This thread is for the Booth 2011 Application Year, meaning applicants that are starting School in the Fall of 2011. Please direct all of your questions for this year into the 2012 thread calling-all-2012-chicago-booth-fall-applicants-116701.html If you are a current student/admit, please consider visiting the thread for Admitted Students admitted-to-chicago-booth-class-of-2013-full-time-mba-thread-107432.html At Chicago Booth, you get more than just a world-class education. You become part of a global business force. Please use the following form to add your stats to the spreadsheet: Form link Edit Link: https://spreadsheets.google.com/ccc?key=0Av3d03301eNIdFozSUpyT2lUQzN0TG41MTFDWG83eHc&hl=en#gid=0 Spreadsheet 0Av3d03301eNIdFozSUpyT2lUQzN0TG41MTFDWG83eHc GMAT CLUB STATS Round 1 Deadline: October 13, 2010 Notification: December 15, 2010 Round 2 Deadline: January 5, 2011 Notification: March 16, 2011 Round 3 Deadline: April 13, 2011 Notification: May 18, 2011 Evening/Weekend MBA Deadlines: https://www.chicagobooth.edu/parttime/a ... #deadlines SCHOOL INFO Excerpts from Admissions Chat Events Application Review Process At minimum three people will review an application. We do not review applications in groups but the reader will have access to the previous readers' reviews. Our office hires students to serve as Admissions Fellows. These students will review the files(and conduct our on campus interviews.) Once the Fellows complete their review an admissions officer reviews and will make a recommendation. At this time a candidate is invited to interview or recommended for denial. If denial the Associate Dean will review the file. If invited to interview, after the interview takes place, the file is reviewed again by an admissions officer. A recommendation is made and ultimately the Associate Dean makes the final decision. We do not compare students between rounds; we only evaluate applications based on each round. The chances of being admitted are very similar from one round to the next. Interview As for interviews, Interviewers will NOT have access to your applications. We conduct interviews either on campus by admissions fellows or off campus by alumni. All applicants have the option of coming to campus or interviewing with a local alumni. Academics The Booth MBA is based on a discipline based approach to business education, with finance being at the cornerstone. Chicago Booth boasts a legendary finance curriculum, covering both corporate finance and investments. In addition, our long-standing relationships and success in recruiting with the biggest investment organizations in the world. General Guest: what are the top features booth is looking for in an mba candidate and how can i improve my chances of admission Kurt: The best way to be successful in this process is to really know your story. Where have you been? What skill and experiences have fostered over time? How do these things prepare you for an MBA, and a career post MBA? And finally, how does a specific program i.e. Booth bridge the gap effectively between where you are and where you want to be. Think through this effectively and convey this story utilizing all the aspects provided in the application will give you your best chance of success. To be candid we expect that students applying to a top school are smart, engaged and demonstrate signs for leadership potential. With those things being staples it is at the margins where you can most directly impact your outcome. And your story and fit is what lives in the margins. Neel the overwhelming majority of our students in the FT program are looking to make a career change. To do so you have to think through what you know about the desired industry, what skill and experiences do they covet and what do you bring to the table. In most cases once you do this exercise you will realize where your strengths and weaknesses lie, and at Chicago because of our flexibility and commitment to analytics you will have every opportunity to round out your necessary skill sets and go after the role you desire. Essays 1. The Admissions Committee is interested in learning more about you on both a personal and professional level. Please answer the following (maximum of 300 words for each section): a. Why are you pursuing a full-time MBA at this point in your life? b. Define your short and long term career goals post MBA. c. What is it about Chicago Booth that is going to help you reach your goals? d. REAPPLICANTS ONLY: Upon reflection, how has your thinking regarding your future, Chicago Booth, and/or getting an MBA changed since the time of your last application? These short essays will require you to know yourself. You will need to understand where you have been and where you are going. Before you begin drafting the responses to these essays, take some time for self-reflection. Why do you want to return to school? Why is the MBA the right degree for you? We know that many of you will use your MBA experience to help you figure out what kind of job to pursue next. Even though your future career plans may not be clear at this time, you should still be able to discuss your goals and how they relate to obtaining an MBA. For our reapplicants, question 1d is where you can tell us what, if anything, has changed since the time of your last application. What has occurred in your life or career that has either reinforced or changed your goals? What lessons have you learned or how have you grown since you last applied to Chicago Booth? 2. Chicago Booth is a place that challenges its students to stretch and take risks that they might not take elsewhere. Tell us about a time when you took a risk and what you learned from that experience (maximum of 750 words). You’re probably wondering, “What kind of risk do you want me to discuss?” To be honest, we’re not looking for one kind of risk in particular. It can be a risk related to your professional, academic or personal life. It can be a risk that resulted in either a positive or negative outcome. We want to hear about a time when you challenged yourself and what you learned from that experience. How has that experience influenced your future actions? 3. At Chicago Booth, we teach you HOW to think rather than what to think. With this in mind, we have provided you with “blank pages” in our application. Knowing that there is not a right or even a preferred answer allows you to demonstrate to the committee your ability to navigate ambiguity and provide information that you believe will support your candidacy for Chicago Booth. Earlier this year, there was some discussion as to whether we would continue using the presentation as part of our evaluation process. With the presentation proving to be such an important tool in helping us determine who is a good fit for Chicago Booth, we decided it was necessary to include in our 2011 application. However, this year, we are giving applicants even greater freedom to decide what information they want to convey in the presentation. Since we’re providing you with “blank pages,” what you decide to address in your presentation is up to you. Look at the other aspects of your application. Are there messages or activities that you have not yet been able to communicate to the committee? If so, then the presentation will be an opportunity for you to provide us with this type of information. After reviewing your presentation, we want to have a better understanding of who you are and how you think. Also, please remember that it is the content – not the design – that should be the focus of the presentation. We understand that not everyone is a design guru. So, whether it’s through photos, images, graphs, or just words, the goal is to communicate your messages as effectively as possible.

