collageYale School of Management undergraduate courses are taught by the best professors in the country. Students attend lectures, seminars, and workshops led by faculty who are thought leaders in management education, research, and practice. Their practical problem-solving methods equip students for careers in finance, technology, healthcare, government, and other sectors. Yale’s learning environment provides opportunities for students to learn through hands-on engagement with contemporary issues through case studies, global immersion trips, study tours, and real-world projects. Get more information regarding Yale School Of Management Undergraduate Courses, yale school of management ranking, yale school of management courses, yale school of management fees & yale school of management acceptance rate.
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yale school of management Overview
The Yale School of Management (also known as Yale SOM) is the graduate business school of Yale University in New Haven, Connecticut. The School awards the Master of Business Administration (MBA), MBA for Executives (EMBA), Master of Advanced Management (MAM), Master’s Degree in Systemic Risk, Master’s Degree in Global Business & Society, Master’s Degree in Asset Management, and Ph.D. degrees, as well as joint degrees with nine other graduate programs at Yale University. As of August 2019, 666 students were enrolled in its MBA program, 134 in the EMBA program, 70 in the MAM program, 32 in the Master of Global Business Studies program, 11 in the Master of Systemic Risk program, and 59 in the PhD program; 122 students were pursuing joint degrees. The School has 90 full-time faculty members, and the dean is Kerwin Kofi Charles.
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 semester-long student exchange programs with HEC Paris, IESE, the London School of Economics, the National University of Singapore Business School, and Tsinghua University. Students may also propose a quarter- or semester-long exchange program with any of the 25 other schools of the Global Network for Advanced Management
Yale School of Management is monitoring the outbreak of the COVID-19 coronavirus and related travel restrictions and adjusting plans for programs as events warrant. Yale remains open but all classes will be online. The EMBA admissions team will work with individuals who are unable to meet deadlines to complete the process, and will continue to accept and evaluate applications. You can find full information here: https://som.yale.edu/programs/emba/admissions/application-information
How Will Covid-19 Affect My Application?Yale has chosen to extend the Round 3 test score submission deadline to April 24, as well as including a Round 3 extended deadline of May 27.
The mission of the Yale School of Management is to educate leaders for business and society. This mission reflects the vision and expectation that our graduates are inspiring leaders who own and solve hard problems that matter. The Yale School of Management has always been an innovator in the training of professional managers. The school’s integrated MBA curriculum, launched in 2006, adapts that spirit of innovation to the current business landscape. Yale SOM’s core curriculum replaces many traditional subjects, such as finance and marketing, with multi-disciplinary, team-taught courses, called Organizational Perspectives, that teach students to draw on the information, tools, and skills necessary to develop creative solutions and make strategic decisions.
The school supports this integrative approach with SOM-developed teaching materials that incorporate the actual resources and information a contemporary manager must draw on every day; for instance, the school’s online “raw” case format utilizes documents such as 10-Ks and analyst reports, alongside other materials such as faculty-authored articles and media reports, to enable students to analyze business problems.
yale school of management acceptance rate
The acceptance rate for Yale SOM is 23.7% It is important to consider the acceptance rate in the context of the student profile of those who are admitted. For example, the median GMAT score is 730.
yale school of management Bachelors Courses
Yale SOM offers a wide array of elective courses that explore issues related to social enterprise, ranging from non-profit management to public policy, from environmental stewardship to business ethics. A list of all syllabi can be found at courses.yale.edu.
Global Social Entrepreneurship
Tony Sheldon
The Global Social Entrepreneurship (GSE) courses offer students the opportunity to work on consulting projects with organizations in regions outside of the United States. Both courses partner with mission-driven social entrepreneurs serving “base of the pyramid” communities to address a specific management challenge. The first (GSE India) works with Indian social enterprises on an array of projects focused on expanding their reach and impact. The second course (Spring GSE) addresses issues in a different country of focus each year.
