UCLA ANDERSON SCHOOL OF MANAGEMENT
AnnualReport 2010
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About UCLA Anderson
The UCLA Anderson School of Management is among the University of California
system’s flagship programs. Innovative and prestigious, it is both highly ranked and
highly respected and rates among the most desirable graduate school programs
in the region. Certainly, UCLA Anderson is one of the most notable of UCLA’s many
graduate school programs, despite the prominence of the university’s elite professional programs in law and medicine.
UCLA Anderson is also very much defined by its undergraduate college, particularly in Westwood, which serves as the location of both the college as well as the
business school. Westwood Village possesses a laidback “college town” feel that
sits on some of the most desirable real estate in the country, meeting at the intersection of several prestigious communities that include Bel Air, Beverly Hills, and
Brentwood. In fact, these tony local residents have lobbied for controls on local
establishments to limit the amount of foot traffic passing through Westwood. The
impact of campus-wide social and athletic events plays more of a reduced role in
the business school experience than it does at many other campus-based MBA
programs. Most notably, the UCLA Bruin football team plays in Pasadena, a community located at least 45 minutes away by car. Indeed, most MBA students commute to UCLA by car, choosing to live in the neighboring communities of West
L.A., Brentwood, and Santa Monica rather than finding a place that is walking distance to the school. One recent grad calls it “a homage to the 1980s band ‘Missing
Persons’ … because no one walks in LA.”
Not only that, but the UCLA Anderson school’s own campus is unique in its geographic makeup. Undergraduate students rarely share UCLA Anderson’s facilities.
In fact, UCLA does not even feature a traditional undergraduate business degree.
The five main buildings that make up the UCLA Anderson complex are located at
the north-center part of the university campus. This limits the amount of non-MBA
related foot traffic traveling through the UCLA Anderson complex. Understanding
the complete UCLA and Westwood dynamic is an important consideration when
understanding your decision to apply to UCLA Anderson.
Alistof UCLA
schoolsincludes:
Anderson School of Management
College of Letters and Science
School of Law
David Geffen School of Medicine
School of the Arts and Architecture
School of Education
and Information Studies
School of Engineering
and Applied Science
School of Public Affairs
School of Public Health
School of Dentistry
School of Nursing
School of Theater, Film,
and Television
Neuropsychiatric Institute
UCLA Programs
As mentioned above, UCLA Anderson is just one of many prestigious programs
located on UCLA’s Westwood campus. The school’s undergraduate program is
consistently near the top of every imaginable ranking system for public institutions and the college is certainly a major feeder into UCLA Anderson and it’s other
graduate programs.
Additionally, the school is noted for its top-tier School of Law, School of Public
Affairs, School of Medicine and Graduate School of Education and Information
Studies (GSEIS). UCLA Anderson students will have the opportunity to take elective courses across a number of UCLA graduate school programs. Opportunities to
engage the undergraduate community also exist with MBA students electing to
take undergraduate courses.
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UCLA Anderson School of Management
The heart of the UCLA Anderson experience is pragmatism within teams and
leadership. This ideal is built on a foundation that prizes entrepreneurship, a commitment to community, and team-oriented leadership in its applicants and students alike, and results in one of the most hands-on management programs in the
world. Comprised of approximately 700 post-graduate students from extremely
diverse backgrounds, UCLA Anderson is a business school that is often able to offer
something for everyone.
Furthermore, UCLA Anderson is one the most innovative and student-friendly
business schools in the nation. The curriculum is constantly evolving right along
with the current business environment and with full support of the students. The
program has taken steps to strengthen existing connections to traditional industries with Los Angeles. Electives were added to the entertainment and sports offerings that include Sports Management, Entertainment Marketing, and Entertainment Strategy. Additionally, an Entertainment Management Competition was
added in 2008, further bolstering UCLA Anderson’s relevance to the Los Angeles
business community.
In an effort to support the students’ readiness for their summer internships and
short-term career goals, the curriculum became more front-loaded in nature. This
shift allows students to take five courses during their first academic quarter at
UCLA Anderson. In turn, this affords students the flexibility to reduce their course
workload as they place more emphasis on their summer internship search efforts.
This enhancement was due, in part, to student feedback provided to the UCLA
Anderson administration.
“Electives were added to the
entertainment and sports offerings
that include Sports Management,
Entertainment Marketing,
and Entertainment Strategy.
Additionally, an Entertainment
Management Competition was
added in 2008, further bolstering
UCLA Anderson’s relevance to the
Los Angeles business community.”
UCLA Anderson has taken recent steps to promote its global offerings and perspective. April of 2008 ushered in the first Global Business Leadership Competition
(GBLC). The format of this globally focused initiative once again takes the form of
a team-oriented competition. This program piggybacks nicely onto UCLA Anderson’s existing business plan competitions that include the Deloitte Case Competition and the Knapp Case Competition (described in greater detail below).
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The UCLA Anderson Approach
Unlike Harvard Business School, where the Case Study Method serves as such a clear
and distinguishable backbone to the HBS approach, UCLA Anderson’s methodology is comprised of a multi-faceted approach primary delivered in a lecture format.
The following are the key aspects of a UCLA Anderson education that comprise the
framework of the MBA experience:
The UCLA Anderson Culture. The emphasis on teamwork inside and
outside of the classroom is the hallmark of the UCLA Anderson experience and the
foundation for the rest of the school’s approach. Student collaboration and leadership within teams is the attribute that ties everything together at UCLA Anderson.
There are several schools with great student cultures – NYU Stern is known for the
way students look out for each other during the job search process and Duke Fuqua
is legendary for the enthusiasm on display from the various student groups – but
Anderson’s culture is largely unmatched, save perhaps for Kellogg. In fact, Anderson
and Kellogg can often seem very similar in this one area of true collaboration and a
spirit of teamwork that runs through the entire program.
Diversity of Coursework within a Generalist Approach. The
classroom approach at UCLA Anderson mirrors its general curriculum. While students may focus on a certain subset of course work, there are no declared specialties or designations. With the 10 core classes, students are expected to collaborate
with other team members, each from differing professional backgrounds and skills
sets. By putting everyone on the same page, the core offers a base of skills that are
as much lessons in human relations and cooperation as they are on a given subject
matter. Beyond the core, students will gravitate towards a multitude of electives in
eight specialty areas. These eight areas include Consulting, Entertainment and Media
Management, Entrepreneurship, Finance, Management, Marketing, Operations, and
Real Estate.
Practical Approach to Learning. Many elite business schools offer its students the chance to study in the field and to get real world experience, but few incorporate the mantra of “learning by doing” to the degree of UCLA. The crux of this approach
is the Applied Management Research project (AMR). The AMR project is conducted in
teams of 4-6 students during the second year and represents a capstone to the UCLA
Anderson experience. From the number of students who participate in business plan
competitions to unique classroom opportunities to creating and test new technologies,
UCLA Anderson allows every student to find a way to put their theoretical learning to
the real world test. The school offers a nearly unparallel variety of courses and labs that
focus almost entirely on learning by doing.
“The AMR project is conducted
in teams of 4-6 students during
the second year and represents a
capstone to the UCLA Anderson
experience.”
“Prominent programs and organizations such as the Riordan Programs
and Challenge for Charity offer
students the opportunity to explore concepts surrounding social
responsibility.”
Leadership and Social Responsibility. As mentioned above, UCLA Anderson puts a great deal of focus on leadership and a commitment to community.
This applies to the admissions process, but also to the coursework and educational
experience as the school attempts to elevate good leaders to great ones. Specific
leadership courses and a pre-term orientation course, Leadership Foundations, bring
this approach to the curriculum. Prominent programs and organizations such as the
Riordan Programs and Challenge for Charity offer students the opportunity to explore concepts surrounding social responsibility.
