Short Answer – The average GMAT score at Yale Scholar the last entering class. If you score above 726, you have a fair shot and you will receive an encouraging response to your profile evaluation from the admission committee.
Long Answer – There is no such thing as a safe score, higher is always better. In our years of consulting experience, we have seen our clients with 640 getting selected into top schools like INSEAD and on the other hand, someone with a 770 getting rejected too. A good benchmark that we advise all our clients to beat is the average GMAT score of the last entering class as mentioned in the Class profile published every year. Scoring above the average gets you a fair shot;
“The higher your score, the better is it for your interview or admission chance.”
If you plan to apply with a score that is below the average, then you are starting a fight with one hand tied behind your back or, let’s say, you are starting a few yards behind your competitors. You can definitely catch up in other sections of the application by writing outstanding essays or performing really well in an interview later. But it is always nice to start ahead of the competitor. A higher GMAT score helps one gain a competitive advantage.
“What if you are from the over represented Indian or Asian Pool?”
The over-represented candidate pool of Indian or Chinese applicants usually goes through a rigorous preparation process for GMAT, with a lot of Indian applicants scoring quite high. Hence, the overall competition and the Average score for this diaspora goes up by a few notches. That is why we recommend candidates within the most over-represented profiles to shoot at least 20 points higher than the school’s class profile average.
The average salary at Yale SOM for the last graduating class was $ 160,000. 96.1% of the class was employed with 3 months of graduation with majority of class going into consulting (46%), Finance (21.7%) and technology (7.6%) oriented functional roles.
Throughout their careers, Yale MBAs take on a range of challenges across regions and sectors. The variety of employers that hire Yale SOM students is remarkable, reflecting the initiative and creativity that our students bring to shaping their own careers.
The Tuition fees for Yale SOM MBA is $ 82,200 and an additional $ 32,616 in living cost.
Cost of attendance is your ‘all in cost’ for one year of the academic program. It is for a single student and assumes a modest lifestyle and shared housing.
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We strongly advise all our clients to have a proper excel sheet or a timetables mapped out.
Once you are done with GMAT the entire application process usually take 4-6 weeks
GMAT / GRE Score
If you are not sure about what score to target then look at the average score of the schools you want and shoot above the average.
Get your profile evaluated from a professional consultant and figure out what schools you can target based on your profile
3-4 weeks at least.
Start writing at least 1 month in advance of their 1st deadline. First application usually takes the longest.
School will notify you and give you roughly 1 week to schedule your interview. Ideally, start your prep ASAP and Do some mock interviews.
To apply to the Yale School of Management, applicants must have earned a four-year bachelor’s degree from an accredited U.S. institution or the international equivalent. Applicants must submit the online application (including an essay), and the following materials:
– Transcripts from every college or university attended
– Two professional recommendations
– Complete the video questions
– Complete the behavioral assessment
– Official GMAT or GRE score (valid within 5 years of exam date)
– Pay the application fee
To make the application process as affordable as possible for candidates with diverse backgrounds, the Yale School of Management uses a sliding-scale application fee structure. The standard application fee is $250. For applicants earning less than $30,000 a year, the application fee is $175. For applicants earning less than $15,000 a year, it is $125. The application fee is based on the total annual compensation information you provide in the application. If you are admitted and enroll, we will verify this compensation information. Your offer of admission is contingent on successful verification.
Yale SOM waives the application fee for members of the following groups:
Within the Yale SOM application, you can request a fee waiver if you meet any of these criteria. We ask students requesting a fee waiver to do so at least 48 hours before the application deadline.
Although full-time work experience is strongly encouraged, it is not a requirement for admission. Our incoming students have an average of five years of work experience when they start the program, although the overall range of experience is much wider than that. We also admit a select group of students directly from college through our Silver Scholars Program.
All applicants are automatically considered for a merit scholarship. There is no need to take any additional steps to be considered. If you are awarded a scholarship, you will be notified at the same time you learn of your admission to the program. If you do not receive a merit scholarship, there are other means of financing your MBA studies, including outside scholarships for which you may be eligible. Please visit the Affording Your MBApage for more information.