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Re: Calling all MIT Sloan Fellows Applicants: (2023 Intake) Class of 2024! [#permalink]
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Hello Parag,

You have raised two very valid points: (1) Current uncertainty in geo-politics and (2) approaching recession.

Historically whenever recession occurs, Universities receive larger than normal admission requests/applications. It is a very predictable and reliable pattern which I have seen in 2002 (admission in under-grad computer science), 2008 recession and 2014. Even if you take recent example of Pandemic, you will see admissions didn't decrease during Pandemic. MITSLOAN SFMBA program recruited 32 more students than its normal class size of 100. It is a simple math. Whenever crowd lose job, instead of waiting for new job, most of them go for 1-2 years higher studies. It adds value to their profile as well as oppotunity cost of leaving job is little.


Current uncertainty in geo-politics-->It is a interesting topic. I would say have you seen certainty in gepolitics! There is always some country in conflict with some other country.

Most industries are recruiting MBAs on a high pay scale left and right. People who got admitted during Pandemic might not have thought that job market will be high post Pandemic.

If you are seriously planning to apply for MBA then best time to start preparation is NOW. Getting admission into your dream school is not easy. Everyone who gets admission works a lot to get admission. Male/Female, IT/Non IT, Business/Non-Admssion, Engineer/Businessman/Businesswoman/Financial/Eco --how unique your profile is doesn't matter until you beautifully show case your story. Each and every line of your profile matters and it takes lot of time & effort to refine profiles.




PJ22 wrote:
Hi Alicia,

Thanks for creating this thread. Though too early, might be helpful for candidates like me who are making up mind to take the plunge in mid-career.

On a separate now, do you think current uncertainty in geo-politics and fears of approaching recession will impact applications for 2023 intake, considering job prospects after the program?

Regards,
Parag
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Re: Calling all MIT Sloan Fellows Applicants: (2023 Intake) Class of 2024! [#permalink]
Agreed, even I have heard that B schools are best place to hide during recession/tough times. Thanks for sharing your views.

On a separate note, do you have any idea how the 2021 passed out SFMBA batch fared in job market, especially international students? I have heard that a good chunk of SFMBA candidates usually return to their previous emloyers or take entrepreneurship route.

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Re: Calling all MIT Sloan Fellows Applicants: (2023 Intake) Class of 2024! [#permalink]
Bunch of SFMBA students are spornsored students. When I spoke with few students, they told me their company sponsored them. It does make sense for such students to go back to their previous company and serve the bond agreement.

There were few other guys, who left previous job ( eg. a Doctor, a Bank Manager) and did MBA. But they are staying in USA on H1B visa. SFMBA fees is high but so is every other USA & EU university fee is high.

PJ22 wrote:
Agreed, even I have heard that B schools are best place to hide during recession/tough times. Thanks for sharing your views.

On a separate note, do you have any idea how the 2021 passed out SFMBA batch fared in job market, especially international students? I have heard that a good chunk of SFMBA candidates usually return to their previous emloyers or take entrepreneurship route.

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Re: Calling all MIT Sloan Fellows Applicants: (2023 Intake) Class of 2024! [#permalink]
Yes, even I am interested to know more on that other category of candidates who left their jobs and are staying in the US on H1B, as it may be preferred to stay there for a while to repay huge debt. These guys could find jobs easily?

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Re: Calling all MIT Sloan Fellows Applicants: (2023 Intake) Class of 2024! [#permalink]
Happy to see this thread . In fact, I have been waiting to see a thread on MIT Sloan fellow since long time.
Referring to some of the questions posted by a friend , it’s always our choice to take the risk and how much to take, especially in mid-career phase. If someone can share the data of career outcomes of 2022 pass-outs, it would be much beneficial. MIT doesn’t post this data in its website as it mentions for regular MBA.

Do we have any thread for Stanford MsX and USC IBEAR.
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Re: Calling all MIT Sloan Fellows Applicants: (2023 Intake) Class of 2024! [#permalink]
I think there is no right and wrong answer for your question. Finding job totally depends on market condition, effort to find job, your network and what do you wanna do. I believe people have to search job on their own unlike regular 2 year MBA program.

Current market condition is great for people who with/without MBA wants to change job now. We don't know if market will be same after 2-3 years.

May be bb will have better ideas than I have :) so I tagged BB to this post.

PJ22 wrote:
Yes, even I am interested to know more on that other category of candidates who left their jobs and are staying in the US on H1B, as it may be preferred to stay there for a while to repay huge debt. These guys could find jobs easily?

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Re: Calling all MIT Sloan Fellows Applicants: (2023 Intake) Class of 2024! [#permalink]
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Hello Harish,

Welcome to the MIT SFMBA link. I just created a placeholder for MSx program. Here is the link https://gmatclub.com/forum/calling-all- ... 87062.html
harish555 wrote:
Happy to see this thread . In fact, I have been waiting to see a thread on MIT Sloan fellow since long time.
Referring to some of the questions posted by a friend , it’s always our choice to take the risk and how much to take, especially in mid-career phase. If someone can share the data of career outcomes of 2022 pass-outs, it would be much beneficial. MIT doesn’t post this data in its website as it mentions for regular MBA.

