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Received multiple fee waivers without attending any events. Weird?

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Received multiple fee waivers without attending any events. Weird?  [#permalink]

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New post 21 Sep 2018, 09:10
Hello,

Just wondering if I could get some insight from experts but I have received fee waivers from following schools, i.e, without asking or attending any of their online/offline events:

McCombs - $225 waived for R1
Simon - Not only they have waived my app fee, they have approved my travel stipend, hotel accommodation etc to visit their campus events in Oct
Katz - Waived app fee
Jones - Received an email, and a call from school if I had any questions for application

Now, I should be feeling happy to have all this, right? But my concern is that even though I have strong profile in every front (top undergrad and grad schools, top GPAs, tons of international exposure, co and extra curricular etc), my GMAT score is just 690 (Q51, V31) which I was planning to improve in 2nd attempt in December for R2 applications. Now I feel tempted to apply during R1.

What I came to know from others is that schools sometime send out waivers to candidates who are likely to be rejected so that they can inflate their rejection rates. Seems weird to me but may happen as well.

Any thoughts please?
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Re: Received multiple fee waivers without attending any events. Weird?  [#permalink]

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New post 21 Sep 2018, 10:27
Hi. Your GMAT is at the high range of those school average/median GMAT scores. Katz, Simon, and Jones probably have 550 and 650 averages. McCombs is 703 - very close. The waivers/invitations are likely based on your GMAT Score since this year many schools are expecting a lower applicant volume due to the economy and jobs going strong for upteenth year in a row.

Waivers are common and are a tool that allows schools to get more people to apply and encourages applicants who would not have otherwise applied to do so.... esp if you have not sent the scores to the schools or you sent them but did not start your applications.

I don't think this is designed to fail people, rather to invite more people to apply than otherwise would have been, so you are not cannon fodder but you are not guaranteed a spot either, though again, a 690 will be a strong score in any of those schools. Take a look at the decision tracker for McCombs: https://gmatclub.com/forum/mccombs-203/ ... acker.html and go back to Class of 2020 (last year) and you will see plenty of folks with 600's, so no, 690 is not a BAD score and definitely is worthwhile in a number of programs. However, as the rule goes - apply only to schools that you intend to attend if you get admitted as otherwise, you are wasting a lot of effort and energy you could direct towards worthwhile applications.

Good Luck!
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Re: Received multiple fee waivers without attending any events. Weird?  [#permalink]

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New post 21 Sep 2018, 12:17
Sounds good, encouraging and exciting. I think I am gonna apply for McCombs, Rice, and Simon during R1.

More later in R2 for target schools. Hopefully, GMAT won't disappoint 2nd time.
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Re: Received multiple fee waivers without attending any events. Weird?  [#permalink]

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New post 21 Sep 2018, 22:41
gmatenthureturns wrote:
Sounds good, encouraging and exciting. I think I am gonna apply for McCombs, Rice, and Simon during R1.

More later in R2 for target schools. Hopefully, GMAT won't disappoint 2nd time.


It is probably not a bad practice but please make sure you don't sabotage your GMAT attempt by your applications sucking too much of your time and at the end you will end up with half-baked applications and a lack of improvement in the second attempt. Something to consider :hurt:
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Re: Received multiple fee waivers without attending any events. Weird?  [#permalink]

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New post 28 Sep 2018, 08:30
bb wrote:
gmatenthureturns wrote:
Sounds good, encouraging and exciting. I think I am gonna apply for McCombs, Rice, and Simon during R1.

More later in R2 for target schools. Hopefully, GMAT won't disappoint 2nd time.


It is probably not a bad practice but please make sure you don't sabotage your GMAT attempt by your applications sucking too much of your time and at the end you will end up with half-baked applications and a lack of improvement in the second attempt. Something to consider :hurt:


Hi bb, great thought, and I agree. Moreover, this is my last GMAT attempt so its now or never.

On a different note, I was talking to my admission consultant yesterday and kind of trying to convince them to let me apply for McCombs and Fuqua with my current GMAT score. I referred to your note above saying that schools are expecting fewer applications this year so average GMAT might go down and I might be okay applying to those schools. They were not convinced and told me that average scores are going up for past two years and they see even more applications this year than previous years, so its unlikely the average scores will drop.

Just wondering, where did you get this idea of expected fewer apps and reduced scores? It will just help me instill some more confidence with my applications.

Thank you again!
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Received multiple fee waivers without attending any events. Weird?  [#permalink]

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New post Updated on: 28 Sep 2018, 10:36
gmatenthureturns wrote:
bb wrote:
gmatenthureturns wrote:
Sounds good, encouraging and exciting. I think I am gonna apply for McCombs, Rice, and Simon during R1.

More later in R2 for target schools. Hopefully, GMAT won't disappoint 2nd time.


It is probably not a bad practice but please make sure you don't sabotage your GMAT attempt by your applications sucking too much of your time and at the end you will end up with half-baked applications and a lack of improvement in the second attempt. Something to consider :hurt:


Hi bb, great thought, and I agree. Moreover, this is my last GMAT attempt so its now or never.

On a different note, I was talking to my admission consultant yesterday and kind of trying to convince them to let me apply for McCombs and Fuqua with my current GMAT score. I referred to your note above saying that schools are expecting fewer applications this year so average GMAT might go down and I might be okay applying to those schools. They were not convinced and told me that average scores are going up for past two years and they see even more applications this year than previous years, so its unlikely the average scores will drop.

Just wondering, where did you get this idea of expected fewer apps and reduced scores? It will just help me instill some more confidence with my applications.

Thank you again!


I did not say that the scores would go down. How did you arrive to that conclusion?
(edit: GMAC's average scores have been going up for the last 20 years and school's average scores have been going up too - there is a "natural" score inflation happening as better tools and prep methods become available so scores are unlikely to go down - it would be a tough result for a school if that happens).

My comment was referring to why you got waivers and one theory is that the schools that sent you waivers (esp those in the bottom tier) would likely expect fewer applicants this year and thus looking to hedge and recruit more aggressively. It never hurts. Nobody said that you will be accepted because the volume is expected to be lower or that your score is OK at schools that have a much higher average score (where did Fuqua come from?). I just explained why they may have invited you to apply to McCombs, Katz, Simon, and Jones. You should work your ass off - that's your confidence and if you chose a consultant - trust them. They are interested in your success. They don't want you to fail.

You mentioned Katz in your previous post and in this one, you are applying to Fuqua. There is no correlation or any kind of a connection between those programs - you know that right? :-)

You can google and search for MBA Application volume if you have the time to research but it is a fool's errand, quite often, and pure speculation that's best done when you have time on your hands (after you submit). https://www.wsj.com/articles/m-b-a-appl ... 1505727000 but there are different trends in Top 10 vs. Top 50. Top 10 is always competitive, some programs more so than others, but the top 50 and such as Katz and Simon have likely dropped in applicant volume (I have not done the research on this however - you are welcome to if you are looking to apply to these programs).
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Originally posted by bb on 28 Sep 2018, 10:34.
Last edited by bb on 28 Sep 2018, 10:36, edited 1 time in total.
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Received multiple fee waivers without attending any events. Weird?  [#permalink]

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New post 01 Oct 2018, 09:00
FYI - the latest article from WSJ:


Link copied…
U.S. EDUCATION
M.B.A. Applications Keep Falling in U.S., This Year Hitting Even Elite Schools
https://www.wsj.com/articles/m-b-a-appl ... 1538366461
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Received multiple fee waivers without attending any events. Weird? &nbs [#permalink] 01 Oct 2018, 09:00
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