• 18 Dec 2008 at 9:31 AM

You’re In! Psyche!

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]

Comments (62)

  1. Posted by guest | December 18, 2008 at 9:45 AM

    EP, its syke not psyche.
    - Bboy

  2. Posted by ep | December 18, 2008 at 9:47 AM

    “Posted by guest, Dec 18, 2008 9:45AM
    EP, its syke not psyche.
    - Bboy”
    Not where I grew up.

  3. Posted by guest | December 18, 2008 at 9:50 AM

    @ 1, not hwere i grew up, either. snot.

  4. Posted by guest | December 18, 2008 at 9:51 AM

    You are both wrong, its actually
    TIM (p)Sykes!!!

  5. Posted by guest | December 18, 2008 at 9:52 AM

    they should be allowed in on principle now..

  6. Posted by guest | December 18, 2008 at 9:54 AM

    @2
    EP where you grew up doesn’t count. No offense.
    - Bboy
    @3
    Learn to spell.

  7. Posted by cy | December 18, 2008 at 9:55 AM

    I heard that a CFA was better than an MBA anyway. Please discuss.

  8. Posted by Rahodeb | December 18, 2008 at 9:59 AM

    I blame Sue the T-Rex. That snatch has been talking shit since CIM ball.

  9. Posted by guest | December 18, 2008 at 10:01 AM

    @7 CFA = overcompensation for weak undergrad education.

  10. Posted by guest | December 18, 2008 at 10:03 AM

    haha indeed, but is kellog really top 10? i mean maybe for non profit administration or something.

  11. Posted by guest | December 18, 2008 at 10:04 AM

    CFA>MBA No
    MBA>CFA No
    MRS>PHD Yes

  12. Posted by guest | December 18, 2008 at 10:06 AM

    @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.

  13. Posted by guest | December 18, 2008 at 10:07 AM

    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

  14. Posted by Anal_yst | December 18, 2008 at 10:09 AM

    Cue lawsuits in 3…2…1…

  15. Posted by guest | December 18, 2008 at 10:10 AM

    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.

  16. Posted by AJ | December 18, 2008 at 10:13 AM

    I think it’s “psych”

  17. Posted by guest | December 18, 2008 at 10:14 AM

    @1 it’s “psych” as in to pull a “psychological trick” on somebody to “psych them out”. E.g. a head fake.

  18. Posted by Clown Capital | December 18, 2008 at 10:14 AM

    @9
    me = CFA;
    me > 25;
    My Wealth > Your “Check”
    “Suck my Schmeckle Madoff style…”

  19. Posted by guest | December 18, 2008 at 10:15 AM

    @Anal_yst They have a tough case because an email is not a contract.

  20. Posted by Anal_yst | December 18, 2008 at 10:15 AM

    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)

  21. Posted by guest | December 18, 2008 at 10:22 AM

    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.

  22. Posted by american bandersnatch | December 18, 2008 at 10:23 AM

    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.

  23. Posted by american bandersnatch | December 18, 2008 at 10:23 AM

    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.

  24. Posted by Anal_yst | December 18, 2008 at 10:29 AM

    @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

  25. Posted by guest | December 18, 2008 at 10:31 AM

    @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.

  26. Posted by guest | December 18, 2008 at 10:32 AM

    Crap, Schmeckel and Poop.

  27. Posted by guest | December 18, 2008 at 10:33 AM

    CFA is useless (I have it)

  28. Posted by guest | December 18, 2008 at 10:33 AM

    CFA is useless (I have it)

  29. Posted by guest | December 18, 2008 at 10:36 AM

    Not as bad as the computer glitch that shut down the entire Canadian stock market yesterday.

  30. Posted by guest | December 18, 2008 at 10:36 AM

    @13 good article thanks for the post. not her money.

  31. Posted by guest | December 18, 2008 at 10:39 AM

    @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.

  32. Posted by guest | December 18, 2008 at 10:44 AM

    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.

  33. Posted by guest | December 18, 2008 at 10:52 AM

    27: CFA’s not worthless. You are.

  34. Posted by guest | December 18, 2008 at 10:52 AM

    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?

  35. Posted by guest | December 18, 2008 at 10:57 AM

    @34
    saw a homeless bum studying for the CFA – yea exactly
    assclown!

  36. Posted by guest | December 18, 2008 at 10:58 AM

    It must suck to be turned down by the second best Business school in town…

  37. Posted by guest | December 18, 2008 at 11:03 AM

    @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

  38. Posted by guest | December 18, 2008 at 11:05 AM

    @37
    Guys guys take it easy. Your both lacking where it counts.
    You don’t have heart.

  39. Posted by guest | December 18, 2008 at 11:06 AM

    Bess, will you be my cum receptacle?

  40. Posted by guest | December 18, 2008 at 11:09 AM

    @37 You major in trolling with a 2.0 GPA?

  41. Posted by guest | December 18, 2008 at 11:11 AM

    @37 What’s the saying? “Never hire anyone from Penn.”

  42. Posted by guest | December 18, 2008 at 11:12 AM

    Welcome to the job market of the future….

  43. Posted by guest | December 18, 2008 at 11:14 AM

    @37
    I officially nominate you for Douchebag of the Year

  44. Posted by guest | December 18, 2008 at 11:14 AM

    @41
    as a penn graduate i agree -

  45. Posted by guest | December 18, 2008 at 11:18 AM

    @36
    Isn’t Chicago GSB the school that mysteriously stopped disclosing its admissions rate?

  46. Posted by NegativeConvexity | December 18, 2008 at 11:27 AM

    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…

  47. Posted by guest | December 18, 2008 at 11:32 AM

    @37
    do you like beagle puppies?

  48. Posted by guest | December 18, 2008 at 12:21 PM

    @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…)

  49. Posted by guest | December 18, 2008 at 12:28 PM

    @46: shouldn’t your name just be “Concavity”?

  50. Posted by Gordon Gekko | December 18, 2008 at 1:28 PM

    @32
    I hope you’re not a 1L, because your legal skills have a lot left to be desired

  51. Posted by guest | December 18, 2008 at 1:34 PM

    Blah, blah – get to the point. How much did they pay for their fishing equipment?

  52. Posted by guest | December 18, 2008 at 2:28 PM

    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.

  53. Posted by guest | December 18, 2008 at 2:35 PM

    Anybody else feeling powerless right now?

  54. Posted by guest | December 18, 2008 at 2:39 PM

    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.

  55. Posted by guest | December 18, 2008 at 2:40 PM

    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.

  56. Posted by guest | December 18, 2008 at 3:18 PM

    MBA

  57. Posted by guest | December 18, 2008 at 3:28 PM

    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.

  58. Posted by guest | December 18, 2008 at 3:32 PM

    better B-school….Duke or Darden?

  59. Posted by guest | December 18, 2008 at 4:12 PM

    @59
    better for itching… Monistat or Vagisil?

  60. Posted by guest | December 18, 2008 at 4:51 PM

    cfa mba…..
    i have
    CRM
    chartered relationship manager
    …CRMs hire to think …while we drink
    what the hell is an excell anyways?

  61. Posted by guest | December 18, 2008 at 8:33 PM

    …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

  62. Posted by guest | December 18, 2008 at 9:26 PM

    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.

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