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PDF Editor FAQ

How can I leverage a masters from the London School of Economics in my HBS application?

Hi Ankita, Thanks for asking about the LSE masters and how you can leverage it for an HBS application.(My answer will apply for HBS and also for any top business school.)It’s great to have a master’s from a top school like LSE when applying to business school; it certainly isn’t required, but it does show the school that you are able to complete a rigorous curriculum and that you have an international outlook and experience. I’m not sure you need to leverage anything, as they will see your grades and the courses you took. So all that information is in front of them and will be part of everything they look at from you.The primary thing business schools look for, (after grades and scores) is the quality of your work experience. That is going to be more important for you than the time you spent at LSE, although clearly the quality work that you have done since graduating is certainly attributable to your excellent education in London.If you were a very active student there and showed a lot of real leadership, that will certainly also add value to your application. They are looking at not just being a member of a club or a committee, but really making a difference in the culture of the school. Or if you took meaningful roles in community activities.It will all be part of your story, but not the only part. You won’t be treated specially for having had a master’s from LSE, it’s just one thing that adds to your candidacy because it probably challenged you in many ways beyond academics.

Could elite universities auction or raffle off one or more admissions slots, using the money raised to provide aid to other students?

Why not?Given the shit that’s gone down at top U.S. universities with the affirmative action circus at Harvard and now this whole admissions scandal in the last two weeks at a number of other top U.S. academies?Why fuck around in half-assed fashion with the mere corruption of these once venerated institutions?And not instead go the whole hog with neither pretense nor shame with the institutionalization of corruption?I mean let’s not play around son, let’s go the Full Monty and run the academy like a mercenary business.One can already see the promos -“Degrees for sale. Very limited supply! Come get them. Promotional discounts for first-time buyers!”But that’d be just one-half of the joke.Tell me now - Would you care to spend a few million dollars if the International Olympic or Nobel Prize committees started offering extra medals on the market on auction?No?Why not?Isn’t an Olympic medal or a Nobel Prize a mark of the highest and most prestigious achievement on the face of the planet?Because you know everyone else would view that medal you bought as being worthless.When I see the resume of a student who graduated from say Harvard U, these are the two key things which come first to mind -This person must be highly intelligent to manage to get admitted there.This person has access to a powerful network largely formed during their years at that university.More than half of the value from that degree comes merely from being admitted as a vetting process. Because while these institutions certainly have fine teaching and facilities, their primary calling card is the caliber of their students. Students who would have done very well at other institutions anyway.If you sold off say a dozen places in an open transparent auction, those students are marked right at the start as duds.Do you see what I’m getting at now? You think their names won’t be known? You think that information which is freely available won’t be scanned for within minutes by anyone in the future looking at a resume with that university listed on it?I can tell you quite bluntly that after the affirmative action debacle at Harvard in which the admissions data clearly showed that black and Hispanic students were admitted with far lower scholastic standards than Asians, I will henceforth not view graduates from those racial categories with the same lens as an Asian student.How could I? Because Harvard itself has branded them as sub-par.This auction will then be putting that on steroids.What of the network value?You realize how miserable the kids who’re caught up in this ongoing admissions scandal are going to be? Their classmates know that they don’t have the intellectual caliber to be there. And that they’re sitting in those halls only because Mom and Dad bought them that spot.Then it matters not whether the buying is done illegally or legally.The act of buying in and of itself has wrecked that social capital.It’s like someone asking me -“Would you want your daughter to be a prostitute depending on whether that profession is legal or not?”The point is not about the legality of that profession, it is that I don’t want my daughter to be a prostitute either way.Aside from the fact that it would erode the credibility for these institutions as ‘degree shops’, those degrees would be worthless in the eyes of future employers and those kids would spend four years as miserable outcasts.Now there are super-rich businessmen and world leaders who donate a ton of money to institutions and then get their progeny admitted. But it doesn’t fool anybody. Everyone knows the reason why those kids are in those institutions. And then every once in a while it completely blows up in their face like with the London School of Economics admitting Saif Gaddafi (the running joke became that the ‘L’ in LSE stood for “Libyan”).Yet even in these cases, there is at least some room for cover for these kids because there wasn’t a formal process that their parents bought those seats at the university. Their friends and families can hope to say“How do you know they got that place ONLY because their parents were donors? Do you know their grades or scores?”But now with an auction?All of that cover will be thrown away.That person will walk around being spoken of in the same fashion as if you walked around with an Olympic gold medal which everyone knew that you purchased on auction.In summary, it would be the buyers in that auction who would be fools.

Would it be advisable to drop out of NMIMS to go to ISBF, Delhi?

Comparing ISBF with NMIMS is not really a fair comparison. ISBF students get a degree awarded by University of London - LSE while NMIMS get a degree awarded by NMIMS. While the former degree is awarded by the one of the world's top university, the latter is awarded by an institution that only has a name in India. They don't have a world ranking.At ISBF, you would be studying one of the world's prestigious curriculum - the LSE curriculum. Everything related to academics is the responsibility of LSE. Final examinations at the end of every year takes place at the British Council, where the question papers come from LSE and answer sheets are sent back to the faculty at LSE for evaluation. While at NMIMS, the curriculum is formulated by them, examinations' question papers are set by them and also evaluated by them.ISBF curriculum is more challenging, hence meant for more academic students. You study the LSE curriculum here - LSE is amongst the top colleges in the world because of its curriculum. They constantly update their curriculum and their studies are application based. Herein, you have to write original answers - your thoughts. This is the beauty of this course - It makes you think! You can't breeze through the programme without studying or studying just before the exams.NMIMS, is an Indian curriculum, you know what to expect here.Anyway, they are the ones teaching their own curriculum and also grading the answer sheets of their own students. If you are comparing, then of course, scores of isbf students have more value.In terms of post graduation, needless to mention, especially for universities abroad, isbf students have an edge over any Indian university student. Whether applying to LSE or a college of similar league, isbf students will always be at an advantage. What will be a 2-year degree for Indian university students will be a one-year degree for isbf students.ISBF is a smaller campus in comparison.Their is an active social cultural life at isbf. Perhaps, not as much as it happens at NMIMS. Being an academic college the primary focus remains on academic. There is a 40-member (or more) student council at isbf that runs various societies from MuN to Dance to Music. There is also debating and so on.Hope this helps! You can speak to my senior Sarthak Gupta who left NMIMS after an year and joined isbf. He was also the recipient of the LSE Summer School Scholarship at ISBF.

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