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Calling All 2011 Booth Applicants!!

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Re: Calling All 2011 Booth Applicants!! [#permalink] New post 10 Sep 2010, 09:55
a 520 is a bit too low. I'll be honest with you (and I'm going to assume that the other part of your application is an average-joe type of deal and I'll assume that Obama is not writing you a letter of rec), I think you would not be considered with a 520 at all.
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Re: Calling All 2011 Booth Applicants!! [#permalink] New post 10 Sep 2010, 10:52
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kunoflo wrote:
Hi guys, I need your honest opinion... Do you need that with a 520 in the Gmat it would be a waste applying to Both? (even if I have a good application).

Please be blunt, everyone says "Just try" but you guys know how painful it is to go through the application process and then get rejected. Help is appreciated... Thanks!



If you got a 3.9 gpa in college, then I assume that you're not totally dumb and you're at least a decent test taker. I would retake the GMAT to try to get at least a 650. You're only as strong as the weakest link, so if you can do anything to increase your score, that'll definitely better your chances.

If you don't do that, I think your chances are slim to none.
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Re: Calling All 2011 Booth Applicants!! [#permalink] New post 11 Sep 2010, 00:17
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There's actually a question about this on the Booth forums. They basically said that your report has to be in before you do your interview. I'm in the same boat because I need to fly into the US to take the GMAT and I can't do it until Oct 7th.

That said, add me in for R1.



bakfed wrote:
Michmax3 wrote:
I sent an email to admissions asking if I was ok to apply in R1 and self report my score even though I am not re-taking the GMAT until Oct. 2 and GMAC says allow 20 days for the report to reach the school. They wrote back saying go ahead and apply for R1. However I just started filling out the online application and there is a note by the GMAT field that says the official report must arrive prior to the round deadline or your application could be delayed.

So what do I do? I don't want to work on the application in time for R1 only to have it be pushed to R2 anyways, I'd rather spend that time working on the other school I was planning to submit in R1. Or will most likely my official report arrive before the 13th anyway?


I don't think anyone's in place to say that your score report will be sent to Booth before the 13th. From my past two experiences, the scores were sent to my designated schools within a week of taking the test. If you'd like to be reassured, I'd send another email to the admission staff at Booth and tell them about your situation and what the online application says. In addition, I would ask if there's any possibility that my application will be push to Round 2 because of the GMAT. Then I'd take whatever the staff says and do it accordingly.
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Re: Calling All 2011 Booth Applicants!! [#permalink] New post 11 Sep 2010, 04:30
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adalfu wrote:
kunoflo wrote:
Hi guys, I need your honest opinion... Do you need that with a 520 in the Gmat it would be a waste applying to Both? (even if I have a good application).

Please be blunt, everyone says "Just try" but you guys know how painful it is to go through the application process and then get rejected. Help is appreciated... Thanks!



If you got a 3.9 gpa in college, then I assume that you're not totally dumb and you're at least a decent test taker. I would retake the GMAT to try to get at least a 650. You're only as strong as the weakest link, so if you can do anything to increase your score, that'll definitely better your chances.

If you don't do that, I think your chances are slim to none.


Thank you for your honesty guys! I am an Italian F, entrepreneur, and a bad test taker but I got a good GRE score. I am happy that one of my favorite schools accepts it :). I have also taken a Calculus (scored an A) and a Microeconomics class to strengthen my case.

I will follow your advice and not apply to Booth.

I wish you the BEST of luck and hope you both get in.:)
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Re: Calling All 2011 Booth Applicants!! [#permalink] New post 13 Sep 2010, 01:54
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I was quite pleased when a few weeks ago, both Chicago Booth and Kellogg contacted me via GMASS and asked me to look at their schools and upcoming events in my city. There's one for Booth very soon so I'll be sure to attend - and I'm quite sure I want to apply R1. Will update you guys when I finally throw my hat in. A priori, love everything about the school.
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Re: Calling All 2011 Booth Applicants!! [#permalink] New post 13 Sep 2010, 08:57
osbornecox wrote:
I was quite pleased when a few weeks ago, both Chicago Booth and Kellogg contacted me via GMASS and asked me to look at their schools and upcoming events in my city. There's one for Booth very soon so I'll be sure to attend - and I'm quite sure I want to apply R1. Will update you guys when I finally throw my hat in. A priori, love everything about the school.


since this topic was brought up, I have a question about GMASS contacting a person. I was also contacted by Booth to check out its school. Does that mean I may be over the initial threshold (number-wise) or does GMASS just simply mass-email everyone to look at schools?
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Re: Calling All 2011 Booth Applicants!! [#permalink] New post 13 Sep 2010, 09:06
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bakfed wrote:
osbornecox wrote:
I was quite pleased when a few weeks ago, both Chicago Booth and Kellogg contacted me via GMASS and asked me to look at their schools and upcoming events in my city. There's one for Booth very soon so I'll be sure to attend - and I'm quite sure I want to apply R1. Will update you guys when I finally throw my hat in. A priori, love everything about the school.


since this topic was brought up, I have a question about GMASS contacting a person. I was also contacted by Booth to check out its school. Does that mean I may be over the initial threshold (number-wise) or does GMASS just simply mass-email everyone to look at schools?


