MBA Courses at Yale University

What’s new at Yale University MBA Course?

• The  Yale University application deadline for the MBA course is April 9, 2024 (tentative). However, the University has various intakes and has segregated them into three rounds. Check out the below table: 
• As per Financial Times- Global Business School Ranking 2024, Yale School of Management is ranked #15.

Check out: Best MBA colleges in USA 

Yale University MBA Course and Fees

For the 2023-2024 academic year, the tuition fees for the Yale MBA program is USD 82,200. In INR Yale University fees is INR 68,70,716 However, it's important to note that this is just the base tuition fee and does not include additional expenses such as room and board, books and supplies, health insurance, and other personal expenses.

Other expenses in 1st Year

Fees components	Amount
Hostel & Meals	INR 5,58,962
Insurance	INR 2,36,778
Textbooks and Photocopies	INR 83,080
Total	INR 8,78,820

Note* Tuition & expenses were last updated on 10 May 2023

Yale University MBA Admission Dates 2024

Yale MBA admissions are conducted in three rounds every year, giving students multiple chances to enter the course. While Round 1 deadlines generally fall in September, Round 2 and Round 3 dates fall in January and April of the next year, respectively.

Application Round	Application deadline	Application decision
Round 2	January 5, 2023	March 26, 2024
Round 3	April 9, 2024	May 16, 2024

Yale University MBA Admission Requirements 2024

The following are the application requirements for the MBA course at Yale University:

• Academic Qualifications: Applicant must hold a 4-year degree from an accredited US institution or international equivalent.
• Essay: Applicants must submit their Statement of Purpose essay and submit in the MBA application process
• Transcripts: Students should provide official transcripts from all colleges or universities attended.
• LORs: Ap[plicants must submit 2 LORs that can speak to the applicant's qualifications, skills, and potential for success in the program.
• Video Questions: Students must complete the video questions as a part of the application process
• Standardised Test Scores: Submit an official GMAT or GRE score. The test score must be valid for 5 years of the exam date.
• Application Fee: Applicants must pay the application fee of USD250 after they are done with the above process
• A standardised test, although the graduate school does not have tests minimum for admission, individual departments may have minimum requirements. However, they need to give IELTS or TOEFL if the applicant is from a non-English speaking native country. However, there are other standardized examinations, such as GRE and GMAT, which are compulsory, however, might vary depending on the course the applicant choose

These materials are very essential components of the application process for the yale school of Management.

Yale University MBA English Language Proficiency Exams

• TOEFL (Test of English as Foreign Language): Yale’s most competitive applicants typically score at least 100 on the internet-based TOEFL.

• IELTS (International English language testing System): Yale’s most competitive applicants typically have IELTS scores of 7 or higher.
• Cambridge English Qualifications: Yale’s most competitive applicants typically must have scores of 185 or higher on the c1 advanced, c2 proficiency, or b2 first exams.
• DET (Duolingo English Test): Yale’s most competitive applicants have scored at least 120 on the DET.

Yale University’s Acceptance Rate

The acceptance rate of Yale University is just 4.46%. The University upholds its reputation as a highly selective institute. The university Admission process involves a thorough evaluation process, Considering academic excellence, essays, Letter of recommendation, SOP, extracurricular activities and many more. Applicants are suggested to approach the admission process with utter dedication, showcasing their strengths and talents to enter the university. However, the university is a great institution with an exceptional education and renowned faculty.

Yale University MBA Application Process 2024

Planning to apply for Yale University MBA course? Follow the below given steps for an easy sail:

Step 1: Identify your course. The application can be made through the official Yale University portal.

Step 2: Check your requirements thoroughly, and see if your current qualifications are recognised.

Step 3: Applicants must meet the entry requirements checklist below before applying to the university:

• Transcripts of your high school
• Must meet the English requirements

• Three letters of recommendations

• SOP

• USD 105 application fee

• Resume/CV

Step 4: Make sure your English requirements meet the standard of the University.

Step 5: You can submit your application after your requirements are ready.

Step 6: The applicant must pay the application fee of USD 250, which will not be refundable. However, if the applicant can’t afford it, they have a process to waive it. ( Check out how you can waive application fees)

Step 7: you can check out their official portal/applicant might get an official mail if they are selected( However, to check your application status, it is suggested to check out their portal)

Yale University MBA Placements 2023

Yale School of Management at Yale University is in one of the Top MBA schools in the USA in the field of management. According to the full-time employment report 2022, the median salary for international students is USD 151 595, with an average bonus of USD 30,000 annually. Check out the below Yale MBA placements statistics:

Particulars	Details
Overall median salary	USD 160,110
International student’s base median salary	USD 151,595
Popular job sectors	Consulting, Finance / Accounting, Marketing / Sales, General Management, Operations / Logistics
Popular industries	Consulting Services, Finance, Retail, Technology, Consumer Packaged Goods
Unique employers	250+
Popular employers	Accenture, EY, Bank of America, Johnson & Johnson, Abbott, Ralph Lauren
Internships available	Yes
Yale University MBA Placements 2022	Download

Check, which are the Top 10 MBA colleges in the US

Yale University MBA Cost of Living

Yale University offers a frame of MBA program that cater to student’s diverse interests. The University provides two types of MBA programs, one is the MBA program which is a two-year in-residence program for students which accelerates impactful leadership in all roles and industries. On the other hand, Yale University also provides an MBA executive delivered in an executive format specially designed for students with substantial work experience. However, Yale University cost can vary depending on factors such as accommodation status and individual spending. However, International students considering Yale could be a little higher than compared to US citizens. 

Check out: Cost of living in USA 

Cost Information	Total Expenses
Tuition	USD 82,200
Program fee	USD 500
Room, board, and personal expenses	USD 28,266
Textbooks and photocopies	USD 1,000
Health Insurance	USD 2,850

Yale University VS Harvard University Vs Princeton University

Yale, Harvard and Princeton are among the top 3 universities of choice among students planning to study MBA in the USA. It can be inferred that while Harvard is among the best MBA universities in USA, it is also among the expensive ones; however, Princeton and Yale win on the fee charged. Given below comparison of the top-ranked universities for their MBA program based on the parameters including ranking and fees:

MBA Universities	QS Global Rankings 2023	MBA first-year tuition fees
Yale University	#18	INR 37.9L -67.85
Harvard University	#4	INR 61.51L -70.73L
Princeton University	#17	INR 42.59L- 45.99L

Note: Princeton University’s has an MIM program and the above given fees belongs to MIM course.