I think that RadMenu control will do the job. Generally if you use built in functionality you will not be able to got the same result as you have on http://mba.yale.edu, because there are three level of navigation.
The easiest way to do this is dropping three SiteMenu controls ( it is extended RadMenu control in Sitefinity CMS) and set StartingNodeOffset property to 0, 1, and 2. The property determine from which level the SiteMap will be bound.
Another option is using CmsManager and creating a cusom menu. Good solution would be RadTabStrip
Let us know if there are any further questions.
the Telerik team