Provide flexible funds to meet emerging needs and underwrite progress that furthers the mission and aspirations of the school. To be a true pioneer in management education, Yale SOM must develop innovative programs and new initiatives as they become relevant. By directing Alumni Fund gifts to this area, donors enable essential activities that enhance SOM’s excellence.
In fiscal year 2015, which ended on June 30, 2015, Yale SOM raised more than $3 million for the Alumni Fund. 51.5 percent of alumni gave, placing Yale SOM highest among all Yale schools – including Yale College – in terms of alumni participation. We also achieved one of the highest participation rates among our peer business schools. Thanks to the generosity of our Alumni Fund donors, Yale SOM began fiscal 2016 on firm financial footing and with a remarkable level of alumni engagement.
This year, we will continue to build on the momentum of last year’s successes. All Alumni Fund gifts are put to use immediately to meet the school’s most pressing needs, so with a new academic year comes the need for renewed support. Your gift to the Yale SOM Alumni Fund will help ensure another spectacular year for the school and our students.
Your support provides critical resources for the school’s core needs—including scholarships, faculty research, and curriculum innovation. Gifts to the Alumni Fund helped the school:
- Provide scholarships to attract top talent and loan forgiveness to support alumni working in the public or nonprofit sectors.
- Implement curricular innovations, such as Yale SOM’s unique raw cases, integrated core curriculum, and online courses that connect students globally.
- Enhance research and teaching on emerging topics including mobile banking and sustainability.
- Send students across the U.S. and the world for job treks, Global Network Weeks, and International Experience trips.
- Support Yale SOM centers and programs, including the Program on Social Enterprise and the new Program on Entrepreneurship.
“Our alumni participation in giving and in service speaks volumes about how invested our alumni are in the life of the school. Last year, more than 1,300 alumni volunteered for SOM in some way. Alongside this spirit of service, setting a new benchmark for giving will reflect the fact that alumni continue to play such a big part in the success of the school.”
— Joel Getz, Senior Associate Dean for Development and Alumni Relations
Alumni Fund Volunteers
Serve as an ambassador for Yale SOM and make a difference in the lives of current students by volunteering for the Yale SOM Alumni Fund. Joining the Alumni Fund as a volunteer allows you to have a great impact on the school and stay connected with classmates. In addition to helping the Alumni Fund meet its goals each year, volunteers help the school maintain a rich relationship with its alumni. The time commitment is small and the duties can be performed from anywhere in the world.
Yale SOM Alumni Fund Giving History
Yale SOM Alumni Fund Gift Designations
Help SOM stay competitive in attracting top students. The school spends almost $6 million annually for scholarships in the MBA, EMBA, and MAM programs, and existing scholarship funds cover less than one-third of this expense. Alumni Fund dollars can make a difference in how many scholarships are offered to outstanding students and how many of these students ultimately choose SOM over our competitors.
Support eligible alumni working in the public or non-profit sectors, as well as L3C organizations and B corporations. Yale SOM’s generous educational loan forgiveness program was the first of its kind at a business school, and since 1986 SOM has provided more than $7 million in loan forgiveness to more than 400 alumni, with an increasing number of applications to the program each year. Recent recipients work for organizations including Achievement First, Kiva, and African Entrepreneur Collective. Alumna Hope Taylor Norman ’02 said, “I was able to follow a career dream due to the Yale SOM Loan Forgiveness Program. The Yale SOM Loan Forgiveness Program gave us the extra cushion we needed to take the financial risk and follow my dream.” To sustain this hallmark program, SOM spends more than $1 million per year. Alumni Fund gifts to Loan Forgiveness are critical to the school’s ability to fund the program.
Support SOM’s new campus, Edward P. Evans Hall, opened in January 2014. The 242,000-square-foot building, named in recognition of a generous gift from Edward P. Evans YC '64, houses classrooms, faculty and staff offices, dining commons, library, and formal and informal study spaces, all incorporating technological innovations designed to enhance the school’s uniquely integrative curriculum. The world-renowned architectural firm Foster + Partners, chaired by Lord Norman Foster '62 M.Arch., has created a facility that promotes the interconnectedness, transparency, and exchange of ideas critical to leadership in the 21st century while including elements—such as an enclosed courtyard, a community dining commons, and a thoughtfully landscaped campus—that embody the history and tradition of Yale.
Yale SOM faculty are dedicated teachers and leading researchers who play an outsized role in shaping business theory, policy, and practice. Gifts directed to research have enabled Yale SOM to become a leader in the emerging field of behavioral finance, to produce significant work on competition and antitrust behavior, and to make important contributions to the fields of organizational behavior and ethical leadership, among others. Students get unparalleled access to this faculty expertise, thanks to the small faculty-to-student ratio and sense of community at the school. Gifts to support faculty research have enormous impact on the culture and character of the school as well as on the world beyond Yale.
Curriculum & Case Development
Help Yale SOM enhance its signature integrated curriculum, which teaches students to approach management challenges with a nuanced understanding of how markets, organizations, and the global economy work. Throughout the curriculum, “raw” online cases train students to find solutions to complex and unstructured problems, like the ones they will encounter in their working lives. Ethical leadership and structured problem solving are woven through every course and case study. Gifts directed to curriculum and case development enhance the curriculum with new courses, initiatives, and programs, while further leveraging the strengths of the Global Network for Advanced Management and Yale University.
MBA for Executives Program
Enable curriculum development and programmatic innovations in the MBA for Executives (EMBA) program. The EMBA program combines the rigor of Yale SOM’s integrated core curriculum and leadership development program with advanced study in a chosen area at the nexus of business and society: asset management, healthcare, or sustainability. Drawing on the expertise and knowledge of thought leaders from across Yale, the program provides students with a broad understanding of management and a deep knowledge of their industry.
Master of Advanced Management (MAM) Scholarships
Donor support makes a difference in the number of scholarships Yale SOM is able to offer the ambitious and broad-minded students admitted to the Master of Advanced Management (MAM) program. The MAM is a one-year degree program at Yale SOM for exceptional MBA graduates fromGlobal Network for Advanced Management schools who aspire to become global leaders for business and society. Current MAM students hail from thirty-two countries and a diverse array of industries, from advertising to aerospace. Tuition for the MAM program is the same as SOM’s full-time MBA program and can be prohibitive for potential students, especially those from emerging and developing countries.