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Yale MBA Perception - Ranking ??

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Yale MBA Perception - Ranking ?? [#permalink] New post 25 Nov 2012, 19:45
I am from Greece and here Yale is considered to have a huge brand. Equal to Harvard and Stanford. Nobody knows Kellogg, Chicago, Tuck, Duke etc here. Not even Wharton. Ask 100 people here which universities they know and 99 will tell you Yale, Harvard, Stanford. And then follows Columbia, Berkeley, and MIT.

However, I have been looking at the MBA rankings lists and they all place Yale out of the top 10. I would say they have it closer to spot 20.

So my question is: what's up with that? Doesn't Yale have a super-elite MBA? I was thinking that the lists may be off for some reason. I mean how can Yale be number 20? It's supposed to be a name that when you say it the walls should shake. At least that's the main perception I have had since I was a kid and I was hearing this name everywhere.

Please let me know what you think as I am going to apply to the top programs in R2 and I am strongly considering Yale as well and I don't want to be missing something. Would you not place it in the top 10? Are really Duke, Tuck, Berkeley, NYU, Chicago, MIT, Kellogg, Virginia etc etc better programs? I am not taking it as far as to compare with Harvard, Stanford, Wharton which from what I read are considered the top TOP 3.

Thank you.
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Re: Yale MBA Perception - Ranking ?? [#permalink] New post 25 Nov 2012, 20:02
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I'm not a current student or alum of any program in the top 20, but for whatever its worth:

- You should apply to Yale if you find the program appealing. It takes 10 minutes to find an email address of a current student or to call up admissions to ask them to put you in touch with one. Another 10 mins to write an email asking for an appointment. 20 minutes to look up information about the program on the website. 20 minutes on the phone with a student or alum. This hour invested will give you real returns rather than a furball-hurling discussion on reputation vs ranking.

- I keep hearing a lot about Yale from the POV of nonprofit, but have heard they place students in finance and consulting too at the top firms. There may be other program strengths I'm not aware of, because I haven't looked into Yale's MBA in any detail.

- What matters most about an MBA (aside from the obvious goal of education and building relationships with classmates) is your first job out of the program. After that, employers will be most interested in knowing what you did at your last job and how it enables you to do best what they want done. Brand matters, but not nearly as much as your position out of the MBA and your networking skills after you graduate.

- Your school options narrow or expands depending on what you're wanting to do right after your MBA. Want to do operations or general management? Any school in the top 25 will equip you well. Want to be an entrepreneur? Any school in the top 25+location of the school matters. Want to get a job at MBB or PE? Go for the M7. I could go on and on, your school selection should really be dependent on what you want to do after the MBA and which companies recruit for which positions where. Fortunately, this information isn't hard to get. Every school has placement reports with a list of recruiters on their website. And any current student should be able to tell you which functions the companies recruit for.

Sorry for being so long-winded, but I hope you take this post in the right spirit. :) Yale's MBA is either a great program or a merely decent one, depending on what you're wanting to do. Every program in the top 20 is like that, outside of the HSW troika. :)
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Re: Yale MBA Perception - Ranking ?? [#permalink] New post 26 Nov 2012, 04:37
Thank you for the elaborate reply Zenverse.

Perhaps I should have said that already: I am not interested in the job that I could get after the MBA. I have got my own stuff here in Greece so I won't be looking for a job afterwards.

That said, what I am interested in, is a) the connections that I could get out of the uni and b) the brand value of the uni I will be attending. So with regards to those 2 items, how do you think Yale fares against the Top 10 or the M7 let's say.
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Re: Yale MBA Perception - Ranking ?? [#permalink] New post 26 Nov 2012, 08:03
For bragging rights - the only universities everyone on this planet seems to have heard of are: Harvard, Yale, Stanford, Oxford, Cambridge. :lol: So yeah, you'll get the 'brand'.

As for connections: in the US, sure. But since you're going back to Greece how valuable will your connections really be? I'd personally get an MBA at LBS or do a MS at LSE if I valued connections in Europe (the english speaking part at least) as much as the parent university's image.

Another thing about Yale is that it has a smaller program and hence graduates a much smaller class every year and therefore likely has a smaller alumni base than other schools like Wharton, Kellogg, CBS for example. I personally don't care for the difference between 120 classmates and 1,200, but you might, since you mentioned connections are important to you.
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Re: Yale MBA Perception - Ranking ??   [#permalink] 26 Nov 2012, 08:03
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