Established in 1935, Anderson School of Management is an accredited and renowned business school at the University of California, Los Angeles. It offers excellent and world-class Business Management and executive programs.
One of the leading business schools in the USA, it offers graduates programs only namely Full-Time MBA, Fully-Employed MBA, Executive MBA, Ph.D. The program, UCLA-NUS Executive MBA, Master of Financial Engineering, and Master of Science in Business Analytics. The MBA course of Anderson’s has been ranked as the top career choice in student satisfaction by The Economist.
Anderson School of Management admissions is highly selective. The acceptance rate of the business school is 26% as per the recent fall admissions data. There are three rounds in admissions and the deadline for the upcoming round is April 16, 2021.
To take part in admission events and webinars that can help them with the application and interview process, students can check the updates on the official website. Also, in order to connect the students, they are conducting executive community outreach programs to help aspiring students.
With the average Median Base Salary of USD 125,000, Anderson’s graduates are in demand among employers and they have a sea of job opportunities in the US upon graduation.
Anderson School of Management Rankings
- QS Top Universities Rankings 2021:
- Ranked #2 in World University Rankings for Masters in Business Analytics
- Ranked #7 in World University Rankings for Master of Financial Engineering
- Ranked #16 in the Forbes list of best business schools 2019
- Ranked #25 in the rankings by ft.com for best business schools of 2020
- Ranked #15 in the list of best business schools nationally by QS Global Ranks in MBA.
Highlights
Year of establishment | 1935 |
Type of University | Public |
The student to Faculty Ratio | 18:1 |
Number of campuses | 1 |
Location | Los Angeles, USA |
Tuition Fee Range | 65,114 USD |
English language proficiency score | TOEFL or equivalent |
Financial Aid | Available as awards and scholarships |
Test scores accepted | GRE/GMAT |
Website | www.anderson.ucla.edu/ |
Anderson School of Management Programs
It offers graduate programs only namely Full-Time MBA, Fully-Employed MBA, Executive MBA, Ph.D. The program, UCLA-NUS Executive MBA, Master of Financial Engineering, and Master of Science in Business Analytics.
Programs | Deadlines | Fees in USD | Admission Requirements |
---|---|---|---|
Full-time MBA | April 16, 2021 | 104, 954 | Four-year bachelor degree or equivalent of it; GMAT/GRE score (no minimum score required); Work experience is a plus; Two recommendations and essays; Interviews - invitation basis |
Executive MBA | May 1, 2021 | 83, 996 | Four-year bachelor degree or equivalent of it (should have completed 16 years of study); GMAT/GRE score (optional); Minimum 8 years of experience required; Two recommendations and essays; Interviews - invitation basis. |
Master of Financial Engineering | 78, 470 | April 30, 2021 | Four-year bachelor degree or equivalent of it with excellent academic records; GMAT/GRE score (no minimum score required); Work experience is a plus; Two recommendations and essays Interviews - invitation basis |
Master of Science in Business Analytics | May 14, 2021 | - | Four-year bachelor degree or equivalent of it with 3+ GPA; Strong quantitative background, experience in a computer program; GMAT/GRE score (GMAT - 710; GRE - 167; Work experience is a plus; Two recommendations and essays; Interviews - invitation basis. |
Note: International applicants must submit an English language proficiency proof (TOEFL -87iBT; IELTS - 6.0)
Anderson School of Management Campus & Residence Facilities
The Anderson School of Management is a private business graduate school located in Los Angeles. It is located in the northern part of the University. The institute’s campus comprises four buildings Mullin, Cornell, Entrepreneurs, and Gold. The university comprises around 2000 students.
Anderson offers on and off-campus accommodation available in the school. Some university-owned apartment spaces are also available for the students at a very affordable cost. For short-term housing for students arriving at the school for the first time, UCLA Guest Houses are available for which reservations have to be made well in advance.
All the apartments and residence halls are well furnished and have basic internet connections. The following housing alternatives are offered to graduate students:
- Housing for single graduate students is provided in housing complexes such as the Rose Avenue, Venice Barry, Weyburn Terrace, and Hilgard Apartments. The residences offer single, double, and suite rooms. The cost of Weyburn Terrace is approximately 18,000 USD whereas the studio apartments of the Hilgard are 19,500 USD.
- Housing for married graduate students is provided in the University Village apartments which offer single, double, and triple bedroom apartments.
Anderson School of Business Application Process
Anderson School of Management had a total enrollment of 702 for Graduate Admissions during the Fall Semester of 2019. The school follows a highly selective admission policy with an acceptance rate of 13%. Students are admitted in multiple intakes round the year, usually in October, January, and April with deadlines varying from program to program.
- International students comprise 33% of the total student population.
- The average undergraduate GPA of admitted students is 3.6.
- Admitted students have an average of 5 years of professional work experience.
How to apply?
Application Portal - University online application portal
Application fee - 200 USD
Application deadlines - Application deadlines vary from program to program. The deadline rounds for a full-time MBA application are as follows:
- 1st round: October 2, 2020
- 2nd Round: January 8, 2021
- 3rd round: April 16, 2021
Admission Requirements
- A certified record of the secondary school (high school), college and university records, along with a notarized translation and grading scale if they are not in English. These transcripts must include courses taken and grades obtained.
- Copy of your secondary school (high school), college and university diploma(s) must be provided upon graduation.