Global Perspective. Like many top business schools, UCLA can boast an increasingly global approach to its learning environment and coursework. The student
body is comprised of students from 40 different countries and the school has focused
coursework and experiential learning opportunities specific to the global landscape,
such as the Global Access Program, Advanced International Exchange Program, and
Special Topics in Management courses that focus on emerging economies.
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Admissions at UCLA Anderson
Essay Topics
Full-time MBA
Program Deadlines
Describe the ways in which your family and/or community have
helped shape your development. (750 words)
UCLA Anderson has two sets of application
deadlines, depending on whether the prospective student elects for the full-time MBA or a fully
employed part-time MBA (FEMBA) option. Keep
in mind that UCLA Anderson is on Pacific time
and that the application is due at 12 a.m. Eastern (9 p.m. Pacific) time on these deadline dates.
The full-time MBA deadlines are as follows:
Describe the biggest risk you have ever taken, the outcome, and
what you learned in the process. (500 words)
Round One
Deadline: ..................... October 14, 2009
Describe your short-term and long-term career goals. What is your
motivation for pursuing an MBA now and how will UCLA Anderson
help you to achieve your goals? (750 words)
UCLA Anderson is known for its “family essay,” which asks for a candidate’s background
through the lens of family and community. Additionally, UCLA Anderson is noteworthy for including an audio/video question (candidates are given the choice of two
prompts) among the four essays:
1
2
3
4
Select and respond to one of the two following questions. We
would like you to respond to the question by recording an audio
or video response (up to 10Mb maximum) for upload in the online
application. If you are unable to submit your response via audio or
video, then please prepare a written response instead. (250 words)
a.
b.
Entrepreneurship is a mindset that embraces innovation and risk-taking
within both established and new organizations. Describe an instance in
which you exhibited this mindset.
What is something people will find surprising about you?
GMAT/TOEFL
Deadline: ...............September 30, 2009
Decision
Notification: ............... January 13, 2010
Round Two
Deadline: ........................ January 6, 2010
GMAT/TOEFL
Deadline: .................December 31, 2009
Decision
Notification: ................... March 31, 2010
Round Three
Deadline: ......................... March 17, 2010
GMAT/TOEFL
Deadline: ....................February 28, 2010
Decision
Notification: ........................May 19, 2010
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Admissions Criteria
Admissions Statistics
The following is a statement listed on UCLA Anderson’s website:
Full-time MBA Enrollment ...............731
“The Admissions Committee evaluates applicants’ prospects as leaders in management and their projected ability to succeed in, benefit
from and contribute to the UCLA Anderson MBA Program. Committee members carefully consider personal and academic background
information, GMAT scores, TOEFL scores (for most international
applicants), achievements, awards and honors, employment history,
letters of recommendation, and college and community involvement,
especially where candidates have served in leadership capacities. The
Admissions Committee seeks to create a community of students who
bring unique contributions from their diverse backgrounds and experiences and who will collectively enrich the educational experience.”
As one might expect, UCLA Anderson relies heavily on academic record, GMAT
scores, essays, resumés, and, of course, interviews to assess each of the areas outlined in the above statement. In particular, UCLA Anderson really zeroes in on high
academic achievement, GMAT scores, and demonstrated leadership in both one’s
personal and professional experiences. Accepted applicants with 99th percentile
GMAT scores and undergraduate dean’s list type grades have been known to receive lofty scholarships. Although extremely important, the amount of full-time
professional experience prized by the admissions committee is a lesser condition
than an applicant’s role as an impactful and collaborative leader. Personal leadership experiences – be it academic or extracurricular in nature – are also weighed
more heavily in the admissions process than the sheer number of work months.
Applicants who demonstrate early leadership within their personal and professional lives, high GMAT scores, and undergraduate grades should take a closer look
at UCLA Anderson in hopes of garnering a substantial scholarship.
Interviews. Interviews are offered both on-campus and with alumni located
off-campus. In both instances, the interview is “blind,” in the sense that the interviewer does not have access to the candidate’s application materials. Interviewees
should be expected to walk their interviewer through the resume while explaining
the characteristics that make them a collaborative leader within a team environment. The remainder of the interview is focused on “Why UCLA Anderson, Why
MBA?” This provides the candidate with an opportunity to conclude the interview
with a series of follow-up questions that demonstrate true knowledge of the program. UCLA Anderson is similar to the general business school population with its
interview approach. Interviews are “invite only” with 29% of all applicants receiving an invite to interview. On-campus UCLA Anderson interviewees are generally
second-year student volunteers. Off-campus interviews are generally conducted
by recent alumni. The tone of the interview is casual and conversational as these
volunteers have been instructed by the admissions committee to avoid conducting “pressure cooker” type interviews.
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Applications............................................ 3693
Acceptance Rate....................................20%
Interview Rate..........................................29%
Yield...............................................................52%
Average GMAT score............................711
Average GPA................................................3.6
“Although extremely important, the
amount of full-time professional
experience prized by the admissions
committee is a lesser condition than
an applicant’s role as an impactful and
collaborative leader.”
“The tone of the interview is
casual and conversational as these
volunteers have been instructed by
the admissions committee to avoid
conducting “pressure cooker” type
interviews.”
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Visiting UCLA Anderson
One of the best ways for candidates to truly understand if UCLA Anderson is a proper
fit is to visit the campus and get a feel for the academic environment, student life,
and overall campus culture. Additionally, visiting the school offers the opportunity for
face-to-face contact with current students, professors, and admission representatives.
UCLA Anderson offers a variety of ways for candidates to come and experience the
school for themselves:
Small Group Information Sessions. Registration is not required to attend
an on-campus Small Group Information Session but is strongly encouraged. These
events last one hour and are primarily a Q&A session with an admissions officer or second year student. These are by appointment only and are held weekly during the fall.
Class Visits. UCLA Anderson encourages prospective students to visit to experience the creativity and teamwork of its student body firsthand. Although strongly encouraged, registration is not required for a class visit through the Office of Admissions.
If not registering in advance, prospective students must stop by the MBA Admissions
office for a schedule of classes that are available and that a candidate can attend.
Classes are 120 minutes long and held on Monday through Thursday of each week
during an academic quarter. Visitors are introduced and are often called upon to participate in the discussion.
Student Guided Visit. Class Visits are a subset of a more holistic experience,
known as the “Student Guided Visit.” This program allows prospective students to
meet with current UCLA Anderson students in and out of class (think “lunch appointment”). Candidates should check with the Office of Admission for scheduling.
Special Events. UCLA Anderson’s “Women and the MBA” program, is a femalecentric information session staffed by the admissions committee, female alumni and
current female students. Online registration is required. The “Embracing Diversity
Weekend” is another specialized outreach event usually held in November. This event
is co-sponsored by the Latino Management Student Association (LMSA) and African
American Students in Management (AASM).
Outreach Events. Like nearly all business schools and academic programs,
UCLA Anderson offers a variety of opportunities to engage with members of the
school’s community outside of Westwood. Many are hosted by the business school,
while others are larger events or co-sponsored events at which UCLA Anderson participates. The school offers a complete list of its events on its website event calendar.
Anderson Days. Another highly regarded
special event is Anderson Days, or “A-days”
for short. This event is for students accepted
at UCLA Anderson. It gives all admitted
prospective students a final opportunity to
evaluate the school. For those applicants who
have already been accepted, this provides
another great networking opportunity even
before school starts. Attendees meet fellow
admits, engage current students, network
with alumni, and get a hands-on feel for the
types of resources available at UCLA Anderson.
Through a relaxed, yet engaging environment,
admitted students get a true sense of the
resources, organizations, initiatives and
community that is UCLA Anderson. A-days is
held twice a year for admits, usually once in
February and once in April.
Anderson Afternoons. Additionally,
there are a number of more informal schoolwide events every week. These often afford
interested students additional opportunities
to engage the community at UCLA Anderson.
