English | Italian

"UCLA's Business School Hopes..." (Theme) The lastest total: 100+. you can read with page flip.

close
show list
related videos
Coach Buddy Anderson Aims to Break Alabama High School State Record for Wins
South Oldham vs. Anderson County | 9/5/2014 | Football
Jon Anderson - State of Independence - School of Rock House Band St Louis
Brandon Anderson - New Mexico State Camp Video June 2014
Brandon Anderson - Texas State Camp Vidoe June 11 2014
3 bedroom Home for sale near Anderson County High School in Clinton TN
Continue »
Pop theme

Attack Canada,Europe budget,Joko Widodo,Ebola vaccine,Bharatiya Janata Party,Oscar Pistorius,Dilma Rousseff,Jeffrey Fowle,Gough Whitlam,Zellweger

Related theme

“ endowment,school public,peers

UCLA's Business School Hopes Chucking State Funds Will Give It an Edge in the Donation Race


school anderson state

2014-07-02 14:42:11

UCLA’s Anderson School of Management now has the last bit of paperwork it needs to largely get rid of state support. The move will yield more flexibility and, the school hopes, help it raise money as it chases the enviable endowments of some of its peers.

Last week the university provost signed an agreement that chops all public funding from Anderson’s full-time MBA program—a year after the University of California system’s president approved the shift, and almost four years after Anderson’s dean, Judy Olian, first proposed the idea. Anderson can now set its own tuition and faculty salaries. It’s also on the hook for its own financial fortunes. According to a December 2013 review of Anderson by UCLA faculty and outside deans, “the financial success of the school will depend on tuition revenue, gifts from donors to

    No results related

    Add now

cover current expenses, and income from the school’s endowment.”

Five other degree programs at Anderson already support themselves. Only the school’s Ph.D. program and its undergraduate minor in accounting will continue to get state funds.

Public support for the Anderson school had dwindled to 6 percent net of tuition, Jami Jesek, the school’s chief administrative officer for finance and operations, told Bloomberg Businessweekin May.

Despite the thin trickle of state funds, Anderson’s fundraising efforts had been hurt by the perception that the school didn’t need the money, Jesek said. “Some potential donors might wonder why they should give money to a school that is state-supported.” The school reached the counterintuitive conclusion that nothing was better than just a little bit when it came to state support. “Zero is a very easy number for people to understand,” she said.

UCLA launched a five-year, $4.2 billion fundraising drive in May, with a goal of sending $175 million to Anderson. Jesek said Anderson donors pledged $19 million that was contingent on the school moving to support itself. “We’re catching up with a culture of philanthropy,” she said.

But the game of catch-up may be daunting. The outside review of the school put its 2012 endowment level far behind B-schools such as UC Berkeley’s Haas School of Business, University of Texas at Austin’s McCombs School of Business, and Virginia’s Darden School of Business. Anderson’s endowment is currently at $178 million, says Elise Anderson, the school’s director of media relations.

Giving up state funding is rare, but not unprecedented, among business schools that are part of public universities. Darden waived public dollars in 2002. Michigan’s Ross School of Business doesn’t completely forgo public state support, but less than 2 percent of funding comes from the state, Dean Alison Davis-Blake told Bloomberg Businessweeklast year. Those schools saw fundraising increases after they reduced their dependence on parent universities, according to a January 2012 letter (PDF) from David Lopez, then-chair of the UCLA Academic Senate Council on Planning and Budget.

Even if Anderson reaches its $175 million goal during the public campaign, it’s unlikely to build a bigger war chest than its peers, who are expected to keep raising money, according to the 2013 review. “It does not seem likely that the endowment will grow to such an extent that it will afford the school a competitive advantage over its public peers in the foreseeable future.”

View Original Article: businessweek.com
Disclaimer statement: The point of this article or rights belongs to the authors and publishers. We take no responsibility for the content of this article and legitimacy.
Do you have any questions about this article, please contact the news source businessweek.com.
Or contact us

Share

Write an article relevant this topic share on facebook share on twitter share on google plus share on oknews share on linkedin share on digg share on reddit share on newsvine share on pinterest share on netlog share on tumblr share on delicious send email print add to favorite

"UCLA's Business School Hopes..." IN THE COMMUNITY!

