University of Chicago's Graduate School of Business which, annoyingly, doesn't have a name, held a conference call "chat" with prospective students this morning. One guy asked "How would you consider my application given I have a 2.0 undergrad? Do I have a shot?" The limp-wristed answer from the admissions office was, "Well, that's hard to say...maybe you're strong in other areas...I'm hesitant to say because of unknown variables," blah blah blah. Kind, but not helpful to 2.0 Boy. Since you people fancy yourselves as experts on all things b-school, what do you think? Does Jimmy Cayne have a better shot of being named the new chairman of the Federal Reserve? Or, for those who regard anything but HBS or Wharton on par with University of Phoenix's Business School, does a 2.0 = this thing is in the bag?
Comments
Posted by guest, Jul 16, 2008 12:40PM
This sounds too much like "my friend has a problem"
Bess whats your GPA?
Posted by StMarc, Jul 16, 2008 12:41PM
No shot, especially with the weak economy. Anybody who can is hiding from the real world in grad school.
M
Posted by asg, Jul 16, 2008 12:46PM
"If the applicant is old, say he's too old; fat, say he's too fat..."
/Fight Club Reference
Posted by guest, Jul 16, 2008 12:47PM
It's so funny to watch those chats- I'll be a 1st yr. MBA student this fall (see my vanishing act from the mortgage market) and I can't tell you how many people would ask me things like that after I researched all the schools in which I was interested. The most interesting thing, though, was meeting with 2nd year students and recent alums from some of the top MBA programs (GSB, HBS, etc) and finding out how they couldn't put it together. Yah, you might have some more technical knowledge than me, but if you can't see how finance, accounting and marketing work together for product development (for example) then have fun being a middle manager for the rest of your life. Strangely enough, it was the kids who got 2.0-3.5 or so who seem better able to fit it all together.
Posted by TheEngineer, Jul 16, 2008 12:53PM
What's his GMAT score?
Posted by guest, Jul 16, 2008 12:56PM
All I know is that you still call the Doctor who graduated at the bottom of his class "Doctor".
--Calgary Schmooze
Posted by guest, Jul 16, 2008 1:00PM
As a current GSB'r I know it is possible but with a 2.0 highly unlikely. The rest of the package must be terrific. Regardless, this guy should line up a bunch of safety schools....
Posted by guest, Jul 16, 2008 1:02PM
If he works for a non-profit, then he is guaranteed admission. They need to fill out the industry diversity quotas and since most non-profit people are lazy slackers the 2.0 is fairly competitive among this demographic.
Posted by lemmerdeur, Jul 16, 2008 1:09PM
"I'm hesitant to say because of unknown variables," like how much money you and yours will donate.
..........
Having experience some of the Donation Kids at Brown, I can tell you they will accept a person with a 2.0 IQ, let alone a 2.0 GPA.
Posted by guest, Jul 16, 2008 1:10PM
If he has a strong GMAT (say 770-800) then he can just make up a strong story on his essay.
Posted by guest, Jul 16, 2008 1:10PM
Sure he can get in. In fact, GSB is one of the few quality b-schools he could get in with a 2.0 (and a +600 GMAT). Apply to the part-time GSB program in a slow admission period (December for Winter Quarter) and request a transfer to the full time after about a year. In September 2010, you will join the other full-timers (assuming you pulled A's in the previous classes) as a Full Time second year.
Posted by guest, Jul 16, 2008 1:19PM
I got accepted to a second tier school(Duke) with a 2.0 and 720, many moons ago.
I was surprised.
Posted by guest, Jul 16, 2008 1:19PM
a 2.0 GPA says "i didn't give a shit, probably still don't".
i don't care what your GMAT was, i wouldn't let you in.
Posted by guest, Jul 16, 2008 1:21PM
B school is totally overrated, good way to waste a couple of hundred G's
"I dont make money, I print it"
Posted by guest, Jul 16, 2008 1:21PM
Duke 2nd tier... Dude, you must be putting like 40 schools on each bucket.
Posted by guest, Jul 16, 2008 1:22PM
@1:10 GSB doesn't allow people to move between part time and full time programs anymore. They put a stop to it about 3-4 years ago.
Posted by guest, Jul 16, 2008 1:25PM
Are the options coming out of a Bschool like Duke that drastically different than HBS/Wharton, etc.?
Obviously, only the top of the top will recruit from HBS/Wharton -- but for schools just below that (i.e. Duke) -- I imagine the exit opportunities are still very very lucrative, correct?
Posted by TheEngineer, Jul 16, 2008 1:27PM
It'll all depend on his essays and letters of recommendation in the end.
Posted by guest, Jul 16, 2008 1:28PM
@1:21
duke is not a top-tier b-school, IMO. The value of a b-school degree drops considerably once you get out of the top 10, if not 5 schools. Sometimes I wonder if even the top 5 are worth the all-in cost.
Posted by guest, Jul 16, 2008 1:32PM
Being on the admission committee of one of the schools Bess mentioned, I have to admit that this guy still has a chance, but with a huge BUT
I.e. - he has to at least present improvement since his undergrad. GMAT > 750 would definitely help as well as somewhat impressive career track. He has to explain what went wrong with his BA studies, and how he managed to fix his life. And that could be one hell of a story
Posted by guest, Jul 16, 2008 1:34PM
1:32:
I suggest he makes up a story about overcoming heroin addiction at age 22. It shows he's scrappy and committed. And also explains the 2.0.
