<p>hey, are there any equivalents of the 'silver scholar' program of the YALE SOM for other top business schools? e.g. go into mba directly after undergrad, without working.
thanks!</p>
<p>Yale has a heavy emphasis on non profit which is why they take more directly from college, non profit employers don't demand experience. Private sector employers do however, which is why top programs only take those employable (for elite jobs) given what experience they have coming in.</p>
<p>As hmom5, if you're interested in nonprofit management, schools such as Yale take students directly from undergrad. However, not all business schools are the same. For example, I want to attend Michigan's MBA program (closer to home, has my concentration, can take advantage of employee discounts) but they still prefer work experience regardless of concentration.</p>
<p>thx for the replies. does that mean a Yale MBA won't do you any good if ur planning on working in the private sector?
actually many other business schools say on their FAQ pages that they accept a 'small number of individuals' directly from grad.</p>
<p>keepitgoing, those "small number of individuals" did some very exceptional work. They represent less than 10% of an entering class.</p>
<p>
[quote]
does that mean a Yale MBA won't do you any good if ur planning on working in the private sector?
[/quote]
if you mean the question as stated, the answer is "no, that's ridiculous". plenty of top companies recruit heavily from Yale SOM. David Jackson, the Chief Investment Officer for the state of Dubai's investment portfolio, is a Yale SOM graduate who went on to be the #2 banker at Lehman before getting poached to work for Dubai (he's also a friend of my roommate's - he's quite a wild-n-crazy guy). Dozens of other examples are no doubt out there.</p>
<p>If you mean to ask, "If you attend Yale SOM without any prior work experience, do you have a shot at the top post-MBA jobs?", the answer is a subject of some subtlety and disagreement. Certainly, employers will be very eager to take a look at you, and if you can convince them that you have the passion, knowledge and skills (hard and soft) for the job, you can get an offer. Sakky and I disagree on whether those offers will tend to be Analyst money (60-70k salaries) or Associate money (100-130k salaries), in the Strategy Consulting and Banking fields. It'll depend on the firm and what you've done professionally or semi-professionally while attending school. If you're a superstar finance/econ guy with published research who could've easily gotten a PhD instead of an MBA, but you have no real-world experience, McKinsey (for example) is happy to hire you as an Associate, with 120-125k salary and probably 20-30 bonus. If you got into Yale SOM on the back of some great, entrepreneurially-minded work for nonprofits while in college, and told them you wanted to continue being a nonprofit star, then convincing bankers to take you seriously for their job will be a little harder, and any offers that come through may only be at an Analyst level.</p>
<p>Yale SOM os not in the league you'd expect it to be given that it's part of Yale. It's a good B school, not a great one or one of the elite. It's in a class of it's own for non profit, however.</p>
<p>well, they did just start the school like 30 years ago, and it has catapulted up the rankings due to its University's name brand, but in no way has the legacy or cachet of the older (and typically better) b-schools.</p>
<p>Since your question seems to be, "Are there other top business schools which allow/accept you into the MBA immediately after the bachelors--and/or encourage you to do so, I should probably say there are a few, but it depends upon your definition of "top business schools".</p>
<p>Indiana and Boston College both have such programs (although you have to be admitted only after you are already at the school and in the major--and the ability to get in is limited), but neither of these schools is a top 10 MBA program. Both are on the top 15 undergraduate business schools list--and both fall in the top 25 MBA programs, however. (Indiana, the higher ranked of the two is 16th on the latest MBA schools list from Business Week--and 18th on USNWR's list).</p>
<p>Neither of these programs are non-profit based major-specific (like Yale's is), though--if that's what you are looking for.</p>
<p>is the barrier really about work experience or age?</p>
<p>Say your older, have taken several years off, but are back in school, and own a profitable web site or have done something other than traditional work to make money since high school. Are you still gonna need those 2-5 years work experience?</p>
<p>it's about work experience.</p>
<p>although not a rule, most of the very-early-career or straight-from-undergrad people i've met at Wharton and HBS and the like had lots of business experience in college or before college.</p>