Yale School of Management – A Complete Guide

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The Yale School of Management (often referred to as Yale SOM) is the graduate business school of Yale University, a private research institution located in New Haven, Connecticut. The school gives out the Master of Business Administration (MBA), MBA for Executives (EMBA), Master of Advanced Management (MAM), Master’s Degree in Systemic Risk (SR), Master’s Degree in Global Business & Society (GBS), Master’s Degree in Asset Management (AM), Ph.D., and joint degrees with nine other graduate programs at Yale University.

Yale School of Management

If joining the ranks of Yale SOM’s renowned alumni is a goal of yours, our Yale SOM MBA Class Profile Analysis and Employment reports will provide insight into the kind of applicants who are successful in getting into the school and provide advice on how to improve your own chances of acceptance.

General Information on Yale School of Management

Location – Yale School of Management, Edward P. Evans Hall, 165 Whitney Avenue, New Haven, CT 06511-3729

Dean – Kerwin K. Charles

Phone: +1 203-432-5635

Email: mba.admissions@yale.edu

Social media – Facebook, Twitter, YouTube, Instagram, LinkedIn

Yale SOM MBA – By the numbers

Here are a few important statistics for the latest class i.e. class of 2024 of the Yale School of Management

Class Size347
Median GMAT Score725
Median GRE Score330
Median GPA3.69
Work Experience (Average)4.7 years
Tuition Cost for a Single Person$79,000
Percentage of students that received a job offer96.1%
Median Base Salary$160,000
Median Signing Bonus$30,000

Now, let’s take a look in detail at the latest incoming class i.e., class of 2024 of Yale School of Management.

Yale SOM MBA class profile 2024

Enrollment

Yale SOM class of 2024 consists of 347 students. Yale SOM does not reveal information on the number of applications it received.

Diversity

Business Schools care a lot about maintaining diversity in the class. Nearly half (43%) of the Yale SOMclass of 2024 is female and 48% of students are international passport holders.

  • % women in the Yale SOMclass of 2024 – 45%
  • % international students in the Yale SOMclass of 2024 – 43%
Geographical Area% of Yale SOM class of 2024
North America62%
Asia Pacific27%
Mexico, Caribbean, and Latin America4%
Europe3%
Middle East and Africa3%
Oceania1%

Test Scores and GPA

Yale School of Management is home to some of the brightest minds in the world. So, it’s quite understandable that the GPA and test scores will be on the higher side. The Median GPA of the Yale SOM class of 2024 is 3.69, the Median GMAT score is 725, and the Median GRE score is 330.

Median GPA – 3.69

GMAT Score

  • Median GMAT – 725

GRE Score

  • Median GRE – 330
  • Median GRE Quant -166
  • Median GRE Verbal – 164
  • Percent applicants submitting GRE Scores – 39%

Undergraduate Major

The highest number of Yale SOM class of 2024 students have a background in STEM (38%) and Business (25%). 

More details are in the table below:

Undergraduate MajorPercentage of Yale SOMclass of 2024
STEM38%
Business25%
Humanities, and Social Sciences19%
Economics18%

Pre-MBA industry of Yale SOM MBA class of 2024

Every student of the Yale SOM class of 2024 has some work experience. The Median work experience is 67 months. 16% of the Yale SOMclass of 2024 has a background in Consulting and Venture Capital/Private Equity followed by Technology (14%) and Financial services (10%).

More details are in the table below:

Pre-MBA industry% of Yale SOM class of 2024
Financial Services20%
Consulting19%
Nonprofit12%
Technology12%
Government9%
Healthcare7%
Manufacturing5%
Energy4%
Media, Entertainment4%
Consumer Packaged Goods3%
Real Estate2%
Retail2%
Other1%

MBA Application Deadlines

The application dates for the MBA Class of 2025 (incoming class of 2023) are

Application RoundDeadlineDecisions
Round 1Sep 13, 2022Dec 6, 2022
Round 2Jan 5, 2023Mar 24, 2023
Round 3Apr 11, 2023May 18, 2023

Now that you know the education and industry background of the latest class of Yale School of Management, you must have an idea of where you stand compared to them. To get into Yale School of Management try to match or exceed these numbers. Now, let’s take a look at the compensation that Yale SOM MBA students get after they graduate.

Yale SOM MBA employment statistics – Class of 2022

The Yale School of Management class of 2022 received a median base salary of $160,000. Moreover, the median signing bonus was $30,000.

Yale SOM class of 202225th PercentileMedian75th PercentileMedian Signing BonusMedian Guaranteed Year-End Bonus
All$130,000$160,110$175,000$30,000$20,000
US/PR$130,000$165,000$175,000$30,000
International$129,059$151,595$170,000$30,000

Here are the details:

  • Median Base Salary – $160,000
  • Median Signing Bonus – $30,000
  • 96.1% received an offer within 3 months of graduating

Employment by Industry

46% of the Yale SOM MBA Class of 2022 found employment in Consulting followed by 21.7% in Financial Services, and 7.6% in Technology.

More details are in the below table.

IndustryPercent
Consulting46%
Financial services21.7%
Investment banking9.9%
Diversifies Financial Services3%
Investment management4.6%
Private Equity2.3%
Venture capital1.9%
Technology7.6%
Retail6.5%
Consumer Packaged Goods4.9%
Health care, pharma3.8%
Real estate2.3%
Nonprofit2.3%
Others5.5%

Median Salary by Industry

Candidates finding employment in Consulting and Financial Services received the highest median salary of $175,000. Candidates who found a job in Technology received a median salary of $136,000.