Posted by girl, Jul 16, 2008 1:36PM
@ 1:34,
All jokes aside, I actually knew someone in university who used that to get into a masters program and it worked.
All i ever faked was the oddcase of mono/wisdom teeth removal here and there to get out of class
Posted by merkin capital partners, Jul 16, 2008 1:40PM
How has no one mentioned the surefire way to admittance? Forget Brown U....he needs brown skin. They won't care if he can read if he is black and if he happens to be American Indian (feather not dot) then GSB won't even require evidence of brain activity.
Dark fellow from my undergrad got into UPenn law with a 159 and a 2.5.
Posted by guest, Jul 16, 2008 1:42PM
@1:40 - Sen. Helms? I thought you were dead already. Hang on, let me get a shovel and we'll get you back in that grave.
Posted by guest, Jul 16, 2008 1:48PM
@1:43 - better question: why on earth would you want to go to HBS? I mean, sure, you get to act obnoxious for the rest of your life telling people about how you want ha-vahd, but the fact is that Chicago, Wharton, Stanford and a number of other programs are better.
Posted by guest, Jul 16, 2008 1:50PM
1:48 has it right. Who cares about HBS? Chicago, despite its lack of a name,is one of the best b-schools in the world.
Which means Mr. 2.0 is pretty much SOL.
Posted by Headless Horseman, Jul 16, 2008 1:51PM
Depends on whether the 2.0 is the result of unbridled stupidity or apathy brought on by boredom. Irrespective of the cause, the first hurdle will be finding an admissions person that is capable of such differentiation.
Posted by guest, Jul 16, 2008 1:51PM
@1:43 - stop being lazy and go to their website....stupid question
Posted by Lowly Assistant, Jul 16, 2008 1:52PM
@1:48,
You're obviously a masochist. DB's about to fall on you in droves!
Posted by guest, Jul 16, 2008 1:52PM
@1:43 - stop being lazy and go to their website....stupid question
Posted by guest, Jul 16, 2008 1:52PM
@1:43 - stop being lazy and go to their website....stupid question
Posted by guest, Jul 16, 2008 1:53PM
@1:43 - stop being lazy and go to their website....stupid question
Posted by guest, Jul 16, 2008 1:53PM
Just because I'm a glutton for punishment, what does Dealbreaker's illustrious readership think of the Smith school @ UMD?
Posted by guest, Jul 16, 2008 1:54PM
@1:43 - stop being lazy and go to their website....stupid question
Posted by guest, Jul 16, 2008 1:54PM
@1:43 - stop being lazy and go to their website....stupid question
Posted by guest, Jul 16, 2008 1:54PM
Start a brothel first, then apply.
"Princeton could use a guy like Joel"
- Risky Business
Posted by guest, Jul 16, 2008 1:54PM
You said guy, meaning male right? No shot.
I went to GSB and have heard of a woman with a low 500s GMAT, which is on par, or maybe worse than a 2.0 GPA.
Posted by guest, Jul 16, 2008 1:55PM
@1:43 If you can't Google your way to US News to figure out what the average GMAT and GPA are for HBS, or not double post for that matter, then you probably don't belong at HBS. I hear university of georgia has a rocking school for you...
Posted by guest, Jul 16, 2008 1:56PM
Seriously, I have worked with more dumb ass HBS grads than I care to remember. More often than not they are not just stupid, they are RETARDED. Cant grasp even the simplest trading concepts.
I would take some of Jimmy Caynes guidos over these tools anyday of the week.
"I dont make money, I print it"
Posted by guest, Jul 16, 2008 1:57PM
@1:43-- fuck these haters. for hbs you need a 400 gmat and 1.7 gpa. hope that helped.
Posted by guest, Jul 16, 2008 2:03PM
No shot, I don't care what the other credentials are, none of the top-30 MBA programs (at least full-time) will accept a 2.0 GPA. Probably not even a 2.5 GPA. Which is sad because as a previous poster stated, somehow those turn out to be the greatest businesspeople.
Posted by guest, Jul 16, 2008 2:09PM
He won't get in, even if everything else on his application is great.
Sucks too, because I know some people with 3.8-4.0 GPA's that got into HBS, Wharton, Kellogg, etc. and these might be some of the dumbest mofo's I've met. They might ace an exam/paper after studying all night, but hell in the real world, you have to hold their hands for everything when they don't have a textbook or lecture notes in front of them...
Posted by guest, Jul 16, 2008 2:14PM
@1:58 - pretty much anybody has a shot at HBS. They enroll over 900 students a year (and accept many more). HBS has to fill their diversity quotas, so you get random idiots from all walks of life, who then get decent jobs simply because of the "name." Half of the students enrolled had no business being there.
- recent HBS grad
Posted by guest, Jul 16, 2008 2:19PM
Anybody know what type of mayo HBS uses for its tuna sandwiches?
Posted by merkin capital partners, Jul 16, 2008 2:20PM
@1:42...senator frank, is that you? Sounds like you have food in your mouth. Could be cock though.
Posted by guest, Jul 16, 2008 2:24PM
2.0 guy needs to start a really unglamorous business, like carpet installing.
Build it up, work his connections, grease a few palms for some country contracts.
Bring in a deep-pocketed partner, expand like mad, get even bigger.
Then HIRE those fancy b-school bozos to keep his books while he boats around the harbor as his trophy wife yanks him off while wearing a Brazilian bikini.
