TheBerkeleyMBA - Full-time MBA Program, Haas School of ...

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Haas Student Ambassadors We encourage you to visit the campus and explore the school. We invite you to sit in on classes, attend student activities, and participate in all aspects of the program. The Haas Student Ambassadors, a group of seven current MBA students, will be happy to coordinate your visit. HSA staff will answer your questions regarding the program and student life by phone, e-mail, or in person. HSA holds information sessions at Haas Monday through Friday at 1:00 pm from September through mid-May, school holidays excepted. From June through August, admissions officers hold information sessions on Mondays and Fridays at 1:00 pm. These drop-in sessions last approximately one hour; no pre-registration is required. An admission officer is present at these sessions to answer admissionsrelated questions. Prior to the information session, you can have lunch with a current student. These lunches are held from 12:00-1:00 pm and typically include a quick tour of the building. In addition, HSA can coordinate classroom visits and student escorts. Since classes are not held on Mondays, if you wish to sit in on classes, plan to visit Tuesday through Friday. Days at Haas If you are admitted to the Haas MBA Program, we will send you an invitation to attend one of two Days at Haas weekends for admitted students. Days at Haas will allow you to meet fellow admitted students and the MBA Program staff, take a class with Haas School faculty, and learn about student life on the UC Berkeley campus. Days at Haas I: April 11-13, 2002 Days at Haas II: May 9-11, 2002 Costs and Financial Aid The Haas School makes every effort to ensure that cost is not an issue for its MBA students. Options for financing your education at Haas include loans, scholarships, instructorships, and assistantships. Summary information on these options is provided below and details are available at http://www.haas.berkeley.edu/ MBA/finaid/index.html United States citizens or permanent residents who are not legal residents of California should also plan to establish California residency before the first day of classes, which will eliminate the need to pay nonresident tuition during the second year of the program. Educational Costs Each year the Financial Aid Office (FAO) estimates the average costs for a graduate student during the nine months of the academic year. This FAO Cost of Education budget is the basis for determining financial aid eligibility and private loan borrowing limits. You may use the chart, which shows this average for 2001-2002, to estimate your budget for two semesters of study. Because these official figures are averaged for all UC Berkeley students, actual costs, especially housing costs, may be much higher. Computer Costs and Fees The Haas School requires all entering students to have access to their own computer, preferably a portable computer, either through personal ownership, rental, or shared arrangement with other students. Various manufacturers offer students substantial discounts at the Scholar’s Workstation, the campus computer store, where the average cost for a computer and required software is under $2,500. Their web site is http://tsw.berkeley.edu. The Haas School Computer Center offers a range of computer services, including laser printing and Internet access. Certain services, such as e-mail, computer use during off-peak hours, and the use of dot-matrix printers, are free. Other services, such as computer use during peak hours and the use of laser printers and fax machines, require payment. The annual fee for optional services is $150, which includes $5 print credit to begin with; once you deplete this credit, you will be responsible for depositing additional credit into your account. California Residency In many cases, domestic students qualify for legal residence in California by their second year of graduate school, thereby significantly reducing their fees (by $10,704 in 2001-2002). International students cannot establish California residency and should expect to pay nonresident tuition for each semester of graduate study. Further information on residency can be found at http://registrar.berkeley.edu:4202/Res.html Fees and Expenses for International Students As an international applicant, available financial resources are extremely limited. These limited funds necessitate adequate financial planning on your part prior to enrolling as Haas is unable to fully fund any student for the cost of her/his education. International students can apply for private loans only with a U.S. citizen or U.S. permanent resident as a credit- worthy co-borrower. For private loan options, refer to http://www.haas. berkeley.edu/MBA/finaid/prvtmba.html The estimated total expenses for international students for each 9-month period is $38,260. This estimate includes an approximate $21,208 for fees and health insurance for two semesters and an academic year average of $17,052 for basic living expenses, books and other school supplies. These costs may increase significantly each year. Married students should budget an additional $7,000 for their spouse and $5,000 for each child. American embassies and consulates will not grant a visa without proof of adequate funding for the first year and probable support for subsequent years. Opportunities for employment are severely limited. If you are holding a