Yale School of Management (Yale Som)

The Yale School of Management, known also as Yale SOM, is the business school of Yale University located in New Haven, Connecticut.

It provides courses in the Master of Business Administration (MBA), Master’s Degree in Systemic Risk), Master of Advanced Management (MAM), MBA for Executives (EMBA), Master’s Degree in Global Business & Society, Master’s Degree in Asset Management, and Doctoral degrees, besides joint degrees with nine other graduate programs.

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Campus: Yale School of Management campus is a part of Ivy-League colleges. The campus in New Haven is home to several historic buildings and parks.

Faculty: Yale SOM’s faculty is drawn from all across the world. The faculty here imparts teaching in disciplines of accounting, economics, finance, management, marketing, organizational behavior, and political science.

Student-Life: Yale SOMers, as the students of this school are referred to, are allowed to be a part of 50 clubs, such as career-oriented, innovation, and education clubs.

Cost of Attendance: The average cost to attend this school is $100,000, of which tuition fees $74,500 is for tuition fees and about $25,000 for living expenses in the US.

Placements: The average yearly salary that newly passed graduates from this school get is $60,000.

Rankings of Yale School of Management

It was ranked #9 by the US News 2022 Rankings in Best Business Schools globally.

Highlights

Type of College	Private
Campus Setting	Urban
Total No. of Academic Programs	7
Application Portal	College Application Portal
Student to Faculty Ratio	6:1
Proficiency score in the English language	TOEFL or equivalent
Financial Aid	Available as scholarships, grants, and awards

MBA Courses Offered at Yale School of Management

• Yale SOM offers various degrees and certificate programs.
• The full-time MBA it offers is a two-year program that has a unique integrated syllabus. The EMBA program is aimed at working professionals who want to improve their necessary expertise.
• Also offered by the school are a Masters of Advanced Management program, a Master’s degree in asset management and Global Business and Society, and Systemic Risk.
• It offers Joint Degree Programs in architecture, drama, environment, law, global affairs, medicine and public health, and others.
• Several executive programs are offered by the school in leadership, marketing, and finance, besides digital programs, partner programs, and Yale Executive Global Leadership Program.

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Accommodation at Yale School of Management

The campus of school is housed in the Edward P. Evans Hall, a modern building located on the northern side of the Campus of Yale University.

Constructed in 2014, the Edward P. Evans Hall is spread across an area of 240,000 square feet and contains 16 modern classrooms, 13 interview rooms, 22 breakout rooms, three library spaces, a dining area, a Terrace room, coffee shop, a lecture room housing an outdoor terrace, faculty offices, academic centers, an enclosed courtyard, and meeting spaces.

In the heart of the school are the courtyards. It provides an outdoor space to study and mingle and connects Evans Hall to other colleges and buildings on the Yale University campus. It was designed considering sustainability. Owing to that, requirements for maintenance and irrigation are low owing to native vegetation, and the heat island effect has also been cut down because of underground parking. Most of the materials and resources for the construction have been acquired from landfills.

Accommodation at the Yale School of Management

• The school provides accommodation through dormitories and apartments. This is, however, only for graduates and professional students of Yale.
• Housing is available in apartments and dormitories, such as Prospect Street, Harkness Hall, Divinity School, Mansfield, white hall, York-crown, Baker hall, Elm street, etc.
• In each of the halls, there are facilities for study spaces, kitchens, connecting spaces, and laundry, among others.
• The costs of these various halls vary and cost up to $10,000 per semester.
• The school also hosts a housing website where off-campus accommodation alternatives for all its students are listed. Here, information is provided on property rentals and on-sale houses through and close to the area in greater New Haven.

Application Process of the Yale School of Management

Foreign students who wish to study at Yale School of Management need to submit some additional certificates such as proficiency in the English language, visa, and more.

Application portal: The College has different application portals for each of the programs.

Application Fee: $250

Crucial Admission Requirements:

• A four-year bachelor’s degree from a recognized educational institution.
• GPA, ranging from 3.34 to 3.92, equivalent to at least 83%
• Statement of purpose (SOP)
• Academic Transcripts
• Letters of recommendation (LORs)
• Responses to all video questions
• Official GMAT ((required median score in GMAT is 680 to 760)/ GRE score (Required median score in GRE is 160 to 170)
• Résumé
• Interview

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Fees at Yale School of Management

A breakup of expected expenses for all the potential students of the school in the next sessional year is as follows:

Expense Category	Cost (USD)
Tuition Fee	75,207
Program Fee	465
Room, Board, and Personal Expenses	24,319
Textbooks and Photocopies	945
Health Insurance	25,979

Scholarships Provided by the Yale School of Management

The Yale SOM provides different types of scholarships for foreign students to pursue education in the USA, including Scholarships by Area of Interest, General Merit Scholarships, MBA for Executives Scholarships, Joint Degree Scholarships, International Scholarships, and more.

Details of a Few of the International Scholarships:

• Chapman Scholarship- Merit-based scholarships granted to MBA students hailing from Africa, China, India, and Commonwealth countries.
• Yale Global Executive Leadership Program MBA Scholarship- Granted to full-time students of MBA who display ethical guidance and dedication.
• Global Leaders from India MBA Scholarship Program- Awarded to full-time Indian MBA students with solid educational and professional achievements.

Yale SOM provides various other types of scholarships to overseas students hailing from Europe, Africa, Israel, China and Middle-East Asia too. The school partners with other organizations offers various scholarships also based on the area of interest and course in which a student is registered.

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

Alumni Network of Yale School of Management

• The alumni network of Yale is a cohesive community that offers career guidance and industry perceptions to recently graduated students.
• The School also encourages its alumni through guidance programs that help students to forge a relationship with those who show expertise in their fields.
• The school’s databases allow its students to look for alumni employed in different industries and associate with them.

Placements Provided by the Yale School of Management

The school has a career development center in place to organize the graduate and alumnus employment and helps them connect with renowned employers.

The school has several hiring policies and it also allies with many employers and organizations to recruit young Yale talents. The average income package that the school’s graduates get is $67,000.

Designation	Average Salary Package (USD)
Operations Director	130,000
Demand Generation Specialist	67,000
Finance Manager	77,000
Product Manager, eCommerce	60,000
Registered Nurse (RN	50,000