Posted by guest, Jul 16, 2008 2:46PM
1:42, they did studies and found that at some GPA/SAT level (I forget the exact details) - asians has like 8% chance of being admitted, whites 12%, hispanics 60% and black 90%.
This was on the WSJ. So merkin just pointed out the truth. Now who is the real racist here?
Posted by guest, Jul 16, 2008 2:47PM
@2:24
I agree, most ppl coming out of HBS are too stupid to start their own business and the ones that realize that drop out. Otherwise, they make great slaves - i.e. working for less than $20/hour. Haha, they can suck it - don't worry I pay well.
Posted by guest, Jul 16, 2008 2:51PM
@ 2:46
That is sad but true. A buddy of mine in med school is in class with a black pregnant woman who was admitted with around 2.0 GPA and a FUCKING 19 on her MCAT. I have heard bad score but I think I could guess better than a 19 on the MCAT. He also said that it is in girls favor to apply when they are pregnant.
Posted by guest, Jul 16, 2008 2:59PM
@2:46 - Cite all the studies you want, but you're still a bunch of whiny-ass losers who needs to blame the "minorities" for your own manifest failure to get ahead in life.
Posted by DrederickTatum, Jul 16, 2008 3:01PM
There are really only three legit business schools - MIT, Chicago, and Wharton.
The rest are country clubs and marketing schools.
Posted by guest, Jul 16, 2008 3:03PM
Also depends on where this guy went to undergrad and what he studied. If he got a 2.0 at cornell as an engineering major, that's infinitely better than a 2.0 at something like a University of Phoenix with a major in communications.
Posted by guest, Jul 16, 2008 3:06PM
@2:59 Hear, hear, exactly why that argument is such a non-starter. Could you imagine being that kid who had to go to the supreme court because he couldn't get into Michigan Law? How embarassing must that be?
IT always struck me as odd that conservatives in particular bitch incessantly about this stuff. Try being less pathetic.
Posted by Investorcluzo, Jul 16, 2008 3:17PM
@dt - seriously? you have just listed a bunch of schools that will produce CFO's at best (let's hope they don't cook the books). I would agree the named schools turn out some very intelligent people, but america needs leaders - not a bunch of quant jocks. that's why we're in this mortgage mess now! hbs has the largest class of students. so yes, you will get a few rotten (and spoiled - read legacy) apples.
bottom line: everyone one loves to hate the best (dallas cowboys, yakees, etc), but that's because they're just jealous. I'm willing to admit that each school has their own expertise at which they excel, but pound for pound, hbs dominates in the global arena. let's be honest, this thread wouldn't have even started if the school in question was hbs.
Posted by guest, Jul 16, 2008 3:22PM
2:59, last I checked asians were minorities, as were indians (dot nor feather) as well as jews. They are actually the ones discriminated against even more than whites.
Nopes, this isn't really a minority issue. Or maybe you will now argue that 'some minorities are more equal that others'?
Oh, and spare the tears for your failed brethren - even with the full force of affirmative action with them (and against me) I still managed to get into an excellent school with no connections and am doing pretty good for my peer group, thank you very much.
So am I to assume that your bhrethen who could not best be with so much backing are really low life scum? Inferior human beings?
Posted by guest, Jul 16, 2008 3:55PM
Maybe a 2.0 in a science or engineering undergrad degree from one of the top schools.
Hell, if he got a degree in industrial engineering, he's already mastered the MBA course material, except for maybe the writing, er, bull-shitting skills.
Posted by guest, Jul 16, 2008 3:58PM
@3:55 You are a retard. Industrial Engineering has almost nothing to do with an MBA. It works if you want to work in industry, though (general management, ops, bshitting).
Posted by guest, Jul 16, 2008 4:01PM
Enron ruled. Big time. You all losers know (if you are old enough) that you secretly preferred a position at Enron vs the Excel mills.
Posted by merkin capital partners, Jul 16, 2008 4:06PM
3:22...well last you checked was a long time ago bc for admittance purposes Asians are not URM'S (under represented minorities). The black, the llllatino and the feather are the URM's.
Posted by guest, Jul 16, 2008 4:10PM
I usually do not comment but....
First off @ 3.22pm
I love how "conservatives" go on about how affirmative action is against them... You benefit from a society that has systematically disenfranchised minorities for centuries - first w/ slavery, then w/ jim crow laws. Ironically, the biggest beneficiaries of AA are not black ppl but white women - I don't hear you railing much about them ... only those evil brown/black people who intimidate you so much.
Normally I would give you a few examples to set you straight but I won't waste my time. Good luck in school; I can already see you for the future corporate weasel you will become.
Finally in response to Bess - a 2.0 GPA might scrape by if the rest of the application is bullet proof; but in a highly competitive year like this, the bar has been raised - unless he has done something in the meantime to showcase his academic process - CFA candidacy ~ classes at NYU or Columbia - homeboy is toast. In addition, you really do have to question his judgement - by asking the question he has been (mentally) flagged by admissions officers as a weak candidate, when he could have gotten a $200 - $300 consultation with an admissions consultant who could have given him the real low down.
646Hedgie - who also happens to be black as hell.
Posted by Suits, Jul 16, 2008 4:34PM
I hate it when people from Stanford or Chicago refer to their schools as "GSB", without specify which one. Even if it's obvious given the flow of the conversation, you still sound like a prick.