The infamous and long-standing “Lit Club” tradition occurs every Wednesday night at a different West Los Angeles watering hole. UCLA
Anderson “librarian” students impart short
readings and bits of wisdom that take the
tone of a roast. Another good opportunity is
the “Anderson Afternoon.” If scheduling a class
visit, candidates should consider a Thursday,
as Anderson Afternoons are held at 5:00 p.m.
every Thursday and feature beer, wine, food,
and the opportunity to socialize with current
Anderson students.
Contact Information.
MBA Admissions
& Financial Aid Office
110 Westwood Plaza,
Gold Hall - Suite B201,
Los Angeles, CA 90095-1481
Phone: (310) 825-6944
Fax: (310) 825-8582
Email: mba.admissions@anderson.ucla.edu
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Financial Assistance at UCLA Anderson
Tuition and Cost
Anderson does not provide as many fellowship and scholarship opportunities as
other top programs such as Harvard Business School or the Kellogg School of Management, but it does feature a lower price tag, particularly for California residents.
The following estimated annual costs are based
on information released by Anderson for the
2009-2010 academic year:
Financial Assistance Options
California Resident
UCLA Anderson presents the following options for exploring financial assistance:
First Year Merit-Based Fellowships. The UCLA Anderson Fellowship
committee selects a number of recipients each year to receive two-year merit-based
awards for varying amounts that are granted to incoming students based on overall
application strength. The school does not broadcast the number of awards granted
or the amount.
Second Year Merit-Based Fellowships. The school also offers a limited
number of merit awards for second-year students, based on first year grades in core
courses and community involvement.
Need-Based Scholarships and Grants. All admitted students to UCLA
Anderson are invited to fill out a financial aid application as well as a FAFSA to be
considered for need-based grants and scholarship awards.
Federal and Private Loans. As with most graduate programs, UCLA Anderson makes available a series of loan programs that comprise the bulk of each
student’s financial assistance:
•
Federal Stafford Loan – Available to U.S. citizens and permanent residents.
The maximum dollar amount is $20,500 and the subsidized amount can be up
to $8,500, depending on financial need. The federal Stafford loan comes at a
fixed interest rate of 6.8%.
•
Federal Perkins Loan – An interest-free loan while in school, it is a smaller loan
program available to qualified students who are U.S. citizens and permanent
residents.
•
Federal Graduate PLUS Loans (“G-PLUS”) – This loan can cover cost of attendance after other assistance has been calculated, provided the student qualifies
and is a U.S. citizen or permanent resident. It comes with an 8.5% fixed interest
rate.
•
Private Loan Programs – Once a UCLA Anderson student has borrowed
$20,500 in federal loans, they may borrow from loan providers with which Anderson has partnered. For U.S. citizens or permanent residents, private loans are
available through Sallie Mae and Wells Fargo.
Tuition...................................................$35,673
Room and Board Expenses......$13,407
Computer Allowance..................$2,500*
Books and Supplies........................ $2,400
Travel....................................................... $2,481
Personal................................................. $2,523
Total..................................$58,984
Non-Residents
Tuition...................................................$43,915
Room and Board Expenses......$13,407
Computer Allowance..................$2,500*
Books and Supplies........................ $2,400
Travel....................................................... $2,481
Personal................................................. $2,523
Total..................................$67,226
*Applies to the first year only.
Candidates should note that the housing, supplies,
travel, and personal amounts are estimates based
on the majority of UCLA Anderson students.
Note: Anderson provides links to a series of outside funding opportunities that may provide
further financial assistance to its students.
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UCLA Anderson Students
Student Stats
Anderson students come to business school to learn, to develop
careers, to lead, and to have fun. The last part of that sentence
is not true at every top MBA program, but at UCLA Anderson,
there is a vitality and a cooperative spirit that permeates the experience.
Median Age....................................................................................... 28
Pre-MBA Industries:
Finance.............................................................................................20%
High Tech........................................................................................15%
Consulting.........................................................................................9%
Public Sector and Non-Profit.................................................9%
Entertainment and Media.......................................................8%
Real Estate.........................................................................................6%
Health Care and Biotech..........................................................5%
Work Experience Percentages:
0-3 years..........................................................................................22%
4-7 years..........................................................................................65%
8+ years...........................................................................................13%
Average years of pre-MBA
work experience............................................................... 5.1 years
Female Students........................................................................34%
Minority Students......................................................................21%
International Students............................................................32%
• Countries represented.......................................52
Full-Time Program Class Size............................................... 360
Undergraduate Majors:
Engineering...................................................................................24%
Business...........................................................................................23%
Economics.....................................................................................19%
Social Sciences............................................................................11%
Math and Science.........................................................................9%
Humanities.......................................................................................7%
Other....................................................................................................7%
Undergraduate Institutions represented..................... 181
Most Common Undergraduate Institutions:
California
•
UCLA
•
UC Berkeley
•
Stanford
Non-California
08
•
University of Pennsylvania
•
Northwestern University
•
University of Michigan
•
Duke University
•
Harvard University
•
Princeton University
•
University of Virginia
•
Cornell University
•
National Taiwan University
•
Boston University
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Student Organizations
Anderson features over 30 clubs on campus, broken up into Professional Clubs,
Identity Clubs, and Interest Clubs, all spearheaded by the Anderson Student Association. First-year students gain exposure to these organizations at the annual student club fair. Industry clubs such as the Investment Finance Club, Management
Consulting Association, Marketing Association, High-Tech Business Association,
Entertainment Management Association and Net Impact are among the most
critical to the development of future professional personal goals.
The school’s website includes a complete list of clubs and student organizations,
however some of the most popular and important industry and professional clubs
and organizations at Anderson include:
•
Entrepreneur Association (EA)
•
Investment Finance Association (IFA)
•
Management Consulting Association (MCA)
•
Anderson Real Estate Association (AREA)
•
High Tech Business Association (HTBA)
•
Strategic Operations Management Association (SOMA)
•
Net Impact (NI)
•
Asian Management Student Association (AMSA)
•
International Business Association (IBA)
These organizations provide time sensitive and insider information about the industries and functions they represent. Each organization will host sessions about specific careers within their field, how to prepare an approach job interviewing, in addition to sponsoring recruiters and firms during Career Night’s or Days On The Job.
Additionally, organizations geared more towards personal development and networking are extremely popular at UCLA Anderson. Among the most popular are:
•
Challenge for Charity (C4C)
•
Wine Club
•
Ski and Snowboarding Club
•
Latino Management Student Association
•
Asian Management Student Association
•
Women’s Business Association
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Challenge for Charity (C4C)
Challenge for Charity is the largest philanthropic organization at UCLA Anderson. C4C is
part fund raising, volunteer hours and sports
competition, all in the name of two charities:
Special Olympics and LA Works. Every spring
UCLA Anderson competes against eight West
Coast business schools in the annual MBA
challenge for charity sports competition. MBA
programs traditionally in attendance are UCLA
Anderson, USC Marshall, Pepperdine, UC Irvine,
Stanford GSB, UC Davis, USF, UC Berkeley Haas,
and the University of Washington. Programs
with the highest attendance are usually UCLA
Anderson and Stanford GSB. UCLA Anderson
students raise money by holding events such
as the Santa Barbara wine trip, the Casino Night
and Auction, the Junior Achievement bowla-thon, and an annual ski trip to Whistler. All
schools are competing for the coveted Golden
Briefcase trophy, with UCLA Anderson bringing
home this trophy for the last two years.
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UCLA Anderson Academics
Academic Calendar
As discussed in the UCLA Anderson Approach, this is a program that combines
theoretical, practical and experiential learning with a focus on leadership within
teams, entrepreneurism, social responsibility, cultural fit, and globalization. These
bedrock elements inform each and every aspect of the UCLA Anderson academic
experience as well as the type of recruitment that occurs on campus.
