Secretary of the Treasury, Jacob J. Lew

This doesn’t happen everyday: Secretary of the Treasury, Jacob Lew, is speaking right here, right now, in Korn Convocation Hall. He’s en route to Cairns, Australia, for the Group of Twenty (G20) Finance Ministers and Central Bank Governors meeting, but stopped off at UCLA Anderson to speak to a full house. His speech is also live-streaming on our Anderson website.

First topic: tax inversions and patriotism.


Next: US economic relations with Russia.
Next: China.
Next: Value of the Dollar.

Now, questions and answer period. The questions posed by students:
Syria and ISIS?
Scotland and UK?
Student loans?
Tax code reform, reactions from other countries?
Wealth inequality?
Communicating post-2008-financial-crisis efforts?
How to communicate contentious topics abroad, at home?
Dean Judy Olian, last question, immigration reform: As one-third of our students are international. How do we make sure they can work here, with their UCLA education?

Making History: The new FEMBA Class of 2017

Last week we welcomed the UCLA Anderson FEMBA Class of 2017, the 27th entering class and the largest-ever entering class!

The highlight of my year is making the opening-day welcome, where I get to give the class profile and share my “diamonds polish diamonds” metaphor. My half-hour speech is only a small part of the whole Leadership Foundations, an intense, five-day immersion taught by some of our freshest-thinking professors, embedding social-connectivity with multiple experiential-learning components.

20140825 LF Diamonds Polish DiamondsBelow are some of the statistics of our amazing new class of students, as well as some photos of the week.

The FEMBA Class of 2017

  • The 27th entering FEMBA class
  • 330 students = most ever. Up 13% from last year.
    FEMBA has more than quintupled since beginning in 1988.
    At over 900 students, FEMBA is poised to be one of UCLA’s largest graduate program student bodies, if not the largest.

20140825 LF Poised to be largest

  • 715 applications, up 19% from last year
  • 92 women = most ever
  • 23 Military = most ever (to the best of my knowledge)
  • 8 MDs = most ever
    I don’t know how to confirm this, but my hunch is that this is more than any other part-time and also probably any other full-time MBA program.
  • 7 Lawyers
  • 3 PhDs (Biochemistry, Electrical Engineering and Experimental Particle Physics!)
  • Class includes patent-holders, published authors, CPAs, CFAs, Eagle Scouts, a Peace Corps graduate, a Teach for America graduate, Missionaries, Riordan program alumni
  • 2 married couples (both spouses in Class of 2017)
  • 3 are married to other Anderson students (2 MBA, 1 FEMBA)
  • 5 members of the class have a parent with an Anderson MBA
  • 443 SuperSaturday admission interviews were held on-campus.
    100% of all admits were interviewed.
    We’ll surpass 5,000 life-time SuperSaturday interviews November 8th!
  • 9% are of Hispanic or African-American heritage
  • 36% are married
  • 30 average age
  • 610-730 middle 80% GMAT
  • 3.4 average undergraduate GPA
  • 26% hold advanced degrees
  • 150 undergraduate universities represented
    UCLA #1, 46 graduates
    USC #2, 23
    UC Irvine #3, 16
    UC Berkeley #4, 13
    16 Ivy League graduates
    9 Military Academy graduates
  • 268 total employers represented

20140825 LF 268 companies

  • $83,198 is average salary
  • 77 are already earning over $100,000/year
    27 nationalities/countries of birth  (the United Nations meets Hogwarts!)
    34 states of birth

20140825 LF a Global Village

  • 7% reside outside of California and 1% reside outside the US (see below)
    We have three international commuters (two from China and one from the UK, all into FLEX)
  • FLEX grew 11% from last year ( up to 63 from 57 )
    FLEX has students from 13 states and 2 countries (China and UK)

20140825 LF Our Reach is Growing

What’s it like to give a keynote welcome to 330 people? A bit intimidating, especially since it takes three shots just to photograph them all.

20140825 LF day one Class of 2017-1

The new FEMBA Class of 2017, August 25, 2017, day one of Leadership Foundations. 1 of 3.

20140825 LF day one Class of 2017-2

The new FEMBA Class of 2017, August 25, 2017, day one of Leadership Foundations. 2 of 3. (See Associate Dean Freixes down front.)

20140825 LF day one Class of 2017-3

The new FEMBA Class of 2017, August 25, 2017, day one of Leadership Foundations. 3 of 3. (Directors Melissa de Ramos and Bonnie Kim coming down for their opening welcomes.)