Posted by ep, Jul 16, 2008 4:38PM
Having done quite a bit of hiring for my firm, I have to say the following:
1. HBS is VERY over-rated in all categories other than getting an associate who will be able to bring capital into the firm later because of big-name parents. To a woman, every HBS student we hired was a recruiting error.
2. Chicago is by FAR the better school to recruit for PE (LBOs in my case) from. The trick it to thin out the socially inept. Everyone I've ever met from Chicago can just "get the work done," without even breaking a sweat. Getting a Chicago grad that you can put in the same building with an LP or target management is a different story. They are out there, but you have to look harder. (I prefer this problem to the HBS issue- they've all been bullshitting since age 4 so you can't really tell if they have no fucking clue what they are doing).
3. This next admissions round is going to be brutal. I applied to a number of schools during HBS and Chicago's most competitive years to date (judging by their percentage accepted- big floods of market refugees after 9/11) and it was a bloodbath. People I knew who should have been able to write their ticket (not just 4.0ers) were sent packing immediately. I was expecting nothing and surprised to get accepted all over the place. I suspect it will be worse this next round. A 2.0 is a VANISHINGLY small prospect in this environment. And by that I don't mean a 1% prospect either. Chicago has figured out that they are a top 3 school, they have begun to look for well-rounded candidates and though that means that GPA and GMAT play less of a role, their applicant base is going to be so large this time around, well, 2.0 is probably not happening.
Posted by guest, Jul 16, 2008 4:42PM
4:10, I also see that you are a trinity 'church' types - the typicaly perennial victim till the end of time.
First, to dismantle your argument piece by piece - latinos were not 'disenfranchised' any more than the asians or indians, whose country was rules by white people for 300 years. Incidentally most anti affirmative action lawsuits are these days filed by asians, not whites. So once again, please explain why hispanics should get such tremendous preferential treatment when the extent of 'disenfranchisement' that they faced was not different from that faced by other 'minorities'.
And as far as the 'black issue' goes, I used to live in DC which is 80% black. Almost EVERYTHING there is black run. If anything, there are multiple cities in this country which are totally black controlled and run.
All these cities run on budgets and have infrastructure which is better than most of what exists in cities in india and china. Yet, these 'black-run' cities are case studies in devastation - be it drugs, gangs, criminals, whatever whereas those poor indian and chinese towns keep growing at a fanatic pace.
So yes, your spiel would have held water 40 years back - now it doesnt. Black has assumed the mantle of failure and subsistence based on handouts - while blaming any and every failure on 'historical exploitation'.
The whole of asia (not just east and south but central too) was just as exploited by the west. Yet, today it stands to challenge the very western nations that exploited it - instead of blaming others for its failure and begging for money. Unfortunately, the black here have decided to be permanent victims - and even the successful ones believe that they are victims.
To quote another person from above " Cite whaetevr you want, but you're still a bunch of whiny-ass losers who needs to blame "others" for your own manifest failure to get ahead in life."
Posted by guest, Jul 16, 2008 4:43PM
Baruch has also figured out that they are a top 3 school. So let's see Baruch, Chicago, who's the third Thunderbird ?
Posted by guest, Jul 16, 2008 4:43PM
They're looking for under represented minorities. They don't need sob stories, just need to present a diverse class. If it was all about high GMATs with no regard to race, the classes would be filled with Asians that cheated on their entrance exams.
Besides, when I looked at the least deserving classmates they were all white males whose daddy was the CEO of some large company in the area.
Posted by guest, Jul 16, 2008 4:48PM
Heil 4:42 P.S. I carry a big inventory of pointed hats in white, purple, brown and black. Send me an email and maybe I'll include a torch for free.
Posted by guest, Jul 16, 2008 4:49PM
@ep 4:38
I was 3rd round in almost all schools post 9/11/01. Brutal brutal year. I think Wharton went from several hundred possible slots for 3rd and waitlist to 50. Everyone with anything wrong at all, got dumped no matter how stellar the rest of the package was. The story was the same everywhere else. The only programs I got into were the ones where I barely squeaked in 2nd round.
TIP for applicants - get your apps in early, it really does matter in times like these as everyone is bailing.
Posted by guest, Jul 16, 2008 4:58PM
Congrats Bess. It took several tries and some unpleasant diversions here but you managed to produce another 100+ comment thread.
Posted by guest, Jul 16, 2008 5:00PM
Any top 10 MBA vs. City/State U MBA who worked 60 hours a week while getting the sheepskin...who ya got.
Posted by guest, Jul 16, 2008 5:06PM
@5:02 No you retard. It gets lonely in the fields of the MidWest. So it's either the sheep or your sister.
Posted by BlackSwan06, Jul 16, 2008 5:15PM
Mr 2.0 needs to go to Kaplan, get a rockstar GMAT score, use his essays to explain away his crap undergrad gpa and what he's done since then to compensate, make a burnt offering and hope for the best.
I've said it before, and I'll say it again... IMHO, the most important thing you walk away from after 2 years of how-to school the depth and breadth of the NETWORK. The stronger the network, the stronger your options are 2,3,5 years out.
@4:43 too true, too true... same deal with my undergrad days at one of the Ancient 8 - the best admissions stats (may have changed since the days of wax tablets and dinosaurs) were for legacies - 30%. And if papa made a bunch of $$$ donations... went up from there.
