How much does it cost to pursue an MBA at Columbia University?

Pursuing an MBA at Columbia Business School is a significant financial investment, but it opens doors to exceptional career opportunities and a strong return on investment.

Here’s an overview of the estimated costs for the 2024-2025 academic year:

1. Tuition and Fees

• Tuition: $88,300 per year for academic instruction and resources.
• Mandatory Fees: $5,857 annually for student services and administrative costs.

2. Additional Expenses

• Health Insurance: Mandatory health insurance costs $4,955 per year.
• Books & Supplies: Estimated at $1,250 annually for academic materials.
• Food & Housing: Living expenses, including rent and meals, are estimated at $27,396 annually.
• Personal Expenses: Budget approximately $3,177 per year for necessities like clothing and entertainment.
• Transportation: Commuting and travel costs are estimated at $1,323 per year.

3. Total Estimated Annual Budget

The total cost of a Columbia Business School MBA for one year, including tuition, fees, and living expenses, is approximately $132,258.

To manage these expenses, students can explore scholarships, financial aid, and sponsorship opportunities. Proper planning and budgeting can make this elite program more accessible, ensuring a strong return on investment for your future career.