Take Yale Daily news reported on Thursday that Round One applications to Yale SOM increased by 4% vs. Round One last year.
According to Yale SOM Director of Admissions Bruce DelMonico, the school received 928 applications by its October deadline, compared to 894 received in October, 2007. That puts Yale on pace to pace to receive more than 3,000 applications in the 2008-2009 MBA admissions season.
On top of the growing numbers, DelMonino also reports that the admissions office is “seeing not only greater numbers, but also greater quality.” As one indicator of this quality, the average GMAT score of Yale’s Round One applicants was 698, two points higher than last year’s average.
Yale SOM’s Round 1 pool also included 78 applicants from The Consortium for Graduate Study in Management, reflecting the results of a push by the school to attarct more minority candidates. And while Yale has actually been shrinking its class size recently, the school has publicly stated that it may take on a few more students to increase tuition revenues to offset declining returns from Yale’s endowment. DelMonico expects next year’s class to have up to 200 students, up from 193 students this year.