All candidates for admission to the Master’s Degree in Systemic Risk program must first be nominated by a qualified institution. 

Admissions Requirements

  • Nomination letter from a qualified institution.
Nomination letter will include a statement verifying your employment status with the qualified institution; a comment on your qualifications for the program; and a guarantee that you will be able to return to the institution after the completion of the program. Although the applicant is not required to receive financial sponsorship from its institution to be admitted to the program, nominating institution is encouraged to include a statement describing any financial sponsorship it may be providing for the applicant. 
  • Video interview
  • GRE or GMAT
  • Statement of interest
  • Undergraduate degree in economics, finance, statistics, or a related field

Cost Information

Following table provides an estimate of annual tuition and fees for the systemic risk program  2017-18 academic year and additional living expenses. The estimate is based on 2016-17 academic year and subject to adjustments.  Alumni of the Yale School of Management MMS programs will be eligible for the Loan Forgiveness Program if they meet the requirements in respect to type of employment, income, and eligible education loans.  Please click here for more information on the program. 

Single Student Budget 2017-18
Tuition $64,200
Program Fee $1,960
Total Tuition and Fees 
Room, Board and Personal Expenses* $21,976
Course Materials $1000
Health Insurance** $2,264
Total Estimated Living Expenses
Total Single Student Budget

* Estimated expenses assuming a modest lifestyle and shared housing.
** Yale University requires students to carry hospitalization insurance. The figure shown is the cost of Yale's insurance for a single student in 2015-16. Students with alternate hospitalization insurance may waive Yale Health coverage.

How to Apply

Decisions on the application will be made on a rolling basis. However, as space in the program is limited, applications should be submitted no later than April 1, 2017. To start the application process, you can access the online application here.  For questions regarding the admission process, contact us at