MAM Virtual Information Session 9-26-19

– Hi, good afternoon from Evans Hall, the home of the Yale School of Management in New Haven, Connecticut. My name is Joanne Legler and
I’m the Director of Admissions for the Master of Advanced
Management or MAM degree, and I’m lucky enough to be
joined today by my colleague, Kate Navarro, who is the
Associate Director of Admissions for the program, and our
job today and our goal today is to tell you a little bit more about this special
program here at Yale SOM. We certainly can’t get through everything that we have to tell you about the program in our short time together
today, but our goal for the next 45 minutes or so is to give
you a glimpse into the program, give you a sense of the
profile of the students who are in the program and then allow
you to ask some questions of us and let us answer
those for you to get you a little bit more
informed about our program or about the application process or anything else that might
be on your mind today, so I’ll be taking those questions towards the end of our time here today. If you are joining us live on
the webinar, I encourage you to submit those questions
at any point throughout the webinar, and our thanks
goes to our colleague Kelsey, who’s on the back end
of our webinar fielding your questions, so we look
forward to talking to you today and allowing you the opportunity
to get to know our program. A great place to start to talk about the Master of Advanced
Management or MAM program is to introduce you to the students who are in the program this year. This is a nine month
program, and these students will be with us for the next nine months, just a little under a year, and the profile for this
class is, of course, very exciting and very talented. These are 63 students who
have done or are about to do or are completing their
MBA degree at a school within the Global Network
for Advanced Management, and we’ll talk a little
bit more about that as we go through the webinar. They represent 26
countries of citizenship. 95% are dual citizens or
international passport holders. 19 of our Global Network
schools are represented in the class this year, and on average, this group of students
is about 30 years old. The class is made up of about
40% women and almost everybody speaks at least two
languages, and a good number, almost half, speak three or more. So, as you can see, this
is an incredibly diverse, international group of
students coming from really, all over the
globe, and we’re so excited to be able to bring those
perspectives and ways of seeing and doing business here to
the Yale School of Management. So again, this is a truly global group, and as you can see from this map, over the course of the program, and the MAM has been in
existence for about seven years. We’re on our eighth class right now. You can see they’re coming
from all over the place, so over 60 countries
represented throughout the lifespan of the program
coming from six continents, and these schools are, of course, what we would consider to be among leaders in management education
throughout the globe. We talked a couple of times
now about this thing, GNAM, the Global Network for
Advanced Management. We call it the Global Network around here, and as you can see, what
we’ve done in curating this consortium of schools
throughout the world, is pulled what we think to be
opportunities from the best and most interesting business
schools around the planet, and so for us that’s schools
in Europe, schools in Africa, in the Middle East, Asia and over here on our side of the planet,
the Americas as well, and what we really think
this does is allows the opportunity for member
schools to share information, to connect with one
another in academic ways, to allow students the opportunity
to exchange information and be part of this really
unique consortium of schools. And so, over the years, the Global Network has grown a little bit more
and more over the years, and last year we added
three schools to this list, so we are now a total of
30 top business schools around the world, sharing
wonderful information, classes and opportunities that
benefit not only students, but faculty and staff as well. So, among the Global Network
opportunities that we offer, we’re just going to be talking
about one of them today, and that’s the degree program, the MAM, but the fact is that as member schools and students at member schools or potential students at member schools, the opportunities to engage
with the Global Network are really quite unique and fast. So, for instance,
students at these schools can exchange on a week long opportunity called a Global Network Week,
and these are short modules that allow students in small
groups from each school that is represented at
that time to really just go and have a unique both cultural
and academic experience in a country that is not a
country where they’re from and really give themselves an
opportunity not only to learn about best practices in that
particular region of the world, but also to network and
engage with students from across all of these
different schools in this network. You might also decide to
take a Global Network course. These are virtual courses
and offer you the opportunity to be on the team globally and virtually, which is kind of the way
the world of business works nowadays, so really
thinking about giving you the opportunity to sharpen
that skillset of learning how to do business when you’re
not necessarily face to face or in a room with
somebody at the same time and really teaches you
how to get over things like time differences, language barriers or just different ways of
working through a problem. Throughout the Global
Network opportunities that are academic in nature,
