{"id":40941,"date":"2018-03-01T04:28:30","date_gmt":"2018-03-01T11:28:30","guid":{"rendered":"https:\/\/gmatclub.com\/blog\/2018\/03\/choosing-between-mba-admissions-offers\/"},"modified":"2018-03-01T04:28:30","modified_gmt":"2018-03-01T11:28:30","slug":"choosing-between-mba-admissions-offers","status":"publish","type":"post","link":"https:\/\/gmatclub.com\/blog\/choosing-between-mba-admissions-offers\/","title":{"rendered":"Choosing Between MBA Admissions Offers"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone  wp-image-4013\" src=\"https:\/\/fortunaadmissions.com\/wp-content\/uploads\/2018\/03\/decision.jpg\" alt=\"\" width=\"860\" height=\"556\" \/><\/p>\n<h2>Are you in the rare and enviable position of receiving offers from two of your dream schools? Maybe you\u2019ve been offered a sizable scholarship, but not from your top choice program. Deciding whether to accept an offer from a safety school or apply again in the next cycle is another flavor of nerve-wracking.<\/h2>\n<p>Given that the MBA is designed to advance your highest professional ambitions while changing your life in the process, none of these scenarios should be taken lightly. As admissions coaches and former business school admissions professionals, my <a href=\"https:\/\/fortunaadmissions.com\/\">Fortuna Admissions<\/a> colleagues and I are practiced at supporting candidates facing an array of game-changing decisions. I asked my colleagues for their advice on three of common scenarios we see in the wake of Round 2 decisions.<\/p>\n<h3><strong>Deciding between admissions offers: three common MBA decision scenarios<\/strong><\/h3>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>Scenario 1: Choosing between competing offers from two of your dream schools.<\/strong><\/p>\n<p>\u201cThis is the best kind of problem to have, of course, although the choice can feel agonizing,\u201d says Fortuna\u2019s <a href=\"https:\/\/fortunaadmissions.com\/team-member\/malvina-miller-complainville\/\">Malvina Miller Complainville<\/a>, former Harvard Business School Assistant Director of Career Services.<\/p>\n<p>If you\u2019re considering offers from two (or more) dream programs, Malvina advises to sideline the rankings and get personal about the details.<br \/>\n&nbsp;<\/p>\n<p><strong>Here are Malvina\u2019s five key considerations:<\/strong><\/p>\n<ul>\n<li><strong>Assess your fit with each program in terms of its community and culture<\/strong>: Visit campus and sit in on a class to get a sense of the student community, faculty teaching style and classroom dynamics. It\u2019s the best way to really understand the identity and cultural nuances of each school. Most importantly, speak to students, professors and alumni about their experience. GSB and HBS may vie for first in the rankings, but their personalities and cultures are distinctly different.<\/li>\n<li><strong>Consider the financial implications<\/strong>: Is one school offering more scholarship or financial aid opportunities to lessen the economic burden?<\/li>\n<li><strong>Weigh brand recognition<\/strong>: How might a program\u2019s reputation and strengths, as well as the experiences and networks it provides, position you to realize your career ambitions? For international careers, be sure to assess the strength of the school\u2019s brand abroad.<\/li>\n<li><strong>Learn more about each school\u2019s career offerings<\/strong>: Get a nuanced perspective on each school\u2019s career services and speak to career clubs about opportunities and events. Which companies are recruiting on campus? Research employment statistics from the latest career report and discern the opportunities likely to be on offer for you post-graduation.<\/li>\n<li><strong>Evaluate the alumni network<\/strong>: How well-developed and active is the alumni community? Know that this is particularly important if you\u2019re pursuing a network job search abroad.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p><strong>Scenario 2: Do you take a scholarship offer that\u2019s not from your first choice program?<\/strong><\/p>\n<p>\u201cAn MBA is a huge investment, so receiving a scholarship, even when it\u2019s not from your top-choice school, is obviously something to take seriously,\u201d says Fortuna\u2019s <a href=\"https:\/\/fortunaadmissions.com\/team-member\/catherine-tuttle\/\">Catherine Tuttle<\/a>, former Duke Fuqua Associate Program Director.<\/p>\n<p>When this happens, Catherine recommends that you inform your top-choice school that you have money on the table elsewhere. While it won\u2019t guarantee a counter-offer, you never know unless you ask.<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>Catherine\u2019s advice on optimizing your chances:<\/strong><\/p>\n<ul>\n<li><strong>Create a strategy<\/strong> for reaching out, and practice your approach to clearly conveying why you want to be at your first-choice school. Make it known you\u2019re open to a conversation.