Tag Archives: Yale SOM

Yale SOM to Operate Leadership Center in Beijing

On Wednesday, Yale University announced the creation of the Yale Leadership Center in Beijing, which will host leadership programming offered by schools and centers across the university. The Yale Leadership Center will be operated by …

Yale in China

On Wednesday, Yale University announced the creation of the Yale Leadership Center in Beijing, which will host leadership programming offered by schools and centers across the university. The Yale Leadership Center will be operated by the Yale School of Management (SOM), which will work to expand the growing array of conferences and workshops for Chinese leaders that Yale has offered in both China and New Haven.

It will be Yale’s only center in China, hosting programming from the entire university community.  The facility will act as a hub for leadership development activities and will facilitate research, act as a platform for discussions and conferences, and provide a home base for professional and executive education efforts. It will also have offices for faculty from throughout Yale to use when they are in Beijing, as well as flexible workspace for SOM’s MBA, MAM, and PhD students.

The center is made possible by generous gifts from two Yale alumni and one Yale friend who are committed to deepening the mutually beneficial relationship between the university and their home country.

Neil Shen, founding managing partner of Sequoia Capital China, Bob Xiaoping Xu, founding partner of ZhenFund.com, and Brad Huang, founder of Lotus Capital Management, have together committed $16 million. Shen will chair the center’s advisory board, while Xu will serve as vice chair.

“This center is meaningful given the importance of China and the United States to the global economy, but also given their central roles in all major issues facing business and society,” said Yale SOM Dean Edward A. Snyder in a statement announcing the news.

“We look forward to broad-based discussions with businesspeople, entrepreneurs, and public leaders on diverse issues, including improving health outcomes, environmental challenges, the increasing importance of creative arts, and managing financial assets,” Snyder continued.

Speaking on behalf of all three founding donors, Shen noted Yale’s long history with China and Chinese students, which dates “back to 1854 when Yung Wing, the very first Chinese student to receive a degree from an American University, graduated from Yale.”

The founders want this new center to accelerate efforts to cultivate academic and cultural exchanges between China and the United States, Shen says, which will benefit both their home country and Yale.

“At the School of Management, we continually seek out ways in which to deepen our intellectual and programmatic connection to Yale for the benefit of our students, faculty, and alumni,” says Snyder. “This center and its opening conference will be another opportunity to engage all of Yale’s schools and departments.”

Yale will inaugurate the center with a major conference, convened by Yale SOM on October 26-27, 2014.

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Yale SOM Deepens Commitment to Entrepreneurship

Yale School of Management will now be better equipped to meet the needs of entrepreneurially-minded students with the launch of a formal Entrepreneurship Program, announced late last week. Dr. Kyle Jensen has been appointed as …

Yale entrepreneurship

Yale School of Management will now be better equipped to meet the needs of entrepreneurially-minded students with the launch of a formal Entrepreneurship Program, announced late last week.

Dr. Kyle Jensen has been appointed as the inaugural Shanna and Eric Bass ’05 Director of Entrepreneurial Programs. Jensen, who will design and teach courses in entrepreneurship, as well as coordinate and advance a slate of activities in this area, begins his official duties on July 1st.

Yale SOM has also created two new scholarships for students in each entering MBA class. The merit-based awards will be granted on the basis of demonstrated interest in entrepreneurship and future potential as an entrepreneur. In addition, each year Yale SOM will name up to five Entrepreneurial Fellows who, after graduation, will receive two years of loan deferral to enable them to work full-time on a startup.

In the announcement, Yale SOM Dean Edward A. Snyder stressed that the entrepreneurial program build-out will have global dimensions, and said the school is deeply grateful to the donors who have contributed over $7 million to the threshold goal of $12 million for the program build-out.

Snyder says Jensen has exactly the right background for the role, given his experience in tech, healthcare and social sectors, as well as significant academic experience.  Jensen has been working actively with Yale entrepreneurs since 2012, when he joined Yale Entrepreneurial Institute (YEI) as a mentor and entrepreneur-in-residence.

James Boyle, YEI’s managing director, adds,“Kyle is an extraordinary person to lead SOM’s entrepreneurial expansion. His unique combination of operating skills and willingness to roll up his sleeves and build the curriculum and the program will greatly augment Yale’s innovation ecosystem.”

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B-School Gender Gap

The state of women in business school is a topic that garners frequent attention, and will probably continue to do so until the numbers of female students and professors even out with their male counterparts. …

The state of women in business school is a topic that garners frequent attention, and will probably continue to do so until the numbers of female students and professors even out with their male counterparts.

Earlier this week, two schools published articles examining the gender gap. The Yale Daily News reported that women face a murky landscape at the SOM, with women making up just 20 percent of the tenured, tenure-track and full-time lecturer faculty at the school and female students making up 35 percent of the full-time MBA class of 2014.

Several SOM students and faculty members interviewed described the school as an environment that is not exactly hostile, but nevertheless presents unique challenges to women.

Alison Damaskos SOM ’12 said that women were not well-represented as teachers, as guest speakers or even as the protagonists in case studies at the school. Damaskos, who served as the co-head of Women in Management, the largest SOM organization for female students, told the Yale Daily News she was “reminded on a daily basis of the lack of female visibility” during her time as a student.

Yale SOM Dean Edward Snyder has acknowledged the low percentage of women among its tenured faculty, saying, “It is a high priority of mine to increase that percentage and to have a more diverse faculty, and it is important for the SOM community to make progress on this issue.”

