Yale School of Management
Encyclopedia
| Yale School of Management | |
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| Motto Motto A motto is a phrase meant to formally summarize the general motivation or intention of a social group or organization. A motto may be in any language, but Latin is the most used. The local language is usual in the mottoes of governments... |
Novus Ordo Seclorum Novus Ordo Seclorum The phrase Novus ordo seclorum appears on the reverse of the Great Seal of the United States, first designed in 1782 and printed on the back of the United States one-dollar bill since 1935. The phrase also appears on the coat of arms of the Yale School of Management, Yale University's business... (Latin Latin Latin is an Italic language originally spoken in Latium and Ancient Rome. It, along with most European languages, is a descendant of the ancient Proto-Indo-European language. Although it is considered a dead language, a number of scholars and members of the Christian clergy speak it fluently, and... ) |
| Mission Mission statement A mission statement is a statement of the purpose of a company or organization. The mission statement should guide the actions of the organization, spell out its overall goal, provide a path, and guide decision-making... |
Educating leaders for business and society |
| Established | 1976 |
| Type | Private Private school Private schools, also known as independent schools or nonstate schools, are not administered by local, state or national governments; thus, they retain the right to select their students and are funded in whole or in part by charging their students' tuition, rather than relying on mandatory... business school Business school A business school is a university-level institution that confers degrees in Business Administration. It teaches topics such as accounting, administration, economics, entrepreneurship, finance, information systems, marketing, organizational behavior, public relations, strategy, human resource... |
| Endowment Financial endowment A financial endowment is a transfer of money or property donated to an institution. The total value of an institution's investments is often referred to as the institution's endowment and is typically organized as a public charity, private foundation, or trust.... |
U.S. United States The United States of America is a federal constitutional republic comprising fifty states and a federal district... $536 million Million One million or one thousand thousand, is the natural number following 999,999 and preceding 1,000,001. The word is derived from the early Italian millione , from mille, "thousand", plus the augmentative suffix -one.In scientific notation, it is written as or just 106... (2011) |
| Dean Dean (education) In academic administration, a dean is a person with significant authority over a specific academic unit, or over a specific area of concern, or both... |
Edward A. Snyder |
| Faculty Teacher A teacher or schoolteacher is a person who provides education for pupils and students . The role of teacher is often formal and ongoing, carried out at a school or other place of formal education. In many countries, a person who wishes to become a teacher must first obtain specified professional... |
97 (including joint faculty) |
| Students | 454, in 2010-11 (MBA) |
| Location | |
| Affiliations | Yale University Yale University Yale University is a private, Ivy League university located in New Haven, Connecticut, United States. Founded in 1701 in the Colony of Connecticut, the university is the third-oldest institution of higher education in the United States... |
| Website Website A website, also written as Web site, web site, or simply site, is a collection of related web pages containing images, videos or other digital assets. A website is hosted on at least one web server, accessible via a network such as the Internet or a private local area network through an Internet... |
www.mba.yale.edu |
The Yale School of Management (also known as Yale SOM) is the graduate
Graduate school
A graduate school is a school that awards advanced academic degrees with the general requirement that students must have earned a previous undergraduate degree...
business school
Business school
A business school is a university-level institution that confers degrees in Business Administration. It teaches topics such as accounting, administration, economics, entrepreneurship, finance, information systems, marketing, organizational behavior, public relations, strategy, human resource...
of Yale University
Yale University
Yale University is a private, Ivy League university located in New Haven, Connecticut, United States. Founded in 1701 in the Colony of Connecticut, the university is the third-oldest institution of higher education in the United States...
and is located on Hillhouse Avenue
Hillhouse Avenue
Hillhouse Avenue, described, according to tradition, by both Charles Dickens and Mark Twain as "the most beautiful street in America," , is in New Haven, Connecticut and is home to many nineteenth century mansions including the president's house at Yale University...
in New Haven
New Haven, Connecticut
New Haven is the second-largest city in Connecticut and the sixth-largest in New England. According to the 2010 Census, New Haven's population increased by 5.0% between 2000 and 2010, a rate higher than that of the State of Connecticut, and higher than that of the state's five largest cities, and...
, Connecticut
Connecticut
Connecticut is a state in the New England region of the northeastern United States. It is bordered by Rhode Island to the east, Massachusetts to the north, and the state of New York to the west and the south .Connecticut is named for the Connecticut River, the major U.S. river that approximately...
, United States
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
. The School offers Master of Business Administration
Master of Business Administration
The Master of Business Administration is a :master's degree in business administration, which attracts people from a wide range of academic disciplines. The MBA designation originated in the United States, emerging from the late 19th century as the country industrialized and companies sought out...
(MBA) and Ph.D.
Ph.D.
A Ph.D. is a Doctor of Philosophy, an academic degree.Ph.D. may also refer to:* Ph.D. , a 1980s British group*Piled Higher and Deeper, a web comic strip*PhD: Phantasy Degree, a Korean comic series* PhD Docbook renderer, an XML renderer...
degree programs. As of January 2011, 454 students were enrolled in its MBA program. The School has 97 faculty members (including joint faculty) and the dean is Edward A. Snyder.
The School conducts education and research in leadership
Leadership
Leadership has been described as the “process of social influence in which one person can enlist the aid and support of others in the accomplishment of a common task". Other in-depth definitions of leadership have also emerged.-Theories:...
, economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...
, operations management
Operations management
Operations management is an area of management concerned with overseeing, designing, and redesigning business operations in the production of goods and/or services. It involves the responsibility of ensuring that business operations are efficient in terms of using as little resources as needed, and...
