New UCLA Anderson Full-Time MBA Deadlines Announced
The latest UCLA MBA deadlines for the full-time program at the Anderson School of Management have been officially announced, with dates posted below:
UCLA MBA Deadlines 2019-20
Round One
Application Deadline: Oct. 2, 2019
Admissions Decision: Dec. 18, 2019
Round Two
Application Deadline: Jan. 8, 2020
Admissions Decision: March 26, 2020
Round Three
Application Deadline: April 16, 2020
Admissions Decision: May 21, 2020
Learn more about the UCLA Anderson full-time MBA program here.
UCLA Announces John Wooden Global Fellows for 2018, and More – Los Angeles News
Happy Friday!
Before we close out November, let’s look into some of the biggest news from the Los Angeles business school community from the week that was.
UCLA Anderson Announces 2018 John Wooden Global Leadership Fellows – UCLA Anderson News
The UCLA Anderson School of Management just announced the 2018 John Wooden Global Leadership Fellows, a program which, according to Anderson’s website, honors students who exemplify “leadership ideals and a commitment to improving the lives of others.”
The fellowship was named after Naismith Hall of Fame basketball coach John Wooden. Wooden, perhaps the most successful NCAA basketball coach of all-time, won 10 national championships with the UCLA men’s team from 1964 to 1975, coaching up NBA legends like Kareem Abdul-Jabaar and Bill Walton.
The four fellows, Jessica Barnette, Leah Maddock Loh, Gerry Sims, and Ryan Tan, are all currently pursuing MBA degrees at UCLA Anderson.
Barnette, who also received her master’s of public health at UCLA, is currently Director of Operations at WellStart Health, an organization that offers innovative methods to reduce chronic disease. Leah Maddock Loh also attended UCLA for her master of public health degree, and her current work focuses upon reproductive education with Kaiser Permanente.
Gerry Sims, a U.S. Marine veteran, received an undergraduate degree in management from Purdue University before deciding to join the military. He was deployed in Afghanistan twice, serving as an intelligence officer. Sims recently worked with Google’s small business division where he focused on increasing diversity. He works to raise money for the Special Operations Warrior Foundation, which provides assistance to families of veterans and the vets themselves as they re-enter civilian life.
Ryan Tan has also integrated his military service into his MBA and his career. A member of the armed services in Singapore, Tan is pursuing his EMBA at UCLA in conjunction with coursework at the National University of Singapore. He brings the values he learned from his extensive military service to his role as head of mergers and acquisitions at StarHub Ltd., one of Singapore’s largest telecommunications companies.
You can learn more about the John Wooden Global Leadership Fellows here, which will also featured a moderated discussion with celebrated Anderson alum and YouTube figurehead Susan Wojcicki.
LMU LA Hosts talk on Investment in Research Science – Loyola Marymount University LA News
Entrepreneur Jim Demetriades (LMU LA ’85), the founder of Kairos Ventures, returned to Loyola Marymount Los Angeles, discussing the importance of private funding for scientific research. Sponsored by the Fred Kiesner Center for Entrepreneurship, Demetriades’ talk was entitled “How Science Will Change the World in the Next Five Years.”
In the aftermath of several recent events, such as natural disasters and the cuts in research funding by the U.S., Demetriades believes that privatization of such funding is the wave of the future. With a background that combines computer science, mathematics, and economics, Demetriades formed his own software company which led to the formation of Kairos.
His goal is to “turn scientific breakthroughs into successful businesses.” Among his recent projects is raising $50 million for research at Caltech. He foresees innovative developments in various industries, such as wireless devices that can charge from up to 20 feet away, and artificial insect pheromones meant to increase crop efficiency.
You can learn more about the school’s investment in research here.
Banking on Success: A Look at Careers in the Banking Industry with CommerceWest CEO Ivo Tjan ’99 – Mihaylo College of Business
Ivo Tjan, (Mihaylo ’99) recently shared his insight with current Mihaylo College of Business MBAs into why the banking industry is an increasingly worthwhile as a career venture.