I think there is a small degree of selection involved. I imagine that they wouldn't contact you, based on your GMAT information, if your GMAT was clearly subpar (I would like to think they aren't this cynical).

You probably had a few identifiers that, on paper, look like you should be in the running. You're biology background, California, 700, pharma work experience, right? Booth might find that interesting. Besides, you're in the 80/80 (or pretty close), right? I would check it out.
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Re: Calling All 2011 Booth Applicants!! [#permalink] New post 14 Sep 2010, 06:21
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I'm in for R1 as well
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Re: Calling All 2011 Booth Applicants!! [#permalink] New post 14 Sep 2010, 06:35
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gkumar wrote:
BruceLee wrote:
I am a reapplicant at Booth. Since I have to redo the PPT, it is fairly hard for me to come up with new themes and concepts to use in my new presentation. Should I use the same ideas and try to convey them differently? Is a certain degree of repetition acceptable?


Good q. I too am unsure on how to deal with the PPT as a reapplicant. Also the four pages are no longer just PPT, but doc, pdf, etc. I would appreciate any feedback on this as well.




I find it a bit tough to come up with 4 completely new slides...So personally i'm reusing 2 slides from last time (dinged with int) but am re-tooling the content..

E.g.: Lets assume that my new career goal is to be a consultant and i created a slide last time about mud wrestling...
This time i will re-use the same slide but talk about how mud wrestling has helped me discover a whole new aspect to due diligence etc..Basically the slide should reinforce your updated career goals (or whatever is diff. about yourself this time)...
The way i look at it, Essay 3 should resonate with the picture of yourself you are trying to present to the AdCom...Being creative for the sake of it is as bad as no creativity..


Just my 2 cents,rubles whatever....
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Re: Calling All 2011 Booth Applicants!! [#permalink] New post 14 Sep 2010, 07:41
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is booth tougher to get in than Stern? i am trying to make a decision... anyone can help?
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Re: Calling All 2011 Booth Applicants!! [#permalink] New post 14 Sep 2010, 08:43
Booth has a higher acceptance rate than Stern, but slightly better stats and a much better ranking. This tells me that although more people apply to Stern, they may be weaker in general than those who apply to Booth.
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Re: Calling All 2011 Booth Applicants!! [#permalink] New post 14 Sep 2010, 19:35
osbornecox wrote:
bakfed wrote:
osbornecox wrote:
I was quite pleased when a few weeks ago, both Chicago Booth and Kellogg contacted me via GMASS and asked me to look at their schools and upcoming events in my city. There's one for Booth very soon so I'll be sure to attend - and I'm quite sure I want to apply R1. Will update you guys when I finally throw my hat in. A priori, love everything about the school.


since this topic was brought up, I have a question about GMASS contacting a person. I was also contacted by Booth to check out its school. Does that mean I may be over the initial threshold (number-wise) or does GMASS just simply mass-email everyone to look at schools?


I think there is a small degree of selection involved. I imagine that they wouldn't contact you, based on your GMAT information, if your GMAT was clearly subpar (I would like to think they aren't this cynical).

You probably had a few identifiers that, on paper, look like you should be in the running. You're biology background, California, 700, pharma work experience, right? Booth might find that interesting. Besides, you're in the 80/80 (or pretty close), right? I would check it out.


I'd like to think so, too, that I'm in the running. Was just curious and wanted to see if anyone knows about it. I'll be tossing my name in the hat for sure.
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Re: Calling All 2011 Booth Applicants!! [#permalink] New post 15 Sep 2010, 17:33
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Does anyone know if recommenders are asked specific question in the Booth application? The website does mention specific questions but just gives generic guidelines on what the recommendation letter should cover. Any ideas?
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Re: Calling All 2011 Booth Applicants!! [#permalink] New post 15 Sep 2010, 19:34
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hetalcs wrote:
Does anyone know if recommenders are asked specific question in the Booth application? The website does mention specific questions but just gives generic guidelines on what the recommendation letter should cover. Any ideas?

