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

UCLA

Anderson School of Management

Getting In

PROGRAM BASICS

Full-Time MBA

UCLA Anderson School of Management

110 Westwood Plaza
Los Angeles , California 90095

Program Web site:

http://www.anderson.ucla.edu

Status:

Public Institution

Program e-mail address:

mba.admissions@anderson.ucla.edu

Graduate business school is accredited by:


AACSB International

Years in which the following programs were founded:


Full-time MBA: 1939
Part-time MBA : 1972
Executive MBA: 1981
Executive Education (non-degree): 1954
PhD program: 1953

PROGRAM COSTS

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


Resident : $  66,590
Nonresident : $  77,126
Recommended annual budget (Resident): $  25,762
Recommended annual budget (Nonresident): $  25,762

PROGRAM LENGTH

Full-time program (months):

21

ENROLLMENT

Graduate business school enrollment


Total graduate business school: 1683
Full-time MBA: 731
Part-time MBA: 755
Executive MBA: 134

PhD program: 63

Graduate degree programs:


Master of Accounting

Master of Electronic Commerce/Information Systems

Master of Finance

master of Human resources

Master of international Management/Business

Master of Marketing

Master of Technology

Other graduate degree programs:

N/A

ADMISSIONS

Application Deadlines

October 8 2008 January 8 2009 April 2 2009

Does the program have rolling admissions?

Yes

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

Other: N/A

Minimum paper-based TOEFL score required for MBAs:

560

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:

3693

Applicants who were accepted to the most recent class:

20 %

Admitted applicants who enrolled in the newest class:

52 %

Applicants who were re-applicants from prior years:

4 %

Percentage of this year's reapplicants accepted:

23 %

Applicants wait-listed during the last admissions cycle:

437

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

54

Applicant interviews are:

By invitation only

Applicants (admitted and denied) who were interviewed:

29 %

Admitted applicants who were interviewed:

100 %

APPLICANT POOL

Mean base salary forgone:

$  66,733

Median base salary forgone:

$  63,000

CLASS PROFILE

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


Female: 34  %
International: 32  %
Married: 18  %

Ethnicity/US Students in Program


African American: 1  %
Asian American: 14  %
Hispanic or Latino American: 5  %
Native American: .5  %
White (Non-Hispanic): 44  %
Chose not to report: 5  %

Students from following regions:


Africa : .3  %
Asia: 17  %
Eastern Europe and Central Asia: 2  %
Latin America and the Caribbean: 4  %
Middle East: 2  %
North America: 70  %
Oceania : 1  %
Western Europe: 4  %

Entering North American citizens by region:


Northeast: 18  %
Mid-Atlantic: 6  %
South: 3  %
Southwest: 6  %
Midwest : 4  %
West: 63  %

Mean months of work experience of newest entering class:

61

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:  96

Median age of entering class:

28

Mean age of entering class:

28

FINANCIAL AID

Full-time MBAs apply for financial aid through:

Central financial aid office at the university

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

71 %

Full-time MBAs receiving financial aid through school:

71 %

Mean MBA financial aid package for the current academic year:

$  40,860

Median MBA financial aid package for the current academic year:

$  52,034

On what basis are scholarships awarded?


a combination of need and merit

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:

$  11,865

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

90 %

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:

$  73,548

GMAT

Applicants required to take the GMAT?

Yes

Mean : 711
Median: 710

Middle 80% range GMAT scores:


From:  660
To:  760

Academics & Lifestyle

CLASS OFFERINGS

Average students in a full-time MBA core class:

72

Average students in a full-time MBA elective class:

32

Elective courses available to full-time MBA students:

86

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


Ethical Leadership
Digital Content Culture & Commerce
Complexity Leadership
Leadership & Ethics

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

2004

Concentrations and specializations offered to full-time MBA students:


International Business

Joint-degree programs offered to full-time MBAs:


MBA/JD (Law)

MBA/MCS (Computer Science)

MBA/MD (Medicine)

MBA/MSN (Nursing)

Other

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

No

FACULTY

Faculty employed by the B-school:

138

Full-time faculty


Tenured: 62
Non-Tenured: 39

Adjunct/Visiting Faculty


Tenured: 0
Non-Tenured: 16

Women on Faculty


Tenured: 7
Non-Tenured: 21

Minority Faculty


Tenured: 12
Non-Tenured: 12

International Faculty


Tenured: 10
Non-Tenured: 10

Faculty with PhDs


Tenured: 64
Non-Tenured: 79

STUDENT LIFE

Professional clubs available to full-time MBA students:


