COMPARE CMU MSCF Waitlist vs UChicago MSFM

[rajdeepc]

Hi everyone! I have got an offer from UChicago MSFM with 20% scholarship and got waitlisted by CMU MSCF. CMU MSCF advised to look at current class profile and strengthen my application. I wanted to know what are the realistic chances of conversion from waitlist to being admitted? I kind of get the sense that the CV I submitted was bit off (I misunderstood when they said it can be 1-2 pages) and have an updated one (standard 1 page used for Jan submissions) with relevant projects and talking points. I also have completed advanced statistics courses since then and plan to do 1-2 more math ones as refreshers. At this point this is the only amendment I can make to my profile with the given timelines.
UChicago requires to respond by March 21 and Visa processing is also a time consuming factor with me being an international student. Chances of CMU MCSF process are looking pale and high risk and I am excited about UChicago after reading the reviews, curriculum and placements. I would very much appreciate all your inputs to assess this "tail" situation many thanks in advance!

 

[Andy Nguyen]

Given a lack of historical data on the conversion rate from the waitlist, it may be wise to take the best offer. Bird on one hand proverb comes to mind.
Unless CMU gives you a decision by March 21, you are making decision based on historical data.
CMU yield rate is around 60% meaning 40% of admitted applicants will go somewhere else. Where you are in this waitlist is a mystery.