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Updates from MIT Sloan

As per the official communication we have received, MIT Sloan has taken the following steps in response to the COVID-19 situation.
  • Extended Round 3 Deadline for the Full-time MBA applicants who are not able to apply by the original Round 3 deadline. These candidates can apply until June 15, 2020
  • Same for the Sloan Fellows program. They will continue to accept applications for the SFMBA Class of 2021 until May 1, 2020 and release decisions on a rolling basis.
  • Applicants may apply without a GMAT, GRE, or EA score. If admitted, admission will be conditional upon obtaining a minimum score set forth in the admission letter prior to matriculation.
  • MIT will accept test scores from the online versions of the GMAT, GRE, or EA.
  • If any questions, schedule a one-on-one call with an Admissions Representative. Sign up for a time here. https://applymitsloan.mit.edu/portal/SF ... Discussion
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Georgetown McDonough has pushed back its start date to September 8 and the international orientation will be held on August 17.
This was communicated through an email and an updated calendar for fall semester has been shared!

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Meanwhile.... MBA students demand tuition fee refunds over campus closures.

MBA students at some of the world’s leading business schools are demanding a refund on their tuition fees as compensation for campus closures and the switch to what they view as inferior online learning.

A petition circulating among students at The Wharton School, where fees alone for a two-year MBA degree can exceed $160,000, has received close to 900 signatures, equivalent to a single year’s intake.

At Stanford’s Graduate School of Business, where the two-year MBA programme costs $150,000 in fees, an online petition has been signed by the equivalent to 80 per cent of the class. Students have made similar demands at Northwestern University’s Kellogg School of Management and at Insead.


https://www.ft.com/content/d093664c-038 ... 7230e2104f

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Great info. To add to it, even this year admits are talking about tuition fee considerations if fall semesters are partially / or fully online.

bb
Meanwhile.... MBA students demand tuition fee refunds over campus closures.

MBA students at some of the world’s leading business schools are demanding a refund on their tuition fees as compensation for campus closures and the switch to what they view as inferior online learning.

A petition circulating among students at The Wharton School, where fees alone for a two-year MBA degree can exceed $160,000, has received close to 900 signatures, equivalent to a single year’s intake.

At Stanford’s Graduate School of Business, where the two-year MBA programme costs $150,000 in fees, an online petition has been signed by the equivalent to 80 per cent of the class. Students have made similar demands at Northwestern University’s Kellogg School of Management and at Insead.


https://www.ft.com/content/d093664c-038 ... 7230e2104f

Posted from my mobile device
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Great info. To add to it, even this year admits are talking about tuition fee considerations if fall semesters are partially / or fully online.


Thanks for the perspective and thanks for chining in! Thinking about it, I don’t think schools costs are less if classes are online... but the bigger question will be the undergrad market and undergrad tuition. I feel that the undergrad decision will decide the MBA tuition date.

If there is a reduction, it will come out of school’s pockets or endowment... and Online MBA programs are probably standing to gain now since they are much better equipped to handle this corona mess....

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Yes!! Totally agree with you. I am the customer this time but I cannot ignore the fact that school costs will remain almost the same and they will have to really empty their own coffers for this. Professors won’t take cost cuts (and I won’t even want anybody to, to be honest). It is very tough to ask even (given I put myself in their shoes). But as an international student, I also want the schools to know that the experience on a zoom class, that also right in the beginning, will nowhere be able to justify the tuition we pay!! And it will be a compromised experience (which will force many to defer).

It is a very tough call and admits are reaching out to adcoms. As situations are very dynamic and nobody knows how this is going to pan out, I believe schools will try and suppress this as of now without commenting anything concrete.

I’ll keep it posted here if I get some concrete info for any schools.

bb
RicAssassin
Great info. To add to it, even this year admits are talking about tuition fee considerations if fall semesters are partially / or fully online.


Thanks for the perspective and thanks for chining in! Thinking about it, I don’t think schools costs are less if classes are online... but the bigger question will be the undergrad market and undergrad tuition. I feel that the undergrad decision will decide the MBA tuition date.

If there is a reduction, it will come out of school’s pockets or endowment... and Online MBA programs are probably standing to gain now since they are much better equipped to handle this corona mess....

Posted from my mobile device
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Thank you!!!! I think all education institutions are generally slow and conservative so it will take them a long time to make any kind of a decision.

