Tag Archives: UCLA Anderson School of Management

New Degree Program in Business Analytics at UCLA Anderson

UCLA’s Anderson School of Management has launched a new academic degree program, the Master of Science in Business Analytics (MSBA), beginning in the fall. Through innovative curriculum designed specifically for this 13-month program, students will be …

UCLA’s Anderson School of Management has launched a new academic degree program, the Master of Science in Business Analytics (MSBA), beginning in the fall. Through innovative curriculum designed specifically for this 13-month program, students will be prepared to extract business insights from the vast data available in the global marketplace.

“Today’s most innovative companies deal with a phenomenal amount of digital information that informs every aspect of an organization’s operations, from marketing and sales to customer base and market opportunities,” says UCLA Anderson Dean Judy. D. Olian.

The demand for talent that can make sense of the data and extract insights and advantages is at a premium today, Olian says.

The 2017 Big Data Executive Survey by NewVantage Partners found that 85% of Fortune 500 companies have either launched big data projects or are planning to do so. McKinsey Global Institute estimates that by 2018, the U.S. could face a shortage of 140,000 to 190,000 workers with deep analytical skills, and a potential shortfall of 1.5 million “data-savvy” managers and analysts.

With such market demands as a backdrop, the UCLA Anderson MSBA program combines theory and application in a number of critical areas, beginning with deep understanding of mathematics, statistics, programming and data management, then moving on to specific applications of business analytics that include customer analytics, operations analytics and competitive analytics.

Whether in health care, consumer products, sports and entertainment or information services, data analytics are a vital necessity to maintain market positions and to innovate.

Courses will be taught by members of Anderson’s faculty and other experts, who will infuse the classroom experience with the latest research and with their own experience from consulting with industry. UCLA Anderson is also home to the Morrison Family Center for Marketing Studies and Data Analytics, which will support the new degree program.

“Our MSBA program provides students with a first-rate academic experience that meshes a technically focused and rigorous experience with action learning, internships and field study projects,” says Associate Professor of Decisions, Operations and Technology Management Felipe Caro, the faculty director of the new degree program.

“Those who graduate from the program will be ready to take on the urgent challenges companies face when attempting to exploit the implications of their data.”

Applications will become available in late March.

Posted in School News | Tagged , , , ,

Applicants Should Connect with Alumni, Says UCLA Anderson Dean

One of the most valuable aspects of attending a top-ranked MBA program is the amazing network you cultivate during those two years. The MBA Insiders Blog at UCLA Anderson School of Management has just published a …

UCLA Anderson application tips

One of the most valuable aspects of attending a top-ranked MBA program is the amazing network you cultivate during those two years. The MBA Insiders Blog at UCLA Anderson School of Management has just published a helpful article noting how your interactions with the alumni of your target MBA programs can help you determine whether the school is a good fit for your personality and career goals.

Alumni can usually provide the most honest opinion on which courses will translate into future job opportunities, and point out which social opportunities allow you to really connect with other students outside of the classroom to help build that network foundation.

Alex Lawrence, Assistant Dean & Director of Admissions for the Full-Time MBA Program, writes this latest post in Anderson’s From the Dean’s Desk series, and below are his top 5 reasons why you should connect with alumni during your application process.

  1. Experience the school culture. Each school has its own culture and climate. Speaking with alumni allows you to experience that culture first hand. You can also ask what type of people attend the school (bankers, consultants, marketers, teachers). Ask if it is a competitive environment, do people support each other, is diversity and inclusion valued at the school, etc.
  2. Get advice on best way to visit campus /see program in full action. Alumni can provide great advice on how to structure your visit, how to contact
    faculty, meet with students, possibly sit in on a class, etc.
  3. Gain insights into career options and opportunities. One of the top reasons you are going to business school is to advance your career. Alumni are great resources to understand the impact of the school’s career management center on his/her career, what companies recruit/hire students at that school, learn about the career outcomes of other alumni.
  4. Provide a window into specific experiences. Business school is not just about taking classes. It is a wonderful way to test your limits and get out of your comfort zone. Alumni can provide a “window” into specific experiences for consideration – favorite courses, school faculty, classmates, global experiences, signature conferences, academic internships, community service, etc.
  5. Get answers to the “I didn’t know what I didn’t know” questions. Alumni can provide information that’s otherwise hard to find, such as answers to questions about financing your MBA and learning about pre-MBA internship opportunities.

The best way to reach out to alumni is through friends, family and colleagues, since that connection will incentivize them to give you a really honest insider’s perspective. If you can’t get in touch with anyone directly, reach out to the schools themselves and they’ll be able to put you in touch with someone willing to talk to you.