Posted by guest, Jul 16, 2008 5:16PM
I work at a large PE (and I don't care to mention the name) but every person we've hired from HBS was horrible and shown the door within 2 years. Ironically, our best guys got their MBA's from a 10-25 ranked program (or didn't get one at all).
Posted by guest, Jul 16, 2008 5:17PM
@4:22 - atlanta is overrun by gangs and drugs??? damn, you are misguided.
we all know that whitey throws around the AA card whenever his penis envy becomes to much of a burden to bear or his woman leaves him for a black man...
Posted by BlackSwan06, Jul 16, 2008 5:20PM
@5:16 - probably because the #10-25 MBA kids or no-MBA kids a) worked hard to be there, b) continued to work hard to stay there, c) didn't feel "entitled" to the job, and and d) didn't coast in on a "well, I went to HBS" attitude as if waving their magic diplomas around would get the work done.
Amazing what two years in Cambridge can do to a person...
Posted by guest, Jul 16, 2008 5:22PM
@5:16 blackcrow - FYI, HBS is not in cambridge, it's in boston (or alston to be specific)...and the only thing magic about the diploma is how fast it gets the panties to come off ( ;
Posted by guest, Jul 16, 2008 5:22PM
4:48, given that you have yourself accepted that you are an inferior person - I can understand your tragic situation. When out of arguments, all you can do it yell - racist racist.
That is unfortunately what your single 18 year old mother taught since the day you were born in the ghetto, and that is something she uses to survive on welfare till date.
Had you known your father, let alone spent any time with him, you might have turned out a little different. But dont let that hatred / disgust / feeling of abandonment by your father get you down - keep trying the shortlist of the 25 men you think might be your father. Who knows, one fine day you may just get to know what a fine crack dealer he was until the other gang shot and crippled him and then the aids got to him.
Posted by guest, Jul 16, 2008 5:24PM
They wear panties? After I claim to be from HBS no date has ever worn panties (unless I instruct her in advance to do so).
Posted by guest, Jul 16, 2008 5:27PM
@5:24 - I'm not talking about the same woman you bedded the night before, clearly you missed the point...perhaps they saw through your ruse - Haverford Business School is not the same thing as HBS.
Posted by BlackSwan06, Jul 16, 2008 5:29PM
@5:22 I knew it... I KNEW IT...
Yes yes, I know that "technically" since HBS is across the river it is in ALLSTON, not Cambridge, but generally since Harvard is most closely associated with Cambridge, Mass I took the chance of using Cambridge in slightly more metaphorical sense...
mea culpa. mea maxima culpa.
Posted by guest, Jul 16, 2008 5:36PM
If you need to mention that you went to HBS to get laid, what does that say about your personality/looks or lack thereof?
Posted by guest, Jul 16, 2008 5:38PM
suffolk county police officers average like 150k a year and they don't have school loans.
please stop being so full of yourselves.
Posted by guest, Jul 16, 2008 5:45PM
5:38, what are you doing here then. Shouldn't you be on their blog?
Posted by guest, Jul 16, 2008 5:53PM
hi 5:45,
i sit home and trade my personal wealth because even though i got burnt out from working on wall street(god, i hate that fucking term and am going to promptly punch myself in the face for using it), i sometimes miss the action.
financials are where the action is right now so i found this blog and it's been helpful in evaluating how good or bad things are, from the horses mouth so to speak. or ass.
i'm sorry if you were personally offended by my prior remark. now go back to working on a spreadsheet or something and i'll go back to deciding whether i want to buy LEH bonds.
have a great evening!
Posted by guest, Jul 16, 2008 5:57PM
As someone who reads applications for a top 5 school and as someone who is just finishing his first year, all I can say is that just because you have a 2.0 doesn't mean you can't get in. You better be darn f'ing good at something else though. What if you an Olympic medallist, or someone with a navy star, or something out of the world spectacular to overshadow you complete lack of judging priorities (I can say this because I had two really hard UG majors, worked fulltime and went to school fulltime, but still ended up getting good grades. UG grades are not that hard to achieve).
If you have a 2.0, less than 600, are one of the majority candidates, and have no spectacular achievements, then why the heck should one look at you...?
Posted by guest, Jul 16, 2008 6:09PM
Again, fingering females on CNBC would be great for the trading room!
Posted by guest, Jul 16, 2008 6:40PM
5:53 said "i'm sorry if you were personally offended by my prior remark."
You hardly offended me and if anything, you should be offended at yourself for the stupid statement that you made. Suffolk officers start at a base of 57 and then get to 97 in 5 years. Add overtime and you may get to about 120 in 5 years time. Not to forget, you are out there on the street attending to calls, handing out tickets and carrying the risk of getting shot by a gangbanger. Oh, and how can you forget the colleagues - ranging from barely high-school grads to community college slobs.
Somehow you recommend that people here aspire for that, or somehow consider that in awe? And btw what are the exit options if lets say your dont like the job. Security guard?
Snark should be a minimally used tool cause more oftern than not, it is not snark by stupidity that comes out.
Posted by guest, Jul 16, 2008 6:51PM
hi 6:40,
wow i really hit a nerve and not on purpose. if you add in the value of their total comp (pension benefits, etc.),
my number is pretty close. but that's not really the point.
this is:
"Oh, and how can you forget the colleagues - ranging from barely high-school grads to community college slobs."
did you really just type that, you cretin?
thank you for supporting my claim that you're really full of yourself. and i promise you it's for no good reason. at least your mommy thinks you're special.
now make make sure to work real hard on a snark-y reply while i try to figure out how many LEH bonds i should buy tomorrow. i promise you it'll be more than you'll make the next 5 years.
have a great night, you snotty little weirdo.
