USC and most master's degrees are under the jurisdiction of the Graduate School. Professional degrees are awarded by each of the respective professional schools.
The School of Cinematic Arts, the oldest and largest film school in the country, confers degrees in six different programs. As the university administration considered cinematic skills too valuable to be kept to film industry professionals, the school opened its classes to the university at large in 1998. In 2001, the film school added an Interactive Media & Games Division studying stereoscopic cinema, panoramic cinema, immersive cinema, interactive cinema, video games, virtual reality, and mobile media. In September 2006, George Lucas donated $175 million to expand the film school, which at the time was the largest single donation to USC (and its fifth over $100 million). The donation will be used to build new structures and expand the faculty. The acceptance rate to the School of Cinematic Arts has consistently remained between 4–6% for the past several …