This university is one of the best universities in the USA and is part of the Ivy League schools. As you are looking into transitioning into management consulting, I would focus on the career reports at the respective schools and see which one gives you your best chance. For PMM roles the placement of West Coast to East Coast is something like 8:1 from what I've seen--there just aren't many opportunities for non-experienced folks out east. I'm leaning towards Stern because of its location and reputation in Finance, but Yale seemed to move up in ranking these days. I've been accepted to NYU Stern (no $) and Yale SOM ($40k in total). The Silver Scholars Program was created in 2001 to celebrate Yale University's tercentennial and the 25th anniversary of Yale SOM. Awards will be made to individuals whom the selection committee members believe will Through its integrated curriculum, close ties to Yale University, and active connection to the Global Network for Advanced Management, participants are ensured to acquire crucial technical skills and develop a genuine understanding of an increasingly complex global context. Did you have write something extra or check a box in your application? Also, does anyone have any recommendations for how I can potentially secure fellowship/scholarship money in the coming months? I'd first encourage you to take a step back and pat yourself on your back - you've done incredibly well and now you're in a position to maximize your win. Press J to jump to the feed. Whatever route you take, I wish you luck! Recently, Yale further enhanced these awards providing a $2,000 startup grant for a studentâs first year and free hospitalization insurance coverage. It’s solidly a Top 15 and arguably a Top 10, and the school’s faculty/recruitment results earn it consideration beyond just being part of the parent university. Yale SOM when I came in 1985 was perfect for me: a small, very intellectual place with the goal of being the Yale Law School of management schools. EDIT: Though, if you manage to get off the Wharton waitlist, definitely go to Wharton over Yale SOM. What would you all do in my situation? Berkeley-Haas, Yale SOM and UCLA Anderson) and waitlisted at Stanford GSB. But that money! Finally, if you're looking to end up in a Tech Hub, SOM's second highest concentration of Alums are in San Francisco (where I'm based), so there is a strong and deep network there, geographically. Also, you'll be much happier and satisfied with yourself with the Yale + Northwestern prestige later down the road. I've been accepted to NYU Stern (no $) and Yale SOM ($20k scholarship). I think this sub is oddly down on Yale SOM for some reason. When you have made your decision, it would be great if you could post to MBA DecisionWire: http://www.clearadmit.com/decisionwire cheers, alex. How has your experience been networking with non SOM Yale alums? Cookies help us deliver our Services. I'd estimate it to be around 200k over two years. It's a pretty low bar IMO if you're a scholarship candidate to perform at least this good. Now I'm into 2 Ivies, waitlisted at Wharton and bitter af about it and juggling a couple scholarship offers, all thanks to the magic of Reddit. Step 5: Click APPLY NOW to start your YYGS application. Have you raised the topic of scholarship or financial aid with the school. I am actually interested in UCLA. Yale SOM: I am hypnotized by the name, but well aware that most people here think they're overhyped. The Ivy League schools are synonymous with prestige and academic excellence. If you are confident of doing well and are a US citizen, you can still look at merit based scholarships in your second year which should reduce your debt level to a more reasonable load. If I were you, I'd be going for Tuck. I am confident You would be capable of achieving your career goals with either program. Congrats on your admissions to both excellent programs. but one thing that struck me is you should probably see if Johnson will offer more money if you haven’t asked already. Scholarship recipients are notified at the same time that they are admitted. Have people had much success with outside scholarships? Yale University scholarships are available to international students as well as domestic students. SOM has better name rec and network than Johnson, and I don’t know that the scholarship from Johnson is enough to negate that. All financial aid is need-based to ensure that talented students can afford a Yale education, regardless of their economic resources. I actually didn't apply to any other lower tier schools, but looking back I probably should have. Work-study as part of your financial aid award indicates eligibility for a job within Yale. Tech recruiting statistically speaking is generally on par, because SOM's employment report breaks out Tech and eCommerce separately from what I remember. Replies to: Wharton MBA vs Yale SOM with 50% scholarship. The full-time M.B.A. subv⦠I would go with either SOM or Anderson. Which of these schools would be best for breaking into IB? SOM is still sort of “new.”, Also, when I visited campus, I