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Re: Calling Simon Rochester MBA Applicants: 2024 Intake Class of 2026
[#permalink]
04 Jan 2024, 07:02
04 Jan 2024, 07:02
AdithyaNam wrote:
You won’t get the deposit back from the schools once you pay it. It is non-refundable.
Thanks, I'm just worried that if I pay the deposit but don't attend the school there will be problems
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Calling Simon Rochester MBA Applicants: 2024 Intake Class of 2026
[#permalink]
Updated on: 05 Jan 2024, 11:02
Updated on: 05 Jan 2024, 11:02
AdithyaNam wrote:
You won’t get the deposit back from the schools once you pay it. It is non-refundable.
To add to that, I would recommend that you evaluate all the offers and pay the deposit for the school that ranks number 1 on YOUR list. So ask yourself this - 'Which is the best offer in front of you and which is the school that you would happily attend - even if you don't get any more admits?' And then you accept that offer and pay the required deposit as you continue applying to other schools in Round-2.
If you secure an admit from an even better school in Round-2 (with hopefully an even better scholarship), you gotta look at it from long-term perspective and forgo the deposit paid earlier.
Re: Calling Simon Rochester MBA Applicants: 2024 Intake Class of 2026
[#permalink]
04 Jan 2024, 23:51
04 Jan 2024, 23:51
sshgysabk wrote:
Anyone can help me? Thanks in advance! I applied to a few schools and got offers, and I’m still applying to other schools, but I need to confirm the acceptance of the other school’s offer and pay a deposit, will there be any effect if I don’t go to the school after I pay the deposit? Or if I pay deposits for several schools at the same time?
Never pay the deposit before negotiating first. There are ways you can get an increase despite that but why would you lose your leverage in the negotiation?
Kepler97 wrote:
To add to that, I would recommend that you evaluate all the offers and pay the deposit for the school that ranks number 1 on YOUR list. So ask yourself this - ’Which is the best offer in front of you and which is the school that you would happily attend - even if you don’t get any more admits?’ And then you accept that offer and pay that deposit as you continue applying to other schools in Round-2. If you secure an admit from an even better school in Round-2 (with hopefully an even better scholarship or some other better metric), you gotta look at it from long-term perspective and forgo the deposit paid earlier. So in essence, pay the deposit now for the best offer/school and start the formalities. Let the others go. And if you get an even better offer in Round-2, you let the deposit go too! In life, you only jump ship once you know there’s a bigger, better ship waiting for you (that is such a bad analogy)!
It is a business decision at the end of the day. It is nothing personal. If it was, why don’t they just hand the money out to everyone out of the goodness of their hearts as opposed to unnecessary merit. They get endowments, why can’t they just keep education free? Coz it is an investment? Please! Even a 5 year old can call that bulls*it
So by all means- BE AS BRUTAL IN NEGOTIATION AS POSSIBLE. Show no mercy, take your money and claim your value
Sounds like a rebellious capitalist but seriously though feel free to reach out I am always happy to help you guys
