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yea i am definitely confused, MIT was my first choice and ended up being the only place I got rejected from, did not apply to HBS for a number of reasons

i thought the mit interview went well but apparently not

now leaning towards Wharton unless I get a major scholarship at darden or yale

either way, wharton will probably be too much to pass on
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Hi all,

Great site, great info. I have done a lot of reading here in the last week while I prepped for the GMAT and it was very helpful. In any case I am looking for some application advice for Fall 11. I know I am coming late to the party, but military obligations being what they are... sometimes late is the best you can get.

I'll start with my qualifications:
B.S. Actuarial Science, Ohio State University, Magna, 3.7 GPA
GMAT: 730 (Q-49, V-41), I did not prep much so I could probably do better if I needed to.
15 years in the military, first 11 in the Marines (E-1 to E-7) the last four in the Navy (O-1 to O-3). Pretty diverse career that includes two OEF deployments with the Marines, a "Tom Clancy" submarine deployment, some extensive nuclear training and a bunch of important sounding jobs,

Current Situation: Just got off a submarine and I have until June of 2013 to get a Master's, so basically I need to get into a program and start in the fall. I currently live in CT and I cannot move. I need to complete my MBA using a either distance learning or an EMBA program and I am willing to commute for the right combo of school and $$. I don't have a huge pile of cash, I got about 50K of my own to spend on this, the rest would be financed/scholarships.

I am planning on retiring in 2018 and then moving on to either insurance/risk management or finance.

So all this leads to...

1. What schools would I be competitive at for admissions and aid?
2. What DL/EMBA programs do you recommend? (currently looking at Kelley, Tepper and Fuqua)
3. Is it worth retaking the GMAT?

Thanks in advance for any help,

Mike
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That's a pretty impressive GMAT, Mike. Even more so if you've been out of school for a while. I don't profess to be a pro on EMBA programs, but if you're in CT it would be prudent to at least examine the possibility of commuting to Wharton in Philly. They have the most reputable EMBA program in my opinion. It would be a nice little Amtrak journey every couple of weekends, but probably well worth it.
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To any of you that were dinged by HBS- on my ding letter Dee Leopold said she would be giving feedback this week from 8-9 am EST via phone, I actually decided to call to find out what went wrong with my HBS app and got to speak to Dee herself. She gave some specific feedback which I appreciated if nothing else for peace of mind. Just a heads up since tomorrow is probably the last day she will be doing this.

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gunny2ensign
Hi all,

Great site, great info. I have done a lot of reading here in the last week while I prepped for the GMAT and it was very helpful. In any case I am looking for some application advice for Fall 11. I know I am coming late to the party, but military obligations being what they are... sometimes late is the best you can get.

I'll start with my qualifications:
B.S. Actuarial Science, Ohio State University, Magna, 3.7 GPA
GMAT: 730 (Q-49, V-41), I did not prep much so I could probably do better if I needed to.
15 years in the military, first 11 in the Marines (E-1 to E-7) the last four in the Navy (O-1 to O-3). Pretty diverse career that includes two OEF deployments with the Marines, a "Tom Clancy" submarine deployment, some extensive nuclear training and a bunch of important sounding jobs,

Current Situation: Just got off a submarine and I have until June of 2013 to get a Master's, so basically I need to get into a program and start in the fall. I currently live in CT and I cannot move. I need to complete my MBA using a either distance learning or an EMBA program and I am willing to commute for the right combo of school and $$. I don't have a huge pile of cash, I got about 50K of my own to spend on this, the rest would be financed/scholarships.

I am planning on retiring in 2018 and then moving on to either insurance/risk management or finance.

So all this leads to...

1. What schools would I be competitive at for admissions and aid?
2. What DL/EMBA programs do you recommend? (currently looking at Kelley, Tepper and Fuqua)
3. Is it worth retaking the GMAT?

Thanks in advance for any help,

Mike

Mike,

I don't know much about part time/EMBA programs but as far as your stats, i would not retake gmat. Gmat is used to gauge your intellectual horsepower and your GPA/technical work experience more than confirm that you have what it takes. I would turn your focus to applications-related stuff like essays or just a thorough EMBA search in general. As far as financial compensation, are you planning on using GI bill while on active duty?

