Yale Asset Management Admission Discussion

[SpadeQuant]

Fyi, just got an interview invite

Nice. Havnt heard anything and no updates on my dashboard. Let us know how it goes!

 

[Quantgrad]

To keep you updated, I received an email from an admission officer a few days ago that asked me to provide an update transcript saying that they were reviewing my application.

 

[SpadeQuant]

Got an interview invite yesterday. I wonder what % of applicants receive one.

 

[FlyingSaucer]

I haven’t received anything from them yet. Starting to think I was rejeced.

 

[Quantgrad]

I haven’t received anything from them yet. Starting to think I was rejeced.

Same boat, let's hope for the best

 

[Quantgrad]

Same boat, let's hope for the best

Just arrived

 

[Quantgrad]

I just got an interview invitation from Yale AM program. What kind of interview questions should I expect during the interview? Is it behavioral, technical, or mix of both?

How did it go? I have mine in a few days

 

[lggnz]

Also curious

 

[quantmage]

Had my interview last week. No technical questions. All typical behavioral questions, stuff like: Why Yale? Why AM? What was your favorite class in undergrad? Very casual and conversational, nothing to worry about.

 

[jayjj]

FYI, Yale School of Management (SOM) has just published their first employment report for the Masters in Asset Management Class of 2023.

Employment Report

The rigorous and selective Master’s in Asset Management prepares students for a wide range of asset management roles. Our graduates have secured positions at major banks, investment funds, hedge funds, and other firms—and started their careers with the skills to get ahead.

som.yale.edu

 

[Arbitrary]

As a thought experiment, where would y'all rank this program in the current rankings in terms of viability for quantitative finance. I would probably rank it around 11th or 12th. Strong Yale brand name, some great employers (e.g. BAM, IMC, Bridgewater) however lack of depth with a 9-month program. Salary is also a bit lackluster. Definitely below MIT, i'd say above NCSU because of more buy-side exposure and better brand. What do y'all think?

 

[Lukee]

As a thought experiment, where would y'all rank this program in the current rankings in terms of viability for quantitative finance. I would probably rank it around 11th or 12th. Strong Yale brand name, some great employers (e.g. BAM, IMC, Bridgewater) however lack of depth with a 9-month program. Salary is also a bit lackluster. Definitely below MIT, i'd say above NCSU because of more buy-side exposure and better brand. What do y'all think?

It seems like their best students have placement that rivals top programs while the rest get a salary + sign-on bonus of around $105,000 which is very obtainable from cheaper schools like UW and NCSU.

It says that 1/3 of the class is employed in China, could any Chinese students weigh in here on how those salaries compare to American companies? I'm wondering if that skews the data

 

[Quantgrad]

It seems like their best students have placement that rivals top programs while the rest get a salary + sign-on bonus of around $105,000 which is very obtainable from cheaper schools like UW and NCSU.

It says that 1/3 of the class is employed in China, could any Chinese students weigh in here on how those salaries compare to American companies? I'm wondering if that skews the data

As far as I know, they should be sensibly lower. That is the same problem some European programs, such as Imperial RMFE, have when reporting the data.

 

[Andy Nguyen]

FYI, Yale School of Management (SOM) has just published their first employment report for the Masters in Asset Management Class of 2023.

Employment Report

The rigorous and selective Master’s in Asset Management prepares students for a wide range of asset management roles. Our graduates have secured positions at major banks, investment funds, hedge funds, and other firms—and started their careers with the skills to get ahead.

som.yale.edu

The report is 6 months post graduation, standard practice among business schools.
In QuantNet rankings, we use 3 months post graduation.
Just keep this in mind when you compare numbers across different programs.

 

[Alex Ng]

It seems like their best students have placement that rivals top programs while the rest get a salary + sign-on bonus of around $105,000 which is very obtainable from cheaper schools like UW and NCSU.

It says that 1/3 of the class is employed in China, could any Chinese students weigh in here on how those salaries compare to American companies? I'm wondering if that skews the data

If you receive $100,000 annual salary in China, I would it is a very decent starting salary. It is difficult to make comparison with the placement stats from other programs that have mostly stats in the U.S. Obviously, if you consider the placement stats in USD, they do not look impressive. However, do keep in mind that while you make more money in the U.S., the costs of living are also much higher in the U.S.

 

[lklklk]

Will the program consider extending program length to 1 year+?

 

[Andy Nguyen]

Here is the response from the Yale SOM program to my query
The Yale School of Management Master’s in Asset Management program received over 1400 applications for the Class of 2025, representing a 12% increase in submitted applications year over year. Our admissions team is currently in the process of evaluation, and will release decisions on March 26th. Admitted students will have until April 18th to enroll, with an expected cohort size similar to our current Class of 2024.

 

[Andy Nguyen]

March 26th is today, of course, and we are seeing results showing up on the Tracker.
1400 is a huge number of applications for them to sort through. Congrats to those who got admitted.

 

[quantchoices]

Congrats all. ~57/1400 students for the class. That’s similar to Princeton MFin

 

[Lukee]

Congrats all. ~57/1400 students for the class. That’s similar to Princeton MFin

4% acceptance rate