Very rarely do we get caught up in trying to spot trends in terms of which schools are "hot" at any given moment.
This is mainly because narratives tend to overreact in the moment, only to fade over time ("Wharton is going off the rails" - 2013 .. "Stanford is mired in sexual harassment scandal!" - 2015), but also because so much of trying to spot these trends is about reacting to anecdotal evidence from a small sample size. Put another way: you are just hearing your clients buzz about schools and express their opinions. Is that enough to go all-in on? No, definitely not. But can you sometimes spot an interesting new trend or pattern? I think yes, sometimes you can.
Going quick and nothing fancy here, just looking to get the word out on "HBS Waitlist Day" as it will likely become known in the future.
I stunning number of candidates appear to have been WL'd today, just based on what I'm seeing stream across my inbox. The biggest group looking for answers are candidates I've never heard of, who are seeking answers and asking what to do. This is when I know I have to go to the blog. Let's work through this.
This Wednesday (October 12) is one of those days on the calendar that tend to stop everyone in their tracks and dominate the headlines. Nevermind that the Duke Fuqua or Dartmouth Tuck deadlines are right around the corner - no, it's all about the final HBS Round 1 notification deadline. Interview or ding? Rather, interview or ding or deferral, as that appears to be a popular option this year as well. Let's make sense of things and offer some advice on how to respond from here. We'll group it result-by-result.
Time for another edition of Monday MBA Resource, where we share the things we are reading, watching, and listening to that might be helpful to people in the MBA community. Some are more focused on applicants, others are better for students, some for both - but all of them offer great insights that are worth soaking up. Last week we broke down the Knowledge @Wharton podcast and people seem to really be enjoying it. Let's hope we can keep it up with this next entry, which is the article:
Time for a quick blog post in the wake of HBS sending out its three waves of decisions (October 6, 8, and 14). You can read the whole thing or you can just read this line, probably: don't take this stuff personally, understand there are a ton of great schools out there, and keep moving forward. Need more? Okay, let's break it down, with three Golden Rules for receiving a decision of this magnitude.
Unlike Columbia and Stanford, HBS did not make any changes to its essay from last year. As explained by Dee Leopold in her blog, they were quite simply happy with the content that this prompted generated. Those handful of people who have spoken to me on consult calls this year know that I predicted HBS would keep this essay and that it would be for this reason - I had a feeling this experiment worked well. This is because I watched the MASSIVE (all caps are necessary here) gulf between good and bad use of this space, among candidates.
Today we are going to talk about the new HBS application and what it means for applicants. We've already gone on record with our thoughts on how something like "this" (a school eliminating required essays) might impact our work as consultants, so this post is going to break down what this means for applicants. First, we are going to provide some context, to properly frame expectations.
Today the MBA-journalism website Poets & Quants published an article that was more or less a summary of a recent blog post from Dee Leopold, the managing director of admissions and financial aid at HBS. In it, she tries to better articulate HBS' much-discussed new "post-interview" assignment. In a series of emphatic points, she takes great pains to tell applicants the following:
- This is meant to emulate the Real World (capitalizing these words was not our idea, by the way)
- Admissions consultants are NOT ALLOWED
All three of these points are sort of ridiculous and we will take them in the order presented above.