The UCLA Anderson academic calendar is divided into three academic quarters: Fall, Winter, and Spring.
Teaching Philosophy
UCLA Anderson’s coursework is consists of three primary teaching styles to cover
the bulk of the curriculum. The teaching style used with UCLA Anderson’s courses
breaks out in the following manner (percentages approximate):
The tentative calendar for the 2009 - 2010
academic year is as follows:
September
8-23 MBA Orientation
24 Fall Quarter instruction begins
December
•
Lecture (70%)
7-11 Fall Quarter final exams
•
Experiential Learning (20%)
•
Case Method (10%)
January
Class Organization
Each incoming class at UCLA Anderson is divided into five “sections” of approximately 70 students each. These sections, labeled A, B, C, D and E, are further broken
down into teams of four to five individual student teams within the core courses.
The make-up of each individual student team is deliberate. UCLA Anderson students are placed with other team members that complement and contribute to
the overall academic acumen of each member and team. Specifically, each team
member will most likely represent a differing professional path, academic concentration, and personal background. Additionally, these teams are considered official
study groups during the core courses, where grades are often awarded to teams
rather than the individual student.
Sections A and B attend class starting at 8 a.m. while Sections C, D and E begin
their day at 10 a.m. The earlier sections A and B tend to be more popular with married students while the later sections contain a number of members who enjoy
staying up past midnight. While students at some other business school remain
in their sections for their entire first year, UCLA Anderson’s section system really
only applies to its first two quarters, after which students enroll in elective courses
based on any subject matter area they choose. However, beyond the core, members of each section remain closely engaged and aligned, however they are free to
form their own study groups based on their own interests.
10
11 Fall Quarter ends
4 Winter Quarter instruction
begins
March
15-19 Winter Quarter final exams
19 Winter Quarter ends
31 Spring Quarter instruction
begins
June
7-10 Spring Quarter final exams
11 Spring Quarter ends
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Leadership Foundations
Leadership Foundations is a two-unit, five-day course that immediately immerses
students in UCLA Anderson’s hands-on and team-oriented approach to leadership.
In introducing this approach to all students, the course feels like a team-building
boot camp or an MBA pep rally rather than a traditional classroom environment.
Students develop team-building tools, and establish norms that will guide their
working relationships within UCLA Anderson’s core courses. Using seminars, lectures and case studies faculty introduce the necessary academic frameworks that
facilitate management decision-making. By introducing the necessary methods
of operating at UCLA Anderson, faculty clearly lay out the expectations for how
learning is approached at UCLA Anderson.
Leadership Foundations is also part of a greater two-week UCLA Anderson orientation for incoming students. While week one focuses on teamwork, week two
focuses on introducing each student to the vast number of resources available
to them at UCLA Anderson. The pace of this orientation is quick, with orientation
days lasting often in excess of 12 hours. Students have remarked that orientation
is “like being shot out of a cannon.” Prepare yourself for everything from extreme
dodgeball to assignments due on the first day of class to “Professor Introductions.”
Management Core
In a similar fashion to other top business schools, UCLA Anderson takes a generalist approach while allowing for a great deal of elective coursework, as well as a
non-declared specialty path (covered below). However, the foundation of the MBA
experience at UCLA Anderson is still anchored around a series of 11 core courses.
The core is front-loaded with five classes required in the fall quarter and continues
for the remainder of the student’s first year. Students are allowed to take a maximum of three electives during the first year in addition to the core.
•
Leadership Foundations (Pre-term)
•
Data & Decisions
•
Financial Accounting
•
Financial Markets
•
Managerial Economics
•
Marketing Management I
•
Corporate Finance
•
Marketing Management II
•
Operations Technology Management
•
Business Strategy
•
Managing and Leading Organizations
“In introducing this approach to
all students, the course feels like a
team-building boot camp or an MBA
pep rally rather than a traditional
classroom environment”
“Students have remarked that
orientation is ‘like being shot
out of a cannon’.”
Anderson Strategy Group. Recently, the UCLA Anderson administration has
taken specific efforts to improve the business
strategy curriculum. As the UCLA Anderson is
a student-led culture, second-year students
have formed the Anderson Strategy Group.
The Anderson Strategy Group is a management consulting firm staffed entirely by
UCLA Anderson students. Student managers
lead teams of MBA students in conducting
pro-bono consulting work. Again, by utilizing UCLA Anderson’s pragmatic approach
to education, students were recently given
the chance to put newly acquired MBA skills
into action for local Los Angeles for-profit and
non-profit organizations.
Note that UCLA Anderson has a track record of waiving courses that students have
already completed in another setting. This is another indication of the studentfriendly nature of the program and the school’s willingness to allow its students
to dive into the subjects that interest them most and take advantage of elective
courses, including the multitude of experiential learning courses and labs available
at UCLA Anderson.
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Study Abroad Opportunities
Specialty Areas
Foreign exchange programs are extremely popular with second-year UCLA Anderson students. Approximately 20% of the second-year class collects to study
abroad. UCLA Anderson is a member of Postgraduate Institute of Management
(PIM) International: a network of international MBA programs. Among the most
popular study abroad destinations are Spain and Australia. Additionally, exchange
students from international MBA programs attend class at UCLA Anderson. This
adds an additional and significant element of diversity at UCLA Anderson.
UCLA Anderson takes a generalist approach to
academic specialization by offering specialty
areas as opposed to declared majors as part of
the MBA experience. Regardless of the specialty
path a student selects, the school is focused
on bringing a generalist focus and pragmatic
approach to both its student body as well as its
coursework.
Course Enrollment
One market-like phenomenon that all UCLA Anderson students get to know well is
its course bidding system, in which students bid on elective courses using points.
Students all receive the same number of points at the start of each academic year,
and must allocate their points based on what courses they want to take and the
professors from which they most want to learn. If a course can fit 50 students,
then the 50 students who bid the highest will all get in, at the lowest winning bid.
Therefore, if 200 people bid on a class, and the fiftieth-highest bid was 140 points,
then all 50 “winning” students get into the course for 140 points. If a student bid
300 points, then the other 160 points are returned to him.
The bidding system forces students to make some tough choices. Oftentimes, the
choices that students make are based on who’s teaching a course. For instance,
should a student go with the “rock star” economics professor and make do with
a relatively new and perhaps less-known marketing professor, or go for the wellknown marketing professor and take their chances with the unknown economics
instructor? A common saying at UCLA Anderson is, “Bid on professors, not courses.”
As a student you will almost always be able to take every course that you want,
although you may not always get the professor that you want for each one of
those courses.
“Andersonfeedback.com is an excellent resource for faculty and
course ratings. This site is not endorsed by the UCLA Anderson
administration. It is a site that was started in 2000 by a number of
students and has since taken on a life of its own. This is another
testament to the student lead culture at UCLA Anderson.”
Specialties include:
•
Accounting
•
Decisions, Operations,
and Technology Management
•
Communications, Media,
and Entertainment Management
•
Entrepreneurial Studies
•
Finance
•
Global Economics
and Management
•
Human Resources
and Organizational Behavior
•
Information Systems
•
Marketing
•
Policy
•
Real Estate
The most popular of the
above majors among the
class of 2008 were:
1. Entrepreneurial Studies
2. Finance
3. Marketing
4. Real Estate
5. Decisions, Operations,
and Technology Management
6. Communications, Media,
and Entertainment Management
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UCLA Anderson Professional Programs,
Research Centers, and Joint Degree Programs
UCLA Anderson features
6 research centers:
Professional Programs
Professional programs present students with an opportunity to expand on
experiential learning and research in a particular area of interest. Professional
Programs include:
• Applied Management Research Program (AMR) - AMR is a required, secondyear field study project. Students sign up with sponsor organizations in teams of
4 to 6 members. This project gives UCLA Anderson students the opportunity to
put theory into action. A consulting project with the real world implications, AMR
recommendations center on specific actions that a client organization can take
to execute on a strategic plan. Lasting a majority of the second-year, AMR projects
can be viewed as a thesis project and a test in building effective teams.