we are constantly creating and sharing things we call cases. In particular, at the
Yale School of Management, we call these raw cases, which
gives students an opportunity to work through cases
without a ton of information and instead really learn to
figure out how to work through a problem when all the information
isn’t available to them. And we make sure that
these cases are coming from all over the world, from
faculty all over the globe. We do a lot of events. Sometimes they’re hosted here at the Yale School of Management. Case competitions, talks and lectures that might be shared across the
network globally, virtually. Conferences, opportunities for
students to compete globally and then come here for finals at the Yale School of Management, an opportunity to actually
come here in person. We do surveys and benchmarking. We did a great survey
across the Global Network not too long ago about the
role of women in business in particular across the globe. And then finally, we have a couple of
different degree programs. This one is talking a
little bit about the MMS, so we’ll talk a little
bit more about the MAM of course today, but it’s
always good for you to know what other available
degrees that we have here that rely on the Global Network, but we’re going to talk
specifically, of course, about the MAM today. So speaking of that, this
is a great transition. I think it’s helpful to
understand who’s here, who actually takes classes at
the Yale School of Management, and who might be your
future classmates, roommates and lifelong friends. So at Yale SOM, of course,
we have an MBA program. That’s sort of our largest program, with about 350 students
enrolling every year. There’s a small subsection
of full-time MBA students called Silver Scholars, who come to us directly from undergrad. We have a robust MBA
for Executives program for more seasoned students
who are thinking about going back to school for an MBA
while still working full-time. The MAM, that tends to be
60 to 65 students every year and that’s the degree program
we’ll be focusing on today. Making more use of the
Global Network is MMS degree. We now have three tracks,
which is really exciting. Global Business and
Society are students coming from Global Network schools
who are doing an MIM or an equivalent Master’s in
Management program and then come here to Yale and do a
nine month program with us. And then we have a new program
called Asset Management, so the first class will join us next fall, and that’s, again, for
early career students who are coming from around
the globe, not necessarily just the Global Network,
to really dive deep into this particular area of finance, and then a really unique
program called System RISK. Again, this doesn’t rely
on our Global Network, but it is certainly a very
global program in nature, focusing on issues of
macro financial policy and, of course, systemic risk
and trying to find lessons and avoid ways to repeat
a global financial crisis. And then finally, we have
PhD students here as well. Oftentimes those students serve as T.A.s for some of the MBA classes. And we’re all united by one
thing, and that is our mission. This is the founding mission of the Yale School of Management,
and one that drives, every day, what we do, both on
sort of day-to-day decisions as well as longer, strategic
long-term planning decisions and conversations as well. And the mission is central
to everything that we do. Our mission is to educate
leaders for business and society and leaders who are thinking
about broad, global, important issues of business
and have meaning and purpose in their lives and specifically
in their work as well. In support of our mission,
we also have identified three key objectives, including
to be the most integrated with its home university. That would be the Business
School that’s most integrated, and that, of course, for us,
is imminent Yale University, and we’ll talk more about the
opportunities to get involved with Yale as an MAM
student as we go through. Our second objective, which I think we’ve
already met and surpassed, is to be the most global
U.S. business school, and with the Global Network
for Advanced Management and the MAM program,
we really do feel like this is an incredibly global
place where you are constantly sharing ideas with people
who are, really, just seeing the world differently and
having really different experiences and sharing
that perspective with you in the classroom to help
you become a better leader. And finally, we aim to
be the business school that is the best source
of elevated leaders across the sections, sectors and regions. And for us, that’s really about
how we choose to teach here and in particular the curriculum,
including the electives and the required courses that
our MAM students will take once they’re here. And so, again, it’s really
important to understand that the mission is
what unites all of these really unique and different programs. We all come together
around this shared sense about educating leaders
for business and society. So, why would you do this? What makes you want to dive
in and learn a little bit more about the MAM program, particularly
if you’ve already spent maybe a year or even two
years in an MBA program? Why does the MAM potentially
make sense for you? We think there are a couple of reasons, and in particular, we talk
about depth and breadth. So it’s possible that in your MBA program, whether you’ve already graduated
or you’re in the middle of a program, has not
necessarily offered you the depth into areas that are quite
interesting or that you’re quite passionate about, because
either there’s a strict core curriculum or there’s just
