rgupta83
I have to agree with the others. Applying to one school is dangerous if there are other school you are set on attending. Even if the school asks you what schools, you need a good reason why Booth and only booth works for you. Staying in Chicago, you will need to be able to explain why NW which is also a top tier program does not work.
The way I approach it, is if there is no other school you are willing to attend it makes sense.
If there are other schools I think it is a mistake. You could focus on Booth for R1, based on that outcome apply to other schools in R2, this way you will know about booth before you submit other applications.
Good Luck with the process!
Thank you for all of the feedback.
Lest I sound completely naive, I should probably outline some of my reasoning. For me, the decision to apply to one school now came down to a number of factors. First off, I am currently working for an early stage start-up. Although it has been a decent learning experience, I have to consider the possibility that it may not work out. More importantly, however, the past four months have made me realize just how much of a gap I have between my current skillset/experience and the career opportunities I find most interesting.
I did consider applying next year, however, three things occurred to me:
1. Will my 'profile' improve significantly between now and then? The way I see it, the time cannot help matters.
2. Will my application significantly improve in that time? It may improve some, but I do not see any significant changes taking place.
3. I was interviewed last year, so there is a chance I only need slight improvement to change that ding into an admit.
That said, I would put my chances of acceptance at 20-40%. After I apply, I will visit a couple other schools (Ross, Fuqua, and Haas come to mind for Consulting). If the startup falls through and school becomes a more urgent necessity, then I apply in Round 3 or apply for Round 1 for next year.
One of the major positives, though, is that by imagining I have a shot with Chicago that I have stepped up my research. I attended an informational session, visited campus, talked to several students while on campus, e-mailed another after the visit, and spoke with another on the phone today. I am also looking through course lists and descriptions to identify any that sound interesting. In talking with students, it is easy to get very busy, very fast. My hope is that if I have a solid idea of what I'd like to get out of my experience there, I'll be able to make a solid case. Who knows, perhaps it will become a self-fulfilling prophecy.
In a perfect world, every student would realize far in advance that business school is essential. They would each apply to 6 schools (2 stretch, 3 reasonable, 1 safety), would visit all of these schools and thoroughly research them. For those for whom this does not apply, I hope this post helps.
Thanks for the luck - I will definitely need it!