MBA Apping Update

The stock markets across the world continue to tumble, and I continue to toil with my applications. As the days go by, I get more and more jittery about the impact the slowdown might have on my future plans.

I am done with applying to two of the five places I have finally shortlisted. One of the biggest criteria while choosing a BSchool was the availability of a loan with a co-signor. However, the slowdown has finally taken a toll. One of the schools I had shortlisted had to be removed because it could no longer assure a loan for international applicants. And sadly, one school I have already submitted my app for has just ended its loan program. This is beginning to sound ominous.

Not that I can do much about it now. The die is cast, and I am waiting patiently for the outcome.

Update: It seems to have gotten worst. Citibank has removed its “CitiAssist program from all of its schools for international students without a domestic cosigner.” So far on the list are: MIT-Sloan, Ross, SC Johnson.

http://economix.blogs.nytimes.com/2008/10/07/credit-crisis-is-bad-news-for-mba-students/

http://blog.clearadmit.com/2008/10/citibank-cancels-citiassist-student-loan-program-at-several-business-schools/

MBA apping

I had initially thought that I would document the entire apping process on my blog. However, after a lot of thought I have decided that it might not be very wise to do so.

I track a lot of blogs of MBA aspirants (will add the links to the sidebar soon), and feel that they are awesome places to look for wise words and help. However, I have noticed that they are mostly anonymous. I think that this makes sense in today’s digital world, where a simple Google search can reveal a lot about an applicant, and I do not want to stand any disadvantage due to something I post on my blog. Therefore, I have decided that, other that some gen things or occasional rants about the entire process, I would not be writing much about the process on my blog. At the end of it I might do a comprehensive post, but that is another story. Meanwhile do check out the blogs listed on the sidebar – they are awesome!!

I am right now in the process of shortlisting schools I want to apply to. I think I want to join a school that fits the following criteria:

  • Provides loans without co-signor
  • On campus study – I love being in contact with people
  • Should focus on Strategy (and probably helps some Biotech/Pharma/Healthcare related courses)
  • Should be fun!

I have kind of decided on 2 schools already, and I think I would end up applying to 3-4 other schools. Any suggestions are welcome. Also, due to all the apping work and a busy social calendar, posting will be very very irregular.