simply not enough time to really explore something in depth
the way you might want to, so you might want to do that here. We’ll talk a little bit
more about the opportunity for electives at Yale, but
the point here is that there’s an opportunity to really dive
deep, whether it’s marketing, entrepreneurship, global
affairs, across Yale University and at Yale SOM, there is an opportunity to really go into depth in
classes and areas of focus that you are particularly passionate about or want to learn more about. Kind of on the other side of things, there’s also an opportunity
for extraordinary breadth here. So, again, perhaps your
MBA program was either a one year program or it
simply just went by too fast to offer the opportunity
for you to learn broadly about all the topics that
are of some interest to you. So, again, with the use of
electives here at Yale SOM and around Yale University,
you have the opportunity to potentially think about
it slightly differently and learn a little bit about
a great number of topics, whether that’s in
management, whether that’s in the sciences, whether that’s
in public health, and really round out your education
in a different type of way. A lot of the benefit of thinking
about doing the MAM program comes from the networks,
the one that you’re already building at your Global
Network school through your MBA program and the opportunity
to really have those two brands on your resume as
part of your academic pedigree. And so the opportunity
to really be able to put great schools like Yale and
our Global Network schools on their resume, knowing that
signals the training that you’ve had, the opportunity
that you’ve had to explore, the challenge that
you’ve had academically, can be a powerful signal
to employers for sure. And having the opportunity
to know that you have two powerful networks behind
you as you continue to grow in your career can be quite
attractive, of course. You may want to really
globalize your career, so if you’ve been in one
country or one region for a long period of
time and want to explore options for a more global
career moving forward, the MAM and the resources that we have in our Career Development
Office could allow you to think more broadly about a career
maybe outside your home country or where you’ve been living
for the last few years and thinking about what it
might mean to have a career that takes you a little bit
outside your comfort zone. And then finally, you would
join the community of purpose that we have here at Yale SOM. We’ve talked a lot about
the mission already, and again, that truly does
unite us behind our purpose, and our purpose, again, is
that mission driven opportunity to educate people who are hopefully going to go out and
really change the world. And again, that’s truly what unites us, so you are joining a
community of people who are quite purposeful about their
academics, about their careers and we share that sentiment
of wanting to go out there and do great things. So specifically, you may be
wondering at this point what the curriculum looks like, and
it’s actually quite simple. We have two classes that
we offer to MAM students as required courses, and these
are required for a reason. We really want to use your
expertise and throw you into a class with a bunch of
other great, talented students and talk about big issues,
what’s really pressing on the minds of leaders in
different industries today. That’s a great class
because we bring in speakers and experts who are thinking
about and working on these big issues and
you’ll have an opportunity to coordinate with your
classmates to think about how great leaders might
solve some of these problems. So it’s very dynamic
and it doesn’t rely on one professor’s expertise. Instead, it very much relies
on using the resources around Yale University to
bring these problems to life. And then secondly, leadership. Of course, we all want
you to lead companies and organizations, maybe cities
and even countries one day, so giving you an opportunity
to think about leadership in an interpersonal and
personal way and really sort of exposing those weaknesses,
shoring those up and exploiting your very best strengths and
learning a little bit more about yourself as a leader in combination with those feedback modules and coaching. We want you to leave feeling
like you have the confidence to get out there and lead organizations moving forward in your career. So those are our two required classes, and I’m going to turn it over now to Kate to talk a little bit about
our elective classes, and I think one of the coolest
parts of the MAM program is the true flexibility and freedom to take advantage of
what Yale has to offer. – Absolutely, thanks Joanne. The majority of the MAM
curriculum is comprised of elective courses of your
choosing, so really being able to customize your curriculum
to your interest areas, maybe dive deeper or find topic areas you haven’t explored before,
as Joanne had mentioned. One of the unique features
of the MAM program is that you can choose
courses not only here at the School of Management, where we have about 150 electives to choose
from, but you really have the opportunity to take
classes outside of SOM at larger Yale’s professional
and graduate schools, with over 2,000 electives to choose from. So quite a smorgasbord of opportunities that are really at your fingertips. Here we’d like to show you
some of the most popular Yale University electives
that past MAMs have taken. You’ll see courses at the
Art School, the Drama School, different language courses. As I mentioned, the
opportunities are yours to take advantage of, with
virtually no restrictions on where or how many courses you take. We encourage students to
