The first students of Yale School of Management arrived in 1976, full 5 years after the University received a bequest from Frederick W. Beinecke for creating a management-related program. Their mission was clear from day one – educating leaders for business and society. The full-time Yale MBA program is for two years.
The faculty and board of Yale SoM are following a three-pronged strategy to reach this objective – closer integration with the home university, creating and maintaining a reputation as a global U.S. B-school, and striving to be recognized as the best source of leaders for all sectors.
If Yale School of Management (SOM) is your target business school, this article will help you in researching the class profile of 2024, and the career prospects its full-time MBA program can offer you.
Yale SoM MBA Program – Overview
Location
Yale School of Management
165 Whitney Avenue
New Haven, CT 06511-3729
Admissions Office (mailing address)
Yale School of Management
Full-Time MBA Program
Box 208200
New Haven, CT 06520-8200
Email: mba.admissions@yale.edu
Social media – Facebook, Twitter, YouTube, LinkedIn, Instagram
Below are the details of the Yale School of Management full-time MBA program’s class profile, cost of attendance, and median salary. Here is the list of the total cost (tuition fee + living expenses) of top MBA programs across the world.
S. No. | Yale School of Management MBA | Numbers |
1 | Average GMAT | 723 |
2 | Average GPA | 3.65 |
3 | Class Size | 350 |
4 | GMAT Range (middle 80%) | 690 – 760 |
5 | MBA Tuition + Program Fees 2022-2023 | $79,000 |
6 | % Received Job offer post-graduation | 96.1% |
7 | Median Base Salary | $160,000 |
8 | Median Signing Bonus | $30,000 |
Getting into Yale requires a good GMAT score
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Yale School of Management Class Profile 2024
Here are the detailed statistics on the Yale MBA class of 2024.
Enrolled | 347 |
GMAT Score Range (Middle 80%) | 690-760 |
Undergraduate GPA | 3.69 |
Undergraduate GPA Range | 3.34-3.90 |
% of women in the class | 43% |
% of international citizens | 48% |
5-Year Trend for Yale School MBA Class Profile |
S.No | Yale School of Business | 2020 | 2021 | 2022 | 2023 | 2024 |
1 | Avg GMAT | 724 | 720 | 720 | 730 | 723 |
2 | Avg GPA | 3.67 | 3.66 | 3.65 | 3.69 | 3.65 |
3 | Class Size | 346 | 312 | 350 | 349 | 347 |
4 | Work Experience (Average) | 4.4 years | 4.7 | |||
5 | Tuition Cost (per year/Single student)* | $79,000 | $79,000 | $79,000 | ||
6 | % of students reported jobs received after 90 days | 90.2% | 96% | 96.1% | ||
7 | Median Base Salary | $140,000 | $140,000 | $160,000 | ||
8 | Median Signing Bonus | $30,000 | $30,000 | $30,000 |
Pre-MBA Industry of Yale SoM class
The Financial Services industry sent the most number of students to Yale SoM–20%. This was followed closely by Consulting at 19%, breaking away from the usual MBA trends, Non-profit (12%) and Government sectors (9%) sent in a considerable number of students.
Pre-MBA Industry – Yale SoM incoming class of 2024 | Percentage |
Financial Services | 20% |
Consulting | 19% |
Non-profit | 12% |
Technology | 12% |
Government | 9% |
Health Care | 7% |
Manufacturing | 5% |
Energy | 4% |
Entertainment & Media | 4% |
Consumer Packaged Goods | 3% |
Real estate | 2% |
Retail | 2% |
Others | 1% |
Yale School of Management MBA Application Deadlines 2023
Yale SoM requires a 4-year bachelor’s degree from an accredited US institution or an international equivalent. The candidates must apply online and attach all the required documents. These are – transcripts from the college, 2 recommendations, complete video questions, GRE/GMAT scores, and the application fee. The shortlisted candidates are invited for the final interview.
As always, the competition is fierce, and it is very important that you have your application ready by Round 1 or Round 2. Learn here why applying in Round 1 or Round 2 is important.
Yale SoM Application Round | Application Deadline | Admissions Decision |
Round 1 | September 13, 2022 | December 06, 2022 |
Round 2 | January 05, 2023 | March 24, 2023 |
Round 3 | April 11, 2023 | May 18, 2023 |
Aspiring to pursue your MBA at Yale? Here is a list of articles related to the Yale MBA Program: Yale SoM MBA Essay Analysis and Tips for 2022 intake, Yale SOM Announces a STEM Concentration for its MBA Program, What is a good GMAT score for Yale School of Management
Getting into Yale requires a good GMAT score
We can help you with a personalized study plan and give you access to quality online content to prepare. Write to us at acethegmat@e-gmat.com.
We are the most reviewed GMAT prep company on GMATClub, with more than 2400 reviews.
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Yale MBA Employment Report and Salaries 2022
The MBA graduates of Yale SoM find employment in a wide variety of industries. By far the largest number of graduates are hired in the Consultancy sector – 46%. Assorted Finance companies (investment banking, investment management, Private Equity/VC, and diversified financial services) and Technology come next with 21.7% & 7.6%, respectively.
Here’s a detailed look at the employment statistics by industry, job function, and location.
Employment by Industry
Consulting companies recruited the maximum number of Yale MBA graduates. They accounted for almost half of the jobs taken on by the students. However, Finance: Investment Banking recruits were the best paid with a median base annual salary of $175,000 and a median signing bonus of $50,000.
