Ask Jon Frank- P69-Q&A:WHY MBA? 7 OVERLOOKED REASONS TO GET AN MBA

bigjoe

Thanks Jon~

lakerfan123

Hi Jon, I am admitted to Emory MBA program with 75% tuition free. However, I'm not sure whether to go to Emory or reapply. My career goal is investment bank, but I guess Emory can not give me too much help to realize my goal. Actually, I tried some top schools including Wharton, CBS and Tuck this year, but failed to get admission. I hope to hear your advice. Thank you!

My brief backgroud:

G 760, T 104, 3.5 years working exp. in big 4.  

Looking forward to your reply

JonFrank

Hi Jon, I am admitted to Emory MBA program with 75% tuition free. However, I'm not sure whether to go to Emory or reapply. My career goal is investment bank, but I guess Emory can not give me too much help to realize my goal. Actually, I tried some top schools including Wharton, CBS and Tuck this year, but failed to get admission. I hope to hear your advice. Thank you!

My brief backgroud:

G 760, T 104, 3.5 years working exp. in big 4.  

Looking forward to your reply

-- by 会员 lakerfan123 (2011/2/27 12:29:25)

Hello my friend!  Congrats on that tuition waver!  It sounds like they are very keen on letting you attend their program.  Great news.  If Emory is your only choice, then I would accept it.  Sure it isn’t the best program on earth, but it is a good program.  And you will be able to do some good networking to get a good job upon graduation.   Most likely banking jobs will not come through on-campus recruiting, but that is just fine.  You will simply need to work harder.  This is your only option, right?  In that case, TAKE IT!  Enjoy yourself at Emory.  It is a good program.


Jon Frank

askwind

Hello Jon,

I receive this email from ROSS, what does it mean:
"Thank you for providing the information below regarding your application.
The Admissions Committee is continuing to review your application to the Full-time MBA program in Round II. If admitted, you will need to provide official transcripts and degree documents to a third-party service for verification."

I did not receive interview invitation and it's only 8 days to the decision-releasing day. I'm quite confused. Should I take any proactive action??

lakerfan123

Hi Jon, I am admitted to Emory MBA program with 75% tuition free. However, I'm not sure whether to go to Emory or reapply. My career goal is investment bank, but I guess Emory can not give me too much help to realize my goal. Actually, I tried some top schools including Wharton, CBS and Tuck this year, but failed to get admission. I hope to hear your advice. Thank you!

My brief backgroud:

G 760, T 104, 3.5 years working exp. in big 4.  

Looking forward to your reply

-- by 会员 lakerfan123 (2011/2/27 12:29:25)

Hello my friend!  Congrats on that tuition waver!  It sounds like they are very keen on letting you attend their program.  Great news.  If Emory is your only choice, then I would accept it.  Sure it isn’t the best program on earth, but it is a good program.  And you will be able to do some good networking to get a good job upon graduation.   Most likely banking jobs will not come through on-campus recruiting, but that is just fine.  You will simply need to work harder.  This is your only option, right?  In that case, TAKE IT!  Enjoy yourself at Emory.  It is a good program.


Jon Frank

-- by 会员 JonFrank (2011/2/28 10:00:08)

Thanks Jon, very helpful.

lakerfan123

Hi Jon, I am admitted to Emory MBA program with 75% tuition free. However, I'm not sure whether to go to Emory or reapply. My career goal is investment bank, but I guess Emory can not give me too much help to realize my goal. Actually, I tried some top schools including Wharton, CBS and Tuck this year, but failed to get admission. I hope to hear your advice. Thank you!

My brief backgroud:

G 760, T 104, 3.5 years working exp. in big 4.  

Looking forward to your reply

-- by 会员 lakerfan123 (2011/2/27 12:29:25)

Hello my friend!  Congrats on that tuition waver!  It sounds like they are very keen on letting you attend their program.  Great news.  If Emory is your only choice, then I would accept it.  Sure it isn’t the best program on earth, but it is a good program.  And you will be able to do some good networking to get a good job upon graduation.   Most likely banking jobs will not come through on-campus recruiting, but that is just fine.  You will simply need to work harder.  This is your only option, right?  In that case, TAKE IT!  Enjoy yourself at Emory.  It is a good program.


Jon Frank

-- by 会员 JonFrank (2011/2/28 10:00:08)

Hi Jon, it's me again. The offer from Emory is the only option for me right now, I know that your advice is right given the fact. But I can't make my mind. There is a voice from deep inside of me, telling me to try another year. As you always told, we should try to enroll in the best school that we can reach. I believe I could better my candidacy for another year in five ways:
1.       Re-take the TOEFL to gain a more competitive score;
2.       Pass the CFA level 1 this June.
3.       Transfer from audit department to financial advisory department of big 4.
4.       Have months to refine my essays.
5.       Apply in the early round.
I know that even if I can complete the above 5 points, nothing could guarantee an admission to Columbia, Wharton or the other top tier because luck always weighs a lot. But I think the admission from second tier b-schools such as Ross, Darden, Cornell and UCLA are reachable. Do you think it’s a wise decision to give up on Emory (and the $$$) and spend another year struggling for such second tier ones. Could you please give me advices regarding my dilemma? Your words will be the determinant for me to make this decision.  
Thanks for your time and look forward to your advice.

