Yale SOM MBA News
Get the latest MBA news from Yale SOM.
Yale School of Management Implements Sliding Scale Application Fee Structure
Yale School of Management (SOM) yesterday announced that its 2014-2015 MBA application is now live. While the application itself features no major changes from last year’s, the school is implementing a new sliding scale application fee structure designed to increase access for applicants from lower-wage regions and industries or who are still in school or at the beginning of their careers. Most applicants will pay the standard $225 application fee, but applicants whose total compensation is less than $20,000 a year will pay $175, and those with a total compensation of less than $10,000 will pay $125. Compensation information
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Yale School of Management to Host First Global Network Week for Faculty
Yale School of Management (SOM) next week will welcome faculty members from the 27 business schools that are members of the Global Network for Advanced Management as part of a four-day program designed to foster collaboration around issues of sustainability.
The program, organized by the Yale Center for Business and the Environment, will begin on July 21st. The faculty event is an outgrowth of the network’s successful Global Network Weeks, which drew together students from the various member schools for weeklong courses with colleagues from peer schools.
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Fridays From the Frontline
Hello and welcome to Fridays from the Frontline, Clear Admit's weekly exhaustive enumeration of the enterprising entries in the b-school blogosphere. This week, current applicants are in full GMAT prep-mode, contemplating choice of schools and full versus part-time programs, while the Class of 2016 is looking forward to starting their MBA programs in just a few short weeks, and all the life and career changes that will bring. This week we also welcome blogger QuietTiger81, who is sharing his perspective as a second year student at Oxford.
MBAonMyMind has added YaleSOM to the tally board, given the school's focus on social impact businesses, and with three weeks into GMAT prep, all is going according to plan. With a GMAT prep plan of his own, GrantMeAdmission is gaining on his 760 goal with three life hacks to help him stay focused and positive. GrantMeAdmission also takes some time to discuss the pros and cons of doing a part-time MBA, and why he chose to go the full-time route.
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Yale School of Management Hosts Annual Pre-MBA Leadership Program
Yale School of Management (SOM) today kicked off its annual Pre-MBA Leadership Program, welcoming 59 students from 24 countries to its New Haven campus.
Now in its fifth year, the two-week program targets second-, third- and fourth-year university students, as well as recent graduates, from under-represented minority populations. Two years ago, the program expanded to also include students from universities in the Global Network for Advanced Management, a consortium of 27 leading business schools from around the world.
The intention of the program is to provide participants with an introduction to MBA coursework and associated potential career paths while helping develop their leadership skills and providing them with valuable networking opportunities. Programming includes compressed versions of several of SOM’s core curriculum courses, including classes in operations, microeconomics and accounting.
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Trivia Tuesday: The Yale SOM Grading System
It’s time again for Trivia Tuesday, in which we examine the distinctive elements that separate the leading MBA programs from their peers. This week, we’re taking a peek into the Clear Admit School Guide to the Yale School of Management in order to share with you an excerpt about the program’s grading policies and grade non-disclosure.
“Rather than using numerical or letter grades as a measure of a student’s performance in a course, Yale SOM’s grading system is more closely akin to a pass/fail model. Professors can assign students one of the following four grades: Distinction, Proficient, Pass or Fail. The highest, Distinction, is reserved for unusually high-quality work and is awarded to no more than 10 percent of students taking the course. Meanwhile, Proficient denotes a normal level of achievement in coursework and comfort with the subject matter. Though a grade of Pass is a positive signal at most schools, Yale’s reflects performance that did not meet the level of proficiency, yet was not so lacking that it warranted a failing grade. Finally, the grade Fail reflects a level of
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Yale School of Management to Operate New Leadership Center in Beijing
New center's floor plan; Rendering by M Moser Associates.
The Yale School of Management (SOM) will launch and operate a new Beijing center to host leadership programming by schools and centers from across Yale University, the school announced late last month. To inaugurate the new Yale Leadership Center, Yale SOM will host a major conference next fall underscoring the university’s far-reaching engagement with China.
The new center is located in Beijing’s central Chaoyang District and will feature advanced technological capabilities to connect Beijing with New Haven and other points around the world for meaningful dialog, the school reports. The center will be home to research, conferences and professional and executive education. It will also provide office spaces for Yale faculty use when in Beijing as well as flexible work space for SOM’s MBA, MAM and PhD students.
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Published: April 20, 2014
Yale School of Management Deepens Its Commitment to Entrepreneurship
The Yale School of Management (SOM) last week announced the launch of a formal Entrepreneurship Program, which will feature expanded course offerings and enhanced recruitment of entrepreneurial faculty and students. It also appointed a new director of entrepreneurial programs and pledged new scholarships and financial support to entrepreneurial students—all as part of a major new commitment to entrepreneurship at the school.