did a lunch with a current student that honestly seemed like they were trying to turn me off the school. Also, when I visited campus, I did a lunch with a current student that honestly seemed like they were trying to turn me off the school, like I would get into a better school and should go there instead. I was considering choosing Yale SOM over Kellogg for factors that in hindsight weren't nearly as important. May 2015. Johnson grad here - congrats on acceptances and scholarships, those are achievements in themselves. My goals: transition to tech product marketing management, ideally at a FAANG or maybe in the fintech space if they need PMMs, while continuing my advocacy work for women in STEM. I also don't like the idea of having to evacuate multiple times per year due to fires with two pets and zero friends/family in the area. Let's say that's about 80K after taxes and you can live on 40K. Yale isn't there yet regarding many of the recruiting options. Scholarship recipients are notified of their merit-based eligibility at the same time that they are admitted. However, having gone to Northwestern for undergrad, it sure feels nice to name-drop a school and have people actually recognize it. Go to the higher ranked school. Anderson will get names on campus that SOM will not due to proximity, but I'm not going to rag on SOM because I'm sure they have a great program as well. I entirely understand what you're facing about SOM - I was in the exactly same boat, but found it incredibly worthwhile because of the tight-community, not just at SOM but through the entire Yale University. Schools Admitted To: Harvard Business School, Wharton, Chicago Booth (w/ Scholarship), Yale SOM (w/ Scholarship) Scholarship: $244K. The School provides a subvention for ten days of international travel to help full-time M.B.A. students defray the cost of fulfilling the Global Studies Requirement (GSR), and a subvention for five days of international travel for M.A.M. Ultimately, you only need to be above the bottom 10% to get proficient, and even if you are at the bottom, I believe you can get a Pass 4-5 times before you're at risk of losing scholarships. After that, you'll enjoy decades of a high salary. I'm definitely leaning toward Tuck at this point. I probably don’t have great advice on which school to choose (sorry!) You can still go to San Fran or Seattle pretty easily from Anderson if LA isn’t your style long term. PM jobs are mostly out west, but there are a few opportunities in NY, particularly with the latest Amazon and Google expansions in the city. GMAT: Mid/High 700âs. There'll be more companies recruiting and more spots. We encourage you to research sources outside of Yale to help reduce your debt load, such as looking into external scholarships that may be applicable to you. I'm currently based in Toronto. More to do @ UCLA. If you’re going to be in a desolate crappy city you may as well be closer to NYC. Whatever your decision, mind asking admissions at the school you turn down if I can have that spot? I'm leaning towards Stern because of its location and connections to Wall Street, but the Yale name seems generally more powerful. I hear you, but I'm pretty sure there are opportunities for tech marketing in NYC, no? Trust yourself and go with Yale SOM. Please refer to the sites below for specific information. Feel free to DM me if you have any questions! students to defray the cost of a Global Network Week or a Global Social Entrepreneurship course. Go there and don't turn back. Student loans to pay for Yale. One thing I am curious about, though, how were you going to finance these programs prior to your decision to your MBA? However...I don't want to build a life in California, and 2/3 of the class stays in California. I like Ithaca and its low COL, I like Cornell's appreciation for STEM people, and I super like how friendly everyone is. I got into both of those schools in R1 and, had I not gotten into a 3rd school which I have chosen to attend, I would not have hesitated to choose Tuck. Profile Overview. If you anticipate that you'll change your mind at some point during school and go back to non-profit work, don't attend business school. In the scheme of your entire life's earnings, the cost of tuition will be marginal but the community, network, and it's values will be lifelong. UCLA Anderson: $40,000 fellowship each year and they send 30% of their class into tech. Go with Yale SOM and you'll pay that difference in no time. Also Yale and Cornell are pretty isolated. Assuming ~200K debt, $40-50K will probably be wiped out by internship salary & signing bonus. You simply can't go wrong. I love the culture at both schools but had that gut feeling at Tuck that it'd be a better fit for me. Step 6: Check the âReviewâ page of the application to see if you are missing any required components, and re-visit any pages that require further information. They dig my feminist goals, I love their socially conscious approach to the business school education, but I'll be paying sticker price to attend. Succeeding him was A. Bartlett Giamatti, who