More details are in the following table.

Industry25th PercentileMedian Base Salary75th PercentileMedian Signing Bonus
Consulting Services$160,000$175,000$190,000$30,000
Finance: Investment Banking$175,000$175,000$175,000$50,000
Finance: Investment Management$125,000$140,000$153,750NA
Finance: Diversified Financial Services$124,750$133,500$146,000$30,000
Finance: Venture Capital$114,000$128,000$141,250NA
Finance: Private Equity$145,000$150,000$185,000NA
Technology$136,000$146,000$165,000$25,000
Retail$132,600$142,000$155,528$75,150
Consumer Packaged Goods$108,000$112,000$120,000$27,500
Healthcare/Pharmaceuticals$130,000$134,000$135,000$32,500
Real Estate$105,000$122,500$128,750NA
Nonprofit$115,000$120,000$120,000NA

Employment by Function

51% of the Yale SOM MBA Class of 2022 found employment in Consulting, followed by 20% in Finance, and 13% in Marketing.

More details are below.

FunctionPercent
Consulting: External Consulting45.6%
Consulting: Internal Consulting/Strategy8%
Finance/Accounting24%
Marketing/Sales11.4%
General Management4.2%
Operations/Logistics2.7%
Other2.3%
Sustainability1.9% 

Median Salary by function

Yale SOM class of 2022 students who found employment External Consulting received the highest median salaries of $175,000 followed by Finance/Accounting ($152,000), and Sustainability ($150,000).

Jobs in finance received the highest median performance bonus of 150,000.

Job Function25th PercentileMedian Base Salary75th PercentileMedian Signing Bonus
Consulting: External Consulting$160,000$175,000$190,000$30,000
Consulting: Internal Consulting/Strategy$120,050$140,000$165,000$25,000
Finance/Accounting$129,250$152,000$175,000$50,000
Marketing/Sales$120,000$134,000$145,000$35,000
General Management$120,315$133,000$145,000NA
Operations/Logistics$126,000$132,600$136,000$40,000
Other$100,000$120,000$125,000NA
Sustainability$130,000$150,000$160,000NA

Employment by Location

Majority (91.2%) of the Yale SOM MBA Class of 2022 found employment in the United States. A mere 8.8% chose to work outside the US. In the US, 54.4% found jobs in the North East and 21.5% in the West. 

More details are below.

LocationPercentMedian Base Salary
United States97%$165,000
Northeast54.4%$165,000
West21.5%$165,000
Mid-Atlantic11%$155,000
Midwest5.9%$150,000
Southwest3.8%$142,000
South3.4%$160,000
International8.8%$124,000

Cost of Attendance

The Yale SOM Cost of Attendance is your 'all in cost' for one year of the academic program. It is for a single student and assumes a modest lifestyle and shared housing.

Tuition$79,000
Program Fee$500
Total Tuition and Fees$79,500
Room, Board, and Personal Expenses*$25,524
Textbooks and Photocopies$1,000
Health Insurance**$2,756
Total Estimated Living Expenses$29,280
Total Single Student Budget$108,780

** Yale University requires students to carry hospitalization insurance. The figure shown is an estimate based on the 2022-23 cost of Yale's insurance for a single student. Students with alternate hospitalization insurance may waive Yale Health coverage.

One-Time Computer Increase: Students must submit an invoice or quote for the price of the computer in order to receive this increase up to $1,000. For domestic MBA students only.

Yale SOM Scholarships

Pursuing a full-time MBA is a major investment.  A degree from Yale maximizes the return on your investment to create global opportunities of limitless potential.

Yale SOM’s Financial Aid Office is dedicated to assisting students with the process of obtaining the right financial resources to finance their education. They work with prospective and admitted candidates, but continue to advise you on post-graduation loan repayment, fellowship programs, and loan forgiveness.

Types of Yale SOM scholarships

Merit-Based Scholarships

At Yale SOM all applications are considered for merit-based scholarships that require no separate formal application - all applicants are considered for merit-based funding. Scholarship recipients are notified of their merit-based eligibility at the same time that they are admitted.

External Funding Resources

The Financial Aid Office recommends that students research through different outside scholarships that they may be eligible for. Our team has created a filterable scholarship database, that allows you to filter by industry, region, population, etc., and is a great resource to assist you in finding external sources to finance your education.

Career Support

The Yale School of Management Loan Forgiveness Program was the first program of its kind and has provided a model for similar programs at business schools. Since its establishment, the school has provided more than $12 million in support to over 400 alumni around the country. It is the most generous loan forgiveness program among business schools.

The Yale SOM Entrepreneurial Fellowship will allow students to defer their student loan payments for the first two years after graduation. The school pays the interest accruing on the loans, up to $7,000/year. The goal is to help entrepreneurs funnel more time and money into their startups during the critical early years.

Final Thoughts

Most MBA applicants dream of getting an MBA from Yale School of Management. Yale School of Management is one of the best business schools in the world, so getting into it can be hard. Even though there is no foolproof method to ensure admission to Yale SOM, you can improve your chances significantly by working diligently on your application. We can help you get into Yale School of Management. Our consultants include Yale SOM alumni who will give you the most accurate advice and guidance you’ll need to get into Yale SOM. So, get started now.

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