Program Basics

• • Berkeley Full-time MBA Program
  • Haas School of Business
  • 430 Student Services Bldg., #1902
  • University of California, Berkeley
  • Berkeley, 94720-1902, California
  • United States
  • Program Web site: http://www.mba.haas.berkeley.edu
  • Status: Public
  • Program e-mail address: mbaadm@haas.berkeley.edu
  • Graduate business school is accredited by:
    • Association to Advance Collegiate Schools of Business (AACSB)

SCHOOL BASICS

• Graduate business school enrollment:

  • Total: 1,511
  • Full-Time MBA: 492
  • Part-Time MBA: 804
  • Executive MBA: 67
  • PhD Program: 80
• • Other graduate degree programs:
    • Other
  • Master's of Financial Engineering, with total program enrollment of 68 students in fall 2011.

PROGRAM COSTS

• Total direct costs (tuition and required fees) of the entire MBA program:

  • Resident: $92,832.00
  • Nonresident: $106,792.00
  • Recommended annual budget (Resident): $71,142.00
  • Recommended annual budget (Nonresident): $78,122.00

PROGRAM LENGTH

• • Full-time program (months): 21

ADMISSIONS

• Application Deadlines

  • Semester: Fall 2012
  • Deadline: Oct 12, 2011
  • Semester: Fall 2012
  • Deadline: Dec 1, 2011
  • Semester: Fall 2012
  • Deadline: Jan 18, 2012
  • Semester: Fall 2012
  • Deadline: Mar 7, 2012
• • Does the program have rolling admissions? No
  • Is proficiency in English required for admission? Yes
  • Is a minimum score on an English language proficiency test required? Yes

• Which English language proficiency tests are accepted?

  • • IELTS
    • TOEFL Internet Based Test
    • TOEFL Paper-based Test
• • Minimum paper-based TOEFL score required for MBAs: 570

• Relative Importance of Application Elements:

  • GMAT Score: Very Important
  • Resume/Work Experience: Very Important
  • Application Essays: Very Important
  • Interviews: Very Important
  • Recommendations: Very Important
  • Undergraduate Transcripts: Very Important

APPLICANTS

• • Applications (admitted and denied) to the newest class: 3,444
  • Applicants who were accepted to the most recent class: 12 %
  • Admitted applicants who enrolled in the newest class: 56 %
  • Applicants who were re-applicants from prior years: 5 %
  • Percentage of this year's reapplicants accepted: 19 %
  • Applicant interviews are: By invitation only
  • Applicants (admitted and denied) who were interviewed: 31 %
  • Admitted applicants who were interviewed: 100 %

APPLICANT POOL

• • International applications received: 44 %
  • Applications from women received: 31 %
  • Mean base salary forgone: $66,345.00
  • Median base salary forgone: $68,000.00

CLASS PROFILE

• Full-time students in newest entering class (2010-2011) that are:

  • Female: 29 %
  • International: 37 %

• Students from following regions:

  • Africa: 1 %
  • Asia: 19 %
  • Europe: 9 %
  • North America: 61 %
  • Latin America and the Caribbean: 9 %
  • Oceania: 1 %

• Percentage of U.S. students in newest entering class that are:

  • African American: 5 %
  • Asian American: 30 %
  • Hispanic or Latino American: 13 %
  • Native American: 2 %
  • White (Non-Hispanic): 60 %
  • Chose not to report: 4 %

• Percentage of U.S. students in newest entering class who are from the following regions:

  • Northeast: 20 %
  • Mid-Atlantic: 14 %
  • South: 8 %
  • Southwest: 4 %
  • Midwest: 6 %
  • West: 45 %
  • Possessions and territories: 0 %
• • Mean months of work experience of newest entering class: 62
  • Median months of work experience of newest entering class: 60

• Middle 80% range of work experience of newest entering class in months:

  • From: 36
  • To: 87
• • Median age of entering class: 28
  • Mean age of entering class: 28

