In an effort to preserve its unique and close-knit culture, the Yale School of Management has announced it will put the brakes on the ballooning admissions increases it has seen over the past six years and cap the class at around 340 students.
According to the Yale News, the MBA program is 150 percent larger than it was in 2010, going from 238 to 334 students.
In its latest MBA admissions cycle for the incoming class of 2018, which ended this summer, the SOM received 3,649 applications — exactly 200 more than the record-breaking number last year. The school admitted 692 applicants, registering an admissions rate of 19 percent, one of the lowest in its history.
“We are bucking the trend. All the schools have not seen the same increase [in applicants] that we have,” SOM Assistant Dean of Admissions Bruce DelMonico told Yale News. “It is a testimony to all the positive things happening here.”
The school is also touting this year’s very diverse cohort; woman make up 43 percent of the MBA Class of 2018, 46 percent are international students, and 13 percent are from underrepresented ethnic groups.
Also, more than a quarter of the incoming students have a STEM background, which DelMonico calls an unusual case at business schools.
SOM Senior Associate Dean for the MBA Program Anjani Jain attributes the school’s increase in popularity to the fact that employers are becoming more aware of the unique attributes of the Yale MBA, notably its integrated core curriculum, interconnectedness with Yale’s other professional schools, and the Global Network for Advanced Management, founded by SOM Dean Edward Snyder in 2012.
For students and alumni reportedly worried that the SOM’s sudden expansion would have a negative affect on the school’s culture, this plan to cap the class is welcome news.