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Calling Berkeley-Haas Fall 2008 Applicants!

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Manager
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Re: Calling Berkeley-Haas Fall 2008 Applicants! [#permalink] New post 21 Feb 2008, 15:25
kryzak wrote:
congrats Livehard and SkiC!!!


I appreciate it! I know I didn't make the best first impression here, but you guys have definitely won me over. Glad I can be part of the community.
GMAT Club Legend
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Status: Um... what do you want to know?
Joined: 03 Jun 2007
Posts: 5464
Location: SF, CA, USA
Schools: UC Berkeley Haas School of Business MBA 2010
WE 1: Social Gaming
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Kudos [?]: 338 [0], given: 14

Re: Calling Berkeley-Haas Fall 2008 Applicants! [#permalink] New post 21 Feb 2008, 15:27
glad we won you over, livehard. We are a very supportive bunch who will do everything to help other GMATClubbers get into the schools of their dreams. :)
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Re: Calling Berkeley-Haas Fall 2008 Applicants! [#permalink] New post 21 Feb 2008, 22:03
Great forum!!! I just found this site. I'm also a R2 applicant for Haas. Still waiting for an interview though.
GMAT Club Legend
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Joined: 03 Jun 2007
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Location: SF, CA, USA
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WE 1: Social Gaming
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Kudos [?]: 338 [0], given: 14

Re: Calling Berkeley-Haas Fall 2008 Applicants! [#permalink] New post 21 Feb 2008, 22:15
R2
livehard - R2 - Invited to Interview (SS)
SkiC - R2 - Invited to Interview (SS)
uphillclimb - R2 - submitted
skaballet - R2 - Submitted
sperinko - R2 - submitted
sangoman - R2 - submitted
sensation - R2 - submitted????
Evl - R2 - Application Under Review
cooldar - R2 - Under Review
ChristianW - R2 - Submitted
ncprasad - R2 PT
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Re: Calling Berkeley-Haas Fall 2008 Applicants! [#permalink] New post 22 Feb 2008, 10:51
Looking at admissions411.com I have noticed that of the 61 people that applied for R1, approximately 27/61 got interview invites. Yet, so far for R2 only 7/41 people have said they recieved an interview. I wonder if this just means that the Haas admissions office is still struggling to catch up after being swamped with R1 applicants. I'm hoping this is the case and we'll be recieving calls or emails any day now.
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Re: Calling Berkeley-Haas Fall 2008 Applicants! [#permalink] New post 22 Feb 2008, 20:48
invited to interview.........yay yay yay

an just a day after my W ding too.

So the updated list reads as:

livehard - R2 - Invited to Interview (SS)
SkiC - R2 - Invited to Interview (SS)
sangoman - R2 - Invited to Interview - in India (March)
uphillclimb - R2 - submitted
skaballet - R2 - Submitted
sperinko - R2 - submitted
sensation - R2 - submitted????
Evl - R2 - Application Under Review
cooldar - R2 - Under Review
ChristianW - R2 - Submitted
ncprasad - R2 PT

Last edited by sangoman on 22 Feb 2008, 22:01, edited 1 time in total.
GMAT Club Legend
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Joined: 03 Jun 2007
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Location: SF, CA, USA
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Re: Calling Berkeley-Haas Fall 2008 Applicants! [#permalink] New post 22 Feb 2008, 21:10
CONGRATS sangoman!!!
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Re: Calling Berkeley-Haas Fall 2008 Applicants! [#permalink] New post 23 Feb 2008, 15:33
That's great to hear. Good luck!

livehard wrote:
kryzak wrote:
congrats Livehard and SkiC!!!


I appreciate it! I know I didn't make the best first impression here, but you guys have definitely won me over. Glad I can be part of the community.
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Re: Calling Berkeley-Haas Fall 2008 Applicants! [#permalink] New post 25 Feb 2008, 10:11
Congrats man. I'm hoping that I get that email/call any day now.... <fingers crossed>
GMAT Club Legend
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Re: Calling Berkeley-Haas Fall 2008 Applicants! [#permalink] New post 26 Feb 2008, 09:23
Thanks branson for the info. Strange... why is the resident fees $3K MORE than the non-resident fees (before adding in non-resident tuition)?

$30K was what I estimated...

As for the loans, branson, have you called up their financial aid office and ask about why Ross and Tuck can offer better loan rates?

Also, in the end, that loan rate over 2 years won't matter much. It's just like people picking between a public school and a non public school (if you were a US Citizen and CA resident). The cost shouldn't be a huge factor because it all evens out after 5-10 years. Your fit with the school and what the school can do for you is more important, in my opinion.
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Re: Calling Berkeley-Haas Fall 2008 Applicants! [#permalink] New post 27 Feb 2008, 01:42
Kry, if I take out $80k in loans over 10 years I will pay back $140k at 12.5% interest...

