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FULL-TIME MBA Profiles Publish Date 11/13/08

University of California-Berkeley

Haas School of Business

Getting In

PROGRAM BASICS

The Berkeley MBA, Full-time Program

Haas School of Business

S545 Student Services Bldg. #1900
Berkeley , California 94720-1900

Status:

Public Institution

Program e-mail address:

mbaadm@haas.berkeley.edu

Graduate business school is accredited by:


AACSB International

Years in which the following programs were founded:


Full-time MBA: 1942
Part-time MBA : 1972
Undergraduate business program: 1898
Executive MBA: 2001
Executive Education (non-degree): 1956
PhD program: 1956

PROGRAM COSTS

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


Resident : $  66,475
Nonresident : $  84,055
Recommended annual budget (Resident): $  56,126
Recommended annual budget (Nonresident): $  64,916

PROGRAM LENGTH

Full-time program (months):

21

ENROLLMENT

Graduate business school enrollment


Total graduate business school: 2210
Full-time MBA: 500
Part-time MBA: 760
Executive MBA: 137

PhD program: 80
Other: 65

Undergraduate business school enrollment

668

Graduate degree programs:


Other graduate degree programs:

Master's in Financial Engineering

ADMISSIONS

Application Deadlines

11/04/08 12/9/08 1/30/09 3/11/09

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?

Which English language proficiency tests are accepted?


IELTS

TOEFL Computer Based

TOEFL Internet Based Test

TOEFL Paper-based Test

Other: N/A

Minimum paper-based TOEFL score required for MBAs:

570

Relative importance: 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:

3779

Applicants who were accepted to the most recent class:

12 %

Admitted applicants who enrolled in the newest class:

54 %

Applicants who were re-applicants from prior years:

5 %

Percentage of this year's reapplicants accepted:

15 %

Applicants wait-listed during the last admissions cycle:

368

Wait-listed applicants admitted for the semester to which they applied:

35

Applicant interviews are:

By invitation only

Applicants (admitted and denied) who were interviewed:

23 %

Admitted applicants who were interviewed:

100 %

APPLICANT POOL

International applications received:

37 %

Applications from women received:

31 %

Mean base salary forgone:

$  70,856

Median base salary forgone:

$  72,000

CLASS PROFILE

Full-time students in newest entering class (2008-2009) that are:


Female: 30  %
International: 39  %

Ethnicity/US Students in Program


African American: 2  %
Asian American: 29  %
Hispanic or Latino American: 2  %
White (Non-Hispanic): 59  %
Chose not to report: 4  %
Other: 4  %

Students from following regions:


Africa : 1  %
Asia: 19  %
Eastern Europe and Central Asia: 1  %
Latin America and the Caribbean: 6  %
Middle East: 3  %
North America: 60  %
Oceania : 2  %
Western Europe: 8  %

Entering North American citizens by region:


Northeast: 24  %
Mid-Atlantic: 10  %
South: 4  %
Southwest: 4  %
Midwest : 4  %
West: 48  %

Mean months of work experience of newest entering class:

65

Median months of work experience of newest entering class:

60

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


From:  40
To:  97

Median age of entering class:

28

Mean age of entering class:

29

FINANCIAL AID

Full-time MBAs apply for financial aid through:

Dedicated financial aid office at the B-school

Full-time MBAs applied for financial aid for the current academic year:

77 %

Full-time MBAs receiving financial aid through school:

71 %

Mean MBA financial aid package for the current academic year:

$  38,082

Median MBA financial aid package for the current academic year:

$  38,408

On what basis are scholarships awarded?


financial need

academic merit

a combination of need and merit

some other criteria

Full-tuition scholarships school will award during the upcoming academic year:

11

How does an applicant apply for scholarship consideration?

all candidates are considered for scholarship

Mean scholarships awarded to full-time MBAs in the previous academic year:

$  14,207

Percentage of second-year students receiving the same or more amount of money in their second year of study:

93 %

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:

$  69,816

GMAT

Applicants required to take the GMAT?

Yes

Mean : 714
Median: 710

Middle 80% range GMAT scores:


From:  670
To:  760

Academics & Lifestyle

CLASS OFFERINGS

Average students in a full-time MBA core class:

60

Average students in a full-time MBA elective class:

45

Elective courses available to full-time MBA students:

116

Electives that have been added to the full-time program since June 30, 2008:


Business to Business Marketing
Metrics of Sustainability
General Management and Strategy
Technology Innovation and Leadership
Corporate Innovation

Year of last major change or significant overhaul to the core curriculum:

2006

Joint-degree programs offered to full-time MBAs:


MBA/JD (Law)

MBA/MA (Arts)

MBA/MHSA (Health Services Administration)

Does the school offer an accelerated full-time MBA program?