JonFrank

Hello Jon,

I receive this email from ROSS, what does it mean:
"Thank you for providing the information below regarding your application.
The Admissions Committee is continuing to review your application to the Full-time MBA program in Round II. If admitted, you will need to provide official transcripts and degree documents to a third-party service for verification."

I did not receive interview invitation and it's only 8 days to the decision-releasing day. I'm quite confused. Should I take any proactive action??

-- by 会员 askwind (2011/2/28 11:10:24)

Hey there—if youd like you can absolutely submit one more short essay, or an additional LOR.  Some applicants, keep in mind, will be accepted without interviews—they make up the rules as they go along.  So for now, you sit tight.  All they are telling you is that if and when you are admitted, they will hire some people to double check that you are who you say you are.  J


Jon Frank

JonFrank

Hi Jon, I am admitted to Emory MBA program with 75% tuition free. However, I'm not sure whether to go to Emory or reapply. My career goal is investment bank, but I guess Emory can not give me too much help to realize my goal. Actually, I tried some top schools including Wharton, CBS and Tuck this year, but failed to get admission. I hope to hear your advice. Thank you!

My brief backgroud:

G 760, T 104, 3.5 years working exp. in big 4.  

Looking forward to your reply

-- by 会员 lakerfan123 (2011/2/27 12:29:25)

Hello my friend!  Congrats on that tuition waver!  It sounds like they are very keen on letting you attend their program.  Great news.  If Emory is your only choice, then I would accept it.  Sure it isn’t the best program on earth, but it is a good program.  And you will be able to do some good networking to get a good job upon graduation.   Most likely banking jobs will not come through on-campus recruiting, but that is just fine.  You will simply need to work harder.  This is your only option, right?  In that case, TAKE IT!  Enjoy yourself at Emory.  It is a good program.


Jon Frank

-- by 会员 JonFrank (2011/2/28 10:00:08)

Hi Jon, it's me again. The offer from Emory is the only option for me right now, I know that your advice is right given the fact. But I can't make my mind. There is a voice from deep inside of me, telling me to try another year. As you always told, we should try to enroll in the best school that we can reach. I believe I could better my candidacy for another year in five ways:
1.       Re-take the TOEFL to gain a more competitive score;
2.       Pass the CFA level 1 this June.
3.       Transfer from audit department to financial advisory department of big 4.
4.       Have months to refine my essays.
5.       Apply in the early round.
I know that even if I can complete the above 5 points, nothing could guarantee an admission to Columbia, Wharton or the other top tier because luck always weighs a lot. But I think the admission from second tier b-schools such as Ross, Darden, Cornell and UCLA are reachable. Do you think it’s a wise decision to give up on Emory (and the $$$) and spend another year struggling for such second tier ones. Could you please give me advices regarding my dilemma? Your words will be the determinant for me to make this decision.  
Thanks for your time and look forward to your advice.

-- by 会员 lakerfan123 (2011/2/28 23:49:22)

Hello my friend.  This is a GREAT question.  And to some extent, I cannot say for sure what would happen.  Ultimately, it comes down to your own appetite for risk.  I would say that yes, if you write GREAT apps, improve your TOEFL score, and apply in Round 1…I would expect that you have a good shot.  Not necessarily at Wharton and HBS (you’ll notice that I am very conservative when it comes to those schools) but at Duke, Darden, UCLA, etc. So yes, you DO have a shot.  But it is a risk my friend—and I cannot tell you whether or not you should take it.  It is a personal decision.  For what it’s worth, you will have a VERY real chance at getting into the other programs.

Can you try to defer the emory admit for a year?  Come up w a great story, and defer for one year.  If you can do that dude, you will be in BUSINESS. Then, you have EVERYTHING you need—and sometimes, if you craft a great story, they even agree to these requests.  That would be ideal…


Jon Frank

snailc

Hi Jon,

I have a question about the global MBA program in Carey business school of JHU. I was recently admitted and I really like the university's strong background and style. But I am very worried about my post-MBA opportunity since the program is very new and I am not sure about the chance it can bring me in job market.

Hopefully, Carey business school will get more known by the day when I graduate, but I do not think two years are long enough for a new business school to get a much higher position in the competitive ranking. Then I am considering the offer again and again...

Do you have any suggestions or information for my situation? Thanks a lot!

Joe

askwind

Hello Jon,

I receive this email from ROSS, what does it mean:
"Thank you for providing the information below regarding your application.
The Admissions Committee is continuing to review your application to the Full-time MBA program in Round II. If admitted, you will need to provide official transcripts and degree documents to a third-party service for verification."

I did not receive interview invitation and it's only 8 days to the decision-releasing day. I'm quite confused. Should I take any proactive action??

-- by 会员 askwind (2011/2/28 11:10:24)

Hey there—if youd like you can absolutely submit one more short essay, or an additional LOR.  Some applicants, keep in mind, will be accepted without interviews—they make up the rules as they go along.  So for now, you sit tight.  All they are telling you is that if and when you are admitted, they will hire some people to double check that you are who you say you are.  J


Jon Frank

-- by 会员 JonFrank (2011/3/2 0:31:49)

Thank you very much, Jon What's LOR? I only submitted the scan of official transcripts, so I think they definitely need official ones after the decision. But will that be like you said, for rigorous check? Anyway, all I provided in the app are true, so it's good for me only if they are willing to check me, hehe

One more question, if they give admission without interview, what else would they do to replace the process, besides the double-check?

Thank you again, Jon. You are so nice