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freedman1010
I have a question for you guys on this day of dings.
I was dinged in R1. Now I'm choosing between Sloan and waiting for a year to take another swing at HBS and Stanford.
What would you guys do in this situation?
Sloan...
1. Opportunity cost of being a Sloan grad vs HBS 2nd Year in 2014 is the pay bump between your current salary and post-MBA salary. $50-$75k for many of us.
2. MIT is almost as awesome as Harvard, especially in the tech world. The long-term impact of HBS vs MIT Sloan is smaller than you think. HBS grads are more successful, but probably less due to HBS than being great enough to get into HBS in the first place. You'll get access to all the big recruiters at Sloan (who probably are there for HBS and Sloan anyway) and 10 years down the road it will be your career accomplishments and business network that matters more than your MBA. Look at the bios of any successful alumni from these schools and you'll read all about their professional accomplishments and down at the bottom there will be a note about where they went to school. Bottom Line: The cream rises to the top. If you are awesome, you will have awesome success anyway.
3. What will make you a better applicant next year? It better be something good or expect another ding. Sloan may not appreciate the snub and ding you the second time around.
Life is short... Don't delay your inevitable success just for slight prestige and ego boost.