No

FACULTY

Faculty employed by the B-school:

214

Full-time faculty


Tenured: 76
Non-Tenured: 2

Adjunct/Visiting Faculty


Tenured: 16
Non-Tenured: 120

Women on Faculty


Tenured: 20
Non-Tenured: 24

Minority Faculty


Tenured: 7
Non-Tenured: 15

International Faculty


Tenured: 22

Faculty with PhDs


Tenured: 76

STUDENT LIFE

Professional clubs available to full-time MBA students:


Biotech/Health care

Consulting

Corporate Social Responsibility/NetImpact

E-business

Entrepreneurship

Environmental

Finance

High Tech

Investment Banking

Marketing

Media & Entertainment

Nonprofit

VC/ Private Equity

Networking clubs available to full-time MBA students:


Black MBA Association

Gay/Lesbian/Bisexual

Hispanic Student Organization

International Club

Partners/Family

Volunteer

Wine

Women in MBA

Other

TEACHING/ACADEMICS

Teaching methods used


Case study: 50  %
Distance Learning: 2  %
Experiential Learning: 10  %
Lecture: 25  %
Simulations: 3  %
Team Project: 10  %

Requirements for graduation:


Students must have attended a minimum number of classes

Students must have earned a pre-determined GPA/Letter grade average

TECHNOLOGY

Is there a wireless network in main B-school buildings?

Yes

Technology improvements in the last three academic years:

Unified Messaging: Exchange 2007 Concierge-style laptop support Macintosh support Smartphone support: iPhone, Windowsmobile, PalmOS, and Blackberry Complete remote desktop services Site licensed Microsoft software products for students SAKAI Learning Management System Professionally facilitated, custom IT training Social Networking Tools and “Cloud” computing applications support New Web 2.0 Student Registration System

Amount spent:

$  16,607,983

Alumni Affairs & Careers

ALUMNI

Living MBA alumni:

10,867

Active MBA alumni clubs

44

Countries in which MBA clubs exist

17

Living MBA alumni who gave in past year:

18 %

Mean gift from MBA alumni:

$  580

Median gift from MBA alumni

$  200

Did school receive an individual gift in excess of $10 million in past academic year?

No

Business School Endowment

$  215,000,000

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://cal.berkeley.edu/

Does the B-School have an alumni networking site:

Yes

Business school alumni networking site:

http://www.haas.berkeley.edu/alumni/

Do current MBA students have access to an alumni database?

Yes

CAREER SERVICES

Graduates seeking full-time professional MBA employment: 85  %
Graduates not seeking employment: 13  %
Graduates for whom you have no information regarding employment: 2  %

Of grads not seeking employment: Percentage of graduates not seeking employment who were company-sponsored, or already employed: 39  %
Percentage who were continuing their education (after graduation): 6  %
Percentage who were postponing their job search: 10  %
Percentage who were starting their own business(es) : 45  %
Percentage who were not seeking employment for other reasons: 0  %

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


Destination: Washington DC
Month: November
Amount Paid By School: Parital
Destination: New York (Wall Street)
Month: December
Amount Paid By School: Partial
Destination: Hong Kong
Month: December
Amount Paid By School: Partial
Destination: Los Angeles
Month: March
Amount Paid By School: Partial
Destination: Silicon Valley
Month: November and March
Amount Paid By School: Partial

Primary Source of Job Offer


School-facilitated activities: 76  %
Graduate-facilitated activities: 23  %
No information provided by graduate: 1  %

Job Offers for 2008 graduates:


Received first job offer by graduation: 90  %
Received first job offer in three months following graduation: 5  %
Received first job offer more than 3 months after graduation: 1.5  %
Did not report having received a job offer: 3.5  %

Top recruiting firms and the number of full-time MBAs hired in the past 12 months:


Google Inc.

8

Amazon.com

7

Yahoo

7

Bain & Company

5

Wells Fargo

5

Boston Consulting Group

4

Apple

3

Morgan Stanley

3

Bank of America Corp.

