Southern California Wild Fires Cause UCLA Anderson Campus Closure
As wildfires rage in Southern California, UCLA Anderson School of Management has been forced to cancel classes for the past two days. The Skirball Fire, named for the Skirball Cultural Center near where the fire is believed to have originated, broke out early Wednesday morning. It also caused the closure of the famed Getty Center and Museum. The fire is just one of four blazes currently burning in areas around Los Angeles as powerful Santa Ana winds combine dangerously with extremely dry conditions.
All classes since yesterday, December 6, were cancelled across the entire UCLA campus, including at the business school. While the campus itself was reported to be safe, difficult traffic conditions related to the fire prevented many students, faculty, and staff from reaching the school, leading to the decision to cancel classes. The fire caused a complete closure of the 405 Freeway, a main artery in the congested Los Angeles region.
The official UCLA twitter account announced today’s cancellations late last night:
UCLA cancels all Thursday classes given the uncertainties caused by the fire near campus. https://t.co/fT8T32lGsk
— UCLA Newsroom (@UCLAnewsroom) December 7, 2017
For periods Wednesday, UCLA was forced to operate on internal power only, required that power be cut to non-essential buildings. The UCLA Department of Recreation also cancelled all outdoor recreation for the remainder of the day and recommended that members of the community avoid outdoor activity and strenuous indoor activity due to air quality concerns.
USC Marshall School of Business, located 13 miles east of UCLA closer to downtown Los Angeles, was unaffected by the blaze, though it retweeted a message of support from the larger University of Southern California for any students affected by the wildfires and encouraging affected students and their families to take advantage of student counseling services.
Stay tuned to MetroMBA and Clear Admit for more updates on the wildfire as it is revealed.
This article has been edited, updated, and republished on our sister site, Clear Admit.
Getting Paid: Highest MBA Salaries in Los Angeles
The transmissions Los Angeles sends back out into the ether are those culled from the desires of its inhabitants but also from the people who romanticize it from the outside. As Joan Didion once wrote, “The city burning is Los Angeles’s deepest image of itself.”
Los Angeles is, admittedly, polarizing. While some may find the not-so-authentic atmosphere of Hollywood to be a downtrodden, morose landscape, the city’s expansive diversity and subtle natural wonder is enthralling in its own right. In a way, it feels alien and utterly familiar all at once.
It’s this kind of uncertainty that makes Los Angeles an ideal place to pursue a business degree for a prospective MBA open to a bit of ambiguity. While Silicon Valley up north has traditionally been romanticized as a place where we can re-write the rules, LA has been catching up recently—and fast. Los Angeles has embraced the tech boom in a big way, with many Valley bigwigs and new startups alike moving their operations to Silicon Beach on the West Side. With that in mind, the new era of LA innovation is creating some lofty starting salaries, particularly for MBA graduates.
The Highest Los Angeles MBA Salaries
UCLA Anderson School of Management
Recent UCLA Anderson graduates earned an average starting salary of $121,250 with a $25,000 signing bonus, according to statistics released by the school. Over 92 percent of Anderson MBAs received job offers within three months of graduation. The top five industries to employ Anderson MBAs are in tech (30.6 percent); financial services (21.6 percent); consumer products (13.4 percent); and consulting services (13.4 percent). Top employers for Anderson graduates include: Amazon, Deloitte, Bank of America Merrill Lynch, Google, Microsoft, Adobe, Amgen, BCG, EY, Mattel, McKinsey & Company, Nike, PwC, Apple, AT&T, Autodesk, Citigroup, Credit Suisse, Epson, Goldman Sachs, Intel, Sony Pictures Entertainment, and Disney, among others
UC Irvine Merage School of Business
MBA graduates from the UC Irivine Paul Merage School of Business posted record employment numbers for the school. Over 90 percent of recent MBAs received job offers within three months of graduation. The most popular industries to attract Merage graduates were in technology (33 percent), finance (31 percent), consulting (24 percent), and marketing/sales (27 percent). Merage graduates with tech industry positions earned starting salaries of $105,000; consulting, $100,000; consumer products, $85,000; and financial services, $100,000. Top employers included: Amazon, AT&T, Bank of America, Cisco, Dell, Deloitte, Gap, Hulu, Hyundai, IBM, Mattel, NBC Universal, Taco Bell, Twitter, and Volcom.
USC Marshall School of Business
According to employment statistics surveying the most recent USC Marshall School of Business MBA class, the average starting salary for Marshall graduates is $115,309 with a $23,431 signing bonus. The top three industries that employ Marshall graduates are within consulting (34 percent), where MBAs start at $132,000; marketing/sales (27 percent), where MBAs start at $99,497; and financial services (18 percent), where MBAs start at $112,087. Top employers of Marshall’s 2016 class include: Adobe, AT&T, Apple, Citigroup, Deloitte, Disney, Facebook, Film Roman, Google, Hewlett-Packard, Intel, Morgan Stanley, Johnson & Johnson, Samsung, Taco Bell, Warner Bros, Starbucks, PwC, Sony Pictures, Nestle, and PepsiCo, among others.
USC Marshall grad salaries, broken down by industry.
Pepperdine Graziadio School of Business and Management
Pepperdine Graziadio School of Business and Management graduates earned an average starting salary of $120,000, according to school statistics. Around 82 percent of Graziadio MBAs accepted job offers within three months of graduation.
Financial services, entertainment, technology, and consulting were the top industries to employ Graziadio MBAs.
For more information on the best Los Angeles MBA programs, check out our guide to the city. As well, learn more about which LA schools do not require GMAT or GRE scores here.
UCLA Anderson Professor Published In Wall Street Journal
Shlomo Benartzi, a professor at UCLA’s Anderson School of Management, recently wrote a piece for the European edition of The Wall Street Journal that explained a phenomenon called “narrow framing,” which often prevents investors from attaining success.
Top Entrepreneurship MBAs in Los Angeles
Famed architect Frank Lloyd Wright famously said, “Tip the world over on its side and everything loose will land in Los Angeles.”
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Summer Reading: 10 Essential Books for Entrepreneurs
It seems like not a day goes by without your social media feed being peppered with posts of the “I hate my boss/job” variety. If not posts from friends, then it’s a clickbait story about someone who never considered going into business for him or herself and then doing just that.
If the success of Gimlet Media’s StartUp podcast and last year’s Christmas hit Joy starring Jennifer Lawrence as Miracle Mop tycoon Joy Mangano are any indication, folks are feeling cramped, boxed-in, suffocated, and you-name-it by the rigid demands of 9-5 corporate culture and are actively seeking alternatives.
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Profile: UCLA Anderson School Alum and Hulu CEO Mike Hopkins
The omnipresence of video on demand is easy to take for granted. It can be difficult for some of us to recall a time before there were countless forms of digital media available at our fingertips.
UCLA Anderson School of Management alum and Hulu CEO Michael Hopkins (MBA, 2001), is among the leaders in this ever expanding world. Under his leadership the company has become a top competitor in the on-demand media market.
