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Manager
Joined: 13 Aug 2014
Posts: 61
Given Kudos: 6
Location: United States
Concentration: Real Estate, Finance
Schools: CBS '17 (M)
GMAT 1: 680 Q43 V40
GPA: 3.61
WE:Military Officer (Military & Defense)
Re: Calling ALL Admitted CBS Folks - Class of 2017
[#permalink]
03 Mar 2015, 06:04
03 Mar 2015, 06:04
Tegan490 wrote:
question on re vera-was looking in app and bonus in my first year was off by a nominal amount (VERY nominal amount-and I stated it was below what it actually was, so not like I am trying to make myself look great, this makes me look better...realized after the fact I had looked at data that was slightly off)-do you think this is cause for any concern? Probably best if I just wait and see if it actually presents any issue?
I don't think so but then again I started this in late October, they asked for verification of my military service January 4th and I haven't heard from them since so it seems to be an agonizingly slow process. I have no idea whats going on right now, but based on what I have heard no news is generally good news. It will just be easier when its all complete and there is resolution.
Intern
Joined: 06 Mar 2014
Posts: 25
Given Kudos: 1
Concentration: General Management, International Business
Schools: CBS '17 (A) Ross '17 (II)
GMAT 1: 760 Q51 V41
WE:Investment Banking (Investment Banking)
Re: Calling ALL Admitted CBS Folks - Class of 2017
[#permalink]
03 Mar 2015, 08:20
03 Mar 2015, 08:20
wnoyes wrote:
Tegan490 wrote:
question on re vera-was looking in app and bonus in my first year was off by a nominal amount (VERY nominal amount-and I stated it was below what it actually was, so not like I am trying to make myself look great, this makes me look better...realized after the fact I had looked at data that was slightly off)-do you think this is cause for any concern? Probably best if I just wait and see if it actually presents any issue?
I don't think so but then again I started this in late October, they asked for verification of my military service January 4th and I haven't heard from them since so it seems to be an agonizingly slow process. I have no idea whats going on right now, but based on what I have heard no news is generally good news. It will just be easier when its all complete and there is resolution.
To my understanding Revera typically tries to reconcile the amounts and understand the source of the figures you quoted on the application. There may be minor variations such as those based on difference in income currency and your assumption of exchange rate etc. However, if they are not able to reconcile / get satisfactory explanation from you, they will report the matter to CBS adcom without a verdict. Then adcom figures out what to do with it. Key is that there should be an explanation.
As noted by others here, you get a notification from CBS admissions office once the verification is complete.
Re: Calling ALL Admitted CBS Folks - Class of 2017
[#permalink]
03 Mar 2015, 09:39
03 Mar 2015, 09:39
Tegan490 wrote:
question on re vera-was looking in app and bonus in my first year was off by a nominal amount (VERY nominal amount-and I stated it was below what it actually was, so not like I am trying to make myself look great, this makes me look better...realized after the fact I had looked at data that was slightly off)-do you think this is cause for any concern? Probably best if I just wait and see if it actually presents any issue?
Not an issue. Same thing happened to me. I asked my reviewer and they said that they have leeway built in for things like this. Unless it was egregious e.g. you said your bonus was $1m when it was $100k, don't worry about it at all.
Edit: I have passed the Re Vera process
