Good News from Admissions!

Thanks to the efforts and dedication of many people, fall 2002 was one of our most successful admissions recruiting seasons. We received 2,517 applications for the Yale MBA program, up 20% over last year and a new record for the school.

Two successful recruiting campaigns helped contribute to this rise in applications. The Admissions Office hosted special events for historically underrepresented minorities and women-both with spectacular results. This past year, we launched three major initiatives to recruit more women: the first annual Women's Summit in New York City, a renewed partnership with Women in Management (WIM) to follow up with candidates, and the Women's Networking Reception. To reach out to more minority candidates, our strategy included an expanded series of minority MBA workshops around the country, an Alumni Minority Dinner in New York City, and a renewed partnership with the Black Business Alliance and the newly formed Hispanic Advisory Council. We have seen strong positive results as applications from women increased 30% and applications from African American and Hispanic American increased 60% over last year.

Megunticook Scholarship Recipients

Last year, the Yale School of Management launched a new scholarship for students of African American, Hispanic American, and Native American descent. Made possible through a generous gift of alumnus Thomas Matlack SOM '91, the Megunticook Scholars Program selects two first-year MBA candidates each year who demonstrate a core intent to give back to their communities. The award covers full tuition for the two years of the Yale MBA program. It also provides mentoring for the recipients and an opportunity between the first and second year to spend a week in Boston with Mr. Matlack at Megunticook Management Company, a venture capital firm that invests in promising communication, media and technology companies at the earliest stages of their development cycles.

Dwain Carryl and Rafael Zavala are the recipients from the Class of 2004. Dwain earned his undergraduate degree from Harvard and was an equity analyst at Sidoti & Company LLC before coming to Yale. Rafael attended University of California-Irvine and worked as a trader and vice president at Coastal Asset Management. Congratulations to both of them.