non-immigrant visa you should not expect to be employed in a non-academic position during your first two semesters. Since spouses on F-2 visas are not permitted to accept employment, if your accompanying spouse wishes to work both of you should consider entering the country on J visas. For further information on services available to international students at UC Berkeley, refer to http://ias.berkeley.edu/siss/. The Financial Aid Application Process Financial aid, mostly in the form of loans, is available for MBA students who are citizens or permanent residents of the United States. To apply for need-based and non-need-based federal loans, file the Free Application for Federal Student Aid (FAFSA) by the UC Berkeley priority deadline of March 1, 2002. However, you cannot file the FAFSA before January 1, 2002. The Federal Processor will electronically transmit your application data directly to Berkeley’s Financial Aid Office. Apply for financial aid before you are admitted to Haas. The UC Berkeley federal school code for the FAFSA is 001312. The FAFSA should be filed online at http://www.fafsa.ed.gov. Berkeley does not require any supplemental forms in addition to the FAFSA, unless you do not pass the database matches or are selected for verification, for which you will receive separate notification. The Graduate and Professional Unit of Berkeley's Financial Aid Office will evaluate applications and mail financial aid offer letters beginning in late April or in May. You must be officially admitted before financial aid can be evaluated and processed. Because of the various database and systems interfaces involved, notification of a financial aid award can take a month or more to generate after you are admitted. 42
2001–2002 Fees and Estimated Cost of Education Financial Aid Office Nine-Month Budget Billed Charges Total Fees (including health insurance for California Residents)* $10,504 Total Fees (including health insurance and Tuition for nonresidents) $21,208 Estimated Living Expenses (Estimated by the Financial Aid Office. Based on nine months.) Housing and Utilities $8,056 Food $3,202 Books and Supplies $2,000 Personal $2,596 Transportation $1,198 Subtotal, Estimated Living Expenses $17,052 Total Estimated Expenses for California Residents $27,556 Total Estimated Expenses for Nonresidents $38,260 *Please note that student health insurance does not include spouse or dependents. That coverage must be purchased separately. Refer to http: //www.uhs.berkeley. edu/Students/insurance/Dependent.htm Note: 2002-2003 registration fees and estimated living expenses are expected to rise. Student Loans Most MBA students finance their education through the Federal Direct Loan Program; up to $18,500 annually may be borrowed. Those students demonstrating financial need, assessed through the FAFSA process, may borrow $8,500 in a Subsidized Direct Loan (no interest charged while the borrower is in school) and $10,000 in an Unsubsidized Direct Loan (interest is charged while the borrower is in school). Those who do not demonstrate financial need can borrow the full $18,500 in an unsubsidized loan. The Direct Loan rate is variable and capped at 8.25 %. It is recalculated every July 1 and is based on the 91- day U.S. Treasury bill. For the 2001-2002 academic year, the interest is 5.39% while in school and 5.99% while in repayment. A 3% loan origination fee is deducted prior to disbursement. Eligibility is determined from the calculated student contribution and cost of education, not credit history. Students wanting to borrow more than $18,500 can utilize the private loan program. This program is also available to an international student who has a credit-worthy U.S. citizen or U.S. permanent resident as a co-borrower. The interest on private loans varies from 6.69% to 8.5% (fall 2001 rates) and a credit check or credit scoring is performed for all applicants. Guarantee fees range from 0% to 12.9% View the options on the following web site: http://www.haas.berkeley.edu/MBA/finaid/prvt mba.html. Scholarships In 2001-2002, the Haas School awarded nearly $1.2 million in scholarships to exceptional domestic and international applicants. All applicants are routinely considered for these scholarships at the time of admission review, and awards are based on exceptional merit and career potential as demonstrated in the application. No separate application form or special request for scholarships is needed. Applicants awarded a Haas Scholarship are notified in writing with the admit letter. Haas Scholarships are one-year awards and are not renewable. Instructorships Many graduate student instructorships are available to second-year students in several fields, especially accounting, economics, and communications. You should apply for these in the spring of your first year for consideration in your second year. If you have significant training in a specialized area you may also find employment as a reader or tutor. Refer to this site for more information http://www.haas.berkeley.edu/groups/gsi/. Loan Repayment Assistance Program The Haas Loan Repayment Assistance Program (LRAP) is designed to provide modest financial support to recent graduates of the full-time MBA program employed in the public or nonprofit sectors, where salaries are typically lower than in the private sector. The program assists qualified Haas graduates who might otherwise feel constrained in their choice of employment by the need to repay substantial debt