, marketing
Marketing
Marketing is the process used to determine what products or services may be of interest to customers, and the strategy to use in sales, communications and business development. It generates the strategy that underlies sales techniques, business communication, and business developments...
, entrepreneurship
Entrepreneurship
Entrepreneurship is the act of being an entrepreneur, which can be defined as "one who undertakes innovations, finance and business acumen in an effort to transform innovations into economic goods". This may result in new organizations or may be part of revitalizing mature organizations in response...
, organizational behavior, and other areas; its most acclaimed programs are finance
Finance
"Finance" is often defined simply as the management of money or “funds” management Modern finance, however, is a family of business activity that includes the origination, marketing, and management of cash and money surrogates through a variety of capital accounts, instruments, and markets created...
and strategic management
Strategic management
Strategic management is a field that deals with the major intended and emergent initiatives taken by general managers on behalf of owners, involving utilization of resources, to enhance the performance of firms in their external environments...
. The School offers a wide range of graduate
Graduate school
A graduate school is a school that awards advanced academic degrees with the general requirement that students must have earned a previous undergraduate degree...
-level academic programs and concentrations. The School is known for its finance faculty, emphasis on ethics, and International Center for Finance. The School has also recently added an Executive MBA in Healthcare degree designed for professionals in the health care industry. The School cosponsors (with the Divinity School
Yale Divinity School
Yale Divinity School is a professional school at Yale University, in New Haven, Connecticut, U.S. preparing students for ordained or lay ministry, or for the academy...
) a seminar on faith and globalization instructed by former British Prime Minister Tony Blair
Tony Blair
Anthony Charles Lynton Blair is a former British Labour Party politician who served as the Prime Minister of the United Kingdom from 2 May 1997 to 27 June 2007. He was the Member of Parliament for Sedgefield from 1983 to 2007 and Leader of the Labour Party from 1994 to 2007...
. The school also offers student exchange programs with HEC Paris, IESE
IESE
IESE Business School is the graduate business school of the University of Navarra. IESE has campuses in Barcelona, Madrid, and New York City and teaching facilities in Munich and Sao Paulo...
, the London School of Economics
London School of Economics
The London School of Economics and Political Science is a public research university specialised in the social sciences located in London, United Kingdom, and a constituent college of the federal University of London...
, and Tsinghua University
Tsinghua University
Tsinghua University , colloquially known in Chinese as Qinghua, is a university in Beijing, China. The school is one of the nine universities of the C9 League. It was established in 1911 under the name "Tsinghua Xuetang" or "Tsinghua College" and was renamed the "Tsinghua School" one year later...
.
The seven most represented undergraduate universities in the MBA student body for the combined classes of 2011-2012 are (in descending order) Yale University
Yale University
Yale University is a private, Ivy League university located in New Haven, Connecticut, United States. Founded in 1701 in the Colony of Connecticut, the university is the third-oldest institution of higher education in the United States...
, University of Pennsylvania
University of Pennsylvania
The University of Pennsylvania is a private, Ivy League university located in Philadelphia, Pennsylvania, United States. Penn is the fourth-oldest institution of higher education in the United States,Penn is the fourth-oldest using the founding dates claimed by each institution...
, Stanford University
Stanford University
The Leland Stanford Junior University, commonly referred to as Stanford University or Stanford, is a private research university on an campus located near Palo Alto, California. It is situated in the northwestern Santa Clara Valley on the San Francisco Peninsula, approximately northwest of San...
, Brown University
Brown University
Brown University is a private, Ivy League university located in Providence, Rhode Island, United States. Founded in 1764 prior to American independence from the British Empire as the College in the English Colony of Rhode Island and Providence Plantations early in the reign of King George III ,...
, Cornell University
Cornell University
Cornell University is an Ivy League university located in Ithaca, New York, United States. It is a private land-grant university, receiving annual funding from the State of New York for certain educational missions...
, Harvard University
Harvard University
Harvard University is a private Ivy League university located in Cambridge, Massachusetts, United States, established in 1636 by the Massachusetts legislature. Harvard is the oldest institution of higher learning in the United States and the first corporation chartered in the country...
, and Columbia University
Columbia University
Columbia University in the City of New York is a private, Ivy League university in Manhattan, New York City. Columbia is the oldest institution of higher learning in the state of New York, the fifth oldest in the United States, and one of the country's nine Colonial Colleges founded before the...
. The class of 2012 has an average GMAT score of 722, an average undergraduate GPA of 3.52, and an average of 5 years of full-time work experience. The acceptance rate was 17.3%. For the class of 2010, mean base salary upon graduation was $98,324. Mean signing bonus was $26,493.
Campus
Henry Austin (architect)
Henry Austin was a prominent and prolific American architect based in New Haven, Connecticut. He practiced for more than fifty years and designed many public buildings and homes primarily in the New Haven area...
. The campus also includes contemporary facilities, such as Donaldson Commons, which is named after William H. Donaldson
William H. Donaldson
William Henry Donaldson was the 27th Chairman of the U.S. Securities and Exchange Commission , serving from February 2003 to June 2005...
, the founding dean of the School.
A planned new campus and main building, at an estimated cost of US $150 million, is scheduled for completion by 2013. On September 17, 2007, Yale University President Richard Levin announced that renowned architectural firm Foster + Partners
Foster and Partners
Foster + Partners is an architectural firm based in London. The practice is led by its founder and Chairman, Norman Foster, and has constructed many high-profile glass-and-steel buildings....
was selected to build the new campus. On December 20, 2010, President Levin announced that Yale had received a US $50 million gift from Yale alumnus Edward P. Evans, which will be recognized with the naming of the new main building as Edward P. Evans Hall. Ground was broken for the new campus on April 26, 2011.
