Tuesday, August 27, 2019

イェール大学経営大学院 (Yale SOM) Applications Down 15%

  1. Applications to the full-time MBA program at Yale SOM declined 15.6% between 2018 and 2019, from 3,785 to 3,194, more than double the decline of the year before. 
  2. Domestic applications sank 13%
  3. International applications dropped 19% 
In the last three years, applications to Yale SOM have declined 22% from their high of 4,098 in 2016-17. 

Yale School of Management saw declines on average Graduate Management Admission Test score, on acceptance rate, on yield, on GPA and even on percentage of women in the class.




Yale SOM’s Class of 2021 is 345 strong, down two spots from last year, with 42% women (down from 43% the last three years) and 44% international passport holders (a number that includes dual citizens and U.S. permanent residents), including representatives of 47 countries. The percentage of under-represented students of color, which increased 1 percentage point from 12%, while the total students of color ticked up 2 points, to 29%. The class also has enrolled the highest-ever number of military veterans — 18, up from just 10 last year.

The Class of 2021's  Graduate Record Exam scores, saw a one-point improvement in the average Quant score, to 164, to go with maintaining a 165 in the Verbal; that moved Yale’s overall score up a point from last year, to 329 — likely among the top overall scores of any B-school.



 
The Average work experience for members of the Class of 2021 is 5.1 years, up from 4.8 last fall. Most (20%) hail from financial services jobs, with consulting (19%) a close second and nonprofit (15%) a close third. The nonprofit number is up 3 percentage points and easily the highest of any top school. Thirty percent have STEM (science, technology, engineering, and math) undergraduate degrees, up from 29% last year, while 28% studied in the humanities/social sciences, 23% have business degrees, and 19% have economics degrees. The latter two categories represented 21% each of the Class of 2020.
But GPA is down, to 3.64 from last year’s record high of 3.71; average score on the GMAT is down three points, to 721; acceptance rate is up 5 percentage points in one year, to 25%, and nearly 8 points since the school notched its record low in 2017; and yield is down, to 43% from 45%.

Friday, August 23, 2019

Applications Plummet AGAIN at U.S. Business Schools


Many MBA programs experiencing double-digit drops. 

 In 2018 the top 10 business schools combined saw a drop of about 3,400 MBA applicants, a 5.9% falloff to 53,907 candidates for the 2017-2018 admissions cycle versus 57,311 the year before.


Major Falls Last Year: 
  • The University of Michigan Ross School of Business = 8.5% decline
  • Harvard Business School =  4.5% decline
  • UC-Berkeley’s Haas School of Business = 7.5% decline
  • The Wharton School at the University of Pennsylvania = 6.7% decline
  • Stanford Graduate School of Business = 4.6% decline
  • THe University of Chicago Booth School of Business = 8.2% decline

Major Falls This Year: 
  •  Dartmouth Tuck = 22.5% decline
  •  Kelley School of Business = 30% decline (40% over three years)
  • UNC Kenan-Flagler Business School = 25%
  • Emory Goizueta Business = 25% decline 
  • Yale SOM = 15.6% decline plunge to 3,194 from 3,785 last year.
  • University of Michigan = 14% decline
  • McCombs School of Business = 6.6% from last year but down a troubling 24.9% in three years from its all-time peak of 2,586 apps in 2017.
  • Indiana Kelley has declined 40.% percent compared to the 2016-2017 cycle.

10% TO 20% OF TOP 100 U.S. MBA PROGRAMS COULD CLOSE IN A FEW YEARS
It is predicted that 10% to 20% of the top 100 MBA programs in the U.S. will likely close in the next few years, with even greater fallout among second- and third-tier schools. 

School Year-Over-Year Change In MBA Apps (%) Year-Over-Year Change In MBA Apps 2018-2019 Apps 2017-2018 Apps 2016-2017 Apps 3-Year Trend
Indiana (Kelley)-31.5%-3417411,0821,247-40.6%
UNC (Kenan-Flagler)-24.7%-4351,3231,7582,151-38.5%
Emory (Goizueta)-24.2%-3261,0221,3481,146-10.8%
Dartmouth (Tuck)-22.5%-5892,0322,6212,610-22.1%
Yale SOM-15.6%-5913,1943,7854,098-22.1%
Duke (Fuqua)-14.6%-5213,0363,5573,796-20.0%
NYU (Stern)-7.0%-2633,5183,7813,927-10.4%
Georgetown (McDonough)-6.9%-1011,3581,4591,742-22.0%
Texas (McCombs)-6.6%-1371,9412,0782,586-24.9%
Michigan (Ross)-6.2%-1982,9903,1883,485-14.2%
USC (Marshall)-5.9%-1181,8992,0171,998-5.0%
Pennsylvania (Wharton)-5.4%-3495,9056,2456,692-11.8%
Virginia (Darden)-3.9%-892,1902,2792,736-20.0%
Rice (Jones)6.5%38625587813-23.1%
Chicago (Booth)3.4%1444,4334,2894,6774-5.2%