I would second the Wharton EMBA program since you are interested in finance, and not just because I'm going there this fall :-D

Helpful article about 'commuting MBA candidates' who take it to the extreme from B-week..."Meet The Big Commuters On Campus"

https://www.businessweek.com/magazine/co ... =rss_magzn
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Unfortunately, I used most of my GI Bill getting my BS at tOSU. I think I have a few months of eligibility left, not enough to really even count on.
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Well, I found out that I have a lot more eligibility on the GI bill than I thought ~18months, so it looks like I will have more money than I thought. I have also decided to take on some debt, so I am putting all my eggs in the MIT EMBA basket with Kelley as my safety valve. So I now have the joy of completing one million 500 word essays.
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•Currently the Post-9/11 GI Bill pays up to the highest public in-state undergraduate tuition and fees.
•Effective August 1, 2011 the Post-9/11 GI Bill will pay all pay:
◦all public school in-state tuition and fees or
◦up to $17,500 annually for a private school.

Am I reading this right? Grad school (MBA) will be completely covered for in-state students at a public school? I can't get a straight answer from my current school's VA or grad school's VA.

What if I am granted in-state tuition and a scholarship (I have 100% and 2 years remaining), will I get the extra money or does it go back to good old Uncle Sam? I can't get answers from anyone who is supposed to have them, any insight would be helpful.
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mbanimal2011
•Currently the Post-9/11 GI Bill pays up to the highest public in-state undergraduate tuition and fees.
•Effective August 1, 2011 the Post-9/11 GI Bill will pay all pay:
◦all public school in-state tuition and fees or
◦up to $17,500 annually for a private school.

Am I reading this right? Grad school (MBA) will be completely covered for in-state students at a public school? I can't get a straight answer from my current school's VA or grad school's VA.

What if I am granted in-state tuition and a scholarship (I have 100% and 2 years remaining), will I get the extra money or does it go back to good old Uncle Sam? I can't get answers from anyone who is supposed to have them, any insight would be helpful.


mbaanimal,

Looking through the GI Bill info online, it seems the answer is YES, starting August 1st, all public school students will be covered for ALL in-state tuition and fees. You should NOT get compensated directly for excess GI bill money. GI bill money goes straight to the school and the final 'bill' you get is the amount after the GI bill contribution is made.

Example: your school tuition is $18.5k and the GI bill capt is $17.5k, the registrar's office will simply charge you a bill of $1k, it's not like you get that $17.5k in your bank account like a paycheck and then you turn around and pay the school.

A few landmines- key word is 'IN-STATE TUITION'- not all military members are considered in-state students for all public schools, so if you are an OUT-of-state student and your school charges you say 10$k and the IN-state rate is only 5k$ then it sounds like you are on your own for the remaining $5k.

Also keep in mind the govt is the 'last payer'- if you have scholarships that are only to be used for tuition, in the above example your $18.5k school offers you a scholarship to be used only for tuition of $5k, that leaves you with a balance of $13.5k which now the GI bill will pay the $13.5k of. You would NOT receive the 'excess' $4k that your scholarship generated.

Keep in mind though, not ALL scholarships are tuition only- some are a direct compensation to you in cash form.

So to answer your question, it DEPENDS on the terms of the scholarship that the school provided you- read the fine print or ask the financial aid office.

What IS a direct deposit to you is the BAH provided by the GI bill. As long as you are carrying the minimum 'load' of courses, the GI bill WILL give you the entire BAH for that school zip code, and it is up to you how to spend it!

Second, another interesting line I found was: "Students can be reimbursed for more than one "licensing and certification" test, and can also be reimbursed for fees paid to take national exams used for admission to an institution of higher learning such as the SAT, ACT, GMAT, LSAT, eta. (effective August 1,2011)." Would have been nice considering the 500$+ i spent on multiple GMATS and reschedules due to military commitments.
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Any matriculating mil students out there having horror stories with the GI bill process?