Facebook
    Twitter

      PHOTO

        No results related
      Share one Sentence

      Manage my submission

      [{"b":"d","i":"954746","t":"Malaysia Jan-July tourist arrival grows 9.7%","a":1},{"b":"d","i":"954747","t":"Indian and Saudi navies to conduct joint exercises today","a":2},{"b":"b","i":"1266438","t":"Early voting begins in North Carolina | News - WCTI NewsChannel 12","a":3},{"b":"b","i":"1266441","t":"12 Angry Jurors wraps up successful run","a":4},{"b":"a","i":"1327936","t":"OPSWAT Introduces IP Scanning in Metascan Online","a":5},{"b":"b","i":"1266401","t":"Sentry Depressurization Systems and Prolec GE Team up to Help Prevent Transformer Fires","a":6},{"b":"b","i":"1266413","t":"Carol Kraft Receives 2014 SuperStars and Innovators Award from Institute for HealthCare Consumerism","a":7},{"b":"b","i":"1266412","t":"SelectAccount Business Partners Receive Awards from the Institute for HealthCare Consumerism","a":8},{"b":"b","i":"1266414","t":"The Crowd Economy Goes Off The Scale, Lighting Fires Across The World","a":9},{"b":"b","i":"1266381","t":"Early voting starts today, runs through Nov. 1","a":10},{"b":"b","i":"1266352","t":"Chairman and CEO of Crown Equipment Corporation to Speak With Husson University Students","a":11},{"b":"b","i":"1266355","t":"5 non-traditional hiring tips for InfoSec","a":12},{"b":"a","i":"1327888","t":"Penang to host country\u2019s largest science fair next month - Yahoo News Malaysia","a":13},{"b":"a","i":"1327895","t":"IntelliCyt Corporation Announces Technology Access Program","a":14},{"b":"d","i":"954649","t":"Hanwell flooded with tributes to Alice Gross","a":15},{"b":"a","i":"1327872","t":"Cliff Castle Casino Hotel Selects Star Tickets","a":16},{"b":"f","i":"1153793","t":"Your Top Plays for Today","a":17},{"b":"a","i":"1327861","t":"Northeast Delta Human Services Authority and University Health Conway Work Together to Increase Regional Psychiatric Inpatient Capacity","a":18},{"b":"a","i":"1327836","t":"Brad Scott speaker for TD Club today","a":19},{"b":"a","i":"1327803","t":"UPI Almanac for Thursday, Oct. 23, 2014","a":20},{"b":"a","i":"1327807","t":"Three charged with bid to support IS","a":21},{"b":"a","i":"1327814","t":"3 charged with attempting to support Isis \u2013 Bernama - Yahoo News Malaysia","a":22},{"b":"d","i":"954583","t":"Ceres aims for sweep vs Army today","a":23},{"b":"c","i":"1880308","t":"French Survey Signals Slump for Economy Stuck in \u2018Reverse Gear\u2019","a":24},{"b":"c","i":"1880311","t":"Gecina Sees Higher Annual Recurring Profit on Debt Costs","a":25},{"b":"b","i":"1266272","t":"Subscriber Services","a":26},{"b":"a","i":"1327788","t":"ForeverGreen Worldwide Corporation Opens Office in India - Yahoo India Finance","a":27},{"b":"a","i":"1327791","t":"Abe Minister Says Aide Spent Funds in Bondage Bar, Reports Say","a":28},{"b":"d","i":"954569","t":"Bloomberg: Gazprom declines as gas supply deal with Ukraine delayed","a":29},{"b":"d","i":"954575","t":"Florida treated to partial solar eclipse today","a":30},{"b":"b","i":"1266260","t":"CheckAlt Launches New LoanPay API to Help Financial Institutions Speed Loan, Mortgage and Credit Card Payments from Customers","a":31},{"b":"e","i":"528296","t":"Celebrity birthdays: Ryan Reynolds turns 38","a":32},{"b":"b","i":"1266281","t":"Looking Back","a":33},{"b":"b","i":"1266282","t":"Zahida Rafik\u2019s driver charged