accumulated during their MBA studies at Haas. The Haas LRAP will issue grants to qualified participants reimbursing them for all or a portion of their educational loan payments. To be eligible for the Haas LRAP, an applicant must work more than half-time for a nonprofit organization or an agency of government (local, state or national). In special situations, the program will also assist graduates who are employed by a foreign government, a foreign nonprofit organization, or an international nonprofit organization. Application forms are available to Haas graduates at http://www.haas.berkeley.edu/ MBA/finaid/LRAP.html. Housing and Child Care Berkeley graduate students live in both university and community housing. Housing in the Berkeley community is expensive and in short supply. You should plan ahead to ensure that you will have a place to live before classes begin. Do not wait for notice of admission to apply for university housing. On your housing application, include your status as a prospective graduate student, the semester you plan to enter Berkeley, your marital status, and your mailing address. Also, indicate what type of housing interests you. There is a nonrefundable application fee of $25 regardless of the outcome of your admission application. University Housing The Manville Apartments consist of 132 small, single studios for law and graduate students. Rents in the 2000–01 academic year ranged from $702 to $761 per month. Single graduate students may also live in the university residence halls, and certain halls are designated for upper division undergraduates and graduate students. (Note: It is very likely that you will be assigned to a double room and will be committed to a contract for the entire academic year.) If you are married and/or have children, you are eligible for apartments in Family Student Housing. During 2000–01, rents in the Smyth- Fernwald complex (within walking distance of Haas) ranged from $583 to $619 for one bedroom, $638 to $700 for two bedrooms, and $725 for three bedrooms. In East Village (located in Albany about 3 miles from campus), rents ranged from $1,029 to $1,175 for two bedrooms, and $1,175 to $1,222 for three bedrooms. There is usually a long waiting list for these low-cost apartments. If you are interested in university housing, request an application from Housing and Dining Services and return it as soon as possible. Applications will be available in January. Community Living Most Haas students live off campus in an apartment or house. Searching for housing in the Bay Area can be a challenge, so plan to spend several days looking for housing in Berkeley and nearby cities. The university’s Community Living Office provides rental listings and counseling for students seeking housing in the community. Rents range from $700 to $1,000 for a studio apartment, $800 to $1,500 for a one-bedroom apartment, and $1,200 and up for a two-bedroom apartment. A room in a shared apartment or house is usually the least expensive type of accommodation, averaging $450 to $800 per month. International House International House (I-House), a residence and program center, houses about 600 students, most of whom are at the graduate level. About half the residents are US citizens; the other half are students from approximately 60 foreign countries. I-House is less than a five-minute walk from Haas, which makes it an attractive housing option. Rates for the 2000–01 academic year are $6,204 and up per person for a double room and $7,409 and up for a single room (meal plan included). Child Care The university offers a child care program which is nationally accredited by the National Academy of Early Childhood Programs. The program offers child care on a space-available basis to children ages 3 months to 7 years old. At least one parent must be a registered UC Berkeley student. As space becomes available, enrollment is extended to families based on gross income. 43
Page 1 and 2: University of California Berkeley H
Page 3 and 4: The Berkeley MBA Program at the Haa
Page 5 and 6: Dean Laura Tyson (top photo, left t
Page 7 and 8: Experience, Leadership, Involvement
Page 9 and 10: stamina to meet the challenges of t
Page 11 and 12: course that sends teams of students
Page 13 and 14: Haas School faculty members are exp
Page 15 and 16: Among the activities of the Lester
Page 17 and 18: of Ideas The Power Haas MBA Curricu
Page 19 and 20: that fits individual needs and inte
Page 21 and 22: of Ideas The Power class prepared.
Page 23 and 24: MBA’s at Berkeley, Michigan, and
Page 25 and 26: Certificate in Health Management Ca
Page 27 and 28: Haas and Columbia Offer Domestic Ex
Page 29 and 30: International Business Development
Page 31 and 32: The Haas Community A business schoo
Page 33 and 34: ence. “I have become considerably
Page 35 and 36: After Haas Haas MBAs are courted by
Page 37 and 38: Companies that Recruit at Haas 20th
Page 39 and 40: l United Kingdom l Germany l France
Page 41 and 42: Admission and Application Guideline
Page 43: egistration (except summers). Forme
Page 47 and 48: Faculty of the Haas School David A.
Page 49 and 50: Mark S. Seasholes. Assistant Profes
Page 51 and 52: 203. Introduction to Finance (3). T
Page 53 and 54: 259. Special Topics in Organization
Page 55 and 56: 291B. Topics in Managerial Communic
Page 57 and 58: Bay Area Map Traveling to the Bay A
Page 59 and 60: Check Out the Haas Web Site The Haa

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