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2002 FULL-TIME MBA PROFILE
Yale University
Yale School of Management — Yale MBA

Sections:  Getting In  | Academics & Lifestyle | Careers & Alumni Affairs | Graduate Comments


Address: 135 Prospect Street
Box 208200
New Haven, CT 06520-8200
E-Mail: mba.admissions@yale.edu
Web site: http://mba.yale.edu


ENROLLMENT

2002/2003 Classes begin: Sept. 1, 2002

Year program was founded: 1974

Institution is: U.S., Private

Length of program: 21 months


Total graduate enrollment 505
Full-time 480
Part-time MBA students (on-campus) n/a
Part-time MBA students (distance program) n/a
EMBA n/a
PhD program 25
 
Current total undergraduate business school enrollment n/a
 
Increase in full-time students during last 12 months n/a


STUDENT PROFILE

Female students in class 33%
International students (1) 34%
Underrepresented minority (2) students 10%
Married 20%

Percent students from following regions:
Africa 1%
Asia 15%
Central/South America, Mexico 7%
Eastern Europe 1%
Middle East 1%
North America
 (Canada: 1% / U.S.: 99%)
68%
Oceania 0%
Western Europe 7%

North American students by region:
Canada 1%
Mid-Atlantic U.S. 10%
Midwest U.S. 5%
Northeast U.S. 32%
South U.S. 5%
Southwest U.S. 1%
U.S. Possessions and territories 0%
West U.S. 14%

(1) Students from countries other than the school's home country.

(2) Defined as U.S. citizens who are African American, Hispanic American, and Native American.


CLASS TRAITS

GMAT Scores
Average 698
Range (middle 80%) 640 - 750

TOEFL Scores*
Mean TOEFL score 647
Minimum TOEFL score required 600

Work Experience (months)
Average 59
Range (middle 80%) 24 - 96
Enrolled students with one year or less of work experience n/a

Student Age (years)
Average 28
Range (middle 80%) 24 - 32

Salary
Average annual pay forgone to enter program n/a

* Paper-based equivalent. See TOEFL concordance table for computer-based score equivalents.


ADMISSIONS

Application fee (resident): $180

Application fee (non resident): $180

2,517 people applied to the full-time MBA program in 2002. The school accepted 15% (selectivity) of those applicants, and 63% of admitted applicants (yield) enrolled in the program.

The B-school placed n/a applicant(s) on its wait list, from which n/a ultimately enrolled in the program. 6% of applicants had applied in prior years, and of those reapplicants 10% were accepted.

Applicant Profile:
Female applicants n/a
International applicants (1) n/a
Underrepresented minority (2) applicants n/a
Applicants with one year or less work experience 5%

Interviews for MBA applicants are:
Recommended
By invitation only

In 2002, the B-school interviewed 42% of its full-time MBA applicants, and 100% of its admitted applicants.

(1) Applicants from countries other than the school's home country.

(2) Defined as U.S. citizens who are African American, Hispanic American, and Native American.


INVESTMENT AND DEADLINES FOR CLASS OF 2005

Estimated TOTAL (not annual) cost of full-time MBA program (U.S. dollars)
Resident $60,730
Nonresident $60,730
 
Expected monthly rent $550
Recommended annual budget (1) $47,637

Application deadline(s) Nov. 15, 2002
Jan. 6, 2003
Mar. 14, 2003


Rolling admissions? No

Financial aid deadline(s): Feb. 14, 2003
Mar. 3, 2003

First-year MBAs:
Average financial aid package $21,925
Range (middle 80%) $5,000 - $43,850
Average first-year scholarship awards (not including loans) $11,250

Second-year MBAs:
Average financial aid package $21,925
Range (middle 80%) $5,000 - $43,850
Average second-year scholarship awards (not including loans) $6,500
 
Full-time MBAs receiving financial aid through B-school 63%

Graduate assistantships offered to qualifying MBAs? No

Scholarships are merit or need based?
Merit-based
Need-based

n/a full-tuition scholarships were awarded by the school to full-time MBAs in the past 12 months

Guaranteed loan? (2) No

Maximum amount students can borrow: n/a

Average outstanding loans for 2002 graduates: $53,517

Financial aid web-site:
http://mba.yale.edu

(1) Student budget includes tuition fees and living expenses.

(2) Upon admission, any accepted applicant, regardless of nationality, and without the need of a cosigner, is eligible for a loan.


CONTACTS

Dean Jeffrey E. Garten
Hired as of Nov. 1, 1995
 
MBA program director Stanley Garstka
 
MBA admissions director James R. Stevens
 
MBA financial aid director Karen S. Wellman
 
MBA career services director Coleen Singer
 
Alumni relations director Interim Contact Jeanine L. Morgillo


 
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