ABOUT THE YALE MBA

The Yale SOM is a highly competitive program with an admission rate of 23.7%. It is one of the 6 Ivy-league business schools and is one of the most prestigious degrees in the world. Yale University is located in New Haven. The opportunities that Yale offers in terms of facilities, alumni network, and placements are several. The campus town means that students have a diverse community of students to live in and learn from and nurture themselves in.

THE 2 YEAR MBA PROGRAM 

The Financial Times has ranked Yale SOM 9th globally. Yale SOM’s faculty members are world-renowned not only for generating new thinking in their fields but also for having a genuine impact on current business practices. 

By joining Yale SOM you join a network you can always count on. You are connected to more than 500 speakers each year across various industries, an alumni network made up of more than 9,000 Yale SOM alumni. 

Tuition fees for the July class are set in December each year.  Fees for the December Class are announced in June.

Tuition fees for one year are $79,000. The total first-year budget is $108,780 including boarding expenses etc. 

Generous scholarships are offered to outstanding international candidates on a merit basis. Here are a few types of fellowships and scholarships available.

  • AICPA John L. Carey Scholarship Award
  • AMVETS Scholarships
  • Avinash Prabhakar ’04 MBA Scholarship
  • Bank of America Scholarship
  • Bell Family Scholarship

CLASS PROFILE

The MBA cohort typically represents a wide array of industries and professional backgrounds, providing a truly global learning experience.

The industry experience of students, prior to joining is also diverse, ranging from consulting, banking, and financial services to fashion and performing arts. About 44% are international or non-US students.

The average work experience for the full-time MBA is 4.4 years which ensures that students contribute richly to classroom learning by bringing forward their varied industry experience Peer-peer learning beyond the classroom is also facilitated through this.

At 43%, Yale has one of the best gender diversity ratios at B-schools throughout the world. 

The median GMAT score for the incoming class is 730 and the 80% range is from 690-to 760.

The infographic below depicts the Yale SOM class profile with statistics about the gender distribution, age, work experience, and geographical background of the students.

Source: The official school website 

COURSE CURRICULUM SUMMARY

Academics

Core Courses

The Yale SOM core curriculum in your first year is unique in how it ties together the pieces of a business school education into a meaningful whole.

The series of first-year courses are carefully planned to build your understanding of the whole organization, eventually building to big questions of business’s impact on society.  Orientation to Management gives you the tools and frameworks that you’ll need for the remainder of your MBA career. In the Organizational Perspectives courses, you’ll learn to rigorously apply those tools and draw on a variety of disciplines to illuminate the perspectives of various stakeholders. All of those perspectives come together in The Executive, which teaches you to take a CEO’s view of the entire organization and tackle major challenges. 

Global study

You are preparing to lead in a world of increasing connectedness, but also increasing complexity.

You may be doing business in many countries, and you’ll need to understand the business, legal, political, social, and cultural environments of each. At Yale SOM, you’ll lay the foundation for a global career by fulfilling the Global Studies Requirement.  As an MBA student, you will be required to participate in at least one of the following before you graduate.

Yale also offers a range of clubs both professional and social to join and hone your leadership skills and expand, and apply classroom knowledge.

PLACEMENT STATISTICS

Each year, CBS  achieves high employment rates over 95% of each MBA class. 

The return on investment is huge given a median salary after graduation of USD 150000 for the US hires and $103,000  for international hires.

This year, many students joined startups and new ventures.

These are the key placement statistics.

Source: The official career report 2019

Consulting & Investment banking emerged as the 2 industries in which the majority of the class was placed. Close to 48% of the class goes to these industries post MBA.

About 34.2% of the class went to Management Consulting alone.

NOTABLE ALUMNI

Indra Nooyi, Former CEO Pepsico

John Lawson Thornton, Executive Chairman of Barrick Gold Corporation

Donald Gips, CEO of the Skoll Foundation

APPLICATION DETAILS

Admission Requirements

To apply to the Yale School of Management, applicants must have earned a four-year bachelor’s degree from an accredited U.S. institution or the international equivalent. Applicants must submit the online application (including an essay), and the following materials:

  • Transcripts from every college or university attended
  • Two professional recommendations
  • Complete the video questions
  • Complete the behavioral assessment
  • Official GMAT or GRE score (valid within 5 years of exam date)
  • Pay the application fee

Application Fee: 

  • The standard application fee is $250.
  • For applicants earning less than $30,000 a year, the application fee is $175. 
  • For applicants earning less than $15,000 a year, it is $125.

Application Deadlines

Source: The official school website

Essay questions

Describe the biggest commitment you have ever made. (500 words maximum)