SOM Master’s Program Expands Admission Criteria
The School of Management’s Master of Advanced Management Program has expanded its admission criteria.
Schirin Rangnick, senior photography
The Master of Advanced Management program at the Yale School of Management announced last week that it would open the program to students outside the Advanced Management Global Network – a consortium of business schools around the world created by SOM in 2013.
The MAM program is entering its ninth year at SOM. It was created by former dean Ted Snyder to expand SOM’s global footprint, according to Maria Del Camino de Paz Espiago, associate dean of Global Network programs. The program is designed as an additional year of study for students who have completed their MBA at one of the other schools in the Global Network. The SOM also announced that it now requires applicants to have a GMAT or GRE score when applying for the program.
“The Masters in Advanced Management program helps bring together students from around the world and exposes them to a program where they learn about the complex connections between business and society,” said de Paz Espiago. “Through our expansion of the program, we hope we can access an even wider range of perspectives further enriching the program.”
According to de Paz Espiago, students in the program are required to take a foundation course in global issues and then can craft a finance and management curriculum that best suits their interests and needs.
According to Snyder, the program has evolved significantly over the past decade. He said the program has added a mandatory seminar, which serves to increase cohesion among students. These changes, Snyder said, have led many schools across the global network to recruit students who wish to study at Yale under this program.
“the change to invite a small number of non-[Global Network] schools is intended to strengthen our relationships with other schools,” Snyder wrote in an email to the News. “But places for non-GNAM schools are limited. Yale SOM has decided to allocate the difference between program capacity and the average number of students we enrolled from GNAM to “non-GNAM” schools.
The current program has up to 68 places, according to de Paz Espiago; however, the program has only accepted an average of 55 students out of the approximately 300 students who apply to the program. Administrators believe that number of students is working well, she said. By opening the program to students from schools outside the global network, de Paz Espiago said the program hopes to fill all 68 places.
School of Management Provost Edi Pinker explained that the current program is self-selected because it is highly specialized and fills a “unique niche” within SOM and the wider management community. Pinker explained that the changes to the application process could be attributed to a regular review of the school’s programs and a desire from the new SOM dean. Kerwin Charles to expand SOM’s footprint.
“After Dean Charles took office in 2019, we looked at many programs within SOM to explore how we can expand their impact,” Pinker said. “We hope that through this change we will be able to expand the number of schools and areas around the world that we can access.”
Although neither de Paz Espiago nor Pinker highlighted the ongoing COVID-19 pandemic affecting the number of students who applied to the program, de Paz Espiago said the program was entirely virtual last year because the overwhelming majority of students in the program were from outside the United States.
De Paz Espiago explained that the admission process for the program takes place in three cycles. She said the first two rounds will still only be open to Global Network students, but the third round of applications will be open to students from all business schools.
“We were pleasantly surprised to see the support from other schools within GNAM,” said de Paz Espiago. “We expected some pushback, but all schools were supportive, seeing this as a way to strengthen the program.”
There are currently 31 schools in the Global Network for Advanced Management.