Columbia Business School
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| Columbia Business School | |
| Image:CBS Stack 2c 180pxwide-1-.gif | |
| 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), 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.
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[citation needed]. The program includes Applied Value Investing and Special Situations Investing. Adjunct professors include hedge fund managers, such as Joel Greenblatt[1], Paul Sonkin[2] and William Von Mueffling[3]. 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[citation needed].
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.[citation needed] Columbia's acceptance rate of 16% in 2007[citation needed] was the second lowest for all MBA programs (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[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[citation needed]
Contents |
[edit] History[4]
Alonzo Barton Hepburn, then president of Chase Manhattan Bank, founded the School in 1916 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, CBS admitted its last class of undergraduates. The school currently offers executive education programs that culminate in a Certificate in Business Excellence (CIBE) and full alumni status, and several degree programs for the MBA and PhD degrees. In addition to the full-time MBA, 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 Executive MBA program (launched in 2002 in conjunction 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.
[edit] Facilities
Today, Columbia Business School is primarily housed in Uris Hall, a renovated 1960s structure at the center of Columbia's Morningside Heights campus. An auxiliary space, Warren Hall, is situated on Amsterdam Avenue and is shared with the law school. In 2006, rumors that the business school would be moved to a new, more spacious facility at Columbia's planned new campus on 125th Street in Manhattanville were confirmed.[5]
[edit] Full-Time MBA Ranking
Columbia has consistently been ranked among the top business schools in the world by BusinessWeek, US News & World Report, the Financial Times, The Wall Street Journal, and Forbes. Columbia Business School is one of only two U.S. business schools currently ranked in the top ten of each of these five major publications.
The full-time MBA program has received these rankings recently:
- #1 Financial Times, 2007 Ranking of rankings, US Ranking [6]
- #2 Financial Times, 2007 [7]
- #2 Financial Times, 2007 Ranking of rankings, Global ranking [6]
- The Wall Street Journal[8][9]
- #3 in US National Ranking, 2007
- #6 in International Ranking, 2007
- #1 for Women, 2006
- #4 for Minorities, 2006
- #3 for Finance, 2006
- #4 for International Business, 2006
- #3 Princeton Review Selectivity rating, 2007[10]
- #4 Forbes, 2005[11]
- #5 Princeton Review 2007 Best Career Prospects [12]
- #5 Aspen Institute U.S. Rankings[13]
- #6 Aspen Institute Global Rankings[14]
- #6 Forbes, 2007[15]
- #9 U.S. News & World Report, 2008 [16]
- #10 BusinessWeek, 2006 [17]
[edit] Executive MBA Ranking
- #4 Financial Times, 2007 Executive MBA Rankings, Global-EMBA program[18]
- #6 BusinessWeek Executive MBA Rankings, NY-EMBA program[19]
- #9 (#2 US Program) Financial Times, 2007 Executive MBA Rankings, NY-EMBA program[18]
[edit] 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. Adam Dell, brother of Dell Inc. CEO Michael Dell, is a venture capitalist who teaches Business Innovation and Technology. Jonathan Knee teaches Finance and is the author of a book titled "The Accidental Investment Banker". James Freeman teaches Investment Banking and is the CEO of a boutique investment bank by the same name.
[edit] Research centers
Research centers at Columbia Business School include:[20]
- Arthur J. Samberg Institute for Teaching Excellence
- Center for Excellence in Accounting and Security Analysis
- Center on Global Brand Leadership
- Center on Japanese Economy and Business
- Columbia Center for Excellence in E-Business (CEBiz)
- Columbia Institute for Tele-Information (CITI)
- Eugene M. Lang Center for Entrepreneurship
- Financial Markets Laboratory
- The Heilbrunn Center for Graham & Dodd Investing
- Jerome A. Chazen Institute of International Business
- Center for International Business Education Research (CIBER)
- MBNA Center for the Study of Banking and Financial Institutions
- The Paul Milstein Center for Real Estate
- The Sanford C. Bernstein & Co. Center for Leadership and Ethics
- W. Edwards Deming Center for Quality, Productivity and Competitiveness
[edit] Prominent alumni
- Warren Buffett, MS '51,[21] CEO of Berkshire Hathaway; 2nd richest man in the world
- César Alierta, MBA '70,[21] CEO, Telefónica, 4th largest telecommunications company in the world
- Louis Bacon, MBA '81,[21] Chairman, Moore Capital Management; #19 Hedge Fund Manager in 2005
- Robert Bennett, MBA '82,[21] President and CEO, Liberty Media Corporation
- Wolfgang Bernhard, MBA '88,[21] Chairman, Volkswagen
- Erskine Bowles, MBA '69,[21] Former White House Chief of Staff; President of the University of North Carolina - Chapel Hill; Director, Morgan Stanley; Senior Advisor, Carousel Capital
- Arthur Burns, PhD '34, Former Federal Reserve Chairman
- Russell Carson, MBA '67,[21] Founding partner of private equity firm Welsh, Carson, Anderson & Stowe
- Jerome Chazen, MBA '50,[21] Co-founder, Liz Claiborne
- Howard Clark, MBA '68,[21] Vice Chairman, Lehman Brothers Inc.