Managing Social Enterprises
Kate Cooney
This course provides the opportunity to examine through a set of case studies, key issues related to managing social enterprise organizations. Following initial content reviewing perspectives on the trend of social enterprise, topics covered include: choosing the right organizational legal firm, managing competing or conflicting goals, tools for double and triple bottom like decision making, calculating a social return on investment (SROI), the challenge of integrating interdisciplinary human resources, raising capital at different stages of the organizational lifecycle, scaling a social innovation/product, and exits.
Ethical Choices in Public Leadership
Eric Braverman
Every public leader must make choices that challenge his/her code of ethics. This interdisciplinary seminar on Ethical Choices in Public Leadership will draw upon perspectives from law, management, and public policy in exploring how leaders develop their principles, respond when their principles fail or conflict, and make real-world choices when, in fact, there are no good choices.
Economic Strategy for Doing Business in the Developing Countries
Kevin Donovan
This course examines economic strategies for non-profit and for-profit organizations and firms operating in the developing world. The course focuses on conducting business in environments with weak or deficient institutions, including corruption, political instability, lack of contract enforceability and poor investor protections, while also exploring the role of non-profits, NGOs and multi-lateral institutions in the process of development. This course will use quantitative economic and game theoretic analysis to examine these issues in addition to international policy issues such as natural resource exploitation, the free trade of goods including environmental goods, intellectual property protection, and labor rights.
Urban Poverty and Economic Development
Kate Cooney
This semester long course provides an examination of current theory, research and policy on urban poverty and community development in the U.S., as a background for developing community wealth building economic development interventions in city and community settings. We examine innovation approaches in the traditional areas of economic development, practice areas of business creation and development, workforce development and skills training, housing, education, and individual income support and wealth building. The course uses readings, guest lectures and case based discussions, and the opportunity for self-directed exploration of the topics discussed.
Managing Sustainable Operations
Saed Alizamir
Managing marketing programs focuses on tactical decisions that managers must make to successfully implement marketing strategies including managed introduction of new products, effective setting of prices, persuasive communication of product value, and the distribution of the product through intermediaries or direct sales teams. This course teaches students how to make tactical marketing decisions regarding “marketing mix” or the “4 P’s of marketing”—product, price, promotions and place—the primary levers available to managers to effect a marketing program in a competitive business environment.
Strategic Management of Nonprofit Organizations
Judy Chevalier
This course examines issues faced by nonprofit organizations, including mission definition, competing internal and external demands, resource scarcity and uncertainty, governance systems, and managing strategic change.
Financing Green Technologies
Richard Kauffman
This course will explore how investing in renewable energy is different than in investing in other sectors and how policy support for renewable energy varies between countries. The course will rely on real-life case studies to illustrate themes and to expose students to different end markets and companies along the maturity cycle from early stage ventures to projects using mature technology. In doing, the course will give some insights as to specialized participants—Venture Capital, Private Equity, and Project Finance—fit together in funding a company. Also addressed in the course are other green technologies affected by the same issues.
Impact Measurement & Financial Reporting in the Social Sector
Raphael Duguay
This course will provide students with technical skills to evaluate performance in the social sector, namely by measuring impact and analyzing financial reports. Students will be introduced to tools and methods to measure social impact, with an emphasis on causality and cost-benefit tradeoffs. Sequentially, students will acquire the technical knowledge to interpret the financial statements of nonprofit organizations (topics include expense classification, contributions, donors-imposed restrictions, endowments, etc.). I draw on real examples and use cases to apply the concepts. The course will benefit students interested in leadership or directorship at nonprofit, social, and religious organizations, as well as students who intend to take up positions in corporate social responsibility, impact investing, grantmaking, or ministry.
Social Entrepreneurship in Public Health
Teresa Chahine
This is a case based course about innovation and entrepreneurship for health equity, including racial equity and other drivers of health. COVID-19 has brought to light for many the complexities in drivers of health, and the role of entrepreneurship and cross-sectoral collaboration in eliminating health disparities. We examine cases of entrepreneurship for health equity in the U.S. and globally, using a research-based framework to analyze the role of innovation and design thinking, resource mobilization, financial viability, cross-disciplinary collaboration, and systems strengthening.
