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Current Student
Joined: 16 Sep 2010
Posts: 224
Location: United States
Concentration: Finance, Real Estate
GMAT 1: 740 Q48 V42
Followers: 7

Kudos [?]: 81 [0], given: 2

So I have been fortunate enough to be admitted to a couple of schools now (Columbia, Chicago, and Yale). I was placed on the waitlist at HBS and won't find out if I get an interview until mid February, and should I be interviewed I wont find out if I am admitted until late March. The problem with this is I need to give a yes/no and an initial (non-refundable) deposit to the school's I was admitted to basically by the end of February (ranges from Feb 20th to March 1st). So my question to the forum, is how do I manage this process? I realize I really can't go wrong with any of the schools I have been admitted to so its definitely a high-class problem, but I am just wondering if I want to find out from HBS do I say something to them (everything I have read on managing the waitlist process basically has said only contact the AdCom with a meaningful update i.e. promotion, higher GMAT score, etc. with no mention of admittance to other schools) or do I just pick from where I have been admitted and should I still believe HBS is my #1 then roll the dice on them and risk forfeiting the initial deposit at the other school.

Any advice would be greatly appreciated.

Thanks.
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Current Student
Joined: 26 May 2010
Posts: 719
Location: United States (MA)
Concentration: Strategy
Schools: MIT Sloan - Class of 2015
WE: Consulting (Mutual Funds and Brokerage)
Followers: 16

Kudos [?]: 203 [1] , given: 642

1
KUDOS
I suggest putting in a deposit at your favorite school between SOM, Booth, and CBS. Then, if admitted, forego the deposit and matriculate at HBS (assuming the $2-3K is worth it to you). After all, in the grand scheme of things, let alone in the face of$150K of debt, an additional $3K is nothing if it means attending your number one choice. Current Student Status: Too close for missiles, switching to guns. Joined: 23 Oct 2012 Posts: 788 Location: United States Schools: Johnson (Cornell) - Class of 2015 WE: Military Officer (Military & Defense) Followers: 16 Kudos [?]: 315 [0], given: 175 Re: Admission / Waitlist Question? [#permalink] 08 Jan 2013, 18:32 kingfalcon wrote: I suggest putting in a deposit at your favorite school between SOM, Booth, and CBS. Then, if admitted, forego the deposit and matriculate at HBS (assuming the$2-3K is worth it to you). After all, in the grand scheme of things, let alone in the face of $150K of debt, an additional$3K is nothing if it means attending your number one choice.

Concur. People do this all the time - the school you leave at the altar won't be offended, in fact, they'll go to their waitlist to fill the spot and probably keep the domino effect going. If HBS is your No.1, I would do this - the worst case scenario is you end up at another great school. You only get one shot at an MBA - do right by yourself.
_________________
Director
Affiliations: Columbia, Wharton, LBS
Joined: 02 Nov 2009
Posts: 592
Schools: Harvard, Stanford, LBS, Columbia, Wharton, HEC Paris
Followers: 23

Kudos [?]: 117 [0], given: 1

Agree with putting the deposit at one of the other schools. Be realistic that getting off the HBS WL varies from year to year and there are no guarantees.

Also, realize that you are dealing with HBS -- and HBS does not care much about any other schools and what they are doing. They also know that if you get into HBS, you will most probably attend. So, they do not cave into any pressure. Thus, keep your correspondence with them focused on your desire to attend the school and do update them on any changes to your application status.

Good luck

Kimberly Plaga
Manhattan Review
_________________

Manhattan Review GMAT Prep & MBA Admissions Consulting
Web: http://www.manhattanreview.com | Phone: +1.212.316.2000

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