with CBT - Yahoo News Malaysia","a":34},{"b":"d","i":"954555","t":"Heidelberg Instruments and GenISys Announce Cooperation on Maskless Laser Lithography","a":35},{"b":"d","i":"954556","t":"Ebola outbreak: US, UK have asked Australia to send medical teams to fight Ebola, DFAT officials say","a":36},{"b":"d","i":"954557","t":"Credit Suisse Q3 profit beats forecast","a":37},{"b":"d","i":"954559","t":"Deutsche Telekom Makes a Long-Term Commitment to SAS, Anite's Interoperability Test Solution","a":38},{"b":"b","i":"1266292","t":"IPsoft introduces European executives to Amelia during Gartner\u2019s EMEA \n Symposium in Barcelona November 9-12","a":39},{"b":"b","i":"1266231","t":"John Rudge at 70: Stoke finally get their man at third attempt","a":40},{"b":"b","i":"1266230","t":"Music Superstar Toni Branxton To Be Honored At 24th Annual NAACP Theatre Awards","a":41},{"b":"b","i":"1266217","t":"New Jersey Hills Media Group","a":42},{"b":"b","i":"1266218","t":"Allview Launches Mini Version of X2 Soul, Smartphone That Features a Slim Design, Nearly 5 mm","a":43},{"b":"a","i":"1327780","t":"Opinion: Student debt isn't all that bad","a":44},{"b":"a","i":"1327754","t":"Locust sightings no cause for alarm","a":45},{"b":"a","i":"1327742","t":"Men asked to protect women from violence","a":46},{"b":"f","i":"1153796","t":"San Diego at Denver","a":47},{"b":"b","i":"1266194","t":"The digital worker's guide to doing business on the go","a":48},{"b":"a","i":"1327697","t":"Water Tower Festival, 10K on tap","a":49},{"b":"d","i":"954479","t":"PM Modi visits Siachen, meets soldiers on Diwali","a":50},{"b":"d","i":"954489","t":"Our Membership Solutions","a":51},{"b":"a","i":"1327702","t":"shopkick Expands into First International Market; Five of Germany's Largest Retailers Launch Nationwide Programs on Day One\r\n\t\t\t\t\t\t\t\t\t\t\tStrong Ties to Asian and European Markets Position shopkick for Further International Growth","a":52},{"b":"b","i":"1266174","t":"Centerbridge Inks Debt Rescue Deal With Driller Boart Longyear","a":53},{"b":"a","i":"1327661","t":"Is J Sainsbury plc Set To Slice The Dividend? - Yahoo Finance UK","a":54},{"b":"a","i":"1327668","t":"Artists compete for prizes - News - Examiner - Independence, MO","a":55},{"b":"a","i":"1327672","t":"Oldest Homo sapiens DNA contains traces of Neanderthal genes, suggests migration into Asia 60,000 years ago","a":56},{"b":"a","i":"1327678","t":"A Day To Reflect","a":57},{"b":"c","i":"1880252","t":"Featured Stories","a":58},{"b":"a","i":"1327649","t":"Nokia appoints Sean Fernback to head HERE and as member of the Nokia Group Leadership Team - Yahoo India Finance","a":59},{"b":"a","i":"1327658","t":"Nokia Corporation Interim Report for Q3 2014 and January-September 2014 - Yahoo Finance Canada","a":60},{"b":"d","i":"954448","t":"Malik Riaz offers compensation for Edhi\u2019s loss","a":61},{"b":"d","i":"954449","t":"Indian forces restore firing into Pakistani territory","a":62},{"b":"a","i":"1327613","t":"GrowthWorks Canadian Fund Ltd. Provides Update on CCAA Proceedings","a":63},{"b":"a","i":"1327596","t":"Make use of older workers - Charles","a":64},{"b":"d","i":"954435","t":"Lawmakers pass lower mandatory school-age bill","a":65},{"b":"d","i":"954440","t":"U2 album stumbles in Billboard chart after free iTunes debut","a":66},{"b":"d","i":"954444","t":"Mexico says mayor, wife were behind student-teacher