PROGRAM BASICS

• • UCLA Anderson School of Management
  • UCLA Anderson Fully Employed MBA (FEMBA)
  • 110 Westwood Plaza
  • Suite A101f
  • Los Angeles, 90095, California
  • United States
  • Program Web site: http://www.anderson.ucla.edu/femba.xml
  • E-mail: femba.admissions@anderson.ucla.edu
• • Percentage of part-time students who graduate within six years of entering program: 97 %
  • Average months to complete program: 32
  • Maximum months permitted to complete program: 60
  • Does the school have a separate full-time MBA program? Yes
  • If so, can part-time students switch to the full-time program? No

• Tuition and Fees: (Based on six credits in the fall and six credits in the spring)

  • Resident: $35,799.00
  • Non-Resident: $35,799.00

• Tuition per credit:

  • Resident $1,315.00
  • Non-resident $1,315.00
• • Graduate business school is accredited by: Association to Advance Collegiate Schools of Business (AACSB)

SCHOOL BASICS

• Graduate business school enrollment:

  • Total: 1,943
  • Full-Time MBA: 747
  • Part-Time MBA: 842
  • Executive MBA: 246
  • PhD Program: 75
• • Undergraduate business school enrollment: 0
  • Graduate degree programs: Other
  • Other graduate degree programs: Master of Financial Engineering

ADMISSIONS, SELECTIVITY AND YIELD

• • Total applications, most recent entering class: 640
  • Applications accepted, most recent entering class: 58 %
  • Admitted students enrolled: 80 %
  • Applicants wait-listed during the last admissions cycle: 92
  • Wait-listed applicants admitted for the semester to which they applied: 22
  • Applicant interviews are: Recommended

ENTRY REQUIREMENTS

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

• GMAT score distribution (applicant pool)

  • 10th Percentile 540
  • 25th Percentile 610
  • 50th Percentile (median) 660
  • Average GMAT Score 643
  • 75th Percentile 700
  • 90th Percentile 720

• GMAT score distribution (incoming class)

  • 10th Percentile 640
  • 75th Percentile 710
  • 25th Percentile 660
  • 50th Percentile (median) 690
  • 90th Percentile 730
  • Average GMAT Score 689
• • Is proficiency in English required? 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

• Other additional English language proficiency tests accepted

  • none.
• • Minimum paper-based TOEFL: 600

• Relative Importance of Application Elements:

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

CLASS PROFILE

• • Female students: 27 %
  • International students: 24 %

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

  • African American: 1 %
  • Asian American: 41 %
  • Hispanic or Latino American: 5 %
  • Native American: 0 %
  • White (Non-Hispanic): 43 %
  • Chose not to report: 10 %
  • Other: 0 %

• Postgraduate work experience (months):

  • Mean: 74
  • Median: 72
  • From: 48
  • To: 108
  • One year or less: 0 %

• Base salary of entering part-time MBA students:

  • Mean: $80,209.00
  • Median: $78,000.00

• Middle 80% range:

  • From: $50,000.00
  • To: $110,000.00

• Entering students work in the following functional areas:

  • Consulting: 12 %
  • Finance/Accounting: 23 %
  • General Management: 15 %
  • Human Resources: 1 %
  • Marketing/Sales: 11 %
  • Management Information Systems: 4 %
  • Operations/Production: 30 %
  • Other: 4 %

• Entering students work in the following industries:

  • Consulting: 5 %
  • Consumer Products: 9 %
  • Financial Services: 13 %
  • Government: 5 %
  • Manufacturing: 4 %
  • Media/Entertainment: 12 %
  • Non-Profit: 1 %
  • Petroleum/Energy: 3 %
  • Pharmaceutical/Biotechnology/Health Care: 11 %
  • Real Estate: 3 %
  • Technology: 29 %
  • Other: 5 %

• Organizations that send the most participants to the part-time MBA program:

  • Qualcomm 57
  • Northrop Grumman 40
  • Disney 35
  • Boeing 32
  • Bank of America/US Military 24
• • Mean age, newest entering class: 30
  • Median age, newest entering clas: 29

FINANCIAL AID

• • Part-time MBAs apply for financial aid through: Dedicated financial aid office at the B-school
  • Students receiving some form of financial aid in 2011-12: 68 %

• Of part-time MBA students who applied for financial aid for the 2011-12 academic year, percentage receiving:

  • Institutional Scholarships: 3 %
  • Assistantships: 5 %
  • Loans (private and government): 75 %
• • Mean financial aid package: $35,000.00
  • Median financial aid package: $27,000.00
  • On what basis are scholarships awarded? A combination of need and merit
  • Full-tuition scholarships awarded, 2011-12: 0
  • How does an applicant apply for scholarship consideration? Unique scholarship application
  • Does school offer a guaranteed loan to all part-time MBAs? Yes
  • Maximum guaranteed loan: $60,000.00
  • Mean outstanding debt at graduation: $82,350.00

FACULTY

• • Faculty employed by the B-school: 157

• Full-time faculty:

  • Tenured: 65
  • Non-Tenured: 25

• Adjunct/Visiting Faculty:

  • Tenured: 0
  • Non-Tenured: 67

• Women on Faculty:

  • Tenured: 10
  • Non-Tenured: 19

• Minority Faculty:

  • Tenured: 17
  • Non-Tenured: 12

• International Faculty:

  • Tenured: 23
  • Non-Tenured: 21

• Faculty with PhDs:

  • Tenured: 65
  • Non-Tenured: 58

STUDENT LIFE

• Active MBA specialization clubs open to part-time students:

  • • Biotech/Health care
    • Corporate Social Responsibility/NetImpact
    • Entrepreneurship
    • Finance
    • Human Resources
    • Marketing
    • Nonprofit
    • Other
    • High Tech
    • VC/ Private Equity
    • E-business
    • Environmental
    • Consulting
    • Information Technology
    • Manufacturing
    • Media & Entertainment
    • Investment Banking
    • Business Ethics
    • Business Law
    • New Media

• Active MBA networking clubs open to part-time students:

  • • International Club
    • Black MBA Association
    • Hispanic Student Organization
    • Volunteer
    • Women in MBA
    • Other
    • Gay/Lesbian/Bisexual
    • Partners/Family
    • Wine
• • Do part-time MBA students have their own area/center on campus? Yes
  • Do part-time MBA students have break-out rooms? Yes

TEACHING/ACADEMICS

• Teaching Methods:

  • Case Study: 20 %
  • Distance Learning: 5 %
  • Experiential Learning: 20 %
  • Lectures: 35 %
  • Simulations: 5 %
  • Team Projects: 15 %
  • Other: 0 %
• • Estimated number of hours per week students spend on classwork, excluding time spent in class: 21
  • Teachers in the part-time program: 74
  • Tenured teachers in the part-time program: 59
  • Faculty also teaching in full-time program: 100 %
  • Faculty with at least five years of full-time corporate experience 46 %
  • Average core class size: 69
  • Average elective class size: 48
  • Electives available: 103

• Recently added electives:

  • Managerial Decision Making
  • Market and Credit Risk Management
  • International Business Economics
  • Information Systems Project Management
  • Psychology and Personal Finance
  • Intl Exchange (3 schools); Intl Studies ( 5 countries)
• • Last curriculum revision: 2011
  • Recent curriculum changes: Marketing Management I and II have been combined into one 4-unit course and Financial Markets has increased to 4 units. Management 430 is no longer a core course, but has become a constrained elective.

• Concentrations and specializations offered to part-time MBAs:

  • • Other
    • Entrepreneurship
    • International Business

• Additional concentrations offered:

  • Leaders in Sustainability Certificate Program
• • Does the B-school offer an accelerated part-time MBA program? No

• Leading areas of study:

  • • Entrepreneurship
    • Finance
    • International Business
    • Marketing
    • Real Estate

• Graduation requirements:

  • • Students must have attended a minimum number of classes
    • Students must have earned a pre-determined GPA/Letter grade average
    • Students must complete a company-specific project and present results to relevant parties
• • Credits required to graduate: 84

TECHNOLOGY

• • Technology improvements in the last three academic years: Enhanced classroom technology, online course evaluations, AV technology in communications course, central SharePoint portal access, AppV, wireless upgrades, improved network security, SSL VPN, network-based events displays, active learning group pods & Boardroom construction in Rosenfeld Library, construction of Jim Easton Global Connection Classroom (showcase tech), new student email calendar system, network & storage infrastructure, custom administrative CRM system, virtual servers
  • Amount spent: $4,100,000.00

B-SCHOOL ALUMNI

• • Living MBA alumni: 20,798
  • Active MBA alumni clubs: 41
  • Countries in which MBA clubs exist: 18
  • Living MBA alumni who gave in past year: 21 %
  • Mean gift from MBA alumni: $2,195.00
  • Median gift from MBA alumni: $150.00
  • Did school receive an individual gift in excess of $10 million in the past academic year? No
  • Business school endowment $122,867,170.00
  • 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.ucla.edu
  • Does the B-school offer career services for alumni? Yes
  • Does the B-School have an alumni networking Web site? Yes
  • Business school alumni networking site: http://www.anderson.ucla.edu/x24248.xml
  • Do current MBA students have access to an alumni database? Yes

