Archive for November, 2018

Yale School of Management MBA program ranking

November 15, 2018

This year again, the Yale School of Management ranks among the top 10 in the MBA Guidebook’s Best Business Schools 2019 ranking.

The mission of the Yale School of Management is to educate leaders for business and society with three main objectives:

1. Be the business school that is most integrated with its home university.
2. Be the most distinctively global U.S. business school.
3. Be recognized as the best source of elevated leaders for all sectors and regions.

The MBA program of the Yale School of Management

The Yale MBA Program is a full-time, two-year degree program. MBA Candidates are able to take electives courses at the School of Management during their second semester of their first year and all throughout their second year. These electives include traditional instruction as well as independent reading and research with professors and instructors.

SOM students are also permitted to enroll in the 1000+ classes offered by other graduate and professional schools and at Yale University including the Yale Graduate School of Arts and Sciences, Yale Law School, Yale School of Public Health, and undergrad classes at Yale College.

MBA candidates are required to complete a Global Studies Requirement prior to graduation. This requirement can be fulfilled a number of ways including an International Experience Course, a Global Network Week, a Global Network Course, The Global Social Entrepreneurship Course, the Global Social Enterprise Course, or a term-long international exchange with a partner school.

Joint Degrees

Yale offers the opportunity to pursue an MBA in combination with a degree from Yale Law School, Yale Medical School, the Yale School of Forestry & Environmental Studies, or another of the university’s world-class graduate programs. Yale’s joint-degree programs are intended to prepare leaders who will bring a broad understanding and analytical thinking to whatever industry they work in.

Learn about the program, admissions requirements, and how to get more information on the MBA Guidebook website.

How much does a top MBA degree cost ?

November 8, 2018

Have you ever wanted to know how much does a top MBA degree cost ?

The Foundation for International Business Education has the answer in this month’s release of  The MBA Guidebook and they found out that it is not Harvard or Stanford, or Wharton or Chicago, or Dartmouth or Yale. Instead, Columbia Business School has the most expensive MBA with its two-year, full-time MBA program in New York, reaching $168,307.

The cost of a Harvard MBA is at the middle of the pack of the top ten schools. According to the estimates of the total cost of the degree posted on business school websites, Harvard comes in as the seventh most expensive MBA program among the top 20 U.S. business schools.

Not only is the Columbia MBA program the most expensive, but the school Columbia has the lowest percentage of MBA students who are receiving financial aid from the school–just 55%, well below the 81% at Duke, the 80% at Dartmouth, or the 75% at Stanford.

The total cost of the Columbia program includes two years worth of tuition, fees, books, and the estimated costs to live in New York City. But as often is the case, these numbers are often conservative. Yale’s School of Managment makes clear that its esimates assume a “modest lifestyle.” Cornell informs applicants on its website that its estimate of $11,250 a year for living expenses is “based on the cost of sharing a moderately priced apartment” at a cost of $700 a month rent and putting aside $425 a month for food.

Most MBAs at elite schools will find it hard to live on that budget, especially in New York, Boston, Chicago, or San Francisco. Indeed, perhaps to make these estimates more believable to applicants, Cornell goes out of its way to note, “It is much easier to live like a student when you are a student than to live like a student when you are earning $90,000 annually. If you were to reduce your student loans from $50,000 to $40,000 you would save approximately $121 per month in student loan payments.”