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18 Dec 2014, 04:37
Kudos
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Question:
Does asking for more scholarship money risk hurting your relationship with business school?
How should you go about asking for more?
My personal situation:
- Strong, entrepreneur profile (potential to be top 10 business school), but not interested in studying in the US for 2 years or Finance/Consultancy focused courses.
- As an entrepreneur, I am looking to MBA mainly to reinforce skills rather than employment opportunities (network matters but not crucial). I do a lot of work in developing countries, so that focus matters (limited number of business schools have that as a core focus)
- Have 2 offers in R1, one from a top 30 school, one from a top 50 school. I like the top 60 school and want to go there, but the top 30 school has offered me more money
- Family pressure means I have applied to 2 top 10 business schools (interviews soon), but I have no intention of going to either unless its for a ridiculous offer.
Questions:
- How should I approach asking t50 school to ask for more money? If it helps, offers are 30%+30% finance, or 50% + finance to be discussed?
- I am confident that I can get an acceptance from a t10 business school (although probably not a merit scholarship). How can I use this to my advantage? Should I?
Both schools know all 5 of my applications (I have one other acceptance that I will turn down). But I haven't shared scholarship information
Does asking for more scholarship money risk hurting your relationship with business school?
How should you go about asking for more?
My personal situation:
- Strong, entrepreneur profile (potential to be top 10 business school), but not interested in studying in the US for 2 years or Finance/Consultancy focused courses.
- As an entrepreneur, I am looking to MBA mainly to reinforce skills rather than employment opportunities (network matters but not crucial). I do a lot of work in developing countries, so that focus matters (limited number of business schools have that as a core focus)
- Have 2 offers in R1, one from a top 30 school, one from a top 50 school. I like the top 60 school and want to go there, but the top 30 school has offered me more money
- Family pressure means I have applied to 2 top 10 business schools (interviews soon), but I have no intention of going to either unless its for a ridiculous offer.
Questions:
- How should I approach asking t50 school to ask for more money? If it helps, offers are 30%+30% finance, or 50% + finance to be discussed?
- I am confident that I can get an acceptance from a t10 business school (although probably not a merit scholarship). How can I use this to my advantage? Should I?
Both schools know all 5 of my applications (I have one other acceptance that I will turn down). But I haven't shared scholarship information
20 Dec 2014, 20:22
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dv8r
1. It doesn't hurt to ask - it's not like they would rescind your offer
2. You can definitely tell the T60 school about your better offer at the T30 school and see if they'll match it
3. If you don't have the T10 admissions in your back pocket, it doesn't exist
4. This goes without saying, but don't lie - MBA AdCom is a small world - just check out some of their LinkedIn profiles - they just jump from school to school working their way up
21 Dec 2014, 13:20
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QiuYidio
Thank you for direct and concise reply. I think point 4 is particularly worth emphasising (I wasn't planning to exaggerate offers/lie, but I guess it does mean that information about me might have been shared separately even though there is no reason for separate schools to cooperate).
With regards to top 10 school interviews, was planning to wait to see if I could get a place before doing anything (of course interview offers mean nothing). Wasn't sure whether a top 10 school normal place can be used to gain more money from a non-top 10 school, but I guess if I'm thinking like that I shouldn't even be applying for the top 10 schools in the first place.