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Calling All 2011 Booth Applicants!!

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socalmike

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03 Mar 2011, 09:18

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jb88

or when the really cute girl you've a crush on tells you she just wants to be friends

Good analogy - similar in the sense that you've probably sacrificed many hours for her (GMAT, social life, applications). And like B-school, you can always re-apply (when she breaks up for good w/ D-bag BF) and it's usually less work since you've already done the initial legwork :lol:

jb88

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03 Mar 2011, 09:33

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socalmike

Yes, we've all sacrificed so much and know we'd be perfect with her, but there are a few hundred others courting her. The problem is when she doesn't recognize your greatness you end up doing what is best for yourself, realizing you can't wait around for her forever with the hope she'll want you. You meet someone else, and despite not being as pretty on the outside (i.e. as highly ranked) you learn the new girl loves you far greater anyway for who you truly are and you learn to love her despite her initial shortcomings, but.... you can't help wondering 'what could have been?'

w103psp

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03 Mar 2011, 09:36

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jb88

socalmike

Ha ha ha, this is hilarious!

socalmike

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03 Mar 2011, 10:08

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jb88

socalmike

The main difference is in dating, we are assuming a monogamous relationship whereas B-school is a like an old school Mormon relationship. You ain't the only one!

Michmax3

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03 Mar 2011, 10:15

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jb88

socalmike

Until you get to that point many years in the future, where you are so happy with your life and everything that got you there that you wouldn't change a thing, and all you wonder is what could've been missed out on if that initial girl picked you instead. I think that's where most of us who are longing after a particular school will be at some point and no matter what I'm okay with that.

socalmike

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03 Mar 2011, 10:19

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Michmax3

jb88

socalmike

This reminds me of High School and I went to a Get Up Kids concert last night too.

disposable8201

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03 Mar 2011, 10:29

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jb88

SEOmatt

Booth just updated the admissions blog:
https://blogs.chicagobooth.edu/boothinsider/

Reminds me of when a company comes out early and announces it may miss earnings. The company thinks it is gently lowering expectations, but in reality there is a huge, over-reactive sell-off. Either way, it is disappointment for its shareholders (i.e. R2 candidates).

Jesus, doesn't that just fill you up with warm fuzzies? #terrified.

RFMBA2

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03 Mar 2011, 12:25

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Quick question that I saw was mentioned before but was not sure if it got answered:

Do all US applicants who are accepted receive a call the day before (in this case 2/15)? So, for instance, if you are in the US and you DON'T get a call, should you consider yourself done?

GMAT802

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03 Mar 2011, 13:05

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RFMBA2

I don't think so. The following is from last year's chat:

"The final decisions for round 2 will be released on the decision date, March 24th at 9:00 am. Everyone will receive an email prompting them to log in to the system to check their status. If time permits we may attempt to call the admitted students prior to 9:00 am release time. Keep in mind we are not always successful in reaching everyone prior to the decision release."

Maybe someone else has more info on this?

driege

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03 Mar 2011, 13:23

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GMAT802

I don't recall any US applicants being admitted without at least receiving a missed call and a voicemail. They can't always get a hold of everyone, but if you are in the US, I'm fairly certain they will call.

valleyboy

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03 Mar 2011, 14:29

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lhomme

Anyone have any details on this "generous financial aid policy"? Is this new? Sounds like good news... (except for the whole getting in part).

