Anderson School of Management [UCLA]

The UCLA Anderson School of Management is the University of California’s graduate business school located in Los Angeles, California. Established in 1935, Anderson School of Management is a recognized and acclaimed business school at the University of California, Los Angeles. 

It is one of UCLA’s eleven professional schools. The school offers MBA (full-time, executive part-time,), PGPX, financial engineering, business analytics, and PhD degrees.

The programs offered by Anderson include an Accounting minor for undergraduates, a Full-Time MBA program, PhD, Fully-Employed MBA, Executive MBA, Global EMBA for the Asia Pacific, Global EMBA for the Americas, Post Graduate Program in Management for Executives (UCLA PGPX), Post Graduate Program in Management for Professionals (UCLA PGP PRO), Master of Financial Engineering, and Master of Science in Business Analytics. 

One of the US’s leading business schools, Anderson offers only graduate programs. 

Admissions at Anderson School of Management are highly choosy, with its acceptance rate being 26%. For admissions, there are three rounds.

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To participate in admission events and webinars, students can check the updates on the official website that aid them with the processes of application and interview. 

The university conducts executive community outreach programs to help connect students and potential students

With $125,000 being the average median base salary, Anderson’s graduates are sought-after by employers and they will have any number of job opportunities in the US once they graduate.

Rankings of the Anderson School of Management

According to QS Top Universities Rankings 2021, Anderson was ranked #2 for Masters in Business Analytics in World University Rankings. In the Forbes list of best business schools in 2019, it ranked #16 in the world.

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
English language proficiency score	TOEFL or equivalent
Test scores accepted	GRE/GMAT

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	Fees (USD)	Admission Criteria
Full-time MBA	104, 954	Four-year bachelor’s degree or its equivalent; GMAT/GRE score (minimum score not a requirement); two recommendations and essays; Work experience an advantage;
Executive MBA	83, 996	Four-year bachelor’s degree or its equivalent (must have completed 16 years of study); GMAT/GRE score (non-compulsory); Minimum work experience of eight years; Two recommendations and essays; Interviews on an invitation basis.
Master of Financial Engineering	78,470	Four-year bachelor’s degree or its equivalent with superb academic records; GMAT/GRE score (minimum score not a requirement); Work experience an advantage; Two recommendations and essays; Interviews on an invitation basis
Master of Science in Business Analytics	–	Four-year bachelor’s degree or its equivalent with a minimum of 3 GPA; GMAT/GRE score (GMAT of at least 710; GRE of at least 167) Work experience an advantage; Two recommendations and essays; Interviews on an invitation basis.

Note: International applicants need to submit proficiency proof in the English language (TOEFL – iBT 87; IELTS – 6.0)

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Campus & Residence Facilities of the Anderson School of Management

The Anderson School of Management, a private business graduate school in Los Angeles, is located in the university’s northern part. The school’s campus houses four buildings Cornell, Entrepreneurs, Mullin, and Gold. The university is home to about 2,000 students.

The Gold building is connected to the Collins building, named after an alumnus James A Collins, a chairman emeritus of Sizzler International. 

Anderson offers both on and off-campus accommodations. Some apartment spaces owned by the university are also available for students at reasonable costs. UCLA Guest Houses are available for new students to stay for short-term. Reservations for these have to be done well in advance.

All the apartments and residence halls are furnished well and have plain internet connections.

The housing alternatives that are offered to graduate students are the following:

• Single graduate students are provided accommodation in housing complexes such as the Venice Barry, Hilgard Apartments, Weyburn Terrace, and Rose Avenue. The residences comprise single, double, and suite rooms. The cost of Weyburn Terrace is about $18,000 and the Hilgard studio apartments cost $19,500.
• Married graduate students are provided housing in the University Village apartments where on offer are single, double, and triple-bedroom apartments.

