Cost of MBA at UCLA: A Detailed Breakdown

The Cost of MBA at UCLA depends on various factors such as Unit, Tuition, Health aid, etc.

The UCLA Anderson School of Management is a part of the University of California, Los Angeles (UCLA), offering various MBA programs, including full-time, part-time, and PhD degrees.

UCLA does not accept or offer admission applications for undergraduate degree holders in business administration.

Below, all necessary information regarding the MBA program, including application requirements and costs, is presented.

Understanding MBA At UCLA

The UCLA Anderson MBA program is globally recognized, ranking among the top 20 MBA programs in the world. UCLA’s MBA program offers a curriculum of around 115 elective courses.

These programs work with a commitment to a bright future for both domestic and international students.

However, before pursuing an MBA at UCLA, it is essential to understand the requirements, costs, and other aspects that we have discussed step by step below.

UCLA MBA Admission Requirements

First, let’s understand the requirements for admission to UCLA. To pursue the Anderson MBA program at the University of California, Los Angeles, one must hold a four-year bachelor’s degree or its equivalent.

The requirements are the same for both domestic and international students, but international students must provide proof of TOEFL or IELTS scores.

Along with this, two recommendation letters and at least one or two years of work experience are required. For the academic year 2024-2025, the UCLA admission program accepted 40% female and 60% male candidates.

Learn also about UCLA Admission Acceptance Rate

Duration of MBA Program At UCLA

Now, let’s learn about the duration of the UCLA MBA program. Typically, a full-time MBA program takes 22 months.

In this 22-month MBA program, students not only complete their educational journey but also gain leadership and various other experiences.

Additionally, they can take part-time work opportunities if they face financial difficulties.

UCLA MBA Programme Fees

Now let’s learn the MBA program fees at UCLA. It is just per unit fee, not the 22-month academic journey fee. The fees are provided below.

Payment	Amount	Due
Intent to Register (ITR) (non-refundable deposit)	$2,000	Upon Admission
Fall Payment (10 units x $1,790 per-unit fee) – ($2,000 ITR)	$15,900	August 20, 2024
Winter Payment (8 units x $1,790 per-unit fee)	$14,320	December 20, 2024
Spring Payment (8 units x $1,790 per-unit fee)	$14,320	March 20, 2025

The total fee per unit MBA program is $46,540. There are other fees associated with MBA academic journey discussed below.

Detailed Cost of MBA at UCLA

Now, let’s move on to the main discussion, which is the cost of the MBA. The cost of the UCLA MBA program is determined based on various factors, which are discussed below.

MBA UCLA Tuition Fees

The first fee for pursuing an MBA at UCLA is the tuition cost. For the academic year 2024-2025, the tuition cost is generally set at $74,618.

Health and Insurance Costs

In addition to tuition, health insurance is required for students.

For the academic year 2024-2025, the cost of a basic health insurance plan is USD 6,308. These costs generally cover medical fees for the student’s 22-month MBA program.

Living Costs

Living costs are usually the highest. Living costs generally depend on room, board, and personal expenses. However, in general, room and board costs are around $28,992.

Along with room and board, personal expenses may cost about $3,243, based on the 2024-2025 academic year.

Educational Materials

The cost of educational materials includes books, textbooks, software, and various other materials, for which USD 2,307 has been set for the 2024-2025 academic year.

Travel Expenses

For the academic year 2024-2025, the budget for travel expenses, such as internships or personal trips, is set at USD 3,850 per student. However, travel costs may vary depending on the travel plan and frequency.

Loan Fees

If educational loans are required to complete the MBA program, the loan fee can go up to USD 2,274. However, this depends on the overall budget.

Total Estimated Cost

When you add everything up, the total estimated cost for the MBA program at UCLA Anderson for the 2024-25 academic year comes to USD 121,591.

However, this cost may vary depending on educational materials, loan fees, travel expenses, etc.

UCLA MBA Fees for International Students

Now, let’s learn about the costs for international students pursuing the UCLA MBA program. Generally, the costs are the same for both domestic and international students.

However, international students may have additional expenses for visas and passports. Except for this, the costs will be the same in all other cases.

When to Pay the MBA Programme Costs?

Regarding when to pay the costs, an initial non-refundable deposit of $2,000 must be made. The remaining costs are typically paid based on academic terms and Fall, Winter, and Spring payments.

How to Pay MBA Costs at UCLA?

There are various methods to pay the costs of the UCLA MBA program. The fees can be paid through the MBA program’s online portal, as well as by bank transfer or check.

UCLA MBA Scholarships

There are scholarship opportunities available in the UCLA Anderson MBA program for students facing financial difficulties or challenges in covering the costs of the MBA program.

Scholarships such as the Fulbright MBA Scholarship, the Laurel Hummel Scholarship, and the Ingrid Skulstad Williams Scholarship for Women are available to eligible students.

These scholarships typically provide financial support for tuition fees, living costs, educational materials, and other expenses.

Understanding Part-Time Jobs with MBA at UCLA

For students facing financial challenges and struggling to cover their education costs, there are opportunities for part-time jobs.

Various part-time jobs are available for MBA students, such as on-campus jobs, internships, and assistantships.

Students who face financial difficulties but are not eligible for scholarships can cover their expenses through part-time jobs. Additionally, this can help them save money.

However, students should prioritize their studies over part-time jobs to ensure the successful completion of their educational journey.