As you may be aware, business school applications are at an all time high this year. Something about some economic disruption, problems in investment banking or suchlike. Getting in is rather a tough ride this year. So the celebratory glee with which a "Top 10" acceptance would be greeted could border on hysteria. But those who the gods would destroy they would first elevate. The gods of Kellogg, that is.
Northwestern University's prestigious Kellogg School of Management this week erroneously sent notices of acceptance to 50 applicants it had decided to reject. The applicants are not happy.One of them, a 28-year-old Chicagoan, excitedly phoned his parents and enjoyed a celebratory dinner Monday after being notified by e-mail that he had been accepted. But the next morning, when the Lincoln Park research analyst logged onto the college's Web site to learn more about enrolling, he found out he actually had been rejected.
Is it overly mean of us to cite Nelson? Ha! Ha!
Kellogg applicants accepted, then rejected [Chicagobreakingnews.com]
Posted by guest , Dec 18, 2008 9:45AM
EP, its syke not psyche.
- Bboy
Posted by ep , Dec 18, 2008 9:47AM
"Posted by guest, Dec 18, 2008 9:45AM
EP, its syke not psyche.
- Bboy"
Not where I grew up.
Posted by guest , Dec 18, 2008 9:50AM
@ 1, not hwere i grew up, either. snot.
Posted by guest , Dec 18, 2008 9:51AM
You are both wrong, its actually
TIM (p)Sykes!!!
Posted by guest , Dec 18, 2008 9:52AM
they should be allowed in on principle now..
Posted by guest , Dec 18, 2008 9:54AM
@2
EP where you grew up doesn't count. No offense.
- Bboy
@3
Learn to spell.
Posted by cy , Dec 18, 2008 9:55AM
I heard that a CFA was better than an MBA anyway. Please discuss.
Posted by Rahodeb , Dec 18, 2008 9:59AM
I blame Sue the T-Rex. That snatch has been talking shit since CIM ball.
Posted by guest , Dec 18, 2008 10:01AM
@7 CFA = overcompensation for weak undergrad education.
Posted by guest , Dec 18, 2008 10:03AM
haha indeed, but is kellog really top 10? i mean maybe for non profit administration or something.
Posted by guest , Dec 18, 2008 10:04AM
CFA>MBA No
MBA>CFA No
MRS>PHD Yes
Posted by guest , Dec 18, 2008 10:06AM
@5 Yes, and "on principle" they should be allowed acces to TARP for their school loans. That would make everyone feel warm and fuzzy this Christmakah.
Posted by guest , Dec 18, 2008 10:07AM
Warren Buffett is a mean, crusty old wanker who likes to make little girls cry. Dude is also a bit out of touch with basic human relationship principles.
http://www.marieclaire.com/world/news/warren-buffett-granddaughter-nicole-buffett?src=syn&dom=yah_buzz&mag=mar&ha=1&kw=ist
Posted by Anal_yst , Dec 18, 2008 10:09AM
Cue lawsuits in 3...2...1...
Posted by guest , Dec 18, 2008 10:10AM
Northwestern officials described the error as a "technological glitch" isolated to the Kellogg school.
It's good to know the rest of the university isn't as developmentally challenged.
Posted by AJ , Dec 18, 2008 10:13AM
I think it's "psych"
Posted by guest , Dec 18, 2008 10:14AM
@1 it's "psych" as in to pull a "psychological trick" on somebody to "psych them out". E.g. a head fake.
Posted by Clown Capital , Dec 18, 2008 10:14AM
@9
me = CFA;
me > 25;
My Wealth > Your "Check"
"Suck my Schmeckle Madoff style..."
Posted by guest , Dec 18, 2008 10:15AM
@Anal_yst They have a tough case because an email is not a contract.
Posted by Anal_yst , Dec 18, 2008 10:15AM
more importantly:
"NEWS STORY FOR N. 4302 (Source: DJ)
10:09 12/18 =WSJ: MillerCoors Agrees To Take Caffeine Out Of Sparks Brand"
RIP Sparks...guess its back to RBV's for good (or until they ban that too)
Posted by guest , Dec 18, 2008 10:22AM
That Buffett chick sounds like an ungrateful little snoot. Keep your yap shut and avoid that alien lesbian Oprah and there would have been no problem.
Posted by american bandersnatch , Dec 18, 2008 10:23AM
Clear case of psychic trauma, emotional damages and loss on future income because they are now incapable of believing any notice they receive from a B-School or a future employer. Slam dunk case. Nobody should suffer any kind of pain or inconvenience without being compensated for such.
Posted by american bandersnatch , Dec 18, 2008 10:23AM
Clear case of psychic trauma, emotional damages and loss on future income because they are now incapable of believing any notice they receive from a B-School or a future employer. Slam dunk case. Nobody should suffer any kind of pain or inconvenience without being compensated for such.
Posted by Anal_yst , Dec 18, 2008 10:29AM
@19
Since when does standing or any actual concepts have anything to do with their ability to file suit in this country?
Just watch, they'll sue for emotional distress and pull either admission (full scholarship) and/or a few hundred k to settle out of court
Posted by guest , Dec 18, 2008 10:31AM
@21: Her dad cleared the J&J documentary interview beforehand. Who knows about the Oprah interview, though. Buffett's expectations for all family members regarding privacy were clear to her, so it's hard to be sympathetic to her sitauation.
Posted by guest , Dec 18, 2008 10:32AM
Crap, Schmeckel and Poop.
Posted by guest , Dec 18, 2008 10:33AM
CFA is useless (I have it)
Posted by guest , Dec 18, 2008 10:33AM
CFA is useless (I have it)
Posted by guest , Dec 18, 2008 10:36AM
Not as bad as the computer glitch that shut down the entire Canadian stock market yesterday.
