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Columbia Business School Gets $75 Million Toward New Campus

As Columbia Business School prepares to open the doors to its new Manhattanville campus, that project has gotten a financial boost to the tune of $75 million. 

A new gift for that amount from David Geffen, by way of the David Geffen Foundation, will support Columbia’s new facilities at the Manhattanville campus. 

In honor of the gift, one of two new buildings currently preparing to open to Columbia Business School students at the campus will be named David Geffen Hall.

That building will stand at eight stories tall and including a variety of spaces intended to facilitate meeting and networking among students. The building will include rooms for meetings, study groups, and academic usage. 

The new Manhattanville campus will greatly expand Columbia Business School’s facilities, more than doubling the school’s square footage. 

According to Columbia Business School dean Costis Maglaris, the new facilities will also be equipped with cutting-edge technology, reflecting an “expanded adoption of technology, data and advanced analytics alongside the fundamentals of traditional business education.”

Lee Bollinger, Columbia University’s president, said the university was “enormously grateful to David Geffen for his support of the School and his embrace of the adaptive and forward-looking approach to business education we are taking.”

Geffen is known for his career as an executive in the entertainment industry. He founded Asylum Records, Geffen Records and Geffen Film Company, then cofounded DreamWorks with Steven Spielberg and Jeffrey Katzenberg. 

He has a history of philanthropy to educational and artistic institutions, including a $150 million gift to Yale’s drama school this year.

Geffen described himself as “proud to provide support for the Columbia Business School at this moment of opportunity and change.” He added that “the School is among the best of its kind in the world, and will prepare future generations of business leaders.”

His gift comes as Columbia’s Manhattanville campus is in its final stages of construction. The new facilities are slated to open to students next semester, in January 2022. 

State-of-the-art facilities are just one of many resources that make top B-schools like Columbia attractive to MBA applicants, and therefore highly selective. 

If you’re wondering how your profile stacks up at Columbia and what you can do to create an application that highlights the unique strengths you will bring as an MBA student, we’re here to help with that, using our extensive experience with the MBA admissions process. 

Just contact us and ask for a free MBA application assessment!

Chioma Isiadinso

Chioma is a former Harvard Business School admissions officer and the CEO and Co-Founder of EXPARTUS, the first MBA admissions consulting company to use personal branding as a key part of the b-school application process. Chioma is the author of The Best Business Schools' Admissions Secrets, one of the leading books on how to successfully navigate the MBA admissions process.