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Has anybody deferred from HBS before? It says on the website "Postponements and deferrals are rarely granted and are considered on a case-by-case basis".

Under what conditions do they consider a deferral? Does the deferral contract bar you from applying to other schools?
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Is it wrong to find it hilarious that people are so upset because they didn't just get their ticket punched automatically?

The guy on BW forums who relates the story of his friend who thought he was a shoe in for HBS crying because he got dinged is pure comedy.
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Is it wrong to find it hilarious that people are so upset because they didn't just get their ticket punched automatically?

The guy on BW forums who relates the story of his friend who thought he was a shoe in for HBS crying because he got dinged is pure comedy.


Hi ...
I Culdnt get u !?!! Can u elaborate for the bewildered kinds like me who have no inkling what u are talking about :) or share a link ;)

Sam
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https://poetsandquants.com/2010/12/17/pe-vs-pc-at-harvard-business-school/
Quote:

Poets & Quants covers PE bloodbath at HBS

“This move away from the powerhouse PE firms is either a one-hundred year ‘drought,’ as it were, or the visible hand of new policies hinted at by Dean Nohria in his public remarks,” says consultant Kreisberg. “My bet is the visible hand. Cutting back on White Bread Boy PE stars IS in line with Harvard President Drew Faust’s own PC jihads and Nohria seems a Faust type. She hired him.”
https://poetsandquants.com/2010/12/17/pe-vs-pc-at-harvard-business-school/

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https://poetsandquants.com/2010/12/17/pe-vs-pc-at-harvard-business-school/
Quote:

Poets & Quants covers PE bloodbath at HBS

“This move away from the powerhouse PE firms is either a one-hundred year ‘drought,’ as it were, or the visible hand of new policies hinted at by Dean Nohria in his public remarks,” says consultant Kreisberg. “My bet is the visible hand. Cutting back on White Bread Boy PE stars IS in line with Harvard President Drew Faust’s own PC jihads and Nohria seems a Faust type. She hired him.”
https://poetsandquants.com/2010/12/17/pe-vs-pc-at-harvard-business-school/


Sandy, what have you been hearing about plans from these guys? Are they planning on re-applying next year or heading to Stanford, Wharton, Columbia, Booth, etc?
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all of the above --and many on WL, an interesting category to watch.
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I am doubtful that this trend will continue, but if it does, I'd almost think it would diminish the "value" of HBS over time. Even this year, whatever PE students DID get admitted would probably be slightly disappointed to have a smaller peer group. Given that networking is a big part of bschool and an even bigger part of PE/buyside opportunities, perhaps another university would emerge as the top choice for these highly sought after careers. Bschool after all, is an means to an end.

Of course, the above point is likely moot because it's very unlikely HBS will continue to push away these individuals. And even if the do, the effects will show itself long after anyone on this board applies to bschool.
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I am doubtful that this trend will continue, but if it does, I'd almost think it would diminish the "value" of HBS over time. Even this year, whatever PE students DID get admitted would probably be slightly disappointed to have a smaller peer group. Given that networking is a big part of bschool and an even bigger part of PE/buyside opportunities, perhaps another university would emerge as the top choice for these highly sought after careers. Bschool after all, is an means to an end.

Of course, the above point is likely moot because it's very unlikely HBS will continue to push away these individuals. And even if the do, the effects will show itself long after anyone on this board applies to bschool.

I don't think it would diminish the value of HBS or really lessen the quallity of the class. While I have friends who are HBS students who are going into PE who I'd gladly share a class with, I'd equally enjoy sharing a class with people really into social enterprises or clean technology. If I choose to go to HBS, a big part of the appeal is the diversity of students that I'd get to learn from. While I definitely hope to learn from the PE/VC/IB guys, I'm also interested in how it would be to learn alongside say a professional ballerina or someone who started a non-profit organization.
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haha, you are both right. The trend will not continue, because, well, it won't. The PE elite firms will push back in some form, altho it will be nuanced, and the adcom will come to its senses, altho sure, 80 pct accept rate at Bain Cap may become new normal vs. 95 pct, etc.
The fact is, the star applicants fr. those PE firms are often amazingly accomplished, they did not get accepted to Ivy/near Ivy colleges, get hired at GS and JPMORGAN, and then emerge fr. those boot camps to BX, KKR etc. for no reason, often with wide extra currics etc. as well, altho not during the IB years.

Agree on the other hand, that dif between 4 BainCap/TPG guys in class versus 8 is null in big picture, esp. since the real change in HBS is that it is becoming younger. One issue overlooked is arrival of 90 2+2 kids next year, also greatly accomplished, but, well, w. 2yrs versus 4 or 5 yrs experience, does that make a diff? Dunno.