Posted by guest, Jul 16, 2008 7:19PM
Based on the 6-7 encounters that I have had with the 'finest' of NYPD, related to traffic and parking tickets and 1 minor acccident - I FULLY stand by my community college slob statement.
Oh, and I bet the head of Suffolk PD pocketed a neat 300k with all benefits - including a white crown vic (wow!). Or was it a malibu? When I compare that with what my md makes, it makes me wanna weep.
So indeed, it was a brilliant comparison that you chose. I hope you apply similar analytical skills to the fake LEH bonds that you intend to buy with your monopoly money tomorrow.
Coz after all, I am sure that a gem of an investor with more than 5 years of my future income to splurge on a single trade would suddently realize and actually state "financials are where the action is right" (!!)
then that great investor would start off his multi million dollar investment research by googling and getting onto a gossip site, where he would chose to waste a better part of the afternoon trifling with people who are here to spend some downtime in between work, all the same glossing about pay at suffolk PD.
oh I am sorry, i wont take up more of your time. I am guessing that are taking steve (schwarzzman of course) for a spin on your new bentley continental after the dinner apoointment you have with him to discuss LEH bonds?
Posted by guest, Jul 16, 2008 7:35PM
hi 7:19,
my original comment was that suffolk county police officers make 150k a year and don't pay student loans. i didn't insult your chosen career, which i presume is "analyst". i suppose we could argue whether they deserve to earn more or less, but that wasn't the point.
talk about a serious reaction formation on your part. lol
you use a declarative statement as an opportunity to bash police officers. why so defensive?
i'll admit you're probably a whole lot smarter than me. does that make you feel good? my mba is less valuable than yours. does that make you feel even better? i was the head otc trader of a boutique firm which was purchased by a big IB in 2000. i already admitted i was burnt out and took my money and ran. retired at 41. does that make you feel better about yourself?
is wish you luck with your wall street career. you'll need it with your hubris.
i'm sorry it offends you that i manage my own money.
i really do need to get ready for dinner, so have a great evening.
and what's with your obsession with cars?
Posted by guest, Jul 16, 2008 8:09PM
" i didn't insult your chosen career, which i presume is "analyst"."
"Analyst" is not a career. This could take a long time to explain so lets leave it there. Oh, and not an analyst either.
"you use a declarative statement as an opportunity to bash police officers"
Actually your statement (with the implied meaning explicitly stated) was - "You Harvard trained bankers should not be so full of yourselves because police officers at Suffolk average 150k and have no student loans."
Apparently you STILL do not see how absurd that statement was. Makes me wonder if you even know how much people are making. Or what being a suffolk pd officer involves. Or who chose to typically be suffolk pd officers.
On an anonymous internet forum, it does not matter if you are a 41-yr old retired head otc trader or a 17-yr old stripper. If you make absurd statements, then be prepared to defend them.
"i'm sorry it offends you that i manage my own money. "
Actually, it is the reverse. It looks like you consider it to be some great feat that you have quit and are managing your own money and are craving for acknowledgment of the same from people.
And anyways, being a little full of it is necessary - otherwise everyone would go to community college and then become a police officer at suffolk PD.
Posted by guest, Jul 16, 2008 8:16PM
I bet both of these guys are terrible people to hang out with!
Posted by guest, Jul 16, 2008 9:16PM
drop the towel, Levin: http://tinyurl.com/67h2uk
Posted by guest, Jul 16, 2008 9:26PM
Guest@7:35pm...
Don't let these clowns discourage you. You came to DB looking for info and advice on fixed income, and what did you get? Yo got dumped on by these goons. I don't think they know enough to advise you anyway.
Mix it up with them. That's what they like.
I told them today that the SEC was going to "gape" the asses of the shorts. They got all spun up and attacked the hell out of me with all their techno-jargon. Hahaha. They'll still end up with gaped asses.
I also insulted their exalted positions and their lofty opinions of themselves by calling them "rank-and-file Wall St goons". Hahah. They really roared again because, after all, they "deserve" a $110k bonus just for showing up and not getting fired for a few years.
I'll be 60 before the year ends, and they always blast me. You told truths about yourself just as I did 3 months ago. I get accused of lying, exaggerating, you name it.
I believe what you say about yourself. Give yourself a moniker, just as I have. Then when I see your posts, I'll say hello.
BTW, you are to be congratulated, not hammered. Look at the counter on the posts...138. That's because of you. You've made it a good day for DB.
Those idiots are all probably shit-faced drunk by now. They've had a hard day, you know.
The Guy from Delaware
Posted by guest, Jul 16, 2008 9:46PM
bess and some chick about to make out: http://tinyurl.com/5cvjql
Posted by guest, Jul 16, 2008 11:23PM
Hi all,,
My name is Ravi and I am considering application to Chicago Graduate School of Business and Wharton School this Fall. I have 6 years of work experience at major IT company in India and I recently gave GMAT and received 780. I would like to start a career in private equity and wondering what is best way for me to do this? With my GMAT score, will I get into Wharton? With my GMAT score, once I am at Wharton, will I get into Kohlberg, Kravis & Roberts Co.?
