highly competitive with 894 applicants in 2010 for positions in an entering class of 18 students (2%). In 2021, the Finance division received over 500 applications and admitted 3 students (Acceptance rate of 0.6%) A PhD in Management or Business is a common precursor to an academic career in business schools. Executive education Columbia Business School Executive Education offers custom non-degree programs for organizations and open-enrollment non-degree programs for individuals in topics including management, finance, leadership, marketing, social enterprise, and strategy. The school also offers executive certification programs, including the Advanced Management Program, the Certificate in Business Excellence and the Senior Leaders Program for Nonprofit Professionals. CIBE The Certificate in Business Excellence (CIBE) is awarded to students who complete a total of 18 program days of executive education within a four-year period. Any executive education program at Columbia Business School can be applied toward the completion of the certificate. Research centers, programs, and institutes Research centers, special programs, institutes, and cross-disciplinary areas at Columbia Business School include: Arthur J. Samberg Institute for Teaching Excellence The Behavioral Lab The Center for Decision Sciences Center for Excellence in Accounting and Security Analysis Center on Global Brand Leadership Center on Japanese Economy and Business Columbia Institute for Tele-Information Columbia University Center for International Business Education Research Competitive Strategy Decision Making and Negotiations Eugene Lang Center for Entrepreneurship Healthcare and Pharmaceutical Management Program The Heilbrunn Center for Graham & Dodd Investing Jerome A. Chazen Institute of International Business The Media Program The Paul Milstein Center for Real Estate Private Equity Program Program for Financial Studies Program on Social Intelligence Richard Paul Richman Center for Business, Law, and Public Policy The Sanford C. Bernstein & Co. Center for Leadership and Ethics The Social Enterprise Program W. Edwards Deming Center for Quality, Productivity and Competitiveness People Faculty Columbia Business School employs 136 full-time faculty members, including Joseph Stiglitz, the 2001 Nobel laureate in economics who also teaches at the university's School of International and Public Affairs; and Bernd Schmitt, the Robert D. Calkins Professor of International Business. The current Dean is the former Presidential Council of Economic Advisors Chairman Glenn Hubbard. Hedge fund gurus Joel Greenblatt and Ken Shubin Stein are currently adjunct professors. Bruce Greenwald teaches Value Investing and Economics of Strategic Behavior electives. Adam Dell, brother of Dell Inc. CEO Michael Dell, is a venture capitalist who teaches Business Innovation and Technology. Jonathan Knee