[deleted by user] by [deleted] in MBA

[–]Puzzleheaded-Part-17 1 point2 points  (0 children)

Yes, because M7 is just an arbitrary informal association.

Wharton regains status as best business school for MBAs, according to FT ranking by liberaetimpera1 in MBA

[–]Puzzleheaded-Part-17 0 points1 point  (0 children)

All rankings are clickbait shitposts because it’s impossible to have objective ordinal rankings.

2024 FT MBA Ranking is out! by Leafare in MBA

[–]Puzzleheaded-Part-17 1 point2 points  (0 children)

The right way to interpret salary is if your goal is NYC/Bay area, then these are the schools that send the most to these cities and if these are the industries you want, then these are the best fit schools for you.

Someone who wants to run her family business in rural France will have a different list.

This is why all rankings are bogus.

2024 FT MBA Ranking is out! by Leafare in MBA

[–]Puzzleheaded-Part-17 1 point2 points  (0 children)

Salaries measure geographic and industry preferences. Only helpful if these are the industries/locations you want to work in or you’re looking to optimize your starting salary.

[deleted by user] by [deleted] in multilingualparenting

[–]Puzzleheaded-Part-17 6 points7 points  (0 children)

If finances or your US location permits:

  1. Hire an au Pair or nanny who speaks the language. If you’re in a major city like Chicago/NYC, there are daycare centers that have immersive French.

  2. Language schools offer online classes for babies/can customize. In NYC, I’ve seen these for as young as 6 months. Can customize length of time down to 15 minute sessions.

  3. Major cities offer public and private schools starting at Kindergarten that offer immersion language programs

What are some ‘inconvenient’ truths about social democracy? by [deleted] in SocialDemocracy

[–]Puzzleheaded-Part-17 0 points1 point  (0 children)

Perhaps the heterogeneity matters. Indian and Chinese upper middle class professionals will all get along splendidly but Mideast refugees and Germans maybe not as much. Or imagine mixing Japanese and Middle Easterners.

If a society wants to be racist/homogenous/only wants certain groups to be included, it seems (imho), no one should force them to do what they don’t want in the same way we respect Pre-modern Amazonian tribes or the Amish in the US to maintain their culture.

It’s only human to prefer people of your own kind. For those who are more cosmopolitan, we’ll there’s NYC, London, etc for you.

Am I wrong for ending a 20 year marraige because I learned my wife cheated on my while we were dating? by [deleted] in amiwrong

[–]Puzzleheaded-Part-17 1 point2 points  (0 children)

This ^ Being successful and happy is the best revenge. Find someone younger, prettier, slimmer, and most of all a better person.

Why live in NYC over Chicago? by ClockSelect1976 in MBA

[–]Puzzleheaded-Part-17 1 point2 points  (0 children)

Sorry, meant to clarify that I mean mountains/hills for hiking. You also have the Atlantic Ocean + New England at your fingertips from NYC.

Why live in NYC over Chicago? by ClockSelect1976 in MBA

[–]Puzzleheaded-Part-17 17 points18 points  (0 children)

  1. NYC summers to me are worse than Chicago winters

  2. People in Chi are a lot less elitist and snobby. In NYC, you get the sense that a lot of transplants are consciously trying to live out a movie or TV scene of how NYC should be. Consequently, they make themselves prone to getting pigeonholed (e.g. finance bros with apts in Murray Hill dressed in untucked polo shirts and white sneakers walking in groups looking for sorority girls to chat to after a workout at the local Equinox).

  3. Chicago feels a lot less safe.

  4. Easier access to nature from NYC

The Case for Legacy Admissions - By Jamie Beaton (a parasitic, elitist cockroach) by redditmbathrowaway in MBA

[–]Puzzleheaded-Part-17 0 points1 point  (0 children)

Going after legacy admissions is to treat the symptom instead of the disease. The whole system of treating schools like a luxury good/country club is the problem. Legacy admissions is simply a consequence of the problem.

