IB hopeful admitted @ Darden & Stern - Reapply or Enroll?

Looking for advice. Details of my profile below. 


Background & Context:

  • Am a white Male w/ ~4 years of experience at T2 strategy consulting
  • Attended a top undergrad b school (think Haas/McIntire/Ross)
  • GPA = 3.6 | GMAT score = 740
  • Interested in transitioning from consulting into IB post-mba

Outcomes from Current Cycle:

  • Applied early decision to CBS full-time MBA last October, at such time that my GMAT score was 710. Was rejected without interview
  • Applied Darden and Stern in Round II with the same GMAT score
  • Sat for the GMAT again after the round 2 deadline and improved my score from 710 to 740
  • Sent updated scores to Darden and Stern and was subsequently admitted to both

Current thinking / Considerations:

  • My top choices have always been CBS/Booth/Kellogg/Wharton. However, getting rejected from CBS without an interview last fall was such a wake-up call that, having concluded my scores were too low, I decided not to not even apply to the others after that 
  • Given that I was ultimately able to solve the GMAT score problem (the main roadblock) but never had the chance to try my hand at these more competitive programs (save for CBS), I am tempted to put off enrollment and give it a go next cycle in Round 1
  • Reasons to go for it:
    • Would be an opportunity to get into one of my dream school, which I would be more than willing to wait another year for
    • I'm not overly excited about either Stern or Darden, and I'm weary of investing 200k in something that I can't get fired up about
  • Reasons to throw in the towel and enroll this fall:
    • The above programs are super competitive, espec for candidates with my background (I have a good story but relatively dime-a-dozen for M7 applicant pools). Thus my chances of getting in are not overly high.
    • Stern does not allow deferrals and Darden does only on a case-by-case basis, meaning I could lose these solid options if I choose to wait
    • Both Stern and Darden have sufficiently good reputations and recruiting infrastructure to enable my goal of transitioning into IB

Bottom-line: what would you do in my position?

 
Most Helpful

Let me ask you this - 

What's more important to you? 1) Your dream business school - which you will attend for 2 years. 2) Your dream job - which you might pursue for your life time?

The thing here is NYU will get you the same result as CBS for IB. Darden as well - but CBS/NYU being in NYC makes it easier to network. 

Something else - Most B-schools are not reapplicant friendly - so applying as a first time applicant with 740 GMAT is different than applying with a 740 GMAT as a reapplicant. Add on to the fact that since COVID-19 MBA applications have increased and the seats have decreased due to the deferred applications. So you will be competing for a M7 school with 740 GMAT - as a reapplicant - in a competitive year. Think about it for a second - because you have very low chance of getting admitted - where as you already have 2 admittance in hand. 

 

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