Hi Lanter,
I have done a lot of research on Yale SOM and somehow get uncanny feeling that Yale and tuck are best suited for me. but still when i read blogs of students from other schools (say like Chicago, harvard, wharton likes...) they tend to see yale in low light, stating faculty is not that great, CDO badly needs improvement. One of them who visited Yale posted that Class participation is not that great by students. Many of them tend to keep Yale as their last choice i.e. if dont get admission anywhere then will go to Yale. Please find below an email i sent to current yale student, who too seems to be complaining in discreet manner about small alumni base to tap into........Would be of great help if you could please address my apprehensions.
[i]Hi Deepak:
Good to hear from you, sorry for the delay in writing you back. Yes, it is very difficult to get into private equity right after school, especially if you do not have any investment banking experience before hand. The most logical path is to come to business school, and then work in banking for a few years before making the jump. In the end, it comes to the relationship that you may build with members of the PE world, and luck, if the fund has an opportunity when you are looking.
In terms of strengths, Yale's class is the smallest among the top 15 b-schools, which is both good and bad. Good because you really get to know all your fellow students, all your professors, and most of the alumni in your field. Bad because that means you have a far smaller alumni base to tap into. The school has a good reputation and string presence in finance, although it is not known as a finance school. Still, about 50% of our graduates end up in finance. The school has a very strong reputation for non-profit and socially responsible business management.
As for my plans, I spent a summer interning at AAA's investment banking division, and plan on going back full time when I graduate. We'll see how the PE thing works out in a few years.
Hope that helps. Please let me know if I can help in any other way. I'm happy to also put you in touch with some of our alums in India, if you'd like to connect with them about the Yale experience.
Best,
XXXX
_______________________________________________________
XXXX
MBA Candidate, Class of 2009
Hello XXXX,
Hope you are doing fine
Its Deepak Goyal here from India and i got your contact form Yale website: XXX club.
I want to do my Mba from a Top tier US B school and Yale of course is one of those schools. I am planning to apply next year. To brief about my profile, i am a chartered accountant by qualification and have 2 years experience till date currently working with CRISIL (S&P India) in equity research. Prior to that i was with Deloitte in statutory audits.
I am primarily interested in joining Private equity post MBA. What is the core strength of Yale like Chicago, Wharton are for Finance. How do you find Yale for Private equity. From whatever limited interaction i had with few students, it seems Yale is known more for Economics, so is it hard to get into PE from there? Even otherwise, from what i understand, its hard to get into Private equity straight after MBA. Just wanted to know how are you planning to approach it.
Thanks in advance,
Deepak Goyal[/i][/i]