Kyle Jensen, PhD, was appointed the inaugural Shanna and Eric Bass ’05 Director of Entrepreneurial Programs and lecturer in entrepreneurship on April 17th. Beginning his official duties on July 1st, Jensen will design and teach entrepreneurship courses, recruit and advise student entrepreneurs, establish programming to complements the work of the Yale Entrepreneurial Institute (YEI) and more.
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Published: April 16, 2014
Deans of Leading Business Schools Descend on the White House
The deans of more than a dozen leading business schools took leave from their campuses yesterday to head to the White House, where they met with senior advisors preparing for the White House Summit on Working Families. The White House is seeking input from a range of stakeholders to identify best practices to develop workplaces that better meet the needs of women and working families.
“We did not think this goal could be achieved without thinking of the business leaders of tomorrow, and that is why today, we met with a group of deans from our nation’s leading business schools to discuss best practices for business schools that can better prepare their students for the increasing importance of women in the labor force and the prevalence of employees with families where all parents work,” read a post on the White House Blog.
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New Partnership Will Help Yale School of Management Students Focus on Sustainability
The Yale School of Management (SOM) has forged a new partnership with the Yale School of Forestry & Environmental Studies (F&ES) and the World Business Council for Sustainable Development (WBCSD) that will give students an opportunity to work together with global business leaders to address critical sustainability issues, the school announced yesterday.
The new partnership will connect Yale students and faculty with business leaders from across the WBCSD network, with the aim being to inspire new management practices that better address today’s business challenges as they relate to sustainability, according to an article yesterday in the Yale News. The partnership will focus its efforts on the 25-school Global Network for Advanced Management, which was established by SOM Dean Edward Snyder in 2012.
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April Campus Visit Dates Available at Yale School of Management
Yale School of Management (SOM) welcomes prospective applicants to come visit its New Haven campus this spring as part of its Campus Visit Program, according to a recent Admissions Corner blog post by Associate Director Kristen Shockley.
“Our globe-trotting students have just returned to campus from their International Experience trips and Global Network Weeks and our campus visit program is poised to host visitors from near and far in their search for the right business school,” she writes.
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Published: February 24, 2014
Yale Entrepreneurial Institute Innovation Fund Awards First $100,000
A fund launched by Yale University last fall has awarded its first $100,000 to a start-up launched by Yale School of Management (SOM) students with a unique product for treating acid reflux.
The Yale Entrepreneurship Institute (YEI) Innovation Fund was launched in September 2013 by Yale University, Connecticut Innovations and First Niagara Bank to provide early-stage funds to promising start-ups coming out of YEI. Startup firm Eli Nutrition, Inc., maker of a new antacid called Tummyzen, snagged the first $100,000 investment, the school announced this week.
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Published: February 12, 2014
Yale SOM MBA Admissions Interview Questions: Round 2 / Second-year student / On-Campus
The ADCOM prepared a full day of activities, including class visit and lunch with first year students. The atmosphere was friendly; it was clear that the interviewer was in my shoes 2 years ago. He had an A4 sheet of paper with some questions and a couple of rows to write below each question. He stated that the ADCOM had given him such forms to fill out and apologized in advance for sounding “robotic”. He stated some of the facts you point out in your interview guide: the interview is only one component of the application; I have not seen
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Published: December 9, 2013
Yale School of Management Expands EMBA to Include Asset Management, Sustainability Focuses
Students in Yale School of Management (SOM)’s Executive MBA (EMBA) program will soon be able to select asset management or sustainability as a focus for their studies, the school announced yesterday. Yale SOM is now enrolling students interested in either of these specialties for fall 2014.
The EMBA program at Yale launched in 2005, initially targeting students from the healthcare sector. The program is designed to provide students with a strong business foundation complemented by in-depth study of a particular industry or sector.
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Published: September 11, 2013
Career Services Director Q&A: Yale School of Management’s Julia Zupko
Julia Zupko joined Yale School of Management (SOM) as assistant dean and director of the Career Development Office in March 2012, bringing with her more than a decade of career services expertise honed at the University of Chicago Booth School of Business. At Chicago Booth, Zupko helped expand career services into several sectors, including nonprofit and government work, and directed career management operations at Booth’s campuses in London and Singapore.
In her first full year at Yale SOM, Zupko restructured the organization of the Career Development Office in an effort to improve efficiency and strengthen recruitment. Under her helm, the school’s annual SuperWeek in January drew a record 11 investment banks to campus. The overall number of companies coming to recruit Yale SOM students throughout the year also increased.
