Columbia Business School MBA Profile

Columbia University Graduate School of Business
Columbia Business School
Established1916
School typePrivate
DeanR. Glenn Hubbard
LocationNew York, New York, USA
Enrollment1,196 MBA students
Homepagewww.gsb.columbia.edu

Columbia Business School (part of Columbia University), officially named the Columbia University Graduate School of Business, and also known as CBS, was established in 1916 to provide business training and professional preparation for undergraduate and graduate Columbia University students. It is one of six Ivy League business schools.

Alonzo Barton Hepburn, then president of Chase Manhattan Bank, founded the Columbia University Graduate School of Business with 11 full-time faculty members and an opening class of 61 students, including 8 women. The School expanded rapidly, enrolling 420 students by 1920 and, in 1924, added a PhD program to the existing BS and MS degree programs.

In 1945, Columbia Business School authorized the awarding of the Master of Business Administration degree (MBA). Shortly thereafter, the School adopted the Hermes emblem as its symbol, reflecting the entrepreneurial nature of the Greek god Hermes and his association with business, commerce and communication.

In 1952, the School admitted its last class of undergraduates. The school currently offers executive education programs and several degree programs for the MBA and PhD degrees. In addition to its full-time MBA program, the school offers three Executive MBA programs: the NY-EMBA Friday/Saturday program, the EMBA-Global program (launched in 2001 in conjunction with the London Business School, and the Berkeley-Columbia Program (launched in 2002 in conjunction with with the Haas School of Business at University of California, Berkeley). Students in the latter two programs earn two MBA degrees, one from each of the cooperating institutions.

On July 1, 2004, R. Glenn Hubbard became Columbia Business School's eleventh dean. Hubbard, the former chair of President Bush's Council of Economic Advisers, has worked at the intersection of the private, government and nonprofit sectors and has been actively engaged in national and international economic policy issues.

Columbia Business School is known for its close ties to Wall Street and the seminal work completed in the field of finance by professors Benjamin Graham and David Dodd. As part of its MBA curriculum, Columbia Business School offers the Value Investing Program at the prestigious Heilbrunn Center for Graham & Dodd Investing, for a handful of selected business school students. The program includes Applied Value Investing and Special Situations Investing. Adjunct professors include hedge fund managers, such as Joel Greenblatt, Paul Sonkin and William Von Mueffling. The program also features an extensive list of guest speakers which include Seth Klarman, Michael Price, Bill Nygren, Charles Brandes and Chris Browne. Notable graduates of the Value Investing program include Warren Buffett, Mario Gabelli, Leon Cooperman, Chuck Royce, Paul Sonkin and William von Mueffling. The school has an international emphasis, and many alumni have achieved distinction in the public as well as the private sector. Columbia Business School is affiliated with 12 winners of the Nobel Prize in Economics including current professor Joseph Stiglitz.

The most represented undergraduate universities in the student body are the University of Pennsylvania, Cornell University, Columbia University, Harvard University, Yale University, Duke University, Princeton University, Georgetown University, Dartmouth College, University of Virginia, Brown University, Stanford University, and UC Berkeley. The acceptance rate in 2006 was 15%, a rate of acceptance more selective than all but one other MBA program (according to US News and World Report in its annual ranking statistics). Columbia's average GMAT score of 709 and total full-time enrollment of 1,196 are third highest among U.S. business schools.

Columbia is one of the most heterogeneous of leading U.S. business schools in professional background, international representation and individual demographics. Each fall in recent years, approximately 35 percent of the entering class are women and approximately 20 percent are members of minority groups. Columbia is typically 1st or 2nd among peer schools in terms of these percentages.

 

Columbia Business School : Columbia Business School

Columbia Business School ... Columbia Ideas at Work showcases faculty research that offers new insights. Recent work includes a ...

Read more...

Columbia Business School Alumni Web site

Q&A with Ben Thomases ’03 New York City’s first food policy coordinator talks about fighting poverty, the versatility of the MBA and savoring dark chocolate. Go to story

Read more...

The Columbia Executive MBA Programs

Columbia Business School s Executive MBA (EMBA) programs are some of the top business graduate ... Upcoming Information Sessions. Columbia EMBA Programs Friday, April 27th

Read more...

Columbia Business School: Social Enterprise Program

Message from the Director. All Columbia Business School graduates will be called upon to contribute to society at some point during their lives.

Read more...

© 2007 Top-MBA-Schools.com