London Business School | Ms. Private Equity Angel
GMAT 660, GPA 3.4
Yale | Ms. Biotech
GMAT 740, GPA 3.29
McCombs School of Business | Mr. Marine Executive Officer
GRE 322, GPA 3.28
Kellogg | Mr. Engineer Volunteer
GMAT 710, GPA 3.8
Stanford GSB | Ms. Global Empowerment
GMAT 740, GPA 3.66
Chicago Booth | Mr. Bank AVP
GRE 322, GPA 3.22
Chicago Booth | Ms. Indian Banker
GMAT 740, GPA 9.18/10
Harvard | Mr. Renewables Athlete
GMAT 710 (1st take), GPA 3.63
Stanford GSB | Mr. Infantry Officer
GRE 320, GPA 3.7
UCLA Anderson | Ms. Apparel Entrepreneur
GMAT 690, GPA 3.2
McCombs School of Business | Mr. Ernst & Young
GMAT 600 (hopeful estimate), GPA 3.86
Harvard | Mr. Armenian Geneticist
GRE 331, GPA 3.7
Berkeley Haas | Mr. 1st Gen Grad
GMAT 740, GPA 3.1
Ross | Mr. Travelpreneur
GMAT 730, GPA 2.68
Harvard | Ms. Developing Markets
GMAT 780, GPA 3.63
London Business School | Ms. Numbers
GMAT 730, GPA 3.5
Kellogg | Mr. Innovator
GRE 300, GPA 3.75
IU Kelley | Mr. Fortune 500
GMAT N/A, GPA 2.2
N U Singapore | Mr. Naval Officer
GMAT 710, GPA 3.2
NYU Stern | Ms. Entertainment Strategist
GMAT Have not taken, GPA 2.92
INSEAD | Ms. Spaniard Consultant
GMAT 710, GPA 8.5/10.00
NYU Stern | Mr. Army Prop Trader
GRE 313, GPA 2.31
Chicago Booth | Mr. Unilever To MBB
GRE 308, GPA 3.8
Stanford GSB | Ms. Healthtech Venture
GMAT 720, GPA 3.5
Columbia | Mr. Senior Research Analyst
GMAT 720, GPA 3.58
Stanford GSB | Mr. Doctor Who
GRE 322, GPA 4.0
Rice Jones | Mr. Carbon-Free Future
GMAT 710, GPA 4.0

Haas Plans Major Campus Expansion

The Haas School of Business is planning a major $50 million expansion of the school’s campus at UC-Berkeley that will likely result in an increase in the size of Haas’ full-time MBA program.

Dean Richard Lyons, now in the fourth year of a five-year contract, said he has raised half of the $50 million required to break ground on a new 65,000 square foot building. The new structure, to be located where a university child care center now sits, would be used for classrooms, breakout rooms, a new cafeteria and a large event space.

In an interview with Poets&Quants, Lyons said the new building would allow Haas to increase the size of its full-time MBA program, which is now among the smallest at the elite schools. Haas currently enrolls 240 full-time MBAs a year and would most likely expand to 300 once the building is up and running.

HAAS REJECTS 80% OF APPLICANTS WITH GMATS OF 750 OR ABOVE

Berkeley has long been among the most selective business schools in the world, admitting only 11% of its applicants. Lyons told P&Q that more than 80% of applicants with GMATs of 750 or above are being turned down for admission. So an increase to 300 or above would do nothing to dilute the high quality of MBA students Haas has been able to attract.

Lyons also did not rule out the possibility that Haas could add a second Executive MBA program in addition to its current joint partnership EMBA with Columbia University in New York. “This new building will give us some real options,” says Lyons.

The additional room is needed, believes Lyons, because when the school moved into its current location on the Berkeley campus in 1995 the school had a total of 1,300 graduate, executive and undergraduate students. Now there are some 2,200 students in six degree programs using the same facilities. Lyons said the school also intends to invest another $20 million to transform its courtyard into what he called “an active outdoor area” where student projects could be done. The school is also repurposing some 20,000 square feet of library space, says Lyons.

The new four-story building would be constructed at the current location of Girton Hall, a one-story wooden structure designed by well-known architect Julia Morgan. The building, which had been moved to the east entrance of the campus in the 1940s, will be moved again to make room for the Haas expansion.

$25 MILLION RAISED AND $25 MILLION MORE TO GO BEFORE HAAS CAN BREAK GROUND

Lyons says he has so far raised $25 million and has another $13 million out in proposals. Among other things, he is looking for three $10 million donors, each of whom would have their names on parts of the new building. Lyons has one $10 million commitment from an alum in the real estate development business. He is hoping to break ground by the end of 2012, though under university rules, he cannot do so until the building is fully funded.

About The Author

John A. Byrne is the founder and editor-in-chief of C-Change Media, publishers of Poets&Quants and four other higher education websites. He has authored or co-authored more than ten books, including two New York Times bestsellers. John is the former executive editor of Businessweek, editor-in-chief of Businessweek. com, editor-in-chief of Fast Company, and the creator of the first regularly published rankings of business schools. As the co-founder of CentreCourt MBA Festivals, he hopes to meet you at the next MBA event in-person or online.