applicants # 916 Admissions # 12 % Acceptance Rate | #4208 Applicants # 484 Admissions # 11 % Acceptance Rate | #4909 Applicants # 621 Admissions # 12 % Acceptance Rate | #3652 Applicants # 1059 Admissions # 29 % Acceptance Rate | #3600 Applicants # 1080 Admissions # 30 % Acceptance Rate | #2156 Applicants # 345 Admissions # 16 % Acceptance Rate | #2795 Applicants # 559 Admissions # 20 % Acceptance Rate |
exam scores | GMAT - 700/800GRE updated - 310/340IELTS - 7.5/9TOEFL - 100/120 | Duolingo - 130/160GMAT - 730/800GRE updated - 326/340IELTS - 7.5/9TOEFL - 109/120 | GMAT - 730/800GRE updated - 324/340IELTS - 6.5/9TOEFL - 100/120 | GMAT - 720/800GRE updated - 311/340IELTS - 7/9TOEFL - 90/120 | GMAT - 600/800IELTS - 7.0/9PTE - 54/90TOEFL - 100/120 | Duolingo - 120/160GMAT - 700/800IELTS - 7/9PTE - 70/90TOEFL - 100/120 | GMAT - 700/800GRE updated - 270/340IELTS - 7.5/9TOEFL - 105/120 | GMAT - 690/800GRE updated - 322/340IELTS - 7/9PTE - 70/90TOEFL - 100/120 | GMAT - 700/800GRE updated - 326/340IELTS - 7/9TOEFL - 100/120 |
Admission Criteria/Better to Have |
| - | GPA of 3.6 average and preferably 722 GMAT Score. Average Work Experience required around 5 years. | GPA of 3.62 and preferably a 730 GMAT Score. Average Work Experience required around 5 years. | GPA of 3.6 average and preferably 724 GMAT Score. Average Work Experience required around 5 years. | - | GPA of 3.5 average and preferably 750 GMAT Score. Average Work Experience required around 5.6 years. | GPA of 3.66 average and preferably 720 GMAT Score. Average Work Experience required around 5 years. | - |
cost to study | Total Cost (Tuition + Living) -INR 390289.2 | Total Cost (Tuition + Living) -INR 356184 | Total Cost (Tuition + Living) -INR 411638.9 | Total Cost (Tuition + Living) -INR 389940 | Total Cost (Tuition + Living) -INR 363357.15 | Total Cost (Tuition + Living) -INR 381695 | Total Cost (Tuition + Living) -INR 319421 | Total Cost (Tuition + Living) -INR 361325 | Total Cost (Tuition + Living) -INR 379638.6 |
Return on Investment/Average Package | #Average SalaryINR 727500 | #Average SalaryINR 557750 | #Average SalaryINR 727500 | #Average SalaryINR 654750 | #Average SalaryINR 703250 | #Average SalaryINR 727500 | #Average SalaryINR 513615 | #Average SalaryINR 727500 | #Average SalaryINR 904224.3 |
documents required | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose | #Letter of Recommendation + Statement of Purpose |
ranking | # 11 for Business by US News 2024 # 11 for Business by Times Higher Education 2023 | - | # 14 for Business by Times Higher Education 2023 # 3 for Business by Academy Ranking of World Universities 2021 | # 5 for Business by Times Higher Education 2023 # 101 for Business by Academy Ranking of World Universities 2021 | # 13 for Business by Times Higher Education 2023 # 51 for Business by Academy Ranking of World Universities 2021 | # 24 for Business by Times Higher Education 2023 # 32 for Business by Academy Ranking of World Universities 2021 | - | # 8 for Business by US News 2024 # 9 for Business by Times Higher Education 2023 | # 7 for Business by Bloomberg 2024 # 26 for Business by Times Higher Education 2023 |
application dates | Apr 5, 2023 (Application Deadline For August 2023 Intake) Sep 28, 2023 (Application Deadline For January 2024 Intake) | - | Mar 29, 2023 (Application Deadline Round 3 For 2023 Intake) Apr 13, 2023 (Interview Invitation For Round 3) May 10, 2023 (Decision Release Date) | 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) | Jan 5, 2024 (Round 2 Document Submission Deadline) Apr 11, 2024 (Round 3 Document Submission Deadline) | Jan 15, 2023 (Fall 2023 Application Deadline 1) Mar 15, 2023 (Fall 2023 Application Deadline 2) Apr 1, 2023 (Notification Deadline for Round 1) Jun 1, 2023 (Notification Deadline for Round 2) | Jun 14, 2021 (Round 3 for Jan Intake) Jul 26, 2022 (Round 4 for Jan Intake) Sep 6, 2022 (Round 1 for Aug Intake) Nov 15, 2022 (Round 2 for Aug 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) | Apr 5, 2023 (Round 3 Application Deadline) |
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