Hi everyone,

I have finance PhD offers from UBC Sauder and Rochester Simon, but now I have a chance to work as full-time RA for an institute led by Prof.Thomas Sargent and will hopefully get a letter from him if I re-apply for finance PhD this December.

I know there is some opportunity costs and I might be rejected next year due to all possible reasons and the subjective perception of being rejected once. So should I reject my offers and re-apply?

And if you were me, which school would you choose? Why? Any advice will be immensely appreciated!

BTW OP is a applying with a master degree from China.