Last visit was: 22 Apr 2026, 05:02 It is currently 22 Apr 2026, 05:02
Close
GMAT Club Daily Prep
Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History
Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.
Close
Request Expert Reply
Confirm Cancel
avatar
forumaddict
Joined: 08 Feb 2011
Last visit: 24 Jul 2011
Posts: 150
Own Kudos:
Given Kudos: 1
Posts: 150
Kudos: 10
Kudos
Add Kudos
Bookmarks
Bookmark this Post
avatar
fahim305
Joined: 18 Feb 2010
Last visit: 04 Nov 2011
Posts: 45
Own Kudos:
Given Kudos: 5
Schools:Haas (in); Yale (in); Kellogg (in); Sloan (interview/waiting)
Posts: 45
Kudos: 3
Kudos
Add Kudos
Bookmarks
Bookmark this Post
avatar
fahim305
Joined: 18 Feb 2010
Last visit: 04 Nov 2011
Posts: 45
Own Kudos:
Given Kudos: 5
Schools:Haas (in); Yale (in); Kellogg (in); Sloan (interview/waiting)
Posts: 45
Kudos: 3
Kudos
Add Kudos
Bookmarks
Bookmark this Post
avatar
money9111
avatar
Current Student
Joined: 22 Oct 2010
Last visit: 05 Jul 2017
Posts: 518
Own Kudos:
Given Kudos: 4
Schools:Cornell (accepted)
Posts: 518
Kudos: 25
Kudos
Add Kudos
Bookmarks
Bookmark this Post
fahim305
Forumaddict, regarding rankings, I got into my #1 & #3 schools (for some reason NYU was my #2 and I'm waiting to hear back from them, although I will probably withdraw my app from there anyways), so it's still def possible to get into your top and last choices (I only applied to 3 schools). I think the rankings are more for the full ride than anything else, but I maybe wrong...

Posted from my mobile device

"I think the rankings are more for the full ride than anything else, but I maybe wrong..."

you are correct
avatar
greentea
Joined: 26 Jan 2011
Last visit: 21 Jun 2011
Posts: 134
Own Kudos:
Concentration: Gen
Schools:NYU Stern Class of 2013
GPA: 3.5
WE 1: 3yrs FINANCE
Posts: 134
Kudos: 3
Kudos
Add Kudos
Bookmarks
Bookmark this Post
fahim305
Forumaddict, regarding rankings, I got into my #1 & #3 schools (for some reason NYU was my #2 and I'm waiting to hear back from them, although I will probably withdraw my app from there anyways), so it's still def possible to get into your top and last choices (I only applied to 3 schools). I think the rankings are more for the full ride than anything else, but I maybe wrong...

Posted from my mobile device

I think he's saying that some schools, like NYU, haven't let applicants know if they've been admitted/denied/WL. So the demand for the student via their standing with other schools could sway their admit or fellowship decision. I'm hoping all the schools knew they would A/D/WL you before today otherwise it is an unfair process. I think schools should be required to notify the students of A/D/WL before the consortium meeting to increase transparency.

You also have to factor in that not all students even get consortium membership let alone a fellowship.

I wonder what's the percentage on membership.
avatar
money9111
avatar
Current Student
Joined: 22 Oct 2010
Last visit: 05 Jul 2017
Posts: 518
Own Kudos:
Given Kudos: 4
Schools:Cornell (accepted)
Posts: 518
Kudos: 25
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Maybe I'm an optimist but I can't imagine any school going to that meeting not knowing where a candidate stands with regards to an acceptance or rejection. All of NYU's dates/deadlines are relatively late compared to their peer schools. I mean look at the notification deadline. APRIL 1st!! some schools deposits are due that day lmao
avatar
forumaddict
Joined: 08 Feb 2011
Last visit: 24 Jul 2011
Posts: 150
Own Kudos:
Given Kudos: 1
Posts: 150
Kudos: 10
Kudos
Add Kudos
Bookmarks
Bookmark this Post
fahim305
Forumaddict, regarding rankings, I got into my #1 & #3 schools (for some reason NYU was my #2 and I'm waiting to hear back from them, although I will probably withdraw my app from there anyways), so it's still def possible to get into your top and last choices (I only applied to 3 schools). I think the rankings are more for the full ride than anything else, but I maybe wrong...

