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phdphd 2007:
PROFILE:
Type of Undergrad: Business Administration
Undergrad GPA: 7.5/10
Type of Grad: MSc Business Administration
Grad GPA: -
GRE: 790Q / 580V / 3.5AWA
Math Courses: Calc I-III / Operations Research I-II / Stats I-II / Linear Algebra / Advanced Probability (Grad)
Econ Courses: Econometrics I, II, IV (Grad), Stochastic Economics I-II (Grad) (kind of asset pricing courses, devoted specially to derivative pricing).
Other Courses: Micro I, Macro I, Mathematical Analysis - First year PhD courses, I didn't have the grades at the time of the application
Letters of Recommendation: One supposed to be strong, finance PhD from Stanford GSB; the other two good ones I think (PhD North Carolina, local)
Research Experience: Two papers presented at a National Conference in Finance, MSc dissertation thesis.
Teaching Experience: TA for the MBA courses in my university.
Research Interests: Finance, applied micro, political economy.
SOP: I did the following: first I explained my interest in finance, second why pursuing a PhD in economics and not in business, third I mentioned three professors that I would like to work with at the university that I was applying.
Other: Male, 26, Latin America.
RESULTS:
Acceptances:
University of Southern California ($)
UNC ($)
Minnesota (no $)
Penn State (no $)
Boston University (no $)
UC Davis (no $)
Waitlists:
Cornell (I suppose) - rejected in the end
Rejections:
MIT
Princeton
Stanford
Chicago
Columbia
Northwestern
UCLA - Anderson
Rochester
Maryland
Wisconsin
Caltech
Going to: University of Southern California
What would you have done differently?
First of all, a good MSc in economics, not only because it would increase my chances of being admitted at better places but to feel more comfortable with the courses in the first year; second, I should have participated more in this forum, I remember that I asked for the evaluation of profile stuff but only this. I should have gathered more information about the places that I would fit better with the TM's; I'm happy with the school that I'm going to but a little bit frustrated being rejected in all the top 15 schools. What I mean is that the idea of applying to a lot schools can hurt a lot. Now I have kind of mixed feelings about all of this: should I wait one more year, finish the PhD core couses sequence in my program right now and apply again? Or this is just a dream? I don't know...