Q: Do you have a sense of how this year's MBA admissions season will pan out?
A: It's difficult to tell at this point. I am cautiously optimistic that we will see a slight increase [in applications]. Our number of online applications is relatively high. Typically, we receive the largest number of applications just before the deadline date of a given round. While we have noticed fewer attendees at forums and fairs, the number of hits to our Web site is very healthy. We are finding a lot more variation in the venues that "prospectives" pursue to find information about MBA Programs.
The BusinessWeek article on the worth of an MBA (see BW, 9/22/03, "What's an MBA Really Worth?" ) came at an excellent time for those who were thinking about their next career move. The article was insightful about the tangible monetary rewards of an MBA over a 10-year period and yet equally convincing about the intangible reward of the degree. If more people seriously consider the long-term benefits and trade-offs of an advanced degree, I think they'll see an MBA in their future. Hopefully it will be at UCLA Anderson.
Q: Will UCLA Anderson be recruiting in any new regions of the world in 2003?
A: We're covering the same areas, but the team that's going out to recruit is different. We're sending fewer of our own people and having our alumni play a larger part in the process. Part of that is to fortify the alumni participation, and the other part is budgetary.
See Full Transcript