get out there and explore, try something new. Maybe explore in ways that your previous academic institution didn’t allow you to. Yale really gives you
that opportunity to have some flexibility in what you’re studying and maybe focus on different
career interests as well. One great way to get an idea
of what a customized curriculum looks like are to look at some
real life examples from two of our past students who graduated
in the MAM class of 2019. So here we have Ernesto
Mendez, who is from Panama and went to IE Business
School for his MBA. Ernesto decided to take quite
a majority of his electives here in the MAM program at SOM. There are just so many great electives here within Evans Hall. It can be hard to get out
and explore, but he did. He got out to the sociology department, as well as global affairs to
try some new interest areas. And then we have Kristine Clasen, who is from Norway and Germany, who went to Said Business
School at Oxford University. She decided to take a few
SOM management courses, but really got out there. Went to the classics department,
the history department, public health, theater
studies, political science as well as women’s, gender
and sexuality studies. So you can really get an idea
of how Kristine and Ernesto customized their curriculum to focus on interests that they had. Not only is there a lot
happening inside the classroom, there are a ton of activities
outside of the classroom and many ways to get
involved in the community, and we hope that you will do so. With over 50 clubs at SOM, there are many options to join a fun. Maybe the Hockey Club, as
you can see a photo here. Maybe you’ve skated before
or never skated in your life. It’s a really great opportunity
to try something new or maybe sit in the crowd
and cheer your classmates on. Other sports clubs we have
are Ski and Snowboard Club, as well as Soccer Club. We also have affinity clubs as well as professional
clubs you can join also. There’s also ways to get involved
in the case competitions. We have a few throughout the year. It might be a fun way to
get some of your classmates together, have a nice rivalry
among other classmates and potentially win some money as well. We also have a lot of
conferences happening here at Evans Hall, but
there are also conferences happening at Yale University
that you can join. Here’s a photo of one of
our healthcare conferences that we typically have. There’s also an Educational
Leadership Conference, an Impact Investing
Conference, and we keep adding new conferences every year
based on students’ interests. As a student, you can
join these conferences by just attending or you
could potentially plan, lead and help execute as
well from the student side. This is a fun photo from
Friendsgiving Dinner. It’s a fun spin on the traditional
U.S. Thanksgiving dinner, which happens in late November. Students came together and sat
in the hallways of Evans Hall and were fed a traditional
U.S. Thanksgiving meal, and really just got to
reminisce with each other about how their time’s been
going at SOM around food, which is always fun. Another good picture of
our student tailgating before a football game, not
to be confused with soccer, but a traditional U.S. football game. I believe it was the Yale/Harvard game. Students come together,
eat food, have fun, drinks, before they head in and cheer on Yale. During orientation, students
take part in an outside ropes course where they really
get to break down barriers, get to know each other
right at the beginning of the program, so you can
see students are just getting to meet each other, but are
having a really great time. Another fun way to get
involved here at SOM is through the internship auction. It happens every year. Whether you are providing
something that other students can potentially bid on or
you’re bidding yourself, providing different resources
to get involved with students from different
programs, so not just the MAM program but also our
MBA program, our GBS program and many more, so another
fun way to get involved. Our week here at SOM closes on Thursdays. It closes with an event
called Closing Bell. We don’t typically have
classes here on Friday. Here students are at Closing Bell. They’re representing their
home country of Brazil. Sometimes you’ll see Closing
Bells have a different theme and so I believe this theme
was each table represented a different country and you
got to try the food from that country and speak to students
from that country as well, and it looks like they’re
having a great time. At Yale, you have the
opportunity to not only form relationships and friendships
that last a long time, but you’re also a part of a network, not only the Alumni Network, but a network within your community
of MAM students as well. So really take advantage of
the year here that you have and form those friendships
and relationships. Another great way to get
involved outside of the classroom is to join and visit one of our
speaker series that we have. Here we have Janet Yellen, who is from the Federal Reserve System,
come and speak to students, as well as Professor Andrew Metrick, who oversees our MMS and
Systemic RISK program. We have the unique opportunity
of being able to provide our students with high quality,
high level speakers here at SOM in intimate one-on-one
settings and conversations. It’s a great opportunity to
come and hear from someone or have your questions answered live by these individuals
who come and visit. And so what you can’t tell from this photo is that they’re actually in
Evans Hall in our auditorium, which houses about 300
students, which is a great thing to have, because every student
is able to come to these speaker series and everyone
is able to get involved. Another speaker. We love to bring alumni