Biotech/Health care

Consulting

Corporate Social Responsibility/NetImpact

Entrepreneurship

Environmental

Finance

High Tech

Human Resources

Information Technology

Investment Banking

Marketing

Media & Entertainment

New Media

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: 16  %
Distance Learning: 0  %
Experiential Learning: 2  %
Lecture: 70  %
Simulations: 2  %
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

Students must complete a company-specific project and present results to relevant parties

TECHNOLOGY

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

Yes

Technology improvements in the last three academic years:

Sharepoint services; improved student registration system; storage additions; improved back-up infrastructure

Amount spent:

$  1,075,000

Alumni Affairs & Careers

ALUMNI

Living MBA alumni:

18,784

Active MBA alumni clubs

31

Countries in which MBA clubs exist

11

Living MBA alumni who gave in past year:

19 %

Mean gift from MBA alumni:

$  1,105

Median gift from MBA alumni

$  250

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

No

Business School Endowment

$  98,900,280

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.anderson.ucla.edu/

Does the B-School have an alumni networking site:

Yes

Business school alumni networking site:

http://alumni.anderson.ucla.edu

Do current MBA students have access to an alumni database?

Yes

CAREER SERVICES

Graduates seeking full-time professional MBA employment: 81  %
Graduates not seeking employment: 11  %
Graduates for whom you have no information regarding employment: 8  %

Of grads not seeking employment: Percentage of graduates not seeking employment who were company-sponsored, or already employed: 26  %
Percentage who were continuing their education (after graduation): 3  %
Percentage who were postponing their job search: 13  %
Percentage who were starting their own business(es) : 42  %
Percentage who were not seeking employment for other reasons: 16  %

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


Destination: Wall Street - New York, New York
Month: December
Amount Paid By School: none
Destination: Silicon Valley, CA (Tech & Healthcare)
Month: December
Amount Paid By School: none
Destination: Hong Kong
Month: December
Amount Paid By School: none
Destination: San Francisco, CA (Finance)
Month: November
Amount Paid By School: none
Destination: Orange County, CA (Tech)
Month: February
Amount Paid By School: none

Primary Source of Job Offer


School-facilitated activities: 69  %
Graduate-facilitated activities: 31  %

Job Offers for 2008 graduates:


Received first job offer by graduation: 80  %
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: 6  %

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


Deloitte Touche Tomatsu

11

Walt Disney Co.

8

Citigroup Inc.

8

Google Inc.

7

UBS

7

Yahoo

6

Bank of America Corp.

5

Morgan Stanley

4

Lehman Bros.

4

Goldman Sachs Group

3

Bain & Company

3

McKinsey & Company

3

Toyota, Mattel and Microsoft

Job-accepting graduates who received a signing bonus:

67 %

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


Mean base salary for most recent graduates: $  101,306
Median base salary for most recent graduates: $  96,000
Mean signing bonus for most recent graduates: $  23,407
Median signing bonus for most recent graduates: $  20,000
Mean other guaranteed compensation for most recent graduates: $  20,975
Median other guaranteed compensation for most recent graduates: $  15,000

Graduating students who accepted jobs in the following functional areas:


Consulting: 20  %
Finance/Accounting: 40  %
General Management: 4  %
Human Resources: 1  %
Marketing/Sales (Public Relations, Product Management, Market Research, Advertising, etc.): 18  %
Management Information Systems (MIS): .4  %
Operations/Logistics (Logistics, Purchasing, Engineering, etc.): 2  %
Other: 14  %

Graduating students who accepted jobs in the following industries:


Government (Federal, State, Local, Military): .4  %
Consulting: 15  %
Consumer Products: 10  %
Financial Services: 27  %
Manufacturing: 3  %
Media/Entertainment: 10  %
Non-Profit: 2  %
Petroleum/Energy: 2  %
Pharmaceutical/Biotechnology/Health care Products: 3  %
Real Estate: 7  %
Technology: 16  %
Other: 5  %

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


Asia: 6  %
Eastern and Central Europe and Central Asia: .4  %
Latin America and the Caribbean: 3  %
North America: 89  %
Oceana: .4  %
Western Europe: 1  %

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


Northeast: 6  %
Mid-Atlantic: 1  %
South: 1  %
Southwest: 2  %
Midwest: 4  %
West: 75  %

Top Companies - Internships:


Yahoo

8

Walt Disney Co.

