What Is Columbia Business School?

Columbia Business School is the graduate business school of Columbia University. Founded in 1916 and located in Manhattan, New York City, it is generally considered one of the finest business schools in the world and is known for its close ties to the financial sector.

The Columbia Business School Master of Business Administration (MBA) program is regularly rated among the best MBA programs in the world. For 2023/2024, it received a first-place ranking from the Financial Times and an 11th-place ranking from U.S. News and World Report.

History of Columbia Business School

Originally founded in 1916 with only 11 full-time faculty and 61 students, Columbia Business School is now home to 2,472 students and nearly 158 full-time faculty members. Although the faculty at Columbia Business School possess expertise in a wide range of subject areas, the school is best known for its strength in financial subjects such as investment banking, 澳洲幸运5官方开奖结果体彩网:private equity (PE), mergers and acquisitions (M&A), and 澳洲幸运5官方开奖结果体彩网:alternative investments.

The school has a particularly strong reputation among 澳洲幸运5官方开奖结果体彩网:value investors, due to its association with 澳洲幸运5官方开奖结果体彩网:Benjamin Graham. Having graduated from Columbia Business School in 1914, Graham joined the school as a faculty member in 1928, where he remained until 1955. Among his pupils was none other than Warren Buffett, whom many consider the most accomplished investor in history.

Columbia Business School has taken steps to diversify its curriculum away from its traditional strengths in finance. Although the school continues to have some of the strongest relationships with Wall Street, its graduates are increasingly pursuing other industries for their post-graduation careers. Management consulting has been particularly popular in this regard, which has grown to almost match the popularity of finance among Columbia Business School’s MBA graduates.

Academic Programs

Columbia Business School offers a variety of programs, including an MBA, Executive MBA, Master of Science, and a Ph.D. The school also offers dual degrees, which are a three-year JD/MBA, an MBA/MS in engineering and applied science, and other dual degrees with an MBA, such as in architecture, dental and oral surgery, law, journalism, public health, and more.

Cost and Employment

With an annual tuition of roughly $127,000 for the 2023/2024 school year, Columbia Business School MBA grads saw a median base salary of $175,000 in 2022, along with a median signing bonus of $30,000. Within three months of graduating, 95% of graduates had received job offers.

The largest percentage of graduates accepted jobs in the financial services sector (36.9%), with the bulk going for jobs in investment banking (16.7%). After financial services, consulting was the largest sector for jobs for graduates (33.6%). Media/technology was also a popular sector for graduates (16%).

Columbia Business School Network

Upon graduation, Columbia Business School graduates join a living alumni network of over 70,000 people. This includes many notable members, including Warren Buffett, CEO of Berkshire Hathaway (BRK); Henry Kravis, the founder of investment firm KKR (KKR); Robert F. Smith, founder of Vista Equity Firm; Sallie Krawcheck, founder of the investment platform, Ellevest; James Gorman, CEO of Morgan Stanley (MS), and Vikram Pandit, former CEO of Citigroup (C).

The Bottom Line

Columbia Business School has consistently been ranked as one of the best business schools in the world. The school൩ offers a wide array of options for those interested in furth🍷er education in business, along with a wide and successful alumni network. Graduates typically gain employment quickly after graduating and land high-paying jobs. The school is expensive, so knowing whether it is the right choice for you financially is an important decision to make before attending.