Anderson becomes a self-funding inst

Colleges & Universities University of California - Los Angeles
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<p>Like a few other top public graduate schools in the country, the UCLA Anderson School of Management is setting the groundwork to become a self-funding institution to preserve its high ranking. </p>

<p>This new financial model would rely on student activities to generate funds for the school. If the school continued to rely on the state for funding, it is predicted by financial analysts that it would not be able to stay competitive against other graduate schools, especially those in the Ivy League, which are self-supporting already. </p>

<p>The school currently holds the 12th rank out of 82 business schools, according to U.S. News and World Reports’ 2005 rankings. </p>

<p>A 2003 study by McKinsey and Co., a management consulting firm, predicted that Haas School of Business at UC Berkeley had allotted low funds for student programs which “hinders the competitive position” of the schools. In addition, the schools were found to be disadvantaged in the realm of faculty compensation and non-instructional spending.</p>

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<p>just goes to show how poorly funded public education is</p>

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<p>Public education is a joke in he U.S. Basically, schools are viewed as liabilities more than long-term investments…and the money put into education corroborates that.</p>

<p>Eventually I think we will start seeing schools sponsored by local area businesses to help boost funding and offer tax breaks to the companies. It is the logical albeit morally questionable direction of any society based on capitalism.</p>

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<p>this is a growing trend… it was only last month that berkeley’s law school was thinking of privitization, i believe.</p>