Discover the Prestigious Yale School of Management
Yale School of Management (Yale SOM) is Yale University’s graduate business school. It offers MBA and Ph.D. level programs and is known for its focus on finance and ethics. The school has introduced a new integrated curriculum that incorporates a brief period of foreign study with organizational and employee analysis.
Key Highlights
- Yale School of Management (Yale SOM) is Yale University’s renowned business school, located in New Haven, CT.
- Yale SOM aims to educate leaders for business and society.
- The school provides full-time and executive MBA degrees, one-year master’s degrees in systemic risk, global business and society, asset management, and advanced management. It also offers Ph.D. programs.
- For the academic year 2021-2022, the total tuition and fees are $76,770, which is slightly higher than many other notable business schools.
- With nearly 100 faculty and roughly 350 slots in its MBA program, Yale SOM is one of the smaller business schools in the United States.
Understanding the Yale School of Management
Yale School of Management, based in New Haven, Connecticut, welcomed its first class in 1976 after being established in 1971 due to a generous donation. The school’s mission is shaped by three primary objectives:
- Be the business school most integrated with its home university
- Be the most distinctively global U.S. business school
- Be recognized as the best source of elevated leaders for all sectors and regions
Diverse Programs at Yale SOM
Yale School of Management offers various graduate study programs. Aside from the standard two-year Master of Business Administration (MBA), it also provides the following:
- Executive MBA for working professionals
- Master of Advanced Management for graduates of member schools of the Global Network for Advanced Management
- Master’s in asset management
- Master’s in systemic risk
- Master’s in global business and society
- Ph.D. programs
- Executive education programs
The doctoral program at Yale SOM is a full-time, onsite program aimed at students pursuing scholarly careers involving research and teaching in management.
Admission Standards at Yale SOM
As one of the more petite business schools in America with about 100 faculty and 350 MBA spots, admission to Yale SOM is highly competitive. Typically, around 25% of applicants are accepted for its prestigious MBA program. Distinguished alumni include Jane Mendillo, D. Ellen Shuman, and Sandra Urie.
Tuition and Fees at Yale SOM
For the 2021-2022 academic year, Yale SOM’s total tuition and fees are $76,770 (including $74,500 in tuition and a $2,270 program fee). Living expenses for a single student, which includes shared housing and a modest lifestyle, are budgeted at $27,982, resulting in a total single student budget of $104,752.
By comparison, the MBA tuition at Harvard Business School is $73,440, and at The University of Chicago Booth School of Business, it is $72,000, excluding fees and living expenses.
Strong Connection to Yale University
Yale SOM endeavors to maintain a strong link with Yale University, offering ten joint degree programs:
- Asset Management
- Law
- Environment
- Global Affairs
- Medicine
- Public Health
- Architecture
- Drama
- Divinity
- MBA/PhD
Approximately 15% of Yale SOM students pursue joint degrees. Additionally, to graduate, students are required to meet a global studies requirement through various international experience opportunities.
FAQs About Yale School of Management
What GPA Is Required to Get Into Yale Business School?
For the Class of 2022, the median undergraduate GPA was 3.65.
What Is Yale Business School’s Ranking?
U.S. News and World Report’s 2022 List of Best Business Schools ranked Yale SOM at number nine in the U.S.
Does Yale Have an Online MBA Program?
While Yale SOM offers various online learning programs, it does not provide an online-only MBA degree.
Who Is the Dean of Yale’s School of Management?
Kerwin Charles has been the Indra K. Nooyi Dean of the Yale School of Management since July 1, 2021.
Conclusion
Yale University’s School of Management offers a variety of prestigious programs including MBA degrees in both full-time and executive formats and one-year master’s degree programs in systemic risk, global business and society, asset management, and advanced management. Located in New Haven, Connecticut, the institution began in 1971 and welcomed its first class in 1976. As of the 2021-2022 academic year, complete tuition and fees reach $76,770. Leading the school is Kerwin K. Charles, Indra K. Nooyi Dean and Frederic D. Wolfe Professor of Economics, Policy, and Management.
Related Terms: Harvard Business School, Wharton School, Stanford Business School, University of Chicago Booth School of Business.
References
- Yale. “Our Integrated Core Curriculum”.
- Yale. “About Yale University”.
- Yale School of Management. “Doctoral Programs”.
- Yale School of Management. “Master’s Degree in Global Business and Society”.
- Yale School of Management. “Master’s Degree in Systemic Risk”.
- Yale School of Management. “Master of Advanced Management”.
- Yale School of Management. “MBA For Executives: Elevate Your Leadership”.
- Yale School of Management, “Class Profile: Class of 2022”.
- Poets & Quants. “MBA Apps Rise 8.1% At Yale SOM, After A Two-Year Decline”.
- Yale School of Management. “Cost Information”.
- The University of Chicago Booth School of Business. “Full-Time MBA Cost”.
- Harvard Business School. “Annual Cost of Attendance”.
- Yale School of Management. “Joint Degrees”.
- Yale School of Management. “Joint Degree Programs”, Page 2.
- Yale School of Management. “Class Profile: Class of 2022”.
- U.S. News and World Report. “2022 Best Business Schools”.
- Yale School of Management. “Digital Programs”.
- Yale School of Management. “Economist Kerwin Charles Named Next Dean of Yale SOM”.
