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Ameer Khatri MBA Consultant

UCLA Anderson MiF

July 20, 2023

710

Avg. GMAT

26

Avg. Age

2 Yrs.

Avg. Exp.

84

Class Size

12

Months Duration

Table of Contents

What is a good GMAT score for UCLA Anderson MIF?

Short Answer – The average GMAT score at HEC Paris is 690 for the last entering class. If you score above 690, you have a fair shot and you will receive an encouraging response to your profile evaluation from the admission committee. 

Long Answer – There is no such thing as a safe score, higher is always better. In our years of consulting experience, we have seen our clients with 640 getting selected into top schools like INSEAD and on the other hand, someone with a 770 getting rejected too. A good benchmark that we advise all our clients to beat is the average GMAT score of the last entering class as mentioned in the Class profile published every year. Scoring above the average gets you a fair shot; 

“The higher your score, the better is it for your interview or admission chance.” 

If you plan to apply with a score that is below the average, then you are starting a fight with one hand tied behind your back or, let’s say, you are starting a few yards behind your competitors. You can definitely catch up in other sections of the application by writing outstanding essays or performing really well in an interview later. But it is always nice to start ahead of the competitor. A higher GMAT score helps one gain a competitive advantage.

“What if you are from the over represented Indian or Asian Pool?”

The over-represented candidate pool of Indian or Chinese applicants usually goes through a rigorous preparation process for GMAT, with a lot of Indian applicants scoring quite high. Hence, the overall competition and the Average score for this diaspora goes up by a few notches. That is why we recommend candidates within the most over-represented profiles to shoot at least 20 points higher than the school’s class profile average. 

 

Average Employment Salary after UCLA Anderson MIF?

The average salary at UCLA Anderson MIF for the last graduating class was $129,000. 100% of the class was employed with 6 months of graduation with majority of class going into consulting (34%), Finance (28%) and technology (26%) oriented functional roles. 

A Master of Financial Engineering benefits the applicant from their wealth of network opportunities. With a €129,000 average salary, UCLA provides a network of over 300 companies that recruit UCLA graduates. Asset management, Equity Research ,Sales and Trading are a few popular job opportunities for the young MIF graduates

Key Employers

100%

Employed within 6 months of graduation

129,000

Avg. Salary

 

34%

Consulting

28% 

Finance

26%

Technology

12% 

others

 

$78,740

Tuition Fee

$ 27,000

Living Cost

105,740

Cost of Attendance

Tuition Fees & Scholarship at UCLA Anderson

The Tuition fees for UCLA Anderson MIF is $78,740 and an additional  $ 27,000 in living cost. 

For many years now, UCLA has been committed to enabling the most talented international students to pursue their studies within their elite business school. There are various scholarships for students such as Excellence Scholarships , etc.

Important Scholarships

Quick Overview & Rankings

QS Top MIF

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Deadlines

UCLA Anderson Application Essays

  • Are there educational, personal, cultural, economic, or social experiences, not described in your Statement of Purpose, that have shaped your academic journey? If so, how? Have any of these experiences provided unique perspective(s) that you would contribute to your program, field or profession?
  • Describe challenge(s) or barriers that you have faced in your pursuit of higher education. What motivated you to persist, and how did you overcome them? What is the evidence of your persistence, progress or success?
  • How have your life experiences and educational background informed your understanding of the barriers facing groups that are underrepresented in higher education?
  • How have you been actively engaged (e.g., through participation, employment, service, teaching or other activities) in programs or activities focused on increasing participation by groups that have been historically underrepresented in higher education?
  • How do you intend to engage in scholarly discourse, research, teaching, creative efforts, and/or community engagement during your graduate program that have the potential to advance diversity and equal opportunity in higher education?
  • How do you see yourself contributing to diversity in your profession after you earn your advanced degree at UCLA?

UCLA Anderson Recommendation Ques.

  • How long and in what capacity have you known the candidate? (No word limit)
  • If this is a work-related reference, in what position is/was the candidate employed and for how long? (No word limit)
  • What do you consider to be the candidate’s principal strengths/talents? (No word limit)
  • What do you consider to be the candidate’s weaknesses or areas that need improvement? (No word limit)

Application Process & timeline

We strongly advise all our clients to have a proper excel sheet or a timetables mapped out.
Once you are done with GMAT the entire application process usually take 4-6 weeks

Step 1

GMAT / GRE Score

2-3 months.

If you are not sure about what score to target then look at the average score of the schools you want and shoot above the average. 

Step 2

Profile Evaluation

 1-2 weeks.

Get your profile evaluated from a professional consultant and figure out what schools you can target based on your profile

Step 3

Application Prep

3-4 weeks at least. 

Start writing at least 1 month in advance of their 1st deadline. First application usually takes the longest.

Step 4

Interview Prep

1 week

School will notify you and give you roughly 1 week to schedule your interview. Ideally, start your prep ASAP and Do some mock interviews.

FAQs about UCLA Anderson

Yes, the UCLA Anderson MFE program qualifies as STEM, which can extend an international student’s Optional Practical Training (OPT) by 24 months – for a total of 36 months. OPT is temporary employment for practical training directly related to the student’s major area of study. OPT rules may be found here.

All prospective students are expected to have a strong quantitative background, including linear algebra, multivariate calculus, differential equations, numerical methods and advanced statistics and probability. In addition, applicants should have some experience or coursework in computer programming (e.g., C++, Java, or Python), plus statistical and econometric modeling (e.g., R, SAS, STATA, or MATLAB). It is important to demonstrate competence in your quantitative abilities and analytical skills in your application, through undergraduate math courses and/or your GMAT or GRE score.

The MFE program will accept a test score report from either the GRE or the GMAT. Preference to one exam is not given over the other.

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Interview Prep

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