Yale School of Management, New Haven Overview

Why Choose Yale School of Management?

Campus: Yale School of Management, part of the Ivy League, is situated in New Haven, surrounded by historic buildings and parks. The climate ranges from -5°C to 38°C.

Faculty: Yale SOM boasts a diverse faculty from around the world, including India. Professors cover a wide range of subjects such as management, economics, accounting, finance, marketing, organizational behavior, and political science. Explore Yale School of Management's Courses!

Student Life: Students at Yale SOM can join over 50 MBA clubs, including those focused on careers, education, and innovation.

Cost of Attendance: The total cost of attending Yale School of Management averages $100,000, comprising $74,500 in tuition and approximately $25,000 in living expenses.

Placements: Graduates from Yale School of Management are hired by leading companies such as McKinsey, Accenture, Bain & Company, Infosys, Ernst & Young, Pepsi, and Colgate. The average salary for graduates is $60,000.

Yale School of Management Rankings

• #16 in LinkedIn Top MBA Rankings 2024
• #9 in Best Business Schools by US News 2022
• #38 in Best Engineering Schools by US News 2022
• #1 in Best Law Schools by US News 2022
• #9 in Business/Corporate Law (tie) by US News 2022
• #4 in Clinical Training (tie) by US News 2022
• #1 in Constitutional Law (tie) by US News 2022
• #4 in Contracts/Commercial Law by US News 2022

Highlights

• Type of College: Private
• Campus Setting: Urban
• Location: New Haven, Connecticut
• Official Website: som.yale.edu
• Total Number of Academic Programs: 7
• Application Portal: College Application Portal
• Student-to-Faculty Ratio: 6:1
• English Language Proficiency Score: TOEFL or equivalent
• Financial Aid: Available in the form of grants, awards, and scholarships

Yale School of Management Courses

Yale School of Management offers a range of degrees and certificate programs. The full-time MBA is a two-year program with a unique integrated curriculum, while the Executive MBA is designed for working professionals seeking foundational expertise. The school also provides a Master of Advanced Management and degrees in Asset Management, Global Business and Society, and Systemic Risk.

Joint degree programs are available in various fields, including Law, Environment, Public Health, Global Affairs, Medicine, Architecture, and Drama. Additionally, Yale SOM offers executive programs in Leadership, Marketing, Finance, Digital Programs, Partner Programs, and the Yale Executive Global Leadership Program.

Master of Business Administration [M.B.A]

The Yale University MBA is a full-time, two-year program designed to offer a comprehensive education that blends theoretical knowledge with practical experience. This approach prepares you for leadership positions and effective decision-making across various business sectors.

Throughout the program, you'll develop skills essential for enhancing both organizational performance and strategic leadership. You can customize your studies with specializations in areas such as consulting, data analytics & technology, entrepreneurship, finance, healthcare, marketing, social impact, and sustainability.

The core curriculum includes courses in:

• Modeling Managerial Decisions
• Managing Groups and Teams
• Basics of Accounting
• Probability Modeling and Statistics
• Basics of Economics
• Introduction to Negotiation
• Global Virtual Teams

The program is conducted on-campus.

Important Dates

• Round 1 Application Deadline for 2025 Intake: September 10, 2024
• Round 2 Application Deadline for 2025 Intake: January 7, 2025
• Round 3 Application Deadline for 2025 Intake: April 8, 2025

Admission decisions will be made by December 5.

Tuition Fees

• First-Year Tuition Fees: ₹7,126,506 (USD 84,900)

Other Expenses

At Yale School of Management, the tuition fee for the MBA program is USD 79,000. Additional charges include health insurance and a program fee.

Yale School of Management Application Process

International students applying to Yale School of Management must meet additional requirements, including language proficiency and visa documentation.

• Application Portal: Each program has its own application portal.
• Application Fee: $250 USD

Basic Admission Requirements:

• A four-year bachelor’s degree from an accredited institution.
• GPA ranging from 3.34 to 3.92 (approximately 83%).
• Statement of Purpose.
• Official College Transcripts.
• Letters of Recommendation (LOR) for U.S. study.
• Completed video questions.
• Official GMAT (Median GMAT score: 680-760) or GRE (Median GRE score: 160-170).
• Resume.
• Interview.

Yale School of Management Campus and Accommodation

The campus features the Edward P. Evans Hall, a modern building located at the northern end of the Yale University campus. Completed in 2014, this 240,000 square-foot facility includes 16 cutting-edge classrooms, 22 breakout rooms, 13 interview rooms, three library spaces, a dining area, a coffee shop, a Terrace room, a lecture room with an outdoor terrace, academic centers, faculty offices, meeting spaces, and an enclosed courtyard.

The courtyard serves as a central hub for studying and socializing, linking Evans Hall with other Yale University buildings. Designed with sustainability in mind, Evans Hall minimizes maintenance and irrigation needs through native vegetation and reduces the heat island effect with underground parking. Much of the construction material was sourced from landfills.

Yale School of Management Accommodation

Yale SOM provides housing for graduate and professional students in the form of dormitories and apartments. Options include Mansfield, Divinity School, York-Crown, White Hall, Prospect Street, Harkness Hall, Elm Street, Baker Hall, and others. Facilities in these halls feature kitchens, study spaces, well-equipped bedrooms, and laundry rooms.

Accommodation costs vary widely, reaching up to $10,000 per semester. The school also offers a housing website listing off-campus accommodation options and providing information about property rentals and houses for sale in the greater New Haven area.