Integrated curriculum
For the 2006-2007 academic year, the School introduced its "Integrated Curriculum," an effort to move away from the typical "siloed" teaching approach to a more functional and integrated perspective. As part of the Integrated Curriculum, first year students examine various roles that people and organizations play and how they affect a business: internal roles include employee, operations engine, finance manager, and innovator; external roles include investor, customer, competitor, the State and society. Also, first-year students take at least one elective and are required to spend two weeks studying abroad, meeting with business leaders and government officials in Brazil, China, India, Ghana, Egypt, Israel, Japan, UAE, or elsewhere. The second-year curriculum comprises electives. The new curriculum is unique among those offered by leading business schools.Rankings
- #3 The Aspen Institute (ranking based on expertise in social, ethical, and environmental issues), US Rankings
- #2 for Coursework
- #4 for Business Impact
- #10 for Faculty Research
- #6 The Princeton Review Selectivity Rating
- #3 for Best Classroom Experience
- #8 for Best Professors
- #9 for Best Career Prospects
- #7 Financial Times, US MBA programs (#15 globally)
- #10 U.S. News & World Report
- #1 for Nonprofit
- #11 Forbes
- #13 in North America in the 2010 QS Global 200 Business Schools ReportQS Global 200 Business Schools ReportThe QS Global 200 Business Schools Report identifies the most popular business schools in each region of the world. It aims to serve employers seeking MBAs at a regional level. It originated in the early 1990s under the partnership Quacquarelli Symonds. The TopMBA Career Guide was made in 1990, and...
- #16 The Economist, US MBA Programs (#26 globally)
- #21 Businessweek
Joint-degree and scholarship programs
The School's joint-degree programs include the MBA/JD with Yale Law SchoolYale Law School
Yale Law School, or YLS, is the law school of Yale University in New Haven, Connecticut, United States. Established in 1824, it offers the J.D., LL.M., J.S.D. and M.S.L. degrees in law. It also hosts visiting scholars, visiting researchers and a number of legal research centers...
, MBA/MD with Yale School of Medicine
Yale School of Medicine
The Yale School of Medicine at Yale University is a private medical school located in New Haven, Connecticut, U.S. It was founded in 1810 as The Medical Institution of Yale College, and formally opened its doors in 1813....
, MBA/PhD with Yale Graduate School of Arts and Sciences
Yale Graduate School of Arts and Sciences
The Yale Graduate School of Arts and Sciences, founded in 1847, is one of the oldest graduate schools in the United States. It conferred the first Ph.D...
, MBA/MEM with Yale School of Forestry and Environmental Studies, MBA/MArch with Yale School of Architecture
Yale School of Architecture
The Yale School of Architecture is one of the constituent professional schools of Yale University. It is generally considered to be one of the most prestigious architecture schools in the world.- History :...
, MBA/MFA with Yale School of Drama
Yale School of Drama
The Yale School of Drama is a graduate professional school of Yale University providing training in every discipline of the theatre: acting, design , directing, dramaturgy and dramatic criticism, playwriting, stage management, sound design, technical design and production, and theater...
, MBA/MDiv or MBA/MAR with Yale Divinity School
Yale Divinity School
Yale Divinity School is a professional school at Yale University, in New Haven, Connecticut, U.S. preparing students for ordained or lay ministry, or for the academy...
, MBA/MPH with Yale School of Public Health
Yale School of Public Health
The Yale School of Public Health was founded in 1915 by Charles-Edward Amory Winslow and is one of the oldest public health masters programs in the United States...
, MBA/MA in International Relations with Yale Graduate School of Arts and Sciences
Yale Graduate School of Arts and Sciences
The Yale Graduate School of Arts and Sciences, founded in 1847, is one of the oldest graduate schools in the United States. It conferred the first Ph.D...
, and MBA/MA in Russian and East European Studies with Yale Graduate School of Arts and Sciences
Yale Graduate School of Arts and Sciences
The Yale Graduate School of Arts and Sciences, founded in 1847, is one of the oldest graduate schools in the United States. It conferred the first Ph.D...
.
The School also offers the Silver Scholars Program for exceptional college seniors. Among traditional MBA applicants, approximately 30% of incoming students receive merit-based academic scholarships based on prior academic performance, evidence of leadership potential, and standardized test scores.
For students interested in pursuing careers in government or non-profit sectors, Yale SOM offers a generous loan forgiveness policy. Eligible alumni may apply at any time during the first 10 years following graduation. Graduates with incomes of $77,600 or less who work full-time for government or nonprofit organizations receive full reimbursement for their annual debt repayment on need-based loans. Those who make more than $77,600 can receive partial loan forgiveness.http://mba.yale.edu/MBA/admissions/financial_aid/loan_forgiveness.shtml
Student life
Students at the School, like all Yale University students and alumni, are called "Yalies" or "Elis" after Elihu YaleElihu Yale
Elihu Yale was a Welsh merchant and philanthropist, governor of the East India Company, and a benefactor of the Collegiate School of Connecticut, which in 1718 was named Yale College in his honour.- Life :...
; they are also known as "SOMers." They operate more than 50 MBA student clubs. There are career-oriented clubs such as Finance, Private Equity, Biotechnology, Investment Management, Technology, Marketing and Consulting. There are also clinic type clubs, such as Global Social Enterprise and SOM Outreach, through which students complete pro bono consulting engagements with local and international non-profits. There are also athletic clubs including soccer, frisbee, crew, skiing, and squash. SOM participates in the coed MBA ice hockey tournaments during winter months. The Yale SOM Cup soccer tournament is held in October and attracts clubs from numerous top business schools. Each November, many students attend the Harvard-Yale football game (known as "The Game"), the location of which alternates each year between New Haven and Cambridge. The weekend's activities include the Harvard-Yale Leadership & Ethics Debate, an annual contest between the two schools' MBA students. Yale MBA students, like other members of the Yale graduate student community, frequent Gryphon’s Pub, the bar owned and operated by GPSCY (Graduate and Professional Students Center at Yale).
