Columbia Business School

From Wikipedia, the free encyclopedia

Columbia University Graduate School of Business
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 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.[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

Uris Hall, standing behind Clement Meadmore's 1968 sculpture "The Curl"
Uris Hall, standing behind Clement Meadmore's 1968 sculpture "The Curl"

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.[1]

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 U.S. 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:

  • #10 BusinessWeek, 2006
  • #12 Economist Intelligence Unit, 2006
  • #2 Financial Times Ranking of Rankings, 2006 [2]
  • #2 Financial Times, 2007
  • #4 Forbes, 2005
  • #3 Princeton Review Selectivity rating, 2006
  • #4 USA Today, 2004 [3]
  • #7 U.S. News & World Report, 2006
  • #4 The Wall Street Journal, 2006
    • #1 for Women [4]
    • #4 for Minorities [5]
    • #3 for Finance [6]
    • #4 for International Business [7]

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 at Columbia Business School include:

  • Arthur J. Samberg Institute for Teaching Excellence
  • Center for the Decision Sciences (CDS)
  • 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



Retrieved from "http://en.wikipedia.org../../../c/o/l/Columbia_Business_School_c8cf.html"
Advanced Search
Included Web Search Engines


Safe Search

close

Top Matching Results

Occasionally Search.com will highlight specialized results that are based on the context of your query. Examples of specialized results include specific links to news, images, or video.

Top Matching Results may highlight information from other Search.com pages, content from the CNET Network of sites, or third party content. The listings are based purely on relevance. Search.com does not receive payment for listings in this section but our partners that provide this data may get paid for listing these products.

Sponsored Links

This section contains paid listings which have been purchased by companies that want to have their sites appear for specific search terms and related content. These listings are administered, sorted and maintained by a third party and are not endorsed by Search.com.

Search Results

Search.com sends your search query to several search engines at one time and integrates the results into one list which has been sorted by relevance using Search.com's proprietary algorithm. You can customize the list of search engines included in your metasearch from the preferences.

The search engines that are used in your metasearch may allow companies to pay to have their Web sites included within the results. To view the Paid Inclusion policy for a specific search engine, please visit their Web site. Search.com does not accept payment or share revenue with any search engine partner for listings in this section.