In sunny, dynamic Los Angeles, the University of Southern California’s Marshall School of Business has its establishment in providing interactive learning in a private educational setting.
The MBA institute which secured the 20th rank nationwide by U.S. News and World Report is poised to give students an edge in contemporary enterprise through an excellent faculty and new core curriculum for 2010-2011.
Marshall’s Centers of Excellence and strong alumni network provide students with the opportunities they need to connect with key players in their chosen industries.
Apart from this, the institute offers students the benefit of its Pacific Rim International Management Education (PRIME) program which focuses on providing with the understanding and working within Asian and Latin American markets.
University of Southern California’s Marshall School of Business With an education from the first national MBA program that requires travel abroad, students are sure to have a leg up in international business.
Admissions and Tuition:
Akin to most of the top ranking business schools, the college judiciously selects its candidates from the pool of applicants. This can be well observed from the statistics provided for the class of 2011:
“Marshall received 2224 applications, of which 22% were accepted. The entering class of 222 students accompanied with them a 3.3 GPA, 690 GMAT, and 61 months, or just over five years, of prior work experience. Students were drawn from an assortment of undergraduate majors like business (30%), humanities and social science (27%), science and engineering (21%), economics (15%), and computer science (7%). As Marshall weighs all parts of the application equally, successful applicants are generally expected to perform well on aspects ranging from GPA to essays.”
The total cost of an MBA program for a student at the University of Southern California’s Marshall School of Business falls under $ 100,000. According to the statistical data, a complete two-year program, tuition and fees come to $98,000. Annual tuition and fees are $49,000, and the recommended annual budget is $71,000. According to institute’s judgment the total estimation of the living expenses come at $22,000 per year, Los Angeles is such a varied housing market that this figure can differ dramatically.
This apart, the institute also provides a helping hand financial aid which is available through both Stafford and private loans. All applicants are considered for merit-based scholarships; while the admissions office may choose to award up to a full tuition scholarship, the average grant for 2009-2010 was $30,154. Dean’s Scholarships are awarded to second-year students based on academic and community contributions during their first year.
Academics and Curriculum:
With the new core curriculum implemented from the year 2010-2011, Marshall is poised to meet the diverse needs of cutting-edge business.
Like most of its peers, the institute does not lay emphasis on only education as a method of teaching alone. Its teaching methodology is spread across an interactive coursework, including case studies, team projects, and simulations, provides a dynamic learning environment.
The college follows a systematic schedule over its course curriculum. The course begins with orientation program which lasts for a week. Thereafter, the college has chalked out a short, three-week “super semester.” Post this small stint with the institution, the students get to build essential business skills in the two-term first semester.
Classes are divided into three “cores,” groups designed to promote active teamwork among members; these cores are divided further into small project groups. With assistance from Student Affairs and Career Services, students pick an “industry vertical” to guide elective selection in the second semester and beyond. Spring begins the Pacific Rim International Management Education program, or PRIME; through global economics and strategy coursework, students attack a problem for a specific international company, post which they travel abroad for ten days, presenting their project results on-site. PRIME concentrates on Asian and Latin American markets; for 2010, students will visit cities ranging from São Paulo and Buenos Aires to Hong Kong, Shanghai, and Kyoto.
During the second year, students design their own elective curriculum, often sharing classes with peers from the part-time MBA and the IBEAR accelerated program. Choosing a concentration along with their vertical, students combine an overall discipline with a particular industry focus, tailoring classes to their ultimate career goals. Students may also apply to take up to nine credit hours on graduate classes in the wider USC system.
Marshall offers ten dual-degree programs, ranging from JD/MBA to eclectic combinations as the MBA/DDS and the MBA/MA in Jewish Communal Services. One particularly notable dual degree is the MBA/MA in East Asian Area Studies; combined with PRIME, this program can truly prepare students for a specialized career in the Asian market.
Quality of Life:
The United States’ second most populous city, Los Angeles offers students a pleasant climate which helps them in utilizing the proximity of the cutting-edge national and international enterprise.
Since housing space on campus is limited, graduate students prefer to live off-campus. These students can select their rental costs accordingly by living both near USC, biking or taking the University Tram Service to campus, and far afield, in neighborhoods ranging from Little Tokyo and Koreatown to West Hollywood, Pasadena, and Marina Del Rey.
However, a student choosing to live far away and wishing to drive his or her own car to the campus has to take care of two things. First, the traffic in the city and then the rental pay of course. Located south of the intersection of I-10 and I-110, USC is accessible by car, and parking is available at $60/month for a standard off-campus permit.
Along with the course curriculum, students can shape themselves in many different areas of life. The college offers many on-campus events from USC sports at Galen Center to performances at Bovard Auditorium. This includes city amenities like the Natural History Museum of Los Angeles County and the Los Angeles Memorial Coliseum.
Also, candidates can benefit from a wide variety of activities and over 30 clubs. With events ranging from networking socials with alumni and executives, industry nights, guest speakers, and the Thursday Night Mixer, students have the opportunity to increase their contacts and hone their skills. In particular, students can network within local industry, including fashion, international trade, technology, film, and television. Marshall even sponsors the Southern California Business Film Festival, in which students produce and submit short films related to business. This apart, clubs ranging from Marshall Net Impact and the South Asian Business Association to the Golf Association and the Art Society of Marshall offer the opportunity for leadership and competition in both professional and social settings. However, challenge for Charity lets students volunteer locally.
For the class of 2009, the college offered job securities to 80% of graduates seeking employment who had accepted an offer by 3 months after graduation. School activities stemmed out 74% of offers; meanwhile students themselves managed a quota of 20%. A total of 312 companies recruited on-campus; top recruiters were Cisco and Toyota.
Category wise the placements were in the following order: (1) Marketing/sales (37%), (2) Finance/accounting (23%), (3) Consulting (19%), (4) Entertainment (10%).
The mean starting salary was $93,886 and the mean signing bonus $8,971. The regional employment statistics were as follows: “Out of the total placement, 96% of students were employed in North America while 4% in Asia. Within North America, the West far dominated recruiting, with 85% of students reporting employment there; the only other regional market with significant employment was the Northeast which registered 9% of student jobs.
The institute is associated with MBA Career Services and the Keenan MBA Career Resource Center (CRC) who strive to provide candidates with interview and résumé strategies, career education and advising, and specialized job searches. Students take advantage of the extensive and legendary “Trojan network,” interacting with alumni to best secure their jobs of choice. Notable career development events include career seminars, networking opportunities, the career fair, and the Alumni Mentor Program. Alongside, students also gain from regional visits to key markets, such as San Francisco, the Pacific Northwest, Shanghai, and Hong Kong. Working with specialized CRC advisors known as “vertical leads,” students explore options in their particular field, ensuring successful placement on graduation.
For those who wish to expand their careers in the West, particularly southern California, Marshall is a great match. The PRIME program offers polish in Latin American and Asian business, while close connections with the Trojan alumni network provide excellent networking within local industry. At USC Marshall School of Business, a strong core and individual specialization will surely help the students to lead a better future.
USC Marshall MBA Admissions
630 Childs Way — JKP 2633
Los Angeles, CA 90089-2633
Phone: 213-740-7846 213-740-7846
2009 U.S. News Ranking: 20th
Average GMAT score: 690
Average undergraduate GPA: 3.3
Application fee: $150.
Application deadline: recommended fellowship deadline 1/15, last deadline 3/15
Entering class size: 222
Yearly Tuition and Fees: $49,000 (2009-2010)
Percent of graduates employed 3 months after graduation: 80%
Average starting salary: $93,886
Average signing bonus: $8,971