Columbia MBA Early Decision - MBA application for ED?

Anyone know when Columbia opens their MBA application for ED. Also, assuming I do it as early as possible, when would theoretically be the soonest I could find out. Trying to gauge if I will need to prep other round 1 applications while doing Columbia ED or is there a way to find out early enough where I would still leave myself ample time (say 1 month) to prep other round 1 applications. Thanks. if anyone has been through the process, really appreciate the feedback.

 
EngBanker:
You will hear back (and have to decide) from Columbia before you hear back from any other top school. That's why Columbia's early decision is tricky...
Wait, so it doesn't necessarily position you better to apply early???
Get busy living
 
UFOinsider:
Wait, so it doesn't necessarily position you better to apply early???
It does. The issue is that you'll have an offer from Columbia in hand that you'll have to respond to before you hear back from other schools. Also Columbia has this line as part of their early admissions requirements:

"Candidates have decided that Columbia is their first choice and must sign the following statement of commitment within their applications: I am committed to attending Columbia Business School and will withdraw all applications and decline all offers from other schools upon admission to Columbia Business School."

 

thank you all. my concern is not the being commited part as im prettyy certain Col is my first choice at this point (wrote about this is in a previosu post). I just wanted to see if I would need to start working on the other apps for round 1 at the same time but from what im seeing here, i can get a decision in august and still haven plenty of time to prepare other apps before most schools october round 1 deadlines

 

Short is right. As soon as the app goes live in May, you can start submitting for early decision. Columbia reviews and makes decisions on its J-term applicants prior to starting the early decision applicants. It's feasible to interview in July/August and have a decision by the end of August. Look at the Columbia thread on gmatclub to get an idea.

Also previously mentioned, Columbia's early decision round is binding. So if they accept you, you owe them a $6k deposit within two weeks of notification of your acceptance.

Early decision isn't binding if you are deferred to regular decision...or dinged (obviously).

 
Tradin:
is there a way to find out early enough where I would still leave myself ample time (say 1 month) to prep other round 1 applications.

Maybe, if you submit your application really early. CBS has rolling admissions, so in most cases, the sooner you submit, the sooner you'll hear back.

I applied 7/16 of last year and was admitted on 9/14. I would have probably heard back earlier, but it took my interviewer more than 2 weeks to submit their feedback. At 9/14, you'll have about 1 month to prep for the other top schools' R1 dates.

I think a 45-60 day time frame for CBS ED is best case scenario, and only achievable if you apply before August. Also, even though it's a rolling process, if they're on the fence about you, they could still hold off on a decision for a month or two or even defer you into regular decision.

 
UFOinsider:
How much does early admission increase your chances of being admitted?
It's really hard to say. An ad comm member I spoke with said that the admissions rate for ED applicants is considerably higher than RD applicants, but there is obviously some self-selection in that pool. I think CBS really concentrates on yield and manages to an unusually high yield (72% or so), so they are more likely to admit a marginal candidate who is almost guaranteed to accept on offer in the ED round than later on. Also, because CBS is rolling, early applicants are always at an advantage relative to later ones as the spots begin to fill up.

I don't think anyone can give a solid answer for how much it helps, but I think anyone who would be very happy going to CBS and is not a 100% lock at an M7 should apply ED. On the other hand if it is your 3rd or 4th choice and you are a high caliber candidate probably better to wait for RD.

 

I didn't read through all of the posts so this may have been covered, but you will either need to run a dual process of Columbia ED and then a few other schools for First Round or you will have to do Columbia ED and then wait to find out and then get your apps together for Second Round at your schools of choice assuming you don't get admitted to Columbia.

Your best bet is to just go to the individual web pages of the programs you are interested in and check out the dates. I was recently looking at a few schools, not Columbia, and it seems like the ones that had early decisions don't give you an answer until it would be too late to prepare an application for other 1st rounds...which is why I mentioned preparing the 1st round apps will waiting for the decision from Columbia. I realize that defeats the purpose of not trying to fill out a bunch of unnecessary essays, etc. but it seemed to me that the timeline is almost intentionally structured so you can't game the system.

Basically I think deadline for accepting or rejecting an early admissions offer from Fuqua comes right before you would hear back from Darden about a first round app. Early Decision is really geared for people that are nearly certain they want to be at that program. You probably will just have to gauge your likelihood of getting into your 'backup' schools with second round applications if you really want to avoid all the filling out of potentially unnecessary applications.

Regards

"The trouble with our liberal friends is not that they're ignorant, it's just that they know so much that isn't so." - Ronald Reagan
 
redpringles:
does anyone have specific numbers? (acceptance rate / numbers for ED and RD)

also, is the ED process any different than RD other than the timing?

For specific numbers I don't think adcomm publishes these, but you can take a look at the the GMAT Club forum for the 2012 statistics (obviously this is a biased sample, but it should give a sense of the magnitude of the difference).

