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.
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
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
|Median GMAT Score||725|
|Median GRE Score||330|
|Work Experience (Average)||4.7 years|
|Tuition Cost for a Single Person||$79,000|
|Percentage of students that received a job offer||96.1%|
|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
Yale SOM class of 2024 consists of 347 students. Yale SOM does not reveal information on the number of applications it received.
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|
|Mexico, Caribbean, and Latin America||4%|
|Middle East and Africa||3%|
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
- Median GMAT – 725
- Median GRE – 330
- Median GRE Quant -166
- Median GRE Verbal – 164
- Percent applicants submitting GRE Scores – 39%
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 Major||Percentage of Yale SOMclass of 2024|
|Humanities, and Social Sciences||19%|
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|
|Consumer Packaged Goods||3%|
MBA Application Deadlines
The application dates for the MBA Class of 2025 (incoming class of 2023) are
|Round 1||Sep 13, 2022||Dec 6, 2022|
|Round 2||Jan 5, 2023||Mar 24, 2023|
|Round 3||Apr 11, 2023||May 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 2022||25th Percentile||Median||75th Percentile||Median Signing Bonus||Median Guaranteed Year-End Bonus|
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.
|Diversifies Financial Services||3%|
|Consumer Packaged Goods||4.9%|
|Health care, pharma||3.8%|
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.
|Industry||25th Percentile||Median Base Salary||75th Percentile||Median Signing Bonus|
|Finance: Investment Banking||$175,000||$175,000||$175,000||$50,000|
|Finance: Investment Management||$125,000||$140,000||$153,750||NA|
|Finance: Diversified Financial Services||$124,750||$133,500||$146,000||$30,000|
|Finance: Venture Capital||$114,000||$128,000||$141,250||NA|
|Finance: Private Equity||$145,000||$150,000||$185,000||NA|
|Consumer Packaged Goods||$108,000||$112,000||$120,000||$27,500|
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.
|Consulting: External Consulting||45.6%|
|Consulting: Internal Consulting/Strategy||8%|
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 Function||25th Percentile||Median Base Salary||75th Percentile||Median 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|
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.
|Location||Percent||Median Base Salary|
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.
|Total Tuition and Fees||$79,500|
|Room, Board, and Personal Expenses*||$25,524|
|Textbooks and Photocopies||$1,000|
|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
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.
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.
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.