Yale Business School – The Yale School of Management (also known as Yale SOM) is the graduate business school of Yale University in New Haven, Connecticut. Beginning in the 1950s, Yale University started to expand coursework offerings in business and organization management.
The School awards the Master of Business Administration (MBA), MBA for Executives (EMBA), Master of Advanced Management (MAM), and Ph.D. degrees, as well as joint degrees with nine other graduate programs at Yale University.
Yale Business School Overview
As of August 2015, 668 students were enrolled in its MBA program, 114 in the EMBA program, 63 in the MAM program, and 51 in the PhD program; 122 students were pursuing joint degrees. In the 2017–18 school year, the school launched a one-year Master of Management Studies degree in Systemic Risk. The School has 86 full-time faculty members, and the dean is Edward A. Snyder.
The School conducts education and research in leadership, behavioral economics, operations management, marketing, entrepreneurship, organizational behavior, and other areas. The EMBA program offers focused study in healthcare, asset management, or sustainability.
The School also offers student exchange programs with HEC Paris, IESE, IE Business School, the London School of Economics, the National University of Singapore Business School, EDHEC Business School and Tsinghua University.
Yale Business School Rankings
Yale is ranked Poets and Quants top ten over the past eight years, and has remained in tenth place since 2015.
From 2011 to 2017, applications rose 46%—more than any other peer school, and 2017 alone saw a 12.3% increase in applications.
In 2017, total academic quality of its incoming class was second only to Stanford, and total median pay of its alumni exceeded Columbia’s, MITs, and U Chicago, despite more students than other peer schools pursuing non-profit work.
Yale ranked number one in U.S. News & World Report’s 2017 “Best Non-Profit MBA Rankings.”
The 2018 Princeton Review put SOM at #2 for “Best Green MBA,” #6 for “Toughest MBA to get into,” and #7 for “Best MBA for Consulting” and “Best MBA for Management.”
Yale Business School Admission
Admission requirements for the MBA include an earned four-year bachelor’s degree from an accredited U.S. institution or the international equivalent, completion of an online application form and essay, GMAT or GRE score, academic transcripts, two professional recommendations, completion of video questions and a fee.
The default application fee is $225 for applicants, but a sliding-scale exists for applicants whose compensation might be lower due to geographic considerations or an entire fee waiver for Peace Corps volunteers, staff and alumni of Teach for All Programs, US military or US veterans, current Yale Graduate students, and current Yale College students applying to the Silver Scholars program.
Of all admitted applicants, 22% submit their application with a GRE score, one of the highest rates of any graduate business school accepting the GRE. The application process has three rounds.
During the 2014–15 applications cycle for the MBA Class of 2017, applications were up 25%.
The MBA Class of 2017 has a median GMAT score of 720 with the middle 80% GMAT range being 690–760 and a median undergraduate GPA of 3.6 with a middle 80% undergrad GPA range of 3.23–3.88.
The 326 members of the Class of 2017 are made up of 40% women, 40% international students, and 10% under-represented U.S. minorities.
Research Centers and Programs
The School is home to the following research centers and programs:
- The Center for Business and Environment is a collaboration between the Yale School of Management and the Yale School of Forestry & Environmental Studies
- The Center for Customer Insights
- The International Center for Finance
- The Chief Executive Leadership Institute
The China India Insights Program
- The Program on Entrepreneurship
- The Program on Social Enterprise
- The Initiative on Leadership and Organization
- The Yale Program on Financial Stability provides research and training regarding risk management in global financial markets. Regular panels are convened with participants including former Secretaries of the Treasury Timothy Geithner and Henry Paulson, and former Federal Reserve Chairman Ben Bernanke. Typical participants for master classes hosted by the Program on Financial Stability include members from over 20 central banks and several non-central bank organizations including the Federal Deposit Insurance Corporation.
- The Yale Center Beijing is located in the Chaoyang district of Beijing and supports research and study from each of the University’s schools and divisions and serves as a gathering place for alumni from throughout Asia.
- Laszlo Bock – Vice President, People Operations, Google
- Roger H. Brown – President, Berklee College of Music
- Joaquin Avila – Managing Partner at EMX Capital, Former Fund Head at Carlyle Group Mexico, Former Managing Director and Head of Latin America at Lehman Brothers.
- Tim Collins (financier) – CEO and founder, Ripplewood Holdings LLC
- David S. Daniel – CEO, Spencer Stuart & Co.
- Michael R. Eisenson – CEO, Managing Director, and co-founder, Charlesbank Capital Partners
- Donald Gips – United States Ambassador to South Africa
- Anne Glover – CEO and co-founder, Amadeus Capital Partners
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Tags: Business Schools