Dear Yale SOM Alumni,
As we begin 2019, I want to wish you the very best and take this opportunity to bring you up to date on your favorite school of management.
Yale SOM is in very good shape in terms of the critical components – the quality of our people, programs, and financials. We also can lay claim to (1) being the business school that is most integrated into our home university, and (2) being the most global US business school. We simply could not be in this position without your counsel, support, and feedback. Thank you!
I won’t overwhelm you with specifics, but the following are quite striking:
- Non-SOM students registered for over 1600 SOM classes last academic year and the pace continues this year.
- Over 40 percent of our tenure-track faculty have joined the school in the last 7 years. They are outstanding and increasingly diverse.
- Last year, an extraordinary 54.8 percent of our alumni supported the Alumni Fund.
- 16 member schools will offer distinctive programs during the Global Network Weeks in March and an expected 725 MBA students will enroll in these programs.
Less amenable to qualitative analysis, our faculty are having a large impact on big issues ranging from the changing nature of work to the global financial system to immigration. And our alumni continue to distinguish themselves in careers that span all regions of the globe and in all sectors of business and society. For example, this spring we will honor our new 2018-19 Donaldson Fellows, who embody the school’s mission to educate leaders for business and society in their personal and professional accomplishments. From my perspective, the school’s focus on mission continues with increasingly profound implications.
I also sense that access to our programs and our faculty’s expertise is expanding. Our relatively modest changes in our masters-level program portfolio – over 85 percent of our students are in the full-time MBA or the MBA for Executives – represent opportunities for students from all over the world to come to Yale SOM for a year or more. They also are providing the school with opportunities to become more adept in educating leaders who are younger and from an expanded set of countries and backgrounds. At the same time, the dramatic growth in our non-degree programs means that approximately 6,000 individuals are expected to participate in our programs, many of which are on-line, during this academic year.
This positive year means that we are well-positioned for a successful dean transition. I look forward to raising my hand to offer support when the new dean is announced. I know that you’ll also have your hand raised as well.
As always, I welcome your feedback and counsel. Please email me at firstname.lastname@example.org.
Very best wishes and warm regards, Ted