BStand wrote:
bullsfan4life wrote:
Does anyone have any indication of whether the number of total applications are up/down at Booth or across the MBA spectrum in general? I remember reading something in the WSJ last fall about how applications were projected to be down. If there really were about 500 admits in R1, assuming a 22% acceptance rate, this would imply about 2270 applicants in R1 alone. That's more than half the number of applications in all 3 rounds, last year. Unless of course, acceptance rates went up significantly at Booth this year, which seems highly unlikely as well.
I'm not trying to start an argument, I'm just telling you exactly what I saw in the directory. I'll admit that I looked at the R1 numbers a few months ago, so maybe 500 R1 Admits was really 480, but it's not a number materially different than 500.
Besides, if you assume 500 R1 Admits and say R1 has a slightly higher admit rate (let's use 25%), then that's 2,000 applications. If the split was 45-45-10 this year, then total app volume would be 4,444, which is only about 3% higher than last year's app volume (I think it was 4,300).
This is getting a little too hypothetical at this point. I was just trying to provide some additional context since the original stat was from Boothie2014 was a little misleading.
BStand, thanks for providing some additional insight. I know you're not starting an argument, and just because the data may not be what we want to hear doesn't mean it's not helpful.
That being said, it just seems like something else is going on here. Booth historically has used its wait list a lot and in BStand's scenario, it would hardly be used at all (unless round 2 yield falls off the map). It also seems, based off GC that Booth continues to employ a fairly large WL as it has in the past, and that it requires a fair amount of additional information. It doesn't seem like it would be worth the AdCom's effort (nor fair to candidates) to view all this material if only a handful would be accepted.
A possibility could be the desire to expand the class size, for all we know.
At this point all the speculation is a bit counterproductive since we are all in the dark. As it stands now, A 60% yield on remaining applications would put Booth pretty close to the class size last year and all admits from WL would be a result of the 320 R1 group being reduced. That being said for all we know a 60% R2 yield may be high (it may also be low) which would open up more spots, as would the more likely scenario that the 320 from R1 will be reduced below 300 when all is said and done.