More graduates of the Yale School of Management enter management scholarship than do their contemporaries at other graduate schools of business, with more MBA graduates entering doctoral programs in business.
Research and endowment
The School is home to the following research centers:- International Center for Finance
- Center for Customer Insights
- The Millstein Center for Corporate Governance and Performance
- Program on Social Enterprise
- Center for Business and Environment
The School's endowment
Financial endowment
A financial endowment is a transfer of money or property donated to an institution. The total value of an institution's investments is often referred to as the institution's endowment and is typically organized as a public charity, private foundation, or trust....
fund, valued at US $536 million in 2011, is part of the larger Yale University endowment. The endowment is primarily used according to the donors' wishes, which include the support of teaching and research. Yale University endowment fund manager David Swensen
David Swensen
David F. Swensen has been the Chief Investment Officer at Yale University since 1985. He is responsible for managing and investing the University's endowment assets and investment funds, which total $19.4 billion...
has generated exceptional investment returns over the past two decades.
Prominent faculty
| Dean | Years | |
|---|---|---|
| 1 | William H. Donaldson William H. Donaldson William Henry Donaldson was the 27th Chairman of the U.S. Securities and Exchange Commission , serving from February 2003 to June 2005... |
(1976–1980) |
| 2 | Geoffrey C. Hazard, Jr. Geoffrey C. Hazard, Jr. Geoffrey Cornell Hazard, Jr. is Trustee Professor of Law at the University of Pennsylvania Law School and the Thomas E. Miller Distinguished Professor of Law at the University of California's Hastings College of the Law. He is also Sterling Professor Emeritus of Law at Yale Law... |
(1980–1981) |
| 3 | Burton G. Malkiel | (1981–1988) |
| 4 | Michael E. Levine Michael E. Levine Michael E. Levine is a "Distinguished Research Scholar" at the New York University School of Law. He has been involved in the world of air transportation and its regulation as a senior airline executive, an academic and a government official... |
(1988–1992) |
| 5 | Paul MacAvoy | (1992–1994) |
| 6 | Stanley Garstka | (1994–1995) |
| 7 | Jeffrey Garten Jeffrey Garten Jeffrey Elliot Garten was the Undersecretary of Commerce for International Trade under the Clinton administration and former Dean of the Yale School of Management... |
(1995–2005) |
| 8 | Joel M. Podolny Joel M. Podolny Joel M. Podolny is an American sociologist and is the former Dean of the Yale School of Management. On November 1, 2008, Podolny stepped down as dean to be replaced by Sharon Oster, and in early 2009 assumed the position of Senior Vice President of Human Resources, and Dean of Apple Inc.'s new... |
(2005–2008) |
| 9 | Sharon Oster Sharon Oster Sharon Oster is Frederic D. Wolfe Professor of Management and Entrepreneurship at Yale School of Management. She is widely known as an economist focusing on business strategy and non-profit organization management. Sharon lives in New Haven, Connecticut, with her husband Ray Fair, a professor at... |
(2008–2011) |
| 10 | Ted Snyder Ted Snyder (economist) Edward A. "Ted" Snyder is an American economist and the dean and William S. Beinecke Professor of Economics and Management at Yale University's School of Management... |
(2011–Present) |
- Paul BrackenPaul BrackenPaul Bracken is a professor of political science and business at Yale University. Professor Bracken grew up in Philadelphia. He received his Bachelor of Science degree from Columbia University in 1971 and his PhD in Operations Research in 1982 from Yale University.Bracken is a member of the Council...
- specialist in global competition and the strategic application of technology in defense and business; member of the Chief of Naval Operations Executive Panel and US Joint Forces Command Transformation Advisory Group - David M. Cromwell - former president and CEO of JPMorgan Capital Corporation
- Frank J. FabozziFrank J. FabozziFrank J. Fabozzi is Professor of Finance at EDHEC Business School, one of Europe’s leading business schools, and a Member of . He was previously a Professor in the Practice of Finance and Becton Fellow in the Yale School of Management...
- Editor, Journal of Portfolio Management; prolific investment book author - Jeffrey GartenJeffrey GartenJeffrey Elliot Garten was the Undersecretary of Commerce for International Trade under the Clinton administration and former Dean of the Yale School of Management...
- former Under Secretary of Commerce for International TradeUnder Secretary of Commerce for International TradeThe Under Secretary for International Trade is a position within the United States Department of Commerce that leads the International Trade Administration. The Under Secretary also serves as a member of the Tourism Policy Council and the National Intellectual Property Council. The Under Secretary... - Gary GortonGary GortonGary B. Gorton is an American economist who currently serves as professor at Yale School of Management. He is a central figure in the study of the global financial crisis of 2008–2009.-Life and career:...
- expert in stock and futures markets, banking, and asset pricing; Editor, Review of Economic StudiesReview of Economic StudiesThe Review of Economic Studies is a peer-reviewed academic journal in economics. It was established in 1933 and is published by Wiley-Blackwell. It is the eighth-ranked economics journal in overall impact according to the ranking of Kalaitzidakis et al... - Roger G. IbbotsonRoger G. IbbotsonRoger G. Ibbotson is professor of finance at Yale School of Management and has written extensively on capital market returns, cost of capital, and international investment. He is the former chairman and founder of Ibbotson Associates, a financial research and information firm that was acquired by...
