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Chicago Booth vs Columbia Business School: MBA comparison (2026)

Chicago Booth ranks higher in our composite (#7 vs #8). Tuition is $3,932 a year lower at Chicago Booth ($89,976 vs $93,908). Both report the same median base salary of $175,000.

Chicago BoothColumbia Business School
Composite rank #7 #8
Acceptance rate
Lower is more selective
— —
GMAT (classic scale)
Median or average as published
730 734
Class size
Larger is not better; shown for scale
635 982
Tuition per year $89,976 $93,908
Cost of attendance per year $132,449 $143,030
Median base salary $175,000 $175,000
Median signing bonus $30,000 $30,000
Employed at 3 months 89% 92%
Women 41% 46%
International 37% 41%
Work experience (years) 5.0 5.0
LocationChicago, ILNew York, NY
Class profile yearClass of 2027Class entering 2025 (January and August entry)

Bold marks the stronger figure where a comparison makes sense. GMAT is shown only where both schools report on the classic scale. Dashes mean the school does not publish the figure.

Rankings side by side

RankingChicago BoothColumbia Business School
U.S. News#3#7
Financial Times#20—
Bloomberg Businessweek#7#9
QS#10#14

How to decide

Rank differences this small rarely change outcomes. Compare the industry mix in each school's employment report against your target industry, the net cost after any scholarship offer, and location relative to where you want to recruit. The school-selection guide walks through the method, and the ROI calculator models each school's cost against your expected salary.

Full profiles: University of Chicago Booth School of Business · Columbia Business School.

Frequently asked questions

Is Chicago Booth or Columbia Business School harder to get into?

At least one of the two schools does not publish an admit count, so compare the GMAT medians and class sizes in the table above instead.

Which is cheaper, Chicago Booth or Columbia Business School?

Chicago Booth has the lower published tuition ($89,976 vs $93,908 per year). Net cost depends on scholarships, which differ by candidate.

Which has better salary outcomes?

Median base salaries are $175,000 at Chicago Booth and $175,000 at Columbia Business School in the latest employment reports. Industry mix explains most of the gap between top schools.