On the second question, I believe the answer is no, there is no difference, or at least not one that I saw on the admissions page or application.

 

Does anyone have a sense for when is considered 'late' to apply to Columbia Early D (given that it's rolling)? Submitting a month or few weeks before the regular decision deadline is considered very late - wondering if that holds true for Early D also. Thanks!

 
Tradin:
not sure but just to re-open this post. has anyone had any contact about an interview yet for CBS ED. I submitted my application a few days ago and I'm hoping for a quick turnaround.
I think even for ED, the 12 week turnaround is pretty standard. I think if I recall correctly from the admit forums on BeatTheGmat the ED decisions may have been a bit faster, 9 or ten weeks from application to decision.
 
DCFwacc:
So what if I apply to Columbia ED, get in, but within two weeks of acceptance my circumstances change and I decide I don't want to go to business school at all? Would I still have to pay the $6k, or if I explain my circumstances is there a way out?
No, the 6K is due two weeks after admissions, so if your circumstances change before then you do not have to pay. Additionally, you only verbally commit to withdraw all other b-school decisions, not to attend business school with 100% certainty. See details: https://www4.gsb.columbia.edu/mba/admissions/options#ed
 
DCFwacc:
So what if I apply to Columbia ED, get in, but within two weeks of acceptance my circumstances change and I decide I don't want to go to business school at all? Would I still have to pay the $6k, or if I explain my circumstances is there a way out?
if you haven't yet paid the $6k then just don't pay it. if you have already paid it then it's gone. it's that simple.

but i assume what you really want to know is if you can renege if you get into another school within that 2 weeks and still keep your $6k. how else could it possibly work out that in exactly the 2 weeks after admission you suddenly have this realization that b-school isn't for you? if at all, you would probably realize earlier in which case you are obligated by simple decency to withdraw your application.

 

It is in extremely bad form to rescind your application or not pay the $6k after you've been accepted. Deferring your enrollment is an option, but if you don't pay the $6k, you'll burn bridges. It doesn't look very favorably on you, and I don't know if CBS will talk with other schools. Only apply to CBS if you are sure it's your #1 choice and you're sure you want to go to business school. Messing with ED is not a good idea.

 
consultant2b:
It is in extremely bad form to rescind your application or not pay the $6k after you've been accepted. Deferring your enrollment is an option, but if you don't pay the $6k, you'll burn bridges. It doesn't look very favorably on you, and I don't know if CBS will talk with other schools. Only apply to CBS if you are sure it's your #1 choice and you're sure you want to go to business school. Messing with ED is not a good idea.
reneging on ED won't burn any bridges and other schools don't care. i do think one should pay the $6k either way but if the timing works out perfectly and you hear from another school within the 2 weeks, i'm not sure i would advise someone to pay it anyway as a function of ethics/morality. mba admissions is a convoluted non-transparent game that certainly isn't underpinned by morality on the part of adcoms. just do what's best for you. the waitlist and most of the admitted class are largely interchangeable...the school doesn't suffer if they have to pick a waitlister to replace you.
 
jtbbdxbnycmad:
Of course not, and if they did, it could only really work against them.

Would you please elaborate on why it would work against them?

 
Best Response

They keep your $6K as consideration.

Nothing they can or will do. Too busy to hold grudges and go after people.

Should you rescind, there are 20+ people on the waitlist that would be more than ecstatic to take your spot, and everyone is happy - you go to the school you want, Columbia gets an extra $6K, and they get an applicant off the waitlist who is happy about attending Columbia. You are just $6K poorer.

Believe me, their yield from the ED round is far from 100%. A healthy minority rescind each and every year without repercussions.

The other schools don't like the ED process because it's a way for Columbia to artificially inflate their yield (and therefore their selectivity overall because the RD round becomes much harder) while potentially intimidating applicants from NOT applying to other schools. So the whole "ethical" argument Columbia tries to foist on applicants. It's like asking applicants to honor a process (ED) that other schools don't view as particularly "fair" either.

As far lawsuits, it's not worth the lawyer's fees and the time involved. Not to mention it would hard for the school to show how they have been damaged by your actions (they keep your $6K, and a "comparable" student in an already subjective admissions process happily takes your spot off the waitlist; not to mention having to open up their admissions criteria/process to scrutiny by the courts to determine that the school indeed suffered some damage as a result of your actions to rescind).

Don't be intimidated at all by CBS ED policy.

Alex Chu

Alex Chu www.mbaapply.com
 

Word through the grapevine is, they used to take rescinders to Colombia and ask them "How do you like Columbia now?!?" a couple months later. Then one guy struck it big with a druglord down there and started his own operation. Word is compensation from this "Colombian MBA" so far exceed the average comp for Columbia MBAs that the program was dropped in favor of the policy MBAApply so aptly describes.

 

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