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Calling all Yale SOM Applicants (2016 Intake) Class of 2018!!

1 2 3 4 ... 44

8088

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05 Aug 2015, 16:11

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For questions about working in teams and the direct reports, my personal recommendation would be to put zero for direct reports, but explain as much about your engagements as possible - and if you would like, you can explain this in detail in the optional essay.

Hope this helps and best of luck!

Dan

IgboRobinHood

Help!

So I work with a consulting firm and all the work is done in project teams which change a lot between engagements.

Any suggestions on what to put in the space for "number of direct reports"?

8088

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05 Aug 2015, 16:35

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Hi Everybody,

SOM has a bunch of really exciting events coming up for all prospective students:

Aug. 10: Vancouver, Canada
Aug. 24: Rio de Janeiro, Brazil
Aug. 26: Brasilia, Brazil
Aug. 31: London, United Kingdom
Aug. 31: Monterrey, Mexico
Sept. 1: Paris, France
Sept. 21: Montreal, Canada
Sept. 22: Milan, Italy
Sept. 22: Toronto, Canada
Sept. 24: Athens, Greece
Sept. 24: Calgary, Canada
Oct. 28: Boston, MA
Nov. 2: Shanghai, China
Nov. 4: San Francisco, CA
Nov. 5: Beijing, China
Nov. 5: Los Angeles, CA
Nov. 9: Tokyo, Japan
Nov. 11: London, United Kingdom
Nov. 12: Seoul, South Korea
Nov. 15: New Delhi, India
Nov. 16: Bangalore, India
Nov. 19: Dubai, UAE

Additionally, we have a number of great online live sessions too:

August 17: Applications Tips Chat
Sept. 23: Online Student Panel: Military Candidates Pursing an MBA
Oct. 6: Online Panel: Consulting
Oct. 7: Online Panel: Entrepreneurship
Oct. 13: Online Panel: Social Impact
Oct. 14: Online Panel: Finance
Oct. 27: Online Panel: Marketing
Oct. 28: Online Panel: Technology
Oct. 29: MBA/MEM and MF Online Student Panel
Nov. 3: MBA/JD Online Student Panel
Nov. 28: MBA/MD Online Student Panel
Nov. 4: Silver Scholars Online Student Panel
Nov. 17: MBA/MPH Online Student Panel

These and many more are available for registration here: https://som.yale.edu/our-programs/mba/admissions/events

Hope to see you soon!

Dan

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07 Aug 2015, 15:36

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I just finished putting together an analysis of Yale acceptance rate. It can give you an idea of your chances at Yale.

Best of luck with your applications!

FROM MBA Data Guru: Yale MBA Acceptance Rate Analysis

Yale MBA Acceptance Rate Analysis

Yale School of Management, also known as YSOM, is a prestigious school located in New Haven, Connecticut. It is difficult to gain admission to Yale’s MBA program, similar to their undergraduate school. The YSOM class of 2016 has impressive statistics, with a median GMAT of 720 and median GPA of 3.56. Only 22% of applicants who apply to Yale will be accepted.

Yale MBA Acceptance Rate by GMAT

Similar to all other schools, a high GMAT score will increase your chance of being admitted to Yale. Although the average GMAT score for the class of 2016 is 720, the average score for applicants is 7 points lower at 713. The GMAT range of the middle 80% of Yale MBA students is 680 to 760. However, the difference in acceptance rate for the bottom of that range is substantially lower than the top. An applicant with a 760 is more than three times more likely to be admitted than an applicant with a 680.

Yale MBA Acceptance Rate by GPA

A high GPA also raises the acceptance rate at Yale. The middle 80% students in the class of 2016 have a GPA between 3.17 and 3.87. An applicants with 3.87 is surprisingly only 50% more likely to be admitted than one with a 3.17. Even a perfect 4.0 only raises Yale MBA acceptance rate to 32%.

