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Impact Report Landing Image

Impact Report

Impact Report
  • Thank You
  • Your Gifts in Action
  • The People of CBS
  • Curricular Innovation and Thought Leadership
  • The Annual Fund
  • More 
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Thank You

On behalf of Columbia Business School, thank you.

In 2023-2024, we welcomed our largest-ever incoming class and launched MBAxMS, a dual degree program with the School of Engineering. This program is designed for entrepreneurs, engineers, and product managers who are ready to leverage new technologies and drive organizations forward.

We’ve remained at the forefront of innovation, pushing the boundaries of knowledge and education. Our curriculum and programs have taken on the most pressing issues of our time, from the transformative impact of Artificial Intelligence (AI) to the urgent challenges of Climate Change.

  • Leading with AI: CBS has been the leader in business education by integrating cutting-edge AI tools and techniques into our teaching. We're enhancing student learning, fostering innovative teaching methods, and preparing our graduates to meet the evolving demands of the global marketplace. Discover more about AI@CBS in the report below.
  • Championing Climate Change: In Spring 2024, we proudly elevated the Tamer Institute of Social Enterprise and Climate Change to help drive our efforts in climate action. We have also partnered with top-tier business schools to launch the Open Climate Curriculum Initiative. Explore our climate work further in the report below. 

Our achievements are made possible through the support of our community. Your investment is paving the way for our graduates to excel in private equity, healthcare, real estate, entrepreneurship, family enterprise, and beyond. I’m immensely proud of what we’ve achieved together, and I’m excited for all that’s to come.

All the best,

Image of Costis's Signature

Costis Maglaras         
Dean and the David and Lyn Silfen Professor of Business

Photo Image of Costis Maglaras

Your Gifts in Action

At Columbia Business School, we redefine what it means to be in business. Innovation is our cornerstone as we build dynamic partnerships and explore groundbreaking ideas to shape the future. Our students engage in a wealth of opportunities—from campus events and speaker series to mentorships with trailblazing entrepreneurs and executives. These experiences forge lifelong connections that propel their careers far beyond graduation, opening doors to opportunities yet to be imagined.

Our cutting-edge curriculum allows students to tailor their education to their aspirations, honing skills in areas from finance to sustainability. From day one, they apply their knowledge in real-world settings, preparing to drive the next big breakthroughs in business and climb the ranks—all in an environment where business is anything but usual.

Your generous support makes all of this possible. Thank you!

Total Gifts

$38.4M

Total Donors

4,962

The People of CBS

 

Our people make Columbia Business School the world-class institution that it is. The School’s ability to provide adequate financial aid enables the best and the brightest to attend CBS, regardless of their backgrounds or circumstances, and is a top funding priority. We are equally committed to supporting our renowned faculty and amazing staff. We appreciate your continued investment in our community which helps create a uniquely engaging learning environment and an impressive alumni network spread across the globe.
 

Our Students

Students at CBS are driven, innovative, and globally minded leaders ready to make an impact.

Impact Report Photo Image

“I just want to share a heartfelt and sincere thank you to my amazing scholarship benefactors who truly are making my Columbia Business School experience possible. This award has allowed me to focus wholeheartedly on my studies, extracurricular activities, and on professional recruiting. It has provided me with the freedom to explore diverse academic opportunities, engage in leadership roles, and participate in activities that enrich my MBA experience beyond the classroom. I could not be more grateful.” – Griffin Gerchman, Class of 2025

“My scholarship has enriched and empowered my MBA experience. It not only reduces my financial burden and helps me concentrate on my academics, but also motivates me to support my peers and cultivate a cohesive community. Living and studying in New York can be a dream, but it can be difficult given how expensive this city is. The support from CBS helps make this dream come true. I feel grateful every day, not only for the fact that I can study with some of the brightest minds in our generation, but also for all of the support I’ve been given. Thank you.” – Shih Ching Kao, Class of 2025

Jeffrey McClellan Image

“The Consortium scholarship has been more than just financial aid; it's been a transformative factor in my academic journey. It connected me with a dynamic network of peers who, like me, are passionate about enhancing diversity and inclusion in global business leadership. The impact went beyond the campus--I pursued enriching travel experiences, exposing me to different cultures and perspectives. This immersion not only broadened my global mindset but also fueled meaningful personal and professional growth.” – Jeffrey McClellan, Class of 2024


 

By The Numbers

2,764

Total Students enrolled in all programs

794

Total # of Financial Aid recipients

641

# of Financial Aid recipients - MBA

 

Financial Aid - MBA

$26.1M

Our Faculty and Staff

The faculty at CBS are recognized experts and leaders in their fields, committed to providing world-class education and fostering innovative research. Additionally, the dedicated staff at CBS exemplifies excellence, providing unparalleled support and fostering an enriching environment for students and faculty alike.

CBS awarded our first Practice Prize Award to Stijn Van Nieuwerburgh for his groundbreaking work analyzing the “urban doom loop.” And we celebrated CBS faculty honored by University awards, including Gita Johar, who won the Provost’s Faculty Service Award, and Todd Jick, who won the Presidential Award for Outstanding Teaching. 
 

