Yale School of Management

What Is the Yale School of Management?

Yale School of Management (Yale SOM) is Yale University's graduate business school. Yale School of Management offers both MBA and Ph.D. level programs and is known for, among other things, its focus on finance and ethics. The school introduced a new kind of integrated curriculum that combines a brief period of foreign study with organizational and employee analysis.

Key Takeaways

  • The Yale School of Management (Yale SOM) is Yale University's business school, located in New Haven, CT.
  • The stated mission of the Yale School of Management is to educate leaders for business and society.
  • Yale SOM offers full-time and executive MBA degrees, one year master’s degree in systemic risk, global business and society, asset management, and advanced management. It also offers Ph.D.-level study in management fields.
  • For the academic year 2021-2022, the total tuition and fees are $76,770. (Tuition at Yale School of Management is $74,500. There is an additional program fee of $2,270.)
  • Yale School of Management is one of the smaller business schools in America, with nearly 100 faculty and roughly 350 slots in its MBA program.

Understanding the Yale School of Management

Yale School of Management is located in New Haven, Conn. The first class to attend the school arrived in 1976, after receiving a donation to establish the program in 1971. The school’s mission is shaped by three main objectives:

  1. Be the business school that is most integrated with its home university
  2. Be the most distinctively global U.S. business school
  3. Be recognized as the best source of elevated leaders for all sectors and regions

Yale School of Management Programs

Yale School of Management offers several different programs for graduate studies. In addition to the standard two-year master of business administration (MBA), the school also offers an executive MBA program for working students; a master of advanced management for graduates of business schools that are members of the Global Network for Advanced Management; master's degree in asset management; master’s degree for systemic risk; a master’s degree for global business and society; a Ph.D. program; and executive education programs.

The doctoral program at Yale School of Management is a full-time, in-residence program intended for students who plan scholarly careers involving research and teaching in management.

Yale School of Management Admission Standards

Yale School of Management is one of the smaller business schools in America, with nearly 100 faculty and roughly 350 slots in its MBA program. Admission is competitive; around 25% of applicants are accepted for its MBA class for the 2021 in-coming class, a figure which varies somewhat year-to-year.

Notable Yale School of Management alumni include Jane Mendillo, D. Ellen Shuman, and Sandra Urie.

Yale School of Management Tuition and Fees

For the academic year 2021–2022, the total tuition and fees are $76,770. (Tuition at Yale School of Management is $74,500; there is an additional program fee of $2,270.) Other expenses are budgeted based on a single student assuming a modest lifestyle and shared housing:

  • Room, board, and personal expenses: $24,284
  • Textbooks and photocopies: $1,000
  • Health insurance: $2,698
  • Total estimated living expenses: $27,982
  • Total Single Student Budget: $104,752

Tuition at Yale School of Management is slightly higher than at other highly-ranked business schools. The annual MBA tuition at Harvard Business School is $73,440 (excluding fees and living expenses); At The University of Chicago Booth School of Business, the annual MBA tuition is $72,000 (also excluding fees and living expenses).

Connection to Yale University

Yale School of Management strives to be the graduate business school most connected to its home university. The two schools offer ten joint degree programs:

  • Asset Management
  • Law
  • Environment
  • Global Affairs
  • Medicine
  • Public Health
  • Architecture
  • Drama
  • Divinity
  • MBA/PhD

Nearly 15% of the Yale School of Management students pursue joint degrees. Students are also required to fulfill a global studies requirement to graduate. This requirement can be filled by taking an international experience course, a week-long global networks course, utilizing a global virtual team, a global social entrepreneur course, a global social enterprise course, or an international exchange with a partner school.

Yale School of Management FAQs

What GPA Is Required to Get Into Yale Business School?

The median undergraduate GPA for Yale School of Management's Class of 2022 is 3.65 (based on a 4.0 grading scale, where GPA appears on the transcript).

What Is Yale Business School’s Ranking?

According to U.S. News and World Report's 2022 List of Best Business Schools, Yale's business school is ranked number nine in the U.S.

Stanford's University business school is the top-ranked business school in the U.S., followed by the Wharton School at the University of Pennsylvania and The Booth School of Business at the University of Chicago.

Does Yale Have an Online MBA Program?

While the school has different online learning programs for students, there is no online-only MBA degree. Here's a link to the online programs the school offers.

Yale School of Management Executive Education’s collection of online executive programs ranges from courses on Corporate Sustainability Management, Decision Making, Digital Marketing.

Who Is the Dean of Yale’s School of Management?

Kerwin Charles is the Indra K. Nooyi Dean of the Yale School of Management, as of July 1, 2021.

The Bottom Line

Yale University's Yale School of Management offers an MBA degree, in both full-time and executive formats, as well as one-year master’s degree programs in systemic risk, global business and society, asset management, and advanced management. The school also offers advanced PhD-level study in management fields.

The school is located in New Haven, Conn.; the program was established in 1971 and the first class to attend the school arrived in 1976. For the academic year 2021-2022, the total tuition and fees are $76,770. (Tuition at Yale School of Management is $74,500. There is an additional program fee of $2,270.) Kerwin K. Charles is the Indra K. Nooyi Dean of the Yale School of Management and the Frederic D. Wolfe Professor of Economics, Policy, and Management.

Article Sources

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  2. Yale. "About Yale University." Accessed March 29, 2021.

  3. Yale School of Management. "Doctoral Programs." Accessed July 15, 2021.

  4. Yale School of Management. "Master’s Degree in Global Business and Society." Accessed July 15, 2021.

  5. Yale School of Management. "Master’s Degree in Systemic Risk." Accessed July 15, 2021.

  6. Yale School of Management. "Master of Advanced Management." Accessed July 15, 2021.

  7. Yale School of Management. "MBA For Executives: Elevate Your Leadership." Accessed July 15, 2021.

  8. Yale School of Management, "Class Profile: Class of 2022." Accessed May 11, 2021.

  9. Poets & Quants. "MBA Apps Rise 8.1% At Yale SOM, After A Two-Year Decline." Accessed May 17, 2021.

  10. Yale School of Management. "Cost Information." Accessed July 15, 2021.

  11. The University of Chicago Booth School of Business. "Full-Time MBA Cost." Accessed July 15, 2021.

  12. Harvard Business School. "Annual Cost of Attendance." Accessed July 15, 2021.

  13. Yale School of Management. "Joint Degrees." Accessed March 29, 2021.

  14. Yale School of Management. "Joint Degree Programs," Page 2. Accessed March 29, 2021.

  15. Yale School of Management. "Class Profile: Class of 2022." Accessed July 15, 2021.

  16. U.S. News and World Report. "2022 Best Business Schools." Accessed July 15, 2021.

  17. Yale School of Management. "Digital Programs." Accessed July 15, 2021.

  18. Yale School of Management. "Economist Kerwin Charles Named Next Dean of Yale SOM." Accessed July 15, 2021.