The Yale School of Management will begin to offer a new degree program in asset management starting in 2020. The new degree program will be open to students with three years of work experience or less. Particular emphasis will be made on the use of data science and quantitative methods in relation to investment decisions.
Here is an excerpt from an article published on the Yale School of Management Website:
The new degree program is being developed in close collaboration with the Yale Investments Office (YIO), a pathbreaking team of investors who pioneered the “Yale Model” and have outpaced all other major endowments over the last 30 years. Both David Swensen, Yale’s chief investment officer, and Dean Takahashi ’83, the senior director of YIO, will teach in the program, and students will benefit from their experience combining quantitative and qualitative considerations in investment decision-making. In addition to its unparalleled performance, YIO is recognized for developing many of the leaders in the field. The heads or founders of Princeton University Investment Company, Hillhouse Capital, and the University of Pennsylvania Office of Investments all worked with Swensen after graduating from the Yale School of Management.
David Swensen said he looks forward to engaging with students in the new Yale SOM program. “Toby and I look forward to introducing our students to the endlessly fascinating world of asset management. Investment success requires constant learning, beginning in the classroom and continuing day-to-day throughout a career. Yale’s program in asset management will provide students with a solid foundation upon which they can build a productive and ethical professional life.”
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The Master’s Degree in Asset Management program will prepare students for jobs on the buy-side or the sell-side, with skills that are highly valued by employers. It will also imbue them with a rigorous, analytical approach to decision-making and with Yale’s mission-based approach to building a purposeful career.
Osman Nalbantoglu, Co-Head of Investment Engine at Bridgewater Associates, said, “The Master’s in Asset Management program is a natural extension of Yale SOM’s investment and finance offerings. Their world class faculty has collaborated with accomplished alumni in the field to develop a highly tailored yet extensive curriculum in order to provide students with a thorough understanding of the asset management industry. As an alumnus of Yale and a practitioner in the field, I’m thrilled to see the SOM continue to stay on the cutting edge of academic offerings.”
