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Calling Stern/NYU Applicants

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Joined: 11 Dec 2006
Posts: 1430
Location: New York, NY
Schools: NYU Stern 2009
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Re: Calling Stern/NYU Applicants [#permalink] New post 06 Feb 2008, 14:52
BSD - Drop me a message when you pick your dates, and do the lunch program. I know folk who do that.

I don't know for a fact why they do the wait-list thing, but I have a feel for how it works. You lose either way - either you start hearing people who applied later getting invited to interview while you are "under review", or you get told straight away you are waiting. It is tricky and different schools operate different ways. I think they like to be on the level with people as soon as possible - you have lives to live, offers and other applications to think about, and some news is better than no news.

At Stern you will interview before you can get an admit. The interview percentage is reasonably low. They mentioned today that they have a very big upswing in applications this year, so I know they are trying to manage a pipeline. They don't like to make decisions purely on Stats (I know that for fact), so each application goes under review pretty fully (I expect).
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Joined: 27 Jul 2007
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Re: Calling Stern/NYU Applicants [#permalink] New post 06 Feb 2008, 15:02
3underscore wrote:

I don't know for a fact why they do the wait-list thing, but I have a feel for how it works. You lose either way - either you start hearing people who applied later getting invited to interview while you are "under review", or you get told straight away you are waiting. It is tricky and different schools operate different ways. I think they like to be on the level with people as soon as possible - you have lives to live, offers and other applications to think about, and some news is better than no news.

At Stern you will interview before you can get an admit. The interview percentage is reasonably low. They mentioned today that they have a very big upswing in applications this year, so I know they are trying to manage a pipeline. They don't like to make decisions purely on Stats (I know that for fact), so each application goes under review pretty fully (I expect).


Thanks for this feedback. Given the increase in app volume, do expect waitlist conversion to be near impossible (i.e, extremely unlikely this year)? I'm trying to review my options in terms of flying out there to visit, etc.

Thanks-
RG
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Re: Calling Stern/NYU Applicants [#permalink] New post 06 Feb 2008, 15:09
BSD,
Congrats on the interview invite! That is great news, and hopefully you can arrange for it when you are in The States. That will be a hectic, yet fun, week or so! When I visited Stern, Isser Gallogly said that they encourage applicants to interview on campus if they are invited to do so and if they have the means to do so; they take this very seriously. Of course he qualified it by saying international applicants are an exception, so I would think that when an int'l applicant does interview on campus they look very favorably upon it.
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Re: Calling Stern/NYU Applicants [#permalink] New post 06 Feb 2008, 15:12
Thats exactly my line of thinking too. Suddenly the trip cost doesnt look half as bad. The benefits I will get out of it, both in terms of "goodwill" generated there and experiencing my main choice schools first hand will be immense and totally worth the effort.

djhouse81 wrote:
BSD,
Congrats on the interview invite! That is great news, and hopefully you can arrange for it when you are in The States. That will be a hectic, yet fun, week or so! When I visited Stern, Isser Gallogly said that they encourage applicants to interview on campus if they are invited to do so and if they have the means to do so; they take this very seriously. Of course he qualified it by saying international applicants are an exception, so I would think that when an int'l applicant does interview on campus they look very favorably upon it.
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Re: Calling Stern/NYU Applicants [#permalink] New post 06 Feb 2008, 15:16
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I say hold on to that plane ticket stub, you might want to frame it.
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Re: Calling Stern/NYU Applicants [#permalink] New post 06 Feb 2008, 15:17
3underscore, will definitely catch up with you when I am there. My date is decided. I'll be there on 5th of March (although I haven't scheduled it "officially" yet, and will do so later tonight).

To others, keep your heads up. Generally waitlisting so many could only mean that NYU are concerned about yield, hoping that in a month or so, only the really serious applicants will be still interested.

3underscore wrote:
BSD - Drop me a message when you pick your dates, and do the lunch program. I know folk who do that.

I don't know for a fact why they do the wait-list thing, but I have a feel for how it works. You lose either way - either you start hearing people who applied later getting invited to interview while you are "under review", or you get told straight away you are waiting. It is tricky and different schools operate different ways. I think they like to be on the level with people as soon as possible - you have lives to live, offers and other applications to think about, and some news is better than no news.

At Stern you will interview before you can get an admit. The interview percentage is reasonably low. They mentioned today that they have a very big upswing in applications this year, so I know they are trying to manage a pipeline. They don't like to make decisions purely on Stats (I know that for fact), so each application goes under review pretty fully (I expect).
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Re: Calling Stern/NYU Applicants [#permalink] New post 06 Feb 2008, 15:18
Hahahah .. I'll change my avatar to a scanned version of that plane ticket when I return :)

djhouse81 wrote:
I say hold on to that plane ticket stub, you might want to frame it.
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Joined: 27 Jul 2007
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Re: Calling Stern/NYU Applicants [#permalink] New post 06 Feb 2008, 15:37
bsd_lover wrote:

To others, keep your heads up. Generally waitlisting so many could only mean that NYU are concerned about yield, hoping that in a month or so, only the really serious applicants will be still interested.



Maybe I'm still very green on this subject, but how would a waitlist impact yield?
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Re: Calling Stern/NYU Applicants [#permalink] New post 06 Feb 2008, 15:44
Well imagine if Stern was your 2nd or 3rd choice school and your profile was very strong. Stern would be interested, but on the other hand they would not be sure that you'd accept if they admitted you (which in turn would lower their yield). So what would they do ? they'd put you on waitlist. This way they can still keep you interested in case your 1st and 2nd choice schools didnt work out in a months time. However, if your 1st or 2nd choice worked out then you would just accept that and withdraw your Stern application, thus, Stern's would not have to face a rejection from a candidate and their yield would remain strong. I guess the moral of the story is: "no one likes being rejected.", especially b-schools.

ryguy904 wrote:
Maybe I'm still very green on this subject, but how would a waitlist impact yield?
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Re: Calling Stern/NYU Applicants [#permalink] New post 06 Feb 2008, 16:00
bsd_lover wrote:
3underscore, will definitely catch up with you when I am there. My date is decided. I'll be there on 5th of March (although I haven't scheduled it "officially" yet, and will do so later tonight).

