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A rapidly evolving situation

March 12, 2020 by EssaySnark Leave a Comment

We’re probably not going to be able to stay fully up-to-the-minute here on the EssaySnark blahg in reporting impact to your life and society on coronavirus — but suffice it to say, things are moving fast!

After we posted yesterday’s wondering about how this thing might affect business schools, entire universities announced that they were shutting down the bulk of their operations and having students move off campus. This includes Harvard, MIT, and Stanford. Northwestern said that they will be extending their spring break for an extra week and then resuming classes in an online format only. That’s the plan at some other places too, apparently. This is only a small sample of all the decisions happening on higher ed in the U.S. in the past day.

Wow.

Northwestern Kellogg is also making accommodations for Round 3 MBA applicants who aren’t able to take the GMAT or GRE due to shutdown of a testing center. If that’s you, you can go ahead and submit your Round 3 application and they’ll let you send in a test score later on. Columbia has also done that for their Deferred Admission Program for college seniors; they are keeping the app deadline but giving candidates till July to submit a test score.

We haven’t yet heard of any school extending a Round 3 deadline, but that could happen, also. UPDATE: Michigan Ross already has! They now have a so-called Priority Deadline set for Round 3, which is the original date of March 30th, and they suggest international applicants still adhere to that deadline. However, they will be accepting apps till May 29th.

The schools already have been seeing reduced applications for this season, and the timing of this outbreak is sure to further suppress volumes for the final round. We’re not convinced that extending the deadline will do that much for a school to scoop up more applicants — but what it does say is that you may have a better chance of applying in Round 3 this year than you typically would.

Yesterday seemed like a tipping point, where all of a sudden, many in America realized that, hey, there’s something going on with this coronavirus thing.

It remains to be seen how all the schools will respond.

The economy?

Yeah, it’s gonna be impacted. For sure.

Layoffs have begun, mostly in hospitality and tourism.

The stock market is spooked.

People are buying toilet paper as if manufacturing is in meltdown. Which it’s not.

But yeah. Stuff is happening.

It’s also definitely — DEFINITELY — going to impact how the waitlist plays out for the Class of 2022.

There are likely to be lots and lots more BSers waitlisted in Round 2 than there have been (and recent years have seen lots of waitlisters already). There are likely to be some cancelations of confirmed enrollments.

It’s very likely that the schools will implement the unusual policy of refunding your deposit if you have already committed to them and paid the first installment.

Or, they’ll consider a deferral to a future year, which they hardly ever do for anyone in a typical year.

It’s just beginning. Most schools will become creative, and flexible.

We’re in a new world, folks. We just don’t know what it looks like yet.

We’re not saying that to spread panic and fear. We’re saying it because we’re in a time of change. It’s gonna be interesting for awhile — and possibly unnerving. Which is the reason why otherwise rational people might be stocking up on toilet paper right now.

Uncertainty spooks homo sapiens. It’s okay if you’re feeling weird.

Seek out reputable sources of news. Don’t do panic-selling on your stock portfolio. The world will go back to some form of normal again.

For now, we’ll just have to wait and see how things go.

Filed Under: the world

« Previous: How will coronavirus affect business schools?
Next: What changes are you making due to coronavirus? »

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From a BSer January 2020:
"love the guide books!"


CLASS OF 2023 MBA APPLICATION STRATEGY GUIDES

     
    The 2020 Berkeley-Haas MBA Application Guide - updated for the Class of 2023 application!
SnarkStrategies Guide for Berkeley Haas - refreshed and updated, with brainstorming exercises and structured maps to help you focus your stories!
   
    The 2020-2021 NYU Stern MBA Application Guide that covers the main essay, the EQ Endorsement and Pick Six!
SnarkStrategies Guide for NYU - discusses your requirements for the Class of 2023 essays!
   
    The 2020-2021 Columbia MBA Application Guide
SnarkStrategies Guide for Columbia Business School for 2020-2021 applications
   
    The 2020 Harvard MBA Application Guide - completely overhauled and updated for the coronavirus era!
SnarkStrategies Guide for Harvard Business School!
   
    The 2020-2021 Duke Essay Guide - covers the 25 Random Things essay and all the rest too!
SnarkStrategies Guide for Duke Fuqua - up to date for the current season!
   
    The 2020-2021 MIT Essay Guide covers the org chart, the contacts for two references, and additional tips for the cover letter and 'introduce yourself' video -- and everything else you need to know!
SnarkStrategies Guide for MIT Sloan MBA - totally revised for the Class of 2023!
   
    The 2020-2021 Tuck Essay Guide has been refreshed with latest insights and advice for your essays about "investing generously" and "why Tuck"!
SnarkStrategies Guide for the Dartmouth Tuck MBA - completely overhauled for 2020, to help you demonstrate how you are nice, aware, etc stuff!
   
    The Yale SOM MBA Application Guide for Class of 2023 candidates!
SnarkStrategies Guide for Yale SOM - updated for 2020-2021
   
    The 2020-2021 Chicago Booth MBA Application Guide - ready to go to support your Class of 2023 essay strategy!
SnarkStrategies Guide for Chicago Booth for this year's MBA app!
   
    The 2020 Wharton MBA Application Guide - even more advice on how to get to a win with those essays!
SnarkStrategies Guide for The Wharton School - with new tips for 2020!
   
    The 2020 Kellogg Essay Guide - with a full methodology to identify your 'lasting impact' and your 'values' -- plus tips on 2020 world events and applicability to your essays!
SnarkStrategies Guide for Kellogg MBA - updated and revised for the new realities of 2020!    
      The 2020 Stanford MBA Application Guide - for "what matters most" in your MBA application!
SnarkStrategies Guide for Stanford GSB for the Class of 2023
   
    The 2020-2021 UCLA Anderson MBA Application Guide - updated for Class of 2023 on "impact"!
SnarkStrategies Guide for 
UCLA
   
   

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  • 2020: The Fed and the virus
  • 2020: What you control in life
  • 2019: ($) "What can I do to improve my chances?" GMAT edition
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  • 2014: Someone is starting early!
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