20140825 LF day one Class of 2017-Kari Schumaker welcome 2

Hail to the Chief! Our FEMBA student body president, Kari Schumaker ’15, welcomes the new students.

20140825 LF day one Class of 2017-Kari Schumaker welcome

Let out your inner thespian. Joining Kari on-stage are FEMBA Council Officers Vibhore Bhaskar, Amber Jackson, David Forbes, Chihiro Kurokawa and Allyson Tom for a skit or two.


20140825 LF day one Class of 2017-Allyson Tom

Allyson Tom ’15, FEMBAssador Co-Chair, also welcomed the 2017s, and gave an overview of FEMBAssadors.

20140825 LF day one Class of 2017-David Duong welcome

David Duong plugged all-things-social. In the background he showed two videos, for Section Wars, and here, AnderProm.

20140825 LF day one Class of 2017-Hands Up

If you’re excited to be starting at UCLA, let’s see you raise your hands!

20140825 LF Ops Team

They made six months’ worth of work look effortless; the team who managed the entire week: Kuni Kondo, Itze Ornelas, Amjad Ezzour, Michael Fontanez, Abraham Martinez.

20140826  LF 2017 - TAs

These upperclass FEMBAs gave up a week too, so that they could be the Teaching Assistants for Leadership Foundations: Brad Phillipi, Ryan Rosales, Chihiro Kurokawa, Jack Warren, Asa Sharma, and Alyse Thompson.

20140825  LF 2017 - Faculty

The engine that makes the whole enterprise go, our excellent faculty. Here were the five leaders of Leadership Foundations 2014, our professors Keyvan Kashkooli, Noah Goldstein, Craig Fox, Margaret Shih and Jenessa Shapiro.

Finally, I want to thank the three team who make my professional life possible, my Admissions Team, Our Alumni Reader Team, and our FEMBAssador team. Thanks everyone! Your efforts created this history-making, largest-ever entering FEMBA Class of 2017!20140825 LF Admissions Team 20140825 LF Alumni Reader Team 13-1420140825 LF FEMBAssador Team 13-14


UCLA Commencement 2014, FEMBA memories

Commencement 2014! Grads and dads and moms and grandparents and babies and boyfriends and girlfriends and all of the support network of the FEMBA Class of 2014–all the dedicated loved ones gathered in the California sunshine. It’s one of the best days of the year at UCLA.


The view from Lot 4 never looks so good.


“That’s right! Next time I see the A building, I’ll be an alum,” thought by an almost-graduated 2014.


Dylan, Linda Tran ’14 and Matt Gorlick ’13


Linda and her mom, “Last time, when I graduated from Berkeley, I couldn’t get all my family up there. This time? No excuses. Everyone’s coming today.”


Couple of Texans… Dylan and Doug Longo ’14. Back from his new job at DFA in Austin.


GAP power team. Former GAP Fellow Matt Gorlick ’13. GAP Faculty member Janis Forman. GAP Executive Director Paul Brandano ’06.




Top left, taking the selfie!


I can’t look up into the sun this long! Take the photo already!


The photographer on the roof of Korn Convocation Hall said, “Close your eyes for a second. Then open them all at once and look up.” I thought it sounded like something a doctor would say before doing something painful to me.


“Now the happy one!”


Going to miss Anastasia, Melissa, Beth. You all brought so much energy to FEMBA!


More smiles.


Oh yeah we did!




With Daniel Millner ’14. Daniel works on-campus, as the Director of World Arts and Culture. Thanks for all the coffees at Il Tram these last years Daniel. I think we solved all the world’s big problems over those conversations! So nice seeing your wife and family last night.


Dylan con Manuel Ambriz ’14. ¿Manuel, qué puedo decir? Es increíble que volabas desde ciudad de México a Los Angeles durante tres años. Eres una persona increíble.

20140613 Manuel Ambriz three passports

Manuel Ambriz ’14, commuted from Mexico City to Los Angeles for three years. He wore out three passports. He wasn’t in FLEX, he was in all-day Saturday. I don’t know for sure, but I doubt there’s a UCLA Anderson graduate who logged more miles for their MBA than Manuel. Felicitaciones!




Josh Schachter ’14, Hrag Hamalian ’14 and me. Can’t wait to see what these two entrepreneurs cook up next!


