The University of California-Berkeley’s Haas School of Business provides a combination of appealing qualities that is unmatched amongst top business schools. The school’s impressively small class sizes make for a collegiate atmosphere in which students enjoy close access to Berkeley’s topnotch faculty. This apart, it’s the school’s location in the Bay Area allows students to take advantage of tremendous job prospects in nearby Silicon Valley which has its beautiful year-round weather makes the two years of experience memorable for its students. For these and numerous other reasons, Berkeley is considered by most to be one of the ten best business schools in the world, and is a great choice for highly-qualified applicants who want to make a better living for themselves.
Admissions and Tuition:
Just like its’ peers, The University of California- Berkeley (Haas) selects its students carefully. This can be deduced from the statistical history itself.
In 2007, Berkeley Business School’s rate of admission was the second lowest in the nation at the less than 14%. This extremely high level of selectivity at Berkeley is inevitable considering the school’s large applicant pools. The business school typically gets over 3,000 candidates while its’ small entering classes, usually consist of less than 250 seats, clearly depicting the cautiousness and quality of the student intake the business school keeps in mind.
While making decisions in this ultra-competitive admissions process, Berkeley focuses much of its attention on the professional experience and academic aptitude of its applicants. Work experience is predictably a must for successful applicants, as every member of the 2007 entering class had some such experience, and the class on the whole averaged 65 months of work experience. Work experience brings with itself creditability and practical learning experience which indirectly helps the students to empathize and understand the business scenarios in a better way.
That said, Berkeley looks beyond the length and quantity of an applicant’s professional experience, and seeks candidates who have demonstrated an aptitude for progress and leadership in the workplace. Similarly, although Berkeley doubtlessly looks for impressive scores and grades when evaluating candidates, evidenced by the entering class of 2007’s average GMAT score of 710 and average undergraduate GPA of 3.57.Alongside, the school also takes into account the difficulty of the coursework that a candidate has chosen to take on, as well as the competitiveness of the candidate’s undergraduate institution. As such, applicants who display both quantity and quality in their academic and professional experiences are most likely to be called upon for interviews, although, as previously stated, many qualified applicants will unfortunately become casualties of Berkeley’s admissions cycle due to the school’s very small class sizes. Thus, if you consider yourself to be a truly aspiring candidate of The University of California- Berkeley be sure to imbibe within yourself all the qualities desired to be a cutting edge applicant.
Applicant’s fortunate enough to gain admission to Berkeley Business School will be glad to find that the school’s yearly tuition is usually the lowest among the top 10 business schools in the nation, even if by only a few thousand dollars. Additionally, it is a double bargain for the students residing in the state of California who can chance upon the double discount offered to the residents.
California residents, on the other hand, will save a much more sizable amount of money by attending Berkeley instead of other top 10 schools, as Berkeley’s public standing allows it to offer residents of California a lower rate of tuition. For the 2008-2009 academic year, tuition for non-residents at Berkeley is $40,737, while in-state tuition is $31,057.
Academics and Curriculum:
The first-year curriculum of Berkeley Business School is comprised mostly of required core courses, and is built to provide students with a solid academic foundation in preparation for advanced coursework in their second year. Team-based learning methods are heavily involved in these core courses, providing students ample opportunity to meet and collaborate with their fellow classmates as they embark on their business educations.
After passing required core courses, students are free to choose from among almost 100 elective courses in their second year and part of the second semester of their first year as they tailor their MBAs to their specific interests and desires. These elective courses are frequently updated and renovated, thanks to Berkeley’s elective surveys, which allow students to have a say in deciding which electives are outdated, which should be expanded, and which should be introduced. This is one of many ways in which Berkeley students are involved in the decision-making processes of their MBA program, an involvement that allows them to hone their skills in successful collaboration as they prepare to enter a business world in which such skills are essential.
Quality of Life:
Several aspects of Berkeley’s MBA program contribute to the high quality of life enjoyed by the school’s students. The collaboration that is ever-present between students and faculty in Berkeley’s classrooms helps to bring about a friendly atmosphere that spills over into students’ social lives. Also, the school’s policy against grade disclosure effectively rids of cutthroat levels of competition that plague some top business schools.
Berkeley students can partake in numerous social activities with their fellow classmates throughout the academic year, including popular weekly outings at the many bars in and around Berkeley. Living in the San Francisco Bay Area is doubtlessly a huge boost to the quality of life of Berkeley students as well, as they can enjoy beautiful year-round weather in an area that is considered by many to be the best place to live in the country. Furthermore, the many attractions of downtown San Francisco are easily accessible to Berkeley students by way of a short ride on the BART train, ensuring that they never run out of ways to pass their free time during business school. Taking all of this into consideration, it’s safe to say that students of Berkeley business school will enjoy themselves as they pursue their MBA degrees in the Bay Area.
In California and throughout the West, Berkeley MBAs enjoy tremendous employment prospects. Most of the top-tier firms and corporations from this region, namely those in Silicon Valley, actively recruit Berkeley students. Apart from this, a relentless effort is put in place by the business school’s many alumni in the region help students gain access to those firms and corporations who may not recruit as actively. As a result, up to 80% of Berkeley MBAs typically begin their post-business school careers in the West.
While this great concentration of the school’s graduates in and around California continues to boost prospects for future students of the school who wish to work in the area, it may have the opposite effect for the prospects of students who may wish to take their business careers elsewhere. However, even if the student community is unable to explore excellent work opportunity elsewhere, they can be rest assured that their investment in The University of California- Berkeley (Haas) would surely go waste.
In all likelihood, such students will face a tougher job search and less access to firms outside of the West, although of course, the Berkeley MBA will open many doors throughout the country and in many corners of the world. Overall, more than 90% of Berkeley grads are typically employed within three months of graduation, with an average starting salary and bonus that stood at $116,263 for the Class of 2007. Thus, a fruitful MBA course at the Haas University is more likely to bring money making opportunities and surely a better future for the candidate.
With its tremendous location, small class sizes, and great employment prospects on the West Coast, the University of California Berkeley’s Haas School of Business is a great place to invest in an MBA course for a living. . This is especially true for the residents of California who want to pay lower tuition rate and are unable to earn a business education can attend the school at a lower rate of tuition, there may be no better place to earn a business education than The University of California- Berkeley (Haas)
Haas School of Business
430 Student Services Building #1902
Berkeley, CA 94720
2009 U.S. News Ranking: 7th (tied with Dartmouth)
Average GMAT score: 710
Average undergraduate GPA: 3.57
Application fee: $175
Application deadline: 3/12
Entering class size: 250
Yearly Tuition: non-resident: $40,737; resident: $31,057 (2008-2009)
Percent of graduates employed 3 months after graduation: 93%
Average starting salary and bonus: $116,263