One last point, THERE ARE NO BALLERINAS AT HBS, altho plenty of Divas, both in class, in front, and one big one at the adcom :-)
altho I get your metaphor. The fact is, that while class is diverse in some ways, once it settles down, it becomes a lot like your college. And the Asian gals, the S. American guys, the US preps, and the rich + celeb kids all end up hanging out with each other. Any diversity you see is overlap of that. E.g. rich Asian gal hanging w. rich US guy, verus her "home" cohort. A case of class being thicker than blood.
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Quote:
Sandy, your last paragraph on the social dynamics at HBS is intriguing. I thought the people from the section all hang out with each other and become pretty good friends. I had no idea that the rich kids separate into their own cliques. Is this based on what your former clients told you? Are there a lot of "stuck up" and "diva" female students at HBS?
WELL A LOT OF DIVAS, BUT NOT NECESSARILY STUCK UP, AND NOT NECESSARILY RICH, JUST HI-FUNCTIONING, HI-MAINTENANCE, AND HI-TEST TYPES WITH A CERT ATTITUDE THAT MANY FIND, AHEM, ATTRACTIVE.

As to diversity, dunno, take a stroll thru cafeteria in Spangler and let me know if what you see comports more w. what you imagined beforehand or with what you remember from your own caf. in High School, w. all the jocks, frat guys, asians, clique chicks, geeks, 3rd worlders, funny Jewish guys, and etc. sitting at their own tables.
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Dear
Aspiria, Lost Photon, Eskimoroll, Neo, Cool Dude,
Hyejny, Andersmc, Square,Very anonymous, John Doe
& the Mr & Mrs duo of Victor & Victor!

( I hope I got all the names in here ..... If I have missed any, its only due to the sheer excitement of seeing so many of u jubiliant & happy ..... :o )

First & Foremost ..... A HUGE round of APPLAUSE to all of you to clear one of the biggest hurdle in ur academic life ......CONGRATS !!!

As u all slowly digest this milestone ...... may I request you all to please keep on giving ur valuable advices to the likes of us who are applying in R2 and would love to share the same classroom with you in fall 2011 !!!
Thanks a lot, tgharvard. Best of luck with your app. I'll keep coming back to the forum for sure. Always a pleasure if I can be of any help. :)
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tgtharvard
Dear
Aspiria, Lost Photon, Eskimoroll, Neo, Cool Dude,
Hyejny, Andersmc, Square,Very anonymous, John Doe
& the Mr & Mrs duo of Victor & Victor!

( I hope I got all the names in here ..... If I have missed any, its only due to the sheer excitement of seeing so many of u jubiliant & happy ..... :o )

First & Foremost ..... A HUGE round of APPLAUSE to all of you to clear one of the biggest hurdle in ur academic life ......CONGRATS !!!

As u all slowly digest this milestone ...... may I request you all to please keep on giving ur valuable advices to the likes of us who are applying in R2 and would love to share the same classroom with you in fall 2011 !!!

Thanks a ton! tgtharvard. I will be more than happy to help anyone in the forum. All the Very Best! for your apps.

Cheers
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Congrats to everyone who got in from R1!

It's gotten quiet in here. I was hoping to get all amped up as I take a break from my HBS app... no such luck, I guess. Maybe everyone's off celebrating admits. :)
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Congrats to everyone who got in from R1!

It's gotten quiet in here. I was hoping to get all amped up as I take a break from my HBS app... no such luck, I guess. Maybe everyone's off celebrating admits. :)

All the R1 people are gone now.. We need some R2's to start carrying the weight. 6 or 7 weeks from now, well probably starting hearing about interview invites.... CRAZYY. Now if only my recommenders would get moving on their letters!
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Any R1 admits get any scholarship info?
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Should I provide the pro or personal contact information for my recommenders in my application?

By the way I'm applying to HBS R2 MBA Full-time :)
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Quote:
In your professional opinion, which jihad will end first? Age or PE?I think age is here to stay. I have a hard time believing that top PE firms will not launch a few shots over the Adcom's bow when the opportunity presents itself. That said, it appears as though HBS is wedded to the strategy for this year and will quietly course-correct next year. Agree?


age is here to stay, unless app numbers start going down in some dramatic way due to some re-configuration of the global b schol eco-space/economy etc.

Also note, PE move round one, is getting a bit blown out of proportion: i mean if you took top ten PE feeder firms, and ran admit numbers over past 3 years vs. this year, there would be a decline, I am pretty sure, but that whole universse is 30-50 peeps a yaer, A more interesting stat wld be class profile next year, w. all Financial (IB PE VC Asset managment, etc) --dunno that could be down 5 pct, and over next 4 years if it drifts back up another 2-4, pct, at some pt you dont notice anymore.

in some ways, this is Nohria doing ethics grandstanding: he is not exactly convenying study groups on Exec Comp or RIsk or making Brooksly Born the Class Day speaker vs. Jamie Dimon, or changing the disclosure policy at HBS for industry backed faculty research, all of which were effectively criticised in e.g. https://www.insidejob.com/ the really damning recent movie. but instead picking on some innocent schmucks at those leading firms to send a message and just saying HBS will broaden its focus. Not hard or heroic or effective in doing anything much. Just a way to get some easy Ethics PR vs. doing specific hard things.

HBS response to last "ethics" over past 30 years, Insider trading, S&L, internet bust, and now this, pretty mch the same, they are still studying it, and have not taken any activist measures, like e.g. law school, that strikes me as the key diff.
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