October 06, 2003

Los Angeles — UCLA Anderson School of Management was featured in two recent business school surveys conducted by Forbes and BusinessWeek. The focus of these surveys was on the career progression of alumni five and 10 years after they received their MBA degree. Below are highlights from both surveys.

BusinessWeek's Survey of 1992 Alumni

Proving the value and worth of a UCLA Anderson MBA, in a recent BusinessWeek survey of 1992 alumni from the Top 30 MBA programs across the country, UCLA Anderson graduates placed third in average salary. The current average salary of 1992 UCLA Anderson alumni is $196,269, while the average bonus is $214,200, for total compensation averaging $410,469. When combining salary and bonus figures, UCLA Anderson alumni place in the top 10 among peer business schools.

According to BusinessWeek, "rather than a ranking, the [survey] effort yields a portrait of the MBA's value as seen through the eyes of a group that graduated at a time when a business degree had become highly desirable. So what does that group have to say? That the MBA is worth a lot."

In conducting the survey, "BusinessWeek set out to assess the impact of an MBA on grads who have had more than 10 years to test-drive their skills. The survey ... quantifies a mosaic of information, including averages, anecdotes, and interviews with dozens of survey respondents, B-school deans, corporate recruiters, and other experts."

For more specifics, please refer to the BusinessWeek issue dated September 22, 2003, or see the content online at http://www.businessweek.com (you must be a subscriber to gain access to their content).

Forbes 2003 Business School Survey

The Forbes 2003 Business School Survey results place UCLA Anderson 14th overall. This bi-annual survey measures the five-year gain in compensation after graduation, minus the sum of tuition and forgone compensation. This survey ranked the MBA class of 1998 from some 50 business schools.

The Top 15 Business Schools are as follows:

Rank School

1 Harvard
2 Columbia
3 Chicago
4 Dartmouth (Tuck)
5 Yale
6 Pennsylvania (Wharton)
7 Stanford
8 UNC (Kenan-Flagler)
9 Northwestern (Kellogg)
10 Virginia (Darden)
11 Cornell (Johnson)
12 Washington U-St. Louis(Olin)
13 NYU (Stern)
14 UCLA (Anderson)
15 MIT (Sloan)

Other Notables:

16 Texas-Austin (McCombs)
19 Carnegie Mellon
20 Michigan
21 UC Berkeley (Haas)
22 Duke (Fuqua)
24 Georgetown
30 USC

For more details, please refer to the issue of Forbes (dated October 13) or see the content online at http://www.forbes.com/home/2003/09/24/bschooland.html.

About UCLA Anderson School of Management

UCLA Anderson School of Management is perennially ranked among the top-tier business schools in the world. Award-winning faculty renowned for their research and teaching, highly selective admissions, successful alumni and world-class facilities combine to provide an extraordinary learning environment. Established in 1935, UCLA Anderson provides management education to more than 1,400 students enrolled in full-time, part-time and executive MBA programs and doctoral programs.

UCLA Anderson's faculty includes outstanding educators and researchers who share their scholarship and expertise in such fundamental areas as finance, marketing, accounting, business economics, decision sciences, operations and technology management, human resources and organizational behavior, information systems, strategy and policy.

Recognizing that the school offers unparalleled expertise in management education, the world's business community turns to UCLA Anderson School of Management as a center of influence for the ideas, innovations, strategies and talent that will shape the future.

Media Relations