MALD2011 wrote:
This could be because some people might withdraw their application (someone who got accepted to Stanford GSB or HBS). So they might have more spots open later on.
So hang in there my friend.
I see this argument a lot.... but I doubt it....
I will present why in 3 steps:
1. Anyone (Let us say Joey) who applied to Stanford and got in, will tend to wait till the last minute before sending their rejection of MIT
2. The reason is: MIT could offer scholarship that Stanford didnt.
3. MIT is one of those schools which draws a very niche audience: people very comfortable with who they are, not concerned much about brand name, but concerned with what activities they can do at the school, and what they can learn. Therefore Joey has nothing to lose in waiting till the ultimate result comes out with scholarships offered. This could in turn give Joey a bargaining power with Stanford.
If I'm not mistaken HBS/Stanford are the only schools that do not offer any merit scholarships. Does Sloan offer generous scholarships, or is it mostly need-based?