MBA from Columbia University: Fees, Deadlines & Admissions 2023

Columbia University MBA Program: Fees, Deadlines, Requirements, Placements

New York City, New YorkLocation
UniversitySchool type
Estd1754established year
33413enrollment
Private (Not for Profit)
7.6/10

Master of Business Administration [M.B.A]

2 years
Full Time
On Campus

Field of Study

Mex$80,472/Yr

Mex$80,472 /Yr

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.

Click below to know about the Alumni Stories of Columbia Business School


Tuition Fees

Year1st Year Fees
Tuition FeesMex$80472 (MXN 80472)

Other Expenses

HeadAvg Cost Per Year
Living ExpensesMex$24822 (MXN 24822)
Health InsuranceMex$5497 (MXN 5497)
Books and supplyMex$320 (MXN 320)
Total CostMex$30639 (MXN 30639)

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

100 / 120

Avg. Score in

TOEFL

7.5 / 9

Avg. Score in

IELTS

700 / 800

Avg. Score in

GMAT

310 / 340

Avg. Score in

GRE updated

3.6 / 4

Minimum gpa

GPA

TOEFL Score:

  • Minimum TOEFL-iBT score of 100+.
  • IELTS is accepted. A minimum score of 7.5 is required.

GMAT Score:

  • GMAT score should ideally be above 700.
  • Middle 80% of the class submitted average GMAT score between 700-760

Note: GRE equivalent score is also accepted.


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

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

NameScholarship Per StudentLevel of StudyType
Innovation in Education Scholarship - La Tutors 123Scholarship per studentMex$ 500/Yr$500Level Of StudyBachelorTypeMerit-Based
(ISC)² Women’s Cybersecurity ScholarshipsScholarship per studentVariable AmountLevel Of StudyBachelorTypeMerit-Based
Bharat Petroleum Scholarship 2020Scholarship per studentVariable AmountLevel Of StudyMasterTypeMerit-Based
ASID Foundation Legacy ScholarshipsScholarship per studentMex$ 4,000/Yr$4,000Level Of StudyBachelorTypeMerit-Based
Collegedunia $150 Scholarship ProgramScholarship per studentMex$ 150/Yr$150Level Of StudyBachelorTypeMerit-Based
Comindware ScholarshipScholarship per studentMex$ 4,000/Yr$4,000Level Of StudyApprenticeshipTypeMerit-Based


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