January 24, 2003

Los Angeles — For the second consecutive year, UCLA Anderson was named 1st in Entrepreneurship worldwide by the Financial Times in its fifth-annual survey of full-time MBA programs, published on Monday, Jan. 20. Overall, UCLA Anderson ranked 20th among business schools worldwide and 16th among schools in the United States. Additionally, Anderson ranked 3rd worldwide in Top Salaries in Industry.

Dean Bruce Willison said UCLA Anderson's efforts in entrepreneurship capitalize on integrating the faculty's strengths in core disciplines such as finance, marketing, operations and technology management, global economics and management and human resources.

"The success of the Harold Price Center for Entrepreneurial Studies is a reflection of the high caliber of the school's teaching, research and experiential programs across disciplines," said Dean Willison.

The Price Center for Entrepreneurial Studies is a recognized leader in entrepreneurial education and research, and oversees all teaching, scholarship, extracurricular and community activities related to entrepreneurship at The Anderson School. The Price Center has worked to integrate entrepreneurial activities across academic disciplines, as well to make entrepreneurial topics, studies and issues part of the school's overall curriculum, said Dr. Alfred E. Osborne, Jr., director of the Price Center and associate professor of global economics and management.

"The Price Center provides a set of academic and extracurricular experiences that advance both the theory and practice of entrepreneurship, while preparing MBA students for the challenge of management in entrepreneurial environments," said Dr. Osborne.

Beyond serving as a leading institution for training MBA and Ph.D. students, The Anderson School at UCLA is committed to sharing its intellectual capital through an array of non-degree management and leadership programs, including several programs offered by the Price Center for Entrepreneurial Studies and taught by Anderson School faculty:

Management Development for Entrepreneurs (MDE) Program — This program enables entrepreneurs to develop essential management skills and strengthen their ability to build and manage effective and profitable organizations. MDE provides participants with a varied curriculum of lectures, case discussions, applied workshops and business improvement consultation.

Head Start - Johnson & Johnson Management Fellows Program — Since its inception in 1991, the program has trained more than 830 Head Start managers in the latest management techniques. Johnson & Johnson and the Head Start Bureau fund this program, which consists of two two-week intensive training sessions each summer. Head Start is a federally funded comprehensive child development program serving low-income children and their families.

Director Training Program — This program is a two-day intensive director-level education seminar that quickly educates directors and C-level officers regarding SEC regulations, FASB considerations, Nasdaq rules and best practices in governance. The course is intended to reduce the frequency and severity of shareholder complaints and resulting litigation against directors & officers and their firms.

Johnson & Johnson/UCLA Health Care Executive Program — This program provides management training and development for executive directors of community-based health care organizations that offer care for the underprivileged and uninsured. The first session of this program was conducted in July 2002 for 40 executive directors representing 250 sites that serve more than 500,000 patients annually.

Management Development for Early Childhood Educators — This program provides leadership and management training to early childhood educators, enabling them to implement strategic improvements within their organizations. By strengthening agencies that educate young children, we aim to raise the standards of service to children and families nationwide.

About UCLA Anderson School of Management
The Anderson School at UCLA is perennially ranked among the top-tier business schools in the world. Award winning faculty renowned for their research and teaching, highly selective students, successful alumni and world-class facilities combine to provide an extraordinary learning opportunity. Established in 1935, The Anderson School provides management education to more than 1,300 students enrolled in full-time, part-time and executive MBA programs and academic master's and Ph.D. programs. In addition, there are approximately 500 undergraduate students enrolled in Anderson's Undergraduate Accounting Minor Program.

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, decisions, operations and technology management, human resources and organizational behavior, information systems, strategy and policy.

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

Media Relations