Yale Daily News

Updated: Monday, November 23, 2009 8:42 p.m.

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SOM first in hiring

Contributing Reporter
Published Tuesday, November 3, 2009

Of American graduate business schools, the Yale School of Management has placed the highest percentage of its graduates in jobs, despite the recession, according to a report published in BusinessWeek magazine last week.
The report is based on data released each fall that describe the percentage of graduates placed in a job within three months of graduation. Ninety-two percent of the SOM class of 2009 found a job in that time frame, falling only slightly from 98 percent in 2008. By this measure, Yale bested schools that traditionally place higher in BusinessWeek’s annual rankings of...

#1 By Anon 4:54a.m. on November 3, 2009

The graph "Job Offers after Graduation" that accompanies this article would be clearer if there was some sort of number scale on the left side.

#2 By Bud Fox 6:43a.m. on November 3, 2009

The overall rank of 24th is still embarrassing. We have the money, we have the faculty, why can’t we have a top ranked business school? Maybe we need to fly another banner over the bowl this year to bring attention to what a joke SOM is in the Business world. Oh right, we don’t care about business…

#3 By The Contrarian 3:45p.m. on November 3, 2009

I can't comment on the rankings, but SOM was set up not to produce money-grubbers in the Harvard style. Surely the leader of any not-for-profit has entirely different priorities than maximizing shareholder value at the expense of everything and everyone else.

#4 By James T. Madison 8:42p.m. on November 3, 2009

To The Contrarian -

If the Harvard Business School style actually produced a consistent troop of money-grubbers dedicated to maximizing shareholder value, that schoold would be a brilliant success and a huge and virtually unalloyed social and economic positive. But perhaps the biggest failure of the "Harvard style" is that it produces far too many graduates who are dedicated to maximizing the value paid to a rather select set of managers - THEMSELVES - at the expense of shareholders!

I am not arguing that SOM has solved this problem. And I am not saying that HBS is not a net positive. But the "liabilities" that have to be subtracted from the "assets" to reach that net positive are very large indeed.

#5 By anon 9:08a.m. on November 4, 2009

Most of the other rankings put SOM higher, with most in the top 10 nationally. Look at the WSJ or US News and World Reports rankings. Only BusinessWeek has SOM that low.

#6 By Anon 9:42a.m. on November 4, 2009

To Bud Fox:

In fairness to SOM, I should point out that every other publication that rates business schools gives SOM a much higher ranking than Businessweek:

http://en.wikipedia.org/wiki/Yale_school_of_management#Admissions_and_rankings

#7 By Anon 11:03a.m. on November 4, 2009

SOM is 10th in the much more closely followed US news ranking.

#8 By Bud Fox 9:31p.m. on November 4, 2009

The Business Week ranking is the only ranking that matters. US News is fine and dandy if you are looking at undergraduate rankings ( but they also listed Old Nassau as having a top ranked Bschool in the late 80's) and the WSJ is a ranking of Bschools by recruiters and HR types who dig the social awareness and the other feel good stuff they force feed students.

Business professionals see past the Yale name, the school needs to rise to the occasion on its own merit. It can, the administration needs to (and maybe Oster knows this but Jpod didn't) admit to themselves that the rankings matter.

#9 By Yale 08 8:46a.m. on November 5, 2009

@Bud Fox,

You are 100% wrong. Wow.

BusinessWeek is the biggest JOKE of a business publication. It is hilariously bad. No one pays any attention to their ridiculous rankings.

Look at job placement and you see where SOM ranks. They aren't M7 yet, but we place plenty of people at the banks and consulting firms, as well as a variety of PE shops and alternative employers (non-profits, start-ups, etc.)

#10 By Bud Fox 7:19p.m. on November 5, 2009

The publication itself may not be what it once was but their list still hold sway. I know this, I know you know this, and everyone else who matters knows this. Your focus ( and Oster's) on a single metric is your way of compensating for the reality that SOM was not in the top 5, top 10, or even in the top 20, but 24th!

SOM needs to lose its blase attitude toward rankings, tone down its aspiration of being the anti-business school, and become truly worthy of its heritage.

#11 By yale 08 10:04p.m. on November 5, 2009

Bud Fox,

You are clueless.

Job placement is all that matters. Yale does fine.

grow up

#12 By Bud Fox 8:19p.m. on November 8, 2009

Exactly, job placement is all that matters, but I would argue that the QUALITY of the jobs matter more than the quantity. The CDO may have been successful in getting the 09’ers jobs, but kind of jobs are they getting? Back office?

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