niraja
Architect
niraja
people,
i was just looking at app deadlines and wanted your opinion if cornell's R3 deadline is like other schools' R2 deadline? i'm trying to see if i'm too late or if its worth it to take a shot at R3.
cheers
IMHO, at schools that have 4 rounds instead of 3 (Johnson, Haas, etc), R3 is still passable for a typical applicant, and R4 becomes the superstar round. I think you should give it a shot in R3, because we've been hearing that application volume is down this year (to the surprise of many people).
gotcha Architect. any ideas why the volume is down? is it because the ranking dropped due to IB / IM placements?
I'm certainly no expert, but if I had to field a guess, I would say it has nothing to do with rankings. From year to year, schools tend to move up or down a little depending on who you poll... I don't believe being ranked #11 vs. #16 matters much in the long run when you are talking about a reputable school like Johnson (those are just random numbers I picked for the sake of example, I'm not quoting any particular ranking authority). Regarding current application volume, all I have heard so far is anecdotal evidence, nothing with any numbers to back it up. I don't believe that application volume is lower at just Cornell... I think it's the case at all or most of the first and second tier B-schools. I am guessing that international applications are WAY down, as funding for international students is much harder to come by now. Not sure about domestic applications, but I could imagine a scenario in which the domestic applicant volume would be a little lower because US firms have actually started hiring again... yes, US unemployment is still at 10%, but it seems that the 'professional' sectors have really picked back up, and the masses of currently unemployed people are generally now those with less education (such as manufacturing and service employees). Again, totally anecdotal... but, I know a LOT of people who were laid off late 2008 and early 2009 (in a range of industries, from banking to dot-com to architecture), and most of them spent all summer unemployed but have gotten good jobs again just in the past couple of months.