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Does the fact that an applicant is NOT applying for financial aid help in the admissions?

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Does the fact that an applicant is NOT applying for financial aid help in the admissions?

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Not at all. Admissions are need-blind. Q: How important is it to attend Top 10 business schools? What makes a huge difference between Top 10 and Top 25? A: Two factors primarily. First, the caliber of the people you are going to school with. Second, the caliber of the job opportunities available upon graduation. If you are going back to work for your family’s company after you graduate, then the placement at a Top 10 is irrelevant. But if you are expecting a job at a top investment bank or consulting firm, they only recruit at top 10 schools. Q: In the interest of keeping hope alive, what’s the lowest GMAT score you have seen admitted to a top five school? A: I probably had someone with a very low 500 score, but they had an extraordinary academic profile, as well as great work experience. Let me also say that if there is a clinical reason for a low score, you should not hesitate to get a physician’s letter and take the test untimed. By a clinical reason, I mean a learning disability. Q

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