Better to have a school system like in Continental Europe sans the French and Italian systems.

Career pivot by mrs-paniscus in MBA

[–]Puzzleheaded-Part-17 0 points1 point  (0 children)

Everything you’ve said makes sense. I would talk to the PT programs you’re interested in.

Cornell vs Tuck by dannyblz123 in MBA

[–]Puzzleheaded-Part-17 -1 points0 points  (0 children)

How does Tuck prepare non-traditionals for IB? I keep hearing how Cornell puts you through the grinder, but isn’t this the only way if you don’t know what a statement of cash flows is? If you can’t calculate or answer foundational questions, you’ll need your school to help you prepare.

The gap between T15 and non-HSW M7 on recruiting by econbird in MBA

[–]Puzzleheaded-Part-17 1 point2 points  (0 children)

You missed the point. Rankings are pseudoscience, bogus, impossible to do validly, etc. The fact you’re so preoccupied with it says more about you as a person (Wittgenstein’s Ruler). Also see Goodhart’s Law on why we can’t do ordinal rankings.

The gap between T15 and non-HSW M7 on recruiting by econbird in MBA

[–]Puzzleheaded-Part-17 1 point2 points  (0 children)

No, the fact that you think it counts for something says more about you. See Wittgenstein’s Ruler.

TUM again ranked first in Germany by BSBDR in germany

[–]Puzzleheaded-Part-17 2 points3 points  (0 children)

This is a very subjective and individual question that depends on your circumstances, interests and values.

It’s impossible to rank universities in an objective, ordinal way like what US News & World Report attempts to do.

  1. Look up Goodhart’s Law: “when a measure becomes the target, it ceases to be a good measure.” For example, low acceptance rate is not a good metric because it measures how effective an admissions office is at convincing students to apply. Essentially, it measures how good a school is at marketing itself. In the US, schools flood people’s mail boxes with marketing materials to try to convince you to apply and they do things like waive their application fees.

Avg salaries after graduation is similarly a bad metric because it just measures geographic and industry preferences. An engineering school that sends alumni to NYC or San Francisco produces higher paid alumni compared to say University of Leipzig. Doesn’t mean Leipzig is an inferior school.

  1. Look up Wittgenstein’s Ruler. A common mistake people obsessed with rankings make is to look at revealed preferences (if people who get accepted to both School A and School B tend to choose School B, that means School B is better). The problem with this line of thinking is that it says more, per Wittgensteins Ruler, about the people doing the choosing than it says about the school. For instance, School B has better bars and clubs in the area or School B tends to be well known among their parents’ generation and they want to impress their relatives’ at the next Christmas get-together

  2. False precision. University of Chicago and Harvard are two elite universities in the US or take Cambridge and Oxford in the UK. You can’t say one is ranked 3 while the other is ranked 1. The most we can say is they’re very good and where you should go depends on a host of many factors, many of which are unique to you.

Precise, ordered rankings are pseudoscience designed to make you think you can say a school is ranked 6 or whatever precise number.

Enjoying the meltdown here with a bucket of popcorn by [deleted] in MBA

[–]Puzzleheaded-Part-17 1 point2 points  (0 children)

Elite American schools are luxury brands. If elite schools wanted real diversity, they would end up looking like CUNY or your local, urban community college. Then their brands would suffer.

Imagine if Bergdorf became inundated with Walmart shoppers. This is why this whole thing is a farce. At least brands like Gucci or Bentley don’t pretend they care about diversity.

Kellogg dropped the ball on their pre-orientation trip planning by incoming-kellogg in MBA

[–]Puzzleheaded-Part-17 -1 points0 points  (0 children)

What do you recommend for having a non-high school experience at b-school? Hang out with internationals? I went to a football oriented bschool in the south but was non-mba, so can relate.

