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Actually the reason some schools don't participate in the consortium, from what I hear, is that each member school has to be voted in by the other members. Why would NYU want to vote in Columbia? Why would UNC vote in Duke? None of the schools want HBS, wharton, or Stanford in there.
Just relaying something I've heard.
Posted from my mobile device
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Both USC and UCLA are in the consortium, even though they were both added at the same time. I guess that's one way to have two rival schools in the consortium.
Yea that whole debt vs fellowship is what I been thinking about as well. Hopefully I will have to end up deciding between Tepper and Stern. SB: Has anyone filed their FAFSA yet? Theres a question there about student assests. Why does the guberment wanna know how much bread I got?
Yea that whole debt vs fellowship is what I been thinking about as well. Hopefully I will have to end up deciding between Tepper and Stern. SB: Has anyone filed their FAFSA yet? Theres a question there about student assests. Why does the guberment wanna know how much bread I got?
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To decide your need. If you do the fafsa and it decides that you are DIRT poor, most schools will often add some money to your awards packages. Plus, if you are super poor, you qualify for the low interest, subsidized loans.
Yea that whole debt vs fellowship is what I been thinking about as well. Hopefully I will have to end up deciding between Tepper and Stern. SB: Has anyone filed their FAFSA yet? Theres a question there about student assests. Why does the guberment wanna know how much bread I got?
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money talks and ost other things walk. I recently spoke to a wharton grad, who told me that if she could do it all over again, she would have gone the Consortium route because the job prospects are substantially similar, and she's got 160K of debt to pay. (btw, that's not dischargeable in bankruptcy, so they are with you til the day you die)
My Friends at Wharton and HBS feel the same way, they would rather go with a consortium school (FS) if they had to do it again. Their sign on bonus might be a little higher than the sign on bonuses for other MBA students, but their base salary is the same.
Are we really going to convince ourselves that a top 30 school is as good as a top5 or 10 school? I think a top 30 school is great and I applied to Emory which is ranked right outside of the top 20. While starting salaries may be comparable the opportunities that comes with a H/W/S/Booth MBA is sizeably better. Walking away with 160k bill from Harvard doesnt mean anything in 20 years when you have made more than 1 mil more than a school not in the top 15 or 20. #justbeingreal
Are we really going to convince ourselves that a top 30 school is as good as a top5 or 10 school? I think a top 30 school is great and I applied to Emory which is ranked right outside of the top 20. While starting salaries may be comparable the opportunities that comes with a H/W/S/Booth MBA is sizeably better. Walking away with 160k bill from Harvard doesnt mean anything in 20 years when you have made more than 1 mil more than a school not in the top 15 or 20. #justbeingreal
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You are right to an extent dapeople....however, Havard will not give you 1 million extra, its the role you play, and how much you work, and push yourself that will give you that whooping 1 million extra.... opportunity does not equal preparedness
Originally posted by kn2130 on 02 Mar 2011, 08:09.
Last edited by kn2130 on 03 Mar 2011, 12:20, edited 1 time in total.
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On another note, I just want to say that I spent all night dreaming about the Consortium meeting yesterday. The odd thing is that since I applied R1 I found out applied admission and scholarship almost 2 months ago, so I can only imagine how you guys are feeling right now. i was literally tossing and turning all night dreaming about it. KUDOS to those of you on your second go around. I don't know if I could pull this off again! Good luck to everyone!!!
Lol, oh sorry to hear that. I must have missed that part. I got into Emory but I'm expecting dings because of my weak GMAT from my other 3 schools including Booth who interviewed me. it does annoy me that they would even interview me when they know they will eventually ding me or the nicer version of ding (waitlist) in the end. Keep trying and I'm certain something will come thru.
my question is why would a school even invite you interview if they will deny/WL because of your GMAT. Like you reviewed my app and thought it was good but you're denying/WLing me because of my app even though my interview went well?
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Greentea, ironically, I asked myself this question this morning! Hmmmm Not only because of the GMAT, but also whatever factor they use to W/L or ding you post interview!