- The applicant should have a minimum GPA of 3.6
- The applicants have to submit their GMAT or GRE scores during the application process.
- The GMAT score must be in the range of 680-710.
- The minimum GRE score required is 167.
- Official Test Scores: The TOEFL or IELTS or PTE score is required for applicants whose first language is other than English. The minimum test scores are mentioned below:
- IELTS score of 7.0 overall.
- TOEFL(PBT): 560
- TOEFL(IBT): 87
- At least two letters of recommendation for the applicants.
- Financial statement to provide evidence of the ability to meet the educational expenses.
- The applicants have to submit a one or two pages long resume or CV.
- Candidates must have experience in computer programming.
- Essay
- Interview (if required)
Anderson School of Business Cost of Accommodation
For all the prospective candidates of the institute, an estimated budget for international students looking to study in the US has been compiled below
The tuition fees for international students vary between 54,850 USD to 65,200 USD. The additional expenses comprising the cost of living include:
Type of Fee | Cost in USD, per year |
---|---|
UC Student Health Insurance | 4,800 |
Housing | 25,200 |
Books and Supplies | 1,500 |
Transportation | 830- 5,300 |
Personal Expenses | 5,364 |
Loan Expenses | 1,400 – 2,200 |
Anderson School of Management Scholarships
- UCLA Anderson's School of Management provides several scholarships to study in US in the form of fellowships, federal loans, private loans, assistantships, and more. They have also listed outside funding options to help students.
- Some of the fellowship options are Merit Fellowships, Donor Fellowships, Second Year Donors, External Fellowships, Consortium Fellowships, etc.
- Students are also eligible to get a federal direct unsubsidized student loan and federal graduate plus loans at a fixed interest rate. The annual loan limit is USD 20,500.
- They have prepared a detailed guide to help students know more about private loan opportunities.
- Students also get the opportunity to serve as teaching assistants starting from the second year of their course.
Some of their best financial loan options facilitated by the school include:
Loan/fellowship | Requirements | Timeline |
---|---|---|
FAFSA | Federal student aid offered by the govt. Students from the US location facing any kind of financial hardships and should have obtained acceptance into any US-basedUniversity | Jan - Sep |
E-FAN by UCLA | Based on the type of scholarship/award/loan the student is applying for, requirements change. | July - Aug |
Custom graduate loans for international students | The annual borrowing limit varies from course to course. For MBA programs, it is USD 74,000. No specific requirements needed. | May - July |
Merit scholarships and fellowships at the school with their requirements are tabulated below:
Fellowships/Scholarships | Requirements | Timeline |
---|---|---|
Merit Fellowships | Strong admission application and academic profile | Upon admissions |
Donar Fellowships | Based on criteria like career community involvement, exhibiting professional qualities | Upon admissions |
Second-year Donar Fellowships | Based on first-year grades, community involvement in UCLA campus, etc. | Upon admissions |
Forte Fellowships | Offered to outstanding female students for a two-year period. | Upon admissions |
Consortium Fellowships | Full tuition fee waiver. Purely based on the strength of admissions application | April |
Anderson School of Management Placements
- The economist has consistently shown how Andersons always place 100% of students in deserving job positions through placement opportunities.
- Students are placed in fields like Technology, Consulting, Finance, Marketing, Social Impact, Healthcare, Entertainment, etc.
- As per the 2019 year’s data, the full-time employment compensation of an Anderson student is USD 122k/year and an intern’s mean salary is USD 7532/month.
- More than 45% of students have bagged internship opportunities through on-campus placement drives.
Anderson’s business school has set up Parker’s career management center which contains career counseling mentors. They take care of arranging workshops, career talks, summer internships, placement coaching, and arrange career opportunities through arranging campus recruitment programs. Every year, around 250 companies visit the campus and 2000 job vacancies are getting created.
Frequently Asked Questions
Ques. What are the programs offered at Anderson School of Management?
Ans. It offers graduate programs only namely Full-Time MBA, Fully-Employed MBA, Executive MBA, Ph.D. The program, UCLA-NUS Executive MBA, Master of Financial Engineering, and Master of Science in Business Analytics.
Ques. What is the average salary of Anderson School of Management graduates?
Ans. As per the 2019 year’s data, the full-time employment compensation of an Anderson student is USD 122k/year and an intern’s mean salary is USD 7532/month.
Ques. What is the application processing fee for a full-time MBA at Anderson School of Management?
Ans. Students have to pay USD 200 along with the application.
Ques. What kind of essays can be submitted?
Ans. Essays that convey your leadership experience, career plans, etc. You can describe the moments where you exhibited your leadership skills.
Ques. What are the items that are included in program fees?
Ans. Registration, student charges, textbooks, meals, software supplies, off-campus residential/housing facilities.
Ques. Do the requirements change for reapplicants?
Ans. Yes. It changes from first-time applicants. A totally new application with an updated resume and a new set of essays have to be submitted.
Ques. When do they start accepting applications for the fall season?
Ans. They start accepting applications as early as the start of August month.
Ques. For international applicants, does the candidate have to convert the GPA to American scale?
Ans. No need. They evaluate international applications from different countries. Hence it is not needed.
Ques. Do they have flexible learning solutions available for students?
Ans. Yes. There are three different schedules available. Bi-weekly, monthly and bi-monthly.
Ques. Are there any partner learning programs?
Ans. Yes. There are online programs like entrepreneurship business leadership program, management acceleration program, etc which are available in online and live mode.