Wharton has 30 Yellow Ribbon slots open for their MBA program for the COMBINED two years of current students, which are apparently all full.

The financial aid office said my eligibility on getting one of those Yellow Ribbon slots (valued at $20k- $10k from Penn, $10k from VA) depends 1. on the number of graduating Yellow Ribbon students that will 'open' up slots for incoming students and 2. the 'first come first served' concept. The financial aid office said they will know how many slots open around the end of May once matriculation and graduation processes are complete- so I better get my paperwork to them ASAP.

I completed my e-benefits VA application as soon as I got my Wharton admissions letter so I could get the 'letter of eligibility' which would secure my place in line for Wharton.. only to be told it can take up to 45 days to 'process' my paperwork.. exactly how long does it take for someone to look up my records to see that yes, I am eligible for 100% of the GI bill?? :roll:

Annoyed at the prospect that I could be losing out on $20k in tuition because of speedy VA bureaucracy.

For the benefit of future students- anyone know if you need to actually be accepted to a school first before filing for your GI bill benefits on the eBenefits website? Or could I have done this months ago, before I actually knew what school I was going to go to?
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Kb,
Thanks for the info and your take on my situation. I am out of state, but as part of my scholarship I have been granted in-state tuition. I was told that the additional cash scholarship would go to me directly. I have already used 1 year of the post 9/11 to finish undergrad. Definitely going to check the fine print and figure out for sure what is up, I just cant fathom a free mba, let alone a kickback.One thing I have learned is that mba programs and the VA/fa offices do not work together or understand each other. It is often helpful to talk to them all, read the language in the GI bill and go from there. Good luck on getting that slot.
One other thing, get all paperwork in asap. I am bringing all filled out docs to the VA this weekend since I'm going to an admit weekend. VA can get backed up especially when new changes go into effect which will be the case this august. I have all the paperwork that my program requires, if anyone needs them send me a direct message and I will hook u up.

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Also yes u can fill out fafsa and GI bill application online well before u are admitted. Once u pick a school u will have to file additional paperwork through them. If u used benefits at a previous institution u will have to fill out a transfer form. Heads up, get your classes picked early and be aware that it is very difficult to drop and add classes, which is more for undergrads but good to know. Overall there is just a few extra steps to registering. I have not had a problem with the post 9/11 this past year, just a bit of a headache when I had to swap classes

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gunny2ensign
Hi all,

Great site, great info. I have done a lot of reading here in the last week while I prepped for the GMAT and it was very helpful. In any case I am looking for some application advice for Fall 11. I know I am coming late to the party, but military obligations being what they are... sometimes late is the best you can get.

I'll start with my qualifications:
B.S. Actuarial Science, Ohio State University, Magna, 3.7 GPA
GMAT: 730 (Q-49, V-41), I did not prep much so I could probably do better if I needed to.
15 years in the military, first 11 in the Marines (E-1 to E-7) the last four in the Navy (O-1 to O-3). Pretty diverse career that includes two OEF deployments with the Marines, a "Tom Clancy" submarine deployment, some extensive nuclear training and a bunch of important sounding jobs,

Current Situation: Just got off a submarine and I have until June of 2013 to get a Master's, so basically I need to get into a program and start in the fall. I currently live in CT and I cannot move. I need to complete my MBA using a either distance learning or an EMBA program and I am willing to commute for the right combo of school and $$. I don't have a huge pile of cash, I got about 50K of my own to spend on this, the rest would be financed/scholarships.

I am planning on retiring in 2018 and then moving on to either insurance/risk management or finance.

So all this leads to...

1. What schools would I be competitive at for admissions and aid?
2. What DL/EMBA programs do you recommend? (currently looking at Kelley, Tepper and Fuqua)
3. Is it worth retaking the GMAT?