FINANCIAL AID

• • Full-time MBAs apply for financial aid through: Dedicated financial aid office at the B-school
  • Full-time MBAs who applied for financial aid for the current academic year: 76 %
  • Full-time MBAs receiving financial aid in the current academic year: 66 %
  • Mean MBA financial aid package for the current academic year: $26,688.00
  • Median MBA financial aid package for the current academic year: $26,164.00
  • On what basis are scholarships awarded?
    • a combination of need and merit
    • some other criteria
    • academic merit
    • financial need
  • How does an applicant apply for scholarship consideration? all candidates are considered for scholarship
  • Mean scholarship awarded to full-time MBAs in the previous academic year: $21,900.00
  • Percentage of first-year students receiving financial aid who receive at least the same amount in their second year of study: 100 %
  • Does the school offer a guaranteed loan to all MBAs regardeless of nationality? No
  • Mean outstanding debt among the most recent graduates from the full-time MBA program: $59,623.00

GMAT

• • Are applicants required to take the GMAT? Yes
  • Are applicants allowed to submit the GRE? No

• GMAT score distribution (applicant pool):

  • 50th Percentile (median) 710
  • 25th Percentile 680
  • 75th Percentile 730
  • 10th Percentile 630
  • 90th Percentile 750
  • Average GMAT Score 693

• GMAT score distribution (incoming class):

  • 25th Percentile 700
  • 10th Percentile 675
  • 75th Percentile 730
  • 50th Percentile (median) 720
  • 90th Percentile 750
  • Average GMAT Score 715

CLASS OFFERINGS

• • Average number of students in a full-time MBA core class: 59
  • Average number of students in a full-time MBA elective class: 45
  • Elective courses available to full-time MBA students: 120

• Electives that have been added to the full-time program since June 30, 2010:

  • Fixed Income
  • Brand Manager Boot Camp
  • Social Media Marketing
  • Green Strategies and Operations
  • Changing Healthcare Economy

• Joint-degree programs offered to full-time MBAs:

  • • MBA/JD (Law)
    • Other
• • Does the school offer an accelerated full-time MBA program? No

• The school believes that its leading areas of study for full-time MBA students are:

  • • Finance
    • General Management
    • Marketing
    • Leadership
    • Strategy

FACULTY

• • Faculty employed by the B-school: 229

• Full-time faculty:

  • Tenured: 54
  • Non-Tenured: 23

• Adjunct/Visiting Faculty:

  • Tenured: 9
  • Non-Tenured: 143

• Women on Faculty:

  • Tenured: 11
  • Non-Tenured: 31

• International Faculty:

  • Tenured: 23

• Faculty with PhDs:

  • Tenured: 54

STUDENT LIFE

• Professional clubs available to full-time MBA students:

  • • Biotech/Health care
    • Corporate Social Responsibility/NetImpact
    • Entrepreneurship
    • Consulting
    • Other
    • Finance
    • Marketing
    • Nonprofit
    • VC/ Private Equity
    • Environmental
    • High Tech
    • Investment Banking
    • Media & Entertainment
    • New Media

• Networking clubs available to full-time MBA students:

  • • Black MBA Association
    • Hispanic Student Organization
    • International Club
    • Partners/Family
    • Women in MBA
    • Other
    • Volunteer
    • Gay/Lesbian/Bisexual
    • Wine

TEACHING/ACADEMICS

• Teaching methods used:

  • Case Study: 50 %
  • Distance Learning: 0 %
  • Experiential Learning: 15 %
  • Lectures: 20 %
  • Simulations: 3 %
  • Team Projects: 12 %
  • Other: 0 %

• Requirements for graduation:

  • • Students must have attended a minimum number of classes
    • Students must have earned a pre-determined GPA/Letter grade average
  • Students must have completed at least one experiential learning course.

