Shots In The Dark
Friday, September 21, 2007
  Some Details of 2+2
A poster below defended Harvard Business School's new 2+2 program, in which college juniors are encouraged to apply to HBS, by saying that the program was only going to admit 12 applicants and that there was no penalty for dropping out.

Turns out that's not quite right.

In an interview with Business Week, HBS Assoc. Dir. for MBA Admissions Andrea Mitchell Kimmell explains that over time the school hopes to enlarge the program to 90 students and that students who are accepted, then change their minds, will likely lose a $1,000 deposit.....

Sadly, the Business Week interviewer does not ask if the program is a response to students who are simply abandoning b-school and going straight to hedge funds....

(By the way, HBS' Dee Leopold, Managing Dir. for Admissions and Financial Aid...has a blog! Any time, FAS.....)
  7:13 AM  
Comments:
Does HBS really have to collect a security deposit to make students enroll? The college doesn't.
# posted by Anonymous : September 21, 2007 9:38 AM
 
Apparently.
# posted by Richard Bradley : September 21, 2007 10:03 AM
 
It's sort of funny, though, because even though this is a blunt instrument it might in this particular case be useless. If these guys are such hotshots, the $1,000 disincentive to stay in the workplace is going to be dwarfed by the incentives that, if you're an I-banker seriously considering skipping business school, you will be weighing.

For grad students in the humanities of course $1,000 is an indenture.

Standing Eagle
# posted by Anonymous : September 21, 2007 10:13 AM
 
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