The Graduate School of Management offers the Master of Business Administration (MBA) as well as a joint degree in engineering (MBA/ME), law (MBA/JD), medicine (MBA/MD), and agricultural economics (MBA/AE). Other programs include an interdisciplinary program in corporate management, cross-registration with other University of California campuses, cooperative programs with CalPERS/CalSTRS, foreign exchange with 12 countries, internships, and research centers. The strongest areas of study are accounting, finance, marketing, information technology, technology management, entrepreneurship, and management of organizations. The most popular courses are Management of Innovation, Forecasting and Managerial Research Methods, Power and Influence in Management, Organizational Structure and Strategy, Business Data and Information Management, Business Taxation, Decision Making, and Management Science. Regular programs bring distinguished speakers and visiting professors to campus. There is an emphasis on the real-world application of management through the use of executives as guest speakers and actual client businesses for student projects; there is also an Executive-in-Residence program.
Seventy-two total credits are required to complete the MBA, including 45 elective credits. Required courses include:
- Financial Accounting
- The Individual and Group Dynamics
- Markets and the Firm
- Data Analysis for Managers
- Financial Theory and Policy
- Marketing Management
Students may eliminate or substitute requirements by passing an exam for certain classes or transferring previous courses.
Business students may take relevant nonbusiness courses in other departments. The minimum time permitted to complete the master’s degree program attending full time or part time is 2 years; maximum, 4 years.
There are 27 total full-time graduate business faculty, all of whom hold a doctorate; there are 19 part-time faculty, of whom 68% hold a doctorate. Faculty salaries are rated average for Category 1 institutions, based on the AAUP rating system. Average number of courses faculty teach is 3; average business class size is 31.
A bachelor’s degree is required. Most important admissions factors are academic accomplishments and ability, career plans, and management potential. A strong mathematics background is required.
The number of applicants for the 2006-2007 class was 316; 114 were accepted; 55 enrolled. The average GPA was 3.4; average GMAT score was 671. Transfers are not accepted.
Students may begin the MBA program in the fall only. To apply, students must submit an application form, a transcript, GMAT scores, a nonrefundable application fee of $100, 2 letters of recommendation, 3 essays, and a resume. The application deadlines are November 15 for fall entry; January 17, winter; March 14, spring; May 16, summer. Students are notified within 6 to 10 weeks of a complete application of the admissions decision. The latest acceptable test date for fall entry is May. Once accepted, students may defer admission for up to 1 year upon approval.
About 79% of graduate business school students receive financial aid from scholarships, loans, and graduate assistantships, for a total average of $23,367 annually; maximum $54,152. The FAFSA and the previous year’s tax return are required. The application deadline is March 1 for fall entry.
Annual tuition and fees for in-state students total $22,163; nonresidents pay $34,408. On-campus room and board costs approximately $11,354; books and supplies, $1665; personal expenses, $1500, for an estimated annual total of $36,682 for in-state residents and $48,927 for out-of-state residents. Graduate student housing includes on-campus residence halls and married-student housing and off-campus apartments, duplexes, rooms, and houses. There is a referral service to help procure off-campus housing.
Twenty-seven percent of the current graduate business school class are enrolled full time; 97% have had an average of 6 years of full-time work experience prior to entering graduate school, a factor preferred by the school. The greatest percentage of students are from California (57%). Twenty-eight percent are women, 34% are minorities, and 22% are foreign nationals. The average age at entrance is 29; ages range from 22 to 37. Three percent enter directly from undergraduate school; 20% already have a graduate degree. Students’ undergraduate majors were as follows: 27%, engineering; 23%, liberal arts; 22%, math and science; 16%, business; 15%, social sciences; and 14%, economics. About 1% of entering students leave by the end of the first year due to academic or personal reasons; 99% remain to receive their degree. In 2006, 110 graduate business degrees were awarded.