I say that does make a difference, especially compared to the $60k at Tuck at ~8.5%
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Re: Calling Berkeley-Haas Fall 2008 Applicants! [#permalink] New post 27 Feb 2008, 13:07
I'm a bit confused at how you're comparing the two numbers, branson. Do you mean that if you took out 80K for Haas, you'll pay $260K after 10 years with 12.5% interest, and if you took out $60K at Tuck, you'll pay $135K after 10 years with 8.5% interest?

I guess that is a big difference. not sure what to say. So you've talked with the financial aid offices and they told you there's nothing they can do about the interest rates nor the scholarship?
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Re: Calling Berkeley-Haas Fall 2008 Applicants! [#permalink] New post 27 Feb 2008, 23:37
Hi All,

I am from India, and got my interview invite for interview scheduled in Bangalore in March. Am very excited!! Anyone else in the same boat?

Thanks
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Re: Calling Berkeley-Haas Fall 2008 Applicants! [#permalink] New post 28 Feb 2008, 02:00
hey kry:

no, if I take out 80k at Cal at ~13% my total loan pay back will be 140k (over 10 years), so interest paid is something like 60k. I personally think thats A LOT.

Taking out 60k at Tuck I'd pay back something like 90k over ten years, so interest paid is around 30k. at 8.5% a lot more manageable and I would sleep better while in school. ;)

to be honest, I havent called yet, but intend to do so, you're absolutely right. I am just wondering how they think someone finds a co-signer being an international? Although I have American friends, I wouldnt dare asking them to co sign a 80k loan...
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Re: Calling Berkeley-Haas Fall 2008 Applicants! [#permalink] New post 28 Feb 2008, 08:33
Hrm... shows that I'm not a financial person... I get 80K x (1.13)^10 (13% interest, compounded yearly for 10 years, right?) is roughly $271K

did I do something wrong?

But yeah, you have nothing to lose at this point asking them if there's any way they can help you match Tuck, since the difference is quite dramatic.
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Re: Calling Berkeley-Haas Fall 2008 Applicants! [#permalink] New post 28 Feb 2008, 11:56
haha, well maybe, but I would start paying BACK the loan over 120 installments, so the debt decreases per year... :)

looking forward to going to finance class with you, kry. ;)
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Re: Calling Berkeley-Haas Fall 2008 Applicants! [#permalink] New post 28 Feb 2008, 12:13
13% - that's outright usury! Are these loans taken out in your home country, branson? In Euros?

branson wrote:
hey kry:

no, if I take out 80k at Cal at ~13% my total loan pay back will be 140k (over 10 years), so interest paid is something like 60k. I personally think thats A LOT.

Taking out 60k at Tuck I'd pay back something like 90k over ten years, so interest paid is around 30k. at 8.5% a lot more manageable and I would sleep better while in school. ;)

to be honest, I havent called yet, but intend to do so, you're absolutely right. I am just wondering how they think someone finds a co-signer being an international? Although I have American friends, I wouldnt dare asking them to co sign a 80k loan...
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Re: Calling Berkeley-Haas Fall 2008 Applicants! [#permalink] New post 28 Feb 2008, 12:19
Nope, those are US rates listed here at the Haas site:

http://www.haas.berkeley.edu/mba/finaid ... alprvt.htm

Other US schools have waaay better rates for international students. Dont ask why. Apparently Haas knows this, too, as they mention that on the site.
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Re: Calling Berkeley-Haas Fall 2008 Applicants! [#permalink] New post 28 Feb 2008, 17:12
ahh... forgot that you're paying off during the time... that's too complicated for my primitive brain.. hee hee :P

So Haas publicly tells others that their rates are higher than other schools? Not too smart in my opinion...
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GMAT Club Legend
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Status: Um... what do you want to know?
Joined: 03 Jun 2007
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Location: SF, CA, USA
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WE 1: Social Gaming
Followers: 65

Kudos [?]: 338 [0], given: 14

Re: Calling Berkeley-Haas Fall 2008 Applicants! [#permalink] New post 28 Feb 2008, 17:20
Just came back from the local Haas Alumni Event. It's the 9th year they've been doing it and there were over 500 people there, including alums, FT students, and PT students. There were 5 of us admits there checking it out. Met a bunch of students who were super gung ho about the school and a couple entrepreneurs and VCs who were talking about career paths. All in all a great event. The food was delicious too... never had smoked salmon pizza before. :P
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Re: Calling Berkeley-Haas Fall 2008 Applicants!   [#permalink] 28 Feb 2008, 17:20
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