Tag Archives: Yale SOM
June 2, 2016
The Yale School of Management has announced the 2016-2017 full-time MBA application deadlines. They are as follows: Round 1 Application due: September 14, 2016 Decision released: December 6, 2016 Round 2 Application due: January 10, …
The Yale School of Management has announced the 2016-2017 full-time MBA application deadlines. They are as follows:
Application due: September 14, 2016
Decision released: December 6, 2016
Application due: January 10, 2017
Decision released: March 23, 2017
Application due: April 19, 2017
Decision released: May 18, 2017
For more information about applying, please visit the Yale SOM admissions website.
Image credit: Yale School of Management
January 20, 2016
The Yale School of Management is on a hot streak of late: Dean Edward Snyder was named Dean of the Year by Poets and Quants and has been reappointed to a second term; full-time MBA application volume is up; and post-graduation salaries rival peer schools such as University of Pennsylvania’s Wharton School.
The SOM has once again made news with the recent announcement that a donation from alumna Indra Nooyi, chairman and CEO of PepsiCo Inc, makes her the most generous alumni donor in the school’s history, and the first woman to endow a deanship at a top business school, the Indra Nooyi Deanship. The amount has not been disclosed.
“My gift to this wonderful institution pales in comparison with the gift that Yale gave me — the fundamental understanding that leadership requires an expansive worldview and a deep appreciation of the many points of intersection between business and society,” Nooyi said in a press release.
This gift will establish the Fifth Decade Innovation Fund, so named because the first class entered the business school in 1976 and the SOM now celebrates its 50th year. The fund aims to advance the SOM’s mission of cultivating leaders with a global mindset, and is open to additional contributions that would further develop and support the infrastructure and technology required of future initiatives.
According to a bio statement released by Yale SOM, Nooyi has served as chief executive officer of PepsiCo since 2006, and chairman since 2007. She is the chief architect of Performance with Purpose, the company’s promise to deliver top-tier financial performance over the long term by integrating sustainability into its business strategy and leaving a positive imprint on society.
Snyder, who is the inaugural Indra K. Nooyi Dean, lauded her accomplishments at PepsiCo and said, “Having the deanship named in her honor communicates to the world the school’s model of purposeful and broadminded leadership.”
For more information about Nooyi and this historic gift, please read: PepsiCo Chairman & CEO Indra K. Nooyi ’80 Endows Deanship at Yale School of Management.
Image credit: Penn State (CC BY-NC 2.0)
January 14, 2016
“I am delighted that he is willing to continue in this capacity and foster SOM’s continued excellence and prominence on the world stage,” President Peter Salovey announced in a letter to the SOM community.
During his tenure, Snyder has expanded the SOM’s mission of educating leaders for business and society by further connecting with Yale’s other professional schools, opening ultra modern new facilities, and by greatly expanding its international footprint through its Leadership Center in Beijing and the Global Network for Advanced Management. The Global Network, founded by Snyder in 2012, currently has 28 member schools from all over the world.
Salovey noted that many members of the Yale SOM community wrote to recommend the dean’s reappointment.
“In reading the comments that so many of you took the time to send me, I was struck anew by the many facets of the dean’s leadership and the abundance of connections he has forged for the school,” Salovey said.
“You wrote of his talent for motivating colleagues, uniting faculty, staff, and students in a strong sense of purpose. You lauded his clear agenda toward transforming SOM into one of the world’s elite business schools. And you spoke of his commitment to Yale SOM’s unique mission to educate leaders for business and society,” he continued.
Snyder began his term as dean of Yale SOM in 2011, and is regarded as the most successful business school dean in the nation, former Yale University President Richard C. Levin said at the time. Prior to accepting the position at Yale SOM, Snyder served as dean of the University of Chicago Booth School of Business and had also held that position at the University of Virginia Darden School of Business. He is an economist with expertise in industrial organization and antitrust economics.
January 7, 2016
Last week, the website Poets & Quants named Edward “Ted” Snyder of Yale School of Management as the 2015 Dean of the Year, an honor only four other business school deans have received. When Synder took the helm in July 2011, expectations were sky-high given his previous deanships at the Chicago Booth School of Business and UV Darden School of Business.
“Just four and one-half years into the job at SOM, Snyder has not merely met those high expectations. He has clearly surpassed them,” writes editor-in-chief John A Byrne. “On virtually every single metric of quality—from application volume and average class GMAT scores to MBA rankings and starting compensation for graduates—Yale SOM can boast major improvements.”
During his tenure, Snyder has expanded the SOM’s mission of educating leaders for business and society by further connecting with Yale’s other professional schools, opening ultra modern new facilities, and by greatly expanding its international footprint through the Global Network for Advanced Management. The Global Network, founded by Snyder in 2012, currently has 28 member schools from all over the world.