Below is the detailed employment report of the Yale School of Management’s graduating class of 2022.
Industry | Percentage | Median Base Annual Salary | Median Sign-on Bonus |
Consulting | 46.0% | $175,000 | $30,000 |
Investment Banking | 9.9% | $175,000 | $50,000 |
Investment Management | 4.6% | $140,000 | |
Diversified Financial Services | 3.0% | $133,500 | $30,000 |
Venture Capital | 2.3% | $128,000 | |
Private Equity | 1.9% | $150,000 | |
Technology | 7.6% | $146,000 | $25,000 |
Retail E-commerce | 6.1% | $142,000 | $75,150 |
Retail Others | 0.4% | ||
Consumer Packaged goods | 4.9% | $112,000 | $27,500 |
Healthcare/ Pharmaceuticals | 3.8% | $134,000 | $32,500 |
Real Estate | 2.3% | $122,500 | |
Non-Profit | 1.9% | $120,000 | |
Energy | 1.5% | $120,000 | |
Manufacturing | 0.8% | ||
Government | 0.8% | ||
Transportation | 0.8% | ||
Media/ entertainment | 0.8% | ||
Hospitality | 0.4% | ||
Human Capital | 0.4% |
Employment by Function
Breaking all trends Yale SoM graduates overwhelmingly chose Consulting job profiles – 44% of the graduates took up internal and external consultancy roles. Finance/ Accounting job functions made up for 24.6% of the employment offers.
Function Breakdown | Percentage | Median Base Salary | Median Signing Bonus in |
Consulting External | 45.6% | $175,000 | $30,000 |
Consulting Internal/Strategy | 8.0% | $140,000 | $25,000 |
Finance/Accounting | 24.0% | $152,000 | $50,000 |
Marketing / Sales | 11.4% | $134,000 | $35,000 |
General Management | 1.2% | $133,000 | |
Operations/Logistics | 2.7% | $132,600 | $40,000 |
Other | 2.3% | $120,000 | |
Sustainability | 1.9% | $150,000 |
Getting into Yale requires a good GMAT score
We can help you with a personalized study plan and give you access to quality online content to prepare. Write to us at acethegmat@e-gmat.com.
We are the most reviewed GMAT prep company on GMATClub, with more than 2400 reviews as of July 2022.
Why don’t you take a free trial and judge for yourself?
Employment by Region
96.1% of the students received a job offer three months after graduation in 2022. 91.2% of full-time hires were within the US, and 8.8% were international.
Region | Percentage | Median Base Salary by Region |
Northeast | 54.4% | $165,000 |
West | 21.5% | $165,000 |
Southwest | 3.8% | $142,000 |
Mid-Atlantic | 11.0% | $155,000 |
Midwest | 5.9% | $150,000 |
South | 3.4% | $16,000 |
Yale School of Management – Notable Alumni
Following are some of the notable alumni of the Yale School of Management:
- Ken Ofori-Atta, Finance Minister of Ghana; Co-founder, Databank
- Martha Finn Brooks, Board Chair, CARE
- Shirley Yeung, Founder & Managing Partner, Dragonrise Capital
- Rebecca Lilly Brooks, Private Wealth Advisor, Morgan Stanley Private Wealth Management
- Max Ventilla, Founder and CEO, AltSchool
- Adam Blumenthal, Founder and Managing Partner, Blue Wolf Capital Partners
- Xerxes Mullan, CEO, Avestar Capital
- Wendy Davis, CEO, and Founder, GestVision
- Elon Boms, Founder and Managing Director, LaunchCapital; Lecturer in the Practice of Entrepreneurship
- Kelly Smith, Corporate Vice President, New York Life Insurance Company
- Christine Bader, Former Director of Social Responsibility, Amazon
- Indra Nooyi, Chairman, and CEO, PepsiCo
- Matt Rogers, Senior Partner, San Francisco, McKinsey & Company
- Colonel Rich Morales, Head, Department of Systems Engineering, West Point
- Donald Gips, Former U.S. Ambassador to South Africa
- Laszlo Bock, Senior Vice President, People Operations, Google
- Claire Hughes Johnson, Vice President, Google Offers, Google
- John Shrewsberry, President, Wells Fargo Securities
- Fred Terrell, Vice Chairman of Investment Banking, Credit Suisse
Other MBA programs you should consider
Stretch Schools: Harvard, Wharton, Stanford
Match Schools: Chicago Booth, Columbia, Northwestern Kellogg
Safety Schools: Michigan (Ross), Virginia (Darden), NYU (Stern), Cornell (Johnson)
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FAQs – Yale School of Management MBA
Yale MBA offers a two-year, full-time MBA Program.
The average GPA for the incoming class of 2024 is 3.69.
For the incoming Yale MBA batch, tuition fees for 2022-23 are $79,000. However, there are other costs such as accommodation and the cost of living that you incur. Learn how to reduce your MBA cost here.
You need at least a 700+ GMAT score for top business schools like Yale. The average GMAT score for Yale’s incoming class of 2024 is 723, with a GMAT range of 690-760.
Some of the top MBA programs in the USA are:
1. Stanford GSB
2. Wharton School of Business
3. UC Berkeley
4. Harvard Business School
5. MIT Sloan
Planning to pursue an MBA in the USA? Here is a guide for MBA in USA.