Yale MBA Acceptance Rate: GMAT vs. GPA

The chart above shows that GMAT is more important for admission to Yale than GPA. A high GPA will only increase acceptance rate by 4%, while a high GMAT results in a 10% higher chance of being admitted.* If you have a low GPA and a high GMAT, Yale is a great school to consider. For example, an applicant with a 3.0 and a 770 has a 34% chance of admission.

Yale MBA Acceptance Rate by Application Round

When applying to Yale, it does not matter whether you apply during the first or second round. However, applying in the third round is a huge disadvantage. Your chance of admission is less than half as likely compared to the first two rounds, so be proactive and submit your app early.

Other Admissions Factors
Indian applicants are at a significant disadvantage at Yale, with only a 6% acceptance rate. On the other hand, Yale seems to really like applicants with experience working for consumer packaged goods companies. Their acceptance rate is shockingly high, almost three times higher than average.

*A high score is defined as one standard deviation higher than average.

MBA Data Guru - MBA admissions data and analytics critical for business school applications

This Blog post was imported into the forum automatically. We hope you found it helpful. Please use the Kudos button if you did, or please PM/DM me if you found it disruptive and I will take care of it. -BB

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10 Aug 2015, 12:14

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Thanks Dan... Sounds like good advice!

8088

IgboRobinHood

Help!

So I work with a consulting firm and all the work is done in project teams which change a lot between engagements.

Any suggestions on what to put in the space for "number of direct reports"?

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12 Aug 2015, 12:22

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Hey Everybody - Here's a great event that I recommend you attend:

Monday, August 17, 2015
12:00 p.m. - 1:00 p.m. ET

Join Bruce DelMonico, Assistant Dean and Director of Admissions, and a panel of admissions officers for tips as you prepare your MBA application. The presentation will offer a brief overview of the MBA program and go through the elements of the Yale School of Management application, offering insights into how you can present your strongest possible candidacy in advance of our Round 1 deadline on September 16, 2015.

We hope you can join us for the live event and have your questions answered directly from the Yale SOM Admissions team. If you aren't able to attend, we hope you'll keep in touch. There are many opportunities to connect with Yale SOM, both in-person and online.

Register here --> https://www.zoom.us/webinar/register/f9f6eabd34574a71c5b9141539e44ee6

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12 Aug 2015, 13:17

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8088

Thanks for the heads up 8088 ! I'm in!

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12 Aug 2015, 23:10

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Is there a video essay submission for Yale? like last time

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13 Aug 2015, 00:13

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megatron13

Is there a video essay submission for Yale? like last time

Yes, there is. Here is an excerpt from the application.

3. After You Apply

After you submit your application, you will be asked to:

Pay the Application Fee. The fee is based on your total annual compensation (salary plus bonus). For most applicants, the fee is $225. If your total compensation is less than $20,000 a year, the fee is $175. If your total compensation is less than $10,000 a year, the fee is $125.

Complete Video Questions. A link to our video questions will appear on your Status Page after you pay the application fee. The deadlines to complete these questions are posted on Status Page. Your answers will take roughly 15 minutes to complete and you can do so anytime that is convenient for you.

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20 Aug 2015, 07:29

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Dear Applicants,

This year we will be conducting few live chat sessions with Yale Admission team members in our chat room. Here is schedule of all Yale SOM chats.

The first session in this Yale Live Q&A series is happening on August 27th in which Rebekah Melville, Director of Financial Aid and Admissions Committee Member at Yale SOM,will chat with prospective applicants and answer the questions regarding applications, essays, interviews, and life at Yale.

Brief introduction of Rebekah Melville: Rebekah is the Director of Financial Aid, where she has been a member of the Admissions Committee since 2011 and has managed scholarships, admission events, and alumni outreach. She has over 15 years of student advising and application review experience. Rebekah From 2008 to 2010, was Sr. Associate Director for Curriculum at SOM. She has previously held roles in academic administration and student advising at both the Yale Law School and the Stanford Graduate School of Business.

