Yale MBA

There are hundreds of MBA schools.  What should be my school selection criteria and how many schools should I apply to?  Once you have chosen a MBA Program Type you can determine a set of schools to target using the following criteria.  This criteria should be weighted depending on the particular candidate.

MBA School Selection Criteria

  • Location

If you are choosing a Part-Time MBA or Executive MBA program, then you will be working while attending school, so your school section will most likely be constrained to a specific region.  For example, if you work in Chicago you might choose between Chicago Booth’s Evening MBA and Kellogg’s Part-Time MBA Program.

If you are choosing a Full-Time MBA program and wish to enter Media & Entertainment you might choose schools in New York or Los Angeles which are the meccas for this field.

  • Reputation

Reputation can be determined by looking at MBA school rankings, reading publications, asking business professionals, etc.  Rankings can be by MBA Program Type, specialization, region, etc. Reputation is important when wishing to enter highly selective fields like private equity, management consulting or investment banking.

  • Specialization 

Do you wish to go to a general management school like Harvard’s MBA Program or a school that specializes in a certain subject, like Babson’s Entrepreneurship Program?

Or specialization might be one factor.  One way to determine if a school has a strength in a specialization is to see if the program has a center which would conduct research, design curriculums, write cases, arrange for experiential programs, etc.  These specializations could be focused on functional areas, industry sectors, business types, etc.

Here are some examples:

Family Business – Kellogg Center for Family Business

Human Resources – Wharton Center for Human Resources

Energy – Energy Institute at Haas

  • Career Placement 

What is the likelihood a program will place you in your desired field and at the right level?  Certain schools have better career placement programs.  If you wish to go into investment banking following school, know which program have better placement rates such as Columbia, Wharton, and Chicago.  You can research this by looking at the career employment reports for each program.

  • Joint Degrees 

Do you wish to pursue a joint degree?  As discussed in MBA Program Types certain schools offer students the ability to complete combined degrees in multiple management fields.  For instance, dual MBA degrees encompass:

MBA/JD, MBA/MS, MBA/MPH, MBA/MPS, MBA/DDS, MBA/MD.

Certain schools offer integrated programs which are synergistic towards both degrees.  For example, integrated JD/MBA’s include Wharton’s JD/MBA, Yale’s Integrated JD/MBA, and Kellogg’s JD/MBA.

Other schools offer joint MBA degrees with international partners like the Stern-HEC Dual Degree Program.

  • Environment / Student Body

What type of environment do you prefer?  Some schools like Darden are known as boot camps while others like Wharton is known to be more competitive, and Tuck is to be more cooperative and supportive.  So know yourself to see where you would best thrive.

  • Pedagogy 

How do you best learn?  Is the school known as a teaching institution or a research institution?  Do you feel learning by case study is superior to lecture and would prefer a school like HBS or Darden that teaches exclusively by case study.

  • Alumni

Certain schools have more powerful alumni bases.  If you are an international applicant check the strength of that particular alumni group in your country.

  • Return on Investment 

Some schools are more expensive than others while other schools will help you land jobs with higher salaries.  Factored together, you can determine which programs offer you a better ROI return on investment.  The availability of MBA scholarships, merit aid, grants, etc. could influence your choice.

 

These are some of the factors you should weigh when determining which schools you will target.  You must also do a realistic assessment of your competitiveness as a candidate and choose stretch, target, and safety schools.  Very roughly speaking, a stretch school is a school where your GPA and GMAT are below the school’s average; a target school is where these scores are in line with the school’s average; and a safety school is where your GPA and GMAT are above the school’s average.  But these academic and test scores only tell part of the story.  MBAPrepAdvantage offers a free initial assessment to help you determine your MBA admissions chances by weighing stretch, target, and safety schools along with the strength of your candidacy.  Email MBAPrepAdvantage a brief description of your goals in addition to your resume, GPA, and GMAT score at info@mbaprepadvantage.com

Yale SOM has released its MBA Essay Questions for the upcoming MBA admissions year.  The school has reduced the number of questions but will be adding video questions giving the applicants another way to present different aspects of their candidacy.

MBA Essay Questions

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

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)

Video Questions – Yale has announced that the application will have video questions that allow provide the applicant with “the opportunity to realy tell us about yourself and give us a fuller sense of your candidacy” according to Yale SOM Admissions Director Bruce Delmonico.

Yale SOM has released its MBA Application Deadlines for the upcoming year.

