FULL-TIME MBA Profiles Publish Date 11/05/09

University of California-Berkeley

Haas School of Business

Getting In

PROGRAM BASICS

The Berkeley MBA, Full-time Program

Haas School of Business

545 Student Services Bldg. #1900
University of California, Berkeley
Berkeley , California 94720-1900 United States

Program Web site:

http://mba.haas.berkeley.edu/

Status:

Public Institution

Program e-mail address:

mbaadm@haas.berkeley.edu

Graduate business school is accredited by:

AACSB International

SCHOOL BASICS

Graduate business school enrollment:

Total: 1,563
Full-Time MBA: 494
Part-time MBA: 775
Executive MBA: 147
PhD Program: 82

Undergraduate business school enrollment:

701

Graduate degree programs:

Other graduate degree programs:

Master's of Financial Engineering, which has a total enrollment of 65

PROGRAM COSTS

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

Resident : $ 77,548
Nonresident : $ 94,715
Recommended annual budget (Resident): $ 58,619
Recommended annual budget (Nonresident): $ 67,819

PROGRAM LENGTH

Full-time program (months):

ADMISSIONS

Application Deadlines

Semester: Round one
Deadline: 10
Semester: Round two
Deadline: 12
Semester: Round three
Deadline: 2
Semester: Round four
Deadline: 3

Does the program have rolling admissions?

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 Computer Based

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:

4,064

Applicants who were accepted to the most recent class:

11 %

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:

11 %

Applicants wait-listed during the last admissions cycle:

454

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

Applicant interviews are:

By invitation only

Applicants (admitted and denied) who were interviewed:

24 %

Admitted applicants who were interviewed:

100 %

APPLICANT POOL

International applications received:

43 %

Applications from women received:

32 %

Mean base salary forgone:

$ 77,435

Median base salary forgone:

$ 79,000

CLASS PROFILE

Full-time students in newest entering class (2009-2010) that are:

Female: 28 %
International: 31 %

Students from following regions:

Asia: 14 %
Eastern Europe and Central Asia: 1 %
Latin America and the Caribbean: 7 %
Middle East: 1 %
North America: 66 %
Oceania : 1 %
Western Europe: 10 %

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

African American: 1 %
Asian American: 27 %
Hispanic or Latino American: 2 %
White (Non-Hispanic): 52 %
Chose not to report: 12 %
Other: 6 %

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

Northeast: 24 %
Mid-Atlantic: 10 %
South: 4 %
Southwest: 3 %
Midwest : 5 %
West: 47 %

Mean months of work experience of newest entering class:

Median months of work experience of newest entering class:

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

From: 36
To: 84

Median age of entering class:

Mean age of entering class:

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:

77 %

Full-time MBAs receiving financial aid in the current academic year:

85 %

Mean MBA financial aid package for the current academic year:

$ 38,628

Median MBA financial aid package for the current academic year:

$ 34,704

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:

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:

$ 10,851

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?

Mean outstanding debt among the most recent graduates from the full-time MBA program:

$ 68,333

GMAT

Are applicants required to take the GMAT?

Yes

GMAT scores:

Mean : 718
Median: 720

Middle 80% range GMAT scores:

From: 680
To: 760

Academics & Lifestyle

CLASS OFFERINGS

Average number of students in a full-time MBA core class:

Average number of students in a full-time MBA elective class:

Elective courses available to full-time MBA students:

120

Electives that have been added to the full-time program since June 30, 2009:

Innovtion Creativity and the Entrepreneur
Design and Systems Thinking for MBAs
Topics in Open Innovation
Hedge Funds
Cleantech to Market

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

2006

N/A

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?

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

Finance

General Management

Leadership

Marketing

Strategy

FACULTY

Faculty employed by the B-school:

209

Full-time faculty:

Tenured: 60
Non-Tenured: 20

Adjunct/Visiting Faculty:

Tenured: 9
Non-Tenured: 120

Women on Faculty:

Tenured: 12
Non-Tenured: 29

Minority Faculty:

N/A

International Faculty:

Tenured: 13

Faculty with PhDs:

Tenured: 60
Non-Tenured: 29

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 %
Lectures: 25 %
Simulations: 3 %
Team Projects: 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

Technology improvements in the last three academic years:

• A new high-tech Koret Classroom and two breakout rooms. The classroom will be equipped with state-of-the-art video conferencing, dual-screen projectors, document reader, extensive white boards, and high-tech lectern with touch screen controls. A "confidence monitor" will allow the instructor to face the class and, at the same time, see what the students see on the boards and screens behind the instructor. It also features high-definition video displays and high-definition video capture, encoding, and distribution studio. • Gigabit Ethernet Network • New Web 2.0 Student Portal • New CRM solution • New Business Center & Service Now! (like Apple Genius Bar) • New Enterprise Event Management System • Concierge-style laptop support • Macintosh support • Smartphone support • Remote desktop • Site licensed Microsoft products for students • SAKAI Learning Management System • Custom, professionally facilitated software training • Social Networking Tools • New Web 2.0 Student Registration System • Services Uptime of 99.97% • Free printing

Amount spent:

$ 16,690,579

Alumni Affairs & Careers

B-SCHOOL ALUMNI

Living MBA alumni:

11,089

Active MBA alumni clubs:

Countries in which MBA clubs exist:

Living MBA alumni who gave in past year:

18 %

Mean gift from MBA alumni:

$ 492

Median gift from MBA alumni:

$ 150

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

Business school endowment

$ 176,683,216

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://www.alumni.berkeley.edu/Alumni/main.asp

Does the B-School have an alumni networking Web 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: 87 %
Graduates not seeking employment: 10 %
Graduates for whom you have no information regarding employment: 3 %

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

Destination: New York (Wall Street)
Month: December
Amount Paid By School: Partial
Destination: Hong Kong/Shanghai/Beijing
Month: December/January
Amount Paid By School: Partial
Destination: Los Angeles
Month: March
Amount Paid By School: Partial
Destination: Silicon Valley, CA
Month: November and March
Amount Paid By School: Partial
Destination: Washington DC
Month: January
Amount Paid By School: Partial

Primary source of job offer:

School-facilitated activities: 65 %
Graduate-facilitated activities: 32 %
No information provided by graduate: 3 %

Job Offers for 2009 graduates:

Received first job offer by graduation: 74 %
Received first job offer in three months following graduation: 12 %
Received first job offer more than 3 months after graduation: 2 %
Did not report having received a job offer: 12 %
Accepted first job offer by graduation: 65 %
Accepted first job offer in three months following graduation: 16 %
Accepted first job offer more than 3 months after graduation: 4 %
Did not report having accepted a job offer: 15 %

Top recruiting organizations most recent academic year:

McKinsey & Company 15
Adobe Systems 8
Deloitte Consulting 8
A.T. Kearney, Inc. 4
Boston Consulting Group 4
Amazon 3
Genentech, Inc. 3
McKesson 3
PricewaterhouseCoopers LLC 3
Symantec 3
Yahoo! 3
ZS Associates 3
Apple 2
Johnson & Johnson 2
Bain & Company 2

Job-accepting graduates who received a signing bonus:

64 %

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

Mean base salary: $ 108,428
Median base salary: $ 110,000
Mean signing bonus: $ 20,596
Median signing bonus: $ 20,000
Mean other guaranteed compensation: $ 29,481
Median other guaranteed compensation: $ 17,000

Graduating students who accepted jobs in the following functional areas:

Consulting: 30 %
Finance/Accounting: 17 %
General Management: 20 %
Human Resources: 1 %
Marketing/Sales: 22 %
Management Information Systems (MIS): 1 %
Operations/Logistics: 2 %
Other: 7 %

Graduating students who accepted jobs in the following industries:

Government: 1 %
Consulting: 26 %
Consumer Products: 6 %
Financial Services: 15 %
Manufacturing: 2 %
Media/Entertainment: 2 %
Non-Profit: 3 %
Petroleum/Energy: 3 %
Pharmaceutical/Biotechnology/Health Care: 10 %
Real Estate: 3 %
Technology: 26 %
Other: 2 %

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

Africa: 1 %
Asia: 12 %
Latin America and the Caribbean: 5 %
North America: 78 %
Western Europe: 4 %

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

Northeast: 3 %
Mid-Atlantic: 1 %
South: 2 %
Southwest: 3 %
Midwest: 2 %
West: 88 %
Canada: 1 %

Top recruiting organizations for internships, most recent academic year:

Abbott 7
Amazon 7
Apple 7
Yahoo! 7
Education Pioneers 5
BT (British Telecom) 4
Bloom Energy 3
Chevron 3
Chevron 3
Del Monte 3
Deloitte Consulting 3
Genentech 3
McKinsey & Co. 3
Lucas Arts 3
Microsoft 3

Internships awarded that are paid:

94 %

Weekly internship compensation:

Mean: $ 1,351
Median: $ 14,000

Average internship length in weeks:

SCHOOL COMMENTS

School Comments:

Financial Aid: The Haas School does not offer guaranteed loans to all students. However, in response to the economic climate the Haas School temporarily offers loans of up to $20,000 to all US and international students who are ineligible for US federal loans.

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