As Director of Financial Aid, Rebekah manages the scholarship process, student loan programs, and administers the loan forgiveness program. She started her career as a management consultant at a boutique consulting firm in Boston, MA. She graduated with First Class Honors from McGill University in Montreal, Canada.

Date: August 27, 2015
Time: 9 AM Pacific Time
Place: GMAT Club Chat Room

So save the event in your Google calendar and be in the chat room on 27th August with your questions.

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22 Aug 2015, 19:22

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Hey Everybody,

Thought I'd post a brief update - First Years have just completed orientation and are heading into a relaxing weekend in New York City, at Six Flags in Massachusetts, and all around Connecticut.

Have a look at Admission's Profile of the class - this year we passed the 40% international and 40% women mark; which is exciting: https://som.yale.edu/news/2015/08/meet-mba-class-2017 We're also excited that SOM has among the highest rate of joint-degree candidates at any B-School - this year it's 17% of the 326!

Finally, take a gander at what the SOM community is with our new video: https://som.yale.edu/blog/2015/08/video-yale-som-community?blog=3490

Best of luck and let us know if you have any questions!

Dan '16

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23 Aug 2015, 17:38

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8088

40% international AND 40% female! YAY 2017!!

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29 Aug 2015, 04:55

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Hello Everyone,

Thanks for participating in Yale Adcom chat on Thursday. It was a very nice session with many great questions and insightful answers to them by Rebekah. Here are select Q&As from the chat. If anyone wants the read complete chat transcript, the same is attached to this post.

Good Luck to everyone applying to Yale this year!!

"To get into a strong program like Yale, you don't have to have done unusual and crazy things. You don't need to be extraordinary. In fact, most of our admitted students are very ordinary people who have done very ordinary things. They've just done them extraordinarily well." - Rebekah Melville, Director of Financial Aid and Member of Yale MBA Admissions Committee.

YaleinMind: Hi Rebekah, could you please put some light on impact investing career opportunities available in Yale, what companies do recruiting for impact investing profile? What is the typical career progression in this sector after Yale MBA?

Yale_Rebekah: Impact investing has become a very important source of employment for our students. Obviously, the firms are smaller than the bulge banks or financial services firms, so I hesitate to drop too many names (many hire just one or two graduates/year given their size). That being said, Acumen Fund is a name that many will recognize. On an extra-curricular level, I'd recommend that you join the finance club to prepare for interviews and Net Impact club for contacts.

KC: I already hold a MBA degree from University in India. Can I Apply for Yale SOM?

Yale_Rebekah: You can apply. We have admitted people with previous MBAs in the past, but you will need to explain why you need a second MBA. That can be difficult for some of our applicants.

mbastudent12: Hello, since Yale SOM is a very global business school - are there ways applicants can make up for a lack of foreign work experience in other ways to demonstrate a global perspective? (Domestic nonprofit work with different cultures, travel, etc.) Thank you!!

Yale_Rebekah: While we love people to come with us with a global perspective, the more important trait for you to demonstrate is broad-mindedness. Are you willing to learn from others who aren't like you? If the answer is yes, you'll fit in fine here.

whittierst: What advice to you have for an applicant who had a "rough" time in college as demonstrated by a below average GPA? For instance, do graded post-graduate on-line extension courses (i.e. through Yale or another university's extension) help mitigate that issue?

Yale_Rebekah: That's a great question. We recognize that there is no perfect applicant or application, and you can often make up for a less than stellar academic record through subsequent work experience or academics.

ankurgupta03: Hi Rebekah, can you please tell me about the opportunities in education domain post graduation?

Yale_Rebekah: The education space is another big employer of our students. Many work for public sector consulting, Teach for America (or its affiliates), or charter schools in the USA and abroad. We help make this possible through our post-graduation loan forgiveness program, which provides up to $101,000 in post-MBA support for all students in public service.