disappearances","a":67},{"b":"b","i":"1266086","t":"Horsham couple suspects in armed robbery","a":68},{"b":"b","i":"1266096","t":"Police put brakes on Gold Coast heroin supply with alleged traffickers’ arrests","a":69},{"b":"a","i":"1327577","t":"Daimler Profit Beats Estimates as Mercedes Sales Expand","a":70},{"b":"a","i":"1327578","t":"SEB Third-Quarter Profit Beats Estimates as Lending Income Gains","a":71},{"b":"a","i":"1327587","t":"CIMB shares drop after EPF stake cut report","a":72},{"b":"f","i":"1153773","t":"Today's NFL tight ends stronger, better than predecessors","a":73},{"b":"b","i":"1266063","t":"Hastings Adds to Its Investment Team in North America and Europe - Yahoo Finance UK","a":74},{"b":"b","i":"1266055","t":"Blogger Leah Selakovic Supports Non-Profit Organization 'Dress for Success'","a":75},{"b":"b","i":"1266048","t":"Featured Brokers","a":76},{"b":"c","i":"1880168","t":"Pernod Ricard Forecasts Improving Sales Growth This Year","a":77},{"b":"a","i":"1327518","t":"Major players push Hamilton to 228c\/kg - Agriculture - Livestock - Sales Reports - Stock & Land","a":78},{"b":"a","i":"1327507","t":"Subscriber Services","a":79},{"b":"a","i":"1327452","t":"China's Rapid Transit Vehicles to Serve Boston\r\n\t\t\t\t\t\t\t\t\t\t\tUS' Boston Purchased 284 Rapid Transit Vehicles from China CNR","a":80},{"b":"b","i":"1265996","t":"Early voting starts today, runs through Nov. 1","a":81},{"b":"c","i":"1880126","t":"Credit Suisse Profit More Than Doubles as Trading Rises","a":82},{"b":"f","i":"1153752","t":"San Francisco 49ers: Scenarios Required for Each Playoff Slot","a":83},{"b":"c","i":"1880108","t":"Missing Plane: Emirates Head Critical of MH 370 Investigation","a":84},{"b":"c","i":"1880094","t":"The London Beer Flood and Other Strange Ways to Die","a":85},{"b":"b","i":"1265917","t":"Dassault Syst\u00e8mes Reports Solid Third Quarter Led by Large Accounts Industry Solutions Engagements - Yahoo Finance Canada","a":86},{"b":"b","i":"1265885","t":"Group Gifting Experience GiftStarter Announces Partnership with Beauty Brand, butter London®","a":87},{"b":"b","i":"1265857","t":"Auckland Airport's duty free retailers told to drop the hard sell - Yahoo Finance New Zealand","a":88},{"b":"b","i":"1265861","t":"Newly-private BMC gets cloud\/social\/mainframe (!) religion","a":89},{"b":"f","i":"1153720","t":"Niles Johnson, 76; service today","a":90},{"b":"f","i":"1153687","t":"Quotes and video: Seahawks cornerback Richard Sherman","a":91},{"b":"c","i":"1879965","t":"Poll: GOP's Gardner Surges in Colorado Senate Race","a":92},{"b":"c","i":"1879929","t":"CICC\u2019s Chairman Jin Liqun Resigns, Replaced by Ding","a":93},{"b":"c","i":"1879908","t":"NFL Commissioner Must Testify in Ray Rice Appeal, USA Today Says","a":94},{"b":"f","i":"1153636","t":"Thursday, October 23","a":95},{"b":"e","i":"528227","t":"Congress Will Scramble To Pass Crucial Defense Legislation After Midterm Elections","a":96},{"b":"e","i":"528221","t":"When Taylor Swift's 'Out of the Woods' meets 'Circle of Life,' everything makes sense","a":97},{"b":"d","i":"954289","t":"Libya's national army moves towards retaking Benghazi","a":98},{"b":"d","i":"954265","t":"Tlokwe election case postponed","a":99},{"b":"d","i":"954276","t":"MPs express security concerns after gunfire on Parliament Hill","a":100}]

      100

      Malaysia Jan-July tourist arrival grows 9.7%