Posted from my mobile device
That's why I don't understand why the schools like UT and Yale issue notices before the Consortium meeting. Its not in their interest to do so. Why not wait a few days til the meeting in order to see who's realistically going to matriculate? Unless they are going to offer you their own scholarship, it makes no sense for them to jump the gun. You're right about the FS vs. admit part, I just don't see how anybody in their right mind would turn down a FS offer from a higher ranked school to attend a lesser ranked school with no FS. It's ludicrous.
That's why I think today is really the big decision day for all consortium schools.
avatar
money9111
avatar
Current Student
Joined: 22 Oct 2010
Last visit: 05 Jul 2017
Posts: 518
Own Kudos:
Given Kudos: 4
Schools:Cornell (accepted)
Posts: 518
Kudos: 25
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Cornell also notifies before Consortium...
avatar
forumaddict
Joined: 08 Feb 2011
Last visit: 24 Jul 2011
Posts: 150
Own Kudos:
10
 [1]
Given Kudos: 1
Posts: 150
Kudos: 10
 [1]
1
Kudos
Add Kudos
Bookmarks
Bookmark this Post
money9111
Maybe I'm an optimist but I can't imagine any school going to that meeting not knowing where a candidate stands with regards to an acceptance or rejection. All of NYU's dates/deadlines are relatively late compared to their peer schools. I mean look at the notification deadline. APRIL 1st!! some schools deposits are due that day lmao
Yes, today they are meeting about the FS, but their admissions decisions are inextricably intertwined with the FS decisions. That's why they are all meeting! They say that their admissions decisions are independent, but then why are they collaborating? To compare notes. Yes, the schools control their destiny with regards to the apps who ranked them #1, because the ball is in their court with these applicants. But schools who mostly have #2 and #3 rankings (and there are some of them) are waiting for the #1's to pass them up so they can make a move.

Personally, I think Ross has the right idea by committing to the March 8th notification date so that they force all other schools to have their decisions made by the end of today. The rule is that the #1 school has the right of first refusal on the FS, but if they are not willing or NOT READY to offer the fellowship, then the right shifts down the line. Ross is basically saying, if you're not ready to make a decision on a certain candidate, we are. This forces all schools to accelerate their decisions.
There's no error in my analysis.
avatar
money9111
avatar
Current Student
Joined: 22 Oct 2010
Last visit: 05 Jul 2017
Posts: 518
Own Kudos:
Given Kudos: 4
Schools:Cornell (accepted)
Posts: 518
Kudos: 25
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Then how do you explain schools who have already notified candidates of acceptances? (not being difficult) just trying to understand this whole process. I mean Cornell....Indiana...Emory....USC....Yale... have all notified applicants. So I don't see what you mean re: Ross and their March 8th deadline.
avatar
SureYnot
Joined: 24 Jun 2010
Last visit: 20 Mar 2011
Posts: 31
Own Kudos:
1
 [1]
Schools:NYU (Admit w/ $), UT (Admit w/ ?), CMU (Admit w/ $), UMich (Admit), UVA (Int.), Duke (Int.)
Posts: 31
Kudos: 1
 [1]
1
Kudos
Add Kudos
Bookmarks
Bookmark this Post
What forumaddict described is extremely accurate to what actually happens. The schools ranked less #1 use this draft to manage their yields.

I have a friend who was told directly by an adcom (#3 school) that he got waitlisted because they saw that his #1 school offered him the fellowship at the draft and they knew he would be going to a #1.

I wouldn't say this is the case for all candidates though. Some candidates are definitely admitted regardless of ranking because of their profile. Supposedly there is an agreement amongst the Consortium schools where lower ranked schools (on an applicant's ranking list) will not offer a scholarship that comes close to full tuition...however, this "agreement" is necessarily followed by all schools.

It really just depends on the applicant. Don't believe for a second that the rankings are "just for a fellowship." Rankings matter (more for some schools) and the collaboration amongst the schools really allow for them to manage their yields.
avatar
forumaddict
Joined: 08 Feb 2011
Last visit: 24 Jul 2011
Posts: 150
Own Kudos:
Given Kudos: 1
Posts: 150
Kudos: 10
Kudos
Add Kudos
Bookmarks
Bookmark this Post
money9111
Then how do you explain schools who have already notified candidates of acceptances? (not being difficult) just trying to understand this whole process. I mean Cornell....Indiana...Emory....USC....Yale... have all notified applicants. So I don't see what you mean re: Ross and their March 8th deadline.
I'm guessing that most of those notified of acceptances ranked these schools #1. As for those who were accepted from these, but ranked the schools #3 or lower, I just don't get it. I think it's foolish of the schools to do that. The only explanation is that they think that these candidates will perceive the brand value of Yale to outweigh the $$$ from a lesser regarded school. That may sway some naive candidates, but I'll say that there are only 2 B-schools that would even cause me to hesitate for a moment on this, and neither of them are Cons schools. As for the lesser ranked schools like Indiana and Cornell, they're crazy to admit people at this juncture who ranked them #3 unless they think their profile is not going to appeal to their #2 and #1 (yes, some schools ask which other consortium schools you are applying to).
Assume that the adcoms are savvy. At the end of the day, they want to admit people that they think will matriculate--that is the crux of their mission.
avatar
money9111
avatar
Current Student
Joined: 22 Oct 2010
Last visit: 05 Jul 2017
Posts: 518
Own Kudos:
Given Kudos: 4
Schools:Cornell (accepted)
Posts: 518
Kudos: 25
Kudos
Add Kudos
Bookmarks
Bookmark this Post
"As for the lesser ranked schools like Indiana and Cornell, they're crazy to admit people at this juncture who ranked them #3 unless they think their profile is not going to appeal to their #2 and #1 (yes, some schools ask which other consortium schools you are applying to)." What if they haven't seen the rankings just yet? I know people who have been admitted to Cornell who ranked them 5 and people who have been admitted who ranked them 1.
avatar
SureYnot
Joined: 24 Jun 2010
Last visit: 20 Mar 2011
Posts: 31
Own Kudos:
Schools:NYU (Admit w/ $), UT (Admit w/ ?), CMU (Admit w/ $), UMich (Admit), UVA (Int.), Duke (Int.)
Posts: 31
Kudos: 1
Kudos
Add Kudos
Bookmarks
Bookmark this Post
money9111
Then how do you explain schools who have already notified candidates of acceptances? (not being difficult) just trying to understand this whole process. I mean Cornell....Indiana...Emory....USC....Yale... have all notified applicants. So I don't see what you mean re: Ross and their March 8th deadline.

