FAQ

Qualifying institutions include central banks and other major regulatory agencies with a mandate to manage systemic risk. It also includes private institutions that have systemic risk in their business agenda.

The nomination letter will verify your employment status, comment on your credentials and qualifications, and guarantee your return to the institution after the completion of the program. Although not required, we also encourage that it includes a statement regarding any financial sponsorships the applicant may be receiving from his or her institution. 

We do not have a minimum GRE or GMAT score requirement for admission. We will, however, be using the score to assess whether the applicant would be successful in the program. 

Instead of a TOEFL score, the online application will require you to complete three video questions. These questions are not meant to test your knowledge on any subject related to the program but designed to assess your English skills. 

We encourage you to submit your application by January 1.

Yes. If your institution does not provide an English translation with the transcript, you must obtain a notarized English translation.

This is a one-year in-residence program. We currently do not have any plans to provide an option to do the program part-time since it is meant to bring students from all parts of the world and ensure that the students receive intense training and build a strong community.

The students in the program will be eligible for the loan forgiveness program at Yale SOM. More information on the program can be found here.

MMS in Systemic Risk is now a participating program for the Joint Japan/World Bank Graduate Scholarship Program (JJ/WBGSP). JJ/WBGSP is open to certain developing countries with relevant professional experience and a history of supporting their countries’ development efforts who are applying to a master's degree program in a development-related topic. The application period for the MMS in Systemic Risk is Window 1. You will need an unconditional acceptance from the master's program to apply for the JJ/WBGSP. For more information on the application process and requirements, please visit here.

We expect all students to return to their nominating institutions after the completion of the program. Therefore, we currently do not have plans to provide a job placement or career service for our students. 

The students in the program are required to attend the orientation program at Yale SOM. The orientation will start mid-August and you will have to arrive on campus in time to attend the orientation. Graduation from the program will take place in May. Exact dates will be notified to each admitted student. 

Yale’s Office of International Students and Scholars (OISS) provides English language support, local community connections, and a multitude of daily events for international students and their families. For more information, visit the OISS website.