8

Google Inc.

7

Deloitte Touche Tomatsu

6

Merrill Lynch

5

McKinsey & Company

4

Lehman Bros.

4

Bain & Company

4

UBS

3

Belki Corp, Symantec, Toyota, Mattel, Amgen and Activision

Internships awarded that are paid:

91 %

Mean and median intern compensation per week:


Mean :  1,489
Median:  1,500

Average internship length in weeks:

11

SCHOOL COMMENTS

School Comments:

N/A

Graduate Comments

I would strongly recommend my friends to enroll at UCLA Anderson. My experience at Anderson surpassed all of my expectations - thanks to my amazing classmates, fantastic faculty and the different centers at the school. The Entrepreneurship program provided by the Price center at Anderson is truly outstanding. -- Venture Capital/Private Equity

The program provided an incredible educational experience as well as remarkable access to the strong economy in the greater Los Angeles area. I was also able to get both a summer internship and full-time offer that met my expectations coming into b-school. -- Consulting

For anyone looking to start a career in Southern California, UCLA Anderson is by far the best option. However, it is not quite as prestigious as other schools like Stanford or Harvard. -- Investment Banking

Outstanding program with great professors, challenging course load and most importantly, a strong student body. -- Finance

UCLA Anderson is an incredibly supportive environment where one can truly flourish no matter their technical interest. -- Investment Banking

I found the caliber of the faculty and students at Anderson to be outstanding. At the same time, everyone I interacted with were truly warm and unpretentious. I've met friends for life. -- Marketing

I thought it was an excellent program, particularly for those coming from a non-business background wanting to leard the fundamentals quickly. -- Venture Capital/Private Equity

I honestly believe our MBA at Anderson to be an excellent program, academic and recruiting wise, located in a terrific city to live in that conveys a great deal of equilibrium for me and my family. We all had a great time in LA and enjoyed many of the student activities. My wife and daugther are now number one fans of the UCLA program. -- Finance

The students were of outstanding calibre and the alumni network is fantastic. I wish they offered more real estate specific courses, but other than that the program was fantastic. -- Finance

Anderson might not best school for peopoe who are pursuing specific career such as consulting. But One of the best school for finance, entrepreneurs and entertainment. -- Finance

I found that the people were extremely easy to get along with but very smart. The curriculum and professors were very challenging and I feel that I learned a lot. -- Human Resources

UCLA Anderson is just as good as any of the Top MBA's, but it has the additional distinction of "greatness without an attitude" which allows students to benefit not only from the outstanding faculty, but also from the other students. -- Finance

UCLA Anderson could have been a great school for Int'l students if only they could have taken care of us better. They focus on enhancing the experience of domestic students which leaves us with less success in recruiting and in academics. -- Investment Banking

UCLA, in my opinion, is a star that gets overlooked. The caliber of the students and just their natural "down - homeness" is really what makes this school as great as it is. In addition, being a state school, I think they have a tough time holding on to some professors...though they have really made an effort to bring in some new young blood. -- Operations

The MBA at Anderson was an incredible experience, one that I am sad is over. I also regret missing out on many school related activities, either due to lack of time or family obligations. I would definitely repeat this program, and would try and take advantage of more of what the school has to offer. -- Consulting

Admissions Tips

MBA Insider

MBA Insider

Check out this feature-rich area for advice and tools that will help you choose the right school—and develop a strategy for getting accepted.

 

Community

MBA Forums

MBA Forums

Ongoing conversations about MBA admissions, finding internships, landing a job, and more.

 

MBA Admissions

Getting In

'Getting In' Blog

The latest news on admissions to top business schools from BW writers and editors.

 

B-School Life

MBA Journals

MBA Journals

Follow current students as they experience business school.

 

Online Advice

MBA Journals

Chat Transcripts

Read what experts said in our online chats.

 

MBA Toolkit

Links to BusinessWeek B-school resources to help get you in, pay for it, and get a great job.

Getting In

B-School Life

 

Finding a Job

Paying the Bills