Jon Dearing and Susan Dearing. Congratulations Jon. Congratulations Mom!


Ryan Hughes ’14. Founder of Bull Oak Capital and a committed father and husband. Go Ryan Go!


Never have to take another MBA final exam….


Professor Janis Forman, Professor Carla Hayn (FEMBA’s Senior Associate Dean for the last seven amazing years) and Patricia Godefroy, our new marketing Dean.


With Kari Shumaker ’15, FEMBA’s new student body president.


Dean Judy Olian, Dean Al Osborne, and Susan Wojcicki ’98, CEO of Youtube and our 2014 Commencement speaker.


Faculty line up.


Looking at the grads lining up, from the catwalk.


Faculty parade.


Brian Sterz ’14. Going to miss you!


Brian and Doug!


Follow the leaders. Susan Wojcicki ’98 and Judy Olian lead the procession.


Andrew Hull ’14, with Gonzalo Freixes and Carla Hayn. Congratulations Andrew. Your commencement address was outstanding. Heartfelt. Compelling. Great.


I see you, seeing me. Gonna miss you Michael Klausler.


Susan Wojckicki ’98 offers applause for the new grads.


Andrew Hull ’14, gives a heck of a speech.


Nothing beats the California sunshine!


Brian Sterz ’14…get off the phone. We’re trying to have a graduation here!


You know it’s a party when we break out the bagpipes!

IMG_0082 IMG_0083 IMG_0086 IMG_0089 IMG_0090

Let there light! UCLA to raise $4.2 Billion

How would you raise $4.2 Billion?  UCLA said, “Let there be light!” and launched the Centennial Campaign last Saturday evening with a one-of-a-kind light show outdoors on the walls of Royce Hall. As the campus counts down to its 100th anniversary in 2019, the Centennial Campaign marks the largest fundraising ever undertaken by a public university. The campaign celebrates a century of growth and achievement and seeks to secure UCLA’s future as a center for higher education where teaching, research and service advance the public good.

Enjoy the video below, or

UCLA lunchtime inspiration

What did you do at lunch today? I burned 434 calories and got my afternoon’s inspiration!


434 calories on the elliptical, then some crunches: all to “Kings of Leon” station on Pandora


Nod to the Bear


Probably my next career, fund-raising for education


Did you know?


Freebie zone. Got a new recyclable grocery bag.


Why not? Selfie with Joe Bruin.


Tomorrow’s Bruins on a tour


Can’t leave out Coach Wooden!  Right inside the door of the Wooden Center.


Hard to read, but the Wooden quote on the wall is this, “Ability may get you to the top, but it takes character to keep you there.” — Coach Wooden. Inside the Wooden Center

Susan Wojcicki (’98), CEO, YouTube, UCLA Commencement Speaker 2014

20140516commencement-wojcicki-bannerHer UCLA Anderson professor in High Tech Management recalls that she was one of the brightest students in his class.

One of her Anderson field study colleagues says she was incredibly smart, low-key, exuded quiet confidence, had a wide range of interests, and loved yoga.

Fortune includes her on its list of the 50 most important leaders in the world after previously naming her one of the “50 Most Powerful Women in Business.”

Adweek once called her the “the most important person in advertising.”

Forbes included her among “the 100 most powerful women in the world.”

For us at UCLA Anderson, she’s “Susan” — Susan Wojcicki (’98), the newly appointed CEO of YouTube and member of our Board of Visitors. We are honored that Susan will be our 2014 Commencement Speaker.

The ceremony for our Full-Time MBA, Fully-Employed MBA and Ph.D. graduates will take place on June 13, 2014 at 4:00 pm on Wilson Plaza on the UCLA campus.

Judy D. Olian
Dean and John E. Anderson Chair in Management

[Re-posted from an announcement from Dean Judy Olian]


Did you know? Meb Keflezighi is a UCLA alum

I’m catching up on emails today, and I get a great one from FEMBA 2016, Kurt Fredlund.

20140515 Kurt Fredlund 2016

Kurt Fredlund, FEMBA 2016, Automotive Engineering Consultant at AutoStratiCon

Hi Dylan,

Morning. I’m sure you know. May be fun to announce to the student body though. Meb Keflezighi, first American to win the Boston marathon in many years is a UCLA alum!

President, Automotive Business Association
MBA Candidate 2016

Thanks Kurt. That’s great and I love sharing it. And great job stepping up as a leader in the Automotive Business Association.