{"id":34031,"date":"2016-08-04T06:13:49","date_gmt":"2016-08-04T13:13:49","guid":{"rendered":"https:\/\/gmatclub.com\/blog\/2016\/08\/most-selective-business-school-fundraising-at-yale\/"},"modified":"2016-08-04T06:13:49","modified_gmt":"2016-08-04T13:13:49","slug":"most-selective-business-school-fundraising-at-yale","status":"publish","type":"post","link":"https:\/\/gmatclub.com\/blog\/most-selective-business-school-fundraising-at-yale\/","title":{"rendered":"Most Selective Business School, Fundraising at Yale"},"content":{"rendered":"<div><a href=\"https:\/\/www.kaptest.com\/blog\/business-school-insider\/wp-content\/uploads\/sites\/15\/2016\/08\/iStock_65281421_SMALL.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-6563\" src=\"https:\/\/www.kaptest.com\/blog\/business-school-insider\/wp-content\/uploads\/sites\/15\/2016\/08\/iStock_65281421_SMALL.jpg\" alt=\"Fundraising among Yale SOM alumni hits a new high.\" width=\"848\" height=\"565\" \/><\/a><\/p>\n<p><em>Fundraising among Yale SOM alumni hits a new high.<\/em><\/p>\n<\/div>\n<p><span>From a list of priorities for Ross\u2019s new dean, to fundraising fever among Yale SOM alumni, to the business schools with the most selective admissions\u2014catch all the trending stories for future business leaders.<\/span><\/p>\n<h2><span>Which business school is hardest to get into?<\/span><\/h2>\n<p><span>As you know, some business schools are a lot harder to get into than others. The most selective MBA programs are also the most highly ranked, which in turn leads to the highest starting salaries after graduation. The trend is clear: For the first time since the Great Recession, the majority of full-time, two-year business schools saw an increase in applications this past cycle. The good news for graduates is that hiring and salaries are also up, with some fields more in demand than others. Check out this nifty list of the business schools where the acceptance rate is the lowest. Don\u2019t be discouraged though\u2014the ROI is worth the effort, and with a strong application that boasts a high GMAT or GRE score, your chances of getting in are significantly elevated. (<\/span><a href=\"https:\/\/www.usnews.com\/education\/best-graduate-schools\/the-short-list-grad-school\/articles\/2016-07-26\/10-business-schools-where-its-hard-to-be-admitted\" target=\"_blank\"><i><span>U.S. News &amp; World Report<\/span><\/i><\/a><span>)<\/span><\/p>\n<h2><span>Out and proud MBAs<\/span><\/h2>\n<p><span>Meet Anthony Shop, a graduate of the George Washington University School of Business who has become a recognizable name in the growing world of LGBT-owned businesses. He and his husband founded Social Driver, a digital marketing company. Social Driver has been so successful that the National Gay and Lesbian Chamber of Commerce\u2019s named the company its 2015 supplier of the year. While being LGBT-owned is a part of its identity, it does not define the company. \u201cWe are very comfortable embracing our identity as an LGBT-owned business. It\u2019s not the only defining factor for our company, but it\u2019s certainly something that we\u2019re proud of,\u201d Shop says. (<\/span><a href=\"https:\/\/www.businessbecause.com\/news\/mba-north-america\/4104\/meet-the-mba-grad-leading-americas-lgbt-business-community\" target=\"_blank\"><span>Business Because<\/span><\/a><span>)<\/span><\/p>\n<h2><span>New dean at Ross<\/span><\/h2>\n<p><span>Scott DeRue recently became dean of the top-ranked <\/span><a href=\"https:\/\/michiganross.umich.edu\/\" target=\"_blank\"><span>University of Michigan Ross School of Business<\/span><\/a><span> on July 1\u2026 and has been spending a lot of time in the air ever since. As ambassador for the MBA program, he has been crisscrossing the globe to recruit new students and fundraise through alumni\u2014two big responsibilities of any leader at an institution of higher learning. \u201cI\u2019ve been in business education, and I come from the private sector,\u201d DeRue says. \u201cI think a lot about strategy. I think a lot about where we need to go, and how we can transform the organization to put us in a leadership position.\u201d One of his main goals will be enriching the school\u2019s curriculum to reflect a more tech-based economy. He wants the school to be known for its \u201cbig and bold ideas.\u201d (<\/span><a href=\"https:\/\/poetsandquants.com\/2016\/08\/01\/new-dean-big-plans-ross\/\" target=\"_blank\"><span>Poets &amp; Quants<\/span><\/a><span>)<\/span><\/p>\n<h2><span>MBA fundraising bonanza<\/span><\/h2>\n<p><span>Yale has some new bragging rights this year: Not only did more than half of all alumni give back to the business school this year, but alumni fundraising also increased over last year, from $3M to $3.4M. Fundraising overall topped $5M.\u201cI think a lot of schools raise $50 million or more in particular years but I don\u2019t know that you see it very often with an alumni participation rate above 50%. I don\u2019t know of any case, myself,\u201d said <\/span><a href=\"https:\/\/som.yale.edu\/\" target=\"_blank\"><span>Yale School of Management<\/span><\/a><span> Dean Edward \u201cTed\u201d Snyder. Most top business schools have an alumni giving rate between 20% and 25%, so this rate is especially impressive. As for where the money is going, the dean says it will be spread out among many areas, including scholarships. (<\/span><a href=\"https:\/\/poetsandquants.com\/2016\/08\/02\/yale-alums-break-giving-mark-2nd-year\/\" target=\"_blank\"><span>Poets &amp; Quants<\/span><\/a><span>)<\/span><\/p>\n<p><i><span>Ready to kick your GMAT score into top shape? Challenge yourself to our <\/span><\/i><a href=\"https:\/\/www.kaptest.com\/gmat\/gmat-practice\/free-gmat-practice-questions-workout?utm_source=businessschoolinsider&amp;utm_medium=kaplan-blog&amp;utm_term=pre-business&amp;utm_content=blog-article&amp;utm_campaign=grad-gmat-20-min-workout\" target=\"_blank\"><i><span>free 20-minute workout<\/span><\/i><\/a><i><span>.<\/span><\/i><\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/www.kaptest.com\/blog\/business-school-insider\/2016\/08\/04\/most-selective-business-school\/\">Most Selective Business School, Fundraising at Yale<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/www.kaptest.com\/blog\/business-school-insider\">Business School Insider<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Fundraising among Yale SOM alumni hits a new high. From a list of priorities for Ross\u2019s new dean, to fundraising fever among Yale SOM alumni, to the business schools with&#8230;<\/p>\n","protected":false},"author":120,"featured_media":0,"comment_status":"open","ping_status":"1","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,558,243,940],"tags":[],"class_list":["post-34031","post","type-post","status-publish","format-standard","hentry","category-gmat","category-kaplan-blog","category-blog","category-gmat-prep-gmat","entry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts\/34031","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/users\/120"}],"replies":[{"embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/comments?post=34031"}],"version-history":[{"count":0,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts\/34031\/revisions"}],"wp:attachment":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/media?parent=34031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/categories?post=34031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/tags?post=34031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}