The situation appears to be worse at the University of North Carolina’s Kenan-Flagler Business School, where The Daily Tar Heel reports a mere 15 percent of tenured professors are women, and women comprise about 28 percent of MBA students.

“In the classroom, as the minority, we have to work harder at proving our expertise, our credentials and asserting our legitimacy in being in the role of the instructor,” says Sreedhari Desai, an assistant professor of organizational behavior profiled in the article.

“Other female faculty members reported facing similar issues. I am no longer surprised when students report in their evaluation, ‘An older man ought to be teaching this class’,” Desai says.

Though both business schools say that concerted efforts are underway to narrow the gender gap, female faculty and students say instances of gender discrimination persist. I invite you to read more about the situation at each of these schools, and if you’re a female applicant, take a closer look at what efforts of inclusion are happening on campus at your target MBA programs.

You may also be interested in:

Gender or Social Gap: What’s the Real Issue at HBS?

Closing the MBA Gender Gap

Study Examines Male-Female Wage Gap, Post-MBA

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Yale Inaugurates New Business School

Yale School of Management cut the proverbial ribbon of its ultra-modern new campus Thursday, and the business school is hosting a three-day conference on the major trends transforming markets and organizations around the world to …

hc-yale-school-of-management-0110

Yale School of Management cut the proverbial ribbon of its ultra-modern new campus Thursday, and the business school is hosting a three-day conference on the major trends transforming markets and organizations around the world to celebrate the opening of Edward P Evans Hall.

Designed by the architectural firm Foster + Partners, the 242,000-square-foot glass building is named for Yale alumnus Edward P. Evans, who contributed $50 million to the project and died less than two weeks after the announcement of the gift.

Yale professor of management Stan J. Garstka tells the New Haven Register that the theme of the building, evidenced by its architecture, is transparency. “No matter where you are, you can see what’s going on somewhere else. We want the world to see what we’re doing.”

With this new campus, class size will increase to about 300 students from the current 235 students, which will make the school even more attractive to recruiters while still preserving the close-knit feel that is the hallmark of the Yale MBA experience.

The school’s three days of opening ceremonies will feature panelists from companies and organizations that include Time Warner, China Petro Chemical, PepsiCo, Evercore Partners, The Pew Charitable Trusts, the Council on Foreign Relations and the Federal Reserve.

Live video of conference events will be available on the Yale School of Management website, som.yale.edu

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Get Ready for MBA Application Videos

In an era where MBA applicants often come across as overly packaged and polished, the University of Toronto’s Rotman School of Management decided to shake things up last year by introducing a video component to …

In an era where MBA applicants often come across as overly packaged and polished, the University of Toronto’s Rotman School of Management decided to shake things up last year by introducing a video component to the application in an effort to see the unscripted side of candidates.

Until now, schools only had face time with the applicants they interviewed. Video technology allows every MBA hopeful a chance to add some color to the rest of his or her application and show the admissions committee the person behind the resume, recommendation letters and essays.

(continue reading this post on Stacy’s US News MBA Admissions: Strictly Business Blog)

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Yale School of Management MBA Essay Tips

Yale is an Ivy League university with expertise across fields. The school now investing heavily in continuing to improve the business education at Yale School of Management. A new campus is slated for January 2014, …

Yale is an Ivy League university with expertise across fields. The school now investing heavily in continuing to improve the business education at Yale School of Management. A new campus is slated for January 2014, Yale continues to hire top talent in the administrative departments and faculty, and has innovated in the admissions process.

This year Yale SOM has streamlined the admissions process with only two essays coming in under 1,000 words total. Additionally, Yale has eliminated the English-language test requirement this year. The video interview is another new aspect of the admissions process that allows interviewers to review the applicant’s performance after the fact and compare across applicants.

Stacy Blackman Consulting has been working with a similar video interview platform as the one Yale is using and we are familiar with the technology and process. Contact us to learn more about how we can help you prepare for the Yale application and interview process.

Essay 1
What motivates your decision to pursue an MBA? (300 words maximum)

Think about this essay in terms of the inflection points in your career thus far. When you consider why you want an MBA at this time there is likely some consideration of your immediate professional goals, some reflection upon your interests and experiences thus far and a bit of aspirational thinking about the long-term future you envision for yourself.

Because this is a short essay and you will be submitting your resume as part of the application you can avoid reciting each job and accomplishment and focus on the moments that have impacted your decision. For example, you might want to highlight specific projects at work that have most excited you and shaped your future goals and discuss why. The key is to add some insight to your background and demonstrate how you are thinking about your future and how an MBA will assist you with your goals.

Essay 2
The Yale School of Management provides leadership education for broad-minded, rigorous, and intellectually curious students with diverse backgrounds; a distinctive integrated curriculum; connections to one of the great research universities in the world; and the broad reach of an innovative and expanding global network of top business schools.

What motivates you to apply to the Yale School of Management for your MBA? What will you contribute to Yale and Yale SOM? (450 words maximum)

This question offers you plenty of clues about why you might be the kind of student who would pick Yale SOM for your MBA. As you describe the reasons Yale appeals to you, don’t forget you are also selling yourself. Make sure you are coming across as an intellectually curious student with a diverse background and that you are interested in the integrated curriculum.

When you research Yale for this essay question it will be most useful to talk with current or former students or visit campus if your scheduled allows. Understanding Yale on a personal level with your own unique tastes and motivations will help you to make the best case for admission. You will need to know the programs and classes you are most interested in and why, what clubs and activities appeal to you, and the unique attributes of the Yale curriculum that will help you achieve your specific goals.

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