Nothing compares with hearing firsthand accounts that offer a realistic view of the business school experience that go beyond the brand messages of school websites and admissions events. Have conversations about why they decided to go to business school, why they chose the program they did, what were the highlights or surprises of their experience, and what they wish they had known when starting this process.

It truly is the people, not the brochure bullet points, that bring a school to life, so the more person-to-person contact you have, the more informed you will be when it comes time to apply – and when you finally set foot on campus.

 

Posted in Application Tips | Tagged , , , , , ,

Waitlist Guidelines from UCLA Anderson

All MBA applicants are anxious to learn whether or not they’ve been admitted to their dream schools. For some prospective MBAs, however, those decision dates come and go… and they’re still in limbo. They’ve been …

MBA waitlistAll MBA applicants are anxious to learn whether or not they’ve been admitted to their dream schools. For some prospective MBAs, however, those decision dates come and go… and they’re still in limbo. They’ve been waitlisted.

While this isn’t ideal, MBA applicants should celebrate the fact that their candidacy is strong enough to merit further consideration by the admissions committee. It’s a great sign that you are qualified to attend the program, and that the school is interested in your profile.

Each school has its own policy when it comes to wait list etiquette, and the admissions team at the UCLA Anderson School of Management has shared its protocol and suggestions for Round 1 candidates who now find themselves placed on the waiting list.

  • If your application status indicates you have been placed on our waitlist, your name will remain on the waitlist until a final decision is made on your application or until you request your application be withdrawn.
  • Waitlisted candidates (excluding those who withdraw) will be reconsidered for admission in subsequent rounds.
  • Round 1 applicants will receive an update on their application status by the Round 2 decision deadline of March 29, 2017. Some candidates may be offered the option of remaining on the waitlist for consideration in Round 3.
  • Remaining Round 1 and Round 2 waitlist candidates will receive an update on their application status by the Round 3 decision deadline of May 24, 2017.
  • Anderson cannot give individual feedback to waitlisted applicants.
  • Chances of being admitted off the waitlist are difficult to predict since the number of students admitted from the waitlist varies from year to year depending on the size/strength of the admit pool, number of admits who enroll, and other factors.

Unlike other MBA programs, UCLA Anderson does allow applicants to submit additional materials if there’s been a significant change that bolsters your candidacy, so be judicious when deciding what to send.

“We ask that you use your personal judgment and discretion in submitting additional information that is relevant to your application. Some examples include (but are not limited to): updated GMAT/GRE/TOEFL scores, promotions at work, and recent extracurricular accomplishments,” the adcom notes.

Exercise restraint in communications, but also convey your enthusiasm whenever possible, as they want to be sure you’ll say yes if admitted.

Finally, to all those waitlisted candidates out there, take heart. It’s not the news you wanted, but there are plenty of reasons to keep hope alive. You wouldn’t be on the wait list if you were not someone they thought could be a great addition to the class. Hang on and stay strong—and positive—as you wait out this last leg of the MBA admissions process.

Image credit: Flickr user monkeyc.net (CC BY-NC-SA 2.0)

Posted in UCLA Anderson Advice | Tagged , , , , ,

Ask the AdCom: Who are Some Famous Graduates of Your Program?

Hey everybody! We’re back with another installment of “Ask the AdCom,” where we share a wide range of tips, trivia, and advice from admissions team members from a dozen top business schools. Since AdCom members are human, too, …

Hey everybody! We’re back with another installment of “Ask the AdCom,” where we share a wide range of tips, trivia, and advice from admissions team members from a dozen top business schools. Since AdCom members are human, too, we know our readers will enjoy seeing  a different side of what makes these guys tick.

This fun space is not really about the application process but more about real-life topics, like what’s a good book to readbest place to study, where you can find a killer meal near campus, and all the fun stuff happening at b-school that creates those lifelong, cherished memories for MBA students.

We hope you become inspired, too!

Blake Mycoskie, founder and Chief Shoe Giver of TOMS Shoes

Today’s question is: Who are your famous alums?