- David LeFevre Dodd, MS '21, namesake for Graham & Dodd value investing.
- Charles Exley Jr., MBA '54,[21] Retired Chairman and CEO, NCR Corporation
- Ahmass Fakahany, MBA '81,[21] Vice Chairman, Merrill Lynch & Co.
- Diana Fortuna, MBA '82,[22] Former Deputy Director of the New York City Office of Management and Budget, President, Citizens Budget Commission
- Lewis Frankfort, MBA '69,[21] Chairman and CEO, Coach, Inc.
- Mario Gabelli, MBA '67,[21] Chairman, CEO, and Chief Investment Officer, GAMCO Investors, Inc.
- Richard Karl Goeltz, Former Vice Chairman, American Express
- James P. Gorman, MBA '87,[21]President and COO, Individual Investor Group, Morgan Stanley
- Michael Gould, MBA '68,[21] Chairman and CEO, Bloomingdale's
- Paul Guenther, MBA '64,[21] Chairman, New York Philharmonic
- Alexander Haig, U.S. Secretary of State
- N. Robert Hammer, MBA,[23] Chairman, President and CEO, CommVault Systems
- Matthew Hart, MBA '76,[21] President, Hilton Hotels Corporation
- Barbara E. Kahn, MBA '82, PhD '84,[24] Dean of the University of Miami School of Business[25]
- Robert Kasten, MBA '66,[26]U.S. Senator from Wisconsin 1981 to 1993.
- Arie Kopelman, MBA '62,[21]Co-Chairman, Chanel, Inc.
- Henry Kravis, MBA '69,[21] Founder of Kohlberg Kravis Roberts & Co.; Leveraged buyout (LBO) Pioneer
- Sallie Krawcheck, MBA '92,[21] CFO and Head of Strategy, Citigroup Inc.; 7th most powerful woman in the world per Forbes magazine.
- Bill Lambert, MBA '72,[21] Former Vice Chairman, Wasserstein Perella & Co.
- Eugene Lang, MS '40,[21] Chairman, Eugene M. Lang Foundation
- Frank Lautenberg, BS '49,[21] U.S. Senator from New Jersey
- Rochelle Lazarus, MBA '70,[21] Chairman and CEO, Ogilvy & Mather Worldwide
- Mark Mays, MBA '89,[21] President and CEO, Clear Channel Communications, Inc.
- Yuzaburo Mogi, MBA '61,[21] Chairman and CEO, Kikkoman Corporation
- Vikram Pandit, PhD '86,[21] CEO of Citigroup
- Lionel Pincus, MBA '56,[21] Founder and Chairman, Warburg Pincus LLC
- Ian Plenderleith, MBA '71,[21] Former Deputy Governor, South African Reserve Bank
- Benjamin Rosen, MBA '61,[21] Chairman, Compaq Computer Corporation
- Arthur Samberg, MBA '67,[21] Chairman and CEO, Pequot Capital
- Paolo Scaroni, MBA ;73,[21] CEO, Eni S.p.A., largest industrial company in Italy
- Keith Sherin, MBA '91,[21] CFO, General Electric Company
- Jerry Speyer, MBA '64,[21] CEO, Tishman Speyer Properties
- Robert Stevens, MBA '87,[21] Chairman and CEO, Lockheed Martin Corporation
- Patrick Stokes, MBA '66,[21] President and CEO, Anheuser-Busch Companies, Inc.
- Charles Strauss, MBA '67,[21] Retired President and CEO, Unilever United States
- Sidney Taurel, MBA '71,[21] Chairman and CEO, Eli Lilly and Company
- Joseph Tucci, MBA '84,[21] President and CEO, EMC Corporation
- Raymond Viault, MBA '69,[21] Retired Vice Chairman, General Mills, Inc.
- Joseph Vittoria, MBA '59,[21] Retired Chairman and CEO, Avis, Inc.