- Chairman, Chief Investment Officer, and co-founder of Zebra Capital Management, LLC, an equity hedge fund management firm; founder of Ibbotson Associates (a division of Morningstar, Inc.Morningstar, Inc.Morningstar, Inc. is an independent investment research company based in Chicago, Illinois, USA.-Businesses:Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offers an extensive line of products and services for...
); financial markets expert and co-author of Global Investing - Edward H. KaplanEdward H. KaplanEdward H. Kaplan is the William N. and Marie A. Beach Professor of Management Science at the Yale School of Management, Professor of Public Health at the Yale School of Medicine, and Professor of Engineering in the Yale Faculty of Engineering.-External links:...
- operations research specialist; recipient of the Lanchester Prize and the Edelman Award - Barry NalebuffBarry NalebuffBarry Nalebuff is Milton Steinbach Professor of Management at Yale School of Management. He is an expert in business strategy and game theory, as well as many other topics.-Education:Graduated Highschool at Belmont Hill School...
- game theory specialist; co-founder of Honest Tea, Inc.Honest TeaHonest Tea is a bottled organic tea company based in Bethesda, Maryland. It was founded in 1998 by Seth Goldman and Barry Nalebuff. On February 5, 2008, the Coca-Cola Company announced its purchase of a 40% stake of the company at $43 million....
, a fast-growing beverage company - Sharon OsterSharon OsterSharon Oster is Frederic D. Wolfe Professor of Management and Entrepreneurship at Yale School of Management. She is widely known as an economist focusing on business strategy and non-profit organization management. Sharon lives in New Haven, Connecticut, with her husband Ray Fair, a professor at...
- competitive strategy authority; author of Modern Competitive Analysis - Stephen RoachStephen S. RoachStephen S. Roach is a senior executive with Morgan Stanley, the New York-based investment bank. In addition to his position at Morgan Stanley, Roach is a lecturer at Yale University's School of Management and Jackson Institute for Global Affairs.-Career:...
- Non-Executive Chairman of Morgan StanleyMorgan StanleyMorgan Stanley is a global financial services firm headquartered in New York City serving a diversified group of corporations, governments, financial institutions, and individuals. Morgan Stanley also operates in 36 countries around the world, with over 600 offices and a workforce of over 60,000....
Asia; former Managing Director and Chief Economist of Morgan StanleyMorgan StanleyMorgan Stanley is a global financial services firm headquartered in New York City serving a diversified group of corporations, governments, financial institutions, and individuals. Morgan Stanley also operates in 36 countries around the world, with over 600 offices and a workforce of over 60,000.... - Robert ShillerRobert ShillerRobert James "Bob" Shiller is an American economist, academic, and best-selling author. He currently serves as the Arthur M. Okun Professor of Economics at Yale University and is a Fellow at the Yale International Center for Finance, Yale School of Management...
- behavioral finance expert; Chief Economist and co-founder of MacroMarkets, LLC, a financial markets firm; author of Irrational ExuberanceIrrational Exuberance (book)Irrational Exuberance is a March 2000 book written by Yale University professor Robert Shiller, named after Alan Greenspan's "irrational exuberance" quote. Published at the height of the dot-com boom, it put forth several arguments demonstrating how the stock markets were overvalued at the time...
, Market Volatility, The New Financial Order: Risk In The 21st Century, and Macro MarketsMacro MarketsMacro Markets is a book by Robert Shiller. It was published in 1993 by the Clarendon Press imprint of the Oxford University Press. It suggests that humans cannot fully diversify away their risk as portfolio theory would like us to. This is because there are missing markets, such as the general...
; co-developer of the Case-Shiller index - Jeffrey SonnenfeldJeffrey SonnenfeldJeffrey Sonnenfeld is Senior Associate Dean for Executive Programs and Lester Crown Professor in the Practice of Management at Yale School of Management where he has taught since 1999...
- President and founder, The Chief Executive Leadership Institute - David SwensenDavid SwensenDavid F. Swensen has been the Chief Investment Officer at Yale University since 1985. He is responsible for managing and investing the University's endowment assets and investment funds, which total $19.4 billion...
(adjunct) - Yale University Chief Investment Officer; manager of US $18 billion university endowment portfolio; developer of the Yale Model of investing; author of Pioneering Portfolio Management - Arthur SwerseyArthur SwerseyArthur Jay Swersey is a professor of Operations Research at the Yale School of Management. He did his undergraduate studies at the Massachusetts Institute of Technology, and earned a masters degree and a doctorate from Columbia University.-References:...
- specialist in production and inventory management, quality management, and mathematical modeling - Victor VroomVictor VroomVictor H. Vroom is a business school professor at the Yale School of Management, who was born on 9 August 1932 in Montreal, Canada. He holds a PhD from University of Michigan....
- pioneer of expectancy theoryExpectancy theoryExpectancy Theory proposes that a person will decide to behave or act in a certain way because they are motivated to select a specific behavior over other behaviors due to what they expect the result of that selected behavior will be. In essence, the motivation of the behavior selection is... - Martin J. WhitmanMartin J. WhitmanMartin J. Whitman is an American investment advisor and a strong critic of the direction of recent changes in Generally Accepted Accounting Principles in the U.S...
(adjunct) - Chairman, Chief Executive Officer, and Chief Investment Officer of Third Avenue Funds; author of The Aggressive Conservative Investor and Value Investing
Prominent alumni
Also see: List of Yale University people- Tom Ascheim - CEO, Newsweek, Inc.NewsweekNewsweek is an American weekly news magazine published in New York City. It is distributed throughout the United States and internationally. It is the second-largest news weekly magazine in the U.S., having trailed Time in circulation and advertising revenue for most of its existence...
