Campus Clips

An anonymous donor has given $20 million to the School of Management to establish the Swensen Asset Management Institute. Named for Yale’s late chief investment officer, David Swensen ’80PhD, the institute will build on the existing master’s degree program in asset management. The gift endows a new professorship, scholarships for asset management students, and programming. Finance professor Tobias Moskowitz has been appointed director of the institute.

Yale College admitted 2,275 students to the Class of 2027 in this year’s admissions cycle, from a pool of 52,250 applicants, the largest in the college’s history. Dean of undergraduate admissions and financial aid Jeremiah Quinlan ’03 attributed the recent rapid growth in applications—nearly 50 percent since 2020—to Yale’s pandemic-driven decision not to require applicants to submit SAT or ACT scores with their application. That policy will continue for next year’s applicants. The Office of Undergraduate Admissions says it will make a long-term decision about testing in the winter of 2024, “informed by the data and insights generated from the most recent admissions cycles.”

Some student groups are unhappy about a decision by Yale College to take away their office space in a university-owned building at 305 Crown Street. Several organizations, including the Yale Herald, the Yale Record, and the Political Union, have space in the building, which also houses offices and rehearsal space for the School of Drama. Assistant dean of student affairs Hannah Peck ’11MDiv explained in an email to the groups that “maintaining 15 rooms on campus for only a few of our 500 student organizations became an issue of equity.” The groups are to vacate their offices by May 22. A Change.org petition calling on Yale to reverse the decision had more than 1,200 signatures in early April.