MBA Finances
Full-Time MBA Costs for 2009-10
On November 19, 2009 the University of California Board of Regents passed the proposed mid-year fee increase for spring 2010 to help bridge the budget gap experienced across the UC system. The education fee, which was increased 15%, represents one of many fees in the total charges for Full-time MBA Students. With the exception of joint degree MBA/MPH students, this fee increase amounts to an additional $579 and is reflected in the general cost estimate below. The Haas School has focused on minimizing the impact of the recent budget crisis on our students. To this end, Dean Rich Lyons has approved an additional $300,000 to offset this increase. Consequently, students should not feel the impact of this increase in spring fees on their personal budgets.
CA RESIDENT |
NON-RESIDENT |
|
| UC Registration Fees | $34,540 |
$31,495 |
| Non-Resident Tuition | N/A |
$12,245 |
| Health Insurance1 | $1,932 |
$1,932 |
TOTAL FEES |
$36,472 |
$45,672 |
| Rent & Utilities2 | $10,431 |
$10,431 |
| Food2 | $5,054 |
$5,054 |
| Transportation | $2,821 |
$2,821 |
| Personal | $1,920 |
$1,920 |
| TOTAL LIVING COSTS | $20,226 |
$20,226 |
| Books & Supplies | $2,500 |
$2,500 |
| TOTAL BUDGET3 | $59,198 |
$68,398 |
Full-Time MBA Costs for 2010-11
The UC Regents also approved the tuition and fees for 2010-2011. This is significantly earlier than usual and allows campuses and students to prepare accordingly. Below is the estimated budget for the 2010-2011 academic year. Please note, some fees will likely change slightly as estimates for living expenses and the actual cost for university health insurance is finalized.
CA RESIDENT |
NON-RESIDENT |
|
| UC Registration Fees | $41,654 |
$37,376 |
| Non-Resident Tuition | N/A |
$12,245 |
| Health Insurance1 | ≥ $1,932 |
≥ $1,932 |
TOTAL FEES |
$43,586 |
$51,553 |
1 The mandatory Student Health Insurance Plan (SHIP) may be waived upon submission of proof of a comparable health insurance policy. Waiver forms are available on the University Health Services (UHS) web page in PDF format. Waiver requests must be submitted by August 31st for entering students; by July 15th for continuing students.
2 Room and board costs are on the conservative side and assume careful budgeting as well as sharing living quarters with at least one other person. Please be aware that your expenses may be higher depending on your personal lifestyle.
3 This budget does not include items such as consumer (credit card) debt or automobile expenses. We recommend that you reduce these obligations before you enter school, as they cannot be considered in your financial aid budget under federal regulations. The budget does not include the nominal costs of the Haas Summer Workshops (Quantitative and Communication), as these are optional.
Estimated Haas Student Expenses
Through the years, many students have relied upon the expense estimates in the Haas MBA Program Bulletin when budgeting for their schooling. These figures have been determined by the university primarily for financial aid purposes. If you apply for financial aid, the official budget costs will be used to determine aid eligibility. There is general consensus among Haas students, however, that these numbers do not reflect a typical Haas student's actual living expenses.
Haas students report the following average local monthly rents in 2006: studio apartment $1087, one-bedroom apartment $1240, one person's share of a two bedroom apartment $1162, and one person's share of a three-bedroom apartment $965. These figures do not include utilities.
If a spouse or partner is accompanying you to Haas, please allow an additional $7,000 per nine months for her/his expenses. If a child is accompanying you, budget an additional $5,000 per academic year.
Please be aware that your situation may be different depending on the personal lifestyle choices made.
Click here to view a PDF copy of an important legal notice regarding student litigation.