Do we have any thread for Stanford MsX and USC IBEAR.
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Re: Calling all MIT Sloan Fellows Applicants: (2023 Intake) Class of 2024! [#permalink]
Can you pls share your perspective on, whether someone with around 12-13 years experience should target one year regular European MBA programs (IMD or LBS 15 mnths, etc) where they might be at the higher end of experience range, or, sloan fellows where they will be at almost lower (or bottom 10%) part of exp range? Assuming no geographical constraints (EU or US), but an overall assessment including constraints such as work visas, spouse work permits, etc.

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Re: Calling all MIT Sloan Fellows Applicants: (2023 Intake) Class of 2024! [#permalink]
Hi PJ22.
As per my analysis , the avg ages of the class of IMD and LBS are 30-32 and 30 respectively . An applicant with 12-13 years of work experience may be over- aged for the class. With 12-13 years of experience, you can apply for Standard MsX, MIT Sloan fellows and RoSs executive MBA etc. Your experience will not come under 10% of Fellow programs
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Re: Calling all MIT Sloan Fellows Applicants: (2023 Intake) Class of 2024! [#permalink]
Exactly, Harish, therefore I was overlooking the average age, as fitting in average seems ideal but not possible now for all valid reasons. Hence, the analysis now is whether being an outlier in regular programs is less stressful than being near average in a non-flagship program at higher ranked B-school without much career assistance, or, vice versa. I am talking to people at both places but yet to conclude something. May be some wisdom from veterans here be of great help.
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Re: Calling all MIT Sloan Fellows Applicants: (2023 Intake) Class of 2024! [#permalink]
PJ22
Yes, You are right in terms of career assistance and step-mother treatment for non- flagship programs . However, we should also evaluate the options of career opportunities for this age group after regular MBA. The employers may treat us different and the roles they offer may not fit for mid-career professionals. Having said that, I also believe that many colleges do not have age as a criteria. We should convince AdComs that we are clear on our objectives after MBA and that our presence will only add value to the class but not a load to the class.

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Re: Calling all MIT Sloan Fellows Applicants: (2023 Intake) Class of 2024! [#permalink]
hello all - I was invited to interview as a round 3 but was not offered admission. I plan to reapply either round 1 or round 2, hoping for better outcome this time.
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Re: Calling all MIT Sloan Fellows Applicants: (2023 Intake) Class of 2024! [#permalink]
Hi All

I am self sponsored candidate, aspiring to apply in MIT Fellows.

GMAT 740
WE : 13 Years in EPC energy Buisness.

Regards
NV

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Re: Calling all MIT Sloan Fellows Applicants: (2023 Intake) Class of 2024! [#permalink]
Hey am an aspirant from India. Pretty interesting logic there - outlier in a flagship vis-a-vis near average in a non-flagship.

13 yrs of work experience in Big 4 and Big Tech, startups. Yet to take EA - though LBS and Stanford has confirmed no waiver, MIT has confirmed waiver.

On linkedin, though, I've found Stanford MSx outcomes to be clearer (not saying better) than MITSF.

LBS is keen on more senior age group. Not really looking for IBear, anybody aware of age average for the Kellogg 1 yr/ Cornell 1 yr?

All the best to everyone and I'm tuned on this.

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Re: Calling all MIT Sloan Fellows Applicants: (2023 Intake) Class of 2024! [#permalink]
tonmoyd83 wrote:
Hey am an aspirant from India. Pretty interesting logic there - outlier in a flagship vis-a-vis near average in a non-flagship.

13 yrs of work experience in Big 4 and Big Tech, startups. Yet to take EA - though LBS and Stanford has confirmed no waiver, MIT has confirmed waiver.

On linkedin, though, I've found Stanford MSx outcomes to be clearer (not saying better) than MITSF.

LBS is keen on more senior age group. Not really looking for IBear, anybody aware of age average for the Kellogg 1 yr/ Cornell 1 yr?

All the best to everyone and I'm tuned on this.

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Have you confirmed GMAT waiver from the admission offices for this 2023-2024 cycle?
That's kinda interesting info. Best wishes to you too.
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Re: Calling all MIT Sloan Fellows Applicants: (2023 Intake) Class of 2024! [#permalink]
Yes, confirmed about the waiver from the MITSF admissions office for 2023 intake just a week back (Reason mentioned was Covid). LBS said scores can be furnished after application, Stanford said scores required upfront.

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Re: Calling all MIT Sloan Fellows Applicants: (2023 Intake) Class of 2024! [#permalink]
Hi All,
Is it advisable to still submit at least an EA score despite the waiver? I know the answer would be profile dependent, so here's a bit more about me:
VP-level in biotech industry
with doctorate degree and 17 yrs work experience. Undergrad GPA 3.69, grad GPA 3.92. Took GRE for grad school 20 years ago (!), quantitative was 97th percentile, analytical 98th. Lastly, I am an African-American woman... so from an underrepresented group.

I ask because I've been traveling quite a bit for work (and personal) and so it's been challenging to carve out time to prep. Thank you for any insights you can share!

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Re: Calling all MIT Sloan Fellows Applicants: (2023 Intake) Class of 2024! [#permalink]
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