Thanks in advance for any help,

Mike

Mike,

Good to see another bubblehead on the board. To echo what everyone else has said, your work experience, GPA, and GMAT score are all money. I'm sure you'll be able to get into any of the programs you want. Good luck!
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So I have decided to apply to Sloan, Stern and Kelley and I think I prefer them in that order. I have an interview at NYU in May and a phone information session with Sloan on Wednesday. Now it is a matter of finishing the apps and seeing where I can get in.
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First off, CONGRATULATIONS to all my fellow brothers and sisters in arms who are getting into these top tier schools! It is amazing to see how well the military is represented throughout the nation's elite business schools and should be fun to see which former military officers or enlisted members skyrocket to the top of major corporations. It has been interesting to watch some of my mentors from the Air Force Academy who had strong MBAs transition from the military when the AF decided to force shape officers and see the routes they have taken post military.

For someone who is transitioning in 2013, what advice would you give for getting into the school of your choice? What things do you wish you had known at the beginning of the application process that you know now? What can be done two years out to help ease the process? There is obviously a lot of work that goes into a successful business school application but maybe there are a few particular lessons learned that would be beneficial to those who are coming after you.

Best of luck to all of you and I hope to meet a few of you on campus tours when I link up with the Veteran's Clubs.

Also, please keep us informed of the GI Bill benefits and how much they are actually kicking in to your tuition expenses.
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I am going to cancel my NYU interview because I am no longer interested. It just doesn't seem like the right school for me. I feel like if I went to NYU it would be solely for the name (not necessarily a bad thing, but not what I am looking for).

My phone interview/information session with MIT went very well, and I am very excited about those prospects.

Indiana remains a back up plan.
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calliuk6
First off, CONGRATULATIONS to all my fellow brothers and sisters in arms who are getting into these top tier schools! It is amazing to see how well the military is represented throughout the nation's elite business schools and should be fun to see which former military officers or enlisted members skyrocket to the top of major corporations. It has been interesting to watch some of my mentors from the Air Force Academy who had strong MBAs transition from the military when the AF decided to force shape officers and see the routes they have taken post military.

For someone who is transitioning in 2013, what advice would you give for getting into the school of your choice? What things do you wish you had known at the beginning of the application process that you know now? What can be done two years out to help ease the process? There is obviously a lot of work that goes into a successful business school application but maybe there are a few particular lessons learned that would be beneficial to those who are coming after you.

Best of luck to all of you and I hope to meet a few of you on campus tours when I link up with the Veteran's Clubs.

Also, please keep us informed of the GI Bill benefits and how much they are actually kicking in to your tuition expenses.

So you'll be looking to start school in Fall 2013? In that case you've got plenty of time to get all your stuff in one bag. Here are a few of the things I would do:

-It looks like you've already made a tentative school wishlist, so try to visit a few of them during leave periods if at all possible. If not, make email contact with their vets clubs (or any other career/interest groups) and get some insider information from them--if you aren't able to visit prior to applying, you can still demonstrate knowledge of the school and its culture in your essays and interviews by talking about the things you've learned from students.
-Make sure your possible schools match up with your career goals and where you want to live post-MBA--don't just pick based on location or ranking or brand or whatever. Some "lower-ranked" schools are better-suited in particular fields or locations than their higher-ranked counterparts. On that note, do as much research into your anticipated career path as possible--that knowledge will help you write more convincing essays.
-Check out the applications for your possible schools. Most keep their essays fairly consistent from one year to the next so it wouldn't hurt to start keeping a notebook or Word document where you can scribble ideas for essays as they pop into your head...particularly for something like Stanford Essay #1. You don't want to try to write that one from scratch a month before the application deadline.
-Depending on what your optempo is like, now may be as good a time as any to prep for the GMAT. Scores are good for 5 years, so if you can get a solid score now that'll save you a lot of headaches once you get into application season. Or if you're not going to take it yet, start studying by bits and pieces now rather than saving all your studying for later on...you can find a few options with "GMAT question of the day" type offerings that wouldn't be a bad idea.
-As for books, Montauk's "How to Get Into the Top MBA Programs" was a pretty good intro and overview for me, aside from the sample essays which were mostly either out of date or awful or both. For GMAT prep I liked the MGMAT 8-book series along with the OG.
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