distinguished himself as a renaissance man at Yale University, before moving on to run first the National League and then Major League Baseball. The CDO rep focused on tech is also great (in contrast to some of the other verticals where our CDO relationship managers are definitely... middling). I had never imagined I would be so successful. Yale SOM: I am hypnotized by the name, but well aware that most people here think they're overhyped. The money offered at Cornell and UCLA aren't worth giving up Yale, especially as SOM will continue to add value to its degree b/c of the parent university endowment + prestige. Area Yale Club awards, endowed scholarships, and other gift aid from Yaleâs alumni and friends may be used as grants in place of some Yale Scholarship funds. There are a number of jobs within the School of Art (admissions, labs, ⦠Currently sitting on both waitlists and those programs are my #1 and #2 choices. First off: I want to thank everyone here at r/mba for their advice, support, and tolerance of my memes. The debt is scary, but you should be able to easy pay it off if you make into MC. So now that I didn't receive any, I'm a little more hesitant about the impending costs. I therefore have very limited savings to pull from, but fortunately no debt. It was hard for me to understand the career advancement at stake while I was making my decision. I don't know of a single person that's had to evacuate due to fire, but I suppose it's possible that one or two people live up in the valley. Before that I was making less. The following essay topic analysis examines MIT Sloan School of Managementâs (Sloan) MBA admissions essays for the 2019-2020 admissions season. Yale Scholarship can vary from a few hundred dollars to over $70,000 per year; the average Yale need-based scholarship ⦠Ugh. In this situation I would def go with UCLA. Thanks for the advice! You'll be done with your $150K debt in around 4 years. I don't think a lot of graduates from SOM go into tech; usually it's finance/management consulting/nonprofit. That cash from Anderson is definitely appealing, but if you hate LA/Cali, then it might not be a fit. Years of Experience: 4. Johnson and Anderson are peer schools, and I could definitely see Johnson upping their scholarship offer if they knew how much more you were getting from Anderson. (NYC is the highest concentration of Alums, many in Tech). Be sure to write down your email and password to access the application at a later time. That being said, I still figured I would be taking out loans. I'm not sure who you talked to but Anderson has been great so far and has a strong tech network. In fact, over 85% of the Yale Class of 2018 graduated without any student debt. The Yale School of Management Executive Education is dedicated to educating leaders for business and society. One thing they all mentioned is that it is quite easy for MC's to make visits to Yale due to being smack in the middle of NYC - Boston. The Yale School of Management (SOM) admits a small number of final year undergraduates to a highly selective three-year MBA programme called the Silver Scholars Program, which provides students with the unique opportunity to enter the Yale MBA programme immediately after undergraduate study and move more quickly toward their career goals.. The location and the culture are very attractive to me, and obviously, it has a phenomonal reputation. I decided to put in a late application to CBS, and I was admitted today, although I don't have any details on scholarship from them. Take is great but you have the better option. Happy to connect you to folks recruiting for those roles or chat. Which of these schools would be best for breaking into IB? Thanks to its generous financial aid package, most students who attend Yale donât need to take out any loans. I am, however, a Forte MBALauncher, which tends to get you noticed for stuff like Forte Fellowships. If you feel like you're gonna regret giving up Yale (which I can tell by your post), you probably will later on. Honestly, I wasn't banking on getting a scholarship/fellowship, but having talked to some peers at similar schools, I felt like I had a decent chance at one given my background. But if Yale canât cover all of your education-related costs, a student loan can help foot the bill. In 2014, Yale got nearly 31,000 applicants and accepted a mere 6.3 percent of them.) Press question mark to learn the rest of the keyboard shortcuts. Please make sure to read our rules and wiki before posting. lol can you be more specific? The School provides a subvention for ten days of international travel to help M.B.A. students defray the cost of fulfilling the Global Studies Requirement (GSR), and a subvention for five days of international travel for M.A.M. Now tell me what to do next, because I am stumped. First of all, congrats and go 'cats! The SOM employment report is enticing (on purpose, I'm sure) but I would love to hear from folks on the ground. New comments cannot be posted and votes cannot be cast. Don’t know how receptive they are to that, but the worst they could say is no. Founded