Posted by guest, Jul 17, 2008 3:04AM
Dear Ravi,
As a fellow native of India who went to the prestigious Indian Institute of Technology before a top-5 MBA in the US and now rolling with a job with a top-3 Consulting firm I feel you've got an excellent chance of getting into Chicago AND Wharton. Once there you not only have a very good chance of getting into Kohlberg, Kravis & Roberts, but also Blackstone, Carlyle, TPG, Bain, Apollo, Tommy Lee & Silver Lake. In fact, all the aforementioned firms are going to be begging for you to join them because you are smart Ravi from India with the 780 GMATs. In fact, a smaller firm such as Cerberus will insist on having you and will therefore double the offer that both KKR & Blackstone give you. Because they know that you are a baller in the making because you, like ME, are smart Indian guy. Of course your chances are reinforced if you were smart like me to go to IIT. But in any case your chances are excellent.
Viva la India!
Neil
Posted by guest, Jul 17, 2008 8:07AM
@11:23 But don't underprice yourself if when you do get an offer. Always ask at least for twice of what they are offering you. And make them know that you want to start as MD.
Posted by guest, Jul 17, 2008 8:30AM
@11:23
Also, they will be interested in seeing the size of your dick. So make sure whip it out during the interviews.
Posted by guest, Jul 17, 2008 9:14AM
I got an 800 on GMAT but have terrible hemorrhoids. Will HBS take me?
Sol Rosenberg
Posted by guest, Jul 17, 2008 9:41AM
Neil,
Wow that is my dream when I come to America!!! I want to receive 3-4 private equity offers when I am a student at Wharton or Chicago and then see which firm will pay highest dollar amt for my services :)
Also, do you think it will be possible to have firm pay my relocation expense from Chicago to New York??? I currently only make approx. $10,000 USD/yr and will find difficult to relocate from Chicago to New York.
Ravi
Posted by guest, Jul 17, 2008 9:41AM
Neil,
Wow that is my dream when I come to America!!! I want to receive 3-4 private equity offers when I am a student at Wharton or Chicago and then see which firm will pay highest dollar amt for my services :)
Also, do you think it will be possible to have firm pay my relocation expense from Chicago to New York??? I currently only make approx. $10,000 USD/yr and will find difficult to relocate from Chicago to New York.
Does any firm give relocation $$$$ to ppl with high GMAT?
Ravi
Posted by guest, Jul 17, 2008 9:56AM
With that GMAT level you will not make money, wou will print it.
Posted by guest, Jul 17, 2008 10:02AM
@ Ravi
When you come here, give me a call... we can get married.
Posted by guest, Jul 17, 2008 10:06AM
@Ravi Don't get married you fool. Just ask for your harem of virgins when you pass by immigration. With those scores every woman in America will want to experience your manhood.
Posted by guest, Jul 17, 2008 10:18AM
Bengalis@11;23,@3:04,@9:41...
Here's my take on your ambitions in the USA:
I call you 'Bengalis' instead of 'Indians' so as not to confuse you with decent Native Americans.
Bengalis = thieves + swindlers. You'll fit right in with the bums at KKR, BX, Carlyle, etc. You may even have a good shot at an MD job right out of school because those firms are looking for diversity...
HF/PE Diversity = Bengali style of theft + swindling.
I don't know one damn Bengali here in Delaware who is anything other than as I've discribed. No one I know has anything good to say about you either.
If I see Bengalis in a Dunkin' Donuts shop, I won't go inside. I know that by going in there I'd get coffee from reused coffee grounds and yesterday's breakfast sandwiches being served today because they didn't sell the morning before. You also conveniently forget how to speak English when someone complains.
Look at your 3 postings. Nothing but "me,me,me". "How much can I hold out for?". You fucking clowns haven't even been accepted to grad school yet, and you're already trying to get estimates on how big your future paydays are going to be.
Maybe you should reconsider Wharton. 70% of this year's Wharton MBA grads couldn't get jobs.
Maybe you should also stay in India, and keep answering those phone calls from catalog shoppers in the USA.
The Guy from Delaware
Posted by guest, Jul 17, 2008 10:38AM
RAVI
God has answered my prayers. I am an Indian, pure, virginal and I know how to cook, swab floors and be abused by men. I am currently working in a call center in India but can I please get married to you right away. If you want to see my bio-data and photo, let me know and I'll set it across. I bet you've also mastered the art of the Kama Sutra. I will make good good love to you. And I'll cook you food. Together, we can have 5-6 children who you can support on your KKR salary. Screw India, I'm boarding the plane with you before you even get to Wharton. Let me know when you leave.
So now we have to organize our parents meeting each other. Your (parent's) place or mine?
Posted by guest, Jul 17, 2008 10:40AM
@10:38,
If Ravi is taken, will Neil do?
And if they're both taken will I do? Maybe you can teach me some of your Kama Sutra and Bollywood moves. I am Jewish, your are Indian, when we have kids they'll be Hinjew.
The Guy from Baltimore
Posted by guest, Jul 17, 2008 10:41AM
10:38 -- you actually pray to God for finding douche bags like these? Arent' they about half a billion men in India who you can tap into, why pray for these losers in Wharton Chicago and KKR.