back to campus as well. Another speaker we had
recently was Laszlo Bock, CEO and Founder of Humu. Also a best-selling author and
known for his time at Google. He’s speaking with
Professor Amy Wrzesniewski about managing people
in the workplace today, a really interesting topic
and a packed house, I believe, for this conversation with Laszlo. Last year, we had his excellency, the President of the Republic
of Ghana come and visit. He’s pictured here with
Professor Elijah Paintsil as well as one of our MAM
students who graduated last year, Rahina Garba, who came from
the University of Ghana. So this was a cool opportunity for Rahina to be able to present
the President with a gift and also meet someone
from her home country, something I don’t think may
not happen all the time. Only at Yale these opportunities
really present themselves. I’d like to take you through
some nice photos of our campus at Yale University, because
as a Yale SOM student, you’re also a Yale University student. And hopefully these pictures
will show you what it’s like to be here and to walk our grounds and to really gain the student experience. There’s always something
happening and being able to enjoy our historic buildings and
being one of the oldest schools in the country is
a really great opportunity. We have some really wonderful
libraries all across campus, not only in Evans Hall, so
definitely get out there and explore the different
buildings that we have and study in some of the
libraries that generations past have also studied in. There’s also drama
performances, different concerts and plays, museums, lots
of fun artsy things to get involved in as well, in case
you haven’t done that before. It’s a fun way to try something new. One of the things that
we hear from our students all the time is how much they
value the Yale experience and really taking advantage
of everything it has to offer. A year here at Yale can be
short, so take advantage of that time that you have
and get out there, explore, try things new, this
is really a safe space to be able to do those things. Now that you’ve heard
a little bit more about the MAM program and the
things that are happening in and outside the classroom,
I’d like to hand it back to Joanne so you can hear more about where MAMs have
ended up after graduation. – Great, thanks Kate. Thankfully our MAMs have
ended up in such a variety of places, industries, jobs, companies. And so from this first
slide here, what you can see is that our students truly
are exploring quite a bit. So this is data from the class of 2018. Our class of 2019 data will be available in a couple of months. We usually benchmark right
around the six month mark and we’re getting there in November. But as you can see, our students
really are truly exploring a number of different industries,
and that’s not uncommon. I think this probably mirrors
what you’re seeing at your own MBA programs and certainly
what we see here at Yale SOM, as these are industries
that are quite common for MBA students to go
into, and as MBA students, with an extra year of
study here at Yale SOM, you are probably accessing
many of the same employers that our U.S. MBA students are
also accessing in industries that are most popular,
like finance, technology and consulting, but we’re
quite varied here and we have a number of relationships
with fantastic companies who span across a number of
other industries as well. So really, I think for SOM,
what makes us quite unique in this space, from a career
development perspective, is the opportunity to
engage with employers really that are quite beyond
the norm for business schools and that’s a reputation that Yale SOM has had for a very long time. Specifically speaking, here
are the logos of companies you probably already recognize. These are opportunities for
students to meet with employers who are, of course, coming
to the top business schools around the world to seek
talent, and of course, they’re going to come to
the top business schools, including here at Yale SOM. And so, as you can see,
these are companies that we’ve chosen to sort of
display here to make the point that these are global
companies and that your career may take you anywhere globally,
because these are companies that probably have
headquarters and opportunities to work in a number of different
countries around the world, not necessarily here either in the U.S. or back in your home country. Just an opportunity to
point out that thankfully, Yale is seen as a place to source talent, and so these companies
are constantly coming here looking to hire for their open
positions from year to year. Similarly, speaking of
locations, this is nice sort of a visual display of where our
students tend to go post-MAM. Again, probably not a big surprise, being that a lot of
students are eager to work in a different country
from where they’re from. You can see, of course, a
number of students going to work in the U.S. as that opportunity
may be available to them, going to Asia, which of course, is a place where there might be a
number of job opportunities. So, you know, it’s a
really great global cohort. Of course, this also sort of
represents where our alumni find themselves post-graduation
and giving you a sense of what the network, how
truly global and fast it is. So, you know, our goal here
is to get you into a job that is interesting and
exciting and sort of where you might be, maybe here in the
U.S. as a first job and we can talk about more things like
OPT or the opportunity to work here in the U.S., but our
MAM population does tend to spread out quite a
bit after that first job. So doing a great job of taking
advantage of the opportunity to be here in the U.S.
