The School of Management
Yale University was chartered in 1701 as the Collegiate School to prepare students for "Publick employment in both Church & Civil State." Elihu Yale later donated money, 417 books, and a portrait of King George I to the school, which was named after him in 1718. Yale claims well-known grads from its earliest days—Nathan Hale and Noah Webster, for instance, graduated in the 18th century. The 19th century brought the founding of schools within the university: The 1800s are bookended by the founding of the Yale School of Medicine, in 1810, and the School of Music, in 1894. Women were admitted as graduate students starting in the mid 1800s, and in 1969, they were allowed to enroll in the undergraduate program. Today the school has 5,247 undergraduate and 6,169 graduate students.
The Yale School of Management was founded in 1974, offering a management degree only. In 1976, it introduced a PhD program, and the executive MBA program began in 2005. The MBA curriculum was overhauled in 2006 to bring a more interdisciplinary approach to the school's business education. The first-year core curriculum begins with "Orientation to Management" and is topped off with "Integrated Leadership Perspectives." Classes emphasize the school's multiperspective approach.
In the summer of 2009, the top-ranked business school will hold its first Pre-MBA Leadership Program for recent college grads and undergraduate juniors and seniors. Students in the program will learn business and leadership basics, the benefits of an MBA, and how the degree can be used for good.
Photos provided by Yale University and specified photographers. Caption information provided by the school and BusinessWeek research.作者: tata 时间: 2010-10-18 09:46
An Interdisciplinary Core
The Yale School of Management introduced its new curriculum in 2006, emphasizing interdisciplinary coursework and classes designed specifically for today's business world. Traditional single-subject core courses, such as marketing and financing, have been replaced with nine interdisciplinary courses, taught by teams of senior faculty, called Organizational Perspectives. The first-year core now includes classes such as "The Investor," "The Competitor," and "Sourcing & Managing Funds." The goal: to give students the tools they need to analyze business problems from multiple angles.作者: tata 时间: 2010-10-18 09:46
"Raw" Case Studies
Yale MBA candidates study "raw" cases, as opposed to the more traditional and simplified "cooked" cases at other schools. These raw cases are open-ended and draw from hundreds of pages of documents, including 10-Ks and analyst reports. Solving a complex case using many documents mimics the challenges they'll confront in the real world in a way that traditional cases do not, and allows students to analyze business problems from various viewpoints.
The school often brings in key players featured in the cases, such as Herb Allison, (pictured), former TIAA-CREF chairman and former CEO of Fannie Mae.作者: tata 时间: 2010-10-18 09:47
Class Profile
Getting into the Yale School of Management is no easy task—the school accepts just 14% of applicants for a student body of 382 full-time MBA students, making it one of the most selective schools in the BusinessWeek ranking. About one-third of those students are women and 28% are from foreign countries; about a fourth of Yale's U.S. students are minorities. The average GMAT score for SOM students is 718.作者: tata 时间: 2010-10-18 09:47
International Experience
Part of the core curriculum is the International Experience, which allows students to travel to foreign countries—such as Costa Rica, Japan, and Russia —to gain first-hand knowledge of the global economy.
The students pictured above visited Google during the 2009 China-India International Experience. All trips include visits with business, cultural, and political leaders. In the China program, for instance, students meet with executives from the Bank of China and China National Petroleum. And in South Africa, students make trips to the South African Breweries and JSE Securities Exchanges South Africa.作者: tata 时间: 2010-10-18 09:47
Pro-Bono Consulting
The International Experience is not the only chance School of Management students have to study abroad. During the annual Global Social Enterprise pro-bono consulting trip, teams of students partner with social enterprises in emerging markets. In 2008, students travelled to Colombia to work with organizations in Bogotá. The school also has study-abroad exchange programs with the IESE Business School in Barcelona, the London School of Economics & Political Science, and other schools.作者: tata 时间: 2010-10-18 09:48
Learning from Industry Leaders
Electives give students a chance to interact directly with industry leaders. As part of "Wall Street and Washington," an elective course that examines the interactions between the two cities, students meet with senior financial officials in New York City. Students also take a week-long trip to Washington to meet with government leaders and regulatory authorities, including the Federal Reserve and the Securities & Exchange Commission.
During the fall 2008 class, "Hedge Fund Management," groups of students presented hedge-fund proposals to a panel of industry experts, pictured above.作者: tata 时间: 2010-10-18 09:48
Top-Notch Teaching
Yale School of Management faculty have impressive and varied backgrounds: They are hedge-fund founders, Pulitzer Prize nominees, best-selling authors, and former government leaders. Pictured here is a group of students working with Professor Roger Ibbotson in the Capital Market game during the "Investment Management" course. Ibbotson is the chairman and CIO of Zebra Capital Management.
Forty percent of the Yale program is based on case studies, with another 40% on lectures. The remaining 20% is divided evenly between experiential learning and team projects.作者: tata 时间: 2010-10-18 09:48
Student Clubs
Students can join more than 50 student-run clubs, including the Ski & Snowboard club, Women in Management, and the Latino Leadership Assn. Club events range from the Private Equity & Philanthropy Conferences to the Yale Cup soccer tournament (pictured here). The tournament is one of the country's largest business school sporting events.作者: tata 时间: 2010-10-18 09:49
The Partners Club
Along with special interest, professional, and cultural clubs, Yale also has a School of Management Partners Club for students with families or partners. The group provides a social network and gives students information on employment, childcare, local schools, and the New Haven area. Pictured above are SOM students and their kids preparing for the annual Halloween parade through campus.作者: tata 时间: 2010-10-18 09:49
Into the Workforce
Yale MBA graduates scatter far and wide at graduation. Thirty-six percent take jobs in financial services, while 22% go into consulting and 10% head into the nonprofit sector, with the remainder taking positions in energy, technology, manufacturing, consumer products, and other industries. Top recruiters—Bain & Co., General Electric, and Procter & Gamble, for instance—often make the quick trip from New York to New Haven to give presentations, host networking events, and take part in the "Meet the Firms" career fair, pictured here.作者: tata 时间: 2010-10-18 09:49
Funding for Nonprofit Internships
The student-run Internship Fund holds the Internship Fund Auction to raise money for stipends for students taking summer internships in the nonprofit and public sectors. In 2009, the auction brought in $44,000, the second-highest total ever. Among top-sellers at the auction were a summer apartment rental in New York City and margaritas with Dean Sharon Oster.作者: tata 时间: 2010-10-18 09:50
Classes Outside the SOM
Students in the MBA program aren't restricted to the School of Management—they can take classes for program credit in departments throughout the university. They can also pursue joint-degree programs, such as the dual MBA/JD with the Yale Law School and the MBA/MFA with the Yale School of Drama作者: tata 时间: 2010-10-18 09:50
Alumni Network
There are more than 5,600 Yale MBA alumni, who provide plenty of networking opportunities and connections. The school is proud of its alumni, who it says continue to embody the school's mission long after graduating. Notable alumni include Indra Nooyi, CEO of PepsiCo, and Laszlo Bock, vice-president of people operations at Google.作者: tata 时间: 2010-10-18 09:50
The SOM's New Home
The Yale School of Management is housed in four historic mansions on the northern end of the university's campus in New Haven. Soon the school will move to its new home across from the Peabody Museum of Natural History. The new facility, seen in the illustration, is designed by Foster + Partners. It doubles the school's current space and will have high-tech classrooms, a 350-seat auditorium, and a spacious courtyard.作者: coralgirl 时间: 2010-10-18 09:53