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josiebella
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Keep in mind that the decisions on Columbia fellowships aren't going to be released for a few weeks, so it's possible that Columbia might offer you something (maybe as much or more than NYU, who knows!), and you just don't know it yet.

Unless either of your deposits are coming up very soon (I know NYU's isn't due for a few months), you may just want to wait a few weeks, and see what happens. Another option would be to call up Columbia, and just ask them if you are being "considered" for one of the fellowships.
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How long does it take to receive the official acceptance letter in the mail after you've received the notification online?
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@josiebella

If Columbia hasnt released there scholarship awards I would wait a while to make any decisions. Do you have to commit to columbia before there fellowship awards come out? I think with either school you cant go wrong. When do you have to commit to Columbia? Maybe you can go to the admit weekends at both schools since you are in New York if you are having a hard time deciding.

For scholarships, I know someone on this board mentioned getting a half a tutition scholarship so I would place yours around 3 tier, not quite a half year of tution, but still no chump change. Personally I would go to NYU, but there are particular points about NYU I like better then columbia having spent time at both schools, and since I plan to matriculate I am biased :-D
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josiebella
SalarymanJ
Did you apply to columbia in the ED round cause if so personally I think you are obligated to go to Columbia from a moral standpoint. Other question is what career path are you choosing and what company are you looking to work for? Do they recruit at both?

Posted from my mobile device


Nope, RD! I am choosing brand management as my career path and as I understand it, they are about even in that area. I am also looking to stay in consumer products / luxury products (my background) and I do believe the major players recruit at both. I think I am going to call Columbia and see if they will award me anything given this situation....hmm.

There's a relevant discussion in the Booth Full Ride ($$$) vs HBS thread. Similar to your situation -- both top schools, HBS is ivy and considered a bit more prestigious though job prospects from both are probably very similar.

The conventional wisdom is that you shouldn't let scholarship money influence your decision if you would definitely choose the non-$$ school if scholarships weren't in play. In other words, if CBS is the right school for you, go to CBS as the $25K or $50K isn't a lot in the big picture, whereas going to the right program will benefit you greatly in the long run.

However, someone brought up a really interesting point in that thread (rhyme perhaps?). That was, the votes seemed to generally align between alums vs prospective students (one could also view it as pragmatists vs idealists). Those who have completed bschool largely voted for the pragmatic choice of Booth w/ $$ and prospective students largely voted for HBS (initially I did). The people who have been there and done that seem to have concluded what VictoryMBA did -- the Ivy shine wears off -- that holds a lot of weight with me.

So, I would propose the decision tree to look something like this:

(In terms of money, I echo what someone said earlier, there is $, $$, and $$$, and this is $$)

If faced with School A no $$ vs B w $$:

(i) If B > A -> B

(ii) If B = A -> B

(iii) If B < A but only because slight prestige factor but both programs are great for your goals -> B

(iv) If B < A for substantive reasons -> A

In your case JB, it seems that the situation is (iii), so I would go with NYU if I was you. However, I like your idea of throwing the option to CBS to woo you, and if the money is the same or better then that changes things.

good analysis thank you.
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Futuremba1
Keep in mind that the decisions on Columbia fellowships aren't going to be released for a few weeks, so it's possible that Columbia might offer you something (maybe as much or more than NYU, who knows!), and you just don't know it yet.

Unless either of your deposits are coming up very soon (I know NYU's isn't due for a few months), you may just want to wait a few weeks, and see what happens. Another option would be to call up Columbia, and just ask them if you are being "considered" for one of the fellowships.

Columbia's deposit due date for me is 2/24 so yeah, coming up. I don't like that they make you commit before you hear of the fellowships. :P
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jezeb
Another data point:

Submitted: 12/15/10
Int. Invite: 12/19/10
Interview: 1/13/11
Accepted: 2/2/11

Female, 740, nonprofit

WOW! So you got your interview invite four days after submitting!?! Is that normal? I submitted on 1/15/11 and still haven't heard...When should I expect to hear? Any ideas?
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Another data point:

Submitted: 12/15/10
Int. Invite: 12/19/10
Interview: 1/13/11
Accepted: 2/2/11

Female, 740, nonprofit

WOW! So you got your interview invite four days after submitting!?! Is that normal? I submitted on 1/15/11 and still haven't heard...When should I expect to hear? Any ideas?

I wouldn't worry - no one has posted about any January round interviews. It appears that if you submitted in December you were grouped w/ the tail end of the November round.