Start-up Founder Practicum
Jennifer McFadden
This course provides students a means to work on their start-up ventures for credit, applying principles derived from their other coursework, particularly the integrated core curriculum and the introductory entrepreneurship elective. Also offered in Spring.
Introduction to Social Entrepreneurship
Teresa Chahine
This is a practice-based course in which students from across campus form interdisciplinary teams to work on a social challenge of their choice. Teams delve into the challenge through root cause analysis, research on existing solutions, design thinking, and systems thinking to design, prototype, test, and iterate solutions.
Metrics, Tools and Indicators in Corporate Responsibility
Todd Cort
This is an applied course on the metrics, indicators and tools used by businessses to implement strategically relevant Corporate Social and Environmental Responsibility (CR) or Sustainability programs. It is relevant for any potential corporate manager or consultant.
Inequality and Social Mobility
Barbara Biasi
This course explores current trends in inequality and social and intergenerational mobility in the US and abroad, their possible causes, and the impact of public policies in shaping these trends. Drawing primarily on empirical evidence from the economics literature, we will examine the role of the education, segregation, and race in shaping economic opportunities within and across generations.
Private Capital and Impact Investing
Susan Carter
This course, which is taught from the perspective of an institutional investor, provides an introduction to Private Capital and Impact Investment markets including 1) the development of the venture capital industry 2) an overview of the private equity industry 3) an exploration of how venture capital and private equity investment firms are embracing ESG factors, and 4) the development of impact investment and how the private capital model is used for positive environmental and social impact.
Education Policy
Barbara Biasi
This course is designed to describe the major policies defining today’s education system in the US. The course focuses on governance, accountability, choice, finance, and personnel policies for K-12 education, and especially on federal, state, and local policies.
Aligning Profit and Purpose
Blair Miller
The course explores the evolution of the role business plays in addressing social issues. It digs into the evolving models of corporate shared value, social entrepreneurship, impact investing, and social bonds leaving students with a strong understanding of the industry and the career pathways.
Academics
Integrated Curriculum
For the 2006–07 academic year, the School introduced its Integrated Curriculum, an effort to move away from the typical “siloed” teaching approach to a more cross-disciplinary curriculum. This new curriculum is composed of two components: foundational skills classes in a program called “Orientation to Management” that take place during the first semester of the MBA program and a set of classes called “Organizational Perspectives” that take place during the second through fourth quarters of the first academic year and are case- and lecture-focused courses that decompose business components into the perspectives of different stakeholders.
Orientation to Management
The Orientation to Management is the first segment of the curriculum, which introduces students to core concepts and business skills. The constituent courses include Managing Groups and Teams, Global Virtual Teams, Basics of Accounting, Probability Modeling and Statistics, Basics of Economics, Modeling Managerial Decisions, and Introduction to Negotiation.
Organizational Perspectives
Organizational Perspectives is a series of interdisciplinary, team-taught master classes that make up the majority of required MBA courses at SOM. These courses include Employee, Innovator, Operations Engine, Sourcing and Managing Funds, Competitor, Customer, Investor, The Global Macro-economy, and State and Society. The final Organizational Perspectives course, the Executive, focuses on solving a series of case studies involving cross-national or global business challenges and draw on the subject matter taught in the other Organizational Perspectives courses and Orientation to Management skills.
The Organizational Perspectives courses are both in lecture and case format which include cases from multi-media “raw” cases developed by SOM and the Global Network for Advanced Management.
Electives
MBA candidates are able to take electives courses at the School of Management commencing during the second semester of the MBA candidates’ first year of instruction and during their entire second year of study. These electives include pedagogy drawing from traditional lecture and case-based instruction as well as includes independent reading and research with professors and instructors.
SOM students are also permitted to enroll in the classes offered by other graduate and professional schools and at Yale University including the Yale Graduate School of Arts and Sciences, Yale Law School, Yale School of Public Health, and undergrad classes at Yale College.