John Roeder, Assistant Dean of Graduate Admissions at SMU Cox School of Business:

  •  Lamar Hunt, founder of the American Football League and owner of the Kansas City Chiefs
  • Gerald J. Ford, Dallas-based billionaire
  • Blake Mycoskie, founder of TOMS Shoes
  • Ray Hunt, founder and CEO of Hunt Oil Company
  • Thomas Horton, Chairman of AMR and American Airlines

Shari Hubert, Associate Dean of MBA Admissions at Georgetown McDonough School of Business:

  • Guy Adami (B ’86), original member of CNBC’s “Fast Money” team
  • Michael Chasen (MBA ’95), president and CEO of Social Radar, cofounder and former CEO of Blackboard (and a member of Georgetown’s Board of Directors)
  • Jim Gaffigan (B ’88), stand-up comedian and actor
  • Ted Leonsis (C ’77), chairman and CEO of Monumental Sports and Entertainment (owner of the Washington Wizards, Capitals, Mystics and the Verizon Center) and vice chairman emeritus of AOL (and chair of the board for Georgetown’s Entrepreneurship Initiative)
  • Ann Sarnoff (B ’83), president of BBC Worldwide North America (and vice chair of the McDonough School of Business Board of Advisors).
  • Maria Shriver (C ’77), NBC News anchor, former first lady of California.
  • Laurence Tosi (B ’90, L/MBA ’94), CFO of Airbnb, former CFO of The Blackstone Group (and a member of Georgetown’s Board of Directors)

 Kelly R. Wilson, Executive Director of Admissions at CMU Tepper School of Business:

  • David Tepper, Appaloosa Management
  • James Swartz, Accel Partners
  • Eric Butler, Union Pacific
  • David Coulter, Warburg Pincus
  • Brian Olsavsky, Amazon
  • Cindy Padnos, Illuminate Ventures
  • Keith Law, ESPN
  • … and don’t forget famous Carnegie Mellon University alums such as artist Andy Warhol, actor Holly Hunter, “Last Lecture” author Randy Pausch, the late astronaut Judith Resnik and director George Romero.

Morgan Bernstein, Executive Director of Full-Time MBA Admissions at UC Berkeley-Haas School of Business:

  • Paul Otellini, MBA 84, former CEO of Intel
  • Shantanu Narayen, MBA 93, CEO of Adobe
  • Barbara Desoer, MBA 77, CEO of Citibank
  • Don Fisher, BS 51, founder of The Gap

Alex Lawrence, Assistant Dean of MBA Admissions at UCLA Anderson School of Management:

  • Susan Wojcicki, MBA 98, CEO of YouTube
  • Larry Fink, MBA 74, Founder, Chairman and CEO of Blackrock
  • Bill Gross MBA 71, co-founder PIMCO

Judi Byers, Executive Director of Admissions and Financial Aid at Cornell’s Johnson Graduate School of Management:

  • Ken Derr MBA ’60, retired Chairman and CEO, Chevron Corporation
  • Michael Chen, MBA ’85, CEO, Chen & Associates. Former President, Strategic Initiatives Group, NBC
  • Daniel Hesse, MBA ’77, former President & CEO, Sprint
  • Ruth Bader Ginsburg ’54, United States Supreme Court Justice
  • Abby Joseph Cohen ’73, President of the Global Markets Institute, Goldman Sachs & Co.

Virginie Fougea, Associate Director of Admissions  at INSEAD:

  •  Tidjane Thiam, MBA ’88J, CEO Credit Suisse
  • Barbara Kux, MBA ’84J, Board member of Total and Henkel and one of Fortune’s “most powerful women in business”
  • Henry Engelhardt, MBA ’88J Admiral Insurance co-founder
  • Grita Loebsack, MBA ’95D,  CEO of Kering Luxury – Couture & Leather Goods
  • Carole Ramella, MBA ’06D, Founder & Managing Director, GFA Consulting Ltd, a company based in Ghana that helps African businesses raise funds.
  • Philippe Houzé, MBA ’74, President of Galeries Lafayette

Look out for the #AskAdCom in our social media channels, and we’ll keep you posted when we check in again to Ask the AdCom about even more interesting, unusual and inspiring happenings at their MBA programs.

****

Make 2017 the year you achieve your most ambitious professional goals! Take the first step by signing up for a completely free consultation with one of our all-star advisors. We can answer questions, provide advice and help set you up to make your MBA dreams come true in 2017. Sign up today at: www.stacyblackman.com/contact

Image via Flickr user Andy Sternberg, (CC BY-NC-SA 2.0)

Posted in General | Tagged , , , , , , , ,

UCLA Anderson on the Pros and Cons of Each Application Round

Deciding in which round you should submit your MBA application can cause a lot of stress, as each seems to have its own pros and cons. As numerous business schools have second-round deadlines eminently, you …

Deciding in which round you should submit your MBA application can cause a lot of stress, as each seems to have its own pros and cons. As numerous business schools have second-round deadlines eminently, you might like to take a look at how the admissions team at the UCLA Anderson School of Management—whose R2 deadline is January 5th— views the pluses and drawbacks of each application round.

timing your MBA

Here are just a few of the points made by the UCLA Anderson AdCom on the subject:

Applying in Round One

Pros: Applying early shows you’re serious about going to business school. In the case of UCLA Anderson, you have the best shot at merit-based fellowship funds in the first round. If you don’t get accepted in the first round you still have time to apply to other programs in Round 2.