These improvements have certainly caught the attention of prospective MBA candidates. Poets & Quants notes that Yale SOM saw a 24.8% increase in applications last year, and the school has reported a 29% rise in Round 1 applicants this year.
“The biggest increases, however, have come from countries where a global network business school is located,” Byrne writes. “In global network countries, for example, GMAT volume is up 14.6%, but SOM’s applications from those nations are up a whopping 51.6%.”
The SOM’s higher profile and quality of the applicant pool has led to a marked increase in compensation figures as well, with Class of 2015 graduates receiving a median first-year compensation of $146,480, a 9.1% increase over the previous year’s graduates. ““We are closing the gap with the best best schools on employment,” Snyder tells Poets & Quants.
Byrne concurs, noting that “At that level of pay, SOM is in an MBA sweet spot occupied by Columbia ($146,645), Wharton ($146,303), and Dartmouth Tuck ($146,020).”
There’s little question Yale School of Management will offer Snyder a second five-year term when his first is up in July. As the dean says, “We’re building on the work of many before us and are energized by the school’s mission.”
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November 6, 2015
The UC Berkeley Haas School of Business has become the 28th member of the Global Network for Advanced Management, a network of top business schools committed to educating global leaders, the school announced yesterday. Berkeley-Haas …
The UC Berkeley Haas School of Business has become the 28th member of the Global Network for Advanced Management, a network of top business schools committed to educating global leaders, the school announced yesterday.
Berkeley-Haas is the second top U.S.-based business school to join the Global Network, established by Yale School of Management Dean Edward Snyder in 2012, and brings unique depth in innovation, entrepreneurship, and technology as well as a close connection with Silicon Valley. Since its launch, the Global Network has added seven member schools.
As the newest member school, Berkeley-Haas will gain full access to the Global Network’s innovative pedagogical initiatives that connect students and faculty with peers across a range of global economies, including both developed nations and fast-growing economies, such as Indonesia, Turkey, and Chile.
Some of the most popular Global Network programs include Global Network Weeks, through which students travel to other member schools for mini-courses in areas of special expertise on those campuses, and Global Network Courses, online for-credit courses offered by member schools in which students learn about pressing global questions and work in dispersed, culturally diverse teams.
“Participation in the Global Network for Advanced Management will add a rich global opportunity to the education we offer,” says Berkeley-Haas Dean Rich Lyons. “Global business is a top interest of our students, and the network model enables us to connect with more regions, cultures, and economies at once than would be possible through partnerships or other conventional programs.”
Yale SOM Dean Snyder said that Berkeley-Haas will increase the power of the Global Network to impact the full range of programs at top business schools, including the full-time MBA as well as non-degree executive education.
“Every top school must prepare students for the intensely globalized business world,” says Snyder. “Working in teams with peers across institutional boundaries and from diverse backgrounds is now an imperative. Those who have greater experience will be more effective in addressing the major challenges of our age.”
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June 9, 2015
Yale SOM’s essay question has remained unchanged this year. Yale has found that the answers to the essay question are insightful and demonstrates whether a candidate fits with the Yale core mission. With only one …
Yale SOM’s essay question has remained unchanged this year. Yale has found that the answers to the essay question are insightful and demonstrates whether a candidate fits with the Yale core mission.
With only one essay question, and no specific career goals essay, make sure your resume and recommendations showcase your key accomplishments. You may want to highlight specific projects at work that have most excited you and shaped your future goals and discuss why. Strategically designing additional application components can add some insight to your background and enhance your candidacy.
The Yale School of Management educates individuals who will have deep and lasting impact on the organizations they lead. Describe how you have positively influenced an organization as an employee, a member, or an outside constituent.
Impact and leadership are key components to this question. Impact could range from driving business results for your company to starting an affinity group for an underrepresented employee population. Overall the impact story should be one that you are proud of and that showcases both your values and your leadership traits. Remember the type of MBA student Yale is most interested in admitting. Ideally you are coming across as an intellectually curious student with a diverse background deeply interested in the integrated curriculum.
Behavioral questions like this one seek to understand how you actually operate in various situations. Try to be as specific as possible about how you positively influenced the organization. What did you think or say when you were determining what to do? What did you actually do? How did you feel about the result? Start by describing each step in detail in terms of what you did, the reaction of others and your own reaction. From there you can cut out anything that is too detailed or too superfluous to the story to maintain the 500 word maximum.
You may decide to focus on a key solo accomplishment at work, and that may be entirely appropriate since most MBA applicants are individual contributors. However, ideally you can demonstrate how you work with others as a leader. Regardless of whether you choose an individual or team accomplishment it should show a significant positive impact on the organization or people within the organization.
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