- Laszlo Bock - Vice President, People Operations, GoogleGoogleGoogle Inc. is an American multinational public corporation invested in Internet search, cloud computing, and advertising technologies. Google hosts and develops a number of Internet-based services and products, and generates profit primarily from advertising through its AdWords program...
- Roger H. BrownRoger H. BrownRoger H. Brown is president of Berklee College of Music, cofounder of Bright Horizons Family Solutions, an international relief agency manager and a dedicated philanthropist.-Career:...
- President, Berklee College of MusicBerklee College of MusicBerklee College of Music, located in Boston, Massachusetts, is the largest independent college of contemporary music in the world. Known primarily as a school for jazz, rock and popular music, it also offers college-level courses in a wide range of contemporary and historic styles, including hip... - Joaquin AvilaJoaquin AvilaJoaquin Avila is Managing Director of the global private equity firm, Carlyle Group, where he is responsible for researching and discovering opportunities in the field of buyout investments.He holds a B.S. from Universidad IberoAmericana, a M.S...
- Managing Director, Carlyle GroupCarlyle GroupThe Carlyle Group is an American-based global asset management firm, specializing in private equity, based in Washington, D.C. The Carlyle Group operates in four business areas: corporate private equity, real assets, market strategies and fund-of-funds, through its AlpInvest subsidiary... - Tim Collins (financier)Tim Collins (financier)Timothy C. Collins, born 1956, is the founder, senior managing director, and chief executive officer of Ripplewood Holdings LLC. He also sits on the Board of Directors of Citigroup....
- CEO and founder, Ripplewood Holdings LLC - David S. DanielDavid S. DanielDavid S. Daniel is the CEO of Spencer Stuart and has been with the company since 1994. Previously, he served as president and CEO of Simint USA, a division of Armani Jeans. Prior to that, he was president of Louis Vuitton, North America, and CEO of Evian Waters of France...
- CEO, Spencer Stuart & Co. - Michael R. EisensonMichael R. EisensonMichael R. Eisenson is co-founder, managing director and chief executive officer of Charlesbank Capital Partners, LLC, a private equity investment firm based in Boston and New York....
- CEO, Managing Director, and co-founder, Charlesbank Capital PartnersCharlesbank Capital PartnersCharlesbank Capital Partners is a private equity investment firm focusing on leveraged buyout transactions involving middle-market companies.The founders of Charlesbank came together in 1991 as Harvard Private Capital Group to manage the private equity investment portfolio for Harvard Management... - James Firestone - President, Corporate Operations, XeroxXeroxXerox Corporation is an American multinational document management corporation that produced and sells a range of color and black-and-white printers, multifunction systems, photo copiers, digital production printing presses, and related consulting services and supplies...
- Donald GipsDonald GipsDonald H. Gips, born in 1960, was the Divisional Vice President of Corporate Strategy and Development for Level 3 Communications. and Director of Mindspeed Technologies, Incorporated. He was also on the advisory board for President Barack Obama's presidential transition team.In the late 1990s Gips...
- United States Ambassador to South AfricaUnited States Ambassador to South AfricaBefore 1902, The southern part of Africa that is now South Africa was under the hegemony of Great Britain. There also were two self-proclaimed independent states: Transvaal and the Orange Free State. The British and the Boers fought two wars known as the First Boer War and the Second Boer War... - Anne GloverAnne GloverAnne Glover is CEO and co-founder of Amadeus Capital Partners, a venture capital firm that invests in European high-technology companies. Prior to founding Amadeus in 1997, she was with Apax Partners & Company Ventures, where she was a member of the investment team. She also has experience as a...
- CEO and co-founder, Amadeus Capital Partners - Andrew K. GoldenAndrew K. GoldenAndrew K. Golden is President of the Princeton University Investment Company which manages the university's financial endowment. According to a report in the Daily Princetonian, the endowment earned a 5.6 percent return for the 12 months ended in June 2008, growing from $15.8 billion to $16.4...
- President, Princeton University Investment CompanyPrinceton UniversityPrinceton University is a private research university located in Princeton, New Jersey, United States. The school is one of the eight universities of the Ivy League, and is one of the nine Colonial Colleges founded before the American Revolution.... - Seth Goldman (businessman)Seth Goldman (businessman)Seth Goldman is president and TeaEO of Honest Tea, which he co-founded in 1998 with his former business school professor, Barry Nalebuff.Before launching Honest Tea, Goldman was Vice President of the Calvert Group, which created the Calvert Social Index...
- CEO and President, Honest TeaHonest TeaHonest Tea is a bottled organic tea company based in Bethesda, Maryland. It was founded in 1998 by Seth Goldman and Barry Nalebuff. On February 5, 2008, the Coca-Cola Company announced its purchase of a 40% stake of the company at $43 million.... - Jack Griffin - CEO, Time, Inc.
- John D. HowardJohn D. HowardJohn D. Howard is CEO of Irving Place Capital and was Senior Managing Director of Bear Stearns. He is the manager of the $3 billion Bear Stearns Merchant Banking Fund III...
- CEO, Irving Place CapitalIrving Place CapitalIrving Place Capital, formerly known as Bear Stearns Merchant Banking , is a private equity firm focused on leveraged buyout and growth capital investments in middle-market companies across a range of industries....
(formerly Bear Stearns Merchant Banking) - Mary Ellen IskenderianMary Ellen IskenderianMary Ellen Iskenderian is President and CEO of Women's World Banking since September 2006.Prior to joining WWB, Mary Ellen was a senior manager at the International Finance Corporation of the World Bank Group and held leadership positions including Director of Partnership Development, Director of...
