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

University of Southern California

Marshall School of Business

Getting In

PROGRAM BASICS

Marshall MBA Program

Marshall School of Business

University Park
Los Angeles , California 90089-1421

Program Web site:

http://www.marshall.usc.edu

Status:

Private Institution

Program e-mail address:

marshallmba@marshall.usc.edu

Graduate business school is accredited by:


AACSB International

WASC

Years in which the following programs were founded:


Full-time MBA: 1958
Part-time MBA : 1922
Undergraduate business program: 1920
Executive MBA: 1985
Executive Education (non-degree): 1951
PhD program: 1975

PROGRAM COSTS

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


Resident : $  88,800
Nonresident : $  88,800
Recommended annual budget (Resident): $  57,400
Recommended annual budget (Nonresident): $  57,400

PROGRAM LENGTH

Full-time program (months):

21

ENROLLMENT

Graduate business school enrollment


Total graduate business school: 2008
Full-time MBA: 525
Part-time MBA: 806
Executive MBA: 359

PhD program: 77
Other: 241

Undergraduate business school enrollment

3,513

Graduate degree programs:


Master of Accounting

Other graduate degree programs:

Master of Business Taxation Master of Science in Business Administration Master of Medical Management

ADMISSIONS

Application Deadlines

1-Nov 15-Jan 15-Feb 1-Apr

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?


TOEFL Computer Based

TOEFL Internet Based Test

TOEFL Paper-based Test

Other: N/A

Minimum paper-based TOEFL score required for MBAs:

600

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:

2076

Applicants who were accepted to the most recent class:

23 %

Admitted applicants who enrolled in the newest class:

46 %

Applicant interviews are:

By invitation only

Applicants (admitted and denied) who were interviewed:

60 %

Admitted applicants who were interviewed:

97 %

APPLICANT POOL

International applications received:

37 %

Applications from women received:

34 %

Mean base salary forgone:

$  67,000

Median base salary forgone:

$  65,000

CLASS PROFILE

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


Female: 29  %
International: 34  %

Ethnicity/US Students in Program


African American: 1  %
Asian American: 23  %
Hispanic or Latino American: 5  %
Multiethnic/Multiracial : 1  %
Native American: 0  %
White (Non-Hispanic): 30  %
Chose not to report: 5  %
Other: 34  %

Students from following regions:


Africa : 0  %
Asia: 27  %
Eastern Europe and Central Asia: 8  %
Latin America and the Caribbean: 1  %
Middle East: 0  %
North America: 63  %
Oceania : 0  %
Western Europe: 1  %

Entering North American citizens by region:


Northeast: 5  %
Mid-Atlantic: 2  %
South: 3  %
Southwest: 3  %
Midwest : 5  %
West: 83  %
Possessions and territories: 0  %

Mean months of work experience of newest entering class:

62

Median months of work experience of newest entering class:

55

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


From:  34
To:  114

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

On what basis are scholarships awarded?


academic merit

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

$  29,804

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

0 %

Does the school offer a guaranteed loan to all MBAs regardeless of nationality?

No

GMAT

Applicants required to take the GMAT?

Yes

Mean : 692
Median: 700

Middle 80% range GMAT scores:


From:  640
To:  740

Academics & Lifestyle

CLASS OFFERINGS

Average students in a full-time MBA core class:

70

Average students in a full-time MBA elective class:

36

Elective courses available to full-time MBA students:

85

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


Ethics and Social Issues in Business
Leadership and Executive Development

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

2005

Joint-degree programs offered to full-time MBAs:


MBA/JD (Law)

MBA/MA (Arts)

MBA/MD (Medicine)

Other

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

No

FACULTY

Faculty employed by the B-school:

198

Full-time faculty


Tenured: 73
Non-Tenured: 125

Adjunct/Visiting Faculty


Non-Tenured: 2

Women on Faculty


Tenured: 10
Non-Tenured: 44

Minority Faculty


Tenured: 11
Non-Tenured: 34

International Faculty


Tenured: 19
Non-Tenured: 40

Faculty with PhDs


Tenured: 73
Non-Tenured: 96

STUDENT LIFE

Professional clubs available to full-time MBA students:


Biotech/Health care

Business Ethics

Consulting

Corporate Social Responsibility/NetImpact

Entrepreneurship

Finance

High Tech

Human Resources

Information Technology

Investment Banking

Manufacturing

Marketing

Media & Entertainment

New Media

Nonprofit

VC/ Private Equity

Other

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: 30  %
Distance Learning: 0  %
Experiential Learning: 15  %
Lecture: 25  %
Simulations: 0  %
Team Project: 30  %
Other: 0  %

Requirements for graduation:


Students are required to complete international experience

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

Other

TECHNOLOGY

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

Yes

Technology improvements in the last three academic years:

2008 Remote access to all lab software, doubled email quotas for students, SharePoint, web accessible file storage, public calendars, bidding-style registration system, online real-time study room reservations for graduate students, online testing for graduate prerequisites, doubled student network storage, new career services application, mobile wireless computer labs, remote disaster recovery site, advanced blade-servers for research computing, streaming video capture in all MBA classrooms

Amount spent:

$  21M

Alumni Affairs & Careers

ALUMNI

Living MBA alumni:

22,476

Active MBA alumni clubs

61

Countries in which MBA clubs exist

22

Living MBA alumni who gave in past year:

11 %

Mean gift from MBA alumni:

$  2,314

Median gift from MBA alumni

$  810

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

No

Business School Endowment

$  213,000,000

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://www.usc.edu/alumni

Does the B-School have an alumni networking site:

Yes

Business school alumni networking site:

http://www.marshall.usc.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: 9  %
Graduates for whom you have no information regarding employment: 6  %

Of grads not seeking employment: Percentage of graduates not seeking employment who were company-sponsored, or already employed: 1  %
Percentage who were continuing their education (after graduation): 3  %
Percentage who were postponing their job search: 0  %
Percentage who were starting their own business(es) : 3  %
Percentage who were not seeking employment for other reasons: 2  %

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


Destination: New york
Month: December
Amount Paid By School: partial
Destination: NYC/N NJ/S. CT
Month: December
Amount Paid By School: partial
Destination: San Fran/Oakland
Month: January
Amount Paid By School: partial
Destination: Hong Kong
Month: January
Amount Paid By School: partial
Destination: San Diego
Month: January
Amount Paid By School: partial

Primary Source of Job Offer


School-facilitated activities: 77  %
Graduate-facilitated activities: 22  %
No information provided by graduate: 1  %

Companies that recruited second-year MBAs on campus in 2007-08:

288

Companies that posted full-time job offers for MBAs on the school's job boards in 2007-08:

999

Job Offers for 2008 graduates:


Received first job offer by graduation: 88  %
Received first job offer in three months following graduation: 94  %
Received first job offer more than 3 months after graduation: 96  %
Did not report having received a job offer: 4  %

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


Deloitte Touche Tomatsu

7

Bank of America Corp.

5

Procter & Gamble

3

Johnson & Johnson

6

Cisco

5

Nike

2

Apple

2

Walt Disney Co.

4

LA Times

5

Fox

4

Activision

3

Houlihan Lokey

3

Samsung

3

Toyota

3

The Groop

3

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: $  91,863
Median base salary for most recent graduates: $  92,000
Mean signing bonus for most recent graduates: $  18,318
Median signing bonus for most recent graduates: $  15,000
Mean other guaranteed compensation for most recent graduates: $  8,756
Median other guaranteed compensation for most recent graduates: $  9,000

Graduating students who accepted jobs in the following functional areas:


Consulting: 18  %
Finance/Accounting: 31  %
General Management: 1  %
Human Resources: 3  %
Marketing/Sales (Public Relations, Product Management, Market Research, Advertising, etc.): 32  %
Management Information Systems (MIS): 1  %
Operations/Logistics (Logistics, Purchasing, Engineering, etc.): 3  %
Other: 11  %

Graduating students who accepted jobs in the following industries:


Government (Federal, State, Local, Military): 0  %
Consulting: 18  %
Consumer Products: 14  %
Financial Services: 29  %
Manufacturing: 10  %
Media/Entertainment: 9  %
Non-Profit: 2  %
Petroleum/Energy: 3  %
Pharmaceutical/Biotechnology/Health care Products: 2  %
Real Estate: 5  %
Technology: 3  %
Other: 5  %

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


Africa: 0  %
Asia: 5  %
Eastern and Central Europe and Central Asia: 0  %
Latin America and the Caribbean: 1  %
Middle East: 0  %
North America: 94  %
Oceana: 0  %
Western Europe: 0  %

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


Northeast: 20  %
Mid-Atlantic: 1  %
South: 1  %
Southwest: 2  %
Midwest: 2  %
West: 74  %
Possessions and territories: 0  %
Canada: 0  %

Companies that recruited MBAs for internships on campus in 2007-08:

281

Companies that posted internships for MBAs on school job boards in 2007-08:

1,100

Top Companies - Internships:


Deloitte Touche Tomatsu

8

Johnson & Johnson

6

Walt Disney Co.

