What Is the Yale School of Management?
Yale University’s graduate business school is called Yale School of Management (Yale SOM). Yale School of Management is renowned for its emphasis on ethics and finance and provides degrees at both the MBA and Ph.D. levels. The school unveiled a brand-new integrated curriculum that blends organizational and personnel analysis with a short stint of overseas study.
A Comprehensive Overview of Yale School of Management
The Yale School of Management address is New Haven, Connecticut. After the program was established in 1971, thanks to a grant, the first cohort of students came in 1976. Three significant goals form the foundation of the school’s mission:
- Become the business school with the most vital connection to its parent institution
- Be the U.S. business school with the most distinctly global focus.
- Become the top provider of advanced leaders across all industries and geographical areas.
Programs at Yale School of Management
Graduate programs at the Yale School of Management are available in various formats. The school offers the standard two-year master of business administration (MBA) program in addition to an executive MBA program for working students, a Ph.D. program, an asset management master’s degree, a systemic risk master’s degree, a master’s degree for global business and society, and an advanced management master’s degree for graduates of business schools that are members of the Global Network for Advanced Management.
The full-time, in-residence doctorate program at Yale School of Management is designed for individuals pursuing academic careers in management research and teaching.
Yale School of Management Requirements for Admission
With around 350 MBA program spaces and about 100 faculty members, Yale School of Management is one of the smallest business schools in the United States.
Admission is tough; around 25% of candidates are admitted for the MBA program for the class that will begin in 2021; this percentage fluctuates yearly.
Sandra Urie, D. Ellen Shuman, and Jane Mendillo are notable Yale School of Management alums.
The cost of tuition at Yale School of Management
The tuition and fees for the 2021–2022 academic year are $76,770. (Yale School of Management tuition is $74,500; an extra $2,270 is required for the program.) Budgeted additional costs are based on a single student’s assumption of shared accommodation and a modest lifestyle.
- $24,284 for lodging, board, and personal costs
- Photocopies and textbooks: $1,000
- $2,698 for health insurance
- $27,982 is the expected total living expenditure.
- Budget for a single student overall: $104,752
The cost of tuition at Yale School of Management is higher than that of other prestigious business schools. Harvard Business School charges an annual MBA tuition of $73,440 (not including living expenditures and fees); the University of Chicago Booth School of Business charges an annual MBA tuition of $72,000 (not including living expenses and costs).
Relationship with Yale University
The Yale School of Management aims to be the graduate management program with the most substantial ties to its parent institution. Ten combined degree programs are available from the two schools:
- Asset Management
- Law
- Environment
- Global Affairs
- Medicine
- Public Health
- Architecture
- Drama
- Divinity
- MBA/PhD
The percentage of Yale School of Management students pursuing combined degrees is close to 15%. To graduate, students must additionally complete a prerequisite in global studies. A worldwide virtual team, a week-long course on global networks, an international experience course, global social entrepreneurship, a system on global social business, or an international exchange with a partner school may all be used to fulfill this need.
FAQs for Yale School of Management
What GPA Does Yale Business School Require to Admit Students?
For the class of 2022 at Yale School of Management, the median undergraduate GPA is 3.65 (based on a 4.0 grading system, where GPA is shown on the transcript).
What Is the Ranking of Yale Business School?
Yale’s business school ranks nine on the U.S. News and World Report’s 2022 List of Best Business Schools.
The University of Pennsylvania’s Wharton School and the University of Chicago’s Booth School of Business are the two most prestigious business schools in the United States, behind Stanford University.
Is There an Online MBA Program at Yale?
Although the institution offers a variety of online learning options, an online-only MBA is not provided. This is a link to the school’s online course offerings.
Online executive programs offered by Yale School of Management Executive Education include decision-making, digital marketing, and corporate sustainability management courses.
Who Is Yale’s School of Management Dean?
As of July 1, 2021, Kerwin Charles is the Yale School of Management’s Indra K. Nooyi Dean.
The Bottom Line
The Yale School of Management at Yale University provides one-year master’s degree programs in systemic risk, asset management, global business and society, advanced management, and full-time and executive MBA programs. Additionally, the institution provides advanced PhD programs in management-related subjects.
The program was started in 1971, and the first class of students enrolled in the institution in 1976. It is situated in New Haven, Connecticut. The 2021–2022 school year’s tuition and fees are $76,770. (Yale School of Management tuition is $74,500. An extra $2,270 is required for the program.) Kerwin K. Charles holds the positions of Frederic D. Wolfe, Professor of Economics, Policy, and Management, and Indra K. Nooyi, Dean at the Yale School of Management.
Conclusion
- Yale University’s business school, Yale School of Management (Yale SOM), is in New Haven, Connecticut.
- The Yale School of Management aims to produce leaders for society and business.
- Yale SOM provides one-year master’s degrees in asset management, advanced management, global business and society, systemic risk, and full-time and executive MBA programs. Additionally, Ph.D.-level study in management is available.
- The 2021–2022 school year’s tuition and fees are $76,770. (Yale School of Management tuition is $74,500. An extra $2,270 is required for the program.)
- With around 350 MBA program spaces and about 100 faculty members, Yale School of Management is one of the smallest business schools in the United States.