Doctorhm: Yale's first year is core-based. Though, definitely different from many colleges. That's great. But, nevertheless are students allowed to take electives in their respective areas of interest prior to summer internship?

Yale_Rebekah: Yes, you actually must start taking electives in the spring term of your first year. There may be an opportunity for electives in the fall, but probably only if you exempt out of a core course that term.

Pillarsofcreation: Hi Rebekah, Thank you for doing this. I am a prospective candidate from India. For the past 2 years I have been running a startup, and now plan to move into product management or similar roles in tech companies. How successful have Yale MBA’s been in getting a job/internship at startups such as Uber/AirBnB or large tech companies such as Amazon/Google/Apple?

Yale_Rebekah: The tech sector has been a growing sector for us over the past several year. Many of our Indian graduates have great success obtaining jobs at Amazon, Facebook, Google, etc. We run an annual job trek each year to Silicon Valley to meet companies and employers, which is a great way to continue your job search.

tad: How does the admission committee view our inability to get our current manager as a recommender?

Yale_Rebekah: Another great question! We understand that many people are applying in confidence, as letting their boss know they'll be leaving shortly is not something they want to share! As long as you explain this to us -- the reason why you're not using your current supervisor -- we understand. A great location to do this is in the Optional Statement section.

whittierst: Several business schools are offering online "readiness" programs to prospective MBA students. What do you think of those and how might they be considered as part of an applicant’s overall presentation?

Yale_Rebekah: If you use these for quantitative preparation, that's fine. Courses that focus on 'softer skills' are harder to teach online and therefore viewed with a little more skepticism. Any preparation you do is viewed positively, but not required if you don't need it.

rachitjain: Is Yale Silver Scholar Programme any different from a regular MBA?

Yale_Rebekah: Yes, the Silver Scholars program is a little different because it is 3 years. You complete your first year studies at Yale SOM, obtain an internship in your second year (no tuition!), and then return for your third year.

Mib_zndbeb: How important are the video questions?

Yale_Rebekah: Video questions are helpful because they show your ability to think 'on your feet' and it allows us to assess English. You will be representing Yale, so can we put you in front of a recruiter with a little coaching? To be honest, most people are completely fine - it's somewhat unusual for a candidate to distinguish themselves negatively!

abhinavverma09: Another question Rebekah , How do you view a candidate who has been diverse in his approach all through his life and is not sure of his post mba goals. He is sure what he needs to learn would guide him to his final goal but isn't sure what his short term goal immediately after an mba would be?

Yale_Rebekah: We recognize that many of you are career switchers, and are often pursuing an MBA with vague goals. That's alright, but try to have a sense of what is interesting to you (is it a function rather than an industry, perhaps?).

ArielH08: Is there any benefit to submitting your application well before the deadline or are all applications viewed together after the deadline?

Yale_Rebekah: There's no advantage to applying early I'm afraid - we don't start reviewing applications until after the deadline for that round.

tad: How important are GPA and the GMAT for granting aid/scholarships/waiver? What are the typical scores for successful scholars?

Yale_Rebekah: GPA and GMAT are important factors for granting scholarships, but it's really the strength of the whole profile. Please note that like many business schools, we only have merit-based scholarships.

AttorneyBrian: How is Yale SOM adapting or changing its curriculum to suit the change in the job market in the recent years? What changes are on the horizon? How have employers reacted to these changes in Yale SOM's curriculum or program?

Yale_Rebekah: We think we have a strong curriculum that teaches management from different perspectives. This was launched in 2006, and we've only made tweaks to it. We've strengthened our leadership development program for example, to respond to students' needs to more experiential learning.

Pillarsofcreation: How does Yale support candidates who are looking to startup a business in US? What are some key features of the entrepreneurship programme that was launched in 2014?