for year, maybe longer, and then finding that second
job potentially elsewhere a couple of years down the line, so while this may be a
great starting point, truly, the global nature of
the MAM program means that your careers also reflect
that global nature and that our students and alumni are
truly all over the place. In terms of impact on the
career, we really hope that after all of these years of study,
that this does have a positive impact on your career
from a salary perspective as well a global perspective, so. We have surveyed our students, and this is our alumni survey from 2018. We do see, of course, see
a very positive impact on salary after the MAM. I think, though, for me,
what I’m most proud of when I see this survey is
that students are really talking about the impact
that the MAM has had on their ability to find
their true passion or calling. That maybe between the MBA
and their time here at Yale, they were able to identify without a doubt how they wanted to spend at
least the next section of their career and knowing that
our students are leaving here saying, wow, the most important
thing that happened to me was I truly was able to identify
where I want to spend my time and my efforts from a career
perspective moving forward. So, while some transition, some people just want
to be more effective. The vast majority of students
are saying the most meaningful thing that they get out of
the program is that they were able to identify that this is
the thing that I want to do from a career perspective moving forward, so that’s really exciting. And so, probably no surprise. Our alumni are reporting
their enormous satisfaction with the program, leaving
feeling like this is exactly what they were meant to do for this
year here, taking advantage of everything they have to
offer, and just feeling like this is a really good use of
their time as an extension of their professional
development here at Yale. I’m going to turn it back over to Kate. Hopefully, this has been
interesting and inspiring. I can see that we have
a number of questions that are admissions related. We’ll probably answer
some of those questions as we go through the application process, but Kate, why don’t you
talk a little bit about, if people are thinking
about applying for this year or in a future year,
what the process is like and what the steps are. – Absolutely. So we hope that you apply
now that you’ve learned more about the MAM program,
so let’s talk about what you’ll need to submit
throughout the application. So everything is done online. I’ll walk through some of the other pieces of the online application
that we do require. So we ask for two essays as
part of your MAM application, one reflecting on a time you’ve
had an impact and the second essay focusing more on
careers and career interests. For transcripts, we not only ask for your undergraduate transcripts. However, we also ask for
your MBA transcripts as well. You may be a current
student or just started your MBA program, and by the time
you apply to the MAM program, you might not have all of your
grades on your transcript. That’s okay. We’ll accept whatever
you have at the time of your application and then work with you throughout the application
process with those. We ask for a standardized test score if you were asked to provide
one for your MBA program. This may be a GMAT score, a GRE score or potentially a school specific score. So if you were asked to
maybe complete an ieGAT, an IE or a Chinese entrance
exam score at Renmin or Fudan, we will accept those entrance exam scores for the MAM program as well. If you were not required to
submit an entrance exam score, please get ahold of our
Office of Admissions. We’d be happy to talk
to you more about this. We also ask for a professional
letter of recommendation as part of the application. This could be a previous
employer or a supervisor. Someone who can really talk to your professional
abilities in the workplace. We ask for a second recommendation letter in the form of a support
letter from your MBA dean or director at your Global Network School. If you’re a current student,
this letter shows that you’re currently in good standing
and doing well in the program. And if you’re an alumni
of your MBA program, this letter would simply
confirm that you graduated in good standing and were a good citizen while you were there doing your MBA. A unique feature of the MAM application is that we have video questions. These are three video recorded
responses to a series of questions and it’s a
really fun way for you to tell us more about yourself. In the Admissions
Committee, we love watching these video questions because
it’s a true glance into you and not just in a paper form,
but you live on video as well. We do offer interviews by invitation. Unfortunately, we’re unable
to interview every person who applies, as much as we would love to. So if you are invited for an interview, this will happen over Skype or Zoom, so it will be a virtual interview
with someone on our team. Now, let’s take a look at
the cost of the program. Here you’ll see the tuition
and living expense figure for this year’s current class, the class of 2020 who’s enrolled. The class of 2021 tuition
figure won’t be released until later this spring, and
we expect a moderate increase, as we do every year. We understand that a MAM
is a major investment, and so our team is always
here to help answer questions about loans, scholarships
and how you can fund the MAM program and
really make it possible. We also work with our
Financial Aid Office, who is available to answer
these questions as well. There are three application
deadlines in rounds in which we receive applications. The first is coming up in January 2020. I realize that’s a few months away, but it’s right around the corner. As we know, time flies. Our second round application
deadline in February, and our third in April. If you haven’t already
opened up an application, I would encourage you to do so. Poke around, take a feel
of what it’s like to start an application and choose a
round that works best for you where you can really submit an application that best represents who you are. It doesn’t matter which
round you apply in. We’ll be evaluating all three, so we look forward to hopefully
seeing your application in one of these rounds this year. The MAM program also offers concurrent degree partnerships
with some of the schools listed on the screen in front of you. What this means is you
have the opportunity, if you’re attending one of these schools or are about to attend
