Yale School of Management To Launch New Program

The Yale School of Management is launching a new degree program that will give students exposure to data science and quantitative techniques.

The master’s degree in asset management will debut in the fall of 2020 and is aimed at students coming straight out of college or with less than three years of work experience, according to a Yale press release.

“The investment industry is fast-changing, with new techniques and new technologies constantly altering the playing field,” Tobias J. Moskowitz, a Professor of Finance at Yale SOM and lead faculty director of the new program, says. “It’s exciting to know we’ll be giving our students a glimpse into the latest scholarship and practice, as well as a grounding in the fundamentals.”

GEARED TOWARDS TRAINING INVESTMENT MANAGERS

The new program will be taught by leading Yale SOM faculty with support from the Yale Investments Office and leading renown investment managers.

Moskowitz says the program will emphasize the goals of investment management as well as offer guiding principles around ethics.

“One goal we have is to train the future generations of investment managers ‘the right way’ by not only teaching the state-of-the-art techniques, but also conveying to them the importance of fiduciary responsibility and ethical investment practices,” he says.

RIGOROUS TRAINING, FLEXIBLE FORMAT

The program will be taught over one academic year with training in all aspects of asset management, including “investment theory, factor investing, and risk management, with a core focus on forward-looking quantitative methods and new technologies emerging in the fast-developing field.”

It’s also designed to be flexible in format to allow for students to build practical industry experience and pursuing areas of interest by taking additional Yale SOM courses.

“This program will leverage the expertise of our superb finance faculty and our deep connections with asset managers,” Edward A. Snyder, the Indra K. Nooyi Dean and William S. Beinecke Professor of Economics and Management, says. “The rigorous curriculum will prepare future asset managers to perform at the highest level and to achieve positive impacts for business and society.”

Sources: Yale School of Management, Yale School of Management