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University of California Berkeley
Haas School of Business Contact Information: (510) 642-1405 http://www.haas.berkeley.edu MBA Degree Programs: Full-Time MBA Program Evening & Weekend MBA Program Berkeley-Columbia Executive MBA Program Master's in Financial Engineering Program PhD Program Undergraduate Program
Accreditation(s): AACSB WASC
Admissions Requirements: The highly selective Berkeley MBA program attracts high-caliber students. Haas students must have solid academic backgrounds and test scores that confirm they possess the intellectual capacity and stamina to meet the challenges of the academically demanding Berkeley MBA program. They also arrive having already distinguished themselves in their previous work experience, as well as in community activities and other outside endeavors. With an average age of 28, Haas students have had time to develop successful careers in finance, consulting, marketing, government, the military, accounting, health care, real estate, non-profit, high technology, and many other fields. Some have founded their own companies, while others were on the corporate fast track. Candidates may apply to the program if they hold the equivalent to a four-year US bachelor's degree and have not obtained an MBA or comparable degree from another institution. Although we do not have a minimum requirement, a GPA of B (3.0) or better is generally standard for serious consideration. For the fall 2004 entering class, the average undergraduate GPA was 3.48; the range for the middle 80% of entering students was 3.10 - 3.86. In addition, in order to help evaluate applicants' mathematics proficiency, we specifically look for and strongly recommend a university-level statistics or calculus course with a grade of B or better. All candidates are required to take the GMAT exam prior to the deadline for which they are applying. While there is no minimum acceptable score, the average GMAT for the fall 2004 entering class was 700 and 80% of the class scored between 650 - 750. Applicants who received their degree outside of the US, UK, Australia, or English-speaking Canada are required to take the TOEFL exam. The vast majority of our students have two or more years of full-time professional work experience following the completion of their undergraduate degree. Over the past several years, our admitted applicants have had, on average, approximately 5 years of post-university work experience. We require two professional letters of recommendation and prefer that at least one come from a current or former direct supervisor. The Admissions Committee conducts interviews of applicants by invitation only, and we ask that you please refrain from contacting our office to request an interview. Tuition: The following financial aid estimated costs are for the nine-month academic year 2005-2006. However, University fees are subject to change and you should expect them to rise during the second year of the MBA program. This information is current as of March 9, 2005. CALIFORNIA RESIDENT BUDGET UC Registration Fees $24,561 Graduate Student Health Insurance $1,100 TOTAL FEES $25,661 Rent & Utilities $8,996 Food $4,614 Transportation $1,338 Personal $2,898 TOTAL LIVING COSTS $17,846 Books & Supplies $2,500 TOTAL RESIDENT BUDGET $46,007 NON-RESIDENT BUDGET UC Registration Fees $24,561 Graduate Student Health Insurance $1,100 Non-Resident Tuition $12,245 TOTAL FEES $37,906 Rent & Utilities $8,996 Food $4,614 Transportation $1,338 Personal $2,898 TOTAL LIVING COSTS $17,846 Books & Supplies $2,500 TOTAL NON-RESIDENT BUDGET $58,252 Description of Learning Environment for Students: The Berkeley MBA's close-knit community will challenge you to take an active role in your education, and to make a difference by achieving goals through teamwork. You are expected to take the lead and help shape your own program, whether it is creating a student-initiated elective class or launching a school-wide event. The program's small size ensures that your learning experience is personalized; strong connections develop naturally between students and faculty members. The comprehensive Berkeley MBA curriculum offers a high degree of flexibility and freedom in designing your own course of study. A common core teaches you both theory and practice in all the fundamentals of management - from accounting to strategy and more. Dozens of innovative elective courses cover the latest developments in business. Teaching methods include lectures, case studies, seminars, simulations, guest speakers, and group projects. You graduate with up-to-date knowledge and a set of practical skills to become a leader in any kind of organization - from startups and multinational firms to consulting organizations and nonprofits. Faculty: Haas School faculty members are explorers and discoverers, seeking new ideas and insights at the frontiers of knowledge. They are internationally recognized leaders in the study of the economic, social, political and technological forces shaping global markets today. They play an active role in national and international business communities, serving as consultants, board members, and speakers at major business conferences and seminars. They are in demand for key government positions, and they perform important interdisciplinary research with colleagues at Berkeley and at other top universities around the world. Rankings of academic reputations consistently place the Haas faculty in the top ten of business schools worldwide. Several faculty members are authors of widely used textbooks in marketing, economics, and management. Severin Borenstein is a nearly constant presence in the national media to explain the ups and downs of the nation's energy markets. Hayne Leland and Mark Rubinstein are among the world's most knowledgeable securities experts. Ken Rosen's real estate market forecasts are widely regarded as definitive. Michael Katz is a leading thinker and strategist in telecommunications policy. John Morgan and Teck Ho are actively utilizing behavioral and experimental economics to make advances in understanding strategic decision making. Florian Zettelmeyer is a pioneer in exploring the impact of Internet technology and massive quantities of consumer data on corporate marketing. Jennifer Chatman is a top authority on organizational culture and post merger integration. And David Teece is widely sought expert in the growing field of knowledge management. The list of outstanding scholarly achievements by Haas School faculty is long indeed. Berkeley's business school faculty members have played a strong role in state and federal government affairs. Faculty members who have worked in government in recent years include Michael Katz , who was deputy assistant attorney general for economic analysis in the Antitrust Division of the Department of Justice (2001 - 2002), and former chief economist at the Federal Communications Commission. Carl Shapiro also served as the chief economist for antitrust in the Justice Department; Laura Tyson served as President Clinton's chair of the National Economic Council; and James Wilcox served as the chief economist at the Office of the Comptroller of Currency. David Levine was senior economist on the Council of Economic Advisers, and Tom Campbell was a US Congressman for five terms and a California State Senator for one term. Janet Yellen, former chair of President Clinton's Council of Economic Advisors, is now presidents of the San Francisco Federal Reserve Bank. Accomplishments/Recognition:
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