[Updated] Yale University MBA – Cost | Review |Requirements

Yale School of Management MBA
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Yale School of Management MBA

Introduction

  • Yale University, amongst its several offerings, provides a distinct MBA program, run by its School of Management.
  • The curriculum of this AACSB-accredited program incorporates the study of real-life scenarios which trains its students to tackle whatever challenges they might encounter in the careers and managerial professional fields.
  • Mandatory for all students is the completion of the Leadership Development Program as well a fulfillment of the global studies requirement, which is inclusive of a trip abroad. Students enrolled in this program are required to take electives from other departments in order to provide them with a well-rounded perspective.

List of Courses Offered

The departments and concentrations offered in this program are:

  • Accounting
  • Economics
  • Entrepreneurship
  • Ethics
  • Finance
  • General management
  • Health care administration
  • Human resources management

The Yale School of Management was ranked as number 15 among the Global MBA Ranking by Financial Times in 2018.

Duration

  • Students can complete the MBA program at Yale School of Management in 18 months.

Cost Structure

  • For the full-time MBA program, the tuition is $66,650 per year. The total cost of the executive MBA program is $172,000.

Eligibility Requirements

  • Academic background: To be considered eligible, applicants are required to submit an undergraduate degree from an accredited U.S. university or its international equivalent.
  • Work Experience: Applicants are expected to have a minimum of five years of post-undergraduate work experience to be considered eligible for the program.
  • Language: There is no language test requirement for international students.

Accreditation

  • The Yale School of Management is accredited by the AACSB.

Rankings

  • According to U.S. News and World Report, Yale School of Management ranks at No. 11 (tie) in Best Business Schools
  • The MBA program offered by Yale School of Management ranks as the No. 3 Best Green MBA according to Global MBA Ranking by Global Times (FT)
  • It also ranks at No. 9 Best MBA for Management according to Global MBA Ranking by Global Times (FT)

GMAT Requirements

  • Applicants are required to submit either a GMAT, GRE or Executive Assessment (EA) score to be considered eligible for admission.
  • There is no specified minimum test score for the application.
  • The GMAT score range for students enrolled is 540 – 780.
  • The average GMAT score for students enrolled in the program is 730.
  • The GMAT/GRE test score must not be older than 5 years to be considered valid.

Class Profile

  • The number of students enrolled in this program is 334
  • The average undergraduate GPA of students enrolled in the program is 3.65
  • The average age of students enrolled in the program is 24
  • The gender distribution of the program is 57% male and 43%, female
  • The average potential salary of graduates of this program is $150,000

Scholarships

The Yale School of Management offers several scholarships and financial aid for its student body. The available options include:

  • General merit scholarships
  • Scholarships by area of interest
  • Scholarships for unrepresented students in U.S. management education

Acceptance Rate

  • The acceptance rate of the program it’s 17%.

Application Deadlines

The deadlines for admission are as follows:

  • Round 1 – Sept 12
  • Round 2 – Jan 7
  • Round 3 – April 18

Application Procedure

The following procedures are required for application to the program:

  • Applicants are required to apply online via the program’s application portal.
  • Applicants are also required to submit their official transcripts from all colleges attended.
  • Applicants are also expected to submit a concise resume (suggested length of 1-2 pages) showing candidate’s work experience.
  • 2 admissions essays (500 words each) must equally be submitted by each applicant
  • Payment of $225 application fee

Frequently Asked Questions

Q 1: Is there a minimum GMAT/GRE score for admission to this program?

Ans: No. The Yale School of Management does not indicate a specific minimum score for the standardized tests.

Q 2: Is the program accredited?

Ans: Yes. The MBA offered by the Yale School of Management is approved by the AACSB.

Q 3: Can I be admitted if my undergraduate GPA is lower than average 3.0?

Ans: Yes. The Yale School of Management keeps is open to reviewing each application in terms of the applicant’s uniqueness and strong points. So even applicants with a less than average GPA may be considered for admission.

Q 4: Are there any veteran benefits?

Ans: Yes. Veterans and members of the military can gain access to unique scholarships and financial aid as can be accessed on the school’s military benefits page.

Q 5: What is the potential salary of graduates of this program?

Ans: The average salary of graduates of this program is $150,000.

Q 6: What concentrations are offered in this program?

Ans: The concentrations offered are: accounting, economics, entrepreneurship, ethics, finance, general management, health care administration, human resources management, international business, leadership, marketing, not-for-profit management, production/operations management, organizational behavior, portfolio management, public administration, supply chain management/logistics, and quantitative analysis/statistics and operations research.

Contact Information

  • Yale School of Management
  • Edwards P. Evans Hall
  • 165 Whitney Avenue
  • P.O. Box 208200
  • New Haven, CT 06520-8200
  • Phone Number: 203-436-2540
  • Email: advanced.management@yale.edu

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