As for me, I was talking about my industry, which would be cpg marketing....considering one of my target companies is Nestle, and the Chairman and CEO of Nestle is a Kelley mba grad, I'm going to say yes a top 20 school is as good as a top 5.... It really all depends on what you want to do and your own personality. A leader is going to be a leader regardless of Harvard vs Emory. What I will say is a harvard mba can open doors but you better know what you're doing once you get in or you get canned just like everyone else. Having an ivy league mba doesn't guarantee some 7 figure lifestyle...I know this because I work with a bunch of them...and I only have an undergrad! And I'm in finance... I can't live and die by rankings, but everyone is different...
dapeople3
Are we really going to convince ourselves that a top 30 school is as good as a top5 or 10 school? I think a top 30 school is great and I applied to Emory which is ranked right outside of the top 20. While starting salaries may be comparable the opportunities that comes with a H/W/S/Booth MBA is sizeably better. Walking away with 160k bill from Harvard doesnt mean anything in 20 years when you have made more than 1 mil more than a school not in the top 15 or 20. #justbeingreal
I don't want to beat a dead horse here. Maybe it's just a difference of opinion. However, I would assume that we all go to school for different reasons but a major factor has to be return on investment. 1 mil is substantial is all I'm trying to say and if it cost 160k extra to get it I would go for it. However I don't have the credentials to get into a school like H/W/S so it doesn't matter. Also I Have seen people come in at higher positions and be promoted based only on where they get their MBA. It does happen and it happens often.
I agree with the "it's what you make of it" sentiment. The president of my company, which is one of the largest financial services firms in the world, doesn't even have an MBA. She has a law degree from a state school! She's been voted one of the 50 most powerful women in business repeatedly...
So as much as we'd like to think name is everything, it's what you do with what you have!
It's the same for me. The companies I want to work for all recruit at the schools I want to attend. Enron, Lehman, Bear Stearns. For some reason these companies have not called me back about my resume.
On a serious note this is how I decide where I want to go.
1. Personal interest 2. Employment opportunities in my chosen career 3. Money 4. Pin the tail on the school
I'd sacrifice a fellowship if it's somewhere I really want to go.
Go read Malcolm Gladwell's piece on college rankings. He presents a really valid argument against their professed "accuracy".
Iamnotaprimenumber
As for me, I was talking about my industry, which would be cpg marketing....considering one of my target companies is Nestle, and the Chairman and CEO of Nestle is a Kelley mba grad, I'm going to say yes a top 20 school is as good as a top 5.... It really all depends on what you want to do and your own personality. A leader is going to be a leader regardless of Harvard vs Emory. What I will say is a harvard mba can open doors but you better know what you're doing once you get in or you get canned just like everyone else. Having an ivy league mba doesn't guarantee some 7 figure lifestyle...I know this because I work with a bunch of them...and I only have an undergrad! And I'm in finance... I can't live and die by rankings, but everyone is different...
dapeople3
Are we really going to convince ourselves that a top 30 school is as good as a top5 or 10 school? I think a top 30 school is great and I applied to Emory which is ranked right outside of the top 20. While starting salaries may be comparable the opportunities that comes with a H/W/S/Booth MBA is sizeably better. Walking away with 160k bill from Harvard doesnt mean anything in 20 years when you have made more than 1 mil more than a school not in the top 15 or 20. #justbeingreal
Ok, whoever thinks that going to Harvard equals $1M extra, as opposed to Consortium schools, please explain the logic of your pipe dream so that everyone here can make a better and more informed decision. Otherwise, please stop spilling your Kool Aid on this forum. Thanks.
Ok, whoever thinks that going to Harvard equals $1M extra, as opposed to Consortium schools, please explain the logic of your pipe dream so that everyone here can make a better and more informed decision. Otherwise, please stop spilling your Kool Aid on this forum. Thanks.
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I'd be happy to answer that. If I go to Harvard the chances that I'll be involved in some sort of fraud, insider trading, embezzlement goes up twenty-fold. With that being said, Harvard equals $1M extra, if not more, for most people.