TECHNOLOGY

• • Technology improvements in the last three academic years: Multi-point, high-def desktop telepresence; Google Apps for MBA students; student club collaboration and management system; iPhone and Android admissions applications; Web 2.0 admissions system; 12 Bloomberg Financial Services Terminals; additional group study rooms with computers/online access; WebEx service for teaching, career services webinars, and admissions; Web 2.0 student portal; Concierge-style laptop support; SAKAI Learning Management System; Web 2.0 Student Registration System.
  • Amount spent: $18,574,674.00

B-SCHOOL ALUMNI

• • Living MBA alumni: 11,086
  • Active MBA alumni clubs: 87
  • Countries in which MBA clubs exist: 29
  • Living MBA alumni who gave in past year: 16 %
  • Mean gift from MBA alumni: $1,131.00
  • Did school receive an individual gift in excess of $10 million in the past academic year? No
  • Business School endowment: $253,423,169.00
  • Does the main university offer career placement services for alumni? Yes
  • Does the main university have an alumni networking Web site? Yes
  • University alumni networking site: http://alumni.berkeley.edu
  • Does the B-School have an alumni networking Web site? Yes
  • Business school alumni networking site: http://www.haas.berkeley.edu/groups/alumni/index.html
  • Does the B-SCHOOL offer career services for alumni? Yes
  • Do current MBA students have access to an alumni database? Yes

CAREER SERVICES

• • Graduates seeking full-time professional MBA employment: 94 %
  • Graduates not seeking employment: 5 %
  • Graduates for whom you have no information regarding employment: 1 %

• Annual job-searching trips that the school coordinates or participates in:

  • Destination: Wall Street
  • Amount Paid By School: Partial
  • Destination: China: Hong Kong, Shanghai, Beijing
  • Amount Paid By School: Partial
  • Destination: Silicon Valley
  • Amount Paid By School: Partial
  • Destination: BRIC trip: Brazil
  • Amount Paid By School: Partial
  • Destination: Washington, D.C.
  • Amount Paid By School: Partial

• Primary source of job offer:

  • School-facilitated activities: 65 %
  • Graduate-facilitated activities: 31 %
  • No information provided by graduate: 4 %

• Job Offers for 2011 graduates

  • Received first job offer by graduation: 77 %
  • Received first job offer in three months following graduation: 15 %
  • Received first job offer more than 3 months after graduation: 2 %
  • Did not report having received a job offer: 6 %
  • Accepted first job offer by graduation: 72 %
  • Accepted first job offer in three months following graduation: 19 %
  • Accepted first job offer more than 3 months after graduation: 3 %
  • Did not report having accepted a job offer: 6 %

• Top recruiting organizations most recent academic year:

  • McKinsey & Company 16
  • Deloitte Consulting LLP 12
  • Google 8
  • PG&E Corporation 6
  • Genentech, Inc. 6
  • MIcrosoft Corporation 5
  • Amazon 5
  • Samsung-Samsung Global Strategy Group 5
  • The Boston Consulting Group 4
  • Cambridge Associates, LLC 3
  • McKesson 3
  • Applied Materials 3
  • Bain & Company 3
  • L.E.K. Consulting 3
  • Citibank 2
• • Job-accepting graduates who received a signing bonus: 70 %

• Base salary, signing bonuses and other compensation for most recent employed graduates:

  • Mean base salary: $114,232.00
  • Median base salary: $111,000.00
  • Mean signing bonus: $22,344.00
  • Median signing bonus: $20,000.00
  • Mean other guaranteed compensation: $34,587.00
  • Median other guaranteed compensation: $25,000.00

• Graduating students who accepted jobs in the following functional areas:

  • Consulting: 28 %
  • Finance/Accounting: 22 %
  • General Management: 22 %
  • Human Resources: 0 %
  • Marketing/Sales: 18 %
  • Management Information Systems: 1 %
  • Operations/Logistics: 2 %
  • Other: 7 %

• Graduating students who accepted jobs in the following industries:

  • Government: 0 %
  • Consulting: 27 %
  • Consumer Products: 4 %
  • Financial Services: 16 %
  • Manufacturing: 0 %
  • Media/Entertainment: 0 %
  • Non-Profit: 1 %
  • Petroleum/Energy: 7 %
  • Pharmaceutical/Biotechnology/Health Care: 7 %
  • Real Estate: 3 %
  • Technology: 32 %
  • Other: 3 %

