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Columbia Business School

Columbia University Graduate School of Business
Columbia Business School:Columbia Business School
Established 1916
School type Private
Dean R. Glenn Hubbard
Location New York, New York, USA
Enrollment 1,196 MBA students
Homepage www.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 a full-time MBA program, an executive MBA program, a PhD program, and various executive education programs.

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. 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 competitive than that of all but one other MBA program (according to US News and World Report in its annual ranking statistics)[citation needed] . 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 business schools in professional background, international representation and individual demographics.[citation needed] 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.


Contents

Ranking

Columbia has consistently been ranked among the top ten business schools in the world by BusinessWeek, US News & World Report, the Financial Times, the Wall Street Journal, the Economist, and Forbes. Columbia Business School is one of only two US business schools currently ranked in the top ten of each of these six major publications.


The full-time MBA program has received these rankings recently:

Prominent Alumni

Faculty

The faculty includes Nobel Prize winner Joseph Stiglitz and the current Dean is the former Presidential Council of Economic Advisor's Chairman Glenn Hubbard. Hedge fund guru Joel Greenblatt is currently an adjunct professor. Bruce Greenwald teaches Value Investing and Economics of Strategic Behavior electives.

Research Centers

Research Centers at Columbia Business School include:

See also


Ivy League business schools
Columbia Business School | Cornell (Johnson School) | Dartmouth (Tuck School)
Harvard Business School | Penn (Wharton School) | Yale School of Management


Schools of Columbia University
Columbia College • School of General Studies • Fu Foundation School of Engineering and Applied Science • Barnard College (Affiliate) • Graduate School of Architecture, Planning and Preservation • School of the Arts • Graduate School of Arts and Sciences • Graduate School of Business • School of Continuing Education • College of Dental Medicine • School of International and Public Affairs • Graduate School of Journalism • Columbia Law School • School of Nursing • College of Physicians and Surgeons • Mailman School of Public Health • School of Social Work • Jewish Theological Seminary (Affiliate) • Teachers College (Affiliate) • Union Theological Seminary (Affiliate)

Categories


Articles with unsourced statements | Business schools in the United States | Columbia University | Ivy League business schools | Universities and colleges in New York | Universities and colleges in New York City

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