5

General Electric

5

Nestle

4

Cisco

4

Honeywell

3

Intel

3

KPMG LLP

3

Lehman Bros.

3

Toyota

7

Mattel

6

Warner Brothers

6

Houlihan Lokey

3

LA Times

3

Internships awarded that are paid:

100 %

Mean and median intern compensation per week:


Mean :  1,815
Median:  2,000

Average internship length in weeks:

9.5

SCHOOL COMMENTS

School Comments:

The item: Number of companies that posted full-time job offers for MBAs on the school's job boards in the 2007-2008 academic year. Only allows for answers into the 100s. We answered 999 (max) but really had 1250 companies post offers.

Graduate Comments

Unless you want to stay in the L.A. area and do marketing or entertainment, Marshall does not provide much support in terms of career services or coursework. -- Venture Capital/Private Equity

Not only did the academic faculty provide an outstanding business education, the program office provide a seamless operation, and the career resource center provide 100% dedication, but the students of Marshall provided invaluable insight as to what type of character, mentality, and passion it will take to succeed in both the current and future global economy. -- Consulting

Most of the recruiters that come to USC are based in southern California. I would only recommend someone enroll in USC if he or she wants to stay in that area; it's very difficult to have contact with companies based elsewhere. -- Venture Capital/Private Equity

Marshall seems adept at accepting candidates that, for the most part, fit neatly within the USC persona and are easy for both alumnae and current students to get along with. -- Marketing

I went to West Point for my undergraduate and served six years in the Army. With zero prior business experience, I was able to secure multiple job offers in consulting, finance, and operations. A large part of my success was because of Marshall. -- Consulting

I think the real value of the Marshall MBA program lies in the so-called "Trojan network," and for anyone who wants to remain in the Southern California area, Marshall would be a good choice. But there are specific job functions, particularly investment banking, where I would be more hesitant to recommend Marshall, as all the large banks are concentrated in New York. -- Finance

Marshall is great for marketing and entrepreneurship, but it’s inferior to other schools in finance and consulting. -- Marketing

Marshall gave me, above all else, a fantastic network and the skills to leverage it. I met a lot of smart, friendly people during the program and got access to one of the strongest alumni networks on the planet. -- Entrepreneurship

I thought business school was about developing the next generation's entrepreneurs and business innovators, but Marshall seemed more focused on creating mindless middle managers. And the tests are not blind-graded, so whether or not the professor likes you is extremely important. -- Finance

My technical skills improved, my network base improved (drastically) and I interacted and debated with intelligent students and professors continuously. -- Nonprofit

Marshall’s support for job-searching international students was very poor. There was a dedicated person who dealt with international students, but she left a few months after I started and wasn’t replaced until much later. -- Finance

From the instant that I decided to join the Trojan family, I was pleasantly surprised by how enthusiastic everyone was. Fellow Trojans (current and past) reached out to me in the beginning, offering me help and assistance, even when I didn't specifically ask for it. -- Marketing

Overall, I enjoyed our community spirit and team-based curriculum, and I always brag that we are the ONLY b-school that requires all full-timers to go on an international business trip (PRIME). -- Marketing

Marshall was not the typical hyper-competitive, cutthroat MBA program. It also doesn't have an overtly strong “brand” so you can make your experience into what you like. -- Venture Capital/Private Equity

As a student, you have to be very nice to the Career Resource Center staff and beg them for a job. And then, maybe, they will put a good word for you, but that’s not certain. Also, most job postings were “U.S. citizens only.” -- Consulting

Private universities like USC are expensive, but they offer more scholarships than state schools. Many of my classmates, including myself, received full or partial tuition scholarships, which is extremely beneficial for a young person starting a new career. -- Marketing

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