Yale University hired Edward Snyder, the dean of the top-ranked University of Chicago”™s Booth School of Business, to become dean of the Yale School of Management beginning in 2011.
Sharon Oster will continue as dean of the school, overseeing the final preparation of plans for a new campus in New Haven, while Snyder takes a year”™s sabbatical.
In Snyder, Yale gets an experienced dean at an institution that was ranked the top business school in the nation by BusinessWeek in December 2009.
“Ted Snyder is widely regarded as the most successful business school dean in the nation,” said Richard Levin, president of Yale University, in a statement. “He brings experience, enthusiasm, and vision to the Yale School of Management, and he looks forward to maintaining the school”™s tradition of preparing students for leadership in business and society by raising their awareness of the context in which business operates.”
Under Snyder, the University of Chicago”™s business school secured a $300 million donation from alumnus David Booth and renamed the school after its benefactor. During Snyder”™s tenure between 2001 and 2009, Chicago Booth nearly doubled the number of endowed academic chairs, and tripled is scholarship assistance.
Snyder is also a graduate of the University of Chicago, receiving his doctorate in 1984 in economics. After working four years as an economist in the antitrust division of the U.S. Department of Justice, he taught at the University of Michigan and at the University of Virginia”™s Darden School of Business before returning to Chicago in 2001.
Also at Yale, researchers have received $121 million in funding as a result of the American Recovery and Reinvestment Act.
In the past year, Yale has secured 280 grants in the past year made possible by the federal stimulus, covering a range of studies including how to derive painkillers from spider venom; the physics of turbulent flows like rivers and smoke; and how to manipulate soft crystals for applications such as batteries and fuel cells.