These centers host lectureships, seminars, and
workshops, and foster collaboration between
the students and the faculty in the form of cutting-edge research. These centers include:
•
Management Development Program
•
International Exchange Program
•
Global Access Program
•
Advanced International Management Program
•
Management Communication Program
•
Student Investment Fund
•
Riordan Programs - The Riordan program is a very notable initiative sponsored
by UCLA Anderson and co-led by UCLA Anderson students. UCLA Anderson
students serve as mentors to high school students, undergraduates, and recent
graduates. In providing professional and personal advice to these mentees, often
underrepresented minorities seeking to apply to top MBA programs, UCLA Anderson students build relationships with the surround Los Angeles community.
•
Leaders in Sustainability Program - UCLA Anderson is taking in a leadership
role in creating a curriculum around sustainability. The Leaders In Sustainability
program, developed at UCLA Anderson and led by Professor Charles Corbett, is
an initiative that allows UCLA graduate students to collaborate with each other.
Participants take core courses and choose relevant electives in sustainability. Additionally experiential learning and training allows participants of this program
to develop skills relevant to potential employers. A relatively new offering, the
leaders in sustainability program has grown from 20 participants to over 100 in
the last year. This program is an excellent opportunity to bring a number of interdisciplinary viewpoints and skill sets into the repertoire of any UCLA Anderson
student interested in sustainability. Additionally, building a network with other
graduate students within the schools of engineering, law, public policy and urban
planning will only serve to strengthen the students UCLA Anderson experience.
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1. UCLA Anderson Forecast Center
2. Laurence D. and Lori. W. Fink
Center for Finance & Investments
(Fink Center)
3. Center for International Business
Education and Research (CIBER)
4. Entertainment and Media
Management Institute (EMMI)
5. The Harold and Pauline Price
Center for Entrepreneurial Studies
6. Richard S. Ziman Center
For Real Estate
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Joint Degree Programs
MBA/JD. As a university with an elite law school, UCLA Anderson students also have the opportunity to pursue dual degree
with the School of Law. One of the few elite universities in the
nation to offer a four-year JD-MBA, UCLA Anderson allows students to complete both degrees in four years and to graduate
with their respective classes (MBA in year two, School of Law in
year three) while splitting their time and courses between UCLA
Anderson and the School of Law. While applications to both
programs must be submitted separately, UCLA Anderson does
allow MBA students to apply for the law school during their first
year in the MBA program. Students must complete 73 semester
units of law coursework. This includes the first year law curriculum and 40 elective units at the School of Law. The four years
break out in the following fashion:
76 quarter-units at
UCLA Anderson
73 semester units at
the School of Law
The MBA core
(42 quarter-units)
The first year law curriculum
(33 semester-units)
7 electives at UCLA Anderson
(26 quarter-units)
40 elective semester units at
the School of Law
Applied Management
Research Project
(8 quarter-units)
120 weeks of residence credit
for the School of Law.
MBA/MD. The dual-degree program between UCLA Anderson
and the Medical School allows students to complete courses for
both programs in five years, rather than the six years it would
typically take to achieve both degrees separately.
MBA/DDS. The dual-degree program between UCLA Anderson
and the Dentistry School allows students to complete courses
for both programs in five years and one quarter. UCLA Anderson
requires 96 units of courses over two years, 40 units are core
courses, 46 units are elective courses, 2 units are the pre-term
Leadership Foundations course, and 8 units are comprised of
the ­field study. The School of Dentistry requires 298 units over
four years (15 quarters) plus 26 units of selective for a total of 324
units. This large number of units includes a substantial portion
of clinical patient care hours.
MBA/MSCS. The dual-degree program between UCLA Anderson and the Henry Samueli School of Engineering and Applied
Sciences (HSSEAS) allows students to complete courses for both
programs in three years. Graduating students receive both the
UCLA Anderson MBA and the Master of Science (MS) in Computer Science. Connecting the technical aspects of technology
and information systems with management decision making,
students can achieve both professional management acumen
and deeper domain expertise in computer science.
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MBA/MLAS. The MBA/MA Latin American Studies degree is a
two and a half to three year concurrent degree program sponsored by the UCLA Anderson the UCLA International Institute
Latin American Studies Program. Graduating students receive
both the UCLA Anderson MBA and the Master of Arts (MA) degree in Latin American Studies. Individuals preparing for careers
in international management with special focus on Latin America should explore this option. Connecting the language and
culture with international management, students can achieve
both professional management acumen and deeper domain
expertise in Latin American studies.
MBA/MLIS. The MBA/Master of Library and Information Science Program is a three-year full-time concurrent degree program sponsored by UCLA Anderson and the Graduate School of
Education and Information Studies’ Department of Information
Studies. Graduating students receive both the UCLA Anderson
MBA and the Master of Library and Information Science (MLIS)
degree.
MBA/MSN. The MBA/MSN program is a three-year concurrent
degree program sponsored by UCLA Anderson and the School
of Nursing. Graduating students receive both the UCLA Anderson MBA and the Master of Science in Nursing (MSN) degree.
Individuals preparing for management careers in a hospital,
consulting, or healthcare setting should explore this option.
MBA/MPH. The MBA/MPH is a three-year concurrent degree
program sponsored by the UCLA Anderson and the School of
Public Health. Graduating students receive both the UCLA Anderson MBA and the Master of Public Health (MPH) degree. Individuals preparing for management careers in health care should
explore this option.
MBA/MPP. The UCLA MBA/MPP is a three year concurrent degree program sponsored by UCLA Anderson and the School of
Public Affairs. Graduating students receive both the UCLA Anderson MBA and the Master of Public Policy (MPP) degree. Individuals preparing for management careers in firms with strong
ties to local, regional and federal governments should explore
this option. Additionally, those seeking management roles in
the non-profit sector should explore this option
MBA/MAUP. The MBA/MA Urban Planning (MBA/MAUP) degree is a three-year concurrent degree program sponsored by
UCLA Anderson and the UCLA Department of Urban Planning,
School of Public Affairs. Individuals preparing for management
careers in urban planning within the public and private sectors
should explore this option.
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UCLA Anderson Faculty
The UCLA Anderson faculty is populated with many prominent
business leaders, researchers, and teachers. Among UCLA Anderson students, there are several professors that are considered
a “must” to have for a class, due to their reputation both as educators and as experts. These notable professors include:
Antonio Bernardo
Professor and Faculty Chairman
Professor Bernardo is one of the leading minds in the area of corporate finance and asset pricing and has been published in virtually every leading academic journal. He teaches the bulk of his
courses in the areas of Economics and Finance and has been at
Anderson since 1994, where he has twice won the Teaching Excellence Award voted on by second year full-time MBA students.
William Cockrum
Adjunct Professor
The 1998 and 2002 winner of the Teaching Excellence Award,
Professor Cockrum was also named the top entrepreneurial professor in the nation by Business Week in 1996. He has created
a case-study entrepreneurial finance class that he has taught
for over 20 years and that is considered the benchmark for
such coursework in the MBA industry. In addition to currently
teaching entrepreneurial finance, business ethics, and investment management, Professor Cockrum is also a member of the
school’s Board of Visitors and the Anderson Alumni Board.
Edward Leamer
Professor, Chauncey J. Medberry Chair in Management
The Director of the UCLA Anderson Forecast program, Professor Leamer leads the effort in producing quarterly economic
projections for the nation and the state of California. Arriving at
Anderson in 1990, Professor Leamer has published four books
and over 100 articles. He teaches primarily in the subject area of
Economics, with his courses focusing on such diverse topics as
the U.S. business cycle, the impact of the Internet on economic
geography, and the potential impact of the FTAA on inequality
in Latin America.
