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Yale School of Management – MBA Program Guide 2024- Class Profile, Fees, the Employment report

Yale School of Management – MBA Program Guide 2024- Class Profile, Fees, the Employment report
A 5 min read

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.

Yale School of Management - Yale SoM MBA Program - Class Profile, Career and Employment Report

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 – FacebookTwitterYouTubeLinkedIn, 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 MBANumbers
1Average GMAT723
2Average GPA3.65
3Class Size350
4GMAT Range (middle 80%)690 – 760
5MBA Tuition + Program Fees 2022-2023$79,000
6% Received Job offer post-graduation96.1%
7Median Base Salary$160,000
8Median 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.

Enrolled347
GMAT Score Range (Middle 80%)690-760
Undergraduate GPA3.69
Undergraduate GPA Range3.34-3.90
% of women in the class43%
% of international citizens48%
5-Year Trend for Yale School MBA Class Profile
S.NoYale School of Business20202021202220232024
1Avg GMAT724720720730723
2Avg GPA3.673.663.653.693.65
3Class Size346312350349347
4Work Experience (Average)  4.4 years4.7
5Tuition Cost (per year/Single student)*  $79,000    $79,000  $79,000
6% of students reported jobs received after 90 days90.2%96%96.1%
7Median Base Salary$140,000$140,000$160,000
8Median 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 2024Percentage
Financial Services20%
Consulting19%
Non-profit12%
Technology12%
Government9%
Health Care7%
Manufacturing5%
Energy4%
Entertainment & Media4%
Consumer Packaged Goods3%
Real estate2%
Retail2%
Others1%

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 RoundApplication DeadlineAdmissions Decision
Round 1September 13, 2022December 06, 2022
Round 2January 05, 2023March 24, 2023
Round 3April 11, 2023May 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.

Why don’t you take a free trial and judge for yourself?

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.

IndustryPercentageMedian Base Annual SalaryMedian Sign-on Bonus
Consulting46.0%$175,000$30,000
Investment Banking9.9%$175,000$50,000
Investment Management4.6%$140,000
Diversified Financial Services3.0%$133,500$30,000
Venture Capital2.3%$128,000
Private Equity1.9%$150,000
Technology7.6%$146,000$25,000
Retail E-commerce6.1%$142,000$75,150
Retail Others0.4%
Consumer Packaged goods4.9%$112,000$27,500
Healthcare/ Pharmaceuticals3.8%$134,000$32,500
Real Estate2.3%$122,500
Non-Profit1.9%$120,000
Energy1.5%$120,000
Manufacturing0.8%
Government0.8%
Transportation0.8%
Media/ entertainment0.8%
Hospitality0.4%
Human Capital0.4%

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 BreakdownPercentageMedian Base SalaryMedian Signing Bonus in
Consulting External45.6%$175,000$30,000
Consulting Internal/Strategy8.0%$140,000$25,000
Finance/Accounting24.0%$152,000$50,000
Marketing / Sales11.4%$134,000$35,000
General Management1.2%$133,000
Operations/Logistics2.7%$132,600$40,000
Other2.3%$120,000
Sustainability1.9%$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?

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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.

RegionPercentageMedian Base Salary by Region
Northeast54.4%$165,000
West21.5%$165,000
Southwest3.8%$142,000
Mid-Atlantic11.0%$155,000
Midwest5.9%$150,000
South3.4%$16,000

Yale School of Management – Notable Alumni

Yale School of Management - Yale SoM MBA Program - 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: HarvardWharton, Stanford

Match Schools: Chicago BoothColumbiaNorthwestern Kellogg

Safety Schools: Michigan (Ross), Virginia (Darden), NYU (Stern), Cornell (Johnson)

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FAQs – Yale School of Management MBA

How long is MBA at Yale?

Yale MBA offers a two-year, full-time MBA Program.

What GPA do I need for Yale MBA?

The average GPA for the incoming class of 2024 is 3.69.

How much is an MBA at Yale?

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.

What GMAT score do I need for Yale MBA?

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.

Which are the top business schools in the USA?

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.

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