- Benefits & Features
- Student Life
- Student Organizations
- International Students
- The Culture of NYC
- Career Support
- Tuition & Financial Aid
- Contact the Admissions Team
- Executive MBA
- Options & Locations
- Student Life
- Career Management
- Connect with EMBA
- Why a Columbia PhD?
- Job Market
- Current Doctoral Students
- Master of Science
- Accounting and Fundamental Analysis
- Financial Economics
- Marketing Science
- Student Life
- Current Master of Science Students
- Executive Education
- Comprehensive Management
- Social Enterprise
- Programs for Organizations
- Undergraduate Concentration
- Predoctoral Research
Will I qualify for admission with a three-year undergraduate degree?
May I submit my application if I have not yet taken the GMAT, Executive Assessment, or GRE?
How do I schedule an interview?
After submitting my application, when will I receive a decision?
After admission, can I request a deferral to a future term?
If I’ve been denied admission, may I receive feedback on my candidacy?
If I’ve been denied admission, may I appeal the decision?
Do you have any advice for reapplicants?
Do you offer an Executive MBA?
May I request a fee waiver?
Tuition and Financial Aid
What types of financial aid are available, and who is eligible to apply?
What is the cost of attendance?
How are fellowships awarded at Columbia Business School?
Is there an income limit for need-based consideration?
When do I apply for loans and scholarships?
If I get a fellowship or scholarship for my first year, will it renew automatically for the second year?
What is Columbia Business School’s Title IV FAFSA code?
How is the FAFSA used?
What is the average amount of need-based scholarships?
Are grants or scholarships taxable?
Are there any other outside sources that I should consider?
Once admitted, how do I defer my outstanding student loans?
My transcript(s) and/or letter(s) of recommendation are not in English. What should I do?
What do I do if I cannot obtain a financial guarantee statement?
Is financial aid available to international students?
We accept applications from candidates with a three-year undergraduate degree. Those applications are reviewed on a case-by-case basis.
A valid test score is required for consideration of your application, and must be received within three weeks of when you submit your application. Scores will be verified after admission to the program.
Interviews are by invitation only; applicants cannot request an interview. The Admissions Office will contact you if you are selected for an interview.
Columbia Business School uses rolling admissions. The Admissions Office will begin reviewing January-entry applications and August-entry Early Decision applications once all required materials have been received.
Our goal is either to invite for an interview or deny admission within six weeks of receiving a completed application. Our goal for interviewed applicants is to render a final decision within two weeks of the interview report being completed.
Please note that the Admissions Committee will first review all of the Early Decision and January-entry applications before we review Regular Decision applications. Regular Decision applications will be held and read in the order they are received. We begin reviewing these applications in November.
Students must start the program at the entry point for which they were admitted. For example, a student who was admitted to the January-entry for 2020 must start in January 2020.
If admitted to the Deferred Enrollment Program, you may enter at any entry point within the two to five year deferral period as long as you have submitted the required deposits and notified the program of your intention to start the program by the notification deadline.
We understand the enormous commitment of time and energy that goes into applying to business school; unfortunately, we are not able to offer individual feedback on denied applications. Please know that this is a competitive process and we are only able to admit a portion of the many strong candidates who apply.
All decisions are final. There is no process for appeal.
Please note that candidates may only apply once for each term of entry. If you are considering a reapplication, please review the class profile and consider how you might strengthen your candidacy. Candidates who are successful in the reapplication process have demonstrated an understanding of Columbia’s programs, what she or he will contribute to the school, growth through academic, career or community achievements. We encourage you to note any changes since your original application, including:
- Significant change in your responsibilities at work
- Improved standardized test scores
- Refinement of your career goals
- New recommendations
- New interests pursued outside of work
For students who would like to continue working while enrolled in an MBA program, we encourage you to consider one of our Executive MBA programs: EMBA-New York Saturday, meeting for six semesters on Saturdays, EMBA-New York Friday/Saturday, meeting for five semesters on alternating Friday/Saturdays, and EMBA-Americas, meeting for the first three semesters on a modular one week per month format, followed by block week electives throughout the remaining two elective semesters. We also offer two partnership programs: EMBA-Global Americas and Europe in partnership with London Business School, and EMBA-Global Asia in partnership with University of Hong Kong and London Business School. Please visit the EMBA website for more information.
Fee waivers are available to full-time students, active duty military personnel, and members of the Peace Corps, or Teach For All network partners who are currently in service. Proof of current service is required. Applicants who qualify for a fee waiver should email a fee waiver request, as well as proof of service, to firstname.lastname@example.org and explain their need for a fee waiver in the optional essay. Please allow up to one week for an update to your online status confirming that your fee waiver has been approved.
Please note, there is no application fee for the Deferred Enrollment Program.