CBS Photo Image

Stijn Van Nieuwerburgh

Earle W. Kazis and Benjamin Schore Professor of Real Estate, Finance Division

Earle W. Kazis and Benjamin Schore Professor of Real Estate, Paul Milstein Center for Real Estate

Co-Director, Paul Milstein Center for Real Estate

Gita Johar Photo Image

Gita Johar

Meyer Feldberg Professor of Business Marketing Division

Todd Jick Photo Image

Todd Jick

Senior Lecturer in Discipline in Business, Management Division

Reuben Mark Faculty Director of Organizational Character and Leadership, Sanford C. Bernstein & Co. Center for Leadership and Ethics

By The Numbers

153

# of Full-time Faculty

417

# of Full-time Staff

Our Alumni

In 2023-24, CBS honored three outstanding alumni for their impactful dedication, innovation, and leadership, exemplifying positive change in their industries and our community.
 

Lulu Wang Photo Image

Lulu C. Wang ’83

Founder and CEO
Tupelo Capital Management

Distinguished Leader in Business Award

Image of Ryan Petersen

Ryan Petersen '08

CEO, Flexport

Partner, Founders Fund

Early Achievement Award

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Yuzaburo Mogi ’61

Honorary CEO and Chairman Kikkoman Corporation, Japan

Lifetime Achievement Award

 

By The Numbers

52,493

Total Alumni

3,341

# of Alumni Donors

887

# of Alumni Volunteers

 

Alumni Donors by Decade


 

Curricular Innovation and Thought Leadership

CBS stays at the forefront of business education through ground-breaking research, partnerships with practitioners, and teaching innovation. Our dynamic faculty understands how and when the business world is shifting and your support heightens opportunities for us to respond with new pedagogy to challenge and position our students for success.  

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AI@CBS

Columbia Business School is committed to preparing students for the future of artificial intelligence. Through cutting-edge curricular innovation, our MBA, Executive MBA, MS, and PhD programs introduce new courses and research that seamlessly integrate AI into the student experience.

AI@CBS
Digital Future Initiative
Tamer Landing Image

Tamer Institute for Social Enterprise and Climate Change

By supporting new ideas from faculty and industry leaders, as well as the curricular and extracurricular opportunities, the newly elevated Tamer Institute at CBS has been educating leaders to use business knowledge, entrepreneurial skills, and management tools to address social and environmental challenges for more than four decades.

Tamer Institute Homepage
CBS Insights | Climate
Entrepreneurship and Innovation Image

Entrepreneurship and Innovation

Our programs have helped alumni launch more than 400 successful ventures with well-known names like Betterment, Beyond Meat, Untuckit, and IT Cosmetics.

Lang Center
CBS Insights | Entrepreneurship

The Annual Fund




We remain grateful for your steadfast annual support. Your contributions to the CBS Annual Fund bolster resources available for student financial aid, faculty research, and industry-focused programs that benefit students, alumni, and the business community. Annual giving frees up operating funds, making it much easier for the School to pursue new opportunities in an increasingly competitive marketplace without having to raise restricted resources.

By The Numbers

$9.2M

Total Unrestricted Gifts

4,190

Total Unrestricted Donors

 

Unrestricted Gifts by Giving Level


Your Gifts Have Impact


Sonia Kim Image

Sonia Kim, PhD Class of 2024

“In 2018, I was thrilled to hear that I was admitted to CBS because I aspired to work with the amazing CBS faculty. Despite my excitement, I was aware that CBS was in Manhattan, and the cost of living was something I could not ignore when deciding which program to attend. Thanks to the financial support provided by CBS through a stipend, I could gladly accept the admission and come to CBS, and I can’t imagine how my life would have been otherwise.”
Mac McCann Image

Mac McCann, Class of 2024

“Without Columbia Business School, I would never have been able to secure a job on Citi's Real Estate, Gaming, and Lodging Investment Banking team. Prior to CBS, I worked as an on-site Project Engineer at my family's construction company, Donley's, specializing in concrete services, restoration, parking garages, and more. Columbia Business School's Paul Milstein Center, Career Management Center, and Investment Banking Club were instrumental to help me pivot from the "Concrete to Wall Street" as I pursued a job in finance post-MBA. They connected me with the proper resources, provided well-timed guidance, and, simply put, opened doors into new career opportunities.”

Yellow Ribbon

CBS recognizes the immense value that military veterans bring to the MBA program. We are proud to participate in the Yellow Ribbon Program in partnership with the Veterans Administration to provide financial aid for our veteran students. Through the generosity of our alumni and friends, CBS supported more than 50 veteran students in 2023-24.

“The impact of the Yellow Ribbon Program cannot be overstated. It provided me with the financial stability and peace of mind needed to fully immerse myself in the rich academic offerings and vibrant networking opportunities that Columbia Business School has to offer.” - Yellow Ribbon Recipient, Class of 2024

 

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