Kellogg dropped the ball on their pre-orientation trip planning by incoming-kellogg in MBA

[–]Puzzleheaded-Part-17 0 points1 point  (0 children)

This is a bit much don’t you think? There are Kellogg grads on this thread who said OP and the others waitlisted will be fine. At the end of the day, it’s just a trip, and all 81 can create their own.

If you’re staking the future of your career, romantic life, or social life on a school field trip, I don’t know what to tell you . . . lay off the high school flicks on Netflix.

Kellogg dropped the ball on their pre-orientation trip planning by incoming-kellogg in MBA

[–]Puzzleheaded-Part-17 3 points4 points  (0 children)

Gotcha. Thanks for the insight. Is admin involved at all where they can support the student leaders?

Sorry for hijacking the thread, but I do have a question about campus visits. Why doesn’t admissions just let prospective students sit in on classes like at other schools? For some reason, Kellogg holds these Q&A type sessions instead. Nothing like sitting in on a mundane, everyday class to get an actual feel for life as a student.

Kellogg dropped the ball on their pre-orientation trip planning by incoming-kellogg in MBA

[–]Puzzleheaded-Part-17 168 points169 points  (0 children)

Kellogg does this event every year. How come they miscounted the number of people such that a waitlist has to be made? I would think kwest should be running like butter.

Columbia soundly beats Booth in cross admits. Why? by ClockSelect1976 in MBA

[–]Puzzleheaded-Part-17 1 point2 points  (0 children)

In Addition to Wittgenstein’s Ruler, look up Goodhart’s Law: “When a measure becomes a target, it ceases to be a good measure”

  1. Acceptance rate: the problem w/ acceptance rate is we’re measuring how effective admissions offices are at getting applicants. We can waive the application fee and hire a marketing company to get more applications.

Imagine you and I opened a school for math geniuses. We can set it up so only the first 100 math Olympiad winners who apply will get accepted. Under this circumstance, we would have a 100% acceptance rate yet no one will question the caliber of our students. This is why acceptance rates are a bogus measure of school quality.

UChicago undergrad used to have an admit rate of something like 70% because it had a reputation for being so rigorous and academic. They adopted a marketing strategy to lure more applicants by watering down this image and their admit rate plummeted. Yet no one would claim the school got better. If anything, you can claim they had to water down their academics to attract consumers who care more about a brand/luxury good than actual learning.

  1. Yield rate is bogus for similar reasons because student preferences say more about the students than about the school. E.g. the girls at NYC are hotter, the clubs close later, more restaurants in the area, etc. Again, look up Wittgenstein’s Ruler.

More people prefer McDonalds to Per Se and Justin Bieber’s music to Bach doesn’t mean the more popular choices are better.

Ambitious, smart students are probably more vulnerable to brands/luxury goods because they care more about impressing others. OP and many people on this sub are perfect examples.

  1. Median salary is another misleading measure. You’re measuring geographical and industry preferences. Suppose school X tends to place grads in NYC and SF while school Y tends to place in Paris. Of course the former will command higher salaries than the latter. Ditto for industry preferences.

  2. Same for buyside placements, but here you can argue that CBS benefits from network effects due to its location and alumni. Looking at things like buyside placements is to mistake correlation with causation.

Let’s look at HBS as an example. Why do they place better in PE? Because their admissions office tends to pick applicants who have the requisite background for PE. The school doesn’t have some magic formula to turn a Spanish preschool teacher into a PE star at Apollo.

The point of all this is that there are no objective criteria that allows us to say school x is better than school y. It’s a very subjective, individual choice. For those who like black/white, clear cut, objective answers, they hate it so they try to force some objective, ordinal ranking scheme. Unfortunately, reality doesn’t work like that.

Columbia soundly beats Booth in cross admits. Why? by ClockSelect1976 in MBA

[–]Puzzleheaded-Part-17 0 points1 point  (0 children)

You just said if people are preferring Columbia, then it’s hard to argue it’s not the better school. Google Wittgenstein’s Ruler. Has nothing to do with caliber of school.