Application Process of Anderson School of Business

Anderson School of Management usually has a total enrollment of more than 700 for graduate admissions. Students have three intakes per year. They are in January, April, and October, with deadlines varying from one program to another.

• Foreign students make up 33% of the total student population.
• The average GPA of undergraduate admitted students is 3.6.
• Enrolled students have an average work experience of five years.

Application Portal – online 

Application fee – $200 

Application deadlines – Application deadlines vary from one program to another for an MBA full-time application.

Requirements for Admission

• Certificates of the secondary school, college, and university along with an endorsed translation and grading scale in case they are not in English. Included in these transcripts are courses taken and grades secured.
• Copy of the secondary school, college, and university diploma(s) need to be provided. graduation. 
• The applicant should get a GPA of at least 3.6.
• The applicants must submit their GMAT/GRE scores as part of the application process.

• • The GMAT score should range from 680 to 710.
  • The minimum score on GRE should be 167.
• Official Test Scores: The TOEFL or PTE or IELTS score is needed for applicants whose native language is not English. The students’ minimum test scores should be as follows:
  • IELTS score of 7.0 on the whole.
  • In TOEFL(PBT), they should get a minimum score of 560
  • In TOEFL(IBT), they should get a minimum score of 87

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• A minimum of two letters of recommendation (LORs) for the applicants.
• Financial statements to prove that the candidates can take care of the educational expenses.
• The applicants need to submit a CV/résumé which is one or two pages long.
• Candidates need to have experience in computer programming.
• Statement of Purpose (SOP)
• Interview (if needed)

Cost of Accommodation at Anderson School of Business

The estimated budget for all the potential international candidates of the school is as follows.

The tuition fees for foreign students vary between $54,850 and $65,200. The additional expenses including the cost of living are as follows:

Fee Type	Cost (USD) per year
UC Student Health Insurance	4,800
Accommodation	25,200
Books & Supplies	1,500
Travel	830- 5,300
Personal Expenses	5,364
Loan Payments	1,400 – 2,200

 

Scholarships Provided by the Anderson School of Management

• UCLA Anderson’s School of Management provides various scholarships through fellowships, private loans, assistantships, federal loans, etc. Students can also access listed outside aid options to take care of themselves.
• Some of the fellowship options are external fellowships, merit fellowships, donor fellowships, consortium fellowships, second-year donors, etc.
• Students are also eligible to avail of a federal direct unsponsored student loan for federal graduates at a fixed interest rate in addition to loans. The annual loan cap is $20,500.
• The school has prepared an extensive guide to assist students to comprehend better opportunities for a private loan.
• Students can also avail of the opportunity to be teaching assistants commencing from the course’s second year. 

Some of the Choicest Financial Loan Options That the School Assists in Include:

Loan/fellowship	Conditions	Duration
FAFSA	Govt. offered federal student aid. Students of the US facing financial difficulties must have got acceptance into any University that is US-based	Jan – Sep
E-FAN by UCLA	Depending on the type of scholarship or award or loan the student applies for, requirements vary.	July – Aug
Custom graduate loans for international students	The annual borrowing ceiling varies from one course to another. MBA programs cost $74,000. No particular requirements required.	May – July

The requirements and the details of the school’s merit scholarships and fellowships are as follows:

Fellowships/Scholarships	Conditions	Duration
Merit Fellowships	Strong admission application & educational profile	After admission
Donar Fellowships	Based on conditions like demonstrating professional qualities and career community involvement	After admission
Second-year Donar Fellowships	Depending on first-year grades, involvement in the community in the UCLA campus, etc.	After admission
Forte Fellowships	Provided to superior female students for a two-year period.	After admission
Consortium Fellowships	Complete tuition fee exemption. Based solely on the strong point of the admissions application	April

Placements at Anderson School of Management

Anderson’s business school has established Parker’s career management center which comprises career counseling counselors. They arrange career talks, workshops, placement coaching, and summer internships, and organize career opportunities through the conduct of campus recruitment programs.