Posted by guest , Dec 18, 2008 10:36AM
@13 good article thanks for the post. not her money.
Posted by guest , Dec 18, 2008 10:39AM
@19 *That* email may or may not be a contract (probably isn't) but an email certainly *can* form a contract. Happens all the time.
Posted by guest , Dec 18, 2008 10:44AM
I think the email could be a contract. Submitting an application is an "offer" to pay tuition and associated fees; the acceptance email is "acceptance" of the student's offer in contractual terms.
Posted by guest , Dec 18, 2008 10:52AM
27: CFA's not worthless. You are.
Posted by guest , Dec 18, 2008 10:52AM
So this chick is the daughter of a woman who used to be married to Buffett's son a long time ago...she goes on TV and says some stupid stuff and brings a lot of unwanted attention to the family...and she's complaining about what exactly?
Posted by guest , Dec 18, 2008 10:57AM
@34
saw a homeless bum studying for the CFA - yea exactly
assclown!
Posted by guest , Dec 18, 2008 10:58AM
It must suck to be turned down by the second best Business school in town...
Posted by guest , Dec 18, 2008 11:03AM
@33
Let me guess...You went to some crappy state school, had a crappy gpa, and decided to study for the CFA that any joe schmo can take.
wow you are a winner - considering there will be a huge slew of CFA's in India and Asia that will take your job producing useless excel models and leave you to fall back on nothing. Oh wait you have a CFA - i think you are qualified to be a barback at my bar...Wouldn't make you a full bartender you have no social skills sitting alone studying for those useless CFA tests.
terd
before you fire back (undergrad from Penn - MBA from MIT)
jerkface
Posted by guest , Dec 18, 2008 11:05AM
@37
Guys guys take it easy. Your both lacking where it counts.
You don't have heart.
Posted by guest , Dec 18, 2008 11:06AM
Bess, will you be my cum receptacle?
Posted by guest , Dec 18, 2008 11:09AM
@37 You major in trolling with a 2.0 GPA?
Posted by guest , Dec 18, 2008 11:11AM
@37 What's the saying? "Never hire anyone from Penn."
Posted by guest , Dec 18, 2008 11:12AM
Welcome to the job market of the future....
Posted by guest , Dec 18, 2008 11:14AM
@37
I officially nominate you for Douchebag of the Year
Posted by guest , Dec 18, 2008 11:14AM
@41
as a penn graduate i agree -
Posted by guest , Dec 18, 2008 11:18AM
@36
Isn't Chicago GSB the school that mysteriously stopped disclosing its admissions rate?
Posted by NegativeConvexity , Dec 18, 2008 11:27AM
Now I'm starting to worry that my accepted application to U of Phoenix was actually a mistake....
Mr Clown,
Slight correction, brotha:
me=CFA charterholder
you don't wanna violate their designation policy...
they might send one of those cantakerous proctors in a safety yellow construction vest to your house to stare you down and inspect your HP repeatedly...
Posted by guest , Dec 18, 2008 11:32AM
@37
do you like beagle puppies?
Posted by guest , Dec 18, 2008 12:21PM
@37 - Wow, when even the DB commentators think you're a douche, that's gotta be bad...
Also, surely @11 => MBA = CFA?
(Yeah, I'm fat, smelly unattractive maths nerd. Go figure...)
Posted by guest , Dec 18, 2008 12:28PM
@46: shouldn't your name just be "Concavity"?
Posted by guest , Dec 18, 2008 1:15PM
Lincoln Park = douche
Posted by Gordon Gekko , Dec 18, 2008 1:28PM
@32
I hope you're not a 1L, because your legal skills have a lot left to be desired
Posted by guest , Dec 18, 2008 1:34PM
Blah, blah - get to the point. How much did they pay for their fishing equipment?
Posted by guest , Dec 18, 2008 2:28PM
ok. I have both CFA and MBA (undergrad and MBA were both top ranked, and by top I mean top). Both the CFA and MBA were a waste of my time and money.
Posted by guest , Dec 18, 2008 2:35PM
Anybody else feeling powerless right now?
Posted by guest , Dec 18, 2008 2:39PM
since everything is relative, it would be better to know which one was better, CFA or MBA?
I would think the opportunity cost of an MBA is much greater than that of a CFA designation.
Posted by guest , Dec 18, 2008 2:40PM
since everything is relative, it would be better to know which one was better, CFA or MBA?
I would think the opportunity cost of an MBA is much greater than that of a CFA designation.
Posted by guest , Dec 18, 2008 3:18PM
MBA
Posted by guest , Dec 18, 2008 3:28PM
MBA from Top 5 well worth it over a CFA. Anybody can get a CFA - look at where most CFA candidates come from - back-office operations so they have plenty of time to study.
Posted by guest , Dec 18, 2008 3:32PM
better B-school....Duke or Darden?
Posted by guest , Dec 18, 2008 4:12PM
@59
better for itching... Monistat or Vagisil?
Posted by guest , Dec 18, 2008 4:51PM
cfa mba.....
i have
CRM
chartered relationship manager
...CRMs hire to think ...while we drink
what the hell is an excell anyways?
Posted by guest , Dec 18, 2008 8:33PM
...just what you'd expect from a second-tier b-school.
better off heading south and jumping on the ron jeremy-sized endowment at booth
Posted by guest , Dec 18, 2008 9:26PM
37- an MBA from MIT is not really a degree
plus everyone knows an MBA is complete bullshit, from top 5 to U. of Phoenix- you learn stat 101 from the same book freshman psych majors do, and your tests are easier...
oh, and Penn before '01 was a pretty shitty school- they rigged USnews and somehow are stuck in the top 5 now, but that is a recent trend. If you went to Penn pre 1997 you are most likely nowhere near as good as a student going there in 2009.