CAREER SERVICES

• • Do part-time MBAs have access to career development office?
    • Yes
  • If yes, at what point in the degree process are part-time MBA students able to use the service?
    • At any time
  • Are part-time MBAs permitted to interview for full-time jobs? Yes
  • Are part-time students included in resume drops? Yes

• • -The MBA program was fantastic in its learning, opportunities it opened up, networking it allowed and overall value for money. The program was rigorous and fun.
    
    -I appreciated the personal attention/one on one time the professors afforded us in the classroom setting. The professors are of the highest quality, and at the top of their industries. No other school offers the GAP (Global Access Program) that offers a legit, real-world international consulting experience. Plus, the FEMBA program makes it possible to study abroad as a working professional with the one-week long study exchange programs in a variety of different countries.
    
    -Overall the program is run well and met all of my expectations. The only improvement I can think of would be to expand the class offerings to more specific topics that might interest students whose careers are already on a specific path.
    
    -Anderson far exceeded my expectations with regards to the caliber of the student body. I truly believe that the best and brightest go to Anderson and the value of the experience had as much to do with learning from my student colleagues as it did with my professors.
    
    -Career services for the part-time MBA students need to be improved. Almost all of the job postings and interviews were geared to starting positions. It was almost entirely geared to the full-time students. The career services department needs to provide the same level of services to the part-time students. The part-time students, I feel, are being short-changed. Also, any sort of interviewing processes need to be streamlined for the part-time students. Currently, there is too much additional training, too many "hoops," to jump through for the part-time students in order to attend the interview sessions that currently exist. The administration needs to be more responsive to the needs of the part-time MBA students. It is often difficult to reach anyone on the telephone if there is a question or concern.
    
    -The part time MBA curriculum at Anderson is as rigorous as the full time curriculum. We have access to the same great professors and activities such as clubs.
    
    -The career center is good, but understaffed. I would like to see them spend more time networking with recruiters in the local large companies so that they would be able to help provide networking opportunities for students who find themselves unemployed during the program. Many times, the career center staff did not have the connections to help in peoples' job searches, only advice to give on how to network. A more 'connected' career center would help make our job searches more effective, and take less time.
    
    -While rigorous, I gained a lot out of the program. The people I met, the shared goals and values. The program's caliber of students was just amazing. The GAP project really gave me the tools to go out and build my own business and to help others do as well.
    
    -I think the part time program could be a bit smaller. The trend I've noticed recently is that class sizes have increased and there are more students admitted/attending, which may lower the quality of learning (especially from the numerous teachers who opt to grade their own papers rather than handing them off to a TA).
    
    -The Anderson MBA broadened my perspective of business, from a somewhat narrow view of finance, to a more complete view from start-up initiation to global operations management, and optimizing capital structures. I was amazed by the breadth and depth of student talent, representing a wide variety of industries. The program also opened the door to a large network of professionals here in Los Angeles, but also internationally. More importantly, the MBA education enhanced my career credentials, particularly as I transitioned employers during the program.
    
    -Separating the part-time students' career services from the full time students'. FEMBA and EMBA students are a different product - more experienced, more mature, more dedicated - and therefore need to be marketed to potential employers differently from full time students. As part-time students we were expected to participate in all the same networking/career events as full-time students in order to apply for the same positions, which was impossible due to current job demands. What's most impressive about the Femba program at UCLA is that it offers equivalent rigor, expectations and opportunities to the full time program. It is definitely a challenge to balance work life with school (and a personal life), but the scholastic experience, the academically talented community, and the social opportunities make it highly valuable to anyone in the Southern California business world. It seems to me that while a number of other schools offer part-time programs as "business school light", Anderson does a fantastic job of tailoring the Femba program to meet the needs of a fully employed community without adulterating the experience.
    
    -I am a proponent of even more hands on experience -- less theory, more application.
    
    -I cannot think of another school that can compete with Anderson in terms of total package. The instructors are beyond top-notch, and I continue to be surprised even into my 3rd year. The students are competitive, yet friendly and always willing to help. There is definitely a spirit of teamwork and camaraderie that was woefully missing from my prior experience at UC Berkeley. If you are committed to success, you can achieve it at Anderson.