Posted by guest, Jul 17, 2008 10:44AM
Delaware @10:18,
In all seriousness, is this true that 70% grads couldn't get jobs at Wharton? Can somebody plesae back this up. What about those people who interned over the summer between their first and second years? 70% sounds much, not even in the last downturn was that number as high.
Credible info. plesae.
Posted by guest, Jul 17, 2008 10:47AM
@ 10:38
Which one of the 330 million Hindu gods granted your wish?
and NO, I called dibs first!
Posted by guest, Jul 17, 2008 10:52AM
Ravi is not getting married. He has heard that american women are easy and is determined to superman every one of them.
Posted by guest, Jul 17, 2008 11:03AM
CredibleInfo@10:44AM...
I read that Wharton grad statistic in the newspaper back in May. I posted it several times on DB back then, but not one person even said a thing about it. Come to think of it, the article said either 2/3 or 3/4. I can't remember which. Old, you know.
The Guy from Delaware
Posted by guest, Jul 17, 2008 11:20AM
If you've already heard this one, or if your delicate sensibilities are offended, please chastise me appropriately. Otherwise, I hope you like it:
Do you know what that dot on the forehead of the young 'Indian' maiden is for?
It's the button her prospective groom pushes to find out if he gets a Dunkin' Donuts, a 7-11, or a gas station.
The Guy from Delaware
Posted by guest, Jul 17, 2008 11:25AM
Wow. That is the way it actually is. How did you find out?
Posted by guest, Jul 17, 2008 12:12PM
Ravi, you need to watch Van Wilder man. You are going to Wharton where you will learn the great American art of muff diving. Then you will wax that porpoise. Then you will juggle those tits to get milk. All in all its like going up the Ganges without a bamboo shaft.
Posted by guest, Jul 17, 2008 1:51PM
TGFD went to high school and some police department in the boonies. Also he thinks that "financials are where the action is". Because TGFD is all about them financials and such, I think Ravi should retain TGFD's services for career counseling for IB/PE/HF.
Also TGFD will work for nothing; he made his money yesterday by buying LEH bonds. So Ravi can afford him on $10000 a year.
Posted by guest, Jul 17, 2008 2:13PM
And now back to the topic of this thread
Getting in with a 2.0 is possible if you are perfect elsewhere. Another backdoor to UofC is to take GSB classes through the Graham school which will take anyone, ace them and get a recommendation from a prof.
Posted by guest, Jul 17, 2008 2:31PM
Wow TGFD, you really must be 60, as I think you're the only one on here who can't tell that Ravi isn't a real person.
Posted by guest, Jul 17, 2008 2:47PM
Guest@2:31pm...
Yeah, I guess even I can be fooled by you clowns every now and then. I'll have to sharpen up my "tools" and be ready for you the next time.
Nice going.
The Guy from Delaware
Posted by guest, Jul 17, 2008 7:13PM
" i didn't insult your chosen career, which i presume is "analyst"."
"Analyst" is not a career. This could take a long time to explain so lets leave it there. Oh, and not an analyst either.
"you use a declarative statement as an opportunity to bash police officers"
Actually your statement (with the implied meaning explicitly stated) was - "You Harvard trained bankers should not be so full of yourselves because police officers at Suffolk average 150k and have no student loans."
Apparently you STILL do not see how absurd that statement was. Makes me wonder if you even know how much people are making. Or what being a suffolk pd officer involves. Or who chose to typically be suffolk pd officers.
On an anonymous internet forum, it does not matter if you are a 41-yr old retired head otc trader or a 17-yr old stripper. If you make absurd statements, then be prepared to defend them.
"i'm sorry it offends you that i manage my own money. "
Actually, it is the reverse. It looks like you consider it to be some great feat that you have quit and are managing your own money and are craving for acknowledgment of the same from people.
And anyways, being a little full of it is necessary - otherwise everyone would go to community college and then become a police officer at suffolk PD.
hi 8:09pm,
sorry for the late reply, but i was a little busy today.
we can all plainly see that you're a rhetorical knife fighting expert. amazing the way you really broke me down there.
i already admitted in an earlier comment that you're probably smarter than me, so i'm not really sure what you have to prove. i would think an alpha dog like you would be a little less insecure.
now go back to your spreadsheet and the autotrader website. i'm sure your m.d. or p.m. is proud of you.
Posted by guest, Jul 17, 2008 7:23PM
"Guest@7:35pm...
Don't let these clowns discourage you."
Hi delaware guy.
discourage me?
hardly. i know the breed well. the average guy on this board has a shrine in their bedroom dedicated to stevie cohen which they masturbate furiously to each and every night after they get home late enough to get free black car service.
half of them are children of privilege trying to prove something to mommy and daddy who will pick them up if they fail, the other half are poor smart kids trying to figure out why the privileged kids get promoted before they do (*hint - their daddy has a 15mm account with your firm).
they mean no harm.
this place is means for showing everyone how much smarter they are than everyone else.
Posted by guest, Jul 17, 2008 7:27PM
oh, and i bought some MER and LEH 7 year out crap today on the open.
i'll buy more when they freak out again next week or the week after.
i'm still trying to figure out why that other guy hates police officers so much??
he must be a criminal
or
he got picked on and beat up in school every day by the sort of guy who became a cop.
100% the latter.
Posted by guest, Jul 18, 2008 4:25PM
He might have been a Rockefeller. Hopeless romantics generate income. Why kill the optimism that makes GSB fatter?
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Posted by guest, Jul 16, 2008 12:38PM
no shot