To others, keep your heads up. Generally waitlisting so many could only mean that NYU are concerned about yield, hoping that in a month or so, only the really serious applicants will be still interested.

3underscore wrote:
BSD - Drop me a message when you pick your dates, and do the lunch program. I know folk who do that.

I don't know for a fact why they do the wait-list thing, but I have a feel for how it works. You lose either way - either you start hearing people who applied later getting invited to interview while you are "under review", or you get told straight away you are waiting. It is tricky and different schools operate different ways. I think they like to be on the level with people as soon as possible - you have lives to live, offers and other applications to think about, and some news is better than no news.

At Stern you will interview before you can get an admit. The interview percentage is reasonably low. They mentioned today that they have a very big upswing in applications this year, so I know they are trying to manage a pipeline. They don't like to make decisions purely on Stats (I know that for fact), so each application goes under review pretty fully (I expect).


Congrats for the interview!

BTW I will be in NYC from 1st to the 5th of march, maybe we could grab a beer somewhere...
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Re: Calling Stern/NYU Applicants [#permalink] New post 06 Feb 2008, 16:06
You're on !!! .. I am there on the 5th definitely, I'll see you then.
kwam wrote:

Congrats for the interview!

BTW I will be in NYC from 1st to the 5th of march, maybe we could grab a beer somewhere...
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Re: Calling Stern/NYU Applicants [#permalink] New post 06 Feb 2008, 16:12
congrats bsd!!!!
you're doing really well this app season =)

i hope i get an interview invite also :wink:
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Re: Calling Stern/NYU Applicants [#permalink] New post 06 Feb 2008, 16:14
Thanks nupur, Yours cant be too far :) Good luck.

nupurgupt wrote:
congrats bsd!!!!
you're doing really well this app season =)

i hope i get an interview invite also :wink:
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Re: Calling Stern/NYU Applicants [#permalink] New post 06 Feb 2008, 16:35
bsd_lover wrote:
Well imagine if Stern was your 2nd or 3rd choice school and your profile was very strong. Stern would be interested, but on the other hand they would not be sure that you'd accept if they admitted you (which in turn would lower their yield). So what would they do ? they'd put you on waitlist. This way they can still keep you interested in case your 1st and 2nd choice schools didnt work out in a months time. However, if your 1st or 2nd choice worked out then you would just accept that and withdraw your Stern application, thus, Stern's would not have to face a rejection from a candidate and their yield would remain strong. I guess the moral of the story is: "no one likes being rejected.", especially b-schools.

ryguy904 wrote:
Maybe I'm still very green on this subject, but how would a waitlist impact yield?



Gotcha, thank you!
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Re: Calling Stern/NYU Applicants [#permalink] New post 06 Feb 2008, 19:04
Congrats bsd ... gsb, stern ..you are on a roll ! G luck with all the interviews ..
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Re: Calling Stern/NYU Applicants [#permalink] New post 06 Feb 2008, 19:33
bsd, would you mind sharing your profile?
i know it's virtually impossible to determine why schools respond so quickly to certain applicants and not to others, but i'd really like to figure it out.
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Re: Calling Stern/NYU Applicants [#permalink] New post 06 Feb 2008, 19:46
check pm
prospective mba wrote:
bsd, would you mind sharing your profile?
i know it's virtually impossible to determine why schools respond so quickly to certain applicants and not to others, but i'd really like to figure it out.

Last edited by bsd_lover on 06 Feb 2008, 19:58, edited 1 time in total.
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Re: Calling Stern/NYU Applicants [#permalink] New post 06 Feb 2008, 20:00
bsd_lover wrote:
check pm
prospective mba wrote:
bsd, would you mind sharing your profile?
i know it's virtually impossible to determine why schools respond so quickly to certain applicants and not to others, but i'd really like to figure it out.


i'm sorry, you mean private message?
i didn't receive any.
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Re: Calling Stern/NYU Applicants [#permalink] New post 06 Feb 2008, 20:01
oops sorry bsd. i just did.
sorry for the confusion
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Re: Calling Stern/NYU Applicants [#permalink] New post 06 Feb 2008, 21:42
ryguy904 wrote:
Thanks for this feedback. Given the increase in app volume, do expect waitlist conversion to be near impossible (i.e, extremely unlikely this year)? I'm trying to review my options in terms of flying out there to visit, etc.

Thanks-
RG


I must start by saying I am by far the best person to answer this - it is an extremely tricky question.

From what I have gathered, I do expect there to be conversion from the waitlist - it is tricky for me to speak in terms, but they definitely expect that uninterviewed waitlists will, in some cases, move to interviews. Numbers are impossible for me to say, as I have no idea, but it is spoken in a way that it will happen to some extent, rather than might. The waitlist pre-interview especially (if you get wait-listed post interview, I have no idea). I might get an idea whether a visit would benefit you - I would honestly think talking with them before you planned the visit would be a far better way to express your interest, and potentially save money. I was an international student, and I never visited Stern de-facto until the day I interviewed. I think the belief that visiting and knowing counts less than understanding and fitting with Stern - utter intangible nonsense I know.
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Re: Calling Stern/NYU Applicants   [#permalink] 06 Feb 2008, 21:42
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