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2005 FULL-TIME MBA PROFILE
Yale University
Yale School of Management
Address: 135 Prospect Street
New Haven, CT 06520-8200
E-Mail: mba.admission@yale.edu
Web links: B-school Web site
Directions to school
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B-SCHOOL & PROGRAM BASICS

Classes begin Aug. 31, 2005

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 -1%

STUDENT PROFILE - MOST RECENT ENTERING CLASS

Female students in class 34%
International students 1 21%
Married students n/a

For U.S. schools only:
African American students 6%
Alaskan Native of Pacific Islander American students 1%
Asian American students 19%
Mexican American students n/a
Puerto Rican students n/a
Other Hispanic American students 5%
White (non-Hispanic) students 39%
Multiethnic/Multiracial students n/a
Not reported 19%
Other n/a

Students from the following regions:
Africa n/a
Asia 12%
Eastern and Central Europe and Central Asia 1%
Latin America and the Caribbean 5%
Middle East 1%
North America
 (Canada: 4% / U.S.: 96%)
77%
Oceania 5%
Western Europe 8%

North American students by region:
Canada 4%
Mid-Atlantic U.S. 13%
Midwest U.S. 4%
Northeast U.S. 50%
South U.S. 3%
Southwest U.S. 2%
U.S. Possessions and territories n/a
West U.S. 18%

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

CLASS TRAITS - MOST RECENT ENTERING CLASS

GMAT Scores - Historical Chart
20052004200320022001
Average683696703698686
Median690700700700690
Range (middle 80%)640 - 730640 - 740650 - 750640 - 750640 - 740

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 647
Minimum TOEFL score required 600

Work Experience (months)
Average n/a
Median n/a
Range (middle 80%) n/a - n/a
New entrants with one year or less of work experience n/a

Student Age (years)
Average 27
Median 27
Range (middle 80%) 24 - 31

Salary
Average base salary forgone to enter program n/a
Median base salary forgone to enter program n/a


ADMISSIONS

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

2,033 people applied to the full-time MBA program in 2005. The school accepted 28% (selectivity) of those applicants, and 37% of admitted applicants (yield) enrolled in the program.

Selectivity/Yield - Historical Chart
20052004200320022001
Selectivity28%25%19%15%20%
Yield37%42%62%63%57%

5% of applicants had applied in prior years, and of those reapplicants 21% 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 45%

Interviews for MBA applicants are:
By invitation only

In 2005, the B-school interviewed 51% 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)
Program Cost - Historical Chart
20052004200320022001
Resident$78,357$74,718$68,790$60,730$59,560
Nonresident$78,357$74,718$68,790$60,730$59,560
Expected monthly rent $600
Recommended annual budget (Resident) 1 $58,015
Recommended annual budget (Nonresident) $58,015

2005-2007 DEADLINES:
Application deadline(s)
n/a

Rolling admissions? No

Deadline(s) for scheduling an interview
n/a

Financial aid deadline(s)
All applicants:  Mar. 1, 2006
All applicants:  Apr. 30, 2006

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

77% of full-time MBAs applied for financial aid for the 2005-2006 academic year. 77% of full-time MBAs received some form of financial aid for the 2005-2006 academic year.

Of those who received financial aid for the 2005-2006 academic year, 33% received institutional scholarships, n/a received assistantships, and 75% received loans.

Average financial-aid package for the 2005-2006 academic year (includes scholarships, assistantships, and loans) $30,200
Median financial-aid package for the 2005-2006 academic year (includes scholarships, assistantships, and loans) n/a
Range of financial-aid packages $18,400 - $58,015
Scholarships: Based on academic merit
a combination of need and merit


n/a full-tuition scholarships were awarded by the school to full-time MBAs for the 2005-2006 academic year.

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


Average scholarship awarded $10,450
Guaranteed loan offered? 2 Yes
Maximum amount students can borrow n/a
Average outstanding loans for 2005 graduates $62,345
Total money distributed to MBAs in past academic year $1,767,960

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 Joel Podolny
Hired as of July 2005
 
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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Full-time MBA rank:
2004:  22    1994:  --    
2002:  14    1992:  --    
2000:  19    1990:  --    
1998:  20    1988:  19    
1996:  22    
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