Hi there,
I believe no one can asnwer you regarding to the MBA program of UCSD since this is the first year of its full time MBA program. For further information, please check its web site. (
http://management.ucsd.edu/)
In terms of the reputation of UCSD, it is definitely highly regarded in its academic excellence. From my personal point of view, its overall reputation is only after UC Berkeley and UCLA in UC system. (please be noted that I exclude UCSF since it is a different university of its nature)
UCSD is located in a upper-class area of San Diego. The city is pretty nice and cozy. Also the weather in Southern California is fantasitc! Hope this helps!
Garth