University Introduction
Yale University is a private research university located in New Haven, Connecticut, and a member of the Ivy League.
Founded in 1701, it is the third-oldest institution of higher education in the United States.
In 2024, it ranks 16th in the QS rankings and 3rd in the USNews 2023 Best National Universities list.
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School Overview
The Yale School of Management (SOM), ranked 9th in USNews 2023 Best Graduate Schools, is a world-class business school and one of the oldest in the United States.
It boasts a top-tier faculty of over 200 professors, including many renowned management scholars and economists.
Small class sizes promote teamwork and foster strong alumni connections.
The school welcomes applicants from diverse backgrounds, creating a notably supportive and humane atmosphere.
Curriculum
Asset Management Master's Program:
The core curriculum covers investment selection, asset allocation, portfolio management, and risk management.
Students must complete at least 40 hours of practical experience:
This can be fulfilled through an asset management-related internship or project for an external organization;
assisting SOM finance faculty with asset management research;
or other activities pre-approved by the program director.
Sample Curriculum:
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** SOM/Yale Electives (approximately 50 courses)
Mgt 523 Monetary Policy
Mgt 540 Personal Finance
Mgt 541 Corporate Finance
Mgt 628 Central Banking
Mgt 649 Global Financial History
Mgt 806 Private Equity: Value Creation
Mgt 811 Taxation, Business, and Strategy
Mgt 812 Financial Statement Analysis
Mgt 843 Digital Currency
Mgt 871 Financial Reporting
Mgt 885 Commercial Real Estate Investment
Mgt 890 Global Financial Crisis
Mgt 897 Entrepreneurial Finance
Mgt 947 Capital Markets
Mgt 948 Security Analysis and Valuation
Application Requirements
For 2024 enrollment, applications open in August 2023. The 2023–2024 application deadline is January 10, 2024, at 5:00 p.m. ET.
The Asset Management Master’s degree is ideal for recent college graduates, final-year students, and early-career professionals.
The SOM Asset Management program evaluates applicants on the following:
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Academic background
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Quantitative preparation
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A demonstrated interest in a career in asset management
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The ability to work and communicate in a dynamic team environment
* Professionals with investment industry experience may consider the MBA Asset Management concentration to further their leadership and industry expertise.
- Degree: Applicants must hold a bachelor’s degree before the program begins; three-year international bachelor’s degrees are accepted.
- Quantitative Preparation:
1. SOM Asset Management applicants should have exposure to multivariate calculus, linear or matrix algebra, microeconomic theory, probability and statistics, and computer programming.
2. These courses do not need to be completed at the time of application but must be finished before the program starts.
3. Advanced mathematics and economic theory courses beyond calculus can further strengthen preparation.
Application Materials
1. GMAT or GRE score (taken within 5 years) *Current Yale students with a cumulative GPA of 3.7 or higher, and Yale alumni who graduated within three years with a cumulative GPA of 3.7 or higher, may waive the GMAT/GRE requirement.
2. TOEFL or IELTS score (for international applicants, taken within 2 years)
3. Transcripts from every college or university attended
4. One-page résumé
5. One essay
6. Two letters of recommendation
7. $95 application fee
8. Video question and written assessment
9. Behavioral assessment
Official Q&A
From the program’s recent info session and official website:
Q: Is there a required GMAT or GRE score?
A: No minimum requirement, but admitted students typically have excellent average scores (e.g., Verbal >165).
Q: Do you prefer GMAT or GRE?
A: No preference; either test is accepted.
Q: Are offers conditional?
A: No, offers are unconditional. Only in rare cases (e.g., failure to obtain a degree) may conditions apply; otherwise, offers are unconditional.
Q: Is the video question more quantitative or personal?
A: Video questions are mostly behavioral and personal, not technical.
Q: Is the review process rolling?
A: No, applications are only reviewed after the deadline in a blind review process.
Q: If my quantitative background is lacking, can I use completed online course certificates to supplement?
A: Yes, officially recognized quantitative online courses, such as those from Coursera, can be used as supplementary materials.
Above are the latest application details for Yale School of Management’s Asset Management program. Follow CheersYou（清柚教育） for first-hand study abroad updates!
