You Oughta Know
Executives in Residence (EIR). Though formally distinct from the Career Management Center, the Executives in Residence program is another key job-related resource available to Columbia students. The EIR was founded almost 30 years ago and is designed to give students access to experienced leaders in key fields such as consulting, investment banking, private equity, real estate, broadcasting, and pharmaceuticals. EIR executives conduct brown-bag lunches with students in groups of 10 to 12, and also assist in setting up interviews with target firms.
Employment statistics. Ninety-seven percent of students in the Class of 2015 seeking full-time employment had offers within three months of graduation; 70% of students found their opportunity through the school.
Startup Lab. Columbia offers some unique resources on campus for aspiring entrepreneurs. A coworking space on campus, the Startup Lab is essentially a team-based incubator available to young alumni of three Columbia schools and for graduating MBA students.
Salaries. Not that all you care about is money, but surely you want to make sure your MBA investment is worthwhile. So it should make you happy to learn that the overall median salary for the Class of 2015 was $125,000, with management consulting and private equity leading the way with median salaries of $140,000. (Just remember to be a bit careful when looking at overall median salary numbers because they can be skewed by high salaries in particular industries. Schools that send fewer students to those industries can be at a disadvantage.) But wait—that’s not all! Signing bonuses were also common, with over 62% receiving them (median $25,000).
Alumni Career Services. Of late, and partially in response to the challenging economy of the past year, the school has beefed up its offerings in supporting mid-career alumni. In the process, Columbia has earned some alumni gratitude and strengthened those bonds to the school in the process.