Nick2010

Booth´s upward momentum + Very generous financial aid policy + Wharton situation = higher yield for Booth.

80% is consistent with what I am seeing in my neck o´the woods (very small in the grand scheme of things though)

During my R2 on-campus interview (and campus visit) one of the Admissions staff mentioned that they had been very generous with scholarships in R1 and that securing $$$ in R2 would be very competitive. Also, when one of the prospective students asked her if it was true that Booth accepts half of the interview pool in each round, she seemed uncertain how to respond and tried to avoid the question.

NZOMNIAC

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WE 1: IIT, 6 yrs healthcare consulting

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03 Mar 2011, 15:05

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jb88

SEOmatt

Booth just updated the admissions blog:
https://blogs.chicagobooth.edu/boothinsider/

4 paragraphs and not anything specific or impactful

Is there anything new ?

neildiamond

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03 Mar 2011, 18:46

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In terms of financial aid (or scholarships) I have a feeling that Booth is generous to a select few. I have been able to secure scholarships at other schools but Booth was the most elusive for me. Personally I don't believe Booth has been giving out money to a lot of people, imo. I'm speaking as a R1 admit.

stormbringer

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03 Mar 2011, 21:13

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NZOMNIAC

jb88

SEOmatt

Booth just updated the admissions blog:
https://blogs.chicagobooth.edu/boothinsider/

4 paragraphs and not anything specific or impactful

Is there anything new ?

I love Booth and I think the Ad Com members seem very nice but *SNORE*!

stormbringer

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03 Mar 2011, 21:14

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neildiamond

Did you go for admit week? Considering you've received scholarships elsewhere, where have you decided to go, if I may ask?

jerrykid

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Schools: UCLA (Anderson) - Class of 2014

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Schools: UCLA (Anderson) - Class of 2014

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04 Mar 2011, 01:09

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NZOMNIAC

jb88

SEOmatt

Booth just updated the admissions blog:
https://blogs.chicagobooth.edu/boothinsider/

4 paragraphs and not anything specific or impactful
Is there anything new ?

This caught my attention:

" There is no formula that we use to determine who is admitted. We strive to select the people we feel most thoroughly embody the values that we live every day...At the end of the day, it is fit that proves to be our final litmus test. Each admitted student is reviewed by at minimum 5 members of our committee (student fellow, first admissions director, interviewer, second admissions director, me)."

So after all, "being fit" gets you in. This really reminds me of my interview. I am not sure at all my interviewer liked me i.e. she thought that I am a good fit for Chicago Booth. There were times when I felt that she disagreed with what I was saying and somehow disliked me.

IMO, interviews are important in the sense that it helps gauge how an applicant gets on well with the school representative, thus, fits with the school. Last year, my friend blew up his interview with HBS and he got dinged.

stormbringer

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04 Mar 2011, 01:15

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dalillama

I can't give you the precise number, but the person who originally posted the ~370 offers woefully underestimated the number of admit offers that were made in R1.

Hi dalillama

Maybe not the precise number but would you be able to tell us roughly how many offers were made in R1?

jerrykid

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04 Mar 2011, 01:24

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Nick2010

It seems like Wharton has put out an uncommonly big waitlist for R1 this year, only admitting the strongest candidates outright. What I see in that is that a lot of people that in a regular year would be admitted in Wharton´s R1, have instead been put in the waitlist, and made their deposits in other peer schools (Booth, Kellogg, MIT, etc).

It has been rumored that Wharton puts a lot of people in waiting list in Round 1 and interviews a greater percentage of Round 2 applicants.

I am not really sure whether wait-listed applicants from Wharton would withdraw deposits from Booth if they are accepted by Wharton in Round 2.

stormbringer

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04 Mar 2011, 01:30

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jerrykid

Withdraw from Booth, you mean. If I am not mistaken, it is a non-refundable deposit so I doubt anyone would ask for the money back. If they're courteous, they would inform Booth that they would not be joining the school. But even if they were to do that, Booth WL-ers from R2 (and those remaining from R1) would only hear about being admitted mid-May during R3 decisions or any time through the summer. That means waiting, waiting, waiting...

mjb

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04 Mar 2011, 01:40

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neildiamond

I agree with this; at the admit weekend there didn't seem to a huge number of people with scholarships.

For those thinking David Booth's money is being used for scholarships, while the interest alone could be used to pay the tuition fees for an entire class, all of the Booth staff I've spoken to tell me it's pretty much ring-fenced for retaining and attracting top faculty. There may be some extra money this year as ex-Dean Snyder managed to increase the endowment outside of Booth's donation, but I wouldn't be expecting the flood gates to open...