I'm planning on applying to Business school in February of 2013 (I'm taking the GMAT mid- January), but I don't want to apply to any school where I would be considered a 3rd round applicant, as I hear they have a much lower acceptance rate than do 1st & 2nd round applicants.
SO, my questions are as follows:
1. Is my assumption correct? (Assumption: For good b-schools, 3rd round applicants have a much lower acceptance rate than do 1st & 2nd round applicants.)
2.Are there many B- schools that would not consider a February applicant as a 3rd round applicant, but rather consider me as a 1st or 2nd round applicant?
What percent of total b-schools would consider a February applicant as a 1st or 2nd round applicant?
3. Do many/any Business schools schools use "rolling admissions", which would preclude me from being considered 1st, 2nd or 3rd round applicant?
The short answers:
2. Not to my knowledge.
3. Columbia Business School uses rolling admissions, however, it too gets most of its applications by January.
Please realize that there is no penalty or stigma associated with 3rd or late round applications. It's not an issue of considering an app as a second round app. The issue is that when applications submitted in February are reviewed, most offers have already been made. There is simply less space and that reality, not label, is what reduces the chances of admission for later applicants.
However, timing is not the only factor in determining the success of an MBA application.
For more on this topic, and to see if you should apply round 3 (or in February or March), please see the resources below.
Links: http://blog.accepted.com/2010/12/31/mba ... ext-year..
Co-Author of: MBA Admission for Smarties: The No-Nonsense Guide to Acceptance at Top Business Schools
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