I'm definitely leaning toward Tuck at this point. I'm looking to likely transfer into management consulting after my MBA. Work-study as part of your financial aid award indicates eligibility for a job within Yale. Currently at SOM (and paying sticker price) but couldn’t be happier. Were you banking on getting scholarship/fellowship? For what it is worth, I've spoken to a couple recent Yale alumni working at BCG out of their NYC office. In order to be issued with a certificate, you’ll need to meet the requirements outlined in the course handbook. The Global Leaders from India program will cover at least half the […] You'll struggle to get a look from MBB for example, where it's not an issue at all at tuck . Student loans to pay for Yale. That cash from Anderson is definitely appealing, but if you hate LA/Cali, then it might not be a fit. How has your experience been networking with non SOM Yale alums? Let's say that's about 80K after taxes and you can live on 40K. Yale SOM: I am hypnotized by the name, but well aware that most people here think they're overhyped. 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. The financial aid awards for these students are commonly referred to as “zero parent share” awards. 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. General Merit Scholarships Joseph Wright Alsop (Ph.B. 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. Oh yeah. Kellogg-70K scholarship (Donald Jacobs scholarship), Yale SOM- 20k scholarship, UCLA Anderson -70k scholarship. Tuck no question. Many would argue Tuck has the slight overall edge in terms of reputation, Yale is a rising star among MBA programs. (And if you have any waitlist strategies for Wharton, please share them.). Press question mark to learn the rest of the keyboard shortcuts. Please make sure to read our rules and wiki before posting. Thats kind of contradictory. (NYC is the highest concentration of Alums, many in Tech). 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. Learn about MBA programs, applying to them, and what life is like while in one and afterwards. All financial aid is need-based to ensure that talented students can afford a Yale education, regardless of their economic resources. Go with Yale SOM and you'll pay that difference in no time. I know taking on the debt may be scary, but if you're targeting consulting or finance, there's no need to worry. Tech recruiting statistically speaking is generally on par, because SOM's employment report breaks out Tech and eCommerce separately from what I remember. If that miracle happens, I'm fully prepared to kiss my deposit at Yale goodbye. Did you have write something extra or check a box in your application? Go there and don't turn back. 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. SOM has better name rec and network than Johnson, and I don’t know that the scholarship from Johnson is enough to negate that. Plus, three of them offered me substantial scholarships! So now that I didn't receive any, I'm a little more hesitant about the impending costs. 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. What do, Reddit? I borrowed money to go to school but turned down consulting and banking roles to opt for a series of startup roles. I don't think a lot of graduates from SOM go into tech; usually it's finance/management consulting/nonprofit. Take is great but you have the better option. In 2014, Yale got nearly 31,000 applicants and accepted a mere 6.3 percent of them.) Someone correct me if I'm wrong, but I believe that Tuck is superior to SOM with regard to consulting placement. 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. Press J to jump to the feed. Don’t choose Johnson over SOM, for god sakes. Which of these schools would be best for breaking into IB? 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. Schools Admitted To: Harvard Business School, Wharton, Chicago Booth (w/ Scholarship), Yale SOM (w/ Scholarship) Scholarship: $244K. Brand names for MBAs aren’t as big a deal as they are for undergrad and Anderson has arguably the better network. First off: I want to thank everyone here at r/mba for their advice, support, and tolerance of my memes. Tuck is very established. You'll be done with your $150K debt in around 4 years. I've been accepted to NYU Stern (no $) and Yale SOM ($20k scholarship). Enjoy your prestigious degrees, you earned it. Thats a bit naive. Currently sitting on both waitlists and those programs are my #1 and #2 choices. Thanks to its generous financial aid package, most students who attend Yale don’t need to take out any loans. 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). The SOM employment report is enticing (on purpose, I'm sure) but I would love to hear from folks on the ground. For additional statistics, see Affordability . 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. One thing you could do is consider (or reconsider) getting a loan to fund either programs. Whatever your decision, mind asking admissions at the school you turn down if I can have that spot? But that money! However, having gone to Northwestern for undergrad, it sure feels nice to name-drop a school and have people actually recognize it. At this point I have been given no scholarship money from either school and I'm hesitant about going into such massive debt. I wrote the additional Park Fellowship essay for Johnson which got me into consideration for a full ride, but they chose to give me a smaller amount. The Yale SOM alumni network will serve as a resource during your job search and throughout your life. The Silver Scholars Program was created in 2001 to celebrate Yale University's tercentennial and the 25th anniversary of Yale SOM. Yale University Scholarship 2021 is a fully funded scholarship for international students. But if Yale can’t cover all of your education-related costs, a student loan can help foot the bill. 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. In this situation I would def go with UCLA. May 2015. 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. Or were you planning on getting a loan and now you are hesitant? I'm in a bit of a predicament and would appreciate any input. Yes, they are on the west coast, but the vast majority of post-MBA level PMM roles are there. If you’re going to be in a desolate crappy city you may as well be closer to NYC. Graduates of top business school often have very high lifetime income so the difference in cost is not as relevant on a proportional basis when compared to the more typical income situation. We provide financial aids of various types to IMBA students, including merit-based scholarships, GMAT scholarships, International Study Reimbursement subsidy, and RMBS MBA/Yale MAM Concurrent Degree Scholarship. 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 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.. I'm not sure who you talked to but Anderson has been great so far and has a strong tech network. 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. 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. Don’t know how receptive they are to that, but the worst they could say is no. You act as if all Californians evacuate from fires on the regular. 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. This scholarship is offered for undergraduate, masters and PhD. 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. Ugh. You'll earn PLENTY of money throughout your career with a Yale MBA. Scholarship recipients are notified at the same time that they are admitted. 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. Yale isn't there yet regarding many of the recruiting options. I probably don’t have great advice on which school to choose (sorry!) 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. You say you want to work at FAANG or in tech but not build a life in California. Scholarship Resources Yale SOM provides a small number of partial scholarships to exceptional candidates for the MBA for Executives program. Go to the higher ranked school. I'm certainly leaning towards Tuck, but again, I'm very concerned about paying such a high price for an MBA. I've been accepted to NYU Stern (no $) and Yale SOM ($40k in total). More to do @ UCLA. 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. Step 6: Check the “Review” page of the application to see if you are missing any required components, and re-visit any pages that require further information. Whatever route you take, I wish you luck! However...I don't want to build a life in California, and 2/3 of the class stays in California. 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. 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. Have you raised the topic of scholarship or financial aid with the school. Cookies help us deliver our Services. Yale Scholarship can vary from a few hundred dollars to over $70,000 per year; the average Yale need-based scholarship … How did you get offered fellowship from Cornell and UCLA? in Global Business and Society student travel during the spring-term Global Network Week. I'm leaning towards Stern because of its location and reputation in Finance, but Yale seemed to move up in ranking these days. 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