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Alfred E. Osborne, Jr.
Senior Associate Dean, Professor
Professor Osborne serves in the function of Senior Associate
Dean of the business school, but also is a popular professor of
Global Economics and Management and the founder and director of the Harold Price Center for Entrepreneurial Studies at UCLA.
An expert in corporate governance, Professor Osborne formed a
certification program for companies to help officers and directors take their companies public. He is also an active expert in
social enterprise and entrepreneurship, initiative several partnerships with major corporations through the Price Center.
Eric Sussman
Lecturer
Professor Sussman has been voted the Teacher of the Year an
astounding eight times by Anderson students since he started
at the school in 1995. He has also received two faculty awards
(the Citibank Teaching Award in 1998 and the Neidorf Decade
Teaching Award in 2008). He teaches courses in the following areas: accounting, financial statement analysis, corporate financial
reporting, and real estate investment. Professor Sussman also
teaches finance courses to both UCLA’s undergraduate students
and Executive Education students. Off campus, Professor Sussman is the president of Amber Capital, Inc., a real estate investment company.
Victor Tabbush
Adjunct Professor
The winner of the 2000 Teaching Excellence Award winner,
Professor Tabbush also won Outstanding Teaching Awards for
his work with the Executive MBA Program and the Fully-Employed MBA program. He specializes in healthcare economics
and health management and is a highly-coveted speaker on
healthcare issues. Professor Tabbush has additional interests in
diverse subjects such as antitrust, employment issues, pricing,
and wrongful death cases.
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Grading System
The UCLA Anderson grading system is comprised of a typical A-F model, with a
cumulative average of “C” required for graduation. The school also offers a pass/no
credit option for experimentation with more aggressive coursework, with regard
to electives.
The reality of the UCLA Anderson grading system is that the top performers in
a course will get the A and the lower performers will receive a B. While it is possible to receive a grade of C, this will require that the student grasps very few of
the concepts taught in class. However, C grades are not without consequence.
UCLA Anderson requires that their students maintain a grade point average of
3.0. Cumulative GPAs lower than a 3.0 require that a student be put on academic
probation. Those students remaining on academic probation for more than two
consecutive terms may be asked to leave the program. In reality, this rarely happens as the school administration works with each student to raise their GPA.
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The UCLA Anderson faculty
is divided into 9 academic
departments:
•
Accounting
•
Decisions, Operations
and Technology Management
•
Finance
•
Global Economics
and Management
•
HR and Organizational Behavior
•
Information Systems
•
Interdisciplinary Group in
Behavioral Decision Making
•
Marketing
•
Policy
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UCLA Anderson
Business Plan Competitions
Deloitte Case Competition.
The Deloitte Case Competition is an annual event held at UCLA
Anderson that provides “MBA students with a perspective of
business problems beyond what they learn in a classroom.” Traditionally, more than 20 teams from the UCLA Anderson compete against each other. Bolstering UCLA Anderson’s pragmatic
approach, the focus of the consulting case is centered on an
actual Deloitte client with real-world financial implications.
The Knapp New Venture Competition
The Knapp Venture Competition is UCLA Anderson longest running, student-led initiative. For more than 30 years, this competition, held at UCLA Anderson, has been organized by the Entrepreneurship Association and the Price Center. Constructed to
provide UCLA Anderson students with a hands-on experience
in the venture initiation, this competition is among UCLA Anderson’s most notable.
The Legacy Case Competition
The Legacy Case Competition is an internal looking UCLA Anderson initiative. Designed to provide an opportunity for students to help strengthen the program, recent case topics have
included the generation of action plans focused on a single case
question; “How can UCLA Anderson increase its alumni giving
to the UCLA Anderson Fund?” Started eight years ago, the case
competition is traditionally sponsored by members of the UCLA
Anderson Board of Visitors with a monetary award to the winning team.
Marketing Association Case Competition
The Marketing Association Case Competition, now in its sixth
running year, seeks to present solutions to an actual marketing
issue faced by a sponsor company. Traditionally, more than 20
teams compete in a 36-hour competition held annually by the
UCLA Anderson Marketing Association. Teams are given only a
minimum of information provided through a case and a Q&A
session. The team is then left to their own research skill set,
acumen and accord. A 20-minute PowerPoint presentation to
a panel of judges followed by a 10-minute Q&A session represents the culmination of a team’s efforts.
Global Business Leadership Competition
The Global Business Leadership Competition is a two-day case
competition focusing on management and leadership issues
within a global marketplace. The GBLC brings students from 16
MBA programs together to compete on three case studies centered on issues faced by global leaders and decision-makers. At
a high-level, the competition is also a forum and open dialogue
on global leadership. Students, while expected to showcase
their talents and global viewpoint, are also expected to engage
the global business leaders and faculty in attendance.
Net Impact Case Competition
The net impact case competition, dubbed the net impact consulting challenge, pairs a local nonprofit organizations with
teams of UCLA Anderson students. This two-week case competition analyzes the unique challenges faced by nonprofit organizations from a business perspective. The competition also
allows for collaboration between full-time MBA students, parttime MBA students and most recently, graduate students from
UCLA’s own School of Public Affairs.
Ziman Center for Real Estate - 1000 Homes
Case Competition
The Ziman Center at UCLA Anderson has partnered with the
Urban Land Institute to lead the 1000 Homes program. 1000
Homes is a phased program and approach directed at reducing
rates of homelessness by providing permanent housing to this
at-risk group. The first phase of this initiative kickoff with a case
competition posted at Ziman Center. Lasting eight weeks, UCLA
Anderson student teams are advised by a group of developers,
planners and policy experts.
Most recently, the marketing Association at UCLA Anderson
posted a case competition based on Jim Stengel’s upcoming
book, ‘Packaged Good.’ Jim Stengel, the former global marketing
officer for Procter & Gamble, was recently appointed as an adjunct
professor at UCLA Anderson. The case competition focused on
developing innovative ideas for marketing ‘Packaged Good’.
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The UCLA Anderson Campus
The UCLA Anderson School of Management is located smack dab in the heart of
UCLA’s beautiful campus in the Westwood neighborhood of Los Angeles. The school
is comprised of six brick and glass buildings designed by the architecture firm of Pei,
Cobb, Freed, & Partners in 1995. Anderson’s website allows for an interactive tour of
the campus, which can prove helpful for those candidates who are unable to visit the
business school.
The approach at Anderson in creating the new business school was to create a “campus within a campus,” where students could enjoy a lot of the self-contained amenities
and resources of a school like HBS, while enjoying the additional benefits of the larger
UCLA community, including the world-class athletic facilities and library resources.
The buildings that make up the Anderson School of Management are reached by a
staircase at the north end of UCLA’s Sycamore Alley, which leads to the Marion Anderson Courtyard, which is surrounded by four of the six buildings that make up the business school. The effect is to transport a student from the greater UCLA community
into a tightly-knit Anderson community, by passing from world to another.
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The 6 buildings that comprise the
Anderson School of Management are:
1. Mullins Management Commons
(staff and faculty offices, sitting atop Café
Espresso Roma)
2. Gold Hall (classrooms)
3. Entrepreneurs Hall (classrooms)
4. Cornell Hall (classrooms)
5. The Collins Center (home to Executive
Education Programs)
6. The Rosenfeld Library (also home to
computing and information services)
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Professional Recruitment at the
Anderson School of Management
One of the top reasons to attend Anderson is the plethora of career opportunities that
present themselves to its graduates. Job opportunities abound in a variety of industries and arenas for students who excel at one of the nation’s most highly ranked and
highly respected business schools.
Career Development Resources
As with most top business schools, UCLA Anderson also has a series of career resources that help first-year students in an attempt to secure the important first summer job,
as well as career development opportunities to follow. These resources are spearheaded by the Parker Career Management Center (CMC). The CMC spearheads the many
efforts to assist UCLA Anderson students and graduates with the job search process.
