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2004 FULL-TIME MBA PROFILE
Yale University
Yale School of Management
Address: 135 Prospect Street
New Haven, CT 06520-8200
E-Mail: mba.admissions@yale.edu
Web links: B-school Web site
Directions to school
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B-SCHOOL & PROGRAM BASICS

Classes begin Aug. 30, 2004

Year program was founded 1976
Institution is U.S., Private
Business school accreditation:
AACSB
Length of program 21 months

Enrollment
Total graduate business students n/a
Full-time MBA students n/a
Part-time MBA students n/a
Distance MBA students n/a
Executive MBA students n/a
PhD program students n/a
Doctorate of Business Administration (DBA) students n/a
 
Total undergraduate business students n/a
 
Change in full-time class size in past academic year -7%

STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 34%
International students 1 23%
Married students n/a

For U.S. schools only:
African American students 7%
Alaskan Native of Pacific Islander American students 1%
Asian American students 14%
Mexican American students 0%
Puerto Rican students 0%
Other Hispanic American students 1%
White (non-Hispanic) students 43%
Multiethnic/Multiracial students 2%
Not reported 7%
Other 1%

Students from the following regions:
Africa 2%
Asia 16%
Eastern Europe, Central Europe and Central Asia 1%
Latin America and the Caribbean 2%
Middle East 1%
North America
 (Canada: 4% / U.S.: 96%)
76%
Oceania 1%
Western Europe 9%

North American students by region:
Canada 4%
Mid-Atlantic U.S. 11%
Midwest U.S. 4%
Northeast U.S. 50%
South U.S. 5%
Southwest U.S. 3%
U.S. Possessions and territories 0%
West U.S. 17%

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

CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores - Historical Chart
200420032002
Average696703698
Median700700700
Range (middle 80%)640-740n/an/a

GMAT scores are required as part of the application.


TOEFL Scores
TOEFL scores are required for applicants whose native language is not English.

Average TOEFL score 655
Minimum TOEFL score required 600

Work Experience (months)
Average 48
Range (middle 80%) 24 - 96
New entrants with one year or less of work experience 7%

Student Age (years)
Average 28
Range (middle 80%) 25 - 32

Salary
Average base salary forgone to enter program n/a


ADMISSIONS

Application fee (resident) $180
Application fee (nonresident) $180

1,998 people applied to the full-time MBA program in 2004. The school accepted 25% (selectivity) of those applicants, and 42% of admitted applicants (yield) enrolled in the program.

Selectivity/Yield - Historical Chart
200420032002
Selectivity25%19%15%
Yield42%62%63%

6% of applicants had applied in prior years, and of those reapplicants 24% were accepted.

The B-school placed n/a applicant(s) on its wait list. n/a wait-listed applicants were admitted to the semester for which they applied.

Applicant Profile:
Female applicants 31%
International applicants 1 41%

Interviews for MBA applicants are:
By invitation only

In 2004, the B-school interviewed 55% of its full-time MBA applicants, and 99% of its admitted applicants.

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

COSTS, DEADLINES & FINANCIAL AID

COSTS:
Estimated TOTAL (not annual) cost of full-time MBA program (U.S. dollars)
200420032002
Resident$74,718$68,790$60,730
Nonresident$74,718$68,790$60,730
Expected monthly rent $600
Recommended annual budget (Resident) 1 $55,652
Recommended annual budget (Nonresident) $55,652

2004-2006 DEADLINES:
Application deadline(s)
All applicants:  Oct. 27, 2004
All applicants:  Jan. 12, 2005
All applicants:  Mar. 16, 2005

Rolling admissions? No

Deadline(s) for scheduling an interview
n/a

Financial aid deadline(s)
All applicants:  Mar. 1, 2005
All applicants:  Apr. 30, 2005

FINANCIAL AID:
Full-time MBAs apply for financial aid through a Dedicated financial aid office at the B-school

68% of full-time MBAs applied for financial aid for the 2004-2005 academic year. 68% of full-time MBAs received some form of financial aid for the 2004-2005 academic year.

Of those who received financial aid for the 2004-2005 academic year, 40% received institutional scholarships, 0% received assistantships, and 65% received loans.

Average financial aid package for the 2004-2005 academic year (includes scholarships, assistantships, and loans) $27,000
Scholarships: Based on financial need
academic merit


2 full-tuition scholarships were awarded by the school to full-time MBAs for the 2004-2005 academic year.

How does an applicant apply for scholarship consideration?
Separate scholarship application
All candidates are considered for scholarship


Average scholarship awarded $10,000
Guaranteed loan offered? 2 No
Maximum amount students can borrow n/a
Average outstanding loans for 2004 graduates $59,500

Financial aid Web site


(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. 1995
 
Program director Stanley Garstka
 
Admissions director Anne Coyle
 
Financial aid director Karen Wellman
 
Career services director Coleen Singer
 
Alumni relations director Nevin Kessler

 
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YALE RANKINGS
Full-time MBA rank:
2004:  22    1994:  --    
2002:  14    1992:  --    
2000:  19    1990:  --    
1998:  20    1988:  19    
1996:  22    
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