MBA Application Deadlines

Round One Deadline: September 25, 2013

Round Two Deadline: January 9, 2014

Round Three Deadline: April 24, 2014

 

MBA Application Deadlines

Round 1 Deadline: October 4, 2012
Round 2 Deadline: January 8, 2013
Round 3 Deadline: April 18, 2013

MBA Essay Questions

1.     What prompted your decision to get an MBA?  When did you realize that this was a step you wanted – or needed – to take? (150-word limit)

2.     Describe a difficult professional decision you had to make.  What were the consequences, and what, if anything, did you learn?  Would you make the same decision again? (300-word limit)

3.     The Yale School of Management provides a leadership education characterized by broad-minded 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 will you contribute to the Yale SOM community, and how will being part of it help you extend your professional vision? (300-word limit)

4.    What do you consider to be your most significant accomplishment?  Why? (300-word limit)

5.    Required for reapplicants: You must answer three essay questions: Question 1., Question 4., and then a response to the question “What steps have you taken to improve your candidacy since your last application? (300-word limit)

 

Many schools now have integrated JD/MBA programs that allow participants to complete the combined programs in 3 years (instead of the usual 4 years) and/or to include both legal and business perspectives in an integrated curriculum.  Each program has its own unique structure.  Four of the most well-known programs are listed below:

Penn Law/Wharton Business 3-Year JD/MBA Degree

Northwestern Law/Kellogg Business 3-Year JD/MBA Degree

Yale Law/Yale SOM 3-Year JD/MBA Degree

Cornell Law/Johnson Graduate School of Management 3-Year Program

From Darden Admissions & MBA Blog:

Europe, here we come!

Fall is here, and all of us in Admissions are taking to the skies to meet prospective students and to share some Darden love. As Associate Director of Admissions & European Recruiting, I’m particularly excited about some events next week with some of our peer schools in London (Sept. 22)Brussels (Sept. 24)Paris (Sept. 26), and Frankfurt (Sept. 28). We will share the stage with Yale, Cornell, NYU, UC Berkeley, Michigan and Duke in an effort to educate prospective students about the vast array of U.S. MBA options out there. We have some amazing alumni ready to greet you and to share a little about their Darden experience, and we look forward to meeting you and learning more of your stories.

Please visit our Events & Receptions page to register, and we hope to see you there!

Haley Whitlock Gyory
Associate Director of Admissions & European Recruiting
gyoryh@darden.virginia.edu

Many MBA applicants wish to launch businesses directly from school.  Yale Entrepreneurial Institute serves as an incubator. Since 2007, YEI has launched 47 ventures that have raised a total of $37 million.  This year 10 new student-created ventures were launched as part of YEI’s summer fellowship program.  For more information about this process read more at the Yale Daily Bulletin:

As student business ideas evolve and expand, so does YEI

Like the many of the 47 new companies it has helped create since 2007, the Yale Entrepreneurial Institute (YEI) has outgrown the adjective “start-up.”

The institute, envisioned as a place where Yale students could get advice on implementing their business ideas, has evolved and expanded. It has moved from the cramped York Street office of its younger days into a larger, more formal office at 55 Whitney Ave.

At an open house scheduled for 6 p.m. on Wednesday, Sept. 7, YEI officials plan to show off the 10 new student-created ventures whose founders recently completed a summer fellowship program, as well as YEI’s own increasingly ambitious and sophisticated programs for connecting the entrepreneurial community at Yale and the region. (See related story, “To market, to market: 10 student enterprises”)

 For the complete article go to http://bulletin.yale.edu/article.aspx?id=8816.

Yale MBA Admissions Team will be travelling around the globe to educate prospective students on what makes Yale special including its distinct integrated curriculum.  Prospective students will be able to talk with admissions officers and alumni at these events.

For more information go to http://mba.yale.edu/MBA/admissions/events.asp.

Anaheim, CA

October 13 – 15National Society of Hispanic MBAs Conference
October 15Consortium MAPS
October 26 – 30Society of Hispanic Professional Engineers Conference

Atlanta, GA

September 26Forté Forum
October 4 – 8National Black MBA Association Conference
October 6Joint MBA Admissions Event
October 8Consortium MAPS

Austin, TX

October 10Joint MBA Admissions Event – Registration info TBA

Beijing, China

September 13Yale SOM Admissions Reception

Bogotá, Colombia

September 2QS World MBA Tour

Boston, MA

August 16Road to Business School
September 8Consortium MAPS
September 28Forté Forum
October 4Yale SOM Admissions Reception

Brussels, Belgium

September 24MBA2U

Budapest, Hungary

November 13Joint MBA Admissions Event

Buenos Aires, Argentina

August 2MBA Tour
August 3Yale SOM Admissions Reception

Charlotte, NC

October 3Joint MBA Admissions Event – Registration info TBA

Chicago, IL

September 14Consortium MAPS
September 28Yale SOM Admissions Lunch
September 29Forté Forum

Dallas, TX

October 13Joint MBA Admissions Event – Registration info TBA
October 13 – 16Reaching Out Conference

Detroit, MI

September 7Joint MBA Admissions Event

Durant, OK

November 4 – 5Choctaw Nation Ivy League & Friends Event

Frankfurt, Germany

September 26Joint MBA Admissions Event

Houston, TX

September 15Forté Forum
October 11Joint MBA Admissions Event – Registration info TBA

Indianapolis, IN

September 8Joint MBA Admissions Event

Istanbul, Turkey

November 9Joint MBA Admissions Event

Las Vegas, NV

September 14Joint MBA Admissions Event

London, England

September 22Joint MBA Admissions Event
October 4Forté Forum

Los Angeles, CA

August 14Road to Business School
September 13Forté Forum
September 14Yale SOM Admissions Reception