- William von Mueffling, MBA '95,[21] Founder, Cantillon Capital Management; Columbia Business School Professor; #14 Hedge Fund Manager in 2005
- Peter Woo, MBA '72,[21] Chairman, Hong Kong Trade and Development Council
- Eudora Welty, author, famously associated with her fiction set in Mississippi, briefly studied advertising circa 1930 at the Columbia Business School[27][28]
- John G. Hall, CEO, PRC LLC
- Philippe Jabre, MBA '82, CEO, Jabre Capital Partners
[edit] See also
- List of United States business school rankings
- List of business schools in the United States
- Ivy League business schools
- Business school
- MBA
[edit] External links
- Columbia Business School
- 2006 CBS Employment Report
- "The Whiz Kids" - Forbes article about the MBA Class of 1969 regarded as one of the most successful of all time
- 90 Year Anniversary Website History, Highlights, Memories, and Downloads
[edit] References
- ^ Joel Greenblatt – Columbia Business School Faculty Staff Directory. Columbia Business School. Retrieved on 2007-12-30.
- ^ Paul Sonkin – Columbia Business School Faculty Staff Directory. Columbia Business School. Retrieved on 2007-12-30.
- ^ William Von Mueffling – Columbia Business School Faculty Staff Directory. Columbia Business School. Retrieved on 2007-12-30.
- ^ Columbia Business School: A History. Columbia Business School. Retrieved on 2007-12-30.
- ^ Columbia University Announces Business School Plan to Move in First Phase of Proposed Expansion in Manhattanville. Columbia University. Retrieved on 2007-12-30.
- ^ a b International business school rankings. The Financial Times. Retrieved on 2007-12-30.
- ^ The top full-time US MBA programmes. The Financial Times. Retrieved on 2007-12-30.
- ^ Recruiter's Scorecard. WSJ.com. Dow Jones & Company, Inc.. Retrieved on 2007-12-30.
- ^ Where the Schools Rank. WSJ.com. Dow Jones & Company, Inc.. Retrieved on 2007-12-30.
- ^ Best Business Schools: Ranked. The Princeton Review. Retrieved on 2007-12-30.
- ^ Badenhausen, Kurt; Lesley Kump (2005-08-18). Best Business Schools. Forbes.com. Retrieved on 2007-12-30.
- ^ 2007 Top Ten Business Schools with the Best Career Prospects. The Princeton Review. Retrieved on 2007-12-30.
- ^ Top Ten Lists. The Aspen Institute. Retrieved on 2007-12-30.
- ^ The Global 100. Retrieved on 2007-12-30.
- ^ Settimi, Chistina; Kurt Badenhausen (2005-08-18). Best Business Schools. Forbes.com. Retrieved on 2007-12-30.
- ^ America's Best Graduate Schools 2008. U.S.News & World Report. L.P.. Retrieved on 2007-12-30.
- ^ Business School Rankings & Profiles. BusinessWeek. The McGraw-Hill Companies Inc.. Retrieved on 2007-12-30.
- ^ a b EMBA Rankings. The Financial Times. Retrieved on 2007-12-30.
- ^ The Top Executive MBA Programs. BusinessWeek. The McGraw-Hill Companies Inc.. Retrieved on 2007-12-30.
- ^ Research Centers. Columbia Business School. Retrieved on 2007-12-30.
- ^ a b c d e f g h i j k l m n o p q r s t u v w x y z aa ab ac ad ae af ag ah ai aj ak al am an ao ap aq 2006 Employment Report. Columbia Business School. Retrieved on 2007-12-30.
- ^ Alumni Profiles. Columbia Business School. Retrieved on 2007-12-30.
- ^ CommVault: Corporate Management: N. Robert Hammer. CommVault.com. Retrieved on 2007-12-30.
- ^ Barbara E. Kahn Faculty Profile. Wharton School of Business. Retrieved on 2007-12-30.
- ^ UM Appoints Barbara E. Kahn Dean of School of Business Administration. University of Miami. Retrieved on 2007-12-30.
- ^ Kasten, Robert Walter Jr. - Biographical Information. United States Congress. Retrieved on 2007-12-30.
- ^ Eudora Welty. The Mississippi Writers Page. Retrieved on 2007-12-30.
- ^ C250 Celebrates Columbians Ahead of their Time. Columbia University. Retrieved on 2007-12-30.
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: All articles with unsourced statements | Articles with unsourced statements since May 2007 | Articles with unsourced statements since November 2007 | 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