Yale_Rebekah: Great question. Kyle Jensen sits just downstairs from me, and makes sure there is an academic component to our course offerings on entrepreneurship, as well as co-curricular offerings (like the Yale Entrepreneurial Institute) and clubs. There's also a program that pays the interest on your educational loans for 2 years so that you develop your idea here at SOM post-graduation.

YaleinMind: Does admission committee review previous year’s application along with present application for re-applicants?

Yale_Rebekah: Yes.

rachitjain: What is the conversion scale that should be used for GPA calculation by international applicants when applying to Yale?

Yale_Rebekah: We don't really convert the GPAs. We know that a first class, first division is really, really good.

mib_k5wzxd: Does Yale SOM also take into account the number of attempts for the GMAT?

Yale_Rebekah: Yes, we actually do. We generally tell applicants to stop at 3 attempts because no one ever seems to improve that much after 3.

mbastudent12: Can you expand on the recent grading policy changes - especially related to disclosure? And how this compares to other business schools and trends in recruiting?

Yale_Rebekah: Our grading change....The big change is that we now have a forced curve at the bottom for core courses. The bottom 5% of the core receives non-proficient grades. There were no changes to grades disclosure: the student owns their record.

Pillarsofcreation: I understand the value of recommendations in the admission process. Since I have been working as a co-founder of a startup for more than 2 years, I don't have any supervisor, but only my partner to recommend me. How do candidates who are admitted to Yale after heading a business manage recommendations?

Yale_Rebekah: In your situation, I'd recommend a recommendation from your partner, and perhaps one from a customer or investor?

Doctorhm: Are loans provided by Yale to individuals without co-signer? Does Yale have a tie up with Prodigy Finance?

Yale_Rebekah: Yes. We use Prodigy Finance as the provider for international student loans.

Pillarsofcreation: What do you think is the biggest misconception about Yale SOM and the admission process in general that we as candidates don't know about?

Yale_Rebekah: Another great question. I think the same misconception is shared across all of my colleagues at different schools. To get into a strong program like Yale, you don't have to have done unusual and crazy things. You don't need to be extraordinary. In fact, most of our admitted students are very ordinary people who have done very ordinary things. They've just done them extraordinarily well.

whittierst: Should an applicant who is interested (or even applying at the same time for) a joint degree in, for instance, Global Affairs, mention that in his/her application?

Yale_Rebekah: Yes! If you're applying to two degrees at Yale, we like to know. I'd expect it would also inform how you answer the questions along the way as well. We can't guarantee acceptance, but we can coordinate with them a little bit as well.

Doctorhm: What are the most famous electives, irrespective of concentration?

Yale_Rebekah: Popular courses include: Entrepreneurship, Venture Capitalism, Doing Business in the Developing World, anything taught by Jeff Garten

Doctorhm: I have two more questions. First, on an average how many clubs are students usually part of?

Yale_Rebekah: It depends on the clubs because some are pretty intense. If you have a leadership position in the finance club for example, you probably will do that and one 'fun club'. The hockey (ice, not field) is very popular here too. Other people belong to 3-4 clubs, assuming they don't have leadership positions.

Doctorhm: Thank you once again. My second question is what role do student career clubs play in the career search?

Yale_Rebekah: Again, this depends on the club. Finance and consulting help prepare each other for interviews and are invaluable in a career search. Others play a truly extracurricular role (i.e., food and wine club, soccer club).

mib_k5wzxd: How much of a focus is given on seeing the extra-curricular side of the applicant? Is it quite considerable? Or does that only enhances your profile

Yale_Rebekah: It's not really quantity, but quality. Why do you participate in this activity? Is it just to look good on your application or something you care about? Not everyone has the time to do anything other than sleep, eat, and work. We understand that too. It's just more about getting a sense of who you are and what 'makes you tick'.

mbastudent12: Can you talk about recruiting opportunities within the sports industry? I noticed some of the professional leagues in the employment reports

Yale_Rebekah: Yes, we've got some great opportunities at the NBA and other sports organizations. This is a growing field because many of these leagues have only caught on to the value of the MBA in the last decade or so. It's pretty exciting, and surprisingly, they don't always take our students who were competitive athletes (but I'm sure that doesn't hurt!).

