bb wrote:
mbahopeful89 wrote:
Question for you knowledgeable folks:
What are the chances of receiving dollars off of the waitlist? I ask because I was accepted to UNC with a full tuition fellowship. My career goals are in real estate (real estate private equity if I can break in) so happy with this option. I am waitlisted at Booth, so if I happen to get in off of the waitlist, which I'm sure the chances aren't high, I'm debating if I would take the full tuition at UNC or go $200k in debt to attend Booth. My gut is saying that if I get in off the waitlist that I should attend Booth, but not really sure.
It is apparently more common than I thought:
scholarship-after-waitlisted-214376.htmlYou have a chance. However, I feel UNC may be a good choice, if you have a network you can tap into. I think for PE, you want to consider Booth very strongly and consider/check if anyone of your target employers are actually even hiring on campus at UNC or Booth. Checking LinkedIn, it seems 12 people from UNC work at Blackstone while 16 from Booth are there... not much of a difference, and pretty small numbers, indicating you will be betting on a very low chance by going to Booth. What other employers have Real Estate PE? Colony Capital? I have not found anyone from either Booth or UNC there... it may be all about your network and connections you have to break into RE PE.
Thanks for the reply. I was originally attracted to UNC because of their strong real estate program. About 10% of their class concentrates in real estate, which is much more than most schools. I was looking at their employment list over the last few years and have placed internships/jobs at firms like JBG, Tishman Speyer, Hines, AIG Global Real Estate, USAA Real Estate, Prudential Real Estate Investors etc, so with the experience I already I'm hoping to be competitive for some of these firms. I guess some of those aren't PE but just well-respected real estate firms.
But Booth is Booth, the brand is very strong no matter what sector. I guess I'll just have to see if I get off the waitlist, but I just don't want to make a wrong decision when I have a full-ride to a good school in front of me. $180k just seems like a huge amount of money to me, when I could go for free basically. I just wouldn't want to regret either decision in the long-run.
I agree though, it may just be about networking etc. Thanks for the reply.