• Graduates who accepted full-time jobs in the following regions:

  • Africa: 1 %
  • Asia: 9 %
  • Europe: 4 %
  • North America: 81 %
  • Oceania: 0 %
  • Latin America and the Caribbean: 5 %

• Within the U.S., graduates who accepted full-time jobs in the following regions:

  • Northeast: 6 %
  • Mid-Atlantic: 2 %
  • South: 1 %
  • Southwest: 2 %
  • Midwest: 1 %
  • West: 88 %
  • Possessions and territories: 0 %

• Top recruiting organizations for internships, most recent academic year:

  • Google 11
  • Apple 7
  • Novartis 6
  • McKinsey & Company 6
  • Microsoft Corporation 5
  • The Boston Consulting Group 5
  • Autodesk, Inc. 4
  • Education Pioneers, Inc. 4
  • Morgan Stanley 4
  • Amazon 4
  • FACEBOOK 4
  • JP Morgan 4
  • Deloitte Consulting LLP 3
  • Johnson & Johnson 3
  • Zynga 3
• • Internships awarded that are paid: 98 %

• Weekly internship compensation:

  • Mean: $1,534.00
  • Median: $1,617.00
• • Average internship length in weeks: 10

• • -At Haas, I felt that I strengthened/acquired many intangible assets. Besides a strong core curriculum and a network of alumni (who will actually return your calls and e-mails), I have the culture ingrained into me. The school is very supportive and very student-led, allowing me to take a part of many different activities such as organizing and leading a business trek to China. My friends at other business schools did not have such opportunities.
    
    -I think that Haas has the best Career Services Office. My peers within the real estate group gets personalized e-mails from our career services officer, who knows exactly what we are looking for—this specialized attention has helped tremendously.
    
    -Haas is located in the most vibrant location for an MBA to graduate from. The school is highly entrepreneurial in its outlook, programs and student culture. Not everyone is expected to start their own business, but to take an entrepreneurial approach towards anything that they do. No other school can beat this culture.
    
    -My only complaint about the experience is that the school is a little too laid back. The professors seem to take the attitude that the students have chosen to be here, so they should choose how hard then want to work. But this attitude can allow people to coast and at times the work product was less than what people were capable of. This shouldn't be permitted.
    
    -Although the MBA did not help me fulfill my goal of switching careers, it was a high quality program that delivered on all other fronts.
    
    -The focus on the community and student-run activities at Haas is an incredible differentiator. The students are all very supportive and will help each other even in highly competitive situations (like prepping for consulting interviews). They also think outside of their own career paths.
    
    -The student-run nature of clubs means that students take on real responsibilities for events and conferences, have incredible access to industry contacts, have complete control over the focus of their activities and the ability to experiment and innovate with their club events.
    
    -I believe that the diversity of applicants and specialties at Haas greatly broadened my horizons both in terms of experience and education. While some other schools are known for churning out certain types of students (finance, marketing, etc.), Haas has a great diversity that enabled me to explore a ton of fields.
    
    -Haas offers excellent small, tight-knit group of colleagues that created deep friendships. Great networking opportunities with large companies, small companies, and venture capitalists due to both the location of the school and the effort of students/administration to bring speakers to campus. For my interests in high technology and clean technology, the cross-collaboration with other departments on campus and the national labs next door gave me the ability to gain deep content knowledge.
    
    -I would strongly recommend Berkeley to anyone looking to get an MBA. However, if you plan to live in Boston for example, it makes more sense to go to MIT or Harvard. The network is always locally and the network is a huge reason why you get an MBA. Berkeley is awesome for careers in clean-tech, high tech, healthcare, non-profit, real estate, entrepreneurial activities etc. But if you want to go into banking, you should go to Wharton or Columbia.
    
    -Haas's small class size was amazing to be a part of for two years. The resources at Berkeley were perfect for starting a business.
    
    -Living so close to the Silicon Valley is an incredible experience for those interested on entrepreneurship or technology. The professors and classmates are outstanding, relaxed and open-minded.