Tag Archives: Yale SOM
July 26, 2016
Yale School of Management continues to have only one required essay as part of the MBA application, yet has streamlined that question this year and left the answer open ended. Because there is only one essay …
Yale School of Management continues to have only one required essay as part of the MBA application, yet has streamlined that question this year and left the answer open ended.
Because there is only one essay question to highlight your personal qualities and leadership ability, 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 on your resume and ask your recommenders to comment on those same projects. Strategically designing all of the application components to support your key accomplishments and showcase your best qualities will enhance your candidacy.
Keep in mind the Yale values: “Leaders for business and society think broadly about global trends and challenges, bring a sense of purpose to their work every day, and move forward with analytical rigor.”
Describe the biggest commitment you have ever made. (500 words maximum)
As you approach this essay 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 (the tip off is “describe”) 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.
Contact us To learn more about designing the best Yale application possible with Stacy Blackman Consulting.
image credit: Yale School of Management
July 1, 2016
Bruce DelMonico, assistant dean for admissions at Yale School of Management, has previewed the new essay question that will be a part of the fall 2017 MBA application. The Yale SOM admissions committee would like you …
Bruce DelMonico, assistant dean for admissions at Yale School of Management, has previewed the new essay question that will be a part of the fall 2017 MBA application. The Yale SOM admissions committee would like you to:
Describe the biggest commitment you have ever made. (500 words maximum)
This seemingly simple and straightforward prompt, DelMonico says, was developed in collaboration with Yale SOM professor of organizational behavior Amy Wrzesniewski.
The SOM will continue using a slide-scale application fee, which ties your application fee to your total annual compensation, for the upcoming year, DelMonico adds.
“The sliding-scale fee helps us attract diverse applicants from all over the world, including those from countries where pay scales are different from the United States and from industries where compensation varies,” he writes.
The 2016-2017 application goes live in mid-July. For more information, please visit the Yale SOM admissions website.
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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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