UCLA announced this week that its MBA program (Anderson) will finally make the transition to a self-supporting program. In an email, Judy Olian, Dean of UCLA Anderson, writes about some of the benefits associated with this upcoming change:
The tuition setting process will become more predictable, faculty assignment to the MBA program more flexible, and the school will receive all MBA tuition. The university at large will retain all state support that had been allocated to Anderson, with the exception of a small amount of state support for the Anderson doctoral and undergraduate accounting minor programs. In every other respect, UCLA Anderson remains a part of UCLA exactly as before. We see this change benefiting both the university and UCLA Anderson, a creative strategy in response to declining funding from the state.
Many consider the decision of UCLA President Mark Yudof a surprise considering the fact that nine months ago the plan was suspended.
Anderson will be the sixth masters program at UCLA to make the move to self-sufficiency, following a Master’s in Financial Engineering, three executive MBAs, and a part-time MBA.
For more details, please see the UCLA Newsroom press release, “UC president approves UCLA Anderson’s proposal for self-supporting M.B.A. program” and the Businessweek article, “UCLA Wins Right to Take MBA Program Private.”