Most of these schools listed are extremely picky about where you rank them. Most of these schools ding you if you don't rank them #1 or #2 anyway, so there really isn't any risk in notifying them in advance of the meeting. Michigan is the exception...they shoot for the candidates they like, regardless of ranking.
avatar
countdracula
Joined: 02 Feb 2011
Last visit: 09 Mar 2011
Posts: 27
Own Kudos:
Given Kudos: 2
Posts: 27
Kudos: 1
Kudos
Add Kudos
Bookmarks
Bookmark this Post
One thing to put in mind is that these schools go through this process every year. They not only know the candidates but they also know the school recruiters and what each recruiter values in prospective candidates. So I think in any given year, they probably have a pretty good idea about the odds of any given candidate and his or her credentials regardless of fellowship decisions. Not to mention, fellowships probably affect only a few students, so whatever impact a pre-March 1st decision may have on yield, it's probably fairly small(even for schools who only admit ~200, the # of fellowships they give is probably lower as well).

Adding to that, as far as I know, the consortium provides a rare transparency for these schools about the candidate's other school options. Outside of the consortium, they have no idea what other institutions students are applying to. I think they have so much on their plate in reviewing literally thousands of applications that they really don't have time to speculate much. They do their best, is why I think they put attention to fit. An absolute "rock star" with killer GMAT, GPA and work exp and soft skills will probably get rejected to a mid-ranked school that he or she never visited because the admits probably know the candidate will apply to higher regarded schools. Things like relative quality of the candidate, the candidate's post MBA industry intentions, and the candidate's effort to know the school(i.e. visits, etc) probably are the best a school can do to help their yield. I doubt the admits stress that much about fellowships, which impacts about 10 to 40 students at most. Perhaps SOME schools stress about a candidate's fellowship offers, I still doubt it(again, because they only know of Consortium applications), and that sort of stress probably reflects 2 or 3 schools in the Consortium at most.

Lastly, I agree with you about rejecting a fellowship offer, but I have heard of students who have actually rejected fellowships from higher ranked schools. People, unpredictable!
avatar
money9111
avatar
Current Student
Joined: 22 Oct 2010
Last visit: 05 Jul 2017
Posts: 518
Own Kudos:
Given Kudos: 4
Schools:Cornell (accepted)
Posts: 518
Kudos: 25
Kudos
Add Kudos
Bookmarks
Bookmark this Post
Well said Count Dracula... I no longer feel the need to play devil's advocate. I kinda want to believe the conversations go like this:

Darden - "Hey Tuck... how did you feel about candidate X?"
Tuck - "Darden.. ya know.. we really like candidate X but his story just didn't do it for us. Is that how you felt?"
Darden - "OMG we thought we were the only one's who felt that way...he didn't even come to our Diversity Day"
NYU chimes in - "You guys are crazy! Candidate X wrote a phenomenal essay that totally fit with his story. Hope he ranked us first!"
avatar
forumaddict
Joined: 08 Feb 2011
Last visit: 24 Jul 2011
Posts: 150
Own Kudos:
Given Kudos: 1
Posts: 150
Kudos: 10
Kudos
Add Kudos
Bookmarks
Bookmark this Post
countdracula
One thing to put in mind is that these schools go through this process every year. They not only know the candidates but they also know the school recruiters and what each recruiter values in prospective candidates. So I think in any given year, they probably have a pretty good idea about the odds of any given candidate and his or her credentials regardless of fellowship decisions. Not to mention, fellowships probably affect only a few students, so whatever impact a pre-March 1st decision may have on yield, it's probably fairly small(even for schools who only admit ~200, the # of fellowships they give is probably lower as well).