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May be not related directly to the thread but there are news about issues with Zoom's cyber security.
See this:
https://www.techrepublic.com/article/35 ... ty-issues/
https://www.theverge.com/2020/4/8/21213 ... gouts-meet

as if the times weren't enough crazy. :(
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Updates from MIT Sloan
As per the official communication we have received, MIT Sloan has taken the following steps in response to the COVID-19 situation.
[list][*]Extended Round 3 Deadline for the Full-time MBA applicants who are not able to apply by the original Round 3 deadline. These candidates can apply until June 15, 2020
[*] Same for the Sloan Fellows program. They will continue to accept applications for the SFMBA Class of 2021 until May 1, 2020 and release decisions on a rolling basis.
[*]Applicants may apply without a GMAT, GRE, or EA score. If admitted, admission will be conditional upon obtaining a minimum score set forth in the admission letter prior to matriculation.
[*]MIT will accept test scores from the online versions of the GMAT, GRE, or EA.
Narenn
What does it mean? Clarify it if possible.
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[size=110]If admitted, admission will be conditional upon obtaining a minimum score set forth in the admission letter prior to matriculation.
Narenn
What does it mean? Clarify it if possible.

MIT also has not clarified this point further but as far as my understanding goes, they will evaluate your candidacy based on your essays, recommendations, resume, & other profile factors. If you get admitted, there will be a condition to take the GMAT prior to matriculation and get a minimum pre-specified score. If you don't get that much score your acceptance will be annulled. Whether this pre-specified score is different for every individual or not? We don't know but looking at the message it seems like it.
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Student assembly of Cornell University unanimously passed a resolution calling for Cornell’s graduate programs to temporarily waive GRE and GMAT test requirements for the fall 2020 semester. https://cornellsun.com/2020/04/09/s-a-a ... quirement/
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I just heard from DannyMcBride that some of the Yale SOM students have made a petition to reimburse 1/4th of the tuition.

https://www.change.org/p/yale-school-of ... om-tuition
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I just heard from DannyMcBride that some of the Yale SOM students have made a petition to reimburse 1/4th of the tuition.

https://www.change.org/p/yale-school-of ... om-tuition

Similar news though less public were reported by the Financial Times over the weekend:

https://www.ft.com/content/d093664c-038 ... 7230e2104f


MBA students demand tuition fee refunds over campus closures.

MBA students at some of the world’s leading business schools are demanding a refund on their tuition fees as compensation for campus closures and the switch to what they view as inferior online learning.

A petition circulating among students at The Wharton School, where fees alone for a two-year MBA degree can exceed $160,000, has received close to 900 signatures, equivalent to a single year’s intake.

At Stanford’s Graduate School of Business, where the two-year MBA programme costs $150,000 in fees, an online petition has been signed by the equivalent to 80 per cent of the class. Students have made similar demands at Northwestern University’s Kellogg School of Management and at Insead.
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Update from INSEAD.

INSEAD has extended the application deadlines for the January 2021 intake.

Round 2: 06 May 2020 May 20th, 2020

Round 3: 24 June 2020 July 1st, 2020

Round 4: 28 July 2020 August 5th, 2020

Additionally, INSEAD is allowing at the moment to submit applications without a GMAT/GRE score until test centers reopen.

Warm regards
Alex
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Additionally, INSEAD is allowing at the moment to submit applications without a GMAT/GRE score until test centers reopen.

Thank you, Alex! Is there any clarification on what sort of conditions attached? Will they be accepting test scores later or what?
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Hi Narenn,

yes, before releasing a final admissions decision, INSEAD will still require a score. So, it is not that INSEAD is completely waiving the GMAT/GRE requirement. INSEAD simply doesn't want applicants to wait until having a score to apply. But as soon as test centers reopen (or GMAT is available online) applicants will have to submit their scores.

I hope this clarifies.

Thank you
Alex
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Hi Narenn,

yes, before releasing a final admissions decision, INSEAD will still require a score. So, it is not that INSEAD is completely waiving the GMAT/GRE requirement. INSEAD simply doesn't want applicants to wait until having a score to apply. But as soon as test centers reopen (or GMAT is available online) applicants will have to submit their scores.

I hope this clarifies.

Thank you
Alex
Great! Thanks for the clarification.
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