Due to the impact of the COVID-19 pandemic, the Yale School of Management will delay the launch of its new Master’s Degree in Asset Management program for one additional year, until the fall of 2021. In a letter announcing the change, Dean Kerwin K. Charles, Deputy Dean Anjani Jain, and Professor Tobias Moskowitz expressed regret at the necessity of this postponement. They pointed out that due to restrictions enacted in response to COVID-19, many of the investment professionals slated to teach in the program would be unable to do so this fall. The involvement of leading asset management practitioners as course lecturers and guest speakers at campus events is an integral part of the Asset Management program design.
“The postponement of the program reflects our belief that the current state of the pandemic will make it extremely difficult for us to provide the rich exposure to asset management practice that we have embedded in the program’s design to complement its state-of-the-art academic curriculum,” wrote Charles, Jain, and Moskowitz.
The Master’s in Asset Management will be a one-year course of study providing early-career students with a deep understanding of the application of data science and quantitative techniques to investment decisions, while emphasizing fiduciary responsibility, ethics, and investment performance. After the new program was announced in the summer of 2019, the school received more than 1,100 applications and was planning to welcome an inaugural class of 28 exceptional and motivated students.
Students who had already enrolled in the program will be able to begin their studies in the fall of 2021 or opt to complete the Master’s Degree in Global Business and Society during the upcoming 2020-2021 academic year, then continue with the Master’s in Asset Management in 2021-22.