B School options and strategy for IB
Hi all
Today I heard back from Wharton and they put me on waitlist...
So now, I have admit from Cornell with $ (~30% tuition), THREE waitlists on Kellogg, Tuck & Wharton...
I'm planning to pursue NYC IB (hopefully TMT) and I have background in tech/engineering.
I would like to know if it worth one extra year to reapply to Wharton & other schools... (assuming waitlist -> admit is not happening) or should I just take the money and go to Cornell which has pretty decent IB placement and strong IB immersion.
Welcome any input and thanks in advance.
I think it depends on your background/circumstance. If you're on the younger side or have more opportunities to improve your candidacy (e.g. a promotion in the next ~6 months before round 1 or 2 of next year) then it might be worth it for you to wait and apply again next year. However, if your candidacy has relatively peaked, then taking Cornell is probably the safer option.
Keep in mind, aside from Wharton, your prospects for IB from Tuck or Kellogg are probably not significantly better than they would be at Cornell.
Thanks IBY1229.
I'm 27 so my age is on average or slightly below average. I am pretty sure that I will get promoted on this August/September. However, I have already mentioned my coming promotion this fall in my Wharton application (since my boss told me before I submit my app).
So I'm not so sure how much actual promotion vs promised promotion would increase my chance.
But yeah I will think about what other areas I can improve and see whether reapplying makes sense.
Speaking as a non-target, it's crazy to me how much some of you stress over schools when you are already admitted to very good school.
Go to Cornell and take the money.
Thanks JuicyJuice.
I just want to know how much further other schools vs Cornell would take me career-wise.
A bird in hand is worth two in the bush. Who is to say that you will get admitted to any of those schools next year? I would take the money and go to Cornell. If you really want IB, you should be able to make it happen from there.
Thanks gpck. Any insight on Cornell's IB recruiting landscape?
It's not too bad of a choice, especially when their scholarships "signal" that you could've got to a better school (if paying full price). Cornell is a good ivy brand all in all, and Cornell Tech has some NYC offices that may be work investigating.
As some pointed out, who knows where your offers will stack up next year. If you feel like waiting, go for it, but if it's too costly, Cornell isn't a terrible option by most means. Personally it sits within my list of top 15.
Thanks whattherock. Tuck told me that they would provide feedback on my application and areas for improvement. I think that would probably give me some better insights what to do (go to cornell vs. wait for another yr)
what's your background/stats? i'd say reapply to wharton/booth/cbs if the wharton waitlist doesn't work out this year
I'm an Asian American working for a big tech (think google/apple/Microsoft/Amazon and been here for 3.5 yrs) and graduated from top 5 engineering schools with scholarship and some other research fellowship... I took GRE since I used it for my engineering grad school and got 330+ (750/760 according to ETS GRE/GMAT tool). And I have okay EC... now it's April and I'm not yet 100% sure of my reapplication strategy as there is not much time left til next yr R1 of Wharton. But anyways thanks for your comment!
yeah this is solid. no reason you can't get into one or more M7s if you reapply next year. i'd speak to some MBA consultants (free consultations) and see if they have any insights
You are still young. With so many top schools wait listing you, best to try again, in my view. MBA Wharton much better than 3rd tier Ivy Cornell.
Thanks techjobsyankee... in terms of IB recruiting.. what do you say Wharton MBA vs. Cornell MBA? Would Wharton MBA offer much more significant IB opportunities? Just like to know by how much Wharton would help me extend
These are all just opinions of course. You have until 30, in my view, to get into the best program. Cornell is a fine school, but a second tier MBA.
10 years from now your network with Booth/Wharton across the US and Asian financial markets would be tangibly better.
My 2cents is: if you can at least do two of : get that promotion, better essays, get an alumni recommendation, then, given your strong stats, you'd be a very high chance for both those higher ranked schools. Delayed gratification often pays off.
If not, then Cornel is definitely fine too.
Best
In your shoes and having read your other posts, I'd wait a year. Looks like you were on the cusp. If you get off of any of those waitlists I'd consider accepting, depending on if the school feels like a good fit.
Next year I'd apply to the other M7 programs if you didn't this year. IB placement is the same across all M7, Tuck is pretty equivalent to M7 as well if you can handle two years in the mountains. It's not that Cornell doesn't place well in IB, just don't see the harm in taking another stab at moving up a tier.
Thanks for ur comment. I did apply to Booth and interviewed... got rejected afterward. As far as from my limited knowledge, I heard Cornell is pretty on par with Tuck/Kellogg/Sloan for IB. Not sure it's true thou. But definitely if I decide to reapply next yr I would apply to all WL schools and Columbia as wellong
Cornell is definitely pretty close. My experience was more geared towards consulting recruiting and between the top 10 and the 10-20 there were a few notable differences and I'm sure IB is the same. In terms of consulting, the same firms recruit at all schools, the % of students who go to top firms as opposed to the few that slip through and go to the next tier down changes. There are also slightly more people who recruit for the track but don't get offers and end up somewhere else (which isn't reflected in employment reports). Also, at an M7 firm the banks/consultancies fly out a handful of people from every office for major firm events, it's really incredibly impressive, you never have to travel anywhere no matter where you're recruiting until final rounds if you are on those tracks. However, if you're targeting NYC, this probably isn't a factor.
Thinking through potential exits, as mentioned earlier, is also important. M7 schools all have a bigger buy side rep than the 10-20 range. Especially H/S/W/Booth/Columbia but Kellogg and MIT will also both place better than the 10-20 range. Tuck, as you probably know from recruiting, is like a network cult, so while the overall numbers might not be as big as an M7 there are still anecdotally some bigger network benefits than you'd see at Cornell. The quality of the student body changes too between the M7 and the 10-20 range. I've worked with plenty of folks in the 10-20 range and that is not meant to be a dig at all, many of them are equally on par with my peers. The difference is - at Booth, of all the classmates I've met, there might be quite literally 1-2 out of hundreds that I wouldn't feel comfortable having on a high stress project team. This % skews as you go down the rankings.
All that being said, if you're post was "I just LOVE Cornell but I'm worried about handicapping myself should I take them instead of reapplying to xyz next year" I'd say take Cornell with the money in hand and never look back. I'm not getting that impression however. Did you go to their admit weekend? That could be a tipping point one way or another.
Haven't seen anyone say this, and I think its worth it: you say you only used your GRE scores. Its worth giving GMAT a try, as GRE scores don't factor into the school's rankings/ reported averages. Wharton is known to care a ton about stats...
Porro ipsa hic nihil consequatur illum. Et saepe nihil dolores atque. Voluptas qui molestiae voluptas labore ea reiciendis. Ea ut quaerat aut amet voluptatibus. Voluptate culpa nesciunt quis harum eveniet. Quo nihil ut numquam vel.
Dolorum illo cupiditate reiciendis optio aliquam ut blanditiis ut. Excepturi nihil ut laborum non voluptatem deleniti maxime eos. Ipsam non quia earum reprehenderit sint ex labore eligendi. Similique aliquid non non et. Minima doloribus vel ad aut.
Et odit voluptatibus saepe rem architecto harum consequuntur. Maxime et dolor qui et. Odit quaerat vel qui aspernatur corporis vero dolor neque.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...