Tjan, who became a CEO at the incredibly young age of 27, had just received his undergrad degree when he earned the job. With a niche at CommerceWest that provides commercial services for companies with revenues between $5 million and $100 million, Tjan is a leader in providing services to small to medium sized companies.
“There are not many people going into banking because it is unsexy.” Tjan says. “But the unsexy part is the entry into the opportunities you will have. There is a huge vacuum for young people to take new roles and responsibilities that will create good value for them … [with a banking career] you get to meet many entrepreneurs and business owners who are starting off, on their way to becoming multi-million dollar successes.”
The talk focused also upon the importance of mentorship at Cal State Fullerton. “When I wanted to apply the real-world fundamentals to [my mentor’s] teachings, they were always open to discussing and talking about it, which helped me accelerate my understanding,” he says.
You can read more about Tjan’s recent discussion at his alma mater here.
LA Small Business Growth, UCLA Time Management Advice, and More
Take a look at some of the top stories coming out of the Los Angeles business schools this week.
The Growing Role of the CIO – Wall Street Journal
Vijay Gurbaxani, professor of business and computer science at the the Paul Merage School of Business at the University of California, Irvine, recently sat down with Ben Fried, CIO at Google Inc., and the Wall Street Journal for a conversation on the changing role of the CIO in today’s companies. The conversation was led by Nikki Waller, WSJ bureau chief.
Gurbaxani discussed changing technology and its impact on business, particularly the importance of cultivating talent in machine learning. For companies to stay current and competitive, he says, they must perfect the art of gathering data and putting it to good use.
“If you fall behind your competitors in developing this new know-how and leveraging, you’re going to fall further and further behind,” Gurbaxani said. “So my message to you would be get out there in a hurry.”
To read more excerpts from the interview, click here.
Study: L.A.’s Small Businesses Optimistic About Growth – Los Angeles Business Journal
A recent survey, conducted by 1st Century Bank in a partnership with Beacon Economics, has showed positive signs for LA small business growth, which is projected to continue through the end of the summer.
The study, which surveyed 150 small businesses in 30 core industries, reported a number of findings that offer hope and a positive outlook for small business owners in Los Angeles. About 78 percent of businesses reported that they expected to see an increase in market demand, while 54 percent witnessed an increase in profit margins over the past six months. Nearly 56 percent of the businesses reported a boost in sales during that same period, and over 70 percent expected to see further increase during the next six months.
More than 70 percent of small business owners in LA are expecting even more growth within the next six month.
According to Beacon Economics research director Adam Fowler, small businesses are a crucial part of the Los Angeles economy and throughout the nation.
“If we don’t understand small-business sentiment,” he comments, “we can’t know the direction this important sector will be heading in … nor can we improve conditions for their success.”
Click here to learn more about the LA small business growth research and look at the complete report here.
Time Management for Startups: Entrepreneurs Act as if Future Hours Aren’t Worth Much – UCLA Anderson Review
While larger companies have become increasingly aware about the importance of time management in a hyper efficient work environment, the same may not be true for entrepreneurs. Upstarts in the business world are as notorious for breaking certain conventions as they are for cutting their teeth, putting in triple-digit hour work weeks to build companies from scratch. And the reason being, says UCLA Anderson‘s Charles J. Corbett, is that there isn’t enough research quite yet.
“I realized there wasn’t much out there,” Corbett said in a UCLA Anderson Review interview. “A lot of the issues that entrepreneurs face don’t come up in our core management studies.”
Alongside fellow UCLA Anderson and INSEAD professor Guillaume Roels, and University College London’s Onesun Steve Yoo, Corbett found that entrepreneurs have to think of time management in the terms of their future, rather than today. And the trick is to understand “net present value (NPV).”
“But, according to Corbett, Roels and Yoo, people, including entrepreneurs, aren’t very good at thinking about their time in the same way. When people think about the value of their time, they tend to think about its current value, today, and not the future ramifications of having that time today. Correctly anticipating those dynamics, ‘NPV thinking’ is particularly important for entrepreneurs with the ambition to grow their business.”
You can read more from the trio’s time management research here.