Read on to learn from Zupko herself about how Yale SOM teaches “career skills for life,” how her team helps students steer clear of the “herd effect” and more.
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Yale School of Management Debuts Two New SPOCS for Global Network Schools
The Yale School of Management (SOM) last week announced that it will offer two new virtual courses to its students as well as to students from the 22 other schools within the Global Network for Advanced Management. The courses, one in competition law and another in mobile banking opportunities, are an example of the growth of small online private courses (SPOCs), which some schools are beginning to offer instead of or in addition to massive open online courses (MOOCs).
Yale SOM faculty will teach the two new digital courses, and their lectures will be streamed via the web. Participating students will collaborate on virtual project work as part of teams with students from other schools around the globe. Madrid’s IE Business School, a member of the Global Network, will provide and manage the technology platform to support the courses.
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U.S. News Ranks 10 Full-Time MBA Programs That Lead to Highest Student Debt
As part of its Short List series, U.S. News & World Report today took a closer look at the student debt load incurred by full-time MBA students graduating from top business school programs. According to data provided by schools as part of its annual ranking, U.S. News found that full-time MBA graduates in 2012 emerged with an average of $49,619 in debt. At the 10 schools where graduates incurred the most student debt, the average per student was $97,154.
Graduates of New York University’s Stern School of Business top the list in terms of average debt. There, the average graduate has a debt load of $105,782. Six figure debt is also the norm for graduates from the University of Virginia's Darden Graduate School of Business Administration, the Fuqua School of Business at Duke University and the Massachusetts Institute of Technology's Sloan School of Management, U.S. News reports.
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Six Yale SOM Students Selected for Yale Entrepreneurial Institute Fellowships
Five current MBA students and one recent graduate of the Yale School of Management (SOM) have been selected through a competitive process to be among this summer’s fellows at the Yale Entrepreneurial Institute (YEI), the school announced earlier this month. To date, the YEI Summer Fellowship – open to students and teams throughout the university – has accelerated more than 70 Yale student business ventures, which have raised $60.5 million in outside financing and created more than 210 new jobs.
Not only will this year’s six SOM students get to spend the summer developing their ventures at the YEI, they also will benefit from financial support, a work space, mentoring, entrepreneur-led workshops and opportunities to network with potential investors. Selected teams receive stipends from YEI for the summer of up to $20,000 per team, which supports living expenses and initial start-up costs, access to legal, accounting and marketing corporate partners and more.
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Yale SOM Admissions Director Updates Clear Admit on Video Interviews, Other Application Elements
The Yale School of Management (SOM) will formally incorporate a brief video interview as part of its application process in upcoming admission seasons, Assistant Dean and Director of MBA Admissions Bruce DelMonico shared with the Clear Admit team recently. He also provided more detail about the tests Yale SOM has been using to assess the emotional intelligence of its applicants and shared that his team will eliminate the English-language test requirement that has until now been required of some applicants.
Some Round 3 applicants to Yale SOM in the most recent application season reported that they were asked to respond to an interview question via video. In an effort to learn more about this development, we reached out to DelMonico directly, who shared the following details with us.
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Student-Run Fund at Yale School of Management to Support 33 Nonprofit, Public Sector Summer Internships
Continuing a tradition dating back to the earliest years of the school, students at the Yale School of Management (SOM) have raised more than $88,000 this spring to provide stipends to students who pursue summer internships in the nonprofit and public sectors, which often pay little to no salary. The monies raised by the student-run Class of 2014 Internship Fund will support 33 students this year, the school announced.
This year’s fundraising campaign included several events centered around the theme of “All for SOM and SOM for All.” “We all worked together to support the fund and to create the community that is Yale SOM,” Bukky Olowude '14, co-chair of the campaign, said in a statement.
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Published: August 13, 2012
Admissions Director Q&A: Bruce DelMonico of the Yale School of Management
Our 2014 Admissions Director Q&A with Bruce DelMonico, the Admissions Director of the Yale School of Management, is now available.
Yale School of Management (SOM) Admissions Director Bruce DelMonico recently took time out of his busy schedule to bring us up to speed on things in New Haven. A lawyer by training, DelMonico grew tired of sleeping in his office and traveling for weeks on end, so in October 2004 he joined Yale SOM as deputy director of admissions in his native New Haven, Connecticut. He assumed the role of admissions director in November 2006.
There are lots of things to be excited about in the coming year at Yale SOM, DelMonico tells us. A new dean, Dean Edward Snyder, has been at the helm for the past year, helping to put into motion several exciting new developments, including the launch of a new Global Network for Advanced Management and the re-launch of the school’s Leadership Development Program. Construction continues, meanwhile, on a new home for the business school called Evan Hall, designed by famed architect Lord Norman Foster.
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