Adding to that, as far as I know, the consortium provides a rare transparency for these schools about the candidate's other school options. Outside of the consortium, they have no idea what other institutions students are applying to. I think they have so much on their plate in reviewing literally thousands of applications that they really don't have time to speculate much. They do their best, is why I think they put attention to fit. An absolute "rock star" with killer GMAT, GPA and work exp and soft skills will probably get rejected to a mid-ranked school that he or she never visited because the admits probably know the candidate will apply to higher regarded schools. Things like relative quality of the candidate, the candidate's post MBA industry intentions, and the candidate's effort to know the school(i.e. visits, etc) probably are the best a school can do to help their yield. I doubt the admits stress that much about fellowships, which impacts about 10 to 40 students at most. Perhaps SOME schools stress about a candidate's fellowship offers, I still doubt it(again, because they only know of Consortium applications), and that sort of stress probably reflects 2 or 3 schools in the Consortium at most.

Lastly, I agree with you about rejecting a fellowship offer, but I have heard of students who have actually rejected fellowships from higher ranked schools. People, unpredictable!
The schools do know which non-consortium schools you are applying to because of your GMAT/GRE score report. There are no secrets here.
avatar
greentea
Joined: 26 Jan 2011
Last visit: 21 Jun 2011
Posts: 134
Own Kudos:
Concentration: Gen
Schools:NYU Stern Class of 2013
GPA: 3.5
WE 1: 3yrs FINANCE
Posts: 134
Kudos: 3
Kudos
Add Kudos
Bookmarks
Bookmark this Post
money9111
Well said Count Dracula... I no longer feel the need to play devil's advocate. I kinda want to believe the conversations go like this:

Darden - "Hey Tuck... how did you feel about candidate X?"
Tuck - "Darden.. ya know.. we really like candidate X but his story just didn't do it for us. Is that how you felt?"
Darden - "OMG we thought we were the only one's who felt that way...he didn't even come to our Diversity Day"
NYU chimes in - "You guys are crazy! Candidate X wrote a phenomenal essay that totally fit with his story. Hope he ranked us first!"

#cosign
avatar
forumaddict
Joined: 08 Feb 2011
Last visit: 24 Jul 2011
Posts: 150
Own Kudos:
Given Kudos: 1
Posts: 150
Kudos: 10
Kudos
Add Kudos
Bookmarks
Bookmark this Post
money9111
"As for the lesser ranked schools like Indiana and Cornell, they're crazy to admit people at this juncture who ranked them #3 unless they think their profile is not going to appeal to their #2 and #1 (yes, some schools ask which other consortium schools you are applying to)." What if they haven't seen the rankings just yet? I know people who have been admitted to Cornell who ranked them 5 and people who have been admitted who ranked them 1.
Yes, but his/her profile may not jibe with Yale, Tuck, Berkley, etc. So Cornell is like, come here, cuz the others won't take ya. If that's not the case, then the Cornell adcom needs some strategic training in admissions optimization. Maybe they should read the infinite sagacity of this forum!
avatar
money9111
avatar
Current Student
Joined: 22 Oct 2010
Last visit: 05 Jul 2017
Posts: 518
Own Kudos:
Given Kudos: 4
Schools:Cornell (accepted)
Posts: 518
Kudos: 25
Kudos
Add Kudos
Bookmarks
Bookmark this Post
@forumaddict - "The schools do know which non-consortium schools you are applying to because of your GMAT/GRE score report. There are no secrets here."

I don't think this is the case because A.) not all candidates put other schools they're applying too in that box during the GMAT, they opt to send them afterwards and GMAC does not include in that report other schools that were also sent the report. If they did then all non-cgsm schools would see where people sent their reports. B.) I don't think schools would base a decision of where a student submitted an application based on schools they simply wanted to send scores too during the GMAT. I mean shoot I marked off Stanford and HBS and knew I was not applying to them. Just wanted to fill in boxes and prolong starting the GMAT

@ForumAddict - "Yes, but his/her profile may not jibe with Yale, Tuck, Berkley, etc. So Cornell is like, come here, cuz the others won't take ya. If that's not the case, then the Cornell adcom needs some strategic training in admissions optimization. Maybe they should read the infinite sagacity of this forum"

Well then it wouldn't just be Cornell... it would be ALL schools who notified of decisions before this meeting.

LMAO @ "infinite sagacity"
   1  ...  69   70   71   72   73  ...  132   
Moderator:
GMAT Club Verbal Expert
7391 posts