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tflan

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  1. tflan
    Also interested in this question. I'm considering paying a higher fraction of my income to live within walking distance of campus.
  2. tflan
    I don't think that finance courses are essential. The courses you've taken should be sufficient (econ grad courses won't help.) I think that having some research experience in finance matters more. It seems like you have a good research background in econ, but if there is one thing I would do to improve your profile it would be to do some sort of research in finance (whether it be a honors thesis or working with a professor). My background is similar to yours, econ + math coursework, but I also had finance research to go along with it. If your only research experience is in econ, then you will need to tell a story in your personal essay as to why you want to do finance. For example, if your research experience is in macroeconomics, you can say that want to approach macroeconomics from the perspective of asset pricing/macro-finance. I think you will still have a decent chance getting into some places with your current profile, but top 10 will still be hard. You could also aim for some top 10 econ programs, especially with strong macro econ departments (since you're interested in asset pricing/macro-finance). You can still have business school faculty on your dissertation committee. I think LSE is a good place to get a masters. I would NOT get a masters in the US, because the curriculum is not very rigorous.
  3. tflan
    Edit: see my post below
  4. tflan
    If your school has a server that you can run SAS/STATA on, then needing a desktop won't be an issue. As long as you have a decent laptop you can log on to the server remotely.
  5. tflan
    Notification Type: Acceptance Institution Name: Michigan Ross Concentration: Finance Date of Notification: Mar 23 Type of Notification: Email Comments: Given offer after campus visit
  6. tflan
    While you are applying to the econ department, what is more important are the people at the school you can work with. Often times econ PhD students have business school faculty on their dissertation committees and end up with excellent job placements. That being said, you’ll need to be at the top of your class and reach out and find a faculty in the business school willing to work with you. I think Rochester will better present these opportunities to you. I will warn that I don’t know much about the Georgia State Program. It seems like your outcome there might be safer (and more funded) since you’re in the finance program. So I think Rochester presents more opportunities for success (if you think you’ll be a really good student) but is riskier. Georgia State is a safe bet for getting an academic job but at a less prestiegous school.
  7. tflan
    The school is a US T20 school. I'd find it hard to believe that they aren't aware of the rule. I'm not certain, however, if this constitutes a breach or not.
  8. tflan
    I'm curious if anyone has experience with schools saying something along the lines of "we'll make you an offer only if you make a statement that you won't go to other schools that you've heard back from". Is this a normal thing for schools to do? Is this even allowed by the graduate council? What is the best response to this situation? I like the school in question but I don't want to forfeit my other offers/waitlists until I've visited campuses to meet the faculty. Also, I don't want to forfeit the possibility of getting into a better school that I'm waitlisted on. EDIT: I realize now that my title of the thread is a little misleading. What I mean to ask about is schools pressuring for an answer before they even give you the offer.
  9. tflan
    This is my experience since I originally made this post: I share updates about who I hear back from with my waitlisted schools. When I send these emails I use this opportunity to extract more information. My emails read something like this: "Update on my end: I have an offer from X, campus visit from Y, and am a finalist for admission at Z. I understand that the market has not cleared yet, but are you able give me an update on your end (i.e. has anyone turned down an offer yet? etc.)? Also, I was wondering if you could say anything about the size of the waitlist or my position in. This would help me evaluate my decision-making going forward." Then they responded telling me I was #2 on their waitlist and if they had to guess they would assign me 20% prob of getting in. But you'll need considerable leverage to extract this information. For instance, a competitive offer from another school. That being said, if the school doesn't have an ordered waitlist their decision making may have to do with the different research interests of the people they've already given offers (i.e. someone with your research interests has to turn down the offer in order for you to get an offer). If this is the case, there probably really isn't much for them to tell you until someone declines an offer. At the end of the day though, extracting this information won't change the ultimate outcome. You're best off waiting until you either get off the waitlist or find out all their spots are filled. However, if another school tells you something like: "We'll admit you if you promise not to take any other offers from these other schools". (A couple of schools have done this to me. I know it's questionable if they are even allowed to do such a thing). If this is your situation, you might be able to use this to your advantage to extract more info from your waitlisted school.
  10. tflan
    This is my experience since I originally made this post: I share updates about who I hear back from with my waitlisted schools. When I send these emails I use this opportunity to extract more information. My emails read something like this: "Update on my end: I have an offer from X, campus visit from Y, and am a finalist for admission at Z. I understand that the market has not cleared yet, but are you able give me an update on your end (i.e. has anyone turned down an offer yet? etc.)? Also, I was wondering if you could say anything about the size of the waitlist or my position in. This would help me evaluate my decision-making going forward." Then they responded telling me I was #2 on their waitlist and if they had to guess they would assign me 20% prob of getting in. But you'll need considerable leverage to extract this information. For instance, a competitive offer from another school. That being said, if the school doesn't have an ordered waitlist their decision making may have to do with the different research interests of the people they've already given offers (i.e. someone with your research interests has to turn down the offer in order for you to get an offer). If this is the case, there probably really isn't much for them to tell you until someone declines an offer. At the end of the day though, extracting this information won't change the ultimate outcome. You're best off waiting until you either get off the waitlist or find out all their spots are filled. However, if another school tells you something like: "We'll admit you if you promise not to take any other offers from these other schools". (A couple of schools have done this to me. I know it's questionable if they are even allowed to do such a thing). If this is your situation, you might be able to use this to your advantage to extract more info from your waitlisted school.
  11. tflan
    Notification Type: Acceptance Institution Name: Cornell Johnson Concentration: Finance Date of Notification: Mar 5 Type of Notification: Phone
  12. tflan
    Notification Type: Campus Visit Institution Name: Michigan Ross Concentration: Finance Date of Notification: Mar 2 Type of Notification: Email Comments: Notification Type: Interview Institution Name: Texas McCombs Concentration: Finance Date of Notification: Mar 1 Type of Notification: Email Comments: Interview to gauge interest in their program Notification Type: Interview Institution Name: Cornell Johnson Concentration: Finance Date of Notification: Mar 1 Type of Notification: Email Comments: Interview to gauge interest in their program
  13. tflan
    Notification Type: Campus Visit Institution Name: Michigan Ross Concentration: Finance Date of Notification: Mar 2 Type of Notification: Email Comments: Notification Type: Interview Institution Name: Texas McCombs Concentration: Finance Date of Notification: Mar 1 Type of Notification: Email Comments: Interview to gauge interest in their program Notification Type: Interview Institution Name: Cornell Johnson Concentration: Finance Date of Notification: Mar 1 Type of Notification: Email Comments: Interview to gauge interest in their program
  14. tflan
    Notification Type: Campus Visit Institution Name: Michigan Ross Concentration: Finance Date of Notification: Mar 2 Type of Notification: Email Comments: Notification Type: Interview Institution Name: Texas McCombs Concentration: Finance Date of Notification: Mar 1 Type of Notification: Email Comments: Interview to gauge interest in their program Notification Type: Interview Institution Name: Cornell Johnson Concentration: Finance Date of Notification: Mar 1 Type of Notification: Email Comments: Interview to gauge interest in their program
  15. tflan
    Yeah, I had an interview with Cornell finance to gauge my interest in the program (i.e. how I rank the school amongst other places I've heard back from)
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