Mexico City, Mexico

August 31Yale SOM Admissions Reception

Miami, FL

October 4Joint MBA Admissions Event – Registration info TBA

Minneapolis, MN

September 22Joint MBA Admissions Event
November 10 – 12American Indian Science and Engineering Conference

Mumbai, India

September 14Yale SOM Admissions Reception

Nashville, TN

September 6Joint MBA Admissions Event

New Haven, CT

November 6 – 7Explore Diversity

New York, NY

August 3Joint MBA Admissions Women’s Panel
August 20Road to Business School
September 19Forté Forum
September 20Forté Forum
September 20Consortium MAPS
September 27Yale SOM Admissions Reception
October 20Yale SOM Women’s Admissions Reception

Online

August 25Yale SOM Application Tips Chat
September 20Yale SOM Online Admissions Reception
October TBDConsortium Student Chat
November TBDAfrica and Middle East Student Chat
November TBDEurope Student Chat
November TBDLatin America Student Chat
November TBDWomen Student Chat
November TBDAsia Student Chat
November TBDNonprofit Chat
November TBDVeterans Chat
December TBDEntrepreneurship Chat
December TBDFinance Chat
December TBDHealthcare Chat
December TBDLGBT Student Chat
December TBDConsulting Chat

Paris, France

September 26Joint MBA Admissions Event

Phildelphia, PA

August 23Road to Business School

Phoenix, AZ

September 15Joint MBA Admissions Event

Portland, OR

September 20Joint MBA Admissions Event

Salt Lake City, UT

September 13Joint MBA Admissions Event

San Francisco, CA

August 4Joint MBA Admissions Women’s Panel
August 13Road to Business School
September 14Forté Forum
September 15Yale SOM Admissions Reception

Santiago, Chile

August 10Yale SOM Admissions Reception

Sao Paulo, Brazil

August 5Yale SOM Admissions Reception

Seattle, WA

September 21Joint MBA Admissions Event

Seoul, South Korea

September 14Yale SOM Admissions Reception

Shanghai, China

September 8Yale SOM Admissions Reception

Singapore

September 6Yale SOM Admissions Reception

Sofia, Bulgaria

November 11Joint MBA Admissions Event

Tokyo, Japan

September 16Yale SOM Admissions Reception

Washington D.C.

August 2Joint MBA Admissions Women’s Panel
August 18Road to Business School
September 21Consortium MAPS
September 26Yale SOM Admissions Reception
September 27Forté Forum

 

BloombergBusinessWeek recently ranked the most popular professors across the Top 30 U.S. full-time MBA programs.  Surveys were sent to more than 3500 students.  The top 10 professors teach at NYU Stern School of Business, Michigan Ross School of Business, UT Austin McCombs School of Business, Berkeley Haas School of Business, Emory Goizueta Business School, Yale School of Management, Indiana University’s Kelley School of Business, UCLA Anderson School of Management, and Rice Jones Graduate School of Business.

From BloombergBusinessWeek:

Most Popular Profs at Top Business Schools

The most popular business school professors are good teachers, plain and simple. They’re not rock stars, CEOs or celebrity researchers. Their names may not look familiar. But they’ve earned a place in the hearts and minds of their students by bringing to life accounting, finance and management, learning their names and helping them find jobs. Their students come first and it shows.

To determine which professors at the Top 30 U.S. full-time MBA programs were most popular, Bloomberg Businessweekused surveys sent to 2010 graduates asking them to identify their two favorites. Professors were ranked in order of absolute popularity. In all, the responses of 3,732 students were used to calculate this ranking; only schools that had more than 60 student responses were counted. At least one in every five survey respondents from each of the schools listed wrote down these names chosen for our top ten list as their favorite professor—pretty amazing considering they had hundreds of faculty members to choose from. Read on after the jump for the list.

For the complete article.

Yale discusses how students partner with the Yale Center for Customer Insights and companies like PepsiCo, Procter & Gamble, and IBM in tackling real world projects.

From Yale SOM Latest News:

Curriculum: The Consulting Project

Each year, a handful of students are chosen by the Yale Center for Customer Insights to collaborate with major corporations on projects to improve marketing, brand awareness, and customer relations. Students work closely with YCCI faculty and top leaders from clients such as PepsiCo, Procter & Gamble, and IBM to provide solutions for real-world problems.

Two of the companies students worked for this year were Visa and Sears Canada. For Visa, they were tasked with researching and evaluating a new phenomenon called media multitasking, where consumers access content on multiple screens—such as a TV, a laptop, and a mobile device—at once. The Sears Canada group investigated why people are often slow to replace old, energy-hogging appliances with more efficient ones, and to find strategies to convince them to do it sooner. Students spent months researching their topics, gathering information, and analyzing it before presenting a series of recommendations to senior executives at each corporation.

“These are much higher level questions than MBAs just out of school are asked,” says Ravi Dhar, the George Rogers Clark Professor of Marketing and the center’s director. “We’re forcing them to go beyond what we’ve taught them. The expectations are very high. It’s a discovery process at many levels for the students.”