It's a traditional letter of recommendation, but they ask that the recommender discuss specific topics.
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Re: Calling All 2011 Booth Applicants!! [#permalink] New post 16 Sep 2010, 04:47
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Hi guys

I am looking at potentially applying to a few schools in either R2 or R3 this year. Booth is going to be one of my top preferences given its strength in finance.

However, given the monetary nature of decision, I have been trying to dig up what is the median, mean and maximum compensation packages that graduates from booth have been getting over the past 2 or 3 years. I am unable to find this information on the website, does anyone know where to find this ? Or can current or former students help ? In particular I am looking at the consulting firms and at the financial firms (banks & HFs)
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Re: Calling All 2011 Booth Applicants!! [#permalink] New post 16 Sep 2010, 05:05
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Here you go:

http://www.chicagobooth.edu/employmentreport/index.aspx


shrouded1 wrote:
Hi guys

I am looking at potentially applying to a few schools in either R2 or R3 this year. Booth is going to be one of my top preferences given its strength in finance.

However, given the monetary nature of decision, I have been trying to dig up what is the median, mean and maximum compensation packages that graduates from booth have been getting over the past 2 or 3 years. I am unable to find this information on the website, does anyone know where to find this ? Or can current or former students help ? In particular I am looking at the consulting firms and at the financial firms (banks & HFs)
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Re: Calling All 2011 Booth Applicants!! [#permalink] New post 16 Sep 2010, 05:16
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shrouded1 wrote:
Hi guys

I am looking at potentially applying to a few schools in either R2 or R3 this year. Booth is going to be one of my top preferences given its strength in finance.

However, given the monetary nature of decision, I have been trying to dig up what is the median, mean and maximum compensation packages that graduates from booth have been getting over the past 2 or 3 years. I am unable to find this information on the website, does anyone know where to find this ? Or can current or former students help ? In particular I am looking at the consulting firms and at the financial firms (banks & HFs)


Hi shrouded1, I'm not sure where the confusion comes from. The median and the means aren't very far off from each other - $5,000, say, and that's not exactly going to be earth-shattering. Bulge brackets have pretty standard compensation programs and they usually pay $100,000 in starting salaries for Associates, with around $20,000 for sign-on bonuses and a year-end stub. A JP Morgan banking associate from Chicago Booth is going to get the exact same package as a new associate from Wharton, Columbia, Yale or Berkeley; there will simply be more offers to Booth students than Berkeley (geography, student body's orientation, alumni network strength, etc). Consulting is a similar sort of deal - the starting salary tends to $120,000 and it doesn't matter where you came from. With the buyside, they tend to take their cues from investment banks, so unless you're working for Mubadala, it's not going to be too far off, save for an outlier or two that will pay you $300,000 or $400,000.
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Re: Calling All 2011 Booth Applicants!! [#permalink] New post 16 Sep 2010, 07:03
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Thanks for the replies !

I guess the real reason why I ask this question is that I am already working in the field, and if I were not to go for an MBA, by the time the fall 2011 batch graduates, in 2013, I would already have made VP.

So the real question in my mind is if going to one school rather than another helps me to negotiate a bigger package & better title for myself after graduation. I am already more senior in hierarchy and pay structure than a 1st year associate. So really am trying to figure out (if it is possible at all to figure out) what the higher end of the pay bracket is and where that lands me up in 2 years time.

Putting 150k into a degree is a very tough decision to make :(

If the 300k or 400k outlier exists, it might well be worth the shot :lol: ...
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Re: Calling All 2011 Booth Applicants!! [#permalink] New post 16 Sep 2010, 07:09
shrouded1 wrote:
Thanks for the replies !

I guess the real reason why I ask this question is that I am already working in the field, and if I were not to go for an MBA, by the time the fall 2011 batch graduates, in 2013, I would already have made VP.

So the real question in my mind is if going to one school rather than another helps me to negotiate a bigger package & better title for myself after graduation. I am already more senior in hierarchy and pay structure than a 1st year associate. So really am trying to figure out (if it is possible at all to figure out) what the higher end of the pay bracket is and where that lands me up in 2 years time.

Putting 150k into a degree is a very tough decision to make :(

If the 300k or 400k outlier exists, it might well be worth the shot :lol: ...


Buyside.
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Re: Calling All 2011 Booth Applicants!! [#permalink] New post 16 Sep 2010, 07:16
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unf with the Volcker rule being implemented .... most if not all prop desks have been rooted out
if banks dont take big risks, there wont be big returns. If no big returns, then in my opinion the sell side careers will soon cease to be lucrative

now the question really is if the sell-side/buy-side switch is easier to make direct or via a B-school which opens up the market and facilitates you meeting not just one or two but a load of potential future employers
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Re: Calling All 2011 Booth Applicants!!   [#permalink] 16 Sep 2010, 07:16
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