Columbia Business School does not accept transfer credits for MBA programs. Before each semester, exemption exams are offered, giving students the opportunity to test out of that core course and replace it with an elective. Passing an exemption exam does not reduce the required number of courses that all students must complete in order to graduate — it merely allows students to take additional elective courses.
Students must complete a total of 60 credits in order to graduate with an MBA from Columbia Business School. Students typically enroll in 15 credits of coursework each semester for four semesters of study, though this distribution may vary. Full-term courses are worth 3 credits; half-term courses are worth 1.5 credits.
Columbia Business School offers need-based scholarships, merit-based fellowships, and federal and private loans. Domestic students (US citizens and permanent residents) are eligible to apply for need-based scholarships, merit fellowships, and all loans. International students are eligible to apply for need-based scholarships, merit-based fellowships, and private loans with or without a creditworthy US cosigner.
The cost of attendance is the maximum amount of financial aid and other aid a student can receive during the academic year. The number includes the cost of tuition, fees, and moderate living expenses. You can find an up-to-date breakdown of our cost of attendance (or budget) in the Student Budget section of our website.
Columbia Business School fellowships for first-year students are merit-based and awarded on the strength of a candidate’s application. Merit fellowships can be awarded at the time of admission or at any point thereafter. No special application forms are required.
Fellowships are awarded only to students who begin the MBA program in August. Unfortunately, students who begin in January are not eligible for fellowship support at this time. All admitted students who apply by the merit fellowship consideration deadline and select the fellowship consideration option in their application are considered. Applicants may not apply for individual fellowships.
Admitted students may apply for need-based scholarships. There is no set limit, however, our need assessment includes consideration of all resources (including cash, savings, investments, IRA and retirement accounts, trust funds, real estate equity, G.I. and Social Security benefits, income of both student and spouse, other familial resources, income tax refunds, sponsorships from companies, as well as prior educational debt levels). Decisions are made by committee and based on the available budget as well as certain donor preferences. Lastly, we also take into account merit-based awards made possible by the Admissions office. Additional information might be requested to best assess a candidate's ability to pay and late applications are subject to a different process.
You should apply for loans and scholarships after you are admitted to the MBA program. Based on your admission date, you will have a specific deadline for scholarship applications. To expedite the application process, we encourage you to prepare your tax return early and complete the FAFSA (domestic applicants only) as soon as possible.
It depends. Some merit-based fellowships are awarded as one-year awards. Some are renewable for the second year based on maintaining a 5.5/10.0 GPA. Need-based scholarships are renewed for the second year automatically, provided students demonstrate receipt of loan funds for their first year. Dual degree students are only eligible for aid through the school charging and collecting their tuition.
Columbia Business School’s code is 002707.
The FAFSA (Free Application for Federal Student Aid) is a required supporting document for the scholarship application, as well as any federal loan applications.
Scholarship amounts vary for each student; however, the award is typically in the $7,500-$30,000 range (amounts can sometimes be higher in certain circumstances).
The Tax Reform Act of 1986 states that grant assistance is taxable income to the extent that it exceeds tuition, required education fees, and course-related expenses. Course-related expenses are defined as those for books, supplies, and equipment required for courses. For nonresident aliens, the University is required to withhold federal income tax on grants received in excess of the expenses described above.
You should determine whether any organization you belong to might have aid funds available. Support is often available from religious, fraternal, or athletic organizations, clubs, veteran groups, ethnic groups, unions, employers, rotary clubs, and others. For your convenience, we've identified several outside scholarship sources as well as other resources on the Financial Aid website.
Columbia Business School is a member of the National Student Clearinghouse. Once you are a registered student, your information will be sent directly to the clearinghouse and reported to your lender(s), so that they can defer your outstanding loans. You can also obtain a certificate of registration from the Columbia University Registrar’s Office to forward to your lender.
Materials that are not in English must be translated by an official translation agency and notarized. Please submit both the original documents and the translations to the Admissions Office.
International students are not required to submit a language test such as the TOEFL. Your verbal score on the GRE or the GMAT is sufficient. Your interview will also be conducted in English.
It is optional until you are admitted, but it will be required to obtain your I-20 (visa).
International students may be considered for merit-based fellowships for August entry. To be considered for a fellowship, you must submit a complete admissions application by the merit fellowship consideration deadline and select the fellowship consideration option in the application.
International students may also apply for need-based scholarships once admitted. Additional information on how to apply is located on the Admitted Students website.
Non US-citizens can apply for a private loan to cover the cost of attendance through a loan program that does not require a US cosigner or with a creditworthy US or permanent resident co-borrower. More information about international student loan options can be found on the Financial Aid website.
Many students rely on family funds, personal savings, government or company sponsorships, and/or loans secured in their home countries. For more details, see the Financial Aid website.