Global Studies Requirement
MBA candidates are required to complete a Global Studies Requirement prior to graduation. This requirement can be fulfilled a number of ways including an International Experience Course, a Global Network Week, a Global Network Course, The Global Social Entrepreneurship Course, the Global Social Enterprise Course, or a term-long international exchange with a partner school
yale school of management ranking
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.”
| Business school rankings | |
|---|---|
| Worldwide overall | |
| Times Higher Education | 8 |
| Worldwide MBA | |
| Financial Times | 4 |
| U.S. MBA | |
| Forbes | 11 |
| U.S. News & World Report | 9 |
Yale’s faculty were rated #1 of all MBA faculty in the Economist survey in 2018.
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.
Degrees
The Yale School of Management (SOM) offers a number of postgraduate degrees, including the two-year Master’s of Business Administration (MBA), MBA for Executives, Global Pre-MBA Leadership Program, Master of Advanced Management (MAM), Masters of Management Studies in Systemic Risk, and several doctorate degrees.
MBA
The MBA a traditional full-time, two-year program that allows students to take a wide array of core courses and electives at the university.
MBA for Executives
The MBA for Executives at SOM during the 2017–18 academic year includes 71 students, 35% of whom are women. Graduates of the MBA for Executives program go through the full MBA-integrated core curriculum. They also take advanced management courses as well as colloquia and advanced courses in one of three areas of focus: healthcare, asset management, or sustainability.
Global Pre-MBA Leadership
The school offers a Global Pre-MBA Leadership Program that introduces recent college undergraduates from cultural backgrounds that are under-represented in graduate management education to the benefits of an MBA degree.
Master of Advanced Management
The Master of Advanced Management (MAM) program is a one-year program based at SOM’s New Haven campus for business students from Global Network for Advanced Management schools. All MAM students matriculate into the MAM program immediately after their graduation from their respective business schools to continue the studies at SOM. MAM students participate in a required series of courses and discussions oriented around major trends in global business and the role of business leaders, and customize their experience by choosing electives from throughout Yale University.
The MAM class of 2016 is composed of 63 students from 34 countries and 20 Global Network for Advanced Management schools and is 38% women.
Master of Management Studies in Systemic Risk
The Master of Management Studies in Systemic Risk is the most recent degree added to the SOM curriculum, added in the 2017–18 academic degree. The program is a specialized master’s degree for early- and mid-career students who are interested in the role of central banking and other major regulatory agencies.[ The Wall Street Journal has described the program as a “Degree of Danger” as it focuses on training the “next generation of regulators.”
Master of Management Studies in Asset Management
The Master of Management Studies in Asset management is a graduate degree program launching soon and will target students directly from their undergraduate education or those professionals with three or fewer years of work experience. The degree has been developed in collaboration with the Yale Investments Office and parallels one of the school’s EMBA tracks in asset management. The first cohort of 56 students was welcomed in 2021.
Doctor of Philosophy
The doctoral program (PhD) at Yale SOM is a full-time, in-residence program intended for students who plan scholarly careers involving research and teaching in management.[49] There are five major tracks for PhD students follow at SOM: Accounting, Finance, Marketing, Operations, and Organizations and Management. The program is structured so that it can be completed in three to five years. The curriculum for the first two years of PhD candidates is composed of 14 courses, which include two core courses, a social science sequence, an empirical methods sequence, a depth requirement, a breadth requirement, and electives. The program is small and admits only a few students each year; there are currently 51 doctoral candidates in the program. All admitted students are given a full stipend for five years if they satisfy the program’s requirements.
Joint Degrees
The School’s joint-degree programs include the MBA/JD with Yale Law School, MBA/MD with Yale School of Medicine, MBA/PhD with Yale Graduate School of Arts and Sciences, MBA/MEM or MF with Yale School of Forestry and Environmental Studies, MBA/MArch with Yale School of Architecture, MBA/MFA with Yale School of Drama, MBA/MDiv or MBA/MAR with Yale Divinity School, MBA/MPH with Yale School of Public Health, and MBA/MA in Global Affairs with the Jackson Institute for Global Affairs.[53] Approximately 11% of MBA candidates of the class of 2021 are pursuing dual degrees. Further, in the 2018–2019 academic year, over 1,300 instances of non-SOM students from Yale College and other Graduate and Professional schools registered for SOM classes.
