Based on several conversations that I have had with other applicants, everyone seems to suggest that it’s always good to apply to 1 or 2 back up schools.
Now I thought about this real hard and don’t know how much I agree with this philosophy. I am going to invest 2 years of my life + 150k + 2 years of lost salary. After investing all that, do I really want to go to a back up school, even if I get in?
Some other considerations for this thought are:
- I believe that if one the Ultra Elite schools ding you for one or two reasons, if you work on them and re-apply the next year you have a higher chance of being admitted
- I have spoken with at least 3 - 4 people in HBS, Wharton, Columbia, and Stanford. All of then only applied to 1 - 2 schools; schools that they really wanted to attend
- Also I asked the current students the question: Now that you have experienced this school for one year, do you think it’s worth waiting for getting into this school if they ding you the first time you apply? Guess what ALL of them answered: YES, it totally worth it!
All these factors make me want to not apply to school that I wouldn’t want to go to.
Thought from my current GMAT clubbers?