Wow!I blame the new guys from Europe (UK especially) who suddenly showed up on QuantNet in huge number this year.
Just kidding, it's great to see many more talented members across the world sharing their stories with us. It surely raises the bar for competition quite a bit.
UK is now the second source of traffic on QuantNet after the US.
You may be correct. I need to check for the time frame but these are for sure.
If you watch the Tracker closely, you will find some very interesting instances where a member got admitted by a top 5 program but rejected by a top 15. I'm curious to see if a top 15 program knows that an applicant will most likely get in a top 5, do they bother admit him and get turned down? Or do they reject him to keep their acceptance rate low?
I don't know the reason for this phenomenon, but your reasoning does apply to firms coming for hiring in Indian colleges. If a firm's comp isn't that great (and they are aware of the fact) they will most likely reject candidates with a > 9 CGPA or a stacked resume, because it is more likely that the candidate will either bag a better offer or leave for Master's very soon and they don't want to expend resources on training someone who they know will leave.
Hi Andy. Since CU MAFN has a representative in our community now, do you think someone from CU MFE would be interested in coming in and answering questions as well?
I understand your point. I know that this phenomenon does occur in MBA admissions.
On the same boat. No hear back from Chicago/Columbia/NYU MFE
Just curious, are you applying from Hong Kong too? I wonder if that could be a disadvantage lol.
Nationality wise yes. I am a Hong Kong citizen, but my college education is in the U.S. I don't think nationality is a difference maker, but I can't say anything about the nuances. However, I do know that a lot of these programs have a very high international student percentage according their class profiles.
This is also pretty common in undergrad admissions, they call it 'yield protection'. Higher yield rate and lower acceptance rates make the programs look more selective
I see I see. There's a reason why I bring this up. I once spoke with somebody who used to work in a T7 MBA admissions team.
That's interesting. I think admissions vary from program to program, even within the same school. I do know that many programs evaluate international applicants differently, but I have also seen that some programs have a significant number of students from China.
wow 1200 for 30-40 seats? good luck to all those who have applied!
It was a mistake
Is the yield rate a factor in the ranking of a school or program? Does it help them get the right kind of students they are looking for, or is it just something that makes them look more selective?
I assume for example if a applicants if clearly good for Princeton MFE program, lower tier programs simply would classify those applicants as overqualified, and just simply wouldn't give them a offer to maintain more selective percentages.
Understood. But wouldn't the program lose out on a potentially good candidate? For example, someone qualified for Princeton with no scholarship may not be able to join, just because it's unaffordable to him/her.
yea its a game that all colleges in the US play. they like to keep their acceptance rate low but they also cant over admit with the worry that if everyone accepts then they wont have space. they will deny people who are going to go to better schools. happens all the time