Chat Transcript

Attachment:

Yale SOM Admissions Chat 27th August 15.pdf [1.38 MiB]
Downloaded 81 times

aerien

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02 Sep 2015, 03:45

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How's everyone doing with their applications? R1 deadline is coming up fast. Good luck!

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02 Sep 2015, 08:51

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aerien

How's everyone doing with their applications? R1 deadline is coming up fast. Good luck!

Hi aerien,

Nice to see that you are still coming by, hope you are doing great!

I will probably submit my application and the video questions this weekend. It's crazy how fast time goes by!

How about other applicants? Is everyone ready to hit the R1 deadline?

Best,
kheown

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05 Sep 2015, 06:55

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I am indian applicant. Applying as a silver scholar. Pursuing engineering from IIT Delhi. Completed my R1 application on 21 Aug, submitted the video questions just now. A decent experience with the video questions. Since i submitted so early , will i be hearing soon or only in october regarding the interview. The status is" submitted "

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05 Sep 2015, 06:59

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vishalmikki

Hello, I think adcom has said on online webinars that they would only start reviewing applications after the deadline, so that would probable take you to October.

Good luck!

kheown

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WE:Analyst (Commercial Banking)

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Schools: Yale '18 (D) Tuck '18 (M$) Johnson '18 (A$) Kenan-Flagler '18 (A) Carroll '18 (A) Goizueta '18 (WD) Simon '18 (A) Owen '18 (A$)

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05 Sep 2015, 07:42

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vishalmikki

BTW do you know if you can submit your application right before the R1 deadline and then submit the video questions a few days after the deadline? Would that count as a R1 or a R2 application?

Thanks!

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05 Sep 2015, 07:43

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You can complete the video questions on your own schedule until 5 PM ET on September 23rd for Round 1, January 14th for Round 2, and April 25th for Round 3.

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09 Sep 2015, 06:07

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Highest Success Rate for Yale Silver Scholars - Top Early MBA

Talk about selectivity! While tomes have already been written about how selective Stanford, Harvard, and Haas are (see this article from Businessweek and this one from Poets&Quants), few look at the Yale Silver Scholars program which has an acceptance rate that is as low as – if not lower – than Stanford’s 6.8%. Around 200 applicants from around the globe apply for the program every year, and only around 10 make it. If one considers that these applicants must vie for admission to the competitive Yale program without any work experience, the odds are even tougher.

Pretty much the only MBA program of its kind
The one exception that differentiates the Yale program from all others is that while other schools offer direct admissions with certain pre-conditions to their regular MBA programs, Yale offers its Silver Scholars a different path. Successful applicants spend three years at the Yale MBA (against the normal two), the second of which is spent in a full-time internship. Not only does this provide valuable exposure to a professional environment in one’s area of choice, but also acts as a great way to explore the career path that one wishes to ultimately take on later.

There are other, arguably more minor, points too. Students in this program spend the first year at Yale SOM with one MBA Class, and their third year with another. This will lead to more networking opportunities.

Nor are Silver Scholars wanting in terms of professional opportunities. The Yale website lists top-notch firms that hire these students for internships. The big names include BCG, Motorola, Time Inc., and Coca-Cola

Career paths for Silver Scholars

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13 Sep 2015, 02:53

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In for Round 1. Done with video essay too .
The questions were:
1. Why do you decide to pursue an MBA at this point of time?- felt i blabbered a little here.
2. Mention one obstacle you didnt expect- the situation, how you tackled and the end result.- was warmed up by now
3. Some people believe automobiles were an unnecessary innovation and world was much better without them. Agree or disagree? - very suitable question considering i work in automotive. i was good at this one