It is comprised of 13 full-time professionals and features a number of programs that
assist first and second-year MBA students, as well as UCLA Anderson graduates. Supplementing this, the CMC offers one-on-one appointments with an additional fifteen
career counselors, access to databases containing company and industry specific information databases, interviewing skill-building workshops and podcasts covering
general industry information.
The CMC capitalizes on UCLA Anderson’s collaborative culture by utilizing a studentguided and proactive approach to career development. First-year students are required to submit their resume prior to UCLA Anderson’s two-week orientation. Submitting resumes up front gives students and the CMC an opportunity to jump-start
the job search process while preparing those students seeking out internships within
management consulting and financial services. Internship interviews for these industries occur within weeks of semester start. Resumania is also another popular studentled career event. Every fall term, first-year students can hone their resumes through a
10-min feedback session. Held over the course of eight hours, CMC career counselors
and second-year UCLA Anderson students provide an strength and weaknesses assessment tailored to the individual student. Facilitating the first-year internship search,
the core course framework is front-loaded. Another testament to UCLA Anderson’s
student-led culture, this design was implemented by the school’s administration as
a response to student requests towards jump starting the job search process. The
specific initiatives listed on the UCLA Anderson’s CMC website revolve around the
following areas:
“Again, with an eye towards
student-led and self-directed teams,
the CMC created the ACT program in
2003. ACT teams are groups of peers
united in a industry and function
specific job search. Meeting in the fall
and winter terms, ACT includes career
counseling through bi-weekly sessions
facilitated by career coaches and
second-year students.”
Career Counseling. Professional career counselors and second-year student
volunteers assist students through the three stages of career change and progression: self-assessment, research, and implementation. Most often, this takes the form of
one-on-one counseling. However, the CMC holds career counseling workshops during the year as well. This tag-team offers years of professional counseling advice and
the most up-to-date career anecdotes from second-year students. These resources
are prepared to go to lengths in preparing students for the nuances of professional
networking as well as interview and resume preparation.
Again, with an eye towards student-led and self-directed teams, the CMC created the
ACT program in 2003. ACT teams are groups of peers united in a industry and function
specific job search. Meeting in the fall and winter terms, ACT includes career counseling through bi-weekly sessions facilitated by career coaches and second-year students.
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Campus Recruiting Program. As with most elite professional graduate school programs, on-campus interviews are
the lifeblood of the professional recruitment process at Anderson, and are hosted through the Campus Recruitment Program.
Each year, the school hosts over 300 companies through this
program, allowing various employers to host interviews with
students during the fall quarter.
Parker CMC Classifieds. The career services offices
maintains an online job posting forum that allows employers
to post various jobs specific to the Anderson community. Over
3,000 jobs are posted on the CMC Classifieds each year, as postings are comprised of full-time positions, part-time jobs, project
opportunities, and internships.
Company Presentations. During the fall and winter
quarters, companies are allowed to come on campus to hold
Employer Briefings and Corporate Presentations. Employer Briefings are held Monday through Thursday from 11:45 a.m. to 12:45
p.m. and consist of formal presentations with time for Q&A. Corporate Presentations are held Mondays through Wednesdays
from 5:00 to 9:00 p.m. (Pacific). These are more relaxed and are
often accompanied by refreshments, allowing students to interact with recruiters.
Resumé Books and Collections. The career services
office makes available to companies Resumé Books and Resumé
Collections, which are compilations of first and second-year student resumés. These books can be purchased, allowing companies a way to search through the resumés of Anderson students
in search of a particular fit. The CMC also will create Resumé Collections for companies seeking candidates for specific positions.
This involves reaching out to students in the various programs
who meet specific requirements and collecting resumés from
each interested candidate.
Alumni Network. Anderson’s alumni network of over
35,000 alumni provides a career resource for current students.
The Anderson Office of Alumni Relations features programs
ranging from local chapters to alumni weekend to corporate
and speaker events. There are also a variety of online services
including an alumni-specific website, online job postings, and
e-mail lists.
A very popular and recent initiative is the Anderson Jobs list
maintained by UCLA Anderson alumnus Doug Neeper. This
Yahoo! Group contains several thousand members and is a
popular board for posting jobs by alumni and recruiters. In fact,
this board is noted for posting timelier job opportunities than can
often be found on the official UCLA Anderson’s alumni job board.
Employment Statistics
Anderson graduates work in perhaps the greatest variety of industries and functions. Due to the fact that so many UCLA Anderson students come to the MBA program with plans to go
into entrepreneurial ventures and unusual career paths, UCLA
Anderson does not send nearly as many students into the traditional “big three” functions (finance, consulting, and marketing).
In fact, Anderson actually ranks extremely high in the number of
students that go into media and entertainment as well as into
real estate, making it one of the ideal elite business schools for
candidates with unique career paths in mind.
Industry
Media/Entertainment 11.8%
Technology 10.5%
Real Estate 9.4%
Investment Banking 9.0%
Consumer Products 7.4%
Consulting
14.5%
Investment Management 5.5%
Other 31.8%
Function
Marketing 16.5%
Consulting 16.1%
Finance
23.1%
Business Development 9.8%
General Management 4.3%
Strategic Planning 4.3%
Other 25.5%
Location
California
79.6%
Northeast 4.7%
Asia 5.9%
Other U.S. 1.4%
Mid-Atlantic 0.8%
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Midwest 2.4%
Europe 2.0%
Southeast 1.2%
Southwest 1.2%
Latin America 1.2%
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Major Employers
Salaries
Major companies across the globe recruit Anderson graduates and many of the
most common employers are similar to those that recruit at other top business
schools. However, Anderson’s location in Los Angeles, the entertainment capital of
the world, gives the list of common recruiters a different spin, featuring many powerful media companies. The following were some of the most common employers
for graduates from the class of 2007:
Base Salary
Mean......................................................$92,011
Median.................................................$90,000
Range............................. $40,000-$200,000
Signing Bonus
•
Amgen
•
Bain & Company
•
Boston Consulting Group
•
Chevron Texaco Corporation
•
Cisco Systems
•
Deloitte Consulting
•
General Mills
Median.................................................$12,000
•
Goldman Sachs
Range................................$1,200-$150,000
•
Google
*Based on the 2006 graduating class
•
Johnson & Johnson
•
McKinsey & Company
•
Merrill Lynch
•
Microsoft
•
Morgan Stanley
As evidenced by the numerous ways in which
the CMC assists its students in career management, Anderson students receive job offers in
a variety of ways. For the class of 2006, offers
came from the following primary sources:
•
NBC-Universal
School-Facilitated:
•
Sony
Total.................................................65.5%
•
Disney
•
Warner Brothers
•
Wells Fargo
•
Yahoo!
Summer Employer.......................... 23.1%
Campus Recruiting Program........18%
Job Postings
(Parker CMC Classifieds)..................6.3%
Other CMC resources
(resumé books).....................................1.6%
Other Anderson resources
(alumni).................................................. 16.5%
Student-Facilitated:
Mean......................................................$17,465
Median.................................................$15,000
Range...................................$1,000-$47,500
Other Guaranteed Compensation
Mean......................................................$18,239
Sources of Job Offers
Total.................................................34.1%
Summer Employer.............................6.3%
Family and friend network............6.7%
Pre-MBA employer.............................4.7%
Other........................................................ 16.4%
No Information:
Total....................................................... 0.4
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UCLA ANDERSON SCHOOL OF MANAGEMENT
UCLA Anderson and Veritas Prep
Veritas Prep has a distinguished track record helping our clients gain acceptance to
one of the world’s most innovative business schools. Our UCLA Anderson clients go
on to become leaders in their class and successful in a variety of careers, employing
the teamwork and leadership principals the school is based upon. The secret to our
success, as always, is in first ensuring that UCLA Anderson is a proper fit for the client,
and then assisting the client in expressing that unique fit in the most articulate and
impactful way possible.
