History and Academics
- Yale University expanded coursework offerings in business and organization management in the 1950s.
- The Department of Industrial Administration conferred the master in industrial administration from 1958 through 1973.
- Professors Thomas Holmes, Chris Argyris, and David Votaw played key roles in founding the MIA.
- In 1971, Yale University received a donation from Frederick W. Beinecke, leading to the establishment of a program in management.
- The school changed its name to the Yale School of Management in 1994 and began offering an MBA degree in 1999.
- The school introduced its Integrated Curriculum in 2006, moving away from the traditional siloed teaching approach.
- The curriculum consists of foundational skills classes in a program called Orientation to Management and a set of classes called Organizational Perspectives.
- Orientation to Management introduces students to core concepts and business skills.
- Organizational Perspectives is a series of interdisciplinary, team-taught master classes that focus on different stakeholders' perspectives.
- MBA candidates can take elective courses at the School of Management and other graduate and professional schools at Yale University.
Global Studies Requirement
- MBA candidates are required to fulfill a Global Studies Requirement before graduation.
- This requirement can be met through various options such as international experience courses, global network weeks, or international exchanges with partner schools.
- The Global Social Entrepreneurship Course and Global Social Enterprise Course also fulfill the requirement.
- The Global Studies Requirement aims to provide students with a global perspective and understanding of business challenges.
- It enhances students' cross-cultural competency and prepares them for the global business environment.
Admission and Campus
- Admission requirements for the MBA program include a four-year bachelor's degree, completion of an online application form and essay, GMAT or GRE score, academic transcripts, and two professional recommendations.
- Applicants also need to complete video questions and a behavioral assessment.
- The MBA class of 2023 had a diverse composition, with 20% underrepresented students of color and 9% first-generation college graduates.
- Matriculating students represented 38 different countries and 176 different academic institutions.
- The Yale School of Management's campus is located in New Haven, Connecticut.
- The campus includes the Edward P. Evans Hall, which opened in 2014.
- Evans Hall was designed by Foster and Partners, chaired by Lord Norman Foster.
- The building houses technology-enabled classrooms, faculty offices, academic centers, and student and meeting spaces.
Rankings and Degrees
- Yale is consistently ranked in the top ten by Poets and Quants over the past eight years.
- Applications to Yale increased by 46% from 2011 to 2017, the highest among peer schools.
- In 2017, Yale had the second-highest total academic quality of incoming class, only behind Stanford.
- Yale's alumni had higher median pay compared to Columbia, MIT, and U Chicago, despite more students pursuing non-profit work.
- Yale ranked number one in U.S. News & World Report's 2017 Best Non-Profit MBA Rankings.
- Yale SOM offers several postgraduate degrees, including the two-year MBA, MBA for Executives, Master of Advanced Management (MAM), Masters of Management Studies in Systemic Risk, and various doctorate degrees.
- The MBA program is a traditional full-time, two-year program with a wide array of core courses and electives.
- The MBA for Executives program includes 71 students, with a focus on healthcare, asset management, or sustainability.
- The MAM program is a one-year degree for international MBA graduates.
- The Master of Management Studies programs specialize in systemic risk and asset management.
- Yale SOM offers joint-degree programs with various other Yale schools, including Law, Medicine, Arts and Sciences, Forestry and Environmental Studies, Architecture, Drama, Divinity, Public Health, and Global Affairs.
Community, Alumni, and Research
- Students at the School are called Yalies or SOMers.
- There are over 40 MBA student clubs, including career-oriented clubs and clinic-type clubs.
- Athletic clubs, such as soccer, frisbee, crew, rugby, skiing, and squash, are also available.
- The School raised over $3.9 million from alumni in fiscal year 2018.
- SOM has the second-highest alumni participation in annual charitable contributions among business schools.
- Graduating classes have a high contribution rate towards their class gifts.
- The average donation size is $900.
- The School is home to various research centers and programs, including the Center for Business and Environment.
- Other centers and programs include the Center for Customer Insights, International Center for Finance, and Chief Executive Leadership Institute.
- The Yale Program on Financial Stability provides research and training on risk management in global financial markets.
- The Yale Center Beijing supports research and study from all of the University's schools and divisions.
- The School has a strong focus on entrepreneurship and social enterprise.
The Yale School of Management (also known as Yale SOM) is the graduate business school of Yale University, a private research 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 (SR), Master's Degree in Global Business & Society (GBS), Master's Degree in Asset Management (AM), and Ph.D. degrees, as well as joint degrees with nine other graduate programs at Yale University.
Motto | Novus Ordo Seclorum (Latin) |
---|---|
Motto in English | "A New Order of the Ages" "Educating Leaders for Business and Society" |
Type | Private business school |
Established | 1976 |
Parent institution | Yale University |
Endowment | $1.26 billion |
Budget | $125.4 million |
Dean | Kerwin Kofi Charles |
Academic staff | 90 (including joint faculty) |
Postgraduates | 972, including: 666 MBA 70 MAM 134 EMBA 32 MGBS 11 MSR |
59 PhD | |
Location | ,, United States 41°18′55″N 72°55′13″W / 41.31528°N 72.92028°W |
Website | som |
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.