- CEO and President, Women's World BankingWomen's World BankingWomen’s World Banking spcial organisation is a nonprofit organization that provides strategic support, technical assistance and information to a global network of 40 independent microfinance institutions and banks that offer credit and other financial services to low-income entrepreneurs in the... - Martha N. JohnsonMartha N. JohnsonMartha N. Johnson is a former official in the administration of President Bill Clinton who currently leads the U.S. General Services Administration as the Administrator of General Services.- Early life and education :...
- Administrator, United States General Services AdministrationGeneral Services AdministrationThe General Services Administration is an independent agency of the United States government, established in 1949 to help manage and support the basic functioning of federal agencies. The GSA supplies products and communications for U.S... - Ellis JonesEllis JonesEllis Jones may refer to:*Ellis Jones , American sociologist and author*Ellis Jones , British actor*Ellis Jones , Chief Executive...
- CEO, Wasserstein & Co. - Trish KarterTrish KarterTrish Karter is an American entrepreneur and the founder of the Dancing Deer Baking Co..-Early life and education:Karter is a graduate of Lyme-Old Lyme High School, Wheaton College, and the Yale School of Management....
, founder of the Dancing Deer Baking Co.Dancing Deer Baking Co.Dancing Deer Baking Co. is a mail order bakery with its headquarters in Boston. The company specializes in all natural, Kosher cookies, cakes and brownies... - Richard Kauffman - Chairman, Levi Strauss & Co.Levi Strauss & Co.Levi Strauss & Co. is a privately held American clothing company known worldwide for its Levi's brand of denim jeans. It was founded in 1853 when Levi Strauss came from Buttenheim, Franconia, to San Francisco, California to open a west coast branch of his brothers' New York dry goods business...
- Neal Keny-Guyer - CEO, Mercy CorpsMercy CorpsMercy Corps is a global aid agency engaged in transitional environments that have experienced some sort of shock: natural disaster, economic collapse, or conflict. People working for it move as quickly as possible from bringing in food and supplies to enabling people to rebuild their economy with...
- James P. KelleyJames P. KelleyJames P. Kelley is President and partner of Vestar Capital Partners, along with Robert L. Rosner and Daniel O'Сonnell. Vestar today is a $7 billion private equity firm concentrating its investments in management buyouts, growth capital, and recapitalisations. Prior to the founding of Vestar in...
- President, Vestar Capital PartnersVestar Capital PartnersVestar Capital Partners is an American private equity firm focusing on leveraged buyout transactions in the United States, Europe and Asia.The firm, which was founded in 1988 is headquartered in New York City with offices in Boston, Massachusetts, Denver, Colorado in the US as well as Paris, Milan,... - Ned LamontNed LamontEdward Miner "Ned" Lamont, Jr. is a businessman and heir and most recently an unsuccessful candidate for the 2010 Democratic nomination for Governor of Connecticut. On May 22, 2010, Lamont received more than fifteen percent of the vote at the state Democratic convention, and appeared on the...
- Chairman of Lamont Digital Systems, political challenger to Joe LiebermanJoe LiebermanJoseph Isadore "Joe" Lieberman is the senior United States Senator from Connecticut. A former member of the Democratic Party, he was the party's nominee for Vice President in the 2000 election. Currently an independent, he remains closely affiliated with the party.Born in Stamford, Connecticut,... - Austin LigonAustin LigonWilliam Austin Ligon is the co-founder and retired CEO of CarMax, Inc. He retired in June 2006, and is now a private angel-stage investor. Among his recent investments are Gazelle.com; Redfin.com; Zigmo; Café Caturra; and MotorExchange India....
- Co-founder and retired CEO, CarMaxCarMaxCarMax is the United States' largest used-car retailer and a Fortune 500 company. The first CarMax used car auto superstore was opened in September 1993. In the fiscal year ending February 28, 2009, more than 350,000 cars were sold; as of August 2010 the company has 103 locations.- Concept :The... - Constance McKeeConstance McKeeConstance McKee is the founder, President and CEO of Asilomar Pharmaceuticals. She is the co-inventor of one of the technologies upon which Asilomar's products are based. She is the former CEO of SynGenix Limited of Cambridge, UK...
- CEO, President, and founder, Asilomar Pharmaceuticals - Linda Mason - Chairman and founder, Bright Horizons Family Solutions
- Jane MendilloJane MendilloJane Mendillo is the President and Chief Executive Officer of Harvard Management Company.Jane returned to Harvard Management Company as its president and chief executive officer on July 1, 2008 and is now responsible for directing Harvard's $35 billion endowment.Prior to rejoining Harvard, she was...
- CEO and President, Harvard Management CompanyHarvard Management CompanyHarvard Management Company or HMC is an American investment management corporation wholly owned subsidiary of Harvard University, charged with managing the university's endowment, pension assets, working capital, and non-cash gifts... - Wendi Deng Murdoch - Director, MySpaceMySpaceMyspace is a social networking service owned by Specific Media LLC and pop star Justin Timberlake. Myspace launched in August 2003 and is headquartered in Beverly Hills, California. In August 2011, Myspace had 33.1 million unique U.S. visitors....
China; former VP, News CorporationNews CorporationNews Corporation or News Corp. is an American multinational media conglomerate. It is the world's second-largest media conglomerate as of 2011 in terms of revenue, and the world's third largest in entertainment as of 2009, although the BBC remains the world's largest broadcaster...
