i'm not sure of the specifics for why Leavey dropped, but i've worked with many Leavey alums and can attest to the quality of the program as it relates to learning the basic building blocks of an MBA education. i think it's a fine program, and a well known one in the Bay Area. there are many high-tech senior leaders who actually teach classes at Leavey, so there's a 'real world' flair to the program that i think is stronger than others. the campus is beautiful. the program has seen a steady rise in funding over the years (since many of their alum are quite successful), so i believe things are only going to get better.
Haas, of course, is the best known program for exec ed out here in the bay area, but Wharton also has a presence in SF as well. there's also a joint columbia-Haas program to think about if you want ultimate alumni connections and flexibility. since you just asked about Leavey, however, i'll keep my comments focused there.
hope that's helpful,
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