| Topic Name: |
other cool jobs? |
| Message Name: |
tough luck |
| Date Posted: |
10/05/2003 |
| In Reply To: |
i've actually been wondering that myself... any ideas anyone??? |
| Message: |
There are no jobs outside consulting or banking that will get you into b-school, sorry. And in fact, if you read the Stanford admission materials, they say in the fine print on page 15 that they only accept people from a core group of 5 MCs, 14 IBs, and a couple of tech firms that buy their students admission. It's 6MC/18IB at Wharton and it gets bigger with the lower-ranked b-schools, but there's no point in going if the school's not top 5. Applicants from outside these firms are welcome to apply, but they will be rejected without having their app read. The b-school then keeps the $200 app fee. Every year there's some dumb artist who applies just so that the admissions committee can have a good laugh. Fact is that these 15-25 firms do all the recruiting on campus, so they can dictate who gets accepted in the first place. If their people don't get in, they don't recruit there, and the b-school's grads end up working at bottom-rung shops like Paine Webber. This system of guaranteed admission makes it easy because consultants don't have time to take the GMAT, much less study for it. A couple of geniuses who did take the GMAT are accepted so that the schools' "average" score is as high as possible.
Certain b-schools accept people who haven't done consulting or banking at a core firm. HBS, for instance, allows one to qualify under any of the "three Ms": Military, Mormon, or McKinsey. The latter, of course, refers not just to McKinsey, but to all the half-dozen MCs that HBS gets its grads from. Mormon on the list because the dean is LDS and he gives special preference to his religion. I'm not sure about Military, but the rumor is that Don Rumsfeld has been seen wandering around Spangler. Yale's b-school, though getting in is so easy to begin with, allows a special benefit to Skull & Bones members and people who look like Claire Danes.
And if you believe even a word of what I just wrote, I have a bridge I want to sell you. Please reply to this positing with your e-mail address.
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