<\/li>\n<li><strong>Follow the program\u2019s protocol<\/strong> and supply all the necessary information to the right people.<\/li>\n<li><strong>Stay humble<\/strong>. This is a human process, and people are more inclined to advocate for individuals they feel are considerate of their needs. Your request is more likely to be denied if you come across as arrogant or demanding.<\/li>\n<\/ul>\n<p>\u201cAnd if your top choice school can\u2019t offer additional funds, at this point, allow program culture to enter your decision,\u201d adds Catherine. \u201cWhether you go with the scholarship opportunity or not, you want to feel confident your chosen school is the right fit from a cultural, academic and career standpoint.\u201d<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>Scenario 3: Take an offer from your safety school \u2013 or reapply again next year?<\/strong><\/p>\n<p>\u201cIt matters what you consider a safety school,\u201d says Fortuna\u2019s <a href=\"https:\/\/fortunaadmissions.com\/team-member\/judith-hodara\/\">Judith Silverman Hodara<\/a>, former Wharton head of Admissions. \u201cI had client who got into Booth, and his bosses told him he should hold out for GSB or HBS. Given his profile, I advised him to take Booth\u2019s offer. Why? In all honesty, he would never really know what had kept him out of HBS or GSB, and, as they say, a bird in hand in this case was well worth it.\u201d<\/p>\n<p>\u201cIt\u2019s different, of course, if you suspect your application wasn\u2019t good enough or didn\u2019t give it your best effort,\u201d says Judith. \u201cMaybe you can concede that an additional year of leadership experience or work could make a difference. Or you might sense you got into your safety school too easily, and that it\u2019s not as worthy because you didn\u2019t struggle for it.\u201d<\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p><strong>While each situation is unique, Judith recommends reflecting on the following questions:<\/strong><\/p>\n<ul>\n<li>Will your second-choice program give you what you want and need in terms of community, network and career progressions?<\/li>\n<li>Will you always suspect you should be somewhere else?<\/li>\n<li>As opposed to the more quant-driven factors in admission, do you imagine what you wrote or communicated was found lacking?<\/li>\n<li>Is the ROI of taking the offer you currently have better or worse than the ROI of a potentially unknown, better offer with no guarantee?<\/li>\n<li>What are the pros and cons of going through another year of the MBA application process \u2013 another year with more experience and another year delaying your career track progression? (Note: Delaying isn\u2019t always strategic for schools that favor applicants earlier in their careers)<\/li>\n<li>While re-applicants are certainly welcomed and encouraged, how can you credibly enhance your profile in the coming year? What will have changed since you applied last time?<\/li>\n<li>Are you willing to re-examine your entire application?<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>\u201cAt the end of the day, I like to tell candidates to flip a coin on the answer \u2013 not to do what the coin says, but gut-check how you feel about the outcome,\u201d says Judith. \u201cThis little trick can tell you a lot about how to proceed.\u201d<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"https:\/\/fortunaadmissions.com\/\"><em>Fortuna Admissions<\/em><\/a><em> Expert Coach <\/em><a href=\"https:\/\/fortunaadmissions.com\/team-member\/heidi-hillis\/\"><em>Heidi Hillis<\/em><\/a><em> is a Stanford GSB graduate and served as a GSB alumni interviewer for several years. A version of this article was originally published in Prodigy Finance on February 16, 2018. <\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Are you in the rare and enviable position of receiving offers from two of your dream schools? Maybe you\u2019ve been offered a sizable scholarship, but not from your top choice&#8230;<\/p>\n","protected":false},"author":160,"featured_media":0,"comment_status":"open","ping_status":"1","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,1831,775,243],"tags":[],"class_list":["post-40941","post","type-post","status-publish","format-standard","hentry","category-mba","category-fortuna-admissions","category-admission-consultants","category-blog","entry"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts\/40941","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/users\/160"}],"replies":[{"embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/comments?post=40941"}],"version-history":[{"count":0,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/posts\/40941\/revisions"}],"wp:attachment":[{"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/media?parent=40941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/categories?post=40941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/gmatclub.com\/blog\/wp-json\/wp\/v2\/tags?post=40941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}