The School of Management at UCLA was founded in 1935, and the MBA degree was authorized by the
Regents of the University of California four years later. In its early years, the school was primarily an undergraduate institution, although this began to change in the 1950s after the appointment of
Neil H. Jacoby as dean; the last undergraduate degree was awarded in 1969. UCLA is rare among public universities in the
United States for not offering undergraduate
business administration degrees. Undergraduate degrees in
business economics are offered through the
UCLA College of Letters and Science. In 1950, the school was renamed the School of Business Administration. Five years later, it became the Graduate School of Business Administration; in the 1970s the school's name was changed again to the Graduate School of Management. In 1987,
John E. Anderson (1917–2011), class of 1940, donated $15 million to the school and prompted the construction of a new complex at the north end of UCLA's campus. Recently, the school has been mostly self-funded, with only $6 million of government funding out of its $96 million budget in 2010-11. In fall 2010, the school proposed "financial self-sufficiency": Giving up all state funding, in return for freedom from some state rules and freedom to raise tuition. The year 2010 also marked UCLA Anderson's entry into the
Consortium for Graduate Study in Management, with its inaugural Consortium class enrolling in the full-time MBA program during Fall 2011. In July 2018, Judy D. Olian, who served as the eighth dean of UCLA's Anderson School of Management, became Quinnipiac University's first female president when she took over for John Lahey, who retired in June 2018. Alfred Osborne, Associate Senior Dean of External Affairs and a professor at the UCLA Anderson School of Management, began serving as the school’s interim dean on July 1, 2018. Antonio Bernardo, a member of the finance faculty since 1994, was appointed UCLA Anderson’s ninth dean, effective July 1, 2019. ==Campus==