in 1701 in the Colony of Connecticut, the university is the third-oldest institution of higher education in the United States. Granted these were Yale alum, but they all said they liked stopping by Yale for coffee with potential hires outside of official recruiting events as it allowed them to really get a sense of the candidates. I have really close friends from Johnson and Anderson, and my co-founder went to Wharton, so I can personally attest that you can't go wrong with any of your options. Press question mark to learn the rest of the keyboard shortcuts. Both great schools. For context: I'm 27 years old Asian, my work experience is in big 4 audit with CPA licensed. Have you raised the topic of scholarship or financial aid with the school. Obviously I am very excited about the opportunities that both schools present, but I am very hesitant about finances. If you're really dead set on product marketing, I would take the $$$ at Anderson, try to get a PMM role on the West Coast, work a few years and then look for opportunities on the East Coast. You'll struggle to get a look from MBB for example, where it's not an issue at all at tuck . Anderson places quite well into product marketing and does have OCR opportunities for many major technology firms. I was admitted to Yale SOM with a scholarship during Round 2, and I've already put down a deposit. For additional statistics, see Affordability . (And if you have any waitlist strategies for Wharton, please share them.). I'm Dan, a 2016 SOM grad and was one of the Co-Leaders of the Tech Club during my first and second year and a Career Coach for Tech. You can also review essay topic analyses for the o Read More in Essays » Now Iâm heading to Kellogg with scholarship! Enjoy your prestigious degrees, you earned it. Please make sure to read our rules and wiki before posting. Gender/Ethnicity: Female/Vietnamese . This scholarship is offered for undergraduate, masters and PhD. 72% of our student body received some form of financial aid in the 2020-2021 academic year. students to defray the cost of a Global Network Week or a Global Social Entrepreneurship course; there is also a subvention for M.M.S. Yale University Scholarship 2021 is a fully funded scholarship for international students. -GPA: 3.65 -GMAT: 730. I'm looking to likely transfer into management consulting after my MBA. This may change with the expansion of Amazon and Google in the area, but for them most part, those companies typically prefer people to start at HQ. Yes, there are some opportunities in NYC but they are much rarer and most of the time they are looking for experienced hires, with maybe a couple of MBAs here and there. This funding is at the rate of 50 percent of lodging and meal expenses as determined by the per diem rates published by the U.S. Department of State. I know taking on the debt may be scary, but if you're targeting consulting or finance, there's no need to worry. Oh yeah. Lots of my friends recruited into PMM roles so it is a very well-worn path at SOM. Brand names for MBAs aren’t as big a deal as they are for undergrad and Anderson has arguably the better network. Loved Johnson and happy to expand on my experience. Here is my situation: My professional background is somewhat non-traditional as I have worked in the non-profit making a maximum of 50k per year. The Yale Scholarship can vary from a few hundred dollars to over $70,000 per year; the average Yale need-based scholarship is over $50,000. Looking back it was well worth it. Procedures for applying for financial assistance are set by the individual schools and programs. If you don't have a marketing background, PMM roles are even harder to get (seen many folks struggle to even get the chance to interview...), so you'll need all the help you can get from school and location, and Anderson works well there. UCLA hands down. #1. Or have they shared their criteria for awarding the same to candidates. Many would argue Tuck has the slight overall edge in terms of reputation, Yale is a rising star among MBA programs. Tuck is very established. Or any other ideas about how to minimize the costs associated with attendance? It's been an incredible boon in terms of recruiting when I was a student and also while I'm currently a founder. As a new Ph.D. student, you will receive your first stipend payment on August 31.You will receive a total of 25 semi-monthly stipend payments in your first year, two per month: one on the 15th and the other on the last day of the month (or the Friday before the last day, if it falls on a weekend or holiday). How did you get offered fellowship from Cornell and UCLA? A new scholarship program at the Yale School of Management will reduce tuition costs for several Masters of Business Administration students from India as a part of a broader initiative to distinguish the institution as the most global among its peer business schools. Especially given that you're going into MC, Tuck is pretty much as good as it gets. Or were you planning on getting a loan and now you are hesitant? 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