; wife of Rupert MurdochRupert MurdochKeith Rupert Murdoch, AC, KSG is an Australian-American business magnate. He is the founder and Chairman and CEO of , the world's second-largest media conglomerate....
*Ranji H. NagaswamiRanji H. NagaswamiRanji H. Nagaswami is the Chief Investment Officer for AllianceBernstein Fund Investors. She has held this position since 2004. Nagaswami has responsibility for growth, value, and core stock as well as fixed income investments. She chairs the retail investors investment policy group and has been...
- Chief Investment Officer, AllianceBernstein Fund Investors - Indra NooyiIndra NooyiIndra Krishnamurthy Nooyi is an Indian-born American business executive. She is the current Chairman and Chief Executive Officer of PepsiCo, the second largest food & beverage business in the world ....
- CEO, PepsiCo, Inc. - Daniel S. O'Connell - CEO and founder, Vestar Capital PartnersVestar Capital PartnersVestar Capital Partners is an American private equity firm focusing on leveraged buyout transactions in the United States, Europe and Asia.The firm, which was founded in 1988 is headquartered in New York City with offices in Boston, Massachusetts, Denver, Colorado in the US as well as Paris, Milan,...
- Bobby SagerBobby SagerBobby Sager is an American philanthropist and photographer, best known for founding the Sager Family Traveling Foundation and Roadshow, a charitable organization. Sager also was a partner and the president of Gordon Brothers Group from 1985 to 2000.- Early life :Sager was raised in Malden,...
- title character of NBCNBCThe National Broadcasting Company is an American commercial broadcasting television network and former radio network headquartered in the GE Building in New York City's Rockefeller Center with additional major offices near Los Angeles and in Chicago...
TV show The PhilanthropistThe PhilanthropistThe Philanthropist is a quarterly academic journal devoted to the legal, management and accounting issues facing charitable and not-for-profit organizations in Canada. It was founded as an occasional publication of the Trusts and Estates Section of the Canadian Bar Association - Ontario in...
is loosely based on Sager. - Nanpeng (Neil) Shen - Co-founder of Ctrip.com, founding managing partner of Sequoia CapitalSequoia CapitalSequoia Capital is a Californian venture capital firm located on Sand Hill Road in Menlo Park, California. The Wall Street Journal has called Sequoia Capital "one of the highest-caliber venture firms", and noted that it is "one of Silicon Valley's most influential venture-capital firms"...
China - D. Ellen Shuman - Chief Investment Officer, Carnegie Corporation
- Dean Takahashi - Senior Director of Investments, Yale Investments Office
- John L. ThorntonJohn L. ThorntonJohn Lawson Thornton is Professor and Director of Global Leadership at Tsinghua University in Beijing. He is a former President and Co-COO of Goldman Sachs. In 1983, Thornton founded and developed Goldman Sachs' European mergers and acquisitions business. He served as co-CEO of Goldman Sachs...
- Professor and Director of Global Leadership, Tsinghua UniversityTsinghua UniversityTsinghua University , colloquially known in Chinese as Qinghua, is a university in Beijing, China. The school is one of the nine universities of the C9 League. It was established in 1911 under the name "Tsinghua Xuetang" or "Tsinghua College" and was renamed the "Tsinghua School" one year later...
; Senior Advisor and Former President and Co-COO, Goldman SachsGoldman SachsThe Goldman Sachs Group, Inc. is an American multinational bulge bracket investment banking and securities firm that engages in global investment banking, securities, investment management, and other financial services primarily with institutional clients... - Chad TroutwineChad TroutwineChad Troutwine is an American Independent film producer and Co-Founder and CEO of Veritas Prep.-Biography:As a child, Troutwine's parents encouraged his entrepreneurial spirit and placed a high value on education. Troutwine earned a perfect score on the Stanford Achievement Test, and graduated...
- CEO and Co-founder, Veritas PrepVeritas PrepVeritas Prep is a privately-held GMAT preparation and graduate school admissions consulting company. Veritas Prep operates in more than 100 cities in 22 global countries from its Malibu, California headquarters... - Sandra Urie - CEO and President, Cambridge Associates
- David P. Warren - CFO, NASDAQNASDAQThe NASDAQ Stock Market, also known as the NASDAQ, is an American stock exchange. "NASDAQ" originally stood for "National Association of Securities Dealers Automated Quotations". It is the second-largest stock exchange by market capitalization in the world, after the New York Stock Exchange. As of...
- Daniel Weiss - President, Lafayette CollegeLafayette CollegeLafayette College is a private coeducational liberal arts and engineering college located in Easton, Pennsylvania, USA. The school, founded in 1826 by James Madison Porter,son of General Andrew Porter of Norristown and citizens of Easton, first began holding classes in 1832...
- Lei Zhang - Founder and Managing Partner, Hillhouse Capital Management, recently made $8,888,888 contribution to Yale SOM
See also
- List of United States business school rankings
- List of business schools in the United States
- Yale Club of New York CityYale Club of New York CityThe Yale Club of New York City, commonly called the Yale Club, is a private club in Midtown Manhattan, New York City, New York, USA Its membership is restricted almost entirely to alumni and faculty of Yale University, University of Virginia and Dartmouth College...
- Yale CorporationYale CorporationThe Yale Corporation, sometimes, and more formally, known as The President and Fellows of Yale College, is the governing body of Yale University in New Haven, Connecticut.The Corporation comprises 19 members:...
- Yale Publishing CourseYale Publishing CourseYale Publishing Course , located on the campus of Yale University in New Haven, Connecticut, is an intensive program for magazine, book and online publishing professionals. The course focuses on teaching leadership skills for today's increasingly global, increasingly digital environment. YPC's...