Yale School of Management Scholarships

Yale School of Management provides a range of scholarships for international students studying in the USA. These include General Merit Scholarships, Area of Interest Scholarships, Joint Degree Scholarships, Executive MBA Scholarships, and International Scholarships.

Notable International Scholarships include:

• Chapman Scholarship: Offered to MBA students from Africa, India, China, and Commonwealth countries based on merit.
• Yale Global Executive Leadership Program MBA Scholarship: Awarded to full-time MBA students who demonstrate ethical leadership and commitment.
• Global Leaders from India MBA Scholarship Program: Given to full-time MBA students from India with notable academic and professional achievements.

Additional scholarships are available for international students from Africa, China, Europe, Israel, and the Middle East, in collaboration with various organizations. These scholarships often focus on specific areas of interest or programs.

Types of Scholarships:

• Merit-based: Includes Togbe Afede XIV ’89 MPPM Alumni Fund Scholarship, Joseph Wright Alsop (Ph.B. 1898) Memorial Scholarship, Harry and Nisha Arora ’04 MBA Scholarship, and Shanna and Eric Bass '05 MBA Scholarship.
• Advertising and Marketing: Jess Morrow Johns (B.A. 1947) Memorial Scholarship for Advertising and Marketing.
• Entrepreneurship: Claire and Joe Greenberg Scholarship, Usha ’90 MPPM and Diaz Nesamoney MBA Scholarship, Nancy Pfund ’82 MPPM Scholarship.
• Finance: Nancy Pfund ’82 MPPM Scholarship.
• Masters of Advanced Management: Brandon Liu Tieh Ching Scholarship, Alec L. Ellison ’84 B.A. Master of Advanced Management Scholarship, Jane Sun and John Wu Scholarship.
• MBA for Executives: Yale SOM MBA for Executives Class of 2016 Scholarship.
• Ph.D.: Harry and Heesun You Fellowship.

Yale School of Management Alumni Network

The alumni network at Yale School of Management is a supportive and interconnected community that provides career guidance and industry insights to recent graduates. The School actively fosters connections between students and alumni through mentorship programs, allowing students to build relationships with Yale SOM alumni who are experts in their respective fields.

Students have access to the university's databases, enabling them to search for and connect with alumni across various industries.

Notable Alumni include:

• Indra Nooyi: Former CEO of PepsiCo, Inc.
• Ashwin Sanghi: Author of Chanakya's Chant and The Rozabal Line.
• Laszlo Bock: Former Vice President of Google.

Yale School of Management Placements

The Yale School of Management at Yale University is ranked among the top 10 MBA programs in the United States for business education. Choosing to pursue an MBA at Yale is a smart decision due to the university's strong placement outcomes. The MBA program at Yale provides an in-depth understanding of business dynamics, and the placement rate for 2023 stands at 91.5%, with graduates securing employment within three months post-graduation.

According to the 2023 full-time employment statistics for Yale MBA graduates, the median salary is approximately INR 1.45 crore, with an average signing bonus of around INR 24.94 lakh. International students also receive job offers at a comparable rate to U.S. citizens and permanent residents, with 92.2% obtaining an offer within three months after graduation. Over 120 distinct employers recruit Yale MBA graduates annually, offering them full-time positions.

Yale University MBA Placement Highlights 2023

The placement rate for MBA graduates at Yale University was 91.5% for 2023, with students securing job offers within three months of graduation. The average salary for Yale MBA graduates increased from INR 1.33 crore in 2022 to INR 1.45 crore in 2023. Below are the key highlights of the Yale University MBA placements for 2023:

FAQs

Q: What distinguishes Yale SOM?

A: Yale SOM stands out for its unique curriculum design, small class sizes, and its dual focus on both business and societal impact. The program also offers flexibility, allowing students to integrate business studies with arts courses to create a personalized educational experience.

Q: Is it difficult to gain admission to Yale SOM?

A: Yes, gaining admission to Yale SOM is challenging, with an acceptance rate of just 6%. Applicants typically need a high GPA of 4.0, a strong academic record, and a well-rounded profile.

Q: What is the application fee for Yale SOM programs?

A: The application fee for Yale SOM varies by program, ranging from $100 to $250.

Q: Can I obtain a waiver for the application fee at Yale SOM?

A: While the application fee is non-refundable, fee waivers may be available to eligible candidates under certain conditions.

Q: Are GMAT/GRE scores required for admission to Yale SOM?

A: Yes, GMAT or GRE scores are required for admission to Yale SOM.

Q: What GMAT/GRE score is needed for admission to Yale SOM?

A: Yale SOM does not have a specified minimum GMAT or GRE score, but most applicants submit balanced scores around 640.

Q: Must I submit English Proficiency Test Scores when applying to Yale SOM?

A: Yes, international applicants must provide English Proficiency Test Scores as part of their application to Yale SOM.

Q: Does Yale SOM offer scholarships and bursaries to international students?

A: Yes, all applicants to Yale SOM are considered for merit-based scholarships. Additionally, other scholarships may be available and applicants will be informed about these opportunities during the application process.

Q: Are recommendation letters required for Yale SOM applications?

A: Yes, submitting recommendation letters is a mandatory part of the application process for Yale SOM.

Q: Is there an upper age limit for any programs at Yale SOM?

A: No, Yale SOM does not impose an upper age limit for any of its programs.