one of these schools, the opportunity to not only
obtain your MBA degree, but also your MAM degree
virtually at the same time. So using elective credits
at your MAM to go back to your MBA requirements,
earning two degrees in a shorter amount of time. If you see your school
listed on the board, and you’re interested in the
concurrent degree option, please feel free to contact
our Admissions Office or contact your dean or
director of your MBA program so you can learn more
about what this looks like. With that, Joanne and I would
love to answer some questions that you’ve been submitting
on the chat feature. I’ll pass it back to Joanne
to help direct some of these questions and we look
forward to engaging with you. – Great, thanks Kate. We’ve got 10 minutes left. I think it’s a perfect
amount of time to answer a few of the questions
you’ve put forth to us. I can already see that
some of the questions that we were anticipating were
answered on some of our slides about admissions, somebody
asked about funding. Hopefully, that question
looks like it’s been answered through a combination of
scholarships we offer at the time of admission in
addition to loans and other funding opportunities that you
might find available to you. We also have a question here
about minimum GMATs and GPAs, which is a fair question. We’ve talked about testing
and requirements, but Kate, is there a minimum for
either of those two things when we look at
applications for admission? – No, there is no minimum
GMAT or GPA that we look at. This is a rigorous program
and we want to look through everything you’ve done in your
academic past to make sure that you can successfully
complete the Yale program. This does not mean that there’s a minimum or that your GMAT score
may not meet the threshold at some other institutions. So feel free if you’re not
feeling as great about your GMAT, submit it and talk to us about it. We’d love to hear more about it, but there’s no minimum at all. We encourage everyone to apply. – So sticking with the theme
of admissions questions, I’ll go with one that I
think is pretty interesting. The one that many are thinking
about if they don’t know what the Global Network
is, and the question is can I apply from outside
of the Global Network? Unfortunately, at this time, the answer to that question is a no. The MAM is only available to
students who are or have done or may be thinking about doing an MBA from a school within the Global Network. There are 29 schools
within the Global Network, plus Yale SOM. So if you haven’t thought
about an MBA quite yet and the MAM sounds great
to you, you may want to really think about potentially
applying for admission to one of those programs
and getting started with your MBA in a school
within the Global Network. Another interesting question. How many years after the MBA can I apply? That’s a little bit of
a trickier question. On average, our students have
about seven years of work experience total, and so when
we see students who are coming to us many years after completing
an MBA, it means they have many years of work experience,
and I would say you really want to think about whether or
not taking a year off from work and coming to do a program in
the U.S. is the best choice at that point in your career. There are some students who
do come with significant work experience and others who
come with quite a bit less, and so there really is quite a range. Again, our average is about
seven years of work experience, so really your job is to
think about what impact the MAM will have on your
career, whether it will be a positive one, hopefully
so, and give you that return on the investment
that you’re looking for. So while we have no cap,
we’d definitely be interested in talking to you more
and hearing your thoughts on what makes sense from
a timing perspective. Sort of shifting gears away from strict admission requirements to the
sort of programmatic elements of the MAM program. One really interesting sort
rapid fire series of questions I see here is number one, is
when does the program start? – Great question. The program starts in August. This date changes every
year, but it’s right around mid to later in August. Every MAM student, quite
honestly, every SOM student here, starts with the week long
orientation program that is mandatory, so if you apply,
are admitted and enrolled in the MAM program, you can
expect to be here at SOM in mid-August to take part
in that orientation program. It’s a really great way
to kick off your year, get to know your classmates and the inner workings of Yale and SOM. – On the other side of things,
the program ends in May. It is a nine month program,
so as Kate just explained, arrival and orientation
and the start of classes all happens between mid
and the end of August and then everybody
graduates on the same day, so commencement here at
Yale University typically tends to be the third or so
Monday of the month of May, and then you’re done. It goes by quickly. Another sort of quick,
rapid fire question. Is there an internship
opportunity available for MAM students, and again the answer
there, unfortunately is no. When you’re here with us,
most often, unless you have U.S. citizenship, you’re here
on a visa, and that will be a student visa, which
unfortunately does limit the opportunity to do something
like an internship or work, and so whereas MBA students,
especially those in two year programs, oftentimes
rely on an internship to test out a career or
make some connections, that internship opportunity
for MAM students unfortunately isn’t available here. You’re not here with us for
a summer, and so really, the focus of your career
development, resources and coaching will be about
finding that great full-time job. And then sort of last quick
fire, rapid fire question, is there a thesis or final project? – No, there is not. As part of the MAM program, your requirement is just to take courses. Take a subset of select amount of units that you are required to graduate, so I believe the number
is 40 units to graduate. It can take a little more than that, but to graduate, it’s just
completing those units of credits that you need in those classes. There is no thesis or deliverable at the end of the MAM program. – How about housing? People are curious
about where MAM students live around campus, and is
on-campus housing an option for graduate students? Sometimes on-campus housing
can feel a little strange, because the last time
they knew anything about on-campus housing, they were