Silver Scholars
Initiated in 2001, it was originally open only to Yale undergraduates and was intended to attract more non-traditional MBA candidates with experience outside business and finance. It has since expanded to consider applications from college seniors around the world. Even so, the program remains small. In 2014, SOM admitted only 15 Silver Scholars.
Despite conventional wisdom that MBA programs require previous work experience, Silver Scholars’ job placement and scholarship statistics are at least as good as Yale’s traditional MBAs. With an approximately 5% admit rate, the program is more selective than the traditional MBA program at Yale, as well as most other early admission MBA programs, including those at Stanford Graduate School of Business and Harvard Business School.
The School offers the Silver Scholars Program to exceptional college seniors with a “combination of Intelligence, Maturity, and Curiosity, who aim to be leaders in their field.” It’s been called an “alternative” to deferred admissions policies for undergraduate applicants offered by other top MBA programs. It is distinct in that it is one of a very small number of schools to offer an MBA schedule specifically tailored to recent graduates, and the only one to offer a mid-program internship.
Silver Scholars matriculate immediately from undergrad into the School of Management and participate in a one-year, full-time internship after completing the first year of the Integrated Core Curriculum. Following their internship, Silver Scholars return to campus to complete their second year of MBA coursework At SOM, that second year has minimal requirements, and students may take courses across all Yale’s grad schools. In some circumstances, Silver Scholars receive permission to defer their matriculation as a result of fellowships or other extraordinary circumstances or extend their internships by an additional year. A total of 17 Silver Scholars matriculated in the fall of 2019.
Research
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.
yale school of management Application Process
There are 349 students in Yale SOM’s Class of 2023. The median GMAT score of this class is 730 and the median undergraduate GPA is 3.69. The middle 80% of GMAT scores ranged from 690 to 760. The middle 80% range of undergraduate GPAs ranged from 3.3 to 3.92. For those who chose to take the GRE, median scores landed at 166 Verbal and 165 Quant.
Women make up 43% percent of the Class of 2023. Forty-four percent of the class hold passports for a country other than the U.S. and represent 38 different countries altogether. Forty-nine percent identify as U.S. student of color and another 20 percent identify as a U.S. underrepresented minority.
Application Procedures
Applicants can apply to Yale SOM during one of three rounds of admission; these typically occur in mid-September, early January and mid-April. The admissions committee requires that applicants submit a completed online application form covering personal and biographical information, a résumé, two letters of recommendation, and transcripts from all academic institutions attended. Applicants must also submit a GMAT or GRE score report, and typically a $250 application fee. Application fees are priced on a sliding scale depending on the applicant’s income. Interviews are conducted by invitation only and are required for admission to the MBA program. Applicants may be interviewed by members of the Yale SOM admissions committee or trained second-year students.
Applicants who have displayed commitment to encouraging diversity in American businesses may also apply to Yale through the Consortium for Graduate Study in Management.
Application Checklist
- Data Forms
- GMAT/GRE score(s)
- Academic Transcripts
- Résumé
- Essays
- Recommendation Letters
- Application fee
- Video Questions
- Behavioral Assessment
yale school of management fees
| Tuition | $74,500 |
|---|---|
| Program Fee | $2,270 |
| Total Tuition and Fees | $76,770 |
| Room, Board, and Personal Expenses* | $24,284 |
| Textbooks and Photocopies | $1,000 |
Notable alumni
As of 2019, there are over 8,692 alumni.
- Bradley Abelow – Chief Operating Officer, MF Global, Inc., and 2010-2011 Donaldson Fellow
- Beth Axelrod – Senior Vice President, eBay, and 2014-2015 Donaldson Fellow
- Adam Blumenthal – Managing General Partner, Blue Wolf Capital Management, and 2008-2009 Donaldson Fellow
- Laszlo Bock – CEO and co-founder, Humu; former Vice President, People Operations, Google, and 2008-2009 Donaldson Fellow
- 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, and 2016-2017 Donaldson Fellow.
- Tim Collins (financier) – CEO and founder, Ripplewood Holdings LLC
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