[Upgraded] Columbia Business School MBA – Cost, Scholarship, Requirements

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Columbia Business School MBA
Credit: Hieu An Tran

Columbia Business School MBA

Introduction

  • The Columbia Business School MBA program helps students in acquiring the essential skills of the business market. You are guaranteed to grow as a professional as you’ll learn many significant things during the MBA program.
  • The goal is to convert students into successful businessmen. All students of the MBA program are highly important and individualized feedback is given to all of them.
  • Students of the MBA program get to make connections with big organizations that are recruiting members every year.
  • The teachers of the MBA program are highly experienced and they share their personal business ventures to help students develop a better understanding of how the business market works.

List of Courses Offered

The program is divided into two parts; the electives and the core courses. Unlike most of the MBA programs, the Columbia Business School MBA program is comprised of 70% of elective courses and only 30% of core courses.

Following is the list of core courses offered at the MBA program:

  • Managerial Statistics
  • Business Analytics
  • Strategy Formulation
  • Marketing
  • Lead: People, Teams, Organizations
  • Financial Accounting
  • Corporate Finance
  • Global Economic Environment
  • Managerial Economics

Duration

  • The Columbia Business School MBA program is targeted to be completed in 2 academic years.

Cost Structure

  • The cost of tuition is the same for both local and international students. You can expect to pay about $74,400 per academic year for tuition.

Eligibility Requirements

  • Academic background: A transcript of your bachelor’s degree from an accredited university is required to be submitted.
  • Work Experience: The students of the MBA program are not required to have any professional work experience prior to their enrollment in the MBA program.
  • Language: International students applying for the MBA program are required to submit a test score in either the IELTS or TOEFL.

Accreditation

  • The Columbia University, Columbia Business School is accredited by AACSB, the accreditation agency for Schools of Business worldwide.

Rankings

  • Columbia Business School was ranked#6 for the MBA rankings by Forbes.
  • Columbia Business School was ranked#9 for the MBA rankings by Bloomberg BusinessWeek.
  • Columbia Business School was ranked#9 for the MBA rankings by U.S News & World Report.

GMAT Requirements

  • The students of the MBA program must submit a competitive score in the GMAT. If an applicant of the MBA program does not want to submit a GMAT score, they can submit a GRE score instead.

Class Profile

  • The GPA score of students of the MBA program range from 3.3-3.8.
  • The average undergraduate GPA score of students enrolled in the MBA program is 3.5 on a 4.0 scale.
  • The MBA class students have GMAT scores ranging from 700-740.
  • Students of the MBA program have an average work experience of about 5 years prior to their enrollment in the MBA program.
  • The average age of students is 28 years.

Scholarships

  • Fellowships & Scholarships are awarded to students with a great academic profile.
  • There are 4 types of loans provided at the Columbia Business School. These are Federal Direct Unsubsidized Loans, Federal Graduate PLUS Loans, Private Loans, and International Private Loans
  • Veteran students of the MBA program can apply for the renown Yellow Ribbon Program.

Application Procedure

  • You can apply online to the Columbia Business School by using this link.
  • After clicking the link given above, click on “Create an Account”.
  • Now, submit the required information.
  • Log in to your newly created account and submit your application.
  • Now, you can submit your application.
  • Now, you will be contacted with updates by their official team.

Application Timeline

  • For Round No. 1, the deadline for the application of the MBA program is October 3, 2018.
  • For Round No. 2, the deadline for the application of the MBA program is  January 4, 2019.
  • For Round No. 3 (The Final Round), the deadline for the application of the MBA program is April 10, 2019.

Acceptance Rate

  • There is a lot of competition at the Columbia Business School, the acceptance rate is quite low at 17%. So, students with above-average academic achievements have a good chance of being accepted while students with average academic material have very little chances of being accepted.

Frequently Asked Questions

Q 1: What are the requirements for the TOEFL/IELTS?

Ans: Only international students are required to take the TOEFL. If you do not want to take the TOEFL then you can submit a score in the IELTS.

Q 2: What is the average GMAT score of students?

Ans: The average GMAT score of students is 714.

Q 3: What is the average GPA of applicants at the Columbia Business School?

Ans: The average GPA of applicants is 3.5 at the Columbia Business School.

Q 4: At the Columbia Business School, is financial aid available for all students?

Ans: Yes, all students can apply for financial aid.

Contact Information

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