The University of Chicago MBA taking questions

dennis19790924

Skypacerzhou,

     I noticed that many schools won't provide loans unless you got a US co-signer. If i can't find a co-signer, does it mean i can't get the loans? if i can't get the loans, how can i possibly finance my study there?

skypacerzhou

以下是引用dennis19790924在2004-11-21 16:26:00的发言：

Skypacerzhou,

     I noticed that many schools won't provide loans unless you got a US co-signer. If i can't find a co-signer, does it mean i can't get the loans? if i can't get the loans, how can i possibly finance my study there?

Dennis,

Thanks for your question.

As to financing sources of MBA study, there are typically several soureces. 1) the first and most important is personal/family funds. 2)Loans. Some loans rq cosigners, while some don't. For most top 10 program, I guess there are some cosigner-free loan program to admitted intl' students varying on applicable amount, for that, check your target school's website. 3) scholarship. most business school provide a limited number of merit based scholarships. however, at most circumstances, those scholarship won't cover all of your tuition, and you also need to be responsible for the non-tuition living expense. 4)Institutional sponsorship. I heard that some firm may sponsor your study if you agree to work for them for a definitive period of time after getting degree. There are also some fundation that you may explore for sponsorship of your study, like Ford China Foudation.

Having said that, I need to caution you that MBA is by nature an investment. Your cost is the money, time and opportunity cost, and return will be your elevated career, learning and life experience, and life-long friendship with your fellow students. Since it's an investment, it has risks. I do see someone got into crisis and go divorced after graduating from b-school. The situation as you might imagine is, he/she didn't find a good job, but used up all the savings, and the lenders was out there pushing for repayments of the loan...

Sorry for exposing a very realistic side of the MBA study, but I believe it's good to those of you who are pursuing it as a dream.

[此贴子已经被作者于2004-11-21 16:46:31编辑过]

mumuwa

谢谢skypacer 详细的答复

wwwzzz

Just had our first snow this year, am beginning to feel the winter of the Wind City. After the thanksgiving holidays there will be our finals! And the "finals" for int'l applicants is also approaching. Hang on there, everybody, and good luck...

4star-admiral

Dear Duke2006,

Would you be nice enough to share with us the infromation of Chicago interview? For example:

1. What are the questiones Chicago asks?

2.how to prepare Chicago  interview?

Thanks a lot!

4star-admiral

Dear Skypacerzhou,

Would you be nice enough to share with us the infromation of Chicago interview? For example:

1. What are the questiones Chicago asks?

2.how to prepare Chicago  interview?

Thanks a lot!

wwwzzz

For school-specific interview feedback: www.accepted.com

david02

我和你一样是新手啊，DD看清楚，我也是在问问题，所以我真的不知道怎么回答你，看看SKYPACERZHOU 和WWWZZZ能不能帮你？

Mumuwa,

Sorry for the mistake. Are you in BJ or ShH? Maybe we can share some information during app.

david02

To david02: I think at present the admissions office is too busy to accommodate feedback sessions with reapplicants. But you definitely can schedule a face-to-face interview with an adcom or alum (just be flexible with timing and place, for example, if you are in China, you can request both Beijing and Shanghai).

WWWZZZ: Thank you for your reply to me and your insightful answer to others. Just to share all that I request an alum interview in BJ, and got confirmation on day 2, and was interviewed on day 3. So efficient. It goes on well. At least this is what I feel.

david02

SKYPACERZHOU and WWWZZZ,

On the Chicago Brochure, the age range is 2x  to 28?. Does that mean someone of 30 is too old for Chicago GSB?

I also heard that Chicago GSB prefers females from China. Is this true?

Wondering......