Anonymous
Post 09/21/2024 10:11     Subject: Michigan Ross expanding to LA
Anonymous wrote:Smart. Leverage the strong brand to attract students out of the "home" area. Northeastern may be the leader in doing this, but other schools are getting in the game.

It is the wave of the future where a select few colleges will hoover up all of the best students.


Asked why the University is expanding to California, University of Michigan President Santa Ono responded, β€œThe antisemites are running low on targets in Ann Arbor.”
Anonymous
Post 09/21/2024 08:50     Subject: Michigan Ross expanding to LA
Anonymous wrote:Wharton also has similar in San Francisco so guess they are also devaluing their brand πŸ™„. And looks like Ross is already in LA, just expanding. But agree with other that this is usually a private model.


They are

That global emba program is super cringe

Philly, sf, remote

Wtf
Anonymous
Post 09/20/2024 22:43     Subject: Michigan Ross expanding to LA
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:It devalues the brand


On the contrary. Michigan is betting that there are enough talented students not served by USC or UCLA who will be attracted to its brand. What is a little odd about this is that Michigan is a public university. Usually it's the private schools that have done this, so to go to another state and "encroach" on the territory of the home state schools make this move an oddity.


It's barely a public anymore. I suppose this is true at many of flagships these days, but state support isn't what it used to be.

https://publicaffairs.vpcomm.umich.edu/key-issues/tuition/general-fund-budget-tutorial/#:~:text=Declining%20state%20support%20drives%20up,fiscal%20years%202010%20and%202011.


As a Michigan alumnus, I can attest to this. The university could easily go completely private and not struggle whatsoever. It's already rich enough and has enough engaged alumni to pull it off. From what I understand, they receive far less funding from the state than other Big 10 schools such as Minnesota and Wisconsin. Thus, they have more leverage when dealing with the state legislature and local politics.


Well then, they could start by buying all the land, buildings and improvements from the state. Let's see how much money they have remaining then.
Anonymous
Post 09/20/2024 22:38     Subject: Michigan Ross expanding to LA
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:It devalues the brand


On the contrary. Michigan is betting that there are enough talented students not served by USC or UCLA who will be attracted to its brand. What is a little odd about this is that Michigan is a public university. Usually it's the private schools that have done this, so to go to another state and "encroach" on the territory of the home state schools make this move an oddity.


It's barely a public anymore. I suppose this is true at many of flagships these days, but state support isn't what it used to be.

https://publicaffairs.vpcomm.umich.edu/key-issues/tuition/general-fund-budget-tutorial/#:~:text=Declining%20state%20support%20drives%20up,fiscal%20years%202010%20and%202011.


As a Michigan alumnus, I can attest to this. The university could easily go completely private and not struggle whatsoever. It's already rich enough and has enough engaged alumni to pull it off. From what I understand, they receive far less funding from the state than other Big 10 schools such as Minnesota and Wisconsin. Thus, they have more leverage when dealing with the state legislature and local politics.
Anonymous
Post 09/20/2024 22:08     Subject: Michigan Ross expanding to LA
Exec ed is a revenue stream, not something that will cost the University money. There are tons of So Cal alums. And actually, last time I checked, alums could get one free exec class. So, trial incents repurchase behavior. Seems like a decent plan. Not too hard to open or close this kind of facility.
Anonymous
Post 09/20/2024 20:25     Subject: Michigan Ross expanding to LA
Anonymous wrote:It devalues the brand


See Wharton SF. Not a big deal.
Anonymous
Post 09/20/2024 20:13     Subject: Michigan Ross expanding to LA
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:It devalues the brand


On the contrary. Michigan is betting that there are enough talented students not served by USC or UCLA who will be attracted to its brand. What is a little odd about this is that Michigan is a public university. Usually it's the private schools that have done this, so to go to another state and "encroach" on the territory of the home state schools make this move an oddity.


It's barely a public anymore. I suppose this is true at many of flagships these days, but state support isn't what it used to be.

https://publicaffairs.vpcomm.umich.edu/key-issues/tuition/general-fund-budget-tutorial/#:~:text=Declining%20state%20support%20drives%20up,fiscal%20years%202010%20and%202011.


Barely a public? The state of Michigan sends $350 million a year to the school!


Yeah, but the percentage of state support vs overall budget is among the lowest of flagships. Only UVA is lower. Not casting shade, just noting that it runs closer to a private. Thats why is tuition is comparatively high amongst flagships.

https://www.cga.ct.gov/2023/rpt/pdf/2023-R-0078.pdf
Anonymous
Post 09/20/2024 18:45     Subject: Michigan Ross expanding to LA
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:It devalues the brand


On the contrary. Michigan is betting that there are enough talented students not served by USC or UCLA who will be attracted to its brand. What is a little odd about this is that Michigan is a public university. Usually it's the private schools that have done this, so to go to another state and "encroach" on the territory of the home state schools make this move an oddity.


It's barely a public anymore. I suppose this is true at many of flagships these days, but state support isn't what it used to be.

https://publicaffairs.vpcomm.umich.edu/key-issues/tuition/general-fund-budget-tutorial/#:~:text=Declining%20state%20support%20drives%20up,fiscal%20years%202010%20and%202011.


Barely a public? The state of Michigan sends $350 million a year to the school!


And that covers the in-state tuition discount to undergrads.
Anonymous
Post 09/20/2024 18:34     Subject: Michigan Ross expanding to LA
Arizona state does this for undergrad. It has a satellite building in downtown LA. Many colleges have these in DC .
Anonymous
Post 09/20/2024 18:34     Subject: Michigan Ross expanding to LA
Wharton also has similar in San Francisco so guess they are also devaluing their brand πŸ™„. And looks like Ross is already in LA, just expanding. But agree with other that this is usually a private model.