Cons: Least amount of time to properly prepare for the GMAT/GRE. Also, the time factor may not allow enough time for you to pull together a high-quality application.

Applying in Round Two

Pros: Applying in this round allows you ample time to visit the school and make a convincing argument about fit based on those experiences on campus.

Cons: Competition is fierce as this is the most popular round. If you don’t get accepted, you may not have time to apply anywhere else this cycle.

Applying in Round Three

Pros: The final round offers the most time to continue enhancing your profile with promotions at work or deepen volunteer commitments that show off your well-rounded personality. You’ll also have time to re-take the GMAT or GRE multiple times if needed to get your score in a competitive range.

Cons: A capped class size makes this by far the most competitive round as there are fewer spots available in the class.  You will likely be compared against many other individuals on the waitlist from earlier rounds.

The truth is that the admissions committees know what they are looking for. They have become pretty good at estimating numbers, and evaluating and accepting applicants that fit their criteria. The best strategy is not to play the game of which round, but to submit your application as soon as, but not until, it is ready.

***

Make 2017 the year you achieve your most ambitious professional goals! Take the first step by signing up for a completely free consultation with one of our all-star advisors. We can answer questions, provide advice and help set you up to make your MBA dreams come true in 2017. Sign up today at: www.stacyblackman.com/contact

Image by Flickr user Cam Evans (CC BY-ND 2.0)

Posted in Application Tips | Tagged , , , , ,

Ask the AdCom: Who are the Must-Meet Professors?

Hey everybody! We’re back with another installment of “Ask the AdCom,” where we share a wide range of tips and advice from admissions team members from a dozen top business schools. Since AdCom members are human, too, we …

Hey everybody! We’re back with another installment of “Ask the AdCom,” where we share a wide range of tips and advice from admissions team members from a dozen top business schools. Since AdCom members are human, too, we know our readers will enjoy seeing  a different side of what makes these guys tick.

This fun space is not really about the application process but more about real-life topics, like what’s a good book to readbest place to study, where you can find a killer meal near campus, and all the fun stuff happening at b-school that creates those lifelong, cherished memories for MBA students.

We hope you become inspired, too!

Ask the AdCom best professors

Today’s question is: Who are the must-meet professors?

Alex Lawrence, Assistant Dean of MBA Admissions at UCLA Anderson School of Management, says Janessa Shapiro is the one to meet. She has authored 30 research articles and delivered nearly 20 conference talks as she sets out to understand–and help others understand–stereotype threats and social stigmas.

Professor Shapiro’s commitment to these areas is also reflected in her university service to UCLA. She’s a member of the Anderson School’s Task Force on Faculty Gender Climate, a Faculty Sponsor for Underrepresented Graduate Students in Psychology, and a member of the Psychology department’s Diversity Issues Committee.

John Roeder, Assistant Dean of Graduate Admissions at SMU Cox School of Business, says every student will meet Dean Al Niemi as he is extremely approachable and gets to know the students well.  Especially those that take his popular course:  The Evolution of American Capitalism.  It is not unusual to have guest speakers pop in on his class, including former President George W. Bush.

Shari Hubert, Associate Dean of MBA Admissions  at Georgetown’s McDonough School of Business, says Lee Pinkowitz, Melissa Bradley, and Ken Homa are popular with Georgetown MBA students.

Kelly R. Wilson, Executive Director of Admissions at CMU Tepper School of Business, points to Marvin Goodfriend, world-banking expert and professor of economics, who was voted the award for the graduating class’s favorite faculty member.

Judi Byers, Executive Director of Admissions and Financial Aid at Cornell’s Johnson Graduate School of Management, shared these recommendations from Cornell Johnson students:

Rodrigo Malta, Director of Admissions at UT McCombs School of Business, says Melissa Graebner, a professor in our Management department, is always a favorite for her expert knowledge in Corporate Governance, e-ship and M&A.

*****

Look out for the #AskAdCom in our social media channels, and we’ll see you again next week when we check in to Ask the AdCom about their various study abroad programs. 

Posted in School News | Tagged , , , , , , , , , , , , , , , ,