School of management

School Notes: School of Management
September/October 2025

Kerwin Charles | http://som.yale.edu

Starting board service early

SOM has long offered students the opportunity to serve on local nonprofit boards through its Nonprofit Board Fellows program. This year, the program expanded its impact with a gift from Golub Capital. The relaunched Golub Capital Nonprofit Board Fellows Program has hired two new staff members and is creating a set of teaching case studies and a for-credit course to be offered in the fall. “I knew I wanted to have a career with impact,” said Sarah Bond ’26, one of the program’s student leaders. “This work has reaffirmed my desire to serve on nonprofit boards throughout my career.”

Fighting tomorrow’s financial crises

Created after the Great Recession, the Yale Program on Financial Stability (YPFS) has spent ten years working on its flagship project: an online repository of information about responses to past financial crises and a playbook for fighting future ones. The New Bagehot Project, which is concluding this year, includes over 300 case studies of actions by central banks and other authorities. 

YPFS will now focus on disseminating the findings, through training programs and SOM’s master’s degree in systemic risk program. “If we succeed,” said YPFS director Andrew Metrick, “the next time there is a crisis, we will not make nearly as many mistakes.” 

Honoring the first-generation experience

In 2024, SOM students established the First-Generation/Low-Income Club. This spring, club leaders launched FLI Week, a new annual celebration of their identities. The weeklong event included lunch-and-learn sessions; advice from recent alums; and talks by professors Tristan Botelho and Barbara Biasi about their academic journeys as first-generation students.

Writing on the SOM blog, Seidy Pacheco ’26 said the event addressed common challenges students face and provided a space for connection. “Our peers got to learn how being first-gen and/or low-income impacts our experience before, during, and after our time at SOM,” she said.

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