Our Team
Our team of UCLA Anderson consultants includes former admission representatives,
alumni interviewers, members of influential student groups, and, of course,
accomplished professionals in a variety of fields. With multiple UCLA Anderson
consultants on our admission consulting team, we are able to provide customized
service to clients based on background, timing, and logistics. Our UCLA Anderson
consultants have career experience in a verity of industries and functions.
Each client who works with Veritas Prep on a comprehensive school package will
receive a team of consultants: a Head Consultant and a UCLA Anderson Specialist.
Head Consultant. Each Head Consultant has experience as an admissions
representative, which gives them a unique perspective on the applicant pool and
how candidates must position themselves to express proper fit and to stand out in an
increasingly competitive process. The head consultant will guide the client through
every step of the process: from the initial Diagnostic Session to submission of the
application.
“The secret to our success, as always,
is in first ensuring that UCLA Anderson
is a proper fit for the client, and then
assisting the client in expressing that
unique fit in the most articulate and
impactful way possible.”
UCLA Anderson Specialist. Every comprehensive package client who
chooses UCLA Anderson will also receive a Specialist who is either a current student or
recent graduate of the UCLA Anderson program. This individual will ensure that essay
responses are both topical and aligned thematically with the things that matter to
UCLA Anderson. In addition to helping clients find specific courses, programs, clubs,
and professors that match their interests, the UCLA Anderson specialist will also comb
through each question and answer to ensure that the response is properly aligned
with the qualities that UCLA Anderson seeks in a candidate.
For more on Veritas Prep’s incredible team and the individuals who serve as our UCLA
Anderson consultants, please visit the Consultant Profiles page of our website.
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UCLA ANDERSON SCHOOL OF MANAGEMENT
Our UCLA Anderson Approach
The UCLA Anderson School of Management is always one of
the most popular school selections among our clients due to
its reputation, approach to academics, and location near one of
America’s greatest cities. However, the Veritas Prep approach is
built upon identifying the right fit for each client, regardless of
the generic qualities of the business school. Only once we have
verified a proper match do we begin to build the candidate’s
personal marketing platform and piece together the perfect
UCLA Anderson application.
Diagnostic Session. Our Diagnostic Session – the
first step in our comprehensive packages as well as a standalone service – assures that each client’s goals and prospects
are properly aligned. Once we have helped ensure that the
client is making sound choices with regard to each business
school application, we start building a timeline and a strategy
specifically tailored for a UCLA Anderson engagement.
Personalized MBA Game Plan. Each client’s head
consultant will create a Personalized MBA Game Plan, a strategic
approach based on the client’s professional, academic, and
personal history. Those elements will become the foundation
of the UCLA Anderson application story, allowing the client
to demonstrate leadership, innovation, maturity, teamwork
skills, analytical ability, and potential for academic excellence.
A major component of the Game Plan is the identification of
each candidate’s strengths and weaknesses – as well as truly
unique qualities – relative to the UCLA Anderson applicant
pool (this applies to nearly all of the elite business schools).
This will create an application platform from which to work
and will help mold and shape the strategy of how to address
application components such as the resumé, essays, and letters
of recommendations.
Team-Oriented
Collaborative
Leadership.
Foremost among elite business schools, UCLA Anderson
emphasizes collaborative leadership within teams. UCLA
Anderson views leaders as those that can collaboratively obtain
agreement across a team or organization, marching them in
a unified direction, towards a goal. The program incorporates
this tenant into both its application process as well as its
coursework. The school uses a model of teaching that places
a heavy emphasis on student-led groups and organizations.
Placing small, self-directed student teams of four to five team
members within larger Sections of 70 students drives this
point home during the core set of courses. Teams are set up
to intentionally to represent disparate skill sets that promote a
reliance on each team members varying skill sets. These smaller
teams are expected to collaborate with other teams within
their Section on the overall learning experience through class
discussions, presentations, and analyses.
Therefore, the admissions office is in search of candidates who
can display a robust and consistent history of working well
and collaboratively leading within diverse and dynamic team
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environments. Our approach to UCLA Anderson applications is
to ensure that the client clearly articulates a view of leadership
that is based on their collective professional and personal
experiences. Displaying a clear view of leadership within intimate
groups is relayed throughout each aspect of the process – from
the assertions listed on the resume to the way the essays are
constructed to the reinforcement provided by the letters of
recommendation. The themes of collaboration, empathy and
teamwork within leadership cannot be downplayed and is the
bedrock of UCLA Anderson’s congenial culture.
Entrepreneurial Spirit. Foremost among elite business
schools, UCLA Anderson emphasizes the entrepreneurial spirit
through its coursework and organizations. Demonstrating fit
with this characteristic of the program is a high priority quality
prized by the admissions office, the faculty, and the external Los
Angeles business community associated with UCLA Anderson.
Displaying a history of entrepreneurship or opportunities
for effecting change – particularly when it corresponds with
tremendous teamwork – is a key ingredient in a successful
UCLA Anderson application. The Head Consultant will ensure
that each client’s leadership qualities are accentuated and
broadcasted in clear and persuasive language, while the UCLA
Anderson specialist isolates particular experiences or skills that
would prove to be an exceptional fit among the program’s
entrepreneurial culture at UCLA Anderson.
Balance and Fit. Supplementing the themes of collaborative teamwork and an entrepreneurial spirit is UCLA Anderson’s
intense focus on culture fit through a consistent balance of personal and professional values. Referencing the first application
essay, the admissions committee takes a slightly unusual approach in asking about your family and experiences growing up.
UCLA Anderson views their school as not just a community but
an MBA family. The school wants to know that the norms you
possess will truly fit in with the program. They want to see that
you have balanced professional goals that combine a personal
commitment for the communities that you work and play in.
This is why any background you possess through extracurricular
activities that hits on the themes of community, innovation and
leadership are a perfect fit for UCLA Anderson.
Having installed this “Balance and Fit” as the remainder your
UCLA Anderson application backbone, the Veritas Prep head
consultant and UCLA Anderson specialist will team up to ensure
that you have addressed these themes across all essay questions,
resume and total application. It’s not easy applying to one of
the most popular schools in the country, but our consulting
team will ensure that Veritas Prep clients give themselves the
best chance of admissions success through the most accurate,
engaging, and persuasive portrayal of their candidacy that they
can possibly create. This is true of our approach to all schools,
but particularly at UCLA Anderson, where two critical themes the entrepreneurial spirit and leadership within teams – must
resonate so strongly and consistently throughout the application.
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UCLA ANDERSON SCHOOL OF MANAGEMENT
Introduction to Veritas Prep
Founded in 2002, Veritas Prep has emerged as a global leader in GMAT® education and
MBA admissions consulting. The company’s business school team includes more than
300 graduates of the world’s elite MBA programs, managed from its headquarters in
Malibu, California.
The Veritas Prep consulting model is built on adding value to a student’s application
process by providing both mentorship and expertise. The business school admissions
process has become increasingly competitive and applicants must do everything
possible to showcase their value. Our consultants assist applicants in presenting their
unique stories in the most professional and meaningful way possible. In a sense, our
consultants are translators – helping an applicant discover raw materials and information and then helping that candidate articulate a unique story in a language that
admissions committees understand. More than anything, Veritas Prep gives candidates
a sense of ownership and control over the process. Quality of work, attention to detail,
care for the student, and integrity are the lynchpins of a successful consultation.
“Success Favors the Prepared“
In addition to elite MBA admissions consulting services, Veritas Prep also offers the finest GMAT preparation available in the industry, as well as admissions consulting for law
school, medical school, and graduate school services.
For comprehensive information on all of Veritas Prep’s many services, please visit our
website.
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