guan

Kellogg does this.

Depending on state and school, you will probably need to fill out vaccination forms and send in proof of vaccination. Massachusetts is a state that requires particularly many vaccinations. As for visas, your school will send you instructions. They need to issue an I-20 or DS-2019 form, and you then need to fill out a visa application and schedule an interview at your local US embassy or consulate. Some schools can issue this form very fast, others take a few weeks.

That being said, there is a lot of (somewhat controversial) literature on automatic model selection. Autometrics (PcGive, formerly PcGets) can do this.

NYU, of course! Don't know about golfability, though there can't be a lack of golf courses in the area.

University of Copenhagen (very generous fellowship if you can get it): http://www.econ.ku.dk/PhD/Scholarships/211-0127-08-2200.pdf

A department may also want to have relatively easy grading in the courses themselves, for example if they are offered to PhD students from other departments (political science, public policy, etc.). A system with separate course finals and prelims allow them to do this while ensuring the quality of the economics department's own students.

Perhaps a few practitioner journals to keep in touch with the real world? (gasp) If you're into asset pricing, this could be something like Risk or Financial Analysts Journal.

It's been years since I've had national income accounting, so at the risk of looking even more like a dork, I have to ask: Even if you don't make anything, don't you still consume something? If I don't produce anything, but borrow $100 to buy food from my neighbor (imports) and then eat it (consumption), my GDP should be 100 - 100 = 0. Because GDP is also a measure of production, and production is zero. Of course, if I also destroy some of my furniture, my "production" properly accounted for is negative. But that won't show up in GDP, which is gross of depreciation.

Isn't the sign in front of I (- 600) wrong? If investment was 600, then it should be 600 + 600 + 0 - 150 = 1050. I don't really think you can have negative investment; if you start destroying machines, that shouldn't show up in GDP, but in a measure that is net of consumption of capital, such as NNP.

desimba: The original poster is comparing between Kellogg and Michigan.

So what do you guys think about Kellogg vs Stern for finance? (I've asked this before, but did not get as many responses).

Sure.

Hirschleifer (AER 75, 53–68): “There is only one social science. What gives economics its imperialist invasive power is that our analytical categories—scarcity, cost, preferences, opportunities, etc.—are truly universal in applicability. Even more important is our structured organization of these concepts into the distinct yet intertwined processes of optimization on the individual decision level and equilibrium on the social level of analysis. Thus economics really does constitute the universal grammar of social science. But there is a flip side to this. While scientific work in anthropology and sociology and political science and the like will become increasingly indistinguishable from economics, economists will reciprocally have to become aware of how constraining has been their tunnel vision about the nature of man and social interactions. Ultimately, good economics will also have to be good anthropology and sociology and political science and psychology.”

Has anyone else received an admit or reject email?

Have any of you contacted Chicago GSB to ask when decisions will come out?

Perhaps you can cross-register and take some economics courses too?

Did you get funding?

Mine also says "under review", but there is a decision link at the bottom. Yes, I got the email.

I just got my rejection.

Still no news from Sloan?

I doubt it, but I don't know for sure. There was a large pile of rejections on gradcafe shortly before they asked to interview me. The flyout is on Monday, by the way.

I haven't heard anything yet either. It's hard to focus on the paper I have to submit by midnight...

What do you guys think about Kellogg vs. Stern?

Here's a guess: Maybe at some schools access to the ApplyYourself system is centralized at an admission office at the graduate school, so it's a big bureaucratic hassle to get it updated. The people at the department who handle admissions may find it easier and faster to call up students directly.

I don't even know the obvious differences, but I can tell you that I am applying to finance phd programs this year, and one of my recommenders advised me to also apply to a couple of accounting programs because of the overlap. I guess I would need to research this if one of the accounting programs wants to interview me ;-) There is a great story in Perry Mehrling's biography of Fischer Black about accounting. As I recall he volunteered to teach an MBA accounting class even though he knew nothing about the topic, as a way of learning it himself, and of course most of the students dropped out over the course of the semester. This lead to his accounting paper.