Yale Adds Sustainability & Finance Options

“To forward the school’s mission to educate leaders for business and society, I am excited that we are expanding the scope of the Yale SOM MBA for Executives program,” said SOM Dean Edward A. Snyder in a statement. “The program will continue to feature our integrated core curriculum and our Leadership Development Program. The new areas of focus—asset management and sustainability—are similar to our existing focus on healthcare in that they deal with big issues at the nexus of business and society. The world needs leaders who understand the importance of managing people’s retirement savings, pension funds, and endowments, or addressing climate change and resource availability in a systematic way.”

‘A MASTER’S IN FINANCE IS EXACTLY WHAT THIS PROGRAM IS NOT’

The asset management focus will teach students the technical skills of investing as well as an understanding of broader organizational and strategic issues. “A master’s in finance is exactly what this program is not,” said William N. Goetzmann, faculty director for the asset management concentration. “It’s an MBA. The world of money management demands a whole set of MBA skills. For instance, any asset management company is exquisitely dependent upon selecting people of high integrity to handle investors’ money, and so their futures. How do you find and retain the right people? You’re constantly dealing with innovations from your competitors, as well as the constant drumbeat of information technology and shifting regulatory requirements.”

The sustainability concentration will focus on applying an integrated, sustainable approach to business as a means of driving innovation and growth in organizations. “For half a century we have dealt with traditional sustainability issues—resource availability, energy, climate change—by thinking about what you cannot do, or what you have to reduce or eliminate,” said Paul Anastas, faculty director of the sustainability concentration. “There has been a transformation to thinking about what you can create, invent, and innovate by aligning sustainability issues with economic drivers and market forces. Now, sustainability, when done right and thoughtfully, is a competitive advantage.”

“The combination of the Yale MBA and in-depth study of healthcare leadership has been a winning formula for our graduates over the past eight years, as evidenced by the impact they are having across the sector,” explained Dr. Howard Forman, professor of diagnostic radiology, economics and management, and faculty director of the healthcare concentration. “Building on this strong foundation by adding asset management and sustainability is very exciting and will no doubt enrich the experience of all students, including those with a healthcare background.”

CURRICULUM AND CONTACT HOURS IDENTICAL TO FULL-TIME MBA PROGRAM

The curriculum and contact hours for Yale’s EMBA program are identical to that of the full-time MBA program. The EMBA program includes Yale SOM’s unique integrated core curriculum, Leadership Development Program, raw cases, team project work, and emphasis on global business. Students learn a set of fundamental skills and frameworks in the core and in advanced management courses, complemented by advanced sector-specific courses and speaker series that build insight into the issues facing their industry.

The school said that the two-year, all inclusive program fee for Class of 2016 students entering in July of 2014 is $155,500. Program fees include tuition, a personal electronic device capable of being a reader as well as providing Microsoft Office functions, books, study materials, breakfast and lunch on all class days, on-campus parking, and lodging and parking at the Omni New Haven Hotel during summer residencies and on Friday evenings of all weekend sessions.

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