young undergraduate students, so in your opinion, Kate, where you do see people living most often? – That’s a really great question, and it varies year to year. So, there is graduate on-campus housing for graduate students. You can live in a dorm if that’s something you want to experience, maybe you’ve never experienced living in a dorm before. Many of you, I’m sure,
have, but that is an option, and we do see students
partaking in our graduate dorms, which are right down the road. There is also university
graduate apartment housings as well, so Yale University
owns these apartments. It’s a little less feel of a
dorm, so you can actually be in an apartment, but it’s another
great way to live on-campus. In addition, we see a lot of
students going off-campus, and although I say off-campus,
it’s really in our backyard, right in East Rock, which
is right behind Evans Hall, and students will get apartments there and rent with follow classmates. I’ve heard a lot of students
actually room with students from all around Yale
University, so one of our MAMs is housing with a Medical School
student, another with a PhD student, so it’s another way
to really expand your network. So, many options for housing. If you are admitted and
enrolled, we have a great Admitted Student Portal,
where you can find out about all those options and how
you choose your housing. – Great. One person is wondering whether
there is room for partners and children here, and the
answer is absolutely, yes. I think we see a number
of students every year who come with partners who may
or may not be able to work, so that might get a little
bit tricky depending on your individual situation, but we’ve had a number of students bring
their kids along for the ride. Last year we had one woman
that, I think she brought her three kids with her and
her partner, so the opportunity for students to bring
families along, we absolutely consider your families as
part of our community here. Oftentimes students are allowed
to bring partners to SOM or Yale University
activities, sporting events, and then for kids, we
have a smaller subsection of our Partners Club that is
for parents of little ones. It’s called the Polo Club, which
is great and an opportunity for parents with young
children to get together. There are a ton of schools
and preschools in the area as well, so if you’re
living in the New Haven area and thinking about sending
your kids to school if they’re that age, there are a number of elementary schools in the area. But if you’re thinking about,
do I leave my family behind or bring them with me,
those choice, of course, is individual and yours
alone, but the resources available at the university
and specifically for the Partners Club at Yale really
offer some great opportunities for people to connect and
feel very much like they are. Sometimes people don’t even
know who’s a student and who’s a partner, but it’s really
fun also to see little kids and babies kind of
running around here too, and we have larger,
community-wide activities. So things that are, again,
kind of more broad in nature. I think the students that
are on the event tonight are also asking about
other resources around Yale and around SOM specifically,
so I’ll pick this one. It’s a employment and
careers and recruiters and what does that look
like for MAM students, and I think it is important
to know that we do have a dedicated career resource at
the Career Development Office who works individually and as
a group with our MAM students, but that’s really her sole
focus is this group of individuals and so she’ll be
working quite closely with you on your resume, coaching you
through what it’s like to look for different jobs and
opportunities and in different countries and whether or not
there may be some cultural differences here and there,
but they are recruiting in concert with our MBA students,
so having the opportunity to take advantage of the resources that are here for our
larger MBA population, those things are also,
more often than not, available to MAM students as well. And Kate, what would you
say employers think about our MAM students and how
do they perceive them? In my opinion, you are MBAs,
and so the level of talent you’re bringing already
to the table is exciting and then the MAM adds a
little something else. – It really does. As Joanne mentioned, you
already have your MBA. The students that you’re also
working with to get these jobs are just getting their MBA. So what we hear from employers are how global our MAM students are. A majority of our MAM students
have worked or studied outside of their own home country and really have that global mindset. Coming to Yale to think
more about the career, where they see it, maybe
changing careers a little bit, so I feel like the MAM
perspective is always a little bit more unique in that aspect just
taking a little further step maybe above some of our
MBA students at times. – That’s perfect. Thank you so much, Kate. And we’re at our last
minute, so I think we’ll use the last few seconds
that we have together. Thank you for being with us here today. Thanks, Kelsey, for being here with us and helping to field some of
your questions on the back end. What we have on this last
and final slide, of course, is the opportunity to email us. So if there are questions that
we weren’t able to answer for you today, I absolutely encourage
you to go to our website first to see if our frequently
asked questions section might give you the answer
that you’re looking for, and if not, we invite
you to email us directly and we’ll try to help you out that way. And we are looking forward to
being at some of your campuses pretty soon, so today is September 26th. I’m on my way to Paris to visit HEC. I’ll be at IE Business School
a couple of days after that. Our colleague Kelsey is
heading to Smurfit in Dublin and one of our deputy deans
is going to EGADE in Mexico and another one is going to Hitotsubashi. I’ll be in Hong Kong,
I’ll be in Singapore, so we’re a small team, but we
certainly do get out there, and so check with your schools. We are in touch with
your program directors to see if maybe we may be
making a visit to campus. So we’re available for
you sometimes in person, always virtually. Please visit our website, email us with any questions that you have. We wish you the best of
luck as you finish up, start or reflect back on your MBA program and we look forward to maybe
seeing your applications in preparation for the MAM program. So, thank you again and best of luck. – Thank you.

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