2

Deloitte Consulting

5

Pacific Gas & Electric (PG&E)

5

Del Monte

3

eBay

3

The Clorox Company

2

Dow Chemical

2

Job-accepting graduates who received a signing bonus:

79 %

Mean and median base salary, signing bonuses and other compensation for most recent employed graduates:


Mean base salary for most recent graduates: $  108,967
Median base salary for most recent graduates: $  110,000
Mean signing bonus for most recent graduates: $  22,737
Median signing bonus for most recent graduates: $  20,000
Mean other guaranteed compensation for most recent graduates: $  29,662
Median other guaranteed compensation for most recent graduates: $  18,000

Graduating students who accepted jobs in the following functional areas:


Consulting: 18  %
Finance/Accounting: 28  %
General Management: 21  %
Human Resources: 2  %
Marketing/Sales (Public Relations, Product Management, Market Research, Advertising, etc.): 25  %
Management Information Systems (MIS): 1  %
Operations/Logistics (Logistics, Purchasing, Engineering, etc.): 2  %
Other: 3  %

Graduating students who accepted jobs in the following industries:


Consulting: 16  %
Consumer Products: 8  %
Financial Services: 21  %
Manufacturing: 2  %
Media/Entertainment: 2  %
Non-Profit: 3  %
Petroleum/Energy: 5  %
Pharmaceutical/Biotechnology/Health care Products: 7  %
Real Estate: 5  %
Technology: 30  %
Other: 1  %

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


Asia: 6  %
Eastern and Central Europe and Central Asia: 1  %
Latin America and the Caribbean: 2  %
Middle East: 1  %
North America: 88  %
Western Europe: 2  %

Within North America, graduates who accepted full-time jobs in the following regions:


Northeast: 4  %
Mid-Atlantic: 3  %
South: 3  %
Southwest: 1  %
Midwest: 3  %
West: 87  %

Top Companies - Internships:


McKinsey & Company

8

Boston Consulting Group

8

Google Inc.

6

Yahoo

6

Amazon.com

5

Apple

5

Goldman Sachs Group

3

Adobe

8

McKesson

5

Microsoft

5

ZS Associates

5

Dow Chemical

4

Johnson & Johnson

4

Kaiser Permanente

4

Salesforce.com

4

Internships awarded that are paid:

99 %

Mean and median intern compensation per week:


Mean :  1,577
Median:  1,628

Average internship length in weeks:

10

SCHOOL COMMENTS

School Comments:

N/A

Graduate Comments

The small program size was a great attribute - terrific attention from faculty and staff plus no ability to fly under the radar. Truly abundant leadership opportunities. -- Consulting

Berkeley is a very community-oriented school where students work hard and play hard. There is a lot of school spirit and pride. Because it is a state school, students have to be more involved with organizing so that conferences and other events take place. It's got a diverse student body and there's a club for every interest. The professors have a good sense of humor and are able to incorporate that into lectures and class discussions. -- Finance

Haas is a very unique business school, really driven by the student body in many ways. For years, many have been drawn to Haas because of its distinctive culture: students from very diverse interests and backgrounds who have a passion to make a substantive difference, not just make the next buck. -- Human Resources

I loved my Haas classmates. They were intelligent and impressive, but super laid-back and approachable. I consider them friends and an invaluable network. -- Marketing

Classmates were excellent with very diverse interests and backgrounds. That atmosphere was colleagial with everyone contributing to others' learning. The location is great for access to companies and extracurriculars. -- Investment Banking

I had a great experience. I developed personally and professionally and in both areas my expectations were exceeded. -- Consulting

Haas is just outstanding. Its a very collaborative environment. Even if we are competing for the same jobs everyone still helped each other during interviews. We believe that we should be accepted based not on how we can beat the other guy but more by rising up to the recruiters needs. -- Marketing

. The great asset of this program is people. All top 10 schools have strong academics so the difference in my opinion is about the character of each school. At Haas I found diversity but at the same time a common feeling that people matter the most. -- Investment Banking

I found the Haas MBA program to be a great stepping stone for me to move from an engineering/tech role into a finance role. The instruction and networking opportunities were well worth the cost of getting an MBA. -- Finance

Haas is a great school to get a job in Sillicon Valley and also benefits hugely from the entrepreneurial spirit of the Bay Area. If some of my friends is looking for a school with that combination, Haas is an ideal place to be. Additionally, the school's community is very collegial and supportive. -- Finance

I loved my two years at Haas. It was the best community I could have imagined that supported me and encouraged me through the entire b-school experience. Coming from a nonprofit background I was somewhat intimidated prior to starting, and the Haas community was so welcoming that I knew I had made the right decision to go to business school and to go to Haas. -- Finance

Haas is the best MBA program especially for international students. I could learn so many things from classmates with various backgrounds. Small class size also worked very well for me. -- Finance

I was very impressed at the level of education I received at Haas. Honestly, I was not expecting it. The school ended up being perfect for me. -- Human Resources

My two years at Haas were two of the best years of my life. I am extremely happy with my decision to attend Haas. I have made personal and professional contacts that will last a lifetime, and it opened doors to new career paths that I did not either know about or have access to before business school. -- Consulting

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