On a side note, I had posted earlier that I went back and read through last year's NYU thread. It appears that February 8 was when January round interview invites began, so next week will be a big week for a lucky few.
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jezeb
Another data point:

Submitted: 12/15/10
Int. Invite: 12/19/10
Interview: 1/13/11
Accepted: 2/2/11

Female, 740, nonprofit

WOW! So you got your interview invite four days after submitting!?! Is that normal? I submitted on 1/15/11 and still haven't heard...When should I expect to hear? Any ideas?

Round 1 deadline was 11/15, so I think she meant she submitted on 11/15
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californiamba
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jezeb
Another data point:

Submitted: 12/15/10
Int. Invite: 12/19/10
Interview: 1/13/11
Accepted: 2/2/11

Female, 740, nonprofit

WOW! So you got your interview invite four days after submitting!?! Is that normal? I submitted on 1/15/11 and still haven't heard...When should I expect to hear? Any ideas?

Round 1 deadline was 11/15, so I think she meant she submitted on 11/15

To clarify, I definitely submitted in December and received my interview invitation 4 days later. I think I got lucky and my app was pushed to the top of the pile. I did wait the full three weeks to hear after the interview; so I know how that feels! Congrats to all who are in, and deep breaths to all still waiting.
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Wow - that is fast. Congrats!
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jezeb

To clarify, I definitely submitted in December and received my interview invitation 4 days later. I think I got lucky and my app was pushed to the top of the pile. I did wait the full three weeks to hear after the interview; so I know how that feels! Congrats to all who are in, and deep breaths to all still waiting.

Sweet not sure how you pulled that one off but sweet. Should I consider you a R1 or R2 applicant? R2 since you were past the round 1 deadline?
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SalarymanJ
jezeb

To clarify, I definitely submitted in December and received my interview invitation 4 days later. I think I got lucky and my app was pushed to the top of the pile. I did wait the full three weeks to hear after the interview; so I know how that feels! Congrats to all who are in, and deep breaths to all still waiting.

Sweet not sure how you pulled that one off but sweet. Should I consider you a R1 or R2 applicant? R2 since you were past the round 1 deadline?

R2, definitely. I believe a phone call was made on my behalf, but I don't actually know.
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jezeb
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jezeb

To clarify, I definitely submitted in December and received my interview invitation 4 days later. I think I got lucky and my app was pushed to the top of the pile. I did wait the full three weeks to hear after the interview; so I know how that feels! Congrats to all who are in, and deep breaths to all still waiting.

Sweet not sure how you pulled that one off but sweet. Should I consider you a R1 or R2 applicant? R2 since you were past the round 1 deadline?

R2, definitely. I believe a phone call was made on my behalf, but I don't actually know.

Well congrats! That makes you our first accepted R2 applicant.
Congrats to everyone else that was accepted today. I look forward to meeting everyone this fall.
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That's a very substantial amount, at least by NYU standards. Most scholarships awarded to incoming first years are in the $5,000 to $15,000 range! Well done. And good luck with your decision.

josiebella
josiebella

I got my letter too today. Got awarded $25K for the first year. I don't mean to brag, but is that a lot? Because it's making NYU very tempting when I had already decided on Columbia...I know, I am very lucky.

So, just to clarify, is that a substantial amount? Reason enough to switch?
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solaris1
That's a very substantial amount, at least by NYU standards. Most scholarships awarded to incoming first years are in the $5,000 to $15,000 range! Well done. And good luck with your decision.

That's very interesting. They clearly want you at NYU, JB! The other factor that hasn't really been touched on is what your gut told you when you were at each school. For me, I didn't click with CBS (and I said this before they dinged me :wink:) whereas I really clicked with NYU, so that would be a big part of my decision.

@solaris1 (or anyone else who knows about this) - how do scholarships work for 2nd years? Are they only available for people who got them in their 1st year and performed well academically? Or can anyone earn scholarships for 2nd year based on 1st year performance? If so, what kind of $$ levels?
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@solaris1 (or anyone else who knows about this) - how do scholarships work for 2nd years? Are they only available for people who got them in their 1st year and performed well academically? Or can anyone earn scholarships for 2nd year based on 1st year performance? If so, what kind of $$ levels?

The scholarship that I received was stated to be for my first year only. I don't know if it's this way for others
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hi R1 indian applicants, when is the interview scheduled in India. R2 applicant myself. The timeline for interviews would define the last date for expecting an invite here.
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